Ads in Samaja by Institute of Physics and IED (Institute of Entrepreneurship Development) School of Management (ISMT)

The Institute of Entrepreneurship Development is located at Plot No. 123, Sector-A, Zone-A, Mancheswar Industrial. Estate, Bhubaneshwar (Orissa). It is established by the Government of Orissa, but assisted by Ministry of Micro, Small and Medium Enterprises of the Government of India. The education wing of IED, IED School of management (ISMT), is offering MBA from 2008-09 and the ad is about that program.

 

April 15th, 2008

HDF (Human Development Foundation) making a B-School with difference

The Chairman of HDF is Dr. Dhanada Mishra, Ph.D in Civil Engineering from University of Michigan, Ann Arbor. Among other credentials, Dhanada is the state coordinator of Pratham, an AID Saathi, SEEDs board member and a decent human being. He is the Chairman of the Human Development Foundation (HDF), which is in the process of establishing a business school with difference. With him at the helm of the HDF School of management, HDF’s vision of "an empowered and proactive community enriched by quality human resources" and mission of "facilitating a participatory movement to strengthen development initiatives by promotion of quality human resources and encouragement of shared leadership", and with Dhanada as the chairman of the board of trustees of HDF, I think this B-School will not only be a top-notch B-School in the country but will also be a B-School with difference. To understand what I mean by a B-school with difference, let me copy and past the Chairman’s message below.

Dear prospective students;

Welcome to HDF School of Management!

As you consider your choices for higher education in Management Studies, I would like you ponder for a moment about the kind of institution that you would like to spend two precious years of your life in. As you look at the options I am sure you will realise that you are faced with two very stark choices. On one hand you have public sector institutions offering programs at affordable costs to students selected in highly competitive admission process. It is no doubt that some of these institutions are world-class. Unfortunately, most of the public sector institutions provide poor environment for overall growth of the individual in the sense that they lack the entrepreneurial spirit which is reflected in weak placement effort, lack of up-to-date curriculum, weak industry linkage and so on. These aspects are more pro-actively addressed by the second group of growing number of institutions promoted by edupreneurs in the last one and half decade. However, it may not be an exaggeration to say that most of these second set of institutions are characterised by high fees, unethical commercialisation, lack of transparency and poor quality.

In the above scenario, Human Development Foundation (HDF) is making an attempt to create a third alternative where the best characteristics of public and self-financed education can be offered to the students. The Foundation itself is based on the deep concern of a set of individuals for the over-all development of the society through creation of high quality and ethical human resource to tackle our myriad problems. The School of Management is but one of the several ventures to offer students high quality education at a modest fee. It is driven by highly qualified and motivated faculty. It provides opportunity to students for exposure to social sector development projects for hands-on feel for one’s responsibility towards society beyond career aspirations. Thus, it aims to create a balanced, competent and wholesome individual equipped with the best tools of the trade, ready to engage with the society be it through the corporate sector or through the development sector.
The vision of the foundation, ‘an empowered and pro-active community’, can only be achieved by creation of high quality human resource on a scale matching the enormity of our future needs. We believe that through our passion for this vision, hard work, team effort and dedication we will create an environment where you can achieve your true potential as a management professional of highest caliber ready to take on the world.

I look forward to meeting you in near future.

Dhanada Kanta Mishra, Ph. D. (University of Michigan, Ann Arbor)

1 comment April 5th, 2008

ASBM to offer PG courses in investment portfolio

Following is an excerpt from a report in New Indian Express.

Leading business weekly ‘Dalal Street Investment Journal’ (DSIJ) has zeroed in on city-based Asian School of Business Management to launch a post-graduate programme in investment portfolio management, the first of its kind in the country.

The journal, owned by Ramdeo Media Enterprises, will provide the course content and other expertise. ASBM … Both the organisations signed an MoU on Thursday to launch the course. It would first be offered in ASBM’s upcoming Hyderabad campus and later on here.

… the magazine had approached ASBM to leverage on its core strength and run the programme which would eventually meet the increasing demand for qualified professionals in the expanding equity market. A recent report by the journal had, in fact, highlighted the acute shortage of managers in handling the swelling base of investment portfolio.

Signing the agreement, director (marketing) Deepak Jhangiani too highlighted the manifold growth of the investment community in the country which has expanded to the tune of 3.2 million within a short period.

As per prediction, about 1,000 mutual fund companies are expected to come up in the subcontinent. The course will stretch over 18 months and have six months of internship programme in investment firms.

April 4th, 2008

Excerpts of Interview of XIMB director in Pagalguy

Following is an excerpt from http://www.pagalguy.com/index.php?categoryid=51&p2_articleid=1224.

