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9,000 candidates appear for K-MAT

2011-07-25T22:48:00.000-07:00

BANGALORE: Nearly 9,000 students appeared for the Karnataka Management Aptitude Test (K-MAT) 2011 conducted by Karnataka Private Post-graduate Colleges Association (KPPCA) for entrance to MBA and MCA courses, at 14 centres across the state on Sunday.

Nearly 10,000 students had applied for the K-MAT of which 85 per cent attended the test, said representatives of KPPCA.

Around 2,000 students took the tests for both MBA and MCA.

Spot admissions were available in Bangalore alone, where K-MAT had four centres. Nearly 700 students took the test in the Bangalore centres. The next largest spot admission for the test was registered in Mangalore, where 150 students walked in.

In an attempt to bring down the number of aptitude tests, the AICTE had asked colleges to accept scores only from a specified number of exams. However, with this exam being conducted towards the end of all the exams, it is said that the students faced exam fatigue.

The scores from K-MAT would allow students to apply for 148 colleges, which are affiliated to Universities in the state approved by All India Council for Technical Education. The students will also have to pay a tuition fee of Rs 50,000 to the private colleges.

Admission agents held for duping NRI of Rs. 11 lakh

2011-07-25T22:45:00.000-07:00

Pune: Two college admission agents have been arrested by the Anti-Extortion Cell of the Crime Branch for duping a Non-Resident Indian woman. The police said the two disappeared after taking Rs. 11 lakh from the woman to secure admission for a relative of hers in an MBA course in a reputable educational institute in the city.

The suspects were identified as Shishir Ravikant Gupta (24), hailing from Farukhabad district of Uttar Pradesh, and Rajiv Shrivastav (22).

Gupta was arrested on Tuesday and remanded in police custody till July 15, while Shrivastav was arrested yesterday and is to be produced in court today. The complaint was lodged by Meher Nigar Shakeel Siddique, an NRI currently residing in Wanawadi.

"Gupta had started his Siddhivinayak Educational Services recently and claimed to get admissions secured for various courses, including MBA. Gupta had also started a few websites. Gupta had his office registered at the address of Palace Orchid on NIBM road in Kondhwa and Tulip Vila on Undri-Kondhwa road," Police Inspector Sachin Sawant said. "He used to change his address after taking money from interested candidates."

The police officer said Siddique had paid Gupta in Indian and foreign currencies. "Siddique got to know about Gupta's services after which she asked him to secure admission in the MBA Finance course for a relative, Nabila Rashid of Delhi," Sawant said. "We have recovered Rashid's mark-sheets and other documents from Gupta's possession."

MBA-III Examination Results-2010 has announced by Jammu University

2010-07-12T21:32:00.001-07:00

Jammu University has declared the MBA-III semester Examination Results-2010. Results has been published on the official website of the Jammu University.

Students can check their results of MBA 3rd semester Examination Results-2010 on the official website of the official website of the Jammu University.

The official website of the Jammu University is: www.jammuuniversity.in/.

Jammu University was established in the year 1969. University of Jammu was established by an Act of the State Legislative of Jammu & Kashmir. Jammu University is located on the bank of Tawi River. Jammu University offers under graduate programms, post graduate programms and doctoral programms to the students.

Jammu University has set up the satellite campuses in Kathua, Poonch and Bhaderwah for vocational courses.
For more information related to the results and Jammu University, visit the official website of Jammu University.

MBA Students May Learn How To Avoid Another Economic Catastrophe

2010-01-06T02:18:00.003-08:00

While it's been no secret that the economy has caused many people to shy away from the business world, some people are using an MBA program to look into other areas for a career change.

Some individuals may feel that they cannot get ahead in their current field, which is why they may decide to switch careers, furthering their education to do so, according to the Wall Street Journal.

The Financial Times reports that many business schools are learning from the mistakes of the current economy, and incorporating new ideas into their MBA programs to teach students how to properly succeed in business. The hope is that these new ideas will help keep another economic meltdown from occurring.

"Every business school is thinking: what can we learn from this?" John Fernandes, president and chief executive of the Association to Advance Collegiate Schools of Business, told the news provider.

An MBA program could be a great way to get ahead in the working world. While it may provide you with the knowledge to keep business afloat, it may also offer ways to properly market yourself to potential employers and business opportunities.

MBA held for producing fake certificate to get US visa

2010-01-06T02:18:00.001-08:00

CHENNAI: An MBA graduate was arrested on Monday for producing a fake IT experience certificate at the US Consulate here to get a visa.

The police said B Prashanth of Andhra Pradesh after getting the certificate, for Rs 4,000 in Hyderabad from a man called Satish Reddy, was called for an interview here on Monday. During the interview, he gave doubtful information about his work experience. When interrogated further, he confessed that he had completed his MBA and obtained the fake certificate through his friend.

Prashanth said he had not found any job in Andhra and planned to fly to the US in search of employment. As advised by a travel agent, he included a fake experience certificate and enclosed it with his application.

Based on the complaint of consulate officials, Prashanth was arrested and remanded in judicial custody on Tuesday after being produced before a magistrate court. Further investigations are on.

An MBA can help you work with others

2009-11-25T20:56:00.001-08:00

Business schools are focusing on team building

North America has always had a love affair with its larger-than-life chief executives, the men and women whose names are synonymous with those of their companies, and whose leadership style can best be described as autocratic, if not downright dictatorial.

Bill Gates, during the heyday of Microsoft, drew comparisons with Star Wars' Darth Vader; Steve Jobs is Apple; Rupert Murdoch rules News Corp. with an iron fist; Jack Welch, long retired, is still considered General Electric's consummate commander.

But the age of the corporate strongman appears to be waning, giving way to a more consultative, team-oriented leadership style -- a trend that has not gone unnoticed at Canada's MBA business programs.

"Team-based management is seen as much more important today than it was back in the '80s," says Ian Lee, assistant professor of Strategic Management and International Business at Carleton University's Sprott School of Business.

"We work closely with some of Canada's largest private-sector employers, including the major banks, accounting firms, retailers and manufacturers. And they all tell us that the three things they look for in business school graduates are communications, teamwork and critical thinking.

"For that reason we focus heavily on teaching those skills, and it's the same at virtually all of Canada's MBA and undergraduate business schools."

Mr. Lee says the shift to team-oriented leadership is largely due to the increasing complexity of business problems and processes. "Problems no longer arrive in silos, as accounting problems, or marketing problems, or corporate governance problems. They arrive as multi-faceted problems that require a multitude of skill sets, and as such are best tackled by teams."

Laurant M. Lapierre, associate director of MBA programs at the University of Ottawa's Telfer School of Management, says that helping students understand and master leadership within a team dynamic is one of Telfer's most important and all-encompassing roles.

"One of the first things we do is break students into teams, and keep them in those teams for four months," Mr. Lapierre says. "We don't want them thinking, 'OK, this isn't working for me, but all I have to do is tough it out for a couple weeks and then I'll have a new team.' We want them to understand that they're stuck with the people on their team, and they have to figure out a way to make it work."

The idea, Mr. Lapierre says, is to mimic a real-world corporate setting, where executives and managers seldom, if ever, get to pick the people they want to work with on any given task. He says most students, placed into teams, typically go through three stages: an initial feeling-out period where they get to know one another and learn one another's strengths and weaknesses; a "storming phase" where they discover that their personalities don't always mesh and there's a lot of fighting; and a final stage where they "get into a groove and become a high-performing team."

"The first few months are pretty gruelling, but at each stage we make sure to give them the tools they need to figure out how to best overcome obstacles and reach their objectives."

Willi Wiesner, associate professor of Human Resources and Management at McMaster's Degroote School of Business, says the trend toward team problem solving and leadership is being driven in part by the flattening of corporate structures.

"The middle-management layer is disappearing in many cases, and their duties are being pushed down to the rank-and-file employee level. Those employees, individually, don't usually have the knowledge and skills to solve complex problems, so they are increasingly being asked to work in teams."

This reality, in turn, is pressuring business schools to focus more heavily on team-building and team problem-solving exercises.

"One of the things we're hearing from employers is that business school graduates are maybe not as well-versed in teamwork and team problem solving as they should be," Mr. Wiesner says.

Carolyn Egri, professor of Management and Organization Studies at Simon Fraser University's Segal Graduate School of Business, has yet another take on the ascension of the team leadership model. "It's been proven that the more educated and economically developed a population, the less workers are willing to be bossed around. They just won't put up with it."

Ms. Egri says the heroic, my-way-or-the-highway style of management is largely a U.S. construct, and is less widespread in other countries, including Canada. "If you employ that kind of autocratic management style, you miss out on what other people have to say, and these days companies need everyone's input."

To that end, the SFU Executive MBA program divides students into teams from the outset, and keeps them in those teams for the duration of the two-year program. "We try to ensure there's a diversity of backgrounds and competencies within each team, so students can try different roles and learn from one another in a relatively low-risk environment."

Forcing students to solve problems in peer teams, when there is no designated leader, can be problematic Ms. Egri says, but also deeply instructive and rewarding.

"Often members of a team will stay in touch with one another after they graduate. The feedback we get is that the teambuilding exercises are among the most valuable things MBA and Executive MBA students take from the program."

MBA courses respond to change in carbon landscape

2009-11-25T20:55:00.000-08:00

With cap-and-trade legislation being debated in the US, the European Union’s emissions trading scheme in its fourth year and the voluntary Chicago Climate Exchange in its sixth, MBAs and executive education courses should be bristling with content on carbon trading and related topics.

But while business schools have long been including sustainability and corporate responsibility in their programmes, until recently only a handful tackled more technical issues as part of an MBA.

This year, of the more than 5,000 courses submitted to the Aspen Institute – whose Beyond Grey Pinstripes survey tracks how business schools incorporate social and environmental issues into research projects and curricula – only 51 had the word “carbon” in their description.

Moreover, only 10 of them addressed the practical implications for a business manager of issues such as carbon finance, carbon trading and new energy markets, says Rich Leimsider, director of the Centre for Business Education at the Aspen Institute’s Business and Society Programme.

“That’s not to say the others weren’t good courses,” he says. “Some were conceptual in their framing and that could still be important, but they were not about day-to-day management in a carbon-constrained world.”

Yet the reality is that many of the executives taking MBA programmes will need to learn how to include the price of carbon in the management of their business’s operations.

“We’re going into an economy where there’s going to be a cost for carbon,” says Adam Williams, marketing co-ordinator for North America at Point Carbon, a consultancy that has teamed up with London Business School and New York’s Columbia Business School to develop executive education programmes focused on managing the carbon finance side of business.

“It’s going to have an impact on your bottom line, but if you take appropriate strategies there are opportunities to take advantage of it,” adds Mr Williams

Running in December, the carbon finance strategies programme at Columbia Business School includes workshops exploring the impact and business opportunities presented by cap-and-trade legislation. “This is the first time we’ve done anything like this in the US,” says Mr Williams. “And we wanted to choose New York, as it has the largest population of carbon finance professionals.”

In May, London Business School and Point Carbon launched the carbon market and analytics programme, aimed at professionals who want to capitalise on the global carbon and energy markets. “With London Business School, there’s a bit more detail just because Europe has had an emissions trading programme for a while,” says Mr Williams.

“In the US it’s filling a gap because most business executives haven’t had to deal with this yet.”

Evidence is emerging of growing demand among MBA students and executives for these kinds of programmes.

When, earlier this year, the Tuck School of Business at Dartmouth College launched a business and climate change elective course as part of its MBA programme, students rushed to participate.

“When I created the class, I thought I might end up with a dozen or so tree-hugger types,” says Anant Sundaram, the professor leading the elective. “I was stunned. Almost 45 per cent of the graduating class signed up, and it was heavily populated by people in banking and consulting, or those working for industrial companies.”

The Tuck school’s elective includes sessions on the implications of carbon economics, such as carbon trading and carbon taxes as well as a session on the risks and value-creation opportunities of climate change.

Meanwhile, courses have been appearing in other schools, too. For several years, Columbia Business School’s social enterprise programme has included elective courses covering topics such as the valuation of environmental assets as well as a course on finance and sustainability.

At the Illinois Institute of Technology’s Stuart Graduate School of Business, concepts from the school’s masters in environmental management programme are integrated into many of the courses offered to MBA students, including carbon management and climate change, and energy environment and economics

At Tepper School of Business, part of Pittsburgh’s Carnegie Mellon University, executive education programmes include a course called carbon emissions and lifecycle assessment, which looks at the regulatory environment as well as how to measure and disclose carbon dioxide emissions.

MBA students taking the energy and environment concentration at Duke University’s Fuqua Schools of Business look at how energy and environmental issues will affect businesses as well as tools for analysing energy and environmental impacts.

Prof Sundaram thinks more of these types of courses will soon be appearing.

