IBSAT-2023: Unlocking Pathways to MBA Excellence at ICFAI Business School

ICFAI Business School (IBS) has been at the forefront of management education across its nine campuses. ICFAI Business School (IBS) offers MBA programs at its campuses in Hyderabad, Bengaluru, Dehradun, and Jaipur. The rest of its five campuses offer the Post Graduate Program in Management (PGPM). With a strong commitment to merit and excellence, ICFAI Business School (IBS) has successfully nurtured over 65,000 students who have achieved remarkable success in India and abroad.

ICFAI Business School (IBS) follows a distinctive teaching approach, emphasizing 100% case-based learning. The faculty comprises experienced academicians and industry professionals who possess a passion for teaching and bring real-world insights into the classroom.

Maintaining an impressive placement record, ICFAI Business School (IBS) consistently ensures that a minimum of 96% of student’s secure placements every year. Graduates find opportunities in various sectors, including Banking, Financial Services, IT/ITES, Consulting, Insurance, and Manufacturing. Additionally, ICFAI Business School (IBS) has a notable track record of placing students in international companies.

To facilitate admissions, ICFAI Business School (IBS) conducts MBA Entrance Exam known as ICFAI Business School Aptitude Test (IBSAT-2023) in the month of December. Qualified candidates proceed to the selection process, which includes group discussions and personal interviews. Admission offers to IBS’ 9 campuses are made based on performance, and campus preferences.  

IBS Hyderabad, with its prestigious accreditations such as AACSB, stands out as a leading institution in management education. It has achieved an impressive NIRF ranking of 27 in 2021 and holds an NAAC A++ ranking. Admissions for the MBA/PGPM and PhD programs at ICFAI Business School (IBS) are based on IBSAT, followed by group discussions and interviews. The IBSAT 2023 test window is scheduled for the 4th week of December, 2023, while the group discussions and personal interviews will take place in February/March 2024.

Eligibility requirements for the programs include a minimum of 50% marks in graduation in any discipline, with English as the medium of instruction. Applicants should have completed a minimum of 15 years of regular education (on a 10 + 2 + 3 or 10 + 2 + 4 basis), Final Year students are also eligible to apply.

The important dates for IBSAT 2023 are as follows:

  • Application Submission: July 01, 2023 – 3rd Week of December 2023
  • Test: 4th week of December 2023
  • Results: 1st Week of January 2024
  • Selection Briefings: 2nd Week of January 2024
  • Selection Process: February/March 2024

For more information please visit https://ibsindia.org/

Click Here to apply for IBSAT 2023. 

Scan QR for Registration

Contact Details:

IBS Admission Office

Plot No. 65, Nagarjuna Hills

Punjagutta, Hyderabad – 500082

Telangana

Ph: 040 – 23440963 (5 lines)

Toll-Free: 1800 425 55 66 77

E-mail: ibsat@ibsindia.org

USEFUL WEBSITES FOR MANAGEMENT STUDENTS

The world is changing and evolving at a fast pace. There is more to learn than ever before, from shifting viewpoints on history and human studies to the world of deep AI and computer science.

It can be challenging to find places to learn new things, develop new talents, and widen your perspectives if you are enrolled in an MBA program. The Internet is assisting in resolving this by making courses and training more accessible than ever before. Individuals can continue their education by taking online classes, and we’ve compiled a list of resources to help you find the best fit for you.

Here are some of the top online learning sites, including a variety of free and paid classes, courses, training, credentials, and other resources.

Various Websites for Academic Learning are as follows:

Alison’s Learning Paths (https://alison.com/)

Alison provides free online courses developed by experts in a variety of topics. This was compiled by a team of academics and businesses. Some are sponsored by various businesses to assist with very particular projects such as applying for various types of certifications and exams. Classes are divided into several categories, including marketing, health, humanities, science, and technology. Some of the advanced seminars are paid, but the service provides several free online learning paths designed to provide the framework for earning a credential elsewhere.

LinkedIn Learning (https://www.linkedin.com/learning)

LinkedIn Learning offers a large pool of videos with subscriptions beginning at $19.99 or ₹ 1600 per month. The subscription also includes LinkedIn’s Premium Career tools, which can help you further advance your career.

The service is mostly concerned with technological skills such as programming in different languages. You’ll need a LinkedIn account, and the start-up claims that it will deliver courses as well as provide recommendations based on your current job, abilities, and what other professionals are learning.

Academic Earth (https://academicearth.org/)

Academic Earth is a repository of free online college courses from some of the world’s most prestigious universities and schools. On its website, you can search for specific courses in a variety of areas as well as search by the university. It also organises playlists and video groups to help you learn from a variety of providers.

Academic Earth is a nice place to start with. It collects numerous free courses from around the world, thus clicking on a lesson plan may send you to another on the list, such as MIT Open Courseware.

Khan Academy (khanacademy.org)

It is one of the most helpful websites and is a pure academic learning-based collection of simple instructional videos, practice exercises, and a tailored learning dashboard.

It has emerged as a strong online platform for supporting students in creating sound foundations in Mathematics, Physics, Computers, History, Arts, Economics, and SAT/LSAT preparation.

Encyclopaedia Britannica (britannica.com)

A global leader who has inspired students to learn and answered their curious questions for the past 250 years—a legacy in and of itself. It’s no surprise that it’s one of the most useful websites for students.

Some well-known companies that transmit knowledge among learners are Encyclopaedia Britannica, Encyclopaedia Britannica Kids, Britannica digital learning, and Merriam-Webster.

Open Culture (openculture.com)

A free learning medium from the world’s leading universities for a digital educational experience.

You will find 1,500 online courses from colleges such as Stanford, Yale, MIT, Harvard, and Oxford in areas such as History, Philosophy, Literature, Physics, Biology, Psychology, and Computer Science.

They also feature audiobooks, eBooks, podcasts, videos, and study material ranging from Kindergarten to 12th grade.

Grammarly (grammarly.com)

An amazing approach to avoid making language, grammatical and spelling mistakes. It helps you to improve your writing skills.

