NALSAR University of Law, established in 1998 in Hyderabad, India, is renowned for its excellence in legal education. Expanding its academic horizons, NALSAR introduced the Integrated Program in Management (IPM), a five-year course designed for students aiming to build a career in business management.
Program Structure and Curriculum
The IPM at NALSAR is structured to provide a comprehensive understanding of management principles intertwined with legal insights. The curriculum spans fifteen terms over five years, with the initial three years focusing on foundational subjects such as philosophy, psychology, fine arts, mathematics, economics, law, and management. The subsequent two years are dedicated to advanced management studies, preparing students to tackle dynamic business scenarios effectively.
A distinctive feature of the program is the voluntary exit option after three years. Students who choose this path are awarded a Bachelor of Business Administration (BBA) degree, while those who complete the full five years receive both BBA and Master of Business Administration (MBA) degrees.
Admission Criteria
Prospective students must have completed their Class 12th examinations from a recognized board with a minimum of 60% aggregate marks (50% for SC/ST candidates). Additionally, applicants are required to have valid scores from either the NALSAR Management Entrance Test (NMET-UG) or the Integrated Program in Management Aptitude Test (IPMAT) conducted by IIM Indore. The selection process comprises a 75% weightage on entrance exam performance and a 25% weightage on personal interviews.
Course Components
The IPM curriculum is meticulously designed to ensure a holistic educational experience:
- Year 1: Courses include English Language and Literature, Mathematics for Managers, Principles of Management, Managerial Economics, Business Accounting, and Environmental Science.
- Year 2: Subjects cover Indian Politics and Policy, Managerial Computing, Financial Management, Information Systems, Marketing Principles, Business Statistics, Intellectual Property Rights & Laws, and internships with startups.
- Year 3: Focus areas include Innovation and Creativity, Business Analytics, elective courses in Business Laws, Human Resources, Marketing, and a corporate internship.
- Years 4 and 5: Advanced studies encompass Econometrics, Strategic Management, Organizational Behaviour, Digital Marketing, International Business, Entrepreneurial Strategy, Corporate Social Responsibility, specialized electives, seminars, internships, and a dissertation project.
This interdisciplinary approach ensures that students gain both theoretical knowledge and practical skills, making them well-equipped for the challenges of the business world.
Objectives and Outcomes
The IPM aims to:
- Enhance students' learning abilities and introduce effective knowledge assimilation techniques.
- Provide a strong foundation in management, law, philosophy, and psychology for comprehensive personality development.
- Instill a robust work ethic and discipline, aligning with corporate expectations.
- Promote holistic thinking to foster innovation and logical decision-making.
- Offer practical exposure through internships and live projects to deepen contextual understanding.
- Support entrepreneurial aspirations by guiding students toward tangible milestones during the program.
By integrating management education with legal insights, NALSAR's IPM strives to produce ethically responsible and legally aware business leaders.
Conclusion
NALSAR University's Integrated Program in Management stands as a testament to its commitment to interdisciplinary education. By blending management studies with legal frameworks, the IPM offers a unique pathway for students to emerge as competent professionals ready to navigate the complexities of the modern business environment.