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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.

 

List of B School

  • ALLIANCE SCHOOL OF BUSINESS, ALLIANCE UNIVERSITY, BANGALORE

    Location: Bengaluru / Bangalore

    Contact No.: 080-30938000/1/2/3

    Email ID: asob@alliance.edu.in

    Address: Chikkahagade Cross Chandapura - Anekal Main Road , Anekal Bangalore - 562106 Karnataka , India

    More details

    School Snapshot

    Alliance University is a Private University established in Karnataka State by Act No.34 of year 2010. The University is jointly recognized by the University Grants Commission (UGC) and the All India Council for Technical Education (AICTE), New Delhi.

    Alliance University is awarded the Best Private University of the Year by the Associated Chambers of Commerce and Industry (ASSOCHAM) of India, New Delhi.

    The University has baccalaureate concentrations, postgraduate offerings, doctoral degree programs and several professional certificate programs.

    The Master of Business Administration (MBA) course offered by Alliance School of Business, Alliance University, is the flagship course of the School and is accredited by the International Assembly for Collegiate Business Education (IACBE), USA - a premier international accreditation body for business management programs.

    The course is designed to equip graduates with the skills, abilities and knowledge that will enable them to take up positions of higher responsibility in the corporate world anywhere, or to become entrepreneurs.

  • COLLEGE OF MANAGEMENT & ECONOMICS STUDIES, UNIVERSITY OF PETROLEUM ENERGY STUDIES(UPES), DEHRADUN

    Location: Delhi / NCR

    Contact No.: 1800-102-8737, 011- 41730151/52/53

    Email ID:

    Address: Campus Address: Energy Acres, P.O. Bidholi via-Prem Nagar, Dehradun-248007 Enrolments office: UPES, 210, 2nd Floor, Okhla Phase-3, New Delhi- 110020

    More details

    School Snapshot

    UPES College of Management & Economics Studies (CoMES) combines all the facets of management and economic principles to provide graduate and post graduate programs that are focused on the vital domains of Energy, Infrastructure, Transportation, Analytics & International Business.

    UPES CoMES is offering this year an expanded bouquet of 10 MBA/Masters programs. With a projected investment of one lakh crore in the infrastructure sector in the current five year plan, all programs of UPES CoMES are poised to throw up encouraging career opportunities. Most of the MBA programs at UPES are well-established and have received encouraging response from recruiters. These programs are designed to develop future managers who are completely aligned to their respective sectors. Combining general management studies with sector specific inputs, these MBA programs empower you to effect change in the core sectors powering India`s economic growth. As a result, they hit the road running and are able to fast track their careers as soon as they join the industry.

  • 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

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    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.

  • INSTITUTE OF MANAGEMENT NIRMA UNIVERSITY, AHMEDABAD

    Location: Ahmedabad

    Contact No.: +91 - 02717 - 241900 to 04

    Email ID: admissions@imnu.ac.in

    Website: www.imnu.ac.in/www/index.asp

    Address: Sarkhej - Gandhinagar Highway, Post: Chandlodia, Via: Gota, Ahmadabad - 382 481.

    More details

    School Snapshot

    The Institute of Management, previously known as Nirma Institute of Management, is a constituent of the distinguished Nirma University. The Institute was established in 1996 with a view to promote excellence in management education and to prepare young men & women to meet the challenges of the developing corporate world.

    In a short span of less than a decade, the Institute has emerged as an excellent business school. The Institute was ranked among the top 15 B-Schools in the country by the survey conducted by the All India Management Association and Published in Indian Management, October 2010.

    The Institute is located on the outskirts of Ahmedabad City, about 5 Kms from the New Gujarat High Court, 25 Kms from the Railway Station/Air-port and about 20 Kms from the Income Tax Circle, Ashram Road.

    The Institute currently offers the following programmes :

    Master of Business Administration (Full-Time)
    Master of Business Administration (Part Time)
    Master of Business Administration (Family Business and Entrepreneurship)
    Doctor of Philosophy (Ph.D.)
    Executive Diploma Programmes in Management, and
    Management Development Programmes

    A constituent of Nirma University, the Institute of Management is recognized by the University Grants Commission (UGC) under Section 2 (F) of UGC Act. Hence, all the Post-graduate degree of the Institute is recognized as equivalent to the Post-graduate degree of any other Indian university. Similarly, the Institutes Ph.D. degree is also recognized as equivalent to Ph.D. of any other Indian U

  • 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

    Address: Sonipat Narela Road, Near Jagdishpur Village, Sonipat, Haryana - 131001, NCR of Delhi, India

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    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 manager’s profile. Today’s 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.

  • 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.

    More details

    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.

  • NIIT UNIVERSITY

    Location: Delhi / NCR

    Contact No.: Toll Free No: 1800-103-5050

    Email ID: mba@niituniversity.in

    Address: Neemrana, District -Alwar, NH 8, Delhi-Jaipur Highway, Rajasthan - 301 705

    More details

    School Snapshot

    The MBA program at NIIT University designed to help aspiring professionals build meaningful connections to the real world of business and become successful leaders of the future. The MBA program at NIIT University uses the University`s core principles of seamlessness and Industry - Linkage as the foundation of its program design. Though a transformational process involving courses, projects, internships, leadership interactions, finishing school and other distinctive co-curricular components .The program create exceptional leaders trained to operate in today`s complex business environment.

    Companies that visited the campus this year are ICICI Bank, HDFC Bank, Acer, Infotech enterprises & NIIT. Salary packages were in the median range of Rs. 4.5 - Rs. 8 lakhs.

