PGDM Course Architecture
BUSINESS LEADERS AGREE:
THE TRADITIONAL MBA/PGDM IS LACKING
90 interviews with leading CEOs and other senior business leaders told us that the standard MBA/PGDM curriculum is good at teaching theory, but fails to deliver graduates with soft skills and practical experience.
NIMT partnered with some of the world’s biggest employers to conduct a comprehensive study on the effectiveness of today’s standard MBA/PGDM curriculum. Our researchers interviewed CEOs, senior executives, and hiring managers from major MBA/PGDM employers to understand exactly what they were looking for. The feedback was nearly unanimous. MBA/PGDM programs should continue to teach business theory, but also properly prepare their graduates in two essential areas:
1) MBA/PGDM programs must address the fact that their graduates often underperform in their job because they lack essential interpersonal “soft” skills to lead teams and manage complex projects successfully.
2) MBA/PGDM programs must provide their students with real-world business experience so they are already adept at applying theory to practice by the time they graduate. At NIMT we provide the hard skills training every MBA/PGDM Graduate needs, but also have integrated soft skills and practical training across the curriculum in a significant and impactful way.
Problem one: MBAs don’t learn interpersonal soft skills
Employers told us that knowing how to get things done is as important as knowing what to do. Though most MBA/PGDM graduates have the knowledge base and hard skills to get the job done, 50% fail to meet performance expectations in their first year. Why? They lack crucial interpersonal skills such as the ability to communicate clearly, motivate a team, and resolve conflicts. Most traditional business programs act as if these soft skills are innate qualities that students either possess or do not. NIMT disagrees. We believe they are competencies that can be learned and improved through practice and constructive feedback.
Problem two: MBAs don’t graduate with practical experience
Today’s business world moves fast and is inherently complex and ambiguous. Employers felt strongly that while business theory can be learned using the traditional case study methodology, case studies all too often make enterprise look easy—because the data is complete and accurate. Employers seek to hire graduates who have firsthand experience of how “messy” the real world can be, who can function in this uncertainty, and who can make sound decisions under pressure.
NIMT believes that an essential component of any MBA/PGDM curriculum must be significant practical experience based on real-world situations, supported by professional mentorship.