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PGPIRE Program
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.
About PGPIRE
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.
PGPIRE CURRICULUM
Trimester 1
Idea generation and idea finalization
- Group Division
- Facilitators and Experiential Learning
- Concept Selection and Viable Idea Generation
Trimester 2
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
Trimester 3
Final prototype
- Conversion of the Idea into a Final Product Prototype
- Submission of Published Research Paper
Evaluation
IRE Conference
- 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.
PGPIRE Degree
IRE Convocation
- 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 | ||||
| Attendance | 5 | ||||
| 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 | |||
| Attendance | 5 | ||||
| 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.
Why PGPIRE:
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.
GIBS IRE School Testimonial
IRE Program is a very unique and impressive idea. It can help shape the student's minds and ideologies, from the way we think and the way we act or respond to a situation, every single aspect which can draw us to a better side of everything. This particular program is mainly focused on building strong minds and enhances the ability to think out of the box. Educating students on entrepreneurship and innovation, and how it works is what personally excites me. This program lays a path for all the future aspirants of high-level positions or entrepreneurs, to rediscover the IRE to a point of a whole new level.
E Sai Pratima Gayatri
PGDM 2021-23
IRE stands for innovation, research, and entrepreneurship. It is a school of thought which has been specially introduced by GIBS for the betterment of the management students. It is a unique developed by the esteemed institute which is the first of its kind in the entire country. I, as an individual feel that IRE takes the curriculum as a whole to the next level because the activities not only involve quick thinking and brainstorming but also provides us with the hands-on experience wherein lies the core value of the initiative. Hence IRE proves to be an asset when it comes to being future-ready.
Pratistha Sharma
PGDM 2021-23
IRE (Innovation, Research, Entrepreneurship) School is one of the elements that make me stand different in the crowd. Innovation taught me how to bridge a gap between the problems by providing a better solution or by improvising the existing solution, In Research I learned various tools like Jamovi, Zotero, and R language. Entrepreneurship taught me how to monetize the idea, I learned about sales pitches, community building etc. The task assigned during IRE school made me be a team player as well I learned to lead my team. It was a wonderful experience I gained in this journey and I would like to thank GIBS for this opportunity.
Neha Sri
PGDM 2020-22
No degree is complete if you are not innovative enough, do not know how to perform in-depth research, and have the essential experience to perform tasks assigned to you. GIBS is one college that ensures you excel in each of these areas. Giving students a blank slate to let their thoughts run wild and fill the slate by their vivid imaginations of a product that is not yet available or released into the market, assigning students with distinctive topics to research on and come up with a comprehensive, exhaustive & elaborate report of their findings, dividing a class into groups. Every student with equal skillset & chisel us into industry-ready professionals.
Mudrit Sood
PGDM 2021-23
To begin with it was a great experience having the course of IRE with the best trainers for us. In the era of startups and innovation IRE was a helpful tool for all of us. In a way, it gave us proper guidance and proper shape to present ourselves in this competitive world. IRE all the three had a strong and positive impact on us. IRE guided us and cleared our path in the innovative world also helped us teaching the important tools that can be used in the corporate world. On the other part, we have Finishing School which is another plus point for us to take up, hoping we will completely grab the knowledge and become the best version of ourselves.
Nidhi
PGDM 2020-22
In an era where Innovation, Research & Entrepreneurship are the buzzes, GIBS has given us the opportunity to be a part of the three major pillars I.R.E and have a depth understanding of the same. IRE has definitely made us think out of the box & step into the world of the 21st century with a broader mind. For a first-generation wannabe entrepreneur like myself who’s learning, acquiring new skills & taking risks to create new businesses and opportunities…this program is like a blessing to me.
Amit Panikar
PGDM 2020-22
