Institute of Management Technology Ghaziabad, Nagpur Organizes Convocation 2010

New Delhi, March 20, 2010 – India’s leading Business schools, Institute of Management Technology (IMT), Ghaziabad and Nagpur jointly organized Convocation 2010 on March 20, 2010. The Chief Guest was Dr. Vijay Mallya, Chairman UB Group, and the function was presided over by Shri Kamal Nath, Union Minister of Road Transport and Highways, Government of India and President Board of Governors, Institute of Management Technology. Other dignitaries gracing the occasion were Mr. Bakul Nath, Vice-President, IMT, Dr. Anwar Ali, Director IMT, Ghaziabad and Dr. Rajendra Naragundkar, Director, IMT, Nagpur.
Dr. Vijay Mallya in the convocation address stressed on the importance of self – confidence and creative thinking in his convocation address. He urged the students to believe in themselves and face the world with self – confidence. He said that India offered the largest unique opportunity for development considering the fact that India has a very young average age demographically. He said that the future of the country lay on the students. For young energetic minds, now being trained to think by faculty, collective knowledge of both experience and innovation is necessary. He stressed on the need to build upon this foundation that the outgoing batch has been fortunate enough to get. He gave the examples of business barons like Bill Gates and Steve Jobs from the west and Dhirubhai Ambani and Sunil Mittal from India as people who could build huge business empires only due to their out –of – the – box thinking and the ability to take calculated business risks. He gave the example of Kingfisher’s strategy. Although advertising alcohol is banned in India, Kingfisher has been able to achieve the status of being the largest home – grown indigenous brand sold in over 55 countries. That has become possible because Kingfisher has been into everything that will appeal to the young, upwardly mobile and the generation next. Kingfisher has forayed into sports, fashion and has been branded with a distinct brand personality.
Dr. Mallya said that we must talk to a brand and the brand needs to talk to us.  Visual image is important but a brand should be a visual communicator. This is what differentiates a brand from a super brand. As put forward by Dr. Mallya, “Life is full of challenges to let u down. Don’t allow whatever you and your parents have put in you go to waste due to a few stumbling blocks along the way. Learn from every mistake. Keep confidence. Think creatively, think outside the box. Think of how u can do things differently. A pattern of following an icon, an idol is not the only way. Challenge is something that you need to look forward to not get daunted by it. If you have the self confidence, ability to believe in yourself, go for it”. He also said that Indians were truly smarter than the people in the west, just that we are better servants than masters. He urged the students to change that attitude and let someone else do the donkey work and that is where self – confidence pays off.
“Please be leaders. Don’t be followers. You can create, you can innovate. The fundamental requirement is confidence in you. Let your confidence be your biggest strength. And let your creative mind think out of the box. If u do it, this country is in very safe hands with youngsters like you.” were Dr. Mallya’s concluding statements.

Shri Kamal Nath mentioned that the global economy is just about recovering from one of the worst recessions it has experienced in eight decades – some economists say: the worst recession, period. Whichever way one looks at it, it is undeniable that the last two and a half years mark an inflection point – the post-recession world that we shall experience, in economic terms, is unlikely to resemble the world that preceded the recession.

It says something profound for India that, in spite of 19 years of globalization, the Indian economy has escaped relatively unscathed, and has even grown, while economies in the developed world have actually shrunk. While government policy of calibrated liberalization accounts for one part of the story, it is increasingly being recognized that Indian managers, and the skills and abilities they bring to bear on their work, are responsible in no small measure for this fortunate outcome.

Management pundits of international renown are acknowledging that a distinctive Indian model of management and business is emerging – not through any deliberate or pre-designed effort, but rather through the innovative interaction and robust response of Indian managers to the new challenges – an interaction and a response that is based on certain core and typical Indian values, attitudes and skills. IMT is proud to be part of this unique response, and even, in some small but significant measure, to have shaped it.

Dr Anwar Ali, Director, IMT Ghaziabad in his annual report was upbeat about the overall academic and extra curricular achievements. IMT Ghaziabad has been ranked as one of the top ten business schools of India along with IIMs in surveys conducted by Career 360, Business India, Open C-fore, Outlook, CSR-GHRDC and Indian Management Survey.

The students of IMT Ghaziabad won altogether 109 awards in various competitions organized by IIM-Ahmedabad, IIM-Indore, IIM-Lucknow, IIM-Khozokhode, NITIE, IIT-Bombay, IIT-Roorkee, IIFM-Bhopal, MDI-Gurgaon, XIM-Bhuvneshwar, IMI-Delhi, SPJIMR-Mumbai, MICA-Ahmedabad, NMIMS-Mumbai, NTPC, NIPM, AIMA, Tata Crucible, Whirlpool, Mahindra & Mahindra, Yourstory, etc.

