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IIT Bombay-WashUExecutive MBAClassroom Sessions at IIT Bombay Campus The Brookings Institution,Washington, DC. Washington University in St. Louis
IndexAbout the Schools. 03School Rankings. 03Message from the CEO. 04Program Overview. 05Program Benefits. 07Curriculum. 08Faculty. 10Alumni Benefits. 13Degree Certificate. 16Who Should Attend. 17Past Participant Profiles. 18Participant Testimonials. 20Admission Process. 23Application Process. 25Program Fee. 27Contact Us. 28
School Rankings#1#2#25IIT Bombay Programby India,QS World RankingShailesh J. Mehta School ofManagement Program byIndia for Business andManagement studies,QS World Ranking2021Olin Business Schoolat Washington Universityin St. Louis, FT GlobalMBA Ranking,20212021About IIT BombayIIT Bombay is India's leading technology andresearch university. Alumni of IIT Bombay havegone on to become successful entrepreneurs,CEO's and Members of Parliament.About Washington University in St. LouisWashington University in St. Louis (WashU) is renowned for its globalcontribution as a leader in research and education. Several programs offeredby WashU hold a spot in the US News & World Report Top 25 Ranking.WashU has been affiliated with 24 Nobel Laureates, many of whom haveaccomplished a significant portion of their award-winning work at theUniversity.Olin Business School at Washington University in St. Louis is accredited bythe three most recognized business school accreditation organizations.Executive MBA - 3
Message from the CEOGopal is an alumnus of the IITB-WashU EMBAprogram and the CEO of the IITBombay-WashU Joint Venture. Here is hismessage to future participants:“As the CEO of the joint venture between IITBombay and Washington University in St.Louis, my endeavor is to provide everyparticipant with a functionally excellent andpsychologically safe landscape. I believethat each of the 18 precious months theyspend with us should contributetremendously to their personal proficiencyand professional acumen. At the end of theirtenure, each one of them shouldmetamorphose into a newer and betterversion of themselves - a more confident,competent, and consistent professional orentrepreneur. They should be future-ready,transition-ready, and eager to embraceevery challenge or opportunity with grace,intelligence and intuition.”Gopal ShuklaCEO – IIT Bombay – WashU Joint VentureExecutive MBA - 4
Program OverviewThe next generation of business leaders must be ready to take advantage of thechanges driven by globalization and digital transformation while anticipating majordisruptions in their industries. To meet this emerging need for global-ready businessleaders, IIT Bombay and Washington University in St. Louis (WashU) have partneredto offer an Executive MBA (EMBA), designed to empower participants to becomebetter leaders in their fields and accelerate their careers.This joint Executive MBA, the first and only one-of-a-kind in India, will enableprofessionals to become more strategic, collaborative, and adaptive whilecultivating a global perspective in their business outlook. This program will help youmake a bigger impact within your company, make more effective decisions, andprepare you to take on more responsibilities and leadership roles. Programparticipants will also enjoy lifelong alumni benefits from both universities. TheExecutive MBA program has been closely modelled on WashU's internationallyrecognized sister programs in the U.S. and China, with many courses taught by thesame faculty members.Cost AnalysisData Modelling &Decision MakingOrganizationalBehaviorStrategic ManagementNegotiation SkillsMacro-economicsProgramFocusSupply ChainManagementGrowth Strategies1st in India Joint Degree EMBA ProgramThink Strategically, Act Effectively, and Lead EmpatheticallyExecutive MBA - 5
Accelerate YourCareerBy enrolling in this program, you aremaking a commitment to your career.Participants of the Executive MBAdevelop well-rounded, internationallyrecognized skills to grow theirorganizations, harness technologicaladvances, and anticipate change.Whether you are beginning anentrepreneurial venture, looking togrow within your existingorganization, or planning to take yourcareer to the global stage, thisgroundbreaking program will equipyou with the right mindset, network,and foresight to make that career leap.Peer GroupWhile participants learn fromaccomplished faculty and guestspeakers, they also have theopportunity to sharpen their skillsetsby spending time with a proficientcohort. Your peers will come fromdiverse backgrounds, includingmultinational organizations, leanstart-ups and governmentorganizations. Participants willbenefit immensely from access to thisunique network of future leaders.Executive MBA - 6
