Masters' Union PG Program Technology and Business Management: Fees 2026, Course Duration, Dates, Eligibility

Gurgaon, HaryanaEstd 2020

Masters' Union Latest Updates and News

Key Updates1
Other Updates1

08 Sep, 2026 Masters' Union PGP TBM Admission 2027 (Round 1) application deadline is Sept 27. MU BAAT is scheduled between Sept 28 to Oct 4. Interviews from Oct 7 to 15, 2026. Read more.

Total fees
INR 33.67 Lakhs
16 months, no hostel room
Average pay
INR 33.39 LPA
Cohort of 2025, jobs in India
Highest package
INR 1.28 Crore
Cohort of 2025, a job in India
Batch placed
94%
Cohort of 2025, 162 of 173

About Masters' Union PGP TBM

Masters' Union is a private business school in Gurugram, Haryana. Its Post Graduate Programme in Technology and Business Management, or PGP TBM, is a full-time course taught on the DLF Cyberpark campus. The course takes 16 months, a little over one year, and has 200 seats. Collegedunia ranks the school #36 in its Management ranking 2025. The full course fee is INR 33.67 Lakhs without a hostel room. You apply with the school's own MU-BAAT test, or with a CAT, GMAT or GRE score, and then sit a personal interview. The Cohort of 2025 was paid INR 33.39 LPA on average and 162 of 173 students were placed.

Masters' Union PGP TBM Fees

You pay one programme fee for the whole course. It covers tuition and the admission fee, and it is lower if you apply in the first two rounds. A hostel room is booked and paid on its own.

Fee headAmountHow it is charged
Programme fee, Round 1 and Round 2INR 33.65 LakhsFull course, as published
Programme fee, Round 3INR 34 LakhsFull course, as published
Application feeINR 1,500One time, with the form
Hostel roomINR 3.35 LakhsINR 27,917 a month, twelve months
Total, no hostel roomINR 33.67 LakhsFull course
Total with a hostel roomINR 37.02 LakhsFull course

Masters' Union PGP TBM Admission Dates

The 2026 cycle is over: Round 3 closed on 31 Mar 2026 and classes for that cohort started in June 2026. The next cohort starts in June 2027, so the Round 1 form for it opens in October 2026.

EventDateStatus
Round 1 application, last date to apply12 Oct 2025Over
Round 1 MU-BAAT testOct 2025Over
Round 2 application, last date to applyJan 2026Over
Round 3 application, last date to apply31 Mar 2026Over
MU-BAAT test window closes5 Apr 2026Over
Round 3 personal interview8 Apr 2026Over
Round 3 result and offer lettersApr 2026Over
Seat acceptance fee, last dateApr 2026Over
Document check and enrolmentMay 2026Over
Classes startJun 2026Over

Masters' Union PGP TBM Eligibility

You need a bachelor's degree and at least one year of full-time work. The school sets its own test, so a management entrance score is not compulsory.

RequirementWhat you need
DegreeA bachelor's degree in any subject
Work experienceAt least one year of full-time work; two to five years is the usual profile
TestMU-BAAT, the school's own test
Other scoresA CAT, GMAT or GRE score may be sent, but none is compulsory
AgeNo upper age limit

Masters' Union PGP TBM Admission Process

The whole process is online until the interview. Students who lose a seat usually miss the fee date on the offer letter.

StepWhat you do
1. Apply onlineFill the form and pay the application fee of INR 1,500
2. Take MU-BAATAn aptitude paper, three short games and a writing task
3. Sit the interviewA panel reads your work record, your marks and how you speak
4. Get the decisionThe admissions committee sends the offer letter by email
5. Accept the seatPay the first part of the fee by the date on the offer letter

Masters' Union PGP TBM Cutoff

Masters' Union publishes no cutoff score for this course. The panel reads the test, your work record, your marks and the interview together, so one weak part can be carried by a strong one.

What the panel readsWhat it means for you
MU-BAAT aptitude paperAbout an hour of reasoning and numbers
MU-BAAT gamesThree short games, about twenty minutes in all
MU-BAAT writing taskYour written English and how you argue a point
Personal interviewYour work story and why you want this course
Work recordOne year of full-time work is the floor for this cohort

Masters' Union PGP TBM Placements

The Cohort of 2025 was the strongest so far. Product firms, consulting firms and start-ups hired on campus.

MetricValue
Average payINR 33.39 LPA, Cohort of 2025
Median payINR 27.78 LPA
Highest offer in IndiaINR 1.28 Crore
Highest offer abroadINR 1.10 Crore
Batch placed162 of 173 students in the drive
Recruiters148 firms hired
Top recruitersMicrosoft, Google, Uber, Flipkart and EY

Masters' Union PGP TBM Scholarships

Every scholarship here is given by the school itself and is decided by a panel. You ask for one on the same form you use to apply.

