In a time where global challenges demand innovative solutions, tomorrow’s leaders must possess a transformative mindset. They need to confront complex problems head-on, breaking away from traditional approaches to embrace deep innovation. To cultivate this essential capacity among managers, business schools must undergo a paradigm shift. No longer can they afford to merely scratch the surface with textbook exercises; instead, they must delve into the raw intricacies and challenges that businesses and societies face.
It is in this context that the International Institute of Business Studies (IIBS) in Bangalore emerges as a haven of forward-thinking education. With a curriculum designed to nurture critical thinking, creativity, and a deep understanding of business dynamics, IIBS stands poised to mold the leaders of tomorrow. Rooted in the ethos of addressing real-world challenges, IIBS goes beyond theoretical concepts, offering students practical insights and experiences that prepare them to navigate the complexities of today’s business landscape.
International Institute of Business Studies (IIBS) in a Nutshell
Established in 2009 under the Shrimati B. Devi Educational & Charitable Trust, the International Institute of Business Studies (IIBS) was founded with a dedication to providing higher education opportunities to underprivileged students.
Offering a comprehensive range of academic programs, IIBS caters to both undergraduate and postgraduate levels. Its undergraduate offerings include Bachelor of Arts (BA), Bachelor of Computer Applications (BCA), Bachelor of Commerce (B.Com), and Bachelor of Business Administration (BBA) degrees. These programs are structured to provide students with a solid foundation in their respective fields, while also incorporating practical experiences to enhance learning.
At the postgraduate level, IIBS extends its academic offerings to include a Master of Business Administration (MBA) and a Postgraduate Diploma in Management (PGDM). These programs are designed to develop advanced managerial skills and strategic thinking among students, preparing them for leadership roles in the business world.
IIBS distinguishes itself through its certification initiatives. The institute offers Harvard Business School Certifications, allowing students to choose from a selection of 42 programs to enhance their expertise and credentials. Additionally, the IIBS Finishing School Certifications encompass 228 modules across 57 certifications, including both common certifications for all students and specializations specific certifications.
Notably, IIBS enjoys recognition and accreditation from various esteemed regulatory bodies and professional organizations. Which include being affiliated with Bengaluru City University, getting an approval by the All India Council for Technical Education (AICTE), and a recognition by the University Grants Commission (UGC). IIBS has also achieved an impressive A grade from the National Assessment and Accreditation Council (NAAC), boasting a high CGPA of 3.20 on a 4-point scale.
A Hub of Faculty Excellence
The distinguished faculty members at IIBS bring extensive experience and high academic qualifications to the table. With an average of 20 years of experience in their respective fields, and over half (54%) holding PhDs, they provide a rich knowledge base for students. Many faculty members also boast corporate backgrounds, enriching the learning experience with real-world insights and experiences.
Furthermore, the faculty’s active engagement with research is evident through their publications in national and international journals, with about 30% holding patents. This expertise translates into innovative teaching methods and pedagogical approaches at IIBS, including IT-enabled classrooms, case studies, experiential learning, and comprehensive resource materials.
Fostering Industry Partnerships and Professional Development
IIBS Bangalore is known for its strong ties with industry partners that are forged through various initiatives and mechanisms. The institute has established 50 Memoranda of Understanding (MOUs), facilitating specialized training in diverse industry-specific domains.
Through initiatives like industrial visits, seminars, and conferences, students gain invaluable insights into industry operations and practices. Moreover, the Industry-Institute Interaction Committee, led by students, acts as a conduit between the institute and industries, fostering collaborative projects tailored to industry needs.
Driving the placement process is the Corporate Interface Team, which organizes workshops, conferences, and symposia involving students, faculty, and industry professionals. They also invite industry experts for lectures, engage in curriculum development, and facilitate Management Development Programs (MDPs) for industry employees. Also, they arrange project work, dissertations, and internships for students, offering guidance from both faculty and industry experts.
IIBS boasts a robust placement system, with over 300 campus drives and participation from more than 1,200 companies, resulting in over 2,500 job offers. Industry representatives play a key role in the institute’s Advisory and Placement Committees, enhancing the relevance and effectiveness of placement efforts.
Furthermore, IIBS offers international placements, with recorded packages for MBA and PGDM programs reaching up to 48 LPA and 52 LPA respectively, showcasing its commitment to providing global opportunities for its students.
Redefining Research
IIBS provides a comprehensive range of facilities aimed at supporting both academic pursuits and campus life, fostering an environment conducive to learning, innovation, and personal development. Additionally, the institute fosters a vibrant research environment, encouraging innovation and scholarly activity among both students and faculty. Various mechanisms and support systems have been implemented to promote research.
To support research activities, IIBS offers robust support and incentives to faculty members. “These include workload reduction for faculty engaged in research, appraisal policies that value research output, and financial and non-financial incentives such as reimbursements for workshop and publication fees”, shared – Dr. Tripuraneni Jaggaiah, the Director and Principal of IIBS. “Moreover, we ensure that IIBS provides essential resources and infrastructure to support research endeavors, including access to digital and physical research resources through the library and e-resources”, Dr. Jaggaiah continued.
In conclusion, the Director and Principal highlighted IIBS’s effective mobilization and engagement in research, emphasizing the provision of allocated research grants and opportunities for consultancies and sponsorships. These endeavors not only offer financial backing but also elevate the practical significance and relevance of research by addressing industry requirements.