Business Schools News

News »

{tab= B – School Changes in CAT}

Premier B – schools planning changes in CAT

New Delhi, ( PTI ): With students from engineering background dominating management programs in IIMs, the premier B – schools are planning some changes in the Common Admission Test to ensure a broad – based representation.

“Efforts are on to have a relook at the Common Admission Test ( CAT )…some changes that will be helpful for people from other discipline,” said CAT 2012 convenor and professor at IIM Kozikode S S S Kumar. He, however, refused to divulge details saying the plan is still at the drawing board stage and deliberations are underway.

Talking to reporters here, he said over 67 per cent ( over 1.44 lakh ) of the candidates appearing for the ongoing the CAT this year are from engineering discipline. Total number of candidates registered for CAT are 2,14,068.

IIM Kozhikode director Debashis Chatterjee said the aim is to have a broad-based talent of human pool across disciplines and the best minds.

Managing director of Prometric India Soumitra Roy which is partnering with IIMs in holding the test said by the end of today over 36,000 candidates would have appeared for the test, being held in a staggered manner till November 6.

The registration this year for the CAT test has also thrown in some interesting trend.

Close to 17,000 students appearing this year have come with two to three year experience. Percentage of candidates coming from agriculture and architecture background have also increased.

However, candidates appearing from Humanities stream have dropped from 3,780 last year to 3,404 this year.

There are 486 doctors sitting for the CAT this year as compared to 566.

The category – wise registration also reveals a notable participation from non-creamy OBC category which is 17.3 per cent, SC at five per cent and ST at 7.4 per cent.

Maharashtra has the highest number of registered candidates at 31,040 followed by Uttar Pradesh at 25, 270 and Delhi at 21,507. However, the figures are based on a candidate’s residing address, Kumar said.

Asked about some disruption in a centre during the test, Roy said they have a robust infrastructure in place to identify and resolve issues as they surface causing minimum inconvenience to the candidates.

{tab=India – Pakistan business Schools}

India – Pakistan Business Schools to commence Joint Executive Management programme

The Indian School of Business ( ISB ) and Institute of Business Administration ( IBA ), Karachi announced the commencement of their first joint executive education programme in Pakistan on Tuesday. The programme titled ‘leadership skills for top management’ is currently underway in Karachi. This initiative is an outcome of the MoU signed between ISB and IBA, Karachi on 13th April, 2012, aimed at bringing world – class executive education programmes to Pakistan.

‘Leadership skills for top management’ ( LSTM ) is the first among the planned series of programmes aimed at the business leaders in Pakistan. It has been specially designed to help CEOs, business heads and government officials to hone their leadership skills and drive growth through exceptional performance in a challenging and ever-evolving global market. LSTM is among ISB’s most successful executive education programmes in India, having been delivered to more than 1,000 senior leaders in the last 11 years, a press statement stated.

Announcing the programme, Deepak Chandra, deputy dean, ISB said : “We are delighted to announce the commencement of our first executive education programme in Pakistan in association with IBA. As Asia rises into global economic prominence, it is critical that countries in the region and the business leaders seize the opportunity. We are confident that the ISB’s strong international linkages and understanding of emerging economies will help in grooming high – performing business leaders and policy makers from Pakistan and equip them with global best practices that will enable them to lead the country in its next phase of growth.”

Dr Ishrat Husain, dean and director, IBA said: “Pakistan can benefit immensely from its proximity to India which has established world class institutions of higher learning. The collaboration with the ISB will expose the Pakistani corporate managers to leading scholars and practitioners from the world and help in acquiring new knowledge and tools. Hopefully, this exposure will equip them to play a critical leadership role in the future.”

The program has been well received by Pakistani business leaders from both industry and the government. Participants include directors, CEOs and senior leaders from industries including banking and financial institutes, pharmaceuticals, oil and gas, infrastructure development, power, MNCs, agribusiness as well as government functionaries.

According to a programme participant Mir S Talpur, general manager, operations, Pakistan State Oil, “I am excited about being part of first – of – its – kind program in Pakistan. With the increased economic growth and opportunities, business leaders like us are required to return to the classrooms and continually re – learn, refresh and re – asses various aspects of leadership and strategy.”

All the forthcoming programmes planned under the ISB – IBA partnership will draw from ISB’s network of faculty from around the world and share cutting – edge insights on various themes such as family business, entrepreneurship, business leadership, strategy and related areas.

This programme marks another milestone for the ISB’s Centre of Executive Education ( CEE ), which has reinforced its position as one of the largest providers of executive education in Asia. Following its recent partnerships in Pakistan, Oman and Sri Lanka, CEE plans to further expand in the region to strengthen its mission of becoming a knowledge partner for the industry and catering to the business leadership needs of emerging markets.

In line with IBA’s objective to be ranked among the top 10 Business Schools in South Asia and top 100 in the world, the Center of Executive Education ( CEE ) at IBA is collaborating with world’s leading business schools. This programme with ISB is in line with that objective. The CEE plans to bring cutting – edge research – driven management learning for top and senior management, which is relevant and applicable in the Pakistani context

{tab=B – schools admission process}

Leading B – schools announce admission process for 2013 – 2015

The season for management entrance exams is on and aspirants are busy in taking the most coveted CAT exam. The CMAT ( Common Admission Test ) held by the AICTE and NMAT ( NMIMS Management Aptitude Test ) conducted by Narsee Monjee Institute of Management Studies ( NMIMS ), Mumbai are already over. In sequence to our earlier article Gear up for upcoming MBA entrance exams we are providing here a list of other reputed B – schools that have announced their admission process for the year 2013 – 2015.

