| Category | Scholarship Eligibility | Nature of Scholarship |
| ST/SC/Neo-Buddhist/VJNT | · For SC/ST- No income limit, · For others income < 8.00 Lacs | Tuition Fee and Exam Fees |
| SBC | Parent’s annual income < 8.00 Lacs. | Tuition Fee and Exam Fees |
| OBC | Parent’s annual income < 8.00 Lacs. | 50 % of Tuition and Exam Fee |
| EBC | · EBC students admitted through (CAP) · Parent’s annual income < 8.00 Lacs. | 50 % of Tuition and Exam Fee |
| Dr. Panjabrao Deshmukh (Hostel Scheme) | Students whose parents are certified as a marginal farmer or whose parents are registered laborers. | · For child of Registered Labor / Alpabhudharak (Marginal Land Holder). - For institute in MMRDA - Rs.30,000/- for 10 months. · For Annual Family income up to 8 Lakhs. - For institute in MMRDA- Rs.10,000/- for 10 months. |
| Minority Communities (Muslim, Buddhist, Christian, Sikh, Parsi, Jain & Jews Community)- | Parent’s annual income < 8.00 Lacs. | Scholarship Amount Maximum Rs.25,000/- Per Annum or Actual Tuition Fees whichever is less |
| TFWS | parent’s annual income less than Rs. 8 Lakh | Waiver is limited to the tuition fee |
| Indira Scholar Scholarship | Applicable to Meritorious students of Civil and Mechanical only (For First year and DSE students) | Please Contact: Prof. Ashwin Dharme 9764408057 |
The two year full time Masters in Business Administration (MBA) is an AICTE approvedcourseandaffiliated to Savitribai Phule Pune University (SPPU). It is one of the top MBA College’sin Pune andthe one of themost top rankingMBA College’sin IndiaThe MBA coursesfrom SPPU havebeenrevised considering the Industry requirements and gives the students a head start in the chosen functional area. Special topics in the Syllabus include latest updates and developments to make the student industry ready. The specialization is taken up in the second semesterto enable the students to fullyfocus on their core subject andfunctional area.
It has always been the endeavor of the group to provide a stimulating environment and offer more thanjustclassroom lectures. The Career & Leadership Development Program(CDP)incorporates a weekly interaction with senior members of the industry and experts from various fields who share their experiences with the students. This not only exposes thestudents to the practical aspectsbut also leadsto a better understanding of the theory being taught and its applications.
The campus is Wi-Fi enabled which gives our studentsanedge overstudentsin institutes that are not WI-Fi enabled. Studentsof ICEMparticipate in various inter-collegiate fests and management games. This allows our students to gauge thestrengths and weaknesses of students fromother collegesand in turn helps them to improve and work up on theirownabilities.
The basic objectives of an M.B.A. course are:
To provide the country a steady stream of competent young men and women with necessary knowledge, skills, values and attitudetobecome prospective employees with a keen business acumentooccupy positions of management and administration in business, industry, public system and the government services.
To imparttothe students latest and relevant knowledge inthe field of management theoriesand practices.
To provide opportunities to the students for developing necessary managerial skills.
To impart anddevelop the right valuesand attitude to function effectively in Managerial andadministrative positions.
The MBA program at ICEM is developed and defined with the help of ICEM’s Governance Philosophy and with afocus oncurrentcorporate trends and requirements. Program Educational Objectives (PEO) and Program Outcomes (PO) for the course are therefore summarized as:
PEO1:An MBA Graduate will exhibit System Thinking Approach in integrating core, cross-functional and inter-disciplinary aspects of management which leadsto organizational excellence.
PE03:An MBA Graduate will be able to articulate and communicate, effectively, on complex aspects of management with the business community and society at large
PEO2:An MBA graduate will be a solution driven leader, demonstrating Creativity and Innovativeness, in theDecision Making process working effectively with multi-cultural teams, for providing solutions to complex business problems
Towards that end ICEM’s USP (unique selling point) is the in-house Talent Management Cell comprising of a team of very talented Coaches and Trainers who conduct Soft Skills, Behavioral Skills, Communication Skills, Presentation Skills, Leadership Skillsand a gamut of Life Skills every week throughout the entire course of the MBA
PEO4:An MBA Graduate will showcase“Value Centered Leadership” qualities by imbibing strong ethical and humane values, enabling him/her to assume a pivotal role in various sectors of the Indian and Global Economy.
