Heritage Business School (formerly known as Management Education Center) was established in 2003 and is housed alongside Heritage Institute of Technology, located in Anandpur, along the eastern fringes of Kolkata. It offers a full time two year course in Masters of Business Administration (MBA) for graduates, accredited by All India Council for Technical Education (AICTE) and awarded by the West Bengal University of Technology (WBUT).About the MBA Program
Spanning over 2 years and 4 semesters, the MBA program at Heritage Business School encompasses 28 courses (20 compulsory and 8 elective) and 8 weeks of project work. The Electives/Specializations offered in the second year are as follows:
- Finance Management
- Marketing Management
- Human Resources Management
- Systems Management
Applicants must have completed their graduation in any discipline in 10+2+3 systems (as recognized by Association Indian Universities/AICTE) or a professional course of a recognized university. Students in the final year of their graduation may also apply for the course.How to Apply
Those meeting the eligibility criterion may obtain the prospectus with the application form by paying of Rs.1000/- in cash or by a crossed Demand Draft drawn in favor of “HERITAGE BUSINESS SCHOOL” payable at Kolkata. The application from can also be downloaded from the HBS website (http://www.hbs.edu.in).Admission Procedure
- PRELIMINARY SELECTION
Candidate will be shortlisted for the day program on the basis of scores in CAT, CMAT and WBJEMAT (refer the prospectus for relevant years). Selection of Foreign and NRI candidates will be on the basis of GMAT scores.
- GROUP DISCUSSION AND INTERVIEW
Short listed candidates will go through group discussions and interviews in Kolkata itself. Their academic record and past work experience will also be accounted for.Fees Structure
The total fees for pursuing the two year MBA course at Heritage Business is Rs.4,48,900 (excluding caution deposit) covering tuition, instructions and other material, library membership, and access to computer. University Registration fees and Semester Examination fees are not included. The fees is payable in four installments over the four semesters as follows:
For a detailed break up of fees, refer http://hbs.edu.in/cmspage.php?id=72
For Hostel accommodation, a fixed room charge of Rs.28,200 (Rs.4,700 per month) is payable every semester and a caution deposit of Rs.10,000 to be deposited with the room charge of first semester. The meal and other miscellaneous charges are payable monthly on actual basis.Placements
The institute presents both summer internship and final placement opportunities for the students. Major companies visiting the campus for recruitment are as follows:
- Aditya Birla Money
- Airtel Ltd
- Bajaj Capital
- J P Morgan Chase
- ICICI Bank
- HDFC Bank
For the complete list, refer http://hbs.edu.in/cmspage.php?id=59
The highest package offered was 6.5 Lakhs per annum and the average salary procured has been 4 Lakhs per annum.Campus Facilities
The classrooms and tutorial rooms at The Heritage Business School are air conditioned and equipped with Audio Video Systems. It constitutes all the necessary constituents of a management college- a well-stocked library, a seminar hall and also an in house ATM. A student corner, indoor and outdoor gaming facilities serve the recreational needs.Hostel Facilities
Hostel facility is available on first come first serve basis. The hostel infrastructure has been recently upgraded.Financial Assistance and Scholarships
- Educational Loan at subsidized rates from national banks.
- Assistance for minority community students also available through Educational Loan Scheme of West Bengal Minorities Development and Finance Corporation.
- Railway Travel concession also available for eligible students.
Social involvement and clubs form a major constituent of life at Heritage Business School. The institute boasts of following activities:
- SEVA: Community Service Unit
The unit conducts regular visits NIRMAL HRIDAY and SHISHU BHAVAN and also oversees and adult education program
- National Service Scheme
Established in linkage with the NSS unit of St.Xavier’s college.
- Student’s Council
The council organizes the annual management festival of Heritage- PRARAMBH and also constitutes of sub-committees like Cultural, Academic, Magazine, Games & Sports and various Clubs.
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To pursue MBA at HBS 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.