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IGNOU Signs an MoU With Maharashtra Knowledge Corporation Ltd to offer Work-based Bachelor of Business Administration(Services Management) Programme

21 October, 2019

                                                         Media Release

IGNOU Signs an MoU With Maharashtra Knowledge Corporation Ltd to offer Work-based Bachelor of Business Administration (Services Management) Programme

IGNOU has signed an MOU with Maharashtra Knowledge Corporation Ltd. (MKCL) to offer Work-based Bachelor of Business Administration (Services Management) Programme, (BBA @ Workplace).  This MOU aims to offer an innovative work-based Bachelor of Business Administration (Services Management) programme for young aspiring professionals who want to pursue a bright career in Services Industry Pan India. The MOU was signed by Dr. V.B. Negi, Registrar (Admn.), IGNOU, and Mr. Vivek Sawant, Managing Director of MKCL in the presence of Prof. Nageshwar Rao, Vice Chancellor, IGNOU.

 Welcoming the MKCL’s Managing Director Mr. Vivek Sawant, and the other team members of the delegation which included Mr. Sharad Marathe, Founder, UTS (India) Pvt Ltd, Prof. K. Ravi Sankar, Director, School of Management Studies, IGNOU said that the unique pedagogy adopted by MKCL for the Bachelor programme which predominantly is online based with learning while working focus, got him interested in the joint programme with MKCL. He added that he is hopeful of the success of the programme as it draws strengths from both the organization benefiting the learner.  

 Mr. Vivek Sawant, Managing Director of MKCL expressed satisfaction while appreciating the quick roll-out of the programme from IGNOU which he said would give it a scope to take the Work-based Learning model across India. While talking about the uniqueness of the programme for the learners he said that students learn better by doing and it follows the principle of “Nai Talim” as envisaged by Mahatma Gandhi which stresses learning while working for better learning outcomes. He also added that the programme structure also ensures better employability for the learner and lower attrition rate for the employer.  

 Mr. Sharad Marathe, Founder, UTS (India) Pvt Ltd while explaining his role stated that he has been here as someone who wants to see smooth roll-out of the programme and is happy playing the role of a catalyst to fast-track such initiatives. He cautioned that unless we provide employability to our burgeoning youth population, we run the risk of demographic dividend becoming demographic liability.

 Prof. Nageshwar Rao commended the launch of joint programme with MKCL which he said would help not only in learning for the enrolled students but also earning by way of stipend during the programme. He hoped that the success of the programme would pave the way for this partnership to be extended to other programmes of the university.

 The MoU was signed in witness of PVCs of IGNOU and other faculty members of the School of Management Studies. Ms. Veena Kamat, CEO and Dr. Revati Namjoshi from MKCL were also present. They also shared their views on the programme and other possible synergies between IGNOU and MKCL.