Yearly Archives: 2017

Join and Leverage a Global Network of 9000+ Well Placed IILM Alumni

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Alumni Relations and networks have been and continue to be an important part of any academic institution of repute and for a business school even more so. Having experienced few years of their lives with an institution, alumni of an institution develop an almost natural bond towards their alma mater and are likely to be its loyal supporters.

An engaged alumni network helps benefit current students, the institution and ultimately the alumni themselves in myriad ways from their skills and experience by offering their support to students, to the institution and strengthening relations with each other. They act as valuable ambassadors and IILM’s 9000+ alumni directly or indirectly help in promoting and marketing the Best B-school in Delhi-NCR to prospective recruiters, corporate and society at large.

Repository of Known Expertise

Alumni networks are familiar and ready repositories of different expertise that the institution and students can look to easily tap into. Placed in different walks of life, members of alumni will likely have a wealth of experience and skills to share with current students via talks, guest lectures, mentoring programs, newsletters etc. Students and institution can turn to their ex-students for knowledge and skill transfer and even beneficial exchange at a mutually convenient time. Engaging alumni in various conferences, talks, and mentorship programs has been a way of life at IILM.

Career Support

A step further is when well-placed alumni offer career support to students by helping them with internships and work placements providing a launch pad. Many old and reputed institutions e.g. IITs etc. are known for their alumni coming back to recruit in large numbers. The age of an institution with accumulated alumni database also provides an advantage. As IILM completes 25 years next year students have the advantage of connecting with those many batches of well-placed alumni. While the Career Development Team of the institute actively helps during the time of placements, alumni community remains at your disposal for a lifetime.

Social Platform

A vibrant alumni community also provides a platform for socializing with fellow classmates, seniors and juniors with similar experiences and memories from their institution being a common denominator. They could meet over lunches, social events or in a manner they like and choose. Alumni events provide an opportunity to catch up with old friends, regale each other with stories of yesteryear and learn what exciting opportunities their alma mater is engaged with currently. Besides being a good networking platform the comfort factor that the commonality brings about also help in making friends for a lifetime quite likely with even those who one could not get an opportunity to not connect well during your years of study. Need for recognition and sense of belongingness getting addressed is also a driving force. Just to give you an example, Keshav Bansal, awarded with Top B School in Delhi-NCR IILM’s most successful alumni in year 2017 says :

Giving Back

Besides effecting the institution in positive ways with word of mouth e.g. admissions etc., alumni community owing to a sense of gratitude for the institution, are generally generous with efforts to raise fund. This philanthropic support can help institutions financially to offer helpful scholarships and bursaries to talented students who may otherwise have to give up their studies. Funds raised also enable help provide students with improved infrastructure and facilities positively impacting the image of the school and life of its students and staff.

To conclude, expressing their thoughts on IILM, our Alumni’s keep sharing their experience which helps the students wanting to start their Post-Graduation Journey with us get benefitted. Here are some the best reviews of our Global Network of 9000+ Alumni.

Young-Entrepreneur-Ideation-Challenge

Young Entrepreneur Ideation Challenge

Career Development (Placement), Events, ,

IILM – Lodhi Road Campus organized The Young Entrepreneur Ideation Challenge on 22nd Dec 2017, which has been designed as an experiential learning exercise that encouragessenior secondary school students to find innovative solutions to common everyday problems. The aim is to spark an entrepreneurial mindset amongst these students. 20 presentations were received from various schools, out of which 5 videos were shortlisted and presented.

The students had to identify a social issue, capture the issue along with an innovative solution in a video and present their idea in front of experts.

The opening session was introduced by Dr Gunjan A Rana for the various schools who had come for the participation on campus, along with the distinguished judges comprising of alumni, which was preceded by the Welcome Speech by Dr Daisy Mathur Jain Dean UBS.

The first presentation was from Indraprastha International School Dwarka, who presented a video on the social issue of bullying and impact of it on students.

The second video was presented by Laxman Public School, who spoke about the lack of empathy and lack of emotional awareness amongst the inmates of old age homes. The students spoke about how care and emotional sensitivity is needed to bond amongst the elders in our society.

The third video was on Swach Bharat Abhiyan from Indraprastha International School, Dwarka, they spoke about the life of tin cans and the awareness on using it as a recycled waste.

The fourth presentation was from Pathways Aravali School, they presented a video on “Effective Disposal of Sanitary Napkins” and the concept of hygiene amongst women, with an effective disposal system.

The fifth presentation was from Bal Bharati Public School, Dwarkawho spoke about stress and depression amongst students. They created an application to track the messages posted on social media to trace the mind of the student and mentor the student in case facing the problem of stress or depression.

