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| IIM-B starts student exchange prog with Paris-based HEC |
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Summary:
- IIM-B and Paris-based HEC School of Management (HEC) started a student exchange programme - HEC-IIMB (Hiep)
- 20 students from each of the institutes will visit India and France and work jointly on projects of mutual interest
- IIMB Director Pankaj Chandra: "This initiative is part of our strategic vision to increase the size of the institute in terms of number of programs, to make IIM-B an international school and a top research school which focuses not only on India but on other emerging economies"
- 14 students of HEC came to IIMB and visited companies such as Infosys and Biocon. In exchange , batch of 14 students of IIM-B will visit France this December and will be exposed to business environment in Europe
- Professor Shrish C Srisvastava of HEC: "Some of collaborative projects between the two institutes include understanding mergers and acquisitions, banking system, IT offshoring and outsouring and nuclear energy"
- There has been an increase in number of international students visiting IIM-B as part of the student exchange. In 2009 more than 90 students will visit IIM-B . Around 63 students from IIM-B are currently visiting universities around the world.
Source: Economic Times
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| IIMs face many hurdles in mentoring newer ones |
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Summary:
- IIMs face difficulty in mentoring new ones due to shortage of resources like faculty, staff etc
- In August, the govt. approved 7 new IIMs, with 4 becoming functional in 2010-11 and other three a year later
- Each new IIM to start with batch of 140 which will rise to 560 eventually
- However, unlike the existing IITs, existing IIMs are neither providing temporary accommodation nor adequate faculty to the new IIMs
- IIM Ranchi (mentored by IIM-C) will initially operate from a temporary campus given by the Jharkhand government, with first batch of 60-100 students
- IIM Rohtak (mentored by IIM-L) will initially operate from space provided to it by MD University in Rohtak
- IIM Trichy (mentored by IIM-B) is likely to put up its temporary campus and hostel facilities at BHEL and NIT
Source: Business Standard
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| CAT website glitches to be rectified by Sep 18 |
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Summary:
- Currently, there's no option for rectifying mistakes in online CAT registration form (each form costs Rs. 1,400/-)
- Authorities working on making CAT registration and scheduling website more user friendly by ironing out glitches and adding new features
- Corrections and changes in the forms to be made possible September 18 evening onwards
- Students can get a refund for their second voucher forms by filling up an online request form
- CAT is between Nov28-Dec7
- Many candidates trying to book last slots thinking they will have more time to prepare, would get review about the new format from others, and/or get easier questions in the CAT
- Acads rubbish such notions. Gautam Puri, vice-chairman, Career Launcher: "Many students think the last few slots will have easier questions. There"s no logic behind such assumptions. The IIMs will prepare 20 different papers and each will have about the same difficulty level"
- Aspirants angry with absence of an 'unmark' option in the demo CAT. Option to change answer is available though
- * Some are unhappy with no option to see all the questions on one page. To look up any question they had to go back several screens
Source: Times of India
Source: Times of India
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| 7 New IIMs coming up! |
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Better chance for MBA aspirants to grab a seat at IIMs
The Union Cabinet on August 27, 2009, approved 7 new IIMs to become operational in two phases at:
- Tamil Nadu
- Jharkhand
- Chhattisgarh
- Haryana
- Jammu & Kashmir
- Uttarakhand
- Rajasthan
Phase I 4 will start functioning from 2010-11, with an intake of 140:
- Tiruchirappalli (Tamil Nadu)
- Ranchi (Jharkhand)
- Raipur (Chhattisgarh)
- Rohtak (Haryana)
Phase II Rest 3 will be set up during 2010-2011 and raise intake to 560 per year.
Source: Click here
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| IIMC students gave up seats at foreign B-schools |
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- Several IIM Calcuttas 2009-11 batch students turned down foreign B-schools LBS, Stearn (NYU), Cornell University, University of Texas, Georgia Tech Univ. and Univ. of Southern California etc.
- 20 students of the batch left jobs paying over Rs 20 lakh p.a. to pursue MBA at IIMC.
- Av work ex 27 months. Students from Deutsche Bank, JP Morgan, Goldman Sachs, Credit Suisse, McKinsey, Merrill Lynch etc.
- Adamya Chandra, 23, mech. engineer from Kamla Nehru Institute Of Technology, Sultanpur refused seat at LBS to join IIMC, reason : reputation of the institute and professors, strong alumni network, it being the only institute in a metro and its distinction as the financial campus of India would help further his career in finance.
- Another mech. engineer from Delhi College of Engineering, 23, quit his 20 lakh p.a. job at a trading firm to join 2009-11 batch, reason: "I decided in favor of value-addition, as it will provide security in the long run. As you move up the corporate ladder one needs an MBA degree and no better place than IIMC which is the best when it comes to finance."
- IIMC Batch Profile:
- 408 members largest across the 7 IIMs
- Av. age 24 years
- 3 students scored 100%ile in CAT
- Another 62 with over 99.9%ile.
- 19 overseas students with av GMAT score 728.
- No. of female students increased to 10%, those with work experience 63%.
- Diverse mix - sportspersons, former World Bank and RBI employees, rock-climbing instructors, those working on starting butterfly farm chains, involved in massive projects such as the modernizing of the Bangladesh Railway System. At least 7 students have own startup ventures. Large number have worked with NGOs on issues such as rural upliftment and education of slum children.
Source: Economic Times
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| Latest FAQs on IIMA website |
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Q1: When is the advertisement for CAT 2009 going to appear?
A1: CAT Advertisement will appear in leading newspapers on Sunday, 30 August 2009.
Q2: Once the advertisement appears, is one expected to buy CAT bulletin from designated banks?
A2: No. One does not have to buy a bulky CAT bulletin. We want to go paperless. A prospective candidate buys a scratch-voucher from the designated bank branches, and, later registers online for CAT 2009.
Q3: When does the sale of voucher start and end?
A3: Sale of vouchers starts on Wednesday, 9 September 2009 at designated bank branches and their associate outlets. The sale ends on Thursday, 1 October 2009.
Q4: When and how do I register for CAT 2009 after buying the voucher?
A4: Online registration for CAT 2009 will also begin on Wednesday, 9 September 2009 and end on Thursday, 1 October 2009. Instructions on access to online registration will be given in the voucher, and, detailed registration instructions will be on the CAT website.
Q5: When will CAT be held and can I choose a test date?
A5: CAT will be held during the period Saturday, 28 November 2009 Monday, 7 December 2009. Yes, you can choose a test date, session (morning/afternoon), and venue across thirty centres (cities) all over India, subject to availability.
Q6: Can you give more details on taking test in a CBT format?
A6: Starting Sunday, 30 August 2009, CAT website ( www.catiim.in) will provide all the details.
