School of Management, Avantika University, Ujjain

Overview

Avantika University (School of Management), Ujjain, is a rapidly growing Business School in Madhya Pradesh. As a premier design-thinking university affiliated with MIT Pune, it offers several undergraduate and postgraduate degree programs, including BBA, MBA, PhD in Management, and Integrated BBA + MBA. Student projects (both course-related and industry defined problems) are integral parts of the Avantika University experience; the experienced faculty members of the School encourage practical problem solving and interdisciplinary collaboration. For example, marketing and international business students conduct a PESTEL analysis of major economies across the world.

Avantika University has built up a strong placement structure in less than a decade. The highest CTC offered to a management student in the latest placement season was INR 7.5 LPA, and the recruiters include prominent startups, large corporates, and logistics companies. The Career Services team at the University organizes interactive sessions, workshops, and resume reviews. It also works on soft skills training and invites companies to the campus for their annual internship and placement drives.

There are seven student clubs at Avantika University which are open to BBA and MBA candidates: photography, art (Rangnaad club), robotics, filmmaking, cycling, gaming, and birding. The University Student Council coordinates all extracurricular and sports events and provides a voice for students in negotiations with the management. Every first year student can choose a senior student as his or her mentor; this arrangement allows knowledge transfer related to choices of specializations, project work, personal issues, and academic performance. Institute and student-run events are organized on a weekly basis, from drives for global causes (e.g. Anti-Tobacco Day) to sustainable workshops to fundraising events at the Avantika Innovation and Incubation Center. 

Highlights

Fees

The academic fee for management students of Avantika University has three components:

• MBA: INR 2.74 Lakh for the full program for Indian students:
  • Tuition fee: INR 2.25 Lakh.
  • Development fee: INR 33,000.
  • University fee: INR 16,000. NRI, OCI, PIO, and foreign nationals pay 1.5 times the fees on each of the parameters listed above.
  • Refundable one time security deposit: INR 10,000.
• BBA: INR 1.64 Lakh for the full three year program for Indian students:
  • Tuition fee: INR 1.2 Lakh.
  • Development fee: INR 18,000.
  • University fee: INR 16,000. 
  • Registration fee: INR 10,000. NRI, OCI, PIO, and foreign nationals pay 1.5 times the fees on each of the parameters listed above.

The living costs have the following components:

• Hostel fee: INR 65,000 per year (triple occupancy) to INR 1.15 LPA (single occupancy).
• Mess fee: INR 1.1 LPA.
• Hostel Security Deposit: INR 10,000; this will be refunded to graduating students who have not caused any harm to Institute property.

Admissions

The eligibility criteria for admission to Avantika University (School of Management), Ujjain, are as follows:

• BBA (and BCom):
  • The applicant must have completed his/her 10+2 Examination from any recognized Board in India (e.g. CBSE, ISC, IB, NIOS). Students in the final year may also apply.
  • The candidate must be proficient in English.
  • The aggregate of the best four subjects in the Standard XII Board Examination must be at least 50%.
  • No UG entrance examination scores are required.
• MBA:
  • The candidate must have a minimum of 15 formal years of education, 10+2 in school, and at least three years of undergraduate studies culminating in the successful award of a degree.
  • The applicant must have an aggregate of 50% or higher across all subjects in the undergraduate semester examinations.
  • The candidate must be proficient in English.

The admission and application process has seven steps:

• Visiting the Avantika University website and checking the latest course details and eligibility criteria.
• Filling up the online application form and attaching soft copies of all required documents, including identity proofs and academic transcripts.
• Shortlisted candidates must appear for the final Personal Interview round.
• The School of Management sends out offer emails to candidates who make it to the merit list.
• Candidates must accept their offers by the prescribed final date.
• Students who accept offers must pay the first year’s fees.
• Finally, the academic registration process is required before the candidate can start attending classes.

Placements

As one of the top MBA colleges in India, the placement highlights of Avantika University (School of Management), Ujjain, are as follows: 

• The highest CTC offered during the most recent placement season was INR 7.5 LPA, achieved by two students who were placed in Career Mantra.
• In contrast with many other private MBA colleges ranked in the top 60 in India, most of the recruiters from the School of Management, Avantika University, are startups. For example, NoBroker, Tatvic Analytics, Career Mantra, and Planet Spark all recruited multiple students in 2023.
• The Career Services team facilitates the professional development of management students of Avantika University by organizing training sessions, workshops, and interactive sessions with industry experts.
• It also fosters the spirit of entrepreneurship through mentorship and funding opportunities.
• Finally, the Career Services team provides an interface with startups and corporates, and ensures that there is a ready supply of high quality internship and full time job offers.

Cut-Offs

The only cut-off for admission to the BBA and MBA programs at Avantika University is based on the average percentage over all semesters of the UG degree (or equivalent CGPA). This must exceed 50%. There are no cut-offs for the Personal Interview or MBA entrance test rounds; they are decided at the end of the process, and depend upon the level of performance of all the shortlisted students.

