Indian Institute of Management Bangalore

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Indian Institute of Management Bangalore
IIM Bangalore Logo.svg
Motto तेजस्वि नावधीतमस्तु
Motto in English May our study be brilliant and effective[1]
Established 1973
Type Public business school
Chairperson Kiran Mazumdar-Shaw [2]
Dean Devanath Tirupati
Director Sushil Vachani
Academic staff 110
Students ~1000
Location Bangalore, Karnataka, India
12°53′44.5″N 77°36′8.2″E / 12.895694°N 77.602278°E / 12.895694; 77.602278Coordinates: 12°53′44.5″N 77°36′8.2″E / 12.895694°N 77.602278°E / 12.895694; 77.602278
Campus Urban, 100 acres (0.4 km2)
Website www.iimb.ernet.in

The Indian Institute of Management Bangalore (also known as IIMB) is a public business school located in Bangalore, Karnataka, India. Founded in 1973, it was the third IIM to be established, after IIM Calcutta and IIM Ahmedabad.[3] It is consistently ranked as one of the best business schools in India and the Asia Pacific region.[4][5][6] It offers a Doctoral and several Post Graduate programmes, as well as a wide array of Executive training programmes.The Post Graduate Programme in Management (PGP), a two-year, full-time, residential MBA programme, is IIMB's flagship. As an autonomous Central Educational Institution of the Department of Higher Education, Ministry of Human Resource Development, Government of India, IIMB awards students graduating from the PGP a Post Graduate Diploma in Management (PGDM), which is equivalent to MBA degree offered by universities. While prior work experience is not mandatory, a majority of students in this programme have work experience of two-three years.[5] In addition to its main academic programmes, IIMB is also engaged in facilitating research, offering consultant services, conducting seminars and academic conferences and publishing journals.

History[edit]

Main Entrance to IIM Bangalore

In 1972, a committee headed by Professor Ravi J. Matthai, seeing the rising demand for graduates of the first two IIMs namely IIM Calcutta and IIM Ahmedabad, recommended the need to have two more IIMs. While the first two IIMs were oriented towards the private sector, it was decided that the new institution shall be oriented towards public sector to cater to its growing needs of management graduates. The Institute at Bangalore was consequently set up next year, designed to cater exclusively to the needs of Public Sector enterprises.[7] For the proposed institute, the Government of Karnataka offered 100 acres of land free of cost and a contribution of Rs.3 million. T. A. Pai agreed to be the chairman and N S Ramaswamy, who was then director of National Institute of Industrial Engineering, was appointed the director. The institute was inaugurated by Indira Gandhi, the then Prime Minister of India, on 28 October 1973.The institute was started in St. Joseph's College of Commerce, and some other buildings, which were rented. The new institute came up at Bannerghatta Road in South Bangalore.[8]

The motto derived from Sanskrit तेजस्वि नावधीतमस्तु (pronounced as tejasvi nāvadhītamastu) is an extract from the Shanti Mantra recited in Taittiriya Upanishad, Katha Upanishad, Mandukya Upanishad and Shvetashvatara Upanishad. The motto translates to May our study be vigorous and effective.[1]

Academics[edit]

IIM Bangalore currently offers the following long-duration post-graduate programmes:

Post-Graduate Programme in Management (PGP): Two-year full-time residential programme, leading up to Post Graduate Diploma in Management (PGDM) is the flagship programme of IIM Bangalore. The first step in admission to the PGP is through the Common Admission Test (CAT) which is followed by a written round and an interview.[9]

Post Graduate Programme in Enterprise Management (PGPEM): A part-time two-year Post Graduate Programme that targets executives from all sectors of business, providing general management education to middle and senior management professionals.

Fellow Programme in Management (FPM): The fellow programme is the doctoral programme started in 1976 to encourage academic research.

Executive Post Graduate Programme in Management (EPGP): One-year full-time residential post graduate diploma programme aimed primarily at candidates with 5 to 15 years of work experience. The first step in admission to the EPGP is through the Graduate Management Admission Test (GMAT) followed by work experience based shortlisting and a personal interview.[10]

Post Graduate Programme in Public Policy Management (PGPPM): Initiated by the Government of India and United Nations Development Programme for senior professionals from the Government administration to enable them to make future policy decisions.

