Indian Institute of Management Ahmedabad: Difference between revisions
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Image:NorthIndiaCircuit 416.jpg|Entrance to IIMA |
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Image:IIM (new).JPG|New campus of IIMA |
Image:IIM (new).JPG|New campus of IIMA. The water tank old campus can be seen at top right |
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Image:Dorms in the old campus.JPG|Dorms in old campus of IIMA |
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Image:Corridor in new campus classroom block.JPG|Corridor in new campus classroom block |
Revision as of 23:50, 24 October 2009
23°1′54.29″N 72°32′10.09″E / 23.0317472°N 72.5361361°E
File:IIMA Logo.png | |
Type | Education and Research Institution |
---|---|
Established | 1961 |
Director | Prof. Samir Barua (2007- Present) |
Location | , , |
Campus | Urban, 100 acres (0.40 km2) |
Website | www.iimahd.ernet.in |
The Indian Institute of Management Ahmedabad (IIM Ahmedabad, also known as IIMA) is considered to be one of the premier institutes of management education in India. According to the Economist's survey of global business schools in 2009, IIMA is considered to be the "toughest in the world to get into" as over 600 people compete for every seat.[1] IIMA was ranked as the top business school in India according to the Business Today B-School Rankings in 2007-08 [2] and the Economic Times B-school Survey 2007.[3] In 2009 again, Centre for Forecasting & Research ranked IIMA as India's top business school. [4] IIMA is EQUIS accredited.
History
Dr Vikram Sarabhai and a few other public-spirited industrialists realized that agriculture, education, health, transportation, population control, energy and public administration were all vital elements in a growing society and that it was necessary to link these meaningfully with industry. The result was the creation of IIMA in 1961 as an autonomous body with the active collaboration of the Government of India, the Government of Gujarat as well as industry.
IIMA was conceived not purely as a business school, but as a school of management. Its mission is to professionalize Indian management through teaching, research, training, institution building and consulting. It also aims to professionalize some of the vital sectors of India's economy.
In its formative years, IIMA collaborated with Harvard Business School. Largely as a consequence of this collaboration, IIMA pioneered the case method of research and teaching in India. It tasted success within a very few years due to the cultivation of industry for student placement. This attracted increasing numbers of applicants, a trend which accelerated after the liberalisation of the economy in the early 1990s and its subsequent globalisation. This has contributed significantly to IIMA's distinctive identity as a premier teaching institution in India.
Campus
Architecture
The old campus was designed by Louis Kahn, who was an exponent of exposed-brick architecture. The most distinctive features of the plan are the numerous arches and square brick structures with circles carved out in the facade.
The student dormitories are connected to the main complex by a series of arched corridors and landscaped courts. An extension to the old campus built across the 132 feet (40 m) ring road was commissioned in 2003 with student dorms and classrooms built in a contemporary concrete design which strives to retain some elements of the old campus' architecture such as the arches and exposed brick facades. The two campuses are connected with an underpass (tunnel-walkway).While the new campus does offer some contrast to the old campus, the design seems to retain some elements such as the aches/circles and some exposed brick facades.
Vikram Sarabhai Library
The library is named after Dr. Vikram Sarabhai, the world renowned physicist and the founder director. The main objective of the library is to provide information support for teaching, research, consulting and learning. The total area of the library is 20,120 sq ft (1,869 m2) and the total seating capacity is 210 including 50 open carrels. The collection consists of approximately 1,65,800 books, 38,750 bound volumes of periodicals, 1,975 Working papers, 225 dissertations of FPM students, 126 Educational Video Cassettes, 1340 CDs (of books, databases, training etc), and subscription to 510 print journals [5]
Ravi J Matthai Centre for Educational Innovation Auditorium
Named after the prominent educator and the founding director, Ravi J. Matthai, it is the biggest auditorium in the campus with a capacity of 500. Most of the talks and presentations by reputed business leaders and other national figures are held here. It also hosts several events during Confluence and Chaos.
