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MBA in General Management at Indian Institute of Technology (Indian School of Mines), Dhanbad
Dhanbad, Jharkhand
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About the Specialization
What is General Management at Indian Institute of Technology (Indian School of Mines), Dhanbad Dhanbad?
This General Management program at IIT (ISM) Dhanbad focuses on developing holistic business leaders equipped with contemporary management principles applicable across diverse sectors. It integrates analytical rigor with practical insights, preparing students for dynamic roles in the evolving Indian business landscape, emphasizing strategic thinking and operational excellence in various functions.
Who Should Apply?
This program is ideal for ambitious fresh graduates seeking a robust foundation in management, aspiring to leadership roles across various industries. It also caters to working professionals aiming to enhance their skill sets and accelerate their career growth, particularly those looking to transition into senior management positions or entrepreneurship within the competitive Indian market.
Why Choose This Course?
Graduates of this program can expect to pursue diverse career paths in Indian companies, including roles in consulting, marketing, finance, human resources, and operations. Entry-level salaries typically range from INR 6-12 LPA, with significant growth trajectories leading to managerial and leadership positions across large corporations and startups in India. The program aligns with industry demands for versatile management skills.
Student Success Practices
Foundation Stage
Build Strong Analytical Foundations- (Semester 1-2)
Actively engage with quantitative methods, managerial economics, and business analytics. Form study groups to solve case studies and problems, focusing on practical application of theoretical concepts.
Tools & Resources
Excel, statistical software (R/Python basics), case study competitions, academic journals
Career Connection
Develops critical thinking and data interpretation skills essential for strategic decision-making and problem-solving in any managerial role.
Master Communication & Presentation Skills- (Semester 1-2)
Participate in all presentations, group discussions, and public speaking opportunities. Seek regular feedback on written reports and verbal communication. Join Toastmasters or similar clubs.
Tools & Resources
Presentation software (PowerPoint/Keynote), online communication courses, peer feedback sessions
Career Connection
Essential for effective leadership, client management, and excelling in interviews and corporate communication.
Network with Peers and Faculty- (Semester 1-2)
Actively participate in departmental events, seminars, and student clubs. Seek mentorship from faculty members. Foster strong relationships with classmates for collaborative learning and future professional connections.
Tools & Resources
LinkedIn, campus events, alumni talks, departmental forums
Career Connection
Establishes a foundational professional network that can lead to internship opportunities, job referrals, and lifelong learning support.
Intermediate Stage
Excel in Summer Internship & Project Work- (Summer after Semester 2)
Treat the summer internship as a real-world project. Identify a clear problem statement, apply learned concepts, and deliver tangible solutions. Actively seek feedback from mentors.
Tools & Resources
Project management tools (Asana/Trello), domain-specific software, company internal reports
Career Connection
Provides invaluable industry exposure, builds a strong professional portfolio, and often leads to Pre-Placement Offers (PPOs) from leading companies.
Strategic Elective Selection & Deep Dive- (Semester 3)
Carefully choose electives that align with career aspirations and complement core management skills. Engage deeply in elective coursework, applying concepts to industry-specific case studies and projects.
Tools & Resources
Industry reports, specialized software relevant to chosen electives, online certifications in niche areas
Career Connection
Develops specialized knowledge and skills, making candidates highly competitive for roles requiring specific expertise (e.g., Marketing Manager, Financial Analyst).
Engage in Case Competitions & Industry Events- (Semester 3)
Form teams and participate in national-level B-school case competitions and corporate challenges. Attend industry conferences and workshops to stay abreast of current trends and expand professional networks.
Tools & Resources
Harvard Business Review cases, industry association websites, eventbrite for conferences
Career Connection
Enhances problem-solving under pressure, develops teamwork skills, and provides visibility to potential employers and industry leaders.
Advanced Stage
Master Dissertation Research & Presentation- (Semester 3-4)
Undertake a rigorous and impactful dissertation project. Focus on original research, robust methodology, and clear articulation of findings. Prepare for a compelling final presentation and defense.
Tools & Resources
Research databases (JSTOR, Scopus), statistical software (SPSS, R, Python), academic writing tools
Career Connection
Showcases advanced analytical skills, ability to conduct independent research, and expertise in a chosen domain, crucial for consulting or research-oriented roles.
Intensive Placement Preparation & Mock Interviews- (Semester 4)
Systematically prepare for placements by practicing aptitude tests, refining resumes and cover letters, and participating in numerous mock interviews. Leverage career services for personalized guidance.
