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Wednesday, February 07, 2007
IIM Lucknow opens campus in Noida
NOIDA: Indian Institute of Management Lucknow (IIML) today opened a campus here on the outskirts of the national capital that will focus on updating the skills and knowledge of working professionals.
The campus, spread over 20 acres and built at a cost of Rs 60 crore, will cater to working professionals in Delhi and nearby areas, IIML Chairman Hari Shankar Singhania told reporters after inaugurating the Noida branch.
IIML, he said, is the first IIM to start a second campus.
"In keeping with its vision of becoming a global, socially conscious and integrated centre of learning, contributing towards management development both in India and abroad, IIML Noida campus will be the centre of management excellence and march ahead with global tie-ups and world class programmes," he said.
The campus, which is expected to be functional by September this year, will have an academic block, a library, an administrative section, a hostel, a computer centre and other facilities.
To start with, the centre will offer the Working Management Programme. Later, the campus will offer global management programmes, IIML Director Devi Singh said.
"The campus will be global in scale and we plan to have around 20 full-time faculty members here. The courses will be conducted with an underlying emphasis on creating global business leaders," he said.
The modalities for admission and other aspects are being worked out, he added
The campus, spread over 20 acres and built at a cost of Rs 60 crore, will cater to working professionals in Delhi and nearby areas, IIML Chairman Hari Shankar Singhania told reporters after inaugurating the Noida branch.
IIML, he said, is the first IIM to start a second campus.
"In keeping with its vision of becoming a global, socially conscious and integrated centre of learning, contributing towards management development both in India and abroad, IIML Noida campus will be the centre of management excellence and march ahead with global tie-ups and world class programmes," he said.
The campus, which is expected to be functional by September this year, will have an academic block, a library, an administrative section, a hostel, a computer centre and other facilities.
To start with, the centre will offer the Working Management Programme. Later, the campus will offer global management programmes, IIML Director Devi Singh said.
"The campus will be global in scale and we plan to have around 20 full-time faculty members here. The courses will be conducted with an underlying emphasis on creating global business leaders," he said.
The modalities for admission and other aspects are being worked out, he added
IIM Lucknow to add 147 seats for OBCs
NOIDA: The Indian Institute of Management, Lucknow (IIML) will add 147 seats over the next three years, with the additional infrastructure expected to cost around Rs 43 crore, to implement reservation for OBCs.
Increasing the number of seats in a phase-wise manner, the institute will add 45 seats in 2007-08, followed by 55 seats in 2008-09 and 47 seats the next year, IIML Director Dr Devi Singh told PTI today on the sidelines of the inauguration of IIML's Noida campus here.
He said the additional infrastructure needed to implement the reservation would cost around Rs 43 crore. "We are spending the money for enhancing facilities such as classrooms, auditorium and hostels. We have already started work on building a hostel in our campus in Lucknow," he said.
Presently, IIML has about 300 seats. "We have a teacher student ratio of 1:10. In order to ensure quality, we do not want to bring down this ratio. We presently have 60 faculty members," he said.
IIML has proposed to the government to grant another 60 teachers in view of the increase in the number of students.
"But the government has agreed to grant only 20 more teachers. This will be insufficient," he said.
Increasing the number of seats in a phase-wise manner, the institute will add 45 seats in 2007-08, followed by 55 seats in 2008-09 and 47 seats the next year, IIML Director Dr Devi Singh told PTI today on the sidelines of the inauguration of IIML's Noida campus here.
He said the additional infrastructure needed to implement the reservation would cost around Rs 43 crore. "We are spending the money for enhancing facilities such as classrooms, auditorium and hostels. We have already started work on building a hostel in our campus in Lucknow," he said.
Presently, IIML has about 300 seats. "We have a teacher student ratio of 1:10. In order to ensure quality, we do not want to bring down this ratio. We presently have 60 faculty members," he said.
IIML has proposed to the government to grant another 60 teachers in view of the increase in the number of students.
"But the government has agreed to grant only 20 more teachers. This will be insufficient," he said.
Monday, February 05, 2007
IPSAR to offer new courses next year
CUTTACK based educational institute IPSAR has embarked on an expansion drive and is set to offer new programmes in diverse fields from the forthcoming academic year.
The institute has drawn up elaborate plans for starting courses in franchise and retail management, MBA programme for executives, BBA and a complete commerce stream from plus two to graduation level.
