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Indian Institute of Management Bangalore

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Indian Institute of Management Bangalore(IIM BangaloreorIIMB) is a reputedbusiness schooland anInstitute of National Importancelocated inBangalore,Karnataka,India.Founded in 1973, it was chronologically the third in the first generation ofIIMsto be established, afterIIM CalcuttaandIIM Ahmedabad,[5]thereby forming the elite Indian B-School trio colloquially known as 'ABC', or 'IIM A/B/C'.

Indian Institute of Management Bangalore
Bhāratīya Prabaṃdha Saṃsthāna Bangalore(Hindi-IAST)
IIMB Logo
Other name
IIMB or IIM Bangalore
MottoTejasvi nāvadhītamastu(Sanskrit-IAST/ISO 15919)
t̪eːɟəsvi nɑːvəd̪ʰiːt̪əməst̪u(IPA)
Motto in English
"Let our study be enlightening"
TypeBusiness School(INI)
Established1973;51 years ago(1973)
AccreditationEQUIS
AffiliationAutonomous
Endowment₹80.8 crore(US$9.7 million) (2023)[1]
Budget₹217.5 crore(US$26 million) (2023)[1]
ChairpersonDr. Devi Prasad Shetty[2]
VisitorPresident of India
DirectorRishikesha T. Krishnan[3]
Academic staff
109[4]
Address
Bannerghatta Road
,
Bengaluru
,
Karnataka
,
560076
,
India

12°53′43″N77°36′5″E/ 12.89528°N 77.60139°E/12.89528; 77.60139
CampusUrban,105 acres (42 ha)
LanguageEnglish
ColoursRed
Websitewww.iimb.ac.in

IIMB was established by the Government of India (GoI) as an institute of excellence[6]for education, training, research, and consulting in the field of management, and allied areas of knowledge. The Indian government called on IIMB to assist and mentor the two newly established IIMs during their inception period -IIM Trichyin 2011,[7]andIIM Visakhapatnamin 2015.[8]

IIMB offersbachelor's,master's,PG diploma,PG certificatefellowship,anddoctoralprogrammes inbusiness administration,business analytics,digital business,entrepreneurship,management,public policy,administration,andcorporate governance.The institute also offersExecutive Educationprogrammes for corporates, entrepreneurs, government officials, and non-profit organisations. The two-yearMBAin general management is the flagship and most coveted programme of the institute.

History

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Founding

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In 1972, a committee headed byRavi J. Matthai,first director ofIIM Ahmedabadand co-founder ofIRMA,noting the rising demand for graduates of the first two IIMs (namely,IIMCandIIMA), recommended the need to have two more IIMs.[9][10]The new IIM was to be set up atBangalore,and for the proposed institute, theGovernment of Karnatakaoffered 105 acres (42 ha) of land (free of cost), and a contribution of INR 3 million (~US$ 390,000 in 1972). Ultimately, on 27 March 1972, theIIMB Societywas officially registered in Bangalore under the Mysore Societies' Registration Act.

The prominent Indian bankerT.A. Pai,the Ex-Chairman[11]ofSyndicate BankandLife Insurance Corporation,accepted to be the firstChairpersonof the IIMBBoard of Governors,andN.S. Iyer Ramaswamy,the then director ofNITIE Mumbai,was appointed as the firstDirectorof the institute. The institute was inaugurated byIndira Gandhi,the thenPrime Minister of India,on 28 October 1973 at theRavindra Kalakshetrain Bangalore. And, though it was not a legally-binding mandate from the Indian government, the first director tried to mold IIMB to cater to the needs ofgovt-owned entitieslikePSUs/PSEs,utility corporations,etc. due to his own left-leaning persuasions.[12][13]

Early years

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The institute started operations in the campus ofSt. Joseph's College of Commerce,and some other buildings rented on the Langford Road in the city.[14]The institute's first activity was a three-day conference in 1973, on urban development and management, which invited officials from allmunicipal corporationsin Karnataka. Thereafter, IIMB started conductingManagement Development Programmes(MDPs) and Organisation Based Programmes (OBPs) for public (govt.) sectors like power, irrigation, health, etc.[15]

The first PG management course (calledPGP) started in 1974, and the first doctoral course (calledFPM) started in 1976. The institute held its firstconvocationon 10 July 1976 with a total of 48 graduating students, and on the same day the board also announced the appointment ofarchitectsfor designing the officialcampus.[16]On 27 November 1978, the 'Guddalipooja' (groundbreaking) ceremony of the campus on Bannerghatta Road was performed. In 1979, the institute started separate sections for sector-wise PGP courses, and in 1980 the first fellowship diploma (FPM) was awarded.[17]IIMB moved operations to its own campus in 1983.

