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Source: http://management-india.blogspot.com/2008/10/singapore-human-resources-institute.html

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Ahmedabad, October 15 The Indian Institute of Management, Ahmedabad (IIM-A) is all set to introduce a new course for senior managers of multi-national companies and entrepreneurs from next January. The programme will be launched in collaboration with the Duke University’s Fuqua School of Business.The programme will aim to “enhance the capabilities of leaders to innovate, succeed and grow their business in the global economy.”

According to IIM sources, the course is also targeted at exploring “new models of organisation and leadership in an inter-connected world.”

Keeping in mind the multi-cultural environment of the present day corporate world, the programme will also build the capacity of the participants in this direction.

Named the ‘Global Leaders Programme: Growing and innovating in a flat world,’ it is divided into two eight-day modules separated by a short inter-session.The first module will be held at IIM-A, while the second one will be held at Duke University in Durham, North Carolina.

“With the global interest on the Indian economy rising, this is the right time to offer such cross-cultural courses,” said IIM-A Director Samir Barua. “We are offering quite a few such courses. By doing this, we are not only exposing the Indian entrepreneurs and managers to the global scenario, but also helping the managers from other countries to understand the management scenario in the Indian socio-economic milieu,” he added.

IIM-A faculty member Deepti Bhatnagar will coordinate the course at Ahmedabad, while S Vishwanathan will be doing the same at Durham.

The course fee is 21,000 dollars (Rs 10.2 lakh approx).

It may be noted that the IIM-A had tied up with the Fuqua School of Business to design open enrolment programmes for executive education for the global market in 2006.

Duke had preferred IIM-A over its Chinese counterparts due to a higher number of multi-national companies and a high standard of management education in India.

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Source: http://www.indianexpress.com/news/IIM-A-comes-up-with–cross-cultural-course–for-senior-executives–entrepreneurs/373996

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Panjab University, Chandigarh announces admission to its 2 year Full Time Post Graduate Programs in Management (PGDM).

The institute offers MBA (IB), MBA (HR) and MBA (Biotech) at its campus and at PURC Ludhiana.

Eligibility
Bachelor’s degree with 50%
Final year students of a graduation course can apply

Admission Process
Written Test (CAT of IIMs) + GD + Performance/Personal Interview

Entrance Test Date
CAT score is required for admission. CAT is scheduled for 16-Nov-08

Application Fee
Rs 1000/- for Application. The application form is available at the University or the State Bank of India extension counter at Panjab University

Application form can be downloaded from the university website at http://ubs.puchd.ac.in

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Source:   http://indianexams.blogspot.com/2008/10/mba-at-panjab-university-chandigarh.html

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Tier-II cities like Lucknow, Pune and Coimbatore are driving up the numbers

MUMBAI: The race for the IIMs just got tougher. Applications for the Common Entrance Test (CAT) have soared by 26% this year which means each seat will have 170 contenders. A total of 1,700 seats are up for grabs in the six premier B-schools across the country.

Interestingly, though there has been an overall rise in the number of applicants, it’s Tier-II cities that have spurred the numbers.

A total of 2.9 lakh students will take the CAT this year as compared to 2.3 lakh last year. This year, there are an additional 200 seats too. Besides the IIMs, several other management institutes also use CAT scores for admission.

“We have got around 60,375 applications this year from Delhi and Lucknow centres. Though the applicants have risen by 19% in Delhi, in Lucknow [tier II city], applications have shot up by almost 90% in the past two years. One reason for this could be the increasing popularity of CAT,” says Saji Nair, chairperson (admissions) at IIM Lucknow.

“Many new B-schools have come up in the North and they have also started accepting CAT scores and this could also be a factor that’s driving up the numbers,” adds Nair.
As compared to the 19% in Delhi’s applicants and an 18% hike in Mumbai, the numbers are higher in cities like Noida (25%), Coimbatore (27%), and Gurgaon (21%).
Satish Deodhar, chairperson (Admissions), IIM-Ahmedabad, says applications in Pune have gone up tremendously.

“It has always been an education hub and the awareness about the opportunities after CAT is increasing, which was not there earlier,” he added.

Deodhar added that the rise in Ahmedabad centre (which also comprises Mumbai) is not as much as the Bangalore centre (which comprises Pune). The increase in Ahmedabad centre is only by 18%, whereas the Bangalore centre has seen a rise of 28%.

