Unique Features

Unique Features of IMT Hyderabad’s PGDM Curricula Management Orientation Program

The first semester of the first year starts with the Management Orientation Program. The objective of this two week program is to prepare the students, who come from very diverse backgrounds, for the common experience of the program at the institute. It aims to provide an opportunity to the students to get introduced to their learning teammates and to start them on a shared academic platform by addressing individual areas they may need to strengthen. The program also initiates classes and workshops to cover material that would set the tone for learning in the program.

The program which is mostly delivered by the faculty members of IMT Hyderabad, introduces the students to the philosophy and history of business; the principles of management that have general applicability to all types of organizations or groups; functional areas of management; the world of statistics and its applications in business; the framework for preparation and presentation of financial statements and the meaning as well as consequence of accounting policy choices; concepts and frameworks used in economic analysis; use of Information Technology in management; case methodology, usage of cases in management education, case discussion and analysis; and importance of business communication.

The program also has workshops on leadership and on creativity and innovation. The leadership workshop seeks to orient the students to the importance of people skills for effective leaders. The sessions provide an overview of leadership competencies and help students visualize how they can develop these competencies during the entire PGDM program. The module also seeks to create an environment conducive to thinking creatively and learning in groups. The objective of the creativity and innovation workshop is to unwind and unleash the creativity in students. Participation in several experiential outbound activities help the students interact and work in teams. The orientation program has a well-defined assessment and feedback system and carries two credits.

Business Orientation Program

The second semester of the first year starts with the Business Orientation Program. This two weeks program involves series of lectures by business leaders.

The program aims to make the students aware of business environments in different sectors, industries and managerial contexts. The presentations by the CEOs and other top management professionals from different sectors would provide unparalleled insight and expertise on the key issues that will shape the global and regional business environment in India. Such knowledge combined with the functional knowledge which the students would gain through their regular courses will help them in identifying their areas of interest for their projects, Internship program and electives. This program also provides the students and the institute with a platform to interact and network with business thought leaders.

The program is well integrated into the curriculum. The students are provided with relevant reading materials prior to the sessions to help them derive maximum benefit from the lectures and interactions. The students are also given assignments as a follow up of each session. The students would then work in teams and make a written and/or oral presentation of their assignments to faculty members. The orientation program has a well-defined assessment and feedback system and carries two credits.

Practitioners Sessions

Practitioners and business leaders play an integral part in course development and delivery at IMT Hyderabad. This is to ensure that the courses being offered are relevant and updated to meet the current as well as future needs of the business world.

Faculty members plan the course delivery and session plan well in advance. This includes identifying the topics which would be best delivered by practitioners from the industry and also identifying as well as contacting the practitioners considered most suitable to deliver the topic. The faculty member then works closely with the practitioners to sensitize them to the level of knowledge of the students; the requirements related to concepts to be covered; defining a broad framework for the sessions; and developing reading materials and assignments.

At IMT Hyderabad, 25-30% of every course is delivered by senior executives from corporate world and the rest is delivered by the faculty member in-charge. This approach of practitioner involvement in development and delivery of courses has several advantages:

  • The students get enhanced practical knowledge.
  • Facilitates mentorship program, a program where experienced industry professionals would mentor students in their career choices, project selections, specialization areas etc.
  • Provides the students and institute with opportunities to network with the professionals and forge long term relationships with the practitioners and the companies they have associations
    with.

