B-school students and others stand to benefit from the partnership’s focus on equipping them to meet the digital disruption and management challenges of the future. It will also help mid-career senior management professionals, government officers, smart city CEOs, bureaucrats, family-owned businesses and entrepreneurs, IIM Indore said in a press release.

IIM  Indore-TikTok to Launch Course Module on Short-Form Video format

Sharing Good Practices on Using the Internet Safely

IIM -I and TikTok will host joint training and workshops on sharing good practices on using the Internet safely and productively along with hackathons for government departments, law enforcement agencies, and government schemes executing partners.

The partnership also aims to promote better governance solutions for citizens, capacity building of government departments and digital wellbeing. It will spread awareness on the impact of short-form video storytelling in marketing & business management, negotiation, enhancing job creation and skill development.

IIM-I’s Flagship Programs and Executive Courses to Benefit

While signing the MOU,  Prof Himanshu Rai, Director, IIM Indore said, “We are very excited and delighted to partner with TikTok to develop new modules of short video content storytelling and implement them in communication, negotiation, marketing and strategy programs, both in our flagship programs as well as executive programs.

“This partnership is in line with IIM Indore’s quest to be a contextually relevant, world-class, socially conscious institute. Together, we want to harness the power of this revolutionary new age platform TikTok and use it for doing good to the community at large to create an India that is equal, prosperous and happy.

“This will be further strengthened by the launch of several high-level policy engagements and e-services delivery and problem-solving workshops for key decision-makers helping them harness the power of the Internet better. We hope to leverage this partnership to give the economy also a shot in the arm through exploring newer skills and empowering the youth,” he added.

Partnership to Help Bridge India with Bharath

Dr Subi Chaturvedi, Head, TikTok For Good, said, “We are proud to partner with a top Management school like IIM Indore to further the causes of encouraging cutting edge quality education for all, ushering in a new future of work, enhancing skills, building capacity of management professionals, decision-makers and policymakers to tell better stories and driving job creation, delivering better governance, decision making, and creating new opportunities of growth for India’s boosting local economy.

“The internet is the single most powerful tool which has changed the way we work, live, and play. It is a source of new knowledge and is filled with possibilities. TikTok has changed the way we tell stories and now we see a new India rise and take its place under the sun, using TikTok for Good. We are happy to see that TikTok through this partnership with IIM Indore is helping bridge India with Bharat.”

Dr Rai said, “IIM Indore is one of the few “triple crown” accredited institutions in the world, and as such, believes in giving a global voice to India and Indians. Disruptive technology being the order of the day, needs to be adopted and used to further causes that serve our country well. With its increasing global outreach, India in general, and IIM Indore in particular, wish to showcase the strengths of our scientific, social, and cultural moorings, and this partnership is a step in that direction.”

Dr Chaturvedi said, “Tiktok the world over has disrupted the short-form video storytelling format creating a new language of communication and bringing Bharat to the forefront of India. It is also telling the world that India has a lot to share and give to the world-building peace, powering innovation and using technology for Good, through entertaining, joyful, inspiring creative videos.

“Young Indians from the largest urban metros to the smallest and more far-flung parts of India are experiencing the freedom of expression and sharing original videos with their stories. This partnership will harness this power for meaningful and productive use of the internet for the collective good and digital well-being by all stakeholders including government, industry, media and society at large.,” he added.

TikTok will also collaborate with IIM Indore to support in furthering the Digital India mission of a fully connected and empowered India through digital literacy workshops, capacity building and organize several hackathons across states with an aim to engage the youth to come up with a tech or non-tech solutions and address better e-delivery and good governance solutions, the release said.

Got a comment, question or input? Share it below!

EPGP Indore: Program Highlights

The Executive Post Graduate Program in Management (EPGP) is designed for professionals with work experience to enhance their knowledge, skills and capabilities essential for managing and leading organizations.

The program, accredited by Association of MBAs (AMBA), has, in addition to a comprehensive functional core module, elective courses aligned with the industry concentration such as Analytics, BFSI, e-Commerce, Operations & Strategy, etc.  It also includes an International Immersion Program as well as a complete elective course on Advanced Analytics.

The application window remains open from September 5 to December 15, 2019. You should submit the online application by the deadline and pay the online non‐refundable / non-transferable application processing fee of Rs 5,900 (including GST) for Indian nationals and US$118 (including GST) for foreign nationals.

EPGP Indore: Eligibility Criteria

EPGP is open to all nationalities. You should have a Bachelor’s Degree or its equivalent in any discipline with minimum 50% marks. A valid GMAT score (within 5 years from the date of the application deadline date) is needed.

The applicant should have a minimum of 5 years of managerial / entrepreneurial / professional experience after graduation as on the application deadline date. You should mention only full-time paid work experience after obtaining a Bachelor’s degree. You should not include training / project work done as an integral part of any curricular requirement.

