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Ahmedabad: The impact of the downslide in the global economic scenario is sure to be felt in the recruitment process at the Indian Institute of Management, Ahmedabad as summer internships start at its campus this week.

Conspicuous by their absence would be former star recruiters who are no more, Lehman Brothers and Merrill Lynch. Summer internship recruitment at the campus is said to be an indicator for the final placement session, and has become a source of stress for final-year students, who atre on tenterhooks, reports suggest.

IIM-Kozhikode and IIM-Calcutta, on the other hand, are showing an encouraging trend at the internship placements. However, reports quoted unnamed students of IIM-A as being optimistic about there always being jobs for IIM-A graduates, irrespective of the state of the economy, even though the premium that has come to be expected as a ”standard” part of their compensation packages might be somewhat downsized.

Investment banks, preferred employers for IIM graduates, would mostly give the recruitment process a go-by this year. Just a year ago, the story was quite different, with the like of Lehman Brothers, Merrill Lynch, Goldman Sachs and consulting firms like BCG and Bain Consulting being seen on campus for the zero slot of summer internships. Lehman Brothers, which has since filed for bankruptcy, was the second-highest recruiter, second only to Goldman Sachs, having made 17 offers.

Day Zero of summer placement at IIM-A saw an almost 50 per cent drop in the number of recruiters and offers made to students of 2008-2010 batch, according to reports. Against three dozen companies that came to the campus last year on Day Zero, this year saw lesser than 20 in attendance, making only 50 odd offers against the 120 of last year.

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Source: http://www.domain-b.com/management/hrd/20081114_iima.html

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Source: http://www.mbaclubindia.com/forum/message_display.asp?group_id=453

Zeus

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Indian Institute of Information Technology Allahabad
(A University Established under Sec. 3 of UGC Act, 1956 vide Notification No. F.9-4/99-U.3 Dated 4/8/2000 of the Govt. of India)
Devghat Jhalwa, Allahabad – 211012 (U.P.) India
Ph: 91-0532-2922025, Fax: 91-0532-2430006, 2431689

Admission Notice for MBA (IT) & MS (CLIS) Programs: 2009 – 2010

A Centre of Excellence in Information Technology established by Ministry of HRD, Govt. of India, New Delhi with all the complex and State-of-the-art infrastructure in place, IIIT-Allahabad announces admissions for its following 2 years MBA (IT) & MS (CLIS) Programs.

Admission Notification for MBA (IT) & MS (CLIS) Session 2009-2010
[Broucher and Application Form]

COURSES OFFERED:

01. M.B.A. in Information Technology
No. of Seats available:
SC-ST-OBC-Gen-PH-Total
11- 06 – 13 – 44 – 2 – 76
Qualifying Degrees/Examination: Graduates from any discipline with valid CAT score (GMAT score for FN/NRI’s)

02. MS (Cyber Law & Information Security)
No. of Seats available:
SC-ST-OBC-Gen-PH-Total
11 -06 – 13 – 44 – 2 – 76
Qualifying Degrees/Examination: BE/B.Tech./Post Graduates/LL.B. or equivalent

• All Reservations for various categories as per GoI guidelines apply. In case application of some other reservation has to be brought in force and likewise seats have to be adjusted, it may then be incorporated.
• Candidates appearing in Qualifying Degree Examinations may also apply. [If final result is likely to be declared by 14th July 2009]
• Separate Form has to be filled for each program in case candidate is interested to apply for more than one program.

HOW TO APPLY:
Application Form-cum-Information Brochure can be obtained from the Institute in person or on request. The request letter must be superscribed “Request for MBA (IT) / MS (CLIS) Program Application form”. Application form with details is also available in the website www.iiita.ac.in. Cost of application form is Rs. 600/- (Rs.300/- for SC/ST/OBC candidates) to be paid in cash or through DD of any nationalized bank drawn in favour of ‘IIITAllahabad’ payable at Allahabad.

In case of downloaded forms from website, DD may accompany the completed application form, without which it shall be summarily rejected.

Their Institute uses CAT score for short-listing the candidate for their two-year full time Post Graduate Programme in Management. IIMs have no role either in the selection process or in conduct of the programme.

IMPORTANT DATES
• Sale of Application Form-cum Information Brochure begins - 9th November, 2008
• Last date of issuing (in person) & receiving completed application forms at IIIT-A counter – 21st January 2009
• Date of Entrance Test & Interview (at IIIT-Allahabad only) for screened in applicants in
MBA (IT) : 21st February – 22nd February 2009
MS (CLIS): 28thFebruary – 1stMarch 2009

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Source:http://www.lovechandigarh.com/forum/lc-admission-alerts/29838-iiit-allahabad-admission-notice-mba-ms-clis-programs-2009-2010-a.html

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DURHAM, N.C. – Duke University’s Fuqua School of Business – which consistently ranks among the top-10 business schools in the nation – has launched an ambitious overseas expansion plan that calls for the establishment of five campuses in strategic cities across Asia and Europe, including New Delhi.

