Hyderabad is increasingly being seen as the future hub of management education in South India. Leading institutes and universities are setting up campuses here over the next two years. This is directly connected to four key factors:
1. Hyderabad is quickly becoming one of India’s most important economic centres. It is known for its booming IT and IT Enabled Services, Pharmaceuticals and Entertainment industries and boasts of a presence of many global and domestic ‘brand names’.
2. Over 500 engineering colleges produce close to 1.7 lakh engineering graduates in the State.
3. Hyderabad is ready to focus on management education.
4. The State Government offers quality infrastructure which helps build an ecosystem that enhances the quality of both education and the industry, which complement each other.
The new, state-of-the-art, 30-acre campus of the Institute of Management Technology in Hyderabad is all set to offer management programmes from June 2011. IMT Hyderabad offers the regular two-year, full-time PGDM programme with nine specialisation streams and over a 100 electives to choose from. Each course includes a 14-week, faculty-supervised Industry Internship Programme at the end of the first year. Dedicated placement professionals ensure appropriate placement. Students can opt for international student exchange programme and pre-placement opportunities through their long-duration internships.
“Apart from sought-after elective courses in Finance, Marketing, Human Resources and Operations and General Management streams, our institute also offers cutting-edge electives in Business Analytics, Accounting, Entrepreneurship and International Business. Our 14-week-long Industry Internship Programme is important in the Indian context because it gives students an opportunity to get a holistic view of the organisational processes and also prepares them for their specialisation in the second year,” says Dr.V.Panduranga Rao, Director, IMT Hyderabad.
The institute also proposes to set up three centres of excellence in the areas of Financial Engineering, Business Analytics and Entrepreneurship which will help generate more knowledge, test and validate ideas and conduct contemporary practice-oriented research.
The faculty of the institute bring a rigorous research background and diverse teaching experience at American and European B-Schools to the table. They have consulted with industry and are published in leading journals in their respective fields. “We will invite guest faculty from foreign universities to participate in our regular programmes as well as in its management development programmes,” adds Dr. Rao.
Future plans include setting up a one-year, full-time Executive PGDM for working professionals with over five years of industry experience and short-duration Certificate Programmes in Management in various streams of speciality.
So what does the industry think of all of this?
Mr. Sarath Sura is Managing Director of Hyderabad-based Winzest Edutech Private Ltd., a pioneer in developing and delivering online tutorials for engineering programmes. He welcomes the establishment IMT, Hyderabad. “Hyderabad is becoming a hub for educational institutions specifically for engineering and management education. This will be good for industry. The growth of educational institutions in an area always leads to the growth of industry,” says Mr Sura.
According to him the dilemma faced today is that management education is often just too generic. “Currently there is no difference between a technology graduate and a management graduate. The expectation from a management graduate is that he/she would have a greater understanding of life, broad exposure, an entrepreneurial mind-set and risk-taking ability. An institute should work towards building these skills and attitudes in its graduates,” Mr Sura observes.
In this regard, Mr Sura thinks that the need of the hour is for management institutes to map the needs of the local industry and integrate it into the curriculum. “They need to identify two or three areas that are relevant to the local market and develop their offerings in such a manner that they are known as THE BEST in those areas. This is the need of the hour and not a general MBA.”
Going on to specify, he finds a major void in the area of Financial Analytics in Hyderabad, and besides, “The key sectors in Hyderabad are IT, ITeS, Pharmaceuticals and Infrastructure. If a management institute focuses on the specific needs of these sectors, it will gain the benefit of continued industry patronage. Management of NGOs and rural marketing are also two important growing areas to focus on,” Mr. Sura says.
Institutes must bring in experimentation and innovation in their curriculum and pedagogy, Mr Sura says, “Student internships with the industry are the other area to bring in innovation. Longer duration project-based internships, such as those planned by IMT Hyderabad, will definitely benefit both students as well as industry.”
Institutes need to expose their students to varied business situations, perspectives and contexts. “People who have dared to be different, gone beyond the mould that most people are stuck in, are path-breakers, have different perspectives on life and so need to be involved in shaping and moulding the students,” he points out.
All of the above criteria and more fit easily into IMT Hyderabad’s curriculum. It is on the right track, as these are precisely the foundations that IMT has focused on in their management education.
