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of 2024
Vol. 03 | Issue 01 | 2024
Vol. 03 | Issue 01 | 2024
Vol. 03 | Issue 01 | 2024
Most Recognized
MBA Institute
of 2024
ri Ramakrishna Engineering
SCollege (SREC) B School has
firmly established itself as The
Knowledge Review’s ‘Most
Recognized MBA Institute of 2024,’
setting new standards in management
education and leadership development.
With a rich legacy of academic
excellence and a commitment to
nurturing future business leaders,
SREC B School has emerged as a
beacon of innovation, integrity, and
impact in the field of management
education.
At SREC B School, excellence is not
just a goal; it is a way of life. With a
world-class faculty comprising
industry experts, seasoned
academicians, and thought leaders, the
institute offers a dynamic learning
environment that fosters creativity,
critical thinking, and collaboration.
Students are empowered with the
knowledge, skills, and mindset needed
to navigate the complexities of the
modern business landscape and drive
meaningful change in their
organizations and communities.
One of the hallmarks of SREC B
School is its industry-aligned
curriculum, which is designed to
bridge the gap between theory and
practice. Through experiential learning
opportunities, industry projects,
internships, and corporate
collaborations, students gain real-world
exposure and insights that prepare
them for leadership roles in diverse
sectors and domains.
Moreover, SREC B School places a
strong emphasis on holistic
development, nurturing not just the
intellectual capabilities but also the
ethical values, emotional intelligence,
and social responsibility of its students.
The institute is committed to fostering
a culture of inclusivity, diversity, and
sustainability, empowering students to
become responsible leaders who make
a positive impact on society.
In addition to its academic excellence,
SREC B School is known for its state-
of-the-art infrastructure, cutting-edge
facilities, and vibrant campus life.
From modern classrooms and well-
equipped laboratories to recreational
amenities and extracurricular activities,
the institute provides a conducive
environment for holistic growth and
personal development.
As we look to the future, SREC B
School remains steadfast in its
commitment to excellence, innovation,
and impact. With its unwavering
dedication to fostering talent, driving
research and innovation, and creating
responsible leaders, the institute is
poised to continue its legacy of shaping
the business leaders of tomorrow and
making a meaningful contribution to
the global business landscape.
Happy Reading!
SHAPING THE
Business
LEADERS OF
Tomorrow
- Gopal Ingole
GopalIngole
for being recognized by
The Knowledge Review magazine
in an annual listing of
for its effective and dynamic management pedagogy
and contributing to the enhancement of the Indian
educational sector and industry.
This certificate is presented to
Most Recognized MBA
Institute of 2024
2024
A r t i c l e
20
Skills and Strategies for
the Future of Business
06
C O V E R
S t o r y
Upgrading You, Professionally
Redefining
the MBA
BDE Ashwini Kamble
MARCH, 2024
Editor-in-Chief Pooja Bansal
Managing Editor
Art & Design Head
Co-designers
Rahul Shinde
Sameen, Rashmi
Team Lead
Sr. Vice President
Asst. Vice President
Pratiksha Jagtap
Swapnali Vasaikar
Tejaswini Whaval
Technical Specialist
Digital Marketing Manager Renuka Kulkarni
SME-SMO Executive
Circulation Manager Tanaji Fartade
Sagar Lahigade
Contributing Writer
Gopal Ingole
Gaurav Wankhade
sales@theknowledgereview.in
CORPORATE OFFICE
Rajeshwari Avhad
We are also available on
Copyright © 2024 Insights Success Media and Technology Pvt. Ltd.,
All rights reserved. The content and images used in this magazine
should not be reproduced or transmitted in any form or by any
means, electronic, mechanical, photocopying, recording or
otherwise, without prior permission from Insights success. Reprint
rights remain solely with Insights Success Media and Technology Pvt.
Ltd. The Knowledge Review is powered by Insights Success Media
and Technology Pvt. Ltd.
Survey No.133/134, Brand Square,
Office No. 512,Kunjir Chowk,
Pimple Saudagar, Pune, Maharashtra 411027.
Phone - India: +91 7410079881/
82/83/ 84/ 85
Email: info@theknowledgereview.in
For Subscription: theknowledgereview.in
Asst. Manger Nitin Patil
Most Recognized MBA Institute of 2024
,
nowledge leads to unity, but Ignorance to diversity.
KOnly two kinds of people can attain self-knowledge:
those who are not encumbered at all with learning,
that is to say, whose minds are not over-crowded with
thoughts borrowed from others, and those who, after studying
all the scriptures and sciences, have come to realize that they
knownothing.” –Shri Ramakrishna Paramhansa.
Thus, inculcating the wisdom of ages, and standing atop by
ingraining not only Shri Ramakrishna Paramhansa’s ethos in
its very character but christening itself with his name, Sri
Ramakrishna Engineering College (SREC) is now being
renowned as an Engineering institute offering Master of
BusinessAdministration in expansion of its educational reach
andscope.
APremierTech-EdInstitution ofBusinessAdministration
SREC, Coimbatore established in the year 1994 by SNR Sons
Charitable Trust, is an autonomous institution reaccredited by
NAAC with ‘A+’ Grade offering Eleven Undergraduate
Programmes in the disciplines of Aeronautical, Biomedical,
Civil, Mechanical, Electronics and Communication,
Electrical and Electronics, Electronics and Instrumentation,
InformationTechnology, Computer Science and Engineering,
Robotics and Automation, Artificial Intelligence and Data
Science and Integrated five year M.Tech Computer Science
and Engineering. The institution offers Six Postgraduate
ProgrammesinEngineeringandTechnologyandMBA.
