Paperman Media ( Sambalpur )- The Indian Institute of Management Sambalpur, one of India’s premier management institutions, in a landmark move towards digital transformation, has signed a Memorandum of Understanding (MoU) with Mahanadi Coalfields Limited (MCL) to train 500 officers from diverse disciplines on Artificial Intelligence (AI) and Machine Learning (ML) to improve and innovate the core business of coal, business development and operation and process management. The MoU was signed by Shri Keshav Rao, Director (HR), MCL and Prof. Mahadeo Jaiswal, Director, IIM Sambalpur.
During the MoU signing ceremony, Shri Uday Anant Kaole, CMD, MCL, Prof. Shikha Bhardwaj, Chairperson, Executive MBA, IIM Sambalpur and senior leadership of MCL were also present. The collaboration marks a significant milestone towards building future-ready and tech savvy leadership in the era of digital transformation.
Speaking on the collaboration, Prof. Mahadeo Jaiswal, Director, IIM Sambalpur, said, “IIM Sambalpur is committed to driving innovation-led management education and building future-ready leaders for the AI era. This partnership with MCL reflects our shared vision of leveraging AI and Machine Learning to transform organisations through knowledge, technology-driven growth, and strategic capability building.”
IIM Sambalpur is the first institute in the world to implement AI education for its entire batch of students across all functional areas of management.
This collaboration marks a significant leap for MCL, a subsidiary of Coal India Limited, as it seeks to integrate cutting-edge technology into its operational and administrative frameworks.
About IIM Sambalpur:
IIM Sambalpur is one of the premier management institutions in the country and is widely known for its quality education. Spread over approximately 200 acres of land, the breathtaking and spectacular permanent campus of IIM Sambalpur was inaugurated by the Hon'ble Prime Minister of India, Shri Narendra Modi, on 3rd February 2024. The Prime Minister also laid the foundation stone on 2nd January 2021, via video conferencing. Furthermore, the Union Education Minister, Shri Dharmendra Pradhan, recently inaugurated the Incubation Centre, I-Hub Foundation, to promote startups and the 'Rangavati’ Centre of Excellence in Cultural and Sustainable Management'. It also has tie-ups with Flipkart, Amazon, and SIDBI to support, promote and connect regional weavers with global platforms. Equipped with sustainable practices and modernized facilities, the campus values its regional art by mapping the traditional IKAT, patterned textile-dyeing technique onto the brick façade. The institute is also leading a visionary project to make Sambalpur the first sustainable city in India. The institute is committed to providing excellent management education, harboring a sense of entrepreneurship, and developing socially responsible leaders. IIM Sambalpur is known for its two-year flagship MBA Programme and admissions are held through CAT. It also offers an MBA for working professionals at the Delhi Centre at ISID, Vasant Kunj, providing options for a dual-degree Programme in partnership with French universities. Furthermore, in addition to the Executive MBA Programme, MBA in BA, MBA in Fintech Management, PhD in Management & for Working Professional, Executive PhD - IIM Sambalpur & DBA Bordeaux University (Dual Degree), B.S in Data Science & AI and Management & Public Policy. IIM Sambalpur also offers Management Development Programme (MDP) which focuses on developing leadership skills, and application-oriented managerial skills. IIM Sambalpur has played a torchbearer role for other IIMs in terms of gender-diverse classrooms. To further enhance classroom engagement, the institute has integrated an AI-powered platform in collaboration with Breakout Learning Inc. to moderate and evaluate small group discussions as part of its MBA pedagogy.