Fuqua Dean Blair Sheppard announced Oct. 13 that the school is in the process of establishing outposts in St. Petersburg, London, Shanghai, Dubai and New Delhi. The school also created a board of directors, consisting of graduates of Fuqua’s MBA programs, to advise the university on strategies for expanding and enhancing Duke’s presence in India. The advisory board, which will also assist Duke in forging new partnerships in the country, is headed by Malvinder Singh, the chairman, chief executive officer and managing director of Ranbaxy Laboratories Ltd.

Other board members include Amit Mitra, secretary general of the Federation of Indian Chambers of Commerce & Industry; Suhail Nathani, a partner at the Mumbai-based law firm Economics Law Practice; Timothy Kasbe, chief information officer at Reliance Retail Ltd.; Sanjith Shetty, vice chairman, Soham Infrastructure Pvt. Ltd., a subsidiary of Ahmedabad-based commercial-real-estate developer Sohan Group Ltd.; Devinjit Singh, managing director of Asia for the Carlyle Group, a Washington, D.C.-based private-equity firm; Shivinder Singh, CEO and managing director of New Delhi-based Fortis Healthcare Ltd.; Vikrampati Singhania, deputy managing director of the J.K. Organization, a New Delhi-based industrial conglomerate; and Bharat Tandon, president and CEO of SABIC India Pvt. Ltd., a New Delhi-based subsidiary of Saudi Basic Industries Corp., a Riyadh-headquartered industrial conglomerate.

Sheppard characterized Fuqua’s aggressive overseas expansion as a major step that will elevate the business school and Duke University above peer institutions of higher learning and make it the world’s first legitimate, international university.

“With the simultaneous launch of our new international locations, Fuqua will be the first truly global business school, shaped and driven by the fundamental issues of our time,” Sheppard said. “The depth of our activities in each location ensures we will become truly embedded in each region. By engaging with these regions through education and research, we will be able to examine the world’s opportunities and problems, explore interdependencies between regions, create solutions to address world issues, and prepare practitioners to be change agents and informed leaders.”

Duke maintains a relationship with India that goes back years and spans the public and private sectors. Some examples:

• Duke’s Terry Sanford Institute for Public Policy has for many years worked with the Indian Administrative Service on professional education for civil servants.
• The Duke Center for International Development designs and delivers customized educational and training programs for government agencies across India.
• Duke Corporate Education collaborates with the Indian Institute of Management Ahmedabad to provide custom corporate education programs.
• In May 2008, Duke’s Talent Identification Program offered a three-week residential pilot program on the campus of the Indian Institute for Management Ahmedabad for academically gifted Indian students; the program will be repeated next year at IIMA and in New Delhi.

Given the university’s strong ties to India and its popularity among Indian students – currently, nearly 300 Indian-born undergraduate and graduate students attend the Duke – including the South Asian nation in the university’s overseas expansion was an easy decision, according to Duke President Richard Brodhead.

“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 in a statement. “At the same time, we are building lasting relationships that will help secure a shared future of teaching and learning with India. Duke’s strengths in business, public policy, the environment and biomedical research present a unique and compelling opportunity for collaboration with colleagues in India.”

Singh, the CEO and managing director of Ranbaxy Laboratories and the chairman of the newly formed Duke India Alumni Advisory Board, welcomed his alma mater to his home country and predicted that it will set a new standard for international education programs.

“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 Duke provides,” Singh said. “I am sure it will set a new benchmark for liberal university education in India and augment the much needed requirement for world class professional institutions that are urgently needed to bridge the high quality talent needs of the fast globalizing Indian economy.”

According to Sheppard, Fuqua’s plans are unique among business schools, as they extend beyond the limited and casual affiliations that have traditionally defined international academic programs. 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.

“A comprehensive understanding of the new world economy requires expertise in a number of areas that touch upon business,” Sheppard said. “To deliver an interdisciplinary experience, we will engage the resources of other schools within Duke: Duke University School of Law, Terry Sanford Institute of Public Policy, Nicholas School of the Environment, Duke University School of Medicine, Pratt School of Engineering and Duke Global Health Institute.”

