Phase 1

The Fundamentals and Field

(Starting on the right foot)

FIRST TERM & VILLAGE FIELDWORK SEGMENT (VFS)

The courses in the first term cover some of the fundamentals of the management discipline and subjects that aid and provide tools for understanding and practical application in the Village Fieldwork Segment. The core courses during the first term include Business Statistics and Analytics, Microeconomics, Organizational Behavior, Financial Accounting and Rural Society and Polity. Implementation-oriented courses such as Participatory Rural Appraisal and value-added courses such as Gender and Development Lab equip the students to undergo the Village Fieldwork Segment wherein they will be gaining first-hand experience to understand rural life and society by spending seven weeks in the village.

The VFS consists of three distinct components: Exploratory Study of the Village (ESV), Rural Action Component (RAC) and Theme P-aper (TP). ESV is designed to give students a deeper understanding of crucial rural development themes such as health, education, governance, land tenure, agriculture, livestock, employment and business structures, and financial inclusion. Under the RAC component, participants execute a small action-oriented task assigned by the host organization. For the Theme Paper, the students must study and highlight any village specific issue and give th-eir recommendations for the same.

Phase 2

The Functionalities of Fundamentals

(Keeping the ball rolling)

SECOND & THIRD TERM

The courses in the second and third terms comprise the different functional areas of management and help the students develop an advanced understanding of the management discipline and development field through the integrative core subjects. The core subjects in these two terms include Macroeconomic Perspectives, Understanding Organizations, Production and Operations Management, Human Resource Management, Financial Management, and Marketing Management. Spreadsheet Modelling, a value-added course, provides students with an experiential learning opportunity. The Development Theories course in the second academic term aids in the students’ understanding of the development field.

SUMMER INTERNSHIP SEGMENT (SIS)

(Taking control)

The Summer Internship Segment (SIS) is a nine-week long internship program scheduled from June through August of the PGDM-RM program. The SIS aims to provide students with an opportunity to work closely with experienced managers incorporate and grassroots organizations. Students develop practical skills and gain a realistic idea of the managerial functions of various organizations and development interventions. The SIS also offers scope for application and appreciation of theories, tools and techniques learned in the classroom and the Village Fieldwork Segment. Hence, SIS acts as a prelude to what the students are likely to encounter in their careers as managers.

Phase 3

Reflection and Execution

FOURTH, FIFTH AND SIXTH TERMS

In the last three terms, elective courses build on the foundational subjects and help students develop expertise in specific practice areas. This allows students to reflect on their learning from previous terms and build higher-order management skills. This is established through courses like Strategic Management, Project Management, and Managing Collectives. Students are given the freedom to judiciously choose electives that would shape their IRMA journey during these terms.

Furthermore, there are electives aimed at providing an in-depth understanding of various paradigms of management and development processes such as Corporate Social Responsibility, Monitoring and Evaluation, ICT for Development, and Microfinance as well as those that build a critical perspective on business domains such as Sales and Distribution Management, Agribusiness, Quality Management, Supply Chain Management, Social Marketing, Brand Management, and Strategic Sourcing Management.