For the first time DU (Delhi University) is offering BMS (Bachelor of Management Studies), a management program offered at the under-graduate level, which has created a lot of curiosity in aspirants.
Courses included under the new program are:
- operations research
- macroeconomics and global environment
- investment and risk management
- accounting for managers and basic econometrics
- principles of marketing management
- corporate strategy
- international trade and finance
This new program aims to create new frontiers of knowledge and standards of achievement to mould responsible, ethical, committed and active managers out of the students, by way of sharpening their latent skills, developing the qualities of leadership in order to influence and change the society as well as the organization in significant, positive and wholesome manner.
The course content of the program is very strong. The courses studied under it will help the students in understanding the various aspects of managing a business. Ample weightage is given to the econometrics aspect in order to strengthen students’ foundation for a higher degree in management. An interesting mix of courses from economics, management and commerce are being offered in this program. However, management students will also study the foundation courses in their first 2 years.
Through discipline 1 course, the common aspects of BBE and BBS have been combined while; the variations have been taken care of in the six discipline 2 courses. Therefore, in the 3rd semester, the specializations in investment and financial analysis, etc, will be included.
Colleges offering BMS program this time are:
- Shaheed Sukhdev College of Business Studies
- Keshav Mahavidyalaya
- Deen Dayal Upadhyaya
- College of Vocational Studies
- Bhim Rao Ambedkar College
- Maharaja Agarasen College
Around 840 seats are there for this program and online registration for the same will be available till Monday, June 10.
Quite a few colleges offering business oriented courses at the Bachelor level are unhappy with DU’s decision to let only 6 colleges’ offer BMS course. Out of the 13 colleges under DU, which used to offer the 3 courses - BBS (Bachelor in Business Studies), BBE (Bachelor in Business Economics) and BFIA (Bachelor in Financial and Investment Analysis), which has been replaced by the new BMS, only about 6 colleges are offering the same and many questions are being raised about the selection criteria of the college.
Teachers from SGGS College of Commerce and SGTB Khalsa, SGND Khalsa, which used to offer one or more of the same courses, have submitted a petition to “reconsider” the selection of colleges at the office of the Dean of colleges, on Thursday, June 6. As per the colleges, they have been successfully running the courses since 2006 and the entire batch was placed not a single student was left unemployed.
The decision of the university authorities might create a problem of managing workload in these colleges, which shall be offering BMS. As per the petition, “While replacing the courses, an understanding was given to all colleges that BMS course shall be given by default to all the 13 colleges, which have been offering BBE, BBS and BFIA course."
The petition also mentioned that, “the seven colleges, despite having a strong faculty base, past performance, excellent placement track record and well-established infrastructure have been denied the introduction of BMS course for unknown reasons. It is disheartening to note that discontinuation of this course will make all the teachers of this course surplus and the specific infrastructure created for this course redundant." After the announcement of the list of colleges, a meeting was held, in which this petition was signed.
University took the decision whimsically and people knowing least about the subject have decided on the same. For SGTB Khalsa, there were about 50 seats for the course, which have been re-distributed.
The university has created a high powered committee to look into the selection of colleges but no public document is there for enumerating the parameters considered. In the meeting of EC (Executive Council), which was held on Friday, June 7, the issues of infrastructure and audit report as well as selection criteria were raised, since the announcement on the list of colleges done before was either discussed by the AC (Academic Council) or EC.
However, the AC has authorized the vice-chancellor for taking the decision while the EC has not.
Source: The Times of India
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