Loyola Institute Of Business Administration (LIBA): The Truth
About Online PGDM

jaro education
28, August 2024
6:00 pm

Loyola College in Chennai stands as a beacon of academic excellence, renowned for its dedication to nurturing the leaders of tomorrow. Since its inception, it has been a cradle for innovation, leadership, and social responsibility. At the heart of this esteemed institution is the Loyola Institute of Business Administration (LIBA), which continues to be a trailblazer in shaping professionals who excel in today’s dynamic business environment. Through a blend of rigorous academics and real-world applications, Loyola Institute of Business Administration cultivates a profound understanding and a well-rounded skill set in its graduates.

Understanding Loyola College

Loyola College, founded in 1925, began its journey with just 75 students and three undergraduate courses in Mathematics, History, and Economics. Over the decades, it has evolved significantly. By gaining autonomy in 1978, the college embraced a modernised approach to education, continuously improving teaching strategies and implementing effective evaluation methods. It has earned the prestigious “College with Potential for Excellence” tag from the University Grants Commission (UGC) and is celebrated as a “College of Excellence.” Today, Loyola College is home to over 12,000 students across 19 diverse postgraduate and undergraduate programs. In 2024, it was ranked 8th by the National Institutional Ranking Framework (NIRF), a testament to its academic prowess.

*The Indian Express

Introducing Loyola Institute of Business Administration (LIBA)

Loyola Institute of Business Administration is recognized as one of Chennai’s premier management institutions. LIBA offers a range of distinguished programs, including the Two-Year PGDM Full-Time, Two-Year PGDM Weekend, Two-Year PGDM Online, and a Ph.D. program affiliated with the University of Madras. The institute is renowned for its commitment to producing leaders who embody fairness and accountability.

One of Loyola Institute of Business Administration’s standout offerings is its Online PGDM program, meticulously crafted for working professionals who are eager to advance their careers without stepping away from their current roles. This program not only delves into the core principles of management but also integrates innovative approaches to address contemporary business challenges. Through interactive learning, industry-relevant case studies, and mentorship opportunities, students are well-prepared to excel in their careers while balancing their professional responsibilities.

*Loyola Institute Of Business Administration

Why Choose an Online PGDM at LIBA?

In today’s fast-paced, digitally connected world, the Online Post Graduate Diploma in Management (PGDM) has become a pivotal choice for professionals aiming to enhance their business acumen without disrupting their careers. The key distinguishing factor of this programme is the curriculum, which is identical to the full-time PGDM program so online learners do not miss out on any aspect of the course. The Online PGDM divided into at Loyola Institute of Business Administration is designed to fit seamlessly into the busy lives of professionals, offering a comprehensive curriculum that fosters both personal and professional growth.

- LIBA is accredited by AACSB which is an international accreditation, setting it apart from the other institutions offering similar courses in Chennai and India.
- This program offers the ability to pursue a dual specialisation, which is not easily found elsewhere. There are also attractive scholarship facilities up to Rs. 75,000.
- After finishing the graduate course students are eligible to pursue a PhD, just like they would post a standard MBA.
- The program is structured in such a way that students are not required to take any examinations, but instead are assessed using assignments, quizzes, case studies and projects.
- LIBA offers classes even during weekends to suit people who are working.

Synchronous and Asynchronous Learning

LIBA incorporates both synchronous learning and asynchronous learning thus offering students an opportunity to work around their hectic schedules. Synchronous learning is characterised by the simultaneous presence of teachers and students so that communication occurs in real-time. This method utilises live webinars, video conferencing, or chat which provides instantaneous feedback, discussions and interaction to replicate normal classroom experience. Asynchronous learning on the other hand gives students the choice of when to engage with course-related content including lectures and assignments.

Students have the opportunity to interact with instructors and/or industry experts via live webinars and gain exposure to current trends and practices. Moreover, students analyse case studies and try to solve proposed problems, this ensures hands-on learning and students use the knowledge and skills they have to work on real-life problems. The program also grants access to Coursera for certain electives, enabling students to use a wide range of resources.

