BITS Pilani launches management school
PALANI [Maha Media]:Birla Institute of Technology & Science (BITS) Pilani on Thursday announced the launch of BITS School of Management (BITSoM) with an investment of around ?1,500 crore over the next five to seven years. BITSoM will offer a two-year residential MBA degree programme with faculties drawn from the top business schools globally and a course fee of ?24 lakh.
Addressing a virtual press conference, industrialist Kumar Mangalam Birla, who is the Chancellor of BITS Pilani said over the past three decades there have been a lot of changes across the globe with the advent of new technologies and various events, the latest being the coronavirus pandemic, which have changed the business landscape thereby necessitating the way future business leaders are groomed.
"There is a need to redefine the content and format and delivery of an MBA programme. This is a time to introduce a new approach to management education to understand how business models are reshaped by technology, how consumer needs are solved by design thinking, how data science is becoming an indispensable tool to accelerate growth and how growth with inclusivity is a pre-requisite for creating values over time," he added.