Jul
30

The day FIIB got its results: Satisfaction Survey

The butterflies in the belly after an exam are no surprise to anyone. Everyone who is reading this has experienced this anxiousness after they appear for any test especially if they really want the results to be in their favour. FIIB after conducting myriad tests, assignments, internship programs and exams for its students, appeared for tests of its own which was evaluated by the students of the ongoing as well as graduating batch.   

The key to driving a successful business is understanding the consumer behaviour, their necessities and feedback on the end product. FIIB, being one of the top institutes for MBA in India, tries to inculcate this activity into the yearly calendar, by conducting a student satisfaction survey among the demographic of the outgoing batch. The students with their experience of life at FIIB, made us proud and content with their positive assessment of the institute.

Mode

Students Satisfaction Survey, conducted at the end of the academic year of PGDM Program, aims to measure the level of students’ satisfaction with their one year experiences at FIIB for the students of first year as well as second year. This support strategic planning and decision-making regarding further improvement of Institute services to students. The survey forms were distributed to the students in their emails so as to make them at ease an feel comfortable to ensure maximum participation. To retrieve optimal analysis from the survey it is really important to have a large demographic participating in it.

Parameters

The parameters for survey were confined to Program, Support System, Career Management and FIIB Life. These are majorly the areas which hold the responsibility for the establishment and upliftment of the career of students. The questionnaire for Program included assessment of the course curriculum, classroom learning, methods and implementation, student mentoring and guidance from the faculty and peer group intellect. The Support System was adjudged in various categories such as technical support and maintenance, library, infrastructure, security, cafeteria, cleanliness and hygiene.

Career Management refers to services rendered in the field of placements, recruitments, internship opportunities, support with live projects and career advice. FIIB Life includes the student clubs activities at the institute, college fest Samavesh, the behavior and support from faculty and staff and grievance handling.

Analysis

A total of 174 students were sent the  Exit survey among which 134 responded to the survey, out of which 80 were male and 54 were female. Similarly, 143 students received the students satisfaction form out of which 89 responded with a gender distribution of 56 male and 33 female. While processing the amount of data input from the students during the survey, it was very important that the analysis was done with extreme precision. Student inputs to online survey were processed at Feedback Cell and analyzed using excel tools. The date was analysed using the mean method and averages were taken into consideration to show values.

Inference

The overall feedback of students has seen a peaking rise in comparison to past years. This gives us a great deal of content as we progress in the right direction to provide advantageous education, learning environment, beneficial services and ample opportunities to the students. The faith shown by the students in the all-round facilities they received at FIIB has left our hearts brimming with pride, joy and confidence. The overall satisfaction level measured was measured on a scale of 4 with the following parameters.

1-Very Dissatisfied
2-Dissatisfied
3-Satisfied
4-Very Satisfied

The exit survey yielded the following results in terms of questioned parameters and data received.

The ‘Program’ received a satisfaction of 3.20 which saw an hike of 0.65% from last year. The ‘Support System’ received an advantage of 1.35% from past year survey with a rating of 2.95. ‘Career Management’ received a staggering progression of 5.16% with a rating of 2.97. ‘FIIB Life’ was one section which received a great response of 3.15 showing an elevation in ratings by 1.15%.

The Students Satisfaction survey showed even better results which made us realise that we are implementing the results of survey to better use.

The Program received a satisfaction rating of 3.12 which checks out to be at a positive difference of 2.00% from last year. The support system demanded more improvement with a rating of 2.92 still making a positive difference of 6.15% from last year. Career management stood out with a rating of 3.02 which saw an hike of 1.05% . FIIB Life displayed gracious improvement when rated as 3.09 with an increment of  3.33% from last year.

The overall satisfaction rating received from second year students turned out to be 3.06 out of 4 while the overall satisfaction from first year students was 3.04.

Implementation

Considerable amount of changes have been made in respect to the curriculum and life at FIIB as per the feedback received from the students. Data Analytics courses have been induced into the curriculum irrespective of the specialisation of students to cope with the rising demands of industry. The student satisfaction survey is conducted in all its fairness and after the critical analysis of the received feedback the conclusion is implemented to supercede the areas we have been excellent in and improve the quality of services to our students so as to create a career driven and sincere environment for students.  

Jul
28

Mentoring Program at FIIB: Transcending students in a progressive arc

Starting out in a college can be stressful especially as PGDM is a terminal degree for many. These 2 years are considered to be the most important to set a solid step into the corporate environment. This is also the time where students feel overwhelmed with decisions regarding courses, specialization, internships, career paths, and placements. To show them the guiding light to find their way to success, FIIB focuses on the mentoring program where the relationship between the student and mentor goes beyond the classrooms. The erudite faculty at FIIB doesn’t just teach them the management concepts that the industry demands, they also hold themselves accountable for the progress of the students in their professional and personal life at and away from the institute. Moreover, it’s not just faculty who are involved in the mentorship program. It is more than that. Read on to know how.

