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IIT Bombay-WashUExecutive MBA (Batch 6)Classroom Sessions at Mumbai, India The Brookings Institution,Washington, DC. Washington University in St. LouisStarts 14th January 2021
IndexAbout the Schools03School Rankings04Message from the CEO05Program Overview07Program Benefits08Curriculum09Modules10Faculty11Alumni Benefits14Certificate16Who Should Attend17Past Participant Profiles18Participant Testimonials20Admission Process21Program Fees24Contact Us25
About IIT BombayIIT Bombay is India's leading technologyand research university. Alumni of IITBombay have gone on to becomesuccessful entrepreneurs, CEO's andMembers of Parliament.About Washington University in St. LouisWashington University in St. Louis(WashU) is renowned for its globalcontribution as a leader in researchand education. Several programsoffered by WashU hold a spot in theUS News & World Report Top 25Ranking.WashU has been affiliated with 24Nobel Laureates, many of whom haveaccomplished a significant portion oftheir award-winning work at theUniversity.3
School Rankings#1IIT Bombay Program by India,QS World Ranking2019 Ranking#4Shailesh J. Mehta School ofManagement Program by Indiafor Business and Management studies,QS World Ranking2019 Ranking#7The Executive MBA Program byWashington Universityand Fudan University in China,Financial Times2019 Ranking4
Message from the CEOGopal is an alumnus of the IIT B-WASHU EMBAProgram and the CEO of the IIT Bombay-WashUJoint Venture. Here is his message to futureparticipants.“Steve Jobs famously noted that you can onlyconnect the dots looking backward, and that iscertainly true in my case. My decision to pursueIITB – WashU Executive MBA program was basedpurely on the fact that after working for so manyyears in various corporates across industries wasto learn something different. Looking back, Ihave benefited immensely from the breadth ofstudy and interdisciplinary training I receivedthrough this program.We are dedicated to educate tomorrow’s leadersusing the foundations of discipline-based rigorand analysis with amazing achievements andassets – the greatest being our extraordinaryfaculty who have a global impact. Our mission isto influence and educate current and futureleaders by creating knowledge with enduringimpact.”5
Program OverviewThe business world is on the cusp of major changes – driven by globalization. Thenext generation of business leaders must be ready to take advantage of thesechanges while anticipating major disruptions in their industries.In order to meet this emerging need for global-ready business leaders, IIT Bombayand Washington University in St. Louis (WashU) have partnered to offer anExecutive MBA, designed to empower participants to become better leaders in theirfields and accelerate their careers.This joint Executive MBA, the first and only one-of-a-kind in India, has beencarefully put together by thought leaders and world-renowned faculty membersfrom both IIT Bombay and WashU for professionals who are at a formative stage intheir careers. Participants will learn to be strategic, collaborative, and adaptive,and will cultivate a global perspective in their business outlook.The program focuses on strategic management, organizational behavior, datamodelling & decision making, cost analysis, and negotiation skills, while alsocovering global perspectives on macro-economics, supply chain management,valuation, and growth strategiesProgram participants will also enjoy lifelong alumni benefits from both universities.The Executive MBA program has been closely modelled on WashU's internationallyrecognised sister programs in the U.S. and China with many courses taught by thesame faculty members. Participants learn how to think strategically, act effectively,and lead empathetically while driving growth and building a solid organisationalculture.6
Accelerate Your CareerBy enrolling in this program you are making a commitment to your career.Participants of the Executive MBA develop well-rounded, internationallyrecognized skills to grow their organizations, harness technological advances, andanticipate change. Whether you are beginning an entrepreneurial venture, lookingto grow within your existing organization, or planning to take your career to theglobal stage, this groundbreaking program will equip you with the right mindset,network, and foresight to make that career leap.Peer GroupWhile participants learn from accomplished faculty and guest speakers, they alsohave the opportunity to sharpen their skillsets by spending time with a proficientcohort. Your peers will come from diverse backgrounds, includingmultinational organizations, lean start-ups and government organizations.Participants will benefit immensely from access to this unique network of futureleaders.7
