INDIAN INSTITUTE OF MANAGEMENT AND COMMERCE (IIMC) was founded in the year 1973 by Vasavi Foundation (settled by Vasavi Seva Kendram and Vysya Hostel Trust Board) with B.Com (Hons) Degree. Several eminent persons belonging to Vysya Community such as Sri K. Seethaiah Gupta, Sri G. Narayana Chetty, Sri C. E. Gupta, Sri Dundoo Balnarsiah, Sri V. Lingiah Gupta, Sri C. Som Raj Ram and Sri V. Durvasulu Gupta were instrumental in the establishment of the Institution.
After taking into consideration, his academic credentials (he being a gold medalist in M.Com and LLB having secured First Class First and having been in the field of education), elders have decided that Sri C. Som Raj Ram garu would be the best choice for the post of Hon. Secretary. Accordingly, he was unanimously elected as the Hon. Secretary of the college and the Secretary would function as the correspondent of the college.
The first Board of Governors included some eminent civil servants such as Sri M. V. Rajagopal, Sri Rammurthy and Sri Rameshan who were also the Secretaries of Education at one time or the other.
The Hon. Secretary and Correspondent and Rector Sri C. Som Raj Ram and elders such as Sri C. E. Gupta have taken great care in finding the right man for the post of Director of the Institute. The former Registrar of Andhra University Dr. K. V. Gopalaswamy, who was well known for his administrative abilities was appointed as the Director of the Institute.
The Correspondent and Rector, who himself was associated with the department of commerce, Osmania University for over 10 years as a faculty member and who was the Principal, Kamala Nehru Politechnic at that time, selected the teaching staff with great care in consultation with other elders.
Sri B. R. Rao, an eminent teacher in Accountancy and Audting, who retired from Nizam College, Hyderabad, was given the position of Head, Department of Commerce. As an Osmanian, Sri C. Som Raj Ram, selected eminent scholars such as Acharya Divakarla Venkatavadhani, Prof. Afzul Mohammad, Prof. Nagaraj and Dr. Soundar Rajan to teach in the college as visiting faculty. Thus, the Hon. Secretary and Rector took great care in selecting the faculty in consultation with the Director and other elders and laid solid academic foundation.
The college was admitted into grant-in-aid in the year 1980 and it was admitted into Sec.2 (f), 12-B of University Grants Commission in the year 1994. Gradually, several new courses such as M.Com, B.C.A., B.Com (Computers) and B.Sc (Computers) were introduced. Hundreds of alumni of the college have become Chartered Accountants, Cost Accountants and Company Secretaries. Several students have become successful businessmen. Some of the alumni of the college such as Karan Bilimoria (Asian of the Year 2002 and founder of Cobra Beer) have become famous across the world.
Some of the Outstanding Alumni of IIMC
Mr. K. Durga Prasad (IPS, IG Intelligence), Mr. Sree Kumar (BCom(Hons.) ACA, ACS, ACWA, LLB), Mr. Abhiram (8th ranker in CA exam.), Mr. C. Prasanna Kumar (Director, GMR Group), Mr. B. Yateender (Satyam Computers), Ms. Sandhya (IIMA), Mr. K. V. S. Chowdary (IIMA), Mr. Emmaneul Murray (IRMA), Mr. Sainag (IIM), Mr. Venket Krishnan (IIM).
The college was ranked 10th in the country by 'India Today' in its survey in the year 2002 and it has established itself as a premier institution in field of commerce education in the country.
|Course Name:||M. Com.||B. Com.||BBA||B. Sc.|
|Duration:||2 Years||3 Years||3 Years||3 Years|
|Affiliation:||Osmania University||Osmania University||Osmania University||Osmania University|
|Fees:||As alloted by the University||As alloted by the University||As alloted by the University||As alloted by the University|
|Seats:||As alloted by the University||As alloted by the University||As alloted by the University||As alloted by the University|
10+2 with PCM
|Mode of Learning:||Regular||Regular||Regular||Regular|
|Course Category:||Post Graduate||Under Graduate||Under Graduate||Under Graduate|
There are two full-fledged Computer Labs.We have 100 Pentiums (all are branded Computers like DELL, IBM, HCL) with networking, to cater to the requirements of Commerce and B.Sc Students.
