Guidelines – 2020

for full -time MBA program with SNU -

MBA Sabbatical Program

HCL Technologies Ltd. 2019. All rights reserved.

No part of the document may be copied, reproduced, stored in any retrieval system, or transmitted in
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Guideline Details

Objective

Enabling employees to expand their knowledge and imbibe new skills by providing a platform through HCL- SNU MBA
Sabbatical program.

Scope & Eligibility

This Policy is applicable to all permanent employees (“Employees”) of HCL Technologies Ltd including its subsidiaries
(“HCL”) in E1.1 to E2.2bands, who have completed a minimum of 2 years with HCL from Date of joining, and have a
pass percent at 60% for overall educational till graduation, based in India with rating as Distinguished Performance’,
‘Exceptional Performance’ and ‘Good performance’ in last annual appraisal cycle (only if annual aligned).

Program Details

• Employees fulfilling the above eligibility criteria and qualifying the selection process as mentioned below can
enroll for full-time MBA program from Shiv Nadar University (“SNU”)
• The employment with HCL on a leave without pays basis will continue during their study period with medical
coverage in line with the medical policy of the company at that time.
o Post successful completion of the MBA program from SNU the following joining criteria will be followed:
- At the time of completion of the course, employees at E1.1/E1.2 band will be given opportunity to apply
for SMT roles at E1.2 band (maximum three opportunities). If an employee clears the interview process,
he/she will rejoin at standard SMT level. If the employee fails to clear the process after 3 attempts, he/she
will still be considered a part of MBA cohort and will be eligible to apply for focused Internal Job Postings
rolled out regularly by Cadre Program Office with no change in band and compensation.
• At the time of completion of MBA, employees who are already at/above E2.1 band will be eligible to apply for
Key Strategic Roles designed specifically for MBA cohort with no change in band and compensation
• In addition to the chosen primary specialization, students are encouraged to build their knowledge and skills by
choosing two additional elective courses for an Advanced “deep dive” Specialization in their primary area. Such
an additional specialization would require courses from specific course clusters offered by the relevant SME
department. Examples are “Cyber Security”, “IOT”, “Lead like an Entrepreneur”; “Quantitative Finance”, E-
commerce and Digital Marketing, Data Science and Analytics; Performance Management and Behavioral
Assessment; and Environmental Management and Enterprise Sustainability

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 o Global Immersion Program (Optional) Candidates can choose to avail this wonderful optional, but
recommended program component for the following attractions:
▪ Gain international exposure
▪ Get exclusive opportunity to learn from international faculty and guest speakers
▪ Gain an understanding of the culture
▪ Become global leaders of tomorrow
▪ Enjoy the London campus of Warwick Business School
▪ Experience London as the home to one of the major global financial hubs and a bustling metropolis
• For details on MBA program content – refer www.snu.edu.in

Selection Criteria

• Employee to self-nominate during the stipulated time window for the program by expressing interest and filling
Statement of Purpose form
• Employees will be selected based on their passing the different selection filters as follows:

Step 1: Evaluation of candidate’s “Statement of Purpose”

Step 2: List of eligible candidates’ post clearing Step 1 will be provided to SNU by HCL
Step 3: Candidates can apply for admission based on the scores in one of these tests CAT 2018,19 /
NMAT 2018,19/ XAT 2019, 20 / CMAT 2019, 20 or a valid GMAT score from 2016 onwards. SNU would
administer a written test* of 2h 15m duration on verbal, mathematical, analytical/logical reasoning and
writing abilities as following:
Sl. No. Section Number of Questions Time

1 Verbal Ability 20

2 Mathematical Ability 20 90 minutes

3 Analytical/Logical 20

Reasoning
4 Writing Ability Test One short essay on a given 45 minutes
topic

The written test will be conducted at HCL at Shiv Nadar University/ HCL Campus for all Noida employees and
at HCL Facilities for Chennai, Hyderabad and Bangalore. Based on the interest of candidates, more cities may
be added later.
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 Step 4: Applicants shortlisted from Step 3 will move to personal interview round. PI will be conducted by joint
panel of HCL & SNU.
Final selection of employees for program will be a joint decision of this committee comprising of HCLT and SNU
members.
The Selected employee will be on Leave without Pay for the Study period of 2 years and will be marked as
“Not Rated” in system for this period.

