The Indian Institute of Management-Ranchi (IIM-R) started industry interaction programme for its students with primary objective of providing valuable inputs on evolving business scenario, challenges their remedies.
The programme kicked start from July 1 and was inaugurated by Pankaj Phatarphod, Managing Director (MD), Royal Bank of Scotland Business Services Pvt ltd (RBS).
In a tête-à-tête with students Phatarphod said, “This world is very competitive. The tag will give you the options but only upto a certain level beyond which it is up to you, your credibility and hard work.” It’s upto you to make your life successful, added Phatarphod.
Welcoming the MD RBS on his first visit to Ranchi, MJ Xavier, Director IIM-R said, ‘It is not that only IIM-R is fortunate but I think Ranchi is also fortunate such an eminent speaker has come.”
The inspiring address was followed by a question and answer session in which the RBS honcho replied to all the queries raised by management students.
Incidentally, Phatarphod ruled out collaboration with any new player in the banking sector in future should the government grant licenses to new players in the time to come. “We are a standalone banking entity so as far as I am concerned there is no plan to go with anyone,” replied Phatarphod to a query.
Significantly, IIM-R has contacted Onno Ruhl, World Bank Country Director for India, to enlighten the students about shifting business trends and other important inputs.
The programme, which will continue till September, will see a host of eminent speakers from industry teaching students the nitty-gritty’s of business outside classroom.