The Indian Institute of Management, Indore (IIM-I) on Friday has issued final calls to 650 candidates against 180 seats for its two-year postgraduate MBA course, including to the candidates belonging to SC/ST and physically handicapped categories.

Prof Neeraj Dwivedi, Chairman of Admissions at IIM Indore told MBAUniverse.com, We have announced the list of 650 students against 180 seats. Explaining the large number of candidates who have been offered admissions, he explained, We issue list of more students because many of them have option from other IIMs.

Commenting on the fee submission schedule, he said, Students have to submit their fees before May 14.

More : mbauniverse.com

IIM Indore announces 46 MDPs for 2007-08

The Indian Institute of Management-Indore (IIM-I) has announced its Management Development Programs (MDPs) calendar for 2007-2008.

According to the information shared by IIM Indore with MBAUniverse.com, in the financial year 2007-2008, it has planned 46 MDPs on the variety of topics. The MDPs will cover a wide range of areas including General Management, Financial Management, Marketing Management, Supply Chain Management, Production & Inventory Management, Quantitative Techniques, Decision Making, Information Technology, International Business, Business Communication, Human Resource Management and Behavioral Science.

The fees will range between Rs 8,000 and Rs 18,000.

More : mbauniverse.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-Indore, US NGO tie up for new lessons

New York-based non-profit organisation Institute of International Education (IIE), headed by vice chairman and chief legal officer, Lehman Brothers Holdings Inc, Thomas A Russo, will collaborate with IIM-Indore to start a high-level course in international finance and banking.

The ministries of commerce and industry and human resources had consented to IIEs proposal for conducting such a course, sources told FE. The first-of-its-kind in India, the six-month course will have modules in international finance, accounting, valuation, local and cross-border laws, regulations, investment banking and corporate banking, sources said.

Russo, who is also the chairman of IIEs executive committee of the board of trustees, met minister of state for industry Ashwani Kumar last year in this regard. When contacted, Kumar said Russo had informed him about the New York-based NGOs plan to formulate the course.

More : financialexpress.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

IIM Indore to increase tuition fee by Rs. 40,000

The Indian Institute of Management, Indore (IIM-I) has decided to increase its tuition fee by Rs 40,000 for its flagship postgraduate programs in management.

Confirming this with MBAUniverse.com, Dr SP Parashar, director, IIM I, said, Yes, this year we are increasing our tuition fee from Rs 1.5 lakh to Rs 1.9 lakh.

When MBAUniverse.com questioned the rationale for the fee hike, Dr Parashar clarified, We are increasing our fee because providing quality education has become more expensive now…. Also, we havent raised our fee for many years. The last time we increased our fee was in 2004 – when we increased it from Rs 1.25 lakh to Rs. 1.50 lakh

More : mbauniverse.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 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

Salary up by 45 pc at IIM-Is final placements

IIM Indores Batch of 2007 signed off with a total of 329 offers to its 114 students (at 2.89 offers per student) from 67 companies, including an unprecedented 29 new ones. Average salary of accepted offers went up 46.1 pc from 8.5 lakhs to 12.35 lakhs. With this, in the past 3 years, the average salaries have gone up by almost 100 pc. The highest salary on offer was US$ 110,000 offered by a leading Indian IT firm. And with 12 international offers, the students of IIM-I are all set to make a mark on the world.

With a batch hailing from diverse educational backgrounds – doctors, CAs, media, science and commerce graduates, and a few engineers, the recruiters had a vast talent pool to choose from. Daring to go beyond the lure of the lucre, the placements saw some students taking unconventional decisions to leave high-paying offers to take up their dream jobs or even to dive into the unknown by accepting new profiles.

This year, IIM Indore stepped up to the next level in job profiles. Recognizing the talent on offer, a host of new companies swooped down on campus offering a wide range of profiles. Even campus regulars came back with meatier roles, offering greater responsibilities.

More : pagalguy.com