Indian Institute of Management Bangalore
Indian Institute of Management Bangalore (IIM Bangalore or IIMB) is a public business school and Institute of National Importance located in Bangalore, India. Founded in 1973, it was the third IIM to be established, after IIM Calcutta and IIM Ahmedabad.[2]
 | |
| Motto | Tejasvi nāvadhītamastu |
|---|---|
Motto in English | Let our study be enlightening |
| Type | Public business school |
| Established | 1973 |
| Chairperson | Dr. Devi Prasad Shetty |
| Director | Rishikesha T. Krishnan |
Academic staff | 109[1] |
| Location | Bannerghatta Road, Bangalore , , India 12°53′39″N 77°36′7″E |
| Campus | Urban |
| Affiliations | Institute of National Importance |
| Website | www |
IIMB is a globally ranked institute as per the QS World University Rankings and Financial Times Global MBA Rankings. The institute offers Post Graduate, Doctoral, Executive Education and Certificate programmes.
The Post Graduate Programme in Management (PGP), a two-year, full-time residential MBA programme, is offered to candidates admitted through the Common Admission Test (CAT).[3] IIM Bangalore offers the Executive Post Graduate Programme in Management (EPGP), a one-year full-time MBA programme for candidates admitted through Graduate Management Admission Test (GMAT).[4] IIMB also offers two-year part-time executive MBA programme for working executives[5], a one-year full-time programme - Master of Management Studies (Public Policy) and a two-year full-time MBA programme in Business Analytics, apart from the Doctor of Philosophy (PhD), which is committed to training individuals to excel in their area of research by publishing quality work of international standard. The Certificate Programmes include the N. S. Ramaswamy Pre-doctoral Fellowship (NSR Pre-doc), which is a one-year full-time apprenticeship programme with a focus on inclusion, and the Mahatma Gandhi National Fellowship (MGNF), a two-year academic programme, which is a unique opportunity for young, dynamic individuals to contribute to enhancing skill development and promote rural employment at the district level.
In addition to its academic programmes, the institute is engaged in facilitating research, offering consulting services, conducting seminars and academic conferences, and publishing journals.
History
In 1972, a committee headed by Ravi J. Matthai, noting the rising demand for graduates of the first two prestigious IIMs namely IIM Calcutta and IIM Ahmedabad, recommended the need to have two more IIMs. While the first two IIMs were oriented towards the private sector, it was decided that the new institutions should oriented towards the public sector to cater to its growing needs of management graduates. The Institute at Bangalore was consequently set up in the following year, designed to cater exclusively to the needs of public sector enterprises.[6] For the proposed institute, the Government of Karnataka offered 100 acres (40 ha) of land free of cost and a contribution of ₹3 million (US$42,000). T. A. Pai and N. S. Ramaswamy were appointed as Chairman and Director respectively. The institute was inaugurated by Indira Gandhi, the then Prime Minister of India, on October 28, 1973. The institute was started in St. Joseph's College of Commerce, and some other buildings, which were rented on the Langford Road. The new institute came up at the Bannerghatta Road campus in South Bangalore in 1983.[7]
The two-year Post Graduate Programme commenced in July 1974 and the first convocation of the institute was held on July 10, 1976 with a total of 48 graduating students.[8] On August 27, 1998, the Post Graduate Programme in Software Enterprise Management was launched with an intake of 58 students. The institute's start-up incubation centre, N S Raghavan Centre for Entrepreneurial Learning (NSRCEL) came into existence in March 2002. It was supported by grants from Nadathur Sarangapani Raghavan, an Indian industrialist, and one of the seven founders of Infosys Technologies.
On June 07, 2002, the Post Graduate Programme in Public Policy and Management was launched. The participants of the programme were members of the Indian Civil Services. On April 03, 2009, the one-year Executive Post Graduate Programme was launched for professionals with seven to fifteen years of work experience.
In May 2016, the institute partnered with Michael & Susan Dell Foundation to offer incubation for social enterprises and not-for-profit start-ups.
