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MBA How do you monitor where your money paid to the government as taxes, goes after the returns are filed? Neelesh Misra from the Hindustan Times (HT) proposes a plan for a monitoring network and wants to employ MBA graduates to work on it. The plan is to employ the MBA graduates for a minimum period of three years on a salary of Rs. 30,000 a month. Misra says in the article "At a time when the estimated 1,600 management colleges in India are churning out more graduates than there are job openings, these positions should be easy to fill", putting away any questions on the availability of MBAs for the jobs. Going forward with the plan, the MBA graduate thus recruited will head a team of twelve data entry operators who will in turn be equipped with point to shoot cameras or cell phone equipped with cameras.

It is interesting to note the use of two concepts that Government-India or Public-India has preferred to stay away from always; a) the use of technology: simple tools that make your work easier and b) the use of Master of Business Administration or MBAs inside the country rather than them being trained for export. Although technology is also at its nascent stage for being used to make things work better, it is the recognition of MBA graduates as people who can actually help the country rather than just receive fat paychecks and work in air conditioned offices which is a noticeable development. Today progressive thinkers believe they can be of some use.

There is also a change on the other side as the MBAs too want to do some thing different. On the HT comments section, a volunteer has already nominated herself for the initiative. She is an MBA who has left her job with an MNC due to lack of interest in what she was doing and wants to be part of the system to monitor tax payers money. Other trends that show the changing mindset are social entrepreneurship, green management which has become a large part of the MBA curriculum. Many of the MBAs (working or studying) whom I know want to open businesses that will allow them to create jobs. MBAs are ready to change the world.

If such projects become a reality, the entry of MBAs, largely trained for the private sector (insane working hours, deadlines and stress on performance) in the public social sector will be subtle turn in terms of work culture in a place full of babus and redtapism. After public sector banks hiring MBAs in a big way in this year's placements, the process has already been initiated. The question that remains to be answered is: Who will replace who?
Proto I happened to attend the Proto event on Saturday July 25th, 2009. Proto is all about providing a platform to young and budding entrepreneurs to meet venture capitalists and other investors so that they can strike up a deal for that symbiotic relationship. There was a plethora of harried people around. The VCs were harried because they had to listen to entrepreneurs after entrepreneurs and understand their business models. The entrepreneurs were harried because they had to strike gold with that one investor who would provide them the lucre to make the going smooth.

The showcase had fifteen people presenting their interesting businesses in front of the audience. One could see the excitement layered with tension on the faces of their faces. Although only 15 start ups showcased their products, the rest of the nominees (88 of them) were also present and were trying to convince the investors to venture into their business too (so you see a lot of convincing was going around). There were all kinds of ideas and I hope each one of them were able to find the investor they were looking for.

This is a great way to network and a great way to find money for your business; yes, in a scenario when traditional funding from banks was not possible for a startup since they needed collateral deposit for a bank loan and thus this was the only way to fund their business. It is all different today. With schemes like the 'Credit Guarantee Corporation for Small and Businesses (SMB)' by which a businessman can get a loan from 25 lakhs to a few crores without collateral, this is the time for entrepreneurs to diversify in terms of the sources of their funding.

Although not completely. A bank is still a traditional source of money and thus, believes in the traditional models of business. Or according to Sukumar, President of the Knowledge Foundation, banks believe in tangible products. So if your model is that of tangible products which can be sold in the market to generate money and you'd be able to do it soon (i.e. generate the money), you can convince the bank with least difficulty and obtain a loan. For those whom it works, it is easier and simpler and takes less time. On the flip side, if you are developing a product or something whose performance or behavior you can't really predict, go to a VC (or an angel investor or the likes). For example, a plan to design Radio Frequency Identity Card or an RFID card for slot machines in theme parks to replace coins will be an idea to be taken to a bank. An idea like a Facebook or Amazon should go to a VC.

