Companies come up with new ways to increase their involvement in B-schools to make sure they are able to interact first-hand with potential employees.
Gone are the days when corporate involvement in management schools was restricted to providing internships, and sponsoring cultural festivals and research chairs.
The race to hire the best students during final placements is leading more companies to get into major collaborations with educational institutions. Be it setting up news terminals on the campus, opening research wings or developing joint education programmes, companies are more than eager to contribute funds for industry-academia partnerships.
Leading the pack is Citi Group which has decided to commit around Rs 6.3 crore to the Indian School of Business (ISB) Hyderabad to promote financial inclusion for small investors and enterprises.
Citi Foundation will provide the grant to ISB's Centre for Analytical Finance (CAF) over a period of three years. CAF will undertake projects on a range of subjects in the financial domain and formulate recommendations to support regulators, practitioners, academics and other opinion leaders to implement financial development in the country.
"With this research programme, our longstanding relationship with ISB will be further strengthened. CAF is uniquely positioned to undertake this project as it has prior experience of doing quality work in this and other related areas," said Sanjay Nayar, CEO Citi India.
The rationale behind the corporate world's eagerness to partner with management schools is simple. Along with first-hand interaction with students, who could be potential employees, the companies can also access research data compiled by institute faculty members and students.
BS Sahay, director, IMT Ghaziabad, said: "These collaborations are part of research, training and consultancy. IMT has collaborations with companies in the private and public sector including Hankel, Transport Corporation of India, Moser Bear, HPCL and ONGC. Our forte is to create, impart and disseminate knowledge through applied research, which can be directly used by not just the company, but also the particular industry."
JP Morgan, which hires a significant number of students each year from Indian campuses, became the first company to sponsor a news terminal for an educational institute. This was in the Indian Institute of Management, Ahmedabad (IIM-A).
The terminal provides real time and historical data for about five million securities covering equities, bonds, currencies, derivatives and commodities from around the world to help students prepare term papers, assignments and project courses.
Larry O'Donnell, chief, human resources India, JP Morgan, said that this was part of the company's endeavour to create a partnership early and not just during recruitment.
The company has hired students from the IIMs at Ahmedabad, Bangalore and Calcutta as well as other top institutes like XLRI Jamshedpur. The firm is looking at sponsoring lecture series, internship programmes and other activities for institutes in India.
SAP has decided to support IIM Bangalore's Centre for Enterprise Resource Planning, where IIM-B's faculty would collaborate with SAP in the creation, sharing and dissemination of knowledge. SAP and IIM-B's plan includes conducting industry-specific national and international conferences, workshops, and roundtable discussions. Special focus will be given to working with government (Central, State and Local) ministries and departments in the field of e-governance.
Microsoft India has been organising a competition called the ‘Imagine Cup' for students across Indian campuses to come out with innovative technologies. At the end of the event, the company looks at promising students for recruitment and is also open to funding feasible innovations from students. Likewise, Sun Microsystems has collaborated with Gujarat-based Dhirubhai Ambani Institute of Information and Communication Technology (DAIICT) to form a club, which aims at promoting Sun's technologies in the campus.
Companies like Reliance, NIIT and Accenture among others have launched online education programmes with top management schools like Xavier Labour Relations Institute (XLRI) Jamshedpur, IIM-A, IIM-C and ISB.
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Showing posts with label IIM A B C K L I. Show all posts
Showing posts with label IIM A B C K L I. Show all posts
Monday, May 26, 2008
Thursday, April 24, 2008
Orientation course at IIMs may stretch longer
The Supreme Court’s decision to implement the 27 per cent reservation quota for Other Backward Classes (OBCs) in the Indian Institutes of Management (IIMs) will have another fallout besides putting pressure on the infrastructure and bringing financial woes to the fore.
The duration of the ‘preparatory programme’, for students who are weak in certain areas, held by the IIMs each year before the batch begins, could get longer this year and the number of students selected is also expected to go up significantly.
