it is exploring tie-ups with institutes in Singapore to offer Executive MBA (EMBA) programmes.

We are not setting up any campus in Singapore. We are in talks with a couple of Singapore-based universities and institutes for offering Executive MBA programmes. The programmes will be delivered partly through the distance learning mode, said Prakash G Apte, Director, IIM-Bangalore.

Though the institutes Memorandum of Association (MoA) does not permit it to start operations abroad, it was said to have started the process of changing the MoA.

More : inhome.rediff.com

The suspense over the admissions to the Indian Institutes of Management ended on Friday after the HRD ministry issued a directive to all Central educational institutions to begin admissions for general and SC/ST categories.

The IIMs wasted no time in releasing their merit lists, on their websites, leading to a collective sigh of relief. Students whose names have been released would have two weeks instead of three weeks to accept or reject the admission. The directive to 64 Central government funded institutions, including IIMs and IITs, came after UPA allies and left parties gave a go ahead to the government to allow admissions to general, SC and ST categories for the coming academic session without the OBC quota for the time being.

Along with IIM-A, IIM-B put up the names of selected students on its website. We expect the process to be over in a couple of hours, an IIM-B spok-esman said. Preparatory course for the post-graduate students would begin from the first week of June and the regular class from the first week of July, he said. Sources at IIM-A said, Offers of admission were given to students including the SC/ST and handicapped quota. IIM-Indore offered admission letters to 180 candidates for its two-year postgraduate MBA course, including candidates belonging to SC/ST and physically handicapped categories.

More : timesofindia.indiatimes.com

Indian Institute of Management (IIM) Bangalore will be releasing its admission list today.

Speaking to MBAUniverse.com Dr Prakash Apte Director IIM Bangalore said, We are still waiting for official communication from government. Hope to release the list in couple of hours.

This years admission will follow the HRD Minister Arjun Singhs formula to allow admissions as per the last years intake for the moment was endorsed.

More : mbauniverse.com

Indian Institute of Management, Bangalores Center for Corporate Governance and Citizenship announced a faculty development program in Corporate Governance. It will be held between 21 and 26 May 2007.

Said Dr N Balasubramanian, Programme Director and Chairman, IIMB-CCGC Faculty Development Programme in Corporate governance to MBAUniverse.com, Our objective is to spread the message of the imperatives of good governance in the corporate sector and to encourage many more educational institutions to offer courses in this area to their students. The purpose of this faculty development programme is to build and strengthen capacity in this field.

According to information provided by IIM-Bs Center for Corporate Governance and Citizenship, the six-day intensive program is designed to provide rigorous training to assist participants enhance and enrich their knowledge and teaching skills in the emerging field of Corporate Governance.

More : mbauniverse.com

Oyoun to organise workshop on project appraisal

Oyoun Education is organising a workshop on project appraisal from April 24 to 26 at Radisson SAS. The workshop will be conducted by Professor V. Ranganathan, the professor on infrastructure at the Indian Institute of Management, Bangalore.

He has a B.Tech from IIT Madras and a doctoral degree from IIM Ahmedabad. His thesis was on Cost benefit analysis, which is the methodology of project appraisal from a countrys point of view.

Currently he teaches at IIM Bangalore managerial economics, contemporary economic policy and infrastructure appraisal, financing, privatisation and regulation.

More : timesofoman.com

B-schools take lessons in candidate diversity

You could be a nuclear scientist and at the same time, be a suitable candidate for a premier B-school seat! Yes, we are talking about diversity here. B-schools across India are now all game for imparting their classrooms a diversified look. And its not just gender arithmetic they used to harp on in the past. They are increasingly looking at an eclectic approach in the form of international representation, rural participation and past work experience in their students profile.

The reality is, Indian management institutes are still competing with their global counterparts for a true representational character. Sample this: On an average, approximately only 1% of the batch strength in Indian B-schools comprises international students. This is minuscule compared to the global benchmark in B-schools like Kellogg, Wharton, Harvard where the percentage range is anywhere between 20-35%.

Although engineers still account for nearly 30-40% of B-school classroom composition in India, there is an emerging trend to admit students with diverse work experience and formal skills in non-technical subjects.

More : economictimes.indiatimes.com

After IIM-A and IIM-I, IIM-Kozhikode too announces fee hike

The Indian Institute of Management-Kozhikode has decided to increase the fee for its post-graduate programme in management (PGP) from the coming academic year by about 25 per cent.

The annual fee for the first year will be Rs 1.90 lakhs, while for the second year of the course it will marginally higher at Rs 1.95 lakhs. IIM-K Director Prof Krishna Kumar made this announcement last weekend. The fee for the first year currently is Rs 1.5 lakhs and for second year Rs 1.65 lakhs.

The increase in the fee was to attend to various needs of the institution.