In 2008, Sri Ramakrishna Engineering College (SREC)
proudly introduced the MBA Program, further solidifying its
reputation as a premier institution for imparting technical
education. The MBA program at SREC has garnered
widespread acclaim for its innovative and advanced approach
to learning, emphasizing interactive, experiential, and
participative methods. In only 15 years of commencing the
MBA programme, SREC became ‘The Knowledge Review’s
Most RecognizedMBAInstituteof 2024.’
Fosteringthe FreedomofExperientialLearning
Stating the factors behind this extraordinary leap,
Dr. R. Mary Metilda says, “As an autonomous institution, we
have the freedom to tailor our cutting-edge curriculum,
ensuring it aligns seamlessly with industry requirements and
reflects world-class practices, thereby promoting experiential
learning.”
In 2008, Sri Ramakrishna
Engineering College (SREC)
proudly introduced the MBA
Program, further solidifying
its reputation as a premier
institution for imparting
technical education.
”
The Vision and Mission of the MBAdepartment is as follows
Vision––Creating and Nurturing Business Leaders who can
contributetothebettermentofBusinessandSociety.
Mission
Ÿ Fostering an Inclusive Learning Environment through
state-of-the-art curriculum and sustainable management
practices.
Ÿ Imparting Professional Values and Ethics by introducing
InnovativePracticesfor holisticdevelopment.
Ÿ Raising Competent Leaders through Continuous Industry
Interaction and augment Intrapreneurial and
Entrepreneurial traits to confront agility in the business
milieu.
AnAcademicLeadershipExcellence
A distinguished professional, Dr. Metilda currently serves as
the Professor and Head of the Department of Management
Studies. She has a diverse background with over 22 years of
extensiveexperienceinbothindustryandacademia.
Dr. Metilda holds an engineering degree in Electronics and
Communication, an MBA specialising in Marketing, and a
PhD in Retail Supply Chain. Her academic contributions are
notable, having presented more than 70 papers at various
International and National Conferences. She is also
recognized as a PhD Guide at both Anna University and
Bharathiar University, where she has successfully guided four
scholarstoattaintheirPhD degreesunderhermentorship.
Dr. Metilda's exceptional achievements have earned her
several prestigious awards and accolades. In 2017, she was
honoured as an ‘Outstanding Woman in Management’ by
the Venus International Foundation. In 2016, she received the
‘Bharat Ratna Mother Teresa Gold Medal Award’ from
GEPRA, and in 2014, she was recognized with the ‘Best
Management Faculty Award’ by the Coimbatore
Management Association. Her remarkable accomplishments
in the field of management are a testament to her dedication
andexpertise.
Your360-DegreeEducation
Sharing the USPs that make them stand out as the most
recognized MBA Institute, Dr. Metilda says that it is due to
various factors, the prominent amongst which are:
Experiential Learning Excellence: SREC’s MBA Institute
distinguishes itself through a robust commitment to
experiential learning. Rather than just theoretical concepts, it
immerses its students in hands-on experiences, ensuring they
gain practical insights and skills immediately applicable in
the business world. “For instance, our MBA graduates
acquire a diverse skill set encompassing entrepreneurship,
management, financial acumen, marketing, and sales through
the annual marketing melas and bazaars they organize and
execute.”
Leadership Enhancement Programme: At the heart of the
institution's reputation is its comprehensive Leadership
Enhancement Programme. The institute has tied up with
Break Through, a Bangalore-based outbound training centre,
for this purpose. “We go beyond conventional curriculum to
nurture future leaders, equipping students with the essential
qualitiesandstrategiesneededtoexcelinleadershiproles.”
Community-Oriented Projects: SREC’s MBA program
stands out with its emphasis on community-oriented projects.
Dr. Metilda states, “We believe in the power of business to
effect positive change in society, and our students are actively
involved in projects that address real-world challenges,
fostering a sense of social responsibility and creating
impactful solutions. A percentage of proceeds of
entrepreneurial activities undertaken by our MBA students
aredonatedtosocialcauses.”
Constant Industry-Institute Interactions: She furthers that
they maintain a dynamic relationship with the industry,
ensuringtheircurriculumremainsup-to-dateandrelevant.
Our MBA graduates acquire a
diverse skill set encompassing
entrepreneurship, management,
nancial acumen, marketing, and
sales through the annual marketing
melas and bazaars they organize
and execute.
Their students benefit from regular interactions with industry
leaders through guest lectures, workshops, and national
seminars, panel discussions, thereby gaining valuable
insights and networking opportunities that set them on a path
to success. Annually, their students benefit from the
invaluable insights of over 200 industry professionals through
various engagement avenues, including guest lectures,
visiting faculty, panel discussions, adjunct faculty, seminars,
and workshops. “This enriching experience helps bridge the
gap between academia and real-world practice, equipping
our students with practical knowledge and exposure to
currentindustrytrendsandperspectives.”
Diverse Internship Opportunities: To further enrich their
learning experiences, SREC’s students have access to three
distincttypesof internships:
Ÿ Summer Internship: SREC’s summer internship
program provides students with the opportunity to gain
practical experience during the break, helping them
bridgethegapbetweentheoryandpractice.
Ÿ Capstone Project: The capstone project allows students
to apply their accumulated knowledge and skills to a
substantial, real-world business challenge, often
partneringwithorganizationstosolvecomplexproblems.
Ÿ Final Project: In the culmination of their MBA journey,
students undertake a final project that showcases their
expertise, often in collaboration with industry mentors,
reinforcingtheirreadinesstoexcelinthecorporateworld.
International Student Exchange to Malaysia: Besides
SREC’s rigorous academic offerings, it provides students
with a unique opportunity for international exposure through
itsstudentexchangeprogram inMalaysia.
