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MBA in Digital Business
Program Overview
Preamble

Perhaps the most dynamic in this world is the rate of technology development and exploration and how it affects business. What was once an enabler is now a driver of business, combining traditional business models with the digital world. Digitalization of business has disrupted the traditional business mechanisms, creatively launching new businesses harnessing innovative management approaches. Most importantly this new model is making the traditional business model obsolete.

Tremendous opportunities present themselves to ones who can visualize the potential of the digital economy, stand to be the leaders of this era and flourish. The digital business requires leadership skills related to digitization not only pertaining to operations or finance.

DYPIU’s MBA in Digital Business is designed for youth who live in this digital world and who want to be relevant and prepared for the future. The MBA in Digital Business fosters the student’s technological and decision making skills and adds a differential value to increase their competitiveness. The program aims to build competencies and enhance organizational performance through digitization. The focus of the inputs is to study and analyse how digital transformation of the enterprise will have an impact across all levels and functions of an organization, including Marketing, Sales, Purchasing, Logistics, Human resources and other departments. On completion of the program students will have a better understanding of innovative methodology and how digital tools and improve strategies and processes of a business.

Drivers of Digital Business
  • Rising Customer Expectations: The customers are tech savvy and that is reflected in their online presence and spending. Greg Van den Heuvel, COO of Software Solutions at Pitney Bowes, shared insights from their research, indicating that 73 percent of customers prefer to do business with brands that personalize their shopping experience and 80 percent of customers express frustration when their identity and current actions are lost when switching between channels. Each time a consumer is exposed to an improved digital experience, their expectations are immediately reset to a new higher level. Power of technology is driving the customer experience and expectations to a new height. This indicates that digital transformation needs to be a very high priority for companies.
  • SPEED of Technology adoption: Mind-set of the business is one of the challenges to achieving the necessary velocity of change. Reciprocity to the digital business opportunity depends on speed of technology adoption of the business. In many cases, by the time they have devised a perspective on how to respond to an opportunity or threat, the world has changed by an order of magnitude. If the companies want to avoid becoming the Digital preys, they need to speed up digital transformation.
  • Develop Customer insight: Companies need to develop a rapid response to the empowered customer expectations, requiring a focus on customer insight, understanding overall customer base, needs of individual segments, need of the individual customer, so that individual customer can be customized. Data mining, analysis and prediction are key to predictive modelling.
  • Artificial Intelligence is impacting business: There's no question that the fastest emerging priority is AI, inspired in part by the growing popularity of "conversational" interfaces such as Siri and Alexa. AI interfaces will provide natural language inputs and outputs, proactively make decisions on users’ behalf and check for errors when tolerance is low.
  • Digital transformation means business transformation: Business enterprises need to recognize that evolving to a true digital value proposition isn't just about digital, but requires in many cases a re-invention of major portions of the business including core technology systems, operating processes and business models. Nigel Fenwick, Vice President & Principal Analyst, offered a definition of digital transformation meant to emphasize this scale and scope, "Digital transformation is a fundamental shift in how a firm delivers value and drives revenue."
MBA in Digital Business

The two-year master's programme in Digital Business takes a broad approach to the digitalisation that shapes society. It addresses the new challenges that digitalisation poses for companies and their employees with regard to business renewal and innovation, marketing and digital services.

Students gain knowledge in how to analyse the business opportunities that digitalization offers for both new and existing companies. In addition, the programme stimulates creative thinking around digitalisation, strategic change, business innovation and renewal.

The programme combines theoretical and real-world practical work, and has a multidisciplinary approach covering topics in business administration, Digital Business, Technology ingrained in the syllabus.

