Indian Institute of Management Udaipur celebrates its third anniversary!

It was 27th July 2011 when Indian Institute of Management, Udaipur joined the league of the premier business schools across the country. The foundation laid by its Director – Prof. Janat Shah remains firm as the institute completes its 3 years full of enthusiasm, aspiration and accomplishments. It is an important milestone in the institute’s journey of becoming a unique establishment in all the facets of management education.

10468544_333415136815734_4284305411737400926_n

The auspicious occasion of IIMU’s third anniversary was graced by the presence of the institute’s Director and was celebrated jointly by the students, faculties and staff members. The biggest asset of the institute, its students, organized a cake cutting ceremony in all high spirits and greeted everyone on the anniversary. The pride was visible among all the members of the IIM Udaipur Community as they described the event as – “three years of togetherness, three years of sharing & caring, three years of happiness, three years of trust and three years of transformation “ .

10486302_333415216815726_5103919093355332786_n

The event progressed with a motivational address from Prof. Janat Shah, who congratulated the complete IIMU Community comprising students, faculty and alumni for being an integral part of the journey. His reminiscence of the institute’s achievements from the past 3 years elevated the students’ beliefs. IRIS – The Photography Club of IIM Udaipur enthusiastically helped in covering the ceremony.

10574232_333415303482384_1571473964822581491_n

IIM Udaipur strives to become a globally accepted academic institution. The ideology prospers as the students and faculty members dedicate themselves to develop socially responsible and confident business leaders. A constant motivation and support of pursuing a path less travelled of entrepreneurship imbibed with a sense of social and economic value creation encourages students to grow multi-dimensionally. The all-inclusive growth value driven in the institute’s initiatives can be measured by the triumph of the recently concluded event, Inclusive India Forum 2014, which was graced by the presence of eminent corporate and social personalities across the nation. Progressing forward, the institute has lined up events such as Spandan 2014 – Second edition of its Annual HR Conclave and the institute’s flagship event The Leadership Summit 2014.

With three years of education, excellence, innovation, transformation and uniqueness, IIMU promises to grow abound with its leadership, values and uniqueness quotient and is on a fabulous journey towards becoming one of the top B-Schools of the world.

Advertisements

Ten commitments of IIMU!

1. Commitment to Sustainability: Did you know that the infrastructure and activities at IIMU boast of total commitment to a green campus? Exemplified by the DirectorProf. Janat Shah himself, who was the first person to use a bicycle in the campus when it was founded. Today, more than 60% people on the campus including the students, faculty and staff follow that lead.

2. Commitment to Diversity: Did you know that if you want to have a debate in IIMU hostels in your favourite language then you will find a person at least 10 rooms away? The cultural diversity at the campus will amazingly enhance your people skills. And yes, you can always end up in a debate in more than 5 different languages.

3. Commitment to Rural Exposure: Did you know that 100% of the batch gets exposure to Rural India by the carefully designed Rural Immersion Programme? This will help you to be more sensitized and develop as socially conscious managers who can work in future towards collective and inclusive growth of the society.

4. Commitment to Global Exposure: Did you know that 60% of the students in the batch get their visas stamped at least once during their stay at IIM Udaipur? This reflects IIMU’s commitment to make global managers of tomorrow ready to work in diverse conditions and situations, leading global teams and implementing their learnings in the real business world.

5. Commitment to Best Faculty: Did you know that in addition to 22 permanent faculties, prominent faculties from the top B-Schools of India like IIMA, IIMB, IIMC etc. visit to bolster the academic wealth of IIMU? This ensures personalized attention to the students resulting in their better learning, grooming and hence forth, transformation.

6. Commitment to Transformation: Did you know that with specially designed programmes which aim to inculcate values like integrity, honesty, respect, ownership, trust and excellence, you will transform into a better person and manager at the end of two years? With collaborative and focused programmes with agencies like Hay Group, you will develop emotional intelligence and see yourselves developing into leaders more confident of your capabilities and decision making judgment.

7. Commitment to Awareness of Cultural Roots: Did you know that at IIMU you will be celebrating festivals and participating in cultural activities you did not even know about?

8. Commitment to Team Work: Did you know that at IIMU you will be doing so many assignments, live projects and club activities in groups that you will emerge as a leader in team working skills?

9. Commitment to Entrepreneurship: Did you know that IIMU takes a plethora of initiatives to foster the spirit of entrepreneurship? You will get a lot of opportunities under the ambit of entrepreneurship which will help you to pursue your career goal of starting your own business.

10. Commitment to Sleepless Nights: Did you know that apart from the load of assignments and projects of a usual B-School, a lot of other things at IIMU like TT matches, clubs/committees activities and B-School competitions will keep you awake till wee hours every day and you will be going to enjoy it?

Things which differentiate IIM Udaipur – Global Immersion!

The world is getting smaller and the distances between the nations are reducing. The economies of the world are integrating at a faster pace and there is a critical need for managers in the industry who have an understanding of global business practices, social values, philosophies and cultures. And since the business practices are increasingly becoming “glocal” in their planning, design and implementation, there is an inherent need to increase the skills space of students to fit into the global scenario of the corporate and entrepreneurial world.

