MUMBAI, December 21, 2015 /PRNewswire/ --
SPJIMR has won the 2015 MOC Team Project Award, an international recognition that was handed earlier this month to the Chairperson of SPJIMR's PGDM programme, Prof. Vasant Sivaraman by the legendary Prof. Michael Porter of the Harvard Business School.
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MOC stands for Microeconomics of Competitiveness, a course based on materials developed by the Institute for Strategy & Competitiveness at Harvard.
Prof. Porter of the Harvard Business School is the Director of the School's Institute for Strategy and Competitiveness. He handed the award to Prof. Sivaraman, who received it on behalf of the winning student team at a ceremony at the Harvard campus in Boston, Massachusetts on December 9, 2015.
The student team comprised Akash Singh, Amruta Bhandari, Deepesh Kaushik, Saurabh Jain and Yogesh Mantri of the PGDM Class of 2015. The team project, submitted as part of the MOC course, analysed the powerloom cluster in Ichalkaranji, a town in Western Maharashtra State, and made recommendations using the MOC tool kit.
The course, initially designed for students at Harvard, has grown over time to become a platform for educational institutions and locally trained professors to teach around the world. The MOC course explores the determinants of competitiveness and successful economic development viewed from a bottom-up, microeconomic perspective.
SPJIMR is the only B-School in India which is an affiliated member of Harvard Business School's MOC Network for the past few years. As a part of this affiliation, an elective covering the subject of MOC is taught to students of the two-year Post Graduate Diploma in Management (PGDM) and the one-year Post Graduate Programme in Management (PGPM) at SPJIMR.
As a part of the MOC elective, students are required to analyse a cluster and arrive at recommendations for upgrading its competitiveness using MOC tools and frameworks.
Prof. Vasant Sivaraman, who is the lead Professor teaching the course at SPJIMR, said: "MOC is a fast emerging school of thought based on an approach to competitiveness and social progress. The MOC frameworks are increasingly in use globally across the areas like policy making and action-oriented research."
"Work done by student groups are impact oriented to upgrade locations and clusters. The winning team of this year's award is evidence of such work," Prof. Sivaraman added.
A member of the winning student team, Saurabh Jain said: "The MOC project started off as just another academic project. But as we got more engrossed in it, the practical aspects and applicability of concepts started hitting us. This motivated us to do even better, and one thing led to another. I think, the efforts put in by team members and faculty, along with the different ways each of us individually looked at the same problem, helped us cover all aspects."
Every year, Harvard Business School's Institute for Strategy & Competitiveness hosts a competition where institutions affiliated to the MOC network submit one entry each. Out of these, the best project is selected. The project requires the participants to study and analyse a cluster and give recommendations to improve its competitiveness.
MOC course was conceptualised in the year 2002 and currently the network has 107 active affiliated institutions from around the world, 51,053 alumni and 264 faculty members.
About SPJIMR:
SPJIMR is a part of the Bharatiya Vidya Bhavan and operates out of its one and only campus at Munshi Nagar, Dadabhai Road, Andheri West, Mumbai. The Institute has no branches or campuses in any other city or country.
For more details visit, http://www.spjimr.org .
Media Contact:
Prof. Abbasali Gabula
[email protected]
+91 9821362495
Deputy Director (External Relations & Administration)
S.P. Jain Institute of Management & Research
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