GUWAHATI: With corporate social responsibility (CSR) being declared mandatory in companies, private firms are now planning to set up a separate CSR department, for which they will need to hire professionals. In order to address this need, CSR-Centre of Excellence (CoE) affiliated to Mysore University is going to start a full-fledged MBA course in CSR.
Mysore University is the first university in India, as well as in Southeast Asia, to start a full-time course in CSR. The total number of seats in the course is 120.
The centre has also signed a memorandum of understanding (MoU) with the Indian Institute of Corporate Affairs (IICA) and the Standing Conference of Public Enterprises for placements. Coordinator of the programme, Dipankar Mahanta, said, “Last year, CSR was declared mandatory for all companies. Under this, over 3,000 big companies and 11,000 small companies will have to set up separate CSR departments with full-fledged operations. As a result, many professionals will be required. Keeping this in mind, CSR-CoE is going to start MBA in CSR.”
He added that students will be selected on the basis of a personal interview and a group discussion. “An MBA in CSR will provide an opportunity to students to pursue a career in which they can combine social issues with business perspectives. It is also linked with industrial relations, supply chain management and brand values. This will also help students develop knowledge and skills to conduct business while keeping the benefit of people in mind,” he added.
An individual needs to be professionally trained in areas of CSR to become a CSR manager, Mahanta said. He added that CSR is now emerging as an important area of management with huge opportunities.