A collection of pictures shared by outgoing IBS students. If you have a picture to share with us, do send us a mail at media@ibsindia.org
Pictures taken at the Economics Festival of Kirorimal College, North Campus.
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| Here are some important points from the video for your reference:“The illiterate of the future are not those that cannot read or write… They are those that cannot learn, unlearn, and relearn…”The practice of management today is more challenging than at any time in the past.The challenge before business schools today is to create managers who can function in this competitive, volatile and global business setting. |
| IBS Business School produces the business leaders of tomorrow……with the right blend of domain skills and personal qualities, to succeed in such an environment. |
| Our faculty have a rich blend of academic and industrial experience |
| “Most of the faculty here are supposed to be the best in the industry. Their approach to make us understand the concepts is different. They have the extensive knowledge about the industry and the experience, which makes it easier for us to understand the concepts better.” |
| The programs at IBS offer the latest body of knowledge, and the curriculum is updated every year.The institute consults extensively with academic and industry experts in developing the curriculum, to ensure that it is relevant and contemporary. |
| “I find that the unique curriculum at IBS , is being updated continually with the speed of work changes in the industry.” |
| IBS is a champion and pioneer of the case-study methodology.Management case studies allow students to apply theoretical concepts learned in the classroom to real-life business situations and problems.At IBS, we have a large collection of cases in all areas of management. These cases deal with Indian and international business situations, and are a mix of cases developed by our own faculty and cases we have procured from the Harvard Business Review. |
| “I am from ECCH, we are placed to Stamford University in the United Kingdom and we are the largest single depository of cases that is there in the world. IBS Hyderabad have always been a good contributor of cases to the ECCH collection and in fact we are quite pleased to say that IBS Hyderabad won two case awards this year in the HR category and also in the Finance category.” |
| “My name is Scotts Andrews. It’s been wonderful experience to see the different resources and facilities available here. Clearly there is very strong resource space here that makes IBS Hyderabad very good place for this country to be launching platform for its case writers for the future.” |
| Over the past 16 years, IBS had developed a strong placement network in all the important sectors of the Indian economy. Almost all the leading companies in India come to IBS for campus placements.The placement activities at each campus are coordinated by dedicated Career Management Centers. |
| “Our MBA journey started about 4 years back and since then ICFAI has been one of the preferred Institute ever our strong relationship for ICFAI and track record of he students and we also consistently increasing the hire from ICFAI over past 4 years.” |
| “Ford has made a strategic decision to grow in India. We had hired couple of students from ICFAI Business School. We were very impressed with their abilities and performance. When we hire people we look for excellent analytical skills, very good communication skills and good ethics and integrity in them. I am pleased to say that we found all of these qualities in the candidates that we hired from ICFAI Business School and we have been very happy with their performance.” |
| “Actually we have being here since I think this is now third or fourth year. I think it is quite an endorsement for the quality of education that is obviously imparted in the Institute. I think that its been grueling two days because of quality of students is such that we are finding it very difficult to be able to decide who we have to eliminate in the whole process. I think they are going to make a substantial difference in the industry when they get into their carriers thereafter.” |
| Over the span of 18 years, IBS has developed extensive links with the industry, establishing and maintaining strong relationships with corporate leaders and organizations. |
| A network of around 30000 Alumni, who now occupy middle and senior level positions in 900+ blue-chip companies around the world, plays an important role in the growth of IBS, by ensuring close interaction between IBS students and industry. |
| “IBS Business School ensures today that strong alumni network stays in touch with one another as well as with the industry. The network is a bridge today for the industry and the academy and we are able to bring the work place experiences to our juniors. “ |
| The ‘IBS Alumni Federation’ ensures that these alumni remain in touch with each other, and with their alma mater. |
| “The experience at IBS was really enriching with regard to the exposure that it gave to me. There are so many people understanding them knowing them and having different experiences. The faculties that we have here I am on the best that I have come across through my entire education people that I meet I really find difference in myself with regard to the quality of education that I have had and possibly today what I am and the impact that I have had with my work with the places where I go is really different only because I was here at IBS.” |
| Students also participate in a variety of extra-curricular activities like social events, cultural shows and community service projects. |