EPGP Indore: How to Apply

The application window remains open from September 5 to December 15. 2019. You should submit the online application by the deadline and pay the online non‐refundable / non-transferable application processing fee of Rs 5,900 (including GST) for Indian nationals and US$118 (including GST) for foreign nationals.

Interview of shortlisted candidates will be conducted at various locations including Bengaluru, New Delhi, Indore, Kolkata, Mumbai and Skype, depending on the number of candidates from that region.

EPGP Indore: Selection Process

Short-listing of candidates for the Personal Interview (PI) will be on the basis of GMAT score and/or any other criteria as decided by the admission committee for that academic year. Announcement of PI shortlist will be on December 21, 2019.

Those not meeting the minimum performance in any of the PI parameters set by the Admissions Committee will not be considered for the next stage of the selection process.

The merit list will be based on Composite Score and the provisional admission offers will be made. The composite score is calculated on 50% weight for GMAT scores and 50% for a personal interview.

The selected candidates will deposit a non-refundable commitment fee of Rs 1,00,000 plus Applicable tax. This fee should be paid at the time of acceptance of the provisional admission offer.

The interviews dates will be on December 28 and 29. Provisional admission offers will be on January 10, 2020. The last date for accepting offers will be on January 31, 2020. The program registration will be on April 20 and classes will commence on April 21, 2020.

EPGP Indore: Program Fee & Payment Schedule

The program fee (including commitment fee) will be Rs 20,00,000 plus applicable tax for Indian nationals and US$49,950 plus applicable tax for foreign nationals.

You have the option of paying the balance fee of INR 19, 00,000 plus applicable tax can be paid fully at the time of registration.

The option of paying the balance fee in three installments is also available. In such cases, you are expected to provide an irrevocable bank guarantee valid up to 22 February 2021 for Rs 10,00,000 with the first installment.

The first installment of Rs 9,00,000 plus applicable tax is to be paid on or before the registration day on April 20, 2020. The second installment of Rs 7,00,000 plus taxes is to be remitted before September 21, 2020 and the third installment of Rs 3,00,000 plus taxes before December 21, 2020.

The fee includes tuition, course material, access to library facilities, network/computer charges, lodging and boarding. All expenses towards International travel, visa, passport, lodging and boarding (international) etc. would have to be borne by the candidate. Expenses towards academic input (international) are included in the fee.

Source 1

Got a comment, question or input? Share it below!

Chief Guest Sumit Neogi, VP, HR, Reliance Industries Limited, inaugurated the reunion. He spoke on the theme, “Middle Management Issues”. 

First Day Highlights – Chief Guest Speech

“Midlife crisis can start affecting you in the age group of 35-45 years. It is applicable to anyone and leads to emotional and mental stress…the sad part is you realize you were in crisis when you are past the crisis,” Neogi said.

The crisis starts with having doubts about one’s own decisions. He suggested that such people need to speak, if not to friends, to a counselor. “There is nothing is wrong in it,” he said referring to the reluctance among many too seek psychiatric help.

Stress reduction could also be achieved through reflection, like writing a journal, community work and hobbies, like joining a photography or marathon club, he added. 

A cultural program by the current EPGP batch followed the speech by the Chief Guest.

Second Day Highlights

On the second day, proceedings  resumed with a plantation drive. A conference on the topic — ‘Industry 4.0’ followed. The alumni also participated in a few leadership discussions.

The panellists included Professor Kajari Mukherjee, Faculty, IIM Indore; Rejath Nair, Nissan Digital India and Karan Chatrath, Marketing & Strategy, Aspiring Minds. 

They shared their belief that analytics translates to cost savings and that any innovation in the Industry 4.0 era needs to have an ROI component without which the innovation will not be successful. 

The gig economy came in for special mention as it was felt that it would be the future of the industry. Finally, the experts advised the current batch to focus on up-skilling, for it is better to focus on learning new skills than to worry about saving old skills.

Sajeev Pathak, Head, CMIT India Business at HP, listed the main attributes that a leader must possess as authenticity, humility, trustworthiness and self-awareness. These are difficult for others to mimic, he added.

Prof Bipul Kumar, Associate Professor, Marketing, at IIM Indore, spoke about the challenges of coming back as a Professor after being an EPGP student.

Manish Dixit spoke about the importance of emotional intelligence for a leader and how important courses in organisation behaviour were in shaping the future leader.

Source 1, 2

The maximum was pegged at Rs 31.68 LPA and the Minimum at Rs 12.5 LPA. IIM Indore said along with the rise in average salary, a 20% improvement in Median Pay (YOY) was noted. In fact, the median increase in pay post-EPGP for the cohort was a whopping 115% and the average increase at 105%.