Merit Based Scholarships (By Shiv Nadar University)

Scholarship Elite Advanced Prime Select

percentage 80% of 60% of 40% of 20% of
tuition fee tuition fee tuition fee tuition fee

CAT/XAT 95+ 90 - 94.99 85 - 89.99 80 - 84.99

NMAT 98+ 95 - 97.99 90 - 94.99 85 - 89.99

GMAT 700+ 650 - 700 600 - 650 550 - 600

CMAT - - - 95+

SMAT*

Actual Tuition
₹ 3,75,000 ₹ 3,75,000 ₹ 3,75,000 ₹ 3,75,000
Fee

Tuition Fee
Payable Year ₹ 75,000 ₹ 1,50,000 ₹ 2,25,000 ₹ 3,00,000
1

Note: The scholarships shall be provided on the first-year tuition fee. To retain the scholarships for second year, a
student would need to have a minimum CGPA of 7.0 at the end of second semester.
*As per SNU Guidelines

Benefit after the Program

o Employees after successful completion of the full time MBA from SNU the following joining criteria will be
followed:
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 o At the time of completion of the course, employees at E1.1/E1.2 band will be given opportunity to apply for
SMT roles at E1.2 band (maximum three opportunities). If an employee clears the interview process, he/she
will rejoin at standard SMT level. If the employee fails to clear the process after 3 attempts, he/she will still be
considered a part of MBA cohort and will be eligible to apply for focused Internal Job Postings rolled out
regularly by Cadre Program Office with no change in band and compensation.
o At the time of completion of MBA, employees who are already at/above E2.1 band will be eligible to apply for
Key Strategic Roles designed specifically for MBA cohort with no change in band and compensation

Passing Criteria

SNU Students of Batch 2018 will adhere to following guidelines for successfully completing the MBA program –
• Mandatory 90% attendance

• Timely submission of Assignments and Projects

• CGPA Scores:

o Below 6 CGPA – No Change in Band / Designation / Compensation

Internship & Final Deployment

Students will undergo Internship in the First year for 2 months as per internship opportunity available into core
domains and functions. Employees will be deployed back to different LOBS basis deployment criteria and business
demand at the time of course completion.
❖ Employees will also be working as interns for 2 months after 1st year and will receive 25,000 INR per month
stipend during the period of this internship.
❖ Deployment will be basis availability of Role at any location Pan India.

❖ Declining of Roles / Non-Selection / Location constraint by the students will lead to Bench allocation as Regular
employee (Non SMT) and previous compensation – Band – Designation.
❖ Employee will continue to be on LWP till deployment, if not selected / Deployed to any role post course
completion.
❖ Employee will not be given any location preference. Deployment will be based on business
requirement at any India Location.

Fee Structure

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The fee structure at SNU consists of 5 components. These are mentioned in the table below.

Fee for Residential MBA

Item Year 1 Year 2 Full Program

1 Admission Fee (Non-refundable) ₹25,000 ₹25,000

2 Recurring charges

Tuition Fees ₹3,50,000 ₹3,75,000 ₹7,25,000

Hostel Fees

Single Occupancy A/T ₹1,40,000 ₹1,40,000 ₹2,80,000

Single Occupancy A/T with AC ₹1,75,000 ₹1,75,000 ₹3,50,000

4 Net Payable

with Standard Accommodation ₹5,15,000 ₹5,15,000 ₹10,30,000

With AC Accommodation ₹5,50,000 ₹5,50,000 ₹11,00,000

Additional Fee for Global & Rural Immersion

5 ₹2,50,000
(optional)

The fees for the optional but highly recommended Global Immersion and Rural Immersion components will be INR 2.5
lakhs extra. (plus, visa and airfare costs)

Note:

All charges are payable at the beginning of the Academic Year as per schedule announced separately.

Mess and Laundry Charges: In addition to the above, the use of mess and laundry services from the University
authorized resident vendor is mandatory for all resident students irrespective of the degree program they are
pursuing. We collect advances of ₹21,500 per semester for mess and 2,250 per semester for laundry, which is
passed through to the vendors. These charges are collected by the University at the beginning of every semester
and paid to the vendor. These charges may vary from year to year based on inflation and the decisions of the
relevant student body and Dean-Student Welfare and will be communicated by Dean-Student Welfare at the
beginning of each academic year.

Security deposit is refunded on Graduation after deduction of any recoveries.

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Revision History

Version
Date Prepared by / Modified by Significant Changes Approved By
No
1.1 11th Jan Meera Sain (40108359)/ Amended for the batch Ashish Bhalla (40107070)
2018 Disha Gupta (51571747) 2018-
2020 – Eligibility Criteria,
Selection Process and Fee
structure.
1.2 23rd Jan Meera Sain (40108359)/ Amended for the batch Ashish Bhalla (40107070)
2019 Rupali Bhutani (51735223)/ 2019-2021 – Eligibility
Nikita Criteria, Selection Process
Chawla (51654521) and Fee structure.
1.3 20th April Kokil Shrivastava Amended for the batch Ashish Bhalla (40107070)
2019 (51830400)/ Priyanka Sengar 2020-2022 – Eligibility
(51786793) Criteria, Selection Process
and Fee structure.

This Policy can be amended, modified or withdrawn at HCL’s discretion, and such withdrawal will not
render an existing batch null and void.

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