IFIM Business School, Bangalore

IFIM Business School, Bangalore has opened admission process for its programs – PGDM IB, PGDM and PGDM finance for the year 2013 – 2015. Institute will accept CAT 2012, CMAT 2012 – 2013, XAT 2013, MAT 2012 – 2013 and IIFT 2012 scores for admissions. Admission process will have 2 rounds – group discussion and personal interview. The registration fee is ₹ 1100. Aspirants can register both offline and online.

BIMTECH Greater Noida and Bhubaneswar

BIMTECH ( Birla Institute of Management Technology ) Greater Noida and Bhubaneswar are inviting applications for admission to the academic session 2013 – 2015. BIMTECH Greater Noida offers PGDM, PGDM ( IB ), PGDM ( retail management ) PGDM ( insurance business management ) and PGDM ( sustainable development practices ) courses. BIMTECH Bhubaneswar campus offers PGDM in addition to the above programs.

Applicants must have an undergraduate degree from a recognized institute in any stream with atleast 50% marks on an aggregate. Final year students can also apply.

Final selection will be based on the marks secured in XAT 2013, MAT 2012 – 2013 and CAT 2012 and GD – PI. The registration process has begun from September 15 and will end on December 31, 2012. Te registration fee for applying online using credit card is ₹ 1850. Candidates can also obtain application form in person from BIMTECH admission office or selected Axis Bank branches by paying ₹ 1800.

LBSIM, New Delhi

Admissions are open for PGDM-finance and PGDM programs for the session 2013 – 2015 at Lal Bahadur Shastri Institute of Management, New Delhi.

Applicants must hold a 3 – year bachelor degree or equivalent in any stream from AICTE recognized institutes. Final year students are also eligible to apply. Institute will accept CAT 2012 scores for admissions.

The registration process opened on September 24 and will close on December 10, 2012. Candidates can apply online with a fee of ₹ 1875.

BULMIM, New Delhi

Bharatiya Vidya Bhavan’s Usha & Lakshmi Mittal Institute of Management, New Delhi, is inviting applications for PGDM program for the academic year 2013 – 2015.

Aspirants must hold a 3 – year bachelor degree with a minimum of 50% marks or equivalent CGPA in any stream from a UGC or AICTE recognized institute. Students appearing for final year exam in 2013 can also apply.

The last date to apply is November 24, 2012. The registration fee is ₹ 1100.

TAPMI Manipal

TAPMI Manipal is inviting application forms for admission to PGDM and PGDM Healthcare programs. Institute will use XAT 2013, CAT 2012 and MAT September and December 2012 scores for admissions.

Candidates must hold an undergraduate degree in any stream from an AIU recognized university with atleast 50% marks. Final year students are eligible to apply. The registration fee is ₹ 1500 and last date to apply is January 15, 2013.

Alliance School of Business, Bangalore

Admissions are open for Alliance School of Business, Bangalore for the session 2013 – 2015. School will use XAT 2013, MAT 2012, ATMA 2012 and CAT 2012 scores for admissions. Applicants should have a bachelor degree from a recognized university with atleast 50% marks. The registration fee is ₹ 1000. Registration process will close on January 13, 2013.

Selection will be based on the scores obtained in MBA entrance exams, GD, extempore and PI. Weightage will be given to extracurricular activities, past performance in academics and overall performance.

Institute of Management, NIRMA University, Ahmedabad

AMNU Ahmedabad has announced admission process for the year 2013 – 2015. University will accept CAT 2012 scores. Applicants must hold a bachelor degree from a recognized university with atleast 50% marks or an equivalent CGPA.

The registrations will close on December 30, 2012. The registration fee is ₹ 1500.

Fore School of Management

The registration process is going on at Fore School of Management, New Delhi for admission to PGDM and PGDM ( IB ). Institute will accept CAT 2012 scores for admissions.

Applicants should have a bachelor degree from a recognized university in any stream with atleast 50% marks. Final year students can also apply. The registrations will close on November 12, 2012. Candidates can apply both online as well as offline. The online registration fee is ₹ 1650 while for offline mode it is ₹ 2000.

LIBA Chennai

Loyola Institute of Business Administration Chennai is inviting applications for full time MBA program for the year 2013 – 2015. Institute will use XAT 2013 and CAT 2012 scores for admissions.

Applicants must have a bachelor degree in any stream from a recognized university with a first division in Class 10, 12 and graduation.

Application submission deadline is February 2, 2013 and registration fee is ₹ 1250. Selection will be based on GD and PI to be conducted in Delhi, Bangalore, Hyderabad, Chennai, Mumbai and Kolkata.

List of B – schools and their application deadlines :

Board Examination Details of JEE Main 2016
State of Eligibility Select As per State of Eligibility
Select the State, your School / College / NIOS Study Centre located from where class 12th / Qualifying Examination passed / appearing Select Not applicable for the candidates belonging to Nepal / Bhutan / Foreign / OCI / PIO
Select State mentioned on your passport
Select Applicable only if the candidate has passed class 12th from outside India and do not belongs to Nepal / Bhutan / Foreign / OCI / PIO
Board NameSelect The candidates belonging to Nepal / Bhutan / Foreign / OCI / PIO should select other
Year of Passing or Appearing Class 12th / Qualifying Examination SelectThe candidates appearing in improvement examination of class 12th in 2016 should select the year 2016. The candidates passed class 12th in 2014 and appeared for improvement in 2015 in five subjects should select the year in which their performance is better.
Roll No. of Class 12th / Qualifying Examination
SelectThe candidates appearing in class 12th Examination or improvement examination in 2016 need not to enter any roll number. At the time of downloading admit card of JEE ( Main ) they will have to enter the roll number of class 12th.

