Mdp Program
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3600 Flexi-mode
The Institute of Chartered Financial Analysts of India University, Tripura University Campus, Agartala-Simna Road, P.O. Kamalghat Sadar - 799210, Tripura (West). Website: www.iutripura.edu.in
Contents Global Network ......................................................................................................................... 3 The Institute of Chartered Financial Analysts of India University, Tripura ...................... 4 Master Degree Programs ....................................................................................................... 5 Courseware and Case Study Focus ....................................................................................... 7 Training Classes ....................................................................................................................... 8 Web Services 24 x 7 ................................................................................................................. 9 Master of Retail Management ............................................................................................. 10 Master of Telecom Management .......................................................................................... 11 Master of Aviation Management ......................................................................................... 12 Master of Financial Services Management ........................................................................ 1 3 Master of Infrastructure Management ................................................................................ 14 Master of Hospital Administration ....................................................................................... 15 Master of Media Business Management ............................................................................ 16 Master of Agri-Business Management ................................................................................ 17 Master of Hotel Management .............................................................................................. 18 Master of Logistics Management ........................................................................................ 19 Master of Automotive Business Management ................................................................... 20 Master of Pharma Business Management .......................................................................... 21 Admission Policies and Guidelines to Complete the Application Form ........................... 22 Fee Schedule ........................................................................................................................... 24 Application Form for Enrollment ........................................................................................... 27
For further information and advice, you may contact the following branch:
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Master Degree Programs
Global Network Recognizing the globalization imperative, the ICFAI University has established a close networking relationship with leading institutions and professional bodies around the world. THE ASSOCIATION TO ADVANCE COLLEGIATE SCHOOLS OF BUSINESS, USA
The Association to Advance Collegiate Schools of Business, USA, International: AACSB is the professional association for college and university management education and the premier accrediting agency for Bachelor’s, Master’s, and Doctoral degree programs in business administration and accounting. IBS® is a member of AACSB International, which connects it to the global network of educational institutions, corporate and non-profit organizations.
ASIAN SECURITIES ANALYSTS FEDERATION, AUSTRALIA
Asian Securities Analysts Federation, Sydney, Australia: ASAF was founded in 1979 to promote the interests of the investment community of Asia and Oceania and to encourage and assist in the development of the profession of securities analysts. The ICFAI University represents India in the ASAF. ASAF and the European Federation of Financial Analysts Societies (EFFAS) have promoted the Association of Certified International Investment Analysts (ACIIA).
SYRACUSE UNIVERSITY, USA
Syracuse University, USA: Syracuse University is located in Syracuse, NY, United States. Founded as a seminary in 1832, the University was officially chartered in 1870. Syracuse University’s professional schools rank among the best in their respective fields in the United States. IBS ® has a collaborative arrangement for research scholars with the Martin J Whitman School of Management, Syracuse University.
ASSOCIATION OF ASIA PACIFIC BUSINESS SCHOOLS (AAPBS), KOREA
Association of Asia Pacific Business Schools, Korea: AAPBS was established in October 2004, with a mission to provide leadership and representation in order to advance the quality of business and management education in the Asia Pacific Region. The Association will accomplish its mission by collaborating in research and teaching, and working in partnership to improve business school standards and quality. AAPBS and its members are striving to understand and develop a solid paradigm for an Asian Management education model with a global context. IBS® is a member of AAPBS.
EUROPEAN FOUNDATION FOR MANAGEMENT DEVELOPMENT, BELGIUM
European Foundation for Management Development, Belgium: Founded in 1972 at Brussels, Belgium, EFMD is a not-for-profit association of management education providers and leading companies. EFMD designed an international system of strategic audit and accreditation, called European Quality Improvement System (EQUIS). IBS® is a member of EFMD.
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MONASH UNIVERSITY, AUSTRALIA
Monash University, Australia: Monash University was established in Melbourne, Australia, in 1958. It is a member of the prestigious Group of Eight Universities and has emerged as a large and dynamic research and teaching institution, with a global reputation. IBS ® has entered into a collaborative agreement with Monash University for mutual benefit.
UniSA
UNIVERSITY OF SOUTH AUSTRALIA
University of South Australia: UniSA was founded on January 1, 1991. Since then, it has earned a reputation as a national leader in collaborative research, has been recognized nationally for innovation in teaching and has South Australia's largest intake of international students. UniSA is committed to educating professionals; creating and applying knowledge; engaging communities; maintaining cultural diversity amongst its staff and students; and providing equitable access to education for greater numbers of people. The ICFAI University has entered into a collaborative arrangement with UniSA.
THE ASSOCIATION OF COMMONWEALTH UNIVERSITIES, UK
The Association of Commonwealth Universities (ACU), UK: Established in 1913, the ACU is the oldest inter-university network in the world. ACU combines the expertise and reputation of over ninety years’ experience with new and innovative program designed to meet the needs of universities in the 21st century. Around 500 members are spread across five continents. The ICFAI University is a member of the ACU.
Master Degree Programs
The Institute of Chartered Financial Analysts of India University, Tripura The Institute of Chartered Financial Analysts of India University, Tripura (referred to hereafter as the
The students are enrolled under the flexible mode. The
University) was established in 2004 through an Act of State Legislature (Tripura Act 8 of 2004). The University has been approved by the University Grants Commission, under Section 2(f) of the UGC Act, 1956. The Distance Education Council (DEC) has approved the programs of the ICFAI University, Tripura.
the students who successfully complete all the groups
University awards the respective master degrees to of the respective programs, through self-study and examinations subject to the University Regulations. The University reserves the right to change the body of knowledge, prescribed books, the curriculum, examination pattern, evaluation system, rules and
The University believes in creating and disseminating knowledge and skills in core and frontier areas through innovative educational programs, research, consulting and publishing, and developing a new cadre of citizens with a high level of competence and deep sense of ethics and commitment to the code of professional conduct.
regulations. The students are governed by the latest regulations applicable to them during the relevant academic year. This document is designed to provide the prospective students with information only. The University assumes no liability of any kind to any person for providing this information, whether or not such
The Visitor of the University is H.E. The Governor of Tripura. The University is administered as per the Act, Statutes and Rules. The Board of Governors is headed
persons rely on it and even if they inform the University
by the Chancellor and has Vice-Chancellor and others as members. The Board of Management is headed by the Vice-Chancellor. The Academic Council is responsible for all academic matters.
This document may contain forward-looking statements
The University campus, based at Agartala is sprawling, landscaped and lush green. It provides a congenial environment for education and learning. The campus has well-equipped physical and academic infrastructure. The University has no study centers outside its authorized jurisdiction.
of their reliance on it.
like, but not limited to, general market, macro-economic, governmental and regulatory trends, technological developments, legislative developments, court decisions, scope for further studies, career opportunities for graduates from the University. Such forward-looking statements contained herein are subject to certain risks and uncertainties that could cause actual results to differ materially from those reflected in the forwardlooking statements. The University undertakes no duty to update any forward-looking statements, to reflect
The University offers Bachelor, Master, and Doctoral programs in management, finance, science and technology, information technology, education, law and other areas.
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future events or circumstances. Jurisdiction for all disputes (if any) relating to the University is only/exclusively Agartala, Tripura, India.
Master Degree Programs
Master Degree Programs With increasing globalization, each business and industry is exploring new opportunities and facing new challenges. It is therefore not enough for executives to have just a general understanding of the principles of management. They also need to be exposed to many specific inputs related to the industry itself, and the companies in the industry. A deep understanding of the issues related to the industry is essential for success. In this context, the Institute of Chartered Financial Analysts of India University, Tripura, offers Master Degree Programs in different sectors based on self-study and examinations. These Master Degree Programs prepare students for successful careers in today's dynamic global business environment by equipping them with the required knowledge and skills through effective academic delivery and support. The programs are designed to assist students in meeting their career development needs and interests and also to serve the educational needs of professionals who want to enhance their management skills and acquire new ones so that they can serve their organizations more effectively. Master Degree Programs The following Master Degree Programs are offered: ●
Master of Retail Management
●
Master of Telecom Management
●
Master of Aviation Management
●
Master of Financial Services Management
●
Master of Infrastructure Management
●
Master of Hospital Administration
●
Master of Media Business Management
●
Master of Agri-Business Management
●
Master of Hotel Management
●
Master of Logistics Management
●
Master of Automotive Business Management
●
Master of Pharma Business Management
Program structure The Master Degree Programs are structured to provide the knowledge and skills required for success in a specific sector. These knowledge areas and skills sets are both general and specific. Each program has 12 subjects, divided into 6 groups (of 2 subjects each).
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Industry Analysis is a key subject and deals with the specifics relating to the industry. The last group, Group F, consists of two subjects which deal with the latest case studies relating to management issues of specific industries. Eligibility Graduates (any discipline) with 45% and above. Duration: 18-24 months. No waivers All students are required to appear for all examinations. There are no waivers. Medium of instruction: English. Students who have pursued their degree program in non-English medium are advised to undergo proper preparatory courses in Business English so that they can cope with the Master Degree Programs. Validity of enrollment The validity of enrollment for the program is seven years from the date of enrollment. Students who are unable to complete the program within this period, but are still keen on continuing the program, are required to register de novo by paying the requisite fee. Students who study regularly and appear for and pass the examinations every quarter may complete the program in 18-24 months. 360 0 Flexi-mode The Master Degree Programs are based on study and examinations, with 360 0 flexibility for students. a . Self-Study: The University provides a detailed study plan and prescribed books specially designed and meant for self-study. b . Examinations: The examinations serve to finally assess and certify the students' understanding of the subjects and level of skill development. Examinations The examinations are conceived, developed and administered on a rigorous and fair basis to bring out the best in the students and prepare them for challenging careers in the world of management. Examinations for the program are conducted four times a year in January, April, July, and October. Fee The fee for each of the Master Degree Programs is given in the fee schedule on page 24.
Master Degree Programs
Students Regulations book All students who are enrolled into the Master Degree Programs will be provided with the Students Regulations book which contains the various rules and regulations pertaning to administering the program and the examinations. Model Question papers with suggested answers The model question papers with suggested answers based on examination pattern will be provided.
Online registration facility All students are required to register for their examinations (including payment of fee) using the online facility only, as the operations of examinations department are fully computerized. Enrollment dates In order to be eligible to appear for the examinations, the students are required to enroll into the program on or before the following dates.
Examinations
Enroll into the Program on or before
Eligibility for appearing in examinations Students will be eligible to appear for Group A examinations, five months after the date of enrollment provided all fee dues are paid in full. Subsequently, they can appear for one group every 3 months. Students are required to appear and pass the groups in a sequential order. Test centers The examinations are held at the following Test centers. More Test centers will be added at other places in due course. For the latest information, please visit www.iutripura.edu.in Agartala Agra Ahmedabad (2) Ahmednagar (4) Aizawl Ajmer Allahabad Alwar Amravati Amritsar Anantapur Aurangabad Bareilly Belgaum Bellary Bengaluru (8) Berhampur Bhagalpur Bhatinda Bhavnagar Bhilai Bhilwara Bhopal Bhubaneswar (2) Bijapur Bikaner Bilaspur Chandigarh (2) Chennai (5) Coimbatore Cuttack Davangere Dehradun Dhanbad Dharamshala
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Dibrugarh Durgapur Eluru Erode Faridabad Gandhidham Gandhinagar Gangtok Ghaziabad Goa Gorakhpur Gulbarga Guntur Gurgaon Guwahati Gwalior Haldwani Haridwar Hissar Howrah Hubli Hyderabad (8) Indore Jabalpur Jaipur Jalandhar Jalgaon Jammu Jamnagar Jamshedpur Jhansi Jodhpur Kakinada Kannur Kanpur
Karimnagar Kharagpur Kochi Kolhapur Kolkata (13) Kollam Kota Kottayam Kozhikode Kurnool Lucknow Ludhiana Madurai Mangalore Margao Mathura Meerut Moradabad Mumbai (13) Mysore Nagpur Nasik (2) Nellore New Delhi (8) Noida (2) Palakkad Panipat Pathanamthitta Pathankot Patiala Patna Pondicherry Pune (7) Raichur Raipur
Rajahmundry Rajkot Ranchi Rohtak Rourkela Rudrapur Sagar Salem Sambalpur Satara Shillong Shimla Shimoga Silchar Siliguri Solapur Sri Ganganagar Sri Nagar (2) Surat (2) Thanjavur Thrissur Tiruchirapally Tirunelvelli Tirupati Trivandrum Udaipur Udupi Ujjain Ulhas Nagar V V Nagar Vadodara (2) Varanasi Vijayawada Visakhapatnam Warangal Yamuna Nagar
April, 2009
November 29, 2008
July, 2009
February 28, 2009
October, 2009
May 30, 2009
January, 2010
August 31, 2009
Examination Calendar The examinations are generally conducted on Sundays in January, April, July and October. The schedule of the examinations is given below:
Month, Year
Dates (Sundays)
Last Date for Submission of Examination Registration Form
April 2009
5, 12, 19, 26
Feb 28, 2009
July, 2009
5, 12, 19, 26
May 30, 2009
October 2009
4, 11, 18, 25
Aug 31, 2009
January 2010
10, 17, 24, 31
Nov 30, 2009
Examination Dates
Passing requirements ●
To pass in a Group, the student must secure an average of 55 per cent for the two Subjects in the Group, subject to a minimum of 45 per cent in each Subject.
●
If the student secures 65 per cent or more in one of the two Subjects of a Group, but fails to get 45 per cent in the other subject of the same Group, he/she will get exemption from the subject in which he/she has secured 65 percent or more. When an exemption is secured in one subject, the student must secure a minimum of 45 percent in the other subject in a subsequent sitting to pass the Group.
Award of the degree All students who successfully complete all the 6 groups of the program will be awarded the respective Masters Degree by the ICFAI University, Tripura. Master Degree Programs
Courseware and Case Study Focus Courseware The courseware includes textbooks for all courses and workbooks and study guides for many of the courses. Initially the courseware is supplied for the first group only, so that the students will always get the latest editions as they progress in their studies. Textbooks: Textbooks are specially designed for independent study by the students. Study Guides: Study guides provide crisp and concise information of all the contents of the subjects. They help the students revise and refresh their knowledge on all the topics. Workbooks: Workbooks are designed to help the students in preparing for the examinations. The Case Study approach As the Master Degree Programs are uniquely designed to develop management perspective and skills, the case method is integrated as a dominant tool in the education methodology. It is not enough for the student to be equipped with merely the management tools and techniques. To be an effective management professional, the student has to be trained to think and act like one. Thus, the program has a very strong case study orientation. The program will use case studies of reputed Indian and international companies. These cases will help the student understand the complexities in various business, political, legal and social environment. Advantages Case studies are widely acknowledged as a very effective learning aid. A case is usually a depiction
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of a managerial situation or dilemma that calls for the best possible plan of action given the available information. You will benefit from our emphasis on case-based learning in the following ways: ➢ You will acquire problem solving and decision-making skills in complex business situations. ➢ You will be able to apply theoretical learning and test management concepts in real life practical situations. ➢ You will gain confidence in handling dynamic situations. ➢ You will understand the workings of the international marketplace. ➢ You will develop strategic skills and adaptability relevant in the global economy. ➢ You will develop an all-round personality with the unique advantage of being able to think and act like global managers. Continuous learning inputs Magazines and journals play a very important role in updating knowledge. Students are provided with the Effective Executive and Case Folio, monthly publications as continuous learning inputs. Effective Executive : Effective Executive is designed to help students keep themselves abreast of emerging ideas and issues in the management area. Contents include articles, executive summaries, interviews, debates, case studies and corporate reports on the contemporary issues in management. Case Folio: A monthly journal with latest case studies covering different aspects of management.
Master Degree Programs
Training Classes Inputs are provided to the students of the Master Degree Programs through comprehensive courseware including high quality textbooks, study guides and workbooks. Further, in order to supplement the students efforts through self-study, the students are encouraged to attend training classes. The training classes constitute an important stage in the learning methodology by enabling the students to gain an in-depth understanding of the subjects. They provide a platform to the students for better understanding of the concepts and also to clarify any doubts in the respective subjects and therefore prepare them well for the examinations. The training classes facilitate in coping with the rigor of the Master Degree Programs. They are beneficial to all the students enrolling into the program; especially for working executives and professionals who may not find sufficient time to prepare and plan for the examinations well in advance. Benefits of attending the training classes Regular attendance of the training classes enable students to: ➢ gain in-depth understanding of the subjects covered. ➢ understand the concepts well. ➢ understand the examination pattern and obtain tips on preparing well for the examinations through discussion of previous question papers. ➢ discuss and clear doubts and queries pertaining to the topics covered in the subjects. ➢ get into a disciplined mode and regular study. Training classes The training classes are need-based and are conducted subject to registration of minimum number of students.
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For more details students are requested to contact the respective branches. 4 times a year The training classes are conducted during weekends/ evenings, four times a year, i.e., from January to March, April to June, July to September and October to December. Duration The classes for each subject are scheduled for 36 sessions of 1 hour 15 minutes each covering a total of 45 hours. Fee Students who plan to attend the training classes are required to pay a fee of Rs. 15,000 for the first three groups (Groups A, B and C) at the time of enrollment into the Master Degree Programs. If the students wish to join the training classes subsequently after their enrollment into the program, they are required to pay Rs.18,000 for Groups A, B and C. Registration for training classes Students are strongly advised to register for training classes, when they enroll for the Master Degree Programs. Alternatively, they may register for training classes as per the dates indicated below: Dates of the Training Classes Last Date for conducted during Registration Jan - Mar, 2009
Dec 24, 2008
Apr - Jun, 2009
Mar 25, 2009
Jul - Sep, 2009
Jun 26, 2009
Oct - Dec, 2009
Sept 25, 2009
Master Degree Programs
Web Services 24x7 The following web services are available to all the students: Pre-enrollment services ➢ Online Order Form for Admission material ➢ Online Counselling (Live Chat facility) ➢ Online Enrollment through Secure Internet Payment Gateway and Net Banking and Downloading the first set of lessons ➢ Updates on events like seminars, conferences, counselling meets, FDPs, etc. ➢ Press Room: Press Releases, Press Clippings
include:online examination registration with downloadable admit card facility; online examination results with marks details; online admit cards; model question papers; suggested answers. ➢ Online payment for de novo registration, Overseas courier charges, Overseas examination fee etc., through secure internet payment gateway. ➢ Online prescribed forms for: change of address/ e-mail; non-receipt of courseware; non-receipt of magazine/journal; academic queries/clarifications; general queries; register mobile nos.; student feedback form; de novo registration. ➢ Help line facility.
➢ E-Newsletter
➢ Electronic student newsletter.
➢ Online Feedback facility. Post-enrollment services ➢ Students Regulations (Flexible Learning Regulations/ Program Regulations). ➢ Registration Facility (activation of student account) to avail a range of services under secure environment with Enrollment Number and Password. The services
➢ Important information on training classes, examination schedule, test centers, revision of curriculum, convocation, etc. ➢ Access to online editions of magazines and journals. ➢ Online academic support and discussion fora: Interact with faculty, industry experts and fellow students.
IUT Arbitration Tribunal As indicated in the ‘Legal Aspects’ on Page No.28, all disputes relating to or arising out of the Enrolment Agreement between the applicant and the ICFAI University, Tripura, shall be settled by reference to arbitration only as per the Arbitration and Conciliation Act of 1996. An Arbitration Tribunal consisting of a single member shall conduct the proceedings of arbitration. The University’s nominee shall be the ‘persona designata’ as an arbitrator. The venue of arbitration shall be Agartala, Tripura, India. The University reserves the authority to prosecute the students for criminal offences including the dishonor of cheques. The University has nominated Dr. A.V. Narasimha Rao, MA, LLM, Ph.D., as the persona designata. Students seeking help from the IUT Arbitration Tribunal may contact by e-mail (by quoting the Name and the Enrollment Number) at: [email protected]
Student Grievances As a student if you have any grievances, please let us know immediately so that we can attend to the same as early as possible: ● Phones (Toll free) : 1800-425-2911, 1800-103-0303 ● E-mail : [email protected] Always quote your Name and the Enrollment Number.