Of the 66 member cohort, 14 were on sabbatical / company-sponsored. The 54 participants who opted for campus placements received 51 offers on-campus and 3 roles offered outside campus / opting out of campus placements. Almost 90% of students had secured offers within the course duration.

Placement Highlights

• Average salary Rs 20.65 (LPA)
• Median salary  Rs 21 (LPA)
• 20% improvement in Median Pay (YOY)
• 15% improvement in Average Pay (YOY)
• 51 participants received as many offers on campus, 3 offers outside
• IT still dominates recruiting, but an upsurge in other sectors including Power, Consulting, Construction, FMCG Pharma & BFS
• Special interest from recruiters to offer roles in upcoming technologies such as Blockchain, Artificial Intelligence, IOT, Industry 4.0 and Data Analytics

The process of placement began on May 2019 after the return of the cohort to the campus from the international immersion at the McCombs School of Business in Austin, Texas.

The placement season 2018-19 saw a rush of recruiters from all walks of the economy. IT still dominates the recruiting space, but there was an upsurge from the other sectors such as Power, Consulting, Construction, FMCG, Pharma & BFSI.

The participants were offered roles in Strategy, Consulting, Product Management, Project Management, Business Advisory, Analytics, Data Architecture, System Information, Business Development, Banking operations, Enterprise Resource Planning and Financial Auditing.

The placement season also saw a special interest from the recruiters to hire candidates for upcoming technologies such as Blockchain, Artificial Intelligence, IOT, Industry 4.0 and Data Analytics. Average salary (Mid 80 percentile offer average) – Past 5 years & current year

Average salary (Mid 80 percentile offer average) – Past 5 years & current year

• EPGP Class of 2015 Average Salary Rs 17.10 LPA
• EPGP Class of 2016 Average Salary Rs 17.13 LPA
• EPGP Class of 2017 Average Salary Rs 19.23 LPA
• EPGP Class of 2018 Average Salary Rs 20 LPA
• EPGP Class of 2019 Average Salary Rs 21 LPA

Roles offered

• Consultant – Strategy • Associate Vice President – Banking
• Analyst – Strategy • Lead Consultant – Domain Expert
• Manager – Products (SAP) • Consultant – Domain Expert
• Business Analyst • Sr. Manager – Business Development
• Associate Project Manager – Banking • Executive Assistant to CEO
• Associate Manager – D&A/SI • Specialist
• Senior Associate • Product Manager

The placement season 2018-19 saw a rush of recruiters from all walks of the economy. IT still dominates the recruiting space, but there was an upsurge from the other sectors such as Power, Consulting, Construction, FMCG, Pharma & BFSI.

Notably, start-ups such as OYO, Elastic Run and Oaknorth Analytical participated in the process.

More than 80 companies communicated their interest and more than 60 ended up floating an opportunity or finally recruiting. The season saw 22 new recruiters.

Broad Hiring Roles Number

Domain Consulting –Manufacturing, Automotive, Life Sciences, Telecom and Insurance recruited the maximum number of 18 candidates followed by

• Information Technology–Data, Operations, Strategy & System Integration (14)
• Finance–Credit Analysis, Auditing & Banking operations (9)
• Core – Product Marketing, Business Development & Strategy (7)
• Product Management–Automotive (3)

The Recruiters

The recruiters included

• Accenture Strategy
• Accenture Technology
• Accenture Operations
• Aditya Birla Retail
• Bio-Urja
• Bliss Life Science
• Cummins
• Cybertech
• Ernest & Young
• Exxon Mobil
• Fractal Analytics
• Genpact
• Google
• Hero Motorcorp
• Honeywell
• Hewlett Packard
• ICICI Securities
• ITC Infotech
• JP Morgan Chase
• Larsen & Toubro
• Tata Consultancy Services

Class Profile

The 10th EPGP batch comprises 66 professional representing almost all sectors of the Economy including

• IT
• Shipping
• Ports
• Oil & Gas
• Automotive
• Medicine
• Manufacturing
• Steel
• Waste management
• FMCG
• Telecom
• BFSI

They have functional experience in

• Operations
• Finance
• Business development
• Information technology and consulting
• Supply chain
• Project management
• Product development
• Quality
• Risk mitigation
• Domain-specific consulting

Incoming Domain

• IT & ITES 33%
• Energy/Power/Oil & Gas 17%
• Manufacturing 11%
• Automobile 9%
• BFSI 9%
• Consulting 6%
• Shipping/Ports 3%
• Telecom 3%
• Retail 2%
• Media 2%
• Waste Management 2%
• FMCG 2%
• Healthcare 1%
• Aerospace 1%

The cohort has 

• Average work experience of 8.2 years
• 54 students were male and 12 female
• The average age was 30.8 years

In terms of work experience

• 5 to 8 years 61% 
• 8 to 12 years  28%
• 12 plus years  11%

The cohort has a total international experience of 384 months.

Source 1