Apex & Professional Bodies
Apex & Professional Bodies - Hyderabad
It is a little known fact (known only in the management circles) that many of the national level apex bodies in the management field are based out of Hyderabad. This implies getting professional guidance and support for business based in this city is quite easier.
Association of Management Development Institutions in South Asia (AMDISA)
The Association of Management Development Institutions in South Asia (AMDISA) was established in 1988, with the initiative of leading management development institutions in the South Asian Association for Regional Cooperation (SAARC) region. Corporate office located in the Hyderabad Central University campus, AMDISA is an international not-for-profit association, and is a “SAARC Recognised Body”. It has 206 Members, of which 187 are Institutional Members from the SAARC region and 14 Reciprocal Members. The Reciprocal Members are Institutions with similar objectives outside South Asia and includes Institutions such as Association to Advance Collegiate Schools of Business (AACSB) International, USA; European Foundation for Management Development (EFMD), Belgium; Russian Association of Business Education (RABE), Russia; Central and East European Management Development Association (CEEMAN), Slovenia; Association of Business Schools (ABS), UK; Australia and New Zealand Academy of Management (ANZAM), Australia, etc. Membership is available to management development networks all over the world.
Association of Indian Management Schools (AIMS)
AIMS is a networking organization of business schools in India with its corporate office based in Hyderabad. Founded in 1988 as a registered society, the Association of Indian Management Schools (AIMS), has since grown into a powerful network of over 640 top management schools of national and international repute in the country. A non-profit professional organization, it is the second largest network of management schools in the world and the official representative of Indian Management Schools in India as well as in some important international forums.
AIMS had a strong presence at international annual conferences of Global Forum, AACSB, EFMD, ACBSP, AMDISA right from 2005 onwards. One of the major activities of AIMS is its policy advocacy role to safeguard the interests of B-Schools in all respects. AIMS currently is divided into four regions – North, East, West and South (NEWS) – to spread its mission all over the country.
National Human Resources Development Network- Hyderabad
The National HRD Network is the National Apex body of professionals committed to promoting the HRD movement in the country and enhancing the capability of human resource professionals to compete globally and thereby creating value for society. Towards this end, National HRD Network is committed to the development of human resources through education, training, research and experience sharing headquartered out of Hyderabad.
Established over 25 years ago, NHRD is autonomous; not-for-profit professionally managed organization, playing a catalyst role in grooming Leaders for Tomorrow. It has 12,500 members representing, Multinationals, Public & Private organizations including Government, MSME & NGOs spread across 30 chapters in India and serves as a reference point for HR Professionals in Indian Industry.
Administrative Staff College of India, Hyderabad
Ever since it was established in 1956, Administrative Staff College of India (ASCI) fuelled the process of professionalizing management, by synergizing a symbiotic blend of management development and training, consultancy and research. This unique blend coupled with information technology pursuit is structured to develop strategic thinking, reformist leadership, and state-of-the-art skills among practicing managers in India and the developing world. It thus envisages achieving competitive dominance by confronting existing and emerging challenges and effectively managing regulatory, government, commercial and non-commercial organizations. Over 75,000 participants from industry, government and non-government organizations in India and the developing world have taken advantage of nearly 200 management development programmes offered by ASCI every year and over 300 organisations have reaped benefits from its research and consultancy services.
Insurance Regulatory and Development Authority (IRDA) is an autonomous apex statutory body which regulates and develops the insurance industry in India. It was constituted by a Parliament of India act called Insurance Regulatory and Development Authority Act, 1999 and duly passed by the Government of India. The agency operates from its headquarters at Hyderabad, Telangana where it shifted from Delhi in 2001. IRDA batted for a hike in the foreign direct investment (FDI) limit to 49 per cent in the insurance sector from the erstwhile 26 per cent. The FDI limit in insurance sector was raised to 49% in July 2014.
The IRDA Act, 1999 was passed as per the major recommendation of the Malhotra Committee report (7 jan,1994) which recommended establishment of an independent regulatory authority for insurance sector in India. Later, It was incorporated as a statutory body in April, 2000. The IRDA Act, 1999 also allows private players to enter the insurance sector in India besides a maximum foreign equity of 26 per cent in a private insurance company having operations in India. The Insurance Bill proposes to raise the FDI limit in insurance sector to 49%. Proposed by UPA government in July 2013, it is still pending discussion in Rajya Sabha. It serves as an Authority to protect the interests of holders of insurance policies, to regulate, promote and ensure orderly growth of the insurance industry and for matters connected therewith. IRDA role is to protect rights of policy holders & they provide registration certification to life insurance companies & responsible for renewal, modification, cancellation & suspension of this registered certificate.
Institute of Risk Management (IRM)
The Institute of Risk Management (IRM) is the world’s leading enterprise-wide risk education Institute. We are independent, well-respected advocates of the risk profession, owned by practising risk professionals. IRM passionately believes in the importance of risk management and that investment in education and continual professional development leads to more effective risk management. We provide qualifications, short courses and events at a range of levels from introductory to expert. We support risk professionals by providing the skills and tools needed to put theory into practice in order to deal with the demands of a constantly changing, sophisticated and challenging business environment. IRM operate internationally, with members and students in over 100 countries, drawn from a variety of risk-related disciplines and a wide range of industries. IRM qualified member grades (MIRM, CIRM and SIRM) are recognised worldwide as the sign of a qualified risk management professional and are achieved through examination and recognition of relevant prior learning. Fellowship (FIRM) follows through accredited practical experience.
College of Defense Management
College of Defence Management is a premier tri-service institution imparting management training to officers of Defence Services. The College of Defence Management is entrusted with the responsibility of instilling contemporary management thoughts, concepts and practices in the senior leadership of the three Services. Its Vision and Mission is to develop and impart the skills of management thought that leads to effective decision making, enlightened leadership and efficient resource management in a knowledge centric environment to enhance the effectiveness of the armed forces economies. It allows to gain an insight into the Indian business environment and to get the opportunity to develop a wealth of network through interactions with industry leaders.