Vijay Patil School of Management, Navi Mumbai

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Overview

Vijay Patil School of Management (VPSM), Navi Mumbai, is a prominent Business School in Maharashtra; it is part of DY Patil University. It has two main management programs: BBA and MBA. The flagship MBA program is based on a participant centric interaction philosophy, where students interact with each other, with Faculty members, as well as with external industry stakeholders. Its classrooms and the unique Learning Resource Center are designed to facilitate this interaction so that students learn through collaboration. It fosters strategic and analytical thinking in its students through its tie-up with Harvard Business School (HBS) to use the Case Study method in its classrooms. It offers 15 online management programs and certifications through its collaboration with HBS.

VPSM has a consistent record of placement excellence despite its relative youth as a Business School. In the ongoing 2024 placement season, the highest CTC offered so far is INR 12 LPA, for a candidate recorded by Sutherland Global Services. Graduates of VPSM are recruited for leadership pipeline roles including Management Trainee, Assistant Manager, Human Resources Trainee, and Customer Service Expert. Long term recruiting is solidified through a strong summer internship program, with average stipends of INR 10,000 per month. The most prominent recruiters for full time jobs are primarily from the Banking, Financial Services & Insurance sector, including HDFC Bank, Anand Rathi Investment Services, IDFC First Bank, and SBI Life. Functional roles offered to alumni of VPSM include leadership positions in Human Resources, Finance, Marketing, and Healthcare Management.

Highlights

Fees

The total academic fee (including tuition fee, examination charges, registration costs, caution deposits, alumni cell registration charges, graduation fee, access to library and IT infrastructure, and placement fee) varies according to the degree program:

• MBA: INR 15 Lakh (INR 7.5 LPA).
• BBA: INR 16.5 Lakh (INR 5.5 LPA).
• MBA Tech (Integrated 5 Year): INR 37.5 Lakh (INR 7.5 LPA).

Students must also budget for living costs (hostel, paying guest, or apartment, and food charges), in addition to costs of academic materials (e.g. laptops, textbooks), and shopping for personal items. Students who choose to live at home or as paying guests and commute to the campus have to bear the daily transportation charges.

Admissions

The eligibility criteria for admission to Vijay Patil School of Management, Navi Mumbai, are as follows:

• MBA:
  • The student must be a graduate from a recognized University anywhere in India or abroad, with a minimum UG aggregate of 50%. The aggregate in the 10+2 Board Examination must exceed 45%.
  • The applicant must have a valid score from any of these MBA entrance tests: CAT, GMAT, XAT, or GRE.
  • Students with professional degrees and relevant certifications (e.g. CA) will have an advantage while applying.
  • Additional weightage is given to students who have sports and extracurricular achievements at college level.
  • Work experience - both in terms of quality and quantity - will be rewarded, though it is not mandatory.
• BBA:
  • Students must have passed both the Standard X and XII Board Examination levels.
  • The minimum accepted percentage at Standard 10 level is 75%, and it is 70% at the 10+2 level.  This is significantly higher than in most other Private Business Schools in India.
  • Admission is based on multiple parameters, including both academic and extracurricular performance.
• MBA Tech (integrated 5 year program): The criteria are similar to those for BBA admissions; however, only 45% is required in the Standard XII Board Examination. The annual intake is 60 students.

The steps in the application process are:

• Online application: The application window for MBA aspirants opens in early January every year, and students are encouraged to apply early in the season so that seats do not fill up.
• Filling up the application form: Students must enter all details of their academic performance at all levels, their personal details, supporting documents, and entrance test percentile.
• Paying the application fee: UG aspirants must pay INR 1,500 as application form costs, and MBA applicants pay INR 2,000.
• Acknowledgement of application: All students who successfully submit their applications will receive an email from VPSM with a tracking link, so they can check the status at any time.
• Shortlisting: The Admissions Committee of VPSM will shortlist candidates based on overall academic and extracurricular achievements, with a special focus on entrance test performance.
• Personal interview: Students can choose whether they wish to be interviewed by the Selection Panel online or in person.
• Offer and Acceptance: Students who receive final admission offers can accept them by paying the first installment of the tuition fee (the first third of the first year’s fee).

Placements

As one of the top MBA colleges in India, the placement highlights  of Vijay Patil School Of Management, Navi Mumbai, are as follows: 

• The highest CTC offered in the 2024 placement season was INR 12 LPA, by Sutherland Global Services, to one student.
• The main sectors represented in the most recent placement season were Finance, Marketing, Operations, Human Resources, and Healthcare, in descending order of the number of offers.
• Some of the roles offered to graduating students were Management Trainee (Sales), Assistant Manager, Business Development Associate, HR Trainee, CFS Operations, Customer Service Expert, and Sales Associate.
• Summer internships are also a regular feature of the VPSM value proposition, with three main recruiters in the latest internship season: Reliance Retail, Kantar, and NoBroker Hood. Monthly stipends ranged from INR 8,000 to INR 12,000, for a total summer internship payment of up to INR 24,000.
• Prominent final placement recruiters include Anand Rathi Investment Services, HDFC Life, IDFC First Bank, Lodha Group, Zauba Corp, Jupiter Hospital, SBI Life, Seashell Logistics, Svizera Healthcare, ICICI Bank, Indira IVF, and the Directorate General of Shipping, India.

