A guide about MIT School of Business in Pune

MIT School of Business

MIT School of Business

MIT School of Business (MIT-SOB), an institute under the umbrella of MIT Group Of Institutions, Pune , comprising of 40 Institutions and over 35000 students from India and abroad, has been imparting quality and value based education for over 24 years. The MIT Group institutions are spread all across Maharashtra and are engaged in imparting quality education from school level to post graduate level. Since the year 2005, MIT-School of Business (MIT-SOB) has adopted the Case Study based learning method, pioneered by Harvard Business School. This method provides contextual learning besides conceptual learning. This is a practical and interactive methodology that requires high level of participation by faculty and students alike. This method helps bring students face to face with real life situations through a continuous learning and assessment process.

Undoubtedly, business education in a proper provides the best opportunities for a rewarding career. Hence many students opt for business programs. However, prudent and careful choice of a school of business is a prerequisite for success of career decisions. This fact gets specially underlined in view of the mushroom growth of management institutes. At such crossroads, one should opt for a school of business with:

  • Value Based Education
  • Contemporary Syllabus
  • Experienced Faculty
  • Exemplary Placement Support
  • Infrastructure

MIT-SOB is one such institute that fulfills all the above criteria. MIT-SOB has played a significant role in the career development of students. It makes us proud that so many of our alumni have established a niche career for themselves and are holding aloft the MIT-SOB flag so proudly.

As you get to know more about this institution through interactions with counseling staff and your visit to the campus, you will realize that MIT-SOB is the School of Business for your all round education, enrichment and to reach the career goals envisaged by you!

Case Based Learning

PGDM at MIT-SOB is designed to train students to become  excellent general managers and high-level-decision-makers with broad strategic vision. At MIT-SOB we also inculcate a strong sense of philosophical orientation, global perspective  along with stress on comprehensive training. To achieve all this MIT-SOB has  implemented the Case-study method pioneered by Harvard  Business School (HBS), USA to impart practical, case-based  education that makes the difference between good managers and great managers.

This methodology is implemented under  the mentorship of Prof. V. G. Narayanan of HBS who regularly  monitors its implementation through frequent visits and video conferencing. The program is delivered by competent and  experienced faculty with a strong industry interface.

During the entire length of the program, students are required to analyze about 250 business related case studies in their area of choice. These case studies simulate real-life situations found in the industrial/corporate scenario today.

THE PGDM Program Syllabus

MIT-SOB offers the PGDM program approved by AICTE in the following 4 streams

  1. PGDM  – Marketing
  2. PGDM – Finance
  3. PGDM – HR
  4. PGDM – General Management

The intake approved by AICTE for each of these programs is 60. All programs are 2 year, full-time programs and classes are held at the MIT-SOB Campus in Pune, Maharashtra India.

There has been great care taken to ensure that the syllabus, the delivery and the methods are the best-in-class to ensure that our students are more employer-ready possessing the right balance of theoretical and practical knowledge.

The course consists of:

  1. Core curriculum
  2. First year – Compulsory foundation course and compulsory subjects in  general management.
  3. Summer internship (Compulsory industry training between first and second year).

PGDM

FOUNDATION COURSE

OPTIONAL SUBJECTS

SYLLABUS

 

Optional Subjects

Subject : Financial Accounting   ( FCO – 1)

OBJECTIVE : The objective of the course is to understand the accounting as a base to understand the intricacies of finance for Advance Management course.

TOPIC

Introduction to Accounting System, Key concepts and terms
Generally Accepted Accounting Principles (GAAP), Accounting cycle and users of Accounting information
Types of accounts, Rules of double entry and Accounting Equation
Journal
Ledger, Opening & Closing entries
Introduction to Subsidiary books
Rectification of Entries
Preparation of Trial Balance
Final Accounts of Sole Proprietary Concern
Numericals on Final Accounts

References:

  • Financial Accounting for Managers – Dr. S N. Maheshwari
  • Introduction to Financial Accounting – Homgren, Sundem
  • Financial Accounting (A Managerial Perspective) -R Narayanswamy
  • Financial Accounting for Business Managers – Asish Bhattacharya

 

Subject : Business Economics (FCO – 2)

OBJECTIVE : The objective of the course is to have knowledge of economic fundamentals as a base to understand the business environment.

