Scholarships

The phrase globalization has become widespread and a popular subject matter in any domestic and international discussion in various fields. Higher education is not an exception. Globalization concept generates several implications not only for economic growth but also political and social development inter alia the role of higher education in the development of the nation-state. Thus understanding of this term has made people vis-à-vis policymakers and scholars over the world to respond with the needs and consequences of globalization to the society especially in technology transfer and information technology.

Globalization of higher education is one of the major trends of development in the

academic world. It takes many forms to mention but a few, one is the rapid evolvement

of transnational education, coupled as it is with the advent of new education providers,

mainly on the basis of information technologies. The other is the increased mobility of Staff and students, as well as of study programmes. As a consequence of such new development, the ways knowledge is educationally provided and qualifications awarded tend to become global.

In order to produce information and technology-based society educational system has been forced to change its traditional or local ways in teaching and learning methodology to an international and global ways to produce human resources that durable to new world challenges.

The globalization of the economy requires a different education that enhances the ability of learners to access, assesses, adopt and apply knowledge, to think rapidly and independently, to collaborate to others and other universal characteristics that can foster the economy. In other words, educational system in this new era should be able to produce not only scholar and intellectual but also risk-taker, competitive, technology and information-based society. 

 Further more, it is relevant to mention here the emerging trends of globalization.

•Globalization is not a zero-sum game in which the gains of one side are the losses of the other side.

•Global trade is a revolving door, not one-way PUSH/PULL.

• Both sides gain by Export/Import in a win-win situation.

•US living standards rise because workers are constantly forced out of lower-productivity jobs into higher-productivity jobs.

•Every year US destroys 32 million jobs & creates 32.5 million jobs of higher productivity.

•The net result is a richer, more productive US.

•This should happen in India also, making Indian nation & Indian workers rich.

•A cartoon “Higgletown Heroes” for Disney channel is produced by an all-world supply chain:

•The network of writers is from their homes in Florida, NY, Chicago, LA, San Fran., & London,

•Animation of characters in Bangalore by 8 teams working in parallel with 8 writers,

•Design & Direction from  San Fransisco,

•Recording in NY & Editing from San Fransisco.

FUTURE INDIA

•Today India is one of the fastest growing Democratic Market Economy.

•The famous Goldman Sachs Report (Dreaming with BRICKS: The path to 2050) states that, among Brazil, Russia, India, and China, India will grow fastest over the next 30 to 50 years by leveraging its demographic advantages.

•India’s GDP will exceed Italy’s in 2016, France’s in 2019, Germany’s in 2023, and Japan’s in 2032.

•India will become the 3rd largest economy by 2032.

Amidst this backdrop and having highlighted the significant aspects involved in the challenges of higher education in India in the context of globalization, it is worthwhile to mention in this regard the major reforms to be initiated by the academic planners and the government. The Ten Commandments for Higher education Reforms are as follows:

•Restructuring value system

•Knowledge, a tool for Wealth and Wisdom

•Research for enhancing capabilities

•Intellectual capital development

•Bench marking for best practices

•Governance through participation

•Societal change-agent

•Globalization agent

•Relationship building

•Creating capabilities and competencies

 In a nutshell , it is evinced that lot of home work is required to establish a versatile higher education education system  in order to protect and safeguard the interest of the students community in india.

Dr.R.SRINIVASAN is a Post graduate in commerce and corporate secretary ship . He received his doctoral degreein the Managementfaculty from Alagappa University in 1997. He is now Working as an ASSOCIATE PROFESSORin Post graduate and Research Department of Corporate Secretaryship at Bharathidasan Government College for Women (Autonomous), Pondicherry University, Puducherry.He currently teaches Accounting ,financial management and Research Methodology Subjects. Before Joining BGCW, he was teaching in SNR College, Coimbatore, Sindhi college, Chennai& T.S.Narayanasamy College, Chennai for eight years. He was with the industry for a short term at Salzar Electronics Pvt. Ltd, Coimbatore. He has about 20 years of teaching experience and having research experience of 15 years. His interests are in Accounting and finance, Capital Market, Quantitative Methods. He underwent the Faculty Development Programme at Indian Institute of Management Ahmedabad during 2000-01. He has presented 20 papers in national and international conferences and has published twenty papers in the areas of Finance and Human resource Management in National Journals. Co-authored a book titled, ‘Investors Protection, published by Raj Publications, New Delhi He has delivered lectures in contemporary finance topics at Pondicherry University. He is involved in consultancy projects for Godrej Saralee, Chennai in the areas of Statistical Applications. He has supervised a number of research projects in the area of corporate finance and Human Resource Management. He is the Board of examiner in corporate Secretaryship and Management for the past two decades.
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