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AIU Approved PGDM Colleges – How Vital is the AIU Approval For PGDM Institutes In India?

Here is a complete list of AIU Approved PGDM Colleges in India including Delhi, Mumbai, Pune, Bangalore and other cities. But the questions remains, How Vital is the AIU Approval For PGDM Institutes In India?

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AIU Approved PGDM Colleges in India vs Non-AIU Approved PGDM Colleges – Which is the Best Possible Option for Management Aspirants? Many Management Colleges/B-Schools/Institutes in India have been flaunting their AIU Approved PGDM Programs, while other Institutes attempt to convince the students about their insignificance.

EurAsian Times analyses the actual role of the AIU, their comparison with MBA and AICTE PGDM, and list of colleges/institutes approved by the AIU in major cities of Delhi, Mumbai, Pune, Bangalore and rest of India.

MBA vs PGDM: Why MBA Degree Is Better Than AICTE PGDM?

History of the Association of Indian Universities (AIU)

The Association of Indian Universities (AIU) acts as a centre for Indian Universities which started according to the recommendations of Saddler Commission-1917. The Commission suggested creating an inter-university board for maintaining a prim relationship and coordination between the universities. So the board took final shape in a conference of the vice-chancellors of Universities convened by the then Viceroy of India at Simla in 1924.

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The Inter-University Board (IUB) of India consequently established on March 23, 1925, to advance university activities, by sharing information and co-operation in the areas of education, culture, sports and allied areas. The Board acquired legal status with its registration in 1967 as a society under the Societies Registration Act, 1860. In 1973, it found its contemporary name “The Association of Indian University (AIU).

Association of Indian Universities (AIU) – Key Objectives

To serve as an Inter-University Organisation and act as a bureau of information to facilitate communication and coordination and mutual consultation amongst universities.

To act as a link between the universities and the Government and to co-operate with other universities or bodies in matters of common interest and act as the representative of universities of India.

To promote programmes as would help to improve standards of instruction, examination, research, textbooks, scholarly publications, library organisation and such other programmes as may contribute to the growth and propagation of knowledge.

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To help universities to maintain their autonomous character and facilitate student mobility and exchange of members of the teaching and research staff, sharing of infrastructure, joint-research projects and publications between universities at home country or with the counterparts abroad.

To assist universities in obtaining recognition for their degrees, diplomas and examinations from other universities besides undertaking, organising and facilitating conferences, seminars, workshops, lectures and research on various themes pertaining to higher education.

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To establish and maintain organization dealing with youth welfare, student information services, cultural programmes, adult education and such other activities as are conducive to the betterment and welfare of students or teachers and others connected with universities.

AIU Approved PGDM Colleges In India – Process

The process of granting AIU approval to the two year full-time PGDM was suspended due to the critical observation by the one-man Committee constituted by the MHRD.

According to the committee, the AIU Approval must only be given to those PGDM programmes that are of very high quality and standards. It was also felt that the AIU must ensure utmost objectivity, speed, transparency and consistency in its approach and methodology for granting equivalence.

Conditions for AIU Approval for PGDM Colleges

The PGDM Programme has been duly approved by the All India Council for Technical Education (AICTE), New Delhi;

  • A Minimum Two Batches of the programme must have passed out successfully.
  • The PGDM programme has been duly accredited by the National Board of Accreditation (NBA);
  • The equivalence to the PGDM programme meeting the above conditions be granted for the period for which the NBA accreditation is valid

PGDM Colleges – Renewal of AIU Approval In India

The Institute has applied for the AIU equivalence and has furnished all the required information/documents as prescribed by the AIU;

  • The PGDM Programme has been duly approved by the All India Council for Technical Education (AICTE), New Delhi;
  • A Minimum Two Batches of the programme must have passed out successfully;
  • The PGDM programme has been duly accredited by the National Board of Accreditation (NBA);

The equivalence to the PGDM programme meeting the above conditions be granted from the date it has become due and further for the period until their NBA accreditation is valid.