With the MBA world today full of self ventures rather than high end jobs, it is important that more and more new ways for funding are developed. Funding from alumni, institutions, government also has to start in a big way. Money may not be the source of all happiness; however, it is definitely the source of all ventures.
PracticeCAT aspirants are expected to devote hours and hours of hard work if they wish to get anywhere close to their dream b-school. Well, it really shouldnt be too much to expect coaching institutes to provide better facilities for students taking the practice tests that are conducted. The news that CAT might be a computer based test had been floating around for close to a year before it got confirmed a month or so back. MBA coaching institutes such as TIME and Career Launcher (CL) do need to provide better facilities if this years CAT takers are to get reasonable practice before the big day.

CL has announced that it will be conducting the first ever open online Mock CAT from July 25 to August 1. The test will be open for non CL students also. Thats a good initiative given that TIME has conducted only one online practice test so far and IMS is yet to begin its test series. Anyhow, I thought I should investigate how online tests have been conducted so far given that most coaching institutes had earlier explained to me their plans to provide facilities for this year's CAT.

The first two CL online practice tests were conducted without any problems and most students are quite happy with the test facilities and questions.Chintan Navin Wora, a student at the CL Dadar center said, However, these tests were not supervised and students were also allowed to take their bags inside the test room. If the tests are not supervised then there is no point in calling them as proctored tests. Hopefully CAT aspirants are being honest here and are also not finding out in advance about the tests before taking them.

CL Proc Mock 3 is currently on and students have encountered issues while taking the test. Ameya Pimpalgaonkar, a CL student said, "At my center in Pune on July 25, the network was extremely slow, a pop out was appearing every five-ten minutes, scrolling was a problem and students were repeatedly getting logged out. One student left in frustration as he could not connect to the network." Girish Hiranand, a student registered at the CL Dadar center in Mumbai said that due to network problems he was unable to take his test on July 26. A faculty at the center said, It was a local internet subscriber problem and occurred only at the Dadar center. It turned out to be a problem only for two students. According to Alpesh Chaudhari, a CL Pune student, the Reliance web world center where he took the test was noisy as other customers were busy browsing the internet. He also said that the network was slow and fonts were variable through the test.

TIME also conducted its first online test (AIMCAT 101 over an extended period of 20 days. Ameya who has registered for the TIME AIMCATs said that there was a time loss of 20-25 seconds while clicking through to the next question. There were other issues also at the Vikhroli center in Mumbai where Shashank Prabhu gave the test which started two hours late. While most students were satisfied with the infrastructure provided, Shashank's keyboard and mouse took turns in acting up. There was also a huge variation in the number of questions he had attempted and that shown in the test results. TIME on its part has promised all students who registered for the test series that they will be able to write this test which was available for only full time students. However, this does not benefit the full time students in any manner. In Jaipur at the Lalkothi center, all the computers had Linux installed on them and students could not see questions properly because of the screen's poor resolution. Abhishek Chopra, a student registered here commented, "No technician was available to help students and people at the center were complaining throughout the test."

There should be a lot more clarity once the CAT notification is released sometime in August. Hopefully the Indian Institutes of Management (IIMs) will release a demo test or some additional details regarding how the test will be conducted. Coaching institutes should meanwhile definitely strive to ensure that a quality testing environment is provided so that students do not feel shortchanged.

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A Set right what you believe is wrong seems to be the motto of the Higher Education Forum started by Dr. A K Sengupta, Dean SIES College of Management Studies for regularization of higher education and ridding it off its corrupt practices.

The Higher Education Forum or HEF was started as a Google Group in September 2008 by Dr. Sengupta and three additional members viz. Dr. Ganesh Natrajan, CEO, Zensar Technologies, Prof. (Dr) Suresh Ghai, Director K J Somaiya Institute of Management Studies and Research and Dr. G. S. Singh, Hon. Professor Guru Nanak Dev University with an idea to promote ethical practices in higher education. It is now a 1300 member group and will soon be registered as a trust. A website for the forum is also in the offing. This website is being planned as a one stop shop for any queries related to the ethical practices of higher educational institutions.

