Archive for the ‘Institute Rating’ Category

How to Analyze Various MBA Accreditation of B Schools across India ? CRISIL | NAAC | AICTE | UGC

 

Everytime you visit website of the education institute, Read prospectus, read advertisements of various B Schools, you will get to know many accreditation, approvals messages. You might end up in confusion after looking at various accreditation of various institutes. Following information will provide you general information of accreditation authorities of India.

Accreditation for India: AICTE, CRISIL, UGC

Accreditation for India: AICTE, CRISIL, UGC

Most of the recruiters , job agencies usually look for various accreditation and approvals of B Schools during candidate selection. So it is important for students to understand meaning of various certification or grading authorities of India which can help them to select right course and right institute for the admission.

 

1. CRISIL: Reputed Rating authority like CRISIL has come up with grading service for education sector based on various parameters. Each course of educational institute (which has undertaken CRISIL grading process) is provided certain nationwide rating like National A***,National A**,National B *** etc.

CRISIL is India’s leading research company and rating/grading provided by CRISIL can be considered as benchmark to analyze B School and its course structure in terms of  Industry Interface, Student Selection process, Curriculum,Faculty etc.

For more details of CRISIL grading list of institute you can check the link : B School Grading List

 

2. NAAC Accreditation: (National Assessment and Accreditation Council) : It is an autonomous body established by  UGC for assessment and ratings for Higher education institutes across India.

NAAC assesses each institution based on following points

  1. Curricular Aspects
  2. Teaching-Learning and Evaluation
  3. Research, Consultancy and Extension
  4. Infrastructure and Learning Resources
  5. Student Support and Progression
  6. Governance and Leadership
  7. Innovative practices

NAAC provides grading to the institutes with grades like A+, A, B, B+. Any institute having A+ grade is considered as benchmark which has followed all the recommendations and framework of NAAC.

3. AICTE: (All India Council of Technical Education):

AICTE was formed as an advisory body  for various matters of technical education.AICTE regulates  and maintains norms of technical and higher education across India. It has defined standards which higher education institution must follow to get approved by AICTE.

Institution which has AICTE approval is considered to be following all the norms and standards set by AICTE in terms of faculty to student ration, infrastructure, curriculum, Infrastructure and facilities etc.

 

Education Reforms: Charging capitation fee by Education Institute would be a cognizable offence!!!

There is huge demand for medical, technical and higher education in India. As compared to demand , overall number of quality educational institutions are very low. This leads to unethical practices from some of the institutes.

Students always try to get admission to their dream institute by any  means. This leads to huge demand for some of the courses. Charging capitation for non merit list student is norm for some of the institutes.This is going to be changed soon.

As India is going to bring education bill related to charging capitation fee. (Ref: http://timesofindia.indiatimes.com/NEWS/India/Four-education-reform-bills-tabled-in-Lok-Sabha/articleshow/5887840.cms)  This would definitely help to reduce corruption of education sector. IF we consider institute side story, some institute use such fund to build infrastructure of the education and indirectly it helps students to have better infrastructure for education.

Government should also have rules and regulations about raising funds for the education institutes so that they would be able to provide good ambience for the education to the student.

Use of technology in education, having transparent admission process would help to support such initiatives

Such education bill would change lives of many Indians, what do you think about this bill ?

Future of Educational Brand Building

Indian education sector is opening up new avenues as we move on. Multiple opportunities, many competitors coming in this segment. Question arises about building brand and communicating with students, attracting talented students to relevant course of their choice.