What are the top 3 advantages of XIMB’s MBA programme that no other business school in the same league offers?

The top 3 advantages are:

a) Higher Industry Interaction and Corporate Linkages for the XIMB students by using platforms such as Immersion Courses, CEO Talks, etc. The Immersion Courses are specific course modules which are delivered by top Industry experts within a short span of 1-2 days while CEO talks are a series of seminars with top CEOs of the country and beyond.

b) Rigorous and intensive course curriculum which is highly adaptive and consistently upgraded and is extremely compatible with the industry needs and therefore provides the highest degree of relevance for study of the students and turns them into industry ready management professionals. Further, Technology intensive facilities like VSAT and Video Conferencing Platforms are used in order to augment learning process of the students.

c) Thrust and focus on establishing and maintaining high ethical standards in business and professional life and ensuring social sensitivity for the underdeveloped sections of the society and being a professional manager with a “Human Face”.

What were the XAT cutoffs at XIMB for the 2005 and 2006 PGP and PGPRM admissions? How does XIMB use sectional cutoffs for short listing candidates?

The XAT cutoffs at XIMB for PGP programme in 2005 and 2006 were 87.45 and 91.74 percentile respectively. PGPRM admissions are conducted through IRMA Entrance Test. For the year 2005 and 2006, IRMA has not released the cutoff marks. XIMB has an Admissions Committee comprising of Senior Faculty Members which every year scrutinizes analyses and then sets sectional cutoffs for short listing candidates as it relevant and necessary for that year.

How much is the quota for Orissa domicile students at XIMB and what is the XAT cutoff for this category?

The Institute gives some preference to domicile candidates to fulfill its social contract with the State of Orissa. The XAT cut off was close to 90 percentile for the domicile candidates for this year.

How would you address the concerns of a non-Orissa candidate with an admission offer about the dilution in batch quality due to the quota?

There is no dilution in standards of intake. The learning process imparts very high value and outcome is evident when 100 pc placements are achieved on Day-1 itself. Some domicile students who graduate from here do secure top 10 positions in the merit list.

How many full time faculty members does XIMB have? How does XIMB retain its best faculty?

XIMB has 47 full time faculty members. XIMB retains them by providing them the best compensation packages seen in India today, providing financial incentives for publications, paper presentations and other research work. Apart from that XIMB provides an excellent Quality of Life for them and their families on campus as well as supports them financially and institutionally for their PhD work, Research, and Consultancy as well as for undertaking Training and Development Programmes.

What are the pros and cons of being located in a relatively less-developed state like Orissa?

XIMB is located in Bhubaneswar, the capital city of Orissa. Bhubaneswar is extremely well connected by airlines, railways and Highways. Apart from that many IT majors like Infosys, Satyam, etc. as well as manufacturing entities like POSCO, Vedanta, NALCO, etc. are based out of Bhubaneswar. Bhubaneswar is considered to be one of the most rapidly developing cities in India. Therefore, there is no negatives but rather the presence of such high concentration of corporates makes Bhubaneswar and extremely viable and beneficial place for an institution like XIMB to grow.

What are the top 3 value propositions of studying Rural Management in XIMB as opposed to dedicated rural management schools like IRMA?

The top 3 value propositions are:

a) In Orissa, where more than 47 pc of people live Below the Poverty Line, the value of a Rural Management programme is highly relevant and necessary.

b) The practical and experiential aspect conducted in the PGPRM programme which is known as RLLE (Rural Living and Learning Experience) is extremely productive and highly acclaimed in the social sector.

c) CENDERET (Centre for Development Research & Training) is the social wing of XIMB which has pioneered and implemented successfully hundreds of social development programmes in the state of Orissa over the past decade. This on-campus exposure for the Rural Management students with CENDERET provides a practical basis for their learning which is unparalleled in any other organization across India.

How have the placement patterns evolved in PGPRM over the last two years?

Placements have evolved in PGPRM over the last two years in the following manner;
a) Number of placement offers has gone up from 68 in 2007 to 75 in 2008.
b) The mean salary has risen from 5.10 lakhs per annum in 2007 to 6.01 lakhs per annum in 2008.
c) The median salary has risen from 4.60 lakhs per annum in 2007 to 5.85 lakhs per annum in 2008.
d) The minimum salary has risen from 2.40 lakhs per annum in 2007 to 4.50 lakhs per annum in 2008.
e) The maximum salary has risen from 8.00 lakhs per annum in 2007 to 8.50 lakhs per annum in 2008.

