MBA Admission & COVID-19: TAPMI Reduces PGDM Fee to fully comply with AICTE guidelines; Check complete details

MBAUniverse.com News Desk |
May 11, 2020
MBAUniverse.com interviewed Prof. Kedar Joshi, Chairperson – Admissions, TAPMI, Manipal to check detail of its latest Admission Status, Fees, academic session commencement and more in view of the disruption caused by the COVID-19 and the AICTE notification with revised Academic Calendar 2020-21. TAPMI has decided to reduce PGDM fee to comply fully with AICTE guidelines. It has also relaxed fee payment deadlines
TAPMI Manipal Admission 2020

Due to disruption caused by the COVID-19, MBA & PGDM Admission 2020 process has been delayed. To streamline, on May 1, regulatory body AICTE issued a notification with revised Academic Calendar 2020, Online Classes and Fee guidelines for B-schools. Read more. So, how are leading B-schools planning to complete their Admissions, and when are they planning to start new batch? To answer these queries with authentic information, MBAUniverse.com is interviewing Official Spokespersons from leading B-schools.

For this article, published on May 6, 2020, we interviewed Prof. Kedar Joshi, Chairperson – Admissions, TAPMI, Manipal to check detail of its latest Admission Status, Fees and more. Prof Joshi has shared with MBAUniverse.com that TAPMI has decided to reduce PGDM fee to comply fully with AICTE guidelines. It has also relaxed fee payment deadlines. This gesture will be certainly appreciated by aspirant community. Check complete details below. 

Q: Please tell us the current status of Admission 2020 process at TAPMI?
A:
We have completed our Admissions process in March 2020, and released the Merit Lists for all programmes subsequently.

Q: Have you declared final Admission List?
A:
We have released partial results so far and could not release Waitlist due to lockdown in our region.

Q: So, what steps should your selected students take like fee submission?
A:
A candidate pay INR 70,000 (Part A) within the stipulated Deadline 1 and subsequently INR 6,70,000 (Part B) within the stipulated Deadline 2. Based on current guidelines in the context of lockdown deadlines for INR 70,000 is May 19, 2020 and for INR 6,70,000 is May 30, 2020.

Usually candidates opt for the educational loan process for the payment of INR 6,70,000 to minimize financial burden. We are assisting candidates in bank loan process.

Q: Please share your Fee details, last date to submit, and refund process?
A: The total tuition fee payable for the two-year PGDM Programme is INR 14,30,000. This is lower than the fee of Rs 14,60,000 that we had announced last year as part of Admission 2020 brochure. This downward revision in the first year Tuition fee is being done in accordance with the AICTE circular dated May 1, 2020 where AICTE has advised B-schools not to increase fee this year.

This fee is to be paid in two instalments:

Installment No.
Fee
Amount (INR)
To be paid on or before
1
Tuition Fee
7,00,000/-
As given in the LPA
2
Tuition Fee
7,30,000/-
June 2021

Based on current guidelines in the context of lockdown deadlines for INR 70,000 is May 19, 2020 and for INR 6,70,000 is May 30, 2020.

A candidate can withdraw at any point before July 25, 2020. Typical refund process takes 45 days from the date a candidate submits a specific proforma provided by TAPMI for refund process. TAPMI retains only INR 1,000 and refunds remaining amount as per standard AICTE guidelines.

Q: So, when are you planning to start the new batch?
A:
We are planning to start on August 1, 2020.

Q: Will you start with Online classes?
A:
According to MHRD guidelines, TAPMI will start new batch with Online classes. We intend to use WebEx platform for the same.

Q: To close, will you like to share any other details with MBA Aspirants?
A:
Given the current context, our advice to students is to stay safe and stay home. Follow proper social distancing. And be resilient.

So, this was Prof. Kedar Joshi, Chairperson – Admissions, TAPMI, Manipal sharing the latest Admission Status, New Batch start date and more. We hope you found this article useful. If you have further queries or feedback, email us at [email protected].

