IDDDP in Management


IDDDP in Management offered by Shailesh J Mehta School of Management (SJMSOM)

 

Inter-Disciplinary Dual Degree Program ( IDDDP ) in Management is an MBA with specialization offered to 4th year B Tech/BS/Dual Degree to students of IITB. After successful completion of the program, participants receive B Tech in their branch and MBA with chosen specialization. For example, a B Tech student from the computer science department opting for finance specialization will receive B Tech (Comp Science) and MBA (Finance). Similarly, a BS student from the Maths department opting for operations management will receive a BS (Maths) and MBA (Operations Management).

 

Details of the program are given below:-

(1) Admission criteria:

  1. B. Tech / BS /DD students can apply for the program at the end of their sixth semester with the approval of the DUGC of the concerned department.
  2. Students must have a minimum CPI of 7.0 at the end of their sixth semester and should not have any backlog in their UG courses.
  3. Students need to indicate their preferences for different specializations, e.g., Finance or Operations Management (these two specializations are available at present).
  4. Shortlisting will be based on the CPI and the final selection will be based on the Interview process.
  5. A student who chooses this program and thus receives a dual degree in Management, will not be eligible for a minor in Management.

(2) Intake:

To start with specialization is offered in Finance and Operations Management. The intake will be 10 for each of the specialization, i.e., 20 in total

(3) Curriculum Description:

i) Fundamental Courses (30-46 credits) – Comprises various functional areas of Management. Some courses are covered as B Tech minor courses in Management and some are MBA first-year courses. It allows flexibility to earn the required credits through MBA 1st year courses and B.Tech. Minor courses.

ii) Specialization Courses (30-33 credits) - Comprises Specialization courses of MBA 2nd year or equivalent courses as applicable to the choice of specialization.

iii) Elective Courses (12-44 credits) – Comprises of SJMSOM courses and a relevant list of courses from other academic units. Instead of few electives, a project of 12 credits (Optional) can be undertaken;

iv) Mandatory Summer Internship of 2 credits (at the end of 4th year) along with MBA first-year students.

v) Mandatory 12 credit project (during 9th semester) in the area of specialization under the supervision of a faculty member from the respective specialization area (FIN/OM). Co-supervisor, if required, can be a faculty member from another academic unit of the Institute;

(4) Summer internship and final placements:

Students will join SJMSOM MBA students for summer internships and final placements. Summer internship starts in the first week of May

Link for placement reports: Placement Report

(5) Programme Fee

i) During the 4th year, the students will continue to pay B Tech/BS/DD fee;

ii) Upon migration to the program, students should pay a fee for the fifth year as per the fee structure applicable to 2nd year MBA students of SJMSOM, IIT Bombay. The following link gives fee details

Indian Fee Structure 2020-22

FAQs

1. Since most students do not have any previous background in Business, how can they be prepared for the more demanding courses?

Ans: That should not be an issue. Some IIMs offer 5-year Integrated Program in Mgt for students who completed 12th standard. Integrated MBA program after 12th standard is well established in Engineering colleges as well. Apart from that, in our 2-year full-time MBA program in every batch, we have freshers to the extent of 10%-15% of class size.

2. Will a student be considered for the other specialization if he/she is not selected for the other one? Eg- if a student whose priority was finance doesn't get selected, so would he/she have considered for operations management or not? 

Ans: No, the student has to decide on their choice of specialization and select only one specialization at the time of submitting the application.

3. Would the opportunities that IDDDP students get in SJMSOM placements be the same as the students doing a full-fledged MBA?

Ans: Yes, while comparing with full-fledged MBA students with similar specialization. Some full-fledged MBA students may prefer to spread their elective courses among two/three areas, instead of specializing in a single area. Those students may get different job profiles. If the job profile does not require specialization IDDDP students also will be eligible with full-fledged MBA students.

4. Will the selections depend upon projects undertaken? What if a student is interested but has not done any project or course earlier?

Ans: Yes, to some extent selection depends on the projects. There will be some weightage for the projects undertaken by the students. The focus of the interview will be a) Subject knowledge b) General Awareness and current affairs with reference to corporate/economy, both domestic and international, and c) Communication skills.

