Master of Business Administration (MBA), IIT Kanpur

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MBA, IIT Kanpur


Established:	1974
Type:	Education and Research Institution
Director:	Prof. N.K.Sharma
Students:	150
Location:	Kanpur, Uttar Pradesh, India
Acronym:	IME (RNSOM)
Website:	http://www.iitk.ac.in/ime/

1 About IME Department
2 Philosophy
3 Master of Business Administration (MBA)
4 Life at MBA, IIT Kanpur
5 Faculty
6 Students
7 Facilities
8 Activities
9 Linkages with Industry
10 External links
11 References

[edit] About IME Department

The Department of Industrial and Management Engineering is the department for management education and research in Indian Institute of Technology Kanpur . Since its inception in 1974, Department of Industrial and Management Engineering (IME) at IIT Kanpur has been at the forefront in creating synergy between technical training and management education. Today the Department is engaged in a diverse set of activities that include teaching, academic research, industry consulting, management development programmes, and public sector projects. The Department of Industrial and Management Engineering (IME) at IIT Kanpur was one of the first in the country to recognize the strength of combining the training of engineers with management education. Today the Department is engaged in a diverse set of activities that include teaching, academic research, industry consulting, regularly held management development programmes, and public sector projects. The curriculum comprises state-of-art techniques to plan, design, implement and manage integrated systems of men, materials, capital, information and technology. The subjects taught provide a well-rounded coverage of the methods to manage and improve productivity, customer satisfaction and profitability of industrial, information and infrastructural (service) systems. In today's competitive era these methods have rapidly become relevant for engineers in all disciplines, Consequently, fresh engineering graduates as well as practicing professionals in fields ranging from computer science to aerospace engineering and architecture to electronics engineering regularly enroll in IME's postgraduate programmes. The Department offers M Tech, MBA and Ph D degrees in Industrial and Management Engineering. A Bachelor's degree in any branch of engineering is the minimum requirement for admission to M Tech/MBA. A Master's degree in Management/Industrial Engineering/Operations Research or equivalent is required for admission to Ph D. The process of admission to M Tech and Ph D programmes includes a written test and a personal interview.

MBA, IIT Kanpur

[edit] Philosophy

How professional management has propelled the Ambanis (Businessworld, November 30, 1998) and the lack of it has nearly bankrupted the Ruias of the famed ESSAR House (Economic Times, August 9, 1999) goes to show that effective management does not emerge by accident. Effective management combines many arts and artifacts and it is proactive. A good manager establishes a vision and the goals for the organization, chalks out specific patterns of decisions and actions (strategies) to achieve those goals, and then executes them. While IME recognizes that mere coursework will not normally make one an effective manager, the rigor to which the IME faculty subjects its students imparts in them the potential to be a top notch business or management analyst. Some 350 IME M.Techs. today literally stand out in the crowd. They are into every imaginable kind of enterprise and many have set up their own firms. While many are ERP/SAP/BPR consultants and software jocks, few have returned to hard core engineering as full time pursuit. But they have all taken full advantage of their B Tech. training in mechanical, civil or electrical engineering to relate well to the content of their employers' business. Many are now systems experts in India and abroad and some 35% are in manufacturing or service management.

[edit] Master of Business Administration (MBA)

The flagship programme of Department of Industrial & Management Engineering is the Master of Business Administration (MBA) program that seeks to develop managers for an integrated understanding of all business functions. The curriculum of the MBA program has a judicious blend of courses that provide an in-depth understanding of the operational and strategic aspects of management. The Department started a 2 years MBA programme in July 2001. Open to engineering graduates of any branch, the programme consist of four semesters of course work with the intervening summer to be spent on a summer internship project in management in a host industry. Admission is through a combined all-IIT entrance test (JMET) followed by personal interview/group discussion. Specialization offered in MBA include sectorial areas of Service and Manufacturing and Functional areas of Operations, Systems, Marketing, and Finance. The MBA programme at IIT Kanpur was initiated with the guiding principle that a sound technical expertise coupled with right management acumen, is the key to survival in a contemporary competitive environment. In fact, the programme is a testimony to one of the key strengths of IIT Kanpur, which is its articulate understanding of the existing and future needs of the corporate world. This inherent dynamism is expressed through path-breaking innovations in both its programs and its research to keep abreast with the latest. Globally accepted as a vibrant seat of academic and professional excellence, IIT Kanpur is known for its innovative approach, participative culture and academic rigour. Over eighteen thousand engineers, technologists, scientists, managers and entrepreneurs from IIT Kanpur are today active across the globe. Though the MBA programme offered by the IME department retains a strong interaction with the industry on account of its courses in Industrial Management. The strong industry linkages ultimately go a long way in providing a holistic approach to research and education.