Crisis and reforms

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The government sectors and entities did not show interest in IIMB's initiatives, and even by 1980s, the institute could only get marginal success. Moreover, the employee union had co-opted external political leadership unconcerned with the institute's vision leading to severe dysfunction, and then resignation of the Director in mid-1983.[15]Thereafter, for two years IIMB had no permanent Director, and further stagnated. The faculty was also split into 'sectoral' and 'business management' wings which had severe disagreements with each other.[12]Thus, the institute encountered a period of serious crisis, administratively, and identity-wise.

Finally, Joe Philip was appointed by the board on the 15 April 1985 with a clear mandate to bring back discipline and morale to the institute. He had previously worked asVP(HR) atThe Oberoi Group,and had experience in dealing with manpower issues.[18]He believed inManagement by objectives(MBO), and under his charge, IIMB also started shifting away from its 'state-corp' focus. During his tenure PGP courses were redesigned, student intakes increased, faculty workloads modified, and performance assessments formalised. The sector-wise sections were also discontinued by 1986. The almost-dead FPM course was resuscitated by changing it from being sector-focussed to business management areas.[12]He was also instrumental in IIMB partnership with the European CommissionEFMDto initiate the faculty development programme in 1988-89.[16]Importantly, in August 1990, he was also able to wrest control of the Director's office from the union's illegal occupation after more than six years.[19]

Growth

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Dr. K.R.S. Murthy was appointed the Director on 11 February 1991 and remained till 28 February 1997. His tenure coincided with theeconomic liberalisation in India,and is mainly credited for driving the institute towards excellence.[20]The PGP curriculum was further revised in 1991-92 to align it with global MBA programs. For manufacturing industries, a Management Program for Technologists (MPT) was started for mid-level engineers in 1992, along with another short-term program for senior executives in collaboration withMIT Sloan.[13]IIMB became the first Indian B-School to have internet on campus (viaERNET) in December 1995, within four months of national internet launch.[16]

In 1996, the management iconDr. Henry Mintzbergselected IIM Bangalore over other Indian B-Schools as one of the five international founding-members of the IMPM Consortium.[21]In 1998, theDoPT (GoI),in partnership withUNDP,selected IIMB to setup aCentre for Public Policy(CPP) which ultimately came up in July 2000.[22]The institute got considerable endowment from an alumnus in 1999 to power-up the NSRCEL incubation centre.[23]

The reforms and developments brought a successful turnaround, and wider recognition.[24]In 2000, theBusiness Todaymagazine ranked IIMB the 1st in India in theirBT-Cosmode Top 100 B-Schoolssurvey.[25][26]In 2003,The Wall Street Journalincluded IIMB among the top-100 B-Schools globally,[27]in the unranked list ofNext 50 B-Schools.India's key IT entity,NASSCOM,selected IIMB in 2005 for theBest India IT User Awardin the education category.[28]As of 2024, IIM Bangalore was the only Indian B-School inGNAM,an international collaboration convened by theYale School of Management.[29][30][31]

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The officialmottoof the institute is theSanskritphraseतेजस्वि नावधीतमस्तु,and was adopted in the session 1991-92. It is pronounced as[t̪eːɟəsvinɑːvəd̪ʰiːt̪əməst̪u]as per theIPAphonetic transcription;and isromanised(withdiacritics) astejasvi nāvadhītamastuas per theIAST,ALA-LC,[32]UNRSGN,andISO 15919standards, or astejasvi naavdhiitamastuas per theASCIIschemes ofITRANSandVelthuisboth. It is a SanskritShlokaextracted from theShanti Mantrainvocated in theTaittiriya Upanishad,and theKatha Upanishad,two of the constituent texts of theYajurveda.The motto translates to "Let our study be enlightening".[33]

Commemorative Postal Cover with the Golden Jubilee Logo

The IIMB's officiallogois a depiction of the top-half of a blazing sun with stylised rays prominently emanating from it. The image is in the style of a negative space picture with intense red colour in the background of rays (as half-disc), while the sun, rays, and other space in logo are in white colour (or empty). The text 'IIMB' is written in black (in asans-seriffont) in the centre of the depicted sun, and the Sanskrit motto is written in black (inDevanagariscript) below the sun. It was designed by theNational Institute of Design,and has been in use since 1994.[34]Thehueof the red colour used in the logo is also used as thede factoofficial colour of IIMB for all practical purposes, often matched with white, grey, or black.

