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The Indian Institute of Planning and Management

Motto	What we teach today, others adopt tomorrow
Type	Private Unaccredited
Dean	Arindam Chaudhuri (Honorary Dean)
Director	Dr. Malayendra Kisor Chaudhuri
Undergraduates	600
Postgraduates	4500
Location	New Delhi, Delhi, India
Campus	New Delhi
Website	IIPM.edu

The Indian Institute of Planning and Management (IIPM) is a business school headquartered in New Delhi, with 18 branches across India. Founded in 1973, the institute offers undergraduate and postgraduate programmes in National Economic Planning and Entrepreneurship, as well as international and fellowship programmes. The programmes offered by the institute are not accredited by AICTE, a regulating body for technical education in India. According to the institute, its courses do not come under the purview of AIU, AICTE, UGC and similar government-established regulatory bodies. IIPM provides certificates for its students, making them eligible to apply for BBA or MBA degrees through the International Management Institute in Belgium. IIPM has been the subject of objections and investigations regarding accreditation, rankings in third party publications, advertising claims, trade practices, and tax issues.

History

The institute was started in 1973 in the state of New Delhi, India "with the aim of initiating training and research on problems of development for realising planned national objectives". According to the institute, its "first residential full-time post graduate diploma program" started in the year 1974 after selection tests were conducted in Delhi, Kolkata, Mumbai and Bangalore. Currently, the institute has 18 branches across India, including in Gurgaon, Noida, Bangalore, Chennai, Ahmedabad, Kolkata, Chandigarh, Hyderabad, Pune, Lucknow, Indore, Bhubaneshwar, Bhopal, Jaipur, Dehradun, and Cochin.

The Founding Director of IIPM is Dr. M. K. Chaudhuri, and the Honorary Dean is Arindam Chaudhuri.

Facilities and faculty

IIPM has two campuses in New Delhi, and branches in Mumbai, Chennai, Ahmedabad, Bangalore, Pune, Gurgaon andHyderabad. The campus' infrastructure includes classrooms, teaching aids, libraries, electronic libraries, IT equipment like Wi-Fi and laptops, and leisure equipment like gymnasiums and swimming pools. The available facilities vary for each branch of IIPM. It has over 10,000 books in the Delhi libraries, with access to several other libraries such as theBritish Council and American Library through sharing agreements.

About 20% of its faculty have a doctoral degree. According to the Financial Times, "the teaching faculty on Indian campuses would not pass muster at any globally recognised school." Financial Times also reports that IIPM has been successful in getting "many top international professors to teach in India." Unlike most other business schools, the school has built up its teaching faculty in India by recruiting its own graduating MBA students. The students also experience interaction with foreign university professors who are brought by the institute to India as a part of their global initiative.

Arindam Chaudhuri, is Honorary Dean of the institute. The regular faculty of the institute comprises alumni of IIPM, as well as visiting professors.

The institute is a member of CEEMAN (Central and East European Management Development Association), which is a global network of business schools in formerly communist countries and developing nations. CEEMAN organises courses, seminars and conferences for educators. In 2003, the institute co-organised AIDS seminars withUNDP.

Academics

Offered programmes

According to the institute, it offers programs under two streams:

• International programs
• Programs under the School of Business and Economy

According to the institute, its programs, under the above mentioned two streams, are as follows -

• A 2-year full time Postgraduate Programme in Planning and Entrepreneurship
• A 3-year full-time Undergraduate Programme in Planning and Entrepreneurship
• A 1-year full time Postgraduate Programme in Planning and Entrepreneurship (open only for working executives with at least two years of past work experience)
• Fellowship programme, open for post-graduates.

Certification

Under the first three streams mentioned above, the institute offers certificate courses aimed at making students eligible for degree courses like MBA and BBA.

Courses

In the first year, core subjects such as Marketing, Accounting, Finance, Economics and Organizational Behavior are covered. In the second year, the Marketing and IT papers are compulsory, and students pick a major in Human Resource or Finance. The institute also teaches courses like "Beyond the principles of management and economics", in which graduate and post-graduate students, according to the institute, "are taught concepts like survival of the weakest, the law of increasing marginal utility, apart from the age old concepts of survival of the fittest in the market economy and law of diminishing marginal utility." The postgraduate program has 1920 contact hours. The institute tries to give its students a "hands on" approach to learning, by giving them the exposure of working on live consulting assignments in firms like Reliance Infocomm and Nike, among others.

GOTA programme

All students of IIPM are sent on a 21-day compulsory trip to European countries to study the Global Opportunities and Threat Analysis (GOTA) programme. The GOTA programme attempts to arrange visits of IIPM students to multinational firms and political organisations. The GOTA programme has included visits to Nestle and Credit Suisse, among others.