Program BenefitsThe program offers participants an immersive yet flexible learningjourney meant to help them grow in their careers and becomeeffective leaders. The benefits of this program are:An MBA (Executive) degree granted jointly by IIT Bombay andWashU17 residential classroom sessions at the IIT Bombay Campus.Once a month (Thursday to Sunday) by faculty from IIT Bombayand WashU2 weeks of International Residency at the Brookings Institution,Washington DC and at Washington University in St. LouisOn successful completion of the program, participants becomean alumni of IIT Bombay and WashUThe top 20% of the class joins the global Beta Gamma SigmanetworkLearn how to think strategically, act effectively, and leadempathetically while driving growth and building a solidorganizational cultureWashU CNX (pronounced “WashU connects”), WashingtonUniversity’s new online community for networking andmentorship is a centralized digital platform, which makes it easyto find WashU connections across the globeExecutive MBA - 7
Curriculum1720classroom sessions areconducted at the IITBombay Campus,Mumbai once a month,from Thursday toSunday.leading faculty at IITBombay and WashUconduct the classroomsessions in Mumbai1week immersion eachat the BrookingsInstitution inWashington D.C. & atthe WashingtonUniversity in St. LouisCore Functional TopicsStrategic ManagementData Modelling and DecisionsMarketing ManagementIntroduction to FinancialAccountingOrganizational Behavior and DesignManagerial EconomicsOperations and ManufacturingManagementCorporate FinanceBusiness Start-Up Consulting Project Experiential LearningCommunication and Negotiation SkillsAdvanced Functional TopicsGlobal Supply Chain ManagementStrategic Management ofInnovationData-Driven Decision MakingCustomer AnalyticsStrategic Cost AnalysisCapstoneProject2 WeeksManaging Power and InfluenceMacro EconomicsGrowth, Valuation & SustainabilityCompetitive Strategy & IndustryAnalysisLeadership The two-week capstone project is an integral part of theprogram and will help you build on the learnings from themodules to solve real-world business challenges Guided by the program faculty, this hands-on learning willsharpen your understanding to integrate the theoreticalconcepts with practical business applicationsExecutive MBA - 8
International Residency ProgramTowards the latter part of the program,participants will travel to Washington DC and St.Louis to attend the 2-week International Residencyat these locations. During the InternationalResidency you will participate in:Classroom sessionsIndustry visits in St.LouisOne-to-one Executive Coaching SessionOne-to-one Career Services sessionExecutive MBA - 9
FacultyS. Narayan RaoHead, Shailesh J. Mehta School of Management,IIT BombayHe is a Professor of Finance with interest inCorporate Finance, Mergers & Acquisitions,Investment Management, Capital Markets, andBehavioral Finance amongst others. Prof. Rao hasbeen associated with the Shailesh J. Mehta Schoolof Management since 1998. He has been visitingfaculty at IIM Indore and IIM Shillong. Prof. Rao hasbeen a regular contributor to many publicationsand journals and has presented and publishedmany papers at various national and internationalconferences.Mark P TaylorDean, John M. Olin School of Business and DonaldDanforth Jr. Distinguished Professor of FinanceHe is one of the most highly cited financialeconomists in the world, and began his career as aforeign exchange trader in the city of London andalso spent several years as an advisor at the Bankof England and the International Monetary Fund inWashington, DC. He was also the managingdirector of BlackRock, the world’s largest assetmanager, where he led the European arm of theGlobal Market Strategies Group, a large globalmacro investment fund.Executive MBA - 10
FacultyBy 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.Usha AnanthakumarProfessor of Data Modeling andDecisionsMarkus BaerAssociate Professor ofOrganizational BehaviorKurt DirksProfessor of LeadershipMahendra GuptaProfessor of Accounting andManagementVinish KathuriaProfessor of EconomicsTodd GormleyProfessor of FinanceNicholas ArgyresProfessor of StrategyWilliam BottomProfessor of OrganizationalBehaviorDaniel ElfenbienAssociate Professor of StrategyRadha GopalanProfessor of FinanceRonald KingProfessor of AccountingPeter BoumgardenProfessor of PracticeTarek GhaniProfessor of StrategyJackson NickersonProfessor of Organization &StrategyExecutive MBA - 11
