How To Deal With International Business

When it comes to international business, the one thing you need to remember is that you will be dealing with new cultures or with people from other cultures. While your focus is always on getting the job done, knowing a little international business etiquette is going to go a long way.

So here are some things you should know about international business before you negotiate:

Always have your business card with you.

Your business card contains everything about you and the international business you are running. Hence, at an introduction, it is only appropriate to present a card. Not only is it a viable way of advertising your services, it also shows your willingness to do business.

Tailor your business style with the culture you’re dealing with.

As previously mentioned, dealing with different cultures is an unavoidable consequence of international business. As such, you need to conform your business style to that of the business organization or company you are dealing with. Sometimes, the direct approach will work best.

For instance, Australians are more responsive to straightforward presentations as their culture has taught them to value directness, with emphasis on both the positive and negative outcomes. However, the same cannot be said of Chinese business people who largely rely on subjective feelings and personal experiences in forming opinions and solving problems rather empirical evidences.

As an international business, keep in mind that the differences in culture will often call for different business approaches.

Dress to succeed.

No matter what country you are dealing with, the general rule in business attire is to wear tasteful clothing that is neither too flashy nor too casual. Some businesses may allow casual wear. However, when in doubt, it is best to err on the formal side.

For women, the standard attire may be business suits or dresses. Conservative is the name of the game. Pantsuits, in classic styles, are also acceptable. Pay attention to where the business meeting is set. Rural areas or small towns tend to favor less formal business clothes.

Making appointments.

Having a contact set up a meeting for you will help you get an appointment. Key decision makers in businesses are often hard to reach without the right connections. But some business cultures would prefer personal relationship to the superficial business entries.

Of course, being on time for appointments is a sign of good manners and respect you afford the person you are meeting with. Therefore, punctuality should always be a priority. This applies even if the person you are meeting with shows up a little late.

There are some countries that prefer mornings as appropriate times to set up appointments. But take note of some other countries like the Philippines and Mexico that consider mid mornings to mid afternoons as proper times for meetings.

Using An Ibc To Own International Real Estates

IBC or the International Business Corporation is another name for an offshore company that has been formed under various laws and is supposed to be a tax free company. IBC’s cannot do business in the same jurisdiction in which it was formed. There are various offshore jurisdictions, who have allowed formation of IBC’s and these include Anguilla, British Virgin Islands, Bahamas, Antigua, Nevis and Gibraltar. Having an IBC has its own advantages although these vary according to the jurisdiction like:

IBC have corporate tax exemptions, and stamp duty exemption. These advantages are applicable only if the IBC is not involved in any local business from that particular jurisdiction. Only the company registration tax is payable.
As an IBC, you will have a wide range of corporate powers to exercise in various activities and business ventures.
The IBC will also be able to issue shares in bearer form or registered form.

IBC’s incorporated in offshore location can be used to own real estate property. As is known, owning real estate has always been and still is a great investment option because it always appreciates in value. If you use an IBC to own real estate, then you will end up saving quite a significant amount in Transfer taxes and Stamp Duties. This can be done by making a transfer of shares of the IBC to a third party or purchaser. This is much better than transferring the title to the real estate. This helps to keep the IBC or the nominal owner unaltered although the beneficial ownership in the IBC would be changed.

When real estate is owned by an IBC and not an individual, then in such a scenario a vendor who wishes to sell the property will be selling the company shares and not the physical property. This is a legitimate way of avoiding capital gains tax. This also helps in avoiding inheritance tax in some cases. Another advantage of buying real estate using an IBC is that in certain jurisdictions it is easier to sell through transfer of company shares rather than transferring the company owned real estate property. One more advantage is that it facilitates the process by which several individuals can own a part of the interest accrued by the property, without being the actual owner of the real estate property.

If you use an IBC to own real estate in an offshore location then your investment is going to be safe. Most offshore jurisdictions have strong security and privacy laws for IBC’s and there is no way anyone can file for a claim of your property. Your real estate property will be under asset protection program in that particular jurisdiction. This is much required as the world today is surrounded by an environment that creates and facilitates taxes, lawsuits, taxes, and financial risks, which can take away your property. After all at the end of the day, it your hard earned money that you have invested in buying real estate. So using IBC to own offshore real estate is the most economically and strategically viable option.

