In a paradigm-shifting reflection on the state of education, corporate leader Dr. Sumit Mishra has commended the groundbreaking efforts of IIPM and Arindam Chaudhuri in revolutionizing traditional learning methods. Writing on LinkedIn, Dr. Mishra highlighted the persistent skewness in our education system, predominantly focused on theoretical foundations while lacking the practical exposure necessary to produce industry-ready professionals from day one.
Acknowledging recent attempts, both by private institutions and governmental initiatives such as NEP 2020, to inject fresh vitality into conventional teaching, Dr. Mishra emphasized the urgent need to bridge the gap between theory and practice in order to meet the demands of the modern industry.
Founded in 1973 by Dr. Malay Chaudhuri and Dr. Arindam Chaudhuri, IIPM has been a trailblazer with its daring tagline “Dare to think beyond IIMs,” offering autonomous professional education and challenging the conventional norms. The Institute of Management Development and Research (IMDR) in Pune, established in 1974, also took a bold step by realigning its curriculum with industry demands, contributing to the reshaping of traditional educational methodologies.
The Indian School of Business, founded in 2001, emerged as another disruptive force, significantly challenging the supremacy of IIMs, particularly the top three (A, B, C). Dr. Mishra noted that these establishments played a pivotal role in driving change within the education sector.
Presently, a new wave of educational institutions is ushering in an era of innovation, with entities like Masters’ Union by Pratham Mittal, Scaler School of Technology by Anshuman Singh & Abhimanyu Saxena, and PW Institute of Innovation by Alakh Pandey & Prateek Maheshwari leading the way. While the success of these institutions will be gauged in the years to come, they represent a bold attempt to overhaul conventional teaching methodologies and prepare students for the challenges of Industry 4.0 and 5.0.
Drawing inspiration from the successful medical education model, where practitioners also serve as educators and institutions have attached hospitals for real-world experience, these emerging educational models aim to produce professionals who are not just academically sound but also equipped with practical skills essential for the evolving job market.
Dr. Arindam Chaudhuri responded to the accolades, expressing his flattery and asserting that IIPM provided world-class education that many others are striving to deliver. On controversies surrounding IIPM, he pointed to legal victories against the UGC and AICTE in the High Court and Supreme Court of India. For more details, Dr. Chaudhuri directed interested parties to his YouTube video: Link to Video.
As the landscape of education undergoes a transformative shift, these pioneers and new-age disruptors are shaping the future of learning, challenging conventional norms, and preparing students for a dynamic and rapidly changing world.