A partial list of practitioners who have participated in the course during the months of August and September 2011 is as below:

  • Ms Uma Rao (Director, People & Organization at Mars International India)
  • Mr Syed Mudassir Hussaini (Sr. Manager Financial Research, DE Shaw India Pvt. Ltd.)
  • Major (Retd) Satyanarayana Sista (Consultant – Trainer, Tata Business Support Services)
  • Dr. Aruna Koneru (Author & Academician)
  • Mr. Sanjiv Bhargava (C.F.O., JK Agri Genetics Ltd.)
  • Ms. Sushma Marathe (Consulting Director, Brandscapes worldwide)
  • Mr.Tapas Chakraborty (Vice President, Corporate Health Safety Environment and Sustainability with Neuland Laboratories Limited, Hyderabad.)
  • Mr. Srinivas Reddy (Executive Vice President – Human Resources at SKS Microfinance Ltd.)
  • Mr. Phanindra Kuruganty (Co founder edumission India Pvt Ltd and Chief Strategy & Operations, iConcept Pvt Ltd)
  • Mr Sundeep Mittal (Manager, Accounting & Advisory Services, KPMG, Practice Head for Hyderabad)
  • Mr Manish Tewari (Assistant Manager, Accounting & Advisory Services, KPMG)

Internship Program

IMT Hyderabad offers a comprehensive 14 – 16 week Internship Program (IP) in the intervening Summer Term between the first and second years of course work of PGDM Program. Under this, students undergo a 14-week, faculty-supervised internship in an organization to apply the knowledge they have acquired during the first year of their program and bridge the perceived gap between theory and practice. The IP enables students to experience the rigors of the professional environment, both in terms of form and substance. It provides them with opportunities to learn and practice business knowledge and professional behavior. “INTERNSHIP PROGRAM 2013”

Electives

IMT Hyderabad’s PGDM programs address the varied aspirations of students through offering electives. It follows a cafeteria approach wherein a student has the flexibility in choosing electives. A student who wants to specialize in a particular stream has to choose minimum five electives in that stream. For the remaining five, the student can choose any electives as per his/her choice from any stream. An elective course will be offered if a minimum of 15 students opt for it.

Career oriented elective streams

Apart from the traditional functional specialization, IMT Hyderabad offers courses in specialized career oriented elective streams in the field of Business Analytics and Investment Banking. The market for investment banking is showing encouraging signs of growth given the investments programs by government and corporate sector. Business Analytics is another growth area and India is expected to develop into a global hub for analytics. Both the fields have extremely attractive career options and provide good career opportunities. IMT Hyderabad is planning to introduce more such specialized career oriented elective streams in the future.

Integrative elective courses

In order to achieve holistic learning, IMT Hyderabad offers Integrative Courses. The purpose of integrative courses is to provide the necessary breadth to the learning experience. These courses are also in sync with our philosophy of understanding all facets of business and give students an opportunity to improve their knowledge of the business environment. Both the semesters of the second year will offer one integrative course each. The student will have a flexibility to choose the integrative course to suit their career aspirations from the given list of courses.

Management Project

The Management Project (MP) is another unique feature in IMT Hyderabad curriculum which has been included to ensure practice oriented learning. It spreads over both semesters of the second year and carries a total of eight credits. The objective of MP is to facilitate the process of attaining a higher level of knowledge and expertise in the field of study chosen by the students. It will help the students to integrate the learning in multiple areas and address a comprehensive question of relevance to the management discipline. This also inculcates the art of conducting independent inquiry and evaluation which is useful both in industry and for later academic pursuits. The project would be based on a real-time business issue, preferably as a continuation of the Internship Program work.

Learning Outcomes of PGDM Programs

On completion of the PGDM programs, the students would be able to demonstrate

  • Innovativeness
  • Entrepreneurial Mindset
  • Leadership Ability
  • Social Responsibility
  • Global Mindset
  • Integrated Business Knowledge

The institute takes the following apporach for meeting the learning outcomes defined before:

  • Innovativeness

 It is important to make students realize their creative abilities and push them towards challenging thoughts, assumptions and processes. While workshops on creativity and innovation are the obvious and required approach, every course overtly encourages creative thinking. Creativity training and innovation management prepares students to bring about innovations in product, cost, application, business model, mind set and so on. Focus is on projects on rural marketing, e-business, social networks, and other emerging areas.

