IMT-Copenhagen Business School STEP Program

The Institute of Management Technology, Ghaziabad has always believed in evolving to keep pace with the changing face of management in India and across the globe. We have one of the best student exchange programmes in India (ranked No.2 by CNBC in 2011), which has, over the years, seen an increase in the number of students taking part and benefiting from it. However, one of the unique features of our International Relations programs is the STEP (Short Term Exchange Program). This is an intensive and power-packed exchange program for a duration of 7 to 20 days, which includes classroom lectures, industrial visits, Projects, Field practicum, short term consulting assignments and excursions to world famous heritage sites. This is customized according to the requirements of the partner institutes, the topics for the lectures and talks and type of industries visited can be decided upon, keeping in mind the requirements of the participants.

Ever since it was launched in 2008, it has found many takers and this year 25 students from the Copenhagen Business School, Denmark participated in this program from November 27th to December 6th, 2012. They were accompanied by Prof. Dr. Sudhanshu Rai from CBS, who specialises in economics, informatics, innovation and entrepreneurship focussed on India and emerging markets. The students from CBS were paired in groups with the students from IMT as they attended lectures and carried out projects. The program kicked off with an orientation, where they were welcomed by the Director of IMT and the Associate Dean, International Relations, Dr. Jayanthi Ranjan. The week began with talks on entrepreneurship by IMT faculty members-Dr. Neeraj Awasthy and Dr. Lipi Das .This was followed by a panel discussion with entrepreneurs from the Delhi–NCR region, who shared their stories and engaged in a lively discourse with the students. It was encouraging to hear about the inspiration behind starting their ventures, the hardships they faced and the motivation that kept them going. The evenings were dedicated to exploring the markets, social activities, football matches, quizzes, student interactions and cultural exchange.

The students visited the companies in groups and they were allotted tasks for which they had to analyze the situation and provide a solution to the problem. These projects included assessing the potential of after-sales logistics in Delhi for Genex Technologies – a logistics solution company, finding the best possible ways to attract drop-out students in formal education for Anand- an NGO in Delhi, working for the education of underprivileged children, working on an eco-friendly project on re-cycling machines for Tara Machines, New Delhi, assessing the creation of a market in schools for an environment education programme for I-dream and working on an upliftment programme for slum dwellers by providing them vocational training. These projects ranging from social entrepreneurship, to logistics management to eco-friendly solutions were completed over a period of two weeks.

This allowed students to study unfamiliar social or business problems at close quarters and put their learning to good use while finding solutions and suggestions for the same. The program concluded with a trip to the Taj Mahal in Agra, Uttar Pradesh and a visit to various historical monuments in New Delhi. The experience was an immensely enriching one for all those who participated and helped in understanding nuances of social entrepreneurship and the functioning of start-ups in India.