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JGI Idea prospectus for the year 2011
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01 § Our History - Our Histor y
Welcome to
iDEA
You have a life choice to make. You can either choose the beaten path of getting a management degree and securing a job, like millions of others, or you can choose to be one of the distinctive few, who chart their own destinies to become their own masters. You can choose to launch your own business venture ; you can choose to become an entrepreneur !
chairman’s intervieW With Forbes india 01
about JGi 07
become a Global entrepreneur 11
idea at a Glance 15
idea outlook
learn ACADEMIC ExCEllEnCE 21
REAl TIME EDUCATIOn 24
FACUlTY EngAgEMEnT 28
eXperience
EDUCATIOn In A glObAl ECOnOMY 35
WInnIng In THE FlAT WORlD 42
bUsInEss IDEA 2 bUsInEss PlAn 43
create
MAnAgE YOUR OWn COMPAnY 49
JOIn THE JgI nETWORK 51
idea advantage
DIvERsITY In THE ClAss ROOM 54
nETWORKIng WITH EnTREPREnEURs
& InvEsTORs 54
glObAl InCUbATIOn 55
CERTIFICATIOns 55
CAPTIvATIng glObAl CAMPUs 56
EnAblIng lOgIsTICs 61
gET RECOgnIsED 62
DEMOnsTRATED ROI 63
Join idea 67
terms & conditions 70
indeX
01 § Source: Forbes India September 9, 2011
Jia Jain was devastated. In his business, either you have it or you don’t — and the judgement comes pretty early. After all, he’d seen so many swanky restaurants come up on busy streets and as many vanish without a trace. Now, his own fine-dining restaurant — idealistically named 1947 — seemed to be headed towards a painful closure: People didn’t come.
He didn’t turn to his parents or brothers for solace. They were in far-away Assam and he was trying to make it big in Bangalore. In fact, he hadn’t even told them he was starting a
restaurant — he was planning on surprising them. Instead he went to Chenraj Jain.Jain — no relation to Jia Jain — is 50 and an investor in the restaurant. Jia Jain had gone to a university run by Chenraj Jain, and after completing his studies there, he was encouraged by Jain to start his own business. He funded, advised and supported him. With his own parents far away, Chenraj Jain was like a father-figure to Jia Jain.
When Jia Jain approached him with his problems, Jain listened with patience. And
then he spoke about the nature of restaurant business, and the need for patience and perseverance. Jia Jain, however, was worried about the mounting losses. Wouldn’t it be wiser to close the restaurant down, cut the losses, and move on? Chenraj Jain told him not to worry about losses. “The losses are all mine, the profit is yours. Just go for it Jia,” he said.
In the world of Indian entrepreneurs, there is a yawning gap between the traditional and the modern. In small towns across the country, young entrepreneurs depend on a
mentor-mentee relationship with seniors of their community while setting up businesses. They look up to them for motivation, guidance, support and funding. The seniors are happy to provide the same, in part because they too benefited from such help during their early years and in part as an obligation to their community. For instance, in Sivakasi, a printing and fireworks hub in Tamil Nadu, the first major order for a new entrepreneur who sets up a printing press typically comes from a senior businessman from whom the entrepreneur learned the trade.
he’s on a search, Find
and Fund mission
IT’S lIkely THAT you’ve Never HeArd oF CHeNrAJ JAIN. BuT HIS uNIque APProACH To INveSTINg HAS AlreAdy HelPed CreATe over 40 eNTrePreNeurS,
ANd He’S deTermINed To TAke THAT NumBer uP, To 350 By 2015bY n.s. ramnath
Source: Forbes India September 9, 2011 § 02
This is in contrast to the venture capital model made popular by Silicon valley where valuation, due diligence and business models are everything. The investors have definite ideas about return on investments and they never enter without an exit strategy. For their part, the entrepreneurs are happy to take help from a venture capitalist (vC) and tap into his network. But they usually don’t appreciate too much intrusion. many second-time entrepreneurs refuse to have anything to do with vCs. Hurt by the cold formality of their approach, once is one time too many for them.
Chenraj Jain is trying to fill the gap between the traditional and the modern approaches. In the past six to seven years, he’s incubated over 40 businesses, guided by instinct rather than valuation models. He is paternalistic towards his entrepreneurs and provides support through his social and business networks. Together, the businesses he helped create make over rs. 147 crore in revenues every year and employ 3,500 people. Now, he wants to scale up and take the number up to 350 businesses by 2015. In many ways, Jain, who lives in a joint family of 11 in Bangalore’s Cox Town, is like the senior of a community.
He’s propelled by a sense of loyalty and obligation to support young enterpreneurs; except that his ‘mentees’ are drawn from a diverse background, cutting across religions, castes, regions and languages.
For Jain, a philanthropist involved with charitable institutions like the mahaveer Jain Hospital in Bangalore, angel investing is where his family, social and business values converge.
mohandas Pai, till recently a member of the Infosys board, says, “He is the Indian version
of an angel investor with a lot of mentoring and support, where you treat it as a family business and the entrepreneur becomes part of the family. It is not like the Western model of high growth and high return. Here, the person who is mentoring is more important than the investment.”
the earlY daYsChenraj Jain learned the basics of business as a distributor for dhirubhai Ambani’s reliance Industries. He dropped out of school in his teens, joined his family business and worked in a shop in Basavangudi, Bangalore. later, he
Image: Gireesh GV for Forbes India
03 § Source: Forbes India September 9, 2011
moved to a Bombay dyeing showroom as a sales executive.
In April 1976, devraj ranka, a distributor of reliance for karnataka and a family friend took Jain to Ahmedabad and introduced him to Ambani. Jain was very impressed by Ambani’s energy and still remembers the firm handshake he received the first time they met. Some years later, Ambani said he was impressed with Jain’s enthusiasm and business skills. (Jain used to take a lot of interest in organising dealers’ meetings and once achieved a three-year target of setting up a retail network of 300 outlets in Andhra Pradesh in just three months.)
He also learned from Ambani that the key to success was to set a big goal and work
backwards.
While working with reliance, he realised that the best way to get more retailers to sell reliance products was to create more entrepreneurs — by convincing good salesmen to start their own outlets. many were reluctant initially. Jain encouraged them to start small, and display bits (not the full length dress material). In a matter of months, he set up a network of 800 bits’ showrooms. He travelled all over the south, and over time, was dealing with 8,000 customers.
looking at how Ambani operated taught him to look ahead and plan big. “I remember they [reliance] used to think about 2020 in 1980. And I knew if I have to grow big, I have to look far ahead,” Jain says.
When he looked ahead, the school dropout saw a huge demand for education and wanted to set up institutions. But obstacles came in the form of bureaucracy. When he wanted a government permission and found that the ministry was reluctant to give it for no particular reason, he stood outside the minister’s house everyday waiting for his car. “I used to simply stand in front of his house it was my own Satyagraha. eighteen days passed, and he signed the order out of frustration,” Jain says.
Today, Jain group of Institutions includes 59 schools and colleges, employs over 3,000 people and has taught over 30,000 students in the past 20 years.
As someone who works 18-20 hours a day, Jain resumed his education, got a Ph.d from mysore university, and started teaching entrepreneurship to commerce and mBA students. It soon dawned on him that he could do more.
“I came across these really intelligent, hardworking students when I walked around the campus. And I knew instinctively some of them will make great entrepreneurs. They were too young to realise it themselves. They needed some push, encouragement. That is all,” he says.
Jain’s approach to his investments is simple. He looks for passion and ability to work hard. (“In India, ideas are not in short supply,” he says.) He believes in aiming high, but scaling
the three avatars oF chenraJ JainbusinessmanWhen the Avatar was born: 1978.What He Did:dealership with reliance, initially for vimal, and eventually
for other reliance businesses. Promoted the concept of
bit-piece showroom.
Guiding Principle:Best way to expand your retail network is to create small
businessmen.
Idol:dhirubhai Ambani
education entreprenuerWhen the Avatar Was Born:1990What He Did:Started with 36 students, six teachers. Jain group now has 59
institutions — including schools, colleges and centres of excel-
lence—spread across 25 campuses.
Guiding Principle:keeping teachers motivated is the best way to provide quality
education.
Idol:Swami vivekananda
1 2
Source: Forbes India September 9, 2011 § 04
up gradually. The companies span technology, BPo, retail, consulting, financial services but he suggests education, healthcare and hospitality to those who dither. (“They are recession proof”.) He typically takes 30-50 percent stake in a venture, and doesn’t have a fixed time-frame for an exit. What makes this approach stand out further is Jain’s personality. Those who worked with him say he is a motivator, an empathiser, patient to a fault and always generous with his money and with his network.
Abdul Sait, who runs a financial services firm called Basket options and one of the early entrepreneurs Jain funded, says it took just two minutes for Jain to okay his project. As a student, Sait was inspired by a lecture on entrepreneurship by Jain. So, he met Jain after
class one day and told him he wanted to start a brokerage. Pat came the reply with the promise of support. of course, he doesn’t say yes to everyone. He goes by his instincts. mythili P. rao, principal of Jain College’s J.C. road campus in Bangalore, says Jain is exceptional at identifying talent. “He gives the responsibility, and that pushes the person to discover his or her own strength,” she says.
Billiards world champion Pankaj Advani agrees. An alumnus of Jain College, he says Jain has an uncanny knack of identifying talent and making them think big. once, on seeing Advani in the campus, Jain asked him about his billiards practice. At that time, Advani was thinking of making it big at the national level. Jain told him, “you should aim for world
championship.... in two years.” Though it looked like a distant dream then, Advani felt inspired. “What strikes you most about him is his empathy. you always feel here’s a person who understands your aspirations.”
In some cases, Jain uses his own educational institutions as a captive market. If a school comes up in a new place, it creates demand for uniform, shoes, books, notebooks and even transport and an opportunity for an entrepreneur.
That’s how Saket Jalan, who now runs a bouquet of businesses including hospitality and financial services, took his second step into entrepreneurship: Building and running hostels for Jain colleges. earlier, he’d tried to run a restaurant in mumbai and ended up in losses.
eventually, he shifted to Bangalore, chanced to meet Chenraj Jain and was so impressed by him that Jalan wanted to do nothing but be around him and learn. Jain suggested he start hostels for the students of his colleges. Jalan started small — with just 35 students — but that was enough to give him the confidence to scale up and then diversify. His businesses now employ 300 people, and have a combined turnover of rs. 16 crore.
anGel investorWhen the Avatar was Born:About 2004/05.
What He Did:has incubated 46 companies, which have a combined
turnover of rs. 147 Crore, and employ about 3,500
People.Plans to scale it up to 350 businesses by 2015.
