liberal art education

Editorial : Embracing Liberal Education for Lifelong Learning

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In our rapidly changing global economy, with millennials averaging five to seven career changes in a lifetime, one could argue that a Liberal Arts Education may be more valuable than ever before. We are entering a workforce and society where having knowledge in just one field will not suffice. Gaining knowledge in a range of topics not only helps students to be well rounded in their skills, but also in their thinking. Liberal Arts Education provides multiple viewpoints and allows for educational opportunities that cannot be obtained from traditional mode of learning. The essence of Liberal Education is not what you study but the result – gaining the ability to think critically and independently and to write, reason, and communicate clearly – the foundation for all professions. The aim of Liberal Education is to produce people who continue learning after their formal education has ceased. It is to produce people who think and question, and know how to find answers when they need them. A Liberal Education is one that exposes students to a broad range of intellectual approaches and content, and prioritizes critical thinking and problem solving over content acquisition.

At IILM University Liberal Arts Education covers a vast cross section of knowledge – not only can students dominate trivia contests but also be agile enough to thrive in a complex, diverse, and fluid society. Besides major-specific knowledge, we cultivate skills like critical thinking, problem solving, and written communication that transform students into lifelong learners. We back our commitment to students lifelong success by continuously making connections between students’ studies and highly valued real-world skills. IILM promotes the values of excellence in education, free inquiry and expression, social responsibility, ethical behavior, appreciation of differences, and a joy of learning about the world around us. Further it strives to prepare students for a lifetime of personal growth and responsible citizenship in this rapidly changing society by enhancing student’s abilities to reason critically and communicate effectively

E-Cell Leaders Workshop

Campus Life, IILM Graduate School of Management

Two students of PGDM 2018-20 batch, Sagar Khurana and Harshal Dilwali, were nominated as e-cell representatives to participate in E-cell Leaders workshop organized by National Entrepreneurs Network (NEN) in association with Wadhani Foundation on 21st & 22nd September, 2018 at New Delhi Institute of Management (NDIM), Delhi. The workshop aims at understanding functions and objective of e-cell leaders. The workshop was developed as platform to connect entrepreneurial eco system at e-cell leaders’ level. It helped students to understand different activities, structure of e-cell and networking. The trainer emphasized on roles and responsibility of position holders in operations, monitoring and managing of clubs. An online platform on LEARNWISE was introduced to provide backup support to all clubs. In the end, students earned certificate of participation and recognized as NEN student coordinators in North India.

 

Bucket list of Books (5 must read)

General Blog, IILM University

There’s a long weekend ahead and if you wish to do something other than munching on snacks while watching Netflix to get your weekend vibe, here’s something you can do and fall maniacally in love with books.

However, for everyone who just can’t wait for the conclusion and the suspense to unfold like me, I have gone through my inventory and have listed five books after an extensive brainstorming session with myself that will keep you hooked. Reading within this virtual community is fulfilling.

1. 7 HABITS OF HIGHLY EFFECTIVE PEOPLE by Stephen R. Covey

In a management college one thing that you get used to listening in every lecture is “the power of thinking.” The book talks about how human brains work, how to adapt and take advantages of the opportunities that changes create.

Hit or a miss? This one surely is a hit and should be read by every budding manager and also for your overall personal development. If you a person of curiosity, get this now.

 

2. INTO THE WILD by Roger Ebert

When life hits hard one needs a break from the ordinary. This book is about the wilderness and unforgiving harshness of independence. This book talks about the importance of finding peace with your own company. Knowledge of yourself and how

Hit or a miss? Hell yes! This book gives you a reality check. This one is a masterpiece. It’s all about when one breaks through the mould to find themselves.

