Dr Ajit Ranande , Chief economist Aditya Birla Group at the Orientation Ceremony Batch 2014-16 IIM Indore Mumbai Campus
Indian Institute of Management Indore’s PGP-Mumbai is gaining popularity with each passing year.
Launched in 2012 with 33 participants, the PGP programme being offered from IIM Indore’s Mumbai campus witnessed double the admissions in the third batch which formally commenced on Sunday with an induction and orientation programme at Hotel Park, Navi Mumbai.
“The number of applicants for the batch of 2014-16 has risen to a handsome 462, out of which 67 participants have been duly registered,” IIM Indore media in-charge Akhtar Parvez said.
“The PGP-Mumbai equips the participants with a strong knowledge base and also enables them to tap the resources available in the financial capital of the country through live projects with various industries and guest lectures.”
During the induction programme, Dr Ajit Ranande, Chief Economist, Aditya Birla Group, explained how there is a positive sentiment about the Indian economy in the next two years.
He also elaborated various recessionary phases in the world economy which included sub-prime crisis in 2008. Ranade compared the growth rate of India vis-à-vis United States of America and Europe. With reference to Japan, he mentioned how the growth rate of a country does not affect the lifestyle of its citizens.
Student interaction with Dr Ranade revolved around the various industrial sectors and their contribution to the GDP over the last 30 years.
The Q&A session saw inquisitive participants asking questions about the contribution of service sector to GDP and dependence of Indian economy on it.
Professor Rishikesha T Krishnan, Director, IIM Indore, in his inaugural address, emphasized on the need to contribute to the society and advised the students to start thinking in the direction.
Professor Shubhabrata Basu, Chair, PGP-Mumbai gave a detailed overview of the programme and introduced the students of the course structure. This was followed by presentations on Plagiarism and e-resources of the IIM Indore Learning Centre by Dr Akhtar Parvez.
Professor Bhagyalakshmi Venkatesh briefed the students on gender sensitivity policy of the Institute.
About PGP at IIM Indore Mumbai campus
PGP-Mumbai is a two-year full time Post Graduate Programme in Management being run in Mumbai. The Programme consists of three terms in each year. The first year has a course structure identical to that of PGP at Indore campus. Frequent industry oriented workshops expose the participants to experiential learning which helps them to carry out small-scale live projects in the industry before proceeding for summer internships. As a social responsibility, the participants undergo an NGO Project Workshop, which enables them to work with various NGOs across the city, serving different needy segments of the society, especially underprivileged children.
The Second Year elective courses of the Programme enables the participants to acquire better understanding of different areas like Marketing, Finance, Strategy, Operations, Information Systems, and Human Resources. The participants have one full term of campus immersion at Indore in the Second Year. This helps them to interact with a larger faculty and student base.