Cut-Offs

The only cut-offs related to admission to the management programs at Vijay Patil School Of Management, Navi Mumbai, are based on the academic performance in the qualifying examinations. Therefore, MBA aspirants must have a minimum aggregate of 50% across all their undergraduate semesters (in addition to 45% or higher in their 10+2 Board Exam), and BBA applicants must have an aggregate of 75% or above (in the Standard 10 Board Examination) and 70% or above (in the Standard 12 examination). There is no defined cut-off based on the MBA entrance test percentile, and this is a dynamic criterion based on the applicant pool in any year. Applicants to the MBA-Tech integrated 5 year program need an aggregate of at least 45% in their Standard 12 Board Examination.

Faculty & Alumni

Vijay Patil School Of Management, Navi Mumbai, is home to 15 full time Faculty members. All of them have PhD degrees, and several have MBA or other postgraduate degrees as well, ensuring that they are capable of guiding students in the nuances of Business Management, and mentoring them in the unique interactive mode of education that VPSM has pioneered. They are also responsible for disseminating the Case Study method to which VPSM has access through its online partnership with Harvard Business School. Distinguished alumni and industry leaders are part of the Visiting Faculty pool of the School, and deliver guest lectures to ensure that students are aware of the latest developments in the corporate world.

As a relatively young Business School, VPSM has a fairly small Alumni community. However, all graduates of the School have access to the alumni network of DY Patil University, which has thousands of registered members across the world, in senior positions across industries and sectors. Therefore, alumni of VPSM can access professional networking opportunities at a very large scale, while they work to attain senior positions in the corporate world and give back to current students of the School through mentorship and infrastructure donations.

Scholarships

In lieu of Institute Scholarships, Vijay Patil School Of Management, Navi Mumbai, offers an education loan program. The School works with public banks, private banks, and NBFCs to ensure access to financial aid for all deserving students. There are two main criteria that are taken in account while deciding whether a student is given the loan: academic merit (UG educational history of the student) and credit history of the parents of the applicant. Seven banks (including the Bank of Maharashtra under the Central Government’s Vidya Lakshmi scheme and top private financial institutions like HDFC and ICICI Bank) are available for the process, and students can either apply online or offline, before proceeding to the nearest bank outlet to present their original documents for verification.

In addition to education loans, students of Vijay Patil School Of Management, Navi Mumbai, are also free to apply to external scholarships, awarded by either Government (Central or Maharashtra State) or private entities. These are primarily awarded to students who come from socially or financially disadvantaged family backgrounds.

Preparation & FAQs

The focus during admission to Vijay Patil School of Management, Navi Mumbai, is on the MBA aptitude entrance test. In addition to regular online or offline classroom sessions and test series, students should also prepare by adopting regular reading habits to improve Reading Comprehension and English vocabulary skills, working out several practice questions to improve accuracy and speed, and going through all the frequently asked Logical Reasoning question types with suggested solutions. 

Frequently Asked Questions (FAQs)

Q. Which is the best Business School in Navi Mumbai?

Vijay Patil School of Management, Navi Mumbai, is one of the best MBA colleges in India, and is a contender for best Business School in Navi Mumbai. 

Q. Can international students apply to the BBA program at Vijay Patil School Of Management, Navi Mumbai?

International students who have NRI, OCI, or PIO status can apply to VPSM according to the Government of India regulations, where they can apply if they have ever held an Indian passport, or have parents or grandparents who are citizens of India, or have a spouse who is an Indian citizen.

Q. Which MBA specializations are offered by Vijay Patil School of Management, Navi Mumbai?

VPSM, Navi Mumbai, offers 9 MBA specializations, including Banking & Finance, Fintech Analytics, Hospital & Healthcare Management, Maritime Transportation Analytics, Aviation Transportation Analytics, Artificial Intelligence & Machine Learning, and Aviation Transportation Analytics.

Q. What are the advantages of pursuing the MBA Tech program at Vijay Patil School Of Management, Navi Mumbai?

The MBA Tech program at VPSM is a 5 year integrated management and engineering program. Eligible students can join this course immediately after Standard 12, and they save a year as compared to pursuing BTech and MBA studies separately (which would take 6 years). Another advantage is the interdisciplinary nature of studies; ensuring that they can benefit from the knowledge of how to monetize cutting edge tech skills e.g. artificial intelligence.

Q. Which international alliances does Vijay Patil School Of Management, Navi Mumbai, have with Universities abroad?

VPSM Navi Mumbai has a course content partnership with the world’s premier MBA college: Harvard Business School. Through this, students can utilize HBS’ trademark case study program to enhance their practical classroom learning.

Q. Does Vijay Patil School Of Management, Navi Mumbai, have a recognized MBA program?

VPSM’s MBA program is recognized by AICTE. It is also highly ranked by multiple authorities, including the Times B-School Ranking (#3 among all private MBA colleges in Mumbai), Top Icon Perception (Times Education Icons), and Outlook Magazine (#34 among top Business Schools in the West Zone).