of
IIn a world where corporates define
the shaping of the human race going forward, it has been seen that managing people is an art. In this commercial world, delicately making a fortune of both privileges and necessities, managing business is considered an essential trait that many business tycoons worldwide constantly search for.
Moreover, an organisation comprises a pool of people that defines, redefines and expertise various domains, collectively working toward a common goal. While people's lives consist of constant ups and downs, nobody knows when the next problem might kick in.
As a company is entitled as a separate entity, the lines from 'The Brook' by
Alfred Lord Tennyson completely resemble the working structure.
'For the men may come and men may go, But I should go on forever.' This philosophy has been organisations' motto for centuries, and this philosophy has converted startups into bigger-than-life companies. And that raises the most asked question, 'Why is it necessary to understand humans, the organisation structure and work accordingly?'
Well, the answer to this lies in the process that releases the company's momentum to move forward. Moreover, just like life should move ahead without pause, the companies should also go on as some of the other people's lives and businesses might be dependent on it.
And since companies are made up of a pool of diverse men and women, human complexity is a factor that requires management.
The need for management studies was found to be necessary to keep the companies growing while satisfying the human factor attached to them for smooth functioning. Universities across the world soon launched
institutes for effective management that would tie both ends of a knot to complete the circle of business and organisations.
Since then, the world has witnessed a roller coaster ride in the commercial space. And the education sector has also evolved and broadened its wings to stay relevant to the changing business paradigm across the globe.
While some institutes and colleges have made a name for themselves in management studies over the years, for this edition of The Knowledge Review, we ventured out on the quest to find ' The Most Prominent Management Colleges of the Year, 2022.'
These colleges are defining the modern study of management to make it The Art of Managing.
Let this edition serve its purpose and guide you to what you are looking for; moreover, look at the articles curated by our in-house editorial team to enlighten yourself about the latest trends in management studies.
Have a happy read!
ashlesh.khadse@insightssuccess.com
Ashlesh Khadse Ashlesh K hadse
ABBS
Acharya School of Management
Ebenezer Group of Institutions, Bangalore
Jaypee Institute of Information Technology University
abbs.edu.in
The Most of the Year 2022
Acharya Bangalore Business School (ABBS) was founded in 2008 as a sterling management institute under the umbrella of Samagra Sikshana Samithi Trust.
Acharya Institutes is among the best colleges in Bangalore, the academic, residential, extracurricular, and landscaped zones of the campus are innovatively integrated. acharya.ac.in
bulmim.ac.in
Thanks to an inspiring association with Mr. Lakshmi Mittal, legendary global entrepreneur, and steel icon and his wife Mrs. Usha Mittal, the Institute has produced confident and successful professionals who are making their mark in different industries.
Ebenezer Group of Institutions is dedicated to moulding young minds to become strong pillars of the future through training, in keeping with the latest developments and trends ebenezercollege.edu.in
JIIT aims to groom students in a holistic environment to instil and nurther the manegerial skills in the future leaders. jiit.ac.in
krupanidhi.edu.inKrupanidhi School of Management
mdi.ac.inManagement Development Institute
Ramaiah Institute of Management
Regional College of Management
Shri Vaishnav Vidyapeeth Vishwavidyalaya
msrim.in
Krupanidhi School of Management is one of the Top PGDM and MBA colleges in Bangalore, aiming to empower students with exceptional academic education to soar to greater heights in the corporate world.
Located in the business hub of Gurugram, Management Development Institute (MDI) Gurgaon has been a trendsetter in the field of management education, consulting, high-quality research, and executive development.
The Gokula Education Foundation (GEF), a part of the Ramaiah Group of Institutions, Bengaluru, founded M S Ramaiah Institute of Management (MSRIM) in the year 1995 to impart highest quality education for management students.
rcm.ac.in
Started in the year 1982, Regional College of Management (RCM) was established with the sole purpose to provide the students with a beacon.
svvv.edu.in
Shri Vaishnav Vidyapeeth Vishwavidyalaya has been established with a vision to be leader in shaping better future for mankind through quality education, training and research.
Bharatiya Vidya Bhavan's Usha And Lakshmi MittalEducation without skill makes less or no impact.
Legacy of Excellence in Management Education
What comes to your mind when you read the word 'Technology'? Does it come across as a specific constant term or a vivid complex one?
Perhaps, you might visualise the recent cutting-edge developments in AI, Gadgets or Automobiles that seemed an impossible dream in the past. But the future has arrived, at least for those who have witnessed the modern technological transition globally.
So factually, 'Technology' and its reach could be viciously boundless, and it can even expand beyond most remarkably distant human dreams.
It is a fact that technology might even advance drastically, and its by-products
reach even the most remote corners of the world. As such numerous amazing possibilities keep sprouting, the expanse of business and global industries will also rise.
To harness these possibilities, the visionary- Ebenezer Group of Institutions- Management College has been striving to harness the best advancements in education and technology to create future leaders.
As The Knowledge Review came across the Principal of the college, Prof. S Vijaya Kumar, who helped us reveal and contemplate the methodology, advanced pedagogy and futuristic vision of the prestigious organisation.
