Bounding down the stairs with an astonished yet happy look on his face, Samrat found himself clutching the railing as if to anchor his excitement within himself as he had just received the news that he had been yearning for the past three languorous months. He wanted to share with his mother that he had finally been selected in the Business Analytics domain at IIT ISM Dhanbad for his master’s in business administration.
His interest in business management was kindled during his undergraduate studies, where he used to be captivated by the intricate dynamics that drive world organizations and the global economy. This curiosity motivated him to explore avenues that would equip him with the skills and knowledge to navigate the complex world of business.
In India, enrolling for MBA in an IIT is not uncommon nowadays. IITs have long been recognized as centers of educational eminence, and its Department of Management Studies and Industrial Engineering (DMSIE) lives up to this legacy by offering a comprehensive curriculum designed to foster holistic development with a mathematics-based approach. And for almost 3 decades, IITs have been involved in delivering some of the most promising MBA grads in all of India.
While IIT Dhanbad had a richer heritage than most IITs, it started as a Mining School for India in 1926 as the Indian School of Mines. However, an unquenchable thirst for knowledge drove the institution to explore diverse fields of study. Today, the college has become a sprawling academic haven, housing an impressive array of eighteen departments and an extensive offering of online courses. But it wasn't the grandeur of the institution that had drawn Samrat's attention; rather, it was the astounding return on investment (ROI) that beckoned him.
You see, IIT Dhanbad had developed an MBA Programme which only cost 4.5 lakh Rupees, which is relatively very cheap when compared with other colleges charging nearly 20 lakh Rupees. This financial accessibility transformed Dhanbad into a beacon of hope for students hailing from middle-class backgrounds, like Samrat.
As Samrat reflected on these myriad factors contributing to his burgeoning happiness, he couldn't help but feel a sense of accomplishment and pride. The future awaited him with open arms, and he knew that his journey toward personal and professional fulfillment had officially commenced. In the not-so-distant future, he would have to bid farewell to the familiar comforts of home and the warm embrace of friends and family, venturing into the unknown in pursuit of a brighter and more promising tomorrow.
By
Samrat Chakraborty
DMSIE, IIT (ISM) Dhanbad