College Review: Indus Business Academy (IBA)

IBA also encourages student activities and for that it has a yoga meditation cultural center (YMCC), industry interaction club, Santripti- the mess committee and Udghosh- the newsletter committee.  

Infrastructure

IBA has non-AC, auditorium style classrooms with all the modern teaching and presentation aids. The institution has different categories of classrooms to meet different teaching requirements such as a state of the art, fully equipped auditorium with a capacity of seating 300 people and two auditoriums which can seat 100 people.  Apart from that, there are 13 classrooms with different seating arrangements like seminar style, classroom & board room style.

The college campus also has an open air amphitheater, gym, mini stadium and grocery store. IBA also provides students with wifi facility; the internet speed offered is 10 mbps. The institute has also appointed three doctors who visit IBA on a daily basis, to treat students if necessary.

IBA provides residential facilities for boys and girls with round-the-clock security. Considering the comfort and needs of students, the campus has various options for residents like double rooms, triple rooms, and single rooms with attached as well as common bathrooms. Functionally furnished, each room has a bed, study desk with chair and a built-in wardrobe. The campus also has a laundry service for students and a general store for daily utilities.

This B-school’s library subscribes to over 60 international journals such as Harvard Business Review, Sloan Management Review, etc. and 110 national leading management journals. IBA Library has over 12,500 books, 8000 titles, 700 A/v, 5000+ E- Journals, 23000+ E-Dissertation, over 80 international & national magazines and 13 newspaper. IBA’s library also has a vast collection of case studies selected from leading journals and research papers. Faculty and students can access the online journals – current as well as retrospective – through the electronic database. IBA has institutional memberships with premier libraries such as The British Council Library and NICMAN – Indian Institute of Management, Ahmedabad.

Faculty

The USP of IBA is its faculty. Students confide that inside the classrooms their professors are very strict, however, as soon as they move outside the classroom they are more of friends. Faculty members at this college are from a diverse background and bring to class their rich experience as policy makers, researchers, theoreticians and consultants. IBA’s faculty members are very active and regular participants in international and national conferences, MDPs, consultancy as well as in research and publications.

As per students, Prof. Chandra Kant who teaches management skills and information technology is the best faculty member on campus. However, Prof Ramesh with 30 year of experience in industry and academics is the most popular faculty member.

Teaching Techniques

Classes at IBA are either interaction based or presentation based. However, the institute lacks adequate corporate interaction. The syllabus is distributed over trimesters and so students are generally under a lot of pressure regarding tests and exams which are conducted simultaneously.

Handouts and notes for studying are given by professors and if some specific topic requires additional reference then students are recommended to read that chapter/topic from the library.

Placements

Students at IBA are known to get placed at the very best companies in the industry. In 2013, 23% students got placed at the BFSI sector whereas 20% got placed at ITES. Rest of the sector where students were placed includes- media (13%), market research (5%), IT (8%), manufacturing (13%) and retail (18%).

In 2013, most of the profiles offered to students at IBA were in the field of finance (23%). Other profiles offered include- business analyst (5%), general management (15%), human resource (8%), market research (19%), operations/supply chain (6%), sales & marketing (15%) and system/IT (9%).

• Average salary offered: Rs.  4.2 lackhs p.a. to Rs. 4.5 lakhs p.a.
• Highest  salary offered: Rs. 15 lakhs

Companies that visited the campus for placement in2013 include Bosch, C W Solutions, Cambridge Tech, Citi Bank, Coke, Colgate Palmolive, Dell, Deloitte, Deutsche Bank, Deutsche Bank Shared Services, HCL Limited, HDFC, Hexaware, Hill & Associates, Hyundai Motors, IBM, ICICI Lombard, ICICI Securities, Indian Express and Indusind Bank. Other corporate who offered placements are Infoedge, NDTV, Nestle, Nike, Oracle, TCS, Wipro, Zee Telefilms, Accenture, Amagi, Bajaj Allianz, Bata India, Blue Star, Blue Dart, Ernst & Young, Ernst & Young,Ernst & Young,Ernst & Young, Frost & Sullivan, GMR, JP Morgan, Kuehne & Nagel, L & T, Lifestyle, Madura Garments, Ranbaxy, Reliance, Reuters, Shaw Wallace, Suzlon Energy, Taj Group, ITC, JCB, Max Hypermarket, Max New York, Metro and Morgan Stanley.

Attendance

IBA has very rigid rules when it comes to campus life. If students are to be believed the attendance criteria is as mentioned below:

• Attendance between 90% - 100% - No loss of marks.
• Attendance between 80% - 90% - Loss of 10% marks as per the norms of the institute.
• Attendance between 70% - 80% - Loss of 15% marks as per the norms of the institute.
• Attendance between 60% - 70% - Loss of 20% marks as per the norms of the institute.
• Attendance below 60% - A student will be declared to have ‘Fail’ the subject

Also, there is no provision for a student to appear late for class. Even if a student is five minutes late, he/she is not allowed to attend the class.

College Crowd & Hangout Places

The dean of this B-school fondly refers to it as ‘Indiapura’ because there are students from every state of the country studying here, and believe it or not this is done on-purpose. So, we can safely say that IBA takes national integration very seriously. IBA is known to house a healthy mix of experienced professionals as well as fresher’s.

Students of this college often like to hang out at the Art of Living ashram which lies right next to the campus. There are many eating outlets near the campus; however, you are sure to find students tickling their taste buds at the Punjabi Dhaabas right next to the college. There is also a CCD (Café Coffee Day) near the college premises.

Canteen

The college mess serves only vegetarian food. So, all you non-vegetarians out there try to find alternate means to sneak in your chicken. Unlike other B-schools, students at IBA are quick to share that the food served at IBA is great and is pretty close to tasting like home cooked meals.

College Fest

Students at IBA are known to host the national management fest, Archish which has approximately 600-700 participants every year. The fest is not funded by the college’s management and every aspect of the event is handled by students; right from finding sponsors to inviting colleges and even penning down PRs for the event.

Verdict

Considered to be among the top 20 B-schools in the country, IBA is a good option as it offers dual specialization course and its faculty is great. One aspect which is commendable about this institute is the volume of companies which visit it for placements. The thing which the college needs to work on is having more corporate interactions as that is a must in a management course.  Overall, IBA is a good option for students interested in management studies.

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