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| India has around 3000 management institutes, all of them producing “budding” managers. However, we sincerely believe that the future of India as a nation and its people as a society lays not so much in ever increasing number of managers but in developing entrepreneurs. Therefore, since inception, the primary focus of Aravali Institute of Management has been inculcating the “Spirit of Enterprise” in our students; leading to their shaping up as “entrepreneurial” managers. |
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| To effectively achieve the above, spacious fully-residential campus of AIM presently under development on around 100 acres of land at Jodhpur is planned to have the following four main entities : |
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| Management Education Complex |
| Just like any world-class management institute, it is planned to have classrooms, tutorial rooms, faculty rooms, conference rooms, seminar halls, computer centre, library, etc. with all the most modern infrastructure and facilities. |
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| Manufacturing-cum-Services Organisation |
| It is planned to have machines, facilities and infrastructure to manufacture the selected products and provide certain services. While the students will spend 5-6 hours everyday in the management education complex, they would spend 2-3 hours each day in this manufacturing-cum-services organisation. It would be done in rotation so that this organisation is functional for minimum eight hours daily. Also the roles and responsibilities of the students will be changed periodically so that they get real-life exposure and experience in all the functional areas of management. The faculty members and invited experts from the relevant industries would be guiding the students to enable them to deliver the optimal level of performance. |
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| If our students are really shaping up to be successful entrepreneurial managers then under the able guidance of our faculty and outside industry experts, this organisation has to be profitable. Half of the profit is proposed to be distributed amongst the students and faculty, while the remaining half would go to the corpus of the Institute to be invested in its facilities and future growth. For the students, it would meet a part of their study expenses, while for the faculty it would be an additional source of income. In the process, as the active stakeholders, the students and faculty would be keenly interested in ensuring the exceptional operational performance and profitability of this organisation, while maximizing their learning. |
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| Entrepreneurship Incubation Park |
| Here those passed out students (alumni) of the Institute who are seriously interested to pursue entrepreneurship as a career option, they will be provided all the infrastructural facilities and institutional support for a period of 2-3 years till their project concept is ready to be commissioned. This may include choosing of the right products/services, selecting the appropriate technology, arranging the finances, obtaining the statutory approvals, purchase of land, procurement of plant & machinery, recruitment of the manpower, etc. as may be required by the concerned alumnus and deemed appropriate by the Institute. The Institute may also consider providing suitable scholarships to the selected alumni on merit-cum-means basis to meet part of their living and operational expenses so that they can fully concentrate on shaping up of their entrepreneurial venture. |
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| The entrepreneurial alumni will pay to the Institute for the above facilities and support by way of equity in their ventures so that the association and interest of the Institute in the growth of the ventures continues. |
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| Residential Complex |
| This will have the residences for the students, entrepreneurial alumni, staff, faculty, Director and visiting guests. |
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| In addition to the above, at the selected major cities of India, we will have Entrepreneurial Incubation Mentors, who will be the successful first generation entrepreneurs with commitment to develop entrepreneurship in India. They will provide the mentoring to the entrepreneurial alumni and also take care of office space for these alumni with required infrastructural support and boarding & lodging during the mentoring period. In addition, we may also engage the proclaimed small scale sick (BIFR) units for turningaround these with the help of our students, in the process providing the students with the challenges and opportunities of having unique entrepreneurial learning experiences. |
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