IMT, Hyderabad to
Organize “Business Orientation Program’ 2011”
Hyderabad|India|November'2011: In recent years there has
been a proliferation of management institutions being set upon our
country. India has more than 1250 management institutions providing
undergraduate and post-graduate level courses. Nearly four lakh management
graduates pass out of these institutions each year with their
employability being just around 25%. Many are jobless. That is because
most of these passing out management students are not industry ready.
Since the management students produced by these institutions are primarily
absorbed by industry, there is a growing need to match the curriculum and
structure of management education to better fit the needs of Industry and
make it sensitive to the changes in both, the manufacturing as well as the
services sectors. In light of this background, the Institute of Management
Technology (IMT) Hyderabad is organizing a 12-day long Business
Orientation Program 2011 informed Dr. V. Panduranga Rao, Director – IMT
Hyderabad while addressing a press conference in city today. Starting from
8th November the program will go on till 19th November, where ten renowned
industry experts from across various industries will visit the IMT
Hyderabad Campus located at Cherlaguda village in Shamshabad Mandal and
address students on wide variety of subjects and will interact with them,
added Dr. Rao.
These experts, Dr. Rao informed, include Mr. Madhu Kannan, MD & CEO of
Bombay Stock Exchange, Mr. RVS Ramakrishna, MD of ITW Signode, Mr. V.B.
Gadgil MD of L&T-Hyderabad metro, Mr. Abheek Barua, Chief Economist HDFC
Bank, Mr. Sashi Krishnan CIO Bajaj Allianz, Mr. Manohar Bhat, Commercial
Business Head (South), Maruti Suzuki among 10 other business leaders, who
would engage the first year management students at Institute of Management
Technology (IMT).The leaders hail from sectors like Insurance,
Manufacturing, Infrastructure, Banking, and Automobiles to upcoming areas
like business analytics, Private Equity, Hedge Funds among others. The
program will be formally kicked off on November 8.
The Program is designed with the objective of helping the students
understand and appreciate the ‘big picture’ of business in the sectors; to
enable the students to evaluate the diverse career opportunities that the
sectors would provide; to inspire and motivate them by listening to the
life experiences of these accomplished persons. The program would give the
students an opportunity to interact with the who’s-who in the business
world, discuss issues of a contemporary nature, debate on issues of
importance in these sectors and also raise questions that concern them.
We believe that textbook knowledge is not all that a student of Management
should rely on. To be successful manager, students must be exposed to real
world practices so that they are well prepared for the future. Guest
lectures are organized to supplement the theoretical knowledge of students
with practical inputs provided by experienced managers coming from reputed
organizations. Many executives and eminent personalities from the
corporate world are invited to the Institute regularly for interacting
with students on relevant topics and particular aspects of management said
Dr. V. Panduranga Rao.
Academia- Industry Interface should be interactive and collaborative
arrangement between academic institutions and business corporations for
the achievement of certain mutually inclusive goals and objectives.
Traditionally, business schools are looking for placements and internships
for their students and the industry for fresh recruits who are well
trained and equipped with the right KSA (Knowledge, Skills and Attitude)
to be able to contribute to organization’s growth observed Dr. Rao.
The IMT Hyderabad’s s 2 week long Business Orientation is nothing but
‘working closely with employers’ and would help in understanding the
constantly changing needs of the industry. This feedback and input would
help in making their fresh recruits productive from the day one and
thereby reduce the subsequent training costs.
This program, Dr. Rao informed, is one among the few initiatives taken by
IMT Hyderabad, which offers full time residential Management program
spread over two academic years with two semesters each.. The program has
an innovative and industry relevant curriculum supported by a pedagogic
approach which is student centric, participative, experiential and
team-based. The curriculum has integrative courses that provide a holistic
picture and learning about real life business situations and problems.
Diverse learning opportunities are provided through case studies,
simulations, real-time projects, seminars, workshops, and interaction with
industry professionals. In each of the courses, 25% of the sessions are
delivered by the practitioners from the corporate world. The program has a
14 week faculty supervised industry internship program at the end of the
first year. The institute aims to develop socially responsible and
innovative business leaders.
Apart from the traditional functional specialization, IMT Hyderabad offers
courses in specialized career oriented elective streams in the field of
Business Analytics and Investment Banking. The market for investment
banking is showing encouraging signs of growth given the investments
programs by government and corporate sector. Business Analytics is another
growth area and India is expected to develop into a global hub for
analytics. Both the fields have extremely attractive career options and
provide good job opportunities. IMT Hyderabad is planning to introduce
more such specialized career oriented elective streams in the future.
IMT is a leading educational establishment rated among the top 10 business
schools in India, with campuses in Ghaziabad, Nagpur and Dubai, besides