In the wake of the government’s will to change the norms for all the IIMs in the country, over 400 alumni members and students of the prestigious business schools IIM have filed a petition to the Prime Minister Narendra Modi. In the petition they have mentioned the changes in the criteria for awarding MBA degrees to the students.
The students have demanded that the degree provided by the IIMs should be at par with the global standards and Master’s in Business Administration (MBA) degree should be given only for one-year programme. The two-year courses should be set for the Masters in Business Management (MBM). The petition has been made through the help of ‘oneyearMBA.co.in, which is forwarded to the Prime Minister Narendra Modi and Union Human Resource Development Minister Smriti Irani. The petition included alumni members and students from IIMs in Ahmedabad, Bangalore, Calcutta, Indore and Lucknow.
The government has showed its will to find new ways to bring a significant change in the way IIMs are governed in the nation. The plan for new legislation for theses institutes have been scheduled to come up soon. A draft bill regarding the same is up for public consultations, after which final decisions would be taken.
Through the oneyearMBA.co.in platform, which is a leading resource for news, guidance and analysis on one-year MBA programme, the students have pointed out to the government to “ensure that MBA degree at IIMs is awarded to one-year MBA while MBM degrees is awarded to two-year post graduate programmes.” The website’s founder, Shikhar Mohan said that the submission was made through the Modi government’s MyGov.in platform.
The petition further states, “If the IIMs now award an MBA for a course that does not meet international criteria for being called one, they will be compromising their credibility.”