The convocation of Indian Institute of Management Lucknow saw 259 students being awarded their diplomas by Dr. J. J. Irani, Chairman, Board of Governors, IIM Lucknow, and Director, Tata Sons. Shri Subramaniam Ramadorai, CEO & Managing Director, Tata Consultancy Services, who was to deliver the convocation address, but due to some emergent personal situation could not come to Lucknow to do so. In his absence, Dr. J. J. Irani, Chairman, Board of Governors, IIM Lucknow and Director, Tata Sons delivered the convocation address.
235 students in the 22nd batch and 2 students in the 21st batch of Post Graduate Programme in Management and 21 students in the third batch of IIML's innovative Post Graduate Programme in Agri-business Management were awarded their diplomas at the convocation. Besides, 1 student in the Fellow Programme, the doctoral level programme at the institute, received his title at the convocation.
"Today, the world is looking at India for providing the leadership role in the 21st century. Our students have always been able to prove their capabilities and will once again be equal to the task of leadership. We believe that the reason for the success of our students will be the firm grounding that the students receive in global businesses and local processes - Glocal is the mantra at IIM-L," says Dr. Devi Singh, Director, IIM Lucknow.
IIM-L completed with its placement procedure on 7th March 2008. The institute successfully placed all its 256 graduating students this year. There were 586 offers made to 256 students (against 554 last year), including 32 international offers (against 28 last year). This year also saw the third Agri-business Management Batch passing out with flying colours. Various organizations participating in the ABM placement process were ITC, Reliance Industries, Cadbury, ICICI Prudential, ICICI Bank, Standard Chartered Bank and Reliance ADAG, among others.
Dr. J. J. Irani, Chairman, Board of Governors, IIM Lucknow and Director, Tata Sons, delivered the Convocation Address. He congratulated the students and wished them all the best. Dr. Irani also shed light on how the Indian corporate sector has come of age and transformation is the name of the game. He also touched upon the role of business ethics and corporate social responsibility for business sustainability.
As IIM Lucknow comes of age, it has announced the launch of a new programme at its Noida Campus. International Programme in Management for Executives (IPMX), will be launched at the Noida campus in April 2008, with an important component of 4-5 weeks at Faculty of Management at McGill University Campus. Another main highlight of IIM-L Noida Campus will be the setting up of the National Faculty Development Centre to train and upgrade management faculty.
Some major initiatives that have been taken during the year include: - #
The increase in student intake in the Post Graduate Programme from the current 240 to 330 in 2008 #
144 research contributions have been published #
During the year, the institute also carried out 15 consulting assignments and 25 research projects #
Revenues from MDPs have gone up more than 3 times and stands close to Rs. 10 Crore #
Faculty strength has gone up to 66 #
86 students received need-based scholarships worth Rs. 48 Lakhs |