Program BenefitsThe program offers participants animmersive yet flexible learning journeymeant to help them grow in their careers andbecome effective leaders. The benefits of thisprogram are:An MBA (Executive) degree granted jointlyby IIT Bombay and WashU17 residential classroom sessions atTaj Lands End or/and IIT Bombay Campus.Once a month (Thursday to Sunday) byfaculty from IIT Bombay and WashU2 weeks of International Residency at theBrookings Institution, Washington DC andat Washington University in St. LouisOn successful completion of the program,participants become an alumni ofIIT Bombay and WashUThe Top 20% of the class joins the globalBeta Gamma Sigma networkLearn how to think strategically, acteffectively, and lead empathetically whiledriving growth and building a solidorganizational cultureEngage with a diverse peer group of futureleaders from an array of sectors andindustries8
CurriculumParticipants receive: 17 classroom sessions at Mumbai Taj Lands End or/and IIT Bombay Campus Classroom sessions in Mumbai are conducted by IIT Bombay and WashU faculty Classroom sessions in Mumbai are held once a month, from Thursday to Sunday 1 week immersion at the Brookings Institution in Washington DC 1 week immersion on campus at Washington University in St. LouisCore Functional Topics Strategic ManagementOrganizational Behavior and DesignData Modelling and DecisionsCorporate FinanceMarketing ManagementIntroduction to Financial AccountingOperations and ManufacturingManagement Managerial Economics Strategic Cost Analysis Communication and NegotiationSkills9Advanced Functional Topics Managing Power and Influence inOrganizations Leadership Advanced Marketing Macroeconomics Competitive Strategy & IndustryAnalysis Global Supply Chain Management Growth, Valuations, andSustainability Global Business Planning andStrategy Strategic Management of Innovation
Program Modules17 classroom sessions are conducted in Mumbai once a month, from Thursday toSunday).International Residency is at the Brookings Institution, Washington DC and atWashington University in St. LouisCore10 sessions of4 days eachAdvance7 sessions of4 days each Strategic ManagementOrganizational Behaviour and DesignCommunication and Negotiation SkillsIntroduction to Financial AccountingData Modeling and Decisions Marketing ManagementCorporate FinanceOperations & Manufacturing ManagementCompetitive Strategy & Industry AnalysisGrowth, Valuation, and Sustainability Strategic Cost AnalysisAdvance MarketingMacroeconomicsGlobal Supply Chain ManagementLeadership Managerial Economics Managing Power and Influence in OrganizationsInternational Residency ProgramTowards the later part of the program, participants will travel to Washington DCand St. Louis to attend the 2-week International Residency at these locations.During the International Residency you will participate in: Classroom sessions Industry visits in St.Louis One-to-one Executive Coaching Session One-to-one Career Services session10
FacultyParticipants benefit from access to a global and diverse team of faculty membersfrom both universities along with thought leaders and established businessleaders.By leveraging renowned faculty members from both IIT Bombay and WashU,participants gain dual perspectives on business and leadership from two of theworld’s largest markets.S.Narayan RaoHead, Shailesh J. Mehta School of Management, IIT BombayHe is a Professor of Finance with an interest in CorporateFinance, Mergers & Acquisitions, Investment Management,Capital Markets, and Behavioral Finance amongst others. Prof.Rao has been associated with the Shailesh J. Mehta School ofManagement since 1998. He has been visiting faculty at IIMIndore and IIM Shillong. Prof. Rao has been a regularcontributor to many publications and journals and haspresented and published many papers at various national andinternational conferences.Mark P TaylorDean, John M. Olin School of Business and Donald DanforthJr. Distinguished Professor of FinanceHe is one of the most highly cited financial economists in theworld, and began his career as a foreign exchange trader inthe city of London and also spent several years as an advisorat the Bank of England and the International Monetary Fundin Washington, DC. He was also the managing director ofBlackRock, the world’s largest asset manager, where he ledthe European arm of the Global Market Strategies Group, alarge global macro investment fund.11
