Archive for November 28th, 2008

Consolidated CNBC TV 18 A of B Rankings released; IIM A, IIM B, IIM C are top 3 B-schools – www.tenaday.in

November 28, 2008

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India’s leading business news channel CNBC TV18, along with India’s leading management portal MBAUniverse.com and global research agency TNS, have announced the final consolidated CNBC TV18 ‘A of B Ranking’.The consolidated rankings presents a holistic, multi-stakeholder picture on India’s Top B-schools by combining inputs from quantitative data submitted by top 70 B-schools, and perception poll amongst MBA aspirants, students, alumni and employers. On these consolidated tables, IIM A, IIM B and IIM C have captured the top three positions.

In a first of its kind research and analysis, the ‘A of B Ranking’ survey looks at three different viewpoints to present the complete 360 degree picture on which are India’s leading B-schools. While rigorous data-driven analysis uses information and data provided directly by IIMs and other 70+ B-schools, perception poll on MBAUniverse.com brings perspectives from the MBA students, aspirants and alumni; and, recruiter’s poll on Jobstreet.com bares the mind of HR community.

While Indian Institute of Management, Ahmedabad (IIM A) is the # 1 B-school, Indian Institute of Management, Bangalore (IIM B) and Indian Institute of Management, Calcutta (IIM C) has been ranked as the # 2 & # 3 B-schools in India. Indian Institute of Management, Lucknow (IIM L) is ranked at #4. Jamshedpur based Xavier’s Labour Relations Institute (XLRI) is pegged at #5 position.

Mumbai based S. P. Jain Institute of Management & Research, Faculty Of Management Studies, University Of Delhi, Delhi, Management Development Institute, Gurgaon, Indian Institute Of Foreign Trade, New Delhi and Jamnalal Bajaj Institute Of Management Studies, University Of Mumbai, Mumbai complete the prestigious Top 10 B-school rankings table. (See consolidated Ranking Table below)

Which are some other non-IIM B-schools that have managed to show their strengths on this league table. Narsee Monjee Institute Of Management Studies University, Mumbai, Symbiosis Institute Of Business Management, Pune, Department Of Management Studies – Indian Institute Of Technology, New Delhi and Xavier Institute Of Management, Bhubaneswar are four B-schools that are part of Top 10 Non-IIMs B-schools league table.

CNBC TV 18 Consolidated B-school Rankings from Data Survey, Student Perception and Employer Perception

India’s Top B-schools

1 Indian Institute Of Management, Ahmedabad

2 Indian Institute Of Management, Bangalore

3 Indian Institute Of Management, Kolkata

4 Indian Institute Of Management, Lucknow

5 Xavier Labour Relation Institute School Of Management, (XLRI), Jamshedpur

6 Bhavan’s S. P. Jain Institute Of Management & Research, Mumbai

7 Faculty Of Management Studies, University Of Delhi, Delhi

8 Management Development Institute, Gurgaon

9 Indian Institute Of Foreign Trade, New Delhi

10 Jamnalal Bajaj Institute Of Management Studies, University Of Mumbai, Mumbai

India’s Top B-schools – Excluding IIMs

1 Xavier Labour Relation Institute School Of Management, (XLRI), Jamshedpur

2 Bhavan’s S. P. Jain Institute Of Management & Research, Mumbai

3 Faculty Of Management Studies, University Of Delhi, Delhi

4 Management Development Institute, Gurgaon

5 Indian Institute Of Foreign Trade, New Delhi

6 Jamnalal Bajaj Institute Of Management Studies, University Of Mumbai, Mumbai

7 SVKM’S Narsee Monjee Institute Of Management Studies University, Mumbai

8 Symbiosis Institute Of Business Management, Pune

9 Department Of Management Studies – Indian Institute Of Technology, New Delhi

10 Xavier Institute Of Management, Bhubaneswar

Note: For Quantitative Survey, more than 70 leading B-schools including IIM A, IIM B, IIM C, IIM L, IIM I, FMS Delhi, XLRI, MDI, JBIMS, IIT B SJMSOM participated in the survey. Key B-schools that did not participate in the Quantitative Survey are: Department of Management Studies, Pune; Fore School of Management, Delhi; ICFAI Business School, Hyderabad; IIM Kozhikode; Indian School of Business, Hyderabad; Mudra Institute of Communication, Ahmedabad; SCMHRD, Pune and Tata Institute of Social Sciences, Mumbai.

