“We have revamped the entire two-year PGDM program at IMT Ghaziabad.,”
“A completely new outlook has emerged based on industry requirements and practices, which were assimilated further, based on inputs from alumni and industry experts. We have new inclusions like the pre-foundation program, and a brand new foundation module where more than 20 top corporate leaders were brought in to address the incoming students on wide-ranging topics in the first 10-12 days of the new session,” he said.
“This also included five days of the ‘Youth Empowerment and Skill Program,’ where students were put through different activities like stress management, time management, work-life balancing program and teaching-learning processes.”
It was under the leadership of Dr. Nargundkar (as Director) that IMT Nagpur rapidly became one of the top B-schools in India and when the time came to implement major changes at IMT Ghaziabad he was recruited to become Senior Dean (Academics) in June 2012.
Dr. Nargundkar believes these drastic changes will be an opportunity for the faculty of IMT Ghaziabad to ‘relearn how to teach’ and, at the same time, an opportunity for the students to ‘relearn how to learn.’
“This is in line with Professor Srikant Datar’s observations in his book ‘Rethinking the MBA,’ which states students today are much more knowledgeable about the course and can do a lot on their own,” he said. “So the role of the faculty has to be redefined in terms of ‘leading’ a discussion rather than just ‘telling’. It should also be about leading students into creative work to come up with something more original, leading students to the library and field research, making students capable of sharing with the rest of the class and defending points of view in the classroom.”
Quite a few changes have been implemented at IMT-Ghaziabad.
“All students will undergo a compulsory simulation program,” said Dr. Nargundkar. “As a part of our accreditation process with the global agency AACSB, we are doing things a lot more systematically than we were perhaps doing earlier. Students are going to have documented assurance of learning. This may have been happening earlier, but now it will be documented.”
And now students at IMT Ghaziabad can opt for a six-month long term internship along with a dissertation, instead of the usual two months. If a student is missing out on an elective he or she had opted for - owing longer internship - there is provision for a ‘one-on-one’
“There is also a brand new initiative where we are partnering with industry to offer content,” said Dr. Nargundkar. “We’ve tied up with Genpact and five to six courses in financial analytics are being co-designed with the company. It’s a win-win situation, where a company like Genpact gets a good look at the students, while students get a good shot at getting into the company.”
Along with other faculty members, Dr. Shubhojit Bhattacharya, associate professor, economic environment and strategy, praised the changes, saying: “The course curriculum lays emphasis on inculcating an element of leadership in the students, while encouraging them in learning by doing things.
“Management education is not just about teaching you how to manage somebody’s business. It is about teaching you how to utilize available resources most efficiently to make a positive contribution to yourself, your company, your society, to the people around you, to everyone’s life. That is the big picture we refer to in business practices here at IMT Ghaziabad.”