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Welingkar Institute of Management Development and Research (Welingkar Mumbai): Highlights, Courses and Fees, Eligibility, Admission, Placements, Ranking

According to the Outlook Magazine Business School Ranking 2022 for Private Affiliated Colleges, Welingkar Mumbai is ranked number one. The college was founded in 1977 under the auspices of the SP Mandali Trust and is an independent institution connected to the University of Mumbai. It has also received NBA accreditation and AICTE approval. Welingkar Institute of Management offers full-time, part-time, executive, and distant learning programs in management and other streams through its campuses in Mumbai and Bangalore. The Welingkar Institute of Management Development and Research, commonly known as Welingkar Mumbai, is a renowned business school located in Mumbai, India. Established in 1977, it is one of the prominent institutions for management education in the country. The institute is known for its innovative approach to management education, strong industry connections, and emphasis on experiential learning.

Welingkar Mumbai has a rich history that spans several decades. Here are some key milestones. in year 1977 The institute was founded by the Shikshana Prasaraka Mandali (SPM), a prominent educational trust in Maharashtra. Its aim was to provide high-quality management education that was in sync with the evolving industry landscape.

In 1993, The institute received recognition from the University of Mumbai, which granted it autonomous status to design its curriculum and teaching methodologies. This autonomy allowed Welingkar to adapt quickly to changing industry demands and emerging business trends.

In 2008, Welingkar Mumbai introduced the unique concept of a two-year full-time PGDM (Post Graduate Diploma in Management) E-Business program. This program focused on the integration of technology and business, recognizing the growing importance of digitalization.

In 2011, The institute launched the ‘Design Thinking’ program, becoming one of the pioneers in introducing design principles and innovation thinking into the management curriculum. This initiative highlighted Welingkar’s commitment to fostering creative problem-solving skills among its students.

In 2012, Welingkar Mumbai introduced the ‘Business Design’ program, further emphasizing its commitment to innovation, entrepreneurship, and design-oriented thinking in the business context.

In 2015, the institute revamped its curriculum to include a ‘WeSchool Innovation Sandbox‘ component. This initiative encouraged students to work on real-world projects in collaboration with industry partners, providing them with practical exposure and experience.

In the year 2020, Welingkar Mumbai continued to evolve its programs and teaching methodologies to adapt to the challenges posed by the COVID-19 pandemic. The institute embraced online learning and virtual interactions to ensure a seamless educational experience for its students.

Over the years, Welingkar Mumbai has established itself as a forward-thinking business school that not only imparts traditional management knowledge but also emphasizes the importance of innovation, design thinking, and technology in the business world. Its strong industry connections, experiential learning opportunities, and commitment to producing well-rounded and industry-ready graduates have contributed to its reputation as a leading institution in the field of management education. Welingkar Mumbai is ranked sixth in Mumbai and 73rd overall on the National Institutional and Framework (NIRF) list of the top 100 Best Management Institutes for 2023. The college maintains connections with a number of foreign universities, including Audencia Nantes in France, the University of Haifa in Israel, the Ben-Gurian University of the Negev, Tel Aviv University, IDC Herzliya in Israel, the Copenhagen Business School in Denmark, the Otto Fredrich Universitat in Bamberg in Germany, the IESEG School of Management in France, and Curtin University in Australia, among Others.

Table of Contents

Highlights

PARTICULARSSTATISTICS
Establishment year | Ownership type1977 | Autonomous Institute
Campus size3.90 acre
Top accreditationsNBA
Recognised byAICTE
Rankings 202373 by NIRF (Management)
Flagship coursePGDM

Course & Eligibility

Welingkar Mumbai Courses

CourseCourse Eligibility
MMSGraduation in any discipline with at least 50% overall or equivalent.
Duration: 2 years
Admission Criteria: CAT/MAT/CMAT/ GMAT/ATMA/ XAT/MAH-MBA/MMS CET score +PI
Seat Intake: 120
PGDMA minimum of 50% in graduation recognized by the University/Institute duly completed by June 2023.
Duration: 2 years
Admission Criteria: CAT 2022/ XAT 2023/ ATMA / CMAT 2023/ GMAT (2020 onwards)+GD+PI
Total intake:
PGDM: 180
PGDM Business Design: 60
PGDM E-Business: 120
PGDM Research & Business Analytics: 120
PGDM Healthcare Management: 60
PGDM Retail Management: 60
PGDM Rural Management: 60
PGDM Media & Entertainment: 60
PGPMinimum bachelor’s degree from a recognised university/ Candidate should own a business or should be an active member of the family business
Duration: 11 Months
Specialization: Entrepreneurship, Media & Entertainment
Admission Criteria: CAT/XAT/ ATMA/CMAT/ GMA+GA+PI
Ph.D. Management StudiesCandidates should possess a master’s Degree with 55% marks Or Should possess M.Phil with at least 55% marks in aggregate or its equivalent grade ‘B’ in the UGC 7-point scale
Duration: Min.3 years
Admission Criteria: Ph.D. Entrance Test (PET)