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Master Degree Programs
Master of Retail Management As the socio-economic structure in India has changed
In spite of the problems, high volume malls, shopping
in the last couple of decades, so has the field of retailing.
outlets, supermarkets, and hypermarkets have
Changing lifestyles, paucity of time, and an increase
mushroomed around the country. These new formats
in disposable incomes have resulted in the growth of
require the application of modern management
the retail sector and also created a need for new types
techniques if they are to be run efficiently and effectively.
of retail formats.
Manufacturers and retailers now have to be better at
India was ranked first among 30 emerging markets in
knowing their customers and responding to their needs
A. T. Kearney's Global Retail Development Index for
and wants. Retail success in today's competitive
two consecutive years, 2005 and 2006. The retail market
environment is all about getting the right product to
in India is estimated to have grown at an average rate
the right place at the right time, at the lowest cost
of over ten percent between 2000 and 2005. The country
possible. This requires retail managers to be adept at
had an underserved retail market worth $330 billion
planning, merchandising, pricing, and promotion.
in 2005. It is estimated that retail sales in India will increase to over $500 billion in 2008. However, even as of 2005, the sector was still dominated
The Master of Retail Management Program introduces students to the opportunities and challenges in this dynamic and growing sector.
by unorganized retailers. In 2005, there were 12 million
MRM Program Structure
unorganized retailers who accounted for almost 97 percent of the retailing industry. There is, thus, a huge
A
●
Introduction to Management
●
Managerial Effectiveness
●
Marketing Management
●
Human Resource Management
●
Accounting & Finance
●
Supply Chain Management
●
Retail Management
●
Business Strategy
●
Retail Industry Analysis
●
Leadership & Governance
●
Management of Retail Business - I
●
Management of Retail Business - II
potential for the growth of organized retailing in India. Due to this, India has also become an attractive retail investment destination for many multinational companies.
B
The once unorganized sector is now being transformed into an organized sector as new companies, both Indian
C
and international, enter the arena. These include Indian business groups such as the Tatas, the Reliance Group, the Future Group (formerly known as Pantaloon), and
D
the RPG Group, and international retailing giants such as Wal-Mart and Metro.
E
However, there are also some major challenges that may slow down the growth of organized retailing in India.
F
These include high real estate costs, infrastructure problems, and poor supply chain systems.
10
Master Degree Programs
Master of Telecom Management India's telecom sector has been one of the greatest
has improved drastically, rural and remote areas in the
success stories of recent times. India is now among
country continue to be deprived of telecom connectivity.
the fastest growing telecom markets in the world.
Another challenge for service providers is retaining
Supportive government policies, coupled with private
customers. Also, the ARPU in India dropping to single
participation, have fuelled the unprecedented expansion
digits, compared to around $ 57 in the US, could affect
of this industry.
profitability of Indian service providers.
The Telecom Regulatory Authority of India (TRAI), formed
Managers in the telecom sector will have to handle
in 1997 to regulate both the government and the private
the fast-changing technological and business
players in the telecom sector and the New Telecom
environment. They would have to quickly respond to
Policy introduced in 1999, were turning points in the
policy changes. They would be required to develop
history of telecommunications in India. The opening of
effective customer retention strategies and devise,
the long-distance market in 2002, the termination of
manage and evolve new consumer services so as to
VSNL's monopoly over international traffic in the same year, and the resolution of the wireless in local loop issue contributed in further growth of the market.
attract new customers, increasingly from rural areas, and increase the average revenues per customer. They would have to be adept at planning, pricing, promotion, and financial management.
The huge market potential for telecom products and services in India and the favorable policy initiatives attracted several small and large players such as Nokia, Ericsson, Tata Teleservices, Reliance Communications,
The Master's in Telecom Management introduces students to the opportunities and challenges in this dynamic and growing sector.
Bharti Teleservices, Sify, and Huawei. The healthy competition among mobile service providers has brought down telecom tariffs, which were among the highest
MTM Program Structure A
in the world less than four years ago, to more affordable levels. The falling tariffs have led to the wireless subscriber
B
●
Introduction to Management
●
Managerial Effectiveness
●
Marketing Management
●
Human Resource Management
●
Accounting & Finance
●
Management of Service Operations
●
Services Marketing
●
Business Strategy
●
Telecom Industry Analysis
●
Leadership & Governance
●
Management of Telecom Business - I
●
Management of Telecom Business - II
base growing at a compounded annual growth of 90% over the last three years. In the first nine months of 2006-07, the mobile service providers added 47 million
C
customers. Total phone connections in the country are expected to cross 250 million by next year. Despite the runaway success, the Indian telecom industry
D
faces many challenges. These include technology upgradation, spectrum availability, network management,
E
customer retention, rural connectivity, and falling Average Revenue Per User (ARPU). Spectrum availability and efficiency of utilization of spectrum are issues that would
F
have to be resolved for the unhindered growth of the telecom industry in India. Though urban connectivity
11
Master Degree Programs
Master of Aviation Management The aviation industry in India has been growing
operators entering this market. The government is
exponentially over the past few years with the new
planning to establish an independent regulatory authority,
reforms being introduced by the government. This
to be called Airport Economic Regulatory Authority
industry has seen a major boom in terms of sales turnover
(AERA), to regulate tariffs in heavy-traffic sectors.
of air service operators.
However, there are a few major challenges that may
The Indian civil aviation industry took its first steps in
hinder the growth of the aviation industry. These include
the early 1930s, when the Tatas established Tata Airlines.
high fuel costs, high airport charges, and the high rate
The next two decades saw the entry of several private
of failures in the airline business.
carriers. In 1953, the government chose to nationalize private carriers and set up Indian Airlines to serve the domestic market and Air India to serve the international market. The national carriers enjoyed a monopoly till 1990-91, when the Open Sky policy was implemented.
Managers in this sector would be expected to have a thorough understanding of the cost structure and to devise new ways for revenue generation. They would be required to be adept at forming alliances with tour operators, corporates, and travel agencies.
With the repeal of the Air Corporation Act, several private players such as Jet Air, Sahara Airlines, Modiluft,
The Master of Aviation Management Program prepares
and East West Airlines were allowed to operate
students to efficiently, effectively, and professionally
commercial airlines and a new chapter in the history
manage these airline companies, the number of which
of Indian aviation began.
is ever-increasing.
In 2003, more reforms were introduced in the aviation
MAM Program Structure
sector like an increase in the FDI limit to 49% from 40%, and a reduction of excise duty on aviation turbine
A
fuel to 8% from 16%. The policy reforms and a favorable
●
Introduction to Management
●
Managerial Effectiveness
●
Marketing Management
●
Human Resource Management
●
Accounting & Finance
●
Management of Service Operations
●
Services Marketing
●
Business Strategy
●
Aviation Industry Analysis
●
Leadership & Governance
●
Management of Aviation Business - I
●
Management of Aviation Business - II
business environment attracted several more private players like Air Deccan, Spicejet, Go Airways, Indigo
B
Airlines, etc, who were set-up to operate under a low cost model.
C
The Indian aviation sector is currently pegged at US$7.7 billion and is expected to grow four-fold to
D
US$33.4 billion in the next three years. Currently, there are 0.1 million travelers using the air transport services.
E
It is estimated that 50 million people belonging to the middle income group will use the low cost airlines in
F
the coming years. The aviation industry is all set to conquer greater heights with many new air service 12
Master Degree Programs
Master of Financial Services Management Financial reforms in India started in 1991. The beneficiaries
and healthy competition. With premium collection in
were the capital markets, the banking sector, mutual
India being quite low at 3% of GDP, there is a huge
funds, and insurance sectors. The reforms resulted in
potential for growth. In 2006-07, the life insurance
the more efficient allocation of resources and in fuelling
segment is estimated to have achieved a phenomenal
economic growth. With the growth of the economy, the
growth of 145% in premium collection from its new policies.
financial system became ever more important as a
The non-life segment has experienced a growth of 24%
facilitator of economic growth.
in gross premium.
The capital market reforms have led to growth in
Managers in the financial sector would be required to
investment banking, brokerage, and mutual funds. The
put in place extensive distribution networks without
Sensex has quadrupled over the last decade. The average
losing cost efficiencies, deal with sudden regulatory
daily turnover at the BSE in the last five years has
changes, cope with talent crunch, etc. Such a demanding
trebled to touch Rs.43.8 billion in January 2007. The
environment calls for a new breed of professionals who
market capitalization of the Indian stock market has
are fully equipped to understand customer needs and
reached 91.5% of GDP in January 2007, which is
provide innovative and customized solutions. They would
comparable with the stock markets in the developed
also be required to effectively manage human resources,
world. The number of FIIs has risen to over a thousand.
who are critical for the growth of the industry.
During 2006-07, over Rs.1.6 trillion has been mobilized in the primary market. On an average, six initial public offerings (IPOs) are being introduced every month, each mobilizing an average of Rs.46 billion. This unprecedented
The Master of Financial Services Management Program introduces students to the opportunities and challenges in this dynamic sector.
rise has led to the growth of several domestic investment bankers such as SBI Capital Markets, ICICI Securities,
MFSM Program Structure
and AK Capital and broking houses such as ICICI Securities, Karvy, Motilal Oswal, India Infoline, etc.
A
The mutual funds industry too has seen its assets base grow by four times since 1993 to touch Rs.2.8 trillion
B
in January 2007. The Boston Consulting Group expects
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Introduction to Management
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Managerial Effectiveness
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Marketing Management
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Human Resource Management
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Accounting & Finance
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Management of Service Operations
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Marketing Financial Products
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Business Strategy
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Financial Services Industry Analysis
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Leadership & Governance
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Management of Financial Services Companies-I
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Management of Financial Services Companies-II
the total assets managed by all mutual fund companies including international funds, banks, and pension funds
C
to grow more than seven-fold from the current Rs.7.5 trillion to Rs.57.6 trillion by 2015.
D
The IRDA Act, 1999 and the creation of Insurance Regulatory and Development Authority in 2000 threw open the Indian insurance sector to private players.
E
These policy initiatives resulted in the entry of several private players either alone or in association with foreign insurers such as Reliance, ICICI Prudential, Bajaj Allianz, ING Vysya, Tata AIG, and ICICI Lombard. The entry
F
of these players has resulted in increased penetration 13
Master Degree Programs
Master of Infrastructure Management The importance of infrastructure in the development
The infrastructure industry is as challenging as it is
of the economy needs no underscoring. As the Indian
exciting. Projects with massive outlays face major
economy moves ahead with an above 9% growth rate,
challenges ranging from financial closure to execution
infrastructure investment is gaining a lot of attention.
problems of time and cost overruns. Further, bigger
Further, from the earlier stage of exclusive dependence on the government, the policy framework stipulates that government step up public investment while joining hands with the private sectors for capital-intensive infrastructure projects.
projects like SEZs and international airports face more complications with respect to funding and execution. Business models of infrastructure projects need understanding of the economy and of the inter-linkages with a number of industries.
As per the Indian Economic Survey 2006-07, an investment of Rs.14,500 billion or about US$ 320 billion
Managers in this sector would have to be well-versed
will be required in the infrastructure industry by 2012.
with project planning, project financing, developing loan
The government is expected to focus on modernizing
proposals, loan processing, credit sanctioning, progress
and upgrading the highways, improving the civil aviation
monitoring, cost estimate preparation, and risk
infrastructure in terms of airports and runaways,
management. They would have to keep abreast of
upgrading ports, and building the railway infrastructure.
developments in different aspects of infrastructure and
The Indian real estate industry is also attracting interest.
real estate.
Housing assets continue to be in good demand and IT
The Master of Infrastructure Management Program
and retail are driving the commercial real estate. Many state governments have given an impetus to the real estate industry by repealing the Urban Land Ceiling
introduces students to the opportunities and challenges in this dynamic sector.
Act, amending the Rent Control Act, and rationalizing
MIM Program Structure
the number of taxes. Another factor conducive to the growth of the industry has been availability of banking
A
credit. Apart from old players such as HCC, Gammon, IVRCL,
B
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Introduction to Management
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Managerial Effectiveness
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Marketing Management
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Human Resource Management
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Accounting & Finance
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Project Management - I
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Project Management - II
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Business Strategy
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Infrastructure Industry Analysis
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Leadership & Governance
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Management of Infrastructure Business - I
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Management of Infrastructure Business - II
and Nagarjuna Constructions, a good number of new players from established houses like Reliance and Bharti are jumping into the fray with joint venture partners,
C
to seize upon the opportunity that real estate offers. Real estate players like DLF, Unitech, Raheja, and Hiranandani have massive plans up their sleeves for
D
developing residential and commercial real estate. With the announcement of several mega and ultra-mega
E
power projects, the power sector also seems to be showing signs of revival. If the government goes ahead with much-needed power sector reforms, the sector has the potential to grow at a fast pace and further fuel growth in the economy.
14
F
Master Degree Programs
Master of Hospital Administration While the Indian economy is forging ahead and household
is low when compared with the developed countries.
incomes too are rising, quality healthcare is increasingly
There is also low penetration of health insurance. The
an area of concern for many people. On the one hand,
recent government initiative focuses on improving
there has been a drastic rise in lifestyle diseases in
healthcare access, boosting private sector participation,
cities and, on the other, there has been a rising awareness
and upgrading technology.
about health and health insurance. These have fuelled the growth of the healthcare industry.
The Indian hospital industry has the potential to become a global hub for healthcare services. An increasing
The size of the Indian hospital industry is presently
number of global players are focusing on the Indian
estimated at Rs.2.7 trillion. This industry is growing
market. The industry is expected to grow rapidly over
at an annual rate of 13%. The private sector accounts
the next decade to reach Rs.4.9 trillion by 2012.
for nearly 86% of the healthcare market while the public sector accounts for the rest. With over a 350 million strong middle class demanding quality health care, the Indian hospital industry is poised to grow at an even faster pace. The number of medical tourists visiting India is also increasing every year. Corporate hospitals, which came into existence with Apollo Hospitals in the 1980s, are now being set up in almost every Indian city. Corporate groups such as Max, Escorts, and Wockhardt have aggressive expansion plans. Furthermore, corporates such as the Tata Group,
Managers in the Hospital and Healthcare industry would have to be well-versed in developing the appropriate pricing, branding, and promotional strategies. They would be required to understand the service delivery process and suggest improvements. They would have to have a thorough knowledge of all costs and work towards improving profitability. A Masters in Hospital Administration gives students an exposure to this vibrant and growing sector and introduces them to its opportunities and challenges.
Larsen & Toubro, and Reliance have established hospitals
MHA Program Structure
for their employees. With the entry of corporate players into the Indian hospital industry, there has been an
A
improvement in the infrastructure and the quality of services. Increasing lifestyle diseases and the rising
B
demand for quality healthcare services have led to the emergence of specialty clinics.
C
There is, however, still a gap between demand for and supply of hospital services in India, particularly in the
D
rural areas. The figure for beds per thousand people in India is just one third of the comparable figure in
E
China and half that of Malaysia. According to a WHO report, India needs to add 80,000 hospital beds each year for the next five years to meet the demands of
F
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Introduction to Management
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Managerial Effectiveness
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Marketing Management
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Human Resource Management
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Accounting & Finance
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Management of Service Operations
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Services Marketing
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Business Strategy
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Hospital Industry Analysis
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Leadership & Governance
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Management of Hospitals - I
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Management of Hospitals - II
its growing population. Public health expenditure in India 15
Master Degree Programs
Master of Media Business Management With the growing income levels in India, the media and
at reducing costs. With its vast English-speaking
entertainment (M&E) industry is poised to grow at a
population and IT skills India makes a preferred choice
brisk pace. Apart from economic and demographic factors,
compared to other competitors in Asia. The use of higher
favorable regulatory changes have led to increasing
technology will bring convergence and propel India toward
foreign direct investment (FDI) in the industry.
becoming an entertainment hub.
According to the FICCI, India's entertainment industry
Needless to say, media companies need to understand
was worth around US$ 3 billion and is growing at 19%
their customers better, plan better, ensure better market
annually. Television, the largest component of the M&E
segmentation, and develop and implement innovative
industry, constitutes 42% of the market, followed by
product, pricing, and promotional strategies.
the print media and films. Live entertainment, music, and radio are the other constituents of this industry. Radio is growing the fastest at 31% followed by television
The Master in Media Business Management Program introduces students to the opportunities and challenges in this growing sector.
at 24%.
MMBM Program Structure
Ad spend in India, at 0.34% of GDP, however, is one of the lowest in the world and just about a third of
A
the global average. Further, though India may be producing about 1,000 movies a year, the revenue from
B
them is only Rs. 14.14 billion. Television ownership and
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Introduction to Management
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Managerial Effectiveness
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Marketing Management
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Human Resource Management
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Accounting & Finance
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Management of Service Operations
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Project Management
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Business Strategy
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Media Industry Analysis
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Leadership & Governance
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Management of Media Business - I
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Management of Media Business - II
cable connection figures are still relatively low. These indicate that the industry, given the right environment,
C
has the potential to grow at a high rate. Estimates suggest that the industry would be able to grow to
D
Rs 800 billion in 2010. The share of television is expected to grow to 51% at the cost of the print media, whereas
E
the share of films is expected to remain constant. According to NASSCOM, the Indian animation industry segment is expected to touch US $15 billion by 2008.
F
To India's advantage, studios in the West are looking
16
Master Degree Programs
Master of Agri-Business Management India has 297 million hectares of land, of which over
has taken some policy initiatives to encourage agri-
54% is arable. India is the third largest producer of
businesses and the food processing sector.
agri-products and processed food, just behind the US
The policy initiatives as well as strong demand side
and China.
factors such as increasing urbanization, rising incomes,
The Indian processed food industry is estimated to be
increasing number of double-income-nuclear families,
Rs.6 trillion and is growing at a rate of 10%. Export
increasing health awareness among consumers, increasing
of processed food has been around Rs.370 billion and
demand for healthy and nutritious foods, etc. have
is growing at 8%. The Indian food processing industry
attracted several companies such as ITC, Dabur, and
is becoming an attractive FDI destination; it attracted
HLL to the industry. Undoubtedly, the industry is getting
an FDI around Rs.45.19 billion during the period
more organized.
1991-2005.
Managers in this sector would have to have a keen
Higher disposable incomes have led to an increase in
knowledge of the customer and provide solutions that
consumption of processed foods across all categories.
meet their tastes and requirements. They would also
For example, the consumption of products like nuts, frozen foods, and pasta have witnessed an average
have to be skilled at planning product launches, pricing, branding, promotion, etc.
annual growth of over 10% during the last 5 years.
A Master's in Agri-Business Management would give
The ready-to-eat segment is experiencing an explosive
students an exposure to this dynamic and growing sector
growth of above 50%, with this trend expected to
and introduce them to the opportunities and challenges
continue in the future.
contained in it.
Though, as of 2007, the industry is dominated by unorganized small players who constitute 75% of the
MABM Program Structure A
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Introduction to Management
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Managerial Effectiveness
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Marketing Management
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Human Resource Management
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Accounting & Finance
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Operations Management
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Project Management
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Business Strategy
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Agri-Business Industry Analysis
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Leadership & Governance
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Management of Agri-Business Companies - I
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Management of Agri-Business Companies - II
industry, several companies, both domestic and foreign, are expected to enter in the near future. However, the rate and degree of corporatization varies across the
B
segments. For example, while the beverages and confectionery segments are dominated by the organized
C
sector, segments like fruits & vegetable processing, dairy, and poultry are largely served by small, unorganized processors.
