Arindam Chaudhuri has been fighting regulators, UGC and AICTE, for nearly two decades. Back at the height of its popularity, IIPM had over 40,000 students along with 90 faculty members. It played host to speakers like Stephen Covey and Philip Kotler.
“A negative campaign was targeted at us,” states Chaudhuri. The fact is that IIPM was never afforded recognition by the UGC and AICTE. Without recognition, no institute of higher learning can give degrees to their students.
Indian School of Business is another higher learning institute that hasn’t got accreditation and it figures on the “unapproved” list of AICTE as well. Chaudhuri states that students are aware of the fact that they’ll get diplomas and not degrees.
In Chaudhuri’s estimate IIPM will now be like Uber and Radisson, business models that don’t own cars or hotels but help provide a service. The said institutes will already have accreditation, which will save Chaudhuri much hassle.
Shortly after the announcement of IIPM 2.0, an FIR was launched against Chaudhuri and his father, Malayendra Kisor Chaudhuri, for misleading, cheating and fooling students by charging a hefty fee for an unrecognized certification.