Management education has undergone a change due to advent of technology and students’ expectations: Dr Monica Khanna, Director Incharge, KJSIMSR, Mumbai
In an interview with Careers360, Dr. Monica Khanna, Incharge Director, K J Somaiya Institute of Management Studies & Research shares the value of management in India and the reasons for its changing scenario. According to her, the meaning and context of management education have undergone a change due to an advent of technology and expectations of the students.
Dr. Khanna further mentions that management education should provide knowledge and skill sets for a specific industry, like Healthcare, Retail, Communications etc. Explaining the selection process of the institute, she says that they have reintroduced the case-based group discussion in order to be able to understand the group dynamics of the students.
Read full interview below:
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Careers360: How has the value of management education in India changed in the last 3-5 years? How do you foresee the MBA programme scenario in the coming 1-3 years?
Dr Monica Khanna: Management education must be a reflection of the growing opportunities and concerns of an emerging economy like India. The management programme must be able to train students to take up jobs in the different sector of the economy. The management sector must evolve into a hybrid model of online / offline course delivery in order to cater to students who are tech enabled and always online. Also, in the coming years, management education should provide knowledge and skill sets for a specific industry, like Healthcare, Retail, Communications etc.
Careers360: Do you think the MBA tag is losing its sheen? If so, then what according to you are the reasons?
Dr Monica Khanna: The meaning and context of management education have undergone a change due to an advent of technology and expectations of the students from these management programmes. Also, there are many more career options available today.
At K J Somaiya Institute of Management Studies and Research, the pool of applicants to our institute has grown year on year. We believe that we not only provide classroom training to our students but also give them an opportunity for experiential learning and self-learning through involvement in various clubs and committees along with student participants in the governance process. Thus even though the CAT applicants have gone down, SIMSR is not affected by the number of applicants to our institute. SIMSR still continues to attract equal and more applicants as compared to the previous year.
Careers360: What is the total intake and fee of the flagship PG programme in management in your institute?
Dr Monica Khanna: The total intake is 120+18 seats in the supernumerary quota for NRI / PIO / Foreign Nationals. The fee is Rs. 4, 30,000 per annum. There is a nominal change in the fee structure as compared to last year.
Careers360: How has been the placements at your institute for the 2015-16 batch?
Dr Monica Khanna: Batch Size: 460
Offers: 460 (All placed). The offers are for posting on Pan India Basis.
Average Annual package: Rs. 8.25 lakh
Highest Annual Compensation: Rs. 21.50 lakh
International Offers: 8
The offers from E- Commerce, IT /ITES/ BFSI sector has gone up. The diversity of roles and salary compensations has gone up.
Careers360: What is the selection criterion for MBA/PGDM programme for academic session 2016-2018? Is it any different from the last year?
Dr Monica Khanna: The selection criteria for the PGDM batch 2016-2018 will be on the basis of the entrance exam score, case-based group discussions, past academic record, co -curricular and extra-curricular activities including sports, work – experience and personal interviews. There is a change in the admission criteria as compared to last year as follows:
(i) We have reintroduced the case-based group discussion in order to be able to understand the group dynamics of the students.
(ii) The students will be made to write a “Statement of Purpose” which will be used as one of the discussion points during the personal interview.
(iii) We have reduced the weight-age given to entrance exam score and given weight-age for sports and extra-curricular activities.
We hope the above changes in the admissions criteria will lead to more non – engineers and female candidates qualifying in the MBA programme.
Careers360: What is the USP of your 2-year programme which differentiates it from the others? How do you plan to enrich your 2-year management programme in next 1-2 year?
Dr Monica Khanna: Our USP is the vast bouquet of electives that we offer the students in the 2nd year, the facility for learning foreign languages like Spanish, French, Mandarin, etc. as part of the programme and experiential learning initiatives. Our courses are continuously upgraded to include subjects like E- Business, Business Policy, and Managing Business in a Global Context etc.
âCareers360: Do you think the publications in peer-reviewed journals, as indexed in internationals databases, have a western bias?
Dr Monica Khanna: The peer-reviewed journals are high on research rigour. The parameters of research rigour are set by the universities in the developed countries. Since they have lots of skilled resource and funds available, they carry out research on a massive scale. This allows them to come up with models of behaviour. The Indian researchers generally copy the western models. The need is to understand the Indian ethos and come up with frameworks which are Indian in spirit. This will make the west look up to the east for solutions. This would be truly 'Make in India' research. To increase publication in management journals the faculty should be encouraged to carry out more research. The institute should set up research wing and Centre’s of Excellence which drives research.
Careers360: Any message to B-School aspirants
Dr Monica Khanna: Somaiya offers the best facilities for holistic learning in a traditional academic environment in a lush green 60 acres campus. The institute has state of the art infrastructure and facility for self-learning. We welcome the students to avail of these facilities and are happy to partner them in their journey towards excellence.
Stay tuned to www.bschool.careers360.com for more news and special interviews with B-school directors.
SIMSR Updates and Articles
SIMSR has released the application form for PGDM 2020. Check o...
Questions related to SIMSR
what is date of addmission Start form
K. J. Somaiya Institute of Management Studies & Research, Mumbai (SIMSR) has closed its PGDM 2020 admission process. Now the GD/PI process is continuing for final selection. The college has closed its PGDM 2020 admission on February 6, 2020. The institute has started its GD/PI process for final selection. The classes for new batch will commence in July 2020. Keep visiting the official website for more details.
Hope this helps!
SET exam is also accept for MBA admission
No, SET is not for MBA.
Symbiosis Entrance Test (SET) 2020 is a university level entrance test conducted for offering admission to candidates in undergraduate programs offered by Symbiosis University.You can get admission in Bachelor's level courses through SET and MBA is Postgraduate course.
I hope this helps
I got 74.65 percentile in XAT . I belong to OBC category. can i apply in KJ Somaiya and welingkar institute for HR specialization. is their any girls quota in these colleges ?
- XIME Bangalore (fees = 10 lakhs)
- XISS Ranchi (8 lakhs)
- Praxis Kolkata (4.4 lakhs)
- Great Lakes Gurgaon (11.76 lakhs)
- IMT Hyderabad (12 lakhs)
- NL Dalmia Mumbai (9.3 lakhs)
- SIES Mumbai (7.9 lakhs)
- NDIM New Delhi (9.3 lakhs)
All of them are decent colleges in terms of both academics and placements and you can easily get an average compensation package of around 6-7 lakhs.
And if you want to pursue Human Resource Management and build a good career in that then XISS would be a great option which will provide you great returns on investment. The average compensation package offered for HR is nearly 9-10 lakhs.
I have 82.05 percentile in XAT Class X - 92.6 Class XII - 87.4 BE - 83.1 Work Ex - 3+ Do I have chance to get a call from KJ Somaiya
- IIFM Bhopal
- XIME Bangalore
- IFMR Chennai
- IMT Nagpur and Hyderabad
- Prin LN Welingkar Institute of Management Development and Research
- Christ University Bangalore
- Great Lakes Gurgaon and others.
These colleges will also offer you good placement opportunities and good academics and you must try to attend as many interview processes as possible to get enough options to choose from.
how many score can i get in MH CET exam to get admission in your college.
The expected cutoff for K.J. somaiya college is 1124-1454,
Below this it will be difficult to get admission in this college.so study hard as the cutoff is really high.
Best of luck.