If we consider the overall growth of the nation, there are many factors which are to be contributed for this growth. To name a few of factors include infrastructural growth, industrial revolution, ever growing service sector, high employability and improved and quality education system. Here, I would specifically like to talk about the improved education system. Management colleges in india have played a vital role in improving the quality of higher education. These colleges have put in all their best efforts to provide best education to the students so that they are able to get jobs, once they pass their college.
Schools of business management have made ensure that whatever is taught to students is relevant to the current business market and thus they are responsible corporate citizen. This improvement of education system has far reaching effects on so many other related sectors of the economy like Employment level, service sector etc. So, we can conclude that business schools have made very great impact on economic growth of the country.
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