 

3. RICH DAD POOR DAD by Robert T. Kiyosaki

Are you a finance person? Well, even if you aren’t, this book will clear your facts about assets and liabilities. The author believes that money without financial knowledge is a waste and so this is definitely a book one needs to grab.
Hit or a miss? Please do not miss on this. You, as a budding manager or a person, need to know the basics of saving and need to gain the basic financial knowledge. This all about money, buddy

 

4. TUESDAYS WITH MORRIE by Mitch Albom

This book is the quickest read you will pick up this week. Tusedays with Morrie is one of the most heart touching book. This allows a casual avenue for learning about the dying process: learning that not every ending is a happy ending.
As Morrie once said, “Devote yourself to loving others, devote yourself to your community around you, and devote yourself to creating something that gives you purpose and meaning.”

Hit or a miss? Super like. This book is going to live in your heart forever. I say, BEAUTIFUL FOREVER.

 

5. BONFIRE by Kristen Ritter

The last book recommendation is for the mystery lovers, because why not.

Bonfire is a book that revolves around actions taken in high school taking a toll in life for the students 15-20 years later. This book will keep you hooked, from apparent murder mystery, kidnapping to horror, it’s got everything. It might give you chills. Watch out people.

Hit or a miss? If you like the tension to build up until everything is revealed, please read it today.

 

Author
Bhumika
Student Coordinator
Aawaz – The Writing and Book club

Emotional-Intelligence

Emotional Intelligence: The Critical Leadership Skill

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Jeff Bezos of Amazon is known to be obsessed with getting into the hearts and minds of Amazon customers and his long-term perspective on relationships (and Business strategy) are legendary.Howard Schultz of Starbucks is well known to love the company and its people. Steve Jobs’ biographer attributed some of Jobs’ success in developing creative and popular products to his ability to identify,analyse and control emotions. “Jobs could size people up,understand their inner thoughts,cajole them,intimidate them,target their deepest vulnerabilities and delight them at will.He knew intuitively how to create products that pleased,interfaces that were friendly and marketing messages that were enticing”(Issacson,2011) .This suggests that successful leaders differ from their competitors not in traditional intelligence but just that they understood better how people feel and leveraged this understanding in developing products and culture that appealed more to customers and employees.

The most effective leaders are alike in one crucial way, they all have high degree of Emotional Intelligence.It is not that IQ or technical skills are irrelevant.They do matter as the entry level requirement but decades of research have shown that EI is what makes a successful and a great leader.A study looked at the successes and failures of 11 U.S. presidents and evaluated them on six qualities: communication, organization, political skill, vision,cognitive style, and emotional intelligence. The key quality that differentiated the successful from the unsuccessful was emotional intelligence. International search firm Egon Zehnder International analyzed senior executives and discovered that those who were strongest in emotional intelligence were more likely to succeed than those strongest in either IQ or relevant previous experience. Recent HBR article reported on the strong link between empathetic leaders and financial performance. EI affects how people behave,navigate social complexities and make personal decisions to achieve positive results.Presence of EQ is known to help relieve stress, communicate effectively, empathise with others, overcome challenges and defuse conflict.

What is Emotional Intelligence?

Mayer and Salovey firstly coined the term Emotional Intelligence in 1990 and a decade later Daniel Goleman established its importance in business leadership. The Harvard Business Review defines EI as an individual’s ability to accurately recognize, understand and manage their own emotions as well as that of others. EI is made up of four core skills Self-awareness., self-management,social awareness and relationship management. Self-awareness is the ability to be aware of one’s emotions and manage behavior and tendencies accordingly.Self-Management is the ability to use self-awareness to stay flexible and positively direct one’s behavior.Instead of reacting to every feeling, one waits for the emotion to pass so that one can respond reasonably instead of taking impulsive decisions. Social Awareness is the ability to accurately pick up and understand emotions in others. As a result, one takes people’s emotions into consideration while choosing the right words and actions.Relationship Management is the ability to use self and social awareness to manage interactions successfully.

Why Emotional Intelligence is Indispensable for Leaders?

Emotional Intelligence is a key determinant of effective leadership. High level of EI enables a leader to perceive accurately, understand, and appraise others’ emotions and better respond flexibly to changes in their social environments and build supportive networks (Salovey et al 1999). Leaders high on Emotional Intelligence are successful because

• They are able to comprehend the effect of their feelings and emotions and make sound, objective decisions accordingly.
• They are able to listen to what people are saying without being judgmental.
• They are able to make personal connect with their people.
• They are excellent communicators because they know what messages will connect with others and how to express them.
• They are able to anticipate and respond to others’ sentiments and reactions and develop a strategy to keep them grounded.

