School of Management, BML Munjal University, Gurugram

Overview

The School of Management (SoM), BML Munjal University (BMU), Gurugram, is a renowned Business School located in the Delhi NCR region. The School is home to six different degree programs: BBA, BCom (Honors), BBA + MBA Integrated, full time MBA, Executive MBA, and PhD in Management. The teaching methodology is unique, with a mixture of classroom learning, case study methods, gamification, outbound experiential learning, and industry exposure programs. The overall aim of all programs within the SoM is to equip UG and PG students with strong problem solving skills.

The School of Management owes its high ranking primarily to its strong placement record. The highest CTC offered in the most recent placement season 92023) was INR 25.9 LPA. The average CTC across all courses was INR 9.3 LPA, with 97% of all students being placed in 60+ blue chip companies. The Career Guidance & Development Center of BMU works to establish strong professional relationships with some of the biggest corporations in India and abroad, including Amazon, KPMG, Wipro, Hyundai, and Grant Thornton. More than 50% of students took up full time jobs in the Banking & Financial Services and Consulting sectors.

In keeping with the “learning with fun” philosophy of BMU, students of the School of Management have eventful extracurricular lives. The flagship event on campus is 67th Milestone, one of the biggest Management, Technical, and Cultural festivals in North India. The School also organizes workshops and industry lectures by eminent corporate leaders, and important local events such as TEDx BMU.

Highlights

Fees

The tuition fees for the main programs offered by the School of Management, BML Munjal University, Gurugram, are as follows:

• MBA: INR 13.5 Lakh for the two year course (all specializations).
• MBA (with global leadership program): INR 13.5 Lakh + INR 2-5 Lakh for exchange programs.
• BBA: INR 12.32 Lakh for Indian students, $15,200 for foreign students, NRIs, and OICs.
• BBA and MBA Integrated Program: INR 20.04 Lakh for the full 5 year duration.
• BCom (Honors): INR 8.8 Lakh for the full program.

The living cost for students who live on the BMU campus is made up of two components: hostel and mess fees. The range for the five types of accommodation is as follows:

• Tower - Triple Occupancy: INR 1.58 LPA (no AC), INR 1.63 LPA (with AC).
• Apartment - Triple Occupancy: INR 1.74 LPA (no AC), INR 1.79 LPA (with AC).
• Tower - Double Occupancy: INR 1.79 LPA (no AC), INR 1.84 LPA (with AC).
• Apartment - Double Occupancy: INR 1.95 LPA (no AC), INR 2 LPA (with AC).
• Apartment - Single Occupancy: INR 2.12 LPA (no AC), INR 2.22 LPA (with AC).

There is also a one time registration fee of INR 25,000 payable at the time of hostel allocation, and a one time refundable security deposit, also of INR 25,000.

Admissions

The eligibility criteria for admission to the School of Management, BML Munjal University, Gurugram, are as follows:

• MBA:
  • All applicants must hold (or be in the final year of) an undergraduate degree of minimum three years’ duration.
  • Candidates with a BTech, BE, BCA, MCA, or BSc degree will be preferred, though this is not mandatory.
  • The overall percentage during UG studies must be at least 50%, or the equivalent grade point average.
  • The student may submit any of these valid entrance test scores: CAT, GMAT, NMAT, CMAT, XAT, GRE, or BMU-MAT.
  • Work experience is not mandatory.
• BBA:
  • Students who have completed, or are in the final year of, their Standard XII Board Examinations from any recognized Institution are allowed to apply.
  • The aggregate over the five best subjects must exceed 60%.
  • Test scores (e.g. SAT, CUET - UG) may be submitted, and will have a positive effect on the overall application, though this is not compulsory.
• BCom (Honors): Similar to BBA.

The steps in the application procedure are roughly similar for UG and PG programs:

• All candidates must create an account on the BMU application portal to apply online, and choose the course in which they are interested.
• Applicants must fill up the application form, including mark sheets, certificates, and the application fee of INR 1,500 (only payable online).
• BMU will inform eligible candidates of their shortlisting via mobile and email.
• Shortlisted candidates must appear for the Personal Interview and Case Discussion round.
• After this, BMU makes offers of admission to the best candidates on the basis of the application, entrance test score, and PI performance. Students who are in the final year of graduation or school studies are given a conditional offer, and their admission is confirmed after they submit their final mark sheets and pay the first year’s tuition fees.

