IMT Dubai – Empowering your next move
The UAE retail industry is poised for solid growth over the next four years, owing to a lot of macro economic factors including non-oil sector boost, population boom, tourism and massive economic growth in the country, said a report.
Considering Arabian economies, UAE economy has witnessed spectacular growth in past few decades. This growth is majorly attributed to oil sector of the economy which not only contributes to national income but is also an important source of foreign direct investment (FDI), stated Ken Research in its latest publication on “The Future of Retailing in the UAE to 2020.”
Construction and tourism sector has also contributed to significant improvements in the economy. And in last three decades, retail sector has observed spectacular growth and development, said the report, which provides a snapshot of major retail sales and distribution channels gaining popularity in recent years.
The Retail Management concentration offered to the Bachelor students at IMT Dubai helps students with a practical know-how along with a theoretical understanding of retail management. It caters to the needs of the booming retail sector within the region and provides students with the appropriate knowledge and skills to take up responsibilities in various aspects of the retail industry.
According to Ken Research, the food and grocery sector received a maximum share of the industry. In today’s dynamic retail environment, we as a university understand the importance of innovative new strategies and ensure to improvise the program and train our students for the future of Retail in Dubai.
To help our students get there, we partner with big business hubs in the GCC and organize in company projects; internships and industry speaker who enlighten our students for current trends in the industry. We also make them corporate ready so that they can respond, and deliver the technology, solution, and expertise needed to stay one step ahead while staying in touch with constantly changing needs of the market.
Sunday 20th August 2017, a Memorandum of Understanding was signed between The Institute of Chartered Shipbrokers (ICS), M.E. Chapter and Institute of Management Technology Dubai (IMT Dubai), to foster education and industry collaboration between the two parties.
IMT Dubai, a top Business School in the UAE, is launching a Masters in Supply Chain and Logistics Management in February 2018. The IMT-ICS collaboration represents the commitment to educate industry-ready graduates who are academically and professionally strong to lead the shipping and logistics industry in the UAE.
The signing ceremony was attended by more than 60 ICS members. During the signing ceremony, Dr. Francois Therin quoted “With the strong presence of the logistics sector in the UAE and lots of our students specializing in this area, we are very happy to move further in our commitment with this industry through this partnership. Together with ICS, we will develop actions towards uplifting the shipping industry to the benefits of our students and of the current employees in the industry.” He added, “This agreement is fully aligned with the vision and mission of IMT Dubai for the next years”
Mr. Subarmaniam, CEO of ICS added “I’m delighted to sign this new agreement with IMT Dubai, which marks the commencement of our partnership. On behalf of ICS- ME I would like to extend a sincere thanks to the IMT Dubai and in particular Dr. Francois Therin for the excellent support they have provided for collaboration.” He commented “This MOU will facilitate the mutual sharing of best practices and expertise in learning of supply chain and logistics trends and research – pedagogy, and the professional development of our members.”
A captivating mentor and facilitator, most of which he does on a voluntary basis as a part of “giving back to the society”, Deepak Mehra is an asset to the fraternity not only as the Head of Advisory – Treasury Sales, Investment advisory & product at Commercial bank of Dubai but for all of us in IMT. His vision encompasses the objective of assisting b-school students and young professionals to transit in the corporate world. He has taken a further step in his already successful career by trying his hand at writing. His first book “Ready, Steady and go” is published by Jaico (India).
An interactive session with Mr. Deepak Mehra was very engaging and it included some of the very intrinsic concepts handpicked directly from his book. He first talked about how the real world out there is very different from the academic environment in which we dwell. He then highlighted some intriguing concepts from his 59 high-octane rules for personal success and discussed them. It included Be Sociable, Not Social, Passion Is out of Fashion, Think Like a Golfer, Get the Boss Equation Right, et cetera. Smile and sleep were the fascinating ones. Answering some of the most debatable topics like sleeping cycle and early risers, he rose the participation level of the lecture, to an entirely new level. He differentiated successful people like Bill Gates, Warren Buffet, from the mango man on grounds on these two parameters. The session was concluded on a high note, leaving the students highly motivated and clear about direction
This week, Corporate Relations Committee came in limelight with their first guest lecture on 2nd August, 2017. We had on board two eminent personalities, Mr. Abhilash Polassery and Mrs. Sanam Butani, two holding pillars of SPT Middle East.
Briefing a little about both of them, Mr. Abhilash, A Chemical Engineer with an MBA and proven capabilities gained through extensive experience in sales, operations, project management, technology transfers and joint ventures in the Petrochemical industry. Mrs. Sanam, on the other hand, a recent MBA graduate with extensive experience in the investment banking and financial services fields. Her skills and specialties includes Financial Modelling and Analysis, Capital Markets, Data Analysis and Venture Capital.
Their diversifying backgrounds and mixed lot of experiences dipped us into the real world. Sanam talked about her first layoff and how that was an incredibly powerful kick that taught her to keep moving forward. Abhilash Sir explained and related with students through his multiple career shifts from a plastic company to a non-profit.
This was followed by an intensive Q/A session where both the delegators patiently and elatedly answered.
Special Mention of IMT’s famous Alumnus, Mr. Nishant Singla, MD of Capital Connexions, who brought these two important personas in our campus and provided us with such an enriching experience.
Businesses today are competent, diverse, fast-paced and curious. With the 21st century workplace going global, the demand for competent and highly trained employees is on the rise. Tp give the students that edge IMT Dubai provides the students an option to gain international experience through the ‘study abroad’ and ‘dual degree’ opportunities by means of its partnership with 23 universities across the United States and Europe….
Since you are investing in your education and career you will need to find the program that addresses most (if not all) of your needs.
