BENGALURU: The Indian Institute of Management, Bangalore (IIMB) will soon get two new research laboratories — one for big data, and the other for behavioural research.
IIMB Director Sushil Vachani announced this at the institute’s foundation day programme organised in its premises on Wednesday.
He said the institute has also restructured its Centre for Capital Markets and Risk Management. “Our efforts for strengthening research and training have paid handsome dividends by enhancing our international reputation. Our programmes are all highly placed in global rankings,” Vachani said. “In future, education will benefit tremendously from the deployment of technology, which is a foundational cornerstone.”
Vachani said IIMB’s engagement with international networks is being deepened. “We are partnering with the Global Network for Advanced Management, which includes 28 top management schools in the world,” he said.
IIMB was the first to partner with the Harvard-Massachusetts Institute of Technology for the massive online open courses (MOOCS). “With this, we have been able to reach out to around 80,000 learners from 185 countries. This is just the very beginning,” he said.
Earlier, founder and CEO of InMobi, Naveen Tewari spoke to the gathering about his experiences in founding one of the world’s biggest platforms for advertising. “Any entrepreneur needs to possess three qualities, which is imperative for success. One must love what he/she does, must have faith and be willing to be crazy and take risks,” he said.
The IIMB Foundation Day celebrations also saw Distinguished Alumni awards being conferred on executive vice chairman of Cognizant India R Chandrasekaran and central Revenue Secretary Hasmukh Adhia.
Kiran Mazumdar-Shaw, chairman, board of governors, IIM Bangalore, gave away the awards. “India is now beginning to get noticed as a start-up nation and IIM Bangalore has risen to the occasion,” she said.