Shri Dharmasthala Manjunatheshwara Institute for Management Development (SDMIMD), Mysore is double crowned management institute with two prestigious international accreditations - ACBSP and EFMD. Besides, SDMIMD is a Member for the Association to Advance Collegiate Schools of Business (AACSB). Moreover, Association of Indian Universities (AIU) has recognized the SDMIMD 2-Year Full-Time PGDM Program as being equivalent to MBA. The B-school also enjoys National Board of Accreditation (NBA). SDMIMD Mysore Application Open - Apply Now
With so many national and international accolades meeting the industry needs, SDMIMD, in the view of Dr N R Parasuraman, Director of SDMIMD, has improved the ranking considerably among top B-schools in India.
Talking to MBAUniverse.com on the SDMIMD achievements, Dr N R Parasuraman, Director, SDMIMD Mysore shares the importance of International Accreditations and substantial improvement in rankings in Indian Management Education & Research, academics at SDMIMD, gain for the faculty and students of SDMIMD and other key benefits. Below are given the excerpts of the interview
What International Accreditations have been earned by SDMIMD Mysore?
SDMIMD has earned ACBSP (Accreditation Council for Business Schools and Programs), USA; EFMD (European Foundation for Management Development) - EFMD's Program Accreditation System (EPAS). EFMD-EPAS Accreditation is for 2-Year PGDM Program.
SDMIMD is also the Business Educational Alliance Member for the Association to Advance Collegiate Schools of Business (AACSB)
How does the ACBSP & EFMD-EPAS Accreditation influence SDMIMD as a management institute?
We at SDMIMD feel that it is a validation for all the progress that the Institute has been making in both the academic and research fronts.
Has there been any role of International ACBSP & EFMD-EPAS Accreditations in improvement of SDMIMD Rankings also?
Yes, international accreditation, international tie-up, research activities, meeting the industry needs by the institute in terms of teaching and learning, and other developments in the institute have made us improve the ranking considerably.
How is SDMIMD Ranked in top rankings like NIRF, MBAUniverse.com, Business Today?
SDMIMD has always performed to be among the Top 50 B-Schools in the Country in all the B-School Surveys. The rating among the South India B-Schools and Private B-Schools for SDMIMD are quite satisfactory and we are placed within 30th Place.
NIRF has ranked SDMIMD among Top 100 B-Schools in the Country during 2018. In Business Today, pertaining to Placements SDMIMD has been placed at 71st position in 2018 and in MBA Universe ranking SDMIMD has been placed # 37 in 2018.
Has there been an improvement in the last few years? Please give some examples..
In the magazine 'Education World' SDMIMD was placed 59th in 2018. We have jumped to 29th position (30 place jump) in all India Ranking in 2019. Also, the ranking among B-Schools in Karnataka Region, SDMIMD has secured an improvement of 3 better positions, from 7th in 2018 to 4th in 2019.
In Business Today, pertaining to Placements SDMIMD has improved from 77th to 71st Place from 2017 to 2018. Pertaining selection process SDMIMD is rated 45th in 2018, in 2017 we were in 49th Place.
We have improved by 4 positions in MBAUniverse.com Rankings 2018 by getting 37th position as against 41in 2017.
In CSR B-School Survey from 11th in 2016, we have been placed 8th in 2018 in Top Super Excellence B-Schools Category. The performance in The Week-HANSA B-School Survey has shown considerable improvement from 65th place in 2016 to 58th place in 2018. SDMIMD was in 18th Place among Top B-Schools in South Zone in the year 2017, in 2018 we are placed in 13th Position. In Career 360 ranking SDMIMD has improved by 6 place jump and was placed at 29th position in 2018 among Top Private B-Schools as against 35th position in 2017.
What are the benefits of ACBSP & EFMD Accreditation for the SDMIMD students?
There are several areas by which students will be benefitted. First, students will now be passing out of an internationally benchmarked Institute whose standards and practices meet standards in similar such institutes around the world. Secondly, the Institute will be able to have greater number of foreign collaborations as a result of the accreditation and this will be to the benefit of the students at large.
What National Accreditations are earned by SDMIMD?
SDMIMD has earned National Board of Accreditation (NBA). Association of Indian Universities (AIU) has recognized the 2-Year Full-Time PGDM Program and given MBA Equivalence.
How has institute managed to improve Rankings and earn Accreditations?
Improvement in ranking is a matter of demonstrating improvements made year after year in the working of the Institute. We seek to constantly improve our activities and procedures and, in the process, seek better recognition. We are more in favor of rating agencies and processes which involve a campus visit, since we feel that we are then in a better position to show the veracity of data given as well as demonstrate firsthand the facilities for the students
Is there any change in admission criteria for 2020-22 batch at SDMIMD? Please share
We do not propose to have a substantially different process from the one that was followed last year. We give weights for >60% scores in SSLC, +2 and degree, with consistency getting an additional score. The weights will be higher for a consistent 70% score in all the three (and this automatically entitles them to a scholarship as well). Work experience and percentile obtained in CAT/XAT is given scores, but close to 40% of the scores will got for the personal interview and writing ability test.
Does SDMIMD propose to launch any new program in 2020?
WE wish to strengthen our 1-year PGCM, and perhaps go in for a richer Sports program than the certificate program we presently have.
Does SDMIMD have any scholarship scheme for high CAT/XAT scorers?
We have introduced a scholarship scheme by which students with CAT/XAT scores of 85 percentile or more (or valid GMAT score of 680 and more) are eligible for Rs.100000 each on getting admitted to SDMIMD. SDMIMD Mysore Application Open - Apply Now
Please share key USPs of SDMIMD
One of the key and prominent USPs of SDMIMD is that it has the great legacy of Dharmasthala, known for its philanthropic activities for centuries. Other important USPs of SDMIMD include - its Twin international accreditations - EFMD and ACBSP; the 15 international tie-up arrangements with leading accredited universities from different countries; Facility for student exchange for more than 30 students; 3 international conferences organized in campus; Facilities for students to be part of research projects with faculty; Supplementary offerings with NSE, AIMA, KPMG; 100% placements over the years; Great campus, with single room accommodation and facility for students to be part of socially relevant projects.
SDMIMD, Mysore is one of the leading B-schools in India. SDMIMD's flagship 2 year, full time, residential Post Graduate Diploma in Management (PGDM) program is approved by AICTE, accredited by NBA and ACBSP now. The Institute has been rated A** (A Double Star) by Credit Rating Information Services of India Limited (CRISIL) and Brickwork Ratings at the National level.
The AICTE approved PGDM, the flagship programme of SDMIMD, is designed to prepare students for the modern day industry which is undergoing a radical change in this globalized world. Students can opt to specialise in the areas of Marketing, Systems, Finance, Operations or Human Resource Management. Students have the opportunity to pursue dual specialisation. The application process for the batch 2020-22 is open now. SDMIMD accepts CAT/XAT/GMAT/CMAT exam scores to shortlist candidates for final admission round.
SDMIMD was established in 1994 and till date 24 batches of PGDM graduates have passed out from its portals, currently holding important positions in the Indian and foreign corporate and service organizations. Institute has a creditable placement record.
Stay tuned to MBAUniverse.com for more updates on SDMIMD Mysore