Maharishi University of Management and Technology, Bilaspur

Overview

Maharishi University of Management and Technology (MUMT), Bilaspur, is one of the top 20 Emerging MBA Colleges in India, and is located in Chhattisgarh, the first private B-School to be set up in the state. It offers several management, commerce, and computer applications degree programs, including BBA and MBA, though the total number of courses offered is 49. MUMT has several unique aspects, including the Transcendental Meditation technique created by Maharishi Mahesh Yogi which is taught to all students. This enables them to be at their physical and mental peak while appearing for exams and studying.

The academic program emphasizes critical thinking and industrial readiness through a mixture of innovative learning techniques, including lectures, group discussions, reading comprehension, written assignments, and feedback review sessions. These are organized along the lines of final placement selection rounds, and allow students to master all the tools of career success. Therefore, the process of preparation for internships and placement starts in the classroom, and practical applications are intricately linked with academic activities at MUMT.

In addition to its academic programs and co-curricular activities like guest lectures and seminars conducted by distinguished alumni, MMUT Bilaspur enhances the all-round development of its students through prevention oriented health education. There are daily meditation sessions, supplemented by a rigorous course on Research Consciousness that all management students can benefit from as they prepare for a career in the world of business leadership. In keeping with the overall mission of the University, discipline is enforced strictly, and students are expected to adhere to all the rules laid down by MMUT, from dress code to conduct in academic spaces.

Highlights

Fees

The tuition fees for the management programs offered by Maharishi University of Management and Technology, Bilaspur, are:

• BBA: INR 28,000 per year.
• MBA: INR 1 LPA.
• Diploma in Human Resource Management: INR 30,000 per year.
• Diploma in Securities & Portfolio Management: INR 50,000 per year.
• PG Diploma in Business Management: INR 24,000 per year.

These amounts also include academic fees other than direct tuition charges; they cover examination charges, registration fees, placement and career training costs, usage of the library, sports facilities, and computer labs, and refundable caution deposits paid to the University and the hostels.

Non-tuition academic fees for BBA and MBA students of Maharishi University of Management and Technology, Bilaspur, include:

• Examination fee: INR 450 per semester.
• Change of course fee: INR 500 (one time, based on acceptance of a written request).
• Admission processing charges (for ineligible students who wish to leave MUMT): INR 100.
• ID card replacement fee: INR 25.
• Duplicate mark sheet issuance charge: INR 250.
• Provisional certificate charges: INR 250.
• Caution Deposit for all programs (refundable at the time of graduation from MMUT if the candidate displays good conduct throughout): INR 1,500.

Students are allowed to pay their semester fees in three equal installments: one at the beginning of the academic session, and the other two in alternate months after the classes start. Finally, students who choose to stay in the hostel must pay boarding and mess fees directly to MMUT; candidates who live at home and commute to the University daily must budget for transportation fees.

Admissions

The eligibility criteria for admission to Maharishi University of Management and Technology, Bilaspur, are as follows:

• BBA:
  • The applicant must have completed 10+2 studies in any stream, with Standard X and XII certificates awarded by any recognized Board of Secondary Education in India or abroad.
  • There are no minimum marks or grades specified at the Standard XII level. However, if there are more applicants than seats to be filled, the merit list will not feature all the candidates who apply.
  • Candidates may apply before their Board Examination results are declared. However, their final joining will be subject to submitting the final pass certificate, and the University may impose an academic cut-off at the time of final verification, if any BBA aspirants with a higher percentage were rejected earlier.
• MBA and PGDBM:
  • The applicant must hold a Bachelor’s degree of at least three years’ duration from a recognized Institution of Higher Education, in any discipline. Students in the final year of such a degree may also apply, provided that they submit their final degree certificates and transcripts before they join the PGDM course.
  • There is no minimum aggregate specified over all UG semester examinations; all students who have been awarded degrees are allowed to apply.
  • Similarly, it is not compulsory for students to submit entrance test scores during the time of admission to MMUT, although this may enhance the strength of the application.
• Professional Diplomas offered by the Department of Management require students to hold a 10+2 pass certificate. The other entry requirements are the same as those for BBA programs.

All students who wish to apply to Maharishi University of Management and Technology, Bilaspur, must coordinate with the Head Office of the University, from which application forms can be obtained. The application form must be filled carefully; any inaccuracy can lead to cancellation of the admission offer. The documents to be submitted with the application form fall in two categories: personal identity / domicile proofs, and academic transcripts from the Standard XII Board Examinations or UG semester tests. After the application window closes, the University releases a merit list of candidates who fulfill all the entry requirements, and students can confirm their acceptance by paying the first of three installments of the semester fee.