IIM Udaipur follows the pedagogy of Immersion and Global Immersion is one of the key offerings of IIMU which, with the immense potential of the associated programmes adds advantages in preparing students as better leaders who can imbibe environment and cultural sensitivity and manage businesses and people from diverse cultures.

IIMU ensures provision of international exposure to its students in multiple ways with the aim to facilitate greater student and staff mobility across different global dimensions and institutional research partnerships through collaboration with globally reputed business schools of Europe, North America and Asia. The focus is to help the students in developing a specialized set of internationally relevant skills, perspectives and experiences with a thriving zest of peer pressure. This in turn helps in fostering a spirit of global thinking and developing acumen of personal and professional growth.

The highlights of the international aspects of IIM Udaipur are:

1. Dual Degree PGP for Executives in Global Supply Chain Management: IIM Udaipur and Purdue University’s Krannert School of Management have designed a dual degree programme to cater to the present global industry requirements and to equip the executives with skills to deal with complex supply chains across the world. IIMU’s students brush shoulders with students from Universidad Popular Autónoma del Estado de Puebla (UPAEP), Mexico and Tianjin University, China besides the students from Purdue. At the end of the program, students are offered a PGDM from IIM Udaipur and a MS from Purdue University, USA in Global Supply Chain Management. The nuances of Supply Chain Management theories and international business techniques and practices help the students to assimilate the learning experiences of studying overseas and honing their skills for the working arrangements in India & abroad.

2. Student Exchange Programme (STEP): The student exchange program at IIM Udaipur aims at giving the students a global exposure academically and culturally. The students spend a term of their course in globally acclaimed universities of Germany and France. This leap offers an adaptation to a bouquet of offerings like a broadened outlook, leadership attributes, team working, divergent mind set, keen eye for detail, communication skills, emotional maturity, healthy appetite for risk taking and decision making abilities. The breadth of STEP is one of the greatest opportunities that help the students to soak customs, traditions and pedagogy of other institutes as well as get a taste of different cultures. During this time, their counterparts from those universities come down to the IIM Udaipur campus. The globalization of businesses needs networking with people of different backgrounds. This opportunity helps students to interact with students of different nationalities and eventually build networks with people at a global level.

3. International Business Practices (IBP): IIM Udaipur offers a unique elective in the second year of its PGP Programme – IBP, where the students get a chance to work hands-on on a live project with industry experts in MNCs at their abroad locations like UAE and Bangkok. The sharing of ideas and experiences help the students to understand in depth, new markets and opportunities which can be tapped upon in the future. The holistic perspective and knowledge acquired about the nuances of global working methodologies enhance the scope of the future objectives of students.

4. International Summer Internships: The highlight of IIM Udaipur’s summer internship placements have been the international internships offered by companies located in UAE and Qatar. This is a continuation of the process where in a span of two months, students get to work in a global business environment in an economy different than the Indian environment. The cross-cultural exposure, diverse teams and the industry project covered in the internships complement the learning process. The experience gained during the period is immense and the exchange of ideas and the knowledge of global practices enhance the learning objectives and approach which the students have to follow for the rest of the three trimesters of the PGP Programme.

5. Global Business Project (GBP): GBP is a unique action-based learning course spanning across four months, February to May, wherein, under each project, 5-6 students from across geographies work on general consulting and strategic problems of clients under the faculty guidance applying their functional, cross-cultural, foreign language and virtual teamwork skills towards focused, compelling, measurable and actionable deliverables. Many companies which have provided projects are household names, such as P&G (China and Brazil), GE Health Care (Brazil), Eli Lilly (Brazil), CITIBANK (China), Google, SAP, PepsiCo and others. IIM Udaipur is a member of this prestigious consortium along with 12 global universities namely UNC-Chapel Hill, Columbia, George Washington University, Lingnan College, Miami, Maryland, Purdue, Pittsburgh, San Diego State, University of Connecticut, University of Wisconsin and UNISINOS.

6. Joint Research and Faculty Exchange: Faculty Groups working together on collaborative research projects is another channel for engagement which adds a dash of benefits in increasing the international exposure factor of those associated with the institute. The Center for Development Management (CDM) at IIMU has a MoU with Duke University’s Sanford School of Public Policy for joint research and faculty exchange. CDM is a research center that seeks to address development challenges in India by bringing management skills and social science knowledge, together in order to enable qualitative social transformation through the Summer School Programme.

7. International Visiting Faculty: IIMU has faculties visiting from Switzerland and France to teach electives with a global perspective. This in addition to the other programmes ensures that the students and the campus benefit from the international exposure.

