{"id":1071,"date":"2026-03-06T14:58:54","date_gmt":"2026-03-06T09:28:54","guid":{"rendered":"https:\/\/www.fiib.edu.in\/blog\/?p=1071"},"modified":"2026-03-06T14:58:55","modified_gmt":"2026-03-06T09:28:55","slug":"from-boardrooms-to-classrooms-how-professors-of-practice-are-reshaping-management-education-at-fiib","status":"publish","type":"post","link":"https:\/\/www.fiib.edu.in\/blog\/from-boardrooms-to-classrooms-how-professors-of-practice-are-reshaping-management-education-at-fiib\/","title":{"rendered":"From Boardrooms to Classrooms: How Professors of Practice Are Reshaping Management Education at FIIB"},"content":{"rendered":"\n<p>Textbooks teach frameworks. Experience teaches judgment.<\/p>\n\n\n\n<p>Across India\u2019s higher education landscape, a quiet but consequential shift is underway. Universities are increasingly recognising that while theory builds intellectual foundations, it is lived professional experience that prepares students to navigate complexity, ambiguity, and real decision-making.<\/p>\n\n\n\n<p>At the centre of this shift is the <strong>Professor of Practice in management education<\/strong> \u2014 a role designed to bridge the long-standing gap between academic learning and industry realities.<\/p>\n\n\n\n<p>Formalized by the <strong>University Grants Commission (UGC) in 2022 under the National Education Policy (NEP) 2020<\/strong>, the Professor of Practice framework enables seasoned industry leaders to enter classrooms for fixed tenures without displacing traditional academic faculty. Their mandate is simple but powerful: bring the real world into learning spaces.<\/p>\n\n\n\n<p>At <strong>Fortune Institute of International Business (FIIB), New Delhi<\/strong>, this philosophy is not aspirational \u2014 it is operational and reflective in their <a href=\"https:\/\/www.fiib.edu.in\/program-pgdm\" type=\"link\" id=\"https:\/\/www.fiib.edu.in\/program-pgdm\">PGDM<\/a> &amp;<a href=\"https:\/\/www.fiib.edu.in\/program-pgdm\/curriculum-and-career-paths-fm\" type=\"link\" id=\"https:\/\/www.fiib.edu.in\/program-pgdm\/curriculum-and-career-paths-fm\"> PGDM FM <\/a>Programs.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">The Employability Challenge: Why Industry Integration Matters<\/h2>\n\n\n\n<p>India produces one of the world\u2019s largest graduate talent pools, yet employability remains uneven across disciplines.<\/p>\n\n\n\n<p>According to the <strong>India Skills Report 2025<\/strong>, based on over <strong>6.5 lakh candidates who took the Global Employability Test<\/strong>, only <strong>54.81% of Indian graduates are considered employable<\/strong>, highlighting the persistent gap between academic preparation and industry expectations.<\/p>\n\n\n\n<p>Management graduates perform better than most disciplines \u2014 but the expectation from employers has also evolved.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Graduate Employability Across Disciplines<\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Discipline<\/th><th>Employability Rate<\/th><\/tr><\/thead><tbody><tr><td>MBA \/ Management<\/td><td>78%<\/td><\/tr><tr><td>Engineering<\/td><td>71.5%<\/td><\/tr><tr><td>MCA<\/td><td>71%<\/td><\/tr><tr><td>Science<\/td><td>58%<\/td><\/tr><tr><td>Commerce<\/td><td>55%<\/td><\/tr><tr><td>Arts<\/td><td>54%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><em>Source: India Skills Report 2025<\/em><\/p>\n\n\n\n<p>Employers today are not simply looking for conceptual knowledge. They expect graduates to demonstrate:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>analytical thinking in uncertain situations<\/li>\n\n\n\n<li>communication clarity<\/li>\n\n\n\n<li>leadership without formal authority<\/li>\n\n\n\n<li>decision-making under pressure<\/li>\n<\/ul>\n\n\n\n<p>These capabilities are difficult to cultivate through lectures alone. This is precisely where the <strong>Professor of Practice in management education<\/strong> model becomes important.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">Why the Professor of Practice Model Is Gaining Global Momentum<\/h2>\n\n\n\n<p>Globally, business schools are moving toward <strong>practice-integrated learning<\/strong> \u2014 where academic theory and professional expertise interact continuously.<\/p>\n\n\n\n<p>The <strong>Professor of Practice in management education<\/strong> model responds to three structural gaps that traditional academia often struggles to address.