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  • IIM panel decides to share information on admission.

    New Delhi, Nov 03 : Failing to evolve consensus on having a common counseling for admission, the IIM Council on Wednesday decided that the institutes would share their admission information and co-ordinate their counseling systems. For the first time, IIMs have decided to go beyond the world of finance and business management and begin courses in areas like energy management, academic institution management, health management, agriculture management etc. A taskforce for establishing the contours of such programmes has been set up.

    In a bid to attract foreign students so that IIMs have a more diverse mix, the Council decided that IIMs should have a road show abroad. The older IIMs after completing their counseling session would share information about those who have not been able to make it and the other IIMs — mostly the new ones — would be free to take students from that pool. However,other IIMs would be free to have their own counseling sessions. “Admission policy of each IIM is sacrosanct.

    In order to ease pressure on students and assist the new IIMs in their admission processes it was decided that the institutes would share their admission information and co-ordinate their counseling systems,” the HRD ministry said.

    Source : The Times of India

  • IIMs to face audit every three years.

    The IIMs will face an external social audit and peer review of their performance every three years, so that the government can “identify aberrations and take corrective measures”, HRD Minister Kapil Sibal said after a meeting of the heads of all 13 IIMs here on Wednesday.

    This would mean that the premier management institutions would remain accountable to the government, while maintaining their autonomous status. The process of drawing up new Memoranda of Association to ensure that their administrative and educational functions are free of government interference has been completed at the IIMs in Ahmedabad and Indore, said Mr. Sibal. It is still underway at Bangalore, Lucknow and Kozhikode.

    The B-schools have also decided to share admission information between them in order to ease the pressure on students and ensure that seats are filled in the newer IIMs. For example, once it has published its own admission list, IIM-Ahmedabad could pass on details of applicants who did not make its cut-off to the newer IIMs along with their marks at the interview stage, so that the newer institutions can consider those students without a fresh interview process. The IIMs will also post individual admission criteria on their websites.

    In a bid to make the IIM curricula more relevant to the needs of the emerging Indian economy, Mr. Sibal said that an expert group would be set up to explore the areas which need management graduates, including non-core areas such as health, education and agriculture.

    “There was a consensus that we must shift our focus from providing personnel for investment banks,” said the HRD Minister. “The IIMs must help meet the national agenda.”

    In order to attract global students and faculty, the government plans to upgrade IIM accomodation and facilities to world-class standards, said Mr. Sibal, adding that funding could be finalised for the 12th Five Year Plan. In another initiative, IIM faculty could be shared through the National Knowledge Network, he said.

    Source : The Hindu

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