Guiding Principle:If you have the capability to become an entrepreneur,
you must.
“He is the Indian version of an angel investor with a lot of mentoring and sup-port...It is not like the Western model of high growth and high return.”
— Mohandas Pai3
Illustration: Vidyanand Kamat
time to scale up
Jain is no longer happy to let chance meetings determine his portfolio. He wants to scale up and has committed rs. 500 crore to incubate 350 businesses by 2015. To this end, he brought all his investments under an umbrella called JgI ventures, and appointed Hemachandran Seshadri, a chartered accountant, as its Ceo this year. Seshadri has worked for Hindustan unilever, dCm group, reliance and most recently the Tatas. “What impressed me most about Chenraj
Jain was the free education he was providing to the poor through some of the institutions that he has been running for profit. That said something about the man,” Seshadri says.
Seshadri’s agenda is clear. He has to drive JgI ventures, find good use for the money Jain has committed and spot entrepreneurs. While some of the lessons that Jain learned so far would guide the new investments, Seshadri will also be required to put in processes that will help scale up faster. Now, Jain has launched a
05 § Source: Forbes India September 9, 2011
30-month entrepreneurship programme (ideA - Incubation & development of entreprenurial Ability) to increase the conversion rate. The programme includes a mix of classroom training and seminar, and travel to six countries, culminating in the incubation and launch of businesses. He expects to have about 100 students in the first year.
While these two might help JgI ventures scale up, the missing
People matter most “At the end of the day, it’s about people. It’s their hard work, enthusiasm and passion that will make the difference.”
Start small, aim big“We all came into the world as babies, and grew up slowly.”
It’s okay to fail“We cannot always succeed.We sometimes fall down. that’s why we need mentors.”
Try to make use of the existing network“In India, we can use our friends and families. they will be the source of funds, they can also be our market.”
Create a pool of mentors“I was inspired by dhirubhai Ambani’s vision. In the same way. JgI entrepreneurs will inspire more entrepreneurs.”
the ‘chenraJ sutras’
element could be his personal touch. He nurtured the first 40-odd ventures by being generous with his time and ideas. But that model works only as long as the numbers are limited.
Jain is aware of it, and says the scale of his ambition came with its own solution. He doesn’t want to stop at 350 entrepreneurs, but wants to create over 8,800. It’s just a number he came up with. The only way to make that happen is to make his own entrepreneurs inspire others. “I have at best 10 to 15 years of active life ahead of me. I am a man in a hurry. And if I have to create 8,800 entrepreneurs I know the only way to do that is through my network,” he says.
That will be a lot tougher than setting up an angel fund, or starting an entrepreneurship course. But he’s trying. When Abdul Sait wanted to move to a bigger office, Jain did not involve himself in the negotiations, instead he asked Jia Jain to help Sait. The negotiations went well, and Sait got a good deal. In the same spirit, Jain hopes JgI entrepreneurs will help the younger generation.
Saket Jalan says he is always on the lookout for both prospective entrepreneurs and opportunities, and when he finds someone promising, he tries to bring him in. Both Jalan and Sait are in the management team of JgI ventures. “He expects us to inspire others to take up entrepreneurship, he wants us to help our juniors and support them as he helped us and supported us,” Sait says.l(Additional reporting by Nilofer d’Souza)
Please visit www.jgiidea.org to
read more press mentions.
abdul G. saitFounder: Basket optionsSector: Financial Services, Insurance Claimsmet Chenraj as student in 1998; as enterpre-neur in 2004Best Advice from Jain: Never run after money; run after business, innovation and value addition
a case in point
Inspirational Visits § 06
inspirational visits
Kapil devFormer, Indian Cricket team Captain
mahesh bhupathiInternational Tennis Player
dr. veerendra heGGadedharmadhikari, dharmastala
dr. a p J abdul Kalam Former President of India
paul KaGamePresident of rwanda
steve WauGhFormer, Australian Cricket team Captain
sanath teran JaYasuriYamember, Sri lanka Cricket Team
dr. Kumar manGalam birlaChairman, Birla group
azim h premJiChairman, Wipro Technologies
narendra damodardas modi Chief minister, gujarat
01 § Our History - Our Histor y01 § Our History - Our Histor y
1990 Sri Bhagawan mahaveer Jain College (SBmJC),
v v Puram
1998 genohelix Biolabs, Bangalore
Centre for design
1999 Jain International residential School, kanakapura
Sri Bhagawan mahaveer Jain evening College,
v v Puram
2000 Jain vidyaniketan, kanakapura
2001 mATS Institute of management & entrepreneurship,
Bangalore
Human Networking Academy, Bangalore
International Academy for Creative Teaching,
Bangalore
2002 Center for management Studies, Bangalore
Center for Post graduate Studies, Bangalore
2003 Jain Academy for Sporting excellence, kanakapura
The Jain International School, kanpur
The Jain International School, Bilaspur
2004 Sri Bhagawanmahaveer Jain College, J C road,
Bangalore
Sri Bhagawan mahaveer Jain College, k.g.F
Jain School of Business, Belgaum
2005 School of engineering & Technology, kanakapura
2006 Jain College, Belgaum
Jain Public School, kanakapura
2007 Jain Heritage School, Bangalore
Sri Bhagawan mahaveer Jain evening College,
J C road
2008 Jain Public School, davanagere
Jain Toddlers, kanpur
Jain College, kanakapura
Jain Toddlers, Jubilee Hills, Hyderabad
2009 Jain Heritage a Cambridge School, Hyderabad
Jain Academy for Sporting excellence, Hyderabad
Jain university, Bangalore
The Jain International School, Bangarpet
Centre for research in Social Sciences and
education, Bangalore
Centre for research in emerging Technologies,
kanakapura
Jain Toddlers, Hubli
Jain College, Hubli
Jain Toddlers, mahindra Hills, Secunderabad
Jain Toddlers, Aurangabad
Indian Institute of Aerospace engineering &
management
2010 The Jain International School, krishnapuram
Jain Heritage a Cambridge School, visakhapatnam
Jain Heritage School, Nagpur
Jain College, Bangalore
Jain Public School, ratlam
Jain Public School, Barnagar
Jain Public School, Jhabua
Jain vidyaniketan, Amethi
Jain College of engineering, Belgaum
School For leadership excellence
2011 Jain College, r r Nagar, Bangalore
Jain Public School, Tumkur
Jain Public School, kadri
Jain Public School, Secunderabad
The Jain International School, Hubli
The Jain International School, mulbagal
Jain Heritage School, Secunderabad
Jain Heritage School, Belgaum
Jain Heritage School, Tirupathi
Jain College of mCA & mBA
Jain College of engineering, Belgaum
Jain College, Jamshedpur
Jain Toddlers, BITS Pilani, Secunderabad
Jain Toddlers, kondapur, Hyderabad, Andhra
Pradesh
Jain Institute of Technology, davanagere
Centre for Ancient Indian History, Bangalore,
karnataka
Our History - JGI Group Milestones § 08
our HISTory - JGi Group milestones...
our alum PreSeNCeWith the JgI group celebrating it’s 20 years of existence with an average
of more than 15,000 students per annum, you now get once in a lifetime
opportunity to network with more than 3 lakhs students of JgI.
The Jain group of Institutions has always focused on creating
Champions, leaders and entrepreneurs. robin uthappa - the youth
Icon of Indian Cricket, Pankaj Advani - World Billiards Champion and
ShikaTandon - Swimming Champion have one thing in common – they
are all alumni of JgI.
With sports now being a part of your curriculum, you will get a once in
a lifetime unique opportunity to get coached by international standard
coaches and hone your personality.
The JgI Alumni has spread to almost all parts of India and hosts students
from different nationalities like Afghanistan, Africa, germany, Japan,
malaysia, Nepal, Singapore, Sri lanka, ukraine & uSA. By joining the
revolutionary and dynamic ideA program, you will get to network with
young achievers. many of our students hail from entrepreneurial family
backgrounds.
09 § Our Alum Presence
Our Alum Presence § 10
panKaJ advaniWorld Snooker & Billiards Champion & Padma Shri Awardee
shiKa tandonInternational Swimmer & Arjuna Awardee
anup sridharInternational Badminton Player & Arjuna Awardee
robin uthappaInternational CricketerTeam India
tanvi sinGla The Winner of Wadhawan Lifestyle I AM She 2011, Miss Asia Pacific World India
11 § Become an Entrepreneur
dr. dinesh aWasthiDirectorEDI - Ahmedabad
The objective of edI is to foster globally competitive and competent first generation entrepreneurs who could write new economic history of the country. Subsequently we experimented with rural entrepreneur-ship development successfully and institutionalised entrepreneurship de-velopment strategy among about 650 Ngos, with the support of NABArd and SIdBI. We are very happy to be associated with the JgI ideA program and look forward to engaging bud-ding entrepreneurial talent.
dr. easWaran iYerDean & Director, Commerce & Management, Jain University
I am delighted that a prestigious insti-tution such as edI (entrepreneurship development Institute of India) is part-nering with us to establish the ideA program. This will herald a new era of collaboration and propel entrepreneur-ship to the next level in India.
hemachandranseshadriCEO, JGI Ventures
We are excited to initiate this program to identify and support entrepreneurs who are passionate about building businesses of excellence on par with global corporations. This program has a special recipe and a commit-ment from JgI ventures for success.
KarthiK prabhaKarSenior Analyst IDG Ventures India Advisors
ideA program is an excellent initiative towards nurturing and growing the entrepreneurial ecosystem in India. The concept of offering a thorough and practical training program fol-lowed by potential incubation facilities is very unique and encouraging for budding entrepreneurs!
nandini vaidYanathan Visiting Faculty at Princeton, London School of Economics, National University of Singapore, IIMA, IIMB, IIML & ISB
An IdeA whose time has come!
BeCome AN entrepreneurQuotes from a few of our business mentors
Become an Entrepreneurr § 12
nimesh shahDirector Equirus Capital (P) Limited
It is indeed exciting to anticipate a revolution in entrepreneurship that the JgI ideA program promises to usher in, and we are eagerly looking forward to be part of this revolution with the Jain group of Institutions which is launching this program.
shYam visWanathan(Ex.) Associate Dean Executive Education ISB
ideA is a special program that has been designed specifically to build and develop entrepreneurs as well as managers with an entrepreneurial approach to business. I am sure that a student of this program will find it to be a stepping stone to a very suc-cessful future.
s. sriraman Director Bee-Hive Ventures
JgI ideA Program offers young en-trepreneurs a unique experience that combines entrepreneurship educa-tion with entrepreneurial activity. This would definitely contribute to entrepre-neurial development as well as the economic activity in the country.
sudha raJuMentor CII WBLF
The JgI ideA program is a revo-lutionary concept and a boon to those aspiring to be entrepreneurs. Combining incubation and mentoring with entrepreneurship education will create a nurturing ecosystem that will add tremendous value and increase the chances of success for those with passion to launch their own ventures.
m.a. muKundJGI iDEA Program Director
ideA is truly a differentiated best-in-class business-enabling program that aspiring entrepreneurs will certainly derive tremendous value from.
