IIMs are busy updating and revamping the existing curriculum for their two-year flagship post-graduate programme (PGP). They typically conduct a comprehensive review of the syllabus every 3-4 years to incorporate developments and changes in industries and the economy.
IIM Calcutta (IIM-C), for instance, has used feedback from its students and companies to plan and develop new courses. These courses would be implemented from the current academic year. For financial modelling, IIM-C plans to invite faculty from US-based business schools.
IIM Indore, on its part, has rejigged its curriculum. This academic year onwards, all the compulsory courses in PGP will be a part of the first year syllabus while the second year will be more elemental.
The rejig in curriculum is based on the inputs the institute collected from leading business schools abroad. Likewise, IIM Kozhikode intends to have more optional courses and less core courses. The institute plans to implement the revised curriculum from next academic year. IIM Lucknow (IIM-L), on its part, is in the process of updating its syllabus which would reflect reality and would be more issue-oriented. It will also include courses on ethics. From this academic year, it is introducing new courses and topical workshops. IIM-L consults its alumni and faculty to revamp its syllabus.
IIM Bangalore, too, is reviewing its curriculum. It wants its courses help management graduates tackle future business agendas. IIM-A, which revamped its syllabus recently, has introduced the slot system (instead of the term system) to ensure greater flexibility. The institute has also made ethics a compulsory course for the first year students.