International Developments and Expansion Programs at IIPM
The Indian Institute of Planning and Management has fostered various international alliances and programs to give its students a leading edge over any other student from any management institute in India.
IIPM consolidated its offerings in a phased manner:
Phase I involved the introduction of the highly innovative Global Opportunity and Threat Analysis Program as a compulsory paper at IIPM. Students are given an unique opportunity to visit various leading international organizations like World Bank, WHO, UN, and many more apart from management institutions and global corporates for a two week study trip to the European, American and Asian continents.
Phase II involved the introduction of another innovative concept – the Global Outreach Programme, as a part of which faculty members from around the world visits IIPM campuses in India to take classes and workshops. These faculty are the best in their chosen subjects and represent Ivy league institutes like Harvard, Kellog, Columbia, Chicago, GSB, MIT and Yale apart from other leading European academic institutions of excellence like Cambridge and Oxford University.
In Phase III, as a part of the Global Outreach Programme, IIPM entered into research and publications alliances with international academic partners. HR, Finance, Strategy and Marketing experts and faculty from around the world collaborate with faculty and researchers at IIPM on gathering and analyzing data on the latest trends and findings in the field of management. Recently, IIPM and Yale School of Management agreed to conduct a landmark joint research exercise: The Yale IIPM Stock Market Analysis report.
Phase IV was another ground-breaking approach by IIPM, whereby, it has now decided to expand beyond the national boundary and start up campuses in foreign lands. The first of its international campuses would be coming up in the British capital, London and would be fully operational in 2006. To start with, it would offer a 2 year Full Time Post Graduate Program in Management. It is looking forward to a batch size of around 50 students in the first year. By the next academic session, it would increase the batch size to 120. The course fee would be £ 12,000.
The institute, in this regard has planned out an investment of 20 million US$ in the next two financial years. The London campus would be coming up in the majestic mansion in Laurence Pountney Hill area in London, the headquarters of the Prudential Insurance company and would cover a total space of over 45,000 square feet. As a result of its expansion into London, the city would slowly be made into a hub for all of IIPM’s GOTA programs, which witnesses a flow of around 2500 students per annum. The entire trip for the students would be sponsored by the institute, which amounts to around Rs. 60,000 per head.
