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Lalit Mohan Thapar (October 27, 1930 - January 17, 2007), often referred to by his initials LMT, headed the LM Thapar Group of companies. He was born to Karam Chand Thapar, the founder of the Thapar Group of companies that owned industrial powerhouses such as Crompton Greaves, BILT and JCT Mills. Inder Mohan Thapar, Brij Mohan Thapar and Man Mohan Thapar are his brothers. He was educated at the prestigious Doon School. He graduated in engineering from the University of Southern California, USA. He became Chairman of Ballarpur Industries Limited in 1962. He died of cardiac and renal failure in New Delhi on January 17, 2007.

Single and a resident of New Delhi's up market Amrita Shergill Marg, L.M. Thapar was fond of the good life and was known for being charming and polished. He was an avid art collector, with an impressive personal gallery of some of the finest works of art. His bon vivant persona was highlighted in most of his obituaries. In 2005, he handed over the reins of his business empire to his nephew Gautam Thapar (son of Brij Mohan Thapar).

The Thapar Group was established by Lala Karam Chand Thapar. After his death in 1963, his third son, L. M. Thapar, took over the Group, which then included the Oriental Bank of Commerce, as well as Oriental Insurance. Both these companies were subsequently nationalized. Other Group companies and concerns in India are The Pioneer, Greaves Cotton, JCT Mills, JCT Electronics, Crompton Greaves and Ballarpur Industries. Up to the early '80s, the Thapar Group was one of the top 10 Indian business houses. With the division of the Thapar family assets, L.M. Thapar inherited among other companies, BILT. Today, BILT is run by his nephew, Gautam Thapar, under the Avantha Group.

Course Name:MBA
Duration:2 years
Affiliation:Thapar University
Fees:As per university
Seats:As alloted by the university


Important Dates:
Approved by:UGC Recognized
Mode of Learning:Regular
Course Category:Post Graduation
Salient Features:

We are a different kind of business school, our reason for existence is distinctly different from most other, 3000 plus business schools in India and another 9000 plus in the rest of the world. At LM Thapar School of Management ( LM TSM), we stand to change the way the world conducts business and the way business schools engage the world. We believe that business schools have a unique and important role in our society, different from the commonly projected role of value creation in a narrow sense! Blind value creation is unethical and unsustainable. We focus on helping our students to look at value from a holistic point of view. What is important is achieving overall societal well-being through corporations, entrepreneurial ventures and governments at every level. We teach both the power and limitations of free market. We teach both the positive and negative impacts of leadership. Also we make our students aware of the fact that the science of business administration is dynamic and continuously evolving and our students must be the architects and designers of this evolution. We passionately focus on:

    Developing entrepreneurial mind-set in our students
    Instilling ethical decision making grounded in Indian ethos
    Promoting sustainable living among both students and faculty
    Practicing consultative problem solving through actionable framing
    Imparting global awareness and cross cultural understanding

All of this is made possible by a group of experienced faculty from both India and abroad. We nurture our students by giving them individualised attention keeping in mind that each student is unique and has specific needs, expectations and aspirations. An enabling infrastructure that is state of the art and designed to facilitate interactive and collaborative education. Strong interaction with the industry and community aimed at building leadership through consulting, industry internships, seminars and learning through workshops. Above all we strive for achieving 100% student engagement. We aim to providing our students with every opportunity to develop their skills and live up to their dreams; be it in professional consulting, entrepreneurial activities for setting up new commercial or social enterprises, industry engagement or other meaningful engagements such as politics & community engagement or civil services. We also strongly encourage our students to consider higher studies both in India and abroad.

Ultimately we want our graduates to be known for:

    Entrepreneurial mindset
    Quantitative thinking
    Global orientation
    Consultative approach

Why Recruit from LMTSM?

