MBA (INFRASTRUCTURE)
www.teriuniversity.ac.in
MBA (INFRASTRUCTURE)
The economy of any
country, irrespective
of its stage of
development, requires
competent and
effective regulatory
institutions functioning
towards the goals of
efficiency and equity.
This proposed
programme would
provide India and
neighbouring
countries a major
resource of trained
professionals to
enable the practice
of independent
regulatory functions in
a changing world.
R K Pachauri
Chancellor
T E R I University
E conomical and reliable supplies of a variety of basic
infrastructure services such as electricity, water,
telecommunications and various transportation services play a
critical role in supporting economic growth and development.
Many of these infrastructure services have generally been
viewed as natural monopolies and supply responsibilities have
often been given to state-owned or privately owned
monopolies whose prices, investment programmes, labour
policies, rules governing entry of competing suppliers and
service quality are subject to government control. In an effort
to respond to the poor performance record of these monopoly
infrastructure sectors, the changing economic stakes and the
political power of interest groups involved in these sectors, as
well as opportunities for competition to replace monopoly
created by technological change, many countries have
implemented or are contemplating major industry restructuring
and regulatory reform programmes for these sectors. However,
in most of the regulated monopoly infrastructure sectors
subject to these reforms, certain important segments continue
to be natural and/or legal monopolies that require continuing
regulation. Hence the two principal institutions of social control
in the changing economy are competition and direct regulation.
Rarely do we rely on either of them exclusively. The objective of
policy is to determine the best possible mixture of the two. This
central issue of public utility regulation is at the core of the
MBA programme. The aim of this programme is to achieve a
critical mass of expertise and academic excellence that would
provide a basis for influencing public policy and regulatory
practice and for development of effective management practices
in regulated industries by way of research and teaching.
 www.teriuniversity.ac.in
MBA (INFRASTRUCTURE)

The MBA curriculum is the result of constant innovation and continuous review by the
faculty with the help of practitioners in industry, alumni, and students and academicians in
other institutes. The course comprises two components: the core programme and an
elective programme.
The core programme is focused on rigorous grounding in the rudiments of every
discipline of regulation and the development of a common foundation of regulatory
knowledge and management theory.

Pro gramme
Programme
The two-year MBA (Infrastructure) is being offered to students in two optional
streams.
Stream I A regular programme for graduate students
Stream II A programme for practising professionals, with an orientation towards
research dissertation rather than towards course credits. The course
allows professionals the flexibility to take up a research-based
curriculum. It is mandatory for students to undertake course work in the
first year. In the second year, students will have to undertake a thesis and
defend it at the end of the year. They need not devote time on campus in
the second year.

Graduation requirements
As the MBA (Infrastructure) programme has a large component of research, each
student will have to earn a minimum of 88 credits over the two-year period with a
minimum CGPA (cumulative grade point average) of 7.

Eligibility
Stream I Bachelor's degree with mathematics as a subject till class XII.
Stream II Graduates with a minimum of two years experience in any of the
following sectors namely government, regulatory bodies, industry,
research/academic institutions, donor/consultant organizations.
Stream 1 students will do three semesters of course work and one
semester of major project. Stream II students will do two semesters of course
work and two semesters of major project (at their place of work).
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MBA (INFRASTRUCTURE)

Programme Outline
Programme
Core courses, including minor and major projects, are offered in the
first two semesters. The third semester allows students to pursue an
elective course for specialization in a particular field.
Semester I Semester II
1 Principles of Economics 1 Financing of Infrastructure Projects
2 Finance and Accounts 2 Quantitative Techniques for
3 Legal Framework of Infrastructure Regulatory Practice
Industries 3 Economics of Regulation: Theory
4 Quantitative Techniques for and Evidence
Regulatory Practice - I 4 Infrastructure Sector Case Study
5 Management Functions and 5 Competition Theory and Policy
Organization Behaviour 6 Operation and Management of
6 Operations Research for Restructured Power Systems
Infrastructure Management 7 Urban Infrastructure Management
7 Integrated Impact Assessment and Regulation
8 Urban Transport Infrastructure
Management

Semester III*
Core
1 Risk Management
2 Management Information
Systems
3 Managing Negotiations
4 Business Communication
5 Strategic Management
6 Management of Oil and
Natural Gas Sector
Electives
1 Politics of Infrastructure
Regulation Semester IV*
2 Research Methodology
3 Environmental Economics Major Project in the area
4 Demand Analysis and of specialization
Forecasting
5 Integrated Impact Assessment

* Students of Stream II of the programme do not have to undertake course work in Semesters III and IV, but will
work on a thesis instead.
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MBA (INFRASTRUCTURE)

This programme will enhance the knowledge and skills of students through a
forceful combination of lectures, tutorials, field visits, and, most importantly, case
studies (from developed and developing nations), which will be drawn from
various sectors under study. The case studies are projected to offer students
practical insights into the modes of regulation. Guest lectures by stalwarts of
Indian industry and government would be another highlight of the course, which
will offer the students an opportunity to interact with the personnel responsible
for successful reforms in both these important areas.
Students will be provided the opportunity to participate in activities like
open-house processes and public hearings conducted by regulators. Project
work, which is a prerequisite to successful completion of the course, would help
students acquire hands-on knowledge, and skills that would help them in a
better understanding of regulatory processes.

