How did a Jesuit institution become a leading business school? Loyola Institute of Business Administration or LIBA’s story began in 1979. The Society of Jesus Jesuits founded it. They aimed to provide quality management education.
LIBA sits on the Loyola College Chennai campus. It’s run by the Loyola College Society. This gives it a unique blend of academic rigor and Jesuit values. These values include excellence ethics and care for the individual.
Initially LIBA offered a part-time PGDBM program. It catered to working executives. In 1995 LIBA launched a full-time PGDM program. The AICTE approved it. The AIU recognized it as equivalent to an MBA.
Today Loyola Institute of Business Administration offers diverse programs. There is a full-time MBA or PGDM program. Also available is a part-time MBA program and executive diplomas. Certificate programs in management are offered too. LIBA is a resource center for doctoral programs. These are in affiliation with the University of Madras.
LIBA boasts several centers of excellence. These include the Centre for Ethics and Governance. There is also the Centre for Retail and Supply Chain Management. The Prof C.K. Prahalad Centre for Emerging India focuses on entrepreneurship. It emphasizes skilling rural youth and women.
LIBA holds accreditations from SAQS AACSB and NBA. These accreditations ensure high educational standards. Its Ph.D. program is affiliated with the University of Madras.
Consider LIBA’s placement record. It is impressive. The highest salary package in 2024 was INR 21 LPA. The average package stood at INR 11.2 LPA. Top companies like Deloitte KPMG and Tata Motors recruit here. LIBA ensures students have diverse career opportunities. Students are placed across 12 sectors.
LIBA’s alumni have found success in various sectors. These include BFSI and IT/ITES. Consulting manufacturing and financial services are included too.
LIBA’s admission process is competitive. Candidates need a bachelor’s degree. They must have a valid score in CAT or XAT. Shortlisted candidates attend group discussions and personal interviews.
The Loyola Institute of Business Administration continues to evolve. It adapts to changing business needs. Its commitment to Jesuit values remains constant. LIBA shapes future leaders who excel ethically. It prepares them to contribute to society.