Indian Institute of Management Bangalore

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Indian Institute of Management Bangalore
IIM Bangalore Logo.svg
MottoTejasvi nāvadhītamastu
Motto in English
Let our study be enlightening
Type Public business school
Established1973;51 years ago (1973)
Accreditation EQUIS
Chairperson Devi Shetty
DirectorRishikesha T Krishnan [1]
Academic staff
109 [2]
Location
Bannerghatta Road, Bangalore
,
Karnataka
,
India

12°53′39″N77°36′7″E / 12.89417°N 77.60194°E / 12.89417; 77.60194
Campus Urban, 100 acres (40 ha) [3]
Affiliations Institute of National Importance
Website www.iimb.ac.in

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. [4]

Contents

The institute offers Post Graduate, Doctoral, Executive Education and Certificate Programmes. The MBA programme is the flagship programme of the BSchool and is offered in three modes - one year full-time, two year full-time and two year executive (weekend).

The Post Graduate Programme in Management (PGP), is the traditional flagship two-year full-time residential MBA programme, for candidates with 0–4 years experience and admitted through the Common Admission Test (CAT). [5] IIM Bangalore offers a flagship one-year full-time residential MBA programme - the Executive Post Graduate Programme in Management (EPGP), modeled on global MBA pedagogy, for candidates with higher experience and admitted through Graduate Management Admission Test (GMAT), [6]

IIMB also offers two-year part-time executive MBA programme for working executives, [7] a one-year full-time programme - Master of Management Studies in Public Policy and a two-year full-time MBA programme in Business Analytics, apart from the Doctor of Philosophy (PhD). The Certificate Programmes include the N. S. Ramaswamy Pre-doctoral Fellowship (NSR Pre-doc), which is a one-year full-time apprenticeship programme and the Mahatma Gandhi National Fellowship (MGNF), a two-year academic programme.

History

In 1972, a committee headed by Ravi J. Matthai, founding director of IIM Ahmedabad and IRMA, 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. The Institute at Bangalore was set up to cater exclusively to the needs of public sector enterprises. [8] 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$38,000). 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 28 October 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. [9]

The two-year Post Graduate Programme commenced in July 1974 and the first convocation of the institute was held on 10 July 1976 with a total of 48 graduating students. [10] On August 27, 1998, the Post Graduate Programme in Software Enterprise Management was launched with an intake 58 students. The institute's start-up incubation centre, N S Raghavan Centre for Entrepreneurial Learning (NSRCEL) came into existence in March 2002.

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'. [11]

The current IIMB logo depicting the sun, was designed by the National Institute of Design and has been in use since 1994. [12]

Corporate placement and campus drive

IIM Bangalore provides a wide network of corporate placement opportunities for its students. In December 2021, it collaborated internationally for exploring students' dynamics for an international experience.

Campus

Main entrance to IIM Bangalore IIM Banglore.jpg
Main entrance to IIM Bangalore

The IIMB campus, occupying an area of over 100 acres, is located on Bannerghatta Road in the southern part of Bangalore. It is accessible by public transport from anywhere in the city. The Namma Metro's Pink Line, currently under construction as of June 2022, will have a halt at IIMB. IIMB is in the process of setting up its second campus near Jigani, in the city's periphery, in Anekal Taluka. [13]

Architecture

IIM Bangalore was designed by Pritzker prize winning architect B. V. Doshi. Mr Doshi, also a Padma Bhushan awardee, had previously assisted Louis Kahn on the design of IIM Ahmedabad and then designed the renowned school of architecture at Ahmadabad (later renamed as CEPT). He was hence commissioned to design IIM Bangalore. The architecture of IIM Bangalore is inspired by the historic city of Fatehpur Sikri near Agra, and the Madurai temples in Tamil Nadu. The 54,000 sq mt IIMB complex, is built in granite stone, giving the campus a unique character. The conceptualisation of the campus began in 1973 and it was completed in 1983. [14] Over the years, the once barren campus has become a green oasis with rich and diverse flora and fauna. The campus has been awarded for its sustainability practices. [15]

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.

Library

The library extends membership-based services to individuals, organizations, corporations and academic institutions. [16] Alumni are encouraged to use the library facilities at a very nominal subscription charge.

