(12PressRelease.com) Press Release
April 20th, 2011

IIM Lucknow inducts students in its 4th IPMX batch
Batch size increases from 48 last year to 67 this year
57 Engineers and ten others including 2 Doctors, 2 from media
8 female students (12% of the total)
The academic year of the one-year full-time, International Programme in Management for Executives (IPMX) 4th batch(2011-2012) commenced recently.

A batch of 67 students were welcomed by Dr. Devi Singh, Director, IIM Lucknow, Prof. Archana Shukla, Dean Noida Campus & Chairperson IPMX and Mr. M. Damodaran, Former Chairman, Securities and Exchange Board of India (SEBI).

The diversity in the new batch is reflected in several aspects:

The class of IPMX 2011-12 includes 67 students up from the 48 last year
The average work experience of the batch is about 8.5 years, with relatively fledgling careers and profiles. The maximum work experience is of 20 years.
The average age of the students of IPMX is 31.8 years.
The class has 57 students from Engineering background. The other 10 have diverse profiles including people from medicine, Media, Pharma, Agriculture, etc.
The class of 67 includes 8 female students with diverse backgrounds - from Electronics & Communication to media to medicine and IT and computer science. Around 12% of the class comprises of ladies.

Having a diverse set of candidates not only increases class learning but also helps students build a wider professional network. An eclectic mix of executives coming from diverse sectors and backgrounds makes it an interesting place to debate and discuss business-cases.

Mr. Damodaran in his inspirational inaugural address, urged the students to instill in themselves an entrepreneurial spirit which would lead to profits (earned legitimately and stated correctly), prosperity and therefore nation building. He said that money is not evil by itself but becomes evil when it becomes the master and the man becomes the slave of greed. He cautioned the students against such a situation. Mr. Damodaran‘s speech was interspersed with personal anecdotes and interesting examples that underscored the immense significance and need of ethical, value based decision making which can only be the hallmark of a true leader.

Prof. B.B. Bhattacharya, Vice Chancellor, Jawaharlal Nehru University, took a session on “Indian Economy in the context of current global scenario”. Prof. Sushil Kumar of IIM Lucknow took a session on "Emerging trends in Management Education",

An interaction with the alumni for setting the expectation of the programme also took place with Saurabh Chandra(IPMX, batch-01), Head-Business Development and Strategy, Qualtech Consultants and Chetan Yadav(IPMX, batch-02), Associate Vice President, MphasiS Limited.

Prof Manoj Anand and Prof. Neerja Pande also took sessions with the students on Case building and Placements. Prof. Archana Shukla undertook a programme on Transiting to IIML way of Life: Familiarization with IPMX Rules & Procedures.

About IPMX
The IPMX program is a 1 year residential program designed for mid/ senior level professionals to prepare them for leadership roles at IIM Lucknow's Noida campus. It aims at accelerating understanding of business at functional and strategic levels to prepare students to manage enterprises engaged in global business. A core component of the programme is an international module at one of institutes‘ partner institutes located in Europe / East Asia which will provide students the opportunity for an international learning experience to equip them with the knowledge and perspective relevant to current global business issues.