M.A. Admissions

Master of Arts / Master of Sciences (Regulatory Governance)

Location: Mumbai

School: School of Habitat Studies

Intake: 23




The Master of Arts / Master of Sciences (Regulatory Governance) (hereafter referred to as programme) seeks to provide a comprehensive understanding of contemporary regulation theory and emerging regulatory practice models, both at the national and international levels, taking on board oft-neglected critical dimensions such as equity, environment, democratic participation, and sustainability concerns. It is a multi-disciplinary programme and aims to develop socially responsible and environmentally conscious professionals in the emerging field of regulatory governance. Regulation is broadly understood as an effort by the state to address social or environmental risk, market failure, or equity concerns through rule-based direction of social and individual action (as defined by Planning Commission, GoI, see: planningcommission.nic.in/ reports/genrep/infra_reglawl.pdf ). The State currently regulates the private and public business sectors (like infrastructure, services, finance, technology, consumer goods) as well as social sectors (like public services, public health, safety, environment, human rights) in India.

Regulation is done either by specially constituted autonomous regulatory agencies (such as the Electricity Regulatory Commissions, Telecom Regulatory Authority of India, Competition Commission of India) or by the respective government departments and ministries, administering the sector. Regulation seeks to achieve critical social, economic, and environmental goals including controlling monopoly practices, providing a level playing field for competition, protecting rights, promoting equity, enhancing efficiency, costeffectiveness, improving service quality, and reducing or ameliorating environmental impacts. There are various tools and mechanisms used for regulation such as tariff setting, determining quota or entitlement, setting service and other standards, adjudication, permits and concession contracts, and monitoring and enforcement.

The programme equips the students with strong conceptual and theoretical understanding, as well as practical skills to analyze and design regulatory solutions for a given problem. This combination of theory and practical skills will help students to effectively engage in  and with regulatory activities and processes, in various sectors. The programme is systematically structured as a sequence of courses of the following types, which act as its building blocks: (a) foundation courses (b) perspective courses providing exposure to critical debates (c) theory courses, (d) skill building components (e) courses providing exposure to field and (e) practical components. It provides an opportunity to build perspectives and skills within this complex discipline, through active learning from skilled experts and practitioners in the field.

The programme is open to students from diverse disciplinary backgrounds ranging from economics, engineering, law, public policy, public administration, management, finance, political science, social work, pharmaceuticals, health and biotechnology, to name a few.

The employment prospects for students after graduation in this emerging field are expected to be very high. Students of this programme will find employment in institutions and agencies within the burgeoning regulatory domain, ranging from government bodies, independent regulatory institutions, private and public sector enterprises, non-governmental  organisations, law firms, management consultants and research centres.

Distribution of Credit Hours:













Semesterwise Courses:

SemesterCourse CodeCourse TitleCredits


Part 1: Foundation Courses
FC Foundation Course 6
Philosophy of Research 1
Part 2: Introduction to Regulatory Governance
RG 1 Introduction to Public Policies: Concepts, Theory, and Practice 2
RG 2 Indian Legislative, Legal, and Administrative System 2
RG 3 Concepts and History on Regulatory Governance 2
RG 4 Basics of Financial Analysis 2
RG 6-1 Economics for Regulation 2
RG 7 Research Methods -I 2


Fundamentals of Regulatory Governance
RG 5 Theories and Perspective in Regulatory Governance 2
RG 6 II Economics for Regulation 1
RG 8 Financial Aspects of Regulation 2
RG 9 Regulatory Impact Analysis 2
RG 10 Instruments of Regulation – I 2
RG 12 Research Methods - II 2
RG 13 Introductory Course on Sectoral Regulation 4
RG 14 Law for Regulation 2
RG 15 Regulatory Clinic-I 1
CBCS Elective Foundation 2
CBCS Open Elective 2
Summer Vacation -- Summer Internship (mandatory, non-credit,) 0







Advanced Courses on Regulatory Governance
RG 11 Basic Course on Regulatory Skills 1
RG 16 Introduction to Social and Environmental Regulatory Rationales 2
RG 17 Instruments of Regulation – II 3
RG 19 to RG 22,RG 29 Elective in Sectral Regulation I,II,III # 6
RG 23 Research Design: Theory and Practicum 2
RG 24 Regulatory Clinic-II 1
RG 25 Project or Dissertation -I 2


RG 26 Advanced Themes in Regulatory Governance (Modular)$ 2
Independent Work  
RG 27 Project or Dissertation-II 4
RG 28** Policy Assignment 2


Notes: the Semester-wise listing of courses is provisional and is subject to revisions as per recommendations of the Academic Council.

$ The tentative list of the themes include: Self-regulation, Advanced Theme in Competition, Regulation of emerging Technologies

#Students have to choose 3 sectoral courses from about 5 course offered. Tentative sectors identified for electives are: Occupational Health and Safety, Water, Energy, Micro-finance, Food safety.

Fee Structure:


Component MA./M.Sc. In Regulatory Governance
FEE Tuition Fee 12,000 12,000 12,000 12,000
Examination Fee 800 800 800 800
Medical Examination Fee 100 0 0 0
CHARGES Field Work Charges 0 0 0 0
Computer Charges 1,000 1,000 1,000 1,000
Convocation Charges 0 0 0 2,000
ID Card charges 300 0 0 0
FUNDS Students’ Competency Fund 0 0 1000 0
Internship Fund 0 0 0 0
Lab Charges / Studio Fund 0 0 0 0
Development Fund 8,000 8,000 0 0
Students' Union Fund 500 500 500 500
Medical Insurance Fund 1,500 0 1,500 0
DEPOSITS Caution Deposit (Refundable at the time of exit from programme on submission of No Dues Certificate) 10,000 0 0 0
  Total Course Fee 34,200 22,300 16,800 16,300
  Hostel and Dining Hall Charges:      
Dining Hall (Advance) Charges 16,000 16,000 16,000 16,000
Hostel & Electricity Charges 15,000 15,000 15,000 15,000
  Total Charges 31,000 31,000 31,000 31,000
*Details under School        
Institute reserves the right to revise the Fee Structure of programmes if necessary.
Some Schools will organise Practicum / Study tour / Rural field work / Urban field work/Winter Institute, expenses for these are not shown in the above table. These expenses will have to be met by the students themselves at the time of the activity.


*Institute reserves the rights to revise the Fees Structure of programme if necessary.