Indian Institute of Planning and Management
The Indian Institute of Planning and Management (IIPM), established in 1973, is an educational institute with a presence in 7 cities in India. Headquartered in New Delhi, since 1973, it has a campus in New Delhi and branches in Mumbai, Chennai, Ahmedabad, Bangalore, Pune and Hyderabad. The institute offers courses in Planning and Entrepreneurship, leading to Bachelor of Business Administration (BBA) and Master of Business Administration (MBA) degrees awarded by IMI Europe. The Director of IIPM is Dr. M. K. Chaudhuri.
The institute is involved in a major controversy regarding the veracity of its claims in print advertisements.
Faculty
Regular Faculty
IIPM has over 250 full-time faculty and equal number of visiting faculty, according to its website. Prof. A Sandeep is Dean - India and Prof. Prasoon Majumdar is Dean - Academics. Prof. Arindam Chaudhuri is Honorary Dean. The Honorary Dean also plans to set up business management institutions in New York and London. [1]
Most of the regular faculty[2] of the institute are alumni of IIPM.
Global Outreach Program
IIPM organizes lectures by 20 professors from several foreign business-schools such as Harvard, Columbia, Wharton, Stanford etc. IIPM has also arranged seminars by Leadership expert and author of 'The 7 Habits of Highly effective people' Stephen Covey, Marketing text author Dr. Philip Kotler, Economic Value Added (EVA) propounder Joel Stern, Sales expert Zig Ziglar and Success and Motivation specialist and author of Chicken Soup series Jack Canfield.
Publications
IIPM publishes four journals with articles by the faculty of IIPM. Articles from the faculty of business-schools like Harvard, Yale and Wharton are also republished: 1. India Economy Review (A quarterly overview of the Indian economy) 2. The Human Factor (A quarterly collection of articles and research from leading academics and practitioners of HR) 3. Need the dough? (A quarterly collection of articles and research from leading academics and practitioners of Finance) 4. Strategic Innovators (A quarterly collection of articles and research from leading academics and practitioners of Strategy)and two magazines: 1. Business & Economy 2. 4P's. (Cited from Insight Media)
Infrastructure
Infrastructure includes classrooms, teaching aids, libraries, electronic libraries, IT equipment like Wi-fi and laptops, and leisure equipment like gymnasiums and swimming pools.
It has over 10,000 books in the Delhi library, with access to several other libraries such as the British Council and American Library through sharing agreements. Its electronic libraries with access to leading databases like ProQuest (over 6000 journals archived for up to 90 years)and India Business Information Database (IBID - 25 years of news clippings and analysis sorted by industry and product) are available for all students to access online. All students are provided with laptops (IBM or HP) which are always online with wi-fi networks in the campus.
IIPM has a campus in New Delhi (this is the only IIPM campus) and 6 branches in major cities in India. The branches may not have the same infrastructure as the campus, and all photos shown are of the campus only.
Position in Indian Business-School Rankings
Business Today-ACNielsen ORG-Marg's 2004 listing of India's top 30 Business-schools (Source: Business Today. Oct 10, 2004; pg 96) ranked IIPM Mumbai at 23rd and IIPM Delhi the 30th. The schools were ranked using ACNielsen's Winning Brands model. Respondents were asked to rank 30 shortlisted Business-schools on eight parameters - reputation, success of placement, quality of placement, infrastructure, faculty, teaching methodology and specialisation and admission eligibility. Based on the scores on different parameters, the model calculates the Brand Equity Index (BEI) for each school.
The Outlook C-Fore Business-School survey[3] had ranked IIPM Delhi 4th in Industry Interface, 7th in International Linkages, and 8th in Extra Curricular activities in 2003. After the survey was published, C-FORE received several complaints from IIPM students, parents and staff members that the information given by IIPM was not correct.Later, C-Fore issued a clarification removing IIPM from its survey[4], stating that it had "received serious complaints about the veracity of information given by them"[5]. IIPM continues to advertise rankings even after C-Fore has removed it from its survey.
