HOW IBS GURGAON TRANSFORMED MY LIFE: MY EXPERIENCE AT A BUSINESS SCHOOL

Business school is fascinating and taxing at the same point of time. There is always something new to learn and discover, from the strenuous coursework to the networking prospects, many engagements to keep you on your toes.

It wasn’t any different with my first business school experience. When I started my PGPM degree at IBS Gurgaon, I was both anxious and eager. On the one hand, I had a strong desire to learn from experienced professionals and acquire the skills and knowledge needed to succeed in my career. On the other hand, I was worried whether I would be able to keep up with the workload of rigorous study. I was determined to succeed despite the heavy workload and competition.

When I first arrived at campus, I was astounded by the diversity of my classmates. With people from all over the country and from different backgrounds and industries coming together at one place, I knew that diversity would be a valuable asset while in business school.

The first few weeks were a storm of orientation sessions, icebreakers, and interactions with classmates. The faculty and staff were very helpful and supportive, making it clear that they were there to help us succeed and were available whenever we needed them.

The orientation event had a keynote address by the director of the college, who discussed the value of disruption and innovation in today’s corporate environment. He underlined that for companies to remain competitive and relevant, they must constantly adapt and evolve and so do the students.

Following by a panel discussion featuring college alum who shared their experiences and insights on various topics such as leadership, entrepreneurship, and career development, I found their stories incredibly inspiring, and it was clear that business school has played a significant role in their career development.

The networking possibilities are among the most outstanding advantages of a business school. I’ve had the chance to converse with professionals from numerous backgrounds and fields. I made valuable connections for my future career and gained knowledge from their viewpoints and experiences.

As soon as class started, I was blown away by the intensity of the coursework. The workload was heavy, and the tasks and projects were challenging, but I was determined to take the opportunity. I quickly realized that the best way to be successful in a business school was to surround you with a supportive group of classmates. The group that would keep you organized, help to utilize your time effectively, and support you.

One of the highlights of my first semester was participating in one of the group projects in my class. We were asked to create a business plan for a new startup company and had to present that to a panel of investors. It was a challenging as well as a rewarding experience, and it was great to see how the concepts and knowledge learned in class are applied in the real world. I had the opportunity to participate in guest speaker events and networking events. These events helped me to learn from experienced professionals and helped me make valuable connections in the business world.

The numerous events and activities that the IBS Gurgaon held helped to strengthen my sense of community as well. Through organising events, guest lecturers, and social gatherings, I have connected with my classmates and interacted with them. It also includes lectures and panel discussions on different subjects, like financial analysis, digital marketing, and negotiating techniques. These courses were led by seasoned professionals and offer beneficial real-world information and abilities that I can use in my career.

Business school students are benefited from internships as well, because they get to put their classroom learning to use in real-world scenarios. During my first year at college, at a substantial consumer durables company where I interned, I nabbed real-world marketing experience.

The dynamic and quick-paced nature of the work was the first thing I noticed when I began my internship. I was given numerous tasks and became entirely engrossed in projects, which helped me pick up skills quickly and boost my self-assurance. I have had the opportunity to work on a wide range of projects, from conducting market research to creating marketing campaigns.

The value of collaboration and teamwork was one of the most important lessons I discovered throughout my internship. I quickly understood that cooperation was essential to accomplish our goals since the company’s marketing department mainly comprised individuals with diverse backgrounds and abilities. I gained knowledge about the value of communication and how to persuade my coworkers of my ideas and thoughts.

I also had the chance to be present at meetings with clients and other stakeholders and attend them. I had an opportunity to learn about all facets of the marketing procedure, like pitching ideas and negotiating deals. I discovered how crucial it is to comprehend the demand of customers and the significance of market research to make crucial decisions.

Along with the abilities and knowledge I acquired, I also had the opportunity to interact with other professionals in the field. I got to meet a number of experts in the marketing industry, and they have all given me insightful tips and advice on how to succeed in the corporate world. It gave me a better understanding of the various career options in the marketing industry and a firmer concept of what I wanted to do when I graduated.