{tab=Health Management Course}

Leading B – Schools introduce Courses in Health Care Management

The demand of doctors with business wisdom is on high and this has led leading B – Schools and other educational institutes to introduce courses in health care management. Nowadays, more doctors are opting for management degrees after completing MBBS.

ISB has associated with Wharton School of Management to commence a health care research center. Majority of participants in this program are medicos aspiring for managerial profiles. The course includes electives in health care and a specialization in management field such as marketing, strategy, product and finance management.

Among IIMs, IIM – Ahmadabad’s doctoral program offers electives in health management and public health policy. There has been a gradual shift in the number of students opting for health care management courses at PhD level in past few years. Around 20 students out of 350 from each batch opt for health care elective.

Other premier educational institutes offering specialized courses in health care management include Symbiosis Institute of Health Sciences, Pune; Tata Institute of Social Sciences, Mumbai; and Indian Institute of Health Management and Research. Moreover, from this year onwards ISB has decided to give preference to candidates from sectors such as health care and pharmaceuticals for its 50% of its total Scholarships to increase the diversity in class.

There has been a tremendous increase in the demand of doctors with expertise in management field with the growth of biotech, health care, medical equipment and pharmaceutical industries. Medicos who aspire for alternative career avenues in other sectors get insight to brand safety, product management, marketing and finance, labor laws, people skills and strategies through these courses.

Firms in biotech, pharmaceuticals and medical equipment prefer to hire medical practitioners with management skills. Another reason for the surge in demand of medicos with business expertise is the rapid growth of health care industry and establishment of hospital chains which are complex to operate. A doctor equipped with managerial skills has a wider viewpoint and is aware of the best methods to be used in the industry. The health care industry is expected to rise from the current $65 billion to $100 billion by 2015.

As the sector is growing at a faster pace, medicos who fail to pursue their masters due to seat limitation or high capitation fees are taking up managerial roles.

{tab=Gender Diversity}

Gender Variations in B School

The B-schools across the world are concerned about the skewed gender ratio. Not only in India, but other countries of the world are also concerned about the increasing gender gap. Middle East regions, Africa and Western Europe have less than 30% women enrolled in MAB programs.

As per the QS Top MBA Applicant Survey 2012 published last week, the ratio of women however has improved significantly from 33% in 2005 to 39% in 2012. Among 6 regions, Eastern Europe is the only one where 53.4% females are enrolled to MBA programs, higher than male (46.6%), followed by US and Canada where 47% females are enrolled.

Middle East and Africa are reported to have 29.9% females enrolled while in Western Europe it is 33.6%. In Asia-Pacific region including China and India which enroll highest number of MBA applicants, the figure stands at 36.9% while in Latin America, it is 42%.

The survey revealed that majority of males choose MBA program to become entrepreneurs, while females opt for it to have ample career opportunities. However, consulting and finance have emerged as the hot favourite for both the genders. Other sectors attracting females include consumer goods, media and advertising, charity and non-profit. In context to salary, women candidates are more keen to take up profiles that are flexible to allow them start a family. They have also shown interest in small duration programs.

{tab=Accept CAT Scores}

172 business schools to accept CAT scores

This year about 172 B – schools excluding IIMs will be accepting CAT ( Common Admission Test ) scores for admission to MBA programs. Last year, around 130 schools used CAT scores. Nearly 2.14 lakh candidates have registered for the online exam that will be held over a testing window of 21 days starting from October 11, 2012. IIM – Kozhikode is conducting CAT this year.

The number of non – IIMs accepting CAT scores has increased considerably despite of the declining number of CAT applicants since 2009. In 2011, 6 IITs, Xavier Institute of Management, Bhubaneswar and FMS – Delhi decided to use the CAT scores.

The number of CAT takers increased by 4.39% this year. In 2011, 2.05 lakh aspirants had applied for the test while 2008 witnessed the record number of registrations with 2.76 lakh applicants. However, in 2010 the figure declined to 2 lakh.

The small increase in the number of CAT applicants this year is a positive sign that B-Schools still offer an attractive future for many aspirants.

Bangalore, Delhi, Hyderabad, Mumbai and Pune are reported to be the most preferred cities as exam centers. Delhi recorded maximum number of registrations.

{tab=Hike Stipends}

B – Schools hike Stipends by 20% Despite Meltdown :

Despite fears of an uncertain economic environment, students of the Indian Institutes of Management ( IIMs ) expect a rise in stipends by 15 – 20 per cent during summer placements this year.

With leading companies showing a continued interest in hiring interns in spite of a meltdown, students are optimistic of drawing attractive offers. Nitin KV, recruitment coordinator with IIM Lucknow, said, “Besides long time recruiters, there are a lot of first timers as well. We expect that the stipends, particularly in consulting, marketing and general management sectors, will increase by 15 – 20 per cent this year.”

IIM Ahmedabad is also looking forward to a robust summer placement season. “Students are looking forward to a good summer placement as we had attractive offers during final placements in March,” a member of the student placement committee, said.

