Tuesday, 16 May 2017

Study for an authentic, professionally oriented world-class MBA at GIBS, Bangalore

Business managers of caliber and international reputation will never go out of fashion, just like the sun. Unless we wish to define the contemporary world in terms of science, industry, and technology, it is a business-oriented world that depends upon manufacturing and production besides finance and marketing. At every step of the way, managers who possess the required skills supervise technical requirements, processes, and distribution. Besides the technical knowledge, soft skills like leadership quality and teamwork are getting more and more important.

Where would ambitious young men and women go to receive such a dynamic business management education? Those who wish to rise in global terms certainly want more than bookish knowledge alone. In terms of numbers, Indian management education stands tall with perhaps 5000 b-schools. Unfortunately, a great majority of them do not measure up to international standards. In terms of global rankings, Indian b-schools and institutes do lag behind, though the syllabi and curricula are at par with the best of American universities.

A few institutions like GIBS in Bangalore hold on to values and deliver what they promise. Two years may not be such a long duration but can make a potential difference professionally towards a lifetime of successful work. A graduation in any subject is compulsory for admission to MBA at GIBS or any other b-school. Business management courses abroad insist on several years of work experience as a necessary qualification for MBA entrants besides the graduation. Indian colleges do not insist on the work experience and that is a serious problem.

Theoretical approaches do not succeed in business management

A manager needs to break away from textbook theoretical approaches and find pragmatic strategies to succeed at the task at hand. It is an action-filled work culture and finding quick solutions, thinking on the feet and working long hours are necessary attributes.

One weakness of the Indian educational system is the excessive dependence upon rote learning. The students who memorize, remember and reproduce the best receive the maximum credit. That ability may be fine to write examinations, but it won’t suffice when managers have to fight corporate battles like advertising wars or financial rivalry.

GIBS trains well-rounded business administrators

 As compared to rote learning, a successful business manager needs lots more courage and daring to take on international competition. Besides all the skills the institute may impart, the managers have to fight their own lifelong battles. They continue to work under the shadow of the dynamic institution. GIBS alumni would be found globally just like many Indians have made it very big in international business. Instead of living in the sweet world of dreams like many students do, perhaps work experience after graduation and two years of MBA at GIBS would jump-start a supremely successful business career.

Several advantages are derived from the strategic location in Bangalore, a global city with a large number of MNCs present, mostly with regard to the IT industry. Thus, internships and industry experiences are forthcoming with great intensity. It is a vibrant and challenging atmosphere where students are motivated to rise and shine and do their best. Getting better acquainted with the requirements of the global management industry is a great living advantage. Knowing the industry at first-hand helps to frame specific goals.
Regarding specializations, to name a few at GIBS, international business and information systems are two new age careers. Healthcare and Tourism and travel management are vast industries globally. Banking and insurance, Retail and Supply Management and Small Business Management and Entrepreneurship are obviously high paying opportunities for dynamic business executives.

International tie-ups bring a global culture

Being exposed to cosmopolitan Bangalore itself is a mighty accomplishment. The international students present in GIBS and close partnerships with institutions abroad create the kind of environment that international business managers need to be familiar with. It may be easier to work in isolated villages where everyone speaks the same language and practices the same religion. Working in international marketplaces like the many mega online businesses requires a different set of soft skills. Being able to adjust with a variety of languages, cultures, and points of view requires broadmindedness and cultural diversity. An isolated member of as remote village community would not be comfortable to work in such multicultural environments.

Top-level institutions like GIBS are few where excellent business managers are born, who pursue a lifetime of success at the upper rungs of the social ladder.  The thousands of mediocre b-schools in India and abroad teach theoretical concepts alone, unsupported by practical thinking and training. A rich case study method of learning along with analytical thinking in a spirit of competition completes the task in creating skilled managers who can think on their feet.

The ultimate reward of attractive placements

Financial and Healthcare, Oil and Gas, Aviation, Banks, Biotechnology, Cement and so much more – the potential employers who turn up regularly to recruit the best MBA pass outs each year are growing just like the MBA numbers are growing. Perhaps Pharma, Construction, and Retail are more attractive industries according to some people.  GIBS has a network in place that organizes placements and so neither the time of two years or the several lakhs of rupees spent to go to waste. The ROI is massive and students who take educational loans have to wait long years to repay from the salaries that they earn.

