The history of management education is not so great in India. Before India achieved independence nothing of this sought was found. This type of education started some 50 years back as part time education for working professionals and practicing executives. It was only after independence that our late Prime Minister Pt. Jawaharlal Lal Nehru wished to establish educational institutions in India, which would be similar to Harvard and Oxford business schools and would come into sight as a place for nurturing knowledge excelling in technology and management of bright and talented minds.  Technology and management is always considered as two key components drive development of any nation.

This foresight of Nehru ji finally led the founding stone of most reputed management colleges called 

Indian institutes of management Calcutta & Ahmadabad in 1962. These institutes offered two year full time post graduation in management and are considered to be the best business schools in India till date. The establishment of these colleges gave a new direction to management education in India. This gave students a sense of competition so that they can get into these colleges and can secure brighter professional career. Ever since after this, the number of business schools have increased considerably. This growth has shown dynamic pattern, which again assures the continuous growth of nation on a broader prospective. 

Talking about the present times, management education in India is presently going through a shining and glorious phase with a large number of universities, colleges, courses as study options. Indian business schools have gone a level up and have set their standards in par with international education.  Gone are the days, when Indian students need to go to overseas destinations to pursue higher education. Ever since the job market for professionals in management has been strengthened by the arrival of multinational incorporations, students have started taking their education in India only. Management schools in India have also made important contributions in the popularizing of education among students pursuing these through its world class infrastructure, education standards, the course structure, and a record investment.

Today, the primaries focus of this education to nurture the knowledge and understanding of business theories and principles, which have far reaching impact on organizational practices. Also, it emphasizes on anticipating and influencing change in organizations, develop leaders for organizations and develop an entrepreneurial mindset.

Considering this, most of the young minds want to get into this field so that they can secure their secured future.  Because of this the race to get into best management colleges in india has increased many folds and thus the competition is tough day by day. So, that ways it ensures the continuous progress and development.