Name of the Organisation : Institute for Financial Management and Research ( ifmr.ac.in )
Name of the Post : President

IFMR Career Page : http://www.ifmr.ac.in/careers.html

Job Details :
IFMR is a four decade old academic institution with emphasis on high quality research, training and teaching in the areas of finance, management and development. IFMR has a faculty of 22 and a student body of 240. Over the last five years, it has recruited faculty with PhDs from University of Wisconsin, Northwestern, Harvard, Stanford, Case Western, Utah State University, University of Minnesota, Rutgers University, University of California, Santa Cruz. Three two year courses for the Post-graduate Diplomas in IFMR - General Management, Financial Engineering and Development and Sustainable Finance are presently taught at IFMR. The diplomas and courses have been approved by the All India Council for Technical Education (AICTE) and IFMR has a stellar placement record of its graduates. Since 1988 it has also offered a rigorous PhD program. IFMR has a very significant expansion plan with a new campus planned and student capacity expected to grow to 500 in the next 5 years.

IFMR has several active research centers which include Centre for Advanced Financial Studies (CAFS), Centre for Micro Finance (CMF), Centre for Development Finance (CDF), Small Enterprise Finance Centre (SEFC), and J-PAL South Asia (J-PAL South Asia).

IFMR is looking for a dynamic person to head the institute, designated as President. The primary objective for this individual would be to review, articulate and implement the medium term vision for IFMR, make changes as felt necessary in a consultative process with IFMR stakeholders with the ultimate goal to make IFMR, a leading, global financial research and Management Institute using IFMR’s research and teaching strengths as building blocks. To this end, he/she will serve as a senior management resource to strategize IFMR growth plans and achieve research and teaching targets. The candidate has to be dynamic and farsighted but also be realistic in understanding of how to build on IFMR’s current strengths and addressing its weaknesses in a time-bound fashion. He/She has to be outstanding by global standards and exemplary in all respects. IFMR will competitively reward the chosen person.

President responsibilities :
The President serves as the Head of the Institute and reports to the Board. Specific responsibilities include :
Create and manage an administrative structure that enables smooth functioning of the Business School and its research centers. This will include setting up an effective system of shared governance that ensures that all faculty and researchers have a stake in building the reputation of IFMR as a globally competitive research and teaching institution without compromising a clear decision structure with the President as its head with the ultimate responsibility for making the decisions and be held accountable for them.

Ensuring high quality of academic courses, identifying of teaching needs and ensuring recruitment and retention of world class faculty.
Taking active initiative in raising funds from private, public and non-profit sectors. Identifying and implementing a strong role for research centers in achieving this.

Liasing with student recruitment partners to ensure highest quality of curricula and strong placement record.
Overseeing the implementation of the annual financial plan of the Institute and is the primary spokesperson.

Prerequisites for President position :
Essential Qualities :
PhD in a degree relevant for Research oriented Business School

Preferred Qualities :
Experience of academic administration either as faculty or administrator
Strong research profile with significant publication record
Extensive existing relationship with large funding bodies
Knowledge of Indian Business school administration and teaching needs
Deep knowledge and understanding of India’s industrial, management, education and government sectors

The successful candidate will demonstrate the following :
A clear vision for the future of the school and its place within the Indian and international research, business, education and government environments.
He/she will understand what is needed to attract and retain world class researchers and how to manage communications between researchers, administration and funding bodies.
He/she will show a willingness to work with faculty to design and launch innovative and relevant curricula, which will enable top placements for students.
He/she will also show a strong commitment to shared governance and a collegial working environment.

IFMR Board has constituted a Presidential Search Committee under the Chairpersonship of Dr. Rohini Pande, Mohammed Kamal Professor of Public Policy, Harvard Kennedy School with Dr. Nachiket Mor, Chairman, Sughavazhvu Healthcare and Mr. Narayan Sethuramon, Managing Director, WS Industries Ltd. The committee will welcome applications from qualified candidates. It will also consider potentially available outstanding candidates even if they do not apply.

To apply :
To apply, submit a CV as soon as possible, via email to : registrar@ifmr.ac.in. Applications will be considered on a rolling basis.

Address :
Institute for Financial Management and Research (IFMR)
24, Kothari Road,
Nungambakkam,
Chennai - 600 034,
India.