Faculty Mentors

Right from the time they enter the campus to the time they leave us to succeed, at each turn they are mentored. The first of them being the mentoring orientation day, where the mentors and students sit together to understand each other’s expectations. Starting then, the faculty mentor is the go-to person for the student to understand complex concepts, take informed decisions, and to choose the direction their career can be led. Faculty mentors assigned to each student facilitate monthly feedback around academics as well as skill improvement. Through coaching and feedback, these mentors handhold students to enable a smooth transition to the professional space. When these freshers begin their internships, the faculty sets ground rules for them to make the most of the exposure to turn those internships to placement offers, the mentors also visit these students at the organization they’re interning with to ensure they are not facing any difficulties. Once they come back successfully finishing their internships, and till they are finally placed, every interaction with the mentors ensure that the students are groomed and polished well for the business world they’re about to step into.

Industry/Corporate Mentors

We believe that interacting with game-changers of the industry helps the students understand what the market demands from them. Regular guest lectures and industry visits allow them to experience the corporate environment by themselves. In addition, FIIB hosts View From The Top series – a collection of inspiring, informative, and interactive talks – by some of the best, biggest, and brightest minds of the century that opens the doors to the career empowering community. In the mentoring program, the students also go through 4 rounds of SANKALP – Skills And Knowledge Aligned to Lead and Perform, which is an assimilation of grooming sessions by corporate experts coaching the students at every turn of the road to their corporate entry.

SANKALP-1, SANKALP-2 are more of directing the students to set out a career path out of the specializations available and what the market demands them after PGDM while SANKALP-3 and SANKALP-4 are about preparing for an indulging corporate internship experience, and placement drives. FIIB also ensures that during the internships, the students are under the guidance of a corporate mentor to help them fulfill organizational goals through the tasks assigned to them. This gives them the taste of the world they’re entering and the market they’re going to transform.

Alumni Mentors:

Utilizing the strong alumni network as a mentor base gives our current students a chance to ask questions of someone who has been in their shoes and can relate to them more easily. FIIB brings together the students and alumni in a purposeful, mutually rewarding relationships with alumni-to-alumni mentoring programs and alumni interactive sessions which allow freshers and recent graduates to receive career advice from those with more experience in similar professions. This strengthens the bond of the students with their alumni and enhances the professional network they are building.

We do not limit mentorship as an aspect of only professional grooming, it’s beyond that. Every student who joins FIIB gets a senior buddy who will act as their coaches. They help them understand the life at and around FIIB. They help them make decisions on a wider range of topics like the cafes to hang out at, the places to visit but more importantly how to fully utilize the 2 years at FIIB.

The whole culture at FIIB revolves around the central concepts of mentoring, guiding, and helping each other that everyone who enters to learn, leaves to succeed.

Jul
28

A Visit from Mr Rishi Srivastava: The Homecoming of a Beloved Alumnus

Over the years we had the chance to meet with many of our alumni and are enthused by their desire to be connected deeply and meaningfully with each other and with the Institute. Their commitment to FIIB is unwavering, and their partnership is essential as FIIB grows its presence around the globe. Our Alumni has achieved so much in last quarter century and it’s a jolt of pride every time they return to the institute.

Mr. Rishi Srivastava, Branch Manager, Rohlig India Pvt. Ltd and eminent alumni of FIIB from the batch of 2001-03 paid a visit to us on 7th July 2018. It is always an overwhelming feeling on the homecoming of any special family member. Mr. Srivastava spoke to students of the batch if 2018-20 to impart some words of wisdom he has gained through his years at FIIB and beyond. The students interacted with Mr Srivastava with great vigor and enthusiasm asking him about his time at the institute, his career choice, and his success mantra.

After his session with the students, Mr. Rishi had a heart to heart chat with us about topics ranging from nostalgia to career advice to his juniors. Take a look at how the conversation took shape.

Q: How would you describe your journey at FIIB and beyond?

A: I came of FIIB with a different vision and i understood at the moment that this is the only institute for the International business for me. I selected my career at International Trade and that helped me out because at the moment no institute or universities were providing certifications which helped me to learn about export/import, customs of India, case studies which helped me get into a forwarding company so starting from a very junior level from a very small forwarding company, now I am heading a forwarding company now running a show of 135 people, who are working with me

Q: How does it feel coming back to your alma mater and interacting with the fresh faces of FIIB?

