MMBA, A Specialized MBA for the Media Industry

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A career in Media and Entertainment is indeed very promising. Want to know why?

  • Over the next five years, the industry is poised to grow at an average annual growth rate of 11-12%​
  • By 2022, total employment across the industry is expected to be 6-6.5 million from the estimated 3.5-4 million in 2017.

With ​myriad emerging options​ and career tracks​ to choose from; like ​Over The Top (OTT), ​Print Media,​ Out of Home (OOH), Animation, VFX, Film Business, Music Industry, TV Broadcasting,​ Publishing, Online Media and other electronic media – the Media ​+​ ​Entertainment domain is a multitude of opportunities for professionals ​and potential aspirants.

What some of the industry professionals have to say about how a specialized MBA in Media and Entertainment, makes all the difference!

Shobu Yarlagadda, Producer of Bahubali:
The industry is evolving rapidly, the way we produce films and the way we manage and market films is changing very fast. And there is a need for people with good management skills, good strategy and good communication skills. Students with an MMBA background will be an ideal choice for a production office like ours.

Akkineni Nagarjuna, Film star:
Entertainment business management in India has been unorganized for the most part. As the business is growing more and more diverse; studios, production companies and media companies are experiencing a serious skill gap. This results in the increase in demand for trained professionals. To meet this demand, a MMBA program, a unique inter-disciplinary program, spanning across both business and media is the solution. MMBA graduates master the conventional business subjects as well as media and entertainment subjects, a winning combo, which makes them, survive and succeed in the fast growing media industry.

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Jeffery Hardy, Founder of Film Profit, Hollywood:
I think business side of the business is obviously what I focus my life on. The business side of business is what makes everything run well. You can’t just think about only the creative side. You have to do good production, you have to have them well managed, you have to do good distribution, you have to look for every opportunity in the market place, you have to manage it well, manage relationships with distributors, exhibitors, with everyone.

More people need to focus on it because we need people who can run good productions, who can run good distribution companies and really understand this business, not just from a creative point-of-view or personal desire point-of-view, but from a business point-of-view; only they will make the business work well.

Kandaswamy Bharathan, Producer of Roja:
The Indian film, media and entertainment industry has witnessed remarkable transformation in the last 5 years. This industry has been growing at a compound annual growth rate of 12% per annum as compared to India’s national GDP growth of about 7.5 % per annum. What this means is that there is a huge demand for trained creative technical and management professionals in this fast growing industry.

Smitha Sasidaran, Programming Head, Fever 94.3 FM:
The entertainment industry is really vast, be it radio, music, film, fine arts; so I think there is a great opportunity for everyone in this field. To sell creativity, now you have convergents of different media. Selling creativity is the biggest challenge and if it is academically taught, then the industry is more than happy to welcome them.

Understanding who are your stakeholders and consumers is very important; if you don’t understand that, then you are missing out on many opportunities. So, a specialized academic program is definitely helpful.

Kishore Kedari, Business Development, International Distribution, Arka Media Works:
MBA schools prepare the students in understanding the business, process as well as the organization structure of the industry. We need a specialization to an extent where we are offering courses exclusive to each and every aspect of film production. MMBA is not only going to give a broader prospective of the production, but also the business aspects related to the media and entertainment.

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Top Reasons to Apply:

  • Pursue a unique course that will fast-track you into the film, TV and other emerging+allied creative industries.
  • Practice and undertake production inside a Live studio environment in the heart of Hyderabad.
  • Produce a ‘Graduate Film’ and gain complete work experience (internship project) at a major media firm.
  • Study the course that is designed and delivered by top industry experts from Indian and global industries.
  • Participate in a series of Film Markets, Film Festivals, Industry Conferences, Master Classes and Guest Lectures.
  • ​Partner with business leaders, experts and entrepreneurs providing an endless pool of potential associates/producers and employers.
  • Profit from the MoU between AISFM & JNTU-Hyderabad, a first of its kind University and Industry Collaborative Program, leading to our certified professional post-graduate degree, MMBA.

Want to know more about our unique MMBA course in detail, watch our MMBA FB Panel Discussion: https://goo.gl/pUQrhc

Want a quick overview of what MMBA is, watch this MMBA Video: https://www.youtube.com/watch?v=rfmbBWQyLbY

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Brief Profile of the author: MNVVK Chaitanya
In his current role, MNVVK Chaitanya provisions academic advisory by means of curriculum design, development and delivery for the MMBA course. In addition to undertaking teaching, industry interface and project supervision; all aimed at creating an India based research plus teaching agenda in media & entertainment business and management areas.
In the immediate past, at KSK Energy Group, he conceptualized and implemented twenty different OD, talent management, leadership, employee engagement and policy designinterventions. ​

Source Credits: According to the report published by the Boston Consulting Group (BCG) titled ‘Media & Entertainment: The Nucleus of India’s Creative Economy—Unleashing the Talent Tsunami to Drive Growth.’