Fees

Welingkar Mumbai PGDM Fee

COURSEFEESELIGIBILITY
PGDM₹6.5 Lakhs (1st Year Fees)Graduation with 50%
M.M.S₹3.4 Lakhs (1st Year Fees)Graduation
Executive Programme₹7 Lakhs (Total Fees)Graduation
PG Diploma₹6.5 Lakhs (1st Year Fees)Graduation with 50%
PG Program₹18,880 (Total Fees)Graduation
PGDM₹1.01 Lakhs (Total Fees)Graduation
PG₹1.01 Lakhs (Total Fees)Graduation
Welingkar Mumbai PGDM Fee

WeSchool’s program fees and other expenses for the flagship PGDM program are lower than those of several top MBA schools. The cost of the PGDM program is as follows:

Fee ComponentMumbai Campus Fee INRBengaluru Campus Fee INR
Tuition Fee (2 Years)13,00,00013,00,000
Library Deposit4,000 (Refundable)4,000 (Refundable)
Hostel Fee1,50,000 to 1,70,000 for per year (hostel is based on availability)
Deposit5,000 (Refundable)5,000 (Refundable)

Welingkar Online Fees & Eligibility

COURSEFEES
Certification₹11,800 (Total Fees)
PG Program₹18,880 (Total Fees)
PGDM₹53,500 (1st Year Fees)
PGDM₹53,500 (1st Year Fees)
Welingkar Online Fees & Eligibility

Admission

The Prin. L. N. Welingkar Institute of Management Development & Research at S. P. Mandali, better known as WeSchool, is part of the prominent S. P. Mandali, Pune. It is the sixth educational institute from Mumbai to rank 68th among the top 100 Best Management Institutes in the Ministry of Human Resource Development’s 2022 National Institutional Ranking Framework (NIRF) ranking.

WeSchool Mumbai is currently taking applications for PGDM admission in seven distinct fields. The CAT/ XAT/ ATMA/ CMAT/ GMAT and GD&PI are used to determine admission to the PGDM program. The entrance exam scorecard received 35% weightage out of 100% in the final selection process for admission to the PGDM program. A Bachelor’s degree with a minimum of 50% marks is also required for admission to the PGDM program. Over the last few years, PGDM has experienced a significant increase in placements. WeSchool in Mumbai also provides MMS, Ph.D., Executive, and part-time PG programs. All of the courses offered by WeSchool Mumbai are AICTE-accredited. The entrance exams for the following degrees are MAH-MBA/ MMS CET/ CAT/ XAT/ ATMA/ CMAT/ GMAT and Ph.D. Entrance Test (PET). However, the institute now permits individuals to apply without having taken the CMAT exam and would accept CAT, XAT, ATMA, and GMAT grades. Candidates for Welingkar Mumbai admission 2023 are chosen based on predetermined cut-off criteria and through an entrance examination.

Application Form

Candidates need to fill out the online application form available on the official Welingkar Mumbai website. The form requires personal details, academic information, work experience (if applicable), and other relevant information.

Entrance Test Scores

Depending on the program, candidates might need to submit their scores from national-level management entrance tests such as CAT (Common Admission Test), XAT (Xavier Aptitude Test), CMAT (Common Management Admission Test), or MH-CET (Maharashtra Common Entrance Test). These scores are used to shortlist candidates for further rounds.

Shortlisting

Based on the application and entrance test scores, the institute shortlists candidates for the next stage, which could be a Group Discussion (GD), Written Ability Test (WAT), and/or Personal Interview (PI). Shortlisted candidates are typically notified via email or the official website.

Group Discussion and Written Ability Test

Shortlisted candidates participate in group discussions and written ability tests, where their communication skills, analytical thinking, and ability to express ideas effectively are assessed.

Personal Interview

Candidates who perform well in the group discussion and written ability test are invited for a personal interview. This interview assesses their suitability for the chosen program, as well as their overall personality, motivation, and aspirations.

Work Experience and Academic Performance

The candidate’s academic performance and any relevant work experience are also considered during the selection process. Work experience is particularly valued for certain specialized programs.

Final Selection

The final selection of candidates is based on their performance in all the evaluation components – entrance test scores, group discussion, written ability test, personal interview, work experience, and academic record.

Offer of Admission

Candidates who are selected receive an offer of admission from Welingkar Mumbai. This offer typically includes details about the program, fees, and other relevant information.

