IFIM Business School, Bangalore rebrands as Jagdish Sheth School of Management
The institution has been named after the living legend and Padma Bhushan awardee Prof Jagdish Sheth
IFIM Business School, Bangalore has been renamed as Jagdish Sheth School of Management after the living legend and Padma Bhushan awardee Prof Jagdish Sheth. Prof Sheth accepted the request of present Chairman and well-known business leader Shri Sanjay Padode to rebrand the institution. The announcement was made during a virtual event hosted by IFIM.
According to reports, Prof Sheth, widely known as ‘JAG Sheth’ in the American and European management circles, has chosen the acronym ‘JAGSOM’ for the institution. IFIM Business School was established in 1995 in Bangalore.
Sharing his thoughts on the renaming, Prof Sheth remarked, “As India gets globally integrated, it will become increasingly necessary for management schools to meet or exceed global benchmarks, global accreditations and global recognitions. I am truly humbled and honoured that Sanjay Padode, Atish Chattopadhyay, the Governing Board and the faculty invited me to rename IFIM in its journey toward becoming a globally admired and recognized as JagdishSheth School of Management.”
Speaking on the development, Sanjay Padode, Chairman of IFIM Institutions said, “After incubating IFIM Business School for 25 years to become an AACSB accredited and a globally ranked institution, I felt that it is time to cut the umbilical cord and give more wind under its wings by professionalising the governance of the Institution.”
He added, “I am grateful to Prof Jagdish Sheth for his acceptance to Chair the Governing Board. His acceptance of permitting us to use his name for renaming the school permanently is a testimony to the effort made by the faculty and the leadership of the institution for developing IFIM Business School. I am confident that Jagdish Sheth School of Management will soon make India proud.”
Commenting on the renaming, Prof Atish Chattopadhyay, Director, Jagdish Sheth School of Management, said, “This is a watershed moment for management education in India which is marked by several ‘Firsts’: This is the first time that an Indian Management Institution is being re-named to honour a globally renowned scholar and not based on receipt of endowments. This is also the first time that an owner has given way to an academic to make a shift from being an owner-driven institution to an academic driven institution – my salute to Shri Sanjay Padode for his courage, conviction and honesty of purpose.”
Prof Chattopadhyay added, “The renaming of the school will result in higher visibility in the global arena. I am grateful to Prof. Sheth for agreeing to lend his name and would like to thank my board, my faculty colleagues, and the alumni for supporting this bold move.”
Prof Jagdish Sheth is a globally recognised management scholar with over 50 years of combined experience in teaching and research at leading US Universities including the University of Southern California, the University of Illinois at Urbana-Champaign, Columbia University, MIT, and Emory University. He is well known for his contributions to marketing, competitive strategy and geopolitical analysis and has been an advisor to many companies including Whirlpool, Motorola, AT&T, WIPRO, Aditya Birla Group, E&Y and many others. Prof Sheth has been an advisor to the Government of Singapore and a policy advisor to the US Government as well.
He has published numerous books and award-winning articles and in 2020 he was conferred the prestigious Padma Bhushan Award by the Government of India.