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Synopsis Management education is in great demand especially after the change towards liberalization, privatization and globalization. There are several challenges of management education which require change in the character and structure of management education with corporate sector, upgradation of curriculum and course content, designing of different programs for executives, maintenance of an efficient and effective regulatory system to check mushrooming, and emphasis on research. India being the part of global linkage in the aftermath of WTO agreement is becoming a technology driven society. Nearly one lac management graduates pass out every year in India, providing a tremendous potential to contribute to the creation of a ‘knowledge society’. There is also a need that our dependence on foreign literature and techniques should be minimized and management teaching and thinking should be based upon practical experiences deriving strength from Indian ethos. Management education need to be made value based, rather than money based. India is facing a crisis of quality management education. As compared to international standards the Indian management institutions (with a few exceptions) are far behind. There is a need to fill this gap. This book on “Quality of Management Education: The Challenge of Changing Scenario” will be of great use to managers, executives, industrialists, students and scholars of business management, commerce and planners and policy makers. The book consists of several articles, relating to Management Education in India: The Changing Scenario; Industry and Academia Interface; Teaching and Evaluation in Management Education; Developing Competence of Management Teachers: Management Education and Upgradation of Students Skills; Management Education and Indian Ethos.