A heightened focus on industry connect and making talent jobs ready are among the major thrust areas for Indian Institute of Management Mumbai, Shashi Kiran Shetty, Chairman, Board of Governance – IIM Mumbai and Founder and Chairman, Allcargo Group told ET in an interaction.
Established in 1963 as the National Institute of Industrial Engineering (NITIE), IIM Mumbai achieved the status of an IIM in August last year, making it the newest IIM in India.
“Industry connect is extremely critical…Being in Mumbai, I am sure there could be a lot of partnerships that we can do with the industry to contribute to the institution,” said Shetty.
“That reach out will happen once the master plan is signed up with the board and by the visitor from the government. Then the execution would start. The execution will start somewhere next year and we are not going to do the entire development at one phase,” he added.
“Our aim is to double the capacity from 1200 to 2400 and maybe 2400 to 5000 depending on how phase 1 will pan out,” he added.
The institute has tie-ups with Motilal Oswal Group for some MBA programs and has signed MOUs with Airbus for collaborative programmes.
“We want to make our curriculum more tech-driven with emerging technologies and emerging areas like fintech, different ways of custom-oriented product development, review based product marketing, how we are going to have a digital organisation with the people working from home or offices can function, logistics & supply chain, how we are going to bring more advanced features to their knowledge. Many things like digital thrust, internet of things (IOT), cyber security create roles for day to day managers and planners are in focus,” said Manoj Tiwari, Director, IIM Mumbai.
Apart from tie-ups with corporates, the institute is also looking at industry leaders coming in as honorary professors.
“We are focussing on tech driven management education particularly in the logistics supply chain, general management, marketing. We are also looking at how we can use new age technology such as Generative AI in management education,” said Tiwari.
“Our core focus is basically we require logistics and supply chain but we want to engage our ability in the domain of finance and fintech,” he added
“In coming four to five years, we will be running many online programs, some offline programs to cover major sectors of management but we are also trying to have some sector specific management programs like emergence of semiconductor manufacturing i.e one of the requirements of the country. We have already signed an MOU with Tata Electronics,” said Tiwari.
The institute will also focus on strengthening foreign collaboration. “We have a very good research team here. So they can apply research focus also and have good case studies coming from IIM Mumbai as well as a general paper also,” said Tiwari.
Established in 1963 as the National Institute of Industrial Engineering (NITIE), IIM Mumbai achieved the status of an IIM in August last year, making it the newest IIM in India.
“Industry connect is extremely critical…Being in Mumbai, I am sure there could be a lot of partnerships that we can do with the industry to contribute to the institution,” said Shetty.
“That reach out will happen once the master plan is signed up with the board and by the visitor from the government. Then the execution would start. The execution will start somewhere next year and we are not going to do the entire development at one phase,” he added.
“Our aim is to double the capacity from 1200 to 2400 and maybe 2400 to 5000 depending on how phase 1 will pan out,” he added.
The institute has tie-ups with Motilal Oswal Group for some MBA programs and has signed MOUs with Airbus for collaborative programmes.
“We want to make our curriculum more tech-driven with emerging technologies and emerging areas like fintech, different ways of custom-oriented product development, review based product marketing, how we are going to have a digital organisation with the people working from home or offices can function, logistics & supply chain, how we are going to bring more advanced features to their knowledge. Many things like digital thrust, internet of things (IOT), cyber security create roles for day to day managers and planners are in focus,” said Manoj Tiwari, Director, IIM Mumbai.
Apart from tie-ups with corporates, the institute is also looking at industry leaders coming in as honorary professors.
“We are focussing on tech driven management education particularly in the logistics supply chain, general management, marketing. We are also looking at how we can use new age technology such as Generative AI in management education,” said Tiwari.
“Our core focus is basically we require logistics and supply chain but we want to engage our ability in the domain of finance and fintech,” he added
“In coming four to five years, we will be running many online programs, some offline programs to cover major sectors of management but we are also trying to have some sector specific management programs like emergence of semiconductor manufacturing i.e one of the requirements of the country. We have already signed an MOU with Tata Electronics,” said Tiwari.
The institute will also focus on strengthening foreign collaboration. “We have a very good research team here. So they can apply research focus also and have good case studies coming from IIM Mumbai as well as a general paper also,” said Tiwari.
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