Indian Institute of Social Welfare and Business Management (IISWBM)

Indian Institute of Social Welfare & Business Management
Established	1953
Type	Education and Research Institution
Director	Dr. S.N Ray
Location	Kolkata, West Bengal, India
Campus	Urban
Affiliations	University of Calcutta
Website	IISWBM

The Indian Institute of Social Welfare & Business Management (IISWBM) is a graduate business school in Kolkata, India. It is the first institute in India to offer an MBA degree of any Indian university (as XLRI, the oldest management institute in India, did not offer MBA degrees ever since its inception). It was established in 1953.

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History

IISWBM history

IISWBM was set up in collaboration with the Government of West Bengal, the University of Calcutta and the business community of West Bengal to promote management education. The MBA, MHRM & MPSM courses are affiliated to the University of Calcutta,in fact the MBA program of the institute is affiliated to the University for more than 50 years.

On July 5, 1954, Dr. Bidhan Chandra Roy, Chief Minister of West Bengal and Founder – President of the Institute inaugurated the first Business Management Course in India. Dr. Jehangir Gandhy, Chairman, All India Board of Technical Studies in Management, Union Ministry of Education, who could not be present at the inaugural ceremony sent a message saying "I am glad that the All India Institute of Social Welfare and Business Management is inaugurating today Business Management Course for the first time in India for the benefit of Junior Business Executives".

The institute celebrated its Golden Jubilee in 2003 and the Government of India released a commemorative stamp on IISWBM to celebrate the event. Till date, no other management institute in India so far has been accorded this honour.

The Institute is located in the most exciting and prestigious academic ambience of College Square where the University of Calcutta, Presidency College, Calcutta Medical College and the All India Institute of Hygiene and Public Health are also located. The Institute building has two blocks. The foundation stone of one was laid by Pandit Jawaharlal Nehru, the first Prime Minister of India and the other by Dr. B. C. Roy, the famous Chief Minister of West Bengal. Created in response to a strongly felt need of independent India, the Institute had, as its midwives, the Ministry of Scientific and Cultural Affairs, Government of India, All India Board of Technical Studies in Management, Ministry of Education, Government of West Bengal, Bengal National Chamber of Commerce and Industry and personalities like Sir Biren Mukherjee, Srimati Renuka Ray, Professor D. K. Sanyal, Lala Lakhsmipat Singhania and many others.

Since 1958 the Institute has been run by a Board of Governors which includes, among others, the Vice Chancellor and the Pro-Vice Chancellor (Finance), University of Calcutta, Principal Secretary, Department of Education, Government of West Bengal, representatives from four Chambers of Commerce, the Ministry of Human Resource Development, Government of India and the All India Council of Technical Education as members. Dr. B. C. Roy, the former Chief Minister of West Bengal was the first President of the Board of Governors. He was succeeded by Shri P. C. Sen who also succeeded him as the Chief Minister of the State. Currently, Dr. Pratap Chandra Chunder, eminent educationist and a former Minister of Education, Government of India is the President of the Board of Governors.

Academics

The Institute offers the following courses:

• Master of Business Administration (MBA), which is the flagship course

MBA (Day)2 Yrs. Full Time

MBA (Evening) 3 Yrs part time for students

• Masters of Human Resource Management (MHRM)
• Master of Public Systems Management with specialization in Environment Management, Energy Management, Hospital Management, Transportation and Logistics Management
• Post-Graduate Diploma in IPR in association with FICCI
• Post-Graduate Diploma in Sports management
• Post-graduate Diploma in Business Management (PGDBM)
• Post-Graduate Diploma in Retail Management (2 yrs full time, approved by AICTE)

The MBA (both Day and Evening Programme), MHRM Programme and MPSM Programme are affiliated to the University of Calcutta.The Post-graduate Diploma program in Sports Management is also affiliated to the Calcutta University. The other courses are offered by the institute as PG-Diploma courses.

The Institute publishes a management journal called Survey.

The Sports Management Department is now called the Naval Tata Centre of Excellence in Sports Management in memory of one of the most distinguished Industrialist and Sports Administrator of India. The Sports Management course is the only one of its kind in India.^{[citation needed]} All the batches have obtained suitable placements and the department has decided to provide a winter internship each year.^{[citation needed]}

Alumni

In the course of its existence for five decades the Institute has produced quite a few distinguished alumni who are internationally and nationally known for their contributions and command admiration of their colleagues in the areas of their choice. Some of the better known of these alumni are:

Professor Sumantra Ghoshal of London Business School
Shri Lakshmi Mittal of ArcelorMittal group
Shri Sudhir Jalan, Former President of FICCI 
Dr. C. V. Chandrashekaran, Managing Director of Balmer Lawrie group.
Manisha Mukherjee

Placement

The Indian Institute of Social Welfare and Business management has done excellent on campus placement of its final year students.

MBA the flagship course of the institute has provided placement in some of the organization like IDBI Bank, TCS, Infosys, HSBC, HDFC, Vedanta Resources, SBI, HP, City Bank, Bank of Baroda, Jindal Steel and Power Ltd., SIDBI, Emami Ltd, ACC, CTS, UCO Bank, IMRB International, ICICI Bank, Tata Metaliks, TSPDL and many more. The MBA (Day) student has not only been placed in a good organization but also with a high average salary (around 6-6.5 lakhs) and a good job profile to start the career. The placement for the MBA(Day) is as par the other Top B-School in the country and has surely maintain its reputation as the First B-School of the country.

Placement has also been good for the other courses like MHRM and MPSM.

Research & Consultancy

The faculty of the Institute has taken up a number of research & consultancy project work particularly to develop industry-institute interaction. The prime area of research & consultancy work involved key functional areas of management viz., marketing, HR, finance, system/IT, etc. besides Public Systems Management viz., environment, energy, transportation & logistics, health care & hospital management. Theintellectual capital of the faculty has been ranked highest for three consecutive years by various agencies amongst premier B-schools.

Admission

The admission process is quite tough for getting admission into the B-School. The candidates those are succeeded in the CAT test are shortlisted for the further processes to get admitted in Master in Business Administration (MBA) course. Therefore the final list of the candidates is then given call for a personal interview along with a small group discussion. The final list is made on the basis of the performance in this complete admission process. Admission to the MHRM is also done by the same procedure.

While getting admission in MPSM is a bit easier where Student can get admission on the basis of their MAT score. The Institute use to conduct its own admission test for other courses.

Events

The Events team of the MBA(Day) Department of Indian Institute of Social Welfare and Business Management is a student body which aims at achieving a holistic development of new-age managers by going beyond the limits of the classrooms and books. The academic year features three major events which are spearheaded by the Events team under the guidance of the faculty and co-operation of the students. The events are:

INSIGHT: The Annual Corporate Panel Discussion An interaction between the students and industry personnel to enhance the perspective and to better understand the functioning of the business world.

PARADIGM: The Annual Alumni Meet of the MBA (Day) Department It is a reunion celebrating the alumni of the first B-school in India. It is a meet where the alumni get to hobnob with the present students, revisit their past experiences and share their success stories.

MANAGEREAL: The Annual Inter B-School Event It is an initiative taken to put the knowledge, skills and nerves of tomorrow’s managers to test. It is a platform for B-School students from the length and breadth of the country to interact and share their ideas and views.

See also

• Events IISWBM

External links

• IISWBM - Official website
• Naval Tata Centre of Excellence in Sports Management