NTPC School of Business, Noida

Overview

NTPC School of Business (NSB), Noida, is a unique Business School started by the National Thermal Power Corporation in 2014. It aims to produce qualified management personnel for the Energy sector in India through its flagship PGDM - Energy Management program. It also offers a part time PGDM (Executive) program, and a PhD in Management. The bulk of the course learning happens through the case study pedagogy, where students are immersed in a practical scenario and work to understand the implications of business leadership on the energy industry through management games and seminars. Through this, they bridge the gap between theoretical classroom scenarios and practical applications.

NTPC School of Business, Noida, has a consistent record of excellent placements. The highest CTC offered during the most recent placement season was INR 29 LPA, and the average package was INR 12 LPA. Prominent recruiters included KPMG India, Mercados, India Infrastructure Finance Company, PFC, and Trident Group. NSB Noida has a cohort-based recruiting system where companies work with students over an extended period to gauge their mutual fit, rather than deciding the final list of candidates in a single interview.

NSB Noida is well known for its co-curricular activities beyond the classroom. Through the Town Hall Series, titled Greentrepreneurs, successful energy sector startup founders visit the campus to talk about sustainable principles and scaling. This has CSR implications for HR as well as innovation lessons for established companies. Through its Guest Lecture series, titled Vyaakhya, industry leaders and senior bureaucrats visit the campus to share insights from their management styles and journeys towards leadership. Through question-and-answer sessions, students are able to glean insights that they can implement in their own career paths.

Highlights

Fees

The total academic fee for Indian students enrolled in the PGDM (Energy Management) program at NTPC School of Business, Noida, has three components:

• Application fee: INR 1,500 (for General candidates); INR 750 (for reserved category applicants).
• Tuition fee: INR 16 Lakh (for the full two year program).
• Security Deposit: INR 30,000. This will be refunded when the student completes the course subject to a clean disciplinary record.

NRIs and foreign students must pay a total course fee of $30,000, which is approximately 1.5 times the fee for Indian students.

In addition, students who choose to stay on the NSB campus must pay the annual hostel and mess fees. PGDM candidates who commute to the campus must bear the daily transportation fees. Other living costs include shopping for personal items and entertainment spending.

Admissions

The eligibility criteria for admission to NTPC School of Business, Noida, are as follows:

• PGDM - Energy Management:
  • The applicant must hold a valid undergraduate degree from a recognized University, of minimum three years’ duration. Any branch is allowed.
  • Students in the final year of such a degree program may also apply, provided that they submit their degree certificates before the start date of the PGDM program at NSB Noida.
  • The applicant must have a UG aggregate of at least 50% or equivalent (or 45% for reserved category candidates e.g. SC, ST, and Differently Abled People).
  • The student must have a valid score in any recognized MBA aptitude test e.g. CAT, XAT, or GMAT.
• PGDM - Executive:
  • Most criteria are similar to the full time PGDM program; however, the applicant needs to have an aggregate above 50% in the Standard X and XII Board Examinations as well.
  • Candidates who are sponsored by companies must have a minimum of 3 years’ work experience.

Students who wish to apply to the PGDM - Energy Management and PGDM (Executive) programs at NSB Noida must follow these steps:

• Creating an online registration account on the NSB application portal. Offline applications are not permitted.
• Filling up the application form with personal details, contact information, and academic history details. Soft copies of attested documents must be uploaded to the NSB application server as well.
• Paying the online application fee of INR 1,500 (or INR 750 for reserved category applicants).
• Checking the confirmation email from the NSB Noida authorities.
• After the application window closes, NTPC School of Business, Noida, shortlisted candidates for the final stage (the Personal Assessment - PA) process, which involves an interview and interaction with a panel of experts.
• Two scores are calculated during the selection process. The Composite Score (CS) takes into account the Entrance Test performance, the academic history (Standard X, XII, and Bachelor’s degree program), and diversity (in terms of gender and UG discipline of study).
• The Final Composite Score (FCS) uses the CS and factors in work experience and performance in the PA round. The FCS is used to prepare the final merit list.
• Students in the final merit list will receive an offer of admission, and must pay the fees to proceed with academic registration.

