The need of identifying and nurturing the aptitudes and inclinations of each and every student and to equipping to face the challenges of a technology driven managerial career are seriously addressed at IBA
Dear Prospective Students,
With rapidly changing Technology, for the past couple of years, the world is in the grip of severe skills deficit. There is no dearth of talent. The challenge is of getting talent that meets the need of corporate world. In other words, the challenge is that of employability. U.S.A. the world’s largest economy is to-day considering proposals to overhaul education system due to rising skills gap. India, a relatively smaller economy with much bigger workforce faces a deeper crisis, perhaps far deeper than any other nation in the world. Its demographic trends (300 million new workers by 2025), its archaic educational system (barely 9-10% of graduates are employable), its economic structure-agriculture contributes 18% to GDP & employs 56% work force-makes the crisis painful & difficult. We have a deskilling economy without a re-skilling work force. A degree-driven Indian Society treats education as a proxy for skill levels. This creates strong demand-supply gap.
In spite of current Global Melt down, India will aspire for a super growth strategy. Even 9 to 10% growth is not enough. We have to grow at double digit rates & India has potential to grow on the strength of its internal consumption . The inflation negates the growth. To meet this challenge, skills will become a constraint without proper higher education. In backdrop of this, over 1.3 lacs people go abroad every year in search of opportunities. Also, there is an urgent need for upgradation of skills of rural educated youth. For all this, educational system is to be strengthened.
The Promoters of IBA having IIT, IIM & similar professional backgrounds visualized this a decade ago & to address the need, IBA was established nine years back with the primary objective of providing World class management education in tune with the contemporary requirements. It launched its academic activities in July 2001 after creating World class infrastructure at its Bangalore Campus. Subsequently IBA established its 2nd campus with State-of-the-Art infrastructure at Greater Noida and this 2nd campus started its academic activities from July 2006.
At IBA, students are groomed not just as managers but as holistic individuals. This is done through pursuit of excellence in every area of grooming - academics, innovation team work, Customer delight, leadership, communication, Excellence in manufacturing & service sectors, analysis, entrepreneurship and personality development. The need to identify and nurture the aptitudes and inclinations of each and every student, to equip them to face the challenges of a technology driven managerial career are also seriously addressed. These apart, in moulding them as complete human beings, moral, ethical, cultural and social values are instilled along with inculcating traits of self discipline, honesty and integrity.
This is done through continual interaction with Academicians, Corporates and integrating the world famous ‘Art of Living’ module with the academics. It ensures emergence of positively charged individuals ready to contribute to the growth of corporations and the welfare of the society. Besides this, IBA is making sustained efforts to create knowledge, influence practice & integrate the same globally.
IBA’s promoters, the eminent Academic Advisory Council, dedicated and energetic Directors and young CEOs, Dean and Faculty are passionate about IBA’s development. The live industry interface, intellectual capital resource are the cornerstones that are continuously strengthened in IBA’s move forward.
The unique IBA pedagogy backed up with meticulously laid State-of-the-Art infrastructure brings excellence in learning, training & in placements. IBA student is groomed to think out of the box & engulf articulation, innovation & team work. IBA’s strong linkages with the best in the corporate is reflected in its blend of core and visiting faculty enabling two way flow of knowledge, talent and resources. IBA is conscious about corporate social responsibility also. With active support of IBA Management, the faculty & students contribute to Rural Education. Health Awareness Programs thus infusing the CSR concept in the students.
IBA draws its students from all parts of the Country. Thus IBA students are exposed to varied cultures of different states. This truly makes IBA as mini India. This cultural exchange enhances the placeability of IBA students in any part of the Country & also abroad.
Looking at retail revolution in the country, IBA has designed courses focused on retail. In retail sector, the opportunities are huge. To-day India is one of the biggest sourcing hubs for several retail chains. Indian retail sector is also coming up. This sector has potential to create jobs for between one to two million people per year over the next decade.
Over 200 corporates visit IBA campus every year leading to 100% Quality placement. Due to consistent performance of IBA Alumni in corporates, there has been a significant increase in number of international placements every year. This is not a chance happening but is a reward after a rigorous training, stringent selection and recruitment process of multinationals’ standards. No wonder IBA is accredited in a short span among top 25 B-Schools in India.
I welcome hard working, ambitious, intelligent students to the 10th Batch at Bangalore and 5th Batch at Greater Noida to go through the IBA learning experience leading to becoming world class managers.
B.M.L. Jain
Chairman, Indus Business Academy
Chairman's message
FORMERLY INDIAN BUSINESS ACADEMY
Approved by AICTE, Ministry of HRD, India