Through HEF Dr. Sengupta plans to primarily create knowledge, disseminate knowledge and encourage academic debate. Other long term plans are sharing the best practices in education, empowerment of the lesser known institutes and collaboration with International institutions. For this he wants to motivate the 1300 members on the forum to work in their capacity for the cause of education. With most of the members being directors and professors at engineering and management colleges, this should not be a difficult task. If the plans of Prof. B Vyasa Rao, Director, Mumbai Institute of Management and also a member of the forum go through, the forum will try to become a legal entity so that it will be able to influence the decision of the Government and the HRD ministry. Other objective of the forum is to bring fore people in small areas who are doing well for the cause for education but have not been noticed by the popular media. The forum is also trying to find a way to create an inclusive society without the use of reservations. They havent found an answer yet, but the debate continues.

The key to success for such a goal for the forum will be the timing and support from Students, Professors, The Government and Media. The timing will be crucial too; the present government will be a good time to start. To focus on one objective at a time will play a crucial role too. Too many cooks might just spoil the broth. Above all the enthusiasm of members will reign supreme; of course all dreams need executioners to become a reality.
The The Supreme Court ruled and the Indian Institutes of Management (IIMs) have got cracking on admitting more students. IIM Ahmedabad (IIM-A) has recently announced that the batch size will increase from 318 to 407 in next years admissions. IIM Calcutta (IIM-C) had gone for a big increase in seats for this years admissions itself. These numbers are heartening but increasing batch intake by 54 percent in two years time will definitely be an exercise in management for the IIMs.

As was pointed out in an earlier article, IIM Kozhikode which increased intake by 23 percent in this years admissions has encountered problems with infrastructure. Students admitted to IIM-C this year also got a crash course in space management at the institute which among the IIMs has the largest batch size of 408 students. Along with infrastructure issues, the IIMs will also have recruit new faculty to ensure that a good teacher-student ratio is maintained. Prof Samir Barua, IIM-A Director has admitted that the faculty crunch is a grave issue and needs to be given serious attention. Faculty at the IIMs still havent received the benefits of the sixth pay commission and this will definitely work against the chances of recruiting new faculty.

IIM-C is planning on a Rs 200 crore expansion plan to expand infrastructure. However, the institute should have known that the quota implementation would put a strain on existing infrastructure. The course fee for the flagship management program has more than doubled and gone up to Rs nine lakhs from Rs four lakhs. The institute claims that the fee increase was necessary in order to make up for the cost of operations. It would only have been fair for the institute to provide better facilities for this year's batch.

Six new IIMs are supposed to be functioning from next year onwards and after a lot of resistance; the existing IIMs decided that they would mentor the new institutes. It will be interesting to see how the IIMs guide the new IIMs and ensure that they start functioning from 2010. The IIMs are facing difficulties in their expansion plans and it is important that they be guided properly whether if the new IIMs are to be operational from next year onwards.

The IIMs and IITs are Indias pride as far as education is concerned. Given the demand for quality higher education, there is obviously a need to increase seats and establish new institutes. It is important that this be done in a systematic and efficient manner. Else well be left ruing what we had and wonder what might have been. And that will be a pity, a real pity.
TameHow do test strategies change when you have to read tough Reading Comprehension passages from a computer screen instead of paper? Here's a small tutorial that proposes a interesting approach to making sense of complex passages in the new context of computer-based CAT and speed up your performance in this crucial section for CAT 2009.

Download the Reading Comprehension Tutorial


Update: Here's a sequel to this tutorial, with another example of dot-diagram usage.

The tutorial is brought to you courtesy TCYonline. The tutorial is Shareware, which means that if you like it, you promise to forward it to your friends who may be benefited by it.
Reality Reality shows can get you anything. From a spouse to an MBA. And yes you heard it right. In Singapore, 16 contestants are vying for an MBA scholarship of S$25,000 (Singaporean Dollars) in The Kaplan MBA challenge. Dont confuse it with The Apprentice which was for people who wanted to start a business. This is for people who want to pursue an MBA degree, educational background and age irrespective.

The Kaplan MBA Challenge is Asias first reality show where the winner will get a scholarship for MBA after he proves himself every week in the weekly MBA projects given to the contestants. Another person who will also win a scholarship will be the lucky viewer who voted during the show. The show is running in its 7th week now and very soon we will come to know the lucky contestant who will take home the coveted money to pursue his or her business studies. To get into the show the contestants had to upload a video of 30 seconds on why should they be part of the show and then get the maximum votes to get selected. If you are going to win a scholarship for MBA it should not be difficult to market yourself right?