Student Housing and Sports Centre

Sports Centre IIMB Sports Centre.jpg
Sports Centre

IIMB provides accommodation facilities to all the full-time long duration programmes. IIMB campus housing 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 sports centre with courts for badminton and tennis, a gym and a swimming pool. [17]

Computer Centre

The institute has 24-hour internet connectivity with 600+ PCs and workstations. The campus is also fully WiFi enabled. [18]

Startup Hub Incubation Centre for entrepreneurs - NSRCEL

Nadathur S. Raghavan Centre for Entrepreneurial Learning (NSRCEL) Nadathur Raghavan Centre.jpg
Nadathur S. Raghavan Centre for Entrepreneurial Learning (NSRCEL)

The 'Nadathur Sarangapani 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 where anyone can apply for incubation. [19] As of April 2020, NSRCEL has incubated more than 240 start-ups with a combined value of $1.5 billion and created more than 5400 jobs. Students studying at IIMB are encouraged to leverage. [20]

Academics

Entrance to the Main Block at IIMB Entrance Main Block.jpg
Entrance to the Main Block at IIMB

Academic programmes

IIMB has degree granting and certificate programmes. 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. [21] 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. [21] Consequently, in 2018, IIM Bangalore became the first IIM to award MBA degree to the graduates of the Post Graduate Programme and later to the executive post graduate programme – the full-time MBA programmes of the BSchool. [21]

IIM Bangalore offers six degree-granting programmes: a full-time doctoral programme (FPM), three full-time MBA programmes (EPGP, PGP, PGPBA), an executive MBA programme (PGPEM), and a full-time programme in Public Policy (PGPPM).

Journal : IIMB Management Review (IMR)

IIMB Management Review (IMR) is a quarterly journal brought out by Indian Institute of Management Bangalore. [22] IIM Bangalore received EQUIS Accreditation for five years. [23] EQUIS accreditation is the most comprehensive institutional accreditation system for business and management schools. [24]

Rankings

Institute rankings
Business – international
QS (MBA) (2023) [25] 50
QS (MBA-Asia) (2023) [26] 10
QS (EMBA) (2022) [27] 46
QS (EMBA-Asian) (2022) [28] 12
Financial Times (MBA) (2022) [29] 53
Financial Times (MiM) (2022) [30] 31
Business/Management – India
NIRF (2022) [31] 2
Business Today (2022) [32] 3

Worldwide, the Financial Times has ranked IIM Bangalore 53 in the Top Global MBA Ranking 2022. [29] They ranked the PGPM program 31 in the world in the Top 100 Masters in Management 2022 ranking. [30] The QS Global MBA Rankings 2023 ranked IIM Bangalore's full time MBA programme 50 in the world [25] and 10 in Asia. [26] The executive MBA program was ranked 53 in the world in the QS Global Executive MBA Rankings 2022 [27] and 12 in Asia. [28]

In India, IIM Bangalore was ranked 2nd with a score of 82.62 among management schools by the National Institutional Ranking Framework (NIRF) 2022. [31] It was ranked third by Business Today 's "India's Top Five B-Schools Yearly Ranking In 2022". [32]

Mentorship

IIM Bangalore successfully mentored IIM Trichy when it was established in 2011. [33] It also mentored IIM Visakhapatnam when it was setup in 2015. [34] [35]

Student 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. [36]

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 . [37]

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. [38]

Events

IIMB celebrates the Foundation Day on 28 October. [39] The 46th Foundation Day lecture was delivered by renowned architect B.V. Doshi, who had designed the IIMB campus more than three decades ago. [40]

Eximius

The amphitheatre where many of IIMB's festivals are celebrated. Amphitheatre .jpg
The amphitheatre where many of IIMB's festivals are celebrated.

Eximius is the annual entrepreneurship summit organized by IIM Bangalore. 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. [41]

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, [42] KK, Kailash Kher, Lucky Ali, Strings, Jethro Tull, [43] 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. [44]

Yamini

Yamini is a full-night music festival in Bangalore, organized by the Society for the Promotion of Indian Classical Music And Culture Amongst Youth (SPICMACAY) and hosted at IIMB. [45] [46] [47]

IIMBue - IIMB Leadership Conclave

IIMB Leadership Conclave is an annual event. [48]

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. [49] [50] [51]

Research

IIMB research 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). [52]

Digital Education 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 Government of India's SWAYAM.

Alumni

The campus featured in the popular 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 novel Five Point Someone by writer Chetan Bhagat. [53] [54]

