In an interview with Careers360, Dr. R C Natarajan, Director, TAPMI Manipal shares his thoughts on changing value of management education in India. According to Dr. Natarajan, making academics and resources industry ready to let students cope with the changing business landscape is a challenge, for which TAPMI upgrades its curriculum every year.
He further advises aspirants to not to get nervous at Personal Interview stage, and be confident, natural and honest.Read below full interview of Dr. R C Natarajan, Director, TAPMI Manipal.
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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. R C Natarajan: The aspirations and the profile of the students have changed during these years of management education. Earlier, students would join PG after completing their undergraduate students. The current trend is that, after working for a couple of years, students do an MBA. The cost of higher education has gone up drastically and since MBA is a terminal course, students have started to calculate the ROIs. There is a huge discrimination between government and private B-schools. Private B-schools do not get the kind of considerations that IIMs get.
We are constantly upgrading ourselves in terms of infrastructure, syllabus, research, industry interface, and curriculum to cope with the changing business landscape and making it relevant is a challenge.
Careers360: The number of MBA applicants has remained stagnant and it has fluctuated around 2 lakh for last 4-5 years now (reflected in CAT application number). What could be the key reasons for this?
Dr. R C Natarajan: CAT 2015 registrations have increased by about 11 % over the last year. I see that the positive sentiments of the markets and economy are the key factors for the revival. Students are more optimistic and the job market scenario has also improved and this is reflecting in better placements of our students as well as B-Schools.
Careers360: What is the total intake in the flagship PG programme in Management in your institute? Please also mention annual fee (excluding hostel charges) for the same? Is there a change in the fee structure as compared to the last session?
Dr. R C Natarajan: Our approved intake is 420 seats for PGDM program. No, there is no change in the fee structure. The fee remains’ the same as last year, Rs. 13.50 lakhs inclusive of hostel charges.
Careers360: How have been the placements at your institute for 2015 batch (Batch size, no of offers, average annual package, number of international MNCs as recruiters, International offers, cross country roles etc)? Any sector/function specific trend that you noticed during the placement season this year?
Dr. R C Natarajan: TAPMI has placed all the 391students (batch of 2013-15) this year achieving the much coveted 100% target. The placement process saw open doors from 103 companies across the country, out of which 37 companies participated for the first time. A rigorous selection process that included elementary screening, group discussions, and personal interviews was demanding of the students, as they worked relentlessly to prove their mettle. The average take home for the batch went up to Rs. 8.83 lakhs from the last year’s amount of Rs.8.41 lakhs. The highest package offered was Rs.16.50 lakhs. The number of pre-placement offers received this year by the students is 18. The placement also included one international company that hired 2 students with an annual package of Rs.15.00 lakhs.
TAPMI has been able to place the students across all sectors. Our recruiters were from Shipping & Logistics, Education/Teaching& Training, Analytics, FMCG/Consumer Durables/Retail, Pharma/ Biotech/ Healthcare/Hospital, E-Commerce & M-Commerce, Banks, IT/ITES/BPO/KPO, Electronics/Manufacturing/Telecom, Banks/Financial Institutions and Insurance.
Careers360: What will be your selection criteria for MBA/PGDM programme for academic session 2016? Is it any different from the last year? Is there any institutional emphasis on gender and academic diversity to accommodate more female and non-engineer students?
Dr. R C Natarajan: TAPMI uses CAT, XAT & GMAT. We dropped GD last year. WAT followed by a Personal Interview. Good academics, extracurricular activities, work experience are provided due weight-ages.
Careers360: What is the USP of your flagship management programme which differentiates it from the others? How do you plan to enrich your flagship management programme in next 1-2 year?
Dr. R C Natarajan: At TAPMI, the curriculum is upgraded yearly. New courses are also introduced as per Industry requirements and inputs from Board of Management Studies of the Institute.
We are focusing on making the program more professional through experiential learning. We have introduced a lot of simulations in the last three years and this year, we have introduced a simulation titled ‘Brand Pro’ of the well-known enterprise - Markstrat, in the marketing course for the first year students.
We have the largest Bloomberg terminal in the country and for the second year students, we started an exciting course titled “Student Managed Investment Course” (SMIC) wherein the Institute has given a corpus of 10 Lakhs to a team of 35 handpicked students. The entire course is evaluated over the period of three terms by a team of faculty and a panel comprising of managers from mutual funds, hedge funds, and PE firms.