Post Graduate Programme in Aerospace and Aviation Management: IIMB signed an agreement with Toulouse Business School in March 2014 to set up country's first Executive General Management Programme in Aerospace and Aviation Management. Airbus, one of the world's leading aircraft manufacturers is sponsoring the part-time programme.[11][12]

Like other IIMs, IIM Bangalore awards diplomas and not degrees.[13] Further, the Executive Education Programme (EEP) caters to a wide variety of organizations in government, the public and private sectors and non-governmental organizations, with open and customized programmes ranging from two days to one year. The International Masters Program in Practicing Management (IMPM), an international collaborative executive education program jointly offered by IIMB with INSEAD, McGill University, Lancaster University and a consortium of Japanese universities is globally recognised as a major innovation in executive education. The N.S. Raghavan Centre for Entrepreneurial Learning (NSRCEL) at IIMB also offers courses for entrepreneurs and owners of family businesses.[14]

Rankings[edit]

Institute Rankings
Business – International
QS (MBA-Asian)[15] 4
Business – India
Business Today[6] DNP
Hindustan Times[16] 2
CNBC-TV18[17] 2

IIMB has been recognized as the number one business school in Central Asia for the fourth successive year by Eduniversal Rankings and it is one of the only two business schools in India to be awarded 5 palmes.[5] IIMB was ranked fourth in the QS Global 200 Business Schools Report in the Asia-Pacific region for 2013.[15] In India IIMB was ranked first by the Zee News India's best b-school survey 2012,[18] second by the Hindustan Times India's top 50 business schools of 2011,[16] second by the 2012 edition of CNBC-TV18's Top B-Schools in India.[6] The Financial Times Global B-School Rankings ranked IIM Bangalore's One year MBA(EPGP) as a one of the top 3 regular MBA programmes in India and at No. 68 globally in its Global MBA rankings in 2014[19] According to the QS Global 200 Business Schools report, students from IIMB are the world's most academically distinguished with an average GMAT score of 780, considerably higher than those of the likes of Harvard or Stanford.[20]

Campus[edit]

The current campus located at Bannerghatta road in Bengaluru was designed by architect B. V. Doshi and was completed in 1983.[21] A 100-acre oasis in south Bangalore, IIMB, with its all-stone architecture, lush verdant woods and landscaped gardens provides an idyllic environment to engage in management studies, academics and learning. IIMB has world-class infrastructure that facilitates excellence in teaching, research, consulting and other professional activities. Located in India’s high technology capital, IIMB is in close proximity to some of the leading corporate houses in the country, ranging from information technology to consumer product companies, giving it the added advantage of integrating classroom knowledge with practical experience. Established in 1973, the Institute has since then built on its base of highly accomplished faculty, world class infrastructure and motivated student body to emerge as one of the premier institutes for management education and research promoting managerial excellence in the country. IIMB strives to achieve excellence through partnerships with industry, and leading academic institutions, the world over. IIMB’s mission is to “build leaders through holistic, transformative and innovative education.”

Academic blocks[edit]

The academic blocks were designed by Stein, Doshi & Balla architects lead by B. V. Doshi and were completed by 1983. A few blocks were added later owing to the increase in the number of students being enrolled. Currently, there are blocks lettered from A to P where classes, faculty offices and other administrative entities are located. The classes are fully air conditioned with state of art facilities.

Library[edit]

The library is housed in a 55,000 square feet complex consisting of four floors. This fully automated state of art facility consists of about 235,000 documents and books apart from 85,000 journals are available for reference. The library also subscribes to 27 newspapers and more than 200 newsletters.[22]

Hostels[edit]

IIMB consists of 16 hostel blocks apart from one executive block and the executive accommodation at the Management Development Center. The older blocks named according to alphabets A to J were constructed earlier while the newer blocks from K to P were constructed during the last few years. First year students are required to stay in the hostels and single room accommodation is provided. 24 hours Internet connectivity, uninterrupted power supply and fully automatic washing machines are standard features. IIMB has robust sporting infrastructure with facilities for tsepak, soccer, cricket, tennis, basketball, volleyball, throw ball, badminton, indoor games etc. A swimming pool with an integrated indoor sports complex is under construction.[23] s

Auditorium[edit]

The Auditorium is situated within the academic blocks. It is capable of seating nearly 500 people and plays host to most of the functions and guest lectures held at the institute.