Centre for Innovation, Incubation and Entrepreneurship
The Centre for Innovation, Incubation and Entrepreneurship (CIIE) was set up in 2001 with the aim of fostering innovation and entrepreneurship by bringing together innovators, venture capitalists and technologists.
Classrooms
There are eleven classrooms and ten seminar rooms distributed between the old and new campuses. This is in addition to the seminar and conference rooms in the faculty wings. First year classes are held in the classrooms in the new campus. The spacious classrooms are designed to facilitate effective group discussions and communication and come equipped with multimedia facilities, networked computers, air conditioning and excellent acoustics. The fixed seating arrangement and swivel chairs permit the students to interact effectively with every person in the room.
Programmes
Post Graduate Programme in Management
The Post-Graduate Programme (equivalent to an MBA) is a two year flagship program of IIMA. The programme nurtures world-class managers by exposing them to real life unstructured situations along with analytical tools and business philosophies. Participants discover their true potential after rigorous and focused hard work. Students gain conceptual insights into managerial decision-making while at the same time fine tuning their interpersonal skills.
The Institute has initiated exchange programmes with more than twenty-five foreign Institutions of equal repute. Every year the Institute selects close to a quarter of the students to spend one term at some of these institutes. The students get to benefit from the rich exposure that they receive. Similarly students from the corresponding institutes visit IIMA for a term. Joint activities provide each school with a better understanding of teaching methods they practice and give them a better poise. Students learn to appreciate diverse cultures and working environments and develop a holistic vision.
Another important aspect of the PGP is the summer internship. This eight-week programme provides the students an opportunity to work with reputed companies from various sectors where they get to put their ideas and skills to work.
Some of the best companies, in India and the world, visit the campus every year in search of the best talent in the field. Close to 6000 graduates of the PGP course have reached high positions in a number of reputed corporations and institutes.
Post Graduate Programme in Management for Executives
The one year Post Graduate Programme in Management for Executives (PGPX) is a one year program equivalent to an Executive MBA. It has been conceived to sharpen the skills of bright and aspiring executives, with work experience, to help them evolve as management leaders and change agents in the global arena. With a general management orientation and an emphasis on international exposure and global business skills, the one year full time residential programme is ideal for mid-level managers. Though only 3 years old, PGPX has received an excellent response form the industry; campus placement for the PGPX commands the highest average salary among Indian MBAs.
PGPX is a get-ready-for-top-management programme in which only the sharpest minds make it to the consideration set. The students are selected through a rigorous evaluation process based on leadership profiling, GMAT scores and an interview. The average GMAT score for PGPX III (2008-2009) was 728, while for PGPX IV (2009-2010) batch the average GMAT score is 722, comparable to that of world's top ranking MBAs. For the 2009-10 academic year, the PGPX batch size is 80 with average work ex over 10 years and international work ex over 5 years.
Post Graduate Programme in Agri-Business Management
The Post Graduate Programme in Agri-Business Management (PGP-ABM) is equivalent to an MBA. It is a unique programme specially designed to enhance the quality of management in the food and agribusiness sector; its purpose is to help this sector meet the challenges of the evolving market place. Agriculture accounts for about 25 per cent of India's gross domestic product (GDP) and for over 60 per cent of employment. The growth of this sector, therefore, is crucial to the development of Indian economy.
Fellow Programme in Management
The Fellow Programme in Management is the PhD program of IIMA. The objective of the programme is to provide students with the necessary skills to identify and research complex issues in the field of management.
The programme offers research training in ten areas of specialization. The student becomes part of one of these sentinel groups and acquires the fundamental theoretical knowledge as well as the practical aspects of the area. The programme is strongly committed to preparing faculty who shape the managers of the future.
Faculty Development Programme
The Faculty Development Programme is specially designed for teachers, researchers and industrial organizations for their management education requirements. Since the first course, that was offered in 1979, the programme has been continuously modified and restructured to address new developmental needs of management educators. Every year, hundreds of sponsored participants enhance their skills and update their pedagogical tools. They practice and share their new learning with thousands of students, slowly bringing about a major qualitative change in academics and practice.
