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In Spotlight: University MBA Programme
MBAUniverse.com Exclusive: University MBA Programme
As ‘multi-disciplinary exposure’ is becoming increasingly important in today’s business environment to solve complex business problems, MBA programmes offered by quality focused Private Universities are emerging as a viable option for MBA aspirants.
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| When compared with Tier-2 and Tier-3 B-schools, these University MBA programs offer many advantages like quality education, better brand name, and in some cases lower fee structure.
The recent rise of private University MBA programs becomes a significant trend in India, as this follows the developments in western MBA education.
As is well known, in the mecca of management education – United States, the reputation of a university is built with the B-schools. Many of the top Business Schools worldwide belong to renowned universities such as Harvard Business School (Harvard University), Yale School of Management (Yale University), Kellogg Graduate School of Management (Northwestern University) to name a few. These B-schools have gained popularity over the years and have emerged as the epitome of management education.
The perception of standalone schools being the best is changing in India also as a number of the private university based MBA programmes have come up in the country in last 5-7 years.
Besides, Government University based B-schools like Faculty of Management Studies (FMS), University of Delhi; Jamnalal Bajaj Institute of Management Studies (JBIMS), University of Mumbai; University Business School (UBS), Chandigarh, private universities have also forayed into management education by setting up their own B-Schools or launching MBA programmes. MBAUniverse.com has interacted with Chancellors and Vice Chancellors of more than twenty private Universities and has noted a growing seriousness within Universities with respect to their MBA programmes.
The Private University based top management programmes in India include MBA programmes run by Narsee Monjee Institute of Management Studies (NMIMS), Mumbai; VIT University, Chennai; SRM University, Chennai; University of Petroleum & Energy Studies (UPES), Dehradun; Alliance University, Bangalore; Institute of Management, NIRMA University (IMNU), Gujarat; Jindal Global Business School, OP Jindal Global University, Sonepat, Haryana; NIIT University, Rajasthan; J K Lakshmipat University (JKLU), Jaipur, Rajasthan; Symbiosis Institute of Business Management, Symbiosis International University (SIU), Pune; Amity University (with campuses in Lucknow, Jaipur and Gurgaon), and GITAM University, amongst others.
Delhi-NCR based Private Universities which offer such MBA programmes include Sharda University; Jaypee Business School (JBS), Jaypee Institute of Technology (Deemed University); School of Business, Galgotias University; Faculty of Management Studies; Manav Rachna International University; and Noida International University, amongst others.
Experts believe that there are several advantages of the MBA programmes run under a University. Besides a higher level of credibility and well established brand name, University MBA Programmes have many reasons to attract best talents to its campuses.
Integration with other disciplines:
The biggest advantage of university based management programmes is that it integrates MBA programs with other disciplines like Engineering, Science, to offer a multi-disciplinary environment to students.
This leads students to think in multi-direction and widens their horizon. The MBA students get to exchange thoughts with students from other discipline on regular basis and this helps them to develop out-of-box ideas.
Dr. Rajan Saxena, Vice Chancellor, NMIMS University says, “At NMIMS we have adopted a ‘multidisciplinary integration’ approach. Rather than teaching marketing, sales, finance, etc in different silos, we have developed an integrated module in which the student gets to learn everything in an interlinked manner during its management education. The approach is towards dealing with 'business' as a whole.”
Dr. Madhukar G Angur, Chancellor, Alliance University feels that Indian B-schools have suffered in one area and that is developing multi-disciplinary approach among its student.
“We didn’t have that mechanism in India for long. But in western countries, this has been in fashion. For example, Harvard has a very solid course that is designed and taught by its Law school and school of business. Those are the things that we have missed so far,” he says. But he thinks that emergence of “University based B-schools and MBA programmes will take management education in a better direction.”
“The advantage with a university is that it has multiple disciplines that builds base for strong collaborative efforts between different disciplines. Management disciplines gains the most in this environment,” he says.
Dr. Michael Barnes, Dean and Professor, Jindal Global Business School agrees with the former. “As you know we have four different schools under our university including a Law school, School of International Affairs and School of Governance and Public Policy, one of the key factor that distinguishes business school like ours is that we give multi-disciplinary exposure to our students,” says Dr. Barnes, adding, “This approach helps applied research and inter-disciplinary research, and makes overall educational environment robust.”
