Post Graduate Program in Business Administration - Based on the German Dual System of Training
* Career decisions are difficult. Even for the best of us.
* When the training is with a brand you admire…
* you transcend from a difficult choice to a dream opportunity!
Indo-German Chamber of Commerce
• Non-profit organization, established in 1956 and registered under Section 25 of the Companies’ Act 1956.
• Largest bi-national Chamber of Commerce in India with over 6700 German and Indian member companies across diverse sectors.
• Part of the Association of German Chambers of Commerce and Industry (DIHK) located in Berlin, Germany and the worldwide network of 120 Chamber offices in 80 countries.
• Head office in Mumbai, branch offices in New Delhi, Chennai, Kolkata, Bangalore and Pune, and a liaison office in Düsseldorf, Germany.
• India Desks in Chambers of Commerce and Industry (IHKs) in 15 metros in Germany, in German Chambers of Commerce (AHKs) in 8 countries and honorary representatives in most major cities in India.
• Significant catalyst for the promotion of trade and industrial relations between India and Germany.
Indo-German Training Centre
• Indo-German Training Centre, Mumbai established in 1991 followed by the IGTC, Chennai in 2005 and the IGTC, Bangalore in 2008
• Training wing of the Indo-German Chamber of Commerce (IGCC) that conducts business administration programs to nurture existing and future managerial talent for the IGCC member companies.
• Functions in close coordination with IGCC member companies to periodically assess and understand their training needs and to provide training solutions.
• Fully air-conditioned, WiFi enabled training facility with a well-equipped library and membership to the British Council Library in Mumbai, Chennai and Bangalore, and the Indian Merchants’ Chamber Library in Mumbai.
• Cumulative strength of 100 trainees per batch across three centres (40 in Mumbai, 30 each in Chennai and Bangalore).
Post Graduate Program in Business Administration
IGTC introduces a new qualitative dimension in business administration education through its 18-months, full-time Post Graduate Program in Business Administration based on the famed German Dual System of Training.
It is a model wherein the corporates are both, a destination for the students and a full partner in their education. They are involved at every stage - in the selection process, curriculum design, and development, practical training and mentoring, and final recruitment.
World-class German and Indian companies that are active training partners and final recruiters include Auma, Bajaj Allianz, BASF, Bayer, Bosch, DHL Express, Dorma, Fuchs Lubricants, Lanxess, Merck, Metro, Siemens, Volkswagen, among many others.
Program Highlights:
* 18-months, practice-oriented, full-time business administration program based on the German Dual System
* Admission based on the preferences of a participating companies
* Four phases of theoretical learning at IGTC combined with three phases of hands-on practical training at the participating company
* Contemporary general management curriculum, encompassing the complete spectrum of business education, delivered by experts from industry and academia
* Dr. Günter Krüger Award for Excellence awarded to the Best Performing Student
* German Language taught as a part of the curriculum
* Personalized learning environment due to small batch size
* 100% placement record with 500+ successful alumni
* Most importantly, the privilege to belong to the exclusive Indo-German Chamber of Commerce network
Academic Calendar:
| |
Theoretical Learning |
Practical Training |
| Phase I |
August – December |
January – February |
| Phase II |
March – May |
June – July |
| Phase III |
August – October |
November – December |
Placements
IGTC’s ability to consistently produce holistic managerial talent, capable of matching and surpassing the best, is reaffirmed by every year’s 100% placement record.
The placement process is initiated by the training companies being given the first preference to recruit their respective trainees. The company assesses the trainee’s overall work performance through the three stints of practical training, his career interests and job profiles available within the organization to find a suitable employment opportunity. In many cases, this proves to be a win-win for both, as the company gains a hands-on employee already well-oriented to the organization, while the student gains a stable career.
In cases, wherein the training process does not culminate into a meaningful placement, the students are assisted with the process of applying for recruitment to various other organizations within the vast Indo-German Chamber of Commerce network.
Eligibility and Selection Criteria
* Fresh / experienced graduates and company-sponsored candidates with over 50% aggregate marks in their graduation can apply.
* Stage I - IGTC Written Test* followed by Group Discussions
* Stage II - Personal Interviews with participating companies
*IGTC Written Test includes Verbal Ability, Quantitative Ability, Logical/ Analytical Reasoning, General Awareness, Written Communication
Application Procedure
Students can download the application form from www.igtcindia.com or alternatively purchase it from any of the Indo-German Training Centres or Indo-German Chamber of Commerce offices.