Dr. Metilda adds, “Through our Memorandum of
Understanding (MOU) with Asia Pacific University in
Malaysia, our students undertake courses and training at
these institutions.” This immersive experience broadens their
horizons and enables them to gain a global perspective on
business andculture.
These USPs collectively contribute to SREC’s MBA
Institute's recognition as a leader in business education,
offering a well-rounded and transformative experience for
aspiring professionals while providing diverse internship
opportunitiestobolstertheirpracticalknowledgeandskills.
According to Dr. Metilda, the education they provide their
students offers a wide range of immersive benefits, equipping
them with the skills and experiences they need to excel in their
careers.Here aresomeofthekeyimmersivebenefits:
Hands-On Learning: “Our curriculum is designed to go
beyond theoretical knowledge. We emphasize practical,
hands-on learning experiences that allow students to apply
what they learn in real-world situations.” This approach
bridges thegapbetweenacademiaandtheprofessionalworld.
Industry-Integrated Projects: Students engage in industry-
specific projects, often collaborating with leading companies.
These projects provide insights into industry trends,
challenges, and best practices, giving students a competitive
edgewhentheyenterthejobmarket.
Global Perspective: SREC’s international exchange
programs foster a global perspective. Students gain exposure
to different cultures, business practices, and global markets,
preparing them to work in an increasingly interconnected
world.
Networking Opportunities: SREC’s strong industry
connections and regular interactions with business leaders
enable students to build a valuable professional network.
These connections often lead to internships, job
opportunities,andmentorships.
Leadership Development: “Our Leadership Enhancement
Programme focuses on nurturing leadership skills, including
communication, problem-solving, and decision-making.”
Students have the opportunity to lead projects and teams,
preparingthemfor leadershiprolesintheircareers.
Community Engagement: “Our emphasis on community-
oriented projects encourages students to give back to
society.” These projects instil a sense of social responsibility
andteachvaluableteamworkandprojectmanagementskills.
Exposure to Emerging Technologies: SREC stays at the
forefront of technological advancements. “Our students have
access to cutting-edge tools and resources, ensuring they are
well-preparedfor thedigitalage.”
Career Readiness: Through internships, capstone projects,
and career development workshops, students are not only
academically prepared but also career-ready. They graduate
witha strongfoundationandpracticalexperience.
Alumni Network: SREC’s alumni network is a valuable
resource for students. Graduates join a community of
successful professionals who continue to support and mentor
eachotherthroughouttheircareers.
Dr. Metilda claims, “These immersive benefits collectively
ensure that our students receive a holistic education that
prepares them for the challenges and opportunities of the
modern world, setting them on a path to success in their
chosenfields.”
TeachingHowtoTackleLife’s Challenges
Regarding the challenges faced by SREC initially vis-à-vis its
contemporary challenges, Dr. Metilda says that in the early
stages of venturing into the educational field, they faced
challenges such as establishing credibility and building a
strong reputation. Gaining student trust and recruiting
experiencedfacultymemberswere initialhurdles.
“Now, as an established institution, our challenges have
evolved. We focus on adapting to rapidly changing
educational technologies, meeting diverse student needs, and
staying ahead of industry trends to provide relevant, up-to-
date curricula.” Additionally, maintaining a commitment to
innovation and ensuring affordability for students in a
competitive educational landscape remain ongoing
challenges.
Techno-EducationalTransformations
Being an experienced leader, SREC shares her opinion on
how technology is transforming the educational sector and
whatadvancementscanbeexpectedinthefuture.
Technology is profoundly reshaping education. The rise of
online learning platforms, virtual classrooms, and AI-driven
personalized learning are revolutionizing how knowledge is
imparted. “In the future, we can anticipate even greater
integration of virtual and augmented reality for immersive
learning experiences,AI-enhanced adaptive learning systems
tailored to individual student needs, and increased emphasis
on lifelong learning as technology continually evolves.” The
educational sector will become increasingly accessible and
flexible,cateringtodiverselearningstylesandneeds.
Dr. Metilda furthers that their institute cultivates tomorrow's
business leaders in today’s knowledge-driven economy by
offering a curriculum blending theory with practical
experience. “Our Leadership Enhancement Programme
fosters essential leadership qualities. Industry collaboration
keeps students updated on market trends, while community
projects nurture social responsibility. Through these efforts,
we're shaping agile, ethical, and innovative leaders poised to
excelintomorrow'sdynamicbusinesslandscape.”
ShapingYourEntrepreneurialSpirit
Moreover, she adds that MBA education remains crucial in
modern times as it equips students with versatile skills and
strategic thinking essential for leadership roles in a rapidly
changing business landscape. SREC’s innovation in the
sector lies in a dynamic curriculum that blends traditional
business knowledge with cutting-edge technology and
entrepreneurship. “We emphasize hands-on learning,
experiential projects, and industry collaborations, ensuring
graduates are not just academically proficient but also agile,
innovative, and well-prepared for the evolving demands of the
businessworld.”
Dr. Metilda’s advice to aspiring educators in the field of
management education is to cultivate a deep passion for
learning and teaching, staying current with industry trends
and educational innovations. ‘Gain practical experience to
enhance credibility, embrace technological advancements,
and adopt student-centred teaching methods. Building a
robust professional network and seeking mentorship from
experienced educators will further enrich your journey in this
dynamic and rewarding field, where a commitment to
excellenceinbothteachingandresearchis paramount.’
Future’s GlobalHubof Business Pedagogy
SREC’s vision for scaling the institute's scope and offerings in
the future is multifaceted. “We aim to expand our program
portfolio to encompass a wider range of specialized business
disciplines, catering to diverse career interests and emerging
industries. Additionally, we plan to enhance our online and
In only 15 years of commencing
the MBA programme, SREC
became ‘The Knowledge
Review’s Most Recognized
MBA Institute of 2024.’
blended learning options, ensuring accessibility to a global
studentbase,” divulgesDr.Metilda.
