IIM Indore’s Director, Prof. Himanshu Rai, shared delight over the collaboration with the Adam Smith Business School, University of Glasgow, and the launch of the programme. He said that the programme’s comprehensive curriculum is structured to achieve specific learning objectives, including the development of entrepreneurial capabilities and the identification of growth strategies. ‘In today’s rapidly evolving business landscape, the need for entrepreneurial skills has never been more crucial. This five-stage course is meticulously designed to equip entrepreneurs with the knowledge and skills necessary to thrive in today’s global environment’, he said.
The five stages will ensure a seamless and comprehensive learning experience. The programme will begin with a five-day on-campus residential session at IIM Indore, followed by three months of online live classes jointly delivered by IIM Indore and the University of Glasgow in the second and the fourth stage. The third stage comprises a five-day immersive experience at the University of Glasgow, offering participants invaluable insights from leading UK-based faculty and entrepreneurs. Finally, in the fifth stage, the participants conclude their journey with three days of sessions at IIM Indore, consolidating their learning and preparing them for entrepreneurial success in today’s global landscape.
‘Throughout the programme, participants will have the opportunity to interact with entrepreneurs through the extensive networks of both IIM Indore and the University of Glasgow, fostering collaboration and knowledge exchange. This collaboration represents a significant step forward in providing entrepreneurs with the tools they need to succeed in today’s competitive business landscape’, added Prof. Rai.
Prof. Eleanor Shaw, Head of Adam Smith Business School, also shared delight over this collaboration. ‘This joint Executive Education programme is evidence of the fantastic relationship our two schools share, and the joint ambition of our respective colleagues to draw on their excellent research to design a programme for ambitious entrepreneurs and those involved in leading family businesses’, she said. The programme will provide practical insights and access to proven approaches and toolkits to support the development and growth of entrepreneurial firms in India, she affirmed.
Prof. Robbie Paton, Deputy Head of Adam Smith Business School, Director of Development noted that this programme targets young and ambitious entrepreneurs looking to build their own, or their family business, into a regional, indeed global, player. ‘This venture plays to the strengths of both partners; it focused on leadership, innovation, digitization and engaging growth strategies, to deliver a programme of sustainable and impactful business development’, he said. He also mentioned that both institutions have been developing a close relationship for several years, both in research and teaching.
Prof. Nuran Acur, Director of Research, Adam Smith Business School said that this programme draws on the latest research in terms of innovation, strategy, leadership, and digital transformation to provide practical insights and real-world examples to help participants understand the unique dynamics and challenges faced by entrepreneurs and family businesses, and how to navigate them effectively for sustained growth and success.
Participants will engage in a dynamic learning experience, blending conceptual teaching, case studies, hands-on activities, and real-world examples. The programme’s methodology emphasizes practical methods for business transformation, culminating in the creation of a comprehensive three-year business plan.
About IIM Indore
Established in 1996, IIM Indore is among the 100 global business schools (and the second IIM in the country) to receive the prestigious Triple Crown in the form of accreditations from EQUIS, AACSB, and AMBA. IIM Indore has been consistently ranked at the top by various National and International ranking agencies, including NIRF, QS, and the FT-100 rankings. The institute offers a diverse set of executive education opportunities, spanning several long-term and short-term courses. With a robust offering of 200+ executive programmes, including specialized courses tailored for the UAE, GCC, and the Middle East, IIM Indore empowers professionals with globally relevant skills and expertise. Presently, IIM Indore is ranked 8th in the NIRF ranking (a Ministry of HRD, Government of India initiative), 79th in the FT-100 rankings (4th in India, 3rd amongst IIMs), and 25th rank (Asia) in the QS World Rankings for our global MBA (151+ world, 5th in India, 4th amongst IIMs).
About Adam Smith Business School, University of Glasgow
Established in 1451, the University of Glasgow stands as the fourth oldest English-speaking university globally, consistently ranked within the top 100 by QS University rankings. Named after renowned alumnus Adam Smith, the Adam Smith Business School holds the prestigious triple-crown accreditation from AACSB International, EQUIS, and AMBA. Internationally recognized, the School boasts top rankings, including 49th globally for its Master in Finance (Financial Times, 2023), 48th for Masters in International Strategic Marketing (QS, 2023), and 23rd for Master of Global Business (QS International Trade Rankings, 2023). Nationally acclaimed, its Accounting & Finance ranks 4th in the UK (Complete University Guide 2024).