AISFM Students Explore TV Production House

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Apart from classroom learning, enriching field trips contribute to the exposure of students to the real world and the industry.

Our MMBA 3rd Semester students visited TV 5 office, along with MMBA Faculty MNVVK Chaitanya recently and gained valuable insights. Summarizing the experience, faculty Chaitanya said, “The session started with orientation about the organisational structure (TV5 group), departmental functioning/affairs and their description, details about equipment (cameras and lighting setups, in addition to chroma keying, functioning of PCR and MCR, interface between marketing and editorial teams, interfaces between input and output desks, importance of select HR policies and procedures (related to TV production), comparison between national TV networks and regional TV networks, select programming/content strategies for USA markets and branding partnerships that TV5 had entered into. There was an entire tour of all departments across all floors, ending with a Q&A session/doubt clarifications.”

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Students cherished this visit to a working TV Production house and felt it was the important facets of their learning during the semester. Sanjeev Nair felt that it helped him internalize the theory taught to him so far in news production; Sanskrity Patra said she gained insights into the actual industry dynamics and increased her adaptability skills, to specifically tune to the industry requirements.

Chaitanya opined that this sort of an industry integration and industry interface opens up new vistas and horizons in the broader areas of curriculum development and academic readiness to launch new modules in news production/broadcasting, in addition to knowing the skill gaps from industry practitioners.

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Dinesh Akula, Editor, TV 5, and a visiting faculty to AISFM said that it was a positive and significant learning experience for students. Elaborating about the session he said, “TV production, broadcast rules and theory, audience meter and analytics related to BARC and ratings, how to produce news/TV programmes from scratch to going on air, media business and production business, industry career and in-depth analysis with students on what they have in mind and how can they be placed. We also took a studio tour learning how it all works online/offline from the conception of an idea to telecast.”

Mr. Akula also felt students of AISFM were enthusiastic, eager to learn and very articulate in expressing their thoughts, hence gained a lot of insights during this visit.

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AISFM Business Administration Faculty Wins Award

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Our MMBA faculty MNVVK Chaitanya has won the ‘Best Twitterati and LinkedIn Connect Award’ (individual category) given by Awarding ​B​ody ASMA (Adoption of Social Media in Academia), which aims to recognize and promote the outstanding contribution of individual and academic institutions involved in innovative and unique practices of adopting social media in academic development and enriching learning and pedagogical experience through honor and awards.

Chaitanya has 14 years of experience in the field of learning and development, academics, media education, policy research and management education.

Speaking to us about winning the award and his journey with AISFM, Chaitanya shared his thoughts as below.

How does it feel to win this award? Your first thoughts when you came to know that you won this award?
There are few professors and digital marketing experts that have won the award in this function, and many other academicians and experts that haven’t. You just do the best you can and personally I feel lucky enough to get it.

More than the award, what I liked more was the fact that all the flag bearers of the field of academia, research, policy making (AICTE, AIU etc.) and industry came under one roof and shared their ideas about tools and techniques of social media that will usher educational institutes towards the direction of chasing excellence in social media strategy and execution. I was informed by the awarding body that the selection process was indeed rigorous and comprehensive, wherein the audit team found my candidature to be apt. It seems I scored very high in select parameters related to postings, likes and updates, specifically on LinkedIn platform.

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Your thoughts on the ‘adoption of social media in academia’; its relevance and its setbacks, if any?
As has come out very clearly in each of the four different technical sessions in ASMA, ‘social media in academia’ is no longer a choice. Indeed it is an imperative. For a vertical like media education, which is constantly ever-changing, characterized by myriad technological and business innovations and ever increased pace of internalization, leveraging the tools and techniques of social/digital media is the only way forward. I am of the strong opinion that for tasks like sourcing great guest faculty speakers, increasing industry interface, showcasing the success stories of students, reaching out for academic advisory (more so in international subjects like international co-productions and transmedia story telling and etc), social media paves the way, in a very cost efficient manner and mode. No one can doubt the increased effectiveness also (in addition to the great efficiency).

How do you plan to take this a step further in the teaching level?
I am learning a lot by reading relevant literature and books in this area. As a constant and ever curious learner, I plan to integrate social media tools and techniques like LinkedIn polls, Linkedin Groups etc. for efficient teaching delivery methods and usage in MMBA programme’s thesis projects.

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How has your teaching experience here at AISFM helped you in your career and in winning this award?
AISFM happened to me in 2012 as a lucky accident, wherein and whereby, I managed to make a seamless and smooth transition from the ‘non-happening world of economics/general management’ to the ‘very happening’ world of  film and media education. I have been learning a lot from faculty peer groups and ‘ART’sy students in the creative programmes like BFA and MA (film making, animation etc.). As they say in creative businesses, this overnight success (bagging this award) happened over a period of five long years 🙂 The five year stint here has made me appreciate the importance of creative thinking, power of ingenuity and very importantly, the art of marrying arts with commerce, more so, in media education (theory and practice).