Ultimately, I had a rewarding and valuable internship experience. It empowers me to put what I’ve learned in class into practice outside of the classroom and obtain practical experience in my area of interest. My internship gave me knowledge and abilities that will be useful in my future profession. Overall, experience at IBS Gurgaon was challenging but incredibly gratifying. I learned a lot, academically and practically, and made many valuable connections. I look forward to continuing my education and seeing where it will take me in future. I’ve gained knowledge about the industry and myself, and I’m grateful for the chances and experiences I’ve had. For those who prepare to put in the effort and seize the opportunity, it can be a worthwhile and enriching experience.

Shikha Rani

Batch 2022-24

10 BOOKS EVERY MBA ASPIRANT SHOULD READ!

Raghav is a voracious reader.

From an early age, he was fond of reading and keeping a collection of different genres of books. The one who reads knows the importance of book reading habits, so he continued his habit of reading without any lag after getting into an MBA college. His book-reading habit helped him understand the qualities required by an MBA aspirant.

Now if the question strikes your mind, which books? you’re on the right track.

Let’s dive into the list of important books every MBA aspirant should read once:

1. “The Hard Thing About Hard Things” by Ben Horowitz

The author of this book, Ben Horowitz is a rap fan and also the co-founder of one of Silicon Valley’s most successful ventures, Andreeson Horowitz. In this book, he has stated that there is no specific formula for dealing with setbacks and has offered lessons from career path, on how to deal with things when they don’t go as per plan.

2.“The Innovators Dilemma” by Clayton M. Christensen

The author of this book, Late Clayton M. Christensen was a Business Administration Professor at Harvard Business School where he developed a theory of disruptive innovation. In this book, the author has explained the answers to the question of why success is difficult to sustain and how to systematically innovate it.

3. “Blue Ocean Strategy” by W. Chan Kim and Renée Mauborgne

The author of this book has explained that not every time it is important to match or beat your competitors, as there are always other options waiting for you.

4. “The Alchemist” by Paulo Coelho

In his book, Paulo Coelho, the author of this book has narrated the story of a boy with the fact that a recurring dream is a prognostic one. The theme of this book is to find one ‘s destiny. The book tells how one should pave the way to reach dreams.

5. “Rich Dad Poor Dad” by Robert Kiyosaki

In this book, the author has explained the importance of financial independence and wealth building by investing in real estate as well as ways of how one can increase financial intelligence to improve business and financial skills. The author has summarised his own story highlighting the different attitudes towards the money, work, and life of two men, as the title suggests- Rich Dad and Poor Dad.

6. “Outliers” by Malcolm Gladwell

In this book, the author has summarized various stories that become successful only when associated with hard work, dedication, and motivation and has stated the importance of timing, circumstances, and cultural heritage.

7.” Connect the dots” by Rashmi Bansal

This book is written keeping the Indian audience in mind. It consists of stories with the fact that everyone dreams big and many make it happen but how? That’s what the author has mentioned in her book.

8. “The 7 Habits of Highly Effective People” – Stephen R Covey:

This book is a set of guiding principles that helps one in bringing personal as well as professional change in becoming more effective. The seven habits that have been explained in the book are – to be proactive; to begin with the end in mind; to put first things first; to think win-win; to seek first to understand, then to understand, and in the end to synergize.

9. “Lean In Women, Work, and the Will to Lead” by Sheryl Sandberg

In this book, the author has mentioned the various issues faced by women employees in any firm like inequality at workplaces against women. She has also stated how women through small changes can empower themselves.

10. “Too Big To Fail: The Inside Story of How Wall Street and Washington Fought to Save the Financial System from Crisis “— and Themselves by Andrew Ross Sorkin

These books tell the story of people in finance and politics and how they deal with success, greed, and failure, which ultimately lead to the collapse of the global economy.

 Learnings from the above-mentioned books:

– Understanding the ways to deal with various  issues in a systematic manner

– Learning from real stories

– Importance of basic parameters like time management and teamwork etc.

– Understanding how every book adds value to an individual’s thought process.