In the run up these consolidated rankings, which were released on November 15 on CNBC TV 18′s special television show, rankings by individual stakeholder were released. These consolidated rankings combine the three viewpoints into final rankings.

CNBC TV18 is India’s No.1 business medium and the undisputed leader in business news. It delivers quality and involved audiences that comprise a comprehensive viewership base greater than similar offerings in the business space across all media. The channel’s benchmark coverage extends from corporate news, financial markets coverage, expert perspective on investing and management to industry verticals and beyond.

MBAUniverse.com is India’s leading management portal, reaching out to over 300,000 management students, young executives, HR managers and academicians. In a short span of 18 months, it has gained thought-leadership by partnering with knowledge organizations like CII, FICCI, IIMs, IITs and others.

TNS is the world’s largest Custom Market Research Company. It provides marketing information delivered by Global Industry Sector expert consultants, innovative research expertise, in 80 countries worldwide.

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Source: http://www.mbauniverse.com/CNBC_ranking_stories.php?id=1581

Record number of cos at IIM-L for placements – www.tenaday.in

November 28, 2008

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Lucknow Despite global economic crisis, a record 110 companies, as compared to 94 companies last year, participated in summer placements of IIM-Lucknow 2010 batch in which students exhibited great enthusiasm for working with start-up firms.

The 2010 batch of IIML has the “unique” feature of having 92 per cent students with work experience and a number of them exhibited great enthusiasm for working with start-ups and utilising their experience to help guide these budding organisations to success, IIM sources said.

Student placement coordinator Shashank Mehta said the students here had experience which start-ups value and all the projects there would be live projects, which would decide future course and orientation of these organisations.

More than 20 start-ups, including Inkfruit, Rupeetalk, Redbus, Lifeblob and Netprice from the IT sector, Printo from the printing sector, Merit Trac from the personal training and evaluation business, Great Place to Work Institute from the management consulting vertical and Elements Akademia from the profession training sphere also participated in the summer placements, IIM sources said.

Entrepreneurship Day was another highlight of the summer placements concluded recently to nurture entrepreneurial talent of students, Chairman IIML Placements, Prof Sushil Kumar said.

He said that IIML had been a breeding ground for many a great entrepreneur in the past and this year’s batch had several entrepreneurs as students.

“The confluence of alumni and current students gave us the confidence of starting this great initiative,” Prof Kumar said adding that this is probably for the first time that such an initiative has been hosted in a separate slot by a B-school campus in India.

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Source: http://www.expressindia.com/latest-news/Record-number-of-companies-at-IIM-L-for-placements/391345/

Kalam,IIM-A study terrorish psyche – www.tenaday.in

November 28, 2008

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Even as the country is scurrying to find ways to tackle terrorism, a group of four students from Indian Institute of Management, Ahmedabad, (IIM-A) have conducted a study on the biggest threat that is plaguing the country, under the guidance of former president APJ Abdul Kalam. The study aims at understanding the psyche of terrorists by analysing factors that lead to the formation of a terrorist.

The three-month study, conducted by Srijan Pal Singh, Nishtha Aggarwal, Ritesh Pase and Pinaki Ranjan under the Grass Root Innovations Technology (GRIT) course conducted by APJ Abdul Kalam, focuses on how to build a terror-free and safe society. Studying empirical data from existing literature, speaking to the young individually and collectively the students have suggested various ways to tackle terrorism effectively. The causes and the types of terrorism were use used as a reference point.

“Nobody is a born terrorist. With the study, we have tried to understand, for instance, why an Indian becomes an anti-Indian. While speaking to the youth across various communities, we realised that alienation from the society is the biggest factor that contributes to terrorism. Oppression and injustice also act as triggers for terrorism,” says Srijan Pal Singh, one of the students who conducted the study.

The students have suggested two levels at which terrorism can be tackled. The first, which looks at existing terrorism, suggests stricter laws. “There are completely brainwashed terrorists who need to be tackled with stricter laws through a responsible and dedicated system. Better intelligence sharing across states besides a thorough investigative agency combined with international collaboration will ensure that terrorism is handled well. The second and more important level focuses on nipping terrorism in the bud by providing better value system through education. Our education system is devoid of a good value system and needs to make subjects such as moral sciences compulsory, besides involving the students in social and community service. There are huge barriers between communities and the community service will enhance the aspect of learning and respecting each other better,” says Singh

The study suggests various other ways to stem terrorism before it develops in other ways. Apolitical institutes like the IIMs can be used to act as an interface between the police and society to create better faith within the system. The study also suggests inviting guest speakers to schools and colleges to talk about diverse religions and involve media to spread the message that terrorism should not be associated with religion as it is a separate condemnable religion in itself.

