Q: When will I go to International Business University, Canada?

International Business University offers 3 intakes for students coming through the accelerator route. The first intake of the year will be the April intake and the second and third intake of the year will be September & December . Though the application process for International Business University will start during the GGU online program, you will be able to go to International Business University in the nearest intake which is at least 3 months away from completion of your GGU program.

Question 1

What is the scope of the MBA in Technology, Innovation and Entrepreneurship program?

Accepted Answer

The MBA in Technology, Innovation and Entrepreneurship is an engaging yet rigorous course split into 2 parts - 7.5 months online course (with Golden Gate University) and 16-months on-campus program (International Business University, Canada) designed for students to develop practical knowledge and skills, establish a professional network, and accelerate entry into the field of Entrepreneurship, Social Enterprise, Business Planning and Financial Management. The student as part of this program will receive dual certification - Professional Certificate Management in Global Business Management from GGU and a MBA degree in Technology, Innovation and Entrepreneurship from International Business University.

Question 2

What should I expect from an MBA in Technology, Innovation and Entrepreneurship?

Accepted Answer

The MBA in Technology, Innovation and Entrepreneurship program equips students with the skills needed to meet the high demand in the field of Business. The curriculum focuses on essential areas such as Macroeconomics, Financial Management, Communications, and provides hands-on experience through real-world projects. With diverse programming options, students can tailor their studies to align with their interests and career goals. Additionally, the program facilitates the development of a strong professional network, allowing students to connect with industry leaders. Graduates of the program can pursue rewarding careers as Management Consultant, Financial Analyst, Operations Manager, Marketing Manager & HR Directors. Upon program completion, students also have the opportunity to apply for PGWP in Canada, and receive support from International Business University Career Services to kickstart their careers in Canada.

Question 3

Which topics are going to be covered as part of the online coursework?

Accepted Answer

The program will be delivered on a new technology platform to create a superior learning experience for participants who want to be on the cutting edge of the management. With this program, Golden Gate University, U.S.A. & International Business University, Canada together seek to develop the next generation of leaders. The topics that are going to be covered are Fundamentals of Business, Management and Leadership, Marketing Management, Foundations of Business Analytics, Corporate Finance and much more.

Question 4

What type of learning experience should I expect from the online coursework?

Accepted Answer

The online learning experience will be a mix of interactive lectures from industry leaders and faculty. Additionally, the program comprises live lectures dedicated to solving your academic queries and reinforcing learning. The on-campus learning experience will offer students the opportunity to engage directly with faculty.

Question 5

Is any certification granted at the end of the program?

Accepted Answer

Post successful completion of the online program, Professional Certificate Management in Global Business Management would be awarded from GGU and on completion of the on-campus degree program, a Master's degree in MBA in Technology, Innovation and Entrepreneurship shall be conferred upon by International Business University, Canada.

Question 6

Can I sign up only for a few specific modules if I am interested in it?

Accepted Answer

No, the program is designed to be completed in its entirety, and cannot be taken as standalone modules.

Question 7

Why should you pursue an MBA in Technology, Innovation and Entrepreneurship from International Business University, Canada?

Accepted Answer

IBU is on the forefront of meeting employer demands, molding adaptable, sustainability-savvy, and innovative future leaders.
The Centre for Sustainable Business, designed to groom tomorrow's leaders, offers an immersive learning experience by engaging diverse stakeholders, forging unique connections with academic and business luminaries.
Embrace a holistic learning journey with activities spanning Entrepreneurship, Social Enterprise, Responsible Business, Technological Innovation, Digital Transformation, Sustainability Management, ESG Investing, and UN Sustainable Development Goals.
Immerse yourself in a rich tapestry of cross-cultural knowledge and perspectives, invaluable for navigating the dynamic global business landscape.
Explore ethics and corporate responsibility within real-world scenarios like negotiations, strategy, and marketing through IBU's Regulatory Environments, Ethics, and CSR course.
Prepare for the future of business leadership with IBU's Information Technology and Digital Transformation course, emphasizing the pivotal role of technology and innovation.
Customize your MBA experience with a range of capstone options aligned with your career aspirations, guided by faculty and external experts for hands-on business and entrepreneurship learning.
IBU's courses seamlessly blend theory and practical management skills, staying at the cutting edge of industry tools, knowledge, and methods through strong industry connections.
Enroll and enjoy a complimentary associate membership with CIM | Chartered Managers Canada, granting immediate access to an array of membership benefits.
Fulfill academic requirements equivalent to the Chartered Management Program (CMP) framework, opening doors to Certified in Management and Chartered Manager designations upon program completion.