Let’s explore some of the key features of Loyola Institute of Business Administration’s Online PGDM:

Core Courses

The core courses in the Online PGDM program include Managerial and Financial Accounting, International Business, Business Law, E-Commerce and Digital Marketing. These subjects offer students a well-rounded understanding of various business domains, enabling them to grasp the functionalities and intricacies of different aspects of management.

Specializations

Loyola Institute of Business Administration’s Online PGDM offers several specialisations, allowing students to tailor their education to their career goals:

- Marketing Management: Focuses on strategic marketing management, skills such as market research, consumer behaviour, brand management, and digital marketing strategies. Students develop expertise in customer relations, advertising, and branding, enhancing their ability to drive successful marketing campaigns and engage audiences effectively.
- Financial Management: Emphasises financial analysis, investment strategies, corporate finance, and risk management. Financial management equips professionals with skills in financial planning, forecasting, and data-driven decision-making, enabling them to navigate the financial landscape and drive business growth.
- Human Resource Management: Centers on effective people management, including recruitment, performance, and organisational development. Students learn about employee management policies, efficient hiring practices, and workplace equality, ensuring they can help employees realise their full potential.
- Business Analytics: Focuses on statistical analysis and data-driven decision-making. It provides students with the ability to analyse large datasets, interpret insights, and formulate strategic business decisions based on data.
- Healthcare Management: Prepares students for leadership roles in healthcare with a focus on policy, systems management, and quality improvement strategies. It covers ethics, laws, and policies in the healthcare system, helping students develop plans to enhance patient care and manage resources efficiently.

These specialisations are tailored to address current market trends and provide students with the skills needed to adapt to changes in their respective fields.

Capstone Projects

Capstone projects are a crucial component of the Online PGDM program. They are comprehensive assignments that represent the final academic culmination of a coursework. Students are expected to build upon all the knowledge and skills gained throughout the program. Capstone projects require research, critical and practical thinking, and application, thereby empowering students to be competent in their specialisations. These projects enhance both the critical and creative aspects of students as they find solutions to contemporary challenges, which are often research-based, involve analytics, and teamwork. The capstone projects also enable students to gain concentrated knowledge in a particular aspect of the subject thus helping them master various key principles and strategies. It prepares students for the challenges of different professions by making them undertake a pertinent project and at the same time enhancing their academic profile.

Admission Process

Eligibility:

- To be eligible for the Online PGDM program, candidates must have a bachelor’s degree with at least 50% aggregate marks.
- 2 years of work experience in business, industry, or government is preferred; but is not mandatory.

Duration: 2 years (6 trimesters)

The admission process at Loyola College and Loyola Institute of Business Administration is designed to be comprehensive and fair. Applicants are evaluated based on their holistic profiles, including professional experience, academic qualifications, leadership qualities, and other personal attributes. The process involves submitting a Statement of Purpose and participating in a screening call conducted by the online program committee. Successful candidates receive an admission offer letter, reflecting Loyola Institute of Business Administration’s commitment to selecting individuals who align with its mission of creating socially responsible leaders.

Affordability and Fees

Total Fees: Rs. 3,50,000

Loyola College values your investment in education, offering a flexible fee structure for the Online PGDM program. This arrangement is designed to ease the financial burden on students, allowing students to focus on their academic and professional development without compromising financial stability. It also offers an easy EMI option to pay the fees in instalments. Loyola Institute of Business Administration’s commitment to affordable education reflects its dedication to providing high-quality learning experiences while upholding ethical standards.

Placement and Career Support

Loyola Institute of Business Administration boasts an outstanding placement record, with a 100% placement rate. Graduates benefit from a robust placement network, with top salaries reaching up to 21 lakhs per annum and an average salary of 11 lakhs per annum. The final placement process involves around 50 companies, while 40 companies participate in summer internship recruitment. Interns also enjoy substantial stipends, with the top stipend reaching Rs. 75,000 per month and the average being Rs. 31,640 per month. This impressive placement record underscores Loyola Institute of Business Administration’s dedication to its students’ success.

