Thursday, 13 September 2012

New exam pattern for XAT aspirants.

The XAT conducted by XLRI,will see some changes in the exam pattern from 2013.The duration of the test has been extended to three hours instead of 2.20 hours.Also,a section on general awareness has been added.
XAT 2013 will be conducted on January 6,2013 (Sunday),the registration for which closes on November 30,2012.Approximately,1 lakh students are expected to take the entrance test.The exam will remain a pen and paper format and will be conducted in a single day.
The exam will have two parts,the first one will have multiple-choice questions in three sections data interpretation and quantitative ability;analytical reasoning and decision making;verbal ability and logical reasoning.The time allotted for this section is 2.20 hours.The second part will ask students to write an essay and there will be some questions on general awareness.For this section,candidates will be given 40 minutes.The rationale behind the change is to get students from diverse backgrounds,said college officials

Wednesday, 29 August 2012

SNAP held on December 16

Registrations for Symbiosis National Aptitude (SNAP) Test mandatory for admissions to post-graduate programs in Symbiosis International University opened from today. SNAP will be held on December 16, 2012 from 2 to 4 pm. Aspirants can register online atwww.snaptest.org . The test pattern sees no change from the pattern followed last year. The duration of the same is 120 minutes . Each wrong answer will attract a penalty of 25% negative marks.

Aspirants will need to upload a photograph at the time of registration. The test fee is Rs 1550. Registrations close on November 20 and the results will be announced on January 10, 2013. The test will be conducted in 30 cities across India.

Tuesday, 21 August 2012

MAT dates announced.


The All India Management Association (AIMA) has announced the dates for the September chapter of Management Aptitude Test (MAT). While the paper pencil test will be conducted on September 2, 2012, the computer based test will be conducted from September 8, 2012 onwards. Surprisingly, only 10% of the registrations so far are for the computer based testing pattern, said Wg Cdr VS Bejoy, Director, Centre of Management Studies.
The online registrations for candidates who wish to appear for the September version of the MAT exam have already started and will be open upto August 13, 2012. The number of days over which the computer based test is conducted will depend upon the final number of registrations. If the number of candidates who register for the online test are limited, they may be accomodated on the same date i.e September 8, 2012.
In addition, if the online regstrations are few, those who have opted for it will have to appear for the paper pencil test on September 2, 2012. However, they will be informed of such a happening well in advance. A list of the test centre cities is also provided to the candidates when they register.
Wg Cdr Bejoy also shared that the September 2012 MAT version will not see any changes in the paper pattern. The two and a half hour long exam will be a 200 mark paper divided into five sections including reading comprehension, data interpretation and quantitative aptitutde.

CMAT conducted twice every year


The AICTE has announced the dates for the second chapter of Common Managament Admission Test (CMAT). While the test will be conducted from September 27, 2012 to October 1, 2012, the registrations for the same will begin from August 3, 2012. We have crunched the total number of days and have increased the number of exam centres to 64 in order to balance this crunch," SS Mantha, Chairman, AICTE.
However, the total number of days over which the test will be conducted is also dependant on the total number of applicants who apply for the exam, Mantha said. If the total number of applications exceed the available slots, AICTE will increase the number of test days.
The Chairman added that from now onwards CMAT will be conducted twice every year. Students will be allowed to appear for the test twice, once during the August-September version and second during the January-February version of the test, if they so feel the need. In case students are appearing for the test twice, the best scores will be considered by the respective colleges for admissions. According to the chairman, this step is being taken to provide students with the opportunity of improving their scores so that they are able to get admission into the institute of their choice.
According to the notification issued by AICTE, the last date for registration for the exam is September 2, 2012. In addition, the hall tickets will be made available by September 15, 2012. Also, the final results are scheduled to be declared by October 17, 2012, the final scorecards will be released by October 17, 2012 and will be made available for printing till November 17, 2012.
Candidates will have to provide three centres of their choice. Last year, there were poblems with regards to centre allocation. However, according to the AICTE notification, the students will be allocated centres on the basis of first come first serve.In addition, actual allotment will be on the basis of actual slots in the centres in the city.
CMAT is a 180-minute test, which has four sections namely Quantitative Techniques and Data Interpretation, Logical Reasoning, Language Comprehension and General Awareness. There will be a total of 100 questions, with 25 questions in each section. While there had been few incidents of mishappenings and technical snags in the first chapter of the CMAT, the council is confident that even the second session will be conducted without much of a problem

XAT 2013 includes more questions on humanities


The XLRI Jamshedpur which is conducting XAT on 6 January is planning some surprises this year. According to sources at XLRI, while some changes have been finalised, some are still at the discussion stage.
The management aspirants are generally comfortable with computers but there are still people who are not too familiar with computers and we do not want to discriminate at the entry point itself. We will get to the computer format only when we are sure that there is going to be total satisfaction on all fronts," said the source.
Another change almost finalised, is that the main paper will be extended beyond two hours to two and a half hours, not including the essay. Also, a few more questions on humanities and social sciences will make an appearance this year, though the tenor of the paper will be kept 'analytical'.
"This is being done to get in more gender and discipline diversity," added the source.
Another decision, which is final, is to conduct the exam at more centres. Mangalore and Trichy are definitely on the list and a few others like Kanpur, which were on the list earlier and had been discontinued will come back on the list.
Decisions will also be taken as and when applications start coming in, said the source. "Though 40% of the applications arrive in the last 15 days, we will sieve through the applications, to help us estimate further changes."

XAT 2013 notification out


The Xavier Aptitude Test (XAT) 2013 notification is out .
The exam will be conducted on January 6, 2013 and while last year there were 38 centres, this year there are in all 44 centres with additionas like Kanpur, Trichy etc. This is being done to give people in smaller towns the opportunity to take the exam and also to rid the inconvenience of travel, according XLRI officials.
Of the four new centres added last (namely Varanasi, Surat, Amritsar, Mehboobnagar and Vijaywada), Mehboobnagar (Andhra Pradesh) has been struck off the list this year.
While there were four international centres in 2012, this year there are only three, namely Dhaka, Dubai and Kathmandu. Colombo has been struck off the list as well. The decision has been taken keeping in mind the the demand in the four centres.
Additionally, unlike last year, this year the registration process starts a month earlier on August 20. According to XLRI officials, this is to give aspirants more time to register and hopefully make the pool of test takers bigger.
According to admission process on the XLRI website, important dates for XAT 2013 include:
Last Date for XAT registration : November 30, 2012
Receipt of XAT forms : December 05, 2012
Last Date for XLRI registration : December 31, 2012
Receipt of XLRI forms : January 05, 2013

CAT 2012 extension




The Common Admission Test (CAT) which usually spans twenty days will be extended by a day this year. The exam which will begin on October 11 will end on November 6, 2012 and there will be 21 exam days in that period. This obviously gives aspirants an extra day to take the exam.


