Globsyn Business School, Kolkata

Overview

Globsyn Business School, Kolkata is renowned as India's Only Corporate Business School, with two PGDM programs (General Management and Business Analytics), in addition to a Global MBA program offered in partnership with Malaysia University of Science & Technology. It has a unique industry relevant curriculum and practical training program, combined with a large alumni base that works tirelessly to give back to the current students. It is one of the top MBA colleges in Kolkata.

Globsyn Business School has constantly recorded some of the best placement results in East India. For example, the highest CTC offered in the 2023 placement season was INR 23.34 LPA, and the average package was INR 7.51 LPA. The average CTC over the past few years has steadily increased by up to INR 1 LPA, and prominent recruiters include Asian Paints, Deloitte, Reliance Jio, Kantar IMRB, MRF, Kimberly Clark India, Exide Industries, and Motilal Oswal Financial Services. The mandatory 8-10 week summer internship program is unique among other Business Schools because of the Awards for the best three performers; most of the full time recruiters participate in the SIP as well.

Student life on the eight acre campus of Globsyn Business School is vibrant, with three flagship student organizations: Kalyani Youth Leadership Forum (a club where the business leaders of tomorrow work on social impact projects), Embryon (the Entrepreneurship Cell, where startup enthusiasts are mentored and ideas are incubated), and Serendipity, a unique live project platform where students from different specializations come together to organize a two day event.

Highlights

Fees

The total academic fee for PGDM students of Globsyn Business School, Kolkata, is INR 8.7 Lakh for the full course. This amount covers registration, tuition, and examination costs. The total amount is payable in 8 installments, the first of which (INR 90,000) is payable at the time of admission, with the others payable every 30/60 days. Late payment attracts a fine of INR 100 per day.

In addition, students who choose to stay on campus must pay the hostel and mess fees, and students who commute to the campus must budget for transportation fees.

Admissions

The eligibility criteria for admission to Globsyn Business School, Kolkata, are as follows:

• Applicants must hold an undergraduate degree (or be in the final year of such a course) from any recognized University in India or abroad.
• The minimum average academic performance over all UG semesters is 50% (or equivalent Grade Point Average).
• In addition, candidates must have a valid score in any of five these MBA entrance tests: CAT, MAT, CMAT, XAT, or ATMA.
• The criteria listed above are valid for admission to the PGDM and PGDM (Business Analytics) programs; however, applicants to the MBA (Global) course need not have a UG aggregate of 50% or higher; a valid degree certificate is sufficient.

The steps in the admission and application processes for all three programs include:

• Filling up the application form on the Globsyn Admissions Portal. Candidates must ensure that all the details entered are accurate, and that they attach scanned copies of supporting documents to validate their undergraduate academic performance and MBA Aptitude Test scores.
• After the application window closes, Globsyn Business School releases a shortlist of candidates based on the overall profile, primarily the entrance test percentile and academic / extracurricular record.
• Shortlisted candidates must all go through three further rounds: The Globsyn Admission Test (GAT), Group Discussion (GD) and Personal Interview (PI).
• A composite score based on four criteria (MBA entrance test, GAT, GD, and PI) is used to generate the final merit list, after which Globsyn Business School sends out final admission offer letters to the top 150 candidates on the merit list. 
• Students must confirm acceptance of their offers by paying the first admission installment of the tuition fee (INR 90,000).

Placements

As one of the top MBA colleges in India, the placement highlights  of Globsyn Business School, Kolkata are as follows: 

• The highest CTC offered was INR 23.34 LPA, and the second highest package was INR 20.14 LPA.
• More than 100 companies participated in the placement process, and made more than 1,500 job offers.
• The average CTC was INR 7.51 LPA, ensuring a strong return on investment compared to the tuition fee.
• The average fee has consistently risen over the past three years, with a 50% increase in 2023 over the 2020 placement season.
• Prominent recruiters in the 2023 placement season included Asian Paints, Bandhan Bank, BuyerForesight, Ernst & Young, Federal Bank, IDFC First Bank, Kantar, Pantaloons, PhonePe, PwC, Reliance Jio, Tata AIG GI, UTI Mutual Funds, and Vodafone Idea.
• New recruiters are constantly inducted into the placement process; for example, 2023 saw the addition of Deloitte India, Kimberly Clark, Exide Industries, Marico, and Motilal Oswal Financial Services.
• Banking, Financial Services & Insurance jobs accounted for the highest proportion of all the offers made (28.3%), followed by Consulting & Business Services, with 21%, and Fintech, with 14.8%.
• Globsyn Business School organizes a strong Summer Internship Program (SIP), where first year students spend 8 t0 10 weeks in prominent corporations (for example, the Big 4 consulting firms), with Awards for Excellence in SIP given to the three best project presentations.
• The Corporate Relationship Program (CRP) at Globsyn works with blue chip recruiters to maintain a long term placement partnership, and incorporates the Placement Cell to organize training and interview activities.

