Importance of Entrepreneurship in Education

Entrepreneurship in education is born with an innate need to create systems and solutions, build and grow it, creating an impact. India has almost 1.5 million schools, 38,000 colleges, and 760 universities as per Ministry of Human Resource Development, which translates to 1 school per 200 school-goers and 1 college for 3,700 college-goers. The gap in education cannot be solved by the system alone. Entrepreneurship in the education sector is needed to bring in inclusivity, bridge the knowledge gap, and usher in new methods of learning.

What’s Happening in the Indian Education Sector

There are public programs to solve this crisis. IGNOU is the biggest open university in the world and its 4 million students have received quality education inexpensively. The current Prime Minister Narendra Modi has tasked Niti Ayog to recommend changes in the education system.

The Azim Premji Foundation founded by Chairman of Wipro Azim Premji has been working to set new standards for teacher training and research for education, and to update the quality of primary education in India.

Another powerful example we can think of is Byju’s, founded by Byju Raveendran. It started by helping students prepare for competitive exams like CAT, GMAT, IAS, JEE, etc. They also help school students learn through apps interactively.

Government’s Role in Promoting Entrepreneurship in Education

In the past few years, investment in education is coming from private and government sources. Government of India’s ‘Startup India’ promotes financing from banks to startups from any sector.

The Atal Tinkering Labs (ATL) under the Atal Innovation Mission (AIM) is another program to encourage entrepreneurship in education. Under this mission, DIY workspaces are set up where ideas of students take shape. A similar initiative at Jammu & Kashmir is called Udaan.

To select students to study at top B-schools across the country, Tata Consultancy Services (TCS) teamed up with the IIMS to conduct Combined Aptitude Test (CAT). There are many other examples of success in of entrepreneurship in education.

Dawn of ISBR

ISBR too is a product of entrepreneurship in education. The founders with a dream to provide an infrastructure that is conducive to learning set up ISBR in 1990 under the aegis of Bangalore Education Trust with a mission statement, “to create and nurture an environment that kindles learning and inspires to build a career, a society, a nation”.

The three building blocks on campus is the Governing Council, the Academic Advisory board, and the Board of Studies. ISBR has been staying true to their commitment to prepare students to think on their feet and act decisively in any business environment.

Chairman Mr. Prakash Kothari and the Managing Director Mr. Manish Kothari add about 29 years of legacy in delivering top quality management education and are instrumental in running an institution of high standards. They have an experienced faculty from academics and industry who combine theory and practice to produce better understanding of our world, preparing students for life.

Their faculty have authored and presented academic journals, papers, have served on editorial boards, and held leadership position in organizations. With collaboration with thought leaders they have generated knowledge and created an impact on research.

Academic Programs at ISBR

The college is divided into Management, Commerce, Law, Research and Technology departments. Its flagship course is the Post Graduate Diploma in Management which is approved by the AICTE, HRDM of the Govt. of India. The choice of courses is PGDM with an international study trip, PGDM with one semester abroad, global PGDM, PGDM in Sports Management, and PGDM in Operations, Supply Chain and Logistics. Executive PGDM programs are offered for working professionals taught over the weekends.

Undergraduate programs in management offered is the BBA and BBA in Aviation. It offers a doctoral program in Management on campus.

ISBR college: Undergraduate programs namely, BBA, BCA, and B.Com are offered at the ISBR college.

ISBR law college: ISBR law college is one of the top law colleges in Bangalore. The law college offers students with placement, internships, case studies, workshops, moot court sessions, live projects, and industry exposure. The two undergraduate courses on offer are a five-year integrated BBA+LLB and a three-year LLB programs. There are certification courses on offer too.

The commerce department offers graduate, post-graduate, and doctoral programs. The BCA program is offered by the Technology department.

Niche Programs at ISBR

ISBR’s entrepreneurship education is on par with some top management institutions in India. With projects, assessments, seminars, and experience-based trainings, ISBR teaches budding entrepreneurs to bring their ideas to reality. ISBR is offering a two-year and a one-year PGDM in Entrepreneurship.

India is transitioning from a one-sport country to multi-sport country, which is bettering career prospects for sportspersons. The advent of sports leagues has also given rise to sports management as a career. ISBR is offering a two-year PGDM in Sports Management on its Bangalore campus, making it one of the few colleges in India to offer such a program.

Analytics is a branch of business used in retail, finance, manufacturing, healthcare, e-commerce, energy, e-governance, telecom, and in social media. Their PGDM in Business Analytics will provide knowledge of various analytical tools and technologies to collect and analyze data to gather intelligence and support various business functions.

Awards & Recognitions for ISBR

Over the years awards and accolades won by the ISBR are:

ISBR has been ranked as ‘Platinum Institute’ under AICTE-CII Survey for three years in a row.
Centurion Award by the Centum Learning Centre
National Championship for Entrepreneur Activities by National Entrepreneurship Network (NEN)
Best Business School of the Year by Public Relations Council of India (PRCI)
Exemplary Placement Award by Discovery Education
Ranked 10th best in industry interaction by Silicon India survey
Ranked no. 1 under new generation B-Schools of India by DM B-School Survey, and

What ISBR Programs Entail for Students

ISBR has an edge over others as the electives are taught by eminent faculty from academics and the industry. Over the years, many international speakers have visited the college to inspire their students. The students have a chance to take up value-added certification courses along with their electives.

Their students are trained under a mentorship program provided by the faculty and industry experts. Throughout the duration of their academic program, students get to see experience projects, go through case studies, learn foreign languages, and participate in fests.

There are number of clubs functional on campus aimed at holistic development of students. Corporate network cell, writers club, cultural cell, sports cell, public relations cell, entrepreneurship cell, and disciplinary cell.

Students also get a chance to travel to foreign universities and learn there. ISBR also organizes guest lectures, internships, projects, CSR activities, and placements. More than 180 companies have visited campus and have recruited their students in various recruitment drives. Some of the top names are 3M, Biocon, Citibank, Infosys, IBM, Google, GE, Byju’s, Goldman Sachs, KPMG, Decathlon, Morgan Stanley, Flipkart and many more.

ISBR offers a robust learning environment with a curriculum taught by multidisciplinary faculty, creating “industry ready” and “employable” management professionals. The buildings of this cosmopolitan campus sheltered under trees make environment conducive to learning. Every student will be associated with the institute throughout their lifetime through their ISBR Alumni Club across the globe.