IIM-Sambalpur unveils course on ‘experiential innovation’
The aim of this new course is to make students learn from practical experience instead of books. IIM-Sambalpur is going to increase its batch size from the current numbers of 120 to 180.
The Indian Institute of Management (IIM) Sambalpur has launched a nine-month course on ‘experiential innovation’ for the students of first-year. The aim of this new course introduced by this third-generation IIM is to make students learn from practical experience instead of books.
“We do not have the infrastructure or an alumni-base that is as big as the older IIMs. However, we can create a new structure and that is what we are working on,” said Mahadeo Jaiswal, Director, IIM-Sambalpur.
The students will be taught design thinking in the initial three months of the course. After this, they will have to take an assignment emphasising on the problems affecting local people in healthcare and education. Whatever students would have learnt, they have to apply and see the impact.
“For managerial education, experiential learning is important. End of the day, whatever organisation one is working in, the two things that one is required to do is either create a business or solve a problem. This course will help them in achieving these two things,” Jaiswal added.
At present, the organisation is operating from an impermanent place in the Sambalpur University. “It will take two years to complete the construction of the permanent campus and the July 2022 session will start from there,” said Jaiswal.
Moreover, IIM-Sambalpur is going to increase its batch size from the current numbers of 120 to 180. From the batch of 2020 onwards, the seats will be added.