The Ebenezer Group of Institutions is a pioneering educational institution have established an impeccable two decades of track record in imparting exceptional knowledge that knows no bounds. Prof Vijaya Kumar says, "Education without skill makes less or no impact."
Therefore, the Ebenezer Group of Institutions strive to sharpen young
minds with practical knowledge and experience. This is ensured through the latest technology and developments in the subject. The institutes are equipped with the finest tools and infrastructure required to enhance the students' abilities, that too, on a lush green, spacious campus and a growthinducing environment.
The Ebenezer Group of Institutions' primary aim is to produce intellectually skilled and groomed professionals for global competition. The organisation bolsters the systematic construction of syllabi that cater to international and national demands to make the world a stage for its students.
While elaborating on this innate philosophy of the eminent organisation, Prof Vijaya Kumar says, "Ebenezer Group of Institutions is located in Bangalore, where people from every ethnicity, culture, language and walk of life feel welcome. We don't follow the traditional teaching models. Instead, we focus on your holistic development, Experiential Learning, Industry Integrated Education, Cultural Activities, Club Activities, Sports, Social Work, and much more, guaranteeing you three years of funlearning experiences.”
We don't follow the traditional teaching models. Instead, we focus on your holistic development.
“
The Principal of the College of Management, Prof Vijaya Kumar, is an able, efficient and dynamic leader who has won widespread appreciation in the professional arena.
Over the years, Ebenezer Management College has developed its own distinct identity. Established in 2010, It is the primogenital management college in Bengaluru, India. While speaking about the same, Prof Vijaya Kumar asserts, "The hallmark of this identity is not to walk on the compacted path but to strike new routes; not to benchmark, but to be benchmarked; to be second to none, but to be the first to respond to the needs of the people and the nation; taking up tasks that are bold, but necessary, that which upstart has hitherto taken up."
Ebenezer Management College has always had and maintains a global outlook. We were the first among management schools in India to internationalise our academic programmes. Renowned personalities, distinguished industrialists, academicians and stewards of Bengaluru Ebenezer Management have been part of the institute as leaders,
administrators, faculties and guides. True to its vision, Ebenezer strives to offer an education that just does not culminate in a mere degree but inspires future business leaders to respond to the unmet needs of society.
As the management of the institute suggests, a critical characteristic that differentiates Ebenezer students from other management colleges is a distinction - a quest for the best, never settling down for mediocrity and always aspiring to excel. They relentlessly strive for more, for something better than the best.
Ebenezer Management College is a top-performing College in Bengaluru. Aside from outstanding academic success, the college, its faculty, staff and courses have won numerous prestigious awards and accreditations in recent years. This shows that quality and excellence run through everything the organisation intends to do, making it the best choice for students and other associated agencies.
Innovation in Learning: Cryptocurrency, Blockchain Technology and AI
Ebenezer committed to building a better nation through Quality Education with team spirit.
Ebenezer aims to be the centre of excellence education of socially responsible leaders and frontiers for their graduates.
Ebenezer Management College has several University affiliated program such as – BBA General, B.Com General, B.Com Logistics, BBA Aviation and BCA General. Apart from these courses, the institutions also provide some Ad On courses such asCrypto Currency and Portfolio Management, Data Science and Block Chain Technology, Aviation and Port Management and many more.
These advanced Ad On courses hone students to expand their expertise in scpecialised fields which has great future prospect.
For an example, as Prof Vijaya Kumar explains, "Students can benefit from crypto by learning what it is and why it is here. Purely on the fact of being technically literate coupled with the willingness to learn new things. The crypto space is a fantastic opportunity to understand fiat currency, fractional reserve banking systems and government ties to corps. The knowledge is out there and free to learn. The most beneficial aspect of crypto today is the time you put into it. It may seem to go against the norm in many ways, but that's the value. The time is now to learn how coding and developing programs will impact the future."
The technology that allows selfobtaining learning data where student data like credentials, personal information, and skills learned are stored on a blockchain and not owned by any central administrator like schools or universities is truly revolutionary. Also, a student can store and access the data lifelong and ultimately control the data. Simultaneously this ensures that the data provided by the students are accurate, and it creates their credibility with their employers.
According to Prof Vijaya Kumar, the current innovations also allow developers to train a computer to do complicated tasks. This can help improve the teaching and learning processes; however, it's not intended to replace the teacher or professor.
Artificial intelligence provides some surprising benefits for learners and educators. The opportunities are elaborated below:
Youngsters spend a lot of time on the go and prefer doing everyday tasks using their smartphones or tablets.
Artificial intelligence-based applications allow learners to study during free time, spending a few minutes on a task. Also, learners can get feedback from teachers in a realtime mode.
Artificial intelligence-based solutions can adapt to the learner's level of knowledge, interests, and so on. The system tends to help learners with their weaknesses. For instance, before starting to use an app, the learner takes a diagnostic test; the app analyses the responses and provides suitable learning activities.
There are four levels in these methodologies: Ÿ
Level one: Recollection and reproduction
Level two: Knowledge application
Level three: Strategic thinking
Level four: Extended critical thinking
Occurs through chapter or unit
Improves how students learn
Covers small content areas
Monitors how students are learning
Focuses on the process of student learning
To withstand incredible examination results continuously. To meet outstanding placement and embryonic entrepreneurs.