AIU Approved PGDM Colleges – Is it Worth?

Directly, the AIU has no role to play in your PGDM Program (unlike the AICTE – which recognizes the PGDM program). The AIU Approval is vital for only those students who seek to pursue a PhD Program from selected Indian Universities or apply for Government Services (for which a student anyhow has to apply for a separate examination since the graduation score is the eligibility criteria and not the master’s program).

However, even without an AIU approval, you can pursue your PhD from top business schools like IIM, ISB, MDI etc, as these institutes do not need an AIU.

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In Terms of Placement for PGDM Students, there is No Conclusive Evidence that suggests a PGDM Program with AIU approval benefits the prospects of employment. In fact, the highest-rated Business School in India, the Indian School of Business (ISB-Hyderabad) is neither AIU nor AICTE approved.

In fact, all the IIM’s, which accept CAT Scores well over 98% are not AICTE approved but continues to draw the most attractive packages in the country.

Even though the AIU approval is an addition to a PGDM Program, but this does not give any definitive advantage over others and thus should not be the deciding factor when selecting a Business School, especially when you are keen to enter the corporate sector.

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US Group donates books to Ilocos Norte State University, Philippines: PNA

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The San Diego County Metropolitan Lions Club (SDC-MLC) in San Diego, California donated on Monday a total of 364 books of various titles to the Mariano Marcos State University (MMSU) here to be used by its students and the Department of Education (DepEd).

The books were received by the University Library System (ULS) through a shipment package sent by Leo and Norma Sicat, president and Lion Tamer of SDC-MLC, respectively.

The package consisted of five titles in Geometry, Algebra 1 and 2, Milestones, Milestone Workbook, Milestone Teacher Education, Great Expectation, George Washington, Tale of Two Cities, Eleanor Roosevelt, The Meeting on Board HMS Bounty, The Three Musketeers, The Prince and the Pauper, Clara Barton, and The Man in the Iron Mask.

MMSU President Shirley C. Agrupis said that while the university took custody of the hard-bound donations, it will also donate some of these to the DepEd-Division Office in the City of Batac.

MMSU-ULS director Eliza Villarin said some of the books will be distributed to the MMSU main library and its satellite libraries in Laoag City, various high school campus libraries, and college reading centers.

Villarin said organizations and agencies that donate books to the university are considered as library friends because they help the university strengthen its collection of information resources for its students.

The book donation was the result of a tie-up between MMSU and the SDC-MLC in July 2019 through a signed memorandum of understanding which stipulates that the SDC-MLC will help augment the university’s learning resources and support its internationalization programs.

The MMSU and SDC-MLC also agreed to conduct humanitarian medical, dental and optical missions in various communities, and enhance the extension service competencies of MMSU’s faculty and staff.

Philippines News Agency

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Education

Jio Institute – Mukesh Ambani’s ‘Institute of Eminence’ To Revolutionize Indian Education System

Jio Institute, which will be located in Navi Mumbai was to hire university staff and complete the academic curriculum by October this year, however, experts believe that things might get delayed due to coronavirus

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Jio Insitute, Mukesh Ambani’s ambitious institute for reshaping the Indian education system is expected to commence operation in 2021. Will the ‘Institute of Eminence’ – Jio Institute get impacted by Covid-19 is uncertain for now.

Jio Institute – Overview

The Shailesh Kumar led Jio Insitute will start its academic session in 2021. Numerous undergraduate courses will on offer including courses in emerging technologies like artificial intelligence, data sciences machine learning, digital media and marketing.

It is also expected that Mulhern of Northwestern University will be facilitating the Marketing Communication program while Kumar would teach Artificial Intelligence courses. The modern Jio Digital Library project will be headed by Keller from Stanford.

