Business Today

IIM Kozhikode: Dramatic rise

K.R. Balasubramanyam        Print Edition: September 4, 2011

IIM Kozhikode is back in the top 10, jumping from 12th place in 2010 to sixth this year. It last figured in the top 10 list in 2002. The reasons are many.

It has made up for its relatively isolated location by pioneering satellite-based postgraduate diploma programmes in management for executives, so they no longer have to be physically present on the campus to participate.

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Around 300 executives are currently enrolled in the main two-year programme - there are some short term ones, too - paying a total fee of Rs 5.25 lakh each. "Our fee income from the satellite programmes has gone up 20 times in the past two and a half years," says IIM-K Director Debashis Chatterjee.

IIM-K also boasts greater gender diversity than most other management institutes - this year 35 per cent of the 341 students admitted were women.

"In the past decade, IIMs had an average of around 10 per cent women students," says Chatterjee.

WATCH IIM-K Director talk about women power at the institute

The current passion of the 46-year-old director, who has also written five books, most of them drawing management lessons from ancient Hindu texts, is to set up a unique museum on Indian business history on the campus. Business houses and global thought leaders have been sending in material for it.

"We are a school of ideas with a mission for globalising Indian thought," he insists. The world is an oyster for IIM-K students, but a good number is moving into entrepreneurship rather than taking up corporate jobs.

How IIM-Bangalore toppled IIM-Ahmedabad from #1 position

Take Amit Kourav, hailing from Narsinghpur, Madhya Pradesh, who graduated from IIM-K this year. He struck a deal with DC Books, Kerala's largest publisher, to start High Octane, a coffee shop with a difference, on the IIM-K campus. It sells both books and a range of hot beverages - and is often the venue of academic discussions, too.

Chatterjee delights in students like Kourav, who represent a generation bold enough to walk the extra mile.

(How to read our parameter-wise tables: Respondents were given the option of ranking each college on each attribute on a 1 to 10 scale, with 1 corresponding to very poor/completely unwilling and 10 corresponding to excellent/most willing. We have displayed here only those responses that were rated 9 or 10. Our top-ranked school, IIM-Bangalore, for instance, shows a reputation score of 37.  This means that 37 per cent of respondents gave IIM-B a score of 9 or 10 for its reputation. Similarly, for other scores. Although the tables reflect these higher rankings (the upper two boxes of our dataset), our overall B-school ranking takes into account all scores, even the lower ones.)  

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