question_answer

'Millenium' is a reputed B-school of Jaipur. It is offering lots of management degree programmes in the fields of finance, marketing, human resource, rural development, hospitality and information technology. The institute advertises that it has a 100% placement records, with many of its students being placed in top MNCs across the globe. The highest salary package to a student of the institute was Rs. 12.5 lakh per annum. The advertisement also shows the campus to be well infrastructured. Influenced by this advertisement, hundred of students take admission in this institute. On taking admissions, the students learn that the campus shown in the advertisements was not the one that they were studying in and also that the institute is running only diploma and certificate courses, as it is not recognised by AICTE and therefore cannot issue degrees. The placement statistics were also misleading.

(i) As per your understanding, what are the values missing?

(ii) What steps should be taken by the student against these frauds?

Answer:

(i) As per our opinion, the social and ethical values are missing. They are cheating the students, who are the pillars of nation. If they will be successful in their career, they can contribute a lot towards the development of our nation. But by providing misleading information, they are cheating students and spoiling their careers. (ii) Following steps should be taken by the students: [a] Students should boycott against this and provide all information of cheating and fraud to the local print media. [b] Students should not blindly believe on the words of counsellors. They should collect all relevant information from different possible sources. [c] They should ask for redressal against unfair practices of the institute and can also ask for the compensation.