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

Business and Management
Modern business education in India began during the British rule, with the first collegelevel
business schools established in the early 20 th century. After Independence, the
government introduced the commerce stream at the higher secondary level. Traditionally,
business education programs such as B.Com focused on the commercial side of business
and emphasized skills and knowledge relating to business transactions and processes. The
1980s saw the emergence of management education such as MBA and BBA, which
focuses on overall business functions and management principles and prepares students
for executive level positions. The AICTE prescribes norms and standards about various
levels of management education. Following are some examples of business and
management programs at the sub-degree level.
The Diploma in Hotel Management and Catering Technology involves three years of
fulltime study following the completion of Class 12. The program is available at some
polytechnics and the National Council for Hotel Management and Catering Technology.
The council is planning to offer a one-year Post Diploma in Hotel Management and
Catering Technology for three-year diploma holders, which will be considered equivalent
to a four-year Bachelor’s Degree in Hotel Management and Catering Technology.
The Diploma in Modern Office Practice involves three years of fulltime study,
including six months of industrial training, following the completion of Class 12. Please
refer to Appendix 12 for a sample program structure.
The Centre for Management Education of the All India Management Association
(AIMA) offers the following certificate/diploma programs in management:
– Advanced Diploma in Management: It is offered in various areas of management
including finance, marketing, human resource development, and enterprise
management. Entry is based on a three-year diploma or a bachelor’s degree in any
discipline. The program lasts six months fulltime, though students are allowed a
maximum of one and a half years to complete all assignments and case studies.
– Postgraduate Certificate in Management: It is offered in the areas of human
resource development, international business, marketing, finance, retail management,
travel & tourism, and pharmaceutical marketing. Entry is based on a three-year
diploma or a bachelor’s degree in any discipline. The program lasts one year,
comprising two sixth-month modules.
– Postgraduate Diploma in Management: Entry is based on a bachelor’s degree in
any discipline. The program lasts two years, comprising four six-month modules. The
first, second and fourth modules are common to all students, while the third module
provides the option to specialize in one of seven areas: marketing, finance,
international business, human resource, operations, information systems, and
insurance. A certificate is awarded upon completion of each module:
1. Diploma in Management (Module 1)
2. Advanced Diploma in Management (Module 2)
3. Professional Diploma in Management (Module 3)
4. Postgraduate Diploma in Management (Module 4)
Page 72 of 123