The one day addition will give more flexibility to the candidates appearing for CAT 2012. The change has also been carried out after receiving feedback from past applicants and others on the exam schedule.


It was being done especially for the benefit of applicants in Kolkata and adjoining areas which will have centres closed because of the durga puja. The day extra is only to give everybody a fair chance to take the exam.

Monday, 20 August 2012

ICICI Business Leadership Programme

ICICI Bank Business Leadership Programme is an initiative by ICICI Bank in partnership with NIIT University to deliver Master of Business Administration (MBA - Finance & Banking) programme with specialisation in finance and banking. It aims to provide opportunities to professionals, who demonstrate an aptitude for the banking industry, to get identified and nurtured as future business leaders. It provides a career leap to business leadership positions and an opportunity to serve corporate India.

Graduates from engineering, IT, finance, economics, law, commerce, statistics etc / Chartered Accountants / Professionals with varied work experience (including shop floor professionals).
Minimum 60 % aggregate in graduation.
Work Experience - Minimum of 3 Years (Full time experience).
Age - Applicants should not exceed 30 years of age (as on 15th April, 2011) Only short-listed applicants will be invited for the selection process.

The selection will be through a multi stage selection process comprising of :
a. Aptitude Test.
b. Group Discussion.
c. Psychometric Profiling.
d. Interview.

The course duration of the programme is two-years and is aligned to the needs of the banking industry. The unique design of the programme focuses on providing a high degree of industry exposure by academic and functional experts from the financial domain and banking industry.The selected applicants will undergo a 2 year intensive programme & internship programmme. Once the selected applicants joined bank after training their gross salary will be more than 15 Lakhs (Cost To Company).

Tuesday, 22 May 2012

The future of management education

Management education today is an opportunity full of challenges. To get to a future that is sustainable in every way, we need to create an ecosystem in education to attract talent, especially as educators. I strongly believe that growth occurs with great minds entering the field with a passion. Of of the box thinking is required, and with talented personnel entering to teach, the employability of students will multiply. In my opinion, only about 20% of our professional graduates are employable. In future, we need to ensure a better percentage an look towards achieving 100% employability. This is not impossible since today, there is a responsiveness to the market needs like never before. Several innovations have taken place in terms of designing of highly specialised programs, which is only the start of a trend. We will witness in the near future highly specialised programs catering to the needs of every niche pocket possible.

Along with specialised programs, i feel experential pedagogy is going to be the order of the day. It is a well known fact that the best way to develop skill sets in students is through simulated forms of learning. They exist today, but they have to gather momentum to generate a visible difference. A great way to do this is setting up a pilot training, which can be folllowed by a learning process in which students constantly get to work on live problems of a company. This process would become easier if we saw it from the perspective of developing executives.

I envision that then 2012- 20 decade is going to be one og quality revolution just as 2000-10 was of infrastructure development in education and 1999 - 00 one of capacity creation. /if that is the case, then i think that reaching a win - win situation for the academia as well as the industry will not be difficult.

How technology has changed MBA education?

The early change came in the form of online delivery of MBA courses, allowing global students to be part of an intereactive virtual classroom. More recently, web 2.0 applications such as electronic portfolios, podcasts, wikis, and other collaborative tools allows teachers more options for both online delivery, and for traditional classroom delivery. Further, learning management systems such as Blackboard,WebCT, and moodle have enabled more efficient and effective methods of teaching and learning. Aditionally, technology tools such as clickers have dramatically changed the dynamics of teaching in the MBA classroom.

With increasing computing power in the hands of teachers and students, powerful learning simulations compete today with the traditional pedagogies such as case analysis. These simulations immerse students in complex business environments where they are focused to make challenging decisions and equally important, see the impact of their decisions. A s such, simulations can mimic the cause and effect nature of real world decision making.

All theses technology based changes are building towards a more profound tranformation in MBA education: the notion of flipped classroom. The flipped classroom is based on the recognition that traditional teaching methods such as lectures lead to passive learning and are not as effective as active learning methods that are based on interactive and collaborative work. In the flipped classroom, MBA teachers are moving lectures outside the classroom using screencasts with voice over to be listened to as homework and moving active components of learning into the classroom to be supervised for more effective learning.

Monday, 7 May 2012

'Don't chose MBA institutebased on placement package.'

How should a student decide which institute to join?
Do not fall prey to advertisements. Talk to current students and faculty members to understand an institute. One should not depend on a single ranking scale. Refer to different rankings and derive an average to gauge an institute's quality. One should never chose an institute depending on its placement package. A student bagging a really high package makes great news. But there are lakhs of students doing the same course who gets different packages.

Does the brand of an institute help in placements?
Mostly all large companies have their own internal process of rating management institute depending on their past experiences. Other firms go by rankings done by different agencies. It also largely depends on networking, which is a very important aspect of management education. If a big company has a CEO who is from X institute, its students have an advantage. Hence the general perception or branding activity of an institute will not be of much help.

Do candidates with work experience have an edge over a fresh MBA graduate?
Internationally, fresh candidates are not allowed to do an MBA, making a certain amount of work experience mandatory. However, in India, there is no such process. But a candidate with work experience will personally have an edge in understanding the course, relating to the situations and examples in the theory.

Monday, 23 April 2012

GMAT launches official website for Indian applicants


Graduate Management Admission Council, the owner and administrator of the GMAT exam, on Tuesday announced the launch of an India-specific version of the official GMAT website - www.mba.com/India.
“The website has been designed exclusively for Indian aspirants and exhibits a detailed classification of the top business schools in India, Indian b-schools accepting GMAT scores and placements offered by b-schools accepting GMAT scores globally,” said a GMAC press statement.
“We’ve seen dramatic growth in the number of Indian candidates interested in pursuing management education over the last several years,” said Ashish Bhardwaj, Regional Director for South Asia at GMAC. “With significant growth in acceptance of the GMAT at Indian business schools, these candidates have more choice. This new site will help them navigate the path to a quality graduate management degree with content designed specifically for this market.”
“Mba.com hosts information around funding options, the cost implications and the prospective return on investment. Additionally, the portal also runs a thread of video testimonials by select Indian students, narrating their journey and experiences from preparing for GMAT and making it to the business school of their choice,” added the GMAC press release.