13 § Become a Global Entrepreneur
The ideA experience started with us in the year 2004. over the years we have interacted with a
huge cross section of entrepreneurs, employees, venture capitalists, high net worth individuals
who are keen to invest on the next big idea, diverse people with different expectations across
different cultures. The experience and learning has been rich and has helped us create a viable
model to make entrepreneurship work for India.
We had set ourselves a vision of creating a cross trading eco-system of entrepreneurs and I am
delighted to share with you our progress and our resultant program aptly named JgI ideA.
We were keen that our creation be a nurturing platform for budding entrepreneurs where ideas
can be debated, entrepreneurial skills enhanced in an international setting, where creation and
innovation becomes the name of the game and that is precisely what the ideA platform brings
to you. This unique program combines entrepreneurial pedagogy and guaranteed funding for
students who pass out with a viable business plan.
become a Global Entrepreneur...
To succeed, you must be willing to ask questions, remain curious,
interested and open to new knowledge.
- Yeshasvini R, Anchor
Become a Global Entrepreneurr § 14
A lot people ask me how do we know whether we can be a successful entrepreneur or if we
are better off as a salaried employee? While there is no sure fire formula for success, we have
found that these essential characteristics make the difference. I have listed a few of them for
your ready reference. These are – a mindset of thinking success, being passionate with what
we do and not giving up, focusing on one’s strengths, working hard, a positive bent of mind,
willingness to learn and a very high degree of self-discipline.
We have at JgI built our en-CAT assessments and psychometric tests around these critical
abilities to ensure that the right kind of talents selected through our panel of Bankers and vCs
and Ceos of established companies.
our student entrepreneurs are groomed in a vibrant environment and strong foundations are
laid to start, grow and scale successful companies.
I am also thankful to our faculty team who being practicing entrepreneurs themselves hailing
from strong business backgrounds have for the first time put together a curriculum framework
that is totally focused on entrepreneurship to ‘jump start’ companies and have successfully
managed making entrepreneurial learning mainstream rather than just an elective option. The
JgI ventures team has innovated an experiential Bi 2 Bp learning methodology that co-exists
with Pg curriculum. you can learn more about this in the coming pages.
The current batch in a formal avatar has been launched successfully and we are excited to be
working with passionate entrepreneurs in the making with unique ideas of organic products,
energy, nterior designs, health city, education and IT solutions for a better world.For us it has
become a never ending journey with new ideas being discussed almost every day! It will be
worth your while to visit us at our campus and interact with our emerging talent.
To succeed, you must be willing to ask questions, remain curious, interested and open to
new knowledge. The willingness to learn becomes more crucial given the rapid changes in
technologies and ways of doing business. I would encourage you to keenly understand our
ideA model to ascertain your motivation to start the company of your dreams and enable your
existing companies to grow rapidly with the help of our Shared Services Center and become
an entrepreneur. To be able to create jobs instead of seeking one is an exciting adventure and
the time has come to create your own destiny…
All the best!
- Yeshasvini R, Anchor
JgI ideA is an novel entrepreneurship development
program anchored by the School for leadership
excellence (Sle) that effectively blends entrepreneurship
education and capability building with funding and
incubation support such that a student who enrolls in the
program graduates with a certificate and simultaneously
becomes the proud owner of their business.
15 § iDEA at a Glancer
at a GlanceiDEA
iDEA at a Glancer § 16
The program has variants from which you can select the one that suits your expectations and financial profile. It has been created keeping the
interests of students from family business, working professionals & emerging entrepreneurs seeking to scale and expand their businesses. you
can specifically make choices on availing funding, incubation and shared services support.
* Terms & Conditions Apply
outlooKiDEA
17 § iDEA Outlook
iDEA Outlook § 18
one global program across continents making you ready to take on the world
learneXperience create
19 § iDEA Outlook - Learn
Golf will enable you to develop specific social nuances that will help you network with high-flying CEOs and business persons, the game itself being the sport of choice for the corporate elite .
learn: reAl TIme eduCATIoN
iDEA Outlook - Learn § 20
Academic excellence
real Time education
Faculty engagement
21 § iDEA Outlook -Learn
ACAdemIC exCelleNCe
iDEA Outlook -Learn § 22
pedaGoGYSubjects leCTureS CASeS role PlAyS ToolS vIdeo SelF-leArNINg entrepreneur Finance 15 30 2 12 3 3Strategies for growing start-ups 7 15 6 7 2 6
our core subjects like operational methodologies & entrepreneurial Finance have been benchmarked against syllabi similar
to those running currently avaliable in institutions such as Stanford, Harvard, Chicago university, Babson & other similar
reputed institutes ranked among the top 10 entrepreneurial institutes in the world.
The rigorous course at ideA will be completely experiential & students will get to work on indigenously developed “practical case books”.
The ideA team has developed unique methodologies to help you jump start your careers. As they say the “proof of the
pudding is in eating” and hence the total focus of your learning at ideA will be on appreciating your concept and filling
it individually to the business to ensure they are practical and usable in the real world.
The pedagogy has been specially designed to enable the student to reap the benefits of experiential learning, with
significant emphasis on case studies. For example, the distribution of the pedagogy mix for a couple of subjects in the
program, in terms of the number of hours (illustrative only) :
* This subject will be taught in the entrepreneurship development Institute of India (edI) in Ahmedabad **This subject will be taught at the Heimerer School in germany
All subjects in this program will be dealt within the context of entrepreneurship. For instance, in finance, in a regular management program, the student would be expected to prepare a balance
sheet, whereas in the JgI ideA program, the emphasis would be the interpretation of a balance sheet and its correlation and implication on business performance. In business taxation, in any
other program, a student will learn the theoretical concepts of taxation, but here, you will learn how to apply the taxation concepts to your business with a view to maximizing profits and reduc-
ing the tax burden. We will coach you more on your ability to identify & hire talent to your company rather than making your resume and seeking a job.
Subjects
23 § iDEA Outlook -Learn
pillar subJects pillar subJects
Business Fundamentals (“Boot Camp”) Fundamentals in Strategy, marketing, Hr, Finance, operations & Supply Chain, IT and research methodology
entrepreneurship Foundations Introduction to entrepreneurship Identifying and evaluating business opportunities Business laws* legal aspects and statutory compliance for business* Creation of new enterprises* Family business dynamics* Business communication & etiquette risk management
Human resources organizational behavior leadership and change management Creating and nurturing a learning organization Performance management Balanced scorecard Conflict management and Industrial relations organization design and structure
Strategy Business innovation role of technology in business** Strategies for growing start-ups Indian and global business environment
marketing Advanced marketing and sales for entrepreneurs – I Advanced marketing and sales for entrepreneurs – II
Finance Financial reporting, control & management accounting entrepreneurial finance Financing start-ups
operations operations management for entrepreneurs** Project management
Bi 2 Bp developing the baseline business idea into a business plan(Action learning) Sports Customised individual development plans to improve entrepreneurial(real Time education) ability through - golf, Swimming & Archery
reAl TIme eduCATIoNan entrepreneurial perspective oF subJects
iDEA Outlook -Learn § 24
25 § iDEA Outlook -Learn
strateGYbusiness innovation
Innovation plays an important role in evolving and enhancing
an entrepreneurial business model towards creating competi-
tive advantage to a start-up venture. This subject aims to help
the student understand how they can apply these concepts
while conceiving their business idea.
indian & Global business environment
entrepreneurs today cannot afford to be confined to their local
context. They need to develop global perspectives. In this
regard, this subject will present a holistic picture of the Indian
and global business environment, in terms of the economic,
social, political and technology dimensions, so that they
can think of positioning their business idea appropriately for
maximum impact.
risK manaGement
entrepreneurship is all about risks and managing them in a
volatile business environment. Aspiring entrepreneurs need to
understand the concept of business risk and techniques for
mitigating the same at a conceptual level, in the context of a
start-up.
strateGies For GroWinG start-ups
growth is vital for a newborn! Budding entrepreneurs need to
learn how to apply strategies to grow the start-up ventures
and scale their businesses. This subject will help them think
through such growth strategies.
marKetinGadvanced marKetinG & sales For entrepreneurs i & ii
The budding student of entrepreneurship will imbibe a stra-
tegic decision-making perspective in entrepreneurial market-
ing and specific aspects of sales that entrepreneurs need to
apply in the context of start-up ventures. Building skills and
capabilities in negotiations is also part of this module.
enterpreneurship Foundationentrepreneurship landscape
The entrepreneurial landscape is complex and needs to be
navigated skillfully. His module focuses on the absorption of
the basic principles and processes to manage new ventures
including
l role of entrepreneurial ventures in a global economy
l Processes involved in starting a new venture
l Processes involved in funding and investing in a new
or growing entrepreneurial venture
l understand methods of organizing and managing an
entrepreneurial venture
The curriculum has been structured in alignment with the theme of entrepreneurship. Subjects and modules have been selected and designed with a laser-sharp focus on this theme. The pedagogy is highly experiential and is intended to impart skills and concepts from theoretical, practical and experiential perspectives across the subject pillars and modules.
here is a snapshot oF our curriculum Which is orGanised bY pillars
iDEA Outlook -Learn § 26
business laWs, leGal aspects & statutorY
compliance
laws are universally existent! An entrepreneur needs to ap-
preciate the laws and statutory issues that will regulate the
context of any new business venture;in this module s/he will
learn how to adapt to these concepts to ensure legal compli-
ance of their business.
identiFYinG & evaluatinG neW business
opportunitiess
Business opportunities are born out of needs and ideas. In
this module, a student will learn how to identify business op-
portunities and assess their feasibility and value, to be able to
apply these concepts while starting a new venture.
creation oF neW enterprises
The world always expects a new phenomenon! The key ele-
ments in this module are the study of the factors, involved in
the creation of a new business venture from multiple perspec-
tives, with emphasis on the theoretical role of capitalizing on
opportunities towards converting them into business models.