A celebratory logo for short-term special-use was designed by the institute to commemorate the 50-yearanniversaryof its establishment.[35]It was released on the 28 December 2022, before the beginning of Golden Jubilee celebrations scheduled in the academic session 2023-24.[36]It was used for specific purposes and events marking the semicentennial occasion, like thespecial postal coverreleased by theIndia Post,[37]and theGolden JubileeWeekevents from 26 to 29 October 2023.[38]

Campus

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Main Entrance of IIMB campus

IIMB's main campus is located on theBannerghatta RoadinBilekahallisuburb in the southern part of themetro-cityof Bangalore. It occupies an area of around 105 acres, and has a non-urban feel with ample greenery. As of 2024, IIMB was setting up a 110 acres-large second campus 20 km away nearJigani,in the city's periphery, inAnekalTaluka of theBangalore Urban district.[39]

The campus is accessible by private or public transport from anywhere in the city via bike, car, taxi, or bus. A nearby bus-stop named 'IIMB' is served adequately by theBMTC,and is 13 km from the centralKempegowda (Majestic) Bus Stationwhich offers intra-city, inter-city, and inter-state bus services. The campus is ~13 km fromKSR City Junction,~13 km fromCantt. Railway Station,and ~44 km fromKempegowda International Airport.An 'IIMB' namedmetro stationon theNamma Metro'sPink Lineis planned to be launched in September 2025 (with 'Phase-I' as per 2024-Q2 updates on the project).[40]

Architecture

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One of the high ceiling hallways

The design of IIMB campus was led by the famous architectB.V. Doshi,FRIBA,the 2018Pritzker Architecture Prizelaureate,RIBA2022Royal Gold Medalrecipient andPadma Bhushanawardee. He had worked with[41]the pioneeringSwiss-FrencharchitectLe CorbusierinParis,and had also later assisted[42]the renownedEstonian-AmericanarchitectLouis Kahn,FRIBAin designing IIMA buildings. He had also founded and designed[43]the renownedSchool of Architecturein 1966. His firm, the erstwhileM/s Stein, Doshi, & Bhalla,aided byM/sKanvinde& Rai,was commissioned to design[44]the campus of the newly established institute. The design was inspired[45]by the 16th-century historic city ofFatehpur SikrinearAgra,and the 13th-centuryMeenakshi TempleinMadurai,along with the lush gardens of Bangalore, also known as theGarden City of India.The first director, N.S. Ramaswamy, had asked Doshi to create a campus to reflect the ethos of the Bangalore city - "green and alive [sic] ".[46]

Central Pergola
L-Square in Hostel Blocks

LightandEnvironmentwere the cornerstones of thepoly-nucleardesign concept, a hybrid of Indian traditional architecture and principles ofTeam 10modernists. The notable architectural elements include the multi-storeys-high passageways,trellises,openquadrangleswith ample area for greenery, sunlight streaming in through thepergolas,semi-open corridors, geometrical roofs, rough texturefinish,andKota-stoneflooring.[47]An interplay of walls-n-openings, lights-n-shadows, and solids-n-voids changes the character of the main building during different times of the day, and during different seasons.[48]The 54,000 sq-m original complex is built in combination of hand-chippedgranitestonemasonry,and exposedconcrete.The campus design began in 1977, and the construction of buildings was finished in 1983. The greening effort started later in 1991, and by the 2020s the campus had a green cover of 62 acres with around 30,000 trees,[49]and 50+ ground re-charge wells.[50]Subsequent newer buildings, like the 6,500 sq-mNew Classroom Complex,were designed by Sanjay Mohe and P.N. Medappa ofMindspace Architects.[51][52][53]