“Climate change is a phenomenon where companies are bang in the middle of it, both as cause and effect, so it’s MBA students, the future leaders of companies, who are going to solve the problem,” he says.

“The big difference is they are going to be moving on from CSR to how it links to value-creation.”

MBA students posing as cops held

2009-11-25T20:52:00.000-08:00

AHMEDABAD: In a strange incident on Monday, four boys posing as police officials and harassing a hapless couple were apprehended when an actual police patrol van passed their way.

The incident occurred when Kashmil Mehta was with his girlfriend at AUDA garden on SG Highway. At the same time a car stopped by, and four boys emerged who claimed to be police officials. The boys started threatening Mehta and asked him to show his residence proof. Their behaviour got Mehta suspicious and he in turn, asked their identity cards.

The boys, in reaction, started beating him up. While all this was in progress, a police patrol van passed by, seeing which, Mehta's girlfriend cried out for help. Police have arrested the boys Ashish Agrawal, Ronit Gadhvi, Henil Patel and Ankit Gautam and have been booked for the offence. All four are students of a city-based MBA college.

Bhagwant Mann enthralled MBA students at Aryans

2009-09-30T21:45:00.000-07:00

CHANDIGARH: Renowned Punjabi comedian Bhagwant Mann enthralled MBA students of the Aryans Group of Institutes (AGOI) by creating humour on current scenario at cultural function held at the college campus at village Nepra (Banur), Chandigarh- Patiala Highway, near Chandigarh.

During this function, He addressed above 200 MBA students of Aryans business school (ABS) and Aryans School of Management (ASM). The function was presided by Anshu Kataria, Chairman, Aryans group of Institutes (AGOI).

While addressing the students, Bhagwant Maan said that Laughter is the human gift for survival in adverse situations. Person feels lots of stress during studies & job period, but laughter therapy has proved one of the best methods for stress management, he added.

Maan said, we need to laugh more and seek stress reducing humor in our everyday lives. As, it is necessary to recharge the mobile battery timely, similarly, we need to recharge the human body through comedy.

Through his comedy, he brought alive the characters of roadside Romeos; politicians; husband-wife; parents-children; teachers-students; the government- public; Police – public;. The students enjoyed every bit of his comedy.

He urged the students to take their studies seriously and also entreated them to take care of their rich heritage, be proud of it and not to fritter it away.

'Over 50% drop in takers for exec MBA courses'

2009-09-30T21:44:00.000-07:00

MUMBAI: The popularity of management education and the steady rise in applicants to full-time MBA programmes is well known. But there is an over 50% drop in takers for executive MBA programmes, says a survey. Moreover, the US is no longer the dream destination of MBA hopefuls.

These were some findings of the 2009 Application Trends Survey Report, a global study on trends in management education. It was conducted by the Graduate Management Admission Council, which holds the popular GMAT. The GMAT are used as entrance tests to management schools across the world. In its tenth edition, the report studied 2,30,000 completed application forms at 667 graduate management programmes across 35 countries.

While the survey showed that nearly seven in ten one-year full-time MBA programmes reported a growth in the number of applications received over last year, applications are down for 51% of executive MBA programmes around the world.

In fact, the executive MBA programme seems to have started its downward spiral in 2008 itself, when over a quarter of these programmes reported a dip in the number of applications received.

Part-time MBA programes revealed two distinct trends - 45% saw a 22% dip in applications, 42% said there was an average increase of 40%.

Moreover, while 79% of full-time MBA programmes in the US saw an increase in applicants last year, the figure dipped to 64% this year. At the same time, there was a corresponding increase in applicants for MBA programmes in other parts of the world. And while students of business may not seem the most likely candidates for a PhD, the survey shows an increase in the volume of applicants for a PhD in business and management.

Students opting for an MBA this year seem a good deal more qualified for the course than last year's candidates. "When academic qualifications of this year's candidates were compared with those who applied last year, in most cases applicants either matched or exceeded the academic benchmark set in 2008,'' reported the survey.

The ratio of male and female applicants for MBA programmes across the globe seemed to reiterate the stereotype about business being a man's world. The applicant pool was most skewered for executive MBA programmes, where only 25% applicants were female. It was a tad better for the full-time MBA course, where 32% applicants were female. The one place women scored over men was in the Master of Accounting Course, where 62% of all applicants worldwide were female.

Again, applications from foreign countries outnumbered domestic applications for the full-time MBA, while there were far more domestic applicants to the executive MBA course.

As for effect of the global financial crisis on management education, the report says, "During recession, unemployment rates, including age-specific unemployment rates, increase, which has a positive short-term impact on higher education enrolment.'' However, the report hastens to add that a prolonged economic downturn would reverse the trend.

MBA student allegedly shot dead by classmates in UP

2009-09-24T21:29:00.001-07:00

AGRA: A management student was on Friday shot dead, allegedly by his classmates, in Loha Mandi locality here, police said.

The incident took place around 1 am on Friday when Sunil Bhadauriya was returning home after attending a religious function.

"He was entering the main gate of his house when four motorcycle-borne young men came and one of them fired at him," a friend and eyewitness Yogesh told police.

Sunil was a student of Masters in Business Administration (MBA) in Dr Bhimrao Ambedkar University here. Police suspect involvement of some students in the murder.

"We have got some names and probably the incident is an outcome of some on-campus dispute between two groups of students," deputy inspector general of police (Agra) Brij Bhushan said.

PU MBA students feel cheated after name change

2009-09-24T21:28:00.000-07:00

CHANDIGARH: Students of MBA (off campus) course at Panjab University were in for a shock recently. They came to know that the name of the
institute they were studying was no longer University Institute of Applied Management Sciences (UIAMS). While regular MBA student are learning at UIAMS, the new name for the institute for off campus course has been set as University School of Open Learning (USOL).

First semester student Ranjit Singh said that at the time of admissions and written entrance test, the UIAMS’ name was mentioned on the prospectus. “We only came to know of the change through the study material and were not informed in any other way,” he said. Another student, Nipun Khurana, said the change would adversely affect their chances of placement. “UIAMS is a more prestigious name. Making a change now is like defrauding us,” he added. Students complained they were in a fix as the last date for filling the examination form was September 25 and they were still not clear about what institute they were studying from. They had submitted a memorandum in this regard with the vice-chancellor, but no action was taken about that. UIAMS director Anil Sahijpal said there might have been a communication gap and stated that students were feeling dissatisfied because they had not been informed.

“This is for their good. If they fail in the UIAMS course, they don’t get another chance. In USOL, they will have five years to finish the two-year course,” he stated. The director also added that if a student feels cheated, he or she could get admission cancelled and take the fee back. Students said that if the university failed to change its decision, they would be forced to knock the doors of the court.

IIM Indore distributing management books to needy MBA students in Indore

2009-09-17T21:24:00.000-07:00

Charity begins at home; for MBA students at IIM Indore, it begins at the Library basement. The social sensitivity cell of IIM Indore, ‘Pragat-I’ is distributing more than 1,500 text books left by the Post Graduate Program (PGP) students to needy students in management institutes in Indore who cannot afford to buy them.

The books, which include titles from authors such as Hamdy A. Taha, Philip Kotler, Stephen P. Robbins and Kenneth E. Kendall will be distributed in the institute library basement on Saturday, September 19, 2009 from 2 pm to 6 pm. The books will be available to any student pursuing a two year post graduate management program in Indore. Only one copy per title will be allowed so that every student gets a fair chance to avail the opportunity. The students will have to show their college identity cards as a proof that they indeed belong to management schools.

According to Aamal Mishra, a second year management student at IIM Indore and head of ‘Pragat-I’, most of the IIM I PGP students leave behind many management related books when they graduate from the institute. He says, “The books just pile up in the college without solving any purpose.” Thus, Mishra and the community members of ‘Pragat-I’ decided to give away the books to management students in Indore, as according to them, there are many management institutes in Indore and some of their students might not be able to afford the many expensive books on management studies. Also, Mishra adds, “This activity will act as a platform for students to serve the society, especially their fellow student community.”

MBA fees jump to $29,500

2009-09-17T21:23:00.000-07:00

Program rejects government contributions in favour of self-funding

Stephen Davis
The McGill Daily

Professor Don Melville, director of McGill’s Masters of Business Administration (MBA) program, announced in an email to MBA students last Thursday that tuition will increase to $29,500 for all incoming students as of September 2010 – an increase of more than 1,663 per cent for Quebec residents, 531 per cent for out-of-province students, and 48 per cent for international students.

Current MBA students will not be affected by the increase, and will continue paying regular rates of $1,672.80, $4,675.68, and $19,890 for Quebec, out-of-province, and international students, respectively.

The tuition increase is part of a move by the MBA program to become self-funded. Under the new model, the University will forego government subsidies in order to maintain autonomy in dictating tuition fees. Melville’s email also stated that the decision to shift to self-funding was made based on feedback from both alumni and students.

“Such a change will allow us to invest even more in student services, the curriculum and the external reputation of the program,” Melville wrote in the email.

Professor Susan Christoffersen, Academic Director of the MBA program, said that following the 2008 overhaul of the MBA curriculum, it was clear that greater financial support was needed to provide students with certain resources for seeking employment.

“[The faculty] didn’t have the resources to support our students,” Christoffersen said.

She was hopeful that higher tuition fees would allow the program to begin devoting the same attention to career planning services as other leading business schools.

“We want to make sure our students can get superior jobs,” Christoffersen said.

While Ron Duerksen, Director of Marketing and Communication for the faculty, said that the MBA Student Association was consulted in the decision, Post-Graduate Students’ Society President (PGSS) Daniel Simeone said PGSS should have been involved in the process.

“I think that the PGSS, as a representative of all graduate students, should most certainly have been consulted,” he said.

McGill’s reputation was also a factor in the decision to adopt the self-funded model.

Christoffersen expressed cautious support for attention to McGill’s ranking in publications like the Financial Times. “You don’t want to be driven completely by the rankings, but they matter a lot in terms of your ability to attract the best students…. We’re sensitive to [the rankings] and I think rightly so.”

Simeone, though, was wary of an emphasis on reputation, claiming that the Financial Times and other publications often overlook valuable measures of the quality of education.

“The current way in which these metrics are calculated is fundamentally at odds with the quality of education,” Simeone added.

In an email to The Daily, Duerksen acknowledged that these rankings are “not entirely valid,” but added, “the reputation of a business school is driven by the reputation of its MBA program.”

But the accessibility of the MBA program – among the most expensive graduate degrees but with one of the highest financial returns – remains a point of disagreement for the administration and PGSS.

Simeone maintained PGSS’s support for a system of regulated, frozen Quebec tuition that allows for changes in accordance with inflation.

“I think it’s clear that [charging] $30,000 a year…for anything impacts accessibility,” he said, adding that McGill’s current policy of contributing 30 cents of every dollar to student aid from increased tuition fees is inadequate.

Duerksen, though, was confident that the program would remain accessible, explaining that, “The self-funded model will enable [the faculty] to increase…scholarships ten-fold.”

Still, Duerksen admitted that a higher tuition rate may deter a small number of applicants, but added that students should expect to pay high fees in exchange for the financial security of “high graduating salaries.” Barbara Dourley, U3 Management and President of the Management Undergraduate Society, acknowledged the financial security that an MBA can provide, but expressed concern that such high fees might discourage students from pursuing less lucrative careers with not-for-profit organizations.

“I don’t think [McGill] has realized that there are a lot of different students that want to do an MBA,” Dourley said. “I think in the future there is going to have to be a way for the MBA program to somehow involve that kind of student.”

In his email, Duerksen promised the faculty would plan specific scholarships for students intending to work for non-profit organizations.

Duerksen added that many prospective students expect to pay high tuition fees for an MBA. “This is not news to the rest of the world,” he said in his email.

Due to other commitments, the dean and associate dean of Management were unavailable for comment. The MBA Student Association was unable to respond to The Daily by press time.

The MBA curriculum Steering a new course

2009-09-17T21:17:00.000-07:00

A year after the collapse of Lehman Brothers, a new intake of students begin their first week at business school. Will they be taught to do things differently?

As a new academic year begins, it is not just the students who have that first-day-at-school feeling. Business schools themselves have spent the past 12 months wondering whether they need to re-invent themselves in response to a global financial crisis to which many believe they lent a helping hand. For them, too, there is the trepidation of a new beginning.

Few business schools would disagree that the credit crunch has become their defining moment. The arguments—that failed firms such as Lehman Brothers were chock full of the alumni of prestigious schools, who were complacent and greedy, too focussed on the short term and unwilling to question financial instruments of which they had little understanding—are well rehearsed. But regardless of whether such criticisms are valid, it is certainly true that the crisis has fundamentally changed attitudes towards both business schools and the art of management itself.