FamilY business dYnamics
This module will explore the distinctive leadership strategies,
structures and skills required to lead closely-held and family-
led firms through change and growth. This subject is impor-
tant from the perspective that such firms have idiosyncratic
dynamics and strategic challenges during the growth phase.
human resourcesorGanizational behaviour
organizations are structured collective communities of peo-
ple, whose behaviors are highly dynamic. This module aims
to educate the student on the human side of the enterprise
and how human dynamics in an organizational context affects
the functioning of an enterprise. The module will examine the
interactions of individuals, teams and networks in organiza-
tions and will also touch upon the dimensions of leadership in
action and career management.
perFormance manaGement and balanced scorecard
Performance of an enterprise is critical to its success and
survival! The aspiring entrepreneur needs to understand how
to instill a performance culture in the new venture, set goals
and objectives, measuring and evaluation systems for the
enterprise and staff, along with consequence frameworks.
business communication & etiQuette
A budding entrepreneur will, in this module be able to grasp
the techniques and nuances of communicating with stake-
holders and customers, as well as understand the various
media, along with subtle elements of body language, posture,
verbal and non-verbal communication etc., towards becom-
ing conscious about the subtle rules of business etiquette and
personal grooming.
27 § iDEA Outlook -Learn
creatinG & nurturinG a learninG orGanization
Today’s business environment only allows those organiza-
tions that are able to learn and adapt to changes to survive
and thrive. An entrepreneur experiencing this module, will
understand how an organization, through the collective capa-
bilities of its people and talent can adapt to changing busi-
ness dynamics towards adopting a culture of learning and
continuous improvement, to compete in the long term.
leadership & chanGe manaGement
Any business venture needs strong leadership in the context
of perennial change, in order to succeed! entrepreneurs
need to become leaders, and this module will help them
understand the importance of leadership styles, leadership
dilemmas and change management concepts, in the context
of a startup and during the growth phase of an enterprise in
an ever-changing dynamic business environment.
conFlict manaGement & industrial relations
As enterprises grow, conflicts emerge that need to be managed
and resolved. After undergoing this module, an entrepreneur is
expected to understand and apply strategies and techniques to
manage or resolve conflicts between people and ideas, as well
as understand the philosophy of industrial relations and the In-
dian labor context, as well as how Ir can influence the fortunes
of any conventional manufacturing-oriented business.
FinanceFinancial reportinG & control
The cornerstone of any entrepreneurial organization is Fi-
nance. ensuring and maintaining a robust financial discipline
is critical to the health of the enterprise. Hence this module
aims at helping the student understand the concepts and
language of accounting, the vocabulary of financial state-
ments and accounting reports towards evaluating economic
conditions and decision-making, techniques of analysis
including capital budgeting, discounted cash-flow valuation
and risk analysis.
FinancinG startups
No venture can be nurtured without money! methods, strate-
gies and techniques to raise funds and capital for a start-up
business venture, as well as positioning the business idea to
attract finance are key focus areas for this important module.
business taXation
death and taxes are unavoidable! A budding entrepreneur
is expected to understand tax laws and rules that apply to
their business and therefore position the finances of the new
venture to become tax efficient as well as compliant to the tax
regime.
entrepreneurial Finance
entrepreneurs need to be conscious of costs and make deci-
sions on investments. This module will focus on differentsets
of managerial decisions, spanning dimensions such as evalu-
ation of complex investments, financial policies, integration of
financial decisions in a start-up context, evaluating potential
high-growth opportunities and financial benchmarking.
operations proJect manaGement
Setting up a new venture demands a disciplined approach.
This module on Project management focuses on the applica-
tion of project management while starting up and expand-
ing the venture, so as to follow a structured and organized
methodology.
FACulTy eNgAgemeNT
iDEA Outlook -Learn§ 28
29 § iDEA Outlook -Learn
hemachandran seshadri (Faculty : Business iDEA 2
Business plan)
Hemachandran Seshadri is
the Ceo of JgI ventures & a
Certified Internal Auditor from The
Institute of Internal Auditors and
a qualified Chartered Accountant
from the Institute of Chartered
Accountants of India. He is an
accomplished leader with over 3
decades distinctive experience in
managing the finance functions
involving Strategic management,
Accounts / mIS, Fund management
/ Budgeting, Auditing / Compliance,
Financial Planning as well as Cost
Accounting.
He started his career with
Hindustan unilever as a
management trainee. He has
served in leadership positions
like regional manager for Asia,
Country Co-ordinator for east
Timor, Country support manager
for Honduras, Central America with
Plan International, Finance Head
for Shriram Foods & Fertilizers,
Chemicals & Plastics India ltd.,
Chief Internal Auditor in TATA oil
mills, vice President Commercial
for reliance retail & CFo for latin
America of TATA consultancy
services.
He has streamlined systems and
processes involving policies,
procedures and manuals. He
has contributed significantly in
cost effectiveness/ rationalisation
programs resulting in significant
financial savings. His work with
not for profit organization, Plan
International has led him to believe
that contributing to sustainable
community development is a
necessary part of what one can
give back to communities and
promote entrepreneurship.
Faculty for the JgI ideA program has been handpicked with great care. The faculty will consist of experienced and accomplished individuals from the academic and corporate worlds, as well as successful entrepreneurs. They will be experts in their respective domains with several years of rich professional experience.experienced professionals who have worked with corporate houses like: reliance, Infosys, Intel, Wipro, SBI, uB group, velankani, TCS, Sobha developers, Acumac machines, The
leela, Narayana Hrudyalaya, Avalon, Polo, Asipac, Wizcraft, kPmg, N18, ernst & young, IBm, goldman Sachs, mindtree etc.
Academia from institutions like london Business School, Harvard, Babson, Heimerer, xi’an International university etc. and entrepreneurial circles.
Some of the faculties are practicing Ceos operating their own successful business ventures in areas such as financial services, information technology and consulting.
Profiles of a few of our esteemed faculty
iDEA Outlook -Learn § 30
John matheW(Faculty : IT fundamentals, Information technology for start-ups)
John mathew is a Ph.d in Business
Administration from Washington
State university, uSA, and has
extensive teaching experience
in the areas of information
security, database management,
programming and software project
management. He is currently a
visiting Professor at the Cochin
university of Science & Technology,
kerala and has taught in the
College of Business, Washington
State university, Colorado
State university and at Seagate
Technology llC, uSA. He is a
member of various international
bodies such as the united Nations
Solutions exchange for India and
the Association of Information
Systems. He is also a reviewer
for the Journal of Information
Architecture. His research interests
are knowledge management,
human computer interactions and
mobile commerce.
madhavan s rao
(Faculty : Project Management)
Currently the Ceo and founder of
Assurance Consulting, madhavan
rao has experience of over 2
decades in Industry in providing
leadership for delivery, Business
Performance management, Project
management Competencies and
Innovation enablers businesses.
He has been the project manager
for several companies in the uSA
and for volkswagen germany. With
over 15 + years of IT services at
mahindra Satyam, he has written
a book on project management,
“Steering Project Success”
published by mcgraw Hill, 2007.
He has also authored and presented
conference papers regarding to
new Project management trends
and other topics across the globe
and has received prestigious
awards for ideas, branding &
communication.
dr. manasa naGabhushan (Faculty : Enterprise strategy
fundamentals, Strategies for
growing start-ups, Indian & Global
business environment)
dr. manasa Nagabhushan is a
Professor in Strategy and marketing
has an experience of 22 years in
Academics, research and Training,
known for use of unique and
innovative pedagogy in classrooms.
She has been the director of
International mBA program at
PeS Institutions, Bangalore and
Former dean and Campus Head,
Amity global Business School
Bangalore. She is currently a
Syndicate member of the Bangalore
university. Has the experience of
teaching both in India and uSA
and has published extensively
and presented papers in National
and International Journals and
Conferences. She has also won
Best Teacher award from Bangalore
Center for education in 2007 and
the Best Ph.d Thesis Award at
National level from Prestige group
of Institutions, mP.
31 § iDEA Outlook -Learn
pamela ramalinGam (Faculty : Operations Management Fundamentals, Risk Management)
Pamela ramalingam, Ceo
Assymetrix is a senior level
executive with a 24-year
management career providing
operating, strategic and business
leadership. She was the Head of
operations for Thales Software
India r & d Centre, a wholly
owned odC of the 12.7 billion
dollar euros Thales group, a mNC
headquartered in France. She has
worked in leading American, British
and Indian institutions such as
eFunds - uSA, Standard Chartered
Bank- uk, Tata Consultancy
Services – India and iSoft PlC -
uk. Her core competencies include
Training, Strategic management,
Program management, outsourcing
& Change management, Human
resource management, Process
engineering, etc.
pavan soni (Faculty : Business Innovation)
Pavan Soni is an Innovation
evangelist by profession and
a teacher by passion. He
has consulted with leading
organizations on Innovation and
Creativity and has been a sought
after speaker at various innovation
forums. Some of his marquee
clients include dell, ericsson,
Future group, glaxoSmithkline,
Infosys, mahindra, marico,
Tanishq, Tata Steel, Thermax,
Titan, and Wipro. Pavan’s work
on innovation bagged him the
‘on-the-job Achiever’ ward by CII
at lakshya in 2007 and he has
been an invited speaker at Tedx.
Pavan is a mentor for Power of
Ideas, a CIIe and economic Times
Initiative and is associated with
the entrepreneurship development
Cells of various engineering and
management institutions. He
works closely with the karnataka
knowledge Commission on their
innovation charter and with the
Bangalore Chamber of Industry
and Commerce on innovation
and process excellence. As for
research, Pavan has over 21 papers
and articles published at various
national and international journals,
and has co-authored two books on
management and innovation. He is
a gold medalist in engineering from
JNvu Jodhpur and did his Post
graduation from NITIe mumbai. He
is currently pursuing his doctoral
Studies from IIm Bangalore with a
focus on Innovation management.
s. sriraman (Faculty : Preparing & presenting
business plans)
S. Sriraman has about 28 years
of experience in Investment
management & research,
Corporate Banking and
Consultancy. Sriraman has wide
experience in investing in listed
as well as unlisted companies –
from post IPo stage to seed stage
investments. He has been involved
in growing business across various
sectors, across various stages of
iDEA Outlook -Learn § 32
a company and across various
geographies. He started his career
in Canara Bank, and had been
part of Canbank mutual Fund and
has set up the fund management
operations for Chescor, one of the
first Foreign Institutional Investors
(FII) in India. He was involved in
setting up various other vC funds
in India. He has been involved in
fostering entrepreneurship and
is one of the Charter members
of The Indus entrepreneurs (Tie)
and has been a past President of
Tie, Chennai. He is involved in
entrepreneurship development
Programme of Tie Chennai,
designed to help the entrepreneurs
grow their enterprises. Currently
working on a research Project
towards earning doctor of Business
Administration (dBA) degree from
university of South Australia,
Adelaide on the early stage venture
funding in India, he is an alumnus
of department of management
Studies, madurai kamaraj
university. He is also a Certified
Associate of the Indian Institute of
Bankers. He is director of Bee Hive
ventures P ltd., a company involved
in venture Capital Fund management,
mergers & Acquisitions, Strategic
& Financial Advisory Services and
Business Incubation & mentoring.
shYam vishWanathan(Faculty : Creating and nurturing a learning organization, Leadership & Change management)
Shyam viswanathan’s experience
spans more than 28 years. He was
the dean of executive education
at the Indian School of Business,
Hyderabad (set up jointly by
kellogg, Wharton and the london
Business School). He has led the
design and delivery of leadership
development initiatives for more
than 50 different organizations in
the united States, europe and Asia.
v.s. Kumar (Faculty : Financial reporting and control, Business taxation, Entrepreneurial Finance, Financing start-ups)
v.S. kumar is a finance professional
with several years of professional
experience across many
companies that cut across industry
verticals such as BPo, engineering,
chemicals and pharmaceuticals.