Thapar University is a renowned name in the field of technology education for more than fifty-seven years now. L M Thapar School of Management (LMTSM) is one of the key strategic initiatives of the University in the domain of techno-management learning. The school visualizes that management and technology have an inseparable relationship and hence it creates a blend through its comprehensive course structure and interactive pedagogy. The school has been successful in creating a new breed of managers who are equipped with appropriate armour to face the realities and complexities of the twenty-first century. The emphasis of the school is on student-centric experiential learning, based on the application of ideas and concepts. Some of the strengths of the school, which prompt recruiters to turn up year after year,are:


The admission process is rigorous. The students of BE-MBA (Industrial) programme enter through the JEE (Mains) (erstwhile AIEEE). Only those students who secure the top few percentile ranks qualify for the programme. The students of MBA (regular) stream enter on the basis of CAT/MAT scores or through the Thapar online admission test.


A major strength of the school is its illustrious and highly qualified faculty with diverse industry experience and high research orientation. The core faculty is supported by distinguished visiting and guest faculty from India and abroad, particularly from the US.

Curriculum and Pedagogy

The academic curriculum is structured to address the needs of the industry and is aligned towards imparting contemporary knowledge to the students. The programme encourages the use of laptops and other technological aids by the students. Equipped with Wi-Fi connectivity, the Dera Bassi campus offers concept classrooms which will enable students to access their assignments, library or study material at their own comfort and time, using the Learning Management System.

An optimal mix of learning methods ensures a holistic personality development of the students. The pedagogy of the programme is highly interactive, encouraging learning through active student participation. Students apply theoretical learning to real-life scenarios in the form of case studies, live projects, assignments, events, group discussions, seminars, role plays, field visits, business games and research.


Over the years, the brand ‘Thapar’ has created a niche for itself in the business world. This has resulted in best organizations offering challenging profiles to our students through the campus placement process. They come back to recruit every year because the students of the university are known for their disciplined approach and strong fundamentals. The unique ‘Thapar’ culture is such that it invigorates the students’ passion for achieving excellence in everything they do. The students are always eager to take up bold tasks, create new benchmarks and be the first to respond to the needs of the society.

We are very proud when we state that new India starts here!

At LM Thapar School of Management (LM TSM) we dream, we design, we architect and we build, we are on a journey developing ideas, training minds, challenging thoughts and stretching possibilities. Our ultimate goal is developing corporate and community leaders for defining and building the new India and ultimately the new world of our dreams. We dream the new India to be a model state grounded in the ethos of sustainability and inclusiveness. The right place for a great nation and a model for every institution in the world.

As we all know that both businesses and business schools are going through a phase of soul searching. After 2008 financial crisis businesses world over are dealing with a trust deficit and business schools are facing a relevance gap. At LM TSM we are ready to take up both these challenges, in fact we courageously stand not only to change the way world conducts business but also the way business schools engage the world! We are convinced that creating a new world business order must start at home and an old nation like India is the right place to start this revolution.

We are a different kind of business school. We understand the power of uniqueness and independent thinking. We constantly strive to develop curriculum to meet specific needs of individual students. Ours is a school of independent and critical thinkers. Here at LM TSM we will never take “no” for an answer. We are constantly pushing boundaries and stretching limits, thoughts or actions. We invite you to join us at LMTSM to be the architects and builders of this new India and a new Indian business model embedded in our cultural realities and contemporary aspirations.

At LM TSM, first and foremost, we take our students through a journey of self-discovery. Every student will start with an independent study, Exploring Your Theory of Life, with a faculty mentor of their choice. This exploration is just the beginning of a long journey of self-discovery to finding the right attitude for becoming effective professionals for the world of corporations and communities.

Above all we power our passion for excellence with the help of a group of dedicated teachers drawn from all over India and we are frequented by an impressive list of scholars and teachers from countries such as the Netherlands, Finland, Japan, USA and South Korea. Through the dedication, creativity and hard work of our students, faculty and all our supporting staff we have created an extraordinary learning environment for all those courageous young minds who are willing to live up to their dreams. This is augmented by a world class academic and residential campus near Chandigarh.

We invite you to visit us and experience our passion for excellence and our commitment to architecting a new business world order!

Padmakumar Nair, Dr. Engg., Ph.D., MBA, M.Tech.
Director, LM Thapar School of Management
Thapar University, Dera Bassi Campus


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