Udemy (udemy.com)

This blog would be incomplete if this name was not included. It has established itself as an undisputed global leader in linking millions of students with the expertise they seek.

Almost every course is offered in 65+ languages and is taught by mentors who are professionals in their field and give their students the best.

The Best English Learning Websites for Students:

Esolcourses (esolcourses.com)

You can improve your English language abilities by participating in interactive listening classes, writing tests, reading exercises, puzzles, games, and short stories.

Mangoosh (mangoosh.com)

If your next goal after your MBA is GMAT preparation, then this site does provide significant TOFEL material as well as mock tests. If you wish to take the course, it will cost you money. If not, full information for every sort of test is still freely available on the website.

The Most Beneficial Websites for Students Learning Designing and Presentation:

Skillshare (www.skillshare.com)

They are an online learning community that offers thousands of lessons to engage and inspire people who are creatively inclined. Their videos are comprehensive and inspire you to think beyond the cliché crafts… It makes no difference whether you are a novice or an experienced maker.

Crochet, macramé, jewellary, sculpting, embossing, painting, embroidery, and sewing are all available, as well as other creative classes such as creative writing, photography, animation, and web design.

Canva (https://www.canva.com/)

Canva is a visual design application that makes it simple to create bespoke graphics. It is simple to use and may be accessed by phone or tablet. You may use it not just to liven up your social media content, but also to design things like presentations, invites, posters, brochures, business cards, and so on.

The Best Website for Free eBooks:

 Freetechbooks (http://www.freetechbooks.com/)

If you enjoy science and technology, you will enjoy this website. Electronics, telecommunications, computer science, and other engineering-related professional courses can benefit greatly from it.

ReadPrint (http://www.readprint.com/)

Whether you’re a book nerd or an MBA student, you may now access a vast library of thousands of popular classics.

The Most Helpful Website for Admission Information:

Indiastudychannel (indiastudychannel.com)

This is a website that provides information about India.

It is regarded as the greatest educational website in India, not only because it gives admission-related assistance to universities, colleges, and schools in the country, but also because it contains quality content for a comprehensive guide to finding admission to the best universities abroad. Exams, the school system, exam results, and admission preparation are also covered in detail.

Collegedunia (http://www.collegedunia.com/)

It’s a comprehensive guide that doesn’t leave anything out when it comes to higher education.

List of top colleges in India based on the most recent rankings for various courses, news and notifications on admission tests, current events in the field of education in India, college reviews, top courses, and country-by-country abroad study guide.

You name anything, they’ve got it.

All of this on a very well-organized and user-friendly website makes the experience even more enjoyable.

The Most Beneficial Websites for Students Seeking Internships:

Internshala (https://internshala.com/)

One of the most well-known names in an online platform with a long number of companies looking for interns. And don’t worry, they’ve been checked. Students can apply for positions based on their type, duration, and nature of work, among other factors.

Careers on LinkedIn for Students (careers.linkedin.com)

LinkedIn, the most versatile professional networking site, also provides a platform for students to apply for internship positions.

You must have understood by now the breadth and depth of free online knowledge that we may access with such ease. The number of things we are unaware of is so vast that we can learn a new ability virtually every day.

So, which website are you going to explore today, let me know in the comments section!

Happy Learning!

Debojyoti Roy

IBS Gurgaon, Batch 2022-2024

Things To Do Before Starting Your MBA     

Do you know? How many students enrol for Masters in Business Administration (MBA) in India annually?

In 2021, the intake was around Four Lakh students across the nation, and as per various reports, the number is increasing every year.

In this scenario, where no. of graduates is increasing, companies are on a rampant mass layoffs, and global economic slowdowns are peeping in. Such situations compel us to worry about our future employment status after an MBA.

To add to our  growing concerns’,  a surveys shows that more than Sixty percent of MBA graduates remained unemployed due to a lack of competency and requisite skills to be employed in the competitive market.

In such a situation, the first thing that comes to your mind is, will you get your first job by the end of last semester of you MBA course?

And if you ask me, then my answer is Yes! With a strong conviction and firm belief in my abilities and education yes I will.

It all depends on your MBA journey the programme, the efforts and preparedness for being future ready. It becomes the deciding factor of your personal and professional growth.

Like other Business Schools, the ICFAI Business School’s admission process for the new session has ended, and you may be looking for your name in the final selection list of your dream B-School.

Admission is a part of your journey and plays a vital role in deciding your career. To get your dream job or get a chance to work for your dream organization, you need to be an extraordinary, adaptive learner and intelligent player.

Here, you may find these terms generic terms, but they encompass different elements that give you an edge over others.

ICFAI Business School always focuses on individual progress and productivity by facilitating an environment that indulges these elements.

Now, let’s discuss how you segregate yourself from the pool of management graduates.

Here, you get a gist of crucial activities you should consider before starting your MBA. It helps you develop unique skills and capabilities per contemporary market demands, which are as follows:

  • Prepare a plan-B.

It is the first and foremost thing, but most of us do not consider Plan B necessary. Always remember that before taking any step or decision, you should be ready with the following plan to execute in case you fail in your original one.

  • Ask For support.

Many-a-times, students try to find out solutions on their own. But the right approach is to ask for support or discuss with your parents, teachers, and seniors. Also, connect with the Alumni of different B-Schools, who will help you know the accurate and effective ways to deal with your queries and help you build a healthy network for your future.

  • Start reading business-related books, magazines, and newspapers.

The experts, professionals, and seniors highly recommend reading daily news and being aware of the market scenarios to understand the economy’s pulse. Because if you decide to be a part of a corporate and pursue a management course, then you should dedicate yourself to it

Image Source: https://keydifferences.com/wp-content/uploads/2019/11/newspaper-vs-magazine.jpg

  • Go through the basics.

Before going to the actual classroom, you should know the fundamentals of the major domains such as Finance, Marketing, Human Resources, Operations, Analytics, etc. This pre-conceived knowledge helps you to understand the concepts well and keeps you attentive during the class.

  • Learn about your B-school.

You should know about your B-School holistically. You can get the relevant information through different sources such as the management website, online reviews, and alumni. Every business school has an adequate alumni base, and you should connect with them through social media to learn about the institute effectively.