Students are also looking forward to winding up the placement season early this year by considering domestic companies over their international counterparts. “Diversity of Indian companies offering internships has increased. Students are quite inclined towards domestic companies, which offer better roles,” said Professor Kulbhushan Balooni, chairperson – placements at IIM Kozhikode.

Of late, business schools have also seen a spike in students opting for start ups over leading brands.

“Students are not tempted by salary packages now. A large chunk wants to join start ups, which offer them varied, larger roles and allow them to contribute more to the growth of the organization as compared to traditional roles offered by established companies,” said Balooni.

Demand for startups is also an indication that students are keen on taking up entrepreneurship amid slowdown. About 75 per cent students at IIM Kozhikode have expressed interest in interning at startups. In order to attract more start ups, IIM Kozhikode is not charging placement fees from these ventures.

“Students are aware of the expected low hiring in multinationals and are keen on broader roles in start ups. We have been trying to reach out to several alumni who are running their own start – ups for guidance,” said Vibhu Kapoor, coordinator, placement committee at IIM Indore.

Nessa Illumination Technologies, an Ahmedabad – based startup, which hired two students from IIM Ahmedabad for business development activities, is also in talks with IIM Kozhikode. “A lot of systems are not in place in a start up and these students can help us with marketing, an area where they can impress the clients very well,” said Akshat Khare, founder, Nessa.

The summer placement process at institutes begins in the first week of November. Xavier School of Management ( XLRI ), Jamshedpur has also seen a spurt in new sectors like ecommerce and technology this year. However, XLRI is expecting only a single digit percentage rise in stipends this year.

“Companies are a bit reserved in terms of hiring and we are not aiming at the stars this year. We do not see companies in finance sector making many offers,” said placement coordinator at XLRI.

{tab=Employability}

Employability of Management Graduates on a Decline

The allure of Indian B – Schools, barring the top 25, is fading and the employability of management graduates is on a decline, says an expert.

Recruitment avenues for management graduates are on a decline, considering the fact that the economy is growing at the lowest pace in nine years, besides the financial sector is also witnessing sluggish growth rate.

Moreover there are serious questions being asked about the quality of some B – schools ( barring the top 25 ) and their pass outs.

“The number of management schools and engineering colleges in India is somewhere around 10,000 – 12,000 and there are serious questions about the employability of the graduates coming out of some of those institutions ( barring the top 25 ),” IIT Delhi, Professor and head ( retd ) Department of Management Studies, Rajat K Baisya said on the sidelines of an event organised by Skill Tree.

In late nineties India’s management education sector saw a boom period as the number of business schools multiplied in no time. But this situation is starting to deflate as people are realising that expensive courses in these kind of schools would not guarantee them a well – paid job.

In the last five years however, the number of MBA seats in India has grown almost four fold from 94,704 in 2006 – 07 to 3,52,571 in 2011 – 12 – resulting in a five – year compounded annual growth rate of 30 per cent, but their employability rates have fallen.

According to another expert who did not wish to be named new management colleges neither have proper infrastructure nor proper faculty and their quality of education is also not as per the requirements of the industry.

According to a recent MBAUniverse.com – MeriTrac employability study 2012, which covered 2,264 MBAs from 29 cities and 100 B – Schools, beyond the Top 25, only 21 per cent are employable.

The previous study of 2007 by MeriTrac had placed employability index at 25 per cent.

{tab=Global MBA}

Weatherhead combines forces with China and India for global MBA

A new three-country MBA program will be launched in 2013, allowing students to gain knowledge from an American, Chinese and Indian business school. The three participating schools, the Weatherhead School of Management at Case Western University, in Cleveland in the US, the School of Economics and Management at Tongji University, in Shanghai in China, and Xavier Labour Relations Institute, in Jamshedpur in India, will start by enrolling 20 students each for this full-time MBA program.

All students will study together and spend a semester at each school. MBA degrees will be awarded from the respective home institution. With this initiative Weatherhead School of Management joins ranks with a handful of other high-profile multi-campus programmes like the ones from Insead, Hult International Business School and SP Jain School of Global Management. UCLA Anderson MBA self-sufficiency plan halted.

The attempt by the UCLA Anderson School of Management to forgo state funding for its full-time MBA program and become financially self-supporting didn’t get its necessary approval and has been stalled. The Coordinating Committee on Graduate Affairs of the University of California Academic Senate voted against the proposal, blocking the way for Anderson to join other public business schools in North America that have achieved self-suffiency like the University of Virginia’s Darden School of Business. New one-year MBA program.

The University of Rochester’s Simon Graduate School of Business plans to launch a new one-year MBA programme as well as two new specialized degree programmes – in business analytics and pricing. Enrolment for the first part-time class will begin in autumn 2012, and the first full-time class is expected to start in autumn 2013.
Boost for research and teaching

The USC Marshall School of Business recently hired 12 new professors for subjects such as accounting, marketing, finance, and business economics and management communication considerably boosting its research and teaching capabilities.
The Michael Jackson MBA

The Clark Atlanta University announced a rather unusual MBA course called “Michael Jackson: The Business of Music”. The course will cover the entertainer’s negotiations, deals, merchandising, real estate, and film projects and is directed at aspiring managers in the music industry.
Drop in applications for MBA programmes with ties to finance industry

Job cuts on Wall Street have also hit some MBA programmes that work closely with the finance industry. The announcements of job losses by Morgan Stanley, Credit Suisse and UBS have been reflected in the number of applications received by Columbia Business School and New York University’s Stern School of Business. Both schools reported a considerable drop in applications: 19 per cent for Columbia Business School and a decline of nearly 12 per cent for Stern.