As a result, schools have agonised over how to save their flagging reputations. MBA programme directors have spent their summer holidays pondering what constitutes a proportionate response: totally overhaul their curricula and they may appear hasty and ill-considered; change nothing and they would be seen to be in a state of denial.

Most have settled for modest adjustments. Columbia Business School in New York, for example, set up a faculty committee that delved into every aspect of the MBA programme. But it is introducing just two new modules—on the future of finance and the collapse of the auto industry. At Thunderbird School of Global Management in Arizona, too, there is to be no ripping up and starting afresh. Instead, students on the Global MBA course are to be brought together at the end of the programme for a final module on global citizenship.

The lazy pace of change is proving a frustration for some. Angel Cabrera, president of Thunderbird, worries that schools are missing an opportunity to transform themselves from followers to leaders. “As late as last year, business schools were still debating whether it was irresponsible to use the resources of a corporation to do anything that wasn’t directly related to maximising shareholder value,” he laments. “But the biggest corporations in the world all had social strategies in place—the business world had already resolved this, but we were still debating it.”

However, the speed of transformation is being hampered by a fundamental tension within business schools. They may like the idea of being leaders, but academia, by its nature, takes a long time to implement changes. When professors want to introduce new modules, in response to fast-moving events, they have to go through a lengthy approval process: other faculty have to be won over, academic competency has to be proved, and it has to be demonstrated that the course design meets the quality threshold of the programme, the school and accrediting bodies.

And, in any case, Dr Cabrera’s annoyance is not universally shared. Others argue that it should be seen as a flaw if a school’s curriculum is seen to change too radically—even in such radically changing times. Terry Ilott, course director at City University’s Cass Business School in London, rejects the idea that a school which can’t rush through transformation lacks nimbleness. “It’s not cumbersome, just rigorous,” he explains. “I would be very suspicious of a school that could chop-and-change its curriculum at short notice. In any case, the idea that all business schools have been caught on the hop is a bit of a journalistic myth. A business school that found itself responding to events without anticipating those events would be a pretty poor business school.”
Back the basics

Furthermore, schools must be wary of change just for the sake of it. Thomas Cooley, dean of New York University’s Stern School of Business, believes that the basic tools of business haven’t changed just because of the crisis. But even if the fundamentals of marketing, economics or finance remain valid, teaching them in the context of corporate failures will become a leitmotif. “It is one of the great historical events,” he explains. “It has changed the tone of everything.”

Randall Kroszner, a former governor of the Federal Reserve and an economics lecturer at Chicago University’s Booth school, agrees that his MBA students will notice a change of emphasis, if not a radical new curriculum. “If I just taught my money class as I did four years ago I wouldn’t have the same emphasis on the housing market or the inter-connections between the banking and non-banking financial systems. I touched on it, but one would be foolhardy not to put a new emphasis on it.”

Monetary policy is another example. Five years ago, the theoretical possibility of a zero lower bound on interest rates may have been mentioned in passing, but most students saw it as such a low-probability event for most developed countries that they didn’t pay it much attention. Now it is a real issue that affects business decisions.

One area in which the crisis seems to be having a more fundamental effect on curricula is a renewed interest in economic history. Both Stern and Chicago expect brisk interest in new courses examining the lessons from America’s Great Depression in the 1930s. At Cass, Professor Ilot’s MBA students will study the formation of 18th and 19th century companies, such as Cadbury’s or old Quaker firms, which, he says, “started with a view that the long-term sustainability of the enterprise depended on responsible behaviour in all aspects of the organisation.”

And it is not just the academic curriculum that is changing. MBA programmes have for many years been a strange hybrid of academic degree and vocational course. Equally as important as teaching theory is imparting the “soft skills” needed to brave a difficult job market after the programme. One area in which this is becoming more noticeable is a greater emphasis on personal development. At Cass, the new intake is, for the first time, being psychometrically tested during the first week of the programme. The idea is that students will go through their MBAs more aware of their strengths and having addressed their weaknesses, making them more employable when they leave. With a sceptical world awaiting them, they may need all the help they can get.

FMS MBA (MS) to organize FINANZA ’09

2009-09-14T02:51:00.001-07:00

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A wide range of issues would be discussed about the financial crisis and the road to recovery that is to be followed

The Faculty of Management Studies MBA (Management of Services) is organizing the annual finance conclave, Finanza ’09, on the theme ‘Managing Economic Recovery’. The event will be held at the FMS Auditorium, University of Delhi, on September 13, 2009.

“There would be hardly anyone today who is unaware of the terms ‘slowdown’, ‘recession’, ‘downturn’. We, at FMS, are no exceptions. But, we have a different perspective in mind when we talk about recession. We focus not on the problems, but on the solutions. We focus not only on the future, but also on the lessons to be learnt from the past,” a student from the FMS MBA (MS) program said.

Eminent personalities will be present at the event to share their perspectives on how the recovery will be attained and sustained. Some of the speakers include, Navneet Munot, Chief Investments Officer, SBI MF; Naveen Gupta, Head, Private Banking Treasury, Standard Chartered Bank; Anup Kapadia, Director, NM Rothschild; Sachin Gupta, Business Head, CRISIL Ratings; Atul Kumar Rai, CEO & MD, IFCI Ltd.; Gyan Mohan, Exec VP, Head IB, IDBI Capital; Rajesh Parthasarthy, V-P, Calyon Bank; Varun Gupta, MD, American Appraisal; Shailesh Singh, Director Investments, 2i Capital; and Manasvi Srivastav, Sr V-P, BMR Advisors Pvt. Ltd.

“Finanza, as an event, attempts to put the finance and economics gurus on the same platform as the enthusiasts and MBA program students, for an enriching discussion on economic recovery. A wide range of issues would be discussed about the financial crisis, its spread and impact, and most importantly, the road to recovery that is to be followed,” the FMS MBA (MS) program student said.

With the leaders of the industry and academia of leading schools offering various MBA programs collaborating for the event, Finanza ‘09 is sure to be an enlightening experience for any and everyone, according to the students of FMS MBA (MS).

IIT Kanpur MBA institute to hold Prabandhan 2009

2009-09-14T02:48:00.000-07:00

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Participations for Adhikansh, Nirmiti and Nivesh are already on IIT Kanpur’s MBA institute is organizing ‘Prabandhan 2009’, a management conclave, based on the theme ‘Phoenix – Rising from the ashes’. Prabandhan, which is a new flagship management event of IIT Kanpur MBA program, was launched in sync with the college’s recent golden jubilee celebrations and will be held from September 18 to 20, 2009.

“The event symbolizes a sign of relief for the recession threat faced by the entire industry. Prabandhan 2009 is re-invention of various management events like Markops-Marketing & Operations events, Consilium-Consulting events and Finatics-Financial events, which were successful in drawing leading MBA college students and speakers from the best of global corporations,” IIT Kanpur’s team Prabandhan said. “Come September 18, the best of minds will battle out solutions to the most grappling corporate problems for prize money worth Rs. 40,000.”

Eminent speakers from top companies like E&Y, PWC, KARSTADT QUELLE, and Societe Generale, among others, will share their experiences with the MBA college students and other participants. The speakers would also help the MBA program students transform thoughts into successful ventures, according to the MBA Collegel.

Major corporate challenges like VISTAAR-Marketing Strategy, Adhikansh-Cost effective solutions, Nirmiti-HR issues related to change management, and Nirmiti-A stock market simulation game, among others, would also be organized for the MBA program students. “Participations for Adhikansh, Nirmiti and Nivesh are already on,” the team said.

MBA far from a sure road to princely salary

2009-09-01T21:41:00.000-07:00

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OF all post-graduate degrees, the Master of Business Administration is marketed the most heavily for its career-accelerating qualities.

MBA program marketing literature typically features alumni testimonials on the value of the program in advancing their executive careers. These testimonials are usually supplemented with "salary surveys" that claim to demonstrate the soundness of investing in an MBA. The message is clear: having an MBA is essential for anyone who aspires to a senior position in management.

But is this the case?

A few years ago, BusinessWeek magazine undertook a study where it examined the qualifications of the five most highly paid executives in each of the top 100 listed companies in the US. Less than a third of those executives had an MBA. "Considering the hordes of living alumni from each of the top 10 schools," the authors noted, "the number of grads who ended up in the stratosphere of pay seems remarkably small. Only about one out of every 4000 alumni of top 10 MBA programs were among the highest-paid executives, the equivalent, in a class of 250 students, of one lucky soul striking it lucky every 16 years."

Even for the students that elite business schools typically attract - capable, ambitious, and with lots of self-belief - these are sobering figures.

The US is the home of the MBA. It has the most prestigious business schools (Harvard, Stanford, Wharton), the highest number of graduates and arguably, the greatest cultural respect for the MBA as a business qualification - all of which should help MBA graduates. The market fundamentals are less favourable in Australia, and this is reflected in the lower proportion of Australian executives with MBAs.

An examination of the qualifications of the chief executives and chief financial officers of the top 50 listed companies on the Australian Stock Exchange shows that less than a quarter (12 out of 50) of chief executives have an MBA.

For chief financial officers, who are typically the next most senior executive in the company, the proportion of MBAs is even lower at eight out of 50, or barely more than 15 per cent. Formal management qualifications appear relatively unimportant in producing competent managers.

This makes management quite different to many traditional university disciplines: the overwhelming majority of eminent mathematicians or scientists, for instance, have advanced post-graduate degrees in their fields.

American business professor David Maister has argued it is the very nature of management competence that makes it so difficult to teach in formal education.

Managing, says Maister, "has nothing to do with rationality, logic, IQ or intelligence. It's a simple issue of whether or not you can influence individuals or organisations to accomplish something.

"It's about influencing people, singly or in groups (or in hordes). No amount of intelligence will help if you are not able to interact with people and get the response you desire."

Rather than giving managers lots of information and analytical techniques, the key to developing competence, says Maister, is more experiential learning, "putting people through a series of processes whereby they have to experience influencing people, try it out, and develop their emotional self-control and interactive styles".

This seems like an argument for "emotional intelligence" in managers, a popular concept in management education today.

Yet, like MBAs, emotional intelligence and people skills can be overvalued in management development.

In their research paper "Which CEO Characteristics and Abilities Matter", American academics Steven Kaplan, Morten Sorensen and Mark Klebanov found that strong people skills, such as communicating, listening and team building, were not correlated with success in the CEO role.

More important were execution and organisational skills, such as attention to detail, strong follow-through, persistence and the ability to work long and punishing hours, skills and traits that may be even less "teachable" than emotional intelligence.

Where does this leave the MBA?

An MBA is almost the unofficial "ticket for entry" in some consulting firms and some industries, such as financial services, seem to value it more than others.

An MBA may also be a good option for career changers (rather than career accelerators), particularly if they did not have a first business degree.

The multi-disciplinary approach of the MBA also, arguably, is a good fit with the managerial task.

This can develop both an understanding of what different functions contribute to the organisation, and provide a range of analytical perspectives through which to view complex business problems.

Like any professionals, managers want and need to learn: it's just that most of that learning happens on the job and outside formal education.

On-the-job learning is both the most pervasive and the most powerful form of professional learning for managers, yet it is also the least systematic, the most informal, and the most unpredictable.

Like the drunk looking for his keys under a lamp post (because the light was better there than in the park where he lost them), the very formality of MBA education seems to assure it of a future.

Mike Riddiford is a business education writer and editor of CEO Forum magazine.

Many more MBA Institutes embrace CAT 2009; 151 non-IIM institutes to use CAT scores

2009-09-01T21:39:00.000-07:00

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Based on MBAUniverse.com analysis of CAT 2008 and CAT 2009 prospectus, almost 50 new institutes have registered to use CAT 2009 scores this year

Opportunities for MBA aspirants are growing leaps and bounds! This year the CAT 2009 scores will be used by many more MBA institutes. MBAUniverse.com analysis found out that other than the seven Indian Institutes of Management (IIMs), 151 non-IIMs have also registered with CAT 2009, with 49 new MBA institutes. The number of non-IIMs who used CAT scores was 102 in year 2008 and it grew to 111 in the year 2007.

Prominent CAT 2009 MBA institutes:

Some of the leading MBA institutes who are using CAT 2009 entrance exam scores are Management Development Institute, Gurgaon; Institute of Management Technology, Ghaziabad; S P Jain Institute of Management & Research, Mumbai; Birla Institute of Management Technology, Greater Noida; Welingkar Institute of Management Development & Research in Mumbai and Bengaluru; Mudra Institute of Communications Ahmedabad (MICA); FORE School of Management, New Delhi; IILM Institute for Higher Education, Gurgaon; Indian Institute of Social Welfare and Business Management, West Bengal; K J Somaiya Institute of Management Studies & Research, Mumbai; Lal Bahadur Shastri Institute of Management, New Delhi; Bharathidasan Institute of Management, Trichy and T. A. PAI Management Institute Manipal.

