A load of crap from an idle brain

Some good news for the students and the city of Hyderabad.

In what could propel Hyderabad into a premier educational hub of the country, the AP government and Indian Institute of Management, Ahmedabad, have informally agreed to set up a ‘seamless’ campus of IIM-A on the outskirts of Hyderabad.

“The decision to set up IIM-A campus in Hyderabad was taken at a meeting between the board of governors of the institute and state government officials in Ahmedabad recently. The top management institution has now set up a committee to work out further modalities,” state government sources told STOI. Dons in IIM-A confirmed the development to STOI.

The move is said to be highly symbiotic. The 110-acre IIM-A campus is virtually saturated and there is no scope of any further expansion. “The AP government has offered nearly 150 acres of land virtually free of cost or at a nominal amount of Rs one per acre as well as a grant of Rs 100 crore. The seamless campus at Hyderabad would be bigger than the Ahmedabad location and have ultra-modern facilities,” the official said.

According to sources, IIM-A can benefit immensely by having an extension in Hyderabad. “The PGDM — commonly called MBA-course is the brand-building one, but not revenue earning. The institute can generate money only through short-term executive courses and the IT, biotechnology and infrastructure hub that Hyderabad is would attract many to join up,” sources said.

According to sources, reputed faculty from abroad are keen to join the institute and would be motivated by the access that the Hyderabad international airport would provide for them. “IIM-A is the top management institution in the country and Hyderabad is the hub of the emerging economy. Both will tremendously benefit with the setting up of the seamless campus,” officials said.

The YSR Reddy government thought of the seamless IIM-A campus after the Centre made it clear that a new IIM cannot be granted for Hyderabad since it already has an IIT. “And there is no provision for an IIM for Andhra Pradesh in the 12th Five-Year Plan (2013-18) as well. A seamless IIM-A campus would be an extension of the one at Ahmedabad and not another new campus. This way, the Union HRD ministry will also have no objection as it need not give any financial assistance,” said sources.

According to the sources, the IIM-A board of governors were highly appreciative of the facilities that were being offered by the state government for the growth and expansion of the institution. “Their efforts in the last few years to grow including opening a campus in Mumbai came a cropper. Besides, former HRD minister Arjun Singh shot down all the expansion plans of the IIMs. Therefore, the offer from the AP government was welcomed with open arms by IIM-A authorities,” officials said.

Apart from the flagship PGDM course, the seamless campus in Hyderabad would offer a slew of new ones as well as optional courses that the student from Ahmedabad can enlist for a short-term, the sources said.

“In short, the seamless campus in Hyderabad can further cement the grip of IIM-A as the topmost management institute in the country,” the sources added.

The committee set up by the IIM-A authorities is expected to submit its proposals shortly to the board of governors after which the institute will seek a formal approval from the Union HRD ministry.

Above news source: TimesofIndia

Above pictures of campus source: IIM Ahmedabad

+++

The Indian School of Business (ISB), Hyderabad is the 20th best Global Business School, according to a list compiled by the Financial Times, UK. In the process, it beat heavyweights like Nanyang Business School of Singapore(46), Carnegie Mellon(48), Leeds(48), Cornell(36) and Michigan State University(48).

For the first time an Indian business school achieved a place in the top 100. The Indian School of Business in Hyderabad is at number 20. Its MBA programme began just six years ago. Arnoud De Meyer, director of the Judge Business School, said the increase in the number of Asian business schools would result in a wave of innovation and that schools in Europe were changing.

When it came to top salaries in consulting and finance, ISB topped the whole list. Amazing results for a school that was started just six years ago. Another crowning glory for the city of Hyderabad.

Above picture courtesy: Skyscrapercity

+++

BITS, XLRI, Tata Institute of Social Sciences, Georgia Technological University, Harvard Business School and now Symbiosis. Yup, now Pune based Symbiosis Business Management Institute of India is opening their campus in Hyderabad.

Read here

+++