This strategic partnership aims to address the increasing demand for effective leadership in the healthcare sector by merging management principles with advanced medical technologies.
The Indian Institute of Management Lucknow (IIM Lucknow) has officially signed a Memorandum of Understanding (MoU) with the Indian Institute of Technology Kanpur (IIT Kanpur) to introduce a joint postgraduate program in Healthcare Management. This strategic partnership aims to address the increasing demand for effective leadership in the healthcare sector by merging management principles with advanced medical technologies.
Signatories and Key Attendees
The MoU was signed by Archana Shukla, Director of IIM Lucknow, and Manindra Agrawal, Director of IIT Kanpur, with senior faculty members from both institutions in attendance. Notable participants from IIM Lucknow included Kshitij Awasthi, Associate Professor of Strategic Management, and Girish Balasubramanian, Assistant Professor of Human Resource Management. IIT Kanpur was represented by Jayandharan G. Rao, Associate Dean of Research & Development, and Sandeep Verma, Head of the Gangwal School of Medical Sciences and Technology.
Commitment to Innovative Solutions
During the signing ceremony, Archana Shukla expressed her enthusiasm about the collaboration, stating, "We are thrilled to partner with IIT Kanpur to bring forth a program that combines the strengths of management and technology in addressing the complex challenges of the healthcare sector. We believe this joint program will foster innovative solutions that can significantly improve healthcare management in India and globally."
Target Audience and Program Design
The Postgraduate Program in Healthcare Management is tailored for professionals from diverse backgrounds, including healthcare workers and doctors in public hospitals. The curriculum will integrate expertise in medical technology with business administration, empowering participants to lead advancements in healthcare delivery and innovation.
Advancing Healthcare Education
Manindra Agrawal emphasized the significance of the partnership, saying, “The collaboration with IIM Lucknow signifies an important step in our mission at IIT Kanpur to reshape the future of healthcare education. This joint degree program is a key component of our Gangwal School of Medical Sciences and Technology initiative, aimed at enhancing the integration of medical technology and innovation into our curriculum. By leveraging the strengths of both institutions, we are positioning our graduates to address the pressing challenges of healthcare with a holistic and forward-looking approach.”
Focus on Digital Health and Global Collaboration
Q: Does IIM Lucknow students choose to be a Unicorn Startup owner or Entrepreneur?
Yes, the institute has a list of alumni who are successfully running their own Unicorn startups and have raised the entrepreneurship standard with their creative ideas. To name a few, take a look at the below success stories:
1. Bombay Shaving Company: A premium personal care and grooming solutions brand was founded by Shantanu Deshpande, who passed out from IIM Lucknow in 2011. Shantanu has pursued an MBA in Strategy from IIM Lucknow. After completing his education he worked for 4 years at McKinsey & Company and after that, he ventured into the world of entrepreneurship.
2. Flutrr: It is an inclusive multilingual online dating app which provides a delightful dating experience in one’s language. A new generation of matching algorithms from ancient Indian and Vedic sciences of Astrology and Numerology are followed at Flutrr. The company was founded by Kaushik Banerjee who is designated as co-founder and CEO. Kaushik has pursued MBA in Marketing Operations from IIM Lucknow and has passed out on 1992.
Multiple IIM Lucknow alumni have set the stage for the upcoming students to start their own ventures and bring the best to the table.
Q: How is IIM Lucknow for an executive Management course?
Indian Institute of Management, Lucknow offers executive MBA or PGPWE courses for a duration of two years. PGPWE is a uniquely designed course for working executives, entrepreneurs and professionals, who wish to enhance their managerial knowledge and skills through formal management education while continuing to work. Students get to work on live projects and connect with leaders around the globe. Admission to these programmes is entrance-based. Read more about IIML Executive PGP, here.
Q: Is IIM Lucknow good for MBA/PGDM?
Based on the reviews and feedback from students and alumni, here's what stands out:
Placement Record: 100% placement record, with top companies like McKinsey, BCG, Amazon, and Google offering roles.
Salary Packages: the highest salary package offered: INR58 LPA, Average salary package: INR23 LPA, the lowest salary package: INR10 LPA.
Facilities and Infrastructure: Good infrastructure, modern classrooms, well-maintained hostels, and a range of sports facilities.
Faculty: Highly qualified and experienced professors, with many holding PhDs from renowned universities.
Curriculum: Relevant and practical curriculum, with a strong focus on case studies and industry exposure.
Student Life: Active campus life, with opportunities for extracurricular activities, sports, and cultural events.
Scholarship Opportunities: Need-based scholarships available for economically weaker students.
International Exposure: Opportunities for international exchanges and internships.
Overall, IIM Lucknow appears to offer a well-rounded MBA/PGDM experience, with strong emphasis on placement outcomes, faculty expertise, and infrastructural facilities. However, individual experiences may vary depending on personal preferences and goals.
Here are some key points to summarize:
* High Placement Rate: 100% placement record
* Good Salary Packages: Competitive salaries, with the highest package reaching INR58 LPA
* Strong Faculty: Experienced professors with PhDs from renowned universities
* Practical Curriculum: Focus on case studies and industry exposure
* Active Campus Life: Opportunities for extracurricular activities and sports
* Scholarship Options: Need-based scholarships available for eligible students
* International Exposure: Opportunities for international exchanges and internships
The joint program will closely collaborate with IIT Kanpur's Centre of Excellence in Digital Health, working alongside international institutions that play a crucial role in India’s healthcare landscape. The initiative aims to cultivate leaders equipped to tackle evolving challenges in healthcare management while fostering the integration of cutting-edge technology into medical practices.
Impact on Healthcare Education and Research
IIM Lucknow anticipates that this partnership will significantly enhance healthcare management education and research, ultimately helping to develop professionals capable of contributing to a stronger and more innovative healthcare system in India.
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