Students joining IIM Lucknow for Executive MBA Programme has something to rejoice about. In a recent move, Indian Institute of Management Lucknow (IIM-L) has signed a memorandum of understanding (MoU) with Axis banks that states that all the female candidates getting into the one-year executive MBA course - International Programme in Management for Executives (IPMX), will get an opportunity to join Axis Bank after completing their degree from the premier management institute.
Behind the Initiative
The CEO of Axis Bank, Shikha Sharma is the key person behind this noble idea. The initiative has been named as ‘Axis WE Lead’ by her, as told by IIM-L in a press statement.
Why ‘We Lead’ Initiative?
The primary motive of launching the initiative is to build a team of women leader who can work on diversified roles in the bank.
Through ‘Axis WE Lead’ initiative, the bank aims to reinforce their commitment to initiatives that goes beyond mere placements whilst. This initiative will help them hone leadership skills among the female candidates aspiring to join banking industry. It also aims to nurture them by developing mid-managerial talent. Axis bank also shared that "This cohort is important from the point of view of building a strong career foundation for women to stay within the workforce and progress on to senior levels of management.”
In addition, the programme also aims to support the “Returning Women” i.e. the ones who wish to join back the services after a hiatus in their career.
Along with IIM-Lucknow, Axis bank had earlier launched ‘We Lead’ initiative in collaboration with ISB Hyderabad to build a diversified leadership talent pipeline.
About IIM Lucknow
IIM Lucknow is among the top 10 management institutes of India as ranked by National Institutional Ranking Framework, Ministry of Human Resource Development. The institute offers two-year full time Post Graduate Programmes for the MBA aspirants. In addition, the institute also offers Post Graduate Programmes for Executives and Fellow Programmes as well. Candidates willing to seek admission in the institute are expected to appear in the CAT Exam that is conducted annually. In 2017, IIM-L has got the onus of conducting the CAT exam.
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