Acceptance and Fee Payment

Upon receiving the admission offer, candidates need to accept the offer by paying the requisite admission fees within the stipulated time. This confirms their seat in the program.

Program Commencement

Once the acceptance process is completed, candidates join the program at the designated commencement date.

How to apply

  • Candidates must register, create an account, and verify their registered email address.
  • Candidates must purchase an application form online for INR 3000/-.
  • After you pay the application cost, you will receive the Application Form number by email to your registered email address.
  • Save the form number and include it in all future discussions with the institute.

Documents Required

  • DTE’s Internet Copy of the Allotment Letter
  • Receipt for Seat Acceptance Fee
  • Written Identity Test Card
  • XAT/ATMA/ CMAT/CAT/MAT/GMAT/MH-CET Final Score Card
  • General Declaration, Anti-Ragging Affidavit from Parent and Student
  • H.S.C. or Equivalent Mark-list
  • Degree Mark-lists for all semesters/Graduate Certificate (Issued by the University)
  • Gap Certificate in required format (Affidavit on Rs.100/- stamp paper) *
  • Municipal Corporation issues birth certificates
  • Caste Certificate (For Candidates from the Reserved Categories) *
  • Validity of Caste (For Candidates from the Reserved Categories) *
  • Non-Creamy Layer Certificate is valid until March 31, 2021.
  • Tahasildar awarded income certificates for NT, SC, VJ, DT, ST, OBC, SBC, SEBC, EWS, and EBC students for the fiscal year 2019-20.
  • Migration Certificate (for individuals who graduated from a university other than the University of Mumbai)

Intake Capacity of PGDM Course

SpecialisationsSeat Intake
PGDM General180
E-Business120
Business Design60
Research & Business Analytics120
Healthcare60
Media & Entertainment60
Rural Management60
Retail Management60
Intake Capacity of PGDM Course

Cut-Off

Welingkar Mumbai Cutoff 2023 

Welingkar Mumbai’s MHT CET 2023 Round 1 cut-off is 99.92 percentile for the All India Category and 99.49 percentile for the Maharashtra state general category. The following is the MHT CET 2023 All India Cut-off and Rank.

MMS ExamAll India Cut-Off All India Rank
MHT CET (Round 1)99.92136
Welingkar Mumbai Cutoff 2023 

Welingkar Mumbai PGDM Cut-off 2023

Program CAT 2022/ XAT 2023/ GMAT (2020 onwards) percentileATMA 2023/ CMAT 2023 Percentile
PGDM, E-Business, Research & Business Analytics8085
PGDM Media, PGDM Retail, and Entertainment, and PGDM Business Design 7580
PGDM -Healthcare Management70 percentile across entrance tests, irrespective of any graduate degree background.
PGDM – Rural Management
Welingkar Mumbai PGDM Cut-off 2023

Ranking

The college has received rankings in the Management stream throughout the past few years. According to ARIIA 2020, S. P. Mandali’s WeSchool is one of the top 50 colleges in the category of Private/Self-Financed Institutes. WeSchool received a five-star rating from the Ministry of Education, Government of India, for the academic year 2019–2020, while the IIC 3.0 received a four-star rating from the Ministry of Education Innovation Cell for the academic year 2020–21.

Welingkar Mumbai Ranking

Ranking BodyRanking ParameterRanking
NIRF 2023Management73
IIRF Ranking 2023Private Colleges54
Business Today Ranking 2023B-Schools39
Outlook 2021Private MBA B School21
The Week 2020Private MBA43
Business Today 2020Private MBA B School19
ARIIA 2020Private MBA B SchoolUnder 50
Welingkar Mumbai Ranking

NIRF

According to NIRF 2023, Welingkar Mumbai is rated 73rd in the Management category. The table below shows Welingkar Mumbai’s NIRF 2023 category-specific scores.

ParametersScores
Teaching Learning and Resources (TLR)70.64
Research and Professional Practice (RPC)11.65
Graduation Outcomes (GO)80.76
Outreach and Inclusivity (OI)65.16
Peer Perception (PP)8.49
Overall Score48.21

IIRF

According to the IIRF Rankings 2023, Welingkar Mumbai is rated 54th among private colleges. The total score obtained is 695.72. The scores achieved in various parameters are represented in the table below.

ParametersScore
Placement Performance (PP)102.85
Teaching Learning & Pedagogy (TLRP)88.71
Research (RS)98.57
Industry Income & Integration (III)113.99
Placement Strategies & Support (PSS)80
Future Orientation (FO)107.49
External Perception & International Outlook (EPIO)101.14
Overall Index Score695.72 (Out of 1000)
IIRF

Placement

The hiring process for Welingkar Mumbai’s 2021–23 positions has begun. The highest wage, which climbed by roughly 22% from the prior year, was INR 24 LPA. The average pay was 12.30 LPA or INR. Participants in the placement drive included recruiters from Adani Wilmar Ltd., Amazon, Accenture Technology Ltd., Cognizant Technology Solutions, Capgemini, CBRE, Citi, Deloitte USI, Darashaw, Deutsche Bank, EY, and HDFC Bank, among others.

