Abstract
Globalization has significantly influenced the evolution of management education worldwide, requiring business schools to integrate international business practices while maintaining relevance to local socio-economic contexts. In India, this transformation has created both opportunities and challenges for business schools attempting to balance global competencies with domestic institutional realities. This study examines how global business practices are perceived and incorporated within Indian management education from the perspectives of key stakeholders. A qualitative interpretive research design was adopted, and data were collected through semi-structured interviews conducted during the Spring and Autumn semesters of 2024. The study involved 44 participants, including 12 subject matter experts engaged in curriculum development, 19 management students enrolled in globally oriented programs, and 13 industry professionals working in internationally active organizations. Participants were selected using purposive sampling to ensure relevant expertise and contextual knowledge. Interview data were transcribed and analyzed using thematic analysis, and methodological triangulation across stakeholder groups was employed to enhance the credibility of the findings. The results indicate an increasing emphasis on experiential learning, industry collaboration, and digital competencies in management education. However, participants also highlighted persistent challenges, including overly theoretical curricula, limited global exposure for students, and structural constraints such as rigid regulatory frameworks and infrastructural limitations. The study suggests that strengthening industry–academia collaboration, updating curricula to reflect evolving global business practices, and incorporating technology-enabled learning tools such as AI-driven business simulations can enhance the global competitiveness of Indian management education. These findings provide insights for policymakers, educators, and institutional leaders seeking to better align management education with the demands of an increasingly globalized business environment.
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