Give your comment on this news
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| Deadlines for applying to IIMs and other B-Schools on the basis of GMAT |
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Check the deadline and plan your GMAT accordingly:
ISB 1st round 15th Sep
IIM Bangalore 30th Sep
IIM Lucknow 10th Nov
XLRI 30th Nov
IIM Indore 15th April
Insead 1st round 30th September
Harvard 1st round 1st October
Wharton 1st round 1st October
Cambridge 1st round 1st October (estimated)
Kellogg 1st round 2nd October
Stanford 1st round 7th October
Columbia 1st round 7th October
Oxford 1st round 9th October
London Business School 1st round 14th October (estimated)
For more details regarding GMAT preparation and Admission counseling please contact us at the numbers:
Delhi: 911141513309 or 919873124287.
Mumbai: 022-26133344, 26134029
Pune: 020-65296428, 32502168
Hyderabad: 040-66254600, 66254100
Bangalore: 080-32902754, 41512990
Cochin: 0484-4055700
Chennai: 044-42146046, 42146045
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| Good times are back: Job offers flood IIMs |
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BANGALORE: Pre-placement offers from all sectors pouring in for IIM grad class 2010
IIM-B:
- Consulting firms that participated in last years summer placement announced PPO results all students received PPOs.
- Vineet Sharma, Placement rep : IIM-B is only institute with 100% success rate better than even last year.
- Last years PPO highlights:
- 120 companies confirmed participation for 270 students
- 12 consulting firms participated in these process McKinsey & Co, Boston Consulting Group, Bain & Co. etc.
- Consulting majors Alvarez & Marsal and Result recruited for the 1st time.
- Last years summer placement breakdown:
- consulting 24%
- finance 21%
- investment banking 20%
- marketing 13%
- general management 13%
- 2-3 international offers as well.
Source: Economic Times |
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| TTE takes a ride to B-school |
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KOLKATA: At first sight, Anurag Verma looks like any other fresher on the Indian Institute of Management-Calcutta (IIM-C) campus. Tall and stout, the 23-year-old melts easily into the crowd of new arrivals. Its tough to spot him actually, but when one does so, he is a show stealer. For, Anurag is a travelling ticket examiner (TTE) with Northern Railway on lien to study at the prestigious B-school.
Down-to-earth and rustic in parts, the lad from Kanpur was checking tickets on trains till May 30. He was actually on a train in the Moradabad-Kanpur sector when the news reached his home. He had cracked this years Common Admission Test (CAT) and found a place on the IIM-C rolls.
Source: The Times of India |
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| CAT 2009: Frequently Asked Questions (1 July 2009) |
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Q1: I hear that CAT will be held online. Is that correct?
A1: CAT is going to be a computer based test (CBT) and not internet based test (IBT). I.e. Candidate does not take the test on an internet site. Instead of reading the questions in a paper booklet and darkening the ovals on the answer-sheet, a candidate will read the questions on a computer terminal and choose an answer by clicking on the correct option.
Q2: I hear that CAT will be a computer adaptive test. Is that correct?
A2: No, CAT is not going to be a computer adaptive test.
Q3: Will the format of the test change?
A3: The format of the test will remain more or less the same except that a candidate reads question on a computer terminal and clicks on the correct answer.
Q4: Can I take the test from any computer?
A4: No. A candidate will take the test only at designated test venues in about 25 cities across India. Detailed information will be provided in the CAT 2009 advertisement.
Q5: But how do I do rough-work and calculations while arriving at the answers?
A5: At the test venue, each candidate will be seated at a desk with a computer terminal and he/she will be provided with a writing pad with numbered pages for calculations. After the test, candidate must leave the pad including all the pages in it at the desk. Rough-work cannot be done on any other paper/sheet as nothing will be allowed to be taken inside the test hall.
Source: IIM A website
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| UK may emerge as most preferred study destination |
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MUMBAI: The UK may once again emerge a preferred destination for higher studies among Indian students as a recent spate of attacks on the current batch in Australia forces them to redraw their plans. One of the best education systems and shortest visa processing time make UK the strongest contender to replace this affordable and easy-going destination for education.
The pattern of education is the same in Australia and the UK as they both offer similar courses . And since UK enrols students in the September period versus July for Australia, this is still an open option for students , said the director of a large education consultancy firm in Mumbai. The average fee for a course in engineering or MBA is the same in the UK as that in Australia. Source: Economic Times |
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| CAT 2009 is a Computer Based Test |
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It has finally been confirmed - CAT is definitely going online from this year.
As per this press release from IIM Bangalore:
- The Common Admission Test (CAT) of the Indian Institutes of Management (IIMs) is going to be a Computer Based Test (CBT) from this year onwards, comparable to the existing tests such as GMAT, GRE, and TOEFL.
- The test will be conducted in a window of about ten days sometime at the end of the calendar year.
- CBT CAT will be a candidate-friendly test in terms of flexibility in the selection of test date, ease of registration process, better physical environment and test experience, and enhanced security in terms of biometric identification of candidates and video monitoring.
- IIMs have selected Prometric ETS to be their partner in delivering the computer-assisted CAT.
- More details will be available on the computerised CAT along with the advertisement for CAT to be released later this summer.
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| Soon, foreign agency will bell the CAT |
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MUMBAI: In a case of reverse outsourcing, the Common Admission Test (CAT) will soon be contracted out to a foreign agency. The deal will be
sealed in May, but it is clear that the Indian bidders have lost out in the race to catch the CAT.
It was in 2008 that the IIMs announced that the CAT would go online and invited tenders from agencies with the technical expertise in conducting a test of this nature. The idea was to reduce the time faculty annually spent in administering the test that was seeing a ballooning of aspirants.
In-charge facultys responsibilities fan from identifying professors who will generate questions for the test, to short-listing supervisors and from being present in the press when the papers are printed, to personally carrying question paper trunks to centres across the country.
Source: Times of India.
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| MAT to go online from September |
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The Management Aptitude Test (MAT) is all set to go online this September. The All India Management Association (AIMA), responsible for conducting the exam, has taken this decision as a result of an increase in the number of student appearing for the exam.
AIMA conducts the MAT exam four times a year. And over 300 B - schools accept the MAT score. Last year around 3.5 Lakh people took the exam. The online format will be able to attract more candidates both nationally and internationally, informed C S Bijoy, director, Centre for Management Services, AIMA.
Source: The Times of India.
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| MDI Gurgaon goofs up final results, withdraws list |
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After the Indian Institute of Management, Calcutta (IIM-C) revoked confirmed admissions offers, it is the turn of Management Development Institute, Gurgaon (MDI) to encounter irregularities in its admissions results.
