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First Batch of IPMX at IIM-L Noida Campus Works on Innovative Industry Projects

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First Batch of IPMX at IIM-L Noida Campus Works on Innovative Industry Projects

The first batch of International Programme in Management for Executives (IPMX) at was launched in March 2008 and is now on the verge of successful completion. The highlight of the batch was spending a term at McGill University, Canada
as well as a three-month long industry project, which were a part of the academic curriculum. Both these combined together not only focused on the academic acumen of the students but also provided a global feel to the programme.

The 1st batch of 45 students has received excellent industry response with their projects. This was owing to their work experiences (average of ten years for the batch), the International Module (a complete term spent at McGill University), corporate interactions, and hence, a global understanding of issues.

Industry projects not only provide the students with an insight of present business scenario but also enabled them to put a firm foot in managing the same. The projects play a crucial role by providing the students with the much-needed finesse to prepare potential senior managers to cope with the globalised business environment and issues that impact their decision-making capabilities. These projects also prove to be very useful to companies as they get extremely talented and experienced pool of participants to deal with a particular business issue of concern.

The profile of students who have opted for the first batch of IPMX marks a major change from the usual profile of students. The students of IPMX have an average of 10 years plus of experience. These students, or mid-career executives, are already well-experienced candidates and come from diverse functional areas, a large majority being technical graduates. Around 45% of the students are from the IT and technical backgrounds, while the rest of the students belong to sectors such as telecom, power, banking, finance, and defence.

The process of industry projects commenced post September 2008. Prof. Punam Sahgal, Chairman, IPMX, says, "The companies were contacted and there were large number of corporate interactions wherein the students got opportunities to interact with the CEOs and MDs from industry. The CEOs from the companies shared their thoughts on various issues related to current trends in business and globalization, which gave the students an insight of the requirements and demands of the corporate world. After interacting with the students and rounds of interviews, the companies finally lend projects to meet their specific requirements."

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