  • Improve time management.

You will be a part of the management program and get employment at the management level, but what if you are less efficient in time management? A management student’s first and foremost priority is to utilize time and perform the right action at the right time.

  • Maintain Body Fitness.

The life of the Corporate is very demanding, and reports say that people ignore their health as they indulge in different activities simultaneously. Also, working conditions make them sit and work long on electronic gadgets. These routines adversely affect their health, and they may spend much of their income on treatment or medication.

Therefore, you should maintain a healthy body with physical exercises every day.

  • Do a short-term certification course.

In the admission process of any college, there is a gap of a few weeks between the final selection and reporting day. Therefore, in this phase, you can join two to three certification courses related to different domains. These courses will help you utilize time and enhance your Knowledge, Skills, and Ability.

  • Learn professional software.

As you know, technology is the future, and software handling will remain in demand for a long. Companies use different professional software such as MS Office (Excel, PowerPoint, Word, etc), PowerBI, Tableau, etc., as per task and your career path becomes progressive if you have a basic understanding of these software.

  • Work on your Resume/Curriculum Vitae.

What if you have different skills and abilities to perform a task or job efficiently but cannot express or present them before others? Similarly, the modern recruitment process shortlist applicants based on your Resume/ Curriculum Vitae. Therefore, every management student should work on it regularly and enrich it with the accurate skill set required for their job.

  • Brush up your personality.

Your personality’s role is crucial at any stage of your life, especially in corporate life. Your character is based on several factors, such as Soft Skills (Communication, Team Work, Leadership, Physical Appearance, Hobbies etc) and Hard Skills (Technical or professional Skills).If you work on both aspects, you may be on a path to success.

Personality-Development.png

  • Work on Social Media Accounts.

At last, you should work on your social media accounts. Because now-a-days, many firms hire candidates as per their process and go through their social media handles such as LinkedIn, Instagram, Facebook, Twitter, etc. Therefore, you should maintain them appropriately in order to present yourself as a perfect candidate and remove inappropriate stuff, if any.

Overall, these are the key points to remember and work on before going to your MBA classroom.

A famous saying is, “Success occurs when opportunity meets preparation – Zig Ziglar”. It indicates that you will invest much in an MBA program, so utilize your time and energy from today because your preparations will determine your success tomorrow.

Finally, it would help if you always remember that your family and friends are doing a lot for you and your future, so spend time with them and keep discussing your problems with them.

Always keep your priority list ready with you while indulging in multitasking.

Starting something new will always be super exciting, so gear up for the adventure awaiting you.

All the best!

Himanshu Gurjar

The Transformative Journey: My Experience at IBS Gurgaon

While I was pursuing my BBA, I had one clear goal in my mind – to pursue an MBA from one of the top Business Schools. The dream became a reality when I received the result that I had cleared the interview and been selected for PGPM at IBS Gurgaon.

The sound of the envelope tearing echoed in my mind till now, as I recall the moment when I opened it, to reveal a letter of congratulations. The fresh fragrance of the crisp white paper still lingers in my nostrils.  My heart raced as excitement surged through me when I read ‘CONGRATULATIONS ARSHNEET! YOU HAVE BEEN SELECTED FOR A TWO-YEAR PGPM COURSE AT IBS GURGAON.” I  was selected for a top B-School in Delhi, and my elation knew no bounds.

As I held the letter in my shaking hands, a flood of emotions overtook me. At first, I was nervous and uncertain, but as I continued reading, the thrill of the opportunity set in. I was overjoyed, my dreams were finally within reach.

The mere thought of attending one of the best B-Schools in Delhi filled me with a sense of pride and accomplishment. My hard work and dedication had finally paid off, and I couldn’t help but feel a rush of excitement as I envisioned the limitless opportunities that lay ahead.

As I relived the moments of the interview, my mind conjured up images of myself in the classrooms, networking with industry leaders, and honing my skills to become the best version of myself. The thrill of the journey ahead was palpable, and I was eager to embark on this new chapter of my life.

The journey ahead promised to be an exciting one, and I couldn’t wait to embark on it. Every thought was now centered on this new chapter of my life, and the endless possibilities it held. I felt like I was on top of the world, and nothing could bring me down.”

for the first time remains vivid and unforgettable. The lush green campus, state-of-the-art classrooms equipped with the latest technology, cutting-edge computer labs, and an energetic cafeteria all made for a breathtaking first impression.

Since that day, my life has been a rollercoaster of discovery and growth. The rigorous academic schedule, with five days of intensive classes, endless assignments, challenging quizzes, and nerve-wracking presentations, tested me like never before. However, the experience helped me tap into my true potential and unleash my inner strengths.

The first semester for me was a true adventure, with students divided into different sections, each with its own unique faculty member and schedule. The diversity and dynamic atmosphere have an unforgettable learning experience.

But what truly set IBS apart was its case-based learning methodology. My marketing classes with Professor Dr. Vibha Arora were especially memorable. She brought a new case study to the table each and every class, sparking interactive and thought-provoking discussions among students.

Can you imagine being in that classroom, surrounded by peers, a passionate professor, and real-world business scenarios? That’s the kind of dynamic and engaging learning experience I have at IBS Gurgaon.”

Now not only there are ample opportunities to delve into academic subjects, but the campus is also abuzz with a vibrant and diverse array of extracurricular events, from dance and music performances to dramatic productions and more.

One of the defining features of IBS is its diverse student body, drawn from all corners of India. This diversity not only enriches the classroom experience but also lays the foundation for a thriving alumni network that IBS is known for.

Looking back on my time at IBS so far, I am filled with gratitude and a sense of purpose. My journey at IBS Gurgaon has been nothing extraordinary.

From the moment I received the letter of acceptance, I knew that I was embarking on a life-changing experience. The rigorous academic schedule and case-based learning methodology, combined with the diverse and dynamic student body, made a truly memorable learning experience.