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Bridging the Classroom\u2013Industry Divide<\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Traditional Academic Gap<\/th><th>Contribution of Professors of Practice<\/th><\/tr><\/thead><tbody><tr><td>Theory-heavy curriculum<\/td><td>Real-world business decision scenarios<\/td><\/tr><tr><td>Limited exposure to leadership roles<\/td><td>Executive-level insights and lived experiences<\/td><\/tr><tr><td>Weak transition from campus to workplace<\/td><td>Mentorship and career readiness guidance<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>Unlike visiting speakers or guest lecturers, Professors of Practice are embedded within the institutional ecosystem. They contribute to mentoring, curriculum design, employability coaching, and industry exposure.<\/p>\n\n\n\n<p>At FIIB, this model allows students to see how concepts discussed in class translate into real decisions inside boardrooms and leadership teams.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\">Research Insight: The Mentorship Advantage<\/h3>\n\n\n\n<p>Academic research increasingly highlights the importance of industry mentorship in improving graduate career outcomes.<\/p>\n\n\n\n<p>A recent study examining the transition of graduates into professional careers found that students who received <strong>structured mentoring during their academic journey demonstrated stronger leadership development, workplace confidence, and <\/strong><a href=\"https:\/\/www.fiib.edu.in\/program-pgdm\/employability-support\" type=\"link\" id=\"https:\/\/www.fiib.edu.in\/program-pgdm\/employability-support\"><strong>long-term career growth<\/strong>.<\/a><\/p>\n\n\n\n<p>The study also revealed that <strong>less than half of graduates receive consistent mentoring during their transition from university to industry<\/strong>.<\/p>\n\n\n\n<p>This gap creates a powerful opportunity for institutions to intervene early \u2014 by integrating experienced professionals directly into learning ecosystems.<\/p>\n\n\n\n<p>The <strong>Professor of Practice in management education<\/strong> framework enables precisely that.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">FIIB\u2019s Approach: Experience as Pedagogy<\/h2>\n\n\n\n<p>FIIB has consciously adopted the <strong>Professor of Practice in management education<\/strong> model to strengthen its focus on employability, leadership readiness, and industry relevance.<\/p>\n\n\n\n<p>Two distinguished professionals currently serve as Professors of Practice at FIIB, bringing decades of cross-sectoral and global experience into the classroom. Their presence reflects FIIB\u2019s belief that management education must be <strong>lived, not just learned.<\/strong><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\"><a href=\"https:\/\/www.fiib.edu.in\/meet-our-faculty\/prof-indrajit-lahiri\" type=\"link\" id=\"https:\/\/www.fiib.edu.in\/meet-our-faculty\/prof-indrajit-lahiri\">Prof. Indrajit Lahiri<\/a>: Global Banking Insight, Classroom Impact<\/h3>\n\n\n\n<p>With more than <strong>30 years of international banking and financial services experience<\/strong>, Professor <strong>Indrajit Lahiri<\/strong> embodies the depth and perspective that the <strong>Professor of Practice in management education<\/strong> role is meant to bring.<\/p>\n\n\n\n<p>Having held senior leadership positions across organisations such as <strong>Citi, GE Capital, and Barclays<\/strong>, his career spans multiple geographies including India, Southeast Asia, the Middle East, Africa, Russia, and Vietnam.<\/p>\n\n\n\n<p>His professional journey has involved leading large-scale transformations, operational excellence programs, and risk management initiatives across complex financial institutions.<\/p>\n\n\n\n<p>At FIIB, his contribution extends far beyond classroom lectures.<\/p>\n\n\n\n<p>He works closely with students to:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>conduct one-on-one mock interviews and CV clinics<\/li>\n\n\n\n<li>prepare them for high-pressure recruitment environments<\/li>\n\n\n\n<li>simulate leadership decision scenarios<\/li>\n\n\n\n<li>help students navigate global career opportunities<\/li>\n<\/ul>\n\n\n\n<p>During mentoring sessions, Prof. Lahiri often emphasises a key leadership insight.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cStudents often assume leadership begins when authority is given. In reality, leadership begins when you start taking responsibility for decisions \u2014 even before the title arrives.\u201d<\/p>\n<\/blockquote>\n\n\n\n<p>By translating complex banking and risk frameworks into real decision stories, he enables students to understand how strategic thinking unfolds in real organisations.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\"><a href=\"https:\/\/www.fiib.edu.in\/meet-our-faculty\/dr-sorabh-bajaj\" type=\"link\" id=\"https:\/\/www.fiib.edu.in\/meet-our-faculty\/dr-sorabh-bajaj\">Dr. Sorabh Bajaj<\/a>: Strategy, Systems, and Execution<\/h3>\n\n\n\n<p>Professor <strong>Sorabh Bajaj<\/strong> brings a complementary perspective to FIIB\u2019s learning ecosystem \u2014 one rooted in strategy execution and operational excellence.