    Programme Highlights

    1. Rigorous curriculum ensuring excellent industry exposure and day- 1 career readiness

    2. 100% Placement for all previous batches in companies like ICICI Bank, Max group, NIIT Ltd, Acer ,Infotech enterprises etc.

    3. Mentorship programme under the guidance of CEOs of leading organizations.

    4. Global exposure and facilitation of assimilative learning through study trips in India and abroad.

    5. Industry relevant domain specializations, structured internship and industry projects.

    6. Strong faculty pool comprising senior academicians and seasoned industry professionals.

    NU MBA SCHOLARSHIP SCHEME

    The NU Scholarship scheme is aimed at attracting bright students to the program and is given based on first cum first serve basis to students in the pool in the order of Admission Merit.

    There are limited scholarships available on university fee. Early application before January 31, 2014, increases the prospect`s chances of availing this scholarship

    Scholarship Plan

    Percent of scholarship

    Year 1 ( 2014-15)

    Year 2 ( 2015-16)

    University

    Hostel

    Total

    University

    Hostel

    Total

    A

    100

    0

    115,000

    115,000

    0

    115,000

    115,000

    B+

    75

    105,000

    115,000

    220,000

    105,000

    115,000

    220,000

    B

    50

    210,000

    115,000

    325,000

    210,000

    115,000

    325,000

    C

    25

    315,000

    115,000

    430,000

    315,000

    115,000

    430,000

    Full Fees

    0

    420,000

    115,000

    535,000

    420,000

    115,000

    535,000

  • PANDIT DEENDAYAL PETROLEUM UNIVERSITY GUJARAT

    Location: Gujarat - Other

    Contact No.: 91 79 23275020,91 79 23275030

    Email ID: Not Available

    Address: Pandit Deendayal Petroleum University, Raisan Village, District-Gandhinagar, Pincode-382 007. Gujarat, India

    More details

    School Snapshot

    Pandit Deendayal Petroleum University (PDPU) was established by GERMI as a Private University through the State Act enacted on 4th April, 2007. School of Petroleum Management under Pandit Deendayal Petroleum University on 26th October, 2007. First batch of B.Tech (Petroleum Technology) admitted at School of Petroleum Technology on 16th August, 2007. School of Petroleum Management-Offers MBA, Executive MBA, Ph.D programmes with a focus on Oil & Gas Sector.
  • SCHOOL OF BUSINESS STUDIES, SHARDA UNIVERSITY, GREATER NOIDA

    Location: Greater Noida

    Contact No.: +91-120-3121001/2, +91-120-4699000, Toll Free No. 1800 102 6999

    Email ID: admission@sharda.ac.in

    Address: Plot No. 32-34, Knowledge Park III, Greater Noida, UP 201306

    More details

    School Snapshot

    India`s first Truly Global University

    Sharda University has a vibrant, diverse and global academic community, with students coming from over 42 countries and all Indian states who are mentored by global faculty in 63+ acres lush green campus. The application-based teaching methodology, industry linked curriculum, and collaboration with elite international universities, enable students to go beyond conventional learning and become global leaders of tomorrow.

    Why Sharda?

    Sharda University is one of the leading and continuously evolving self-financed educational institution in India. Sharda University currently has 1200+ international students coming from 42 countries across the globe. We offer more than 150 courses taught by over 400 experienced and eminent academicians, researchers and corporate professionals.

    Our faculty members are recruited exclusively from top ranked Indian and global institutes such as DU, IITs, and IIMs with over 100 of them having doctorate and post doctorate education credentials. The university has a unique formal mentorship program under which our experienced faculty members interact with students to guide them about latest industry trends, career prospects, knowledge enhancement, and day-to-day problem resolution.

    Hybrid System of Learning

    The fully-flexible credit based system, practiced at Sharda University, allows students to choose courses as per their interest and career goals. An extremely versatile and globally accepted evaluation mechanism tests and promotes creativity, problem solving skills, understanding, and innovation.

    Sharda University offers regularly updated industry linked curriculum in line with the best practices of global premier universities. The learning approach, intensive industry and practical exposure, live projects, continuous assessment, convenient and flexible credit options and evaluation pattern make Sharda University a truly global university.

    Cultural Diversity at Sharda

    With over 1200 students from 42 countries, Sharda University has a very high cultural diversity quotient. We are committed to create an institutional culture in which all students and staff members share an appreciation of cultural diversity in outlook, values, and understanding.

    The cultural diversity at Sharda University aims to broaden and deepen students` understanding, experience, and critical thinking skills about cultural variations and cross cultural interactions for effective participation in a world of diverse culture and viewpoints.

    Study Abroad Program

    With a vision to develop enlightened global professionals and to enable them to compete and win over their peers as global citizens, Sharda University has developed academic collaboration with several reputed international universities such as Salford, UK; Stratford, USA; Northumbria University, UK and New York University Educational Group, Greece. Under the study abroad program, students are encouraged to choose a few modules and complete one trimester equivalent work at an international university.

    Eligibility Criteria

    Online Application

    Online Exam (SURE)

    Selection Criteria

    Graduation (MBBS/BDS/ BHMS/BAMS/BUMS/BPT/B. Sc. Bio-Tech./B. Sc.-Microbiology /Graduate in Life sciences/B. Pharma.) with 50% marks

    yes

    yes

    Selection is based on

    • Performance in Graduation
    • SURE Test Score
    • GD & Personal Interview

    Percentile in MAT>75% Percentile in CAT>65%

    yes

    Not Applicable

    Admission after GD / Personal Interview