The final presentation was from Modern School, Vasant Vihar where they gave a presentation on the theme of Swach Bharat Abhyan by picking on the theme “Nurture Nature”, which spoke about trees being cut and human encroachment. They used the video to emphasize on “Save me don’t nail me campaign”.

The presentations were very well received by the judges and audience who thoroughly appreciated the social innovative ideas put forward by the school students.

The First Prize went to Pathways Aravalli, the first runner up trophy was awarded to Modern Vasant Vihar and the second runner up trophy went to Laxman Public School.

The trophies were distributed along with the prize money to the winners and participation certificates were presented to all participants in IILM’s Young Entrepreneur Ideation Challenge 2017.

9 Reasons to Join The IILM PGDM

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Established in 1993, IILM offers AICTE approved Post Graduate Diploma in Management in its three well-located campuses in the National Capital Region.

9 Reasons to Join The IILM PGDM

 

1> Globally Benchmarked Curriculum with Experiential Learning

Our curriculum imbibes the best aspects of courses offered at top business schools around the world. The curriculum combines experiential learning so that students are capable of turning concepts into effective decision making, initiating action from knowledge and converting ideas into change.

 

 

  2> Global Study

IILM mandates a 4-week global study in Germany, Canada, Finland, France or Spain. The purpose of the global study is to give students a global exposure in terms of teaching pedagogy, industry visits, and diverse cultural immersion to enable them to expand and develop their outlook.

 

 

  3> Career Mentoring Pathways

‘Pathways’, which is at best described as an integrated, cross-functional sequence of courses designed to cater to a particular skill-set or industry requirement for which there are an active student and recruiter demand.

 

 

 

  4> Entrepreneurship & Startups

IILM creates future ‘Game Changers’ by fostering the entrepreneurs with 3 Cs ‘Content, Context, and Contacts’ that enable them to design and launch successful start-ups based on innovative methods.

 

 

 

  5> Placements (300+ companies)

Our recruiters comprise over 300 companies across the country spanning diverse industries.

 

 

 

 

  6> Full-Time Faculty with Rich Industry Experience

Our faculty comes from leading institutions across the country and have diverse industry experience.

 

 

 

 

  7> 9000+ Well Placed Alumni

IILM we are proud to have a huge network of over 9000 alumni who are well placed at various capacities across industries both domestically and abroad.

 

 

 

 

  8> Campus Life

IILM has 3 campuses that are centrally located in New Delhi, Gurugram and Greater Noida. Our Gurugram and Greater Noida campuses provide safe and secure residences for students and faculty alike.

 

 

 

  9> Merit and Means Scholarships and Loans

We have made provisions for scholarships on the basis of merit and need.

 

 

 

 

BBA-Stage1-and-2-Students-Visit-Yakult-Manufacturing-Unit,-Sonipat

BBA Stage1 and 2 Students Visit Yakult Manufacturing Unit, Sonipat

Career Development (Placement), IILM Undergraduate Business School, , , , ,

Students of BBA batch visited Yakult Danone India Pvt Ltd on 5th December 2017 along with Prof Anindita Chatterjee. Yakult Danone India Pvt Ltd is a joint venture of Japan and France and company has a global presence in different countries such as China, Brazil, UK, America, Malaysia etc.

Students got useful information about the production process and beneficial bacteria. After presentation Yakult milk-drink was offered to students for taste. Once the presentation is finished, there was a question-answer session in which students asked various questions about testing, quality control, safety, micro bacteria etc. There after students went for factory visit and layout and production process was explained by operations executive in a detailed manner. The visit ended with a group photograph and vote of thanks.

The visit was very productive for the students as it brought new insight about the usage of bacteria, production process, automation and quality control. Students were mesmerized to see the state of the art infrastructure and maintenance of hygiene in the company. At last vote of thanks was given by the students for the nice hospitality shown by the management of the company.

The students were shown a presentation on the inception of Yakult, the benefits of Yakult Probiotic along with a round of the manufacturing unit.

The students enjoyed the visit immensely, and were presented with goodies from yakult.

MAT-2017-Dates-Overview-and-FAQs

MAT 2017 Dates. Overview and FAQ’s

Career Development (Placement), Exam Watch, , ,

ABOUT MAT

Management Aptitude Test (MAT) is a national-level management entrance examination. The test scores are used for admission to various MBA, PGDM and allied management programmes across India. The exam is conducted by All India Management Association (AIMA). More than 600 B-Schools accept MAT exam scores for admissions. MAT aspirants can choose any one of the two options: Paper Based Test or Computer Based Test. The Paper Based Test is conducted on the first Sunday of February, May, September and December from 10.00-12.30 hours; whereas the Computer Based Test is conducted from Saturday onwards (6 days after the Paper Based Test date) and in different time slots.

