AICTE approves closure application of 150 colleges

The All India Council for Technical Education (AICTE) approved the request to shutdown around 150 colleges. The reason given by these colleges were their in-ability to fill the seats.

According to HRD Ministry sources, more than 200 technical institutions submitted applications for closure of courses due to various reasons, including poor admission. Of these, 143 have been permitted.

Andhra Pradesh - 56
Uttar Pradesh - 17
Rajasthan - 18
Gujarat - 13,
Maharashtra - 7
Haryana - 6
Punjab - 6
Chhattisgarh - 6
Karnataka - 5
Madhya Pradesh - 5
Tamil Nadu - 2
Bengal - 2
Uttarakhand - 1
Bihar - 1

"Against this backdrop, the Government has put a check on growth of private engineering colleges. The total number of permissions granted to start new engineering colleges during 2009-10 was 250. It came down to 171 in 2010-11," said a source.

AICTE has already stopped giving approval to any new college till 2014.

IIM Ahmedabad director likely to get 1 Crore package

Indian Institute of Management, Ahmedabad (IIM-A) has planned to increase the yearly package of its Director to Rs 1 Crore, a five fold increase from Rs 20 lakh. The new package will help in attracting the best minds to head the institute. Board of Governors (BOG) have already made up their minds to give approval to increasing package hike. Samir Barua's term ended in November, 2012 but has been given extension till next director is appointed.

GMAT add 'INTEGRATED REASONING' section

The Graduate Management Admission Test (GMAT) exam has introduced a new section named "integrated reasoning". This new section will measure a student's ability to convert data from multiple sources and in different formats into relevant information to solve problems. It will involve synthesizing data presented in graphics, text and numbers, converting data from multiple sources into meaningful information, organizing information to see relationships and solve multiple, interrelated problems and combining and manipulating data from one or more sources to solve complex problems.

AICTE to hold CMAT twice a year from 2013

AICTE has decided to conduct Common Management Aptitude Test (CMAT) twice a year from 2013. The entrance exam will be conducted after a gap of 6 months. This would help interested candidates to sit again for the entrance test. The best score would be considered while admission in any B-School. From 2013 it will be mandatory for all AICTE approved colleges to take admission by considering CMAT scores.

GMAT to test students Visual Interpretation skills in 2012

GMAT (Graduate Management Aptitude Test) has introduced the new section integrated reasoning in 2012. The question paper is being changed after 17 years. A lot of students appear in GMAT to get admission in good B-School. The new section, named Integrated Reasoning, will have four formats. Graphic interpretation , Multiple-source reasoning , Table analysis. For the first time, GMAT will provide candidates an on-screen calculator. This can be used only for the fourth format called two-part analysis.

Single test for admission to all AICTE approved B Schools ?

All India Council for Technical Education ( AICTE ) had come up with the unique idea to conduct Common Management Aptitude Test ( CMAT ) for admission to all AICTE approved management colleges for MBA courses and post graduate diploma in business administration. It was a great move as students had to appear for one single exam and not multiple exams. But the idea was challenged in court, thus AICTE will be conducting the regular CMAT exam in the year 2012 and students will have to appear for multiple entrance test.