1966 1967 1968 1969 1970 1971 INDIAN INSTITUTE OF MANAGEMENT AHMEDABAD 1972 1973 1974 1975 1976 1977 1978 1979 1980 Chief Guests at Convocations 1981 1982 1983 1984 1985 1986 1966 Mr. M.C. Chagla 1982 Mrs. Sharda Mukherjee 1998 Mr. Vikram Lal 1967 Dr. Vikram Sarabhai 1983 Mr. Nani Palkhiwalla 1999 Mr. K.B. Dadisheth 1968 Mrs. Indira Gandhi 1984 Mr. P.L. Tandon 2000 Mr. R.K. Laxman 1969 Dr. Karan Singh 1985 Mr. K. C. Pant 2001 Dr. Desh Deshpande 1970 Mr. L. K. Jha 1986 Mr. Hiten Bhaya 2002 Mr. Azim Premji 1971 Mr. Dharma Vir 1987 Dr. Raja Ramanna 2003 Dr. A.P.J. Abdul Kalam 1972 Mr. C. Subramaniam 1988 Mr. V. Kurien 2004 Dr. Bimal Jalan 1987 1988 1989 1990 1991 1992 1973 Mr. D.P. Dhar 1989 Mr. A.S. Ganguly 2005 Mr. Raghuram Rajan 1974 Professor Nurul Hasan 1990 Mr. Russi Mody 2006 Mr. M.S. Banga 1975 Mr. T. A. Pai 1991 Mr. Sarup Singh 2007 Mr. P. Chidambaram ´ÉÉ̹ÉEò |ÉÊiÉ´ÉänùxÉ 1976 Dr. V.M. Dandekar 1992 Mr. Rajmohan Gandhi 2008 Mr. Montek Singh Ahluwalia 1977 Mr. M.S. Swaminathan 1993 Mr. P.V. Narasimha Rao 2009 Shri Deepak Parekh 1978 Mr. H. M. Patel 1994 Dr. Manmohan Singh 2010 Dr. C. Rangarajan ANNUAL REPORT 2011-12 1993 1994 1979 Mr. V. G. Rajadhyaksha 1995 Mr. Sam Pitroda 2011 Dr. Manmohan Singh 50 1980 Justice Mr. M. Hidaytullah 1996 Mr. A.M. Ahmadi 2012 Shri K. V. Kamath 1981 Mr. Keshub Mahindra 1997 Mr. Adi Godrej 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 Dr. Vijaypat Singhania FIFTIETH ANNUAL REPORT: 2011-12 Indian Institute of Management Ahmedabad 2 Fiftieth Annual Report: 2011-12 CONTENTS THE YEAR IN RETROSPECT ............................................................. 5 The Two-year Post Graduate Programmes .............................................................5 The Fellow Programme .......................................................................................5 The One Year Post-Graduate Programme ..............................................................6 The Faculty Development Programme ..................................................................6 Management Development Programmes (MDPs) ...................................................6 Research, Publication, Conferences and Seminars ................................................7 Leadership in Academic Administration ...............................................................7 Linkages with World of Practice ..........................................................................8 Participation in Social Transformation .................................................................8 Societal Obligations ...........................................................................................8 Global Aspirations .............................................................................................9 Campus Infrastructure .......................................................................................9 Institute Turns Fifty ..........................................................................................9 Our Pledge ......................................................................................................10 ACADEMIC PROGRAMMES ............................................................ 11 POST-GRADUATE PROGRAMME IN MANAGEMENT ...........................................11 POST-GRADUATE PROGRAMME IN AGRI-BUSINESS MANAGEMENT ..................14 POST-GRADUATE PROGRAMME IN MANAGEMENT FOR EXECUTIVES ................16 FELLOW PROGRAMME IN MANAGEMENT ........................................................17 PLACEMENT ...................................................................................................18 CONVOCATION ...............................................................................................21 FACULTY DEVELOPMENT PROGRAMME IN MANAGEMENT ...............................21 RESEARCH AND PUBLICATIONS ................................................... 23 MANAGEMENT DEVELOPMENT PROGRAMMES .............................. 25 INTERDISCIPLINARY CENTRES AND GROUPS ................................ 26 CENTRE FOR ELECTRONIC GOVERNANCE ......................................................... 26 CENTRE FOR GENDER EQUITY, DIVERSITY, AND INCLUSIVITY .........................26 CENTRE FOR INFRASTRUCTURE POLICY AND REGULATION ............................27 CENTRE FOR INNOVATION INCUBATION AND ENTREPRENEURSHIP ................28 3 CENTRE FOR MANAGEMENT IN AGRICULTURE ..............................................30 CENTRE FOR RETAILING ................................................................................31 COMPUTER AND INFORMATION SYSTEMS GROUP (C&ISG) ..............................31 PUBLIC SYSTEMS GROUP (PSG) .....................................................................32 RAVI J. MATTHAI CENTRE FOR EDUCATIONAL INNOVATION .............................33 DISCIPLINARY AREAS ................................................................... 