An Abstract India has made a huge progress in terms of increasing primary education attendance rate and expanding literacy with diversified area of interest, to approximately two thirds of the population. India's improved education system is often cited as one of the main contributors to the economic rise of the country.

Much of the progress in education has been credited to various private institutions ; continually increasing numbers of the management institutions showing their huge significant towards changing teaching techniques ; methods. "Necessity is the mother of invention. " which contributes to improved results, generate potential in raw crops in the face of students, helps open up pupils’ minds and increases their self-belief, and allows schools to respond to world changes and to keep pace with the changing needs of their pupils.

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It has been observed that the Indian management institutions have made necessary amendments in their education system so as to create the effective managers who can fight with the current volatile business environment. This paper deals with an overview of education system, which enables a person to become competitive in the present volatile environment. It encompasses the details of techniques which have been used so far by management institution for creating effective managers.

The paper is based on empirical study and contains the extract of localized survey of students of some prominent B-schools, which in turn provide the results on the basis of which the efficiency of present education system can be evaluated. Introduction Innovative teaching methods are needed that will achieve good learning outcomes on substantive content as well as developing generic skills. The educational model is derived from experiential learning theory, and based on the view that skills are most effectively learned when situated in a purposeful context.

The paper explains the underlying rationale, and how use of the method can develop or enhance students’ generic skills. Both theoretical and practical perspectives are considered. The learning occurs in a purposeful context with immediate practical application. Any innovation is likely to meet resistance, especially where it challenges basic perceptions of what is appropriate, or in other words, shakes people out of their comfort zones. Education in India has a history stretching back to the ancient urban centres of learning at Taxila and Nalanda.

Western education became ingrained into Indian society with the establishment of the British Raj. Much of the progress in education has been credited to various private institutions. Education in its broadest sense is any act or experience that has a formative effect on the mind, character or physical ability of an individual. In its technical sense education is the process by which society deliberately trans options are now available and continue to evolve. The right to education has been established as a basic human right:mits its accumulated knowledge, skills and values from one generation to another.

Teachers in educational institutions direct the education of students and might draw on many subjects, . Many non-traditional education options are now available and continue to evolve. Teachers need to understand a subject enough to convey its essence to students. While traditionally this has involved lecturing on the part of the teacher, new instructional strategies such as team-based learning put the teacher more into the role of course designer, discussion facilitator, and coach and the student more into the role of active learner, discovering the subject of the course.

In any case, the goal is to establish a sound knowledge base and skill set on which students will be able to build as they are exposed to different life experiences. Good teachers can translate information, good judgment, experience and wisdom into relevant knowledge that a student can understand, retain and pass to others. Studies from the US suggest that the quality of teachers is the single most important factor affecting student performance, and that countries which score highly on international tests have multiple policies in place to ensure that the teachers they employ are as effective as possible.

Education is becoming increasingly international. Not only are the materials becoming more influenced by the rich international environment, but exchanges among students at all levels are also playing an increasingly important role. Concept of Business School - Management Education In the modern economic scenario all over the world- “Management” – as a stream of education and training has acquired new dimensions. Management is an exciting field where you can have an immediate impact on the operations of any business. The field of Management is dynamic in nature.

New tools and techniques are continually being introduced to improve the efficiency, productivity, and profitability of any organization. All organizations and their departments, functions, or groups use Management methodologies, which include problem solving techniques and guidelines for various related activities. Education in management should have mainly following aims: • Increase the understanding of the factors which influence the conduct of organizations • Provide students with the tools and techniques that they may use to influence organizational life.

Influence the economy in general Nature of Management Education Management education cannot be compared with studying other subject areas like chemistry, physics, mathematics or law etc. Management Prepared by Dr. A. Chakravartty Concept of Business School ; Management Education can rather be compared with medicine. No doctor is allowed near a patient purely on the basis of theoretical knowledge. Doctors learn the professional skills by acquiring the practical knowledge that is taught by practicing doctors and hence they become experts in diagnosing the real physical condition of patients.

