Overview
It is a two-year full-time programme spread over six trimesters leading to the degree in Master of Business Administration. It is the flagship programme of the School of Business Management, NMIMS Deemed-to-be University, Mumbai with a legacy of over 41 years. It has enjoyed a high credibility in the corporate world over the years. Many of our alumni occupy significant leadership positions in the corporate hierarchy while some have been successful entrepreneurs.
Tens of thousands of students across the world vie for a seat in the full-time MBA, a flagship program of the School of Business Management, Mumbai. Admissions are conducted through a rigorous entrance procedure (https://www.nmat.org) consisting of a written examination, group discussion and personal interview. It has an acceptance rate of less than 1% every year.
Students undergo a wide gamut of courses in the first year followed by an intensive focus on their areas of concentration in Year II.
The most notable features of the programme are its objectives and its flexibility in providing a genuinely broad-based education. Annual seminars, CEO series of guest lectures, business simulation games, personal growth lab, psychological profiling, personality development workshops (MBTI), and the like create an all-round holistic development of the student.
Final year students have a variety of specializations to choose from depending on their aptitude and preferences. They have the freedom to choose from a large number of electives every trimester. They have an option to choose from non-credit courses and free cross-disciplinary subjects of their choice that suit their individual preferences.
NMIMS currently has overseas linkages with the University of EUROMED, Marseille in France, ESC ROUEN, France and with ESSCA at both its campuses, i.e. Angers in France and Budapest in Hungary. The exchange covers faculty members as well as students from these places. Several scholarship schemes and research assistantship are also made available.
Summer Project Requirement: To build the bridge between theory and practice, students are required to spend six to eight weeks on a summer project between the first and the second year of the full-time MBA programme. All students must undergo and satisfactorily complete their summer internship.
Program Objectives
The two-year full-time MBA programme is spread over six trimesters leading to the degree in Master of Business Administration. The programme seeks to train students to become decision-makers with social sensitivity, to lead with broad strategic vision, and to be capable of assuming higher corporate responsibilities marked by the degree of flexibility in interpersonal relationships.
INDUSTRY INTERFACE
The MBA program is proud of the strong connect it enjoys with the industry at every stage of our program, right from curriculum designing, delivery, organising seminars and workshops, placement of our students and alumni relations.
Being the commercial centre and the largest financial hub for business in the country, Mumbai houses many corporate head offices. As such, we have a very large pool of industry representatives who engage with us and our students at different levels.
The courses in the curricula are finalised after undergoing multiple levels of scrutiny within each area and also at the program-level Board of Studies. The Board of Studies reviews the recent developments at the program level and at an area level to deliberate on upcoming trends to discuss the proposed academic changes.
In addition to the Dean and other senior office bearers of NMIMS, representatives of the industry occupying influential leadership positions are members of the Board of Studies. They help us to upgrade our curriculum as per the industry and offer courses that cater to future business requirements.
The program has a few electives and workshops that are either fully offered by an industry partner or are offered as a collaborative effort between our faculty and industry. These courses help our students stay abreast with the recent developments in the area and make them future-ready to meet the requirements of the industry. Some of the recent partnerships have been with Google, Lowe Lintas, Cognizant Business Consulting and Ernst and Young. In addition, we have a steady flow of eminent guest speakers participating in seminars and periodic engagements with various student cells and clubs to share valuable insights and experience with our students.
Placement is an important and an integral part of a student’s journey at NMIMS. We are able to attract many national and multinational corporates who visit our campus to pick managerial talent from the MBA batch every year.
Given the long lineage and history of our postgraduate program, we are truly blessed to have a very large alumni network occupying senior leadership positions in the corporate world. Some are also thriving entrepreneurs. Our alumni are a big source of strength as they guide and mentor our students all through the two productive years of student’s life.
Ten need cum merit-based scholarships up to Rs 30 lakhs are available from Mirae Asset Foundation for MBA Full-time program.