{tab= IGNOU with FDI}

FDI in multi brand retail to increase demand of retail courses

With Indian government allowing 51% FDI ( foreign direct investment ) in multi brand retail, the demand of retail courses is expected to increase. The experts believe that it would also increase job opportunities in retail industry. Additional 40,000 to 50,000 jobs would be created in India which would force institutes to offer courses in retail.

Presently courses such as supply chain management, retail management, apparel retail management and visual merchandising are offered by the institutes. The program fee varies between Rs 30,000 for a distance learning course to ₹ 4 lakh for a full time MBA course in supply chain management. Majority of these programs are recognized by IGNOU ( Indira Gandhi National Open University ) and are available at both undergraduate and post graduate levels.

Some of the institutes offering these courses include Welingkar Institute of Management Development & Research, the Synthetic & Art Silk Mills’ Research Association, Retail Association of India, NIIT Imperia, Birla Institute of Management Technology and Indian Retail School. Students graduating in these courses are placed at big retail houses.

Even companies are offering retail courses. For instance, Future Group has the Future Innoversity where courses such as BBA in retail services, supply chain and retail management are offered. However candidates should check the course duration, placement records and fee structure before choosing an institute.

Sources from RAI expressed that the country has sufficient number of retail courses. The need of the hour is to tweak them as per the current industry requirements. The curriculum needs to be modified to fulfill the industry demands. Further the students having keen interest in retail can expect an exciting future in coming days.

{tab=B School Tier II}

Tier Two B Schools

A rise in management education sector in India that witnessed the number of B Schools triple to nearly 4000 over the past 5 years has come to an end as students deducted that expensive management programs do not guarantee a well-paid job in a gloomy economy. India’s apparently inexorable economic growth, the desire of middle class student to be recognized in a competitive job market and an attractive opportunity for investors inflated business education sector that has now started to decline.

As per a report by ratings agency CRISIL, around 140 B – schools offering MBA ( Master of Business Administration ) programs are likely to be shut down this year, as 35% of their seats went vacant in 2011 – 12 which is 15 – 20% more than that in 2006 – 07. Only 29% of management graduates in India except those from the leading B-schools get a job just after completing their management course against 41% in 2008.

Some students expressed that the business schools promote their brands only on placement and by boasting about high salaries. They offer theoretical courses which lacks practical skills required by the corporate sector today. Private education is a huge business in India. KPMG has invested about $50 billion in private education sector and expects to reach $115 billion by 2018. But development rates vary across primary, secondary and tertiary education sectors. Before the economic crisis, new B – Schools were mushrooming in large numbers.

MBA courses have two streams. The first strand includes the schools which are approved by AICTE and offer MBA degrees. These institutes must be affiliated to a university, should have a maximum of 120 students and fee is decided by state governments. The second stream includes the colleges that offer diplomas that are not recognized by AICTE. They have no uniform curriculums, fees are mostly higher and batch size is also big. A college can offer both accredited and non-accredited MBA courses.

About ₹ 40 – 50 million is required to set up a B – School with classrooms, a computer lab and a small library in a city such as Pune. When demand was more than supply, students were ready to pay high fee for autonomous courses that were more industry oriented and gave them an extra edge in the job market. Now some colleges are closing their autonomous courses as they do not guarantee a job and students prefer to choose cheaper AICTE approved programs.

Some tier-II B-schools fill seats by running various prize schemes for the existing students such as cash prize on referring other students. Some institutes hire agents and pay them hefty commissions of upto ₹ 50,000 for every student they admit. Nowadays students are not concerned about the quality of education in an institute, they only want to know the placement and salary statistics and discounts offered on the fee structure. This has spoiled the entire education system.

Premier institutes still lure students despite high fee as they have a brand image and recruiters prefer to hire their graduates. This has led to a fierce competition for few places in the IIM Ahmedabad run by the state government and ISB Hyderabad started by 2 former McKinsey employees.

Fee of IIMA is  ₹ 1.55 million for 2 year MBA program. While ISB-Hyderabad, an autonomous institute associated with international schools such as Wharton, Kellogg and London Business School charges ₹ 2.2 million. As per the findings of online job portal MyHiringClub.com, the average starting salary for freshers from India’s leading B-school was around $ 32,400 ( about ₹ 1.8million ), four times higher than the average of $ 7,550 for other management graduates.

{tab=UP B School}

MBA Seats 89% Vacant in UP B – Schools

In yet another indication of the deteriorating standards of education in the state, nearly 89% of the total MBA ( Master of Business Administration ) seats in the state are left vacant. Be it the supply outstripping demand, lack of basic infrastructure or few placements, students who participated in the state entrance examination ( SEE ) counselling have in no way opted for the B – schools in the state.

Out of 28,000 seats offered by 421 colleges, around 3,300 have been filled. And as far as Lucknow is concerned, the figures are shocking. The state capital has nearly 55 management colleges, 29 failed to get a single admission from SEE counselling. Single admission has taken place in another 13 colleges while in two colleges, two students each have taken admission. The figures show that there are nearly 45 colleges where the total admissions have not exceeded the five digit mark. Last year, only 4,373 students were enrolled in MBA as against 32,228 seats.

