Vice-President of India, Shri Jagdeep Dhankhar Emphasizes ‘Skills Over Degrees’ at Masters’ Union Convocation
Gurugram, (Haryana) [India], January 16, 2024: Hon’ble Vice President of India, Shri Jagdeep Dhankhar had graced the convocation ceremony of the Masters’ Union 2024 cohort which included over 200 students from its flagship, Post Graduate Programme (PGP) in Business and Technology. Addressing the gathering Shri Jagdeep Dhankhar underscored the growing importance of skills, innovation, and merit over formal degrees in shaping India’s future leaders and entrepreneurs.
Vice President Dhankhar praised the innovative education model of Masters’ Union, recognizing its role in nurturing entrepreneurial and industry-ready talent. He stated, “Look around and you will find our start-ups, unicorns and corporate companies that have dominated the global landscape in economics for the last three decades. Who are they? They are not degree holders; they have capacity certifications that Masters’ Union gives.”
He further added, “Our youth are anti-patronage because they are pro-merit; they believe in meritocracy. The corridors of power, once leveraged by corrupt elements, have been sanitized. Now, opportunities are created for those who are skilled and capable.”
Pratham Mittal, Founder of Masters’ Union, expressed his pride in the graduating students and their remarkable achievements. “I am incredibly proud of our students for their hard work and dedication, which have culminated in numerous successful ventures and outstanding placements. It is inspiring to see 15% of our cohort launching their own startups and raising significant venture capital even before graduation. These accomplishments reflect the spirit of innovation and the relentless focus on quality of learning, with which we started this institute. Looking ahead, it is my dream to see Masters’ Union ranked among the world’s top 10 business schools within the next five years, something that has eluded every Indian educational institution so far.”
Masters’ Union’s cohort of 2024 has demonstrated solid performance in placements and entrepreneurship. The audited placement report for the 2024 PGP cohort revealed an impressive average package of ₹28.52 LPA, with the highest package reaching ₹61.80 LPA. Graduates experienced a salary increase of up to 10X post-MBA, underscoring the value of their education in the competitive job market. A total of 148 companies participated in this year’s placement drive, including leading firms such as BCG, Kearney, Bain & Company, Microsoft, Cisco, Innoven Capital, Kae Capital, Good Capital, and Palaash Ventures. Additionally, Masters’ Union secured 10 international placements with global companies like Talabat and Landmark Group. The role distribution among graduates includes 12% securing positions in Founders’ Office roles, 30% in Consulting, and 16% in Product Management, highlighting the diverse and high-impact career opportunities available to Masters’ Union alumni.
Entrepreneurial success was another standout feature of the 2024 cohort, with 15% of students launching their own ventures and collectively raising USD 700,000 in venture capital. Supported by the Masters’ Union, these entrepreneurs have founded startups such as Seeds AI and PlaySuper, attracting investment from top venture capital firms like Campus Fund and 100X.VC.
About Masters’ Union:
Masters’ Union is a premium business school based in the business district of Gurgaon. It was founded in 2020 with the philosophy of hands-on learning where students learn business by running a business. The leadership behind Masters’ Union consists of graduates from Stanford, Wharton, and IITs and IIMs. Unlike traditional B-schools, the faculty at Masters’ Union comprises MDs, CEOs and CXOs from companies such as Amazon, Apple, IBM, McKinsey and KPMG. Additionally, the Institute also brings in faculty from the world’s top-ranked universities such as Oxford & Harvard. For more information about Masters’ Union and its entrepreneurial programs, please visit mastersunion.org