IIM-A for expansion to be top global B-school
After becoming elite business school in Asia-Pacific, the time has come to aim for global recognition, Dholakia said.india Updated: Apr 03, 2006 10:23 IST
After being rated as the top Business school in India and the Asia-Pacific region, the Indian Institute of Management-Ahmedabad is currently on a "major expanision drive" and has set its sights on being the finest B-school in the world.
Launching the one year Post-graduate Programme in Management for Executives (PGPX), Director of the institute Bakul Dholakia said, "In the last three years every single rating agency, having different methodologies and data-bases, have voted IIM-A as the best B-school in India and among the top three in the Asia-Pacific region."
"From this position of strength, we felt we should define our process for the future," he said.
"After becoming the top B-school in India and in the Asia-Pacific, the time has come to set our sights higher and aim for global recognition," Dholakia said adding IIMA was competing with the best B-schools in western Europe and north America.
"The markets for management education in India and abroad has received our management programmes very well," he said adding that in order to become a part of the elite group of B-schools in the world, IIM-A too needed to become like them.
"All the top B-schools are large in terms of their size (of their campuses), have diverse activities, world-class infrastructure and focus on research and consultancy.
"If we wish to rub shoulders with them, then we have to pursue a similar strategy," Dholakia added.
Dholakia said IIM-A was currently the largest B-school in India, with a total student strength of 400-425 students, and about 75 full-time faculties.
"The world's top business schools have a student strength of over 1,000, have more than 200 faculty members and have large corpuses," he said adding that it was "essential to expand" in terms of the campus size, the number of students and faculty to achieve global fame.
"In the last three years, we have formulated and are implementing a major expansion programme at IIM-A," Dholakia said.
Under this programme, the intake of students for the two-year post-graduate programme has been increased from 180 to 280, the number of seats for the fellowship programme on management (which is equivalent to a PhD) has been increased from five to 25 and have on Sunday launched the PGPX programme with a batch size of 61 students.
The PGPX programme is the first major long duration degree programme which has been introduced at IIM-A since the introduction of post-graduate Agri-business management in 1972.
Dholakia said that IIM-A currently has a diverse portfolio of products and has tied up with University of British Columbia of Canada for the international immersion module of the PGPX programme.
He said IIM-A was offering short duration courses in reputed foreign institutes and had aligned with reputed B-schools for student exchange programmes.
The institute had tied up with an institute of France and was in dialogue with other north American and European schools for similar alliances, Dholakia said.
The institute had set up different centres like the centre for retail management, e-governance, telecom, policy research, infrastructure centre for reserach intiatives in all these sectors.
"I belive IIM-A is progressing on the path to emerge as the top-ranked B-school in the world," he added.
Speaking at the launch, the IIM-A Chairman and the chief mentor of Infosys, Narayanamurthy asked the IIMs to increase the intake capacity of the students.
"We need to produce more MBAs. Each IIM should have alteast 1,000 students. By producing high quality of people we are not only serving our country but the world," he said.
Narayanamurthy was of the view that a section of the competent, productive students from India's premier educational institutions should migrate to foreign lands so that they can be India's ambassadors and can demostrate to the world that India can add value at a global level.
He said that India was a nation of about 1 billion people and so it should not be worried about some of the best brains migrating outside the country.
The newly launched PGPX programme has about six international candiates among 61 students and has an average internation work experience of over 41 months.
These students hail from different backgrounds like financial services, information technology, management consultancy, manufacturing, shipping, telecom, media and others.
First Published: Apr 02, 2006 14:50 IST