Motto
The motto derived from Sanskrit तेजस्वि नावधीतमस्तु (pronounced as tejasvi nāvadhītamastu) is an extract from the Shanti Mantra recited in Taittiriya Upanishad, Katha Upanishad, Mandukya Upanishad and Shvetashvatara Upanishad. The motto translates to 'Let our study be enlightening'.[9]
The current IIMB logo depicting the sun, was designed by the National Institute of Design and has been in use since 1994.[10]
Academics
Prior to 2018, IIM Bangalore awarded diplomas instead of degrees because the IIMs were not set up as universities through an Act of Parliament but as societies under the Societies Act.[11] The Indian Institutes of Management Act, 2017 enacted by the Ministry of Human Resource Development in December 2017 declared IIMs as Institutes of National Importance, thereby allowing IIMs to award degrees to their students instead of diplomas.[11] Consequently, in 2018, IIM Bangalore became the first IIM to award MBA degree to the graduates of the Post Graduate Programme in Management.[11]
IIM Bangalore offers degree-granting programmes which lead to Master of Business Administration, Master of Management Studies in Public Policy, and Doctor of Philosophy degrees. In addition to the full-time programmes, the institute offers a wide variety of on-campus short-duration certificate programmes. It also offers a plethora of Massive Open Online Courses (MOOCs) including the Micro Masters Programme in Management through the edX platform.
Degree Granting Programmes
IIM Bangalore offers six degree-granting programmes: a full-time doctoral programme (PhD), three full-time MBA programmes (EPGP, PGP, PGPBA), an executive MBA programme (PGPEM)-, and a full-time programme in Public Policy (PGPPM).
| Programme | Duration | Specialization | Entry Route | Ranking and/ or accreditation |
|---|---|---|---|---|
| Doctoral Programme (PhD)[12] | 5 Years - Full Time | Decision Sciences, Economics & Social Sciences, Entrepreneurship, Finance & Accounting, Information Systems, Marketing, Organizational Behaviour & Human Resources Management, Production & Operations Management, Public Policy, Strategy | GMAT, GRE, CAT, GATE, NET | The PhD programme (erstwhile called FPM, is a well recognized full-time campus based PhD programme. |
| Post Graduate Programme (MBA)[13] | 2 Years - Full Time | General Management | CAT, GMAT | Globally ranked #26 in QS Global MIM ranking, also ranked #44 in FT Global MIM ranking. |
| Executive Post Graduate Programme (MBA)[14] | 1 Year - Full Time | General Management | GMAT, GRE | Globally ranked #27 in FT global MBA ranking, #1 amongst all globally ranked full time MBA programmes in India in FT global ranking. #2 in QS Global MBA ranking. |
| Post Graduate Programme in Business Analytics (MBA)[15] | 2 Years - Full Time | Business Analytics | CAT, GMAT | New programme is a subdivision on the two year MBA of IIMB. |
| Post Graduate Programme in Enterprise Management (executive mode MBA)[16] | 2 Years - Weekend | General Management | CAT, GMAT, GRE | Globally ranked #36 in QS executive MBA ranking. #1 and only executive MBA programme in India in QS executive MBA ranking. |
| Post Graduate Programme in Public Policy[17] | 1 Year - Full Time | Public Policy | CAT, GMAT, GRE, Government of India sponsored |
Certificate Programmes
IIM Bangalore offers two full-time certificate programmes.
- N. S. Ramaswamy Pre-doctoral Fellowship (NSR Pre-doc) - Launched in 2018, the fellowship programme helps participants prepare for a prestigious doctoral degree in management.[18]
- Mahatma Gandhi National Fellowship (MGNF) - Launched in 2020, this programme is an initiative of the Ministry of Skill Development and Entrepreneurship (MSDE), Government of India that is designed and implemented by IIM Bangalore and in collaboration with State Skill Development Missions. The two-year Fellowship seeks to combine classroom sessions at IIM Bangalore with an intensive field immersion at the district level to create credible plans and identify barriers in raising employment, economic output, and promote livelihoods in rural areas.[19]
International Collaborations and Student Exchange Programmes
IIM Bangalore has an extensive network of partner B-schools worldwide through which it conducts student exchange programmes. Students of the two-year MBA programme go on exchange programmes during the fifth term of the course. More than a hundred students from IIM Bangalore leave for foreign institutes and an equivalent number from various B-schools arrive in Bangalore.[20]
Doctoral exchange is also available with schools such as National University of Singapore, University of Cologne, and schools in the United States. Scholarships are provided by partner schools or by government grants such as German Academic Exchange Service.