A leader lacking in emotional intelligence is not able to effectively gauge the needs, wants and expectations of those they lead. Such leaders react from their emotions without filtering them creating mistrust amongst their staff and seriously jeopardize their working relationship.On the other hand an emotionally savvy and intelligent leader is also able to build stronger teams by strategically utilizing the emotional diversity of their team members leading to high performance and workplace satisfaction.

Conclusion – Emotional intelligence is the foundation for a host of critical skills, is the single biggest predictor of performance in the workplace and the strongest driver of leadership and personal excellence. World economic forum has also listed it as one of the top skills required in 2020.In future with the advent of Artificial intelligence a lot of jobs are going to disappear, but the thing that we will always have that is more important is emotional intelligence.

MBA admission in Delhi

How To Effectively Leverage Your MBA Alumni Network

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The beauty of completing an MBA degree lies not just in the prestige of being a management graduate but also in the connections you make in your time at the institute. The famed alumni network is always positioned as one of the biggest benefits of doing an MBA; connecting with like-minded, ambitious souls from diverse backgrounds can teach you more than a standard classroom experience.

Your peers add value to your life on the personal as well as professional front. From grappling to get an MBA admission in Delhi to graduating with each other, time spent together improves your personality and equips you with skills you didn’t realize you needed. This same of a network of people becomes an invaluable asset later on in life. Leveraging your alumni network is a sure-shot way of building and solidifying relationships that open up opportunities for you. Here’s how you can make the most of your network and extract priceless benefits:

Stay updated on the latest developments:

Do not forget to sign up for the alumni newsletter. Keep in sync with the latest developments about the rest of alumni and their careers, especially those who are stepping out or working in industries and causes that interest you. Be sure to attend any alumni events and connect with former classmates to build new relationships.

Stay connected on social media platforms:

The power of social media cannot be discounted here. Use professional platforms such as LinkedIn to stay in touch with your alumni network. Twitter and Facebook are also platforms you can use to leverage and build your network. Another benefit of these social platforms is the potential to connect with the individual on a more personal level. You can also use these platforms to speak with them about topics or questions you may need assistance with. Best part? Since you are a part of the same Delhi management institute alumni network, they’ll be more than happy to help you out!

Build sturdy bridges:

One of the key reasons why there is so much stress on maintaining relationships is that they sometimes become the bridge to the right person. If you are looking to turn to entrepreneurship, your alumni network can be helpful in connecting you to the right investors or customers. If you’re looking for a job switch or a business prospect, you can rely on your peers to connect you to the right people.

Whether considering a better job opportunity or a potential investment matter, your alumni peers form a goldmine of opportunities that when utilized well, can open doors to unbound success. Connect with the right people and stay in touch to fully realize the power of being an MBA graduate.

Reasons To Start Your Own Business With A BBA Course

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So, you have the perfect idea for your first business venture. Perhaps you have come up with an innovation or a disruptive business model, and now feel that this is the right time to step into the entrepreneurial world. But this is the moment where we tell you to take a moment and consider something that will have a great bearing on your future business plans: a BBA in Entrepreneurship course from one of the best undergraduate colleges in Delhi – IILM UBS.

Why? Like in every profession, there is a certain skillset that you must possess to tackle entrepreneurship head on and carve a niche for yourself. This is exactly what a degree in BBA arms you with as you work on your business simultaneously. Let’s take a detailed and convincing look at the reasons to start your own business with a parallel BBA in Entrepreneurship course:

Academic and Industry Knowledge:

Having knowledge of various subjects in business, finance and management will strengthen your expertise in entrepreneurship by building a strong theoretical foundation. The BBA in Entrepreneurship curriculum is designed to provide students modern subject knowledge along with practical know-how on the industry practices, case studies, and global scenarios. Such education will enable you to better understand your business and implement your learning in real life.

