The Management Education (MBA) Challenge a Study of Managerial Competency Needs & how Well MBA's Differentiate

MBA & Equivalent Courses” are hugely popular among students and corporates. India has the third largest group of B-School applicants after USA and China. (GMAC Report 2012). This surge in interest in MBA Programs has made B schools and management education a significant participant of the economy. These programs claim to build management skills in the participants to serve the corporate world. But a lot of negative feedback from both industry and academia on the direction and outcome of these programs are making it necessary to investigate the issue.The study using primary data collected from 355 Indian managers belonging to a cross section of industry and organizational hierarchy tries to identify key generic managerial competencies that they find most important to successfully perform their managerial role.The research explores whether MBA's show better on these managerial competencies in comparison to Non MBA's while performing their role and found that corporate managers do not find MBA's better equipped than Non MBA's while performing managerial task on most of the competencies.