| “The campus life in IBS has been really amazing. There are so many student clubs and activities right from advertising all the way up till social activities clubs like yes we have conferences, we have workshops, we have entrepreneurship weeks, we have so many festivals being celebrated that life is almost completely brilliant and fulfilling over here.” |
| “I want to talk about cultural diversity that is present here at IBS. We all want to talk about how to meet new people and see diverse culture but at IBS that is already existing strata of people from different parts of the world parts of India and this becomes amazing experience to actually meet all these people.” |
| “This is what IBS lets you do, it lets you think, it lets you create, it lets you to manage it lets you lead and finally it lets you challenge.” |
| Your education at IBS will inspire, challenge and motivate you.When you join IBS, both personally and professionally you’ll be taking your first steps towards a truly enriching and rewarding experience – an experience that will remain with you for the rest of your life. |
| Welcome To IBS Business School Selection Process:The selection process is conducted for admission to MBA program of :
PGPM program of :
PhD program of:
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| Most of the students pursuing programs at IBS Business School have financed their education through educational loans from various public sector and private sector banks. IBS Business School has an arrangement with HDFC Bank and Credila Financial Services for providing educational loans to students.IBS Business School has a financial aid facilitation cell to provide advice and assistance to candidates in securing educational loans. In case you have any questions about financing your education, please contact our financial aid facilitation cell on Ph: 91-40-2344 0963 or email at finaidcell@ibsindia.org. |
| Finally In case you have any queries about the programs and selection process of IBS Business School, you may contact IBS Admission Office on Tel: 91-40-2344 0963 or email at ibsat@ibsindia.org. |
IBS Business School organized a one day faculty development program for faculty members of undergraduate colleges in Chennai on Jan 29, 2013 at Hotel Liberty Park Inn, Chennai.
This initiative of IBS was inaugurated by Dr.K. Balakrishnan, Director IBS Bangalore. The inaugural address rendered by Dr. Balakrishnan emphasised on the role of academicians to actively participate with industry professionals for research and consulting assignments. He further emphasised a greater role for them as motivators of change and inspiration to the new generation student community.
The participants were mesmerised with the zeal and enthusiasm of the speaker. The participants were faculty members of Engineering and Arts and Science colleges in Chennai. The program was titled as Research and Consulting for Academicians. The objective of the program was to create awareness about the opportunities available in research and consulting areas for faculty members.
The morning session was handled by Prof. Chandrasekar who briefed the participants about the research methodology and decision making using statistical tools like Excel and SPSS. This session was an eye opener to the faculty members who were pursuing their Ph.D. They understood how the right usage of SPSS can make their research findings more precise.
The afternoon session was handled by Prof. Anand, as a practising management consultant he had expressed to the participants about the abundant consulting opportunities available among MSME sector in India and kind of support provided by government, and Industry.
The program was well received by the audience and appreciated the organisers for the hospitality and usefulness of the program. IBS is planning to conduct many such Faculty development programs as a Social responsibility initiative towards the academic fraternity.
A two day event, took place over the 21st and 22nd of January 2013, the festival was open to participation and involvement from colleges from all over Ahmedabad/ adjoining areas.
IBS bagged the title sponsorship of this event whereas Associate sponsors were Radio Mirchi, Endeavour & Epoch.
Lucky Draw by IBS: Simple Tech Quiz was organized towards the end of the first day of the event, where announcement of winning brand new mobile phones was made.
Over 164 students participated in the lucky draw.
Two lucky winners were announced at the end of day and Regional Manager IBS Marketing, Mr. Harshal Bhagwat handed over 2 mobile phones to the lucky winners.
One of the common thoughts in the mind of the new MBA is – how will my typical work day span out ? What will I be doing for 8 hours a day , 40 hours a week if I were to make a career in Analytics?
Analytics is a relatively ‘young’ area of work. It has evolved and expanded 100 fold in the last 10 years as more and more companies and their top managements have become convinced about the immense value it adds to decision making. In this increasingly complex marketplace, where net and mobile technologies are adding into the conventional brick and mortar economy, and the life of data is becoming short (ie, data which is very old is not usable), analytics is becoming increasingly useful and moving from the fringes towards the mainstream w.r.t business decisions. This, of course, spells increased requirement for analytics talent. It also increases the responsibility of success and failure to correct and timely decisions made using analytics. In short, the analyst (used loosely to define the analytics fraternity) has many choices in the workplace and can decide which role to play in his career.
