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MASTER-OF-BUSINESS-ADMINISTRATION-MBA in Strategy at Indian Institute of Management Sirmaur
Sirmaur, Himachal Pradesh
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About the Specialization
What is Strategy at Indian Institute of Management Sirmaur Sirmaur?
This Strategy program at IIM Sirmaur focuses on equipping students with the frameworks and analytical skills to address complex business challenges. It emphasizes understanding competitive landscapes, formulating strategic initiatives, and driving organizational growth in dynamic Indian and global markets. The program aims to develop future leaders capable of strategic decision-making.
Who Should Apply?
This program is ideal for ambitious individuals, including fresh graduates with a strong analytical bent, working professionals seeking to transition into strategic roles, or experienced managers aiming to enhance their decision-making capabilities. Candidates should possess a foundational understanding of business and a keen interest in problem-solving and long-term organizational development.
Why Choose This Course?
Graduates of this program can expect to pursue rewarding careers as strategic consultants, business development managers, corporate strategists, or product strategists in diverse Indian companies and multinational corporations. Entry-level salaries typically range from INR 8-15 LPA, with significant growth potential. The curriculum provides a strong foundation for leadership roles and enables graduates to drive impactful change.
Student Success Practices
Foundation Stage
Master Core Business Fundamentals- (Trimester 1-2)
Actively engage with core subjects like Marketing, Finance, Operations, and HR. Utilize case study discussions to understand interconnectedness. Form study groups to reinforce concepts and prepare for competitive internal assessments.
Tools & Resources
Harvard Business Review cases, Moodle (IIM Sirmaur''''s LMS), Peer study groups
Career Connection
A strong grasp of fundamentals is crucial for understanding organizational contexts in strategic roles and excelling in initial screening rounds.
Develop Analytical & Communication Skills- (Trimester 1-2)
Focus on improving data analysis through statistical tools and presentations. Actively participate in class discussions and take on leadership roles in group projects to refine public speaking and persuasive communication.
Tools & Resources
Excel, PowerPoint, Academic writing workshops, Toastmasters clubs (if available), Presentation feedback sessions
Career Connection
These are foundational skills for strategic consulting and corporate strategy roles, essential for conveying complex ideas to stakeholders.
Explore Industry & Career Paths- (Trimester 1-2)
Attend guest lectures, alumni talks, and career counseling sessions to understand various roles within the Strategy domain. Network with seniors and industry professionals to gain insights into different sectors and potential career trajectories.
Tools & Resources
Career Development Centre (CDC) events, LinkedIn, Alumni network
Career Connection
Early exploration helps in making informed decisions about elective choices and tailoring internship applications towards desired strategic roles.
Intermediate Stage
Deep Dive into Strategic Electives- (Trimester 3-4)
Carefully select Strategy electives based on career aspirations. Engage deeply with advanced frameworks like Porter''''s Five Forces, Blue Ocean Strategy, and Game Theory. Participate in strategy-focused competitions and simulations to apply theoretical knowledge.
Tools & Resources
Academic journals, Online courses (Coursera, edX on strategy), Case competition platforms (e.g., Unstop, D2C)
Career Connection
Specialization deepens expertise, making candidates more competitive for strategic roles and providing specific knowledge sought by recruiters.
Secure & Maximize Strategic Internships- (Trimester 3-4)
Actively pursue summer internships in consulting firms, corporate strategy departments, or business development roles. Focus on delivering tangible results, building a strong professional network, and seeking mentorship from industry supervisors.
Tools & Resources
CDC placement portal, Company career pages, Networking events
Career Connection
Internships are critical for practical experience, demonstrating capability, and often lead to pre-placement offers (PPOs) in desired strategic roles.
Build a Professional Network- (Trimester 3-4)
Actively connect with faculty, alumni, guest speakers, and industry professionals. Attend conferences, webinars, and industry events to expand your professional circle, gather insights, and identify potential mentors or opportunities.