New MBA institutes:

Based on MBAUniverse.com analysis of CAT 2008 and CAT 2009 prospectus, 49 new institutes have registered to use CAT 2009 scores this year. Some of the newly registered MBA institutes are Unitedworld School of Business; National School of Business Bangalore; Aryans Business School Chandigarh; Institute of Management Studies Uttarakhand and WLC College India, Noida.

Drop outs?

When MBAUniverse.com compared 2009 list with 2008 list, following institutes were not listed: AICAR Business School, Mumbai; Algol School of Technology, Gurgaon; Amrita School of Business, Coimbatore; Ansal Institute of Technology, Gugaon; Asia Graduate School of Business, Hyderabad; Center for Management Development Modinagar, Ghaziabad; Chennai Business School; Department of Business Administration, Lucknow; Institute for Integrated Learning in Management, New Delhi; IMRT Business School, Lucknow; Institute of Management Sciences, Lucknow; International Institute of Business & Research (IBSR Business School), Bangalore; JK Business School, Gurgaon; K R Mangalam Global Institute of Management, New Delhi; Lotus Institute of Management, Bareilly; Nanyang Business School, Singapore; New Delhi Institute of Management, New Delhi and National Institute of Industrial Engineering Mumbai.

To see the complete list of other non-IIMs, refer this link- http://www.catiim.in/non_iim_institute.html

Stay tuned to MBAUniverse.com for more updates on CAT 2009.

MBA no guarantee of corporate success

2009-09-01T21:35:00.000-07:00

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Raj never thought he would get into business. After all, he had a degree in electrical engineering from an Indian college and no business management experience at all.

But when the responsibility of handling the family business fell on to his shoulders, Raj, 29, decided to change his plans. He enrolled in an executive MBA programme at an international business school in Dubai, which allowed him to study while maintaining a full-time job.

Achieving an MBA was hard work. Every day he would get up at 5am to review what he had learnt the previous day, go to work and then attend classes until 9pm. Weekends were spent working on assigned projects for school.

At the end of his programme last year, Raj joined a bank as a relationship manager. But last month he was asked to resign without severance pay as the company laid off workers.

Though he searched for a new job, he says he is discouraged by the lack of job opportunities. Now he plans to leave the country and says he realises that his MBA was not the ticket to the top.

“Despite the fact that I have an MBA from one of the best business schools in India, I am just not getting a break,” says Raj, who requested his real name not be used.

His hard-luck story brings up the issue of the value of an MBA in today’s economy. It becomes even more pertinent as business schools report a rise in the number of applicants.

In recessions, many professionals seek additional schooling as a meaningful way to spend idle time.

The Graduate Management Admission Council reported an 11.6 per cent increase in registrations for the Graduate Management Admission Test (GMAT), a requirement for most business schools, since 2007.

The Manchester Business School Worldwide’s Middle East centre in the UAE said it saw an 18 per cent increase in the number of applicants for this year, compared with last year. But does the MBA still hold weight with employers in the region?

Hari Padmanabhan, the former chief executive of 3i Infotech, says an MBA programme teaches all the concepts one needs and is definitely worth doing, but it does not guarantee a job in the UAE.

“In the Middle East, an MBA is only your starting point in the job market because of all the filtering involved,” Mr Padmanabhan says. “It will help in the initial process of screening and may get you just the interview.”

He says the usefulness of the MBA in the economic crisis may be slightly diminished as corporations change the criteria for employment.

“Companies in the downturn will look for someone who has experience with the market; someone who knows how to deliver results and has the ability to manage projects,” Mr Padmanabhan says.

But some UAE employers encourage their staff to get a graduate degree. Most of the UAE University’s MBA students, who work at government-based organisations, are sponsored by their employers as a part of the country’s Emiratisation policy, says Bob Lipsett, the MBA programme manager of the UAE University.

Christopher Higgins, the director of the Manchester business school here, says the trend among UAE companies to support their employees’ education is still slowly catching on.

“Our students do report greater interest from their employers once they have made a commitment to an MBA programme,” Mr Higgins says.

“Employers then often offer help, incentives, rewards, additional time off, and even promotions during the programme.”

While the ranking of the business school one attends is crucial, Mr Padmanabhan says MBA students should also see whether a part-time or full-time MBA will better suit their lifestyle.

He also suggests experience in the working world before graduate school and says developing contacts is also important, he said.

“Don’t get stuck up on being an MBA and understand what you are good at,” Mr Padmanabhan says. “It’s more important to get as much work experience as possible.”

For Raj, there are no regrets about getting his MBA, despite the frustratingly slow job search. The degree has helped him better understand his work.

“Those three, four hours in class were the best time of my day,” he says. “The course gave me insight into managing a company.”

On returning to India, Raj plans to venture into the market and establish his own company in Singapore, once he has obtained enough funding.

“From this course I learnt that entrepreneurship is my first love,” he says. “I am now ready to test my knowledge and start my own business.”

University MBA course gets AICTE approval

2009-08-28T01:12:00.000-07:00

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LUCKNOW: The All India Council of Technical Education (AICTE) has finally given approval to postgraduate business administration (MBA) course run
by the Lucknow University for the session 2009-10. The Institute of Management Sciences (IMS) has also been given an extension of approval for six of its MBA programmes.

A communication to this effect from AICTE reached the university on Monday. The AICTE gives approval of extension on yearly basis on mandatory disclosures and compliance report which is required to be submitted prior to admissions for the following year. The university had submitted compliance report for academic session 2008-09 on time. However, the list of approvals on the official website of the AICTE continuously displayed compliance report not submitted. The delay in getting the approval was because university had filed one single compliance report for all MBA programmes running in two separate entities -- department of Business Administration and IMS.

University officials said that university doesn't require AICTE approval to run the courses but still varsity opted for it to increase "marketability" of the courses. University comes under the provisions of section 2 (f) of the UGC Act meaning that thereby, it receives state and UGC grant for its operations. The degrees of any university created by law are not based on AICTE approval. The fact has also been upheld by the supreme court in one of its judgment. Hence, officers said the MBA degrees, offered by IMS, are legal. University has also submitted a separate proposal seeking approval for other MBA programmes such as MBA (HR & IR), MBA (Retail Management), MBA (Agri-business), MBA (RDM), MBA (Petroleum Technology & Management) and MBA (part-time).

Applications invited for MBA

2009-08-28T01:11:00.000-07:00

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KOCHI: The rajagiri College of Social Sciences, Kalamassery, has invited applications for admission to MBA course during the academic year 2009-10.

Application forms can be obtained from the college office on payment of Rs 350 or can be downloaded from the college webiste rajagiri.edu.

A demand draft drawn in favour of ‘The Principal, Rajagiri College of Social Sciences, Kalamassery’ payable at Kalamassery should be attached with the downloaded applications.

For details call: 0484-2555564, 4111359.

SolBridge graduates 1st MBA class

2009-08-28T01:10:00.000-07:00

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SolBridge International School of Business graduated its first four MBA students at a commencement ceremony held on Friday last week.

The business school, offering BBA (Bachelor of Business Administration) and MBA courses, opened in Daejeon in 2007 with a focus on Asian business and the evolving relationships in Asian economies and the rest of the world.

Four new MBAs from Indonesia, Pakistan and China have completed three months of internship with multinational companies such as Estee Lauder and DHL in Seoul. Among the four MBAs, three have signed the "MBA Oath" initiated by Harvard Business School graduates this year.

The oath is a voluntary pledge for graduating MBAs to work responsibly and ethically and provides guiding principles that would direct their future decision makings in business fields.

President Dr. John Endicott highly praised first graduates' "challenging spirit" that has led to their decision to start their academic journey at the newly-opened institute in Korea.

"Such a courageous mind of the graduates will surely carve out their future successfully," he said.

The school has 27 faculty members from eight countries, who are well-versed both in practice and theory.

The faculty, who uses English as its language of instruction, provides students with hands-on training on the various aspects of contemporary business practice supplemented with ample experience in various fields ranging from telecommunications, corporate governance, science and technology, marketing and management.

With the school's close ties to industries, governments and other universities from all around the world, the school ensures students are exposed to valuable internship and career opportunities through what it calls an "immersion program" that allows students to obtain first-hand contact with real-world situations, officials said.

The school runs dual-degree programs with Georgia Tech University in the United States and Beijing Foreign Studies University in China. Currently, 400 students from 24 countries -- including 30 Koreans -- attend SolBridge.

Manchester MBA ranked world 5th

2009-08-28T01:09:00.000-07:00

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A new survey by prestigious American business magazine Forbes has ranked the MBA at Manchester Business School (MBS) as the fifth best in the world.

Forbes used return on investment as the main measure for its rating system. This ranks courses by the amount graduates can expect to earn in additional salary when compared with the costs associated with taking the course - particularly important during the current economic climate.

When it was established in 1965, MBS was jointly the UK's first business school. It has around 2,000 students on campus and an academic staff of almost 300. It is also one of the few schools worldwide to gain the approval of all three MBA accrediting bodies.

It is not the first major accolade for the region's MBA providers. The FT Global MBA Rankings 2009 ranked MBS' doctoral programme as the best in the world, while its accounting research team was ranked the best in the world by professional services publication Accounting and Finance.

The school's two-year programme was also rated the second best outside the US by Forbes, while the one-year MBA at Lancaster University Management School (LUMS) was ranked seventh.

Oliver Westall, programme director of the Lancaster MBA, said European MBA programmes offer outstanding value compared with most American programmes.

"They provide the international experience so important when managers face a global recruitment market, with many nationalities in the classroom, and international visits and projects also an option," said Westall.

Rigid rules for MBA

2009-08-24T04:31:00.000-07:00

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I GRADUATED with a first class honours degree from a local private university in Petaling Jaya last year.

The course I did is recognised by JPA and accredited by the Malaysian Qualifications Agency (MQA).

As a mature student with more than 10 years working experience, I decided to apply for an MBA programme on part-time basis at a premier local public university.

When I was called for an interview, I was all excited about joining the programme. The interview was a brief one and successful, at least that’s what I thought. Two weeks later I received a letter stating my application was unsuccessful.

Feeling quite shocked, actually more of dismay, I decided after a week to write to the university to find out the reason for rejection.

After a few e-mails, I was told that my application was thrown out as I lacked working experience.

They said I needed to apply only after gaining a further two years working experience following my graduation.

This means that I could only apply in December 2010.

The university has a strict criterion that candidates must have at least two years working experience after graduation.

Much as I reasoned and argued that I was a mature working student who completed my studies juggling studies with work and family, I was told clearly that no matter what, the criterion for working experience after graduation will not be compromised.

Feeling disappointed, I decided to write to the Association of MBA (AMBA), UK to find out if such a rule, which clearly discriminates against mature students is the norm.

And just as I thought, AMBA mentioned that the overall working experience should be taken into account and the rule should not be strictly applied.

I wrote back to the university and mentioned what AMBA had stated.

However, the university was not willing to reconsider its decision.

Even my appeal to be included in the next intake in six months’ time has not been considered.

Of course it is the university’s right to select its student and nobody wants to question that.

However, one may argue that being a public university, it should not discriminate against mature working candidates, especially at postgraduate level.

India's top MBA Schools: IIM Bangalore parties each fortnight, but after days of hard work

2009-08-20T03:38:00.000-07:00

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Apart from the hectic study schedule, IIM Bangalore has 23 clubs to cater to the diverse interests of its students

Continuing with our campus trips to the top MBA schools in India, we now move towards down south. Let’s visit the campus of IIM Bangalore and hear the MBA School’s saga straight from its student’s mouth. The MBA School, established in 1973, has the mission to ‘build leaders through holistic, transformative and innovative education’. The campus with its stone buildings, which can be credited to the architect Balkrishna Vithaldas Doshi, and the world class infrastructure are the factors that make IIM Bangalore unique apart from the various other factors such as its location and its close proximity to the industry.

“One of the best parts about being at IIM Bangalore is the opportunity one gets to interact with people who are not just headline makers, but also great inspirers. The Danish Prime Minister, Doug Baillie, Mallika Sarabhai, P. Chidambaram, Nandan Nilekani, Suhel Seth, Gurcharan Das, CEOs and MDs – the list is awe inspiring. I make sure I never miss any of these talks,” said Sriram C, a student of class of 2011, IIM Bangalore.

All in a day’s work:

The students of this leading MBA School have a tight schedule to follow. Even 24 hours seem to be less for them. From morning to afternoon, they remain busy with their classes, discussions and projects. “Staying fit or taking time out for your favourite sport is not something you have to compromise at IIM Bangalore. I love my daily jog,” said Sriram. Evenings are generally kept for preparing for the next day’s classes and quizzes. The internal messenger system Bracket is utilized for chatting with other IIM Bangalore mates, reading novels or just relaxing.