Placements

As one of the top MBA colleges in India, the placement highlights of the School of Management, BML Munjal University, Gurugram, are as follows: 

• Major categories in which MBA students received full time placements included Financial Services (22%), Consulting (21%), Banking (17%), Information Technology (16%), Automobile Manufacturing and Marketing (12%), and Retail (5%).
• The Career Guidance & Development Center (CGDC) of BMU works with UG and PG students of the School of Management from their first year to ensure complete placement readiness, allot internships, and achieve a high placement percentage during the interview season for final year students.
• Prominent blue chip recruiters include Amazon, KPMG, S&P Global, ABB India, Hero Motors, Coffee Day Beverages, Axis Bank, Edelweiss, DBS, Wipro, Hyundai, and Grant Thornton.
• The average CTC in the latest placement season for which data is available (2023) was INR 9.3 LPA, with the highest package offered exceeding INR 25 LPA in 2022-23, and INR 32 LPA in 2021-22.
• The top 10% of placed students received an average CTC of INR 13.4 LPA. The average package offered to the top 20% of students was INR 11.4 LPA.
• 97% of all students in the graduating batch were placed in the 2023 placement season, not counting those who chose entrepreneurial careers. This percentage has steadily risen from 2018 (75%) to 2023 (97%), even with the pandemic during the interim.
• 60+ high caliber recruiters participated in the internship and final placement process.

Cut-Offs

There are no cut-offs based on the entrance test score for students applying to the School of Management, BML Munjal University, Gurugram (though the CAT percentile can be used to qualify for award of the Merit Scholarship). The only cut-offs are based on the academic performance in the qualifying examination, and are as follows:

• MBA: At least 50% aggregate over all semester exams in the undergraduate degree program.
• BBA, BCom (Honors), and BBA + MBA Integrated: At least 60% aggregate across the best five subjects in the Standard XII Board Examination.

Faculty & Alumni

The School of Management, BML Munjal University, Gurugram, is home to 28 full time Faculty members. 3 of these are full Professors, 13 are Associate Professors, and 12 are Assistant Professors. They specialize in different fields of interest to BBA and MBA students of the School, including Marketing, Finance, Human Resources, Entrepreneurship, and Incubation. They play a key role in defining the unique curriculum of the management courses, one that emphasizes learning with play, and stress-free practical education.

The Alumni Association of BML Munjal University is responsible for the graduates of the School of Management as well. It maintains the official online Alumni Network portal. Through this, alumni can find the chapter active in their city, and access information about networking events and donation opportunities. It also provides details of large scale alumni projects undertaken by different batches. Finally, the online portal also supplies alumni mentorship opportunities, and allows successful graduates of the School of Management to give back to current BBA and MBA students.

Scholarships

Similar to the other top MBA colleges in India, there are multiple financial aid options available to MBA students of the School of Management, BML Munjal University, Gurugram.

1. Merit Scholarship: This is offered to academically brilliant students as a percentage tuition fee waiver. The most prestigious sub-category is the Dean’s Merit Scholarship, whereby a 100% or 75% tuition fee reduction is offered to students with 95+ or 90-95 percentile in CAT or equivalent scores in other entrance tests. There are also Program Merit Scholarships of 50%, 25%, and 10%, with lower requirements for entrance test scores.

2. Haryana Domicile Scholarship: 25% of the students whose permanent residence is in Haryana will be offered scholarships in three tiers: 20% will be offered 100% tuition fee waivers based on academic performance and family income, and 40% each will be offered 50% and 25% fee concessions.

3. Defense Ward Scholarships: All children of defense and special forces personnel will receive a 10% tuition fee waiver.

4. Hero Ward Scholarships: Children of employees of any company within the Hero Group will receive a 10% tuition fee concession.

5. Sports Scholarships: Candidates who have excellent sports performance will receive a 100% tuition fee waiver (international participation), 50% (national participation) or 25% fee concession (state level participation).

6. Financial Aid: These are variable scholarships awarded to economically weak students, and their annual renewal is subject to maintaining a CGPA above 7.

Preparation & FAQs

Students are given a choice of 7 different MBA entrance examinations to choose from while applying to the PG courses at the School of Management, BML Munjal University, Gurugram. UG applicants do not have to give an entrance test like the SAT, but it is recommended. Therefore, irrespective of the aptitude test which students choose, they must ensure that they maximize their rank or percentile score by attending classes for at least one year, and completing at least 10 comprehenive mock tests and practice exams to ensure both speed and accuracy.

Frequently Asked Questions (FAQs)

Q. Which is the best Business School in Gurugram?

The School of Management, BML Munjal University, Gurugram, is one of the best MBA colleges in India, and is a contender for best Business School in Gurugram. It is ranked #35 among all Private Business Schools in India, according to the IIRF 2024 ranking list.

Q. What international immersion options are available for BBA and MBA students of BMU Gurgaon?

All students of SoM, BMU, can access international immersion options. All UG and PG students with a valid passport can participate in short term immersion and long term exchange programs at partner Universities, including Berkeley, The University of Warwick, and London School of Economics.

Q. What academic fees must be paid by the students of the School of Management, BMU, over and above tuition fees?

All students of SoM (UG and PG) must pay annual book fees of INR 4,000 (or $100 for international students), over and above tuition fees.

Q. Which specializations are offered to MBA students of the School of Management, BML Munjal University, Gurugram?

The School of Management offers 7 MBA specializations: Business Analytics, Entrepreneurship, Finance, Marketing, Human Resource, Strategic Management, and Operations & Supply Chain Management.