A couple of weeks ago, the first ever NIRF rankings were released by the MHRD, Government of India. Lot has been said and written about the rankings in the last few days, especially about the list of Management Institutions. While some were happy with the list, some were surprised; some were pleasantly satisfied with it, some were seemingly vexed; some called it faulty while some called the list politically motivated and that’s the beauty of a healthy democracy. Everyone is entitled to have an opinion. I too have one.
Perceptions and stereotypes are hard to get rid of. Majority of people (including me), look at management colleges as placement agencies. For prospective students, things like ROI and job opportunities are major decision making factors for choosing a college. The mean and median CTCs of previous graduating batches are considered the benchmarks to judge the potential of institutions. One may argue that this method of ranking institutes is not utterly wrong, but objective ranking of the institutes based on subjective judgement is again a debatable topic.
I am fortunate enough to be a part of the student community of IIM Udaipur a young college that managed to find its way in the top five, speeding ahead of the many giant and established old names. Being closely associated with this institute, I am informed enough to actually try and shed some light on the way this institute works and why it well deserves the position it was conferred with.
The close knit community – being a new college with a relatively smaller alumni base actually opens up possibilities for a “deeper organic” networks instead of the more prevalent “mechanistic wider” ones. I being a current student am in touch with almost all of my seniors on formal as well as on personal levels. It’s the same with our professors; the good faculty student ratio enables both the fraternities to know each other not only at the academic level but also at personal levels.
The emphasis on research – “Institute” as defined by Oxford is “an Organization having a particular purpose”. And what’s the purpose of an educational institute, if is it is not to explore, analyze, create and dispense knowledge for the benefit of the society, nation and the industry? One of the core strategies of IIM Udaipur right from its inception has been its belief in research driven ecosystem. For those who have less faith in the MHRD’s “desi” list, can check out this link: http://jindal.utdallas.edu/the-utd-top-100-business-school-research-rankings/search#rankingsByJournal
This ranking is based on the database created by UT Dallas to track publications in 24 leading global business journals.
The unique course structure – I believe IIM U’s PGPX program to be of one the most uniquely designed programs in India for experienced professionals to advance their career in the field of Supply Chain and Operations. Unlike any other General Management Programs of older IIMs or other prestigious B schools, this 15 month rigorous course is highly focused on the Global Supply Chain Management, and consists of a 2 month industry internship along with an entire semester at Purdue, Krannert School of Management. Another such unique program is the MDP for women entrepreneurs especially designed to encourage and empower current and aspiring women entrepreneurs. Corporate Immersions, rural immersions, international immersions are just a few examples of the unique elements embedded in the course work of this institute.
Apart from the above three factors, there are a multitude of reasons why IIM Udaipur is one of the best B schools of the country. The current NIRF ranking is a mere reflection of the fact that we are on the right track, boosting our confidence to work even harder and smarter in the years to come, so as to pen a legacy of our own.