India's Best Business Schools Beyond IIMs

Ninad Ramdasi / 11 Jan 2024/ Categories: Business School, Business Schools, DSIJ_Magazine_Web, DSIJMagazine_App, Stories

India's Best Business Schools Beyond IIMs

This edition of Dalal Street Investment Journal celebrates the dynamism and excellence embodied by some of India's most exceptional B Schools, institutions that play a pivotal role in shaping the future of our nation's business leaders.

Preface 

The Evolution of B Schools in India 

In the pulsating heart of India's academic landscape, Business Schools or B Schools stand as crucibles of innovation, leadership, and transformative learning experiences. This edition of Dalal Street Investment Journal celebrates the dynamism and excellence embodied by some of India's most exceptional B Schools, institutions that play a pivotal role in shaping the future of our nation's business leaders. 

India, which remains one of the youngest and fastest-growing major economies, has been witnessing a remarkable transformation in its educational landscape, particularly in the realm of B Schools. These institutions, once seen as a gateway to traditional management roles, are now evolving to meet the demands of a dynamic global economy that requires diverse skill sets to run businesses. [EasyDNNnews:PaidContentStart]

Adapting to Change — The landscape of B Schools in India has undergone significant changes over the past few decades. Gone are the days when the primary focus was on producing managers well-versed in theories and concepts. Today's B Schools are adapting to the rapidly changing business environment, emphasising practical skills, innovation, and a global perspective. They are incorporating experiential learning methodologies, such as simulations and case studies, to develop students' ability to make quick decisions, adapt to change and foster innovation. Skillbuilding in many B schools is treated as reinforcement or support for academic learning. 

Internationalisation of Curriculum — One noteworthy trend is the internationalisation of the curriculum. B Schools in India are increasingly collaborating with renowned international institutions, offering students exposure to diverse cultures, business practices, and global networking opportunities. This shift aims to equip graduates with a broader skill set, making them adept at navigating the complexities of the global marketplace. 

Entrepreneurial Focus — Another exciting development is the growing emphasis on entrepreneurship. B Schools are recognising the importance of fostering an entrepreneurial mindset among students. Incubation centres, startup challenges, and mentorship programs are becoming integral parts of the curriculum, nurturing the next generation of Indian entrepreneurs. 

Technology Integration — The Fourth Industrial Revolution has ushered in an era of technological disruption. B Schools are quick to acknowledge this reality and are incorporating technology-driven courses in their programs. From data analytics to artificial intelligence, students are now equipped with the skills necessary to thrive in an increasingly digital business landscape. 

Inclusive Leadership and Diversity — In recent years, there has been a notable shift towards promoting inclusive leadership and diversity within B Schools. Recognising the importance of varied perspectives, institutions are actively working to create an environment that encourages participation from individuals of different backgrounds, fostering a rich learning experience that mirrors the diversity of the business world. 

Challenges and Opportunities — While the evolution of B Schools in India is commendable, challenges persist. The need for continuous adaptation to industry demands, maintaining high-quality faculty, and ensuring accessibility for students from all socio-economic backgrounds are pressing issues. However, these challenges also present opportunities for innovation and improvement. 

In this special edition dedicated to India's B Schools, Dalal Street Investment Journal proudly acknowledges the role these institutions play in sculpting the future leaders of our nation. Through their commitment to excellence, innovation, and global relevance, these B Schools are not just educating students; they are shaping the trajectory of India's economic landscape. As we delve into the profiles of these exceptional institutions, we invite our readers to join us in celebrating the transformative power of business education in propelling India towards a prosperous future. 
 

Shashikant Singh
Executive Editor

 

Interview 

Vishal Khurma CEO,
Woxsen University 

"It is crucial to approach investments with strategies" 

In this interview, Vishal Khurma, CEO, Woxsen University, elaborates about the role of analytics and how the Bloomberg Finance Lab helps budding investment strategists and planners to navigate the all-time high markets 

In an era where financial markets frequently reach all-time highs, investors and finance professionals face the challenge of making prudent investment decisions to optimise returns while managing risks. As financial markets continue to evolve and reach new heights, the combination of strategic investment planning, advanced analytics, and comprehensive training of financial professionals becomes increasingly important. Analytics provide the tools to navigate complex market conditions, while training at the exclusive Bloomberg Finance Lab prepares upcoming finance professionals with practical, real-world skills. Together, they form a formidable tool kit for any investor, financial analyst or advisor looking to succeed in today’s dynamic financial landscape. 

Vishal Khurma, CEO of Woxsen University, explains the various financial strategies recommended by experts during such market conditions, the integral role of analytics in implementing these strategies, and how training at Woxsen’s Bloomberg Finance Lab arms the future finance professionals with the most sought-after skills. Excerpts from the interview:
 

What are the expert strategies an investor can use to spot opportunities and how does analytics play a pivotal role? 

When financial markets are at their peak, it is crucial to approach investments with strategies that balance potential growth with risk management. Implementing these strategies effectively necessitates a deep understanding of market dynamics and risk assessment, where analytics plays a significant role, particularly when navigating through all-time high markets. 

