Tag: Prof Mahadeo Jaiswal

Education, News

IIM Sambalpur conducts 4th & 5th annual convocation in the virtual mode

Jun 29, 2021 by Rekha Nair 0 Comments #Board, #Chairman, #Chairman and Managing Director, #Chief guest Shri Sajjan Jindal, #Director, #IIM Sambalpur, #JSW Group, #Prof Mahadeo Jaiswal, #Smt. Arundhati Bhattacharya

Sambalpur: IIM Sambalpur, the hand-crafted IIM and one of the most promising and dynamic management institutions among the new generation IIMs of the country, concluded yet another successful academic year with the 4th (2018-2020) & 5th (2019-2021) annual convocation in the virtual mode. The convocation was graced by Chief guest Shri Sajjan Jindal, Chairman and Managing Director of JSW Group, Shri CS Nagendra D Rao President, Institute of Company Secretaries of India (ICSI), Smt. Arundhati Bhattacharya, Chairman, Board, IIM Sambalpur and former Chairperson of the State Bank of India and Prof. Mahadeo Jaiswal, Director, IIM Sambalpur along with the faculty, staff and students, media journalists, guests from the Govt of India, Govt of Orissa and other distinguished guests. A total of 187 students were felicitated in the convocation with the 5th Batch having highest gender diversity across all IIMs with 46 female students in a batch strength of 95.

While congratulating the graduating students, Chief guest Shri Sajjan Jindal, Chairman and Managing Director, JSW Group said, “The reason why IIM Sambalpur has achieved such rapid stride as a learning centre is owing to the fact that the institute has been imbibing young talent with experimental learning and orientation. I would like to thank the institute’s teachers and faculty for this achievement. These young leaders are the torch bearers of hope, and the society is looking up to for resilience during a disruption. This generation has learnt several valuable lessons at a young age from this pandemic that is how to negotiate extreme uncertainty and how to make better choices under extreme unpredictable conditions. These are among key lessons that will surely help and guide these students in a post covid world. We must remember famous Japanese Proverb “Nana korobi, ya oki” which means fall down seven times, stand up eight and never quit our endeavours no matter how many times we fail.”

Smt. Arundhati Bhattacharya, Chairman, Board, IIM Sambalpur elaborated, “I am very pleased to see 187 graduating students from the two batches and I convey my heartiest congratulations to each one of them. I am positive that the precious time they have spent at IIM Sambalpur will go a long way in creating a solid foundation for a brilliant career in whichever field they choose to explore on. They will be going out of the portals of an institution where they have played a significant part in shaping its direction and characteristics. Even though this IIM is merely 6 years old, it is developing as a revered centre of excellence. I would advise the students to embrace the guiding values of our institute of Innovation, Integrity and Inclusiveness when they embark upon their new future.”

Prof. Mahadeo Jaiswal, Director, IIM Sambalpur, stated, “The performance of IIM Sambalpur in academic year 2019 and 2020 has been remarkable and momentous despite the disruptions caused due to Global Pandemic in this period. We are extremely proud of our graduates and are confident that we have been able to mould these young minds in a way that today we are sending out responsible leaders with an entrepreneurial mindset into the world. We are optimistic that we have instilled IIM Sambalpur’s nine mantras of 3Is of Innovation, Integrity and Inclusiveness, 3Ds of Digitization, Democratization and Decarbonization of business and 3Ms of Mode, Model and Method in imparting education, and the students will use these ideals to accomplish great heights for themselves and our country in turn. These nav Mantra can neutralize the nav graha around our society. The knowledge and skill that they have gathered during their time at the institute will take them a long way in contributing towards the growth of their own, to make a mark in the organization they belong to and become a proud citizen of our country. A very difficult placement scenario was expected for all institutions during 2020 due to the global pandemic and the resultant domestic economic scenario. However at IIM Sambalpur, the Final Placement process for the MBA batch of 2018-20 witnessed close to 100 companies visiting the campus.”