Leverage cutting-edge brand values and equity of the group of institutions. The prime magnetism of Ebenezer provides supreme satisfaction to our stakeholders.
Occurs at end of chapter or unit
Evaluates what students learn
Covers complete content areas
Assigns a grade to students' understanding
Emphasises the product of student learning
In today's business scenario, crosscultural awareness and networking has become important for management students who need to have updates about international markets. Speaking about the strategy of the Institutions, Prof Vijaya Kumar explains, "Currently, it is important that we offer global exposure to students through international exchange programmes, foreign internships and foreign trips.
To bring a global orientation to the teaching-learning process in the classroom, Ebenezer Management College has designed program delivery to expose students to cultures and business practices in different countries."
The Ebenezer Management College believes that global exposure is the key to success in today's economy, and the same is inbuilt in the course design and delivery through;
Faculty Exchange Programs
The Ebenezer Group and the Management College strives relentlessly to keep advancing on every facet of its teaching- learning and infrastructure and strategies to ensure the best for its students.
Achild starts learning from the
moment it is born. The first few things it starts to learn are to explore, reach out, and focus on its vision. As the child grows into an adult, he learns various social and personal skills making him functional in society as well as in his personal space.
One of the most important skills learned during an individual's life is that of 'Management'. Though it could be argued that management is a fundamental process an individual learns during adapting to the surrounding. However, developing this
skill is important to have a wellbalanced life and career.
Learning and cultivating management leads better understanding of the situation and responsible behaviour. This skill has become of great importance in today's world, developing into a branch of studies and evolving as a must in the business industry.
Management education provides its students with a lot of open opportunities in different businesses and industries. And learning it not only can boost career growth but also develop an individual's personality.
An individual might already possess numerous skills, but the study of management polishes them for better use and effectiveness. Among several skills learned during the study of management are the skills of creative thinking, problem-solving, decisionmaking, and critical thinking.
These skills help individuals in better management of responsibility and tackling situations. As managers, these skills prove to be of grave importance. Along with these, soft skills like business communication and interaction are also learned during the duration of management education.
This develops the value of a person in the business market as well as creates a valuable personality that is beneficial for personal gain.
An individual benefits by creating social and professional connections with the learned skills. Not only this, but a person also learns to manage, thus creating relations. Many connections are formed during learning the program as there is a constant
opportunity to collaborate with fellow students and gain insights from them. This also provides the opportunity to better chances of connection later on.
This strong building of network could prove useful to an individual's benefit in gathering clients and help in the business scenario.
The management program is not only for aspiring managers in successful companies but also for entrepreneurs.
After all, an entrepreneur, at heart, is also a manager. The program helps construct the basic foundation for an entrepreneur and understand management, which is necessary for effective business.
Management education cultivates an individual into becoming an influential leader while helping them understand the psychology of the business. Learning and having an idea about the market, management, networking, and every other field of business could make a person a better leader.
Being one of the most competitive fields, there is a constant demand for good managers in businesses. One can choose masters in the field of choice, and it would open up numerous doors of opportunities.
Considering the demand of the field and the profile of jobs, the companies provide high salaries to management students.
Acquiring a management degree has become easier today with the new involvement of various technical factors and the help of technology. With online education, the courses could be attended from anywhere across the world. Not only this, but it
also provides a chance for the individual to study at reputed institutions across borders without travelling to the destination.
Apart from the convenience of studying from the comfort of home, the programs in management studies are known to be flexible and tailored to individual needs, which helps them further.
Apart from the technical factors of studying management, it also provides numerous personal benefits. The entire course develops an individual into a better person by inculcating the qualities necessary to live a better life.
The most important among all the qualities are management and balance. This helps individuals to stay stressfree in their personal space and manage their issues more effectively. Apart from this, skills of critical thinking, problem-solving, and management of situations also help a person to lead a peaceful and better life.
Completing the Arc Management education results in the all-over development of an individual and proves beneficial not only for the career but also for the person's own self. The popularity of the field has risen among the masses along with the awareness of the products of the field, which has attracted a large amount of crowd to Management Education.
Management education is definitely an option to look forward to growing into one of the best fields and providing effective leadership. Grown to such an extent, the field still leaves an extensive number of chances for development open.
- Chaitali Vairate
Amanager is the backbone of
organizations! Every employee and organization require a person who can meet their needs and lead them towards growth. As we know, a manager not only helps the firm and employees in achieving its goal but also takes care of the operation of each department in an organization.
Every human has management skills instilled in themselves, as they come across many life challenges, and to overcome those challenges, people need to make many decisions to reach the right solutions. But from where did a human get these management skills? Everyone learns management skills at home and later from schools and colleges.
But the concept of management learning is not new; it was introduced thousands of years ago, probably in the era even before the birth of Christpeople did conduct overseas business and managed all the records manually. If we talk about the best managers, our freedom fighters were pre-eminent examples of proper management and great leaders/managers. They led and
integrated each country's citizens to fight against the British. Mahatma Gandhi was the only freedom fighter who didn't commit any violence while fighting for the country's independence. He co-operated with the common people and led everyone toward the path of truth and nonviolence.
