Prof. Alok Pandey is the Director and member of the Governing Council of Institute of Management Studies (IMS), Ghaziabad (NAAC ‘A’ Grade, NBA accredited Institute). In addition to his position at IMS Ghaziabad he is on the board of India's largest e-governance company and is the Chairman of Index Committee of MCX Mumbai. Prof. Pandey is also a member of the Education Committee of CII and has taught at Premier Business Schools in a career spanning 25 years.
The satisfaction of making an intellectual contribution to the growth of the society is one of the prominent factor that keeps me connected to the industry
Although I have held key positions with the Government of India also as the Director on the Board of CSC e-Governance Services India Ltd. (Ministry of Electronics & Information Technology), National Institute of Financial Management (Ministry of Finance-Govt, of India) and the Institute of Cost Accountants of India (Statutory Body under Ministry of Corporate Affairs-Govt. of India) where I served as the Director of Advanced Studies, still my passion lies in education. The key factors that keep me connected with the education sector include – the satisfaction of making an intellectual contribution to the growth of the society, contributing to the development of the nation by enlightening its citizens and the urge of adding some new knowledge in the form of research and innovations.
I strongly believe in the philosophy of Do it Right the First Time
Legendary Ratan Tata had once said – ‘I don’t believe in taking the right decisions, I take decisions and make them right’. As a leader, I am an intrinsically motivated integrator who is not afraid of taking risks and confronting problems. Also, a humanist with empathy for fellow human beings with strong relationship orientation. A go-getter, with a keen eye on detail, has proven ability to plan and strategize effectively for attaining team and organizational objectives. I follow the motto ‘Do it Right the First Time’. Strongly aware about social, political, business and pedagogical trends in education with a firm belief that business & entrepreneurship education contributes immensely to nation building.
The meticulous curriculum and infrastructure along with word of mouth makes us the right choice for the students
Word of mouth is our most reliable tool of marketing as IMS Ghaziabad has a rich legacy of 30 years. Our 6000 strong alumni base with many in top leadership positions, spread all good about us as they have themselves experienced the best of everything we offer to our students be it one of the best libraries in the country, state-of-the-art infrastructure, well qualified and learned faculty members or the competent and highly active Corporate Resource Centre that ensures that the students get the best career opportunities in the brands of their choice. The administration at IMS, Ghaziabad is meticulous and effective. The top management, the Director and the Deans collaborate effectively with other faculty and staff members so as to ensure the smooth functioning of the institute.
We trust in the modern age education system of India a lot and see boundless potential in our students
Answer: No doubt the education systems in foreign countries are more refined and better structured and their students have better basic knowledge to start with. Still, we trust in the modern age education system of India a lot and see boundless potential in our students. At IMS, Ghaziabad the students are not just expected to learn the principles of management but also practice them during their stay at the institute. All students undergo practical training through summer internships, industrial visits and live projects as part of their curriculum. In addition, all the students mandatorily participate in the co-curricular activities which include placements & corporate interface, alumni affairs, organization of academic conferences, student events and guest lectures. We have been able to provide 100% placement to all our students consistently over the years. So by studying at IMS, Ghaziabad the students not only gain the skills, competence and confidence but also the plenty of opportunities to grow and fly high in the sky of success.
We strongly believe that only a good curriculum can produce a good manager
Curriculum is the spine of any educational system. At IMS, Ghaziabad we keep updating the curriculum in accordance with the industry inputs and expectations. It is backed by a world class digital library and ERP based learning management systems (LMS). Faculty members are involved in consultancy and training regularly and several of them published their research in high quality Journals. Several are on editorial boards of reputed research journals and are accredited to guide Ph.D. level research work at institutions of eminence. Besides, we involve our students in most of the curricular and co-curricular activities of the institute so that they understand and apply the best practices of industry and realize their practical significance. Strong industry interface, area wise International Conferences and various value added inputs keep our students endowed with the necessary skills and expertise.
IMS Ghaziabad is neutral to races or economic backgrounds and believes in diversity
We treat everyone with utmost respect and importance. The environment at IMS, Ghaziabad is truly secular, supportive and encouraging for all. Students from all castes, creeds, religions, races and economic backgrounds enjoy being at IMS, Ghaziabad and enjoy its facilities and opportunities here. Those who wish to study on education loan, the institute provides them all the necessary support and guidance. The campus is compliant for differently abled students also.
