With the Indian Institutes of Management (IIMs) hiking their fees, many general category students will have to approach banks for educational loans. Most will also have to furnish collateral to get that all-important loan.IIM-Ahmedabad, for instance, has almost trebled its fees to Rs 4 lakh to Rs 11.5 lakh. IIM-Kolkata has hiked it from Rs 5 lakh to Rs 7.5 lakh. Others like IIM Bangalore and IIM Lucknow have hiked it from Rs 5 lakh to Rs 8 lakh and Rs 4 lakh to Rs 5 lakh.
Dr Samir Barua, director, IIM Ahmedabad suggests that b-schools in our country must pool their resources and conduct placements collectively to ensure employability of its graduates.
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.
Lack of adequate infrastructure major drawback.
The six premier Indian Institutes of Management could hike their fees from the next academic session keeping in view the growing inflation.
It's a story of contradictions across the Indian Institute of Managements as far as the 'Certificate Course in Business Administration' for the Officers of the Indian Armed Forces is concerned.
The government's efforts to set up six new Indian Institutes of Management have been marred by resistance from some of the existing ones which are not keen on the idea of mentoring the new institutes, forcing the government to set up a committee to evolve a suitable module for the purpose.
IIM-Ahmedabad's Post Graduate Programme in Management for Executives and the Indian School of Business's Post-Graduate Programme in Management has been ranked at 11 and 13 respectively in a list of 100 top B-schools in the world, says a business school ranking from the Financial Times of London.
The highest international offer of $3,40,000 (Rs 1.36 crore) during final placements on the Indian Institute of Management, Calcutta campus this year has come from an international investment bank. The highest domestic salary has been in the range of Rs 65 to Rs 70 lakh per annum.
The six IIMs will be announcing the list of admissions for the coming academic session by April 21.
Sabarmati Central Jail in Ahmedabad and Central jail in Baroda have contacted IIM-Ahmedabad to help them in issues related to sale, distribution and management of factory products and also help inmates acquire more skills which they may be able to best utilise outside when they are released from prison, Dheeraj Sharma, associate professor of marketing and international business, IIM-Ahmedabad, said.
The Union Cabinet has already approved the Bill for tabling in Parliament.
In 2002-03, the government had funded only 30 per cent of its total expenditure.
IIM Ahmedabad will provide a performance-linked pay model to the Sixth Pay Commission which has been assigned the task of recommending revised pay scales for central government staff.
Dispelling rumours about reduced hiring due to the sub-prime crisis, investment banks were once again the most preferred recruiters at the Indian Institutes of Management. At IIM Ahmedabad, 35.9 per cent of the students opted to take up their two-month internships with I-Banks, whereas 19 per cent of students took up the same at IIM Bangalore.
'He asserted in his usual jovial style that he was not an MBA like his audience at IIM-Ahmedabad but perhaps had an even better business degree: MBB'. 'He went on to explain to his perplexed, blue chip B-School audience that MBB stood for "Marwadi by birth"!' Shivanand Kanavi salutes Shashi Ruia, co-founder of the Essar group who passed into the ages on November 25, 2024 in Mumbai.
Sources said the fresh batch of profiles include students whose date of joining has been delayed by Flipkart.
CAT began in 1984 and after 25 years of pen and paper mode, it moved to a computer-based test in 2009.
IIM-A will be offering six programmes that are blended or a mix of online and offline.
The six Indian Institutes of Management will also start more courses from the coming academic year.
After IIM Ahmedabad and IIM Bangalore, the IIM Lucknow has decided to increase the fee of its post graduate programme in management by Rs 1,50,000 per annum from the coming academic session. "We will increase the fee from Rs 2,50,000 per annum at present to Rs 400,000 per year from 2009-10 academic session. The fee will be Rs 400,000 each year during the two-year programme," IIM Lucknow director Prof Devi Singh told PTI.
From the free rider who does things at his own place to the Kotler derivative who lives by the rules, meet the specimens you can bump into at IIM-Ahmedabad
The annual results of Business Today's best b-schools of India for 2011-12 are out. IIM-Bangalore outpaced IIM-Ahmedabad's number one ranking after a record 10 years. Read on to know the top 10 business schools of India.
A couple of days earlier, IIM Ahmedabad said it would hike the fees for its two-year PGP course.
The Indian Institute of Management (IIM), Ahmedabad on Monday said it will go ahead with the admission process for the 2007 batch without providing for 27 per cent reservation for OBCs in the wake of the Supreme Court order.
The IIM Bill, passed by Rajya Sabha, gives B-schools autonomy and power to award full-fledged degrees.
India needs well-educated and competent politicians, says Abhishek Mishra, who resigned from his job as a professor at IIM-Ahmedabad to join the Samajwadi Party. Now appointed UP's minister of state for protocol, he tells Faisal Kidwai why he has great hopes for the future.
India needs well-educated and competent politicians, says Abhishek Mishra, who resigned from his job as a professor at IIM-Ahmedabad to join the Samajwadi Party. Now appointed UP's minister of state for protocol, he tells Faisal Kidwai why he has great hopes for the future.
Ahmedabad's Indian Institute of Management and four other business schools from Asia have figured amongst the world's top 100 management schools in a survey published by the prestigious London-based weekly Economist's Intelligence Unit.
Rising costs, service tax and recognition of their own increased brand value has prompted most Indian Institutes of Management to raise placement fees this season -- in some cases like IIM Kozhikode's -- even up to 25 per cent.
The government's decision to invite applications for the post of director in three Indian Institutes of Management has drawn a strong reaction from IIM-Ahmedabad director Bakul Dholakia.