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IBS: Pioneering case-based learning for future leaders
Nisha Gupta
Updated on 20th September, 2024 , 2 min read
The ICFAI Business School (IBS) has established itself as a leader in management education by adopting an innovative teaching approach - Case-Based Learning. This method has transformed how students engage with business challenges, which makes IBS a top choice for aspiring business professionals worldwide.
The power of Case-Based Learning at IBS
Learning goes beyond textbooks at IBS. The Case-Based Method allows students to experience real-life business scenarios, encouraging them to analyze problems, think critically, and apply theoretical knowledge to create practical solutions. This hands-on approach nourishes vital skills such as problem-solving, decision-making, and critical thinking, all important for success in today's corporate world.
Each IBS student navigates through approximately 270 case studies, throughout their two-year management program. Students specializing in marketing handle around 290 cases, while those in Operations, HR, and Finance cover about 260 cases each. This extensive case study exposure ensures students develop a deep understanding of diverse business challenges.
A vast collection of Cases
More than 6,600 meticulously researched cases are stationed at IBS supported by teaching notes and structured assignments. These cases are developed by the IBS Case Research Centre and cover the areas of Strategy, Corporate Governance, Finance, HR, and Marketing. The center's dedication to producing high-quality Case Studies has earned IBS a global reputation, with over 800 business schools using its cases as teaching tools.
IBS cases have been widely recognized and have consistently won accolades at prestigious global competitions hosted by The Case Centre. These awards further nurture IBS's leadership in case-based methods.
Global reach and industry relevance
Over 200,000 individual copies have been adopted by universities globally, with more than 10 million copies integrated into textbooks and casebooks. IBS's case studies have a significant influence on business education worldwide. This global reach highlights the practical importance of IBS's case studies in preparing students for real-world challenges.
Hands-on learning
IBS makes sure that its students are industry-ready through practical exposure to advanced tools like SAP Labs and Bloomberg Terminals. These cutting-edge resources complement the case-based learning approach, equipping students with both theoretical knowledge and hands-on experience needed for today's data-driven business environment.
IBS Case Research Centre: Driving Excellence
The IBS Centre for Management Research (ICMR) is at the heart of IBS's case-based learning. This center is staffed by faculty and research associates and produces vital and precise cases for current business trends. These cases are not just used at IBS but are also used by prestigious business schools worldwide, reinforcing IBS' leadership in management education.
Practical experience and career preparation
IBS students have an opportunity to participate in the Summer Internship Programme (SIP), providing real-world exposure to business environments. This combination of case studies, internships, and hands-on training ensures that IBS graduates are well-prepared to thrive in the corporate world.
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