Year 1963: A proposal by Dr. M.K.Chaudhuri to set
up an institute under the name of "Institute for Planning and
Administration of National Economy" was forwarded to Pt. Jawahar Lal
Nehru, the then Prime Minister and Chairman, Planning Commission,
Government of India. The institute was committed to cutting edge
research and education on economics, entrepreneurship and management. A
study tour was undertaken by Dr. M.K.Chaudhuri during 1964-65 to acquire
first hand knowledge about the working of similar institutions in
Europe. A working paper on Regional Planning was circulated to leading
academicians under the name of "Indian Institute of Planning" in 1969.
Year 1973: The founder Director resigned from professorship of Indian Institute of Management, Bangalore (IIM-B) and established IIPM in New Delhi. The first residential full-time post graduate diploma programme commenced on 12th August, 1974, with students selected through admission tests-cum-inter views held in Delhi, Kolkata, Bombay and Bangalore.
Year 2006: IIPM has grown to become the world's largest business school with 5000 postgraduate management students in nine campuses across seven of India's largest cities, with placement offices in San Francisco, New York, London, Dubai and Singapore.
Year 1973: The founder Director resigned from professorship of Indian Institute of Management, Bangalore (IIM-B) and established IIPM in New Delhi. The first residential full-time post graduate diploma programme commenced on 12th August, 1974, with students selected through admission tests-cum-inter views held in Delhi, Kolkata, Bombay and Bangalore.
Year 2006: IIPM has grown to become the world's largest business school with 5000 postgraduate management students in nine campuses across seven of India's largest cities, with placement offices in San Francisco, New York, London, Dubai and Singapore.
Dr. M. K.Chaudhuri
Research Professor & Founder Director
BA Honours (Economics), Presidency College, Kolkata
Msc, Ph.D, D.Sc, Berlin School of Economics
Malay Chaudhuri studied in Presidency College, Kolkata and in The Berlin School of Economics. He did his MSc in National Economic Planning and management. He was awarded 'excellent' and is a co-record holder.
His Ph.D thesis was on the 'Role of small-scale, village and cottage industries for solution of the unemployment problem in India'. His D.Sc thesis was on 'reform plans of the international monetary system'.
He worked in private sector organizations like Hindustan Lever, Kuljian Corporation and WS Atkins. He also worked in City and Industrial Development Corporation (CIDCO)- a public sector organization.
Before founding IIPM, he was Senior Fellow, Indian Institute of Advanced Study, Shimla. He was also Professor of Economics at XLRI,Jamshedpur and IIM,Bangalore. His book Theory of Economic Justice - Production of skills by means of skills, deals with the measurement of contribution of each individual to the process of production and thereby seeks to answer the question of just reward for an individuals' contribution.
He believes that integrating the concepts that emerge from IIPM's national economic planning research would create barefoot managers, committed to eradicating poverty. His second book, The Great Indian Dream, outlines a series of steps that the Government of India must undertake to allocate resources towards this end.
Research Professor & Founder Director
BA Honours (Economics), Presidency College, Kolkata
Msc, Ph.D, D.Sc, Berlin School of Economics
Malay Chaudhuri studied in Presidency College, Kolkata and in The Berlin School of Economics. He did his MSc in National Economic Planning and management. He was awarded 'excellent' and is a co-record holder.
His Ph.D thesis was on the 'Role of small-scale, village and cottage industries for solution of the unemployment problem in India'. His D.Sc thesis was on 'reform plans of the international monetary system'.
He worked in private sector organizations like Hindustan Lever, Kuljian Corporation and WS Atkins. He also worked in City and Industrial Development Corporation (CIDCO)- a public sector organization.
Before founding IIPM, he was Senior Fellow, Indian Institute of Advanced Study, Shimla. He was also Professor of Economics at XLRI,Jamshedpur and IIM,Bangalore. His book Theory of Economic Justice - Production of skills by means of skills, deals with the measurement of contribution of each individual to the process of production and thereby seeks to answer the question of just reward for an individuals' contribution.
He believes that integrating the concepts that emerge from IIPM's national economic planning research would create barefoot managers, committed to eradicating poverty. His second book, The Great Indian Dream, outlines a series of steps that the Government of India must undertake to allocate resources towards this end.
