When institutions award degrees at the Bachelors, Masters and Ph.D level they are usually accorded a University status
Check this out. Its an article from the HINDU.
There is a wide variety of nomenclature of degrees in management education. There are mainly two categories - postgraduate diploma and master's degree.
Postgraduate diplomas include Postgraduate Diploma in Business Administration (PGDBA), Postgraduate Diploma in Management (PGDM) and Postgraduate Diploma in Business Management (PGDBM). Most of these diploma courses are having two-year duration and graduation is the entry qualification.
Master's programmes include Master of Business Administration (MBA), Master of Business Management (MBM), Master of Business Studies (MBS), Master of Finance and Control (MFC) and Master of Management Studies (MMS).
According to the University Grants Commission Act, universities and university-level institutions, including deemed universities, alone can award MBA and related degrees. The institutions outside the university system can award postgraduate diplomas. All institutions offering PG programmes in management should obtain the approval of the All India Council for Technical Education (AICTE). PG Diplomas in Business Administration / Management awarded by very few institutions are approved by the AICTE or recognised by the Association of Indian Universities (AIU) as equivalent to the corresponding masters degree/MBA.
Deemed universities can also offer MBA or Master's Degree in Management. The AIU is the appropriate authority for granting recognition.
The Indian Institutes of Management (IIMs) Ahmedabad, Bangalore, Calcutta, Indore, Kozhikode, Lucknow are ranked in the list of top institutions that offer Postgraduate programmes in Management (PGP).
IIM Calcutta also offers PGDM and Post Graduate Diploma in Computer Aided Management (PGDCM). Meritorious graduates in any discipline can apply for the postgraduate programme offered by the IIMs.
The selection is based on the Common Admission Test (CAT) score. The PGP of IIMs is considered as equivalent to an MBA and has much greater demand in industry/management field.
Most of the universities in India offer MBA programmes with specialisations such as marketing, finance, personnel, systems management, human resource management, etc. Some institutes offer sectoral electives such as telecom, health, retail, textile, insurance, pharmaceuticals, supply chain, shipping and port Management, etc. besides the main specialisations.
SOURCE and FULL ARTICLE: The Hindu : Education Plus Thiruvananthapuram : Q&A;
Hi everyone !!!
I have a small question regarding the names of the degrees. I always thought that to award an "MBA" degree, the institute should have status that of a university. It seemed to be a logical explanation for the difference in tha name of the degree awarded by IIMs. Institutes like SIBM award MBA degree while IIMs award Post Graduate Programmes(PGPM, PGPX, etc ).
But when I try to compare institutes like IIMs and IITs, I see that the names of the degree is again different from each other. Is it that IITs are empowered to a university status? If yes, can anyone explain why IIMs dont have that option !!??
Thanks in Advance