PO1: Domain Knowledge-Ability to apply principles and framework of management theories to real world business scenario/context.
PO3: Global Perspective-Ability to appreciate and evaluate global scenarios and apply multi-dimensional approach to business environment
PO5: Creativity & Innovativeness-Ability to identify and analyze complex business and social problems by applying principles of creativity and innovativeness
PO7: Entrepreneurship-Ability to identify ideas and leverage on entrepreneurial skills in creating tangible and sustainable business solutions
PO9: Communication skills-Ability to comprehend, prepare effective reports, design documents, make presentations, receive and interpret information & disseminate clear instructions
PO11: Lifelong Learning-Ability to learn, unlearn andre-learn the requisite skills and behavior to deal with complex and dynamic societal and business environment.
PEO5:An MBA Graduate will remain competent consistently with required knowledge, skills and right attitude, necessary to becomeacatalyst for changein a volatile and technology-drivenglobal environment .
PO2: Multi-disciplinary–Ability to co-create mutually valued outcomes in multi-disciplinary structure/ ecosystem
PO4: Leadership-Ability to appreciate and evaluate global scenarios and apply multi-dimensional approach to business environment
PO6: Decision Making-Ability to arrive at optimal and sustainable solutions by prioritizing, evaluating and selecting from alternative courses of action through research based knowledge.
PO8: Team Work–Ability to contribute cohesively towards accomplishment of preset goals.
PO10: Values & Ethics–Ability to recognize, articulate and apply ethical principles in various professional, social and personal context
PO12: Technology-driven–Ability to attain, identify and apply latest technological tools to sustain inthetechnology-driven era.
Why Indira
Two and a Half Decade-Plus Legacy
The legacy of Two and a half-decade is a version of its highly qualified resource teams which structure the advanced teaching methodology to create a quality industry-ready force year and year on.
Fully Equipped World Class Campus
Our commitment to excellence extends to the facilities, infrastructure , sports, library , secure and safe hostels, classroom equipped with all modern era education machinery.
Global Learning Platform
The advance learning global exposure is offered to students via numerous international programs and tie-ups with foreign universities and industries in Singapore, Dubai, Malaysia, etc.
The following specializations shall be offered as MAJOR / MINOR:
The following specializations shall be offered ONLY as MINOR Specializations
Marketing Specialization focuses on the basics of marketing theory and its application in the current competitive environment. The need for customer relationship management and customer specific strategy are better emphasized through case studies and assignments in various industrial sectors. Sales Management Personnel Sales are explained through the current practices of evaluating the contribution to the organization and improvement of market share rather than mere volume achievement.
The Domain of Finance aims at developing students in various niche areas such as Accounting & Reporting, Corporate Finance, Exchange & Risk Management and Auditing and Control functions
Admission Process for MBA Course/ MBA Admission Registration
The MBA program of Indira College of Engineering & Management, Pune (ICEM) is affiliated to Savitribai Phule Pune University. The admissions for thesameare done as per rules & regulations framed by the Admission Regulating Authority (ARA), fromtime to time.
The detailed schedule for admission is published by them on their website http://cetcell.mahacet.org/. Interested candidates must regularly visit the website for eligibility, procedure & participation in the Common Admission Process also referred as CAP.
Candidates are advised to check the MBA admission eligibility as per DTEguidelinesbefore applying for MBA program. Candidates are advised to, do their registration for the admission online on https://www.maha2019cap.org/, submit preferences of Institutes, and get documentverificationsdone at Setu Suvidha Kendraallotted by State Common Entrance Test Cell, Maharashtra State.
After the registration and the students’ preferences the State Common Entrance Test Cell, Maharashtra State will putupthe merit list. The Candidatewill get admission to a suitable college as per his/ her merit and the preferences filled. Our Institute is a part of CAP process. However, please note that the allotments (Round Wise) are done by State Common Entrance Test Cell, Maharashtra State.After finalizing the process through CAP, candidates have tofill and submitMBA admission application formsfortheir respective allotted institutes
Our Institute code is MB6179
After allotment by State Common Entrance Test Cell, Maharashtra State the candidates must report to the allotted institute within date & time given by State Common Entrance Test Cell, Maharashtra State. The candidate must submit the duly filled requisiteapplication form of the Institute with one attested copy of academic & other supporting documents along with institute’s fees.