More Companies Plan to Hire MBAs in 2012: GMAC Poll


Reston, Virginia — The results of the 2011 year-end poll of employers conducted by the Graduate Management Admission Council (GMAC) indicate an improved job market for MBAs in 2012. The poll shows that nearly three-quarters (74%) of employers plan to hire MBAs in 2012, up from 58% in 2011. Not only are more companies planning to hire, they are planning to do so at increased levels in 2012 compared to 2011. The result also reveals that nearly four times as many companies are planning to increase the number of MBAs they hire in 2012, compared to 2011 (from 6% in 2011 to 22% in 2012). Plus, 32% companies plan to increase salaries for MBA hires.
GMAC, a non-profit education organisation of  the world’s leading graduate business schools, has been conducting the year-end poll of employers since 2009. This poll, combined with the organisation’s annual Corporate Recruiters Survey, lend it a vantage point to help understand and explain the trends in workforce demand for MBA and business master’s graduates. 229 employers from 216 companies from across the world participated in the 2011 poll.
Based in Reston, Virginia, GMAC has regional offices in London, New Delhi and Hong Kong. The GMAT exam was created in 1954 and is used by more than 5,300 graduate management programs at approximately 2,000 business schools around the world to assess applicants.

Harvard Business School opens new amphitheatre classroom in Mumbai


Harvard Business School announced the launch of a new classroom in India inside the Taj Land’s End hotel complex in Mumbai. The new space is on the same lines as the classrooms in the school’s Boston campus and will provide students and participants an opportunity to have a true Harvard Business School case method learning experience, said a school press statement issued today.
Harvard offers executive education programs in India, apart from organising research conferences.
The new classroom has a seating capacity of over 82 students and will offer multimedia facilities that will augment the educational experience of the students. Using the new classroom, Harvard Business School faculty will offer programs and symposia to leaders in business, government and academia on a wide range of subjects such as Corporate Social Responsibility, Building a Global Enterprise, and Case Writing and Course Development.
“India is a key component of Harvard Business School’s global strategy,” said dean Nitin Nohria in the press statement. “Our aspiration is to expand our intellectual footprint by working with business, government and academic leaders from across the country, all the while contributing to important discussions about India’s long-term economic growth.”
Harvard Business School was founded in 1908 as a part of Harvard University and is located on a 40-acre campus in Boston.

A Truly Differentiated PGDM


Welcome to the Post Graduate Diploma in Management at DSIMS — a platform to take leadership roles in four emerging areas in the Industry:
  • Financial Markets,
  • Logistics and Supply Chain,
  • Marketing and Communication,
  • Organizational Psychology and Human Resource Management.
As an aspiring Management student you have a wide choice of colleges and courses. Choosing a college or course can be a challenge. Choosing the right course and college can make all the difference. The three parameters that make PGDM a winner are:

Global Mindset – PGDM from DSIMS offers you an exposure to global practices by a combination of international immersion and international faculty. Global practices need not necessarily be the best fit for India. We enable you to adopt and tailor global practices to succeed in the Indian socio –cultural and political business ecosystem.

Relevance – The PGDM course has been designed to serve the immediate needs of the business in India. Our curriculum is both contemporary and relevant. You will be able to integrate and be productive much quicker. For example, a  weeklong Rural Immersion will expose you to the real “Bottom of the Pyramid” markets and help sensitize you to the dynamics of doing business in rural India.

Employability – As a potential manager, you should have the necessary learning and skills to be of value to your company. The process of learning in DSIMS PGDM makes you a day one job ready manager, who can contribute positively to the firm.

The PGDM at DSIMS is a carefully structured course that aims to provide a clear and credible advantage to an aspiring manager. Over and above our class room interventions, we provide a wide array of activities including Industry immersion, Rural Immersion, International Immersion and our unique MIM (Manager in Making) that will mould you into a industry ready professional.

Wednesday, 29 February 2012

How to handle Case Studies ?

Hi Friends. Here I am giving you tips on ‘How to Handle Case Studies’ – if they come in GDs of a particular institute.
First of all, following are the various type of case studies, you may come across:
1. Finance based
2. Marketing based
3. HR based
4. Ethical Dilemma
5. Social issue
6. Legal issue

Most common of all, is the HR case. The reason for that is, that anyone can speak on HR issues without technical knowledge of HR function. And they want to give chance to everyone to speak, because without you guys speaking they won’t be able to judge you. This is the easiest of all and students are more comfortable to speak in this issue.

Now, irrespective of which type of case study has been given to you, following are the steps, I will suggest you should be following:
1. Identify the problem in the case.

If a case study has been given to you, there has to be a problem or concerns which you are suppose to tackle. You need to clearly identify this. Please note, it seems identifying problem is easy. Trust me it is at times not that easy.

Eg: ‘Excessive exposure of female anatomy should be banned in the advertisements’

Think for a minute, before reading further, that in this GD(not case study) topic what is the main concern.

Is it exposure?
Or is it excessive exposure?
Or is it females?
Or is it exposure of females?
Or is it excessive expose of females?
Or the advertisements are the issue?
Or females in advertisements are the issue?
Or is it exposure of females in the advertisements?
Or is it excessive exposure of females in the advertisements?

Trust me it’s neither of the above. When I took this GD topic, in my class a couple of weeks back, almost everyone in the class of 40 said something or other written above.

The problem/concern in the above topic is ‘Banned’ or ‘Banning’. Think over it.
2. Identify the cause of the problem.

Once you have identified the problem, your next step should be identifying the cause of the problem. Note that cause of the problem may or may not be explicitly mentioned in the case. If it is mentioned, nothing like it. If it is not, then you have to take assumptions.

In the above example, following can be the causes:
Exposure is spoiling the society.
Models are ill-respected.
Society heads are raising questions.
Laws does not allow.
Etc.
3. Work on solution.

There are two ways of doing it.
a) Work on the cause. If cause can be well taken care of, then the problem itself is taken care of. In this case develop strategies to address the cause. You should at least develop 2 strategies for this. Once primary and the other secondary.

b) Work on the problem. May be the cause is intrinsic. That means the cause and problem are interlinked, in the sense that solution to one thing gives rise to other. In this case, you will have to work on minimizing the effect of the problem or eliminate the problem working on something else but the cause. Again I will suggest develop at least 2 plans/strategies to work on it.
4. Implementation plan.

This means how are you going to implement the plan you have made. What will be the stages involved. What will be the order in which you will implement it? Etc.
5.Backup plan.

A manager has to be always ready with the backup plan. If the main plan back fires than the back plan has to be used. In a case study discussion you will only mention what is your back up plan. You need not talk of its implementation plan, reason being its implementation comes into picture only when the primary plan fails and that’s something we can’t say in discussion only.

That’s it.

