Plug gaps in infrastructure investment and skill deficits in current slow down phase

“The current slow growth phase can be used as an opportunity to plug the gaps in infrastructure investment and skill deficits in our country. If pump-priming through fiscal spending on infrastructure is combined with better investment climate to incentivise the private sector to invest, then we can use this period to further enhance India’s competitive strengths” said Dr. Isher Judge Ahluwalia, Chairperson, Indian Council for Research on International Economic Relations (ICRIER) while speaking at the Twenty Fifth Annual Convocation of International Management Institute (IMI) Delhi. “By the time the world economy begins to turn around, India will be in a better position to exploit the new opportunities” she further added

At IMI’s convocation 223 students were conferred with Post Graduate Diplomas in Business Management (PGDBM). The students were from IMI’s 25th Executive Post Graduate Diploma in Management (37 students) , 26th Three year Part Time Post Graduate Programme in Management (PGPM) (30 students), Post Graduate Programme in Management (PGDM), a two year full time programme, ( 121 Students) and 3rd Post Graduate Diploma in Management (Human Resource) had 35 students, who passed out of the institution.

While presiding over the 25th Annual Convocation, the noted economist Mr D H Pai Panandikar, Member IMI Board of Governors, encouraged the outgoing students by stating “We are already witnessing signs of economy picking up and businesses are rejoicing at not just in India, but across the world.”

Appreciating the role of IMI Dr. Ahluwalia, said a number of surveys conducted during the past two years have ranked IMI among the top ten business schools in the country. “Today as you, (the students) leave behind years of academic learning in a sheltered environment to begin a new journey in the big wide world. There is the wide and expanding sector of civil society which needs people with your skills. I am sure that you will make IMI proud. More so when the Indian economy is growing at a much faster pace then the rest of the world. ”
Welcoming the guests and the graduating students, Dr C S Venkata Ratnam, Director IMI India said “I thank and compliment the thought process of the founding members of this institution who thought well ahead of time and made IMI the first corporate sponsored institution in the country. I would also like to compliment the students who today are working out well armed to create a niche for themselves in the business world”.

Addressing the gathering Dr. Ratnam , further added that “while the whole world is under recession and corporate are skeptical about adding more staff, IMI has managed to place over 85% of it’s batch and in the next couple of weeks, the institution will have 100% placement”.

All students graduating from the Institutes Two year Post Graduate Program (PGP) have been placed with an average salary package of around Rs 6 lac in PGDM and Rs 5.25 lacs in PGDMHR. The highest package offered to the out going batch is of Rs 11 lacs.

Major recruiters this year fifty Eight (58) in all, are from sectors like Banking & Financial Institutions with Insurance as the dominant recruiter followed by IT, FMCG and Market Research. Forty Four (44) companies were first time recruiters. There were nearly 8 companies from the Public Sector.

Some of the prominent recruiters included companies like Asian Paints, Maruti Suzki , RPG Enterprises, KEC International, Ceat Ltd, DSCL Ltd, Ranbaxy , HCL Technologies, Perfetti, SBI Life Insurance, Infosys BPO, Vodafone, Indian Oil Corporation Ltd., Pulser Knowledge Center, Quantum Research, Citi Bank, IMRB, ICICI Bank, Hero Honda Motors Ltd., Tata Tele Services, Darashaw, Prabhudas Liladhar, Iffco Ltd. LMJ International, Canara HSBC Life Insurance, Hindustan Unilever ,Onida, FINO, KLG Systel, Ambuj Technologies, Globus Group and EREDA. The job which have been offered to out going students range from Sales & Distribution, Marketing, Market Research, Project Management, Consulting, Operations, Material Management, HR, IR, Finance, Project Appraisal, Team Lead, to name few.

The corporate world in India, public, private, multinational companies, international consulting firms and other organizations have employed the Institutes alumni who are rightly called, the Achievers

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About International Management Institute (IMI)

International Management Institute (IMI) was established in 1981, as an autonomous non-profit educational society under the Societies Registration Act 1860, to meet the widely felt need for internationally oriented management education/ training for managers at all levels in industry, government and public systems. The academic programs of the institute continue to enjoy full support of the corporate sector as well as the Government of India since its inception. Today, IMI holds a place of distinction among the premier schools of management for being the first corporate sponsored business school with strong international orientation in India.

IMI follows international standard curricula in its programs, which has been enriched by its academic collaborations with a number of leading B-schools in Asia, Europe and North America and prepares participants to successfully manage and lead in an increasingly global business environment. IMI's educational programs have been recognized by All India Council for Technical Education (AICTE) and Ministry of Human Resource Development, Govt. of India. The corporate world in India, public, private, multinational companies, international consulting firms and other organizations have employed its alumni who are rightly called, the Achievers. For more information about the IMI please visit www.imi.edu