Department of Management, DKTE Society’s Textile & Engineering Institute Ichalkaranji, Kolhapur

Overview

DKTE Society’s Textile & Engineering Institute Ichalkaranji, Kolhapur, is home to the Department of Management, which is affiliated to Shivaji University. The Department offers two MBA programs (General and Textile Management), with 10 different specializations, including Marketing, Human Resources, Finance, International Business, Agriculture, and Family Business Management. Both MBA programs last four semesters, with 240 total students. The main advantages of the Department include ten highly qualified faculty members, modern technology enabled classrooms, an active Industry Interface, reliable placement records, and a language lab to help students nurture their soft skills.

The placement record of the MBA Department of DKTE has been consistently good, with the last four years exhibiting 83%, 80%, 88%, and 88% of students placed, respectively. Some of the top recruiters are ICICI Bank, Airtel, D-Mart, JustDial, Birla Sun Life, and IndusInd Bank. The highest and median salaries offered in the latest placement season (2022-23) were within 20% of each other: INR 3.5 LPA and INR 2.8 LPA, respectively. The strong MBA placements are a consequence of the frequent industrial training workshops organized by the Faculty members and alumni of the Department.

The MBA Department of DKTE has a vibrant student club culture, with frequent extracurricular and industry interaction events, seminars, workshops, and invited talks. The main event organized by the Department is ManEDGE, an intercollegiate management festival with five different competitions: Smart Investor, a Sales Pitch contest, a Human Resources simulation, a Business Plan competition, and a Business Quiz.

Highlights

Fees

The annual tuition fee for MBA students of DKTE is INR 93,500. This is valid only for domestic students; in addition to tuition fees, they must also budget for hostel fees and mess costs, if they choose to stay on campus in the hostel.

The living costs for international students in the MBA program are higher. The annual hostel and mess fees are INR 65,000. They must also pay one-time charges of INR 17,000 for State Government Registration and Equivalence Certificates, in addition to a security deposit of INR 3,000.

Admissions

The eligibility criteria for admission to the MBA program at the Department of Management, DKTE Society’s Textile & Engineering Institute Ichalkaranji, Kolhapur, are as follows:

• The candidate must hold a Bachelor’s degree with minimum duration 3 years from any recognized Institution in India or abroad.
• The average percentage during all the years of UG study must exceed 50%, or its equivalent Cumulative Grade Point Average. This is relaxed to 45% for reserved category candidates and persons with disabilities. This rule is also used in many of the best MBA colleges in India.
• The qualifying entrance examination differs according to whether the applicant is from Maharashtra or not:
  • Candidates from Maharashtra must submit a valid Maharashtra PGCET MBA examination score and associated rank.
  • Candidates who are not from Maharashtra may submit any of these scores: CAT, GMAT, MAT, ATMA, XAT, or CMAT.

Admissions to the MBA program at DKTE are done on the basis of the Maharashtra CET score and counseling process. 80% of seats are filled through the centralized process, and the institute can fill the remaining 20% through the management quota. The seat allocation and counseling process starts after the CET results are announced, and the process takes place over 3-4 rounds. The authorities scrutinize the documents of all candidates on campus after they are allotted seats in DKTE, and may choose to add a Group Discussion or Personal Interview selection round from time to time.

Placements

The percentage of all MBA students receiving at least one job offer during the on-campus placement process in DKTE has consistently been above 80%, with the pre-pandemic average being 88%, and the post-pandemic number settling at a respectable 83%. Some of the major recruiters include:

• Major Banks in India: Axis, IndusInd, and ICICI Bank.
• Financial Services firms: Karvy Stock Broking, Birla Sun Life, Muthoot FinCorp, Tata AIG Insurance.
• Retail and e-commerce companies: JustDial, Siyaram’s, Cult.Fit.
• Other large corporations: Airtel, D-Mart, Gallagher.

In the 2022-23 placement season, 31 students were offered the highest job package of INR 3.5 LPA, with 97% of them being placed at D-Mart, either in Navi Mumbai or Pune. The median salary was INR 2.8 LPA, Other major placement locations were Kolkapur and Satara, with 64 total job offers made during the placement season. It is mandatory for all students to complete at least 50 days of industrial training to satisfy their summer internship requirements, similar to the rule in the best MBA colleges in India.