Only six colleges have shown some satisfactory results. Of these six, three are government institutes, while three are private colleges. In Institute of Engineering and Technology ( IET ), a government college, all 60 seats for MBA have been filled up. Similarly, in Institute of Co – operative, Corporate Management, Research and Training, and Indira Gandhi Sahkari Prabandh Sansthan, only 10 and four seats are left vacant respectively. Besides, three private colleges where the situation is better includes BBD National Institute of Technology and Management ( nine out of 102 seats vacant ), BBD Northern India Institute of Technology and Management ( 50 out of 102 seats vacant ) and Ramaswaroop College of Engineering and Management ( 46 out of 151 seats vacant ).

The dipping figures are however, not new to the education officials. SEE 2012 coordinator, Prof VK Singh said, “Not more than 15% MBA students get placement after they finish the course. This is due to the lack of industries in the state. Also, the mushrooming of colleges with inadequate facilities is keeping students away.”

In the past five years, the management colleges have increased by more than four times. While there is no check on quantity, the quality of education suffers badly. Seeing the drop in number of students in B – schools across the country, the All India Council of Technical Education ( AICTE ) has also imposed a blanket ban on opening of new management colleges. Now, the colleges are only relying on management quota to fill some more seats.

{tab=Rajasthan B School}

19 Business School of Rajasthan Opting for Closure

Rajasthan Business Schools have come across a huge drop down in its admissions. Yes, there are a few B – Schools in the state facing an unprecedented drought of admissions for this academic year.

For a total of 9000 seats offered in these colleges, only 150 students have been applied successfully, some of which are on the verge of closure. According to sources at least 19 such colleges have reportedly applied for closure due to insufficient number of students.

The situation has left the management of many MBA colleges in despair as they struggle to fill the huge shortfall. The state technical department has allowed direct admissions for about a month time, in which students with passing marks can enroll for an MBA degree. However, experts feel that this may not help to fill a fraction of the total seats even if they compromise with the quality of students.

An MBA admission Co – Ordinator GK Tyagi said “Direct admissions will not bring any radical change. This year many colleges will suffer loss”. One of the reason for keeping students away from an MBA degree is the poor job market, forcing many to explore new and conventional courses. The rising number of applicants pursuing M.Tech, CS and Law, besides Diploma and Certificate Courses in Mass Media, Fashion and Event Management has affected the MBA market.

According to a member of College Development Council Dr Karunesh Saxena the lack of information about CMAT is also one of the reasons for less number of applicants. Including the lack of information about the replacement of State – level admission test and RMAT ( Rajasthan Management Admission Test ) with the Common Management Test introduced this year, is also an reason.

The Rajasthan Technical University which had delayed in conducting examinations and announcing results on time has affected placements and enrollment of students, he added. Poor business sentiments and economic recession has also taken toll on the management courses. Besides all these the sources blame the technical education department’s faulty policies which allowed new management colleges to mushroom without considering demand.

However, it is still a doubt if these colleges would get a chance to continue working or if they could be shut right this academic year. All of which is depended on the number of candidates applying for these 19 colleges.

{tab=B – School Scholarship 2012}

Know the Scholarships offered by various B – schools before your Admission

Value and price of MBA is, generally, directly proportional. While the importance of MBA is growing and the relevance of MBA is realized in each field, the MBA aspirants often pay a hefty price for the two most crucial years of their lives.

But if you have determined to pursue MBA and have maintained a good academic background throughout, fret not. The B – schools would be more than happy to assist you through their scholarships.

Amity School of Business, Amity University

Amity University offer scholarships for all their post graduate programs. The students can avail 100 percent scholarship on attaining 93 percent aggregate in CBSE or ICSE Board of Class XII and 80 percent in Graduation.

The students will get 50 percent scholarship on securing 88 percent aggregate and above  in CBSE or ICSE Board of Class XII and 75 percent in Graduation.

Dr. Gaur Hari Singhania Institute of Management & Research, Kanpur

Dr. Gaur Hari Singhania Institute of Management & Research, Kanpur offers merit – based scholarships and awards. These scholarships and awards are awarded based on the overall performance of the students during the program.

Following are the Scholarships which are offered by the B – School :

Course
Application
Registration
Cost of Application
Undergraduate ( UG ) - Day₹ 25/-₹ 2/-
Undergraduate ( UG ) - Evening₹ 25/-₹ 15/-
Postgraduate ( PG ) - Day₹ 40/-₹ 2/-
Postgraduate ( PG ) - Evening₹ 40/-₹ 20/-
Under Graduate ( UG )₹ 100/-₹ 50/-
M.Sc. ( Information Technology )₹ 150/-₹ 100/-
MCA₹ 200/-₹ 100/-

The criteria which a student must fulfill during the program in order to avail the scholarships are as follows :

Sl.No
Course
Eligibility
Selection Procedure
1.
BA LLB ( Hons )

i. Equivalent examination from any recognized Board or University with a minimum of 50% marks in aggregate ( 45% for SC / ST candidates ).
ii. The maximum age limit for candidate is 20 years as on 1st July, 2012 ( 22 years for SC / ST ).
Alliance Law Admission Selection Process :
i. A high score in CLAT / LSAT / ACLAT
ii. Personal Interview

a) The Alliance College of Law, Alliance University also uses other parameters such as scholastic and extracurricular record for Alliance Law admission.
b) The final selection of the candidate will be based on the overall performance in the Alliance Law Admission Selection Process.
2.
BBA LLB ( Hons )
3.
PGDCEL