Collaborations with renowned institutions and industry
partners will foster cutting-edge research and experiential
learning opportunities. Through investments in state-of-the-
art facilities and technology, SREC will create a dynamic
learning environment that encourages innovation and
creativity. “Ultimately, our goal is to elevate our institute as a
globalhubforbusiness education,”she concludes.
Ultimately, our goal is
to elevate our institute
as a global hub for
business education.
Survey No.133/134, Brand Square, Office No. 512,
Kunjir Chowk, Pimple Saudagar, Pune, Maharashtra 411027
Phone - India: +91 7410079881/ 82/ 83/ 84/ 85
Email: info@theknowledgereview.in
For Subscription: theknowledgereview.in
Check should be drawn in favor of
Visit once
to know more
THE KNOWLEDGE REVIEW
THE KNOWLEDGE REVIEW
Value
Redefining
the
MBA
20 | March 2024
and
for the
Future of
he traditional Master of Business Administration
T(MBA) has long been considered the golden ticket
to a successful career in business.
However, the rapid pace of technological advancement,
globalization, and evolving workplace dynamics are
forcing a reevaluation of the skills and knowledge needed
to thrive in the future of business.
The landscape of business is rapidly evolving, driven by
technological advancements, globalization, and changing
consumer preferences. In this dynamic environment,
outdated approaches to business education, particularly the
MBA) degree, are undergoing a transformation.
Today, there is a growing recognition that the skills and
strategies needed to succeed in the future of business are
different from those of the past. As a result, business
schools and MBA programs around the world are
redefining their curricula to equip students with the tools,
mindset, and capabilities required to navigate and thrive in
the business landscape of tomorrow.
Shifting Landscape
The business landscape is no longer characterized by
hierarchical structures and linear career paths. Today's
professionals need to be adaptable, innovative, and
comfortable operating in an increasingly complex and
interconnected world. Businesses require leaders who can
navigate ambiguity, embrace data-driven decision-making,
and foster a culture of collaboration and agility.
Adaptability and Agility
One of the key skills that future business leaders must
possess is adaptability. The ability to quickly respond to
changing market conditions, technological disruptions, and
emerging trends is essential for success in today's fast-
paced business environment. MBA programs are placing
greater emphasis on teaching students how to be agile and
flexible in their thinking and decision-making processes.
This includes developing the ability to pivot strategies,
innovate solutions, and embrace change as a constant.
The Evolving Skillset
The traditional MBA focused heavily on finance,
accounting, and marketing. While these core principles
remain valuable, the redefined MBA curriculum must
equip graduates with a broader skillset. This includes:
Digital Fluency:
Understanding technology's impact on business, from data
analysis to artificial intelligence and automation. In an
increasingly digital world, proficiency in digital
technologies and data analytics has become essential for
business leaders. MBA programs are incorporating courses
on digital fluency, covering topics such as digital
marketing, e-commerce, data analytics, and artificial
intelligence. Students are learning how to harness the
power of technology to drive innovation, enhance
customer experiences, and optimize business processes.
Moreover, they are gaining insights into the ethical
implications of technology and data usage, preparing them
to navigate the complex ethical challenges of the digital
age. Employing creative problem-solving methodologies to
identify and address emerging business challenges –
Design Thinking.
www.theknowledgereview.in | 21
Global Perspective
Cultivating an understanding of diverse markets, cultures,
and business practices. Globalization has interconnected
economies, markets, and cultures like never before. As
such, MBA programs are emphasizing the importance of a
global perspective in business education. Students are
exposed to international business practices, cross-cultural
communication skills, and global market trends. They are
encouraged to think beyond borders and consider the
impact of their decisions on a global scale. Moreover, many
MBA programs offer opportunities for international
experiences such as study abroad programs, global
consulting projects, and international internships, allowing
students to gain firsthand exposure to different business
environments and cultures.
Entrepreneurial Mindset
Entrepreneurship and innovation are driving forces behind
economic growth and job creation. MBA programs are
nurturing an entrepreneurial mindset among students,
encouraging them to think creatively, take calculated risks,
and pursue opportunities for innovation and disruption.
Students are taught how to identify market gaps, develop
business plans, and launch new ventures. Moreover, they
learn how to foster an entrepreneurial culture within
established organizations, driving intrapreneurship and
corporate innovation from within.
Leadership and Emotional Intelligence
Effective leadership is critical for driving organizational
success and fostering a positive work culture. MBA
programs are focusing on developing leadership skills and
emotional intelligence among students. Through
experiential learning opportunities, leadership development
workshops, and executive coaching, students learn how to
inspire and motivate teams, communicate vision and values,
and navigate complex organizational dynamics. Moreover,
they gain insights into their own strengths, weaknesses, and
leadership styles, enabling them to become authentic and
empathetic leaders.
A Broader Approach
The future of MBA education lies in a holistic approach that
integrates theoretical frameworks with practical experience.
This involves:
~Experiential Learning: Incorporating real-world projects,
case studies, and simulations into the curriculum.
~Guest Lectures: Inviting thought leaders and industry
experts to share their insights.
~Global Immersion Programs: Providing opportunities
for international study and cultural exchange.
~Focus on Soft Skills: Development of critical thinking,
problem-solving, and leadership skills.
~Specialization Tracks: Offering specialized tracks in
areas of growing demand, like FinTech, e-Commerce, or
Sustainability.
~Communication and Collaboration: Mastering
communication skills, both traditional and digital, to foster
effective teamwork.
~Entrepreneurial Spirit: Developing the ability to identify
opportunities, manage risk, and navigate uncertainty.
