Management programmes must keep pace with industry expectations: Dr. Vikas Nath, Director, BVIMR Delhi
In an interview with Careers360, Dr. Vikas Nath, Director, Bharati Vidyapeeth's Institute of Management and Research, Delhi shares his thoughts about the management education in India. According to him, the industry expects their executives to be engaged in a constant learning process which the current management education needs to keep pace with.
Dr. Vikas Nath further shares the USP of BVIMRs management programme, as per which students are exposed to case studies, industry interface, knowledge management tools, incubation centers etc. to keep up with the industry requirements.
He suggests students to work smart and strive to develop knowledge, skills and languages from their programme. Read full interview of the Director 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. Vikas Nath: In the last two decades with globalization, intensification of competition, and massive privatization initiatives, shareholder value is gaining the attention of executives all over the world, including India. To help firms create value for shareholders, value based management (VBM) systems have been developed. VBM represents a synthesis of various disciplines like finance, strategy, accounting, and organizational behaviour and though a recent innovation in financial practice, many regard it as one of the most important developments in corporate management. Management Programme is bound to witness unprecedented heights in the form of pluralism across academics, industries and think tanks in India. Industry expects their executives to be engaged in a constant learning process which the current management education needs to keep pace with.
Careers360: What according to you are the factors resulting in constant decrease in CAT application numbers albeit the exception in 2015?
Dr. Vikas Nath: The bottom-line in the number of MBA applicants and the decline seems to be accelerated in the last 4-5 years. It was attributed to the uncertain economy and is having a transitory effect as people want to wait and see how things work in future. CAT is also losing its claws as the method used in for equating, scaling and normalizing scores was erroneous leading to irregularities. A big change in pattern, minimum information about structure of the exam is making large number of graduates change direction from CAT towards GMAT and GRE which are solid, clear and consistent in their examinations. Other opportunities for graduates like GATE, SBI-PO, IBPS and other government exams involving ZERO investment but big return is another contributing factor. The brand dilution for IIMs has come to a point where alums are forced to swallow the harsh-reality that IIMs don’t generate those awes and the ratio of an applicant to student was 150:1 which has gone down to approx. 57:1 with 13 IIMs in operation. All the above factors contribute towards lowering number of applications for CAT.
Careers360: What is the total intake and fee for the flagship PG programme in Management in your institute?
Dr. Vikas Nath: The total intake in the flagship PG programme in Management is 181. The total Annual Fee is Rs. 2, 78,800 (Tuition Fee – Rs. 2, 50,000 + Other Fee – Rs. 28,800). The hostel facility is Rs. 1, 11, 000 = Rs. 70, 000(Hostel) + Rs. 30, 000 (Mess Facility) +Rs. 10,000 (Security Deposit).
Careers360: How have been the placements at your institute for the 2015 batch?
Dr. Vikas Nath: The placements at BVIMR for 2015 batch have been quite good. BVIMR is known for promoting entrepreneurship as well. With a total intake of 200 students, about 140 students opted for on-campus placement. The total number of companies which visited the campus is 80 and international companies are 3. The highest package for 2013-15 batch is Rs. 18 lakh and average package is Rs. 6.25 lakh. It was seen that startups and E-commerce companies were major recruiters during this placement season. Some of the few blue chip companies in this regard were Buoy International, Sanex International, Practo Technologies, Capital IQ, Indiamart, Grid Infocomm, XL Dynamics, Citi Bank, Wipro, CSC, Schindler, Infosys etc.
Careers360: What are the selection criteria for MBA/PGDM programme for academic session 2016-18?
Dr. Vikas Nath: The primary selection criterion for MBA Programme is the entrance examination, Bharati Vidyapeeth University Management Test (BMAT). The exam pattern includes current affairs, mathematics at Class X level, logical and abstract reasoning, computer awareness, verbal ability and quantitative aptitude. B-schools are looking to build a dynamic and diverse incoming class. B-schools are not doing it for any politically correct or social engineering reasons but for a very practical reason - The greater the diversity of the class, the greater the diversity of career choices amongst the students, which means the greater the likelihood of attracting a wider range of recruiters thereby helping the students during tough job markets. At BVIMR, New Delhi there is no gender bias and equal opportunity is given to both males and females and academic diversity is always welcome for both commerce and non-commerce (arts, engineering etc.).
Careers360: What is the USP of your 2-year management programme which differentiates it from the others? How do you plan to enrich your 2-year management programme in next 1-2 year?
