PGP-IRE - A Groundbreaking Certificate Program Integrated Into GIBS' PGPM Curriculum

In a rapidly evolving business landscape, the demand for innovative thinkers and entrepreneurial leaders has never been greater. Global Institute of Business Studies (GIBS), known as one of the Top PGDM Colleges in Bangalore, understands the significance of fostering innovation, research, and entrepreneurship. To cater to this need, GIBS offers a revolutionary program known as the Post Graduate Program in Innovation, Research & Entrepreneurship (PGP-IRE), as part of its Post Graduate Program in Management (PGPM). Let's dive into this transformative journey that equips students with the skills and mindset needed to excel in the world of business.

The PGP-IRE Program Overview:

The PGP-IRE is a groundbreaking certificate program integrated into GIBS' PGPM curriculum. It is designed to nurture the entrepreneurial spirit within students and provide them with the tools to innovate, conduct meaningful research, and embark on their entrepreneurial journey. This program is a testament to GIBS' commitment to preparing students not just for jobs but for creating jobs and becoming leaders in their own right.

The Three-Trimester Journey: The PGP-IRE program spans three trimesters, each with a unique focus that builds upon the previous one.

Trimester I: Idea Generation and Idea Finalization

• Group Division: Students are divided into groups, encouraging collaborative learning and teamwork.
• Facilitators and Experiential Learning: Expert facilitators guide students through experiential learning, providing hands-on experience in ideation.
• Concept Selection and Viable Idea Generation: Students refine their ideas and select viable concepts, setting the stage for the next phase.

Trimester II: Idea Conversion and Working on the Prototype

• Refreshing Trimester I and Fine-Tuning of the Finalized Idea: Students revisit and fine-tune their ideas, ensuring they are robust and practical.
• Testing and Iteration of the Concept: The iterative process begins, where students test their concepts and make improvements based on feedback.
• Entrepreneurs Interview: Students have the opportunity to learn from successful entrepreneurs, gaining valuable insights into the entrepreneurial mindset.

Trimester III: Final Prototype

• Conversion of the Idea into a Final Product Prototype: This phase marks the culmination of the program, where students transform their ideas into tangible product prototypes.
• Submission of Published Research Paper: As part of the academic rigor, students are required to submit a research paper, contributing to the body of knowledge in innovation, research, or entrepreneurship.

Evaluation and Recognition:

The PGP-IRE program concludes with two significant events that showcase students' achievements:

IRE Conference:

At the IRE Conference, which takes place at a prestigious five-star hotel, students present their business plans to a panel of experts and entrepreneurs. This platform not only provides students with valuable feedback but also promotes their start-up ventures. It's an opportunity to receive recognition for their hard work and dedication.

IRE Degree Convocation:

The ultimate recognition comes at the IRE Convocation ceremony, where students are awarded the IRE degree. This is a symbol of their readiness to embark on entrepreneurial journeys and make meaningful contributions to the world of business.

The Practical and Hands-On Approach:

One of the key highlights of the PGP-IRE program is its practical and hands-on nature. By focusing on converting ideas into final product prototypes, the program emphasizes the importance of execution and practical application. This prepares students not only to think innovatively but also to bring their ideas to fruition, a crucial skill in the entrepreneurial world.

The Academic Emphasis:

While the program is practical, it also maintains a strong academic foundation. The requirement to submit a research paper underscores the importance of academic research and scholarly competencies. It allows students to delve deeper into their chosen area of interest within innovation, research, or entrepreneurship and contribute to the academic community's knowledge pool.

In conclusion, GIBS' PGPM with PGP-IRE is not just a program; it's a transformative journey. It equips students with the skills, knowledge, and mindset needed to thrive in today's competitive business world. As one of the Top 10 PGDM Colleges in Bangalore, GIBS continues to pave the way for the next generation of innovators and entrepreneurs. If you're looking to embark on an entrepreneurial journey or simply want to develop a cutting-edge mindset, the PGP-IRE program at GIBS is your pathway to success. Join us and become a part of the future of business innovation and leadership!