Benefits for Graduates
A redefined MBA program equips graduates with the skills
and knowledge to succeed in a dynamic business
environment. They will be:
• More adaptable and capable of navigating change.
• Better equipped to lead and collaborate in diverse
teams.
• Prepared to leverage technology and data for strategic
decision-making.
• Possess a global mindset necessary for success in a
connected world.
• Ready to contribute to innovation and drive positive
change within organizations.
The Road Ahead
The redefinition of the MBA is not a singular event, but
rather an ongoing process. Business schools must stay
attuned to the changing demands of the workplace and
adapt their programs accordingly. By prioritizing a future-
oriented skillset, the MBA can continue to be a relevant and
valuable stepping stone for business leaders of tomorrow.
22 | March 2024
Final File - Most Recognized MBA Institute of 2024 (4).pdf
Final File - Most Recognized MBA Institute of 2024 (4).pdf
Final File - Most Recognized MBA Institute of 2024 (4).pdf
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Final File - Most Recognized MBA Institute of 2024 (4).pdf

  • 1. of 2024 Vol. 03 | Issue 01 | 2024 Vol. 03 | Issue 01 | 2024 Vol. 03 | Issue 01 | 2024
  • 2.
  • 4. ri Ramakrishna Engineering SCollege (SREC) B School has firmly established itself as The Knowledge Review’s ‘Most Recognized MBA Institute of 2024,’ setting new standards in management education and leadership development. With a rich legacy of academic excellence and a commitment to nurturing future business leaders, SREC B School has emerged as a beacon of innovation, integrity, and impact in the field of management education. At SREC B School, excellence is not just a goal; it is a way of life. With a world-class faculty comprising industry experts, seasoned academicians, and thought leaders, the institute offers a dynamic learning environment that fosters creativity, critical thinking, and collaboration. Students are empowered with the knowledge, skills, and mindset needed to navigate the complexities of the modern business landscape and drive meaningful change in their organizations and communities. One of the hallmarks of SREC B School is its industry-aligned curriculum, which is designed to bridge the gap between theory and practice. Through experiential learning opportunities, industry projects, internships, and corporate collaborations, students gain real-world exposure and insights that prepare them for leadership roles in diverse sectors and domains. Moreover, SREC B School places a strong emphasis on holistic development, nurturing not just the intellectual capabilities but also the ethical values, emotional intelligence, and social responsibility of its students. The institute is committed to fostering a culture of inclusivity, diversity, and sustainability, empowering students to become responsible leaders who make a positive impact on society. In addition to its academic excellence, SREC B School is known for its state- of-the-art infrastructure, cutting-edge facilities, and vibrant campus life. From modern classrooms and well- equipped laboratories to recreational amenities and extracurricular activities, the institute provides a conducive environment for holistic growth and personal development. As we look to the future, SREC B School remains steadfast in its commitment to excellence, innovation, and impact. With its unwavering dedication to fostering talent, driving research and innovation, and creating responsible leaders, the institute is poised to continue its legacy of shaping the business leaders of tomorrow and making a meaningful contribution to the global business landscape. Happy Reading! SHAPING THE Business LEADERS OF Tomorrow - Gopal Ingole GopalIngole
  • 5. for being recognized by The Knowledge Review magazine in an annual listing of for its effective and dynamic management pedagogy and contributing to the enhancement of the Indian educational sector and industry. This certificate is presented to Most Recognized MBA Institute of 2024 2024
  • 6. A r t i c l e 20 Skills and Strategies for the Future of Business 06 C O V E R S t o r y Upgrading You, Professionally Redefining the MBA
  • 7. BDE Ashwini Kamble MARCH, 2024 Editor-in-Chief Pooja Bansal Managing Editor Art & Design Head Co-designers Rahul Shinde Sameen, Rashmi Team Lead Sr. Vice President Asst. Vice President Pratiksha Jagtap Swapnali Vasaikar Tejaswini Whaval Technical Specialist Digital Marketing Manager Renuka Kulkarni SME-SMO Executive Circulation Manager Tanaji Fartade Sagar Lahigade Contributing Writer Gopal Ingole Gaurav Wankhade sales@theknowledgereview.in CORPORATE OFFICE Rajeshwari Avhad We are also available on Copyright © 2024 Insights Success Media and Technology Pvt. Ltd., All rights reserved. The content and images used in this magazine should not be reproduced or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without prior permission from Insights success. Reprint rights remain solely with Insights Success Media and Technology Pvt. Ltd. The Knowledge Review is powered by Insights Success Media and Technology Pvt. Ltd. Survey No.133/134, Brand Square, Office No. 512,Kunjir Chowk, Pimple Saudagar, Pune, Maharashtra 411027. Phone - India: +91 7410079881/ 82/83/ 84/ 85 Email: info@theknowledgereview.in For Subscription: theknowledgereview.in Asst. Manger Nitin Patil
  • 8.
  • 9.