Each year, the interview panel comprising senior faculty members from the IIMs identify a small number of students from the final list of selected candidates who need coaching in certain subject areas of Mathematics, English and verbal communication.
With the OBC quota coming into play, IIM faculty members are expecting the cut-offs for the OBC students to be lower than the cut-offs for the general category students, leading to more students requiring pre-coaching.
Sources at IIM Lucknow have said that the cut-off percentile for each section for general category students is 85, for SCs is 55 , STs is 50 and OBCs is 75. The institute will organise its preparatory course for two weeks this year.
IIM Bangalore has a percentile cut-off in each section of 88 for general students, around 45-50 for the SC/ST category and for OBC candidates it is expected to be around 70.
Usually non-engineering students are introduced to mathematical concepts through the programme. Verbal communication skills are also enhanced. The preparatory programme does not take into account a student’s economic or social background.
“However, it so happens that a large number of these students are from the SC/ST background,” said an IIM faculty.
IIM Indore, which usually holds a five-day preparatory programme for students, is set to increase the duration of the programme to two weeks.
An official from the institute said one of the reasons why the move was being considered was because of the expected lowering of cut-offs for OBC candidates.
At IIM Ahmedabad, the preparatory programme will be for three weeks. Last year the institute had conducted the programme for two weeks.
The number of students attending the programme are around 50 each year and a source said that the number could increase this year.
While the human resource development ministry has already notified the implementation of OBC quota in higher educational institutions, the IIMs say that they have not received the official communication yet.
The institutes say that once they receive the notification, they will implement the quota in phases. IIM Ahmedabad will take up 6 per cent OBC expansion this year, IIM Bangalore will take up 7 per cent, IIM Calcutta will take up 3 per cent, IIM Indore will take up 4 per cent, while IIM Lucknow will take up 8 per cent.
The duration of the ‘preparatory programme’, for students who are weak in certain areas, held by the IIMs each year before the batch begins, could get longer this year and the number of students selected is also expected to go up significantly.
Each year, the interview panel comprising senior faculty members from the IIMs identify a small number of students from the final list of selected candidates who need coaching in certain subject areas of Mathematics, English and verbal communication.
With the OBC quota coming into play, IIM faculty members are expecting the cut-offs for the OBC students to be lower than the cut-offs for the general category students, leading to more students requiring pre-coaching.
Sources at IIM Lucknow have said that the cut-off percentile for each section for general category students is 85, for SCs is 55 , STs is 50 and OBCs is 75. The institute will organise its preparatory course for two weeks this year.
IIM Bangalore has a percentile cut-off in each section of 88 for general students, around 45-50 for the SC/ST category and for OBC candidates it is expected to be around 70.
Usually non-engineering students are introduced to mathematical concepts through the programme. Verbal communication skills are also enhanced. The preparatory programme does not take into account a student’s economic or social background.
“However, it so happens that a large number of these students are from the SC/ST background,” said an IIM faculty.
IIM Indore, which usually holds a five-day preparatory programme for students, is set to increase the duration of the programme to two weeks.
An official from the institute said one of the reasons why the move was being considered was because of the expected lowering of cut-offs for OBC candidates.
At IIM Ahmedabad, the preparatory programme will be for three weeks. Last year the institute had conducted the programme for two weeks.
The number of students attending the programme are around 50 each year and a source said that the number could increase this year.
While the human resource development ministry has already notified the implementation of OBC quota in higher educational institutions, the IIMs say that they have not received the official communication yet.
The institutes say that once they receive the notification, they will implement the quota in phases. IIM Ahmedabad will take up 6 per cent OBC expansion this year, IIM Bangalore will take up 7 per cent, IIM Calcutta will take up 3 per cent, IIM Indore will take up 4 per cent, while IIM Lucknow will take up 8 per cent.
Tuesday, April 22, 2008
Panel asks IIMs to defer fee increase
The Indian Institutes of Management (IIMs) have been asked by the IIM Review Committee to put on hold their decision to increase the fees for the two-year Post-Graduate Programme (PGP) from the coming academic session.