A: *Smiling* It feels fantastic, actually. The raw enthusiasm of the students reminded me of the time I entered this institute with hopes and dreams of setting a successful career for myself. It reminded of the journey so far and beyond. I think, we come back to our alma mater for this reason. We see ourselves reflected in them. That’s when I feel as their senior and alumnus if I can help the students sketch out their corporate journeys, I would have done my part in giving back to the institute which has given me so much.

Q: What can the students expect when they step out of college?

A: A lot of stuff has changed over the time, internet and social media has enabled us to keep tabs over global issues, research is just a click away, you can get acquainted with information from all corners of the world in a matter of seconds, at the same time the demands of the Business world have changed dramatically. Compared to just a few years ago, logistics and supply chain needs have shifted phenomenally. We expect lightning fast service; one day or one hour deliveries and the fact that it’s become a habit for most of us to even order groceries and medicines online speaks how rapidly technology disrupts several sectors. I think it puts enormous responsibility over these young managers to keep tabs on global challenges and figure out innovative solutions for the new problems that arise everyday.

Q: What is the success mantra you would like to share with your successors of FIIB?

A: I understand, MBA pursuing students slightly lack their focus. I mean to say that whatever industry you want to select, just select it this time, you focus  should be on those major and minor senioritis in the curriculum if you really want to go International trade, finance, marketing, operations, elective, study whatever that comes in front of you, when you study it, you will definitely give a benchmark. You must target your companies where you really want to go. Study about those companies and things will automatically fall in place.

Q: What is the attitude that would help a management student climb up the corporate ladders?

A: I would say, a manager should be smart, confident, and persuasive. There are often times when one needs to take quick decisions that last long. My suggestion is to be always prepared. Keep up a positive approach towards every obstacle you face. Soon, it becomes a habit. Dress smart, smile, and carry a confident aura. Trust me, there’s nothing a charming smile and a powerful handshake can’t do when it comes to management. Stick to the basics: Know your roles, take full accountability, deliver your best always. Be proactive. This attitude builds over time and I think if the students inculcate these habits early on, it would be very easy to tackle the corporate environment.

Q: What is your message to the students who are soon going to graduate from the institute?

A: For passing out batch – don’t hop too much, stay with a company for at least 3 years at the start. It is definitely going to pay. Choose your industry where you want to work whether it is banking, export-import, airline or any other vertical. A lot of things might change but hard work still remains as a biggest strength to those who know how to use it.

For the freshers – just read & study as much as you can. Definitely, theoretical knowledge plays an important role, because you are learning from the people who’ve been there and done that before you. It sets a platform for you think new, think better, and think bigger.

Lastly, I wish luck to both of them to do their best and etch their names in the booming, blazing corporate world.

It was indeed a pleasure listening to his invaluable inputs and we would like to thank Mr Rishi Srivastava for taking out a few extra minutes to talk to us. FIIB is proud of him and we wish him all the success for his future endeavours on the road to excellence.

Are you an alumnus and want to get involved with us? Write to us on alumni@fiib.edu.in

Watch how the conversation with Mr. Rishi Srivastava unfurls below.

Jun
29

The New North Orientation: Sketching the picture for Life at FIIB

The day of June 8th, 2018 marked the beginning of a new chapter for our batch of 2018-20 which shall always remain the episode which will set up their character in the book of life. It was a day of great joy and celebration as the FIIB campus was overwhelming with the combined enthusiasm of students, parents, faculty, staff, and management. The campus was lit with joy as after a long and rigorous process of group discussions and personal interviews, the institute was able to shortlist the best 180 students to complete the batch. As Dr. Nimit Gupta explained to the term ‘NEW’ to the students, the new north orientation program justified its name beyond what was comprehended.

Students were witnessing New faces, discovering a new place, and understanding a new process. NEW is a journey within of:
Novice to Expert
Experience to Evolved
Wood(pen paper) to Web.

The batch holds an unprecedented potential within itself which was very evident from their performance during the admission process. Out of the strength of 180 students, 13 students hold a work experience of fewer than 2 years while 6 others have a corporate experience of more than 2 years. A diverse group with students belonging to every part of the country, ranging from the deserts of Rajasthan to swamps of West Bengal and from the great white north of Jammu and Kashmir to backwaters of Kerala.

Mr. Saurabh Mittal was our guest of honor at the orientation program. He heads the advisory board for course curriculum at FIIB.  Mr. Mittal talked to the students about the upcoming challenges in the field of business with the frequent technological changes and advancements. He shared a few tricks from up his sleeves, about to how to tackle these challenges.  He encouraged the students to be open to the possibilities and take up every challenge that comes their way. The business world is very diverse in its approach and the opportunities offered, which requires the young business managers have a welcome attitude for multiple perspectives.

