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MBA in Construction And Project Management As A Minor Dual at Dr. Vishwanath Karad MIT World Peace University
Pune, Maharashtra
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About the Specialization
What is Construction and Project Management (as a minor/dual) at Dr. Vishwanath Karad MIT World Peace University Pune?
This Construction and Project Management program at Dr. Vishwanath Karad MIT World Peace University focuses on equipping future leaders with the strategic and operational expertise required for the dynamic Indian infrastructure and real estate sectors. The program integrates core management principles with specialized knowledge in construction, project planning, finance, and sustainable practices, addressing the massive demand for skilled professionals driven by India''''s rapid urban development and infrastructure push.
Who Should Apply?
This program is ideal for engineering graduates from civil, mechanical, or architectural backgrounds seeking to transition into management roles within the construction industry, as well as young professionals aspiring to manage large-scale projects. It also caters to working professionals in construction or allied sectors looking to upskill, gain formal management qualifications, and advance into leadership positions. A foundational understanding of project dynamics and a drive to contribute to India''''s physical growth are key prerequisites.
Why Choose This Course?
Graduates of this program can expect to pursue lucrative careers as Project Managers, Construction Managers, Quantity Surveyors, Contracts Managers, Infrastructure Consultants, or Real Estate Development Managers within India. Entry-level salaries typically range from INR 4-7 lakhs per annum, growing significantly with experience to 15-30+ lakhs for senior roles. The program aligns with industry needs, fostering skills crucial for large infrastructure projects, smart city initiatives, and sustainable building development across the country.
Student Success Practices
Foundation Stage
Build a Strong Analytical Foundation- (Trimester 1-2)
Focus rigorously on core quantitative subjects like Statistics for Management and Business Analytics Tools (Excel, Python/R). These are fundamental for project data analysis, cost estimation, and risk assessment in construction projects. Actively participate in labs and solve real-world case studies to apply statistical concepts.
Tools & Resources
Microsoft Excel, Python/R programming environments, Online courses on Coursera/edX for statistics and data analysis, Kaggle datasets for practice
Career Connection
Strong analytical skills are highly valued by construction and project management firms for data-driven decision making, improving project efficiency and reducing costs.
Enhance Communication & Presentation Skills- (Trimester 1-2)
Actively participate in group discussions, presentations, and report writing assignments from subjects like Business Communication and Organizational Behavior. Seek feedback to refine your ability to articulate complex project ideas and collaborate effectively in multidisciplinary teams.
Tools & Resources
Toastmasters International clubs, Presentation software like PowerPoint/Google Slides, Online resources for professional writing, Peer review sessions
Career Connection
Effective communication is critical for managing diverse stakeholders in large construction projects, from clients and contractors to labor and regulatory bodies, directly impacting project success.
Develop Interpersonal & Teamwork Competencies- (Trimester 1-2)
Engage actively in all team-based projects and assignments, leveraging diverse perspectives from your peers. Learn to manage team dynamics, resolve conflicts, and contribute effectively towards common goals, which are essential in collaborative construction environments.
Tools & Resources
Group project management tools, Leadership workshops offered by the university, Extracurricular activities involving teamwork, Role-playing exercises
Career Connection
Construction projects are inherently team-oriented. Strong teamwork skills enable effective collaboration, smooth execution, and successful delivery of complex projects, crucial for career progression in project management.
Intermediate Stage
Deep Dive into Project Management Software & Methodologies- (Trimester 3-4)
Beyond theoretical understanding of Project Management and Project Planning & Scheduling in Construction, gain hands-on proficiency with industry-standard project management software. Explore different project methodologies like Agile (understanding its principles can be beneficial).
Tools & Resources
Primavera P6, Microsoft Project, Trello, Asana, Udemy/Coursera courses on PM software, PMP/CAPM certification study materials
Career Connection
Proficiency in PM software is a non-negotiable skill for project managers, directly enhancing efficiency, control, and successful delivery of construction projects, making you highly employable.
Seek Targeted Summer Internship Opportunities- (Trimester 3 (Summer Internship))
Actively pursue summer internships with construction, infrastructure, or real estate development firms. Focus on roles that expose you to project planning, site supervision, quantity surveying, or contract administration to gain practical experience relevant to your specialization.
Tools & Resources
University placement cell, LinkedIn, Industry job portals (e.g., Naukri.com, Monster.com), Alumni network, Career fairs
Career Connection
A relevant internship provides invaluable practical exposure, builds industry contacts, and often leads to pre-placement offers, significantly boosting your chances of securing a desirable full-time role.