The cost of the application form and prospectus is Rs. 1000/-. Payments are accepted in cash/demand draft only, drawn in favor of the ‘Indo-German Training Centre’.
All forms must be returned to the respective Centres, clearly indicating the preferred location – Mumbai, Chennai or Bangalore.
Program Fees
The program fee is Rs. 2,00,000/-.
Every student is expected to carry his/her own laptop throughout the program, for effective learning during theoretical as well as practical training phases.
Timelines
Particulars : Admissions Open For Batch 2009-2011 - Timelines : November 2008
Particulars : Last Date of Submission of Application Forms - Timelines : 30th April 2008
Particulars : Written Test - Timelines : May 2009
Particulars : Personal Interviews - Timelines : June 2009
Particulars : Program Commences - Timelines : August 2009
Contact Details
Mumbai: 2 – B, Vulcan Insurance Building, 2nd Floor, Veer Nariman Road, Churchgate, Mumbai 400 020. Tel No: +91-22-22822002 / 22834773 Email: mumbai@igtcindia.com
Chennai: German Centre, New No. 32, G. N. Chetty Road, T. Nagar, Chennai 600 017. Tel No: +91-44-28340107 / 28340067 Email: chennai@igtcindia.com
Bangalore: 304, Shah Sultan, 3rd floor, Cunningham Road, Bangalore - 560 052. Tel No: +91-80-40926130 / 40926110 Email: bangalore@igtcindia.com
Website: www.igtcindia.com
Article on the Training Centre
The Indo-German Training Centre Corporate India’s solution for future managerial talent
Over the past two decades, it is a widely recognized fact that the Indian economy is on the rise. This in turn has affected a rapid expansion of the higher education system with student enrolment growing at about five percent annually. At present, India has more than 15,000 colleges and just fewer than 10 million students, with increasing impetus noted in professional areas - especially engineering, management and medicine. Nevertheless, the demand of the companies for such qualified and trained professionals far exceeds the supply.
Another growing cause of concern among senior management is the lack of industry orientation in the Indian education system. Students in India are every bit as good, or even better, than students anywhere in the world in terms of their knowledge, functional skills, logical and analytical thinking, strategic perspective and vision, but what they lack is the ability to think and act as a manager. This would only happen if the education system was application-oriented. Unfortunately, there is a wide gap between theoretical inputs and practical reality. Most management students graduate completely oblivious to the realities of the corporate world.
A third dimension that needs attention in professional education is the inadequate focus on the grooming and personal development of the student. Language and communication skills, cross-cultural sensitivity, customer service orientation, and behavioural attributes such as personal maturity, ethics, passion, commitment and integrity cannot be adequately addressed in typical, large Indian educational settings.
As a solution to the above mentioned issues, frequently raised by its growing base of member companies, the Indo-German Chamber of Commerce established the first Indo-German Training Centre (IGTC) in Mumbai in 1991, followed by IGTC Chennai in 2005 and now IGTC Bangalore in 2008. IGTC is based on the world-renowned Dual Training System, credited for the success of the German industry globally, wherein the theoretical classes are organized and certified by the Chambers of Commerce while the practical training is imparted by the corporates themselves.
The unique IGTC model
IGTC’s flagship program is the 18-month, intensive full-time Post Graduate Program in Business Administration. Through this program, IGTC facilitates a close interlocking of one year of academic course work and six months of on-the-job training in one learning system, which results into a new qualitative dimension in business administration education. The model functions in close coordination with HR and Training professionals of partnering companies. The partnering company is not only a destination for the trainee/s but also an equal contributor toward developing, shaping and moulding their young minds and spirits toward becoming competent business professionals of the future.
Secondly, the personalized learning environment at IGTC lends itself to a close interaction between the students, the IGTC administration, teaching faculty and training heads of partnering companies. It adds significant depth and breadth to the development of soft skills, thereby grooming students to become young professionals with the right attitude, knowledge and team spirit, along with interpersonal and communication skills to meet the needs of today’s dynamic global business scenario.
Partnering companies
German and Indian companies that are currently actively involved in the model include BASF, Bajaj Allianz, Bayer, Behr India, Bharat Forge Ltd., Bosch, DHL Express, Deutsche Bank, Dorma India, Eirich Transweigh, Endress + Hauser, Epcos India, Fuchs Lubricants, Inverto Sourcing India, HyperCity Retail India, Lanxess, MAN Force Trucks, Merck, Mettler-Toledo, Schwing Stetter, Siemens, Suzlon, Volkswagen, Zensar Technologies among many others.