5. Would an IDDDP student allowed to sit for placements through PT cell IITB along with SOM placements, or he/she will be restricted to SOM placements only?

Ans: You need check this with Prof in Charge of IIT placement or IIT placement cell. If you get a placement opportunity at IIT placement as well, you need to choose either placement at SJMSOM or placement at IIT.

6. If I do finance specialization then will I be eligible to sit for other specialization jobs which come through the SJMSOM placement cell i.e. will all companies be open for all irrespective of the specialization?

Ans: Yes, if the position does not require specialization everyone is eligible for such opportunities. No, if the position requires a particular specialization and it is different from your specialization.

7. How many students will be selected for the interview round?

Ans: Depends on the number of applications, it may range from 3:1 to 5:1

8. Will this process start after 18th June, which is after the applications of the IDDDP?

Ans: Yes. Last date for applications is 18 June. Interview process may by scheduled either in the last week of June or first week of July.

9. Is it compulsory to have a professor as a guide in the application, or we can get the prof after the selection?

Ans: No, it is not compulsory. The project will be during the 9th semester, so there is no need of identifying a professor at the time of application. However, if it is a piece of essential information to complete the form, the student can choose area chair :

Prof. G. K. Adil ( adil@iitb.ac.in, for operations management specialization )

Prof. S.N. Rao ( narayan@iitb.ac.in, for finance specialization )

10. And is it mandatory that the professor who will be our guide has to be from an Operations or Finance background, or can we choose the other professors like that of marketing or strategy as our guide for the IDDDP project?

Ans: As the project will be either in Finance or OM area, the guide will be from the concerned area, if required co-guide can be from another area.

 

Semester-wise courses for Finance Specialization 

During Autumn /7th Semester of 4th year of B Tech/BS/DD During Spring/8th Semester of 4th year of B Tech/BS/DD

Code

Title

Credits

Category

Code

Title

Credits

Category

MG 401

Marketing Management

6

Fundamental

MG 406

Operations Management

6

Fundamental

SOM 603

Fundamentals of Financial & Managerial Accounting

4

Fundamental

SOM 613

Corporate Finance-II

4

Fundamental

SOM 606

Corporate Finance-I

4

Fundamental

SOM 614

OB&HR-I

4

Fundamental

SOM 601

Communications & Interpersonal Skills

4

Fundamental

SOM 618

OB&HR-II

4

Fundamental

Total credits

18

Total credits

18

SUMMER INTERNSHIP

Autumn Semester of 5th year (9th Semester)

Spring Semester of 5th year (10th Semester) 

Code

Title

Credits

Category

Code

Title

Credits

Category

SOM XXX

Summer Internship

2

Internship

SOM 619

Corporate Governance and Business Ethics

4

Fundamental

SOM 605

Statistical Methods

4

Fundamental

SOM 658

Start-up Financing

4

Specialization

Any 7 of 8 specialization courses given below

SOM 652

Indian Financial and Business Models

4

Specialization

SOM 650

Mergers, Acquisitions, and Business Valuation

3

Specialization

SOM 707

Behavioural Finance

4

Specialization

SOM651

International Finance

3

Specialization

SOM 718

Money: Past-Present and Future

4

Specialization

SOM655

Derivatives and Risk Management

3

Specialization

Electives: Out of the following registration required for 12-20 credits

SOM698

Management of Banking and Financial Services

3

Specialization

SOM 744

Multivariate Data Analysis

6

Elective

SOM 653

Security Analysis and Portfolio Mgt

3

Specialization

MNG 694

Predictive Analytics

3

Elective

SOM 654

Fixed Income Securities

3

Specialization

SOM 616

Technology Mgt

4

Elective

SOM 704

Foundations of Pvt Equity& Venture Capital

3

Specialization

SOM 617

Corporate Strategy

4

Elective

SOM 676

Infrastructure Development Financing

3

Specialization

SOM 621

Legal Aspects of Business

4

Elective

SOM XXX

Project-1 (compulsory in Fin )

12

Project

IE 708

Markov Decision Process

6

Elective

 

 

DS 303

Introduction to Machine Learning

6

Elective

 

 

Project-II (Optional)

12

Project

Total Credits

39

Total Credits

32 - 40

 

Total credits earned = 18+18+39+32 to 40 =107 to 115

Note:

1.Lists of Specialization and Elective courses are dynamic and can change based on the availability of the courses

2. Students can also take electives that are outside the mentioned courses with the approval of the concerned faculty and Finance Area Chairperson.