MBA is one of the most hopeful decisions taken by a majority of students. Graduates after completion of their course are expected to work in various fields with a mind full of exposure. To work in diverse fields you need various employability skills. And to help develop that ability and skills like critical thinking, teamwork, leadership etc. Every aspirant is suggested to read a few important books which help the aspirations to build in those qualities.

Have you read any of these books?

Share your views in the comments!

Keep Reading, Keep Learning!

Ishita Jain

Batch 2022-24

Need of the Century- Vocal for Local, Local to Global

What was the first thing you always wanted during childhood and sought parents to let you play for a whole day?

Yes! You are right. It’s the ‘Toys’ and ‘Games’, your one and only means of entertainment.

Again, do you remember any toy shops which you usually went to? Every day they were your final destination where you want to go at any cost.

Moreover, how could you forget the importance of the Annual Fair? Although there were multiple shops locally. But every year, you eagerly waited to visit the local fair.

Do you remember the massive crowd at the fair? They enjoyed rides, balloons, equipment, clothes, and food stalls. Here you find toys in abundance, along with lots of entertainment. Whenever you hear about an upcoming fair, it makes you full of energy and excitement.

Also, with time, we learned about different fairs, such as the Art fair, Festival fair, Science fair, Health fair, Cultural fair, Trade, and Tourism fair. These are different types of fairs, but what happens if they are all combined in a single place?

Suppose I visualize this situation as a student of Business School. Then in this state, the local market may indulge in business activities to fulfill the concept of demand and supply. Eventually, this leads to the circular flow of money to the economy.

Indian government knows it very well and consistently supports these activities along with their plans and policies to strengthen India’s economy.

Now we are moving to the next phase, where I like to brief you about my recent visit to India International Trade Fair-2022.

It was an official visit conducted by India’s reputed “ICFAI Business School-Gurgaon”. As a student of IBS Gurgaon, I got this once-in-a-while opportunity to visit the “India International Trade Fair-2022” and to represent my B-School. It was a mesmerizing visit full of happiness and excitement.

It allowed us to witness global diversity in one place. It provided me with a platform to connect with well-recognized brands famous for their handmade artifacts, spices, agricultural products, and other antique elements worldwide. 

Moreover, before moving towards my personal experience and learning outcomes from this visit, I quickly introduce you to the India International Trade Fair-2022 and the reason behind it.

India International Trade Fair (IITF) is one of the world’s biggest and most opulent trade fairs, where lakhs of people visit yearly. This event provides a platform for manufacturers, traders, exporters, and importers to showcase a exclusive range of goods and services, including automobiles, textiles, households, food, pharmaceuticals, telecommunication, and engineering goods.

It was the 41st edition based on the theme “Vocal for Local, Local to Global” organized by India Trade Promotion Organization (ITPO) from November 14 to November 27 at Pragati Maidan in New Delhi.

The India Trade Promotion Organization (ITPO), is a premier trade promotion enterprise of the Ministry of Commerce & Industry, Government of India. Its mission is to promote, facilitate, encourage and coordinate various activities and programs to enhance India’s share of exports.

Since 1980, this Trade Fair has become a significant global event for business and economy. Every year, it attracts huge amount of visitors and investors.

Till here, you understand the importance and relevance of this trade fair from an economic point of view.

After this, let’s move to my personal experience and learning outcomes from this Trade Fair.

In this formal visit, my job is to interact with multiple personalities and gain as much knowledge as possible.

After I entered the premises, I noticed 12 overseas participants, such as Afghanistan, Bangladesh, Bahrain, Belarus, Iran, Nepal, Thailand, Turkey, the UAE, and the UK. Therefore I decided to start with International stalls.

Fortunately, I interacted with a person named Mohammad Husain from Belarus. He diligently showcased his stall, consisting of homemade anti-craft. Also, he explained how his great-grandparents indulged in this field and carried this art with them and how his generation works to fulfill the modern demand with innovation and smart work.

