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In a major initiative to help the managers in the country to hone their skills, the six leading Indian Institutes of Management have now decided to start additional courses and increase the intake in many existing courses from the coming academic year. The decision followed a directive from the Human Resource Development Minister, Shri Arjun Singh to the Directors of the IIMs to broadbase their activities in the light of the changing profile of the country’s economy.
Some of the new courses are Executive MBA at IIM- Ahmedabad (50 Seats); One Year Global Managers’ Programme (GMP- 30 Seats), One Year Programme Programme on Leading and Managing (80 Seats), One Year Programme for Development of Entrepreneurs and Managers turned Entrepreneurs (PDSE-300 Seats) at IIM- Calcutta; 6 Month Certificate Programme in Management for Defence Officers at the NOIDA Campus of IIM-Lucknow (50 Seats) and Executive MBA through Distant Education Module at IIM- Kozhikode (100 Seats).
The existing Programmes in which the intake has been increased are the Fellow Programme in Management ( From 15 to 20) and Fellow Development Programme (From 30 to 40) at IIM- Ahmedabad); Post Graduate Programme(from 180 to 260) and Post Graduate Programme in Software Enterprise Management (from 120 to 150) at IIM- Bangalore; Post Graduate Programme (from 240 to 260) and Post Graduate Programme in Agro-Business Management (from 30 to 60) at IIM- Lucknow; Executive Post Graduate Programme in Management in Mangement (from 20 to 60) and Post Graduate Programme in Management (from 120 to 180) at IIM- Kozhikode).
The six IIMs have also provided a record amount of about Rs. 2.35 Crores need based financial assistance to the students in the current academic year. IIM- Ahmedabad leads the table having provided Rs. 69.78 lakhs in assistance. This is followed by IIM- Bangalore (Rs. 58.08 Lakhs), IIM- Lucknow (Rs. 43. 70 Lakhs), IIM-Kozhikode( Rs. 26 Lakhs), IIM- Calcutta (Rs. 20.5 Lakhs) and IIM- Indore (Rs. 16.50 Lakhs). It may be recalled that on 29th June, 2004, a meeting of the Chairmen and directors of IIMs was held under the Chairmanship of Shri Arjun Singh, Union Minister for Human Resource Development. In this meeting the IIMs undertook to ensure that no student faces any difficulty in pursuing education at the IIMs for want of financial resources. All students whose family & parental income is upto 2 lakh a year are to benefit under the scheme finalized by the Board of Governors of all IIMs. It is in that context that the IIMs have granted above mentioned financial assistance to the students under their Need Based Financial Assistance Programme. This is also in consonance with Common Minimum Programme of the present Government that nobody will be denied professional education because he/she is poor.
Indian Institutes of Management (IIMs) located at Ahmedabad, Kolkata, Bangalore, Lucknow, Indore and Kozhikode are institutions of excellence, established with the objectives of imparting high quality management education and training, conducting research and providing consultancy services in the field of management to various sectors of the Indian economy.
The IIMs conduct Post-graduate Diploma Programmes in Management (equivalent of MBA), fellowship Programmes in Management (equivalent to PhD), Short-term Management Development and Organisation based programmes as well as carry out Research and Consultancy for the industry.
These Institutes conduct research to cater to the needs of non-corporate and under-managed sectors, viz. Agriculture, Rural Development, Public Systems Management, Energy, Health Education, Habitat, etc.
IIMs play a leadership role in the nation’s managerial manpower development and carry out research in emerging areas. These Institutes are recognized as premier management institutions, comparable to the best in the World for teaching, research and interaction with industries. IIMs being Role Models have shared knowledge and skills with other institutions to improve their quality and standards in management education. IIMs have earned an international reputation for the quality of their alumni.
Details of the new Courses, increased intake in various programmes and need based assistance given by different institutes are given below in tabular form.
INCREASE IN INTAKE IN EXISTING COURSES / ADDITIONAL COURSES PROPOSED TO BE INTRODUCED BY THE IIMs FROM THE ACADEMIC
YEAR 2005-2006
Sl. No.
Name of the Institute
Courses Intake 2004-2005
Intake proposed for 2005-2006
1.
IIM Ahmedabad
FPM
15
20
FDP
30
40
Executive MBA
-
50
2.
IIM Bangalore
PGP
180
260
PGSEM
120
150
3.
IIM Calcutta
One Year IIMC Global Managers Programme (GMP)
-
30
One Year Programme on Leading and Managing
-
80
One Year Programme for Dev. of Entrepreneurs and Managers turned Entrepreneurs (PDSE)
-
300
4.
IIM Lucknow
PGP
240
260
PGP-ABM
30
60
NIODA Campus
Executive MBA (Part Time)
-
60
6 Months Cert. Programme in Mgt. for Defence Officers
-
50
5.
IIM Indore
Executive PGP
20
60
6.
IIM Kozhikode
PGP
120
180
Executive MBA through Distant Education Module
-
100
FPM: Fellow Programme in Management.
FDP: Faculty Development Programme.
PGP: Post Graduate Programme in Management.
PGSEM: Post Graduate Programme in Software Enterprise Management.
PGP-ABM: Post Graduate Programme in Agro-Business Management.
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NEED BASED FINANCIAL ASSISTANCE PROVIDED BY THE IIMs TO THE STUDENTS DURING THE ACADEMIC YEAR 2004-2006
Name of the Institute
Programme No. of Participant benefited
Amount paid
(In Rupees)
IIM Ahmedabad
PGP
79
69,78,244
IIM Bangalore
PGP
58
58,07,500
IIM Calcutta
PGP
57
20,46,000
IIM Lucknow
PGP
91
43,70,000
IIM Indore
PGP
32
16,50,000
IIM Kozhikode
PGP
56
26,00,500
Grand Total for Six IIMs 373
2,34,52,244
PGP: Post Graduate Programme in Management.
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