Upholding the Standards is the Way to Go for IMI-B – Dr. Garimella

As the newly launched IMI-Bhubaneswar institute starts its academic journey, Dr. Somayajulu Garimella, the director plans to lead the institute on a path of consistent growth. Dr. Garimella shared his thoughts on meeting the key challenges faced by a management institute in its nascent years.

Dr. Garimella has been the area chairman of Marketing and Chairman-MDP and Consulting Committee at IMI Delhi earlier. With his immense experience in the field of management as an award-winning academician and an industry expert both, he identified several challenges that lay ahead of him. In his view, there are several challenges associated with keeping only the best faculty, students, and administrative staff in the campus.

A noteworthy academician, Dr. Garimella earned several qualifications that reinforces his repute as one of the few management gurus in India. He completed his Ph. D in Management from the Osmania University after completing his M.B.A from the University of Texas and M.S. in Chemical Engineering from the West Virginia University.

“In a highly crowded management education space, my major challenge is to attract outstanding faculty, administrative staff and students to join a new campus,” mentioned Dr. Garimella. Having said that, he also shared his plans to rely on excellent teaching fraternity IMI already is known for. “Fortunately for us at IMI-Bhubaneswar, we were able to overcome the challenge of attracting good faculty thanks largely due to the excellent reputation that IMI enjoys in the teaching fraternity and also due to availability of a large pool of well qualified management faculty in this part of the country,” He added.

Discussing about his plans to meet these challenges, Dr. Garimella intends to make sure that the IMI-B campus upholds the reputation of IMI Delhi in a long run. “To start with, we intend to follow the same pedagogy and curriculum which made the PGDM program at IMI-Delhi one of the most sought after in the country. In addition, many of my faculty colleagues from Delhi will complement the faculty members at IMI-Bhubaneswar to ensure that the standard set by Delhi campus will be replicated in Bhubaneswar campus as well,” Said Dr. Garimella.

In addition, he put emphasis on developing unique teaching methodologies by continuous practice of research and innovation. “While we strive to uphold the standards set by the Delhi campus, we will try to create unique image for the new campus by constantly innovating and introducing new courses and teaching methodologies to stay ahead of the curve,” added Dr. Garimella.

He also informed that the students of IMI-Bhubaneswar will be availing the placement opportunities along with the IMI-Delhi students. He declared that the companies visiting the IMI-Delhi campus would also be offering employment opportunities to the IMI-B students. This decision has been made in order to maximize the student satisfaction since the very first batch of the PGDM course at IIM-B.

Quality of Student Intake A Priority since the First Batch – Dr. Garimella

Renowned academician having served his excellent academic innings at IMI Delhi, Dr. Garimella joins the new IMI-B as the director. He brings with him a rich experience of over 25 years having worked in the industry as well as academics. The director of IMI-B, Dr. Somayajulu Garimella, shared some facts about the admission criteria, programme fee, and admission process for the PGDM program at IMI-B. He also shed some light on some other aspects related to the PGDM programme being conducted at the IMI’s Bhubaneswar campus.
Dr. Garimella informed that the sanctioned limit for the current year admission process for the PGDM course is going to be 60 seats. “However, we don't intend to fill up the seats unless we find students with strong academic performance in their X, XII and degree courses. Candidates with work experience of 1-3 years will be given preference,” he added indicating that only the best candidates will be offered admission. The selection of the suitable candidates will also consider their relevant work experience in addition to their CAT scores. In order to ensure the highest quality student intake, he emphasised on the importance of a rigorous admission procedure.
He also shared his delight about the fact that college has been receiving good responses from candidates with good CAT scores. “We have received good response to our call for admissions and we intend to look at the pool of candidates before deciding on the cut-off scores. But my expectation is that it will be high,” said Dr. Garimella.
He also informed about the extension in the application deadline by 10 more days due to requests from candidates for extension. As opposed to the earlier deadline of July 15, 2011, it has now been revised to July 25, 2011. Dr. Garimella also indicated that the admission process will be quick and hence, the first academic session will commence positively by the first week of August 2011.