Professor of Data Modeling --------------------Markus BaerAssociate Professor ofOrganizational ----------------Kurt DirksVice Chancellor of InternationalAffairs and Bank of AmericaProfessor of ------------------Mahendra GuptaFormer Dean and Geraldine J.and Robert L. Virgil Professor ofAccounting and ------------------Vinish KathuriaProfessor of -----------------Lee KonczakAcademic Director, Executive MBAProgram and Senior Lecturer inOrganizational ----------------Todd MilbournVice Dean and Hubert C. & DorothyR. Moog Professor of ---------------Jackson NickersonBrookings Non-resident SeniorFellow in Government Studiesand Frahm Family Professor ofOrganization & -------------Usha AnanthakumarNicholas ArgyresVernon W. & Marion K. PiperProfessor of ----------------William BottomJoyce and Howard WoodDistinguished Professor ofOrganizational ----------------Daniel ElfenbienAssociate Professor of ----------------John HornProfessor of Practice in -----------------Ronald KingMyron Northrop Professor --------------------Panos KouvelisDirector of The Boeing Center forSupply Chain Innovation andEmerson Distinguished Professorof Operations and -------------------------------Patrick MoretonProfessor of Practice inStrategy and Managementand Senior Associate Deanfor Graduate ----------------T. T. NiranjanAssociate Professor ofOperations Management
Professor of -----------------Dinesh SharmaProfessor of ----------Stephen RyanSeethu SeetharamanDirector, MS in CustomerAnalytics; Director, Center forCustomer Analytics and Big Data(CCABD) and W. Patrick McGinnisProfessor of -----------------Anjan ThakorDirector of Doctoral Programs &CFAR and John E. Simon Professorof Finance
Alumni BenefitsParticipants of the program enjoy lifelong alumni benefits from both universities.IIT Bombay Alumni BenefitsAlumni Career and Networking ServicesAlumni join a network of professionals based all over the world. The AlumniCareer and Networking Services offers its members seminars, workshops,and networking events.Additionally, IIT Bombay organizes regular social events and specialinterest group meetings throughout the year with activities planned notonly in Mumbai but across India – giving its alumni ample opportunities toexpand their professional and social networks.Lifelong LearningAlumni receive access to lectures, discussion sessions, and on-campusconferences.Student-Alumni ContactAlumni are encouraged to develop themselves as mentors to the nextgeneration of IIT Bombay students through the University’s expansivementoring opportunities including on-campus lecture series, internshipprograms, and recruitment drives.Ongoing BenefitsAlumni have access to an online alumni directory, an IIT Bombayforwarding email account, discount on accommodation at the InstituteGuest House, and discounted rates library, pool, and Gymkhana facilities.14
WashU Alumni BenefitsCareer and Networking OpportunitiesWashU alumni have access to a directory of over 130,000 alumni as wellas multiple social media channels which add value to members’professional and personal lives. WashU maintains local alumni chaptersaround the world and global special interest groups. WashU alsoprovides ongoing career resources to ensure alumni stay competitive andknowledgeable in their fields.Ongoing BenefitsAlumni have access to a WashU forwarding email and exclusive WashUmerchandise – including the WashU Ring, an instant way to spot a fellowalumnus.Alumni also have exclusive access to regular travel opportunitiesorganized by WashU Alumni Association – a great way for alumni toexpand their professional and social networks while seeing the world.15
CertificateUpon successful completion of the Executive MBA program, participants will beawarded a Master of Business Administration.16
Who Should AttendThis program is appropriate for participants who have had significant professionalexperience. Past participants have been CEO’s, CIO’s, CXO’s, Presidents,Directors, VP’s, AVP’s, Business Heads and EntrepreneursParticipants should be able to demonstrate: A strong drive to succeed Ability to adapt, learn and apply new knowledge in varied situations 7 years of work experience with 5 years in a managerial position A graduate degree with a strong academic track record Fluency in written and spoken English17
Past Participant ProfilesPast participants have been senior professionals from across industries.Work ----More than 30 Years26-30 Years4%2%Less than 10 Years7%21-25 Years13%10-15 Years49%16-20 %C-Suite5%Business Unit Lead5%Heads of Departments11%VP & AVP18%Director14%Others include Engineer, Consultant, Head of Sale, Product Specialist, Business Adviser,Mobility Architect, Deputy Financial Adviser etc.Note: Data from across previous batches18
----Others23%Information Technology22%Retail2%Banking & FinancialServicesEducation2%20%Energy - Oil & Gas4%Consulting5%Branding & ng9%Others include Biotechnology, Lifesciences, Chemical R & D, Media, Human Resource Development,Infrastructure, Mining, NGO, Production, Shipping, -----------------------Sample of our past participants e: Data from across previous batches19