TOPIC
FUNDAMENTALS OF MICRO ECONOMICS

INTRODUCTION

  • Adam Smith’s Wealth Definition, Alfred Marshall’s Welfare Definition, Lionel Robbins’s Scarcity Definition and Paul Samulson’s Growth Definition.
  • Economics and Related subjects like Science, Art, Mathematics, Statistics, Accountancy and Management.
  • Positive Economics and Normative Economics
  • Basic Economic Problems
  • Nature and Scope of Economics
  • Types of Economic System – Capitalist, Socialist and Mixed.
  • Micro and Macro Economics

BASIC  CONCEPTS

  • Utility; Firm; Industry; Production; Consumption; Markets- definition and  types of markets

DEMAND, SUPPLY AND ELASTICITY

  • Meaning, Factors affecting Demand and Supply, Law of Demand and Supply, Individual Demand and Supply curves, Market Demand and Supply curves, Exceptions to law of Demand and Supply, Changes in Demand and Supply, Changes in Quantity Demanded and Quantity Supply.
  • Price, Income and Cross elasticity of Demand – Definition and types
  • Elasticity of Supply – Definition and types

FUNDAMENTALS OF MACRO ECONOMICS

BUSINESS CYCLE

  • Four phases of Business cycles and characteristics, Inflation- Meaning, Types, Demand –pull and Cost-push Inflation, Factors affecting inflation.

MONEY AND BANKING

  • Barter system, Inconvenience of barter system; Definition of money M1, M2, M3 and M4; Commercial Banks, functions and types; Central Bank – Functions

BALANCE OF TRADE AND BALANCE OF PAYMENT

  • Definition and components, Devaluation, Appreciation, Depreciation

TAXATION

  • Canons of Taxation, Types of taxes- Direct and Indirect taxes there advantages and disadvantages.

LIBERALISATION, PRIVATISATION AND GLOBALISATION

CURRENT BUSINESS AFFAIRS (Students are expected to read the Business Press for the same)

References:

  • Microeconomics – D M Mithani
  • Microeconomics – M. L. Seth
  • Microeconomics – H. L. Ahuja

 

Subject: Basics Of Mathematics And Statistics  (FCO – 3)

OBJECTIVE : The objective is to know the mathematics and statistics to develop quantitative analytical skills to solve business problems

TOPIC

SETS

  • Sets and their representation
  • Empty set. Finite & Infinite sets. Equal sets. Subsets. Subsets of the set of real numbers especially intervals (with notations). Power set. Universal set.
  • Venn diagrams
  • Venn diagrams

MATRICES

  • Concept, notation, order, equality, types of matrices, zero matrix, transpose of a matrix, symmetric and skew symmetric matrices.
  • Addition, multiplication and scalar multiplication of matrices, simple properties of addition, multiplication and scalar multiplication.
  • Non-commutativity of multiplication of matrices and existence of non-zero matrices whose product is the zero matrix (restrict to square matrices of order 2).
  • Concept of elementary row and column operations. Invertible matrices and proof of the uniqueness of inverse, if it exists; (Here all matrices will have real entries).

DETERMINANTS

  • 3´Determinant of a square matrix (up to 3  matrices), properties of determinants, minors, cofactors and applications of determinants in finding the area of a triangle
  • Adjoint and inverse of a square matrix.
  • Consistency, inconsistency and number of solutions of system of linear equations by examples, solving system of linear equations in two or three variables (having unique solution) using inverse of a matrix.

STATISTICS

  • Measure of dispersion; mean deviation, variance and standard deviation of ungrouped/grouped data
  • Analysis of frequency distributions with equal means but different variances

PROBABILITY

  • Random experiments: outcomes, sample spaces (set representation)
  • Events: occurrence of events, ‘not’, ‘and’ & ‘or’ events, exhaustive events, mutually exclusive events.
  • Axiomatic (set theoretic) probability, connections with the theories of earlier classes
  • Probability of an event, probability of ‘not’, ‘and’ & ‘or’ events

References:

  • Mathematics NCERT Books (Class IX  to  XII )

 

Subject : Business English (FCO – 4)

OBJECTIVE : The objective of this course is to enable the students who are basically aspiring management professionals to develop effective communication skills with special emphasis on communication in an organization.

COURSE CONTENT

TOPIC

ENGLISH GRAMMAR

  • Tense
  • Direct & indirect speech
  • Active voice and passive voice
  • Parts of speech
  • Use of verbs, nouns and prepositions
  • Synonyms and antonyms
  • Interrogative words
  • Conversation and dialogues

WRITTEN COMMUNICATION

  • Comprehension
  • Precise writing
  • Essay writing
  • Job applications and resume writing
  • Business letters
  • Reports, proposals and notes
  • Interviews, Group Discussions

Reference Book:

  • 12th English book
  • Graduation English books
  • Any Basic English Grammar books

Specialization Courses

In the Second year – A basket of about 80 subjects is offered of which a total of 10 subjects are to be selected by students to qualify for PGDM completion.

