Hyderabad – IMT’s fourth and South India’s
first campus inaugurated
A view of Institute of Management Technology which opens new campus at
Institute of Management Technology (IMT), a
leading educational establishment forays into
South India with its futuristic Hyderabad campus.
Mr. Kapil Sibal, Union Minister for HRD, IT &
Communication, Government of India inaugurated the
campus today by lighting the lamp. The inaugural
was also graced by Mr. Kamal Nath, Union Minister
of Urban Development, Government of India and Mr.
N. Kiran Kumar Reddy, Chief Minister of Andhra
Pradesh; Ms. Sabitha Indira Reddy, Minister for
Home, Govt. of AP.
Addressing the gathering immediately after
inaugurating the institute Mr. Kapil Sibal
congratulated IMT management for bringing out such
a well infrastructure college here at Hyderabad. I
understand IMT has three campuses in India and one
campus abroad in Dubai. India is not only a
dominant player in education; it is also exporting
education to the world. He stressed upon the
importance of management in everyday life. We
manage home, we manage 24 hours a day, we manage
our localities, and we manage Grama Sabhas. Such
is the importance of management. Management is
heart of everyday life. But unfortunately little
importance is attributed to it in our country, he
lamented. If we have more quality management
education we have more solutions to our problems.
Excellence in management is only possible to
excellent institutions, which I am sure IMT will
live up to its expectations, he said.
Mr. Kapil Sibal quoted PM saying Indian
infrastructure development requires US$ 1
trillion. If such a thing happens we need more
engineering and more management graduates. Are we
ready for it, he questioned. Adding further he
stated that Business Education is not static, it
is dynamic one. In Indian education system we put
lot of limitations to our children. This
limitation in choice is the greatest limitation in
our education - remove it, he said.
Our Indian students only know three streams –
arts, science and commerce - whereas our foreign
counter parts have much more wider choice,
Mathematics and Music, Architecture and Chemistry,
Kathakalli and History. To have that flexible
choices time has come for us to change our
mindset, he said.
Giving his presidential address Kamal Nath,
President – IMT said the objective of Hyderabad
campus is not merely to offer state-of-the-art
infrastructure but to offer world class education
which will produce globally competitive students.
Whole world is changing, globalization is
happening everywhere, technology is changing.
Innovations are happening day in and day out, if
you don’t adapt to these changing times you will
be left behind, he said. These are the challenges
of the present management in the country and urged
the faculty to sensitize students too along with
the changing times with ever new strategies. He
told them to impart right management education.
You can’t offer today’s management graduates
yesterday’s management systems, he said.
Speaking on the occasion Chief Minister of Andhra
Pradesh Mr. N. Kiran Kumar Reddy said Hyderabad is
host to some of the best educational institutions
like ISB, IIIT, BITS and now IMT. We want to
transform Hyderabad as a knowledge city. Besides
it being a capital of Pharma and IT, Hyderabad now
has a distinction of being a training capital of
the country. Our government gives lot of
importance to education. We have extended
financial support in the form of scholarships to
27 lakh students at a cost of Rs.3500 crores, he
informed. It is our duty to see that no child in
the state should be deprived of education. We are
investing on human resources development in the
state. Five years back we had 1,40,000 engineering
graduates coming out of the colleges, we today
produce 5 lakh engineers annually. We don’t need
mere engineers and management graduates. We need
competitive and employable human capital and
reminded what US President Obama sometime ago told
his countrymen to be careful about Indian talent.
We the government in the state would like to give
skill development training to 15 lakh students in
the next 3 years, he informed.
Earlier Dr. V. Panduranga Rao, Director – IMT
Hyderabad welcomed the gathering and thanked the
Government for their support without which it
wouldn’t have been possible. The inaugural
function was graced by Mr. Bakul Nath, VP – IMT;
MP Subbirami Reddy and the faculty of all the
three campuses of IMT. Nearly 500 people graced
the launch, earlier Union Minister Kapil Sibal
unveiled statue of Shri Mahendra Nath and plaque.
Rated among the top 10 business schools in India,
IMT has now forayed into South India. IMT
Hyderabad is their fourth and South India’s first
campus. It currently has campuses in Ghaziabad,
Nagpur and Dubai. IMT Hyderabad will offer a
regular two-year, full-time, PGDM program with
specializations in cutting edge areas like
Investment Banking and Business Analytics in
addition to the conventional areas like Marketing,
Finance and Operations. In due course of time, IMT
Hyderabad plans to offer a one year full time
Executive PGDM for working professionals with over
five years of industrial experience; Certificate
Programs in Management of 3-6 months duration; and
also offer a Fellowship Program in Management.
The state of the art campus with nearly two lakh
sq. ft. built-up area is located in 30 acres land
at Cherlaguda Village, Shamshabad Mandal, Ranga
Reddy District, Hyderabad. The beautifully
landscaped green campus has an academic block, a
library building, dining halls, hostels, faculty
housing and a sports complex with cricket ground,
football ground, basketball court, tennis court,
badminton courts along with seven water bodies for
water harvesting. The Academic block houses
nine-tiered lecture theatres, eleven flat
classrooms, 55 faculty offices, IT labs with more
than 100 systems, administrative offices, meeting
rooms, conference halls and an open amphitheatre
with a capacity of nearly 300. Along with the
world class physical infrastructure, IMT Hyderabad
has faculty members with research and teaching
experience in top American and European B-schools.
The young and dynamic faculty team have designed
an innovative and industry relevant curriculum
supported by a pedagogic approach which is student
centric, participative, experiential and team
based. This draws from the institute’s philosophy
of moving from a ‘Knowing’ mode to the ‘Doing’
mode and innovating for better lives, better
organizations and a better world.