Placements

As one of the top MBA colleges in India, Maharishi University of Management and Technology, Bilaspur, provides multiple career options to its BBA and MBA program graduates. In addition to the Placement Cell, which allows students to apply to internships and jobs in the public and private sector, students of MMUT are also ideally placed to join the growing health and wellness sector in India and abroad, given the popularity of Transcendental Meditation across the world. All the programs offered by the Faculty of Management comply with the latest professional standards, and are designed to create employable graduates with strong job prospects. The course curriculum and teaching methods are also designed to ensure that students are trained for the final placement season from Day 1, and that they are exposed to industry best practices early on.

Cut-Offs

Since there is no entrance test mandated for admission to any of the programs at MUMT, there is no associated MBA aptitude test cut-off. Similarly, neither the BBA or MBA programs mandate any minimum academic performance levels in the qualifying examination (10+2 Board Exam or UG semester examinations). However, in competitive admission years, applicants with lower percentages may be rejected.

Faculty & Alumni

Maharishi University of Management and Technology, Bilaspur, is home to highly qualified Faculty members, who work with students to provide a strong theoretical basis for their management education with a strong foundation of Indian values. In addition, they also work with the Placement Cell to ensure that students are well prepared for their long term careers in the corporate world, and work as training mentors before and after their industry internships. In addition to conventional Faculty members, there are also facilitators who teach the Transcendental Meditation method to students.

MMUT is home to a large alumni base because of its extensive academic offering; it offers almost 50 degree programs and Diplomas, and BBA and MBA graduates can network with students of other Departments to access diverse career opportunities. Alumni of MMUT provide professional opportunities to current students by visiting the campus with their companies to hire the best candidates for short term internships and long term jobs. Faculty members also work with alumni of MMUT to organize guest lectures and workshops to ensure that students are exposed to the corporate world from the first year of their studies.

Scholarships

As in other top MBA colleges in India, there are multiple financial aid options available to students of Maharishi University of Management and Technology, Bilaspur. However, most of the scholarships are external. MBA and BBA students are free to apply to external Government and private organizations for tuition fee and living stipend scholarships. In addition, most state government scholarship schemes are open to socially disadvantaged students, and financially weak students from the EWS section can also apply for Central and State Government scholarships and freeships. Students must apply for these scholarship schemes after receiving an offer of admission from MMUT, and before the classes start.

Preparation & FAQs

The main criterion for shortlisting students to join the Faculty of Management, Maharishi University of Management and Technology, Bilaspur, is academic performance (either Standard XII or Bachelor’s degree). However, there is usually competition for seats every year, and students should prepare for the admission process by working out previous examination papers to maximize their percentage in the qualifying examination. Students should focus their preparation efforts on performing well in their Standard 12 and UG semester exams.

Frequently Asked Questions (FAQs)

Q. Which is the best Business School in Bilaspur?

Maharishi University of Management and Technology, Bilaspur, is one of the best MBA colleges in India, and is a contender for best Business School in Bilaspur. It is ranked #6 among the top 20 Emerging Private Business Schools in India, according to the IIRF 2024 ranking list.

Q. How can BBA and MBA students of MUMT obtain professional certifications?

MUMT has a parallel education program through which students can pursue a degree program along with a certificate or diploma program at the same time. For example, students can study for a BBA or MBA course while obtaining a professional certification in digital marketing or artificial intelligence, or a Diploma in Human Resource Management. This helps strengthen their resumes, and allows them to access different career opportunities.

Q. What is the admission fee to be submitted while applying to MUMT Bilaspur?

The admission fee while applying to the MBA program at MUMT Bilaspur is INR 500. After the admission is confirmed, students must pay an enrollment fee of INR 300, for a total of INR 800 for all candidates who wish to join the University. Students who wish to obtain a copy of the brochure before admission must pay an additional amount of INR 250-300, depending on the method of payment.

Q. What is the medium of instruction of the courses taught by the Faculty of Management, Maharishi University of Management and Technology, Bilaspur?

All degree programs offered by MMUT (including BBA, MBA, and Diplomas in Management) are taught in both English and Hindi, and students may choose either language for their classes and examinations.