This story is from December 31, 2018

IIMs in Bengaluru and Ahmedabad seek infrastructure funds, 800 more seats

Two premier management institutes — IIMs in Bangalore and Ahmedabad — have proposed to add 805 seats between them in the coming year. IIM-B has sought to add 425 seats and IIM-A 380 seats. If approved by the Centre, the move will take the total intake capacity of the 20 Indian Institutes of Management (IIMs) to 13,216 from 12,411 at present.
IIMs in Bengaluru and Ahmedabad seek infrastructure funds, 800 more seats
BENGALURU: Two premier management institutesIIMs in Bangalore and Ahmedabad — have proposed to add 805 seats between them in the coming year. If approved by the Centre, the move will take the total intake capacity of the 20 Indian Institutes of Management (IIMs) to 13,216 from 12,411 at present.
IIM-B and IIM-A have already sent their proposals to the human resource development ministry.
IIM-B has sought to add 425 seats and IIM-A 380 seats. Both centres have sought loan from the Higher Education Financing Agency (HEFA) to create infrastructure for the additional student strength.
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If the proposed intake is approved, IIM-B will have 1,646 students, against the present 1,221. This will make the institute the second biggest in terms of student intake, after IIM-Indore which has 1,907 students. Currently, IIM-Lucknow stands second with 1,332 seats.
IIM-B director G Raghuram told TOI: “IIM-B has applied for a loan of about Rs 200 crore. The loan will partly cover our intended investment plans for additional infrastructure.” The exact amount of loan sought by IIM-A could not be confirmed immediately.
IIM-B plans 2nd campus with 84 rooms
Raghuram further said that of the additional 425 seats, 300 will go to two of its two-year MBA programmes, 75 to Executive Post Graduate Programme (EPGP) and 50 to Fellow Management Programme (FPM).

“Currently, we are not in a position to provide accommodation to all students. The additional infrastructure planned will enable us to provide accommodation and make the programme more attractive, and would also help us increase the size of the programme,” Raghuram said in a statement. He said that IIM-B is looking at expanding the facilities on its current campus on Bannerghatta Road: in terms of the infrastructure, it would be 340 hostel rooms, 112 one BHK and 112 studio rooms, and a 1,400-seater students’ dining and kitchen block.
The plans are afoot for a second campus, with 84 hostel rooms, four 100-seater classrooms, and kitchen and dining rooms with basic office space.
The current proposal, Raghuram said, “will boost the PG programme, for which IIM-B is known, and for which there is demand both from students and companies. Scaling up this programme by two more sections will be a win-win situation. The scaling up may also be targeted at specific domains where there is market demand, like analytics.” The students of the one-year programme, targeted at professionals with work experience, currently stay outside campus.
“Bringing them onto campus will improve the learning ecosystem for this programme. We are also considering the expansion of this programme into two sections,”Raghuram said.
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