List of B-Schools which accept MAT score
https://bschool.careers360.com/colleges/ranking/2017

WHEN IT IS HELD

MAT is held four times in a year: February, May, September and December.

MAT February 2017: Paper Based Test was held on February 5, 2017, and the Computer Based Test was conducted on February 11, 2017. Results were declared on Feb 24, 2017.

MAT May 2017: Paper Based Test was held on May 7, 2017 and the Computer Based Test was conducted on May 11, 12 and 13, 2017. Results were declared on May 25, 2017.

MAT September 2017:Paper Based Test was held on September 3, 2017 and the Computer Based Test will be conducted on September 9, 2017.

MAT December 2017: Paper Based Test will be held on December 10, 2017 and the Computer Based Test will be conducted on December 16, 2017.

ELIGIBILITY

The eligibility criteria for the MAT 2017 exam are:

Qualification Criteria

• Candidates should have completed graduation or in the final year of graduation in any field are eligible to take the MAT exam.

Percentage Criteria

Achieve minimum passing marks in graduation to appear the examination. The candidates are suggested to refer the information brochures of particular Management Institutes/ Universities for the same.

APPLICATION PROCESS

The forms are available in both Paper and Computer based mode. Offline (paper based) forms are available at selected AIMA branch or the head office. The online (computer based) forms are available at the official website of MAT/AIMA. The candidates should:

• Click on https://apps.aima.in/matsept17/
• Register to obtain the login id and password
• Fill in the application details and submit the form
• Make the payment to complete the application procedure.

Fees and payment mode

MAT 2017 application fees is Rs. 1400. Candidates can apply through any one of three following modes:

• Online Payment
By registering online via Credit Card/Debit Card (ATM Card) payment. Detailed procedure is given on the MAT website link. Add THE HYPERLINK: www.aima.in/testing-services/mat/mat.html

• Demand Draft
Obtain crossed Demand Draft (DD) of Rs. 1400 in favour of ‘All India Management Association’ payable at Delhi from any bank. Then register online along with the DD details.

• Cash
Obtain form with MAT Bulletin/ CD against a cash payment of Rs. 1400 from listed Nodal Centres of AIMA or from AIMA, New Delhi.

Candidates who have opted for computer-based test can choose the date and time slot which is subject to availability. While filling up admission forms, candidates need to fill in details of five management institutes during registration. MAT scores will be sent directly to these institutes. Those who want their scores to be sent to more than 5 institutes will have to fill up a seperate form available on MAT website. They will have to pay Rs. 75 per institute before the test date and Rs. 100 after the test date.

Date and time slot for the exam will be automatically allotted by the system to those candidates who do not select their slot up to four days before the computer-based test.

ADMIT CARD

Candidates can download their admit cards from AIMA website by entering name, DOB and application form number. Separate admit cards are generated for MAT aspirants who opt for the paper-based test and for the computer-based test. It contains the candidate’s name, form no., roll no., test date, test time and test venue address. In case of computer-based test, candidates have to strictly follow the date and time allotted.

Admit card is not mailed to any candidate.

TEST PATTERN

MAT exam is held for 2.5 hours. The test covers 200 questions in 150 minutes. The aspriants are tested in the following five areas with 40 questions each:

• Indian and Global Environment,
• Language Comprehension,
• Data Analysis and Sufficiency,
• Mathematical Skills,
• Intelligence and Critical Reasoning

Negative Marking: There are 40 questions in each section. Each question carries 1 mark, whereas, 0.25 mark is deducted for every wrong answer.

See a MAT sample paper here:
http://ieplads.com/mailers/2016/shiksha/pdf-28dec/page-20-24.pdf

TIPS FOR EXAM PREPARATION

Here are a few general tips for MAT exam preparation:

• Candidates should try practice reading ‘Reading Comprehension’ passages for preparation.
• It is imperative to refresh all the basics of grammar and to understand the contextual usage of words and phrases in English.
• For Quant, Arithmetic and Algebra based questions should be practised.
• Keep an update about the current affairs and issues both nationally and internationally.

Preparation Strategy

The paper can be split into three parts primarily which is concept based, practice based and environment sensitive. Mathematical Skills & select areas of Language Comprehension are concept based where the questions are majorly dependent on the candidate’s conceptual clarity with respect to core fundamentals; Intelligence & Critical Reasoning, Data Analysis & Sufficiency and select areas of English Language Proficiency are practice based where regular practice of similar questions is important; Indian & Global Environment is environment sensitive where an awareness with respect to current affairs is the focus.

