Govt's proposal on IIM-MBA Bill opposed by top management institutes
The first Indian business school summit was recently organized by the Indian Association of Autonomous Business Schools (IAABS). This summit was held to discuss the divulgation of the IIM-MBA Bill and some other important issues of b-schools.
This conference was held at XIME Campus, Bangalore in collaboration with Karnataka Association of Autonomous Business Schools (KAABS) and continued from October 9 to October 10, 2015. “Heralding a New Era in Management Education in India” was the theme of this conference. Fr. E Abraham S.J., Director, XLRI - Xavier School of Management and President of IAABS was the chairperson of this conference.
During the conference, Fr. E Abraham S.J. said, “Of late, considerable concern has arisen among private, autonomous PGDM schools in regard to the possible promulgation of the IIM Blll – 2015. In this context, many private PGDM schools have been examining the possible ramifications if IIMs are allowed to grant MBA degrees. Based on a series of interactions amongst many of the reputed private institutions from the PGDM system, we felt the need to organize the Conference of autonomous B-Schools (particularly PGDM) to discuss some important related issues”.
Recently, the central government had rejected the appeal of Education Promotion Society for India (EPSI). EPSI represents a group of 300 Indian management institutes. An appeal by EPSI, to let them offer MBA programme, was rejected by the central government. At present state operated IIMs and autonomous management institutes such as BIMTECH- Greater Noida, XLRI- Jamshedpur and MDI- Gurgaon among others are offering Postgraduate Diplomas in Management (PGDM).
“While we have no special view on the Government’s initiative to give degree granting rights to the IIMs, it should not in any way adversely affect the operation of the PGDM schools, which have served the nation so eminently and eloquently all these years. The PGDM schools have given to Indian Management Education, quality, respectability and innovativeness. They are in a way at the vanguard of Indian Management Education. The employability of PGDM graduates would at least be twice as much as that of MBA graduates from the university system. This distinctive contribution of the PGDM schools must be recognized”, said Prof. J. Philip, President XIME & Former Director IIM-B.