Achhe Din: Maharashtra Gets Its First IIM

BENGALURU: First of the Six IIM’s that the Modi government had proposed is now inaugurated, reports ET. The Maharashtra CM, Devendra Fadnavis inaugurated the first IIM of the state, which will be mentored by IIM Ahemdabad. The IIM has started the batch with 60 students this week with the temporary campus being the Visvesvaraya National Institute of Technology.

"It's a day when I can say that the dreams have come true, not just for me, but also for the people of Maharashtra," Devendra Fadnavis said. "I must thank professor (Ashish) Nanda and IIM-A to agreeing to mentor IIM Nagpur. The need of the hour is to create human resources and to do that, we need great institutions,".

The Director of IIM Ahemdabad, told "We wanted to take the learning and wisdom from IIM Ahmedabad, and implement some of the best practices of global business schools, but also wanted IIM Nagpur to evolve in its own unique way and develop its own identity in the field of management education,".

The other new IIMs are likely to come up in Vishakhapatnam (Andhra Pradesh), Bodh Gaya (Bihar), Sirmaur (Himachal Pradesh), Sambalpur (Odisha) and Amritsar (Punjab).

IIM Nagpur will offer core courses in pricing, economic boundaries of the firm, decision making and new age organisations. Also after the end of the first term, students will work for two weeks on field immersion on both private and government and not for profit projects. This is quite different from the usual MBA programmes in which students go for industry training after trimester three.

There is also another immersion program of two and a half weeks in the second term where the students can interchange sectors among themselves.

Pradyumana Khokle said- "Our commitment is for two to three years. We have a group of 7-8 competent faculty members. The advantage is that we were not just looking at full time faculty members,".

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