In every way, it is a winning spree for the students in this progressive and well-organized institution that does not exploit students as many b-schools in India are doing. Those mediocre b-schools lack the facilities, the faculty, the international network and the industry connections. Reading management books alone would be like an online education or a part-time, short-term management program that brings theoretical knowledge alone.

Train thoroughly and live life exhaustively

GIBS certainly teaches you how to get along well in the fascinating and challenging world of business. Not only do you need to know the market, the economy, and the finance, but develop a taste and a feel for industry specializations and an instinct for success. In the final analysis, it is productivity at the individual and corporate levels that contribute to national and social accomplishments in a world of values.





Wednesday, 10 May 2017

How an MBA Degree Helps Strengthen Your Business Skills?

The methods of doing business have greatly changed with time due to the recent developments in technology. In the recent times, strong communication skills are considered to be mandatory for gaining success in any career/industry. As the great motivational speaker Dale Carnegie has said: “Success in any career is achieved by 85 percent of communication skills and only 15 percent of technical skills.”

You can definitely improve your business skills by hitting the road the hard way, i.e. by attaining years of experience in the corporate world. This is a time-taking path though. Another way to improve upon your business skills, which is in fact opted by many every year, and where you get to gain a lot of exposure for a sturdy career, is a full time 2 year MBA program.

The focus of this particular article is on the very same topic, i.e. how earning an MBA degree can help strengthen your business skills, and help achieve success on professional as well as personal grounds.

Every organization, worth its pie in the market, be it big or small, a multinational or national, always seek to hire professionals who are skilled enough and put their best efforts to achieve the goals of the organization that they work for.

Pursuing an MBA program can help implant all the necessary skills in the students that help them perform better when they are put to work in the actual professional world. The degree helps equip the students with the right knowledge and tools in tackling difficult projects, gain an understanding of the best practices, differentiate analysis of benefit and cost, make tough decisions in problematic situations, perform assessments of risk, methods to motivate your team members, and resolving conflicts with the employees.

On the whole, by the time the student completes the course, he/she is instilled with all the necessary business skills that help lay the foundation for him/her to stand strong in the corporate world.
Moreover, owing to the stiff competition among the b-schools to attract the best talents from all across the globe, most of the reputed institutions have really improved upon the curriculum to match the global standards, hired the best of national and international faculty, incorporated practical industry-based learning frameworks, and have associated with top-rated companies to arrange placement drives for students.

In the corporate world, every business segment, from finance to sales, from marketing to human resource, has a business language of its own. For achieving corporate success, you should know at least the basic terminology of all the concerned departments. An MBA degree is the best way to learn these specific skills. You will be taught by the experts to read as well interpret business statements in a way so that you can communicate better with different departments in the workplace and can also draw the best out of your team members.
Let us now look into some of the most important business skills that you can acquire by means of attaining an MBA degree:


Decision Making
While pursuing an MBA, you can get multiple experiences about real-life situations by means of case studies, apprenticeship, company visits, immersion programs, etc. This will make you stand in a good stead when it comes to making tough decisions. You will be taught theories on business management, planning, and the rules that separate a successful strategy from a no-win situation. The modules taught will be in accordance with the recent trends of the business.

·         Problem Solving
Besides this, to be distinguished as a valuable employee and an asset to the company, you should have the ability to analyze tricky situations and come out with the best possible strategies and solutions. Foresight is often termed to be the best quality of a leader. You will be the “favorite” employee of the company if you can calculate a possible crisis that may hit the company in the near future, and guide and prepare the team accordingly beforehand so as to tackle any such unfavorable circumstances.

·         Practicality
Staying alerted and being aware of the latest market trends and practices is one of the most desirable skills if you are working in a business environment. However, just having information about something doesn’t suffice in itself; what’s even more important is having knowledge about the practical applicability and usage. It is thus important for a management professional to clearly understand the difference between the assumptions and realistic targets, and should thus drive the efforts towards attaining the practically achievable goals. The industry-driven curriculum and internship programs which constitute an integral part of an MBA course, help provide the students with a practical mindset to look at and solve the problems.