Wh
Whyy an MBA at the T E R I University?
The MBA programme in Infrastructure offered by the T E R I University
combines the academic rigour of the core faculty and with the real-life
work experience of the adjunct faculty. This combination provides a source
for not only identification of the industry best practices but also ways to
extend the frontiers of performance, management, and governance of
infrastructure industries. Management of regulatory affairs in infrastructure
industries, being a multidisciplinary field, requires an understanding of
economics, law, finance and accounts, technology, and the socio-political
alignment of the society. The T E R I University derives strength from a
variety of consultancy and capacity building projects executed in this field
by the Regulatory Studies and Governance division of T E R I.
The RSG (Regulatory Studies and Governance) Division of T E R I was
established in January 1999, in response to the transformations taking place
in the infrastructure sectors across the country. These transformations
created the need to understand the key regulatory issues and their
implications and to devise appropriate strategies and contribute to the
decision-making process.
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MBA (INFRASTRUCTURE)

The key areas where the Division is actively involved are Regulatory
Policy, Energy Reforms (including sectors such as power, oil and gas, and
coal), and Urban Infrastructure. Within a short time frame, the Division has
established itself as a leading applied research group, having built its work
philosophy around developing practical, sound, and innovative solutions.
Today, the Division is in an unrivalled position to advise on matters related
to regulation and strategy and is uniquely placed to provide assistance on a
range of activities spanning from the policy level to interventions at the
implementation stage.
The Division has advised governments, public and private utilities,
regulatory bodies, and bilateral and multilateral organizations on issues of
privatization and deregulation and has particular expertise in the design of
institutional and regulatory frameworks. It has been assisting them by
providing technical, economic, and legal expertise on various issues. The
Division has been a part of numerous state as well as central-level policy-
making, by providing its expert comments.
The professionals of the Division provide inputs on various consultation
papers and policy documents of governments (state and central) and
regulatory bodies across the country and assist them in the appraisal,
evaluation, formation and adoption of alternative policy options. The
Division has been at the forefront in providing expertise and professional
support to clients from a range of infrastructure sectors, including the
regulatory and the regulated entities, in the electricity, oil and gas, coal,
transportation, telecommunications and water industries.
The Regulatory Policy Group works on the issues in infrastructure
regulation, advises the government and the public and private utilities on
regulatory reform strategies, tracks national and international developments
and documents the experiences on regulation. It also actively pursues the
dissemination of information and research results on regulatory issues and
conducts capacity building and training programmes on a regular basis.
The Energy Reforms Group offers invaluable expertise in the fields
of power, coal, and hydrocarbons. The Group has been at the forefront of
power sector reforms in India and has extensive experience on issues
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MBA (INFRASTRUCTURE)

related to restructuring, tariff policy and design, regulations, demand

forecasting, transmission and distribution loss estimation, coal inventory
modelling, power system master plans, energy security, assessing the
scope for importing piped gas and LNG, market assessment reports, and
sector vision documents.
Centre for Urban Studies and Infrastructure (CUSI) is guided
in its activities by the objective of ensuring universal access to municipal
environmental services, namely, water supply, sanitation, solid waste, and
urban transport services to facilitate improvements in the overall quality
of life. The Centre identifies and fills information gaps in the planning
process and facilitates the participation of multiple stakeholders in the
creation of viable future scenarios.
 www.teriuniversity.ac.in
MBA (INFRASTRUCTURE)

The RSG Division advises on the following in the area of electricity, water,
transportation, coal, oil and gas, and urban infrastructure.
P Sectoral restructuring
P Evaluation of governmental policies
P Regulatory strategy
P Design of regulatory regimes
P Policies and strategies in the infrastructure sectors
P Tariff studies and financial modelling
P Modelling, T&D loss estimation and demand analysis
P Public–private partnerships
P Contract development and analysis
P Market research
P Governance issues
P Subsidy mechanisms

The RSG Division takes active interest in developing capacity in the

regulatory community, government, utilities, research and academic
community, civil society, etc. In this endeavour, a number of capacity
building programmes have been developed and successfully conducted by
the Division. These include organizing, developing, and delivering the
following:
1 Training programmes, one of the prominent ones being the South Asia
Forum for Infrastructure Regulation (SAFIR)
2 Workshops, seminars, brainstorming sessions, and policy discussions
3 Conferences

For further information, please contact

The Registrar
T E R I University Tel. 2468 2100 or 2468 2111
Darbari Seth Block Fax 2468 2144 or 2468 2145
I H C Complex, Lodhi Road India +91 • Delhi (0) 11
New Delhi – 110 003 E-mail registrar@teri.res.in
India Web www.teriuniversity.ac.in