Outlook Magazine has twice published caution notices in 2005 informing students and all related parties about the withdrawal of the rankings. Outlook also stated that they have also "come across instances, where the institute doesn't disclose facts truly and correctly". [6] [7]
The Business Barons Business-School Study 2004 (Source: BUSINESS BARONS. Jan 31, 2005; pg 65) has ranked the Indian Institute of Planning & Management (IIPM) 8th overall in India. Five parameters were used for the qualitative rankings - infrastructure, placement salaries commanded, depth of industry interface, quality of course contents and quality of students.
Controversy: Veracity of IIPM claims
IIPM has been involved in a major controversy because of a smear campaign by competitors regarding the veracity of its claims in print advertisements. (IIPM spends a lot of money on print advertisingEco2) The controvertial elements according to these competitors are:
- IIPM claims on its print advertisements and on its web site that it's campuses have infrastructure like swimming facilities, 1000 seat auditoriums. Detractors claim such infrastructure is only available in it's New Delhi Campus[8]. IIPM allegedly maintains that New Delhi is the only campus, the rest are branches.[9] But this contradicts with what is on the IIPM web page on infrastructure. (All branches are referred to as campuses)
- Placement information on the IIPM advertisements and web site mention that a number of companies have recruited its students. JAM magazine, Businessworld and other detractors claim[10] to have spoken to the companies mentioned, and these companies, they claim, have either denied going to the IIPM campus or branches, or having recruited anyone from IIPM before they finished the IIPM course.
- IIPM is not accredited[11] with the All India Council for Technical Education (AICTE), but in its print advertisements this is mentioned in very small print. The All India Council for Technical Education (AICTE) said that IIPM does not have the right to use the words "Indian Institute" in its name without central government approval.[12] AICTE has also mentioned that it is illegal for IIPM to offer foreign degrees without AICTE approval.[13]
- The World Class Faculty: From Businessworld[14]:
Faculty from the names that IIPM advertises so heavily - Harvard, Columbia, Wharton, Oxford, Cambridge, Stanford et al - do not actually 'teach' at IIPM. Instead of picking a subject and teaching it over some weeks, as is the practice at the Indian School of Business, they just collect students at an auditorium and give a one-time lecture.
- IIPM continues to use Outlook C-Fore Business-School survey where the IIPM Delhi campus was ranked in the top 10, but Outlook has withdrawn these rankings, and has published two caution notices in 2005 warning students about such withdrawal.[15][16] On the outlook site (requires free registration) Outlook says:
Indian Institute of Planning and Management (IIPM) doesn't disclose facts truly and correctly. Under notice to them, we are withdrawing all the rankings given to IIPM forthwith.
The controversy is discussed in detail on the IIPM Controversy page.
References
- ^ Outlook survey of business schools
- ^ Clarification issued by Outlook
- ^ Outlook announcement
- ^ Economic Times, July 2005 article about IIPM's ad spend of 5.1 crores for May 2005
- ^ JAM article on IIPM's claims
- ^ A Sandeep's statement in Indian Express
- ^ Businessworld article reporting on the controversy and investigating IIPM's advertising claims. (Requires free registration)
- ^ Outlook Magazine article- "Bite in the Blog Bark" (Requires free registration)
- ^ Moneycontrol story on UGC's concerns about IIPM offering MBA degrees without its approval
- ^ Moneycontrol story on AICTE's notice to IIPM objecting to the use of the term 'Indian Insitute' in its name
- ^NotAccredited IIPM disclaimer page showing that it is not affiliated with AICTE
- ^ Outlook withdrawal of IIPM from rankings (requires free registration)
- ^ Arindam Chaudhuri's mention of plans to set up institutes in New York and London
- ^ Moneycontrol story on AICTE raising objection to IIPM's offering foreign degrees in India (December 13, 2005)