Entrepreneurship

Global Institute of Business Studies (GIBS) is dedicated to teaching students through experience and hands-on learning as opposed to only classroom settings. This is done through academic programs combined with practice, developing "employment" skills, and encouraging the creation of new businesses.

• GIBS has developed a unique educational philosophy based on:
      Learning by Experience which consists of:
     
•  live projects;
       
•   internships;
         
• case studies;
     
• Focus on Practical "Work-Related" Skills such as developing leaders;
      Improving communication skills; and;
      Preparing students for success in the Corporate World.
• The IRE (Innovation, Research and Entrepreneurship) programme is one of many flagship programs at GIBS that work toward creating entrepreneurs and innovators.

Some of the key elements of the IRE programme are:

An IRE School created specifically for the PGDM student that operates each Friday. The IRE School focuses on entrepreneurship, research and innovation through workshops, activities, and interaction with industry experts and entrepreneurs.
The implementation of the IRE process involves creating ideas for new companies, conducting research, preparing business plans, developing a prototype or model of what the company will look like, and developing presentations to pitch those ideas to potential investors. Throughout this process, students will have the benefit of interacting with industry experts and entrepreneurs.

Hands-On Experience for Students through:
 

•  Participation in IRE Conferences;
   
•  Participation in Startup Showcase Events;
•     Participation in Innovation Competitions;
•     Network of Entrepreneurs and Investors.

Students at GIBS School of Business can find a solid number of opportunities to study and practice entrepreneurship through experiential and hands-on courses and projects.

Opportunities for Entrepreneurship

• Innovation, Research & Entrepreneurship School (IRE School)
  The IRE School offers a unique curriculum for students interested in learning more about generating startup ideas, business planning and developing their own innovation, through workshops and practicum.
• Post Graduate Program of Innovation, Research & Entrepreneurship (PGPIRE)
  The PGPIRE Program focuses on helping students develop an entrepreneurial mindset by working on developing new business ideas and getting them to prototypes.
• Innovation and Entrepreneurship Labs
  Students have the opportunity to work with faculty and alumni on developing real startup and business models.
• Live Business Activity on Campus (Campuz Biz)
  Students get to run and operate an actual business on campus, where they will handle pricing, customers, sales, and profits.
• IRE Talks and Guest Speakers
  Students may meet and interact with other entrepreneurs and industry experts to receive advice, inspiration and make contacts/networking.
• IRE Conference and Competitions
  Events held where students can pitch their business ideas to a panel of judges for awards and exposure to companies and investors.
• Incubation and Innovation Support through IRE
  We assist students make the transition from an idea to a prototype to a startup through Innovation Cells and mentoring. 

The GIBS Business School has a structured ecosystem in place to support students interested in entrepreneurship (i.e. innovation, mentoring, and practical experience with a startup). The programme is called the Innovation, Research and Entrepreneurship Program (IRE) and involves studentsʼ working with faculty and industry mentors on their entrepreneurial business ideas/research projects/startup ideas.

Students in IRE have the ability to attend workshops on entrepreneurship, attend mentorship sessions for startups, participate in business plan competitions, and network with successful entrepreneurs & investors (i.e. GIBS creates an environment to help students connect with other entrepreneurs and learn from them).

In addition, GIBS encourages students to participate in live projects, internships at startups, and incubation-style activities so they can test their ideas.

By supporting aspiring entrepreneurs in this manner, GIBS helps students develop problem-solving skills, leadership skills, and gain experience launching and managing a business before they even graduate.