Department of Business Administration and Research, Shri Sant Gajanan Maharaj College of Engineering, Shegaon

Overview

The Department of Business Administration and Research offered the first postgraduate degree program in Shri Sant Gajanan Maharaj College of Engineering, Shegaon, starting in 1994. It has grown to become one of the best known Business Schools located in rural India, with a yearly intake of 60 students who can specialize in up to two disciplines (e.g. Marketing, Human Resources, Finance). It is affiliated to the nearby Sant Gadge Baba Amravati University, and also features a small PhD Doctoral program (with an intake of 4 students per year).

Over 90% of students (54 out of 60) have been placed in the most recent placement season, with a few results still awaited. The highest placement package in the 2023 placement year was INR 10.25 Lakh, awarded by IMCS Limited (Indore). The Department has seen a constant growth in placement rates, with fewer than 60% of students being placed in the 2019 placement season, growing to 90% (and counting) within a four year period. The biggest job offers usually come from financial sector majors, with HDFC, Axis, and Kotak Mahindra Bank all recruiting multiple students from campus - making it the top MBA college in Shegaon.

The placement activities are supplemented by regular live projects, summer internships, talks by eminent business personalities, and industrial visits (e.g. to the Adani Port Special Economic Zone). This structure is similar to that in the best MBA colleges in India.

Highlights

Fees

The tuition and academic fees payable by MBA students of SSGMCE Shegaon vary widely according to the category of the student as follows:

• General Category Students: INR 95,134 per year.
  • Tuition fee: INR 82,960.
  • Development fee: INR 9,540.
  • Other academic charges (including Caution Money, Insurance, and Exam Fee): INR 2,634.
• OBC/EBC Category Students + those belonging to Economically Weaker Section: INR 53,654 per year.
  • Tuition fee: INR 41,480.
  • Development fee: INR 9,540.
  • Other academic charges: INR 2,634.
• SBC/TFWS Category Students: INR 12,174 per year.
  • Tuition fee: 0.
  • Development fee: INR 9,540.
  • Other academic charges: INR 2,634.
• SC/ST Category Students: INR 2,634 per year.
  • Tuition fee: 0.
  • Development fee: INR 0.
  • Other academic charges: INR 2,634.

All fees listed above include a refundable security deposit of INR 1,000.

Living costs for MBA students of SSGMCE primarily consist of Hostel Fees, which amount to INR 25,000 per semester. This covers both hostel rent and mess fees; in addition, students must pay a refundable security deposit of INR 10,100 in their first semester; this will be returned at the end of the study period of four semesters, subject to the good behavior of the student.

Admissions

Admission to the MBA program at Shri Sant Gajanan Maharaj College of Engineering is done on the basis of the Maharashtra CET (PG) entrance examination score. The first step is to register on the MHT CET website and upload undergraduate academic transcripts and degree certificates. After appearing for the examination, a merit list is released that ranks all test takers by their overall score. Students can then enter the counseling process. There will be 3-4 rounds in this process, and successful candidates during each phase are invited to visit SSGMCE and complete the registration and fee payment formalities to confirm their seat in the College.

Students must bring the following documents (originals for verification, and two sets of photocopies for submission) when they report for admission to SSGMCE for the start of their MBA program:

• Two recent passport size photographs showing their faces clearly.
• An Acknowledgement Letter from the CET Scrutiny Center, certifying that the documents are genuine.
• Copies of the final Mark Sheets from the undergraduate degree, and detailed transcripts.
• Transfer certificate from the UG institution.
• Domicile Certificate.
• National ID Proof (Aadhaar Card or Passport).
• Original Caste Certificate (if the candidate wishes to apply via a reserved category).

Placements

The 2023 placement season was one of the most successful for the MBA students, with 90% placed in 29+ renowned companies; the process is still ongoing, so these numbers might improve further. The highest salary package offered was INR 10.25 Lakh, with other sizable offers including INR 6.6 Lakh and INR 5.16 Lakh, both by Pin Click, Mumbai. Most students (over 91%) chose to apply for jobs in third party companies, while the remainder went on to join their family businesses. The median salary for all students placed in the most recent year for which data is available (2020-21) was INR 2.8 Lakh.

