VISAKHAPATNAM:After much waiting, Visakhapatnam city is now home to a national premier institution. The Indian Institute of Management in Visakhapatnam will commence its operations from its temporary building on Andhra University campus from Monday. HRD minister Ganta Srinivasa Rao will formally inaugurate the building at a function scheduled to be held at YVS Murty auditorium on the occasion.
While orientation classes for students will commence on Monday itself, regular classes will be held from September 28 onwards. All the 60 seats at the Institute have been filled and IIM-Bangalore will mentor its Vizag counterpart for about two-three years. While the main administration will be operating from the building of Andhra Bank School of Business on the AU campus, accommodation has been provided to students at an apartment complex in Peda Waltair area.
“All arrangements are in place and necessary changes were made to the building at AU campus to suit the needs of IIM-Vizag. The IIM-Bangalore authorities also pitched in with some facilities funded by the Central government,” said the authorities at AU. The classrooms have been designed in a semicircle gallery model on the lines of Havard Business School, as the teaching methodology is case-study based.
During the first year of its operation, the entire faculty will be flying down from IIM-Bangalore on a weekly basis, till a director is appointed for the new institute. Sources said that the new director will be appointed within six months followed by recruitment of the new faculty. IIM-B dean (programmes) Sourav Mukherji will act as the nodal officer, till these arrangements are made.
The IIM-V will operate from its own campus at the 300-acre site allotted at Gambheeram, after the infrastructure is developed over the next two-three years. The required land has already been alienated and the government will hand over the premises to the IIM management upon construction of the boundary wall.