Executive director of IPSAR Prof JK Mishra said, rising consumerism and the boom in the retail scenario in India has opened up immense career opportunities for the youth in the sector. The entry of global giants like Wal-Mart and foray of leading Indian entities like Reliance into the retail sector has propelled it to a position among the most alluring and promising employment generator in the country.
The Diploma in Franchise and Retail Management programme would mould students into effective managers and grab their places in the thriving retail sector, Mishra said.
The new courses would have an intake capacity of 600 and would be brought into force from the new academic session. The institute at present offers programmes in MBA, BCA and plus two science.
The institute has drawn up elaborate plans for starting courses in franchise and retail management, MBA programme for executives, BBA and a complete commerce stream from plus two to graduation level.
Executive director of IPSAR Prof JK Mishra said, rising consumerism and the boom in the retail scenario in India has opened up immense career opportunities for the youth in the sector. The entry of global giants like Wal-Mart and foray of leading Indian entities like Reliance into the retail sector has propelled it to a position among the most alluring and promising employment generator in the country.
The Diploma in Franchise and Retail Management programme would mould students into effective managers and grab their places in the thriving retail sector, Mishra said.
The new courses would have an intake capacity of 600 and would be brought into force from the new academic session. The institute at present offers programmes in MBA, BCA and plus two science.
IIM-L course on carbon markets
Profitable businesses and responsible environmental policies may not have gone hand-in-hand till now. All this may well be changing. Young MBAs are now getting a shot at making 'green' money.
Corporate environment management and study on carbon markets are now finding their way into MBA coursebooks. The Indian Institute of Management, Lucknow (IIM-L ), has started a course that seeks to provide students with an understanding of changing relationship between business and environmental management.
With big names like Reliance , Tata Steel, Jindal Steel and Power set to enter the carbon market, the course is expected to equip future managers with the fundamentals on the intricacies of these markets and their potential.
'' The new course will involve some 15 hours of teaching . According to analysts, India can generate 248 million tonnes of carbon dioxide equivalent or certified emission reduction (CER) units per year, including 78 million tonnes from land-use and plantation projects. India can annually make around $2,000 million in the clean development mechanism (CDM) projects , and currently accounts for just 13.72% of the global CDM market.
There is a tremendous potential for companies to grow in this segment and, therefore, it's essential that future managers are made aware of this," said professor Sushil Kumar, professor of agri-business and course pioneer.
'' I have had discussions with companies like Tata Steel, and these corporates have shown an interest in a course for managers on carbon markets. They feel there is a need for future managers to be aware of carbon markets and environmental issues ,"he added.
Apart from a study on carbon markets, the course will also focus on how businesses can move beyond an approach that seeks just to minimise environmental impacts, to strategies that seek to proactively manage various enviromental issues. Students will also be given an opportunity to gain an understanding of the importance of socially responsible strategies
Corporate environment management and study on carbon markets are now finding their way into MBA coursebooks. The Indian Institute of Management, Lucknow (IIM-L ), has started a course that seeks to provide students with an understanding of changing relationship between business and environmental management.
With big names like Reliance , Tata Steel, Jindal Steel and Power set to enter the carbon market, the course is expected to equip future managers with the fundamentals on the intricacies of these markets and their potential.
'' The new course will involve some 15 hours of teaching . According to analysts, India can generate 248 million tonnes of carbon dioxide equivalent or certified emission reduction (CER) units per year, including 78 million tonnes from land-use and plantation projects. India can annually make around $2,000 million in the clean development mechanism (CDM) projects , and currently accounts for just 13.72% of the global CDM market.
There is a tremendous potential for companies to grow in this segment and, therefore, it's essential that future managers are made aware of this," said professor Sushil Kumar, professor of agri-business and course pioneer.
'' I have had discussions with companies like Tata Steel, and these corporates have shown an interest in a course for managers on carbon markets. They feel there is a need for future managers to be aware of carbon markets and environmental issues ,"he added.
Apart from a study on carbon markets, the course will also focus on how businesses can move beyond an approach that seeks just to minimise environmental impacts, to strategies that seek to proactively manage various enviromental issues. Students will also be given an opportunity to gain an understanding of the importance of socially responsible strategies
Friday, February 02, 2007
'2-year course not MBA'
BANGALORE: Management institutes offering fancy courses and one-year MBAs are now under the scanner.