Faculty & Alumni

Avantika University (School of Management), Ujjain, is home to 8 highly qualified full time Faculty members. Of these, one is a full Professor, two are Associate Professors, four are Assistant Professors, and one is an Academic Associate. They specialize in different fields of study, including Marketing, Finance, Data Science, Business Analytics, Organizational Behavior, Human Resource Management, International Business, and Management.

The Official Alumni Network of Avantika University maintains an online Alumni Connect portal. This has a detailed Business Directory where graduates of all Schools of the University from all years can search for others who have similar interests. It also has an Alumni Assist section where current students can view internships and live project opportunities floated by alumni working in different companies, while also providing mentorship opportunities. Finally, alumni success stories are regularly shared on the portal, ensuring that BBA and MBA students have ready access to inspiring content.

Scholarships

As in other top MBA colleges in India, there are multiple financial aid options available to students of Avantika University (School of Management), Ujjain. The main scholarships are:

1. MBA Academic Merit Scholarship: This is offered in three tiers as follows:

• 100% tuition fee waiver for Year 1: For students with GMAT scores above 600, or CAT/MAT percentiles above 85.
• 50% scholarship: GMAT score between 550 and 600, or CAT/MAT percentile between 80 and 85.
• 25% scholarship: GMAT score between 450 and 550, or CAT/MAT percentile between 75 and 80.

2. BBA and BCom Academic Merit Scholarship: This is based on the overall aggregate in the Standard XII Board Examination. Certain subjects are excluded from the aggregate computation: physical education, vocational subjects, fine arts, performing arts, and non-written subjects.

• 100% tuition fee waiver for Year 1: Aggregate above 95% (or equivalent).
• 50% scholarship: Aggregate between 85% and 95%.
• 25% scholarship: Aggregate between 70% and 85%.

3. Ved Vyas Scholarship: This is awarded throughout all three years of the BBA program, to exceptional achievers. The topper in any board will be given a full tuition fee waiver, the second rank holder a 75% scholarship, and the third rank holder 50%.

4. Vikram Scholarship: This is a merit cum means scholarship for BBA students who score above 80% in their Standard XII Board Examination. There are four tiers based on family income:

• Less than INR 4 LPA: 100% tuition fee waiver.
• Between INR 4 LPA and INR 6 LPA: 75% tuition fee reduction.
• Between INR 6 LPA and INR 8 LPA: 50% scholarship.
• Between INR 8 LPA and INR 10 LPA: 25% scholarship.

5. Arjun Scholarship: This financial aid option is meant for exceptional sports achievers, and has four tiers:

• International medal winners: 50% tuition fee reduction.
• National medal winners: 35% scholarship.
• International tournament participation: 25% scholarship.
• National tournament participation: 15% scholarship.

6. Ashoka Scholarship: This is the sole scholarship that is based on performance during the program; excellent performers in academics and extracurricular activities may apply after the first year, and will be given a 50% tuition fee scholarship.

7. Madhya Pradesh Government Scholarship: Students from the SC, ST, and OBC categories whose family income does not exceed INR 3 LPA will be given a variable tuition fee scholarship by the MP State Government.

Preparation & FAQs

The main factor based on which students are shortlisted for management degree programs at Avantika University is the percentage aggregate in the qualifying examination. Students should choose their best subjects strategically to improve their chances of being shortlisted. To prepare for the Personal Interview round, MBA aspirants must practice their English communication skills, and carefully script points to explain their academic and extracurricular achievements. Students who are not confident about their public speaking skills should attend classes to improve their confidence and their ability to communicate in an organized manner.

Frequently Asked Questions (FAQs)

Q. Which is the best Business School in Madhya Pradesh?

Avantika University (School of Management), Ujjain, is one of the best MBA colleges in India, and is a contender for best Business School in Madhya Pradesh. It is ranked #64 among all Private Business Schools in India, according to the IIRF 2024 ranking list.

Q. Which specializations are available to BBA and MBA students of Avantika University (School of Management), Ujjain?

BBA and MBA students of Avantika University (School of Management), Ujjain, can choose from among the same six specializations: Marketing Management, Finance, Human Resource Management, International Business, Supply Chain Management, and Business Analytics.

Q. What are the advantages of the integrated MBA program offered by Avantika University (School of Management), Ujjain?

The Integrated MBA program offered by Avantika University (School of Management), Ujjain, is designed to be completed in ten semesters, with the full coursework and project exposure from both the BBA and MBA programs. The main advantage is that undergraduates do not need to complete an MBA entrance test after three years; they get admission directly to the five year integrated program, and receive two degrees at the end.

Q. What international exposure opportunities are available to BBA and MBA students of Avantika University (School of Management), Ujjain?

Avantika University has 13 active collaborations with international universities, including Wentworth Institute of Technology, University of Limerick, Ireland, and Marywood University. Through these, BBA and MBA students may apply for exchange programs and project opportunities.