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IIM Sambalpur celebrates its 7th foundation day

Phanindra Pradhan

Sambalpur, Sept 23: The Indian Institute of Management Sambalpur (IIM-S) celebrated its 7th foundation day on Thursday with fervour while strictly following Covid protocols. The ceremony held in the blended mode was graced by Minister of Education, Govt of India, Dharmendra Pradhan, Chairman, Odisha Skill Development Authority, Subroto Bagchi, Chief Corporate Affairs Officer, Flipkart, Rajneesh Kumar and Director of IIM-S, Prof Mahadeo Jaiswal.

In his address, Dharmendra Pradhan said, “The National Education Policy 2020 aims to update, upgrade and upskill our youth. The policy is based on the foundation of accessibility, affordability, equity and quality, needless to say it aims to transform our education system with the emerging dynamics of the 21st century. The National Education Policy is an important step towards an Aatmanirbhar Bharat, I assure you that we are relentlessly working towards making this policy a success. A healthy workforce is only possible when we have a competent workforce of skilled management professionals and I am sure IIM-S will act as a catalyst to fulfil this dream and help excel in nation building to the best of their potential.”

Subroto Bagchi said, “Education is the most important ingredient for nation building, it cannot be trivialized. IIM-S has been on the trajectory to nurture responsible leaders for the future with an entrepreneurial mindset. An educational institute must stand on strong values and IIM-S has been a defining factor in earning that trust. This apart, an educational institution must have a physical as well as digital infrastructure intertwined. Then there is a need for intellectual infrastructure to prepare the students for the future, lastly, and importantly it must have an emotional infrastructure. The duty to build emotional infrastructure lies with the students. I am sure IIM-S will become one of the most memorable institutions in years to come.”

Mahadeo Jaiswal said, “The theme of the 7th foundation day of our institute is ‘Indian Culture’ which has great diversity but is very innovative, inclusive and with high integrity. Our values are very much aligned with Indian culture. IIM-S was established in the year 2015 with 49 students in the first batch of MBA and currently, the strength of 6th and 7th batch of MBA is 328. The institute outscored most other top institutes in terms of highest gender diversity in MBA (2019-21) batch with 49 percent girl students and 43 percent girls in MBA (2020-22) and 46 percent in the current year (2021-22). In intellectual capital we started with a faculty strength of three in 2017 to 17 full time faculty members in the current academic year. IIM-S was also decisive in initiating international partnership with a leading six Business Schools of Europe and Asia during the year. We have also set up an incubation centre and currently, seven start-ups are being incubated at IIM-S.”

Rajneesh Kumar said, “This institution is spearheaded by some great minds. As a country that has emerged from the pandemic, it has changed how we perceive businesses and everything else. There have been fundamentals shifts that covid has created in our lives and businesses. It has become evident that companies can no longer operate without considering the larger context. This impacts the way we interact with different stakeholders. We have seen companies and businesses come together and support the government during the tough times of covid. There is a need for businesses to be more responsible and inclusive.”

The foundation day celebration also witnessed awards and felicitations of key achievers from various fields. Indian hockey player and member of the Olympic bronze winning Indian hockey team Amit Rohidas and renowned Sambalpuri singer Padmashree Jitendra Haripal were honoured for their marvellous accomplishments. IIM-S also awarded merit scholarships worth Rs 1 lakh each to the top seven students of second year based on their academic performance in the first year.

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