The institute released a list of provisional admissions for the 2009-11 Post Graduate Program in Management (PGPM) earlier today which had mismatches between CAT registration numbers and names listed. What does this mean? A student called Rohan Mehra with a CAT registration number of 45678 would have seen the registration number of 45678 in the results but with another person's name. The institute has currently withdrawn the list of provisional admissions from its official website.
Source: Pagalguy.com.
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| GCET goes online |
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Gujarat Common Entrance Test (GCET) for admissions to Masters of Business Administration (MBA) and Masters of Computer
Application (MCA) will be conducted online from this year.
Entrance tests which will now be conducted by the newly-formed Gujarat Technical University
(GTU) will be held online for the first time. To facilitate this, two centres will be opened in each district with 50-odd computers where students can give their test online.
Tests are scheduled to be conducted between June 1 to 15. The paper of each examinee will be different to minimise copying. It will also allow authorities to conduct the test in batches.
Source: Times of India.
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| MBA is still a ticket to success in the crunch |
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Summary:
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Latest career survey published by the Association of MBAs: state of 2,000 MBA holders' careers in June 2008 - most popular sectors in which graduates worked were finance and consulting.
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10 years after graduation: 39 % - senior managers, 13% - board directors, partners or vice-presidents and 11% - chief executives or presidents.
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Diane Morgan (Director, career services, London Business School) : banks, including Goldman Sachs, JPMorgan, Nomura and Merrill Lynch, are still keen to recruit MBA graduates, And basic salaries are holding strong, but too early to predict bonus pay for this year's grads. Competition is keener than ever before.
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New Trend of students starting their careers abroad rather than in London - might consider China, where, according to the survey, MBA graduates are in high demand - can expect to boost salary by 126% post MBA.
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As per the survey, worldwide, post MBA rise in average salary, immediately after graduation - 46%, 3-5 years later - 129 % and 6-10 years later - 208 %
- Av. salary for male MBA grads. in UK - £74,441 plus variable earnings of £27,179. Women - £59,309, with variable earnings of £11,230.
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Highest-paying sector- pharmaceuticals and healthcare (£97,889 average salary, plus £51,657 variable earnings), followed by finance.
- Graduates in US and Germany earned more on an average.
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Majority of graduates worked in general management or corporate strategy. But 41 per cent worked in companies with turnover less than £4.9million.
- By 2010 or 2011, perhaps, employment prospects may rise to previous levels.
Source: Times Online.
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| B-schools invite more cos to boost placements |
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Summary:
- Mumbai and Pune B-schools struggling to place students.
- B-schools taking initiatives like inviting more companies, counselling students.
- Placement officers need to double number of companies to place same number of students.
- Maharashtra Education Trust widens base of companies to 500 from 450 last year.
- SIBM increases number of companies to 80 from 50 last year, recruitment period increased to a month from 3-4 days last year.
- Sinhagad Technical Education Society invites double number of companies.
- Some colleges do not want to disclose placement statistics in order to avoid panic among students.
- Dr Kalyansundaram, Vishwakarma Institute of Technology, asks students to identify food, power, alcohol, networking or niche consulting sectors, which are always in demand.
- Students advised to consider company's variety of assignments over salary package offered.
- MBA (biotech) of the Department of Management, University of Pune organizes more guest lectures for additional input.
Source: Economic Times.
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| ISB gains 5 to 15 on FT index; IIMs not playing |
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Summary:
- ISB rank on Financial Times ranking of B-schools rises to 15 this year, from 20 last year.
- Only Indian B-School to figure among the top 20 on FT B-school rankings.
- Established in 2001 with batch of 126.
- Class of 2009 will have 440 students graduating in 2009.
- Batch to be increased to 560 for class of 2010.
- ISB's second campus at Mohali to commence classes in 2012.
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Rohit Kapoor, president of graduate student board at the ISB: "ISB introduced the one year programme , unique portfolio model of faculty, accepting students with prior work experience and diverse backgrounds, the GMAT score as a selection criterion, lateral placements, international quality research and several other initiatives. Being ranked fifteen ... is a validation of the ISB's effort to establish an international B-School located in India.
Source: Economic Times.
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| IIM-C looks to US to meet faculty crunch |
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Summary:
- IIM-C looking abroad to fill its massive faculty shortage.
- Prospective candidates from US identified, offers to be made soon.
- Candidates, having just completed Phd, ignore US campus offers for IIM-C.
- Vacancies to be rapidly filled since batch intake to be increased to 464 by 2010.
- 5 teachers to be added per quarter.
- At least 30 more members required immediately.
- Half these posts remained vacant for past decade.
- Students complaint, at times single faculty member addressed 110 students.
Source: The Times of India.
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| Business Schools Want You Now More Than Ever |
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| IIM-A calls1000 candidates for final lap |
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Summary:
- For final stage (GD&PI), IIM-A sent out 1000 call letters (up from last year's 850).
- 3,336 cleared IIM-A min CAT cut off.
- GD PI cut off not revealed.
- Less weightage to work ex than before.
- Final selection cut off for IIM-A raised up from last years 98%ile.
- Intake for 2009 batch set at 306 (up from last year's 300) due to rise in number of IIM aspirants.
- 112 seats reserved for disadvantaged sections.
- IIM-A interviews to commence around 2nd week of February.
- Unlike past, selection process to consider performance at secondary and higher secondary stages as well.
Source: Economic Times.
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| A rising tide is heading back home to India |
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Summary:
- Investment market mature in America. Indian's consider returning for more excitement.
- US to lose much knowledge and experience as researcher predicts that 100,000 Indians will return home in next 5 years compared with only 50,000 who returned in past 2 decades.
- Large number of NRIs want to set up companies in India.
- Should cause panic in Silicon Valley as 52% start-ups there since 1995 were founded by immigrants.
- More than 60 percent of the returnees in survey held a master's degree. One in five had a doctorate.
- Part of the push is due to backlogged immigration queues.
- Real pull is from the Indian economy's progress.
- According to McKinsey report, India's urban middle class will explode from 7 million households today to 87 million households by 2025- larger than entire projected population of US by then.
- Almost 70 percent of the returnees in the survey believed that India now provides better career opportunities.
Source: San Francisco Chronicle.
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| IITian chooses factory over IIM |
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KOLKATA: While IIT engineers are once again lining up for CAT interviews at the IIMs, the probable state topper in this year's CAT says he likes
the sweat and grime of factories better. In all probability, Chaitanya Tambay of IIT Kharagpur would join an ITC factory, though he has already received interview calls from all the six IIMs.
The Nagpur boy has just completed four gruelling years at IIT Kharagpur and feels all this hard work should not go down the drain as an MBA degree would get him a job that would be far removed from his engineering experience. Chaitanya has always been a bright scholar at the mechanical engineering department of IIT Kharagpur and has just bagged a job at ITC through campus placement and is looking forward to joining them soon.
