In an interview with Careers360, Dr. Shivganesh Bhargava, Head of Department, Shailesh J. Mehta School of Management (IIT Bombay) shares his thoughts on MBA scenario and students’ thought process regarding the management education in India. He advises students to not just focus on the sole factor of placements, rather seek quality learning and understanding of the contemporary issues related to management.
Dr. Bhargava also shares that B-schools need to change the perception of people that they are to prepare future managers and not function only for profit. Further, he also shares details of SJMSoM regarding placements, intake, fee structure and admission criteria.
Read interview excerpts:
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Careers360: The number of MBA applicants has almost remained stagnant for last 4â5 years now. While a positive sentiment is reflected in markets and economy now, this year the number of applicants is heading to the worst as reflected in lowering number of applications for CAT. What could be the key reasons for this?
Dr. Shivganesh Bhargava: B-schools have to make an effort to change the perception of the people that they are to prepare future managers and leaders, equipped with faculty and resources, and not for profit. Students will come as a vast market is looking at them and global players are making advantage from it.
Careers360: How has the value of management education in India changed in the last 3â5 years? How do you foresee the MBA programme scenario in the coming 1â3 years?
Dr. Shivganesh Bhargava: Management Education of quality will always be in demand if the vision of the institute is imparting knowledge to face contemporary challenges. Management Education Leaders must realize it and accept that placement is an automatic or natural outcome of quality education and not deviate from it. I see a better prospect in coming years with Technology Applications in teaching pedagogies and involvement of students with live industry projects.
Careers360: What is the total intake in the flagship PG programme in Management in your institute?
Dr. Shivganesh Bhargava: The fee is INR 8 lakh within Government of India rules without any change in fee structure in comparison to that of last year.
Careers360: How have been the placements at your institute for the 2013â15 batch? Any sector/function specific trend that you noticed during the placement season this year?
Dr. Shivganesh Bhargava: Companies that visited the campus ranged from sectors like, BFSI, Consulting and Analytics, Manufacturing, IT Consulting, FMCG and others. A total of 79 students received offers for various roles across domains and profile. Among the total students, 25 converted their PPO’s and PPI’s into final placements. Difficult to make any comment but consulting/services have got attention along with finance and IT.
Careers360: What will be your selection criteria for MBA/PGDM programme for academic session 2016-18? Is there any institutional emphasis on gender and academic diversity to accommodate more female and nonâengineer students?
Dr. Shivganesh Bhargava: Selection criteria for MBA/PGDM programme for academic session 2016â18 is given below:
For Domestic candidates: Applicant must possess one of the following qualifications:
1] A four-year Bachelor Degree or a Masters Degree in any discipline with first class or 60% marks (55% for SC/ST) in aggregate (including all years/semesters) or minimum CPI of 6.5 (6 for
SC/ST) out of 10
2] CA/ICWA, with a first class Bachelors Degree in any discipline (60% marks (55% for SC/ST) in aggregate (including all years/semesters) or minimum CPI of 6.5 (6 for SC/ST) out of 10)
3] Those appearing for the final degree examination can also apply. The admission in such cases will be subject to their fulfilling the minimum eligibility criteria as stated in (1) or (2) at the time of joining the course.
For International Candidates: For the purpose of application, an international applicant is one who holds a foreign passport, or has Indian passport but is studying/working abroad continuously for more than or equal to two years (as on 30 September of preceding year of joining the programme).
4] One who holds a foreign passport and does not have Indian passport, should have cleared TOEFL or IELTS.
Selection criteria are finalized every year after deliberation and discussion in faculty meeting which is usually different in weight-age of different parameters. On an institutional emphasis on gender and academic diversity to accommodate more female and nonâengineer students, we have assigned weight at the performance of School and +2 level with emphasis on extraâcurricular. On gender, we follow general rules of other programmes of IITB in line with MHRD, GOI.
Careers360: What is the USP of your 2âyear management programme which differentiates it from the others? How do you plan to enrich your 2âyear management programme in next 1â2 year?
Dr. Shivganesh Bhargava: IITB has a large number of students with industry experience and contributes significantly in the making the sessions live. Faculty of quality shares the theoretical perspective and students get enlightenment of actually what they have experienced. Some fresh students put innovative queries that automatically get an answer from their own peers with value addition of faculty perspective.
Our graduates, enriched with technoâmanagerial expertise are driving the enterprises in all sectors inspiring a new generation to develop even more interest in our School. They never realize the time busy on organizing events/games/seminars/club activities and Gym in a green environment of IITB. IITB Shailesh J Mehta School of Management has its own distinct position today as a global business school fostering on Innovation, Leadership and Entrepreneurship. The School has its standards and never thought of comparing with its sister institutes. We learn from each other and have mutual respect for each other as the esteemed institutes of higher learning.
On plan to enrich our 2âyear management programme review process will start next year as we have revised the structure only last year.
Careers360: Any message for the future students?
Dr. Shivganesh Bhargava: Do not rush for placement. It will follow you, if your focus is on quality learning and understanding the contemporary issues related to management.
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CA/ICWA, with a first-class Bachelor's Degree in any discipline having secured 60% marks (55% in case of candidates belonging to SC/ST category) in aggregate (including all years/semesters) or a minimum CPI of 6.5 (6 in case of candidates belonging to SC/ST category) out of 10.
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You have decent chances of getting a call from Shailesh J. Mehta School of Management, IIT Bombay. However, try to improve your final year CGPA as minimum eligibility criteria to get a call is 60% or 6.5 CGPA minimum. Moreover, your CAT percentile needs to be at least 98 percentile and above to expect a call from SJMSOM. Though they give 80% weightage to CAT percentile in selection process, they also give 5% weightage to class 12th percentage and 5% to graduation score. Remaining is for diversity and work experience which you don't have currently. So, try improving your graduation CGPA and get a really good CAT percentile to expect a call from SJMSOM.
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