IILM Undergraduate Business School

New Delhi & Gurgaon

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Is BBA Beneficial for a Student of Science Stream?

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Choosing a stream post the reception of the Secondary School Certificate (SSC) is one of the most significant decisions. However, as you go along you might realize that your talent really lies in another field of study altogether. While it is a matter to be considered, it is nothing to give yourself a headache over.

Students choosing a Bachelor of Business Administration (BBA) course after completing school in the science stream is not very different from Technology graduates going for an MBA. The best BBA colleges in Delhi NCR offer the degree to students from all streams with minorly varying selection criteria. Here are a few things you need to know:

Will the science stream affect a career in BBA?

The BBA course proffers basic business values regarding financial management, economics and the principles of management. The 3 years are structured to imbibe appropriate communication skills that make up an important part of managerial life. Your assessment as a business graduate will depend on how you perform in the course instead of your high school education. So, the science stream will not affect a career in business.

Eligibility Criteria:

You will need to, however, prove your ability to grasp the essentials of the B-world over the course of the next 3 years. BBA admission in Delhi and other states is dependent on your performance on the entrance test. The entrance examination is a conventional method of identifying the eligible students with exceptions in a few colleges and universities. You may enroll for centralized examinations that offer admission in a number of colleges if you pass.

The universities require a minimum of 50% aggregate score in your 12th standard examinations for you to be allowed to appear for the entrance exam. The exams usually consist of the following sections:

  • General Awareness
  • Reasoning
  • Quantitative Aptitude
  • Language (English)

Follow your disposition:

Essentially it boils down to your interests and calling in life. If you are sure that you need a shift from practical or theoretical sciences to managerial sciences, nothing should stop you. As you might have heard, an MBA is almost necessary to ensure a promising career after a BBA education. Nonetheless, it is advisable to seek advice from your parents, seniors, and peers. You can save a lot of time and effort by consulting an individual who has taken the same step earlier.

Take the example of Edwin Hubble; his studies were focused on jurisprudence at the University of Chicago given to his father’s wishes, but he never let his goals out of his sight, worked hard, believed in himself and turned out to be one of the most prominent astronomers in the world. You can do it as well!

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IILM UBS – ENGAGING STUDENTS IN LEARNING

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IILM UBS aims to create a learning environment that is active, collaborative as well as one that cultivates ‘learning relationships’, wherein learning takes place amongst peer groups, allowing students to actively engage and develop crucial social skills. Moreover, these educational experiences enhance the academic abilities of the students, as they are not limited to assignments and tests.

IILM UBS gives students several opportunities to engage in learning through the following initiatives:

Innovation Weeks:

These weeks are designed to strengthen the entrepreneurial spirit of students and nurture their creative abilities. This is achieved through multiple sessions conducted by eminent entrepreneurs, field visits as well as live projects. The themes for these sessions range from social entrepreneurship to starting-up.

Entrepreneurship Development Centre:

Inspired by the belief that entrepreneurs are not always born but can also be created, IILM formed the Entrepreneurship Development Centre (EDC) with an aim to create an entrepreneurial mindset in students. The students of the BBA in Family Business program along with the other IILM UBS courses can greatly benefit from the center as it performs a strong platform for budding entrepreneurs to ideate, validate and develop their innovative ideas.

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From learning to prepare and presenting a business plan to understanding the legal aspects of opening a start-up, the supportive atmosphere at the EDC helps students move a step closer towards the realization of their dreams.

Events:

Numerous contests and activities are organized throughout the year to build a healthy environment and develop the various facets of the dynamic students at IILM. These activities include blood donation camps and donation drives; painting and poster making contests, as well as football matches, are organized to allow students to discover their passions and strengths. Business-related activities include the stock trading contests and group discussions on relevant pressing issues in the industry.

The BBA in Entrepreneurship program, as well as the other programs offered at the Institute, aim to provide students with a holistic experience at IILM so that they walk out of the institute as well-rounded individuals.

Finally, students are challenged to reflect, question, conjecture and evaluate, thereby encouraging them to think beyond the classroom.

