GC Murmu, Comptroller and Auditor General of India, (CAG) encouraged Master of Business Administration (MBA) graduates on Friday to focus on honesty, accountability, and openness since they are the foundations of any business or profession.
The CAG added while speaking online to MBA students at the Indian Institute of Management (IIM) Rohtak that management students should keep in mind the requirements of the country and consider how their efforts, ideas, and expertise may benefit other Indians.
He emphasised that internal and external audits are an important factor of accountability and that every organisation has a proper system for them. “Responsibility in any organization envisages accountability, accountability to stakeholders, shareholders, investors and public at large. Fairness, integrity, accountability, and transparency form the cornerstone in any venture or profession.”
According to the CAG, there is a global concern for sustainable development and environmental concerns, for which everyone is required to be aware and committed. He mentioned, “I am certain that the institute recognizes all these and will equip you with all adequate resources in these aspects as part of the overall grooming programme.”
“It becomes your responsibility to use your skill, talent and capability to identify and create strategies and projects that will have an impact on the urgent social, psychological and ecological problems and make a positive contribution towards shaping an inclusive society,” Murmu said while praising IIM Rohtak for having a record ratio of female MBA students—more than 60%—and expressed the hope that these students will pave the way for social entrepreneurship in the years to come.
The demands of the nation should always be kept in mind as management students pursue their careers, no matter where they may end up. They should also consider how their efforts may benefit other Indians.