India’s NEWEST B-school, BEATING IIMs & ISB, and Living Up to FAMILY LEGACY | Pratham Mittal | TBWS
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- Опубліковано 24 лип 2024
- In this exciting episode, Shantanu sits down with Pratham Mittal, the young, dynamic founder of Masters' Union, a practitioner-led b-school, to have an engaging and insightful conversation about building Masters' Union and why and how it is challenging legacy institutions in India. Tune in to get a close dive into the mind of a young entrepreneur, as Pratham discusses not only the external factors but also the personal reasons responsible for his mission to revamp business education in the country.
Introduction: 00:00 - 1:35
Bringing a Future Top ten B-school to Life/ How Do Rankings Work? : 1:35 - 6:27
Bootstrapping a SAAS Business: 6:28 - 9:16
Education in India/ Conceptualizing Master’s Union: 9:16 - 15:50
Master’s Union Campus & Infrastructure: 15:51 - 23:38
Teaching Business & Creating Faculty: 23:38 - 29:13
Structuring the Curriculum 29:14 - 32:32
Consumers Want to Know the Person Behind the Brand: 32:32 - 41:00
The Masters at Master’s Union & More on the Curriculum: 41:01 - 45;33
Attracting the Best Students: 45:34 - 52:55
Economics of an education business: 52:56 - 1:01:11
What would Master’s Union be like in 5 years? 1:01:12 - 1:05:54
Keeping the Syllabus up-to-date: 1:05:55 - 1:08:10
Academia, Mentorship and Investing in Students 1:08:11 - 1:14:27
Education is a motivation problem 1:14:28 - 1:29:54
Being an Entrepreneur & Learning Business from Family 1:30:00 - 1:47:58
Living Up to Family Expectations: 1:48:00 - 1:54:45
Conclusion 1:54:46 - 1:57:17
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My name is Shantanu and I am the founder of Bombay Shaving Company and Bombae.
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Wasn't expecting Shantanu to promote this BS honestly. Complete IIPM vibes.
The amount of BS Pratham spews is unparalleled.
Unsubscribing channel. Thought this video would not be published 😳
Absolute shitshow this episode
He he . I remember that guy. "Count the chicken before they hatch" guy 😂. This guy gives the same vibe.
Hi Shantanu, as your VNIT Jr I am following you since a decade now, truly inspiring how you have built a successful brand from the scratch and now creating massive value for all budding entrepreneurs through this podcasts. I dearly loved your conversation with Suraj and others and although I never comment on anyone opinion, this episode put me slightly off. Pratham is great CEO and I truly admire his ideas and intent however as a responsible influencer, one should NOT malign the other institutes without a factcheck. Listening to this episodes gave me an impression that professors in IIMs are pure theorists, have not updated themselves to the contemporary landscapes and they provide no interaction with industries. This is SO NOT TRUE. Most of the professors sits on the board of biggest companies in India, they mentor, coach the best of the minds, they do independent research and many of the case studies (some of which also becomes bestsellers books and gets published in HBR etc), more than 100 CEOs and celebrities ranging from Bollywood, sports, NGOs, parliamentarians walking into our campuses sharing their ideas every weekend. And as far as investment and incubation is concerned there is NSRCEL etc. situated right in IIM campuses and I know many startups incubated and funded by faculties and alumni as we speak. So I feel its okay to advertise your venture, but as a responsible influencers, without unnecessarily demeaning value adding institutes in the process. Looking forward to more of your videos...
Reminds me of IIPM and the extremely flamboyant Arindham Choudhary.
The QS World University Rankings were released today for the MBA programmes. In the QS Global Full-Time MBA Rankings 2024, IIM Bangalore has improved its rank from 50th in 2023 rankings to 48th in 2024. IIM Ahmedabad and IIM Calcutta have been ranked in the 53rd and 59th ranks respectively.
Should have also mentioned his dad Ashok Mittal, Founder of LPU.
Master's Union fees for UG is 29Lakhs, and maximum package a person can get won't be more than 29 LPA and their average for MBA is 33 LPA.
