NITIE (National Institute of Industrial Engineering), a management institute for engineers, will become an IIM to award MBAs to all students, it is likely to increase diversity and the gender ratio as well.
In addition to previous postgraduate programmes like the MBA (sustainability) and MBA (operations and supply chain management), IIM will now offer MBA programmes as well.
Currently, the institution provides a PGDIM (post graduate diploma in industrial management) and a PGDIE (post graduate diploma in industrial engineering) both need engineers to take the Graduate Aptitude Test in Engineering (GATE), and a PGDSM (post graduate diploma in sustainability management). It eventually requires applicants to take the CAT (Common Admission Test). As an effect of NITIE’s IIM name, these programmes will now be converted into regular MBA programmes.
Along with other plans, the institute is thinking about launching an executive MBA and building a fintech curriculum with the National Stock Exchange. Two hostels are additionally looking into expanding their capacity to accommodate students.
At a news conference on Wednesday on the Powai campus, director of NITIE, Manoj Tiwari declared that while the fees will increase for the institute to become financially self-reliant and independent in two years, rates won’t significantly increase. Tiwari announced some amazing news for the two batches that are already on campus and stated that they will also receive an IIM certificate upon graduation from the institute.
The following year, they will continue admitting around 550 students. “But as we increase the number of courses we offer and develop new infrastructure, we can enrol and welcome more students,” said Manoj Tiwari.
NITIE’s chairman of its council of governors, Sashi Kiran Shetty, encouraged the school to consider increasing enrollment by at least twice so that more students can benefit from accessible, high-quality management education. “Our campus is 65 acres large. Our capacity must be doubled” were the words.
Shetty also stated that they will have to raise funds from alumni and the industry in order to build more infrastructure so that more students will be able to enrol and get high-quality education.
Three MBA programmes are going to start accepting applicants for the upcoming academic year through the Common Admission Test (CAT). The institute intends to maintain the same space for new course enrollments, although its fee structure is expected to alter. The Indian Institutes of Management (Amendment) Bill 2023 received approval from both Houses of Parliament, and as a result, the NITIE will now officially be known as IIM-Mumbai.
The institute officially announced the start of its reform process on Wednesday. It will offer three courses beginning with the 2024–2025 academic year: MBA General, MBA in Sustainability Management, and MBA in Operations and Supply Chain Management. For the time being, NITIE has only provided postgraduate diploma programmes in industrial engineering, industrial management, and sustainability management for engineering graduates.
The current costs for full-time programmes vary between 6.5 to 7 lakhs rupees. After the Board of Governors’ meeting, the updated fee structure will then be decided.
The Indian Institute of Management, Mumbai will be opening the applications for new admission in the year 2024-2026.
NITIE (National Institute of Industrial Engineering), a management institute for engineers, will become an IIM to award MBAs to all students, it is likely to increase diversity and the gender ratio as well.
In addition to previous postgraduate programmes like the MBA (sustainability) and MBA (operations and supply chain management), IIM will now offer MBA programmes as well.
Currently, the institution provides a PGDIM (post graduate diploma in industrial management) and a PGDIE (post graduate diploma in industrial engineering) both need engineers to take the Graduate Aptitude Test in Engineering (GATE), and a PGDSM (post graduate diploma in sustainability management). It eventually requires applicants to take the CAT (Common Admission Test). As an effect of NITIE’s IIM name, these programmes will now be converted into regular MBA programmes.
Along with other plans, the institute is thinking about launching an executive MBA and building a fintech curriculum with the National Stock Exchange. Two hostels are additionally looking into expanding their capacity to accommodate students.
At a news conference on Wednesday on the Powai campus, director of NITIE, Manoj Tiwari declared that while the fees will increase for the institute to become financially self-reliant and independent in two years, rates won’t significantly increase. Tiwari announced some amazing news for the two batches that are already on campus and stated that they will also receive an IIM certificate upon graduation from the institute.
The following year, they will continue admitting around 550 students. “But as we increase the number of courses we offer and develop new infrastructure, we can enrol and welcome more students,” said Manoj Tiwari.
NITIE’s chairman of its council of governors, Sashi Kiran Shetty, encouraged the school to consider increasing enrollment by at least twice so that more students can benefit from accessible, high-quality management education. “Our campus is 65 acres large. Our capacity must be doubled” were the words.
Shetty also stated that they will have to raise funds from alumni and the industry in order to build more infrastructure so that more students will be able to enrol and get high-quality education.
Three MBA programmes are going to start accepting applicants for the upcoming academic year through the Common Admission Test (CAT). The institute intends to maintain the same space for new course enrollments, although its fee structure is expected to alter. The Indian Institutes of Management (Amendment) Bill 2023 received approval from both Houses of Parliament, and as a result, the NITIE will now officially be known as IIM-Mumbai.
The institute officially announced the start of its reform process on Wednesday. It will offer three courses beginning with the 2024–2025 academic year: MBA General, MBA in Sustainability Management, and MBA in Operations and Supply Chain Management. For the time being, NITIE has only provided postgraduate diploma programmes in industrial engineering, industrial management, and sustainability management for engineering graduates.
The current costs for full-time programmes vary between 6.5 to 7 lakhs rupees. After the Board of Governors’ meeting, the updated fee structure will then be decided.