Will such a reality show be as popular in India as the some of the other ones like MTv Roadies or the recent Rakhi ka Swayamwar or Sach Ka Samana that have glued viewers to their TV sets? May be not; however, it will certainly enjoy huge amount of popularity amongst the large number of MBA aspirants and MBAs that we have in our country (which is large enough to give the show some decent TRPs). However, for such a show to be successful, its intellectual quotient should be high. Considering the target audience, its a reasonable enough condition. By intellectual quotient I mean the kind of projects given to the contestants. If they are of the quality which could be done by the average Joe on the streets, it will kill the prospects of the show. Since this particular realty show does not belong to the popular genre it will not be able to survive on bitching, bad language, politics or the scripted fights between judges.

Reality shows may not all be real and some of us may turn up our noses at them thinking they are not up to our intelligence levels. However, they have been the most successful mode of entertainment since a long time. Combining entertainment with testing the MBA grey skills of a would-be manager which in turn will give him money to pursue his business studies seems like a great idea to me. What do you think?
B-schools The twitter bus has taken the world by storm and most of the IIMs have recently woken up to how important 140 characters are. The Indian Institutes of Management (IIMs) are hardly following anyone on Twitter except for IIM Kozhikode and that account is currently being run by an alumnus. Unless of course, all IIM media cells are using their personal accounts for that purpose; I know that one IIM is definitely doing that! Professors at b-schools have taken to blogging and now, the institutes themselves are looking at getting real about a virtual presence.

You can read about the IIMs in the newspapers and you can also get updates directly from the students. Twitter and blog feeds help provide regular updates and give an idea of what students make of life at the institute. Institutes only have 140 characters for each message and examples of creativity are few. By and large, Twitter is being used for sending out links to news which featured the institute and announcing events. Institutes almost come across as people when one sees an instance of MDI Gurgaon (@MDIGurgaon) greeting all the IIMs on Twitter.

The IIM-C media cell started @IIMC after they kicked off their personal accounts. According to Paul Savio, External Relations Secretary at the institute, the two members who run the account use it the way in which they usually post Twitter messages or tweet. IIM Bangalore and IIM Shillong are the two IIMs which are still to make a mark in the land of 140 characters. IIM Bangalore's Executive Post Graduate Program in Management (EPGP) batch has booked the IIMBangalore name but is yet to tweet from there.

IIM Bangalore is planning to start a Twitter account very soon. The institute may choose to tweet real time updates at the time of admissions and this could prove to be very useful for students. Twitter can be used to reach a lot of people quickly and Vernon Fernandez , the co-coordinator for the institutes media cell says, Students can be given real time updates for news in which IIM-B has been featured. @IIMKozhikode will be handed over to the current batch in the next few months.

A Twitter feature known as retweet allows you to pass along a Twitter update which you liked to all the people who are following you. This makes certain updates viral and popular updates are usually retweeted. Rohan Desai, Media Cell secretary at IIM Ahmedabad (@IIMAhmedabad) makes an interesting point when he says that its sometimes a bit confusing whether their tweets are meant for on-campus people or for outsiders. He believes that blogs have more of a sense of being for the outside world and provide a peek into institute campus life.

Lets see whether the IIMs get innovative about Twitter and if we see tweets flying during admissions and placements. Fingers crossed!

Other b-schools on Twitter: IIM Lucknow (@IIML) and IIM Indore (@iimi).
A Last Saturday, I attended a management event organized by Forum for Learning and Youth Leadership (FLY) at Bhaidas Auditorium in Ville Parle. The event schedule listed speakers from top Indian b-schools and heads of two prominent companies speaking about admissions, b-school life, CAT preparation and management. The issues covered by the speakers made the event a capsule of things to know before applying to a b-school.