Contact:
Dr. Lubna Nafees
Institute of Management Technology
ccmrc@imt.edu
+91-120-3002242
http://www.imt.edu/
1. Hyderabad is quickly becoming one of India’s most important economic centres. It is known for its booming IT and IT Enabled Services, Pharmaceuticals and Entertainment industries and boasts of a presence of many global and domestic ‘brand names’.
2. Over 500 engineering colleges produce close to 1.7 lakh engineering graduates in the State.
3. Hyderabad is ready to focus on management education.
4. The State Government offers quality infrastructure which helps build an ecosystem that enhances the quality of both education and the industry, which complement each other.
The new, state-of-the-art, 30-acre campus of the Institute of Management Technology in Hyderabad is all set to offer management programmes from June 2011. IMT Hyderabad offers the regular two-year, full-time PGDM programme with nine specialisation streams and over a 100 electives to choose from. Each course includes a 14-week, faculty-supervised Industry Internship Programme at the end of the first year. Dedicated placement professionals ensure appropriate placement. Students can opt for international student exchange programme and pre-placement opportunities through their long-duration internships.
“Apart from sought-after elective courses in Finance, Marketing, Human Resources and Operations and General Management streams, our institute also offers cutting-edge electives in Business Analytics, Accounting, Entrepreneurship and International Business. Our 14-week-long Industry Internship Programme is important in the Indian context because it gives students an opportunity to get a holistic view of the organisational processes and also prepares them for their specialisation in the second year,” says Dr.V.Panduranga Rao, Director, IMT Hyderabad.
The institute also proposes to set up three centres of excellence in the areas of Financial Engineering, Business Analytics and Entrepreneurship which will help generate more knowledge, test and validate ideas and conduct contemporary practice-oriented research.
The faculty of the institute bring a rigorous research background and diverse teaching experience at American and European B-Schools to the table. They have consulted with industry and are published in leading journals in their respective fields. “We will invite guest faculty from foreign universities to participate in our regular programmes as well as in its management development programmes,” adds Dr. Rao.
Future plans include setting up a one-year, full-time Executive PGDM for working professionals with over five years of industry experience and short-duration Certificate Programmes in Management in various streams of speciality.
So what does the industry think of all of this?
Mr. Sarath Sura is Managing Director of Hyderabad-based Winzest Edutech Private Ltd., a pioneer in developing and delivering online tutorials for engineering programmes. He welcomes the establishment IMT, Hyderabad. “Hyderabad is becoming a hub for educational institutions specifically for engineering and management education. This will be good for industry. The growth of educational institutions in an area always leads to the growth of industry,” says Mr Sura.
According to him the dilemma faced today is that management education is often just too generic. “Currently there is no difference between a technology graduate and a management graduate. The expectation from a management graduate is that he/she would have a greater understanding of life, broad exposure, an entrepreneurial mind-set and risk-taking ability. An institute should work towards building these skills and attitudes in its graduates,” Mr Sura observes.
In this regard, Mr Sura thinks that the need of the hour is for management institutes to map the needs of the local industry and integrate it into the curriculum. “They need to identify two or three areas that are relevant to the local market and develop their offerings in such a manner that they are known as THE BEST in those areas. This is the need of the hour and not a general MBA.”
Going on to specify, he finds a major void in the area of Financial Analytics in Hyderabad, and besides, “The key sectors in Hyderabad are IT, ITeS, Pharmaceuticals and Infrastructure. If a management institute focuses on the specific needs of these sectors, it will gain the benefit of continued industry patronage. Management of NGOs and rural marketing are also two important growing areas to focus on,” Mr. Sura says.
Institutes must bring in experimentation and innovation in their curriculum and pedagogy, Mr Sura says, “Student internships with the industry are the other area to bring in innovation. Longer duration project-based internships, such as those planned by IMT Hyderabad, will definitely benefit both students as well as industry.”
Institutes need to expose their students to varied business situations, perspectives and contexts. “People who have dared to be different, gone beyond the mould that most people are stuck in, are path-breakers, have different perspectives on life and so need to be involved in shaping and moulding the students,” he points out.
All of the above criteria and more fit easily into IMT Hyderabad’s curriculum. It is on the right track, as these are precisely the foundations that IMT has focused on in their management education.
Contact:
Dr. Lubna Nafees
Institute of Management Technology
ccmrc@imt.edu
+91-120-3002242
http://www.imt.edu/
No comments:
Post a Comment