The salient factors as regards analytics include:

1. Diversification: To help protect investments from market volatility, it is important to spread them across different asset classes to mitigate risk. Advanced analytics help in identifying correlations between different assets for effective diversification.
2. Risk Tolerance Assessment: Understanding and investing according to one’s risk capacity is crucial. New-age analytical tools can analyse market data to understand an investor’s risk tolerance.
3. Portfolio Rebalancing: Continuous monitoring through analytics aids in timely portfolio rebalancing and adjusting them to maintain the desired asset allocation.
4. Value Stock Investments: Analytical models evaluate financial metrics and historical performance to identify value stocks.
5. Cash Reserves Management: Analytics can help in deciding the optimal amount of cash to hold by analysing historical market downturns and recovery periods, ensuring enough liquidity to capitalise on market dips.
6. Alternative Investments: Diversifying into nontraditional investments like commodities or private equity requires assessing various aspects for alternative investments. Analytics can assess potential risks and returns, especially in markets less transparent than stocks and bonds. It can evaluate past performance, market trends, and other factors unique to these investments.
7. Long-Term Focus: Analytics can project long-term market trends and potential returns, helping investors to maintain perspective and make more informed decisions, hence keeping an eye on long-term investment goals rather than short-term market fluctuations.
8. Regular Monitoring: Advanced analytics tools can continuously monitor market conditions and portfolio performance, providing real-time insights that can prompt strategic adjustments.
9. Professional Advice: Analytics can assist financial advisors in creating personalised investment strategies for clients by analysing their financial history, goals and market conditions.
 

Could you share details about Woxsen University’s stand for empowering future financial professionals and building one of Asia’s largest Bloomberg Finance Lab? 

Training with a Bloomberg Finance Lab offers future finance professionals a unique edge, especially in understanding and applying the abovementioned strategies effectively. This training equips students with a strong technical and analytical foundation, essential for implementing sophisticated investment strategies like those needed when navigating markets at all-time highs. The Bloomberg Finance Lab provides access to the Bloomberg Terminal, a comprehensive platform used extensively by finance professionals worldwide. 

This access allows students to gain hands-on experience with real-time financial market data, news, and analytical tools. They learn to track market movements, analyse financial instruments, and understand economic indicators, all crucial skills for making informed investment decisions. Furthermore, the lab’s environment exposes students to a variety of financial models and simulations, enabling them to analyse complex investment scenarios, assess risks, and predict market trends. Woxsen’s Bloomberg Finance Lab has 20 such terminals, making it one of Asia’s largest. 

What are the key skills that students demonstrate after their training at Woxsen’s Bloomberg Finance Lab? 

There are many skills that come to the fore, including:

◼ Hands-On Experience with Real-Time Data - Students learn to analyse live market data, which is crucial particularly when steering through markets at unprecedented peaks. For fundamental analysis, Bloomberg provides access to a vast array of financial data, including earnings reports, balance-sheets and income statements. Students can evaluate key financial ratios, such as price-earning and debt-equity ratio to assess a company’s financial health.

◼ Global Market Insights - The Bloomberg Terminal provides access to global financial data, offering students insights into how international markets operate. This global perspective is crucial for understanding how events in one part of the world can impact markets elsewhere, thereby aiding in developing a more holistic investment strategy.
 
◼ Advanced Analytical Skills - Students learn to use Bloomberg’s advanced analytical tools for comprehensive market and investment analysis. They can effectively use the Bloomberg Terminal to get a through understanding of charting tools and various other technical indicators. They can analyse historical price trends, identify support and resistance levels, and use technical indicators like moving averages and relative strength index (RSI) to assess the market’s momentum.

◼ Real-Time Decision Making - The dynamic and fast-paced environment of the Bloomberg Finance Lab simulates real-world financial markets. This experience trains students in making quick, informed decisions – a skill invaluable during volatile or peak market conditions.
 
◼ Advanced Communication Skills - The ability to interpret and communicate complex financial information is one of the key outcomes of training at a Bloomberg Lab. Students learn to create reports and presentations based on their analysis – a skill essential for roles in finance where they need to communicate strategies and insights to clients or team members.

◼ Ethical Standards and Regulatory Compliance - Understanding the importance of ethics and compliance in financial dealings. This knowledge is critical in ensuring adherence and maintaining integrity in financial operations.

◼ Networking and Industry Insights - The Bloomberg Finance Lab often hosts guest lectures and workshops by industry professionals. These events provide students with networking opportunities and insights into current industry trends and challenges.

◼ Career Preparedness - Familiarity with the Bloomberg Terminal enhances employability in finance-related careers as it is a sought-after skill. The practical experience gained can significantly boost a student’s resume, making them more attractive to potential employers. 

