Deepak Verma has been an assistant professor at DMS MNIT Jaipur since July 2013 and has over 22 years of postgraduate teaching and industry (business development) experience. He has a doctoral degree in Online Marketing and a postgraduate degree in Management (MBA) with dual specializations in Information Systems and Marketing. He also completed a management certificate program in Export Management from the Ministry of Small-Scale Industries, Government of India. He has been actively engaged in the development of the PG (management) curriculum and has developed several courses and study materials for many universities and academic institutions. He has also designed, developed, and conducted over three dozen workshops and training programs for management graduates, academicians, and professionals, including for companies like IBM India, Steria India, Wipro, HINDALCO, Dr. Reddy's Laboratories, and Ajanta Group of Companies, to name a few. He has also been part of consulting projects totaling over Rs. 130 million. He has over a dozen research papers published in leading peer-reviewed international journals and is currently serving on the review boards of three international journals. His teaching interests include statistical decision-making, marketing, and business analytics, and research methods. His research area relates to understanding behavioral issues in digital and online environments and technology adoption issues.

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Being part of management, what is your philosophy of leadership? How would you describe your leadership style?

My leadership philosophy revolves around empowering Individuals, fostering collaboration, and promoting a culture of continuous growth and learning. I believe effective leadership involves guiding and inspiring others to reach their full potential while achieving organizational goals as well.

My leadership style is a combination of transformational and servant leadership. I strive to lead by example, demonstrating integrity, empathy, and a strong work ethic. I believe in providing a clear vision and setting high expectations but also providing the necessary support and resources for individuals to succeed. 

I value open communication and encourage a participative approach, where team members can voice their ideas, concerns, and perspectives. By fostering a culture of trust and respect. I aim to create an environment where everyone feels valued and empowered to contribute their best. 

According to you, what makes the education industry the best industry to work in?

Education, in my opinion, is one of the most fulfilling and rewarding industries to work in for several reasons. Firstly, education has a profound impact on individuals and society as a whole. As educators, we can shape the minds and futures of the next generation, helping them develop knowledge, skills, and values that will benefit them throughout their lives. 

Secondly, the education industry provides a platform for continuous learning and personal growth. As educators, we are constantly engaged in research, staying updated with the latest advancements in our field, and continuously improving our teaching methodologies. This ongoing pursuit of knowledge and professional development keeps us intellectually stimulated and enables us to provide the best educational experience to our students. 

Additionally, the education industry offers a diverse range of roles and opportunities. From teaching and research to administration and leadership, there are multiple avenues for individuals to contribute their expertise and make a positive impact. This diversity allows for career progression and the ability to explore different areas of interest within the education sector. 

Furthermore, the education industry fosters a sense of community and collaboration. Working in academia allows meaningful interactions with students, fellow faculty members, and professionals from various disciplines. These collaborative opportunities create a rich learning environment and provide a platform for interdisciplinary research and innovation. 

Lastly, the education industry offers a sense of purpose and fulfillment. Knowing that we are playing a role in shaping future leaders, fostering critical thinking, and contributing to the betterment of society gives a deep sense of satisfaction. The way we impact individuals' lives and the wider community can be truly transformative. 

Being an integral member of the Institute, how does your work impact the growth of the University?

Overall, the impact of my work as the Head of the Department of Management Studies is multi-faceted, benefiting the department itself through academic excellence, research productivity, student success, and faculty development. Simultaneously, it contributes to the growth, reputation, and development of the institute as a whole through enhanced rankings, collaboration, and institutional advancement. Specifically, at the Department level, I am responsible for. 

Academic Excellence: Through strategic planning and curriculum development, I ensure that the department maintains a high standard of academic excellence. This includes designing a robust and relevant curriculum, selecting qualified faculty members, and implementing effective teaching methodologies. As a result, our department has become recognized for its quality education, attracting talented students and faculty. 

Faculty Development: I actively support the professional growth and development of faculty members within the department. Providing opportunities for research grants, encouraging participation in conferences and workshops, and facilitating collaborations with other researchers are the ways by which faculty development takes place. By nurturing a supportive environment, I contribute to faculty satisfaction and their ability to deliver high-quality teaching and research.

Reputation and Rankings: By ensuring academic excellence, research productivity, and student success within the department, I contribute to the overall image of the institute. It leads to higher rankings and recognition at a national and international level, attracting top talent and increasing the institute's visibility. 

Collaborations and Partnerships: Through fostering collaborations with industry organizations, other academic institutions, and alumni, I contribute to the growth of the institute's network and partnerships. These collaborations lead to joint research projects, exchange programs, internships, and placement opportunities for the students, enhancing the institute's industry connections.

