IIT Madras launches ‘world’s first’ MBA in Digital Maritime and Supply Chain, check course structure, application details here

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The Indian Institute of Technology (IIT) Madras has launched an MBA programme in Digital Maritime and Supply Chain. Touted as a world-first, the course is designed to meet the needs of working professionals across the globe.

IIT Madras launches 'world's first' MBA in Digital Maritime and Supply Chain. Read details here.
IIT Madras launches ‘world’s first’ MBA in Digital Maritime and Supply Chain. Read details here.

The launch event was held on the campus on June 28 in the presence of industry professionals, faculty and students, a press release issued by the institute stated.

According to the release, the new MBA course is a 24-month programme developed by the Departments of Management Studies and Ocean Engineering of IIT Madras in collaboration with industry partner i-Maritime Consultancy.

It aims to equip global professionals with the skills required to navigate the rapidly evolving digital landscape of maritime trade and supply chain management, the release said.

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Prof. V. Kamakoti, Director, IIT Madras said that the MBA in Digital Maritime and Supply Chain is an innovative program designed to enhance the expertise of professionals and entrepreneurs in dealing with the complexities of modern maritime and supply chain industries.

“Our goal is to provide participants with a comprehensive understanding of how digital technologies can optimize operations and drive strategic growth,” Professor Kamakoti said.

Prof. K. Murali, Chairman, MBA (Digital Maritime and Supply Chain) Programme, IIT Madras and Dean (Faculty), IIT Madras, said the MBA programme is designed for working professionals, seamlessly blending on-campus collaboration with the flexibility of live online classes.

“The integration of digital technologies in the maritime and supply chain industries presents significant challenges, from ensuring cybersecurity to managing data analytics and implementing blockchain,” said Professor M. Thenmozhi, Head, Department of Management Studies, IIT Madras.

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Professor M. Thenmozhi said, “The IIT Madras MBA in Digital Maritime and Supply Chain is structured to address these challenges, providing professionals with the knowledge and tools needed to mitigate risks and capitalise on opportunities in this dynamic landscape.”

Ramesh Singhal, Programme Director, MBA (Digital Maritime and Supply Chain), highlighted that this groundbreaking programme has been carefully designed to equip professionals with cutting-edge skills in digital technologies.

Eligibility:

  • Candidates with a graduation degree with at least 60% marks and a minimum of two years of full-time work experience are eligible to apply.

admission process:

  • Personal interview for selected candidates after online IIT Madras Entrance Examination.
  • Applications for the programme are open and the first batch will start in September 2024.

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Program Features:

  • Over two years, participants will engage with cutting-edge digital technologies such as IoT, AI, ML, and blockchain.
  • The course, extendable up to four years, will have a total of 192 credits with 900 hours of classroom sessions and project work.
  • Participants benefit from a rigorous curriculum, including six on-campus immersion modules, and extensive access to IIT Madras’ learning resources, including the Digital Maritime Library.
  • Blended Learning: Flexibility for professionals with a combination of online and on-campus modules.
  • Alumni Status: Graduates will receive IIT Madras alumni status and lifetime access to learning resources.
  • Innovative pedagogy: Curriculum incorporating AI, ML, IoT, and Blockchain technologies.
  • Career Support: Better employability and global job opportunities, as well as access to IIT Madras’ incubation and start-up platforms.
  • Global Networking: International networking opportunities and immersion sessions on campus.

Fees and Scholarship:

  • Rs 9,00,000, payable in instalments.
  • Scholarships up to 50% of the course fee are available.
  • The program is eligible for bank loans.

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