Representatives of the Indian School of Business, Hyderabad (ISB) and SP Jain Institute of Management and Research, Mumbai (SP Jain) spoke about the admissions procedure followed at the two institutes and what they primarily look for in applicants. Prof Parimal Merchant, SP Jain representative went so far as to say, Today, money is not lacking in any profession and if a person really wants to earn money then he can even look at reality shows as an option! Both the speakers stressed on the fact that rather than following the herd, applicants should try to look within and know why they are trying for an MBA program. ISB of course has a detailed admissions process to analyse a persons application while SP Jain issues interview calls even before the CAT results are declared.

A brother-sister duo from the Indian Institute of Management, Ahmedabad (IIM-A) and IIM Bangalore (IIM-B) helped the audience to get a glimpse of behind-the-scenes of b-school life and CAT preparation. Akansha Thakore, a class of 2009 IIM-A graduate and currently a business leadership trainee at Hindustan Unilever spoke on why the A in IIM-A does not stand for academics. It was good to see an IIM-A graduate honestly talking about the pressure inside a b-school and how the dorm culture acts like a family to help a person get through the stress and even have fun in the process!

Abhishek Thakore who gave a 20 minute presentation on The softer side of CAT which had the audience hooked is from the IIM-B class of 2005 and a gold medalist from the institute. His stage presence, innovative slides and quick wit had people in splits one moment and philosophizing on life in the next. His presentation deserves a full blog post and he vividly explained that there has to be a big enough reason for you to take CAT in order to ensure that you do justice to the time and money involved in MBA preparation.

The game of business presentation delivered by Bhavin Turakhia, Founder and CEO of Directi was a fascinating talk on how a company should be run. He spoke at a mad pace but each and every word could be clearly understood. An organization is like a football team and all the players should have a clear idea of where the team is going. One of his most memorable statements was, I love going to work because I know that sometimes I will get proved wrong. Its a real pity that so few companies try to innovate when it comes to work culture and organization structure.

There really is so much to know when it comes to b-school admissions, preparation strategies, career options to follow, how companies work and what makes people tick. MBAs have to make sense of all this and more. But before it all, we must know ourselves and what we want. Else it simply comes down to the engine running on a full tank but the car not going anywhere. Dont you think so?
Manage

It may sound unusual but like charity, management too begins at home. But in this case "home" refers to our mind. CAT preparation is like an iceberg floating along; the visible part of the iceberg is all the problem solving, late nights or early mornings spent in preparation and the books, newspapers and magazines that you run through. What the eye cannot see, the mind has to take charge of. The majority of the iceberg which remains invisible is the mental strength that you have to go through with your effort. This was the opening of a spellbinding presentation on CAT preparation by Abhishek Thakore, an IIM Bangalore alumnus and a student par excellence.

The minute Thakore got on stage at Saturday's management event in Ville Parle, one got a sense of the energy and attitude that he carries with himself. He opened with the iceberg slide and then listed some tips to improve mental makeup. There should be complete clarity about why you are writing the CAT. You should identify your skills and not crib and say that you won't be able to make it. Take responsibility for your decisions and stand by them. An interesting exercise he suggested was to take a piece of paper, keep on writing your reasons for writing CAT and stop only when you find a big enough reason. Look at yourself in the mirror and ask what is it that you really want and then think how you can get there.

These are issues which people do not really concentrate on while preparing for CAT. Simply having formula on your tips or tons of test papers under your belt will not get you to your dream institute. You must have a very good idea of the techniques which you will follow in various situations. One of the techniques that Thakore suggested is what he calls the Frequent Revision Technique where you revise a topic after every class, at the end of the day, then every week and every fortnight. Once you have a clear idea of your reasons for writing CAT, try your best and on God leave the rest. However, one must keep in mind that there will always be some issues which you just can't make sense of. Thakore had very wittily displayed this issue in Chinese script which he said wasn't meant to be deciphered.

Thakore's sister had conducted the previous session which was on life at IIM Ahmedabad and had said that the next session would touch upon what one must do to crack the CAT and get to an IIM. There are three simple steps needed to get into IIM-B; take a flight to Bangalore International Airport, an auto to the IIM-B campus and walk inside the institute. Of course, you'll be there as a visitor and not a student," was Thakore's tongue-in-cheek remark.

