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  • Kumar Mangalam Birla, Chairperson, IIMA Board of Governors said in a statement: “Endowment funds help ensure financial health of any institute, thereby encouraging growth and self-sufficiency. We truly appreciate the Founder alumni for their generous contributions to kick-start the IIM Ahmedabad Endowment Fund. These funds will play a significant role in realizing the long-term goals of the Institute and retain its autonomy.”

    Even the high-cost longer duration programmes for working professionals, priced between Rs 10-40 lakh, could come under pressure in the next 12-24 months as the pandemic-hit economy and rising joblessness are forcing professionals and corporations to tighten their purse strings, education consultants and industry experts said.

    IIM-A launched the 'IIM Ahmedabad Endowment Fund' with an initial commitment of Rs 100 crore from 10 founding alumni, including Info Edge founder Sanjeev Bikhchandani and Makemytrip founder Deep Kalra.

    In 2019, the number of people who registered for the test and the number of people who appeared for the test was the highest in ten years. Out of the 244,190 candidates who registered, 209,926 appeared for the test.

    The paper has devised a mathematical model recommending a blend of offline and online learning. As per the model, following social distancing norms, a school can operate in three shifts—7 am to 11 am, 11:30 am to 3:30 pm, and 4 pm to 7:30 pm. It also suggests that students be divided into three groups—class 1 to 4, class 5 to 8, and class 9 to 12.

    With this system, the students can appear for the tests by logging in through their laptop/desktop at their homes in different parts of the country. About 100 students will be appearing for the end term exam. This system of conducting tests online allows more transparency in the process.

    Leading institutions such as IIM-Ahmedabad, IIM-Kozhikode, IIM-Indore, IIM-Trichy, Bhavan’s SP Jain Institute of Management & Research (SPJIMR), IIT-Bombay, IIT-Kanpur are introducing measures including postponing of events and large gatherings, imposing travel restrictions and holding extensive awareness generation sessions on campus about the outbreak.

    Digital was the medium of choice at several institutes to finalise the candidates. While IIM-Ahmedabad, IIM-Bangalore and IIM-Raipur had managed to complete their admission process before the lockdown, others like Lucknow, Calcutta, Kozhikode, Indore, Sambalpur and Jammu had to partly resort to the virtual route to zero in on the candidates.

    Before joining SPJIMR, Dr Banerjee had extensive experience in business, corporate training, academics and consulting.

    Professor RT Krishnan said: “It is an extraordinary privilege to lead India’s best management institution, IIM Bangalore, at this most challenging time when there is an opportunity to re-define management education.”

    IIM Calcutta has pushed its opening date to July 13. The institute’s director Anju Seth said that they would focus more on blended learning programmed, and would extend this to more geographies.

    The program, which will start in June next year, will accept 20-25 students in its first batch. “The world is changing very quickly… it requires people to decode culture and technology. Data needs to be made sense of,” said IIM-K director Debashis Chatterjee. Instead of just teaching tools and techniques, the program would aim to teach students how to think.

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