Indian & Global Environment

Majority of the questions in this section are from the following areas:
• Current Affairs & Happenings
• Banking & Business
• Sports
• General Political Scenario

Mathematical Skills

The important areas in this section are:
• Number Systems
• Percentage, Profit & Loss, Mixtures
• Averages, Ratios, Interest
• Time & Work, Time, Speed & Distance
• Geometry, Trigonometry

Intelligence & Critical Reasoning

This area has questions which are related to:
• Identifying patterns in number sets
• Relationships
• Direction Sense
• Coding, Decoding
• Verbal Reasoning

Language Comprehension

A majority of questions have been asked from the following areas:
• Word Analogies
• Vocabulary, with questions on antonyms and synonyms
• Rearranging sentences
• Reading Comprehension
• Sentence Completion

Data Analysis & Sufficiency

The focus areas here are:
• Data Sufficiency
• Standard DI tools like bar graphs, pie charts, line graphs, data tables
• Data Comparisons

EXAM CENTRES

The tentative list of test cities where MAT 2017 will be conducted is given below:

State/ UT name Test city name Test mode
Andhra Pradesh Vijayawada Paper based
Visakhapatnam Paper based
Assam Guwahati Paper based
Jorhat Paper based
Silchar Paper based
Bihar Patna Paper based
Bhagalpur Paper based
Chandigarh Chandigarh Paper and computer based
Chhattisgarh Bilaspur Paper based
Raipur Paper based
Delhi Delhi(NCR) Paper and computer based
Gujarat Ahmedabad Paper and computer based
Haryana Ambala Paper based
Himachal Pradesh Shimla Paper based
Jammu & Kashmir Jammu Paper based
Srinagar Paper based
Jharkhand Jamshedpur Paper based
Ranchi Paper based
Karnataka Belagavi Paper based
Mangaluru Paper based
Kerala Ernakulam Paper and computer-based
Kottayam Paper based
Kozhikode Paper based
Palakkad Paper based
Thiruvananthapuram Paper based
Madhya Pradesh Bhopal Paper and computer-based
Indore Paper based
Gwalior Paper based
Jabalpur Paper based
Maharashtra Mumbai Paper and computer-based
Nagpur Paper based
Pune Paper based
Manipur Imphal Paper based
Mizoram Aizwal Paper based
Nagaland Dimapur Paper based
Orissa Bhubaneswar Paper based
Rourkela Paper based
Sambalpur Paper based
Punjab Ludhiana Paper based
Rajasthan Jaipur Paper and computer-based
Udaipur Paper based
Tamil Nadu Chennai Paper and computer-based
Coimbatore Paper based
Madurai Paper based
Telangana Hyderabad Paper and computer-based
Uttar Pradesh Agra Paper based
Allahabad Paper based
Bareilly Paper based
Ghaziabad Paper based
Kanpur Paper based
Lucknow Paper and computer-based
Meerut Paper based
Varanasi Paper based
Uttarakhand Dehradun Paper based
Haridwar Paper based
Haldwani Paper based
Srinagar (Garhwal) Paper based
West Bengal Durgapur Paper based
Kolkata Paper based
Siliguri Paper based

*AIMA can change the venue of a test centre/test mode or cancel a test centre/test mode or introduce new centres. Please visit the official website for latest information.

Contact Information

http://www.aima.in/testing-services/mat/mat.html

All India Management Association
Management House
14, Institutional Area, Lodhi Road, New Delhi 110003, India
Telephone: 011-47673037/47673026/24638896
Fax: 011- 24626689
E-mail: mat@aima.in

Art-of-Management-Blog

Art of Management

Career Development (Placement), Exam Watch, General Blog, IILM Institute for Higher Education,

Management is a subject that defines practical knowledge of lifestyles and mannerism to develop a business on strict terms and procedures. on the contrary, poetry is an expression of my views, perceptions and feelings conveyed through words of wisdom.

“management is itself an art, an art defining self-development goals.”

management and poetry are two ends of the same rope. for me, one is to enhance my knowledge and personality with an exposure to varied fields and concepts while the other end leads me to a more relaxed version of myself wherein I am composed, idealistic, imaginative and innovative.

“art nurtures my soul and strengthens my aspirations through different goals of management“.

“Time is a journey,
Of joys n sorrows.
Moments become a memory,
lightning the path for tomorrow.
Tomorrow, is unknown
for the facts we own.
Time is a measure,
discovering self creations.
Through ways of leisure,
forming insecure upgradations.
Upgradation is a necessity,
for our lively vicinity.
Time is a treasure,
for lonely admirers.
Business is plushy pressure,
discovered through real mirrors.
Mirror, an unbiased cage,
defining our complete image.
Time is a story,
furnished in a short memory.
fore-gone is history.
Followed by, is a mystery!
Mystery, is a heavenly gesture
personifying a lifetime adventure.”

