IIM-B plans campus in West Asia
"There?s a great demand from West Asia for overseas campuses of IIM-B," reports BR Srikanth.india Updated: Mar 16, 2006 13:57 IST
After Singapore, the Indian Institute of Management Bangalore (IIMB) is planning to set up another campus in West Asia.
The IIM-B — all set to improve its brand as a global business school — will commence the inaugural executive programme at Singapore this year-end synchronising with the academic year in India.
Ahead of this, the academic as well as logistics of the programme are being addressed by the business school’s board and faculty, director of IIM-B Prof Prakash Apte told newsmen here on Wednesday.
Apte said, “There’s a great demand from West Asia (for overseas campuses of IIMB), but we want the Singapore venture to take off first. Then, we will look at other markets. The logistics and legal issues will take some time (prior to commencement of courses in Singapore).”
Right now, the IIM-B authorities are concentrating on ensuring a smooth launch in Singapore.
“We are sorting out legal tangles because we must modify our memorandum of association (MOA), and the Registrar of Societies (Karnataka) must approve the amendments. At the same time, a detailed course outline and programme details are being prepared. We are going to restrict ourselves to executive programmes and not are offering MBA degree.”
At IIMB, Prof Apte said, the intake of students would increase to 260 this academic year from 230. The following year, the number of students will touch the 300 mark.
The director sought to play down competition between business schools to bag the best positions or whopping packages.
“The media has turned the placements into a competition between IIM-Ahmedabad and IIM-Bangalore. Somebody even asked me why IIM-Calcutta has been left out (of the competition). We don’t compete with one another,” Prof Apte said.
The IIMB will commence the inaugural executive programme in Singapore this year-end. There’s a great demand from West Asia to open an IIM-B campus there.