Masters Union
Gurugram, Haryana
A Grade by NAAC
- Undergraduate Programs (UG): Applications for Round 3 are open until May 14, 2025. Programs include BMS/B.Com in Technology & Business Management, Psychology & Marketing, and B.Tech in Data Science & AI. The application fee is ₹3,500.
- Postgraduate Programs (PG):
- PGP in Technology and Business Management (PGP-TBM): Round 3 applications are open until May 10, 2025. The program commences in June 2025.
- PGP Rise (General Management): Applications closed on April 30, 2025.
About Masters Union
Founded: 2020
Founder: Pratham Mittal
Type: Private, co-educational business school
Location: DLF Cyberpark, Phase II, Udyog Vihar, Sector 20, Gurugram, Haryana, India
University Status: Masters’ Union is a private business school and does not hold official university status under Indian law.
Mission: To revolutionize business education by combining academic rigor with real-world experience, enabling students to learn business by doing business.
Vision: To be a world-class, technology-focused business school that creates contemporary leaders in business and technology.
Accreditations & Rankings
Accreditations
EFMD Membership: Masters’ Union is a member of the European Foundation for Management Development (EFMD), the body that grants the prestigious EQUIS accreditation.
AACSB Membership: The institution is also a member of the Association to Advance Collegiate Schools of Business (AACSB), a global accreditation body for business schools.
AMBA Network: Masters’ Union is in the process of becoming a member of the Association of MBAs (AMBA) network.
AICTE/UGC Recognition: Masters’ Union does not currently have recognition from the All India Council for Technical Education (AICTE) or the University Grants Commission (UGC), as it follows an international accreditation model.
Rankings
Collegedunia 2025: Ranked #36 out of 370 MBA colleges in India.
IIRF 2023: Ranked #51 out of 110 among top private management colleges in India.
Placement Overview : Masters Union
| Metric | Statistics |
|---|---|
| Total Recruiters | 148 |
| Total Students | 157 |
| Students Placed | 148 (9 in active process) |
| Highest CTC | ₹61.80 LPA |
| Average CTC | ₹28.52 LPA |
| Median CTC | ₹27.66 LPA |
| Top 25% Average CTC | ₹43.79 LPA |
| Middle 80% Average CTC | ₹27.05 LPA |
| Below 25% Average CTC | ₹19.30 LPA |
| International Placements | 2 (Dubai and remote US roles) |
| Full-time Founders | 30 |
| Students Joined Family Business | 3 |
| Others (Higher Studies, Opt-outs) | 9 |
Masters Union University Campus Life
Courses Offered: Masters Union
Undergraduate Programs
| Program Name | Duration | Eligibility Criteria |
|---|---|---|
| UG Programme in Technology & Business Management | 4 years | Completion of Class 12 (any stream) with a minimum of 60% marks in both 10th and 12th grades. Year of Class 12 graduation must be 2023 or later. |
| UG Programme in Data Science & AI | 4 years | Completion of Class 12 (any stream) with a minimum of 60% marks in both 10th and 12th grades. Year of Class 12 graduation must be 2023 or later. |
| UG Programme in Psychology & Marketing | 4 years | Completion of Class 12 (any stream) with a minimum of 60% marks in both 10th and 12th grades. Year of Class 12 graduation must be 2023 or later. |
Postgraduate Programs
| Program Name | Duration | Eligibility |
|---|---|---|
| PGP in Technology and Business Management (PGP TBM) | 16 months | Professionals with 2–5 years of work experience |
| PGP in Technology and Business Management – Young Leaders Cohort (YLC) | 24 months | Fresh graduates or professionals with up to 1 year of experience |
| PGP in Family Business Legacy Management | 12 months | Next-gen leaders of family businesses |
| PGP Rise (Executive Programme) | 12 months | Mid-career professionals with 5+ years of experience |
Fee Structure: Masters Union
| Program Name | Duration | Annual Fee (₹) | Total Fee (₹) | Admission Fee (₹) | Eligibility |
|---|---|---|---|---|---|
| UG Program (Technology & Business Management) | 4 years | ₹9,25,500 (Year 1) | ₹43,68,000 | ₹1,50,000 | 10+2 + SAT/CUET |
| PGP TBM (Technology & Business Management) | 16 months | ₹28,48,160 | ₹29,38,160 | ₹50,000–₹90,000 (varies by admission round) | Graduation + CAT |
| PGP Rise (General Management) | 1 year | ₹21,12,200 | ₹23,24,600 | ₹82,600 | Graduation + Interview |
| PGPM (Family Business & Entrepreneurship) | 1 year | ₹29,38,160 | ₹29,38,160 | ₹50,000–₹90,000 (varies by admission round) | Bachelor’s Degree + Interview |
| Executive PGP Rise | 1 year | ₹23,24,600 | ₹23,24,600 | ₹82,600 | Graduation + Interview |
| Applied Finance (KPMG) | 6 months | – | ₹2,90,000 + GST | ₹25,000 + GST | – |
| Product Management Bootcamp | 6 months | – | ₹4,15,000 + GST | ₹25,000 + GST | – |
Hostel Charges: Masters Union
| Accommodation Type | Monthly Fee (INR) | Security Deposit (Refundable) | Total Fee (16 months) | Distance from Campus | Room Features |
|---|---|---|---|---|---|
| Single Sharing | ₹43,500 | ₹75,000 | ₹7,44,000 | 5 km | Balcony, 120 sq. ft. room, 33 sq. ft. washroom |
| Twin Sharing | ₹24,500 | ₹75,000 | ₹3,92,000 | 5 km | 80 sq. ft. room, 25 sq. ft. washroom |
Scholarship Opportunities : Masters Union
1. Merit-Based Scholarships
Eligibility: Students scoring above 35 out of 45 in the Masters’ Union Scholarship Aptitude Test (MUSAT) or presenting strong performance in standardized tests like JEE, IPMAT, SAT, or CUET.
