Many Business School aspirants have raised concern about the titles of the management degrees offered in India, normal perception is that MBA (Master of Business Administration) is the only course which is acceptable as a Post Graduation degree. That is not true, in India there are various programmes offered by the Business Schools which are not necessarily called as MBA.
The classic examples are the IIMs (Indian Institutes of Managements) and XLRI’s (Xavier’s Institutions) these elite Institutions doesn’t offer MBA. IIMs offer PGP (Post Graduate Diploma Programmes) and the Xavier’s Institutes too offer PGDM (Post Graduate Diploma in Management).
As per the law in the books (atleast in India), only an University can offer degrees such as the MBA, BBA, B.Tech or B.E. Any Institution which is not affiliated to an University cannot offer a degree. So the IIMs are obviously autonomous bodies they run independently not bothered about the Universities and the rules.
On similar lines several colleges have autonomous status in India they don’t offer MBA programmes, there are also Institutes which are functioning without affiliating to an University. These colleges run under the AICTE (All India Council for Technical Education) and hence they don’t offer MBA. Examples TAPMI Manipal, Welingkar, Great Lakes Chennai etc.
The question of whether doing an MBA or PGDM if at all arises, know the Institute’s credentials first. If MBA offered which University it is affiliated to and whether it is a full time MBA or Distance MBA? If PGDM check if the Institute has Autonomous status or check if it AICTE approved or not.
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