iimbx

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IIMBx

IIMBx is the digital learning wing of IIM Bangalore. Founded in 2014 with a clear vision to make high quality higher education accessible to all–irrespective of any social or economic constraints. https://iimbx.iimb.ac.in/

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IIMBx courses

IIMBx courses are available on three different platforms. Explore & Learn from the world-class faculty!

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Storyboarding – the blueprint your course needs

Think of a house without a blueprint. How does it look?

The blueprint lays out a map of your house and the design on which you can build your dream home. A storyboard does that to your course. It lays a foundation, maps out the  flow of your content, presents ideas for visual design and reduces the amount of rework you have to do. So, as a MOOC creator, why should you have a storyboard?

A storyboard gives your course a stable structure. It clearly documents every aspect of your course with specific visuals, audio, graphics, branching scenarios, and text. When you are working with multiple stakeholders on a course, the storyboard gives you a clear picture of how it’s planned. It serves as a central document that keeps everyone on the same page. This helps seamless team collaboration. In your storyboard, every screen is well-planned. You can move screens or make multiple changes as it goes through different rounds of reviews. This saves a lot of time and speeds up the content production process. Integrating an interesting story or scenario increases learner engagement and experience. It helps your learner to relate to the course. So, are you ready to draw up the blueprint for your new digital learning endeavour?

[This blog post was written by Usha Ganesan, Department Head, IIMBx]

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Lights, camera, auction!

Do you watch movies? Have you ever come across a distressed protagonist, up against the hammer of an auctioneer? No, Thor was not the auctioneer here. But let your imaginations fly.

As part of a course on quantitative marketing research, we conducted an auction. The auction was mainly held to measure willingness to pay, or WTP.

Now, let me bombard you with some theory. It will take just two minutes of reading and absorption, I promise.

Simply put, WTP is the maximum amount you are willing to pay for a product or service. As you may have guessed, however, this isn’t very easy to measure. One of the ways we go about calculating the WTP is the second price auction.

Now, what is second price auction? I can go on, right? With the football season around, I can get some extra time.

A Vickrey auction (yep, second price auction has a fancy nickname) is a type of sealed-bid auction. Auctioneers submit written bids without knowing what the others put down. This is where it gets interesting. The highest bidder may win but they pay what the second highest bidder submitted.

Fun fact. Alright, it’s just a fact: William Spencer Vickrey won the Nobel prize in economics in 1996.

Now, coming back to the auction we conducted as part of our MOOC. How did we do it? How many participants were there? What was auctioned off? Was money involved? If yes, how much?  Who won the bid? Did the exercise truly reflect the WTP of the participants? And, most importantly, was Thor a part of the whole exercise?

For insights on what we did (and much more), join Professor Prithwiraj Mukherjee and me on IIMBx’s latest course on quantitative marketing research.

Watch this space for the release date and other developments. In the meantime, let’s hope for the best for Uruguay, since its flag is eerily similar to that of Argentina.

[This post was written by Mayurakshi Chakraborty, Pedagogical Research Associate at IIMBx]

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Reinvent your work experience!

What are the things that get you excited to wake up each morning and start another day, sing another verse, write another chapter in the evolving story of your life?

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Vision & Mission of IIMB

Our vision is to be a global, renowned academic institution fostering excellence in management, innovation and entrepreneurship for business, government and society.

https://iimbx.iimb.ac.in/about-iimbx/ 

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Understanding E-learning Market : IIMBx Podcast

The digital learning initiative of IIM Bangalore. In a series of bit- sized conversation with individuals working in the IIMBx team as well as professionals and teachers engaging with the online learning ecosystem, we would like to explore the dynamics of eLearning space. One Idea at a Time! If you are curious and excited about the online learning space, then this podcast that encompasses the experiments, findings, success, failures, learnings and questions that the IIMBx team would like to share with the world, is for you.

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IIMBx: Digital learning initiative by IIMB

IIMBx is an emerging leader in India’s fast-growing digital learning space with over 1502000 learners, spread across 190 countries.

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IIMBx Digital Learning

As the Digital Learning initiative of IIM Bangalore, IIMBx creates online courses utilizing the subject matter expertise of the IIMB Faculty. The department constantly explores and engages with state-of-the-art technological, research and creative tools to come up with content that is learner-centric, engaging and effective.

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IIMBx

IIMBx is the digital learning wing of IIM Bangalore. Founded in 2014 with a clear vision to make high quality higher education accessible to all–irrespective of any social or economic constraints that learners might have–IIMBx creates and offers online courses with the help of faculty from IIM Bangalore.

