The focus of training at PIBM lies in preparing students to face real life challenges in corporate world. The objective of management education at PIBM is not only to train students in business theories & concepts but also to make them understand where the real practical application lies in various sectors or industries. PIBM strongly believe that all concepts should be taught in a practical way where more emphasis is to be given on the application of the concepts.
The training at PIBM is application based making you understand the application of the business concepts in the real practical world. One of the unique things about the teaching methodology followed in PIBM is the SCPS Training Pedagogy. SCPS stands for Sector - Company - Product / Service aspect of learning any Management concept.
Management education being a mix of professional and vocational course, it is important to train you as per industry requirement. With this goal, PIBM trains you in application of business concepts in various sectors and their respective products or services
With the SCPS methodology, any topic which is taught is explained with real world application in various sectors, on different products or services of several companies which also helps clarify that management strategies vary in different sectors for different products or services.
4Ps or 'Product, Price, Promotion and Place' is a very commonly known marketing concept in Marketing. However, just knowing the concept is not sufficient and basic expectation from a PGDM/MBA pass-out is to be able to apply this concept in any sector. By SCPS concept the 4Ps concept can be easily explained as shown here.
Sector understanding enhances students’ macro knowledge of industry and strategic thinking while understanding micro specific details about product/service making them perfect business executor.
So, management graduates after two years will have perfect blend of forming business strategy and executing them efficiently and effectively.
At PIBM, we want you to learn, grasp and understand from 'real-life applications point of view' Our aim is to make you understand the application part of the topics of various fields such as Finance, Marketing, Operations and HR. Through our standardized pattern of SCPS training, we will check whether you are gaining only theoretical concepts or if you are also able to apply it in real-corporate-like-situations.