After all, a multidimensional, socially responsible citizen is developed out of a student who is actively involved in academics as well as extra-curricular activities.

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Family Business Expansion: BBA Degree Overview

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In an economy as booming as India’s, a lot has been attributed to the rise of entrepreneurship in the country. Be it your small-scale businesses to large MNCs, everyone has played their role. Family businesses too are extremely popular in India, with many young ones aspiring to join the same when they complete their education. A BBA degree may just be the boost they need.

BBA at IILM UBS is about making the most of that degree to contribute your family business’ expansion in multiple ways. A look at the BBA course details will tell you how the course is designed to introduce multiple disciplines to a person and help them identify their forte. The holistic approach to business education at the college can help you nail your role as the next leader of your business.

Delving into the know-how:

A BBA introduces you to the various aspects of the business. From understanding strategy to marketing, financial and legal knowledge, this degree forms the perfect stepping stone into understanding how your market works. Well-equipped with the basics of every field, you are more in command of your next step. It helps you understand how the sync between two different segments of your business can affect your top line business goals.

Widening your scope of thinking:

Among the best advantages of studying at one of the top 10 business schools in India are the exposure to a good faculty and high-quality peers with goals similar to yours. Interacting with a diverse set of people exposes you to different viewpoints of approaching anything. You get an insight into their worlds and it also helps you understand how they think and feel; this can help you sharpen your interpersonal skills.

Nurturing your strengths:

Every person comes with their own soft-skill sets which are honed in the baccalaureate years.  While you can gain knowledge of everything that governs how a company functions, you’ll be able to identify which fields have your core interest – be it logistics, marketing, finance, strategy, product or more. You can concentrate and build on that knowledge, and even specialize in it. The support you get from peers as you develop is going to be phenomenal making you more confident when you step into your family’s venture.

Staying tuned to the latest trends:

Every business needs to adapt to the changing times and trends that are more dynamic than they ever were before. A degree such as a BBA keeps you updated with the latest tools and marketing mediums, enables you to think beyond the traditional business intelligence, and makes you confident in predicting trends. This can, in turn, assist you in making changes to your business that ensures its strong standing in the market.

BBA degree empowers you with a strong foundation in business knowledge and equips you with soft skills that make you fit in easily in a family-run business. Step into IILM UBS to stand out as a leader for tomorrow.

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How IILM UBS is fostering a Mindset of Entrepreneurial Thinking & Creativity

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Entrepreneurial thinking refers to one’s ability to see the world differently and find innovative solutions to a given problem. This is a pre-requisite in the fast-paced business world of today. From budding family business owners to those looking to fuel a startup vision, tomorrow’s businessmen and women must possess the skills required to identify market opportunities and find creative ways to leverage these opportunities.

With a BBA in entrepreneurship, you’ll be exposed to a myriad of experiences that’ll help you develop the skills required to start and manage a business. You will have the chance to explore new learning opportunities, develop your business strengths and overcome your weaknesses. Given the wide variety of responsibilities connected with running a business, the BBA curriculum focuses on holistic learning – from marketing and innovation studies to technical business processes. The end goal is to shape well-rounded entrepreneurs capable of managing and scaling successful businesses.

The central benefit of pursuing an entrepreneurship course at one of the top business schools in India is that you will be equipped with a host of promising career opportunities, including consulting, family business management, startups and corporate jobs. With training in entrepreneurial know-how, not only will you learn how to start a new business from scratch but you will also understand how to restructure, reorganize and expand an existing business. Additionally, greater creativity and problem-solving skills fostered at IILM UBS will give you that much needed push to fuel your startup dream. This is of special importance for students looking to find direction in terms of career goals. Student mentors play a critical role in helping you identify your core point of interest and assess its feasibility in the current market situation. Greater support is provided via Annual Entrepreneurship Conferences and the Entrepreneurship Development Center quarterly innovation weeks.

