AICAR Business School

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AICAR Business School
AICAR Business School (logo).jpg
Type Private business school
Established 2002
Location Neral, Raigad, Maharashtra, India
Campus Rural, 33 acres (0.13 km2)

The Asian Institute of Communication and Research, better known as AICAR Business School or simply AICAR, is a management institute located in Matheran, about 90 minutes from Mumbai in India. AICAR is a residential institute.


AICAR Business School was established in 2002 by the co-founder and Chairman of Chaitra Leo Burnett, Mr. Walter Saldanha. It was inaugurated by Mr. Kerry Rubie, Vice Chairman, Leo Burnett Worldwide. Ivan Arthur, former national creative director of JWT India is a trustee and visiting faculty at the institute.[1] In 2007 the institute entered into an alliance with Aptech Limited, a global retail and corporate training solutions provider headquartered in Mumbai.


AICAR offers a two-year full-time residential PGDM programme approved by the All India Council of Technical Education, New Delhi.

The course includes specializations in Communications, Marketing, Financial Services, Banking Insurance and Finance, Aviation Business and Human Resource Management. AICAR offers Management Development Programmes (MDPs) which are both general and industry specific.

The Management Development Programmes (MDPs) are designed for working executives.


AICAR Campus

The school is located at Neral, Maharashtra, in the foothills of Matheran, near Karjat, beside the Ulhas River.

Situated 1.5 km from the Neral Railway Station and 1.5 hours by train or car from Mumbai, it has easy access to the Mumbai metropolis and Pune.

Board of Governors[edit]

  • Walter Saldanha (Chairman), Chairman and Managing Director of Chaitra Holdings Pvt. Ltd..
  • Ivan Arthur (Vice Chairman), former National Creative Director of Hindustan Thompson Associates, now known as JWT,
  • Ninad Karpe, CEO and MD, Aptech,
  • Dr. Pramod Khera, Managing Trustee
  • Subodh Sapra, former President, Polyester Sector, Reliance Industries,
  • Homi Ayrton, Chartered Accountant,
  • Ravi Dighe, Executive Vice President of Aptech, and Managing Trustee,
  • T. Ravishankar, Executive Vice President of Aptech,
  • R. Krishnan, Executive Vice President of Aptech
 The Director is Dr.S.Kutty.

Switch, the campus channel[edit]

The school has launched Switch, India's first campus channel. Conceived and nurtured by Anand Kurian, Switch features news and discussions, sport and entertainment. The channel is run by a board of directors, consisting of students of the school.

Switch was inaugurated by the Chairman of Cadbury, Mr. C. Y. Pal; he described it as ‘an example of the power of an innovative idea’.


  1. ^ "A worthwhile act of philanthropy". The Hindu, Business Line. November 27, 2006. Retrieved 2015-06-06. 

External links[edit]

Coordinates: 19°2′52″N 73°19′13″E / 19.04778°N 73.32028°E / 19.04778; 73.32028