ScholarshipWho can get itAmount or waiver
Manoj Kohli Merit-Based ScholarshipStrong marks, test scores and work recordUp to 50% of the fee, about INR 16.83 Lakhs
Rajni Thethi Scholarship for WomenWomen with a strong study or work recordA partial waiver, from 20% of the fee
Founders' Bursary for EntrepreneursMore than a year of running your own ventureA partial waiver, from 20% of the fee
MU Scholarship for Technology LeadersPatents, research or product workA partial waiver of the fee
P. Dwarakanath India-Bound ScholarshipIndians working abroad who move backA partial waiver of the fee

Masters' Union PGP TBM Ranking

Collegedunia ranks the school on fees, placements and student reviews. It is not in the NIRF management list.

Ranking bodyYearRank or score
Collegedunia Management ranking2025#36 of 372
Collegedunia placement score2025592 of 1000
NIRF Management2025Not ranked

Masters' Union PGP TBM Seats and Intake

The cohort is small, so every seat is fought for. The placement drive of the last batch shows how many students finish together.

ItemDetail
Seats200
Cohort of 2025 placement drive173 students
ModeFull-time, on campus
CampusDLF Cyberpark, Sector 20, Gurugram

Masters' Union PGP TBM Hostel and Campus

The school does not have a hostel on campus. Rooms are booked in buildings a short drive away and are paid for on top of the fee.

ItemDetail
Hostel roomFrom INR 3.35 Lakhs for twelve months
WhereAbout 25 to 30 minutes from the campus
CampusDLF Cyberpark, Phase II, Sector 20, Gurugram
CityGurugram, Haryana

Should you pick PGP TBM at Masters' Union?

This course suits working students who want a short, practice-heavy course in technology and business and can pay a private school fee.

Pick it if:
You have not written CAT or GMAT: Masters' Union sets its own MU-BAAT test, so you can apply without a management entrance score.
You have one to three years of work behind you: the panel reads the work record closely, and that is the profile most of this cohort brings.
You want the fee back fast: the average pay of the last cohort is close to the whole course fee, as the ROI tile shows.
You can move to Gurugram: classes sit on the DLF Cyberpark campus and rooms are booked about half an hour away.
Skip it if:
You are still in your final year of college: this cohort asks for a year of full-time work, so a fresher form is turned down.
You plan to apply in the last round: the fee is higher in Round 3 and less scholarship money is left by then.
You want a room on campus: there is no hostel on campus, so you pay for a room outside and travel in each day.
You want a two-year course with a summer job in between: this course takes 16 months and has no long summer break.
Counsellor's advice
If you already have a year of work and a project you can talk about, apply in Round 1: the fee is lower and more scholarship money is left. If your work is under a year, wait and apply with a stronger record.
PGP TBM Eligibility
Degree needed: A bachelor's degree in any subject, from any stream.
Work experience: At least one year of full-time work when the course starts. Two to five years is the usual profile.
Test needed: MU-BAAT, the school's own test, with an aptitude paper, three games and a writing task.
Other scores: A CAT, GMAT or GRE score can be sent instead, but none of them is compulsory.
Age: There is no upper age limit for this course.
PGP TBM Admission Process
Apply online: Fill the form on the school site and pay the application fee of INR 1,500.
Take MU-BAAT: About an hour of aptitude questions, three short games and a written task.
Sit the interview: A panel reads your work record and your marks, and asks why you want this course.
Wait for the decision: The admissions committee sends the offer letter by email after the interview.
Accept and pay: Pay the first part of the fee by the date on the offer letter or you lose the seat.

PGP TBM Admission Dates 2026

These are the official dates of the 2026 cycle. Tap 2027 Session for the next cohort's expected dates.

