It is a well-known fact that Cooperative Management is the only answer to rural credit in India and it owes its origin to the sponsorship to the Government. The Vaikunt Mehta Institute of Cooperative Management, established in 1967 has been contributing to cooperative management over the years though management training, management education, research and other activities over years as a grant in aid institution under the Ministry of Agriculture, Government of India. The PGDM (ABM) course has a history of creating competent managers in cooperative management. The institute also offers other courses, namely DMCO, DCBM and MDP.How to apply:
The application form may be downloaded from the www.vamicom.gov.in and it needs to be filled and sent with a valid score of CAT / MAT / XAT / ATMA / /CMAT (GMAT/GRE for foreign nationals*) and a demand draft of Rs. 1500 in favor of The Director, VAMNICOM, Pune”Admission Procedure:
The admission to the institute is strictly based on the scores of CAT / MAT / XAT / ATMA / /CMAT (GMAT/GRE for foreign nationals*). The candidate is shortlisted for a Group Discussion and Personal Interview based on his scores as well as past academic profile. The group discussions will be held across major cities all over India.Eligibility Criteria:
Candidate should have graduated in any discipline with at least 50% marks (45% for SC/ST) to be eligible to secure admission in the Institute. Applications are also open to those candidates who are pursuing their final year degree. If one wants to apply for the academic year starting 2015, candidate should have the scores for one of the following exams – CAT / MAT / XAT / ATMA / /CMAT (GMAT/GRE for foreign nationals*).Campus Facilities (i.e. Infrastructure):
Vaikunth Mehta National Institute of Cooperative Management is located close to Pune University campus off University Road. It is 7 kms away from Pune Railway Station & 15 Kms. from the Pune Air Port. Transportation is easily available to and from the Institute. The college is well known for its infrastructure and is well equipped with a library updated with the latest journals and books, a state of the art computer lab and other necessary facilities.Hostel:
The course is fully residential and all students are required to stay in the hostel. There are separate hostels for boys and girls and has enough accommodation capacity for everyone. The rooms are spacious and well furnished. The hostel is connected with 24 hours broadband connectivity.Placements:
Even in tough global economic conditions Vaikunth Mehta National Institute of Cooperative Management has undergone excellent placements. Over 30 companies visit a campus on an average and they have an excellent track record with an average per student offer of 2. The campus is known for placements across multiple sectors including Finance, Marketing, Consultancy and Banking. They have top end recruiters like Reliance Retail Pvt. Ltd and YES Bank Pvt. Ltd.Ranking:
Vaikunth Mehta Institute of Cooperative Management also known as VAMNICOM has achieved a ranking of 57 as per Business Today Rankings for 2014. It has also achieved a ranking of 26 as per the India Business Journal in March 2015.Scholarship:
VAMNICOM Scholarship of Rs. 30,000/- each is given to one male topper and one female topper student of the first year in the PGDM program.
GOI Scholarships are available for the students under reserved categories like SC/ST/OBC etc. National Co-operative Union of India Scholarship of Rs. 30,000/- per annum is given to six students as per their norms. An IFFCO Scholarship of Rs. 15,000/- per annum is given to Two SC and One ST student on basis of their performance.
VAMNICOM students are always in touch with the industry through various excursions and lectures by people from the business sectors. There are many cultural and social groups like Vidya, Urja, Srijan, Dhruva and more. There are guest lectures all through the year and Spardha –their annual fest, is one of the largest fests in India.Important Dates:
Applications are invited from the first week of December right and the application process continues till the end of March. The admission process goes on till mid-June.Fees:
The total course fees is Rs. 6, 50, 000.00 payable across 6 trimesters. The college provides loan assistance and various financial aids in form of scholarships to meritorious students.
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To pursue MBA at VAMNICOM students must satisfy following eligibility criteria.
The minimum qualification to apply for admission to the MBA Program is a Bachelor's Degree (10+2+3 years of education) in any discipline which is recognized by the Association of Indian Universities, or any degree equivalent to the Bachelor's Degree, with a minimum of 50% aggregate marks in the Secondary / Higher Secondary / Pre-degree Examinations (or equivalent) conducted by a Board / University.
Those appearing for the final year of the Bachelor's degree examinations may also apply subject to completing their examinations or viva-voce, if any, before June 30. Such candidates will however have to fulfil the above eligibility requirements in respect of minimum academic qualifications for admission and furnish evidence to that effect latest by October 31. At the time of interview and/or admissions, they will be required to produce a letter from their College Principal / Head of Institution stating the exam dates.
Candidates with appropriate industry experience will be given preference for admissions. Their work experience will be given due weightage in terms of the organization, position held and duration.
Selected candidates will be called to attend Group Discussions and Personal Interviews. Multiple Group Discussion & Personal Interview lists will be released in phases, both before and after the Application Deadline. The intimation for interview & group discussion is done through registered post and e-mail. In the case of some programs, Group Discussion may not be conducted, in favor of a rigorous interview process.
The selection criteria for calling candidates for admissions is based on multiple factors as follows:
- Past academic performance
- Quality & content of the answers in the application form
- Work experience, if any , in terms of job content & organization
- Group Discussion & Interview performance (applicable for final admissions only)
- Extra curricular activities, other interests & accomplishments
- Competitive Test score (CAT, MAT, XAT, CMAT)
A combination of all the above factors are used to determine the eligibility of candidates to be offered final admission. Test scores are NOT the only criteria for selection.
A high test score does not guarantee a call for Group Discussion/Interview. The selection criteria are based on multiple factors as mentioned above.