57 companies are involved in organizing training sessions for students of different specializations in the MBA Department of DKTE every year. For example, the Kolhapur branch of Sharekhan sets up workshops for the Finance students, and this is also an opportunity for current students of DKTE to secure live projects and internships. The industrial and textile specializations also have industry visits to factories and manufacturing units in the local area, ensuring that there is corporate social responsibility inculcated in the students from the beginning of their MBA studies.

Cut-Offs

The only cut-off during the admission process to the MBA program at DKTE is the requirement related to Undergraduate aggregate. General category candidates with an aggregate below 50% (or reserved category applicants with an average percentage below 45%) will not be allowed to apply. There is no minimum rank or score required in the qualifying entrance examination (CAT, PGCET, XAT, etc); however, the candidate must complete all the requirements and receive a valid rank to be able to apply to DKTE. In addition, a better rank always implies a higher chance of receiving an admit offer from the Department.

Faculty & Alumni

The Department of Management, DKTE Society’s Textile & Engineering Institute Ichalkaranji, Kolhapur, is home to 10 experienced Faculty members, of which 9 are Assistant Professors. 90% of the Professors have Doctoral degrees, and the most experienced Faculty member has more than 35 years of teaching experience. They are experienced (through their teaching and industry work experience) in all 10 specializations of the Department, thereby ensuring that they can guide students adequately as they prepare for job placements.

14 batches have graduated from the Department since its inception, with over 1,000 alumni employed in middle management and senior roles in Finance, e-commerce, and Textile industry majors. Alumni of the College frequently visit the campus to interact with current students for the purposes of training, networking, and internship selection. The DKTE Alumni Association organizes large events like the annual Alumni Meet and smaller, more frequent events like domain-specific conferences and assistance to the Department in raising funds for new infrastructure.

Scholarships

There are five categories of scholarships available to MBA students of DKTE Ichalkaranji:

• E-Scholarship: This is awarded by the Government of Maharashtra, to eligible students from the SC, OBC, SBC, and VJ categories.
• E-Scholarship (tribal): Only students from the ST category are eligible for this tuition fee scholarship.
• DTE Maharashtra Scholarships: These are a collection of financial aid options by the state Government to students based on need.
• Merit cum Means Scholarships: These are awarded by the Government of India.
• Central Sector Scholarships.

Preparation & FAQs

The main component of application to the MBA program at DKTE is the qualifying entrance examination: depending on whether the candidate is from Maharashtra or outside it, the exam is either the Maharashtra PGCET or any one of the CAT, XAT, CMAT, GMAT or MAT. Students should attend a classroom or online coaching series for their exam of choice, and ensure that they work out a sufficient number of questions in topics that are challenging. Close to the exam date, time management is key, and this can be mastered by purchasing mock test series for the chosen entrance test, and making sure that they can expect a high rank for the counseling process.

Frequently Asked Questions (FAQs)

Q. Which is the best Business School in Kolhapur?

The MBA program at DKTE, Ichalkaranji, is among the top MBA Colleges in Kolhapur, and is ranked #119 in India according to the IIRF list of top MBA colleges in India.

Q. Which are the different specializations available to MBA students of DKTE Ichalkaranji?

There are 10 different MBA specializations in DKTE: Finance, Marketing Management, Human Resources, IT and Systems Management, Industrial Production, Agricultural Business, Textile Management, Healthcare and Hospital Leadership, and Family Business Management.

Q. What is the average placement package for MBA graduates of DKTE Kolhapur?

The median salary package during the placement season of 2022-23 was INR 2.8 LPA, which was 80% of the highest salary offered (INR 3.5 LPA), ensuring an equitable level of success across the entire batch.

Q. What internship opportunities are available to MBA students of DKTE Kolhapur?

It is compulsory for MBA students of DKTE to complete a two month summer internship during their course, with at least 50 working days. The Placement Cell ensures internship opportunities for all students, with many recruiters common with the pool of companies that hire from the College for final placements.