For the benefit of MBA aspirants, a detailed review of TAPMI Manipal and its Admission process follows.

TAPMI Manipal: USPs, Placements and Admission 2020 Review

The T. A. Pai Management Institute (TAPMI) Manipal has a legacy of 35 years rooted in value system imbibing ethical behaviour, respect for diversity and zeal to excel in every aspect of life. The B-School has unbroken 33 years of placement record. Out of its 5000+ alumni, one-fifth are currently leading at CXO levels. TAPMI has earned the International Accreditation from AACSB (Association to Advance Collegiate Schools of Business) and is consistently ranked among the top 1% of B-Schools in India.

TAPMI Manipal closed the application process on February 2 for PGDM admission 2020. Giving two days relaxation in its last date, TAPMI Manipal had offered the last opportunity to the applicant to apply for PGDM 2020-22 admission. TAPMI Manipal accepted scores of CAT 2019, XAT 2020 and GMAT exams for PGDM admission 2020.

TAPMI offers a high RoI PGDM program with moderate fee and high placements. While the academic fee for 2 years PGDM program is Rs.14.60 lakhs, the average placements are above Rs.11 lakhs per annum. TAPMI Manipal offers 50 scholarships to the tune of Rs.2.5 crores to the meritorious students who are offered admission to PGDM program at TAPMI.

TAPMI Placements
The institute has a legacy of unbroken 100% Placement record for the last 30 years. TAPMI Manipal Placement 2020 has recorded higher average salary for PGDM BKFS than its PGDM General. While flagship PGDM average salary has gone up at Rs.11.4 LPA, the PGDM BKFS average salary has shot upto Rs.12.7 LPA Highest salary recorded at TAPMI is Rs.25 LPA. Keeping the legacy of excellent placements, TAPMI students have achieved almost 3 times increase in their post-program salary in comparison to the pre-program salary

Top companies such as Alien Technology, Arcesium, Bajaj Finserv, Deloitte, Exide Life Insurance, Capgemini, EY, Future Generali, ITC, L&T, J P Morgan Chase, Tata Capital, Titan, Wipro among others participated in Placement 2020 at TAPMI making offers.

50 Scholarships Worth Rs.2.5 Crores
50 scholarships to the tune of Rs.2.5 crores are offered to the different categories of the students including the candidates who have scored 90+ percentile in CAT/XAT; who have low family income and to the top ten performers in the batch.

TAPMI offers Dr Ramdas Pai Merit Scholarships to 50 students. 40 Scholarships are offered to the students who have scored high percentile in CAT and XAT exams and 10 scholarships are offered to the students with low family income. This reduces the tuition fee burden by 30  percent.

Scholarship
Current Structure
Nos.
Eligibility
Fee Waiver
Dr. Ramdas Pai Merit Scholarship – Category I
20
95 percentile and above in CAT / XAT; 730 and above in GMAT
30% of total tuition fee
Dr. Ramdas Pai Merit Scholarship – Category II
10
90 percentile and above in CAT / XAT &; family gross income (before tax) below rupees ten lakh.
30% of total tuition fee
Dr. Ramdas Pai Merit Scholarship – Category III
10
88 percentile and above in CAT / XAT &; family gross income (before tax) below rupees eight lakh.
30% of total tuition fee
Dr. Ramdas Pai Merit Scholarship – Category IV
10
Family Gross Income (before tax) below rupees seven lakh; No CAT / XAT score criteria
30% of total tuition fee
Total Scholarships 50    

Academic Award
The Dean’s Roll of Honour, is offered to 10 toppers in the batch. Details of award and amount offered, are shared below:

Dean's Roll of Honour 10 Top 10 performers of the batch INR. 2 lakh each

ollowing Students at TAPMI from the PGDM Batch 2019-21 were awarded Dr Ramdas Pai Merit Scholarships 

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TAPMI Offers 4 Full Time PGDM Programmes
TAPMI offers four full time PGDM programmes namely Post Graduate Diploma in Management; Post Graduate Diploma in Management – Banking and Financial Services; Post Graduate Diploma in Management – Human Resources Management and Post Graduate Diploma in Management – Marketing and Sales Management.