Source: The Times of India.
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| Financial service staff take time off to pursue MBA course |
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MUMBAI: For those who hold jobs in the banking, financial services and insurance (BFSI) sectors, it could be the perfect time to take a productive break. With the growth story of these sectors cooling off, those employed in these sectors think it is a good time to move to a B-school. With the BFSI sectors going through little or no hikes in salaries and no talk of a bonus, this is probably the best time to get an MBA degree.
Source: The Economic Times.
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| Anna varsity outsources all its exams |
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New Delhi: Even as the premier Indian Institutes of Management (IIM) debate contracting out their common admission test (CAT), a state university in Tamil Nadu has gone ahead and outsourced its examinations.
A first for higher education in India, the move aims at reducing operational costs and avoid the all too frequent testing and evaluating errors of manually conducted examinations that can hurt students' careers.
Examinations at the Anna University in Coimbatore are now being conducted by a computerized integrated examination management system (IEMS) that was launched on 15 December, and has since been used to conduct semester examinations for 32,000 students in 107 engineering and management colleges.
Source: Live Mint.
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| MAT Feb 2009: List of participating institutes |
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| B-school students give "call for arms" |
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LUCKNOW: The Indian Institute of Management (IIM)-Lucknow, has launched flagships events of Manfest 09, the annual business conclave. The events are
Call for arms: The Battle of B-schools; The next CEO: Leader in the making; and Prerna: The social awards.
While `Call for Arms' will see teams from select B-schools battling it out to win honours for their respective institutes, `The Next CEO' is all about proving ones mettle in the various functional domains of management and coming out on top from among some of the best minds of the country. In line with Manfest 09 theme -- Sustainable development, fuelling the future -- Prerna is IIM-Lucknow's initiative to felicitate those in the corporate world doing commendable work at the grass-root level to foster sustainable development.
The final rounds of all the events under Manfest will be held from January 16 to 18. For details, interested candidates can log on to IIM-Lucknow website.
Source: The Times of India.
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Students benefit as B Schools share faculty |
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MUMBAI: MBA aspirants hoping to bell the CAT (Common Admission Test) later this month need not despair if they fail to make it to the Indian
Institutes of Management (IIMs). Chances are they will be taught by an IIM professor even if they are not studying in an IIM.
Top professors at India's best B-schools are often acting as visiting faculty in other management institutions where they give lectures, and sometimes even teach an entire course. For B-schools, this is a stop-gap solution to the acute faculty crunch staring them in the face, with industry pay-scales more lucrative than those offered by academics.
Source: The Times of India.
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CAT women on the rise |
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With number of aspirants to the Indian Institute of Management (IIM) increasing each year, the number of women attempting the common admission test (CAT) has also seen a steady rise over the years. This year, of the 2.76 lakh candidates taking the exam, nearly 54,000 are women.
"Traditionally, IIMs in Bangalore and Ahmedabad have had more women aspirants than in other centres," said Shiv Kumar, director, Career Launcher
Source: DNA India.
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MBA CAT Videos |
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As part of our ongoing initiative to reach out to students and provide them with 24×7 support and guidance, we have compiled all our videos (on CAT preparation) on YouTube and made them available in a new free-to-use and easy-to-browse website.
It is a free resource and you should be able to browse through by simply clicking on the appropriate section and topic links given on the left of the website.
Source: http://mbacatvideos.careerlauncher.com.
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IIM-B to increase intake by 150 |
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BANGALORE: Amid the doom and gloom comes some good news, more so for those preparing for the Common Admission Test. The Indian Institute of management, Bangalore, one of the most-sought-after B-schools in the country, will increase its intake by 150 from the next batch.
On the sidelines of the 35th Foundation Day, Pankaj Chandra, director, IIM-B, told reporters of this 150, 75 are for post-graduate programmes (PGP) and the rest for the one-year executive programme.
Source: The Times of India.
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Manage new IIMs like Corporates: Panel |
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CHENNAI: A high level committee has said that the six new Indian Institutes of Management (IIMs), proposed in Tamil Nadu, Jammu and Kashmir, Jharkhand, Haryana, Chhattisgarh and Uttarakhand, "should function on the pattern of the most modern corporates, in terms of administration and financial process."
Besides, they must be established keeping in mind the future demands. Recommending a corporate structure, the IIM review committee headed by R C Bhargava, chairman, Maruti Suzuki India Limited, has said "where possible, outsourcing possibilities should be seriously considered. Common systems and processes should be developed for the six new IIMs. Since some degree of modernisation is also required in these areas in the old IIMs, they too could benefit from the development work."
Source: The Times of India.
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Finance no longer a buzzword in B Schools |
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CHENNAI: As banks and financial institutions across US and Europe continue to collapse like nine pins, finance is no longer the buzz word in B-school campuses. At the Indian School of Busines (ISB), Hyderabad, new sectors like healthcare and retail are becoming a big draw amongst students. "Many students from our institute go for a major career shift on completion of the course," says Bhuvana Ramalingam, senior director, communications, ISB.
Ramalingam says that students are exploring opportunities in other sunrise sectors such as pharma and retail. "In any case, companies like Goldman Sachs and Lehman Brothers were never big recruiters from our campus even in the past," adds Ramalingam. Nevertheless, the ongoing financial crisis has ensured that a career in finance is not longer bankable. As Anuradha Venkatesan, a freshman who is pursuing MBA at IIT Madras puts it candidly, "Many of us were looking at finance as an option, but the current market scenario has lowered our hopes."
Source: The Times of India.
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Strict screening of CAT forms may lead to more rejections |
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AHMEDABAD: It's considered to be the toughest entrance test for any B-school across the world. Now, it's about to gain a distinction for being tough on the applicants too, right at the screening stage itself. That's the new avatar of CAT for wannabe honchos.
While the number of CAT applicants has gone up by a record number, from 2.30 lakh in 2007 to close to 3 lakh in 2008, the number of rejections too are set to be higher this year, thanks to a stringent admission procedure. Unlike before, this year applications are being rejected without notice. Usually, forms are rejected when applicants fail to attach relevant documents along with the application form.
Source: Economic Times. |
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IITs, IIMs focus on IP education |
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As part of the Ministry of Human Resource Development's (MHRD's) focus on Intellectual Property (IP) education, the Indian Institutes of Management (IIMs) and Indian Institutes of Technology (IITs) have been working to promote awareness of the issue.
"We had proposed intellectual property research (IPR) chairs for three IIMs IIM, Ahmedabad, Bangalore and Calcutta and five IIT Kanpur, Kharagpur, Delhi, Bombay and Madras. Currently, the grant released is Rs 20-25 lakh per year. Collaboration with the higher education institutes for IP will aid growth," says G R Raghavender, registrar of copyrights and deputy secretary (book promotion and copyrights), department of higher education.