Exclusive Mentorship:

IILM UBS is one of the only few business schools in Delhi that ensures that every student gets a personal mentor who will guide them throughout the course and help them build upon their business plan. If you already have a business venture, you can set up meetings with your mentor to discuss and iron out problems and issues. Such an intimate interaction gives you and your new business a rare advantage.

Development of Communication Skills:

In today’s extremely competitive world of business, entrepreneurs are expected to be not only experts in their industry but also highly polished, fluent and confident. A course in BBA will help you build your personality from the ground up, and allow you to learn how to communicate and discuss your ideas, proposals, solutions, etc. in a charming, confident manner.

Building of a Robust Business Acumen via Experiential Learning:

In a BBA course, you get unbridled exposure to real-world learning, challenges, work experience, and projects. From internships at top corporates to seminars with business leaders, it is the experiential learning that will help you scale up your business and explore new possibilities. Then, there are the global study programs that provide a budding entrepreneur with international experiences that help in developing key competencies required in the field. All these experiences help cultivate the entrepreneur in you as you simultaneously work to make your business a success.

Apart from the above-mentioned advantages, successfully completing a BBA course along with your business venture provides you with brilliant networking opportunities. If you so choose to, you can later on pursue an MBA to take your entrepreneurial wisdom to another level.

Is MBA a Good Career Choice for an Engineer?

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If you are an engineer who has freshly earned his or her degree, or a seasoned individual working a white collar job in a multi-national, there comes a time when you are faced with the question of ‘what next’. For many, engineering is a means to an end or a truly uninhibited passion. Yet, many of us aspire to go one step further – than step often being management. But, is MBA a great career choice for an engineer?

As top management colleges in India such as IILM eagerly await the next set of applications for their MBA course, it is time for you to decide whether you want to pursue this option. If getting into the family business, becoming an entrepreneur, or landing a top management job at an MNC is what you eventually plan to do, then an MBA is definitely the right option. And we are quite optimistic that after reading this article, you will have already made your decision…in favor of MBA after engineering. Here’s why:

You learn about the finer nuances of business:

Coming from an engineering background, you must already be aware of the technical and operational side of a business. But, in the long run, a business is all about expansion, productivity and profit – domains in which MBA graduates excel. An MBA program develops strong strategic, analytical and financial aptitude in candidates, setting them up to lead organizations one day.  Moreover, if you have a business idea, an innovation you want to market, or simply expand your family business, knowledge of management principles and subjects is critical.

MBA Course

You get exposure like never before:

An MBA degree is highly dynamic and fast-paced. You will be constantly involved in projects, discussions, and debates which will challenge your problem-solving acumen, and impart to you the necessary leadership skills to rise to the top. Most importantly, you will get unprecedented practical experience in an MBA course – via internships, workshops, international study programs, corporate training and interning, etc. An MBA program will thrust you into the real-life business world, and provide you with opportunities to enhance your skillset.

You develop an entrepreneurial aptitude:

An MBA course also opens up avenues for you to become an entrepreneur. Many MBA colleges have tailor-made courses on this subject which allow students to develop and perfect their ground-breaking ideas and innovations into profitable business models. As an engineer, you might have always dreamt of solving the world’s problems and disrupting industries with better services and product. Doing an MBA is how you can devise a blueprint for accomplishing this dream.

You benefit from extensive personality development:

In business, it’s all about the personality, ethics, and manners. Making the right first impression is half the battle won. In an MBA program, one learns etiquettes and communication skills that are synonymous with the best leaders in the world.

You can land an extremely lucrative corporate job:

It is no secret that MBA courses promise great placements in the best and biggest corporate firms globally. If that is what drives you, then doing an MBA is the best decision you can take right now. After all, to reach the top of a company, you need to have excellent business skills, which is why companies hire management graduates with lucrative offers. In other cases, many top positions in your present company would most definitely require an MBA degree. This is where you can get an edge over your colleagues and gain a quicker and bigger job promotion.