D
India's share of processed food in the global market is very low at about 2%. While India continues to surge
E
ahead with a GDP rate of 9.2% during 2006-07, the only sector that has not kept pace is agriculture, which grew at 2.7%. Since, in India, more than half of the
F
population is dependent on agriculture, the government
17
Master Degree Programs
Master of Hotel Management As the Indian economy continues to move rapidly ahead,
plans up their sleeves. MNC players like Hilton, Accor,
it is also becoming more integrated with the global
and Dubai-based Kingdom Hotels are also entering into
economy. The initiatives taken by the government to
India in a big way. The government has approved about
improve infrastructural and transportation facilities and
300 hotel projects. Many of these are likely to be
the easing of foreign investment have increased the
completed in the next three years and are expected
demand for hotels across star categories in many Indian cities. India, with its unique combination of snowy mountains, landscapes, historical sites, golden beaches, colorful people, rich culture, and festivals, was able to attract 4.42 million international tourists in 2006. The recent
to increase capacity by about 75,000 rooms. There have been challenges in terms of infrastructure, rising real estate costs, and above all, an acute shortage of professionally trained managers to address industry needs in planning, branding, pricing, promotion, and event management. Also, steps would have to be taken to develop cultural and heritage tourism, rural tourism,
promotional efforts of the Indian government have also
adventure tourism, and health and healing tourism, all
contributed to this increase. Domestic travel has also
of which show tremendous potential for growth over
been growing at a brisk rate of 14%, touching the 500
the next decade and beyond.
million mark in 2006. Meetings, Incentives, Conventions
The Master's in Hotel Management introduces students
and Exhibitions (MICE) is the fastest growing segment
to the opportunities and challenges in this burgeoning
which rapidly boosts the growth of hotel management.
sector.
Budget hotels are another emerging segment that is growing very fast.
MHM Program Structure
However, considering India's size and diversity, the number of tourist arrivals is paltry. According to Madrid-
A
based World Tourism Organization, a total of 842 million international tourist arrivals world over were recorded
B
during 2006. India's share has been a miniscule 0.52%
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Introduction to Management
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Managerial Effectiveness
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Marketing Management
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Human Resource Management
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Accounting & Finance
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Management of Service Operations
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Services Marketing
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Business Strategy
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Hotel Industry Analysis
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Leadership & Governance
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Management of Hotels - I
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Management of Hotels - II
of the global pie. Despite the low share, India faces an acute shortage of around 110,000 rooms. Due to
C
the massive gap between demand and supply, hotels have increased their average room rates by almost
D
18-22% annually. The high rents are also responsible for many tourists not wanting to visit India. Therefore, the supply shortage would have to be addressed
E
immediately if India wants to attract more tourists. Quite expectedly, almost all the top Indian hotel chains like the Indian Hotel Company, East India Hotels, Leela Palace
F
Kempinski, and the ITC Welcomgroup have aggressive
18
Master Degree Programs
Master of Logistics Management The supply chain and logistics industry, which broadly
Indian industry has failed to match the world's best
covers freight transportation, warehousing, packaging,
markets in efficiency. However, Indian industry is
customs clearing and forwarding, inventory management,
increasingly adopting more sophisticated logistics and
labeling, and order processing, has benefited from the
supply chain management practices to gain a competitive
growth of the Indian economy in general and the
edge. Technology deployment such as Radio Frequency
manufacturing and services sector in particular.
Identification is also redefining the industry and improving
The major industries contributing to the logistics market
efficiencies.
include pharmaceuticals and chemicals, automotive,
Managers in the logistics industry would need to have
computer peripherals, FMCG, engineering products,
a thorough understanding of the market in order to
machinery, retail, and healthcare. These industries are
compete and sustain high growth. They need to
also opting to outsource their logistics requirements
understand their customers better, plan better to meet
to specialized service providers, called Third Party
delivery deadlines in spite of exigencies, and be more
Logistics (3PL) service providers. Of late, the concept
efficient in utilizing their assets. The players would also
of Fourth Party Logistics (4PL) service providers, acting
have to upgrade their knowledge and understanding
as a single interface between the client and multiple
of international distribution.
logistics service providers, has also started gaining popularity. According to estimates, the Indian logistic market was
The Master in Logistics Management Program introduces students to the opportunities and challenges in this dynamic and growing industry.
worth Rs.5.3 trillion in 2006-07 and was expected to grow at an average annual growth rate of 6.4%. With
MLM Program Structure
the government giving a thrust to infrastructure by way of national highway projects, expressways, urban renewal
A
plans, and investment in railways and port facilities, the implementation of VAT and rationalization of the
B
taxation structure, the logistics industry is poised to
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Introduction to Management
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Managerial Effectiveness
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Marketing Management
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Human Resource Management
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Accounting & Finance
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Supply Chain Management
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Project Management
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Business Strategy
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Logistics Industry Analysis
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Leadership & Governance
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Management of Logistics Business - I
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Management of Logistics Business - II
grow at even faster rates. Logistics companies are expected to develop large regional warehouses. All major
C
players such as the Container Corporation of India, the Transport Corporation of India, Blue Dart Express,
D
Gati, the Shipping Corporation of India, and GE Shipping have aggressive plans to seize the emerging
E
opportunities. The Indian logistics market is highly fragmented. Although
F
worldwide, better supply chain management has reduced logistics costs by nearly 1%, in the last ten years, the
19
Master Degree Programs
Master of Automotive Business Management The liberalization of the Indian automotive industry in
that the industry will continue to grow at a brisk pace
1991 laid the ground for the development of this industry.
for many more years. However, for this growth potential
With the de-licensing of the automotive sector and the
to be realized, the government would have to create
subsequent opening up of 100% FDI through the
a
automatic route, the Indian automotive industry attracted
competitiveness of the Indian auto industry. The
interest from both private as well as foreign players.
government is giving tax subsidies with the intention
On the one hand, rising purchasing power has been
to develop India into a global hub for compact cars.
fuelling domestic demand and on the other, market-
In addition, it has come out with an Automotive Mission
linked exchange rate and availability of trained technical
Plan 2006-2016.
manpower at competitive cost have made auto
Managers in the automotive sector would be required
manufacturing in India more attractive. The near
to have specialized knowledge of the sector in addition
stagnation of the auto industry in USA, the EU, and
to a good understanding of all functional areas. With
Japan has also worked as a push factor for shifting
several more brands and companies expected to enter
of new capacities and capital into India.
India in the near future, managers would have to keep
On an average, the Indian automotive industry has grown
track of competition and develop comprehensive
at a spectacular rate of 17% in the last few years. The
marketing programs including merchandising, branding,
industry has attracted an investment of around Rs.500
and promotion. They would also have to devise strategies
billion and a further Rs.350 billion worth of investments
to enter new segments of the market.
are in the pipeline. The industry has now attained a
A Master's in Automotive Business Management would
turnover of Rs.1,650 billion (US$ 34 billion) and provides
equip students to face the opportunities and challenges
direct and indirect employment to 13.1 million people.
in this dynamic sector.
conducive
environment
and
help
improve
Exports in the automotive sector have grown at an
MAuBM Program Structure
average CAGR of 30% per year in the last five years. The growing demand for automobiles and business-
A
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Introduction to Management
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Managerial Effectiveness
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Marketing Management
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Human Resource Management
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Accounting & Finance
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Operations Management
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Project Management
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Business Strategy
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Automobile Industry Analysis
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Leadership & Governance
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Management of Automobile Business - I
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Management of Automobile Business - II
friendly policies of the government has helped in attracting several large MNCs such as GM, Ford, Toyota, Honda, Hyundai, etc to the Indian market. Almost all of these
B
players have established greenfield units in India. With the establishment of automobile factories, a large number
C
of Indian as well foreign automotive component companies, such as Bharat Forge, Sona Koya, Schumak Equipment, etc. have also set up ancillary units, with many even
D
exporting their products to faraway countries. However, the Indian Automotive Industry's contribution
E
globally is very low at 2.37% of world production. Similarly, Indian auto exports constitute only about 0.3% of global trade. Nevertheless, future growth estimates indicate that India will become the world's third largest automobile
F
market by 2030, behind China and the US. This suggests
20
Master Degree Programs
Master of Pharma Business Management With the advent of the new Intellectual Property Rights
dominated by bulk drugs, would continue to grow at
(IPR) regime in 2005, the Indian pharmaceuticals industry
17-18%.
has entered a new era. In the recent past, the Indian pharmaceutical industry has shown tremendous progress in terms of infrastructure development, creation of technology base, and diversification of product range, and now has the capability to manufacture bulk drugs belonging to all major therapeutic groups.
Managers in this sector would have to be knowledgeable of Intellectual Property Rights. Apart from having a thorough understanding of different functional areas, they would have to be aware of global best practices and implement them in their organizations. With a growing OTC market, they would have to be familiar
Currently, the Indian pharmaceutical market size is
with branding and brand development. They also would
estimated to be over Rs. 475 billion, and the industry
have to develop strategies concerning pricing, market
is growing at an average annual growth rate of 13.7%.
segmentation, new product development, and
Indian pharmaceutical exports is expected to cross Rs.270
distribution.
billion in the coming years. According to a recent McKinsey report, the Indian pharmaceuticals industry has the potential to double in size in near future.
The Master's in Pharma Business Management introduces students to the opportunities and challenges in this dynamic sector.
However, the industry is highly fragmented, with more
MPBM Program Structure
than 24,000 manufacturing units. It also has a number of pharmaceutical manufacturing units under the control
A
of the central and state governments. In the private sector, Ranbaxy, Cipla, and Dr. Reddy's Laboratories
B
are the major players. MNCs have maintained a low-
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Introduction to Management
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Managerial Effectiveness
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Marketing Management
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Human Resource Management
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Accounting & Finance
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Operations Management
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Sales and Distribution Management
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Business Strategy
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Pharma Industry Analysis
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Leadership & Governance
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Management of Pharma Business - I
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Management of Pharma Business - II
key presence in the Indian market due to the absence of product patents and price controls.
C
The pharmaceutical industry in India has the potential to achieve even higher growth levels. However, this
D
is possible only if key enabling factors such as a world-class patent regime and an environment that fosters
E
innovation and entrepreneurship are put in place. With over US$ 50 billion worth of drugs going off patent in the next four years, there is a huge global opportunity for India. Contract manufacturing is expected to touch
F
Rs.40 billion, whereas exports of pharmaceuticals,
21
Master Degree Programs
Admission Policies and Guidelines to Complete the Application Form Admission
Proof of address
The goal of the Admissions Board is to select students whose academic background, work experience, leadership abilities and communication skills meet the demands of the Program. The Admissions Board evaluates applicants' potential as future leaders and their projected
All students are required to produce the photocopies of any one of the following documents as address proof at the time of enrollment: Latest telephone (BSNL/MTNL) bill, latest electricity bill, latest property
ability to succeed in and profit from the program.
tax bill, voter ID card, ration card, passport, driving licence, ID card issued by any authorized body with seal.
Enrollment
Remittance
Applications received from the students are checked
The applicants are required to pay the fee as indicated in the Fee Schedule on Page No.24. The remittance
for the basic eligibility criteria and the eligible students are enrolled into the program under the flexible mode. Students who have secured 45 per cent and above in their graduation are required to submit the photocopies of marksheets for all 3 (or 4) years in support of the eligibility along with the Application Form for Enrollment.
can be done by way of Demand Draft or Credit Card. Demand Draft should be in favor of "IUCF A/c FLP" payable at Hyderabad. For Instalment facility/EMI facility please refer to Fee Schedule (Page No.24). No refund
No enrollment of foreign citizens The admission into the flexible learning program is not open to foreign citizens due to visa restrictions. They may write to the Registrar for guidance on this matter.
The amount once paid is not refundable under any circumstances, except in the case of rejected applications. Right to amend rules The University reserves the right to amend the rules
Rejected applications If the applicants do not satisfy the eligibility criteria, the applications are returned to them along with all enclosures and the payment paid after deducting Rs.500. Such students are, however, permitted to apply again after they satisfy the eligibility criteria. The students whose applications have been rejected may appeal to the Admissions Board, if they wish to have a review of their applications.
and regulations wherever considered necessary and appropriate. Such amendments will be intimated to the students. Therefore, this publication and the descriptions contained herein are not to be construed as a contract binding the University to any specific policies. Possible changes include, but are not limited to curriculum and course content, passing requirements, eligibility criteria for examinations, fee schedule, refund policy, examination pattern, certification and designation, and such other matters as may be considered relevant.
22
Master Degree Programs
Guidelines The students are advised to read the following guidelines carefully before completing the Application Form for Enrollment and Fee Remittance Form. a. The Application Forms should be filled in Capital Letters. b. Please respond to all the information sought. c. Additional sheets may be used, if necessary. d. Ensure that the Application Forms are signed. Photocopies of certificates a. Photocopies of certificates regarding date of birth and educational qualifications shall be enclosed with the Application Form for Enrollment. b. Original Certificates should not be sent.
voter ID card, ration card, passport, driving licence, ID card issued by any authorized body with seal. f. Those students availing the Instalment facility/EMI facility are requested to enclose the postdated cheques for the required amount along with the Fee Remittance Form. The completed Application Forms along with the required enclosures can be submitted or sent by speedpost/courier to: The Admissions Officer, The ICFAI University, University Campus, Agartala - Simna Road, P.O. Kamalghat Sadar - 799210, Tripura (West). Students are advised to take note of the validity date specified on the Application Form for Enrollment and ensure that their Forms reach the Admissions Officer on or before the validity date.
Enclosures Please ensure that your Application contains the following enclosures. a. Application Form for Enrollment into the program (with recent color photograph affixed). b. Copies of Certificates of Date of Birth and Educational Qualifications/Mark Sheets. c. Fee Remittance Form. d. Demand Draft/Credit Card Merchant Slip (wherever applicable) towards the payment. e. Students have to produce photocopies of any one of the following documents as address proof at the time of enrollment: Latest telephone (BSNL/MTNL) bill, latest electricity bill, latest property tax bill,
23
Online Enrollment through Secure Internet Payment Gateway Students can enroll into the program by logging on to www.iutripura.edu.in for filing the application form online and making the payment through Internet. Students can make the payment through the Credit Card issued by Citibank, ICICI Bank, HDFC Bank or the VISA/MasterCard issued by any bank, through Secure Internet Payment Gateway. Net Banking facility is also available for net banking account holders of AXIS Bank and ICICI Bank. Students may please note that payments relating to examinations will be accepted only through Secure Internet Payment Gateway.
Master Degree Programs
Fee Schedule (With effect from April 1, 2008 and valid for the Academic year 2008-09 only) The Master Degree Programs (Categories for fee purpose only)
Category I
●
Category II
● Master of Telecom Management ● Master of Aviation Management ● Master of Financial Services Management ● Master of Infrastructure Management ● Master of Media Business Management ● Master of Agri-Business Management ● Master of Hotel Management ● Master of Logistics Management ● Master of Automotive Business Management ● Master of Pharma Business Management
Master of Retail Management
●
Master of Hospital Administration
Category - I Particulars
With Without Training Training Classes (Rs.) Classes (Rs.)
Admission Fee Program Fee Training Classes Total Option I Lumpsum Payment Option II Instalment Facility Initial payment: At the time of Application (by Demand Draft/Credit Card) On the 30th day after Application (by Postdated Cheque) Option III EMI Facility Initial Payment (by Demand Draft/Credit Card) Balance amount to be paid through 5 Equated Monthly Instalments [EMIs] (including bank charges) by Postdated Cheques
Category - II With Without Training Training Classes (Rs.) Classes (Rs.)
3,000 25,000 15,000 43,000 43,000
3,000 25,000 — 28,000 28,000
3,000 20,000 15,000 38,000 38,000
3,000 20,000 — 23,000 23,000
15,000
15,000
15,000
15,000
28,000
13,000
23,000
8,000
15,000
15,000
15,000
15,000
5,880
2,730
4,830
1,680
Remittance Information 1. a. Currently, the Admission Fee is Rs. 3,000. Students
c. The employees of the University are not authorized to
are required to pay the fee as indicated in the Table
accept cash payments from the students under any
above, either in Lumpsum, or through the Instalment
circumstances and also are not authorized to swipe their
facility or EMI facility.
personal credit cards to pay on behalf of the students.
24
b. The fee can be paid by way of Demand Draft or Credit
Students should not share their credit card information
Card (VISA or MasterCard only). The Demand Draft
with the employees of the University and should not
should be A/c payee crossed in favor of "IUCF A/c FLP"
make any payments by cash. Any students deviating
payable at Hyderabad. Students can make the payment
from the above will be doing so at their own risk and
through Credit Card at the respective branches. They
responsibility.
should get their Credit Cards swiped for the required
2. Instalment facility/EMI facility for payment of fee:
amount, sign and attach the merchant copy of the slip
a. Instalment facility/EMI facility is offered to all the
along with the Fee Remittance Form and keep the
students for payment of fee. Under both the facilities,
customer copy with themselves (as acknowledgement).
the initial payment should be made by way of
Master Degree Programs
Demand Draft/Credit Card and the balance amount
banks located in the cities specified below:
The postdated cheques should be in favor of
Agartala, Agra, Ahmedabad,Ahmednagar, Aizawl, Ajmer,
“IUCF A/c FLP”. The students can choose either
Alapuzzha, Aligarh, Allahabad, Almora, Alwar, Ambala,
Instalment facility or EMI facility as indicated (in the Table) accordingly. b. Instalment facility: The initial payment (i.e. first instalment) is payable at the time of application by Demand Draft/Credit Card. The second instalment is payable on the 30th day after application by way of postdated cheque. For example if a student enrolls on April 15, the second instalment (amount payable in rupees) will be due on the 30th day, namely May 15. The
Amrawati, Amritsar, Anantapur, Angul, Aurangabad , Balasore, Bareilly, Belgaum, Bellar y, Bengaluru, Berhampur, Bhagalpur, Bhatinda, Bhilai, Bhilwara, Bhimavaram, Bhopal, Bhubaneswar, Bidar, Bijapur, Bikaner, Bilaspur, Calicut, Chandigarh, Chandrapur, Chennai, Chittoor, Chittorgarh, Coimbatore, Cuttack , Davangere, Dehradun, Dhanbad, Dharamshala, Dibrugarh, Durgapur, Eluru, Ernakulam, Erode, Faizabad,
students should enclose the Demand Draft/Credit Card
Faridabad, Gandhidham, Gandhi Nagar, Gangtok,
slip towards the first instalment and postdated cheque
Ghaziabad, Goa, Gorakhpur, Gulbarga, Guntur, Gurgaon,
(A/c payee crossed) towards the second instalment
Guwahati, Gwalior, Haldwani, Haridwar, Hassan, Hubli,
along with the Fee Remittance Form.
Hissar, Hyderabad, Indore, Jabalpur, Jaipur, Jalandhar,
EMI facility: The initial payment is payable at the time
Jalgaon, Jammu, Jamnagar, Jamshedpur, Jhansi, Jodhpur,
of application by Demand Draft/Credit Card. The EMIs
Kadapa, Kakinada, Kannur, Kanpur, Karimnagar, Karnal,
are payable on the first of every month, subsequent to
Karur, Kasargode, Khammam, Kharagpur, Kochi,
enrollment. For example, if a student enrolls on
Kolhapur, Kolkata, Kollam, Kota, Kottayam, Kurnool, Latur,
April 15, his/her first EMI (amount payable in rupees)
Lucknow, Ludhiana, Madurai, Mahabubnagar,
will be due on May 1. The EMIs should be paid through
Mangalore, Mathura, Meerut, Mohali, Moradabad,
postdated cheques. The students should enclose the
Mumbai, Muzaffarpur, Mysore, Nagpur, Nanded, Nasik,
postdated cheques (A/c payee crossed) along with the
Nellore, New Delhi, Nizamabad, Noida, Ongole, Palakkad,
Fee Remittance Form and the Demand Draft/Credit Card slip for initial payment. c. Students availing the Instalment facility/EMI facility are required to complete the Fee Remittance Form and enclose the Demand Draft and postdated cheques for the required amount.