Ms. Radhika Srivastava, Executive Director, FIIB in her welcome address reminded the students of the promise of the institute to them that, this place will challenge you to achieve your potential,  and create opportunities for your future success with the support of committed mentors and lifelong friends you’ll make here. She insisted on the relevance of our message of the tagline “Enter to learn, Leave to Succeed” which symbolizes our dedication to the career growth of the students through diverse learning processes and ensuring their successful establishment into the corporate world.

Students have just begun to indulge in the frequent curricular and extracurricular activities of the institute and are picking up the pace getting acquainted, with the new culture and ecosystem. The focus still remains on getting the students more enhanced and employable, but all in good time.   

Jun
29

A New Jewel added to the Crown – First Cohort of PGP Analytics Graduate from FIIB

In this day and age where people and processes generate data every second, it’s very important to make sense of that data generated. We no longer answer the question if data is important, rather we are seeking the answer to how best we utilize the data we have to make impactful decisions. There’s no doubt that managers of today take decisions only if they’re backed by strong data. Information and statistics are the magic spells that prove points and change minds. As the old adage goes, you can’t manage what you don’t measure.

Being the institute that always stays a step ahead with the current trends of the industry, FIIB’s Post-Graduate Certification Program in Business Intelligence and Data Analytics (PGCP BI-DA) equips students with all the necessary tools and techniques to manipulate and make informed decisions. Driven by the core value of excellence, the curriculum offered is industry focused and ensures that the graduates stay ahead of the curve. FIIB works with IBM, a global technology and innovations leader to keep its faculty and contents up-to-date. The partnership especially focuses on delivering cutting-edge analytics skills for data backed decision making.

The program was tailored towards the requirements of both full-time students as well as working professionals. The blended learning environment offers minimal disruption to the work-life balance of professionals. The tools used to handle large amounts of data are advancing more rapidly than any other technology today. With better tools, comes a better understanding of the resultant information and patterns, all of which are evolving extremely fast. To answer various business questions, data is subjected to rigorous modeling and insight extraction.

The first batch of PGCP BI-DA that successfully graduated with us learned data manipulation by IBM Cognos, tools like R, MySQL, and VBA. There’s a notion that Data Analysis is mostly quantitative which is just a myth around it. In Fact, most of the decision making requires skills like visualizing and critical thinking. That is why they studied courses like Visual storytelling and Demystifying analytics to name a few.

When asked who need to pursue this course, Mr. Prashant Verma, who teaches Analytics at FIIB replied “Everyone who makes decisions in organizations, whether at a lower level or at the higher level needs to have the understanding of Business Intelligence. We can no longer take decisions based on our gut. Let’s take a day to day example where you look at Google maps before you leave to offices, we make choices of when to start, and which routes to avoid on the basis of inarguable data, that’s how much data has changed our lives.  There’s much more emphasis on using analytics in the way we work as well compared to just a few years ago. Regardless of the profile you work for, you need to be aware of the changes that are happening around you and if you aren’t prepared for them, it’s high time you start now.”

True enough, the first cohort came from versatile profiles ranging from language experts to data entry. FIIB is proud of them and congratulates them heartily for their accomplishment.

Like every end calls for a new beginning, with the graduation of the first batch, we also welcomed the second batch for the Post-Graduate Certification Program in Business Intelligence and Data Analytics. They bring with them experience, enthusiasm, and most importantly desire to learn.

Here are the companies they represent:

Jun
29

Foundation courses at FIIB: Strengthening the Bonds and Inculcating the Cultural Heritage

A step into a new life always arrives with a mix of emotions, especially if is the beginning of a new academic inning. As expected the students arrived on the orientation day with a baggage of feelings. Some were excited while many others were understandably nervous. The New North orientation program was the ace plan to regulate these feelings and make the students feel comfortable and at home.

The orientation day started with registrations of the students and their document verification. The batch seemed very enthusiastic to begin the new phase of their career.  The registration and document verification were scheduled from the morning till the mid of the day. The interactive sessions commenced at 12:30 on 8th June 2018, which began with the traditional lamp lighting and Saraswati Vandana. The Students were addressed by Dr. Digamber Parsad, who is his speech emphasized the importance of ethics and dedication during these two years for students.

On the day two of the orientation program, the students were asked to informally introduce themselves. This was a crucial step to make the students comfortable after a month of frequent group discussions and formal interviews. It also led us to know many exciting sides of our students through the extracurricular talents they possess. It was very refreshing to know that a huge bunch of them are either fitness or sports enthusiasts which clearly displays the discipline they have invoked in their lifestyles. Apart from this, the students very creatively displayed their dancing, singing, beatboxing and mimicking talents.

