Srinagar, Jun 7: Chairman and CEO JK Bank Parvez Ahmed presided over the valedictory session of SMVDU International Conference on the Management Education as Chief Guest at Katra today which was attended by Prof. Raj Kumar, Vice-Chancellor, Punjab University, Guest of Honor, Prof. (Dr.) D. Mukhopadahyay, Vice-Chancellor, SMVDU, Dr. Mario B. Curotolo, CEO, MBC Business Management Consultants, Switzerland, Prof. Gurcharan Singh, Head, SMS, Punjabi University, Patiala Prof. R.K. Mishra, Director, IPE, Hyderabad Dr. Saurabh, Head, School of Business, SMVDU, Dr.Suparn K Sharma, Convener, senior officials of the Bank, eminent delegates from India and abroad and faculty members of SMVDU.
Paying glorious tributes to the founders of Shrine Board and SMVDU, the Chairman JK Bank in his presidential address said,” The kind of infrastructure and contribution that one idea of creation of Shrine board and allied infrastructure has made in the Ecosystem of this place is huge by any standards and we need to compliment the vision of the founders of the Shrine Board”.
Parvez Ahmed complimented the SMVDU for setting of first incubator for Start Ups in the state and requested to popularize the success stories so that it percolates in the society. While assuring full support to the premier university for promoting the start up culture and quality management education in the J&K state , the Chairman appreciated the introduction of innovative courses like Data Analytics in the curriculum of Management education in SMVDU.
Sharing his thoughts on the Management education and the expectations of the Industry Parvez Ahmed laid emphasis on creating a new model which is scalable across geographies as we are still following the assembly line model of Management education which was created for the manufacturing economies. He added that the change is happening at an exponential scale, we need people with ability to deal with change, to learn new things and to preserve their mental balance in unfamiliar situations. In order to keep up with the world of the future we will not need to merely invent new ideas and products we will above all need to reinvent ourself again and again. Discontinuity is going to be the most salient feature of our learning curve as the world is not just changing rapidly but it is being dramatically reshaped in such a manner that it is starting to operate absolutely differently. This reshaping is happening way faster than we have been able to reshape ourselves, our education, our institutions and our society and that is causing a huge gap. A decade now is the new millennium where in even the best of the experts in their respective field cannot comprehend what the future holds after a decade. He concluded with his thoughts on instilling the life skill of Sustainability which is very important for the future business leaders to orient themselves on pressing issues of climate change, conservation of resources, inclusivity of society, etc.
Earlier during his welcome address Dr. Saurabh, Head, School of Business, SMVDU informed that the International Conference sponsored by the JK Bank has attracted encouraging contributions from across India and abroad. The Conference he said reflects the concern of the stakeholders for deliberating on the future roadmap for the management education.
Prof D. Mukhopadahyay, Vice Chancellor, SMVDU stressed upon the active role of higher academia in the restructuring the curriculum of management education for a modern society. “Nothing is permanent and the change is inevitable, India is going to complete 100 years of independence in 2047 and it will emerge as third largest economy and will also have a third largest network of Universities in the world. It is here that the academicians have to play a proactive role, making optimum use of available human resources and contribute in the growth and development of country.” He said.
Speaking on the occasion, Prof Raj Kumar V.C. Punjab University said, “India is a growing economy with a high demographic dividend due to 65% of young population. Our market is one of the largest in the world. The graduate labour market is full of expectations, both from the management graduates and the employers. Arguably, the world market is said to witness a paradigm shift in terms of technology in the next 5-10 years and the management graduates must keep themselves updated.”