Dr. Garimella also stated some quick facts about the programme offered by the institute, i.e. the two-year fulltime PGDM programme. The fee inclusive of the books and computer facilities for the PGDM program is Rs. 7.89 Lakh for the entire length of course (two years.) This fee also includes a refundable caution deposit of Rs. 15,000/- The food and lodging expenses for tenure of two years will be additionally charged and is estimated at approximately Rs. Two lakh.
In order to make this expenditure bearable by the deserving students, the institute has already made arrangements with financial institutions, including HDFC Bank, Credila, and Allahabad Bank. Students willing to join the PGDM programme can avail the education loan from these banks.
IMI-B, counting on its intellectual wealth inherited from IMI Delhi, now seeks the talented candidates for its first batch of PGDM. With the leadership of Dr. Garimella and expert faculty, it aims to shine in the world of academic excellence since the year of its commencement.

IMI Bhubaneswar: the future is bright

AICTE approved IMI Bhubaneswar, is now open for admissions to its founding batch. These privileged students will occupy IMI’s new, state of the art 16 acre campus.
Faculty of IMI Delhi – ranked among the top three in the intellectual capital of India – will be fully involved in IMI Bhubaneswar. The students here will follow the same curriculum and pedagogy as IMI’s Delhi MBAs. 

For a long time the eastern belt of India was starved for a good management institute. IMI, noticing this lack, worked towards opening a B-school to match the best in the world.

Meticulous planning, deep thinking and careful faculty recruiting made IMI Bhubaneswar into a beautiful,    top of the line management institute with a commitment built around three powerful concepts. “The creation of knowledge, the dissemination of knowledge and the application of knowledge,” says Padma Shri Dr. Pritam Singh, Director General of the International Management Institute (IMI), Delhi. “These three concepts translate into research, teaching and being involved in executive education. These are the three pillars that create a holistic school which is what IMI Bhubaneswar is.”

IMI Bhubaneswar will be offering the best International standard management education, including Post Graduate Diploma in Management (PGDM). These programs have very focused and practical Industry-oriented curriculum. The aim is to groom students for immediate employability. “Students of the Bhubaneswar campus will also earn the same placement opportunities as the students of IMI Delhi,” Dr. Pritam Singh promises. 

“By choosing to be the student of the first batch at IMI Bhubaneswar, you may be opting for the road less travelled. But let me assure you that the path you tread will be far more exciting than the beaten track that many others may take,” Dr. Somayajulu Garimella, Director, International Management Institute-Bhubaneswar, fortifies the IMI promise.

IMI’s new campus has the latest world-class facilities that stimulate interactive learning with separate academic and residential blocks. The academic block features lecture theatres, faculty offices, meeting rooms and auditoriums that can seat up to 300 students. The residential blocks are equipped with wi-fi and have space for up to 400 students.

About IMI:

In 1981, IMI, in collaboration with IMI Geneva – now IMD, Lausanne – opened its Indian doors for the first time New Delhi. This was at a time when B-schools were in their infancy here. Soon, IMI was recognized as a leading management institution. In fact, IMI Delhi is ranked 14 among the top management institutes, including IIMs, and 3rd in the intellectual capital. This was in a survey published by Business World (June 28, 2010). Today IMI is India’s first corporate sponsored Business School with sponsorship RPG Enterprises, Williamson Magor, Nestle, ITC, Tata Chemicals, BOC, etc.

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IMI Delhi awards 240 students with MBA diplomas at its 27th Annual Convocation

The International Management Institute (IMI), Delhi held its 27^th Annual Convocation ceremony on June 4, 2011, on the Institute’s campus where 240 students belonging to the PGDM, PGDM-HR, Executive PGDM and Part-Time PGDM courses received their MBA diplomas. Dr. K. C. Chakrabarty, Deputy Governor, Reserve Bank of India graced the occasion as Chief Guest; the event was presided over by IMI’s Director General, Padma Shri Dr. Pritam Singh. Other dignitaries who attended the impressive ceremony included Shri R.P. Goenka, Chairman Emeritus-IMI Board of Governors, Members of the IMI Board of Governors, along with faculty and staff, parents of graduating students and representatives from the media.

