Indian Institute of Management Kozhikode

This article is about a management institute in Kozhikode, India. For the similarly named institutes, see Indian Institute of Management.
Indian Institute of Management Kozhikode
Motto Yogah Karmasu Kaushalam (Sanskrit) - from the Gita 2:50
Motto in English
 Diligence leads to Excellence
Type Public business school
Established 1996
Chairman A. C Muthiah
Director Kulbhushan Balooni
Students 650 MBA students
Location Kozhikode, Kunnamangalam, Kerala, India
11°17′39″N 75°52′25″E / 11.294294°N 75.873642°E / 11.294294; 75.873642Coordinates: 11°17′39″N 75°52′25″E / 11.294294°N 75.873642°E / 11.294294; 75.873642
Campus Suburban,97 acres (0.4 km2)
Heraldry Clockwise from the top: Arjuna's Bow & Arrow (Focus, Determination, Excellence, Achievement), Book (Wisdom, Knowledge, Learning) and Seascape (Kerala, Heritage)
Affiliations Indian Institutes of Management
Website Iimk.ac.in

The Indian Institute of Management Kozhikode is one of the 19 Indian Institutes of Management set up by the Government of India. The Institute, founded in 1996 in collaboration with the State Government of Kerala, was the 5th IIM to be established.

The Institute conducts a full range of academic activities in the field of management education covering research, teaching, and training, consulting and intellectual infrastructure development. The Institute emphasises development of analytical skills and a focus on global and cross-cultural issues with a balance between business demands and social concerns.[1]

History

Indian Institute of Management Kozhikode (IIMK) was instituted in 1996 by the Government of India as the fifth Indian Institute of Management in collaboration with the Government of the state of Kerala. In 1997, the first batch of 42 students in the Post Graduate Program (PGP), equivalent to MBA, commenced at the temporary campus at the National Institute of Technology Calicut. In 2000, the site of the present campus at Kunnamangalam was identified. The following year, Joseph Stein (also the architect of the India Habitat Centre in Delhi) and Stein Mani Chowla Architects began the design and construction of the institute. In 2003, IIM Kozhikode moved into its hill-top campus. The then President of India, APJ Abdul Kalam and the then Chief Minister of Kerala, Mr. A.K. Antony, inaugurated the campus.

Interactive Distance Learning, an online management education programme for working executives, was introduced in 2001-02. IIM Kozhikode was the first institute in Asia[2] to offer a distance learning programme in management for working executives. Having started with 300 class contact hrs in 2001-02, the year-long Executive Management Education Programme is today the richest available in the country having 450 class contact hours. Management Development Programme was also introduced the same year.[2] The institute increased the number of students in PGP to 180 in 2005.In the batch of 2013 the intake is around 361 for PGP. IIMK started its doctoral programme, Fellow Program in Management (FPM) in 2007.[3] The intake of women in the PGP course was pro-actively increased to 30% from batch of 2010-12 to improve the number of women in management roles in India.[2][4] In 2010, IIMK signed a memorandum of understanding with Yale University to establish a Center of Excellence for Academic Leadership as part of Singh-Obama Knowledge Initiative.[5]

IIMK Kochi Campus was set up in August 2012.

Campus

Aerial view of IIM Kozhikode campus

The main campus is located in Kunnamangalam, a sub-urban area of Kozhikode (previously known as Calicut), Kerala. Kozhikode is the second largest city in Kerala. The campus is spread across two hills which are part of the Western Ghats. Besides classrooms, the campus also has residential facilities for students, faculty and visitors. The campus houses 13 hostels to house around 800 students who are required to stay on campus. Set up over 100 acres of land, the campus relies on rain water harvesting as its primary source of water.[6]

Library and Information Center

IIM Kozhikode hosts a fully automated Library & Information Center (LIC) which is one of the Centers of Development of Digital Libraries in the world.[7] The institute coordinated the South Asia Support Network for Greenstone Digital Library Software at the request of UNESCO and suggested the idea of IIM Library Consortium Movement.[2] The library provides services as an institutional archive.[8] A balanced programme on the development of the collection of hard copy, audio/video, CD-ROM, and other electronic forms of documents is being followed.