“The most effective way to ensure that terrorism is eradicated is to use biometric technology to create a universal citizen identification system, about which Kalam has been talking about since a long time. The system, which works by issuing cards on the basis of fingerprints of people is the need of the hour. The card, which can be shared across applications like driving license, voter ID, public distribution or even rural banking, cannot be faked as the fingerprints are unique. Besides terrorism, the government can also tackle other major problems like illegal immigration with this system,” adds Singh.

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Source: http://www.business-standard.com/india/news/kalam-iim-a-study-terrorist-psyche/00/09/341553/

Chitra Unnithan & Vinay Umarji

Meet your Ivey MBA Bloggers… – www.tenaday.in

November 28, 2008

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News Flash!

-Over the coming months, we’ll be profiling guest blog entries from other Ivey MBA students and even their significant others! Stay tuned…

-Ivey students are blogging for the Financial Post! Follow blog posting from our very own Adwoa Mould-Mograbi, Dany Horovitz, and Sacha Gera.

Thursday, November 27, 2008

Neil Bhapkar: Living and Learning in London

Having also done my undergrad studies here at the University Western Ontario (UWO), I came to Ivey knowing full well what to expect out of London, Ontario – my new hometown for a year.
For those unfamiliar with the local geography, London is a mid-size Canadian city that is located roughly 200 km west of Toronto. It’s dubbed “the forest city”. It has grown quite rapidly recently. I have noticed quite a change in the city since my undergrad days with respect to both its demographics and urban development. Specifically, London has become much more diverse, with ever-expanding suburbs pushing out surrounding farmlands.

My favourite aspect of going to school in a town like London is that it offers a relatively lively downtown scene for a city of this size. I’ve seen bars come and go throughout the years, but there are always a plethora of restaurants, pubs, and nightclubs to appease even the Torontonians (myself included!).

The student bars in London have changed dramatically since my undergrad days. Gone are the Roadhouse-like bars where debauchery reigned supreme (anyone who has been to the Ridout knows what I mean). Instead, bottle service and trendier decor are becoming the norms. I even saw an oxygen bar at one of the local hotspots. Cheap drinks are still around – you just have to look harder to find the bars and/or nights that cater to a student budget.

One downside to the London nightlife is definitely the music! It seems like London DJ’s are perpetually six months behind major cities with respect to hit songs; don’t even get me started on London radio (cough)!

With respect to the Western campus, it is definitely one of the most beautiful campuses in Canada. In the Fall you can cruise by Middlesex College and see the colourful leaves, and in Spring you can chill out on concrete beach or UC hill and just people-watch in the sun. Western is, however, also one of the biggest campuses in Canada, which means that one can often get lost and overwhelmed amongst so many people in such a large space.

Our MBA home at Spencer is much more calm and tranquil. It is very much a dedicated space to us MBA students, and as such, you pretty much know everyone there. Having the “electives” component of our MBA program on main campus means that we get to enjoy the best of both worlds throughout our 12 months here.

Choosing to live in London for a year was an easy decision for me. I get to live downtown and not deal with a burdensome commute (talk to Rotman or Schulick students about that one!). I also get to enjoy a nightlife that is very much centralized and tailored to a university population.

Thus, London truly is a pleasant place to live for a year while focusing on a demanding MBA curriculum.

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Source: http://iveymbastudents.blogspot.com/2008/11/neil-bhapkar-living-and-learning-in.html

MBA market index – www.tenaday.in

November 28, 2008

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John Gapper’s blog: One group of people does not yet seem to have caught up with the crisis in financial services – Harvard MBA graduates.

Ray Soifer, the financial analyst, has just released his annual analysis of the career paths of Harvard MBAs, which shows that a record proportion became bankers or financiers when they graduated this summer.

