Second campus for IIT Madras; what about an IIM, Chennai?
On a related note, the Hindu also carries an article on a second campus for the IIT Madras. IIT Madras Director, MS Ananth, addressing a seminar, revealed the plans for a second campus, for which the State Government is being approached. He estimated that they would require about 200 acres for the second campus. I was horrified to note that they had planned to set up the second campus in another state, but were turned down by the Central Government. In addition to the many engineering colleges, it is centres of excellence like the IITs (even if a large percentage of their students do go abroad) that set the standard, and add to the talent pool and capabilities of the city and the state, attracting the best of faculty and students from far and near. So the State Government should go all out to ensure that appropriate land is identified for the second campus for the IIT.
The State Government should go a step further and approach the Centre for an Indian Institute of Management in Chennai. I think that’s the only piece of higher education missing from Chennai’s supremacy when it comes to educational institutions. While we do have the Great Lakes Institute of Management, I think an IIM in Chennai will really make a vast difference to the development of management education, research and practice in this city. The more such educational, management and innovation centres we nurture, the more vibrant our local economy will become, and the more competitive we will be -both in India and the world.
Would’ve been a delight for me personally, but the 7th IIM is coming in Shillong (which I opposed heavily http://govar.blogspot.com/2005/09/confirmed-next-iim-in-shillong.html ) and the next two IIMs are being planned over in Hyderabad and Pune.
If you take out the selfish part of me, it would make the most sense to have the 7th IIM in Hyderabad. AP, being a big state, and a decently developed one, lacks both an IIT and an IIM, which is injustice. There’s anyway IIM Bangalore that’s close to Chennai.
IIM need to change their admission criteria if they wish to be globally recognised, not of our IIMs is listed in the top 100 b schools complied by FT. a chinese school managed to break into the top 25. rather than wasting time opening 2 more IIMS, we should look at improving the schools. the Pay scales mean nothing. a $50,000 pa translates to roughly 25 lakh, which is a lot in indian money but pittance in US terms, thats what the IIMs are gettin now. its sad state of affairs, globally IIMs are no where.