The Government, in the Union budget 2014-2015, allocated Rs 27,656 crore for higher education. This new figure is an increase of almost 13 percent on the amount allocated in 2013. With such kind of emphasis on the higher education sector from the government, many experts feel that, the country can surpass U.S. and China to become the largest higher education system in the world. However, will it be better than U.S. and China? While, considering the poor quality of many public universities and other major institutions in the county, predicting the quality of Indian higher education system in the near future would be like predicting the outcome of a lucky draw. However, to fill the gap the country has many institutions in the private sector, are trying to upgrade the quality of education by designing own pedagogy within the confinements of state university curriculum.
To choose the best among them is a difficult job for students as there are hundreds of new institutions coming up in the country every year. In the management education sector alone, AICTE accredited 658 new B-schools in the academic year 2014-15. With many experts on the panel, we at Higher Education Review have a better understanding of best management institutes in the country that are providing out of the box facilities to the students. However, it is tough to understand the key strength of a management institute when they are performing well in the major areas. By measuring parameters like Infrastructure, Faculty, Industry interaction, Innovative programs, research and placements, our team of experts consisting of top HR managers and Educationalists has brought best management colleges in the year 2014. They have also categorized each entry by understanding the institute's key strength.
The study identified management institutions in the areas of Infrastructure, Faculty, Industry interaction, Innovative programs, research and placements. We sincerely hope that our efforts will help the large community of students who are confused about choosing the right management college in the country. In the next few pages, we will bring you the some of the top management schools across the country selected by our expert panels as the 'Management College of the Year 2014.'