More : mbauniverse.com

IIM-A hikes fees for two PG courses

The Indian Institute of Management -Ahmedabad (IIM-A) yesterday hiked the fees for its post -graduate management programme from Rs177,000 to Rs200,000.

The fees for the post-graduate programme for executives (PGPX) has also been increased from Rs1 million to Rs1.4 million IIM (A) Chairman Vijaypat Singhania told reporters here yesterday.

The decision to hike the fees was taken at the meeting of Board of Governors of IIM-A here.

Source : khaleejtimes.com

IIM Ahmedabad hikes fees

The Indian Institute of Management, Ahmedabad (IIMA) Saturday announced a nearly 12 percent fee hike for its prestigious two-year post-graduate programme.

The IIMA has decided to hike its fees for PGP (post-graduate programme) by 12 percent, Vijaypat Sighania, chairman of the IIMA board of directors, told reporters.

The IIMA board of directors has decided to increase the fees for the PGP courses from Rs.177,000 per annum to Rs.200,000, he said.

More : indiaedunews.net

IIM-A launches new PG course

The Indian Institute of Management Ahmedabad (IIM-A) has launched a new post-graduate programme in Public Management and Policy (PGP-PMP) for mid-career managers, administrators and professionals. The course fee is about Rs 9 lakh.

Meanwhile, IIM-Kozhikode has hiked the fee for its post-graduate management programme from the coming academic year.

The annual fee for the first year will be Rs 1.90 lakh, while for the second year of the course it will be Rs 1.95 lakh, IIM-K director Prof Krishna Kumar said. The fee for the first year currently is Rs 1.5 lakh and second year Rs 1.65 lakh.

More : economictimes.indiatimes.com

Join hands with poor for inclusive growth, PC tells IIM-A grads

Union Finance Minister P Chidambaram on Saturday urged the graduating students of the Indian Institute of Management Ahmedabad (IIM-A) to join hands with the deprived part of the country for achieving an inclusive growth of the country.

Chidambaram was speaking at the institutes 42nd Annual Convocation in which 317 students received their diplomas.

The students included those from Fellow Programme in Management, Post Graduate Programme in Management, Post Graduate Programme in Agri-Business Management, and Post Graduate Programme for Executives.

More : cities.expressindia.com

IIM-A hikes fee, says no OBC quota in admissions this year

Following on the lines of the IIMs in Bangalore, Indore and Kohzikode, the Indian Institute of Management Ahmedabad (IIM-A) also announced its decision to hike the fee for its Post-Graduate Diploma in Management (PGDM) programme from the current year. The decision to increase the fee from the current Rs 1.77 lakh per annum to Rs 2 lakh was unanimously taken at the institutes Board meet held here on Saturday.

The new chairman of the institute Vijaypath Singhania, who chaired the meeting said, Although cost of everything has increased at a much faster rate over the course of the year, the Board decided to increase the annual fee for PGDM course marginally from Rs 1.77 lakh per annum to Rs 2 lakh. Singhania has recently taken over as the institutes chairman from the Infosys founder N R Narayana Murthy.

IIM-A director Bakul Dholakia said the Board decided to recover at least 50 per cent of the graduation cost for the PGDM students that stand at Rs 4 lakh per annum, by current calculation.

More : cities.expressindia.com

Quota puts IIM, medical aspirants in fix

The anti-quota camp across the country have welcomed the stay as a vindication of their stand but students seeking admissions to medical colleges and IIMs are now a worried lot. Supreme Courts stay is likely to affect admissions for the current academic year beginning June 2007.

Several thousands students are waiting for a better line than that from HRD Minister Arjun Singh.

Their academic and professional future hangs in the balance after the Supreme Courts order staying 27 per cent OBC quota.

More : ibnlive.com

Stay on OBC quota puts IIMs in fix

The Supreme Courts stay on 27 per cent reservation for Other Backward Classes (OBCs) in elite educational institutions on Thursday could impact admissions in IIMs this year.

The IIMs had already finalised the list of candidates for admission in May 2007. At IIM-Bangalore, interviews for the 270 seats are over.

There were 1,065 candidates who were called for interviews based on the seven per cent OBC reservation at IIM-B for this year.

More : ibnlive.com

Rahul Bajaj, Baba Kalyani preside over IIM Indore’s 8th convocation

The Indian Institute of Management, Indore (IIM-I) celebrated its 8th convocation on its campus on 24th March.

Mr. Rahul Bajaj, CEO, Bajaj Auto, and Mr. Baba Kalyani, chairman and managing director, Bharat Forge, and member of the Board of Governors of IIM Indore, presided over the function.

According to information shared with MBAUniverse.com by IIM-I, postgraduate diplomas of management and degrees for the executive postgraduate program of management were given out by Mr Kalyani, while Mr Rahul Bajaj awarded Scholistic Medals (IIM-Is gold medals for scholastic achievement) to three students — Anku Bhajankara, Ritesh Bansal and Rohit Arjunwadkar.