The institute’s recruitment partners include major firms such as J.P. Morgan Chase, Tata, ICICI Bank, Asian Paints, and Volvo. These prestigious companies recognize Loyola Institute of Business Administration’s graduates for their high calibre and readiness to tackle modern business challenges, further validating Loyola Institute of Business Administration’s reputation as a leading institution in business education.

*Loyola Institute Of Business Administration

Is LIBA's Online PGDM on Par with an MBA Degree?

If you wish to boost your professional career with a program instilled in global standards of education, then consider Loyola Institute of Business Administration’s online PGDM. It’s a fabulous equivalent to an MBA. UGC has also regarded that an online MBA program holds the equivalent value as an offline MBA program. The PGDM offered by LIBA is precisely structured in order to be an equivalent of an online MBA, thus ensuring that the graduates from such programs are accorded the same respect and opportunities in employment.

The program is also AICTE approved, a further testament to its excellence.The online PGDM is equivalent to an MBA degree as it delves into everything ranging from strategic management, finance, marketing, operations, and human resource management. A typical MBA program ranges from 100-120 credits, this online PGDM requires the completion of 120 credits.

Most specifically, it is appealing how this program fits within a dynamic business environment; it achieves this by offering a proper balance of academic learning with the real-life application. This helps in personal growth and prepares you for a flexible leadership role that enables you to face any kind of challenge in any field.

You will learn from the best faculty and experts with their long experience in the field. Students also have access to great career services, networking opportunities, and personalised advice to gain success.If you are looking to accelerate your career, opening newer avenues, then the Online PGDM at Loyola Institute of Business Administration is the smart step. The Online PGDM provides a level of education and professional development that is equivalent to that of a traditional MBA

Rankings and Accreditations

Loyola Institute of Business Administration’s commitment to excellence is reflected in its numerous awards and accreditations:

- Ranked in India’s Top Colleges by NIRF (2024): Loyola College and Loyola Institute of Business Administration are acknowledged for their excellence, ranked 8th in the top colleges list and 66th in the management category respectively.
- Global Business School Network Members (2020): Loyola Institute of Business Administration joined the AACSB network, advancing global business education through this esteemed association.
- Internationally Accredited by SAQS: Loyola Institute of Business Administration holds SAQS accreditation, a benchmark for quality improvement in South Asia, awarded by AMDISA.
- Nationally Accredited Courses by NBA (AICTE): The institute’s courses are recognized by the National Board of Accreditation, affirming quality approved by the All India Council for Technical Education.

*SPJIMR

Key Highlights of LIBA's Online PGDM

Loyola Institute of Business Administration’s Online PGDM offers several remarkable benefits, ensuring students receive a top-tier education:

Comprehensive Curriculum

The curriculum is meticulously designed to cover a broad range of business and management topics. Loyola Institute of Business Administration offers a well-rounded education, from fundamental business concepts to advanced management strategies. This approach prepares graduates for diverse managerial roles and equips them with the knowledge and skills to tackle business challenges effectively. The faculty’s commitment to excellence ensures that students receive a strong foundation in both theoretical and practical aspects of management.

Flexibility for Professionals

The program’s flexibility is tailored for professionals balancing work and study. It accommodates busy schedules, allowing students to pursue their education while managing their professional and personal commitments. This flexibility is ideal for ambitious individuals seeking career advancement without compromising their current roles.

Extensive Networking

Enrolling in Loyola Institute of Business Administration’s Online PGDM connects students with a vast network of alumni and peers. This network is invaluable for career development, offering opportunities for meaningful professional relationships and career advancement. The program fosters a sense of community, encouraging both formal and informal networking.

Leadership Development

The curriculum emphasises leadership and strategic thinking, equipping students with the tools to handle increasing responsibilities and lead effectively in a constantly evolving business landscape. The program aims to develop future leaders who are prepared to tackle complex challenges and drive positive change.

