KERALA

Farook Institute of Management Studies (FIMS)

Management education in India has undergone a sea-change in recent times. The real challenge for medium sized b-schools in the country is the need to continually enhance value addition through scientific and objective appraisal of contemporary relevance, quality, and deliverables. The challenge will encompass bridging (or narrowing, at least) the wide gap that exists between national level institutes vis-À-vis medium-sized b-schools within a shortest possible time span.

Focus areas to meet the seemingly formidable challenges in this direction encompass identification, selection and retention of superior intellectual capital and talent to provide world-class, value-based education. Management faculty must have a proper mix of competences and conceptual clarity coupled with substantial experience in application of management tools and techniques in actual business situations as well as successful track-record in industry. Quality of the faculty and education imparted by these b-schools are main criteria by which effectiveness and efficiency of a b-school is judged. Happily, FIMS steadily enhanced its faculty resources by inviting people with exceptional academic achievements who made outstanding contributions to industry, business and consulting in India and abroad.

FIMS package of educational interventions include hands-on experience by facilitating a process by sending them to leading manufacturing and service companies across the country on various project assignments. Moreover, FIMS students go through a comprehensive 7-day Survival Skills Training and a 30-day Foundation Program before inducted to the full-scale MBA Program. Several super-speciality workshops and foreign language courses are other attractions at FIMS.

Among major highlights of FIMS MBA Program is a 10-day Management Study Tour to Ahmedabad, known as Management Capital of India, where students interact with outstanding educationists, experts and practitioners. The students visit several modern state-of-the-art industries in Gujarat and gain insights into management practices and systems. Besides they attend management conference(s) led by top professionals from industry and business. A major yardstick for measuring effectiveness of a b-school is its performance on the placement front. FIMS has to its credit a record 100% placement in first batch (2005-2007) with corporate houses like Air India, Aditya Birla Group and others selecting its graduates for pursuing exciting managerial careers.