Rishihood University, Sonipat

Overview

The Department of Management, Rishihood University, Sonipat, is a unique Business School within India’s first and only Impact University, located in Haryana. It offers a conventional two year MBA program and a unique four year BBA program which seeks to produce entrepreneurs and business leaders, combining the skills normally learned in both a UG and PG program in management. The structure of the University means that students of both programs are personally mentored by CXOs of some of India’s largest companies and nonprofit entities, including the Boston Consulting Group and Teach for India.

The Career Advancement Cell of Rishihood University works with students of the Department of Management, to connect them to startup opportunities, internships, and full time placements. The highest and average CTCs offered during the most recent placement seasons were INR 10 LPA and INR 7 LPA, respectively, with a median CTC of INR 6 LPA. The placement success within 3 short years of its inception is due to the emphasis on practical skills and self-reliance.

Student Life at Rishihood University emphasizes wellness of all kinds. For example, the University has world class sports facilities, including grounds and courts to play cricket, football, tennis, basketball, badminton, table tennis, and swimming, in addition to indoor sports. The student clubs and associations allow students to learn new cultural and co-curricular skills, including debating, theater, creative communication, photography, social impact, gardening, and western music. The sustainable nature of the campus is seen in features like the organic farm and fruit forest, which allows the students to eat healthy, locally farmed produce. 

Highlights

Fees

The tuition fees (including other academic fees, examination costs, and registration charges), for the programs offered by the Department of Management, Rishihood University, Sonipat are:

• MBA: INR 3.5 LPA (INR 7 Lakh for the full two year course). 
• BBA: INR 4.2 LPA (INR 16.8 Lakh for the four year program).

It is compulsory for all students of the Department of Management, Rishihood University, Sonipat, to live on campus. Therefore, BBA and MBA students must budget for hostel and mess fees every semester, in addition to the cost of shopping for personal items and academic infrastructure spending. The total boarding and lodging fee is INR 1.6 LPA, for a total of INR 3.2 Lakh (MBA) or INR 6.4 Lakh (four year BBA).

Admissions

The eligibility criteria for admission to The Department of Management, Rishihood University, Sonipat, are as follows:

• MBA:
  • The applicant must have completed (or be in the final year of) an undergraduate degree of at least three years' duration, from a recognized University anywhere in the world.
  • The overall aggregate over all the UG semester exams must be at least 50%.
  • After these criteria are passed, the final selection is based only on the performance in any of the following MBA aptitude tests: CAT, XAT, NMAT, CMAT, MAT, GMAT, or RSAT, and the performance in the Personal Interview round.
  • Final year UG students and working professionals are also allowed to apply.
• BBA:
  • The applicant must hold a pass certificate from any Board of Secondary Education in India or abroad for the Standard XII examination.
  • All combinations of subjects (including Science, Commerce, and Arts) are accepted.

The steps in the admission and application procedure include:

• Filling up the online application form on the Rishihood University website.
• In addition to academic degree certificates and transcripts, students should also upload competitive examination scores and certificates of achievements in cultural, sports, and social welfare activities.
• Writing a one page Statement of Purpose outlining the reasons for wanting to join the BBA or MBA program at Rishihood University.
• Completing a 45 minute entrance test to prove Reasoning and General Aptitude skills (only for BBA applicants).
• Meeting the Faculty and Mentors on the Rishihood University campus, and participating in a personal interview.
• After these steps are completed, the University sends an offer letter to all candidates who clear the final stage, and students must confirm their acceptance by paying the fees.

Placements

As one of the top MBA colleges in India, the placement highlights of The Department of Management, Rishihood University, Sonipat, are as follows: 

• The highest CTC offered during the most recent placement season was INR 10 LPA.
• The average (mean) and median salaries offered were INR 7 LPA and INR 6 LPA, respectively.
• The placement sectors differ from those in other Business Schools, with Politics and Policy accounting for 50% of the job offers. In addition, several students (4.7% of the total batch size) choose to take up entrepreneurship as a career, particularly in the 4 year BBA program.
• Prominent Recruiters include Tata Motors, EY India, Teach for India, Brhat, Green Gold Animation, Automateazy, Divsight Intelligence, Canara Bank, Varahe, Sewa International, and Being Volunteer, with a healthy mix of social impact organizations and for-profit firms.
• The Career Advancement Cell assists students with their training and placement activities from Day 1. For example, it uses its network of corporates and social welfare organizations to connect BBA and MBA students with paid internships after the second and first year, respectively.
• The Career Advancement Cell also conducts workshops and training sessions with experts to impart soft skills and interview presence management to students of the Department of Management.
• The four year BBA program incorporates a six month paid internship.

Cut-Offs

The only cut-off for admission to the MBA program at Rishihood University is based on the average percentage over all semesters of the UG degree (or equivalent CGPA). This must exceed 50%. There are no cut-offs for the Personal Interview or MBA entrance test rounds; they are decided at the end of the process, and depend upon the level of performance of all the shortlisted students. There are no cut-offs related to the BBA degree program either.

