Published : Thursday, 21 May, 2015 13:33 PM
Interactive meeting of Deans, Directors and Chairmen of self-finance PGDM institutions convened by the EPSI on 20th May, 2015 at IHC, New Delhi was attended by 50 management educators drawn from Mumbai, Pune, Ranchi, Hyderabad, Chennai, Manipal, New Delhi, Noida, Greater Noida, Ghaziabad, Gurgaon, Lucknow, Jaipur, Indore etc.
After two hours long deliberations, it was resolved that under the aegis of the EPSI, PGDM institutions will demand to MHRD for providing ‘level playing field’ with IIMs in wake of the IIM Bill, 2015 proposed by the MHRD. For the last 50 years, 300 PGDM institutions are contributing to the national economy by producing one lakh talented managers every year. In teaching, research, consultancy, executive training, these self-finance institutions are competing with IIMs. In all leading rankings of B’ Schools, 75 to 80 per cent rank positions are occupied by PGDM institutions.
Directors, deans and chairmen of PGDM institutions have expressed their apprehension that after passing of the IIM Bill, 2015 in coming monsoon session, PGDM institutions will face crises of identity. Outside and inside India, there will be doubts about credibility, validity and acceptability of these programmes among recruiters, admission seekers and foreign universities.
Dr H Chaturvedi, Alternate President, EPSI and Director, BIMTECH has said that all out efforts will be made during the next one month to convince MHRD about granting degree conferring power to PGDM institutions. MHRD can think of granting Deemed to be university status to all those PGDM institutions which fulfill the criteria for getting this status.
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