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Reflecting a change in the landscape of global business trends, an increasing number of students of Indian Institute of Management Ahmedabad (IIM-A) are sensing more business opportunities in the East than the West.
When a list of destinations including universities in US, Europe and Asia was given to the students of the postgraduate programme in management for Executives (PGPX) at IIM-A this year, more than 60% of them opted for destinations in Asia. A total number of 63 out of 101 students of the one-year executive MBA programme opted to visit universities in China, Hong Kong and Singapore to learn management practices there and seek possible business relations. International Immersion at PGPX is a two week programme where all students compulsorily go abroad for two weeks of academic study in other countries. The objective is to expose students to work practices in a different environment and make them understand macro-economic underpinnings, strengths and weaknesses of the host country from a business perspective. Armed with 11 years of work experience a student of PGPX Sumit Garg is considering setting up his own enterprise. Garg has opted to visit Fudan University in Shanghai. I want to learn about the way China is shaping its economy and making its way strongly into the international market. This lesson will be applied to achieve entrepreneurial growth in India, said Garg. Apart from learning lessons, the students will also explore opportunities for future business relations with the eastern countries. While destinations like Ohio in the West did not gain any students attention, high student demands propelled the inclusion of destinations in the East to the set of options.
Courtesy: Times of India
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