Indian Institute of Management Nagpur

The Indian Institute of Management Nagpur also known as IIM Nagpur or IIMN is a public business school located in Nagpur, Maharashtra, India.[1]

Indian Institute of Management Nagpur
भारतीय प्रबंध संस्थान नागपुर
Mottoसत्यं च स्वाध्याय प्रवचने च
Motto in English
An inspired journey towards truth through individual reflection and collective discourse
TypePublic business school
Established2015
ChairpersonCP Gurnani
DirectorDr. Bhimaraya Metri
Address
Indian Institute of Management Nagpur, Plot No. 1, Sector 20, MIHAN (Non-SEZ), Nagpur – 441108
, , ,
21.1215°N 79.0553°E / 21.1215; 79.0553
CampusUrban, 135 acres
Websitewww.iimnagpur.ac.in

It is one of the twenty Indian Institutes of Management. The Institute became operational in July 2015. It was inaugurated by Shri Devendra Fadnavis, former Chief Minister of Maharashtra State.[2] The Institute currently offers the two-year Post-Graduate Programme in Management (PGP), Ph.D. Programme as well as a number of Post Graduate Certificate Programmes. It was the first among the six new-generation Indian Institutes of Management established by the Government of India in 2015 to begin its operations.[3][4]

History

A commitment was made by the Government of India in the Budget speech of the Finance Minister in July 2014 to establish five new IIMs in Bihar, Himachal Pradesh, Maharashtra, Odisha and Punjab. In accordance with the same, the Indian Institute of Management Nagpur was established in Nagpur, Maharashtra on July 23, 2015, with the Indian Institute of Management Ahmedabad as its mentor institute.

The Indian Institute of Management Nagpur (IIMN) was declared as an Institution of National Importance by the Indian Institutes of Management Act, 2017, enabling it to confer a Master’s degree in Business Administration (MBA) to students of its flagship two-year Post Graduate Programme (PGP) in Management.

Campus

IIM Nagpur’s sprawling new campus is situated across 132 acres in Dahegaon Mauza, non-SEZ area of the Multi-modal International Cargo Hub and Airport at Nagpur, 9 km from the Dr. Babasaheb Ambedkar International Airport.

Built to accommodate 600 students, the state-of-the-art campus houses Academic Blocks, Administration Block, Faculty Block, Multipurpose Hall, Student Hostels, Dining Hall, Sports Complex, Essentials Block, Faculty and Staff Residences, and Engineering Support Centers, along with external services. In addition, the campus will also include a Management Development Centre for the institute’s Executive Education Programme (EEP) and IIM Nagpur’s entrepreneurship incubation center, InFED.

In 2018, the Ministry of Education (India) approved the construction of a permanent campus for IIM Nagpur in three phases. The Institute was granted Rs 379.68 crores for the construction of the first phase of the permanent campus, which covers approximately 60,000 sq.m of the allotted 132-acre plot. The Groundbreaking ceremony of the IIMN permanent campus was held on March 06, 2019. Shri Nitin Gadkari, Minister for Road, Highways, and Shipping, Govt. of India and Shri Devendra Fadnavis, former Chief Minister of Maharashtra, graced the occasion along with Guardian Minister of Nagpur, Shri Chandrashekhar Bawankule. The construction for Phase 1 began in May 2019.

Until 2021 IIM Nagpur was operating from its transit campus at Visvesvaraya National Institute of Technology (VNIT) Nagpur. It moved to the new campus in late 2021.

Prime Minister Shri Narendra Modi unveils the plaque marking the ‘Bhoomi Poojan’ for IIM Nagpur permanent campus (2017).

Satellite Campus (Pune)

IIM Nagpur is setting up its satellite campus within the CIRT campus on Nashik-Pune Road, Pune.

The initial course to be offered is MBA for Working Professionals.

Academics

Admission

The admission process for the flagship two-year Post Graduate Programme at IIMN takes into account factors such as the candidates’ performance in the Common Admission Test (CAT), past academic performance, work experience and gender and academic diversity. The policy incorporates reservation of seats for candidates as per government norms.

Post Graduate Programme

The flagship academic programme at IIM Nagpur is the fully residential two-year Post Graduate Programme in Management. The curriculum for PGP is an eclectic mix of courses that includes various disciplines and functions of management. The first year curriculum involves compulsory courses. During the second year, students choose from a wide range of elective courses from areas such as Marketing, Strategy, Finance, Information Systems, Economics, Operations Management, Quantitative Methods, Entrepreneurship, Organizational Behaviour, Communication, and Human Resource Management.[5]

The pedagogy comprises classroom sessions, case studies, individual and group projects, simulations, business games and guest lectures. In addition to the three terms a year, the PGP also includes a summer internship on completion of the first year and an optional International Immersion in the second year.

