Masters’ Union School of Business is a hands-on approach to business education institutes in India. The college offers a Postgraduate program in Technology and Business Management. The college also has over 100 industry veterans as Masters which include CXOs, MDs, and Members of Parliament. Admission to the college is entrance-based with their own entrance examination called MU-BAAT. According to the batch profile of 2020, over 95% of the admitted students hold experience in the professional arena. The PGP-TBM Admission 2020 recorded that 31% of students held an Engineering degree, while the rest 69% were from diverse fields including Management, Arts, Commerce, and Law. The students are admitted only after the college committee’s admission decision depending on various factors proposed by the college. To apply for admission, one must visit the official website and submit an application along with recommendations and essays. The currents students represent top Undergraduate colleges and Companies.
Latest Update: Masters’ Union School of Business has started its second round for admission. The last date to apply for the same is January 31, 2021. The application fee for admission is INR 4,000.
|Round 2 Application Deadline||January 31, 2021|
|Round 2 Interview||February 2021|
Masters’ Union School of Business Highlights
|Established | Type||2020 | Private|
|Popular Courses||PGP TBM|
Masters’ Union School of Business Courses
|Postgraduate Program in Technology Business Management (PGP TBM)||
Duration: 16 months
Click here: Masters’ Union Business School Fees
Masters’ Union School of Business Admission
Applicants with a valid MU-BAAT score are eligible to apply for admission.
Eligibility: 3-4 years Bachelor's or Undergraduate Degree in any discipline from a recognized institution. The institute gives preference to applicants who have work experience in the desired field but fresh graduates are also welcomed for admission. The college also allows exceptional candidates without an undergraduate degree to apply.
Application Fee: INR 2500
How to apply?
- Fill in the application at admission.mastersunion.org.
- Submit 1-2 essays and 1-2 recommendations.
- Take the Masters’ Union Business Aptitude and Admissions Test or MU-BAAT.
- Apply for a personal interview with a panel of Masters.
Note: Scholarships up to 75% are available for deserving candidates.
Click Here Masters’ Union School of Business Admission
Masters’ Union School of Business Student Background
Students from a variety of backgrounds apply at the Masters’ Union, Gurgaon. The current year admissions include graduates from Engineering, Computing, Business, Liberal Arts, Natural Sciences, Architecture, etc. 18% of the applicants from the current batch have work experience which goes up to 10 years. Around 95% of admitted students have work experience of 0-5 years.
Most of them had worked in areas of IT, Consultation, Manufacturing, Consumer and few had experience Finance. The average drawn CTC from their previous employers was close to INR 10.5 LPA, with certificates from top companies like Amazon, McKinsey, Goldman Sachs, Taj Hotel Group, etc. The percentage of candidates who applied from various fields is as follows:
|Education Qualification||Previous Employment|
Masters’ Union School of Business Events
Not only through academics, Masters’ Union also provides business knowledge through various live events sponsored by large industries groups. Some of them are:
- Marketing Hackathon
- Enigma: Business Premiere League
- CXO Lessons: Streamed live every Friday for free.
Masters’ Union School of Business Scholarships
Masters’ Union believes that financial constraints should not pose any hindrance to someone’s academic aspirations. The institute is keen to attract promising candidates to the founding class so that they elevate the quality of the peer learning experience. Masters’ Union has up to 75% scholarships available for applicants with exceptional profiles that fall in one of the following categories:
- Karthik Ramanna Merit-Based Scholarships
- Malavika R Harita Scholarship for Women
- Mukund Rajan India-Bound Scholarship
- Narendra Jadhav Diversity Scholarship
- MU Scholarship for Young Leaders
- MU Scholarship for Technology Leaders
- MU Scholarship for Entrepreneurs
Masters’ Union School of Business Loan
Students who need financial assistance to complete their courses may apply to these financial institutes. Axis and Bajaj Finance provide loans up to 95% of the program fee to the admitted students. Details of the same are given in the table below:
|Amount||95% of the program fee||Salaried Individuals: Up to INR 1 crore
Self-employed: Up to INR 3 crores with suitable collateral.
|INR 10 lakhs|
|Interest rate||11.5% PA||Starting from 9.6%, with a loan against 75% of the property value||11.25% Secure | 12.75% Unsecured (Floating rate of interest p.a*)|
|Tenure||Up to 15 years||20 years||Up to 144 months, including the study period (Can be lower if required)|
|Moratorium||Course Period + Maximum of optional 6 months||Pay only interest as EMI. Repay to the principal at the end of the tenor.||Available under Section 80E of Income Tax Act 1961|
|Security||-||Co-borrower required, Property on the name of self, Parents, Spouse||-|
|Insurance||Max Life Insurance||-||Required for unsecured cases|
|Processing fee||Applicable as per Axis bank norms||up to 1% of the disbursal amount||-|
|One Time Origination fee||-||-||5000 + GST|
Masters’ Union School of Business Placement
Masters’ Union School of Business has a dedicated and active placement cell that conducts pre-placement talks and training on an annual basis. The institute has associated with industry partners to provide the best platforms to students. The institute also has in-house experts to train students for the work environment. The institute has a Career and Development Cell, Training & Development Cell, Entrepreneurship Cell, Language Efficiency, etc.
Click here: Masters’ Union School of Business Placement
Masters’ Union School of Business Hostel
Masters’ Union School of Business Hostel is furnished with basic amenities like beds, almirah, book rack, table, chair, etc. The college also has interactive common areas such as a TV lounge, On-site gym, reading room, dining area, and parking facilities. Facilities provided at the hostel include:
- Professional Housekeeping
- High-speed internet
- Grade A security
- On-call doctor
- Vending machine
- Late-night meals
- Printer scanner
The college provides twin sharing, single occupancy, and 1BHK single occupancy hostels varying in fee structures. Students can pay hostel charges in three equal installments payable in the months of July, October, and February.
Masters’ Union School of Business FAQ
Ques. What are the documents required at the time of filling the Masters’ Union School of Business application form?
Ans. The documents required at the time of filling the application form are as follows:
- Latest Resume
- Up to 2 Recommendations from any of the following:
- Direct managers
- Teachers or Professors (undergrad level and above)
- VCs or Angel Investors
- Customers or Partners
- 2 Essays in response to questions provided by the Institution in the Application
- Supplementary information
Ques. What topic is given in essay writing at the time of the Masters’ Union School of Business Admission?
Ans. This year, the following topics are given for the writing assessment:
- If you had $100 Million to acquire a company, which one would you acquire, and why?
- Tell us about one experience or incident that fundamentally changed your life. You can also choose to submit the essays in the form of videos (2-minute-long each).
Ques. Does Masters’ Union School of Business have a cut-off for GMAT, GRE, CAT, or NMAT?
Ans. The Institute has its own mandatory qualifying examination called MU-BAAT. The Admissions’ Team however encourages candidates to turn in their scores in case they have high scores, to get an extra edge over other applicants.
Ques. Are all the candidates interviewed for Masters’ Union Admission?
Ans. No, not all candidates are interviewed. Only the candidates who are shortlisted for admission are called for the interview round.
Ques. Is work experience necessary for admission?
Ans. No, it is not necessary to have work experience for admission. Freshers can also apply for admission. Although, the preference is given to the candidates who have working experience in the relevant field.