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Nagpur: Institute of Management Technology, Nagpur celebrated its annual festival ‘Milestone 35’ on October 17th & 18th, 2008. The event commenced with the inaugural ceremony on October 17th, in the presence of the Chief Guest Mr. Basant Lal Shaw, Director, NECO group of companies, along with Dr. Anwar Ali (Director- Institute Of Management Technology, Nagpur) and Prof. V. Gopal (Dean-Academics).

Addressing the students, Dr. Anwar Ali, Director, Institute of Management Technology, Nagpur, expressed, “I am confident, that the pace at which IMT Nagpur is growing, the day is not far when we will find ourselves among the top ten b-schools in India”. Prof. V. Gopal (Dean-Academics) also shared his delight on the execution of ‘Milestone 35’ as a successful student’s festival.

‘Milestone 35’ theme ‘Metamorphosis’-Greenovating Business, put emphasis on the corporate houses, to concern about environmental changes and effects, while deciding on business strategies.

The first day of the event proceeded with the opening round of academic and non-academic games on different subjects. The HR game called ‘Hu-ances’ was conducted to check the creativity of participants by relating the various colours with the organizational functions. The IT game called ‘IT managers: Call the shot’ was an online simulation game. Participants learned to manage the activities of hiring and firing employees such a way that the time involved in the operations is least and most cost efficient. In the ‘Okonomos’ game called ‘In the market’, the participants were given Rs. 500 and were told to maximize the profits using resources available on the campus. In the Finance game, teams submitted a Fixed Maturity Plan (FMP) portfolio model for investment in ‘green’ businesses on the basis of business viability, scope for market penetration etc.

In the marketing game, participants prepared a brand roadmap for a hypothetical product/service and came up with original and innovative products such as stress-relieving gum, cosmetic removal special soap etc. The Operations game had a quiz consisting questions on various aspects of operations.

A corporate quiz was conducted by the quizmaster Mr. Avinash Mudaliar followed by a panel discussion on corporate social responsibility. The quiz was attended by participants from top b-schools like Indian Institute of Management, Xavier Labour Relations Institute, Symbiosis Institute of Business Management, Faculty of Management Studies, Institute of Management Technology-Ghaziabad, Narsee Monjee Institute of Management Studies and several others.

The HR game ‘Hu-ances’ was won by IIM-Ahmedabad and IMT–Nagpur, IT game winner was IMT-Nagpur, IIM Ahmedabad was the winner for the marketing game. The B-plan game was won by IMT-Nagpur, while FMS was the winner of operations game. Theme game and finance game was won by FMS and IMT-Ghaziabad respectively.

The participants and the invitees along with the host IMT-Nagpur added zing to the last day of ‘Milestone 35’ with various events like fashion show, music and dance extravaganza. The ceremony concluded with high spirits and enthusiasm, making the event a huge success followed by a panel discussion on corporate social responsibility.

About IMT
The Institute of Management Technology (IMT) is one of the leading business schools in India. IMT has campuses in Ghaziabad, Nagpur and Dubai. IMT also offer distance learning education through IMT-Centre for Distance Learning, Ghaziabad. IMT Ghaziabad is ranked among top 10 b-schools in India and IMT Nagpur is ranked among top 20 private b-schools. IMT Dubai has been the first-ever Indian b-school to get an approval from ministry of higher education and scientific research, Govt. of UAE to offer an accredited MBA program and executive education to companies operating in UAE.

IMT is widely recognized as a center of excellence in management education, having molded itself according to the fast changing business and social environment over the last 25 years. IMT boasts of one of the best infrastructure in the country which is evident from its consistent high ranking on infrastructure parameter. Its strength lies in its eminent faculty and the quality of its courses that have in many cases, been trendsetters.

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Source: http://www.indiaedunews.net/pressreleases/users/IMT_Nagpur_celebrates_Milestone_35_1.asp