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Monday, February 26, 2024

Nikhil Sawhney’s Plan to Introduce Sustainability MBA in 2024

The recently appointed president of the All India Management Association (AIMA), Nikhil Sawhney, intends to launch a sustainability MBA program in 2024 with the goal of inspiring other business schools to follow suit. “AIMA offers a plethora of courses, and an MBA in sustainability will make our offerings even more relevant,” he added.

In addition to being the vice-chairman and managing director of Triveni Turbines, a company that produces industrial steam turbines and uses renewable energy, Sawhney told FE’s Vikram Chaudhary that CXOs need to be knowledgeable about geopolitics and sustainability.

AIMA, established in 1957, is a significant player in the Indian management profession. It offers testing, distance education, skill development, training, research, publications, executive education, and management development programs. AIMA upskills management professionals with courses such as postgraduate diplomas in management (PGDM), PGDM Executive, postgraduate diploma in information technology management (PGDITM), and postgraduate certificate in management (PGCM). These courses are approved by the All India Council for Technical Education (AICTE) in open and distance learning (ODL) mode.

AIMA has been a pioneer of distance education, offering internet-based remote proctored tests on a national level and shifting its service offerings online. With this experience, it can offer management programmes in physical, virtual, and hybrid modes as required. In 2024 and beyond, AIMA plans to introduce a sustainability MBA, aiming to set an example for most B-schools to introduce this aspect in the classroom. Sustainability is not just about Business Responsibility and Sustainability Reporting (BRSR), but also about sustainability and geopolitics, which are two most relevant skills today.

The current academic year’s summer placements at B-schools are dismal, with some top IIMs unable to place all their students in the designated placement week due to the tough job market. However, AIMA believes that MBAs are highly valued and that management students need to become more entrepreneurial in nature and create jobs instead of looking for jobs.

AIMA also offers industry-based skills-oriented certificate courses of 3-6 months’ duration in areas such as digital marketing, business analytics, public procurement, contractual dispute resolution, public-private partnership, digital business management, sustainability management, financial valuation & modeling, digital innovation & transformation for enterprises, business consultancy, retail management, corporate social responsibility, cybersecurity & data privacy, AI & ML for business, design thinking for business innovation, waste management & social entrepreneurship, and social enterprise management. These courses are offered by lead faculty resources from industry and academia in the online live mode.

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Source: financial express

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