Indian Institutes of Management (IIMs) planing to prepare students corporate job-ready

Indian Institutes of Management (IIMs) planing to prepare students corporate job-ready

India’s top B-schools have introduced some new subjects to better prepare their students for the corporate world, reports Mint. After feedback from a few Indian companies, universities like the Indian Institutes of Management (IIMs)-Ahmedabad, Bangalore, Indore, and Lucknow decided to focus on courses that will help the upcoming batches stand out in management roles in the post-Covid era. The topics to be covered as part of this would include managing attrition and human resources at startups, running a fintech firm, understanding different aspects of healthcare management and blockchain, among others.

The education system’s job is to prepare students for the world (the current world to be more precise). What is the use of education is we are still using curricula designed to cater to the staffing needs of the Industrial Revolution.

But there is always hope. Received an article in one of my IIM alumni groups, all IIMs are geared up to take up skills/talent needed for the post-pandemic world and startups.

Even if everything comes to normal, the post-pandemic world will not be the same. Not everyone is going back to the office, best it will be a hybrid model. Which has its own challenges and a ton. Even the best managers are feeling it really hard to manage things remotely/hybrid model. Because no one is taught ( even practiced ) such a scenario. And then poor employees, their work schedule, their mental health, focus on work, everything is getting affected. And learning by doing it, is not gonna work, we don’t have that much time.

Even the courses that they are coming up for the startups. I have spent almost a decade in the startup ecosystem, and trust me when I say it, the manager even from the best institute is unable to cope with the Startup Culture. A startup does exactly what a big corporation can’t — trial and error. Managers were always taught to create processes, and follow processes to bring in maximum output/productivity. And as we are moving to an age where India is going to rule the Startup Space ( globally ), we need managers who understand the system and can start from the word go.

It is the need of the hour and good to see progress in this direction.

Credit : LinkedIn News