IIM Bangalore conducts an international immersion programme for the one year MBA candidates in the fourth term. The two-week programme gives one year students an opportunity to take courses in some of the leading universities in Asia and Europe. Structured around a visit to an emerging economy such as China, Russia, Brazil, and South Africa or a developed one in Europe or in the Asian region like Singapore or South Korea, the module provides insights into the country's economic, social, political and cultural life.[21]
Global Network for Advanced Management
Launched in 2012, the Global Network for Advanced Management includes 30 leading business schools from diverse regions, countries, cultures, and economies in different phases of development. IIMB is the only Indian management school to be a member of the Global Network for Advanced Management. The network provides students of partner schools access to select courses offered by other partner schools through the use of digital technology, just as it offers the opportunity to faculty members to teach an international class comprising students from the member schools.[22]
Journal : IIMB Management Review (IMR)
IIMB Management Review (IMR) is a quarterly journal brought out by Indian Institute of Management Bangalore. Addressed to management practitioners, researchers, and academics, IMR aims to engage rigorously with practices, concepts, and ideas in the field of management, with an emphasis on providing managerial insights, in a format that is accessible to a wide audience.[23]
Rankings
| Institute rankings | |
|---|---|
| Business – international | |
| QS (MBA) (2020)[24] | 44 |
| QS (MBA-Asia) (2020)[25] | 8 |
| QS (EMBA-Asian) (2019)[26] | 63 |
| Financial Times (MBA) (2020)[27] | 27 |
| Financial Times (MiM) (2019)[28] | 44 |
| Business/Management – India | |
| NIRF (2020)[29] | 2 |
The full-time One Year MBA programme (EPGP) is ranked 27 in the world amongst the top 100 Global MBA Programmes by the Financial Times 'Global MBA Ranking 2020'.[27] The one year MBA of IIM Bangalore has also been ranked 44 in the world by QS Global MBA 2020 ranking.[24] The full-time Two Year MBA programme (PGP) of IIMB is ranked 26 globally, amongst the top 100 Master's in Management programmes by the 'QS Master in Management Ranking for 2020'.[30] The two-year Masters programme was ranked 44 in 2019 by Financial Times in its Masters in Management Ranking.[28] The part-time Weekend Executive MBA programme (PGPEM) is ranked 12th in the Asia-Pacific region by the QS Executive MBA Rankings 2019.[26] IIM Bangalore was ranked 2nd among management schools by the National Institutional Ranking Framework (NIRF) 2020.[29] Eduniversal, Paris has ranked Indian Institute of Management Bangalore (IIMB) first in Central Asia and India in 2019.[31] IIMB has been kept in the top 10 business schools globally by '2020 Positive Impact Ranking for Business Schools'.[32]
Mentorship
IIM Bangalore successfully mentored IIM Trichy when it was established in 2011.[33] and IIM Visakhapatnam when it was setup in 2015.[34][35]
Campus
The current campus is located at Bannerghatta Road in Bangalore and was designed by Pritzker prize winning architect B. V. Doshi in partnership with Joseph Allen Stein and Jai Rattan Bhalla. It was completed in 1983.[36] The campus occupying an area of over 100- acres is located in South Bangalore. The IIMB campus design is admired for its unique all-stone architecture and lush woods. IIMB is in the process of setting up its second campus on the outskirts of the city near Jigani in Anekal.[37]
Architecture
One of the masterpieces designed by the famed architect, the inspiration for the design of IIMB was gardens and temples. Long corridors meander across lawns, and sunlight shines through pergolas into various parts of the building, creating a play of light and shadow.
The design of IIMB is a shining example of sustainable architecture and an eco-friendly campus design with locally available granite being the primary building material.
Academic Blocks
The academic blocks were designed by Stein, Doshi & Bhalla architects led by B. V. Doshi and were completed by 1983. A few blocks were added later owing to the increase in the number of students being enrolled. The classes, faculty offices and other administrative entities are spread over the various blocks. The classes are fully air conditioned with state-of- the-art facilities.