Some experts also feel that the perception about an MBA is changing for young people in tier II cities. “The increase is all-round. Even applications in Mumbai and Delhi are going up, but for people in tier II cities, an MBA is a passport to success. They were not aware of the avenues that an MBA degree offered earlier,” says Aks Srinivasan of TIME, a coaching institute.

Srinivasan says candidates are moving from Bihar, Uttar Pradesh and Madhya Pradesh to metros like Mumbai and Delhi only to get trained for CAT. “We are also noticing the same shift in towns like Akola and Aurangabad in Maharashtra,” says Srinivasan.

While increasing awareness is one factor, the global market crash may also be playing a role in the interest in an MBA. “There’s been a rise every year. In 1997, there were just a few thousands appearing for the CAT, while the increase is manifold today. This year, students might be worried about the US meltdown and the fear might be forcing many candidates to acquire an MBA due to job uncertainty in the future,” says Shiva Kumar, director (academics), Career Launcher, an institute which grooms candidates for the CAT.

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Source:  http://spoonfeedin.blogspot.com/2008/10/india-cat-race-hots-up26-jump-in.html

Yogita Rao

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KOLKATA: The global financial crisis seems to be sparing no one—not even the golden kids at the premier Indian Institutes of Management (IIMs). As summer placements loom around the corner and final placements come up in just a few months time, for IIM students there are apprehensions aplenty.

Fewer offers, lower salaries and lesser foreign jobs are just some of the problems these students are likely to face as they gear up for what IIM circles fear could be one of the worst years in terms of placements after the dot-com bust.

“We could be looking at a 15-20 % fall in the number of offers,” IIM Lucknow placement incharge Suchil Kumar said.

“The situation will not be that bad in the summers but overall, pay packages are likely to be affected, though everyone will get a job. We will definitely not be seeing the 18-20 % growth in highest salaries which we see every year,’’. Mr kumar added.

The financial sector, of course, is set to be the worst hit. “Lehman Brothers has withdrawn pre-placement offers (PPOs) at most locations, except New York. Merrill Lynch is yet to confirm. PPOs offered by other investment banks still hold but we are apprehensive in case some are withdrawn later,” said IIM-C external relations secretary Debtosh Mishra.

According to Mr Mishra, pre placement offers are still coming in, but they have slowed down somewhat. However, he added that summer placements are likely to be impacted marginally as most companies have already come in for the pre-placement talks (PPTs).

While IIM circles are confident that they, of all b-schools , are likely to be least affected by the slowdown, they nonetheless anticipate a drop in the number of offers per student. They feel a lot of companies will be coming to campus to maintain the relationship they have with the institutes but will be hiring in smaller numbers.

“We are weighing more options this time around. Usually, we call about 70-80 of the 500-odd companies who want to come during the final placements. But this time, we plan to call around 100-110 ,” said IIM Kozhikode’s Sashank Malakapalli of corporate relations there is still likely to be a 14-15 % drop in the number of offers per student as compared to the 2.7 offers per student we had last year. Foreign jobs too, might take a 20-30%hit,”he.cell.

“As expected, students are a bit apprehensive seeing the current market scenario. But at the same time, everyone knows that recruiting might not be severely affected. However, said Falling prey Premier b-schools may see 15-20 % fall in the number of offer in the coming placements.

Lehman Brothers has already withdrawn pre-placement offers (PPOs) at most locations.
This year, IIMs don’t expect 18-20 % growth in highest salaries seen every year.
Job offers in the financial sector, of course, will be the worst hit.
Summer placements, however, are likely to be impacted marginally as most companies have already come in for the pre-placement talks.

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Source:  http://economictimes.indiatimes.com/News/News_By_Industry/Jobs/Fear_is_the_word_at_IIMs_too/articleshow/3598170.cms

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After International B-schools like Harvard, Stanford, and Oxford’s Said, increasing their India presence, Duke University’s Fuqua School of Business has decided to establish a presence in New Delhi as part of the B-school’s global expansion.Further, it named a board to advise the university on strategies for expanding and enhancing Duke’s presence in India. Duke’s Fuqua School of Business is ranked amongst the top 10 business schools in the US by Business Week magazine.

Fuqua’s plans are unique among business schools, extending beyond the limited, casual affiliations that traditionally define international academic programs, Fuqua Dean Blair Sheppard said in New Delhi on October 14. Each of Fuqua’s new regional engagements will feature open enrollment executive education, at least two research centers, Duke faculty or joint faculty appointments, service-based activities focused on local needs, an MBA offering (with the exception of Johannesburg), a Duke Corporate Education presence and involvement of other parts of Duke University.