Passed in Bachelor’s Degree in any subject including the professional courses or an equivalent degree of any University recognized by the UGC.
Alliance Law Admission Selection Process:

i. Good Academic Record
ii. Personal Interview

a) The Alliance College of Law, Alliance University also uses other parameters such as scholastic and extracurricular record for Alliance Law admission.
b) The final selection of the candidate will be based on the overall performance in the Alliance Law Admission Selection Process.
4.
PGDPIPL

Era Business School, New Delhi :

Era Business School, New Delhi offers one time scholarship, which are awarded during the time of the admission and rolling scholarships. The amount and criteria for the scholarship through MBA entrance exam are as follows :

S.No.CountryName of the Parliament
1.Afghanistan Hal-o-Aqad ( National Assembly )
2.ArgentinaNational Congress
3.Australia Federal Parliament ( House of Representatives and Senate )
4.Bhutan Tshogdu ( National Assembly )
5.BrazilNational Congress
6.CanadaParliament ( House of Commons and Senate )
7.China, MainlandNational People's Congress

The B – School mentions, “This amount is a one time waiver which is applicable at the time of admission”.

Era Business School rewards Rolling Scholarships to five percent students of the class worth ₹ 50, 000 in each trimester.

GD Goenka World Institute, Gurgaon

For the Post Graduate programs, the institute has 10 scholarships. These scholarships are distributed on the basis of marks scored in undergraduate examinations. The recipients of these scholarships have to maintain a minimum of 60 percent marks in their term examinations.

Indus Business Academy, Greater Noida

Indus Business Academy, Greater Noida offers scholarships on the basis of the performance in the MBA entrance exams. The criteria need to be met for availing the scholarship are :

  • Minimum 60 percent marks in Xth, XIIth & Graduation
  • More than 60 percentile in CAT 2011
  • More than 75 percentile in MAT 2011/2012

The amount of the scholarships according to the scores obtained in the CAT and MAT exams are as follows :

Available CoursesSeats Available
D.M. Cardiology1
M.Ch. Urology1
M.ch. Cardio Thoracic Surgery1
M.Ch. Neuro Surgery1
D.M. Neurology*1
* Awaiting MCI approval

Jindal Global Business School, Sonepat

Jindal Global Business School, Sonepat offers scholarships to the meritorious students through tuition fee waivers. The scholarships would be provided based on the overall academic background of the students and interpersonal skills. The details of the scholarships are as follows :

Sl.No
Department
Programs
Specializations
1.





UG Programs
BSc ( Bachelor of Science )i. Computer Science
ii. Computer Technology
iii. Information Technology
iv. Mathematics
2.
BCA ( Bachelor of Computer Application )i. Computer Application
3.
BBM ( Bachelor of Business Management )i. Business Management
4.
BCom ( Bachelor of Commerce )i. Computer Application
ii. Commerce
5.





PG Programs
MBA ( Master of Business Administration )
-
6.
MCA ( Master of Computer Application )i. Computer Application
7.
MSc ( Master of Science )i. Computer Science
ii. Software Systems
iii. Mathematics
8.
MCom ( Master of Commerce )i. Commerce
9.
MIB ( Master of International Business )i. International Business
10.
MSW ( Master of Social Work )i. Social Work
11.



Research Programs



MPhil ( Master of Philosophy )
i. Computer Science
ii. Commerce
iii. Management
iv. Tamil
v. English
vi. Mathematics
12.
PhD ( Doctor of Philosophy )i. Commerce

JK Lakshmipat University, Jaipur

JK Lakshmipat University, Jaipur offers scholarships during the course in the form of tuition fee waivers on the basis of Class XII marks. The amount and criteria are as follows :

Bangladesh Water Lily
Canada Maple ( White Lily )
France Lily
Germany Cornflower
India Lotus
Iran Rose
Ireland Shamrock
Italy White Lily
Japan Chrysanthemum
Scotland Thistle
Spain Pomegranate
United Kingdom Rose
U.N.O Olive Branch

From second year onwards, top 10 percent of the students, who have obtained CGPA of 9.5 and above in the programme will be awarded scholarship equivalent to 75 percent of the tuition fee.

Next 10 percent of the students, who have obtained CGPA of 8.5 and above but less than 9.5 in the program will be awarded scholarship equivalent to 50 percent of the tuition fee.

The university also offers seven Merit – cum – Means scholarships equivalent to 25 percent of the tuition fee for the students, whose parental income is ₹ 3,00,000 or less per annum and have obtained CGPA of 7.5 and above but less than 8.5 in the program.

MERI, New Delhi

Management Education and Research Institute, New Delhi offers several scholarship schemes for the PGDM students, which are Merit Scholarships, Sibling Scholarships, EWS Scholarship and Girl Student Scholarships.

Merit Scholarships are for those students who have secured high percentile in the MBA entrance exams. The criteria and amount are as follows :

  • 90 percentile and above – ₹ 50, 000
  • 80 to 89 percentile – ₹ 40, 000
  • 70 percentile to 79 percentile – ₹ 30, 000
  • 60 percentile to 69 percentile – ₹ 20, 000

The B – School mentions that a scholarship of ₹ 10000 in first semester  will be given to each student who has secured a minimum of 60 percent marks in the aggregate in the secondary, senior secondary and graduation examination. They will also be eligible to get scholarship of ₹ 10,000 in subsequent semesters provided that they secure minimum 60 percent marks in semester I,II & III and do not have to reappear in any of the subjects.