It is undoubtedly first of its kind and for that matter a pioneering venture on the part of the college. It has won the hearts of commerce students and encomiums of O.U. Commerce Department and other concerned with Commerce Education. The Lab was inauguarated by O.U. Vice-Chancellor, Dr.Tirupati Rao and attended by Departmental Professors. The Vice-Chancellor was greatly impressed with the Lab facilities and hence complimented the Management by stating that this particular lab can be rightly act as a 'MODEL' to all colleges imparting Commerce Education under O.U. jurisdiction. If Science courses have Labs, Commerce Courses can also boast of Commerce Labs. This might encourage students to opt for commerce courses.
Let it be declared: Our Commerce Lab is a "Model" to all colleges.
Utmost importance is accorded to the Library in order to facilitate academic-oriented staff and students to update their knowledge in their chosen field. Academic ambience is paramount for the development of intellectual aspiration, next only to class-room activity.
The college has a rich collection of books and Journals,which includes reference books in all the subjects, business oriented literature like Economic Surveys, Plan Documents and Special Committee Reports. Incidentally the Library provides reading facility for both the staff and students.
As the adage goes: Books are gates to lands of pleasure; and books are keys to wisdom's treasure.
Vasavi Club, Hyderabad - Reading Room:
The growing student strength of the college, year after year, brought out the inadequancy of space and furniture. It therefore became imperative to establish a separate Reading Room with sufficient space and good ventilation. This has provided additional facility to Library Staff, Teaching Staff and Students. The reading room is well-furnished with large shelves for Periodicals, News Papers-National and International, both in Telugu and English languages.
One more feather in the cap is the installation of 50 KV Generator to overcome the short and infrequent supply of electricity by providing 100% back-up to the institution.
The College is admitted under section 2F and 12B of UGC Act and has been receiving developmental grants since eigth plan for the library, audio visual equipment and building.
Career-Oriented Courses(UGC Sponsored):
Globalization of education and economy had led the University Grants Commission(UGC) to re-orient and reshape its policies and programmes to make the current Indian Higher Education system more relevant and career-oriented with focus on quality and excellence.
The main objective seems to be to introduce career and market-oriented skill-enhancing add-on courses that have utility for job, self-employment and empowerment of the students. At the successful completion, the students will be equipped with a Certificate in an add-on orientation course along with a conventional degree in Science/Commerce.
The college stated the following courses from the academic year, 2010-11 with an intake of 40 students in each course from the degree first year students:
1.Certificate Course in Event Management and
2.Certificate Course in Investment Management & Stock Market Operation
This is a golden opportunity for students who cannot afford to lose and hence they should join the UGC sponsored career-oriented course, which is basically an add-on course while pursuing simultaneously their respective Degree level education.
Jawahar Knowledge Centre(JKC):
Government of Andhra Pradesh has established Institute of Electronic Governance(IEG) to promote JKCs in the colleges. IIMC has registered for JKC in January 2008. Jawahar Knowledge Centre is an initiative from the Government of Andhra Pradesh to train the degree students in the areas of English Communication, Reasoning & Aptitude, Computer Skills and Interview preparation skills. The objective of this programme is to increase the employability of the students by the time they complete the Degree.
Games / Sports:
The institute arranges and provides for all indoor/outdoor games, to the extent possible. The candidates admitted under sports quota as per the rules must execute a bond to the effect that they will participate in the games in which they have the proficiency.