International Immersion

Second year PGP students are given the opportunity to obtain a perspective of the global business environment through the International Immersion. Students of IIMN have visited Japan, France, UAE, South Korea and Singapore as part of this optional module.[6]

Doctoral Programme

There are two doctoral programmes at IIM Nagpur- Ph.D. and Executive Ph.D.

Ph.D.

IIM Nagpur started the Doctoral Programme from the academic year 2021-22. The programme duration is four years. Participants of four-year Ph.D. programme initially undergo two years of coursework before they can undertake the thesis work for the remaining duration under the supervision of an advisory committee. They are awarded a Doctor of Philosophy (Ph.D.) on successful completion of the programme. Currently IIM Nagpur offers Ph.D. in eight areas of specialization including Decision Science and Information Systems, Finance and Accounting, Marketing, Organizational Behavior and Human Resources Management, Production and Operations Management, Strategy and Entrepreneurship, Economics, and Humanities, Arts & Social Sciences. Ph.D. candidates are offered financial support in form of start-Up grant, contingency allowance and conference funding besides monthly stipend.

Executive Ph.D.

Ph.D. (Executive) programme at IIM Nagpur is a doctoral programme in management for working business executives who are inclined to gain profound understanding of management research and contribute to management theory and practice. This programme provides participants with rigorous training in various areas of management research and helps them undertake high quality interdisciplinary research. Participants can undertake all the eight areas of specialization same as Ph.D. programme.

Executive Education Programmes

IIM Nagpur offers a wide range of executive education programmes. Some of these programmes are open-enrolment (open to participants from various organizations), while others are customized to meet the needs of individual organizations.

MBA-Working Professionals

IIM Nagpur launched a two-year MBA programme for Working Professionals in academic year 2021-22 for mid to senior level executives. MBA-WP started its first batch in September 2021. Under this programme participants undergo face-to-face in-class pedagogy three days a week. IIM Nagpur delivers this programme through its satellite campus in Pune in addition to the main campus.

Post Graduate Certificate Programmes

IIM Nagpur also offers nine Post Graduate Certificate Programmes in functional domains such as data science, business management for IT professionals, FinTech, digital marketing & marketing analytics, general management, strategic management, operations management, cyber security & data analytics and senior management to give in-depth exposure to individuals. These certification programmes are delivered as Blended Learning Programmes (BLPs) to provide working-executives with flexibility of learning from their convenient locations. The in-campus, face-to-face sessions promote intra-batch interactions, intense discussions and activity-based learning.

Placements

The campus recruitment process at IIM Nagpur is headed by the Career Development Services (CDS) office. Some prominent recruiters are Deloitte Consulting, Amazon, ThyssenKrupp, Mu Sigma, Tata Power, DHL, Genpact, ANZ Bank, Hexaware Technologies, Tech Mahindra, Wipro Digital, TVS Motors, V Guard, Kotak Mahindra, HCL Technologies, L & T, and Sutherland Global.[7]

IIMN Foundation for Entrepreneurship Development (InFED)

A Centre for Entrepreneurship (CfE) is set up to foster research and education in entrepreneurship, and provide services, and incubation for entrepreneurs.  In IIMN’s two-year flagship Post Graduate Programme in management, CfE offers a unique specialization area called Entrepreneurship with Incubation. Further, CfE also set up InFED (IIMN Foundation for Entrepreneurship Development) as a Section 8 Company to offer services and incubation facilities to entrepreneurs.

Current Offerings

  • Women Startup Programme

InFED has incubated nine women entrepreneurs under the Women Startup Programme (WSP), being conducted in collaboration with NSRCEL, IIM Bangalore. This programme is supported by Goldman Sachs and Department of Science & Technology, Government of India.  The women entrepreneurs, currently being incubated by IIM Nagpur, are working in different sectors such as adventure sports, astronomy education, textile design, customized pet foods, food search & discovery service, finance, health & sanitation, and civic society. These incubates are being provided with a monthly stipend, one-time prototyping grant, mentoring and review and multiple opportunities to network, in addition to space for setting up their offices.[8]

  • InFED currently offers customized programmes spanning three broad domains of stakeholders:

(a)  In-house students who opt for entrepreneurship;

(b)  SMEs, family businesses;

(c)  Budding entrepreneurs needing incubation and/or techno-business support.

InFED also conducts programmes and activities in order to create an entrepreneurial mind-set among relevant stakeholders to enable entrepreneurial success.

Collaboration with International institutions

IIM Nagpur has signed Memoranda of Understanding (MoU) with a number of institutions around the world. These engagements open up avenues for student and faculty exchange programmes, research and training collaboration in a multicultural environment.