Comments (1)

avatar byzantine – March 23, 2008 Its ironical how XIMB’s standards with reference to the domicile quota system get questioned time and again while other institutes which consistently get ranked above XIMB get away with even more reservation for local candidates (think delhi). And for the record, there are 5 students in the top-10 from the PGP class of 2008 who are Orissa domiciled (That includes the topper). Some of the best jobs on campus have gone to Oriyas as well. As a student who is about to graduate out of this wonderful place, I am yet to meet someone who I think doesn’t deserve to belong here. In a nutshell, although there is a small quota here, the gap in quality between the general candidates and the so called "reservation" candidates is next to negligible.

And by the way, I am not an Orissa domiciled student, so rest assured, this is an impartial view.

5 comments March 23rd, 2008

Partial list of “in progress (under consideration at AICTE)” MBA/MCA/etc. Colleges in Orissa

The following is from http://www.aicte.ernet.in/download/NewCollege/list.doc downloaded on January 26th 2008. These are colleges that have applied to AICTE for an LOI and AICTE has listed them for some clarifications. There may be other colleges which are also in progress and AICTE has already issued LOI to them.

Continue Reading 5 comments January 27th, 2008

The current list of engineering/MBA/MCA colleges in Orissa.

The following list is from http://www.aicte.ernet.in/app_inst_new.htm downloaded on January 26th 2008.

Continue Reading January 27th, 2008

Prof. Srikant Patnaik, formerly of UCE Burla and Fakir Mohan University starts a management college: ad in Samaja

Update: The institute home page is at http://www.interscience.in/.

January 22nd, 2008

Centre of Excellence in Logistics in Bhubaneswar

Following is an excerpt from a report in the New Indian Express.

BHUBANESWAR: City-based Asian School of Business Management (ASBM) and logistics giant Gati have joined hands to set up a centre of excellence in logistics and supply chain management here, arguably the first in the country.

It will be exclusively devoted to carrying out high-end applied research in developing best practices in global supply chain management and enhance quality of delivery mechanism. The centre would go into operation shortly on the ABSM campus.

The institute would be infusing Rs 1 crore for the centre over a period of three years and Gati about Rs 20 lakh. With some of the best brains in the field working here, it would also be offering expertise and consulting work in the country and abroad.

January 18th, 2008

AICTE approval for increasing the number of students in Rural Management Course in KIIT

Business Standard has a nice article on Kalinga School of Rural Management. Following are some excerpts.

Unlike IRMA, which offers a two-year Post Graduate diploma in Rural Management, KSRM will be able to award an MBA in Rural Management to the first batch of 72 students passing out in 2009 owing to its deemed university status.

The institute has also received the All India Council for Technical Education (AICTE) approval for increasing the number of students from 74 to 100-120 for the second batch of students in 2008.

LK Vaswani, who taught at IRMA for 16 years and is now the director of KSRM, says the new institute retains the IRMA model of building and sustaining a partnership between rural people and committed professional managers.

But according to Vaswani, a key element that separates IRMA from KRSM, is the lack of inhibition towards its students choosing to work with the private sector.


“KSRM has decided to avoid taking a sectoral association. We do not believe in having any inhibitions towards the corporate sector considering more and more of them are entering the development sector. In fact, we are associated with the private sector where our students can have hands-on experience in agri-business, Corporate Social Responsibility (CSR), NGO management, finance and the like,” says Vaswani.

He added that in terms of on-the-field education or experiential learning, the institute hopes to surpass all other rural management schools.

For starters, the institute will hold live field training modules for a duration of 12 weeks which will be conducted thrice a year. The first batch of 72 students from 16 states will be asked to go back to their own states and adopt a village where they will work at the grassroot level. Students will also work with KIIT’s tribal school which has 3,000 children studying in its campus.

While IRMA, the Indian Institutes of Management (IIMs) and other top B-schools face a shortage of faculty, KSRM officials say it does not worry them.

Along with seven core rural management faculty members, three of whom are from IRMA, Vaswani says faculty from the KIIT university’s other institutes like school of law, school of management, school of technology, school of social sciences etc. contribute to almost 50 per cent of the teaching load, making it a very healthy student-faculty ratio. Around 15 rural management faculty will be inducted in 2008.


The institute has proposed an academic collaboration with the Department of Science and Technology (DST) to ensure the participation of its students in the government’s ‘Science for Society’ programme in partnership with over 40 NGOs.

December 26th, 2007

IMIS Bhubaneswar to have PG course in retail management

Following is an excerpt from a report in Business Standard. (Thanks to Deba Nayak for the pointer.)

The Retailers Association of India (RAI) has selected NSHM Knowledge Campus Kolkata and Durgapur and IMIS in Bhubaneswar in eastern region to offer the 18-month post graduate programme in retail management (PGPRM).