Broadly the roles can be segregated into:
Thus , as many pure BPOs move into analytics and become KPOs , the requirement for analytics talent will increase. In my view, analytics is a skill and people with any background, with a head for numbers and a conviction in the power of decision making by numbers, will find this to be a field after their own heart . It covers nearly all streams of work within an organisation – HR, Operations, Marketing, Sales, IT , Supply chain management, Logistics– and hence, the choice of the team that you decide to join for analytics can be aligned to your area of interest of specialisations and study.
For a discussion on careers in Analytics you can contact me at 9731107798, subhashinitripathi@yahoo.com.
(Link to LinkedIn profile – http://in.linkedin.com/pub/subhashini-s-tripathi/3/405/77b )
This article was originally published in Postnoon on January 4th, 2013: Co-Author- Purvee Hetamsaria
http://postnoon.com/2013/01/04/role-of-stock-markets/100171
The Udupi restaurant owner at the corner of the street where Prof. Nicky lived, came and sat across the table in front of her, while she was enjoying the delicious meal. With an eye on the cash counter, which he had handed over to his aide for the time being, he asked her if he could chat with her for a while.
Prof. Nicky (with a wink): Sure Raju, if you make my meal free!
Raju: It’s you shop only madam.
Nicky: I was just joking. Tell me what do you want to talk about?
Raju: My son is doing MBA. He has been telling me to invest my spare money in the stock markets instead of keeping it in Fixed Deposit. I have so many doubts. If I ask him, he gets angry. He says that I think too much. He wants me to go and give my money to a broker, who will take care of everything. Tell me madam, how can I put my hard earned money in something I don’t understand?
Nicky: You are right Raju. You should never put your money into something you don’t understand. While you can take the professional help of a broker or an advisor, you should still know what you are doing. You can ask me all your doubts.
Raju: What is the need of stock markets? Can’t we buy and sell shares from/to the company directly?
Nicky: When a company offers its shares to the Public for the first time, through the exchange, and you buy them, then you are buying directly from the company. This is known as an Initial Public Offering (IPO) and the market is categorized as the Primary Market.
Raju: Oh…so those who bought shares of Bharti Infratel recently, bought it from the company directly?
Nicky: Exactly. Similarly, you can also buy directly from the company during Follow On Public Offering (FPO). A company which is already listed on the exchange but needs more money, can raise more money by selling more shares through a FPO. You can sell your shares directly to the company, if the company comes with a buy back scheme or gets delisted from the exchange.
Raju: But after buying a stock, what if I need the money back? I cannot wait till the company decides to buy back or delist. Can I sell my shares back to the company?
Nicky: No, you cannot do that. You must know that a company is not liable to return the capital that it has raised by way of stock. But, you can sell it to someone else. And that’s why we need the stock exchanges, to facilitate the buying and selling of stocks, to provide liquidity. The market where shares are traded, after getting listed, is known as the secondary market. You can sell your stocks easily in this market. All you need is a demat account.
Raju: A demat account?
Nicky: Yes. But I need to leave now. More on it the next time I come here to eat…
This article was originally published in Postnoon on December 28, 2012. Co-author: Purvee Hetamsaria
http://postnoon.com/2012/12/28/rbi-keeps-us-guessing/98181
Prof. Nicky was strolling in the park when she heard a familiar voice calling out her name. She turned around to face a gasping Mr. Mukherjee. The face had a question mark.
Prof: Hello Mr. Mukherjee. What’s troubling you?
Mukherjee (trying to regain his breath): You got me! I was wondering if the Reserve Bank of India (RBI) will lower the interest rates in their upcoming policy review. The general view is that there is a strong possibility of a 75 basis points cut next year. With 50 bps being cut during the last quarter of the current fiscal year.
Prof. Nicky: Well. I cannot predict what RBI is going to do. But yes, it might be welcome by many sections of the industries and the common man.
Mukherjee: That is what I am not able to understand. How does it help the common man? Why should he worry about the matters of monetary policy? I am personally indifferent to it.
Nicky: So you feel! But it’s not true. Remember the time when you took a loan to buy that car of yours and you were complaining to me about the high interest rates?
Mukherjee: Yes. But what does that have to do with RBI and rate cuts?