The IIMB campus design has won accolades over the years. The'T' (Style Magazine)ofThe New York Timesranked IIMB campus 17th in their list ofThe 25 Most Significant Works of Post War Architecture.[54]WhenDezeenasked the thirteen leading Indian architecture firms to list their favourite building, the IIMB campus was the only building on the list to be chosen by two of them, calling it "the most influential piece of (Indian)modern architecture".[55]The famousarchitectural historianand criticWilliam J.R. Curtislabelled the IIMB campus as a "model" for educational institutions.[56]The institutional project also finds mention in the citation of the 2018 Pritzker Architecture Prize for Doshi.[57]TheArchitectural Digest Indiaincluded IIMB in the list of6 Educational Institutions in India with Exceptional Architecture.[58]The famousGQ (India)magazine ranked it #2 in the list of7 Most Beautiful Universities and Scenic Campuses.[59]

Management Development Centre

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TheMDCis a separate building that offers specific facilities to fulfill theexecutive-education (Exec.Ed.)and corporate-oriented needs of the institute. It offers rooms and halls for seminars, conferences, presentations, interactive sessions, etc. It also has accommodation for corporate-executives, a dining hall with kitchen, a gym, and open space for events. Another New MDC (NMDC) block on the IIMB's second campus at Jigani was inaugurated by theVice President of Indiaon 1 March 2023.[60]

Library

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View of Library from Amphitheatre

The IIMB library is a four-level 55,000 sq-ft floor-area building abutting the academic block. Apart from direct access to the IIMB community, the library also provides membership-based services to individuals, professionals, organizations, corporations, and academic institutions, with preferential treatment to the institute's alumni.[61]

It is well-stocked and timely updated with 163,000+ printed books, 9000+journals(incl.e-journals), 20+ newspapers (in six languages), and 42,000+issuesofperiodicals,predominantly in business and management areas.[62]It also offers 3500+eBooks,1400+audio-visualresources, web-basedOPACcatalogue,remote-accessfacility, andUnion Catalogueof the IIM Libraries Consortium.[63]

Computer Centre

The library provides access to information services like theEBSCOBusiness Service,JSTOR,ScienceDirect,ProQuest,Web of Science,Nexis Uni,Dow JonesFactiva,OECD iLibrary,Frost & Sullivan,Gartner,UNIDO,CMIE,WTOiLibrary,EuromonitorPassport, etc. It also hasE-ShodhSindhu(eSS) Consortium's various subscriptions[64]likeJ-Gate Plus (JCCC),Project Muse,OxfordJournals,ISIDDatabase,NDLIeBooks/Archive,CaPD-PDS software(underShodhShuddhi[65]programme), etc.

The library also houses aLibrary Data Centrewith specially set-up computer systems to fulfill the electronic-data needs of the institute. It provides access to 110+e-Databases,and professionaldata serviceslike theBloomberg Terminal,RefinitivEikon,ThomsonSDC-M&A,LSEGD&A Datastream,Statista,NielsenIQ,CEIC, etc.

Administration

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Governance structure

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IIM Bangalore is legally an educational society with elevated privileges of a body corporate as defined in theIIM Act, 2017.Furthermore, theIIM (Amendment) Act, 2023accorded the status ofVisitor(ex officio) to thePresident of India.[66]TheBoard of Governorsis the primary executive body of IIMB, while theCoordination Forumis a single body for all IIMs to communicate with the Indian government. IIMB is administered by the following structure:

  • Visitor
    • Board of Governors, and Chairperson
      • Director of IIM
        • Academic Council
        • Audit Committee
        • Deans(all functions)

Organisation structure

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The institute is operationally headed by theDirectorwho acts as the chief executive officer. The Director is assisted by several officials as follows:

Academics

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Entrance to the Academic Block

IIM Bangalore is an autonomous institute of higher learning in management. It does not officially need an affiliation to a university, and also does not require institute-level or course-level accreditation from government bodies like theNAACor theNBA.Though, it has been internationally accredited by theEFMD EQUISsince 2010.[67]TheIIM Act (2017)made IIMB anInstitute of National Importance,and empowered it to award degrees instead of just diplomas. Thereafter, in March 2018, IIM Bangalore became the first IIM to award anMBA degreeto its passing-out students.[68]

Degree Programmes

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IIM Bangalore offers five degree-granting programmes in total, including the five-year full-time doctoral programme (called 'FPM') for aPh.D.The three full-time MBA programmes are: the two-year flagship MBA (called 'PGP'), the one-year full-time EMBA/Executive MBA (EPGP), and the two-year specialised MBA in Business Analytics (PGPBA). The fifth is the part-time (weekend) MBA programme (PGPEM) for working professionals.

