bangalore we desperately need skillbased education to prepare our country for the future management education is a responsibility in this direction stated kiran mazumdar shawthe biocon cmd on monday inaugurated an mba programme of the amruta institute of engineering and management sciences aiems the twoyear mba programme which costs rs 1 lakh is aimed at making students industry readyaccording to shaw future entrepreneurs and leaders need to create jobs and not become job seekers for that one needs to innovate by seeking new knowledge upgrading skills and not accepting conventional methods she saidshaw stated that management education has a huge role to play to solve the challenges of the country such as infrastructure health care and education and the solutions developed 50 years ago wont work today even though indias education sector is estimated at 40 billion and about 300 new business schools will come up over the next four years few management graduates get selected through campus placements because they are not industry readyaccording to jagdish bapat member governing council at aiems and head of people function at azim premji foundation the mba programme will be on a par with the best giving them the wherewithal to compete in the global arena the graduates may be technically sound but we will hone them with new skills required by the industry bapat addedaiems stated that various industry leaders entrepreneurs and faculty from top bschools will come as guest mentors to make students industry ready as part of creating awareness a free workshop for aspiring students was also held highlighting the advantages