Management Development Programme
For every academic year, more than 40 MDPs are planned. This list includes the flagship MDPs like the 3-TP (3-Tier Programme) and the MDP for small and medium enterprises. These MDPs are known as General Management Programmes (GMPs) which are designed with the objective of providing insights into managerial concepts and techniques relevant for formulating and implementing strategies in functional areas. Besides GMPs, the Institute’s MDPs are offered as open enrollment programmes and are designed to address specialized needs in areas such as business policy, communications, economics, finance, marketing, organizational behaviour, personnel and industrial relations and so on. In response to the growing challenges of a globalized world, the institute collaborates with world renowned business schools like Duke University’s Fuqua School of Business, ESSEC Business School, and Alliant University to offer uniquely phased joint MDPs in India and abroad. Over the years, more than 42,500 managers have benefited from the 1,200 MDPs conducted by IIMA.
Faculty
The reputation of IIMA owes much to the exceptional calibre of its faculty. The Institute prides itself on creating an environment of substantial academic freedom overlaid by rigorous, self-imposed standards of excellence and socially responsive practices.
The faculty willingly submit themselves to a unique, rigorous, open, and continuous process of appraisal and feedback from the students. This enables the faculty to fine tune course contents and delivery mechanisms. Through a variety of committees, the faculty play a hands-on role in the governance of the Institute and assume total ownership of collective decisions.
Focus areas in faculty research include social marketing, productivity, women’s issues, human resource development, optimization models, organizational learning, institution building, management and leadership excellence, and public sector management. While some research is internally driven, several projects are commissioned and funded by national and international organizations such as the Ford Foundation, United Nations Organization, World Bank, NCERT, Planning Commission of India, Central and State ministries, and industrial agencies.
Placements
Recruitment occurs in three stages – summer recruitment, lateral placements and final recruitment. National and international companies in fields as diverse as investment banking, consulting, marketing, information technology, retail banking and private equity come down to the campus for recruitment. Summer internship occurs during the second term of first year and is an important and an integral part of the academic curriculum at IIMA. The first year of IIMA consists of three terms that stress on academic rigor and development of managerial skills. The summer internship tests the students on this learning and lasts for 8–10 weeks. It helps the students gain firsthand experience in a particular industry and provides them with opportunities to innovate, while adding to the ideas and techniques that were learnt in the first year. It helps them become more receptive to market needs, and in deciding their area of specialization in the second year. Lateral recruitment occurs in the sixth term of the second year and is only open to people with a stipulated amount of work experience. Final recruitment occurs at the end of the second year and is open to all students. According to the Economist's MBA rankings, IIMA ranks number one in "jobs found through the career service."[6]
Alumni
One of the most powerful assets that IIMA has built over the years is its alumni network. The alumni family is an important component for realising the goals of the Institute – the creation, application and dissemination of management knowledge. In fact, they are the crucial change agents, who transform leadership. The Institute’s activities and programmes for its alumni are directed towards building lifelong bonds of kinship with the Institute.
A vast number of IIMA Alumni have distinguished themselves in almost every aspect of management across the world. A recent survey calculated that as many as 62% of IIM-educated CEOs in India are from IIMA[7] The IIMA Alumni Association was formally established in 1967.