Selection Process
IGTC and the partnering companies drive the selection process. From a pool of graduate applicants invited by IGTC, the companies discerning select trainee/s on the basis of their aptitude, attitude and perceived employability with the organization on completion of the program. Based on the confirmed endorsements for training from the various participating companies, IGTC admits an exclusive class of 30 – 40 students. Hence, from the beginning of the program, every student has a strong identification and a sense of belonging with his assigned partnering organization.
Program Curriculum
The IGTC program encompasses a general management curriculum that is structured to take students through the complete spectrum of business education. Beginning with the basic skills such as courses on how to give winning presentations, or how a database works, it moves on to foundation courses such as statistics, economics and organizational behavior. Students are then introduced to the major functional areas of business - marketing, accounting, operations, human resources, finance - and ultimately progress toward in-depth study of these areas, both independently and in combination with each other. This holistic approach nurtures professionals who have the ability to keep the big picture in mind while executing their functional role, resulting in greater value additions and deeper insights.
Academic Faculty
The world-class faculty at IGTC personify what it means to be theoretically grounded and practically relevant, by connecting strong academic theories in the classroom to real-world examples and problems facing managers in the business world. The faculty comprises not only academicians, but also industry experts who collaborate and consult with organizations, serve on corporate boards and successfully run their own companies. With intelligence and energy, these multidisciplinary trainers excel at communicating their passion for their respective fields.
Answering questions with a counter question, going deep into the subject matter and building a strong fundamental base is the way of teaching at IGTC. Faculty not only teach the what and how of the subject, but most importantly, the why. They engage students to build knowledge, create understanding in core business principles and nurture sound thinking. They share information, elicit responses, spur dialogues and encourage ideas to compete and people to collaborate. They motivate students to rethink the existing paradigms and strive toward perfection.
Practical Training
In close cooperation with each partnering company, IGTC facilitates the three stints of practical training, customized according to the company’s post-training absorption requirements. This enables the company to critically examine the student's capabilities, potential and suitability for their specific needs. Students gain lateral exposure to diverse functional areas of business management, and opportunities to immediately apply and implement their classroom learning to real time industry projects.
Some of the projects undertaken by the IGTC trainees have been noteworthy. Be it the creation of a City Master Plan for the Shipment Forecast and the implementation of the Zero Defect Programme (Do It Right) at DHL, the identification of Gaps between the Buying and Merchandising (B&M) team and Operations team at HyperCity Retail India Ltd, the Portfolio Analysis for the Key Spend in Raw Materials at Bayer, the study of the Flow of Accounting in SAP (FI Model) and SAP BW for Bosch, the evaluation of Brand Awareness for Dorma India; all projects have added significant value to the partnering organization. Students, in turn, have learnt to work with determination, discipline, maturity and confidentiality. Under an umbrella of unstinted corporate support and industry mentors, they have gained the opportunity to personally develop themselves and to become genuine solution providers in the corporate arena.
Final Placements
The final placement process is initiated by the training company being given the first preference to recruit their respective trainees. The company assesses overall work performance of the trainee/s through the three stints of practical training, their career interests and job profiles available within the organization to find a suitable employment opportunity. In many cases, this proves to be a win-win for both, as the company gets a hands-on employee already well-oriented to the organization, while the trainee/s gets a dream job.
Alumni
The success of the IGTC alumni in multinational organizations is our yardstick for excellence. At present, IGTC has more than 500 successful alumni in different countries around the world - a network that expands steadily with each graduating class. The training centre graduates serve across a wide spectrum of roles, responsibilities, and organizations including consulting, financial services, venture capital, high technology, manufacturing, retail, and consumer products.
Concluding remarks
The IGTC model has been tested across a range of industry verticals, and has met with unanimous success among German and Indian companies in India. It enables the partnering organization to seriously examine and judge the trainee’s capabilities, potential and suitability through six distributed months before committing employment; and to acquire trained human resources, who are in tune with the practical reality of the organization and hence, hands-on from Day 1 of employment. Thus, the dual system effectively sculpts leaders for the future through its unique approach of theory and practice. By collating business fundamentals with corporate synergies, it provides a comprehensive perspective vital for business success and equips young professionals with the complete arsenal to face the toughest of corporate world challenges.
Email from Bina Jacob - bina.jacob@igtcindia.com
Email from Meghna Tana - meghna.tana@igtcindia.com
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