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.
In October of this year, IIPM will shut down 18 campuses, once the already-under-session batches finish their courses.
“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.
UGC and AICTE have been alleging that IIPM issues degree certificates, while Chaudhuri claims they issue diplomas.
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.
However, news of the shut-down has shocked many because Chaudhuri has always defended IIPM, even taking matters to court.
When AICTE had blacklisted IIPM in 2013, Chaudhuri told ‘Business Standard’ that he wouldn’t seek recognition from either UGC or AICTE. He sees this new turn as an opportunity to reach “thousands of students across different campuses”.
IIPM (called IIPM 2.0) will now enter into technical collaboration with other institutes rather than have its own campus.
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.
In any case, Chaudhuri’s other ventures – his company Planman Motion Pictures, editor-in-chief of ‘The Sunday Indian’, and writing books – ought to keep him busy.
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.
Here’s a video of the Unglis trolling Chaudhuri and “celebrating 1 month of the FIR against IIPM 2.0” with a parody of Linkin Park’s “Numb”.