Know all about LM Thapar School of Management: Interview with Dr Padmakumar Nair (Director)

LM Thapar School of Management (LMTSM) was established in 2007 in Dera Bassi, Punjab. LMTSM is a constituent college of Thapar Institute of Engineering and Technology, Patiala. The institute has a tech-savvy campus, set on a sprawling area of 33 acres of land, to attract students from all across India. LM Thapar School of Management offers various postgraduate (PG) level degree programmes like Master of Business Administration and MBA – Business Analytics and Big Data programmes.

Careers360 brings you an exclusive interview with Dr Padmakumar Nair, Director - LM Thapar School of Management. In his interview to Careers360, Padmakumar shares various details about the institute like LMTSM admission process and other important details. Go through the complete article to know more about LM Thapar School of Management Punjab.

Careers360. Tell us something about the institute; when it was set up, vision and mission.

Dr Padmakumar Nair. Grounded in the ethos of social entrepreneurial mindset and sustainability, LM Thapar School of Management is a leading business school set up in 2007, committed to developing professionals who are adept at creating and propagating sustainable and ethical management practices. Positioned as “The Business School of New India”, LMTSM is led by an objective of developing corporate and community leaders for defining and building the new India, and ultimately the new world of our dreams. Following are the key elements of our strategic intent:

• Mission: To develop globally sensitive, excellence seeking management professionals with a social entrepreneurial mindset.

• Vision: To be a source of impactful ideas for influencing management education and business practices through research, teaching, consulting and corporate & community engagement.

• Motto: Initiate, Innovate, Inspire, Implement

• Programme Educational Objectives: Enable our students to: understand global business and management practices; develop a ‘do it better than before’ mindset; and find solutions for social and organizational issues in sustainable and entrepreneurial ways.

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Careers360. Tell us something about the admission process.

Dr Padmakumar Nair. LMTSM admission to the MBA and Master of Business Administration – Business Analytics & Big Data programmes is highly competitive, and is based on a comprehensive assessment of the intent and ability of the applicant to pursue a formal learning program in management. Candidates are evaluated on the basis of:

• Professional Readiness: measure through statement of purpose and admission interview

• Academic Readiness: measured through performance in standardized management admission entrance tests (CAT/ XAT/ NMAT/ GRE/ GMAT/ CMAT/ MAT/ SNAP/ Thapar Management Aptitude Test)

• Academic History: measured through academic performance in 10th/ 12th/ Graduation.

Careers360. What kind of infrastructure can students expect at the institute? Please elaborate.

Dr Padmakumar Nair. LM Thapar School of Management realizes the significance of an infrastructure that promotes wholesome, contemporary and technology enabled learning. The institute was set up in 2007 under the flagship of Thapar Institute of Engineering and Technology (Deemed-to be-University).

The Institute is well maintained with a fully air conditioned academic block comprising large classrooms, conference halls, board rooms and an auditorium. The classrooms have multimedia equipment with large seating capacity. It has a residential facility for over 500 students and the hostels are equipped with modern state-of-art amenities. The hostels are guarded 24*7. The institute has high speed internet connection in each block for students. Each block has separate arrangements for drinking water and bathrooms with geysers. The school has a state of the art library with more than 8000 Books, 23 Periodicals and Magazines, including management, science and philosophy; a vast collection of art films and DVDs. Students are also eligible to access the vast resource pool at the Nava Nalanda Central Library at TIET campus, Patiala. There are 20 plus machines available in both Gym and Cardio sections. The sports enthusiasts are facilitated with different games. There are separate Volleyball, Football, Badminton, Table Tennis, Cricket, Basketball fields and a running course.

See Also: LMTSM Facilities

Careers360. There is a lot of stress that is being made with regard to interaction with the industry as well as companies that recruit. What are the steps being taken by the institute in this direction?

Dr Padmakumar Nair. One of the defining features of the curriculum at LM Thapar School of Management is its focus on experiential learning through a strong industry interface. Students are encouraged to take up live projects in various sectors, the main ones being: BFSI, Logistics, Business Analytics, Manufacturing, Consumer Durables, FMCG & Retail, Technology Management & Education Services. These projects aid practical ‘on-site’ learning and empower students to corroborate their in-class learning with real life organizational challenges. Apart from project-based interaction, companies engage with the Institute on a regular basis, in the following ways:

• Industry Insight Sessions: Company professionals interact with students to educate them on the opportunities and growth areas in respective domains/ sectors.

• Company Visits: Organizations invite students at their office locations or manufacturing/ service facility.

• Guest Speaker Sessions: Corporate guest speakers and volunteers conduct on-campus sessions for providing meaningful inputs and sharing experiences.

• Pre-Placement Sessions: Professionals visit the campus for presenting learning, growth and career progression avenues at their respective originations.

Quick Link: LMTSM Reviews

Careers360. Internships are now mandatory as per AICTE guidelines. Does the institute help students with this? If yes, how?

Dr Padmakumar Nair. LMTSM acknowledges the importance of internships for facilitating pragmatic and project-based learning. In this direction, efforts are initiated in the first semester itself through regular interaction with the Employability Team, which organizes sessions with respect to internship opportunities and prospects. The team strives to generate internship avenues for students through its strong industry liaison. Further, the Centre for Training and Development LMTSM conducts a functional proficiency test in the beginning of the second semester to help students identify their most suited function of management, enabling them to focus on internship opportunities in the identified function of management. Top institutions, consulting organizations, consumer products manufacturers, financial institutions, and technology companies are among those firms which offer internships to LMTSM students.

Other Important Link: LMTSM Q&A

Careers360. Can you please share details if there is any collaboration with universities abroad?

Dr Padmakumar Nair. LM Thapar School of Management boasts of a vibrant Global Immersion Programme, which provides opportunities to students to view business in the international context. The Institute partners with 15 plus international universities for summer internships/ semester exchange programmes, offering an immersive and experiential learning in a global set-up. Some of our partner universities are:

• University of Toledo, USA

• Rowan University, USA

• University of Tel Aviv, Israel

• University of Twente, The Netherlands

• University of New South Wales, Australia

• The University of Tampere, Finland

• University of Texas, Dallas, US

• VU University, The Netherlands

• The University of Queensland, Australia

• University of Malta, Malta

• Danube University, Krems, Austria

• Eotvos Lorand University, Hungary

• Kathmandu University School of Management, Nepal

LM Thapar School of Management is also a signatory to the United Nations charter Principles for Responsible Management Education (PRME) - an ambitious UN initiative to instill ethical and responsible management education.

Careers360. Please share placement statistics with information on the average package, highest and lowest package, number of students placed and details of companies that have recruited.

Dr Padmakumar Nair. The Employability Team of the institute is dedicated to providing 100% placement opportunities to all students. The goal of the institute is to provide all students with resources and opportunities to successfully match their skills and interests with a potential employer. Students are trained for employability challenges through carefully crafted training programmes. The institute is able to attract a good number of recruiters across different domains and areas of management. Some of the key recruiters are: American Express, KPMG, PWC, Deloitte, EY, Nestle, Hyundai, MRF, TCS, Siemens, Tech Mahindra, FedEx, Havells, IndusInd Bank, ITC, Asian Paints, Accenture, Amazon, HDFC Bank, Wipro, Reliance Industries, Kellogg’s, Axis Bank, Mitsubishi Electric, Newgen, Blackstone, RBL Bank, Hero, ZS etc.

LMTSM Placement Stats

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