Become industry ready with LIBA courses

How has MBA education changed in the last few years? What are the new courses being offered at LIBA? What is unique about these offerings? How are students being made industry ready through these programmes? Read on to find out more.

LIBA is a Jesuit Business school. It is driven by Ignatian values of Magis (Excellence), Cura Personalis (Care of the individual), and Ad Maiorem Dei Gloriam (For the Greater Glory of God). We form leaders who excel in the fields they choose to lead. That excellence is guided by values and ethics. The ways we teach and the ways our students learn, we make every effort to ensure they are relevant, innovative and dynamic. The approach we take is that any learning is the formation of character that leads to building competencies. We make every effort to train our students who can discern, collaborate and network in what they do and in what they are. We instill the capacity to discern to become aware of inner motivations and movements while they make decisions and skill to collaborate and network with others to excel with ethics in what they do.

A student once formed in a B school must be able to make a difference in the lives of people and wherever he or she works, as one of the Ignatian values insists, we want our graduates to become men and women for others. 

 1. How has MBA education changed in the last few years?

Analytics is a key change that has happened and it has restructured the ways courses are taught and the ways students learn. Managerial skills lie in the ability that someone has to manage the huge volume of data available and predict performance of an organisation. Secondly, increasingly the use of technology especially introduction of Artificial Intelligence (AI) in businesses has thrown up a challenge to how managing human resources needs to reconsidered in future. 

2. What are the new courses being offered at LIBA?

• One year Diploma in Business Analytics in collaboration with TCS

Business Analytics being an area of great relevance and potential, LIBA-Loyola Institute of Business Administration has started this course in collaboration with Tata Consultancy Services Ltd. The focus is on content preparation and designing the curriculum to suit the needs of the industry and make it best in class. 

The present job market poses numerous challenges and we need to develop new skills, capabilities and techniques to exploit the opportunities and challenges of today. In context with the 4^th Industrial Revolution LIBA strives to face challenges and use the opportunities to empower its students.

• One year Executive Diploma Program in Insurance in collaboration with Insurance Institute of India.

LIBA has a strategic partnership with The Insurance Institute of India (III) and has introduced a first-of-its kind Insurance Management programme.

With an aim to produce industry-ready professionals, the programme is spearheaded by senior leaders from insurance industry, providing students a real time learning experience. The burgeoning Indian insurance industry has paved the way for new career opportunities with niche skill sets. The Insurance Management course from LIBA is an Executive Diploma Programme that will look to groom Insurance professionals to take on the challenges of growth in the complex Indian market. The programme includes professors from LIBA, experts from the Insurance Institute and professionals from the industry as teachers.

Pioneering innovations in education has been the key motto of LIBA. Over the years we have introduced various advanced academic programmes by tapping into high calibre industries which offer students the right environment to thrive. The association with The Insurance Institute of India is yet another significant initiative from LIBA, which will contribute to the growth of Insurance segment in India.

The one year programme will be held during weekends to help working professionals. On the successful completion of the first trimester term with minimum 50 percent marks in each subject, students can register as a Member with The Insurance Institute of India portal and apply for a ‘Licentiate’ Certificate issued by the Institute.

• Joint MBA program with Binary University, Malaysia for those who have completed one-year diploma programs at LIBA

The LIBA - Binary Partnership provides a unique opportunity for LIBA graduates to complete the internationally recognized Binary MBA at an affordable cost and opens career opportunities globally. LIBA graduates who have completed the Executive Diploma in HRM, Marketing, Finance, etc. streams will enjoy 18 credits exemptions from the Binary MBA and will complete 3 modules at LIBA, taught by LIBA and Binary Faculty and the final module plus thesis by Binary faculty at Binary University.

• One year executive diploma program in Automotive Management focusing on Quality in collaboration with Renault-Nissan Technology Business Centre

This programme is offered to working professional of auto components manufacturing and suppliers to OEM’s (Original Equipment Manufacturers). The focus of the programme is to inculcate an international quality mindset and culture for automobile competent suppliers.

It is an eight week certificate programme conducted only on weekends and benefits the organisation and individuals as the participant’s proficiency in quality management systems is enhanced.

3. What is unique about these offerings?

These courses are hardly available in most of the institutions and B-Schools in India. LIBA is one of the very few institutes offering such courses at National Level. In addition, this responds to the signs of the times in the corporate world.

4. How are students being made industry ready through these programmes?

LIBA has a strong connect with Industry. The courses we have introduced involve industry experts in the design of curriculum and in teaching. The conventional gap between theory and practice is closed by exposing students in these courses to reality of these industries. This is almost training the future employees of the companies. Once they complete the courses they could start the jobs without any inhibition.

About the Author:

Fr. Joe Arun, SJ is the director of Loyola Institute of Business Administration.