____ Vaishali Kanodia (PGDM Batch : 2017-19)

Tips-BLog

Last Minute preparation tips for CAT 2023

Exam Watch, Guest Blog, IILM Institute for Higher Education, , , ,

Since CAT exam is near, there are some important tips I would like to share.

Mocks – Taking a CAT Mock test every day won’t help much, at this point. Instead, focus on the areas that you’ve already covered, take three to four exams over the next two weeks but, most importantly, revise all the MOCKs that you have taken so far, and learn from them.

Speed & Accuracy – Your performance in the upcoming CAT 2017 is highly dependent on what you have prepared and how good your command is over the topics you consider to be your strengths. Here is a clear pacing strategy that will help you time the test better.
• Verbal: Maximum eight minutes for reading a passage and 90 seconds to answer each question based on that passage
• Quant: two minutes per question
• Logic: Six to eight minutes for a set of four questions
• Data Interpretation: six to eight minutes for a set of four questions

Focus on important topics – One should focus on important topics which will fetch more marks. The most important areas of each section are as follows –
• QA: Focus on Geometry, Modern Mathematics and Arithmetic problems
• VARC: Practice Reading Comprehension as much as you possibly can with a slight focus on Jumble and Completion type questions
• LR: Arrangement based puzzles, Investment Betting and Tournaments
• DI: Logic and calculation based DI sets are important.

Last but not the least is confidence. One should be extremely confident during the exam. At no point should the person panic. Try to give 100% during the exam.

ubs-convocation

Celebrating Second Convocation of the SBS Swiss Business School Graduates at IILM, Lodhi Road

Alumni, Events, IILM Undergraduate Business School, , ,

IILM, a forerunner of International Undergraduate Programs in India since 1996, achieved another milestone on October 31st 2017. Second Batch of the students pursuing their BBA in Entrepreneurship were conferred their graduate degree of SBS Swiss Business School. It was indeed a proud moment for SBS Swiss Business School, as well as for IILM to see their students, dressed in ceremonial robes, eager to receive the Degree.

The convocation ceremony was held at the Lodhi Road Campus at 3.00 PM. The proceeding started with the arrival of the Chief Guest, Prof Bert Wolfs, Dean, SBS Swiss Business School.

The academic procession comprising the Undergraduate Faculty Members was led by Dr. Daisy Mathur Jain, Dean of the Undergraduate Business School (UBS). Recitation of Saraswati Vandana by the students of Banyan Tree School and lighting of the lamp by Prof. Bert Wolfs, Dr. Shuchi Agrawal (Director UBS), Dr. Jain and Izabela Karanfiloska, (Program Manager, MBA, SBS Swiss Business School) marked the beginning of the event.

Dr. Jain embraced the presence of graduands, parents and guests and delivered her welcome speech.

Dean’s Message to the Students

It is a matter of pleasure and great honour that we have gathered here for the graduation ceremony of the Bachelors of Business Administration (Entrepreneurship) SBS Swiss Business School.  On behalf of IILM Undergraduate Business School, I extend warm greetings and welcome you all to this very solemn and at the same time a joyous and fulfilling occasion.

This day is important for students as well as the Institute.  It is indeed a proud moment for us to see  young  ladies and gentlemen coming  out  with  flying  colours  and all set to  begin  a  new  journey. As   young   graduates,   you   are   about   to   embark   on   your   own extraordinary   journey   and   create your   own   life   adventures. I congratulate you for the hard work that you have put in during these three years. A new chapter is about to begin.  A myriad of new challenges and options are on your horizons. There are several paths that you all must have decided to pursue now after graduation – like starting your own entrepreneurship journey with your fresh ideas, or furthering your family business or pursuing higher education. No matter what path you choose – THINK BIG! That is how you will succeed. I urge you to be focused and serious while trying to achieve your goals. However, in this process don’t make your life too serious. Make it a habit to be happy while you solve all your difficulties in life. This is only the beginning.

Do keep coming to your Alma Mater and share your success stories with us. Congratulations once again.

The Dean took the permission of the Chief Guest to declare the Convocation open. She welcomed and introduced Prof Bert Wolfs- Academic Dean, SBS Swiss Business School. Prof Wolfs is a PhD, MDP (Harvard Graduate School of Education) and a founding member of SBS Swiss Business School and holds the position of the Academic Dean and DBA Program Manager at the Institution. Dr. Wolfs also is a lecturer on SBS educational programs with a special interest in entrepreneurship and e-commerce, and holds the Albert Einstein Peace Award from IAEWP. Furthermore, he is a certified lecturer of Swiss Vocational Education Training (VET) students. Dr. Jain also introduced Izabela Karanfiloska, Program Manager –SBS Swiss Business School.