Computer Center[edit]

The institute has one of the finest computing infrastructure with 24 hour Internet connectivity and 600+ PCs and workstations. The campus is also fully WiFi enabled.[24]

NSRCEL[edit]

Nadathur S. Raghavan Centre for Entrepreneurial Learning (NSRCEL) was set up in 2002 to aid the entrepreneurial activities at IIMB. The center acts an Incubator cell and helps transform business ideas to successful ventures.[25]

Image gallery[edit]

Campus life[edit]

There are several student-run clubs and societies at IIM Bangalore. The student bodies are divided into clubs, mini clubs, chapters and societies are managed by the students themselves and are governed by the Student Affairs Council. The following are the list of clubs and societies.

Students Affairs Council[edit]

It is the apex body which controls all the aspects of student life including other clubs and societies.[26]

Academic Council[edit]

The Academic Council is an elected body that facilitates the management of the academic system at IIM Bangalore. The Council acts as the interface between students and faculty and is also responsible for course bidding process.[27]

Placements[edit]

IIM Bangalore is renowned for its placements. More than 100 companies across the globe visit the campus every year for summers and final placements. The placement processes are governed by the Career Development Services and facilitated by the Placement Committee.[28]

Student exchange[edit]

IIM Bangalore has an extensive network of partner B-schools worldwide through which it conducts student exchange programmes. Students of the flagship MBA program can go an exchange programme during the 5th term of the course. More than a hundred students from IIM Bangalore leave for foreign institutes and an equivalent number from various B-schools arrive in Bangalore. The institutes with which IIM Bangalore has student exchange relationships are[29]

Doctoral exchange is also available with schools such as National University of Singapore, University of Cologne and schools in the United States. Scholarships are provided by partner schools or by government grants such as German Academic Exchange Service.

Clubs[edit]

  • Alumni Committee,[30] alumni affairs
  • Anveshan,[31] adventure and mountaineering club
  • Bookrack,[32] book lending and literature
  • Cultural Committee,[33] cultural activities including Unmaad
  • Dress Circle,[34] movie and photography
  • Entrepreneurship and Innovation Cell (EnI),[35] entrepreneurship and innovation
  • Exchange Committee,[36] students exchange programme
  • Forum for Industrial Interaction (FII),[37]
  • HMC,[38] hostel and mess council
  • ICON,[39] consulting
  • IQ,[40] quizzing and literature
  • MARS,[41] merchandising and retailing
  • MASH,[42] marketing
  • Networth,[43] finance
  • Sigma,[44] systems and IT
  • Students Media Cell,[45] media relations
  • Sports Committee,[46] sporting activities and facilities
  • Vikasana,[47] social service

Mini-clubs[edit]

  • Dramatics,[48] drama and arts
  • Expressions,[49] creativity and magazine
  • OpMac,[50] operations
  • Taal, Dance

Societies[edit]

  • Bharath,[51] public policy
  • Debsoc,[52] debating
  • ENS,[53] environment and sustainability society

Chapters[edit]

  • Mitr,[54] student counselling
  • ShARE,[55] knowledge sharing
  • SpicMacay,[56] music and arts
  • Toastmasters,[57] local chapter of TM international

EPGP clubs[edit]

  • Prayaas[58]
  • ConQuest
  • Srinivasa Ramanujam Club for Finance, Markets and Securities
  • HiTech Club

Events[edit]

Eximius[edit]

Main article: Eximius

Eximius is the annual entrepreneurship summit organized by IIM Bangalore. The three day event focuses on entrepreneurship and generation of new business ideas. The event has hosted several eminent speakers including Dr.Shashi Tharoor, Dr.Kiran Mazumdar Shaw, Piyush Pandey, Dr.Mallika Sarabhai, Kris Gopalakrishnan, Dr.Kiran Bedi, Rashmi Bansal, Shaheen Mistri, Harish Hande, D R Mehta, Siddharth Mallya among others.[59]