Indian Business Museum

IIM Kozhikode embarked on a programme to create a Museum of Indian Business History in 2010 which is believed to be the first of its kind.[9] The museum will feature the contributions of India’s business leaders, the history of trade, commerce, business and industries in India. The first phase was completed with a budget of Rs. 1.5 crore. The museum spanning 23000 sq. ft. features a large model of the Uru, an ancient ship which was used for trade and commerce between Indian and the rest of the world, and pavilions by Indian companies like Tata, Godrej, Reliance, State Bank of India and Infosys.[9] The Reserve Bank of India gallery of the museum was inaugurated in 2012 by D. Subbarao, the then governor of Reserve Bank of India.

Kochi Campus

IIM Kozhikode opened a satellite campus in Kochi in June 2012 to enhance the institute's offerings in Executive Education, especially full-time and part-time programmes targeted at middle and senior level executives.[10] The campus is based in Athulya Complex at InfoPark in Kochi.

The campus currently offers a two-year executive management programme, which is accredited by Association of MBAs (AMBA), in addition to short and long-term management development programmes.The first batch of the two year executive management programme commenced in April 2013.[11]

Pre-Budget Panel Discussion

IIM Kozhikode’s Kochi campus conducted a pre-union budget panel discussion on ‘Second Generation Reforms’ at the campus in Infopark on 20th Feb 2015.[12] The event was live streamed on internet.[13]

Admission

The institute's current full-time student body consists of 720 graduate students and 38 doctoral students.[14] The admissions to PGP course is based on the Common Admission Test (CAT) conducted by the IIMs for admission to graduate programs in management at thirteen campuses. CAT is considered by test-takers as one of the most competitive exams in the world, with a success rate of about one in hundred.[15][16] In 2015, around 2.1 lakh students enrolled for CAT to get admission to the IIMs.[17]

49.5% seats in IIM Kozhikode are caste-based reserved quotas according to affirmative action policy of Government of India.[18] 15% of the admitted students must be of the Scheduled Castes, and 7.5% of seats are reserved for Scheduled Tribes. The Other Backward Classes belonging to the "non-creamy layer" have been provided with 27% reservation since 2008 with the consent of the Supreme Court of India. 3% seats are reserved for Persons with Disability (PWD or DA). The reserved category students are admitted based on the CAT score using relaxed admissions criteria.

The institute also uses group discussions, essays and personal interviews to evaluate the students shortlisted based on CAT scores. In 2013, for shortlisting candidates for group discussion/essay/personal interview, IIMK used an index computed with 50 percent weight for the CAT-2012 score, 15 percent weight for academic performance in secondary school, 15 percent weight for academic performance in higher secondary school, 15 percent weight for academic performance in undergraduate level and 5 percent weight for being a female (to ensure gender diversity).[19] For FPM admissions, candidates with CAT, GMAT or GATE scores are eligible.[20] In 2013, the PGP course of IIM Kozhikode had 54 percent girls, up from 28 percent in the previous academic year.[21]

Rankings

Institute rankings
Medical - India
Business – India
Business Today[22] 6
Hindustan Times[23] 7
CNBC-TV18[24] 6
Careers 360 (Magazine)[25] 8

IIMK was ranked #7 by the Hindustan Times India's top 50 business schools of 2012,[23] #6 by the 2012 edition of CNBC-TV18's Top B-Schools in India,[24] #6 by the Business Today 50 best business schools of 2012,[22]#7 by the 2013 Pagalguy rankings,[26] it is ranked #5 in Top 10 B-Schools in India by India Today.[27] and ranked #8 by Careers 360 (Magazine)'s Top Public B-Schools in India in 2015.[25]