Participant TestimonialsDr. Paul PallathGlobal Technology Head of Artificial Intelligence,Levi Strauss & CO, San Francisco, California, USA.IITB-WashU Executive MBA is a rigorous program where learning bydoing is the key. The rich interactions among senior executives fromdiverse domains and seniority levels facilitated by world-renownedfaculties expanded my perspective and broadened my vision to the artof the possible. My decision to choose this program is one of the bestdecisions that I have made.Deepti ThakreDirector Compliance and HRAllrig, Inc., Mumbai, IndiaThe IITB-WashU Executive MBA Program offered me modules that areextremely important for business management. The most excitingtopic for me was the finance module; it gave me the confidence to havea conversation with the CFO of my company and make observationsthat are unique and which add value to the company’s growth.20
Admission ProcessEligibility/Pre-requisitesTo be eligible for the program, you must meet the minimum requirements listedbelow:Bachelors degreefrom aUGC recognizeduniversity7 years ofwork experience5 years ofmanagerialexperienceExcellentEnglish languageskillsRequired DocumentsPlease ensure you have the following documents in soft copy.A. Proof of Personal IdentificationScanned copy of valid passport – Identity and address both pages (please scanthe passport that you will use for visa application)B. Proof of Qualification and Education Soft copy of your original Bachelor’s Degree Soft copy of semester-wise original marksheets or transcript of your graduationC. Proof of Work Experience Appointment and relieving letters of all previous organisations as mentionedin CV Experience certificates and promotion letters of all previous organisations asmentioned in CVD. Updated CV/Resume with two references and their contact detailsE. Two Letters of Recommendation21
F. Sponsor Letter of Commitment If you are employed, your company commitment letter can be provided by theHR of the company or your supervisor or boss. If you are self-employed or an entrepreneur, your firm can provide you with acommitment letter. Or you can provide a statement confirming your statusand affirming that you understand the expectations of the Executive MBAprogram and the commitment it will require.Note: If you are an entrepreneur, please submit the following documents as proofof work experience (self-attested so copies saved as a single PDF)1. Certificate of Registration under the companies act2. Latest GST Certificate3. A letter on the company letterhead that the company is still operational4. Partnership registration certificate (optional in case the companycommitment letter is provided by the partner)Note: You will need to carry the original hard copies of above documents onOrientation Day for verification purposes.22
IF YOU ARE CONSIDERING THIS PROGRAM PLEASE NOTE THAT1. This is a rigorous program and requires participants to invest time outside ofclassroom on assignments, cases and pre-reads. The program includesassignments which participants are required to complete to graduate2. You will not be eligible for a US OPT Visa after you graduate this is an executiveeducation programROUNDDEADLINERound 1ClosedRound 2ClosedRound 321st July 2020Round 41st September 2020Round 55th October 2020To apply to the program, please complete the online application form.Apply Now23
Program FeesINR 39 Lakhs(no additional GST is applicable).Student loans are available. Please write to enquiry@iitb-wustl.org for student loandetails.The Program Fee includes: Teaching sessions, cases and other reading material for all modules Accommodation and meals at Taj Lands End and/or IIT Bombay campus duringthe classroom sessions in Mumbai Accommodation and meals at Brookings Institution, Washington DC and atWashington University in St. Louis during the International ResidencyThe Program Fee does NOT include: Travel to Taj Lands End Mumbai and/or IIT Bombay campus Travel to Washington DC, USA and to St, Louis, USA Visa charges for a US F-1 (Student) visaPayment ScheduleBooking Amount: INR 1.5 Lakhs up to 21st July 2020 (At the end of Round 3 ofadmissions)Booking Amount: INR 3 Lakhs from 22nd July 2020 onwardsBooking amount is to be paid in 7 days of receiving an acceptance letter.Booking amount is non-refundable but it can be carried forward to next year.ROUNDFEEDATEInstallment 1INR 11.5 Lakhs15th December 2020Installment 2INR 13 Lakhs15th June 2021Installment 3INR 13 Lakhs15th December 2021Program fee payments are to be made by RTGS or by Demand Draft.24
Contact UsEmail : enquiry@iitb-wustl.orgPhone: 91 9029007437 (India) 971 44302011 (Dubai)Schedule a call
The Executive MBA program has been closely modelled on WashU's internationally recognised sister programs in the U.S. and China with many courses taught by the same faculty members. Participants learn how to think strategically, act e ectively, and lead empathetically while driving growth and building a solid organisational culture.
