What is unique and different in Jindal Global Business School's offering?
The vision of Jindal Global Business School (JGBS) is to create global leaders by equipping students, managers and professionals with the necessary knowledge, acumen and skills so as to enable them to effectively tackle the challenges faced by transnational businesses.
With business crossing borders, it becomes even more important to understand global best practices. We aim to deliver that through global courses, global curriculum, global research, global collaborations and global interaction through global faculty. In addition to this, we pay attention to a multidisciplinary approach to learning, and also stress experiential learning. Another distinguishing feature is that our university creates a vibrant intellectual environment on campus; hardly a week goes by with some visiting scholar presenting a paper on campus, a joint research conference taking place, some student debate, and so on.
The business environment is changing dramatically. How is JGBS reorienting its B-school education to help students cope with this new and ever changing order?
We maintain close connection with the business world through inviting practitioners to be guest faculty, and inviting business leaders to visit campus and interact with the students. While most business programs require the students to do an internship, in addition, our students do it for course credit and have faculty mentors to ensure they are guided through the internship. Our students can do up to two majors, and take relevant courses offered in other schools (such as a business law course from the law school, or courses on regulation from the school of government and public policy). Our new course approval policy is flexible enough to accommodate changing requirements in the business world, and we also allow students to do guided independent study when they identify a unique area in which they want to learn further.
In your experience as the head of your Institute, how has management education changed? Besides the differences in technology, are there new priorities? Has the approach of both students and professors changed, and how?
The nature of the competitive environment has changed, and this requires students to be aware of the local and the global. This has influenced the kind of course material we use such as having a mix of local and international cases. Global exposure has become a requirement and we encourage the students to take advantage of the opportunities we offer. Moreover, students like to see the immediate relevance and connection between learning and the business world. Hence, activities like live projects, field assignments, and simulation games form an integral part of the programmes.
With our economy doing fairly well, stories of entrepreneurial success abound and the students are enthused with the idea that they too can âmake itâ! The challenge of faculty and administration is to capitalize on this enthusiasm and involve the students. We have regular âOpen Housesâ with the students to tap into this and encourage them to start being entrepreneurial even before they graduate.
What qualities do you look for when accepting students? How much weightage is given to their test marks and how much to their personality, drive and communication skills?
We evaluate our prospective students across five broad areas, namely, personality, communication, analytical skills, self-confidence, and how they see the education benefitting them.
To do this, we use entrance exam scores, past academic record, extra-curricular activities and a personal interview. We take a holistic view in making the admission decision, rather than assigning weights.
What is the gender ratio at your school? Do you think this is a valid question in management education? How would you understand the problem of there not being enough women directors in Indian companies? If the ratio at your school is not equal, what are you doing to address it?
Our present gender distribution is about 70:30, male/female. We do not discriminate in the area of admissions nor do we have affirmative action, and we would certainly like to have more women students apply to help improve the balance. We keep that in mind when we do outreach and visit schools and colleges across the country for this purpose. Gender imbalance is a serious problem in our country and is getting better, although ever so slowly.
Are there other kinds of diversity that you think are necessary?
India is a heterogeneous country and press reports suggest that people from some parts of the country do face discrimination when they travel and work in other parts. We need to sensitize the students to the diverse environment they are going to find in the workplace. We try to admit people from different regions and being a residential programme, provide them with a safe atmosphere that includes zero-tolerance towards discrimination.
Diversity in terms of educational background and the amount & type of work experience also enriches class room learning for it presents different perspectives and helps students learn from their peers.
What's your placement record like? How many of your students prefer joining start-ups and social sector initiatives when compared to those joining large corporates?
JGBS has a 100% placement record year on year for our graduating MBA students
A majority of the students join large corporates like Dabur, ICICI Bank, Axis Bank, Jindal Steel and Power, Sodexo, Havells, Fortis and so on.A smaller number have preferred the excitement of IT-based small firms. About 15% of the students turn entrepreneurs and start their own venture.(This is official response from Mr Prakash Pathak)
Can you provide a profile of your academic faculty? What kinds of backgrounds do you look for in them? Is industry experience mandatory?
Since we are a research-focused institution, we prefer faculty with a doctoral degree from a reputed university. Industry experience is valued as also international exposure. About 40% of our current faculty have graduate degrees from overseas.
Which are your most popular courses? Are you planning to introduce new ones? New areas like data analytics are emerging as hot areas..are you looking at courses in these areas?
Marketing remains a popular area, as also finance and operations. We have introduced courses related to digital marketing and also data analytics, which is drawing a lot of attention among companies. Services are an important sector in our economy and our courses on services marketing and supply chain management are also well received.
What do you think of MOOCs (online learning)? Do you think this makes learning democratic or is this a drain on college resources? Do you have an online learning programme in place?
MOOCs are generating increasing interest around the world, although they remain at the level of providing opportunities for continuous learning rather than leading to credits (currently being experimented) and a degree. It is at present a diversion of resources for an institution and a suitable business model is yet to emerge. There is a great potential for on-line learning in India and we will be considering this area in the future.
At present, we have offered a few courses taught by experts from overseas using the internet and video projection. We will also be offering some unique courses to our students from our overseas collaborative partners through on-line platforms.
Do you think the best Indian students prefer to do an MBA programme abroad? What are you doing to make management education in India globally competitive?
The best among the Indian students generally prefer to join top programs in India that are more affordable and have global reputations. The students who are unable to get into the top Indian b-schools may consider going abroad. Top B-schools in India are well recognised worldwide and hence Indian students cannot justify spending the high fees charged by overseas programs. At JGBS, we provide our students the global exposure through well designed programs and curriculum, faculty who are current with global thought practices, and overseas travel programs. In addition, students who also want a second degree from an overseas institution have that option of studying with one of our collaborating institutions. Such options give the student the international exposure while remaining affordable.