Moreover, I met Mr. Mert Yavuz, from Turkey. He had a stall of Turkish Mosaic Lamps, full of deep and rich design providence, creating a warm and romantic atmosphere. He briefed me about the cultural history of these lamps and the growing demand globally.

After that, I moved toward the state’s region, where I met Mr. Tushar Yaduvanshi. He is an entrepreneur who owns a food processing startup. He clearly explained the challenges of the pandemic and how they managed to sustain their startup during hard times, whether it is the factor of production, the concept of supply and demand, the logistics, government policies, etc.

Afterward, I interacted with Mr. Himanshu Tripathi, an employee of a Robotics Company in Uttar Pradesh. He showcased the new 3-D Printing Technology and its practical implications, such as Organ cloning, 3-D prototype of any model, any useful accessory, etc.

Moreover, they have a Robotic Arm known for its precision in any feasible task.

Then I moved towards the next hall, where several ministries set up different stalls. Here the Ministry of AYUSH has highlighted their theme of “AYUSH for Global Health” along with several initiatives in Ayurveda, Yoga and Naturopathy, Unani, Siddha, and Homeopathy.

Similarly, every ministry came up with its historical achievements and innovative plans. But I was more attracted to the Ministry of Indian Railways. The ministry’s representatives took us for a walkaround of their stall. They showcased the start of the Railway and its evolution. Meanwhile, they also showcased the Highest Rail Bridge of the Chenab River and the Longest Bogibeel Rail Bridge. Also, the Indian Railway has started working on High-Speed Transportability through Dedicated Freight Corridors and an increased network of Rail Lines.

Overall, it was an informative, educational visit that greatly impacted my thinking perspective. This International Tade Fair gave me global exposure through stalls and brand representatives. I was overwhelmed to witness the unusual antiques and to meet the person behind them.

Due to this formal visit, I could interact with the senior officials of different Indian industries like JSW Steel, Relaxo Footwear, Steel Authority of India Limited, National Jute Board, etc.

These visits helped students to familiarize themselves with the corporate world and company culture. Also, how companies differentiate themself from others and how they run their business to sustain in this competitive world with the practical implementation of the Business Fundamentals.

Himanshu Gurjar

22BSP0623

Innovation and Leadership – Vital skills within the 21st Century

Have you gone through a situation where your gadgets or any service stopped working during an emergency, and you tried to regain access?

If yes, then it shows your dependency on Technology and Digitization.

Did you ever try to figure out how we become dependent on them?

Let’s try to understand the process of human dependency.

Firstly, refer to the late 1990s, when the transitional phase was going on globally. At that time, different sectors of the economy, whether primary or secondary, or tertiary, witnessed massive growth and development.

Now, after deep downing the process, researchers have found a cause i.e. Digitization. And the reason behind Digitization was ‘Innovation’.

So indirectly, Innovation was leading the whole world simultaneously.

We are already familiar with the term Innovation. Since our existence, we have seen a tough time. Eventually, we worked harder and harder to make our time easy. But the significant elements that led us throughout the journey were Innovation and Leadership.

It has proven already that adopting the concept of Innovation in your work, skills, daily routine, etc., leads you to ease your life and achieve success.

Similarly, in the business sector, if you want to capture the market share and be a market leader, then Innovation is one of the ways to succeed. Many business firms implement/adopt the change in sync with the environmental change. Also, Innovation helps the business to address the real problem of the masses and to find an adequate solution through their products and services.

How did I come to know about all these phenomenal concepts?

Fortunately, as a student of ICFAI Business School Gurgaon, one of the faculty members discussed a live case study of a market-leading firm ‘TATA Motors’. The reason behind taking this case study was the transformational changes within TATA Motors, like Innovation, Technological Advancement, Structural Changes etc.

The case study also enumerated the positive change in the market share of TATA Motors before and after adopting these fundamental changes, which shows how TATA Motors is leading the market from the front.

IBS Gurgaon focuses on effective and efficient knowledge. This institute follows a structural pedagogy with the Case-Based Methodology, a way of nurturing future managers through situational thinking behavior over the two-year course.

