- Defence Minister Raj Nath Singh to IIM, Ranchi, students says
- ‘No success is final and no failure is fatal’
Ranchi/RAJ KUMAR: Defence minister RajNath Singh on Monday asked IIM students to take success and failure easily saying ‘no success is final and no failure is fatal.’ He was addressing the ninth convocation ceremony of the business school held virtually in Seminar Hall at its permanent campus on Monday as chief guest.
“Today Covid 19 has confined our physical connection, and technology has helped us stay connected, thanks to innovation. Take inspiration and use your imagination. IIM Ranchi has followed its core values of humility, hard work, and honesty for 11 years now. The students here have been achieving outstanding excellence, which shows the institutional excellence of IIM Ranchi. I wish the heartiest congratulations to all the graduating students. Always remember that no success is final, and no failure is fatal” he said.
Defence minister Singh emphasised that the future of any country depends upon the youth. During his speech he gave example of many eminent personalities such as Srinivasa Ramanujan, Nelson Mandela,Steve Jobs, Swami Vivekananda, Baudhāyana, Aryabhata, Varāhamihira, Brahmagupta, Charaka, Sushruta, Nagarjuna, Jai Singh.
“Youth is the source of Innovation, Invention and Ideasand India being a country with the maximum young population has the potential to become a very powerful country in future. Young talents from IIM Ranchi should help in promoting and strengthening local entrepreneurship with the help of technology so that local becomes global. Overall, apart from education we should also focus on developing research and problem solving methods. This will be beneficial for students, Institute and Country,” Singh said.
Singh further added as business leaders, students have the duty to ensure that their companies also provide benefits to the society where they operate. “While the government has tried to promote Corporate Social Responsibility spending by making it mandatory for selected large businesses the real expectation goes much beyond that. Businesses should contribute voluntarily to the development of the society in whatever way they can do best. The ultimate aim is a better future for the millions of people across the country through better education, nutrition and better healthcare,” Singh said.
He encouraged students to work towards ensuring the growth of the nation. “Students should work towards ensuring that the benefits of India’s growth story reach villages through the best minds in the country. IIM Ranchi is a nationally-acclaimed management institute, its primary responsibility is to help organizations, both government and corporate in enhancing their efficiency and effectiveness. Jharkhand state, which is IIM Ranchi’s catchment area has immense mineral resources and is the base of various large, medium and small enterprises. Many reputed public and private firms, particularly heavy industries are based in the state. They believe IIM Ranchi would be instrumental in helping these organizations in its home state,” he said.
He also asked students to maintain a balance between their personal and professional life. In times of confusion, he said, they should go through the golden pages of History. It has answers to all the questions and it is full of Knowledge.
IIM Board of Governors Chairman, Praveen Shanker Pandya on the occasion welcomed the defence minister and appreciated his approach to problem solving and his rich experience in academia.
He said, “Shri. Rajnath Singh is one of the most articulate, bold, and strong leaders and the right person for our defence. We are grateful to have him here. Our government made it possible for the country to control the pandemic. Also, I congratulate all the students graduating from this prestigious institute. IIM Ranchi has grown in a short period. Our goal is to be in the top 5 management institutes in India. A few years ago, we were in the top 30, and now we have reached the 17the position. I want to take it to a single-digit figure and then to the top 5. So, dream big and work hard to achieve it, and nobody can stop you from achieving it”.
He emphasized that young minds should become entrepreneurs and inspired students to set their goals and work towards them without looking left and right. He concluded by wishing the students all the best.
Prof. Shailendra Singh, Director, IIM Ranchi delivered the Welcome Speech and presented a brief report about the institute.
Congratulating all the graduating students across four programmes, he said: “The institute has performed outstanding, based on MHRD MOU criteria, and the students have brought many laurels to the institute, 60 awards, Tata Motor, Tata Steel, RBI awards, Bombay Stock Exchange, to name a few. We have signed 9 MOUs for the exchange programme, including the institutes from Greece, USA, Canada, China, and many more.”
He also emphasised the achievements of faculty members towards their research and publications. He asked students to learn to be thankful to those including their parents and elders who have made numerous sacrifices, and teachers.
Showing a three fold path for success with happiness he said: “Shift your focus from profitability to sustainability of enterprises where you work. Work for harmonious coexistence of the organisation, society and environment. Always imbibe behavior that reflects the core values of IIM Ranchi- humility, honesty and hard work.”
He mentioned that IIM Ranchi has taken several other initiatives, including undertaking impactful policy research, through the Atal Bihari Vajpayee Centre on Leadership, Policy and Governance (ABVCLPG) and the Birsa Munda Centre for Tribal studies that will focus on skill development amongst tribal communities.
IIM Ranchi is the ninth member of the prestigious Indian Institutes of Management family. It was established on December 15, 2009 under the Societies Registration Act, 1860, under the aegis of the Ministry of Human Resource Development, Government of India with the extensive support of the Government of Jharkhand.
The Institute has been accorded the status of ‘Institution of National Importance’ by the introduction of IIM Act 2017.
The event had chairman, director, faculty, staff, graduating students and their parents connected virtually. The convocation ceremony started with the Academic Procession followed by Saraswati Vandana, Lighting of the Lamp and National Song.
272 IIM students were conferred degree virtually
During the 9th convocation, degrees were conferred virtually on 272 students from the graduating students from the various programmes, such as:
PhD: 03 Students
MBA: 182 students
MBA- HRM: 66 students
Post-Graduate Executive Programme in Management (PGEXP): 21 students
The recipients of the awards were:
MBA (2018-20 batch)
First Position (Recipient of BoG Chairman’s Medal and Certificate of Merit)-Jasmeet Singh Bindra
Second Position (Recipient of Director’s Medal & Certificate of Merit)-Hutanshu Kamal
Third Position (Recipient of Chairperson’s Medal and Certificate of Merit)-Rahul Sinha
Fourth Position (Winner of Book Prize)– Thaker Khushal Hitesh
Fifth Position (Winner of Book Prize) Dimilkumar Narendrabhai Patel
MBA-HRM (2018-20 batch)
First Position (Recipient of BoG Chairman’s Medal and Certificate of Merit)-Surabhi Sethi
Second Position (Recipient of Director’s Medal and Certificate of Merit) -Kanupriya Jain
Third Position (Recipient of Chairperson’s Medal and Certificate of Merit)-Kodedela Haritha
Fourth Position (Winner of Book Prize) Gazal
Fifth Position (Winner of Book Prize) Writuparna Nath
Post Graduate Executive Programme in Management (PGEXP) (2018-20 batch)
First Position (Recipient of BoG Chairman’s
Medal and Certificate of Merit)–Kaushik Chopra
Second Position (Recipient of Director’s Medal and Certificate of Merit)-Ashish Chopra
Third Position (Recipient of Chairperson’s Medal and Certificate of Merit) Ankur Mandal
Fourth Position (Winner of Book Prize) Vishal
Fifth Position (Winner of Book Prize) Avnish Kumar
ICSI Signature Award – Gold Medal was awarded to Jasmeet Singh Bindra for securing highest CGPA in the MBA Programme.
Prof. Ashish Hajela Memorial Award was awarded to Alok Raj for securing highest GPA in the Strategic Management Area in MBA Programme.