Mahesh Sharma of Careers 360 does the right thing by fact-checking the claims made by IIPM .
[Following an alert from a colleague, I found the link to this story from the website of Outlook; I have no idea about the link between Outlook and Careers 360.]
Here's a quick summary from Sharma about what he did; it is followed by all the gory details, starting with IIPM"s claim that its students receive BBA/MBA "degrees" from an institution called IMI in Belgium:
... We sent mails to all those, that IIPM draws upon to validate its claims in its advertisements, namely - journalists, editors, foreign universities, employers. We spoke to current and former students and their parents. What our investigation unravelled left us cold. Here is an institution that enjoys all the privileges of an academic institution (according to IT authorities, it claimed exemptions citing Section 10(23C) (VI) of the Income Tax act, 1961) with zero responsibility and accountability. Here is an institution that brazenly uses its power and reach to make unsubstantiated claims that play with the lives of students and parents alike. We know we are opening a Pandora's Box, but are prepared for the repercussions, knowing fully well that you, our readers are with us. We were shocked by our findings, and what you are reading is just a part of it. We await your verdict.
The irony of a fake university claiming income tax concessions meant for academic institutions is just awesome!
In case you have forgotten IIPM's brush with the desi blogosphere, you might want to start from this post.