There were a few critical points discussed during the class as follows:

  • History:
    • TATA Motors emerged in the mid-1940s, founded by Mr. Jehangir Ratanji Dadabhoy Tata, who led it to become India’s largest automobile company. Its presence within the commercial automobile space is more profound than its private automobile business. Also, TATA is the second largest bus manufacturer in the world and among the top five truck producers in the automotive market. In 2004, it expanded its global outreach by listing its business on the New York Stock Exchange.
  • Theory of Innovation: Different theories explain how evolution processes take place in any organization, how ideas spread amongst the employees, and how TATA Motors adopted Innovation through human interactions and interpersonal networks, including techies, visionaries, pragmatists, conservatives, and skeptics.
  • Also, the five-stage high-involvement framework includes natural involvement, structured creativity, deployment of strategic goals, proactive/empowered brains, and high Innovation.
  • Overall, the significant sources of Innovation are brainstorming, heuristics and mapping.
  • Internal Factors:
    • Leadership:
      • Tata Motor designed its leadership style to regulate its global operations based on five functional units finance, engineering, strategy, human resource, and communications. Most of the firm’s leaders are dynamic and agile individuals who can work for different departments and are always open to listening to new ideas.
  • The optimal performance during a tough time has proven the flexibility of TATA’s leaders.
  • Organization Structure:
    • TATA Motor has a flat organizational structure that includes a group of vibrant and energetic young professionals to drive the concept of Innovation. Rather than rely on technology, TATA Motor relies on its people more than any other factors of production. They also develop the TATA Engineering Centre, which has 3,000 professionals to figure out new products and technologies to bring the revolution.
  • Culture:
    • Cultural factors play an essential role in Innovation, including vertical relationships, communications structures, the supply of tools and resources, and accounting practices. You can predict TATA’s culture based on collectivism, enabling the easy information flow between the top and middle-level management.
  • External Factors:
    • Strategy:
      • You are already aware of the growing global competition in the automotive industry. Therefore, TATA has redesigned its corporate strategy to implement Innovation in its operational processes. They’re going to differentiate themselves from their industry rivals. Also, the Innovation factor implies in other subsidiaries, including Jaguar Land Rover and TATA Technologies.
  • Currently, there are around 60 innovative projects of TATA Motors, which may lead to an increase of more than $1.1 billion in annual revenues. Also, it’ll impact the lives of more than 35 million people globally within five years or less.
  • Moreover, TATA spent about $2.6 billion on research and development, showing its innovative culture and corporate strategy, which led to the formulation of the vision of Mr. Raman Tata, former Chairman, who wants to develop the Tata Group Innovation Forum (TGIF).
  • Market Forces:
    • A key attribute of Tata’s innovation plan is the usage of multiple strategies after considering the uniqueness of different market segments. The business strategies adopted in Sri Lanka differ from those adopted in Bangladesh, and the plan for Vietnam differs from those of the United Kingdom.
  • For Indian Market, they adopted the strategies of the Indian Domestic Market by promoting the assembly of profitable cars and leaving out the unsuccessful ones. This strategy achieves the core idea behind the company’s creative approach, i.e. ‘One size does not fit for all’.

Overall, you have seen that TATA Motors has a broader view of Innovation because its managers believe that concepts are not new. We can apply radical ideas in several other areas within the company. For example, the corporate used the participative leadership style and a flat structure to support the company’s concept of Innovation, which is people-oriented instead being process-oriented.

Therefore, the Innovation and leadership strategies of TATA Motors helped them to nurture their creative leaders globally. Also, these are the skills required to succeed in the future.

Himanshu Gurjar

22BSP0623

Notable Alumni – Abhay Anand

ICFAI alumnus, Abhay Anand is an Investment Banking professional with expertise in fundraising (PE, VC & Structured funding) and international mergers and acquisitions (M&A). He has advised companies across industries such as Healthcare & Lifesciences, Consumers, IT & Ecommerce, Infrastructure & Cleantech, Financial Services & Industrials.

He has been involved in deal closures of a cumulative value of more than $ 1.25 Bn so far. Abhay is currently working as a Partner at Grant Thornton for the last 8 years.

