IIM-A awaits grant,may increase batch size of fellow programme in management

In an attempt to double research output,the ministry is in the advanced stages of providing Rs 95 crore over five years to five IIMs (in Ahmedabad,Bangalore,Kozhikode,Indore and Lucknow) for FPM.

Prof B H Jajoo,dean of academic affairs at IIM-A,said although the grant allocation is “not yet finalised on paper”,it is at an “advanced stage” and discussions have been there for a long time.

“IIM-A currently bears the cost of (FPM students’) stipends,and the institute has asked that the ministry to bear this cost,” said Prof Jajoo,adding that once the grant is finalised and received,IIM-A would decide on whether the batch size should be increased as well. He said the institute would have the final say.

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An FPM batch is usually made up of about 15-20 students,with the 2005 batch being the largest so far at 28,according to sources.