Below are the choice of subjects offered in Second Year in each of the 4 PGDM programs.
Each of these courses are taught by expert faculty of the institute and leading professionals from corporate houses to give a real-time and a more practical approach to learning.

PGDM-Marketing:

Retail Management | Rural Marketing | Industrial Marketing | Internet Marketing | Product and Brand Management | Services Marketing | Sales and Distribution Management | Strategic Marketing | Relationship Management | Travel and Tourism Management | Export and Import Management | International Marketing | Marketing of Financial Services | Public Relations and Event Management | Introduction to Mass Communication | Market Research | Promotion Management | Advertising Management | Media Management | Media Research | Print and Electronic Journalism | Channel Management and Programming | Country Risk Analysis and Regional Business Overview

 

PGDM-Finance:

Financial Markets | Introduction to Life Insurance | Indirect Taxes | Derivative Markets | Direct Taxes | Security Analysis and Portfolio Management | Strategic Cost Management | Strategic Financial Management | Treasury Management | Advanced Corporate Accounting | Financial Services | Banking | Multinational Finance | Advanced Financial Management | Introduction to General Insurance | Risk Management | Legal Aspects of Finance | Mergers and Acquisitions

PGDM-HR:

Organizational Development | Labor Laws (part I) | Industrial Relations and Trade Unions | Human Resource Information System | Wage administration & Labor Costing | International HR | Labor Laws (part II) | Strategic Human Resource Management | Understanding the Theory and Design of Organizations | Performance Management

PGDM:

Comprises of subjects from all functional areas

Additional Subjects:

Supply Chain Management | Internet Technology | Production Planning and Control | Material Requirement Planning | Manufacturing Strategy | World Class Manufacturing | .net Technologies | Information Systems Audit | Software Testing | Productivity Softwares | Software Engineering Management | IT Service Management | Network Engineering |

E-business Systems | Information System Project Management | Information Systems Security | Data Management Techniques | IT Outsourcing and Vendor Management | Business Intelligent Systems | Oracle Project Management | Entrepreneurship Management | Management Control System | Enterprise Resource Planning | Quantitative Techniques | Quality Management

The above may not be an exhaustive list. Subjects may be added or deleted as found necessary.

The subjects and contents are upgraded regularly by experts from industry and academia.

Selection Process

Extempore Talk (on a given topic) with Essay Writing and followed by Personal Interview. Selection would be based on following parameters.

  • Score obtained by candidate at CAT/MAT/XAT/ATMA/CMAT/CET exams.
  • Performance at Extempore Talk (Including written essay)
  • Performance at Personal Interview
  • Past Academic Record (10th & 12th level)
  • Work Experience (if any) after graduation of at least 1 year or more

         *Aptitude test will not be conducted separately by the institute

Documents to be carried at selection process

  • Copies of 10th, 12th and Graduation mark sheets (upto previous year if you are a final year student).
  • Copies of scorecard of either of CAT/MAT/XAT/ATMA/CMAT/CET exams.
  • 2 latest photographs
  • Any valid original Photo-ID (eg:- Driving License, PAN Card, Passport, College I-Card)

Fees

Rs 2.75 lacs per annum. Payable in installments. Includes Study material, Laptop and Uniform.

Sr. No. SITUATION REFUND
1 Request Received before date of start of session. Entire fee less Rs.1000/- Handling Charge.
2 Request received after commencement the course & Seat could be filled by the Institute. Entire fee less deductions on pro-rata basis Tuition Fees & Costs.
Request received after commencement the course & seat could not be filled. No refund.

In all cases not covered under the above rules, refund will not be granted.

Address:

S.No. 123, B-Wing, Saraswati Vishwa Building,
MIT Campus, Paud Road, Kothrud,
Pune. 411038

 

Timings:- 

9:30 am to 5:30 pm (Mon to Fri)

9:30 am to 4:00 pm (Sat)

Lunch Time:- 1:45 pm to 2:15 pm

Tel:(For administrative queries only)

020 – 30273601 / 02 / 03

E-mail :  

pgdmsob@gmail.com 

OR
learning@mitsob.net

 

Admission Cell Contacts:

9922487671 (Ms. Namrata)

9922487669

8605003969 (Mr. Gautam)

 

Fax No:

020-25442770

Find more information - http://www.mbacolleges.info/india/mba-colleges-in-pune.html