IRE CENTRE OF EXCELLENCE
GIBS IRE (Innovation, Research and Entrepreneurship) School is a complete action-learning school. Every Friday is dedicated to the IRE school that comprises of an Innovation Lab, Research Lab and Entrepreneurship Lab. IRE School trains and equips the first year PGDM students on Innovation, Research and Entrepreneurship through activities, workshops, expert sessions, and many more. The evaluation will be on innovative product / concept / ideas / real-time research / business plans developed by the student.
A revolutionary certificate programme on Post Graduate Program in Innovation, Research & Entrepreneurship (PGPIRE) is being offered to students at GIBS. Every Friday, the GIBS IRE (Innovation, Research and Entrepreneurship) School offers classes through workshops, expert sessions and other activities that prepare students for their entrepreneurial path. Over the course of three trimesters, this course is for a total of 18 credits.
Idea generation and idea finalization
- Group Division
- Facilitators and Experiential Learning
- Concept Selection and Viable Idea Generation
Idea conversion and working on the prototype
- Refreshing Trimester I and Fine-Tuning of the Finalized Idea
- Testing and Iteration of the Concept
- Entrepreneurs Interview
- Conversion of the Idea into a Final Product Prototype
- Submission of Published Research Paper
- At the IRE Conference, which will take place at a five-star hotel and feature many entrepreneurs who will promote the students’ start-ups, each PGDM student is required to submit their business plan to a jury.
- The PGPIRE degree will be given to the student at the IRE convocation ceremony.
The focus on converting the idea into a final product prototype highlights the practical and hands-on nature of the GIBS PGPIRE program. By providing students with the opportunity to develop a tangible product prototype, the program aims to enhance their entrepreneurial and innovation skills, as well as their ability to bring ideas to fruition.
Additionally, the submission of a research paper emphasizes the importance of academic research and the development of scholarly competencies. It allows students to delve deeper into a specific area of interest within the field of innovation, research, or entrepreneurship and contribute to the existing body of knowledge.
Important Note: The Research paper has to be published in UGC / ABDC / EBSCO /SCOPUS with the membership of a faculty member as a co-author.
Evaluation Criteria for PGPIRE
|Evaluation Criteria for PGPIRE|
|Particulars||Internal Evaluation||Internal Marks||Term End Evaluation||Assessment Marks||Evaluation by|
|Trimester 1: Foundational|
|Innovation-I, Research-I, Entrepreneurship-I||CE1||15||Website Launch||35||Internal Team of IRE|
|Mid-term Assessment (CE2)||25||Level 1 Business Plan Presentation without the prototype|
|Fieldwork (CE 3)||20|
|Trimester 2: Intermediate|
|Innovation-II, Research-II, Entrepreneurship-II||CE1||15||1. Updated website||35||Internal team of IRE|
|Mid-term Assessment||25||2. Level 2 Business Plan Presentation|
|Fieldwork||20||3. First version of the prototype|
|Trimester 3: Advanced|
|Innovation-III, Research-III, Entrepreneurship-III||CE1||15||1. Final Website||35||Internal Team + External Experts|
|Mid-term Assessment||25||2. Final Business Plan presentation|
|Fieldwork||20||3. Promo video/Product demo video|
|Attendance||5||4. Final Prototype|
At the IRE Conference, which will take place at a five-star hotel and feature many entrepreneurs who will promote the students’ start-ups, each PGDM student is required to submit their business plan to a jury.
IRE at GIBS provides students with a unique opportunity to develop essential skills and knowledge in innovation, research and entrepreneurship, which are crucial for success in the business world. Through hands-on activities, workshops, and expert sessions, students gain practical experience and exposure to the latest trends and practices.
- Cultivating an entrepreneurial mindset
- Enhancing critical thinking and problem-solving abilities
- Idea generation and prototyping
- Experiencing learning through practical activities
- Keeping up with the latest trends and practices
- Developing market research and analysis skills
- Fostering effective communication and presentation skills
- Networking and collaboration with industry experts
- Preparing for entrepreneurial ventures and leadership roles
IRE at GIBS empowers PGDM and BBA students with the necessary tools and skills to excel in their careers, whether they choose to become entrepreneurs or pursue corporate roles. It bridges the gap between theoretical knowledge and practical application, preparing students to navigate the challenges of the business world with confidence and innovation.