The 3-year BBA course is designed keeping in mind the special needs of budding business owners, with equal emphasis on imparting practical and theoretical knowledge. With extensive case studies, role-plays etc., you will undergo overall personality development and up-skilling preparing you for jobs in healthcare, retail, service industries, financial services, banking, startups as well as non-profit organisations.

Given the need of the hour, innovation is placed at a high pedestal in our institute. Not only does it create unmatched value for existing family businesses, it is also especially important for setting up a new venture and expanding it. Additionally, entrepreneurial thinking will allow you to stay ahead of others and maintain a leadership edge in the corporate world.

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What are the Benefits of Specialised Mentoring?

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Young minds are often given to traverse the depths of aspirations and opportunities to find the right path. Even though strong in will and ambitious in actions, the surmounting problem of a future life can be arduous to tackle alone. One then needs assistance from an expert who understands these goals and can guide you towards your calling. In simple words, students need mentors who can help them achieve their maximum potential. At IILM, we assign a dedicated mentor to each student who helps you through the thick and thin of academics, career, and the future. Mentoring sessions are a part of the entrepreneurship courses at the Undergraduate Business School at IILM. Read on to find out the various benefits of specialized mentoring:

Identifying Priorities:

Primarily, you must learn how to get your priorities straight and manage your time accordingly. With social media creating an eternal distraction in the lives of the young guns, our mentors help in determining the amount of time wasted. Subsequently, they urge the students to make practical plans to reduce the wastage of time. Finally, they help in establishing accountability for the plans to ensure growth and the optimum use of time to achieve the goals.

Managing the Financial Aspect:

Most students come to IILM to pursue the bachelor of business administration degree from different walks of life. Regardless of the family background, every student evaluates his/her financial position at some point in their educational career. More often than not, it leads to unwanted and unnecessary stress. The specialized counseling at UBS, IILM aids in exploring the financial worries, identifying wasteful spending, and helping you look for ways to do well post the completion of the course.

Managing Anxiety:

The elaborate curriculum and industry practices required to be mastered by students may lead to anxiety. You may feel like not being able to cope with the studies. Mentors at IILM lend guidance on how to get rid of irrational fears. Additionally, they help you manage your studies better and rearrange your thoughts towards a positive mindset.

De-stressing:

The business world gets the better of everyone every now and then. Therefore, how you handle stress and channelize your worries are essential. Specialised mentoring sessions are organized to avoid the stress from building up to a point where it becomes overwhelming. Regular sessions beyond school hours ensure that the students don’t over-indulge in unnecessary activities. They make sure that you don’t turn towards depression and ruin your life. By simply indicating triggering points and identifying activities and ways to cope with stress, the mentors introduce mindful ways of coping with the problems of the mind.

Moreover, mentors help the families of the pupils to keep a track of their child’s progress. The sessions emphasize ways for pupils to expand their family business, higher education abroad, starting a new business or finding a respectable job to excel in life and make a name for themselves.

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BENEFITS OF STUDYING AT IILM UBS

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With high-quality academics and impressive study abroad programmes, IILM is ranked amongst the top tier B-schools in the country. It’s been 25 years since the inception of the venerable management institute and through the years, IILM has displayed incessant and consistent efforts to deliver superior quality education to its students. This dedicated commitment has been recognized with a number of accolades that the institute has been honored with year after year. In 2017, EdUniversal ranked IILM as the 11th best business school in India. Keep reading for the IILM BBA course details that set it apart:

Centrally Located Campus:

The central location of the IILM campuses gives students the opportunity to take advantage of the numerous resources and stakeholders available in the vicinity, as well as a chance to network with the influential community present in the national capital. IILM has three strategically located campuses. One campus location at Lodhi Road, the political center of the country, enables students to be aware of the developments in politics as well as business. The second campus in Gurgaon’s Golf Course Road, the industrial hub and nerve center of start-ups, gives students the opportunity to network and learn from established and budding entrepreneurs. The third location in the Knowledge Park of Greater Noida provides a knowledge-sharing platform for the students with universities and large firms located in close proximity.

