New B-school to offer affordable management education; ties-up with Annamalai University

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Updated on July 25, 2016
BBA and MBA programs to be offered from the current academic year

BBA and MBA programs to be offered from the current academic year

Newly launched Gurgaon based First India School of Business (FISB) aims to offer “world class management education at affordable prices”. FISB is an initiative of alumni from Indian Institute of Management, Xavier Labour and Relations Institute, industrialists, managing directors and senior professors. According to Mr. Kamlesh Vyas, Director, FISB, “The institute has been set up on non-commercial principles and will undertake philanthropic initiatives and other initiatives of social and national importance.” Mr. Vyas informed that a group of 13 people including a governor, six managing directors, three senior government officers and three senior professors have joined hands for this venture.

FISB provides BBA and MBA courses on both full time and part time basis. FISB, Gurgaon, and Annamalai University will sign a MoU for BBA and MBA programs and have started the current academic year at the FISB campus on May 18, 2009.

While the BBA is for the regular students, the MBA caters to the educational needs of the working executives.  Basic skills like corporate etiquette, communication as well as operational skills like team work, IT and analytical skills will be developed among the students. Exposure to foreign as well as Indian industry by providing internships, industry tour, corporate projects and 30 per cent of the teaching by industry professions as well as international faculty and foreign tours is provided.

“Both the BBA and MBA courses are provided in regular and executive mode- the latter catering to the management education needs of the working executives,” said Mr. Vyas.

When Mr. Vyas was asked about his goals as the Director of FISB, he said, “Our vision is to create Global Business leaders. We would like to take on talented students including those who are from rural backgrounds, non-metros and lower middle class in order to create global managers at affordable fee.”

FISB also aims to open new campuses in Delhi and Noida in near future.