Wow Green International A Scam Or Is It

Not to long ago in February of 09 Allie T. Mallad founded Wow Green International, An enzyme based green set of home cleaners. Allie T. Mallad and his counsel have a mission statement to free the world of toxic chemicals, one household at a time. Wow Green International is still in the pre-launch phase, and the one question that been on everyone mind is wow Green a SCAM or is wow green an illegal pyramid schemes.well lets review a illegal pyramid is a company where there no product been exchange they just flip money and flip money is illegal, so do wow green offer product YES,do wow green flip money NO. so the company is not a scam, next question can i make alot of money with wow green well that all depends on you.

Wow Green International is in the network marketing/direct sales industry and alot of network marketing company do not teach there representatives how to run a sucessful home based business.So you have to ask your self im i willing to do what it takes to learn the skills and mindset on how to build a sucessful wow green business. Wow green pays it distributor alot of money for building there business but alot of people are struggling to build there business cause they are trying to build there business useing the old technique of network marketing that wow green teaches.

So is Wow Green International business side a SCAM in a way it really is reason why, To build a sucessful home based business you must leverage the internet. Wow Green teaches it reps the old school of network marketing like going to meetings,talking to everyone they see in shopping malls,passing out flyers and etc if you are doing this you have a higher chance of failing in this awesome business. The correct way to build your business and have a nice size residual income in a year or less is using the internet. Google is the number one website in the world just think about if your content was on google and how many people will see that a day and how many people will be contacting you about what you have to offer,you can explode any business.

Once you learn how to use the internet to build your business you will get paid way more then what you are getting now and wow green will be very happy to have you as one of there reps, but first you must learn how to use the internet cause you dont want to waste a ton of money on google adwords and etc you need proper training. So the big question is do i want to learn how to make the big money using the internet or do i want to continue to use the old school of network marketing.

How To Get An Ibc Owned Property Mortgaged

IBC or International Business Corporation is an offshore company, registered in an offshore location or in a country other than the country of origin. If you’re an IBC, you can invest in property, open offshore banking accounts and enjoy several other benefits as well. In the last decade or so, laws and regulations have changed in the real estate sector for IBC. For example, earlier it was difficult to purchase property in the United Kingdom as an investment or selling the same property or renting it out to get an income. The toughest part was to get the finance to streamline this process.

The options were limited but now the situations have changed drastically. You can get a mortgage on an IBC owned property, which is in an offshore destination miles away. There are companies in U.K, who have come out with various mortgage plans aimed at IBCs, who use their offshore properties as mortgages for acquiring finances. Some of the U.K companies who have come out with these mortgage products have specifically targeted them towards servicing ‘limited’ companies, which are based in offshore tax havens and jurisdictions like Guernsey, The Isle of Man, Gibraltar and Jersey. One of the offers includes an attractive 85%, three year fixed rate mortgage with a current interest rate of just 5.99%.

But then not all lenders or financial institutions offer mortgages on IBC owned property. You will have to look for the specific one. Although, there are still very few companies specializing in mortgages on offshore property or IBC owned property, with a little guidance from your consultant and the Internet, you can find the right financial institutions.

There are some advantages for people to use an offshore company or IBC structure to purchase investment property in various countries like UK or USA. This kind of an arrangement can lead to mitigation of capital gains tax and inheritance tax. The icing on the cake is that if you, as the owner of the IBC, want to gift or sell your property, which is actually in the name of IBC, then you can transfer shares within the company instead of transferring the property physically. This way, you can legally avoid stamp duty of that particular country. Coming back to mortgages, there are two ways of getting mortgages on IBC owned property.

The first one is to apply for an international mortgage from an offshore bank. The process may look confusing but here is how it works: you approach a lender in the country in which you want to purchase the property, and then you re-mortgage your existing property and use the secured capital to buy offshore. Secondly, you can approach the local lenders in the country where your IBC has been incorporated and use the IBC owned property as a mortgage. Since the IBC has been incorporated in the same country, hence getting the mortgage from a lender of that country is easier.

Global Trade Business – Risks And Challenges

Global trade businesses have to take care of challenges and risks at various parts. Some risks are same as the risk and challenges faced by a local business but others are unique to the international business scenario. Even the challenges that are related by definition vary in nature. For instance both forms of businesses have to countenance economic challenges, but a global trade business will be facing several issues linked to international financial markets that don’t concern local businesses as much. They are more of a challenge in nature than risks and most of them can be taken care of through appropriate preparation. Keep reading to identify with these challenges better.