  • 10. Most Recognized MBA Institute of 2024 ,
  • 11. nowledge leads to unity, but Ignorance to diversity. KOnly two kinds of people can attain self-knowledge: those who are not encumbered at all with learning, that is to say, whose minds are not over-crowded with thoughts borrowed from others, and those who, after studying all the scriptures and sciences, have come to realize that they knownothing.” –Shri Ramakrishna Paramhansa. Thus, inculcating the wisdom of ages, and standing atop by ingraining not only Shri Ramakrishna Paramhansa’s ethos in its very character but christening itself with his name, Sri Ramakrishna Engineering College (SREC) is now being renowned as an Engineering institute offering Master of BusinessAdministration in expansion of its educational reach andscope. APremierTech-EdInstitution ofBusinessAdministration SREC, Coimbatore established in the year 1994 by SNR Sons Charitable Trust, is an autonomous institution reaccredited by NAAC with ‘A+’ Grade offering Eleven Undergraduate Programmes in the disciplines of Aeronautical, Biomedical, Civil, Mechanical, Electronics and Communication, Electrical and Electronics, Electronics and Instrumentation, InformationTechnology, Computer Science and Engineering, Robotics and Automation, Artificial Intelligence and Data Science and Integrated five year M.Tech Computer Science and Engineering. The institution offers Six Postgraduate ProgrammesinEngineeringandTechnologyandMBA. In 2008, Sri Ramakrishna Engineering College (SREC) proudly introduced the MBA Program, further solidifying its reputation as a premier institution for imparting technical education. The MBA program at SREC has garnered widespread acclaim for its innovative and advanced approach to learning, emphasizing interactive, experiential, and participative methods. In only 15 years of commencing the MBA programme, SREC became ‘The Knowledge Review’s Most RecognizedMBAInstituteof 2024.’ Fosteringthe FreedomofExperientialLearning Stating the factors behind this extraordinary leap, Dr. R. Mary Metilda says, “As an autonomous institution, we have the freedom to tailor our cutting-edge curriculum, ensuring it aligns seamlessly with industry requirements and reflects world-class practices, thereby promoting experiential learning.” In 2008, Sri Ramakrishna Engineering College (SREC) proudly introduced the MBA Program, further solidifying its reputation as a premier institution for imparting technical education. ”
  • 12. The Vision and Mission of the MBAdepartment is as follows Vision––Creating and Nurturing Business Leaders who can contributetothebettermentofBusinessandSociety. Mission Ÿ Fostering an Inclusive Learning Environment through state-of-the-art curriculum and sustainable management practices. Ÿ Imparting Professional Values and Ethics by introducing InnovativePracticesfor holisticdevelopment. Ÿ Raising Competent Leaders through Continuous Industry Interaction and augment Intrapreneurial and Entrepreneurial traits to confront agility in the business milieu. AnAcademicLeadershipExcellence A distinguished professional, Dr. Metilda currently serves as the Professor and Head of the Department of Management Studies. She has a diverse background with over 22 years of extensiveexperienceinbothindustryandacademia. Dr. Metilda holds an engineering degree in Electronics and Communication, an MBA specialising in Marketing, and a PhD in Retail Supply Chain. Her academic contributions are notable, having presented more than 70 papers at various International and National Conferences. She is also recognized as a PhD Guide at both Anna University and Bharathiar University, where she has successfully guided four scholarstoattaintheirPhD degreesunderhermentorship. Dr. Metilda's exceptional achievements have earned her several prestigious awards and accolades. In 2017, she was honoured as an ‘Outstanding Woman in Management’ by the Venus International Foundation. In 2016, she received the ‘Bharat Ratna Mother Teresa Gold Medal Award’ from GEPRA, and in 2014, she was recognized with the ‘Best Management Faculty Award’ by the Coimbatore Management Association. Her remarkable accomplishments in the field of management are a testament to her dedication andexpertise. Your360-DegreeEducation Sharing the USPs that make them stand out as the most recognized MBA Institute, Dr. Metilda says that it is due to various factors, the prominent amongst which are: Experiential Learning Excellence: SREC’s MBA Institute distinguishes itself through a robust commitment to experiential learning. Rather than just theoretical concepts, it immerses its students in hands-on experiences, ensuring they gain practical insights and skills immediately applicable in the business world. “For instance, our MBA graduates acquire a diverse skill set encompassing entrepreneurship, management, financial acumen, marketing, and sales through the annual marketing melas and bazaars they organize and execute.” Leadership Enhancement Programme: At the heart of the institution's reputation is its comprehensive Leadership Enhancement Programme. The institute has tied up with Break Through, a Bangalore-based outbound training centre, for this purpose. “We go beyond conventional curriculum to nurture future leaders, equipping students with the essential qualitiesandstrategiesneededtoexcelinleadershiproles.” Community-Oriented Projects: SREC’s MBA program stands out with its emphasis on community-oriented projects. Dr. Metilda states, “We believe in the power of business to effect positive change in society, and our students are actively involved in projects that address real-world challenges, fostering a sense of social responsibility and creating impactful solutions. A percentage of proceeds of entrepreneurial activities undertaken by our MBA students aredonatedtosocialcauses.” Constant Industry-Institute Interactions: She furthers that they maintain a dynamic relationship with the industry, ensuringtheircurriculumremainsup-to-dateandrelevant. Our MBA graduates acquire a diverse skill set encompassing entrepreneurship, management, nancial acumen, marketing, and sales through the annual marketing melas and bazaars they organize and execute.
