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International Qualifications Assessment Service (IQAS) - Shelby ...

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A bachelor’s degree in management such as the Bachelor of Business Administration<br />

(BBA), Bachelor of Business Management (BBM), and Bachelor of Business Studies<br />

(BBS) involves three years of fulltime study following the completion of higher<br />

secondary school (Class 12). Some institutions require applicants to pass an entrance<br />

examination.<br />

There are a variety of master’s programs in management such as the Master of Business<br />

Administration (MBA), Master of Management Studies (MMS), and Master of<br />

Public Administration (MPA). The Master of Business Administration (MBA) usually<br />

involves two years of fulltime study following the completion of a bachelor’s degree in<br />

any discipline. Some programs also have requirements for work experience. Students<br />

may choose one or two areas of specialization such as marketing or finance. Admission is<br />

usually based on past academic records, entrance examination (such as MAT) score, and<br />

an interview. In addition to regular coursework, the program contains practical<br />

components such as case studies, fieldwork, and training with an organization approved<br />

by the university. Students usually undertake a major project in the last semester.<br />

Postgraduate certificates/diplomas in management cover a wide range of management<br />

areas such as general management, financial management, human resource management,<br />

and international management. Programs last one, one and a half, or two years fulltime or<br />

up to three years on a part-time basis. Entry is based on a bachelor’s degree in any<br />

discipline, though some specialized programs such as Postgraduate Diploma in<br />

Agricultural Business Management (PGDABM) and Postgraduate Diploma in Materials<br />

Management (PGDMM) require a bachelor’s degree in a related area of specialization.<br />

According to the latest AICTE rules (2007), non-university-affiliated postgraduate<br />

programs in management fall into three broad categories:<br />

– Postgraduate Diploma in Management (PGDM) involves two years of fulltime<br />

study.<br />

– Postgraduate Diploma in Management for executives (Executive PGDM)<br />

involves 15 months of fulltime study, including 12 months on campus and 3 months<br />

of field-based dissertation. Applicants must have a minimum of 5 years relevant<br />

managerial/supervisory experience.<br />

– Postgraduate Certificate in Management (PGCM) involves at least one year and<br />

less than two years of fulltime study.<br />

Two-year postgraduate diplomas at the prestigious Indian Institutes of Management<br />

(IIMs), such as Postgraduate Diploma in Management (PGDM) and Postgraduate<br />

Diploma in Information Technology and Management (PGDITM), are recognized by<br />

the Association of Indian Universities (AIU) and the central government as equivalent to<br />

university master’s degrees for the purpose of employment and admission into doctorallevel<br />

programs in management. Please refer to Appendix 9 for a list of 32 institutions<br />

(including the IIMs) whose PGDM has been equated with MBA degree by the AIU.<br />

The Fellow of IIM is a doctoral-level program offered by IIMs that prepares students for<br />

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