IIM Mumbai to launch MBA course in innovation, entrepreneurship

IIM Mumbai, erstwhile NITIE, started to relation nether its caller sanction from 2024-25 with 3 courses; MBA (general), MBA successful Sustainability and Management, and MBA successful Operations and Supply Chain Management. The institute is acceptable to motorboat different MBA people on with 2 enforcement courses — an online arsenic good arsenic a play batch for moving professionals.

Director of IIM Mumbai, prof Manoj Tiwari, said: “The people contented for MBA successful Innovations and Entrepreneurship is acceptable and awaits the world council’s approval, which should beryllium completed soon. We are readying to connection the caller people from the caller world year, on with an online MBA course, which is already advertised connected our website for aspirants to apply. A play MBA people is besides successful the pipeline.”

To promote the tone of entrepreneurship among students, IIM Mumbai has already acceptable up an incubation centre that is expected to beryllium afloat functional from February.

“The outgo to acceptable up this incubation centre is Rs 50 lakh. While we hold for it to go afloat functional, students with innovative ideas are encouraged to enactment successful their hostel rooms,” said Tiwari.

He added that they were besides fixed fiscal enactment of Rs 10,000.

The institute has applied with the authorities to money the incubation centre though it is besides assured of being capable to rise its ain money with the assistance of the alumni and industry.

280 students placed

Amid placements, IIM Mumbai has witnessed a affirmative interaction of its caller presumption with an accrued fig of companies visiting the field to enlistee students with higher mean wage packages.

Close to 280 retired of 480 students person been placed successful the archetypal signifier of the placement process.

“After the IIM status, much companies are consenting to enactment successful our placements. The mean wage bundle has seen a leap from Rs 25-26 lakh to Rs 35-36 lakh,” said Tiwari.

He added that of the completed placements, 142 are pre-placement offers and 134 are students with enactment acquisition anterior to their admissions to IIM.

The 2nd signifier volition present reason successful January, which volition see remaining students.

Cultural speech inaugural launched

The IIM Mumbai connected Tuesday launched the 5th signifier of the Yuva Sangam, a taste speech program.

The initiative, which is nether the ‘Ek Bharat, Shreshtha Bharat’ run of the Prime Minister’s Office (PMO), aims to observe India’s taste diverseness and foster nationalist integration.

For this phase, IIM Mumbai has partnered with IIT Bhubaneswar.

Each volition correspond their respective states, Maharashtra and Odisha, and big students selected for the taste speech betwixt the 2 states.