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  • 15. Their students benefit from regular interactions with industry leaders through guest lectures, workshops, and national seminars, panel discussions, thereby gaining valuable insights and networking opportunities that set them on a path to success. Annually, their students benefit from the invaluable insights of over 200 industry professionals through various engagement avenues, including guest lectures, visiting faculty, panel discussions, adjunct faculty, seminars, and workshops. “This enriching experience helps bridge the gap between academia and real-world practice, equipping our students with practical knowledge and exposure to currentindustrytrendsandperspectives.” Diverse Internship Opportunities: To further enrich their learning experiences, SREC’s students have access to three distincttypesof internships: Ÿ Summer Internship: SREC’s summer internship program provides students with the opportunity to gain practical experience during the break, helping them bridgethegapbetweentheoryandpractice. Ÿ Capstone Project: The capstone project allows students to apply their accumulated knowledge and skills to a substantial, real-world business challenge, often partneringwithorganizationstosolvecomplexproblems. Ÿ Final Project: In the culmination of their MBA journey, students undertake a final project that showcases their expertise, often in collaboration with industry mentors, reinforcingtheirreadinesstoexcelinthecorporateworld. International Student Exchange to Malaysia: Besides SREC’s rigorous academic offerings, it provides students with a unique opportunity for international exposure through itsstudentexchangeprogram inMalaysia. Dr. Metilda adds, “Through our Memorandum of Understanding (MOU) with Asia Pacific University in Malaysia, our students undertake courses and training at these institutions.” This immersive experience broadens their horizons and enables them to gain a global perspective on business andculture. These USPs collectively contribute to SREC’s MBA Institute's recognition as a leader in business education, offering a well-rounded and transformative experience for aspiring professionals while providing diverse internship opportunitiestobolstertheirpracticalknowledgeandskills. According to Dr. Metilda, the education they provide their students offers a wide range of immersive benefits, equipping them with the skills and experiences they need to excel in their careers.Here aresomeofthekeyimmersivebenefits: Hands-On Learning: “Our curriculum is designed to go beyond theoretical knowledge. We emphasize practical, hands-on learning experiences that allow students to apply what they learn in real-world situations.” This approach bridges thegapbetweenacademiaandtheprofessionalworld. Industry-Integrated Projects: Students engage in industry- specific projects, often collaborating with leading companies. These projects provide insights into industry trends, challenges, and best practices, giving students a competitive edgewhentheyenterthejobmarket. Global Perspective: SREC’s international exchange programs foster a global perspective. Students gain exposure to different cultures, business practices, and global markets, preparing them to work in an increasingly interconnected world. Networking Opportunities: SREC’s strong industry connections and regular interactions with business leaders enable students to build a valuable professional network. These connections often lead to internships, job opportunities,andmentorships. Leadership Development: “Our Leadership Enhancement Programme focuses on nurturing leadership skills, including communication, problem-solving, and decision-making.” Students have the opportunity to lead projects and teams, preparingthemfor leadershiprolesintheircareers. Community Engagement: “Our emphasis on community- oriented projects encourages students to give back to society.” These projects instil a sense of social responsibility andteachvaluableteamworkandprojectmanagementskills. Exposure to Emerging Technologies: SREC stays at the forefront of technological advancements. “Our students have access to cutting-edge tools and resources, ensuring they are well-preparedfor thedigitalage.” Career Readiness: Through internships, capstone projects, and career development workshops, students are not only academically prepared but also career-ready. They graduate witha strongfoundationandpracticalexperience. Alumni Network: SREC’s alumni network is a valuable resource for students. Graduates join a community of successful professionals who continue to support and mentor eachotherthroughouttheircareers.
  • 16. Dr. Metilda claims, “These immersive benefits collectively ensure that our students receive a holistic education that prepares them for the challenges and opportunities of the modern world, setting them on a path to success in their chosenfields.” TeachingHowtoTackleLife’s Challenges Regarding the challenges faced by SREC initially vis-à-vis its contemporary challenges, Dr. Metilda says that in the early stages of venturing into the educational field, they faced challenges such as establishing credibility and building a strong reputation. Gaining student trust and recruiting experiencedfacultymemberswere initialhurdles. “Now, as an established institution, our challenges have evolved. We focus on adapting to rapidly changing educational technologies, meeting diverse student needs, and staying ahead of industry trends to provide relevant, up-to- date curricula.” Additionally, maintaining a commitment to innovation and ensuring affordability for students in a competitive educational landscape remain ongoing challenges. Techno-EducationalTransformations Being an experienced leader, SREC shares her opinion on how technology is transforming the educational sector and whatadvancementscanbeexpectedinthefuture. Technology is profoundly reshaping education. The rise of online learning platforms, virtual classrooms, and AI-driven personalized learning are revolutionizing how knowledge is imparted. “In the future, we can anticipate even greater integration of virtual and augmented reality for immersive learning experiences,AI-enhanced adaptive learning systems tailored to individual student needs, and increased emphasis on lifelong learning as technology continually evolves.” The educational sector will become increasingly accessible and flexible,cateringtodiverselearningstylesandneeds. Dr. Metilda furthers that their institute cultivates tomorrow's business leaders in today’s knowledge-driven economy by offering a curriculum blending theory with practical experience. “Our Leadership Enhancement Programme fosters essential leadership qualities. Industry collaboration keeps students updated on market trends, while community projects nurture social responsibility. Through these efforts, we're shaping agile, ethical, and innovative leaders poised to excelintomorrow'sdynamicbusinesslandscape.” ShapingYourEntrepreneurialSpirit Moreover, she adds that MBA education remains crucial in modern times as it equips students with versatile skills and strategic thinking essential for leadership roles in a rapidly changing business landscape. SREC’s innovation in the sector lies in a dynamic curriculum that blends traditional business knowledge with cutting-edge technology and entrepreneurship. “We emphasize hands-on learning, experiential projects, and industry collaborations, ensuring graduates are not just academically proficient but also agile, innovative, and well-prepared for the evolving demands of the businessworld.” Dr. Metilda’s advice to aspiring educators in the field of management education is to cultivate a deep passion for learning and teaching, staying current with industry trends and educational innovations. ‘Gain practical experience to enhance credibility, embrace technological advancements, and adopt student-centred teaching methods. Building a robust professional network and seeking mentorship from experienced educators will further enrich your journey in this dynamic and rewarding field, where a commitment to excellenceinbothteachingandresearchis paramount.’ Future’s GlobalHubof Business Pedagogy SREC’s vision for scaling the institute's scope and offerings in the future is multifaceted. “We aim to expand our program portfolio to encompass a wider range of specialized business disciplines, catering to diverse career interests and emerging industries. Additionally, we plan to enhance our online and In only 15 years of commencing the MBA programme, SREC became ‘The Knowledge Review’s Most Recognized MBA Institute of 2024.’