Institutional Development: As a member of the institute's leadership team, my work involves contributing to the overall development of the institution. It includes participating in strategic planning and decision-making and representing the department and institute in various forums. By actively engaging with stakeholders and ensuring effective communication, I contribute to the overall growth and success of the institution.

What are the career opportunities that students can see in the field of management?

The specializations offered by the department in Marketing, Finance, HR, Operations, and Business Analytics, the career opportunities for students are countless.

Marketing and Brand Management: Careers in marketing and brand management involve developing and implementing marketing strategies, conducting market research, managing brand positioning, and executing marketing campaigns to drive customer engagement and sales 

Financial Management: Careers include roles such as financial analysts, financial controllers, or investment managers. Graduates can work in finance departments of corporations, financial institutions, or investment firms, where they handle financial planning, analysis, budgeting, and investment decision-making. 

Human Resources Management: Graduates can pursue careers in human resources (HR) departments, where they handle various aspects of talent management, including recruitment training and development, performance management, employee relations, and organizational development. 

Operations Management: Roles in operations management involve optimizing processes, supply chain management, logistics, quality control, and efficiency improvement. Graduates can work in manufacturing, service industries, or consulting firms specializing in operations management.

Project Management: Project management roles involve leading and coordinating teams to achieve specific objectives within defined timelines and budgets. Graduates can work as project managers in various industries, overseeing the planning, execution, and delivery of projects. 

Consulting: Management graduates often find opportunities in consulting firms, where they provide expert advice and solutions to organizations facing specific challenges. They may work on strategy development, process improvement, organizational restructuring, or technology implementation, formulating and implementing strategies, managing teams, and ensuring the overall success and growth of the organization. 

Entrepreneurship: Management graduates often possess the skills and knowledge needed to start and manage their businesses. They can explore entrepreneurial opportunities by launching startups or venturing into consulting e-commerce, or other innovative business ventures. 

Nonprofit and Social Sector Management: Graduates with a passion for making a positive impact. social impact can pursue careers in nonprofit organizations, NGOs, or social enterprises. They can work in areas such as program management, fundraising, and advocacy. or social entrepreneurship. 

These are just a few examples of the career opportunities available in the field of management. The versatility of a management degree allows students to explore a wide range of industries, functional areas, and leadership roles based on their interests and career goals. 

Please Share your journey towards management and how you motivate students to pursue Management?

As an academician and professional in the management field, I believe in the transformative power of education and the immense value that an MBA can bring to one's career.

I, actually, never planned to pursue an MBA. I was a hardcore science student until my Senior year of high school. A friend of mine introduced me to a 5-Year MBA program. As luck would have it, I got admitted on my first attempt. However, from there on, my journey towards pursuing an MBA full of passion developed a comprehensive understanding of management principles and how and why people work and behave. I recognized that an MBA would provide me with the necessary knowledge, skills, and networks to excel in all spheres of life, which are full of dynamic and competitive challenges.

I especially enjoyed the collaborative learning environment, and interactions with talented peers from diverse backgrounds enriched my understanding of different perspectives and sharpened my problem-solving and decision-making abilities.

Also, throughout my journey, I was fortunate to have inspiring professors and mentors who guided and motivated me. Their expertise, guidance, and encouragement played a significant role in shaping my career and instilling in me a passion for management education. This is something that most people do not take into account when joining an institution for their MBA. Believe me, it comes from experience. For your growth as a professional, this is more important than the name of the institute and more important than the package that you get during your campus placement.

Some of the benefits that I can tell prospective students about an MBA are:

Highlighting Career Opportunities: I provide students with insights into the diverse career opportunities that an MBA can open up. I discuss the potential for leadership roles, managerial positions, and entrepreneurial ventures across various industries and sectors.

Showcasing Success Stories: I highlight the success stories of our alumni who have achieved significant career milestones after completing their MBA. These success stories serve as role models for students and demonstrate the transformative power of an MBA education.

Emphasizing Skill Development: I emphasize the acquisition of essential skills through an MBA, such as critical thinking, problem-solving, leadership, and effective communication. I explain how these skills are highly sought-after by employers and contribute to long-term career success.

Networking and Industry Exposure: Stress the importance of networking opportunities and industry exposure that an MBA program provides. I discuss how these connections can lead to internships, job placements, mentorship, and collaboration with industry professionals.

Personalized Guidance: I offer personalized guidance and mentoring to students who are considering an MBA. I engage in one-on-one discussions, address their concerns, clarify doubts, and provide advice based on their individual goals and aspirations.

