The objective behind the museum is to inspire the aspiring business entrepreneurs in the country and show them the path to success through innovative ideas, diligence and perseverance. India in the pre-liberalization days was a victim of trade barriers and restricted trade policy.
IIM-K has requested around 100 CEOs and leaders of major business houses including Tatas, Ambanis, Birlas for their humble contribution to this museum. Most of them are expected to contribute to the museum. The Institute will formally open the museum on its Foundation Day in 2011. The initial investment for this project is estimated to be around 'one crore'.
According to Prof. Debashis Chatterjee, IIM-K Director, "Acknowledging the landmark achievements that has been scored by esteemed corporates over the past several decades, and the invaluable contributions that have been given to our country, it is our earnest wish that these corporates participate in the making of this museum, by contributing some significant historical objects and artifacts for which due acknowledgement will be attributed to the organization," he said.
He further added, "It is our endeavor to consolidate and conserve the rare treasure of India's invaluable wealth, the memorabilia of Indian Business History for our posterity."
The Institute desires to, for an instance an original letter written by JRD Tata or a pen used by him that has had a significant impact on India's business history to feature in their museum.
IIM K is deemed to take utmost care and show case these artefacts with professional expertise in their world class library premises. Within a short span of over a decade, IIMK has emerged as a center of excellence in management with a strong focus on global and cross cultural issues addressing both business demands and social concerns. IIM K is now a Centre of Excellence in Academic Leadership as part of the Singh-Obama Knowledge Initiative (SOKI), an ambitious academic leadership programme with Yale University launched in 2010.
Starting in 1997 with a batch of 42 students in its Postgraduate Programme (PGP), the Indian Institute of Management Kozhikode (IIMK) is on a high growth trajectory today, offering widest range of academic programmes in the field of management education.
PGP student's intake for 2009 was 309 students i.e. 5 times in 7 years thus making it the fastest growing management school in the country to reach that landmark. This was done keeping the quality of the programme high, as the Institute continued to maintain its sound placement record, ranking among the top 5 institutes in the country in 2008. IIMK pioneered Interactive Distance Learning (IDL) for working executives in India.
The Institute is today leader in Faculty Development Programmes (FDP) and is the major QIP (Quality Improvement Programme) Centre of the All Indian Council of Technical Education, in the field of management education.
A significant step was taken for incubation of a Centre of Excellence jointly with Government of Kerala, which is one of its kinds in India, to help the Scheduled Castes/tribes students overcome their deficiencies in communication, personality, etc.
Spread over about 100 acres of land, the Institute is situated on two hillocks in Kunnamangalam Area of ancient city of Calicut in Kerala, is one of the most picturesque oxy-rich campuses in the country. The world class infrastructure including air-conditioned classrooms, guest care areas and LAN/WAN connectivity enables IIMK to offer a life time experience to a visitor.
IIM K is the first business school in the world to commemorate C.K. Prahalad by creating an endowment in his name. The Institute is expected to generate Rs. 1 crore in endowment fund this year to promote the values that C.K. Prahalad stood for.