Brand name:
Since there are many professional programs like engineering, medicine, architecture that are run within a university set up, a University based MBA programme comes with a higher level of credibility. This leads to a good brand name to the management faculty in the university, as Dr. Parag Diwan, Founder Vice-Chancellor of UPES, says, “Business School in a university is jewel in the crown. It builds the brand.”
Also, Universities have higher media budgets to promote themselves. Hence their name is well known, compared to relatively unknown Tier-3 B-schools.
“Universities have advantage over standalone B-schools when it comes to spending money on promotion. As a result, they are better known than an average B-school which results in better placements for their candidates,” says a Director of a NCR based B-school.
Also, the university based B-schools offer two-year full time MBA degrees.
Affordable programmes:
Last but not the least, given the large scale of operation, the fee structure of university MBA programmes are more affordable compared to standalone private B-schools. No wonder, a better quality offering at comparatively lower or similar cost is a huge attraction for MBA aspirants.
While MBA programmes at Government Universities have a fee structure that is significantly lower as compared to other B-schools, fee structure in most of the Private Universities range between Rs 5 Lakh to Rs 8 Lakh for two-year full time MBA programmes.
For example, the annual fee for MBA programme at FMS, University of Delhi is Rs 10,500 approximately only. But the cost of MBA programme at Amity University and Jaypee Business School (JBS) is around Rs 5 Lakh, and that of Symbiosis International University (SIU) and JKLU is around Rs 8 lakh. The two year MBA programmes at UPES also cost about Rs 7 lakh. The above mentioned fee structure exclude hostel and accommodation fees.
While there are several advantage of university MBA programmes, there are a few draw backs too. For instance, most Universities require huge building and infrastructure which is not available in city like Delhi or Mumbai. Hence they tend to be based outside the city, which hampers the corporate interactions and lectures. Also, MBA is just one of the streams of education for a University, and bigger programs like engineering tend to hog all the lime light.
Having looked at the advantages let us look at the programs offered and admission process for University MBA programmes.
Different Universities offer different management programs. However, two-year full time MBA programme is the most common programme in all these Universities. Most of these Universities conduct their own admission test and also consider score cards of standard common admission test like CAT, XAT or MAT.
Part two of this article will talk about University MBA programs and their admission process.
Stay tuned to MBAUniverse.com
for University MBA programmes.
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List of B School
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ALLIANCE UNIVERSITY SCHOOL OF BUSINESS
Location: Bengaluru / Bangalore
Contact No.: +91 80 30938000/1/2/3/4
Email ID: enquiry@alliance.edu.in
Website: www.bus.alliance.edu.in
Address: City Campus: 2nd Cross, 36th Main, Dollars Scheme, BTM I Stage, Bangalore - 560 068, Karnataka, India.
Central Campus: Chikkahagade Cross, Chandapura-Anekal Main Road, Anekal, Bangalore - 562 106, Karnataka, India.
School Snapshot
Alliance University is a Private University established in Karnataka state by, Act No. 34 of year 2010 and is notified under the list of Private Universities maintained by the University Grants Commission (UGC), New Delhi. Alliance University has multiple campuses in Bangalore. The university is located on an extensive state of the art campus on the Chandapura Anekal Main Road, Bangalore. Campus design and construction on an additional 105 acres of land in Anekal is underway. The city campus of the university is located in BTM Layout, Bangalore.
The University aspires to be among the best universities in the world by the year 2025 through a series of strategically crafted moves, precisely calibrated action plans, and an unwavering commitment to the pursuit of excellence.
Alliance University is renowned for its offerings of a variety of degree courses. While its oldest professional school-the School of Business-is consistently ranked among the top ten B-scchools in India by various ranking agencies, the University having already established the College of Commerce and the College of Engineering and Design, is in the process of establishing many other prominent academic units, viz, College of Arts and Humanities; College of Sciences; College of Media and Communications; and School of Health Professions and Studies. Alliance University has extensive collaborative arrangements with leading institutions and universities worldwide.
Alliance University constantly strives to serve the areas and domains that have the potential to improve the quality of life for large sections of the society. These include among others:
1. Sustainable Development
2. Green Energy
3. Holistic Medicine
4. Vocational Training
5. Traditional Arts and Crafts
6. Science and the HumanitiesIn all these endeavors, Alliance University would relentlessly work towards equity, social justice, and fairness. Alliance University commits itself to providing a rare ambience for all of its stakeholders, and reaffirms to be the torchbearer for ethical and moral values. It will at all times subscribe to the doctrine of humanism, be a responsible and responsive institutional citizen, and uphold the highest values in its activities and programs. Above all, Alliance University pledges itself to be an extraordinary constituent that the society and the country would truly be proud of.
