Lesson from IIM-K: Set up new IIMs near industry
The newly built airport is very impressive, much better and spacious than the one in Delhi
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There's one thing I can't resist to agree "Had the government set up a resort there instead of an IIM, it would have been an instant success." Thanks to Indian government for setting up an IIM at such place and then thanks to IIMK for giving me an opportunity to sit here and write this comment from the comfort of my room while the view of natural beauty is accessible from the window and door opens up plenty of opportunities.
I can talk about many things what may be subjective (but those things really matter) and a person sitting in Delhi can easily ignore them thinking that I'm talking about them as I like this place as a student and hence I'm bound to appreciate it.
So, lets talk about facts, datas and numbers,
A) Average CAT score of IIMK students is above 99 %ile (A very conservative data for general category intake to be on safer side) which is more than any non-IIM.
B) The average work experience of 190 strong student community is more than 2 years. 90% students have worked for various industrial sectors. (Again more than any non-IIM)
C) A data from the article- About 70% of the faculty pool consists of visiting faculty. Now they have 27 permanent faculty members.
Two observations on that:
i) Visiting faculty = 63. I think its a good number.
ii) IIMK has 360 students and 27 faculty members (Lets consider them only for a moment). Student faculty ratio is less than 14. And that's good for a management institute. Visiting faculty takes this ratio southward to an extent that IIMK stands proudly with its peers, leaving non-IIMs far behind again.
The faculty is alumni of IIMs, IITs and the best ranked institutes of India & abroad.
D) Lets talk about moolah. IIMK was 4th in terms of average salary, which is below only its three peers IIM-A, B & C. 75% of students were placed for more that 10 lacs PA. Please visit www.iimk.ac.in for more details.
This was a comparison on the basis student quality, faculty quality and qualtity and placement scenario.
Vishal