Philosophy at IIPM

IIPM Philosophy

The IIPM programme was conceptualized in 1973 keeping in mind the fact that education in India till then had still remained primarily oriented towards the needs of the private sector and had overlooked the specific requirements of the public sector. We had even failed to do justice to the private sector in as much as we had not succeeded in impressing upon the students the basic framework within which the private sector had to operate in our country. The scope and role of the private sector

in our country, in the context of national economic planning, was quite distinct from that of the private sector in the free market economies originally developed through colonial exploitation.

Problems of development of the private and the public sectors were, therefore, needed to be studied and analyzed carefully in the background of national economic planning. Otherwise, we would not be able to translate the laudable goals of plans into physical realities, however sophisticated the planning models may be.

The Indian Institute of Planning and Management had thus set before it the twin tasks: to reorient education and research towards the needs of both the sectors and to establish the link between the national economic planning and the development of private enterprises in our country.

WHY IIPM COURSES ARE SUPERIOR TO MBA
IIPM has so far claimed the superiority of its Entrepreneur-ship program neither by the size of its campus, nor by the entry level salary of its pass-outs, but by its qualitatively superior and intellectually stimulating academic program. The IIPM course is a 22 month, 1944 hour course which includes in depth studies of national economic planning and ways to regulate its parameters to achieve higher growth rate of GDP ensuring higher growth of market segments within the national economy as well as higher growth of income of all sections of the people, including those who are below the poverty line.

IIPM's Entrepreneurship program is superior to standard MBA programs as it also develops certain entrepreneurial qualities in program participants. These helps to remove aversion to calculated risk taking, imbued with ambition beyond normal career growth. Personal ambition in tune with social vision makes an entrepreneur reach out beyond boundaries again and again. Work remains no work, but hobby. Failures are looked upon as inevitable intermediate stages to success.

IIPM also offers a unique Global Opportunity and Threat Analysis (GOTA) program, through which students are taken abroad for a period of 12-14 days, wherein the students get to attend lecture sessions at leading academic institutions and organizations like World Trade Organization, United Nations, World Bank, Credit Suisse, Nestle, etc. This allows them to widen their horizon in understanding various forces of globalization through experiential learning.
Further, under the Global Outreach Program, IIPM invites distinguished faculties from leading global institutions like Harvard, Wharton, Columbia, Chicago, Yale, London School of Economics, Oxford, Cambridge, IMD Lausanne, INSEAD, etc., to come down to India to interact with IIPM students. All this put together make the IIPM course better than any other course of a similar nature in India.