Tools & Resources
LinkedIn, IIM Sirmaur alumni portal, Industry association events
Career Connection
A strong network is invaluable for career guidance, job referrals, and staying updated on industry trends, which is particularly important in the evolving strategy landscape.
Advanced Stage
Refine Placement Strategy & Interview Skills- (Trimester 5-6)
Work closely with the Career Development Centre (CDC) for mock interviews, resume reviews, and group discussion practices tailored for consulting and strategy roles. Prepare a robust portfolio of projects and case studies.
Tools & Resources
CDC resources, Interview prep platforms (e.g., PrepLounge for consulting), Alumni mentors
Career Connection
Targeted preparation maximizes chances of converting interviews into offers for top strategy and consulting firms.
Undertake a Live Project or Dissertation- (Trimester 5-6)
Engage in a capstone project, dissertation, or live project with an organization, focusing on a strategic challenge. Apply learned frameworks to provide actionable recommendations, showcasing problem-solving and analytical abilities.
Tools & Resources
Faculty mentors, Industry connections, Research databases
Career Connection
This provides a tangible output, enhancing your resume and offering a strong talking point during interviews, demonstrating practical application of strategic skills.
Develop Leadership & Ethical Decision-Making- (Trimester 5-6)
Take on leadership roles in student clubs, committees, or major events. Participate in workshops focusing on ethical leadership and corporate governance. Understand the societal impact of strategic decisions.
Tools & Resources
Leadership development programs, Guest lectures on ethics, Case studies on corporate governance
Career Connection
Future strategic leaders need not only analytical skills but also strong ethical foundations and the ability to lead teams, making them well-rounded professionals sought after by organizations.
Program Structure and Curriculum
Eligibility:
- Bachelor''''s Degree with minimum 50% marks (45% for SC/ST/PwD) or equivalent CGPA; Valid CAT score.
Duration: 2 years / 6 Trimesters
Credits: 105 Credits
Assessment: Assessment pattern not specified
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| MB101 | Business Communication | Core | 3 | |
| MB102 | Business Statistics | Core | 3 | |
| MB103 | Managerial Economics | Core | 3 | |
| MB104 | Marketing Management | Core | 3 | |
| MB105 | Financial Accounting | Core | 3 | |
| MB106 | Organizational Behaviour | Core | 3 | |
| MB107 | Operations Management | Core | 3 |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| MB201 | Business Law | Core | 3 | |
| MB202 | Cost and Management Accounting | Core | 3 | |
| MB203 | Human Resource Management | Core | 3 | |
| MB204 | Marketing Research | Core | 3 | |
| MB205 | Macroeconomics | Core | 3 | |
| MB206 | Business Research Methods | Core | 3 | |
| MB207 | Financial Management | Core | 3 |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| MB301 | Management Information Systems | Core | 3 | |
| MB302 | Supply Chain Management | Core | 3 | |
| MB303 | Quantitative Techniques for Management | Core | 3 | |
| MB304 | Business Ethics and Corporate Social Responsibility | Core | 3 | |
| MB305 | Entrepreneurship | Core | 3 | |
| MB306 | Strategic Management | Core | 3 | |
| MB307 | Business Analytics | Core | 3 |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| MS01 | Managing Innovation | Elective - Strategy | 3 | |
| MS02 | Competitive Strategy | Elective - Strategy | 3 | |
| MS03 | Mergers & Acquisitions and Corporate Restructuring | Elective - Strategy | 3 | |
| MS04 | Strategic Consulting | Elective - Strategy | 3 | |
| MS05 | International Business Strategy | Elective - Strategy | 3 | |
| MS06 | Strategic Sourcing and Vendor Management | Elective - Strategy | 3 | |
| MS07 | Technology and Innovation Strategy | Elective - Strategy | 3 | |
| MS08 | Business Negotiation Strategies | Elective - Strategy | 3 | |
| MS09 | Global Supply Chain Strategy | Elective - Strategy | 3 | |
| MS10 | Managing Digital Transformation | Elective - Strategy | 3 | |
| MS11 | Advanced Strategic Management | Elective - Strategy | 3 |
