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High Demand, Low Supply: Executive Education Proves Essential
to Indian & Chinese Economies

- by Marie Field *

Previous

Page - 2

For many executives, being away from work for a fair amount of time on a traditional MBA course is not an option - the part-time, distance and weekend structure of Executive MBAs is far more attractive. NIIT Imperia, with the Indian Institute of Management (IIM)
Ahmedabad, Calcutta and Indore as academic partners, has set up 'virtual' classrooms throughout India and middle managers can attend management courses without even being in the traditional classroom of lecturer and students. Technology is at a point where managers from across the country can even interact with lecturers and other students remotely.

Blended and online training solutions are becoming staples in India's and China's economic development. Although very technically skilled, many managers lack soft skills such as initiative, leadership, communication, and the ability to thrive within a team. These are all necessary attributes to make it to the top, and reverse the set patterns of the well-ingrained hierarchical employment system in Asia. Innovative training courses allow people to upgrade their skills at any time, therefore, becoming the 'right type of people'.

Rajeev Gaur, Vice President of Times Business Solutions, discusses the need for executive courses in India. "There aren't necessarily great skill gaps but rather a very high demand and companies need more and more people. They are not able to get the right type of people. Investing in training and management programs to improve skills amongst middle managers is vital in India." Mr. Gaur explains the value of 'compact' courses. "Leadership skills can even be improved after participating in a four-day program with a three-month follow-up."

A great number of western businesses setting up in India and China are demanding more experienced executives, but fresh MBAs are also needed. Xin Ivy Bian, a current student of ESSEC's International Hospitality Management MBA program talks about the younger generation's ambitions. "Nowadays, more and more Chinese students are heading to Europe to continue with higher education, partially because Europe is now more open to China than previously," says Xin. "More and more big European companies are coming to China for investment purposes. As a result, these companies will have an idea of how much an MBA obtained from certain European institutes are worth. Furthermore, they may want to hire someone who has a local Chinese background, as well as cultural and business knowledge of the European climate."

Whether you are eager to get into an Executive MBA program at a top business school or simply improve your leadership skills, India and China are the two countries that need your newly developed skills. These two nations are developing faster than the current workforce can take on, and if experts are correct, China and India will be centre stage of the world economy for many years to come.

Concluded.


Source: -
Marie Field
Website: www.topmba.com


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