IIM Act: Diplomas or levels? IIMs in a repair over shift

Written via Ritika Chopra
| New Delhi |
Up to date: February 11, 2018 6:48 am

The IIMs are in a place over whether or not the batch of scholars graduating this yr will have to get a postgraduate degree in control (PGDM) or an MBA level. (Picture for illustration)

The Indian Institutes of Control (IIMs) are dealing with transition problems as they make the shift from granting diplomas to awarding levels. The premier industry faculties are in a place over whether or not the batch of scholars graduating this yr — they enrolled a lot ahead of the IIM Act got here into impact ultimate month — will have to get a postgraduate degree in control (PGDM) or an MBA level.

A piece of scholars at IIM-Lucknow have demanded that they be given diplomas at their convocation rite this yr, prompting the institute director to method the federal government for a rationalization. On the middle of this predicament is a longtime marketplace belief that values a PGDM greater than an MBA level. Through the years, a PGDM has develop into applicable, or even a emblem, on account of the IIMs.

Chatting with The Sunday Specific, IIM-Lucknow head Ajit Prasad showed that he has written to the HRD Ministry and is looking forward to its answer on whether or not the institute can grant diplomas to the scholars. Requested why scholars need a PGDM over some extent, he stated, “They had been admitted for a PGDM. They’ve been tested for a PGDM. So (they would like that) we will have to give a PGDM.” He, then again, didn’t elaborate on what number of within the outgoing batch are in favour of receiving PGDM.

Whilst IIM-Lucknow has approached the federal government, others, similar to IIM-Bangalore and IIM-Calcutta, are set to take a choice on the subsequent assembly in their Board of Governors (BoG). IIM-Bangalore director G Raghuram stated the institute is having a look in any respect conceivable answers, together with giving scholars the choice of receiving both a degree or level. The overall resolution, he stated, can be taken via the BoG.

“The Act allows us to begin awarding levels from this yr itself. Alternatively, scholars could be given the number of receiving the PGDM or the level since after they joined the programme, they joined for a PGDM. We’re within the strategy of taking a choice in this. We’ve consulted our school and we also are talking to different IIMs to formulate an opinion. I’ve to take this topic to the Board,” Raghuram advised The Sunday Specific.

He, then again, clarified that the verdict can be restricted to the 2 batches of scholars who enrolled ahead of the Act got here into impact, and that each one scholars in quest of admission from this yr will simplest be awarded some extent.

The BoG of IIM-Calcutta could also be set to fulfill quickly to come to a decision in this factor, amongst different issues, stated the institute director, Saibal Chattopadhyay. “It’s a criminal topic. We need to see whether or not, legally, we will be able to award levels for a programme that used to be marketed as a PGDM path,” he stated.

The IIM Act used to be handed via Parliament on December 20, 2017. The legislation makes each and every of the 20 IIMs an ‘Establishment of Nationwide Significance’, just like the IITs, NITs and AIIMS. In different phrases, it empowers them to grant levels to scholars.

Previous, all IIMs had been separate our bodies registered beneath the Societies Act. Since societies aren’t approved to award levels, scholars admitted to their Grasp’s programme are given a PGDM. In a similar way, the ones pursuing doctoral research are awarded the identify of a ‘Fellow’ on the finish in their analysis.

Even if the PG degree and ‘Fellow’ identify are recognised via the Affiliation of Indian Universities and the HRD Ministry as being identical to an MBA and a Ph.D level respectively, the equivalence isn’t universally accredited, particularly for the Fellow programme, which brought on the federal government to conceive the Act.

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