Management & Entrepreneurship and Professional Skills Council (MEPSC)

About Management & Entrepreneurship and Professional Skills Council (MEPSC)

• MEPSC is a horizontal Sector Skill Council (SSC) incorporated as a Section-8 (Not for Profit Company) under the Companies Act, 2013, in a one of its kind, Public-Private Partnership (PPP) model.
• The Council has been working under the tutelage of the Ministry of Skill Development.
• It is being promoted by All India Management Association (AIMA), the apex body of management profession in India, as its sole promoter.
• MEPSC is a recognised awarding body by the skills regulator, the National Council for Vocational Education and Training (NCVET), and is supported by the National Skill Development Corporation (NSDC).
• MEPSC is targeting to train and certify approximately 4.75 lakh trainees, develop and frame 50 Qualifications Packs (QPs)/National Occupational Standards (NOS), and train more than 550 trainers over the next 10 years.
• MEPSC shall be leading skill development initiatives in five key segments namely
  • Training and Assessment
  • Office Management
  • Professional skills (including Security)
  • Non-Teaching job roles in the education Sector
  • Entrepreneurship
• The MEPSC Board is comprised of several equally renowned and experienced business leaders, academicians, NSDC, AIMA, and Ministry officials.

Key Facts about All India Management Association (AIMA)

• AIMA was created as an apex body of the management profession with the active support of the Government of India and Industry in 1957.
• AIMA is a not-for-profit, non-lobbying organisation, working closely with industry, government, academia, and students to further the cause of the management profession in India.
• AIMA has a membership base of over 38,000 members and close to 6,000 corporate /institutional members through 67 Local Management Associations affiliated with AIMA.
• It is represented on a number of policy-making bodies of the Government of India and national associations.
• AIMA offers various services in the areas of testing, distance education, skill development & training, research, publications, executive education, and management development programmes.
• Apart from its flagship Post Graduate Diploma in management, AIMA offers topical and industry-oriented programmes and initiatives to help management professionals and students keep in step with the times while offering state of the art business solutions for organisations and institutions.
• AIMA is frequently co-opted by the Government on specialised committees. 
• AIMA is an active member of the Asian Association of Management Organisations (AAMO), which is the Asia-Pacific regional body of the World Management Council (CIOS).

Q1) What is the National Skill Development Corporation (NSDC)?

National Skill Development Corporation (NSDC) is a not-for-profit public limited company incorporated on July 31, 2008 under section 25 of the Companies Act, 1956 . NSDC was set up by the Ministry of Finance as a Public Private Partnership (PPP) model. NSDC aims to promote skill development by catalyzing creation of large, quality and for-profit vocational institutions. Further, the organisation provides funding to build scalable and profitable vocational training initiatives.

Source: Management & Entrepreneurship and Professional Skills Council (MEPSC) and Magic Bus India Foundation signs MoU to Equip and Empower Youth