For More Details -
GALGOTIAS UNIVERSITY (GREATER NOIDA)
Location: Delhi-NCR
Contact No.: 0120-4370000, 0120-4513999
Email ID: admissions@galgotiasuniversity.edu.in, international.office@galgotiasuniversity.edu.in
Address: Plot No.2, Sector 17-A , Yamuna Expressway, Greater Noida, Gautam Buddh Nagar, Uttar Pradesh, India
School Snapshot
Galgotias Universitys mission is to graduate socially responsible future technologists and business leaders with good communications skills, problem solving skills and an entrepreneurial spirit with a commitment to economic development. With a strong multidisciplinary knowledge base, graduates of GU will be well prepared to succeed in an increasingly competitive global economy.
With a focus on multidisciplinary research and education and a learning model that emphasizes active learning, GU aspires to be globally known for innovation at the intersection of disciplines. GUs bold vision builds upon over a decade of excellence of Galgotias Institutions in engineering and business education. Galgotias Institutions have been nationally ranked by India Today, Business Today and Outlook for their programs in engineering. Galgotias Business School was recently recognized by Dun and Bradstreet as a leading business school in India. With a 100% placement record for the last four years supported by multinational firms like Accenture, Hewitt, IBM, Infosys, Nokia, and Samsung, Galgotias Institutions have earned the respect of top performers in the industry.
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INSTITUTE OF MANAGEMENT, NIRMA UNIVERSITY, AHMEDABAD
Location: Ahmedabad
Contact No.: 02717-241900-04
Email ID: admissions@imnu.ac.in
Website: www.imnu.ac.in/www/index.asp
Address: The Deputy Registrar, Institute of Management, Nirma University, S G Highway, Ahmedabad. 382 481
School Snapshot
The Institute of Management is a constituent institution of Nirma University, a statutory university established under the Gujarat State Act. The university is recognized under the University Grants Commission (UGC) under Section 2 (F) of the UGC Act and accredited by the National Assessment and Accreditation Council (NAAC).The Institute has world-class infrastructure with air-conditioned amphitheater - classrooms; digital library with 24 hours online access; 24 hours Internet access and connectivity through wi-fi; and separate hostels on the campus for boys and girls. The faculty of the Institute is a rich blend of people with diverse academic background and industrial experience. The institute offers Post-Graduate and Doctoral level Programmes in management.
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Jindal Global Business School, O.P. Jindal Global University
Location: Haryana - Other
Contact No.: +91-130-3057800, 3057801, 3057802
Email ID: admissions@jgbs.edu.in
Log On: http://www.jgbs.edu.in/
Address: Sonipat Narela Road, Near Jagdishpur Village, Sonipat, Haryana - 131001, NCR of Delhi, India
School Snapshot
O.P. Jindal Global University is a non-profit global university established by the Haryana Private Universities (Second Amendment) Act, 2009. JGU is established in memory of the Mr. O.P. Jindal as a philanthropic initiative of Mr. Naveen Jindal, the Founding Chancellor. The University Grants Commission has accorded its recognition to O.P. Jindal Global University. The vision of JGU is to promote global courses, global programmes, global curriculum, global research, global collaborations, and global interaction through a global faculty. JGU`s this vision will in some measure enable the State of Haryana and India to become a provider of international education and a leader in the transnational knowledge economy. JGU is situated on a 60-acre state of the art residential campus. JGU is one of the few universities in India that maintains a 1:15 faculty-student ratio and appoints faculty members from different parts of the world with outstanding academic qualifications and experience. The international educational background and experience of our faculty members augurs well for our inter-disciplinary approach towards higher education. JGU`s global vision and global orientation are its unique characteristics. JGU`s global vision is also recognised by many institutions worldwide and has enabled JGU to develop international collaborations with the United Nations University, Harvard University, Yale University, University of Michigan, Cornell University, New York University, King`s College London, University of Cambridge, and many other reputed universities and educational institutions worldwide.
Vision
The vision of Jindal Global Business School is to impart global business education to equip managers and professionals with skills and knowledge to efficiently tackle challenges faced not only by businesses but also by NGOs, entrepreneurs and government organisations.
