“There are a lot to learn from the awarding process” ​

This kind of event helps us to get updated with what is happening in Nepali colleges and how the management education is being looked upon by the business community. There are a lot to learn from the awarding process. I thank the organiser for coming up with such an innovative idea. This type of programmes should be organised for other sectors as well because ranking is very important and it makes people to work hard and enhance themselves. 

I have some suggestions which I think will be helpful for the future endeavours of New Business Age. In developed countries, the criteria for selecting universities and colleges are publicly declared and the educational institutions work hard to meet the requirements. Similar approach can be applicable in our context. The criteria for the educational institutions set for the National B Schools Rating-Ranking-Awards 2017 are good so far. It will help in making the educational institutions more conscious towards their responsibilities and duties as good business schools.  

The faculties of management are one of the best in the world for the last two decades. Business studies are becoming very popular subjects the world over. The management programmes are important not only for the people who are in or want to join the business sectors but for also to them who are in other professions. A doctor or an engineer, for instance, can achieve success in the profession if he/she is equipped with the knowledge of management. 

The Tribhuvan University is one of the largest universities of the world in terms of enrollment of the students. There are around 400,000 students and 1,100 colleges presently affiliated to the TU. Nevertheless, it is a disappointment that we are not in the top of global ranking of universities. Globally, the number of enrollments is not taken as a factor of success of the educational institutions.  The best colleges and universities might have fewer students but they concentrate on the quality of education. They receive awards on the basis of their research work and publications. Though countries like Nepal and India have best universities in terms number of students, they have not been able to reach the top in terms of quality of education. Therefore, our colleges and universities need to focus more on quality so that they can compete with the world's best educational institutions.

 

“Public institutions lag behind private ones” ​ ​

The ranking and rating of educational institutions has two benefits. Firstly, it encourages academic institutions to excel in their quality of education. Secondly, it makes easier for parents and students to find the best colleges around. There will be a risk of choosing wrong colleges, if the institutions were ranked based on their academic results. So, it depends on the parameters and processes of the ranking and rating. I have come to know that these two points have been noted carefully by the jury. I am certain that this will help to develop our colleges into complete educational institutions. Good leadership, effective cooperation, ample number of faculties and high level of research are the factors that make colleges and universities best educational institution. And, the dedication of students also play important role in this regard. I believe this event provides an opportunity to Nepali management colleges to develop all these qualities. I have noticed that most of the awards have been won by the private institutions. The private colleges and corporate institutions are interlinked. But the public educational institutions lag behind in this regard. Due to the political interferences, the public institutions are weak in terms of management and cannot compete with their private colleges. The quality of their education will improve if the public educational institutions realise this fact.