1. Please highlight on the vision of Jaipuria Institute of Management.
The overall vision of Jaipuria Institute of Management is to promote quality management education in the country and prepare industry ready future managers having values rooted in concerns for society. Jaipuria group has four colleges under its umbrella at; Lucknow, Noida, Jaipur and Indore. The institution is catering to large number of students, has expanded from one campus to four in three decades. We have students from over 15 states studying at our institution, talking particularly of Jaipur campus, even after being located in a regional city; it has students from 12 states. We are able to provide quality education and growing at a favorable pace while maintaining diversity.
2. What are the certifications and achievements of the institution?
Our Noida and Lucknow campus has been accredited ‘A’ by NAAC. Jaipur, Noida and Lucknow campus have AIU approval stating that, our PGDM program is equivalent to MBA. In terms of ranking, we are in the top 50 B schools in India. According to 2015 NHRDN survey, Jaipur campus has been rated as best emerging business school in India, and placed in the same league as IIM-Kashipur and IIM-Ranchi. Another differentiating achievement is that recently IIM Ahmedabad has written a case study on Jaipuria Institute, Jaipur discussing out student engagement program, which they found worth recording and sharing with the larger world.
3. What are the changes you have witnessed in students over time?
I started my career in educational domain in 1991. I can clearly see that over time students have changed their ways of perceiving education. There has been a drastic change in ways of learning especially after 2000. Each batch had something new to itself, and this means that faculty has to pace with this change. The gross enrolment ratio of India has doubled since 2010; most of new entries in higher education are the first generation learners. This is likely to happen as the access to higher education increases and it reaches Tier 2 and Tier 3 cities. However, this also means that the learning habits of first generation learners are going to be different, as they have had no precedence at home. In this situation, it is our duty to acquaint them with the pedagogy by demonstrating what we expect from them. They will do what they observe, it is our duty to set examples for them, the faculty shall act as ideals and their actions must encourage the students.
4. What are the steps taken at Jaipuria Institute of Management, Jaipur for holistic growth of students?
In my opinion, learning shall not be confined to classrooms; it shall step out in the corridors, cafeterias, seminar halls etc. A large part of learning must take place outside the vicinity of classrooms. We have decided to evolve three pillars to blend formal and informal structure of education for the welfare of the students. The three pillars are;
- Life after 6 program: The first initiative was the introduction of programme called “Life after 6”. Three activity buckets were designed and launched as part of informal beyond classroom learning ecosystem, starting from 6 pm onwards. The first bucket comprised of hobby classes such as guitar, karate, and yoga sessions. The second bucket comprised of discussion platform such as WAVE (stands for Written and Verbal English) for spoken and writing practices, Hot-Koffee-Hot-Issues for discussion on contemporary topics over a cup of coffee, and Seminars for in-depth research on a topic followed by presentation to a larger group. The third bucket comprised of an array of non-management courses, largely from liberal arts and technical domains, such as World History, Indian Economy Since Independence, Social Psychology, Advanced Excel, Data Analytics using statistical software etc. to name a few. Good news was that a large number of students voluntarily enrolled for ‘Life after 6’ programme which not only changed the contours of students engagement quality on the campus but it has also helped improving the employability quotient of our students resulting into better placement.
- Learning management system: The second initiative was in terms of introducing Moodle as the Learning Management System on the campus. This provided an essential technological interface with our students and helped creating 24x7 learning environment. Sharing of learning resources became easy and the tech savvy generation found it quite conducive and enabling. Our faculty created online discussion platform and added whatsapp groups for easy sharing.
- Summer Internship programs: Under the third initiative, our faculty focussed on enhancing the effectiveness of summer internship project of our students. The industry internship was made a credit course and a systematic pre-SIP, during-SIP, and post-SIP plan was created. I feel really proud to report that all our faculty colleague and colleague from placement and training visit industries and companies to see how our students are doing and they also met their industry mentors and discussed with them on matters of internship progress and learning. This not only helped increasing the quality of SIP for our students, but also worked as a great moral booster for them.These initiatives, added with the constant efforts of our students resulted into 100% placement in 2014-15 with improved average salary package and better profile.
5. How has the institution developed Industry-relations for the students?
Developing Industry-relations is one of our priority area, we do so by undertaking following steps:
- Value Alumni: We value our alumni; take them on board on various occasions. Alumni engagement helps to establish relations and encourage the existing students.
- Guest Lectures: We have included 20% lectures through guest lecturers from various fields. The industry based lectures help the students to be acquainted with the outside world.
- Formal tie-up: We have recently signed a MOU with Genpact, and they have launched a new course in our institution. Students will get an opportunity to be taught by Genpact professional and also get a chance to work with them. It is like on job learning program.
