Praxis Business School

What Praxis Business School does

Praxis Business School is a private, for-profit management education institution headquartered in Kolkata, India, operating under the legal entity Praxis Business School Foundation. Founded in 2008 and led by Director Dr. Prithwis Mukerjee (IIT Kharagpur, PhD UT Dallas) and Co-Founder/Director Charanpreet Singh (IIT Kharagpur, MBA Iowa), the institution is AICTE-approved, NBA-accredited, and AIU-certified, with a Chairman's Office anchored by Kamlesh Sajnani (MD of IMS Learning Resources). Its core product is the two-year full-time Post Graduate Diploma in Management (PGDM) — 180 seats per cohort — with a curriculum built around digital-ready leadership, data science, and analytics, delivered using Python, R, Spark, SQL, Hadoop, MongoDB, SAS, AWS, QlikView, and Tableau. Secondary offerings include the Fellowship Program in Management (FPM, a 3-5 year doctoral-level part-time program for working professionals), Management Development Programs (MDPs) covering AI-powered trading and AI in management, a Data Science consulting practice, and a dual-diploma Masters ICT in Data Science delivered in partnership with The Polytechnic College Suriname.

The business model is tuition-driven and subscription-style: PGDM day-scholar fees total INR 11.3 lakh (program fee INR 11 lakh plus a refundable caution deposit) plus an optional INR 2.4 lakh hostel fee, billed across four installments; FPM runs at INR 1.5 lakh per year (years 1-2) and INR 50,000 per year (years 3-4). Scholarships include Foundation (INR 3 lakh to 18 students per batch), Women in Leadership (INR 1 lakh), and Tuition Fee Waiver for nine students from low-income families. Customer acquisition is multi-channel — website, LinkedIn, Facebook, YouTube, Instagram, and on-campus events (INCEPTION hackathon, Spardha fest) — targeting graduates with 50%+ in any discipline. Recruitment is facilitated through a structured placement program that coordinates with 40+ corporate recruiters including SBI, ICICI, HDFC, TCS, EY, PwC, Deloitte, PepsiCo, Colgate, and DHL; placement outcomes for the Class of 2026 include a highest CTC of INR 20.65 LPA and an average CTC of INR 9.08 LPA.

Revenue diversification beyond PGDM tuition is nascent: MDPs, corporate Data Science consulting, and the international Suriname partnership represent early attempts to extend the Praxis brand into executive education and overseas markets. The institution is founder-controlled with no disclosed external funding, governance by an independent Board of Governors, and an operating geography currently centered on a single Kolkata campus with a limited international footprint via the Suriname alliance.

Name

Praxis Business School

Legal name

Praxis Business School Foundation

Website

https://praxis.ac.in

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

51–100 employees

Short description

Praxis Business School is a private AICTE-approved, NBA-accredited management education institution in Kolkata, India, offering a two-year full-time PGDM (180 seats) plus an FPM doctoral program, MDPs, Data Science consulting, and an international Masters partnership with PTC Suriname, serving graduates and corporate clients.

Ownership category

akta.pro rank

Product category

Management Education (Business School)

NAICS

Professional and Management Development Training (611430), Professional and Management Development Training (61143), Business Schools and Computer and Management Training (6114), Computer Training (611420), Colleges, Universities, and Professional Schools (61131)

SIC

Services-Educational Services (8200), Services-Management Consulting Services (8742)

akta.pro primary industry

Marketing, Sales & Brand Management Schools (EDAHAHAE)

akta.pro secondary industries

Operations, Supply Chain & Logistics Management Schools (EDAHAHAF), Data & Metrics for PM/PPM (Analytics, KPIs, Experimentation) (EDABAHAL), Information Security, Privacy & IT Governance (CISSP CPE, Privacy CE) (EDAAALAL), Live Class & Webinar Marketplaces/Directories (EDAFAIAE)

Keywords

• Management education
• Postgraduate diploma
• Business school programs
• Executive development
• Data science training

Headquarters

HQ city

Kolkata

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. PGDM Tuition and Fees: Two-year full-time Post Graduate Diploma in Management program with total fees of ₹11,30,000 for day scholars (including ₹11,00,000 program fees and ₹30,000 refundable caution deposit) and ₹2,40,000 hostel fee. Fees include tuition, course material, placement fee, library & IT infrastructure, and campus maintenance across four installments.
2. FPM Program Fees: Fellowship Program in Management (FPM) - doctoral-level part-time program with ₹150,000 per year for first and second years, and ₹50,000 per year for third and fourth years. Alumni receive ₹50,000 concession on fourth-year fee.
3. Management Development Programs: MDP offerings including AI-Powered Swing Trading (April 25-27, 2025) and Conference on AI in Management (May 30-31, 2025) for industry professionals
4. Data Science Consulting: Praxis Data Science consulting team offers services including Data Strategy Development, Data Insights/visualization, and Predictive Analytics to organizations

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels8 records

Core offering

Praxis Business School is a private management education institution that offers a two-year full-time Post Graduate Diploma in Management (PGDM), a doctoral-level Fellowship Program in Management (FPM), Management Development Programs (MDPs) for corporate professionals, and Data Science Corporate Consulting services. The school is AICTE-approved, NBA-accredited, and AIU-certified, delivering industry-aligned, digital-ready curriculum with data science specialization across specializations such as Marketing, Finance, HR, Digital Operations Management, and Business Analytics. Programs are delivered at the Kolkata campus and online, including a global Masters ICT in Data Science alliance with PTC Suriname.

