Making NMS affordable

I am glad to announce that it is very affordable to go to NMS for world class management education. We have finalized an arrangement with a financial institution that would enable our students to pay only Rs.15,000 per month for the kind of education that elsewhere would cost a whole lot. Instead of paying our regular fee of Rs.9.6 lakhs directly to the School, students can apply to this financial institution for an education loan. This company would approve the candidate for the loan which would involve
a. students making amonthly payment of only Rs.15,000 for 72 months.
b. students should show a family income of Rs.30,000 per month net
c. the collateral security for the loan is only Rs.4 lakhs
The company would then make the payment to the School directly.
Thus, with a family income of just about Rs.4 lakhs, students can now have the opportunity of getting a great management education taught by American professors. Even the IIMs charge more than Rs.10 lakhs for their MBA program. The ISB charges more than Rs.17 lakhs. Students at NMS can enjoy the same or better quality of education at a fee level that is much less than what these institutes charge.
For more details, contact the Admissions office at 91-44-4269-5714.

Admissions Office

Educational Loans from Credila

The School has finalized an agreement with Credila for educational loans for our students. Credila (www.credila.com) is a private financial institution specifically focussed on providing educational loans. The advantage of having Credila is that they will pre-qualify students for the educational loan even before the offer of admission is made to the student. So, now applicants can apply online to Credila and find out if they are eligible for an education loan; their decision time is just 7 days. Applicants need not wait till they get an admission letter from the School to apply for the loan. Education loans are available even for candidates for the Executive MBA program. Please contact the Office of Financial Assistance at the School for more details on applying for the loan.

Office of Financial Assistance

Student Housing with recreational facilities is getting ready

Student housing is getting ready near the School campus. The Housing facility is located 3.5 kms from the School campus on the same road. Each unit has three bedrooms, living and dining rooms, kitchen and fully furnished. Students can either stay in a double occupany room or opt for single occupany. Married students can also stay with the family in the facility. Recreational facilities such as swimming pool, tennis court, gymnasium with steam room, a mini theatre, outdoor amphitheatre, indoor games such as table tennis and billiards, are some of the facilities that are available. The cost to a student for housing including a meal plan is Rs.120,000 for a program year for 2009-10.

With the kind of facilities provided for students, NMS will rank among some of the top schools for infrastructure.

Office of Student Housing.

New Campus on the IT Corridor in Chennai

A new campus has been finalized on the IT Corridor in Chennai. The School is coming up in "Alpha City", a 600,000 sq.ft. complex with 3 blocks - Alpha, Beta, and Gamma. The School will initially occupy the 6 floor in the Beta block. The campus is 18 kms from Madhya Kailash intersection near Adyar on the Old Mahabalipuram Road (aka Rajiv Gandhi Salai or IT Corridor); this is a 6 lane divided toll road. The campus has Polaris as its immediate neighbor on the South, Cognizant across the road to the East, HCL a block away to the North. The Siruseri IT Park with 2000 acres full of large IT companies such as TCS, Cognizant, Hexaware is only 2 kms to the South.

Here is the link to the google maps showing the location of the school:
http://maps.google.com/maps/ms?ie=UTF8&hl=en&msa=0&msid=101628031879235589365.00046d60a640784f57734&ll=12.8433,80.225467&spn=0.00262,0.003439&t=h&z=18

The interior work in the building is underway and we hope to occupy the new campus on Sept 15, 2009. The first batch of students will start their classes on Sept 28th in this new campus. Photographs will be available on our website soon.

Educational Loan from Corporation Bank

We are glad to announce that the Corporation Bank has informed us that they will process applications for educational loans from candidates who get admitted into the National Management School. Applications for these loans will be evaluated on the merits of those applications and based on how they fulfill the criteria set out by Corporation Bank. Our website will have more details on the application process for these loans.

HDFC approves NMS for educational loans to its students

HDFC has approved the National Management School for extending educational loans to its students. Students who are admitted to NMS can apply to HDFC for educational loans and their application will be considered on its own merit. The criteria for eligibility for such loans is mentioned in our website at www.nms.edu.in



Admissions Office

Assessment Process for the first batch has commenced

We started the assessment process for the first batch of students. This involves a phone interview with the Dean of the School, Dr. Sankaran Raghunathan. The interviews were scheduled between April 15th thru 19th and the Dean spent at least 30 minutes on the phone with each of the candidates shortlisted to know more about the candidates and to understand their application profile better. Based on this, the next step in the assessment process is now set to begin on April 27. Candidates have been asked to write a note on themselves; about 5 questions have been asked of them and a detailed essay is expected. These essays will help the assessment team to know about each candidate. Candidates will go through a detailed process of assessment for about 3 hours in the forenoon session of the assessment day, followed by a thorough interview for about 30 minutes with a panel of interviewers. The whole assessment exercise is being handled by a group of senior HR leaders in the industry.

We expect to complete the assessment exercise and be able to make the offer of admission by April 30, 2009.

Admissions Office