Chuo University, Graduate School of Strategic Management

IIM Nagpur signed an agreement with Chuo University, Graduate School of Strategic Management (Chuo University, GSoSM) in February 2020. The agreement paves the way for collaborative research on contemporary issues, faculty and student exchanges, and also cultural exchanges between the two schools. Focus areas will include managerial and administrative issues in the cross-cultural context, entrepreneurship, and management of technology, among others. In order to further such collaborations, and spearhead IIM Nagpur’s internationalization efforts in Japan, IIM Nagpur has recently set up a dedicated center of excellence, the Indo-Japan Research Center (IJRC) under the chairmanship of Prof. Rahul Kumar Sett.[9]

University of Lille, France

IIMN has established dual-degree programs with the University of Lille, France, where the students of both the institutions can pursue cross-campus dual degrees.

Westminster Business School, University of Westminster, UK

IIMN signed a Memorandum of Understanding (MoU) with the Westminster Business School, University of Westminster, UK in March 2021. The MoU establishes a path for setting new benchmarks in management education by way of impactful, quality engagement and research, joint programmes and knowledge sharing opportunities between the two institutions.

University of Memphis, USA

A Centre for Cybersecurity and Data Analytics will be set up at IIM Nagpur under the agreement with FedEx Institute of Technology, University of Memphis, USA. IIM Nagpur is one of the first management institutes to venture into training and teaching of cybersecurity management using data analytics. This Centre aims to open new frontiers of knowledge and applications of data-driven decision making in the area of cybersecurity management and business excellence.

IIM Nagpur has also signed agreements with the following leading international institutions:

●   Institut Mines-Telecom, France

●   Copenhagen Business School, Denmark

Faculty

IIMN has faculty members in the Areas of Strategy & Entrepreneurship, Finance & Accounting, Economics & Social Sciences, Decision Science & Information Systems, Marketing, Organizational Behaviour & Human Resources Management, and Production & Operations Management.

Certifications and Affiliation

IIM Nagpur is a member of The Association to Advance Collegiate Schools of Business (AACSB). Both IIM Nagpur and AACSB are committed to a common goal, that is, the creation of the next generation of great leaders. Through this alliance, therefore, IIM Nagpur aspires to connect with the global network and contribute to the improvement of the quality of business education around the world.

IIM Nagpur has secured the 40th rank in the Management Category of educational institutes in the NIRF rankings 2020, becoming the only new generation IIM to accomplish the same.[10]

Student life

IIMN has many academic and non-academic clubs, committees and special interest groups (SIGs) run for and by the students. These groups organize and participate in a plethora of intra- and inter-institute events throughout the year.

Academic Clubs

  1.  Finesse: The Finance Club
  2.  MarX: The Marketing Club
  3. Opex: The Operation Club
  4.  Predixion: The Analytics Club
  5. tHRive: The HR Club

Non-Academic Clubs

  1. Toastmasters
  2.   Nexus - The Media and PR Cell
  3.   E-cell- The Entrepreneurship Cell of IIM Nagpur
  4.   Ummeed: The Community Outreach Club
  5.   Abhyudaya: The Cultural Club
  6.   Sports Club
  7. Cineastes: The Movie Club

Committees

  1.  Academic Council
  2.  Alumni Committee
  3.  Events Committee
  4.  Placement Committee
  5.  Mess Committee
  6.  Infrastructure Committee

Special Interest Groups      

  1. Athena - The Economics and Public Policy SIG

Events

The various student bodies at IIM Nagpur organize a plethora of events throughout the year. These include Illume – the industry-Institute interaction event, Utkarsh – the HR Conclave, Entro-Mile – the Entrepreneurship Conclave; and inter-institute management fests such as Tangerine Trails and Invicta - the Marketing Fest. The first edition of the annual cultural festival, Zero Mile Fest, featured a concert by Hindi rock band, The Local Train. The Institute has also hosted a performance by renowned sitar player Ustad Shahid Parvez Khan in association with SPIC MACAY.

The student community of IIM Nagpur also conducts many indoor and outdoor sporting events throughout the year, carving a niche in inter-institute tournaments as well. The Institute also has a long-standing engagement with the Slum Soccer initiative, through which aims to better the lives of underprivileged youngsters through football. The community outreach club of the Institute, Ummeed, also collaborates with NGOs to carry out activities that contribute to the welfare of the marginalized in Nagpur.

In addition to these, the Institute welcomes guest speakers from diverse fields to interact with the students throughout the year. In the past, IIMN has welcomed distinguished personalities such as Mr CP Gurnani (MD & CEO, Tech Mahindra and Chairman, Board of Governors, IIM Nagpur), Mr Vinod Rai, IAS, author and youth expert Ms Rashmi Bansal, French Ambassador to India Mr Alexandre Ziegler, and Lt. Gen. Rajendra Nimbhorkar, to name a few.

See also

References

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