Question 8

Can international students work to pay for their educational expenses?

Accepted Answer

International students on a Canadian student visa have the opportunity to engage in part-time employment for a maximum of 20 hours per week during academic terms and 40 hours/week during their term breaks. The compensation against part-time employment will be governed by the Federal labor laws on minimum wages. Such an employment is contingent to the success of a job search and may not be perceived as entitlement to a fixed opportunity.

Question 9

Will I be supported for TOEFL/IELTS/PTE or other English language exams during this program?

Accepted Answer

Yes, upGrad will help you prepare for the English proficiency test to establish your current English proficiency to be eligible for the Master's program in Canada.

Question 10

When will I go to International Business University, Canada?

Accepted Answer

International Business University offers 3 intakes for students coming through the accelerator route. The first intake of the year will be the April intake and the second and third intake of the year will be September & December. Though the application process for International Business University will start during the GGU online program, you will be able to go to International Business University in the nearest intake which is at least 3 months away from completion of your GGU program.

Question 11

When will I get an Offer Letter from International Business University?

Accepted Answer

upGrad will apply for you to International Business University once all the documents are provided by you (as given in the offer letter issued to you by upGrad). Apart from the documents mentioned in the offer letter of International Business University you will have to give proof of English proficiency for application of admission in International Business University. upGrad will support you to get your English proficiency scores within 3 months of the start of the batch to accelerate this process.

Question 12

How can I determine if this program aligns with my goals and aspirations?

Accepted Answer

This program is well-suited for:

Those with a strong academic foundation, offering a valuable edge in the MBA in Technology, Innovation, and Entrepreneurship program.
Individuals aspiring to excel in roles such as Financial Analysts, Operations Managers, Marketing Managers, and HR Directors.
The MBA in Technology, Innovation, and Entrepreneurship program fosters hands-on learning, enabling participants to cultivate their distinctive leadership approach, spearhead innovation, steer organizational change, and attain exceptional outcomes.

Question 13

Is there any minimum educational qualification required to take this program?

Accepted Answer

To be eligible for the program, the following criteria need to be fulfilled:
For GGU

Bachelor’s Degree in B.Com/BBA with minimum 55% marks or above.
In case of other degrees, you will be required to complete two bridging courses at the IBU Campus in Canada i.e Quantitative Methods for Business and Introduction to Business.

For International Business University

An aggregate score of 55% and above in the Professional Certificate Management in Global Business Management from GGU with a minimum of 55% in each course.
English Proficiency Requirements are TOEFL >= 83 (20) or IELTS score >= 6.0 with no band lower than 6 or PTE>= 60 or Duolingo >= 105.

Question 14

Is work experience required for this course?

Accepted Answer

A relevant professional work experience is recommended but not mandatory.

Question 15

What is the selection process for this program?

Accepted Answer

There are 3 simple steps in the Admission Process which is detailed as:
STEP 1 - Application and Document Submission - Apply on upGrad.com and submit your documents.
STEP 2 - Shortlisting basis overall performance - Our admissions committee will review your profile. Upon qualifying, an offer letter will be sent to you.
STEP 3 - Enrollment for Access to Prep Content - Make a quick block payment of INR 25,000 to reserve your seat and receive immediate access to the prep content and begin your upGrad journey. Complete balance payment with assistance from our loan partners where required.

Question 16

What are the documents needed for the application?

Accepted Answer

A scanned copy of your Class 12th Transcript.
Scanned copies of your Undergraduate Degree, Transcripts, and Semester Marksheets.
Scanned copies of your passport.
Statement of Purpose.
Two letters of recommendation (one academic and one professional).
Resume.
Proof of English Proficiency (TOEFL iBT, IELTS, PTE, etc.).

Question 17

Will upGrad help me in writing Academic and Visa SOP?

Accepted Answer

Yes, upGrad will help with your Academic and Visa SOP and will also organize training on how to write a good SOP.

Question 18

How much are living expenses for a year in Canada?

Accepted Answer

Living expenses in Canada for international students are approximately CAD 20,635 per annum. The same needs to be reflected in your bank account.