Read more: nstitute of Management Studies Placement
IMS Ghaziabad is on a roll to bring in new changes in its entire system
I am ambitious and have joined IMS, Ghaziabad as the Director with a vision of making it an internationally acknowledged institute in business education. My roles and responsibilities here are varied and versatile. I am working rigorously for the international accreditation & collaboration so that our students get opportunities to visit the institutes and universities abroad and get benefitted by attending some of the classes there under the student exchange programme. Entire curriculum has been revised according to Bloom’s taxonomy. Examination systems have been upgraded with ERP based online systems, and we have the capacity to organize our mid term and end term examination online and all our students can appear in examination from their respective locations anywhere in India. We put the system to test during recent lockdown and the results were highly encouraging. Obtaining and maintaining accreditations from renowned National and International bodies is our other responsibility. We have invested a huge amount on our library and I am pleased to share that now we have one of the best digital libraries of the country. In order to ensure that the students get the best managerial education we ensure that the annual activity calendar is followed strictly and the faculty members deliver their best to the students.
We are looking forward to bring in international students and introduce faculty exchange programs
As the Director, I aspire to see IMS as the globally recognized business school. IMS, with a firm legacy of 30 years is already soaring high with more than 5000 alumni placed globally. We further look forward to more international tie-ups for even more frequent student and faculty exchange programmes. With an emphasis on quality and innovative research, we shall continue encouraging our faculty members for publishing and presenting their research papers on prestigious international platforms. We are also confident in shaping the future managers with skills that will make them lead in the top roles in the government and in the corporate.
To prepare students for the industry we have introduced new courses to refine their knowledge
IMS, Ghaziabad recently came into the limelight when AICTE accorded approval to its new offering namely, PGDM (Big Data Analytics). The course on Big Data Analytics has been launched in collaboration with IBM, the global IT giant and would train students on the use of application programming interfaces (API), development with IT operations (DevOps), artificial intelligence, cloud computing & IoT.
IMS has signed another significant MoU with BRICS (Brazil, Russia, India, China, South Africa) Chamber of Commerce for International Business and Data Analytics along with the student and faculty development.
Memorandum of Understanding signed with MCX (Multi Commodity Exchange) will strengthen the mutual ties and boost up the chances of students to develop themselves in the fields of trading and financial services. Under the Ministry of Electronics and Information Technology (Govt of India), CSC Academy is a publicly invested learning institution that provides access to professional learning for learners of diverse backgrounds and educational needs.
Ability to pace with the time and trends is our greatest strength
We sense the upcoming global trends and expectations quickly and then leave no stone unturned to make our students job-ready with the necessary skills, exposure and the right attitude to serve. The rich library, national and international accreditations, MoUs with the Indian and foreign organizations of high repute, encouraging ratings and reviews give us strength and motivation to do even better.
IMS, Ghaziabad is accredited by the National Board of Accreditation in India (NBA), Accreditation Service for International Colleges (ASIC, UK) and is a member of AACSB Education Alliance, USA. The institute is already accredited by NAAC with an ‘A’ grade in India. The institute has an excellent placement record since inception in 1990.
The state-of-the-art library serves as a learning resource center with a large number of books and digital resources for every student of the institute. IMS, Ghaziabad subscribes to Thomson Reuters (EIKON), CRISIL, J-GATE, EBSCO full text, CMIE, ACE Equity, ACE KP, ACE MF, ET Prime, EMERALD, Springer, Harvard Business Publishing Education, Taylor and Francis, ASCE, ECONBIZ, ASME, DOAJ, Science Direct, JSTOR, IEEE Xplore, Money Control and several other databases which are available at the institute campus and hostel for the students.
IMS, Ghaziabad has signed up MoU with MCX (India’s largest commodity derivatives exchange), BRICS CCI School of Analysis, CSC Academy, IBM, Northern Illinois University, Fort Hays State University, Fredericton University of Canada and Jamia Hamdard to boost research, students & faculty development.
The deficiency of employability skills in youths is a global challenge
The need of the hour is to design the curriculum as per industry expectations and give the students sufficient practical and international exposure but at the same the students must also realize the value of time and money and should keep a sharp focus on developing their communication, soft skills and the domain knowledge with sound understanding of the industry requirements.
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‘Think big, think fast and think ahead’
‘Think big, think fast and think ahead’ is a popular quote of Mr. Dhirubhai Ambani and I strongly recommend the same to the youths and the aspiring MBA students. We all need to be visionary if we really wish to succeed amidst the tough global challenges. In business, things change every twenty four hours, therefore, the companies expect the candidates to be skilled, vigilant and competent to handle the acute challenges and fluctuations.