FAQ

Frequenty Asked Questions

Get answers to common queries about our course to make an informed decision before embarking on your learning journey.

Program Overview

This program is a specialised MBA designed to equip professionals with advanced knowledge and skills in the maritime and supply chain sectors. IIT Madras offers it in collaboration with i-maritime.

The program is ideal for professionals, entrepreneurs seeking to advance their careers in leadership roles by learning digital technologies applications in maritime and supply chain sectors.

The proposed Online MBA Digital Maritime and Supply Chain from IIT Madras with Industry Partnership targets adiverse global audience with significant potential:

Indian Maritime and Supply Chain Professionals: Indian Seafaring Professionals ( Navigation and Marine Engineering ) and Shore-based professional in the private sector in shipping, ports, inland terminals CFSsand ICDs. Individuals with 2 years’ work experience and who wish to build a career in logistics and warehousing, railways, road transport, aviation sectors

Indian Government and PSU Maritime Sector: Technical and EngineeringProfessionals across governmentports, maritime boards, shipyardsetc. including Indian Naval officers: Retired & Active

International Candidates: WorkingInternational Professionals globally seeking specializedmaritime and supply chain business expertise specially using digital technologies

Enhanced compensation, advanced positions, and broadened geographic opportunities for greater career growth.

Yes, this program is similar but more rigorous and less expensive. We provide scholarship provisions to support eligible students.

While we do not offer direct placement services, our Career Guidance Cell assists with career advice to enhance your job prospects and advance your career.

The IIT Madras Online MBA operates mainly following 4 layered learning process

I. Online Learning: with synchronous classes, supplemented by on-campus immersion modules. This blended approach caters to professionals balancing work and study, using case-based pedagogy and peer learning to enhance educational outcomes.

II. Working on Project Digital Transformation which allows Professional to learn latest digital transformation tools such as IoT, AI, ML, Block Chain and other industry 4 applications for maritime and Supply chain Businesses

III. Interaction with Industry Experts who are in Leadership roles and who would be available as Industry experts, Mentors and Project Digital Transformation Supervisors

IV. Peer to Peer learning by networking with fellow students and IIT Madras alumni network spread all over the world

I. Integration of AI, ML, IoT, and Blockchain technologies in Maritime Supply Chain

II. Designed for global professionals to enhance career mobility.

III. Live project collaborations with industry leaders.

IV. Access to IIT Madras's Incubation and Start-up Platform.

V. International networking opportunities.

VI. Eight on-campus immersion sessions.

VII. IIT Madras Alumni status upon completion.

VIII. Flexible duration: 2 years (extendable to 4 years).

Yes, participants can choose from a wide range of elective courses across various functional areas, subject to credit requirements. Instead of electives students can also choose Project Digital Transformation for a function area.

Live online sessions will be broadcast from studios at IIT Madras using a suitable technology platform, directly to participants' devices.

All lectures recordings will be available for viewing later

Participants retain lifetime access to IIT Madras email, but Moodle access is available only until the end of the program.

I. Friday (evening): 1 session (7:30 pm - 9:00 pm)

II. Saturday (evening): 2 sessions (6:00 pm –7.30 pm; 7.45 pm to 9:45 pm)

III. Sunday (morning): 2 session (10:00 am - 11:30 am; 11.45 noon – 1.15 pm)

IV. Sunday (additional session post-lunch): 1 session

Additional time has to be spent for carrying out the project work, case studies and for completing project assignments given. It is envisaged that in first year 8-10 hour weekly effort would be required by working professionals increasing to 15-18 hours in second year. Overall it is expected that working professionals need to spend roughly 1000 hours in completing the Online MBA course

Participants would attend on-campus immersion modules six times over two years, starting with the inaugural immersion module.

On-campus immersion modules focus on immersive learning of concepts requiring interpersonal engagement, utilizing campus facilities for practical applications like simulations and experiments.These immersion program would facilitate bonding between fellow students, create competitive and cooperative spirit amongst program participants

Yes, Online Program participants will have full access to academic and non-academic facilities, including the Campus Library/ Digital Library, faculty interactions, alumni office, and sports facilities

Obtaining an NOC is not mandatory.

