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PHD in Strategic Management at INDIAN INSTITUTE OF MANAGEMENT RANCHI

Indian Institute of Management Ranchi is a premier autonomous institution in Jharkhand, established in 2009. Recognized for academic excellence, IIM Ranchi offers flagship MBA, MBA-HRM, MBA-BA, and IPM programs. Ranked 17th in NIRF 2024 Management, it boasts strong placements with the highest domestic CTC of Rs 50.39 LPA in 2024-25.

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location

Ranchi, Jharkhand

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About the Specialization

What is Strategic Management at INDIAN INSTITUTE OF MANAGEMENT RANCHI Ranchi?

This Strategic Management program at Indian Institute of Management Ranchi focuses on developing scholars with deep theoretical knowledge and robust research skills in formulating, implementing, and evaluating business strategies. It addresses the complexities of Indian and global markets, preparing researchers to contribute to academia and industry in a dynamic business environment. The program aims to foster critical thinking and innovative research in strategic decision-making.

Who Should Apply?

This program is ideal for aspiring academics, researchers, and consultants seeking to delve into strategic business challenges. It attracts individuals with strong analytical abilities, a foundational understanding of management principles, and a keen interest in theoretical and empirical research. Candidates typically possess a master''''s degree or equivalent, often with prior work experience, looking to advance their intellectual leadership in strategy.

Why Choose This Course?

Graduates of this program can expect to pursue rewarding careers as faculty in top business schools across India, contribute as research scientists in corporate R&D, or serve as high-level strategy consultants. They will develop advanced analytical and methodological skills, enabling them to publish in premier academic journals. The rigorous training prepares them for leadership roles in thought and practice, driving strategic growth and innovation in Indian and multinational corporations.

Student Success Practices

Foundation Stage

Master Core Management Theories and Quantitative Methods- (Semester 1-2)

Dedicate significant time to thoroughly grasp foundational theories in economics, organizational behavior, and various functional areas. Simultaneously, build a strong command over statistical and econometric methods using software like R or Stata, which are crucial for advanced research. Form study groups with peers to discuss complex concepts and problem-solving techniques.

Tools & Resources

Core textbooks (e.g., Wooldridge for Econometrics), Online courses (Coursera, edX) on research methods, Statistical software manuals (R, Stata)

Career Connection

A robust theoretical and methodological foundation is essential for developing rigorous research questions and executing high-quality studies, which are critical for academic publications and thesis defense.

Engage Actively in Faculty-Led Research Discussions- (Semester 1-2)

Attend all research seminars and faculty presentations, and proactively seek out professors whose research interests align with yours. Engage in discussions, ask critical questions, and offer to assist with ongoing faculty research projects. This early engagement provides invaluable exposure to the research process and potential mentorship opportunities.

Tools & Resources

Departmental seminar schedules, Faculty research profiles on the IIM Ranchi website, Academic papers in top journals

Career Connection

Early exposure to active research environments helps in identifying a research area, understanding publication standards, and building relationships that can lead to thesis advising and future collaborations.

Develop Academic Writing and Presentation Skills- (Semester 1-2)

Focus on refining academic writing skills through coursework assignments and mini-research papers. Practice presenting complex ideas clearly and concisely. Seek feedback from professors and peers, and consider utilizing university writing center resources. Participating in internal workshops on academic communication is highly beneficial.

Tools & Resources

Purdue OWL, Grammarly, IIM Ranchi writing workshops, TED Talks for presentation style

Career Connection

Effective academic writing and presentation skills are paramount for publishing in peer-reviewed journals, presenting at conferences, and successfully defending your thesis, all vital for an academic career.

Intermediate Stage

Deep Dive into Strategic Management Literature- (Semester 3-5)

Beyond coursework, extensively read seminal and contemporary literature in strategic management, including theories on corporate strategy, competitive advantage, innovation, and international strategy. Identify research gaps and potential areas for your thesis. Attend national and international conferences to stay updated on current research trends and network with scholars.

Tools & Resources

JSTOR, Scopus, Web of Science, Top academic journals (e.g., Academy of Management Journal, Strategic Management Journal), Conference websites (AOM, SMS)

Career Connection

A deep understanding of the field''''s literature is crucial for developing a unique and impactful thesis proposal and contributing original knowledge, which is highly valued in academia.

Formulate and Refine Thesis Proposal- (Semester 3-5)

Work closely with your chosen thesis advisor to develop a well-defined research question, theoretical framework, and methodological approach. Regularly present your ideas to faculty and peers in internal seminars to receive constructive feedback. Iterate on your proposal rigorously, addressing all critiques to strengthen its foundation.

Tools & Resources

Thesis proposal guidelines from IIM Ranchi, Past successful thesis proposals (if available), Advisor''''s feedback

Career Connection

A strong thesis proposal is the gateway to beginning your dissertation research and is a critical step towards completing the PhD, demonstrating your capability as an independent researcher.

Undertake Comprehensive Examination Preparation- (Semester 3-5)

Systematically review all coursework material, focusing on both foundational theories and advanced strategic management concepts. Practice answering theoretical and methodological questions under timed conditions. Engage in mock comprehensive exams with faculty or senior DPM scholars to assess preparedness and identify areas needing improvement.

Tools & Resources

Course syllabi and readings, Previous year''''s exam patterns (if accessible), Study groups

Career Connection

Successfully clearing the comprehensive examination signifies mastery of the core body of knowledge in your field, a necessary condition for progressing to the thesis phase and a benchmark of your scholarly development.

Advanced Stage

Execute and Publish Thesis Research- (Semester 6 onwards)

Conduct rigorous data collection, analysis, and interpretation for your doctoral thesis. Aim for high-quality, impactful research that can be submitted to top-tier international journals. Actively engage in the writing process, regularly sharing drafts with your advisor and incorporating feedback. Break down the thesis into publishable papers.

Tools & Resources

Research software (e.g., SPSS, NVivo, R), Academic style guides (e.g., APA), Journal submission platforms

Career Connection

Successful thesis completion and publication are the primary determinants for securing academic positions at reputable institutions and establishing your research reputation.

Prepare for Academic Job Market and Teaching Opportunities- (Semester 6 onwards)

Develop a strong academic CV and teaching philosophy statement. Actively participate in teaching assistantships or guest lectures to gain classroom experience. Network with faculty members and attend job market workshops organized by IIM Ranchi. Prepare for job talks and interviews, showcasing your research and teaching potential.

Tools & Resources

IIM Ranchi placement cell for DPM (if available), Online academic job boards (e.g., INFORMS, HERC), Mock interview sessions

Career Connection

Strategic preparation for the academic job market is crucial for securing a faculty position after graduation, leveraging your research skills and teaching aptitude.

Cultivate a Professional Network and Collaborate- (Semester 6 onwards)

Continue to build and maintain relationships with scholars, practitioners, and alumni through conferences, workshops, and online platforms. Seek opportunities for co-authorship on papers. A strong professional network can lead to future research collaborations, mentorship, and career advancement opportunities.

Tools & Resources

LinkedIn, ResearchGate, Academic conferences, Alumni network events

Career Connection

Networking is vital for staying connected to the academic community, identifying new research avenues, and enhancing visibility, which contributes to long-term career success and impact.

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