MBA Admissions 2020-21

MBA Admissions 2020-21

Business schools likely to get more autonomy

PUBLISH DATE 10th December 2017

XLRI, SP JAIN, MDI MAY GET BIGGER SAY IN ADMISSIONS, FEES, CURRICULUM. SCHOOLS WILL BE ASSESSED ON A SET OF CRITERIA AND GRADED ACCORDINGLY

India’s top private business schools such as XLRI, Jamshedpur, SP Jain Institute of Management and Research, Mumbai, and MDI, Gurgaon are likely to get a bigger say in admissions, fees and curriculum with the government planning to grant more freedom to them to do so in a move that is both a recognition of their performance and an enabler to help them do even better.

The All India Council for Technical Education (AICTE), the regulatory body for technical education in the country, is likely to meet later this month to take a call on the exact nature of the autonomy the institutions, most of which offer a post graduate diploma in management (PGDM), should be given. There are about 400 such business schools in the country, and a handful of them are comparable to the older Indian Institutes of Management or IIMs.

AICTE officials said the business schools will be graded A, B and C after assessing them on a set of criteria, including leadership, teaching, learning, graduation outcomes, research, executive education, consulting and learning programmes, accreditation, and internationalisation and outreach programmes. The degree of autonomy they get will depend on their grades.

“A PGDM institute that gets A grading might be given the utmost autonomy,” said an AICTE official on the condition of anonymity.

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