Also, just one reason why private colleges to ads/ paid promotions unlike government college is very basic in nature.
Wow this should have been his introductory line. Wtf man!
"Dare to think beyond IIM " & "Learning by doing" doesn't mean the tag lines sounds similar.
New Arindam Choudhary & IIPM -2😂😂
Drop shipping, packaging/premiumisation street sale products, 😂😂😂 make them big business person. ha ha ha ha. ❤❤❤
Dr Vivek Bindra, from where he got that doctor degree? 10 days MBA.These are all scammers.
Stupid people will spend 40 Lakh, 2 years time to learn drop shipping and without earning a formal degree at the end of course.
How will he give MBA? Even IIMs were not allowed,so they were given a PGP certificate prior to the IIM act in 2017. They are talking MBA to dupe students.
@@mandimandi5098 even though his way of teaching is more practical for which 20-50k short course would be apt but charging even more than IIM's and expecting people will join.
Social media marketing is crucial, but without a strong product and a focus on hyper personalisation, success will be hard to achieve. I watch Barber shop every week but I’ve never bought (or will buy) a product of BSC.
I can't watch Shantanu now .feel like he is soft selling now in name of podcast...I was a fan though
I disagree to Parthan’s comment on Indians going abroad for better education. Half of them go coz they want to follow a trend
Being an ardent follower of your podcast due to its accomplished guests and genuine insights, This one is rather disappointing.. I personally know people who had really bad exp with Masters Union. This person just focusses on marketing than improving the program outcomes.
Truly disappointing
Tell us what's their experience with em
Hey please share the bad experience with masters union. It might help prospective applicants to decide whether to apply or not
Stop being a troll
I completely agree with this comment. I spoke with their alumni since I was applying to MBA but received negative feedback from most. The fancy things they show on their social media and website are just marketing. For example the CXO mentorship thing, many alumni's told me that they hardly do one meeting and you get nothing out of it. The amount of fees charged for their program is not justifiable at all. Better go to genuine schools like IIMs, ISB or even SP jain and FMS.
Can someone help me why Master's Union is a bad institution? A genuine question. Any links to any other video would be appreciated. Thanks in advance
You won't find any video with a bad review that is genuine. You will only find unsolicited and opinionated hate comments that have no basis. Hardly 5% of the applicants get into it and the rest 95% will start spreading envious comments.
Okay education is big investment. MU fate will be decided in next 25 to 30 years. I would give you an apt advise ..go to established and reputed institute who have stand the storms since years. MU is a child in front of them who is rn seeking attention through marketing. If they are so genuine they would have choose extensive marketing. Excessive marketing is trap. And he is taking 50 lac fees ...and you ll just get a certificate which is not govt approved. Will you give 50 lac to someone who is just giving a plain certificate.
@@ritjai5482are they giving certificate for PG in TECHNOLOGY and management course also.? 😢
Amazing podcast Shantanu sir, loved every bit of this podcast
One the best episodes ever!💯
Great points. Resonated a lot with the conversations. Especially, the validation part is so so relatable.
Why the hell arent Master's Union students running left and right promoting it themselves then? Because they got SCAMMED.
Can someone educate me about the scam here? Why is this dude getting all the hate?
Any Data points sir ?
@@rishirahul6410 Data point is my personal experience. It is a scam and if one falls in for the marketing gimmick, then not only will he waste his money but also his valuable time.
@@apurvrathore5810 do some research sir, you'll know it loud and clear
A doctor here, got 98%ile in CAT and joining MU for the PGP TBM cohort'24. It's not a place for the typical CAT aspirants who cannot think beyond IIMs.
Awesome Shantanu and Pratham!
Probably the most innovative curriculum in the country.
Can anyone tell me what spawned is?
I'm a regular Bombae customer because of Shantanu!
The way Pratham put their school's campus you can say he really soaked in New York
Do an online MBA with weekend physical events. It is very difficult to leave a job and join a B-shool for people in their 30's and 40's. A large group of these people have the money and want to upskill but can't go out of employment because they have to sustain their families.
Let me put things into some perspective. I am currently a student at MU- PGP Course and I absolutely love it. Do we have our own share of problems, well yes we do. But do we hate our institution?