Other programmes

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The full-time programme in Public Policy (PGPPM) leads to a PG Diploma, while the NSR Pre-Doc programme prepares students for a PhD, and grants a PG Certificate on completion. In 2024, an online undergraduate programme forBBAin Digital Business and Entrepreneurship (BBA DBE) was also launched.[69][70]

In 2019, the institute signed anMoUwith theMSDE (GoI)to train 'Fellows' for a PG Certificate in Public Policy and Management under the Phase-I (pilot) of theMahatma Gandhi National Fellowshipprogramme[71]as part of theWorld BankfundedSANKALP[72]scheme. The 'Fellows' would go on to work with theDistrict Administrationin 69 districts across 6 states. In 2021, this program was scaled up[73]in Phase-II to cover all Indian districts, and involved eight other IIMs with IIMB as the anchoring institute.

Executive education

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The institute offers globally-acclaimed[74]Executive Education(Exec.Ed.) programmes for the needs of private corporations, government officials, entrepreneurs, and non-profit organisations. The programmes cover all areas of management for all levels of functionaries, whether early-in-career managers, or middle-management, or CXOs and senior leadership. The wide-range provides ample flexibility in:

  • Duration (short ones of 3-6 days, or long ones of 15 days)
  • Schedule (different start-dates round the year)
  • Content (default-readymade, or customised on request)
  • Delivery modes (in-person, online, hybrid, or blended)

Reputation and rankings

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Institute rankings
Business – international
QS(MBA) (2024)[75]48
QS(MBA-Asia) (2024)[76]8
QS(EMBA) (2024)[77]41
QS(EMBA-Asian) (2024)[78]8
Financial Times(MBA) (2024)[79]47
Financial Times(MiM) (2022)[80]31
Business/Management – India
NIRF(2024)[81]2
Business Today(2023)[82]3
Outlook India(2024)[83]2

IIMB was stuck with the 'PSU' image till the late 1980s, since it was initially steered as an indigenousIndian Licence Rajera effort to serve the government entities. This was in contrast toIIMCandIIMAwhich were setup in the early 1960s as full-fledged management institutes with active collaboration from the prestigious American B-Schools likeMIT Sloan[84]andHBS[85]respectively. However, the aforementioned transformation efforts (starting 1985) improved the institute's standing, and by 2000s, IIMB was competing for the top spot among B-Schools in India.

Worldwide, theFinancial Timeshas ranked the MBA program at 47th in the Global MBA Ranking 2024.[79]They also ranked the PGPM program 31st in the world in the Top 100 Masters in Management 2022 list.[80]Quacquarelli Symondsranked the IIMB 48th in the world and 8th in Asia in theQS World University RankingsGlobal MBA Rankings 2024.[75][76]The institute also was ranked 41st in the world and 8th in Asia in the QS Global Executive MBA Rankings 2024.[77][78]French SMBG'sEduniversalranked IIMB the best B-School inCentral Asiaregion (incl. Indian subcontinent),[86]and one of the only two with5 Palms of Excellence.[87]Business platormLinkedInranked IIMB 27th in its Top MBA Programs 2024 list.[88]InExec.Ed.,theFinancial Timesranks IIMB 59th in open category (AMPs,etc), and 48th in custom category.[89][90]

In India, IIM Bangalore was ranked 2nd among management institutes by theNIRFin 2024.[81]It was ranked third byBusiness Todaymagazine in their India's Best B-Schools yearly ranking in 2023.[82]Outlook Indiaplaced it at 2nd position in their Outlook-ICARE India’s Best Public B-School 2024 rankings.[83]TheFortune Indiamagazine ranked it third in their Best B-Schools overall ranking in 2023.[91]

Research

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The founding vision of IIMB emphasised equal focus on imparting education, and conducting research in all functional areas of management and management studies. Therefore, manyCentres of Excellence,official researchInitiatives,and international research partnerships have been established. AResearchandPublication(R&P) Committeeis in-charge of operational affairs of all research at the institute.