Panchkula, Pathanamthitta, Pathankot, Patiala, Patna, Pondicherr y, Pune, Rae Bareli, Raichur, Raipur, Rajahmundry, Rajapalayam, Rajkot, Ranchi, Ratnagiri, Rohtak, Roorkee, Rourkela, Rudrapur, Sagar, Salem, Sambalpur, Sangli, Satara, Satna, Shillong, Shimoga, Shimla, Silchar, Siliguri, Solapur, Srinagar, Sri Ganga
d. Students should note that only those Application Forms
Nagar, Srikakulam, Surat, Tanuku, Tanjavur, Thrissur,
accompanied with the demand draft or credit card
Tiruchirapalli, Tirunelvelli, Tirupathi, Trivandrum, Tumkur,
payment slip towards initial payment, and postdated
Tuticorin, Udaipur, Udipi, Ujjain, Vadodara, Vallab
cheques towards the Instalment facility/EMI facility, will be considered as valid. e. Students depositing the postdated cheques should ensure that the postdated cheques should not be dishonored under any circumstances as and when they are due for payment. In the event of dishonor of any cheques, the students and the signatories of such
25
f. The PDCs should be drawn on scheduled commercial
should be paid through postdated cheques.
Vidyanagar,
Varanasi,
Vellore,
Vijayawada,
Visakhapatnam, Vizianagaram, Warangal, Yamuna Nagar. If the students send any cheques drawn on banks located in cities other than the specified cities, such cheques will not be accepted. Only MICR and multi-city cheques will be accepted.
cheques will be liable for prosecution under Section 138
g. The University reserves the right to withdraw the
of the Negotiable Instruments Act, 1881 and such other
Instalment facility/EMI facility for payment of fee at any
legal actions as may be taken by the University.
time.
Master Degree Programs
3. The examination fee is to be paid separately as and when
8. All students registering in the Program are required to pay
the student is eligible and register for the examinations.
the stipulated payment as per schedule. Wherever students
The fee is Rs.1,000 per group.
have arrears of payment, they will not be permitted to write
4. The Master Degree Programs students are entitled to receive Effective Executive magazine for a period of 12 months, from the date of enrollment. In addition, all students at Group F will also receive Case Folio journal for a period of 9 months. 5. The payment towards training classes for Groups A,B and C is Rs.15,000, if paid at the time of enrollment. These classes are conducted four times a year and they are need-based. If the students wish to join the training classes subsequently after their enrollment into the program, they are required to pay Rs.18,000 for Groups A,B and C. 6. Training Classes will be held solely at the discretion of the
released and their mark sheets, pass certificates will not be issued; further such students will be considered as inactive on the rolls of the University and their names are liable to be removed from the records. 9. The fee is subject to change from time to time. Students will be informed of the payment revisions through e-mails, electronic newsletters, students regulations, etc. The students are required to pay as may be prevalent in the relevant academic year. The fee indicated in this document is valid for 2008-09 academic year only. 10. Overseas Students:
University, subject to a minimum number of students
a) Students who wish to receive the courseware at their
registering for the same. In case it is decided not to hold
overseas address are required to remit US$75 per group
such classes, the fee paid by the students towards such
towards overseas courier charges.
classes will be refunded. The students will have no claim for refund of any other fee. 7. In the unfortunate event of death of a specified parent/ guardian/spouse who is funding the education of the
26
the examinations or their examination result will not be
b) Students who wish to receive Effective Executive magazine, Case Folio journal and other mailers at their overseas address are required to remit overseas mailing charges of US$200 per annum towards the same.
student, the balance of basic fee payable by the student
c) Students who wish to appear for examinations at any
will be waived by the University. Hence, such unfortunate
overseas test centers are required to contact the Indian
students need not discontinue their studies. In the
Embassy/High Commission/Consulate Officials and
unfortunate event of death of a student during the two year
obtain their consent to supervise the examination and
period from the date of enrollment, the basic fee paid by
mail the same to the Controller of Examinations before
the student will be refunded to the specified parent/
submitting the Examination Registration Form. The
guardian/spouse. Further details will be provided in the
University will not take any responsibility for obtaining
Student Regulations book.
the consent from the above mentioned Officials.
Master Degree Programs
----------------------------------------------------------------------------------------------------------- CUT HERE ------------------------------------------------------------------------------------------------------------------------------------------
Application No.
Application valid up to
88MDP -
The Institute of Chartered Financial Analysts of India University, Tripura University Campus, Agartala-Simna Road, P.O. Kamalghat Sadar - 799210, Tripura (West).
The Master Degree Programs 360 0 Flexi-mode
Application Form for Enrollment
WE
(Read carefully all the pages of this Document including Admission Policies, Guidelines, Remittance Information and Legal aspects before filling this Application Form) Foreign citizens should not apply using this Form. They may write to the Registrar for guidance.
1. PROGRAM APPLIED FOR ( Please specify) : 2. PERSONAL DETAILS Name : Mr/Ms (USE CAPITALS)
(As it appears in Official Records, Underline Surname)
Parent’s/Guardian’s Name : Mr/Ms _____________________________________________________________________________ Address# __________________________________________________________________________________________________ (USE CAPITALS)
Nearest Land Mark __________________________________________________________________________________________ ___________________________________________________________________________________________________________ (City)
(State)
(Pin)
Paste a recent color photograph of size 3.5 x 4.5 cms. Photograph must not be larger than this box. Do not sign the Photograph and do not staple
Tel.(Off.) ___________________________________________ (Res.)____________________________________________________ (City Code) – (Area Code) - Number
(City Code) – (Area Code) - Number
Fax:______________________________________________ Mobile : ___________________________________________________ (City Code) – (Area Code) – Number
E-mail*:______________________________________________________________
Place of Issue : _____________________
Indian Passport No. #
3.
Date of Birth
Proof of Address is required.
1 9 Date
Month
Citizenship:
Indian
Year
Foreign
* All applicants are mandatorily required to give e-mail address and mobile number for speedy communication.
ACADEMIC RECORD Examination Level
Qualification
Board/University/Institute
Medium of Instruction
Marks (%) /Grade
Year of Passing
XII Class Bachelor’s Degree Others 4.
OCCUPATION
(Please tick ( ✓ )
Full-time Student
Full-time Employee
If employed: Organization _____________________________________ Designation ________________ Industry __________________________ 5.
DECLARATION: I wish to apply for the Master Degree Programs on a flexible mode. I have carefully read the academic and administrative rules and regulations of the Institute of Chartered Financial Analysts of India University, Tripura as given in this Document and Application Material and agree to abide by the same. I understand that these rules are only indicative and may be modified/changed/revised and the complete list of rules and regulations as updated from time to time will be given to me on my enrollment in the form of Students Regulations. I understand that in case I withdraw from the program I will not be entitled to claim any refund of amount paid. I agree that I will settle the amount with the ICFAI University whether or not I continue in the Program. I understand that the Jurisdiction for all disputes (if any) relating to the University is only/exclusively Agartala, Tripura. I hereby declare that the information provided by me in the Application is true and correct to the best of my knowledge. My signature below certifies that I have read, understood and agree to the rules and regulations, including “Legal Aspects”, and my financial responsibilities.
Place:
Date :
Signature of the Applicant
Applicants are advised to retain a photocopy of the completed Application Form for Enrollment for their records. The relevant enclosures and forms should be enclosed along with the required payments.
27
Legal Aspects The Institute of Chartered Financial Analysts of India University, Tripura (referred to hereafter as the University) was established in 2004 through an Act of State Legislature (Tripura Act 8 of 2004). The University has been approved by the University Grants Commission, under Section 2(f) of the UGC Act, 1956. The Distance Education Council (DEC) has approved the programs of the ICFAI University, Tripura. The students are enrolled on a flexible mode. The University reserves the right to change the body of knowledge, prescribed books, the curriculum, examination pattern, evaluation system, rules and regulations. The students are governed by the latest regulations applicable to them during the relevant academic year. This document is designed to provide the prospective students with information only. The University assumes no liability of any kind to any person for providing this information, whether or not such persons rely on it and even if they inform the University of their reliance on it. This document may contain forward-looking statements like, but not limited to, general market, macro-economic, governmental and regulatory trends, technological developments, legislative developments, court decisions, scope for further studies, career opportunities for graduates from the University. Such forward-looking statements contained herein are subject to certain risks and uncertainties that could cause actual results to differ materially from those reflected in the forward-looking statements. The University undertakes no duty to update any forward-looking statements, to reflect future events or circumstances. Enrollment Agreement: The "Application for Enrollment" is the Enrollment Agreement (hereinafter referred to as the Agreement) between the applicant who wishes to enroll on a flexible mode and the Institute of Chartered Financial Analysts of India University, Tripura (hereinafter referred to as the University). Entire Agreement: This Agreement constitutes and expresses the entire agreement and understanding between the University and the students of the University in reference to all matters herein referred to, all previous discussions, promises, representations and understandings relative thereto, if any, had between the parties hereto, being herein merged. Interpretation: The masculine, feminine or neuter gender and the singular or plural number shall be deemed to include the other gender or numbers where the context so indicates or requires. Unless otherwise expressly provided, references to days, months or years are to calendar days, months or years. Person or persons include individuals, partnerships, corporations, government agencies or other entities. Section headings are included for convenience only and are not to be used to construe or interpret this Agreement. Conclusion of the Agreement: The Agreement is irrevocably concluded after the applicant signs the application form and submits it along with the required amount, physically, electronically or otherwise. No Third Party Beneficiaries: Enrollment of any student into the Master Degree Programs, shall not entitle any person (including, without limitation, members) to any rights as third party beneficiary. Balance of Dues: The liability of the student to pay the balance of dues continues until the last instalment is cleared even if the student, for any reason, withdraws from/discontinues the pursuit of the program. Wherever students have arrears of payment, they will not be permitted to write the examinations or their examination result will not be released and their mark sheets, pass certificates may not be issued; further such students will be considered as inactive on the rolls and their names are liable to be removed from the records. No Obligation to Services, etc.: The University has no obligation to render any services to the student members beyond the period of validity of enrollment. To clarify further, no obligation of the University shall survive beyond the period of validity of enrollment. Limitation of Liability: The liability of the University towards the students is limited only to the extent of the fee paid by them. To clarify further, the University shall not be liable to the students for punitive, exemplary, special, indirect, or consequential damages, including without limitation, lost profits. Assignment: The students cannot assign this Agreement nor any part thereof the University may, without necessity of the students' consent, assign its rights and obligations under this Agreement to a successor organization. Force Majeure: The University shall not be liable for delay or failure in performance of any of its obligations under the Agreement when such delay or failure arises from events or circumstances beyond the reasonable control of the University (including without limitation, acts of God, fire, flood, war, explosion, sabotage, terrorism, embargo, civil commotion, acts or omissions of any government entity, supplier delays, decisions of the University, decisions of the courts and governments, communications or power failure, equipment or software malfunction, or labor disputes). Indemnity: A student agrees to indemnify, defend and hold the University harmless from and against any and all loss, damage, liability and expense (including reasonable attorney’s fees and costs) arising out of any third party claim, action or proceeding based directly or indirectly on the acts of omission or commission by the member or his/her agents, the breach or alleged breach or failure to comply with any applicable laws or regulations, concerning the practice of respective professions. Arbitration: All disputes relating to or arising out of this Enrollment Agreement shall be settled by reference to arbitration only and not by recourse to the courts of law, as per the applicable Indian Law including the Arbitration and Conciliation Act of 1996. Arbitration shall be conducted by an arbitration tribunal consisting of a single member only. The University’s nominee shall be the ‘persona designata’ as an arbitrator. The venue of arbitration shall be Agartala, Tripura, India. The arbitration clause shall however not apply if the University and/or the authorized agent decides to prosecute any student for any criminal offences, including but not limited to dishonor of postdated cheques. Applicable Law: The Agreement shall be deemed to have been made in Agartala in the State of Tripura, India and shall be construed and enforced in accordance with and the validity and performance hereof shall be governed by the laws of the State of Tripura, India without reference to principles of conflict of laws thereof. Judicial proceedings regarding any matter arising under the terms of the Agreement shall be brought in the relevant courts of Agartala, Tripura. Jurisdiction for all disputes (if any) relating to the University is only/exclusively Agartala, Tripura, India. © The ICFAI University, Tripura. All rights reserved.
28
Fee Remittance Form To be submitted along with the Application Form for Enrollment into the Master Degree Program. The ICFAI University, University Campus, Agartala-Simna Road, P.O. Kamalghat Sadar - 799210, Tripura (West). 1. PERSONAL DETAILS Name: Mr/Ms (Use capitals)
(As it appears in Official Records, Underline Surname)
2. APPLICATION NUMBER of the Master Degree Program (Please refer the Application Form for Enrollment into the Master Degree Program of the ICFAI University, Tripura)
8
8 M D P
3. PROGRAM APPLIED FOR (Please specify): 4. FEE REMITTANCE Please tick ( ✓ ) Please refer Page No.24 for details.
(With Training Classes)
(Without Training Classes)
Rs. 43,000 (Category - I)
Rs. 28,000 (Category - I)
Rs. 38,000 (Category - II)
Rs. 23,000 (Category - II)
(I) LUMPSUM PAYMENT : Amount Rs.__________________________ [Please (✓) tick]
By Demand Draft
By Credit Card
*
Remittance through Demand Draft (DD should be in favor of ‘IUCF A/c FLP’, payable at Hyderabad) DD Details :
Name of Bank :
DD No.:
Date :
Amount Rs._________
* Applicants can make the payment through Credit Card at the respective branches. They should get their Credit Cards swiped for the required amount, sign and attach the merchant copy of the slip along with this Fee Remittance Form and keep the customer copy with themselves (as acknowledgement). IMPORTANT: The employees of the University are not authorized to accept cash payments from the applicants, under any circumstances; the employees of the University are not authorized to swipe their personal credit cards to pay on behalf of the applicants; applicants should not share their credit card information with the employees of the University; applicants should not make any payment by cash. Applicants deviating from the above will be doing so at their own risk and responsibility. (II) INSTALMENT FACILITY / EMI FACILITY: INITIAL PAYMENT: Rs.15,000 [Please ( ✓ ) tick]
By Demand Draft
By Credit Card
Remittance through Demand Draft (DD should be in favor of "IUCF A/c FLP", payable at Hyderabad) DD Details :
Name of Bank :
DD No.:
Date :
Amount Rs._______
(A) INSTALMENT FACILITY: Please see page 24 for details. (For Initial payment of Rs. 15,000 please fill item 4 (II) given above). 2nd Instalment [Please tick ( ✓ ) ]
(With Training Classes)
(Without Training Classes)
Rs. 28,000 (Category - I)
Rs. 13,000 (Category - I)
Rs. 23,000 (Category - II)
Rs. 8,000 (Category - II)
Cheque Number
Cheque Date DD / MM / YYYY
Postdated cheque of Rs. _____________________ (A/c payee postdated cheque in favor of “IUCF A/c FLP” should be enclosed) On the back of postdated cheque, the name of the applicant and the full address of the bank, branch with phone number should be mentioned in capital letters. Only postdated cheque drawn on banks located in specified cities (mentioned on page 25) will be accepted.
Signature of the Applicant: ________________________________
29
(B) EMI FACILITY: Please see page 24 for details. (For Initial payment of Rs.15,000, please fill item 4 (II) given on previous page). (i) Please tick (✓ ) the appropriate EMI amount (With Training Classes) (Without Training Classes) Rs. 5,880 (Category - I)
Rs. 2,730 (Category - I)
Rs. 4,830 (Category - II)
Rs. 1,680 (Category - II)
(ii) Five postdated cheques of Rs. ___________ each (A/c payee postdated cheques in favor of “IUCF A/c FLP” should be enclosed) On the back of each postdated cheque, the name of the applicant and the full address of the bank, branch with phone number should be mentioned in capital letters. Only postdated cheques drawn on banks located in specified cities (mentioned on page 25) will be accepted. Only MICR and multi-city cheques will be accepted. To the ICFAI University, University Campus, Agartala-Simna Road, P.O. Kamalghat Sadar - 799210, Tripura (West). I hereby confirm that I have signed the postdated cheques towards the payment of EMIs in relation to this Fee Remittance Form. I undertake not to countermand these cheques and also to honor all these cheques on due dates. Sl.No. Cheque Number Cheque Date Sl.No. Cheque Number Cheque Date DD / MM / YYYY DD / MM / YYYY 1.
01 /
4.
01 /
2.
01 /
5.
01 /
3.
01 /
Total amount for which postdated cheques are enclosed : Rs._____________. (iii) The postdated cheques enclosed are signed by [Please tick (✓)] (iv)
Me
Signature of the Applicant: ________________________________ Other person (If in case of other person, please fill item no.(iv) given below):
STATEMENT [By the person (other than the Applicant), who has signed the postdated cheques in connection with this Fee Remittance Form as a Co-obligant ] To the ICFAI University, University Campus, Agartala-Simna Road, P.O. Kamalghat Sadar - 799210, Tripura (West). I hereby confirm that I have signed the postdated cheques towards the payment of Instalments/EMIs in relation to this Fee Remittance Form. I undertake not to countermand these cheques and also to honor all these cheques on due dates towards the Instalment facility/EMI facility. I am over 21. I understand and I am aware of my liability as a co-obligant for instalment/EMIs of the applicant. I agree that I will settle the amount with the ICFAI University whether or not the applicant continues in the Program. I understand that the Jurisdiction for all disputes (if any) relating to the University is only/exclusively Agartala, Tripura. I hereby declare that the information provided by me below is true and correct to the best of my knowledge. My signature below certifies that I have read, understood and agree to the rules and regulations and my financial responsibilities. My details are as under. Name : Mr / Ms _________________________________________________________________________________________________________________________ (Use capitals)
(As it appears in Official Records, Underline Surname)
S/o / D/o ____________________________________________________________________________________________________________________________ Occupation ___________________________________________________________________________________________________________________________ Mailing Address:_________________________________________________________________________________________________________________________ (Use capitals)
(House Number)
(Street)
_________________________________________________________________________________________________________________________________________ (City)
(State)
(Pin)
(E-mail)
Tel. (Off.)_______________________________________ (Res.)______________________________________ Fax ________________________________________ (City Code) – (Area Code) – Number
Cell _________________________________________
Place :
(City Code) – (Area Code) – Number
(City Code) – (Area Code) - Number
1 9
Date of Birth: Date
Month
Date :
Year
Signature of the person signing the cheques as a co-obligant
5. DECLARATION: I have carefully read the rules and regulations as given in this Document and Application and agree to abide by the same. I understand that these rules are only indicative and may be modified/changed/revised and the complete list of rules and regulations as updated from time to time will be given to me on my enrollment in the form of Students Regulations Book. I agree not to countermand and to honor all the postdated cheques enclosed by me towards the Instalment facility / EMI facility. I understand that in case I withdraw from the program I will not be entitled to claim any refund of amount paid. I agree that I will settle the amount with the ICFAI University whether or not I continue the Program. I understand that the Jurisdiction for all disputes (if any) relating to the University is only/exclusively Agartala, Tripura. I hereby declare that the information provided by me in this form is true and correct to the best of my knowledge. My signature below certifies that I have read, understood and agree to the rules and regulations, including “Legal Aspects”, and my financial responsibilities.
Place:
Date :
Signature of the Applicant
Applicants are advised to retain a photocopy of the completed Fee Remittance Form for their records. The relevant enclosures and forms should be enclosed along with the required payments.