IIMBx’ s vision is to create a positive social impact by leveraging technology to make education inclusive, accessible and transformational.

Digital Learning

As the Digital Learning initiative of IIM Bangalore, IIMBx creates online courses utilizing the subject matter expertise of the IIMB Faculty. The department constantly explores and engages with state-of-the-art technological, research and creative tools to come up with content that is learner-centric, engaging and effective.

Partnerships

IIMBx partners with Government, Academic Institutes and Corporates to deliver specialised courses and programs to their respective cohorts. These partnerships focus on skillbuilding, upskilling, training and social impact. We have partnered with MOOC, edX and so on.

National Co-ordinator

The MInistry of Human Resource Development, Government of India, has appointed IIM Bangalore as one of the nine national coordinators for its SWAYAM initiative.

IIMBx is vested with the responsibility of ensuring that best quality educational content is produced and delivered through the SWAYAM platform in the Management area.

Find IIMBx courses here:

IIMBx uses its very own platform to create customised courses for its partner institutes and organizations. Here, partners find a customised experience to suit their candidates’ specific training/learning needs and requirements.

The Ministry of Human Resource Development, Government of India, founded SWAYAM to offer high quality online learning experience to Indian learners in every nook and corner of the country. As a National Coordinator and Course Provider for SWAYAM, IIM Bangalore offers its online courses on the program platformand strives to realize its founding principles: Access, Equity and Quality.

edX is the digital learning initiative by Massachusetts Institute of Technology (MIT) and Harvard University. edX hosts university-level online courses created by the best universities across the globe in a wide range of topics. IIM Bangalore is the first management school from India to join edX as a participating member.

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Accounting and Finance

A business’s performance is strongly influenced by four foundational drivers of profitability i.e. Asset Management, Cost Management, Leverage Management, and Tax Management. Analyzing and evaluating the role of each of these driving factors calls for a thorough understanding of Finance and Accounting on the part of the decision-makers. Hence, an aspiring entrepreneur or a budding manager can never afford to overlook the importance of building a strong financial acumen as they plan to run their venture or business successfully.

This IIMBx MOOC on Accounting and Finance taught by Prof MS Narasimhan is designed for graduates, working personnel, managers, and entrepreneurs who intend to build their financial acumen. The course will enable learners to evaluate business performance and help them identify the areas for improvement.

In this MOOC, one will learn to read and analyse financial statements, manage costs, prepare cost sheets, budget, and make cost-based decisions. The MOOC also provides an overview of financial markets to raise capital of different types. This will help learners develop the ability to prepare and evaluate finances for their business plans and manage working capital.

By the end of this MOOC, you will be able to:

Explain the accounting terms and concepts

Read and interpret the different elements of financial statement

Analyse the financial statements

Explain the different costing techniques

Apply the knowledge of budgeting process to prepare different kinds of budgets required in an organisation

Brief about the financial markets and the financial instruments

Elaborate on capital budgeting techniques

Describe the working capital management

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FREE CERTIFICATIONS Courses from IIMB. Should I take it or Not. Detailed Analysis & Doubt Clearing

FREE CERTIFICATIONS Courses from IIMB. Should I take it or Not. Detailed Analysis & Doubt Clearing

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IIMBx : Learn anywhere, anytime!

IIMBx is the digital learning wing of IIM Bangalore. Founded in 2014 with a clear vision to make high quality higher education accessible to all–irrespective of any social or economic constraints that learners might have–IIMBx creates and offers online courses with the help of faculty from IIM Bangalore.

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Bayesian Statistics

Business school students, working professionals and anyone who is interested in learning Bayesian statistics with the basic knowledge of mathematics.

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IIMBX Online Course in Accounting for Decision Making

The IIMBx MOOC on Accounting for Decision Making is designed for graduates, entry-level managers, and personnel already serving in managerial positions to provide them with the necessary foundational knowledge in Accounting as their roles might demand.

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IIMB - Vision and Mission

IIMB's vision is to be a global, renowned academic institution fostering excellence in management, innovation and entrepreneurship for business, government and society.

Nurture innovative global business leaders, entrepreneurs, policy-makers, and social change agents through holistic and transformative education

Provide thought leadership that is contextually embedded and socially relevant and makes a positive impact

Pursue excellence in education and thought leadership simultaneously without making any tradeoffs

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IIMBx - edX

Free online courses from Indian Institute of Management Bangalore.

Indian Institute of Management is dedicated to excellence in education, and our vision is to be a global, renowned academic institution fostering excellence in management, innovation and entrepreneurship for business, government and society. Along with 11 disciplinary areas, we have ten centres of excellence that offer courses and conduct research on interesting questions facing various sectors of industry.