Candidate will have to submit ORIGINAL documentsat the time of admission before they can be confirmed through ONLINE ADMIISION REPORTINGprocess on thesame day of admission.
These documents will remain in the custody of theinstitute for verification ofthesameby Admission Regulating Authority (ARA), Directorate of Technical Education, Mumbai (DTE) & University authorities. The verification process takes a few months’ time.
Please ensurethat you take a print out oftheONLINERECEIPTfor theadmission from the website, withinthereporting hours of the particular Round. This is a proof of confirmation of admission. Failure to do so will result in seat treated as vacant by State Common Entrance Test Cell, Maharashtra State & will be passed on to candidates of next round.
The MBAcourse places great emphasis on the practical training with sessions on management games where students are given tasks to be undertaken using management techniques and leadership skills. Special industrial visits are arranged where students are given a viewof the day to day operations of a company and made to take up assignments in specific areas of operations
| SEMESTER I | ||
| Category | Course | Type |
| All | Accounting for Business Decisions | GC100 -101 |
| BehaviorDynamics and People Management | GC100 -102 | |
| Operations & Supply Chain Management | GC100 -103 | |
| Digital Business | GC100 -104 | |
| Business Research Methods | GC100 -105 | |
| Marketing Management | GC100 -106 | |
| Economic Analysis for Business Decisions | GC50TEA -101 | |
| Business Government & Society | GC50CCA -101 | |
| Business Communication | GC50CCA -102 | |
| Advanced Excel | GC50CCA -103 | |
| Foundation of Organization and Management | GC50CCA -104 | |
| Any Two | Statistics Fundamentals | GFE-101 |
| Accounting Fundamentals | GFE-102 | |
| Entrepreneurship Development | GFE –103 | |
| MS Office Fundamentals | GFE-104 | |
| SEMESTER II | ||
| Category | Course | Type |
| ALL | Financial Management | GC100-201 |
| Decision Science | GC100-202 | |
| Legal Aspects of Business | GC50TEA -201 | |
| Open Course: Qualitative Research Methods / Start up Ventures /Personal Mastery ( Any One ) | GC50CCA -201 | |
| Statistical Lab | GC50CCA -202 | |
| Geopolitics & World Economic System | GC50CCA -203 | |
| Design Thinking ForInnovation | GC50CCA -204 | |
| SEMESTER II (Marketing Management) | ||
| Category | Course | Type |
| ALL | Sales and Distribution Management | SC100-201(MK) |
| Services Marketing | SC100-202(MK) | |
| Consumer Behaviour | SC100-203(MK) | |
| Any Four | Business to Business Marketing | SEL50CCA-201 (MK) |
| Digital Marketing | SEL50CCA-202 (MK) | |
| Product Management | SEL50CCA–203 (MK) | |
| Contemporary Market Research | SEL50CCA-204 (MK) | |
| Customer Relationship Management | SEL50CCA –205 (MK) | |
| Marketing of Financial Services | SEL50CCA-206 (MK) | |
| SEMESTER II(Financial Management) | ||
| Category | Course | Type |
| ALL | Indian Financial Systems, Markets and Insitutions | SC100-201(FM) |
| Direct Taxation | SC100-202(FM) | |
| Banking: Operations, Laws and Regulations | SC100-203(FM) | |
| Any Four | Security Analysis and Portfolio Management | SEL50CCA-201 (FM) |
| Fundamentals of Mutual Funds | SEL50CCA-202 (FM) | |
| Derivatives : Futures and Options | SEL50CCA–203 (FM) | |
| Retail Credit Management-Lending and Recovery | SEL50CCA-204 (FM) | |
| Fundamentals of Life Insurance | SEL50CCA –205 (FM) | |
| Forex and Treasury Management | SEL50CCA-206 (FM) | |
| SEMESTER II(Human Resource Management) | ||
