Analyzing the assessment methodology of business schools: an empirical investigation

Abstract

Effective assessment of teaching and learning has become a major issue for higher education all over the world. Effective assessment methodology helps the management universities to upgrade their pedagogy and course curriculum according to the requirement of stakeholders and market competitiveness. Effectiveness in assessment is generated by the mutual agreement of students, faculty and management on applied assessment methods. This research analyses the existing practices and compares it with the perceived approach of students, faculty and management towards assessment methodology in teaching and learning. This paper tries to explore the gap between plasticized and desired assessment methodology. The study develops an estimate of 300 cases, includes 50 faculty, 50 management and 200 students of management universities of Lahore Pakistan. The study collects data through stratified random sampling of six schools including private and public sector on a self-constructed research instrument. Scale is developed with the help of literature, expert opinions, consultation with academicians and students and validated through pilot testing. Various statistical tools are applied using SPSS statistical package and results are developed. The findings of research may help the management of business education institutes to reconsider their applied assessment methodology and design it according to the recommendations of respective stakeholders. The paper also suggests managerial implications and explores future avenues for research