Program Objectives
  • To facilitate the learners to gain knowledge and understanding of management theories and competencies relevant to Digital Business Models.
  • To provide avenues for the development of digital business skills, professional & life skills that equips learners to engage in a successful career.
  • To sensitize learners to issues of digital and social relevance that managers & leaders must address, including business ethics, cultural diversity, and environmental concerns.
  • To inculcate among the learners the ability & aptitude for life-long learning for personal, professional and social development.
  • To enable learners to create digitally enabled business ventures by equipping them with the necessary entrepreneurial skills.
Program Outcomes
  • Exhibit managerial competencies relevant to evolving Digital Business World.
  • Integrate interdisciplinary aspects of management principles in providing practicable solution frameworks to real world problems.
  • Evolve team leaders competent in cross-functional, multi-cultural teams to achieve common goals.
  • Exhibit ethical and values in  managerial choices in a political, cross-cultural, globalized, digitized, socioeconomic environment impacting  businesses and society at large.
  • Commitment to life long learning to gain multidisciplinary knowledge through self-study, experiential learning, and peer learning, through the adoption of varied conventional & non-conventional, traditional and digital modes of learning.
  • Deploy entrepreneurial & Intrapreneurial skills for founding, leading & managing evolving business domains.
Graduate Attributes
  • GA1: Managerial and Digital Business competence
  • GA2: Creative & Innovative mind-set with global orientation
  • GA3: Research Aptitude
  • GA4: Mastery in Digital Business Technology
  • GA5: Entrepreneurship & Intrapreneurship Orientation
  • GA6: Cross-functional & Inter-disciplinary Orientation
  • GA7: Result Orientation
  • GA8: Professionalism, Ethical, Values Oriented & Socially Responsible behaviour
  • GA9: Life-Long Learning Orientation
Highlights of the Program
  • Multiple tracks namely Fintech, Marketing Analytics and Supply Chain Management are offered addressing to the current and future needs of the industry. Student can register for any one track, in consultation with faculty advisors in the second year of the program.
  • Specially designed Workshops on IoT, Machine learning, Artificial Intelligence an impact on Business.
  • Regional and International Immersion Program (Regional & International Study Tour)
  • Industry Visits
  • Data Science skills
  • Life Coping Skills
  • Certification Programs Focused on Employability Enhancement
  • Focus on Project based  Training
  • Dissertation / Industry Immersion Program
Course Structure ( + Course Grid with L-T-P : Credits)
Semester I
Course Code Course Name Course Credits
MFOB5001 Management Foundation and organizational Behavior 3
BE5002 Business Economics 3
ABM5003 Accountancy for Business Managers 3
BL5004 Business Laws 3
BS5005 Business Statistics 3
IPP5006 Introduction to Python Programming 3
SSPD-I-5007 Soft Skills & personality Development-I 2
MM5008 Marketing Management 3
  Total Credits 23
  Non Credit Compulsory Courses  
IKS-SLIL 5009 Strategic Leadership and Innovation Lessons 0
Semester II
Course Code Course Name Course Credits
FM5101 Financial Management 3
HRM5102 Human Resource Management 3
ECSR5103 Entrepreneurial Ethics and CSR 3
BRM5104 Business Research Methods 3
OSCM5105 Operations and Supply Chain Management  3
IBA5106 Introduction to Business Analytics 2
ERP5107 Enterprise Resource Planning 3
SM5108 Strategic Management  3
  Total Credits 23
  Non Credit Compulsory Courses  
IKS-IPE 5109 Indian Polity & Economy 0
Summer Semester

Includes *Summer Internship Program (5 credits) is intended to be a practical exposure to business operations to MBA-DB students with following objectives:

  • Apply business concepts and theories to real-world decision-making
  • Observe and participate in business operations and decision-making.
  • Meet professional role models and potential mentors who can provide guidance, feedback, and support.
  • Expand network of professional relationships and contacts.
  • Develop a solid work ethic and professional demeanour, as well as a commitment to ethical conduct and social responsibility.
Internship Duration

Students are expected to spend a minimum 50 days as an intern to derive the benefit and desired exposure.

Track 1: Fintech SEM III & IV Core
Semester III
Course Code Course Name Course Credits
F-IFM 6001  Introduction to Financial Markets 4
F-FM 6002 Financial Modeling 5
F-PM 6003 Portfolio Management 4
F-DM 6004 Derivatives Modeling 4
F-CRM 6005 Credit and Risk Management 4
SIP 6006 *SIP 5
SSPD-II-6032 Soft Skills & personality Development-II 2
  *Electives 4
  Total Credits 32
Semester IV
Course Code Course Name Course Credits
F-IFTE 6101 Introduction to FinTech Ecosystem 4
F-PT 6102 Pay Tech 4
F-BC 6103 Blockchain & Cryptocurrencies 4
F-WT 6104 Wealth Tech 4
F-EF 6105 Embedded Finance  4
F-GP 6106 Group Project 4
- - -
  *Electives  4
  Total Credits 28

