Master of Arts / Master of Science in Regulatory Policy and Governance
Location: Mumbai
School: School of Habitat Studies
Intake: 30
Description
The Master of Arts / Master of Science( Regulatory Policy and 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:
|
Year |
Details |
Credits |
| First |
Foundation Course |
4 |
|
Core Courses |
34 |
|
|
Institute Electives (Open & Foundation) |
4 |
|
|
Fieldwork / Internship |
0 |
|
| Second |
Core Courses |
8 |
|
Disciplinary Electives |
6 |
|
|
Dissertation |
8 |
|
|
Fieldwork / Internship |
0 | |
|
Total Cedits
|
64 | |
Semesterwise Courses:
| Semester | Course Code | Course Title | Credits | ||
|---|---|---|---|---|---|
|
I |
FC |
Foundation Courses (Module 1 and 2) | 4 | ||
| HS 01 | Introduction to Public Policies : Concepts, Theory and Practice | 2 | |||
| HS 02 | Introduction to State, Law and Governance | 2 | |||
| HS 03 | Basics of Financial Analysis | 2 | |||
| HS 04 | Eco - Systems, Habitats and Sustainability | 2 | |||
| HS 05 | Research Methods I | 2 | |||
| HS 06 | Basic Principles of Economics | 2 | |||
| RPG 01 | Concepts and History on Regulatory Governance | 2 | |||
| II |
HS 07 | Socio Cultural Perspectives | 2 | ||
| HS 08 | Research Methods - II | 2 | |||
| RPG 02 | Theories and Perspectives in Regulatory Governance | 2 | |||
| RPG 03 | Economics for Regulation | 1 | |||
| RPG 04 | Financial Aspects of Regulation | 2 | |||
| RPG 05 | Regulatory Impact Analysis | 2 | |||
| RPG 06 | Instruments of Regulation - I | 2 | |||
| RPG 07 | Introductory cource on Sectoral Regulation | 4 | |||
| RPG 08 | Law for Regulation | 2 | |||
| RPG 09 | Regulatory Clinic - I | 1 | |||
| CBCS | Elective Foundation | 2 | |||
| CBCS | Open Elective | 2 | |||
| Summer Internship | (mandatory, non-credit) | ||||
|
III |
HS 09 to HS 12 are skill Electives and students have to choose any one | ||||
| HS 09 | Elective 1 : Green Economy and Sustainability | 2 | |||
| HS 10 | Elective 2 : Macro Data Analysis | 2 | |||
| HS 11 | Elective 3: Environmental and Social Impact Assessment (EIA and SIA) | 2 | |||
| HS 12 | Elective 4 : Introduction to GIS | 2 | |||
| RPG 10 | Basic Course on Regulatory Skills | 1 | |||
| RPG 11 | Instruments of Regulation -II | 2 | |||
| RPG 12 to 16 | Elective in Sectoral Regulation I,II,III** | 6 | |||
| RPG 17 | Regulatory Clinic - II | 1 | |||
| RPG 18 | Project or Dissertation - I | 2 | |||
|
IV |
RPG 19 | Project or Dissertation - II | 6 | ||
| RPG 20 | Policy Asignment | 2 | |||
Note: The Total number of creditts, list of CBCS curses and semester- wise listing of courses is provisional, and may undergo some changes. Due to current pandemic situation courses may be shifted or taught across semesters.
**Students have to choose 3 sectoral courses and the tentative sectors identified for electives are: Electricity Regulation,Food Safety Regulations,Micro-finance Regulations and Water Regulations.
Fee Structure:
| Components | MA./M.Sc. Regulatory Policy and Governance | ||||
| Fees | Sem I | Sem II |
Sem III | Sem IV |
|
| FEE | Tuition Fee | 16,000 | 16,000 | 16,000 | 16,000 |
| Examination Fee | 1,000 | 1,000 | 1,000 | 1,000 | |
| CHARGES |
Field Education / Internship / Experiential Learning Charges | 0 | 0 | 0 | 0 |
| IT Charges | 2,000 | 2,000 | 2,000 | 2,000 | |
| Library Charges | 1,500 | 1,500 | 1,500 | 1,500 | |
| Other Charges( ID Card, Convocation & Misc.) * | 2,500 | 0 | 0 | 0 | |
| FUNDS | Students' Competency Fund | 0 | 0 | 1,000 | 0 |
| Lab / Studio Fund | 0 | 0 | 0 | 0 | |
| Development Fund | 10,000 | 0 | 10,000 | 0 | |
| Students' Union Fund * | 500 | 500 | 500 | 500 | |
| Alumni Fund * | 0 | 500 | 0 | 0 | |
| Health Care Fund* | 2,000 | 0 | 2,000 | 0 | |
| DEPOSITS | Caution Deposits (Refundable at the time of exit from programme on submission of No Dues Certificate) | 10,000 | 0 | ||
| Semester wise Course Fee | 45,500 | 21,500 | 34,000 | 21,000 | |
| Yearly Fees | 67,000 | 55,000 | |||
| Total Course Fee | 1,22,000 | ||||
| Institute reserves the right to revise the Fee Structure of programmes if necessary. | |||||
| Expenses related to Practicum / Study tour / Rural field work / Urban field work/Winter Institute, if any, will have to be met by the students themselves at the time of the activity. | |||||
| No fee concession is available for self-finanaced programmes. | |||||
+91(22)25525000 
