MoU (Memorandum of Understanding) was finalized by Prof. Archana Shukla, Director-in-charge, IIM Lucknow and Mr. Krishan Mishra, Chief Executive Officer, FPSB India.

Director-in-charge of IIM Lucknow

Prof. Archana Shukla, Director-in-charge, IIM Lucknow, highlighted the institution’s dedication to academic excellence and meaningful collaboration during the MoU signing event.

The complex financial problems we face demand modern, calculated solutions, said director-in-charge of IIM Lucknow.

This partnership with FPSB India reflects our commitment to innovation, industry-relevant education, and collaboration for the benefit of students and the industry, she said.

‘As we work towards a ‘Viksit Bharat,’ it’s crucial that our Finance and Accounting curriculum remains dynamic and relevant, preparing our students to effectively address evolving financial challenges.’

Program

The partnership will introduce a certification program in Financial Planning, launching in the academic session 2024-25, and will be available to both students and working professionals.

Ø Introduction of Certification Program in Financial Planning: Launch of a comprehensive certification program tailored for aspiring students and professionals, blending academic rigor with practical skills.

Ø Enhanced Financial Planning Education: Joint effort to elevate the standards of financial planning education in India, ensuring students receive industry-relevant knowledge and training.

Ø Professional Certification Integration: Amalgamation of IIM Lucknow’s academic excellence with FPSB India’s certification process, offering a pathway to obtaining the globally recognized CFP® certification.

Ø Skilled Workforce Development: Addressing the industry gap by preparing a new generation of financial planners equipped with the skills to offer holistic financial services.

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Ø Global Career Opportunities: Empowering individuals to pursue rewarding careers not just in India, but globally, while upholding the highest standards of professionalism and integrity.

Collaboration

Mr. Krishan Mishra, CEO, FPSB India, expressed his enthusiasm regarding the collaboration. We are excited to partner with IIM Lucknow to advance financial planning education.

This collaboration with IIM Lucknow reflects their commitment to excellence and the need for modern solutions in a 51-year-old profession.

FPSB, active in 28 territories including India, not only certifies professionals but also sets industry standards, he said.

He further said students can start financial planning with their first salary and ensure they seek advice from credible sources.

This partnership aims to bridge the skills gap and equip financial planners to offer comprehensive services, he said.

Combining

This initiative combines academic excellence with professional certification, aiming to bridge the gap between theoretical knowledge and practical skills in financial planning.

The new program is set to cultivate a skilled workforce capable of meeting the sector’s evolving needs, say sources from IIM Lucknow.

Need to introduce

Prof. Vikas Srivastava. Dean (Programmes), IIM Lucknow spoke about the need to introduce this program.

‘As we navigate through an ever-evolving financial environment, equipping our students with the skills and knowledge to excel in financial planning is imperative.’

IIM Lucknow’s partnership with FPSB India is a step towards fulfilling this crucial need and fostering a generation of adept financial planners, he said.

By combining rigorous academic training with professional certification, the program will prepare a new generation of financial planners with the essential skills to address the sector’s evolving needs.

This effort is expected to drive growth and enhance the prosperity of both the industry and the broader economy.

NIRF 2024 rankings were released in August for 2024, various colleges have taken part in it and have won rankings.

This top 7 IITs For Management Courses in 2024 is about IITs that have been rated in ‘management’ category for providing courses in the stream of management.

However, many of the IITs also offer courses related to management, and this top 7 IITs for management courses in 2024 is about IITs that are providing courses related to management stream and have achieved popularity.

Details about top 7 IITs for management studies in 2024 are provided in tabular format.

Candidates wishing to know more about these top 7 IITs for management courses in 2024 can visit the respective official websites of the institutions.

Details about top 7 IITs for management courses in 2024 are available in the tabular format below:

More details about top 7 IITs for management courses in 2024 as per NIRF 2024 ranking are mentioned below for the sake of students:

1. IIT Delhi

The national capital of India has no dearth of high worth institutions for technical education. IIT Delhi is one of the organisations that needs no introduction owing to its high quality services.

Indian Institute of Technology Delhi is one of the 23 IITs created to be Centres of Excellence for training, research and development in science, engineering and technology in India.

Established as College of Engineering in 1961, the Institute was later declared as an Institution of National Importance under the “Institutes of Technology (Amendment) Act, 1963” and was renamed as “Indian Institute of Technology Delhi”.

It was then accorded the status of a Deemed University with powers to decide its own academic policy, to conduct its own examinations, and to award its own degrees.

The students of this great institute have proved their mettle across the globe. These alumni today work as scientists, technologists, business managers and entrepreneurs.