Question 19

What is the time commitment expected for the program?

Accepted Answer

At least 12-15 hours per week of time commitment is expected to be able to graduate from the program.

Question 20

How will my doubts/questions be addressed in an online program?

Accepted Answer

Peer-to-peer discussion forum where you can post your queries and your peers/faculty/teaching assistants answer your queries within a day. Regular Q&A sessions with faculty to get clarification on conceptual doubts.

Question 21

No cost CC EMI FAQ's

Accepted Answer

0% EMI with Third Party Credit Facilitators /Credit card option availability will vary program wise.

1. Which banks allow using 0% Credit card EMI or Credit card EMI?
No cost EMI is available on credit cards from all major banks (American Express, Bank of Baroda, HDFC Bank, ICICI Bank, IndusInd Bank, Kotak Mahindra Bank, RBL Bank, Standard Chartered, Axis Bank, Yes Bank, State Bank of India, CITIBANK and HSBC)

2. Is there any minimum transaction limit ?
Yes. 50000 is the minimum.

3. Standard Chartered Bank offers 18 or 24 months No Cost EMI ?
No. ONLY 12 months is available irrespective of the Program enrolled.

4. Will I have to pay any extra amount for EMI transaction?
If you are availing 0% credit card EMI, upGrad will not charge any processing fees or down payment for these transactions. Your bank may levy GST or other taxes on the interest component of the EMI.

5. Are there any fees or down payment?
Certain banks charge nominal processing fees between INR 99 - 500 on 0% Credit Card EMI transaction. If charged, will be billed in the first repayment installment.

6. Can I use my International credit card for 0% credit EMI or Credit Card EMI?
Only the Indian bank credit cards can be used. But you can pay the amount using the Credit card option in one shot / part payments, and later you can convert into EMI from your respective bank. The tenures and interest charged will depend on your bank. upGrad will not charge any processing fees or down payment for these transactions, this will be purely between you and your bank.

7. Are there any charges in case I opt for cancellation/refund from the course after paying balance with no cost EMI ?
Yes, there will be additional charges to the extent of interest paid by the upGrad to the bank, you will be refunded only Principal amount, i.e. the amount actually deducted/blocked from your card. This deduction will be in addition to the amount mentioned in the refund policy shared with your offer letter.

8. Can I Pay Using Multiple Credit Cards ?
Multiple cards can be used to complete the payments using Part payment option make sure to inform the learner, minimum transaction is INR 50000 to opt for 0% CC EMI E.g. Amount to be paid: 150000. I can pay using 2 Credit cards. Yes, Example :
HDFC Card – Part payment – INR 100000
ICICI Card – Part payment – INR 50000

9. How can I opt for Credit card EMI if my bank is not listed in the 0% Credit card EMI or Credit card EMI?
You can pay the amount using the Credit card option in one shot / part payments, and later you can convert into EMI from your respective bank. The tenures and interest charged will depend on your bank. upGrad will not charge any processing fees or down payment for these transactions.

10. Why is the entire amount blocked on my credit card?
Initially your bank will block the entire amount from your available purchase limit and from your next billing cycle, you will be charged the EMI amount. As you start paying your EMI, your credit limit will be released accordingly. For example, if you have made a payment of ₹100000 on 6-months EMI and your credit limit is ₹200,000 then initially your bank will block your credit limit by ₹100000. After payment of your first month EMI of Rs.15000, the blocked amount will come down to ₹85000.

11. Why is interest getting charged on No Cost EMI?
Your bank will charge you interest. However, this interest charge has been provided to you as an upfront discount at the time of your payment, effectively giving you the benefit of a No cost EMI. The total amount paid during the entire EMI tenure to the bank will be equal to the amount to be paid to upGrad.

Eg. Amount payable to upGrad: INR 405000
Let's say Amount deducted at the time of transaction: INR 379850 (Principal amount) Bank charges interest of 12-15% per annum on INR 379850
[Note: Interest factor is reducing rate and not Flat rate]
EMI AMOUNT = INR 33750 x 12 = INR 405000
Effectively, you have taken loan on 379,850 instead of 405,000

Question 22

Is there any deferral or refund policy for this program?

