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AICTE Bifocals On Indian School Of Business. Why?

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AICTE's Prime Vision On ISB. Why?
Most of the leading business/management schools may not have much value when compared to the other following schools. As recently known, AICTE (All India Council for Technical Education) had blacklisted ISB under the unauthorized list.

The institutes like ISB (Indian School of Business) in Hyderabad, and GLIM (Great Lakes Institute of Management) in Chennai have secured a high valued names not just in India but also outside the country. But still, they are under the AICTE's Unauthorized list. Why?

Among them institutes like ICFAI, Indian Institute of Planning and Management, Amity Business School and ITM were also listed by AICTE.

However, these institutions do not look to be much worried about this issue. As ISB Official response to being in the unauthorized list says "ISB's one year postgraduate programme does not fall under the ambit of AICTE's current regulatory mechanism for business schools and hence we have not sought approval. The students are fully aware of the credentials of the course, which is targeted at mid-career professionals. Student interest, the institute's reputation and how recruiters review our students performance has not been affected".

And its strange to know that the Great Lakes Institute of Management (GLIM) to be listed in both the authorized and unauthorized list as well.

Arks Srinivas, CEO of coaching centre- Vista Mind said "Institutions such as ISB did not wart to get involved with AICTE norms as they were restrictive in terms of curriculum and infrastructure. Management curriculum is always changing, and AICTE does not have the wherewithal to keep changing it accordingly".

AICTE's list consisted of 126 institutes in Maharashtra, 65 institutes followed by Delhi, 43 by Andhra Pradesh and 11 in Tamil Nadu. AICTE has said that, unless the institutions apply for fresh approval and meet all the conditions, it will initiate penal civil or criminal action against the defaulting institutions, societies, trusts, companies or any individuals associated to it.

So, What next? Will these institutions come forward to meet up AICTE norms? For more updates keep visiting.

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