All the best

List of General GD topics

First of all, following are the various types of Group Discussion, you may come across:

Social issue
General Topic
Current Topic
Economic Topics
Business Related Topic
Abstract Topic
Creative Topic
Political Topic

Here I am listing some of the General Topics

1 Should agricultural subsidies be stopped?
2 Is Paperless Office a Reality or Not?
3 How to Deal with International Terrorism?
4 Conditional Access System for Cable TV Watchers: Boon or Bane?
5 Higher education should be made possible only for those who can pay for it
6 Is Swapping Terrorists for Hostages an Encouragement to Plane-Hijackers?
7 Indian Army as a Career Option
8 Do NGOs in India Really Work for Others OR Work for their Own Vested Interests?
9 Is Swadeshi relevant for India today?
10 Brain-Drain has to be stopped
11 Women cannot successfully combine both career and home
12 Women are good managers
13 Borderless World: A Threat?
14 Privatization will lead to less corruption
15 Doctors’ Accountability to Improve Health-Care
16 State is the biggest violator of human rights
17 Religion And Politics Should Not Mix
18 Unrest in Countries around India
19 Rules & Regulation Breed Corruption
20 Illegal Bangladeshi Immigrants in India
21 Developing countries should spend more on development than on defense
22 Beauty Pageants are a Must,
23 How safe is Unmarried Fairer Sex?
24 Exit Options for the US from Iraq
25 Foreign trade is necessary for any country to survive
26 Advertising is a waste of resources
27 Technology: The Ism’ Of The New Millennium?
28 Are Peace and Non-Violence Outdated Concepts?
29 Should Animals be used for Testing New Drugs & Medical Procedures?
30 Should Guys Expect their Educated Wives to be Virgins?
31 Corruption is a Necessary Evil for Success in Any Sphere
32 What is the Difference between People who do Things Rightly and People who do Right Things?
33 Universal Disarmament is a Must
34 Should Sting Operations be Carried Out?
35 Executive should be allowed to form unions
36 Political parties have outlived their utility
37 Should Research on Human Cloning be banned?
38 Secularism has become a Tool to Justify the Wrongs done by the Minorities
39 Indians perform better as individuals rather than in groups
40 Borderless World: A Myth or Reality?
41 Security Cameras & Privacy
42 Money is required to earn more money
43 Are Live-in Relationships better than Marriage?
44 Presidential Vs Parliamentary form of government of India
45 Nuclear War cannot be won and should not be fought
46 Voting rights to illiterates in India is illogical because it is widely misused
47 There can never be a classless society
48 Beauty pageants are a marketing gimmick
49 Is India a Soft Nation?
50 Is Dependence on Computers a Good Thing?
51 Advertisements Cheat People, Hence Should Be Banned
52 Is India Aping the Western Obsession with Celebrities?
53 Capital Punishment should be Banned or Allowed?
54 Flexi Timings or Fixed Timings – Which is better at Work?
55 Business and ethics go hand in hand, or do they?
56 The weaker sex is the weakness of the stronger sex
57 Joint family is a blessing in disguise All states have equal rights on them
58 Individual Brilliance Certainly makes a Difference
59 Effect of liberalization on poverty
60 India at 60: A Senior Citizen?

10 mins guide to crack Group Discussion





A GD is a method to gauge whether the candidate has certain personality traits and/or skills that an institute desires its students possess. This way institutes judge if the candidate fits into its cultural setup, or if the candidate’s personality is going to add a different flavor to the existing culture.

Points that a GD brings out about candidates personality-

Ability to work in a team
Communication skills [including listening, speaking and expressing]
Reasoning ability
Leadership skills
Initiative
Assertiveness
Flexibility
Creativity
Ability to think on ones fee

How to approach a GD

Always use time given for before discussion starts judiciously and efficiently

Step 1: Read/ listen to the topic very carefully
Step 2: Identify the main ideas and themes about the topic
Step 3: Write your points on the sheet provided and try to structure them [5-6 points are enough]

Tip:- try to remember to link your examples to point from the readings and experiences you had relating them to the main topic



Roles people play during a GD

1. Initiatingt the GD started by introducing the topic to the groups and adding his points
2. Facilitating participation of all the groups members, If anyone or few dominate a group moderator tries to control that,
3. Keeping the content of discussion around the core issue
4. Giving and asking for information & reactions & critiques
5. Discussing and questioning each other’s interpretations of materials
6. Summarizing what the group has said and moving on giving new direction to the discussion
7. Final conclusion

Strategies you may adopt

Competing without a strategy will take you nowhere, unless you are planning to reach nowhere.

Depending upon the comfort level with the topic you must decide in the beginning which role will you be playing in a particular GD. Same strategy for all the GDs that you may be participating in may not be a good strategy as a person a different level of comfort with different topics. So choose a role carefully rather strategically. If you are comfortable playing multiple roles and very swiftly you can switch roles and use your strengths to your advantage.

Normally, opening a GD involves these very important things:

1. Define the topic of the GD if there is a need to define it for others (clarity)
2. Set boundaries/parameters that you may feel will help the GD to be discussed without ambiguity.
3. In case you have a story/ incident/ experience for the topic, then start with that.
4. Creative GD will be started with your interpretation and the supporting thought process for the interpretation.

No matter what role you choose, but you have to make sure you put your own points forward and do your job by adding some valuable points to the discussion.

Tip:- 1. As most of the candidates pounce on the opportunity to open the topic and lot of people speak simultaneously and no one is heard. Better strategy could be to choose roles from 2-6 so that it will be easier to pitch in you points.

2. It is always good to substantiate your point with some facts. Most Business Schools ensure that they pick up those students who have some data on the topic or related discussions wherein the students can compliment their point of view or the stand they might take. This approach gives an impression that candidate has a rational thought process and knows how to built arguments.

Dos and Don’ts
You must ensure that the group hears you. If the group hears you, so will the evaluator. That does not mean that you shout at the top of your voice and be noticed for the wrong reasons.
You have to be assertive. If you are not a very assertive person, you will have to simply learn to be assertive for those 15 minutes. Remember, assertiveness does not mean being bull-headed or being arrogant.
Participate in as many practice GDs as possible before you attend the actual GD. There is nothing like practice to help you overcome the fear of talking in a GD.
The quality of what you said is more valuable than the quantity.
Be as natural as possible. Do not try and be someone you are not. Be yourself.
A group discussion is your chance to be more vocal. The evaluator wants to hear you speak.
Take time to organize your thoughts. Think of what you are going to say.
Seek clarification if you have any doubts regarding the subject.
Don’t start speaking until you have clearly understood and analyzed the subject.
Work out various strategies to help you make an entry: initiate the discussion or agree with someone else’s point and then move onto express your views.
Opening the discussion is not the only way of gaining attention and recognition. If you do not give valuable insights during the discussion, all your efforts of initiating the discussion will be in vain.
Your body language says a lot about you – your gestures and mannerisms are more likely to reflect your attitude than what you say.
Language skills are important only to the effect as to how you get your points across clearly and fluently.
Be assertive not dominating; try to maintain a balanced tone in your discussion and analysis.
Don’t lose your cool if anyone says anything you object to. The key is to stay objective: Don’t take the discussion personally.
Always be polite: Try to avoid using extreme phrases like: `I strongly object’ or `I disagree’. Instead try phrases like: `I would like to share my views on…’ or `One difference between your point and mine…’ or “I beg to differ with you”
Brush up on your leadership skills; motivate the other members of the team to speak and listen to their views. Be receptive to others’ opinions and do not be abrasive or aggressive.
If you have a group of like-minded friends, you can have a mock group discussion where you can learn from each other through giving and receiving feedback.