This was followed by a brief Address by Ms Izabela Karanfiloska who was happy to congratulate all the graduands. She emphasized that the Convocation Day stood as a moment of great pride for the students, and she wished success to all the young graduands.

Director’s Message to the Students

Members of IILM Board of Governors, Distinguished guests, proud parents, colleagues and dear graduating students.

On behalf of the IILM fraternity, I extend a very warm welcome to each one of you on the annual convocation for the Class of 2017. With pleasure I want to share that the year 2017 marks the 25th year of our legacy in education.

Our undergraduate program aims at inspiring students to be innovative in their thoughts and actions and to grow as entrepreneurs. Today India is brimming with ideas and energy.     At IILM, we do our best to energize this new generation so that our country can reach new heights of greatness.

Dear Students today marks the culmination of an enriching journey by you and also the beginning of a new, fascinating one. All of you have gathered here on this special occasion   but I see a lot of missing faces. Do you know why? I am proud to share that

30 of your batch-mates that is one third of the batch has got admission in various universities abroad for pursuing Masters. This is indeed a big achievement. Ashna Gupta is in University of Warwick, UK, Shrey Bharadwaj University of Leeds UK, Kunal Chugh in RMIT Australia, Krishan Katyal in Grenoble Graduate School of Business, France to name a few.

Many of you have started your own entrepreneurial venture.  Bhavaya has started Built Natural- Recycling plastic to make T- Shirts.- Tejas who is currently in University of Bristol UK  has created an app ‘Madfad’, Piyush Popli is working on bio-gas plant. Vishesh Jhalani on jewellery e-commerce site and Pranav Agarwal has started his own venture ECHO. Others have gone back to their family business and bringing in innovation there. We are indeed proud of you all.

IILM through various initiatives like Entrepreneurial Development Centre, Annual Higher Education summit, Centre for Excellence for family business and specialized mentoring is helping and guiding students to realize their aspirations and dreams.

I would now like to briefly highlight some of IILM’s major achievements during the last year.

I am proud to inform that in the EdUniversal rankings of best business schools in India, IILM has been ranked 10 in 3 Palmes of Excellence category for 2017. Headquartered in Paris, Eduniversal is a global ranking and rating agency specializing in higher education.

I am also proud to inform that IILM has been accorded the prestigious SAQS Reaccreditation by AMDISA for a period of 5 years. SAQS is an international system for quality assurance and accreditation, an EFMD supported initiative in South Asia. Only 15 Business schools in India have received this accreditation.

 IILM is a member of the United Nations Global Compact Initiative – “PRME”, and has earned the coveted ‘Champion business school’ status. This year in July during the Global Forum in New York, PRME launched the India Chapter. IILM is a Co-lead along with Indian Institute of Management, Bangalore and S.P.Jain Institute of Management & Research, Mumbai. This is indeed a great honour for us.

Our Gurgaon campus has applied for University status and I am happy to share that we are in the final stages of the process and very likely to get it soon. The university will focus on liberal education having schools in liberal arts, Management, Design, Technology and Innovation.

This year  as part of the IILM Global study program   our undergraduate students attended 3 week programs at Seneca college Canada and ISM  Germany where they studied modules on strategic management , Entrepreneurship  and innovation .The program also included visits to companies such as Porsche, Mercedez Benz ,Google, IBM and Bosch. The students found the experience very enriching. In the coming years we will continue to strengthen this initiative.

Our undergraduate program focuses on providing experiential learning to our students along with the regular management courses. We have introduced innovation weeks, held three times a year, with a special focus on social innovation. Courses like entrepreneurial case studies, family business management, small business field studies and regular  company visits help to inculcate in our students the skills required in today’s world.

Now to today’s event:

Dear Students, today you come to the end of a journey which you had started 3 years back!   I am sure you will miss the rush to reach the class on time, the assignments to be submitted, not to forget the thesis and number of reworks it required. Well you all did a commendable work and Shubham Gupta and Saachi Narang’s thesis has been published in SBS Journal of Applied Business Research. I would like to congratulate you .It is your hard work that brought you to this finishing line. I know this is a big day and you will enjoy and remember it. I would also like to congratulate the parents and families of the graduates. Your support to them was essential to what they have achieved. So it is your moment too to enjoy and remember.