The first semester was a rollercoaster of discovery and growth, and I am grateful for the opportunities and learnings that I have received so far. I have had the privilege of being surrounded by passionate professors and peers who have helped me and become my support system. The campus was a bustling hub of extracurricular activities, and the diversity of students from all over the country helped lay the foundation for a thriving alumni network. I am excited for the next 1.5 years of my journey and the challenges and opportunities that await me.

My days at IBS Gurgaon have been more than just attending a business. It has been a transformative journey that has equipped me with the skills, knowledge, and confidence to succeed in the fast-paced world of business. Looking back, I am proud to have been a part of this premier institute and would highly recommend it to anyone looking to take their career to the next level.”

Comment below and let me know how was your first semester at IBS Gurgaon.

Arshneet Singh

Batch 2022-24

QUICK STUDY TIPS IN AN MBA PROGRAM

ICFAI Business School, also known as IBS is a renowned institute for students who are looking for a good opportunity to seek and learn. A Master of Business Administration (MBA) program can help you prepare for a rewarding career in business. During your program, you study several facets of business and develop leadership, communication, and other skills necessary for professional success. MBA degree programs, whether in-person or online, can be difficult. You’ll be conducting projects, taking tests and exams, and completing other assignments in addition to learning new content and honing your skills.

While the workload for an MBA school may appear daunting, developing strong study habits from the start will assist. Developing solid study habits can help you keep on top of all your work and prepare for examinations and exams. How should an MBA student approach studying in order to succeed and achieve all the necessary goals he or she wants?

Here are some quick study tips for MBA/PGPM students, that will help you succeed in the program:

1. Understand the MBA Program Requirements in Depth

The first step in building study habits is to ensure that you understand all of the criteria for your MBA program. Examine the classes you’ll be taking this semester and plan ahead to see what kind of classes you’ll be taking later. Knowing what kind of material, you’ll be studying might help you design a study plan for the duration of your MBA program. While reviewing requirements, seek information on projects, assignments, and tests for your classes. Knowing what you’ll be studying will help you prepare. If you’re still applying to MBA programs, go through all of the prerequisites, regarding admissions as exams and essays.

2. Understand Your Learning Style

Knowing your learning type might assist you in developing appropriate study habits. Everyone has a unique learning style that makes it easier to grasp new ideas. These various learning styles are based on distinct techniques for learning new content, such as visual, auditory, and kinesthetic. For example, if you are a visual learner, having visual aids to study with can help you prepare for exams and tests in your MBA program. However, if you are more of an aural learner, these visual aids may make it difficult to understand what you are learning.

Visual learners rely on visual aids to learn, whereas auditory learners benefit more from listening to content than seeing it explained in written form, symbols, graphs, or other visible ways. Kinesthetic learners learn by doing, whereas reading and writing learners rely significantly on written material to understand new concepts. Once you’ve determined your learning type, you can modify your study habits accordingly.

3. Create a Study Schedule

Studying infrequently or only when you need to grasp difficult topics will not help you develop effective study habits. Create a consistent study schedule instead of sporadic or random study sessions. How frequently should you study, when should you study, and how long should you study? The answers to these questions vary depending on what you’re studying or whether you have any upcoming exams.

Instead of having one large study session on the weekend, you might prefer to organise small study sessions throughout the week. This keeps the subject fresh in your mind. As you progress through your MBA program and encounter more difficult or complex content, your study sessions may need to become more frequent or slightly longer. When you’ve devised a regular study schedule, write it down and set reminders for yourself so that you can easily keep track of when you’re supposed to study.

4. Create an Effective Study Environment

Set up a decent study place as part of your studies. Having a dedicated study place might help you get into the correct mindset for focusing on homework and studying for examinations. Avoid studying in a high-traffic area of your home, such as the kitchen table, as this can easily distract you. You should also avoid studying in a too comfortable environment, such as on the couch or in your bed. These places can make it all too easy to nod off while attempting to study.

Your ideal study location should be at a desk or table in a peaceful part of your home where you won’t be disturbed. If feasible, have notebooks and other school supplies nearby, as well as a place to set up your laptop or tablet to access notes and assignments. A study place can be created in a home office or bedroom with a desk and chair. Make sure no one in your house bothers you when you’re studying so you can focus.

5. Make Use of Study Apps and Technology

When it comes to developing study habits, technology can be a huge assistance. Study apps and other technological aids might help you build excellent habits. You may use these applications to take notes, remain organized with to-do lists, create timetables, and manage your time more successfully. Study applications and other electronic tools can be used on your phone or tablet, so you’ll always have them with you.

Look into apps for your phone or tablet if you need a convenient way to organize your notes or set up reminders for study group meetings or your solo studying sessions. Having these apps and tech tools on hand will help you save time and mental energy so you can concentrate on your academics.

6. Seek Help from Study Groups

While studying alone might be effective at times, having study groups to turn to can be quite beneficial. Study groups with fellow MBA students can help you learn and understand new concepts and materials as you work through them. If you’re having problems remembering information or understanding a subject, members of your study group may be able to assist you. Studying in a group may help you remember distinct concepts or fully understand new information. You’ll also have the opportunity to help your fellow study group members in this way.

You can meet with study groups on a regular basis during your MBA degree, which is a wonderful choice if you require assistance frequently. You may, however, only use study groups at specified periods during your MBA program, such as when you have approaching exams or tests. The frequency with which you attend study groups is determined by how much assistance you desire or require.

7. Remember the End Goal

It’s easy to lose sight of your goals while you’re focused on developing excellent study habits. Consider the end goal, which is to obtain an MBA so that you can develop a rewarding profession. Remembering your end objective will help you relax while you’re feeling uncomfortable or agitated during your MBA program. Knowing that all of your learning is contributing to the achievement of your goal might help you stay motivated to accomplish your best.

Thus, it is important to remember that developing excellent study habits as an MBA student takes time and effort. Starting these habits as soon as possible can assist ensure that you are ready to employ them when you begin your MBA program. Having these habits will help you do well in all of your classes as you progress through your degree program. Whether you’re studying for an impending exam or working on a project, these study habits can help you stay focused and achieve your objectives.

Let me know in the comments what study tips you follow!

