Five Year Integrated Postgraduate Programme in Management (IPGP)

A Brief Note In this brief note we articulate the rational on the design and implementation of the proposed five-year integrated postgraduate programme in management (IPGP) of IIM Indore. IIM Indore’s vision is to have a dominant presence in every segment of management education. Operationalization of increasing the PGP batch size from 240 to 450 candidates is a step in this direction. We have launched a one-year executive education programme for the premium price segment of the management education market. Academic presence in Mumbai and Dubai is a demonstration of our desire to be globally present. We have an expanding Ph.D. programme. We have launched a 3-month Faculty Development Programme (FDP) for teachers. We have plans to launch several specialized programmes in the emerging sectors of the Indian economy like egovernance, health care etc. The proposed five-year integrated postgraduate programme in management (IPGP) is a unique and creative programme to meet the aspirations of young students to become management professionals. This programme therefore is a strategic fit in the overall context, vision and mission of IIM, Indore. The five-year integrated postgraduate programme in management is aimed at students who have passed out class XII / Higher Secondary or equivalent from various schools in India. It is widely believed that our ability to influence the younger students is much greater if we start early. It is hoped that we will be able to shape them as outstanding leaders. The five-year integrated residential programme is a unique opportunity for the Institute to make a contribution. It is also an interesting option for the young boys and girls to charter their profession in the area of management with a wider scholarly academic background in the social sciences setting. The proposed batch size is 120. We have adequate infrastructural facilities for this year to start this batch size. For next year, we have to create infrastructure. We plan to do it rapidly. Eligibility criteria for this programme are 60% aggregate marks at Secondary/ X Std/ Equivalent and at Higher Secondary/XII/+2 level/ Equivalent. Government of India reservation norms would be followed while admitting the candidates. Selection of candidates would be based on their performance in Secondary/X Std/ Equivalent and Higher Secondary/XII Std/ +2 level / Equivalent examination. Final selection will be based on academic performance, scholastic achievements, performance in SAT-1 and the performance in the Aptitude Test and Personal Interview. The aptitude test and personal interview would be held in various centres including Bangalore, Chennai, Delhi, Hyderabad, Indore, Kolkata and Mumbai. We plan to invite roughly seven times (approximately 850 candidates) of the batch size for aptitude test and personal interview. The classes are scheduled to begin in October 2011. Candidates can use the option of exiting the system with a degree equivalent to BBA programme of 3 years. Others who desire to continue would receive an MBA equivalent after 5 years. Fee for the programme for the first 3 years would be Rs.300,000 per annum and for next two years would be Rs.500,000 per annum. This fee is for tuition and does not include boarding and lodging. The participants should meet any international component expenses, as a part of the programme. The participants would, also meet expenses related to the field visit if any. Accommodation would be organized on the campus on a twin-sharing basis for the first 3 years. Single room accommodation would be made available for the 4th and 5th year of the programme on campus. This academic programme would consist of 15 terms. Each term is for 3 months. Detailed programme design and academic curriculum will be made available by August 2011. The broad design of the programme would include management education in social sciences setting. Accordingly, 40% of the programme would focus on subjects related to the following: ·         Mathematics, Statistics, Logic and Computer Science ·         Introduction to Literature and Political Science ·         Civilization in History (both national and international) ·         Exposure to biological sciences ·         Exposure to languages (one foreign language and one Indian language) – Ordinary language and exposure to Indore by field visit. ·         Soft skills: Leadership development, personality development, team work and communication both written and oral Second module would consist of all functional areas of management like Accounting, Finance, Organizational Behaviour, Decision Science, Operations and Services Management, Marketing, Economics, Information Technology, Communication, Legal Aspects of Business, Ethics, Corporate Governance, Corporate Social Responsibility, Business Strategy and International Business. This would account for 50% of the course design. The remaining 10% of the programme would focus on international exposure and internship in various social organizations in India. Faculty Resources: Faculty would be drawn from various sources. They include faculty members, retired and serving teachers in top rank commerce and science colleges in India; Industry experts who have inclination to teach; Retired faculty members from central universities and state universities. Collaboration with foreign Universities/ Colleges: We are actively exploring international participation with Universities/ Colleges based in Europe, US and Canada.