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ISBE

IIPM SCHOOL OF BUSINESS AND ECONOMY

The NANO MBA
World-Class. Upcompromising. Affordable.

Now IIPM’s
World-Class Education…
for everybody!!!

FOR STUDENTS
Full Time Programme in Planning and Entrepreneurship 2009-2011
Eligibility: 20 years

WORKING EXECUTIVES
One Year Executive Programme in Planning and Entrepreneurship 2009-2010.
Eligibility: Minimum of one year’s work experience after graduation.

Both Courses also make students Eligibile for a
MBA DEGREE
From International Management Institute, Brussels, Europe

FREE LAPTOP are provided to all ISBE students.

CAMPUS:
Delhi. Mumbai. Kolkata. Bangalore. Chennai. Pune. Hyderabad. Ahmedabad. Gurgaon. Noida. Chandigarh. Lucknow. Jaipur. Indore. Bhopal. Cochin. Bhubaneshwar. Dehradun

LAST DATE OF REGISTRATION 31ST OCTOBER 2008

COLLECT YOUR FREE PROSPECTUS (IN PERSON OR BY POST) FROM IIPM OFFICE TODAY ITSELF.

CHENNAI:
IIPM Tower, 145, Marshall’s Road, Egmore, Chennai

DELHI:
IIPM, NBCC Plaza, Sector 5, Pushpa Vihar, SAKET, New Delhi-17.

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For more information, free tests & more articles, visit: www.tenaday.in The UCT GSB recently played host to a large class of Indian Institute of Planning and Management (IIPM) students who were on a tour of South Africa to learn more about a fellow developing country on the move and its relationship with India. The IIPM students were given two days jam-packed with valuable insights from a range of experts and leaders, from Mrs Ruchira Kamboj, Minister and Head of Office for the High Commission of India in Cape Town, to Dr Mills Soko, Senior Lecturer at the GSB among others. The group was exposed to details on the nature of the relationship between South Africa and India, the opportunities for trade, and the South African market. Virat Bahri, Professor of Marketing Management at IIPM and Abhishek Kumar, Manager: Market Research at IIPM, the two faculty members leading the tour to SA, said the trip was part of a larger programme at IIPM called Global Opportunity and Threat Assessment (GOTA), an integral part of learning experience at IIPM. The programme has sent students to Europe, USA, Australia, Singapore, Malaysia and elsewhere, visiting factories, universities and other businesses. “This was our first African visit on the programme and we chose SA because of the similarities to India, the strong ties and good business opportunities. IIPM recently ranked number one in India for Global Exposure for MBA students – we live in a globalised world, so we believe these students need to learn global best practices to bring back to India. It also gives them a chance to explore career opportunities and gain cultural exposure,” said Professor Bahri. Mrs Kamboj told the students that South Africa and India had a special relationship based on a shared history. “There continues to be a lot of high-level interaction between our two countries, such as through a number of state visits and bi-lateral and multi-lateral developmental initiatives such as IBSA (between India, Brazil and South Africa). While at a political level the relationship is going very well, what needs to really be beefed up are the institutional links – the bottom line is more direct people to people interaction,” she said. There remain some myths and misperceptions on the part of people in each country and these must be broken down for future relationships to flourish, she added. A great platform for trade has been set up, which means opportunities for business. “There are a host of trade agreements in place and others in the pipeline that will create unprecedented opportunities for trade growth. Already there are companies taking hold of opportunities, such as Tata which now has a big presence in SA and companies like SAB and Old Mutual which have invested in India. What we are trying to do as a government is play a facilitating role for further business interaction, such as through our forums hosted in the major South African cities, and through bringing businesspeople to the country to network,” she said. Dr Soko said that the cause of the low trade levels still seen between developing countries like SA and India is due to the legacy of many of these countries depending on trade with the US and EU. “In South Africa, for example, 43% of trade is with EU countries and the picture is similar in many other developing countries. There exists a perception gap between developing countries when it comes to each other, and many misperceptions do exist. While many agreements like IBSA have been put in place, businesspeople on the ground also don’t have a good understanding about them and some are suspicious of them as they fear competition in the domestic market. It is the responsibility of government to inform the business sector better and of the opportunities that can be unlocked and more needs to be done here. Greater interaction between business schools, such as through tours like this one, can also play a valuable role,” he said. Elspeth Donovan, a former MBA director at the GSB and currently head of the Executive Leadership Programme at GSB Executive Education, said that another way in which South Africa can benefit from India is in entrepreneurship development. “Looking at data from the Global Entrepreneurship Monitor in 2006 and 2007, South Africa is well behind India and other developing countries in the entrepreneurship stakes. There are a number of inhibiting factors with the main ones being access to finance and a lack of education. Government has put positive programmes in place but in reality these are not having a big impact – India is performing better and a good education system has a big part to play as well as finance for SMMEs. Understanding how this has been achieved could help us to find solutions that work here in South Africa.” For more information, free tests & more articles, visit: www.tenaday.in

May 2024
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