Academic Programmes

IIM Kozhikode, like all IIMs, is an autonomous institution under Ministry of Human Resources Development, Government of India. The institute is free to design its own curriculum and recruit faculty members. In April 2011, Union Minister Kapil Sibal announced that the government is mulling enhancement of the autonomy of IIMs by allowing them to select the director and the chairman of Board of Directors.[28] The PGP (Postgraduate Programme) and the ePGP (Executive Postgraduate Programme) courses have been granted international accreditation by the Association of MBAs (AMBA).[29] IIM Kozhikode charges tuition fees of Rs. 13,00,000 for the two year PGP programme. Merit scholarships are awarded by the Institute to students on the basis of their grades during one academic year. Scholarships are also offered by trusts like Sir Ratan Tata Trust, HCIL, O.P Jindal Group etc.[18]

Post Graduate Programme in Management

The two-year Post-graduate Programme in Management, equivalent to an MBA, is the flagship education program which aims to prepare young graduates for senior-level positions in industry. The institute stresses on a rigorous evaluation system and "learning to learn" approach through self-study, group work, open-ended discussions and real-life projects. The institute has also emphasized greater importance for social awareness and claims to distinguish itself from other IIMs in offering greater freedom to students in their intellectual pursuits.[30] IIM Kozhikode is committed to give back to the society. In this regard, students are required to successfully complete 'Social Development Project (SDP)' wherein they propose solutions to key issues being faced by the society. Like all IIMs, IIM Kozhikode awards diplomas, not degrees.[31]

Fellow Programme in Management

The FPM program is a full-time, residential PhD program in the field of management. Students spend first two years doing coursework which provides fundamental knowledge in the field of management. Upon completion of their coursework, students take a comprehensive exam, and pass on to candidacy where they work on their dissertation. The program is selective, admitting 5-10 students per year. The management faculty provides individual attention to the enrolled PhD students to enable them to publish one or more research papers before graduation. The FPM program is primarily dedicated to training students for research positions in well-known universities and corporations.

Executive Post Graduate Programme

Executive Post Graduate Programme offers a two-year post graduate diploma programme in management and one year post graduate certification programmes in General Management, Operations, Marketing, Finance, Strategy, IT and Human Resources. These programmes are aimed at working professionals with a minimum five years of experience. EPGP diploma programme have an interesting mix of student from different backgrounds with varied experience levels.[32]

Social Development Initiatives

IIM Kozhikode incubated and mentors CREST (formerly Centre of Excellence - IIMK), an autonomous organization under the Government of Kerala, where youth from the marginalized sections of society are imparted training to make them intellectually and emotionally capable of joining reputed companies and educational institutions.[33] The CREST functions as the Kerala Chapter of the Indian Council of Social Science Research (ICSSR).

IIM Kozhikode, through its Social Service Group, provides academic and project expertise to the 'Promoting Regional Schools to International Standards through Multiple Intervention' (PRISM) project, an initiative to improve the infrastructure and overall environment of government schools in Kerala. The project aims at academic development and infrastructure upgrade of Government Schools and is supported by several private stakeholders.[34][35]

International Exchange

IIM Kozhikode's International Exchange Programme endeavors to work with partner institutions to develop activities that foster trusting, enduring and mutually beneficial scholarly and social engagements between students, faculty members, staff and the broader community in countries across the globe. IIM Kozhikode offers student exchange programmes with European Business School, Germany; Copenhagen Business School, ESCP-EAP Paris; Bocconi University, Jonkoping International Business School, Leipzig Graduate School of Management, Leeds University Business School, University of Queensland, BEM - Bordeaux Management School, Euromed Management, IESEG School of Management, Rouen Business School, Reims Management School, EDHEC Business School (Ecole des Hautes Etudes Commerciales du Nord), ESSCA Angers and Norwegian School of Economics & Business Administration.[2]

Research

Research projects are funded either through IIMK's 'Small Grant Research Project' scheme, by external sources such as the Ministry of Human Resources Development, Government of India, Government of Kerala or through collaborations with foreign universities/research institutes. Fifteen externally sponsored research projects and 40 small grant research projects including the development of cases have been completed during 1997-2007. During the academic year 2006-2007, eighteen journal articles, five book chapters, five edited books, one book, fifteen working papers and three case studies were published.[36]