Fuqua’s new global initiative begins in August 2009 with students entering the Duke MBA-Cross Continent program – initially, the only program the foreign campuses will support – which targets high-potential junior and middle managers. Eventually, however, Fuqua will make available all of its MBA programs at its overseas campuses. Fuqua launched its Cross Continent program in 2000, with the goal of building on the strengths of its Duke MBA-Global Executive program. Students in the two-year degree program will spend one to two weeks at each of the five international sites and conclude their coursework with a four-week stretch in Durham. Tuition for the program will cost $101,900, according to Fuqua’s Web site.

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Source: http://www.indusbusinessjournal.com/ME2/dirmod.asp?sid=&nm=&type=Publishing&mod=Publications%3A%3AArticle&mid=8F3A7027421841978F18BE895F87F791&tier=4&id=B3150C5234384400AD1E0839FE73E11C

CHRIS NELSON

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AHMEDABAD: With companies from newer sectors coming in, it is an extended summer placement season at the Indian Institute of Management, Ahemedabad  (IIM-A).

Fearing a drop in the number of traditional recruiters, more number of companies have been invited this year, said sources.

Companies from sectors like media, entertainment, event management and retail have got more space to make offers to place students from batch of 2010 for internships in various national and international locations. The process that started on Thursday will end on Tuesday. Earlier, summer placements would wrap up in four days. Sources at the IIM-A say new sector companies from media, entertainment and event management are making their presence felt A. They, however, said a clear picture would emerge only after the placement officials compile the details after the process is over. “New sector companies are making more offers and even students are open to it. While traditional sectors like finance, marketing and consultancy have lost some sheen, there has been a surge in offers made by new sectors, which continues till the fifth and sixth day of the placement,” said sources.

Usually placement seasons at IIM-A have been limited to four days within which most offers are made to students. The maximum number of offers come from sectors like banking, finance and consulting firms

on Slot Zero and Slot One of placement—Day 1 and Day 2.

“But despite all odds, the placement season has not been too discouraging,” said another source. Officials refused to disclose the details and said it could be done only after the placement process was over.

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Source: http://economictimes.indiatimes.com/News/News_By_Industry/Jobs/Fearing_drop_IIM-A_extends_summer_time_placements/articleshow/3727949.cms

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Though Lehman Brothers and Merill Lynch were conspicuous by their absence, investment banking remained at the top of the pile for summer placements at the IIM-B.

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Source: http://www.keralanewsheadlines.com/2008/11/18/2791764/

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Ahmedabad: As organizations that effectively teach people how to make and manage huge sums of money, it is only apt that the Indian Institutes of Management (IIMs) eat their own dog food.

The seven IIMs (in Ahmedabad, Bangalore, Kolkata, Lucknow, Kozhikode, Indore and Shillong) could together make a profit of up to Rs22 crore this year from merely selling application forms, up from Rs18 crore last year. The increase is on account of a Rs200 hike in the price of the forms.

The forms are for the common admission test (CAT), which is conducted by each of the seven IIMs in rotation to shortlist candidates for admission to the two-year postgraduate business management programmes the schools run. In 2007, around 220,000 people sat for the exam and 2,000 made it through to the schools.

Profit in the air: The IIM Ahmedabad campus. IIMs have raised the price of forms for general candidates by Rs200 and for SCs/STs by Rs100.( Madhu Kapparath / Mint)
Profit in the air: The IIM Ahmedabad campus. IIMs have raised the price of forms for general candidates by Rs200 and for SCs/STs by Rs100.( Madhu Kapparath / Mint)
The administrators of the CAT examination, called the CAT group, a body consisting of admission committee chairpersons of each of the IIMs, have raised the cost of forms for so-called “general” candidates by Rs200—from Rs1,100 to Rs1,300—and for those belonging to the scheduled castes (SCs) and scheduled tribes (STs) by Rs100—from Rs550 to Rs650.
The profit from the sale of forms is equally distributed among the IIMs after deducting the cost of organizing CAT.

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Source: http://www.mbapursuit.com/iims-may-net-rs22-cr-from-sale-forms-this-year