30
The Institute of Chartered Financial Analysts of India University, Tripura University Campus, Agartala-Simna Road, P.O. Kamalghat Sadar - 799210, Tripura (West). Website: www.iutripura.edu.in
Contents Global Network ......................................................................................................................... 3 The Institute of Chartered Financial Analysts of India University, Tripura ...................... 4 Master Degree Programs ....................................................................................................... 5 Courseware and Case Study Focus ....................................................................................... 7 Training Classes ....................................................................................................................... 8 Web Services 24 x 7 ................................................................................................................. 9 Master of Retail Management ............................................................................................. 10 Master of Telecom Management .......................................................................................... 11 Master of Aviation Management ......................................................................................... 12 Master of Financial Services Management ........................................................................ 1 3 Master of Infrastructure Management ................................................................................ 14 Master of Hospital Administration ....................................................................................... 15 Master of Media Business Management ............................................................................ 16 Master of Agri-Business Management ................................................................................ 17 Master of Hotel Management .............................................................................................. 18 Master of Logistics Management ........................................................................................ 19 Master of Automotive Business Management ................................................................... 20 Master of Pharma Business Management .......................................................................... 21 Admission Policies and Guidelines to Complete the Application Form ........................... 22 Fee Schedule ........................................................................................................................... 24 Application Form for Enrollment ........................................................................................... 27
For further information and advice, you may contact the following branch:
2
Master Degree Programs
Global Network Recognizing the globalization imperative, the ICFAI University has established a close networking relationship with leading institutions and professional bodies around the world. THE ASSOCIATION TO ADVANCE COLLEGIATE SCHOOLS OF BUSINESS, USA
The Association to Advance Collegiate Schools of Business, USA, International: AACSB is the professional association for college and university management education and the premier accrediting agency for Bachelor’s, Master’s, and Doctoral degree programs in business administration and accounting. IBS® is a member of AACSB International, which connects it to the global network of educational institutions, corporate and non-profit organizations.
ASIAN SECURITIES ANALYSTS FEDERATION, AUSTRALIA
Asian Securities Analysts Federation, Sydney, Australia: ASAF was founded in 1979 to promote the interests of the investment community of Asia and Oceania and to encourage and assist in the development of the profession of securities analysts. The ICFAI University represents India in the ASAF. ASAF and the European Federation of Financial Analysts Societies (EFFAS) have promoted the Association of Certified International Investment Analysts (ACIIA).
SYRACUSE UNIVERSITY, USA
Syracuse University, USA: Syracuse University is located in Syracuse, NY, United States. Founded as a seminary in 1832, the University was officially chartered in 1870. Syracuse University’s professional schools rank among the best in their respective fields in the United States. IBS ® has a collaborative arrangement for research scholars with the Martin J Whitman School of Management, Syracuse University.
ASSOCIATION OF ASIA PACIFIC BUSINESS SCHOOLS (AAPBS), KOREA
Association of Asia Pacific Business Schools, Korea: AAPBS was established in October 2004, with a mission to provide leadership and representation in order to advance the quality of business and management education in the Asia Pacific Region. The Association will accomplish its mission by collaborating in research and teaching, and working in partnership to improve business school standards and quality. AAPBS and its members are striving to understand and develop a solid paradigm for an Asian Management education model with a global context. IBS® is a member of AAPBS.
EUROPEAN FOUNDATION FOR MANAGEMENT DEVELOPMENT, BELGIUM
European Foundation for Management Development, Belgium: Founded in 1972 at Brussels, Belgium, EFMD is a not-for-profit association of management education providers and leading companies. EFMD designed an international system of strategic audit and accreditation, called European Quality Improvement System (EQUIS). IBS® is a member of EFMD.
3
MONASH UNIVERSITY, AUSTRALIA
Monash University, Australia: Monash University was established in Melbourne, Australia, in 1958. It is a member of the prestigious Group of Eight Universities and has emerged as a large and dynamic research and teaching institution, with a global reputation. IBS ® has entered into a collaborative agreement with Monash University for mutual benefit.
UniSA
UNIVERSITY OF SOUTH AUSTRALIA
University of South Australia: UniSA was founded on January 1, 1991. Since then, it has earned a reputation as a national leader in collaborative research, has been recognized nationally for innovation in teaching and has South Australia's largest intake of international students. UniSA is committed to educating professionals; creating and applying knowledge; engaging communities; maintaining cultural diversity amongst its staff and students; and providing equitable access to education for greater numbers of people. The ICFAI University has entered into a collaborative arrangement with UniSA.
THE ASSOCIATION OF COMMONWEALTH UNIVERSITIES, UK
The Association of Commonwealth Universities (ACU), UK: Established in 1913, the ACU is the oldest inter-university network in the world. ACU combines the expertise and reputation of over ninety years’ experience with new and innovative program designed to meet the needs of universities in the 21st century. Around 500 members are spread across five continents. The ICFAI University is a member of the ACU.
Master Degree Programs
The Institute of Chartered Financial Analysts of India University, Tripura The Institute of Chartered Financial Analysts of India University, Tripura (referred to hereafter as the
The students are enrolled under the flexible mode. The
University) was established in 2004 through an Act of State Legislature (Tripura Act 8 of 2004). The University has been approved by the University Grants Commission, under Section 2(f) of the UGC Act, 1956. The Distance Education Council (DEC) has approved the programs of the ICFAI University, Tripura.
the students who successfully complete all the groups
University awards the respective master degrees to of the respective programs, through self-study and examinations subject to the University Regulations. The University reserves the right to change the body of knowledge, prescribed books, the curriculum, examination pattern, evaluation system, rules and
The University believes in creating and disseminating knowledge and skills in core and frontier areas through innovative educational programs, research, consulting and publishing, and developing a new cadre of citizens with a high level of competence and deep sense of ethics and commitment to the code of professional conduct.
regulations. The students are governed by the latest regulations applicable to them during the relevant academic year. This document is designed to provide the prospective students with information only. The University assumes no liability of any kind to any person for providing this information, whether or not such
The Visitor of the University is H.E. The Governor of Tripura. The University is administered as per the Act, Statutes and Rules. The Board of Governors is headed
persons rely on it and even if they inform the University
by the Chancellor and has Vice-Chancellor and others as members. The Board of Management is headed by the Vice-Chancellor. The Academic Council is responsible for all academic matters.
This document may contain forward-looking statements
The University campus, based at Agartala is sprawling, landscaped and lush green. It provides a congenial environment for education and learning. The campus has well-equipped physical and academic infrastructure. The University has no study centers outside its authorized jurisdiction.
of their reliance on it.
like, but not limited to, general market, macro-economic, governmental and regulatory trends, technological developments, legislative developments, court decisions, scope for further studies, career opportunities for graduates from the University. Such forward-looking statements contained herein are subject to certain risks and uncertainties that could cause actual results to differ materially from those reflected in the forwardlooking statements. The University undertakes no duty to update any forward-looking statements, to reflect
The University offers Bachelor, Master, and Doctoral programs in management, finance, science and technology, information technology, education, law and other areas.
4
future events or circumstances. Jurisdiction for all disputes (if any) relating to the University is only/exclusively Agartala, Tripura, India.
Master Degree Programs
Master Degree Programs With increasing globalization, each business and industry is exploring new opportunities and facing new challenges. It is therefore not enough for executives to have just a general understanding of the principles of management. They also need to be exposed to many specific inputs related to the industry itself, and the companies in the industry. A deep understanding of the issues related to the industry is essential for success. In this context, the Institute of Chartered Financial Analysts of India University, Tripura, offers Master Degree Programs in different sectors based on self-study and examinations. These Master Degree Programs prepare students for successful careers in today's dynamic global business environment by equipping them with the required knowledge and skills through effective academic delivery and support. The programs are designed to assist students in meeting their career development needs and interests and also to serve the educational needs of professionals who want to enhance their management skills and acquire new ones so that they can serve their organizations more effectively. Master Degree Programs The following Master Degree Programs are offered: ●
Master of Retail Management
●
Master of Telecom Management
●
Master of Aviation Management
●
Master of Financial Services Management
●
Master of Infrastructure Management
●
Master of Hospital Administration
●
Master of Media Business Management
●
Master of Agri-Business Management
●
Master of Hotel Management
●
Master of Logistics Management
●
Master of Automotive Business Management
●
Master of Pharma Business Management
Program structure The Master Degree Programs are structured to provide the knowledge and skills required for success in a specific sector. These knowledge areas and skills sets are both general and specific. Each program has 12 subjects, divided into 6 groups (of 2 subjects each).
5
Industry Analysis is a key subject and deals with the specifics relating to the industry. The last group, Group F, consists of two subjects which deal with the latest case studies relating to management issues of specific industries. Eligibility Graduates (any discipline) with 45% and above. Duration: 18-24 months. No waivers All students are required to appear for all examinations. There are no waivers. Medium of instruction: English. Students who have pursued their degree program in non-English medium are advised to undergo proper preparatory courses in Business English so that they can cope with the Master Degree Programs. Validity of enrollment The validity of enrollment for the program is seven years from the date of enrollment. Students who are unable to complete the program within this period, but are still keen on continuing the program, are required to register de novo by paying the requisite fee. Students who study regularly and appear for and pass the examinations every quarter may complete the program in 18-24 months. 360 0 Flexi-mode The Master Degree Programs are based on study and examinations, with 360 0 flexibility for students. a . Self-Study: The University provides a detailed study plan and prescribed books specially designed and meant for self-study. b . Examinations: The examinations serve to finally assess and certify the students' understanding of the subjects and level of skill development. Examinations The examinations are conceived, developed and administered on a rigorous and fair basis to bring out the best in the students and prepare them for challenging careers in the world of management. Examinations for the program are conducted four times a year in January, April, July, and October. Fee The fee for each of the Master Degree Programs is given in the fee schedule on page 24.
Master Degree Programs
Students Regulations book All students who are enrolled into the Master Degree Programs will be provided with the Students Regulations book which contains the various rules and regulations pertaning to administering the program and the examinations. Model Question papers with suggested answers The model question papers with suggested answers based on examination pattern will be provided.
Online registration facility All students are required to register for their examinations (including payment of fee) using the online facility only, as the operations of examinations department are fully computerized. Enrollment dates In order to be eligible to appear for the examinations, the students are required to enroll into the program on or before the following dates.
Examinations
Enroll into the Program on or before
Eligibility for appearing in examinations Students will be eligible to appear for Group A examinations, five months after the date of enrollment provided all fee dues are paid in full. Subsequently, they can appear for one group every 3 months. Students are required to appear and pass the groups in a sequential order. Test centers The examinations are held at the following Test centers. More Test centers will be added at other places in due course. For the latest information, please visit www.iutripura.edu.in Agartala Agra Ahmedabad (2) Ahmednagar (4) Aizawl Ajmer Allahabad Alwar Amravati Amritsar Anantapur Aurangabad Bareilly Belgaum Bellary Bengaluru (8) Berhampur Bhagalpur Bhatinda Bhavnagar Bhilai Bhilwara Bhopal Bhubaneswar (2) Bijapur Bikaner Bilaspur Chandigarh (2) Chennai (5) Coimbatore Cuttack Davangere Dehradun Dhanbad Dharamshala
6
Dibrugarh Durgapur Eluru Erode Faridabad Gandhidham Gandhinagar Gangtok Ghaziabad Goa Gorakhpur Gulbarga Guntur Gurgaon Guwahati Gwalior Haldwani Haridwar Hissar Howrah Hubli Hyderabad (8) Indore Jabalpur Jaipur Jalandhar Jalgaon Jammu Jamnagar Jamshedpur Jhansi Jodhpur Kakinada Kannur Kanpur
Karimnagar Kharagpur Kochi Kolhapur Kolkata (13) Kollam Kota Kottayam Kozhikode Kurnool Lucknow Ludhiana Madurai Mangalore Margao Mathura Meerut Moradabad Mumbai (13) Mysore Nagpur Nasik (2) Nellore New Delhi (8) Noida (2) Palakkad Panipat Pathanamthitta Pathankot Patiala Patna Pondicherry Pune (7) Raichur Raipur
Rajahmundry Rajkot Ranchi Rohtak Rourkela Rudrapur Sagar Salem Sambalpur Satara Shillong Shimla Shimoga Silchar Siliguri Solapur Sri Ganganagar Sri Nagar (2) Surat (2) Thanjavur Thrissur Tiruchirapally Tirunelvelli Tirupati Trivandrum Udaipur Udupi Ujjain Ulhas Nagar V V Nagar Vadodara (2) Varanasi Vijayawada Visakhapatnam Warangal Yamuna Nagar
April, 2009
November 29, 2008
July, 2009
February 28, 2009
October, 2009
May 30, 2009
January, 2010
August 31, 2009
Examination Calendar The examinations are generally conducted on Sundays in January, April, July and October. The schedule of the examinations is given below:
Month, Year
Dates (Sundays)
Last Date for Submission of Examination Registration Form
April 2009
5, 12, 19, 26
Feb 28, 2009
July, 2009
5, 12, 19, 26
May 30, 2009
October 2009
4, 11, 18, 25
Aug 31, 2009
January 2010
10, 17, 24, 31
Nov 30, 2009
Examination Dates
Passing requirements ●
To pass in a Group, the student must secure an average of 55 per cent for the two Subjects in the Group, subject to a minimum of 45 per cent in each Subject.
●
If the student secures 65 per cent or more in one of the two Subjects of a Group, but fails to get 45 per cent in the other subject of the same Group, he/she will get exemption from the subject in which he/she has secured 65 percent or more. When an exemption is secured in one subject, the student must secure a minimum of 45 percent in the other subject in a subsequent sitting to pass the Group.
Award of the degree All students who successfully complete all the 6 groups of the program will be awarded the respective Masters Degree by the ICFAI University, Tripura. Master Degree Programs
Courseware and Case Study Focus Courseware The courseware includes textbooks for all courses and workbooks and study guides for many of the courses. Initially the courseware is supplied for the first group only, so that the students will always get the latest editions as they progress in their studies. Textbooks: Textbooks are specially designed for independent study by the students. Study Guides: Study guides provide crisp and concise information of all the contents of the subjects. They help the students revise and refresh their knowledge on all the topics. Workbooks: Workbooks are designed to help the students in preparing for the examinations. The Case Study approach As the Master Degree Programs are uniquely designed to develop management perspective and skills, the case method is integrated as a dominant tool in the education methodology. It is not enough for the student to be equipped with merely the management tools and techniques. To be an effective management professional, the student has to be trained to think and act like one. Thus, the program has a very strong case study orientation. The program will use case studies of reputed Indian and international companies. These cases will help the student understand the complexities in various business, political, legal and social environment. Advantages Case studies are widely acknowledged as a very effective learning aid. A case is usually a depiction
7
of a managerial situation or dilemma that calls for the best possible plan of action given the available information. You will benefit from our emphasis on case-based learning in the following ways: ➢ You will acquire problem solving and decision-making skills in complex business situations. ➢ You will be able to apply theoretical learning and test management concepts in real life practical situations. ➢ You will gain confidence in handling dynamic situations. ➢ You will understand the workings of the international marketplace. ➢ You will develop strategic skills and adaptability relevant in the global economy. ➢ You will develop an all-round personality with the unique advantage of being able to think and act like global managers. Continuous learning inputs Magazines and journals play a very important role in updating knowledge. Students are provided with the Effective Executive and Case Folio, monthly publications as continuous learning inputs. Effective Executive : Effective Executive is designed to help students keep themselves abreast of emerging ideas and issues in the management area. Contents include articles, executive summaries, interviews, debates, case studies and corporate reports on the contemporary issues in management. Case Folio: A monthly journal with latest case studies covering different aspects of management.
Master Degree Programs
Training Classes Inputs are provided to the students of the Master Degree Programs through comprehensive courseware including high quality textbooks, study guides and workbooks. Further, in order to supplement the students efforts through self-study, the students are encouraged to attend training classes. The training classes constitute an important stage in the learning methodology by enabling the students to gain an in-depth understanding of the subjects. They provide a platform to the students for better understanding of the concepts and also to clarify any doubts in the respective subjects and therefore prepare them well for the examinations. The training classes facilitate in coping with the rigor of the Master Degree Programs. They are beneficial to all the students enrolling into the program; especially for working executives and professionals who may not find sufficient time to prepare and plan for the examinations well in advance. Benefits of attending the training classes Regular attendance of the training classes enable students to: ➢ gain in-depth understanding of the subjects covered. ➢ understand the concepts well. ➢ understand the examination pattern and obtain tips on preparing well for the examinations through discussion of previous question papers. ➢ discuss and clear doubts and queries pertaining to the topics covered in the subjects. ➢ get into a disciplined mode and regular study. Training classes The training classes are need-based and are conducted subject to registration of minimum number of students.
8
For more details students are requested to contact the respective branches. 4 times a year The training classes are conducted during weekends/ evenings, four times a year, i.e., from January to March, April to June, July to September and October to December. Duration The classes for each subject are scheduled for 36 sessions of 1 hour 15 minutes each covering a total of 45 hours. Fee Students who plan to attend the training classes are required to pay a fee of Rs. 15,000 for the first three groups (Groups A, B and C) at the time of enrollment into the Master Degree Programs. If the students wish to join the training classes subsequently after their enrollment into the program, they are required to pay Rs.18,000 for Groups A, B and C. Registration for training classes Students are strongly advised to register for training classes, when they enroll for the Master Degree Programs. Alternatively, they may register for training classes as per the dates indicated below: Dates of the Training Classes Last Date for conducted during Registration Jan - Mar, 2009
Dec 24, 2008
Apr - Jun, 2009
Mar 25, 2009
Jul - Sep, 2009
Jun 26, 2009
Oct - Dec, 2009
Sept 25, 2009
Master Degree Programs
Web Services 24x7 The following web services are available to all the students: Pre-enrollment services ➢ Online Order Form for Admission material ➢ Online Counselling (Live Chat facility) ➢ Online Enrollment through Secure Internet Payment Gateway and Net Banking and Downloading the first set of lessons ➢ Updates on events like seminars, conferences, counselling meets, FDPs, etc. ➢ Press Room: Press Releases, Press Clippings
include:online examination registration with downloadable admit card facility; online examination results with marks details; online admit cards; model question papers; suggested answers. ➢ Online payment for de novo registration, Overseas courier charges, Overseas examination fee etc., through secure internet payment gateway. ➢ Online prescribed forms for: change of address/ e-mail; non-receipt of courseware; non-receipt of magazine/journal; academic queries/clarifications; general queries; register mobile nos.; student feedback form; de novo registration. ➢ Help line facility.
➢ E-Newsletter
➢ Electronic student newsletter.
➢ Online Feedback facility. Post-enrollment services ➢ Students Regulations (Flexible Learning Regulations/ Program Regulations). ➢ Registration Facility (activation of student account) to avail a range of services under secure environment with Enrollment Number and Password. The services
➢ Important information on training classes, examination schedule, test centers, revision of curriculum, convocation, etc. ➢ Access to online editions of magazines and journals. ➢ Online academic support and discussion fora: Interact with faculty, industry experts and fellow students.
IUT Arbitration Tribunal As indicated in the ‘Legal Aspects’ on Page No.28, all disputes relating to or arising out of the Enrolment Agreement between the applicant and the ICFAI University, Tripura, shall be settled by reference to arbitration only as per the Arbitration and Conciliation Act of 1996. An Arbitration Tribunal consisting of a single member shall conduct the proceedings of arbitration. The University’s nominee shall be the ‘persona designata’ as an arbitrator. The venue of arbitration shall be Agartala, Tripura, India. The University reserves the authority to prosecute the students for criminal offences including the dishonor of cheques. The University has nominated Dr. A.V. Narasimha Rao, MA, LLM, Ph.D., as the persona designata. Students seeking help from the IUT Arbitration Tribunal may contact by e-mail (by quoting the Name and the Enrollment Number) at: [email protected]
Student Grievances As a student if you have any grievances, please let us know immediately so that we can attend to the same as early as possible: ● Phones (Toll free) : 1800-425-2911, 1800-103-0303 ● E-mail : [email protected] Always quote your Name and the Enrollment Number.
