One-week Residential Course on the Indian Business and Entrepreneurial Environment.
IBSP launched by ISME (International School Of Management Excellence) is an AICTE , ministry of HRD , Govt . Of India approved Institution which focus on attaining Global Standards in management Education providing Quality inputs and academic excellence.
ISME is an active member of:
Bangalore Chambers of Industry and Commerce (BCIC)
Bangalore Chamber of Industry and Commerce (BCIC) is the Apex Chamber of Commerce representing large and medium industries in the State of Karnataka. The Chamber represents 95% of the capital investment and 90% of labour employed in the State of Karnataka. BCIC presently has a membership of 600 companies representing various sectors of industry such as – Manufacturing, IT/ITES, Biotechnology, Engineering, Consultancy and Legal firms etc.
Confederation of Indian Industry (CII)
The Confederation of Indian Industry (CII) works to create and sustain an environment conducive to the development of India, partnering industry, Government, and civil society, through advisory and consultative processes.
CII is a non-government, not-for-profit, industry-led and industry-managed organization, playing a proactive role in India’s development process. Founded in 1895, India’s premier business association has over 8000 members, from the private as well as public sectors, including SMEs and MNCs, and an indirect membership of over 200,000 enterprises from around 240 national and regional sectoral industry bodies.
National HRD network (NHRD)
The National HRD Network is the National Apex body of professionals committed to promoting the HRD movement in the country and enhancing the capability of human resource professionals to compete globally and thereby creating value for society. Towards this end, National HRD Network is committed to the development of human resources through education, training, research and experience sharing. Established over 28 years ago, NHRD is autonomous, not-for-profit professionally managed organization, playing a catalyst role in grooming Leaders for Tomorrow. It has 12,500 members representing, Multinationals, Public & Private organizations including Government, MSME & NGOs spread across 30 chapters in India and serves as a reference point for HR Professionals in Indian Industry.
KNOWLEDGE PARTNER MTC GLOBAL
MTC Global is a global think tank in higher education having presence in over 30+ countries, over 1000 B-Schools, 30,000 + members, 45 national chapters, 32 international chapters and connected with millions of people across the world through its different initiatives. A participant in United National Global Compact program, United Nations Academic Impact and ISO 9001: 2008 certified organization.
Program Objective
The India Business Study Program will expose students to business opportunities in India and the knowledge about doing business in India. It will enable students from around the world to visit Bangalore to experience and understand the Indian Industry, the challenges and opportunities of doing business in India and understand the Start-up Ecosystem.
The program exposes students to the best practices in the industry and provides insights into how Indian Industry is thriving despite the challenges in a very competitive global economy.
INDIAN BUSINESS AND ECONOMY
‘Incredible India’ has undergone a paradigm shift owing to its competitiveness in the world.
The Indian economy is on a robust growth trajectory and boasts of a stable annual development
rate, rising foreign exchange reserves and booming capital markets among others. Some facts
of the Indian economy are:
- Fastest growing economies in the world with a growth rate of over 5.56%
- Most preferred investment destinations amongst global investors with total FDI investments in FY 2016-17 of over US$ 60.1 billion
- India is not just one of the demographically largest, but one of the most skilled and talented young countries
- One of the world’s largest consumer markets, with a robust economic growth and household incomes expected to increase consumer spending to US$ 3.7 trillion by 2020
- One of the world’s largest IT hubs, with the IT industry growing at over 30% a year in the last two and a half decades
- ‘Make in India’ campaign, is becoming the manufacturing hub for the world while the ‘Digital India’ campaign is enhancing its online infrastructure rapidly
BRAND BANGALORE
Bangalore is the capital of the Indian state of Karnataka. A city sought for its pleasant climate throughout the year, it’s known as one of the most dynamic cosmopolitan cities of India. Here’s what makes ‘Brand Bangalore’:
- Known as the ‘Silicon Valley of India’.
- Largest population of expatriates in India
- 63% of population under the age of 25
- Home to top institutions like Indian Institute of Science (IISC), Indian Institute of Management (IIM), National Institute of Fashion Technology (NIFT), National Law School (NLSIU) and National Institute of Mental Health and Neurosciences (NIMHANS).
- Numerous state-owned aerospace and defence organisations such as ISRO, BEML, Bharat Electronics, Hindustan Aeronautics, National Aerospace Laboratories are located here
- Forbes rated Bangalore as one of ‘The Next Decade’s Fastest-growing Cities’
- Bangalore is also the start-up hub of India
- Known for numerous sporting, culture, nightlife and leisure facilities
START-UP ECOSYSTEM IN INDIA
India’s ‘Start-Up Ecosystem’ has blossomed and is getting accelerated by the ‘Start-Up India’ policy of the government. The program was initiated to promote an environment that will accelerate proliferation of digital India to a wide variety of sectors including manufacturing, social, healthcare etc. Some highlights of the Indian Start-up story are:
- 70% of all jobs created by start-ups and SMEs.
- 50 million jobs likely to be created by 3 million new entrepreneurs by 2020.
- India will overtake UK to become the second largest from fourth largest ecosystem, in terms of number of start-ups from 3500+ existing to 10000+
- Indian start-ups were funded with over $9 billion in 2015
- Women entrepreneurs and investors to bag a large share of start-up ecosystem by 2020.
Three major aspects of IBSP are:
Industry Visits: WIPRO, Infosys Technologies ltd. , Bosch , Landmark Group , IMBR , HCL technologies , Café Coffee day , Maini Global Aerospace , AZ research etc
SPEAKERS FROM INDUSTRY:
Top Speakers from Industry will be invited to address delegates about current happenings in the industry.
