IMC 2022 Inaugurated on Dec 9: Rajeev Chandrasekhar, Union Minister Addresses Inaugural Session at IIM Kozhikode; calls for Entrepreneurship Centric MBA Outcomes

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Updated on December 9, 2022
12th edition of India’s largest management conclave IMC 2022, organized by MBAUniverse.com, has taken a grand start at IIM Kozhikode today on December 9, 2022 on the theme 'Measuring MBA Outcomes’. Shri Rajeev Chandrasekhar, Union Minister of State for Electronics and Information Technology and Union Minister of State for Skill Development and Entrepreneurship online delivered the Inaugural Address calling for Entrepreneurship centric management education
Rajeev Chandrasekhar addresses IMC 2022 Inaugural Session

The12th edition of India’s largest management conclave IMC 2022, organized by MBAUniverse.com, has taken a grand start at IIM Kozhikode campus today on December 9, 2022 on the theme ‘Measuring MBA Outcomes’ with the welcome address by Mr Amit Agnihotri, Convener, Indian Management Conclave and Chairman MBAUniverse.com followed by host address from Dr Debashis Chatterjee, Director, IIM Kozhikode.

The Inaugural Address was delivered online by Shri Rajeev Chandrasekhar, Union Minister of State for Electronics and Information Technology and Union Minister of State for Skill Development and Entrepreneurship. The two day Indian Management Conclave 2022 on Dec 9 & 10, witnesses Former President of India Shri Ram Nath Kovind as Chief Guest at Valedictory Session, top Policy Makers, Business Icons, Management Education Doyens and Opinion-shapers sharing their view points on the conference theme ‘Measuring MBA Outcomes, Learning & Research Outcomes, Corporate Readiness and other desired Outcomes.’ Organized by MBAUniverse.com, in partnership with India’s top B-schools and knowledge organizations, IMC is India's definitive annual Management Education Conference & Awards Platform.

Addressing the IMC 2022 inaugural session, Shri Rajeev Chandrasekhar congratulated the IMC for completing successful 12 years of contribution to India management education and recalled how the Management academics and thinkers from India have made a global name. He said, “I am happy to note that among the top ranked global thinkers, many are Indians” and added “There are many Indian academics who are leading top institutions across the world. This is indeed a matter of great pride for us.”

Emphasizing the relevance of the 12th IMC Theme, The Minister said, “MBA is a Professional Program that must aspire for better outcomes and provide advanced education to groom more leaders, skilled management professionals and entrepreneurs. While Indian B-schools have made many contributions, a lot needs to be done.”

Calling upon the B-schools to groom more students as entrepreneurs, he said “It is time that B-schools in India focus more on nurturing Entrepreneurs, and not just job-seekers. As we all know, India has about 100 Unicorns, each valued at more than USD 1 Billion. A study by a business newspaper revealed that Founders of most of the companies were from Tech-Schools and not B-schools. Of the 250 odd founders, about 85% have an engineering degree. But, less than 20% founders have a management degree from IIMs and other B-schools. I also understand that much smaller number of IIM graduates take up entrepreneurship every year, compared to IIT students. Indeed, B-schools should focus more on building entrepreneurship skill set among their students and consistently measure this outcome too.”

Sharing his belief that India will grow at a very fast pace despite the Global Covid-19 Impact, Shri Rajeev Chandrasekhar said, “I firmly believe that India will play a key role in shaping the technology and digitalization of the world. Today, India is the fastest-growing economy with the highest ever FDI inflow — $83 billion. These feats were achieved in a period when the world was recovering from the after-effects of Covid” and added, “The perception of India as a weak and dysfunctional democracy has been changed to one that is seen as strong, resilient, welfare-oriented and commanding global awe and respect.”  

Urging the B-schools to march and match their contribution in this growth journey, he said, “Create prepare next generation of skilled managers and leaders, and not to forget – a lot more entrepreneurs, for powering India’s ride towards becoming a USD 5 Trillion economy and a USD 1 Trillion Digital economy.”

More Insights to Come at IMC 2022 on Day-1
Day-1 at IMC 2022 will witness Keynote Addresses by CEOs, Plenary sessions on Conference themes, Special sessions on admissions and Undergraduate Management programs followed by Leaders’ Round Table and more.

Key Note Addresses by CEOs
To understand the business context, and their expectations from management education, IMC Conference has invited India’s most well-respected business leaders to share their perspectives. Mr Suresh Narayanan, CMD of Nestle India and Mr Shyam Srinivasan, MD & CEO of Federal Bank will be delivering Keynote Addresses at IMC 2022.

Mr Shyam Srinivasan will share how the business world is being transformed by technology and other changes in social and business landscape, while Mr Suresh Narayanan will be speaking on day-2 on the Topic “Leadership Imperatives for Surviving & Thriving in a BANI ('brittle', 'anxious', 'nonlinear' and 'incomprehensible') World.”

2 Plenary Sessions on Day-1: Directors, Deans and Subject Experts from AACSB, EFMD, ISB, 5 IIMs, XLRI, SPJIMR, MDI and many other leading institutions will discuss following plenary topics: Measuring Learning Outcome, Measuring Research Outcomes on day-1 and Measuring Corporate Readiness on day-2. 