9
Master Degree Programs
Master of Retail Management As the socio-economic structure in India has changed
In spite of the problems, high volume malls, shopping
in the last couple of decades, so has the field of retailing.
outlets, supermarkets, and hypermarkets have
Changing lifestyles, paucity of time, and an increase
mushroomed around the country. These new formats
in disposable incomes have resulted in the growth of
require the application of modern management
the retail sector and also created a need for new types
techniques if they are to be run efficiently and effectively.
of retail formats.
Manufacturers and retailers now have to be better at
India was ranked first among 30 emerging markets in
knowing their customers and responding to their needs
A. T. Kearney's Global Retail Development Index for
and wants. Retail success in today's competitive
two consecutive years, 2005 and 2006. The retail market
environment is all about getting the right product to
in India is estimated to have grown at an average rate
the right place at the right time, at the lowest cost
of over ten percent between 2000 and 2005. The country
possible. This requires retail managers to be adept at
had an underserved retail market worth $330 billion
planning, merchandising, pricing, and promotion.
in 2005. It is estimated that retail sales in India will increase to over $500 billion in 2008. However, even as of 2005, the sector was still dominated
The Master of Retail Management Program introduces students to the opportunities and challenges in this dynamic and growing sector.
by unorganized retailers. In 2005, there were 12 million
MRM Program Structure
unorganized retailers who accounted for almost 97 percent of the retailing industry. There is, thus, a huge
A
●
Introduction to Management
●
Managerial Effectiveness
●
Marketing Management
●
Human Resource Management
●
Accounting & Finance
●
Supply Chain Management
●
Retail Management
●
Business Strategy
●
Retail Industry Analysis
●
Leadership & Governance
●
Management of Retail Business - I
●
Management of Retail Business - II
potential for the growth of organized retailing in India. Due to this, India has also become an attractive retail investment destination for many multinational companies.
B
The once unorganized sector is now being transformed into an organized sector as new companies, both Indian
C
and international, enter the arena. These include Indian business groups such as the Tatas, the Reliance Group, the Future Group (formerly known as Pantaloon), and
D
the RPG Group, and international retailing giants such as Wal-Mart and Metro.
E
However, there are also some major challenges that may slow down the growth of organized retailing in India.
F
These include high real estate costs, infrastructure problems, and poor supply chain systems.
10
Master Degree Programs
Master of Telecom Management India's telecom sector has been one of the greatest
has improved drastically, rural and remote areas in the
success stories of recent times. India is now among
country continue to be deprived of telecom connectivity.
the fastest growing telecom markets in the world.
Another challenge for service providers is retaining
Supportive government policies, coupled with private
customers. Also, the ARPU in India dropping to single
participation, have fuelled the unprecedented expansion
digits, compared to around $ 57 in the US, could affect
of this industry.
profitability of Indian service providers.
The Telecom Regulatory Authority of India (TRAI), formed
Managers in the telecom sector will have to handle
in 1997 to regulate both the government and the private
the fast-changing technological and business
players in the telecom sector and the New Telecom
environment. They would have to quickly respond to
Policy introduced in 1999, were turning points in the
policy changes. They would be required to develop
history of telecommunications in India. The opening of
effective customer retention strategies and devise,
the long-distance market in 2002, the termination of
manage and evolve new consumer services so as to
VSNL's monopoly over international traffic in the same year, and the resolution of the wireless in local loop issue contributed in further growth of the market.
attract new customers, increasingly from rural areas, and increase the average revenues per customer. They would have to be adept at planning, pricing, promotion, and financial management.
The huge market potential for telecom products and services in India and the favorable policy initiatives attracted several small and large players such as Nokia, Ericsson, Tata Teleservices, Reliance Communications,
The Master's in Telecom Management introduces students to the opportunities and challenges in this dynamic and growing sector.
Bharti Teleservices, Sify, and Huawei. The healthy competition among mobile service providers has brought down telecom tariffs, which were among the highest
MTM Program Structure A
in the world less than four years ago, to more affordable levels. The falling tariffs have led to the wireless subscriber
B
●
Introduction to Management
●
Managerial Effectiveness
●
Marketing Management
●
Human Resource Management
●
Accounting & Finance
●
Management of Service Operations
●
Services Marketing
●
Business Strategy
●
Telecom Industry Analysis
●
Leadership & Governance
●
Management of Telecom Business - I
●
Management of Telecom Business - II
base growing at a compounded annual growth of 90% over the last three years. In the first nine months of 2006-07, the mobile service providers added 47 million
C
customers. Total phone connections in the country are expected to cross 250 million by next year. Despite the runaway success, the Indian telecom industry
D
faces many challenges. These include technology upgradation, spectrum availability, network management,
E
customer retention, rural connectivity, and falling Average Revenue Per User (ARPU). Spectrum availability and efficiency of utilization of spectrum are issues that would
F
have to be resolved for the unhindered growth of the telecom industry in India. Though urban connectivity
11
Master Degree Programs
Master of Aviation Management The aviation industry in India has been growing
operators entering this market. The government is
exponentially over the past few years with the new
planning to establish an independent regulatory authority,
reforms being introduced by the government. This
to be called Airport Economic Regulatory Authority
industry has seen a major boom in terms of sales turnover
(AERA), to regulate tariffs in heavy-traffic sectors.
of air service operators.
However, there are a few major challenges that may
The Indian civil aviation industry took its first steps in
hinder the growth of the aviation industry. These include
the early 1930s, when the Tatas established Tata Airlines.
high fuel costs, high airport charges, and the high rate
The next two decades saw the entry of several private
of failures in the airline business.
carriers. In 1953, the government chose to nationalize private carriers and set up Indian Airlines to serve the domestic market and Air India to serve the international market. The national carriers enjoyed a monopoly till 1990-91, when the Open Sky policy was implemented.
Managers in this sector would be expected to have a thorough understanding of the cost structure and to devise new ways for revenue generation. They would be required to be adept at forming alliances with tour operators, corporates, and travel agencies.
With the repeal of the Air Corporation Act, several private players such as Jet Air, Sahara Airlines, Modiluft,
The Master of Aviation Management Program prepares
and East West Airlines were allowed to operate
students to efficiently, effectively, and professionally
commercial airlines and a new chapter in the history
manage these airline companies, the number of which
of Indian aviation began.
is ever-increasing.
In 2003, more reforms were introduced in the aviation
MAM Program Structure
sector like an increase in the FDI limit to 49% from 40%, and a reduction of excise duty on aviation turbine
A
fuel to 8% from 16%. The policy reforms and a favorable
●
Introduction to Management
●
Managerial Effectiveness
●
Marketing Management
●
Human Resource Management
●
Accounting & Finance
●
Management of Service Operations
●
Services Marketing
●
Business Strategy
●
Aviation Industry Analysis
●
Leadership & Governance
●
Management of Aviation Business - I
●
Management of Aviation Business - II
business environment attracted several more private players like Air Deccan, Spicejet, Go Airways, Indigo
B
Airlines, etc, who were set-up to operate under a low cost model.
C
The Indian aviation sector is currently pegged at US$7.7 billion and is expected to grow four-fold to
D
US$33.4 billion in the next three years. Currently, there are 0.1 million travelers using the air transport services.
E
It is estimated that 50 million people belonging to the middle income group will use the low cost airlines in
F
the coming years. The aviation industry is all set to conquer greater heights with many new air service 12
Master Degree Programs
Master of Financial Services Management Financial reforms in India started in 1991. The beneficiaries
and healthy competition. With premium collection in
were the capital markets, the banking sector, mutual
India being quite low at 3% of GDP, there is a huge
funds, and insurance sectors. The reforms resulted in
potential for growth. In 2006-07, the life insurance
the more efficient allocation of resources and in fuelling
segment is estimated to have achieved a phenomenal
economic growth. With the growth of the economy, the
growth of 145% in premium collection from its new policies.
financial system became ever more important as a
The non-life segment has experienced a growth of 24%
facilitator of economic growth.
in gross premium.
The capital market reforms have led to growth in
Managers in the financial sector would be required to
investment banking, brokerage, and mutual funds. The
put in place extensive distribution networks without
Sensex has quadrupled over the last decade. The average
losing cost efficiencies, deal with sudden regulatory
daily turnover at the BSE in the last five years has
changes, cope with talent crunch, etc. Such a demanding
trebled to touch Rs.43.8 billion in January 2007. The
environment calls for a new breed of professionals who
market capitalization of the Indian stock market has
are fully equipped to understand customer needs and
reached 91.5% of GDP in January 2007, which is
provide innovative and customized solutions. They would
comparable with the stock markets in the developed
also be required to effectively manage human resources,
world. The number of FIIs has risen to over a thousand.
who are critical for the growth of the industry.
During 2006-07, over Rs.1.6 trillion has been mobilized in the primary market. On an average, six initial public offerings (IPOs) are being introduced every month, each mobilizing an average of Rs.46 billion. This unprecedented
The Master of Financial Services Management Program introduces students to the opportunities and challenges in this dynamic sector.
rise has led to the growth of several domestic investment bankers such as SBI Capital Markets, ICICI Securities,
MFSM Program Structure
and AK Capital and broking houses such as ICICI Securities, Karvy, Motilal Oswal, India Infoline, etc.
A
The mutual funds industry too has seen its assets base grow by four times since 1993 to touch Rs.2.8 trillion
B
in January 2007. The Boston Consulting Group expects
●
Introduction to Management
●
Managerial Effectiveness
●
Marketing Management
●
Human Resource Management
●
Accounting & Finance
●
Management of Service Operations
●
Marketing Financial Products
●
Business Strategy
●
Financial Services Industry Analysis
●
Leadership & Governance
●
Management of Financial Services Companies-I
●
Management of Financial Services Companies-II
the total assets managed by all mutual fund companies including international funds, banks, and pension funds
C
to grow more than seven-fold from the current Rs.7.5 trillion to Rs.57.6 trillion by 2015.
D
The IRDA Act, 1999 and the creation of Insurance Regulatory and Development Authority in 2000 threw open the Indian insurance sector to private players.
E
These policy initiatives resulted in the entry of several private players either alone or in association with foreign insurers such as Reliance, ICICI Prudential, Bajaj Allianz, ING Vysya, Tata AIG, and ICICI Lombard. The entry
F
of these players has resulted in increased penetration 13
Master Degree Programs
Master of Infrastructure Management The importance of infrastructure in the development
The infrastructure industry is as challenging as it is
of the economy needs no underscoring. As the Indian
exciting. Projects with massive outlays face major
economy moves ahead with an above 9% growth rate,
challenges ranging from financial closure to execution
infrastructure investment is gaining a lot of attention.
problems of time and cost overruns. Further, bigger
Further, from the earlier stage of exclusive dependence on the government, the policy framework stipulates that government step up public investment while joining hands with the private sectors for capital-intensive infrastructure projects.
projects like SEZs and international airports face more complications with respect to funding and execution. Business models of infrastructure projects need understanding of the economy and of the inter-linkages with a number of industries.
As per the Indian Economic Survey 2006-07, an investment of Rs.14,500 billion or about US$ 320 billion
Managers in this sector would have to be well-versed
will be required in the infrastructure industry by 2012.
with project planning, project financing, developing loan
The government is expected to focus on modernizing
proposals, loan processing, credit sanctioning, progress
and upgrading the highways, improving the civil aviation
monitoring, cost estimate preparation, and risk
infrastructure in terms of airports and runaways,
management. They would have to keep abreast of
upgrading ports, and building the railway infrastructure.
developments in different aspects of infrastructure and
The Indian real estate industry is also attracting interest.
real estate.
Housing assets continue to be in good demand and IT
The Master of Infrastructure Management Program
and retail are driving the commercial real estate. Many state governments have given an impetus to the real estate industry by repealing the Urban Land Ceiling
introduces students to the opportunities and challenges in this dynamic sector.
Act, amending the Rent Control Act, and rationalizing
MIM Program Structure
the number of taxes. Another factor conducive to the growth of the industry has been availability of banking
A
credit. Apart from old players such as HCC, Gammon, IVRCL,
B
●
Introduction to Management
●
Managerial Effectiveness
●
Marketing Management
●
Human Resource Management
●
Accounting & Finance
●
Project Management - I
●
Project Management - II
●
Business Strategy
●
Infrastructure Industry Analysis
●
Leadership & Governance
●
Management of Infrastructure Business - I
●
Management of Infrastructure Business - II
and Nagarjuna Constructions, a good number of new players from established houses like Reliance and Bharti are jumping into the fray with joint venture partners,
C
to seize upon the opportunity that real estate offers. Real estate players like DLF, Unitech, Raheja, and Hiranandani have massive plans up their sleeves for
D
developing residential and commercial real estate. With the announcement of several mega and ultra-mega
E
power projects, the power sector also seems to be showing signs of revival. If the government goes ahead with much-needed power sector reforms, the sector has the potential to grow at a fast pace and further fuel growth in the economy.
14
F
Master Degree Programs
Master of Hospital Administration While the Indian economy is forging ahead and household
is low when compared with the developed countries.
incomes too are rising, quality healthcare is increasingly
There is also low penetration of health insurance. The
an area of concern for many people. On the one hand,
recent government initiative focuses on improving
there has been a drastic rise in lifestyle diseases in
healthcare access, boosting private sector participation,
cities and, on the other, there has been a rising awareness
and upgrading technology.
about health and health insurance. These have fuelled the growth of the healthcare industry.
The Indian hospital industry has the potential to become a global hub for healthcare services. An increasing
The size of the Indian hospital industry is presently
number of global players are focusing on the Indian
estimated at Rs.2.7 trillion. This industry is growing
market. The industry is expected to grow rapidly over
at an annual rate of 13%. The private sector accounts
the next decade to reach Rs.4.9 trillion by 2012.
for nearly 86% of the healthcare market while the public sector accounts for the rest. With over a 350 million strong middle class demanding quality health care, the Indian hospital industry is poised to grow at an even faster pace. The number of medical tourists visiting India is also increasing every year. Corporate hospitals, which came into existence with Apollo Hospitals in the 1980s, are now being set up in almost every Indian city. Corporate groups such as Max, Escorts, and Wockhardt have aggressive expansion plans. Furthermore, corporates such as the Tata Group,
Managers in the Hospital and Healthcare industry would have to be well-versed in developing the appropriate pricing, branding, and promotional strategies. They would be required to understand the service delivery process and suggest improvements. They would have to have a thorough knowledge of all costs and work towards improving profitability. A Masters in Hospital Administration gives students an exposure to this vibrant and growing sector and introduces them to its opportunities and challenges.
Larsen & Toubro, and Reliance have established hospitals
MHA Program Structure
for their employees. With the entry of corporate players into the Indian hospital industry, there has been an
A
improvement in the infrastructure and the quality of services. Increasing lifestyle diseases and the rising
B
demand for quality healthcare services have led to the emergence of specialty clinics.
C
There is, however, still a gap between demand for and supply of hospital services in India, particularly in the
D
rural areas. The figure for beds per thousand people in India is just one third of the comparable figure in
E
China and half that of Malaysia. According to a WHO report, India needs to add 80,000 hospital beds each year for the next five years to meet the demands of
F
●
Introduction to Management
●
Managerial Effectiveness
●
Marketing Management
●
Human Resource Management
●
Accounting & Finance
●
Management of Service Operations
●
Services Marketing
●
Business Strategy
●
Hospital Industry Analysis
●
Leadership & Governance
●
Management of Hospitals - I
●
Management of Hospitals - II
its growing population. Public health expenditure in India 15
Master Degree Programs
Master of Media Business Management With the growing income levels in India, the media and
at reducing costs. With its vast English-speaking
entertainment (M&E) industry is poised to grow at a
population and IT skills India makes a preferred choice
brisk pace. Apart from economic and demographic factors,
compared to other competitors in Asia. The use of higher
favorable regulatory changes have led to increasing
technology will bring convergence and propel India toward
foreign direct investment (FDI) in the industry.
becoming an entertainment hub.
According to the FICCI, India's entertainment industry
Needless to say, media companies need to understand
was worth around US$ 3 billion and is growing at 19%
their customers better, plan better, ensure better market
annually. Television, the largest component of the M&E
segmentation, and develop and implement innovative
industry, constitutes 42% of the market, followed by
product, pricing, and promotional strategies.
the print media and films. Live entertainment, music, and radio are the other constituents of this industry. Radio is growing the fastest at 31% followed by television
The Master in Media Business Management Program introduces students to the opportunities and challenges in this growing sector.
at 24%.
MMBM Program Structure
Ad spend in India, at 0.34% of GDP, however, is one of the lowest in the world and just about a third of
A
the global average. Further, though India may be producing about 1,000 movies a year, the revenue from
B
them is only Rs. 14.14 billion. Television ownership and
●
Introduction to Management
●
Managerial Effectiveness
●
Marketing Management
●
Human Resource Management
●
Accounting & Finance
●
Management of Service Operations
●
Project Management
●
Business Strategy
●
Media Industry Analysis
●
Leadership & Governance
●
Management of Media Business - I
●
Management of Media Business - II
cable connection figures are still relatively low. These indicate that the industry, given the right environment,
C
has the potential to grow at a high rate. Estimates suggest that the industry would be able to grow to
D
Rs 800 billion in 2010. The share of television is expected to grow to 51% at the cost of the print media, whereas
E
the share of films is expected to remain constant. According to NASSCOM, the Indian animation industry segment is expected to touch US $15 billion by 2008.
F
To India's advantage, studios in the West are looking
16
Master Degree Programs
Master of Agri-Business Management India has 297 million hectares of land, of which over
has taken some policy initiatives to encourage agri-
54% is arable. India is the third largest producer of
businesses and the food processing sector.
agri-products and processed food, just behind the US
The policy initiatives as well as strong demand side
and China.
factors such as increasing urbanization, rising incomes,
The Indian processed food industry is estimated to be
increasing number of double-income-nuclear families,
Rs.6 trillion and is growing at a rate of 10%. Export
increasing health awareness among consumers, increasing
of processed food has been around Rs.370 billion and
demand for healthy and nutritious foods, etc. have
is growing at 8%. The Indian food processing industry
attracted several companies such as ITC, Dabur, and
is becoming an attractive FDI destination; it attracted
HLL to the industry. Undoubtedly, the industry is getting
an FDI around Rs.45.19 billion during the period
more organized.
1991-2005.
Managers in this sector would have to have a keen
Higher disposable incomes have led to an increase in
knowledge of the customer and provide solutions that
consumption of processed foods across all categories.
meet their tastes and requirements. They would also
For example, the consumption of products like nuts, frozen foods, and pasta have witnessed an average
have to be skilled at planning product launches, pricing, branding, promotion, etc.
annual growth of over 10% during the last 5 years.
A Master's in Agri-Business Management would give
The ready-to-eat segment is experiencing an explosive
students an exposure to this dynamic and growing sector
growth of above 50%, with this trend expected to
and introduce them to the opportunities and challenges
continue in the future.
contained in it.
Though, as of 2007, the industry is dominated by unorganized small players who constitute 75% of the
MABM Program Structure A
●
Introduction to Management
●
Managerial Effectiveness
●
Marketing Management
●
Human Resource Management
●
Accounting & Finance
●
Operations Management
●
Project Management
●
Business Strategy
●
Agri-Business Industry Analysis
●
Leadership & Governance
●
Management of Agri-Business Companies - I
●
Management of Agri-Business Companies - II
industry, several companies, both domestic and foreign, are expected to enter in the near future. However, the rate and degree of corporatization varies across the
B
segments. For example, while the beverages and confectionery segments are dominated by the organized
C
sector, segments like fruits & vegetable processing, dairy, and poultry are largely served by small, unorganized processors.