Sibling scholarships are given to the brothers and sisters of former or existing students. In each semester, the student would be given scholarship of ₹ 10, 000.

EWS Scholarships are for the students who belong to the economically weaker sectors. The students whose annual family income is below ₹ 2.5 lakh are eligible for this scholarship.

Girl Student Scholarships are given to female students where a one time special incentive of ₹ 15, 000 will be given to each female students.

NIIT University, Neemrana

The NIIT University grants scholarships to a maximum of 30 percent of its flagship MBA students. A maximum of 15 percent students will receive a scholarship amount equaling 50 percent of the University fee for the 2 – year program and another maximum 15 percent will receive an amount equaling 25 percent of the University fee for a 2 – year program. “Students receiving scholarships will have to maintain scholastic standards stipulated by the University on a term – to – term basis and will also have to set aside up to 10 hours per week for tasks assigned by the University.

Also, candidates have to make a separate scholarship application and submit it prior to appearing in the Selection process. Scholarships will be awarded on the basis of scores obtained at the end of the selection process,” mentions the university.

Sharda University School of Business Studies, Greater Noida

School of Business Studies, Sharda University offers scholarships for the MBA students on the basis of the CAT and MAT performances. The percentiles required and the amount of scholarships are as follows :

S.No.Name of the ProgramDate & time of Entrance Exam.
1MBA 5 Year-
2MBA 2 year ( All Progs Except S.No. 3 ) 06th July, 2015


( 2.30 P.M. - 3.45 P.M. )
( Monday )
3LL.B ( Hons. ) 5 year Integrated including UILMS
02nd July, 2015


( 11.00 A.M. - 12.15 P.M. )
( Wednesday )
4LL.B ( Hons. ) 3 year ( Morning & Evening )
07th July, 2015

( 2.30 P.M. - 3.45 P.M. )
( Tuesday )
5M.P.Ed.06th July, 2015


( 10.15 A.M. - 11.30 A.M. )
( Monday )
6B.Pharmacy02nd July, 2015

( 11.00 A.M. to 12.15 P.M. )
( Thursday )
7M.A. ( Hons ) - English ) ( 5 Years ) 01st July, 2015


( 11.30 A.M. - 12.45 P.M. )
( Wednesday )

7M.Sc. ( Hons. ) Maths. 5 Year01st July, 2015


( 9.30 A.M. - 10.45 A.M. )
( Wednesday )

{tab=Placement Analysis 2012}

Placement Analysis 2012 : Top B – schools get average 1.3 job offers for every student

Top B – schools in India remain unfazed on the concern over job scenario amidst slowing economy, even as trends in placement 2012 shows recruiters offering around 1.3 jobs against every student available at the leading institutes.

Though, according to the sources in different B – schools, the annual package offered at the Top B – schools in 2012 has not witnessed significant increase, there has been a moderate increment in average annual packages.

XLRI leads the pack so far, with highest domestic package of ₹ 40 lakh, followed by IIM Kozhikode and JBIMS with the highest package at ₹ 32 lakh and ₹ 24 lakh.

Most of the Top B – schools witnessed annual average package ranging from ₹ 10 lakh to ₹ 15 lakh. XLRI, however, recorded annual average salary of ₹ 16.48 lakh.

Leading Companies in large numbers participated in the placement process at the Top B – schools to hire managers who can play effective role in their respective organizations. While 123 companies participated in the placement at MDI Gurgaon, a total of 135 companies landed to IIM Kozhikode to hire bright talents. NMIMS attracted 121 companies to its campus for Placement 2012.

Placement Table with Highest and Average annual packages at Top B – Schools :

ghgyu
hjhjyui

“In spite of the paralysed economy the offers made to the highest ever batch size of IIM Kozhikode enjoyed the trust from India Inc,” said Dr. Debashis Chatterjee, Director IIM Kozhikode.

Fr E. Abraham, Director, XLRI, said that the placement in the institute remained unaffected from the slowing economy. “There is always a demand for quality people in market. We, at XLRI, are proud to train students who become highly productive for the organization they work in,” he said.

“A multitude of companies lined up to grab their share of the intellectual capital on offer. The students who appeared for placements got offers from their dream companies in profiles that they yearned for,” said a press release from MDI.

Even the new among IIMs, IIM Rohtak had a 100 percent placement with students getting lucrative offers from top companies. “The response from the industry has been overwhelming, with 27 Companies competing in the process and making 58 offers to a batch of 47 students. Multiple students have received offers exceeding 25 lakhs per annum INR,” said Dr P. Rameshan, Director, IIM Rohtak.

Dr. Rajan Saxena, Vice Chancellor, NMIMS Mumbai, said “Even though the industry was cautious in its outlook towards recruitments this year, it reposed its faith in the MBA students of NMIMS by continuing to offer them coveted profiles across functions and domains.”

He said that institute did exceedingly well despite a challenging season of sorts with the global economic downturn and the large batch size of four programs coming together for placements. “While some recruiters were cautious and selected in few numbers, there were many for whom the executive mandate to participate in campus placements took time, on account of which a few companies could not be accommodated,” he said, adding, “a good number of new recruiters participated in the placement process this year.”

Dr. C.R. Chavan, the Placement Coordinator, JBIMS, said “Like every year, this year too, JBIMS culminated yet another successful placement season.”

{/tabs}

JEE Main

Application Form Submission 16 Dec 2020 to 16 Jan 2021.