Indian Institute of Management Bangalore

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Indian Institute of Management Bangalore
Established: 1973
Type: Education and Research Institution
Dean: Prof. Shyamal Roy
Director: Prof. Pankaj Chandra[1]
Location: Bengaluru, Karnataka, India
Campus: 100 acres
Website: www.iimb.ernet.in

The Indian Institute of Management Bangalore (IIMB) is one of India's premier management institutes. It was established in the year 1973. It is widely considered to be one of the toughest to get in MBA programs in the world. The IIMs are more selective than all the Ivy League schools put together. The year 2007 saw more than 2 lakh candidates appearing for the Common Admission Test, the entrance exam for the IIMs. The IIMs were created by the government of India to augment management talent and resources in the country. The institute is located in India’s Information Technology capital, Bengaluru.

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[edit] Board of governors

Mr. Mukesh D Ambani, the Chairman & Managing Director of Reliance Industries Ltd., is the current Chairman of the Board of Governors of the institute. The Board consists of the Director and few professors of the institute and many successful people from academia and the industry. The new director is Prof. Pankaj Chandra. IIMB was founded and directed by Padmabhushan Prof. N. S. Ramaswamy.[2][3]

[edit] Educational programs

The institute offers the following long duration programmes:

  • Postgraduate Programme in Management(PGP)
  • Fellow (Doctoral) Programme in Management (FPM)
  • Post Graduate Programme in Software Enterprise Management (PGSEM)
  • Post Graduate Programme in Public Policy and Management (PGPPM)
  • General Management Programme for IT Executives (GMITE)
  • Executive General Management Program (EGMP)

In addition to the long-duration programmes, IIMB offers a wide range of executive education programmes to meet the continuing education needs of business executives. Apart from teaching, the faculty of the institute do consulting for various public and private organisations in India.

The International Masters Program in Practising Management (IMPM) is an international collaborative executive education program jointly offered by IIMB with Stanford University, London School of Business,GSB Chicago,INSEAD, McGill University, Lancaster University, ESADE Business School and a consortium of Japanese universities. It is globally recognised as an innovative programme in the field of executive education

The institute has recently opened a campus in Singapore.

[edit] Campus

Often termed as the place to "B",the accommodation consists of 12 hostel blocks, one executive block, one MHU block for PGPPM participants and the executive accommodation at the Management Development Center. All the students are provided with accommodation on campus in well-appointed single room in the institute hostels. 24 hours Internet connectivity, fully automatic washing machines, music room and recreation room are standard features. The campus is also Wi-Fi enabled. Laundry and Ironing services are also provided. The hostels also have intercom facility, which is linked to the institute intercom. There are 3 STD/ISD, PCOs in the hostel premises for the convenience of the student apart from coin operated public telephones. There is also a student run library called 'Book Rack', a music club and students Shoppe called 'MARS' in the hostel premises.

The institute has the excellent accommodation for executives participating in various management development programs in the Management Development Centre. In addition to the existing facilities, new accommodation facilities are coming up for executives attending various programs. The institute provides guest room facility for visitors. Dining and canteen facilities are provided for each type of accommodation within the accommodation premises.

The institute believes in the aphorism “Healthy minds dwell in healthy bodies “and to that end the students are encouraged to use the sports facilities available on the campus. A state-of-the-art gymnasium, a football/cricket ground, an indoor badminton court, a hard surface tennis court, a basketball court, a jogger’s park, and two courts for the favorite local sport Tsepak Ball. All these serves as a great stress buster. A swimming pool and new integrated sports complex are in the offing.

[edit] Recognition

The institute is globally recognized and is considered to be one of the most prestigious business schools in Asia. Asiaweek has rated IIMB as one of the top 5 business schools in Asia by reputation[1]. It has been rated as the best business school in India by the magazine Business Today [2]. It was a part of the Wall Street Journal's list of the top 100 global business-schools, mentioned in WSJ Guide to B-Schools 2003. It was the only Asian business school to figure in the list [3].

[edit] Placements

IIM Bangalore has seen excellent placements for the past many years. Leading investment banks such as Goldman Sachs , Merrill Lynch , Deutsche Bank , Lehman Brothers; top tier consulting firms such as McKinsey , BCG , Bain and A. T. Kearney, Private Equity firms like Blackstone and marketing firms like HUL, P&G are among the top recruitres.

[edit] Events

  • Unmaad, one of India's biggest inter-college events is held annually at the IIM Bangalore campus. Spanning three days of non-stop events, Unmaad draws thousands of participants from India's premier institutions and features a host of events like dramatics, music performances, dances, quizzes, debates, street plays, professional concerts and the grand Unmaad fashion show.
  • Vista, the management festival at IIM Bangalore is again one of India's largest business-school meets. Students from all over India and outside gather at IIM Bangalore for a variety of events such as paper presentations, mock boardroom events, marketing and strategy games and so on.

[edit] References

  1. ^ Pankaj Chandra is new IIM Bangalore director. The Economic Times (November 3, 2007). Retrieved on 2007-11-04.
  2. ^ Faculty shortage plea holds no water: IIMB founder-director. The Hindu (September 2, 2006). Retrieved on 2007-07-09.
  3. ^ NITIE Felicitates its former Director Padmabhushan Prof. N. S. Ramaswamy. NITIE (February, 2006). Retrieved on 2007-07-09.

[edit] External links

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