The domains of Finance,
Financial Accounting, reporting,
disclosure and decision Support
Systems are his specialist fields.
He has developed a repertoire
of knowledge on Accounting
Standards & Conventions, Costing
Systems and Financial Planning &
Analysis. He has taught at ICWAI,
ICSI and three premier business
schools on a variety of topics.
He has conducted programs for
corporate entities like Infosys,
Carborundum, vestas, Ford etc.
on specific subjects addressed to
niche target audiences.
33 § iDEA Outlook - Experience
Energy and stamina that are so important for an entrepreneur from a physical fitness perspective will be built up through swimming.
eXperience: reAl TIme eduCATIoN
iDEA Outlook - Expereince § 34
education In A global economy
Winning In The Flat World
Business idea 2 Business plan
eduCATIoN IN A gloBAl eCoNomy
35 § iDEA Outlook - Experience
the true idea diFFerentiatorsand our core belieFs:
idea Global entrepreneurship »Successful global entrepreneurs must be
resourceful. you must be innovative and capable
of pursuing new opportunities in uncertain
environments. ideA teaches you both the skills
of entrepreneurship and the ability to apply
entrepreneurial management knowledge in a
global setting. JgI encourages student innovation
and entrepreneurship through the creation of
global business plans and through our global
course — where you learn to formulate, plan and
implement a new venture.
The JgI ideA course offers a truly global focus. It’s not just marketing, but global marketing. Not just business strategy, but global strategy. every single course serves the dual function of preparing you not just for business — but for business on an international scale.experience international business, international government and international culture firsthand. develop cross-cultural sensitivities and soft skills you never would have considered.
iDEA Outlook - Expereince § 36
idea Global mindset »developing global leadership capability is a
key to business success in today’s globalized
business market. ideA has developed
assessment tools to help determine which
students might be better at communicating,
doing business with and influencing other
people who are unlike themselves.
37 § iDEA Outlook - Experience
idea Global citizenship »As a good global entrepreneur, you
understand how your decisions affect
others. you realize you have the power
to create wealth or destroy it. And you
exercise that power responsibly.
ideA educates you to create more than
just economic value. As a good global
citizen, you manage to contribute to
human peace and development. We will
help you learn to create not just a better
business world, but a better world.
idea Global learninG netWorK »The JgI community is, in and of itself,
a network for global entrepreneurs
and managers who wish to share
professional knowledge and advance
their skills through interactions with
peers around the globe. The school’s
curriculum also provides you with the
opportunity to network and experience
the world through a variety of hands-on
global learning opportunities.
idea the Global eXperience »during your semesters at ideA, you
have the opportunity to study in different
countries at a partner institution. In
addition to taking core classes, you will
visit local companies and participate
in cultural events. Together all our core
beliefs add up to the ideA difference. A
curriculum that continues to evolve to
meet today’s global business challenges.
It will change how you view your future,
your career, your world.
asia
europeiDEA Outlook - Experience § 38
Shanghai skyline
Brandenberg Gate Berlin
euroPeJgI ideA has established working relationship with ICgC Consulting, germany, to provide hands-on experience of International Business
management. In collaboration with ICgC, we will facilitate meetings for the student entrepreneurs with international ventures Capitalists and
businesses which are planning to expand to India. It will also attempt to enable student entrepreneurs to get Incubation support in germany, JgI
has tied up with the Hiemerer School in germany to facilitate a “student-visit” program, wherein you will undergo short courses in a few additional
niche subjects such as “Interconnected thinking” and “Communication in crisis”, as well as get an opportunity to network with german industry
bodies and entrepreneurs.
The Hiemerer School is one of the highly ranked private schools in germany, being ranked amongst the top 3 schools in germany for
further education. There are 10 locations of the school in germany, In the field of Business Administration/management, the Heimerer
School has about 30 years of experience and offers the highest level study program and curriculum, which is highly appreciated for its novelty. The
Hiemerer School has established excellent relationships with the german Industry of chamber and commerce and works very closely with world
renowned companies. For more information please visit www.heimerer-schulen.de
39 § iDEA Outlook - Experience
“We are extremely pleased to be
partnering with JgI ideA Program.
We believe this is a huge platform
for Student entrepreneurs who are
passionate about building busi-
nesses of excellence. We are look-
ing forward to the students coming
to germany where we will have
specifically designed program for
them. This program will add great
value on their entrepreneurial view
of the global market.”
dr. Fredrich heimerer DirectorHeimerer School, Germany
Heimerer Campus, Germany The German Parliament Building
“our collaboration with JgI is intended
not just to develop entrepreneurial abilities
amongst students but also to transform
them as business leaders in the making.
The students will be exposed to the Asian
context of entrepreneurship, business prac-
tices and governance as well as discover
entrepreneurial practices in the region
through networking with the Chamber
of Commerce, Asian entrepreneurs, and
potential suppliers and customers. They
will also visit small and medium scale
enterprises in the region, and participate in
niche courses in the premiere institute, that
will give them the entrepreneurial edge.”
Gracia s. uGut DeanAsian Institute of Management, Philippines
ASIAIn today’s globalized world, if you have not factored for China in your business plan, you may have no significant business going for you in the
future. It has been predicted that India and China will be the epicenters of business growth for the next 100 years. In past few decades China has
witnessed phenomenal growth in services and industry and is second largest economy with gdP of $ 5.8 trillion. you will visit China and Hong
kong, where you will visit industrial hubs and special economic zones, interact with Chinese business people and learn the nuances in supply
chain and logistics, which China is well known for, as well as visit an ongoing trade fair or business exhibition. you will have a unique opportunity
to visit Tianjin economic - Technological development Area (TedA) supported by the Chinese ministry of economy and Foreign trade and meet
senior business persons there. you will learn about international trade and shipping rules and regulations as well as logistics and gain insights into
China’s global trade and exIm policies. you will also attend seminars at xi’an university.
you will also visit the Asian Institute of management (AIm) in the Philippines, a special course called the “Asian Immersion Course on
entrepreneurship”, has been designed which will complement the international exposure component of the JgI ideA program.
AIm is the pioneer of management education in Asia. Since 2001, it has consistently ranked among the Top 100 business schools and a partner of
Harvard, for integrating social, environmental and ethical issues into its educational programs.
Asian Institute of Management, Philippines
iDEA Outlook - Expereince § 40
Xi’an International University, China
AIm has been awarded ISo 14001 Certification, for environmental
management, a global first for a graduate school of management. It has also
received the ramon magsaysay Award - this award is often considered as
Asia’s Nobel Prize. For more information on AIm, please visit www.aim.edu
the course at aim Will prepare You to become a Global ceo bY:
• UnderstandingtheAsiancontextofentrepreneurship,doingbusinessand
governance
• DiscoveringentrepreneurialpracticesinAsiathroughnetworkingwiththe
Chamber of Commerce, successful entrepreneurs, potential suppliers,
buyers and Smes in the region
At AIm, you will undergo a few classroom subject sessions such as
“Identifying adaptive business and entrepreneurship challenges in Asia”,
41 § iDEA Outlook - Experience
“valuation for venture Capital/ understanding the venture Capital method”, “Systems thinking” and “Chaos theory and Scenario Planning”.
In addition, you will visit the Asian development Bank, the Philippines Chamber of Commerce and the Philippine venture Capital Association, among other visits.
domAIN CluBS ACroSS eComoNIeSduring the program, depending on the number of students, you will be invited to create or join clubs that can be segmented industry-sector wise, for example, depending on your business
area interest, you could become a member of the “retail Industry” club or “Insurance Services” club. JgI ventures will identify specific industry sectors which will be prime areas of business
interest, in which you can consider starting your business venture. The industry domain club will serve as a platform for you to share and exchange ideas with your peers and also forge links
and associations with like-minded students who may share a similar passion as yours. These clubs have been designed to make it cross cultural across developed and developing economies.
business plan competition
If you are a high achiever in the program, you will get an opportunity to surpass yourself by
participating in a business plan competition in one of the leading international management
schools in the uS such as Babson, Harvard or kellogg. Typically, these competitions are open
for registrations in the first quarter of a calendar year. This will be an experience that which will
add tremendous value to your confidence in launching your business. you would also get an
opportunity to travel to uk & Australia to participate in entrepreneurship programs.
entrepreneurship conclave
The unique feature of the ideA program is a mega-event, a conclave on entrepreneurship,
where you will witness a series of talks on the subject as well as presentations on business
plans. This will be the platform where you will present your business plans that are fleshed out
of the action learning phase to expert panels. established entrepreneurs and leading profession-
als from the industry will speak in the conclave and share their experiences with you that will
illustrate various perspectives on the subject. This will be a unique opportunity for you to meet
and network with business leaders, funding agencies, High Net-worth Individuals, banks and
established entrepreneurs across various industry sectors.
WINNINg IN THe FlAT World
iDEA Outlook - Expereince § 42
BuSINeSS IdeA 2 BuSINeSS PlAN
43 § iDEA Outlook - Experience
What is “business idea 2 business plan” and hoW does it WorK?
We believe that no other mBA curriculum graduates better business leaders than ours. We have indigenously developed the
“Business Adaption method” by carefully refining the action learning component based on the feedback of both participating
communities and students. Such a program is very difficult to execute, requiring a new level of integration between traditional
faculty, career services, and corporate executives.
our program aims to facilitate the evolution of embryonic business ideas into robust business plans that can pass muster,
through the concept of “Bi 2 Bp” (“Business idea to Business plan”), which is a series of structured interventions at defined
time points during the phase of the experiential coursework. This structured intervention spanning several months will hone your
skills as an entrepreneur in real-time, where you can track your own progress and evolution in this journey. We offer to men-
tor the entrepreneur beyond the academic phase of the program as well, in one of the program variants that is associated with
incubation.
