Loyola Institute of Business Administration (LIBA)
Loyola
Institute of Business Administration (LIBA) is a premier B-school,
established in 1979 inside the Loyola College campus, to form leaders who
would excel with ethics both in life and work and make a difference in
society. It is a Jesuit business school, run by Society of Jesus, popularly
known as Jesuits, globally renowned for their outstanding contribution to
education from the year 1540. LIBA is one of seventy five Jesuit higher
education institutions in India, to mention a few, St Xavier’s College,
Mumbai, St Xavier’s College, Kolkata, St. Joseph’s University, Bengaluru,
XLRI, Jamshedpur and XIM University, Bhubaneswar.
LIBA stands for excellence with ethics which are the key characteristics of
Jesuit business education. Excellence (Magis) rooted in ethics is seen in
LIBA as competence. LIBA believes that what should motivate students at the
deepest level should be what we might call “hungers” or “desires” that drive
and inspire their idealism and their sense of hope. LIBA guides the students
at every level to see business leadership as an opportunity for service to
others, especially the marginalised, and for the common good. LIBA strives to
equip them with the skills to survive in today’s volatile economy, but they
also need to yearn for integral human development – the development of the
person as a whole, what we call care for the individual person (Cura
Personalis). In this VUCA world, LIBA helps the students develop some key
essential competencies for a new kind of leadership which views uncertainty
and ambiguity as opportunities and relies on innovative learning skills,
effective use of technology, fluent communication and team work as important
skills for bringing about a positive change. LIBA’s Teaching-Learning-Assessment
(TLA) is innovative and formative as it moved away from conventional exams
but more of assessments of learning based on one’s core competencies and
understanding application of ideas to solve the problems of the real world,
experiential learning with a clear emphasis on Outcome Based Education
(OBE).
LIBA primarily offers three programmes – Two Year PGDM Full-Time, Two Year
PGDM Weekend, Two Year PGDM Online – approved by AICTE, and Ph.D programme
affiliated to the University of Madras – and more than thirty, One Year
Executive Diploma and Certificate programmes. The Management Development
Centre (MDC) in LIBA offers various customized programmes, short-term and
long-term, to companies and business enterprises with a focus on upskilling
leadership competencies. Prof. C.K. Prahalad Centre for Emerging India (CKPC)
of LIBA offers training and courses skilling the rural youth and women to
help them become entrepreneurs. LIBA is ranked high as one of the top ten
business schools and is accredited by NBA.