Unmaad[edit]

Main article: Unmaad

Unmaad is the flagship annual cultural festival of IIM Bangalore. The three-day event draws participants from across India. Unmaad features drama and music performances, dances, quizzes, debates, street plays, professional concerts and a fashion show. The event has hosted performances by artists including Farhan Akhtar, Shankar Ehsaan Loy,[60] KK, Kailash Kher, Lucky Ali, Strings, Jethro Tull,[61] Indian Ocean.

Logo of Vista

Vista[edit]

Main article: Vista(IIMB Fest)

Vista is an annual, international business summit hosted by IIM Bangalore. The three-day summit brings together leaders from the fields of marketing, finance, operations, human resources, consulting and social work. The platform lets students learn from business professionals through events, competitions and case studies. The event also incorporates guest speaker sessions. Previous speakers include Dr. Devi Shetty, Kumar Mangalam Birla, Kiran Mazumdar Shaw, Gurucharan Das, Justice Santosh Hegde, Dr. Arun Shourie, Gul Panag, M J Akbar, Nandita Das, Narain Karthikeyan, Kamal Haasan and Shobhaa De.[62]

Research[edit]

Research in IIM Bangalore is performed in research centers focusing on different aspects of managements. These include the ERP Research Centre, Centre for Insurance Research and Education, N S Raghavan Centre for Entrepreneurial Learning, Centre for Public Policy, Centre for Software & Information Technology Management, Centre for Development of Cases and Teaching Aids, Centre for Corporate Governance and Citizenship Centre for Capital Market & Risk Management, Centre for Financial Markets and Institutions and the Supply Chain Management Centre.[63]

Faculty[edit]

Past and present faculty at IIM Bangalore include many prominent scholars who have went on to become pioneers in their fields. Notable of them include:

Alumni[edit]

IIM Bangalore has a strong alumni network with its alumni taking over many prestigious positions across the world. IIMB Alumni Association (IIMBAA) manages interactions with the Alumni network and keeps them engaged with the business school. Anusmaran, a yearly event conducted across multiple cities in the world serves as a rendezvous. Some of the prominent alumni include academicians such as Aswath Damodaran and Raghavendra Rau, author Karan Bajaj and film maker Nila Madhab Panda. K. Radhakrishnan, Chairman of ISRO and business executives like Ravi Subramanian and Sameer Suneja were also IIMB graduates.

In popular culture[edit]

The campus was the site for the shooting of the Bollywood film Three Idiots directed by Rajkumar Hiranii and starring Aamir Khan, Kareena Kapoor, Boman Irani, R. Madhavan and Sharman Joshi. The film is loosely based on the famous novel Five Point Someone by Indian writer Chetan Bhagat.[69]

See also[edit]

References[edit]