[edit] Life at MBA, IIT Kanpur

IIT Kanpur is renowned for producing leaders in all possible spheres of activity. The reputation of the IITs worldwide is well known. The primary reason for this is the focus on developing the personality through a well-rounded and rigorous education-an education that encompasses the mental, physical and social. The opportunities for developing oneself at IIT are plenty and myriad. In a similar vein, life at IIT Kanpur is full of activities and challenges at every stage. There exists a plethora of events and activities to exhibit one’s talents. These range from an all-India business event 'Megabucks' to national finance conclave 'Finatics' with cultural events such as Antragni embedded in between. There are a number of groups and clubs to pursue one’s interests such as Marketing club, Business club, Finance club and the like. Among extra-curricular groups there is a wildlife club, a swim club, a trekking club and many more. Furthermore, there’s a well-equipped gymnamism, world-class swimming pool, Badminton court etc for pursuing sports and other physical development activities. The life at MBA@IITKanpur is extremely hectic and demanding. The standards that are expected are extremely high and the academic requirements are stringent. The purpose of such a program is to provide a taste of the kind of life that can be expected by a manager in an actual work environment. In consequence, the student is equipped to face and to thrive in pressure-cooker situations. In keeping with this the terms are packed with assignments, quizzes, cases and examinations. As the curriculum is rigorous, a significant portion of one’s time is spent in academics. So the life here is a balanced combination of fun and curricula.

[edit] Faculty

The faculty of IME Department are distinguished academicians and researchers. Many have held senior management positions before joining the department as faculty. Besides regularly contributing papers in internationally recognized academic journals, they have maintained a symbiotic relationship with business and industry by providing consultancy services and engaging in collaborative research. The vast scholarly knowledge coupled with a contemporary understanding of the industry has placed them in a unique position to address the challenges of business and give the right perspective to students for dealing with these challenges. Some of the areas in which the faculty are currently involved include Consumer Psychology, Knowledge and Innovation management, Inventory Policies under Uncertain Demands, Intellectual Property Rights, Corporate Governance, Energy Modelling and Management, Corporate Environmental Behaviour, Computer-Integrated/Flexible Manufacturing Systems, Management Information Systems, facility, Forecasting Foreign Exchange Rates, Investment in Power Sector for Developing Countries, Project Financing, Backward Linkages in Infrastructure, Performance Appraisal, etc.

[edit] Students

Stringent admission norms and academic rigour are the hallmark of the MBA program at IIT Kanpur. The students in the MBA batch come from varied backgrounds. The average experience of 32 months for the current MBA batch ensures that students analyze the cases and situations from different vantage points which enhance classroom learning. 80% of the students have work experience in important industry domains creating a class mix which is conducive for peer learning. Most of the students have earned their engineering degrees from NITs or other reputed colleges.

[edit] Facilities

The Department is equipped with state of the art facilities for computational support. The systems optimization laboratory provides computational support both for teaching and research work. The lecture hall complex is inspirationally designed to facilitate learning. SIIC (SIDBI Innovation and Incubation Centre) is a live management laboratory where MBA students have opportunities to implement the theoretical understanding on practical problems faced by the incubatees, which are start-up firms. The department subscribes to a gamut of reputed management journals and magazines. An exclusive building for IME Department is under construction which will boast facilities comparable to the best B-Schools in the world.

[edit] Activities

IIT Kanpur provides myriads of opportunity for its student to learn, demonstrate and improve their leadership qualities and the spirit of teamwork. 'Megabucks', an intercollegiate/ international business plan event, 'Antaragni', the cultural festival of IIT Kanpur, 'Udghosh', a national level sports meet are few of the events in which MBA students play a key role in operational planning alongside the whole campus community. Business club, book club, flying club, chess club, photography club, music club are some of the other forums where students satisfy their creative and intellectual urges. Avant Garde is the monthly newsletter in which MBA students write about contemporary business issues.

[edit] Linkages with Industry

The Industrial Interaction Committee (IIC) is an initiative of the MBA programme to increase interaction with corporates and to understand the challenges a manager faces in his day to day life. IIC has organized conclaves on critical issues of business, internal lecture series, business case competitions, seminars and workshops. Some of the recent events include: Workshop on quantitative finance held from 5th to 8th January,2008. Workshop on commodities and derivatives along with a trading game was organised by NCDEX from 11th to 12th January, 2008. A lecture on supply chain management and logistics was delivered by Mr. Kamal Patodia, Sr. Vice President of Hindalco Plant, Renukoot on 25th January 2008. The 'Intellectual Property Rights' conclave held in collaboration with SIDBI from 28th Feb to 1st March 2008. Mr. Priyadarshan Deshmukh, Asia Pacific Sourcing Manager, IBM gave lecture on integration of global supply chain. The annual finance conclave Finatics '08 was held from 5th to 6th April,2008.