Student Life

The students of PGP and FPM programmes are required to reside on campus. Residential facilities in the campus include 13 student hostels and faculty guest houses. Roobaroo is a cultural event conducted every year during the induction of the new batch to acclimate students with IIMK culture and to build a good on-campus community.[37] The apex student body of the campus is Students' Council (popularly known as 'StudCon') which is an elected committee of 6 students each from the first and second year batches of PGP course. Students Council facilitates elections to the other student committees in campus.[38] The office of Students' Affairs of the Indian Institute of Management Kozhikode (IIMK) serves in the best interests of the Institute and promotes the welfare of the students. It work for upholding the highest principles of morality, justice, equality, liberty and fraternity.[39]

If we talk about campus recruitment then 'Offer in hand; out of the process’ has been the norm at the IIM Kozhikode placements so far. As per this provision, students are allowed to choose a dream company before the start of the placements. Those who have received pre-placement offers (PPOs) are not eligible for the dream offer provision.[40]

Backwaters, the annual management fest,[41] Echoes,the annual intercollegiate cultural event,[42] E-Summit, the annual entrepreneur meet and Horizons - the annual management conclave are a few major events organized by the student body. Nostalgia is the annual on-campus alumni meet which has been conducted since 2004.[43] Sangram is an annual sports meet with IIM Bangalore with each institute hosting the event in alternate years.[44] Sangam is the annual alumni meet of IIM Kozikode and is organized in several cities in India and abroad.[45]

Calicut Marathon Executive Committee of IIM Kozhikode has organized mini-marathon runs in Kozhikode annually since 2010 to raise funds for social causes.[46] The In 2012 and 2013, the Calicut Mini Marathon was organized in association with Government of Kerala to promote the cause of women empowerment and solid waste management respectively.[47]

Besides student committees, the institute also has student interest groups for various fields of management like marketing, finance, consulting and hobby clubs for on-campus radio, photography, music, dance, theatre etc. The institute also offers placement guidance for students and organizes placement processes for the Summer Internship and outgoing batch.[48]

IIM K wrapped up their 2015 summer placement process for PGP. More than 100 recruiters offered various roles to 349 students.[49]

People

IIMK students, typically known as "Komrades", typically number 360 students in two batches with women making up about 40% of the total student community.[2] Engineering graduates constitute around 70-80% of the student community.[50] The average incoming student for PGP course has 15 months of full-time work experience.[51] The most popular career industries for graduates are finance(33%) and marketing/operations(27%).[48] The average age of participants for the Executive MBA programme is around 30 years with average work experience of 7.5 years and a minimum experience of five years.[52]

The institute employs 48 full-time faculty members in economics, finance and accounting, managerial communication, general management, organizational behaviour and human resources, quantitative methods and operations management, information technology and systems and strategic management departments.[2] Professor Kulbhushan Balooni is the current director of IIM Kozhikode.

