Students enjoy the cultural programme during IIM-Ranchi’s fifth foundation day on Sunday. Picture by Hardeep Singh
Ranchi, July 6: A host of problems notwithstanding, IIM-Ranchi celebrated its fifth foundation day in the state capital today.
The premier business school marked the occasion at Ram Dayal Munda Kala Bhavan in Hotwar with an array of cultural programmes, which gave the otherwise low-key programme an entertainment quotient. Economics professor from IIM-Calcutta A.K. Sinha graced the occasion as the chief guest.
The cradle, which came into existence in 2009, has been doing without a permanent campus, a full-time director and quality faculty members since.
Officiating director of IIM-Ranchi B.B. Chakraborty, who is also one of the founding members of the elite institute, conceded the challenges, but hoped that the cradle would hit the right track in future.
“At one point of time, we literally gave up hope of setting up an IIM in Ranchi because of land issues. After scouting for a long time and just when we were about to give up, a government official dropped the name of Suchana Bhavan and suggested we make hostel arrangements at Khel Gaon. It sounded perfect for then,” said Chakraborty who is now confident that the permanent campus would take only a few more years to get ready.
Notably, IIM-Ranchi had been provided about 90 acres of land in Cheri village of Kanke block, on the outskirts of the capital, but the land is yet to be officially handed over to the management cradle.
The acting director maintained that the institute was poised for quality overhaul. “For boosting teaching quality, we are recruiting faculty members and making classroom coaching time as limited as possible so that it does not get monotonous. We are hunting for an alternative address too so that classroom flexibility can be achieved.
“In around five years’ time, I think, we will truly be in a position to say that we are the best,” he added.
Shifting focus, chief guest Sinha dwelled on how budding managers needed to work on sustainable development in times of climate change.
“It is a very bitter truth. Climate change isn’t anybody’s exclusive concern, but a global problem that future leaders like you should start addressing,” Sinha said.