An MBA is a terminal degree and soon as a student enters a job, his or her race to learn has just started. "You will all be out of your schooling experience and you will be in a race to understand life. Curiosity, commitment and humility will determine your success," said Nirmalya Kumar, Member, Group Executive Council, Tata Sons, addressing the 16th convocation of IIM Indore on Saturday which saw 639 students of various programmes graduate.

In his address, Kumar appreciated the efforts made by the graduating batches to enter and successfully complete the programme but advised the students to celebrate their graduation day but get ready for the competitive race ahead. He noted that every person is judged on the basis of his performance in the next race as past achievements soon become their accepted qualities. They would need to go beyond.

Citing examples of Indian movies, media and habits, Kumar said that India is too internally focused but Indians must be thoroughly aware of what’s happening around the world. "You can operate only in India but one needs to be globally competitive." He also advised the students to contribute their bit in making India global, adding that India needs more global brands.

During the convocation, 14 FPM participants received the title of Fellow of IIM Indore. 455 participants of PGP, 48 participants of PGP-UAE, and 55 participants of PGP-Mumbai received the Post Graduate Diploma in Management. 47 participants of EPGP and 20 participants of PGPMX-Mumbai received the Executive Post Graduate Diploma in Management.

The IIM Indore Gold Medal for Scholastic Performance went to Rahul Teotia, the second rank to Gangar Mitesh Laxmichand and third to Manisha Narendra Saraf, who also won a gold medal for the best woman student.

K V Kamath, Chairman, IIM Indore, In his address, observed that India is a land of opportunities and there cannot be a better time to be born here. The graduating batches should look forward to unprecedented growth in their careers, he said.

Rishikesha T. Krishnan, Director, IIM Indore, in his address, highlighted the major achievements of the institute in the academic year 2014-15.

He advised the students to excel in whatever field they commit themselves to and stay devoted to it. He also encouraged the students to be honest and maintain their dignity throughout their life and also to treat everybody with the same dignity and respect, irrespective of any discrepancies.

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