Much before the country got independence, a number of freedom fighters also focussed on education to educate the youth and make them ready to take over the development of the country. A very prominent among them was Dr K.M. Munshi, who worked under Mahatma Gandhi's guidance. Based on his beliefs, Dr Munshi established Bhartiya Vidya Bhavan in 1938, and set up schools and colleges all over India.
Later in 2007, when leadership decided to start a Management Institute in New Delhi, the Indian steel tycoon Shri. Lakshmi Mittal and Smt. Usha Mittal came forward with financial help and support, thus Bhartiya Vidya Bhavan's Usha & Lakshmi Mittal Institute of Management (BULMIM) was born, and started offering AICTE approved PGDM courses. The institute teaches and develops the management skills that help the students become successful future managers. Its robust industry interface helps them place their students in renowned organizations.
In an interaction with The Knowledge Review, Dr M. Durgamohan , the Director of the BULMIM, shared his experience, learning and future vision mission for the growth of an institute.
Background Story of the Institute Bhartiya Vidya Bhavan's Usha & Lakshmi Mittal Institute of Management (BULMIM)was established in 2007 with the support of
We make students realize that end of the course is not an end but a new beginning to their learning expeditions.
many things under Mahatma Gandhi's guidance. The second pillar is the faculty member of the institute, the third one is Industry Interface, and the fourth and an equally important pillar of the institute is its alumni.
the Indian Steel magnate Shri. Lakshmi Mittal, and Smt. Usha Mittal. The institute commenced its operation in the same year when it got approval from AICTE to offer a full-time PGDM course.
The uniqueness of the PGDM course is that it has a dual specialization of equal weightage, as well as the institute has special German language classes for the students. It also has an active student exchange programme with the Universities for Applied Sciences, Dornbirn, Austria, Sprott Shaw College, Vancouver, Canada, Inalco, Paris, France.
The institute is based on the four pillars that are essential for Business School and accountable for the BULMIM's success. The first pillar istheir parent organization Bhartiya Vidya Bhavan which was established in 1938 by Kulpati Dr K.M. Munshi; he was a freedom fighter who learned
These four pillars help the BULMIM to successfully implement the 'Outcome-Based Education' with the attributes necessary for graduating future managers, which has become the driving force of the institute.
The success of the institute leads it to achieve special accreditation such as 'Premier Institution' by ASIC, UK in 2020. It is also renowned for its placement services, as it successfully placed 96 to 100 per cent of students in the last four years, even during the pandemic.
It is often said that someone is always behind someone's success. Similarly, Dr Durgamohan is a noble person behind the BULMIM's success. With 18 years of industry experience and 27 years of academic experience, he has taken the institute to newer heights. Apart from his working experience, he has a tremendous academic record and holds a PhD from Dr B.R. Ambedkar University, Agra. He was also an alumnus of the Indian Institute of Foreign Trade, New Delhi.
Dr Durgamohan was an active member in organizing six annual international conferences, strengthening the industry interface, which has been creating employment opportunities for the students. His primary aim is to bring outcome-based education to the institute and incorporate the employability skills in their curriculum.
While conversing with the Dr Durgamohan, he inspired us with the vision, mission, and core values of a BULMIM and cited-
To impart value-based, holistic management education with entrepreneurial and leadership traits ensuring sustainable growth of the society and capability of handling future challenges.
Ÿ
To create opportunities for students to enable them to realize their full potential and develop the capacity to face changing future challenges in a highly competitive business environment.
future.
Ÿ To provide creative and formative education for harmonious and all-round development of students to function and excel responsibly for transformational changes in society.
Ÿ Quality Education at an affordable cost student-centric approach, in which the student is considered the most important stakeholder.
Ÿ Transparency and open-door policy.
While talking about the objectives of the course and its outcome on students, the institute has set the following goals, which are mentioned below:
Ÿ
The course enables the students to contribute to business acumen and take care of organizational growth and sustainability.
The institute indulges the following attributes in the students, making them significant business acumen leaders.
Ÿ Deep knowledge of the domain and broadening intellectual capability
Ÿ Problem-solving, decision-making, and critical thinking skills
Ÿ
Effective communication skills and teamwork
Ÿ Leadership quality
Ÿ Intercultural and Ethical Competencies
Ÿ Global adaptability
Ÿ Digital Capabilities
Since 2017, BULMIM has been using the E-learning facility in the institute; in the provided facility, they encourage students to watch videos of MIT open courseware topics that have been discussed on another date and day. It is a kind of blended learning system.
Ÿ
The institute prepares its students to anticipate future trends in the business environment and be able to make decisions that create value for stakeholders and society at large.
Ÿ
To equip the students with valuebased management skills with high intellectual, moral, and cultural standards for a sustainable societal
Ÿ BULMIM train and nurture the students to ensure excellence in business, which is also relevant for societal good.
Ÿ The institute inculcates ethical values in business management.
However, the pandemic has become the source to shift the institute's teaching/learning process to online mode, as the government imposed a strict lockdown in the country. The faculty members of BULMIM used Google classroom, Zoom, Microsoft Teams, and Google Meet to make the teaching/learning process more effective and easily accessible for students and teachers.
