Indore : To be a teacher at Indian Institute of Management Indore, the requirement of a PhD degree is no longer compulsory!

One can be a faculty of this elite b-school even with a master’s degree with minimum 60 per cent marks subject to a condition that the candidate has at least 15 years of managerial or professional experience from a reputed company.

Unable to find competent teaching staff, the IIM Indore has decided to turn management professional into teachers.

It has created a unique post of ‘Professor of Practice’ and invited applications from experienced management professionals to be a part of the institute in the form of Professors of Practice. Candidates selected for the position are expected to join the institute on a full time basis and involve themselves fully in Institutional activities.

“Preferred academic qualification for Professor of Practice post is an MBA or equivalent from a reputed national or international institution. However, candidates with non-business degrees such as Master’s in Psychology, Master’s in Social Work, CA, etc would also be considered,” said Dr Akhtar Parvez, media in-charge of IIM-I.

He clarified that this position is a contractual one for a period of one year, renewable every year based on performance, up to a maximum of three years.

Gross emoluments for this position has been at a handsome amount of Rs 1,31,900 PM, including HRA but the institute said that the salary is negotiable.

“The scale of pay is indicative. IIM-Indore would be happy to consider an appropriate salary for the deserving candidate,” Parvez said. Selected candidates is expected to teach in different programmes as per the norms of the institute, case writing, consulting, promoting industry-institute linkages through consulting assignments/ MDPs and involvement in placement activities.

Last date to apply for the post is September 16.

Why this new concept?

The IIM Indore has to come up with this unique concept of “Professor for Practice” as it faces huge dearth of teachers and all efforts to find competent teaching faculty proved futile. The requirement of teaching staff at IIM Indore is huge as it offers one of the biggest PGP batches in the country and runs innovative programmes including country’s most sought after course — Five-year Integrated Programme in Management (IPM).

Besides, it also has study centres at Mumbai and Dubai from where PGP and other programmes are offered.

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