The two-day conclave, centered around the theme “Building Resilient Businesses through Sustainability.”

Chief Guest

The chief guest for the flagship event of IIM Lucknow was Mr Ansuman Patnaik, Director General, Competition Commission of India.

Both highlighted the increasing importance of integrating sustainability into core business strategies.

Crucial Role

Prof. Ajay Singh, Dean, IIM Lucknow Noida Campus, emphasized the crucial role that sustainability plays in fostering innovation and creating a competitive edge in today’s business environment.

He highlighted how sustainable practices are not just about meeting regulatory requirements or addressing environmental concerns, but are increasingly becoming a key driver of innovation, said Prof Ajay of IIM Lucknow.

He emphasized the critical importance of responsible resource management, highlighting how judicious use of resources is key to ensuring long-term environmental sustainability.

Platform

The conclave offered a dynamic platform for exploring the intersection of sustainability and business resilience, say sources from IIM Lucknow.

It featured thought-provoking discussions and innovative solutions across various pressing topics, including green financing, renewable energy, sustainability measurement and reporting, resilient supply chains, climate change mitigation, net-zero targets, and inclusivity in sustainable practices, say sources from IIM Lucknow.

Keynote Address

During her keynote address, Ms. Shilpy Kochhar, Head of Strategic Partnerships, BIRAC, addressed the audience, highlighting the organization’s pioneering efforts in advancing sustainable biotech solutions.

She emphasized BIRAC’s commitment to fostering innovation in biotechnology, particularly through initiatives like Global Bio India, which serves as a platform to showcase cutting-edge biotech advancements.

Panel Discussion

Sanrakshan 2024 also featured a series of insightful panel discussions with top industry leaders:

· The Future of Renewable Energy in India: Challenges in Integration with the Grid & Energy Storage Solutions

– Mr. Sandeep Chaterjee, Supply Chain & Sustainability Leader, IBM India

– Mr. Manish Dabkara, CEO, Enking International

– Mr. Vikash Kumar, Manager, NTPC

– Mr. Anjan Das. EY GDS (Moderator)

· Measuring & Reporting Sustainability: Standardizing sustainability reporting framework

– Mr. Pramod Pandey, Global ESH Leader, Philips India

– Ms. Sheetal Sharad, Chief Ratings Officer, ICRA, India

– Mr. Gaurish Wagh, M&G Associates

– Mr. Remant Tiwary, Director, Delloitte

– Ms. Richa Ahuja, TBC

· Financing the Sustainable Future, Exploring innovative financing mechanisms

– Mr. Aadil Chittalwala, Peak Ventures

– Mr. Sagar Asapur, Climate Risk Horizon

– Ms. Shilpy Kochar, BIRAC

– Mr. Sanjeet Ghosh, Accenture (Moderator)

· Sustainable Supply chain and Resource Management: Building resilient supply chains

– Dr Pankaj Sharma, Addl Director, PPAC

– Mr. Abhinav Kaushal, Zero Carbon One

– Mr. Baliram Mutagekar, BNY Mellon

– Mr. Gaurav Sahni. Regional Head, A P Moller Maersk

– Mr. Chandra Bhushan Singh, PwC India (Moderator)

· Closing the Loop: Practical applications of circular economy principles

– Mr. Pranay Kumar, Founder and CSO, Green work

– Mr. Priyadarshan, WRI, TBC

– Mr. Aalok Deshmukh, SuperHuman race, TBC

– Ms. Priyanshi Kawdia, Accenture (Moderator)

Conclusion

Sanrakshan 2024 concluded with a keynote address by Mr. D.M.R. Panda, General Manager – Hydrogen/QA/P&S, Renewable Energy at NTPC Limited, say sources from IIM Lucknow.

His talk, titled “India’s Green Growth Engine: Policy and Innovations for a Sustainable Future,” highlighted the importance of innovative policies and renewable energy in driving sustainable development.

These startups, at the forefront of sustainability, showcased groundbreaking technologies and approaches poised to redefine the future of business.

Competitions

The event also hosted a variety of competitions, including BizzQuiz, Samadhaan, Thrive, Harit Vit, and Harit Apoorti, providing platforms for students and entrepreneurs to present innovative sustainability solutions.

In addition to these competitions, the event featured multiple cultural and artistic performances, including a unique presentation titled “Prana Prakriti: Sustainability Spirit Through Art,” which conveyed the essence of sustainability through classical dance.

Also Read – IIM Lucknow researcher publishes great insights

Furthermore, a sustainable fashion show highlighted IIM Lucknow‘s commitment to promoting sustainability across various sectors.

With the country’s growing economy and increasing demand for skilled managers, an MBA degree from a reputable institution in India can open doors to exciting career opportunities.

Study duration

The two-year program typically includes coursework, case studies, projects, and internships, providing students with a comprehensive understanding of business principles and practices.

Many Indian business schools have partnerships with international institutions, providing students with access to global perspectives and best practices.

Studying MBA in India in 2025 also provides a unique cultural experience. With a diverse student body and faculty, students can learn from different perspectives and develop a global mindset.

In terms of career prospects, Studying MBA in India in 2025 can lead to exciting opportunities in various industries, including finance, marketing, human resources, and operations.

Many Indian companies, including multinational corporations, recruit MBA graduates from top Indian business schools.

Eligibility for studying MBA in India in 2025

To be eligible for studying MBA in India in 2025, candidates typically need to meet the following requirements:

Educational Qualifications

1. Bachelor’s Degree: A bachelor’s degree in any discipline from a recognized university.

2. Minimum Marks: A minimum of 50% aggregate marks in the bachelor’s degree (45% for reserved categories).

3. Equivalent Qualifications: Candidates with equivalent qualifications, such as CA, CS, ICWA, etc., may also be eligible.

