In a major move, the Indian Institute of Management (IIM) Ranchi has announced the replacement of traditional hall-based mid-term examinations with AI-integrated business problem-solving projects across all courses. The initiative, called Working with AI (WAI), aims to bridge the gap between theoretical learning and practical, technology-driven business challenges, positioning the institute at the forefront of pedagogical innovation, as per a statement by IIM-Ranchi.
“Traditional isolated theoretical learning is no longer aligned with the dynamic demands of modern businesses,” said Deepak Srivastava, Director, IIM Ranchi. “Our students need to collaborate with emerging technologies to solve complex real-world problems. The WAI initiative makes AI a fundamental component of business education rather than a separate subject.”
The director added that WAI addresses a critical shortcoming in conventional management education—where graduates often lack hands-on experience in human-AI collaboration, a skill increasingly vital in today’s workplace.
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Under this model, students will work on live business scenarios where they must use AI tools as collaborative partners in problem-solving. “This approach ensures students develop AI competencies organically, not through isolated technology courses,” Srivastava said.
While mid-term assessments will undergo this transformation, IIM Ranchi will retain traditional hall-based exams for end-term evaluations.
“We are not discarding traditional methods; we are building a balanced assessment system that values both academic knowledge and practical application,” said Gaurav Manohar Marathe, Chairperson, Student Engagement and Development Committee. “This hybrid model nurtures analytical reasoning alongside technological fluency.”