There are elevenCentres of Excellence,six in management areas, and five in special areas. They are: Centre forCapital MarketsandRisk Management(CCMRM), Centre forCorporate GovernanceandSustainability(CCGS), Centre for Management Communication (CenComm),Supply Chain ManagementCentre (SCMC), Centre for Software and IT Management (CSITM), Centre for Entrepreneurial Learning (NSRCEL), Centre forPublic Policy(CPP), Centre forDigital Public Goods(CDPG), Centre for Teaching and Learning (CTL),MizuhoIndia-Japan Study Centre (MIJSC), and Israel Centre. Among these, theCenCommandCPPare centres with full-time faculty. The CCGS was among the first to be accredited as aNational Centre of Excellenceby the National Foundation for Corporate Governance (NFCG).[92]A global centre of excellence forprivate equityandventure capitalis also in the works, to be named afterHamilton E. "Tony" James.[93][94][95]

The four contemporary research initiatives are:Behavioral SciencesLab (BSL), Initiatives onConsumer Insights(ICI), Data Centre andAnalyticsLab (DCAL), andReal EstateResearch Initiative (RERI).[96]International B-Schools partnering in research projects are:Ivey Western (CA),SMU (Singapore),UBC Sauder (CA),andDeakin University (AU).[97][98][99]Collaborative research projects have been done with the likes ofKing's College London.[100]

Journal: IIMB Management Review

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IIMB Management Review(IMR), launched in 1986, is the quarterly-published official journal of IIM Bangalore.[101]It invites manuscripts online, and has a special emphasis onpapersthat focus on emerging economies. It is produced and hosted byElsevier,and since 2022 the IMR is a 'Gold'Open Accessjournal available atScienceDirect.[102]The IMR hasprintISSN0970-3896, and online e-ISSN 2212-4446.

IMR is apeer-reviewedacademic journal, and follows a double-blind review process. All submitted papers go through a preliminary review at theeditorial desk,and appropriate ones are sent to an Associate Editor. On the latter's recommendation, the article may be rejected or assigned to two reviewers.

IMR Doctoral Conference

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TheIMR Doctoral Conference(IMRDC) is a premieracademic conferencefor doctoral researchers inmanagement scienceandassociated disciplines.The first conference was held on 27 November 2009, and is now organised annually by theIMRDC Secretariat,which consists of members from theIMR(IIMB journal), and the institute'sResearch & Publication (R&P) Committee.It openly invites doctoral students in management research from across India and international colleges.[103]

Entrepreneurship: NSRCEL

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NSRCEL Entrance in IIMB

In 1999-00,Mr. Nadathur S. Raghavan,theCo-Founderand then Joint Managing Director ofInfosys Technologies,in association with Global Internet Ventures, donated a generous amount of INR 130 million[104]to aid the activities of the thenCentre for Entrepreneurial Studiesat IIMB. Thus, theNS Raghavan Centre for Entrepreneurial Learning(NSRCEL) had its inception in December 1999 to serve as theinnovationandentrepreneurialhub of IIMB.[105]It operates out of the 18,000 sq-ft[106]NSR-GIV Centrebuilding in the IIMB campus, and acts as a not-for-profitincubatorfor new business ventures as well as social causes.[107]In 2017,NITI Aayogselected NSRCEL as a recipient of INR 100 million as scale-up and upgrade support over a period of two years.[108]

NSRCEL in NSR-GIV Centre

NSRCEL organises its flagship entrepreneurial conferenceSummitUpevery year. It was started in 2021, and aims to bring together government officials, industry representatives, academia, entrepreneurs, and other ecosystem members.[109]Apart from general mentoring, NSRCEL caters to differing needs by offering special funds and customised programs depending on: stage of venture, product category, founder demographic, tech-focus, etc. In late 2023, aCampus Foundersprogramme was started to directly assist the college-based start-ups across India.[110]Many of these programs are/were in partnership[111]with organisations likeMaruti Suzuki,Capgemini,Alstom,Texas Instruments,Infineon Technologies,FICCI,Pernod Ricard (India),DailyRounds,SIDBI,Kotak Mahindra Bank,etc.[112][113]

In January 2018, NSRCEL, aided byGoldman SachsandDST (GoI),launched theWomen Start-up Programme(WSP), India's first customised program for female entrepreneurs, after a successful pilot launched in November 2016.[114][115]It included a five-week online MOOC, and two on-campus boot-camps for selected candidates in collaboration with partner institutes, followed by incubation and funding.[116][117]In late 2018, Goldman Sachs built on WSP to expand[118]their (since 2008)[119]initiative10,000 Womenin India,and in 2023, theGS 10KWalumni were further offered theFinance For Growthprogram to help them raise capital.[120][121]TheNational Commission for Womenpartnered with the India SME Forum and NSRCEL in 2021 to launch a fully-sponsored programme called theEmpowering Women Through Entrepreneurshipfor giving management lessons to 5,000 budding women entrepreneurs.[122]TheGovernment of Karnatakacollaborated with IIMB in 2023 to launch theSwavalambaneprogramme[123]to train rural women entrepreneurs under theNational Rural Livelihood Missionfunded by theWorld Bank.

