Academic journal article Review of Management

Management Education in Nepal: The Road Ahead

Academic journal article Review of Management

Management Education in Nepal: The Road Ahead

Article excerpt

How did Management education evolve in Nepal?

The history of management education in Nepal can be traced back to September 2, 1954 (Bhadra 17, 2011 Bikram Sambat) when Commerce Department in Tri Chandra College, the first college of the country, launched the Intermediate of commerce (I.Com) with 27 students and Bachelor of Commerce (B.Com) with 4 students. Commerce education became very popular within a short span of time as a result of which a number of colleges in and outside Kathmandu were established. A prominent among them were Nepal Commerce College (Lalitpur), Public Commerce College (Kathmandu), Mahendra Morang College (Biratnagar) and Thakur Ram College (Birgunj). The master level program in commerce known as Master of Commerce (M.Com) was started only in 1960 after the establishment of first university of Nepal which is Tribhuvan University (TU).

In 1973, Institute of Business Administration, Commerce and Public Administration (IBACPA) under Tribhuvan University as part of the New Education Plan System 1971 was established. IBACPA was entrusted with an overarching role of implementing, monitoring and evaluating Management education program in the country. IBACPA came up with academic degrees like Proficiency Certificate, Diploma and Degree in Business Administration and Commerce respectively based on semester system. However, due to students' agitation, semester system was withdrawn and the IBACPA was restructured and renamed as Institute of Management with traditional annual examination system becoming part of a professional program like Management. Later on, Institute of Management became a full-fledged Faculty of Management under Tribhuvan University. Currently, it is undisputed leader in Management education in Nepal by as it is offering Ph. D. in Management, Phil. in Management, Master of Business Administration (MBA), Master of Business Administration in Information Technology (MBA-IT), Master in Business Management (MBM), Bachelor of Business Administration (BBA), Bachelor in Business Management (BBM), Bachelor in Information Management (BIM) etc. over its original programs like Master of Business Studies (MBS) and Bachelor of Business Studies (BBS).

Kathmandu University, Dhulikhel (not-for profit private university) became the first university to launch MBA programme in 1993 under Kathmandu University School of Management (KUSOM). Purwanchal University, Biratnagar also started Management education in 1993. In 1996, Pokhara University was established mainly to serve the country's western region in the field of higher education. Pokhara University also offers undergraduate and graduate degree programs in business and it has several of the affiliated colleges imparting various management programs such as Ph.D., BBA, BBA-BI, MBA, EMBA and so on.

Far-western University, Mahendranagar and Mid-western University, Surkhet both established in 2010 have also started BBA and MBA programs to expand reach of Management education in the country, mainly far-western part of the country.

More recently, foreign university programs in business have also come up in Nepal. They mainly run BBA, MBA and EMBA programs.

What is the current state of Management education in Nepal?

Management education is widely popular among youth of the country. They are opting bachelors' and masters' programs in Management in a big way to make a successful career in corporate houses or become entrepreneurs and set up their own businesses. According to the Economic Survey published by Government of Nepal, Ministry of Finance, the estimated number of students enrolled in management programs in 2013-14 were 130,843 in Tribhuvan University while the same were 15,048 in Pokhara University, 8,447 in Purwanchal University and 1,965 in Kathmandu University. It all shows that Tribhuvan University has the largest number of management students followed by Pokhara University, Purwanchal University and Kathmandu University. …

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