The conventional education system, consisting of schools and universities, is facing growing calls for a significant upgrade. While the main reason for pursuing education is to acquire academic and professional knowledge in order to secure employment, the current system is not always providing the necessary tools for individuals to achieve financial independence and manage their mental and emotional well-being.
The unemployment rates and disparity in incomes is enough to show that the education system has failed miserably in preparing the young minds for the employment sector. However, despite being in such a situation, there are a few people around the world who are working towards bringing in curative solutions to the existing problems in the education system. One of them is Indian-Australia based Entrepreneur Ron Malhotra.
While shedding a light on the subject Ron Malhotra said the education system primarily focuses on the development of IQ, neglecting the importance of EQ, resulting in generations of professionals who are unable to understand and manage their own emotions, and navigate relationships in social settings.
"Furthermore, many people lack a sense of purpose and meaning in their lives, as they are not clear on what inspires them and provides them with fulfillment. As human beings seek meaning, it is essential that the education system addresses this aspect of human nature. In response to fixing these problems, we have developed a number of programs. The MBA of Success is a program that enables professionals to understand the unique blueprint relating to their own purpose. It helps them to find their passion, helps them build values and their strengths and at the very core of it find their zone of genius." Ron said.
While speaking about the MBA of Success Program Ron Malhotra said, "In addition to the MBA of Success, we have developed the Future Millionaires Academy, which complements the conventional education system by providing tools of money management, risk management and wealth creation to enable professionals to utilize their income to create financial assets for themselves."
When combined with academic and professional education, the MBA of Success and Future Millionaires Academy programs provide individuals with a holistic approach to developing themselves in all aspects of life. It is essential for the traditional education system to evolve to include these missing elements to better meet the needs of students and the workforce in today's rapidly changing world.