Global Recognition

Accredited by AICTE, Loyola Institute of Business Administration’s Online PGDM enhances your professional profile and opens doors to global career opportunities. This recognition underscores the program’s high quality and prepares graduates to contribute effectively in any organisational setting.

Personal Development

The program focuses on personal development, including soft skills and emotional intelligence. This holistic approach ensures that graduates emerge as well-rounded individuals capable of leading with empathy and effectiveness in today’s business world.

Learning Resources

Students have access to a wealth of resources, including digital libraries, guest lectures, and webinars. These resources keep students updated on the latest developments and support their learning journey.

World-Class Faculty

Loyola Institute of Business Administration’s faculty comprises experts with extensive experience and a commitment to student success. Their expertise ensures that students receive a world-class education, blending theoretical knowledge with practical insights.

Convenience and Access

The online format of the program is designed for ease and accessibility. Students can engage with the coursework at their convenience from any location, making it easier to pursue higher education while managing existing commitments.

Alumni Stories

Loyola Institute of Business Administration’s alumni often reflect on their transformative experiences at the institute. The cultural and academic diversity at Loyola Institute of Business Administration enriches both professional and personal lives. Graduates value the blend of academic rigour and practical experience, which prepares them for success in their careers. They appreciate how Loyola Institute of Business Administration has expanded their skills and provided a platform for personal growth.

One alumnus recalls how the diverse environment at Loyola Institute of Business Administration broadened his perspectives and enhanced his professional journey. Another shared how the challenging yet supportive atmosphere of Loyola Institute of Business Administration facilitated significant personal development. These stories highlight the institution’s commitment to nurturing talent and fostering an environment conducive to growth and success.

Conclusion

The Loyola Institute of Business Administration stands out as a premier institution dedicated to academic excellence and holistic development. With its world-class faculty, extensive resources, and state-of-the-art facilities, LIBA equips graduates to thrive in the complexities of the modern business world. The active alumni network further reflects the transformative journey LIBA offers, preparing professionals to tackle any challenge and shape the future of business.

LIBA’s Online PGDM is a compelling choice for those looking to advance their careers while balancing their professional and personal lives. Its commitment to academic rigour, flexibility, and social responsibility ensures that students receive a robust education and are well-prepared for leadership roles. For personalised career guidance and more information, connecting with career counsellors at Jaro Education can help you explore how LIBA’s Online PGDM could be a pivotal step in your career journey.

Frequently Asked Questions

Is the Loyola Institute of Business Administration online PGDM worth it?

The online PGDM offered by the Loyola Institute of Business Administration is valuable for learners to develop managerial skills and open career opportunities with convenient flexibility. It also offers the same curriculum as on-campus students receive, with the help of their experienced faculty members.

Is LIBA a good college for an MBA?

LIBA is considered a prestigious school for an MBA because of its rich academic curriculum, industry interface, and experienced teachers, which make for a complete study of business administration.

Is Loyola College Chennai Tier 1?

Loyola College Chennai is a reputed institution across the whole country because of its high level of academic standards, reputed faculty members, and superior alumni network. In 2024, this institution was placed 8th among the best colleges throughout the whole country by NIRF.

Why choose Loyola College Chennai?

The advantage of opting for Loyola College in Chennai is its superior academic courses, holistic formation, emphasis on ethics, and above all, a vibrant campus life, where one finds many avenues for the overall development of personality and career through co-curricular activities and industry interactions.

What is the highest package at Loyola Institute of Business Administration?

The highest package at LIBA does not remain the same but is competitive with the top business schools in India, depending on market situations and recruitment trends happening across the years.

What does a PGDM mean at LIBA?

It stands for Postgraduate Diploma in Management, this program offers knowledge in the different areas of management.

Who can apply to Loyola Institute of Business Administration’s PGDM?

A bachelor’s degree or an equivalent with aggregate marks of at least 50%. Work experience of 2 years preferred to help them work in the complexities of the modern business environment.