JgI ideA’s “Business idea to Business plan – Bi 2 Bp” is a hands-on approach to learning that is at the heart of our curriculum,culminating in a presentation to Angel Investors, venture Capitalists & Bankers of reputed organisations. No other businessschool offers such high-level exposure, or such an invaluable opportunity to convert your business idea into a business plan.
iDEA Outlook - expereince § 44
45 § iDEA Outlook - Experience
our Bi 2 Bp curriculum is divided into three distinct stages:
iDEAGeneration: entrepreneurs start by learning theory and
business fundamentals. like most top busi-
ness schools, JgI ideA faculty extensively
employs the case study methodology to help
students understand the theory in the context
of a business problem. mentors encourage
thought-provoking debate, giving students the
chance to benefit from the wealth of experience
and perspectives that diverse classmates bring.
However, unlike other top business schools, the
learning continues into their Business.
iDEA Refinement:Through discussions with entrepreneurs,
industry experts and company visits, the
realities of executing classroom theory are
brought to life. meaningful dialogue with
active business leaders helps students
appreciate how real-world executives make
decisions in a fast-moving, competitive
environment with imperfect information.
iDEA
Pilot:With a small team of classmates and a mentor
(typically a management consultant or senior en-
trepreneur), students compete against other teams
to develop a growth plan for a reputed company.
over a period of six to nine weeks, each team work
with the company to develop an idea and busi-
ness case. you present your recommendations to
the senior leadership of that company (typically a
C-level executive, often including board members).
No other school offers such senior-level access
to the world’s leading companies especially in the
area of entrepreneurship.
STAge 1
STAge 2
STAge 3
iDEA Outlook - Experience § 46
bi 2 bp in Greater detail
In this journey,Business ideas are articulated as a baseline & the ideas are
sharpened by an iterative process over 12 months, towards
the creation of a full-fledged robust business plan, by deriv-
ing and applying concepts and techniques learnt during the
course of the program.
depending on the variant of the program you select, you
will need to prepare your business plan, for evaluation by a
reviewing panel, if you are seeking funding and incubation
support from JgI. The business plans that get approved will
then advance to the next stage, where JgI ventures will invest
in the business by providing seed capital – or alternatively,
help you get funding from banks other financial institutions.
After the groundwork for launching the business is done i.e.
an approved business plan, forming partnerships, figuring
out the regulatory framework, organizing funding, designing
and finalizing marketing plans etc., you will be ready to launch
your own venture. you will be guided, mentored and coached
by a group of highly experienced and accomplished people –
subject-matter experts, experienced industry professionals,
successful entrepreneurs etc. during the program, depending
on the program variant that you select.
Having had your grounding in the fundamental essentials of entrepreneurship, throughout the program, you will apply concepts learnt and integrate them into your own business ideas, as concrete steps towards becoming actual entrepreneurs.
Archery will help you develop concentration and focus, which are important towards achieving specific business goals and targets that you will set for your venture.
47 § iDEA Outlook - Create
create: reAl TIme eduCATIoN
iDEA Outlook - Create § 42
Create & manage your own Company
Join the JgI Network
iDEA Outlook - Create § 48
CreATe & mANAge your oWN ComPANy
49 § iDEA Outlook - Create
1. Business plan due diligence
2. Business plan validation by JgI ventures
3. Business plan validated and funds sanctioned
4. Shared services center support
a. Allocation of office space
b. materials for communicating services & products to customers
c. legal structuring for compliance and taxation
d. Hiring of the core team
5. generation of sales & realization of expenses
6. monthly monitoring & tracking by JgI ventures
7. Profits accrued for the annum is reported
Another option for you to consider, while choosing the program from the menu of options is the choice
of availing the services of the Shared Services center. This unit offers the nascent venture and the as-
sociated emerging entrepreneur, functional services that enable the business operations, such as Hr,
Administration, legal, Accounts, etc. so that the entrepreneur can focus on developing and scaling his /
her business. These services will be available to the entrepreneur for a period of 12 months from the time
the business is launched, depending on the option of the program variant chosen end.
For more information about incubation and question you may have on investments, stake & business
ideas please refer to our booklet on “Business Incubation & Funding”
to start Your oWn Will mean You start With incubation
INCuBATIoN - eNgAgINg THe JgI veNTureS CommuNITyonce you fulfill the academic rigor and requirements of the program, which will enable you to be ready with your finalized and approved business plan, JgI ventures will offer to facilitate the
incubation of your business and appropriately provide seed capital or growth capital, depending on your business plan. However, this is again, an option for you to consider and decide, while
choosing the program variant.
At JgI ideA you get the unique opportunity to create something of your own that you own ! The unique platform provided by JgI ideA enables you to start and manage your company.
iDEA Outlook - Create § 50
incubation elements shared services option
51 § iDEA Outlook - Create
JoIN THe JgI NeTWork
iDEA Outlook - Create § 52
The JgI ventures has set up an
Incubation Centre exclusively to help you
incubate your new business ideas. We
will mentor you for lifetime and provide a
dedICATed TeAm oF exPerTS to work
alongside with you to achieve success
during your startup phase.
JgI ventures India Pvt ltd has invested
in the startup of many small to mid-sized
companies. It started with one enterprise
in the year 2004 and today it has a total
of 46 successful running enterprises.
The businesses which are part of the
JgI ventures India Pvt ltd operate in
various sectors such as education,
IT, Infrastructure, Financial services,
Technology, Hospitality, etc. employing
more than 2300 people. The current
cumulative total turnover (2011) of the
enterprises is estimated to be more than
rs. 147 crores.
list of incubates of the JgI group:
Consolidated view
53 § iDEA Advantage
advantaGeiDEA diversity in classroom
Networking with entrepreneurs & Investors
global Incubation
Certifications
Captivating global Campus
enabling logistics
get recognised
demonstrated roI
iDEA Advantage § 54
dIverSITydiversity has many faces: race, ethnicity, religion, creed, culture, gender, age, nationality, socio-economic
backgrounds. Here at the JgI ideA program, diversity goes beyond the traditional definition of race and
gender. We define diversity as embracing and encouraging a community of unique individuals. By bringing
together people with diverse backgrounds and a variety of experiences, we are able to create a unique learn-
ing environment that leads to actionable ideas in the classroom which then translates to a more productive
and innovative global workforce of entrepreneurial talent.
diversitY inside the classroom: The JgI ideA programs take full advantage of our diverse community
of students. Although the professors utilize many teaching methods, the team-based learning approach fully
encourages animated discussions, innovative solutions and global perspectives. The result is a learning en-
vironment that merges unique work experiences, various cultural backgrounds and different life perspectives.
diversity in the classroom opens the doors for the future leaders of this world.
diversitY outside the classroom: We believe that displays of diversity should not be limited to the
classroom. JgI ideA professors and staff have an open-door policy that truly creates a sense of commu-
nity. The school hosts a vast array of guest speakers and networking events, which are social gatherings to
encourage the various groups to interact outside of the classroom.
NeTWorkINg WITH eNTrePreNeurS ANd INveSTorSour program provides you an enabling ecosystem where you will get
to meet established and experienced entrepreneurs, business persons,
venture capitalists, financiers, experts and professionals across different
industry verticals and domains. you will also interact with senior profes-
sionals who will coach and mentor you while preparing and finalizing your
business plans. you will also have the opportunity to learn from estab-
lished entrepreneurs during the stage of project fieldwork, in which you will
work in entrepreneurial establishments. In addition, during the international
visits, you will be able to network with european and / or Asian business
persons, as well as with potential investors.
55 § iDEA Advantage - Global Incubation, Certifications
global IncubationWith our relationships with various universities and agencies in Australia,
China, germany, Hong kong, India, Philippines, united kingdom, uSA we
can connect you to our partners to explore business opportunities.
JgI will play the role of an advisor to identify and gain access to
foreign agencies. These agencies can potentially help you
through your business cycles towards new customer
acquisitions, exports & imports or identification
of new business opportunities and business
partners.
CertificationsWith the JgI ideA program you not only get to graduate
with a joint certificate from JgI & edI titled PgP-Bl (Post-
graduate Program in Business leadership) but also have the
opportunity to get awarded international certificates from top
institutes across countries.
1. asian institute oF manaGement (aim)2. Xi’an international universitY3. entrepreneurship development institute oF india (edi)4. hiemerer school5. participatinG companies (Can be more than one)6. seminars & Forums7. open proGrams8. business plan competitions
Note: The number of certifications will vary from the program variants you have opted for.
iDEA Advantage - Captivating Global Campus § 56
captivatinG Global campusFacilities Within the Jain Global campus
The Jain global Campus is a 350 acre pristine “educational township” with its own accommodation, food, sports arena, bakery, medical clinic etc. It is about 45 kms from Bangalore,
10 kms from kanakapura. The campus has a sprawling Admin Block flanked by a large stadium, colosseum, meditation centre, hockey field, indoor stadium etc. The campus provides and
grooms enthusiasts with a varied learning in fields like cultural activities (singing, dancing, drama etc.), sports health and fitness etc. The campus boasts of an international residential school, a
public school, an engineering college, an aerospace department and finally the ideA block.
The ideAtees will reside in this very campus through the duration of the program in Bangalore. This is the place where they discover themselves, their strengths, their improvement areas their
ideas and their future. The Jain global Campus (JgC) has strict rules against smoking, drinking and consuming non-vegetarian food within the campus.
THIS IS WHere your lIFe CHANgeS
academic blocKThe academic block is furnished with state of the art
classrooms, cabins, conference room & workstations.
classroom The classrooms are air conditioned & equipped with
state of the art technology wi-fi enabled, “Bose” audio visual
system, microphones, projectors, screens, etc.
The classrooms have been prepared keeping into view a
cluster seating style & the stepped permanent seating style.
The cluster seating room is equipped with 60 convertible
chairs which can be easily folded and displaced to create
room for activities, discussions, debates etc.