The faculty at IMT, Ghaziabad authored and published 12 books, developed 12 cases studies and published/presented over 188 research papers and book chapters in national/international journals, and conferences in different areas of management besides conducting 3 international conferences in different areas of management. 14 faculty members have presented research papers at international conferences in North America, Europe and Asia. Dr Jayanti Ranjan has been awarded AIMS International Young Management Researcher Award 2009. Three case studies by Dr B Chaklader, Prof Rajat Gera and Dr Bindu Gupta were selected amongst 10 final cases in the 2009 Case Study Development Initiative by the Aditya Birla Centre at London Business School. Dr Lubna Nafees, Dr. Omkumar Krishnan and Mokhalles Mehdi from IMT Ghaziabad along with FICCI and the Centre for Indian Business; the University of Greenwich are working on a one year Emerald Group Publishing funded project titled “Management Education Research - Business research capacity and networks in India”.

IMT Ghaziabad offers management development programmes in different areas of management. IMT is running one year Certificate course for executives of M/s. Domino Pizza (I) Ltd. and General Management Programme (GMPE) for NIIT Imperia and the prestigious 24 week Certificate in Business Management for senior defence service officers from Directorate General Resettlement, Ministry of Defence, Govt of India. It has conducted in total 35 MDP’s and trained 700 executives in the academic year 2009- 2010. The distinguished alumnus award for the academic year 2009-2010 was given to Mr. Dev Amritesh, Senior Vice President: Domino Pizza India.

Dr. Mrinalini Shah instituted E-cell which has been recognized as one of the established E-cells in India by National Entrepreneurship Network (NEN). Further The Entrepreneurship Development Cell (EDC) funded by AICTE, and Government of India has been set up at IMT Ghaziabad for inculcating enterprising skills among students which would further enhance their career growth predominantly in innovation oriented organizations. The Cell would be funded for a period of five years and working collaboratively enhance the content and delivery of entrepreneurship courses and network with other educational institutes directly involved in entrepreneurship training and development. 

Along with the throngs of parents eagerly awaiting the convocation ceremony of their wards, the students and media personnel present got to witness yet another event that reiterated IMT’s dedication to its stakeholders: we are talking, of course, about the web portal IMT Connect. A venture undertaken by the enterprising students of IMT, the team they put together (the Quality & Brand-building Team of IMT) came up with this project that would serve as a platform for interaction and connection amongst alumni, corporate, aspirants and students and also as a one-stop destination for all information about IMT. Beginning with its launch, IMT Connect would mention every event, news, and activity that IMT undertakes, with real-time updates and regular newsletters. Needless to say, IMT Connect wowed its audience, adding a new feather to IMT’s illustrious cap.
The portal for IMT Connect can be viewed at: www.imtconnect.in
Speaking on the occasion Dr. Rajendra Nargundkar, Director – IMT Nagpur said, The Institute of Management Technology (IMT) Nagpur has made rapid strides in its five years of existence, making a name for itself for academic excellence, research contributions, executive development, industry interface and fostering entrepreneurial spirit among its students. Our vision is to emerge as one of the leading business schools nationally as well as internationally. Our faculty team is an excellent blend of academic and industry experience. A great intellectual environment combined with academic rigour and regular industry interface make our campus an attractive choice for students.     

IMT Nagpur published 16 international journals, three papers in national journals, three books, 25 cases and presented 15 papers.

About IMT
The Institute of Management Technology (IMT) is one of the leading business schools in India. IMT has campuses in Ghaziabad, Nagpur and Dubai. IMT also offer distance learning education through IMT-Centre for Distance Learning, Ghaziabad. IMT Ghaziabad is ranked among top 10 b-schools in India and IMT Nagpur is ranked among top 20 private b-schools. IMT Dubai has been the first-ever Indian b-school to get an approval from ministry of higher education and scientific research, Govt. of UAE to offer an accredited MBA program and executive education to companies operating in UAE.
IMT is widely recognized as a center of excellence in management education, having molded itself according to the fast changing business and social environment over the last 29 years. IMT boasts of one of the best infrastructure in the country which is evident from its consistent high ranking on infrastructure parameter. Its strength lies in its eminent faculty and the quality of its courses that have in many cases, been trendsetters.

For more information, please contact:

Puneet Rai
Corporate Communications