1. EDUCATIONAL
ENVIRONMENT & BUSINESS

2. 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.

3.  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

4.  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

5.  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%.

6.  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.

7. 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

8. FEATURES OF EDUCATIONAL
ENVIRONMENT
 As discussed

9. 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

10. 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

11. 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

12. 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

13. 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

14. 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

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