Dr. Bakul Dholakia Welcomes IIM Bill

IIM Bill has been welcomed by Padmashree Dr. Bakul Dholakia, former Indian Institute of Management (IIM) Ahmedabad Director, presently serving as the Director General of IMI Delhi.

He said, “I believe it will solve a lot of problems related to the management education in India.”

Dr. Bakul Dholakia said that the logic behind demanding a master’s degree for PGDM course was not just a certificate but its marketability and perception in the market. He said that IIMs were the pioneers of PGDM course in India and since then they had very high credibility because of their commitment to excellence, quality & culture. Similar levels of standards were created and maintained by the top 20 – 30 premier management institutions in the country. They have supplemented the supply of managerial resources to the Indian industry and had a huge contribution to the market he added.

AICTE and Ministry of HRD can identify a creditable agency to identify and rate the management institutes on predefined performance parameters. Depending upon the parameters and methodology, the A-plus or A rated institutes should be allowed to award degrees so that they are not forced to get affiliated with some university and compromise their autonomy and hence the quality of education.

Dr. Dholakia said that if the government is committed to attract private investment in the higher education and want an overall growth of the higher education system in the country where private sector supplements the effort of the public sector then they should create a level playing field and if that happens it will not be a threat but an opportunity for the premier management institutes of the country.