Delivering his address, Dr. Chakrabarty said learning is a process that goes beyond formal education. “A Convocation Ceremony symbolises the recurring moment when we are ready to begin our lives again. Indeed, there is genuine progress only in continuous learning. Learning is work; it is hard work. It engages the conscience. It builds character, strengthens morality and helps us understand humanity. Education cannot be achieved without sacrifice. And, most importantly, it is not a finite experience. In fact, the world has so many lessons to teach us and the secret of getting ahead in life is being open to these lessons, lessons from the toughest teacher of them all, that is, life itself,” he said.

Dr. Chakrabarty also enlightened the students about the challenges that lay ahead in their journey as management leaders in a changing economy. He pointed out the changes in human values with the changing times and stressed on the importance of understanding cultural differences which would help them perform effectively, particularly at the workplace, and within the industry as a whole too. “In contrast to earlier times, the management challenges in a Knowledge Economy are manifold. Wealth here is based upon the ownership of knowledge, skill and information technology. As future managers, the main lesson for you here is that managing people is getting to be more and more of a key challenge. Not only does it involve understanding the cultural differences of your colleagues, but also the task of building and managing alliances, and bringing technology enhancements into your workplaces,” he said.

In his address, Dr. Pritam Singh, the Director General of IMI, presented the annual report of activities and spoke of the performance of IMI in the academic year. Dr. Singh also shared his vision of putting IMI in the list of the top five management institutes in India. Sharing his pride about the excellent ranking that IMI has earned in various surveys, he said, “Businessworld, in their latest survey, ranked us third among the leading business schools in the domain of ‘Intellectual Capital’. The recent AIMA survey has featured IMI in the category of the 15 super league business schools. The Economic Times, in its recent survey of business schools, ranked IMI as the eighth top business school in the eyes of MBA students.” Besides sharing the Institute’s future plans, he also gave details of the eight different Centres of Excellence set up by the IMI.

The excitement and pride was clearly visible on Dr. Singh’s face as he spoke of the Institute’s exceptional placement records for 2010-11. “Our students have been able to get excellent placements, the highest and average salaries being Rs. 26 lakhs and Rs. 9.5 lakhs respectively; as compared to the highest and average salaries of Rs. 13 lakhs and Rs. 6.9 lakhs respectively, last year,” he stated.

Pledging that the highest levels of quality in terms of faculty, education, and placements at IMI would be maintained at the two newly set up campuses he said, “We have set up state-of-the-art campuses in Bhubaneswar and Kolkata to make our presence felt in Eastern India as a benchmark for top-quality management education. Both the schools have appointed Directors and a core group of the finest faculty, and offer world-class campus facilities. Our faculty from Delhi will be teaching a large number of courses at both these campuses to ensure that the IMI level of quality is not compromised. The curriculum and pedagogy will be what is in use in Delhi. All of this will help bring both the campuses very quickly to the high levels of IMI standards.  We will also provide placement support to ensure that the students on these campuses get the same opportunities as the students in Delhi get.”

Addressing the students, Shri. R.P. Goenka congratulated them on completing their education with flying colours. He said he was very confident that the new managers graduating from IMI would do the Institute proud and that a bright future lay ahead of them. “Leaving the safe confines of a business school and entering the battlefield of business is not for the weak and faint-hearted. The training you have received from the world-class faculty at IMI has made you strong and given you the courage to fight and win this war. I am sure you will be very successful and do us proud,” he stated.

Shri Goenka added that he was also very confident of a bright future for IMI under the stalwart leadership of Dr. Singh. “IMI Delhi is in a dynamic phase under the leadership provided by Dr. Pritam Singh. The Delhi campus will have additional infrastructure and faculty which will enhance the facilities and drive the area of executive training. The other focus, with increased high-quality faculty, is going to be on research. The thrust on executive training and research in addition to our current focus on excellent teaching, will transform IMI into a truly integrated business school that can be benchmarked with the best in the world,” he stated.

“We don’t teach, we facilitate learning. This is embedded in the IMI DNA. And this is what distinguishes IMI from other management institutes and will continue to do so in the future.”  Today, IMI is set to be a player in the entire knowledge cycle from knowledge creation through research to knowledge dissemination through teaching and executive training.