While reading the Director’s report of last year, Prof Mahadeo Jaiswal reiterated the highlights of the academic year that included several milestones for IIM Sambalpur like Highest gender diversity among IIMs, Introduction of the concept of Flipped classrooms, first ever TEDXIIM Sambalpur, Laying of the foundation stone of the permanent campus of IIM Sambalpur by Hon’ble PM Shri Narendra Modi, Signing of several MoUs with International universities and B schools and with the Office of the Collector cum District Magistrate to address the COVID calamity in Sambalpur which received praise from Hon’ble Education Minister Shri Ramesh Pokhriyal, Introduction of Executive MBA degree program and many more.

IIM Sambalpur with its core values of Innovation, Integrity and Inclusiveness is focused on nation-building and is committed in their goal of contributing towards the development of the country. The institute thrives to impart these values in their students to raise responsible leaders with an entrepreneurial mindset who will work towards the betterment of their country. The 5th graduating batch of IIM Sambalpur have achieved 100% placement despite the pandemic with multi fold increase in recruiters across sectors.

IIM Sambalpur conducts 4th & 5th annual convocation in the virtual mode

Education, News

Amidst Pandemic IIM Sambalpur achieves 100% placement with multi fold increase in recruiters across sectors in its flagship MBA program

May 26, 2021 by Rekha Nair 0 Comments #Director, #IIM Sambalpur, #Placement Chair, #Prof Mahadeo Jaiswal, #Prof. Diptiranjan Mahapatra

Mumbai: IIM Sambalpur, the hand-crafted IIM and one of the most promising and dynamic management institutions among the new generation IIMs of the country, witnessed close to 140 companies visiting the campus this season with prominent participants and recruiters such as Nielsen, Reliance Retail, Ramco Systems, Tech Mahindra, Mindtree, Amul, Vedanta, HCL, SBI Life, Tata Steel BSL, Accenture, IBM, BYJU’s, Infosys, ICICI Prudential, Trident Group, Bajaj Allianz, ZS Associates, Deloitte India, KPMG, Ernst & Young, etc. The graduates were offered a myriad of lucrative roles across Marketing, Sales, BFSI, Operations, Consulting, Analytics, ITeS and bagged highly coveted roles in Fintech, E-Commerce, FMCG, and so on. With more than a 90% increase in the companies visited for recruitment, IIM Sambalpur set new standards and surpassed its previous placement records. This season recorded the highest annual CTC offered at INR 26.4 LPA, with the top 25% CTC at INR 14.91 LPA.

Prof. Mahadeo Jaiswal, Director, IIM Sambalpur, stated, “IIM Sambalpur has yet again bettered its previous records and will continuously strive to exceed expectations of all its stakeholders. Despite the current market dynamics, we are proud of our students who have achieved this feat owing to sheer hard work and dedication. I congratulate our graduating students on receiving such coveted employment offers. These demonstrate the high value of the blended pedagogy imparted at IIM Sambalpur and our students’ remarkable skills and capabilities. We would like to extend sincere gratitude to the esteemed recruiters for partnering with us and reposing faith in the quality of talent and its distinct academic culture.”
Amidst Pandemic IIM Sambalpur achieves 100% placement with multi fold increase in recruiters across sectors in its flagship MBA program

