13 Feb 2019 15:55 IST

SPJIMR wins ‘MBA Innovation Award’

Around 200 B-school leaders representing 46 business schools attended the awards ceremony in London.

The newest programme of the Bharatiya Vidya Bhavan's SPJIMR, the Post Graduate Management Programme for Women (PGMPW), won the 'MBA Innovation Award' at the 2019 edition of the Association of MBAs (AMBA) Excellence Awards.

The PGMPW is a 11-month course designed in partnership with industry leaders. It is the only programme tailored to the needs of women, who seek to return to work after a career break. The programme prepares and positions mid-career women professionals and at the same time helps industry hire top talent and build a more gender diverse workplace. The PGMPW which is into its second year at SPJIMR, is regarded as one of the notable innovations of the institute.

AMBA said, “The prestigious award is a celebration of innovation and radical thinking in MBA delivery across all areas of the business school. It has been developed to recognise and reward brilliant new practices and promotes the value of risk-taking in pursuit of the new.”

Around 200 B-school leaders representing 46 business schools across the world attended the glittering awards ceremony held earlier this month in London, the headquarters of AMBA.

SPJIMR’s PGMPW Chairperson and Professor of Marketing Ashita Aggarwal said, “SPJIMR positions itself as an institute that is known for two key attributes — courage and heart. Both of these words are at the heart of the PGMPW, and its unique positioning and purpose. The programme stands testimony to the fact that business decisions can be very courageous and can be taken from the heart. It takes a lot of perseverance for our participants to do a one-year, rigorous, fully-residential programme, leaving their kids and families back home.”

Among the first graduating cohort, 90 per cent of PGMPW students were placed with reputed organisations in roles higher than their most-recent positions. The candidates achieved an average salary increase of more than 50 per cent.

SPJIMR Dean Ranjan Banerjee said, “The PGMPW is the beginning of a larger effort to support the cause of bringing talented women back to the workforce.”