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NEW DELHI: It can’t be a Common Admission Test if there are no surprises and CAT 2008 was no different. For over 250,000 candidates from across the country seeking admission to the elite Indian Institutes of Management on Sunday, the surprise came in the form of more questions and more marks.
The toughest test for entry into any academic institution in the country had 90 questions this year compared to 75 last time. The number of questions in quantitative aptitude, and logic and data interpretation remained 25 each, but the verbal ability section had 40 questions instead of 25.
The marks went up to 360 as against 300 in CAT 2007. Each question carried four marks and one negative mark for every incorrect answer. The total marks have seen significant changes in the last five years: 123 questions and 150 marks in 2004, 90 questions and 150 marks in 2005 and 75 questions and 300 marks last year.
But CAT is not just a number game. Sandeep Manudhane, founder chairman of PT, a coaching institute, said in Delhi: “It was tougher than last year’s. CAT is more of a mind game now. The questions were tricky and indirect and meant to confuse students who have weak analytical skills.”
Ulhas Vairagkar, director of TIME, another coaching institute in Delhi, said the highest number of questions were in the verbal ability section. “This was last seen in 1998. The logic and data interpretation section this year was much similar to that of 2007. Quantitative aptitude was the toughest section this year. There were fewer questions on arithmetic, but more on ‘higher maths’ like functions and indices,” said Vairagkar, who was a candidate himself.
Many candidates said the verbal ability and reading comprehension section was the toughest. But experts disagreed saying the passages were shorter and had higher level of vocabulary-based questions. “It was application-based and what we use in our regular conversation,” said Resham of Lady Sri Ram College for Women in Delhi, a candidate at an exam centre in Modern School, Barakambha Road.
Over 2.5 lakh students, including 50,000 from Delhi, appeared in the test for 1,800 seats in the seven IIMs in Ahmedabad, Bangalore, Kolkata, Indore, Kozhikode, Lucknow and Shillong. There were 230 exam centres in 23 cities across the country, 60 of the in the National Capital Region.
“A total of 2.5 lakh candidates were eligible for the test this year. Last year, 2.12 lakh candidates had appeared in the test,” said IIM-Ahmedabad spokesperson Ishita Solanki.
Apart from IIMs, several other business schools take students from the pool of successful CAT candidates. This time as many as 40 business schools have decided to join the list of institutions taking students from CAT pool.

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Source: http://www.gyanin.com/story.php?title=more-questions-more-marks-in-lsquotoughrsquo-cat-india-the-times-of-india

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New Delhi: A quintessential example of India’s overpopulation – around 2.5 lakh students will attempt to qualify, or bell, CAT 2008, which will allow them a shot at one of the 1,800 seats at the elite Indian Institutes of Management.

The Common Admission Test, best known as The CAT, will take place this year across 23 cities in India, and will have more than 2.5 lakh students appearing for the exam, including around half a lakh from the National Capital Region.

Around 2.5 lakh forms have been short listed for the CAT 2008 examination, higher than last year’s count of around 2.12 lakh candidates who took the test in 2007. Students who manage to make the cut would then go through other selection procedures at the Indian Institutes of Management at Ahmedabad, Bangalore, Kolkata, Indore, Kozhikode, Lucknow and Shillong.

Next year, another six new IIMs are expected to start functioning. A number of other business schools also prefer to accept the CAT scores as part of their own admission criteria, rather than hold competing exams. Around 40 colleges are said to have opted to enlist in the list of institutions who would select students having qualified the CAT exam. CAT scores hold good when applying to other management institutes such as Kirloskar Institute of Management, Mudra Institute of Communication (MICA) Ahmedabad, Nirma Institute of Management, SP Jain Institute, TA PAI and others.

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Source: http://www.domain-b.com/management/hrd/20081115_cat_2008.html

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The students of “Indian Institute of Planning & Management” Mumbai had a seminar on “The Future of Business” 8D View ,which was Conducted on 16TH August 2007 by Dr. Thomas Frey, the Executive Director and Senior Futurist at the Da Vinci Institute, specialist in the future of technology and its impact on business and society.

The seminar was designed to help the students understand the eight dimensions of the future and give them the tool to unlock the powers to shape the future of their business.

He enlightened the session by discussing the process of launching new businesses and technologies with several unique methodologies for helping inventors and entrepreneurs to think through their primary competencies and build a profitable business model.

Event: Global Outreach Program
Presented By: Prof. Stephen Covey
Date: 26th July 2007

nternationally respected leadership authority, family expert, teacher, organizational consultant, and author Dr. Stephen Covey took a special session with the students of IIPM Mumbai. Dr. Covey who has dedicated his life to teaching principle-centered living talked about the very important subject of trust not only at an individual level but also at a professional and organizational level. He emphasized how trust plays a pre-dominant role in today’s business. Today’s business gives more credence to Trust rather than due-diligence.

He explained the concept by using Warren Buffet and Bill Gates as an exemplary evidence. Warren Buffet gave close to 30 billion dollars to the Melinda-Gates foundation in a mere 29 days even though both these business tycoons hardly knew each other. The transaction was based more on trust and in today’s business it plays a very important role.

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IIPM-Indian Institute of Planning and Management, Business School, Management School, India’s Global B-School

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Source: http://www.prlog.org/10141595-iipm-mumbai-seminar-event-global-outreach-program.html