The institute provided laptops to the students as a part of their induction kit, which helps the student to have the necessary essential equipment. Even after starting an offline class, the faculty members continued using Google Classroom as an effective tool for assignments, disseminating information, background papers, and many other things.
When we asked Dr Durgamohan about the college's initiatives for the students' future endeavours, he asserts, "BULMIM endeavours to make students life-long learners by updating and upgrading their skills consistently. The students imbibe these values during two years of the course. We make students realize that end of the course is not an end but a new beginning to their learning expeditions."
The institute focuses more on cocurricular and extracurricular activities. The co-curricular activities include the Annual International Conferences, HR summit, Roundtable discussions on budgets, seminars/ webinars on current topics related to Marketing, Finance, Business Analytics, Operations, HRM, International Business, Digital
Marketing, and Supply Chain Management, and many other activities.
The institute achieved an award in the annual Inter B-school case study competition and 'Adhyayan' competition which was in collaboration with the Multiplier Brand Solutions.
The college's extracurricular activities are the annual Management Fest' Aspire-Soaring High'- a two-day inter-institutional event, Diwali mela, New Year's celebration, freshers party, farewell party, and many more intercollege events.
The essential benefit of arranging these extracurricular and co-curricular activities is that the students learn to work in teamwork by organizing the events with the support of their faculty and staff members.
After sharing the gigs of the institute's co-curricular and extracurricular activities, Dr Durgamohan also shared the college's most notable achievements, and they areŸ Accreditation as a "Premier Institution" by ASIA, UK Ÿ
The Inter-Business School Case Study Competition "Adhyayan” Ÿ Top-up degree (MBA) from International American University, Los Angeles, USA Ÿ
BULMIM is an all-India ranking Bschools by MBA Universe, it has been holding the consistent 60-61 (All India Level) position for the last three years, and at the DelhiNCR level, BULMIM stands in 18th position Ÿ
The student exchange program with the University of Applied Sciences, Dornbirn, Austria was extended for another five years in 2021
When we asked Dr Durgamohan about his envision for the future of BULMIM, he shared,
"The future of BULMIM is dovetailed with the strategic plan, and it will be listed in the Top 20 by 2025. This Strategic Plan has six segments. They are: Ÿ
Enrich the Brand Equity Ÿ
Vibrant Center of Learning and Skill Development Ÿ
Improve the overall student experience Ÿ
Strengthen knowledge and intellectual capital Ÿ Augment employability Ÿ
Enhance industry interface.
Apart from the above, BULMIM would like to offer twinning programs with foreign universities. The foreign universities would be from Western Europe, with whom the initial discussions have already been done.
From an Indian perspective, taking other institutions as knowledge partners on board in the areas of Analytics, Finance, and Digital Marketing would enhance immense value to the institution."
To provide creative and formative education for harmonious and all-round development of students to function and excel responsibly for transformational changes in the society.
OOnline learning has shown
Vinita Misra CEO , Charnock Healthcare Institute, Kolkatasignificant growth over the last decade, especially at the time of COVID-19; online learning has become more centric in people's lives. The pandemic has forced the system to isolated working, which has boomed online learning usage. Even before the pandemic, there was already high growth in the online education market, and it was supposed to reach $350 Billion by 2025, which might increase after the COVID-19 scenario. Due to the flexibility and affordability, people are finding online education more attractive than classroom education.
With online classes, you can now complete your MBA from anywhere you'd like—whether from your kitchen or living room, your office, a coffee shop, or whichever room you fancy. Online education has brought all the top and unaffordable institutions to your doorstep. You can do your masters from Harvard University while sitting in a remote village in Maharashtra or Kerala.
Certainly online education has some advantages and thus is getting popular. But is it really better than traditional classroom education? Recently a student of mine who is doing GNM nursing, came to me with a request to leave her course, which she had joined at the time of the pandemic. She has already completed two years of learning and left with just one year of education. Her decision was extremely surprising for me as her academic record was quite good.
After a brief discussion with her, I learned she has no problem with the course but is not comfortable working in a hospital environment. She does not want to deal with patients. She joined her course during the pandemic's time and studied online. She even gave her exams online and cleared them with good scores. But after the pandemic when she had to work in a hospital, interact with people practically, she could not handle it. This was not the only case; many students came with similar complaints. Some students had
adjustment issues with their friends. Some said they are not comfortable working together with their classmates. They are not comfortable sharing their room with their best friend. Some suicidal cases also came up during the pandemic period. Many had gone into depression which still continues.
The isolation and not interacting with people have put them into a shell which is hard to break. Today's kids are comfortable chatting with an unknown person sitting in the USA but not comfortable conversing with their neighbour whom they have seen from childhood. They have a lot of virtual exposure but still lack the confidence to face the world. We need to understand what real education means and why we need to get educated. Is it just reading some topics and knowing them by heart? I may know the world, but how will it help me or anyone else if I cannot use it to develop society? Real education augments us as a person. Erect the confidence to face challenges. Give the power to bring a change in our lives and in society.
