NITIE is now 21st IIM of India: A bill to rename National Institute of Industrial Engineering (NITIE), Mumbai, as Indian Institute of Management (IIM) is part of the Centre’s legislative agenda for the upcoming monsoon session of Parliament starting commencing today. – July 18th 2022.
National Institute for Training in Industrial Engineering (NITIE) Mumbai, is the first Business School of India that is to be rechristened as – IIM.
With this move by the government, Mumbai will technically now have 2 IIMs as IIM Indore’s Mumbai campus located at Hiranandani Knowledge Park, Powai, been operational in Mumbai and now offering Post Graduate Programme in Management for Working Executives (PGPMX) .
Indian Institute of Management Indore (IIM Indore) will also be mentoring the new Mumbai campus. As of now there were 20 IIMs in India, now NITIE Mumbai shall be the 21st IIM.
NITIE has always been a popular B School and has been ranked 9th among management schools in India, by the National Institutional Ranking Framework (NIRF) in 2022. NITIE offers five postgraduate programs in the field of Technology and Management.
- Post Graduate Diploma in Industrial Engineering (PGDIE)
- Post Graduate Diploma in Industrial Management (PGDIM)
- Post Graduate Diploma in Sustainability Management (PGDSM)
- Post Graduate Program for Executives (PGPEX-VLFM)
The first of its kind move by the centre to rename an already existing and established management institute of the country as Indian Institute of Management have raised questions in the academic fraternity and students community as it is not a new campus facility that is coming up but just an amendment of an already functional institute is being done.
The amendment bill, 2022, seeks for “inclusion of NITIE Mumbai in IIM Act, 2017 and renaming NITIE, Mumbai as IIM Mumbai”.
While one more IIM gets added in the list, essentially there is no increase in the number of new institutes that have come up. The bill is among 24 new bills that have been proposed for “introduction, consideration and passing” during the parliament session.
According to reports, the Ministry of Education, in January this year constituted a committee to deliberate on the feasibility to bring the National Institute of Industrial Engineering (NITIE), Mumbai, under the Indian Institute of Management (IIM) Act, 2017).
Bombay Stock Exchange’s Chief Executive Officer and Allahabad University Chancellor Ashishkumar Chauhan, was head of the expert committee.
Other members of the committee were Pramod Kumar Jain, Director at IIT BHU; Pawan Kumar Singh, Director at IIM Tiruchirappalli; Dr. Subhasis Choudhuri, Director at IIT Bombay and Pradeep Goyal, CMD at Pradeep Metals.
About NITIE: National Institute of Industrial Engineering (NITIE), formerly National Institute for Training in Industrial Engineering, is a graduate business school under Ministry of HRD Government of India located in Powai near Vihar Lake in Mumbai, and is ranked 9th among B-Schools of India as per NIRF 2022 rankings. National Institute of Industrial Engineering (NITIE) was established by the Government of India in 1963 with the assistance of the United Nations Development Programme (UNDP) through the International Labour Organization (ILO) to create skilled professionals. It was funded by the Government of India and registered as a society under the Societies Registration Act, 1860.