Kolkata and Bhubaneswar: The New Stop for Business Education by International Management Institute

International Management Institute Delhi had been rated amongst the top business schools in year 2010 after an extensive research by the Business World magazine. It stood 14th out of the many schools which were evaluated on a variety of criteria, ranging from infrastructure, career planning, faculty, academic facilities and more. A deep rooted background in management studies and a resolute corporate patronage definitely has the students making a beeline for this college. Delhi, having been an astounding success story, the same model of excellence in management studies is being replicated in Kolkata and Bhubaneswar. The graduates from these schools are all set to become sound leaders under the core values of excellence by both these branches of IMI.

Almost three decades into the field of ensuring great management studies at Delhi and the results can already be seen in these newer branches at Kolkata and Bhubaneswar. The eastern edge of India now has access to world class facilities and a credible set of faculty to promise an excellent academic environment for students with faculty from both other regions of the country and abroad.

To propagate superior leadership, IMI-K & B have chalked out its core values for all. These are transparency, passion for excellence, concern for society and environment & Integrity:  Straightforwardness and honesty. With such strong values, IMI-K & B are bound to live upto their motto - “To be one of the premier business schools in the Asia-Pacific region”

Both Kolkata and Bhubaneswar offer a PGDBM programme along with other Management Development Programmes for professionals who already have jobs but want to enhance their skills further. An AICTE approval to start Post Graduate Diploma in Management (PGDM) is on its way for the institute at Bhubaneswar. Once approved and accredited by AICTE, the program will start with full zest to help the students develop their skills and acquire an in-depth knowledge of their chosen area of specialization.

Kolkata has concentrated on its international liaisons right from the beginning in order to get a solid base for consistent exposure. A joint research programme on retail has been confirmed with the Oxford Institute of Retail Management (OXIRM), which is a part of the Said Business School, Oxford University. This will give the students an edge over others and exposure to international schooling as well.  A Letter of Intent with Chartered Institute of Management Accountants), UK for knowledge sharing, has also been signed by IMI-K.

With the successful precedence of IMI-Delhi, both IMI – K and B have set themselves to a challenging curriculum, so that the students get a thorough training and are offered to the industry as trained business leaders. The placement cells and career forums are bound to gain ground and pave a path of secure jobs in future for these graduates.

Ranked 3rd in intellectual Capital, IMI starts campuses at Kolkata and Bhubaneswar

The International Management Institute (IMI) continues to add glorious milestones to its legacy of 30 years as it has been ranked third in intellectual capital among all the business schools in India. IMI is renowned as India’s first corporate sponsored B school. Sponsorships from major corporate giants, such as RPG Group, ITC, SAIL, Tata Chemicals, Nestle and many others clearly indicate the level of trust majority of companies have in IMI’s academic excellence. Accreditations and remarkable rankings of IMI by numerous professional agencies, business magazines, and other reputed management institutes testify the place of esteem IMI enjoys.

To bring the quality management education within the reach of more students from eastern regions of India, IMI introduces two new campuses at Kolkata and Bhubaneswar. These campuses are set to add new dimensions to the existing reputation of IMI to provide the quality management education. Located at the capital cities of West Bengal and Orissa, these two business schools are two new jewels in the crown of educational excellence IMI brings to the country. Despite being newer in terms of their foundation, IMI Kolkata and IMI Bhubaneswar are going to maintain the same level of quality, mentoring and academic rigour, utilizing the expertise of the same renowned faculty from IMI Delhi. IMI Bhubaneswar and IMI Kolkata will be offering PGDM programs counting on the same richest intellectual capital for which, IMI has been awarded the third rank in India.

Relying on his decades of experience and vision of seeing IMI Kolkata as a center of excellence in management education, Dr. Asish Bhattacharyya, Director, IMI Kolkata said, “IMI Kolkata shall earn global recognition as a Centre of Excellence in management education. It will produce socially sensitive, globally aware and value driven individuals, capable of providing leadership. It shall give equal importance to teaching and research, which is contextual and relevant to India. The sole objective of all the activities that the institute will undertake is to impact management practices, particularly in India and its neighbouring countries.”  In an answer to a question about the future view of IMI Kolkata, he confidently responded, “In the foreseeable future, IMI-K will emerge as the best business school in Eastern India.”

