| Indian Institute of Management Indore | |
|---|---|
| Motto | Siddhi Moolam Prabandhanam (Sanskrit) |
| Motto in English | The root of all achievement is in Management |
| Established | 1996 |
| Type | Public |
| Director | N. Ravichandran |
| Academic staff | 45 full time,[1] 49 visiting [2] |
| Students | 900 MBA, 60 Exec MBA, 25 PhD and 120 IPM [3] |
| Location | Indore, Madhya Pradesh, India |
| Campus | Suburban, 193 acres (0.8 km2) |
| Affiliations | Indian Institutes of Management |
| Website | www.iimidr.ac.in |
Indian Institute of Management Indore is an autonomous management institute in Indore, Madhya Pradesh. Instituted in 1998, IIM Indore is the sixth addition to the IIM family.
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IIM Indore which came into existence in 1996, was established as the sixth Indian Institute of Management after IIM Calcutta (1961), IIM Ahmedabad (1963), IIM Bangalore (1972), IIM Lucknow (1984) and IIM Kozhikode (1996).[4] The institute was the youngest among IIMs till 2008, when IIM Shillong was instituted.[5]
The temporary campus was located in Rajendranagar in Indore till 2002, when the institute moved to its current campus situated at Rau on the Rau-Pithampur road close to the Pithampur Special Economic Zone.
On October 3, 1998, the foundation stone of the new IIM Indore campus was laid by Mukesh Ambani. The sprawling 193-acre (0.78 km2) campus is amongst the biggest for management institutes in the country. A large part of the campus still remains unused as the institute is relatively young. Expansion plans include building more hostels to accommodate the growing number of post graduate and executive students, a state of the art sports complex and residential quarters for doctoral students.
The PGP is a full-time residential programme. The new campus started with 4 hostels each housing 60 students. As the intake has gradually increased, today, there are 9 hostels with 2 more close to completion. Rooms in all the hostels have direct computer connectivity to the main LAN that provides an 8 Mbit/s internet connectivity. For the One Year Full Time MBA – the EPGP, a separate air conditioned hostel has been set up that offers super-luxury accommodation and can house almost 200 students – future proof for the substantial increase in intake planned for the One Year Full Time EPGP. In addition to these, IIM Indore also has a Management Development Centre (MDC) which houses the MDP participants. Dedicated mess facilities and round the clock canteen facilities are available in between the hostels. The common rooms at the Hostels have a 52" LCD TV with satellite cable, in addition to the facilities for the indoor games. It is also the scene of action for get-togethers, parties and informal discussions.
The IIMI Library holds knowledge resources predominantly related to management and allied subjects. The entire Library collection including the CD-ROM databases and the online databases are made available through Institute’s network. Users can access the online databases, video library and also find out the real-time availability of library materials from their own computer terminals. The Library offers a range of information services set to the highest professional standards.
The Library resource includes over 15000 books in the area of Management and related subjects, 425 journals (350 Foreign and 75 Indian) specific to the academic and research needs of the academic community and over 1000 selective e-journals available in full-text.[6]
The new sports complex which has a swimming pool, a squash court and an auditorium was inaugurated on October 2011 by Shri L.N. Jhunjhunwala, Chairman, Board of Governors, IIM Indore and has become operational since then. During his inaugural speech, Shri Jhunjhunwala congratulated the IIM community for state-of-the-art sports complex which is home to a world-class swimming pool and other excellent facilities. He further said that this will be an excellent opportunity for the students of IIM Indore to sharpen their athletic skills and bring the glory to the country.[7]
Like all IIMS, IIM Indore awards diplomas, not degrees.[8] IIM Indore offers a Post Graduate Diploma in Management (PGDM) which is equivalent to an MBA, Fellow Programme in Management (FPM), Management Development Programme (MDP), Executive Post-Graduate Programme (EPGP) and Post-Graduate Certificate Program in Management (PGCPM). There are options to specialise in various fields such as Finance, Operations, Marketing, Systems etc. The students are given flexibility to choose the specialisation of their choice. Starting in 2011, IIM Indore also started a five year Integrated Program in Management, for students who have passed out Class XII.[9]
The admissions to IIM Indore PGP , the flagship Post Graduate Program take place through the Common Admission Test (CAT) conducted by the IIMs. The NRI candidates are also eligible to apply and should have scored a minimum GMAT score of 650 to be shortlisted for further evaluations. [10]
The Student Exchange Programme ensures that the students are exposed to the latest trends in management across the best business schools in the world. Apart from providing a chance for students to interact and really be a part of some of the world's top universities for a term, the programme also enables the rest of the batch here to benefit from the foreign students who travel here in their place. The Student Exchange Programme Committee (see below under Student Activities) handles the logistics of the programme. The institute had its first student exchange of six students with Ecole de Management de Lyon (EM Lyon), a premier business school based in Lyon, France, in 2005. The exchange program has advanced rapidly and the institute currently has exchange programs with two more business schools in France, two in Germany, two in USA one in China, one in Canada and one in New Zealand, with several others on the anvil.
