SRCC to turn Global Business Operations programme into a Master’s degree, increase fees

Delhi University’s (DU) Sri Ram College of Commerce (SRCC) is working on giving its two-year-long post-graduate diploma in Global Business Operations (GBO) a facelift, which includes turning it into a full-fledged master’s degree.

The college is drafting a proposal proposing this and other major changes in the course, which will be then presented before DU within a month’s time, SRCC principal Dr PC Jain informed PaGaLGuY. The draft will also propose introducing a two-year part-time executive MBA program. Once approved, the changes are expected to get implemented in the academic year starting 2013.

“Our course (GBO) is 10-years-old now and we want to convert it into a degree course and rename it to Master in Global Business Management. A committee of around eight people has already been formed for drafting the proposal, which will then be reviewed by a group of external academicians and industry people before we present it before the vice chancellor of DU by April end,” said Jain.

Apart from the name of the course, SRCC is also also looking at changing the eligibility criteria of applying to the programme to 50% marks in class X and XII in addition to 50% marks in graduation which has been until now the sole minimum academic criteria for admission into this course. The college will also propose to increase the tuition fees of Global Business Operations course from Rs 7,500 per semester to Rs 30,000 per semester as it is a self-financing course and the college has to pay Rs 1,000 per lecture per hour to each guest faculty, Jain explained.

Jain also said that the overall curriculum of the course will also change. Students will be first delivered a one-week-long orientation programme followed by a three-week foundation course so that students of arts, commerce and science can all be at par with each other on the basics. Moreover, to give the course an international look and feel and increase the interaction of students with international students, the college is also going to propose a 5% reservation for foreign students, which it will advertise in international media. Such a reservation is already there in DU at the undergraduate level and is availed mostly by students from India’s neighbouring countries and from Africa.

SRCC is also looking at introducing an exchange programme for its students with foreign educational institutes and also work towards getting international assignments as part of their eight-week summer project. “We want to have an insitutional mechanism for placement of our students. Till now, the college was not active in any placement process,” said Jain.

On the executive MBA proposal, Jain said, “We are constantly approached by our ex-students who say that they feel outdated in front of the new generation and thus would like to upgrade their managerial skills. This is what brought up the idea of executive MBA. The new changes will most probably be implemented from 2013 academic year..”