objective is to establish itself as a leader in management research in
India. To achieve this, a comprehensive research strategy has been put
in place relating to:
- Attracting and hiring full-time faculty with the potential to do meaningful research that will be recognized by their peers
- Providing faculty with the working environment, funding, mentorship
and other support so they can realize their full potential as
researchers in their respective fields
- Ensuring that the research supported by IIMU is effectively and widely disseminated
- Establishing institutional collaborations and joint programs inside and outside India
Support for Research
IIMU's research strategy comprises a range of policies, incentives and funding including:
- 50% of faculty workload allocated for research. Upon request, faculty members also have the possibility of receiving
reduced teaching assignments to accommodate their research projects.
- Seed money grants to the faculty of US $5,000 per project. Two projects get automatic approval per year and faculty can apply for additional grants for subsequent projects.
- R&D Discretionary Fund/Faculty Development Fund –
an annual development allowance of US $5,000 is provided for each
faculty member for attendance at national and international conferences
and other research-related travel.
- Research Incentive Plan – Publications in journals
are incentivized monetarily with up to Rs. 12 Lakhs for articles in
journals recognized as top in their field (see the list of A category
- Creation of the IIMU Research Chair designed to
recognize and reward outstanding scholars who are acknowledged by their
peers as upcoming leaders in their field. The Research Chair is open to
faculty members who are already teaching at IIMU as well as guest
faculty. The Chair provides additional grant funding of US $5,000 per
year as well as a waiver on the minimum teaching requirement per
academic year to enable greater focus on research.
- Active mentorship of young faculty by senior faculty.
- Multiple forums for faculty to exchange research ideas and remain informed about their colleagues' projects. A fortnightly internal seminar series provides an opportunity for faculty to present research paper drafts to their colleagues to get internal feedback. A Research Incubation Series (RISE)
encourages dialogue among faculty to share ideas on newly initiated
research projects and possibly spawn research collaborations.
- The Institute encourages faculty members to spend a semester at a
reputed research-focused international university. This would help them
in improving their research capabilities, in building their research
networks and in some cases in pursuing ongoing research projects. In
such cases, the Institute would pay 70% of the cost and the faculty
member would have the option of using his or her annual allowance from
the Research Discretionary Fund for the balance.
- IIMU Research Office –IIMU employs an R&D
Manager who works part-time to provide support and assistance to faculty
and staff on any issues relating to research.
Some of the institutional and corporate collaborations for research and consulting have included:
- A joint research program with Duke University's
Sanford School of Public Policy. Four projects have been undertaken to
date. Discussions are underway to establish a similar program with Purdue University.
- HPCL – IIMU has signed an MOU to provide expertise in the area of HR analytics.
- Genpact – IIMU has signed an MOU to provide knowledge creation in the area of banking.
- Hindustan Zinc – IIMU is in advanced stages of negotiating an MOU for knowledge creation in the area of mining and minerals management.
- Seva Mandir (leading regional NGO) – IIMU is providing advice and assistance on their livelihood initiative.
- At the request of the State Government of Rajasthan, IIMU has prepared and submitted a proposed strategy to improve the quality of higher education in the state
- Sahariya Project – the Rajasthani government has commissioned
IIMU to evaluate this program which provides various types of
assistance to a regional tribe.
Two committees have been established to
promote the research priority of the Institute. The R&D Committee
has primary responsibility for implementing the R&D strategy and
monitoring it on an ongoing basis. It identifies any academic areas
where there are research gaps and creates the enabling environment so
research can flourish. The Knowledge Infrastructure Committee ensures
that the infrastructure needed to support the research activities of the
Faculty is in place, including books, journals, online databases and
other IT support. These committees work under the guidance of the
Faculty Council, a forum of all full-time faculty members.
"A" and "B" Category Journals
IIMU's goal is not just to increase the
quantity of research but to ensure its impact. Research quality must be
recognized by peers in each field and research must appear in
peer-reviewed journals with an emphasis on top journals having both a
theoretical and a practitioner orientation. There are a small number of
journals that are recognized worldwide as exemplars of excellence
within the business and management field (broadly defined) and including
economics and other allied fields. Their high status is acknowledged
by their inclusion as world-leading journals in a number of
well-regarded international journal quality lists.
With this in mind, IIMU has developed a
list of journals categorized as A and B based on rankings used by
well-respected B-schools such as UT Dallas and IIM Bangalore as well as
the FT 45 list and the Businessweek Top 20 list.
All journals in the A category publish
the most original and best-executed research. These journals typically
have high submission and low acceptance rates and papers are heavily
refereed. Journals in the A category generally have the highest
citation impact rates within their field. There are currently 37
journals on IIMU's list of A Category journals.
B category journals publish original and
well-executed research papers and are highly regarded. These journals
typically have good submission rates, are very selective in what they
publish, and papers are heavily refereed. Their citation impact rates are
relatively higher than others in their field. The Institute currently
has 139 journals on the list of B Category journals.