Tip:- 1. Be yourself. Try not to react and get into a heated argument rather respond and give a very cogent argument

2. Read a lot and make yourself comfortable about the latest issues

Tuesday, 28 February 2012

How to answer “Introduce Yourself” in an Interview…..



We hope you have already been enjoying the season with lots of exam. At this juncture, we wish to CONGRATULATE those who have already got IIFT calls and we also wish to take you ahead to the second level of the process of getting into your dream B-Schools. Yes, you are thinking right. We are talking of Group discussion and Personal Interview preparation.

Let me give you a glimpse of ‘What does a GD and a PI check you on’? Answer is straight and simple. Written exam has checked you on your aptitude. Now is the time when you should be checked on your attitude: attitude towards life, attitude towards your career and attitude towards the society as a whole.

Attitude makes your overall persona. How you carry yourself? How you present yourself, especially in a formal group? How you know your own self – Your strengths and weaknesses, your goals, your ambitions, your dreams? How much of the world around you, you know? Do you mean everything you have written in your biodata for e.g. these are a few things to begin with, which are part of your persona?

Now we are coming with an exciting series on “How to handle GD-PI”.Today we are going to take one of the most popular question & going to answer it with our experience. So we are coming up with first challenge which students faced when they enter PI room & they are asked to describe themselves. They concoct such a story which lands them in nothing but arrays of questions which they are not expecting. Try to answer this question in such a way that you take examiner where you want to take him.

How to go about the question ‘Tell me something about yourself’

While answering this question you should start with what kind of person you are, what are your special interests or achievements, what you like what you dislike? And you should know what you like – why you like that and similarly what you dislike – why you dislike that, though you won’t say that unless asked for.

Then you should talk about what your ambitions are. And this answer should be supported by ‘What made your ambitions’ Remember there is always a trigger for what your ambitions are at this stage. Any one while in graduation or after should know Why he wants to go for something.

And this should be a good 45 to 60 seconds talk.

Next, you should talk about your strengths and should not talk about weaknesses though you should know them at the same time. Never use words like ‘My strengths are…’ Better say – ‘I am a person who believes in perseverance’ etc etc. Here only you should mention about your academic achievements and also your hobbies.

You should know the difference between Hobby/Interests/Leisure time activities. Don’t say ‘Coin collection’ is your hobby if it wasn’t pursued passionately. If you use to collect coins just as an amateur than say that it was a leisure time activity or something you were deeply interested in.

Understand one thing; choice of right words makes a difference. The meaning of what you say should be crisp to them and they should understand what you want them to understand.

And this should be 30-45 seconds answer.

Last you can talk about the kind of family you belongs to and the value system of your family. This can be 15-30 seconds answer. So all in all you can have an answer ready for 2 minutes to 3 minutes, and that is enough. Usually an interviewer will come up with another question from your first 40-60 seconds answer.



All the best

How to prepare for the question ‘Why MBA’?



Guys,Let’s understand one thing. Whatever we are today, we are as a result of ‘torture’ that has been done on us by our teachers in schools, teachers in college, parents, family, society and may be in cases of some of us by our bosses.

What we have been exposed to has made us develop a taste for something, at the same time anti-taste for some other things. In our childhood we have nurtured what we have developed taste for. And in the process we have developed certain skills and certain qualities.

Now, we want to do an MBA, Right.

Let’s understand that theoretically we should try to explore the qualities we possess and should choose a career where we can utilize our qualities. For e.g. I liked explaining things a lot to friends, to people around me, when I was in school. Hence I picked up teaching as a hobby. And when I saw myself excelling in teaching, I thought of making a career in teaching. When I looked more into it, I realized that I like teaching UNCONVENTIONAL ways of solving questions. And so I moved into MBA/CAT teaching and left Engineering entrance exams etc long back.

I hope you are getting an idea of what I am trying to explain.

Now, we have decided to do an MBA, irrespective of the fact our qualities support MBA or not and at the moment we are only interested in designing an answer to ‘Why MBA?’.

So here I go.

Understand this that as a manager you will be required to possess certain qualities, for e.g. present mindedness, time management, perseverance. These are just examples. There are many more, in fact. Now, understand this that MBA will develop certain qualities in us which are important to pursue a career as a manager. But then certain qualities are required to do MBA for e.g Hard work.

Understand this, that till now, I have spoken about 3 phases. What you are now?(Lets call it A) What you expect you will be after MBA?(Lets call it C) and What MBA will imbibe in you? (Lets call it B)

Understand this now. In order to answer the question ‘Why MBA?’ you have to do a mapping of A, B and C. Your answer should look something like this.


‘During my schools days, I use to do this that blah blah blah…And I started developing …..(mention the skills).. When I started thinking about the career during my graduation, I realized that these skills can make me …(Talk of Life as a manager or if you see yourself as an entrepreneur). At this time, I felt the need of doing an MBA because it will develop …(talk of certain skills) and at the same time I think (the skills I possess) will help in doing an MBA and hence an MBA’…

Guys, Note that if you design an answer like this, first of all you will get a better idea as to why you should be doing an MBA. And don’t you think that if you will know better why you want to do an MBA , you will be able to convince them better. Also note one thing, that when you will design first draft of your answer, that may turn out to be a 2-3 page answer.

Never mind, after 3-5 editing your answer will become a perfect answer that too customize to you. And after 3-5 reading/changes/editing you will be able to say it in lesser words as well.

One more thing, when I suggest this method of designing answer, many of my students end up designing a 5-7 minutes answer. You know that they are not going to hear the you for more then 1-2 minutes. Still, I am saying make a long answer, reason being, when you are in an actual interview, I know you will forget a lot of things. So I know by experience that a 5-7 minutes answer will reduce to 3-4 minutes answer after a couple of editing and changes. And in actual interview a 3-4 minute answer will turn out to be a 1 to 1.5 minute answer. I am telling you hardly anyone of you will be able to touch 2 minute or cross that.

