Which IIM alumni have made a real difference in the business world?

Hi, Rashmi Bansal is an Indian non-fiction writer, entrepreneur and a youth expert. As of 2016, she is the author of seven books on entrepreneurship. Her first book, Stay Hungry Stay Foolish, traced the progress of 25 MBA entrepreneurs and sold over 500,000 copies, a record for books published in India. On graduating from IIM, she first worked as a brand manager for the Times of India. After developing a youth page for The Independent, she went on to found JAM (Just Another Magazine), a youth magazine in collaboration with her husband Yatin Bansal. She was inspired to write Stay Hungry Stay Foolish (2008) by Rakesh Basant, a professor at IIM Ahmedabad who suggested she should cover the experiences of 25 entrepreneurs from the school. It turned out to be so successful that 100,000 copies were sold in the first 10 months, eventually recording sales of over 350,000. Her next book, Connect the Dots (2010), traced the progress of entrepreneurs without the MBA qualification. It also proved to be a best seller. Her I Have a Dream (2011) focused on social entrepreneurs, introducing an interesting mix of English and Hindi, popularly known as Hinglish, in an attempt to add a more realistic account of her personalities. In an interview with Heather Timmons of the New York Times, Bansal explained she decided to use Hinglish as it provides a more direct representation of people's voices and makes them more real. More recently, Bansal has written another four best-sellers on entrepreneurs: Poor Little Rich Slum, Follow Every Rainbow, Take Me Home and Arise Awake. All are concerned with entrepreneurship with advice on how to succeed. She frequently illustrates her ideas with accounts of those who have risen to unexpected heights.

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There are some notable alumni from every IIM. Some are famous and we all know them. Let's have a look at some of these persons: Raghuram Rajan: Raghuram Govind Rajan is an Indian economist who is the Katherine Dusak Miller Distinguished Service Professor of Finance at the University of Chicago Booth School of Business. He is a former Governor of Reserve Bank of India. K.V. Kamath: Kundapur Vaman Kamath, commonly referred to as K. V. Kamath, is the chief of the New Development Bank of BRICS countries, he has served as the Chairman of Infosys Limited. Vijay Mahajan from IIM A: He worked in organizations like PRADAN and Vika before he formed his own company by the name of BASIX. The main purpose of the organization is to provide employment to the poor and especially the women. Shikha Sharma: She is the head of Axis Bank. She is an able leader and under her able guidance, the bank has gained more prominence in the financial arena.

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Let's talk about the greatest alumni who made an impact in all the fields including business. Let's start with my personal favorites - Raghuram Rajan and Ashwath Damodaran. Raghuram Rajan (IIM, Ahmedabad) - Has been governor of Reserve bank of India, now is Vice chairman of International settlements and a great finance professor. Aswath Damodaran (IIM, Bangalore) - One of best finance professors worldwide. He teaches at NYU Stern and has written books on valuation which gained worldwide appreciation. He was featured in Business week in top 12 U.S business school professors. Indra Nooyi (IIM, Calcutta) - CEO of Pepsico and a Padma Bhushan awardee. Also, featured in Forbes list of 100 most influential women in world. Sanjeev Bikhchandani - A great entrepreneur and founder of Naukri.com. Harsha Bhogle - A great cricket commentator and writer. Some other famous IIM alumni turned writers are Karan Bajaj, Amish Tripathi, Ramachandra Guha. Other than these thousands of IIM Alumni are leading various companies and leading the growth of nation.

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