A child studied nursing, but cannot handle patients. An MBA professional is not comfortable facing clients, then how is the education helping them? Today we all live in a nuclear family, so for any child, human interaction is very little in the family. On top, children are always glued to their mobiles and iPad, which has radically restricted their physical and social movement. The only place where they get to meet and interrelate with people is their school or college. This interaction is an absolute necessity for every child for their physical and mental growth, which cannot be provided through online education. Online education can work as a support system to the traditional education system but cannot be the ultimate solution.
Vinita Misra is the CEO of Charnock Healthcare Institute, Kolkata. She has been associated with Charnock Healthcare Institute for the last five years. She is a post-graduate in Advertising and PR, and holds 15 years of experience in the field of advertising and brand building. She was also awarded as "Woman Entrepreneur of the Year (Healthcare Sector)" in 2022. For her firm belief in empowering women.
In ancient times even the prince had to go to the gurukul, where they could easily afford homeschooling. The aim was to give them a healthy environment to grow and make them social people. Online education is a great option for working professionals who cannot manage time from work commitments. Online education can do wonders in upgrading knowledge and expanding our network. But when we are trying to shape a child, online learning cannot be their go-to path. The difference between learning and education is microscopic but very crucial. Learning something enhances our knowledge and thus educates us. But education does not guarantee to learn. We need to learn through our education, which can be achieved through our traditional education system with the help of online learning. Only online learning can be a disaster for any individual. It may increase the mental and physical illness among the kids and create a negative impact in the entire society.
Everyone has been taught some
difference between right and wrong since childhood. As one grows, they begin learning more about the right practices and set certain ethics or values in their life, that they won't practice certain things and try to stick with their values and ethics in their whole life.
Similarly, every business is also established with a particular code of ethics that has followed strictly and ensures that others who are joining or working for their company must follow those ethics. If someone tries to violate
the business's ethics, management may penalize one.
But what is the business code of ethics, and who sets those ethics and values? The business code of ethics differs according to the company. Some board members or top management people in every organization set specific rules and regulations for practising any activities.
For instance, recently, Bhartpe owner Ashneer Groover was in the news- as he performed fraud activities with the company. Hence, the board members,
like the company's stakeholders, asked him to leave the organization.
Similarly, many case studies related to violation of ethics and values. As discussed before, business ethics and values differ according to an organization, but still where one can get to know about the basic code of ethics of the corporates.
To learn a business code of ethics, one has to pursue management education as it helps the younger generation to understand business ethics and values. However, it allows them to follow the basic ethics of the organization while joining it. And if one has new business ideas can imply those codes of ethics in their startups.
The management colleges are embracing the students to learn new business skills and providing a great platform to the students for their bright future. However, management colleges emphasize students and support business firms to enhance productivity, smooth functioning, and maintain ethics in their organization. There are various other ways management colleges embrace business performance.
Embracing Sustainability In the developing scenario, business schools enhance sustainability in teaching, practices and research. The Management faculties and environmentalists have been indulging the importance of environmentfriendly products as an ethical practice of an organization.
Many industries have been producing such products which cause harm to our environment, for example, plastic companies. These companies use various harmful raw materials to make plastics, which may cause some severe issues to human health.
However, management colleges help organizations practice CSR activities to sustain the environment.
In the techno-savvy world, all colleges and universities are providing technology-based education, which helps students to meet emerging industrial demands. And since COVID19 colleges are using modern technological tools to teach the students, the results have been very positive as the students are taking an interest in learning and understanding the subjects and concepts very clearly.
Apart from modern technology, the management college prepares students for the digitalization world by providing them with rigorous training in digital tools.
Helps in Making Better Decision Management college indulges basic business ethics in future leaders and entrepreneurs. However, these skills allow the students to make quick and correct decisions when required. Management studies provide professional training in critical analysis, where every student learns to analyze every situation and make suitable investments, finance, and many other essential decisions.
A Code of ethics not only maintains the decorum of the organization but also improves the relationship between employers and employees. Suppose the employee does a great job and follows all the rules and regulations of an organization. In that case, the employees' loyalty wins the trust of their employers, and employers also provide great platforms and immense opportunities to the employees.
As discussed before, management incorporates managerial skills and business ethics in oneself, bringing healthy organizational culture. Apart from these skills, management colleges provide professionals to organizations.
It helps industries to work less on employee training, as unprofessional people require lots of time to understand the company's work. And the students from management colleges get proper professional training during their studies, and hiring professionals enrich the organization's culture.
Increasing the Organization's Profit
While talking about profit, the profit depends on an organization's smooth functioning and healthy environment. To maintain the organization's legacy, everyone looks for loyal, professional, innovative, creative and trustworthy candidates who can help the companies achieve its milestones.
Ending the Discussion Code of Ethics is not only helping businesses to stand out from the competition but also helps one in all aspects of life, because values and ethics play a vital role in building a civilized society. If any business or anyone fails to follow certain ethics and values, they fail sooner or later in life.
Every business stands on the fundamental ethical value, i.e., 'fairness and honesty' with customers, employees, and others who are all connected to the organization.
An organization or a person who strictly sticks to ethics and values earns profits and gains massive respect from society.
- Madhu Guleria
What defines the success of any organization? We all know employees play a significant role in determining the success of an organization. Apart from employees, managers are the key aspects to achieving its goals and shaping the organization in a way that integrates everyone towards growth.
