Implementing Experiential Learning Strategies for Enhanced Business Education in India: Challenges and Opportunities

Abstract

This paper explores the challenges and opportunities associated with implementing experiential learning strategies to enhance business education in India. Experiential learning, characterized by hands-on, interactive, and practical approaches, is increasingly recognized as vital for developing skills and knowledge relevant to the dynamic business landscape. However, several challenges hinder its effective integration into the Indian business school curriculum. These challenges include resource constraints, resistance to change, curriculum limitations, and faculty readiness. Despite these challenges, there are numerous opportunities to leverage experiential learning methods effectively. This includes adapting pedagogical approaches such as case studies, simulations, internships, and project-based learning, as well as integrating technology to enhance learning experiences. Additionally, fostering student engagement, providing faculty development and support, and emphasizing the impact on employability and industry relevance are essential aspects to consider. By addressing these challenges and capitalizing on opportunities, Indian business schools can successfully implement experiential learning strategies, thereby better preparing students for the demands of the modern business environment.