Participants during a management pedagogy seminar organised by Kathmandu University affiliate Nepal College of Management (NCM), in Kathmandu, on Tuesday, April 10, 2018. Photo: Adarsha Byanju
KATHMANDU: There is a growing need to review the pedagogy vis-à-vis management and accounting sciences in line with the recent changes ushered by technology and need of the country, experts opined.
Speaking at a seminar organised by Kathmandu University affiliate Nepal College of Management (NCM) on Tuesday, speakers stressed on bringing in a paradigm shift in management pedagogy to tune in the learning processes with the recent trend and global practices.
According to the organisers, the management canvas has undergone epochal changes as more and more companies face disruptions and lower life-span. In this backdrop, innovation in teaching pedagogy will help students and other stakeholders acknowledge the current spate of developments and challenges of fast-changing corporate structure and start-up space in Nepal.
“The seminar focused on current management issues and accounting practices and endeavoured to bring to light the finer nuances associated with the recent developments,” Sujan Aryal, Chief Operating Officer at MIND Nepal said. “The workshop on recent management issues and innovating pedagogy aims at examining renewed trend of consolidation and structural changes with respect to the corporate sphere.”
According to Aryal, MIND Nepal is an evolving institution which has acknowledged the need of the changing times and has pushed itself on a mission to bring paradigm shift in the field of education and training.
Likewise, economists voiced their concerns over lack of knowledge-creation in Nepal’s management institutions.
“The lack of research based pedagogy in management institutions have created difficulties in understanding the Nepali corporate sector and addressing its challenges,” Economist Gyanendra Adhikari said, “there is a growing need to incorporate contemporary management challenges faced by Nepali companies in the study materials handed to the students.”
Similarly, Accounting Expert, Rohit Poudel remarked that the country’s accounting practices and study texts are not in line with the global methods and techniques.
“The methods taught in colleges and techniques implied at public and private institutions must comply with International Financial Reporting Standards (IFRS),” Poudel said. “If we are to realise the motto of prosperous Nepal, and direct foreign investment as well as produce highly resourceful manpower, we must bring paradigm shift in our practices.”
The one-day-seminar saw participation of around 50 directors and faculty members of various management institutions in the Valley.