Source: Business Standard. |
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IIM Admissions: Record 2.9 lakh CAT forms sold |
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The rat race to bell the CAT will only get tougher this year. The Indian Institutes of Management (IIMs) have sold a record 2.9 lakh forms for the Common Admission Test (CAT) to be held on November 16 across 23 cites this year.
Despite a hike in the CAT application fee, the sales figures have surged by 50,000from 2.4 lakh to 2.9 lakh forms this year. Of this, 2.73 lakh candidates have submitted forms to the seven IIMs to crack the three-hour test. Last year, IIMs sold 2.4 lakh CAT forms but only 2.09 lakh candidates appeared for the test.
Source: Express Buzz
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CAT scores will now be available through SMS, email |
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Ahmedabad (PTI): Scores of the Common Entrance Test (CAT) conducted by Indian Institute of Managements (IIMs) will now be available through SMS and email.
"Getting CAT scores through SMS and email is an option introduced by us to decrease the pressure on our website where the results are available online," Head of the IIM-Ahmedabad examination committee Satish Deodhar said on Thursday.
"When the CAT results are announced, lakhs of candidates log on to the IIM website to know the results. This puts a lot of load on the website," Deodhar said.
"So, we have decided to introduce the service that would allow the candidates to know their scores by sending an SMS or putting up a request through email. We have mentioned these options in this year's CAT information bulletin itself," he said.
Source: The Hindu.
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Chances of IIM seat get slimmer |
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Only one out of every 175 students who take the Common Admission Test will make it to the Indian Institutes of Management this year. The logic, note experts, is simple. Around 300,000 students are slated to appear for CAT this November.
Only 4,000 to 5,000 get an interview call going by the last few years' data. However, there are only 1,700 seats (last year, it was 1,500) for the next two-year management programme (2009-11), which warrants further elimination.
Despite such slim chances, industry players believe more students will try to crack CAT as the job situation is not at its best. The increase in the number of students taking the CAT exam this year will be around 20 per cent over last year when an estimated 250,000 students appeared for the exam.
"We believe more students will appear for CAT this year considering the slowdown and the fact that jobs will be at a premium. We had seen a similar situation in 2001, when there was an almost 100 per cent jump in the number of students appearing for CAT," said Shiv Kumar, director, Career Launcher, an MBA test-preparing institute.
Source: Business Standard
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PwC and IIM-C join hand to offer IFRS training |
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Auditing firm PriceWaterhouseCoopers and Indian Institute of Management - Calcutta on Tuesday signed an agreement to launch dedicated executive programmes on International Financial Reporting Standards which will be adopted by India by 2011.
PwC and IIM-C will also develop the concept and position papers on various IFRS-related technical matters and industry related issues, beside delivering training, PwC Partner and National Leader on IFRS Kaushik Dutta said during the media announcement.
IIM-C will run a executive programme on IFRS jointly with PwC in order to update finance and accounts executives on new set of reporting, IIM-C Dean Prof Saibal Chattopadhayay said.
IFRS is the standard which would be adopted by more than 100 countries in next few years and financial reporting by an organisation under this format would be acceptable globally.
Source: Economic Times
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IIM Ahmedabad to launch carbon finance course |
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After the Indian Institute of Management, Lucknow (IIML), it is now the turn of IIM Ahmedabad to launch a programme on environmental management strategies with special focus on carbon markets, a market in which India is now the second largest seller in the world.
The Indian Institute of Management (IIM)-Ahmedabad will introduce the carbon finance course this academic year.
The course is aimed at providing conceptual and practical understanding of the anthropogenic forces causing climate change, the global legal and institutional framework and mechanism to deal with it, and the dynamics underlying carbon finance, P.R. Shukla, one of the course instructors, told IANS.
IIML is already offering a management development programme (MDP) on corporate environmental management and carbon markets.
Source: Economic Times
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IIM-A grads to work with CPI-M leader |
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Indian Institute of Management graduates are often accused of ignoring politics and public affairs in pursuit of high-flying careers. However, students are beginning to reach out to the wider world by opting for summer internship with political parties.
In a unique initiative, students from IIM-Ahmedabad will work with Communist Party of India - Marxist politburo member Sitaram Yechury and help in planning for the Member of Parliament Local Area Development Scheme this year. They will be involved in the National Rural Employment Guarantee Scheme and Sarva Shiksha Abhiyan.
Provisions of the Right to Information Act will be analysed. Students will assess funds spent by the constituency and create a monitoring system for the performance of the NGOs and local bodies. Talks are on with other politicians for a similar project.
Source: Business Standard |
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IITs, IIMs to assist Government in rural employment scheme |
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New Delhi: The Indian Institutes of Technology (IITs) and the Indian Institutes of Management (IIMs) will help the Government in implementing its flagship Rural Employment Scheme.
Besides the IITs and IIMs, many other universities and professional institutions have agreed to support the rural development ministry in implementing the United Progressive Alliance (UPA) Government's National Rural Employment Guarantee (NREG) scheme.
"The IITs may provide assistance for preparation of works manual and quality control guidelines for NREG. It will also provide technical inputs for improvement in NREG works, besides helping create a model for work convergence with other government programmes," an official said.
Source: IANS |
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IIM-A awaits 'professor' Kalam's special classes |
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Ahmedabad: Reducing the urban-rural divide, energy security and water conservation - these are some of the themes former president A.P.J. Abdul Kalam will be teaching at the Indian Institute of Management, Ahmedabad (IIM-A).
And students and faculty are eagerly waiting for his special classes to start.
'The process has already started and 70 students have been admitted to the course 'Globalising a Resurgent India through Innovative Transformation' (GRIT) which Kalam will begin teaching from September 12,' said IIM-A professor Anil K. Gupta.
The special course, which is in tune with Kalam's vision for India-2020, is for second year students of the post graduate programme for executives, the post graduate programme in agri-business management and for foreign students.
Source: IANS |
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IIMs, students take to Dual Degrees |
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International exposure and the opportunity to learn things not usually
taught
in a single institute make double degrees valuable.
A management degree is no more complete with the stamp of just one good
Indian or international college on it. With recruiters preferring students with
diverse education profile, quite a few institutes are offering dual-degree or
double-degree programmes in collaboration with foreign institutes.
The programmes allow the student to complete the first year in India and
the second year at a foreign institute.
Source: Business Standard.
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IIM-A Topper turns vegetable vendor |
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A topper from one of India's finest B-school has turned into a vegetable vendor, but of course there is more here than that meets the eye.
After being at the top of his management class at IIM - Ahmedabad,
Kaushlendra should have been sitting in an air conditioned cabin pulling
a hefty salary at a multi-national company. Instead, he stands in the
sweltering heat of Patna - selling vegetables.