Hell no, we love it to the absolute core. Name me 1 institute that gives this pragmatic education with this hands on learning. Additionally, I can vouch for these people supporting what they preach.
New age curriculum (we are learning OCEN, ONDC to name a few things from the Indian Tech stack)
Interacting with C-Suite exes and build the repo.
Understanding the Startup ecosystem by building it with the best around.
It just feels sad when these so called opinionated people express their view’s without experiencing the magic that we are building.
Hahahaha.. Minions of Masters Union have been activated. Trying to paint a glorious picture of MU. In reality it is IIPM 2.0.
hey need to ask you some questions. how can i contact you ?
ye bhi assignment mein diya tha kya karne ko?
@@kulranjanrao Just like you got the job of typing shit against it
@@kulranjanrao Random but why are you questioning every comment by an MU alum
Bhai itna revolution lana tha father ke college LPU me le aata
😅😂
Thank you Shantanu, thank you so much for this one.
Excellent episode.
I bought a BSC's trimmer to support Shantanu & offcourse I needed a new trimmer!
NIRF ranking or NACC acreedition is important ……. Or another IIPM under making???
More power to you guys. Our education system soon going be stand out for sure
Special thanks to Shantanu for bringing such insightful podcasts
😂
Gupta ji think school me ke video me bhi dekha tha aapko 😊
Finally the episode
Lets say you provide the best possible learning far better that IIM & ISB
My problem: During recruitment i am being judged on my UG college brand (PRIMARILY) and avg. work experience , which is a result of the college brand in the first place.
Therefore preventing me from getting a foot at the door, let alone testing the knowledge.
HOW DO YOU SOLVE THIS ??
You won't be judged by your UG BRAND.
Wonderful interview. Great accolades for Pratham for creating such a wonderful business model
Great podcast guys!! So much to learn from this episode. Have met pratham once, great guy!
This episode is an eye opener
One such edtech scam public should also be made aware of is an organisation called Skill Nation ( co founded by Jatan Shah, Nikhil Parmar and Hardik Raja ). Online workshops conducted by this organisation is basically 1 hour of coaching and 2 hours of watching promotions .
Each participant is trapped by paying 299 rupees and gst for a 3 hour workshop to learn excel, chatgpt etc but a participant ends up watching nearly 2 hours of advertisement.
Oh yes...I am hearing a lot about these days...scam part
kaha the itne time?
Was going through comments and one think is for sure is true that your audience doesn't expect such episode. Please avoid organisations with no proof to be on this beautiful podcast.
Love his energy man ! The kind of aura and indulging he gets from the starting is so amazing
What's that sound at @1:23:00 ?!
Inspiring as always❤
One Suggestion to Shantanu & team, add intro & ending music/theme. Something seems missing if that music is not there.
More power to you guys
No B school can teach you better than the organisation in which you are working.
B schools are there just to provide you a paper degree / certification.
Building an educational institution is not easy... And Pratham id building a innovative B school.... Very inspiring... I'm very passionate about education as a space and I look up to Pratham for inspiration. Some day I'll try to make a difference in education field as he is doing rn.
Very inspiring and insightful episode... Kudos to Shantanu for bringing such amazing guests🙌🏻
His father runs lovely professional university
so what@@purohitamitkumar
what if someone's pre mba salary/income is way more than the avg ctc of post mba of top 3 IIMs should he/she consider doing an MBA?
Only if you are not happy with your current job and want to pivot in your career..
Great conversation!
Why did this guy didn’t try to improve quality of education through his father's institute, Lovely Professional University
Coz it's not that lovely😂
Lootne ki neya dhanda he ye. Bina Jada kharcha kiye hue. Sirf marketing, marketing
Great episode 🎉
The portion 01:15:00 to 01:30:00 was worth watching multiple times.
I can tell Mr Pratham Mittal is so pationate about what he does..... Huge respect
Amazing guy :)
Just checked the QS ratings for best B schools globally and 4 Indian institutes are part of the top 100. Those being IIM A B C and ISB
Love what he is Building ; Lot more things to learn from him and his 0-1s ; people who cannot get admits are commenting BS
Masters union ka global ranking as on date?
