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I Business Institute, Greater Noida was established in the year 2008. The management institute is located in the knowledge hub of Delhi NCR. I Business Institute is approved by the All India Council for Technical Education, Ministry of Human Resource Development, Government of India. The institute offers one programme at the postgraduate level - Postgraduate Diploma in Management. Careers360 brings you an exclusive interview with Dr. P Sivakumar, Director, I Business Institute Greater Noida. In this interview Dr. P Sivakumar shares various details about the institute, IBI admissions process and other important things. Read the complete article to know more about IBI Greater Noida
Careers360: Tell us something about the institute; when it was set up, vision and mission
Dr. P Sivakumar: I Business Institute is a well-reputed Management Institute strategically located in the knowledge hub of NCR thereby opening up a plethora of opportunities for the budding managers. It was set up in the year 2008 by eminent personalities. It offers a two-year, full- time PGDM program approved by AICTE, Ministry of HRD, Govt. of India. A number of expert professionals from various industries, academia and policy makers are associated with IBI providing advisory, training and faculty support.
Keeping pace with the ever-evolving education scenario, IBI has taken major initiatives in terms of programmes, curriculum development, corporate linkages, placements and students’ development. It has developed an incubation centre where students can gain hands-on experience in innovation and entrepreneurship while being nurtured and encouraged by the entire team.
IBI believes in creating an assiduous environment of innovative learning and inter-disciplinary knowledge by the pedagogy to haul out the best in each student. IBI aims to be one of the top business schools in the country by providing students with value-based education and moulding them into leaders, who will go on to play the role of changemakers in society.
Vision of IBI is to be a premier globally recognized Management Institute that is dedicated to educational excellence and grooming future leaders for India and the rest of the world. We aim towards a method of training that encapsulates both theoretical knowledge and practical excellence in the perfect balance. Mission of IBI is that the commitment to bring out the best in every student to enable them to face the challenges posed by their professional careers and also gets them ready for the rough road of life. Also, IBI is committed to developing leaders and entrepreneurs who become essential assets to not only their stakeholders but also to society at large.
Careers360: Tell us something about the admission process?
Dr. P Sivakumar: I Business Institute admissions process consists of a Written Test followed by a Panel Interview and Dean's Interview. To evaluate the communication and analytical capabilities of prospective students, the written test is conducted for all the applicants. Final Selection of the candidate is based Academic Score + CAT/XAT/CMAT/MAT + Written Test + Work experience + Panel Interview Score + Dean's Interview Score.
Selection would be based on entrance exam score plus interview plus the overall academic record of the candidate. Application Form and Prospectus are available on payment of Rs. 1100/- by DD at the institute. Form can also be downloaded from the I Business Institute website. Demand Draft should be drawn in favour of "I Business Institute" payable at Greater Noida. Applicants can also apply online by paying Rs. 1100/- through Net Banking or by Debit/Credit Cards. Duly filled application form must be submitted to I Business Institute, along with copies of 10th, 12th, Graduation certificates and scorecard of CAT/XAT/CMAT/MAT. In case of online application, candidate should carry a print out of the completed application form on the day of Panel Interview/Dean's Interview. Applicants should bring their original documents at the time of interview along with one set of photocopies of all the documents.
Careers360: What kind of infrastructure can students expect at the institute? Please elaborate?
Dr. P Sivakumar: I Business Institute, Greater Noida, offers world-class facilities to students for holistic development. The campus is equipped with a library, modern classrooms, computer lab, auditorium, cafeteria, hostel, gym, etc.
Careers360: There is a lot of stress that is being made 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?
Dr. P Sivakumar: Many organizations today prefer professional management graduates as they are equipped with real-world knowledge and skill set that helps them to handle challenges better than others. The course is designed in such a way that it is industry-centric. The atmosphere at the institution is quite different from a regular classroom. Students will get a lot of hands-on corporate exposure, which helps to increase the communication skills. They will also be able to sharpen their interpersonal skills, decision-making capacity and analytical skills. The course offers practical exposure to industries through industry experts talks, internships and live projects that help students to build their corporate network which even helps them to fetch Pre Placement offers. Students also gets to meet industry leaders and gain first-hand insights as to how business functions. Apart from intense classroom sessions, they also get real-time exposure to the world of business.
We have a dedicated training and placement team to promote employability of students through industry engagements. The organization will definitely be looking forward to well-informed candidates. The training and placement team helps the students to browse the news portal in its field and absorb as much information as possible. This will help the students to stay updated in that field. Punctuality is something all organizations look forward to in their staff. The team is training the students to be punctual in all their activities. Productivity matters a lot when they are working for a company and will ultimately determine the progress there. The students has to manage their time, as this is the only way they will be able to utilize the talent and get the maximum benefit out of it. The team is taking every possible step to manage time of students.
In this competitive world, the secret of survival and growth of any company is to find and implement efficient ways of doing things. The team is engaging the students in the state-of-the-art laboratories providing them an environment to think out of the box and innovate.
Careers360: Internships are now mandatory as per AICTE guidelines. Does the institute help students with this? If yes how?
Dr. P Sivakumar: Internship is mandatory to get PGDM degree at IBI. IBI has separate team for summer internship programme. The team consists of faculty, staff and students. IBI has list of well-known organization for the summer internship programme. Creditability of a new company is assessed by team and then included in the summer internship organization list. The summer internship team is coordinating with the organizations and the required information is shared with the students. Interested students list is shared with the organization by summer internship team. Summer internship team in accordance with organizations has finalized the date of interview.
Read More: IBI Greater Noida Courses and Fees
Summer internship is ranges from 10 to 12 weeks and is normally during the month of May to July every year. Also, IBI has registered with AICTE’s internship portal, which provides information related to summer internship projects in various companies and various locations. Around 85 percent of students who have got stipend for their summer internship and Dukes India has offered highest domestic stipend of Rs.30, 000 in the year 2022-23. The average stipend is Rs.12000. The number of companies that offered summer internship to the students was 96.
The students who got summer internship project is maximum in FMCG to the extent of 20 % followed by BFSI, Consulting, and Telecommunication to the tune of 13 % respectively in the year 2022-23. Students who got summer internship in Retail, e-commerce, and manufacturing have recorded 10 % each.
Careers360: Can you please share details if there is any collaboration with universities abroad?
Dr. P Sivakumar: It is essential to see if the management institute is providing the global exposure or not. I Business Institute always puts an effort in making its students ready for various industries and the corporates globally. It has collaborated with well known Universities and Institutes across the globe. Nanyang Business School-Singapore, Singapore Management University-Singapore, IFRA-Canada, and Fordham University-USA are currently engaged in collaboration with IBI.
Careers360: Please share placement statistics with information on the average package, highest and lowest package, number of students placed and details of companies that have recruited.
Dr. P Sivakumar: Total numbers of students graduated in 2022-23 academic year are 167 and total numbers of students placed are 161. Students who opted out of placement for entrepreneurship are 6. Highest domestic salary (offered by Khimji Ramdas) was Rs.19 Lakhs per annum. Average domestic salary is Rs.6.5 Lakhs per annum and lowest salary is Rs.4.5 Lakhs. Highest international salary offered is Rs. 35 Lakh (offered by Siaci Saint Honore). Some of the organization which recruited the IBI students are; Aptara Incorporation, AU Small Finance bank, Bajaj Capital, Best Practices LLC, Bharat Financial Inclusion Limited, BuyerForesight, BYJUS, Carwale, Coolboots Media Pvt Ltd, Crisil and many others
Disclaimer: This content was distributed by IBI Greater Noida and has been published as part of Careers360’s marketing initiative.
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