·  Communication Skills 
Whenever it comes to attaining success in the business world, communication skills emerge as the prime requisite. While some individuals are gifted with excellent communication skills, some have to work towards instilling the same. An MBA program does help inculcate the students with various forms of communication skills, i.e. oral, active listening, writing, group discussion, and presentation, which not only facilitate the overall personality development but also aid in attaining success in the career ahead.

Conclusion
Pursuing an MBA program from a reputed institute not only gives the best ROI in terms of quality education and industry exposure, but also help equip the students with the suitable business skills that are much needed to succeed in the corporate world.

The globe is always in the process of change, and as such, for the management professionals to thrive in the competition-driven corporate world, it is necessary that they keep themselves up to date with the changing trends and practices, and stay in tune with the best of business techniques and methodologies. In that direction, an MBA degree can help pave the way by providing the students with all the requisite knowledge and skills, that turn out to be a sturdy platform for attaining professional triumph.

 We at GIBS firmly believe that an MBA degree is much more about Business and life skills. Explore more at www.gibsbschool.com


Friday, 5 May 2017

Get a head start to a super management career at GIBS, Bangalore

Though b-schools do exist in vast numbers across India and globally too, GIBS presents a unique teaching-learning culture. Isn’t it a bitter irony that Indian students searched for MBA colleges abroad once upon a time decades ago? Nowadays, numerous quality b-schools in India attract students from Asia and Africa in large numbers!

What makes a first rate b-school?

It is hard to define what makes an institute really click. Perhaps it is the sum of all the parts just like the physical body functions. Nowadays, rather than the intrinsic faculty quality and dedication, the international network should be considered first. The affiliations and tie-ups with universities, institutes, and colleges abroad would facilitate student and teacher exchange programs.Thus, a web of connections is gradually getting built up that would become supreme advantages in the professional years. Building upon academic foundations is what every profession tries to achieve later in life.

The location that spells success

GIBS is profoundly lucky to have the Bangalore location in several senses! A global city that distinguished itself as the headquarters of the IT industry, Bangalore is home to numerous MNCs. That would be a mighty advantage as far as internships and placements are concerned.

It is a stimulating cosmopolitan outlook that Bangalore inculcates with the pleasant weather and job opportunities. The presence of a large expatriate population has resulted in deeper understanding between the cultures. Besides, Indians from across the country settle and work here, and have sweet things to say about the garden city. Intellectually and aesthetically, academics and professions, all get a gentle nudge in the right direction. Achievement, success, hard work and dedication across cross-cultural lines is what the city signifies to its ten million inhabitants.

Guest speakers enlighten the students with real life experiences

Most of us still believe that the study involves books and that is partly true. Except that education has transformed so much because the multimedia have taken over. If only books could talk, what would they say? The two-year residential MBA program introduces the trainees to lots more besides books. Creating industry leaders is the challenge for the institution. They achieve the objective through numerous stages.

The task of shaping the personality is a complex one, though backed up by research. Confidence and communication skills, fluency in language and ideas, thinking on the feet, capable of teamwork and effective leadership, these are some facets of the diamond that a successful entrepreneur should possess. Guest speakers have an important role to play in enlightening young minds. They are often celebrities who have spent decades in the industry and shaped the business world. Perhaps they hail from Finance, Human Resources or Chain Supply Management.

The illuminating lectures of Guest Speakers remind of the case study method of teaching that presents realistic situations that actually occurred. Finding answers to the problems presented is what the students need to do. It calls for dynamic thinking and bold decision making.

The Guest Speakers have been through all those trials.  They are now ready to present the cream of their lifetime of meritorious service. For the comparatively inexperienced students, the incidents are eye-openers to practical problems faced in daily life in the industry, healthcare or hospitality, for example.

Training and placements

While medical and engineering courses may be for much longer durations, MBA aspirants have already graduated and carried out work experience. They have already availed of fifteen years of school and college education besides the work experience of a few years. In the prime of their lives, they can think fast and possess the experience and the energy. Dedicated and capable students have a lot to study and many activities to participate in during the twenty-four months at GIBS.

