EDUCATIONAL ENVIRONMENT & BUSINESS

BACKGROUND

Education in India is only one between various additional elements that have captured the attention of the world. While the United Nations is concerned about the presence of a large number of illiterates, various other countries are surprised by the quality of some of the human resources that the Indian education system has shaped.

Historical Background of Education (India) The Vedas, Puranas, Ayurveda,Yoga, Kautilya's

Arthasahtra are only some of the milestones that the traditional Indian knowledge structure boasts of. There are evidences of imparting proper education in ancient India under the Gurukul system.

Under the Gurukul system, young boys who were passing through the Brahmacharya stage of life had to stay at the Guru or the teacher's home and complete their education.

Under the Gurukul system, young boys who were passing through the Brahmacharya stage of life had to stay at the Guru or the teacher's home and complete their education.

the English language and the reformation movements of the 19th century that had the most liberating effect in pre-independent India . the Britishers, although rightly criticized for devastating the Indian economy, can also be credited for bringing a revolution in the Indian education structure

Education System in India The present education system in India mainly comprises of

primary education, secondary education, senior secondary education and higher education. Elementary education consists of eight years of education. Each of secondary and senior secondary education consists of two years of education. Higher education in India starts after passing the higher secondary education or the 12th standard. Depending on the stream, doing graduation in India can take three to five years. Postgraduate courses are generally of two to three years of duration. After completing post graduation, scope for doing research in various educational institutes also remains open.

As education is the means for bringing socio- economic transformation in a society, various measures are being taken to enhance the access of education to the marginalized sections of the society

In order to develop the higher education system, the government had established the University Grants Commission in 1953. The primary role of UGC has been to regulate the standard and spread of higher education and the increase of higher educational institutes in India

According to the data, literates constitute 74% of the total population, aged seven and above, and illiterates form 26%.

The literacy rate went up from 64.83% in 2001 to 74.04% in 2011 showing an increase of 9.21%.

Interestingly, females literacy level saw a significant jump as compared to males between 2001-2011.

While female literacy in 2001 stood at 53.67%, it has gone up to 65.46% in 2011. The male literacy in comparison rose from 75.26 to 82.14%.

India is a nation of young people with 672 million people in the age group of 15 to 59 yrs which treated as the working age population.

Young population should be considered as a valued asset with well equipped education & skill which contributes to growth of the nation at large

We need 100% literacy and highly skilled young manpower for knowledge leadership in the world.

MEANING OF EDUCATIONAL ENVIRONMENT It the academic surrounding the covers the

huge population of our country. This includes training and development

schemes so applied on the human force for overall development

It must for creation of human capital which help achieve economic growth, higher standard of living for all, etc

People enjoy development of the nation only when they are educated and knowledgeable.

It also bring social reforms

FEATURES OF EDUCATIONAL ENVIRONMENT As discussed

EFFORTS FOR FAVOURABLE EDUCATIONAL ENVIRONMENT

Priority along with other nation issues long & short term plans & programmes prepared for primary, secondary &

university education. Central & state govt involved Supports growing needs of business Best investment UPA presented a Common Minimum Programme (CMP) They pledged o raise public expenditure in education to atleast 6% of GDP

with atleast half sped on primary & secondary schools in phased manner. Govt introduced CESS on all Central taxes UPA ensured no body is denied professional education because he or she is

poor Midday meal scheme Appointment of NKC-National Knowledge Commission- bring out blueprints

on knowledge potential and the path ahead of India. Literacy programmes for women – expenditure done by central & state govt

75% & 25 % respectively• Universalization of education is must in India• Elementary education a fundamental right for all children in age group 6-14

yrs • Increase in public expenditure on education

RELATIONSHIP BETWEEN EDUCATION & BUSINESS IN INDIA Closely interrelated Generates qualified & matured manpower which is

must for growth of business enterprise. Education provide skilled manpower to business Generates innovation & creative Builds acceptance to change Improves standard of living Provides professionals Generates sophisticated work culture Supports social welfare Employability Creation of Good social conditions

IMPORTANCE / ROLE OF EDUCATION IN BUSINESS MANAGEMENT Provides experts of varied field- accountant, IT,

engineering, MBA Provides skilled manpower Specialized education-expert knowledge employable population Creates knowledge society Acceptance of technology Acceptance to change & challenges Efficiency & growth of business Facilitates efficient conduct of global business Business expansion & growth

IMPACT OF EDUCATION ON BUSINESS Positive outlook Flexibility in acceptance Growth of professionalism Technology friendly Social personality Work culture Knowledgeable leaders Encourages Creativity & innovation Optimum use of available resources

IMPACT /ROLE OF BUSINESS ON EDUCATION

Growth of industries Cut-throat competition Survival of the fittest Need for quality in available quantity (mass) Growing relevance of service sector Growth of entrepreneurial class Social commitment Requirement of specialization Information revolution

MEASURES TO IMPROVE STANDARDS IN BUSINESS EDUCATION Develop aptitude & caliber as per industry demand Selectivity approach Alongwith govt sponsored private institutes should be

recognized Privatization & globalization of higher education should

encouraged Course Content should be revised periodically Provide on job training Provide refreshers training Institutes should be independent & self- sufficient Use of modern technology Interface between educational institutes & corporate Quality education must be the objective Encourage sponsorship from corporate house Research should be encouraged by business houses

CAREER OPTIONS IN BUSINESS : Accounting Advertising & marketing research CS HRD Event Management Banking & Insurance IT Based services Management Marketing Production& purchases Telecom