Noted alumni
- CK Prahalad - Noted management consultant and author
- Raghuram Rajan - Chief Economist of the IMF (2003-2007), current Eric J. Gleacher Distinguished Service Professor of Finance, University of Chicago Booth School of Business
- KV Kamath - Chairman, ICICI Bank
- MS Banga - President,Food, Home & Personal Care Unilever
- Ajay Banga - Chief Operating Officer, Mastercard (ex-CEO, Citi North America)
- Rajeev Gupta - Managing Director, Carlyle India
- Ivan Menezes - President, Diageo North America and Chairman, Diageo Asia Pacific
- S B Dangayach - Managing Director, Sintex Industries Limited
- Sanjay Nayar - CEO and Country Head for Kohlberg Kravis Roberts & Co in India, Former CEO of Citigroup, India and South Asia
- Chitaranjan Dar - CEO ITC Foods
- R. Subramaniam – Managing Director and founder, Subhiksha
- Harsha Bhogle – noted cricket commentator
- Mallika Sarabhai – renowned danseuse
- Srikant Datar - Arthur Lowes Dickinson Professor of Accounting and Senior Associate Dean, Director of Research at Harvard Business School
- Sunil Gupta - Edward W. Carter Professor of Business Administration and Unit Head, Marketing at Harvard Business School
- Sanjeev Bikhchandani - Founder/CEO, Naukri.com
- Jerry Rao – CEO, Mphasis
- Deep Kalra - Founder/CEO, Makemytrip
- Prof. Shekhar Chaudhari - Director, IIM Kolkata
- Prof. Samir Barua - Director, IIM Ahmedabad
- Chetan Bhagat – bestselling Indian author
- Prof. Marti Subrahmanyam - Charles E Merrill Professor of Economics & Finance at Stern School of Business at New York University
- Prakash M. Telang - Managing Director, Tata Motors
- Ravi Mattu - Former Global Head of Equity & Fixed Income Research, Lehman Brothers
- Ranodeb "Ronnie" Roy - Asia Head of Fixed Income, Morgan Stanley
- Saurabh Songthalia - CEO, AIG Investments, India
- Suresh Kumar,CEO, iNautix Technologies,COO, Pershing LLC
- Shantanu Mukherji - Country Head, LVMH
- Sridhar Chari - Director, ICFAI International
- Pulak Prasad - Ex Managing Director, Warburg, Founder and Managing Director, Nalanda Capital
- Rajesh Khanna - Managing Director, Warburg
- Vedika Bhandarkar - Managing Director & Head, IBD India, JP Morgan
- Nachiket Mor - Deputy Managing Director, ICICI Bank
- Phaneesh Murthy - CEO, iGATE Global Solutions
- N V `Tiger' Tyagarajan - COO, Genpact
- Laxmikant - GM - Research, Hero Honda
- Sarthak Behuria - Chairman, Indian Oil Corporation
- Murali Srinivasan - CEO, Philips India
- Kishor Chaukar - Managing Director, Tata Industries
- Bhaskar Bhat - Managing Director, Titan Industries
- Shikha Sharma - Managing Director, Axis Bank
- Falguni Nayar - Managing Director, Kotak Mahindra Capital
- Sunny Verghese - CEO, Olam International, a STI company on Singapore Exchange
- Piyush Gupta - CEO, DBS Bank
- Vipin Sondhi - Managing Director, JCB India
- Ramesh Mangaleswaran - Director, McKinsey & Co.
- Prof.Aseem Prakash - professor of political science at University of Washington-Seattle
- Prof.T.Madhavan - professor of statistics at IIM Ahmedabad
- A. K. Shiva Kumar - development economist and professor
- Prof.Pradyumana Khokle - professor of organizational behaviour in IIM Ahmedabad
- Prof.Ravi Jagannathan - professor of economics at Kellogg School of Management
- Kiran Karnik - Ex Chairman of NASSCOM
- Prof.Abraham Koshy - professor of marketing at IIM Ahmedabad
- Prof.Krishna G Palepu - Ross Graham Walker Professor of Business Administration and Senior Associate Dean for International Development at Harvard Business School
- Prem Das Rai - politician
- Prof.Sidharth Sinha - professor of finance at IIM Ahmedabad
- Suresh Vaswani - Joint CEO of Wipro’s IT Business and is a Member of the Board of Wipro Limited
- Nelabhotla Venkateswarlu - CEO of Emami House
Dorm Culture
Students in IIMA reside in 25 dorms which are distributed between the old and new campuses. The number of rooms in a dorm varies from 20 to 40 which house the first year students, second year students and FPMs (PhD students). Students are allocated to dorms on a random basis and care is taken to ensure that people from diverse backgrounds – engineers, commerce graduates, arts majors, architects, chartered accountants – are present to provide a rich learning experience to the students. The dorm is the epicenter of all activity in IIMA. It forms a distinct, independent unit. Every dorm has its own culture, established by the alumni. The dorms have their own identity, their own idiosyncrasies, and that makes it a fun place to be in. Dorm birthday celebrations at IIMA make for cherished memories for years to come.
