The Udbhavanam event at IIM Sambalpur signifies a pivotal step towards enhancing product management education and practices in India. By fostering collaboration between academia and industry, IIM Sambalpur is not only preparing future leaders but also shaping the landscape of product management to meet the demands of a rapidly changing world.
Indian Institute of Management (IIM) Sambalpur has launched the inaugural edition of Udbhavanam, an innovative event dedicated to the future of product management. This event marks a significant milestone as IIM Sambalpur becomes the first institution in India to establish a university chapter of the International Software Product Management Association (ISPMA).
Addressing the Demand for Product Management Expertise
The increasing significance of decision-making and design within software methodologies has driven the need for expertise in product management. A recent report from McKinsey & Company highlights this trend, prompting IIM Sambalpur to initiate the Udbhavanam event, which has led to the establishment of a Center of Excellence in collaboration with ISPMA. The theme of the event, “Future-Ready Products: Mastering Innovation in Product Management,” aims to foster discussions among experts, academicians, and industry leaders regarding rapid transformations in the field, driven by technological advancements and evolving consumer demands.
Director's Vision for Product Management
Professor Mahadeo Jaiswal, Director of IIM Sambalpur, emphasized the importance of India emerging as a hub for product management. He stated, “India is set to become the epicenter of product management, fostering innovation and entrepreneurship through platform-based models and cutting-edge technologies like AI.” He reiterated the institution’s commitment to transforming education and business ecosystems, addressing both local and global challenges while nurturing responsible leaders with entrepreneurial mindsets.
Keynote Insights from Global Leaders
The event featured prominent speakers, including Professor Hans-Bernd Kittlaus, Global Chair of ISPMA, who addressed the differences between platforms and products from a product manager's perspective. He remarked, “Platforms have evolved to become the core foundation for value creation across industries, and understanding how to leverage these platforms is critical for product managers.”
Transformative Power of AI
Sapna Grover, Partner Director and Product Manager at Microsoft, delivered a keynote on “Product Management in the Age of AI.” She shared her journey from DRDO to various startups, emphasizing AI's transformative potential across sectors. “AI is creating real value, and every company is integrating it into their products,” she noted, underlining the importance of responsible AI integration to drive innovation.
Workshops and Panel Discussions
Q: How is the student life at IIM Sambalpur?
College life at IIM Sambalpur is a mix of extracurricular activities, academics, and personal growth. Life is hectic but never mundane. The academic curriculum is rigorous, but the faculty is helpful and supportive. Students have access to various resources, such as library, computer labs, etc. Students at IIM Sambalpur run a number of student committees and clubs. These clubs and communities provide students with an opportunity to pursue their interests and develop their skills. IIM Sambalpur helps students grow personally as well as professionally.
Q: Is IIM Sambalpur good for MBA?
IIM Sambalpur is on 58th position in the list of top 100 Management institutes in India, according to NIRF Ranking. The institute offers a two year residential MBA course admission to which is done through CAT, followed by a personal interview and the final merit list is prepared on the basis of the performance of the candidate in academics, CAT, Personal Interview and work experience, if any.
Aspirants check below infographic for students reviews on IIM Sambalpur:
Q: Is IIM Sambalpur good for MBA/PGDM?
Infrastructure: IIM Sambalpur has a temporary campus within Sambalpur University. Despite being a temporary setup, the campus has good infrastructure, with well-furnished classrooms, air-conditioning, and high-speed Wi-Fi. The hostels have comfortable rooms with shared facilities, while the library has a limited book collection but a good digital database.
Placements: IIM Sambalpur has a 100% placement record, with a strong recruitment network. The average salary package for the 2017 batch was INR10.55 lakhs, with the highest package reaching INR60.78 lakhs. Recruiters from across industries, including Accenture Strategy, Deloitte, HDFC, Infosys, and others, have visited the campus.
Faculty: The institute has experienced faculty members, with many hailing from IIM Indore, IIM Calcutta, MDI Gurgaon, and other prestigious institutions. The faculty is known for their teaching skills and industry connections.
Curriculum: The PGDM programme is designed to be industry-ready, with a focus on case studies and interactive sessions. Electives are available in various fields, allowing students to specialize according to their interests.
Student life: The campus has a range of recreational facilities, including a gym, auditorium, and games rooms. The university's nearby grounds are available for outdoor activities. The student body actively participates in cultural festivals, including Ethos and Marmagya.
Pros:
* Strong placement record
* Experienced faculty
* Industry-focused curriculum
* Good infrastructure
* Active student life
Cons:
* Temporary campus setup
* Limited resources (library)
* Competition for placements may be high due to the reputation of IIM Sambalpur.
Overall, IIM Sambalpur appears to be a good choice for pursuing an MBA/PGDM degree, considering its strong placement track record, experienced faculty, and industry-focused curriculum. While there may be limitations with regards to infrastructure and resources, the institute's commitment to creating a conducive learning environment and fostering a sense of community among students seems promising.
The event also featured a workshop by Professor S. Sadagopan, Chairman of the ISPMA India Chapter, titled “SPM Essentials for Startups: From Vision to Execution.” He stressed that software is foundational to our future and that IIM Sambalpur's establishment of a student chapter of ISPMA places it on par with esteemed institutions globally.
Bridging Real and Virtual Integration
The panel discussion, “Bridging Real and Virtual: Strategies for Seamless Digital Integration,” brought together industry leaders such as Rahul Singh Babu, Senior Director at HighRadius, and Ankita Parihar, Entrepreneur at Utpan. The discussion centered on effective strategies for integrating digital solutions into traditional frameworks.
Evolving Roles of CIOs
The event concluded with a session titled “Perspective: Taskmaster to Trailblazer,” moderated by Abhijeet Bendigiri, Director of Product Management at Oracle. Panelists discussed the evolving role of Chief Information Officers (CIOs) as they transition from task-oriented managers to leaders who facilitate technological change and foster innovation in products.
The Udbhavanam event at IIM Sambalpur signifies a pivotal step towards enhancing product management education and practices in India. By fostering collaboration between academia and industry, IIM Sambalpur is not only preparing future leaders but also shaping the landscape of product management to meet the demands of a rapidly changing world.
Read More:
Follow Shiksha.com for latest education news in detail on Exam Results, Dates, Admit Cards, & Schedules, Colleges & Universities news related to Admissions & Courses, Board exams, Scholarships, Careers, Education Events, New education policies & Regulations.
To get in touch with Shiksha news team, please write to us at news@shiksha.com
"Writing is not about accurate grammar, it's about the honest thoughts you put in it". Having a versatile writing style, Anum loves to express her views and opinion on different topics such as education, entertainme... Read Full Bio
Related News
Latest News
Next Story