Beyond New Delhi, Fuqua’s global expansion initiative will include new Fuqua programs in Shanghai, China; London, UK; Dubai, UAE; St. Petersburg, Russia; and Johannesburg, South Africa.

Duke Corporate Education already collaborates with the Indian Institute of Management Ahmedabad to provide custom corporate education programs.

The advisory board, consisting of graduates of Duke University & Fuqua’s MBA programs, will also assist Duke in forging new partnerships in the country.

The board will be chaired by Malvinder Singh, CEO and Managing Director of Ranbaxy Laboratories Limited. Other board members include, Dr. Amit Mitra of FICCI; Suhail Nathani, Partner, Economics Law Practice; Timothy Kasbe, Chief Information Officer, Reliance; Sanjith Shetty, Vice Chairman, Soham Infrastructure Pvt. Ltd.; Devinjit Singh, Managing Director-Asia, Carlyle Group; Shivinder Singh, CEO and Managing Director, Fortis Healthcare Limited; Vikrampati Singhania, Deputy Managing Director, J.K. Organization; and Bharat Tandon, President and CEO, SABIC India Pvt. Ltd.

“Fuqua has made a commitment to becoming the world’s first legitimately global business school,” Dean Sheppard said. “From the very start, our expansion plans have included India, one of the world’s most quickly emerging and rapidly evolving economic and cultural centers. Utilizing our strong alumni network in India is vital to our goal of delivering The Duke MBA experience to tomorrow’s global business leaders.”

Duke President Richard H. Brodhead noted the importance of India in Duke’s future plans. “I don’t think anyone would dispute that with India’s size, economic and political strength, and its vast pool of talented students and academics, it is a place from which we can learn a great deal,” Brodhead said.

Duke has a long association with India, with nearly 300 Indian-born undergraduate and graduate students currently attending the university. The Duke Center for International Development designs and delivers customized educational and training programs for government agencies in India. In May 2008, Duke’s Talent Identification Program (TIP) offered a three-week residential pilot program on the campus of IIMA for academically gifted Indian students; the program will be repeated next year at IIMA and in New Delhi.

Malvinder Singh, CEO and MD, Ranbaxy Laboratories Ltd who is also the Chair for the newly formed Duke India Alumni advisory Board, Duke University, said, “I am delighted to see the vision of a world class University, such as Duke, take shape here in India. Being an alumnus, I can say with confidence that I gained enormously from its open, multidisciplinary, multicultural, education format and the top class intellectual input and rigor that Duke provides.”

Fuqua’s new global initiative begins in August 2009 with students entering The Duke MBA – Cross Continent program, which targets high-potential junior and middle managers. Fuqua launched its Cross Continent program in 2000, building on the strengths of its well-regarded Duke MBA – Global Executive.

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Source: http://www.mbauniverse.com/innerPage.php?id=ne&pageId=1492

Maulik Pathak

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After International B-schools like Harvard, Stanford, and Oxford’s Said, increasing their India presence, Duke University’s Fuqua School of Business has decided to establish a presence in New Delhi as part of the B-school’s global expansion.Further, it named a board to advise the university on strategies for expanding and enhancing Duke’s presence in India. Duke’s Fuqua School of Business is ranked amongst the top 10 business schools in the US by Business Week magazine.

Fuqua’s plans are unique among business schools, extending beyond the limited, casual affiliations that traditionally define international academic programs, Fuqua Dean Blair Sheppard said in New Delhi on October 14. Each of Fuqua’s new regional engagements will feature open enrollment executive education, at least two research centers, Duke faculty or joint faculty appointments, service-based activities focused on local needs, an MBA offering (with the exception of Johannesburg), a Duke Corporate Education presence and involvement of other parts of Duke University.

Beyond New Delhi, Fuqua’s global expansion initiative will include new Fuqua programs in Shanghai, China; London, UK; Dubai, UAE; St. Petersburg, Russia; and Johannesburg, South Africa.

Duke Corporate Education already collaborates with the Indian Institute of Management Ahmedabad to provide custom corporate education programs.

The advisory board, consisting of graduates of Duke University & Fuqua’s MBA programs, will also assist Duke in forging new partnerships in the country.

