R C Bhargava, Dr. Pritam Singh, Dr. Bala Balachandran to address 3rd IMC 2012 on Aug 9-10

Top Deans and Directors and Corporate leaders including R C Bhargava, Dr Pritam Singh, and Dr Bala Balachandran are amongst the key Indian speakers who will address 3rd Indian Management Conclave 2012 on Aug 9-10 in New Delhi

Online PR News – 05-June-2012 – Noida, UP – Top Deans and Directors and Corporate leaders including Maruti Udyog Limited Chairman R C Bhargava, IMI Director-General Dr. Pritam Singh, Great Lakes Institute of Management Founder& Dean Dr. Bala Balachandran, IIM Ranchi Director Dr. MJ Xavier, IIM Trichi Director Dr. PY Agnihotri, and ISB-Mohali Deputy Dean & CEO Ms Savita Mahajan are amongst key Indian speakers who will address 3rd Indian Management Conclave (IMC) 2012 on Aug 9-10 in New Delhi.

MBAUniverse.com, India's leading MBA portal, is organizing year’s most awaited Management event, the 3rd edition of Indian Management Conclave (IMC) 2012 on August 9-10 at India International Center in New Delhi. The theme of Indian Management Conclave (IMC) 2012 is ‘Survival of the Fittest: Lessons from the Best’.

R C Bhargava headed last IIM Governance Committee, formed by HRD every 10 years, and proposed several recommendations in the year 2008 on bringing administrative reforms in IIMs. Many of his recommendations are being implemented in IIMs now. Bhargava, who is Chairman, Board of Governors, IIM Ranchi; and Chairman, Maruti Udyog Limited, will share his deep insight into the changing industry expectations from Management graduates today. He will share his broad perspective on the evolving nature of Market and Economy, and the essential elements that the Management education in India needs to adopt to suit the fast changing industry needs.

Reflecting on the theme, Mr. Amit Agnihotri, Chairman, MBAUniverse.com said, “India is a booming MBA market with 3500+ B-schools and more than 500,000+ students enrolled in various MBA or PGDM programs. However, today, the Indian MBA market is going through a crucial phase of Shake-out & Consolidation. MBAUniverse.com sees this as a painful, but constructive development.”

“To put a spotlight on how B-schools can adapt to the changing environment, the 3rd annual MBAUniverse.com Indian Management Conclave will draw lessons from the best Indian & Global B-schools, that have innovated to survive and thrive,” he said.

R C Bhargava, a former IAS who played a significant role in building what Maruti Udyog Limited is today, also felt that the substandard quality of education in most of the B-schools is creating a huge gap between the demand and supply of the quality MBAs. “I have come to know that more than 3500 B-schools operate in India today. This is good thing but unfortunately, the quality of education at most of these institutes is sub-standard,” he said, adding, “It is becoming difficult for Industry to hire from most of these MBA colleges, as these institutes add very little or no value to the students. I think there is a huge gap in the demand and supply of quality.”

Dr. Pritam Singh, Director-General, IMI & former Director of IIM Lucknow and MDI Gurgaon, will share his deep insight into the emerging challenges in management education and possible ways to come out of the crisis.

Dr. Bala Balachandran, Founder & Dean, Great Lakes Institute of Management will share secrets of survival and growth of B-schools in today’s volatile environment. Dr. Bala belongs to the first wave of Indian scholars who have contributed to the growing global recognition of India as a resource for ideas and academic talent. Dr Balachandran is currently the JL Kellogg Distinguished Professor of Accounting Information Systems and Decision Sciences at the JL Kellogg Graduate School of Management, Northwestern University, USA. Dr. Bala had joined the Kellogg School of Management as faculty in 1973.

Dr. MJ Xavier, Director, IIM Ranchi; and Dr PY Agnihotri, Director, IIM Trichi will speak on how the new IIMs are creating their own intellectual properties, processes, and distinct identities to compete with the best B-schools in India.
Ms Savita Mahajan, Deputy Dean & CEO, ISB – Mohali will speak on creating successful business models amidst tough environment and shakeout of MBA education where majority of B-schools are facing challenges on admissions and placements.

Like last two years, Indian Management Conclave will host sessions from eclectic pool of speakers from Government policy makers, IIMs, ISB, and Top Universities & B-schools from India, USA, UK, China, Singapore and Thailand. Conclave will also host CEOs & CXOs from India’s largest MBA recruiting companies in domains like Banking, IT/ITES, Consulting and FMCG.