Global Trade – Challenge, Scheduling and Approach:

The very first challenge for a global enterprise is to formulate an international approach and then execute it. The administrators and those at decision-making positions often find it hard to alter their thought pattern, which is not good to work in international paradigm. There are numerous worldwide businesses but only a few of them have really accepted a good international approach. Though the situation is improving with more and more professionals and trained graduates taking on the management positions. Nevertheless, global business management needs additional ordinary management, foreseeing and control talents.

Foreign Politics:

Political expertise is a must for everyone but it becomes all so vital when working at global stage. If some plans were appropriate for your trade, a change in ruling government can bring strong changes in those plans. Political disarray will bring down the financial system and that can affect your business. To avoid safeguard business from such unhelpful bangs, you need to make sound political decisions.

Economic and Financial Challenges:

It begins from organizing the resources to initiate global trade and consist of everything like variation in exchange rate, international financial crisis (or some financial crises in the host nation), change in oil rates, international price rises or tariff barriers imposed by the host ruling party, also the export related rules of your own government.

Natural Catastrophe, Environment and War or Terrorism:

Various multinational businesses have to countenance severe opposition by some environment friendly organizations. Citizens are more worried about water and air pollution these days as it is becoming a severe danger to their health. Some natural calamity such as earthquake and floods or some kind of civil war breaking out in the host nation is also in the catalog of potential challenges. A fresh challenge that a global trade business has to bear these days in some specific nation is the danger of bombing, violence or terror campaigns.

Taking Your Business International

Q: I’m interested in doing business internationally. I have done some reading on the subject, but there is an awful lot to digest. Have you had any experience in this matter and can you suggest the best way to get started? — P. Granger. A: Great question, Mr. Granger, though not one I’m personally qualified to answer since I have not had direct experience with international sales. So like any good columnist without a clue I can either make up something and hope it sounds semi-intelligent or I can consult someone who really is an expert on international sales and let him answer your question. Since my agreement with The Times prevents me from fabricating anything other than my true age (I’m 29), let’s go with the latter. I called on Jose Rodriguez, President of RISMED Oncology Systems, a Huntsville company that provides high medical technology to radiotherapy professionals around the globe, to get his input on the subject. Jose is an old friend and client and if anyone can give pointers on doing business internationally, Jose is the man. Jose believes that the decision to do business beyond your own backyard should be based on your success as a local, domestic business first. “Unless the business is intended to be one that sells to international customers only, one should not jump into international business until they have devoted the time to develop a good local and domestic business first,” Jose recommends. Here are a few other points Jose recommends that you keep in mind when considering an entry into the international business arena. Instill Confidence In Your Customer Regardless of the type of product or service you sell internationally, you must be ready to provide your international customer with an even higher level of service that you offer your domestic customers. To instill confidence in your international customers you might have to offer such things as around the clock telephone support, extended warranties, and other services that help the customer have confidence in doing business with you. Know The Rules You must understand all of the rules and regulations that govern international business practices in this country as well as those in your customer’s country. Understanding the rules will allow you to provide service beyond the expectation of the buyer and operate within the boundaries of the law. Understand The International Shipping Process If goods are being shipped internationally you must have a thorough understanding of shipping modes and regulations. Any difficulties with shipping will always be viewed by the buyer as the seller’s responsibility, right or wrong. Understanding the entire shipping process and having policies in place will help avoid shipping problems and keep the customer happy. Work With Experienced Companies Always look for experienced companies to work with, especially when if comes to shipping, insurance, freight forwarders, etc. Such companies are great allies and will help keep everything in order and will also help in solving problems related to their end of the process. Signed and Sealed Never conduct business under verbal orders. Always put everything in writing with the required signatures. Doing international business is different than domestic business. Outside the United States signatures and seals are required to seal the deal. Don’t worry about offending your customer as this is just part of doing business internationally. Include A Packing List If shipping goods, always do a packing list and always number the packages (if 5 packages are being sent, label them 1/5 [1 of 5], 2/5, etc.). If anything is lost, they will know which package is missing and you will have sent a packing list detailing what was in every package, making it easy for the customer, the shipper and the insurance company to solve the problem. Also, always insure your goods for at least 110% of their value. Have A Damage Policy Always have a note in your paperwork requiring damage or losses to be reported within 24 hours. Damage reports should be made to the customer’s local delivery company as well as to the shipping company on your end. Signing Off If you are selling services abroad, always have the required paperwork so that as the work is finished or as deliveries are made, the customer signs off in agreement with what was delivered. Ensure Payment Depending on the amount of the sale, always require payment in advance in U.S. currency or payment through a letter of credit to be paid out in U.S. currency. You might also require that the letter of credit be irrevocable and transferable, that it allow for payments of partial shipments, etc. The more flexible the letter of credit, the better, and usually such clauses are yours just for the asking. There are many other considerations you should investigate before starting your international business, but that’s a great list to get you started. Thanks for the great advice, Jose. I couldn’t have said it better myself.

