Jaipur: In one of the world’s largest strategy and management competition, Global Management Challenge (GMC) organized by SDG- Simuladores e Modelos de Gestão, IIM Udaipur became the National Finalists for GMC India 2020. GMC consists of a management simulation where corporates and B-schools participate as teams and manage a virtual company for over five weeks. Their target is to achieve the highest investment performance for the company’s shareholders. In this year’s management competition where all top B-schools of India, including IIMs, participated, seven teams from IIM Udaipur reached the National qualification round, out of the 54 selected. Further, eight teams were declared as the National finalists, out of which IIMU GSCM (Global Supply Chain Management) was one of them.
Prof. Janat Shah, Director, IIM Udaipur added, “It is heartening to see our efforts towards developing the entrepreneurial capabilities of our students translating into such wonderful results. We are committed to developing managers and entrepreneurs who will be tomorrow’s leaders. This prestigious accomplishment is important for the Institute as we work towards our 2030 Vision of being a Global Management School.”
With 40 editions of GMC, there are about 30,000 participants globally from over 35 countries that take part in the competition every year. GMC India 2020 is a 10-week long competition that commenced on 18th September 2020. The competition featured 3516 students and corporate managers and 768 teams from the field of Academia and Corporates.
IIMs around the nation have a proud record of quality and accomplishment. Well-poised to carry forward this illustrious legacy, IIM Udaipur is breaking new ground by focusing on world-class research, transforming the learning experience for students who will be managers and leaders of tomorrow. IIM Udaipur arrived on the global education stage by getting milestone accreditation from the AACSB (Association to Advance Collegiate Schools of Business) in merely eight years of its establishment. With this prestigious accreditation, IIM Udaipur is counted in the same league of global institutes like Harvard Business School, Wharton School at the University of Pennsylvania, and the MIT Sloan School.
IIMU is currently ranked fourth in India, after ISB, IIMA and IIMB, for research in the field of management according to the methodology used by UT Dallas which tracks publications in the leading global journals.