The All-India Council for Technical Education (AICTE), which also regulates management education in the country, has asked all states to caution private B-schools against fooling students by calling their full-time regular management programme an MBA.
According to its revised regulations, every two-year full-time general management programme, which is not affiliated to any university, will have to be referred to as post-graduate diploma in management (PGDM). Along with it, B-schools have to mention the sector/branch in brackets.
For instance, programmes focusing on finance will be called PGDM (finance). AICTE will not approve PG management courses that are of less than 12-months duration. Any management programme with duration between one and two years will be treated as a certificate course.
This means that no private B-school can offer an MBA or a PGDM if the course is for more than one year and less than two years. "Candidates completing these certificate programmes will be awarded post-graduate certificate in management.
If such a programme is sector or function-specific, the parenthesis will denote the focus like in the case of PGDM," AICTE adviser (management and technical bureau) K Madhu Murthy has said in a note to all states and AICTE regional offices.
Further regulating executive management programmes, AICTE has said that such programmes will have to be for a minimum of 15 months.
The All-India Council for Technical Education (AICTE), which also regulates management education in the country, has asked all states to caution private B-schools against fooling students by calling their full-time regular management programme an MBA.
According to its revised regulations, every two-year full-time general management programme, which is not affiliated to any university, will have to be referred to as post-graduate diploma in management (PGDM). Along with it, B-schools have to mention the sector/branch in brackets.
For instance, programmes focusing on finance will be called PGDM (finance). AICTE will not approve PG management courses that are of less than 12-months duration. Any management programme with duration between one and two years will be treated as a certificate course.
This means that no private B-school can offer an MBA or a PGDM if the course is for more than one year and less than two years. "Candidates completing these certificate programmes will be awarded post-graduate certificate in management.
If such a programme is sector or function-specific, the parenthesis will denote the focus like in the case of PGDM," AICTE adviser (management and technical bureau) K Madhu Murthy has said in a note to all states and AICTE regional offices.
Further regulating executive management programmes, AICTE has said that such programmes will have to be for a minimum of 15 months.
No colleges in rented premises: AICTE
Bangalore: Ahead of the admission season, AICTE has dropped a bombshell close down all B-schools and engineering colleges that are functioning out of rented buildings or sheds.
The apex body which regulates technical and management education institutes in the country has asked all institutions that are functioning on temporary location to shut down by March 31 if they do not shift to approved permanent site with full facilities.
Such institutes will not be permitted to offer courses for the academic year 2007-08. It will also be mandatory for colleges to have at least 50% built-up area to admit students. If the shortfall is more then 50%, then the institute will be placed under no-admission category.
In colleges where the shortfall is between 25-50%, the intake will be cut by 50%. "The requirements of built up area per student is 11.7 sqm. The built up area for the approved intake must be provided before the commencement of the next academic session," said and AICTE circular that was sent to colleges.
The apex body has come out with fresh guidelines for institutes, which were given conditional approval last year. After the apex body introduced round-the-year approval scheme, several engineering and management institutes were given conditional approval though they had certain deficiencies in staff and infrastructure.
"Several colleges have been given conditional approval with a deadline to overcome the deficiencies. Majority of the colleges in Karnataka and Kerala have met the norms. We will not give permission to colleges to admit students if they show no progress," D S Bagri, AICTE regional officer (South-Western region) told TOI.
There are 1,518 engineering colleges across the country with an intake of 5,69,283 students and 1,147 institutes offering MBA/PGDM admitting over 94,000 students. Andhra Pradesh alone has 281 colleges followed by Tamil Nadu with 247 colleges and Maharashtra with 170 colleges.
In Karnataka there are 126 AICTE-approved engineering colleges that admit over 55,000 students. As per the revised guidelines, it will be mandatory for all institutes to appoint qualified directors/principals by June 30 to get extension.
The apex body which regulates technical and management education institutes in the country has asked all institutions that are functioning on temporary location to shut down by March 31 if they do not shift to approved permanent site with full facilities.
Such institutes will not be permitted to offer courses for the academic year 2007-08. It will also be mandatory for colleges to have at least 50% built-up area to admit students. If the shortfall is more then 50%, then the institute will be placed under no-admission category.
In colleges where the shortfall is between 25-50%, the intake will be cut by 50%. "The requirements of built up area per student is 11.7 sqm. The built up area for the approved intake must be provided before the commencement of the next academic session," said and AICTE circular that was sent to colleges.