Business: International Business Article Category

Make the most out of startup tools. Signing on on Facebook, let alone creating a page or group are the cause of your business.are zero cost. Once you have set ready an account, you can begin building your social networking site and looking for potential customers or friends of potential customers that might be interested in your business. What’s the bill? Zero. The only requirement: to be patient in sending brother requests and in the looking for that can become hot for your business. It is also one of probably the most enjoyable forms related to small business marketing / promoting. Online marketing or vast marketing, relates towards an established certain of resources and strategies utilised towards promoting products and after that services by option of the net. These providers services may seem versions that possess produced on your own own or an individual be products or possibly services that your market for another person , individual then will pay for out a get when you trade them. If you are is meant to be a brief comparison and reminder of some valuable yet often bypassed method to collect data on international marketers and consumers. You plan to craft over the internet, you may even so need to realise your business named in the country or territory you’re planning to operate. You also have find out those things that registration and certificates apply to firm. His best thing to attempt to do is make your inquiries with any local government. One other way to approach getting your first couple of clients is to start with your immediate eliptical – you certainly know a involving people in endeavor and they perhaps know even more people in business. Let your family and friends know what one does. Which the fun component would be able to now begin in the form of you are ready to to experiment thanks to the flavours and / or designs that might set you at a distance from your competitors. This might possibly be the easiest cycle as your enthusiasm is what received you to here point in an 1st place. Customers adore prepared goods that are usually made from the beginning.There is also a increasing market because gluten-free products, typical baked goods not to mention healthier desserts. Regardless of at the same time cute and originative your designs are, they must taste fantastic to acquire return sales. Start with any limited menu and then you can potentially grow your vary as you understand how what your market dictates. This clear-cut separation of economic from community increases the problem of coexisting within a harmonious environment. Despite the fact that a business may be to be farmed out the burden of responsibilities still apply. The business provides a tax revenue as very well as product, facility and employment. There are interwoven responsibilities which represent the stimulus for economic considerations. Here in reality, the two more groups tend appear at transactions via very different sides. Lenders are mostly fretful with whether all the borrower can repay the money, even although investors are better interested in how you can far an guru can take a business idea. Ask yourself specifically what approach you would want to want your bank partner to take, because chances are, they will becoming with you your very long time-typically five to many years.

Cross-Cultural Challenges In the International Business Management

The company where I was working was taken over by a British multinational company in the mid 1990s. The newly appointed Managing Director from UK, during one of his visits to the plant, inquired how Gujarati people eat food at home. Having heard the response, he decided to sit down on the floor and have Gujarati food, along with all the senior colleagues of the plant.

What was the Managing Director trying to do? He was trying to appreciate the cultural norms of the new place and show his willingness to embrace. Such a behavior by the Managing Director obviously helped the local management open up more during subsequent discussions.

In the last 2 decades, cross-cultural challenges in the international business management have become prominent as the companies have started expanding across the territorial boundaries. Even leading management schools in India have started incorporating cross-cultural challenges as part of the curriculum of the international business management.

“Culture” being one of my interest areas, I recently had accepted an invitation to educate the students of a Diploma program on the International Business Management, on the topic of cross-cultural challenges. For my preparations, I browsed through many books on the subject. My knowledge-base got enriched substantially as the treasure of information contained in these books, was invaluable and highly relevant.

This article is an effort to present, some of the relevant issues related to the cross-cultural challenges in the International Business Management.

What is “Culture”?

Culture is the “acquired knowledge that people use to anticipate events and interpret experiences for generating acceptable social & professional behaviors. This knowledge forms values, creates attitudes and influences behaviors”. Culture is learned through experiences and shared by a large number of people in the society. Further, culture is transferred from one generation to another.

What are the core components of “Culture”?

Power distribution – Whether the members of the society follow the hierarchical approach or the egalitarian ideology?

