The premier Indian Institutes of Management will have to draw on all their management skills to solve the current financial imbroglio they are in. On the one hand, the fee hike by IIM Ahmedabad and IIM Bangalore has caused heartburn not only among students and the Union Human Resource Development Ministry but also among the other IIMs who say they were not consulted despite an existing agreement to do so. IIM-A and IIM-B have said that a fee hike is a prerogative of their own
'Corporations that were recruiting 15 or 20 [students] have reduced the number to two or three.'
The programme is a free, student-driven initiative and independent of the admission process but is backed by the administration of these institutes. The programme is managed through either the institute website or a separate purpose-built website that matches the profile of mentors and aspirants based on the background and discipline.
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.
Ahead of the Supreme Court hearing on the IIM fee-cut issue on Friday, the human resource development ministry has received a shot in the arm with IIM-Lucknow extending its support to the controversial move.
IIM Ahmedabad Director Samir K Barua says, a straight comparison of IITs and IIMs with global institutes, without accounting for the impact of the ownership on performance would be unfair.
IIMs have categorically asked the government not to interfere in their internal affairs so that they can smoothly carry out their work of making IIMs a global brand on par with the big B schools like Harvard and Wharton.
The Indian Institute of Management, Ahmedabad (IIM-A) has finally agreed to set up a satellite campus near Hyderabad. The decision was taken at a board meeting of the premier B-school on June 24, according to government officials.
To meet this week on representation to HRD ministry for degree granting power, autonomy.
Do you agree with the government? Or should IIMs be allowed to go overseas? Do you think India needs IIMs? Tell us.
The IIMs reason that foreign tie-ups are important given the increasing demand for student and faculty exchange programmes and joint programmes in research and training.
The highest domestic package, however, fell 10 per cent
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After months of speculation and apprehension, students have finally been let in on the pattern of this year's computer-based CAT.
While IIM-B is yet to decide on the exact quantum, the increase could be anywhere between Rs 20,000 and Rs 50,000. The institute will be revising its fee after three years. Through the revision, the institute plans to increase its earnings from the placement fee.
The e-commerce firm recruited 18 post graduate students.
'There is a difference between a politician and leader.' 'A politician will have his pound of flesh first and do everything else later.' 'A leader will sacrifice everything to help people.'
Rohit Salaria is the cheeky fictional protagonist of IIM C alumnus Mayank Jain's Stop Me If You Can who learnt some rare skills during his two years at IIM-C. He gets candid about his prized skills which have stood him in good stead ever since.
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.
A decision to this effect was taken at a meeting of IIM directors with HRD minister Kapil Sibal in which they discussed about the vision and autonomy of these prestigious B-schools.
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."
He spoke on 'public policy for inclusive development' before students of the post graduate programme in management, the flagship course of the premier business school, the IIM-A said.
In two years, the start-up Overqualified Housewives has helped over 6,000 women across India find flexible-job roles across India from salaries ranging between Rs 8,000 to Rs 80,000, making them financially independent.
The Indian Institute of Management-Calcutta on Tuesday accepted the drastic fee cut proposed by the government.
In a possible showdown between the Indian Institutes of Management and the Union HRD ministry, the IIM-A has 'rejected' recommendations of R C Bhargava Committee.
The Union Cabinet today approved the establishment and operationalisation of IIM at Jammu from the academic year 2016-17.
At a time when most B-schools are slashing annual festival budgets because corporate sponsorships are drying up, IIM Calcutta (IIM-C) has increased its budget by nearly 20 per cent for its four festivals this year.
The institutes have now begun sensitising students about business ethics and morality as well. Be it inviting eminent personalities like the Dalai Lama to speak on business ethics or incorporating ethics as a compulsory course, IIMs are making efforts to produce socially-sensitive managers.
Do you have questions about CAT, XAT, CMAT or CET? rediffGURU Patrick Dsouza will answer them.
While most of Mukherjee's lectures will be closed door for the students taking up the elective, the institute plans to open up one or two sessions for public in November this year.
