Showing posts with label PGDM. Show all posts
Showing posts with label PGDM. Show all posts

Saturday, September 17, 2011

TAPMI is the 20th Best B-School in India per Outlook Survey 2011

Congratulations to all TAPMIans. Please see latest Outlook B-School Rankings Survey results for 2011 here : http://www.outlookindia.com/article.aspx?278323. TAPMI has been ranked 20th best school overall; 9th best in Private Schools and 3rd best in South India next only to two IIMs B and K.

Saturday, January 1, 2011

LPG, Reforms and Management Education!

India, embarked on republic status and planned era immediately after independence in 1947.  Constitution was well drafted by the elders and brought into implementation in 1950-51. Socialistic pattern was also adopted while focussing simultaneously on Agriculture (Primary Sector), Industry (Manugacturing-Secondary Sector) and Services (Tertiary Sector) through the Five Year Plans. Areas were clearly demarcated between Center and State Governments.  Of course, the Constitution was amended about one hundred times in last sixty years for social or political reasons.  Banks and Financial Institutions were either set up or nationalised with a view to take the developmental efforts to the grass roots; but there has been urban and rural divide.

Education is stated to be a State subject.  However, Centre also keeps involving in evolving policies, in particular when concerned about setting up IITs, IIMs, NITs and Central Universities.  In the recent era of reforms in the name of Liberalisation, Privatisation and Globalisation several changes are taking place in the Education sector.  The extent of proliferation of Engineering Colleges needs to be discussed because the Degree Colleges for Arts, Sciences and Commerce have almost been eased out.  Whether we have good infrastructure or qualified teaching fraternity, these mushrooming Engineering Colleges have been started by politicians or ex-people's representatives as an money making mechanism.  And then Government also opened up to set up more and more IIMs, IITs, Private Universities, Deemed Universities in recent years. 

In the space of Management Education, thanks to increasing privatisation there has been uncontrollable proliferation of MBA colleges (or PGDM Institutions) under University System, as also as autonomous colleges.  The regulator has been very liberal (!) in allowing more and more such institutions because private sector has been growing steadily during reforms era and absorbing these management graduates but the question again whether even these institutions have adequate infrastructure like libraries, class rooms, computer laboratories let alone qualified teaching personnel.  Of late, more than twenty business magazines and market research organisations have been carrying out ranking and playing havoc with the aspirants.

And very recently there seem to be some developments that the regulator is toying with the idea of streamlining the large size of MBA colleges or PGDM Institutions particularly those in private hands under the so called autonomous system.  A notification appeared recently that there would be standard duration of 24 months, Admissions procedure, fee structure curriculum, evaluation, etc to be decided by the State Governments concerned or the regulator in the immediate months.  We have got to see how the field shapes up.  All in the name of Reforms!

Friday, May 28, 2010

My exposure to Two B-Schools

After serving in the banking industry jobs for over 25 years and 3 years in a manufacturing cum export company in Hyderabad and elsewhere in various positions, it was a dramatic turn for me to have entered academics in May 1999.  I lived in backward rural areas as also in Mumbai Metro for my banking jobs.  May be my flair for training and long years of experience in management led me to join TAPMI, Manipal. Entering my fortieth year of service, there is enough to look back from so many angles; with almost 50-50 exposure to public and private sector. I feel I have always been learning many things in a hard way and did justice to all the assignments so far.

In the past eleven years itself, during my exposure to two b-schools in Manipal and Bangalore, besides my teaching the MBA students courses like Banking Management, Financial Management, Executive Communication, Accounting, Financial Services, Entrepreneurship, Venture Capital, Retail Banking, Industrial Relations, Business Laws, etc.,  life taught me so many lessons. Quite frequently, my former students keep asking me about the two experiences. It is pretty difficult to pen down but I would scribble some thoughts.

Both are in private sector offering autonomous 2 Years PGDM. That is probably the only similarity.  One is in rural location and other in Metro; one is managed through Faculty Governance and other by a Family Management.  One is over twenty five years old and the other just five years. In one, I was Chairman-Admissions and the other Registrar - rendering my administrative skills besides academic pursuits. They both have different styles of Governing Bodies, Admissions, Curriculum design and delivery, Evaluation Systems, Faculty Recruitment, Service conditions, Placement facility, Student Activities, Alumni Relations, International Exchange mechanism, Web site info management, Focus on Research and Consulting, and so on. Even their approaches to Accreditations with regulators and B-School Rankings are also entirely different.

Interestingly, I had chosen the former even though in a remote location to rejoin and pursue my career further. I keep reminiscing my past in all the Organisations I worked in, and compare them too.  Life is a big leveller and one has to be learning lessons on an ongoing basis with an eye on continuous improvement (KAIZEN).

Wednesday, March 10, 2010

Mushrooming B-Schools in India and Pseudo Ranking Surveys

The first ranking of B-Schools in India in 2010 was carried out by Career-360 (monthly). The researcher physically visited our campus in Manipal travelling all the way from New Delhi and had first hand discussions with Students, Faculty and Staff. Their claim is that they adopted a scientific input-process-out mechanism to collect data, visit the campuses, interact with faculty and students to arrive at the rankings. The 50 Schools list is being disputed by some; while some notable players have not participated.

We have over 2,000 B-Schools - in public (Govt backed and University Depts), private or (psedo) foreign collaborated Institutes. There are multiple regulators like UGC, MHRD, AICTE, AIU, DEC, etc., and several Associations like AMDISA, AIMS, AIMS-International, etc. About 25-30 types of Entrance Exams are being conducted and Coaching Centres are flourishing day by day. In India, at least 15 to 20 such Surveys are being carried out, of late. An aspirant is getting confused. The latest entrant, interestingly, is Dun and Bradstreet, India to carry out a thorough professional exercise on all related aspects.

Hence, how will a genuine MBA-seeker get authentic ranking to freeze his choice School? Will the recuiters be able to identify good Schools from average ones? Whether age of the school or faculty (intellectual capital), location, accreditation, placement record, publications and research, physical infrastructure and ambience, library-computing facilities, student-faculty academic and other achievements, etc are all properly captured in all such ranking surveys? Do we need to have a regulator for such ranking exercises? Should it be carried out once in a year or more than once? Like Credit Rating Agencies being overseen by SEBI, do we need some intervention or governance of all these bodies/agencies? There are many such questions to be answered to take the B-School Rankings seriously, at least in Indian scene.