- National Professor Scheme: We have developed a tie-up with NHRDN for a National Professor Scheme under which eminent experts are scheduled to visit and engage sessions with our students.
- CEO Mentoring Programme: We have developed CEO mentoring program under which CEO’S have been identified, and each CEO is assigned 2-3 students. The students get a chance to stay with CEO and analyze their way of working; the CEO mentors our students on regular basis.
6. What is your take on Skill India? What is the role of management institutions in skilling the youth?
Skill India is a wonderful timely initiative for the growth of our nation. The average age of working population in India is soon going to be 25 years, whereas in nations like Europe and U.S.A the average age is going to cross 40, which reduces the productivity of these nations. Skill India will also help to ensure dignity of people and create an inclusive society.
Management College should take initiatives to form centers for skill development. We at Jaipuria Institute of Management, Jaipur, focus at understanding the youth. We initiated an annual conference three years back under the banner of Youth2025. The theme of the conference to be held in 2016 is ‘Skilling Young India for Global Leadership’. We would like to move in skill building, till then we are skilling the management graduates in our way.
7. What are the challenges faced at Jaipuria Institute of Management, Jaipur?
The biggest challenge is globalization, the students are freshers and they have to face challenges at global level. If we don’t focus on global standards, entire ‘demographic-dividend’ will be relapsed. Lack of industry trained faculty is another challenge faced by institutions these days. Faculty is the main driver of education sector and quality of faculty makes a lot of difference.
8. Writing is not everybody’s cup of tea, you have excelled by publishing 29 research papers, 4 books and several conference papers, how has writing helped you?
I had cleared Civil Service Examination in 1978, my mother advised me to go for teaching and writing, so it came from there. She always knew what was right for me, she instilled the faith that I was meant for education sector. Self-motivation drove me towards writing. Each student should develop the habit of reading; it helps to grow as a good human being. One cannot expect to become a good writer without being a good reader.
9. What are future plans for the institution?
We are planning to consolidate and diversify streams and courses, courses in new and upcoming areas are being initiated. Rajasthan is undergoing lot of development in terms of health, metro rail, energy etc. Education has to keep pace with these changes. We are going to come up with big plans for developing enduring relations with corporate sector to enhance student-industry relations.
10. Please tell us about the steps taken for improving Placements?
Final placement is a priority area for us. Our students get exposure 300+ companies. We have had 100% placements in consecutive years with a consistent rise in average salary package, highest salary, and job profile. Our emphasis is on developing each student as per his/her interest area through a systematic intervention method known as Individual Development Plan.
11. Is Entrepreneurship promoted at Jaipuria Institute of Management?
Yes, of course, entrepreneurship is promoted at Jaipuria. We have a full course on entrepreneurship for students. We have also developed ties with National Entrepreneurship Network (NEN) to promote entrepreneurial activities. Our focus is also to instill the qualities of entrepreneurs in job seekers as well, the skills that are essential to become successful in today’s world. We have also joined hands with Start-up Oasis in Jaipur which is an initiative of IIM Ahmedabad.
12. What advice would you like give to your students?
I always advice my students to keep the energy level high and take up the ownership of developing oneself. Never give up on your dreams, believe that everything is possible. The secret of life is that there is no secret, the entire answer lies within you. Your family, friends and teachers are your shining stars; they will always give you the best advice. There is no substitute to hard work. If you work hard, you will also start feeling lucky.
Brief Bio: Dr. Prabhat Pankaj
A post graduate in Economics and a Ph.D. in applied Economics, gold medalist in graduation and post-graduation. He is teaching Economics at post graduate and undergraduate level for about 24 years. He has worked as an economic consultant to the Ministry of Trade and Industry, Royal Government of Bhutan on WTO issues and represented the Royal Government of Bhutan in UNESCAP meeting on Post-Cancun Agenda in Bangkok.Dr.Prabhat Pankaj has been honoured with Bharat Vidya Shiromani Award and Certificate of Education Excellence for outstanding achievements and remarkable role in the field of education by Indian Solidarity Council, New Delhi, India.He has carried out studies on poverty, inflation, environment and happiness measurement for various agencies including UNDP, UNFPA, RIS and the Planning Commission. Dr.Pankaj is also an IBM lsted expert mentor on SPSS. Earlier he has served in the capacity of Director, School of Economics, Shri MataVaishno Devi University, Jammu; Dean ILM Graduate School of Management, Greater Noida. His areas of teaching include Managerial Economics, Business Environment, Environmental Economics, Economic History of India and applied Econometrics.Last Updated - 14 Sep 2015