References

  1. ↑ "IIM-K will teach ethics, not greed: Debashis Chatterjee, Director, IIM Kozhikode". The Times Of India. 2010-12-21.
  2. 1 2 3 4 5 6 7 http://www.iimk.ac.in/publications/IIMKnewsletter/2010vol4.pdf
  3. ↑ http://www.mbaentrance.com/institute/indian-institute-of-management-iim-kozhikode
  4. ↑ "No quota, yet IIM-Kozhikode admits 33% women". The Times Of India. 2010-05-13.
  5. ↑ http://www.business-standard.com/india/news/iimk-yale-in-tie-up-for-leadership-programme/413308/
  6. ↑ http://www.indiatogether.org/2005/jun/env-iimkozhl.htm
  7. ↑ IIMK Library Portal
  8. ↑ IIMK Dspace
  9. 1 2 http://www.thehindu.com/features/education/college-and-university/museum-of-business-history/article2621783.ece
  10. ↑ http://www.iimk.ac.in/kochi/
  11. ↑ staellite campus in Kochi
  12. ↑ "Pre-union Budget Discussion at IIMK". The New Indian Express. Retrieved 2016-01-18.
  13. ↑ "Budget 2015: IIM Kozhikode's panel discussion stresses on importance of reforms". timesofindia-economictimes. Retrieved 2016-01-18.
  14. ↑ http://www.iimk.ac.in/academics/fpm/studentsprofile.php?selbatch=1
  15. ↑ http://inhome.rediff.com/money/2008/aug/07iim.htm
  16. ↑ http://www.successcds.net/mbaentranceexam/CAT/Common-Admission-Test.htm
  17. ↑ "2.1 lakh enrol for CAT 2015, marking a 6-year-high - Times of India". The Times of India. Retrieved 2016-03-12.
  18. 1 2 http://www.iimk.ac.in/pgp/domesticadmission2010.php
  19. ↑ http://www.iimk.ac.in/pgp/adminpolicyfinal.pdf
  20. ↑ http://www.iimk.ac.in/fpm/fpm_admissionprocess.php
  21. ↑ http://www.business-standard.com/article/management/are-too-many-engineers-making-iims-parochial-114050800208_1.html
  22. 1 2 "The 50 best business schools". Business Today. 28 October 2012. Retrieved 28 October 2012.
  23. 1 2 "India's top 50 business schools" (jpg). Hindustan Times. 30 August 2011. Retrieved 26 December 2011.
  24. 1 2 "Top B-Schools in India". CNBC-TV18. 12 January 2012. Retrieved 13 February 2012.
  25. 1 2 "Top Business Colleges in India 2015". Careers 360 (Magazine).
  26. ↑ http://pagalguy.com/rankings/
  27. ↑ http://indiatoday.intoday.in/education/story/top-b-schools-in-india/1/459392.html
  28. ↑ http://www.rediff.com/business/slide-show/slide-show-1-finally-iims-to-get-autonomy/20110404.htm
  29. ↑ "IIM-K courses get global recognition". The Hindu. 2011-02-12.
  30. ↑ http://www.rediff.com/getahead/slide-show/slide-show-1-achievers-iim-a-and-c-role-models-no-more-iim-k-director-debashis-chatterjee/20110506.htm
  31. ↑ IIMs give diplomas not degrees
  32. ↑ https://www.iimk.ac.in/academics/epgp/about.php#2
  33. ↑ http://crestcalicut.com/about_us.php
  34. ↑ http://www.thehindu.com/todays-paper/tp-national/tp-kerala/prism-project-for-upgrade-of-schools/article4293140.ece
  35. ↑ http://timesofindia.indiatimes.com/city/mumbai/Upgraded-facilities-will-attract-more-students-towards-government-schools/articleshow/27994206.cms
  36. ↑ http://www.iimk.ac.in/research/research.php
  37. ↑ http://iimklive.com/extra-curriculars/extracurricular/life-at-iimk-does-not-stop-with-academics.html
  38. ↑ http://iimklive.com/studcon/about/the-students-council-105-242.html
  39. ↑ "Students' Affairs".
  40. ↑ "IIM Kozhikode student grabs Rs. 43 lakh global offer".
  41. ↑ http://blog.iimklive.com/?tag=iimk-backwaters
  42. ↑ http://blog.iimklive.com/?p=307
  43. ↑ http://alumni.iimklive.com/index.php?option=com_content&task=view&id=65&Itemid=1
  44. ↑ http://blog.iimklive.com/?p=90
  45. ↑ "IIM-K holds alumni meet". 1 June 2012.
  46. ↑ "Mini marathon with a major cause". The Hindu. 2011-02-07.
  47. ↑ http://timesofindia.indiatimes.com/city/kozhikode/Hundreds-run-in-Calicut-mini-marathon/articleshow/18665082.cms?referral=PM
  48. 1 2 http://www.iimk.ac.in/placement/finalplacement2011.php
  49. ↑ "IIM Kozhikode completes summer placements; BCG gives top stipend of Rs 3 lakh". "economictimes.indiatimes.com". October 2015.
  50. ↑ http://www.mbauniverse.com/article/id/3209/
  51. ↑ http://www.iimk.ac.in/pgp/pgp14.php
  52. ↑ http://www.hindustantimes.com/hteducation/chunk-ht-ui-hteducationsectionpage-otherstories/induction-ceremony-for-first-batch-of-epgp-students-at-iimk-kochi-campus/article1-1039748.aspx

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