INDIAN INSTITUTE OF PLANNING AND MANAGEMENT
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The Indian Institute of Planning and Management (IIPM), established in 1973, is an educational institute with a presence in 7 cities in India. Headquartered in New Delhi, since 1973, it has a campus in New Delhi and branches in Mumbai, Chennai, Ahmedabad, Bangalore, Pune and Hyderabad. The institute offers courses in National Economic Planning and Entrepreneurship. The Director of IIPM is Dr. M. K. Chaudhuri.
Motto: What we teach today, others adopt tomorrow
Established: 1973
President: Dr. M.K. Chaudhuri
Staff: 250
Undergraduates: 600
Postgraduates: 4500
Location: New Delhi, Delhi, India
Campus International: Campus, New Delhi
Brand Ambassador: Arindam Chaudhuri
Website: http://www.iipm.edu/
Courses and Degrees
The institute offers honours diploma courses in National Economic Planning and Entrepreneurship. It has:
* a 2-year full time Programme in National Economic Planning and Entrepreneurship (IMI Belgium grants an MBA degree)
* 3-year full-time Integrated Programme in National Economic Planning and Entrepreneurship (IMI Belgium grants a BBA degree)
(The BBA/MBA degrees are offered by IMI Belgium, and not IIPM.)
These courses are not accredited by All India Council for Technical Education (AICTE), one of India’s accreditation agencies for MBA and BBA degrees. The University Grants Commission (UGC) is the parent body for all universal recognition licences in India, has stated that IIPM does not have its “go ahead” for offering IMI MBA degrees. The IMI BBA/MBA degrees are not recognised in India by UGC & AICTE.
IMI, Belgium grants BBA and MBA degrees to students of IIPM. However the Ministry of Education Belgium, while speaking to Hindustan Times in May 2006 clarified that IMI is not recognised as a business school in Belgium, and its degrees are not treated as equivalent to other recognised BBA and MBA degrees.
Faculty
IIPM has over 250 full-time faculty and equal number of visiting faculty, according to its website. Prof. A Sandeep is Dean - India and Prof. Prasoon Majumdar is Dean - Academics. Arindam Chaudhuri is Honorary Dean. The regular faculty of the institute comprises alumni of IIPM, as well as visiting professors.
Infrastructure
Infrastructure includes classrooms, teaching aids, libraries, electronic libraries, IT equipment like Wi-fi and laptops, and leisure equipment like gymnasiums and swimming pools.
It has over 10,000 books in the Delhi library, with access to several other libraries such as the British Council and American Library through sharing agreements. Its electronic libraries with access to leading databases like ProQuest (over 6000 journals archived for up to 90 years)and India Business Information Database (IBID - 25 years of news clippings and analysis sorted by industry and product) are available for all students to access online. All students are provided with laptops (IBM or HP) which are always online with wi-fi networks in the campus.
IIPM has a campus in New Delhi (this is the only IIPM campus) and 6 branches in major cities in India. The branches do not have the same infrastructure as the campus, and all photos shown are of the campus only.
Global Outreach Program
IIPM regularly organizes lectures by professors from several foreign business-schools such as Harvard, Columbia, Wharton, Stanford, IMD, London School of Economics, INSEAD, London Business School, Chicago University GSB, Yale School of Management etc. IIPM has also arranged seminars by Stephen Covey, Philip Kotler, Joel Stern, Zig Ziglar and Jack Canfield.
Publications
IIPM publishes 4Ps, a business and marketing magazine, in India. IIPM also brings out Business & Economy with articles from contributors like Donald Rumsfeld (US defence secretary), Jack Welch, Noam Chomsky, Naomi Klein etc, a magazine competing with the likes of Business Today, Business World, and Business India. There has been a controversy recently over copyright issues in this regard with accusations made that articles were printed without appropriate authorization from the copyright holders.
Also published by IIPM is India Economy Review (a quarterly overview of the Indian economy), Strategic Innovators (a strategy journal containing of papers from global faculties from Harvard, IMD, LSE, Stanford, Wharton etc), Human Factor (an HR journal with similar inputs), Need the Dough (similarly, a Finance journal)
Position in Indian Business-School Rankings
In July 2006, in the Business Today-AC Nielsen ORG-Marg rankings, IIPM (New Delhi) was ranked #11 and IIPM (Mumbai) #16 among 30 institutes polled, with a sample of 526 respondents comprising MBA aspirants, current MBAs, human resource professionals, young executives and functional heads of organisations. The schools were ranked using AC Nielsen’s Winning Brands model. Respondents were asked to rank 30 shortlisted Business-schools on eight parameters - reputation, success of placement, quality of placement, infrastructure, faculty, teaching methodology and specialisation and admission eligibility. Based on the scores on different parameters, the model calculates the Brand Equity Index (BEI) for each school.
MBA Students ranked IIPM New Delhi #5 (jointly with FMS, Delhi), which was also the 8th most recommended B-School with 3% of the votes. 2% of the respondents mention IIPM New Delhi as their “First Favourite” (Joint rank #7). In all other rankings in this survey (For example, ranked by Functional Heads, Young Executives or “Top of mind”) only the top 10 colleges are listed, and IIPM does not figure in them.
Business Today-A C Nielsen ORG-Marg’s 2004 listing of India’s top 30 Business-schools ranked IIPM Mumbai at 23rd and IIPM Delhi the 30th.
The Outlook C-Fore Business-School survey had ranked IIPM Delhi 4th in Industry Interface, 7th in International Linkages, and 8th in Extra Curricular activities in 2003. After the survey was published, C-Fore issued a clarification removing IIPM from its survey, stating that it had “received serious complaints about the veracity of information given by them”. IIPM continues to advertise these rankings even after C-Fore has removed it from its survey.
Outlook Magazine has twice published caution notices in 2005 informing students and all related parties about the withdrawal of the rankings. Outlook also stated that they have also “come across instances, where the institute doesn’t disclose facts truly and correctly”.
The Business Barons Business-School Study 2004 has ranked the Indian Institute of Planning & Management (IIPM) 8th overall in India. Five parameters were used for the qualitative rankings - infrastructure, placement salaries commanded, depth of industry interface, quality of course contents and quality of students.
IIPM states, though, that “Rankings don’t matter” and it has “strong reservations on the methodology applied by most of the magazines to rank B-schools”
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