The apex body has come out with fresh guidelines for institutes, which were given conditional approval last year. After the apex body introduced round-the-year approval scheme, several engineering and management institutes were given conditional approval though they had certain deficiencies in staff and infrastructure.
"Several colleges have been given conditional approval with a deadline to overcome the deficiencies. Majority of the colleges in Karnataka and Kerala have met the norms. We will not give permission to colleges to admit students if they show no progress," D S Bagri, AICTE regional officer (South-Western region) told TOI.
There are 1,518 engineering colleges across the country with an intake of 5,69,283 students and 1,147 institutes offering MBA/PGDM admitting over 94,000 students. Andhra Pradesh alone has 281 colleges followed by Tamil Nadu with 247 colleges and Maharashtra with 170 colleges.
In Karnataka there are 126 AICTE-approved engineering colleges that admit over 55,000 students. As per the revised guidelines, it will be mandatory for all institutes to appoint qualified directors/principals by June 30 to get extension.
GLIM to set up 14-acre campus
CHENNAI: Great Lakes Institute of Management (GLIM), a B-school founded by Kellogg's Bala V Balachandran, is setting up its own campus on a 14-acre land about 55 km away from Chennai on the east coast road. The management school, which offers a one-year management programme, plans to invest Rs 25 crore in infrastructure over the next two years.
S Sriram, executive director, GLIM, said in Chennai on Thursday that upon completion, the new campus would have a built-up area of 1.8 lakh sq ft, of which about 1 lakh sq ft would be ready within a year. "We will move to our own campus for the batch starting April 2008," he said. The B-school presently operates from a 15,000-sq ft rented building in Chennai, but has had experts from across the world, including marketing guru Philip Kotler, winner of the Nobel Prize in Economics 2004 Finn Kydland, University of Michigan management professor C K Prahalad, IMF chief economist Raghuram Rajan, and new age spiritual guru Deepak Chopra, speak to its students. Some of these sessions had to be conducted outside the campus. Mr Sriram said its present campus was a little cramped. This is why it was going for the new one. The new campus will include hostels, auditorium and buildings for its research centres. The B-school spent Rs 5 crore for the land from its surplus funds, and will seek donations in India and abroad for the Rs 25 crore it needs for other infrastructure. It is in the process of finalising an architect to build a 'green' , environment-friendly and energy-efficient campus. The Bschool is establishing chair professorships in two domains , family business and marketing, with funding from Mr Gopal Srinivasan, managing director, TVS Electronics, and Mr K B Chandrasekhar, chairman, Jamcracker. GLIM is talking to a few other institutions to establish more chairs.
GLIM is presently in its third year of operations, with the batch of 2007 having 162 students. Around 125 students passed out in 2006. Average salary (domestic ) was Rs 7.3 lakh a year, and highest salary Rs 24 lakh a year. Over 80 companies made above 150 offers last year, the B-school said.
S Sriram, executive director, GLIM, said in Chennai on Thursday that upon completion, the new campus would have a built-up area of 1.8 lakh sq ft, of which about 1 lakh sq ft would be ready within a year. "We will move to our own campus for the batch starting April 2008," he said. The B-school presently operates from a 15,000-sq ft rented building in Chennai, but has had experts from across the world, including marketing guru Philip Kotler, winner of the Nobel Prize in Economics 2004 Finn Kydland, University of Michigan management professor C K Prahalad, IMF chief economist Raghuram Rajan, and new age spiritual guru Deepak Chopra, speak to its students. Some of these sessions had to be conducted outside the campus. Mr Sriram said its present campus was a little cramped. This is why it was going for the new one. The new campus will include hostels, auditorium and buildings for its research centres. The B-school spent Rs 5 crore for the land from its surplus funds, and will seek donations in India and abroad for the Rs 25 crore it needs for other infrastructure. It is in the process of finalising an architect to build a 'green' , environment-friendly and energy-efficient campus. The Bschool is establishing chair professorships in two domains , family business and marketing, with funding from Mr Gopal Srinivasan, managing director, TVS Electronics, and Mr K B Chandrasekhar, chairman, Jamcracker. GLIM is talking to a few other institutions to establish more chairs.
GLIM is presently in its third year of operations, with the batch of 2007 having 162 students. Around 125 students passed out in 2006. Average salary (domestic ) was Rs 7.3 lakh a year, and highest salary Rs 24 lakh a year. Over 80 companies made above 150 offers last year, the B-school said.
