The University Grants Commission is not happy with the Indian Institute of Planning and Management offering an MBA degree. UGC says no institute in the country can offer a degree course without its approval and IIPM does not have its go ahead.
Advertisements by IIPM in leading dailies across the country have been promising students a degree in MBA. But the fine print in the ad says the institute does not come under the purview of the UGC. Acting Chairman of UGC Prof V N Rajshekharan Pillai says the advertisements may be misleading. Professor V N Rajshekharan Pillai, Acting Chairman, UGC said, "No institute can conduct an MBA program, which is not university or an affiliated institute that is very clear. And I don't know they very giving it in very very small print that it is not recognized by UGC or AICTE, so it is contradicting. And definitely to some extent, probably not to some extent, it's misleading also."
According to the commission no institute in India can offer any sort of a degree without first being recognised by it.
Pillai said, "Master degree or any degree or any degree for that matter, can be granted only by a university recognized by the UGC. So there is no private institution which is not recognized by UGC or which is not a part of a university, they can offer an MBA program. That is the rule of the land. I do not know how exactly they call it an MBA program. This institution has not approached the UGC, it is not a university. It is not an affiliated institute of any university from their advertisement."
Despite repeated attempts by CNBC-TV 18, IIPM refused to reply to questions based on the UGC chairman's statement.
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