Mukesh may foot intl faculty salaries at IIM-B

Chairman and Managing Director of Reliance Industries, Mukesh Ambani is understood to have expressed interest in footing the salary bills of international faculty at the Indian Institute of Management (IIM), Bangalore.

A source said Ambani, who is on the governing board of the premier IIM, had emphasised that the institute should recruit international faculty to become world class at the institute's recent board meeting.

"The board discussed hiring international faculty but we have not yet worked out a detailed plan on this front. We will be taking a call on the issue in the next couple of months and could put a proposal in front of all board members," said a board member.

The institute could also approach the board members to raise funds for the purpose.

Last year, Mukesh Ambani, who is also an alumnus of the Stanford Graduate School of Business (GSB), had sponsored a GSB and IIM-B student exchange programme under which 16 students of the institute visited Stanford on a seven-day trip.

"Sponsoring the recruitment of international faculty could be another step towards raising IIM-B's international portfolio and international research," added the source.

None of the seven IIMs has international faculty on their rolls. Last year, IIM-Ahmedabad was in talks with an international professor but the deal fell through.

For IIMs, recruiting and retaining international faculty is a challenging affair.

"Though we always welcome visiting faculty, we find that they do not want to stay on a permanent basis on campus. However, NRI faculty, who have been working with universities abroad do show interest in joining us," said a professor from IIM Calcutta. Two new NRI professors have joined IIM-C from the UK.

A major hindrance in attracting international faculty to IIMs is the salary. At any IIM, an assistant professor's monthly income is anywhere between Rs 35,000 and Rs 40,000 (it varies depending on the consultancy fee from corporate assignments). An associate professor's monthly income is Rs 40,000-45,000 and a professor's around Rs 54,000.

Conservative estimates peg a professor's salary in the US at anywhere between $4,000 (around Rs 1.8 lakh) and $5,800 (around Rs 2.61 lakh) per month. This income is over and above consultancy fees from corporate assignments.

IIM-B asks for Rs 114 cr, gets only Rs 33 cr

The premier management institute, IIM-Bangalore, is in a bind. It had asked for Rs 114 crore to build infrastructure to accommodate additional students under the OBC quota.

However, the Centre has sanctioned only Rs 33 crore. IIM-Calcutta, too, had asked for around Rs 200 crore. It's awaiting a response.

Moreover, since the funding will come to IIM-Bangalore in phases over five years, this could seriously affect its plans for more classrooms, hostels and upgradation of IT infrastructure, according to IIM-B Director Pankaj Chandra.

"For the last three years, we had not asked the government for a single paisa. Since we can't wait for government funds to reach us, we are initiating expansion plans from our internal funds earmarked in the annual budget," Chandra told Business Standard.

Chandra explained that the implementation of the 27 per cent OBC quota would result in a 54 per cent increase in the number of seats for the flagship two-year Post Graduate Programme in Management (PGP). The number of seats will increase by 130 over the next three years to reach 340 seats in the next three years.

Test Registration Number of 300 Candidates Offered Admission at IIMB PGP 2008-10 IIMB PGP FINAL LIST