The board will be chaired by Malvinder Singh, CEO and Managing Director of Ranbaxy Laboratories Limited. Other board members include, Dr. Amit Mitra of FICCI; Suhail Nathani, Partner, Economics Law Practice; Timothy Kasbe, Chief Information Officer, Reliance; Sanjith Shetty, Vice Chairman, Soham Infrastructure Pvt. Ltd.; Devinjit Singh, Managing Director-Asia, Carlyle Group; Shivinder Singh, CEO and Managing Director, Fortis Healthcare Limited; Vikrampati Singhania, Deputy Managing Director, J.K. Organization; and Bharat Tandon, President and CEO, SABIC India Pvt. Ltd.

“Fuqua has made a commitment to becoming the world’s first legitimately global business school,” Dean Sheppard said. “From the very start, our expansion plans have included India, one of the world’s most quickly emerging and rapidly evolving economic and cultural centers. Utilizing our strong alumni network in India is vital to our goal of delivering The Duke MBA experience to tomorrow’s global business leaders.”

Duke President Richard H. Brodhead noted the importance of India in Duke’s future plans. “I don’t think anyone would dispute that with India’s size, economic and political strength, and its vast pool of talented students and academics, it is a place from which we can learn a great deal,” Brodhead said.

Duke has a long association with India, with nearly 300 Indian-born undergraduate and graduate students currently attending the university. The Duke Center for International Development designs and delivers customized educational and training programs for government agencies in India. In May 2008, Duke’s Talent Identification Program (TIP) offered a three-week residential pilot program on the campus of IIMA for academically gifted Indian students; the program will be repeated next year at IIMA and in New Delhi.

Malvinder Singh, CEO and MD, Ranbaxy Laboratories Ltd who is also the Chair for the newly formed Duke India Alumni advisory Board, Duke University, said, “I am delighted to see the vision of a world class University, such as Duke, take shape here in India. Being an alumnus, I can say with confidence that I gained enormously from its open, multidisciplinary, multicultural, education format and the top class intellectual input and rigor that Duke provides.”

Fuqua’s new global initiative begins in August 2009 with students entering The Duke MBA – Cross Continent program, which targets high-potential junior and middle managers. Fuqua launched its Cross Continent program in 2000, building on the strengths of its well-regarded Duke MBA – Global Executive.

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Source:  http://www.mbauniverse.com/innerPage.php?id=ne&pageId=1492

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The Dubai bug has caught up with Bharati Vidyapeeth University (BVU), months after University of Pune (UoP) was laid low. But the BVU has taken remedial measures unlike the UoP and has decided to put an end to Dubai campus dreams and instead concentrate on a campus at Ras Al Khaimah, an emirate at the north end of the UAE, 64 km from Dubai.

A change in policy by the Dubai authorities had put paid to the efforts of BVU to flag off its Dubai campus in September. With this setback, the BVU has also revised its timeline to February 2009 to roll out its BBA and MBA courses from the Ras Al Khaimah campus.

Plans to move to Ras Al Khaimah were confirmed by S F Patil, coordinator of the BVU project. “We had been trying hard to meet the deadline to start our Dubai campus. Owing to some changes in the policy by the Dubai authorities, we were not able to meet it. As we had taken up land in Ras Al Khaimah as well, we shifted our focus there,” he said.

Ras Al Khaimah is reportedly the third preferred destination for educational campuses in the UAE, after Dubai and Abu Dhabi. With the UAE government promoting educational activities in each of the seven emirates and thereby creating free zones for foreign institutes to set up their campuses, Ras Al Khaimah was an easy choice for BVU to make, a source said.

BVU had planned to start the campus at Dubai International Academic City (DIAC) and had been working at it for the past one year. BVU had declared in April that the Dubai campus would start by September 2008.

“The shift in the policy of the Dubai authorities says the present land of one lakh sq ft that we have at DIAC, should be used for a school. This forced us to change our plans,” said Patil.

Patil reiterated that the management courses would definitely be started from February 2009 at Ras Al Khaimah. “The initial intake will be 120 students, 60 each for the BBA and MBA courses,” he said.

The university has initially invested around Rs 5 crore for the Dubai campus. “Many Indians have settled down in Dubai. Normally, their children come to India for degree courses. We will be targeting such students as well as the natives,” said Patil.

There are more than 10 Indian institutes in Dubai including BITS-Pilani, S P Jain Institute and Manipal University. Besides BVU, University of Pune and Symbiosis International University are the premium universities from Pune that have been planning their Dubai campuses.

Too many Indian players?
The authorities in Dubai feel that the Dubai International Academic City (DIAC) should have a global face and it will not be achieved if there are too many institutes from only one country. And that is why the authorities have put a restriction on the number of institutes from India and decided to give preference to European, American and Australian institutes.