Kaushlendra reacts to his profession says, "Every one seems to be migrating from here, I wanted to do something for my people."
Source: Times Now TV. |
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IIM-C rejigs PGPM curriculum |
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IIM Calcutta has restructured its PGPM (post-graduate programme in
management) curriculum. In accordance with the decision of the academic
council of IIM Calcutta, the erstwhile academic groups comprising environment,
sociology and regional development have been merged into one entity called
Public Policy and Management (PPM), a multi-disciplinary group of researchers
and teachers.
The Academic Council has also decided that all the faculty members of the
three academic groups and the Centre for Development and Environment
Policy would become members of the newly-formed group. The PPM group
aims to address challenges of policy innovation, governance for public service
delivery, relationship between government and industry, and try to influence
public policy through high quality academic research and consultancy for policy
analysis and programme evaluation.
Source: Economic Times. |
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SC gives go-ahead to OBC admissions in IIM-C |
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The Supreme Court on Friday quashed a Calcutta High Court interim order
that stopped implementation of 27 per cent OBC quotas in post-graduate
courses, including the ones in the Indian Institutes of Management.
The Calcutta High Court was hearing a plea challenging OBC quotas in
post-graduate courses by a student who is to appear for an interview for
admission to the IIM-C.
"The Central government request to this extent that no HC in India can
interfere with 27 per cent OBC matter was rejected. SC refused to pass a
blanket order restraining or fetterinng HC in India," said SC lawyer, M L Lahoti.
Source: IBN Live. |
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From 2009, you can bell the CAT online |
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MUMBAI: The common admission test (CAT) will
finally go online from 2009. The Indian Institute of Managements (IIMs),
including the Rajiv Gandhi Indian Institute of Management, Shillong,
issued a pre-qualification bid on Monday inviting service providers,
IT firms specialising in assessment and testing services, for computerisation
of the CAT exam. ET reported this first on October 24, 2007.
The decision will benefit thousands of students who take CAT each year. Last
year 2,30,000 students appeared for CAT and the numbers are expected to increase
to more than 3,00,000 in 2008. According to sources, the IIMs are contemplating
conducting CAT
Source: Economic Times |
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IIM-Ahmedabad triples fee to Rs 11.5 Lacs |
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Studying at India's premier B-school will now be at a premium cost. The Indian Institute of Management-Ahmedabad (IIM-A) on Saturday hiked its fee almost three times to a whopping Rs 11.50 lakh for its flagship two-year post-graduate programme (PGP) in management.
The hike - coming soon after IIM-Calcutta and IIM-Bangalore raised fees - has set off an all-round hike even for tier-II management schools with institutes like MDI, Gurgaon, TA Pai Management Institute, Manipal, SP Jain, Mumbai, and Goa Institute of Management too taking their fees northwards. Most of these institutes have hiked fees ranging from Rs 1 lakh to Rs 2 lakh for courses.
Source: The Times of India. |
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Locations for 8 new IITs, 7 IIMs announced |
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The Ministry of Human Resource Development (HRD) today announced the locations of eight new Indian Institutes of Technology (IITs) and seven Indian Institutes of Management (IIMs) along with 30 Central and 'world class universities' to be set up in the country during the 11th Plan period.
Out of the eight IITs, first announced by Prime Minister Manmohan Singh in his Independence Day speech, one IIT would be set up at Indore in Madhya Pradesh while Orissa, Gujarat and Punjab would get one each.
Source: Business Standard. |
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IIM-K Mentorship Program is a runaway success |
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On 9th Jan 2008, IIM Kozhikode’s Students’ Council
launched an online mentorship program to provide candidates short listed
by IIM-K for GD/PI stage a platform to discuss, share and get feedback
on issues and queries related to their preparations.
"The best part of the program was individual mentors, who are
willing to discuss issues online, on chat instead of asking for mails,
making things faster and communication better", a mentee pointed
out.
With 1000 registrations, the program has turned out to be a runaway
success. “We plan to improve the program based on feedback from
the aspirants", promised Gautam Bhat, a Students' Council member. For more information, visit |
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GD/PI Helpdesk for IIM-B Call Getters |
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The Academic Council of IIMB is proud to announce its GD/PI mentorship
programme for those with IIMB calls.
Just drop in a mail to mentorship.iimb@gmail.com with
the subject as
“GD/PI mentorship.”
The subject of the mail should be of the following format: Name;TestRegistrationNumber, with a SEMICOLON as the delimiter
between
your name and TR Number.
e.g. If your name is Shilpa Agarwal, and your TR No. is 5147784, the
subject of the mail should be
Shilpa Agarwal;5147784 |
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ISB ranked 20th best B-school by Financial Times |
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Indian School of Business has been ranked 20th amongst the top B-schools
of the world by Financial Times, London.
No other premier management institute in India has ever found a place in
the Financial Times rankings which has ranked ISB as 20th best globally.
"We wish to see many more Indian B-schools follow the trend and reach
where we are today, or even ahead of us," said ISB Dean M Rammohan Rao.
He further added, While the average student experience at ISB is 5 years,
the IIMs have students with a lesser experience, as such, the two are
non-comparable.
"We are proud to have played a part in positioning India on the global map
of business education. The FT ranking raises the bar even higher for ISB,
and we are equipped to meet future expectations," ISB Deputy Dean
Ajit Rangnekar said.
Source: Economic Times |
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Fee hike at IIMs |
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The next session at IIMS will welcome new students along with a steep hike.
IIM-Ahmedabad and IIM-Bangalore, IIM-Calcutta are all set to increase its
course fee for the 2008-2010 academic session.
While IIM-Ahmedabad will have a steep hike, IIM-Bangalore and IIM-
Calcutta will go with moderate fee hike. IIM-Ahamedabad is expected to
raise its fees to Rs 3 lakh for the 2008-2010. IIM-Bangalore is likely to
raise its fee from the present Rs 2.5 lakh to Rs 2.75 lakh.
The respective Board of Governors at IIMs will have the final decision
regarding the fee hike. IIM-C board will meet on February 26. The institutes
have already started examining parameters to know the amount that needs
to be increased.
The three IIMs have decided to increase their flagship two-year PGP
programme tuition fee despite reservations being voiced by HRD ministry
officials, who are slated to press for smaller hikes at the board meetings.
Source: Hindustan Times |
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Government’s eye on AICTE |
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The HRD ministry will be reviewing the functioning of the All India Council
for Technical Education (AICTE). As the watchdog for technical education,
AICTE has been deeply criticized for its unfair practices in the past.
While AICTE is known to have approved dubious institutions, it has not
yet recognized Indias premier institutes like Indian School of Business
(ISB), Hyderabad, and SP Jain, Mumbai.