Vividh Ashok: “Never underestimate the power of Marketing”

There are two things in life: Something you are good at and something you want to do. Finding the perfect union between the two is what is going to take you further in life. Read on to know what else our MMBA student, Vividh Ashok had to say about his internship at Annapurna Studios for the film Soggade Chinni Nayana.

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Q: How was your experience working as an intern?

A: Since I am in my senior year of the MMBA program, I am supposed to do an internship, as a part of my program. I first thought about doing an internship at an ad agency, but then I got to know about an internship opportunity at Annapurna Studios, through the college. It was an opportunity to work in the marketing team of Nagarjuna sir’s movie Soggade Chinni Nayana, and I didn’t want to let this slip away. After joining, I realized that this job was going to be much more than just the simple nuances of marketing. They called it Marketing Publicity. My job was directed more towards coming up with ideas and co-ordination. I was also part of the team that handled the front-stage co-ordination at the film’s audio launch event. It was very nice for me to see how a live event occurs. I was also handling the ‘Making’ and ‘Promo’ videos for the film.

Q: What was the most memorable part of the internship?

A: Meetings! Imagine sitting across the table from the Executive Producer of the film, along with the likes of Gemini TV, Radio City, along with Nagarjuna sir! You don’t get an opportunity like this often. I never spoke during these meetings, but sitting in that room and listening to the ideas they came up with was the best experience for me. Also, the fact that I was given a walkie-talkie and I could call people up and give them instructions was an added bonus! The way the studio worked and functioned was amazing to experience. I will never forget that.

Q: What do you take back from this experience?

A: The one thing I’ve realized, and the one thing I tell everybody is that everyone must work in a studio at least once in their life! You can always come up with your indi-films anytime in your life, but when you work for a studio, you get to know that there are a lot of people involved in the movie making process. Unless you actually get into this, you will not be able to see how it functions. One instance was how our director was there from start to finish. He could’ve easily gone back after production was done, but he didn’t. He was a part of marketing, he was making sure everything was functioning well. Even Nag sir for that matter. Being an actor, he could’ve easily avoided being involved in these matters, but he chose not to. Being in the marketing team, opened my eyes in terms of where I can see myself in the future. This has been the biggest learning curve for me. What I had learned theoretically turned out to be so much different compared to what I experienced.

Q: Did something fun happen on set that you will carry forward with you in the future?

A: Oh yes! Gemini TV had a competition during the audio launch for the general public. The contest was done and the names and numbers of the winners were handed over to me. It was my job to call them up and inform them that they won. Now, out of fifty odd people, ten responded. Even after the event so many of the people kept calling. That was funny! Also, meeting Nag sir on a daily basis was amazing. Getting ASPL’s tea and meals is also something I will never forget (laughs).

Q: How was your experience here, at AISFM? What advice would you like to give to your juniors?

A: Oh it was brilliant! I had heard of Annapurna Studios, while doing my Media studies in Bangalore, but had no knowledge that they were coming up with a film school or an MMBA course for that matter. I was in a class of two, so I loved the personal attention given to me, with a deep level of interaction. The way they teach here is so good, and its the reason why we didn’t leave despite the small number of students. Now, me being on the verge of completing my course, I can say that it (MMBA) is the best mix one can get of management and creativity! The one thing I would like to say to my juniors is – Keep working. It doesn’t matter whether you are in production, direction, marketing or even in the camera department. Make sure you add as much experience as you possibly can in the years you spend here. College classes are important, but you need to do something beyond your classroom. Also, work for a studio at least once in your life!

Q: Where do you see yourself, in say the next five years?

A: There are several things that I want to do. In five years, I would like to see myself being the head of my media department. I know it sounds very generic, but that’s the least I would like myself to become. To be honest, I would want to work for Teach for India, do something that makes me happy. Also, I want to produce an independent film.

Road to redemption

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Life’s great lessons are learnt from children; their innocence, ability to see the truth through various circumstances and an unassuming nature.

Exploring unconditional love is the film, Barefoot to Goa. Two children set out on a long journey from Mumbai to Goa, to meet their ailing grandmother. The meditative storytelling lets you soak in the innocent, so beautifully portrayed by the child actors.

The journey they undertake, without adult supervision, is what forms the crux of the story. And what makes the film extra special is the fact that the MMBA students from AISFM have been part of the movie. They took on marketing and promotion, and needless to say, came up with great strategies and ideas.

The movie hit screens this past Friday. And if it’s running in a theater near you, you absolutely have to go catch it. Watch the trailer of Barefoot to Goa.

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