Out of all the degrees offered world wide, an MBA is the most sought after degree. According to the AACSB, USA there are more than 13,000 management institutions in the whole world which are granting management degrees at under-graduates and post-graduate levels. Asian countries account for 6500 institutions out of these 13,000 odd institutions. According to the AICTE, currently India has 3,900 management institutes offering MBA./PGDM programmes which are approved by the regulator i.e. AICTE.
If we have to make India a global hub for all education, a beginning can be made by identifying top 100 institutions providing quality education with good faculty and infrastructure. These top 100 institutions can join hands together and form a consortium to market brand. Success stories of Singapore, Dubai and Hong Kong are not very old. Taking a cue from these recent success stories, India can aim at becoming a hub for education and attract all aspirants from all over the world. It cannot be achieved overnight but will require concerted efforts from on the part of the Union Government.