Are you ready, now, to take the jump from engineering to management?

B-School in Delhi, PGDM Eligibilty

How To Choose The Right B-School

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The right B-school not only paves the way for a great career but also plays a role in helping shape the person’s character, beliefs and thoughts, thereby playing a significant role in shaping his/her life for the future. With admissions to various B-schools in full swing, it becomes essential for students to check out the various attributes of a college before they zero in on it. Studying in a B-school call for a huge investment of time, money and energy, so it is vital that you make sure your choice of business school meets your needs.

To choose the top management college for you, follow the guidelines mentioned below:


Student And Alumni Network:

Look through the profile of students at the university in terms of professional experience, gender, and cultural background. These diverse individuals also contribute to your learning apart from forming your network. Find out how active the alumni group is, as you may want to draw on this network in the near future. This network can provide you with invaluable career information and also help raise funds for your start-up.

top management college

IILM is proud to have a network of over 9000+ alumni, placed both domestically and abroad, that have risen to high ranks over the years. These individuals are invited to interact with students and motivate them through guest lectures. Some also go on to become mentors to the students, providing them with first-hand knowledge and experienced advice. Annual alumni meet are organized on campus, which is an excellent networking opportunity for both alumni and current students.

Academic Community:

Before making your choice, find out about the caliber of the faculty, in terms of their expertise and achievements to make sure they give you in-depth knowledge of a company or industry. In addition to this, research about the teaching methods the school uses, such as case studies and consultancy projects with companies.

The IILM faculty members come from leading institutions across the country and are known to be knowledge creators who rigorously peruse research in their fields. The curriculum taught at IILM is benchmarked against the best in the world. It includes Field Courses (as at Harvard), Career Trek (as at Wharton) and Community Experience (as at Yale). Besides this, the 3-month long summer internship and accompanying workshops acquaint students with the demands of the professional world.

Global Experience:

Employers often seek international experience and there are plenty of options to broaden your horizons. Seek colleges that offer study abroad programs or colleges that have overseas partnerships.

In keeping with the needs of the ever-globalizing world, IILM organizes a 4-week global study program in Germany, France, Canada, Finland or Spain, where students are given an opportunity to develop their outlook through industry visits and diverse cultural immersion.

Careers: Another aspect to scrutinize is the institute’s employment record and check the kind of jobs, sectors, and countries graduates go to. It is crucial to investigate the reputation of the careers service of the particular college.

The Career Development Cell at IILM mentors the students on the selection of the right career path in accordance with their preferences and aptitude to check PGDM eligibility. The recruiters comprise of over 300+ companies across the country spanning a wide range of industries.

Top 5 Skills You Develop While Studying BBA In Entrepreneurship

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Starting your very own venture demands skills that are second to none. These distinctive skills are not acquired overnight and need to be nurtured. A BBA in Entrepreneurship provides students with the education needed to create and begin their own businesses. From learning about legal implications surrounding a business to effective operating strategies to scale-up, a BBA in Entrepreneurship gives you a jumpstart when you finally begin your journey. Below are the top skills you’ll be equipped with towards the end of the course from the undergraduate business school at IILM UBS, one of the top business schools in India:

Become A Leader:

The BBA in Entrepreneurship is a very hands-on program where students will be expected to work in numerous projects and case studies in groups. This enables the development of leadership skills and specialized competencies required to lead a new business, scale-up and adapt to changing environments.

Develop An Entrepreneurial Mindset:

Learn how to apply new ideas, methods, and perspectives to businesses and projects.

The program helps students gain confidence and certainty in their business idea and apply it in the real world with the structures and systems learned at the b-school.

Embrace Innovation:

Furthermore, the program also enables students to develop skills in innovation and creativity, helping them acquire the ability to understand consumer needs and demands and develop products and services accordingly. The ability to gauge untapped needs in the market is a skill that is developed over time through the detailed analysis of numerous case studies at the b-school.