D
India's share of processed food in the global market is very low at about 2%. While India continues to surge
E
ahead with a GDP rate of 9.2% during 2006-07, the only sector that has not kept pace is agriculture, which grew at 2.7%. Since, in India, more than half of the
F
population is dependent on agriculture, the government
17
Master Degree Programs
Master of Hotel Management As the Indian economy continues to move rapidly ahead,
plans up their sleeves. MNC players like Hilton, Accor,
it is also becoming more integrated with the global
and Dubai-based Kingdom Hotels are also entering into
economy. The initiatives taken by the government to
India in a big way. The government has approved about
improve infrastructural and transportation facilities and
300 hotel projects. Many of these are likely to be
the easing of foreign investment have increased the
completed in the next three years and are expected
demand for hotels across star categories in many Indian cities. India, with its unique combination of snowy mountains, landscapes, historical sites, golden beaches, colorful people, rich culture, and festivals, was able to attract 4.42 million international tourists in 2006. The recent
to increase capacity by about 75,000 rooms. There have been challenges in terms of infrastructure, rising real estate costs, and above all, an acute shortage of professionally trained managers to address industry needs in planning, branding, pricing, promotion, and event management. Also, steps would have to be taken to develop cultural and heritage tourism, rural tourism,
promotional efforts of the Indian government have also
adventure tourism, and health and healing tourism, all
contributed to this increase. Domestic travel has also
of which show tremendous potential for growth over
been growing at a brisk rate of 14%, touching the 500
the next decade and beyond.
million mark in 2006. Meetings, Incentives, Conventions
The Master's in Hotel Management introduces students
and Exhibitions (MICE) is the fastest growing segment
to the opportunities and challenges in this burgeoning
which rapidly boosts the growth of hotel management.
sector.
Budget hotels are another emerging segment that is growing very fast.
MHM Program Structure
However, considering India's size and diversity, the number of tourist arrivals is paltry. According to Madrid-
A
based World Tourism Organization, a total of 842 million international tourist arrivals world over were recorded
B
during 2006. India's share has been a miniscule 0.52%
●
Introduction to Management
●
Managerial Effectiveness
●
Marketing Management
●
Human Resource Management
●
Accounting & Finance
●
Management of Service Operations
●
Services Marketing
●
Business Strategy
●
Hotel Industry Analysis
●
Leadership & Governance
●
Management of Hotels - I
●
Management of Hotels - II
of the global pie. Despite the low share, India faces an acute shortage of around 110,000 rooms. Due to
C
the massive gap between demand and supply, hotels have increased their average room rates by almost
D
18-22% annually. The high rents are also responsible for many tourists not wanting to visit India. Therefore, the supply shortage would have to be addressed
E
immediately if India wants to attract more tourists. Quite expectedly, almost all the top Indian hotel chains like the Indian Hotel Company, East India Hotels, Leela Palace
F
Kempinski, and the ITC Welcomgroup have aggressive
18
Master Degree Programs
Master of Logistics Management The supply chain and logistics industry, which broadly
Indian industry has failed to match the world's best
covers freight transportation, warehousing, packaging,
markets in efficiency. However, Indian industry is
customs clearing and forwarding, inventory management,
increasingly adopting more sophisticated logistics and
labeling, and order processing, has benefited from the
supply chain management practices to gain a competitive
growth of the Indian economy in general and the
edge. Technology deployment such as Radio Frequency
manufacturing and services sector in particular.
Identification is also redefining the industry and improving
The major industries contributing to the logistics market
efficiencies.
include pharmaceuticals and chemicals, automotive,
Managers in the logistics industry would need to have
computer peripherals, FMCG, engineering products,
a thorough understanding of the market in order to
machinery, retail, and healthcare. These industries are
compete and sustain high growth. They need to
also opting to outsource their logistics requirements
understand their customers better, plan better to meet
to specialized service providers, called Third Party
delivery deadlines in spite of exigencies, and be more
Logistics (3PL) service providers. Of late, the concept
efficient in utilizing their assets. The players would also
of Fourth Party Logistics (4PL) service providers, acting
have to upgrade their knowledge and understanding
as a single interface between the client and multiple
of international distribution.
logistics service providers, has also started gaining popularity. According to estimates, the Indian logistic market was
The Master in Logistics Management Program introduces students to the opportunities and challenges in this dynamic and growing industry.
worth Rs.5.3 trillion in 2006-07 and was expected to grow at an average annual growth rate of 6.4%. With
MLM Program Structure
the government giving a thrust to infrastructure by way of national highway projects, expressways, urban renewal
A
plans, and investment in railways and port facilities, the implementation of VAT and rationalization of the
B
taxation structure, the logistics industry is poised to
●
Introduction to Management
●
Managerial Effectiveness
●
Marketing Management
●
Human Resource Management
●
Accounting & Finance
●
Supply Chain Management
●
Project Management
●
Business Strategy
●
Logistics Industry Analysis
●
Leadership & Governance
●
Management of Logistics Business - I
●
Management of Logistics Business - II
grow at even faster rates. Logistics companies are expected to develop large regional warehouses. All major
C
players such as the Container Corporation of India, the Transport Corporation of India, Blue Dart Express,
D
Gati, the Shipping Corporation of India, and GE Shipping have aggressive plans to seize the emerging
E
opportunities. The Indian logistics market is highly fragmented. Although
F
worldwide, better supply chain management has reduced logistics costs by nearly 1%, in the last ten years, the
19
Master Degree Programs
Master of Automotive Business Management The liberalization of the Indian automotive industry in
that the industry will continue to grow at a brisk pace
1991 laid the ground for the development of this industry.
for many more years. However, for this growth potential
With the de-licensing of the automotive sector and the
to be realized, the government would have to create
subsequent opening up of 100% FDI through the
a
automatic route, the Indian automotive industry attracted
competitiveness of the Indian auto industry. The
interest from both private as well as foreign players.
government is giving tax subsidies with the intention
On the one hand, rising purchasing power has been
to develop India into a global hub for compact cars.
fuelling domestic demand and on the other, market-
In addition, it has come out with an Automotive Mission
linked exchange rate and availability of trained technical
Plan 2006-2016.
manpower at competitive cost have made auto
Managers in the automotive sector would be required
manufacturing in India more attractive. The near
to have specialized knowledge of the sector in addition
stagnation of the auto industry in USA, the EU, and
to a good understanding of all functional areas. With
Japan has also worked as a push factor for shifting
several more brands and companies expected to enter
of new capacities and capital into India.
India in the near future, managers would have to keep
On an average, the Indian automotive industry has grown
track of competition and develop comprehensive
at a spectacular rate of 17% in the last few years. The
marketing programs including merchandising, branding,
industry has attracted an investment of around Rs.500
and promotion. They would also have to devise strategies
billion and a further Rs.350 billion worth of investments
to enter new segments of the market.
are in the pipeline. The industry has now attained a
A Master's in Automotive Business Management would
turnover of Rs.1,650 billion (US$ 34 billion) and provides
equip students to face the opportunities and challenges
direct and indirect employment to 13.1 million people.
in this dynamic sector.
conducive
environment
and
help
improve
Exports in the automotive sector have grown at an
MAuBM Program Structure
average CAGR of 30% per year in the last five years. The growing demand for automobiles and business-
A
●
Introduction to Management
●
Managerial Effectiveness
●
Marketing Management
●
Human Resource Management
●
Accounting & Finance
●
Operations Management
●
Project Management
●
Business Strategy
●
Automobile Industry Analysis
●
Leadership & Governance
●
Management of Automobile Business - I
●
Management of Automobile Business - II
friendly policies of the government has helped in attracting several large MNCs such as GM, Ford, Toyota, Honda, Hyundai, etc to the Indian market. Almost all of these
B
players have established greenfield units in India. With the establishment of automobile factories, a large number
C
of Indian as well foreign automotive component companies, such as Bharat Forge, Sona Koya, Schumak Equipment, etc. have also set up ancillary units, with many even
D
exporting their products to faraway countries. However, the Indian Automotive Industry's contribution
E
globally is very low at 2.37% of world production. Similarly, Indian auto exports constitute only about 0.3% of global trade. Nevertheless, future growth estimates indicate that India will become the world's third largest automobile
F
market by 2030, behind China and the US. This suggests
20
Master Degree Programs
Master of Pharma Business Management With the advent of the new Intellectual Property Rights
dominated by bulk drugs, would continue to grow at
(IPR) regime in 2005, the Indian pharmaceuticals industry
17-18%.
has entered a new era. In the recent past, the Indian pharmaceutical industry has shown tremendous progress in terms of infrastructure development, creation of technology base, and diversification of product range, and now has the capability to manufacture bulk drugs belonging to all major therapeutic groups.
Managers in this sector would have to be knowledgeable of Intellectual Property Rights. Apart from having a thorough understanding of different functional areas, they would have to be aware of global best practices and implement them in their organizations. With a growing OTC market, they would have to be familiar
Currently, the Indian pharmaceutical market size is
with branding and brand development. They also would
estimated to be over Rs. 475 billion, and the industry
have to develop strategies concerning pricing, market
is growing at an average annual growth rate of 13.7%.
segmentation, new product development, and
Indian pharmaceutical exports is expected to cross Rs.270
distribution.
billion in the coming years. According to a recent McKinsey report, the Indian pharmaceuticals industry has the potential to double in size in near future.
The Master's in Pharma Business Management introduces students to the opportunities and challenges in this dynamic sector.
However, the industry is highly fragmented, with more
MPBM Program Structure
than 24,000 manufacturing units. It also has a number of pharmaceutical manufacturing units under the control
A
of the central and state governments. In the private sector, Ranbaxy, Cipla, and Dr. Reddy's Laboratories
B
are the major players. MNCs have maintained a low-
●
Introduction to Management
●
Managerial Effectiveness
●
Marketing Management
●
Human Resource Management
●
Accounting & Finance
●
Operations Management
●
Sales and Distribution Management
●
Business Strategy
●
Pharma Industry Analysis
●
Leadership & Governance
●
Management of Pharma Business - I
●
Management of Pharma Business - II
key presence in the Indian market due to the absence of product patents and price controls.
C
The pharmaceutical industry in India has the potential to achieve even higher growth levels. However, this
D
is possible only if key enabling factors such as a world-class patent regime and an environment that fosters
E
innovation and entrepreneurship are put in place. With over US$ 50 billion worth of drugs going off patent in the next four years, there is a huge global opportunity for India. Contract manufacturing is expected to touch
F
Rs.40 billion, whereas exports of pharmaceuticals,
21
Master Degree Programs
Admission Policies and Guidelines to Complete the Application Form Admission
Proof of address
The goal of the Admissions Board is to select students whose academic background, work experience, leadership abilities and communication skills meet the demands of the Program. The Admissions Board evaluates applicants' potential as future leaders and their projected
All students are required to produce the photocopies of any one of the following documents as address proof at the time of enrollment: Latest telephone (BSNL/MTNL) bill, latest electricity bill, latest property
ability to succeed in and profit from the program.
tax bill, voter ID card, ration card, passport, driving licence, ID card issued by any authorized body with seal.
Enrollment
Remittance
Applications received from the students are checked
The applicants are required to pay the fee as indicated in the Fee Schedule on Page No.24. The remittance
for the basic eligibility criteria and the eligible students are enrolled into the program under the flexible mode. Students who have secured 45 per cent and above in their graduation are required to submit the photocopies of marksheets for all 3 (or 4) years in support of the eligibility along with the Application Form for Enrollment.
can be done by way of Demand Draft or Credit Card. Demand Draft should be in favor of "IUCF A/c FLP" payable at Hyderabad. For Instalment facility/EMI facility please refer to Fee Schedule (Page No.24). No refund
No enrollment of foreign citizens The admission into the flexible learning program is not open to foreign citizens due to visa restrictions. They may write to the Registrar for guidance on this matter.
The amount once paid is not refundable under any circumstances, except in the case of rejected applications. Right to amend rules The University reserves the right to amend the rules
Rejected applications If the applicants do not satisfy the eligibility criteria, the applications are returned to them along with all enclosures and the payment paid after deducting Rs.500. Such students are, however, permitted to apply again after they satisfy the eligibility criteria. The students whose applications have been rejected may appeal to the Admissions Board, if they wish to have a review of their applications.
and regulations wherever considered necessary and appropriate. Such amendments will be intimated to the students. Therefore, this publication and the descriptions contained herein are not to be construed as a contract binding the University to any specific policies. Possible changes include, but are not limited to curriculum and course content, passing requirements, eligibility criteria for examinations, fee schedule, refund policy, examination pattern, certification and designation, and such other matters as may be considered relevant.
22
Master Degree Programs
Guidelines The students are advised to read the following guidelines carefully before completing the Application Form for Enrollment and Fee Remittance Form. a. The Application Forms should be filled in Capital Letters. b. Please respond to all the information sought. c. Additional sheets may be used, if necessary. d. Ensure that the Application Forms are signed. Photocopies of certificates a. Photocopies of certificates regarding date of birth and educational qualifications shall be enclosed with the Application Form for Enrollment. b. Original Certificates should not be sent.
voter ID card, ration card, passport, driving licence, ID card issued by any authorized body with seal. f. Those students availing the Instalment facility/EMI facility are requested to enclose the postdated cheques for the required amount along with the Fee Remittance Form. The completed Application Forms along with the required enclosures can be submitted or sent by speedpost/courier to: The Admissions Officer, The ICFAI University, University Campus, Agartala - Simna Road, P.O. Kamalghat Sadar - 799210, Tripura (West). Students are advised to take note of the validity date specified on the Application Form for Enrollment and ensure that their Forms reach the Admissions Officer on or before the validity date.
Enclosures Please ensure that your Application contains the following enclosures. a. Application Form for Enrollment into the program (with recent color photograph affixed). b. Copies of Certificates of Date of Birth and Educational Qualifications/Mark Sheets. c. Fee Remittance Form. d. Demand Draft/Credit Card Merchant Slip (wherever applicable) towards the payment. e. Students have to produce photocopies of any one of the following documents as address proof at the time of enrollment: Latest telephone (BSNL/MTNL) bill, latest electricity bill, latest property tax bill,
23
Online Enrollment through Secure Internet Payment Gateway Students can enroll into the program by logging on to www.iutripura.edu.in for filing the application form online and making the payment through Internet. Students can make the payment through the Credit Card issued by Citibank, ICICI Bank, HDFC Bank or the VISA/MasterCard issued by any bank, through Secure Internet Payment Gateway. Net Banking facility is also available for net banking account holders of AXIS Bank and ICICI Bank. Students may please note that payments relating to examinations will be accepted only through Secure Internet Payment Gateway.
Master Degree Programs
Fee Schedule (With effect from April 1, 2008 and valid for the Academic year 2008-09 only) The Master Degree Programs (Categories for fee purpose only)
Category I
●
Category II
● Master of Telecom Management ● Master of Aviation Management ● Master of Financial Services Management ● Master of Infrastructure Management ● Master of Media Business Management ● Master of Agri-Business Management ● Master of Hotel Management ● Master of Logistics Management ● Master of Automotive Business Management ● Master of Pharma Business Management
Master of Retail Management
●
Master of Hospital Administration
Category - I Particulars
With Without Training Training Classes (Rs.) Classes (Rs.)
Admission Fee Program Fee Training Classes Total Option I Lumpsum Payment Option II Instalment Facility Initial payment: At the time of Application (by Demand Draft/Credit Card) On the 30th day after Application (by Postdated Cheque) Option III EMI Facility Initial Payment (by Demand Draft/Credit Card) Balance amount to be paid through 5 Equated Monthly Instalments [EMIs] (including bank charges) by Postdated Cheques
Category - II With Without Training Training Classes (Rs.) Classes (Rs.)
3,000 25,000 15,000 43,000 43,000
3,000 25,000 — 28,000 28,000
3,000 20,000 15,000 38,000 38,000
3,000 20,000 — 23,000 23,000
15,000
15,000
15,000
15,000
28,000
13,000
23,000
8,000
15,000
15,000
15,000
15,000
5,880
2,730
4,830
1,680
Remittance Information 1. a. Currently, the Admission Fee is Rs. 3,000. Students
c. The employees of the University are not authorized to
are required to pay the fee as indicated in the Table
accept cash payments from the students under any
above, either in Lumpsum, or through the Instalment
circumstances and also are not authorized to swipe their
facility or EMI facility.
personal credit cards to pay on behalf of the students.
24
b. The fee can be paid by way of Demand Draft or Credit
Students should not share their credit card information
Card (VISA or MasterCard only). The Demand Draft
with the employees of the University and should not
should be A/c payee crossed in favor of "IUCF A/c FLP"
make any payments by cash. Any students deviating
payable at Hyderabad. Students can make the payment
from the above will be doing so at their own risk and
through Credit Card at the respective branches. They
responsibility.
should get their Credit Cards swiped for the required
2. Instalment facility/EMI facility for payment of fee:
amount, sign and attach the merchant copy of the slip
a. Instalment facility/EMI facility is offered to all the
along with the Fee Remittance Form and keep the
students for payment of fee. Under both the facilities,
customer copy with themselves (as acknowledgement).
the initial payment should be made by way of
Master Degree Programs
Demand Draft/Credit Card and the balance amount
banks located in the cities specified below:
The postdated cheques should be in favor of
Agartala, Agra, Ahmedabad,Ahmednagar, Aizawl, Ajmer,
“IUCF A/c FLP”. The students can choose either
Alapuzzha, Aligarh, Allahabad, Almora, Alwar, Ambala,
Instalment facility or EMI facility as indicated (in the Table) accordingly. b. Instalment facility: The initial payment (i.e. first instalment) is payable at the time of application by Demand Draft/Credit Card. The second instalment is payable on the 30th day after application by way of postdated cheque. For example if a student enrolls on April 15, the second instalment (amount payable in rupees) will be due on the 30th day, namely May 15. The
Amrawati, Amritsar, Anantapur, Angul, Aurangabad , Balasore, Bareilly, Belgaum, Bellar y, Bengaluru, Berhampur, Bhagalpur, Bhatinda, Bhilai, Bhilwara, Bhimavaram, Bhopal, Bhubaneswar, Bidar, Bijapur, Bikaner, Bilaspur, Calicut, Chandigarh, Chandrapur, Chennai, Chittoor, Chittorgarh, Coimbatore, Cuttack , Davangere, Dehradun, Dhanbad, Dharamshala, Dibrugarh, Durgapur, Eluru, Ernakulam, Erode, Faizabad,
students should enclose the Demand Draft/Credit Card
Faridabad, Gandhidham, Gandhi Nagar, Gangtok,
slip towards the first instalment and postdated cheque
Ghaziabad, Goa, Gorakhpur, Gulbarga, Guntur, Gurgaon,
(A/c payee crossed) towards the second instalment
Guwahati, Gwalior, Haldwani, Haridwar, Hassan, Hubli,
along with the Fee Remittance Form.
Hissar, Hyderabad, Indore, Jabalpur, Jaipur, Jalandhar,
EMI facility: The initial payment is payable at the time
Jalgaon, Jammu, Jamnagar, Jamshedpur, Jhansi, Jodhpur,
of application by Demand Draft/Credit Card. The EMIs
Kadapa, Kakinada, Kannur, Kanpur, Karimnagar, Karnal,
are payable on the first of every month, subsequent to
Karur, Kasargode, Khammam, Kharagpur, Kochi,
enrollment. For example, if a student enrolls on
Kolhapur, Kolkata, Kollam, Kota, Kottayam, Kurnool, Latur,
April 15, his/her first EMI (amount payable in rupees)
Lucknow, Ludhiana, Madurai, Mahabubnagar,
will be due on May 1. The EMIs should be paid through
Mangalore, Mathura, Meerut, Mohali, Moradabad,
postdated cheques. The students should enclose the
Mumbai, Muzaffarpur, Mysore, Nagpur, Nanded, Nasik,
postdated cheques (A/c payee crossed) along with the
Nellore, New Delhi, Nizamabad, Noida, Ongole, Palakkad,
Fee Remittance Form and the Demand Draft/Credit Card slip for initial payment. c. Students availing the Instalment facility/EMI facility are required to complete the Fee Remittance Form and enclose the Demand Draft and postdated cheques for the required amount.
