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.