  • Entrepreneurial Mindset

The elements of entrepreneurial mindset include (a) Self-awareness, coming to terms with ones abilities as well as lack of them; (b) Curiosity and personal commitment to follow through as well as work out the details; (c) Study in a rigorous way successful identification, capture and valuation of opportunity; (d) Ability to mobilize resources to pursue attractive opportunities (e) Taking responsibility to make things happen while managing the risks associated with change and uncertainty.

IMT Hyderabad’s learning practices are not just student centric, but also student driven. The institute encourages students to identify business opportunities; and prepare them to organize, operate and assume the risk for a business venture. Approaches include conceptualising, starting and running businesses, particularly an online business; case studies and role play exercises; trading simulations; interaction with entrepreneurs, experienced professional and achievers from different walks of life such as art, sports, politicians, public sector, NGOs, armed forces, police and so on.

  • Social Responsibility

Students at IMT Hyderabad realise that responsible business practice seeks collective good along with individual profit through economic, ethical, legal responsibility and philanthropic activities. Community development activities; working on social innovation projects; working with NGOs and micro finance institutions to understand and better their activities are approaches that are taken.

  • Global Mindset

Gaining greater knowledge of international business complexities through better understanding of the relationship and interdependence of nations and people around the world is an absolute necessity. A course on international business is offered to serve this objective.

There is a need to develop a skill set rather than just knowledge about a country’s economics and political system as well as the differences in institutions, norms, cultures, and legal frameworks. In order to help develop cultural intelligence in terms of gaining an understanding of which practices, strategies, and behaviours are universal and which are contingent. The initiatives taken include pursuing Internship Program in global companies and locations; interaction with global speakers; projects on inter-cultural business communication and so on.

  • Leadership Ability

The key aspect that the students work on is the ability to know their strengths and weaknesses so as to gain an understanding of their impact on others and vice-versa. This is done with a view to increase effectiveness. In addition to this, ability to work with and through people, ability to motivate and inspire, and ability to deliver is built through:

  • Leadership labs
  • Foundation course on leadership and motivation
  • Personal development exercises, group exercises and projects
  • Reflection of challenges, successes, and failures experienced
  • Discussion on role models and great leaders
  • Role plays and projects to practice of basic skills related to day to day activities of running a meeting, making presentations, giving performance feedback and so on.
  • Leadership volunteer initiatives in the local, national, and international communities
  • Research and dialogue on current and emerging business leaders.
  • Exposure to and interaction with leaders from different walks of life
  • Leadership Ability

The key aspect that the students work on is the ability to know their strengths and weaknesses so as to gain an understanding of their impact on others and vice-versa. This is done with a view to increase effectiveness. In addition to this, ability to work with and through people, ability to motivate and inspire, and ability to deliver is built through:

  • Leadership labs
  • Foundation course on leadership and motivation
  • Personal development exercises, group exercises and projects
  • Reflection of challenges, successes, and failures experienced
  • Discussion on role models and great leaders
  • Role plays and projects to practice of basic skills related to day to day activities of running a meeting, making presentations, giving performance feedback and so on.
  • Leadership volunteer initiatives in the local, national, and international communities
  • Research and dialogue on current and emerging business leaders.
  • Exposure to and interaction with leaders from different walks of life
  • Integrated Business Knowledge

The program structure aims to help the students understand and practice starting and running of business initiatives. Program faculty members address real-world problems from multiple perspectives. Rather than a course in accounting followed by a separate course in management, the holistic program integrates all business disciplines by focusing on common business challenges faced. The initiatives taken include: Students are provided with opportunities to specialize in functional areas / sectors/ careers Experience sharing by industry professionals Real life situations and projects that embed opportunities to apply cross functional knowledge Co-teaching wherein multiple faculty members contribute to learning in a course Management Project Continuous individual student level feedback is the defining feature of the institute’s policy on assessment of student learning and achievement of the learning outcomes.