Master Your Future With PGDM Executive @ SIMSR
India is considered one of the cradles of civilization, and the first major one in South Asia. India currently is a fine, richly diverse, amalgamation comprising of 29 states and 7 union territories having a unique demography, history and culture, festivals, languages, etc. After the 1991 economic liberalization, India achieved 6-7% average GDP growth annually making it the world's fastest growing major economy. Currently, its GDP is pegged to remain strong at 7.5% in the year 2019-20. It is the world's third-largest by purchasing power parity (PPP). Its demographics constitute a young population with approximately 47% of the people being below the age of 25, practicing healthy savings and investment habits as is reflected currently by the boom in vibrancy of its financial markets, a barometer of the economy.
India has one of the fastest growing service sectors in the world and is the third-largest start-up hub in the world with over 7,200 start-ups in 2018 as per NASSCOM. It ranks second worldwide in farm output and is the fastest growing exporter of agricultural products over a 10-year period, with its net exports being more than double the combined exports of the European Union. It has become one of the world's largest suppliers of rice, cotton, sugar and wheat. It is considered as a safe developing market in terms of balanced intellectual property regime and it encourages both innovation and knowledge diffusion. India has a relatively lower cost than China, thereby making it an attractive destination for Foreign Direct Investments. Also, to augment the domestic manufacturing and services space, initiatives such as Make in India that covers 25 sectors such as Construction Development, Defense, Broadcasting, Banking, Plantations, single brand retail trading, duty free shops, Regional Air Transport Services, Insurance, Pharmaceuticals, Private security, etc.
Countries such as Mauritius, Singapore, Japan, U.K., Netherlands, U.S.A., Germany, Cyprus, France, UAE account for nearly 88% of the total FDI inflows in sectors such as services, Computer Software and Hardware, Construction Development, Automobiles, Telecom, Pharmaceuticals, Power, etc. Historically, as an example, Hungary and India enjoyed close and friendly relations with the Indian embassy located in Budapest and the Hungarian embassy in New Delhi. Hungarian exports have been in the areas of high technology, industrial products, automobiles, telecom and IT. Various areas of collaboration include research and development, automotive components, healthcare, machine tools, agriculture machinery, non-conventional energy and electrical equipment, electronics, information technology, pharmaceuticals higher education, entertainment, etc. Indian investment in Hungary is over USD 1 billion providing employment to over 7,000 people in the country.
Globally, Indian companies such as TCS, Sun Pharma, Kotak Mahindra Bank, TATA Motors, BHEL, Reliance Industries, L&T, ITC, TATA Steel, Apollo Tyres, Hindalco are examples of successful MNCs. India also takes pride in its contribution to the global thought leaders like Sundar Pichai (CEO – Google Inc.), Indra Nooyi (CEO – Pepsico), Ajay Banga (CEO – Mastercard), Satya Nadella (CEO – Microsoft), Shantanu Narayen (CEO – Adobe Systems), Rajeev Suri (CEO – Nokia), Francisco D’Souza (CEO – Cognizant). As per the Forbes 2016 list, India is home to 82 billionaires. It is home to the world’s largest mobile manufacturing factory employing over 70,000 people. The Indian Railways, one of the top five largest railway networks in the world, caters to more than 8 billion passengers annually and employs approximately 1.3 million people. The retail sector is vibrant with emerging e-commerce practices with some of the largest global players such as Walmart acquiring Indian ecommerce giant Flipkart. TATA motors owns the global prestigious brand Jaguar Land Rover. The telecom space in India is undergoing major dynamism with the advent of Reliance Jio, a major innovative path breaking initiative leading to consolidation international players such as Vodafone with Indian major Idea cellular network. Indian aviation’s leading company, Inter Globe Aviation, (Indigo) has procurement orders of close to 430 aircrafts from Airbus, a global aviation giant aviation firm.
Major metro cities in India are Delhi, Mumbai, Bengaluru, Chennai, Kolkata, Ahmedabad, Hyderabad, Jaipur, Chandigarh with New Delhi being the national capital and Mumbai being the financial and commercial capital. Mumbai is also home to Bollywood, the largest film industry with global viewership largely due to the cult status of its superstars. The city is also a multi-cultural hub of fashion, technology and entrepreneurship.
Given the above scenario, it is very evident that India poses a unique and attractive set of challenges for global players to do business. To understand and experience these unique opportunities and challenges, K J Somaiya Institute of Management Studies & Research (SIMSR) welcomes experienced global professionals to its internationally benchmarked PGDM Executive programme.
The PGDM Executive Programme at SIMSR is a 15 month, AICTE approved full time and residential programme which started in 2011 and since then has gradually evolved in to the current value proposition of offering General Management with a specific focus on Strategy and Leadership areas. These areas of expertise are important for participants having over 5 years of corporate experience to give a boost to their career to the next level and accelerate their transition from functional/technical area to general management. The batch intake is of 60 seats with participants having sector exposure ranging from BFSI, IT, Engineering & Construction, Manufacturing, Pharmaceuticals, Energy, Automobiles, Services, etc. The programme is crafted to fill the knowledge gaps in essential management disciplines and prepare the participants to an elevated general management role by moving them from mastery in one specific area to a much broader and wider business leadership domain.
The course delivery is uniquely structured with a senior SIMSR faculty anchoring a particular course complemented by an Industry specialist to bring in the practical aspect of the course into the classroom. Courses such as Strategic Talent Management, Business Development, Country Analysis for Global Marketing, Enterprise Architecture, Strategic Management Simulation, Strategic Brand Management, Mergers, Acquisitions and Corporate Restructuring, Strategic Leadership & Change Management, Leadership Incubator, Digital Project Management, Design Thinking, Cloud Computing, Digital Marketing, Strategic Risk Management, Big Data Analysis, International Finance, etc are structured specifically for this General Management programme. Besides these main courses, we have also structured some booster workshops viz Corporate Social Responsibility (including immersion), Winning Negotiations and Decision Making, Labour Laws, Marketing Engineering, Advanced Logistic Tools, Shopper Experience Management, Six Sigma, Rural Marketing (including Offsite Workshop), Analyzing Equity using Technical Analysis, etc.
Admission for the next batch of PGDM Executive at SIMSR closes on 31st July 2019 and classes commence on 3rd September 2019.
For more details, please check: https://simsr.somaiya.edu/en/admissions/pgdm-executive
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