Library
The newly renovated state-of-the-art library extends membership-based services to individuals, organizations, corporations and academic institutions.[38]
| Documents | Numbers | |
| 1 | Books | 1,60,294 |
| 2 | eBooks | 3,110 |
| 3 | Bound Volumes | 42,072 |
| 4 | Working Papers | 5,530 |
| 5 | Theses/Dissertations | 1,536 |
| 6 | Project Reports | 13,208 |
| 7 | AV Resources | 1,410 |
| 8 | Print Newspapers | 20 |
| 9 | Online International Newspapers | 04 |
| 10 | Online National Newspapers | 03 |
| 11 | Micro Documents | 20,019 |
| 12 | Subscribed Journals including e-Shodh Sindhu and Complementary Access | 8,883 |
| 13 | Journals available on Aggregator Platforms | 12,396 |
| 14 | Electronic Databases | 99 |
| 15 | Electronic Databases Sponsored by e-Shodh Sindhu and NDLI | 03 |
| 16 | Magazines | 61 |
| 17 | Print Journals | 61 |
| 18 | Indian Online Journals | 145 |
Hostels and Sports Centre
IIMB consists of 16 hostel blocks apart from one executive block and the executive accommodation at the Management Development Centre. The hostel consists of 16 blocks named from A to P. IIMB has separate facilities for soccer, cricket, tennis, basketball, volleyball, badminton, table tennis and pool. IIMB has a world-class sports centre with well-equipped courts for badminton and tennis, a gym and a swimming pool.[39]
Auditorium
The Auditorium is situated within the academic blocks. It has a seating capacity of 500 people and plays host to various events, functions and guest lectures held at the institute.
Computer Centre
The institute has 24-hour internet connectivity with 600+ PCs and workstations. The campus is also fully WiFi enabled.[40]
NSRCEL
Nadathur S. Raghavan Centre for Entrepreneurial Learning, renamed NSRCEL, was set up in 2002 to aid the entrepreneurial activities at IIMB. The centre acts as an incubator for new business ideas.[41] It is a vibrant ecosystem of industry experts, mentors, researchers, and academicians aimed at providing incubation to early-stage ventures across various stages, sectors, and scope. As of April 2020, NSRCEL has incubate more than 240 start-ups with a combined value of $ 1.5 billion and created more than 5400 jobs.[42]
Campus life
There are several student-run clubs and societies at IIM Bangalore. The student bodies are divided into clubs, mini clubs, chapters and societies which are managed by the students themselves and are governed by the Students Affairs Council. The following are the list of clubs and societies.
Students Affairs Council
It is the apex body which controls all the aspects of student life including other clubs and societies.[43]
Academic Council
The Academic Council is an elected body that facilitates the management of the academic system at IIM Bangalore. The council acts as an interface between students and faculty and is also responsible for the elective bidding process for courses by assessing the academic needs of the student community .[44]
Placement Committee
More than 100 companies across the globe visit the campus every year for summer and final placements. The placement processes are governed by the Career Development Services and facilitated by the Placement Committee.[45]
Events
IIMB celebrates the Foundation Day on October 28.[46] The 46th Foundation Day lecture was delivered by renowned architect B.V. Doshi, who had designed the IIMB campus more than three decades ago.[47]
Eximius
Eximius is the annual entrepreneurship summit organized by IIM Bangalore. The three-day event focuses on entrepreneurship and generation of new business ideas. The event has hosted several eminent speakers including Shashi Tharoor, Kiran Mazumdar-Shaw, Piyush Pandey, Mallika Sarabhai, Kris Gopalakrishnan, Kiran Bedi, Rashmi Bansal, Shaheen Mistri, Harish Hande, D R Mehta among others.[48]
Unmaad
Unmaad is the flagship annual cultural festival of IIM Bangalore. The three-day event draws participants from across India. Unmaad features drama and music performances, dances, quizzes, debates, street plays, professional concerts and a fashion show. The event has hosted performances by prominent artistes including Farhan Akhtar, Shankar Ehsaan Loy,[49] KK, Kailash Kher, Lucky Ali, Strings, Jethro Tull,[50] Indian Ocean, etc.
