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Conclave 2011: Corporatization of Indian MBA, Story so far

The countdown for CAT 2011 and other MBA entrance exams has already begun and you can see that. With IIFT 2011, SNAP 2011 dates being announced, it seems soon the other exams, such as FMS, XAT too will notify their exam for the year 2012 admissions.
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Big corporate houses like the NIIT, Future Group, Educomp, HCL Technologies, Jindal, and others are foraying in the MBA education domain in a big way by establishing Universities and Institutions that have emphasis on innovation and quality. All this is leading to the corporatization of MBA.

The second edition of Indian Management Conclave, which is going to be held on August 11-12 in New Delhi, will discuss this important trend under the overall theme of “Building a Great B-school: What’s the new DNA!”.

Eminent industry leaders will speak on the topic ‘Corporatization of MBA: Lessons & Road ahead'. The speakers who will share their insights on this topic with the gathering of VCs, Directors, Policy Makers will be Mr. Harpreet Singh, Executive Director, Educomp Raffles Higher Education Ltd; Mr. Rajeev Shorey, President, NIIT University and many other renowned industry leaders.

This session will revolve around two broad questions, what has triggered the need to start B-schools by the corporate. And secondly, where do they see themselves in future. According to top experts the main focus of corporate backed B Schools is on the employability of the students. They feel that there is a gap in the industry demand and the management education offered by the bottom-of-pyramid MBA institutes, which form the bulk of the MBA education sector. The focus is to bridge this gap.

The session will further analyse the trends relating to corporatization of MBA education. With more than 3500 B schools in the country the market is no doubt crowded, but what is encouraging is that it is not stopping the entry of new entrants. New B Schools are being established in the country with strong backing of corporate houses inspite of the overcrowded MBA market.

Currently many B Schools are witnessing a shake-out with seats going vacant. The B schools beyond top 100 are looking for students with big newspaper advertisements. But interestingly this kind of scenario is being considered as an opportunity rather than a threat by few organizations that are setting up new B schools in the country.

These organizations are coming in with strong industry backing for setting up their B schools. Also they have chalked out the strategy for maintaining quality and student satisfaction. These new B-schools are in the process of developing a new DNA for a smoother road in the future.

Some of the other eminent speakers who will address the Indian Management Conclave include: Dr. Pritam Singh, Director General, IMI, New Delhi; Ms Savita Mahajan, Deputy Dean, ISB Hyderabad & CEO, ISB Mohali Campus; Dr. M Rammohan Rao, Professor and Dean Emeritus, ISB Hyderabad; Dr. P Rameshan, Director, IIM Rohtak; Prof MJ Xavier, Director, IIM Ranchi; Dr. Bala Balachandran, Founder & Dean, Great Lakes Institute Of Management, Chennai; Dr. Rajan Saxena, Vice-Chancellor, NMIMS Mumbai; Dr. Eileen Peacock, Senior Vice President and Chief Officer, Asia, AACSB International; Prof LU Wei, Associate Dean, Antai College of Economics & Management, Shanghai Jiaotong University, China and many more. The IMC 2011 conclave is being partnered by India’s top knowledge companies and educational institutions and media firms. These are: Strategic Partner: Institute of Management Technology (IMT) Group; B-school Partner-BIMTECH; University Partner-Symbiosis International University; Associate B-School Partners- Strathclyde SKIL Business School; Educomp Raffles Higher Education Ltd, AKGIM, Ghaziabad; Research Publishing Partner-Emerald Group Publishing Limited; Knowledge Partners-McGraw-Hill Education, Harvard Business Publishing; Print Media Partner-MINT; Television Media Partner-CNBC TV 18.

In all, Indian Management Conclave 2011 offers a feast of knowledge and brainstorm on cutting edge developments in Indian MBA education; and an opportunity to rub shoulders with whos who of management thought-leaders.

Registration is open for limited seats. For detailed information, visit: http://www.mbauniverse.com/imc2011/

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