Late night is usually spent in the canteen or L square, the party zone of the MBA School. “The 24-hour canteen is the lifeline of the campus. No matter whether you are in the middle of an assignment or a meeting, the late night urge for a bite will invariably drive you to Athikas. And the Maggi here is delicious! L square is our hallowed dance floor and party animals never miss any party!” said Mayank Jha, another student of IIM Bangalore. When the clock strikes three students are reminded to catch up on their sleep. “IIM Bangalore doesn’t make zombies out of us. After all those classes, projects, talks and parties we do catch our share of sleep. And after all the hard-work and all the fun, you do not have to try too hard to put yourself to sleep,” said Jha.

Students are not only involved in studies and enjoyment; there are other activities which keep the students on their toes throughout the day. “Students manage to find ways to pursue various things that may interest them, on campus. There are 23 student clubs which try and cater to most of them,” said Sriram. Academic Council, Book Rack, the student-run library that holds more than 100 fiction and non-fiction books, MaSh, the Marketing Shrine, Networth, the Finance Club, ICON, the Consulting Club, Operations Society, Cul Com, the cultural society are some of the clubs.

Sports also form an important component in the students’ lives. According to the students of IIM Bangalore, they take the games very seriously and clean sweep the other teams in the inter-IIM sports meet. “The sporting religion here is Tsepak and the Tsepak Kings, the high priests. Sports competitions at various levels: inter-block, inter-section, inter-IIM run through the year and it is virtually impossible not to be involved,” said Jha.

Hangout zones of IIM Bangalore:

Students voted L square the coolest hangout zone of the MBA School. All the parties, birthdays and other celebrations which take place here make sure that all the students congregate. “The epicentre of the famed L square parties that are organized once a fortnight offer the students the perfect getaway from studies. The college band and equally competent Disc Jockeying only make the experience better,” said Sriram of IIM Bangalore.

Hostel life:

Students feel the bond that grows among the batchmates is the best thing about the hostel. “From one massive complex full of connected hostels to a lone mess for all the students, you are bound to run into almost everybody who is a student here.” This is how some of the best relationships are forged here, explained Jha. “Furthermore, there is a very healthy interaction between the first and the second year students and that goes to build the intra hostel culture which lends itself to student life here,” he said.

Events to look forward:

The students mentioned that Unmaad and Vista are the two biggest events managed by the students of the MBA School. Unmaad is IIM Bangalore’s cultural fest. “With events ranging from Rock Shows, Fashion Show, Choreography, Pro-nite Performances to Debates, Jam, Quiz, Art events, Dramatics, Street Play, Music and Games, Unmaad is three days of non-stop action and fun that promises you the experience of a lifetime,” said Sriram.

Vista is the business fest of IIM Bangalore. “Forum for Industrial Interaction or FII is the club that conducts Vista. Other clubs on campus, namely MaSH (the Marketing Club), Icon (the Consulting Club), EnI (the Entrepreneurship Club) and NetWorth (the Finance Club) pitch in, with events of their own,” informed Jha. A cultural and informal element is provided to this business fest by the Cultural Committee and the Dramatics Society. “To sum up, Vista is where all of IIM Bangalore comes together to display its might to the world,” added Jha.

For the IIM Bangalore aspirants:

The students mention that apart from the CAT entrance exam scores, IIM Bangalore also gives weightage to the consistency in academic and extra-curricular performances. According to them, the MBA School lays significant stress on diverse profiles, interests and fields of excellence. “Hence, CAT entrance exam – though being a major filter, is not always an entry barrier for securing admission to IIM Bangalore,” said Sriram. Thus, the bottom line for getting in IIM Bangalore according to its students is – crack the CAT entrance exam with a balanced score, and do interviews well. Nothing really different!

Is an international MBA the right degree for you?

2009-08-17T20:59:00.000-07:00

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Students from around the world come to Europe to study for an MBA. What are the programmes' benefits - and potential drawbacks?

In February, Joe Felice gave his wife and baby daughter a goodbye kiss at Seattle-Tacoma International Airport and then boarded a flight to Amsterdam.

The 38-year-old executive with Expedia.com, an online travel agency, settled in for a gruelling 13-hour trip, including two flights, a train and a metro ride.

His final destination: business school at the Rotterdam School of Management (RSM) in the Netherlands.

"I wanted to learn about doing business in other countries," says Felice, describing the reason behind his bi-monthly jaunts to "modules" or week-long courses in Rotterdam and other foreign cities. Studying in different countries is an aspect of his "OneMBA" programme, a collaborative effort between five business schools.

In between journeys, he completes school assignments and projects by corresponding electronically with classmates from Mexico to Hong Kong. Yet for all his trouble, he'll collect a master's in business administration - a degree he could have picked up at many US universities - at the end of the two-year programme.

RSM's ambitious global MBA scheme is an example of the growing range of full-time, part-time and executive "international" MBA courses aimed at American students who hanker for a broader curriculum, a global network and exposure to different cultures. At London Business School, for instance, applications from US citizens rose to 19 percent from 14 percent of the total in the past five years. For HEC, a smaller Parisian business school and a "Grande École" (somewhat like a US Ivy League university), the growth in American applications has rocketed 240 percent in the same period.

Foreign B-schools no more attract students

2009-08-03T21:10:00.000-07:00

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Kolkata: Gone are the days when a foreign B-school would almost always get a thumbs-up over an Indian one. In IIM Calcutta’s 2009-11 batch, several students have turned down leading international B-schools including the likes of London Business School, Stearn School of Business (NYU), Cornell University, University of Texas – Austin (McCombs School of Business), Georgia Technological University and University of Southern California, among others, to come and join the two-year program at the Joka institute.

What’s more, believe it or not, the 2009-11 batch boasts of some 20 students who have left lucrative jobs paying over Rs 20 lakh per Annam (pa) to pursue their MBA at IIMC! The average work experience this year is 27 months and students include former employees popular recruiting companies at IIMC including Deutsche Bank, JP Morgan, Goldman Sachs, Credit Suisse, McKinsey and Merrill Lynch.

Adamya Chandra, 23, a mechanical engineer from Kamla Nehru Institute Of Technology, Sultanpur turned down a seat at London Business School to join IIMC. His reasons: the reputation of the institute and its professors, its strong alumni network, its being the only institute in a metro and its distinction as ‘the’ financial campus of India, which would help him further his career in the financial sector.

Another 23-year-old student who used to draw more than Rs 20 lakh per Annam has quit his job to be part of the 2009-11 batch. A Kota resident, he is a mechanical engineer from Delhi College of Engineering and has worked for 22 months in a trading firm. On his decision to chuck a high-paying job for an MBA at IIMC, he says, "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."

Incidentally, this year’s 408-member batch is the largest across the seven IIM's, and has an average age of 24 years. There are three students who have scored a hundred percentile in CAT, with another 62 with over 99.9 percentile.
The batch also includes 19 overseas students. Among the overseas candidates, the average GMAT score is 728. There has been an increase in the number of female students to 10% as also those with work experience to 63%.

The 2009-11 batch comprises a diverse mix of people: from sports persons to people who have worked with the World Bank and the RBI. This apart, there are rock-climbing instructors, those working on starting butterfly farm chains; and those involved in massive projects such as the modernizing of the Bangladesh Railway System. At least seven of the students have their own start up ventures.

A large number of the students have spent their time working with NGOs on various issues such as rural upliftment and education of slum children.

This year on, get your MBA degree in Hindi

2009-08-03T21:06:00.001-07:00

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NAGPUR: Manav Sansadhan', Vipnan', and Vitt' are specialisations in this management degree. Confused? Well, a student pursuing MBA (Masters of Business Administration) in Hindi will be familiar with these words. Manav Sansadhan', Vipnan' and Vitt' are the Hindi for human resources, marketing and finance respectively. The Wardha-based Mahatma Gandhi International Hindi University (MGIHU) is all set to begin its much-awaited management course in Hindi, perhaps a first in India, from current session. However, the course has been introduced on a part time basis with classes to be conducted on Sundays and other holidays.

The university will be conducting an entrance exam for the said course on August 2 at nine cities. These are Nagpur, Raipur, Lucknow, Wardha, Delhi, Allahabad, Bhopal, Pune and Varanasi. The course will cost the students just Rs 12,000 against Rs 50,000 plus per year charged for the traditional MBA course by various city colleges. TOI had reported about Hindi university introducing MBA in country's national language in its March 21, 2008, edition.

According to MGIHU public relations officer BS Mirge, the university had proposed this management course in Hindi for the students facing difficulties in reading and writing in English. "There are 504 students, including 40 from Nagpur, who have enrolled for this entrance exam at nine centres. As this is our first year, the intake capacity of every affiliated college has been kept at just 20. We are expecting more students in the coming years," Mirge told TOI.

The course was to be started last year but could not be as translation books consumed a lot of time, he explained. "All the books on various subjects were in English," he said. Former vice-chancellor of the university G Gopinathan in whose tenure the course was introduced told TOI that the university strove to pioneer new courses that would benefit students as well as help in spreading the use of Hindi.

"We sincerely believe that language shouldn't be a barrier in learning. Since Hindi is our national language, and ours is an international university, we take pride in being first to start such a course. We have completed all formalities including permission from the All India Council for Technical Education (AICTE)," he said.

Siddharth College to conduct course:

Siddharth College at Wanjari Nagar has been given affiliation by the Mahatma Gandhi International Hindi University to conduct the Hindi MBA course in the city. Principal Sandhya Rajurkar, speaking about the course, told TOI that it had received good response from the students. "Many students who aspire to be an MBA, do not pursue this course due to language problems or financial constraints. This course solves both the problems," she said. Rajurkar said the college was offering facilities as per the AICTE and Hindi university norms. "The local enquiry committee and other panels have inspected our facili ties before granting affiliation. We have up-to-date library, computers and classrooms. We are also authorised training centre for insurance training," she said. On placements, Rajurkar said with mega projects like Mihan coming up in the city, there were several opportunities for Hindi MBA passouts.

The syllabus is similar to MBA in English. The course is spread over three years with five semesters of six months each.

The last semester will be for industrial training. Multinational companies will definitely give the preference to Hindi MBA students because of their expertise in local language," she added.

This year on, get your MBA degree in Hindi

2009-08-03T21:06:00.000-07:00

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NAGPUR: Manav Sansadhan', Vipnan', and Vitt' are specialisations in this management degree. Confused? Well, a student pursuing MBA (Masters of
Business Administration) in Hindi will be familiar with these words. Manav Sansadhan', Vipnan' and Vitt' are the Hindi for human resources, marketing and finance respectively. The Wardha-based Mahatma Gandhi International Hindi University (MGIHU) is all set to begin its much-awaited management course
in Hindi, perhaps a first in India, from current session. However, the course has been introduced on a part time basis with classes to be conducted on Sundays and other holidays.

The university will be conducting an entrance exam for the said course on August 2 at nine cities. These are Nagpur, Raipur, Lucknow, Wardha, Delhi, Allahabad, Bhopal, Pune and Varanasi. The course will cost the students just Rs 12,000 against Rs 50,000 plus per year charged for the traditional MBA course by various city colleges. TOI had reported about Hindi university introducing MBA in country's national language in its March 21, 2008, edition.

According to MGIHU public relations officer BS Mirge, the university had proposed this management course in Hindi for the students facing difficulties in reading and writing in English. "There are 504 students, including 40 from Nagpur, who have enrolled for this entrance exam at nine centres. As this is our first year, the intake capacity of every affiliated college has been kept at just 20. We are expecting more students in the coming years," Mirge told TOI.

The course was to be started last year but could not be as translation books consumed a lot of time, he explained. "All the books on various subjects were in English," he said. Former vice-chancellor of the university G Gopinathan in whose tenure the course was introduced told TOI that the university strove to pioneer new courses that would benefit students as well as help in spreading the use of Hindi.

"We sincerely believe that language shouldn't be a barrier in learning. Since Hindi is our national language, and ours is an international university, we take pride in being first to start such a course. We have completed all formalities including permission from the All India Council for Technical Education (AICTE)," he said

Siddharth College to conduct course:

Siddharth College at Wanjari Nagar has been given affiliation by the Mahatma Gandhi International Hindi University to conduct the Hindi MBA course in the city. Principal Sandhya Rajurkar, speaking about the course, told TOI that it had received good response from the students. "Many students who aspire to be an MBA, do not pursue this course due to language problems or financial constraints. This course solves both the problems," she said. Rajurkar said the college was offering facilities as per the AICTE and Hindi university norms. "The local enquiry committee and other panels have inspected our facili ties before granting affiliation. We have up-to-date library, computers and classrooms. We are also authorised training centre for insurance training," she said. On placements, Rajurkar said with mega projects like Mihan coming up in the city, there were several opportunities for Hindi MBA passouts.