Happy Learning

Debojyoti Roy

Batch 2022-24

MAKE DIARY YOUR BEST FRIEND

Writing is another powerful way to sharpen the mental saw. Keeping a journal of our thoughts, experiences, insights, and learning promotes mental clarity, exactness, and context.          

-Stephen Covey

People say everyone should try to inculcate the habit of writing and journaling. Many do have the habit to note down the few important pointers. But how much do we often journalize our daily activities?

A lot of questions strike one’s mind before starting to write. Why should we do it? What’s the need to do it?

It is important to get the answers to plenty of questions to start a habit that is beneficial for us.

Before moving forward with the importance of maintaining a diary, let’s know what is a diary writing  in general.

A diary is  a  note book to record events, experiences,emotions and learning and express oneself in a way he/she wants.

Why one should maintain a diary?

Some basic reasons to maintain a diary are:

○To be self-aware- By stating the important pointers helps one to be aware of himself/ herself on a personal level.

○To set written goals- Writing  down your goals and targets, gives them a permanence , reminding you, again and again, to work on them.

○To improve writing skills – The habit of noting your important things down in a diary helps one to improve his/her writing skills in a much more productive way.

○For better time management- Listing down the important events helps to create a to-do list which eventually helps the student to create a priority and work accordingly.

○To keep a thought tracker- If a person forgets something, he/she is highly advised to maintain a diary and note down his/her things in it so that if he/she misses out something can go and check out his diary, helping him/her complete all the tasks on time.

○To keep a note of learning – If you are a student, then maintaining a diary is highly recommended. Why? Because as a student, every day comes with new learning, and noting it down in a diary helps to memorize those learning for the long term permanently. Memorizing these learning for the long term surely helps the students in the implementation of them in their life whenever required or needed.

○To inculcate the habit of practicing – It is said, the best way to get better at something is to practice it regularly. Maintaining or writing a diary allows one to focus on your writing without the fear of missing out on anything.

Let’s understand this by diving into my personal experience:

If I go by my  own story, I love writing and try to maintain a diary regularly. For me, the diary is my best friend. The habit of maintaining a diary has helped me to hone up the prowess to remember and record my daily experiences. With this habit, I have gained a hands-on enhancement in my communication skills  and  build a strong vocabulary. As an MBA student, I am doing my Summer Internship  provided by IBS Gurgaon from my chosen organization . For a fresher internship is the crucial juncture in the journey towards the corporate dream. Every day  at the organization brings lots of learning,excitement and opportunities for  learning and it is  very crucial to remember all these for future references and for facing final  placement. Which itself is a daunting task as we tend to forget the details in the process. However for me, it is quite an interesting task and pretty easy to remember because of my habit of maintaining a DIARY. The habit of maintaining a diary also helps to further improve my writing skills on both personal and professional levels.

Every day I try to make a to-do list and note all my day’s learning in the diary. During my ongoing internship , I am continuing my habit of maintaining a record of everything in my diary which in return will surely help me in getting the most at the end of the internship.

Every day at the Summer Internship Program in itself is a crucial one to learn and up- skill one’s knowledge. And to be regular with it, everyday journaling in a diary is important.

It is clearly enliven that journaling as a hobby, one doesn’t need any specific skill or ability. So  my friend , what is stopping you?

Grab a diary and start noting your important events in it.

ISHITA JAIN

BATCH 2022-24

How IBS Facilitates Personality Development

Have you ever realized how important  role your personality plays  in determining your future?

Numerous studies and polls revealed that our personalities primarily determine our success.

The phrase “personality” refers to a collection of your characteristics, habits,  thought, patterns  of behavior, and emotions. 

This brings us to the reason why  personality development is given such an eminent  space in the whole skills development and training processes everywhere.

Personality development is a means that stays you ahead of  others at the workplace and you surely outshine them. I want to work in the corporate environment where it’s all the more important to have a flexible personality with teamwork, co-ordination, and multitasking skills, among  the other desirable skills.

As you know, educational institutions plays a pivotal role in developing a person’s personality.As a humanities student who wanted to work in corporate, I need to develop a personality suitable for the same. Like everyone else, I  too went to high school and college, which helped me develop my personality by providing a platform to interact with a diverse population from varied cultures .

So, I started looking for the best institute and management courses to improve my knowledge and prepare me for a  successful career in Corporate. Fortunately, the ICFAI Business School shortlisted me after me going through the admissions procedure. 

I’ve been a member of this institute for  over a year now. And, I can  firmly state that what I was promised before admission  and what I experienced  are identical.

With a focus on student growth across all possible elements, this institution recently celebrated 25 years of excellence in education . In addition to traditional classroom instruction, ICFAI Business School’s pedagogy includes various extra-curricular and developmental activities that can generally be divided into academic and non-academic/extra-curricular activities that foster personality development.

I have observed a gamut of academic events and activities  as either a participant or an audience member at ICFAI Business School .These activities comprise different events such as:

  • Alumni Mentoring Session

Since the commencement of the new session, the institute has conducted alumni mentoring sessions regularly because alumni undergo the same process of development that we need to pass on.

I have attended these sessions, and they are helping us comprehend the essential demands of the market in the present and direct our efforts in that direction.

  • Cells and Clubs Event

The ICFAI Business School offers numerous clubs with names corresponding to various domains, such as the Marketing and Finance and HR Clubs. Moreover, the cells belong to different segments such as Social Security Cell, Cell for Institutional Building Activities, Cell for Alumni Relations, etc.

I am also an active member of the People Manager Club and the Digital Marketing Cell. The numerous events and activities within these clubs and cells allow every member to develop various management skills like planning, executing and organizing.

  • Panel discussions

The panel discussions play a significant role in developing a student’s personality. It has a topic on which eminent expert participants  gracefully express their opinions.

I have attended a panel discussion on Monetary Policies and their relevance to Indian Economy.

  • Guest Lectures

This institute invites industry professionals with extensive experience and a foundational understanding of business. These forward-thinking professionals answered  the students’ quarries  and informed them of the actual operations of a business.

I attended these lectures as an audience and questioned the speakers to received the satisfactory answers to my queries on the subject.

