HOW VIZAG BENEFITS FROM IIM - Indian Institute of Management

IIM Vizag wiki,

IIM Visakhapatnam started it classes on Sep 21, 2015 which was officially launched by Minister for Education Ganta Srinivasa Rao. The Indian Institute of Management in Visakhapatnam will commence its operations from its temporary building on Andhra University campus from Monday.

All the 60 seats have been filled and IIM-Bangalore will mentor its Vizag counterpart for two-three years. While the main administration will be operating from the building of Andhra Bank School of Business on the AU campus, accommodation has been provided to students at an apartment complex. During the first year, the entire faculty will be flying down from IIM-Bangalore and slowly migrate to Visakhapatnam.

How Vizag can benefit from IIM?
1. Vizagites can use IIM brand for bragging as a symbol of pride
2. Even though a couple of  local students will secure seats in IIM (V) but it puts the city ahead.
3. Andhra University can benefit from IIM Management by exchanging knowledge and thereby increasing the standards of it's affiliated colleges & universities.
4. IIM Vizag can attract international buisness conferences and delegates to visit Visakhapatnam which enhances wider network of  intellectuals and businessmen.
5. Local industries can leverage IIM's think tank and create more opportunities.
6. IIM footprint in Vizag can attract top B-Schools in India and abroad to have a presence in the city.
7. Vizag can be the next  Startup Hub and IIM will certainly be a driver to build the eco-system.

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