India, Aug. 11 -- Having spent more than five decades in the field of management education-serving, observing, and learning alongside students, faculty, and academic leaders- I have had the privilege of being a part of its remarkable journey in India. From the early years of institution building to today's rapidly evolving, technology-infused classrooms, management education has constantly adapted to the aspirations of a changing society and the demands of a dynamic business world.

Today, we stand at an exciting yet complex crossroads. The language of the MBA classroom is infused with terms like artificial intelligence, business analytics, fintech, sustainability, digital transformation, and entrepreneurship. This reflects a welcome open...