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Source: http://www.ft.com/cms/s/c00fef14-bb5a-11dd-bc6c-0000779fd18c,Authorised=false.html?_i_location=http%3A%2F%2Fwww.ft.com%2Fcms%2Fs%2F0%2Fc00fef14-bb5a-11dd-bc6c-0000779fd18c.html%3Fnclick_check%3D1&_i_referer=&nclick_check=1

By John Gapper

Average GMAT Scores of Top Universities (2008) – www.tenaday.in

November 28, 2008

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Rank University Program Avg GMAT
1 Stanford University – United States Full Time (2 years, Full-time students, Daytime classes) 725
2 Indian School of Business – India Post Graduate Programme in Management (1 year, Full-time students, Daytime classes) 714
3 Dartmouth College – United States Full-time MBA (2 years, Full-time students, Daytime classes) 713
4 California – Berkeley (University of) – United States Full-Time (2 years, Full-time students, Daytime classes) 710
4 Chicago (University of) – United States Full-Time MBA Program (-21 months, Full-time students, Daytime classes) 710
4 Pennsylvania (University of) – United States Wharton MBA Program, full-time (2 years, Full-time students, Daytime classes) 710
7 Chicago (University of) – United States International MBA Program (2 years, Full-time students, Daytime classes) 709
7 Columbia University – United States Full-Time MBA Program (2 years, Full-time students, Daytime classes) 709
9 Cornell University – United States Accelerated MBA (1 year, Full-time students, Daytime classes) 708
10 INSEAD – France MBA Programme (1 year, Full-time students, Daytime classes) 703
10 Pennsylvania (University of) – United States Wharton MBA Program for Executives-West (2 years, Full-time students, Weekend classes) 703
12 Duke University – United States Full-Time (2 years, Full-time students, Daytime classes) 701
13 California – Berkeley (University of) – United States Evening and Weekend MBA (3 years, Part-time students, Evening classes) 700
13 Michigan (University of) – United States Full-Time (20 months, Full-time students, Daytime classes) 700
13 Northwestern University – United States Full-Time MBA Program (2 years, Full-time students, Daytime classes) 700
13 Northwestern University – United States One-Year MBA Program (1 year, Full-time students, Daytime classes) 700
17 Pennsylvania (University of) – United States Wharton MBA Program for Executives-East (2 years, Part-time students, Weekend classes) 696
18 California – Los Angeles – UCLA (University of) – United States Full-Time (2 years, Full-time students, Daytime classes) 690
18 Cambridge (University of) – United Kingdom Intensive (1 year, Full-time students, Daytime classes) 690
18 London Business School – United Kingdom Masters in Finance – Full time (1 year, Full-time students, Daytime classes) 690
18 London Business School – United Kingdom Full-time (2 years, Full-time students, Daytime classes) 690
18 MIT – Massachusetts Institute of Technology – United States Full-Time (2 years, Full-time students, Daytime classes) 690
18 Northwestern University – United States Part-time MBA, The Managers’ Program (3+ years, Part-time students, Evening classes) 690
24 Harvard University – United States Full-Time (2 years, Full-time students, Daytime classes) 689
24 North Carolina – Chapel Hill (University of) – United States Full-Time (2 years, Full-time students, Daytime classes) 689
26 Pittsburgh (University of) – United States PhD (3+ years, Full-time students, Daytime classes) 688
27 New York University – United States Part-Time (3 years, Part-time students, Evening classes) 686
27 New York University – United States Full-Time (2 years, Full-time students, Daytime classes) 686
29 Cheung Kong Graduate School of Business – China Full-time MBA (1 year, Full-time students, Daytime classes) 685
29 IE Business School – Spain International MBA (1 year, Full-time students, Daytime classes) 685
29 IE Business School – Spain Distance Learning (18 months, Part-time students, Weekend classes) 685
32 TiasNimbas Business School – Netherlands 1-year Full-Time MBA (1 year, Full-time students, Daytime classes) 684
33 Oxford (University of) – United Kingdom Full-Time (1 year, Full-time students, Daytime classes) 680
34 Washington (University of) – United States UW MBA Program (2 years, Full-time students, Daytime classes) 679
35 Southern California (University of) – United States Full-Time (2 years, Full-time students, Daytime classes) 676
36 San Diego (University of) – United States Full-Time (16 months, Full-time students, Daytime classes) 675
37 California – Davis (University of) – United States Daytime MBA (21 months, Full-time students, Daytime classes) 674
37 National University of Singapore – Singapore The NUS MBA (12 months, Full-time students, Daytime classes) 674
37 Washington University – St. Louis – United States Full-Time (2 years, Full-time students, Daytime classes) 674
40 IESE Business School – Barcelona – Spain Full-Time Bilingual International MBA (2 years, Full-time students, Daytime classes) 673
40 Texas – Austin (University of) – United States Texas MBA – full-time (2 years, Full-time students, Daytime classes) 673

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Source: http://www.mbapursuit.com/average-gmat-scores-of-top-universities-2008