We organized the inauguration of the first Virtual Business Lab in Rajasthan at our University in association with All India Management Association (AIMA). AIMA is the national apex body of management profession in India that has launched the AIMA BizLab which is first of its kind for management students for business simulation exercises. This exposes participants to real economic, environmental and business issues related to finance, operations and marketing and other business functions. The BizLab is specifically designed, keeping in mind the learning habits of the new generation of students and provides unparalleled learning experience to them, the mantra being Experiential Learning – Future of Education, very much in tune with what National Education Policy 2020 also advocates strongly.
The inauguration was held virtually on July 30, 2020, preceded by the Webinar on “Future of Management Education”. The event was graced by Chief Guest, Dr. Ajay Data, Founder and CEO, Data Xgen Technologies, Guest of Honor, Mr. Neeraj Kapoor, Director, All India Management Association, Dr. R L Raina, Honourable Vice Chancellor, JKLU, Mr. Asheesh Gupta, Pro Vice Chancellor, JKLU, Dr. Ashwini Sharma, Assistant Director, IM, JKLU, Dr. Lokanath Mishra, Associate Professor, IM, JKLU along with our Students, Faculty and other invited Delegates, Directors and Deans. The experts shared their views on the theme of the webinar that supported experiential learning, learning to learn, project based learning, continuous evaluation, integration of domain knowledge with plus domain knowledge and ability to handle uncertainties. Video clips of Shri Harsh Pati ji Singhania, Board of Management Member, JKLU & Vice Chairman and Managing Director, JK Paper Ltd., Shri Sanjay Jain, Member of Board of Management, JKLU and Former Managing Director, Global Capability Network, Accenture, and Late Padma Shri Dr. Pritam Singh, Member Board of Management, JKLU and Former Director, IIM Lucknow, MDI Gurgaon, IMI, Delhi, were played. Towards the end, the chief guest formally inaugurated the AIMABIZLAB, by letting the organizers play the inaugural video of the BizLab.