Tools & Resources
Online aptitude platforms (IndiaBix), mock interview platforms, career development workshops, alumni network
Career Connection
Directly translates to securing desired job offers in top-tier companies, maximizing salary potential and career launch opportunities.
Cultivate Leadership & Ethical Decision-Making- (Semester 4)
Seek opportunities for leadership roles in student bodies, projects, or community initiatives. Consistently apply ethical frameworks to business problems and decisions, reflecting on personal values.
Tools & Resources
Leadership development programs, ethical dilemma case studies, mentoring circles, relevant books
Career Connection
Develops essential soft skills for leadership, builds a reputation for integrity, and prepares for senior management roles where ethical governance is paramount.
Program Structure and Curriculum
Eligibility:
- Bachelor’s Degree of minimum 3 years duration in any discipline with a minimum of 60% marks (55% for SC/ST/PwD candidates) or equivalent CGPA. A valid score in CAT/GMAT/XAT is required. Final year students can also apply.
Duration: 2 years (4 semesters)
Credits: 100 Credits
Assessment: Internal: 50% (Mid Semester Test + Other Components), External: 50% (End Semester Test)
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| DMM 5101 | Quantitative Methods for Management | Core | 3 | Probability theory, Statistical inference, Regression analysis, Hypothesis testing, Time series |
| DMM 5102 | Managerial Economics | Core | 3 | Demand and supply analysis, Consumer behavior, Production costs, Market structures, Pricing strategies |
| DMM 5103 | Organizational Behavior | Core | 3 | Individual behavior, Group dynamics, Leadership, Motivation, Organizational culture |
| DMM 5104 | Marketing Management | Core | 3 | Marketing mix, Consumer buying behavior, Market segmentation, Product development, Promotion strategies |
| DMM 5105 | Financial Accounting & Analysis | Core | 3 | Accounting principles, Financial statements, Ratio analysis, Cost accounting, Budgeting |
| DMM 5106 | Human Resource Management | Core | 3 | HR planning, Recruitment, Training and development, Performance appraisal, Compensation management |
| DMM 5107 | Legal Aspects of Business | Core | 3 | Indian Contract Act, Company Law, Consumer Protection Act, Intellectual Property Rights, Cyber laws |
| DMM 5108 | Business Communication | Core | 3 | Verbal communication, Written communication, Presentations, Business reports, Cross-cultural communication |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| DMM 5201 | Production & Operations Management | Core | 3 | Operations strategy, Inventory management, Supply chain management, Quality management, Project management |
| DMM 5202 | Financial Management | Core | 3 | Capital budgeting, Working capital management, Cost of capital, Dividend policy, Risk and return |
| DMM 5203 | Research Methodology | Core | 3 | Research design, Data collection, Sampling, Data analysis, Report writing |
| DMM 5204 | Management Information System | Core | 3 | Information systems, Databases, E-business, IT strategy, Data security |
| DMM 5205 | Business Analytics | Core | 3 | Data mining, Predictive modeling, Optimization, Simulation, Decision support systems |
| DMM 5206 | Business Ethics & Corporate Social Responsibility | Core | 3 | Ethical theories, Corporate governance, Environmental sustainability, Stakeholder management, Social audit |
| DMM 5207 | Strategic Management | Core | 3 | Strategic analysis, Strategy formulation, Implementation, Competitive advantage, Global strategy |
| DMM 5208 | Entrepreneurship Development | Core | 3 | Entrepreneurial process, Business plan, Startup funding, Innovation, Venture creation |
| DMM 5301 | Summer Internship Project | Project | 4 | Problem identification, Research design, Data collection, Analysis and recommendations, Report writing and presentation |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| DMM 6101 | Project Management | Core | 3 | Project life cycle, Planning, Scheduling, Risk management, Project control |
| DMM 6102 | Supply Chain Management | Core | 3 | Supply chain design, Logistics, Warehousing, Transportation, Global supply chains |
| DMM 6103 | International Business | Core | 3 | Globalization, International trade, Foreign exchange, Global marketing, Cross-cultural management |
| DMM 6104 | Dissertation (Phase I) | Project | 3 | Research proposal, Literature review, Methodology design, Data collection planning, Thesis structure |
