LUCKNOW: The All India Council of Technical Education (AICTE) has finally given approval to postgraduate business administration (MBA) course run
by the Lucknow University for the session 2009-10. The Institute of Management Sciences (IMS) has also been given an extension of approval for six of its MBA programmes.
A communication to this effect from AICTE reached the university on Monday. The AICTE gives approval of extension on yearly basis on mandatory disclosures and compliance report which is required to be submitted prior to admissions for the following year. The university had submitted compliance report for academic session 2008-09 on time. However, the list of approvals on the official website of the AICTE continuously displayed compliance report not submitted. The delay in getting the approval was because university had filed one single compliance report for all MBA programmes running in two separate entities — department of Business Administration and IMS.
University officials said that university doesn’t require AICTE approval to run the courses but still varsity opted for it to increase “marketability” of the courses. University comes under the provisions of section 2 (f) of the UGC Act meaning that thereby, it receives state and UGC grant for its operations. The degrees of any university created by law are not based on AICTE approval. The fact has also been upheld by the supreme court in one of its judgment. Hence, officers said the MBA degrees, offered by IMS, are legal. University has also submitted a separate proposal seeking approval for other MBA programmes such as MBA (HR & IR), MBA (Retail Management), MBA (Agri-business), MBA (RDM), MBA (Petroleum Technology & Management) and MBA (part-time).