Moreover, Bloomberg’s screening tools enable students to filter stocks based on specific criteria, helping them identify potential investment opportunities even when markets are at an all-time high. Through Bloomberg’s educational resources and certification programs, students can deepen their understanding of financial markets and refine their analytical skills to spot highly rewarding investment opportunities. These skills are indispensible in the finance sector, especially in navigating complex market scenarios.
 

Decoding the Future of New Age Workforce 


DR. D. Y. PATIL VIDYAPEETH GLOBAL BUSINESS SCHOOL & RESEARCH CENTRE 


While the World gets older, India is getting younger. India’s growth in the next 25 years will be determined by the sustenance of the digital revolution we are witnessing today. It is reflected in the industry also with Gen Z and Millennials accounting for majority of the workforce. This new age work force wants culture, learning and growth in addition to company’s brand. Key Drivers for continuing in an organization are Job Satisfaction, Good Working Environment, Financial Benefits, Career Growth and Non-Financial benefits like Learning and Development. Also to the expectations of new age corporate world are also new and equally challenging. Each industry is responding differently to the post-pandemic new normal. Training, modern management practices and new age inputs to fresh graduates can help these new graduates to overcome challenges of the new normal. Industry today needs heterogeneous workforce ready to face challenges of new era. 

The significant supply and demand gap in both skills and workers has highlighted the role of Institutes play in ensuring smooth supply of skilled, trained workforce. The pandemic underscored the importance of a skills-based talent model and agile work design in building the workforce of the future. In today’s fast-changing world, corporate world need fresh skilled and tech savvy talent. We are in an era when knowledge is expanding at an unprecedented rate. Workers with conventional knowledge sets find it harder to keep up with new trends in technology every year. Managers today are required to confront new realities of business. In the future, the most high-value work will be cognitive in nature. Employees will have to apply creativity, critical thinking and constant digital upskilling to solve complex problems and as they rise in ladder will have to take policy decisions which may have far reaching consequences. 

The digital era demands new ideas, information and business models that continually expand, combine and shift into new ventures. The fresh Graduates are required to gain and refresh their digital concepts to meet these challenges. In this situation a career in management may be rewarding and profitable, it also has its challenges. 

Dr. P. D. Patil
Chancellor
Dr. D. Y. Patil Vidyapeeth,Pune

Dr. D. Y. Patil Vidyapeeth’s Global Business School & Research Centre comes as a ray of hope for students who aspire to make a mark in Business world. We at Global Business School & Research Centre, believe that quality learning is the key to unlock student’s full potential and decoding him for technology driven corporate world. To achieve this we have smart classrooms, experienced faculties, state of the art facilities and cutting edge resources. 

An MBA degree has several advantages for both personal and professional reasons. MBA degree from Dr. D. Y. Patil Vidyapeeth helps the students to develop management and technological skills to meet the challenges of new era. Focusing more on practical exposure makes students better at the hands on application of thoughts rather than theory only. The curriculum is revised and upgraded every year by the advisory board comprising renowned academicians and industry experts to ensure the industry standards are catered with best suitable professionals. 

We are proud that we have tie-ups with several conglomerates like Tata Technologies, Bosch, Bombay Stock Exchange and Ball-State University. Through MoU with edX, we offer more than hundred certification courses of Harvard University, Columbia University, New York Institute of Finance, Rochester Institute of Technology, Massachusetts Institute of Technology, IIM’s and IIT’s of India. 

Dr. D. Y. Patil Vidyapeeth (DPU), Pune, sponsored by Dr. D. Y. Patil Vidyapeeth Society, Pune, was declared as “Deemed-to-be-University” under Section 3 of UGC Act 1956 in 2003. From a humble beginning with one constituent unit i.e. Dr. D. Y. Patil Medical College, Hospital and Research Centre, Pune; DPU over the last 20 years has grown exponentially. DPU has achieved significant academic growth and development in the field of professional and health sciences education over the last two decades. The Dr. D. Y. Patil Vidyapeeth, Pune has been reaccredited (3rd Cycle) by the National Assessment and Accreditation Council (NAAC) with ‘A++’ Grade with CGPA of 3.64 on 4 point scale. DPU was declared as category 1 University under graded autonomy regulations, 2018 by University Grants’ Commissions (UGC). Under National Institutional Ranking Framework (NIRF) 2023, conducted by Ministry of Human Resource Development (MHRD), New Delhi, the Dr. D. Y. Patil Vidyapeeth, Pune has achieved 46th rank in University Category. 

We at GBSRC take special efforts to inculcate new skills into future managers. Students are trained not only on management skills but also new skills required to face challenges of digital era, this includes course on Digital Marketing, Advance Excel etc. At GBSRC we invite eminent speakers from all over India to share their expertise in respective domains which helps our students to become Leaders of Digital era. 

In the recent past we have received many awards for our academic excellence which includes Best B-School Award 2020 by Asian Education Summit, New Delhi, GBSRC received Prominent B- School award by CSR 2022. We also featured in Top B-School of India list 2023 by Dalal Street. 

Come join us in the educational journey of your career. 

Best B-Schools in India 2024 

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