| DME 6111 | Consumer Behaviour | Elective (Marketing) | 3 | Consumer decision process, Psychological influences, Cultural factors, Social influences, Purchase behavior |
| DME 6112 | Marketing Research | Elective (Marketing) | 3 | Research design, Data collection, Qualitative research, Quantitative research, Data analysis |
| DME 6113 | Advertising & Brand Management | Elective (Marketing) | 3 | Branding strategies, Advertising campaigns, Media planning, Brand equity, Digital branding |
| DME 6121 | Investment Analysis & Portfolio Management | Elective (Finance) | 3 | Security analysis, Portfolio theory, Equity valuation, Bond valuation, Mutual funds |
| DME 6122 | Financial Markets & Institutions | Elective (Finance) | 3 | Money market, Capital market, Banking system, SEBI, Derivatives |
| DME 6123 | Financial Risk Management | Elective (Finance) | 3 | Risk identification, Hedging, Derivatives, VaR, Credit risk |
| DME 6131 | Industrial Relations & Labour Laws | Elective (Human Resource Management) | 3 | Industrial disputes, Trade unions, Collective bargaining, Labour welfare, Social security |
| DME 6132 | Learning & Development | Elective (Human Resource Management) | 3 | Training needs assessment, Program design, Evaluation, Talent management, Career development |
| DME 6141 | Logistics & Distribution Management | Elective (Operations & Supply Chain Management) | 3 | Transportation modes, Warehousing, Inventory planning, Network design, Last-mile delivery |
| DME 6142 | Quality Management | Elective (Operations & Supply Chain Management) | 3 | TQM, Six Sigma, Lean manufacturing, ISO standards, Process improvement |
| DME 6151 | Data Mining for Business Decisions | Elective (Business Analytics) | 3 | Data preparation, Classification, Clustering, Association rules, Predictive analytics |
| DME 6152 | Predictive Modeling & Forecasting | Elective (Business Analytics) | 3 | Regression, Time series, Machine learning, Forecasting techniques, Model validation |
| DME 6161 | Management of Technology & Innovation | Elective (General Management) | 3 | Innovation process, Technology strategy, R&D management, IP management, Diffusion of innovation |
| DME 6162 | Cross-Cultural Management | Elective (General Management) | 3 | Cultural dimensions, Global teams, Intercultural communication, Expatriate adjustment, Cultural intelligence |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| DMM 6201 | Dissertation (Phase II) | Project | 3 | Data analysis, Interpretation, Report writing, Thesis defense, Research presentation |
| DME 6114 | Services Marketing | Elective (Marketing) | 3 | Service quality, Customer satisfaction, Service design, Marketing of services, Digital service delivery |
| DME 6115 | Rural Marketing | Elective (Marketing) | 3 | Rural markets, Rural consumer behavior, Distribution channels, Product strategies, Rural communication |
| DME 6116 | Sales & Distribution Management | Elective (Marketing) | 3 | Sales force management, Channel design, Wholesaling, Retailing, Sales promotion |
| DME 6117 | Digital Marketing | Elective (Marketing) | 3 | SEO, SEM, Social media marketing, Content marketing, Email marketing |
| DME 6118 | International Marketing | Elective (Marketing) | 3 | Global market entry, Product adaptation, Pricing strategies, Promotion, Distribution |
| DME 6119 | Product & Category Management | Elective (Marketing) | 3 | Product lifecycle, New product development, Category analysis, Portfolio management, Innovation |
| DME 6124 | Mergers, Acquisitions & Corporate Restructuring | Elective (Finance) | 3 | Valuation, Synergy, Deal structure, Post-merger integration, Divestitures |
| DME 6125 | International Financial Management | Elective (Finance) | 3 | Exchange rate risk, Capital flows, International investments, Multinational corporations, Global financial markets |
| DME 6126 | Behavioral Finance | Elective (Finance) | 3 | Investor psychology, Biases, Anomalies, Prospect theory, Market sentiment |
| DME 6127 | Project Appraisal & Finance | Elective (Finance) | 3 | Project feasibility, Cash flow analysis, Capital budgeting, Project financing, Risk assessment |
| DME 6128 | Management of Financial Services | Elective (Finance) | 3 | NBFCs, Insurance, Merchant banking, Mutual funds, Wealth management |
| DME 6129 | Fintech and Blockchain in Finance | Elective (Finance) | 3 | Digital payments, Peer-to-peer lending, Robo-advisors, Cryptocurrency, Distributed ledger technology |
| DME 6133 | Strategic Human Resource Management | Elective (Human Resource Management) | 3 | HR strategy, Workforce planning, HR analytics, Global HRM, Change management |