The 2027 calendar is not out yet. These dates are estimates based on 2026.
Over
12 Oct 2025
Round 1 application, last date to apply
Round 1 closed on 12 Oct 2025. The early rounds carry the lower fee.
Over
Oct 2025
Round 1 MU-BAAT test
You book a test slot after the form is sent.
Over
Jan 2026
Round 2 application, last date to apply
Round 2 carried the same fee as Round 1.
Over
31 Mar 2026
Round 3 application, last date to apply
The last date to apply for this cohort was 31 Mar 2026.
Over
5 Apr 2026
MU-BAAT test window closes
Round 3 applicants had to finish the test by 5 Apr 2026.
Over
8 Apr 2026
Round 3 personal interview
The panel met the shortlisted students on 8 Apr 2026.
Over
Apr 2026
Round 3 result and offer letters
The admissions committee sent each decision by email.
Over
Apr 2026
Seat acceptance fee, last date
The offer letter gives the exact date. You lose the seat if you miss it.
Over
May 2026
Document check and enrolment
Degree papers and work papers are checked before classes.
Over
Jun 2026
Classes start
The cohort that started in June 2026 finishes in October 2027.
Tentative
Oct 2026
Round 1 application, last date to apply
Expected in the same month as last year. Apply early for the lower fee.
Tentative
Oct 2026
Round 1 MU-BAAT test
Expected within days of the form date.
Tentative
Nov 2026
Round 1 personal interview
Expected about two weeks after the test.
Tentative
Nov 2026
Round 1 result and offer letters
Expected soon after the interview.
Tentative
Jan 2027
Round 2 application, last date to apply
Expected in the same month as last year.
Tentative
Mar 2027
Round 3 application, last date to apply
The fee is higher in this round.
Tentative
Apr 2027
Seat acceptance fee for your round
Expected within days of the offer letter.
Tentative
May 2027
Document check and enrolment
Expected in the month before classes.
Confirmed
Jun 2027
Classes start
The school has announced June 2027 for the next cohort.

Source: Masters' Union admissions page. Confirm on the official site before you act.

Masters' Union PGP TBM Fees 2026

This is the full 1.33-year cost, all 16 months of it, not one year. Turn on the toggle to add a hostel room.

Programme fee
Full course, as published, it covers tuition and the admission fee
INR 33.65 Lakhs
Application fee
One time, paid when you send the form
INR 1,500
Add a hostel room
Hostel room
Per month × 12, INR 27,917 a month, the published rate for twelve months
INR 3.35 Lakhs
Total course fee
INR 33.67 Lakhs
1.33 years · tuition and admission fee, no hostel room
Total course fee
INR 37.02 Lakhs
1.33 years · tuition, admission fee and a hostel room
Education loan EMI
INR 56,761
7 yr · 10.5% per year
ROI
99%
average pay INR 33.39 LPA vs the full fee
Education loan EMI
INR 62,410
7 yr · 10.5% per year
ROI
90%
average pay INR 33.39 LPA vs the full fee

Source: Masters' Union fees page 2026. Confirm on the official site before you act.

Will you get a call from Masters' Union?

Pick your work experience and the round you will apply in. Masters' Union publishes no cutoff score, so this shows how your profile fits.

Your work experience
When you apply
1 to 3 years · Round 1 or Round 2
You clear the work rule this cohort sets, and you apply while the fee is lower and more scholarship money is left. Book your MU-BAAT slot as soon as the form is in.
1 to 3 years · Round 3
You clear the work rule, but the last round costs more and less scholarship money is left. Apply only if you cannot make an earlier round.
More than 3 years · Round 1 or Round 2
This is the profile the panel sees most, and the early rounds give you the lower fee. Bring one project you can talk through with numbers.
More than 3 years · Round 3
Your work record fits, but the fee is higher in Round 3 and fewer scholarship seats are left by then.
Under 1 year · Round 1 or Round 2
This cohort asks for at least one year of full-time work when classes start, so the form will be turned down.
Under 1 year · Round 3
The work rule does not change with the round. Work a year first, then apply with a stronger record.
EDITOR'S NOTE

There is no score to clear here. The panel adds up the test, your work record and the interview, so a strong work story can carry a weak test day.

Masters' Union PGP TBM Scholarship Calculator

Answer three questions to see the waiver you can ask for. The school gives one scholarship per student and the panel fixes the amount.

Your study and test record
Who you are
Your last year of work
Scholarships you missedYou do not qualify on your answers. Tap to see why.

Each card below says who the scheme is for.

Manoj Kohli Merit-Based Scholarship
INR 16.83 Lakhs
Masters' Union
A waiver of up to 50% of the fee for a strong study and work record. The panel fixes the exact amount.
Who qualifies: strong marks, test scores and a strong work recordApply with the admission form
Not eligible on your answers
Rajni Thethi Scholarship for Women
INR 6.73 Lakhs
Masters' Union
A partial waiver for women, from 20% of the fee. It is given when the merit waiver above does not already cover you.
Who qualifies: women with a strong study or work recordApply with the admission form
Not eligible on your answers
Founders' Bursary for Entrepreneurs
INR 6.73 Lakhs
Masters' Union
A partial waiver for founders, from 20% of the fee. More than ninety of these were given to one batch.
Who qualifies: more than a year of running your own ventureApply with the admission form
Not eligible on your answers
No scheme matches these answers. Ask the school about paying in parts and about education loans.
Estimated total waiver
INR 16.83 Lakhs
Your net course fee: INR 16.84 Lakhs
Estimated total waiver
INR 6.73 Lakhs
Your net course fee: INR 26.94 Lakhs
Estimated total waiver
INR 0
Your net course fee: INR 33.67 Lakhs

Masters' Union PGP TBM vs similar colleges

Tap a college to see it next to Masters' Union. Blue marks the better number in each row: a lower fee, higher pay, more seats.

