Indus Business Academy, Bangalore
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Indus Business Academy, Bengaluru which was established as Indian Business Academy is one of the premier business schools in India. IBA is not only one of the frontline MBA Colleges in Bangalore but is listed amongst the top 1% educational institutions in the country. The IACBE (International Assembly for Collegiate Business Education) has awarded ‘International Accreditation’ to only 42 colleges and academic institutes out of over 5000 institutions in India and Indus Business Academy happens to be one of them. IBA commenced operations in the year 2001 and the University of Mysore has granted affiliation to the academy.
The ‘All India Council for Technical Education’, a statutory body, under the aegis of the ‘Department of Higher Education’ MHRD (Ministry of Human Resource Development) has approved its ‘postgraduate diploma in management’ (PGDM) and MBA programs. IBA also offers 20 obligatory value-added certificate courses including but not limited to foreign language programs, Capstone, Six Sigma, SAP ERP, and OBSM (Overseas Business Studies Mission) programs. The campus of IBA is located close to the ‘Art of Living’ ashram in Bengaluru.
IBA Basic Info at a Glance
Year Established | 2001 |
University Type | Self-financed private business school |
Affiliations & Recognitions | AICTE, University of Mysore, applied for endorsement by NBA, IACBE |
Location | Indus Business Academy, Lakshmipura, Thataguni Post Kanakapura Main Road, Bengaluru-560062, India
Contact numbers (for admissions): 91-80-26083703/91-80 26083704/91-80 26083705 Email: [email protected] Email: [email protected] Website: www.iba.ac.in |
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Historical Background of Indus Business Academy
IBA, right from its inception in 2001, had made it its vision to be a universally revered business institute that will furnish the appropriate academic environment and infrastructure for creating budding business leaders and pioneering entrepreneurs. These potential industrialists and magnates would earnestly strive to reach the pinnacle of their careers, and by doing so, would hugely contribute towards nation-building, thereby promoting economic development and social harmony. IBA’s website mentions its mission in straightforward terms as “to be an institute of excellence in creating and nurturing research orientated academics, entrepreneurship and leadership with sensitivity towards society”.
IBA has always endeavored to be ‘relevant’ instead of simply being ‘run off the mill’ and it is this single-minded approach and go-getting attitude that has enabled the institute to become a blue-eyed boy of the corporate. The institute has collaborations with almost 200 multinationals and corporations that help the students to seek and find employment during placement interviews. On the other hand, Indus Business Academy is actively associated with several national industry and management organizations like CII, IHRD, AIMA, AIMS, and IACBE. These alliances go a long way in enabling the business school to devise industry-oriented curriculums.
IBA Campus Life
The only campus of IBA is in Bengaluru, sprawled across an area of nearly 8.5 acres, and is incredibly verdant. Taking a walking tour around the campus, one gets the feeling that the entire area epitomizes the city where the academy is situated-Bangalore is known as the ‘Garden City’, and also has earned the epithet ‘Silicon Valley’ of India. The congenial and unique academic environment prevailing at the campus inculcates the student to carry on with their study programs through healthy competition, teamwork, and coordination.
Additionally, IBA’s proximity to the celebrated AOL Center and the ‘IT corridor’ of the city also stimulates the students’ emotional quotient. The campus offers facilities that allow a student to complete his or her curriculum effectively as well as land a job in a noted company or firm. The campus houses:-
- 10 Mbps Wi-Fi campus
- A 3D center
- Special Pathways for the physically/mentally handicapped
- Executive Training Center
- Student Activity Center
- Auditorium-type smart classrooms featuring state-of-the-art teaching and presentation tools
- A full-scale, internet-enabled library complete with an audio-visual center
- A small stadium
- Grocery store
- Modern gymnasium
- Al fresco amphitheater
- 3 General practitioners who come down to IBA on a daily basis
- Provision for admitting to a hospital in case of an emergency
The entire campus is Wi-Fi connected that comes in handy for students, teaching and administrative staffs to stay online round the clock. IBA subscribes to a range of digital libraries which allow the students to download and access near unlimited databases for successfully completing their courses. All the students have to carry a laptop so that they can take advantage of the IT facilities provided by IBA, as per the ‘Microsoft Campus’ agreement.
