IIMs have received over 170 lateral offers ranging between Rs 30 lakh to Rs 60 lakh in the first two weeks of their placement season this year.
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.
Instead of focusing on the achievements of IIM graduates or graduates of other B schools who have excelled in terms of work and contribution to the society, the media keeps harping on salaries which are bagged by just by the toppers.
Industry majors keen to hire freshers based on their performance during summer internships.
The Indian Institute of Management-Bangalore on Thursday night deferred announcement of the names of shortlisted candidates for the academic year 2008-09, following the Supreme Court verdict upholding 27 per cent reservation for OBCs in central educational institutions. IIM-B director Professor Pankaj Chandra said, "We will abide by the verdict and it will be done in a phased manner."
Indian Institute of Management-Ahmedabad Chairman N R Narayana Murthy on Friday rejected the idea of better-off institutes supporting the weaker ones.
To assist aspiring MBAs in their preparation, students at IIM Lucknow have come together to pool their experiences of the admissions process and present these tips.
The Indian Institute of Management-Bangalore and Graduate School of Business, Stanford University will sign a memorandum of understanding to facilitate exchange of business and management strategies.
IIM-Indore chairman L N Jhunjhunwala said, "Neither the Centre nor the Union HRD minister Arjun Singh were happy with the IIM-A's step to hike its fees". He said since the country is undergoing election process, the government was unable to take any decision on the issue, Jhunjhunwala told PTI on Monday.
Rohit Salaria, the protagonist of IIM C alumnus Mayank Jain's Stop Me If You Can learnt some rare skills during his two years at the IIM-C. He offers a tongue-in-cheek account of the things he missed learning at the b-school.
While 2009 placements saw a 20-50% dip in salaries, the institutes are optimistic this time, even though salaries and number of offers per student are yet to touch 2007-08 levels.
Unhappy over thousands of students failing to write the Common Admission Test (CAT) due to technical problems, the Ministry of Human Resource Development (MHRD) is meeting directors of Indian Institutes of Management (IIMs) on Wednesday to discuss its concerns.
Doing a two-year post-graduate management course at any Indian Institute of Management is becoming increasingly expensive with most IIMs having already hiked fees by 5-43 per cent, while others plan to do so shortly.
IIM Calcutta (IIM-C) will increase the fee for the two-year post-graduate programme (PGP) by Rs 3.5 lakh to Rs 13.5 lakh from academic year 2010.
Mayank Jain's book Stop Me if You Can is a light-hearted description of the life of an IIM grad in sales. Here is an excerpt from the book.
The silver jubilee celebrations for the Indian Institute of Management, Ahmedabad (IIM-A) seems to have fructified for the institute. Having hosted several alumni meets as part of its 50 years celebrations, the premier B-school has received close to Rs 40 crore (Rs 400 million) of fund commitments from previous batches.
The Indian Institute of Management-Ahmedabad (IIM-A) on Monday inked a memorandum of understanding with US-based Duke Corporate Education to provide 'customised corporate education programmes' in India and the Middle East.
After asking Railway Minister Lalu Prasad to speak about the revamp of the railways, the Indian Institute of Management, Ahmedabad has invited his bete-noire Bihar Chief Minister Nitish Kumar to deliver a lecture on reforms in his state.\n
Environment minister Jairam Ramesh recently stirred the hornet's nest when he suggested that the faculty members of IITs and IIMs were not 'world class' and that the institutes were 'excellent' because of the quality of students. Siddhesh Joglekar an IIM-C alumnus reacts.
The Operations Interest Group at IIM Lucknow and CoolAvenues.com invites business school students to participate in Opsyrus 2006, the paper writing competition.
CAT trainers ARKS Srinivas and Rahul Reddy chatted with Get Ahead readers post CAT. Here is the transcript.
What does it take to get that coveted MBA degree? Here, IIM Lucknow students share their comic take on the trials and tribulations of an IIM student. Check it out!
The IIM-A faculty council had demanded that implementation of the ministry order on pay structure be delayed by a month, before future course of action is decided by them.
The research output of ISB stands out clearly, giving it an edge over the IIMs.
It is not clear whether the drop in offers is a fallout of demonetisation.
Rs 25 lakh can make sure that the medal will bear individual or corporate donor's name for 10 yrs.
The government said that the premier B-schools should meet domestic demand first.\n
The two institutions will try to enhance the research mission and develop collaborative case studies for teaching purpose, design and deliver series of faculty research workshops.
State Bank of India and IDBI Bank have decided not to go to the IIMs this year.
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.
The six premier Indian Institutes of Management could hike their fees from the next academic session keeping in view the growing inflation.
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 Indian Institute of Management-Ahmedabad has awarded Hyderabad-based Sarovar Park Plaza, a subsidiary of Sarovar Hotels, a long-term contract to provide management-backed hospitality services.
The story of this secret contribution started in 2006, when IIM-L's students were asked to visit a nearby village as part of a social initiative programme on World Poverty Day.
Six IIM-Ahmedabad students plan to start an anti-corruption helpline to weed out corruption from public life. This comes in the wake of series of scams being unearthed in India in the recent past.
