India’s premier technical institutes, including IITs and IIMs, will be put to test soon. All centrally funded technical institutions, Indian Institutes of Technology (IITs) and Indian Institutes of Management (IIMs) will conduct internal departmental reviews and be assessed by an external panel every five years.
This peer review by academia and industry, according to international benchmarks, is expected to bring about transparency and accountability to the institutes and could start from next year.
On Monday, the IIT Council gave the nod for all IITs to be subjected to a peer review. Elaborating on the decision, MoS in the HRD ministry M M Pallam Raju said, “The Council of IITs decided that the peer review of each institute would be carried out on a periodic basis, once in every five years. IITs need to review themselves in terms of what is happening academically, in terms of research, in terms of evolutions towards meeting world standards.”
The move comes at a time when only a handful of India’s tech institutes have made a mark globally. The peer review will be based on similar well-established review systems in world-class institutions and would be forward looking.
Each IIT will similarly undertake an in-house, departmentwise review before any external peer review is carried out, the minister said. The review panel would consist of five eminent persons from the industry and the academia.
For the new IITs, similar exercise will be carried out after they complete five years.
After tech schools, IIMs to hike fees too
Premier B-schools are now hiking their fees, too. If you’re planning to join the Indian Institute of Management, Ahmedabad (IIM-A) based on your excellent CAT 2012 score, be ready to shell out more than you’d budgeted for. With a total fee of Rs 16.6 lakh, the institute, which is ranked highest among all IIMs, leads the fee front. The increase will be applicable for the 2013-15 batch and the total intake will remain the same as last year (385). The fee for PGP students of the 2012-2014 batch of IIM-A for their first academic year was approximately Rs 7.4 lakh. IIM-A, in 2008, announced a nearly six-time increase in fee, from Rs 2 lakh to Rs 11.5 lakh for its flagship two-year PGP course in management. The fee was increased in the next two years to Rs 15.5 lakh for the 2012-14 batch.
Next to follow IIM-A is IIM-Raipur. Although it’s a marginal increase, the fee structure here is Rs 9.6 lakh compared to Rs 9 lakh last year (a hike of Rs 60,000). The other IIMs are yet to take a decision on fee hike.
This peer review by academia and industry, according to international benchmarks, is expected to bring about transparency and accountability to the institutes and could start from next year.
On Monday, the IIT Council gave the nod for all IITs to be subjected to a peer review. Elaborating on the decision, MoS in the HRD ministry M M Pallam Raju said, “The Council of IITs decided that the peer review of each institute would be carried out on a periodic basis, once in every five years. IITs need to review themselves in terms of what is happening academically, in terms of research, in terms of evolutions towards meeting world standards.”
The move comes at a time when only a handful of India’s tech institutes have made a mark globally. The peer review will be based on similar well-established review systems in world-class institutions and would be forward looking.
Each IIT will similarly undertake an in-house, departmentwise review before any external peer review is carried out, the minister said. The review panel would consist of five eminent persons from the industry and the academia.
For the new IITs, similar exercise will be carried out after they complete five years.
After tech schools, IIMs to hike fees too
Premier B-schools are now hiking their fees, too. If you’re planning to join the Indian Institute of Management, Ahmedabad (IIM-A) based on your excellent CAT 2012 score, be ready to shell out more than you’d budgeted for. With a total fee of Rs 16.6 lakh, the institute, which is ranked highest among all IIMs, leads the fee front. The increase will be applicable for the 2013-15 batch and the total intake will remain the same as last year (385). The fee for PGP students of the 2012-2014 batch of IIM-A for their first academic year was approximately Rs 7.4 lakh. IIM-A, in 2008, announced a nearly six-time increase in fee, from Rs 2 lakh to Rs 11.5 lakh for its flagship two-year PGP course in management. The fee was increased in the next two years to Rs 15.5 lakh for the 2012-14 batch.
Next to follow IIM-A is IIM-Raipur. Although it’s a marginal increase, the fee structure here is Rs 9.6 lakh compared to Rs 9 lakh last year (a hike of Rs 60,000). The other IIMs are yet to take a decision on fee hike.
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