BITS MBA inception & parivartan::……
MBA @ BITS Pilani, the beginnning and the change, And an outlook about an investment really promising!
This follows the post “Let us see how we have changed since inception”
Let me introduce myself, I am Nirupam, 4th year BE Civil, MBA Dual (5 years), so that means I was admitted to BITS in the year 2005 (the year when BITS started BITSAT), We were admitted to Master of Management Studies (MMS) programme and took a transfer to MBA when BITS Management Department re introduced its MBA degree in 2006. I hence have had the opportunity to overlook the programme since its conception and would like to summarize its metamorphosis;
In 2006, when the first admission notification was released, we got a few online queries about it and we were ourselves not sure, what it was going to be like, We finally came to know that we were allowed a transfer to MBA and would be doing a Dual degree of engineering and MBA in 5 years. We had the opportunity to meet the 15 member batch of MBA 2006, and we came to know that they had come through the BITS higher degree online test and subsequent interviews at pilani. They told us that the two specializations were in Engg and Tech Mgmt and IT enabled services Mgmt, but the flexibilty would allow them to pursue electives of their interest (which in its true meaning holds true, the set of electives I have attended are Project Appraisal, Marketing research, Strategic Financial Management, Financial Engineering, and Security Analysis and portfolio Management)
The courses and electives have evolved over the three batches of MBA and Marketing research, Financial engineering, Risk Managemnt and Insurance, Enterprise Resource Planning, Strategic financial Management, Project Appraisal have all been conducted in a very unique way, depicting the BITS Pilani excellence as a rich pool of faculty from Economics and Finance Group, Management Group, and across other disciplines at BITS have been collectively involved in the design/conduct of MBA curriculum. The special focus on courses like Negotiation skills, Business and society and strategic management also sets the BITS MBA education model apart from others.
The Admission procedure has also gone a change where the online tests are now conducted at centers across the country unlike the previous model where they were conducted only in Pilani. The intake has also steadily increased and this year 2009, should be around 60. With the advantage of a strong Alumni network, and unique practice shool program, BITS MBA is set to achieve its own niche in near future.
The placements are what we have monitored over 4 years, When MMS programme was there (for three decades), the MMS students were well placed and some of notable alumni of MMS are in top executive positions across the globe. The first MBA batch was meagerly placed from first phase of campus recruitments, for obvious reasons that it was BITS MBA’s first batch, but the Practice school programme in the last semester of MBA curriculum helped them get good positions in MNC’s and they are all well placed now. The second batch made a good attempt by reaching out to Industries with a very well drafted BITS MBA Brochure and we all expected things to improve in a big way for BITS MBA placements bu they were hit by current market sentiments; they are all currently at Industries doing their practice school and trying to find opportunities for them which we hope will definitely come by either in form of offers from their Internship firm or elsewhere only because, we know they are good! The batch of 2010 has started its endeavours for placements and hopefully, things would be in place from now on.
About the 2 year golden investment (1.5 in academia and 0.5 in industry): The BITS MBA students come through a good entrance, get a unique model of education in the finest academic environments at Pilani and a great deal of exposure by organizing and manging events; benefit a lot from the happenings and activities at BITS, get a chance of guest lectures and workshops from the best in the Industry and academia, and get hands on exposure to the Industry as a part of their program. The placements have to kick start and am sure once they do it would be one of the most sought after programs, The Admission notification for Batch of 2011 is about to be released and it’s a golden opportunity for all to invest their two years to change the way they think and shape their life, because of not so hyped publicity, it might just be easier for the new batch to get into and the returns from this investment will surely be titanic as by 2011, definitely placements, (the only one thing that could raise qualms of this program as of now) shall go a way ahead.
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