Additionally, IIM Sambalpur is proud to announce the successful completion of 100% Summer Placements for the sixth batch (2020-22) of its flagship MBA program. With more than 110 companies participating in the on-campus Summer Internship placement process for a batch strength of 157 students, this year concluded with one of the best placement seasons beating previous years’ records. The institute has witnessed a highly coveted pool of first-time recruiters and the noteworthy mentions are Google, Adani Ports, Indian Oil Corporation Ltd., Bank of Baroda, IMCD India, Bajaj Allianz Life Insurance, DSM Group, IBM, Justdial, Tata Steel BSL, Tata Consultancy Services (TCS), V Guard, ICICI Bank etc. among many others. The influx of recruiters saw an increase this year providing opportunities in multiple domains like Advertising, Apparel, Automobile, BFSI, Chemicals, Consulting, Consumer Goods & Services, E-Commerce, Edu-tech, Financial Services, FMCG, Insurance, IT/ITES, Mining, Pharmaceuticals, and Retail. This year the highest stipend offered was INR 1,70,000 domestic and the top quartile of the batch received an average stipend of INR 72,511. The top half of the batch secured an average stipend of INR 56,644 wherein the average and median stipend of the whole batch stood at INR 48,222 and INR 47,700, respectively. This year also saw a sharp increase in companies of Automobile, E-Commerce, and Pharmaceutical industries visiting the campus with a considerable percentage of students getting offers from these organizations.
Amidst Pandemic IIM Sambalpur achieves 100% placement with multi fold increase in recruiters across sectors in its flagship MBA program

Speaking about Summer Placements, Prof. Diptiranjan Mahapatra, Placement Chair, IIM Sambalpur, stated, “The speed at which our students received the offers are unparalleled and phenomenal. The outcome bears testimony of the recruiters’ continued trust in exceptional talent and academic excellence at IIM Sambalpur. With changing times, Consulting, BFSI, FMCG, IT/ITES, and Edu-Tech emerged as most sought after and lucrative amongst others with more than 50% of the batch opting for these industries. IIM Sambalpur would like to thank its various stakeholders including the recruiters for reposing faith in the institute, its students, and its distinct academic culture. With such strong support and collaboration, we wish to continue our journey of harnessing talents at IIM Sambalpur and providing students with the best opportunities to excel.”

IIM Sambalpur with its core values of Innovation, Integrity and Inclusiveness is focused on nation-building and is committed in their goal of contributing towards the development of the country.

Education, News

IIM Sambalpur signs MoU with the Office of the Collector cum District

May 10, 2021 by Rekha Nair 0 Comments #Director, #IIM Sambalpur, #Prof Mahadeo Jaiswal

Mumbai, India is currently undergoing through unparalleled circumstances that has not been witnessed before across generations. The brutal second wave of the pandemic has left the country crippling and our healthcare system overwhelmed. With over 37 lakhs active COVID cases, the country needs immediate solutions to address the crisis. IIM Sambalpur, one of the most promising and dynamic management institutions among the new generation IIMs of the country, has signed a Memorandum of Understanding (MoU) with the Office of the Collector cum District Magistrate Sambalpur to tackle the COVID crisis in the area and assist in the overall development of Sambalpur. The MoU was signed in the presence of Prof. Mahadeo Jaiswal, Director, IIM Sambalpur and Shri. Subham Saxena, District Collector.

Speaking on the occasion, Prof Mahadeo Jaiswal, Director, IIM Sambalpur, highlighted, “While the Government is doing their very best to mitigate the catastrophe, it is also important for all of us to offer solutions and assist the Government in their endeavour. We believe we can offer a scientific approach in areas such as supply chain, logistics, operations, modelling and manpower management. IIM Sambalpur has created task forces with our faculty and experts on efficient management of health infrastructure supply chain such as hospital beds, doctors, oxygen, medicine etc. and effective Citizen Engagement-Social Communication in the district of Sambalpur to begin with and to be rolled out nationwide based on its success. IIM Sambalpur is dedicated towards the development and betterment of Sambalpur, Odisha and the Nation at large.”

The MoU will focus on areas such as, (i) to embark effective citizen engagement and efficient health infrastructure supply chain management to deal with the COVID 19 pandemic; (ii) Enabling Research and solution frameworks for Governance such as impact evaluation; (iii) Creating new class of Applications and Solutions that focus on optimizing the delivery of government services in identified areas. The Technical Areas of Collaboration includes areas like, (a) Development of Tourism in and around Sambalpur, (b) Public Health, (c) Handloom and Handicraft development, (d) Mission Shakti, (d) Indigenous Knowledge documentation, (e) To study scope and scalability of food processing units in Sambalpur, (f) Financial Inclusion through skill development and livelihoods, (g) Urban Governance & Transformation, (h) Smart Sambalpur with “Education Hub” as the core.