The stepped permanent seating is equipped with comfortable
hydraulic chairs with permanent tables set up in a stepped
formation to ensure maximum visibility to the screens
hostelroomsAn ideAtee will occupy a fully furnished room equipped
with an lCd Tv with digital high-definition set top box, an
ergonomically designed study table and chair, a spacious
cupboard and a comfortable bed with a blanket. The room
is also internet-enabled with a cable broadband Internet
service. It has an attached bathroom with hot-water & shower
facilities.
houseKeepinG The hostel facilities are supported by an efficient
housekeeping service that is responsible for the upkeep and
cleanliness of the rooms, including periodic changing of linen.
dininGThere is a gracious and orderly atmosphere pervading the dining
hall. The breakfast, lunch and dinner menus includes a variety
of mouth-watering dishes that are served on rotation spanning
north Indian, south Indian, continental and chinese cuisines
followed by an elaborate spread of deserts. The food served is
purely vegetarian. The timings of the cafeteria are regulated.
Dining Hall Timings Hours of Operation*
morning Tea/Coffee 6:30 am – 7:00 am
Breakfast 7:30 am – 8:30 am
lunch 1:30 pm - 2:30 pm
Tea/Coffee 6:30 pm to 7:00 pm
dinner 8:00 pm - 9:00 pm
*Subject to change
Note: All meals are strictly vegetarian on the campus.
dininGclassroom
57 § Captivating Global Campus
sWimminG pool
sports FacilitiessWimminG aQuatic compleXTop class training venue ‘AquA’ for swimmers to realize
their potential to that fullest. The ‘AquA’, state-of-art aquatic
complex comprises a 25 meter 08 lane short course
swimming pool, a 50 meter 10 lane competition pool with
water-polo facilities and a separate diving pool with standard
fixed and spring diving boards, enabling it to host any
international swimming competition including water polo,
diving and synchronized swimming.
GolF courseThe 06 hole golf course is one the first and exclusive for
any educational facility in the country. IdeAtees pride their
time in this truly serene landscaped setting, training under
professional coaches.
archerYThe JgC has an archery practice area fit for olympians to
practice. The ideAtees will learn & practice this art under the
watchful eyes of coaches who have trained National teams
indoor stadium ‘sprintoor’Jain global Campus has a 25 crore multipurpose indoor
stadium SPrINToor’ with seating capacity of 2,000 people.
This sporting complex with wooden flooring has 4 badminton
courts, volleyball courts, basketball courts, 2 squash courts,
table tennis hall, 4 lane bowling alley, billiards, yoga, Jacuzzi
steam, sauna, media room, vIP rooms dormitories.
tennis courtsexcellent Tennis Court facilities that include 4 plexi - cushion
courts and one clay court are available to all the tennis
aspirants. eminent coaches and trainers are called upon to
train our ideAtees.
cricKet FieldThe 2 lakh sq. ft. lush green ‘ovAl’,a well-designed
international standard cricket ground with 5 strips of turf
wicket in the center is fit enough to host any international or
national cricket tournament. The ground has played host to a
number of important matches that include NCA tournament,
mrF tournament, under - 19 ghulam Ahmed trophy & Asia
cup under - 17.
table tennis & badminton hallAn exclusive Table Tennis and Badminton hall with 16 tables
and 4 badminton courts with wooden flooring are also a part
of the “Sprintoor”.
cricKet Field
Captivating Global Campus § 58
basKetball and volleYballThroughout the world, basketball and volleyball are two
hugely popular games. To encourage our ideAtees’ interests
in these games, Jain global Campus has built to perfection,
seven volleyball& seven basketball courts with exclusive
lighting facilities.
hocKeY and FootballJain global Campus has natural turf hockey and football
grounds which are extensively used for training and
competing by the enthusiasts.
multi - GYmThe multi - gym has some of the best & the latest equipments
for maintaining the right body kinaesthetic.
athletic arenaJain Academy of Sporting excellence has an International
Association of Athletics Federation 08 lane 400 meter
synthetic track & field facility for the hugely popular athletic
games.
boWlinG alleYJain global Campus has 04 lane bowling alley. IdeAtees
unwind themselves whilst playing friendly matches with their
peers. Those desirous of pursuing the sport seriously are
trained under specialist supervision.
other Facilitiesarts & Fine arts studioWe believe that ideAtees should have extensive exposure
to their cultural heritage and should be provided with an
opportunity to develop their talents in a creative atmosphere
through study of art, music, drama and speech. With this in
view, JgI has constructed the Arts and Fine Arts studio that
enables ideAtees to find a new meaning of expression in an
environment that challenges them to develop their artistic
senses.
health centreThe Health Centre comprises of well qualified doctors &
nurses along with consultation room, minor operation
Theatre, Intensive Care unit and separate male and female
wards with equipped pathology lab and dental clinic.
59 § Captivating Global Campus
multi - GYmboWlinG alleY
Captivating Global Campus § 60
laundrY serviceslaundry Services including steam washing, drying and
pressing in sanitized conditions are extended to the ideAtees
and members of staff twice a week.
saFetY & securitYA reliable security system with professional security
personnel, a completely fenced campus, 24/7 guard duty and
watch dogs are in place to safeguard the sprawling campus.
Softener Plant and reverse osmosis Plant
Softener Plant and reverse osmosis Plant helps in providing
safe and non-contaminated water to the residents on
campus.
uninterrupted poWer supplY With a total captive power of 1760 kvA, the residents enjoy a
24 hour uninterrupted power supply.
hYGienic reFectorYThe Jain global campus has a sterile vegetarian hygienic
refectory with specialist chefs catering to nutritional needs of
the ideAtees. They are served with a bewildering assortment
of dishes – Pan Indian, Chinese, Italian, mexican & other
Continental Cuisines.
librarYA modern library with the latest books, journals and online
resources is being set-up on the campus for the benefit of the
ideAtees.
Football sports Facilities
hostel
eNABlINg logISTICSAt JgI ideA program, atmost care is taken to create an entrepreneurial friendly environment for all JgI ideA students. enablement at JgI takes the shape of online platforms, internet facility, access to world class entrepreneurs & faculty through video conferencing facilities customised learning management systems, etc. beloW are a FeW details to Give a bird’s eYe vieW oF some oF the FeW thinGs that the ideatees Will have access to:
l All hostel rooms are networked to access the
internet and classes are enabled with Wi-Fi, to ensure
connectivity round the clock.
l The library is equipped with online systems and
databases that enable access to the latest articles and
online journals of interest.
l All ideAtee will have access to an internal site specially
meant for them, which will host the student handbook,
rules and regulations, policies and general information.
A forum called “I-connect” will also be part of this site.
l The entire academic part of the program will be
managed through an online learning management
system that will enable stakeholders to access content,
administer the operations as well as generate and
interpret reports to enable decision-making. Students
will be able to connect with faculty and mentors online
for coaching and mentoring sessions.
l memberships access to JgI Institution’s network can
be enabled on a case to case basis.
l All India management Association
l Association of Indian management Schools
l Confederation of Indian industry
l Bangalore management Association
l National Human resource development Network
l National Institute of Personnel management
l Indian society for technical education
l National Association for the education of young Children
l British Association for early childhood
l Association for childhood
l Pre- School learning Alliance, uk
l National Children’s Bureau
l Scholastic India
l Indian institute of Science
l Indian Institute of management
l National Aeronautical laboratory
l ASme online
l Ieee online
l delnet – developing library Network
l National law School of Indian university
l British library
61 § iDEA Advantage - Enabling Logistics
A few of our membership associations are:
geT reCogNIZedThrough this unique and novel program, you will have the
opportunity to showcase your business idea to potential
investors and venture-capitalists. Some of you in this pro-
gram will have the opportunity to participate in business
plan competitions in different countries.
once selected to the ideA program, a student of the ideA
program will have an array of opportunities to get exposed
to global and local platforms, networks and associations
pertaining to entrepreneurship.
The international markets study tour offers the budding
entrepreneur a range of possibilities and will open new
avenues to expand a business idea across international
borders.
you will also automatically get a membership into “Ceo
Satang”, a mentoring platform for heads of businesses.
A select few, based on merit, will have the opportunity to
also participate in business plan competitions overseas.
our program has been acknowledged by the media. Stu-
dents of our program will have the opportunity to interact
with the press and other media channels to showcase
their talent.
iDEA Advantage - Get Recognized § 62
63 § iDEA Advantage - Demonstrated ROI
Less Said… More Done…
The JgI ideA program’s uniqueness stems from the fact that it combines entrepreneurship education
and capability building with the promise of funding and incubation.
If one were to compare the costs of an international management program in top ranking international
schools, in terms of the sum total of tution fees, accommodation, boarding and lodging and other
infrastructure, travel and resources costs, one would easily estimate a figure of INr 4.5 million. Further,
post such a program, if the student intends to start his / her own business venture, the cost of such a
start-up would on an average be about INr 0.25 million per month, roughly aggregating to about INr 3
million per annum, considering factors such as cost of acquiring funds, preparing and validating busi-
ness plans, marketing expenses, resource costs, costs of value creation and delivery, travel expenses,
infrastructure costs etc. one can conclude therefore that the combined costs of approx.. INr 7.5 million
represents high risk with no assurance of returns.
our program’s promise is to significantly mitigate this risk for an aspiring entrepreneur at an affordable
cost by providing the student the tools for building entrepreneurial capabilities, blended with interna-
tional business exposure and certification, along with a supporting ecosystem that enables a nurturing
environment through funding, incubation, access to mentor networks and domain experts, to help
demonstrated roI
iDEA Advantage - Demonstrated ROI § 64
launch and grow start-ups and existing entrepreneurial ventures. In essence, our program aims to facilitate individuals with passion and commitment to be
the masters of their own destinies and organizations.
By joining ideA you will not only gain skills to become a global entrepreneur and have the capability to manage global business enterprises but also become a
true leader as this unique experience will expose you to multi-cultural business environments.
l Best-in-class experiential coursework with experienced faculty who are industry professionals and entrepreneurs themselves,
l International exposure to the business environment and changing economies not limited to germany China, Hong kong, Australia, united kingdom and
the united States of America.
l guidance under expert coaches and mentors to prepare and refine business plans, prior to launch of the same
l launch of the business and incubation (seed-funding, start-up support, scale-funding)*
l office-space with starting infrastructure to facilitate launch and establishment of the business, invested on your behalf by JgI ventures for 12 months
post launch*
l Shared Services support for the launched businesses provided by JgI ventures (back-office support in terms of Finance, Hr, legal, Administration and
marketing)*
l Access to business mentors, venture capitalists and coaches as well as participation in business operations reviews, guidance and advice post the
launch for 12 months, invested by JgI ventures*
l Participation in a mentoring intervention for entrepreneur-Ceos, the “Ceo Satsang”, which is a well established platform for development of business
leadership*
*These benefits are available depending on the program option selected.