Understand Contractual & Legal Frameworks- (Trimester 3-4)
Pay close attention to subjects like Legal Aspects of Business and especially Contract Management in Construction. Develop a keen understanding of construction contracts, tender processes, and dispute resolution mechanisms. Engage with legal experts or industry practitioners if possible.
Tools & Resources
Legal databases, Industry seminars/webinars on construction law, Standard contract templates (e.g., FIDIC, Indian standard forms), Case studies from Indian courts
Career Connection
Expertise in contract management is vital for mitigating risks, ensuring compliance, and avoiding costly disputes in construction projects, making you an indispensable asset to any firm.
Advanced Stage
Master Construction Finance and Cost Control- (Trimester 5-6)
Apply concepts from Construction Finance & Cost Management to real-world scenarios. Develop strong skills in budgeting, cost estimation, cash flow forecasting, and value engineering, as financial viability is paramount in construction projects.
Tools & Resources
SAP, ERP systems (as used in construction firms), Advanced Excel modeling, Case studies on project finance, Financial newspapers and journals focusing on infrastructure
Career Connection
Proficient cost management directly impacts project profitability and sustainability, making you a key player in financial decision-making for construction companies and significantly enhancing your career trajectory.
Explore Digital & Sustainable Construction Technologies- (Trimester 5-6)
Deepen your understanding of Digital Transformation in Construction (BIM & IoT) and Sustainable Construction & Green Buildings. Pursue certifications in BIM software or green building standards (e.g., LEED, GRIHA) to stay ahead in an evolving industry.
Tools & Resources
AutoCAD, Revit (BIM software), Certifications from IGBC/GRIHA, Industry workshops on smart construction, Research papers on IoT/AI in construction
Career Connection
The construction industry is rapidly adopting digital and sustainable practices. Being adept in these areas positions you as an innovator, opening doors to roles in modern, technology-driven construction and eco-friendly projects.
Conduct Impactful Dissertation Research- (Trimester 4-6)
Utilize the Dissertation/Research Project to investigate a contemporary challenge or opportunity in the Indian construction or project management sector. Focus on a topic that aligns with your career aspirations and offers actionable insights for the industry.
Tools & Resources
Academic databases (JSTOR, Scopus), Industry reports (FICCI, CII), Expert interviews, Statistical software (SPSS, R, Python) for data analysis
Career Connection
A well-researched dissertation demonstrates critical thinking, problem-solving abilities, and specialized knowledge, which can be a significant differentiator in job interviews and a foundation for future leadership roles.
Program Structure and Curriculum
Eligibility:
- Bachelor’s Degree in any discipline from any Statutory University with minimum 50% Marks (45% for reserved category). Valid Entrance Exam Score: CAT / XAT / NMAT / MAT / GMAT / CMAT / MAH-CET.
Duration: 2 years / 6 Trimesters
Credits: 108 Credits Credits
Assessment: Internal: 50%, External: 50%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| MBA101 | Principles of Management | Core | 3 | Management Principles, Functions of Management, Decision Making, Organizational Structure, Leadership Theories |
| MBA102 | Managerial Economics | Core | 3 | Microeconomics, Macroeconomics, Demand Analysis, Supply Analysis, Market Structures, Pricing Strategies |
| MBA103 | Financial Accounting | Core | 3 | Accounting Principles, Financial Statements, Journal Entries, Ledger Accounts, Ratio Analysis |
| MBA104 | Organizational Behavior | Core | 3 | Individual Behavior, Group Dynamics, Motivation, Leadership, Conflict Management, Organizational Culture |
| MBA105 | Business Communication | Core | 2 | Communication Process, Verbal Communication, Non-verbal Communication, Business Correspondence, Presentation Skills, Report Writing |
| MBA106 | Statistics for Management | Core | 3 | Descriptive Statistics, Probability, Inferential Statistics, Hypothesis Testing, Regression Analysis |
| MBA107 | Business Analytics Tools (Excel) | Core | 2 | Excel Functions, Data Analysis Tools, Pivot Tables, Dashboards, Data Visualization |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| MBA201 | Marketing Management | Core | 3 | Marketing Environment, Consumer Behavior, Market Segmentation, Product Management, Pricing Strategies, Promotion Mix |
| MBA202 | Human Resource Management | Core | 3 | HR Planning, Recruitment & Selection, Training & Development, Performance Management, Compensation, Industrial Relations |
| MBA203 | Operations Management | Core | 3 | Production Planning, Inventory Management, Quality Management, Supply Chain Management, Lean Operations |