Organizing Workshops and Guest Lectures: I organize workshops, guest lectures, and panel discussions where successful professionals and alumni share their experiences and insights. These interactions allow students to gain a deeper understanding of the practical applications of management concepts and witness the achievements of industry leaders.

Sharing Personal Experiences: I share my journey and experiences in pursuing an MBA, emphasizing the positive impact it had on my career growth and development. By sharing real-life examples, I aim to inspire students and demonstrate the value of an MBA.

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How do you prepare students to face challenges of modern organizations and global standards successfully?

Building strong connections between institute courses and industry requirements is a priority for the Department of Management Studies. We recognize the importance of aligning our curriculum with the evolving needs and demands of the industry. Here are some of the approaches we take to establish and strengthen these connections: 

Curriculum Review and Updates: We regularly review and update our curriculum to incorporate the latest industry practices, technological advancements, and emerging trends. It includes incorporating case studies, real-world examples, and industry-specific projects into our courses. We also conduct regular assessments to evaluate the effectiveness of our curriculum in meeting industry requirements.

Industry Guest Lectures and Workshops: We invite industry experts, practitioners, and successful alumni to deliver guest lectures and conduct workshops. These sessions provide students with valuable insights into industry practices, challenges, and emerging trends. Students gain exposure to real-life experiences and they can directly interact with industry professionals to understand the practical application of concepts learned in the classroom. 

Internships and Industry Projects: We actively encourage students to undertake internships and engage in industry projects. This hands-on experience allows students to apply their knowledge and skills in real business settings. It also helps them in understanding the industry requirements, build professional networks, and develop practical problem-solving skills. 

Industry Partnerships and Collaborations: We establish partnerships and collaborations with industry organizations, both local and global. These partnerships can take various forms, such as joint research projects, industry-sponsored scholarships, internships, and guest lectures. Through these collaborations, we gain insights into industry requirements and create opportunities for students to engage directly with industry professionals. 

Alumni Engagement: We maintain strong connections with our alumni network, which includes professionals holding leadership positions across different industries. Alumni are invited to share their experiences, insights, and career trajectories with current students. Their expertise and industry knowledge help bridge the gap between academia and industry. 

Professional Development Programs: We offer professional development programs, workshops, and certifications that are as per the industry requirements. These programs focus on developing specific skills and competencies that are industry relevant. They provide students with an added advantage and make them more competitive in the job market. 

Continuous Faculty Development: We ensure that our faculty members stay updated with industry trends and requirements through professional development programs. Faculty members actively engage in research, attend conferences, and participate in industry forums to stay abreast of the latest developments. It enables them to deliver industry-relevant content and provide practical insights to students. 

By employing these strategies we strive to build strong connections between our institute courses and industry requirements. It ensures that our students are well-prepared, equipped with the necessary knowledge and skills, and aligned with the changing needs of the industry.

Most optimum path according to you for a student wanting to excel in any field of Management.

DMS, MNIT Jaipur possesses several great strengths that contribute to its reputation and distinguish it from other institutions. Some of the key strengths include: 

Academic Excellence: Our institute is known for its strong academic foundation and rigorous curriculum. We have a distinguished faculty comprising experienced professors and industry practitioners who bring knowledge and expertise to the classroom. Our faculty members are committed to delivering quality education, fostering critical thinking, and preparing students to excel in their chosen fields. 

Industry-relevant courses and Specialization area: We offer specialized courses, including the two-year MBA program. These programs provide opportunities to focus on specific areas of management such as Marketing Finance, HR Operations, and Business Analytics. This specialization allows students to develop in-depth knowledge and skills in their chosen fields, making them highly competitive in the job market. 

Industry Integration: We integrate industry practices and requirements into our curriculum. We regularly collaborate with industry experts, professionals, and organizations to stay updated on the latest trends and developments. It ensures that our students receive a practical and industry-relevant education, preparing them to meet the demands of the corporate world. 

Strong Industry Connections: We have established strong connections and partnerships with leading industries and organizations. These connections facilitate internships and guest lectures. Industry projects,and recruitment opportunities for our students. The industry collaborations also provide valuable insights and guidance for curriculum development, keeping it aligned with the needs of the industry. 

Research and Innovation: Our institute promotes a culture of research and innovation. Our faculty members actively engage in research, publishing in renowned journals, and contributing to the advancement of knowledge in their respective fields. This research-driven approach ensures that our students benefit from the latest theories, concepts, and practices in the management domain. 