Emphasising the importance of knowledge creation and the related gaps in the education system new IMI institutes aim to bridge, IMI’s Director General Dr. Pritam Singh mentions “Everyone is talking about making India becoming a knowledge hub but that is not possible if our business schools do not start emphasizing on knowledge creation. Even if there have been creation and dissemination of knowledge in few cases, there is no application of knowledge. Most schools are not holistic or integrated which is a major issue.”

IMI aims to continue its journey of excellence with IMI Kolkata and IMI Bhubaneswar. All the distinguishing features of IMI Delhi, such as quality of education, faculty, infrastructure, corporate linkages, diversity in classrooms, financial aid and excellent placement assistance will be considered as the building blocks for the new campuses. With this strong a foundation, it doesn’t seem an overstatement that IMI’s new campuses will raise the bar of standards already set by IMI Delhi.

International Management Institute making a foray in Kolkata and Bhubaneswar

With a sound legacy of International Management Institute Delhi, the same success story is now being replicated in the cities of Bhubaneswar and Kolkata. These are business schools with a core value of excellence in producing sound graduates who will be set to take the business world by storm. With the Delhi institute having been ranked as the 14th in 2010 by Business World, it only shows the credibility and effort of the professors and management to live by their aim of creating excellence.

IMI’s journey of 28 years has resulted two excellent seats of business studies in Bhubaneswar & Kolkata. Being the first management school in India with corporate patronage, the school is ambitious to repeat the success in these branches. The Eastern part of the country is now equipped with world class facilities and a team of experienced professors to set up the school in Kolkata & Bhubaneswar. It promises an excellent academic environment for students with faculty from both other regions of the country and abroad.

Both schools offer a PGDBM programme along with other Management Development Programmes for working professionals. IMI Bhubaneswar is also in the process of acquiring AICTE approval to start Post Graduate Diploma in Management (PGDM). Once approved and accredited by AICTE, the program will equip students to develop their skills and get an in-depth knowledge of their chosen area of specialization.

A joint research programme in retail with Oxford Institute of Retail Management (OXIRM), which is a part of the Said Business School, Oxford University, will give the students an edge over others and exposure to international schooling as well. IMI-K has also signed a Letter of Intent with Chartered Institute of Management Accountants), UK for knowledge sharing.

Under superior leadership, IMI-K & B have chalked out its core values as respect for all, transparency, passion for excellence, concern for society and environment & Integrity: Straightforwardness and honesty. With such strong values, IMI-K is bound to live upto its motto - “To be one of the premier business schools in the Asia-Pacific region”

Both IMI – K and B have set themselves to a challenging curriculum, so that the students get a thorough training and are offered to the industry as trained business leaders. With IMI- Delhi’s history of success, the career forums are bound to gain ground and pave a path of secure jobs in future.

Being ranked amongst the top B schools of India at a position of No 14, International Management Institute, Delhi has achieved the perfect formula of success to be replicated in Kolkata and Bhubaneswar. With sound accreditations and international tie ups, the schools are prepared to aid the graduation of effective business leaders of the future. Both schools offer a PGDBM programme along with other Management Development Programmes for working professionals.

Bhubaneswar is close to accreditation from AICTE, post which it will be absolutely equipped to ready the students in their optional choice of specialisation. Oxford Institute of Retail Management (OXIRM), which is a part of the Said Business School, Oxford University, has signed an agreement of joint research in retail with IMI-K.

The career path of the graduates is bound to be in good hands with close to three decades of superior education provided by IMI.

