The decade following independence in 1947 was witness to a surge of innovative ideas to build a fledgling independent nation into a model democratic state committed to growth with equity. The establishment of the Indian Institute of Management Ahmedabad (IIMA) in 1961 was the outcome of one such innovative initiative. ‘Vidya viniyogadvikasa'— ‘development through the distribution or application of knowledge': this is the motto which has guided the IIMA since its establishment.
Faith—in the concept of faculty governance, in faculty and staff empowerment, in the institute's ability to provide education of the highest quality, in ideas like autonomy and self-regulation and in the value of alumni as ambassadors of the institute—was the keystone on which the institute was built. IIMA collaborated with the Harvard Business School for an initial five-year period.
IIMA was set up as an institution that would be managed by a Society, the IIMA Society, created under the Societies Act. The Institute was to be run by a Board of Governors, constituted by the IIMA Society; the Board would have representation from all the relevant constituencies so as to reflect the multifarious needs of a developing nation.
IIMA has been consistently ranked as the premier management school in the country by several national agencies and international rankings. IIMA, since its early years, has engaged with sectors like agriculture, education, health, cooperatives, transportation, population studies, energy and public administration.
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Ahmedabad, also known as Amdavad is the largest city and former capital of the Indian state of Gujarat. It is the administrative headquarters of the Ahmedabad district and the seat of the Gujarat High Court. It is located on the banks of the Sabarmati River, 30 km (19 mi) from the state capital Gandhinagar, which is its twin city.
Ahmedabad has emerged as an important economic and industrial hub in India. Cricket is a popular sport in Ahmedabad, which houses the Sardar Patel Stadium. The effects of liberalisation of the Indian economy have energised the city's economy towards tertiary sector activities such as commerce, communication and construction. Ahmedabad has a hot, semi-arid climate. Aside from the monsoon season, the climate is extremely dry. The weather is hot from March to June(43 °C - 24 °C) and winter from Nov to Feb(30 °C - 13 °C).