JGBS will offer multidisciplinary education to foster academic excellence, global collaborations and linkages between inter-disciplinary research and teaching.
India, which is on the verge of becoming an economic superpower, must produce world-class professionals, scholars, and academics to compete globally. History indicates that excellence in education leads to economic growth and development. JGBS plans to progressively establish international collaborations with globally ranked business education institutions, conduct joint research, offer global programmes and host international conferences, seminars, symposia, workshops and round table events.Jindal Global Business School (JGBS)
Jindal Global Business School (JGBS) that is now being established is committed to facilitating free thinking and reflection upon global business issues that affect different people across the world. JGBS will begin its first academic session in 2010 and will provide a congenial environment for promoting excellence in teaching and research.
Redefining Business Education in India
Business education is witnessing a shift from conventional to innovative learning. Students are being trained in real life situations to effectively respond to business issues. There is an increasing emphasis on work experience prior to postgraduate studies and share past knowledge to help chart a roadmap for the future of business. Moreover, intercultural and cross-cultural understanding has become an important component in a global managers profile. Todays business education should encompass these issues too. A business school programme should enable students to deal with issues and ideas that are important for business creation and development. It should also help students develop competencies that go beyond theoretical knowledge and make their education relevant.
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JK LAKSHMIPAT UNIVERSITY
Location: Jaipur
Contact No.: +91-141-2168330/344/167
Email ID: admission.im@jklu.edu.in
Address: Laliya ka Vas, P.O. Mahapura, Ajmer Road, Jaipur, Rajasthan - 302026
School Snapshot
Brief about University
JK Lakshmipat University has been promoted by the JK Organization, one of the leading Indian Industrial Conglomerates of the country with a rich heritage of more than 100 years. It is recognized by Government of Rajasthan and covered u/s 2(f) of the UGC Act. Set up in a sprawling 30 acre campus in the city of Jaipur, JK Lakshmipat University offers an open, green and high-tech learning environment to students, combining the serene settings of the Gurukuls of yesteryears with the technological advancements of the new age. The University presently offers Engineering and MBA programmes matching to world class standard of academic excellence.
Brief about the Institute
Institute of Management (IM), the flagship Institute of the University has been established to develop business leaders for tomorrow, who will be capable of meeting the challenges of corporate world. With right blend of conceptual inputs and practical exposure, the Institute is ready to offer the best of both the worlds to the young professionals. With state-of-the-art facilities in terms of Wi-Fi enabled campus, amphitheater type classrooms equipped with all modern audio-visual equipment, rich library, comfortable residential facilities on the campus, shopping complex, gymnasium, sports facilities for indoor & outdoor games and the conscientious mentoring of students by the faculty residing in the campus, the Institute is poised to become one of the best known business management Institute in the country and globe. -
NARSEE MONJEE INSTITUTE OF MANAGEMENT STUDIES (NMIMS), MUMBAI
Location: Mumbai
Contact No.: +91 - 22 - 2613 4577 / 2618 3688/ 4235 5555
Email ID: enquiry@nmims.edu
Address: SVKM`s Narsee Monjee Institute of Management Studies, (Deemed-to-be University), School of Business Management, V. L. Mehta Road, Vile Parle (W), Mumbai - 400 056. India.
School Snapshot
Brief about institute / Introduction: The Narsee Monjee Institute of Management Studies (NMIMS), established in 1981 under the aegis of Shri Vile Parle Kelavani Mandal (SVKM) has over 6000 students and more than 300 faculty members who represent an eclectic mix of industry and academic experience. It has off-campus centres at Shirpur in Maharashtra, at Bengaluru and Hyderabad. Recent Businessworld B-School Survey has ranked NMIMS as 4th best b-school in the country and Outlook ranked it as 5th best private b-school.
NMIMS has seven Schools offering programs across various disciplines such as Management, Technology, Science, Pharmacy, Architecture and Commerce at graduate, postgraduate and doctorate levels.
All Full Time MBA Programs of NMIMS School of Business Management are rated A*** by Crisil.
NMIMS has an excellent placement record, with leading multinational and national companies being the major recruiters. In tune with the swiftly evolving global scenario.
