INDIAN INSTITUTE OF MANAGEMENT VISAKHAPATNAM
About IIM Visakhapatnam
Indian Institute of Management Visakhapatnam (IIMV) belongs to the prestigious IIM family of business schools. It is a new generation IIM, set up by the Government of India in September 2015. The Indian Institutes of Management Act 2017 declares IIMs as Institutions of National Importance, empowered to attain standards of global excellence in management, management research and allied areas of knowledge. IIM Visakhapatnam is located in its temporary, but state-of-the-art facility in the salubrious Andhra University campus in the ‘City of Destiny’, Visakhapatnam. The Institute has begun the process for building a permanent, full-fledged, word-class campus on approx. 230 acres of land in the (relative) vicinity of the upcoming green-field international airport, about 25 kilometres from the present (temporary/transit) campus. The first phase of the new facility is expected to be functional by 2021
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Visakhapatnam is a picturesque port-city on the east coast of India. It is easily accessible by air, sea, rail and road connections. It ranks among the cleanest cities of the country. It is cosmopolitan and is a popular tourist destination with a beautiful beach on one side and a majestic mountain-range on the other. It’s a vibrant city well known for its heritage and hospitality; culture and cuisine; tradition and talent; trade and technology; innovation and industry; entrepreneurship and enterprise. Visakhapatnam is base to several large, medium and small companies (public and private) in the core sector, energy, financial services, infrastructure, IT, pharma etc. The Eastern Naval Command of the Indian Navy is head-quartered at Visakhapatnam. In short, Visakhapatnam is one of the most preferred destinations in India to live, learn, yearn and earn.
About the Mentor Institution
Indian Institute of Management Bangalore, the acknowledged leader in management education, is the mentor for IIM Visakhapatnam. The instructional (admission, academic, evaluation etc.) and institutional processes of IIM Visakhapatnam are therefore aligned with those of IIM Bangalore, ensuring high standards, ab initio.
Faculty at IIM Visakhapatnam
The founding team of faculty is recruited through a rigorous process of screening and assessment under the aegis of the Mentor Institute. Coming from IIMs and IITs, they have impressive academic and research credentials. This cohort is complemented by faculty drawn from IIM Bangalore and experts from the industry.
Strengths of IIM Visakhapatnam
The campus of the Institute is well-equipped with knowledge resources, teaching-learning aids and facilities. The student hostels are modern and well-furnished, providing excellent board, lodging facilities and amenities conducive to technology-enabled knowledge-pursuit and recreation. With students from about 20 states and union territories of India, the Institute reflects a truly national character.
Taking a significant lead among its contemporaries, the Institute conducted Management Development Programs for the Senior Executives of Central Public-Sector Enterprises and a Faculty Development Program (FDP) for the Management Professors from the Public Universities of AP.
The Institute is partnering with the Mentor in promoting entrepreneurship among the women in the region. Titled as Women Start-up Program 2018, the initiative is nurturing and building entrepreneurial skills in about 25 aspiring women-entrepreneurs, through mentoring, knowledge-support and incubation facilities. The Institute is therefore all set to play an important role in facilitating creative ideas of women, convert into successful innovations.
Program on Offer
Post Graduate Program MBA
The Institute is currently offering a two-year residential Post Graduate Programme (PGP) leading to an MBA degree, with an intake of about 100. This intake is set to increase to 120 from the Academic Year 2019-20. MBA Students are also being provided with a week-long international exposure opportunity in a foreign country in their second year. The Institute has already emerged as a popular source in the country for good talent, scoring high on placements and setting new benchmarks of excellence with every passing year.
Post Graduate Program for Experienced Professionals
The Institute is also offering a novel Post-Graduate Certificate Program in Business Management for Experienced Professionals (PGCEP) with the overarching goal of helping the participants enhance their managerial competencies and leadership skills.
Rich in content and value-addition in terms of the range and depth of courses covered and conveniently timed during weekends, the Program offers a unique learning opportunity to professionals with experience (working or self-employed) to upgrade their knowledge and skills; and thereby contribute to the growth and development of their organizations with greater competence and confidence.
Thirty-three middle and senior executives from reputed organizations (public & private sectors) located in and around Visakhapatnam are availing the benefit of the Program.
IIM Visakhapatnam – Plans Ahead
The Institute is aiming at expanding its activity profile in scale and scope. It has ambitious plans to offer distinctive academic and research programs to meet the current and emerging opportunities in the industry and the government.
To begin with, the Institute would be offering a doctoral program leading to a PhD degree, from the Academic Year 2019-20. Led and guided by a senior professor from IIM Bangalore (Mentor Institute), this Program is all set to enhancing the pool of talented researchers in the country. The initiative also reinforces the research-culture and research output of the Institute, and thereby its credibility as a knowledge-driven entity.
The Institute looks forward to attaining standards of global excellence as enshrined in the IIM Act, through its high-quality academic, research, consulting and capacity building initiatives, winning and sustaining in the process, the trust and confidence of students, parents, faculty, business, government and society.