Industry Tie-Ups: How are They beneficial for B Schools?
In the present academic time, the MBA popularity is increasing rapidly by the year. Those days when the students who used to settle for substandard programs to improve their academic profile are now gone. Students are now more informed in their decision-making because of the various educational portals and the influence of social media. Consequently, the B-schools need to stand out amongst their competition over multiple factors. A strong industrial tie-up is one of them. Here’s how it is beneficial to a B-school.
Specialized program by a top firm
Businesses and B-schools have a mutual relationship where the latter provides a steady stream of management students to the former. While this informal relationship benefits both parties, many firms usually raise concerns about the lack of domain knowledge and requisite skill-set from the new crop of students. As a result, top firms offer to provide tuition in these areas through a specialized program. The firm’s top brass prepares a curriculum that extensively covers the particular domain while providing an extensive range of education in relevant professional skills, which will allow students to acclimatize to the company’s work culture. By creating such a holistic program, businesses will recruit students who qualify as ‘finished products’ and don’t need any further investment in training.
B-schools will stay ahead of the curve by collaborating with such firms and implementing their specialized programs and will blur the lines between theoretical and practical know-how.
One of the primary reasons why students invest their time and money in an MBA degree is placements. After two years of extensive education in a B-school, it assures them of reaching an elevated position within an organization. Therefore, B-schools can provide quality industry exposure to its students, by tying up with organizations from different domains. For example, at the end of their first year, students undertake an internship wherein they have to deliver innovative solutions for their allotted projects in real-time. They gain profound practical knowledge about the industry by working on several projects. When they integrate this practical experience with their theoretical knowledge, they gain the upper hand during placements.
Moreover, an internship helps students build contacts and build a professional network. They can positively use this relationship by applying for a role in the same organization or requesting their seniors to put in a positive word-of-mouth review about their work to a different organization. It will help them acquire their favoured job role and progress in their profession excellently.
Gives credibility to B-schools
An impressive placement record allows B-schools to demonstrate the strength of their industrial tie-ups. These B-schools can confidently proclaim the fact that the best amongst the industry recruit students from their campus, and they end up having stellar professional careers in terms of job role and salary. As a result, in the country, these B-schools can position themselves as one of the best. It gives their resources a lot of credibility in terms of the teaching methods & pedagogy, infrastructure, faculty, and student culture. Naturally, to lead successful professional careers in their respective domains, the students will find the encouragement and interest to apply to these B-schools. Hence, the admissions of B-schools link heavily to their industrial tie-ups.
By collaborating with the industry’s big firms, B-schools can provide their students with a learning experience that will give them a much-needed impetus to excel in this professional world of management.
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Questions related to GIBS Bangalore
Hi, I score 646.50 composite score and 83.50 percentile below in sep2019 mat, I interested in pgdm program so can anyone suggest me a good bschool based on my mat score and if possible please share your valuable option on IPE Hyderabad and GIBS Bangalore or any other bschool which you have in mind.
Congratulations for the very good score in MAT
Institute of Public Enterprise (IPE), Hyderabad is a decent college.
The fee for the college id Rs. 8.15 lakhs and the average package is 4.15 lakhs.
But the problem wit the college id that the return on investments . The fee for the course is very high and the package for the placements is less .
The fee including hostel would touch 11 lakhs which is too high.
GIBS is a good college with good infrastructure.It is not a bad choice to choose. It has been ranked 3rd best B-school in India . The vaerage package is 4 lakhs and the highest package ia 11 lakhs .
When compared to IPE , Hyderabad no doubt GIBS, Bangalore is a good college. The faculty members are more experienced and they tecah the students along with practical knowledge.
The other institutes that can be considered are:
IES management college and Research center , Mumbai
New Delhi Institute of management, NDIM New Delhi
Jaipuria Institute of Management, Noida
GITAM Hyderabad Business School
Xavier Institute of management and entrepreneurship, Bangalore
balaji Institue of management
Alliance school of business, Bangalore
VIT business school, Vellore
ITM business school, Navi Mumbai
All the best
How is GIB Business school banashakari 3rd block good for pursuing mba
Isbr or gibs Bangalore good for bba
IIBS business school bangalore is better for BBA. It is one of the top collges for BBA in Bangalore. Faculties are well knowledged and intellectual. Provides a regular degree. You can develop your skills and knowledge in this place. Placements of this college are better than GIBS.
Visit the following link for more info:
Hope this helps!
Gibs business school Bangalore or iibs business school Bangalore better for bba
Hi Sb !
Actually none of these is good colleges. But if you only want join from any of these colleges, then GIBS would be nice.
Let's talk about it
An average place to study, unique infrastructure. According to the reviews which are on internet it seems that it is a very good college to join.
GIBS Business School has a "Placement Panel" whose head is Mrs. Uzma Nayeem (Renowned Image Consultant) and the members of the panels are all the CEOs of companies in bangalore. GIBS even has a placement advisory board working for the national and international placements. Every Saturday they have a Guest Lecture from one the members of the panel and a session from Mrs. Uzma Nayeem to shape up your personalities into corporate person. So, placements are sure provided student actively participates and attends all the sessions arranged for the placements by the panel.
Average:- 6 - 8 lakhs
Highest:- 11.30 lakhs
I found GIBS Business School in the Internet. Beautiful infrastructure, with all world class amenities. They have an Unique TRIO combination of MBA + PGPM along with SAP, SIX SIGMA and Project Management Program (one of the most required and appreciated certification world wide) and many more value added courses and certifications.
Please upvote if this was helpful to you.
Hope this helps.
How is GIBS bangalore for doing MBA? What is it average placement is it really worth?
GIBS Bangalore is a good option for pursuing MBA or PGDM and the best part is that they are offering dual specialization also. Their average package is 4-5 lakhs per annum. They are having seperate placement panel which will help Gibians to enhance their personality in corporate world. It will be absolutely worth if you join for any course in GIBS.
Hope this helped you.
All the best.