IMC 2023 whitepaper, “NEP 2020: Pathways for standalone B-schools”

October 17, 2023

SPJIMR and bring Global Thinkers, CXOs, Academic Leaders to decode Future of MBA Education

Organised by in partnership with Bharatiya Vidya Bhavan’s S. P. Jain Institute of Management and Research (SPJIMR), 13th Indian Management Conclave (IMC) 2023 was held successfully on October 13-14, 2023 at the SPJIMR Mumbai campus. IMC, India’s biggest annual management education conference, featured thought-provoking discussions and presentations on the theme, “Business Value Creation in the Age of Disruption: Implications for Management Education.”

IMC 2023 brought together a distinguished gathering of industry leaders, policy makers, renowned academicians, and business professionals to delve into the evolving landscape of management education in the digital age. The conference was organised by in partnership with SPJIMR, reflecting the institution’s commitment to fostering dialogue and innovation in the field of management education.

A significant highlight of IMC 2023 was the release of whitepaper, authored by Mr. Amit Agnihotri, Founder of IMC and, titled “New Education Policy 2020: Pathways for Standalone B-Schools”. Releasing the whitepaper at the valedictory session, Dr Sitharam said, “We recognise the important role of standalone B-schools, particularly PGDM B-schools. AICTE welcomes the suggestions made by this whitepaper. We will review the recommendations and utilise them for future MBA and PGDM programme policy planning.”

Earlier, the event commenced with an inaugural session that featured keynote addresses by prominent figures in the business world. Mr. Harsh Mariwala, Chairman of Marico Limited, delivered an impactful keynote on the changing landscape of business value creation, highlighting the strategic initiatives that organisations must undertake to drive sustainable growth. This was followed by an enlightening international keynote address by Dr. Keryn Chalmers, Dean of the School of Business, Law, and Entrepreneurship at Swinburne University of Technology, Australia, and President of the Australian Business School Deans Council (ABDC).

Prof. Varun Nagaraj, Dean, SPJIMR Mumbai, reflected on the event, emphasising, “IMC 2023 stands as an exceptional platform for profound discussions and insights into the ever-evolving landscape of business value creation within our dynamic environment. Hosting this conference provided a unique opportunity to convene thought leaders and experts who shared invaluable perspectives. SPJIMR’s enduring commitment to fostering excellence in management education and aligning our programmes with the evolving requirements of industry and society remains steadfast.”

Introducing the conference theme in his welcome address, Mr. Amit Agnihotri, Founder of IMC and, said, “Over the past two decades, Technology and Digitisation have revolutionised business practices, and the ascent of Artificial Intelligence will amplify this transformation. How should B-schools reshape their objectives, curriculum and pedagogy in response to these monumental shifts? This essential inquiry is our focus at IMC 2023. Thus, the theme for IMC 2023 is “Business Value Creation in the Age of Disruption: Implications for Management Education.”

Over the course of two days, IMC 2023 featured a diverse array of sessions, including industry-specific case studies, panel discussions, and international keynote addresses. Renowned industry leaders provided their perspectives on business value creation in sectors such as Banking & Financial Services, Consulting, IT & Business Process Outsourcing, and Digital Platforms & Enablers.

The conference also featured sessions on the implications of the National Education Policy 2020 for stand-alone B-schools, offering valuable perspectives on the evolving landscape of higher education in India.

IMC 2023 concluded with a valedictory session featuring addresses by prominent dignitaries, including:

Bharat Bhasker, Director of IIM Ahmedabad, who shared insights on the future of management education in India.

T. G. Sitharam, Chairman of the All India Council of Technical Education (AICTE), who provided valuable perspectives on NEP 2022 and the challenges and opportunities facing stand-alone B-schools.

Soumitra Dutta, Peter Moores Dean and Professor of Management at Saïd Business School, University of Oxford, UK, who presented a global perspective on MBA education in the age of disruption.

IMC 2023 received an overwhelming response from attendees, and the discussions have set the stage for future collaborations and initiatives in the realm of management education.

For more information about the 13th Indian Management Conclave (IMC) 2023, please visit

S. P. Jain Institute of Management and Research (SPJIMR) is a constituent of Bharatiya Vidya Bhavan (BVB), India’s acclaimed and oldest educational trust. With its unique and distinctive approach to management education, SPJIMR aims to influence managerial practice and advance wise innovation through its teaching, research, and community engagement. For media inquiries, please contact

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