MBAUniverse.com Exclusive Coverage. IMTians get advice from global leaders. Celebrations follow: IMT Convocation-2007

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MBAUniverse.com News Desk |
March 25, 2007
With leaders like Arcelor-Mittal CEO Mr Laxmi N Mittal and Commerce and Industry Minister Mr Kamal Nath addressing an eager crowd of over 1,500 people.

The convocation ceremony of IMT Ghaziabad on March 24, was definitely something to write home about. Set up in 1980, IMT Ghaziabad has expanded to Nagpur and Dubai. On March 24, IMT Nagpur also had its convocation at the Ghaziabad campus. MBAUniverse.com, India’s most comprehensive management portal, brings you the highlights of the three-hour long ceremony.    

Mr Kamal Nath, who is also the president of IMT Society, presided over the convocation ceremony. Addressing students, he said, “When you are leaving the portals of IMT, what is the key attitude that you must take with you? It is your ability to innovate. Innovation is the name of the game today.” He noted the rise of the Indian economy and Brand India, and pointed out how MBAs can make it big. (Read detailed coverage of Mr Nath’s speech.)

Global leader and CEO of the world’s largest steel company Arcelor-Mittal, Mr Laxmi N Mittal offered valuable words of advice to passing-out batch of IMTians. “To succeed in the corporate world, you have to be a good professional and also imbibe the entrepreneurial spirit. Don’t just follow guidelines and orders: question them,” he said. (Read detailed coverage of Mr Mittal’s speech.)

Dr BS Sahay, director, IMT-Ghaziabad and Dr Anwar Ali, director, IMT-Nagpur, also offered progress reports of their respective institutions. Noting the progress of IMT Ghaziabad, director Dr Sahay said, “We continue to make good progress. This academic year was very fruitful. We have recruited highly qualified faculty, restructured our course-curriculum to offer more electives. Our students are well placed. While the overall salary was Rs 10.36 lakh, the highest international salary was US$ 95,000… We want IMT Ghaziabad to carve out a place amongst the top business schools in the world.” 

He also urged students to think big: “You are graduating at a very opportune time. My advice is: dream big, think big, and do big,” he said. 

IMT Nagpur’s Dr Ali, while acknowledging that they are yet to catch up with the more established IMT Ghaziabad, noted his satisfaction with the progress. “This is only the third year of operation. We have strengthened our position as a premier business school. Considering our size, our research output is good, and our placements have improved considerably. The average salary this year at the placements was Rs 4.67 lakh,” he said. On the challenges facing IMT Nagpur, he pointed out, “Recruiting faculty of the desired quality is one of the most daunting tasks. We plan to double our current strength of 17 faculty members.”