In the similar way, in a business scenario also you have to do things, take decisions, take actions, and monitor results. You cannot operate any business by just planning what to do on paper. Planning is, though an important step in the process, there are many examples of businesses with excellent plans having failed because of non-implementation of proper ideas. Management education should actually supplement on job training being given by the companies to the management trainees. It should also develop the analytical skill and improve the ability to assimilate complex external and internal factors influencing an organization.

Who should teach? “People who know about business techniques and can teach business management should be involved in running such institute. First of all, the faculty is envisaged to be a special breed of people. They not only have high academic qualifications, but are also Masters or Gurus of the ideas they are discussing, "What we are doing right now" is the keynote among management students but, the thing which really makes a faculty special is the ability to teach and communicate in a very effective way. One of the important things these people understand is that very few business situations will fit the textbook examples.

The comparison with medicine is again valid. Each situation can be described as unique, requiring its own unique solution. To be able to do this, one should be able to analyze a situation, examine various alternatives and come out with solutions to solve the particular problem being faced or to achieve organizational goals. A qualified faculty understands these situations and can correctly incorporate them into the learning process. Business today is global. Even the smallest company is affected by happenings outside its immediate geographical boundaries.

Medium and large companies are automatically involved in cross-border business. The businessmen and women of today need to understand this, and, where necessary, to be able to exploit the situation. It is not possible today to teach domestic business and global or international business as separate subjects. In the real world of business, few people can be expected to solve a problem themselves. The value of multiple inputs in reaching a better solution is widely understood Management education enhances the managerial skills by sharing of ideas, the acceptance of others’ ideas and many of healthy discussions.

Learning from other approaches is not always a natural and single study process. It has to come with active participation in a group of people and it happens in the Management. Faculty and other students challenge statements, attack and defend ideas. The assimilation of other approaches forms an important part of the learning process. Management education cannot be offered as textbook education. Those who are the practicing managers can give better training to the management students. Management education is training not typical classroom teaching. Classroom interactions are nothing but exchange of ideas and communication centers.

This actually makes it different from other educations such as Technical education and other subjects to go along side management education. Proposed Study This is a qualitative as well as a quantitative study of cause ; affects relationship of teaching methods and their impact on the performance of the scholars specifically in management education system. Where teaching patterns are the independent variable ; performance of the students is the dependent variable because methods which are being used by the teachers are having a direct impact on the learning process of the students.

Objectives of the Study •To get insight in the existing teaching patterns, prevailing in the management institutes. •To find out the probable ways through which the management studies can become more significant in the current volatile business environment. Research Design The research methodology taken for the study is a prudential and calculated mix of analytical ; exploratory research. This is a qualitative as well as quantitative research and based on convenient random sampling.

Methods used for data collection are Primary as well as secondary, the secondary data is collected through news paper, internet, ; journals and primary data is collected through questionnaire and surveyed area is Bhopal region. The sample size for primary data is 60 belongs to managers and students. The analysis has been done by simple percentage method ; observation method and supported by pie-diagrams. Major Findings Following finding are based on the data collected through field survey 1-Teaching pattern satisfiedunsatisfiednot clear 2153 54%38%8% 2-course content satisfiedNot satisfied 328 3-Library ; technological resources

Library ; technological resources satisfiedNot satisfied 2317 4-Chart showing the ability to correlate the theoretical knowledge with practical world able unable 1825 5-Percentage (%) showing significance of M. B. A. course in job area significantNot significant 164 6-Percentage (% )of attributes which differentiate a M. B. A. scholar from a non M. B. A. Attitude towards challengesWorking under pressureTarget oriented approachDecision making abilitystrategy formulationgroup behavior 47. 30%26. 31%36. 80%42. 10%52. 60%36. 80% Suggestions Following are the suggestions derived from data analysis and interpretation: Test should be conducted before opting of the specialization area.