Tamil Nadu gets an IIM
The institute, to be inaugurated on June 15, would have a total of 60 students in the first batch, both boys and girls.
Tiruchirappalli: A new IIM will open
here next month with total student strength of 60 students.
Infrastructure is in place and 12 faculty members have
been chosen after stringent selection parameters and 27
students have already being chosen, Dr Prafulla Agnihotri,
Director of IIM-T said.
The institute, to be inaugurated on June 15, would
have a total of 60 students in the first batch, both boys and
Agnihotri said the faculty would be in the institute
for start of the first batch of its Post Graduate programme on
Finance and Accounting, Marketing, Strategic Management,
Operation and Qualitative Analysis, HR and Organisational
Behaviour, Management Information System.
Though the board had sanctioned recruitment of 20
members, Agnihotri said he plans to have another four or five.
On the fee structure, he said it would cost Rs 10 lakh
for the two-year programme, which includes tuition fee, course
materials, basic books and case study books.
"The fee is reasonable compared to other new IIMs in
the country. But IIM-T will not break even in the first year.
Besides the tuition fee, students may have to pay Rs 25,000
for advance mess bill and caution deposit of Rs 15,000," he
The IIM will temporarily function from the National
Institute of Technology campus here.
Agnihotri said he was committed to make IIM-T among
the top 10 B-Schools in India in five years and hoped to
introduce fellowship programmes in 2012-13.
He said he had roped in more than 30 leading
corporates, including MNCs, who would provide eight-week
summer training programme to students at the end of the first
IIM-T has also initiated successful dialogue with
leading B-Schools in Europe and USA and planned to hold talks
with B-Schools in Singapore and Australia for student and
faculty exchange programmes, he said.
The institute was also getting ready to launch
orientation programme and satellite-based programme class and
online programme for working executives, he said.