| DME 6134 | Compensation & Benefits Management | Elective (Human Resource Management) | 3 | Pay structures, Incentive plans, Employee benefits, Executive compensation, Performance-linked pay |
| DME 6135 | Performance Management & HR Analytics | Elective (Human Resource Management) | 3 | Performance appraisal, Goal setting, Feedback, HR metrics, Data-driven HR decisions |
| DME 6136 | Organization Change & Development | Elective (Human Resource Management) | 3 | Change models, Intervention strategies, Culture change, OD tools, Employee resistance |
| DME 6137 | International Human Resource Management | Elective (Human Resource Management) | 3 | Expatriate management, Global staffing, Compensation, Training, Repatriation |
| DME 6138 | Talent Acquisition & Retention | Elective (Human Resource Management) | 3 | Recruitment strategies, Employer branding, Onboarding, Engagement, Attrition management |
| DME 6143 | Services Operations Management | Elective (Operations & Supply Chain Management) | 3 | Service process design, Capacity management, Waiting lines, Service quality, Customer experience |
| DME 6144 | Materials Management | Elective (Operations & Supply Chain Management) | 3 | Purchasing, Inventory control, Vendor management, Stores management, Material flow |
| DME 6145 | Retail Management | Elective (Operations & Supply Chain Management) | 3 | Retail formats, Merchandising, Store operations, Category management, Omnichannel retail |
| DME 6146 | Strategic Sourcing & Procurement | Elective (Operations & Supply Chain Management) | 3 | Sourcing strategy, Supplier selection, Contract management, E-procurement, Global sourcing |
| DME 6147 | Sustainable Operations & Supply Chain | Elective (Operations & Supply Chain Management) | 3 | Green supply chain, Circular economy, Environmental footprint, Social responsibility, Ethical sourcing |
| DME 6148 | Technology & Operations Management | Elective (Operations & Supply Chain Management) | 3 | Industry 4.0, Automation, AI in operations, IoT, Digital transformation |
| DME 6153 | Marketing Analytics | Elective (Business Analytics) | 3 | Customer segmentation, Campaign optimization, Pricing analytics, Web analytics, Social media analytics |
| DME 6154 | Financial Analytics | Elective (Business Analytics) | 3 | Portfolio optimization, Risk analytics, Credit scoring, Algorithmic trading, Fraud detection |
| DME 6155 | HR Analytics | Elective (Business Analytics) | 3 | Workforce analytics, Attrition prediction, Recruitment analytics, Performance metrics, Employee engagement |
| DME 6156 | Big Data Analytics & Visualization | Elective (Business Analytics) | 3 | Hadoop, Spark, Data warehousing, Tableau, Power BI |
| DME 6157 | Web & Social Media Analytics | Elective (Business Analytics) | 3 | Google Analytics, Social listening, Sentiment analysis, Conversion tracking, ROI |
| DME 6158 | Optimization & Simulation for Business | Elective (Business Analytics) | 3 | Linear programming, Non-linear programming, Monte Carlo simulation, Queuing theory, Decision trees |
| DME 6163 | Corporate Governance & Ethics | Elective (General Management) | 3 | Board of directors, Shareholder rights, Transparency, Whistleblowing, Ethical leadership |
| DME 6164 | Public Policy & Management | Elective (General Management) | 3 | Policy formulation, Implementation, Evaluation, Public sector reforms, Government-business interface |
| DME 6165 | Stress Management & Well-being | Elective (General Management) | 3 | Stressors, Coping mechanisms, Emotional intelligence, Mindfulness, Work-life balance |
| DME 6166 | Business Consulting | Elective (General Management) | 3 | Consulting process, Problem-solving, Client engagement, Proposal development, Project delivery |
| DME 6167 | Negotiation & Conflict Management | Elective (General Management) | 3 | Negotiation strategies, Conflict resolution, Bargaining, Mediation, Interpersonal skills |
| DME 6168 | Family Business Management | Elective (General Management) | 3 | Family dynamics, Governance, Succession planning, Professionalization, Conflict resolution |
| DME 6169 | Management of Non-Profit Organizations | Elective (General Management) | 3 | Fundraising, Volunteer management, Social impact, Governance, Strategic planning |
| DME 6170 | Business Intelligence | Elective (General Management) | 3 | Data warehousing, ETL, Reporting, Dashboards, KPIs |
| DME 6171 | Legal and Regulatory Framework for Startups | Elective (General Management) | 3 | Company registration, Intellectual property, Funding regulations, Compliance, Exit strategies |
