Bangalore: Indian Institute of Management
Bangalore (IIM-B) has decided to refund fees for any student
who chooses to work for any not-for-profit organisation for
three years on a pro-rata basis.
Stating this at the 35th annual convocation, IIMB
director Pankaj Chandra said this special programme has been
developed this year for students who desire to work for the
not-for-profit sectors. "As committed to the government, we
will fulfill OBC quota in the coming academic year," he said.
Chandra said IIM-B has constituted a committee under the
chairmanship of Prof C Manohar Reddy to review all aspects of
the PG programme to enhance the quality of the programme and
place it on par with best in the world. Stating that IIM-B is
strongly committed to the philosophy that no student would be
denied an opportunity to pursue the PG programme in management
for want of financial resources, he said it has provided
financial aid amounting to about Rs 4.38 crore to 136 students
during 2009-10.
Delivering the director`s report, he said 100 companies
participated in the recruitment process. Despite the effects
of the economic slowdown last year, a total of 330 offers were
made by participating companies. This includes 24 overseas
posting offered by 11 companies. He said construction of 300
hostel rooms, 24 faculty houses is in progress and work on a
state-of-the-art classroom complex would begin soon.
-PTI
