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Thursday, May 25, 2006

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New MBA course finds industry acceptance

Deepak Goel

26 cos turned up to make 42 offers for 38 students

New Delhi , May 24

With an average salary of Rs 7.5 lakh per annum and a highest domestic salary of 14.5 lakh per annum, the first batch of the Management of Services (MS) course of the Faculty of Management Studies, Delhi University, has found industry acceptance.

The two-year fulltime MBA programme offers parallel specialisation in functional areas such as finance, marketing and operations as also in key service sector verticals such as hospitality, aviation and healthcare.

To recruit the first batch, 26 companies turned up at the campus to make 42 offers for the 38 students. The companies included HSBC, Deloitte, E&Y, Max New York Life, Crisil, HP, Kingfisher Airlines, Infosys, Genpact, Prudential PLC and DHL, among others.

On the need for a services-focused course, Dr Mala Sinha, Placement Advisor-MS programme said, "The traditional MBA course focuses more on the old economy and on the manufacturing sectors. With the booming services sector, a new course was needed that offered specialisation in services areas."

"Part of the curriculum is seminar based, where the students learn not just from one faculty but from various industry experts," said Dr Sinha.

The course offers dual specialisation in core functional areas and also dual sectoral specialisation. The service verticals currently offered for specialisation include financial services, healthcare, IT and ITES, aviation, public services and hospitality and transportation services. "We plan to expand the pie of the services sector to include sunshine sectors like retail, education, NGOs among others," said Dr Sinha.

Even the current batch has recorded 100 per cent summer placements with the students working for companies such as AMEX Financial Services, Apollo Lifestyle and Healthcare and Wipro, among others. The average stipend for the students stands at around Rs 10,000 per month.

The college plans to increase the annual intake of students that currently stands at 40, said Dr Sinha.

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