Vasavi Seva Kendram Gold Medal and Scholarships:
To encourage the candidates of B.Com.(Hons) Degree and to create a healthy and competitive academic climate and also to develop the spirit of excellence, the management has instituted a Gold Medal to be awarded to the Candidate who secures highest aggregate marks in one attempt and stands first in the Annual Exams conducted by the Osmania university. Gold Medal contains the inscription Vasavi Seva Kendram Gold Medal with a logo of Osmania university.
Vasavi Seva Kendram Scholarships for Students:
Vasavi Seva Kendram, the parent body has resolved to award scholarships to the toppers in each course in the previous University Examinationa. They have resolved to give Gold Medals and Rs.1,116 cash award to the toppers of all colleges offered by the college. This kind and generous gesture has increased the responsibilities of our college staff in maintaining excellent standards of teaching and dissemination of knowledge sa as to encourage the student community and enthuse them in quality education.
Challa SomRaj Ram Auditorium:
This auditorium, named after our College Secretary and Correspondent Sri.Challa Somraj Ram garu, the munificent donor, takes a place of pride for all activities in the college. Architecturally well-designed, well-decorated, it can accommodate 200 students. Its ambience is at once charming and attractive and hence it becomes a hub of academic, cultural and social activities.
Water Cooler with Aqua Guard:
As a measure of students' welfare activity a Water-Cooling Machine with aqua guard has been installed by Vasavi Club, Hyderabad, in the college campus.
Vasavi Club, Hyderabad, E-Library:
E-Library is a new curricular concept in the educational campuses throughout the world. It is a global phonomena, started by American Educational Campus, which has caught the imagination of Academic circles all over the world.
Our Institution, probably the first in the entire State, welcomes this novel concpet so that our students march with this times. We are indeed very happy to open E-Libarary in our campus with the active assistance of TPED(Newyork Foundation and also with the co-operation and co-sponsorship of Vasavi Club, Hyderabad which is rightly named Vasavi Club - Hyderabad, E-Library.
The E-Library concept is:
Just Click the Mouse and enter into the World of Books!
E-Library is undoubtedly revolutionary in academic pursuit as the dependence of students on formal methods of education becomes less and less and allows them to acquire wider knowledge so that all other methods become superflous and unnecessary.
It is sincerly hoped that our students and staff will greatly benefit by the establishment of this Library based on Electronic Key-board system and learn the Fundamental Truth:
Books are gates to lands of pleasure And books are keys to wisdom's treatment.
Hostel accomodation will be provided to all the outstation students, in Vysya Hostel on first- come first- serve basis.
Several Students of the college have achieved success in their chosen fields - be it business, Chartered Accountancy/Cost Accountancy/Compny Secretary profession or Govt.Service.
Sri Karan Billimoria (LORD Karan Billimoria)is an outstanding businessman who won several awards for excellence in business. Sri Abhiram secured all India first in C.A. foundation, 4th rank in C.A. inter and 8th rank in C.A. final. He did his MBA from IIM Bangalore recently and joined an MNC as consultant. Sri Durgaprasad(IPS) presently IG of police is an outstanding police officer. Sri C.Prasanna Kumar who did his M.B.A.(Finance) in USA has been with the GMR group who was instrumental in getting a donation of Rs.10 lacs from GMR foundation for the construction of class rooms.
Our students have achieved many distinctions in the field of education, sports, extra-curricular and cultural activities. The very fact that many software firms and corporate bodies have evinced great interest in selecting our students to join their bodies with better emoulments and job prospects indicates the calibre and merit of our students.
The very fact that the college established a Placement Bureau for the purposes of recruitment and employment goes to prove our sincere resolve to improve academic standards aimed at providing the right kind of career incentives.
Admissions into reputed business schools.
Some of our students have been admitted into reputed business schools such as IIMs/IRMA/XLRI and several students have successfully completed CA,ICWA and ACS.
List of Companies visited IIMC for Campus Placements.
# Company Name
10. FUTURES FIRST
12. EARNEST & YOUND
13. MAHENDRA SATYAM
14. FRANKLIN TEMPLETON
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