We tried to analyze current budgets of the institute and how scenario is going to change

Medium Existing Way New Way
News Paper Advertisement Educational institutes allocates lot of budget to print media based advertisement Target youth of India is moving towards internet, news paper based advertisement is going to get less attention in the future.
Seminar, Road Show Institutes conduct seminars in 5 star hotels, seminar halls. Conversion rate is low and student acquisition cost is high in this case. Institutes will start conducting online webinars, online discussions. It will be the way to interact with students
Franchise Management Institutes have multiple franchises, training centers to sell application forms. But tracking mechanism, conversion rate of students is missing. Institutes do not get clear picture of pre admission, admission process. Centralized way to track student interaction, student interest, no leakage of revenue in terms of application forms fee. Better student acquisition and huge cost savings.
Customer Centric Approach Student as customer approach is missing in the current context. Delay, misplacement is application form creates confusion among students Institutes would be customer centric. Usage of technology would be high. Prospective students would get better service.

How student should evaluate institute ?

We interacted with several students, MBA aspirants. Still there are various confusions, queries about how to evaluate institute.

Following are some of points to remember while applying to the institute. This would vary based on type of course, university, education level (higher education, under graduation).

No Point Importance Comment
1 No of Years since Institute has been  operating 10% This parameter provides idea about alumni strength of the institute and overall experience of education
2 Location 15% Location is important mainly for the B Schools, professional courses to have industry interface. If industries are located closely then industry exposure for such institute students would be better
3 Total  Intake 10% Generally reputed institutes have limited intake capacity and they prefer to keep it at optimum level to maintain quality. Students should prefer courses having limited intake to improve education quality and peer learning.
4 Number of Visiting Faculty from Industry 10% Practical exposure and industry knowledge helps to understand subjects in better way. Institutes having more visiting faculty can be better for professional education.
5 Extra Curricular Events 10% Such activities help to develop managerial view, task and event management skills to the students.
6 Accreditation 15% If institute is certified by some standard authorities like AMBA UK, NAAC India, ISO, then it indicates various quality standards maintained by the institute.
7 Placements 10% It indicates quality of students coming out of the institute and its acceptability in the industry. Generally students provide too much importance for the placement. It should be remembered that this activity is directly dependent on economic situation, business scenarios.
8. Institute Infrastructure 10% Facilities like Library, classrooms, seminar hall, study rooms etc are important to have better ambience for the education.
9 Education Contents, Faculty 10% It is highly important to have industry specific , practical syllabus and great mentors for the students.

How student should select right institute?

Common student faces challenges to find right institute with appropriate career opportunity to fulfill his/her dream. While selecting any institute course as a choice, it is important for the student to check various aspects related to institute/ university offering the particular course
1.   Accreditation: Is Institute has accreditation   by NAAC or any other body? NAAC has graded many institutes of India to differentiate quality of education. In case of higher education like MBA there are certifications like Association of MBA UK (AMBA). Student should check if institute is associated with any such grading system.

Such system defines quality of institute with respect to various educational processes.

2.    Alumni Association: How strong is the relationship between institute, alumni and existing students?
This relationship is extremely important to build career and get some practical industry specific knowledge from peer group and pass out students.

3.    Faculty to Student Ratio: Are there enough full time faculty members, education counselors available within institute to resolve your queries?

This is important mainly in case of higher education or specialized courses.  Student should be able to get resolution of the queries on timely basis.

4.    AICTE Approval:
Is Institute is approved by AICTE? In case of AICTE approval student must check “Mandatory Disclosures related to AICTE” section on web site of the institute.

Such section includes useful information about placement statistics, faculty details, other details of institute campus, courses, fee structure. This information provides some more insight to the student about courses offered and whether it is right course.

5.    Transparent Admission Process:
Is admission process offered by the institute is transparent and based on merit? In case if admission process is not transparent then you might gets idea of quality of students getting in for the course.  In case of any education peer learning is most crucial aspect which is ignored by the institute as well as student.

Student should always check about their peer groups, classmates and based on it, quality of peer learning takes proper direction.

6.    Interaction of the institute with prospective student :

Is student is able to find multiple channels to interact with alumni, teachers, admission committee members?  Are your email queries remaining unreplied?  Are you able to interact with admission committee with ease?

These are some of the questions and its answers would define quality of the administration, courses, education offered by the institute.