A biz school and a company that concentrates on energy-efficient designs are just some of the entrepreneurial ideas from the PGP 2008-10 batch of the Indian Institute of Management (IIMA).
Many graduates from the institute this year plan to take the entrepreneurial road instead of getting a lucrative job at various MNCs. What more, some plan to balance both their corporate careers and desire to be an entrepreneur. Take the case of Piyush Maskey, a PGP 2008-10 batch student who along with his friends plan to set up his own business school in Nagpur. Maskey said it was the lack of good B-schools near his hometown that gave him the idea of setting up one such school which will be at par with the best B-schools of the country. Maskey and his seven other friends (whom he had studied with at BITS Pilani ) have decided to set up 'Octave Business School' which will begin classes from the academic year 2010.
"With the knowledge and experience of some of the best institutes we have studied in, including BITS Pilani, IIMA, IMB, ISB and SP Jain, we thought why can't we replicate and start a new institute in Nagpur. It is our way of giving back to the society," said Maskey.
Another PGP student, Dhruv Jain has already started a company called 'GreenTree Building Energy Pvt Ltd' with his friend Anurag Bajpai from IIT Roorkee. The venture aims to provide various services related to the design of energy efficient commercial and residential buildings. Jain said, "We aim at delivering turnkey design solutions for buildings in a way that integrates all aspects of building design."
He said they were also involved in the development of policy level software to measure energy efficiency of buildings and benchmarking tools in association with the (Bureau of Energy Efficiency) BEE and USAID Eco3. While Maskey and Jain plan to run their ventures apart from holding a regular corporate job, others have completely opted out of the placement process to start their own business.
Part of the article as appeared in DNA Ahmedabad. For the complete article please read more at Page 3 of DNA Ahmedabad dated 19th Feb 2010