What will the BML Munjal University offer that is not being offered by other private universities Also, how different is it from Hero MindMine
Hero MindMine seeks to fill in certain gaps in education from the industry perspective such as elements related to communication and soft skills. On the other hand, the BML Munjal University aspires to nurture ethical leaders who are skilled, knowledgeable and have the life skills required for leading their organisations to success. It is based on the three elements of innovation, entrepreneurship and design, and 40% of that would be hands-on learning.
Is the Munjal family involved
It is a family-funded university sprawled over 50 acres with equal distribution between the campus and residential complexes. But the university will not be managed by the family. Even in placements, no preference would be given to the family-run businesses.
Which all programmes will the university offer
To begin with, we plan to offer programmes in engineering and management with a strong focus on practical learning, consulting, management development programmes and research. Hence, we plan to revamp the curriculum of these flagship programmes fully. The School of Engineering and Technology will offer BTech in mechanical, civil, computers, electrical and communications engineering while the School of Management would offer BBA and MBA. Going ahead, we plan to make it a full-fledged university with programmes in arts, law, natural sciences and architecture in the following year.
When will the academic session commence and what is your fee structure like
The academic session commences from July 2014 and there would be 300 seats in engineering, 60 in BBA and another 60 in MBA. As for the fee structure, the MBA will cost R3 lakh per annum, BBA will cost R1.5 lakh per annum and BTech R2 lakh.
Any foreign collaborations youve planned
The School of Management will be mentored by the Imperial College of London. It will co-design the curriculum, facilitate student and faculty exchange programmes, conduct joint research activities and establish digital learning platforms. Moreover, as part of the tie up, there will also be opportunities for students to join innovation camps and credit-based courses in London and select BTech students will have the opportunity to undertake a one-year MSc programme at the Imperial College Business School.
What about faculty
We have the core team in place and there would be 20-25 permanent faculty including those from the Imperial College. There would also be joint activities through video-conferencing between students here and the faculty there.
You also have plans of setting up centres of excellence
Siemens Industry Software will set up Siemens Centre of Excellence which will also help in the design and development of curriculum, provide learning tools and educational technology, arrange visits of executives as guest speakers and faculty to the BMU, facilitate site visits by our students, conduct joint research projects and explore the possibility of conducting a full semesters internship course at their plant. We will have more such centres on transportation, logistics and manufacturing in 2-3 months.