Today you are set to embark on a new journey, a journey full of challenges and opportunities.  You should be willing to take on the challenges and capitalize on every opportunity that comes your way. Draw inspiration from the famous lines by Steve Jobs “Don’t let the noise of others opinions drown out your own inner voice.” So be honest, be bold and believe in yourself and the world will be at your feet.

Once again Congratulations, Class of 2017. We are so very proud of you. Enjoy this momentous day and, as you go out into the world, please keep us in your hearts. You will be in ours.

Prof Bert Wolf’s Message to the Students

 

Prof wolfs delivering his congratulatroy address to the fresh graduates

Prof  Wolf’s delivering his congratulatory address to the fresh graduates

 

Respected members of IILM, dear ladies and gentlemen, dear parents, dear honourable guests….

Dear Students, Congratulations to the Class of 2017, you have made it!

Usually the Dean has to speak for hours, but the students are not actually interested any more in what the Dean will say. So, I will do my best to keep it short and simple.

It is an honourable day and a respectful day for you. It is definitely a day to remember. You belong now to the small part of the population worldwide which possesses the Bachelor’s Degree, a Bachelor’s Degree in Entrepreneurship. You have learnt how to manage risks, you know how to think risks, and how to diversify your risks. As your parents and grand-parents have always told you, don’t put all the eggs in the same basket!

Now, life is simple. Life often asks three kinds of questions- the first question that people usually ask is, “Where do you have your degree from? Do you have a degree?” As of today, you are in the possession of a well-respected degree. The second question people ask you is, “Which language do you speak?” You definitely must say that you have mastered the language of entrepreneurship today. Besides that, I encourage you to learn more languages. Language is an ice-breaker. Learn in twenty languages how to say “hello” and how to say “thank you”. The world doesn’t end in India. The world is broader than India. So, if you can break the ice with other people and other cultures, it’s always appreciated. And the third question they ask you in life is, “Who do you know? Don’t say you know me! Who do you know?” So, continue to expand your network, continue to interact with your professors and continue to interact with your classmates. But, also look and know who the alumni of last year are? And you may know that we have alumni all over the world. So, try to connect with these people because there are whole lot of opportunities for you. I wish you good luck with that.

I also would like to thank the administration of the Institution for their outstanding task which they have done this year and the previous year. We are proud to be associated with you. And also, dear Graduates, you should thank your faculty. Dhanyawaad (thank you)!

Dr. Jain then presented the candidates from IILM Undergraduate Business School to be admitted to the Degree of Bachelors of Business Administration in Entrepreneurship, announcing the names in alphabetical order.

The Degree was handed over to one hundred and eleven qualifying graduates by the Chief Guest, and the candidates who could not receive the Degree in person were conferred the Degree in Absentia.

The Chairperson, Mrs. Malvika Rai was requested to give away medals and certificates to the meritorious students as follows:

Dr. Kulwant Rai Gold Medal for securing First Position in Academics was awarded to Shubham Gupta.

Dr. Kulwant Rai Silver Medal for securing Second Position in Academics was awarded to Nikunj Agarwal.

Awardees of the Special Prize for the Best Thesis Saachi Narang and Tejas Kumar. The Award was conferred upon Tejas Kumar in absentia.

Mrs. Malvika Rai, Chairperson IILM, conferring Dr. Kulwant Rai Gold Medal on Shubham Gupta for Academic Excellence

In the end, the Dean, IILM UBS sought permission from the Dean, SBS Swiss Business School and declared the ceremony closed. Then audience then rose for the National Anthem after which the Academic Procession and the fresh graduates assembled for group photographs.

All Graduates, parents and other invitees were welcomed to partake of high tea, during which the Management, the Director, the Dean and all the Faculty Members interacted with one another and shared their happiness and best wishes.

 

 

 

 

SOFT SKILLS : The mantra of Success

General Blog, ,

Students, professionals, and industries are talking about the much hyped and needed soft skills for the students of B Schools. Everybody seems to have woken up to the fact that soft skills are more important than the technical skills. Soft skills are the opposite of hard skills. Hard skills are basically technical skills that identify people in certain industries whereas soft skills are what professionals need to move along with each other, such as emotional intelligence, a sense of humor, manners and observing the proper way to act in a given situation. Technical skills position you as competent, but soft skills help you to deal with your clients and co-workers.

MBA graduates feel that just getting a degree/diploma in hand would get them a great job, however, they are left disappointed when they face the interviews and find that they lack the much-needed communication skills to impress the interviewer. In many leading companies, recruiters are now looking at candidates with not only business/technical skills but also with a set of soft skills, which includes how well they relate and communicate with others. The most sought-after skill during an interview is the communication skill as it comprehends how well the candidate would communicate with his seniors, peers, and clients. The development of ‘Soft Skills’ in the industry becomes very important when there is intense competition for many available positions. The ability to develop and use ‘soft skills’ can make the difference between a job offer and the enjoyment of a new employment and community environment.