Cut-Offs

The PGDM and PGDM (Business Analytics) programs at Globsyn Business School require applicants to have a minimum aggregate of 50% averaged across all undergraduate semesters. However, the MBA (Global) course does not have any cut-off based on UG academic performance, and only a pass certificate is required. In addition, none of the three programs mandates any entrance test cut-off in advance; all applicants with valid scores may participate in the admission process, though only the top few are shortlisted.

Faculty & Alumni

Globsyn Business School, Kolkata is home to 21 full time Faculty members, who specialize in different areas, including Operations Management, Supply Chain, Labor Law, Marketing, Economics, Financial Management, Accountancy, Digital Transformation, Blockchain, Risk Management, Strategy, and Entrepreneurship. It also has one Adjunct Faculty member. They are supplemented by a high-powered cohort of distinguished industry veterans who serve as Visiting Faculty members, numbering eight in all.

The Alumni Network of Globsyn Business School boasts more than 3,500 successful business leaders across the world. Some senior roles achieved by Globsyn alumni include the Head of Human Resources at Flipkart, the Senior Manager of Corporate Affairs at ITC Limited, and the Director (South Asia) at Kantar IMRB. The School maintains strong ties with its distinguished alumni through regular guest lectures, mentorship opportunities, internship hiring, and donation drives. There are also several virtual and physical events every year where alumni and students can meet for professional networking.

Scholarships

As in other top MBA colleges in India, there are multiple financial aid options available to students of Globsyn Business School, Kolkata. There are two main scholarship programs:

1. Kalyani Scholarships: These are intended for students from economically disadvantaged backgrounds. Seven students in each batch are selected, and the scholarship entails a 100% tuition fee waiver; only the admission fee needs to be paid. This is a merit cum means scholarship, with stringent academic criteria:

• At least 75% aggregate in the Standard X and XII Board Examinations.
• Undergraduate aggregate above 60%.
• MBA entrance test percentile above 80 (e.g. in CAT or MAT).
• Supporting certificates of academic and extracurricular awards.

In addition, the family income of the student must not exceed INR 8 LPA; an attested income certificate must be submitted. The final round of selection entails an interview before the Scholarships Committee, after which the final list is sent to the Globsyn Director.

2. Outstanding Achievers Scholarships: This is a financial aid scheme for students who display excellence in sports, art, and other cultural activities. Six students are awarded the scholarship every year, 3 each in sports and culture. The amount is the same for all students: INR 1 Lakh. Sports awardees must have achieved substantial recognition at the state or national level; cultural awardees must have regional or national awards in any of these disciplines: dance, drama, debate, quiz, and music. The parental income must fall below INR 8 LPA, and continued award of this scholarship is subject to maintenance of a GPA above 5.0 by the student.

Preparation & FAQs

The main differentiating factor in admission to the PGDM and MBA programs at Globsyn Business School is the performance in the student's chosen entrance test. Depending on the exam chosen, students should spend at least 6-12 months preparing through classroom coaching sessions or attempting virtual test series. They should also purchase and attempt mock tests in the months leading up to their chosen examination dates.

Frequently Asked Questions (FAQs)

Q. Which is the best Business School in Kolkata?

Globsyn Business School, Kolkata, is one of the best MBA colleges in India, and is a contender for best Business School in Kolkata. It is ranked #34 among all Private Business Schools in India, according to the IIRF 2024 ranking list.

Q. What is the advantage of the MBA (Global) program at Globsyn Business School?

The MBA (Global) program, which is offered in collaboration with Malaysia University of Science and Technology (MUST) has a unique Global Immersion Program, which allows students to understand how international business works through real life case studies that are specifically tailored to train the global managers of tomorrow.

Q. What professional certifications and training programs are organized for PGDM students of Globsyn Business School?

Globsyn Business School has created its trademark Knowledge Finishing School, through which graduating PGDM students are made ready for the IT Consulting industry through a series of guest lectures and simulation workshops.

Q. What internship opportunities and stipends are available to PGDM and MBA students of Globsyn Business School?

In addition to a strong summer internship program featuring all the recruiters who participate in the final placement process, PGDM students can also leverage the Globsyn Apprenticeship Program, where companies can offer paid remote work opportunities throughout the year. This is in contrast to most other Business Schools, where live projects are usually short term and unpaid. Through the Apprenticeship Program, students can explore multiple industries before settling on one sector during the final placement season.

Q. Which specializations are available to PGDM and MBA (Global) students of Globsyn Business School?

Globsyn Business School has six Schools of Excellence that correspond to its PGDM specializations: Finance, Marketing, Human Resources, Information Systems, Operations Management, and Business Analytics.