Indian Institute of Management Bangalore (IIM Bangalore or IIM-B) is a public business school and Institute of National Importance located in Bangalore, India. Founded in 1973, it was the third IIM to be established, after IIM Calcutta and IIM Ahmedabad.
IIMB is a globally ranked institute as per the QS World University Rankings and Financial Times Global MBA Rankings. The institute offers Post Graduate, Doctoral and Executive Education programmes. The Post Graduate Programme in Management (PGP), a two-year, full-time residential MBA programme is the flagship programme, offered to candidates admitted through the Common Admission Test. IIM Bangalore offers the Executive Post Graduate Programme in Management (EPGP), a one-year full-time MBA programme for candidates admitted through GMAT. IIMB also offers two-year part-time executive MBA programme for working executives and a 2-year full-time MBA programme in business analytics.
In addition to its academic programmes, the institute is engaged in facilitating research, offering consulting services, conducting seminars and academic conferences and publishing journals.
Key Description of IIM Bangalore:
Motto: Tejasvi nāvadhītamastu
Motto in English: Let our study be enlightening
Type: Public business school
Established: 1973; 47 years ago
Chairperson: Dr. Devi Prasad Shetty
Director: G Raghuram
Academic Staff: 109
Doctoral Students: 89
Location: Bannerghatta Road, Bangalore, Karnataka, India
Nickname: The Place to B
Affiliations: Institute of National Importance
History of IIM Bangalore
In 1972, a committee headed by Ravi J. Matthai, seeing the rising demand for graduates of the first two prestigious IIMs namely IIM Calcutta and IIM Ahmedabad, recommended the need to have two more IIMs. While the first two IIMs were oriented towards the private sector, it was decided that the new institutions shall be oriented towards the public sector to cater to its growing needs of management graduates. The Institute at Bangalore was consequently set up next year, designed to cater exclusively to the needs of public sector enterprises.
For the proposed institute, the Government of Karnataka offered 100 acres (40 ha) of land free of cost and a contribution of ₹3 million (US$42,000). T. A. Pai and N. S. Ramaswamy were appointed as chairman and director respectively. The institute was inaugurated by Indira Gandhi, the then Prime Minister of India, on 28 October 1973.
The institute was started in St. Joseph's College of Commerce, and some other buildings, which were rented on the Langford Road. The new institute came up at Bannerghatta Road Campus in South Bangalore in 1983.
The 2-year Post Graduate Programme commenced in July 1974 and the first convocation of the institute was held on 10 July 1976 with a total of 48 graduating students. On 27 August 1998, the Post Graduate Programme in Software Enterprise Management was launched with an intake of 58 students. The institute's start-up incubation center, N S Raghavan Center for Entrepreneurial Learning (NSRCEL) came into existence in March 2002. It was supported by grants from Nadathur Sarangapani Raghavan, an Indian industrialist, and one of the seven founders of Infosys Technologies.
On 7 June 2002, the Post Graduate Programme in Public Policy and Management was launched. The participants of the programme were members of the Indian Civil Services. On 3 April 2009, the 1-year Executive Post Graduate Programme was launched for professionals having 7–15 years of work experience.
In May 2016, the institute partnered with Michael & Susan Dell Foundation to offer incubation for social enterprises and not-for-profit start-ups.
Motto of IIMB
The motto derived from Sanskrit तेजस्वि नावधीतमस्तु (pronounced as tejasvi nāvadhītamastu) is an extract from the Shanti Mantra recited in Taittiriya Upanishad, Katha Upanishad, Mandukya Upanishad and Shvetashvatara Upanishad. The motto translates to Let our study be enlightening.
The current IIMB Logo depicting the sun, was designed by the National Institute of Design and has been in use since 1994.
Academics of IIM Bangalore
Prior to 2018, IIM Bangalore awarded diplomas instead of degrees because IIMs were not set up as universities through an act of parliament but as societies under the Societies Act. The Indian Institutes of Management Act, 2017 enacted by the Ministry of Human Resource Development in December 2017 declared IIMs as Institutes of National Importance, thereby allowing IIMs to award degrees to their students instead of diplomas. Consequently, in 2018, IIM Bangalore became the first IIM to award MBA degree to the graduates of the Post Graduate Programme in Management.
IIM Bangalore offers degree-granting programmes which lead to Master of Business Administration, Master of Management Studies in Public Policy, and Doctor of Philosophy degrees. In addition to the full-time programmes, the institute offers a wide variety of on-campus short-duration certificate programmes. It also offers a plethora of Massive Open Online Courses including the Micro Masters programme in management through the edX platform.
