Tuesday, May 1, 2012

Foreign B-schools set out without AICTE approval

Amidst political uncertainty and the sluggish passage of the Foreign Educational Institutions Bill, foreign institutions remain undeterred in establishing their campuses on the Indian soil.

While the Bill lies stagnant in the parliament for almost two years, MISB Bocconi, a Milan-based international B-School has chosen Powai, Maharashtra as its location for the Indian campus. Without seeking approval from All India Council of Technical Education (AICTE), the approving authority for technical institutes across India to run their courses, the school has reportedly started admissions to its two-year PG programmes in Mumbai assuring students of a degree from its parent Milan campus.
(Read More)

On the other hand, a Canada-based Schulich School of Business is preparing to open a campus in Hyderabad in September, 2013. Even though, the relevant legislation may not be in place when Schulich's campus opens next year, students will complete one semester of their two-year MBA program in Toronto and be awarded with Canadian degrees until India is ready with regulations. (Read more)

According to a news report earlier this month, minister for human resource development, Kapil Sibal, had exhorted the parliament to speed up the passage of the bill.

Another foreign institute among the undeterred new entrants in India is Fazlani Altius Business School (FABS), which has launched three campuses in Mumbai (Powai), Delhi and Bhubaneswar last week. The school is expected to start its admission for MBA (applied HR) and MBA (sales and marketing) courses from May 15. "All sales and marketing students will get job offers on Day 1 of admission," said Ashfaq Ahad, co-founder of FABS as per media reports, where he also added that the AICTE approval is not required, however, the school has got the UGC's approval.

6 comments:

  1. Plz tell how is colleg...is it approved colleg

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  2. FABS is a 100% genuine college aiming at bridging the gap between industry requirements and what is taught at a management school.
    FABS is a platform to promote industry academia partnership.

    Faculty and school board officials at FABS are involved in continuous interaction with executives, CXOs & other business professionals, to create curriculum and employment synergies for FABS students.

    Benefits :
    Programs to enjoy strong industry involvement in curriculum development and internship opportunities .
    Students get direct access of theoretical concepts applied in real world .
    Program graduates at FABS enter the corporate world with superior knowledge about how leading firms manage people, what accounting procedures they use, and what enabling technology makes it all possible.

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  3. FABS...its fabulous. Before joining this B-school, I didn't have any knowledge about its format. But thanks to every single faculty as well as the management who genuinely helped me to understand my subjects providing a theoretical understanding from the practical perspective.

    One thing that absolutely helped me grow a lot, and not just me, every student at FABS will vouch for this. It is the Corporate Thursdays. On Corporate Thursdays, CEOs & CHROs of top corporate companies visit our campus and talk and discuss about relevant topics, this helps students to learn a lot more about the corporate world and real problems and solutions in small and big organizations. There was recently such a talk on GST which helped us learn a lot as well.

    Pre-placement is the biggest differentiator between FABS and other Management Institutes. To top it is the 9 month paid internship I get with the very employer that hires me. This has helped me immensely, working shoulder to shoulder with corporates.


    Gokulesh Nayak, MBA in Applied HR Management, FABS, 2016-2018

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  4. FABS is an autonomous college offering industry-accredited PGPEM courses in Applied HR Management, Services & Operations Management, Investment Banking & Security Operations, Sales & Marketing management.

    FABS has partnered with over 60 Top Corporates, and offers pre-placement to students seeking admission to Post Graduate Program in Early Management. FABS is a platform to promote industry academia partnership.

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  5. FABS my life changer institute wherein I learned many things in academics as well as personal life.
    What attracted me to be a part of FABS - Admission on the basis of LOI(Offer Letter) by top MNC's, the very company that hires me before admission, is the company I will be working with on completion of PGPEM.
    It was such a cheerful moment in my life when I came in contact with actual industry practitioners as my professors. The professors here are very cooperative and are fully packed with corporate experience. They will never let you go easily till the concepts are not cleared.
    The concept of Corporate Thursday helped me to develop with my soft skills and confidence level.
    The CXO's meets actually gave me a kick to the corporate world and helped me to be down to earth in all situations.
    We had visited Amul Dairy, Gujarat Samachar, Pepsico, Saswad for corporate exposure, and all these visits were very knowledgeable.
    Since I am from HR Specialization, I learned many concepts in employee engagement such as HR Activities, Motivation sessions, Training and Development, Social Projects, etc. I would be glad to mention that, we also got a chance to give training to more than 200 children in International School at Pune, where in we come to know the sincere efforts taken by any trainer at the time of their sessions, the Time management, Co-ordination, Team bonding, and Communication with various age generations come into actual picture. And the best part was to be appreciated from the Directors and CEO of FABS.
    I would recommend FABS to anyone, who wants to do thinks differently, and not just in books and theory but put all the knowledge to practice in the 2 years of studies at FABS and ever after.

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