Abhay Anand ( Batch –  2001 ) 
Designation – Partner, Investment Banking 
Company – Grant Thornton Bharat LLP

He is looking after the fundraising and M&A practice in the firm for the western region which he helped set up way back in 2014. Prior to this, he worked as a Director in Cipher Capital, one of the oldest boutique investment banks focused on PE and M&A for about 13 years. He is a regular at several industry platforms like VC Circle for conducting periodic M&A and PE workshops. Abhay completed his PGDBA at ICFAI from the batch 1999 – 2001.

Notable Alumni-V R Mahadevan

V R Mahadevan is the Finance & IT Director for Saint Gobain Abrasives Asia Pacific. Having been with the Saint Gobain group for 22 years, he has multi-faceted global experience with expertise in Business management, Finance & Strategy, Global Sourcing and business development. He has developed a global perspective by working in Paris for about 6 years; and presently as the CFO in Bangkok of a large business in a diverse & interesting emerging market – Asia Pacific. He has a consistent track record of high performance and building professional & cross-cultural teams in India, Europe and Asia Pacific.

V R Mahadevan ( Batch –  1997  )
Designation –  CFO & Director
Company – Saint Gobain Abrasives Asia Pacific

Prior to the APAC stint, he has successfully managed an overall P & L responsibility in India. He has hands on experience in implementing World Class manufacturing (WCM) initiatives to improve operational metrics, and significantly transform factories through Industry 4.0

He is exposed and sensitized to business practices in different businesses (manufacturing, distribution) in different parts of the world. He has assisted newly acquired companies to improve their processes and achieve good corporate governance; in his present role he is working on a few acquisitions for transformational growth in Asia Pacific.

An Engineering graduate and an ICWA, he was part of the first batch of CFA-PGDBA program with IBS Mumbai in 1995.

Notable Alumni – Chandan Goswami

An ICFAI Business School, Mumbai of the 2002 batch, Chandan Goswami is the Chief Strategy and Business Officer of PRESPL, a bio-energy leader which has equity investors such as Shell, Mitsui, SBI Neev and responsibility on its board. He has also co-founded CBEII, a leading bio-energy industry body apart from being on the board of a NBFC and other group companies. He has been a career finance professional after his PGDBA in Finance from the 2002 batch and has worked in Corporate and Investment Banking of several banks including BNP Paribas, Societe Generale, HDFC Bank, etc. managing complex transactions including acquisition finance, asset finance, etc.

Chandan Goswami (Batch –  2002)
Designation – Chief Strategy and Business Officer Company – PRESPL

over 15 years. He later transitioned into corporate finance with the Shapoorji Pallonji group where he headed Treasury and corporate finance for Sterling and Wilson group of companies also during the IPO of Sterling & Wilson Solar. He has tried his stint with entrepreneurship as well before joining the core team of PRESPL which has grown exponentially in this sunrise sector. At PRESPL, Chandan leads business development and also the strategy function which involves leading the company’s foray into newer applications of biomass-bioenergy but also bringing process efficiency in its current operations. His background of finance also makes him involved in taking care of the finance function of the company including equity and debt rounds thereby having a role to play in the overall management of the company and delivering value to its shareholders.

Notable Alumni-Amit Mankekar

Amit Mankekar is the Founder and Director of Consulting Planet Inc., in Calgary, Alberta, Canada. A dynamic entrepreneur, in his current position as CEO of Consulting Planet Inc., he manages programs for clients across countries like Canada, India, Costa Rica, the Philippines, and Chile.

Amit Mankekar has a total of 25 years’ experience across 5 different organisations, 3 continents, and several verticals like Automobiles, Financial Services, Oil & Gas, Mining, and Information Technology.

Amit Mankekar ( Batch – 2001 )
Designation – CEO Founder & Director
Company – Consulting Planet Inc

In his previous role, he served as Practice Area Leader for ServiceNow in IBM Canada and Delivery Executive in IBM Canada. During his tenure there, he was awarded the Best of IBM award.
Amit Mankekar is a Gold Medallist of IBS Mumbai-Batch of 2001.He is fluent in several languages like English, French, Spanish, Hindi, Marathi, Urdu, Konkani, and also Sanskrit.