The main roles for which students are recruited include Human Resources Recruiter, Assistant Manager, Business Development Executive, Sales Manager, Marketing Executive, Financial Analyst, Loan Officer, Service Manager, and Bank Relationship Manager, similar those those in the best MBA colleges in India. Some of the top recruiters in the latest placement season include HDFC Bank, Royal Enfield, Bajaj Finserv, Axis Bank, and ICICI Prudential. Therefore, students in every specialization, from Marketing to HR to Finance, can access jobs related to their field of expertise.

Cut-Offs

Admissions to the MBA program at SSGMCE are decided on the basis of the merit list ranking prepared after the MHT CET entrance test. After each round of counseling, students submit a new list of preferences, and the list of choice allotments is done on the basis of the global set of lists, and the rank of each student who picks a particular preference. Therefore, there is no pre-decided cut-off, and the lowest eligible rank for each round is only known at the time of counseling. After the students report to the SSGMCE campus for the admission formalities, the overall CET score of the last student to be allotted a seat in the MBA program becomes the final cut-off mark, and is recorded on the College website.

Faculty & Alumni

The Department of Business Administration and Research, Shri Sant Gajanan Maharaj College of Engineering, Shegaon, is home to 10 Faculty Members, of which 60% have PhD degrees. These include one full time Professor, one Associate Professor, seven Assistant Professors, and one Visiting Faculty member. The members of Faculty together specialize in all the key disciplines of business management, from Human Resources to Finance and Marketing. They also conduct research with the PhD students of the department, and take part in consultancy projects to bring in industry funds.

SSGMCE has a dedicated Alumni Portal; this provides an online opportunity for MBA graduates of the College to stay connected to their professors and current students, for mentoring and business networking purposes. The Department also organizes annual Alumni Meets. The portal also allows alumni to post job and internship opportunities, thereby further expanding the number of industrial exposure opportunities available to MBA students, and allowing them to improve their CV strength before the final placement season.

Scholarships

The average tuition fee for the MBA program in SSGMCE is much lower than in other highly ranked private institutions in India, and is also lower than many Government Business Schools. However, scholarships are still available to students of the PG program, based on both need and merit. 21 MBA students of SSGMCE Shegaon received full tuition fee scholarships from the Central and State Governments, which was approximately 15% of the total student strength of the Department. Continued award of these scholarships is subject to maintenance of strong academic performance throughout the four semesters of study.

Preparation & FAQs

The main step in selection of students for the MBA program at SSGMCE is the MHT CET entrance examination. This is a highly competitive test, and students must ensure that they attend classes to prepare for any MBA aptitude test (e.g. CAT or GMAT) for at least six months, in addition to appearing for 5-10 mock tests. Previous years’ CET papers and sample tests can be found on the MHT CET website, and should be consulted to make sure that the applicant has covered the complete syllabus during preparation. For the final interview on campus, students should work on their communication skills in English and their confidence in person.

Frequently Asked Questions (FAQs)

Q. Which is the top MBA college in Shegaon?

The Department of Business Administration and Research, SSGMCE Shegaon, has the highest rated MBA program in Shegaon, it has many features in common with the top MBA colleges in India.

Q. What should a student choose to study MBA in SSGMCE Shegaon?

The MBA program at SSGMCE Shegaon has constantly impressive placement statistics, with more than 90% of students placed in the most recent (2023) placement year. The highest job offer made was INR 10.25 Lakh.

Q. Is it compulsory for MBA students of SSGMCE to stay in the hostel?

MBA Students of SSGMCE may choose to cancel their hostel registration even after allotment. If this is done within a week of hostel admission, 90% of the hostel fee is refunded. After two months of the allotment being made public, the amount will not be refunded.

Q. If a candidate fails to submit the MHT-CET 2024 application form by the given deadline, is there any alternative?

Candidates who miss the last date for submission of the MHT-CET 2024 application form may appeal to the authorities to allow late registration. However, in this case, an additional late fee of up to INR 500 may be imposed upon the candidate.