Placements

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

• The highest CTC offered during the most recent placement season was INR 29 LPA.
• The average (mean) salary package was INR 23 LPA.
• 26 companies and other organizations participated in the internship and placement process.
• The top 5 recruiters were KPMG India, Mercados, India Infrastructure Finance Company, PFC, and Trident Group.
• NSB Noida has a unique cohort-based recruiting system where companies observe and work with students over an extended period instead of a single day’s series of interviews. This ensures that there is a better job fit, translating into a longer tenure of work in one organization.
• Summer internships are compulsory for all PGDM students. 45% of students complete their internships in the energy consultancy area, 20% in power generation, 12.5% in renewables, 12.5% in power distribution, and 10% in power trading.
• Practical training for internships and placement interviews happens throughout the course of study, via regular seminars, live projects, case studies, research projects, and industrial visits.

Cut-Offs

There are two levels of cut-offs for admission to the PGDM (full time) program at NTPC School of Business, Noida. First, students who wish to apply must have an overall undergraduate aggregate above 50% (across all the years of study), or 45% (for reserved category candidates). The second level of cut-off is based on the entrance examination (CAT, XAT, or any national level test). MBA entrance test cut-offs for PGDM aspirants are not decided in advance; they are decided after the merit list is released. In addition, PGDM (Executive) applicants must have an aggregate above 50% in the Standard X and XII Board Examinations.

Faculty & Alumni

NTPC School of Business, Noida, is home to 13 full time Faculty members. In keeping with the focus area of the flagship PGDM program, most of them have extensive experience in both the Energy Management and Business Leadership sectors, with up to three decades in industry and academia each. In addition, 15 faculty members of the Indian Institute of Management (Ahmedabad) provide part time guest lectures. There are also 12 Adjunct Faculty members and 7 Visiting Faculty members to provide information on cutting edge industry trends.

The Alumni Association, NSB (AAN), organizes regular interactive sessions and talks with distinguished graduates of the School. Alumni share their experiences of working in senior positions in various consulting and core companies, primarily in the ESG sector. Through these, students can gain an understanding of the day to day responsibilities of a typical job role, and evaluate whether they are really interested. Alumni also work with the full time Faculty members to fill in for guest lectures and with the Placement Cell to provide live project and internship opportunities.

Scholarships

As in other top MBA colleges in India, there are multiple financial aid options available to students of NTPC School of Business, Noida. The following four categories of scholarships are available:

1. Top Rankers during Admission: These tuition fee waivers are offered to applicants with exceptional performances in the CAT, XAT, or GMAT. Students submitting other entrance test scores are not eligible.

2. Academic Merit Scholarships: These are offered to students with a strong past academic history, calculated as an average of the Standard X and XII Board Exam marks, in addition to UG semester grades and entrance test scores.

3. Scholarships for children of defense personnel: Wards of current members of the Army, Navy, Air Force, BSF, etc., are eligible for tuition fee scholarships at NSB Noida.

4. Scholarships for BPL and EWS candidates: These need based scholarships are intended for students in the financially weaker categories. Candidates must submit verified family income certificates to qualify.

NTPC School of Business, Noida, also provides assistance to students who wish to apply for education loans from public sector banks.

Preparation & FAQs

Candidates who wish to apply for the PGDM (full time) program at NTPC School of Business, Noida, must prepare carefully for their chosen MBA entrance test. Before giving the final exam, candidates should practice their timing and accuracy skills by attempting mock tests. In general, candidates who are well versed with the previous papers and mock tests have a better average performance in the actual exam. Each question should be attempted in one minute (on average) to get an accurate assessment of the speed required during the final test.

Frequently Asked Questions (FAQs)

Q. Which is the best Business School in Uttar Pradesh?

NTPC School of Business, Noida is one of the best MBA colleges in India, and is a contender for best Business School in Uttar Pradesh. It is ranked #38 among all Government Business Schools in India, according to the IIRF 2024 ranking list.

Q. Do PGDM students of NTPC School of Business, Noida, have to work only in the energy field after graduation?

Graduates of NSB Noida have multiple management career paths open to them after their PGDM program. The course has a significant general management, finance, and marketing component; they can therefore take up managerial positions in different sectors as well. For example, KPMG, a major recruiter, is a consulting firm that has operations outside of energy management.

Q. What are the advantages of the PGDM (Executive) program offered by NTPC School of Business, Noida?

The PGDM (Executive) program is shorter than the full PGDM program, at 18 months. The first year is spent in coursework, and the final six months are spent in project work, akin to a full time embedded internship. This allows working professionals to accelerate their career in the shortest time period possible.

Q. What are the advantages of the PhD in Energy Management program offered by NTPC School of Business, Noida?

NBS Noida offers a PhD program in Energy Management in association with Pandit Deendayal Energy University, Gandhinagar. It offers doctoral degree programs in long term strategic areas like business models, trade, and energy security.