Social relationships – Are people more individualistic or they believe in collectivism?

Environmental relationships – Do people exploit the environment for their socioeconomic purposes or do they strive to live in harmony with the surroundings?

Work patterns – Do people perform one task at a time or they take up multiple tasks at a time?

Uncertainty & social control – Whether the members of the society like to avoid uncertainty and be rule-bound or whether the members of the society are more relationship-based and like to deal with the uncertainties as & when they arise?

What are the critical issues that generally surface in cross-cultural teams?

Inadequate trust – For example, on one hand a Chinese manager wonders why his Indian teammates speak in Hindi in the office and on the other hand, his teammates argue that when the manager is not around, why they can’t speak in English?

Perception – For instance, people from advanced countries consider people from less-developed countries inferior or vice-versa.

Inaccurate biases – For example, “Japanese people make decisions in the group” or “Indians do not deliver on time”, are too generalized versions of cultural prejudices.

False communication – For example, during discussions, Japanese people nod their heads more as a sign of politeness and not necessarily as an agreement to what is being talked about.

What are the communication styles that are influenced by the culture of the nation?

‘Direct’ or ‘Indirect’ – The messages are explicit and straight in the ‘Direct’ style. However, in the ‘Indirect’ style, the messages are more implicit & contextual.

‘Elaborate’ or ‘Exact’ or ‘Succinct’ – In the ‘Elaborate’ style, the speaker talks a lot & repeats many times. In the ‘Exact’ style, the speaker is precise with minimum repetitions and in the ‘Succinct’ style; the speaker uses fewer words with moderate repetitions & uses nonverbal cues.

‘Contextual’ or ‘Personal’ – In the ‘Contextual’ style, the focus is on the speaker’s title or designation & hierarchical relationships. However, in the ‘Personal’ style, the focus is on the speaker’s individual achievements & there is minimum reference to the hierarchical relationships.

‘Affective’ or ‘Instrumental’ – In the ‘Affective’ style, the communication is more relationship-oriented and listeners need to understand meanings based on nonverbal clues. Whereas in the ‘Instrumental’ style, the speaker is more goal-oriented and uses direct language with minimum nonverbal cues.

What are the important nonverbal cues related to the communication among cross-cultural teams?

Body contact – This refers to the hand gestures (intended / unintended), embracing, hugging, kissing, thumping on the shoulder, firmness of handshakes, etc.

Interpersonal distance – This is about the physical distance between two or more individuals. 18″ is considered an intimate distance, 18″ to 4′ is treated as personal distance, 4′ to 8′ is the acceptable social distance, and 8′ is considered as the public distance.

Artifacts – This refers to the use of tie pins, jewelry, and so on.

Para-language – This is about the speech rate, pitch, and loudness.

Cosmetics – This is about the use powder, fragrance, deodorants, etc.

Time symbolism – This is about the appropriateness of time. For example, when is the proper time to call, when to start, when to finish, etc. because different countries are in different time zones.

Karatbars International Business – Opportunity or Rip-Off?

Karatbars International is an E commerce company. They do, however, offer a very lucrative affiliate rewards program. They are NOT considered MLM. The difference is very clear. The Company has zero sponsorship requirements or monthly purchase requirements in order to earn commissions.

Karatbars International has gained much attention for their ways to earn income opportunity, especially their 12 Week Plan to Financial Wealth. There are some very real concerns about starting or participating in this business. In this article, we will go through and give an unbiased review of the pros and cons of the business, and see if they are a great business opportunity… or a great rip-off.

Karatbars International – The Good

Karatbars International was founded in 2011. They are a company which offers an attractive and affordable option for the consumer to purchase 999.9 24K pure gold bullion per gram, as well as their specialty lines of gold merchandising, collector & gift cards. This company offers the consumer an independence to own, manage & control their personal purchases. They are providing an opportunity for everyone worldwide to own gold at an affordable price point.

The headquarters and the logistics center of the company is located in Stuttgart, Germany. It is responsible for the support, marketing, customer and partner communication, execution and delivery of orders. Their Headquarters also co-ordinates the launch of new countries throughout Europe.

Karatbars International offers its customers several storage options:

* Storage Prosegur (free) – Frankfurt Neu-Isenburg

* Storage Switzerland (charged) – A direct contract with the Swiss company

* Storage Singapore (charged) – A direct contract with the Singapore company

Deliveries in smaller quantities are packaged under video surveillance at the home of Karatbars International and shipped via FedEx daily.