Ajit Rangnekar, ISB Deputy Dean, said, We are delighted with the
governments stand. We will actively support the governments move of
high standards in education. Our committee will make a measured response
in due course. It is too early to comment on the suggestions, but we are
likely to submit our recommendations by the first week of February.
The committee that will look into the procedure will be headed by Janardhan
Dwivedi, a member of Parliament. The standing committees views shall be
the final.
Source: Economic Times |
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Record summer placements at SJMSOM, IIT Bombay |
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SJMSOM, IIT Bombay has witnessed excellent summer placements for the
year 2007. There was a huge participation of the companies from various
domains who were bowled over by the student quality at SJMSOM. There
has been an increase of 80% in the number of companies coming to
campus for summer placements. ICICI Bank and US Technology led
the way amongst other renowned companies that visited the campus.
Others recruiters include P&G, UBS, HSBC, American Express, HP, Cargill,
Coca Cola, Enam, Britannia, GE, Cargill, Marico, LOreal and RPG.
The highest stipend offered was Rs.1.2 lakh excluding benefits.
Read the full report
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The student portal of IIM-K gains popularity amongst MBA aspirants |
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The student portal of IIM-K, iimklive.com has
gained huge popularity
amongst the MBA aspirant ever since its launch.
The portal showcases
the life at IIM-K in the truest sense and it’s
excellence in various academic
fields.
An interesting addition on the portal is the Mentorship @IIMK 2008.
This initiative provides the IIM Kozhikode GD/PI call getters an access to
all the information related to the GD/PI. Mentors ensure that IIM-K specific
queries, from academic to campus life, are explained thoroughly to the
aspirants.
The students can register on http://mentor.iimklive.com for
all the information on GD/PI at IIM-K. Further information to the shortlisted students will be communicated through the same website.
Source: IIM-Kozhokide
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MBA, the hottest degree: Study |
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MBA talent is the hottest pick for the recruiters. The UK is now paying the
highest salaries for MBAs worldwide.
Asian students are among the highest GMAT scorers in the world. China is
the hottest market as more and more MBAs are joining Chinese companies.
The Top MBA International MBA Recruitment and Salary Report 2007,
made available to TOI, reveals a few interesting trends in the MBA industry.
Biren Patel of Quacquarelli Symonds, the world's leading network for top
careers and education which conducted the survey said, In most countries,
the survey has shown that there is a rise in demand for the MBA course,
specially among people who seek a career change or who wish to start
business."
Chris Higgins at Wharton says, "MBA candidates need to remain flexible
about career aspirations." It is the consulting and financial services which
will account for 50% of MBA hires at many B-schools, even in the future.
Source: Business Standard
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Petroleum universities on a boom |
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Oil firms have joined hands with the government to set up petroleum
universities,. These would cater to the growing demand for specialised
engineers and managers for the sector.
The recently launched Pandit Deendayal Petroleum University (PDPU) at
Gandhinagar, is promoted by the Gujarat State Petroleum Corporation.
The university is supported by Mr. Mukesh Ambani. Ambani has promised
to help it become the worlds top university soon.
The University of Petroleum and Energy Studies, Dehradun, has CMDs
and MDs of companies such as Hindustan Petroleum, Bharat Petroleum
Corp, Indian Oil Corp and Petronet LNG on its governing council.
From next year onwards, we might see around 600-700 students armed
with bachelor and master degrees in engineering and management
studies in major oil companies in India.
The oil companies have been facing a steady shortage of qualified
personnel at higher levels. In a recent study conducted by Pricewaterhouse
Coopers for Petrofed, the gap between the availability and requirement
of trained manpower in India is projected to be about 36,000 by 2019,
and the existing institutes may not be adequate to meet the increasing
requirement of technical manpower in the petroleum sector.
Source: Economic Times |
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IIM-B announces details of 2008 admission selection criteria |
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IIM-B has revealed the process used for selecting
candidates for its 2008-10 PGP batch. In a document available on the institute's website, the institute has clarified details of the criteria used for selecting candidates across the two stages of the admission process.
Source: IIM-Bangalore |
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CAT
to go online, likely to be held three times
a year |
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The CAT Committe of the IIMs is considering a big change for the Common
Admssion Test (CAT). The committee is considering to hold the test online.
Another proposed change is to conduct the test thrice a year.
Read the complete story here.
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Source: Economic Times |
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More seats in IIMs from 2008-10 batch |
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The IIMs are going to increase the student intake for the 2008-10 batch.
While IIM Bangalore will be increasing the batch to 300, at IIM Ahmedabad
the number of seats is likely to go up by 60.
Read the complete story here. |
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Source: Economic
Times |
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Small entrepreneurs, big future |
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The top business schools and educational institutions are all set to help
small and medium enterprises accelerate their growth in the country.
New courses, research programs, seminars and discussions at these
schools aim at providing the SMEs with adequate resources at the right
time by building a strong network base.
Seeing the growing importance of SMEs in Indian economy as well as its
role in the external trade IIFT has come up with a separate Centre for
SME Studies. Dr K Rangarajan, Head of the Kolkata Campus, IIFT, explains,
" The major objectives of the Centre for SME Studies include imparting
training on management functions; sector specific tools and methodologies
for the growth of the business; and trade related issues. It also acts as a
platform for the convergence of other support & services institutions to
ensure greater benefit for the SMEs.
The Indian Institute of Entrepreneurship (IIE), established in Guwahati
by the Ministry of Small Scale Industry, is another institute that focuses on
the growth of SMEs. Tarali B Chakravarty, a Research Associate & Faculty at
the IIE, points out that, "Obsolete technology, lack of qualified
entrepreneurs or lack of resources and sources of information to access
global opportunities are posing greater threats for SMEs with the advent of
globalization."
Source: Economic
Times |
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IIT-K helps Bhutan to set up management school |
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A five-member delegation from Royal Bhutan University,
headed by Vice-Chancellor, Dr. Dasho Pema Thinley, visited IIT-Kanpur
to seek help on establishing a management institute in capital Thimpu.
According to Professor Kripashankar, Acting Director, IIT, the issues
discussed by the delegation were related to faculty and student exchange
programme, development of curriculum and IIT internships for Bhutanese
students during their visit.
IIT-K will be designing the curriculum for its MBA course. It
will also develop the infrastructure of the institute and arrange for
its faculty.
"The delegation met with professors of different departments,
management students and also collected detailed information about management
courses", said K V Satyamurthi, Assistant Registrar, IIT
Kanpur.
Source: Economic
Times |
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Placement offers flood IIM-B |
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Six months away from the its final placements,
IIM-B has already received seventy PPOs for a batch of 250 students-
the highest amongst all IIMs.