  • Workshops

I have participated in workshops on case studies, soft skills, the basics of various applications, etc.

Thanks to these workshops as they taught me new ideas and improved my ability to assimilate them.

These academic activities are a way to spread awareness and knowledge effectively and efficiently. 

Further , let’s move on to the section that discusses extra-curricular/non-academic activities, such as:

  • Inter-College Competitions

I participated in various competitions that the ICFAI Business School’s inter-college competition organized, and I was lucky to be ranked in the top three in most. However, each activity offers a unique experience that helps me build my personality, irrespective of the outcome.

  • Annual Fest

The annual fest is the most awaited event for every  student at the Institute. The  annual fest offers inter college competition and events ranges from academic to cultural events.I also participated  in some of them and got awards in few .  This fest was a memory for me as I was a member of the organizing team, and this experience gave me many learning takeaways.

  • Festival Celebrations

 India is the land of festivals, and each one of them has a special meaning and essence of its own. The festivities  celebrated at campus bring the fervor of joy, jubiliance and gusto all over .The festivals also  teach us skills, including time management, co-ordination, and event management.

  • Industrial Visits

The ICFAI Business School makes regular industrial trips to the FMCG, medical, manufacturing, and service industries as part of Industrial Trips. 

I went to  various industries and saw closely how manufacturing takes place and  multiple processes and operations of large scale industries  are carried out, which gave me a close and deeper understanding Industry functions. 

  • Inter-Class Competitions

The inter-Class competitions are a component of the personality development program since they allow you to express yourself and use your exceptional abilities.

These are the activities and events that I have taken part in and from which I have learned various lessons on organizing, preparing, and carrying out an action to achieve success.all these activities bring a class as a group closer and be competitive and creative to stay ahead.

The saying “Rome was not built in a day” – John Heywood, is true and it so aptly can be applied to a student’s life , developing personality takes time. Every person’s fundamental nature can be improved and enhanced through time and experiences he/she go through.This change is subtle yet sure.The ICFAI Business School tries to help its students grow by offering a huge rainbow of opportunities. It always endeavour to go  above and beyond to offer its’ students to have a closer interaction and experience with the corporate culture. The institute facilitates an environment to witness the change in your personality.

Overall, ICFAI Business School helped refine my personality and prepare me for the professional world.

Do’s and Don’ts to Sail Successfully Through the Group Discussion

A group discussion is mostly used to screen applicants, particularly for educational institutions and entry-level positions. The general discussion (GD) round evaluates candidates based on their speaking, communication skills, ideas, and personalities. It shows the candidate’s capacity for interaction and performance in a large group.

A topic is allotted to the candidates on which they have to speak for a fixed duration of time. Before the GD round commences, the candidates are given a few minutes for preparation and to consolidate their ideas on the topic.

 The GD topics revolve around current affairs, business, economy, and other abstract themes. However current affairs make up the majority of the topics, and the finest resources for preparation are newspapers and magazines. Therefore, it is important to read magazines and newspapers regularly in order to be informed about current events.

Newspapers and periodicals will undoubtedly provide you with profound knowledge, but having knowledge be enough to get you selected for the group discussion round?

The answer is “NO”.

In addition to knowledge, the GD is dependent on a number of other crucial factors. And it is quite challenging to influence other candidates without them.

Here are a few of those key points:

  • Speaking skills
  • Listening skills
  • Confidence
  • Attitude toward other candidates
  • Thinking ability
  • Problem-solving skills
  • Interaction with the group

One must engage in peer-to-peer GD practice in order to have a full grasp of all of the above elements.

To move on to the personal interview round, one must clear the GD first. And while appearing for the GD, a candidate needs to focus on a couple of the points listed below in order to pass it:

  • Give everyone a fair chance to speak: In the GD round, not only your speaking skills are evaluated but also your listening skills. So, you should not only speak but also let others speak.
  • Listen actively to all the other member’s opinions: To evaluate the points you have kept forward; you should listen to others also. It can also be the case that the other person’s points are stronger than yours.  Therefore, actively listening to others’ points will help you in adding to your points.
  • Avoid using offensive language: GD round is meant for keeping your views in the discussion. However, it is never appropriate to communicate in an offensive manner, the opinions might be different.
  • Try to initiate the discussion: One should always try to initiate the discussion. But this initiative should only be taken when you are well aware of the topic. Because a poor start can also reduce your chances of being chosen.
  • Be confident:  Always appear like you are well-prepared, unnerved, and capable of handling any situation.
  • Always maintain eye contact: Maintaining eye contact with the team members will speak of your confidence.
  • Allow other team members to speak: Never interrupt anyone speaking. Write down the point you have and speak out when the person finishes. You may use the phrases like, ‘To add on to your point’, ‘ I also agree to the point….’, ‘I have a different viewpoint…’ etc.
  • Involve other members too: For members who are not involved in the conversation or not getting a chance, try to involve them. This will show your leadership qualities.
  • Keep the discussion on track: If members are diverging from the topic, remind them of what they have to discuss, and bring them back on track. This will show that you have the power to lead the team, and how focused you are.
  • Speak sensibly and only as much as required: Do not speak unnecessarily or go in depth about the topic than required just for increasing your speaking time.
  • Summarize the GD: Once all the points are covered, one should always summarize the GD in the end by clubbing all other members’ opinions.

During GD, a candidate may ask the other candidate a question if he doesn’t understand any of the points, and this way he can even smoothly enter into the conversation.

Keep in mind that this is a conversation, not a monologue. If you don’t understand something, you can clarify and ask questions.

Example: ‘Hey, it seems quite intriguing. Could you provide an example?’

or

 Can you elaborate a little more on your point?

This will give the impression to the person evaluating you that you are actively participating in the GD while you are also gathering information on the subject.

GD is not just about how much you know about the topic. It’s a situation that candidates are put in. It is more about how each candidate responds to the situation. Does he have the ability to come out as a winner even in difficult circumstances? That is what is more important.

Last, but not least, the important point is to PRACTICE. You may practice for different topics along with your peers. The more you practice, the more confident you will become.