Notable Alumni- Kavan Mukhtyar

Partner – Management consulting, & amp; National Automotive sector leader PricewaterhouseCoopers (PwC) India. Over the last 25 years+ Kavan has advised clients in the Automotive sector on aspects of strategy & operations excellence. As a Partner in PwC Management consulting he has led engagements across strategy development, cost optimisation, operations excellence and digital transformation. He has also helped clients with challenges related to organisation structure, leadership, technology roadmap development.

Kavan Mukhtyar ( Batch – 1997 )
Designation – Partner
Company – PWC

His recent work has been in the area of electric mobility. Kavan has been actively involved in working with various Automotive industry associations and the Government of India to provide inputs for the development of enabling Automotive policy environment in the country.

Kavan speaks extensively at Automotive industry events, roundtables and actively contribute articles on the trends in the Indian Automotive industry. He was part of the first batch of graduates from ICFAI Business school based in Mumbai and joined Frost & Sullivan in 1997. Over the next 19 years he played various roles within the organisation leading up to being a Senior Partner and Leader at Frost & Sullivan Asia-pacific leadership team. Kavan had the opportunity to live and work across the Asia Pacific region with significant stints in Malaysia, Singapore and SE Asia. Kavan joined PwC India in 2015. Over the last 7 years he has led the firm in establishing PwC as a leading advisory services firm in the Automotive sector. He enjoys working on highly complex transformation engagements serving clients across the Automotive OEM, and component industry in India. Prior to joining IBS, he obtained an Engineering degree from University of Bombay. To enhance his knowledge in field of supply chain he studied to be a ‘Certified Supply Chain Professional’ from APICS USA. The CFA-MBA from ICFAI Business school helped Kavan gain strong understanding of business fundamentals. It also gave him the opportunity to learn and network with other students to imbibe a ‘can do’ attitude and an entrepreneurial spirit. The resilience built at IBS has been one of the bedrocks of his professional success over the years

Placement Scenario at IBS- Gurgaon (Class of 2023)  

Campus placements can be probably the most exciting and great experience at B- Schools. Placements are the gateway to enter dream company with dream profiles. This is the time that decides how students will move forward in their career. Will the students get a good profile? Will the dream company be part of the MBA campus placement drive? Are they ready to face corporate world? These are the questions which revolves around B- schools and students also do ask these questions to themselves.

For class of 2023, IBS started campus placements from October 2022 and before opening doors for corporates, we prepared students towards campus placement processes. Students cleared certifications in Credit management, Valuation and consulting, Banking, Digital marketing, Taxation, Sales and marketing, Power Bi, SQL etc. 

At IBS we follow a system where different sectors are invited for campus placement. Sectors like Consulting, Financial Services, IT/ITES, Banking, Retail, E-commerce, Media etc. are part of campus placement process. Every year we witness Increase in CTC with quality profiles and more number of Blue chip, MNC companies from diverse sectors hiring bulk candidates based on previous student’s past performances. Top sectors in Placement 2023 were Consulting, IT/Analytics, E-Commerce, Finance etc. Top roles offered include in the areas of Consulting, Finance, Analytics, Research, Product Management, Logistics, Supply Chain etc.

30-35% of our students were absorbed in consulting followed by IT/ITES. At IBS Gurgaon for class of 2023, we had more than 200 companies for 460 students with average CTC of 7.6 LPA. Some of the companies who hired are KPMG, PWC, Bain & Co, Cognizant, Deloitte, Gartner, CITI, HCL, Blackrock, CBRE, Cushman & Wakefield, VE Commercials, Evalue-serve, EY India, RSPL, Moody’s, Radio City, O2 Power, Go-MMT, Aditya Birla, Sony India, OPPO, Tata Capital, Bajaj Housing etc.

We work hard towards preparing students for campus placements and because of that we place close to 98% student’s year on year.