CAT 2014 takers to Note: IIMA partners with corporate; CRISIL, WGC, ATS Infra and SAP to pool in Rs 20 crores

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MBAUniverse.com News Desk |
December 11, 2014
The recent tie-ups with corporates by IIM Ahmedabad have brought in a funding of Rs. 20 crores
"SAP`s desire to foster the spirit of entrepreneurship is in line with IIMA`s long-term goals, and we are delighted to partner with them" Prof. Ashish Nanda, Director, IIMA

Fostering  the spirit of entrepreneurship as its long-term goal, the recent tie-ups with corporates by IIM Ahmedabad have brought in a funding of Rs. 20 crores which will be spent towards cutting-edge research in financial markets, infrastructure and entrepreneurship. Announcing the achievement on Dec 10, IIMA has shared that this is the second tranche of fund-raising efforts from IIMA in 2014. The institute had announced in June, earlier this year, of commitments of 16 crore INR from Government and corporate bodies. The past six months, from July to December 2014, have been a busy half year at IIMA as the institute’s fund-raising activities gained momentum.

Sharing his happiness on the achievement, Prof. Ashish Nanda, Director, IIMA said   “I am thankful to CRISIL and ATS Infra for establishing chairs in Financial Markets and Infrastructure respectively. SAP’s desire to foster the spirit of entrepreneurship is in line with IIMA’s long-term goals, and we are delighted to partner with them. The contribution of these companies will help the institute to strengthen its impact and maintain its quality. As we continue to connect with practice, I am confident the institute will benefit from access to current management practices and challenges; and also support for high-quality research,”

SAP Faculty Fellow at IIMA

The SAP Faculty fellow at IIM Ahmedabad will be instrumental to support Entrepreneurship & Innovation as a part of CSR initiative of SAP India. Over the last few years SAP has been instrumental in accelerating the growth of social enterprises through their capacity building, mentorship, and technology  donation. This SAP Faculty Fellow furthers SAP’s vision and mission of fostering social entrepreneurs to bolster a sustainable and inclusive economic environment in India.

Speaking on the occasion Ravi Chauhan, Managing Director, SAP India said “The entrepreneurial ecosystem is a tremendous generator of employment and innovation and a substantial contributor to GDP growth. Through the Faculty Fellow at IIM-Ahmedabad and the associated incubation cell, SAP aims to create a knowledge base that will significantly help policy makers, administrators and other constituents of the entrepreneurial ecosystem to work in a collaborative way to enable high-growth social enterprises, emerging startups, micro small and medium enterprises and small and medium businesses.

CRISIL Chair of Financial Markets

CRISIL Chair of Financial Markets at IIMA will support research and learning in the areas of financial markets in the institution. Over 25 years, CRISIL, a global analytical company providing ratings, research, and risk and policy advisory services has been working to make markets function better. In order to further this mission, CRISIL decided to set up the CRISIL Chair of Financial Markets at one of the most reputed institute in India, IIM-Ahmedabad. The purpose of the professional chair is to enable research activities that can help financial markets evolve and function better.

On this occasion, Roopa Kudva, Managing Director and CEO, CRISIL, said: “We believe that collaboration between industry and academia is critical for enhancing our understanding of the financial markets and spot the next growth opportunities. The setting up of the CRISIL Chair of Financial Markets at IIM-A is a significant step in that direction. We are proud of this association and hope it will fuel insightful research that can help investors, market intermediaries and other stake-holders make better informed investment and business decisions.”

ATS Infrastructure Chair of Infrastructure Management

Another important achievement is the setting up the  ATS Infrastructure Chair of Infrastructure Management to support research and learning in the area of infrastructure development and housing management.

“Good infrastructure acts as a catalyst in a developing economy. Implementing latest technology in this field as available within and outside India has become imperative now. ATS Infrastructure Ltd, which is in the field of construction and housing in Northern India is pleased to establish ‘ATS Infrastructure Chair’ at Indian Institute Management, Ahmedabad for the purpose of research and learning in the area of infrastructure & housing management, given the Prime Minister’s plan of providing housing for All by 2022”, said Mr. Getamber Anand, Chairman & Managing Director, ATS Group of Companies.

India Gold Policy Centre

On Nov. 26th, 2014 The World Gold Council had announced setting up of the India Gold Policy Centre in collaboration with IIMA. The objective of the "India Gold Policy Centre" is to develop insights into how the significant stocks of gold that India owns can be used to advance growth, employment, social inclusion and economic wealth of the nation. The Centre aims to conduct research that has a practical application and that the industry and all stakeholders can use, leading to the development of an effective gold ecosystem in the country and worldwide.

 

Ever since it was set up in 1961, IIM-A has excelled in the field of management education. In last decade or so, IIM-A has evolved from being India's premier management institute to a notable international school of management in just four decades. The MBAUniverse.com B School Rankings 2015 has ranked IIM-A the No 1 B-school in India. IIM-A has excelled in virtually every important parameter of the ranking. Almost 180,000 students applied to seek admissions for approximately 400 seats. This ensures that IIM-A can virtually handpick the very best candidates. Admission in 2015 at IIMA will be through CAT 2014 exam the result of which is going to be declared shortly. The B schools is known for excellent placements year after year.

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