International Exposure Figures

IIM Udaipur leaves no stone unturned in formulating focused programmes to increase the global exposure of students. The institute within a span of just 3 years of its foundation has established collaborations with prominent international universities and the ties have been increasing in the process. Following are the current partnering universities:

i. Duke University, USA

ii. Purdue University, USA

iii. European Business School, Oestrich-Winkel, Germany

iv. Fredrich-Alexander University (FAU), Erlangen-Nurenberg, Germany

v. HHL Leipzig Graduate School of Management, Leipzig, Germany

vi. Ecole de Management deNormandie, France

vii. WHU – Otto Beisheim School of Management, Vallendar, Germany

77% of the students from the First Batch of IIMU had an experience of studying or working in another country in Europe, Middle-East or South-East Asia while studying at IIM Udaipur. Around 60% of the students from the Second and the Third Batch can boast of the same, and this trend is bound to rise and continue for years to come. When 60% of the students get their visas stamped at least once during their stay at IIM Udaipur, it truly reflects IIMU’s commitment to make global managers of tomorrow ready to work in diverse conditions and situations, leading global teams and implementing their learnings in the real business world.

Things which differentiate IIM Udaipur – Emotional Intelligence!

The emotional brain responds to an event more quickly than the thinking brain – Daniel Goleman

Working in the complex business environments requires managers to take up decisions in which they are expected to consider not only the business implications but also the people affected by the decision and the process warrants the awareness of emotional intelligence.

IIM Udaipur follows the pedagogy of grooming student managers with emotional intelligence along with excellent business acumen. The long term envisioning is to ingrain emotional intelligence in the activities in such a manner that the students uphold the values which represent the institute’s foundation. Over a longer period of time, students see themselves developing as leaders more confident of their capabilities and decision making judgment so that they land up better equipped with emotional intelligence in the corporate world.

The academic courses like Organizational Behaviour and Business Ethics are specifically designed and modified, and their delivery methods customized to nurture emotional intelligence of students and the expectations from them in dealing with people as teams and resources in organizations. Furthermore, courses like Inspired Learning through Personal Mastery and Advanced Leadership Course taught by professors with decades of experience in Leadership Development strive to teach students learning by observation and self-reflection. Exemplary leaders from the senior management of various organizations are also invited to the campus whose leadership styles inspire students to critically analyze, comprehend and enhance the decision making skills of their own selves.

IIMU is the only IIM in the country with a prominent collaboration with the global management consulting firm pioneer in leadership development, Hay Group. Hay Group’s programmes are inculcated in the curriculum through which all the students are mentored over a period of two years to work on the transformation of their initial emotional quotient with exercises like periodic self-surveys and peer reviews to imbibe a better and mature emotional intelligence in personal and professional self-development.

Things which differentiate IIM Udaipur – Team Work!

Climbing the ladders of a managerial career requires one to be cinch with team working abilities. Beginning from management trainees and proceeding through various phases of middle management and senior management roles, responsible managers are expected to work and deliver according to best of the capabilities of the team with which they are associated.

IIMU follows the pedagogy in the academic and non-academic student affairs in such a manner that the best of team working skills are inculcated in the students within the first three months itself of their stay at the institute. The academic programmes of the institute are launched with the first week entirely dedicated to team building workshops. External agencies who are specialist in the field are also sought to conduct innovative exercises involving sports, games et al to help in ice-breaking between the students and help them get ready for their journey in the institute.

A large part of the academic process involves weightage given to assignments, project submissions and class presentations given in study groups, furthermore, individual assignments. The study groups are formed by the Programmes Office with inputs from the faculty. A large care is taken to ensure parameters like academic, cultural and work experience diversity in the formation of groups to enhance the overall functioning of groups. IIM Udaipur has adopted case based learning methodology and a significant importance lies in the class participation and case discussions, hence providing the students of a feel of simulation of real life complex managerial situations.

The student clubs and committees and their plethora of vibrant activities in the institute complement the team building process. These bodies maintain autonomy in their selection process and hence bypass a large number of conventional parameters to form best teams aligned with their outcomes. The challenges posed to the students prepare them in honing their skills not confined to academic pursuits. The institute provides ample opportunities, independence and resources to students to conceive ideas and work in teams to plan and orchestrate their design and implementation. The institute has seen many such student driven initiatives culminating into events like The Leadership SummitThe Flagship Event of IIMU, Arth SamvaadThe Annual Finance Symposium of IIMU, SpandanThe Annual HR Conclave of IIMU, The Udaipur Leap Day Literature Festival and the Excursus Series.

Other prominent didactics like Live Projects, Field Surveys, Focus Group Studies, Industrial & Companies Visits, Global Immersion Programme, Student Exchange Term, Rural Immersion Course, Summer Internships and Placements Preparation Process all benefit students in the team working abilities by teaching them the values of mutual respect, appreciation, motivation, trust, understanding and refining of opinions, processes and working approaches.

Students also unite together with common interests and have come up with hobby clubs and societies for activities pertaining to sports, dance, music, arts, literature, photography, dramatics etc. Dedication to serve for a sensitive cause and social responsibility have also resulted in execution of student drives like Blood Donation Camp, Stem Cell Donation Camp and School Children Mentorship Programme.

Leaders well known in the corporate world are comprehended as great based on their abilities to lead teams with perfection for exceptional work deliveries. And IIMU strives to help students in developing as managers more confident of their team working capabilities and more responsible for team based actions so that they excel in their corporate journeys after learning the insights of transition at their stay at IIM Udaipur.