Award: Scholarships ranging from 10% to 25% of the tuition fee, applicable across all four years of study.
Renewal Criteria: Maintaining good academic standing and adherence to institutional policies.
Note: Scholarships are not applicable to the Illinois Tech fee for students enrolled in the 3+1 Dual Degree UG Programme.
2. Full Scholarships
Availability: Masters’ Union has announced 10 full scholarships covering 100% of the tuition fee for its flagship undergraduate programme.
Objective: To bridge the gap between talent and financial constraints, ensuring access to top-tier education for deserving students.
3. Named Scholarships
Masters’ Union offers several named scholarships to promote diversity and support students from various backgrounds:
Karthik Ramanna Merit-Based Scholarship: For students with exceptional academic achievements.
Malavika R Harita Scholarship for Women: Aimed at empowering women in business and technology.
Mukund Rajan India-Bound Scholarship: For students committed to contributing to India’s development.
Narendra Jadhav Diversity Scholarship: Supporting students from marginalized and underserved communities, including those from the Northeast, Ladakh, Nepal, Bhutan, and tribal regions.
MU Scholarship for Young Leaders: Recognizing leadership potential in young aspirants.
Admission Process: Masters Union
Step 1: Complete the Online Application
Platform: Submit your application through the official UG admissions portal:
Documents Required:
Academic transcripts (Class 10 and 12).
Standardized test scores (e.g., CUET, SAT, JEE, IPMAT, or MUSAT).
Extracurricular achievements and leadership experiences.
Personal statement or essays (if applicable).
Application Fee: INR 500/- (non-refundable).
Step 2: Take the Online Aptitude Test
Format: A 2-hour online test assessing:
Data analysis.
Numerical ability.
Logical reasoning.
Alternative: You may submit SAT scores in lieu of the aptitude test.
Purpose: To evaluate your analytical and problem-solving skills.
Step 3: Participate in the In-Person Business Simulation & Interview
Business Simulation:
Role-play as a CXO.
Collaborate in teams of 5–6 applicants.
Solve real-world business challenges.
Duration: Approximately 45 minutes for the simulation, followed by a 15-minute group presentation.
Personal Interview:
Conducted by senior faculty or leadership.
Focus on your application, motivations, and aspirations.
Duration: Approximately 30 minutes.
Preparation: A case study will be provided 3–4 days prior to the simulation for preparation .
Step 4: Await the Final Admission Decision
Timeline: Admission decisions are typically communicated within 30–45 days post-interview .
Notification: Results will be sent via email.
FAQs
Q. What is the application process for undergraduate programmes at Masters’ Union?
A: Steps including application process are:
Step 1: Complete the online application form on the official admissions portal.
Step 2: Submit standardized test scores (e.g., CUET, SAT, JEE, IPMAT) or take the Masters’ Union Scholarship Aptitude Test (MUSAT).
Step 3: Participate in an in-person business simulation and interview.
Step 4: Await the final admission decision, typically communicated within 30–45 days post-interview.
Q. Is there a minimum CUET score required for admission?
A: Masters’ Union does not specify a fixed CUET cutoff. Admissions are based on a holistic evaluation, considering various factors beyond CUET scores.
Q. Can I apply without a tech background?
A: Yes, applicants from non-tech backgrounds are welcome. The programme is designed to be inclusive and caters to diverse academic backgrounds.
Q. What is the fee structure for undergraduate programmes?
A: The fee structure varies based on the chosen track:
India Track: 3 years at Masters’ Union in India, followed by 1-year industry immersion in India.
Global Track: 3 years at Masters’ Union, followed by 1-year at Illinois Institute of Technology, Chicago.
Q.Are there scholarship opportunities available?
A: Yes, Masters’ Union offers merit-based and need-based scholarships, including:
Merit-Based Scholarships: For students with exceptional academic achievements.
Full Scholarships: Covering 100% of the tuition fee.
Named Scholarships: Such as the Karthik Ramanna Merit-Based Scholarship and the Malavika R Harita Scholarship for Women.
Q. Is hostel accommodation available?
A:Yes, hostel facilities are available with the following options:
- Twin Sharing: ₹24,500 per month.
Single Sharing: ₹43,500 per month.