The syllabus is similar to MBA in English. The course is spread over three years with five semesters of six months each.

The last semester will be for industrial training. Multinational companies will definitely give the preference to Hindi MBA students because of their expertise in local language," she added.

India’s Top MBA Schools: What every MBA aspirant should know about IIM Lucknow!

2009-07-28T02:58:00.000-07:00

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According to a student of IIM Lucknow, the pulse of the campus lies in its students

A good campus is not a luxury but a necessity for every educational school. An MBA school is not an exception. After unfurling the snapshots of IIM Calcutta campus, it’s time for MBAUniverse.com to continue the journey. Starting from the eastern corner of the country, let’s move towards the north, to Prabandh Nagar, Lucknow. Yes, you guessed it right! We are talking about one of the top MBA schools, IIM Lucknow.

IIM Lucknow was established in 1984 at the outskirts of this city of Lucknow, filled with rich culture and heritage. This fully residential MBA School has state-of-the-art computing and class room facilities and supported by an extensive library containing huge collection of books, journals, films, database etc. The lush green campus spread out for over 185 acres is a boon to the students of IIM Lucknow. The campus is enabled with all the facilities a student can ask for. The campus is always active and is a paradise for the sports freaks.

“The infrastructure of the campus makes it unique. The students are always busy with some or the other activities. It is sports friendly and has the facilities to play cricket, basket ball, volley ball, foot ball, anything that a sports lover can get involved with,” mentions Pankaj Bhatt, a second year student of the MBA School.

All in a day’s work:

There is not a moment of apathy spent by an IIM Lucknow student. “Though the class timings are different for the 1st and 2nd year students, the classes are generally held from early morning. After grabbing a quick breakfast at the hostel mess, the students rush to their respective classes,” says Bhatt. The classes are so tiring that the students crave for lunch and an afternoon siesta. “After lunch and a quick nap, we get back to our classes and get prepared for further activities,” Bhatt says.

The campus of this prestigious MBA School never runs short of activities. Bhatt says, “The campus is always vibrant with activities. Be it guest lectures, preparation for tournaments or events and practicing extra curricular activities.”

According to Bhatt, the students are night people when it comes to study. Since team work is an important aspect of management, the students are given lot of group assignments. “We generally choose night to complete our group assignments. We do not go to sleep generally before 2 in the morning!” Bhatt quips. So you can imagine how 24-hours of a day fall short for a student to spend in this effervescent campus.
Hangout zones in IIM Lucknow

“The most popular hangout zone of IIM Lucknow that every student of the campus would agree unanimously is the Nescafe corner,” Bhatt says. After all, who won’t prefer a refreshing cup of coffee after a laborious day? “Also, there is Guptaji’s fruit juice corner to douse the parched throat of the students, and Fouji Dhaba to gorge on some really tasty food. The night mess comes handy when we are doing group work till late in the night,” Bhatt informs. Hunger doesn’t take appointments to arrive even in the middle of the night!

For the sports stars of the campus, the chief hangout zones are the massive playgrounds, basketball court and the gym. The deep woods beneath the campus can draw anyone’s attention when it comes to hangout with friends or just spend some lonely serene moments.

Hostel Life:

“Our hostel rooms are very well designed and well furnished with 24-hour internet connectivity. The late night group-projects, with a pinch of enjoyment, add spice to the single occupancy hostel rooms,” said Bhatt who considers these attributes to be the best about his hostel. For students of this residential campus, the hostel is the big refuge.

Events to look forward:

Manfest is the gala event that takes place for two days in IIM Lucknow with over a budget of Rs. 20 lakh. This takes place in January every year. Manfest is the Annual International Business Conclave of this premier MBA School. Manfest also has cultural elements in it. “Index, taking place in November every year is the marketing research fair of IIM Lucknow. The event Ethon, which started from last year and Ocumen are other popular events held in the IIM Lucknow campus,” another student from the campus informs.

For the IIM Lucknow aspirants

“Don’t think twice before joining this MBA School. After you join, you will understand its worth. So leave no stones unturned in your preparations to be a part of IIM Lucknow.” This was all Bhatt had to suggest for all the IIM Lucknow aspirants.

Stay tuned to MBAUniverse.com for more premium MBA school campus stories.

AICTE approves 90 MBA institutes; 5,400 more seats now!

2009-07-28T02:57:00.000-07:00

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Of these 90 new MBA institutes, 40 are in Uttar Pradesh alone, finds MBAUniverse.com.

In spite of the slowing economy, the great Indian MBA rush continues. All India Council for Technical Education (AICTE) approved 90 new MBA institutes, with 60 seats each, recently. This amounts to 5,400 more new seats in the management education sphere. All these institutes will provide AICTE approved Post Graduate Diploma in Management (PGDM) program.

Incidentally, majority of these new MBA institutes have sprung up in the northern region of the country, in the states of Uttar Pradesh, Haryana and Rajasthan. Of these 90 new MBA institutes, 40 are in Uttar Pradesh alone! The rest are, however, spread across the country in North, East, West, Central and South. This comes as a good opportunity for MBA aspirants of neighbouring regions.

Remarkably, a lot of new institutions, societies/trusts have come up to take part in the great management education sector even in these uncertain times. They also cleared all norms laid out by the AICTE for providing MBA programs. However, it needs to be noted that getting the AICTE approval is not an easy task! A lot of MBA institutes in India are struggling for a long time to clear all tests and get AICTE’s approval for providing MBA programs.

A few well known institutes and educational societies/trusts, too, got AICTE approval. Some of the well known trusts that got AICTE's nod are Appejay Svran Institute of Management under Apeejay Education Society, Sai Balaji International Institute of Management Sciences under Sai Balaji Education Society, Indira Global Business School under Shree Chankya Education Society, CMS Global under Dr. K.N. Modi Institute of Pharmaceutical Education & Research Charitable Trust and Doon Business School-Global under Eskay Educational Trust.

First batch of MBA Tech graduates

2009-07-28T02:56:00.000-07:00

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Mumbai: Ninety eight students belonging to the first batch of the MBA (Tech) programme at NMIMS University's Mukesh Patel School of Technology Management and Engineering recently got their degree.

Addressing the students, the university's Vice Chancellor, Dr Rajan Sexana said, "Five years ago we saw a dream of developing Techno Managers in our University. It took us on a path of integrating engineering education with managementeducation and thus emerged our innovative programme, the MBA (Tech)."

Prior to it, Dr Rajan Sexana, vice chancellor of NMIMS University delivered the welcome address. Addressing to the students he quoted, "You are now entering in a world where there are no complete Black and White situations. All have high shades of grey. This grey component of real life situation will require a very high degree of problem solving and decision making skills, which I am sure you have acquired in your programme."

KV Kamath, chairman, ICICI was the chief guest on the occasion. He urged the students to be entrepreneurial. "Understand your weakness when you think of strength, it is the first plan towards success," he said.

GRE v. GMAT: Battle of the B-School Gatekeepers

2009-07-24T01:16:00.000-07:00

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With Harvard, Wharton, and other top schools planning to accept the GRE for admissions, cracks are beginning to show in the GMAT monopoly

The battle between two of the largest graduate school testing giants has been heating up recently as more business schools warm to the idea of providing students with an alternative to the Graduate Management Admissions Test (GMAT). Now another top-ranked business school is weighing in. The University of Pennsylvania's Wharton School(Wharton Full-Time MBA Profile) plans to allow MBA applicants to submit the Graduate Record Exam (GRE), for admission in the fall of 2010, says Admissions Director J.J. Cutler. It's part of a move by the school to attract a broader applicant pool, including dual-degree students, younger applicants, and international applicants from far-flung countries without GMAT access.

"We are trying to open up a little bit the different types of people that we want to apply to business school and we don't want to create additional hurdles for them to do so," Cutler says.

More B-Schools Embrace the GRE:

Wharton is following closely on the heels of Harvard Business School(Harvard Full-Time MBA Profile), which made waves this spring when it announced that it would allow applicants to submit the GRE for admissions. The institutions are joining the ranks of a small but rapidly growing number of business schools that are embracing the GRE, a standardized exam that students use to apply to a wide variety of graduate schools. The movement comes at a time when younger applicants—fresh out of college or just a year or two after graduation—are showing an increased interest in business school. For these applicants, many of whom have already taken the GRE, business schools that accept the test allow them to transition into an MBA program without studying for and taking another exam.

There are now more than 250 MBA programs that allow students, some on a case-by-case basis, to submit GRE scores with their applications, including most recently the University of Virginia's Darden School of Business(Darden Full-Time MBA Profile), Queen's School of Business(Queen's Full-Time MBA Profile) and Tulane's Freeman School of Business (Tulane Full-Time MBA Profile). While most of the schools say they still prefer most applicants to use the GMAT, they say the GRE is becoming a valuable tool in attracting sought-after and unconventional business school candidates who might not otherwise apply.

"The GMAT is a very successful standard for business schools, but that is certainly not the only standard," says Bill Sandefer, director of graduate admissions at Tulane's Freeman School.

This type of attitude represents a seismic shift in business school admissions. For decades, the GMAT test, given by the Graduate Management Admission Council (GMAC), has been the undisputed king of the management education world. The exam has been used since 1954 by business school admissions officers to evaluate candidates on their math, verbal, and critical-thinking skills.

Opening the Door to Competition:

Up until recently, the GMAT exam had a virtual monopoly over business school standardized exams. That all changed on Jan. 1, 2006, when GMAC cut its ties with the Educational Testing Service (ETS), with whom it had a decades-long partnership to develop and deliver the GMAT exam, moving instead to a new testing administrator, Pearson VUE. The severing of ties meant that ETS no longer had to abide by a noncompete clause with GMAC, giving it the green light to court business school admissions officers and promote the GRE as an alternative exam. Under the previous agreement between ETS and GMAC, this type of activity was forbidden.

"Once they ended the contract with us, we were able to move into this market," says David Payne, head of the GRE program for ETS.

To capitalize on the opportunity, ETS has been aggressively marketing the GRE to B-school admissions officers in recent months, placing advertising campaigns in key business publications, paying visits to business schools admissions teams, and developing new testing tools that it hopes will convince more schools to use the GRE, says Payne. ETS has also been promoting the exam as a more affordable option for students; it costs $150 to take the GRE, versus $250 for the GMAT.

Top Schools Sign Up for GRE:

ETS made headway several years ago when the Stanford Graduate School of Business(Stanford Full-Time MBA Profile) and MIT's Sloan School of Management(MIT Sloan Full-Time MBA Profile) announced they'd allow students to submit the GRE instead of the GMAT. The testing group's most significant coup to date was convincing Harvard Business School this spring to accept the exam for its MBA, as well its 2+2 Program, which accepts students straight out of college on the condition that they get two years of work experience before enrolling. Payne hopes that will have a ripple effect in the business school community.

8,000 students vie for MBA, MCA seats

2009-07-20T20:58:00.000-07:00

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BANGALORE: It's going to be tough for candidates who appeared for the Karnataka Management Aptitude Test (KMAT) 2009 on Sunday. The test, held for admission to MBA and MCA courses, has only 5,000 seats for MBA and 1,800 for MCA courses. In other words, the candidates will have to get very good scores to get into these courses.

This year, 8,000 candidates appeared for the KMAT across the state, of which a major chunk is from Bangalore. Conducted by Karnataka Private Post Graduate Colleges' Association (KPPGCA), the association permitted registered walk-in candidates to appear for the test. "A few candidates complained that Post-Graduate Common Entrance Test (PGCET) for the same courses conducted by the government was difficult. About 800 candidates from Karnataka, of these 600 from Bangalore, were registered through walk-ins. This year, the response was good," M Prakash, secretary, KPPGCA told TOI.

Both MBA and MCA papers carry 120 questions to be answered in 120 minutes. According to Prakash, the MBA paper has three sections -- logical reasoning, basic aptitude and language comprehension. "In MCA, basic aptitude is related to technology while the other two sections remain the same," he added.

Candidates who appeared for KMAT felt the paper was moderate while a few said it was bit lengthy. Math was breeze for a few students. Komal Kotak, a student of Sri Bhagawan Mahaveer Jain College, said: "Math was difficult in PGCET but it was better in KMAT. Other two sections were easy. However, my first priority is PGCET," she said.

Echoing similar views, Karthik M H, a student of Vijaya College said: "I am not very good in Math and that could be one of the reasons why I found it difficult. Aptitude and English were easy. But time was a problem for me. In PGCET, we had to answer 100 questions in two hours. In KMAT, it's 120 questions in 120 minutes. Some of them, especially passages in the English section, required more time."

Even as other candidates felt the paper was not too difficult, Navaz Ahmed Shariff of Al-Ameen College said: "I found English difficult while the other two sections were okay. PGCET was easier."