The cultural club at FIIB has also got the students keenly and enthusiastically involved in many activities which make them realize the power of teamwork and design thinking. Students were asked to construct paper towers, irrespective of their shapes and sizes and the team whose tower stood the tallest won the game. The learning that a strong foundation is required to reach new heights was the one thing that mattered more than the result.

There are numerous ongoing foundation activities which are ongoing. Mr. Vinayak Pant, a beloved alumnus of FIIB and Advisor, South Asia Regional and Training Assistance Center, IMF visited the students to share his experience and words of wisdom with them.  The students are also in regular conversations and session with their faculty mentors, anyone to one conversation with them will bring better clarity of thoughts to the youngsters.   

There are several visits from industry experts planned for the newbies so as bring a bulk of corporate experience to their classrooms. The students are enjoying their experience with the co-curricular and extracurricular activities. A level unlocked for the institute, by making the students feel welcome and at ease.  A journey of miles stays ahead of us, but as they say ‘Well Begun is Half Done.

Jun
29

Scholars, creators, and thought leaders – Faculty at FIIB are superheroes without capes

Scholars, creators, and thought leaders – Faculty at FIIB are superheroes without capes

“A teacher ignites the fire that fuels a student’s thirst for knowledge, curiosity, and wisdom” – Anonymous

An educational institution is shaped by its faculty, and since it is the faculty who plays the pivotal role in mentoring and guiding students to become leaders of tomorrow, FIIB is proud to be home to adept academicians whom the students always look up to. Every faculty member fulfills multiple responsibilities in paving a successful career path for their students.

Their job doesn’t end there, as critical thinkers, they take up research to solve the complex management challenges that arise globally; they contribute to the training of industry leaders and other faculties through Management Development Programs and Faculty Development Programs; They challenge students in and outside the classroom; They are learners as well, they continuously commit towards fostering knowledge and turning it into applicable concepts of real world.

Their decades of industrial and academic experience helps students understand the real-life complexities and learn through the knowledge their faculty acquired through the lifetime. That is why, once the students enter FIIB, their faculty become their lifelong mentors. Among our faculty are renowned researchers, published authors, and award-winning innovators and research scholars.

“The most important thing for faculty is to put learning first, despite whatever. That means turning every experience of students into something through which they learn the concepts of Business, management, and life. It’s important that they are prepared for the testing times that corporate life throws at them. They spend the most of their time at college with us, that puts a huge responsibility on our shoulders to mold them into success-ready individuals. Of course, it’s not easy but knowing that these people who are listening carefully to each and every word that we speak in the classroom have the potential to become the game changers of the marketplace and economy keeps us on our toes to keep ourselves updated and make learning impactful” said Dr. Nimit Gupta, Best Faculty at FIIB 2018  who is also awarded for “Outstanding Contribution to Nation” by National Excellence Award for Innovative Teaching 2017.

Dr. Anil Kumar Sinha, Director at FIIB  said, “Our faculty is multifaceted and practice what they teach. Their numerous awards, research papers, and publications stand true to the fact that learning doesn’t stop and with every new batch, you unlearn and relearn along with the students. Our faculty members are a mix of both experienced and young scholars who maintain a balance between traditional and conventional teaching methodologies”

Here’s a glimpse at our Faculty Showcase:

Collective Industry Experience of Faculty : 122 years
Collective Academic Experience of Faculty: 171 years
%age of Faculty with Ph.D: 71%
%age of Faculty with more than 10 years of industry experience: 36%

Jun
05

Making the FIIB MBA Market Driven

FIIB Unveils its Redesigned MBA for Preparing Data Savvy Managers

Management education has seen its fair share of transformations over the years. If significantly surveyed, we can break up these transformations into stages which run hand in hand with the various technological advancements in different eras. While, the aspirants of business management are out looking to fast track their careers all the way to the top, corporates are in search of career ready individuals who are set to drive their business on a progressive trajectory. The global business atmosphere is in dire need of
the professionals who have premonitive market skills and superior understanding of the future requirements.

World-over top B-Schools are recognising these changes in trend and taking strides in the right direction for developing data savvy managers. However, in India, the response from the B-schools has been slower and piecemeal. Most schools have responded to the rapidly changing needs of the industry through the introduction of specific elective courses in the curriculum. Only a handful have made large scale changes that will eventually lead to thriving careers for students in the wake of the digital disruptions that are changing the 21 st century workplaces.