Accepted Answer

Refund Policy:
1. Students must pay an applicable Caution Amount for the enrollment to the Program. This Caution Amount will be adjustable against the total Program fee payable by the student.
2. Once the student has made a partial or full payment of Program fee, such student can claim a refund for this amount at any time before the cohort commencement date by raising a refund request through ‘My applications’ page on our website (www.upgrad.com), stating the specific reason for the refund. The refund shall be subject to a deduction of INR. 20,000/- towards processing fee. If less than INR. 20,000/- have been paid in total, students shall not be eligible for any refund in such a case.
3. Students shall not be eligible for a refund (under any circumstances) if the refund request is raised postprogram/Batch Start Date. In such a case, the student will continue to pay the EMI of his loan (if applicable), as the loan cannot be canceled. This is also applicable to students who could not complete their payment and could not get enrolled in their opted cohort. However, the student can request a PreProgram deferral as per the policy defined below for the same.
4. Studentshall not be eligible for refund of any amount paid towards the Program in case any discrepancy is identified between your application and self-attested documents including but not limited to wrong details about your grades or any other incorrect information provided in your application.
5. In case of a valid refund request post obtaining the loan from a third party credit facility provider, we would like to clarify that the responsibility of canceling the loan will lie with the student as upGrad is not privy to such arrangements between the student and the third party credit facility provider.
6. If students do not provide documents as per the timeline mentioned in the offer letter, they will be deferred to the next batch but they will not be eligible for any refunds.

Deferral Policy: (Pre- Program Commencement)
1. If a Learner, due to unavoidable circumstances is unable to commence with the cohort and requests for a deferral before the Cohort Commencement Date, Learner will have an option to defer to another batch.
2. However, the learner will be required to pay 50% of the Total Program Fee amount (inclusive of taxes) before the deferral can be approved. Till this condition is complied with, the Learner will be assumed to be continuing in the same cohort.
3. A Learner can request for deferral only once and to either of the scheduled cohorts to start in the next 1 year from the batch start date of the initial batch the Learner enrolled for.
4. The Learner has time till the current Cohort Commencement Date to make the payment of the 50% of the Total Program Fee, post which the deferral request will expire. Once the deferral window expires and the Learner asks for a refund after the Cohort Commencement Date, the above-mentioned applicable refund policy will apply.
5. The fee applicable to the deferred Learner will be as per prevailing Total Program Fee for the batch Learner as opted to defer to (No additional deferral fee is required to be paid).

Deferral Policy: (Post Program Commencement)
1. If a learner is facing severe issues in dedicating time to the course, Learner will have an option to defer to another batch.A Learner can request for deferral only once and to either of the scheduled cohorts to start in the next 1 year from the Cohort Commencement Date of the initial batch the Learner enrolled for.
2. The Learner will be required to pay a deferral fee of 5% of the Total Program Fee (inclusive of taxes) if any along with the differential program fees between the two cohorts.
3. The deferral request will be approved once the deferral fee is paid.
4. Till this condition is complied, the Learner will be assumed to be continuing in the same cohort.
5. The Learner has 7 days (including holidays and weekends) from the date of deferral request to make the payment of the deferral fee, post which the deferral request will expire, and the learner will continue as part of the current cohort.
6. If the Learner completes the deferral payment, the Learner’s login will be disabled, The Learner will leave the deferred cohort and the Learner will start learning on the new cohort from the point of the last assignment that was graded in the deferred cohort. All grades and progress till that point will be carried forward as it is to the new cohort.
7. The deferral can only be requested during the batch for which the Learner has enrolled is ongoing. Once the batch has been completed, deferral requests shall not be entertained. For clarification, the batch completion here shall mean the “last grace deadline” as communicated by upGrad. Case Deferral fee Before Program Commencement 50% program fee (including taxes) to be paid upfront- no additional deferral fee to be paid Post Program Commencement (0-7 days after program start date) 5% of the program fee (including taxes) to be paid within 7 days as deferral fee Post Program Commencement (8 days after program start date) Will have to continue as a part of the current cohort.

Case	Deferral fee
Before Program Commencement	50% program fee (including taxes) to be paid upfront- no additional deferral fee to be paid
Post Program Commencement (0-7 days after program start date)	5% of the program fee (including taxes) to be paid within 7 days as deferral fee
Post Program Commencement (8 days after program start date)	Will have to continue as a part of the current cohort

MBA in Technology, Innovation and Entrepreneurship

Introduction to IBU- MBA in TIE

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