Relationships with other educational institutions

Students who complete the certificate courses become eligible to apply for MBA/BBA degrees from the International Management Institute (IMI) Belgium, an unaccredited autonomous institution. IMI awards degrees to the institute's students as IMI has recognised the course structure of the institute. The alliance also enables the institute's students to visit IMI as part of student exchange programmes for one semester. It has also been reported that extending the tie-up, IMI will also now confer its PhD awards to the institutes fellows.

In 2008, professors from National University of Singapore, Singapore conducted a seven week course at the institute on Investment Banking for the top hundred students from IIPM. In 2009, Nanyang Technological University sent some students students to IIPM for a four week course for an overview of the Indian culture and Indian economy. In 2006, it was reported that IIPM collaborated with Stanford University's Centre for Professional Development organised a strategy workshop in New Delhi. However, Stanford has stated "Neither the Stanford Graduate School of Business nor the office of Stanford Executive Education has ties of any kind with IIPM." In 2009, Judge Business School, University of Cambridge, Darden Graduate School of Business Administration, University of Virginia and Haas School of Business hosted IIPM's non-credit Executive Education program participants and conducted sessions for them.

Accreditation

The school's programmes are not accredited by Indian regulatory bodies such as AICTE and UGC which also stated, prior to a court settlement in June 2008, that the institute was not authorised to operate as a university in India. Prior to the settlement, the fine print at the bottom of advertisements of IIPM stated that the institute does not come under the purview of the UGC or AICTE. The acting Chairman of UGC Prof V N Rajshekharan Pillai in 2005 argued that the advertisements can be "misleading".

According to the institute, it has not sought de jure recognition from any statutory body or accrediting authority. In October 2005, the University Grants Commission (and the AICTE later on) raised objections over IIPM offering technical degrees. The institute clarified that it never offered the MBA, BBA degrees. These are offered by IMI, Belgium, an unaccredited business school. As of January 2007, the online prospectus mentioned awarding of MBA and BBA degrees. According to the institute, it is an academically independent and autonomous body, without affiliation to any university; and as per the institute, its programmes do not fall under the purview of AIU, AICTE, UGC and similar government-established regulatory bodies.

Nevertheless, UGC and AICTE declared IIPM to be a fake university not permitted to confer MBA and BBA degrees; IIPM filed a lawsuit in response. In June 2008, UGC and IIPM reached an agreement in the Delhi High Court, with UGC agreeing to remove IIPM's name from the fake universities list, and IIPM agreeing to clarify that it offers only "certificate courses".

The University of Buckingham has announced the signing of a Memorandum of Understanding with the institute, mentioning that the University of Buckingham is working together with the institute "towards the final accreditation of IIPM's BBA and MBA programmes."

Ranking

The institute states that "Rankings don't matter" and it has "strong reservations on the methodology applied by most of the magazines to rank b-schools". A ranking of business schools released by Outlook in 2003 ranked the institute 4 on Industry Interface, 7 on Industry Interface and 8 on Extra Curricular Activities. But the magazine later in 2005 issued a notice withdrawing the rankings saying the institute misguides students through unethical practises and does not disclose facts truthfully.

The 2008 Zee Business Best B-School Survey ranked IIPM 7 overall, 1 in Global Exposure, 15 in Infrastructural Facilities, 9 in Course Content, and 9 in Placements. The 2009 Zee Business Best B-School Survey ranked IIPM 5 overall. The India Today group's Mail Today 2009 ranking of institutes offering full time, two year management programme in Delhi/ NCR gave IIPM the top rank in "quality of faculty", "placement of the past three batches" and "the global exposure offered during the programme".

Job placement

According to the institute, only 70 percent of its students opt for the placement process, and that almost all of these 70 percent students get jobs through it. It has been reported that the Indian Institute of Planning and Management invites companies to the campus, but also offers placements at its sister concern, Planman Consulting." . In 2007, according to IIPM's placement cell, its students got placed in over 200 companies. In 2008, IIPM placed 2,670 students through campus placements. It was reported to be a record. In the same year, there were 165 international placements, reported to be "second only to the best in the country". In the same year, Maheshwar Peri claimed in an opinion column in Outlook magazine that "students are placed at Planman, a sister concern, at higher salaries meant to jack up placement ratios and dumped/sacked within two months." B. Mahesh Sarma reported in a Career360 article that three companies - Standard Chartered, Barclays and Deutsche Bank - which are mentioned in IIPM advertisements as participants in campus placement, said that although they might have a few freshers of the institute working for them, they have never participated in the institute's campus recruitment process. IIPM has seven international placement offices. B. Mahesh Sarma profiled a sample of jobs that it said students get abroad in places like the gulf countries; in the article, Mahesh requests the reader to make his/her own judgement on the international jobs offered.

In June 2009, Mail Today, an India Today group publication reported that the institute got jobs for 2,300 out of 4,000 students with 750 companies participating, and 46 international placements. The results of another 100 campus interviews were awaited at the time of the article going to press, the magazine reported. The average annual pay package was INR 420,000.