Student Activities
The clubs and the special interest groups on campus cover diverse interests from finance and marketing to literature, theatre and nature, going beyond the confines of the classroom and the curriculum. These clubs organize various events and workshops throughout the year, to ensure that the extra-curricular scene is dynamic. Apart from providing an avenue for students to showcase their talents, these clubs also encourage students to take the initiative in organizing events and set standards of excellence in various areas. IIMA has a number of clubs like Beta – the finance club, Consult Club, Niche – the marketing club, the Entre Club for entrepreneurship, Forum for Industry Interaction - which helps students get projects in industry, the Faculty Student Interaction Cell which brings together faculty and students, Genesys - the information technology club, the Literary Symposium Desk - the quiz and debating club, IIMACTS – the theatre society, and Stargazers – the astronomy club.
Events
Talent Nite (August)
Talent Nite, or Tnite as it’s popularly known, has been the most celebrated event on campus across generations of students. This is the time when IIM A throbs with energy of a different kind. Meant to give first years an outlet for their creative juices, Tnite sees the emergence of many an artiste.
Combos (October - November)
Combos – the intra –institute sports, literary and cultural competition is a month long celebration of competitive spirit at IIM A and the students’ desire to excel. Over 400 students put their gauntlet into the arena and pit their wits and might in treasure hunt and quizzes to cricket, football, badminton and Frisbee. The gala signs off with a final night during which a skit, tug-of-war and Antakshari are organized
Insight: The Marketing Fair (October)
Insight is the annual market research festival of IIMA. Insight is an excellent opportunity to have purposeful market research done by the brightest brains. Insight is a popular annual fair where thousands of people with varied profile play specially designed games to gauge consumer preferences influencing their buying behavior. As consumers themselves are unaware of the real reasons affecting their buying choice, these games try to bring out the deep latent psychological cause of consumer behavior.
Confluence - International B-School Festival (November)
From a modest start in 1999, Confluence has come a long way to eventually become an event of prime importance, occupying a special space in the itineraries and dockets of the managerial intelligentsia the world over. Confluence gives participants from all corners of the world an opportunity to interact and exchange ideas exploring the dynamics of the unique business environment in India. An event of grand scale and significance, Confluence is graced by the presence of eminent speakers and leading industrialists. Lecture talks from luminaries in their respective fields and panel discussions see ideas being raised, challenged and debated.
Chaos - Inter Institute Cultural Festival (January)
The USP of this cultural festival is non-stop ‘entiretainment’ and gives people the chance to indulge in a wild and wacky weekend of revelry. Drawing large crowds from all over the country, this festival has something in store for everyone. It features a gamut of cultural events, ranging from choreographed dances and fashion parades to debates, quizzes, rock competitions, and plays. A number of workshops are conducted and offer opportunities to learn something new, like rock-climbing or pottery. Pop, rock and classical music concerts create an electric atmosphere and give people the chance to let their hair down.
Gallery
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Entrance to IIMA
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New campus of IIMA. The water tank old campus can be seen at top right
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Dorms in old campus of IIMA
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Corridor in new campus classroom block
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The main complex and Louis Kahn Plaza
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Louis Kahn Plaza at night
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Inside a dorm in the old campus
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Campus at sunset
See also
References
- ^ "Which MBA? school profiles:Indian Institute of Management - Ahmedabad". The Economist.
- ^ Business Today - Beta - India's leading business magazine
- ^ IIM-A once again: Sunday ET B-School survey- The Sunday ET-Features-The Economic Times
- ^ IIMA Retains Top Spot in B-School Ranking
- ^ "Vikram Sarabhai Library". IIMA.
- ^ "Which MBA? school profiles:Indian Institute of Management - Ahmedabad". The Economist.
- ^ "IIT,IIM alumni form half of India Inc's CEO tally". Live Mint.