See also

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References

  1. ↑ Rishikesha T Krishnan, Director, IIMB
  2. ↑ "NIRF 2020" (PDF). IIM Bangalore.
  3. ↑ Architecture
  4. ↑ "Technical Education - Centrally funded Institutions - Management Education". education.nic.in. Archived from the original on 6 August 2011. Retrieved 29 August 2011.
  5. ↑ "PGP". IIM Bangalore.
  6. ↑ "EPGP home". www.iimb.ac.in. Retrieved 12 February 2020.
  7. ↑ "PGPEM Home". www.iimb.ac.in. Retrieved 12 February 2020.
  8. ↑ RC Bhargava; Ajit Balakrishnan; Anusua Basu; Ram S Tarneja; Ashok Thakur (25 September 2008). "Report of IIM Review Committee" (PDF). Ministry of HRD, Government of India. Archived from the original (PDF) on 21 December 2010. Retrieved 19 March 2010.
  9. ↑ "About IIMB, history". IIMB. Retrieved 18 March 2016.
  10. ↑ "History of IIM Bangalore". IIMB. Retrieved 18 April 2020.
  11. ↑ Taittiriya Upanishad, Translated by Swami Gambhirananda, Published by Advaita Ashram, Kolkata
  12. ↑ "Motto". IIMB.ac.in. Retrieved 9 April 2020.
  13. ↑ Joshi, Bharath. "Finally, IIM-Bengaluru gets land for its second campus". The Economic Times.
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  15. ↑ "You are being redirected..." www.iimb.ac.in. Retrieved 21 February 2021.
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  17. ↑ "Accommodation at Indian Institute of Management Bangalore". IIMB. 26 May 2009. Retrieved 18 March 2016.
  18. ↑ "Computer Centre | Indian Institute of Management Bangalore". IIMB. 26 May 2009. Retrieved 18 March 2016.
  19. ↑ "Nadathur S. Raghavan Center for Entrepreneurial Learning, IIM Bangalore". Nsrcel.org. Retrieved 18 March 2016.
  20. ↑ "Incubation Centre for Startups & Entrepreneurs". NSRCEL. Retrieved 2 September 2023.
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  23. ↑ "IIM Bangalore Receives EQUIS Re-accreditation for 5 Years". collegedunia.com. Retrieved 21 December 2021.
  24. ↑ "EQUIS Accreditation". efmdglobal.org. 12 February 2018. Retrieved 21 December 2021.
  25. 1 2 "QS Global MBA Rankings 2023". topmba.com. 29 September 2022.
  26. 1 2 "QS Global MBA Rankings: Asia 2023". Top Universities. 29 September 2022.
  27. 1 2 "Global Executive MBA Rankings 2022". topmba.com. 23 June 2022.
  28. 1 2 "QS Executive MBA Rankings by Region 2022: Asia-Pacific". topmba.com. 23 June 2022.
  29. 1 2 "MBA 2022". Financial Times rankings. 13 February 2022.
  30. 1 2 "Masters in Management 2022". Financial Times rankings. 12 September 2022.
  31. 1 2 "National Institutional Ranking Framework 2022 (Management)". National Institutional Ranking Framework . Ministry of Education. 15 July 2022.
  32. 1 2 "India's Top Five B-Schools Yearly Ranking In 2022". Business Today . 1 November 2022.
  33. ↑ Seshagiri, Mathang (4 January 2011). "IIM Trichy opens at NIT today, IIM-B To Handhold 11th IIM". The Times of India Bangalore. Archived from the original on 13 August 2016. Retrieved 23 June 2016.
  34. ↑ "Welcome to IIM Visakhapatnam". IIM Visakhapatnam. Retrieved 23 June 2016.
  35. ↑ "Foundation stone ceremony at IIM Vizag". IIM Bangalore. IIM Bangalore. Retrieved 23 June 2016.
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  37. ↑ "Acad Council". IIMB. Retrieved 2 November 2011.
  38. ↑ "Placement at Indian Institute of Management Bangalore". IIMB. Retrieved 18 March 2016.
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  40. ↑ "Iconic architect analyses reasons for urban decay". Deccan Herald. 29 October 2019. Retrieved 10 February 2020.
  41. ↑ "IIMB summit begins tomorrow". The Hindu . Chennai, India. 9 August 2013. Retrieved 18 March 2016.
  42. ↑ "Shankar Ehsaan Loy live concert". buzzingtown.com. Archived from the original on 1 August 2012. Retrieved 19 September 2015.
  43. ↑ "Jethro Tull concert in city today". The Hindu . Chennai, India. 3 February 2006. Archived from the original on 13 November 2007. Retrieved 18 March 2016.
  44. ↑ "IIMB VISTA".
  45. ↑ "IIM-B to host music festival". The Hindu . Retrieved 7 February 2016.
  46. ↑ "Sunset to sunrise". The Hindu . Retrieved 18 March 2016.
  47. ↑ "Music and dance extravaganza at IIM-B". The Times of India . Retrieved 18 March 2016.
  48. ↑ "IIMBue – IIMB Leadership Conclave". www.iimbue.com. Retrieved 13 September 2018.
  49. ↑ "Women leadership summit at IIM-B on Jan 13". Business Line . Retrieved 6 November 2018.
  50. ↑ "Women's leadership summit held at IIMB". The Hindu . Retrieved 6 November 2018.
  51. ↑ "IIM-Bangalore hosts second Annual Women Leadership Summit". The Economic Times . Retrieved 6 November 2018.
  52. ↑ "IIMB Research". IIMB. Retrieved 12 September 2011.
  53. ↑ Gautam, Vishwas (29 June 2008). "After Munna, Raju focuses on Idiots". The Times of India . Retrieved 9 October 2016.
  54. ↑ "Making of 3 Idiots in IIMB campus | Aamir Khan | Kareena Kapoor | Madhavan | Chetan Bhagat - YouTube". www.youtube.com. Retrieved 21 February 2021.
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