The world of management is changing dramatically due to various forces of global competition, the country's economy, innovations and advancement in technology. This has greatly impacted, not only the market, but also the education sector. Management education in India is hardly 50 years old. It began as a part-time education for practicing executives. The present research paper is an attempt to find out the reasons for the mushrooming growth of management education in Haryana and to analyze its impact on quality. Haryana has a network of educational institutions; there are presently four universities in the state. The Maharshi Dayanand University (MDU) at Rohtak, Kurukshetra University at Kurukshetra, Guru Jambheshwer University of Science and Technology at Hissar and Chowdhary Devi Lal University at Sirsa are exclusively for the promotion of technical education and management studies in Haryana. A good number of affiliated colleges/institutions under the MDU at Rohtak and Kurukshetra University at Kurukshetra are also offering MBA programs. The objectives of this paper are to analyze the key reasons for the increase in the number of management educational institutions; to examine the interrelationship between the increase in the number of management educational institutions and the quality initiative adhered to by these institutes, as per the guidance of statutory bodies like AICTE, UGC, NBA, etc.; and to study the experiential knowledge of mushrooming growth and its practical implications.

The world of management is changing dramatically due to various forces of global competition, the country's economy, innovations and advancement in technology. This has had a major impact, not only on the market, but also on the education sector. Information Technology (IT) is playing an active role in business, industry, financial institutions, academic institutions and even in the government. The advancement in IT, Internet and e-commerce is changing the way of doing business throughout the globe. The world is shrinking to a global village. Therefore, there has been a realization, by organizations and individuals, that mere professional qualifications or functional skills are not enough in a business environment, where there is the need to take an integrated, and increasingly global view of how a decision in one business discipline may impact othersexactly what is taught in business schools. The MBA programs of business schools reflect the needs and realities of business and industry. These courses are well-designed to make individuals more professional and functional in management. Nowadays, MBA has become the corporate mantra for success.

`Management Education Worldwide' is a 20^th century phenomenon, focusing on business administration. At the end of the 20^th century, management education also included the management of government, management of public system, management of agriculture, management of education system, etc. The purpose of management education since the beginning of the 20^th century has been to enable organizations to apply knowledge to improve their efficiency and effectiveness.

Mushrooming Growth of Management Educational Institutions and Its Impact on Quality, Study of Haryana, Maharshi Dayanand University, MDU, Internet, e-commerce, Training Within Institute, TWI, Faculty of Management Studies, FMS.