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Global Exposure:

The BBA college at IILM offers the Global Study Programme to develop intercultural competence in the students. The Programme includes lectures on Strategic Management, Entrepreneurship, Digital Marketing and Innovation at the partner institutions abroad. The students have the unique opportunity to study at a campus located in North America, Asia or Europe and immerse themselves in the local culture as well as participate in company visits abroad.

Family Business Mentoring:

Many students at IILM either join their family business or start their own business after graduation. At the business school, you are assigned a mentor with whom you have the opportunity to ideate, discuss and incubate your ideas, as well as seek advice for challenges that a family business may face. These mentors are expert faculty members who give students individualized guidance depending on the varied background and interests of the students.

The BBA programme at the institute is quite popular, especially in today’s day and age when the demand for management experts is constantly on the rise. IILM has a vast alumni network of over 9000 students that have been placed in some of the biggest firms in the industry. IILM offers its students numerous benefits and promising future prospects, which is why the institute is the preferred choice for many students.

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 sessionwas 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.Itprovided 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.

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What Is Entrepreneurship Development Center & How Does It Help You

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As it goes with diamonds, they aren’t discovered already polished and shining. A piece of diamond requires a skilled hand that polishes it and cuts it into an object of beauty. Something similar can be affirmed about entrepreneurs who must be instructed and nurtured to mold them into becoming responsible leaders for tomorrow.

Such an initiative at IILM in its BBA subject is known as the Entrepreneurship Development Centre (EDC) that is established to assist aspiring minds towards business endeavors. The center is structured to provide a comprehensive platform to budding businessmen from the conception of the idea to approval, instigation and finally the commercialization.

How does EDC help students?

  1. Networking- the EDC networks serve as an important pool of advice and career opportunities for college students, and they have access to a larger pool of people for networking
  2. Exposure to Startups – the startup ecosystem is wide and holds opportunities for the young and ambitious. Early exposure to practical skills, expertise and perspective clarify doubts and help them to commence and run a business of their own
  3. Realising the Ideas – the final step of execution is given enough emphasis so as to let the student grow on his/her own with support from the veterans.

Advantages of EDC

  • The basic functions of the center begin with inculcating a strong zeal for the entrepreneurial sector
  • Next, the process inculcates a culture that is formed on a favorable entrepreneurial ecosystem
  • Finally, the students are individually taught to work on their entrepreneurial skills to compete in the real world under real pressure.

The Process:

Personalized mentoring – dedicated faculty with expertise in particular fields take the students through a structured process to imbibe a set of skills in individuals

Interaction with domain experts – it is the hub of communication with experts from various fields in the industry that interact in the matters specific to individuals

Live company projects – regular visits at reputed companies for practical knowledge and a first-hand assessment of processes.

Events & Conferences:

The ‘Annual Entrepreneurship Conference’ is an example of an aim to maintain entrepreneurial thinking in an uncertain environment. The conference brings together a group of successful businessmen and young and energetic start-up owners who guide the students towards their goals.

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Workshops:

‘Opportunity in India and World’ – workshops that match the standards of top BBA colleges in India are periodically organized to give the students an idea of contemporary conditions in the corporate sector. Additionally, they are familiarised with the technologies that govern the sector

Opportunity Recognition and Idea Generation – helps impart cognitive knowledge to the students in order to equip them with the ability to identify the potential areas of opportunity in the industry.

To iterate, EDC provides a stage to potential ideas that drive the young and eager minds. The students can look up to the EDC for preparation, mentorship and intellectual support by the faculty and alumni.

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Think Global, Be Beyond with our Global Study Programme

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With the ever-expanding reach of the internet and other mediums, access to the world is becoming easier. The more we know about the world and how it functions, the better prepared we are to take on the curveballs thrown at us. Businesses, too, are thinking globally today. The way they function or the way they create value needs a touch of the worldly wisdom to be able to truly succeed. And one way to grasp to this knowledge is by interacting with and learning from the best minds while completing your business education from one of the premier business schools in India.