Jio Institute of Eminence

Jio institute has also set up a seven-member global advisory board. According to media reports, the board will consist of Jean-Lou Chameau, president emeritus of California Institute of Technology (Caltech); Michael Keller, vice provost of Stanford University; Rick Levin, former president of Yale University; Subra Suresh, president of Singapore’s Nanyang Technology University. Nadhmi A Al-Nasr, CEO of Saudi Arabia’s futuristic habitat project NEOM; Frank J Mulhem and Vinayak P Dravis of Northwestern University.

Mukesh Ambani, his wife Nita and daughter Isha will also be on the advisory board. The institute is one of the institutes in the country to be awarded the tag of ‘eminence’ by the Human Resource Ministry even before its completions.

Experts at EurAsian Times believe that the tag of ‘eminence’ was given due to the future prospects of the Institute. As of August 2019, ten institutions have been selected by the Institutes of Eminence, which includes Banaras Hindu Univesity, Indian Institute of Science, Indian Institute of Technology (IIT) Bombay, IIT Delhi, IIT Kharagpur, IIT Madras, University of Delhi, University of Hyderabad, Anna University and Jadavpur University.

Jio Institute Location & Key Details

Jio Institute, which will be located in Navi Mumbai was to hire university staff and complete the academic curriculum by October this year, however, experts believe that things might get delayed.

Students at Jio institute would not only get an opportunity to study at the sprawling 800 acres campus in Navi Mumbai but could also be taught by professors from prominent universities across the world.

The advance studies at the institute will also provide merit-based scholarships worth 38 crores during the first academic year.

Mukesh Ambani aims to make Jio University ranked in top 500 on Times Higher Education and QS World University Rankings. To achieve this feat Jio Institute is in talks universities like Massachusetts Institute of Technology (MIT) Stanford University, Northwestern University and Nanyang Technological University and aims to recruit expert faculty and mentors for the institute.

Reliance Jio and the Telecom Revolution

Reliance Jio Infocomm Ltd popularly known as Jio in India is a mobile network operator owned by Reliance industries. Jio was the brainchild of Mukesh Ambani and was launched in 2015 in honour of the 83rd birth anniversary of Dhirubhai Ambani, the founder of Reliance Industries.

Since its launch, the network has become immensely popular with Indians as it made internet accessible and affordable. The introduction of Jio revolutionised the telecom industry and made 4G data available pan-India at the lowest rate in the world. Jio Platforms compares with large global digital ecosystem platforms that are largely debt-free like Alphabet, Tencent and Alibaba.

Success at home has caught the eye of investors abroad. With 5 confirmed deals in May and another investment incoming, Jio is now valued at over $65 billion. The investors, all based in the US, include social media giant Facebook, private equity firm Silver Lake, Global investment company Vista, American private equity firm General Atlantic and US-based private equity company KKR.

Collectively, all the deals are worth $10.3 billion or Rs 78,562 crore, which RIL plans to use in order to pay off $44 billion worth of its debt.

Microsoft, the tech giant founded by Bill Gates, is also in talks with Jio to purchase a 2.5% stake at the cost of $2 billion. Abu Dhabi state fund Mubadala, another investment company, is also in talks to invest about $1 billion in Jio platforms.

Within a short span, Mukesh Ambani and Jio have achieved what other companies have not been able to for decades. With the establishment of Jio Institute, India’s most influential businessman has ensured that the company he birthed would be looked after by Jio’s very own.

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MBA vs PGDM: Why MBA Degree Is Better Than AICTE PGDM?

MBA vs PGDM: Experts from PGDM Colleges call MBA programs Outdated, while MBA colleges call PGDM program a mere Diploma. An MDI Gurgaon Alumni explains why MBA is Better than a PGDM.

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MBA vs PGDM is an ongoing debate, but what is the difference between MBA and PGDM and which is a better program between the two remains a big question for aspiring management students.

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Students aspiring to get into Top Business School are searching for the best pathway to achieve their goals. As the entrance season advances, the dilemma for the management aspirants continues – MBA vs PGDM and which Business School to opt for?