According to the IIM-B Student Media Cell, recruiters include major
consultancy firms and investment banks like McKinsey, The Boston Consulting
Group (BCG), Bain & Co, A T Kearney and Trilogy. These firms have
made PPOs to all the summer interns they hired from the IIM-B campus
last year.
Investment companies have all made PPOs to their interns who worked
across locations like London, New York and the Asia-Pacific. The names
include Goldman Sachs, Lehman Brothers, Deutsche Bank, ABN Amro, HSBC,
JP Morgan, Merrill Lynch, BNP Paribas, Barclays Capital, Citigroup
etc.
Marketing companies like HLL, P&G and Marico are also offering
good positions to the students after the internship.
According to sources, the highest salary offered last year by
foreign recruiters touched a whopping US $ 2, 20,000.
Source: Deccan
Herald |
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Subtle marketing for B-schools |
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Leading business schools like the IIMs,
Indian School of Business (ISB), SP Jain, Institute of Management
Technology(IMT) and others are recognizing the plausibility of 'subtle
marketing' for their post graduate programmes in management.
IIM-A had held road shows to market the programme in UAE and China
for its PGPX program. It also took up Internet marketing considering
that for most people abroad web serves as the first information
source. Besides contacting media representatives abroad IIM-A also
made separate brochures for the overseas students.
Similarly, the Indian School of Business
(ISB) Hyderabad, participates in a World MBA tour to the US and
UK. In its 'Inside India' programme students from foreign universities
are invited to the Hyderabad campus.
Their aim is to create a brand. “Otherwise why do people want
to go to universities like Harvard?,” asks Arvind Sahay, Chairperson
of PGPX at IIM-A.
Source: Business
Standard |
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Rural mid-day meal for Harvard students |
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The mid-day meal programme of rural India
would be taught as a time management case study at the The Harvard Business
School (HBS).
A team that last year visited India carried out a field study on the programme.
They said that the time management in the mid-day meal programme can be
observed from preparation of meals to collecting the vessels.
The team studied the mid-day meal scheme in urban centers of India. There
were centralized kitchens and the food was distributed within a few hours. “Any
delay at any level can disrupt the entire chain and can lead to chaos.
It is because of this precise time management that the scheme is running
so well in Indian cities,” said Ellis, a student of the business
school.
In Bangalore, once the food is ready, the food is distributed to approximately
3,000 government schools within two hours. Each van is assigned certain
schools for the distribution of food.
Chanchalapathi Das, vice-chairperson of Akshaya Patra, the NGO that runs
the scheme in Bangalore says, "The vans deliver the meal in each school
and then waits at the last school for children to finish the meal. On its
way back, it collects the empty vessels.”
Source: Hindustan
Times |
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IIM-C, IIT-K and IIT-M launch program in manufacturing |
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The three top institutes have teamed up to offer
a post-graduate program in manufacturing. Called PGPEX-VLMP, the program
is targeted at executives with prior work experience.
It is a 1-year, full-time residential program that will focus on developing
leaders for the manufacturing sector. The program will also be supported
by the Japanese government through facilitation of lectures by Japanese
manufacturing experts and visits to Japanese centers of manufacturing
excellence.
The program will also have industry support through internships, sponsorships
and industry visits.
Source: Economic
Times |
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New course for agri-business launched |
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Rural Management Consultants Pvt Ltd. has announced
the launch of a distance-learning agri-business program for working executives.
The first of its kind program will offer a two-year diploma.
The focus of the program will be on teaching practical knowledge that
is much in demand with large corporates keen to make headway into rural
India. Companies such as include Pantaloon Retail, Monsanto and Rallis
India have already shown interest in sponsoring their employees for
this program.
The team behind the program comprises IRMA alumni and faculty, as
well as several IIM faculty. Everyone involved with the program are
active participants in the industry.
Source: Business
Standard |
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Welingkar to offer team-work tips through Janamashtami |
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Faculty and students at the Welingkar Institute
of Management Development and Research will get some first hand experience
of ‘team spirit’ through traditional Janamashtami celebrations
On September 4, the team from Welingkar will participate in traditional
Janamashtami celebrations at Thane. Traditional celebrations are synonymous
with the human pyramid that exemplifies team work – each link
is vital to the success of the team.
The event is part of the institutes ‘outbound program’ that
encourages learning by doing.
Source: Indian
Express |
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Increase in overseas applications for IIM-A |
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IIM Ahmedabad has found global takers for its
PGPEX program. This year the number of overseas applications for the
one-year program has increased by 23%. The PGPEX program is aimed ad
mid-level managers, with at least 7 years of work-ex.
For a total of 100 seats in the program, IIM-A received 1,347 applications,
311 of which are from overseas candidates. The average age of applicants
is 27 years.
Source: Live
Mint |
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IIM-Bangalore announces selection criteria for 2007 |
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IIM-B has revealed the process used for selecting
candidates for its 2007-09 PGP batch. In a document
available on the institute's website, it was also announced that the
process followed for 2008 - 2010 will be roughly similar.
According to the information released by the institute, the first shortlist
of candidates was based on candidates scoring the minimum section-wise
cut-offs. All other criteria were only taken into consideration once the
candidates had cleared the cut-offs.
For example, for General category candidates, the cut-off for each section
was 85%, while the overall cut-off was 90%.
While the document itself may look complicated, the main point for CAT
2007 aspirants is that they shouldn't worry too much about the selection
criteria. Just focus on cracking CAT and clearning the minimum cut-off
by a comfortable margin.
Source: PGP
Admission Process for IIM-B Batch of 2007 |
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IIM Shillong to begin operation in 2008 |
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The 7th Indian Institute of Management, IIM Shillong
will begin operations from academic year 2008 – 2009. The institute
will be called the Rajiv Gandhi Indian Institute of Management (RGIIM),
and will be situated on a 120 acre campus. In its first year, the institute
will admit 60 students. This will be increased to 120 students in its
third year and 180 students in the sixth year.
Initially the institute will offer a two-year full-time program in
management (PGPM). In future the institute also plans to offer short-term
programs of local relevance on subjects such as tourism, horticulture
and hydel power.
However, the institutes name was missing from the CAT Bulletin issued
by the IIMs on July 21. The CAT Group will issue a notification about
the Shillong institute shortly.
Source: Business
Standard |
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IIM-L launches IPMX program at Noida |
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Indian Institute of Management, Lucknow has announced
plans to offer a full-time, one-year, residential executive MBA program
at its upcoming Noida campus. The focus of this program will be to train
aspirants with prior work experience for leadership roles.
The International Program in Management for Executives program will
focus on developing the students’ understanding of the Indian
and international business environment. IPMX will facilitate their
understanding of business, at both functional and strategic levels.
Admission to the program will be through GMAT scores. IIM-L will consider
scores obtained from 1st January 2004 to 20th November 2007.
Application dates
Source: MBAUniverse.com |
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