Department of Business Administration

This department is to be transferred to the new Management Complex i.e Frank & Debbie Islam Management Complex

Nice Department Opposite To Residential Coaching Academy.

Aka Frank and Debbie Islam Management Complex named after its contributors.
I have done my MBA from here and trust me the faculty here is very prestigious and very qualified. The infrastructure is very grand and is a brain child of Prof Parvez Talib.

Being the Courtmember of this magnificent department as well , I would say it is quite an honour. We have the infrastructure from outside but in the long run what we require is devolopment from within and that is what I shall try to achieve during my time here if not completely, I surely will leave footsteps which generations can follow. There are other minute problems too, like mismanagement and the lack of a computer lab but as I said this are minute problems which will be fixed in the coming months.

AMU has been at the forefront of the development of management education in India. Efforts were initiated in 1965 and a one-year Diploma in Business Administration was started under the aegis of the Department of Commerce. In 1969, it was replaced by a three-year part-time Diploma Program in Business Management (DBM), which was converted in a part-time, three-year program leading to the Master of Business Administration (MBA) in 1972. In the same year, a separate Department of Business Administration was created. The three year part-time MBA program was further upgraded into two year full-time MBA in 1976.

Management Department of Aligarh Muslim University.

AMU has been at the forefront of the development of management education in India. Efforts were initiated in 1965 and a one-year Diploma in Business Administration was started under the aegis of the Department of Commerce. In 1969, it was replaced by a three-year part-time Diploma Program in Business Management (DBM), which was converted in a part-time, three-year program leading to the Master of Business Administration (MBA) in 1972. In the same year, a separate Department of Business Administration was created. The three year part-time MBA program was further upgraded into two year full-time MBA in 1976.

The department also launched one Post Graduate (Full Time) Diploma in Islamic Banking and Finance 2010. Two part-time, P.G. diploma courses, one each in Marketing Management and Personnel Management, were introduced in 1984. The Master of Business Administration (International Business) program, introduced in 1993. Regular Ph.D. programs in Business Administration were also started along-with the creation of the Department. Apart from all these degree and diploma courses, PhD in Business Administration is also offered in collaboration with All India Management Association (AIMA) for executives, managers, central & state government and military personnel etc. This program has received an overwhelming response.
Mission : "To develop entrepreneurial orientation and provide institutional support to budding , entrepreneurs amongst the students"

Introduction:

In the wake of economic liberalization during the 1990s, significant number of institutions of higher learning have also been promoted by the private sector. Today we have, in order to make optimal use of facilities, expertise and know-how available in these institutions for the benefit of the society, it is necessary that appropriate links are established between them and the industry. In addition, young technocrats are also looking out for opportunities to exploit their full potential by setting up their own ventures thus becoming "job generators" rather than "job seekers". This necessitates systematic interventions and new instruments which could facilitate the development and growth of new ventures by management and techno-educators.

In this context, some of the mechanisms which have become popular the world over include Science Parks, Technology Parks, Technology Business Incubators, Schools of Small Business Development, Innovation Centres, Entrepreneurship Development Cells (EDCs) etc.

Thus, it is necessary to develop mechanisms so that academic institutions could focus their attention on entrepreneurship & self-employment in addition to their present mandate of churning out trained manpower. Adequate infrastructure is available at most of the academic institutions for promoting Entrepreneurship. What is required is to fill the gaps in the form of trained faculty and focused programmes to inculcate entrepreneurial spirit amongst the Business Management graduates. Many MBA students choose Entrepreneurship as their final year elective and focus of pursuing entrepreneurship as a career option by choice, rather than merely assuming supervisory/managerial positions in various enterprises. Thus, they would be able to participate directly in the economic development of the country. Hence the need to promote Entrepreneurship among Science, Technology and Management students.

Islamic Finance:

There is almost consensus that recent financial crisis triggered from the sub-prime market and spread to entire financial system. Among the cause of the crisis two factors: leverage and financial innovations are considered to be kingpin of the crisis. Kenneth Rogoff and Carmen Reinhart after analyzing data spanning over centuries state that " if there is one common theme to the vast range of crises., it is the excessive debt accumulation, whether by government, banks, corporations or consumers" The world still has not yet come out of the crisis. The Euro zone crisis is threatening to wreck the world financial system. Fixing the world financial system has assumed never before

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