The Institute of Public Enterprise, a premier business school in the city, is likely to shift to its new campus at Shamirpet from the Osmania University premises, its director RK Mishra has said.
Briefing newsmen here on Monday on the occasion of the institute’s 50th anniversary, he said that the institute had grown leaps and bounds over the years. “To cater to our ever-expanding work in the research, education and consultancy wings, it has become necessary to have a bigger campus,” he explained.
The new campus, spread over 22 acres of land, is surrounded by a reserve forest on one side and the famous Shamirpet lake on the other, giving it a peaceful and picturesque ambience, he said.
Construction is in its final phase and the new campus is expected to be ready by February next and classes will commence in June.
“The upcoming campus will be absolutely environment-friendly. It is designed keeping in view various environmental aspects and it has been validated by Green Rating for Integrated Habitat Assessment, an international body that certifies constructions based on various parameters,” Mishra said.
According to a survey conducted by Global Human Resource Development Centre, New Delhi, the institute stands seventh among the government business schools and 18th among both public and private business schools in the country, he claimed.
Speaking about IPE’s achievements in the last 50 years, Mishra said the institute had contributed greatly in research to various ministries in the Centre. “It is no exaggeration to say that we are connected to every ministry in the Union government. A case in point is that we have done and continue to do seminal work in relation to corporate governance issues under the ministry of corporate affairs.”
As per senior faculty member SK Mathur, the institute is striving for recognition of its postgraduate diploma courses as being equivalent to an MBA degree. “The All-India University Association has agreed to give recognition this effect and we will receive it shortly,” he said.