Meanwhile, Symbiosis International University has already declared that its Dubai campus would start in September 2009.

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Source: http://www.expressindia.com/latest-news/bharati-vidyapeeth-university-makes-a-campus-shift/373542/

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(Media-Newswire.com) – YPSILANTI —Eastern Michigan University’s College of Business has signed a partnership with Xavier Institute of Management in Bhubaneswar, India, to offer a dual master of business administration ( MBA ) program.

Under the agreement, Xavier students will complete eight courses at Xavier and eight courses at EMU, and receive an MBA degree from both institutions.

“We are extremely pleased to be partnering with a ‘Top 10’ business school in India to offer a dual MBA program,” COB Dean David Mielke said. “Xavier students will have a tremendous competitive advantage in the job market in India because of our program. This agreement further advances our college’s international initiatives.”

Xavier students who transfer four of their courses and take a full academic year of courses at EMU are expected to complete both MBAs in three years or less.

“We are excited to form a partnership with one of America’s premier business colleges to further enhance the education of our business students,” said P. T. Joseph, SJ, director, Xavier Institute of Management. “We feel this new partnership embraces the best ideals of both institutions.”

Founded in 1987, Xavier Institute of Management is ranked No. 3 among private business schools and No. 8 of all business schools in India according to Outlook magazine of India ( Sept. 29 ). Each year, Xavier receives 18,000 applications and interviews 1,000 students for 120 open positions. The first students are expected to take classes at EMU in fall 2010. Visit ximb.ac.in/ximb for more information.

EMU’s College of Business has been ranked among the “Best Business Schools” five straight years, according to The Princeton Review. The college hosts the nation’s only Ethos Week each year in March and is also the first to create an “Ethos Statement” and “Ethos Honor Society.” Visit cob.emich.edu for more information.

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Source: http://media-newswire.com/release_1075999.html

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Mumbai: That the global meltdown triggered by the collapse of top investment banks would have a direct impact on business school placements was predicted by recruitment experts a long time ago. Now, this prediction seems to be coming true.

September-October is the time when the country’s premier management institutes, the Indian Institutes of Management (IIMs), release figures on the pre-placement offers (PPOs) made to their students. The second week of October has ended and yet, the IIMs have maintained silence over their PPO figures.

Pre-placement offers are those that companies make to second-year management students depending on their performance during summer internships. At the IIMs, PPOs are made somewhere around September, six months before the final placements that happen in March. Last year, towards the last week of September, the PPO numbers had peaked at the IIMs, with IIM Ahmedabad (IIM-A) and IIM Bangalore (IIM-B) getting over 70 and 79 such offers, respectively.

At IIM-A, did they know it was coming?

At IIM Lucknow last year, five students received PPOs with an average salary of Rs 1 crore per annum from top investment banks.

After the bloodbath on Wall Street triggered by the US subprime crisis, the scene has changed. We’re well into the middle of October but there has been no official announcement from any of the six IIMs on their pre-placement season. No consolidated figures have been released over the number of PPOs so far. When contacted, the only response that spokespersons of these institutes have to offer is that pre-placements are on and “we will release our official numbers in a few days”.

But recruitment consultants paint a pretty bleak picture for the hiring season at the institutes. Sandeep Chaudhary, business leader (consulting) at human resources firm Hewitt India, said, “There won’t be any crore-plus salaries being offered anymore.”

Rajeev Mehrotra, the country manager of HR solutions company Kelly Services India, added that the offers this time are likely to decline by 8-12 per cent.

The sentiments are not unfounded. Investment banks have been top recruiters at B-schools and now, they themselves are struggling to stay afloat amid the economic crisis that’s unfolding globally. Lehman Brothers became the first casualty and fears of other following are looming large.

IIM-A holds interactive sessions to deal with US crisis

Last year, about 21 per cent of the total offers made during the final placement in March at IIM-B came from investment banks. At IIM-A, the figure was 10.98 per cent of the total offers.

The delay in the PPOs this time reflects the changing metrics due to the global turmoil. However, the mood at the institutes is still optimistic. A placement official at IIM-A said that though there is anxiety lacing the pre-placement season, firms from other sectors such as FMCG and consulting could fill the vacuum created by investment banks that have gone bust.

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Source: http://sify.com/finance/fullstory.php?id=14776397

Priyanka Golikeri

April 2024
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