Programs Batch-2021-23 HighestBatch: 2021-23 AverageBatch-2020-22 HighestBatch-2020-22  Average 
PGDMINR 24 lakhs p.a.INR 12.49 lakhs p.a.INR 15.42lakhs p.a.INR 10.44 lakhs p.a.
PGDM e-BusinessINR 17.85 lakhs p.a.INR 11.89 lakhs p.a.INR 18 lakhs p.a.INR 10.60 lakhs p.a.
PGDM-Business DesignINR 22 lakhs p.a.INR 12.08 lakhs p.a.INR 15.42 lakhs p.a.INR 10.01 lakhs p.a.
PGDM Research & Business AnalyticsINR 22 lakhs p.a.INR 12.61 lakhs p.a.INR 15.42 lakhs p.a.INR 9.84 lakhs p.a.
PGDM-Healthcare ManagementINR18 lakhs p.a.INR 12.05 lakhs p.a.INR 18 lakhs p.a.INR 9.89 lakhs p.a.
PGDM-Media & entertainmentINR 22 lakhs p.a.INR 12.81 lakhs p.a.INR 12.41 lakhs p.a.INR 9.08 lakhs p.a.
PGDM-Rural ManagementINR 24 lakhs p.a.INR 12.04 lakhs p.a.INR 16.69 lakhs p.a.INR 10.28 lakhs p.a.
PGDM-Retail ManagementINR 18 lakhs p.a.INR 11.69 lakhs p.a.INR 17.5 lakhs p.a.INR 9.62 lakhs p.a.
Placement

Scholarship

The doctor: Sun Jewels Scholarship for PGDM Business Design – The scholarship supports bright students from disadvantaged backgrounds or households with just one parent who are unable to afford the PGDM Program’s tuition costs. Additionally, the chosen student must successfully complete WeSchool’s ongoing assessment criteria. For opting to pursue a PGDM in Business Design, this initiative will pay for one full-tuition scholarship.
Professor Rinti Banerjee Healthcare Management Scholarship for PGDM -One woman student of the PGDM Healthcare program with an MBBS background will have 50% of her tuition covered by this award. In order to encourage female MBBS students to pursue management training in healthcare, the scholarship was established in 2022.

Faculty

Welingkar’s faculty members. Welingkar Mumbai’s faculty is highly qualified and experienced. The faculty’s main members are.

Group Director : Prof. Dr. Uday Salunkhe

PGDMDean AcademicsProf. Swapna Pradhan
PGDM e businessAssistant Professor & Program Incharge- E Biz.Prof. Sandeep Kelkar
PGDM Business DesignDean – Business Design, Innowe, NISP, RedXProf. Kaustubh Dhargalkar
PGDM Research & Business AnalyticsAssociate Dean – Operations and Program In-charge-Research & Business AnalyticsProf. Kavita kalyandurgmath
PGDM-Healthcare
Associate Professor and Program In-charge – Healthcare Management
Dr. Anjali Kumar
PGDM-Media & EntertainmentAssociate Professor Media & EntertainmentDr. Aparna Khare
PGDM-RuralAssociate Professor-Rural ManagementDr. Rachana Patil
PGDM-RetailDean academicsProf. Swapna Pradhan

What programs does Welingkar Mumbai offer?

The institute offers various management programs including PGDM, specialized PGDM programs, executive programs, and doctoral programs in management.

Is Welingkar Mumbai affiliated to a university?

Yes, Welingkar Mumbai is affiliated to the University of Mumbai and has been granted autonomous status, enabling it to design its curriculum.

What is the application process for admissions?

Candidates need to fill out an online application form on the official website, submit relevant entrance test scores (if required), and participate in group discussions, written ability tests, and personal interviews as part of the selection process.

What entrance tests are accepted for admission?

The institute accepts scores from national-level entrance tests like CAT, XAT, CMAT, and MH-CET for various programs.

What is the importance of group discussions and personal interviews?

Group discussions and personal interviews assess candidates’ communication skills, problem-solving abilities, and suitability for the chosen program.

Is work experience necessary for admission?

Work experience might be beneficial for certain programs, but it’s not always mandatory. It can add value to your application, especially for specialized courses.

Does Welingkar Mumbai offer scholarships?

Yes, the institute provides scholarships based on various criteria such as academic excellence, diversity, and financial need.