Nicky: How do banks determine at what rate to lend? How are auto loan, home loan, personal loan, etc, their interest rates determined? It depends on the interest rates set by the RBI. The rate at which banks can borrow funds from the RBI is known as the Repo rate. When the repo rate goes down, banks get funds at a lower rate, which they can pass on to their customers in the form of cheaper loans.
Mukherjee: Hmmm…but since I have already taken the loan, it’s not going to help me.
Nicky: Its not going to help you if your loan has a fixed interest rate. If the loan has a floating interest rate, that is, it changes with the changes in the Prime Lending Rate (PLR), then your Equated Monthly Instalments (EMIs) will come down.
Mukherjee: PLR?
Nicky: It’s the rate at which banks lend to their most credit worthy customers. So for most of us, after taking our credit worthiness into account, the banks decide on an x percent to be added to the PLR, to determine the interest rate. For those who have floating rate loans, the banks generally quote the interest rate as PLR plus x percent. So when PLR comes down, EMI also comes down.
Mukherjee: Got it. But what about my deposits? Will the banks continue to pay me the same interest rates on them?
Nicky: For your existing Fixed Deposits, the answer is yes. For new fixed deposits, the banks may reduce the rates.
Mukherjee: Understood. Thank you.
Delhi.
The country’s capital, known for its rich history and heritage, is in the spotlight for all the wrong reasons. For the benefit of those who have not yet heard or read about this latest phenomenon, amplified thanks to the power of social media, here is a brief summary of events.
A medical student in her twenties, who was traveling with her male friend in a bus from Munirka to Uttam Nagar area in west Delhi, was gang-raped by a group of men inside the moving bus and thrown off the vehicle near Mahipalpur in south Delhi on the night of 16th December 2012. I do not wish to dwell on the specifics of the incident or the police investigation thereafter, for the plain reason that you can read it elsewhere. In a country where sensationalism is the bread and butter, so to speak, of the big-wig media houses; it’s not hard to find gory details about this incident. What I find interesting, is the nation’s response to this shameful act. The whole country is up in arms, while calls for protests are flooding websites like Facebook and Twitter.
It does seem like we have had enough.
The amount of dissent has reached such proportions, that our politicians are now compelled to talk about the situation. Now that’s quite an achievement for our society as a whole. The Chief Minister, Home Minister and Police Commissioner to name a few, have faced full-fledged criticism and are now under the gun to initiate some sort of change. In a span of 3 days, since when the incident was reported, the amount of activity on social media websites related to this incident has garnered such tremendous response, that it can’t be ignored any further.
What strikes me as particularly disturbing; is the new-found zeal to debate regarding the best form of punishment for the accused.
Hang them? Parade them in public? Let the victim shoot them? Castrate them? These are some of the suggestions and ideas that I came across, while people were discussing vehemently.
Why is the ‘aam aadmi’ entertaining such macabre thoughts?
The present laws are not harsh enough of course! How can we deter rapists and eve-teasers if our laws are not a reflection of the severity of the crime?
So are we implying that, equating rape with murder will ensure more women do not get raped? Is it a fool-proof method of saving our women-folk? Will fear of prosecution/conviction actually decrease the frequency of these incidents? It seems more like wishful thinking coupled with old-school barbarianism if you ask me.
In a land where the female form has always led a life of duality, one of the pious mother/wife and the other of the evil witch/vixen, it is but evident that the problem is not with the law.
The problem lies way deeper, within the labyrinth of the male psyche. Conflicting ideologies would be my best guess for this sort of sociopathic behaviour. Conflict caused by an existing image of a ‘Mother figure’ who embodies love, trust and purity as opposed to the ‘Modern Temptress’ who is attributed as western above everything. Torn between these images we are witnessing the coming of age of a new breed of men, who are confused and insecure about their feelings towards the fairer sex and thus develop these twisted notions on how to deal with them.
But of course, I’m not a psychologist. And I do not intend to provide a profile of the ‘Indian rape victim’ or the ‘Indian Rapist’.
The one point I’m trying very hard to make is that, people are misguided. Our fears and feelings of angst are misguided.
Sitting on a desk and planning a protest on Facebook for the cruelty faced by women in our country is a fabulous idea. I wish you all good luck with your protests and calls for change.
However, I would not count on them to actually make a change.
On behalf of our society, I offer my condolences to the ladies. Again.
