Dept. of Management, Hindusthan College of Engineering & Technology (HICET), Coimbatore

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Overview

The Department of Management Sciences, Hindusthan Institute of Technology (HICET), Coimbatore, has offered the MBA degree program since 2005, affiliated with Anna University in Chennai. The two year full time MBA program offered by HICET has 13 different specializations, including Marketing, Finance, Human Resources, Entrepreneurship Development, Business Analytics, Travel & Tourism Management, Healthcare Management, Agribusiness Management, and Operations / Systems Control. Students are also allowed to diversify their professional portfolios through external certifications facilitated by the Institute, including courses from IIM Bangalore, Coursera, and NPTEL.

The Institute also supports students who wish to pursue startup careers through the Entrepreneurship Development Cell. This department provides assistance and mentorship to aspiring entrepreneurs on how to refine their business plans and access funding opportunities through external organizations. Through this, the Institute carries forward the Hindusthan educational group’s mission of furthering job creation in India. Student life on the HICET campus is vibrant and active, with multiple startup events, cultural festivals, technical competitions, and facilities for both indoor and outdoor games. The Institute is home to 30,000 square feet of hostel space, with more than 600 rooms, and space for 1,500+ students to dine.

HICET is well known for its robust placement record, with multiple blue-chip companies recruiting MBA students every year, including Oracle, Muthoot Finance, IndusInd Bank, Byju’s, and Swiggy. Students of all the MBA specializations can look forward to relevant jobs in their field of interest, from Business Development Executives to Information Technology Consultants, and Management Trainees to Digital Marketing Associates.

Highlights

Fees

The tuition fee for MBA students of HICET, Coimbatore, is lower than in most other private Business Schools in the country, even though it is one of the best MBA colleges in India. The amount payable is INR 55,000 per year. Students must also budget for registration and placement fees, and living costs, including hostel and mess fees.

Admissions

The MBA program at Hindusthan Institute of Technology, Coimbatore, is affiliated with Anna University. Therefore, the application and administration processes are supervised by AU, through its city arm (Association of Management of Coimbatore Anna University Affiliated Colleges). The prerequisites are as follows:

• Applicants must hold a valid Bachelor’s degree of at least three years’ duration in any discipline.
• Candidates must have a minimum aggregate across all years of UG studies of at least 50%. This is relaxed to 45% for reserved category applicants.
• Candidates must submit a valid score on the TANCET, MAT, or CAT.

The TANCET application process has the following main steps:

• Registration: The first step is to visit the TANCET page on the Anna University website. After clicking on the “Apply for TANCET” link, students must enter their name, date of birth, contact details, and complete registration by choosing a login password.
• Filling up the application form: Applicants must fill their personal and academic details (up to undergraduate level).
• Choosing the Exam Within TANCET 2024: The website allows applicants to choose the MBA entrance.
• Paying the application fee: This is INR 1,000 for General Category MBA applicants, and INR 500 for SC/ST candidates.
• Counseling: Applicants must fill their choice list on the TANCET website after the results are declared. They will be able to join HiCET and pay the registration fees if they are allotted the Institute during any of the 3-4 rounds of counseling.

Placements

HICET is home to the Campus to Corporate Employability Program, which aims to get every student ready for industry requirements. This takes the form of a practical component in the MBA curriculum starting from the first course in the first semester. In addition, during the second and third semesters, there are additional sessions organized to ensure that the students are ready for the placement process, including mock interviews, group discussions, and aptitude tests, often conducted by leading Human Resources professionals, who are well informed about what companies look for during the hiring process. Infosys and Nasscom both run Campus Connect programs to ensure placement readiness. The Institute also organizes summer and winter internships, live projects, and project work during the final year, so that there is practical exposure that will stand the students in good stead when they enter the corporate world.

Some of the prominent companies that recruit MBA graduates from Hindusthan Institute of Technology, Coimbatore, are IBM, Canara Bank, Byju’s, Swiggy, State Bank of India, Muthoot Finance, JSW Steel, Oracle, CareerNet Consulting, Hexaware Technologies, and Parle. They span several different industry sectors, from Financial Services to Business Consulting, and IT Management Operations to Fast Moving Consumer Goods. The highest placement package of INR 6 LPA was offered to 3 students by Zolostays Property Solutions Pvt. Ltd.

Cut-Offs

TANCET 2024 cut-offs for different Institutes are not decided in advance; they are decided after each round of counseling, based on the number of candidates interested in MBA in each college and the marks scored by the last candidate who is offered an MBA in HiCET. If some students drop out of the process, more applicants are allowed in, and the cut-off drops further. The final cut-off is published at the end of the process.