Gain The Tools To Be Highly Competitive:

Courses in accounting, information technologies, and entrepreneurial finance help you develop invaluable hard skills, especially when procured from IILM UBS, which is amongst the best BBA colleges in India. Additionally, soft skills like leadership and people management will be obtained through group projects, giving you a firm foundation to start your own business.

Develop A Global Network:

Networking skills are crucial in the business environment. The ability to make valuable contacts, maintain contacts and know when to use them is important in the real world. Earn a BBA in Entrepreneurship from IILM UBS and take advantage of the professional relationships and connections in made at the b-school.

After the completion of the course, students will be empowered with the tools to fashion new products or services and oversee developments for existing companies the world over. Not only that, they’ll be able to make valuable contacts, further develop their skills into core competencies and deal with the pressures of a big corporate job or their own business efficiently.

4th Annual-Entrepreneurship-&-Family-Business-Conference

4th Annual Entrepreneurship & Family Business Conference on “Changing Paradigms: Innovation, Entrepreneurship and Family Business”

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IILM institute for Higher Education organized the Fourth Annual Entrepreneurship and Family Business Conference on 6th April 2018 at its Lodhi Road Campus. The conference was centered on the theme “Changing Paradigms: Innovation, Entrepreneurship and Family Business“. This conference aimed to explore the importance of innovation and sustainability for an entrepreneur and associated opportunities and risks. The conference also uncovered the key challenges faced by Family Businesses in high potential economies such as India in the era of digitization and the need for digital transformation for sustenance. The Conference was structured around three key sessions.
The conference began with the welcome remarks by Dr. Daisy Mathur Jain, Dean IILM-UBS. In her welcome address Dr. Daisy gave an overview of the Entrepreneurship focus at IILM with special focus on opportunities that students get to gain experience and hone their skills. She also spoke about the various international affiliations IILM has with Universities across the globe. IILM is also affiliated with the Family Firm Institute (FFI), Boston. This year, IILM is also introducing an M.Sc. in Family Business as a post graduate specialization in partnership with SBS Swiss Business School, Switzerland.

The Inaugural session comprised a keynote session by Ms. Sonu Bhasin, Founder, Families and Business, highlighted that family businesses are the unsung heroes of the Indian economy by citing interesting figures to support her claim. She fervently held that Entrepreneurship is a state of mind and an ability to get things done, using the analogy of a line black ants and the flow of water. She also underlines that failure does not stop entrepreneurs, rather it eggs them on, because they believe in their purpose. She added that it is important to remember and keep the focus on the family values for a family business to succeed and remain successful. She ended on a positive note that today the time is right to start and entrepreneurship because digitization has reduced capital requirements, technology is an enabler that has opened a plethora of opportunities to this generation that earlier ones did not have access to. She urged the youngsters to go ahead and start something new.

The first plenary session was entitled “Entrepreneurship, Innovation and Sustainability”wherein Ms. Guneesha Kohli, Business Head Malika International, Mr. Sameer Talwar, Founder Entrepreneur of Excellence, Mr. Raman Talwar, Founder Simulanis and Mr. Rijul Bajaj, Co-founder Samshek Foundation shared their insights. The speakers emphasized that innovation is nothing but challenging every assumption and reinventing what you do to make it faster, more efficient and better. Each of them, through personal examples, underscored the need to be open to failures, to learn from them, to stand up once again and to not give up on the dreams.
The second plenary session on the topic “Digital Transformation of Family Business Firms” was also the closing plenary. Mr. Virendra Teotia, Owner Umrao Hotels, Mr. Ridhay Khanna, Owner, HH Global and Mr. Aviral Aggarwal, Director Bikanerwala, shared their experience and paved the possible way forward.Each of them spoke about the role that technology and digitization plays in reducing costs in massive ways for marketing and for reach, for building customer relationship and branding. They also underlined the need to be flexible and adapt to technological change by transforming business and the way it is run.

Active participation from students and faculty made the conference a great success.It provided an opportunity for students and faculty to engage with and listen to new ideas and experiences from distinguished speakers and also to network with established entrepreneurs and investors.