Top B-schools to challenge new AICTE rule
New Delhi: Several top private business schools in India have decided to petition high courts and the government against a contentious new rule by the All India Council for Technical Education (AICTE), the nation's apex regulating body for technical education. The institutes that will fie the petition include Xavier Labor Research Institute (XLRI) in Jamshedpur, Birla Institute of Management Technology (BIMTECH), the Management Development Institute and S.P. Jain Institute of Management and Research (SPJIMR) in Mumbai among others. These institutes had met on Monday to finalize the strategy for opposition of the new rule. The private b-schools are opposed against a notification by the AICTE that had been received on December 28, 2010 that prevented private b-schools from conducting their own admission tests for the postgraduate diplomas in management. The private b-schools have alleged that the implementation of the new rule could dwindle the quality of management education in Indi...