The Importance Of Education In Higher Education

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Higher education is a major contributor to the growth of the economy, improvement of the society and increase in the quality of intellectual capital. Constant changes in the business environment, upgradation of information technology and changing demands of customers has influenced the approach to business activities. This has created an increased demand for efficient MBA graduates from Business schools. The responsibility of preparing the students for their career rests on the faculty members. The quality of teachers is an important strength for a Business school and this is based on the competency of the faculty. Competency is a combination of knowledge, skill and abilities that help the faculty in performing his or her duties successfully.…show more content…
Successful teachers are able to concurrently use knowledge and skill in a purposeful framework to facilitate student learning. Factors that contribute to pedagogic knowledge of faculty include subject knowledge, pedagogical content knowledge, knowledge of teaching and learning, knowledge of curriculum, knowledge of students and their characteristics, educational context knowledge and knowledge about classroom management. To be efficient in teaching faculty can update their knowledge by reading text books and journals, by attending faculty development programmes, interaction with experts and resource persons, by attending seminars and…show more content…
Correlation is used to explore the relationship between knowledge and skills, skills and abilities and knowledge and abilities. Factor Analysis is used for examining patterns of relationship amongst the number of variables of interest (Y1,Y2,Y3......Yi) and grouping them to linearly related smaller number of unobservable factors (F1, F2, F3......Fi ). In this study Factor Analysis is used as a data reduction method and aims at grouping original input variables into factors that underlie the input variable of the study namely, knowledge, skills and abilities. As a technique of analysis, Discriminant Analysis was used to find linear combination of variables that discriminate between categories of dependent variables in the best possible manner. In this study Discriminant Analysis was carried out to classify the members into two distinct well defined groups, namely superior and average performers. Discriminant Analysis was used to build a predictive model for group membership. This model is composed of a Discriminant function based on linear combination of predictor
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