IIM Bangalore is launching a new programme aimed at young leaders with three to five years’ experience — the General Management Programme for Young Leaders (YLP). It will also benefit first generation entrepreneurs who have no managerial experience.
It aims to impart management learning at an early stage of participants’ careers through a set of carefully selected Massive Open Online Courses (MOOCs) as well as regular classroom interactions.
Today, when young professionals take up bigger roles or work for start-ups and Small and Medium-sized Enterprises (SMEs), they need to go beyond their technical knowledge, and in such cases, decision-making becomes a challenge for them.
This programme will speed up their learning curve, so they can take informed decisions with confidence. “IIM-B, with its close association and interaction with industries over the last four decades, seeks to address this challenge by offering the unique programme for today’s young leaders. It provides a strong foundation in management and creates confidence in handling tough problems,” said programme director and faculty from the finance and accounting area Professor MS Narasimhan.
The programme will be offered through blended format leveraging technology. In addition to classroom sessions, the programme will use online courses developed by IIM-B faculty. The basic content will be delivered through MOOCs, while classroom engagement will be used for case discussions, management games and role plays.
During online course weeks, there will be a close follow-up with the participants to ensure that learning is uniform throughout the programme. Multiple assessments, including quality of discussion in the discussion forum, will be undertaken to ensure high quality of learning.
Ten core management courses, divided into two modules, have been identified which provide a holistic view and a strong foundation. .
1. Foundations for Management: Business and Economics, Organisation Design for Creating Competitive Advantage, Business Communication, Business Statistics and Analytics, Accounting for Decision Making.
2. Functional Management: Operations Management, Marketing Management, Corporate Finance, People Management, Strategic Management
The courses will be taught online, and at least one-day lecture will be provided per course during the campus module by the institute’s faculty. MOOCs will be completed by participants on the IIMBx platform.
YLP aims to understand the impact of macro-economic changes on businesses; provide analytical and communication skills to young managers; provide acumen to gain a strong working knowledge in managing different functions like production, marketing, finance and human relations; provide confidence in managing accounting and financial matters, and guide the participants to read the competitive landscape and build strategies.
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