Sambalpur, Aug 28: After introducing Executive MBA degree programme for working professionals in the month of March this year, the Indian Institute of Management Sambalpur (IIM-S) on Saturday welcomed its first Executive MBA batch through a virtual inauguration programme.
Altogether, there are 54 students in the first batch of the two-year programme. The students have come from diverse sectors including banking and finance, IT & ITES and manufacturing. The average work experience of the students is 9.7 years and they are working as mid to senior level executives in their respective organisations. There are two students from Germany in the first batch.
The two-year degree programme will follow the institute’s innovative experience learning through flipped classroom pedagogy in blended mode (mostly online). The classes will be held on weekends and weekday evenings. The programme has been designed to provide candidates with rigorous, cutting-edge curriculum to build responsible leaders with entrepreneurial mindset.
Speaking on the occasion, Director of IIM-S, Prof Mahadeo Jaiswal said, “The role of IIM-S is to build entrepreneurial capacity so as to create wealth for our country and our society. Our unique proposition is to nurture a larger number of start-ups and entrepreneurs across the country. Hence, we encourage our young MBA students to align themselves with our vision and participate in executing the same. We desire you to acquire the skill and capability to create for the organisation and yourself.”
Chairman of Mahindra Insurance Brokers Ltd, Mahindra First choice Wheel Ltd & Mahindra Steel Service Centre Ltd, Rajeev Dubey said, “In this new normal what organisations require is proactive decision making at various points of the value chain which means the concept of leadership has to change. We have to go to what is known as distributed leadership. In addition, there is a requirement for a deep connection with stakeholders, especially the consumers and that requires empathy and extreme care.”
Director-HR, Samsung Electronics, Sandeep Tyagi said, “The speed at which business has transformed has made digital become the key enabler. Some of the statistics tell us that by 2025 there will be 900 million active users of internet customers in India and the third largest online shopping country after the USA and China. The pandemic has changed the human experience, buying and using behaviour. The onset of Omnichannel mode of selling (a combination of Online and Offline mode) from digital to phygital is the new mantra. It connotes that digital is going to be synchronised with offline mode of selling. India is expected to add 140 billion turnover in terms of online shopping.”