FIIB is one such B-School. Committed to producing business leaders that can meet the world-scale challenges of the 21st century, FIIB, is reinventing its MBA curriculum with the demand of time and being in sync with the future progress. FIIB, as of late finished up a comprehensive exercise to investigate the amendment of its courses. A conference of industry experts was conducted at FIIB so as to receive valuable inputs from the recruiters about the challenges in the current industry and the demand of tomorrow. This round table conference at FIIB was attended by of experts from dotConverse Social Media & Online Marketing, Genpact Dassault Systemes, Supply Chain Consultants, Axience, Ericsson, DTDC, Quatrro Global Services, InnerWave, andFractal Analytics.

In the words of our Executive Director, Ms. Radhika Srivastava at the opening session for the curriculum deiberations, “Businesses are questioning the relevance of MBA education and hence its graduates given the digital disruptions that are taking place currently. Data is surging through organizations presenting seismic opportunities and challenges for growth. These changes require a completely different skill set irrespective what functional area, sector or administrative role that one is involved in. While working together and communicating effectively are still the most important employability skills, there is a strong demand for students’ abilities to turn data into insights, and hence enable evidence-based decision making. This calls for a highly evolved sense of thinking and problem solving, exposure and comfort in use of relevant IT tools to analyze big data sets, as well as a multi- disciplinary approach. As businesses reshape, so must the B-Schools.”

The Deliberations
The discussion with the industry experts guided us to the conclusion that the data analysis is the demand of the time and is thoroughly applicable in all the specialisations. Analytical reasoning and sound technical knowledge of data manipulation has made its way through every business, small or large and holds the key to be successful leader- manager. The globalised world has relatively become smaller through the means of advanced communication, which has resulted in a humongous amount of data generation. This data is uniquely relevant in every organisation and the information generated on its analysis holds the key to: predict customer trends and behaviours; increase business productivity, and drive effective decision-making.

The discussion panel unequivocally emphasised on the pertinence of integrating Business Intelligence and Data Analytics into the full time program for every specialization. The highly statistical analogy from the industry experts and the discussion with the core academic committee of FIIB shaped the implementation to follow up in three steps: Firstly, bring data driven thinking and exercise which uses insights from data processing in each domain’s course; Secondly, integrate specific tools in maximum possible courses; and lastly, offer cutting-edge, innovative specialization courses that are developed and taught by practitioners.

The Outcomes
We are all set to start a new academic year with our 24th batch and are ready to deliver our new core curriculum to these 180 students. In the new core, FIIB has introduced seven new courses with each of them adding structural and practical values to classroom courses in
every specialisation.
Demystifying Analytics, Visual Storytelling, IT Tools for Managers, Big Data Ecosystem, Predictive Analytics are some of the new courses that the students will be taking this year. Each of these courses have been developed under the guidance of some of our highly valued recruiting partners and experiences visiting faculty. These include practitioners from companies such as Mobiquest, Oaknorth Global Pvt. Ltd, Girnar Software, Moolchand Hospital, Kelly Services, Bharti Airtel Ltd, S&P Global, Amriprise Financial and Universal Data Solutions.
FIIB has been always quick on realising the essentials which benefits the career of its students, and this set of discussions confirmed that we have been on the right track since quite some time. Introduction of Business Analytics as a part time program was one of the first steps in this direction, and now with the collaboration with IBM for certification in Business Intelligence and Data Analytics since 2016, FIIB has converted its baby steps into leaps against all bounds. Executives from various reputed organisations such as Moody’s Analytics and WNS are already pursuing our part time program at FIIB. FIIB has also received “Best Academic Input in Business Analytics” at 25th B-School Affair & Dewang Mehta National Education Awards in November 2017.

FIIB has embarked on a journey with an arsenal full of career options to create enhanced employability for its students with exponential outcomes. Through our new analytical, data-driven approach to all coursework, the faculty bench strength, business success of our alumni and ambition of our students, we are confident that our programs will not just keep pace with the changing needs of business, but anticipate and contribute to that change through innovative research and education. As Ms. Srivastava explains this further “At FIIB, we are reinventing ourselves through a complete curriculum redesign with a focus on preparing students for the challenges of the current world-of-work. Skills are easy to impart, and therefore in many ways an education that just focuses on skilling has become a commodity. What’s more important is the focus on developing the right mindset. A mindset that is entrepreneurial in nature; We are focusing on designing learning experiences for students, as exposed to strict courses. We’re looking at collaborating both internally across our faculty and externally with the industry to deliver an education that makes the students employable and ensures that they drive growth in their careers as well as the organizations they are engaged in. We are not just trying to make incremental changes; we are working to disrupt business education such that it is relevant to the needs of business and society.