IIMBx

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IIMBxis thedigital learning initiativeof IIM Bangalore, launched with the aim to create a repository of digital courseware in management for international learners. Apart from offering online courses on third-party private and government platforms, IIMB also developed IIMBx's own in-house digital platform based onOpen edX.[124]

In 2014, IIMB became the first B-School in India[125]to offerMassive Open Online Courses(MOOCs) in partnership withedX– a not-for-profit online initiative ofHarvardandMIT.MOOCs can be taken as individual courses, or as multi-course bundled programs, the latter leading to either the renownedMicroMasterscertification or the IIMBProfessional certification.Apart from edX and IIMBx, in 2017, the courses were also offered on the Government of India'sSWAYAMplatform where IIMB was appointed as theNational Coordinator[126]for management.

The institute's courses are also used to educate Indian civil servants via theiGOT-Karmayogie-learning platform[127]of the govt-owned non-profitSPVKarmayogi Bharat.The latter was established in 2022[128]for implementing a key pillar of theNational Programme for Civil Services Capacity Building (NPCSCB) - Mission Karmayogi[129]of theDoP&T (GoI).In 2021, IIMBx also facilitated the IIMB partnership withNCWand India SME Forum to provide the six-weeks MOOC-basedDo Your Ventureprogram to five thousand aspiring women entrepreneurs.[130][131]

Career Assistance

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TheCareer Development Servicesunit, calledCDS,is responsible for providing career starting and advancement services to the students of IIMB. It aids in the making of resumes, and their subsequent verification. It coordinates with firms and organisations, and helps in conducting parts of hiring process for internships and jobs. ThePlacement Committee(PlaceCom) works under the CDS, the latter being headed by a Chairperson.

Student life

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Apart from the academic curriculum, and seats on the aforementionedAcademic CouncilandPlacement Committee,the IIMB students can participate in many extra-curricular activities and events organised by several officially identified bodies. They have student-members, and are primarily run by students themselves with minimum interference from the institute. These student-bodies are divided into clubs, mini-clubs, local-chapters, and societies. All of them are ultimately governed by an apex body called theStudents Affairs Council.

The most coveted clubs responsible for major events are:Forum for Industrial Interaction(FII),Cultural Committee(CulCom),Sports Council,andEntrepreneurship & Innovation Cell(EnI). There is also a local-club ofToastmasters International(calledFocal), a local-chapter ofSPIC MACAYsociety, and opportunities inShARE/DWDG.The other student-bodies can be categories based on their primary function:

  • clubs/mini-clubs to explore specific area of management (consulting, finance, etc.)
  • cells/committees assisting institute work (audit, alumni affairs, etc.)
  • clubs/mini-clubs to pursue personal interests/hobbies (dramatics, adventure, etc.)
  • clubs/mini-clubs handling contemporary issues (environment, social initiatives, etc.)

Business events

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FII annually organisesVista,the international business summit hosted by IIM Bangalore. The three-day conclave brings together leaders from various fields of management and firms from multiple industries to a platform that lets students learn from professionals through events, competitions and case studies.Vistaalso incorporates guest speaker sessions, having previously invitedDevi Shetty,Mukesh Ambani,Prahlad Kakkar,Kumar Mangalam Birla,Kamal Haasan,Kiran Mazumdar Shaw,Gurucharan Das,Santosh Hegde,Arun Shourie,Gul Panag,M J Akbar,Nandita Das,Narain Karthikeyan,andShobhaa De.[132][133]

The annual entrepreneurship summitEximiusis organized by EnI Cell of IIM Bangalore. It invites entrepreneurs to showcase their products and ventures to a willing audience, among other things. The event has hosted several eminent speakers includingShashi Tharoor,Kiran Mazumdar-Shaw,Piyush Pandey,Mallika Sarabhai,Kris Gopalakrishnan,Kiran Bedi,Rashmi Bansal,Shaheen Mistri,Harish Hande,andD R Mehta.[134]