Compare with
This page
Masters' Union
Gurgaon
Compared with
Indian School of Business
Hyderabad
Compared with
Management Development Institute Gurgaon
Gurgaon
Compared with
Great Lakes Institute of Management
Gurgaon
Compared with
S. P. Jain Institute of Management and Research
Mumbai
Total feesfull course, no hostel room
INR 33.67 Lakhs
tuition and admission fee
INR 38.67 Lakhs
INR 5 Lakhs more, a shared room is included
INR 25.99 Lakhs
INR 7.68 Lakhs less, board and lodging included
INR 18.08 Lakhs
INR 15.59 Lakhs less, tuition only
INR 22.66 Lakhs
INR 11.01 Lakhs less, a room is included
Average paylatest batch
INR 33.39 LPA
Cohort of 2025
INR 37.29 LPA
INR 3.9 LPA more, Class of 2025
INR 26.2 LPA
INR 7.19 LPA less, Class of 2025
INR 15.1 LPA
INR 18.29 LPA less, Class of 2025
INR 24.4 LPA
INR 8.99 LPA less, Class of 2025
Highest packagelatest batch, a job in India
INR 1.28 Crore
Cohort of 2025
INR 1.56 Crore
INR 28 Lakhs more, Class of 2025
INR 53.6 Lakhs
INR 74.4 Lakhs less, Class of 2025
INR 21.84 Lakhs
INR 1.06 Crore less, Class of 2025
INR 50 Lakhs
INR 78 Lakhs less, Class of 2025
Seatslatest batch or approved intake
200
this course
808
608 more, the batch that was placed
300
100 more, approved intake
167
33 fewer, the batch that was placed
180
20 fewer, approved intake
ROIaverage pay against the full fee
99%
on INR 33.39 LPA
96%
3 points lower
101%
2 points higher
84%
15 points lower
108%
9 points higher
In short
Indian School of Business pays more on average and its top offer is bigger, but it costs INR 5 Lakhs more. If you get a call from both, weigh the extra fee against the extra pay.
In short
Management Development Institute Gurgaon costs less and gives a slightly better return, but it takes two years and pays less. If you can give two years for a lower fee, put it first; if not, stay with Masters' Union.
In short
Great Lakes Institute of Management is the cheapest seat here, but its average pay is about half of this page's. If the fee is what decides for you, take it; if pay is, take Masters' Union.
In short
S. P. Jain Institute of Management and Research asks for five or more years of work and returns the most for the fee. If you have that much work behind you, apply to both and compare the offers.

Fees and pay can change. Check each college site before you decide.

FAQs on Masters' Union PGP TBM

Short answers to what students ask before they apply.

How do I get admission to this course?
Fill the online form and pay the application fee. Then take the MU-BAAT test and sit a personal interview. The admissions committee decides after that and emails the offer letter. You take the seat by paying the first part of the fee.
What is the full fee for the course?
The full course fee is INR 33.67 Lakhs for the 16 months, without a hostel room. A room adds about INR 3.35 Lakhs for twelve months. The fee block above shows both totals.
Do I need a CAT or GMAT score?
No. Masters' Union sets its own test, MU-BAAT, and you can apply with that alone. A CAT, GMAT or GRE score may be sent instead, but none of them is compulsory.
How much work experience do I need?
You need at least one year of full-time work for this 16-month cohort. Most students who join have two to five years behind them. With under a year of work, this cohort is not open to you.
Which scholarships can cut this fee?
The school gives merit waivers of up to half the fee, a scholarship for women and a bursary for founders. The calculator above shows the biggest waiver you can ask for. One scholarship is given per student.
Does applying early cost less?
Yes. The fee is INR 33.65 Lakhs in Round 1 and Round 2, and INR 34 Lakhs in Round 3. More scholarship money is also left in the early rounds.
What pay do students get after the course?
The Cohort of 2025 was paid INR 33.39 LPA on average and the middle student was paid INR 27.78 LPA. Of 173 students in the drive, 162 were placed. The highest offer in India was INR 1.28 Crore.

This page is AI assisted and human verified.

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Collegedunia Team

Content Curator | Updated on - Sep 4, 2026

Masters' Union: Students' Opinion

AI-Generated Summary based on 1 Reviews

The program's tuition fee is set at 20 lakhs, with the likelihood of annual increases. Prospective students can apply for scholarships, which are available to help mitigate these costs, simultaneously with their university application. This approach provides a streamlined process for financial aid consideration, ensuring that students have the opportunity to secure financial support as they plan their education finances.

...Read More
 By Collegedunia’s Personal AI

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