Talking about managers, they bridge the gap between top-level, mid-level and lower-level management. In short,
they act as a mediator in the entire organizational pyramid.
Moreover, they conglomerate the positive environment and also make all the necessary decisions to raise the net worth of an organization.
Having said that, every organization looks for highly qualified persons who can manage their company. For that, they look at management students from renowned institutes. As the prominent
management institutes provide rigorous training and groom the students in an environment that helps them to become great leaders.
In retrospect to that, the Shri Vaishnav School of Management of Shri Vaishnav Vidyapeeth
Vishwavidyalaya ensures excellence in management education and prepares aspiring managers who can meet the challenges of the corporate world. The institute gives priority to research-
based learning for the holistic development of the students.
While having a conversation with The Knowledge Review, Dr Upinder Dhar, the Vice-Chancellor of the University, shared his career achievements as well as the institute's vision, mission and future strategies for the growth of SVVV.
The Blooming Bud of Management
Shri Vaishnav Vidyapeeth
Vishwavidyalaya, Indore, aims to encourage academic excellence through interdisciplinary applied research and to expand realms of knowledge through innovation.
Under the flagship of SVVV, Shri Vaishnav School of Management was established in 2016 with a view to promote excellence in management education and prepare future managers to meet the challenges of the corporate world.
Shri Vaishnav School of Management is committed to providing quality education, thus, ensuring academic rigour.
As MBA is considered to be a highly rigorous program and B-schools have to ensure that the students are groomed to be capable of handling the difficulty of the program.
The school consider candidates' academic background during their admission to each of the MBA programs, which is provided on the basis of CAT/MAT/XAT/ CMAT/ ATMA/ SVET scores or any other equivalent entrance test. SVSM also offers a scholarship scheme for meritorious students at the time of admission.
Shri Vaishnav School of Management offers a variety of industry-ready
management programs MBA (Dual Degree Program), MBA (Hospital and Health Care), MBA (Rural Management), MBA (Business Analytics) which inculcates employbility skills among students.
Also, research is one of the top-most priorities of the institute because it is believed that generation of knowledge enriches the future with freshness and empowers each individual to overcome obsolescence.
Apart from the Post Graduate programs, SVSM also offers BBA (Bachelor of Business Administration) programs that groom young students for managerial roles. Shri Vaishnav School of Management follows unique teaching pedagogies, which enhances the holistic development of students. It includes case studies, Major Research projects at Under Graduate and Post Graduate level, Internships, workshops, Industrial visits, Live Projects, Conferences, and many more essential activities.
Dr Upinder Dhar is Vice Chancellor of Shri Vaishnav Vidyapeeth
Vishwavidyalaya (Indore). Earlier, he was group additional vice chancellor and pro-vice chancellor (Academics) in Amity University (Noida) and is also the founding vice chancellor of JK Lakshmipat University (Jaipur).
Expected learning outcomes are that students after learning a particular course should become employable, industry ready and compassionate human beings with integrity who can give back to the society.
Moreover, he has been the dean, director, professor, reader, and guest lecturer in many universities and institutes. Dr Dhar has conducted more than 650 management and faculty development programs for the executives of major business houses and faculty members of academic institutions.
He has also been a guest faculty member at renowned universities like IIM Indore, IIM Trichy, IIM Calcutta, and IIT Roorkee. Besides all these consultancy assignments, he has authored/co-authored/edited more than 700 publications, and 36 PhDs have been awarded to intellects under his supervision.
Dr Dhar was conferred Ravi J Matthai National Fellow Award by the Association of Indian Management Schools (AIMS) in 2018. Also, there are eight excellence centres' have been established under his guidance.
Being a prominent educational leader, he has achieved a lot in his career and also gaining more knowledge in the sector. Apart from his own career, he
Shri Vaishnav Vidyapeeth Vishwavidyalaya, Indoreguided many scholars under his leadership.
He also encouraged the faculties of the SVVV to support the students when they started 'Prayantayna' NGO and focused on providing quality and technology-driven education to public schools' students.
When Dr Dhar communicates with us about the institute and about himself, he also provides a glimpse of the vision, mission, and core objectives of
the institute and asserts the vision, "To create an educational environment that engages deep intellectual, moral and spiritual stimulation, thereby nurturing leadership."
After highlighting the vision, he explained his mission for the institute, saying, "To pioneer a 'mentoring' based education system with a culture of its own, rolled in Indian ethos and in tune with contemporary times. To impart learning through understanding knowledge enrichment, skill development and positive attitude formation. To encourage innovative
Encouraging innovative thinking with self-discipline and social responsibility.Dr Upinder Dhar, Vice-Chancellor
thinking with self-discipline and social responsibility."
Dr Dhar further divulges the core values of the institute and postulates that "Value-based education being at the helm, the University promotes endurance, excellence, fairness, honesty and transparency as its core values."
The course objectives of various programmes focus on Skill development through innovative pedagogy, professional ethics, and sensitization towards equity and sustainability.
The expected learning outcomes are that after graduating in a particular course, the students should become employable, industry-ready and compassionate human beings with integrity who can contribute to the development of society.
