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.
Speaking at the annual management conclave 'Confluence 2014' held at the Indian Institute of Management, Ahmedabad (IIM-A), Rekhy stated that automation in manufacturing such as 3D printing will result in loss of job creation in the industry.
Buoyed by the response of the new government at the Centre, the directors of all six Indian Institutes of Managements would meet in Ahmedabad on Sunday to find a solution to the autonomy and the fee-structure issues.
The Indian Institute of Management Bangalore has been ranked 24th while IIM-Ahmedabad ranked 55th in a worldwide survey of 'Universal Business Schools with major international influence'.
This year, IIM Ahmedabad, the largest and most prestigious of the institutes, has seen a 50 per cent slowdown in placements on the coveted "day zero" (the first day), probably for the first time since the dotcom bust in 2000.
The finance minister is ready to present a second financial package. The Centre has ruled out a mega stimulus and will rely on targeted, incremental packages. Industry is clamouring for a bailout, the liquidity upheaval in capital markets is nowhere close to being sorted out, and all budgetary forecasts now stand irrelevant, reports Arup Roychoudhury.
What will happen to the job placement and summer internship plans of India's management and IIT students? Many campuses are stepping in to help students hang on to their placements, in spite of the lockdown.
On February 11, 2009, Subhiksha announced that it was closing down all its 1,600 outlets till May 2009.
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."
Amidst all the tension of the economic meltdown, Srijan Pal Singh took the call of letting go of an offer from a much sought-after consulting group and followed his instinct.
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.
There would be intake of 140 students in the Post Graduate Programme course in phase-I.
Though there is doubt over the methodology, B-school surveys help aspiring management students and recruiters make a more informed choice
The last date to register for the Common Admission Test (CAT 2013) is September 24. Read on for details on how to register for the test...
Some of the highest number of offers at IIM-A were made by Royal Bank of Scotland, Ernst & Young and Microsoft.
Three CAT toppers share their strategies and experiences.
In the context of market integrity, the IRAI and RBI should go over the minutes of the LIC and SBI board meetings when the decisions to invest in Adani equity or debt were taken, notes Jaimini Bhagwati, former World Bank treasury professional.
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
The Union Cabinet has already approved the Bill for tabling in Parliament.
Indians are election junkies, and that includes all of us -- political parties, aspirants for seats, pollsters, pundits parsing straws in the wind, says Shreekant Sambrani
He said it is natural for India to hold its 1st overseas start up event in the Silicon Valley.
It is worth thinking about the deeper reasons that make people depend, often against their wishes, upon substances that ruin their health and their relationships, observes Chintan Girish Modi.
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.
Major institutes see rise in summer placements; consulting, BFSI, e-commerce firms are top recruiters, says Vinay Umarji.
A couple of days earlier, IIM Ahmedabad said it would hike the fees for its two-year PGP course.
IIM Ahmedabad (IIM-A), which had agreed to set up a campus in the state, has not been able to start work due to the political uncertainty caused by the Telangana issue.
With India's top business schools eager to establish themselves as leading global brands, government control is hugely restrictive.
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 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.
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