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.
The Union Cabinet has already approved the Bill for tabling in Parliament.
Some directors think pooling their resources - financial and faculty - for their international foray makes eminent sense.
The IIM-A director said the Sixth Pay commission affected the institutes's resources severely.
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 institute has revised fees for the one year post graduate programme for executives by five per cent as well.
The IIM-A faculty council during its meeting held on Saturday last had opposed the new government order on pay revision and asked IIM-A director Samir Barua to delay its implementation by a month.
The Indian Institute of Management, Ahmedabad (IIM-A), completes 50 years of its existence. Samir Barua, director IIM-A, shares with Kalpana Pathak his plans for the institute.
After more than doubling fees last year, the Indian Institute of Management, Ahmedabad, has raised fees for its Post Graduate Programme in Management by Rs 50,000 from 2010-11, institute director Samir Barua said in Ahmedabad on Sunday.
The mood at the Indian Institute of Management, Ahmedabad (IIM-A) is festive, with one of its alumnii, Raghuram Rajan taking over as the next Reserve Bank of India (RBI) governor.
Faculty crunch, infrastructure development and funding are were the 'major impediments' faced by the Indian Institute of Management-Ahmedabad (IIM-A), said its new director Samir K Barua.
When Samir K Barua took over as the director of the Indian Institute of Management, Ahmedabad (IIM-A) in November 2007, he had listed knowledge creation, hiring and retention of faculty members and increasing contacts with the industry as his priority work areas. Four months on, Barua is planning a number of initiatives in the upcoming academic year towards achieving his objectives.
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.
While chits and the formal financial sector are not 'largely substitutable', users like the commitment to savings that these enforce and the flexibility in borrowing, reports N Sundaresha Subramanian from New Delhi.
After getting Indian Oil Corporation, the nation's largest oil firm, to drop four independent directors and Engineers India Ltd to boot out two, it is now seeking to sack former Power Secretary P Uma Shankar, chartered accountant S Ravi and former BPCL Chairman R K Singh from the board of ONGC.
The study says living in joint families negatively impacted the level of financial knowledge.
Counting of votes is underway for four Lok Sabha and eight assembly Constituencies, spread across six states and one Union Territory where by-elections were held on Saturday.
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