Chennai’s Srinivasan C chose Narsee Monjee Institute of Management Studies (NMIMS) primarily because it was in Mumbai and had a placement record comparable to the Indian Institutes of Management. “Other unique features of this institute are the diversity of students, industry exposure and strong alumni base,” says Srinivasan, a student of the MBA programme. The fact that NMIMS is attracting students because of these factors is reflected in the 40% increase in applications to the school.
USP: “The institute has constantly been ranked among the top 10 B-schools over the last three decades. It is also among the few institutions in the country to offer multi-specialisation programmes such as MBA banking, MBA capital market, MBA HRM, MBA pharmaceuticals management and family business in addition to its regular MBA programme,” says Debashis Sanyal, dean, NMIMS, School of Business Management (SBM). He adds that candidates get three chances to appear for the NMAT admission test, and are selected on the basis of the best-of-three score.
Programmes and curriculum: MBA; MBA banking; MBA capital markets; MBA HRM, part time MBA, MBA in pharmaceuticals management; MBA in entrepreneurship and family business; MBA social entrepreneurship (part-time); executive MBA and a management programme for executives. The school also offers specialised, diploma and certificate courses.
It also has a tie-up with the Bombay Stock Exchange to provide hands-on experience to students in understanding financial markets and products. Experiential learning approach through management cases, role plays, simulation exercises, web-based exercises, interactive programmes, and live organisation-based projects are among other innovative teaching methodology adopted by SBM. Mumbai Darshan, an experiential learning programme is meant to foster team bonding, shared decision-making and to teach students to manage their finances.
A mentorship programme has been put in place for outstation students, who are mentored by the faculty. A ‘buddy’ concept is another way to make the students feel at home. A final-year student is associated with a fresher for interaction and advice. The IIPC cell, with its objective to promote industry-academia linkage, places emphasis on learning by applying theoretical concepts learned in the classroom on live industry projects. These corporate projects vary from one to three months. Several workshops, seminars and guest lectures are also held round the year.
Faculty: There are 200 faculty members including more than 70 fulltime faculty staff. The institute is also associated with the Harvard Business School in developing faculty through participant-centred learning.
IT quotient: NMAT is completely online. All campuses of the university are interlinked with multiprotocol label switching connectivity. In addition, Blackboard, a web-based leaning management system designed to allow students and faculty to participate in classes delivered online or use online materials and activities to complement face-to-face teaching, is also available.
Infrastructure: The school also encourages research activities by providing facilities of online databases such as, ProQuest, Emerald, JSTOR, CMIE, Capitaline, ISI emerging markets, CEIC and case study databases such as ECCH and HBSP. Classes are Wi-Fi-enabled ith audio-visual equipment, electronic board facilities. The library has a rich database, including books, journals, e-books and technical reports with different search tools for its users. The school also has a live trading centre, seminar halls, computer labs and a ground for extra/curricular activities.
Clubs and societies: The student council organises various activities with the help of the other cells. There are 16 student bodies in total, with four core cells and four functional cells and seven interest-based cells, along with the student council. The core cells include IIPC, SRF, alumni and placement committee. Interest-based cells include Adverb, Colloquium and Mantavya.
In addition, We Care is a unique, student-motivated initiative which partners with national and international non-for-profit organisations and helps students engage in meaningful group volunteer projects. It provides opportunities for students to gain both knowledge and management tools relevant to corporate citizenship and community engagement.