  1. ^ a b Taittiriya Upanishad, Translated by Swami Gambhirananda, Published by Advaita Ashram, Kolkata
  2. ^ http://www.financialexpress.com/news/kiran-mazumdarshaw-replaces-mukesh-ambani-as-iim-bangalore-chairperson/1227334
  3. ^ "Technical Education - Centrally funded Institutions - Management Education". education.nic.in. Retrieved 29 August 2011. 
  4. ^ Bangalore, Ahmedabad and Kolkata IIMs make it to Asia-Pacific top 10 again, The Times of India, Shruti Susan Ullas, TNN | 15 Feb 2012, original primary source, QS Global 200 Business Schools Report 2012
  5. ^ a b c "University and business school ranking in 5 Palmes". Eduniversal-ranking.com. Retrieved 2012-11-02. 
  6. ^ a b c "The 50 best business schools". Business Today. 28 October 2012. Retrieved 28 October 2012. 
  7. ^ RC Bhargava, Ajit Balakrishnan, Anusua Basu, Ram S Tarneja, Ashok Thakur (25 September 2008). "Report of IIM Review Committee". GOVERNMENT OF INDIA: MINISTRY OF HUMAN RESOURCE DEVELOPMENT. Retrieved 19 March 2010. 
  8. ^ http://www.iimb.ernet.in/about-iimb/history
  9. ^ "PROSPECTIVE STUDENTS | Indian Institute of Management Bangalore". iimb.ernet.in. Retrieved 12 September 2011. 
  10. ^ iimbwebmaster (11 February 2009). "Executive Post Graduate Programme in Management | Indian Institute of Management Bangalore". Iimb.ernet.in. Retrieved 2012-11-02. 
  11. ^ http://www.jagranjosh.com/articles/iim-bangalore-launches-indias-first-aviation-management-programme-1395749398-1
  12. ^ http://www.deccanherald.com/content/393212/french-experts-teach-aerospace-aviation.html
  13. ^ "IIMs give diplomas not degrees". Articles.timesofindia.indiatimes.com. 1 May 2011. Retrieved 2012-05-04. 
  14. ^ "Programmes". 
  15. ^ a b "QS World University Rankings". QS Quacquarelli Symonds Limited. 2011. Retrieved February 12, 2012. 
  16. ^ a b "India's top 50 business schools" (jpg). Hindustan Times. 30 August 2011. Retrieved 26 December 2011. 
  17. ^ "Top B-Schools in India". CNBC-TV18. 12 January 2012. Retrieved 13 February 2012. 
  18. ^ http://zeenews.india.com/business/news/companies/zee-business-best-b-school-survey-2012_58581.html
  19. ^ http://www.business-standard.com/article/management/iim-b-makes-debut-in-ft-global-mba-ranking-2014-iim-a-isb-slip-114012900045_1.html
  20. ^ "Indian MBA students world's most academically distinguished: Survey - The Times of India". The Times Of India. 
  21. ^ iimbwebmaster (10 June 2009). "IIMB Architecture Indian Institute of Management Bangalore". Iimb.ernet.in. Retrieved 2012-05-04. 
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  23. ^ iimbwebmaster (26 May 2009). "Accommodation | Indian Institute of Management Bangalore". Iimb.ernet.in. Retrieved 2012-11-02. 
  24. ^ iimbwebmaster (26 May 2009). "Computer Centre | Indian Institute of Management Bangalore". Iimb.ernet.in. Retrieved 2012-11-02. 
  25. ^ "Nadathur S. Raghavan Center for Entrepreneurial Learning, IIM Bangalore | NSRCEL IIM Bangalore". Nsrcel.org. Retrieved 2012-11-02. 
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  27. ^ http://spidi2.iimb.ernet.in/~acad/
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  29. ^ Anonymous (3 June 2009). "Partner Schools | Indian Institute of Management Bangalore". Iimb.ernet.in. Retrieved 2012-11-02. 
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  37. ^ "Welcome to FII". Spidi2.iimb.ernet.in. Retrieved 2012-11-02. 
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  39. ^ "ICON - IIM Bangalore's Consulting Club". Spidi2.iimb.ernet.in. Retrieved 2012-11-02. 
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  58. ^ http://www.iimb.ernet.in/node/2113
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  60. ^ http://www.buzzintown.com/bangalore/event--shankar-ehsaan-loy-live/id--137630.html
  61. ^ "Jethro Tull concert in city today". The Hindu (Chennai, India). 3 February 2006. 
  62. ^ Vista (IIM Bangalore's Annual Business Summit)
  63. ^ "iimbresearch". iimb.ernet.in. Retrieved 12 September 2011. 
  64. ^ a b http://archives.digitaltoday.in/businesstoday/20060716/cover5.html
  65. ^ http://www.isb.edu/faculty/facultydir.aspx?ddlFaculty=68
  66. ^ "Prakash Apte is new IIM director". The Times Of India. 8 October 2002. 
  67. ^ http://www.isecindia.in/about-us/team-profile
  68. ^ http://www.iimb.ernet.in/user/109/trilochan-sastry
  69. ^ "After Munna, Raju focuses on Idiots". The Times of India. 29 June 2008. Retrieved 2012-05-04. 

External links[edit]