| MBA204 | Financial Management | Core | 3 | Capital Budgeting, Working Capital Management, Cost of Capital, Financial Markets, Dividend Policy |
| MBA205 | Business Research Methods | Core | 3 | Research Design, Data Collection, Sampling, Questionnaire Design, Data Analysis, Report Writing |
| MBA206 | Management Information System (MIS) | Core | 3 | Information Systems, Database Management, ERP Systems, Decision Support Systems, E-commerce |
| MBA207 | Business Analytics Tools (Python/R) | Core | 2 | Python/R Fundamentals, Data Manipulation, Statistical Modeling, Machine Learning Basics, Data Visualization |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| MBA301 | Project Management | Core | 3 | Project Life Cycle, Project Planning, Scheduling, Resource Allocation, Risk Management, Project Monitoring |
| MBA302 | Entrepreneurship Development | Core | 3 | Entrepreneurial Mindset, Business Idea Generation, Business Plan, Startup Funding, Legal Aspects of Business |
| MBA303 | Legal Aspects of Business | Core | 3 | Contract Law, Company Law, Consumer Protection Act, Intellectual Property Rights, Cyber Law |
| MBA304 | Supply Chain Management | Core | 3 | Supply Chain Design, Logistics, Inventory Optimization, Transportation, Warehousing, Supply Chain Technology |
| MBA305 | Summer Internship | Internship | 6 | Practical Industry Exposure, Project Report, Presentation, Professional Skill Development, Industry Best Practices |
| MBA306 | Business Analytics Tools (Power BI/Tableau) | Core | 2 | Data Import, Data Modeling, Dashboard Creation, Interactive Visualizations, Report Generation |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| MBA4CM01 | Construction Materials & Methods | Specialization | 3 | Concrete Technology, Steel Structures, Masonry, Wood & Glass, Construction Techniques, Quality Control |
| MBA4CM02 | Project Planning & Scheduling in Construction | Specialization | 3 | Project Life Cycle, Work Breakdown Structure, Network Diagrams, CPM/PERT, Resource Leveling, Project Software |
| MBA4CM03 | Contract Management in Construction | Specialization | 3 | Contract Types, Tendering Process, Legal Framework, Contract Administration, Dispute Resolution, Claim Management |
| MBA401 | Strategic Management | Core | 3 | Strategic Planning, SWOT Analysis, Porter''''s Five Forces, Competitive Advantage, Corporate Strategy, Implementation |
| MBA402 | Business Ethics & Corporate Governance | Core | 2 | Ethical Theories, Business Ethics, Corporate Social Responsibility, Corporate Governance Principles, Whistleblowing |
| MBA403 | Dissertation/Research Project I | Project | 3 | Research Problem Formulation, Literature Review, Methodology, Data Collection, Preliminary Analysis |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| MBA5CM01 | Construction Finance & Cost Management | Specialization | 3 | Project Cost Estimation, Budgeting, Cash Flow Management, Project Financing, Cost Control, Value Engineering |
| MBA5CM02 | Infrastructure Development & Management | Specialization | 3 | Infrastructure Sectors, Public-Private Partnerships (PPP), Policy & Regulation, Project Appraisal, Risk Analysis |
| MBA5CM03 | Real Estate Development & Management | Specialization | 3 | Real Estate Market, Property Valuation, Land Acquisition, Regulations, Marketing & Sales, Facility Management |
| MBA501 | International Business | Core | 3 | Globalization, International Trade Theories, Foreign Exchange, International Marketing, Cross-Cultural Management |
| MBA502 | Design Thinking for Business | Core | 2 | Empathy, Ideation, Prototyping, Testing, User-Centric Design, Innovation Process |
| MBA503 | Dissertation/Research Project II | Project | 3 | Data Analysis, Interpretation of Results, Report Writing, Conclusion, Recommendations |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| MBA6CM01 | Quality & Safety Management in Construction | Specialization | 3 | Quality Control, Quality Assurance, Safety Regulations, Risk Assessment, Accident Prevention, Environmental Compliance |
| MBA6CM02 | Digital Transformation in Construction (BIM & IoT) | Specialization | 3 | BIM Fundamentals, Digital Twin, IoT Applications, Data Analytics, AI in Construction, Smart Cities |
| MBA6CM03 | Sustainable Construction & Green Buildings | Specialization | 3 | Sustainable Development Goals, Green Building Concepts, Energy Efficiency, Renewable Materials, LEED/GRIHA Certification |
| MBA601 | Innovation Management | Core | 3 | Types of Innovation, Innovation Process, Open Innovation, Technology Commercialization, Innovation Ecosystems |
| MBA602 | Rural & Urban Development | Core | 2 | Rural Economy, Urbanization, Smart Cities, Development Programs, Policy Frameworks, Sustainability |
| MBA603 | Dissertation/Research Project III | Project | 6 | Final Report Submission, Viva Voce, Research Presentation, Industry Application, Scholarly Contribution |