NMIMS has linkages with a number of globally renowned foreign universities such as Case Western University, US, Grenoble Ecole de Management, France, The Royal Melbourne Institute of Technology (RMIT) Australia, Athens University of Economics and Business, Greece, Rouen Business School, France, ESSCA dAngers and Budapest.
NMIMS also has a partnership with the Harvard Business School for a Faculty Development Program. It has applied for EQUIS (European Quality Improvement System) Accreditation, a significant step towards evolving as a global university and precipitating the internationalisation process.
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NIIT UNIVERSITY
Location: Delhi / NCR
Contact No.: Toll Free No: 1800-300- 5454
Email ID: mba@niituniversity.in
Log On: http://www.niituniversity.in/
Address: NIIT University Neemrana, NH-8 Delhi-Jaipur Highway, District Alwar, Rajastha- Neemrana-301705
School Snapshot
We believe an MBA program goes beyond just a robust curriculum and satisfactory placement. While 27 courses and 13 electives enable students to build management competencies. Beyond that, a vibrant 247 campus with students of many disciplines and cultures leads to a unique cross-fertilisation of knowledge, and holistic, experiential learning.
Companies that visited the campus this year are Nestle, Coke, Jubiliant, Fortis, ICICI bank, Makemytrip, Allcatel, Genpact, NIIT. Salary packages were in the median range of 6-9 ctc per annum.
Mentorship program by CEO
Through the Mentorship Program, each MBA student will be mentored by an eminent CEO and coached by an industry professional, names like Manoj Kohli (airtel), Raghupati Singhania (JK Industries) and Bhaskar Pramanik (Oracle India) are a few who have agreed to mentor the NU-MBA students.
Scholarship
NU is a not for profit organization and is here to make careers; it offer scholarships to all meritorious students of up to 100 percent also up to 50 percent of the batch is eligible for scholarships ranging from 100% to 50% on the admission fees.
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SCHOOL OF BUSINESS STUDIES, SHARDA UNIVERSITY
Location: Greater Noida
Contact No.: +91-120-3121001/2, +91-120-4699000, Toll Free No. 1800 102 6999
Email ID: admission@sharda.ac.in
Website: http://www.sharda.ac.in/
Address: Plot No. 32-34, Knowledge Park III, Greater Noida, UP 201306
School Snapshot
Sharda University...An Overview
Sharda University offers the latest and continuously upgraded industry endorsed curriculum in line with the best practices of US and UK Universities. Fully-simulated instructional material is developed within the University and is delivered using the latest audio-visual aids by experienced Indian as well as international faculty members. The learning approach, intensive industry and practical exposure, live projects, continuous assessment, convenient and flexible credit options, and flexible evaluation pattern make Sharda University a truly global University.
All the schools offer programs at undergraduate, postgraduate, and Ph. D. levels. Currently, there are 6,500 undergraduate and 500 post graduate students, and 200 Ph. D. scholars enrolled with the University. We currently have more than 400 International students.
School of Business Studies
Amongst the leading Business Schools of India, SBS provides management education with innovative applied research, practice based and harnessing technology and best management practices to shape young brains. It endeavors to prepare them for a successful and ambitious career to embrace the fiercely competitive globalised business world.
Corporate engagement is one of the key features that sets SBS apart from most other Business Schools. Interaction with business leaders and entrepreneurs is programmed throughout the academic year, through industrial visits and workshops, thus giving students a practitioners perspective. Students participate as professionals with industrial and corporate consulting teams and gain hands on exposure of corporate ambience, experiential learning, networking, and real life business issues and solutions.
International Collaborations, Affiliations & Study Abroad: To develop enlightened professionals with focus on industry practices in the global settings and to enable them to compete and win over their pears as global citizens, SBS has been fostering International Collaborations, Affiliations and arrangements with leading International Business Schools. Read MoreSchool of Business Studies- Highlights
1. Complete one Trimester Equivalent work at a Foreign University.
2. Fully flexible credit based structure, with Dual Specialization
3. State-of-the-art Infrastructure and Campus facilities
4. National and International Faculty- Best among peers Intellectual capital
5. Industry exposure through study tours, projects, and Corporate tie-ups
6. Practical experience on advanced analytical softwares like SAP, SPSS, Prowess, Sugar CRM, and Oracle
7. 100 % placement assistance
8. Rated by Dun& Bradstreet as one of lndias Leading Business Schools 2011
9. CRISIL National grading of B SchoolTo learn more about School of Business Studies, Click Here
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