EurAsian Times analyses the difference between the two programs and analyses why an MBA Degree could have more advantages that a PGDM Program.

The confusion to select a PGDM or MBA course reaches the peak when the students start visiting the colleges for counselling and GD/PI sessions. All business schools boast about their Excellent Placements Record, Faculty from the IIM’s and IIT’s, International Exposure, etc leaving the management aspirant in a total state of confusion.

What adds to the confusion level are the Education Consultants who further confuse the students for their petty monetary gains. At some point in time, students get so frustrated that they stop taking all the calls for admissions. EurAsian Times crisply attempts to explain the difference between MBA and PGDM.

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MBA vs PGDM: What’s the Difference?

Master’s in Business Administration (MBA) is a degree course provided by the University or colleges recognized by the Universities which are approved by University Grants Commission (UGC), and sometimes also by All India Council for Technical Education (AICTE).

Post Graduate Diploma in Management (PGDM) is also a Masters’s degree program, offered by the autonomous institute or colleges, that have received their approvals from the All India Council for Technical Education (AICTE).

Some of the top business schools like IIM’s and ISB’s offer PGDM / PGPM program (and strangely they are not approved by the AICTE) as they do not have collaboration with any University. But these B-Schools have an outstanding placement record and great international reputation and do not bother about AICTE approvals. Neither do the organizations show any concern or preference.

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Colleges offering the MBA program follow the academic syllabus provided by Universities (which usually cannot be easily modified or changed) while PGDM syllabus is flexible and institutes like IMT, MDI, XLRI, IIFT, SP Jain, NMIMS have the flexibility to modify their course within the AICTE approved parameters giving them a tremendous advantage.

Which Program is Better – MBA or PGDM?

MBA vs PGDM is an unending debate and honestly, a lot depends on which University or College a student is getting (based on entrance exam score like CAT / XAT / MAT etc) rather than the program itself i.e. MBA or PGDM. The PGDM program claims to follow a more practical approach to studies, compared to the MBA (which is not always true).

MBA from top institutions like FMS, IIT, DTU are equally acceptable and sought after in the market. The major difference between MBA and PGDM is that MBA course fee is usually less than the PGDM program, as PGDM comes with a variety of industrial trips, international exposure programs, besides being a revenue generation model for the institutions. (A PGDM Program at the IIM’s could cost up to 28 Lacs, whereas MBA from FMS-Delhi University would only cost about 2 Lacs).

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Corporates recognize talent from both the programs and are more interested in better brands and students, and don’t really care about MBA or PGDM. Students have an apprehension that after PGDM, they would not be able to pursue higher studies like PhD but if a PGDM is AIU approved, students will be eligible for PhD programs as well.

However, be assured that having a PGDM Degree instead of MBA degree will not make any difference to your corporate career in India, as at the end, it is the student who matters!.

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The students need to be very clear about their choice of the PGDM or MBA program and institute they are opting for. Students must evaluate the brand of business school, as a business school with higher brand value will provide a good learning environment and a large network of alumni.

MBA vs PGDM: Which is Finally Better?

Both the programs i.e. MBA and PGDM are good and very similar. What matters most is the business school you are getting, based on your score. Which Business School would you choose – MBA from FMS-Delhi University or PGDM from IIM-Lucknow?

Better ROI: If I had to make a choice, I would certainly choose FMS-DU as the fee is drastically less than IIM-Lucknow and return on investment is much much faster. However, there is a dearth of top-notch Universities providing MBA Programs, and students have no option but to opt for expensive PGDM programs.

Government Jobs in India: Besides the corporate sector, many government organizations still, unfortunately, do not recognize the PGDM Diploma and Government Jobs is one area where MBA Degree holders will have an edge over others.

International Jobs: If you ever opt for immigration or overseas opportunities, chances are your PGDM will either not be recognized or valued as high as an MBA Degree. Even the IIM’s have been striving to provide MBA programs rather than Diplomas and once that happens, the PGDM programs will lose the sheen and colleges would lose massive business.