The affiliates can refer others to an online Gold Savings Plan and earn commissions whether or not they personally purchase their products.

Karatbars International – The Concern
Whether or not Karatbars International is a good business opportunity, it is clear to say that the most valuable assets are precious metals.

Several people are referring to Karatbars International’s gold product as LBMA certified gold. Please note, the LBMA does not certify gold, they certify the refinery.

This Company claims to be the only company that will buy back an affiliate’s gold.

Karatbars International – Ugly

Karatbars International, like many other online companies, teach their distributors to leverage their “warm market”, friends, family and/or anyone you bump into. However, when a new distributor comes talking to their friends and family about making a tremendous income with a business opportunity… and the distributor is not making any money… there is a credibility issue that occurs, and the distributor is positioned as a gopher for someone else’s business.

Growing this business can be a great opportunity. They appear to have a good service. There are plenty of companies that offer purchasing gold online but you must be aware:

* Is the Gold 999.99 24K pure
* Where are the Gold Refineries that are producing the Gold
* Is the Gold Refinery LBMA Certified
* Does the Company have free storage
* Will the company buy the gold back(this is huge)

In closing, I would say that starting and developing a Karatbars International business is lucrative if you know how to effectively use the telephone, the Internet, and other effective marketing tools. Many people who market great products never make a dime. It is not a rip-off, but like any business, success will be determined by the skill-set of the marketer. This Company is definitely not a lottery ticket or a stock option – meaning, you do not just exchange your currency to gold and wait for a payout.

The difference is the marketer, and their ability to target their market effectively to others, that this makes sense to. If someone does not have the first clue on how to market effectively, then I would suggest they either learn how to be an effective marketer, or just use Karatbars International as a way to effectively move your money from one pocket(Financial Institution) to a more secure pocket for the means of protecting your assets; as a hedge.

This article can be freely published on a website as long as it is not modified in any way including the author byline and active hyperlinks.

Vickie Smith is a professional marketer and has marketed numerous of different products and services. To find out more about Vickie and how she has exported precious metals Internationally and how she is now using her education, knowledge and journey in helping others reach their life’s financial potential, you can go… here.

Symbiosis Institute of International Business (SIIB) Pune

SIIB: Admissions open for 2016-2018 batch
When it comes to planning their post graduation, there are very few who can actually think beyond the obvious MBA in general management. However, with the dawning of the era of specialisation, this trend seems to be changing. An increasing number of people are on the lookout for career opportunities that are interesting as well as rewarding. After all, job satisfaction is primary but you still need to stash some cash for the life ahead, isn’t it. Well, Symbiosis Institute of International Business could be your key to realising this dream of building a career that sets you apart from the league of the ordinary.
What courses does it offer?
Currently, SIIB offers three different courses. The MBA in International Business is a two year program that focuses on giving the students a fair idea about the globalised business scenario. First things first, business today is no longer restricted by its location. Irrespective of the area in which you are located, you can actually take your business throughout the globe. This indicates the steady growth of international business and so the modern day managers are expected to have the capacity to think global yet act local. This is exactly what the MBA program by SIIB focuses on. Through its two year course, SIIB introduces students to the various aspects of international business talking about everything from the rules to the laws and the benefits.
Moving on, the other interesting option at SIIB is the MBA in Agribusiness. In spite of being an economy driven by agriculture, we are unable to utilise the potential of this sector simply due to the lack of proper training. SIIB plans to change all of that with its two year MBA in Agribusiness course. As you would have already guessed it, the program is focused on understanding and practicing agriculture as a growing and popular form of business.
Lastly, students at SIIB can also pursue the MBA in Energy business which is a niche field that focuses on understanding the nuances of the energy practices and best possible options for students when they evolve into professional managers.
Each program includes training which is certified according to the dynamic industry standards. Additionally, as part of the course, SIIB encourages students to take up internship with leading organizations. This actually acts as an eye opener because it is at this stage that students realise their true calling.
Admission
The Admission process for SIIB starts with the SNAP test. It is important for students to register for the SNAP test and follow it by an individual registration with the institution as well. Once the confirmation is received, the SNAP score of the applicant is sent to the institute. If shortlisted, candidates are invited for the round of group discussion and interview that follows. It is the combined score that actually decides the fate of the admission. Therefore, it is important for the student to focus on clearing all aspects.