The students make the most of IT amenities like ‘Microsoft Project’, ‘One Note’, ‘Visio Pro’, Microsoft Publisher’, ‘Industry Analysis Service’, ‘Economic Intelligence Service’, and ‘EBSCO Online Journals and Books’. The campus houses numerous lecture hall-style classrooms that can seat 300 and 100 students respectively. Besides, the institution has 13 separate boardroom, and seminar-type classrooms with distinct seating structures.
Students can go through more than 60 international journals that the library subscribes to. Apart from that, one can read up to 13 newspapers, more than 80 national & international magazines, 23,000 + e-dissertations, 5000+ e-journals, and 1,25,000 books. The library also has a separate audiovisual section with a DVD player that permits students to study a myriad of management aspects.
There are separate residential facilities for boys and girls in the campus premises and the hostels are fully secured. One can rent a room on a twin or triple sharing basis as well as opt to stay in a single room. Each and every room includes a cot, built-in wardrobe, study desk, and a chair. Every residential complex is juxtaposed by a canteen that serves nutritious, vegetarian fare. Breakfast, lunches, evening tea, and suppers are available at fixed timings every day.
Accommodation is also provided to students who pursue short-term skills development/MDP programs.
Indus Business Academy Best Courses
MBA – The ‘Master of Business Administration’ program offered by Indus Business Academy is a 2-year, regular course for which classes are held in the institute. The course curriculum has been designed in an innovative manner which equips the students with knowledge about various aspects of business management and administration. The students also come to acquire soft skills that in the long run, enable them to land an entry-level position in an organization, and thereby further their professional careers.
A student applying for the academy’s MBA program can choose to do a specialization in finance, human resource management, information systems, marketing, international business, and many other academic areas. In order to be eligible for admission, the applicant has to be a graduate (any stream) of any university recognized by UGC, having attained at least 50% marks in aggregate. Additionally, the student should clear any one of the entrance examinations including but not limited to CAT, XAT, ATMA, MAT, GRE, GMAT, CMAT, GATE as well as any of the entrance test held by state governments.
Post Graduate Diploma in Management – The 2-year PGDM course of IBA is the institute’s flagship program and the curriculum or syllabus is spread across 6 semesters. Students gaining admission in this program, have the option of completing a specialization in any one of the streams including ‘entrepreneurship’, ‘human resource management’, ‘operation’, ‘finance’, ‘international business’, ‘marketing’, ‘retail’ and ‘business analytics’. Once the student completes the program, he or she gains a good conception of managerial accounting, management perspectives, business law, managerial communication, information technology in management, marketing management, business intelligence, consumer behavior, taxation management, and so on.
Criterion for PGDM are the same as that of MBA.
Apart from the above two management programs, Indus Business Academy provides a bouquet of ‘skills enhancement courses’ that include:-
- Live Project Management (Kalakshetra)
- Management Skills Program
- Yes+ Program (offered at the Art of Living International Center, Bangalore)
- Capstone ® (Business Simulation Program)
- Six Sigma Green Belt Certification by KPMG
- Peregrine Academic Services
- APTP (Advanced Placement & Training Program)
- SAP ERP Course
- OBSM (Overseas Business Studies Mission)
- Foreign Language Training
Indus Business Academy Fees Structure (in INR)
Name of Program | 1st year | 2nd year | Total |
MBA | 3,31,000 | 3,31,000 | 6,62,000 |
PGDM | 3,86,000 | 3,66,000 | 7,52,000 |
Indus Business Academy Placements
The Indus Business Academy Placement record, over the years, has been simply awe-aspiring to say the least. Over 100 businesses take part in the campus placement event that is organized every year. Students are offered domestic and international placements in globally recognized and well-known corporations including but not limited to management consultancy firms, multinationals, software companies, banks, NBFCs, and so on. PGDM students complete a 3-month ‘corporate internship/project’ in a renowned business establishment that enables both the organization and the students to figure out whether they’ll be able to contribute in a manner that is mutually beneficial.
An APTP (advanced placement & training program) that gets underway from the very day the student start attending classes at IBA, also prepares students to land a lucrative position in an organization:-
- KPMG
- Yes Bank
- Wenger & Watson Inc.
- Standard Chartered
- MAGMA
- Madison Street Capital Inc
- XL Dynamics
- IndusInd Bank
- Deloitte
- EY (Ernst & Young)
- Dell
- Renault
- TCI
- Bosch
- Amazon
- Siemens
- Fortis Healthcare
- Colgate Palmolive