AICTE has notified All India Council for Technical Education (Norms and Standards for the conduct of Post Graduate Diploma in Management) Regulations, 2017 to properly regulate and enhance the quality of management education imparted in institutions who are offering Post Graduate Diploma Programmes in Management (PGDM).
These Regulations, broadly lay down norms and standards regarding academic calendar, admission, model curriculum and fee refund be spelt out precisely through regulation.
Most importantly, PGDM Institutions have been given autonomy to may devise their own curriculum for PGDM Programmes, however it shall be in conformity with the Model curriculum framed by AICTE and they shall incorporate significant part of academic components in their curriculum. The institutes have been asked to constitute Board of Governors (BOG) for ensuring the effective management of the institutions and planning strategy for future development.
The minimum duration of the programme shall not be less than 21 months, wherein the admission shall be started from 1st March and end by 30th June every year.
Most importantly, admissions to PGDM Institutions shall be made only from the candidates qualified from anyone of the six All India tests i.e.; CAT, XAT, CMAT, ATMA, MAT, GMAT or state level entrance examination. The candidates shall be short listed on the basis of the overall rank computed taking into account of the following components and their weights:
- Score in the Common Admission test (CAT, XAT, CMAT, ATMA, MAT, GMAT) – 35 to 60%
- Score for academic performance in X Std., XII Std., Under Graduate Degree/Post Graduate Degree – 5 to 25%
- Group discussion/interview – 20 to 45%
- Weightage for participation in Sports, Extra-curricular activities, Academic diversity and Gender diversity – 5 to 20%
The Institutes have been directed to display on the institution’s website the eligibility criteria, selection procedure and the merit list of the candidates who have applied for the programme and also to ensure that selection of the candidates shall be strictly on the basis of merit only. PGDM Institutions shall publish admission brochure well before the admission process is initiated.
The Institutions are also required to publish the fee being charged on their web-site and in admission brochure. The Institute shall refund fees collected after deducting an amount Rs. 1000/- as processing fee and return the certificates to the students withdrawing from the institutions before the last date of admission for whatever the reasons as per the procedure prescribed by AICTE. The last date for withdrawal of admissions for the purpose of refund of fees shall be 30th June every year.
The Notification is a welcome step, as it grants some autonomy to the PGDM Institutes to frame their own curriculum. However, it is surprising to find that it has continued with its approach to deny the Institutes the right to admit students of its own choice and also to fix parameters for selection of students in the Institutes.
Many a time, a candidate after having some work experience desires to do some value addition and joins Management Education. It has considered all the aspects to determine eligibility and prescribe weightage, however, surprisingly, it has not given any weightage to work experience.
Ravi Bhardwaj | firstname.lastname@example.org | email@example.com