NSHM’s campuses in Kolkata and Durgapur, and IMIS, Bhubaneswar are three of the 15 B-schools chosen by RAI for the PGPRM programme.

RAI has also introduced the Common Admission Retail Test (CART) to screen candidates interested to pursue the PGPRM course.

According to Gibson G Vedamani, CEO of RAI, “The objective of the PGPRM programme is to provide students with a high level of knowledge and understanding of the concepts and processes involved in retailing. The course will also equip them with the operational and analytical skills necessary for a [professional career in the retail sector. CART will ensure that we get the best of talents.”

The CART exam will be conducted at over 25 centres in India on January 27.

IIM-Indore has joined hands with RAI to develop the course content and teaching methodology. The 18-month PGPRM course costs close to Rs 4 lakhs.

14 comments December 20th, 2007

Business World 2007 B-School rankings

As per MBA Universe following is the top 15.

# 1       Indian Institute of Management, Ahmedabad                            

# 2       Indian Institute of Management, Kolkata

# 3       Xavier Labour Relations Institute, Jamshedpur

# 4       Indian Institute of Management, Kozhikode

# 5       Management Development Institute, Gurgaon

# 6       Faculty of Management Studies, Delhi

# 7       Indian Institute of Management, Lucknow

# 8       National Institute of Industrial Engineering, Mumbai

# 9       SP Jain Institute of Management & Research, Mumbai

# 10     Indian Institute of Management, Indore

# 11     Indian Institute of Foreign Trade, Delhi

# 12     Narsee Monjee Institute of Management Studies, Mumbai

# 13     Institute of Management Technology, Ghaziabad

# 14     Xavier Institute of Management, Bhubneshwar

# 15     Alliance Business Academy, Bangalore

 

7 comments December 19th, 2007

IGNOU admission ad in Samaja for its management programs; study centers across Orissa

1 comment December 3rd, 2007

Business India B-School ranking

The following is from http://www.mbauniverse.com/innerPage.php?id=ne&pageId=660

                       Business India B-school Ranking 2007
Rank
Institute
City
1.
IIM Ahmedabad
Ahmedabad
2.
IIM Bangalore
Bangalore
3.
IIM Calcutta
Calcutta
4.
Indian School of Business
Hyderabad
5.
IIM Lucknow
Lucknow
6.
XLRI
Jamshedpur
7.
MDI Gurgaon
Gurgaon
8.
ICFAI Business School
Hyderabad
9.
SP Jain Inst. of Management
Mumbai
10.
IMT Ghaziabad
Ghaziabad
11.
Faculty of Management Studies
Delhi
12.
NITIE
Mumbai
13.
NMIMS University
Mumbai
14.
International Management Institute
Delhi
15.
Jamnalal Bajaj Inst. of Management
Mumbai
16.
Xavier Institute of Management
Bhubaneswar
17.
Indian Institute of Foreign Trade
New Delhi
18.
SCMHRD
Pune
19.
Welingkar Institute
Mumbai
20.
LBSIM
New Delhi
Source: Business India, October 21, 2007

 

78 comments October 20th, 2007

Apeejay Surrendra Group interested in setting up a research and design centre and a Knowledge Park in Bhubaneswar

Following is an excerpt from a Kalinga Times report on this.

The Apeejay Surrendra Group has also expressed its willingness to set up a research and design centre and a Knowledge Park at Bhubaneswar, the government said.

The Knowledge Park would have a school as well as higher education on subjects such as business management, hotel management, fashion designing, food technology, and nutrition science and nautical science.

October 12th, 2007

IIM act in the offing

Following are excerpts from a Hindustan Times report on this.

The government on Thursday said it was formulating a law to empower the premium Indian Institutes of Management (IIMs) to offer degrees like universities without curtailing their autonomy.

"The government has been examining the issue of bringing the IIMs in the country under an umbrella legislation like the Institutes of Technology Act. It will empower the IIMs to award degrees to students, which they are not competent to do at present," the human resource development (HRD) ministry said in a statement.

"It may be clarified that bringing the IIMs under the ambit of a central law will in no way alter their accountability to parliament or their status of being public institutions," it said.

India has six IIMs at Ahmedabad, Kolkata, Bangalore, Lucknow, Khozhikode and Indore, providing industry-oriented postgraduate diplomas and executive certificate programmes.

…Though the IIMs at Ahmedabad, Kolkata and Bangalore are not dependent on government funds for their day-to-day operational expenses, it does not compromise their status of being public institutions. However, it is being proposed that funds be given to them for future expansion.

September 27th, 2007

Tourism management in RCMS: ad in Samaja

September 26th, 2007

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