Central Institute of Business Management: Empowering Students to become Capable Leaders
VSPM | Business Management:

Education is a great leveller and a tool for reforming any society. A great education system believes in providing equal opportunity to everyone in society to live their dreams. And it depends on the esteemed members of the society to see that no one is deprived of education irrespective of social disparity.

Since independence, India has seen a lot of development on the educational frontier. However, most of it had been concentrated in the tier-I cities with major National Institutes forming the centre of educational reforms. With time, the government and social reformers realized that for an educated India, education needs to reach the masses and not vice-versa. As a result, educational institutes were opened in tier-II and tier-III cities.

In Nagpur, the Vidya Shikshan Prasarak Mandal Academy for Higher Education (VSPM) is a five-decade-old prestigious social organization in the arena of education and health care in the Vidarbha region. In due course of time, the organization has established around 64 academic institutions imparting various regular and professional courses. One prominent institution among them is the Central Institute of Business Management, Research and Development (CIBMRD).

A Premier Institute

Affiliated to Nagpur University and AICTE New Delhi, CIBMRD, was established in the year 1994 and has been successfully running the Business Administration Courses since its inception. On successful completion of the course, the student is awarded the degree of RTM Nagpur University.

The institute strives to inculcate in the students, the capability of growing the business rather than just growing with the business. It also puts efforts into developing leadership skills, an innovative mindset, and a competitive attitude with sensitivity to tap the creativity of the entire team.

Central Institute of Business Management, Research and Development is committed to becoming a centre of excellence in all its endeavours namely teaching, research, consultancy and training for fulfilling the needs and expectations of students, parents, business and society at large, through the processes of self-evaluation and continuous improvement. The NAAC accredted institute has been ranked 32nd among top 50 B-Schools of India by Business Barons issue on B-School Brands.

The management team at CIBMRD strives to become a centre of excellence in management education by promoting high academic and research pursuits and developing competencies of students for growth and development of the region’s economy through meaningful linkages with industry and business.

Academic Programs 

CIBMRD runs academic programs at the graduate and post-graduate levels. Its programs include:

MASTER OF BUSINESS ADMINISTRATION (MBA) – A 2-year full-time regular postgraduate degree course in management (4 Semesters) viz. Master of Business Administration (MBA). Admission to the first year of two-year MBA course is made through the centralized Admission process, i.e., the Common Management Admission Test (CMAT), conducted by All India Council for Technical Education (AICTE).

The institute offers specialization in Financial Management, Marketing Management and Human Resource Management. The complementary group comprises of Operations Management, Business Analytics, Entrepreneurship Development, and International Business.

BACHELOR OF BUSINESS ADMINISTRATION – A 3 year full time regular undergraduate degree course in management viz. Bachelor of Business Administration (BBA). Admission to the first year of three years BBA course is made based on HSC (10+2) examination passed with an aggregate of at least 45% marks having English as a subject. The institute offers specialization in Financial Management, Marketing Management and Human Resource Management.

BACHELOR OF VOCATION EDUCATION – With a new approach to classroom teaching CIBMRD is associated as a Training Hub partner with Tata Institute of Social Sciences School of Vocational Education to conduct 3 years B-VOC degree course from a reputed Deemed university. The degree is affiliated by TISS, MUMBAI. The institute offers specialization in Finance and Banking and Pharmaceuticals.

Eminent Leaders

VSPM is currently managed by its Chairman, Hon’ble Shri. Ranjeetbabu Deshmukh and Treasurer, Hon’ble Dr Ashish Deshmukh (MLA). The functioning of CIBMRD is handled by its Director, Dr Amishi Arora.

Dr Arora has done her doctorate in Marketing Management after having completed her MBA, M.Com. & M.Phil. After spending 15 years in the advertising industry occupying senior positions, Dr Arora joined full-time academics with CIBMRD. She has several research papers/ articles in refereed Journals to her credit. She has participated in several conferences at both national and international level as a presenter as well as a resource person.

She has edited nine compendiums of conference proceedings and has been the Chief Editor of an International Journal for Management. She is also on editorial advisory board of other International Journals and has published a book on Entrepreneurship Development. She is an active member of AIMA, NIPM, NHRDN, AIMS etc.

Dr Amishi Arora has also been the Founder President of National Human Research Development Nagpur chapter and during her tenure, the chapter got the award of “The most promising Chapter”. She has been the recipient of “women leadership Award” by Dewang Mehta foundation in the year 2009 and “Education leader of the year” award on the same platform in the year 2012.

Exposure Programs

CIBMRD believes in the holistic development of students that can prepare them for the professional life that lay beyond the four walls of the institute. To prepare them, the institute runs several programs like:

Vishleshan Budget activity: A pre and post-budget analysis done by students and industry experts.

Udyogsham activity: Students are given group assignments for preparing a complete turnkey project report to promote entrepreneurship skill

Corporate Gurukul: An Industry Mentorship Program carried out by Industry Personnel for a group of students regularly.

Cerebral: Brainstorming through seminars, industrial visits, and projects to represent the intellectual capability of management students.

Chanakya: it is a day to day methodology of teaching through case study and presentation.

Entrepreneurial Development Cell: It carries out several programs to instil knowledge, competence, and confidence to start one’s own business venture.

SDP (Student Development Program): Students are put through a regular training program which comprises of group discussions, presentations, English language Training & Mock Interviews.

Satat: It is an alumnus meet forum to share and exchange present and past experiences.

Kridaangan: It is a sports activity for the promotion of sportsman spirit and teamwork. It gives a chance for exhibiting the quality of a leader.

Apart from the above, the institute also arranges for industrial visits and tours for students to interact and understand the corporate and industrial working and challenges of the present scenario. CIBMRD also has a Research cell and a Placement cell. It also enjoys MOUs with some international universities and Institutions which help broaden student’s perspective and exposure.

Career options for Students

After BBA and B-VOC. students can opt for Higher Education like MBA. Regular placement opportunities are provided to students after their graduation and they can also start their own enterprise. Regular placement opportunities are provided to students after their MBA and they can also start their own enterprise, or they can opt for PhD or research activities.

Growth Ahead

CIBMRD is looking forward to developing a full-scale Incubation Centre for Entrepreneurs. It is also considering developing twinning programs with reputed National and International Institutions. The institute would also be strengthening the existing research centre by taking up research projects and making the students a part of the research activity.

Recent Posts