Jun
05

Worlds apart or similar at heart? – Helping students work across cross-cultural teams

With the advent of globalization, borders across management have vanished deepening the richness of understanding about the global foundation of business. In this entirely new equation, learning from experiences is as important as learning from traditional resources. As a Business school with a mission to advance the practice of management and produce leader-managers of business and social relevance, FIIB organizes the annual acculturation program with Sam M. Walton College of Business at the University of Arkansas, USA to enhance intercultural understanding and cross-cultural sensitivity. While interacting with to-be-managers from a different culture, students develop greater competence to work with businesses of global impact, with clearer insights into the global complexity of the managers, enterprises, and markets.

A group of 27 students of Sam M Walton college of Business visited the FIIB campus on the 19th of May 2018 for three days to work with 18 students of FIIB; to learn various facets of each other’s culture and how they affect the way people do business. Students from both institutions were preparing for months in advance to portray their culture to each other. Describing the enthusiasm of the students, Prof. Vidya Iyer, FIIB who was in charge of the program said “They are overjoyed planning the interaction with Sam Walton, these students have undergone a rigorous selection process to be the ambassadors of Indian culture and the energy radiating from them is palpable”

 

Day 1 – “Create your own learning day”

The day started with students of FIIB welcoming the students of Sam Walton with tika and maala reflecting how Indians receive their guests. Echoing the sounds of happiness, the campus seemed vibrant with students from both institutes meeting and mingling with each other. The students were divided into teams with a mix of FIIB and Walton students. The teams have already planned to explore Delhi from a multifaceted framework of political, socio-economic, and cultural interactions. Some of the most popular destinations picked out by them are: Sarojini Nagar & Palika Markets; Gurudwara Bangla Sahib; Jantar Mantar; National Museum; Lotus temple; Khadi India

Visiting these places provided practical insights on how culture has a direct affect on business and management. In the evening, they came back to the campus to present what they’ve learnt during the day. “This exercises did not just give us an opportunity to take our American friends around the city but also have some beautiful and interesting discussions on topics ranging from politics to food, leisure to school, transportation to family”, said Ankita Joshi, student from FIIB.

 

Day 2 – “The Amazing race”

The teams had to reach pre-decided places on time, finish challenges given and send a picture in the group, so that the judges can ensure the completion of the task. The team that completed the entire visit and reach the end destination first was to be declared the winner.

“I interacted a lot with my team members to find out what are the things that are similar in US and India. We exchanged our views on Religion, lifestyle, punctuality, education, eating habits, mythology, and language.Although we thought we would be completely opposite from each other, we found it isn’t so” said Camielle, student from Sam M. Walton College of business.

This race tested the interpersonal skills and the ability of students to communicate without confusion. The aim of this race was to inculcate cross cultural communication and team dynamics to achieve a common goal while working in a diverse environment. Most of all, it was about learning and enjoying together despite and differences one may find.

 

Day 3 – “A glimpse into the Indian way of Business” 

After a quick breakfast, the students of Sam M. Walton College of Business went to a visit to the one of the largest milk processing plants in Asia. The business graduates got to know a lot about how the plant functions from the moment of procuring milk till it reaches the outlets & retail shop for sales. The most satisfying thing about the milk which the company provides is that it is never touched with hands while processing it. The quality measures are very strong and that’s the reason it has been awarded continuously for its Excellence.

The students were shown the fully automated control room, milk processing area, storage tanks & were also briefed about the entire supply chain model of the company. After the students had a first-hand exposure of the various processes, they were served with yogurt, probiotic drink and ice-creams. Knowledge and fun were the ingredients of the day! The students were highly inquisitive during the entire visit. The quench of thirst of students were well taken care of, both for knowledge as well as milk.

 

Other Interactions

Among other sessions, FIIB arranged for two interesting sessions with external guests. In the first session, Guru Jyotsna Shourie along with her disciples Ms. Nandita Kalaan and Ms. Amrita Sivakumar enthralled the audience with their repertoire of various facets of Bharatanatyam. To the visiting American students from Walton college, they made Indian classical dance seem so real and effortless.They revealed that the most important lessons of business can be learned even on the dance floor; partnership, variation, clear communication, adaptability, building an audience and persistent to name a few.

The other speaker was Ms. Radhika Chopra, Founder of No. 3 Clive Road, a luxury Tea brand that disrupted the $12 billion Indian tea industry spoke at FIIB about starting up in India. With an all women team and working in an industry that employs close to 3.5 million people (mostly women), she spoke about the challenges of building a niche brand that not just helps brew tea but stories as well. No. 3 Clive road with its exquisite hand blended teas and premium letter-pressed stationery throws some light on how differentiation can bring value to a brand. When asked by the students if the colonial name has ever been misunderstood she said, “This is about an Indian company reclaiming back its history.” Her outlook on business and branding provided much needed insights to young entrepreneurs looking out to start up.