CAT REG NO
4110229
4120555
4140281
4170654
4200212
4210412
4310585
4310995
4311065
4410097
4510937
4510992
4530179
4540083
4540553
4540649
4540894
4550067
4550535
4550786
4550952
4551798
4560163
4560194
4560366
4570690
4580833
4590179
4590666
4600008
4600144
4600231
4600737
4610371
4620776
4661051
4661847
4670327
4670823
4671142
4673413
4710651
4740528
4740559
4740758
4760447
4760903
5110236
5110858
5111429
5111844
5112235
5112310
5112322
5112364
5112467
5120164
5120903
5120948
5121094
5121228
5121590
5121657
5121689
5121696
5130063
5130067
5130306
5130474
5130554
5130606
5130944
5140009
5140146
5150333
5150382
5150386
5150534
5150624
5150785
5160333
5160341
5160491
5170322
5170407
5170606
5170608
5170754
5180284
5180413
5180417
5190004
5190104
5190482
5190509
5190562
5210152
5210175
5210812
5210921
5210957
Page 3 of 6
5220037
5220225
5220297
5220309
5230176
5230379
5230387
5240208
5240463
5240495
5240720
5240788
5241059
5241278
5250008
5250143
5250241
5250410
5250484
5250522
5250572
5260244
5260380
5260569
5260664
5260777
5260786
5260895
5270181
5280142
5280346
5280365
5280469
5280926
5281161
5281196
5290183
5290213
5440641
5450317
5450544
5450549
5450745
5460577
5470148
5470482
5471284
5480240
5480469
5480756
5520838
5620612
5650012
5660373
5660530
5680364
5700301
5760077
5760122
5770501
6210716
6220439
6230149
6230616
6260511
6290619
6290844
6530197
6530434
6540578
6550463
6550494
6560173
6620209
6620263
6621029
6630511
6630652
6630711
6700210
6700342
6710155
6710371
6710445
6730365
6740148
6740177
6750069
6750818
6751453
6751489
6760251
6760444
6760976
6840270
6920406
7110432
7210108
7210329
7210355
7210379
7210983
7220304
7221165
7230008
7240396
7340520
7420345
7420517
7430616
7460191
7470186
7500237
7500289
8110009
8110138
8110574
Page 4 of 6
8111144
8111373
8111736
8111856
8120471
8120728
8121052
8121184
8131139
8131144
8140586
8150289
8150886
8151107
8151206
8151713
8151727
8160717
8160974
8161156
8161319
8161491
8170226
8170382
8170414
8171095
8310514
8321804
8420380
8420783
8450159
8450478
9130241
9130580
9130637
9140165
9140202
9140513
9140648
9180173
9200152
9200169
9200217
9200260
9200929
9220508
9230102
9240492
9240746
9280006
9280099
9280642
9281146
9300737
9310177
9320144
9330474
9340556
9350316
9360809
9370228
9390393
9400153
9400225
9400502
9420153
9420870
9430112
9430694
9450095
9450559
9460283
9460288
9470697
9510203
9520767
9530256
9550028
9570501
9590710
9650013
9650348
End of Table One
Page 5 of 6
Table Two: Test Registration Number of 25 OBC Candidates Offered Provisional Admission in PGP 2008-10 at IIMB
The following 25 OBC candidates have been made provisional admission offers subject to their providing
documentary proof that they do not belong to the “creamy layer” of OBC as defined by the Government of
India. Any attempt to provide false information in this regard will result in cancellation of the offer. The
provisional admission offer will be void for these 25 OBC candidates if they belong to the “creamy layer”.
CAT TR_NO
4540744
4610130
5190383
5200808
5220455
5230609
5250954
5420022
5430394
5430667
5450563
5460765
5520280
5640197
6710259
7361962
7430063
8110948
8121020
8140206
8140464
8160268
8170180
9260536
9540578
Page 6 of 6
Table Three: Test Registration Number of 80 Waitlisted Candidates for PGP 2008-10 at IIMB
CAT Test Registration Number of the 80 candidates who have been waitlisted by IIMB - 50 in general
category, 16 in SC category, 7 in ST category and 7 in PWD category. Waitlisted candidates can check
their waitlist status with waitlist rank in their category on the admissions page of the IIMB website.
These candidates have also been couriered letters on May 1, 2008 stating their waitlist rank.
CAT TR_NO
4110101
4510880
4530946
4540227
4550300
4551140
4570106
4610121
4620282
4661558
4661931
4673843
5110013
5110937
5111801
5120403
5121536
5130065
5130786
5160086
5180951
5190529
5191097
5200501
5200892
5240562
5240809
5240914
5241201
5250157
5250409
5260374
5280082
5290250
5430289
5430322
5440662
5460033
5470920
5471385
5510965
5520392
5660171
5660581
5780169
5800008
5800048
6130938
6131052
6150273
6271925
6281413
6420394
6540774
6550705
6620985
6630242
6630344
6680085
6740548
6750080
6751825
6760330
7151186
7220159
7470644
8110546
8110565
8130182
8130617
8131110
8140742
8170615
9260068
9260900
9350716
9381054
9420147
9650026
9650084

