Continuing its journey towards steady progress and growth since its inception in 2015, IIM Visakhapatnam has already carved out a niche for itself in the comity of business schools of the country, crossing several milestones and maintaining a distinct lead on many fronts, as exemplified by:
- Vision to champion and excel in educating and nurturing entrepreneurial leaders in creating innovative solutions for business, government, and society.
- Mission: (a) to be a pre-eminent business school focusing on contextually-relevant solutions for techno-managerial problems, leveraging global best practices and knowledge resources; (b) to foster an environment that encourages creative learning for innovative outcomes; (c) to promote relevance and excellence in all academic, research and allied knowledge pursuits; (d) to demonstrate commitment to ethical and sustainable management practices; and (e) to contribute to professionalization of management education with diversity, equity and inclusivity as key drivers.
- Core values of academic freedom, equity, excellence, professionalism and sustainability.
- Grooming leaders who can contribute as professional managers, entrepreneurs, and stewards of existing and emerging enterprises in the private, public, and social sectors.
- The faculty of the Institute, with PhDs from top notch institutions of India, who blend industry experience with their impeccable academic and research credentials, and bring real-world knowledge to the classroom, for learning outcomes of lasting impact.
- Peer-reviewed, high-impact research focused on advancing new knowledge, innovation and thought leadership.
- Offer of on-campus programs such as (a) two-year MBA; and (b) two-year Mahatma Gandhi National Fellowship program in Public Policy & Management, funded by the Ministry of Skill Development & Entrepreneurship, GoI.
- Offer of full-time PhD program in many management disciplines, supported by the University Grants Commission, GoI.
- Offer in hybrid mode of:
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- A specialized two-year MBA program in Digital Governance & Management sponsored by the Ministry of Electronics & Information Technology, GoI. This program is for officers from the civil services of India.
- A two-year Executive MBA program for working professionals.
- Many post-graduate certificate programs (four-months to one-year duration) in a variety of specializations.
- Being a sought-after destination for executive education programs. The sponsors include departments of the GoI (e.g., DPE, DoPT, DRDO), large central public sector enterprises (e.g., IOCL, HPCL, NTPC, PowerGrid, HSL, MDL, MCL), the Central Vigilance Commission, and renowned private sector organizations (e.g., L&T).
- Having one of the fastest growing incubators in the country. Committed to nurturing and promoting startups, entrepreneurship development initiatives are receiving national recognition and funding from the ministries of the GoI as well as reputed public and private sector organizations.
- Having a first-of-its-kind Board-approved Start-up Policy, with allocation of 1% of the budget to an Innovation Fund, to encourage entrepreneurship in students by proving them with seed funding and prototype grants.
- Recognition as industrial-research organization by the Department of Scientific & Industrial Research, GoI.
- Having the prestigious Dr B R Ambedkar Chair Professorship endowed by the Ministry of Social Justice & Empowerment, GoI.
- Being a signatory to the PRME (Principles for Responsible Management Education), an initiative of the United Nations Global Compact. It also a member of the UN Sustainable Development Solutions Network.
- Having a 240-acre campus in salubrious, serene, sylvan and scenic surroundings in the popular “City of Destiny”, Visakhapatnam, with a beautiful beach one side and a majestic hill-range on the other.
- Net-zero status in energy, water and carbon footprint once the campus project is fully completed this year.
- Forging ahead of all new-generation IIMs (for successive years) in the NIRF ranking of the MoE, GoI.
IIM Visakhapatnam is thus a trend-setter and path-breaker!
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