Why MBA ?



And the answer is not “Why not ?”. There are a million reasons why one should not take up an MBA. But the question is different here. It’s the most dreaded question for every aspirant. It is the trillion-dollar question that makes or breaks an aspirant’s chances of getting an admit into the hallowed corridors of IIMs and other top 10 bschools in India.

An MBA curriculum has everything from Finance to Marketing to IT to what not. Ever thought why this is so ? Each of these topics are vast fields of study disciplines in their own domain. So does an MBA make a jack-of-all-trades out of a guy ? Maybe so. It is necessary for a successful manager to be aware of the various parts of business like Operations, IT, Finance, Marketing etc. BUT, the most underrated aspect of an MBA is the fact that it aims to teach how to manage people. Successful managers are not those who can do a comprehensive sensitivity analysis but manage those who do it for them. The ability to extract high-quality work out of their teams is the most important takeaway from an MBA.

Another important aspect of an MBA is that it is designed to create and develop in students an ability to take decisions based on incomplete information. The courage to act needs to develop here. Those who cannot take strong decisions will ultimately succumb to pressure of either the organization or even their own startup.

Bschool is not where you learn Finance or Economics or IT. There are specialized courses for that. And they are great sources of learning. Bschools do impart these relevant pieces of study so as to enable the students to form a complete of business as a whole. All of these culminate into the primal aim of creating an environment where students can try out decisions before they head out to the sublime brutality of the corporate world where the margin for error is negligible. This is what an interviewer would look for as an answer.

Monday, 27 February 2012

CLICK YOUR WAY TO AN MBA

ONLINE APPLICATION SUBMISSION AND DEGREE PROGRAMS HAVE BROUGHT THE WHOLE STUDY EXPERIENCE WITHIN THE REACH OF AN ASPIRANTS PALM,QUITE VIRTUALLY


The criteria and admission process for an MBA program of various Bschools is different.Generally,admission procedures differ somewhat and not all programs require the same criteria.Moreover,these days most application forms can be submitted online too.
Normally,an MBA is offered in the following four modes: full-time,part-time,distance learning and executive.
However,there are certain common factors that B-schools are looking for in a candidate.Ideally,it is always best to get your specific information from the websites of B-school itself.Usually their website will give you ample information, says Sushil K Singh,who recently passed a B-school to join as a trainee manager in a mall,adding there are certain business prerequisites that can be part of the admission requirements.
He observes that there are a few MBA programs which require an individual to have a certain body of knowledge in business subjects at the initial stage.If prerequisites exist,the B-school should specify the way (or ways) to satisfy prerequisites.
As an MBA is a master's level degree,an aspirant is required to have a bachelor's degree and needs to send official transcript copies from each college attended.
Besides,a few MBA programs recommend or even require an applicant to have a certain number of years of full-time work experience.The rule of thumb is two years for fulltime programs and much more for executive programs.You should submit a work-related resume to verify work experience requirements if applicable, Singh says,adding that an admissions test may be required to be admitted to a particular program.
Seconds Amit Khandhuri who completed his MBA in marketing from ITM Kharghar in 2009,"I had the industrial experience of more than three years.And it helps a great deal if you have a few years of work experience when you opt for an MBA,as you already have hands-on experience,and this will help you understand the course that you are doing.
Another attachment that would be required to add is a letter of recommendation from academic college or an organisation.Therefore,two or three letters of recommendation will be required.These recommendation letters could be from previous professors,employers,and other associates.The mode of payment option generally offers three choices: Online,Demand Draft and Installment.
Professor M Guruprasad,who is a visiting faculty for many management institutions,has a word of advice for MBA aspirants.It is important to understand that the student should not fall under the conventional trap of cracking an entrance examination,though it is the first of the milestones.The real test for the candidate is how s/ he develops oneself to be a successful student at BSchool and acclaimed manager in the industry.These are the qualities any good institute looks for.Hence,apart from learning the analytical,numerical and verbal skills,one needs to work on overall personality by being aware of emotional and spiritual quotient and working on it.
Significantly,many B-Schools have started online MBA programs for working professionals,termed the EMBA program that contributes to the career development of corporate executives and professionals,preparing them for a mid-management or top management corporate career,or as a business owner.India has seen unprecedented economic growth over the past few years.To sustain it and emerge competitive globally,India is in dire need of quality managers with values, says Dr.N.S.Malavalli,Principal of a prominent B-school.India needs business leaders who are creative,entrepreneurial and the ones who can drive it into new paradigms without succumbing to the euphoria.Indian Professionalism has never been put to as critical a test as in today's changing world.In this context,we perceive our program as not just a certificate program,it is an experience that should teach the student-executives the importance of time-management,workethics,commitments,leadership,team building and decision-making.
The online MBA program is a unique platform allowing students to experience close to a physical school environment.Study material,access to faculty,circle of friends to share experiences and access to live Twitter,a tool to aggregate RSS feeds from the Internet of interest are some of the benefits that are extended as part of the virtual MBA program.Tools like Blog,Wiki,Discussion Forums and Communities are extended to students to interact with each other on a variety of topics and in the process create a permanent knowledge repository useful for students who would be using the system in future.In fact,online degrees provide cost-effective access to education.

THE FIRST STEP

THE GMAT AND CAT SCORES ARE SOME OF THE PRIMARY CRITERIA FOR SEEKING ADMISSION TO A REPUTED BUSINESS SCHOOL,SAYS NIKITA PEER