More : mbauniverse.com

IIM admission process for 2007 goes haywire

The Supreme Courts stay on implementation of the 27% reservation for OBCs has thrown the admission process for the academic year 2007-08 out of gear. The apex court has put the brakes on the Central Educational Institutions (Reservation in Admission) Act, 2006, by which the Indian Institutes of Management, Indian Institutes of Technology, National Institutes of Technology and Central Universities would be required to increase intake by 54% in order to provide for a 27% increase in reservation for Other Backward Classes.

The most affected by the stay would be the Indian Institutes of Management. The IIMs were to have completed their admission process by April 12. As a matter of fact, IIM-Ahmedabad was in the last stage of finalising the list of successful candidates. IIM-Bangalore and IIM-Lucknow are in the process of conducting the group discussions.

Sources in the IIM management said that they were awaiting the government order before working out the next step. Once we receive the governments order, we will convene a meeting of the IIM admission committee to decide the next course of action, said a senior IIM official.

More : economictimes.indiatimes.com

379 students awarded degrees at IIM-Bangalore convocation

IIM Bangalore held its Convocation 2007 on March 26, and 379 students received their degrees. Mr Nandan Nilekani, MD & CEO, Infosys Technologies, was the chief guest at the ceremony.

The title of Fellow of IIM-B was conferred on 8 students, the Postgraduate Diploma in Management were handed out to 234 students, the Postgraduate Diploma in Software Enterprise Management to 104 students and the Postgraduate Diploma in Public Policy and Management to 33 students.

Speaking on the occasion, IIM-B director Dr PG Apte said, On behalf of the entire IIM-B community, I congratulate each one of you on your achievements. He made a special mention of meritorious students who have emerged on top on basis of their outstanding performance: Anushree Kiran Laturkar, Kirankumar AS and Amit Gupta from PGP, Srikant Belwadi and Shailendra Narhar Marathe from PGSEM and Ravindran DS from PGPPM were among those named by the director.

More : mbauniverse.com

IIM-Bangalore poised for a new growth phase: PG Apte, director, IIM-B

On the back of a good performance in the current academic year and many future initiatives aimed at expanding offerings for India and overseas, IIM-Bangalore (IIM-B) director Dr PG Apte is confident that IIM-B is all set to enter a new growth phase.

Delivering his address at the convocation on March 26, Dr Apte said, We are poised to enter a new phase of growth. The institute has initiated steps to make necessary amendments in the Memorandum of Association with a view to expanding and diversifying its portfolio of academic, research, training, consulting and other activities both within and outside India. This is expected to open up new and exciting opportunities in the global arena… Two sub-committees constituted by the board are giving shape to the short-term and long-term vision that will guide the institute to the next level of growth.

Dr Apte said the institute is responding to the growing demand for quality management education number and implementation of the new reservation policy by adding more seats. IIMB has planned to increase the PGP intake in a phased manner over the next three years. This has been done in view of the limitations that exist in infrastructure and faculty, he said, adding that the institute was hopeful of substantial support from the government.

More : mbauniverse.com

Now, shell out Rs 75,000 more to study at IIM-B

Its official now. Students who have enrolled for the post-graduate diploma in management (PGDM) programme at the Indian Institute of Management, Bangalore, will have to pay Rs 2.5 lakh per annum. At present, the fee is Rs 1.75 lakh.

Announcing the fee hike after a board meeting on Monday, IIM-B director Prakash G Apte said: At an earlier board meeting, we were deliberating over the Rs 2-lakh figure, but at the IIM, we spend Rs 4 lakh per student. Since most of our students come from a fairly comfortable background, we fixed this amount.

Apte said the increasing salaries of students is also a reason. Average starting salaries today are in the range of Rs 10-12 lakh. Im sure students can afford Rs 2.5 lakh.

More : timesofindia.indiatimes.com

Vijaypat Singhania nominated to IIM-A board

Speculation over who the new chairman of the Indian Institute of Management, Ahmedabad (IIMA), will be, was laid to rest on Friday evening. The ministry of human resources development, headed by Arjun Singh, has nominated Vijaypat Singhania as the successor to Infosys chief mentor NR Narayana Murthy, who retired recently.

Singhania, chairman emeritus of Raymond Ltd, was the dark horse in the race for the IIMA chairmanship. Aditya Birla group chairman Kumar Mangalam Birla and Sunil Bharti Mittal were also said to be strong contenders at one stage. Singhania now takes over as chairman of the society and the IIM board of governors for a period of five years. His nomination comes just a week before the annual IIMA convocation scheduled for March 31.

