Monday, July 14, 2008

IIPM makes business education truly global

THERE is excitement in the air and there seems to be no stopping IIPM from taking giant strides in globalising Indian business education. This year IIPM has placed a record 2,670 students through campus recruitment and the number keeps increasing. The big news, however, is that international placements have jumped to 165 this year. This figure is second only to the best in the country. An achievement, but the institute is not sitting quietly on its laurels. Through curriculum and global networks, it hopes to place many more students internationally in the years to come. `Next year we hope to have the highest international placements in India,’’ says a spokesperson.

International placement is only a part of IIPM’s global initiatives. Sources say that IIPM is in the process of launching an international programme in August (details are not available because of non-disclosure agreements).

IIPM is also forging a number of international tie-ups with leading B-Schools and organisations across the globe, for their Global Internship Programme called GOTA. The internship programme is a mandatory component of IIPM’s curriculum and all students get a chance to travel overseas to experience first-hand how world class organisations work.

Organisations that have participated in this programme in the past include Nestle, Credit Suisse, IMD, UNCTAD, Michael Page, World Bank, Novartis, WTO, Honda Japan, Suzuki, ING, Emirates Bank, Amas Bank, Sulzer, among others.

Indranil Das (dean-Global Alliances) says, `this is a unique concept, and will go a long way in changing the face of business education in India. We are committed to deliver the best practices in education to all our students.”

Apart from this, as a part of its global thrust, IIPM is also ensuring that students enjoy a global exposure on the campus in India. Professors such as Philip Kotler of Kelloggs School of Business, Gita Gopinath of University of Chicago Graduate Business School, Akash Deep of Harvard University Sunil Gupta of Columbia Business School, Prof. Tom Kirchmaier of London School of Economics, Prof Rick Aubry of Stanford University, Prof Ari Ginsberg of NYU STERN, Leigh Hafrey of MIT Sloan School of Management, Andre Laurent of INSEAD and Johannes Pennings of the Wharton School have visited IIPM and interacted with students and industry leaders in the past few years.

While these professors came to deliver lectures on specific topics, professors from NUS, Singapore (ranked among the top three B-schools in Asia) are delivering a seven-week intensive course on Investment Banking (IB) at IIPM. The course aims to provide IIPM students an edge when it comes to placements in the Investment Banking sector next year. Prasoon S Majumdar, all India dean-academics says, “with this programme, our students would have an advantage in the investment banking sector, they can hit the ground running while other MBA candidates would have to still go through training on the job for the first few months.’’ Thetop100 students selected from all IIPM branches will attend this course and get a joint certification in IB.

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