According to Ajit Balakrishnan, chairman of the board of governors of IIM-C, "Most students who study in IIM-C come from families whose annual income is Rs 5 lakh. We are a public higher education institute funded by taxpayers' money. Hiking our fees just because IIM-Ahmedabad or IIM-Bangalore has hiked theirs will make IIM-C an opportunist."
Conducting an examination at this level is a very complex task, says Pankaj Chandra, Director, IIM Bangalore.
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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.
All the six IIMs in the country have taken the collective decision to fix the academic eligibility to take the Common Admission Test at 50 per cent in the Bachelor's exam, a top official said on Thursday.
Many domestic and foreign companies in banking and financial services, consulting and consumer goods are believed to have written to the Indian Institutes of Management, requesting them to waive participation and recruitment fees.
Lack of adequate infrastructure major drawback.
McKinsey led the pack by picking up 15 students, followed by Lehman Brothers and Boston Consulting taking 11 each. This year's batch, too, had their share of entrepreneurs with four students who opted out of the placements. Of the 256 students, about 100 students received pre-placement offers, and about 75-odd had bagged offer letters during the lateral placement that happened few weeks prior to the final placement.
The minister said on Tuesday it may not be immediately feasible for the IITs and IIMs to open campuses abroad as they are facing faculty shortages and have to undertake 54 per cent expansion in their intake to implement OBC quota. Setting of campuses abroad may further strain the IITs' limited manpower and other resources, Purandeswari said in a written reply.
Both IIM-Bangalore and IIM-Calcutta confirmed the development. "We have received placement requests from some students from the 2006-08 batch. We are trying to approach companies at a personal level and help these students get placed," confirmed a professor from IIM Bangalore.
A listing of known B-Schools across the country organised in 9 clusters geographically. Take a look at all the 9 Clusters.
Recently, The Week announced the results of their annual b-school survey for business schools in India. Interestingly, ISB Hyderabad leads the top 25 list of business schools in India, ahead of IIM-Ahmedabad.
The Indian Institute of Management, Bangalore, invites applications for admission to its Post-graduate Programme in Software Enterprise Management.
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.
The Centre has notified new norms for the appointment of directors of Indian Institutes of Management (IIMs), making it mandatory for applicants to have first class degrees in both Bachelor's and Master's, along with a PhD or equivalent from a reputed institute.
A recently published survey by magazine careers360 has revealed that IIM-Bangalore tops the list of b-school rankings in the country. Read on.
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.
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 IIM Bill, passed by Rajya Sabha, gives B-schools autonomy and power to award full-fledged degrees.
The premier management institute, Indian Institute of Management-Bangalore, is in a bind. It had asked for Rs 114 crore (Rs 1.14 billion) to build infrastructure to accommodate additional students under the OBC quota.
CAT began in 1984 and after 25 years of pen and paper mode, it moved to a computer-based test in 2009.
'IIM Ahmedabad has seen one of the best placement seasons ever and this change can be attributed to the markets opening up after the pandemic.'
Relenting on its rigid stance, the government on Wednesday gave its nod to Indian Institutes of Management to go global after amending their Memoranda of Associations and in a quid pro quo they decided to enhance intake of students, a condition set b
While consulting firms and investment bankers preferred not to participate in the lateral placements as usual, sources say that companies such as KPMG, Aditya Birla Group, Barclays Bank, Microsoft, Infosys and Capgemini have issued the maximum number of offers.
There are students with 10+ years of work experience who have done two-year full time MBA, says rediffGURU Patrick Dsouza.
While only the Indian Institute of Management, Ahmedabad (IIM-A) has voiced its concerns so far, the company says it has done so due to the ongoing restructuring of its business
'No matter how much you get paid or how successful you get, nothing can match the fauj.'
Professor Sameer Barua will finally take on the reins of Indian Institute of Management, Ahmedabad (IIMA) as its director within a week. Barua will succeed Prof Bakul Dholakia as the director of the premier institute, while Pankaj Chandra has been appointed as the new director of IIM Bangalore.
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