Education Made in Germany. Global Award for Educational Excellence. Master Program (MBA) German-Indian Management Studies

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1 Education Made in Germany Global Award for Educational Excellence Master Program (MBA) German-Indian Management Studies

2 Germany India The relationship between India and Germany has traditionally been close and amicable. Particularly in the area of business both countries can look back on more than 00 years of intensive Indo-German trade relations. Over the centuries, India as well as Germany experienced mutual benefits due to a substantial exchange of goods and services. As the third leading export nation in the world (behind China and USA), Germany is highly interested in expanding the business relationships with India. Since the beginning of reforms in India in 1991, the Indo-German trade volume has increased to 16.1 billion Euros in Although currently trade relations between India and Germany only represent less than 1% of Germany s total exports, the average annual growth rate has increased to more than 10% over the last decade. These statistics have encouraged German and Indian companies to nominate each other as their preferred export partners. Many marketing experts believe that this mutual trading relationship can develop into becoming the top export markets for both nations. Currently Indian exports to Germany consist of particular textiles, leather products, electro-technical products, pharmaceuticals and machinery. German exports to India primarily include machinery, electro-technical products, automobile products and components.

3 Offering a Bright Future Great Expectations Germany is one of India s most vital trading partners and German companies strive to contribute to the fascinating development and success story of India s growth and development. The vibrant economy of India attracts a lot of German companies which are currently setting up in India or are considering massive direct investments. There are various joint ventures established while other German companies are setting up their own export organizations or are working on negotiations with local distributors in India. Similarly, Indian corporations have become increasingly aware of the potential of the German market that offers various interesting business opportunities regarding technological know-how, valuable business partnerships as well as potential customers. Therefore, Indian companies also have great anticipation regarding the German market, Europe s economic powerhouse, and are establishing their own branches there. Great Opportunities These economic developments offer great opportunities particularly for young and determined academics in the field of engineering, predominantly engineering based on manufacturing of technical components. German and Indian companies require highly qualified employees and/or entrepreneurs to support their business expansion plans to or from India. Therefore, they are in great need of people acquainted with business expertise and an in-depth cultural understanding of both countries. The German language skills will additionally be an asset to the graduates of our program. Great Support Since the beginning of the MBA program the German Business Community has been an integral part of the program design its support since then has been overwhelming: Our corporate sponsors include various regional and national German hidden champions with a SME background operating on an international scale as well as well-known German Global Players.

4 German-Indian Management Studies Due to the positive long-term perspectives on economic developments both, German and Indian companies, are in desperate need of adequately skilled future employees. For accomodating the companies according to their specific requirements the Institute for Advanced Studies (ifw) at Hof University offers in cooperation with PSG Institute of Advanced Studies the unique MBA program "German-Indian Management Studies" (GIMS). This program aims primarily at Indian engineers with the following specializations: The focus of our MBA program is to prepare the graduates for a management position in a variety of functions within German companies operating a subsidiary in Germany, India or worldwide. The main focus of our MBA program is on "Marketing & Sales", "Supply Chain Management" as well as "Procurement Management" aiming at qualifying the students for the following positions: Our GIMS program is a full-time MBA program and therefore takes two years (four semesters) to complete: In the first semester our students are taught at our partner institution PSG Institute of Advanced Studies in Coimbatore, India; the second and third semester are spent at ifw Institute for Advanced Studies at Hof University in Hof, Germany; and the fourth semester is conducted as a paid internship in a company located either in India or Germany, chosen by the student. The Master s thesis is also conducted during this time.

5 Award winning program Due to the unique focus of our program, i.e. our studies are taking place in two countries, the combination of engineering background and management skills as well as the focus on practical exposure of up to nine months during the studies, our GIMS program has earned the "Global Award for Educational Excellence" of the Indus Foundation, Hyderabad, India in 2013.

6 Admission and Tuition Fees Admission and Selection Process The admission and selection process is a joint effort between PSG Institute of Advances Studies and ifw Institute for Advanced Studies at Hof University. Application requirements and Dates Eligibility for admission is based on the completion of degree examination of any recognized university or equivalent and a minimum composite score of 600 in the Management Aptitude Test (MAT) conducted by All India Management Association (AIMA) or an equivalent test as well as one year of practical experience. Applications can be submitted from Feb 1th onwards: GIMS MBA Program PSG Institute of Advanced Studies Coimbatore, India Selection Process and Period The selection process involves the following steps: 1. Written test for English language comprehension and purpose of study (e.g. IELTS) 2. Group discussion 3. Personal interview The selection takes place annually between March to June. Beginning of Course PSG Institute, India, July Hof University, Germany, March Tuition Fees / Costs of Living The tuition fees are 3,70 per semester for three semesters at ifw in Germany and Rs. 1,0,000 for one semester at PSG in India. This includes organizational support from PSG during the visa application process and assistance during the search for apartments in Germany by ifw. Further, it includes organization of student excursions to various companies and field trips to cultural sights or events in Germany. Accommodation and living expenses in Germany are estimated at 60 per month, including health insurance, rent and food.

7 Program Principles of Marketing rd Semester: Oct-Feb 2 nd Semester: March-Sep 1 st Semester: Jul-Feb 4 th Semester: March-Sep (Internship Semester) Logistics and Supply Chain Management Corporate Finance Human Resources German I Industrial Marketing Management Procurement Management Project Management International Negotiation Strategies and Styles German II Business German I and Cultural Training I International Marketing Corporate Strategy Management Accounting Contract Law German III Business German II and Cultural Training II Colloquium Master s Thesis 10 2 either in Germany or India Hof University PSG Institutions

8 About Hof and Hof University with its Institute for Advanced Studies (ifw) Hof is a small town in the northern part of Bavaria and located in the heart of Europe. Hof has 4,000 citizens. Hof s region shows the second-highest industrial density across Europe, specialized in manufacturing machinery, plastic (automobile) parts, ceramics and textiles. Hof University, founded in 1994, offers a modern and positive study environment. Small classes, an ideal student to lecturer ratio of 1:2, modern facilities as well as a safe and green campus are our major arguments. Hof University has a strong focus on India. Thus, we are happy to provide intensive personal support to our growing Indian community.... Coimbatore and PSG Institutions Coimbatore with a population of over 1.6 million is the second largest city of Tamil Nadu. It is an industrial hub for textile factories, engineering firms, automobile parts manufactures, health care facilities and educational institutions. PSG & Sons Charities played an important part in the development of Coimbatore with 23 institutions teaching from kindergarten to doctoral education in various subjects of academic persuit. Since 1926, PSG is devoted to empowerment and social change through technical education in India. In this process, it has educated over 300,000 students and has an annual intake of more than 6,000 students. Managed by: ifw Institute for Advanced Studies at Hof University Alfons-Goppel-Platz Hof, Germany PSG Institute of Advanced Studies Coimbatore, India HochschuleHof

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