Do we award MIM or MBA? IIMs debate name of their degree

IIM-Ahmedabad and IIM-Lucknow, The Indian Express has learnt, favour calling the degree Master in Management or MIM, while others prefer the more common nomenclature MBA, which stands for Master of Business Administration.

Written by Ritika Chopra | New Delhi | Updated: March 6, 2018 10:22 am
Indian Institutes of Management, IIMs, IIMs in India, IIM degree, IIM admission, Management degree, HRD Ministry, education news, indian express The MIM-MBA debate came up at the meeting of all institute directors last month

What’s in a name? Everything, if you were to ask the Indian Institutes of Management (IIMs) that find themselves split over the nomenclature of the degree meant for their graduate students.

IIM-Ahmedabad and IIM-Lucknow, The Indian Express has learnt, favour calling the degree Master in Management or MIM, while others prefer the more common nomenclature MBA, which stands for Master of Business Administration.

The debate came up at a meeting of all 20 IIM directors last month, which was called to take a final call on whether the 20 business schools should grant a postgraduate diploma in management (PGDM) or award a degree to the batch graduating this month. As first reported by this newspaper on February 11, IIM-Lucknow had even approached the HRD Ministry for a clarification on the matter. According to sources, all institutes, except IIM-Indore, are now more or less in favour of maintaining status quo this year.

“Yes, this question (of what should the IIM degree be called) came up at the meeting. But this will require more discussion and debate. To protect the brand equity of the IIMs, all 20 institutes will have to agree on one nomenclature, whether that’s MBA or MIM,” said one of the institute directors, who attended the meeting in the Capital, but did not wish to be identified.

Read | IIM Act: Diplomas or degrees? IIMs in a fix over shift

On the difference between an MIM and MBA, another director told The Indian Express, “Students enrolled in an MIM programme usually do not have full-fledged or years of experience as opposed to MBA students who have a few years of professional experience under their belt.”

The MIM nomenclature is popular in Europe with well-known schools such as the London Business School, HEC Paris, ESCP Europe, Duke Fuqua and Bucconi offering MIM as their flagship degrees.

However, according to government sources, IIMs will have to consider a bunch of factors before settling on a name for their postgraduate degree. For starters, MIM is doesn’t figure on the list of approved degrees under Section 22 of University Grants Commission Act, 1956.

According to the UGC list, MBA and Masters in Management Studies or MMS are the only two names that are approved for two-year management programmes being offered by higher education institutions in the country. It’s not clear if the Ministry will intervene in this matter and advise the B-Schools to stick to the list of approved degree nomenclature.

The IIM Act was passed by Parliament on December 20, 2017. The law makes each of the 20 IIMs an ‘Institution of National Importance’, like the IITs, NITs and AIIMS. In other words, it empowers them to grant degrees to students.

Earlier, all IIMs were separate bodies registered under the Societies Act. Since societies are not authorised to award degrees, students admitted to their Master’s programme are given a PGDM. Similarly, those pursuing doctoral studies are awarded the title of a ‘Fellow’ at the end of their research.

Although the PG diploma and ‘Fellow’ title are recognised by the Association of Indian Universities and the HRD Ministry as being equivalent to an MBA and a Ph.D degree respectively, the equivalence is not universally accepted, especially for the Fellow programme, which prompted the government to conceive the Act.

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  1. Kokila S
    Mar 15, 2018 at 1:04 pm
    I think its a good thought I agree with year course is very useful for everyone because they can start early life.and who want know the proper details about this course they can learn in a short period.this is the wonderful full thought.i this everyone can easily complete their education they can do successful india.everyone can change this country why I should tell this who wants study they can easily complete in one year and finally thank you to give this wonderful opportunity to talk
    1. Tushar Sadhye
      Mar 6, 2018 at 9:44 pm
      So then what's MMS?
      1. S
        Mar 6, 2018 at 10:24 am
        Call it MIM. Owaisi will be happy and may be given an honorary degree.
        1. S
          Mar 6, 2018 at 9:38 am
          Is Ins ute name important or the name of the degree? After passing out Most of these students are going to get placement from campus interviews. So the employers already know they are going to employ IIM graduate. How does it matter whether he has experience under his belt or not. The qualification criterion should clearly say IIM graduate with "x " years professional experience under the belt before enrolling for IIM , if they are interested in having graduates with such experience.
          1. R
            Mar 6, 2018 at 9:14 am
            Call it an MBA, for god's sake. MBA is a globally known degree. If you call it MIM, all your graduates will have to explain that an MIM is the same thing as an MBA every time someone asks about their degree.
            1. D
              Mar 6, 2018 at 11:06 am
              Except that an MBA is like a PHD not a master degree. MBA is generally something that people do after 2-3 years of work post their master degree. Masters in Management, Master in Business Engineering, Master in management and economics, etc are all recognised globally.
              1. Laxmi Prashad Joshi
                Mar 6, 2018 at 2:42 pm
                Yes, call it Master in Management or Master in Management Studies (MMS) as per Sec.22 of UGC parliament act.1956 to avoid further legal hurdles on the way of awarding degrees. Moreover, 2yrs. MBA of IIMs will not be acceptable in abroad since IIM students do not have full fledged experience as per the requirement which was main purpose of awarding degrees. In India PGDM is best for all purposes.
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