IIM Sambalpur with its core values of Innovation, Integrity and Inclusiveness is focused on nation building and is committed in their goal of contributing towards the development of the country. The Institute is now working on developing solutions that can help the country combat the second wave of the pandemic and prepare itself for an impending third wave. IIM Sambalpur believes the pandemic can be overcome by working together towards a common objective, keeping in mind the best interest of the Nation and its citizens.

Education, News

Budget 2021 expectations – On Education sector: Prof Mahadeo Jaiswal, Director, IIM Sambalpur

Jan 23, 2021 by Rekha Nair 0 Comments #Director, #IIM Sambalpur, #Prof Mahadeo Jaiswal

“2020 has been an unforgiving year and among the many industries severely affected by the pandemic, the education sector and learning is one of them. The pillars of primary as well as higher education was shaken abruptly resulting in learning losses particularly to those who lack digital access. The pandemic has once again underscored the digital divide that exists in this country. A lot of schools especially run by government in rural belts, small towns got badly impacted due to the yawning digital divide. Government schools where 80-90% of Indian students’ study are some of the biggest sufferers as students do not have the paraphernalia to attend online classes. Therefore, the first and foremost issue that needs to be addressed in this upcoming Budget is allocation of funds to develop digital infrastructure across the country, especially rural India, to bridge the gap between rural and urban and there is no inequality. Government must evaluate the situation on ground and spend on assets for long term that includes smart classroom, Internet connection and upskilling of teachers in line with NEP 2020. Teachers also need to adapt to the changing pedagogy and restructure their teaching methodologies. Meticulous budgetary guidelines need to be set for the implementation NEP 2020 as many things need to be restructured for its execution. While NEP 2020 focuses on raising the quality of education however upgradation of infrastructure of public higher education and professional institutions is key to achieving the desired outcomes. The Union budget 2021 should give guidelines on the ‘NEP implementation plan’ and further strengthen the focus and investment in Edu-tech to enhance experiential and immersive learning and reinforce the skill development process at par with the global education standards. One of the main highlights of NEP was turning technical institutes multi-disciplinary and to make higher education more flexible which will require development of infrastructures, in terms of, number of classrooms, number of teachers, new campuses, bringing in foreign faculty and more. The current public expenditure on education in India has been around 4.4% of GDP. This needs to be significantly increased to 6-7% of GDP with a combined contribution of Centre and State governments. Similarly, if we want to give due importance to research, the research and innovation investment, which currently stands at about 0.8% of GDP needs to be enhanced to at least 2% of GDP. FDI in education is another important aspect the forthcoming budget needs to address. To take advantage of the technological advancements to the fullest, FDI is essential. NEP targets a lot of content creation in local and regional languages as well, which demands internet connectivity and FDI can be an able differentiator in that.” – Prof Mahadeo Jaiswal, Director, IIM Sambalpur

About IIM Sambalpur: Indian Institute of Management Sambalpur (IIM-S) is one of the most promising and dynamic management institutions among the new generation IIMs of the country located in Sambalpur, Odisha, India. IIM Sambalpur was established by MHRD, GOI in 2015 and was declared as an Institute of National Importance as per the IIM 2017 Act. The Institute is already taking positive steps since its inception as a place for Entrepreneurial Innovation and Experiential Learning. IIM-S currently offers full time Master in Business Administration (MBA) and PhD programs and more courses to be added in near future. The Institute outscores all other IIM’s in terms of its gender diversity and its unique experiential learning pedagogy called “Flipped Classroom”. The institute became a pioneer among IIMs of the country in conducting part of their admission process and term examination through an online proctoring system and the institute will conduct all their examinations through the same online proctoring system henceforth. The foundation stone of the permanent campus of IIM Sambalpur was laid by Hon’ble Prime Minister of India, Shri Narendra Modi on 2nd January 2021.