Plenary 1 on: “Measuring Learning Outcome”
How does MBA program offer required academic rigour to ensure that MBAs have Conceptual Clarity, Ability to apply concepts to real life issues, and take Effective decisions? How are learning outcomes being measured? Are they effective measures? This session will host Deans and Subject Experts who will discuss these questions, and suggest right measures of learning outcomes. Session will be chaired by Dr Varun Nagaraj, Dean, SPJIMR Mumbai. Speakers are: Dr Geoff Perry, EVP & Chief Officer, Asia Pacific, AACSB International; Dr Ramabhadran S. Thirumalai, Deputy Dean, Academic Programmes, Indian School of Business (ISB); Dr Shubhasis Dey, Dean (FA&D), IIM Kozhikode and Dr Sangeeta Bharadwaj, Dean, Graduate Programmes, MDI Gurgaon.

Plenary 2 on: “Measuring Research Outcomes”
An important outcome of management education system is the intellectual contributions of faculty through research. Current emphasis is on publishing in peer reviewed Journals, especially those included in FT Ranking or ABDC List. However, the real impact of these publication is often not measured. This session will host Directors, Deans and Subject Experts who will ask hard questions, and suggest right measures of research impact. Session will be chaired by Dr Nava Subramaniam, Dean, Amrita School of Business Coimbatore. Speakers are Dr Rudra Sensarma, Former Dean (RI & I); Professor, IIM Kozhikode; Dr Francois Bonvalet, Director, BSIS, EFMD; Dr Lakshmi Kumar, Dean, IFMR GSB, Krea University Sri City and Dr Neena Sondhi, Dean Research & Accreditation, IMI New Delhi.

Special Session on “Rethinking Admissions”
MBA Outcomes are influenced by the ‘Input’ – the academic and social profile of students admitted. So how can B-schools select the right class to achieve the desired institutional outcomes? Experts from leading Indian B-schools and Global subject experts will offer some answers. Session will be Chaired by Dr Atish Chattopadhay, Director, JAGSOM. Speakers are Prof Alberto Acereda, AVP for Global Higher Education, ETS; Dr Vishwa Ballabh, Chairperson Admissions, XLRI Jamshedpur, Convenor, XAT; Dr P K Shajahan, Dean, Academic Affairs, Tata Institute of Social Sciences (TISS) Mumbai and Dr Amit Das, Chairperson - MBA Admissions, IFMR GSB, KREA University Sri City.

Special Session on “UG Management Education”
Extending the IMC Conference theme to Undergraduate Management Education, this special session will focus on the desired Outcomes from IPM and other UG programs like BBA, BBS and BMS. Speakers shall share the expected Outcomes of their UG Management Program – how they are Identified, Delivered and Measured. Session will be Chaired by Mr Vinay Hebbar, Senior Vice-President, Head - International Markets, Harvard Business Publishing. Speakers are: Dr Shruti Tewari, IIM Indore; Dr Viraj Varma, IIM Ranchi, Dr Aditya Mohan Jadhav TAPMI Bengaluru and Dr Niraj S. Mankad, FLAME University.

In addition, a Roundtable on UG Management Programs Outcomes is organized on December 10 after the Valedictory Session. This will be Chaired by Dr SR Singhvi, Management Consultant & Advisor and Former Professor, IIM Indore, MDI Gurgaon.

Leader’s Roundtable: In this Special Session, titled Leader’s Roundtable, top Management Education Leaders shall share their perspectives on what are the Key Indices they use to track the Outcomes of their Institution, and the Peers. These indices will indeed cover the typical Academic, Research and Corporate outcomes, but may offer other important Outcomes for management education in India. Leaders shall also outline Implementation Strategy that they deploy at their institutions to ensure these Outcomes are continuously Measured and Achieved. During the session, CXOs from leading Global Knowledge Organizations shall offer rich external perspectives. Speakers are Dr Debashis Chatterjee, Director, IIM Kozhikode; Fr Sebastian George, S.J, Director, XLRI Jamshedpur; Dr Varun Nagaraj, Dean, SPJIMR Mumbai; Dr H. Chaturvedi, Alt President, EPSI; Director, BIMTECH Greater Noida; Mr Raghav Gupta, Managing Director, India and APAC, Coursera; Dr Asit K Barma, Director, BIM Tiruchirappalli; Dr N. R. Parasuraman, Director, SDMIMD Mysore and Mr Gaurav Srivastava, Regional Director - South Asia, GMAC. Session will be chaired by Mr Amit Agnihotri, Founder & Convenor, IMC.

IMC 2022 Day 2 promises more insights
Day 2 of IMC 2022 promises to be even more insightful.

  • Presentation by Finalists of IMC Awards for Excellence in Management Education 2022
  • Special Session on Leadership Imperatives for Surviving & Thriving in a BANI ('brittle', 'anxious', 'nonlinear' and 'incomprehensible') World
  • Key Note Address by Mr Suresh Narayanan, CMD of Nestle India
  • PLENARY 3 on the topic: Measuring Corporate Readiness
  • Valedictory Address by Chief Guest Hon'ble Shri Ram Nath Kovind, Former President of India and Presentation of IMC Awards for Excellence in Management Education; Presentation of IMC Distinguished Alumni Awards
  • Presentation of Accreditation Certificates by AACSB International
  • Refer IMC 2022 Program Agenda for Plenary 3 and other exciting sessions

It is noteworthy that IMC 2022 is an exclusive in-person leadership conference. Sessions are not being telecast online or virtually.

Stay tuned to MBAUnivese.com for more details on Indian Management Conclave 2022

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