IMI Placements 2011: Highest salary offered Rs 26 lakhs

The recession that loomed large and seemed like it was here to stay for a while, is on its last leg. During the last fiscal, India Inc showed a very healthy growth of 8% - which is excellent news for the employment market.
IMI is firmly on the employer radar and large corporate houses from across the globe are employing IMI (ND) graduates. After rigorous rounds of interviews, lots of nail biting and hours filled with the tension of uncertainty, students, attired in their corporate best were in for a huge surprise: IMI set new records with their new PDGM pass outs. The highest salary offered for an international placement was Rs. 26 lakhs per annum. On the domestic front the highest salary offered was slightly lower at Rs. 18 lakhs per annum. On the whole, the average stood at Rs. 9.5 lakhs per annum.
The PDGMHR graduates clocked in Rs. 11.46 lakhs as the highest score in the domestic market. The average stood marginally lower Rs. 8.5 lakhs.
Prominent recruiters offering these healthy pay packets came from companies like Bloomberg LP, Deloitte, Deutsche Bank, E&Y Global, Jumbo Electronics, Panasonic India, UB Group, etc.
Quite predictably the IT sector dominated, followed closely by BFSI and consulting. The automobile industry was represented by Tata Motors and Maruti Suzuki, while QAI, RPG Group and Firstsource were actively recruiting IMI graduates.

The pie charts below show a clear picture of sector wise percentages of employment.

Companies that came to interview are listed below in alphabetic order.

IMI FAMILY GROWS, opens two new campuses; New Chief Director Dr Pritam Singh joins IMI

Two new IMI campuses set to open in Kolkata and Bhubaneswar
Expanding into areas not yet tapped, International Management Institute (IMI) is all set to make new beginnings in Kolkata and Bhubaneswar. The focus is of management is changing. While theory remains strong, the practical aspect dominates. IMI students are trained to be managers from day one, making them job ready the moment they pass out. Not much time is spent by companies in training new entrants, and IMI graduates are offered top bracket salaries from day one. 100% placements were the order of the day with salaries averaging at a glorious Rs. 9.5 lakhs p.a. The top offer stood at Rs. 26 lakhs p.a.

Two new campuses mean many more efficient and effective managers. Each campus is equipped with top of the line infrastructure, facilities, global links, dynamic industry interface and faculty that will keep the students thinking: engaged and innovative. Both Kolkata and Bhubaneswar campuses are geared up to make their debut in the session beginning 2011. In keeping with the IMI tradition, both the campuses are located in the heart of Kolkata and Bhubaneswar, making them well connected for commuting purposes. Students and faculty don’t have to travel to and from difficult to access remote areas.

Heading both these prestigious new IMIs, Padma Shri Dr Pritam Singh joined IMI Delhi as Director General on April 7, 2011. He comes with decades of experience in MDI, Gurgaon and IIM Lucknow. Quite evidently, he has played a key role in making them names to reckon with in the world of Management Studies. A management guru, he has developed its education globally. He is unafraid to explore. Taking bold steps based on past experience make Dr Pritam Singh the excellent leader IMI seeks. His stepping on to the board is a definite gain for the group – both the existing and the new.