| Category | Course | Type |
| ALL | Talent Management: Planning and Acquisition | SC100-201(HR) |
| Employer Branding and Employee Value Proposition | SC100-202(HR) | |
| Social Security and Labour Welfare Legislations | SC100-203(HR) | |
| Any Four | Learning and Development | SEL50CCA-201 (HR) |
| Employee Wellness & Stress Management | SEL50CCA-202 (HR) | |
| Conflict and Negotiation Management | SEL50CCA–203 (HR) | |
| Human Resource Accounting and Audit | SEL50CCA-204 (HR) | |
| Human Resource Administration: Systems & Procedures | SEL50CCA –205 (HR) | |
| Human Resource Information Systems | SEL50CCA-206 (HR) | |
| SEMESTER II(Operations and Supply Chain Management) | ||
| Category | Course | Type |
| ALL | Inventory Management | SC100-201(OSCM) |
| Planning and Control of Operations | SC100-202(OSCM) | |
| Logistics Management | SC100-203(OSCM) | |
| Any Four | Lean Management | SEL50CCA-201 (OSCM) |
| Six Sigma | SEL50CCA-202 (OSCM) | |
| International Logistics & EXIM | SEL50CCA–203 (OSCM) | |
| Procurement Management | SEL50CCA-204 (OSCM) | |
| Industry 4.0 | SEL50CCA –205 (OSCM) | |
| Retail & Distribution Management | SEL50CCA-206 (OSCM) | |
| SEMESTER II(Business Analytics) | ||
| Category | Course | Type |
| ALL | Business Analytics using R | SC100-201(BA) |
| Data Mining | SC100-202(BA) | |
| Visual Analytics | SC100-203(BA) | |
| Any Four | Marketing Analytics | SEL50CCA-201 (BA) |
| Workforce Analytics | SEL50CCA–203 (BA) | |
| Data Warehousing Project Life cycle Management | SEL50CCA-204 (BA) | |
| Healthacre Analytics | SEL50CCA –205 (BA) | |
| Internet Of Things | SEL50CCA-206 (BA) | |
| SEMESTER III | ||
| Category | Course | Type |
| ALL | StrategicManagement | GC50TEA -301 |
| Corporate Governance,Sustainability and Business Ethics | GC50TEA -302 | |
| Enterprise Performance Management | GC50TEA -303 | |
| SIP *** | GC100-301 | |
| SEMESTER III(Marketing Management) | ||
| Category | Course | Type |
| ALL | Strategic Marketing | SC100-301(MK) |
| Strategic Brand Management | SC100-302(MK) | |
| Integrated Marketing Communications | SC100-303(MK) | |
| Retail Marketing | SC100-304 (MK) | |
| Any Four | Marketing to Emerging Markets & Bottom of the Pyramid | SEL50CCA –301 (MK) |
| Marketing Across Cultures | SEL50CCA –302 (MK) | |
| Direct Marketing and Event Managemen | SEL50CCA –303 (MK) | |
| Tourism and Hospitality Management | SEL50CCA –304 (MK) | |
| Marketing of IT & ITES | SEL50CCA –305 (MK) | |
| Analytics for Marketing | SEL50CCA –306 (MK) | |
| SEMESTER III(Financial Management) | ||
| Category | Course | Type |
| ALL | Corporate Financial Management | SC100-301(FM) |
| International Financial Management | SC100-302(FM) | |
| Financial Risk Management | SC100-303(FM) | |
| Personal Financial Planning and Wealth Management | SC100-304 (FM) | |
| Any Four | Indirect Taxation | SEL50CCA –301 (FM) |
| Fixed Income Securities and Debt Market | SEL50CCA –302 (FM) | |
| Equity Research | SEL50CCA –303 (FM) | |
| Valuation Management | SEL50CCA –304 (FM) | |
| General Insurance and Reinsurnace | SEL50CCA –305 (FM) | |
| Financial Technology | SEL50CCA –306 (FM) | |
| SEMESTER III(Human Resource Management) | ||
| Category | Course | Type |
| ALL | Performance and Competency Management | SC100-301(HR) |
| StrategicHuman Resource Management | SC100-302(HR) | |
| Compensation and Total Rewards Management | SC100-303(HR) | |
| Employee Relation Legislations | SC100-304 (HR) | |
| Any Four | Talent Retention | SEL50CCA –301 (HR) |
