What if you could take up live projects during your MBA? Don't you think that’s a better way to learn and gain real experience? With Industry 4.0, the industry landscape is rapidly changing. By working on live projects with industry executives, students get a glimpse into how the corporate world functions, the real workings of industry 4.0, and much more. Understanding the value of such a practice, IFIM Bangalore has come up with a unique program which gives its students the opportunity to utilize everything they learn in classrooms, and apply it to real corporate problems! Learn more about this program in this video.
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So what is Learning by Solving? It is a practice where students from IFIM are connected to partner companies in Bangalore, and are made to work on developing solutions to real problems that the companies are facing. In this video, we spoke to the Director of IFIM, Dr. Atish Chattopadhyay, and professors, Dr. Asit K Barma, and Prof. Prashant Goyal about this unique program designed by IFIM to prepare their students for their careers.
Key Takeaways:
- Industry 4.0 is growing at a rapid pace. Students need to update their skills to match up to the industry’s requirements. Integrating this into a B-School’s pedagogy is very beneficial for students.
- Live projects are the best way for students to get real experience. Not only do they get an opportunity to apply marketing concepts to real life problems, they also get a glimpse of how the industry functions, first hand.
- With Industry 4.0, the importance of data is on the rise. To be better acquainted with how to handle data, it is essential that you are acquainted with research.
- Through the Learning by Solutions Program at IFIM, Students get a chance to work with industry professionals on developing real solutions, which can be implemented by companies to solve problems. This gives them real experience, which is extremely advantageous for them.