| Answers : |
| 1. |
Can I be self-sponsored? Is company
sponsorship a must? |
| A. |
Sponsorship does not necessarily
mean that the organization has to fund your fees. It is not mandatory
that the company pay the fees but at the same time you require the
full support of the organization from the viewpoint of the following:
- getting time off from company work to attend on-campus contact
periods -9 days at a stretch in a quarter and 60 days over an
18 month period
- getting company information for doing Application exercises
which is a vital component of the pedagogy of the program
- assistance in identifying a real-life issue for Project work
and
- infrastructure support- PC, internet access, etc.
- having a 'Mentor' from your organisation.
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| 2. |
 What
is the selection process? Do we have to prepare for the same? |
| A. |
The selection process comprises:
- psychometric test
- group discussion
- interview
No preparation is required for the selection process
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| 3. |
When
will the results of the selection be announced? |
| A. |
The results of the selection process
will generally be announced within 5 working days of the completion
of the process.
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| 4. |
When
do the fees have to be paid? |
| A. |
Fees are to be paid within 15 days
of securing the admission letter from the institute by cheque payable
in Mumbai or Demand draft
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| 5. |
Can
I pay the fees in instalments? |
| A. |
The fees of Rs.4,00,000 can be paid
in 3 installments as per the schedule below :
|
1st installment in advance
|
Rs.1,50,000
|
| 2nd installment (before commencement of Contact
2) |
Rs.1,50,000 |
3rd installment (before commencement of Contact
4)
|
Rs.1,00,000 |
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| 6. |
Do
I have to necessarily stay in the hostel even if I am from Mumbai?
|
| A. |
Yes. Stay in the hostel is compulsory
even if you are from Mumbai
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| 7. |
What
happens if I miss a contact/ classes? |
| A. |
Ideally, you should not miss classes.
Exigency of work as an excuse to miss class/ contact is not appreciated.
The fact that we are insisting on company sponsorship is to ensure
that the organizational work does not come in the way of studies during
the tenure of the program. You run the risk of missing out on on-campus
evaluations of group-work, simulations etc. apart from the knowledge
from the class sessions, and class discussion.
Missing one contact period is equivalent to missing 16.6% of the on-campus
sessions.
In the extreme event of your missing classes, you will have to
make up on your own.
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| 8. |
Is
it mandatory to have a mentor? What is the role of the mentor?
|
| A. |
Yes it is mandatory for each participant to have a ‘mentor’.
A mentor should necessarily be someone from within the organisation
and who is preferably senior to the participant. The role of a mentor
would be as under:
- guidance for sourcing company information required from various
departments for ‘Application exercises’
- guidance in selecting subject for thesis/ project
- prima-facie comments/ assessment of ‘Application exercises’-
as Acceptable, Unacceptable , Excellent
- interaction with SPJIMR periodically to review participant’s
performance
- panel member along with SPJIMR faculty for assessment of project
of mentee/s
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| 9. |
What
are Application exercises? |
| A. |
Application exercises are assignments
where the concepts studied in class are applied to a real-life situation
in the organization that a participant represents. Application exercises
reinforce the learnings garnered in class and enable a participant
to understand his / her organisation much better.
Examples of Application exercises :
- In Finance-“Analyse the balance sheet and profit and loss
statement of your company for the past 5 years; calculate Liquidity
ratios, Profitability ratios, Capital structure ratios and write
a report on the financial health of the company”
- In Marketing ” List the product categories and lines of
your company and segregate the product lines on the basis of growth,
maturity and decline in potential; identify the rationale for
continuing each product line- would you add/ delete any product
item(s) from the existing product line
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| 10. |
Is
there any specialization involved? |
| A. |
The Executive Management Programme
is aimed at preparing working executives for general management positions
and as such is a general management program- there is no functional
specialization. However, if we have sufficient numbers, specialisation
in domains like IT, Pharma, Services is possible.
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| 11. |
How
is the evaluation process? How are exams conducted?
|
| A. |
Evaluation is a continuous process
both on-campus and off-campus. On-campus evaluation covers group-work,
quizzes, and exams. Off-campus evaluation covers assignments in the
form of conceptual exercises, application exercises, chats/ e-discussions.
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| 12. |
Do
you offer placement for the graduates of the Executive Management
Programme? |
| A. |
No. The Executive Management Programme
is a partnership between the corporates and SPJIMR and through the
program we are serving corporate society to prepare change agents
and leaders for tomorrow. Therefore, we do not offer any placement
assistance for the Executive Management Programme graduates |
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| 13. |
What
is the value of the program? |
| A. |
The EMP has been designed on the
lines of the Advanced Management Program of Harvard, but for middle
level managers. The high degree of application oriented learning and
contextual customization has enabled both participants and companies
to reap rich dividends from the program. Participants after enrolling
for the EMP have been able to effect change and influence management
practice. Companies have recognized this and offered them senior positions
of responsibility in charge of strategic business units both in India
and abroad. Participants have gained 8 to 10 years over contemporaries
after doing the EMP. The EMP has also enabled companies to retain
talent and manage scarce talent in a more effective manner.
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