Management     

Published: March 31, 2024
Updated: March 31, 2024

Institute of Public Enterprise (IPE)

Going from strength to strength: From acorn to management oak

The Institute of Public Enterprise (IPE), Hyderabad is stepping into its Diamond Jubilee year with confidence and on the strength of consistently being counted among the top B Schools in India. Founded in 1964 in a small facility in Osmania University, the IPE today has an ultra-modern campus with comfortable and functional academic, sports, extra- curricular and hostel facilities spread over 22 acres on the outskirts of Hyderabad, on the Karimnagar Highway.

The IPE is flanked by the Shamirpet lake on one side and a reserve forest on the other, making the campus beautiful. It also has the NALSAR (National Law University) in the neighbourhood and Genome Valley close by. A unique feature of the IPE is that it comes under the aegis of ICSSR (Indian Council of Social Sciences Research), MoE and the Government of India. It was started to meet the requirements of public sector enterprises in terms of research, training and consultancy. The Institute started a part-time MBA (PE) in 1981 to serve officers of the public sector and industry who wanted to upgrade their academic qualifications while working.

IPE has not just met the basic mandate but over the decades has transformed into a full-fledged B School with a high ranking under the NIRF — a testimony to the culture of change, innovation and performance of the students and faculty. It is among the top 3 in Telangana state and the top 13 in South India, and has an all-India NIRF ranking in the top 125 B Schools.

WIDE CURRICULUM

The institute offers a range of AICTE-approved PGDM programmes that are equivalent to MBA. The main ones are:

PGDM – Post Graduate Diploma in Management, PGDM – Banking & Financial Services, PGDM – International Business, PGDM – Marketing Management, PGDM – Human Resource Management

The total intake of these programmes annually is 555. At any time of the year, the campus strength will be 1,100 students in the two-year PG programmes. The IPE has a faculty strength of 56, full time. 95% of them are PhDs and most of them are experienced in their fields of specialisation, which gives a distinct edge over many other B Schools, says Prof S Sreenivasa Murthy, Director. During the past 59 years of its existence, the IPE has trained many senior government officers through short-duration Management Development Programmes (MDPs).

It has conducted nearly 1,300 programmes, training around 46,000 practicing managers in various fields. In addition, the IPE has been undertaking research, training and consultancy projects for the Union Ministries, state governments and PSUs. The ICSSR has recognised it as a Centre of Excellence. The Institute has CoEs in Corporate Governance, Corporate Social Responsibility (CSR) and Centre for Sustainability and Development (CSD), whose expertise translates into an advantage in bagging lucrative and prestigious projects and consultancy from the government, public sector and the industry. One recent example is the IPE being selected among three Indian Institutions to do a capacity building project for the tourism sector by the European Union (EU). The EUfunded project is ongoing now.

NEW CAMPUS

The IPE management built a modern campus in 2014 on the outskirts of Hyderabad. Within a few years, the campus has come alive with spacious, modern buildings, highquality IT facilities and software, and well-equipped AC rooms in hostels separately for boys and girls. The wellequipped and tranquil academic environment is welcoming to students, research scholars and faculty. IPE is home to an academic and administrative building, a modern library, an auditorium, a food court, an indoor stadium, a variety of sports facilities, etc. The Knowledge Centre on campus boasts of 5,000 journals and 40,000 books. Right from the beginning, research, publications and a quality-centric approach to teaching have been the pillars on which the Institute has been focusing. It is a matter of pride that the IPE is able to bring out 7 research journals of quarterly and half-yearly periodicity now. The faculty are involved in the publication of books and articles in Scopus ABDC indexed journals. The faculty are provided incentives for their publications.

PLACEMENTS, ALUMNI

The Post Graduate Diploma in Management (PGDM) programmes at IPE are designed to have an impact on multiple stakeholders with varying expectations at the local, regional, national and global levels. Aside from academic, intellectual and financial benefits, IPE’s PGDM programmes are designed to impact societal, business and regional eco-system activities too, says the Director. The Institute has more than 12 student clubs and one club for each functional domain such as Marketing, Finance, HR, Operations, etc. In line with ‘Startup India’ and Entrepreneurship Development programmes of the Government of India, the students are encouraged to organise an annual entrepreneurial event called ‘Startupedia’ to nurture their innovative ideas. Every week, there is a guest speaker from the industry who will deal with various aspects of the corporate world’s requirements and challenges.

Another interesting feature of the IPE is the diversity in both students and faculty. The students represent different parts of India. The institute offers excellent scholarships for deserving students from many different backgrounds. There is a separate merit scholarship criteria for students of SC/ST/ OBC backgrounds and highly talented students in sports, arts, etc. There are also scholarships for students from designated states such as the North-Eastern States, J&K and Ladakh.

The Board of Governors includes renowned policymakers, industry leaders, academicians and start-up promoters, and is headed by K Madhava Rao, IAS (Retd), former Chief Secretary and Election Commissioner, Govt of Andhra Pradesh. The stakeholders, recruiters and alumni are involved in curriculum development, and from admission to teaching. In short, at all stages of the academic cycle. This ensures that the students get the best and the industry gets well-trained management graduates as per their requirements.

TOP PLACEMENTS

This approach has been showing positive results as indicated by the performance of the students and alumni. The record in placements is another indicator. In the latest 2021-23 batch, 95% of the students have got campus placements while the remaining joined their family businesses. The highest CTC package was Rs 24.75 lakh while the average salary was Rs 7.5 lakh. Incidentally, the entire cost of the programme (tuition fee) is Rs 8 lakh, which indicates an excellent RoI for the students. More than 100+ recruiters visit the campus every year, which includes top-tier corporate and consulting firms, resulting in multiple offers and high CTCs for students.

The institute has a strong alumni network which helps in placements and internships. Started with the first batch of management in 1995, the network is going from strength to strength. It is important for students aiming for a successful career to be able to recognize a reliable institution. That’s where IPE makes the difference. It strives to provide management education that is a step above the rest with a quality-centric approach. The IPE is looking ahead to further improving facilities on campus and adding a variety of PGDM programmes such as PGDM in Business Analytics and Data Science in the near future. The final goal is to provide high-quality education at an affordable fee, says the Director