Product overview

Praxis Business School is a management education institution offering two primary academic programs: the Post Graduate Diploma in Management (PGDM), a two-year full-time program that is AICTE-approved, NBA-accredited, and AIU-certified, and the Fellowship Program in Management (FPM), a flexible doctoral-level program for professionals and academics. Additionally, through global partnerships, it offers a Masters ICT in Data Science program with The Polytechnic College Suriname. Beyond degree programs, the institution provides Data Science Corporate Consulting services for organizations and Management Development Programs (MDP) for executive education. The portfolio is supported by an industry-aligned curriculum emphasizing digital-ready skills, data analytics, and experiential learning.

Differentiator

Problem solved

Functional benefit

Products and services

• Post Graduate Diploma in Management (PGDM) Two-year full-time AICTE-approved, NBA-accredited, AIU-certified management program with 180 seats at the Kolkata campus, offering specializations in Marketing, Finance, HR, Digital Operations Management, and Business Analytics along with focused tracks in Data Science, Financial Risk Management, and Consumer Insights. Designed for graduates with minimum 50% in any discipline seeking digital-ready leadership skills.
• Fellowship Program in Management (FPM) Flexible part-time doctoral-level program (3-5 years) approved by AICTE for industry professionals, academicians, and researchers, requiring 30 credits through coursework and seminars. Delivered primarily online with a 5-day in-person campus immersion. Fees of ₹150,000/year for Years 1-2 and ₹50,000/year for Years 3-4.
• Masters ICT in Data Science (with PTC Suriname) Two-year online Masters program in Data Science conducted in partnership with The Polytechnic College Suriname, University of Applied Sciences, comprising 640 hours of instruction and awarding diplomas from both institutions. Focuses on practical data science skills including Python, R, Spark, SQL, Machine Learning, and Deep Learning with real-life business challenges. Investment: $7000 for the complete program.
• Data Science Corporate Consulting Corporate data science consulting services including data strategy development, data insights with visualization, and predictive analytics for future insights to help organizations extract actionable insights and optimize processes. Targeted at organizations seeking data-driven business growth.
• Management Development Programs (MDP) Short-term professional development programs for corporate executives and industry professionals on topics including AI-powered trading and AI in management. Delivered at the Praxis campus with an industry focus.

Quantifiable outcome

• Highest CTC of INR 20.65 LPA achieved by Class of 2026
• +2 more outcomes

Named customers9 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability8 records

Feature3 records

Partnerships

Three partnerships are on record, tiered core and minor.

• The Polytechnic College (PTC) SurinamecoreStrategic or Co-development PartnerTwo-year online Masters program in Data Science conducted in collaboration with The Polytechnic College Suriname, University of Applied Sciences. Comprises 640 hours of instruction with students receiving diplomas from both institutions. Program focuses on practical data science skills including Python, R, Spark, SQL, Machine Learning, and Deep Learning with real-life business challenges. Investment: $7000 for the complete program.
• CareerCarvecoreImplementation/ SI/ Consulting PartnerThird-party placement preparation vendor with proven expertise. Provides comprehensive placement preparation including 1x1 training sessions (mock interviews, diagnostic interviews, resume discussions), group sessions (GD preparation, case interview prep), and subscriptions (AI resume builder, career content). Preparation starts August for SIP and July for Final placements.
• Corporate Clients for Data Science ConsultingminorStrategic or Co-development PartnerPraxis Data Science consulting team collaborates with organizations to extract actionable insights, optimize processes through predictive analytics, and drive business growth. Services include Data Strategy Development, Data Insights/visualization, and Predictive Analytics.

Scale indicators5 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• NMIMS Mumbai: NMIMS is a large private university with an established PGDM program and data science/analytics specializations. Competes for the same national applicant pool and corporate partnerships.
• IMT Ghaziabad: Institute of Management Technology is a national private B-school with PGDM programs and analytics specializations targeting similar corporate recruiters and applicant profiles.
• SP Jain School of Global Management: Multi-city private B-school with PGDM-equivalent programs and digital transformation focus. Comparable in international orientation and digital curriculum positioning.
• MDI Gurgaon: Management Development Institute is a top private B-school offering AICTE-approved PGDM programs with comparable data science and analytics content. Targets similar recruiter segments at a higher national rank.
• IIM Calcutta: Premier Indian Institute of Management located in the same city (Jamshedpur-adjacent, Kolkata hub) and a top-tier public B-school competitor for the same applicant pool. Praxis positions itself as a private alternative for students who do not secure IIM admission.

Direct peers

• TAPMI Manipal: T.A. Pai Management Institute is a private B-school with comparable AICTE approval, specializations in business analytics, and similar recruiter base. Scale and positioning closely mirror Praxis.
• IMI Kolkata: International Management Institute Kolkata is a private B-school with comparable AICTE-approved PGDM programs, directly competing for the same applicant base and recruiter relationships in the region.
• IISWBM Kolkata: Indian Institute of Social Welfare and Business Management is a Kolkata-based B-school offering MBA-equivalent programs. Direct regional competitor for management aspirants in Eastern India.

Emerging players

• Great Lakes Chennai: Great Lakes offers the 1-year PGPM program with strong data science and analytics focus. Overlaps with Praxis's digital-ready curriculum and competes for tech-oriented management applicants.

Regional players

• XIMB Bhubaneswar: Xavier Institute of Management Bhubaneswar is a premier East India-based business school with overlapping recruiter base and similar placement positioning. Comparable in scale and accreditation profile.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/Praxis_Tweets
• GitHubgithub.com/Praxis-QR
• YouTubeyoutube.com/@PraxisBusinessSchool
• Facebookfacebook.com/praxisbusinessschool
• LinkedInlinkedin.com/company/praxis-business-school
• Instagraminstagram.com/praxis_business_school

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles20 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Praxis Business School