The Indian Institute of Management Indore (IIM Indore) hosted its 18th Annual Convocation on March 30, 2017 at which a total 673 students were awarded diplomas and 19 the Fellow title.
Delivering the Convocation Address, Srikant M. Datar, the Arthur Lowes Dickinson Professor of Business Administration at Harvard Business School, referred to the possibility of jobs being lost due to technological advancements. While job losses were a cause of concern, the benefits brought about by technology presented an equally strong case, he added.
Prof. Datar went on to discuss a few steps including provision of a larger safety for the people who lose their jobs, giving broader training to the employees and reducing employee payroll taxes, etc. to encourage the use of technology and innovation in business.
This is the right time to enter business as the world is more innovative and receptive now, he added before declaring the Convocation open.
He pointed out that the economic shift due to globalization during 1970’s and the 20th century as a whole had brought about widespread changes in the employment scenario, in the developed and the developing nations.
On technology and digitalization, he referred to the self-running cars and how they may affect the employment of the drives across the globe. “However, we need to see to the positive effects the machines have brought in. Self-driving cars would help in reducing traffic and accidents. It would also help in significantly reducing the number of cars owned by people across the world, as renting cars—on a particular location, similar to OLA and Uber would be simpler.” he added
His address covered a wide range of topics including economic growth, trading wealth and social justice. He also spoke about qualities of humility, courage and trust.
“Stay humble, it helps you remain thankful for what you have. Have courage. When faced with a choice, select the one which is correct, and not the one which is convenient. Build trust. A big challenge today is building trust between society and business, and young leaders with innovative and positive thoughts can bring about this change,” he added.
At the Convocation,100 students of the second batch (2012-17) of the 5-year Integrated Programme in Management (IPM) received their Diploma. As many as 449 participants of PGP and 62 participants of PGP-Mumbai received the Post Graduate Diploma in Management.
The 16 FPM and 3 FPM-Industry participants received the title of Fellow of IIM Indore. Executive Post Graduate Diploma in Management were awarded to 41 participants of Executive Post Graduate Program in Management (EPGP) and 21 participants of Post Graduate Diploma in Management for Executives (PGPMX-UAE).
Deepak Satwalekar, Chairman of the Society and Board of Governors, IIM Indore, in his address, said, “Higher aspirations and contributions to the society will define who you are and what kind of role models you seek for while graduating from such prestigious Institution.”
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This is the right time to enter business as the world is more innovative and receptive now, he added before declaring the Convocation open.
Professor Rishikesha T. Krishnan, Director, IIM Indore, in his address, stated that the Institute had recently received its first international accreditation from the Association of MBAs (AMBA) for four of its full-time programmes – Two Year Post Graduate Programme in Management (both at Indore and Mumbai), One Year Full Time Executive Post Graduate Programme in Management (EPGP) and Five Year Integrated Programme in Management (IPM, 4th and 5th Year).
The Institute has been performing significantly well in the areas of research outputs and this year a record 16 participants were conferred as the Fellow of Indian Institute of Management Indore for their Fellow Programme in Management.
He also mentioned the new General Management Programme for Executives and the inauguration of Incubation Centre which would help the young entrepreneurs.
Besides the Scholarships and Awards given to students during the pre- convocation ceremony on March 29, medals for Academic Excellence were presented to the PGP Indore participants by the Chief Guest:
The IIM Indore Gold Medal for Scholastic Performance Rank 1 to Nishant Sangal.
The IIM Indore Gold Medal for Scholastic Performance Rank 2 to Akshat Kumar Bansal.
The IIM Indore Gold Medal for Scholastic Performance Rank 3 to Tamarish Sinha.
The IIM Indore Gold Medal for the Best Woman Participant for Scholastic Performance to Sakshi Gupta.
IIM Indore Gold Medals for Scholastic Performance were presented to the IPM participants as per the following details:
IIM Indore Gold Medal for Scholastic Performance Rank 1 to Aishwarya Mangla.
IIM Indore Gold Medal for Scholastic Performance Rank 2 to Shruti Garodia.
IIM Indore Gold Medal for Scholastic Performance Rank 3 to Pulkit Agarwal.
IIM Indore Gold Medal for the Best Woman Participant for Scholastic Performance to Aishwarya Mangla.
IIM Indore Gold Medals for Scholastic Performance were presented to the PGP Mumbai, PGPMX-Mumbai and EPGP participants as per the following details:
PGP-Mumbai – Modi Dhruv Vikram
PGPMX-Mumbai – Manish Ahuja
EPGP Batch (2016-2017)- Rupak Laskar
