Just over a decade in its dramatic
existence that has reached national headlines and is growing in international
stature, Global Institute of Business Studies conducts MBA and PGDM courses.
Both the courses are postgraduate degrees that involve the study of two years.
Further, GIBS conducts the undergraduate BBA and BCOM that involve three years
of study. Affiliated with Bangalore University in Karnataka and Bharathiar
University in Tamil Nadu, GIBS occupies a 4.5-acre green oasis of a campus in
Bannerghatta, Bangalore.
An ISO 9001:2008 certified institution,
GIBS is approved by AICTE, HRD Ministry, Govt. of India and recognized by the
UGC. Among current recognitions in a long list of awards and honorable mentions
are GIBS being considered an Associate Member of XAT – 2018 and a Participating
Institute by ATMA – 2018. GIBS is recognized by Just Dial with the
Certification of 5 Star Ratings.
With some eminent institutions like GIBS,
getting successfully admitted itself indicates a halfway mark to a successful
professional career! Admissions are not a piece of cake either, since there are
admission examinations to be passed besides the performance in interviews and
group discussions. At the postgraduate admission level, work experience carries
weight too.
What are the
courses like?
Living in a world dominated by mega
businesses that spread their tentacles worldwide like the branches of a tree,
it is clear that workers, raw materials, finance and infrastructure are
crucial. In order to sell products or services, these are the bare essentials.
Yet, that is easily said. What about the management aspect? If not well
managed, profits are going to dwindle into losses. The purpose of business
schools like GIOBS is to train effective managers who can compete on the world
stage in multicultural environments and travel to different countries as the
need arises.
Knowledge of several languages would be
an advantage and the mind, heart and soul need to open up to the challenges. An
easy, frank and effective written and spoken language communication would be a
great advantage besides specialized knowledge. Choices of specializations are
many and they all sound very challenging. Supply chain management, health care
management, international business, information technology, travel and tourism
management, banking, finance and insurance, startups and SMEs, marketing,
financed and HR – choices are many to make a mark in the professional worlds.
Starting at the bottom of the ladder, internships and placements show the way
to rapid achievement in high level managerial positions.
Business Analytics
in contemporary corporate worlds
Think on the level of small businesses or
even at the individual level. The amount of information, statistics in terms of
facts and figures besides diagrams and images stored in software is mind
boggling. In such a scenario, just imagine how much information is contained in
the files and computer systems of large businesses. They deserve to be called
big data and represent all the information concerning customers and sales,
fashions and lifestyles, performance of products and services, technical
aspects, reports, etc. Now the task is to turn all that seemingly useless data
into learning adventures to better understand the future of products and
services, to improve models and technical specifications. That is what every
company wishes to do, since increased profitability is the sole purpose of
running enterprises.
How to turn the bid data into profits? It
is like turning waste materials into incomes through transformation as is
commonly done. Some methods and techniques, formulae and software need to be
used. We need to learn how to use and apply them. How to go about data mining? Recycling
information is big business. Rival companies would be willing to pay large sums
of money to get at all that information. Hacking is going on internationally if
cyber security is weak and data gets stolen too.
The right aptitude
and dedication
GIBS boys and girls need to take up the
challenge. It does appear daunting at first glance, the world of evil and
double dealing, fakes and cheating. On the basis of analysis of the present,
the ability to interpret the available data and predict the future course of
events would be possible. While such a procedure has been followed for many
decades already, the facilities offered by digital tools make it very dynamic
with so much money at stake. Along with analysis, communication and
visualization skills would be necessary too. Certain tools are used for the
analytical purpose and they need to be learned and applied.
Hadoop and Python, MongoDB (NOSQL) and
Amazon AWS (EMR / EC2) are some tools used in the process of extracting and analyzing
the big data. Other tools are Excel and SQL, R and SAS, besides several more. In
addition to all the study of economy and industry, productivity and management
of men, money and materials, the crucial analysis of data will now be studied
by the students. Like adding another dimension to their capability, their
performance and skills should increase a great deal in the eternal quest to
find professional business management success among the giants.
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