National, 2nd September 2024: The Indian Institute of Management (IIM) Visakhapatnam has announced admissions for its Winter Intake for the Executive Master of Business Administration (EMBA) programme. This collaboration underscores a commitment to empowering working professionals with advanced management acumen, preparing them for leadership roles in an evolving business environment.
The programme will enable learners to acquire and cultivate comprehensive managerial competencies, alongside a deep understanding of advanced management techniques, essential for their development as organisational leaders. It offers a transformative learning experience, fostering the acquisition of strategic perspectives and the refinement of innovative thinking. Learners will have the opportunity to apply theoretical frameworks to practical business scenarios, ensuring they are well-equipped to tackle the complex challenges of today’s global economy.
In a world where business dynamics are constantly shifting, the need for continuous upskilling has never been more critical. The World Economic Forum predicts that half the global labour force may need reskilling by 2025, with upskilling potentially adding USD 8.3 trillion to the global GDP by 2030.
The rapidly changing business environment requires managers to upskill themselves to pivot in their careers and stay relevant. A LinkedIn survey found that 9 out of 10 executives agree that soft skills are more important than ever, with skills for roles changing by 25% since 2015 and expected to reach 65% by 2030. The global MBA Education Market is expected to grow at a CAGR of 15.6% from 2023 to 2032, reaching a valuation of USD 83.08 billion by 2032.
Speaking at the announcement of the EMBA, Prof. M Chandrasekhar, Director, IIM Visakhapatnam said, “We at IIM Visakhapatnam are excited to offer the Executive MBA programme in partnership with TimesPro. This initiative is designed to cultivate leaders who can deftly navigate the intricacies of modern business with strategic foresight and confidence. Our programme presents a unique opportunity for professionals to acquire the latest competencies, empowering them to steer through the complexities of a globalised business environment.”
Anish Srikrishna, CEO, TimesPro said, “We are pleased to launch the Executive MBA programme with IIM Visakhapatnam, offering our learners unparalleled opportunities to study under the esteemed IIM Visakhapatnam faculty while engaging with professionals from a wide range of industries. This programme not only imparts critical cross-functional skills but also enriches learners with sector-specific insights through collaborative peer interactions.”