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ISB Not Eligible To Offer Mgmt Education

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ISB Not Eligible To Offer Mgmt Education

Postby admin » October 27th, 2012, 6:26 pm


ISB not eligible to offer mgmt education

43 Institutes, Including 6 Engg Colleges, On AICTE’s List Of ‘Unapproved’ Institutions

Hyderabad: As many as 43 colleges from the state were listed under the ‘unapproved’ category of All India Council of Technical Education (AICTE) on Friday. Among the big names that have figured on the list are the Indian School of Business, Badruka Instituteof Foreign Trade, Indian Institute of Planning and Management and CYGMAX Instituteof Management Studies(partof ICFAI university, Tripura). Officials at ISB said AICTE doesn’t approve any one-year programmes which it offers, but that hasn’t affected the school’s functioning.

Most colleges in the list are management schools apart from six engineering colleges that too have featured in it. As per AICTE norms, the 43 educational institutions will not be allowed to take fresh admissions and also the degrees granted to the existing students will be considered invalid. As per the state’s department of technical education, which was updated with the list on Friday, most of the colleges, including ISB, had not approached AICTE for approval in the first place. Most institutions are running one-year management programmes which are not approved by AICTE. Officials maintained that this has been a recurring issue year after year. “All that the institutions need to do is approach AICTE with a proposal for approval,” said Ajay Jain, commissioner, technical education.

Meanwhile, ISB officials said that their management programme was one of the best in the country which has gained popularity over a decade and an AICTE stamp does not hold much value to them. “Ever since its inception in 2001, ISB has been running a one-year management programme. While over the past few years other institutions, including IIMs, have emulated this model, AICTE has been maintaining that they do not approve of oneyear management degrees. We have been in touch with the AICTE officials, but we have got a global accreditation called AACSB,” said an ISB spokesperson. The AICTE list might not affect the admissions in most of the listed institutes as almost all of them have completed their admissions for the year. The department of technical education maintained that none of the colleges which were part of the Eamcet and Icet counselling were listed by AICTE.

However, observers said that 18 of the institutes listed are those which need to take affiliation from various universities in the state. “Most of the listed institutes charge Rs 2-3 lakh as tuition fee per year. Criminal cases can be booked against them for being fraudulent entities. But the state government has not been taking a proactive role in booking cases against these institutions,” an official rued.
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