| Labour Costing | SEL50CCA –302 (HR) | |
| AnalyticsFor Human Resource | SEL50CCA –303 (HR) | |
| Role of Human Resource in Mergers and Acquisitions | SEL50CCA –304 (HR) | |
| Global Trends in Human Capital | SEL50CCA –305 (HR) | |
| Human Resource & Quality Management Systems | SEL50CCA –306 (HR) | |
| SEMESTER III(Operations and Supply Chain Management) | ||
| Category | Course | Type |
| ALL | Operations and Supply Chain Management | SC100-301(OSCM) |
| Health, Safety, Environment & Ergonomics | SC100-302(OSCM) | |
| Operations & Supply Chain Strategy | SC100-303 (OSCM) | |
| ERP: Production Planning and Materials Management Module | SC100-304 (OSCM) | |
| Any Four | Stores & Warehouse Management | SEL50CCA – 301 (OSCM) |
| Digital Technologies in OSCM | SEL50CCA –302 (OSCM) | |
| Suppliers Relationship Management | SEL50CCA –303 (OSCM) | |
| Fundamentals Machine Learning | SEL50CCA –304 (OSCM) | |
| Quality Management Standards | SEL50CCA –305 (OSCM) | |
| Taxation in Operations and Supply Chain | SEL50CCA –306 (OSCM) | |
| Business Process Re – Engineering | SEL50CCA – 306 (OSCM) | |
| SEMESTER III(Business Analytics) | ||
| Category | Course | Type |
| ALL | Advanced Statistical Methods | SC100-301(BA) |
| Social Media, Web and Text Analytics | SC100-302(BA) | |
| Artificial Intelligence in Business Applications | SC100-303(BA) | |
| Big Data Project Management | SC100-304 (BA) | |
| Any Four | Fundamentals Machine Learning | SEL50CCA – 301 (BA) |
| Operations Analytics | SEL50CCA – 302 (BA) | |
| Supply Chain Analytics | SEL50CCA – 303 (BA) | |
| Financial Analytics | SEL50CCA – 304 (BA) | |
| Foundations in Spark and Scala | SEL50CCA – 305 (BA) | |
| Predictive Modelling | SEL50CCA – 306 (BA) | |
| SEMESTER IV | ||
| Category | Course | Type |
| ALL | International Business Management | GC100TEA -401 |
| Entrepreneurship, New Venture Creation and Family Business | GC100TEA -402 | |
| SEMESTER IV (Marketing Management) | ||
| Category | Course | Type |
| All | Rural and Agricultural Markeitng | SC50TEA-401 (MK) |
| Marketing 4.0 | SC50TEA-402 (MK) | |
| Marketing Specialisation – MOOCs | SC50TEA-403 (MK) | |
| Any Two | Services Operation Management | SEL50TEA -401(MK) |
| Corporate Communication and Reputation Management | SEL50TEA -402 (MK) | |
| Marketing for Non profit Organization | SEL50TEA -403 (MK) | |
| Luxury Marketing | SEL50TEA -404 (MK) | |
| SEMESTER IV (Financial Management ) | ||
| Category | Course | Type |
| All | Financial Regulatory Framework | SC50TEA-401 (FM) |
| Rural and Micro Finance | SC50TEA-402 (FM) | |
| Finance Specialisation – MOOCs | SC50TEA-403 (FM) | |
| Any Two | Strategic Cost Management | SEL50TEA -401 (FM) |
| Corporate Financial Restructuring | SEL50TEA -402 (FM) | |
| Project Finance | SEL50TEA -403 (FM) | |
| Behavioural Finance | SEL50TEA -404 (FM) | |
| SEMESTER IV (Human Resource Management ) | ||
| Category | Course | Type |
| All | Organizational Development and Change Management | SC50TEA-401 (HR |
| Diversity and Inclusion | SC50TEA-402 (HR) | |
| Human Resource Specialisation -MOOCs | SC50TEA-403 (HR | |
| Any Two | International Human Resource Management | SEL50TEA -401 (HR) |
| Role of Human Resource in Knowledge Management | SEL50TEA -402 (HR) | |
| Public Relation and Corporate Communication | SEL50TEA -403 (HR | |
| Best Practices in Human Resource Management | SEL50TEA -404 (HR) | |
| SEMESTER IV (Operations and Supply Chain Management ) | ||
| Category | Course | Type |
| All | Project Management | SC50TEA-401 (OSCM) |