Two MBA students 'disappear' in US

2009-07-14T21:14:00.000-07:00

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Jalandhar , July 14 2009

Two MBA students of a private university who were part of a group which went on an educational trip to US have reportedly gone missing as the varsity authorities lodged complaints with police suspecting"foul play".
The two students, identified as Kuldeep Mittal and Srajan Kumar, were part of a 62-member team of Lovely Professional University&aposs MBA students who went on a one month educational trip to US on June 13, director of the university Aman Mittal said.

They disappeared from Charlotte airport on July 11 when they were to fly back to India, Mittal said.

He said the faculty members, who accompanied the group, suspect foul play by the students and their family and lodged complaints both with the US authorities and the district police in this regard.

Mittal alleged"the students fled with the consent of their parents which could be evident from the response of their family as they did not seem to be disturbed at the news of their wards&aposdisappearance".

He said Kuldeep, a resident of Uttar Pradesh, escaped from the security area on the pretext that he forgot a bag behind but he didn&apost returned and while the faulty members were lodging a complaint about him, another student, Srajan, who belonged to Haryana, found an opportunity and disappeared.

How will I fund my son's MBA?

2009-07-06T20:54:00.000-07:00

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Mumbai: It may appear impossible for a nuclear family to live comfortably in Mumbai. But one could not be more wrong. For one government employee, the Sixth Pay Commission has done wonders. Though Govind Singh's salary has risen sharply over the last year, the increase in prices of goods along with the rise in college fees has somewhat mitigated what could otherwise be termed a windfall.

Anshu Singh, 18, is pursuing BE in Information Technology from Padmabhushan Vasantdada Patil Pratishthan's College of Engineering, Sion, and his sister, Sonali Singh, is working hard to crack the entrance for Indian Institute of Technology. The family of four is content but like any other parents, Govind and Manju Singh are worried about their children's future, and growing competition is adding to their worries.

Singh was hoping that the finance minister will increase the tax exemption slab so that he could save more money for his children. But this didn't happen, and now Singh is worried about funding his son's MBA in the near future.

With low bank rates, investing money is not so profitable, says Singh. Moreover, their dream of owning a two-bedroom house will be postponed once again as the budget didn't announce any relief for housing loans. They are currently living in government quarters in Matunga.

Govind, a railway employee, doesn't have to worry about medical expenditure because of the facilities available in government hospitals. But he is worried about the huge hike in college fees.

In the household budget, increase in prices of day-to-day goods and groceries form the major chunk. "I don't understand too much of economics and finance but when the prices of goods are raised, it definitely affects our pockets. I was hoping that the prices of goods will be cheaper but the budget has disappointed me," said Singh.

"We have already cut down on our entertainment expenses and even travel, but despite that, we cannot think of buying the much-needed vehicle for the family," said Manju.

MBA students Not all bad

2009-06-29T20:37:00.000-07:00

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Despite the negative press, many MBA students remain a force for good.

THERE is something about MBAs and the schools that train them which brings out the ire in otherwise mild-mannered people. Even before the economic crisis put their current practices in the frame, its holders and providers have got used to being held to account—and usually found lacking—by self-appointed judges.

Five years ago Henry Mintzberg (see article), a business professor at McGill University in Canada, led the charge with his claim that top schools such as Harvard Business School (HBS) were obsessed with numbers and were undermining the value of management by trying to turn it into a science. Lately he has been joined by Philip Delves Broughton, who graduated from HBS in 2006 and promptly wrote “What They Teach You at Harvard Business School” (see review), a damning account of his time there. His criticism has turned Mr Delves Broughton into business education’s public enemy number one and helped legitimise a trend to blame schools and their alumni for many of the world’s present economic woes.

Of course, it hasn’t helped that several of the chief executives cited as architects of the downturn, including Richard Fuld of Lehman Brothers, Andy Hornby of HBOS and Rick Wagoner of General Motors, all have MBAs from top schools. But are all MBAs really as villainous as Mr Delves Broughton describes? It is perhaps no coincidence that many of those he calls “Masters of Disasters” graduated in the 1970s. Arguably the moral compass of a new generation of MBAs, coupled with business schools' new-found commitment to teaching ethics, will avoid a repeat of their mistakes.

And maybe the good-guy MBAs—for they do exist—need to shout a bit louder. Take, for example, Jason Chuei, a young British veterinary surgeon, currently studying for an MBA at Melbourne Business School in Australia. After travelling extensively in developing countries and seeing the poor state of animal welfare in many of them, he turned his back on a potential high-paying job in the corporate world for a career in the non-profit sector. His aim is to set up a global veterinary charity and he sees the MBA as a way of developing the managerial skills and the international network of contacts he will need to make that happen.

Stephen Thornhill, an MBA from Warwick Business School in the UK, is working with an NGO in rural Malawi to develop a programme to stop the transmission of HIV from mothers to children and has raised $250,000 in funding for the venture. Meanwhile, MBAs from ESADE in Spain are working on social development projects covering such areas as recycling, the rehabilitation of the disabled, water decontamination and solar energy.

Messrs Chuei and Thornhill hardly fit the Gordon-Gekko mould. And they are hardly alone. Witness the volunteer work of a group of students from Baylor University in Texas. While Jeff Skilling, former CEO of Enron and a Harvard MBA, serves a 24-year term at a federal prison for fraud, the current Baylor class have just won an award for their mentoring work with prison inmates in the Prison Entrepreneurship Programme, an initiative started in 2004 by Catherine Rohr, a former Wall Street investor and MBA graduate from the University of California at Berkeley's Haas School.

There are even signs of new thinking at Harvard. There, second year students have devised a pledge to act ethically in future business dealings, which they want fellow classmates to sign (see article). Some on campus have dismissed the pledge as empty rhetoric, but the protagonists are pleased to have signed up over half the class of nearly 900, and have since attracted signatories from other schools. (Cynics might wonder just what the other half intend to do after graduation that puts them off making the promise of good behaviour; imagine if only half of the Harvard Medical School’s doctors agreed to take the Hippocratic Oath.)

In any case, given that the average age of a Harvard MBA student is 27, is it too late to start trying to instil a sense of ethics once they are on the course? One institution that takes this view is Berkeley's Haas School. Peter Johnson, the school’s director of admissions, believes that the best approach is to look for applicants who are not only smart, accomplished and ambitious but who also reflect the solid ethical values of the programme. “We tend to weed out those whose only goal is access to the corporate jet and lucrative stock options,” he says. “It’s OK to make money, we just want our students to understand how to do it responsibly.” The weeding-out process appears to work. This year more than 70 Haas students are working on development plans in emerging economies whilst others are taking part in consulting projects for non-profit organisations in a programme jointly run by the school and McKinsey & Co, a consultancy.

However, while their response to criticism has been commendably fast, business schools are also open to the accusation of acting faddishly. To win over their detractors they will need to prove that their commitment to ethics and sustainable business is not just a public relations act, but for sound commercial and social reasons. Perhaps then one day, people may even warm to them.

Congress hires MBA to bring state unit ‘on line’

2009-06-29T20:35:00.000-07:00

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Posted: Monday , Jun 29, 2009 at 0210 hrs IST
Lucknow:

The Uttar Pradesh Congress Committee has formed a Research and Development Cell for preparing a database on issues affecting the state.

The cell will train and educate partymen on these issues and work to ensure connectivity of party offices across the state through Internet.

The task has been given to 40-year-old Mohd Tariq Siddique, an MBA from Aligarh Muslim University, and general secretary of the Lucknow Management Association.

“The cell has been formed with the consent of Rahul Gandhi for professionally managing the Uttar Pradesh Congress Committee. I have been given the nod to recruit professionals,” said Siddique, who once worked with Fiat India and now runs his own business.

“After forming a team, my task would be to strengthen the database. This database would be of two types, one about the Central schemes in the state and the other about the issues affecting the state,” said Siddique.

Anna University To Penalise 4 Colleges Lacking Infrastructure

2009-06-25T05:12:00.000-07:00

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CHENNAI: Even as higher education minister K Ponmudy on Wednesday made public the penal action against four self-financing engineering colleges in the state, the Anna University (Chennai) has decided to act against four more engineering colleges, which were found wanting in physical and academic infrastructure.

It is reliably learnt that the university has decided to debar four institutions from admitting students in the first year in one course each. "The Gopal Ramalingam Memorial Engineering College in Padappai will be barred from admitting students to the BE Aeronautical Engineering course. The Sri Krishna Engineering College, also near Padappai, has been found wanting in the MBA programme. Likewise the New Royal College of Engineering and Technology in Mamallapuram and the Sri Padmavathy College of Engineering in Kancheepuram have been barred from admitting students to the B.Tech Information Technology course," a syndicate member of the Anna University (Chennai) said.

Last month, the university had issued notices to 31 private engineering colleges which were offering 85 courses without adequate infrastructure. "The university had given them 15 days time to rectify the deficiencies pointed out by the inspection teams and submit a compliance report. Accordingly, the management of 27 engineering colleges submitted the compliance report. A second round of inspection carried out by the university revealed that the remaining four colleges had not improved the physical and academic infrastructure required to effectively conduct classes in select courses. Following this it has been decided to put admission on hold in these courses," he added.

However, students in the second, third and fourth years will continue to study in the same institutions.

Thunderbird school: MBA grads finding tighter job market

2009-06-22T20:40:00.001-07:00

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Corporate recruiting of graduates with master's of business administration degrees is down 30 percent at some schools since the fall, according to a recent survey released by the MBA Career Services Council. That delivers a blow to MBA students, the average of whom graduates with about $36,000 of student loan debt, according to www.finaid.org.

About 500 MBA career counselors and corporate recruiters gathered for a conference at the Arizona Biltmore Resort & Spa last week to discuss strategies they are using to connect graduates with jobs during the downturn.

AT&T, Intel Corp., Johnson & Johnson, the Gallup Organization and Liberty Mutual were a few of the companies represented and looking to hire.

Kip Harrell, the Associate Vice President of Professional and Career Development at Glendale's Thunderbird School of Global Management, was on site to answer questions and spoke with The Republic:

What have recent MBA graduates and their counselors done to find jobs?

Employment is down anywhere from 10 to 20 percent over a year ago and they've really had to get creative to find hidden MBA-level jobs. That means looking at places that may not traditionally hire MBAs, such as small and medium-sized companies and non-profit organizations. Many are going to their alumni and asking if there is any contract work.

Salary is something that is compromised on from both ends. Graduates may accept less money, though at the same time non-profits and others are offering to pay more than usual because they know the market is ripe for cherry-picking MBA grads that may not have jobs otherwise.

What sector of MBA-level jobs has suffered least?

Financial services has been hit the hardest, but we are seeing strong interest from government agencies, non-government organizations such as the U.N. or Red Cross, and non-profits. Healthcare is holding steady and we are also seeing an increase in clean-energy demand. So, big oil companies, big energy companies and new alternative energy companies are showing more interest.

Within financial services, corporate finance internal audit jobs have been hit least. Investment banking jobs were hit hardest, and to some extent, private equity and venture capital because of the tightened credit markets. Although, we are starting to see some signs of that loosening.

What is the most practical advice you would give to someone about to enter, or considering enrollment in, an MBA program?

By the time they graduate, we will be two years into recovery and things will get better. In the meantime, hope is not a strategy. From the minute they step onto their campus, they need to use their career services office and follow the advice those people have to offer.

Regarding post-graduate salaries, I don't think you will see the same percentage increases year over year as you have in the past. Over the next few years, salaries will remain flat.

What advice would you give to unemployed MBA graduates?

Continue to network. Reconsider your target list. Add new firms to your list. If you are in financial services and you wanted to work on Wall Street, maybe a better alternative would be to go into corporate finance at a large firm.

Thunderbird school: MBA grads finding tighter job market

2009-06-22T20:40:00.000-07:00

Where are MBA jobs?

2009-06-15T04:09:00.000-07:00

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The slowdown in the economy has resulted in several jobs shrinking and the companies are going slow in recruiting. But there are jobs for the MBA graduates, particularly in sales, FMCG, telecom and consulting areas among others.

But where are the MBA jobs? The jobs, according to industry experts, are unfolding in new areas and domains in Tier-II and-III cities and in rural areas.

Data from various reports indicate that the world output this year is projected to grow at just 0.5 per cent as compared with 3.4 per cent in 2008 and 5.2 per cent the year before. This is the first time after World War-II that the advanced economies are facing a possibility of shrinking by about 2 per cent.

“Jobs will be there in Tier-II cities and sales jobs dominate others,” said T Muralidharan, executive chairman of TMI Network, a member agency of the Bernard Hodes Global Network. Treating the first job as an extension of the college would be the best approach with the job situation in today’s market.

Good academics, soft skills and computer skills and learning on the job would be the primary requirements for candidates to find a job, he added.