Degree Granting Programmes
IIM Bangalore offers six degree-granting programmes; a full-time doctoral programme, 3 full-time MBA programmes (EPGP, PGP,PGP DA), an executive MBA programme (PGPEM) , a full-time programme in public policy (PGPPM).
Degree Granting Programmes at IIM Bangalore
|Programme||Duration||Specialization||Entry Route||Ranking and/or accreditation|
|Doctoral Programme (PhD)||5 Years - Full Time||Decision Sciences, Economics & Social Sciences, Entrepreneurship, Finance & Accounting, Information Systems, Marketing, Organizational Behaviour & Human Resources Management, Production & Operations Management, Public Policy, Strategy||CAT, GMAT, GRE,
GATE, NET, IIM
|The PHD programme (erstwhile called FPM, is a well recognised full time campus based PHD programme )|
|Executive Post Graduate Programme (MBA)||1 Year - Full Time||General Management||GMAT, GRE,||Globally ranked #27in FT global MBA ranking, #1 amongst all globally ranked full time MBA programmes in India in FT global ranking. #2 in QS Global MBA ranking|
|Post Graduate Programme (MBA)||2 Years - Full Time||General Management||CAT, GMAT||Globally ranked #26 in QS Global MIM ranking, Also ranked #44 in FT Global MIM ranking,|
|Post Graduate Programme in Business Analytics (MBA)||2 Years - Full Time||Business Analytics||CAT, GMAT||New programme - is a subdivision on the two year MBA of IIMB|
|Post Graduate Programme in Enterprise Management (executive mode MBA)||2 Years - Weekend||General Management||CAT, GMAT, GRE,||Globally ranked #36 in QS executive MBA ranking. #1 and only executive MBA programme in India in QS executive MBA ranking.|
|Post Graduate Programme in Public Policy||1 Year - Full Time||Public Policy||CAT, GMAT, GRE,
Government of India sponsored
Ranking of IIM Bangalore:
The full-time One Year MBA programme (EPGP) is ranked 27 in the world amongst the top 100 Global MBA Programmes by the Financial Times "Global MBA Ranking 2020" The one year MBA of IIM Bangalore has also been ranked 44 in the world by QS Global MBA 2020 ranking.
The full-time Two Year MBA programme (PGP) at IIMB is ranked 26 globally, amongst the top 100 Master's in Management programmes by the 'QS Master in Management Ranking for 2020'.
The two-year Masters programme was ranked 44 in 2019 by Financial Times in its Masters in Management Ranking. The part-time Weekend Executive MBA programme (PGPEM) is ranked 12th in the Asia-pacific region the QS Executive MBA Rankings 2019.
IIM Banglore was ranked 2nd among management schools by the National Institutional Ranking Framework (NIRF) 2020. Eduniversal, Paris has ranked Indian Institute of Management Bangalore (IIMB) first in Central Asia and India in 2019. IIMB has been kept in the top 10 business schools globally by '2020 Positive Impact Ranking for Business Schools'.
Mentorship of IIMB
IIM Bangalore successfully mentored IIM Trichy when it was established in 2011. Currently it mentors IIM Visakhapatnam from its establishment in 2015. IIM Visakhapatnam operates from temporary campus inside Andhra University. It follows similar PGP program with faculty coming from IIM Bangalore.
Campus of IIMB
The current campus is located at Bannerghatta Road in Bangalore and was designed by Pritzker prize winning architect B. V. Doshi in partnership with Joseph Allen Stein and Jai Rattan Bhalla. It was completed in 1983. The campus occupying an area of over 100-acres is located in South Bangalore. IIMB campus design is admired for its unique all-stone architecture and lush woods. IIMB has planned to set up its second campus on the outskirts of the city near Jigani in Anekal.
One of the masterpieces designed by the famed architect, the inspiration for the design of IIMB was gardens and temples. Long corridors meander across lawns, and sunlight shines through pergolas into various parts of the building, creating a play of light and shadow.
The design of IIMB is a shining example of sustainable architecture and an eco friendly campus design with locally available granite being the primary building material.
Campus life of IIMB
There are several student-run clubs and societies at IIM Bangalore. The student bodies are divided into clubs, mini clubs, chapters and societies are managed by the students themselves and are governed by the Student Affairs Council. The following are the list of clubs and societies.
Students Affairs Council
It is the apex body which controls all the aspects of student life including other clubs and societies.
The Academic Council is an elected body that facilitates the management of the academic system at IIM Bangalore. The Council acts as an interface between students and faculty and is also responsible for elective bidding process for courses by assessing the academic needs of the student community.
