Arindam Chaudhuri’s Indian Institute of Planing & Management(IIPM), the controversial B-school, is closing down from this year. The IIPM has announced that the institute will focus only on research and training.
IIPM, in an announcement on the website, said, “From 2015 IIPM has entered into technical collaboration of knowledge sharing with various institutions in India and has stopped taking direct admissions. As a part of the technical collaboration, IIPM primarily sends its researchers and faculty to take papers in other institutions and offer its “Certificate in Planning and Entrepreneurship” to students in those institutions. “
The institute has stopped taking admissions from the current year and will be closing its campuses across India one by one. The institute have 18 campuses in different part of the country.
“All IIPM campuses now only have old students and these campuses are being shut down as and when old batches finish their courses. IIPM will be operative only in Delhi as a research and training institutions, the training will be imparted only to corporates or institutions who enter into a technical collaboration of knowledge sharing with IIPM. Every detail on this website applies to IIPM 1973-2014,” it further said.
IIPM was founded in 1973 and offers undergraduate, postgraduate and doctoral programmes in national economic planning and entrepreneurship,and international and fellowship programmes. The institute is not accredited by UGC or AICTE.