| Institute rankings | |
|---|---|
| Business – India | |
| Business Today[11] | 4 |
| Hindustan Times[12] | 5 |
IIMI was ranked #4 by the Business Today 50 best business schools of 2011[11] and #5 by the Hindustan Times India's top 50 business schools of 2011.[12]
IIM Indore boasts of an eminent faculty team from the academic and professional fields. Consisting almost entirely of PhDs, the faculty is a unique blend of the young and the experienced. Apart from full-time faculty, visiting faculty from many prestigious management institutes all over the country as well as from the industry visit the institute and impart knowledge to the participants.
The Institute also organizes series of seminars and lectures where eminent speakers share their experiences with the IIMI Community.
The activities of the students are coordinated by the Students Activities Council (SAC), an elected body of student representatives. The SAC follows a Constitution document in its activities and initiatives, that are responsible for various operations in the institute. There are currently 10 committees under SAC:
The secretary of each committee, along with the SAC Co-ordinator (SAC-C) and the SAC Financial Advisor (SAC-FA), form the 12-member SAC Executive Council that advises the institute administration.
There are also various Interest Clubs in IIMI, the notable among them being :
IIM Indore also has other interest groups include adventure, photography, movies, etc. The newly formed DebSoc (Debating Society) aims at promoting debating and literary talent in IIM Indore. The students also run Voyage Capital, the informal mutual fund, who not only invests on behalf of the student community, but also spreads awareness by coming out with the research reports and newsletters.
Various contests, events and tournaments are held throughout the year, giving students a chance to compete among themselves. Apart from these regular tournaments, the institute has its own annual sports week, "Ranbhoomi". Other major student activities include:
IIM Indore publishes a quarterly business magazine, IIM Indore Management Canvas (ISSN 0975-5012).[15] A student publication, it is read by business leaders of several sectors in India.[16] Contributors have included Anand Mahindra, Subroto Bagchi, Gaston Legurburu, and Subhasheesh Anand.
āhvān (previously known as IRIS) is the annual management festival of IIM Indore, first held in 2000. Participation, both from students and corporate India, has been on the rise each year.[17] With a gamut of events ranging from the leadership event 'Ashwamedha' to a host of other events targeted at every functional sphere of management, āhvān is successful in pulling in the best management students across India. Among the most popular events are Chanakya (Consulting), Kalpavriksha (Social Business plan), Fin League (Finance) and Gordian Knot (cross functional). The event ends with a live concert, Livewire, featuring popular singers and bands like Euphoria, Mohit Chauhan, Indian Ocean and Parikrama have performed.[18][19]
In line with IIM Indore’s focus on creating a positive impact on the social an cultural environment in which it functions, Indore Marathon, an initiative taken by the community of IIM Indore, made a successful debut in 2008 with more than 5000 citizens running for peace on the 2nd of October i.e. Gandhi Jayanti. The Indore Marathon is the true test of Endurance and character and sends out a statement of unity and support for a cause. With its theme of “Run for an educated India" this year, the Marathon raised the issue of importance of education in India. [20]
The Institute's campus is located at Prabandh Shikhar, on Rau-Pithampur Road, off Agra-Bombay Highway, i.e. A.B. Road, Indore. The campus is about 19 km away from Indore railway station, 18 km from the main bus-stand
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