B-School Events

April 04, 2017 @ 01:15 PM

EPSI convenes meeting to discuss IIM Bill, 2015

Published : Monday, 18 May, 2015 05:32 PM

Education Promotion Society for India (EPSI) has convened an interactive meeting of Chairmen and Directors of all self-financed PGDM institutions on Wednesday, May 20, 2015 at the Jacaranda II, India Habitat Centre, Lodhi Road, New Delhi.  The meeting will start at 2.00 pm.  More than 50 chairpersons and directors of leading PGDM institutions have consented to join the meeting.  The purpose of this national level meeting is to formulate a common strategy for dealing with the repercussion of the proposed IIM Bill, 2015.
ET has reported that the draft bill has already been sent by the MHRD to the Union Cabinet on March 11, 2015. The bill proposes to create an over arching body headed by HRD Minister and Chairpersons and directors of all IIMs as members. It is said that the purpose of The IIM Bill, 2015 is mainly to benefit IIM’s graduates applying abroad for research opportunities and also helping IIMs to attract foreign students.
For all PGDM institutions, being run by private trust or societies, the proposed bill is not a good omen because it will create a very unfavourable situation for these institutions which confer their own Post Graduate Diploma in Management (PGDM). If the IIM Bill 2015 is passed by the parliament, it will put a big question mark on PGDM Programmes. The legal, financial and market validity of PGDM will be in jeopardy.
EPSI has appealed to all PGDM institutions that they should not remain silent and join hands for finding a sustainable solution. The EPSI has always been in the forefront to help these institutions in past and reiterate to take lead on this issue also. 

EPSI proposes few alternatives on which Institutes will have to develop a consensus :

  • MHRD can be requested to provide a level playing field to PGDM institutions for granting them power to confer MBA degree. MHRD can pass a separate bill for this purpose.
  • All those PGDM institutions which are 20 years old or has been accredited by NBA or NAAC can be given degree awarding powers similar to IIMs as proposed.
  • An Indian Management Council (AIMC) should be set up as a regulatory body for Management Education. It can take over current role of AICTE and should act as a catalyst for management education at undergraduate, post graduate and doctoral levels.

The EPSI, before taking any action in this regard, would like to solicit views of PGDM institutions regarding what should be the future of PGDM institutions and how should they pursue this matter with the MHRD?

Stay informed, Stay ahead and stay inspired with MBA Rendezvous

Crucial Dates, You Should not Miss

TAPMI, Manipal
Admission Application closes on January 16, 2018 for 2018-20
BIMTECH, Greater Noida
Admissions open for PGDM Programmes at BIMTECH. Apply Now !
Lal Bahadur Shastri Institute of Management
Admissions are Open at LBSIM, Delhi. Apply Now !
FORE School of Management
Apply for PGDM & PGDM-IB Programmes. Application Deadline is December 22, 2017.
Goa Institute of Management
PGDM Admissions Open at GIM. Apply Before January 5, 2018
Last Date to Apply for MBA (Full Time) Programme at NIRMA is January 09, 2018
XAT 2018
Application Last Date 30th November 2017
IMI New Delhi
Application closes 4th December 2017
XIM Bhubaneshwar
Last Date 8th December 2017
SIBM Bengaluru
Apply for SNAP 2017 to be held on Dec 17 and apply for SIBM-Bengaluru through the SNAP Form
Institute of Rural Management Anand
IRMASAT will be conducted on February 4,2018, Apply Before December 31,2017
IBSAT 2017
Last date for IBSAT registration is December 12 , 2017
Last date to register for SNAP is 24th November, 2017. Last date for SSBF is 2nd January 2018
SIBM Hyderabad
Apply for SNAP 2017 to be held on Dec 17 and apply for SIBM-Hyderabad through the SNAP Form
K J Somaiya Institute of Management Studies & Research, Mumbai
Last date for Application is 31st Jan, 2018
Application for PGDM 2018-20 at SDMIMD is open till February 28, 2018
Institute of Management Technology
Application closes on November 24, 2017
MDI Murshidabad
Application for PGPM 2018-20 at MDI Murshidabad is open till November 24, 2017

Admission Open Now

Following Colleges are accepting applications.


Admissions open for 2018-20

PGDM, PGDM (HRM), PGDM(B & FS), Executive PGDM

Apply Online