3. Students can take any SOM course, other than listed above, as an elective if they meet pre-requisites if any.

 

Semester-wise courses for Operation Management Specialization

During Autumn /7th Semester of 4th year of B Tech/BS/DD During Spring/8th Semester of 4th year of B Tech/BS/DD

Code

Title

Credits

Category

Code

Title

Credits

Category

MG 403

Accounting and Finance

6

Fundamental

MG 406

Operations management

6

Fundamental

SOM605/MNG 802

Statistical Methods/Statistics for Management Research

4 or 6

Specialization

(Compulsory)

SOM614

OB & HR-I

4

Fundamental

SOM 608/IE 601/IE 609

Decision Models in Management/ Optimization Techniques/Mathematical Optimization Techniques

4 or 6

Specialization (Compulsory)

SOM618

OB & HR-II

4

Fundamental

  Total Credits ( Minimum ) 14     Total credits 14  

Total Credits (7th and 8th Semester): 28 ~ 32

Summer Internship
Autumn Semester of 5th year (9th Semester)
Spring Semester of 5th year (10th Semester)

Code

Title

Credits

Category

Code

Title

Credits

Category

SOM XXX

Summer Internship

2

Internship

SOM 613

Warehouse Operations

3

Specialization Elective

MG 401

Marketing Management

6

Fundamental

SOM 640

Service Operations Management

3

Specialization Elective

SOM 601

Communications & Interpersonal Skills

4

Fundamental

SOM 626

Advanced Planning and Scheduling

3

Specialization Elective

SOM 633

Quality Management

3

Specialization Elective

SOM 798

Experimental Design for Quality & Productivity Improvements

3

Specialization Elective

SOM XXX

Sustainable Supply Chain Management

3

Specialization Elective

SOM 806

Behavioral Operations Management

3

Specialization Elective

SOM 705

Supply Chain Optimisation

3

Specialization Elective

SOM 635

Operations Strategy

3

Specialization Elective

SOM637

Project Management

3

Specialization Elective

IE 604

System Dynamics Modelling & Analysis

6

Specialization Elective

IE 603

Discrete Event System Simulation

6

Specialization Elective

IE 602

Service Engineering and Management

6

Specialization Elective

ME 781

Engineering Data Mining and Applications

6

Specialization Elective

IE 714

Quantitative Models for Supply Chain Management

6

Specialization Elective

Minimum of 20 credit Specialization Electives (Compulsory) to be completed for the Award of Degree

SOM XXX

Project-I

(compulsory, in OM Area)

12

Project

SOM 744

Multivariate Data Analysis

6

Other Elective

CS 765

Introduction of Blockchains, Cryptocurrencies, and Smart Contracts

6

Other Elective

SOM XXX

Predictive Analytics

3

Other Elective

CS 747

Foundations of Intelligent and Learning Agents

6

Other Elective

SOM 612

Business Research Methods

4

Other Elective

DS 203

Programming for Data Science

6

Other Elective

SOM 616

Technology Management

4

Other Elective

CS 337

Artificial Intelligence and Machine Learning

6

Other Elective

SOM 617

Corporate Strategy

4

Other Elective

IE 643

Deep Learning: Theory and Practice

6

Other Elective

SOM 621

Legal Aspects of Business

4

Other Elective

SOM 619

Corporate Governance & Business Ethics

4

Other Elective

SOM XXX

Project II

12

Optional Project

Total Credits (9th and 10th Semester): 74 ~ 88
Total Programme Credits for the Award of Degree (7th to 10th Semester): 102 ~ 116

Note:

(a) Fundamental and Specialization (Compulsory) Courses are to be completed for the Award of Degree
(b) Lists of Specialization Electives and Other Elective courses are dynamic and can change based on the relevance and availability of the courses.