IIMB'sWomen In Management(WIM) club annually organises theWomen Leadership Summit.It seeks to build women-inclusive mind-set in students, entrepreneurs, and corporates. The event makes use of interactions with successful female personalities likeVinita Bali,Malavika Harita,Sneha Priya, Lakshmi Ishwar, Wilma Rodrigues, Nirmala Sankaran, Neeta Revankar, Dr. Gita Sen, Gauri Jayaram, Sanjaya Sharma, etc.[135][136][137]

Cultural events

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Main articles:UnmaadandYamini (music festival)

The annual cultural festival of IIM Bangalore is calledUnmaad.The three-day event draws participants from across India. Unmaad features performances in music, drama, and dance, apart from events like quizzes, debates, street plays, professional concerts, fashion shows, etc. The event has hosted performances by prominent artistes includingFarhan Akhtar,Shankar–Ehsaan–Loy,[138]KK,Kailash Kher,Lucky Ali,Strings,Jethro Tull,[139]Indian Ocean, etc.

Curved amphitheatre for events

The dusk-to-dawn eventYaminiis a full-night Indian classical music festival held annually inBangalore.It is organized by the 'Society for the Promotion of Indian Classical Music & Culture Amongst Youth' (SPIC MACAY), and is hosted at IIMB campus.[140][141][142]

Sports events

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TheSports Councilorganises several intra-college & inter-college events, and other activities round the year.Sangharshis the annual inter-IIM competitive sports event with participation from IIMA, IIMB, IIMC, and IIML. It is hosted by one of the four IIMs.[143]Sangramis an annual inter-college sports competition among IIMs of southern India (Bangalore, Trichy, Vizag, and Kozhikode).[144][145]

Alumni

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Main article:List of IIM Bangalore alumni

Alumni Association

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IIMB Alumni Association(IIMBAA) is the official association for all the alumni of IIM Bangalore. As of 2024, IIMBAA had ~15 chapters in India and around the world. An annual gathering event calledAnusmaran(in Sanskrit, meaning 'reminiscence') is organised by all chapters for the alumni to meet their fellows, and relive their old memories.[146]LSquare,named on the social-spot in the old hostel blocks, is the official alumni e-newsletter.[147]Other events include 'The CEO Conclave', 'Leadership InsideOut', and many chapter-level offline or online networking opportunities.

IIMBue and IIMBueX

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IIMBue: The IIMBAA Leadership Conclaveis the annual leadership summit organized by the alumni. It strives to bring thought-leaders, change-makers, and influencers of the time to interact with IIMB alumni.IIMBueXis the digital form of IIMBue launched in 2021.[148]

IIMB Alumni Club

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In 2023, IIMBAA launched theIIMB Alumni Clubbased in the historic lush-green premises of theheritageluxury hotelTajWest End.The club is a 12,000 sq-ft of exclusive physical space in the landmark 20-acre 5-star hotel on the Race Course Road in the western part of theBangalore Central Business District.It is operated by theIIMBAA Professional Development Society,and managed by a 9-member committee.

There are three kinds of memberships available - Life, Term, and Corporate, with the first being officially restricted to only the IIMB alumni. It offers acafe,an open-air bar-n-restaurant, and on-demand banquet facilities for professional as well personal use of members.[149]

Further reading

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  • N. Balasubramanian (Ed.),Management Perspectives: Essays on Managerial Priorities and Management Education(Silver Jubilee Volume), Macmillan India, 1999;ISBN978-0-3339-3289-6,Ramaswamy's Essay URL.
  • K. Kumar, N. Bringi Dev, Usha K.R. (Eds.),The Evolution of IIMB: Directors' Perspectives,IIM Bangalore (Self-published), 2019;ISBN978-8-1942-4250-5,IIMB eBook URL.
  • Kiran Keswani,The Making of a Campus: IIM Bangalore,El Croquis (UK) and Altrim (India), 2023;ISBN978-8-4126-2226-3.[150][151]
  • Karthikeyan S, Priya Venkatesh, Dr. G. Shainesh,Exploring Nature: Flora and Fauna of IIM Bangalore,Altrim, 2024;ISBN978-8-4126-2228-7.[152][153]

See also

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