Inspiring founder and an incredible episode! Very insightful 👏👏
Big fan of the barbershop, but this episode is just rock bottom :)
I'd like to know why?
@@sidharthkhanna8062 MU is just a marketing scam. Try to look for these so called UA-cam channels created by their students.
Genius. this guys is interesting, Pratham Mittal
Baapu ne lovely banaya.
What has "Education" come to. Hey bhagwan. Shantanu - you are way more well made that you don't need such content. I personally would appreciate "depth" from you.
Sounds pretty impressive but is anybody else getting IIPM vibes? I feel like I am watching a younger, non-ponytail version of infamous Arindam Chaudhuri.
This comment 😅..genius.
Fantastic episode. Great insights. Please bring Kunal Shah.
I really admire how intellectual and interesting this guys is❤️
The ROI Master's Union is promising looks incredibly inflated. 33.10 lakhs placement is just a shadow estimate of their PGP program. Moreover, I got into multiple top schools abroad who's ROI doesn't match this level.
Hello kinjal
@@ayushchhetry9026 Lol....Bhai kya kar Raha hain tu😅...yeh sab doglapan hain
I’m a big fav Shantanu of your work and journey, with all due respect this man is a charlatan and a snake oil salesperson
Lol he dont even have a campus, rents it and calls it going to college with your employers lmao
Totally agree
@@pakapapita3104 I’ve nothing to do with these guys but how’s a b school campus an indicator of anything?
The campuses of SP Jain, JBIMS aren’t much to talk about.
No guys, a lot of B schools which come in the top 10 global rankings don’t have their own campuses.
They rent out out a space near corporate offices because that’s what helps their students grow.
Learning directly from the “future recruiters”!
@@rishirahul6410 Even I never understood the obsession with campus. FMS doesn't even have a hostel life. N this isn's engineering where I need different labs for each subject
I am shocked that Shantanu got THIS guy on the show.
is that good or bad
Paisa Babu Bhaiya Paisa
Take a shot everytime he says wow
The comment section is exactly the reason why we fail as a society. If someone is working out there to change the archaic education system, we literally call it out as a scam instead of encouraging.
It's only cause of the insane fees
@@applepeel1662 correct the right fees for an unapproved private 3 year old university should be 10 lac only. They are charging 30 to 40 lac but. Price not justifiable..who said to call Karan johar...when there are better enterprenuers than him
Because it appears to be a scam like IIPM.
All the other Politicians are corrupt, but I am a Politician with good values and will fullfill all the needs for the society. Hence you should vote for me only.
39:13
Waoooooo...I'm a big supporter of what Pratham mentioned about the traditional educational system that needs to change as for us South Asians to progress...BRING MORE SUCH OUTCLASS MINDS ON THE PODCAST SHANTANU!!
"Dare to think beyond IIM " & "Learning by doing" doesn't mean the tag lines sounds similar.
New Arindam Choudhary & IIPM -2😂😂
Drop shipping, packaging/premiumisation street sale products, 😂😂😂 make them big business person. ha ha ha ha. ❤❤❤
Dr Vivek Bindra, from where he got that doctor degree? 10 days MBA.These are all scammers.
Stupid people will spend 40 Lakh, 2 years time to learn drop shipping and without earning a formal degree at the end of course.
How will he give MBA? Even IIMs were not allowed,so they were given a PGP certificate prior to the IIM act in 2017. They are talking MBA to dupe students.
I wanna say to everyone that doesn't compare yourself with him ( don't think that i m not doing anything and see he is the touching sky) and criticis yourself.
He already has a great background,he is the downline generation of lovely group( LLP, Lovely auto service and lovely sweets).
So there is no reason of comparison.😊
59:10 Elon musk is not very found of
MBAs
I am just in love with Pratham now. This person blew my mind.
Can someone explain the hate in the comment section?
Dude is charging 30 lakh just in tuition fees for UG program.