The entrance exams for a management or business school tests the person's analytical and verbal skills;both are necessary to perform well in a management program and later,after completion of the course,to cope with real life business situations.The tests also require the candidate to write on topics varying from social,political issues to sports and other current affairs.
The GMAT and CAT scores are some of the primary criteria for seeking admission to a reputed business school.Chirag Arya,Founder,AP Guru says,"At most schools,GMAT scores are the single strongest predictor of admissions success.It is probably the only element of your application that admissions committees can use to objectively compare candidates."
According to Arya,the GMAT is not the usual test you take in schools."You cannot stay up all night and get full marks.GMAT is a game.Like say chess,baseball,tennis,or any other sport and if you know the tips and tricks to play the sport,you have an edge over those who are comparatively ignorant."
Fortunately,a variety of text books and study material is available at leading bookstores to prepare effectively for both the GMAT and CAT exams.However,do not inundate yourself with too much study material that will leave you confused.Recommends Arya,"The Kaplan 800 book helps students to maximise their GMAT score.A majority of other text books or course material presents similar concepts and question types and therefore do not differ drastically from each other."
The sentence correction bibles,besides the official guide,can help a great deal in scoring well in verbal tests.It is wise to take up the tests on various courses on the Internet that help put structure into your preparation.They also clear your fundamentals in math or quant as it is known in GMAT language,if that is your low point.Also make sure you give ample time to the analysis of the tests.
The secret to maximising your GMAT or CAT score is in the preparation.Besides the 3Ds that is determination,dedication and diligence,the mantra for scoring well in the exams is Practice,Practice and Practice.Consistency and perseverance really matter.Says Arya,"The best way to develop your time management skills is to practise taking the test.It is strongly recommended that you take at least a few mock GMAT exams,in the computer-adaptive format and try to simulate the actual testing environment.So no taking food breaks,engaging in telephone conversations and all that."
Besides,make sure you schedule your GMAT test well."Don't count on taking GMAT at the last minute.Scheduling the GMAT well into the admissions season is also bound to cause undue stress.With proper planning and insight,you can spare yourself these negative energies and instead focus on maximising your GMAT score better,"says Arya.
While giving tips,Arya also talked about a few other things which according to him must be kept in mind.He pointed out that it is essential to read the questions carefully,avoid any random guessing and spend adequate time on the first five questions.
To elaborate,one must avoid misinterpretation of questions.Says Arya,"You will encounter questions in the exam that include incorrect answer choices that were deliberately designed to exploit likely misinterpretations of what the question is really asking.Don't fall into this trap."
He adds,"The first couple of questions in any GMAT section are used to determine the range of questions that the program 'thinks' can handle.Thus,your answers to the first five questions will make a HUGE difference in your final section score.Solve these with extra care - double check if you have to.They must not be incorrect.If you are unsure of the answer to one of these first questions,at the very least,take a very good educated guess by eliminating."
To conclude,studying for a test is never fun,but try and turn it into a challenge.Ultimately,these entrance tests are all about practice and essentially test how cool you keep yourself while taking the test.Try and reward yourself for staying on track.Inspire yourself.Be perseverant.In the end the hard work will pay off !

DO YOU KNOW

The GMAT score is valid for five years.Hence it is wise to appear for this examination when you are in your last or second last year of Degree College. It is not only applicable for seeking admissions in the B schools abroad but also in a few schools in India including popular institutes like TISS. Students from Asian countries tend to score better in GMAT. The GMAT centres are in almost all leading cities of India including New Delhi,Chennai,Bangalore,Ahmedabad,Hyderabad etc.In Maharashtra there are three centres,namely Mumbai,Pune and Nagpur.

THE GLOBAL LANGUAGE


THE MBA PROGRAM,WHICH IS RECOGNISED THE WORLD OVER,HAS AN EXCITING COMBINATION OF SPECIALISATION AND PROFESSIONALISM,ATTRACTING PEOPLE FROM DIFFERENT FIELDS,SAYS NISHA SWAMI


Wherever you are in the world,and whatever field you may have chosen to specialise in,there is no doubt that the Master of Business Administration (MBA) degree gives you a special advantage.The MBA designation,which originated in the United States as the country industrialised in the 19th century,offers a scientific approach to management.An MBA degree provides certain tools and skills to identify new opportunities for organisational success.Sound communication and interpersonal skills,the ability to analyse and strategise,leadership skills and professionalism towards work are some of the many benefits of doing an MBA course.
MBA today has become a minimum basic requirement because it not only develops the personality of an individual but also gives it a global edge.
As businesses and firms are growing globally,corporates are stressing the need for professionalism at all levels.People with an MBA degree have a greater chance of getting recruited in these companies and moving up the ladder swiftly.
The MBA also provides specialisation in various fields.For example you can now do an MBA in almost any stream of interest such as Real Estate,Pharma,International Business,Retail,Hospitality and Health-care,to name just a few options from a long list.
"My MBA degree gave me the opportunity to handle the international business department,"says Niraj Dholakiya,Manager,International Business,Marksans Pharma Ltd,who completed his MBA in International Business."It gave a direction to my career after graduation.Specialisation provides you with an additional edge and a perfect launch pad.The MBA degree gave me knowledge of working with international clients and how to become a professional at work."
The maximum benefits can be got from an MBA degree only if it is line with your profession,say experts.Suchitra Surve,a career counselor at Growth Centre agrees.She says,"An MBA does give an overall sense of Marketing,HR,Finance and various aspects of running a business and hence it is meant for people who want to be in the same functions.For example,a doctor can pursue an MBA in Health-care,if he wants to get into the administration section and is not keen to work in the surgical area."
The MBA degree allows working with a wide range of businesses in a conducive environment and opens up avenues.Increasing competition in various fields has also been a catalyst to the growing numbers of professionals from different fields,who are opting for the course.
"There are a lot of job opportunities available in big hospitals for people with a medical and managerial background,"says Rajeev Ranjan,who completed his basic dentistry course and is currently pursuing his MBA degree.Instead of getting into mainstream dentistry,now working as a health care analyst,he believes that his profession requires certain skills which can be learnt from an MBA programme."I am the bridge between the technical and clinical person and it will really make a difference once I have completed my MBA,"he explains.
Similarly,Advocate Mohammad Shine also acquired an MBA degree as he felt it would be necessary in the near future.He says,"Presently I am working in an individual firm.It doesn't matter to my clients whether I have an MBA degree or not.What makes a difference is how good I am in court,fighting cases."
Shine adds,"However,the training does help me in handling corporate cases.Further,in future if I decide to join a corporate legal department,I would also need to know how a corporate functions from within,how the different departments co-ordinate with each other,how the management charts out its business plans.The MBA degree will help me then as it gives me indepth knowledge about how a company functions."
Theoretical knowledge,hands-on experience and a personality makeover an MBA degree provides all this and more;it is your gateway to global success.