The learning, experiencing and skill-building curve is constantly ascending. Able teachers show them the way with the support of world-class infrastructure. Seminars and presentations, tests and examinations are all working together like a journey up a colossal mountain. The peak will be reached in good time with the placement coming sometime in the third or fourth semester.

Yet the placement procedure is no easy task. Are those rare industry leadership qualities born or made? GIBS certainly believes that the human faculties may be developed through researched methods. When the best minds congregate, the environment transforms to positive learning. Where excellence is a way of life, can somebody be lagging behind? A few who might have personal problems or come from difficult backgrounds do get supplementary help to cope up with the demanding course.

Affiliations

Mysore University in Karnataka and Bharathiar University in Tamil Nadu are the renowned affiliations for the much coveted MBA course at GIBS. Such a degree is a sure passport to management success! Who would not like to step into the shoes of a CEO or CFO in those mighty businesses that have colonised the planet with umpteen branches spread through several countries? Yet the management in such cases certainly won’t be a walk in the park.

How does a manager develop those seemingly superhuman skills to succeed? Where will the cross-cultural experiences come from in a job that shifts you from America to Europe and China? GIBS thought of all those problems and have engineered just the right approaches in students. A love for challenging experiences, a desire to succeed in senior positions and bring renown to the institution, teachers and the country are at the heart of the pioneering students.

Just like fledgeling birds, they are bound to leave the nest at the end of two years but gratitude remains. GIBS is where they learned how to fly in the first place. The ambience of the greenery-filled campus rubs off on the students. A culture of stiff competition where researched ways bring out the best in the organisation is what the best managers practice all lifelong.The long march lies ahead and success will come, usually with the plush placement itself before quitting the institute. Yet the placement is only the beginning of lifelong achievement.


GIBS Business School, Bangalore


Tuesday, 2 May 2017

The value of summer internship in a management program

If you are a student and you have chosen a specific subject, then you should explore the industry. It would brief the upcoming career of a student. The summer internships are very important to know the demand, activity, and responsibilities of future. There are many universities that cater paid internship program during the summer time. Here, two things are very important.
·         Firstly, the student must follow the faculty.
·         Secondly, the summer internship opportunities of the Institute.
Business, economy, finance, hospitality, IT and other management programs have summer job options. The students have to join with the option because it would enhance the experience and market awareness. The jobs will vary on the course and the year. Small to medium trades are catering jobs for undergraduates. The purpose is to utilise their fresh skill. Such internships have a future connection as well. The student and the company would connect after the course for matured positions.

Management internships:

In finance or business management course the students have to study six months of business study. Primarily, after taking two 4credit programs of non-business majors and business majors, the students can get permits of internships.
The hospitality management courses are quite similar. Students can get their summer jobs at experienced authorities so that they can get the required experience. If the students have hospitality and tourism management course, then the internship programs are available as well.
The students of general management programs and advanced management programs may get a chance to explore six months of internships in the global market. The reputed universities of the country are providing this opportunity to boost up the maturity of upcoming managers. A bunch of the best companies is giving a scope to utilise the summer vacations properly.

How do the internships help?

Whether you are trying to recruit some students in a summer internship or other internships, then you must know the future benefits of it. The benefits have two ways. The students and the authority both can get help for this purpose.

The employment solutions:

Human workforce placement is one of leading terms of modern day business. There are several perspectives of human resource management. The leadership on employment follows some fundamental tactics. The experienced managers applied own ways by taking the help of methods.

Employment for future:

The internship programs are related throughout the year. Summer, fall, winter and other vocational internships are going in every session. These part-time jobs are the initial interviews of the future employees. The company observes the skill and possibility of the human labour so that they can decide to deal with him or her in future. It is a theoretical and practical interview of the worker. At the same time, the labour or an employee can get a chance to explore the company and its benefits so that he or she can decide the career. It is a solution for the organisations. The future workforce can be chosen by the company. Generally, college campuses are viral so that the companies can book their upcoming resource.

Taste the talents:

The internship process is the best way to judge the human resource. During the time a student will be judged by the authority. The skill, ability, fitness, and communication power would be judged. In the other hand, a student will get a chance to impress the seniors for future works. During the taste drive, a student would get some different projects. The emergency projects, complicated deals and simple deals, which will decide the impression of a student. This is an evolution of an intern. As the students can fail to accomplish the goals, therefore, the authority can try out for the basic jobs. It reduces the possibilities of loss so that a worker of future can be unfolded.

