Global Institute of Business Studies Bangalore: An Interview with Mr. Ritesh Goyal (Director)

The Global Institute of Business Studies was established in 2014. GIBS is approved by the All India Council for Technical Education (AICTE), Ministry of Human Resource Department (HRD) - Government of India. The institute is affiliated to Bangalore University. Careers360 brings you an exclusive interview with Mr. Ritesh Goyal, Director, GIBS Business School Bangalore. In this interview Mr. Ritesh Goyal shares various details about the GIBS Bangalore admissions process and other important things. Read the complete article to know more about Global Institute of Business Studies, Bangalore.

Careers360: Tell us something about the institute; when it was set up, its vision and mission?

Mr. Ritesh Goyal: Global Institute of Business Studies, Bangalore, is counted among the top business schools in the country. Over the years, GIBS has been a pioneer in providing quality management education and creating a new pool of global business leaders. GIBS is an institution where talents are nurtured, ambitions are cherished, ideas are shared, and dreams come true.

GIBS’ vision defines its purpose. Our vision is to instill human values and to be recognized globally as the preferred destination for all future leaders, through global leadership in human development and excellence in education.

Our mission reiterates our commitment to making the world a better place. We aim to create a centre of academic excellence with a collaborative environment to impart value-based education to students from various socio-economic and cultural backgrounds and academic skills. We aim to prepare management professionals with a global mindset and catalytically transform them into world-class experts.

Careers360: Tell us something about the admission process.

Mr. Ritesh Goyal: GIBS Bangalore admission process is very transparent and designed methodologically so that every talent gets the right opportunity for management education.

Any student having a Bachelor’s degree (10+2+3 or 4) with a minimum 50% marks in any discipline from universities/institutions recognized by AICTE/UGC/AIU can apply for a PGDM course. Candidates can apply based on CAT, XAT, CMAT, GMAT, MAT, ATMA, State CET tests, and NMAT by GMAC where applicable and as per AICTE guidelines.

After the application is found correct, an applicant has to go through a standard group discussion and interview. A personal interview is one such phase in which we attempt to understand the students' potential. Also, we try to see their hidden talent and positive attitude. After this process, which is done under the supervision of experts, it is easy for us to choose the right candidate. Applicants chosen in this way do better in school and become better business leaders in the long run.

Careers360: What kind of infrastructure can students expect at the institute? Please elaborate.

Mr. Ritesh Goyal: A good infrastructure gives the necessary support to education so that students move forward on the path of holistic development in the right environment. GIBS’ campus has state-of-the-art facilities with a rich and modern infrastructure. In terms of infrastructure, equipment, and contemporary facilities, the campus complies with all governing body requirements. The campus is designed to create an ideal, pollution-free learning environment that is also conveniently accessible.

All types of indoor and outdoor modern facilities for students are present on the campus. Also, every student is encouraged to take advantage of these resources.

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Careers360: There is a lot of stress that is being put on with regard to interaction with the industry as well as companies that recruit. What are the steps being taken by the institute in this direction?

Mr. Ritesh Goyal: Mindset is the key to victory. And, GIBS truly believes this. That is why GIBS constantly strives for it. From the very beginning, GIBS provides its students with an environment that moulds their thinking in a positive direction. Students are exposed to on-campus and off-campus activities that help in their holistic personal development.

Seventy percent of GIBS’ teaching method is experiential. Students have to work directly under the guidance of industry experts. Due to this, along with regular industrial visits and association with global alumni, students are already prepared for the industry.

Apart from all this, we have trained students for placements, training, job interviews, and startups through our two landmark initiatives, i.e., Finishing Schools and IRE Labs. The combined result of all these efforts is that GIBS students are confident and enter the industry without fear of competition. This is why GIBS students have emerged as global business leaders.

Careers360: Internships are now mandatory as per AICTE guidelines. Does the institute help students with this? If so, how?

Mr. Ritesh Goyal: Absolutely. GIBS has always been known for its 100% internship and placement rate. Students are prepared for internships and placements from the very beginning. Efforts are made to ensure that it is not just internship training but real job experience. That’s why our students get such paid internships so that their careers can get a new direction.

GIBS has spread its wings in the industry through its strong relationships with various corporates. Students got to do their summer internship under the mentorship of eminent leaders at Timken, ITC, Nestle, Innoserve, Techsol Pvt Ltd, Autumn Worldwide, Muthoot Finance, Mahindra, Pinnacle Generators, JW Marriott, Mentes Capital, Cadila-Pharmaceuticals, Swiss Arabian perfume industries (SAPG), Stepping Stone, Dalmia Cement, Parentlane, Ceaser Software, Life Cell International, Brand Factory, to name a few.

Careers360: Can you please share details if there is any collaboration with universities abroad?

Mr. Ritesh Goyal: In the modern business environment, an organization has global divisions. Therefore, business management courses for young professionals must incorporate an international viewpoint and provide global exposure.

At GIBS, our students have opportunities to gain international exposure through the Global Immersion Programme, International Assignments, tie-ups with foreign universities and international professors. Some of the key international tie-ups include Lincoln University Malaysia, Lincoln College USA, Nottingham University UK, Putra Business School Malaysia, and Stevenson University USA.

Careers360: Please share statistics about placements, including the average salary, the highest and lowest salaries, the number of students who were placed, and information about the companies that hired them.

Mr. Ritesh Goyal: GIBS has always felt that the institute’s principal purpose should be to groom its trainees into future business leaders. GIBS has emerged as one of the most successful B-schools and has set a record by providing 100% placement over the years.

During its recent campus recruiting campaign, more than 160 recruiters participated and offered attractive packages to prospective candidates. The Highest Salary Package was ₹15.5 Lacs p.a., whereas Average Salary Package was ₹7.4 Lacs p.a.

Read More: GIBS Bangalore placements

Furthermore, during the placement season, corporations made worldwide offers. Berger Paints, Decathlon, Dell, ICICI Bank, PhonePe, Practo Technologies, UpGrad, JM Financial Services Limited, Motilal Oswal, Bajaj Finance Limited, Byju’s, Axis Bank, Emami Agrotech Ltd., Dish TV India Limited, BMW India, Jindal Aluminium Limited, Goldman Sachs, Amazon, and others are among the major recruiters.

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