The Indian Institute of Management Lucknow (IIML) opened a campus in Noida on Wednesday, on the outskirts of the national capital that will focus on updating the skills and knowledge of working professionals.
The campus, spread over 20 acres and built at a cost of Rs 60 crore, will cater to working professionals in Delhi and nearby areas, IIM-L chairman Hari Shankar Singhania told reporters after inaugurating the Noida branch. IIML, he said, is the first IIM to start a second campus.
IIM Lucknow’s Noida branch will focus on updating skills and knowledge of professionals
The campus is spread over 30 acres and has been built at a cost of Rs 60 crore
Campus wil be functional by September this year. It will have 20 full-time faculty members
to begin with
The centre will offer the Working Management Programme
“In keeping with its vision of becoming a global, socially conscious and integrated centre of learning, contributing towards management development both in India and abroad, IIML Noida campus will be the centre of management excellence and march ahead with global tie-ups and world class programmes,” he said.
The campus, which is expected to be functional by September this year, will have an academic block, a library, an administrative section, a hostel, a computer centre and other facilities.
To start with, the centre will offer the Working Management Programme. Later, the campus will offer global management programmes, IIML Director Devi Singh said. “The campus will be global in scale and we plan to have around 20 full-time faculty members here. The courses will be conducted with an underlying emphasis on creating global business leaders,” he said.
The modalities for admission and other aspects are being worked out, he added. IIM-L has also decided to add 147 seats over the next three years, with the additional infrastructure expected to cost around Rs 43 crore, to implement reservation for OBCs.
Increasing the number of seats in a phase-wise manner, the institute will add 45 seats in 2007-08, followed by 55 seats in 2008-09 and 47 seats the next year, IIML director Dr Devi Singh said today on the sidelines of the inauguration of IIML’s Noida campus.
He said the additional infrastructure needed to implement the reservation would cost around Rs 43 crore. “We are spending the money for enhancing facilities such as classrooms, auditorium and hostels. We have already started work on building a hostel in our campus in Lucknow,” he said.
Presently, IIM-L has about 300 seats. “We have a teacher-student ratio of 1:10. In order to ensure quality, we do not want to bring down this ratio. We presently have 60 faculty members,” he said. IIM-L has proposed to the government to grant another 60 teachers in view of the increase in the number of students.