The Karnataka Association of Autonomous Business Schools (KAABS) and the Xavier Institute of Management & Entrepreneurship (XIME) conducted a one day hybrid workshop to explore the creative alternatives to help the PGDM institutions in the light of the New Education Policy 2020 being implemented vigorously by the Government of India. The conference was held on December 15 at Bangalore campus of XIME which was attended by the AICTE Chairman, Prof Anil Sahasrabuddhe.
The Conference is convened to coincide with the Annual Meeting of the Karnataka Association of Autonomous Business Schools (KAABS). An important subject for consideration at the Conference is how PGDM institutions should adapt themselves to the new NEP.
Of vital significance to PGDM Institutions are the following:
1. There will no more be ‘stand-alone’ institutions. Even IITs have to change.
2. Nor will there be sectional or sectoral universities – only multi-disciplinary universities.
3. All stand-alone Institutions must convert themselves into:
i) Multidisciplinary Universities. The Report elaborates on what a “Multi-Disciplinary University” is: University, worldwide, means a multidisciplinary institution of higher learning that offers undergraduate, graduate, and Ph.D. programmes, and engages in high-quality teaching and research. The present complex nomenclature of HEIs in the country such as ‘deemed to be university’, ‘affiliating university’, ‘affiliating technical university’, ‘unitary university’ shall be replaced simply by ‘university’ on fulfilling the criteria as per norms.
4. The other options to a PGDM Institution are:
i) Become part of a multi-disciplinary university as an integral part of the same.
ii) Work towards achieving the status of an ‘Autonomous Degree Granting College’, or
iii) Become part of a cluster of Institutions. The Characteristics of this category are not elaborated.
THE ADAPTIVE PGDM: PGDM has a history of 60 years, starting with IIM Calcutta in 1961. This was in the context of the Governmental policy decision that IIMs would be stand-alone institutions offering PGDMs and not MBAs. Many other institutions followed suit. XLRI was one of the earlier ones to have its PGDM recognized by the All India Board of Management Studies (AIBMS) in1968. Many others like MDI, SPJain, IMT, IMI, TAPMI, LIBA etc., followed. Today, there are about 350 PGDM Schools most of which figuring prominently within the first twenty percent of the 3500 Management Schools in the country. A distinctive feature of the PGDM programmes all these years, known across the world through their accomplished graduates, has been their agility in adaptiveness.
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