At one stage in the race, Anil Ambani was also said to be a contender. His brother Mukesh Ambani is already chairman of the IIM, Bangalore, board. The HRD ministry plays a major role in the appointment of all IIM chairmen. Since Anil Ambani is already a member of IIMAs governing council, he should have had a good chance. But his strong political association with the Samajwadi Party obviously worked against him, a source said on condition of anonymity.

More : dnaindia.com

IIM tagged defence guys bag plum jobs

The respect and protocol accorded to officers on the basis of their ranks appears to have found favour at the boardroom levels too.

Armed with the IIM brand name – or that of top institutes like MDI Gurgaon and XLRI – retired defence officers are managing to rake in packages that are more than comparable to packages offered to the institutes flagship post-graduate programme (PGP) course students.

The officers are pass outs of the six-month Certificate Course in Business Administration which has been initiated by the Directorate-General of Resettlement, Ministry of Defence (DGR-MoD) in association with the IIMs at Ahmedabad, Indore, Kolkata, Bangalore, formerly Lucknow, XLRI, MDI and Narsee Monjee Institute of Mgt Studies.

More : business-standard.com

IIM grads to regulate market

M Damodaran should be pleased. Indias brightest are giving up lucrative job-offers at blue chip companies to join the Securities and Exchange Board of India (Sebi). The capital markets regulator is recruting from IIM campuses for the first time in its 15-year history. Though the offers were modest, a handful of IIM students at Ahmedabad, Bangalore, Kolkata and Lucknow have signed up to join the market regulator.

The Sebi chairman recently said the organisation is looking for bright students from law and management schools. This was aimed at bringing new and fresh ideas to an organisation, that has been singled out for being dependant on old hands. Sebi was offering two profiles - one to monitor legal compliance especially the IPO channel and the second was to work on the restructuring and reform of Indian bourses.

At both IIM Ahmedabad and IIM Kolkota, two students each have opted for Sebi out of the handful offers made. Elsewhere, one student each from IIM Lucknow and IIM Bangalore were selected to join Sebi. While the student from IIM Lucknow is still considering the offer, the student from IIM Bangalore is taking it up, it is learnt.

More : economictimes.indiatimes.com

Foreign placements losing their sheen for IIM-A students

An increasing number of the Indian Institute of Management, Ahmedabad, students are preferring to work in India overcoming the fascination to go abroad or are opting out of the placement rituals to start their own ventures.

The final placements of the current batch of the IIM-A two-year post graduate programme, which completed on Monday evening, saw 124 national and international companies, 14 more than last years 110 companies, recruiting all the 224 students in the first two days after 11 opted out of the placements or rejected offers to start their own ventures.

As high as 72 per cent of the students have accepted offers to work in India, while only 63 students of the total of 235 have accepted international placements 13 per cent would be in the United Kingdom and 8 per cent in the United States. In the placements last year, six students had opted out to start their own ventures. There were 11 students who rejected international offers in preference to working in India.

More : hindu.com

Leo Burnett leads the ad agency comeback

It has to be a case of the six-year-itch. Leo Burnett, one of Indias leading advertising agencies, has returned to the IIM campuses after it was last there in 2001. Last week, the agency picked up six management graduates from IIM Bangalore for management trainee positions in its Mumbai and New Delhi offices. This is in stark contrast to the last couple of years, when advertising agencies did not get invited to IIM campuses for placements. Leo Burnett has made offers of Rs 8.5 lakh to six candidates from IIM-B. While this figure isnt in the league of what consultancies or investment banks are offering, it is well within the ballpark of what most marketing companies would offer management trainees from IIM campuses.

According to Arvind Sharma, chairman and CEO, Leo Burnett, and an IIM-A alumnus, For an industry that is now growing at 20% and more, we require highly talented individuals to sustain and manage that growth. With this high growth rate and limited high-calibre talent, we need to look at these options both at entry level and more senior levels.

According to Mr Sharma, Leo Burnett had received a total of 79 applications for the six positions that were on offer. The agency has carved up its client servicing function into four different verticals — brand strategy, consumer insight, brand services and project managers. The IIM graduates will occupy a very specific role in brand strategy. To attract these management graduates, the agency will let them work on a variety of brands rather than a single brand that a strict marketing job would have. This year, sources say that HLL and Pepsi made offers in the Rs 9.2 to Rs 9.4 lakh range at the Indian School of Business.

More : economictimes.indiatimes.com

IIM-B grads refuse jobs abroad

Kunal Mahipal was the only student in IIM Bangalore last year to opt out of the placement process and go the entrepreneurial way.

Mahipal took the road less travelled but now that is not the case anymore as many are following in his footsteps like this year Mahadeo Chitale, who decided to ignore the corporate ladder and join an NGO that deals with microfinance.

If someone comes to me I would tell him to go through the recruitment process especially if he is a fresher. He should build his contacts before deciding to start independently, says Chairman, Placement Commission, IIM-B, Sourav Mukherjee.

More : ibnlive.com