All the four PGDM programmes at TAPMI are approved by AICTE including the recently launched PGDM in Maketing and Sales Management.

TAPMI PGDM Programs & Intake
TAPMI Manipal has following programme wise intake:

Program
Intake
PGDM
360
PGDM – BKFS
 60
PGDM – HR
 40
PGDM – MSM
 40
TAPMI PGDM 2020-22 Fee
The programme fees payable for different PGDM programmes by the students at TAPMI Manipal is as under:
Programme
Programme Fee (Rs. in Lakhs) for 2 years
PGDM
14.30
PGDM (BKFS)
14.30
PGDM (HRM)
14.30
PGDM (MSM)
14.30
Fee for NRI
USD 40,000
Fee for PIO/Foreign National
USD 40,000

TAPMI Program fee 2020-22 does not include the hostel fee which is Rs.1.45 lakh per annum 

TAPMI PGDM: Leadership through Value Creation
TAPMI’s Post Graduate Diploma in Management (PGDM) program focuses on “Leadership through Value-Creation”. The program aims to create “Value Leaders” via in-depth 360° understanding of business through cross-functional integrated learning. PGDM at TAPMI is designed to push students to go beyond their constraints and redraw their boundaries to achieve excellence in business.

PGDM Marketing and Sales Management: A Unique Programme
PGDM Marketing & Sales Management at TAPMI is a unique 2 years full time management programme with enhanced focus on selling & sales management. It aims to produce quality graduates to take up leadership roles in sales. The programme is designed keeping in mind the requirements of the industry and the current trends.

The extended internship provides hands on industry experience. The students get mentoring by alumni holding senior sales positions. Students get the opportunity to learn through simulations and live projects. The advisory board consists of industry professionals and offers relevant career advisory support. Industries are showing interest in the placement of students from this programme. TAPMI prefers a candidate with two years of work experience for admission to this programme.

TAPMI Alumni, Young Leader Programme, Global Exposure
TAPMI has 5000 successful alumni across the world with more than 1/5th currently leading at CXO levels. The PGDM offers Young Leader Program focused on developing leadership abilities through Paid Executive Internship with CXOs in term VI. With a global exposure at top universities and institutes abroad, TAPMI offers personalized attention for capability assessment and development through FAS, CAS and LADC.

TAPMI PGDM Program is accredited by Association to Advance Collegiate Schools of Business (AACSB), Association of MBAs (AMBA) and National Board of Accreditation (NBA).

TAPMI Application Fee
The application fee at TAPMI was as below:

No. of Programmes Applied for
Application Fee
GST Charges 18%  
One PGDM Programme
Rs.2200/-
GST Extra
Two PGDM Programmes
Rs.2800/-
GST Extra
Three PGDM Programmes
Rs.4000/-
GST Extra
Four PGDM Programmes
Rs.6000/-
GST Extra

TAPMI Admission Eligibility

  1. TAPMI eligibility criteria require that the candidate must hold a bachelor's degree of minimum 3 years duration, with at least 50% marks or equivalent CGPA
  2. TAPMI uses CAT/XAT/GMAT scores for shortlisting the candidates for Post-graduate Programmes in Management.
  3. A candidate appearing for the final year bachelor's degree/equivalent qualification examination and those who have completed the degree requirements and are awaiting results are also eligible to apply for TAPMI Admission

TAPMI Profile Based Shortlisting: For Candidates with 2 Years+ Work Ex
For candidates with work experience of two years or more TAPMI follows profile-based shortlisting. Following parameters are used for Profile Based shortlisting:

  • Valid CAT/ XAT/ GMAT scores (whichever is higher)
  • Academic profile (10th, 12th, Graduation, backlogs during graduation etc.)
  • Quality and Duration of work experience (type of company, total experience, etc.)
  • Extra-curricular achievements if any.