Stephen RyanProfessor of EconomicsDinesh SharmaProfessor of MarketingSeethu SeetharamanProfessor of MarketingAnjan ThakorProfessor of FinanceDennis ZhangAssociate Professor of SupplyChain, Operations, andTechnologyNote: This is a tentative list, and the confirmed faculty will be shared closer to the program commencement.Executive MBA - 12
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 the Shailesh J. Mehta School of ManagementAlumni Network, which offers access to an online alumni directory, an IITBombay forwarding email account, discount on accommodation at theInstitute Guest House, and discounts on access to the library, pool, andgymkhana facilities.Executive MBA - 13
Benefits for Life MembersAs a Life Member, you can steer the destiny of your Association by electingyour Board of Directors in annual elections. You can yourself also contestelectionsFifty percent concession in Guest House accommodation chargesA Life Membership Card which gives easy access to the campusEasy access to the campus and facilities such as concession in librarymembership charges, access to the swimming pool, and other gymkhanafacilitiesThe Alumni Association’s activities are solely supported by the one-timemembership fees of its life members. Your life membership provides keysupport, enabling the Directors, volunteers, and staff of IITBAA/IITBHF, whowork tirelessly to implement initiatives, programs, services, and eventsYou support the expansion and growth of IITBAA by signing up for lifemembership and encouraging other alumni to sign upOther Additional Benefits for all AlumniAccess to Life-long @iitbombay.org inbox with free 30 GB inbox spaceA web infrastructure that gives you monthly newsletters and updatesCreation of mailing groups based on your chapter, hostel, department,batch, and other affiliations and a facility to network with a powerfulalumni bodyOrganizing events on the campus like batch reunions, Annual Alumni Day,Sports Meet, mentorship programs, and much moreOrganizing events in your local chapters like Fresher’s Night, talks,entertainment, and several other theme eventsCements your ties with the Institute and the global alumni communityand allows you numerous networking opportunities at the chapter levelas well as globallyExecutive MBA - 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.Benefits and opportunities for alumni:Share your professional experiencewith current students and fellowalumniLearn about a new field beforeconsidering a career changeShare job or internship opportunitieswith students and alumniExpand your WashU network locallyand globallyExecutive MBA - 15
Degree CertificateUpon successful completion of the program, participants will be awarded aExecutive Master of Business Administration Degree Certificate.Note: All certificate images are for illustrative purposes only and may be subject to change at the discretion ofIIT Bombay and Washington University in St. Louis.Executive MBA - 16
Who Should AttendThis program is appropriate for participants who have had significantprofessional experience. 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 succeedAbility to adapt, learn and apply new knowledge in varied situations7 years of work experience with 5 years in a managerial positionA graduate degree with a strong academic track recordFluency in written and spoken EnglishExecutive MBA - 17
Past Participant ProfilesPast participants have been senior professionals from across industries.Work -----1%16%20% 10 Years11 - 20 Years21 - 30 Years31 Years63%Participant -19%22%ManagerVPs, AVPs & Business HeadsC-Suite Executives & DirectorsOthers*44%15%*Others include Engineer, Consultant, Head of Sale, Product Specialist, Business Adviser, Mobility Architect,and Deputy Financial Adviser, amongst others.Executive MBA - 18
---20%27%Information TechnologyBanking & Financial ServicesHealthcare2%Manufacturing3%Real EstateEnergy - Oil & Gas3%Telecom4%Retail16%Others*12%13%*Others include Biotechnology, Life Sciences, Chemical R&D, Media, Infrastructure, Mining, Shipping,Transportation, amongst ---------------Sample of our past participants' organizations' -----------------------------------------Executive MBA - 19