Our Global Study Programme exposes our students to a truly enriching experience that empowers them to adopt a modern outlook while making day-to-day decisions. We believe there is nothing like an international experience at the best business schools around the world, to broaden your minds and sharpen your acumen. Our strategic tie-ups with leading business schools around the world nurture excellence by expanding your key learnings from your time with us to unprecedented levels. Unlock your potential with:

University of Winnipeg, Canada

The University of Winnipeg in Canada has always been a preferred destination for those looking to specialize in International Business and Marketing. Their programme in Entrepreneurship is an absolute value-add to those looking to start their own ventures after completing their BBA degree or MBA.

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EM Normandie, France:

The leading business school in the historic city of Normandy is among the prestigious B-schools in France. A rewarding course in supply chain management and a dynamic business project will groom you to lead operations. Or if you have plans to move to France, their course in doing business in the country will equip you with knowledge and a student network that will be extremely beneficial.

Lapland University of Applied Sciences, Finland:

The University of Finland is known for its exceptional focus and dedication towards innovation. During your time there, engage and build on relationships as you work through challenging team projects and come up with innovative solutions. Build on your talent of thinking out of the box by working with the brightest minds in the world.

ISM, Germany:

International School of Management in Dortmund, Germany is well-known for the diverse crowd that joins and graduates every year. Be a part of a worldwide network as you hone your skills in Operations Management, Strategic Management, International Finance Management, along with inter-cultural communication.

Thus, an international education can help you evolve personally and professionally. The exposure to different styles of teaching, thinking, and living makes you more adept at taking on the world as a universally thinking manager and paves way for unbound success. Think global with your business experience at IILM, and emerge as a leader who works and lives beyond.

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Education Gone International: A Global BBA Degree with an Edge

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With thousands of courses in business flooding the cities, how do you decide which one is correct for your entrepreneurial aspirations? Today, the need of the hour is to groom business students into leaders who can stand shoulder to shoulder with their global peers. This is where our BBA in Entrepreneurship international degree provides the much-needed edge to students.

With a curriculum designed in association with the internationally-acclaimed Swiss Business School, BBA in Entrepreneurship brings business education of the highest standards to Indian students. This international affiliation serves to add more to the BBA scope for students and allows them to experience learning that goes beyond the rigid boundaries of a classroom and educate themselves on the best global practices, innovations, and ideas in the field.

Developing international competencies

The very idea of entrepreneurship is to take your idea to the world and establish it into a successful business. At UBS, we understand that disruption is ruling the roost in business ventures that have risen to the top today, which is why the modern-day BBA student should be a problem solver. The 3-year (or six semesters) BBA in Entrepreneurship course opens up a student’s mind to business problems that have global roots and inculcates a drive for entrepreneurship backed by innovation to solve them.

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The specially designed modules rise in difficulty from the more basic concepts of marketing, accounting, management, economics, finance, law, etc. and move on towards more niche subjects like venture capital, private equity, mergers, and acquisitions, etc. Entrepreneurial case studies and simulations from Harvard Business School are also included to provide students a chance to test their mettle in managing real-world situations.

Promoting cultural exchange of ideas and knowledge

With more and more students going to Europe, North America and Australia for higher studies, it is important that they are introduced to cultural intricacies of the foreign world. In this era of globalization, a key advantage someone from the business background can have is that of being oriented towards various cultures of the world. Consequently, the BBA in Entrepreneurship course offers foreign language classes to students for sharpening their communication and multi-lingual skills.

Providing critical exposure of the highest level

The BBA in Entrepreneurship international degree provides an international platform to students to experience learning at the Swiss Business School campus for two semesters. More than the course material, it is the entire experience of receiving education abroad at an acclaimed business school with an entirely different culture that exposes students to various facets of skill development and management. At the end of the day, it is this different environment which polishes students into successful entrepreneurs of the future. Another regular exposure to real-life management situations comes in the form of industry internships, company visits, and thought-leader interactions.

BBA is a critical stepping stone towards a future MBA, managing family business or starting-up. With an international course and degree, UBS ensures that your foundation for success is uniquely advantageous and supremely solid.