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Lawrence Technological University (Michigan) and PIBM (Pune)

Joint Degree Program (Global MBA)

Mulshi, Paud, Pune and Southfield, Michigan

https://www.pibm.in/global-joint-degree-dual-program/admissions-2023.aspx
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  • Overview
  • Intakes
  • Courses
  • Cost to Study
  • Admissions
  • Placements
  • Gallery
  • FAQs

Intakes

PIBM offers two intakes for the Global Joint Degree Program, providing flexibility for international students. To secure a place, students are encouraged to complete their applications on time.

The course is offered in August and February.

Cost to Study

The Global Joint Degree Program by PIBM, in collaboration with Lawrence Technological University, USA, follows a two-part fee structure. The first-year fee is paid in INR at PIBM, while the second-year fee is paid in USD at LTU.  International students are required to pay a registration fee, followed by tuition fees applicable for both years.
 

The overall fee structure covers tuition fees, International Studies Fees, and Student Health Insurance. This transparent and PIBM's Global Joint Degree Program fees structured payment plan makes it easier for international students to plan their finances for a high-quality global education experience.

Types of Expenses Annual Expenses in INR
Annual PG Tuition fee₹15,00,000
Hostel Fees at PIBM ₹2,00,000
Housing Expeses₹6,51,320
Food Expenses₹4,07,296
PIBM - Security Deposit₹10,000
Health Insurance (LTU)₹2,39,586

Note: The tuition fees mentioned are approximate and may vary. It is recommended to check the university’s official website for the most up-to-date fee structure.

Admission Requirement

The admission process for PIBM’s Global MBA program is streamlined to ensure ease and flexibility for applicants. Students are required to meet minimum English Proficiency standards and submit a Statement of Purpose (250–500 words), two Letters of Recommendation, a resume/CV, and personal statements. This process is designed to evaluate both academic readiness and personal motivation. Indian students can refer to the detailed admission requirements here.

Applicants need to hold a Bachelor’s degree with a minimum GPA of 3.0 on a 4.0 scale, equivalent to at least 60% in the final year.

GRE/GMAT is not required

✅ TOEFL iBT – A minimum score of 80 is required
✅ IELTS – An overall band score of 6.5 is required
✅ PTE – An overall score of 58 is accepted
✅ DET – A minimum overall score of 95 is required

Note: Admission requirements may vary, it is advisable to check the official university website for the most up-to-date and specific eligibility criteria.

Placement Overview

As part of the Global MBA curriculum, students gain practical exposure through CPT (Curricular Practical Training) and OPT (Optional Practical Training) programs in the USA. These training opportunities are similar to global internships and help students build real-world skills for international business careers. CPT can be undertaken for 6–12 months, as required by the program, and OPT is a 12-month period of practical training, which can be extended up to 3 years for STEM related programs. However, full-time CPT beyond 12 months may affect OPT eligibility.
 

As part of the Global MBA program, students participate in 15 to 30 days of live projects, working on job-based practical assignments offered by various organizations. Moreover, students receive extensive placement support, including training for Group Discussions (GDs) and Personal Interviews (PIs) through mock sessions conducted in collaboration with industry professionals and prospective employers. 

Top Recruiters

Jobs after Graduating from Lawrence Technological University (Michigan) and PIBM (Pune)

Job Profiles Average Salary in US$
Mechanical Engineer, Software Developer$70,000 – $90,000
Automotive Engineer, Data Analyst$68,000 – $85,000
Embedded Systems Engineer, QA Engineer$70,000 – $88,000
Design Engineer, Process Engineer$65,000 – $82,000
Electrical Engineer, Systems Engineer$72,000 – $90,000
Manufacturing Engineer, R&D Engineer+AH8$65,000 – $80,000
Automation Engineer, Software Engineer$75,000 – $95,000
Software Developer, Data Scientist$100,000 – $130,000
Business Analyst, Software Developer$65,000 – $85,000
Electrical Engineer, Project Manager$70,000 – $92,000

Note: - These figures are indicative and may vary as per the industry norms.

Student Essential Services

The PIBM Global MBA Joint Degree Program offers students a unique international learning experience across two dynamic campuses, the Pune Institute of Business Management in India and Lawrence Technological University in the USA. Students benefit from modern academic facilities, student engagement and activities, global peer interactions, and a strong support network. The program promotes academic excellence, cultural diversity, and a smooth transition between both countries.
 

At PIBM, students gain valuable industry exposure through regular corporate events and activities. Business leaders and industry experts frequently visit the campus for panel discussions, workshops, and leadership talks. These events give students practical insights and allow them to interact directly with senior professionals.

Once at Lawrence Technological University, students become part of a vibrant and inclusive campus community. LTU hosts over 30 athletic teams and supports more than 700 student-athletes from various academic backgrounds. Students can join multiple clubs based on their interests, whether in academics, arts, innovation, or sports.

Students receive continuous academic and personal support at both PIBM and LTU. Services include academic mentoring, career counseling, and resume-building assistance. Both campuses also offer wellness programs, counselling services, and safe residential options. 

FAQs

Students can apply to the program by paying an application fee of ₹1,000 at the time of submission. Once an admission offer is issued, a registration fee of ₹1,00,000 must be paid within seven days to confirm enrollment. The first-year tuition fee, including the registration fee, is ₹14,00,000, and the hostel fee is ₹2,00,000; both are payable at the time of joining, with limited flexibility. The second-year tuition fee of ₹15,00,000 must be settled before students travel to the USA for the program.

The university typically provides a decision within 30 days of receiving a complete application.

Yes, PIBMS provides full assistance to students with the I-20 and visa application process, including all necessary guidance and services required for study in the USA.

Yes, the MBA – Global program is officially STEM-designated, making it eligible for extended work opportunities in the USA.  

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