I think this was the most useful session to be conducted at the event. Other speakers gave information about admissions and life at b-school. But mental strength and clarity are qualities that every applicant should strive to get. And while gathering all the information, keep one thing in mind - Thakore pointed out, Apply and don't just listen." A great presentation, lots of insights, some good jokes and wit also but when you sleep, some of these ideas should be under the pillow and not keep wandering in your dreams. That's what will make the difference.
Is '4Thought 2009', the recently concluded annual business seminar at Symbiosis Institute of Management Studies talked about the Power Shift from the West to the East in Currency, Culture and Politics. Eminent speakers like Gulu Mirchandani, Chairman and MD, MIRC Electronics, Shikha Sharma, CEO and MD, Axis Bank and Dilip Chhabria, CEO and MD, Dilip Chhabria Designs India Ltd. to name a few presented their viewpoints on the topic. However, before we talk or argue about it, it becomes really important to know if the power is shifting from the West to the East or are we just getting ahead of ourselves.

While it is difficult to get to an exact answer, what Sharma says that Power is where the market is makes sense to me. Right now the market is in India and thus, yes we have the opportunity to shift the base of power towards the East. However, to think that the rest of the world, especially the US and Europe will sit back and let the East take over is ignoring the totality of the situation.

When the recession hit the world, India still stood its ground. And we should thank our regulatory system for that. The policy decisions by the RBI which made sure that Indian markets stay stable and do not get into erratic behavior due to rise in sensex saved us from being totally consumed by the disaster known as recession. These policies can become learning for the rest of the world and can make Indias political position strong in the world parliament vis-a-vis other nations; thus India can leverage itself into a decision making body in world affairs. In my opinion, something like this could be aptly called power shift.

As I said earlier, there is an opportunity of a power shift from the west to the east. And India and China are the frontrunners for the seat of the power. What India can do to convert this opportunity into reality, according to Sharma is to innovate in the finance sector. It is very important too to be honest, responsible and credible with our trading.

On the flip side India shouldnt lose itself in this race of power and focus on the ground realities, such as development of infrastructure, provision of education and basic necessities to all the citizens. Before that is looked after, high GDP growth and becoming the power center of the east is all something that looks good only on paper.
InEver wondered why doing business in India is diametrically different from studying business in India. Many people must have realized the difference in scenarios when they passed out from their business schools and started working. The text book just did not teach you enough!

According to Devdutt Pattanaik, Chief Belief Officer at Future Group, although most of our learnings in management come from the west, they do not fit into the Indian scenario since the way of working of an Indian is different from that of the west; he says, "the west works on 'Binary logic' and Indians on 'Fuzzy logic' " which translates to Indians having more than the conventional 'yes' or 'no' for an answer; hence, while in the west, things are "evidence based, measurable, absolute, standardized and certain", in India they are "also felt, also contextual and also hidden, mostly and perhaps"; this vast different in thinking and ideology makes being a manager in India a whole different ball game than being a manager anywhere else. Work here happens when you know people; knowing people and developing relationships is the fundamental way to move forward.

India is a changing land and with the new growth opportunities and is a very exciting place to be in if one wants to do something new and different. Having said that, one should also keep in mind that there is no one specific way to get things done in India; opinions, behaviors and even language change every 50 kilometers. Thus, as author Phillip Kotler said "Know your customer", Indian managers should get to know their customers and use that knowledge to build products which conform to the larger Indian audience; not the ten percent which resides in the cities and shops from the malls. The service industry also can benefit from the knowledge of the quirks of a typical Indian and service them better.

Made in India or Made for India. What do you prefer?
MoreLast week, we covered a fresh dot-diagram approach to tackling Reading Comprehension passes in the verbal section of the CAT exam. Many of you who studied the tutorial asked for more examples of the method for better clarity of the concept, so here it is!

Download tutorial with more examples of dot-diagrams for reading comprehension


(This tutorial is a sequel to the July 29 tutorial on reading comprehension.)


Hope this helps you in taking better judgment of the utility of the dot-diagram approach.