CULTURAL EXPOSURE Like Nrityagram, Bangalore palace, Nandi hills, Lal Bagh , Cubbon Park , Vidhan Saudha , Art of Living International Centre etc.
Module 1: Overview of the Indian business environment
Learn the basics of the Indian economy, sectors, businesses and opportunities via classroom sessions and industry visits.
Module 2: A taste of India’s rich culture and Bangalore’s buzz
An introduction to India, its people, cultures, traditions, cuisines and art. Why Bangalore is the most happening city of India
Module 3: Doing business in India
Whether you are seeking to import or export or start an offshore subsidiary or invest in the country, this module tells you all you need to know about the regulatory framework and policies.
Module 4: Start-up ecosystem primer
What makes Bangalore the start-up capital of the country, why entrepreneurs have carved a niche of excellence in the city and what it means for you as a business person? The program participants will get to visit start-ups and incubation centres in Bangalore, which will help them see the future of technology and business, drawing inspiration for new ideas and insights
Program Schedule
Duration: 8 days
Day 1 (Sunday): Arrival, shuttle pick-up at airport and hostel drop-off
Day 2 (Monday): Classroom session – exposure to business environment
Day 3 (Tuesday): Industrial visit
Day 4 (Wednesday): Classroom session
Day 5 (Thursday): Industrial visit / visit to incubation centres
Day 6 (Friday): Cultural tour
Day 7 (Saturday): Motivational and business talks
Day 8 (Sunday): Send off
Certification
On successful completion of the course, the student will be awarded a certificate of global excellence by ISME.
Cost
₹ 35,000 /- or $500 USD per student for 7 days.
The cost includes:
- Accommodation with breakfast, lunch and dinner facilities for the day’s student is on the campus
- All course modules, industry and site visits
- Airport pick-up and drop-off
Airfare, visa fee, personal expenses, health and travel insurance are not included
To know more about the program contact
Prof Pallavi Jain, Director, International Relations
Email: pallavi@isme.in Ph: +91 99015 00770
Prof Shurlly Tiwari
Email: shurlly@isme.in Ph: +91 98194 22812
India Business Study Program (IBSP) offered by International School of Management Excellence (ISME), is a curated course to provide international management students a deep insight on the young and growing market of India. India’s diversity in culture, languages, traditions, natural landscape and political environment is well known. However, such diversity poses a challenge for foreign students to discern Indian consumer market and business environment. This program aims to aid international students in understanding Indian economic environment and Indian sensibilities. The main objective of the program is to familiarize international students with the economic, demographic, cultural and regulatory aspects of doing business in and with India.
IBSP is a 30-hour program which will encompass four main modules viz. (a) Exploring India (b) Business Opportunities and Trends in India (c) Entry in India and (d) Cultural differences when working in India. The details of the modules are given below:
Module 1: Exploring India
Introduction to growing Indian economy, its unique demography and its diverse cultures and traditions.
Module 2: Business Opportunities and Trends in India
Insight on business opportunities and emerging trends in India through classroom sessions and industry interactions. Special focus will be sunrise sectors like Information Technology and Business Process Management, Hospitality and Tourism, Wellness, and Media and Entertainment.
Module 3: Entry in India
Primer to Indian regulatory framework and policies if one wants set up business entity (incorporated and unincorporated) in India. An overview of Special Economic Zones will also be offered.
Module 4: Cultural differences when working in India
Insight on cultural considerations with respect to communication style, building relationships, and conformity to rules and authority while doing business in India.
By attending IBSP, the participants will gain valuable insights on India. The participants can expect following takeaways from the program.
- Comprehensive understanding of Indian economy, demography, culture and landscape
- Overview of the key sectors in India and its growth drivers
- Knowledge on entry structures and set-up processes to start business in India
- Insight on cultural considerations while doing business in India
Who Should Participate?
- International business leaders and managers who would like to explore India as a new business opportunity
- International management students (undergraduate and post graduate) who would like to explore exciting opportunities in the growing and dynamic Indian market.
The program can be conducted in either online mode or offline mode
Online Mode:
In the online mode, the program will be delivered through live online interactive sessions. The system requirements include laptops/ computers and installation of Teams platform. The live online sessions will include interactive group activities, fun learning experiences and stand-up comedy.
Offline Mode: (Once COVID travel restrictions like quarantine requirement are lifted)
The tentative program schedule in the offline mode will be as follows:
Day 1: Arrival, shuttle pick-up at airport and hostel drop-off
Day 2: Module 1 on Exploring India
Day 3: Module 2 on Business Opportunities and Trends in India
Day 4: Industrial Visit
Day 4: Module 3 on Entry in India
Day 5: Module 4 on Cultural Differences while working in India
Day 6: Cultural tour
Day 7: Shop and Relax to enjoy Incredible India
Day 8: Send off
On successful completion of the course, the student will be awarded Certification in International Business (India) by International School of Management Excellence.
The program fee of the online IBSP program is USD 250 per participant (minimum of 20 participants).
The program fee of the offline IBSP program is USD 800 per participant which will include the following (minimum of 20 participants):
- Accommodation (twin sharing) with breakfast, lunch and dinner facilities for the day’s student is on the campus
- All course modules, industry and site visits
- Airport pick-up and drop-off
Airfare, visa fee, personal expenses, health and travel insurance are not included.
Contact
To know more about the program contact
Prof. Pallavi Jain
Director, International Relations
Email: pallavi@isme.in Ph: +91 99015 00770
Prof. Rajendra Desai
Head, External Relations
Email: raj@isme.in Ph: +91 9886538504