Saturday, June 27, 2009

New Campus on the IT Corridor in Chennai

A new campus has been finalized on the IT Corridor in Chennai. The School is coming up in "Alpha City", a 600,000 sq.ft. complex with 3 blocks - Alpha, Beta, and Gamma. The School will initially occupy the 6 floor in the Beta block. The campus is 18 kms from Madhya Kailash intersection near Adyar on the Old Mahabalipuram Road (aka Rajiv Gandhi Salai or IT Corridor); this is a 6 lane divided toll road. The campus has Polaris as its immediate neighbor on the South, Cognizant across the road to the East, HCL a block away to the North. The Siruseri IT Park with 2000 acres full of large IT companies such as TCS, Cognizant, Hexaware is only 2 kms to the South.

Here is the link to the google maps showing the location of the school:
http://maps.google.com/maps/ms?ie=UTF8&hl=en&msa=0&msid=101628031879235589365.00046d60a640784f57734&ll=12.8433,80.225467&spn=0.00262,0.003439&t=h&z=18

The interior work in the building is underway and we hope to occupy the new campus on Sept 15, 2009. The first batch of students will start their classes on Sept 28th in this new campus. Photographs will be available on our website soon.

Friday, June 12, 2009

Educational Loan from Corporation Bank

We are glad to announce that the Corporation Bank has informed us that they will process applications for educational loans from candidates who get admitted into the National Management School. Applications for these loans will be evaluated on the merits of those applications and based on how they fulfill the criteria set out by Corporation Bank. Our website will have more details on the application process for these loans.

Thursday, April 30, 2009

HDFC approves NMS for educational loans to its students

HDFC has approved the National Management School for extending educational loans to its students. Students who are admitted to NMS can apply to HDFC for educational loans and their application will be considered on its own merit. The criteria for eligibility for such loans is mentioned in our website at www.nms.edu.in



Admissions Office

Tuesday, April 21, 2009

Assessment Process for the first batch has commenced

We started the assessment process for the first batch of students. This involves a phone interview with the Dean of the School, Dr. Sankaran Raghunathan. The interviews were scheduled between April 15th thru 19th and the Dean spent at least 30 minutes on the phone with each of the candidates shortlisted to know more about the candidates and to understand their application profile better. Based on this, the next step in the assessment process is now set to begin on April 27. Candidates have been asked to write a note on themselves; about 5 questions have been asked of them and a detailed essay is expected. These essays will help the assessment team to know about each candidate. Candidates will go through a detailed process of assessment for about 3 hours in the forenoon session of the assessment day, followed by a thorough interview for about 30 minutes with a panel of interviewers. The whole assessment exercise is being handled by a group of senior HR leaders in the industry.

We expect to complete the assessment exercise and be able to make the offer of admission by April 30, 2009.

Admissions Office

Monday, April 6, 2009

Tuition fees - lessening the burden

Dear Students:
One of the major items of consideration for students is the payment of tuition fees for a good management education. While the total amount of tuition fees is one definite consideration, if the fees can be paid over time rather than upfront, it makes the fee less burdensome.

We at the National Management School felt that we should make a difference in the way management education is delivered in India. This includes the way the tuition fee is collected. Therefore, we have decided that the tuition fees can be paid over 20 monthly installments rather then in 6 installments at the beginning of each term. Thus, our fees can be paid in monthly installments of Rs.50,000 each at the beginning of every month.

Most schools do not like this model since, among other things, it increases the administrative overload. We felt that in the interests of students, we should work out a process to lessen this administrative load while making it easier for students to pay and get good quality education. Therefore, just like you give post-dated cheques to a bank when you get a loan, you can adopt the same procedure with NMS. This makes it easier for both the School and the student alike.

This is one more way in which we bring American Management Education at Indian fees.

Admissions Office

Wednesday, April 1, 2009

Part-time Weekend Program in Management in Chennai

I am glad to announce that the National Management School has decided to offer their Postgraduate Program in Management for working executives in a Part-time Week-end format. Now, working executives in and around Chennai can take this program that is offered in collaboration with the Georgia State University right here in Chennai over the weekend on Saturdays and Sundays in a convenient format; classes are held only for 5 hours on each Saturday and Sunday over a weekend at the Campus in Ambattur, Chennai. Georgia State University's MBA program is rated in the top 10 in the US over the last 13 consecutive years. It is an AACSB accredited program. The Certificate that is offered to our students in this part-time program will be awarded in collaboration with GSU and the Deans of both the schools will co-sign the certificate.

Professors will visit us from the United States and teach this program. The same academic rigor that is applied for the full-time regular program will also be applied for this part-time program.

The last date for application for this part-time program is April 27, 2009. Please visit us at www.nms.edu.in to know more about the program and the curriculum.

The Admissions Office.

Sunday, March 29, 2009

American Management Education at Indian Fees

Dear Prospective Student:

One of the decisions that we took early on in the formation of the school is about the fee structure. We felt that in bringing American Management education to India where US based professors will visit India to teach our students, we should not keep the fee level very high. We felt that the fee for the two year program should be kept less than 10 lakhs so that our students can get a bank loan easily. This is important to us since even government institutions such as the IIMs charge more than 11 lakhs for their programs.

You may ask how is it that we are able to keep the fee low even when we have visiting US based professors who not only have to be paid more (in tune with the US salaries) but also have to be paid for their travel to India. This is where we innovated in our business process model. We questioned the assumptions underlying each item of cost to ensure that we keep our costs low and pass on that benefit to students in the form of lower fees.

Our tuition fees for the two year program is Rs.9.6 lakhs including service taxes. In this respect, therefore, we are much lower than most other ranked schools in India.

Dean