<\/p>\n\n\n\n<p>With <strong>over 18 years of experience across BFSI, defence, and EdTech sectors<\/strong>, he has worked extensively in business transformation, consulting, and operational improvement roles.<\/p>\n\n\n\n<p>His professional credentials include:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Lean Six Sigma Black Belt<\/strong><\/li>\n\n\n\n<li><strong>Project Management Professional (PMP)<\/strong><\/li>\n\n\n\n<li><strong>Tata Business Excellence Model Assessor<\/strong><\/li>\n<\/ul>\n\n\n\n<p>Prof. Bajaj has also contributed to course design and delivery with institutions such as <strong>Northwestern University, INSEAD, UC San Diego,<\/strong> bringing global academic exposure into FIIB\u2019s classrooms.<\/p>\n\n\n\n<p>At FIIB, his role focuses on helping students bridge the gap between strategy formulation and execution.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cStrategy is exciting to discuss,\u201d he notes, \u201cbut organisations succeed because of systems, discipline, and execution capability. The real challenge is translating ideas into measurable outcomes.\u201d<\/p>\n<\/blockquote>\n\n\n\n<p>His sessions introduce students to consulting frameworks, operational diagnostics, and stakeholder alignment strategies \u2014 allowing them to experience how organisations translate ideas into results.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">Beyond Teaching: Building Employability and Confidence<\/h2>\n\n\n\n<p>What distinguishes FIIB\u2019s <strong>Professor of Practice in management education<\/strong> approach is not simply the experience of its faculty \u2014 but how deliberately that experience is integrated into the student journey.<\/p>\n\n\n\n<p>Through mentoring, career coaching, and applied discussions, Professors of Practice help students:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>articulate their professional strengths confidently<\/li>\n\n\n\n<li>understand workplace expectations early<\/li>\n\n\n\n<li>navigate career decisions more strategically<\/li>\n\n\n\n<li>transition smoothly from campus to corporate environments<\/li>\n<\/ul>\n\n\n\n<p>This integrated model aligns with FIIB\u2019s broader philosophy of <strong>employability-driven education<\/strong>, where classroom learning, industry exposure, and leadership development are treated as interconnected experiences.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">The Future of Management Education<\/h2>\n\n\n\n<p>As higher education evolves globally, one insight is becoming increasingly clear: <strong>relevance cannot be retrofitted after graduation.<\/strong><\/p>\n\n\n\n<p>Business schools must create learning environments where theory and practice interact continuously.<\/p>\n\n\n\n<p>The <strong>Professor of Practice in management education<\/strong> model represents a powerful step in that direction.<\/p>\n\n\n\n<p>By embedding experienced industry leaders into its academic ecosystem, FIIB ensures that students are not merely prepared to enter organisations \u2014 but to contribute meaningfully from their very first day.<\/p>\n\n\n\n<p>In an era where knowledge is widely accessible but judgment remains scarce, the most valuable classrooms may well be those where <strong>experience meets education<\/strong>.<\/p>\n\n\n\n<p>And at FIIB, that meeting happens every day \u2014 in classrooms, mentoring conversations, and career guidance sessions that prepare future managers for a complex and rapidly evolving business world.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Textbooks teach frameworks. Experience teaches judgment. Across India\u2019s higher education landscape, a quiet but consequential shift is underway. Universities are increasingly recognising that while theory builds intellectual foundations, it is lived professional experience that prepares students to navigate complexity, ambiguity, and real decision-making. At the centre of this shift is the Professor of Practice in [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":1072,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[264,261,263,262],"class_list":["post-1071","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-faculty-insights","tag-industry-mentorship-in-business-schools","tag-industry-professionals-in-mba-education","tag-mba-employability-india","tag-practice-based-management-learning"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Professor of Practice in Management Education<\/title>\n<meta name=\"description\" content=\"Discover how Professor of Practice are reshaping management education by bringing industry experience into classrooms\" \/>\n<meta name=\"robots\" content=\"index, follow, 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