Traditionally e-learning was considered an alternative pathway that was well suited to adult learners seeking higher education opportunities. However, the emergence of the pandemic has forced educators and students across all levels of education to adopt virtual courses. Thus, the institute has come up with many initiatives to enhance the students' leanings, and those initiatives are-
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E-Learning Management System- E-Learning encompasses research, learning and teaching in the digital environment, where students have access to courses offered online with instruction and course materials, instructor's notes, course topics, and discussion
forums.
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E-Library- The Campus enabled the Wi-fi facility for the students and faculty, and they can access the e-content freely through library software LIBMAN by Master soft Nagpur. The Library is equipped with 10 computer systems.
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Regular Training and Placement Classes, which include resume writing, cracking aptitude exams, etc., for students, are conducted for their holistic development.
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E-Resources- The Central Library subscribes to the IEEE, Management collection of ejournals from Emerald, EBSCO and Sage Journals and statistical databases like INDIASTAT.COM.
Ÿ Anti-Plagiarism Software- The anti-Plagiarism Software OURIGINAL is used for checking plagiarism in MRPs, and various thesis to maintain integrity in research work.
The Shri Vaishnav School of Management provides facilities to enrich the students and prepare them for future challenges. With the concern of it, they incorporate certain arrangements like-
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Pre - Placement Preparation like mock exercises and interviews are conducted for the students to make them industry ready.
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Summer Internships / MRPs - are incorporated into their schemes and syllabus, and accordingly, the students get evaluated.
Ÿ Extra tutorials are conducted for the weak students so that they can be able to compete with other students in the class. This also helps in developing confidence and clear final exams.
Shri Vaishnav School of Management has various department-wise clubs like Human Resource, Marketing, Finance, and Sustainability, and all these clubs are managed by the students. Apart from these clubs, students do organize various events equivalently do participation, in the whole process, the
faculties act like a catalyst and facilitators in organizing all these events.
Six Centers of Excellence i.e., Center of Excellence In Plasma Research, Center of Excellence In Happiness Studies, Center of Excellence in Vocational Studies, Center of Excellence in Sustainable Development, Center of Excellence on Simulation and Gaming, Center of Excellence in Data Science have been established and are functional under his leadership. Under his leadership, 44 padamvibhusan /padambhushan /padamshri awardees visited SVVV and shared their experience. Padma Vibhushan Dr. R.A. Mashelkar, Padma Bhushan Dr. Anil Prakash Joshi, Padma Bhushan Prof. Padmanabhan Balaram, Padma Bhushan M. S. Raghunathan, Padma Shri Dr. (Mrs.) Janak Palta McGilligan to name a few.
Besides aforesaid, there are various competitions like business plan competition, summer internship, MRP competition wherein students participate and showcase their talents. The school also organize AIMS week, where various activities like blood donation, community services, and orphanage visits have been organized. With all these activities, the students develop an empathetic attitude but also sensitize them towards gender diversity and sustainability.
While mentioning certain CSR activities of the institute, Dr Dhar also shared the student's development programs and said, "SVVV make various associate members (Students) and organize skill development programs, guest lectures, student development programmes so that students are acquainted with recent trends and practices and make them more industry ready."
Shri Vaishnav School of Management, Business World received the Best B-schools Award in 2020- 2021.
According to The Knowledge Review, August 2021, Issue 05, Shri Vaishnav School of Management, SVVV was recognized Most Prominent Institutes of Management in India 2021.
in engaging students meanwhile they also learn how to handle failures and success."
Along with academic endeavour, an Institute-industry interface is also promoted, with Guest lecturers being the regular feature. The holistic development of the students is the foremost priority of the Shri Vaishnav School of Management.
Keeping this in mind SVSM has signed MoU with Hanyang University, South Korea and St. Cloud State University, Minnesota, the USA, to establish alliances related to the exchange of faculty and students.
For the Rural management course, SVSM signed an MoU with Mahatma Gandhi National Council of Rural Education, Department of Higher Education, and Ministry of Human Resource Development.
Sliding down more activities, he said, "The institute also organizes various sports activities like West Zone, InterUniversity AIU (Association of Indian Universities) in 2019 - table tennis man tournament, wherein 55 teams from various states participated. Similarly, in 2020 women's basketball tournament was organized."
Further he added, "Other than these, the school also arrange industrial visits and guest lectures to bridge the gap between academic and industry. It also organizes role plays like Nukkad Natak. Moreover to it, the institute came up with the 'Happiness Club' initiative to create a global network of people celebrating life.
In this club, the institute does organize several programs like tug of war, sharing jokes, dancing, singing, and conference (Anand Amrit), which helps
Apart from all these, the school also have signed many MoUs for sharing a common desire to explore, extend, and strengthen mutual relationships, and it also helps the students to develop employability skills in the contemporary fields.
However, marking the significant steps towards the growth of the school along with the students, Dr Dhar cited that, "Successfully envisioning the future of the department is contingent on the inputs of all stakeholders - faculty, staff, students, and alumni. We have the feedback process from the aforesaid. Thus, our department adopts the approach of continuous improvement and learning, which will pave the way for taking the strategic action plan forward."