IMI opens new windows of opportunity in the Eastern Region

New Delhi, March 28, 2011: Good news is in store for B-school aspirants from Eastern India. With two new International Management Institute (IMI) campuses ready for admissions in Bhubaneswar, Orissa and Kolkata, West Bengal— students from the Eastern region will be able to receive international-quality management education – virtually at their door steps and will not have to travel to other parts of the country in search of quality education. All this is in keeping with IMI’s aspiration to scale new heights as one of the top-notch business school in the Asia-Pacific region.
The current move is expected to offset the huge imbalance in the demand and supply of quality management education in the eastern belt. As things stand today, most good b-schools are concentrated in north and west India. But if you look east, there’s nothing in Orissa apart from XIM Bhubaneswar. Similarly in Kolkata, there’s nothing of the stature of IIM Calcutta. Slightly northwards, there’s XLRI Jamshedpur which is top quality. But that’s about it. As a result there exists a wide gap which these two institutions expect to fulfill.
Brand IMI is one of the foremost management institutions of India, promoted by the Rs 17000 crore RPG Group having diverse business interests. IMI’s vision is to be recognized as world-class business school, achieving excellence in management education and research through continuous competency building.
IMI’s journey towards excellence began with the establishment of the first campus in New Delhi in collaboration with IMI Geneva (now IMD, Lausanne) in 1981. Over the last 30 odd years IMI has made a mark for itself among the leading management institutions. It is indeed a matter of pride for the IMI family that IMI Delhi is ranked 14 overall (including IIMs) and 3rd in intellectual capital among India’s Best B-school survey published by Business World (June 28, 2010). Today IMI is India’s first corporate sponsored Business School with sponsorship from corporate houses like RPG Enterprises, Williamson Magor, Nestle, ITC, Tata Chemicals, BOC, etc.
IMIs USP lies in its industry-oriented curriculum and international standard curricula developed in collaboration with reputed academic institutions like International Institute for Management Development (IMD), Faculty of Management, McGill University, Montreal, and Manchester Business School, U.K. IMI Delhi’s educational programs have been recognized by All India Council for Technical Education (AICTE) and Ministry of Human Resource Development, Govt. of India. In addition, IMI Delhi has also received national level accreditation from NBA (National Board of Accreditation) and international level accreditation from SAQS (South Asia Quality Systems). The management programmes of IMI are designed to enable young professionals to develop both intellectual as well as perceptive skills as future managers. The underlying philosophy behind this revolves around the notion that world-class business leaders are not mass-produced; they are customized and developed in an atmosphere conducive to learning and knowledge creation.
As the new feathers in IMI’s cap - IMI Bhubaneswar and IMI Kolkata will be offering best international-standard management education. Both the institutes would be offering PGDM programs based on Industry-oriented curriculum. The overall aim is to groom students for immediate employability as well as develop cutting-edge course curriculum and specialized research programmes and other activities of the Institute in collaboration with Industry partners. Both the institutions would like to be known as international-level centres of excellence in learning – focusing on teaching and research in the field of management in sync with the fast changing interconnected world.
Both IMI Kolkata & IMI Bhubaneswar campuses are ready. And if all goes well the IMI authorities expect to be in a position to run regular PGDM programme from July 2011 after formal approval from the All India Council for Technical Education (AICTE), which is expected in May 2011. Meanwhile applications have started pouring in from prospective candidates. 
IMI Kolkata, located in Alipore, a posh locality in the city, which is the largest metropolis of Eastern India, plans to collaborate with top business schools of the world. It has already entered into an arrangement with the Oxford Institute of Retail Management (OXIRM), which is a part of the Said Business School, Oxford University, for joint research in the sphere of retail management.
IMI Bhubaneswar, located in one of the fastest growing metropolis of Eastern India, with its 16 acre Campus, promises to write its own saga of excellence. It has by far the largest campus in the IMI family. The IMI Kolkata campus has an area of 3 acres. The IMI Delhi campus also has an area of 3 acres.
Both the campuses have world-class facilities that stimulate interactive learning with separate academic and residential blocks. The academic block features lecture theatres, faculty offices, administrative offices, meeting rooms and auditoriums that can house up to 300 students. The residential blocks are equipped with wi-fi and can accommodate about 400 students in the campus.
Both IMI-B and IMI-K have completed recruitment of the first batch of faculty members.
Once selected, finances should not be a problem for the IMI students as tie-ups for bank loans will be available.
Each of the new IMIs will have independent directors with the board of governors having a number of common members including the Chairman, Mr. Sanjiv Goenka. In terms of governance, these schools will be independent b-schools.
About International Management Institute
International Management Institute (IMI) is one of the most reputed and fastest growing brands in the business school segment in the Asia-Pacific region. Its mission is to develop outstanding managerial talent capable of providing enlightened and effective leadership as well as further the advancement of knowledge in the field of management by undertaking relevant research programmes and to collaborate with counterpart institutions, industry and government in the development and application of new knowledge for the benefit of society.
IMI Areas of Strength:
- India’s first corporate sponsored Business School with sponsorship from corporate houses like RPG Enterprises, Williamson Magor, Nestle, ITC, Tata Chemicals, BOC, etc.
- Recognized by All India Council for Technical Education (AICTE) and Ministry of Human Resource Development, Govt. of India.
- Received national level accreditation from NBA (National Board of Accreditation) and international level accreditation from SAQS (South Asia Quality Systems).
- Empanelled by the Ministry of External Affairs, GOI, for special Technical Cooperation Programme under which the Institute gets  executive MBA students on a GOI scholarship from various developing countries across the world for its 15 months Executive Post Graduate Programme in Management.
- IMI Delhi is ranked 14 overall (including IIMs) and 3rd in intellectual capital among India’s Best B-school survey published by Business World (June 28, 2010).

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