The eligibility criteria for this scholarship are
a) Candidates should have an Annual Family Income below INR Eight Lakhs
b) Candidates should produce an Economically Weaker Section (EWS) Certificate
c) Candidates should have taken educational loans from Nationalized/Private banks
Further details related to the scholarship are available in the Student Resource Book shared by Programme Office at the beginning of the academic year.
PEDAGOGY
The pedagogical approach used here is participant-centred, case-based learning which is supplemented with lectures, problem-solving, in-class and out-of-class group activities, discussions, and simulations.
Case studies used in the class are generated by our own faculty and from reputed national and international sources like Harvard Business School and Ivey Publications.
CURRICULUM
The MBA program kick-starts with a comprehensive two-week long foundation program where students are exposed to case-based learning approaches and other topics that create a strong footing for the MBA curriculum. Apart from basic courses in Accounting, Statistics, Business Mathematics and Spreadsheet Modelling, students are also sensitised to the power of social media and the importance of business etiquette.
The two-year MBA program is divided into six trimesters of approximately eleven weeks each.
The first year consisting of three trimesters offers compulsory courses in the areas of Marketing, Finance, Operations and Decision Sciences, Economics, Human Resources and Behavioural Sciences, Communications, and Strategy. Trimester III also offers limited choice of electives for students to explore their interests before committing to an area of specialisation.
In the second year, we offer over 140 electives from diverse domains along with a few compulsory courses. Some electives are offered in collaboration with industry partners such as Google, Cognizant Business Consulting, Ernst and Young and Lowe Lintas. Students are encouraged to make their choices based on individual interests and requirements.
In addition to the credit courses, students can sign up for a few audit courses, seminar and various need-based workshops that are offered from time to time.
Students are required to undergo a six to eight week long summer internship program between the first and the second year where each student is required to undertake a live project in any organisation from the corporate world.
Eligibity Criteria
Selection for this programme is through the process of GMAC by NMAT and CDPI.
Bachelor's degree in any discipline from a recognized University with a minimum of 50% marks in the aggregate (all the subjects for which the candidate has taken & appeared) plus two-years of industry experience is desirable. * Sub clauses 3.1 to 3.7 are also applicable
SUMMER INTERNSHIPS AND ACADEMIC PROJECTS
Summer Internship, an integral and compulsory part of the academic curricula at School of Business Management, NMIMS, is a non-credit course and is carried out before the start of the second year of the full-time MBA programme.
The summer internships are carefully monitored work experiences where students develop intentional learning goals gained through experience in a professional workplace under the general supervision of an experienced professional as well as a Faculty guide.
For the successful completion of the MBA programme, the students are required to successfully complete the Summer Internship in accordance with the guidelines of the interning organization as well as SBM. The duration of the Summer Internship is six to eight weeks. A viva is conducted at the end of the internship by the faculty mentor. It is mandatory to clear the viva for progressing to the second year.
Apart from summer internships, students have access to various corporate projects pertaining to current issues that organisations face. They also have access to various academic projects that our esteemed faculty roll out from time to time as a part of their research initiatives.
Social Connect
An initiative, We Care: Civic Internship Programme, has been designed to enable MBA students in examining the ground realities and engaging their creative energy to addressing social issues. It is a unique student-centred endeavour by SBM, NMIMS. It helps students develop entrepreneurial ideas to deal with the social issues while aspiring to activate the social sensitivity. Our students work on diverse issues like education, child rights, health, housing, women’s empowerment, legal aid, micro finance and micro entrepreneurship, media and other related areas.
We Care is a successful Initiative and a great matter of pride that provides an adequate opportunity to every student at SBM, NMIMS to engage their knowledge and skill in a meaningful direction.
Through this internship programme, the students develop an increased social awareness and are able to integrate their learning to become more socially sensitive individuals. With extra effort taken in the right direction, SBM, NMIMS has increasingly established its commitment to contribute to the community by recognising its social responsibility in an innovative manner.