Graduation of TBS & IIM Bangalore first batch of Aerospace MBA

The first batch of TBS and IIM Bangalore Aerospace MBA graduated Friday 29th September at Toulouse Business School in Toulouse, France. More than 40 Indian students joint their fellow partners of the Part Time and Full Time Aerospace MBA taught in Toulouse for the graduation ceremony.

The event, which took place at the main campus of TBS, brought together more than 75 international students coming from India, United Emirates, Kazakhstan, Nigeria, United Kingdom, Peru, France, Morocco, Italy, Mexico, China, Portugal, Hungary, Switzerland, Australia, Turkey, Russia, Sweden, Belgium, Albania.

Representatives from the Aerospace industry, Toulouse Business School and IIM Bangalore assisted to the ceremony and congratulated the delegates.

“We are very proud of our Aerospace MBA, and specially the program in India. This first batch has been a complete success for both TBS and IIM Bangalore. When we opened the registration a couple of years ago, we were expecting to have about 20 students and today we are proud to graduate more than 40 Indian delegates.” reminded François Bonvalet, Dean of Toulouse Business School. “We should also acknowledge the important role played by Airbus for our program in India, as the leading company is associated with the pedagogical aspect of the project”.

Mr Srinivasan Dwarakanath, President Airbus Division in India assisted to the Graduation ceremony and highlighted the importance of specialized education. “Airbus is committed to developing aviation and aerospace ecosystem in India and that’s why the IIM Bangalore and Toulouse Business School Aerospace MBA initiative, by providing training in Europe and in India, equips the students with the necessary leadership skills and a broad base education. This, we think, will help to grow aerospace and aviation ecosystem not only in India but in the region, as well”

Cédric Gautier, CEO of Stelia Aerospace and sponsor of the ceremony, recognized the effort and qualities of this new generation of Aerospace managers. “If you are here tonight, if you have made so many sacrifices, if have you worked so hard, it is because you have a clear vision about the future of the fast-moving aerospace world. Now you understand why I am so proud to be your sponsor tonight, because I have in front of me a fantastic team which represents the future of Aerospace
stated Mr Cédric Gautier, CEO of Stelia Aerospace.

“This first batch of TBS/IIMB AeMBA India does represent more than just a fantastic achievement. It’s very much like the first roll out and first flight of a brand-new aircraft: years of preparation, fruitful collaboration between TBS and IIMB teams, enriching and shared experiences. But the most impressive and satisfactory result is to realize how the graduates have grown to become international high skilled managers and aerospace leaders” stated Professor Christophe Bénaroya, Director of Aerospace MBA programs.

“This is a pioneering effort between IIM Bangalore and Toulouse Business School to enhance professional management capability in the airline and aerospace industry in India. This effort will contribute to the emergence of India as a major player in the airline and aerospace industry” said Dr. Raghunath, Director of Aerospace MBA in India at IIM Bangalore.

Special awards

The Graduation Ceremony distinguished the academic work of Mr Thirunavukkarasu R with the Research Paper Award for his paper “Assessing the potential of IoT in Aerospace”. “I am thrilled and honored for receiving this prestigious award. This recognition encourages me to strive for greater feats”, stated Mr Thirunavukkarasu.

At the same time, Krishna J.S. was awarded for the first Personal Odyssey Prize which honors the most significant and amazing journey in the program, as well as a real team-spirit and high-level behavior. This experienced pilot from JetAirways stated “I just wanted to share with you some feedback regarding the impact of my work with respect to Jet Airways. The Head of Operations requested me to take charge of a Flight Operations Working Group to look at all the policies and processes that impact flight operations. The flexi-work program has become so successful that it has gone from a ‘good to have’ program to that of a primary need for the company. It’s very satisfying to know that I can apply my learnings for the betterment of the organization. The HR department have also been given a copy of my report to help develop a greater insight into the community. I have had an interesting journey over the last two years and the stage has been set for higher personal and professional growth for which I really thank you gentlemen and my teachers.”

A unique MBA, created in Toulouse and delivered in Bangalore

Toulouse Business School’s Aerospace MBA in India is a unique program that offers its graduates a GMAE certificate (General Management Program for Aerospace and Aviation Executives) from the Indian Institute of Management Bangalore (IIMB) at the end of the first year and an MBA at the end of the second. The course allies IIMB’s academic expertise in management (ranked 19th by the Financial Times) and TBS’ aerospace competences which have been built upon since 1999. This unique combination of managerial and technical expertise also represents a step forward in the understanding of European and Indian markets. Airbus, an actor in constant development in India, is associated with the pedagogical aspect.

The average Indian delegate has 15 years of experience and comes from a well-known national or international company or institution, such as the Indian Air Force, Air India, Indigo Airlines, Prime Aerospace Middle East, Airbus Group, Tata, Honeywell Technology Solutions, SpiceJet and UTC Aerospace Systems, among others.

Compared to other emerging economies, India has the largest aviation market. Just considering the civil aviation segment, India is the world’s fastest growing market. In the last three years India experienced a growth of more than 20% in the passenger traffic. The country is expected to add more than a thousand aircraft to its civilian fleet by 2030. On an average one Airbus aircraft will be delivered into India every week for the next 10 years.
TBS is the only business school offering a complete international aerospace and aviation management program. Benefiting from a dynamic environment and its international reputation, the school’s Aerospace MBA was accredited by AMBA in 2002. Since 1999, this high added-value course has graduated 600 global aviation leaders from more than 76 different countries.

About Toulouse Business School

Founded in 1903 by the Chamber of Commerce and Industry of Toulouse, Toulouse Business School now has five campuses: Toulouse, Paris, London, Barcelona and Casablanca.

TBS offers undergraduate and post graduate study programmes: Master in Management, Bachelor programme, Specialized Masters, Masters of Science, MBA programs, DBA (Doctorate Business Administration) and Executive Education programmes and CPA for continuous learning. Its programmes are primarily focused on HR, marketing, finance, chartered accounting, consulting and auditing, but without neglecting cultural, humanitarian, and entrepreneurial aspects. As a key player in the Midi-Pyrénées region, Toulouse Business School also offers training in the aeronautical sector.

Toulouse Business School is part of the 1% of leading Business School with the triple international accreditation EQUIS/AMBA/AACSB. The school has a truly international profile, and has signed more than 190 exchange agreements with universities on every continent. There are nearly 80 different nationalities represented on the various campuses. www.tbs-education.fr/en