 Tanisha

  Batch- 2022-24

COLLEGE ENTREPRENEUR

College entrepreneurship is starting and running a business venture while attending college or university. It involves developing a product or service, creating a business plan, securing funding, and marketing the venture. The idea of college entrepreneurship has grown in popularity in recent years as more students look to get valuable real-world experience and possibly begin lucrative entrepreneurial jobs after graduation.

Many successful entrepreneurs, such as Mark Zuckerberg, Steve Jobs, and Bill Gates, started their businesses while still in college. By establishing a business while studying in college, students can build a strong foundation for future careers as entrepreneurs. They can develop a network of contacts, gain valuable experience, and potentially secure funding for future ventures.

BENEFITS OF BEING A COLLEGE ENTREPRENEUR

  • One of the considerable advantages of being a college entrepreneur is access to a range of resources and support services. Many universities and colleges have entrepreneurship centers, accelerators, and incubators to support student entrepreneurs. Together with funds and resources, including office space, equipment, legal counsel, and networking possibilities, these centers frequently offer mentoring, training, and mentoring opportunities.
  • The primary benefit of college entrepreneurship is the opportunity to gain valuable real-world experience. Starting a business venture in college allows students to apply the theoretical knowledge that they have gained in the classroom to real-world situations. This experience can be invaluable for students interested in pursuing a career in entrepreneurship after graduation. By starting a business during college, students can learn the practical skills they need to succeed in the business world, such as marketing, management, and financial management.
  • Another benefit of college entrepreneurship is the opportunity to develop skills in leadership and management. Starting and running a business venture requires strong leadership and management skills. Students who start a business during college can develop these skills by managing a team, making important business decisions, and solving problems on a day-to-day basis. These skills are highly transferable and are beneficial in a variety of careers.

Making the most of these resources requires being proactive. Attend workshops and events hosted by your university’s entrepreneurship center, and network with other student entrepreneurs to share ideas and learn from each other’s experiences. Don’t be afraid to reach out to mentors and advisors for guidance and take advantage of any funding opportunities available.

CHALLENGES TO OVERCOME

College entrepreneurship offers several benefits. However, it also comes with numerous challenges and risks that you will need to navigate. 

  • One of the biggest challenges is balancing your academic workload with the demands of running a business. It is sometimes hard to find the time and energy to juggle coursework, exams, and assignments with the day-to-day responsibilities of running a business.

To overcome this, one must efficiently manage their time and be                  professional. Establish specific objectives for both your academic work and your business, and then break each one down into achievable tasks. Use tools such as calendars and a to-do list to keep track of your commitments and deadlines, and make sure to schedule regular breaks to avoid burnout.

  • Another challenge of college entrepreneurship is the risk of failure. Starting a business venture always comes with the risk of foundering, and it can be high for college entrepreneurs who may not have the same level of experience or resources as more established entrepreneurs. Failure can be particularly devastating for college entrepreneurs, as it can affect their academic performance and their future career prospects.
  • One challenge that college entrepreneurs often face is accessing funding and resources. It will be challenging to obtain funding or business collaborations without a strong track record or network. However, there are still ways to access funding and resources, such as crowdfunding, grants, and competitions.
  • Crowdfunding platforms such as Kickstarter and Indiegogo can be a great way to raise money for your business, as they allow you to pitch your idea to a large audience and raise funds from individual backers. Grant programs such as the National Science Foundation’s Small Business Innovation Research (SBIR) program or the U.S. Department of Education’s Small Business Innovation Research (SBIR) program can provide funding and support for research and development projects.
  • Competitions and pitch events can also be a great way to gain exposure for your business and access funding and resources. Many universities and colleges host pitch competitions and startup weekends, and there is also a range of national and international competitions that you can enter.

Many universities and colleges have entrepreneurship centers, accelerators, and incubators to support student entrepreneurs. These centers often provide mentoring, training, networking opportunities, and access to funding and resources such as office space, equipment, and legal and financial advice. One of these management colleges is IBS.

IBS offers numerous opportunities to its students to develop entrepreneurial skills. Entrepreneurship Development Cell (ED-Cell) is an initiative by the college to foster the spirit of entrepreneurship among students. It is a cell that gives a platform for students to learn, explore and execute their ideas, develop business acumen, and cultivate an entrepreneurial mindset. ED-Cell at a college plays a vital role in shaping the future of its students by providing them with an opportunity to learn and grow as entrepreneurs. 

Here are some pillar aspects of an ED-Cell at IBS Gurgaon: E-Cell offers a mentoring program where experienced entrepreneurs, industry professionals, and college alum guide students on various aspects of entrepreneurship like idea validation, business planning, funding, and marketing.

E-Cell organizes workshops, seminars, and events to educate students on the latest trends and technologies in entrepreneurship. These events provide a platform for students to interact with industry experts, share their ideas, and learn from their experiences. 

  • ED-Cell organizes competitions and challenges to encourage students to think creatively and find innovative business ideas. These competitions not only provide students with an opportunity to showcase their skills but also offer a chance to win prizes.
  • ED-Cell organizes competitions and challenges to encourage students to think creatively and find innovative business ideas. These competitions not only provide students with an opportunity to showcase their skills but also offer a chance to win prizes.

ED-Cell offers various skill development programs that equip students with the necessary skills to become successful entrepreneurs. These programs include communication skills, negotiation skills, leadership skills, and time management skills

  • ED-Cell also organizes outreach programs to promote entrepreneurship in the local community. These programs can include training sessions, mentorship, and networking events for aspiring entrepreneurs.

Ultimately, being a college entrepreneur requires a lot of hard work and dedication, but it can also be an incredibly enriching experience. By taking advantage of the resources and support available, prioritizing your time effectively, and staying focused on your goals, you can build a successful business while still pursuing your academic studies.

ED-Cell at IBS is an excellent platform for students to explore their entrepreneurial aspirations, learn from experienced entrepreneurs, and connect with like-minded peers who share their passion for entrepreneurship. It is a valuable initiative that provides students with a platform to learn, explore and execute their ideas. ED-Cell has played a significant role in shaping the future of many successful entrepreneurs and will continue to do so.