There are several alumni who have moved away from their original disciplines and have taken to administrative services, active politics or are with NGOs.

In doing so, they have contributed significantly to building of this nation, and to industrialization around the world. This is one among the top 7 IITs For Management courses in 2024 as per NIRF 2024 rankings.

2. IIT Bombay

Established in 1958, the second of its kind, IIT Bombay was the first to be set up with foreign assistance. The funds from UNESCO came as Roubles from the then Soviet Union.

In 1961 Parliament decreed the IITs as ‘Institutes of National Importance’. Since then, IIT Bombay has grown from strength to strength to emerge as one of the top technical universities in the world.

The institute is recognised worldwide as a leader in the field of engineering education and research. Reputed for the outstanding caliber of students graduating from its undergraduate and postgraduate programmes, the institute attracts the best students from the country for its bachelor’s, master’s and doctoral programmes.

Research and academic programmes at IIT Bombay are driven by an outstanding faculty, many of whom are reputed for their research contributions internationally. This is one among the top 7 IITs For Management courses in 2024 as per NIRF 2024 rankings.

3. IIT Madras

This institution has been ranking on the top for the sixth time. It strongly believes that talent and good ideas can come from anywhere and has a remarkably diverse community, drawing students from across all Indian states and from various countries.

Intensely curious and driven to explore, the student community of IIT Madras value rigorous analytical thinking, ingenuity, hands-on problem solving, and big new ideas.

The departments and centers of the Institute are responsible for the academic activities which include Teaching, Research and Industrial Consultancy.

The courses of study are organized as semester programs and each semester provides for a minimum of seventy instructional days. The medium of instruction is English.

Students are evaluated on a continuous basis throughout the semester. Evaluation is done by the faculty, a consequence of the autonomous status granted to the Institute.

This is one among the top 7 IITs For Management Courses in 2024 as per NIRF 2024 rankings.

4. IIT Roorkee

This is among those institutions that has reached great heights in the field of higher education. Excellence has become a norm here long ago.

The vision of this institution is to attain global level of excellence in education and to create a sustainable and equitable society through innovative research in science and technology.

It aspires to create an environment that shall foster the growth of intellectually capable, innovative and entrepreneurial professionals, who shall contribute to the growth of Science and Technology in partnership with industry and develop and harness it for the welfare of the nation and mankind.

This is one among the top 7 IITs For Management Courses in 2024 as per NIRF 2024 rankings.

The Institute aligns all its activities to serve national interest and seeks to provide broad-based education, helping students hone their professional skills and acquire the best-in-class capabilities in their respective disciplines.

Institution aspires to be a centre of excellence in education and research, producing global leaders in science, technology and management and to be a hub of knowledge creation that prioritises the frontier areas of national and global importance.

This is one among the top 7 IITs For Management Courses in 2024 as per NIRF 2024 rankings.

6. IIT Kanpur

Indian Institute of Technology Kanpur was established in 1959 and is one of the premier institutions established by the Government of India. The aim of the institute is to provide meaningful education, to conduct original research of the highest standard and to provide leadership in technological innovation.

This organisation has a vision to create, disseminate and translate knowledge in science, engineering and allied disciplines that will best serve the society.

The institution is spread over an area of 1055 acres and has 108 buildings on its premises. This is one among the top 7 IITs For Management Courses in 2024 as per NIRF 2024 rankings.

7. IIT ISM Dhanbad

This institution is also known as IIT Indian School of Mines and is situated in Dhanbad. The other name for this institution is IIT Dhanbad.

This is also among the institutions that doesn’t require any introduction. The popularity of this organisation has spread to all corners of the country.

The achievements of IIT ISM have brought all the glory upon it. The institute is steadily sailing through the millennium change and has emerged into one of the most prominent institution- Indian Institute of Technology IIT(ISM) with full bloom functioning of 18 branches of Engineering, Applied Sciences, Management Studies and Humanities.

IIT (ISM) has had centenary long credentials of outperforming achievements in academia and the industry. The faculty here is highly experienced and the atmosphere is very ideal for studies.

This is one among the top 7 IITs For Management Courses in 2024 as per NIRF 2024 rankings.

They may require the applicants to undergo a tough entrance system, which comprises written test, group discussion and personal interviews.

Those willing to gain an entry into these top 7 IITs for management courses in 2024 have to be prepared for crack the tough entrance process.

While IIMs (Indian Institutes of Management or Indian Institute of Management) are usually known for management education, the academic courses in management offered by IITs are also no less popular.

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Working hard with determination to gain entry into these top 7 IITs for Management courses in 2024 is worth it, a study in these top 7 IITs for Management Studies in 2024 is known to open the gates for a bright future.