Yes, IIT Madras would actively promote the program among employers to enhance recognition and career advancement opportunities for participants

Students must complete a specified number of credits with a minimum cumulative grade point average, including 20 core courses, 12 electives, including 7 Transformative Projects instead of electives

A convocation ceremony will be organized at IIT Madras to confer the MBA degree to graduating participants

IIT Madras would provide career advisory cell

Yes, completing the on-campus immersion modules is mandatory for program completion. However a special dispensation could be given specially if candidates are serving/ working overseas

Yes, participants are recognized as bonafide students and receive alumni status upon completion

Application and Admission Process

I. Minimum of 2 years full-time work experience post-graduation by June 15, 2024.

II. Bachelor's degree or /CA/CS/ICWA with at least 60% marks in aggregate

I. Online IIT Madras Admission Test (IAT) or

II. Valid CAT, GMAT, or GRE score within the last 5 years

III. Final selection based on a personal interview for shortlisted candidates.

Candidates can take the Online IIT Madras Admission Test (IAT).

Preparation involves studying for the prescribed tests (IAT, CAT, GMAT, or GRE) and preparing for the personal interview

Select the IAT option while filling out your application form on the IIT Madras Online MBA admissions page

The IAT Exam duration is around 90-120 minutes

The IAT consists of three sections: Quantitative Aptitude, Analytical Reasoning, and Verbal Aptitude

The IAT will be conducted at selected exam centres across India and worldwide

Fees, Scholarships and Bank Loan

The programme fee for the 2024-2026 batch is INR 9 lakhs, excluding travel and accommodation costs for campus immersion modules. Fees are payable in 9 instalments

As per our policy, we do not offer refunds for applications.

We encourage you to apply for our scholarship program to support your educational journey. Visit our website [https://ntcpwc.iitm.ac.in/dmscmba] to submit your scholarship request.

We request you to apply for our scholarship program, which offers financial support based on academic excellence and financial necessity. Visit our website [https://ntcpwc.iitm.ac.in/dmscmba] to submit your scholarship request.

The Scholarship Committee, comprising experienced faculty members and administrators, reviews all applications based on merit, need, and eligibility criteria. The committee ensures a fair and thorough evaluation process, and their decision is final.

The fee includes tuition, access to online and campus facilities, and study materials but excludes travel and accommodation for on-campus modules

Payment deadlines are structured throughout the duration of the program, with specific dates communicated upon admission

Yes, scholarships covering up to 50% of the course fee are available. Students have to fill an scholarship form by down loading it from MBA program website

Yes, the programme is eligible for bank loans, and participants can apply for education loans to cover the costs

Deferral requests are considered on a case-by-case basis by the Programme Executive Committee and are subject to availability in the subsequent intake

You may apply for the scholarship by submitting the scholarship form . Scholarships can be provided based on academic excellence and financial need.

Below is the Instalment Schedule:

  • Commitment Fee (Non Refundable): September 15, 2024 - ₹1,00,000
  • 1st Instalment: September 30, 2024 - ₹1,00,000
  • 2nd Instalment: November 4, 2024 - ₹1,00,000
  • 3rd Instalment: January 4, 2025 - ₹1,00,000
  • 4th Instalment: March 4, 2025 - ₹1,00,000
  • 5th Instalment: September 4, 2025 - ₹1,00,000
  • 6th Instalment: November 4, 2025 - ₹1,00,000
  • 7th Instalment: January 4, 2026 - ₹1,00,000
  • 8th Instalment: March 4, 2026 - ₹1,00,000

Our fee structure is competitive and reflects the quality of education, experienced faculty, and comprehensive resources we offer. The fee for similar programs at IIM Ahmedabad is approximately INR 20 lakhs, IIM Kozhikode is INR 15 lakhs, and IIM Sambalpur is INR 12.5 lakhs.

Exam Related

We will try to accommodate the candidate's availability as much as possible, especially when they are on a ship and can only attend interviews at a port.

