INDIAN ASSOCIATION OF AUTONOMOUS BUSINESS SCHOOLS!
Indian Association of Autonomous Business Schools (IAABS) came into being in the year 2014 based on a felt need for founding an association to represent the PGDM (post Graduate Diploma in Management) institutions exclusively. as the existing associations were not totally focused on PGDM school needs. The founding team was drawn from some of the best non-IIM PGDM institutions in the country. IAABS is committed to represent the PDGM schools primarily as independent, ethically driven institutions of high quality capable of self-regulation promising total transparency in admissions, faculty compensation and facilitation. Calling for PGDM institutions to become members of the association. An AGM was held on December 30, 2021 to elect the new leadership team for the IAABS. Dr. Pramod Kumar – President of ISB&M for the position of President and Prof Pramod P. Thevannoor is the Vice Chairman of SCMS Group of Educational Institutions, Cochin will continue as Vice President and Dr. Suresh of XIME Bangalore will take over as Treasurer for the Association. Names of Shri Rahul Dasgupta of Globesyn Kolkatta Dr. Durga Prasad, Director of Vignana Jyoti Institute of Management VJIM of Hyderabad Dr. C Babu, Director Durga Devi Saraf Institute of Management Mumbai and Dr. SP Ravindran were recommended as members of the Executive Committee.
INVITING PGDM SCHOOLS TO JOIN AS MEMBERS OF IAABS!
The government of India has announced the New
Education Policy 2020 that has proposed drastic changes in the education system and has paved the way for dismantling the University Grants Commission UGC and the All India Council for Technical Education (AICTE) and allows the international investments in education. It also proposes a four-year multidisciplinary undergraduate programme with multiple exit options, and discontinuation of the M Phil.
Accreditation, key to NEP
The entire Education structure from schools to colleges under the New Education policy is anchored around Accreditation which is going to be used as the only instrument to management high quality in education process. The proposal is to set up "An effective quality self-regulation or accreditation system will be instituted for all stages of education including pre-school education - private, public, and philanthropic - to ensure compliance with essential quality standards" NEP states.
> By 2032, all degrees can be given by accredited type 1 to 3 institutions*
> New accreditation agencies to accredit all HEIs in 5-7 years
> By 2030 all HEIs have to compulsorily have accreditation
> All accredited institutes will get graded autonomy within next 2 to 3 years
*Type 1 : Research institutions Tye 2: Teaching institutions & Type 3: Colleges
UGC Guidelines for Internationalisation of Higher Education
UGC has announced for reaching changes in the policy for Internationalisation of Higher Education which may have profound impact on the working of PGDM institutions. The policy meant to bring international curriculum, research collaborations and twinning programmes among other things effectively opens up the market for greater competition for PGDM schools. In a positive sense, this also means newer avenues for growth for the genuinely striving PGDM institutions. The Full document is in this link
IAABS presented at 13th IAC 2020 on 7th November
Prof Bigyan Verma, president of IAABS and Dr Nandagopal its secretary presented the views of IAABS at the 13th International accreditation Conference of SEAA opening on Nov 5-7 (online) Details are in www.seaastandards.org.
Prof Joe Philip, Chairman of XIME had provided the Keynote to the conference.
NIRF National Institutional Regulatory Framework NIRF has just announced its 2020 rankings. The details of the management school listing can be available in this link. Please send in your comments about the listing!
Historically institutions that were not affiliated to any centrally sanctioned university were not allowed to issue degree certificates, that included the Indian Institutes of Management (IIM). This gave rise to the practice of the IIMs and other independent business schools issuing diploma instead of degrees and get these 'approved' by Association of Indian Universities (AIU) as being 'equivalent' to MBAs.
This convoluted system is almost given up with the passing of the IIMs Act in 2018 and also redefinition of autonomy accorded to the other PGDM schools. The result is that now IIMs can issue their degree even though others in the private sector continue to give their PG diplomas operating however, with greater autonomy than before. The relevance of PGDM and the establishment of their rights continues and so does the work of IAABS.
Will the B-schools continue to remain
in the online mode?
IIMs Calcutta set the ball rolling by announcing that the 2022 batch will also go online which was followed by IIM Kozhikode, Rohtak and Amritsar. All the rest of the IIMs are also to follow.
As of now all the PGDM schools are conducting classes online and the trend is likely to continue for another academic year. Now the question is whether there would be a permanent shift to online mode in the for seeable future. Send your opinion to iaabs2021@gmail.com
Nine declared as Institutions of Eminence
The Government has announced nine institutions of eminence giving near full autonomy to decide on their admissions fees collaborations.
The institutions of Eminence would be free to admit additionally foreign students on merit subject to a maximum of thirty percent of the strength of admitted domestic students. The institutions of Eminence would be free to fix and charge fees from foreign students without restriction. The institutions of Eminence would have the freedom to determine the domestic student fees, subject to the condition that no student who gains admission should be turned away for lack of finance. more
Indian School of Business ISB’s PGP at #4 in the Asia Pacific region in Bloomberg Businessweek Best B-schools ranking 2019-20
Memorandum submitted to HRD Ministry on New Education Policy!
Indian Association for Autonomous business Schools (IAABS) had submitted a memorandum to the Ministry of HRD on the outcome of the Kasturi Rangan Committee on New Education policy, primarily asking for giving greater scope for the Business education in the proposed New Education Policy. The Association while welcoming the scrapping of the affiliation system of universities, the erstwhile MBA colleges be merged with the PGDM institutions for better quaity (more)
Become a Life or Annual member of India's first & only association exclusively representing the PGDM B-schools!
Join the Indian Association of Autonomous Business Schools (IAABS), the first and only exclusive association representing the interests of the Post Graduate Diploma in Management (PGDM) schools in the country!
The ISB’s Post Graduate Programme in Management (PGP) has been ranked #4 in the Asia-Pacific region announced today. Bloomberg Businessweek ranked 131 business schools around the world to find the best programs to get an MBA .The list is based on the data compiled from more than 9000 students, 14,920 alumni and 2860 corporate recruiters, and compensation and job-placement data from each school.
IAABS gets new team
Indian Association for Autonomous Business Schools has elected a new set of office bearers in its Annual General Body Meeting held in Bangalore. Dr Bigyan Verma Director of SIES School of Buisness (SIESCOMS) Navi Mumbai is now the President of the five year old Association exclusively representing the Post Graduate Diploma In Management (PGDM) B-schools of India. Following are the office bearers of the Association More
SP Jain Institutes Hall of Fame for PGDM competition winners
S P Jain Institute of Management, Mumbai has instituted a Hall of Fame for students who won accolades at the various industry competitions that included Tata Sons, L’Oreal, Nestle, Procter and Gamble etc., See external Link
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