Latest news with #IIM-Mumbai
Time of India
a day ago
- Business
- Time of India
IIM-Mum proposes satellite campus with UG & PhD courses
Mumbai: The premier IIM-Mumbai has sent a proposal to the state govt on setting up a satellite campus in or around Mumbai. The proposal, which emphasises on world-class educational infrastructure for finance and technology, was made as part of the Viksit Maharashtra 2047 initiative for which govt had sought recommendations from academicians in state institutions as well as from central institutions in state, such as IIT, IIM and NIT. The proposal, sent by IIM-Mumbai director Manoj Tiwari, said the satellite campus can offer undergraduate, postgraduate and PhD courses in economics, accounting and finance, technology and data science, with law and regulation, where each discipline can have a synergetic relationship with one or more. The campus can collaborate with other leading institutions and financial organisations in the country and abroad, it added. The proposal listed BS and MS courses, adding that offering UG, PG and PhD courses will allow the institute to participate in global academic rankings and research networks. In line with NEP 2020, the document emphasised the need for flexible, multidisciplinary education and strong research ecosystems. The proposal said a world-class institute with the IIM tag could draw top-tier academics, regulators, investors and entrepreneurs. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like No annual fees for life UnionBank Credit Card Apply Now Pointing out that the city is home to regulatory bodies such as RBI, Sebi, BSE and NSE, and serves as the headquarters of major public and private sector banks, and mutual funds and insurance companies, it said establishing a world-class institution in finance and technology in Mumbai would anchor the country's leadership globally in digital finance, besides bridging the talent-policy-research gap. You Can Also Check: Mumbai AQI | Weather in Mumbai | Bank Holidays in Mumbai | Public Holidays in Mumbai Calling the proposal unique, Tiwari said it aims to change the landscape of technology-driven management education in the domain of finance and economics. "This will also give an opportunity to govt to build an institute to offer courses in emerging fields of fintech. Additionally, with proximity to national regulatory bodies, training manpower will be seamless. The institute will help create futuristic manpower in technology advances and meet the growing requirement of the country," he said. The document also suggested a tentative budget for the project. On the Viksit Maharashtra 2047 vision document, Shailendra Deolankar, director, higher education, said the higher education sector is very comprehensive and dynamic and input should, therefore, not be confined to a few state experts. "The department is, therefore, seeking recommendations from state institutions, central institutions, all stakeholders, parents and even the public."
Time of India
02-07-2025
- Business
- Time of India
Sorry techies, in a few years plumbers, electricians will have ‘more pricing power' in market in AI era, IIM alumnus's shocking prediction
In a world where degrees often decide respect and salary, one IIM-Mumbai graduate is shaking the table. Lokesh Ahuja recently took to LinkedIn with a bold prediction that's making India's white-collar workforce pause: in the near future, plumbers, electricians, and carpenters may be more valuable than coders and product managers. Why? While AI is rapidly replacing knowledge workers, hands-on skills are still irreplaceable. Reflecting on how society celebrates IIM grads making crores but ridicules creators doing the same, Ahuja highlighted the real driver of wealth: supply and demand. "There are over 2 lakh IIM grads in India, but fewer than 10,000 creators with over a million followers,' he wrote. Those few creators who make it big aren't just influencers—they're CEOs of their own attention engines. But this wasn't just a post about the creator economy. Ahuja's real warning lies in what comes next: the quiet yet inevitable rise of skilled manual labour in the age of AI. As automation sweeps across industries, traditionally 'safe' jobs like analysts, writers, and even coders are becoming vulnerable. With supply surging, value drops. Meanwhile, plumbers and electricians—jobs that can't be automated (yet)—might soon have more pricing power than your average MBA. 'The hard truth is: it's not about what you studied. It's about whether the market still needs it,' Ahuja concluded. Ahuja further added in the comment that this shift in value isn't new—it's just the next wave. 'Not the first time we've seen this kind of shift,' he wrote. 'In the 90s, coders out-earned bankers. In the 2000s, startup founders with no degrees leapfrogged CXOs. Now, it's creators and researchers.' According to him, every few decades, the job market resets, moving away from rigid, linear career paths to reward impact over pedigree. 'The rules change,' he added.