AIU Approved PGDM Colleges – How Vital is the AIU Approval For PGDM Institutes In India?

 

 

Key Differences Between MBA and PGDM

Parameter
MBA from Govt. University
MBA from Private University
Indian Institutes of Management (IIMs)
Private PGDM Colleges
Programme offered
Masters of Business Administration
Masters of Business Administration
Post Graduate Programme in Management(PGP)
Post Graduate Diploma in Management (PGDM)
Award
Degree
Degree
Diploma
Diploma
Number of programme offering institutes
2000+
500
20
500
Top Institutes/colleges
FMS – Delhi University; IIFT Delhi-Deemed University; JBIMS – Mumbai University; PUMBA-Pune University
Affiliated colleges of Govt Universities like Anna University, Bangalore University etc.
Top Private Universities are NMIMS-Mumbai; Symbiosis –Pune; XIM-XUB Bhubaneswar.
More than 100 Private Universities offer MBA
IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Lucknow, IIM Indore, IIM Kozhikode and other 14 new and newest IIMs
XLRI, SPJIMR, MDI, IMI, IMT, TAPMI, KJ Somaiya, BIMTECH, …
Degree/Diploma recognized/approved by
University Grants Commission (UGC)
University Grants Commission (UGC)
Recognized by Ministry of HRD
All India Council for Technical Education (AICTE)
Curriculum
Rigid, because approvals required from University
The curriculum at most Government Universities and Colleges is theoretical, and not frequently updated.
The curriculum at good Private Universities like NMIMS and Symbiosis is at Par with IIMs, top PGDM B-schools.
Flexible and Frequently Updated.
Focus on Industry needs and job requirements as Placement is key student expectation.
Flexible and Frequently Updated.
Focus on Industry needs and job requirements as Placement is key student expectation.
Programme suitable for
MBA offered by Government Universities is more suitable for candidates interested in earning a Degree for higher studies, academic career.
MBA offered by top Private Universities is good for both corporate career and academics.
Students focus on enhancing their employability skills for a better corporate career, job or starting their own enterprise.
Students focus on enhancing their employability skills for a better corporate career, job or starting their own enterprise.
Fee
Fee at Government University/Colleges is low. FMS Delhi fee is just Rs 25,000 for the full MBA course.
Bangalore University prescribes 2-year fee of fewer than 200,000 lakhs.
Private University MBA fee is at par with IIMs, PGDM B-schools based on their market acceptance.
NMIMS Mumbai fee is Rs. 17.44 lakhs; SIBM Pune fee is Rs. 18.25 lakhs
IIMs have a comparatively higher fee structure.
IIM Ahmedabad fee is Rs.21 lakhs, IIM Bangalore fee is Rs.19.5 lakhs, IIM Calcutta fee is Rs.19 lakhs.
Top PGDM B-schools charge between Rs 10 lakhs to Rs20 lakhs for 2 year MBA.
SPJIMR fee is Rs. 16 lakhs, MDI Gurgaon fee is Rs.18.89 lakhs, IMI New Delhi fee is Rs. 15.41 lakhs
Fee for many good PGDM B-schools is between Rs. 5-10 lakhs also.
Programme duration
Two years
Two years
Two years
Two years
Exam conducted by
University
University
By the Individual IIM
By individual College/
Institute
Admission Process & Entrance Test
Some Govt. Central Universities and their colleges accept National level entrance tests like CAT/XAT and/or also conduct their own entrance tests.
Most Government colleges governed by State Governments, admit thru state level examination like MAHCET, PGCET, TANCET, although these colleges.
Top Private Universities conduct their own exams like NMAT, SNAP, X-GMT
Common Admission Test (CAT) conducted by IIMs, is the mandatory entrance exam for Indian residents
B-schools can choose from one or many of 6 approved exams: CAT, XAT, CMAT, MAT, GMAT, ATMA

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