The Skill Gap Challenge in India
India's workforce is one of the youngest globally, yet a significant skill gap poses a barrier to employment and economic growth. According to a World Economic Forum report, over 50% of India’s workforce lacks the skills required to meet current industry demands. As industries evolve rapidly with new technologies and business models, educational institutions must align their teaching methods with industry requirements to ensure students are job-ready.
Shanti Business School (SBS), a part of the Chiripal Group, is addressing this challenge head-on. By focusing on practical skill development, an industry-oriented curriculum, and strong corporate linkages, SBS is transforming classrooms into career launchpads. Its comprehensive approach prepares students not only for their first job but for a lifelong career in the ever-changing business landscape.
Practical Skill Development: Moving Beyond Textbooks
Traditional business schools in India often emphasise theoretical knowledge, leaving students ill-prepared for the realities of the corporate world. Shanti Business School addresses this gap by integrating practical applications into its curriculum.
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Industry-Aligned Curriculum:
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The curriculum at SBS is developed in consultation with industry leaders, ensuring it is relevant and aligned with current market needs. Case studies, simulations, and live projects form an integral part of learning, enabling students to apply theoretical knowledge to real-world scenarios effectively.
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Certifications and Specialized Courses:
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Recognising the value of certifications, SBS offers specialized courses in data analytics, digital marketing, financial management, and supply chain management. These certifications, recognized by industry experts, give students a competitive edge in the job market.
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Skill Development Labs:
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SBS has established dedicated skill labs focusing on business analytics, negotiation skills, and digital marketing. These labs provide students with hands-on experience, helping them master skills that are in high demand by employers.
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The focus on practical skills ensures that SBS graduates can seamlessly transition from academic settings to corporate environments, equipped with both technical and soft skills required to thrive.
Career-Oriented Programs: Preparing for the Future
In a highly competitive job market, having industry-specific skills is crucial. Shanti Business School offers a range of career-oriented programs that align with the evolving needs of employers.
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Management Development Programs (MDPs):
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Designed for both students and working professionals, MDPs focus on leadership, strategic thinking, and project management. These programs help bridge the gap between management theory and practice, preparing students for mid-to-senior management roles.
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Entrepreneurship Cell:
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Understanding the rise of startups and entrepreneurship, SBS has established an Entrepreneurship Cell that supports aspiring entrepreneurs. From business plan competitions to mentorship by successful entrepreneurs, the cell provides a platform for students to test and refine their business ideas.
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Internships and Corporate Projects:
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Internships are mandatory at SBS, ensuring that every student gains hands-on experience in their chosen field. Corporate projects and industry visits further help students understand market dynamics and business strategies, making them more employable.
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By focusing on career-oriented programs, SBS ensures that its students are not only job-ready but also equipped to adapt to different roles and industries throughout their careers.
Soft Skills Training: The Corporate Edge
In addition to technical expertise, SBS places a strong emphasis on soft skills training to ensure that students are well-rounded professionals.
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Leadership and Communication Skills:
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Leadership workshops, presentations, and group discussions are an essential part of the SBS curriculum. These activities help students build confidence and improve their communication skills—both of which are crucial for managerial roles.
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Emotional Intelligence and Team Management:
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Courses on emotional intelligence and team dynamics prepare students to handle workplace challenges effectively. Understanding and managing emotions in a professional setting greatly enhance team collaboration and productivity.
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Mock Interviews and Placement Preparation:
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The Career Development Cell at SBS conducts mock interviews, resume-building workshops, and aptitude tests to prepare students for campus placements. Personalized feedback ensures continuous improvement, boosting students' confidence during actual interviews.
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The emphasis on soft skills ensures that SBS graduates not only possess technical expertise but also have the interpersonal skills required to succeed in corporate environments.
Corporate Partnerships: Building a Strong Network
Shanti Business School has established strong partnerships with various industries to facilitate placements, internships, and real-world learning opportunities.
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Live Projects with Industry Leaders:
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SBS collaborates with companies across sectors to offer live projects that allow students to work on actual business challenges. These projects help students gain practical insights and prepare them for the complexities of the corporate world.
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Guest Lectures and Panel Discussions:
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Regular guest lectures and panel discussions with industry leaders expose students to the latest trends, challenges, and best practices. These interactions help students gain diverse perspectives and make informed career choices.
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Certifications and Corporate Training:
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In partnership with corporate bodies, SBS offers specialized certifications in Six Sigma, financial modeling, and business analytics. These certifications not only add value to students' resumes but also enhance their employability.
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By building a strong corporate network, SBS ensures that its students have access to top-notch placement opportunities and industry exposure.
Success Stories: From Campus to Corporate
The effectiveness of Shanti Business School's approach is evident in the success of its alumni network.
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Alumni Achievements:
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Many SBS alumni hold key positions in leading organizations across sectors like banking, FMCG, IT, and consulting. Their success stories are a testament to the practical learning and skill development at SBS.
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Placement Success:
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SBS has a strong track record of placements, with students securing roles in reputed companies even before graduating. The average placement package and the diversity of roles offered highlight the effectiveness of SBS’s career-oriented approach.
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By building a strong corporate network, SBS ensures that its students have access to top-notch placement opportunities and industry exposure.
Conclusion: Building a Skilled Workforce for the Future
By focusing on practical skills, industry alignment, and holistic development, Shanti Business School,Top PGDM College in Ahmedabad is setting new standards in business education. The institution's comprehensive approach not only bridges the skill gap but also prepares students for leadership roles in a rapidly evolving business landscape.