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IIF/PR/2003 18th November, 2003

HRDs Decision for Single Test for Management Education

Prof. J. D. Agarwal , Director, Institute of Finance has welcomed the decision of the Government to introduce one single management test for admission to management courses in the country.Acroding to Prof. Agarwal ,this will save the aspiring candidates form the harassment and also incur to seek admissions in an institute they desire. Ordinarily , an aspiring candidate or his parents end up spending more then Rs.20,000/- for purchasing prospectuses and also appearing for different admission tests conducted by multiple agencies to pursue their mission of seeking admission in a management course. This will help more than one lank aspiring candidates form the harassment and aslo save them lot of money\, which they currently to spend.

A single test for admission to management institutes would also automatically categorise various institutes in terms of their rankin as perceived by the aspiring candidates adn their parents. A number of agencies, organisations adn magazines are conducting surveys for ranking various management intentious.Such surveys influence the perceptions of aspiring candidates. Despite the best efforts, the objectiveity and good intentions by such agecies racking suffer from number of weaknesses.Ordinarily, Prof. Agarwal feels that not more then 25% institutes fill up the questionnaire and send the details .The newspaper reports indicate that some of the institutes even fuzz figures in order to get better ranking. Thirdly, the parameters which are considered for raking over focus on members related to number of faculty member and not on quality of faculty, the number of room and the infrastructure and not the quality of the education or research produced by and institute. The amount of salaries paid to the out-going students in terms of placemetn offers and not the type of placement offered or the type of quality of placement offered to the candidates. The surveys tend in favour of old Govt. oriented institution even if they are not so efficient in terms of productivity, efficent utilisation of societies financial and other resources available at their command .Researh content and policies prescriptions or international linkages of the institutions in today's context, its competitivencess adn efficiency of the management institutes in terms of using various resources available at its disposal should be focus of any surveys rather then a candidate quantity of variousparameters.

It has also been observed that some of the institutes in order to fill in the vacancies for admissions even admit students violating all norms of admissions.In certaion cases, Dr. Agarwal feels , some of those candidates who have not yet completed graduation or have faild to complete graduation , have been found to be puursuing their postgraduate programmes, which is unfortunate. The Govt's stance will help remove such anomalies.

Dr. Agarwal, Reiterates that Govt's.decision to introduce single test will do away many of the ills which are currently prevailing in management education adn create a level of confidence among the prospective employers.

Prof. Agarwal feels that IIMs, Which are institutions created with public funds sould provide a lead together with AICTE to remove the ills which are prevailing in management education in the country today. They should also agree to the Govt's. stance in this respect so that industry and institutions around the globe mayhave grather have greather confidence and appreciations for the candidates being piked up after they have pursued their management programmes.

Press Secretary
Indian Institute of Finance
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