"A brand new specialisation in digital communication management will commence from the new academic year," MICA president and director Nagesh Rao said.
He was speaking to reporters on the sidelines of the 18th convocation of MICA, which was set up in 1991.
As many as 161 students were awarded diploma certificates for its post graduate programme in management (communications).
"While we have a batch strength of 161 for other programmes, we have not finalised the intake for the new programme. It depends on the quality of students. If we get 150 quality students, we may go with it," Rao told reporters.
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He said that though the institute's governing council met today, it did not discuss the issue of fee hike, adding that there has been a hike in funds for research.
Earlier, delivering the convocation address, Chief Executive Officer and Managing Director of Hindustan Unilever Nitin Paranjpe, who was the chief guest, urged students to create a new business model focusing on innovation.
Stating that people have lost trust in business models because of its self-serving nature, he said, "It is important to take steps to save business. You must create new business model focusing on innovation".