According to MeritTrac’s (India’s Largest Skills Assessment Company) Talent Pool Report, three out of four MBA graduates are unemployable in India. These alarming reports have sent strong signals to the industry and B-schools who have realized the dire need of training students in soft skills in order to carve them into industry ready professionals. Most of the B-schools have started integrating soft skills training into their curriculum. Rigorous soft skills training includes mock interviews, group discussion, public speaking classes and interactive sessions. Also, managerial communication, organizational behavior, and leadership courses are conducted on regular basis. Still, the industry is facing a shortage of people who are capable of delivering soft skills training. The demand-supply gap still hovers at large.

In the majority of B schools, students lack communication and articulation skills. The B schools have taken this aspect seriously and have incorporated soft skills as a module in all semesters and cover it as a part of their curriculum. These kind of training programs are quite beneficial for the students especially coming from small towns and cities.

Let us have a look at what life skills means? According to Wikipedia, Soft skills refer to the cluster of personality traits, social graces, ability with language, personal habits, friendliness, and optimism that mark people to varying degrees. Soft skills complement hard skills which are the technical requirements of a job. Skills like communication, time management, confidence, public speaking, cooperation amongst others are known as soft skills. To be flexible enough in order to adapt to the changing needs of an organization is also a part of soft skills, as it helps students to collaborate with others and influence situations through lateral and more creative thinking.

Soft skills include everything that relates to a group, an individual or an organization in relation to interpersonal behavior, job performance, interaction and working in a team. MBA students aspiring for a job should have a combination of traits and skills like leadership, management, interpersonal skills and ethical behavior in order to move up the corporate ladder.

While at work, soft skills are all about projecting one’s professional skills at its best. Soft skills are not only required while interacting with customers but also in industries where a high level of collaboration is required between multi-disciplinary teams. Employees equipped with good business etiquettes have great self-confidence and self-esteem. This also reflects on their output and quality and also shows out their clarity and determination towards their task. Companies with high investment in training show a higher market capitalization than other companies in the industry.

Some Reasons why MBA aspirants should develop Soft Skills are

  • 1. Soft Skills help improve your career
  • 2. Soft skills create opportunities
  • 3. Soft skills help advancement in career
  • 4. Soft skills offer personal growth

Though B-schools are responsible for making the students understand the importance of such skills, the students also have to take some charge. Students have to comprehend the fact that if they aspire to a good job and want to sustain it, soft skills are important. If the institution is doing the needful, it is also the onus of the individual to take such training programs seriously in order to excel in their professional life. Though institutions have started focusing towards making their students value the need of soft skills through various seminars, conferences, and workshops, the initiatives have to be on a larger scale to ensure that students learn these skills for life.

Finally one has to remember that Soft Skills are skills that are not meant only for today they are meant for life. These skills make a significant impact on an individuals’ working environment thereby maximizing his contribution to the organization.

Faculty-Development-Programme-on-Artificial-Intelligence

Faculty Development Programme on Artificial Intelligence

Faculty, , , , ,

A faculty development programme (FDP) on Artificial Intelligence (AI) was conducted at IILM Lodhi Road campus on 26th & 27th of October 2017. 60 faculty members from the IILM campuses at Lodhi Road, Gurgaon and Greater Noida attended the two day long programme. The programme was conceived and coordinated by Prof Rajkishan Nair. As a pre-requisite to attending the FDP, all the participants had to audit the edX course on AI.

The FDP was divided into three sessions, spread over two days. The first day kick started with a summary of the edX course on AI. The first session revolved around a discussion on the first 100 years report on AI from Stanford University. It discussed the growth and evolution of AI and its impact on our lives and specifically on business. A lot of short videos interspersed all the sessions which were highly interactive. The pre-lunch session ended with two case-study discussions from one of the pre-readings.

The second session, post-lunch, discussed the impact of AI on education & specifically on management education. Participants shared their perceptions and concerns regarding how AI and the Fourth Industrial Revolution is already changing the nature of jobs and the required skills sets of the 21st century workforce and how it would possibly impact the education system. The various aspects of challenges that management educators are likely to face subsequent to the aforementioned changes were discussed in detail.

The third session on the second day morning was delivered by Mr. Pankaj Bhardwaj from TCS. He shared his experiences with Business Intelligence and discussed how AI is changing the business intelligence landscape.

The fourth session was on Blended Learning Models and how blended learning courses enhance learning better. The FDP ended with an assessment exercise based on a brief case analysis on AI.