SHIKHA RANI

BATCH 2022-24

Business Education in the Digital Age: How IBS is Preparing for the Future of Work

Business education has evolved significantly, and the digital age has changed how business schools approach teaching and learning. With the increasing reliance on technology in the business world, it has become imperative for business schools to adapt their curriculum and teaching methods to prepare students for the dynamic and ever-changing landscape of the digital age and for succeeding in the corporate world, staying up-to-date and relevant, has become more crucial than ever.

Many organizations and businesses have quickly adapted to the digital mode during the Covid epidemic. The ICFAI Business School (IBS) is one organization that promptly transitioned to digital mediums through a Learning Management System (LMS), one being Quicforce.

The Quicforce provides a platform for students to access study materials in a structured way. This met the urgent requirement and allowed students to continue their studies regardless of the situation. But this transition to digitization is more than just a band-aid for a short-term issue. Digital transformation is a trend that has created a viral buzz during the Pandemic. Due to its numerous advantages and benefits, businesses and educational institutions must follow the digital trend because:

  • Digitization makes things more flexible and accessible. Students now have 24/7 access to educational materials, thanks to digital platforms. This implies that education is now available to pupils even when they are not physically present in a classroom. This gives new opportunities to students who may need access to higher education.
  • It increases efficiency. Businesses and educational institutions may automate numerous procedures with digital platforms. This makes resources available for other projects, such as research and development or enhancing the learning environment.
  • Digitalization fosters more extraordinary invention and creativity. Businesses and educational institutions can experiment with new technology and ideas on digital platforms, iterate quickly, and then build upon them. This makes it possible for even more fantastic invention and creativity, which results in new goods, services, and business strategies.

The advantages of digitization have been embraced by Quicforce, which continues to provide its students with lots of tools and chances to excel in the corporate world. Students can access various resources via its digital platform, including online courses, e-books, and webinars. Also, students can message their respective faculty members for any kind of query. 

This helps students to stay up-to-date with the latest trends and advances in the business world and build the skills and knowledge necessary for success.

The other digital medium, IBS, uses is Student Information System (SIS), A student information system (SIS) software that helps educational institutions handle information about their students, including grades, attendance, and other administrative responsibilities. 

Students at IBS can access various essential data related to their academics, which include:

  • attendance records,
  • assessment scores for each topic,
  • registration status for each semester,
  • faculty members assigned to each subject, and
  • cumulative grade point average (CGPA). 

Business schools must incorporate technology into their curriculum to equip students for this demand. An excellent example of how technology can improve the educational experience is using a System Information System like the one used by IBS.

Using SIS has many advantages, one of which is increased effectiveness. Paper records and spreadsheets are two standard traditional student data management techniques, which can be time-consuming and error-prone.

With SIS, faculty members can quickly enter and retrieve data, and students may access their information in real-time. This simplified data management method allows faculty members to track information regarding student attendance and other related information.

Another benefit of adopting SIS is better access to information. As long as they have an internet connection, students can access their grades, attendance history, and other information from anywhere. As a result, students may keep track of their development and make educated choices regarding their academic careers. Faculty members have easy access to student data, which enables them to give students prompt comments and help.

To be better equipped with the corporate world and their insights, IBS has a separate portal for case studies, Case Research Centre (ibscases.org) where IBS students can log in and access the various case studies according to the specific subjects.

For business students who want to learn more about the opportunities and problems faced by real-world businesses, the IBS case study portal is an invaluable tool. Students can access various case studies of some of the most well-known companies in the world through the platform, including Amazon, Airbnb, Starbucks, Alphabet, and Infosys, according to the subjects they are studying in a particular semester.

Each case study thoroughly examines a genuine business opportunity or difficulty, as well as comments and advice from industry professionals. Reading and reviewing these case studies can give students more profound knowledge of the real-world ideas influencing corporate strategy.

The IBS case study site closes the knowledge gap between theoretical concepts and real-world business by giving students access to these case studies. It helps prepare students for the future of work in the digital age by giving them a valuable and exciting way to learn about the opportunities and difficulties businesses face and develop critical thinking and problem-solving skills.

Business education has undergone a massive transformation with the advent of the digital age. IBS Gurgaon business school is leading the way in providing its students with the latest tools and techniques to stay ahead. The college recognizes that it cannot rely solely on traditional teaching methods and has adopted a more innovative approach by offering online certification courses from industry leaders.

One of the most sought-after fields in today’s world is Analytics, and IBS Gurgaon understands the demand for this skill set in the business world. Therefore, it provides students with online certification courses from industry leaders in the Analytics field such as

  • Certification course in Data Analytics by Henry Harvin, and
  • Certification course in Business Analysis for Decision Making by FOREVISION Academy, etc.

This allows students to gain practical knowledge and skills in high demand in the job market. By offering such courses, IBS Gurgaon ensures its students have the latest skills and expertise to help them succeed in the digital age.

IBS is helping its students through the above portals, keeping themselves updated towards digitalization, and trying to enhance their learning and convenience, which can result in better communication with the students. Students can make the best of it.

The Digital Marketing cell at IBS Gurgaon has been actively creating and sharing content on various social media platforms, including LinkedIn, Twitter, Facebook, YouTube, and Instagram. By leveraging the power of digital platforms, they have reached a wider audience, engaged with potential students, and promoted the school’s programs and initiatives. This is a clear example of how digitalization has transformed business education and how embracing it can benefit businesses and institutions.

In conclusion, the digital age has substantially changed the business world. Business education is now more crucial than ever to keep up with these developments to best prepare students for the future workplace.

There is a need for a more dynamic and inventive approach to business education that embraces technology and teaches skills like digital literacy, data analysis, and problem-solving. There needs to be more than the traditional approach to business education.

The goal of business education in the digital age is to equip students with the skills they need to succeed in a quickly evolving, technologically advanced business environment. It should give them the abilities and information necessary to successfully traverse the challenges of the digital age and rise to the position of leaders in their areas.

Archit Vijay

Batch 2022-24