Thank you to our friends at TCYonline for the tutorial. As always, the tutorial is Shareware, which means that if you like it, you promise to forward it to your friends who may be benefited by it.

JoinYes, you heard that right. We have excess stock of hot coffee but not enough people to spend sleepless nights consuming it. Are you passionate about the world of MBA education? Do you get excitedly lap up news and analysis on business schools in newspapers? Are you brimming with questions on why the gears in the MBA world turn the way they do? We'll give you a chance to find out the answers to those questions and also inform the world about it! Join the PaGaLGuY Editorial Team as a Fulltime Reporter.


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Is An MBA program aims to provide exposure to a wide range of issues and students from varied backgrounds enroll at business schools. However, Indian b-schools in most cases have a gender ratio heavily skewed towards male students. Interestingly enough, Apeejay Educational Society has chosen to set up women dedicated MBA programs at two branches in the NCR region.

The Indian Institute of Management, Ahmedabad (IIM - A) has this year reported that there has been an increase in the number of female students admitted to the institute and the percentage stands at approximately 20 percent. Some of the Symbiosis institutes of management usually have 30 percent of the batch consisting of women and Mudra Institute of Communications, Ahmedabad (MICA) is one of the few institutes to have an approximately even ratio of men to women.

Apeejay Education Society has chosen to set up women-dedicated full time programs at two of its institutes in Noida and Gurgaon. According to Dr Sushma Berlia, Vice President at Apeejay Education Society, the institute had earlier started an undergraduate college exclusively for girls in Charkhi Dadri, Haryana since that was an area where many women were not encouraged to go to co-educational institutes or to areas that are far away from their homes. The success of this college motivated the society to start management programs exclusively for women to give them a chance and encourage them to go into management.

Dr Berlia expects that these programs will help reduce concerns regarding safety which families in these parts of the country might have and financial scholarships of up to 40 percent will also help. Interestingly, she also adds that women would also be encouraged to participate in class and this will enhance their learning. These women dedicated programs are scheduled to commence at Apeejay Institute of Technology School of Management , Greater Noida and the Apeejay Institute of Management and Design, Gurgaon, Haryana and Dr Berlia is not aware of any other Indian b-school which offers MBA programs attended only by women.

Management is a discipline where it is important for students to get exposed to a wide variety of issues and people. Women dedicated programs might be beneficial in certain areas where there are safety issues and women need to be motivated to enroll for education. However, I wonder whether such dedicated programs are indeed required on a large scale as far as management education in India is concerned. An increase in the number of women in MBA programs would definitely be welcomed as this would lead to a more diverse class and corporate boardroom. However, women dedicated programs would probably reduce the exposure and range of perspectives which comes with an MBA program. What do you think?
TameHow does the test-taking strategy for Quantitative Ability and Data Interpretation change for the computer-based CAT? Here's a tutorial.

Download the Quanti-DI tutorial for CAT 2009


Thank you to our friends at TCYonline for the tutorial. As always, the tutorial is Shareware, which means that if you like it, you promise to forward it to your friends who may be benefited by it.

TakeAbout 100 odd old users on the PaGaLGuY.com forums are going to be lining up for this year's CAT as part of OMPA (Old Men's PaGaL Association) but they aren't simply cooling their heels and waiting for the CAT notification to come out. Far from it! You can invite your favourite OMPA member in the city for dinner to get answers to all your questions regarding CAT preparation, MBA life and careers. Before you start counting your pennies, there's some good news; a maximum of eight aspirants can get together and take an OMPA member out for dinner.

Here's a list of issues you can quiz these CAT veterans on:

  • Understand MBA specialisations and how they work

  • Their b-school experiences

  • Areas of expertise such as entrepreneurship, media, IT, Finance, FMCG marketing, Finance etc

  • Tips for CAT preparation


The oldies are pouring in with their backgrounds, areas of expertise and of course, preferences for food and drink. You'll be getting three-four hours with an OMPA member and it will be best if you come prepared with a list of questions. You can choose to dine with alumni from specific b-schools or with specialized work-experience. Some might be travelling around the country because of work or college schedules and you along with some friends can book a date well in advance.Look no further for your MBA doubts and click here to plan a dinner with a CAT veteran!
Delhi If you have an Italian streak in you, I say head for IMT-Ghaziabad; no you will not find yourself turn into Michelangelo, but every three months you will be able to feast on unlimited pizzas and cold drinks in the mess. Now this is a treat for even the most remote Italian in us.