Faculty & Alumni

The Department of Management, Rishihood University, Sonipat, is home to a rich array of visiting Faculty members and industry mentors, in addition to full time Professors. The MBA program has four full time Faculty members, all of whom hold PhD degrees. It also has more than 20 guest speakers on its rolls, who are CXOs, NGO administrators, and healthcare leaders. The BBA program shares its Faculty with the School of Entrepreneurship, and also has 12 dedicated visiting Faculty members, who provide varying perspectives on business leadership and scaling.

Alumni of the Department of Management, Rishihood University, Sonipat, are ideally placed to succeed in their chosen careers. An annual Alumni Meet, featuring informal meetings and formal lectures, is organized at the University. The website also features alumni success stories that are testimony to the wide range of career paths available. The alumni network of the University, though relatively small due to its young age, is one of the most powerful in the country.

Scholarships

As in other top MBA colleges in India, there are multiple financial aid options available to students of The Department of Management, Rishihood University, Sonipat. The most popular scholarship schemes are:

1. Scholarship for students from Haryana: As per the rules laid down by the Government of Haryana, 25% of the seats in Rishihood University shall be set aside for students whose domicile is Haryana. Out of these, merit-cum-means scholarships are awarded as per the following slabs:

• 20% of the students from Haryana will be granted 100% tuition fee waivers (the top academic performers based on the percentage in the qualifying examination).
• 40% of the students with Haryana as domicile will be offered 50% scholarships on the tuition fee payable.
• The remaining 40% will be given 25% scholarships.

2. Endowment Fellowships: All students of the Department of Management are eligible for need and merit based Fellowships in the form of one time or recurring payments. These are paid out of the University endowment and scholarship funds.

3. 100% Scholarships for BBA students: Undergraduate students of the Department of Management who wish to build something for the country are encouraged with full tuition freeships at Rishihood University. There are eight categories of students who can benefit from these scholarships, including Bharat Ki Beti (for girl students from the Indian hinterland), Vanvaasi Dreamer (for tribal community students who wish to acquire high quality education), Distant Doer (for students from remote areas of India e.g. Andaman, Lakshadweep, and border areas), and Khiladi (for sports achievers who want to leverage their teamwork skills in the business arena).

Preparation & FAQs

There are two main contributors to the final admission offer to study MBA at Rishihood University: the CAT (or NMAT or GMAT) score, and the performance in the PI round. For the former, students should attend a classroom program to prepare for their chosen entrance test and ensure that they take weekly mock tests to combine speed and accuracy. For the latter, students should improve their communication skills in English through dedicated training sessions with experts, and look through their application materials to present a coherent and consistent overview of their motivation to study MBA at Rishihood.

Frequently Asked Questions (FAQs)

Q. Which is the best Business School in Sonepat?

The Department of Management, Rishihood University, Sonipat, is one of the best MBA colleges in India, and is a contender for best Business School in Sonepat. It is ranked #14 among the top 20 Emerging Private Business Schools in India, according to the IIRF 2024 ranking list.

Q. How does the BBA program at Rishihood University Sonipat encourage budding entrepreneurs?

In addition to mentorship from successful entrepreneurs and business leaders, all students of the BBA program at Rishihood University are given a seed fund of INR 1 Lakh, and must invest this in a business idea of their own during the course of their degree studies, to ensure practical learning about the startup world. It also has a total incubation fund of INR 5 Crore to invest in successful entrepreneurs on campus.

Q. What is the advantage of the BBA program at Rishihood University, Sonipat?

The BBA program at Rishihood University is structured to develop entrepreneurial skills, and achieves this through a mixture of industry exposure initiatives, hackathons, interactions with senior business leaders, interactive technology enabled learning, and collaborative problem solving.

Q. What international exposure does Rishihood University provide to its BBA students?

BBA students of Rishihood University have access to a global faculty base and 1:1 mentorship from internationally successful professionals. In addition, their degree program incorporates global business treks in London, Singapore, the United States, and Israel.

Q. Why does the BBA degree program at Rishihood University last four years?

Rishihood University’s BBA program lasts four years, unlike most other BBA programs in India. This is because it incorporates many elements from a conventional MBA program to equip its students with a degree that allows them to enter the industry after four years, thereby saving one year of postgraduate studies. It also has one semester dedicated to entrepreneurial pursuits. Students can also choose to exit after three years with a UGC-certified BBA degree.

Q. Can students who are not interested in entrepreneurship enter the BBA program at Rishihood University?

BBA students of Rishihood University are equipped with skills like critical thinking, accountability, teamwork, and innovative problem solving. This allows them to succeed in the corporate world as well as in the startup culture, and they can choose either.

Q. Which specializations does Rishihood University offer to its MBA students?

BBA students of Rishihood University can choose from among five specializations: Human Resource Management, Marketing, Finance, International Business, and Entrepreneurship.