IIM-B earmarks Rs 1.5 crore for poor students

The Indian Institute of Management-Bangalore (IIM-B) has set aside a sum of Rs 1.5 crore for assistance to the students who are facing difficulty in getting admitted into the institute this year.

In the academic year 2007-08, IIM-B had disbursed Rs 91 lakh towards assistance for the needy students. "Keeping in mind the increase in fees for the entering batch, the amount budgeted for financial aid this year has been revised to Rs 1.5 crore," it said in a statement.

The financial assistance by IIM-B is in addition to bank loans that the students can also avail of. "The objective of IIM-B's financial aid policy is to ensure that no student is deprived of education at the institute for financial reasons," it added.

The eligibility criteria to avail of financial assistance in the ongoing year has been revised to include those students with an annual household income of Rs 3,00,000 (from previous year's Rs 2,00,000).

A student seeking this assistance needs to fill in a form detailing information like annual household income, savings, assets, and outstanding loans.

The quantum of the financial assistance to be awarded to a candidate is decided based on his/her financial needs, which is determined during an interview with a panel comprising two faculty members.

In case a student is facing difficulty in making the initial payment to secure admission, he/she can send the application ahead of time, according to IIM-B.

Banks including SBI, SBM, Andhra Bank, and Allahabad Bank also provide loans to students for getting admission into IIM-B.

Test Registration Number of 80 Waitlisted Candidates for PGP 2008-10 at IIMB

CAT Test Registration Number of the 80 candidates who have been waitlisted by IIMB - 50 in general
category, 16 in SC category, 7 in ST category and 7 in PWD category. Waitlisted candidates can check
their waitlist status with waitlist rank in their category on the admissions page of the IIMB website.
These candidates have also been couriered letters on May 1, 2008 stating their waitlist rank.
CAT TR_NO 5290250 8110565
4110101 5430289 8130182
4510880 5430322 8130617
4530946 5440662 8131110
4540227 5460033 8140742
4550300 5470920 8170615
4551140 5471385 9260068
4570106 5510965 9260900
4610121 5520392 9350716
4620282 5660171 9381054
4661558 5660581 9420147
4661931 5780169 9650026
4673843 5800008 9650084
5110013 5800048
5110937 6130938
5111801 6131052
5120403 6150273
5121536 6271925
5130065 6281413
5130786 6420394
5160086 6540774
5180951 6550705
5190529 6620985
5191097 6630242
5200501 6630344
5200892 6680085
5240562 6740548
5240809 6750080
5240914 6751825
5241201 6760330
5250157 7151186
5250409 7220159
5260374 7470644
5280082 8110546

Test Registration Number of 25 OBC Candidates Offered Provisional Admission in PGP 2008-10 at IIMB

The following 25 OBC candidates have been made provisional admission offers subject to their providing
documentary proof that they do not belong to the “creamy layer” of OBC as defined by the Government of
India. Any attempt to provide false information in this regard will result in cancellation of the offer. The
provisional admission offer will be void for these 25 OBC candidates if they belong to the “creamy layer”.

