Employability Skills Required for Functional Areas of Management

Colleges and universities have many stakeholders, including students, parents, employers, public officials and community leaders, as well as the general public that has come to see higher education as both a commodity and a public good. Each stakeholder has their own views on management education, and its implication towards employability and other offerings of it. This study has attempted to understand the perceptions of students, the faculty and employers towards requirement of employability skills with respect to each functional area of management. The study revealed that there is definitely dissimilar priorities of skills and personal qualities requirement with respect to functional areas of management. The perceptions of students, the faculty and employers towards employability skills for entry-level employment are similar in nature in the functional area of Financial Management (FM), whereas they are not uniform in the case of Marketing Management (MM), Human Resource Management (HRM), Production Management (PM), Information Technology (IT) and Systems Management.