change mngmt

7/30/2019 Change Mngmt

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CHANGE MANGEMENT

ADMISSION PROCESS

BY

ANKIT DALAL

CHARU PURI

MUDIT CHATURVEDI

SAURABH KUMAR

SHRUTI BAHETY

VANSHIKA AHUJA


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Relevance and the importance of the issue under study

The issues under consideration are:

Whether the change in the admission process 2012 and onwards needed

Whether the new admission process been able to bring about more

impact than the old one

If not what are the changes still required to make it beneficial to all the

stakeholders

Efficient admission process reaps out the following benefits:

Selects the best suited candidate for program offered

Good Selection will give students that will do better justice to the program

and will help bring in healthy competition viz a viz intra-college and inter-college

Good quality graduated students who would be able to lead as managers

when they work It will help in the branding of the Institute because of the quality of the

students being graduated

It will help in making IMI one of the competitive schools amongst other B-

schools

Overall growth of the Institute that will be beneficial for all the

stakeholders i.e. students, faculty, management, employees, recruiters


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Management

RecruitersStudents

Faculty

Admission

Process

Faculty

Competitive and

talented students will

help faculty in their

researches

With more competitive

students, even faculty

will learn more and it

will help increase their

knowledge

Management

Management will reap out the benefit from better

brand name and hence the ROI shall be more.

It will make IMI be visible among other B-schoolsand help rank higher than the previous ranking

Students

Higher competition

will help the students

to extract more from

within themselves

that will lead to higher

performance

Recruiters

Recruiters will be able

to find better suited

candidates and hence

the chances for a bad

hire will be reduced

Recruiters will be able

to find the leaders from

the pool of talented

students and not just

managers


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Consequences if the issue is not addressed

1) Brand name of the Institute will be affected

2) An institutes output is the quality of students they produce and if it is not good the institute

will not be able to sustain in the long run

3) Credibility of the institute will be lost and hence it will affect the quality of MBA aspirants

applying for the courses

4) Relationship with recruiters will be hampered if the quality of applicants decreases

5) Eminent faculties would not like to associate with the college

6) Institutes revenue generating activities like MDPs, Training etc will be hampered

7) Good Foreign Institutes will not like to associate themselves with a college that has lower

quality of students that will affect students exchange program


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Current status of the issue: through diagnostic research

Plenty of students (34%) were

not convinced with the

inclusion of the psychometric

test as it can be fudged

Cut off percentile for the

programs was reduced to 85%ile

for PGDM-HR and 92%ile forPGDM.

Inclusion of the Extempore and

Psychometric test

Mayers Briggs type indicator was

used as the psychometric tool.

Case study based GD should

be included in the selection

process

Other activities though were

well received by the students

Change in Selection procedure Reaction of students

Written Exam

Psychometric testing

Extempore

Interview

Selection

Process


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Proposed set of activities to address the issue

%ile cut off should be increased ; will sent the messageto student fraternity that IMI is at par with the other

premier B-schools thus adding to its brand value.

Case study based GD should be included in the process

Students and other Admission Committee members

should be more active on the social media

Real time waitlist movement to be included in the

website. This practice is there in various B-schools likeXIMB where an aspirant can track the waitlist

movement on real time.

Include IMI in the SBI scholarship list and tie up for loans

with other banks for the assistance of education loan


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Strategic processes

Communication:The admissions blog should haveequal participation of students and professors

Innovation: Thinking outside the box and using

methods such as online waitlist, videos on a day inthe life of an IMI student

Diffrentiation: With regard to high percentile andGD formats , we need to diffrentiate to send across

a message about the intellectual capital

Simplification : Students want a simplified process

which is streamlined and objective. this also helpsin better management of the process.


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