First Convocation at IWSB, Greater Noida

The Indus World School of Business (IWSB) achieved a major milestone on Saturday, March 27 as it awarded diplomas to its first batch of 40 students who successfully completed the Post-Graduate Programme in Management 2008-2010. To mark this occasion, the First Annual Convocation was organized at the Institute's plush new Campus at 15-A, Knowledge Park II, Greater Noida. Sunil Kant Munjal, Chairman, Hero Corporate Service Ltd and Member of the Hero Honda Board was the Chief Guest and graced the occasion by delivering the first Convocation Address. Chairman Board of Governors Satya Narayanan R led the Convocation procession. Chairman of the IWSB Academic Council, Professor Ishwar Dayal, one of the pioneers of management education in India talked about the key assumption underlining academic programmed of IWSB. He gave details about the planning approach adopted by listing on a blackboard as to what body of knowledge skills and capabilities in business management areas would a person need to handle a managerial job keeping the future in perspective. He also enumerated five key areas of IWSB Post Graduate Management Programme, which includes thrust on research, developing entrepreneurial ambitions through mentorship, Spirit of enquiry, encouraging critique, inventiveness and interdependence.

To foster the spirit of encouraging entrepreneurship, IWSB has undertaken various initiatives. The Institute has a Business Incubation Centre with a seed fund of US$ 1 million. A nation-wide business plan contest 'Srijan' has already been conducted twice to identify business ideas that are currently being incubated at IWSB. Addressing the students, parents, faculty and the press Director IWSB talked about how trust of 40 young and bright future leaders gave IWSB infinite courage to tread a path that was not going to be an easy one. He further elaborated on beliefs shared at IWSB, like belief in evolving organically and which is not possible without experimentation and research as well as integrity of approach to looking at organizational issues. Additionally, the Rural Immersion Program is an integral part of the PGP at IWSB. It provides an exposure to the rural environment with an aim to sensitize students about the challenges faced by local people in leading their lives, their developmental issues, their culture, system, institutions, and local governance.

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