Courses are designed to improve professional development by focusing education benefits on the specific needs of market and its people. The course strengthens knowledge and advances careers.
The turnaround of the IICA was completed during 2019-20 and the IICA has become self-sustainable and a surplus revenue of INR 15.26 cr. was generated. This was largely a result of completely implementing the 9-Fold strategic plan in the past three years. What is noteworthy is that we could generate the surplus during pandemic times.
The foundation of IICA rests on the activities of the niche centres. The Centre of Independent Directors is operating the Independent Directors Database portal - a one-stop-shop for registering independent directors, building their capacity and connecting them to companies looking for independent directors. The Centre earned revenue of INR 15.94 cr. The Centre of Insolvency and Bankruptcy organizes the Graduate Insolvency Programme - a two year first of its kind course in the country. The Centre earned an income of INR 4.03 cr. The Centre of End-to-End services in CSR provides a complete range of services connected to CSR to corporates. Another is the Forum of Indian Regulators Centre (FOIR) focusing on market regulation. The IICA has also started a new valuation programme. The other niche centre is the Centre on Business and Human Rights (ESG) and a unique capacity building programme was undertaken by this centre.
The routine bread-and-butter activities of the five existing schools continued even during pandemic times and all the Schools were able to complete their short and long term programmes by relying on digital technology. Some of the key programmes were - advanced long term porgrammes in corporate governance, competition law, corporate law and insolvency law. In addition several short term management development programme were also undertaken. The IICA also works as an agent to Government and was able to successfully complete the second cycle of the National CSR Awards using virtual tools during pandemic times.
The IICA has gone completely digital in all its operations and developed an expertise in virtual class pedagogy, remote proctored testing, etc. using artificial intelligence. The new doctoral programme in association with Gurugram University was also launched. The IICA also started to publish the Journal of Corporate Affairs. The IICA is future ready to move into the leapforward stage following the breakthrough achieved during the past three years.
IICA is a research-intensive institution with a rich research heritage. Several Centres and schools have been incorporated at IICA that work rigorously in direction of conducting research and facilitating interdisciplinary research programs.
Shri Praveen Kumar, Director General & CEO, IICA, along with Shri Ravi Mital, Chairperson, IBBI launched the prospectus for the Graduate Insolvency Programme for the Academic Year 2023-25. Dr. K.L. Dhingra, Head, Centre for Insolvency and Bankruptcy, IICA, Dr. Ghayur Alam, Director, GIP, NLIU, Bhopal and other dignitaries were also present at the launch event which took place at the premises of IBBI.
Shri Praveen Kumar, Director General & CEO, IICA hoisted the Indian National Flag on 74th Republic Day at the IICA Campus.
Shri Kumar expressed his thoughts about the significance of Republic Day celebration. The speech was well received by the audience with applause and appreciation.
The National Academy of Legal Studies and Research (NALSAR) signed a MoU with the IICA to collaborate for offering Courses, Research & Publications, Advancement of Knowledge, Capacity Building, Awareness and Advocacy. The MoU was signed by Shri Praveen Kumar, Director General & CEO of the IICA and Prof (Dr.) V. Balakista Reddy, Vice Chancellor (I/C) & Registrar, NALSAR.
With ever evolving markets the career paths and workforce needs are also evolving. We at IICA ensure that no matter where a learner is on their educational or professional journey, we're committed to helping them reach their goals.
IICA ensuring holistic development of students provides a range of opportunities outside the classroom as well - be it industry attachment, cultural activities, entrepreneurial pursuits and other academic symposiums. IICA offers its students opportunities to interact with world class leaders and subject experts.
The proposal for setting up IICA was approved by Planning Commission in the year 2007. It was established in 2008 at Manesar, Haryana. The campus is spread across 14 Acres. It houses the training academy of top Cadre of Indian Corporate Law Service. It is the only institution in the country authorized by IBBI to run its Flagship Graduate Insolvency Program.
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