Comparative evaluation of Indian technical institutions using distance based approach method

Purpose - Due to liberalization, privatization and globalization, the need of competent technical manpower at an economical cost is increasing rapidly. Many foreign multinationals are focusing on India for employable talents. Many technical institutions with cutting edge technologies and leading edge techniques are being set up by foreign collaboration, national and private initiatives. The objective of this study is to propose a model for performance evaluation and benchmarking of Indian technical institutions from perspective of all stakeholders.Design methodology approach - For the proposed framework, a multiple criteria decision-making tool, distance-based approach (DBA) methodology is applied for performance evaluation of seven Indian technical institutions taking into account some selected criteria like, faculty strength (FS), student intake (SI), number of PhD awarded (PhD), number of patents applied for (patent), the campus area in acres (CA) and tuition fee per semester in rupees (TF). Consulting the experts in various fields with the help of certain questionnaire and aggregating their views by conducting ameliorated nominal group technique session, we select these evaluation criteria. The subjective weights of the criteria are determined using analytic hierarchy process (AHP). For the analysis, the required data are collected from annual report published by Ministry of Human Resource and Development (MHRD) for the year of 2007-08.Findings - In this paper, we have chosen seven centrally funded technical institutions for study and the institutions are coded as A, B, C, D, E, F and G. The result of the study reveals that A is the best and F is the worst. The ranking we get is in the order of A B E C G D F. From the result it is understood that A can be considered as benchmark for B, C and E (which form the second group) and this second group can be considered as an improvement target for the rest. At the end a holistic technical education system model (HTESM) is proposed.Originality value - This paper is one of the few studies that evaluate the performance of technical institutions in India. The novelty in the approach is that DBA and AHP are being used as a benchmarking technique in a simple methodology which is generic in nature.