Notable Alumni

• Saurav Kumar Ghosh, a young entrepreneur profiled by the World Bank.

Controversies

Claims in IIPM's Advertisements

In 2005, Arjun Ravi, in an article in Just Another Magazine (a fun and satire magazine), questioned a number of claims in IIPM's advertisements. This story was picked by Gaurav Sabnis (an IBM employee then) and Rashmi Bansal, the editor of Just Another Magazine, on their respective blogs. Gaurav Sabnis and Rashmi Bansal were sent a legal notice by IIPM while IBM was told by IIPM that they might publicly burn IBM's laptops. IIPM officially commented that Rashmi Bansal and Gaurav Bansal (both IIM alumni) had relentlessly lied as they, like other IIM alumni, suffered inferiority complexes because of IIPM. Gaurav Sabnis was consequently forced to resign from his job by IBM.

In 2009, B. Mahesh Sarma, in an article in Career 360 (an education oriented magazine) wrote an article on IIPM questioning the accreditation of IMI, campus placements participation of several companies, the quality of international placements of IIPM students, and international associations of IIPM with US business schools like McCombs, Judge, Darden, Haas.

MRTPC probe

In May 2007, The Monopolies and Restrictive Trade Practices Commission (MRTPC), an anti-monopoly watchdog, initiated a probe into IIPM's advertisements. They stated that they suspected that IIPM recovers the cost of GOTA tours and laptops (both advertised as free for the students) from students later on.

In October 2007, MRTPC announced that they would not be processing enquiry against many business schools due to "shortage of staff."

UGC and AICTE objections

In October 2005, both UGC and AICTE raised objection over IIPM using the term 'Indian Institute' as part of its name. The UGC also said that the IIPM cannot give MBA and BBA degrees as these can only be given by universities recognised by the UGC.. IIPM confirmed that they never offered the MBA, BBA degrees (and that those were offered by IMI Belgium), and that IIPM advertisements had, and continue to promote their certifications as being "superior to MBA and BBA" courses. In December 2005, AICTE raised objections over IIPM awarding degrees in foreign collaboration, and sent notice to IIPM detailing the objections. According to AICTE, as per its guidelines on foreign collaboration that came into force since 15 May 2005, IIPM is not approved to give such degrees. In March 2007, AICTE issued another notice to institutions offering unauthorised courses including IIPM. IIPM stated it has not, and will not apply for AICTE recognition as its programmes fall out of the purview of AICTE..

Tax issues

In May 2007, S.S. Palanimanickam, Minister of State for Finance, answered a question in the Rajya Sabha raised by Dharam Pal Sabharwal, another Rajya Sabha member, "IIPM has not paid income tax during the assessment years 2005-06 and 2006-07, claiming exemption under section 10(23C) (vi) of the Income-tax Act, 1961." The Ministry further stated that service tax paid by IIPM in the preceding two years had been nil. Under a query raised through the Right to Information Act on the institute, the Central Board of Direct Taxes had said that the ministry did receive a "tax evasion complaint in respect of wrong claims of exemption under Section 10 (23C) of the Income Tax Act, 1961."

In April 2009, the Indian government clarified that there were "no pending tax claims against IIPM" and the case had been closed after due enquiry.

Plagiarism

In August 2006, a USA Today article about plagiarism on the internet mentioned that a column by Jack and Suzy Welch was posted on the IIPM website below Arindam Chaudhuri's photo without attributions to either BusinessWeek or Jack and Suzy Welch. IIPM subsequently informed USA Today that it had rights to the Welch column through the New York Times News Service/Syndicate, and that a Welch byline was added after the USA Today inquiry because, "others could be confused."

Gallery

• IIPM Tower, Hyderabad IIPM Tower, Hyderabad
• IIPM Tower, Ahmedabad
• IIPM Tower, Mumbai IIPM Tower, Mumbai

References

This article uses bare URLs, which are uninformative and vulnerable to link rot. Please consider converting them to full citations to ensure the article remains verifiable and maintains a consistent citation style. Several templates and tools are available to assist in formatting, such as reFill (documentation) and Citation bot (documentation). (December 2009) (Learn how and when to remove this message)

1. ^ "List of Unapproved Institutions Running Technical Programmes without AICTE Approval". Archived from the original (Microsoft Word) on 2007-03-22. Retrieved 2009-12-02. Cite error: The named reference "unapproved" was defined multiple times with different content (see the help page).
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47. Peri (June 30, 2008). "Racket Game Lobs". {{cite web}}: Unknown parameter |firt= ignored (help)
50. Mail Today article about 2009 placements
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58. MRTPC investigating tall claims made in IIPM ads
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70. Authorship gets lost on Web

External links

• Official IIPM Website
• IMI Belgium

• Articles needing cleanup from December 2009
• Articles with bare URLs for citations from December 2009
• Unaccredited institutions of higher learning in India
• Education in Delhi
• Educational institutions established in 1973
• Business schools in India