Final placements at IIM-Ahmedabad start this Saturday, while IIM-Indore and IIM-Lucknow will begin the process next week. IIM-Bangalore (IIM-B) and IIM-Calcutta (IIM-C) will start their final placements from March 4.
Indian engineering and management institutes, which have set up bases in Dubai, are facing a 13-60 per cent dip in admissions due to the economic crisis in the city, which is one of the seven emirates of the United Arab Emirates (UAE).
Hyderabad-based Indian School of Business (ISB) is off to a flying start this season. Citi Group has offered an analyst investment banker's position with so far the highest offer of Rs 40 lakh per annum, followed by a Rs 33-lakh offer by Parthenon Group, a consulting firm.
The IIMs will begin final placements in March 2010.
The 'First Status Report on Technology Business Incubation' in India also stated that 20 to 30 per cent of incubated companies make it big.
These universities are a part of the ministry's 'brain gain' policy to attract talent from all over the world. Human Resources Development Minister Kapil Sibal had last August announced that 14 Innovation Universities will be set up in the country under the 11th Five-year Plan (2007-12).
People will have to pay 50p-Re 1 more per litre of petrol and diesel when 11 cities in India move to the Euro IV emission norm, and the rest of the country to Euro III, in April 2010.
Last year, over 200 companies adopted 300 ITIs in the country and the involvement is gaining pace.
Day Zero was created when demand for IIM graduates had peaked and the institutes had to resort to creative mathematics to accommodate big recruiters without offending the existing ones. Falling job market has forced the B-schools to review the strategy, including placement fee revision.
Results of the Common Admission Test could get delayed with Indian Institutes of Management and Prometric, which conducted the online test, still to decide a new date for conducting the exam for students who could not give their exam due to technical glitches.
Pankaj Sarma (name changed), associate professor with an Indian business school, earns Rs 1 lakh every month for evaluating papers written by students in the US. This is apart from his salary of Rs 60,000 as per University Grants Commission scale.
Even as placements at the premier Indian Institutes of Technology will continue till March 2010, some IITs have begun offering students from their previous year's batch a chance to sit for job interviews this year, too.
The dates for the exam may be extended beyond December 8 and 9.
The Indian Institutes of Management (IIMs) are understood to have contemplated scrapping of the computer-based Common Admission Test (CAT) before deciding to wait for a few more days before taking such a call.
Conducting an examination at this level is a very complex task, says Pankaj Chandra, Director, IIM Bangalore.
Even as day three of the computer-based Common Admission Test (CAT) continued to add to the anxiety of the student community, academicians have shifted the blame game from Prometric to the Indian Institutes of Management (IIMs) and NIIT, accusing them of adopting a highly casual attitude.
Offers, high ones, are coming in before placements officially start.
After successfully dabbling in organised retail in 2006, Mukesh Ambani, chairman of India's largest private sector company, Reliance Industries (RIL), has now set his eyes on no-frills, low-cost housing."RIL has deep pockets and excellent execution skills. It has executed two large projects like the Jamnagar refinery and the KG-D6 basin in a record time. Another such large project is only obvious for the company to get into," said a source close to the development.
These non-profit multi-disciplinary institutions will have to be registered under Section 25 of Companies Act.
Management institutes are simultaneously inviting more companies to minimise the chances of fewer placement offers this season.
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