Faculty & Alumni

The Faculty members of Hindusthan Institute of Technology, Coimbatore, seek to ensure corporate readiness for all students through classroom and additional training, with a strong practical component. There are five Faculty Members attached to the MBA department, with one full Professor, two Associate Professors, and two Assistant Professors. The laptop and WiFi enabled classrooms allow the students to use real time IT tools to get the maximum benefit out of their theoretical education.

Candidates who study MBA at HICET Coimbatore also have the opportunity to upskill themselves through external certificate programs taught by nationally and internationally renowned faculty members. For example, HiCET offers programs in association with IIM Bangalore (IIMBx), Coursera, NPTEL, IIBF, and GAFA.

The Alumni Association of HiCET Coimbatore works to maintain strong ties between graduates of the Institute (similar to the best MBA colleges in India) and the current students and Faculty members. The main functions are:

• To create a platform to facilitate networking among alumni and between the alumni and the Institute.
• To assist students from financially weak sections of society with scholarships and funding aid.
• To create long term funding options through alumni endowments and charitable scholarships.
• To create options for alumni to leverage each other’s professional connections for lifelong career opportunities.

Scholarships

MBA students of Hindusthan Institute of Technology, Coimbatore, can avail of scholarships in three main categories:

1. Institute Scholarships: The Institute offers 15 types of scholarships under this category; 10 within the Academic umbrella, and 5 within sports. Some of the highlights are:

• Full tuition fee waiver for either Tamil Nadu State toppers or highest rankers at district level, and for students with an aggregate between 190 and 200 in the Tamil Nadu State Standard 12 Examination.
• 25% tuition fee reduction for students who perform well on a talent test conducted by a recognized body or by HiCET.
• 30% tuition fee reduction for meritorious girl students.
• Between 50% and 100% tuition fee scholarships for MBA students who completed their undergraduate studies from any Hindusthan group institution, based on the UG aggregate percentage.
• 100%, 75%, or 50% tuition fee reduction for sports achievement at international, national, and state levels respectively.

2. Government Scholarships: There are two levels of Government Scholarships available to MBA students of HiCET: Central and State. Most Central Government Scholarships assist students from various reserved categories. The primary State financial aid option is the TN Government Scholarship, which identifies and awards tuition fee waivers to needy students who display high academic potential.

3. NGO Scholarships: These are awarded by private trusts, primarily to students from disadvantaged socio-economic backgrounds. Some of the bodies which award these scholarships are the Gandhiji Memorial Foundation, Agaram Foundation, Sitaram Jindal Scholarship, and Shanthi Social Services.

Preparation & FAQs

The TANCET entrance examination for MBA applicants has 100 questions to be answered, with 25 each testing verbal aptitude, general knowledge, quantitative aptitude, and logical reasoning. Candidates should solve previous years’ exam papers and use online resources to prepare for different sections. For example, verbal reasoning can be mastered by studying word lists and solving 500 to 1,000 questions on sentence correction, paragraph reading comprehension, etc. Students who choose to submit CAT or MAT scores instead of TANCET should attend coaching classes and solve CAT mock tests to ensure a high percentile score.

Frequently Asked Questions (FAQs)

Q. Which is the best Business School in Coimbatore?

Hindustan Institute of Technology, Coimbatore  is home to one of the best MBA colleges in Tamil Nadu, and is one of the contenders for the best Business School in Coimbatore. It is ranked #122 in India in the latest IIRF Rankings of top MBA colleges in India.

Q. What is the ranking of the MBA program in Hindusthan Institute of Technology, Coimbatore?

In addition to the #118 spot in the Private Business School Ranking by NIRF in 2023, HiCET is ranked #13 in Tamil Nadu by Open Magazine, and #59 among private Business Schools in India by the Times B-School ranking. It is also ranked #7 in Tamil Nadu by Education World.

Q. What extracurricular activities are organized by the Management Department of HiCET Coimbatore?

In addition to academic events, the MBA students and Faculty members of HiCET Coimbatore also organize extracurricular events, with 17 Guest Lectures / Webinars, 3 Workshops, and 1 Faculty Development Program in the most recent academic year for which data is available.

Q. What facilities are available to help startup enthusiasts who study MBA at HiCET Coimbatore?

The Entrepreneurship Development Cell (EDC) at HiCET Coimbatore provides mentorship and guidance to students who wish to translate their business plans into economically viable entities. It also offers support for Institute members who wish to apply for funding, either from venture capital firms or from financial institutions.