Students are informed on the shortlist decision through email/sms to their registered email id and phone number.

TAPMI Shortlisting Criteria
TAPMI shortlisting criteria before final selection round is based on following parameters:

  • For candidates with work experience of two years or more TAPMI follows profile-based shortlisting.
  • Profile considered for shortlisting consists of valid CAT/ XAT/ GMAT scores (whichever is higher), academic profile (10th, 12th, Graduation, backlogs during graduation etc.), work experience (type of company, total experience, etc.), extra-curricular achievements if any.
  • The Statement of Purpose plays an important role in shortlisting.
  • Shortlist for each program is separate and independent of each other.
  • Shortlist in one program does not guarantee shortlist for the other program.
  • Students are informed on the shortlist decision through email/sms to their registered email id and phone number.
  • TAPMI considers aggregate scores and not sectional scores of the applicants in the acceptable entrance exams for shortlisting.
  • Applicants may submit more than one entrance test score. TAPMI considers the best test score for shortlisting.

Final Admission Selection Round

  • Post short-listing, applicants are called for the final selection round (PI Round)
  • All the shortlisted candidates are eligible to go through the final selection round by TAPMI
  • Final selection is based on CAT/XAT percentile/ GMAT Score, Academic Performance, Work Experience, Statement of Purpose, Written Ability Test, GD and performance in Personal Interview (PI)
  • The GD-PI-WAT is held at Mumbai, New Delhi, Kolkata, Hyderabad, Bengaluru, Chennai and Manipal.
  • Final selection of the candidate is based CAT/XAT/GMAT (Overall Percentile); Verbal Ability Percentile; academic profile; work experience; WAT Score; GD Score and PI Score.  

WAT Process at TAPMI (WAT)
TAPMI conducts Written Ability Test (WAT) to evaluate written capabilities of prospective students. WAT aims to evaluate Articulation and Technical (Grammar and Spellings) of the applicant.

GD Round at TAPMI
Group Discussions (GD) at TAPMI aims to evaluate ability of the applicant to interact within a group. GD aims at evaluating applicant’s skills in the area of Leadership, Problem Solving, Solution Orientation, Persuasion and Communication. Topics for GD will be based on current affairs/ issues debated in last five years.

PI Round at TAPMI
TAPMI conducts Behavioural Personal Interview to understand the applicant’s attitude towards management education. TAPMI will evaluate applicant’s ability in terms of Self-Awareness, Self-Management, Social Awareness, Leadership and Communication.

TAPMI Admission Cut Offs: For Candidates with Less Than 24 Months of Work Ex
Following overall minimum percentile in the CAT/XAT/GMAT entrance exam should be scored by the applicants to get shortlisted for final admission process by TAPMI Manipal. The exam wise admission 2020 score cut offs are based on aggregate percentile score although candidates should also score well across the sections of the entrance exam.These cut offs are applicable for the applicants with less than 24 months of Work experience.

Components Cut off Percentile/score
CAT 2019  85 percentile
XAT 2020 85 Percentile
GMAT 630 Score

TAPMI Admission Academic cut offs
You should have scored following minimum percentage of marks from class 10 onwards to get admission in TAPMI Manipal

Graduation 60% Marks
Class XII 60% Marks
Class X 60% Marks

How to Apply for Admission?

Application for PGDM Admission at TAPMI could be submitted online. For all the 4 PGDM programmes, there is one common application form.

Key Points to Note in Application Process

  • The application fee should be paid online and is non-refundable
  • To apply for admission in TAPMI you should click on Admissions and enter your details in the window that opens with the click. It will lead you to application form.
  • TAPMI does not accept application in hardcopy mode. All applications must be submitted online.
  • Candidates have an option of making payment for application through online/credit card/debit card or using online banking payment facility.

TAPMI Admission process 2020: Important Dates

Activity
Date
TAPMI Admission Application Closed
February 2, 2020
TAPMI Session 2020-21 Commencement
August 1, 2020

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