MBA Program Objectives
The MBA program aims to drive corporate change in Nepal by transforming students into proficient managers, executives, and entrepreneurs who can serve as strategic change agents in both the corporate and social arenas. The program emphasizes cultivating a social and developmental perspective, while equipping students with robust skills in analysis, decision making, implementation, leadership, and communication. Higher Education has been going through extreme dynamism and it has changed its nature over the last decade, more so, over the last few years in the post-pandemic era. Higher Education has witnessed many changes and has to undergo significant changes to accommodate the needs and expectations of new learners. Likewise, the changes are imperative for Business and Management education as well considering the changing times. Due to the massive disruption caused in the business environment by technology and the pandemic and the emerging challenges of sustainability, the highly turbulent business environment, emergence of new business models, it is imperative for business schools to revisit their curriculum and pedagogy. As we enter into the era of machine learning (ML) and artificial intelligence (AI) and learn to co-exist with artificial intelligence; critical thinking, emotions, empathy, collaboration, and networking will be of primary importance. The course has been designed keeping the above in mind and also the changing needs of the new age learners and industry. The focus is on new age learning, co-creation of learning through active engagement of learners in the learning process, the concept of co-creation of learning, experiential learning, and adapting learning with the evolving age of AI and ML. The specific objectives of the program are as follows:
• To provide students a firm grasp of broad-based and integrated fundamentals of management with real-life applications.
• To develop professional managers who can effectively lead an organization in a highly dynamic and competitive global business environment.
• To provide student-centered learning environment where students acquire modern management skills, enhance their managerial capabilities, and adopt successoriented, career-focused behaviors and attitude.
Program Features
The features of the MBA program are competitive learning environment, market-driven concentrations, and program flexibility. The course requirements, duration, and other features of the program are as follows:
- The MBA program consist of a total of 60 credit hours comprising foundation courses, analytical tool courses, core and functional area courses, integrative courses, concentration and elective courses. The program also includes practicum modules, consultancy project and internship. The course offers a choice to students between degree by industry practice track or research track.
- The MBA program should be completed within six trimesters. The duration of each trimester will be 12 weeks excluding examinations. The college/school is required to complete the mandatory contact hours (12 hours for one credit) required by the program.
- Graduates from all disciplines are eligible to join the program. However, the applicant must have a minimum of 15 years’ formal education (12 years of schooling plus three years of graduation). Furthermore, the applicant must have secured a minimum CGPA of 2.0 or 45 percent in Bachelor’s level.
- The program shall be run without a long vacation. The minimum time period required to complete the program is 24 months (six trimesters). The maximum time for completion of the program shall be four years from the date of registration.
- The program will use a range of pedagogical inputs that includes on-campus learning through classroom discussions, presentations, group work, case analysis and guest lecture series, simulations, and off- campus learning through project work and on-line instructions.
Admission Procedure Eligibility
To be eligible to apply for admission to the MBA program, an applicant must have a minimum of 15 years of formal education (12 years of schooling plus 3 years of bachelor’s degree). Furthermore, the applicant must have secured a minimum CGPA of 2.0 or 45 percent in Bachelor’s level. The final decision on admission is taken on the basis of scores on the admission test and interviews.
Documents Required
The applicant is required to submit the following documents with the application form made available by Victoria International College by paying a predetermined fee:
• Completed and signed MBA application form
• Official transcripts from all the academic institutions attended
Certificates of all degrees should be photocopied and submitted with proper attestation. Enrolment is conditional upon completion of all admission formalities including payment of all fees as determined by the college. Incomplete applications shall not be processed.
Procedures for Admission
The admission procedure for MBA starts with a notice publicly announced by the Victoria International College (VIC). VIC provides the application forms and information brochures, on request, against the payment of the prescribed fee. VIC scrutinizes the applications thus received and administers the entrance test to eligible candidates. The college will inform the students about the time and date of the entrance test. Applicants will be short-listed for personal interviews on the basis of their scores in the written test. Final selection of students will be made on the basis of their aggregate scores in the entrance test, personal interview, and their previous academic records. A college may, however, modify the selection procedure to suit its needs with prior approval of the Dean. Candidates, who are given provisional admission, pending the submission of the qualifying certificates, will be required to submit an application specifying that they will submit their qualifying certificates registration deadline of the university, failing which the admission will be cancelled.
Curricular Structure
The MBA students are required to complete 25 courses including electives, concentration and practicum courses. Students can also choose seminar, practicum and lab works from the concentration and elective courses. There are graduate capstone project and experiential learning modules which include the industry track or research track and an internship (equivalent to 6 credit hours). Students are required to complete 8 foundation and analytical tool courses (16 credits), 11 core and functional courses (20 credits), 4 concentration courses (8 credits), 2 elective courses (4 credits), and Capstone Project and Experiential Learning/Graduate Thesis (6 credits), Internship (6 credits). A total of 60 credits is required to complete MBA degree.
| Term I | 10 credits |
| ACC 515 Accounting for Managerial Decisions | 3.0 |
| STT 501 Statistics for Mangers | 2.0 |
| ECO 511 Managerial Economics | 2.0 |
| MGT 543 Organizational Behavior and Human Resource Practicum | 2.0 |
| MGT 542 Organizational Behaviour and Human Resource Management | 1.0 |
| Term II | 12 Credits |
| FIN 531 Financial Management | 3.0 |
| STT 502 Quantitative Methods for Decision Making | 2.0 |
| ECO 512 Macroeconomics and Supply Chain Management | 2.0 |
| MGT 546 Operations and Supply Chain Management | 2.0 |
| MKT 561 Marketing Management | 2.0 |
| MKT 562 Digital Marketing Practicum | 1.0 |
| Term III | 11 Credits |
| RES 611 Methods for Business Research and Consultancy | 2.0 |
| MGT 548 Entrepreneurship and Innovation | 2.0 |
| MIS 521 Management Information System | 2.0 |
| COM 505 Managerial Communication | 2.0 |
| MGT 515 Leadership, Governance and Ethics | 1.0 |
| MIS 522 Management Information System Practicum | 1.0 |
| MGT 549 Entrepreneurship and Innovation Practicum | 1.0 |
| Term IV | 11 Credits |
| MGT 550 Business Environment and Strategy | 3.0 |
| Concentration I | 2.0 |
| Concentration II | 2.0 |
| Elective I | 2.0 |
| Elective II | 2.0 |
| Term V | 10 credits | |
| Concentration III | 2.0 | |
| Concentration IV | 2.0 | |
| Capstone Project and Experimental learning | 2.0 | |
| Industry Pathway | Research Pathway | 6.0 |
| COP 660Consulting Project (3.0) OR NVC 670 New Venture Creation (3.0) | RES 612 Graduate Thesis (6.0) | |
| DBN 680 Doing business in Nepal (3.0) | ||
| Term VI | 6 Credits |
| MGT 548 | 6.0 |