| Sustainable practices in OSCM | SC50TEA-402 (OSCM) | |
| OSCM Specialisation – MOOCs | SC50TEA-403 (OSCM) | |
| Any two | Advanced Decision Models | SEL50TEA -401 (OSCM) |
| Theory of Constraints | SEL50TEA -402 (OSCM | |
| World Class Manufacturing | SEL50TEA -403 (OSCM) | |
| Export and Import Documentations | SEL50TEA -404 (OSCM) | |
| SEMESTER IV (Business Analytics) | ||
| Category | Course | Type |
| All | Unstructured Data Analytics | SC50TEA-401 (BA) |
| ETL, Data Profiling and Data Modelling | SC50TEA-402 (BA) | |
| Business Analytics Specialisation – MOOCs | SC50TEA-403 (BA) | |
| Any two | Data Science using Spark and Scala | SEL50TEA -401 (BA) |
| Insurance Analytics | SEL50TEA -402 (BA) | |
| Cognitive Analytics | SEL50TEA -403 (BA) | |
| Banking Analytics | SEL50TEA -404 (BA) | |
Fees for Academic Year 2023-2024 Will be declared by government soon :
The Final fees as per Fees Regulating Authority, Mumbai for Academic Year 2022-23 is as follows:
| Course | Particulars | Open | 50 % OBC,EBC, EWS | 100% SC,ST | 100 % ST NT/VJ, SBC | J & K | OMS | TFWS |
| MBA-I | Tuition Fee | 168859 | 84430 | 0 | 0 | 168859 | 168859 | 0 |
| Development Fee | 23641 | 23641 | 0 | 23641 | 23641 | 23641 | 23641 | |
| Student Activity Fees | 1000 | 1000 | 1000 | 1000 | 1000 | 1000 | 1000 | |
| SPPU Prorata & Eligibility fee | 1493 | 1493 | 1493 | 1493 | 1993 | 1993 | 1493 | |
| Total | 194993 | 110564 | 2493 | 26134 | 195493 | 195493 | 26134 |
Q.1 Why MBA?
Ans: An MBA will offer you a wealth of advantages, especially when it's from a well-regarded business school. Getting a high MBA salary after graduation, landing a management position, developing a strong professional network, or even becoming your own boss are just a few of the advantages of pursuing an MBA degree.
Q.2 Which MBA course is best?
Ans: A wide choice of MBA specializations are available for you to choose from as per your keen interest and passion
Q.3 What is MBA all about?
Ans: An MBA is an internationally accepted masters (post-graduate) level degree that
Q.4 MBA vs CFA?
Ans: While the CFA Program is intensely focused, an MBA on the other hand has a broader approach. MBA programs are better defined as a mile wide and a foot deep. The skills you attain in a business school are not focused on a single industry. Instead of intense focus on a particular skill set, you get some exposure to all facets of business operation. If you are still a little undecided about what industry you want to work in, and feel like you need more practical exposure to a variety of business practices, the MBA path is probably a better option for you.
Q.4 Why MBA in finance?
Ans: An MBA degree holds prominence not only in private business sector but also in the government sector. People who specialize in Finance get to know about stock market analysis, global economy, futures and options, financial instruments, financial foundation, market trading, market volatility, bankruptcy, risk management and corporate finance.
Q.5 Why MBA after engineering? Why do MBA after B.tech?
Ans: It is significant that engineers widen their knowledge and skills in the management area if they wish to become senior managers in an organization. Having already obtained a technical degree, an MBA expands the horizon of their education in the wider areas of management. The role of the engineer is changing rapidly within an industrial organization. The engineer is likely to be the manager that has to implement new practices and new technology
Q.6 Why MBA in HR after Engineering?
