A leading private university is fined a huge amount of Rs 5 million for making bogus claims related to their ranking and accreditation.
UMT or University of Management and Technology fined Rs 5 million as they made false ranking and accreditation claims. CCP or Competition Commission of Pakistan has passed an order imposing a penalty for making false claims regarding its ranking and accreditation in violation of Section 10 of the Competition Act, 2010.
On receipt of information, CCP conducted an inquiry to ascertain whether the university has violated the Competition Law. According to inquiry report, UMT has made multiple deceptive claims in its prospectus and other promotional material regarding its ranking and accreditation just to make profits by luring new students into taking admission in the university.
Some of the false claims were:
- Ranked as 2nd best by HEC and Top 10 in South Asia
- Top 10 in South Asia and best accredited in Pakistan
- The best ranked and best accredited School of Business and Economics (SBE) at the University of Management and Technology.
- UMT is also at the top as per HEC ranking in the General Category (medium sized) of private sector institutions in Punjab in a row since last year
- UMT School of Business and Economics (SBE) is the only business school in Pakistan that has SAQS Accreditation by the Association of Management Development Institutions in South Asia (AMDISA),
On the inquiry’s recommendations, a Show Cause Notice was issued to the university. During the hearings, the UMT could not substantiate these claims and tendered an unconditional apology. It also made a commitment to discontinue the practice of making deceptive claims.
On the other side, these misleading and deceptive claims jeopardized the future of thousands of students and caused financial losses to their parents who made important decisions about their children’s education.