*SIP- Summer Internship Project


Track 1: Fintech SEM III & IV Electives
Semester III
Course Code Course Name Course Credits
F-BF6007  Behavioral Finance 2
F-IBFM 6008 International Banking and Forex Management 2
F-FR 6009 Financial Reporting 2
F-IM 6010 Insurance Management 2
Semester IV
Course Code Course Name Course Credits
F-CSFT 6107 Case Studies in FinTech
 
2
F-CS 6108 Cyber Security
 
2
F-TF 6109 Trade Finance 2
F-RMF 6110 Rural and Microfinance 2

Track 2 : Marketing Analytics Sem III & IV- Core
Semester III
Course Code Course Name Course Credits
M-DM 6011  Digital Marketing 4
M-GAWA 6013 Google Analytics and Web Analytics 4
M-IEM 6014 IT Enabled Service Marketing 3
M-WD 6015 Web Designing 3
M-APR 6016 Advertising and Public Relations 3
SIP 6006 SIP 5
SSPD-II-6032 Soft Skills & personality Development-II 2
  Electives * 4
  Total Credits 28
Semester IV
Course Code Course Name Course Credits
M-SEO 6111 Search Engine Optimization 4
M-SMM 6112 Social Media Marketing 4
M-MM 6113 Marketing Models
 
4
M-R 6114 Retailing 4
M-MR 6115 Marketing Research
 
2
M-MAT 6116 Marketing Analytics Tools 2
M-MRP 6117 Market Research Project (MRP) 4
  Electives * 4
  Total Credits 28

*SIP- Summer Internship Project


Track 3: Marketing Analytics Electives

Students need to choose any Two from the given list

Semester III
Course Code Course Name Course Credits
M-DCB 6017  Digital Consumer Behaviour 2
M-GAGA 6018 Certifications – Google Analytics, Google Adwords 2
M-PBM 6019 Product & Brand Management 2
M-RAM 6020 Rural & Agriculture Marketing 2
M-GM 6021 Green Marketing 2
Semester IV
Course Code Course Name Course Credits
M-AGAW 6118 Advanced Google Ad words Certifications 2
M-FBB 6119 FB Blueprint Certification 2
M-MS 6120 Marketing Strategy 2
M-GC 6121 Google Cloud Certifications 2
- - -

Track 3: Intelligent Supply Chain Management Sem III & IV : Core Subjects
Semester III
Course Code Course Name Course Credits
S-I-4 6022 Industry 4.0 4
S-ACSM 6023 Analytics for SCM 4
S-PMM 6024 SCM Performance Metrics & Modelling 3
S-PPC 6025 Production, Planning and Control 3
S-LSCM 6026 Logistics & Supply Chain Management 3
S-IWM 6027 Inventory & Warehouse Management 3
SIP 6006 SIP 5
SSPD-II-6032 Soft Skills & personality Development-II 2
  *Electives 4
  Total Credits 32
Semester IV
Course Code Course Name Course Credits
S-TTS 6122 Traffic Theory and Simulation 4
S-TFM 6123 Traffic Flow Modelling 4
S-ASCMA 6124 Advanced SCM Analytics 3
S-GIST 6125 GIS for Transportation 3
S-LRP 6126 Logistics Resource Planning 3
S-ITS 6127 Intelligent Transport System 3
S-SCMP 6128 Supply Chain Management Project 4
- - -
  *Electives 4
  Total Credits 28

*SIP- Summer Internship Project


Track 3: Intelligent Supply Chain Management: Electives

Students need to choose any Two from the given list

Semester III
Course Code Course Name Course Credits
S-TC6028 Theory of Constraints 2
S-TQM 6029 Total Quality Management 2
S-A/SS 6030 Online Certification for SCM Analytics/ Six Sigma 2
S-ERP 6031 Online Certification for ERP 2
Semester IV
Course Code Course Name Course Credits
S-IIT 6129 Industrial Internet of Things 2
S-SC 6130 Smart Cities 2
S-ITS/LEAN 6131 Online Certification ITS / LEAN 2
S-GIS/TQM 61132 Online Certification GIS / TQM 2
Evaluation
Scheme of the Examination
  • The university follows Relative Grading System, awarding letter grades to the students.
  • Each subject will be evaluated for 100 marks, later converted into letter grades.
  • Evaluation Scheme will be announced by the respective faculty in the beginning of the semester.
Assessment/ Evaluation Breakdown for Each Course
Assessment Options
Concurrent Assessment / Assessment of Practical Skills 50 % weightage
Assessment Options:- (Formative Approach)  
Group Discussion  
Power Point Presentation  
Group Presentation  
Case Study  
Book Review  
Current Application  
Research Papers  
Research Project / Group Project  
Role Play  
Business Plan  
Term Project  
Online discussion boards / virtual learning  
Debate  
Class Interaction  
Scrap Books  
Learning Diaries  
Model Making  
Term-End Examination - (Summative Approach ) 50% weightage
Evaluation of Project Report  
The student is required to do an internship of 2 months in the industry, Observe the industry processes, attempt to study a particular domain, identify an existing problem and suggest solutions. The student will submit a dissertation after completion of the internship. They will be evaluated by expert jury panel by conduction Viva-Voce  
Tracks

