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).