Recordings for all lectures will be available for viewing later. You can access these recordings through the dedicated platform.

If you miss your exam, promptly email the program coordinator explaining your reason. Include your name, student ID, course details, and the exam date. Ensure your reason is valid.

Entrance exams are conducted online, leveraging digital platforms for convenience and accessibility. Candidates typically take the exam remotely using a computer or mobile device connected to the internet.

The selection process typically involves an initial aptitude test conducted online. Those who qualify proceed to an interview. Successful candidates are chosen based on their performance in both stages.

The weightage is internal and confidential.

Class Details and Assignments

The time limit for the project will be specified in the assignment details.

For group projects, the group will be created online. Each member will be assigned specific tasks to complete individually.

As this is our first program, we have not finalised it yet. However, given the nature of online education, we are considering the inclusion of one or two international hubs, such as Dubai, Singapore, or Hong Kong.

This MBA degree qualifies you to pursue a PhD in the future. It provides the foundational knowledge and research skills necessary for advanced academic and professional research opportunities.

An online teaching assistant will be available to support you, answer your questions, and guide the course, ensuring you have the help you need to succeed.

Eligibility Related

Yes, the program is ideal for professionals seeking to advance their careers in leadership roles by learning digital technologies applications in maritime and supply chain sectors.

You will be eligible for the program based on your PG degree.

Below are the unique features of the Online MBA Digital Maritime and Supply Chain Program:
I. Integration of AI, ML, IoT, and Blockchain technologies in Maritime Supply Chain
II. Designed for global professionals to enhance career mobility.
III. Live project collaborations with industry leaders.
IV. Access to IIT Madras's Incubation and Start-up Platform.
V. International networking opportunities.
VI. Eight on-campus immersion sessions.
VII. IIT Madras Alumni status upon completion.
VIII. Flexible duration: 2 years (extendable to 4 years).

It also provides interaction with industry experts who are in leadership roles and who would be available as industry experts, mentors, and project digital transformation supervisors, and the IIT Madras alumni network is spread all over the world.

With over ten years of work experience and a graduation degree, you may be eligible for the program, presuming you have more than 60% in your graduation.

Yes, the online MBA program is open to foreign nationals.

Program Details

Proposed Class schedule:
- Friday (evening): 1 session (7:30 pm - 9:00 pm)
- Saturday (evening): 2 sessions (6:00 pm – 7:30 pm; 7:45 pm - 9:45 pm)
- Sunday (morning): 2 sessions (10:00 am - 11:30 am; 11:45 am - 1:15 pm)
- Sunday (afternoon): 1 session post-lunch

Additional time must be spent carrying out the project work, case studies, and completing project assignments. It is envisaged that in the first year, working professionals would require 8-10 hours of weekly effort, increasing to 15-18 hours in the second year. Overall, it is expected that working professionals will need to spend roughly 1000 hours completing the Online MBA course.

Participants can choose from elective courses across various functional areas, subject to credit requirements. These electives will include digital transformation projects as well.

The first batch size is set at 100 to 200 participants.

The date for the entrance exam will be communicated to you via email. Please check your email regularly for updates and further instructions regarding the exam schedule.

Faculty members, including Prof. Murali (Chairperson Online MBA and Dean Faculty) and Dr. Thenmozhi (Professor and Head of the Department of Management Studies), are assigned to each of the 32 courses.

Tentative Program Schedule:
- Orientation: September 15, 2024
- Campus Immersion/Online Module Start: September 22-28, 2024

Yes, it is a genuine degree (MBA – Digital Maritime and Supply Chain) issued by IIT Madras.

The certificate awarded will state “MBA Digital Maritime & Supply Chain”.

Immersion modules will also be available as recorded sessions, allowing you to access and review them at your convenience.

The campus visits will be scheduled later and coordinated with upcoming holidays for convenience. We will inform you of the exact dates once the program commences.

Need Assistance?

Connect with Us
Ramesh Singhal

Program Director

  • 7021659509 | 9820340418
  • ramesh@imaritime.com
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