1st Batch of MBA in Technopreneurship program kick-starts at Great Lakes, Chennai
Posted on: 04/Sep/2017 10:24:40 AM
The First batch of MBA in Technopreneurship Class of 2018 by Stuart School of Business, IIT Chicago in collaboration with Great Lakes Institute of Management, Chennai commenced at the Great Lakes – ECR campus. Mr. Lakshmi Narayanan, Former Vice -Chairman – Cognizant inaugurated the program in the presence of Dr. Bala V Balachandran, Founder, Dean & Chairman, Great Lakes Institute of Management, Dr. VaidyJayaraman, Principal &Associate Dean, Great Lakes Institute of Management, Chennai, directors, faculty, students and other members of Great Lakes.
Earlier this year, in February, Great Lakes signed an MoU with Stuart School of Business – Illinois Institute of Technology, Chicago, USA and announced the launch of first of its kind 11 month blended ( a combination of residencies at Chennai, online learning, and a final residency at Chicago)MBA in Technopreneurship Program for mid-career professionals. Today, the first batch of the program consists of students with diverse background and over 5+ years’ experience have commenced this program.
Addressing the gathering, Dr. Bala V Balachandran, Founder, Dean & Chairman, Great Lakes Institute of Management, said, It is a double honor for us today. First, we are delighted to launch the first batch of MBA program in Technopreneurship in collaboration with Illinois Institute of Technology, USA. Second, having Mr. Lakshmi Narayan, a dear friend, well-wisher of Great Lakes, to inaugurate the program. This event also marks Great Lakes, Chennai as the first B School in the country to launch a program in Technopreneurship that will help entrepreneurs and professionals with Tech skills and enable them to succeed in this drastically changing VUCA world and industrial revolution.
The program is different from the regular MBA and offers best of knowledge in design thinking, IoT, disruptive technology, cloud computing etc., and to collaborate with IIT Chicago is an additional advantage, Dr. Bala added.
Inaugurating the event, Mr. Lakshmi Narayanan, Former Chairman, Cognizant, said, “ First of all hearty congratulations to everyone at Great Lakes for taking this initiative and offer a need of the hour course for entrepreneurs. When technology and entrepreneurship combines, it creates more opportunities, new products and services that will benefit the consumers and also create profit for an organization. Technology is not only limited to start-ups. Even larger firms and MNCs like GE are applying tech software to offer various opportunities.
He further advised the students to develop tech skills that are required across all sectors. Be it Medical or Manufacturing, Technology is fast interrupting human life as well as getting critical in all areas of business. Develop skills, there are plenty of opportunities to change business models and produce something new and innovative. The time couldn’t be better than now, Mr. Lakshmi added.
Welcoming the new batch, Dr. VaidyJayaraman, Principal &Associate Dean,Great Lakes Institute of Management, Chennai said,” Today is indeed a momentous occasion. The last 18 months of planning, putting up ideas and signing up an MoU with one of the best institute – IIT Chicago and offer a cutting edge program has been amazing. We are extremely happy to kick-start this program at our Chennai campus. I wish the pioneer batch reap in this entrepreneurial journey and benefit the best from Great Lakes and IIT Chicago.
Course overview & selection criteria:
MBA in Tech is a blended learning program targeted at aspirants who are either aspiring high-tech entrepreneurs who want to start a new business or an ambitious corporate professions who wishes to launch innovative initiatives with a goal to grow the company’s business in a non-linear fashion in the VUCA world. The program is AACSB accredited, and is designed in a way that it can be completed with minimal disruption to the current work life of the participant. The course will be conducted in 3 legs –
- The first leg at Great Lakes Chennai campus – that has commenced today - About 180 - 200 hours of contact classes staggered over 5 months
- The second leg administered online by Illinois Institute of Technology (spread over 5 months) and
- the last leg on-campus at IIT-Chicago for a duration of 6 to 8 weeks at the end of which successful participants will receive an AACSB accredited MBA degree in Technopreneurship
Selection of the candidates were based on the following criteria –
- Graduate with more than 4 years of experience, either as a professional, or in running her / his own enterprise.
- Based on candidate’s professional background and achievements and demonstrated passion for entrepreneurship and technology
- Strong verifiable recommendation from subordinates, peers, and superiors.
- A valid GMAT score is an added advantage, though not mandatory.
About Great Lakes Institute of Management:
Great Lakes was founded in 2004 by Padma Shri Dr. Bala V. Balachandran with a vision of becoming the leading Management Institution in India providing Quality Education at an affordable cost and Human Capital for Emerging Economies. In 2014, Great Lakes was accredited by Association of MBAs (AMBA, UK) for its PGPM and PGXPM programs and became the youngest B-school in India to receive this prestigious international accreditation.
In 2015, Great Lakes received international SAQS accreditation from AMDISSA making it one of the few B-Schools in India to receive two prestigious international accreditations. In 2017, the two year Post Graduate Diploma in Management (PGDM) Program at Great Lakes, Chennai was accredited by National Board of Accreditation (NBA). Led by exceptional academic faculty, steered by an outstanding advisory council and buoyed by the international collaborations, Great Lakes has, within a short span of a little over 10 years emerged as a top-ranked business school. The institute also got re-accredited by AMBA, UK for its full time programs and executives programs.
For the year 2016, Great Lakes has been ranked No.1 for its Analytics program by Analytics India, 5th among private B-Schools in India by Careers 360, 6th among one year MBA by Outlook India and 10th among top ten B-Schools in India by Business India. In 2015, Great Lakes was ranked 7th among India’s top one-year executive MBA/PGP programs by Business Today and 9th under the category top one-year programs in the country by Business World.Great Lakes has 50+ full time faculty and 130+ visiting faculty including over 20 international faculty from top global schools like Yale, Kellogg, Stanford and Harvard. Further collaborations with world’s leading institutions like Georgia State University, University of Houston, University of Bordeaux, Hongkong University of Science & Technology (HKUST), University of Missouri, Kansas, Illinois Institute of Technology, Chicago and HHL-Leipzig Graduate School of Management, Germany etc., have helped Great Lakes in globally benchmarking its programs. Great Lakes has a 27.5 acres LEED Platinum rated green campus in Chennai and a 7.2 acre campus in Delhi-NCR. Great Lakes offers One Year full time MBA for experienced professionals, Two year MBA with focus on Emerging Markets, Part Time Executive MBA Program, and Weekend Executive MBA Program. Great Lakes alumni currently numbering 5500+ work at world renowned organizations both in India and overseas across 30 countries.
For more details :
Contact:
Ramya K.
Public Relations
+91 90033 16821 / ramya.k@greatlakes.edu.in
Here is the event photos.
