The new batch of Post Graduate Diploma in Management courses for the year 2017-19 inducted at the campus; 95 students, including four international participants, all set to embark on an entrepreneurial journey.
Ninety-five (95) students were inducted into the Post Graduate Diploma Programme - Business Entrepreneurship (PGDM-BE) and Post Graduate Diploma Programme - Development Studies (PGDM-DS) on July 3 at the Institute – an acknowledged National Resource Institute for entrepreneurship education, research, training and institution-building. Budding entrepreneurs from Gujarat, Maharashtra, New Delhi, Chhattisgarh, Haryana, Jammu & Kashmir, Karnataka, Odisha, Rajasthan, West Bengal, Madhya Pradesh, Telangana, Uttar Pradesh, Sikkim, Tamil Nadu and Kerala have enrolled for both these PG courses. While 79 students have joined the PGDM-BE programme, 12 have joined the PGDM-DS programme. Apart from this, four international participants have also joined the PG programmes.
The induction week for the new batch commenced on July 3. During the week, the students will get a peek into the nuances of entrepreneurship and various aspects of the two-year course, which would become the basis of their entrepreneurial journey. Dr Manoj Mishra, Acting Chairperson, PG Programmes welcomed the students and briefed them about the institute’s activities in the field of entrepreneurship and its role in leading effective implementation of entrepreneurial training and capacity-building in various target groups, across several organisations, institutes, sectors and clusters.
Throughout the week, the students of the PGDM-BE programme will be prepared for the basics of the business, catering to the following objectives of the programme: Developing skills in successfully initiating, expanding and diversifying a business; enterprise in new and upcoming areas; developing family business successors as enterprising and knowledgeable owners of the business of their predecessors; and creating entrepreneurial managers for corporate sector. The initial components on basics of business venturing will be prerequisites for upcoming trimesters. Some of the modules are Trends of Industries and Emerging Opportunities, Commercial Acumen, GST Impact on MSMEs, Marketing Basics, Business Communication, Introduction to Excel and Policy Measures by the Government for Industrial Growth and Sustainability. Business games and workshops on Ideation, Design Thinking and Blu Ocean Strategy & Dream Team will ably aid the learning modules and make the sessions interactive and enriching for the students.
The students of PGDM-DS programme, on the other hand, will lean about the development sector and the role of entrepreneurship in the same. The various modules of the course are Art and its Role in Development, Contemporary Issues in Development Sector, Social Responsibility of Corporates, Goal-setting, Role of Media in Propaganda-setting, Mainstreaming the Poor through Financial Inclusion, Peace Research and Gandhian Philosophy, Soft Skills, problem-solving exercises, ideation workshop, edutainment movies, field visits, rural markets, etc. Apart from this, the students of both the PG courses will be interacting with entrepreneurs and experts who will share their entrepreneurial journeys and stories of both failure and success.
Shared the idea behind the origin of the PGDM-DS course, Dr Mishra said, “The institute felt a need to create resource persons in the development sector, who can lead to effective implementation and planning of projects.” He added, “The PGDM-DS course is designed as a broad and multi-disciplinary programme to equip students with knowledge, analytical and conceptual skills of societal and economic development. During the two years of course, the students are given opportunities through field work and internships to get a better insight into the practical application of classroom teaching. This course prepares students with the ability to provide entrepreneurial solutions to social problems, livelihoods for rural and urban poor, corporate social responsibility initiatives and creating social enterprises.”
Dr Mishra also said that the PGDM-DS course offers an opportunity to professionals to become social change leaders as the students of this course delve into the nuances of microenterprise development, microfinance, livelihood promotion and CSR interventions.
While briefing about the PGDM-BE, Dr Satyaranjan Acharya, Programme Coordinator for the course, said, “The BE course comprises two segments: new enterprise creation and family business management. With major portion of students hailing from business families, family business management remains a popular choice of course. Also, the PG course is reviewed and revised every year to accommodate changes in view of new policies and schemes of the Government and the business world.” He also informed the students about EDII’s association with various start-up initiatives of the Governments at the Centre and the State.
The new batch was apprised that in addition to the course delving into all aspects of setting up and managing enterprises, the institute also provides them an additional option of pitching their start-up models here for getting incubated through the Centre for Advancing and Launching Enterprises (CrAdLE). Considering the fast-growing start-up movement in India, the institute hosts a Department of Science (DST)-promoted incubation centre, the CrAdLE, which extends thorough mentoring support to help students start, progress and sustain a venture.
Marking the formal start of lectures and sessions for the newly-inducted students, a panel discussion on New Age Entrepreneurship, initiated by Dr Chandan Chatterjee, Senior Visiting Faculty, EDII was conducted at the institute in association with the Federation of Indian Chambers of Commerce & Industry (FICCI) on July 4. Panellists for the three-hour session were Dr Param Shah, Head, FICCI Gujarat State Council; Mr Abhishek Desai, Co-founder, Digicorp and Founder, CricHeoes; and Mr Anshuman Mohapatra, Partner, Vector Legal.
Dr Param Shah mentored the discussion. He also apprised the students of various roles and responsibilities of FICCI and how it has become so resourceful for the upcoming entrepreneurs. Mr Abhishek Desai and Mr Anshuman Mohapatra shared their experiences on founding start-ups, legal complications and being mentored by FICCI. They discussed how decision-making is a dynamic process in the business world, which requires each decision to be time- , need- and sector-specific. It was shared that businesses need to contribute to capacity-building so that they can withstand challenges faced in future. That network-building remains another critical area, was reiterated by all the panellists.
Several sessions, simulations games, exercises, discussions, ideation workshops, etc. are scheduled till July 14 for the inductees to strengthen their perspective.
Dr Chandan Chatterjee (standing), Senior Visiting Faculty, EDII conducting the panel discussion on New Age Entrepreneurship, conducted in association with FICCI on July 4 at the institute's campus. Also seen are panellists (L-R) Dr Param Shah, Head, FICCI Gujarat State Council; Mr Anshuman Mohapatra, Partner, Vector Legal; and Mr Abhishek Desai, Co-founder, Digicorp and Founder, CricHeoes.
The inductees at the panel discussion on New Age Entrepreneurship, conducted in association with FICCI on July 4 at the Institute.
Students during their induction to PG courses on July 3 at the Institute
Students during their induction to PG courses on July 3 at the Institute
Dr Manoj Mishra, Acting Chairperson, PG Programmes welcoming the students to the Institute