The intern-relationships of the interns:

Sometimes you would get a human resource manager as an intern. It would help the senior administrators to see the skills. How the manager assembles the labours, how he or she is building the relationship between workers, how the employees are getting motivation and how they are developing their skills. Such aspects would be followed by the administrators. The recruiter's duty is to provide a high rated workforce as well. The relationship of the labours depends on the taste driving theory as well.

Product related benefits:

The internship of management programs is the key to success of personal and official purposes because the process is vice-versa. The company can judge its outcome in productivity department and the employees can judge their lifestyle and salary scale.

Productivity implementation:

The interns would help the productivity of the company. While the new people are coming for a short time project, then the permanent employees are getting their helping hands. This process is enhancing the speed of the manufacturing or service providing tasks. This limited time would help the employees to roam around the higher level creativity or thinking. As interns are doing basic jobs, therefore, the company can think about the critical problem solving or expanding the products in that phase. Most of the companies are counting the benefits from a student so that the authority decides the future deal.

Refreshment:

There is some recruitment for introducing new ideas as well. The management internship doesn't limit to the helping hand sort of jobs. Some companies have 15 – 20 employees. These private business authorities are waiting for several internships. The purpose of interns' recruitment is to getting fresh thoughts, methods of manufacturing, marketing, branding or product launching. Thus, accompany can be rejuvenated by the newcomers. The process solves the problems of a little business company. If the ideology clicks, then the authority deals with the student. It helps the student to apply their methodology to satisfying salary.

Public networks:

Internships are the key to getting success in the future life, because of its networking as well. A student can start his or her public connections during the summer jobs as well. There are many companies, which are providing good exposure rather than money so that a student joins with the authority. This helps a future employee to start-up with the internship connection.  




GIBS and the intensely motivating world of Human Resource Development


Each year indicates an extraordinary triumph for business management education at GIBS, Bangalore, a global IT hub in South India. Whether it is the stringent admission procedure, the endless learning activities or personality development programs, the trainees are constantly on the go. It is a two-year battle that may result in a lifetime of successful professional development, perhaps as a senior business executive after some years of experience. The lucky ones start off on fancy salaries and never really rest until retirement a generation later.
Among the best b-schools in India, according to reputable rankings by Higher Education Review, Gyanduniya.com and Careers 360 –The Education Hub, GIBS deserves all the praise, and perhaps much more. When questions are asked regarding the secret of institutional success, it is the topicality of the curriculum and the industry relevance that keeps them zooming at the top. GIBS alumni have spread their wings across the Indian industry and abroad, at every level of accomplished designations.  Other areas of excellence could be stressed like the greenest campus in Bannerghatta, the world class infrastructure, the high-tech study facilities and the cozy hostels. In a word, it is sheer dynamism that rules the ambience where students are inspired each day.
The Human Resources factor!
In spite of the fact that the world is getting carried away by science, industry and now technology, humans still call the shots. Humans analysed how apples fall and sent astronauts into space.
DIGITAL WORLD OF HR was the theme of the HR Conference organised by GIBS Business School. Hotel Sanman Gardenia in Jayanagar hosted the event on 26th November 2016. The grand opportunity to put heads together assembled PR departments of companies and educational leaders to deliberate new methods to stay alive in a sea of competition.
Panel discussions dealt with the following issues:
HR Strategy - Education, training, compensation and the medical and moral support of workers are crucial to developing HR. Alive to the increasing competition, HR needs to forge a step ahead in order to preserve the glories of the past. Human labour through the centuries may have suffered upheavals, but made it possible for the world to live and work, study and smile each day.
Talent Acquisition - Human Resources today will mostly get hired online and that is a supreme advantage in the global marketplace. Talent can reach across to worldwide employment.
Learning & Development in the Digital Era – Technology has transformed the face of the industry. The opportunities for workers are better now than ever before in history.
Work Force Management – Connecting Workforce Data and Organizational Outcomes - Higher organisational productivity requires expert handling of workers on the part of senior management.
Though the workforce issues may appear overwhelming, the secret to industry success lies right there.