School of Management is inaugurated

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Mr Mukesh Ambani, Vice Chairman and Managing Director, of Reliance Industries gave the inaugural address while inaugurating the new School of Management Building at the Indian Institute of Technology, Bombay on September 14, 1999. Mr Ambani said that “it is noteworthy that an institution like IIT Bombay is initiating this synthesis between technology and management. It is a management programme designed with an IIT background.”  Mr Ambani also said that it is very important for a country like India to master the art of synthesis. Nearly 10 per cent of India's GDP is contributed by what Mr Ambani refers to as "new economy" companies. He said that “over the next 10 years, this share is expected to go up to 21 per cent while the global GDP is expected rise to $37 Trillion.”

Prof. M.G.K.Menon, Chairman, Board of Governors, IIT Bombay and representatives from ICICI, Hindustan Lever Ltd. were also present on the occasion. The ground plus 3 storeyed building also houses IITs Industrial Research and Consulting Centre. A Lecture Hall complex is also integrated into the building as a common facility for the Institute. A special feature of the building is a magnificent atrium at the entrance, which is 60 feet high and is covered with Polycarborate Pyramidal roof units.

The School of Management (SoM) at IIT Bombay was set up in 1994, with the dual mission of training professionals to assess, select and manage technology by capturing the synergy between engineering, sciences and management disciplines, and playing a vital role in those areas of industry, government, and public activity where technology is a key strategic component. From its inception, SoM has been building links with financial institutions, corporations, apex bodies representing wide industry interests, and many international institutions.

In congruence with its mission, the School's activities include a welldefined mix of educational,training, research,consultancy and proficiency enhancement activities. These include:

• Post Graduate programme in Management leading to the award of Master of Management (MoM) Degree
• Post Graduate programme in Management for working professionals, leading to the award of Master of Management (MoM) Degree
• Doctoral Programme in Management leading to the award of Ph.D. Degree
• Research
• Consultancy
• Case Development
• Quality Improvement Programmes (QIPs)
• Collaborative Programs with other Organisations
• Management Development Programmes (MDPs)
• Workshops,Seminars, Conferences for practitioners and other target audiences
• Inhouse continuing education and executive development activities tailored to specific requirements of client organizations.