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  • 18. blended learning options, ensuring accessibility to a global studentbase,” divulgesDr.Metilda. Collaborations with renowned institutions and industry partners will foster cutting-edge research and experiential learning opportunities. Through investments in state-of-the- art facilities and technology, SREC will create a dynamic learning environment that encourages innovation and creativity. “Ultimately, our goal is to elevate our institute as a globalhubforbusiness education,”she concludes. Ultimately, our goal is to elevate our institute as a global hub for business education.
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  • 23. and for the Future of he traditional Master of Business Administration T(MBA) has long been considered the golden ticket to a successful career in business. However, the rapid pace of technological advancement, globalization, and evolving workplace dynamics are forcing a reevaluation of the skills and knowledge needed to thrive in the future of business. The landscape of business is rapidly evolving, driven by technological advancements, globalization, and changing consumer preferences. In this dynamic environment, outdated approaches to business education, particularly the MBA) degree, are undergoing a transformation. Today, there is a growing recognition that the skills and strategies needed to succeed in the future of business are different from those of the past. As a result, business schools and MBA programs around the world are redefining their curricula to equip students with the tools, mindset, and capabilities required to navigate and thrive in the business landscape of tomorrow. Shifting Landscape The business landscape is no longer characterized by hierarchical structures and linear career paths. Today's professionals need to be adaptable, innovative, and comfortable operating in an increasingly complex and interconnected world. Businesses require leaders who can navigate ambiguity, embrace data-driven decision-making, and foster a culture of collaboration and agility. Adaptability and Agility One of the key skills that future business leaders must possess is adaptability. The ability to quickly respond to changing market conditions, technological disruptions, and emerging trends is essential for success in today's fast- paced business environment. MBA programs are placing greater emphasis on teaching students how to be agile and flexible in their thinking and decision-making processes. This includes developing the ability to pivot strategies, innovate solutions, and embrace change as a constant. The Evolving Skillset The traditional MBA focused heavily on finance, accounting, and marketing. While these core principles remain valuable, the redefined MBA curriculum must equip graduates with a broader skillset. This includes: Digital Fluency: Understanding technology's impact on business, from data analysis to artificial intelligence and automation. In an increasingly digital world, proficiency in digital technologies and data analytics has become essential for business leaders. MBA programs are incorporating courses on digital fluency, covering topics such as digital marketing, e-commerce, data analytics, and artificial intelligence. Students are learning how to harness the power of technology to drive innovation, enhance customer experiences, and optimize business processes. Moreover, they are gaining insights into the ethical implications of technology and data usage, preparing them to navigate the complex ethical challenges of the digital age. Employing creative problem-solving methodologies to identify and address emerging business challenges – Design Thinking. www.theknowledgereview.in | 21
  • 24. Global Perspective Cultivating an understanding of diverse markets, cultures, and business practices. Globalization has interconnected economies, markets, and cultures like never before. As such, MBA programs are emphasizing the importance of a global perspective in business education. Students are exposed to international business practices, cross-cultural communication skills, and global market trends. They are encouraged to think beyond borders and consider the impact of their decisions on a global scale. Moreover, many MBA programs offer opportunities for international experiences such as study abroad programs, global consulting projects, and international internships, allowing students to gain firsthand exposure to different business environments and cultures. Entrepreneurial Mindset Entrepreneurship and innovation are driving forces behind economic growth and job creation. MBA programs are nurturing an entrepreneurial mindset among students, encouraging them to think creatively, take calculated risks, and pursue opportunities for innovation and disruption. Students are taught how to identify market gaps, develop business plans, and launch new ventures. Moreover, they learn how to foster an entrepreneurial culture within established organizations, driving intrapreneurship and corporate innovation from within. Leadership and Emotional Intelligence Effective leadership is critical for driving organizational success and fostering a positive work culture. MBA programs are focusing on developing leadership skills and emotional intelligence among students. Through experiential learning opportunities, leadership development workshops, and executive coaching, students learn how to inspire and motivate teams, communicate vision and values, and navigate complex organizational dynamics. Moreover, they gain insights into their own strengths, weaknesses, and leadership styles, enabling them to become authentic and empathetic leaders. A Broader Approach The future of MBA education lies in a holistic approach that integrates theoretical frameworks with practical experience. This involves: ~Experiential Learning: Incorporating real-world projects, case studies, and simulations into the curriculum. ~Guest Lectures: Inviting thought leaders and industry experts to share their insights. ~Global Immersion Programs: Providing opportunities for international study and cultural exchange. ~Focus on Soft Skills: Development of critical thinking, problem-solving, and leadership skills. ~Specialization Tracks: Offering specialized tracks in areas of growing demand, like FinTech, e-Commerce, or Sustainability. ~Communication and Collaboration: Mastering communication skills, both traditional and digital, to foster effective teamwork. ~Entrepreneurial Spirit: Developing the ability to identify opportunities, manage risk, and navigate uncertainty. Benefits for Graduates A redefined MBA program equips graduates with the skills and knowledge to succeed in a dynamic business environment. They will be: • More adaptable and capable of navigating change. • Better equipped to lead and collaborate in diverse teams. • Prepared to leverage technology and data for strategic decision-making. • Possess a global mindset necessary for success in a connected world. • Ready to contribute to innovation and drive positive change within organizations. The Road Ahead The redefinition of the MBA is not a singular event, but rather an ongoing process. Business schools must stay attuned to the changing demands of the workplace and adapt their programs accordingly. By prioritizing a future- oriented skillset, the MBA can continue to be a relevant and valuable stepping stone for business leaders of tomorrow. 22 | March 2024