Established in 1995 by Lal Bahadur Shastri Educational Society, Lal Bahadur Shastri Institute of Management is a premier institute with the purpose of developing professionals with ‘Vision & Versatility’ in accordance with ‘Ethics’, ‘Values’, and Principles’ of Shri Lal Bahadur Shastri. The Institute has strived for providing value-based learning to the management students to acquire essential skill-sets for their future organisational positions.
A will-do Attitude
Innovation and Experimentation are two significant factors for growth and the Institute has inculcated various student-oriented activities such as management conventions, business plan competitions, talks by leading professionals, cultural events to prepare them for their leadership roles. These events enrich the educational journey of the students by making them appreciate the value of other student’s perspectives, sharing of ideas and work as a team.
The faculty also focuses highly on imparting knowledge by exposing students to Interactive and participative classroom sessions to enhance their critical and intellectual thinking to solve problems through case studies, up to date curriculum, guest lectures and management development programs.
The Programs Offered are:
1) Post Graduate Diploma in Management (PGDM)
The Program is structured to enhance the managerial and leadership skills by providing a stimulating environment through case studies, experiential learning, industry interface, and research projects. The goal is the holistic development of the students and harnesses their potential. The other objective is to develop awareness about business ethics, corporate social responsibility and become a socially responsible citizen.
2) Post Graduate Diploma in Management (Finance)
The Post-Graduate Diploma in Management (Finance) program is designed to equip students to develop strong analytical and critical thinking skills. The core objective is to have a deeper knowledge about the financial world. The Institute has established Bloomberg Finance Lab to offer first-hand experience of the financial markets.
Multiple Student- Oriented Initiatives taken by the Institute
Prepare students for Placements - LBS Corporate Relations Cell (LBS CRC)
Placements are an important part of management students and the Institute has an excellent record of placements. Special efforts are made to prepare the students for placement process by dedicating a cell called ‘LBS Corporate Relations Cell’ (LBS CRC). The CRC conducts various training activities to prepare the students for placement process. The cell also invited industry elites to share their experiences with the students.
Achieve growth in business with - The LBS Entrepreneurial and Incubation Centre (LBSEIC)
Students are the upcoming leaders who will contribute to nation’s economy. They must have leadership and entrepreneurial qualities to be successful managers. The purpose is to increase the chances of start-up businesses with a judicious blend of innovation and entrepreneurship qualities. The center concentrates highly on skill-sets and knowledge of the students to make strategies for start-ups and tackle the challenges to establish and grow their businesses.
Manage Risk with - LBS Risk Management Centre (LBSRMC)
“The essence of risk management lies in maximizing the areas where we have some control over the outcome while minimizing the areas where we have absolutely no control over the outcome”- Peter L. Bernstein
The motive of this centre is to groom future leaders to meet the challenges of risk management with a distinct focus on research, training, education, and consultancy. The dynamic nature of business requires effective managerial capabilities and governance to tackle risks. This center aims to establish international standards by developing innovative and effective quantitative tools and strategies. It is imperative to predict, design strategies to minimize the negative consequences and maximize the positive ones.
One-to-one interaction - LBS Mentor-Mentee Programme
“Mentoring is a brain to pick, an ear to listen, and a push in the right direction”- John C. Crosby
This programme aids in the professional and personal development of the students through one-to-one interaction. The experience and expertise of faculty mentors provide mentorship by assessing the strengths and weaknesses of the students. They also impart knowledge in various areas such as entrepreneurship, industry/domain expertise.
Hands-on Experience - Bloomberg Finance Lab
Apart from various student- oriented initiatives, the institute has set up a finance lab with the support of Bloomberg India. The lab consists of 12 Bloomberg terminals to facilitate the real experience with the live data feed from international financial markets. The visual data feed introduced through Bloomberg Market Concepts (BMC) provides a better understanding of the financial markets and an edge in today’s competitive business environment.
A collaboration - IBM Analytics Lab
LBSIM has teamed-up with IBM to set up an Analytic Lab at the Institute with latest software applications to facilitate the practical experience for the students as well as faculty members. The lab aims to flourish skills in the areas of Big Data Analytics, Predictive Analytics, Descriptive Analytics.
Lal Bahadur Shastri Institute of Management (LBSIM) is a member of AACSB (Association to Advance Collegiate School of Business), which is ranked as one of the top most accreditation agencies for the management school.
National Board of Accreditation (NBA) has accredited following courses: PGDM General, PGDM Finance.
International Accreditation Organization (IAO), USA, has accredited following courses for a period of 5 years, w.e.f. 17-04-2013: -PGDM General, PGDM Finance, PGDM-Part Time, PGDM (Working Executives) and MCA.
The Association of Indian Universities (AIU) has recognized the Two Year Full-Time PGDM (General) and PGDM (Finance) as equivalent to MBA Degree from any Indian University.
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