*The tracks are available to be conducted only if sufficient numbers of students register for that track

Eligibility Criteria
Qualifying Examination:
Passed Bachelor Degree of minimum 3 years duration. Obtained at least 50% marks (45% marks in case of candidates belonging to reserved category as per Maharashtra state government rules) in the qualifying examination.

(DYPIU will offer suitable bridge courses such as Accountancy, Economics etc for the students coming from diverse backgrounds to prepare Level playing field and desired learning outcomes of the programme)
Selection criteria:

Students with good scores in MH-CET, PERA CET, CUET, or any other equivalent competitive exams, DYPIU Entrance Test and/or Personal Interaction

MBA in Digital Business Fees Structure
  • Tuition fee - Rs.1,35,000/- per semester.
  • Registration fee - Rs. 2,500/- per semester
  • Caution Deposit - Rs. 10,000/- (Refundable at the end of the program)

*Semester fees may change as per approval from Fee Fixation Committee

FAQ's

Digital transformation and innovation are forcing business to rapidly adapt. The specialization in Digital Business will provide students with an understanding of the key effects of technological change on business.

Students wishing to pursue careers in management in businesses that predominantly leverage the powers of digital technologies for business development and sustenance like new products or services launched by established organization or entrepreneurial start-ups, consulting, and venture capital firms enabling innovation, and general management positions in strategy, procurement, marketing, R&D, etc. will benefit from this program.

The two-year master's programme in Digital Business takes a broad approach to the digitalization that shapes society. It addresses the new challenges that digitalization poses for companies and their employees with regard to business renewal and innovation, marketing and digital services.

Students gain knowledge in how to analyze the business opportunities that digitalization offers for both new and existing companies. In addition, the programme stimulates creative thinking around digitalization, strategic change, business innovation and renewal.

The programme combines theoretical and real-world practical work, and has a multidisciplinary approach covering topics in business administration, Fintech, Marketing analytics and Supply chain Management .

Highlights of the Program
  • Multiple tracks like Fintech, Marketing Analytics and Supply Chain Management are offered addressing to the current and future needs of the industry. Student can register for any one track, in consultation with faculty advisors in the second year of the program.
  • Regional and International Immersion Program (Regional & International Study Tour)
  • Industry Visits
  • Data Science skills
  • Life Coping Skills
  • Certification Programs Focused on Employability Enhancement
  • Focus on Project based Training
  • Foreign Language Training
  • Dissertation / Industry Immersion Program

There are three specializations /tracks available
  • *Track 1: FinTech:

    Technological innovation applied to financial services has created a wave of disruptive activity that will change the shape of the global financial system over the next decade. This has created demand from graduates and employees for programmes specifically tailored to the skills required for a changing financial services industry.

    This is an interdisciplinary program that focuses on finance, data analytics and computing. It is designed to appeal to graduates seeking to gain exposure to FinTech - the technology enabled business model innovation in the financial sector.

    MBA in Financial Technology jointly provides the fundamentals of Accounting & Finance and Management Science where relevant expertise resides across all core competencies both in teaching and research. This Master’s program is for students from a variety of background who want a career in this area.

  • *Track 2: Marketing Analytics

    Digital marketing is the promotion of brands or products via one or more forms of digital media. Inventions are raised of smartphones, and other forms of new media in the past decade have meant that digital marketers need to be able to connect with consumers through various devices and digital platforms including social media.

    This course also combines the creativity of developing new and interesting ways to get the marketing campaign’s message across, with their technical side of keeping track of data, and digital engineering and analytics. The track provides students with the technical foundation and digital competency necessary to market goods and services on the internet. The students will learn how to implement, plan, analyse and evaluate digital marketing strategies.

