We are evolving a strong vision statement for IIML

Written by Kirtika Suneja | Updated: Nov 28 2011, 06:51am hrs
Dr Devi Singh, the director of IIM Lucknow (IIML), is a busy man these days, as he is also playing the role of mentor-director of the new IIM at Kashipur (Uttarakhand) after playing the same role for IIM Rohtak earlier. Seated in his office at IIML, he tells Kirtika Suneja of the Financial Express that hand-holding the new IIMs couldnt have happened without the support of his students and faculty. Hence, the priority for IIML is to have a powerful vision statement for the next 10 years, with a special focus on faculty development. Excerpts:

What will be IIM Lucknows priority once you hand over IIM Kashipurs charge to its director

Mentoring the IIMs at Rohtak and Kashipur has been a fulfilling experience as these new institutes would take management level to new heights. Once I hand over the charge of the latter to its director, we would evolve a powerful vision statement for IIML, and I am already engaged in this exercise. We have a mission statement at present that talks about sustainability but the vision statement would be for a long time-frame of 10 years. We want to be globally recognised, and the Association of MBAs (AMBA) accreditation that we have got will help in achieving this goal and forging partnerships with foreign institutes.

What all will the vision statement include

The AMBA accreditation is a five-year accreditation and, as part of our vision, we plan to get many more recognitions in the future, as it reflects the capability of the institute to impact the society. The long-term, 10-year vision would be composed of one-year, short-term targets.

In fact, we are also evolving a performance management system where the academic contribution of the faculty would be awarded.

What about increasing the student and faculty strength Will there be a change in the fresher-lateral ratio when it comes to admissions

At present, we have six sections, having 70-plus students each, and we will add one section next year that will take the student strength to 460. We are also expanding our PhD programme. As for the faculty, the number would be increased to 100 from the current 85. Of this, around 25 would be for our Noida campus. We are also setting up a National Faculty Development Centre at the Noida campus because the faculty need to be trained, especially those coming from the corporate background. Freshers comprise 10-15% of the total batch size and this will be continued in future also so as to maintain a healthy balance between them.

Would this also entail an increase in fee

We increased the fee to R12 lakh this year and, as a principle, we revise it every two years.

You recently tied up with Kelley School of Business at Indiana University. What next in terms of collaborations

The tie-up with Kelley is for extensive research and student & faculty exchange programmes. Our immediate concern is to get foreign students and we are looking at more partnerships. We will spend R20 crore in setting up a world-class hostel for our international students next year.

A few other IIMs are keen on setting up offshore campuses. Does IIML also plan something similar

A few universities in the US have offered to set-up campuses jointly with us but we are not looking at any foreign campuses now. Although the government has no objection to IIMs going abroad but we are not keen on this, as of now.