Participant TestimonialsAtul BarjatyaHead of Channel Sales,Merck Life Services Pvt. Ltd.“I strongly believe that its always survival of themost adaptable and not the fittest and with thispursuit one needs to keep upgrading himself. ThisExecutive MBA concentrates a lot on the case studybased dissemination of the knowledge, not on thetypical textbook-based learning; this approach hashelped me despite having almost three decades ofexperience to see a different perspective. I believethis particular learning will help me in the futurewhen I take up the position of CEO. The world ischanging at a rapid pace and if one does notupskill then the impact is not just on the individualbut the entire organization.”Manjunath DudyalaFounder & Director,EveDa Solutions Pvt. Ltd.“It’s a power-packed program and a verywell-designed program keeping internationalcurriculum in mind for aspirational people whointend to move to the next level in their career orbecome entrepreneurs. One gets access to thepowerful IIT Bombay and Washington Universityalumni network which allows networking globally.All of these well-established professors andindividuals support you in achieving your goal.”Executive MBA - 20
Career Transitions of IITB-WashUExecutive MBA AlumniJoint EMBA ProgramDirector of ProductManagement,(iPaaS)MicrosoftSr. Programmer,Supply Chain IT,MicrosoftJoint EMBA ProgramGeneral Manager,Emerson Network PowerDirector,VertivJoint EMBA ProgramProgram Manager,Wipro TechnologiesDelivery Head - India,AZUREExecutive MBA - 21
Joint EMBA ProgramCEO - Healthcare,Hati InternationalVice President,Clinical Transformation,Middle East & Africa,OHUM Healthcare SolutionsJoint EMBA ProgramChief Technical Officer,Infrasoft Technologies Ltd.Group EVP - Digital Payments andMobility, Yes BankJoint EMBA ProgramEVP big Data & Advanced Analytics,VodafoneGlobal Technology Head ofArtificial Intelligence,Levi Strauss & Co.Executive MBA - 22
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 EducationSoft copy of your original Bachelor’s DegreeSoft copy of semester-wise original marksheets or transcript of your graduationC. Proof of Work ExperienceAppointment and relieving letters of all previous organizations as mentionedin CVExperience certificates and promotion letters of all previous organizations asmentioned in CVD. Updated CV/Resume with two references and their contact detailsE. Two Letters of RecommendationExecutive MBA - 23
F. Sponsor Letter of CommitmentIf 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 the above documentson Orientation Day for verification purposes.Executive MBA - 24
Application ProcessStage 1. Start ApplicationUpdated CV/ ResumeThree Written EssaysPersonal StatementStage 2. Interview PreparationSoft copy of documents of:Work experience (based on CV)Education/ QualificationID proofInstall applications for interviewZoomStage 3. The InterviewInterview with CEOInterview with IIT Bombay FacultyInterview with WashU FacultyStage 4. Complete ApplicationLetter of RecommendationSponsor Letter of CommitmentStage 5. Selection and Initial FeePayment of Initial FeePayment of Installment 1Executive MBA - 25
IF YOU ARE CONSIDERING THIS PROGRAM PLEASE NOTE THAT1. This is a rigorous program and requires participants to invest time outside ofthe classroom 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 since this is anexecutive education programROUNDDEADLINERound 1ClosedRound 2ClosedRound 3Sep 15, 2022Note: Seats are on a first-come, first-serve basis. There may or may not be further rounds basis the seatavailability.Program Duration: 18 MonthsTo apply to the program, please complete the online application form.APPLY NOWExecutive MBA - 26
Program FeeINR 42 LakhsInitial fee to be paid within 7 days of receiving the acceptance letter. Fee is nonrefundable and no additional GST is applicable).Student loans are available. Please write to enquiry@iitb-wustl.org forstudent loan details.The non refundable Program Fee includes: Teaching sessions, cases, and other reading material for all modules Accommodation and meals at the IIT Bombay campus during the classroomsessions 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 the IIT Bombay campus Travel to Washington DC, USA and to St, Louis, USA Visa charges for a US F-1 (Student) visaPayment ScheduleInitial Fee: INR 3 LakhsThe initial fee is to be paid in 7 days of receiving an acceptance letter and isnon-refundable, but it can be carried forward to next year.InstallmentFEEDATEInstallment 1INR 14 LakhsDec 15, 2022Installment 2INR 14 LakhsMay 15, 2023Installment 3INR 14 LakhsOct 15, 2023Program fee payments are to be made by RTGS or by Demand Draft.Executive MBA - 27
Contact UsEmail : enquiry@iitb-wustl.orgPhone: 91 8277998590 (India) 971 44302011 (Dubai)SCHEDULE A CALL
An MBA (Executive) degree granted jointly by IIT Bombay and WashU 17 residential classroom sessions at the IIT Bombay Campus. Once a month (Thursday to Sunday) by faculty from IIT Bombay and WashU 2 weeks of International Residency at the Brookings Institution, Washington DC and at Washington University in St. Louis