Please do schedule an appointment with our Counselor or feel free to mail us at [email protected]
65 § iDEAtees
“As a JgI ideATee, I have entered into a home of learning, experiencing a rich life of vitality, opportunity, trust and, importantly, positive vibes in the atmosphere. It is a place where every aspect of my need to be successful entrepreneur is attended to with utmost care and sincerity, providing the very best mentoring at every step with world class expertise and infrastructure. The organization works like clockwork. Here, I am on my way.”
Dr. Poornima Kavadi
“multi-faceted real time training….wholesome learning for a budding entrepreneur. Forever in debt to JgI ideA for this priceless experience”
Angshuman Das
“Success is always some combination of luck and skill. JGI iDEA helps minimize our reliance on luck and maximize the part that we can control. It is a must for anyone venturing out on their own and a valuable refresher for those already there”
Rohit M
iDEAtees § 66
“ideA teaches us how to keep our names alive for centuries. It is not about experience, it is about getting expertise. We are enabled to think big with insight. “
Amandeep Singh Anand
“JgI ideA is a paradigm where indulgence is bliss. The program creates a vision and mission to life. Here you learn values and to value life.
vAlue IdeA vAlue lIFe.”
Rishi Pransukhka
“As a part of the wonderful program i am more confident of living my entrepreneurial dream successfully and make my loved ones proud. I really thank ideA program because it has dared me to dream above reality.”
Dhavall Thakrar
“In idea I am going to live my 18 months which most of the students won’t, so that I can spend rest of my life like most people can’t.” So ideA has taught me one important thing:you live your dream, we are there to support you.”
Pratik Gundecha
“When you reach an obstacle, JgI ideA makes you turn it into an opportunity. With ideA I can overcome all obstacles and be a winner”
Mitesh Kothari
67 § Join
JOIN
reQuirements
• First,anaspiringapplicantshalldownloadtheapplication
form from the website : www.jgiidea.org
To apply to the program, applicants need to complete and
submit the following:
• Applicationform
• Statementofpurpose
• Twolettersofrecommendation
• Officialtranscriptsand/ordegreecertificateofany
recognized bachelor’s degree program
• Applicationfees
applicants With WorK eXperience GenerallY:
• Haveatleasttwoyearsofworkexperience
• PossessaBachelordegreeorequivalent
• Haveleadershippotential
the admission process
1. The applicant submits a completed application form with
all the applicable annexures and application fees
2. S/he is required to participate in an online questionnaire
(“en-CAT”) to guage his/her entrepreneurial orientation
3. She will face a panel interview conducted by an institu
tional panel
4. Based on the recommendation of the interview panel,
s/he will meet the Chairman of the Jain group of Institu
-tions for the final interview.
5. If selected for the program, the applicant will receive a
selection letter with instructions for on-boarding
paYment terms & deadlines
• Anapplicationfeeispayableatthetimeoftheapplication
submission.
• Anon-refundableConfirmationDepositwhichcontributes
towards the tuition price, is payable within 14 days of
How to Apply
Join - How to Apply §68
acceptance onto the program, and will hold the student’s
place.
• Theremainingbalanceofthetotalfeesispayable30
days before the start of class.
• Theschoolreservestherighttoassessalatepayment
surchargeon all outstanding accounts.
methods oF paYment
The deposit and Fees can be paid:
• Bybanktransfer/wiretransfer
• Bankcheck,DDdrawninSchoolforLeadershipExcellence
paYment instructions
Any and all transaction and bank fees are the responsibility
of the customer. Sle will credit the customer’s account with
funds received only.
l Beneficiary name: School for leadership excellence
l A/C No: 04402010068050
l IFSC Code: SyNB0000440
l Beneficiary bank: Syndicate Bank
l Branch: vishveshwarapuram
l City: Bangalore
l State: karnataka
Processing fee will be charged accordingly, if applicable
once the payment is completed please mail the details to
69 § Join - Financial Aid & Insurance
Financial Aid & InsurancemAkINg IT eASy To Be A PArT oF JgI ideAour one-year program is very cost-effective relative to other programs, since most other
programs take two years. JgI ideA students save a year of tuition fees, living expenses, and
the opportunity cost of being out of the workforce. Nonetheless, we understand that financing
can be challenging, particularly for international students. Further more, because the course
is so intense, it is not possible for students to work in parallel with their studies. Therefore, we
work with you to help find the most beneficial funding options to cover your education-related
costs. These options include scholarships, fellowships, and education loans.
scholarshipsSle offers a range of merit-based and need based scholarships to reduce the tuition cost bur-
den. These are available to all students regardless of citizenship. To be considered for these
scholarships we encourage you to apply early. decisions on scholarships are made only after
an offer of admission has been made.
FelloWshipsA limited number of fellowships are available to accepted students. These fellowships offer
students the opportunity to work with faculty and staff members at Sle for approximately
eight hours per week. The number of fellowships varies from year to year and from campus
to campus. The fellowships available each year are communicated to students at the time of
application. All accepted students may apply for any fellowship position for which they feel
qualified.
education loansThe majority of our students utilize some form of education loan. Students requiring financing
for their tuition costs normally avail bank loans.
banK loanFinancial institutions in many countries offer education financing specifically to local citizens
wishing to pursue their education. These loans are typically repayable after completion of the
course, although terms vary widely. We are happy to work with our students to help them
identify suitable financial institutions to apply for these loans. Please note that any document
from the institution to help the student avail loans will be issued only after the initial deposit
to reserve seats post issuance of our letter of admission. The process of loan typically in
India takes 6 weeks to 8 weeks and hence students wanting to avail loan to fund the JgI ideA
program, are encouraged to apply early. If not processed in time, the student runs the risk of
losing admission in the respective academic year applied for.
student travel (health, interruption, baGGaGe, propertY) insuranceTravel Insurance is a comprehensive student insurance policy designed for students attending
the JgI ideA program. The insurance is designed to provide international students and their
families with peace of mind throughout their studies at Sle. Students attending the JgI ideA
program will be invoiced and charged unless they demonstrate alternative adequate insurance
coverage. The key advantage of Insurance:
• Offersmedicalcoverage
• Baggageandpropertycoverageincludingvaluablesandcash.
• SLEstaffanditspartnerrepresentativesarefullybriefedonInsuranceenabling
students to get help on the spot
*more details are available at www.jgiidea.org
TermS & CoNdITIoNSadmissions policYThe admissions policy of the JgI School for leadership excellence is intended to assess how an applicant might contribute to and benefit from an intensive graduate business education in a culturally diverse institutional environment. It reflects a “holistic approach” to application review based on (1) Basic Admissions Criteria, (2) Primary Personal Factors, and (3) Second-ary Personal Factors, as set forth below:
basic admissions criteria1. Substantial business experience and satisfactory en-CAT score2. undergraduate degree 3. Two letters of recommendation4. english language proficiency
primarY personal Factors1. National origin, ethnicity, gender (to ensure diversity)2. Career goals3. entrepreneurial skills4. evidence of : a. leadership b. Professional promise c. motivation and drive d. overcoming adversity, including disabilities
secondarY personal Factors1. Professional certifications2. Honors and awards3. Publications4. membership in professional or business associations5. Community or national service6. extracurricular activitiesThe above factors are not exhaustive. They may be weighed differently. They may not, however, be assumed to a standard formula or ranking. They will be considered in conjunction with all other admissions criteria and factors, in light of the School’s mission and purpose.
laptopsour intention is that all students receive a laptop as part of their JgI IdeA program. We cannot, however, be responsible for availability and the supply of them will therefore be subject to availability.
GradinG proceduregrading StandardsCourse instructors will evaluate and assess participant performance. grades are assigned according to the Instructor’s assessment of performance on the intellectual and professional criteria established for the course. The Instructor has full authority and responsibility to establish performance criteria, evaluate participant performance, and award grades. The Faculty uses the following grading system to evaluate participant performance:marks range grade Performance80% to 100% A+ outstanding /excellent60% to 79% A very good40% to 59% B Acceptable35% to 49% C marginal0% to 34% d unsatisfactory / Fail
Acceptable performance in the program is a B or better. The Academic Sec-tion releases official final course grades at the end of each trimester in the form of a transcript. Individual grade breakdowns (participation, homework, and exam grades, for example) are available only from Instructors. every ideAtee is entitled to know the manner in which his or her course grade was calculated.
Graduation reQuirements1. Basic requirementsStudents must complete the required credit hours of course work to be eli-gible for their respective certificionat. Course credit is awarded for achieving a grade equal to or better than B on a course. All courses must be completed with a satisfactory grade. Should a student receive a “C” on a required course, this course must be re-taken at Sle or an approved institution within a period of three years from the student’s original enrollment date and the student must achieve a satisfactory grade. Those who satisfy all program
requirements (including: participation in all courses, payment of all financial obligations, return of all library materials, and completion of all evaluations), who receive a grade other than “Incomplete” for each course, who have no outstanding disciplinary or ethical violation issues, and who have a final grade of “B” or better are granted the “Post-graduate diploma in Business leadership”. In addition, for visa purposes, the student must meet full-time student residency requirements of the campus host country. 2. Program director’s listStudents who earn a grade of “A” or above or above for any subject are formally named to the JgI ideA Program director’s and the Ceo of JgI ven-tures’ list for that subject. qualifying students receive notification from the Program director with appropriate recording in the participant’s permanent academic file. With the student’s approval, formal announcement of this scholastic achievement will be made to respective sponsors and agencies. The School is very pleased to offer this achievement award and hopes this award will serve as added incentive for all students.3. graduation with HonorsStudents graduating with a grade of “A+” and who are in the top 10% of the class will be designated as an “outstanding JgI ideA Scholar” and will receive their certification “with distinction” indicating the highest honor. Those whose grades are “A+” but who are not in the top 10% of the class will receive their degree “with excellence,” as recommended to the Faculty and Board of Trustees by the Program director. However, the final award of these honors will depend on the actual performance distribution of the class year-on year and will be subject to review and its appropriate final decision by the Academic Council.
dismissal From the proGramThe School reserves the right to dismiss any student at any time whose academic performance is unsatisfactory or whose conduct constitutes unac-ceptable professional behavior, or whose legal or medical problems hinder satisfactory performance. In such cases, the Program director will notify the student in writing, a certification will not be awarded to the student, and, as appropriate, the student’s sponsor will be notified.
Corporate offices:
JGi idea, school For leadership eXcellence
No 34. 1st Cross, JC road, Bangalore 560027 Ph: 91 80 4343 0174 /75 www.jgiidea.org
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disclaimer: This brochure is only for the purpose of providing information to the reader on the JgI ideA Program. JgI ideA reserves the right to change and modify these details at any time. The Brochure does not result in any binding contract between the JgI ideA and the reader.
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