Each day was full of discoveries and new experiences to the students. Prof. Vikas Anand from Sam M Walton who has been associated with FIIB since the last 13 years said, “Despite coming from two opposite parts of the world, the students realized that they aren’t that different at all. In the end all that matters is the similarities we find while working together”

In the words of Ms. Radhika Shrivastava, FIIB’s Executive Director, “This is the 10th year anniversary of this program.  The long standing success of the program is a testament to the fruitful partnership and a flourishing friendship we have with the Walton College.”

This program broadened the horizons for FIIB students to understand the complexities of working with culturally diverse teams only for them to find out that people who seem worlds apart could be actually similar at heart.

Jun
05

FIIB Rides The Winds of Change — Converting Internships Into Full Time Jobs

A changing corporate world, a changing economic scenario, where Indian consumers are shifting towards a spending economy to saving economy, As a Business school with a promise to challenging the students to achieve their potential, is FIIB keeping up with the pace of ever altering Business world?

Ms. Radhika Shrivastava, Executive Director and member of the Corporate Internship Program Committee, FIIB says yes, explaining how the learning at FIIB is  “Contemporary and Market Driven.” FIIB has always emphasized on its ground breaking experiential learning opportunities that sets its students apart. Through this 3 month internship, students get a taste of solving relevant business problems firsthand.

Doesn’t every student who pursues management, take up internships, then what makes the Corporate Internship Program(CIP)  at FIIB different? Are the students able to correlate classroom concepts with complexities of corporate cubicles? By the end of the internship, did the student evolve into a manager? To answer these questions, the CIP committee at FIIB was formed. With changing times, it becomes increasingly essential that every experience the student has should directly coincide with the career path he/she wants to explore. This year, the CIP committee evaluated the effectiveness of the program and revamped some aspects of it.

 

From CIP to PPO:

Business organizations are looking for pragmatic managers, game changers, and out of box thinkers. Internships help the organizations test the hard and soft skills of a student to see if they’re a right fit to the organization. Therefore, this is an excellent opportunity for students to earn that pre-placement offer by displaying their grit and business acumen. To prepare the students on what is expected from them at internships, and how can they strategically play their strengths to make the most of their internships, FIIB conducted a 3 day SANKALP (an acronym for Skills and Knowledge Align to Lead and Perform) training workshops during which all the queries regarding their internship were solved.

 

Faculty Mentors:

Every student was assigned to a Faculty mentor who guides them through the internship. The mentor has regular interactions with their mentees to check progress, suggest improvements, and help them overcome any setbacks. During their internship, the faculty also visits them twice in the organization to help them walk through the corporate journey without difficulties.

 

Corporate Mentors:

Strong partnerships with corporate is one among the many advantages FIIB is proud of. “We wrote to our corporate partners that When the students step out to work, each of them should be assigned to a corporate mentor who will be their go-to-person if they’re facing difficulties. Our students are sauve and are polished to grasp the real world challenges. They are problem solvers and hands on managers. We believe that they’ll add value to the organization and in turn learn from them Therefore we asked their corporate mentors to ensure the student understands his/her profile and does their work efficiently so that when they come back to campus, they have a whole new perception of  corporate issues”, says Ms.Radhika Shrivastava.

 

Outcome orientation:

CIP is about learning through action. Students who are selected for different roles work with the organization learning their responsibilities, and how to handle multiple business scenarios. After the successful completion of the internship, students need to submit a report on their finding and learnings. When the learning is outcome oriented, why shouldn’t the report be? So, instead of mentioning reviews of literature and presenting research work, the report is a summary of quantitative aspects such as the responsibilities they’ve handled, the challenges they’ve faced, and the solutions they’ve implemented. This way, the focus stays on application of concepts, not just learning them.

 

CIP 2018 at a glimpse:

Close to 70 companies like ITC, IDBI Federal, Pepsico, Amul, Hindustan times, Reliance jio, DishTV , Shopclues, and OYO rooms selected students for different roles ranging from Business development, HR management, account management, and operations.

Some of the interesting  projects the students are working currently on are:

  • Strategies For Evangelizing The Customers Of ICICI Securities Of Mutual Fund Scheme
  • A Comparative Study Of Recruitment Channels For MATRIX Cellular Services.
  • A Study Of Warehouse Management With Special Focus On Warehouse Relocation Process At Genex Logistics  

These recent changes in the program reinstates the flexible and active learning opportunities at FIIB. “It’s necessary to adapt, or when needed, maybe subtly shift our focus. The question is not merely how and what experiences they are exposed to, but how effectively they can shape up the student’s career”, says Ms. Radhika Shrivastava, Executive Director, FIIB when asked about the recent tweaks in the program. Well, with an institute keenly toiling to be the launch pad, the future of these students is bound to be catapulted for success. What are your thoughts?

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