1. The Schedule of Your EMBA Program
The right program for you will have a schedule that can be accommodated with your current job and personal life. If attending the program means you’ll need to take a few days off for each session, you need to talk to your boss and find out a program that minimizes such conflicts.
2. The Course Content and Faculty
You should also be looking for a program that is constantly changing the curriculum to keep up with new trends in the business world.
You don’t want to attend a program that still follows an outdated curriculum, or is averse to change. Always remember that you need to get knowledge and not a stamp in your CV.
3. The Total Costs and ROI of the Program
You need to know how long it will take you to recoup all the money spent on your EMBA.
Some of the costs you need to keep in mind include tuition, housing when attending classes, any loss in income due to holidays taken, course materials, travel and meals.
4. International Exposure on Offer
Local markets are so interconnected with the international ones that understanding global trends and their application in local businesses is a highly sought after skill.
So attending an Executive MBA that teaches you about more than just the local business trends, and allows you to dig into international case studies, will certainly help you stand out.
While choosing an Executive MBA, you need to closely consider the costs (tangible and intangible) of the program, the flexibility of the schedule, the courses it offers and the diversity of the student body.
Are you planning to join an Executive MBA program?
Make the right and wise choice.
1. Can you tell us a bit about yourself and when you joined IMT Dubai?
I joined IMT Dubai 6 months ago from Paris, where I was the Director of a Business School. Prior to that, my career was international. I worked and lived in Canada, France, Australia, Oman and Malaysia. Most of my career was in higher education, with earlier the creation of a start-up when I was 17 years old. Since then, I have always been involved in developing entrepreneurship initiatives in higher education and elsewhere.
2. How do you define the Education industry in Dubai? What are the opportunities and challenges you face in this market?
The higher education industry in Dubai is thriving and this makes it very interesting. There are two types of institutions: the ones accredited by the Ministry (like us) and the others, mostly as international branch campuses. The higher education industry in Dubai is the image of the city: growing fast, very international and very oriented towards quality. There are plenty of opportunities here and it’s great to be able to be part of this dynamic environment.
3. We know that IMT is accredited by MOHESR, why is that important? What are the advantages of being accredited?
Being accredited first means that the quality of education students receive is regularly monitored in depth. IMT Dubai is audited yearly and any changes or new programs are carefully checked with the Ministry before we get their approval. This ensures that the education students receive are of high quality and on par with international standards. On top of this, getting an accredited degree is a must to work for a public or semi-public organization in Dubai. Finally, an accredited degree gives an easy recognition abroad if students want to pursue their studies in another country.
4. Please share your views on the evolution and innovation of the IMT programs. We heard that there is a new program launching soon? Can you share with us more information?
IMT is regularly revising its programs to make sure that graduates are always industry-ready. We get regular inputs from our alumni and from our corporate partners and design our programs based on their recommendations. One good example is the Master in Supply Chain and Logistics Management that we are launching in January with the support of professional associations and which corresponds very well to the development of this industry in Dubai and the region.
We are also adding to all our programs various activities related to the development of soft skills, creativity, innovation, project management, professional communication, along with sessions on personal and professional development, career development, design of CVs, how to make the best impression to recruiters, etc… It is linked also to having lots of corporates on campus; about once a week, we have a corporate event to help students connect better to the industry.
5. What makes IMT Dubai a top Business School in the UAE and worldwide?
IMT Dubai has proven for the past 11 years that it is able to transform students into professionals and managers in different industries; our 1000+ alumni are a living testimonial to this. We have a top notch international faculty, 100% have a doctoral degree and they come from various countries; India, France, Malaysia, Lebanon, Sweden, New Zealand, among others.
6. Who should come to study at IMT Dubai?
We welcome all students from undergraduate to executive level from all over the globe! Our programs are designed to transform individuals into industry ready professionals. Of course, students need to work hard at IMT Dubai, however, they will have lots of opportunities to plan fun academic and social activities through the various campus student clubs and committees that we consider fundamental to complement their studies.
You have been an inspiration for IMT Dubai since you joined, please share how have you managed to be a continuous learning expert to the staff and students — Tell us more about your management strategy in the Education Industry.
For the past 25 years, I have been an intrapreneur in higher education, always trying and developing new projects and ideas. I work for a business school, which is about learning and I apply that to myself also; continuously learning from the successes and even more from the past mistakes to make our business school better. It is very important to maintain a high level of motivation amongst the team members, and we have a great team at IMT Dubai!
7. Please share your experience and strategy towards the UN Global Impact Initiative just signed by IMT Dubai
IMT Dubai became recently a member of the UN Global impact initiative and PRIME; Principles for Responsible Management Education. Managers and future managers cannot anymore ignore the environment and the impact of their decisions on their surroundings and beyond.
Responsible management means that our students are trained on ethics, corporate social responsibility, and the future of the planet. It is a must nowadays and we are proud to be one of the few institutions in the UAE to be part of these initiatives.
8. What in your opinion is the future of education?
This is a very large question! For the past few years, we have seen the fast development of other forms of education, with MOOCs, and online learning. It has pros and cons and the idea that it would totally change the higher education landscape very quickly is not true for the moment. We still have a majority of students who want to come to a classroom setting and learn from and with their peers. New ways of teaching are of course important, and at IMT Dubai, we use them: we have smart boards, we use Blackboard, smart e-books, etc… We are very much aware of the evolution of the technology in higher education, but for degree-seeking students, it seems that the face-to-face format is still in-demand. Concerning higher education in the UAE, we are very excited to be part of it. It is developing very fast and Dubai is certainly one of the best places for higher education for us, and for students of course!
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