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BW Businessworld

Our Mantra Is Innovation On All Fronts: Shivganesh Bhargava, SJMSOM

He says more and more students of B-school are opting for entrepreneurship as a result of its interaction-oriented learning and research-focused academic environment


IIT Bombay’s Shailesh J Mehta School of Management lays emphasis on innovation and developing all-round management skills. Shivganesh Bhargava, Head, IIT Bombay’s Shailesh J Mehta School of Management says more and more students of B-school are opting for entrepreneurship as a result of its interaction-oriented learning and research-focused academic environment. In an extensive chat with BW Busiessworld’s PRIYA SARAF, he shares his views on the various aspects of management education in the country.

Why should students choose your school?
Research-driven Shailesh J Mehta School of Management, IIT Bombay is a business school that has established its global presence over two decades. Our joint MBA programme for senior leaders (the only degree programme) with the Washington University in Saint Louise, US is testimony to it.

An AIMA vision document says that India should be the second best global hub after the US for B-school education by 2025. Is it doable?
The school is not aware of anything about AIMA and so no comments.

Why do top Indian B-schools not figure in the top global B-school lists?
They have everything that is required to produce business managers/leaders suited for the corporate environment. We may fare poorly on some of the parameters (faculty strength, student intake, online degrees and non-degree programmes) but recent trend shows that Indian B-schools are making entry into global rankings.

How ready are Indian B-schools for Industrial Revolution 4.0?
Any challenge will be addressed through scientific endeavour effectively.

With entry-level jobs shrinking due to AI and automation, what plans do Indian B schools have to place their graduates?
Jobs are always competitive. We have to prepare our students by offering courses and tweaking methodologies to change the mind-set of recruiters to make them realise that their sustainability is dependent on us.

What measures are Indian B-schools taking to create entrepreneurs instead of just job-seekers? What percentage of B-school graduates turn to entrepreneurship at the outset?
Innovation on all fronts is the only mantra that we are applying. We are happy to see an increasing percentage of students (although very small) are choosing entrepreneurship as a career. We, along with our students, have been already emphasising on intrapreneurship.

Why do top Indian B-schools restrict the class size to 60 or 120 when the global average is much larger? Also, why should India allow sub-par B-schools to exist?
We should have MBA class sizes where everyone gets adequate attention of the instructor and there is scope to contribute in case discussion. We are still of the opinion that even a class size of 60 is on the higher side (started with 30-plus) but constraints of faculty and other issues force us to accept higher number of students.

Who do Indian B-school faculty members not publish as frequently as their international peers?
They are publishing but their challenges could be also be different from the international peers.

Why do Indian B-schools not tailor their curriculum to meet local needs? Why is there always a ‘one size fits all’ approach?
There is need to cross-verify it. They do take care, broadly.

What more should Indian B-schools do to create leaders, and not just followers?
Faculty-students-interaction-oriented learning and research-focused academic environment will produce leaders from B-schools.

The IIM Bill, deemed university status and so on — what additional institutional support do B-schools need to create a robust framework?

No comments, as I have not seen the Bill.

How different are women B-school graduates from their male counterparts, as their numbers remain abysmally low?

They are as competitive and productive as their male counterparts.

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