Panchkula, Pathanamthitta, Pathankot, Patiala, Patna, Pondicherr y, Pune, Rae Bareli, Raichur, Raipur, Rajahmundry, Rajapalayam, Rajkot, Ranchi, Ratnagiri, Rohtak, Roorkee, Rourkela, Rudrapur, Sagar, Salem, Sambalpur, Sangli, Satara, Satna, Shillong, Shimoga, Shimla, Silchar, Siliguri, Solapur, Srinagar, Sri Ganga
d. Students should note that only those Application Forms
Nagar, Srikakulam, Surat, Tanuku, Tanjavur, Thrissur,
accompanied with the demand draft or credit card
Tiruchirapalli, Tirunelvelli, Tirupathi, Trivandrum, Tumkur,
payment slip towards initial payment, and postdated
Tuticorin, Udaipur, Udipi, Ujjain, Vadodara, Vallab
cheques towards the Instalment facility/EMI facility, will be considered as valid. e. Students depositing the postdated cheques should ensure that the postdated cheques should not be dishonored under any circumstances as and when they are due for payment. In the event of dishonor of any cheques, the students and the signatories of such
25
f. The PDCs should be drawn on scheduled commercial
should be paid through postdated cheques.
Vidyanagar,
Varanasi,
Vellore,
Vijayawada,
Visakhapatnam, Vizianagaram, Warangal, Yamuna Nagar. If the students send any cheques drawn on banks located in cities other than the specified cities, such cheques will not be accepted. Only MICR and multi-city cheques will be accepted.
cheques will be liable for prosecution under Section 138
g. The University reserves the right to withdraw the
of the Negotiable Instruments Act, 1881 and such other
Instalment facility/EMI facility for payment of fee at any
legal actions as may be taken by the University.
time.
Master Degree Programs
3. The examination fee is to be paid separately as and when
8. All students registering in the Program are required to pay
the student is eligible and register for the examinations.
the stipulated payment as per schedule. Wherever students
The fee is Rs.1,000 per group.
have arrears of payment, they will not be permitted to write
4. The Master Degree Programs students are entitled to receive Effective Executive magazine for a period of 12 months, from the date of enrollment. In addition, all students at Group F will also receive Case Folio journal for a period of 9 months. 5. The payment towards training classes for Groups A,B and C is Rs.15,000, if paid at the time of enrollment. These classes are conducted four times a year and they are need-based. If the students wish to join the training classes subsequently after their enrollment into the program, they are required to pay Rs.18,000 for Groups A,B and C. 6. Training Classes will be held solely at the discretion of the
released and their mark sheets, pass certificates will not be issued; further such students will be considered as inactive on the rolls of the University and their names are liable to be removed from the records. 9. The fee is subject to change from time to time. Students will be informed of the payment revisions through e-mails, electronic newsletters, students regulations, etc. The students are required to pay as may be prevalent in the relevant academic year. The fee indicated in this document is valid for 2008-09 academic year only. 10. Overseas Students:
University, subject to a minimum number of students
a) Students who wish to receive the courseware at their
registering for the same. In case it is decided not to hold
overseas address are required to remit US$75 per group
such classes, the fee paid by the students towards such
towards overseas courier charges.
classes will be refunded. The students will have no claim for refund of any other fee. 7. In the unfortunate event of death of a specified parent/ guardian/spouse who is funding the education of the
26
the examinations or their examination result will not be
b) Students who wish to receive Effective Executive magazine, Case Folio journal and other mailers at their overseas address are required to remit overseas mailing charges of US$200 per annum towards the same.
student, the balance of basic fee payable by the student
c) Students who wish to appear for examinations at any
will be waived by the University. Hence, such unfortunate
overseas test centers are required to contact the Indian
students need not discontinue their studies. In the
Embassy/High Commission/Consulate Officials and
unfortunate event of death of a student during the two year
obtain their consent to supervise the examination and
period from the date of enrollment, the basic fee paid by
mail the same to the Controller of Examinations before
the student will be refunded to the specified parent/
submitting the Examination Registration Form. The
guardian/spouse. Further details will be provided in the
University will not take any responsibility for obtaining
Student Regulations book.
the consent from the above mentioned Officials.
Master Degree Programs
----------------------------------------------------------------------------------------------------------- CUT HERE ------------------------------------------------------------------------------------------------------------------------------------------
Application No.
Application valid up to
88MDP -
The Institute of Chartered Financial Analysts of India University, Tripura University Campus, Agartala-Simna Road, P.O. Kamalghat Sadar - 799210, Tripura (West).
The Master Degree Programs 360 0 Flexi-mode
Application Form for Enrollment
WE
(Read carefully all the pages of this Document including Admission Policies, Guidelines, Remittance Information and Legal aspects before filling this Application Form) Foreign citizens should not apply using this Form. They may write to the Registrar for guidance.
1. PROGRAM APPLIED FOR ( Please specify) : 2. PERSONAL DETAILS Name : Mr/Ms (USE CAPITALS)
(As it appears in Official Records, Underline Surname)
Parent’s/Guardian’s Name : Mr/Ms _____________________________________________________________________________ Address# __________________________________________________________________________________________________ (USE CAPITALS)
Nearest Land Mark __________________________________________________________________________________________ ___________________________________________________________________________________________________________ (City)
(State)
(Pin)
Paste a recent color photograph of size 3.5 x 4.5 cms. Photograph must not be larger than this box. Do not sign the Photograph and do not staple
Tel.(Off.) ___________________________________________ (Res.)____________________________________________________ (City Code) – (Area Code) - Number
(City Code) – (Area Code) - Number
Fax:______________________________________________ Mobile : ___________________________________________________ (City Code) – (Area Code) – Number
E-mail*:______________________________________________________________
Place of Issue : _____________________
Indian Passport No. #
3.
Date of Birth
Proof of Address is required.
1 9 Date
Month
Citizenship:
Indian
Year
Foreign
* All applicants are mandatorily required to give e-mail address and mobile number for speedy communication.
ACADEMIC RECORD Examination Level
Qualification
Board/University/Institute
Medium of Instruction
Marks (%) /Grade
Year of Passing
XII Class Bachelor’s Degree Others 4.
OCCUPATION
(Please tick ( ✓ )
Full-time Student
Full-time Employee
If employed: Organization _____________________________________ Designation ________________ Industry __________________________ 5.
DECLARATION: I wish to apply for the Master Degree Programs on a flexible mode. I have carefully read the academic and administrative rules and regulations of the Institute of Chartered Financial Analysts of India University, Tripura as given in this Document and Application Material and agree to abide by the same. I understand that these rules are only indicative and may be modified/changed/revised and the complete list of rules and regulations as updated from time to time will be given to me on my enrollment in the form of Students Regulations. I understand that in case I withdraw from the program I will not be entitled to claim any refund of amount paid. I agree that I will settle the amount with the ICFAI University whether or not I continue in the Program. I understand that the Jurisdiction for all disputes (if any) relating to the University is only/exclusively Agartala, Tripura. I hereby declare that the information provided by me in the Application is true and correct to the best of my knowledge. My signature below certifies that I have read, understood and agree to the rules and regulations, including “Legal Aspects”, and my financial responsibilities.
Place:
Date :
Signature of the Applicant
Applicants are advised to retain a photocopy of the completed Application Form for Enrollment for their records. The relevant enclosures and forms should be enclosed along with the required payments.
27
Legal Aspects The Institute of Chartered Financial Analysts of India University, Tripura (referred to hereafter as the University) was established in 2004 through an Act of State Legislature (Tripura Act 8 of 2004). The University has been approved by the University Grants Commission, under Section 2(f) of the UGC Act, 1956. The Distance Education Council (DEC) has approved the programs of the ICFAI University, Tripura. The students are enrolled on a flexible mode. The University reserves the right to change the body of knowledge, prescribed books, the curriculum, examination pattern, evaluation system, rules and regulations. The students are governed by the latest regulations applicable to them during the relevant academic year. This document is designed to provide the prospective students with information only. The University assumes no liability of any kind to any person for providing this information, whether or not such persons rely on it and even if they inform the University of their reliance on it. This document may contain forward-looking statements like, but not limited to, general market, macro-economic, governmental and regulatory trends, technological developments, legislative developments, court decisions, scope for further studies, career opportunities for graduates from the University. Such forward-looking statements contained herein are subject to certain risks and uncertainties that could cause actual results to differ materially from those reflected in the forward-looking statements. The University undertakes no duty to update any forward-looking statements, to reflect future events or circumstances. Enrollment Agreement: The "Application for Enrollment" is the Enrollment Agreement (hereinafter referred to as the Agreement) between the applicant who wishes to enroll on a flexible mode and the Institute of Chartered Financial Analysts of India University, Tripura (hereinafter referred to as the University). Entire Agreement: This Agreement constitutes and expresses the entire agreement and understanding between the University and the students of the University in reference to all matters herein referred to, all previous discussions, promises, representations and understandings relative thereto, if any, had between the parties hereto, being herein merged. Interpretation: The masculine, feminine or neuter gender and the singular or plural number shall be deemed to include the other gender or numbers where the context so indicates or requires. Unless otherwise expressly provided, references to days, months or years are to calendar days, months or years. Person or persons include individuals, partnerships, corporations, government agencies or other entities. Section headings are included for convenience only and are not to be used to construe or interpret this Agreement. Conclusion of the Agreement: The Agreement is irrevocably concluded after the applicant signs the application form and submits it along with the required amount, physically, electronically or otherwise. No Third Party Beneficiaries: Enrollment of any student into the Master Degree Programs, shall not entitle any person (including, without limitation, members) to any rights as third party beneficiary. Balance of Dues: The liability of the student to pay the balance of dues continues until the last instalment is cleared even if the student, for any reason, withdraws from/discontinues the pursuit of the program. Wherever students have arrears of payment, they will not be permitted to write the examinations or their examination result will not be released and their mark sheets, pass certificates may not be issued; further such students will be considered as inactive on the rolls and their names are liable to be removed from the records. No Obligation to Services, etc.: The University has no obligation to render any services to the student members beyond the period of validity of enrollment. To clarify further, no obligation of the University shall survive beyond the period of validity of enrollment. Limitation of Liability: The liability of the University towards the students is limited only to the extent of the fee paid by them. To clarify further, the University shall not be liable to the students for punitive, exemplary, special, indirect, or consequential damages, including without limitation, lost profits. Assignment: The students cannot assign this Agreement nor any part thereof the University may, without necessity of the students' consent, assign its rights and obligations under this Agreement to a successor organization. Force Majeure: The University shall not be liable for delay or failure in performance of any of its obligations under the Agreement when such delay or failure arises from events or circumstances beyond the reasonable control of the University (including without limitation, acts of God, fire, flood, war, explosion, sabotage, terrorism, embargo, civil commotion, acts or omissions of any government entity, supplier delays, decisions of the University, decisions of the courts and governments, communications or power failure, equipment or software malfunction, or labor disputes). Indemnity: A student agrees to indemnify, defend and hold the University harmless from and against any and all loss, damage, liability and expense (including reasonable attorney’s fees and costs) arising out of any third party claim, action or proceeding based directly or indirectly on the acts of omission or commission by the member or his/her agents, the breach or alleged breach or failure to comply with any applicable laws or regulations, concerning the practice of respective professions. Arbitration: All disputes relating to or arising out of this Enrollment Agreement shall be settled by reference to arbitration only and not by recourse to the courts of law, as per the applicable Indian Law including the Arbitration and Conciliation Act of 1996. Arbitration shall be conducted by an arbitration tribunal consisting of a single member only. The University’s nominee shall be the ‘persona designata’ as an arbitrator. The venue of arbitration shall be Agartala, Tripura, India. The arbitration clause shall however not apply if the University and/or the authorized agent decides to prosecute any student for any criminal offences, including but not limited to dishonor of postdated cheques. Applicable Law: The Agreement shall be deemed to have been made in Agartala in the State of Tripura, India and shall be construed and enforced in accordance with and the validity and performance hereof shall be governed by the laws of the State of Tripura, India without reference to principles of conflict of laws thereof. Judicial proceedings regarding any matter arising under the terms of the Agreement shall be brought in the relevant courts of Agartala, Tripura. Jurisdiction for all disputes (if any) relating to the University is only/exclusively Agartala, Tripura, India. © The ICFAI University, Tripura. All rights reserved.
28
Fee Remittance Form To be submitted along with the Application Form for Enrollment into the Master Degree Program. The ICFAI University, University Campus, Agartala-Simna Road, P.O. Kamalghat Sadar - 799210, Tripura (West). 1. PERSONAL DETAILS Name: Mr/Ms (Use capitals)
(As it appears in Official Records, Underline Surname)
2. APPLICATION NUMBER of the Master Degree Program (Please refer the Application Form for Enrollment into the Master Degree Program of the ICFAI University, Tripura)
8
8 M D P
3. PROGRAM APPLIED FOR (Please specify): 4. FEE REMITTANCE Please tick ( ✓ ) Please refer Page No.24 for details.
(With Training Classes)
(Without Training Classes)
Rs. 43,000 (Category - I)
Rs. 28,000 (Category - I)
Rs. 38,000 (Category - II)
Rs. 23,000 (Category - II)
(I) LUMPSUM PAYMENT : Amount Rs.__________________________ [Please (✓) tick]
By Demand Draft
By Credit Card
*
Remittance through Demand Draft (DD should be in favor of ‘IUCF A/c FLP’, payable at Hyderabad) DD Details :
Name of Bank :
DD No.:
Date :
Amount Rs._________
* Applicants can make the payment through Credit Card at the respective branches. They should get their Credit Cards swiped for the required amount, sign and attach the merchant copy of the slip along with this Fee Remittance Form and keep the customer copy with themselves (as acknowledgement). IMPORTANT: The employees of the University are not authorized to accept cash payments from the applicants, under any circumstances; the employees of the University are not authorized to swipe their personal credit cards to pay on behalf of the applicants; applicants should not share their credit card information with the employees of the University; applicants should not make any payment by cash. Applicants deviating from the above will be doing so at their own risk and responsibility. (II) INSTALMENT FACILITY / EMI FACILITY: INITIAL PAYMENT: Rs.15,000 [Please ( ✓ ) tick]
By Demand Draft
By Credit Card
Remittance through Demand Draft (DD should be in favor of "IUCF A/c FLP", payable at Hyderabad) DD Details :
Name of Bank :
DD No.:
Date :
Amount Rs._______
(A) INSTALMENT FACILITY: Please see page 24 for details. (For Initial payment of Rs. 15,000 please fill item 4 (II) given above). 2nd Instalment [Please tick ( ✓ ) ]
(With Training Classes)
(Without Training Classes)
Rs. 28,000 (Category - I)
Rs. 13,000 (Category - I)
Rs. 23,000 (Category - II)
Rs. 8,000 (Category - II)
Cheque Number
Cheque Date DD / MM / YYYY
Postdated cheque of Rs. _____________________ (A/c payee postdated cheque in favor of “IUCF A/c FLP” should be enclosed) On the back of postdated cheque, the name of the applicant and the full address of the bank, branch with phone number should be mentioned in capital letters. Only postdated cheque drawn on banks located in specified cities (mentioned on page 25) will be accepted.
Signature of the Applicant: ________________________________
29
(B) EMI FACILITY: Please see page 24 for details. (For Initial payment of Rs.15,000, please fill item 4 (II) given on previous page). (i) Please tick (✓ ) the appropriate EMI amount (With Training Classes) (Without Training Classes) Rs. 5,880 (Category - I)
Rs. 2,730 (Category - I)
Rs. 4,830 (Category - II)
Rs. 1,680 (Category - II)
(ii) Five postdated cheques of Rs. ___________ each (A/c payee postdated cheques in favor of “IUCF A/c FLP” should be enclosed) On the back of each postdated cheque, the name of the applicant and the full address of the bank, branch with phone number should be mentioned in capital letters. Only postdated cheques drawn on banks located in specified cities (mentioned on page 25) will be accepted. Only MICR and multi-city cheques will be accepted. To the ICFAI University, University Campus, Agartala-Simna Road, P.O. Kamalghat Sadar - 799210, Tripura (West). I hereby confirm that I have signed the postdated cheques towards the payment of EMIs in relation to this Fee Remittance Form. I undertake not to countermand these cheques and also to honor all these cheques on due dates. Sl.No. Cheque Number Cheque Date Sl.No. Cheque Number Cheque Date DD / MM / YYYY DD / MM / YYYY 1.
01 /
4.
01 /
2.
01 /
5.
01 /
3.
01 /
Total amount for which postdated cheques are enclosed : Rs._____________. (iii) The postdated cheques enclosed are signed by [Please tick (✓)] (iv)
Me
Signature of the Applicant: ________________________________ Other person (If in case of other person, please fill item no.(iv) given below):
STATEMENT [By the person (other than the Applicant), who has signed the postdated cheques in connection with this Fee Remittance Form as a Co-obligant ] To the ICFAI University, University Campus, Agartala-Simna Road, P.O. Kamalghat Sadar - 799210, Tripura (West). I hereby confirm that I have signed the postdated cheques towards the payment of Instalments/EMIs in relation to this Fee Remittance Form. I undertake not to countermand these cheques and also to honor all these cheques on due dates towards the Instalment facility/EMI facility. I am over 21. I understand and I am aware of my liability as a co-obligant for instalment/EMIs of the applicant. I agree that I will settle the amount with the ICFAI University whether or not the applicant continues in the Program. I understand that the Jurisdiction for all disputes (if any) relating to the University is only/exclusively Agartala, Tripura. I hereby declare that the information provided by me below is true and correct to the best of my knowledge. My signature below certifies that I have read, understood and agree to the rules and regulations and my financial responsibilities. My details are as under. Name : Mr / Ms _________________________________________________________________________________________________________________________ (Use capitals)
(As it appears in Official Records, Underline Surname)
S/o / D/o ____________________________________________________________________________________________________________________________ Occupation ___________________________________________________________________________________________________________________________ Mailing Address:_________________________________________________________________________________________________________________________ (Use capitals)
(House Number)
(Street)
_________________________________________________________________________________________________________________________________________ (City)
(State)
(Pin)
(E-mail)
Tel. (Off.)_______________________________________ (Res.)______________________________________ Fax ________________________________________ (City Code) – (Area Code) – Number
Cell _________________________________________
Place :
(City Code) – (Area Code) – Number
(City Code) – (Area Code) - Number
1 9
Date of Birth: Date
Month
Date :
Year
Signature of the person signing the cheques as a co-obligant
5. DECLARATION: I have carefully read the rules and regulations as given in this Document and Application and agree to abide by the same. I understand that these rules are only indicative and may be modified/changed/revised and the complete list of rules and regulations as updated from time to time will be given to me on my enrollment in the form of Students Regulations Book. I agree not to countermand and to honor all the postdated cheques enclosed by me towards the Instalment facility / EMI facility. I understand that in case I withdraw from the program I will not be entitled to claim any refund of amount paid. I agree that I will settle the amount with the ICFAI University whether or not I continue the Program. I understand that the Jurisdiction for all disputes (if any) relating to the University is only/exclusively Agartala, Tripura. I hereby declare that the information provided by me in this form is true and correct to the best of my knowledge. My signature below certifies that I have read, understood and agree to the rules and regulations, including “Legal Aspects”, and my financial responsibilities.
Place:
Date :
Signature of the Applicant
Applicants are advised to retain a photocopy of the completed Fee Remittance Form for their records. The relevant enclosures and forms should be enclosed along with the required payments.
30
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