Govt asks B-schools to shut 5 year MBA courses
All India Council of Technical Education (AICTE), country's technical education regulator, has directed the management institutes to shut down the five-year MBA courses from the 2016-17 session. These courses, the regulator said, “were not in line with UGC approved programs”. The students currently pursuing these courses will be given an exit option at the completion of three years, AICTE added.