    Students will also learn how to target customers through digital channels, they create websites that attract customers, and they optimize online business performance. This program specialization includes interactive and direct marking, digital advertising, e-business technologies, and global enterprise. Digital marketing landscape continues to grow at a rapid pace; marketers are faced with new challenges and opportunities within this digital age. This course is an initiative designed to educate students and professors in the area of Digital Marketing.

  • *Track 3: Supply Chain Management including Intelligent Transport Systems

    The intelligent transport systems market is highly competitive and moving toward a fragmented stage due to the presence of many large and small players in the market. Players in the market are focusing on technological innovation and compatibility of their products and services as well as using strategies, such as acquisitions and collaborations to strengthen their presence in the market. Some of the players in the market are Siemens AG, Thales Group, IBM Corporation, Cubic Corporation, among others.

    An MBA degree that integrates Supply Chain management with intelligent Transport system provides an innovative advantage to the pursuers, that is an unparalled advantage in a level playing field. This MBA degree combines Management, Operations, Analytics, Logistics, Business Excellence , Manufacturing , Quality Management integrated into knowledge pool.

  • *The tracks are available to be conducted only if sufficient numbers of students register for that track

The name of the Degree will be Masters of Business Administration in Digital Business (track name: Fintech, Marketing Analytics/ SCM)

The student has to decide the track only at the end of the 1st year . The exposure to the management concept and introduction to the business domain will help the students in deciding the track on the basis of their inclination and attributes.

The total intake of the program is 60 seats. Each track is allotted maximum 20 seats. However there is also an minimum criterion of seats towards a particular track. If the criterion is not fulfilled, the track may not be executed.

The students can apply through the application portal on the website .

  • Across industries, there are two kinds of organizations – Native Digital and Going Digital. The former are companies using digital technologies as part of their underlying business platforms, and hence are digitally savvy. Such companies need managers completely oriented to digital ways of operations management, customer experience management, product management, and supply-chain management. Since such companies also digitalize hiring, compensation and benefits, and appraisal processes, they require appropriately skilled managerial staff for human resources management as well.
  • The other set of organizations – Going Digital – are existing traditional companies that have either already embarked on their digitalization efforts or have them on the anvil. Such organizations look for people with skills to assess the impact of digitalization of a function or process, plan and program manage a transformation, or enable finding the benefits and values of digitalization.
  • DYPIU intention is to prepare students for critical managerial roles involving digital technologies for the development of new products and services. For instance, offering management consulting services for digital transformations, making assessments of digital capabilities as part of an investment or venture firm or to even transform their personal goals from employment to entrepreneurship.

The curriculum includes a range of learning methods including the traditional case study approach, modern methods of simulation, business models and frameworks. Technology enabled education is a prominent feature of this program

  • Graduates with minimum 50 % from a recognized University having a flair for numbers can apply.
  • Consideration will be given to SC/ST candidates and Persons with Disability .We encourage women and candidates with work experience to be a part of this course.

  • MBA Entrance Tests: CAT, XAT, MAT, NMAT by GMAC, CMAT, ATMA, GMAT & State CET tests where applicable.
  • Selected students will be called for Personal Interview

  • Tuition fee - Rs. 1,12,500/- per semester
  • Registration fee - Rs. 2,500/- per semester
  • Caution Deposit - Rs. 10,000/- (refundable at the end of the program)
Scholarship

To encourage the merit in education at DYPIU, scholarships are planned for meritorious students of MBA Program. Following are the details:

Examination MHT-CET (percentile) % Scholarship as percentage of Tuition Fees* Category
Score range for Scholarship 98 and above (included) 50% A
Between 95 (included) and 97.99 25% B
Between 90 (included) and 94.99 15% C
Between 85 (included) and 89.99 10% D

*Number of these scholarship awarded is as follows:

  • Number of scholarships in Category A : 3
  • Number of Scholarship in Category B: 5
  • Number of Scholarship in Category C: 4
  • Number of Scholarship in Category D: 4
Note
  • Special considerations can be made for Persons with Disabilities
  • Scholarships are available on a first come first serve basis.
  • The incoming student scholarships are limited to first year of program tuition fees only.
  • We will disclose the policy for awarding Scholarship to MH-CET after declaration of the result.
  • Scholarship scheme may be transferable across the seats amongst the remaining category with approval from the Vice Chancellor’s office.
  • All benefited students should pay full fees during the time of admission. However Scholarship fees will be refunded during Semester.
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