Alumni's Industry Institution Connect – Impactful Insights in Institutional Building: A Case Study Approach in Management Education

International Journal of Economics and Management Studies

© 2022 by SSRG - IJEMS Journal

Volume 9 Issue 6

Year of Publication : 2022

Authors : Keerti G. Kulkarni, Anand Ulaya, Sunilkumar R. Hiremath

10.14445/23939125/IJEMS-V9I6P104

How to Cite?

Keerti G. Kulkarni, Anand Ulaya, Sunilkumar R. Hiremath, "Alumni's Industry Institution Connect – Impactful Insights in Institutional Building: A Case Study Approach in Management Education," SSRG International Journal of Economics and Management Studies, vol. 9,  no. 6, pp. 19-27, 2022. Crossref, https://doi.org/10.14445/23939125/IJEMS-V9I6P104

Abstract:

The success of any management institute is attributed to constituents in the alumni association, support, and consultancy. An effective management institute is driven by continuous assistance, consultancy, and contact, which in turn helps the Institute flourish in a favorable working environment. The 21st -century management institutes urge to keep a healthy relationship with alumni as they churn out to be the reason for success in the grooming of several other graduating management students who aspire to grow and sustain in better ventures in this new age. The fuel that stems from the support and assistance from the Institutes is also inevitable in driving the students into agile entrepreneurs. Career guidance, placement assistance, and establishing a strong alumni association are several such add-ins that naturally would lead to a better relationship building between the Alumni-Industry-Institute Interface. The paper discusses the key role of the alumnus in helping the management institutes build a strong network and create a new age entrepreneur. A strong need for entrepreneurship development cell in management institutes is a need of an hour since the business dynamism evidences the growth prospects, which are also observed as a part of studies in this research. A case study approach is implemented, which deeply learns the experiences of how the management teaching methods have been inspirational to alumni and enabled them to establish their ventures. The findings from the observations reveal interesting skill-sets stated by the alumni entrepreneurs who were found to be significant and a strong belief that these skill sets are needed to prosper and build competencies.

Keywords:

Student Entrepreneurship, Alumni Entrepreneurs, Alumni-Institute Interface AII, Entrepreneurial encouragement, Skill-sets.

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