CIMP (Chandragupt Institute of Management Patna) was formally inaugurated by Vice-president Mohd Hamid Ansari .CIMP is being developed on the pattern of Indian Institute of Management (IIM)-Ahmedabad.
The institute, being developed with monetary support from the government, is due to start its session from July. However, chief minister Nitish Kumar said there would be no government interference.
The first batch would have 60 students for the PG management course. It is mandatory to have 50% of the students from Bihar. Institute director Mukunda Das, who has been selected on advice from IIM-Ahmedabad, has already completed the admission procedure. CIMP has started the journey towards its goal with the launch of its flagship programme — Post Graduate Diploma in Business Administration — a two year fully residential programme for graduates of any discipline desirous of a career in management.
One of the main objectives of the institute is to help in economic and industrial development of Bihar, while fulfilling its role of training management professionals nationally.
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