Universal Business School

Get answers to your questions about graduate management education from admissions professionals across the globe.

Dr. David Faulkner is the international dean, Corporate Governance at Universal Business School. He holds a D Phil from the Oxford University, UK, and has rich academic experience as Emeritus Professor of Strategy, Royal Holloway, University of London. He has served as deputy director, Oxford University, Saïd Business School. He is also a research fellow at Judge Institute, Cambridge University.

Dr. Faulkner’s professional experience includes seven years as strategic and organizational consultant at McKinsey. He has authored and published 13 books.

Dr. Faulkner answers your questions below.

About the Program?

  • Name of the school: Universal Business School
  • School location: Kushivili, PO Gaurkamath, Vadap, Karjat – 410201, Mumbai, District Raigad, Maharashtra
  • Year school started: March, 2009
  • Global ranking: Ranked by India Today as a 5 Star University; Ranked Top 4 Truly Global B-school in India by Times of India; Global Ranking a) Cardiff Met Ranked No.1 Modern University in UK by Times Higher Education; b) INSEEC Ranked 12th Best B-school in France by Challenges; c) La Rochelle Business School Ranked 52nd in Europe by Financial Times 
  •  Name of the programs:
    • MBA Degree from Cardiff Metropolitan University, UK + AICTE Approved PGDM (15 / 24 months)
    • MBA Degree from Swiss School of Management, Italy + AICTE Approved PGDM (15 months)
    • MBA Degree from INSEEC Business School, France + MBA Degree from Swiss School of Management, Italy + AICTE Approved PGDM (24 months)
    • MBA Degree from University of Economics, Bulgaria + AICTE Approved PGDM 

Admission Criteria?

  • GMAT score: Score accepted – Above 450
  • Work experience requirement
    • One Year Courses - 2 years work experience required
    • Two Year Courses – No work experience required
  • English proficiency requirement: If achieved in English Language over 60% in 10th & 12th then IELTS waived. Otherwise IELTS required with 6 Band.
  • Letters of recommendations: Yes, 2 Letters of Recommendations (LORs) required. One from Education and if working one from Employer (current / previous)
  • Interview/group discussion: Two Rounds of Interviews in person/telephonic/Skype. 1st one is with International Faculty and 2nd with CEO. Group discussions will also be required if the academic council feels so.
  • Others:
    • Statement of Purpose (SOP) for all programs is mandatory.
    • Application form duly filled.
    • Mark sheets for 10th, 12th & Graduation and Degree Certificates

What is the Application Process?

  • Application procedure: Complete the application form online. Attach Documents during Application process or email them to admissions@ubs.org.in
  • Application fee: 1500 INR.
  • Where do I get a copy of the application form? Log on to www.universalbusinessschool.com and go to the ‘Apply Now’ section or Click http://www.universalbusinessschool.com/apply-mba-online-form/
  • When does the application process start?   September 1 every year.
  • What is the last date to apply? 1st Deadline - December 15; 2nd Deadline -January 15; 3rd Deadline – March 15 every year. Third cycle is only commenced if seats are vacant and hence it is advised to apply sooner for an opportunity to get selected.

What is the Admission Process?

  • Step-by-step process of admission is as follows
    • Step 1 - Application form (with fee remitted- INR 1500.00).
    • Step 2 - Submission of all academic transcripts, additional certificates (extra-curricular), SOP & LORs.
    • Step 3 - Group Discussion (if required by academic council).
    • Step 4 - Personal interview.
    • Step 5 - CEO round interview.
    • Step 6 – Selection and Offer Letter
  • The range of GMAT scores for accepted students: Above 450+ (five parameters will be considered and academic council approval).
  • Is there a requirement of 16 years of study prior to applying? No.
  • What constitutes work experience? All experience through employment subject to receipt of a copy of an offer letter and salary slip if requested.
  • Is there a minimum cut off for TOEFL/IELTS/PTE test scores? TOEFL – 65, IELTS – 6 Band, PTE – 50. 
  • Who should letters of recommendation come from? Institution Dean, Principal, HOD, or employer.
  • When should I expect an invitation for an interview? Within 2 weeks of a complete and verified application form, meeting basic criteria.
  • Who should I contact if I have a question regarding my application status? Admissions Team admissions@ubs.org.in or call on 022-33481660

Fees & Other Expenses?

  • What is the estimated cost for the entire program for a foreign student? All costs in INR, as follows: 
    • MBA from Cardiff Metropolitan University, UK (15 Months) – INR 9,48,000
    • MBA from Cardiff Metropolitan University, UK (24 Months) – INR 10,98,000
    • MBA from Swiss School of Management, Italy - (15 Months) - INR 8,48,000
    • MBA from INSEEC Business School, France + MBA from Swiss School of Management, Italy (24 months) – INR 8,48,000 + EUR 6000
    • MBA from University of Economics, Bulgaria (15 Months)  – INR 10,98,000
  • What is the cost of living for the duration of the programme? Accommodation & Food Expenses – INR 2,34,000 per year (single sharing) & Rs.1,78,000/- per year (Single Sharing)
  • Are there other costs to be taken into consideration? If yes what?  Refundable Security deposit of INR 30,000.
  • Are there any job opportunities on campus that can be pursued while the programme is on, to lower the overall cost impact? Yes, there is an “earn while you learn” option on campus where a student can earn about INR 2000 per month, which lowers the overall financial impact of the student.

What is the financial support option available to students?

  • Are there scholarship options available for the students? Yes, there are excellent scholarship options available to students up to INR 4,50,000
  • What are the criteria for determining scholarship applications? Academic scores, extra-curricular activities, communication skills, work experience (if any) or internships and training (if any).
  • What are the options of availing a loan? Multiple Banks - Central Bank of India, Punjab National Bank, Bank of India, State Bank of India, Bank of Baroda, Credila, IDBI Bank, Avanse, UCO Bank, United Bank of India, Axis Bank
  • What is the amount of loan that a student is eligible for and what are the documents required? Amount of loan – 90 percent, collaterals needed to be submitted depending on the loan amount.
  • At what rate of interest is the loan available? 12.5 percent subject to change, based on the bank.
  • What is the date from which loan repayment begins? 18 months from the commencement of the program.
  • What is the maximum period in which a loan is to be repaid? Seven years.
  • Does the Institute/School help in getting loan? Yes, we assist the student and his/her family with the documentation process. Final decision is the sole discretion of the bank

Curriculum/Faculty/Student Exchange/Hostel accommodation facilities of the school?

  • How many intakes in a year and when? 2 intakes per year. Spring Intake = Mar 15th & Summer Intake – July 15th.
  • Size of the intake: 240 students across the various programs.  
  • What is the percentage of foreign students in an average class/intake? 5-10 percent.
  • What are the specializations available: Marketing, Finance, HR, Operations, Supply Chain Management, International Business & Economics, Luxury Management, Entrepreneurship, Leadership & Global Management, Project Management and Product Management.
  • What percent of the batch finds jobs within three months of graduation? 100 percent.
  • What is the mean starting salary of a class after graduation? Rs.6.5Lakh.
  • What are the key sectors represented in recruiters for this programme? FMCG, Retail, Financial Services, Banking, Asset Management, Insurance, Consulting, Manufacturing, IT, Consumer Electronics, Automobiles, Cement, e-Commerce, Advertisement & Media, Exchanges, Real Estate, Hospitality, Chemicals, Education, Market Research, Oil & Gas, Shipping & Logistics, Telecommunication and Healthcare.

For further questions and enquiries regarding admissions, programs and application process at Universal Business School, write to admissions@ubs.org.in or call on 022-33481660 or 9920101960.