Entrance Exams

Candidates aiming for studying MBA in India in 2025 must also be prepared to write certain entrance exams.

The initial selection of candidates may be done based on scores in some well-known entrance exams.

List of some of the entrance tests to be prepared in case one wishes to study MBA are below:

1. CAT (Common Admission Test): Conducted by the Indian Institutes of Management (IIMs).

2. MAT (Management Aptitude Test): Conducted by the All India Management Association (AIMA).

3. XAT (Xavier Aptitude Test): Conducted by the Xavier Labour Relations Institute (XLRI).

4. GMAT (Graduate Management Admission Test): Conducted by the Graduate Management Admission Council (GMAC).

5. CMAT (Common Management Admission Test): Conducted by the National Testing Agency (NTA).

Other Requirements

1. Work Experience: Some MBA programs may require or prefer candidates with work experience.

2. Language Proficiency: Candidates may need to demonstrate proficiency in English, as it is the medium of instruction for most MBA programs in India.

3. Age Limit: There is no upper age limit for pursuing an MBA in India.

2. Reservation Policies: Indian institutions have reservation policies for candidates from reserved categories (SC/ST/OBC). Candidates must check the reservation policies for their chosen institution.

What would one study?

There are lot of lessons one would be studying as a part of MBA course. Candidates aiming for studying MBA in India in 2025 can know the courseware below:

Core Courses

– Business Ethics and Governance: Covers the importance of ethics and governance in business decision-making.

– Strategic Management: Focuses on the development of strategic thinking and decision-making skills.

– Marketing Management: Explores the principles of marketing, including market research, segmentation, and brand management.

– Financial Management: Covers financial concepts, including financial statement analysis, budgeting, and capital structure.

– Human Resource Management: Focuses on the management of human resources, including recruitment, training, and development.

– Operations Management: Explores the management of business operations, including supply chain management and quality control.

Specializations

MBA programs in India offer various specializations, including:

– MBA in Marketing Management: Focuses on the development of marketing skills, including market research, brand management, and advertising.

– MBA in Finance: Covers financial concepts, including financial statement analysis, budgeting, and capital structure.

– MBA in Human Resource Management: Focuses on the management of human resources, including recruitment, training, and development.

– MBA in Operations Management: Explores the management of business operations, including supply chain management and quality control.

– MBA in Information Technology: Covers the application of IT in business, including software development, data analytics, and cybersecurity.

– MBA in Logistics Management: Focuses on the management of logistics and supply chain operations.

– MBA in Event Management: Covers the planning, organization, and execution of events.

– MBA in Rural Management: Focuses on the management of rural development projects and programs.

Electives

Electives allow students to explore specific areas of interest and develop specialized skills. Some popular electives include:

– Business Analytics: Covers the use of data analytics in business decision-making.

– Digital Marketing: Explores the use of digital channels in marketing.

– Entrepreneurship: Focuses on the development of entrepreneurial skills and mindset.

– International Business: Covers the principles of international business, including global marketing, finance, and logistics.

The curriculum for MBA programs in India may vary depending on the institution and specialization.

It’s essential to research the specific curriculum and specializations offered by different institutions to find the best fit for your career goals.

Top colleges and fees

What are some of the most popular colleges that are known for offering management courses? The answer is mentioned below, students keen on studying MBA

Government MBA Colleges

– IIM Ahmedabad: Ranked 1st in NIRF 2024, with a total course fee of INR 25 lakh and an average package of INR 34 lakh¹

– IIM Bangalore: Ranked 2nd in NIRF 2024, with a total course fee of INR 24.5 lakh and an average package of INR 30 lakh

– IIM Calcutta: Ranked 5th in NIRF 2024, with a total course fee of INR 27 lakh and an average package of INR 28 lakh

– IIT Delhi: Ranked 4th in NIRF 2024, with a total course fee of INR 11.2 lakh and an average package of INR 18 lakh

– FMS Delhi: With a total course fee of INR 2 lakh and an average package of INR 34 lakh

Top Private MBA Colleges

– XLRI Jamshedpur: Ranked 9th in NIRF 2024, with a total course fee of INR 24.20 lakh and an average package of INR 25 lakh

– MDI Gurgaon: With a total course fee of INR 25 lakh and an average package of INR 20 lakh

– SP Jain Institute of Management and Research: With a total course fee of INR 20 lakh and an average package of INR 25 lakh

– NMIMS School of Business Management: With a total course fee of INR 12 lakh and an average package of INR 18 lakh

– IIM Kozhikode: With a total course fee of INR 20.50 lakh and an average package of INR 20 lakh

– IIM Lucknow: With a total course fee of INR 14.3 lakh and an average package of INR 18 lakh

– IIT Madras: With a total course fee of INR 8.92 lakh and an average package of INR 15 lakh.

Point to remember

The fees shown above to be paid for studying MBA in India in 2025 is generalized in nature, it is provided for the students to have a general idea about the amount to be paid.

The exact amount may vary from one college to another due to various reasons.

Those aiming for studying MBA in India in 2025 can visit the colleges or their websites to know about the exact fee amount

Rewarding experience

Studying MBA in India in 2025 can be a challenging but rewarding experience. With the right mindset and support, students can develop the skills, knowledge, and network needed to succeed in their careers.

Studying MBA in India in 2025 is an excellent choice for students and professionals looking to advance their careers.

With its unique blend of academic rigor and practical experience, Studying MBA in India can provide students with a comprehensive education and exciting career opportunities.

Also Read – Top 20 Management Colleges in India in 2024: 2024 NIRF Ratings