IIMB to offer course in aerospace, aviation

IIMB to offer course in aerospace, aviation

The Indian Institute of Management, Bengaluru, (IIMB), in association with the Toulouse School of Business (TSB), France, will offer a general management programme in aerospace and aviation for executives (GMAE). 

The part-time and year-long course, set to commence in April 2015, will be offered as a certificate programme with an option for candidates to complete a full-fledged aerospace MBA programme from the TSB in the second year. 

According to IIMB professor S Raghunath, who is also one of the programme directors,  India is set for a period of strong growth in the aviation sector. 

“Strong market growth rate and development of infrastructure will accelerate business opportunities for the aviation industry and related players. 

“Our country has a record of consistent growth in air traffic in terms of passengers and cargo, and will continue to do so in the future,” he said, adding that both Indian and foreign companies have excellent growth opportunities in the aerospace value chain as players in developed economies are looking to cut costs and improve efficiency. 

He added that with the expansion of growth in the sector, a number of companies would occupy a certain niche in the value chain relating to software, services and technology. Companies such as Tata Advance Systems Limited, Larsen and Toubro, Aviation Software Development Consultancy (a part of Tata), HAL, BEL, Acumen Aviation, Altran Aviation, Apollo Microsystems, Calsoft Labs are already in the fray, he added. 

The programme will also be offered in Toulouse with options to study in Montreal or Seattle and candidates can also choose to take the combination of programmes either in Bengaluru or in any of the mentioned foreign cities.
 During the year, candidates will also have the option to participate in an international immersion week at TSB, where they will get the opportunity to visit and study at various aviation companies. 

The certificate programme will comprise two modules on the principles of core management in aerospace and aviation that will include various aspects such as strategy and aerospace business, marketing, sales and operations management. 

Those who complete the GMAE certificate programme can choose to take up the aerospace MBA either immediately or within two years of completing it. 

The aerospace MBA programme will have faculty from both the institutions together along with experts from the field of aeronautics, aviation, space and defence. 

IIMB and TSB signed an agreement to start the GMAE programme way back in March. According to sources, IIMB hopes to start similar executive programmes in other sectors such as healthcare.