More than 100 companies across the globe visit the campus every year for summers and final placements. The placement processes are governed by the Career Development Services and facilitated by the Placement Committee.
Events in IIMB
IIMB celebrates the Foundation Day on 28 October. The 46th foundation day lecture was given by architect B.V Doshi, who had designed the IIMB campus more than three decades ago.
Eximius: Eximius is the annual entrepreneurship summit organized by IIM Bangalore. The three-day event focuses on entrepreneurship and generation of new business ideas. The event has hosted several eminent speakers including Shashi Tharoor, Kiran Mazumdar Shaw, Piyush Pandey, Mallika Sarabhai, Kris Gopalakrishnan, Kiran Bedi, Rashmi Bansal, Shaheen Mistri, Harish Hande, D R Mehta among others.
Unmaad: Unmaad is the flagship annual cultural festival of IIM Bangalore. The three-day event draws participants from across India. Unmaad features drama and music performances, dances, quizzes, debates, street plays, professional concerts and a fashion show. The event has hosted performances by artists including Farhan Akhtar, Shankar Ehsaan Loy, KK, Kailash Kher, Lucky Ali, Strings, Jethro Tull, Indian Ocean.
Vista: Vista is an annual, international business summit hosted by IIM Bangalore. The three-day summit brings together leaders from the fields of marketing, finance, operations, human resources, consulting and social work. The platform lets students learn from business professionals through events, competitions and case studies. The event also incorporates guest speaker sessions. Previous speakers include Devi Shetty, Mukesh Ambani, Prahlad Kakkar, Kumar Mangalam Birla, Kamal Haasan, Kiran Mazumdar Shaw, Gurucharan Das, Justice Santosh Hegde, Arun Shourie, Gul Panag, M J Akbar, Nandita Das, Narain Karthikeyan and Shobhaa De.
Yamini: Yamini is a music festival in Bangalore, organized by Society for the Promotion of Indian Classical Music And Culture Amongst Youth (SPICMACAY) and hosted at IIMB.
Research IIM Bangalore
Research in IIM Bangalore is performed in research centres focusing on different aspects of managements. These include the ERP Research Centre, Centre for Insurance Research and Education, N S Raghavan Centre for Entrepreneurial Learning, Centre for Public Policy, Centre for Software & Information Technology Management, Centre for Development of Cases and Teaching Aids, Centre for Corporate Governance and Citizenship Centre for Capital Market & Risk Management, Centre for Financial Markets and Institutions and the Supply Chain Management Centre.
Faculty of IIM Bangalore
Past and present faculty at IIM Bangalore include many prominent scholars who have gone on to become pioneers in their fields. Notable of them include:
J Ramachandran, Chartered accountant, first Bain fellow in India and rated one of the best b-school professors in India.
Mendu Rammohan Rao, Former Director of IIM Bangalore and Dean Emeritus of Indian School of Business.
Prakash Apte, former Director of IIM Bangalore and UTI Chair in Capital Market Studies.
R Narayanaswamy, Chartered accountant, Visiting Professor at Manchester Business School and Osaka University and rated one of the best b-school professors in India.
Rajeev Gowda, Spokesperson for the Indian National Congress and former Chairperson of the Centre for Public Policy
Ravi Neelakantan, Senior Fellow at Centre for Public Policy, IFS Officer and former diplomat.
Trilochan Sastry, Former Dean (Academic) and visiting professor at International University of Japan, Hong Kong University of Science and Technology and Indian School of Business.
N. S. Ramaswamy, Founder director of IIMB and Padma Bhushan recipient
Gita Sen, Professor Emeritus, feminist scholar and specialist in international population policy; consultant for the United Nations System
Seema Gupta, Associate Professor of Digital Marketing IIMB, Visiting Faculty at ESAN University Peru, author of textbook in Digital Marketing by Mcgraw, publisher of case studies in Harvard publishing, winner of IFMD and ISB-IVEY best case study awards 2011.
Alumni of IIM Bangalore
IIM Bangalore has a strong alumni network with its alumni taking over many prestigious positions across the world. IIMB Alumni Association (IIMBAA) manages interactions with the Alumni network and keeps them engaged with the business school. Anusmaran, a yearly event conducted across multiple cities in the world serves as a rendezvous. Some of the prominent alumni include academicians such as Aswath Damodaran and Raghavendra Rau, author Karan Bajaj and film maker Nila Madhab Panda. K. Radhakrishnan, Chairman of ISRO and business executives like Ravi Subramanian and Sameer Suneja were also IIMB graduates.