Programmes
Why IIPM courses are superior to MBA
IIPM has so far claimed the superiority of its Entrepreneur-ship program neither by the size of its campus, nor by the entry level salary of its pass-outs, but by its qualitatively superior and intellectually stimulating academic program. The IIPM course is a 22 month, 1944 hour course which includes in depth studies of national economic processes and ways to regulate its parameters to achieve higher growth rate of GDP ensuring higher growth of market segments within the national economy as well as higher growth of income of all sections of the people, including those who are below the poverty line.
The importance of including studies in national economic planning processes can be explained with an example of natural science. At one level of knowledge it appeared that the Sun revolves around the Earth. At a higher level of knowledge it was discovered that the Earth rotates around its axis and also revolves around the Sun. Similarly, present MBA course structure concentrating only on market segments by individual profit making units. This fails to explain the potentiality of market expansion through distributive justice. Potentiality of business is always in harmony with growth rate of national economy. That is why business expands much more rapidly in China compared with expansion of business seen in India in the past. Knowledge of national economic planning potentiality will encourage the owners of capital to demand collectively the raising of living standards of the people at the bottom.
IIPM’s Entrepreneurship program is superior to standard MBA programs as it also develops certain entrepreneurial qualities in program participants. These helps to remove aversion to calculated risk taking, imbued with ambition beyond normal career growth. Personal ambition in tune with social vision makes an entrepreneur reach out beyond boundaries again and again. Work remains no work, but hobby. Failures are looked upon as inevitable intermediate stages to success.
The IIPM programme further includes a compulsory specialisation in Marketing- wherein all the 20 plus papers of Marketing are compulsory for all students. Additionally students chose another elective like Finance or H.R. etc. This stems from the firm conviction that IIPM holds that BUSINESS IS MARKETING. This has also resulted in IIPM bringing out the best selling magazine 4Ps Business & Marketing- which has the same punch line i.e. Business is Marketing.
What perhaps is the most difficult part of the IIPM programme to be explained in words is the tremendous change in personality and life on the whole the IIPM course brings about thanks to its special focus on Executive Communication which is a 4 credit per trimester course running throughout the course duration. As a part of this course students typically have to participate compulsorily in more than 40 competitive debates and extempores under the eagle eyes of IIPMs world-class communication faculty members. The end result is a supremely confident and extremely smart personality which can speak from any public platform fearlessly.
IIPM also offers a unique Global Opportunity and Threat Analysis (GOTA) program, through which students are taken abroad for a period of 10-20 days, wherein the students get to attend lecture sessions at leading academic institutions and organisations like World Trade Organisation, United Nations, World Bank, Credit Suisse, Nestle, etc. This allows them to widen their horizon in understanding various forces of globalisation through experiential learning.
Further, under the Global Outreach Program, IIPM invites distinguished faculties from leading global institutions like Harvard, Wharton, Columbia, Chicago, Yale, London School of Economics, Oxford, Cambridge, IMD Lausanne, INSEAD, etc., to come down to India to interact with IIPM students. All this put together make the IIPM course better than any other course of a similar nature in India.
Selection Process
E-PAT ..The real test of management Aptitude:
IIPMs Admission test E-PAT (Entrepreneurship & Planning Admission Test) is based upon a written test, group discussion and inter view. Unlike CAT, IIPM’s admission test E-PAT is based more on parameters pertaining to EQ ( Emotional Quotient) and overall personality mapping since it has been globally obser ved that high IQ often takes a backseat to high EQ when it comes to Entrepreneurship, Management and dealing with human beings. Thus, the total scores of the written test, group discussion and personal inter view are compiled together to compose the final score. Success in E-PAT is more likely to make you a better future leader than success in any other examination focused primarily on IQ. E-PAT is conducted throughout India in more than 15 centres.
Two-Year Full-Time Programme
Admission to the Two-Year Programme in National Economic Planning and Entrepreneurship is open to applicants who have completed 10 +1/2 School System with 2/3 /4 years’ education in colleges/institutes in any discipline. Candidates with mathematics at Higher Secondary Level are preferred.
Three Year Full Time Programme
Admission to the Three-Year Programme in National Economic Planning and Industrial Entrepreneurship is open to applicants who have completed 10 +1/2 School System. Candidates with mathematics at Higher Secondary Level are preferred.
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Take a print out of this application form and send the completed application form with required DD, drawn in the name of 'IIPM' payable at New Delhi to our All India Corporate Office address given below through Courier or Speed Post/ Registered post. For further queries you can call us on 011-41799993-5.
IIPM Corporate Office
B-11, Level-5
Qutab Institutional Area
New Delhi-110016
INDIA
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