CAT TR_NO
4540744
4610130
5190383
5200808
5220455
5230609
5250954
5420022
5430394
5430667
5450563
5460765
5520280
5640197
6710259
7361962
7430063
8110948
8121020
8140206
8140464
8160268
8170180
9260536
9540578

Test Registration Number of 300 Candidates Offered Admission at IIMB PGP 2008-10

CAT TR_NO 4610371 5130306
4110229 4620776 5130474
4120555 4661051 5130554
4140281 4661847 5130606
4170654 4670327 5130944
4200212 4670823 5140009
4210412 4671142 5140146
4310585 4673413 5150333
4310995 4710651 5150382
4311065 4740528 5150386
4410097 4740559 5150534
4510937 4740758 5150624
4510992 4760447 5150785
4530179 4760903 5160333
4540083 5110236 5160341
4540553 5110858 5160491
4540649 5111429 5170322
4540894 5111844 5170407
4550067 5112235 5170606
4550535 5112310 5170608
4550786 5112322 5170754
4550952 5112364 5180284
4551798 5112467 5180413
4560163 5120164 5180417
4560194 5120903 5190004
4560366 5120948 5190104
4570690 5121094 5190482
4580833 5121228 5190509
4590179 5121590 5190562
4590666 5121657 5210152
4600008 5121689 5210175
4600144 5121696 5210812
4600231 5130063 5210921
4600737 5210957
5130067

5220037 5450317 6630711
5220225 5450544 6700210
5220297 5450549 6700342
5220309 5450745 6710155
5230176 5460577 6710371
5230379 5470148 6710445
5230387 5470482 6730365
5240208 5471284 6740148
5240463 5480240 6740177
5240495 5480469 6750069
5240720 5480756 6750818
5240788 5520838 6751453
5241059 5620612 6751489
5241278 5650012 6760251
5250008 5660373 6760444
5250143 5660530 6760976
5250241 5680364 6840270
5250410 5700301 6920406
5250484 5760077 7110432
5250522 5760122 7210108
5250572 5770501 7210329
5260244 6210716 7210355
5260380 6220439 7210379
5260569 6230149 7210983
5260664 6230616 7220304
5260777 6260511 7221165
5260786 6290619 7230008
5260895 6290844 7240396
5270181 6530197 7340520
5280142 6530434 7420345
5280346 6540578 7420517
5280365 6550463 7430616
5280469 6550494 7460191
5280926 6560173 7470186
5281161 6620209 7500237
5281196 6620263 7500289
5290183 6621029 8110009
5290213 6630511 8110138
5440641 6630652 8110574

8111144 8420380 9330474
8111373 8420783 9340556
8111736 8450159 9350316
8111856 8450478 9360809
8120471 9130241 9370228
8120728 9130580 9390393
8121052 9130637 9400153
8121184 9140165 9400225
8131139 9140202 9400502
8131144 9140513 9420153
8140586 9140648 9420870
8150289 9180173 9430112
8150886 9200152 9430694
8151107 9200169 9450095
8151206 9200217 9450559
8151713 9200260 9460283
8151727 9200929 9460288
8160717 9220508 9470697
8160974 9230102 9510203
8161156 9240492 9520767
8161319 9240746 9530256
8161491 9280006 9550028
8170226 9280099 9570501
8170382 9280642 9590710
8170414 9281146 9650013
8171095 9300737 9650348
8310514 9310177
8321804 9320144

After CAT, it is RAT at IIM, Bangalore

Test aimed at strengthening research programme; scholars to be paid more





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It will make the job of candidates and the institute simple

Engineers, science, arts postgraduates are eligible


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In an attempt to strengthen its research programme, the Indian Institute of Management-Bangalore (IIM-B) is all set to introduce the Research Aptitude Test (RAT) for its fellowship programme in management on the lines of the Common Admission Test (CAT) amid plans to double its intake, increase the stipend and attract more corporate sponsorships for doctoral fellows.

In an attempt to strengthen its research programme, IIM-B will conduct RAT, which will be modelled along the lines of CAT in terms of content and format, and the subsequent interviews are scheduled to be conducted on April 10 and April 11.

Previously students had to write the CAT, GRE or G-MAT and these scores were mandatory.

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