Total hostel+mess+misc will add up to 50 lakhs for 4 year degree from Master's Union. Turning out to be another inaccessible top private institute🤡
Bhai kuch nahi rakha jeewan mein, keep grinding for JEE, NEET,CAT,GMAT,UPSC etc etc.
Hey how much can you afford for UG?
Or do bsc fir msc fir phd all for a nominal fee
lol yes im rejecting the offer letter for ug
@@toxicjodd6351 saved yourself 20 lakhs
Kaash mera baap bhi ameer hota, toh aaj main bhi charming hota. 😊
If you really wanted to change the Indian education system, the way is not to alienate the ones that cannot afford education
All our lives, most of us have been crying for more practical and engaging route to education, and when someone is trying to build it, what’s up with the excessive hatred?
I get a healthy amount of skepticism but I think y’all are going overboard.🤔
NEED KUNAL SHAH !
It’s a 1.5 hr pitch of masters union
The podcast just took a big L with this episode. I'll have to take things on this podcast with a grain of salt now ig. Because you take your integrity with a grain of salt.
What's wrong with MU
Just want to know why we are celebrating “ raising funds” which is Udhaar ka paisa. I generally don’t see people celebrate loans in india
13:03
Shantanu be mindful of whom you are inviting. Seems like Paid marketing
I’m a student at Masters’ Union and everyone who is apprehensive about MU in the comments should try to visit the campus once and talk to the students/masters to feel the energy. I’m sure you’ll start loving it as much as we do :D
Campus? You mean a rented office space at Cyber Hub Gurugram? Dude stop mindlessly following this scammer.
hey any way i can contact you ?
you need to have one first. MBA is a professional course not a joke
Hi why you didn't make UA-cam videos. Every MU student is content creator...where is your content....kuch toh upload Karo kya learn kiya abhi tak..
'Scamming' other's would be too risky for him, as 'Lovely' brand is pasted on him. He might be following his father's LPU strategy of 'Fake it till you make it'.
Just a 1.5 hour pitch for a 20L+ scam nothing else.
Pratham is just amazing! He has a lot of clarity of not only his business but of himself as well! he will go heights!
Someone I know enrolled himself in an Applied Finance course at Masters Union. Needless to say, he lost his hard-earned money and gained zero knowledge related to finance. The only thing he got from there was a Karan Johar set experience . This is a complete sham and I am disappointed with Shantanu for bringing such con artists on the podcast.
Paiso ka khel , but then Indian students are smart in front of these money sucking businesses
38:45 what the hell?
I'm literally 21 but still plan on sending my kids to master's union someday
lmao. I feel for your to-be children.
Tab tak nai bachega ye scam
That's why you need to grow up.
Its so good to see people hate this bs
Think beyond IIMs😂😂😂
I was very much immersed with this podcast, but the moment he mentioned 'Lovely', the aura is gone. Why didn't he study at LPU, if it's projected as one of India's best universities? It discredits his narration for a product(MU) he won't use, but trying to sell to others.
Fully paid advertisement by Master's Union. The podcast took to the sky before and hit Rock bottom with this one. Absolute BS with IIPM vibes.
😂
Sahi bol rahe...ajkal har jagah Master Union ke ad aa rahe hain
Bogus tagline and really disappointed in context of people and discussions that have taken place in here
Arindam Chaudhuri 2.0
Dare to think beyond IIMs? 😂😂😂
Oh God why
Brother why are u looking so thin?? If this is due to fitness then its grt
The guest looks pretty shady to me. Is he the next Arindam Chaudhuri?
College founders have to come out and speak about them instead of their alumni proving it in the market, is BS!
MASTER UNION= IIPM 2.0
It took me more than 40 mins ti realise its a paid promotion.
BTW 19:30 pratmesh leaked his own trick.
Like that day5/7/9 years down tbe line when the jig is up,
MU= IIPM 3.0
What's 2.0
@@tarunrao8660This podcast
So disappointing to see this BS being promoted on such a credible platform. Why??
Shantanu needed new car ...let's assume that
Another IIPM in making. Big let down Shantanu
Qiyya banane ka school h
IIPM ka naam suna hai 😂😂