The program at TAPMI is likely to become more and more experiential and less and less classroom oriented. Also, we are reducing the load on teaching time and increasing the self-learning practices considerably.
TAPMI earned highest global accreditation by AACSB International. TAPMI is the first AICTE approved private B-School in India to achieve this distinguished hallmark of excellence. Only about 5% of B-schools worldwide have earned this distinction.
TAPMI has adopted “Outcome-based learning” in which each course has objectives and learning outcomes. We have also introduced a lot of simulation games along with Case method of teaching.
CRISIL has graded TAPMI with the highest A*** at National and State level for three consecutive years since 2012.
TAPMI has been consistently ranked among the top 1% of over 3500 B-schools in India and has an impeccable placement record in all the 25 years.
TAPMI now also offers PGDM-Healthcare and Banking & Financial Services along with its flagship PGDM program.
A world-class Finance Lab, in association with Bloomberg India, was launched at TAPMI. The trading lab is equipped with 16 Bloomberg terminals and supported by the data feed from BSE and NSE. It gives students a hands-on experience. This is largest for an Indian educational institution.
Careers360: Do you think the publications in peer-reviewed journals, as indexed in international databases, have a western bias (USA, UK)? What should be done to increase the no. of publications in the management domain?
Dr. R C Natarajan: Well, first of all, we are an AACSB accredited school and therefore we have to set our own standards of research that of course is acceptable to AACSB. Evidently, it implies global standards. So, to that the extent, our researchers are of high order. We only accept such works that are published in peer-reviewed journals that are listed either by the major publishers in their database or ABDC classification list. We don’t accept publications in any other journals. So, any unknown, non-descriptive journals are generally discouraged. Similarly, we accept proposals from faculty members to be a part of a conference or paper presentation, only if the conference is a peer-reviewed conference and the paper that is accepted is not on the basis of an abstract but on the basis of the peer-reviewed process of an entire paper.
We encourage them to go abroad and make presentations, attend conferences and so forth. Even in our pay and perks, the incentive structure is so designed that there is a heavy tilt towards publishing in very high-quality international journals. We think a faculty who can think on his/her own, contribute to knowledge and bring that to the class -room in a relevant manner is a great asset, which is very rare to find now-a-days. So, research is extremely important, specifically, that is oriented towards Management in Practice, something that I lay special emphasis on.
Careers360: Any message to B-school aspirants?
Dr. R C Natarajan: Know about yourself and your plans for the future well. If you know yourself well, you will succeed. Be clear, think well. Don’t get nervous if you don’t know the answer for a single question. Be natural, yourself and confident. We are in need of “good” people and not “smarties”.
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Following overall minimum percentile in the CAT 2018/ XAT 2019/GMAT entrance exam should be scored by the applicants to get shortlisted for the final admission process by TAPMI Manipal. These TAPMI Manipal cutoff 2019 are applicable for the candidates with less than 24 months of Work experience.
For the candidates with work experience of two years or more TAPMI follows a Profile-Based Shortlisting. Following are the parameters for shortlisting:
Students will be informed on the shortlist decision through email / SMS to their registered email id and mobile number.
Best wishes. Thank you.
YOUR QUESTION IS VERY UNCLEAR.
AND from what I get by your question, you donot need any experience to join in college only thing you need to have is that you must have qualified the examination through which they take admissions in that particular college.
clat,jee, neet etc
TAPMI Manipal, one of the most preferred management institutes in India, is likely to open its admission process for PGDM 2020-22 batch in the second week of November 2019. TAPMI has announced to accept scores of CAT 2019, XAT 2020 and GMAT for PGDM admission 2020. The deadline to apply for admission at TAPMI is expected to close in second week of January 2020.
Hope you find it helpful
let me know in the comment box if you are having any further doubts
Doing MBA from a well known college like iim, Xavier etc will be really helpful. You may get good placements in bangalore and even in foreign countries. Your b. Tech percentage will not affect that much there. So try to get better MBA college than tapmi
Whatever the course you study, you can get a job in both foreign countries and India. In India, you need not clear any language testing exams to get a job. Whereas in foreign countries, you need IELTS, TOEFL and GRE scores. But the salary will be high in foreign countries when comparing with India.
All the best.
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