New Delhi: The All India Council for Technical Education (AICTE), the regulatory body for technical education in the country, is coming up with plans to increase the autonomy of the business schools on the lines of admissions, fees and curriculum.
India’s top private B-schools such as XLRI, Jamshedpur, SVKM’s NMIMS and SP Jain Institute of Management and Research, Mumbai are likely to get more freedom as the government aims it to be an enabler to help them do even better as well as for the recognition of their performance.
The council shall meet later this month to decide the exact nature of the autonomy that these institutions should be given. There are about 400 such business schools in the country and most of these institutions offer post graduate diploma in management (PGDM). Handful of them is even comparable to the older IIMs.
As per the AICTE officials, there will be a grading system for the business schools on various parameters like leadership, teaching, learning, graduation outcomes, research, executive education, consulting and learning programmes, accreditation, and internationalization and outreach programmes. The better the grades, more autonomy shall be granted to them.
“A PGDM institute that gets A grading might be given the utmost autonomy. As it is, admissions to a number of institutes are through CAT (the common admission test conducted by the IIMs). If an institute gets A grade, it might be allowed to hold its own examination for all seats or for certain percentage of seats. Those graded B may get autonomy in admission to a fewer number of seats,” said an AICTE official on the condition of anonymity.
After the council’s meeting in December this year, the grading will be done after that. From the next academic session, the AICTE expects to roll out its grades.
Sunil Varughese, the chief brand and sustainability officer at XLRI, welcomed the move, saying that the institute is looking forward to it.
“It will help the institute in starting new courses and going with new fee structure as per the current requirement. Presently, top business schools in the country including XLRI have to get approval from the AICTE for each and every new decision including the introduction of a new course every year. With more autonomy, the institute will be in better position to start courses.”
The autonomy would help the overall cause of quality, an AICTE official explained. Other B schools, such as MDI in Gurgaon, are also likely to benefit.
The scope of autonomy is being worked upon in AICTE along with the nature of incentives. At present, the model curriculum, laid by the council, is being followed by the institutes which make their own syllabus using that.
The University Grants Commission (UGC) of India has also drafted a similar scheme for the universities. Under this scheme, the performance of the universities will be under the scanner as they will be evaluated on quality parameters to determine the level of autonomy granted to them.