Required Portfolio of Essential Competencies in Corporate World
Individual working professionals now understand the benefits that proper management education can bring in for them. Thus, more and more people including students, working professionals and managers at the high posts in good firms now believe in pursuing management courses according to their requirements and availability of resources such as money and time availability which are in fact the most important resources for working professionals at any level.
In order to contribute meaningfully to organizations, the management education graduates need to be equipped with specific knowledge about the field with experience in practical implementations, specialized skills and abilities that are sharpened through a comprehensive set of management education experiences.
Another important quality required in addition to mastering technical skills is acquisition of ethical knowledge, sense of social responsibilities, knowledge of law and public policies. Development in communication and leadership skills is a must for an individual.
The success in providing graduates with these critical Competencies by educational institutions is quite clearly evident in their career in form of spectacular success. A study of alumni in 30 highly rated Business schools showed that nearly one-third of those surveyed Were in one of the top three positions at their organizations after ten years of Graduation. This quite clearly provides the impact of proper management education on careers of individuals in the long run.
The multi-dimensional education provided in management education makes students capable of contributing to organizations with diverse missions and goals as the resources and demands of clients are normally unclear and high and that they need to be interpreted completely in order to correctly develop the project. Therefore the role of an individual in efficient management in the firm at large becomes quite evident.
Therefore Management education provides graduates with a portfolio of required competencies that enables Meaningful contributions to organizations engaged in a variety of enterprises and Pursuits.
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