Indian B-schools have been growing
both in size and strength over the last full decade keeping in line
with the spectacular advances made by the industry and economy in the
same period. An estimated 2000 B-schools are existing at present and
the industry is growing at a scorching 20 to 25 per cent year on year
growth with the return on investment ROI at a whopping 30 per cent average.
The pundits estimate that the education industry would add three to
five times its present capacity in the next five years time. Phenomenal
opportunities for investment, returns and careers. But before that a
lot needs to be done in unshackling the B-schools from a repressive
unimaginative policy regime and introduce them to the culture of self
regulation for competency and capacity building.
The coming challenge
is to build capacity with quality.
B-schools are expanding their
capacity, aligning with the global players through dedicated tie-ups,
experimenting with global practices in pedagogy, curriculum, infrastructure
building, faculty acquisition and training, building intellectual capital
and so on.
Standards for Educational
Advancement and Accreditation Trust (SEAA) was
thought of as a workgroup of professionals from academics and corporate
to advance the cause of higher education quality in India. SEAA is committed
to self assessment process for regulation of quality in education at
all levels particularly that of higher education. Business schools are
the focus area of SEAA in its effort to bringing in global benchmarks
for quality in input, process and output of the Indian B-schools
SEAA has fulfilled its mandate
to a large extent in merely months after it was formed endorsing the
underlying commitment and passion of its team.
SEAA
MILESTONES
Formed in August 2008
International
Accreditation Seminar 2008 in November 10th & 11th,
in association with AMBA's UK
Two
Accreditation Roundtables at Delhi & Cochin in
April 2009 with North Carolina Central University (NCCU) USA
Regional
Accreditation Seminar - Pune 22nd July, 2009 with AMBA
UK
Regional
Accreditation Seminar - Bangalore 24th July, 2009 with
AMBA UK
India
Accreditation Benchmarks Conference - Hyderabad
on August 27, 2009 with ACBSP of the USA
International
Accreditation Conference 2009 - New Delhi
in November 9 th & 10th with AACSB Intl, AMBA, EQUIS, ACBSP, IACBE
& SAQS
Regional
Accreditation Conference 2010 - Benguluru with AACSB
International