Vista
Vista is an annual, international business summit hosted by IIM Bangalore. The three-day summit brings together leaders from the fields of marketing, finance, operations, human resources, consulting and social work. The platform lets students learn from business professionals through events, competitions and case studies. The event also incorporates guest speaker sessions. Previous speakers include Devi Shetty, Mukesh Ambani, Prahlad Kakkar, Kumar Mangalam Birla, Kamal Haasan, Kiran Mazumdar Shaw, Gurucharan Das, Justice Santosh Hegde, Arun Shourie, Gul Panag, M J Akbar, Nandita Das, Narain Karthikeyan and Shobhaa De.[51]
Yamini
Yamini is a music festival in Bangalore, organized by the Society for the Promotion of Indian Classical Music And Culture Amongst Youth (SPICMACAY) and hosted at IIMB.[52][53][54]
IIMBue - IIMB Leadership Conclave
IIMB Leadership Conclave is an annual event that brings together globally renowned thinkers and achievers with IIMB alumni over a weekend of thought-provoking conversations, fun and nostalgia. The event attracts leading thought leaders and practitioners from all over the worldwho discuss and address complex leadership challenges.[55]
Women Leadership Summit
Women Leadership Summit is organized every year in January by IIM Bangalore. It seeks to build gender-inclusive mind-sets among students, entrepreneurs, and corporates. The one-day event strives to create awareness through talks and workshops with prominent and inspiring personalities. The event has hosted eminent speakers including Vinita Bali, Malavika Harita, Sneha Priya, Lakshmi Ishwar, Wilma Rodrigues, Nirmala Sankaran, Neeta Revankar, Dr. Gita Sen, Gauri Jayaram, Sanjaya Sharma, etc.[56][57][58]
Research
IIMB is a hub of innovative activity and research, which have been given a fillip with the establishment of Centres of Excellence that focus on specific needs of different specialized areas and industries, and focus on new and emerging areas of research and education. These centres include: the Centre for Capital Markets and Risk Management (CCMRM), Centre for Corporate Governance and Citizenship (CCGC), Centre for Management Communication (CenComm), Centre for Public Policy (CPP), Centre for Software and Information Technology Management (CSITM), Centre for Teaching and Learning (CTL), India-Japan Study Centre (IJSC), Israel Centre, the innovation and entrepreneurship hub NSRCEL, and the Supply Chain Management Centre (SCMC). Moreover, there are four special initiatives, namely, the Behavioral Sciences Lab, Consumer Insights, Data Centre and Analytics Lab (DCAL) and the Real Estate Research Initiative (RERI).[59]
Alumni
IIM Bangalore has a strong alumni network with its alumni occupying many prestigious positions in institutions and organizations across the world. IIMB Alumni Association (IIMBAA) manages interactions with the alumni network and keeps them engaged with the business school. Anusmaran, a yearly event conducted across multiple cities in the world serves as a rendezvous. Some of the prominent alumni include academicians such as Aswath Damodaran and Raghavendra Rau, author Karan Bajaj and film maker Nila Madhab Panda. K. Radhakrishnan, Chairman of ISRO and business executives like Ravi Subramanian and Sameer Suneja were also IIMB graduates.
In Popular Culture
The campus was the site for the shooting of the Bollywood film 3 Idiots directed by Rajkumar Hirani and starring Aamir Khan, Kareena Kapoor, Boman Irani, R. Madhavan and Sharman Joshi. The film is loosely based on the famous novel Five Point Someone by Indian writer Chetan Bhagat.[60]
IIMBx
IIMB started offering Massive Open Online Courses (MOOCs) in 2014 through its digital learning initiative, IIMBx, in partnership with edX – a not-for-profit online initiative of Harvard and MIT. Apart from edX, the programme offers courses on its own platform, IIMBx, and SWAYAM.
IIMBx offers MOOCs in all areas of management – data and insights, economics, finance, marketing, people management, operations, and strategy. There are programmes for every kind of learner, ranging from first-generation entrepreneurs to college educators looking to teach better.
Good quality management education cannot reach the large numbers of interested learners through classroom-based education alone. The IIMBx programme is founded on the philosophy that everyone – irrespective of financial or regional constraints – should have access to quality education. Led by IIMB faculty, IIMBx uses digital learning tools to enable anytime, anywhere learning in a global classroom. The vision of the IIMBx programme is to use digital learning to enable widespread access to management education.
See also
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