Muralidharan and other management professional on Saturday attempted to provide answers to the queries of young graduates on the job scenario in these troubled times. Business Standard spoke to some of them at CXO Advice, an event organised by the IIM Ahemdabad Alumni Association, Hyderabad chapter.

According to N Venkat, chief executive officer and executive director of Emami Limited, FMCG sector will be a massive provider of jobs in the days to come, largely due to the high domestic demand and growing disposable incomes.

The FMCG sector is estimated to be a $800-billion market in India and the rural areas now contribute about $350 billion. The penetration of deodourants, tooth pastes, cosmetics and a host of other sectors is low now in the rural areas, he said. An effort to tap into these markets would need huge manpower. Neutraceuticals, specialised skin products, men’s personal products, health foods and others are the growing segments. As a result, packaging, raw materials, retailing, logistics and warehousing sectors will see a boom.

There would be jobs in marketing, sales and distribution, human resource development, finance and operations and supply chain management and rotation of jobs would be a common thing, he said.

Rahul Verghese, founder and chief believer of Running and Living Infotainment Private Limited, who specialises in conducting half-marathons and other runs, said there was money in promoting sports and adventure games.

More and more companies are looking to these to build team spirit among the employee, to develop leadership and to break to the monotony of the corporate rigours among others.

Verghese’s work involves getting the people started to run. “Running increases confidence and improves the productivity. Also, there is a lot of scope for branding,” he said about the possible scope to market running gear.

According to him, there is a business potential in sports, skiing, rafting, adventure games, sports gear and a host of others. Schools, colleges and corporates present a good target for marketing. “One should look oneself as a product and go over all they learnt at business schools,” he said.

S Nathan, regional director (talent) Deloitte India, said consulting will offer a lot of opportunities for MBAs in technology, management and human resources, law, taxation, financial planning, research areas across financial, healthcare, telecom, media, consumer products and energy resources.

Bharti Airtel Limited chief executive officer (Andhra Pradesh circle), said there will be a massive need for sales and service personnel in rural areas if the growth in mobile subscriber base is any indication.

In an initiative that will help the MBAs, the IIM-A Alumni Association will soon put out a list of various career options that are available on its portal, said its president additional director general of police (coordination) S Ramana Murthy.

50 MBA Institutions come under govt scanner

2009-06-04T21:26:00.000-07:00

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BANGALORE: Exasperated with the flood of complaints from students about un-recognized degrees and indifferent college managements, the state government has decided to put over 50 institutions under the scanner. These include B-schools and aerospace institutes.

Most of these institutes do not have the required recognition, either from the state government or the apex body. In some cases the institutes are not affiliated to universities offering undergraduate course. A few others are neither off-campus centers, nor are they deemed universities.

Higher education department officials told The Times of India that mid-last year, the All India Council of Technical Education (AICTE) sent a letter to the chief secretary identifying such 22 colleges in Karnataka, a majority of which are in Bangalore. Notably, one of these is ICFAI Institute of Science and Tech. Students in one of its branches had gone on a rampage last month over de-recognition and false promises from the managements.

The AICTE had asked the chief secretary to take necessary action, including lodging an FIR, after the council examined the replies of the colleges to a show-cause notice. Action was initiated after technical courses conducted by these institutions were found to be without mandatory approval from AICTE. The department has already sent the matter to the legal department and are awaiting a reply.

The department has also identified 12 colleges which are offering the courses without any approval from AICTE or government. Officials say more are being brought to their notice, and they will examine these too. Most of these are in Bangalore.

These institutions predominantly offer the MBA course. Some, however, offer courses in aerospace engineering, distance education in engineering and hotel management. Interestingly, some institutes claim to have collaborations with foreign universities. “One institute which offers MBA claims to have collaboration 22 foreign universities! When it comes to aerospace engineering, those in the industry would have started the colleges. But they too need permission,” the official said, on the condition of anonymity.

Some of these colleges have good infrastructure and faculty but do not have proper recognition. “Students get carried away when they see the colleges with good infrastructure. In some cases, colleges promise students educational tours abroad, and this works well to lure students. In most cases they fail to check the recognition of the institutions properly,” the official observed.

Higher education minister Aravind Limbavali told TOI these colleges would be issued show-cause notices. “Based on the reply, further action will be initiated. If any management wants to start a campus then it needs to get the necessary permission,” he added. The department has given the assurance that if action is taken against any institution, students would not be affected as they would be relocated to other institutes. One way to see that students don’t fall into the trap would be to issue public service advertisement with the list of unrecognized institutions, said the minister.

How Do You Know the Perfect MBA School For You?

2009-05-20T02:26:00.000-07:00

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These days everyone wants the amazing thing called the MBA degree because it is one of the best and most sure-fire ways to send your career to cloud nine. Many people of talent and ability have benefited from the scientific and thorough training being given to those select candidates who have passed the screening and are now set to take over the world with their incomparable advantages. But of course, before you decide to take admission at Best MBA Colleges in India, it's always best to discover what kind of school is the right choice for you and your career.

There are many considerations that you have to keep in mind while searching for Best MBA Colleges. Finding yourself in the wrong school would most probably spell disaster because either the program isn't right for what you intend, the costs are too high, you can't afford to go all the way to another state, or some other reason. So it's vital that you keep these things in mind before you go enrolling to your schools of choice:

- Reputation: This is one of the first things you should look at when searching for your Best MBA school of choice. In the end, it may not always be justified but employers really give consideration to your school's ranking. It's like measuring the difference between a high level officer and a rank and file employee. A better ranked school usually leads to more and better opportunities.

- Location: Because of the costs of leaving and relocating to a different city or state, it is usually more convenient to study at a school that's much closer to home. Peers and connections are important parts of studying so location is always vital. And if you're planning to do part-time work together with taking your MBA, then it becomes even more of a factor in your choice of Best MBA school.

- Cost: If you happen to get a scholarship or you manage to get funding, this wouldn't be so much of a problem. But if not, it is absolutely critical that you choose a Best school for MBA within your financial capabilities.

- Accreditation: This is another important consideration, perhaps more than your school's reputation. It means that the school you are enrolling in meets all the prerequisites of governing bodies. As there are more and more Best MBA Schools that offer alternate and sometimes, sub-par ways of attaining a degree, this is absolutely important for your choice, ensuring you get the best education you possibly can. Known accrediting bodies include: The Association of MBAs (AMBA), The European Quality Improvement System (EQUIS) and The Association of Advance Collegiate Schools of Business (AACSB).

These are only some of the considerations you could keep in mind when you try to apply for an MBA. It's always important to know what school you are applying to completely before you go through the process. So research, call them up or even visit the schools yourself.

Best Schools For MBA

2009-05-06T02:01:00.001-07:00

These days everyone wants the amazing thing called the MBA degree because it is one of the best and most sure-fire ways to send your career to cloud nine. Many people of talent and ability have benefited from the scientific and thorough training being given to those select candidates who have passed the screening and are now set to take over the world with their incomparable advantages. But of course, before you decide to take an MBA degree, it's always best to discover Best schools for MBA which is the right choice for you and your career.

The news that the business schools are listening to the needs of the marketplace and are taking actions to response to the challenges is very encouraging. And if the changes at the best MBA schools start producing MBAs with the critical interpersonal skills needed, the business schools can proudly proclaim, “We practice what we teach!”

All the Best MBA colleges of India are basically involved in two spheres: one, to absorb students who seek a business qualification, and the other, to make available these students to different companies who seek them. When students enter MBA schools in India, they are almost assured that they will get a good job when they graduate from the institution. Hence, placements play a critical role in determining the success or failure of MBA colleges.

But with the passage of time, both the spheres have become more demanding. Students have supreme confidence in their capabilities and have their own list of preferences of MBA schools in India. In the same way, business houses are in search of people who can satisfy a variety of requirements and who can serve them in the best possible way. All this has led to the development of new branches in MBA and also tough demands on the graduates of different MBA colleges.

Best Colleges For MBA:

Indian Institute of Management	Ahmedabad
Indian Institute of Management	Bangalore
Indian Institute of Management	Calcutta
Indian Institute of Management	Lucknow
National Institute of Industrial Engineering	Mumbai
Management Development Institute	Gurgaon
Xavier Labour Relations Institute	Jamshedpur
S.P. Jain Institute of Mgmt & Research	Mumbai
Faculty of Mgmt Studies, University of Delhi	Delhi
Shailesh J. Mehta School of Mgmt	IIT-Bombay
Indian Institute of Management	Kozhikode
ICFAI Business School	Hyderabad
University Business School	Chandigarh
Dept of Mgmt Studies	IIT-Delhi
Xavier Institute of Management	Bhubaneswar
Lal Bahadur Shastri Institute of Management	New-Delhi
Institute of Rural Management	Anand
Indian Institute of Foreign Trade	New Delhi
International Management, Institute	New Delhi
Goa Institute of Management	Goa
Institute of Management Technology	Ghaziabad
T.A. Pai Management Institute	Manipal
Indian Institute of Management	Indore
Fore School of Management	New Delhi
Symbiosis Institute of Business Management	Pune
Regional College of Management	Bhubaneswar
Indian Institute of Modern Management	Pune
NIILM Centre for Management Studies	New Delhi
Prin L.N.Welingkar Inst. of Mgmt Development	Mumbai
Loyola Institute of Business Administration	Chennai
Vinod Gupta School of Mgmt	IIT - Kharagpur
Institute for Technology & Management	Mumbai
Alliance Business Academy	Bangalore
Graduate School of Business & Administration	Noida
PSG Institute of Management	Coimbatore
Prestige Institute of Mgmt & Research	Indore
Institute for Financial Mgmt & Research	Chennai
Jaipuria Institute of Management	Lucknow
Indian Inst. of Social Welfare & Business Mgmt	Kolkata
Bharathidasan Institute of Management	Tiruchirapalli
Asia Pacific Institute of Management	New Delhi
Department of Management Science, Pune University	Pune
Amrita Institute of Management	Coimbatore
Rourkela Institute of Mgmt Studies	Rourkela
Rajagiri School of Management	Cochin
Indian Institute of Rural Management	Jaipur
N.L. Dalmia Inst. of Mgmt Studies & Research	Mumbai
Indian Institute of Health Management Research	Jaipur
Master School of Management	Meerut
Kirloskar Institute of Advanced Management Studies	Harihar
Inst. of Business Administration & Training	Bhubaneswar
Vignana Jyothi Institute of Management	Secunderabad
BLS Institute of Management	New Delhi
Institute of Management Education	Ghaziabad
Sri Sringeri Sharada Institute of Management	New Delhi
Dept of Management Studies, University of Kashmir	Kashmir
SDM Institute for Management Development	Mysore
K.J. Somaiya Institute of Mgmt Studies & Research	Mumbai
Symbiosis Institute of International Business	Pune
Dept of Business Management, Osmania University	Hyderabad
Sydenham Inst. of Mgmt Studies & Research	Mumbai
School of Mgmt Studies, Hyderabad University	Hyderabad
Jagan Institute of Management Studies	New Delhi
New Delhi Institute of Management	New Delhi
Mount Carmel Institute of Management	Bangalore
Dept of Management Studies, REC	Tiruchirapalli
Institute of Public Enterprise	Hyderabad
National Institute of Management	Calcutta
National Inst. of Agricultural Extension Mgmt	Hyderabad
United Institute of Management	Allahabad
Gitam Institute of Foreign Trade	Visakhapatnam
Birla Institute of Management Technology	New Delhi
Dhruva College of Management	Hyderabad
KLS Inst. of Management Education & Research	Belgaum
Integrated Academy of Mgmt Technology	Ghaziabad
College of Mgmt Studies, GITAM	Visakhapatnam
Dept of Business Admin. Guwahati University	Guwahati
Aravali Institute of Management	Jodhpur
Symbiosis Institute of Management Studies	Pune
Shiva Institute of Management Studies	Agra
Integral Institute of Advanced Management	Visakhapatnam
Xavier Institute of Social Service	Ranchi
Department of Commerce & Management Studies	Calicut
Bharati Vidyapeeth's Inst. of Mgmt Studies	Mumbai
International Institute for Special Education	Lucknow
School of Mgmt Studies, Cochin Univ. of Sc. & Tech.	Kochi
Kousali Institute of Mgmt Studies	Dharward
St. Joseph's College of Business Administration	Bangalore
Institute of Technology & Science	Ghaziabad
Siva Sivani Institute of Management	Secunderabad
Alagappa Institute of Management	Karaikudi
Institute of Productivity & Management	Ghaziabad
Institute for Technology & Management	Chennai
Institute for Technology & Management	Bangalore
Inst. of Finance & International Management	Bangalore
Indian Institute of Science & Management	Ranchi
Institute of Management Studies	Noida
Institute of Mgmt & Information Science	Bhubaneswar
Department of Business Administration	Bhavnagar