Addressing the AIMS Management Convention on Day 2, Mr Biyani said, B-Schools were first established about 100 years back in the industrialization era. Today services dominate the markets. B-schools need to innovate on their curriculum and teaching methodology. He added, In the Indian context, what they are teaching is not very relevant in the changing business dynamics in India, where youth dominate the market composition and their aspirations are changing very fast.

Strategym, the Annual Business Convention of JBIMS is in its 15th year and promises to be bigger and better than before, says JBIMS. Strategym is a platform for talented students to showcase their acumen to the outside world. In sync with this Strategym provides JBIMS students with an opportunity to present their research papers on diverse topics and has luminaries from industry to judge these papers. The icing on the cake is the fact that in many cases these papers have been used and implemented by the corporate world.

Said Swami Parthasarthy, Executive and managers need to develop and use intellect, rather than merely rely on application of mind when solving everyday business and personal issues. Intellect if the faculty reasoning everything, asking questions, and not accepting the status quo.

Giving his three mantra for success in corporate and personal life, Swami Parthasarthi said, Concentration, Consistency, and Cooperation are three pillars of lasting success. Executives arent focused on a clear purpose, and hence a lot of their energy is wasted.

said Dr Dan le Clair, VP & Chief Knowledge Officer of AACSB International. Dr Clair added, Some Indian B-schools are concerned about quality. At present 19 Indian B-schools have become members of AACSB International, and have committed to improving the quality.

Aspirants are busy burning the proverbial mid-night oil to ace the CAT, and have a lot of questions on test format and problem solving techniques. MBAUniverse.com Aspirant Zone, our dedicated platform for MBA-Aspirants, will organize Live Expert Chat on September 2, 2008 with CAT experts from Indias leading test prep companies. MBA-Aspirants can logon to MBAUniverse.com Chat and get their questions answered directly from the top gurus.

The renowned leaders were includingMr K V Kamath, Managing Director & CEO of ICICI Bank; Management thinker and Professor at US based Tuck School of Management, Dr V Govindarajan and many more. Indias leading management portal MBAUniverse.com is the Official Management Portal of the Convention. Click here for pictures from the Convention. http://mbauniverse.com/newsInPictures.php?catId=35

Thats the message from noted management thinker Dr V Govindarajan while addressing the 20th AIMS Management Convention.Said Dr Govindarajan, With demographic &technological changes sweeping the world, the futureof business will be very different from past. Indian companies that focus on future, rather than past,will have a change to emerge as global leaders.

Thats the message coming from Mr K V Kamath, MD & CEO of ICICI Bank when he delivered the Inaugural Address at the 20th AIMS Annual Management Education Convention.

Said Mr Kamath, Indian industry has transformed from a manufacturing focused economy of the 1980s to knowledge and services focused. We are growing rapidly at 9%. Is our business thinking and practice keeping pace with these changes? He added, Indian education thinking and curriculum needs a fundamental re-thinking right from the grass root level.

The convention is being held at Mumbai based Welingkar Institute of Management Development & Research on the theme: Nurturing Thought Leadership through Management Education.

Delivering the presidential address, Dr Uday Salunkhe, Director, Welingkar Institute of Management Development & Research, said, Management education sector needs a facelift. We need to focus on quality of education and relevance to industry needs.