While travelling towards IMT, it is interesting to note a) the amount of advertisements of Management institutes (I counted more than 30) and b) the number of them which have the suffix IMT in them (which is, ironically more highlighted than the initial one or two letters); but yes, this is where the similarities end.

To simulate an actual organization set up, the administration of IMT Ghaziabad is handled by students through various committees, supervised by the faculty. Thus, apart from committees like the ones for marketing and finance, different ones are designed by the students keeping in mind the current needs of the students. Like one of them, Finnacle is committed to make the students understand the working of the stock market; led by Ankit Maheshwari, a second year MBA student and a chartered accountant. This committee collects funds and invests them on behalf of the contributing students. It then tracks the stock market and gives monthly updates to the investors (i.e. the students), thus explaining the working of the stock market to them. The contribution from the students is voluntary and there is no upper or lower limit on the amount of money. For those interested in understanding the depths of consulting, there is a committee called Race: Research and consulting enterprise. This is a mini consulting organization, which provides solutions to big brands like Amul, Grasim, Gold USA, Omni Pol etc for minimal or no money. Its a win-win situation for both the parties; the students learn the nitty-gritty of the process of consulting and the companies save up on the high fees the consulting firms would charge them. This trend of companies going to B-school for their various business solutions has taken on in a big way in the present recession times and intelligent B-schools have taken advantage of this to provide hands on experience to their students, apart from, of course, the summer internship work experience. Some students bag placements offers through such consulting assignments too; needless to say if only their work is good enough to catch the employers attention.

MBAs have been accused heavily of amassing large amounts of wealth (by whatever means possible) and ignoring the weaker sections of society. Probably that is the reason why the management institutes today are taking corporate social responsibility or CSR more seriously than they ever did. At IMT though, the vision of the CSR committee, MadF is not to merely help the poor and the needy, but to empower them to generate their own employment. The students teach the women of the village to earn their own livelihood, apart from that they also give them the initial capital and teach them the ways to market the products. Also, to generate funds for their CSR activities, MadF has its own grocery store, Needz which opens only after midnight to cater to the various needs of the B-schoolers, who invariably lead a nocturnal life.

IMT is inquisitive. Yes, it is one of those B-schools well known for its quizzing talent. To keep the culture alive, juniors and seniors meet up every Wednesday and indulge themselves in quizzing competitions through the IQC or the IMT Quizzing Circuit. Students are also encouraged to take part in debates, crosswords and other such literary events to bring out their softer skills. The sports festival, known as Chakravyuh tests IMTians on the field; the three day festival has all possible games being played on the campus. The winner is the team which shows consistent performance in all the games.

IMT campus When the classes end and the committee meetings are over, the students relax in the amphitheatre or in the lush green lawns of the institute, immaculately maintained by the administration. Although such occasions are rare, the students make the most of it. A manager indeed balances work and play.

More Life@IMT Ghaziabad posted by students.

Later this week, I'm traveling to an interesting conference at ISB Hyderabad on the role of business schools in the current economic crisis, and how they need to change in order to be more relevant in the new economy that will emerge out of the crisis. The conference, among other matters, will examine b-schools' obsession with placements and huge pay-packets at the cost of wholesome learning, whether the current flavor of MBA was in-part responsible for the current mess, and what role can b-schools play to avert such a crisis in the future. The conference will be participated in by thinkers from top schools such as Kellogg, IIMs, XLRI and CEOs or GE Money, Zensar among others. If there are issues or questions you specifically want me to watch out for in the conference and bring back to you in form of insights, do post them in the comments.

The 21st Annual Management Education Convention, which I'll attend, will be organized by the Association of Indian Management Schools (AIMS) at the Indian School of Business (ISB), Hyderabad. Here's their 3-day agenda in detail.