Ans: An MBA in Human Resource Management is one of the most opted MBA specializations by graduates nowadays. Many engineers take up this specialization as it has a huge scope in the industry. It is a challenging field of management. The first HRM course was started in 1913 in England. HRM is the backbone of any industry and essential to it. Over the years there has been a spike in industries hence HRM has immense scope and employment.
Q.7 Why MBA in Finance after Engineering? Why do MBA in Finance?
Ans: An MBA in finance is a specialized field of interest. It gives the student knowledge in financial management and accountancy. Specialization in any field provides better job opportunities to the students. Engineers know how to tackle complex problems and MBA in finance covers all elements of financial issues, this is a perfect culmination of skills for the recruiters. With the rise of e-commerce websites in the past decade, MBA in finance has proven to be beneficial and creates many job opportunities for graduates. An MBA in finance is advantageous for those who are seeking a career in entrepreneurship and business management. Engineering courses are designed for students to work under constant pressure and rigorous routine, this lifestyle helps them for MBA as well. There are many other skills the engineering graduates can apply in their pursuit of an MBA in finance and have an edge over students from non-engineering backgrounds.
Q.8 Which MBA is best for banking?
Ans: MBA in finance is most suitable for banking career aspirants. You will have a wide range of subjects as part of the syllabus to deepen core finance knowledge along with the Banking domain knowledge.
Q. 9 When does MBA admissions start in India? When do MBA admission open?
Ans: The MBA CET exam forms will be available from the second week of January 2020. The Exam will be conducted in the second week of March 2020. And the results will be declared in the last week of March 2020.
Q. 10 Why is MBA so popular?
Ans: There are various advantages of doing an MBA degree and below are the reasons:
1. Better career opportunities and salary potential –It is quite obvious that having an MBA degree will help you get a better salary as compared to a person who has just done his/her graduation. But an added benefit is that you also get a better job profile or post in a company (it may vary according to the college you have done your MBA degree from).Normal graduates (of any line or field) who make the transition to working for a company after completing their studies normally find it difficult to go above a certain level and start to stagnate after a certain point of time. Now in such a situation, with the most common case being of the engineers in India, most people go for an MBA degree as it allows them to climb up the corporate ladder and get a job in senior management roles as it is perceived that people with better qualifications will have better knowledge.
Thus having an extra degree like an MBA gives you an advantage as it leads to better job profiles, more chances to display your abilities and in front of a more refined audience and a bigger pay packet.
2. Enhances overall personality –With so many things to do in an MBA college such as case studies, presentations, live projects and cultural festivals, one automatically becomes more outgoing and confident as you interact with more people on a regular basis. Your thought process and verbal skills also become more refined with almost all of your conversations happening in English and this prepares you for your life post-college in the corporate world.
3. Preferred specialization –There are many specializations in which you can do your MBA such as finance, marketing, HR, operations, advertising and media, e-commerce, agro-business and so on. Now this part comes in handy when one wants to change their line of work and doing an MBA in their preferred specialization can help you achieve that.
4. Start your own venture – If you have done your MBA degree from one of the top colleges, it will be easier for you to secure funding for your startup in case you ever need it. Again here the perception part plays a big role as it is assumed that people with better qualifications will have better knowledge and people automatically trust you more. Most of the times, it will be one of the students who have passed out from your college a few years ago who will help you out in your startup as they will definitely have a soft corner for you given that you belong to the same college.
5. Worldwide recognition -An MBA degree from a college in India is recognized worldwide. The styles of teaching and syllabus might differ but the value of the degree remains the same.
Passed minimum Three-year Duration Bachelor’s Degree awarded by any of the Universities recognised by University Grants Commission or Association of Indian Universities in any discipline with at least 50% marks in aggregate or equivalent (at least 45% in case of candidates of backward class categories, Economically Weaker Section and Persons with Disability belonging to MaharashtraState only) or its equivalent; OR Appeared for the final year examination of any Bachelor’s degree to be awarded by any of the Universities recognised by University Grants Commission or Association of Indian Universities in any discipline.
Address
S.No. 64,65, Gat No. 276 At Post : Parandwadi, Near Somatne phata, Tal. : Maval, Dist. Pune – 410 506
© 2020. Indira College of Engineering and Management.
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