In its interim report submitted to the government on April 4, the Committee said the Union Human Resource Development (HRD) Ministry should ask the IIMs to defer any increase in fees and keep them at the December 2007 level till it submits its final report.
The government has since forwarded the Committee’s recommendation to the chairpersons of the IIMs.
This information was provided in the Rajya Sabha by Minister of State for HRD, D. Purandeswari.
To a question on whether the IIMs had increased their fees by about 70 to 150 per cent, the Minister said only one of the six institutes — IIM Ahmedabad — had increased it by 175 per cent from Rs.2 lakh to Rs.5.50 lakh in the first year and from Rs.2.30 lakh to Rs.6 lakh in the second year.
The quantum of the hike in the other five IIMs is 60 per cent at Bangalore, 50 per cent at Calcutta, 25 per cent at Lucknow, 57.89 per cent at Indore and 57.90 per cent at Kozhikode.
In the case of IIM Bangalore, the proposal is to increase the annual fee from Rs.2.50 lakh to Rs.4 lakh in the first year and Rs.5 lakh in the second year. At IIM Calcutta, the hike is to be from Rs. 2.014 lakh and Rs.1.986 lakh to Rs.3 lakh and Rs.4 lakh.
While IIM Lucknow proposes to hike the fees to Rs.2.5 lakh annually from Rs.1.945 lakh and Rs. 2.095 lakh respectively, IIM Indore has sought to increase it from Rs.1.90 lakh in the first year and Rs.2 lakh in the second year to Rs.3 lakh and Rs.3.10 lakh.
IIM Kozhikode is to hike fee to Rs.3 lakh from Rs.1.90 lakh in the first year and Rs.2.10 lakh in the second year.
In its interim report submitted to the government on April 4, the Committee said the Union Human Resource Development (HRD) Ministry should ask the IIMs to defer any increase in fees and keep them at the December 2007 level till it submits its final report.
The government has since forwarded the Committee’s recommendation to the chairpersons of the IIMs.
This information was provided in the Rajya Sabha by Minister of State for HRD, D. Purandeswari.
To a question on whether the IIMs had increased their fees by about 70 to 150 per cent, the Minister said only one of the six institutes — IIM Ahmedabad — had increased it by 175 per cent from Rs.2 lakh to Rs.5.50 lakh in the first year and from Rs.2.30 lakh to Rs.6 lakh in the second year.
The quantum of the hike in the other five IIMs is 60 per cent at Bangalore, 50 per cent at Calcutta, 25 per cent at Lucknow, 57.89 per cent at Indore and 57.90 per cent at Kozhikode.
In the case of IIM Bangalore, the proposal is to increase the annual fee from Rs.2.50 lakh to Rs.4 lakh in the first year and Rs.5 lakh in the second year. At IIM Calcutta, the hike is to be from Rs. 2.014 lakh and Rs.1.986 lakh to Rs.3 lakh and Rs.4 lakh.
While IIM Lucknow proposes to hike the fees to Rs.2.5 lakh annually from Rs.1.945 lakh and Rs. 2.095 lakh respectively, IIM Indore has sought to increase it from Rs.1.90 lakh in the first year and Rs.2 lakh in the second year to Rs.3 lakh and Rs.3.10 lakh.
IIM Kozhikode is to hike fee to Rs.3 lakh from Rs.1.90 lakh in the first year and Rs.2.10 lakh in the second year.
Wednesday, January 9, 2008
IIM Ahmedabad,IIM Bangalore,IIM Calcutta,IIM Lucknow,IIM Indore CAT 2007 call for GD/PI
Number of calls
CAT 2007
IIM Ahmedabad 745 students for 250 seats
IIM Bangalore 1055 students for 240 seats
IIM Calcutta 998 students for 300 seats
IIM Lucknow 1150 students for 300 seats
IIM Indore 1730 students for 240 seats
CAT 2007
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