In recent years, the field of management education has witnessed several transformations. The advent of technology and the digitization of various processes have brought about a significant shift in the way management education is delivered. With the National Education Policy (NEP) 2020 in place, the focus is now on aligning the agenda of management education with digitization and global practices. This has given rise to what is being referred to as Management Education 5.0. Management Education 5.0 is essentially a new approach to management education that emphasizes the integration of technology, digital tools, and global best practices in the learning process. It is a paradigm shift that seeks to bridge the gap between traditional management education and the evolving needs of the industry.

One of the key aspects of Management Education 5.0 is digitization. With the NEP 2020 emphasizing the use of technology in education, it is imperative that management education also embraces digitization. This means incorporating technology in the classroom, such as the use of digital whiteboards, online learning platforms, and video conferencing tools, to enhance the learning experience. It also means leveraging the power of data analytics and artificial intelligence to provide personalized learning experiences to students.

Another important aspect of Management Education 5.0 is the emphasis on global best practices. In today's globalized world, it is essential for management graduates to have a deep understanding of international business practices and cultural differences. Management education 5.0 emphasizes the importance of global exposure, which can be achieved through student exchange programs, international internships, and collaborations with international universities. This will help students develop a global mindset and prepare them to work in a globalized business environment. In order to achieve the goals of Management Education 5.0, it is important for management institutions to adopt a learner-centric approach to education. This means placing the needs of the learner at the center of the learning process and designing programs that are tailored to meet their individual learning styles and needs. It also means providing students with opportunities to develop critical thinking, problem-solving, and communication skills, which are essential for success in the workplace. Another important aspect of Management Education 5.0 is the emphasis on entrepreneurship and innovation. In today's fast-paced business environment, it is essential for management graduates to be innovative and entrepreneurial. Management education 5.0 places a strong emphasis on fostering an entrepreneurial mindset and providing students with the tools and skills they need to launch and run successful businesses.

To achieve these goals, management institutions must embrace a collaborative and interdisciplinary approach to education. This means breaking down the silos between different disciplines and fostering collaboration between students and faculty from different backgrounds. It also means incorporating real-world case studies and projects into the curriculum, so that students can apply their learning to real-world business challenges.

Finally, Management Education 5.0 emphasizes the importance of continuous learning and upskilling. In today's rapidly changing business environment, it is essential for management graduates to be adaptable and constantly upgrading their skills. Management education 5.0 emphasizes the importance of lifelong learning and provides students with the tools and resources they need to stay up-to-date with the latest trends and developments in their field.

In nut shell, Management Education 5.0 is a paradigm shift that seeks to align the agenda of management education with digitization and global best practices. It emphasizes the importance of digitization, global exposure, learner-centric education, entrepreneurship and innovation, interdisciplinary collaboration, and continuous learning. ANEPDGP-2023, Two-day International Conference is a joint effort of Zakir Husain Delhi College (Evening) and GL Bajaj Institute of Management and Research. PGDM Institute to understand this new approach to education and prepare the budding graduates for success in the globalized and digitized business environment of the future. ANEPDGP-2023 aims to provide a global platform to the academicians, researchers, corporate strategists, industry practitioners, policymakers, regulatory authorities and NGOs, to facilitate the discussion on sustainable management practices pertaining to technological innovation & development in Marketing, Logistics, Supply Chain, E-Commerce, Financial Management, HR Management, Operations Management, HR Analytics and Business Analytics.