Business Management is all about business and organisational activities that comprise the act of co-ordinating the efforts of people to accomplish desired goals and objectives using available resources efficiently and effectively.
Management comprises of planning, organising, staffing, leading or directing, and controlling an organisation or effort for the purpose of accomplishing a goal. Resourcing encompasses the deployment and manipulation of human resources, financial resources, technological resources, and natural resources.
Over two decades after the establishment of the All India Council for Technical Education, (AICTE) the Supreme Court had corrected a major flaw in AICTE's technical education definition. It declared that the business management studies ought to be part of humanities.
The Apex Court struck down the amendment made to the AICTE Act in 2000 inserting words "MBA and MCA" before Architecture and Hotel Management courses as the amended regulations were not placed on the floor of the Houses of Parliament as required under Section 24 of the AICTE Act.
As per definition of ‘technical education' under Section 2 (g) of the AICTE Act and non production of any material by the AICTE to show that MBA course is a technical education, we hold that MBA course is not a technical course within the definition of the AICTE Act.
However, Master of Computer Applications (MCA) fell under the technical education category, but for regulating the course, the role of AICTE is advisory.
Moreover, the court also ruled that the AICTE did not have any control and supervision over affiliated colleges of their respective universities. The applicability of bringing the university as defined under clause 2 (f) of the UGC Act includes the institution deemed to be a university under Section 3 of the said Act and, therefore the affiliated colleges are excluded from the purview of technical institution definition of the AICTE Act.