Entrepreneurship and Incubation Support: We foster an entrepreneurial mindset among our students by supporting aspiring entrepreneurs in the best manner possible. We have dedicated resources, mentorship programs, and incubation centers that help students transform their innovative ideas into viable businesses. This focus on entrepreneurship nurtures an entrepreneurial spirit and equips students with the skills to navigate the dynamic business landscape. 

Student Development and Support: We prioritize the holistic development of our students. Apart from academic excellence we provide opportunities for extracurricular activities leadership development ,and soft skills enhancement. We have a dedicated career services department that offers career counseling, placement assistance, and networking opportunities to ensure that our students have a successful transition into the professional world.

These strengths collectively contribute to the overall excellence of our institute. They enable us to provide a well-rounded education, foster industry-ready professionals, and create a conducive learning environment that prepares our students for the challenges and opportunities of the business world.

How do you plan on using the immense knowledge and experience you have gained over the decades being an integral member of the institute?

We constantly strive to offer the latest courses that equip our students with cutting-edge knowledge and skills, setting them apart from the crowd. Here are some of themes of our latest courses in:

  • Finance 
  • Marketing 
  • HR 
  • Operations 
  • Business Analytics 
  • General Management & Strategy 

What kind of placement and higher studies opportunities your institute provides for management students?

We place great emphasis on providing excellent placement and higher education opportunities for our management students. We understand the importance of launching our graduates into successful careers or further academic pursuits.

Some opportunities we offer are:

Placement Assistance: We have a dedicated central Placement and Training Cell at the Institute level, headed by a senior professor and guided by a team of very active and dedicated faculty members. This cell works closely with students to enhance their employability skills, develop resumes and cover letters, and prepare them for job interviews. We have established strong connections with a wide range of companies and organizations, both nationally and internationally.

internationally. These connections enable us to facilitate internships, summer placements, and final placements for our students.

Industry Collaborations: We have established partnerships and collaborations with leading companies and organizations across various industries. These collaborations often result in industry-driven projects, internships, and recruitment opportunities for our students. Through these partnerships, students gain exposure to real-world business scenarios and have the opportunity to network with professionals in their respective fields.

A strong Alumni Network: Our institute has a robust and extensive alumni network. Our alumni hold prominent positions in diverse industries and sectors, and they are actively engaged in mentoring and supporting current students. This network provides valuable industry connections, job referrals, and guidance for our students during their job search.

Entrepreneurship Support: For students interested in entrepreneurship, we provide support and resources to help them start their ventures. We have one of the largest incubation centers in the region, the MIIC, which provides mentorship programs, initial hand-holding and incubation opportunities, co-working spaces, collaboration opportunities, and access to funding opportunities to nurture and support their entrepreneurial endeavors.

Higher Education Opportunities: We encourage and support students who wish to pursue higher education after completing their management studies. We guide various postgraduate programs. Many of our students are pursuing their Ph.D. programs at IITs. NITS and many reputed international universities.

Continuous Learning and Development: We emphasize the importance of lifelong learning and professional development. We encourage our students to stay updated with industry trends and acquire additional certifications and qualifications to enhance their knowledge and skills. We offer workshops, seminars, and executive education programs that provide opportunities for students to continue their learning journey even after graduation.

When you look back on your time in the educational industry, what’s the significant difference?

There are numerous differences, but the biggest differentiator is access to technology and information. It has changed so many things. The students have access to far more resources and opportunities for self-learning and improvement than ever before.

It has expanded their learning opportunities beyond traditional textbooks and classrooms, allowing students to explore diverse perspectives and engage in self-directed learning. It has also changed the teaching-learning experiences inside as well as outside the lecture theaters, including the creation and delivery of educational content, peer learning, collaborations, assessment and evaluation, and almost everything else.

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Any feedback you would like to share with the new generation coming forward? Here's something that I always tell my students to try and follow. 

Stay Curious and Adapt to Change: Embrace lifelong learning. In today's rapidly changing world, it is essential to have a mindset of continuous learning and to expand your knowledge, skills, and perspectives throughout your life.

Develop Strong Interpersonal skills and embrace diversity and inclusion. These skills are highly valued in today's professional world and will help you build meaningful relationships and succeed in diverse environments.

Pursue Your passion, But balance Ambition with Well-being. While it is important to work hard and pursue your goals, remember to prioritize your well-being. Remember that success is not solely defined by career achievements but also by overall happiness and fulfillment.

Seek Mentorship and Guidance: Seek out mentors who can provide guidance, advice, and support along your journey. Don't hesitate to reach out to professionals or experts in your field of interest.

Lastly, Embrace Failure as a Stepping Stone: Learn from your failures, adapt, and persevere. Understand that setbacks are part of the learning process and can often lead to valuable insights and growth.