Dr. Vikas Nath: Education needs to be dynamic and innovation is a tool for it. I have tried to implement innovative concepts like contextual learning and training material – through infrastructure specific case studies, industry interface, knowledge management tools, incubation centers to promote entrepreneurship development and training to take decisions which affect multiple bottom lines; for both students and faculty members. I have implemented my own notion of conflict resolution and workplace demarcations i.e., “Carefronting” and “Integrating Style of Leadership”. The institution believes in tactile learning and practices the same. BVIMR intends to keep its pace in tandem with UN millennium developmental goals on education i.e. Based on these needs, they should conduct skills training programs, and diploma and certificate courses in partnership with government agencies. We promote Management Education through Value based systems, Incubation centers (promoting Entrepreneurship Education), Finishing School for grooming and skill development which happens to be our USP.
We have tried to implement LOST – Learning Out of School Time and tactile learning which has become one of the major factors for its churning out entrepreneurs through incubation centers and skill development programs. Expeditionary Learning through skill development programs through MSME’S & NSDC brings the learning out into the world expediting the need to learn more than what’s confined inside the classroom walls but even more so using the world to learn. Students feel engaged in learning while achieving goals and accomplishing character development when exposed to learning outside. Educators must provide them “underground” tools to live and breathe in the world around them. Constructive Struggling is another Japanese form of teaching which allows students to struggle through a lesson with guidance from their teacher. At BVIMR, New Delhi we try to chalk out such innovative methods of learning which forms the base for holistic development of the students as innovation and experimentation are keys to sustainability in the existential competitive educational scenario. BVIMR, New Delhi conforms to the above parameters and strives continuously to be a Center of Excellence, nurturing young talents aiming at producing professionals with social competence and good pay packages or for generation of employment.
Careers360: Any message to B-school aspirants?
Dr. Vikas Nath: All B-School aspirants crave for getting a better job, creating your own Business Enterprise, work with Government, NGO, going to places and do wonders.
The only conditions are, you must work smart, be a sport, have an open mind to learn whatever is taught to you by faculty and life and strive to develop some working knowledge, skills and languages. “Working knowledge” means knowledge of Management (MBA) which you can put into practice. ‘Working Skills’ means you must be able to ‘work’ on Technologies, develop models, work with securities or commodities exchanges, Retail business, Sell a Product or Service, use Accounting Software like Tally ERP, Supply Chain Management, use Business Analytics or SAP, get into export-import procedure and documentation, set up web portals. I mean, just be ready to do anything for your business, if you want to be successful and upwardly mobile in this highly competitive, globalizing business world.
‘Working Languages’ means learning to communicate in English and at least one foreign language, French, German, Chinese or Arabic if you wish to work with India, USA, Europe or Middle-East/Africa.
Hard Work has no substitute. So work hard and win laurels for the country but at the end of the day – Always be a good human being.
Stay tuned to www.bschool.careers360.com for more news and special interviews with B-school directors.
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Questions related to Bharati Vidyapeeth Deemed University Institute of Management and Research, New Delhi
my fellow mates got call letter from bvimr delhi bba as their rank were below 500 , my rank is 826 , will i also be alloted seat and get call letter
This scenario totally depend upon the college because they made the criteria as per their requirement so there is no surety that they will also provide you a call letter because may be they have decided to call only those students who have the rank in 500's so, its totally depend upon them, that what they have decided this year.
how much rank is required to get into bvimr bba delhi campus as my rank is 826 will i get admission into bvimr for bba
BVIMR doesn't disclose the merit list but, they inform the candidates about their selection for the next round. Once the candidate gets an approval they are called for counselling.
As per previous statistics, 2000 rank and below is considered good. So you have chances of admission.
I would still suggest to wait for the response from University.
For more information you can visit -
can i get admission in bvimr for bba. my merit no is 1800
You have to score around 2000 rank . To get admission in BVIMR Delhi 2000 rank is quite securable for you . then there will be the assurity of getting into that college. so make sure you do well.
I hope this was helpful . Thank you .
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Hello student ,
Radiant institute if management and science of indore is one of the reputed college . The faculty is quite competent and supportive to students. They keep all students updated regarding curriculum, exams and events even on phone and messages. Students get all the intimations and necessary information even if they are cannot attend college regularly .Fu rther for BBA course it's fee is 1.25 Lakhs (1st Year Fees) , further there is no h ostel facility. Students have to depend on their own for any accommodation .
Hope it helps !
how to take admission in bsc biotechnology course in burdwan institute of Management and technology, Kolkata? is it good college? is there hostel facility?
Bsc biotechnology hons is available at Burdwan institute of management and technology, West bengal. It is a 3 years course with the total fee of 90,000. The eligibility criteria is to have 10 plus 2 standards from a recognised university. The reviews are quite good though placements may not be that good. But still you can manage to get a good job based on your skills. For admission process you may contact the college but I gueds admissions have started and you may check the online website for application. All the best.