Launch of Collaborative MBA Program by IIM Visakhapatnam, NIT Warangal & IIITDM Kurnool (Institutions of National Importance)
Three reputed Centrally Funded Technical Institutions (CFTIs) viz., Indian Institute of Management Visakhapatnam (IIMV), National Institute of Technology Warangal (NITW), Indian Institute of Information Technology, Design and Manufacturing, Kurnool (IIITDMK) - all Institutions of National Importance (INIs), have announced today (20/9/2023) launch of a collaborative MBA program to provide the BTech and MTech students of the Participating Technical Institutions (PTIs) the opportunity to pursue the prestigious IIMV MBA program.
This offering is line with the New (National) Educational Policy (NEP 2020) that encourages multidisciplinary education, enabling the students to become well-rounded citizens better-prepared for the future, on the strength of holistic development achieved through exploring various facets of managerial knowledge combined with engineering and technical skills.
Offered in an easy-to-pursue hybrid mode, the program will equip the students with better capacities and competencies and thus with wider choice of and more attractive career options.
Prof Chandrasekhar, Director IIM Visakhapatnam thanked the leadership of NITW and IIITDMK for their partnership in this exciting endeavour, a unique initiative that contributes to a brighter future for the students. He added - As NEP 2020 envisages, this collaboration across the three higher educational institutions provides the students with greater flexibility and choice in their studies helping them gain new capabilities that they may not have the opportunity to acquire otherwise, in their academic careers.
Director of NIT Warangal Prof Bidyadhar Subudhi said - this collaboration reinforces the expertise available with our School of Management (SoM), whose endeavor has been to transform technocrats from various streams of engineering into techno-managers.
This collaborative MBA Program, jointly offered by NIT Warangal and IIM Visakhapatnam will enable our students to earn BTech and MBA from two institutes of national importance in 5 years and thereby help the students save one academic year. It will prepare young scientific minds for techno-managerial careers. Many industries look for candidates having a blend of engineering and managerial skills and this program can help engineering students to have stronger foray into the management discipline, with the high brand-equity IIM MBA degree. The faculty of both the institutes can co-teach, enriching the program’s delivery. It can offer a brighter future for the students, preparing them with better competencies and opportunities in employment and entrepreneurship.
Prof Somayajulu, Director of IIITDM Kurnool said - this collaboration offers an exceptional opportunity for IIITDM Kurnool students to pursue a blended-mode MBA that seamlessly integrates technical expertise with managerial skills, enhancing problem-solving abilities and career prospects. The partnership also provides valuable networking opportunities and fosters innovation, driving technological advancements with a market-driven perspective. In essence, this collaboration equips engineering students for success in a dynamic job market, nurturing future technology leaders.
The Program Chair, Professor M S Jawed described the collaboration as a pioneering effort that marks a significant milestone in the realm of management education, offering a unique pathway for engineering and technology enthusiasts to seamlessly integrate managerial skills into their technical prowess.
With a flexible and balanced blend of on-campus immersion and online courses, the program allows students to delve deeper into their chosen areas of specialization. With a wide variety of options, the curriculum is meticulously designed to prepare young minds for a dynamic career in techno-managerial roles. With the industry increasingly valuing candidates with both engineering and managerial acumen, our program positions students for success. It equips them not only with the technical proficiency expected from a CFTI graduate but also with the strategic thinking and leadership abilities essential for managerial roles. Furthermore, this program offers an array of benefits such as students becoming alumni of IIMV, gaining access to a vast network of professionals and resources. The journey will thus be transformative, unlocking a world of opportunities. “IIMV stands committed to shaping the next generation of technology leaders with a distinct managerial edge”, added Prof Jawed.