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By The Telegraph Online
  • Published 18.10.12

International Management Institute (IMI), India’s first corporate-sponsored business school, was established in collaboration with IMI Geneva (now IMD Lausanne) in Delhi way back in 1981. In its initial years IMI had the financial backing of corporate houses such as RPG Enterprises, Nestle, ITC, SAIL, Tata Chemicals, BOC and Williamson Magor. According to a news magazine survey, 2012, it ranks fifth among the top 10 private B-schools and fourteenth among the top 75 management schools in India.

In 2010, two more IMI campuses came up in Calcutta and Bhubaneswar. The Calcutta campus has 120 students per batch and offers a two-year, full-time management programme. The AICTE-approved institute offers electives in marketing, finance, accounting, operations, IT, economics and public policy, and strategy and human resource management. Students get ample opportunity to apply theoretical learning to real-life situations in the form of case studies, research, events, and live projects.

The faculty includes academics as well as industry personnel. There are 12 regular faculty members, apart from visiting professors from IMI Delhi. Industry experts are also invited as guest lecturers to share their experiences with the students. All the faculty members hold doctorate degrees from reputed institutions such as the IIMs, IITs and other universities of repute.

The 2.71 acre sprawling campus has a state-of-the-art edifice. The campus buildings are divided into an academic block and a residential block. The academic block is centrally air-conditioned with spacious lecture theatres equipped with the latest audio-visual teaching aids, a conference room, library, language lab, a central lobby, faculty enclosure, administration office, and an auditorium. The library has a good collection of books and journals on management. There is also a gym within the campus. The campus is WiFi enabled with LAN connectivity and Intranet access for both the academic and residential blocks. There is a canteen that serves breakfast, lunch, snacks and dinner for students, faculty and staff members and also a cafeteria. The hostel conforms to international standards in terms of hygiene and each student occupies a single room.

Following the legacy of IMI Group of Institutions, IMI-Kolkata has been striving for excellence in the field of management studies, industry interaction and research. It has four centres of excellence aimed at fulfilling the gap of research, engagement and capacity building in the areas of infrastructure, financial markets, retail and corporate governance. The curriculum is in sync with current trends in management practices and meets industry requirements. It also has plans to start executive postgraduate management programmes for working personnel.

“We plan to raise the level of our institute to that of other premier institutes with specific focus on finance, infrastructure and retail sectors. We have collaborations in all three sectors at the national and international level with institutions such as Power Finance Corporation, National Highway Authority of India and others,” says Ahindra Chakrabarti, director, IMI-Kolkata.

“Our first batch is ready for placement. Given the response we have received from the industry during summer internship, we are hopeful that the same companies will be happy to participate in our final placement. Besides, we are also in touch with other industry players who have shown keen interest in taking part in the placement process,” says Mohua Banerjee, associate professor, IMI-Kolkata.

Students interned with companies such as PricewaterhouseCoopers, SBI Capital Markets Limited, Nestle, Exide, SREI, Andrew Yule, Hindustan Unilever Limited and companies under the RP-Sanjiv Goenka Group.

“Studying here has made me very organised. I interned for two months with Exide Industries in their industrial division in Jharkhand and that practical experience has taught me how to handle things at work,” says Thomas Joseph, second-year management student who graduated in commerce from St Xavier’s College, Calcutta.

The placement of the first batch, will show the calibre of IMI-Kolkata.

Vital Statistics

WHAT IS IT? The country’s first corporate-sponsored business school

WHO’S THE BOSS? Ahindra Chakrabarti is the director of IMI-Kolkata

Where is it? 2/4C, Judges Court Road Alipore, Calcutta-700027 Phone: 66529645 / 9648

Research-oriented faculty members, strong industry interface

The first batch is yet to be placed. So industry’s opinion of the institute is not yet clear

Sharmistha Das