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 

B.Tech. MBA / BS MBA [Specialization : Finance]
Autumn Spring
Suggested Course Structure from Finance  Area Suggested Course Structure from Finance Area
Semester-7 Semester-8
Course Code Title Credits Course Code Title Credits
SOM 603 Fundamentals of Financial & Managerial Accounting 4 SOM619 Corporate Governance & Business Ethics 4
SOM605 Statistical Methods 4 SOM 613 Corpate Finance-II 4
SOM 606 Corporate Finance-I 4
SOM 601 Communications & Interpersonal Skills 4
Total credits 16 Total credits 8
Semester-9 Semester-10
Course Code Title Credits Course Code Title Credits
SOM XXX Summer Internship 2
MG402 OR SOM 614&618 Human Resource Management/OB&HR I&II 6 OR 8
MG 401/SOM 604 Marketing Mgt /Marketing Mgt-I 6 or 4 MG 406 Operations management 6
Total credits 6 Total credits 12 ~14
Course Code Title Credits Course Code Title Credits
SOM 650 Mergers, Acquisitions, and Business Valuation 3 SOM718 Money: Past, Present and Future 3
SOM 655 Derivatives and Risk Management 3 SOM698 Management of Banking and Financial Services 3
SOM 704 Foundations of Private Equity and  Venture Capital 3 SOM707 Behavioural Finance 3
SOM 651 International Finance 3 SOM652 Indian Financial and Business Models 3
SOM 653 Security Analysis and Portfolio Management 3
SOM 654 Fixed Income Securities/PP 3
SOM 658 Start-up Financing /RC 3
30
SOM XXX Project -I 12
Course Code Course Code Title
CS 337 Artificial Intelligence and Machine Learning 6 DS 303 Introduction to Machine Learning 6
CS 765 Introduction of Blockchains, Cryptocurrencies,
and Smart Contracts 6
ENT 603 Introduction to Entrpreunership 6
DS 203 Programming for Data Science 6
Course Code Title
SOM609 Information Systems 4 SOM 616 Technology Management 4
SOM 617 Corporate Strategy 4
SOM 621 Legal Aspects of Business 4
SOM 744 Multivariate Data Analysis 6
MNG 694 Predictive Analytics 3
SOM XXX Project II (Optional) 12
102 to 116

 

Credit Structure for B.Tech. MBA / BS MBA [Specialization : FIN)
Sem 7-8 Sem 9-10 Total Credit
Courses Credit Courses Credit
Fundamental 26 ~ 28 Fundamental 16 ~ 18 42 ~ 46
Specialization (Compulsory) 0 Specialization (Compulsory) 30 30
Summer Internship 2 2
Project I 12 12
Electives 20 ~27 20 ~27
Total Credits 26 ~28 80 ~88 106~116

 

 

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

 

 

B.Tech. MBA / BS MBA [Specialization : Operation Management(OM)]
Autumn Spring
Suggested Course Structure from OM Area Suggested Course Structure from OM Area
Group Semester-7 Semester-8
Course Code Title Credits Course Code Title Credits
Fundamental Core SOM XXX Financial & Managerial Accounting 6 SOM614 OB & HR-I 4
MG 406 Operations management 6
SOM618 OB & HR-II 4
Specialization (Compulsory) SOM605/MNG 802 Statistical Methods/Statistics for Management  Research 4 or 6
SOM 608 Decision Models in Management (4) or equivalent 6 credit credit (IE 601/IE 609) 4 or 6
Total credits (Minimum) 14 Total credits (Minimum) 14
Note: Students will take MGxxx courses along with B Tech Minor students and SOMxxx courses  along with MBA first year students in forenoon/ afternoon session whichever is convenient
Semester-9 Semester-10
Course Code Title Credits Course Code Title Credits
Summer Project SOM XXX Summer Internship 2
Fundamental Core XXX Communications & Interpersonal Skills 4 SOM XXX Financial Management 6
MG 401 Marketing Management 6
Total credits (Minimum) 10 Total credits (Minimum) 6
Course Code Title Course Code Title
Specialization Electives SOM 633 Quality Management 3 SOM 613  Warehouse Operations 3
SOM SOM Sustainable Supply Chain Management 3 SOM 640 Service Operations Management 3
SOM 705 Supply Chain Optimisation 3 SOM 626 Advanced Planning and Scheduling 3
SOM637 Project Management 3 SOM 806 Behavioural Operations Management 3
SOM 635 Operations Strategy 3
SOM 798 Experimental Design for Quality & Productivity Improvements 3
IE 603 Discrete Event System Simulation 6 IE 604 System Dynamics Modelling & Analysis 6
IE 643 Deep Learning: Theory and Practice 6 IE 602 Service Engineering and Management 6
IE 714 Quantitative Models for Supply Chain Management 6
Total  Specialization Elective credits (Minimum requirement) 20
 Project (Compulsary) SOM XXX Project I 12
Course Code Course Code Title
Suggested Electives from other Academic Units of IIT Bombay (for students in OM Specialization) CS 337 Artificial Intelligence and Machine Learning 6 IE 708 Markov Decision Processes 6
CS 765 Introduction of Blockchains, Cryptocurrencies, and Smart Contracts 6 DS 303 Introduction to Machine Learning 6
ME 781 Engineering Data Mining and Applications 6
CS 747 Foundations of Intelligent and Learning Agents 6
DS 203 Programming for Data Science 6
Course Code Title
Suggested Electives from SOM SOM 744 Multivariate Data Analysis 6
SOM XXX Predictive Analytics course 3
SOM 612 Business Research Methods 4
SOM 616 Technology Management 4
SOM 617 Corporate Strategy 4
SOM 621 Legal Aspects of Business 4
SOM 619 Corporate Governance & Business Ethics 4
SOM XXX Project II (Optional) 12
Total credits (Range) for the Award of Degree 102 to 116

 

 

 

Credit Structure for B.Tech. MBA / BS MBA [Specialization : Operation Management(OM)]
Sem 7-8 Sem 9-10 Total Credit
Courses Credit Courses Credit
Fundamental 20 Fundamental 16 36
Specialization (Compulsory) 8~12 Specialization (Compulsory) 20 28~32
Project I 12 12
Summer Internship 2 2
Electives 24~38 24~38
Total Credits 28~32 74~88 102~116

 

 

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.