34 BUSINESS POLICY .........................................................................................34 COMMUNICATION ...........................................................................................35 ECONOMICS ...................................................................................................35 FINANCE AND ACCOUNTING ...........................................................................36 MARKETING ...................................................................................................37 ORGANIZATIONAL BEHAVIOUR ......................................................................38 PERSONNEL AND INDUSTRIAL RELATIONS .....................................................38 PRODUCTION AND QUANTITATIVE METHODS ..................................................39 ALUMNI CENTRE ACTIVITIES ........................................................ 40 GLOBAL PARTNERSHIP AND CORPORATE AFFAIRS ........................ 43 GRANT-IN-AID .............................................................................. 46 INFRASTRUCTURE DEVELOPMENT ............................................... 47 PERSONNEL ................................................................................. 48 STUDENT ACTIVITIES ................................................................... 50 VIKRAM SARABHAI LIBRARY ........................................................ 64 WELFARE ACTIVITIES ................................................................... 66 APPENDICES ................................................................................ 69 5 THE YEAR IN RETROSPECT The year began with hopes of revival of the global economy. However as the year progressed it became clear that the hopes were misplaced. The domestic economy too started showing signs of stress and slowdown. Despite the continuance of the economic crises for the fifth year in a row, I am happy to report that the Institute was able to further consolidate its financial situation. The Institute achieved an operating surplus for the second year in a row in 2012, despite having to set aside another about Rs.300 million towards meeting its pension liabilities. This was possible through prudent watch on expenses and making concerted efforts to enhance and diversify the sources of revenue. The initiatives taken by the Institute have laid the foundation for creating a sound financial position for the Institute in the years ahead. The Two-year Post Graduate Programmes The Institute’s flagship programme, the two-year Post-Graduate Programme in Management (PGP) continued its dominant position as the most coveted post graduate programme in management in the country. For the year 2011-12 the global ranking of the programme improved to 7 among Masters Programmes in Management ranked by Financial Times (FT). This was the second year in succession that the programme was ranked in the top ten. It continues to be the only programme from India in the list. The year was the first year when the student strength in the PGP reached its peak, with the number of students in both the first and the second year of the programme reaching the batch size required as per the OBC quota. Despite that, the programme was conducted smoothly as the logistics for delivery of the programme had been planned with care. Concerns still remain about possible impact on quality of the programme arising from increased batch size. Given the recessionary trend in the global economy, there were apprehensions about placement of students passing out. The apprehensions were however misplaced since all students seeking placement were placed in meaningful jobs. The Institute’s academic programme in the agriculture sector, the two-year Post-Graduate Programme in Agri-Business Management (PGP-ABM) achieved the distinction of becoming the top ranked programme among management programmes in the agriculture and food technology sector. This global ranking was done by Eduniversal, a respected French rating agency, that also ranks sectoral management programmes. This programme too witnessed the completion of expansion arising from implementation of OBC quota. The Fellow Programme Several policy initiatives were taken during the year to strengthen the Fellow Programme in Management (FPM) – the doctoral programme of the Institute. The first year of the programme has been re-designed with the areas being given the option of taking charge of 6 Fiftieth Annual Report: 2011-12 the programme from the third term of the first year. The increased emphasis on the quality of doctoral dissertations is paying off with several FPM students publishing