BEYOND THE DEGREE

DOING AN MBA CAN BE A LIFE-CHANGING EXPERIENCE,HELPING AN INDIVIDUAL ACHIEVE PERSONAL GROWTH IN UNIMAGINED AND FUNDAMENTAL WAYS


An MBA degree has been widely recognised as being vital to shaping one's career in these competitive times,taking the person to great heights on the job front and boosting one's earning capacity and profile.However,while such courses are crucial for success in a competitive job market,they can also be deeply enriching for the individual on the personal front,impacting the way he or she lives in fundamental ways.
The cut and thrust of group discussions while doing an MBA can help the individual hone leadership and personality skills - crucial for those racing up the corporate ladder.The degree can also open doors to overseas opportunities - and this means learning to hold one's own in new and unfamiliar cultural spaces.
Living abroad,or even in different Indian cities where opportunities beckon,also often means having to cope with one's own personal needs without the kind of outside help that students are often accustomed to back home;there are innumerable stories of how youngsters have learned to cook simply because they had no other choice,living elswhere!
An MBA degree also goes a long way in giving one that sense of satisfaction at being recognised as 'someone' in society;a person who has an advantage that many others do not.
Ask Ramkumar Mahadevan,who pursued a degree in MBA from NL Dalmia Institute of Management Studies and Research,Mumbai,in the field of Finance.More than just a Post Graduate degree course,an 'MBA' is a brand in itself that one wants to be associated with,he believes.Mahadevan who had done his B Com,completed his MBA in 2004 and immediately got a campus placement with one of the leading financial institutions in the country."A power-packed two-year MBA course,I believe,helps an individual to develop his career potential to the fullest,"says Mahadevan."As compared to other professional courses that focus on only one stream,an MBA course from a good institute develops the overall management capabilities of an individual,while also imparting technical education."
Mahadevan says that doing an MBA has been a "life-changing experience" for him,changing it completely for the better."The two years of my MBA life totally changed me as a person with an overall improvement in my personality while also giving me a good exposure to the corporate world,"he explains."To do an MBA was one of the best decisions that I took;it laid a strong foundation in my understanding of Finance,which has been my career path following my MBA,while also improving my soft skills and management abilities."
For K Manikkan,doing an MBA involved the thrill of following one's passion - and that offers rewards that go far beyond the actual certificate.Manikkan,who has a degree in Electronics Engineering,is working with a leading financial institution and is part of the top brass of the company.His best move,towards leading his career in the managerial line was to do an MBA from in finance from Symbiosis Institute of Business Management,he says.He passed out in 1993."This was before commencing of the IT boom and I chose to get into the management path as entry into a technical work domain was limited then,due to lack of sufficient opportunities,"he explains.
Manikkan believes that doing a MBA definitely gave a quantum push to the experience and rounding one would want for undertaking a managerial job."Both work and pay have been rewarding in terms of quantum and trajectory,although there remains a niggling feeling that one perhaps gave up a lot of technical knowledge at the altar of commerce,"he feels."However finally it's a matter of what one is passionate about.Passion is always rewarding as a career since one can excel without effort when one is passionate and never feel inadequate or have dissonance of having made a choice,"he says.
An MBA degree also provides an individual with much-needed exposure,says Astha Nautiyal - "unlike any other PG course will bring in only theoretical knowledge".Nautiyal,who completed the MBA in 2009 from University of Petroleum and Energy Studies says: "My background in Mathematics (Hons) has helped me in achieving and acquiring the quantitative aspect.A decision to pursue an MBA degree was aimed towards understanding the qualitative and managerial vision that will help shape my career."The aim was well achieved,with Nautiyal working in the aviation sector today."The MBA degree has helped me in gaining what I wanted and also helped me in correlating the aspects,"Nautiyal says.




A WIDE CHOICE

WHILE CONVENTIONAL STREAMS OF MBA CONTINUE TO BE IN DEMAND,OFFBEAT COURSES ARE FAST FINDING THEIR WAY INTO THE CURRICULUM,SAYS SHILPA SACHDEV


Earlier if someone had to do an MBA,the choices were limited.Finance,marketing or human resources would be the only options to choose from since these were the important sectors in any organisation.However,with the growth of information technology,systems management became a key area to master and hence many schools introduced an MBA programme that offered a specialisation in computers.But with time as job opportunities multiplied and more areas opened up requiring specialised knowledge.And today we have schools offering MBA programmes for retail,hospitality,media and so on.
For those who enjoy number crunching and math calculations,MBA in finance is the ideal choice.With the Indian economy growing and becoming more global in nature,there is an undying need for finance experts to manage the growth.Those with finance expertise can work with banks and financial institutions like the stock market and brokerage firms and different wealth and finance consulting companies in various analyst and associate capacities.It is a rewarding proposition especially for those doing a CA,ICWA or CS.All in all,an MBA in finance offers a highly challenging job environment and a very stimulating career.
If the word 'brand' ticks with you,marketing is the place to be.It involves putting the product in a market and making it sell.It is a complete front-end activity that requires one to be in the market to gauge what works and what does not.An MBA degree in marketing will prepare you in different areas like ideating a concept,research,advertising,marketing strategies and promotions.As a part of your final projects you can expect activities like creating your own brand and marketing it to the public to give you a feel of the actual market.If brand management and sales management is what interests you,an MBA in marketing is the way ahead.
Interpersonal relations are at every level in the organisation and those in the human relations department are responsible to strike a balance.The role of a human resources person involves dealing with people at various levels in the organisation and maintaining cordial relations with one and all.The common role of an HR person includes dealing with recruitment,staffing,organisation structure,work environment,employee retention,and a host of other activities.An MBA in Human Resources will train you to deal with people,maintain calm and deal with unstructured situations at hand.If you are a people's man,a smooth talker,someone who can negotiate well,this is your domain.
Operations management deals with taking care of the supply chain activities of an organisation starting right from areas like inventory management,vendor management and the overall sourcing activity.It mainly looks into the back-end processes of the company that help achieve efficiency levels in an organisation.Since this field involves need of technical knowledge,an MBA in Operations Management will help you train better if this is your area of interest.
With all activities increasingly getting computerised,systems management has assumed great importance in current times.The IT department of a company integrates all the systems and creates linkages.Under systems management,one has to handle the entire IT requirement of the company starting with creating,coding,updating different software,regular monitoring and maintenance of the computer systems and the server and so on.
Different B-schools are known for their different specialisations.So once you have decided on your field of specialisation you should choose your B-school such that it is the best in your chosen field.Also,one must also decide whether one wants to pursue a one-year or two-year MBA.The one-year course is more intensive and so it is preferably a better choice to opt for a two-year programme that allows more time and further specialisation in the second year.There is also an option of doing part-time MBA which runs over three years.
Several universities have also started offering dual specialisations that help the students get knowledge of two different fields during the course tenure.Generally,one subject has to be chosen as the major and another one as the minor subject.So if you are interested in both finance and systems,you could major in finance and select systems as your minor subject.Apart from the conventional streams available,many schools are offering highly specialised subjects like retail,hospitality,media and so on as other options to choose for within dual specialisations.Many schools also offer comprehensive twoyear MBA programmes for the same.
The MBA programme today is no more restricted to the conventional streams;there is an MBA programme for even a peculiar field of interest - be it arts or biosciences or pharmaceuticals or even something as niche as Islamic banking,petroleum management or even wine management.However,it is advisable that one clearly understands what subject one is most comfortable with to select the right programme for maximum effectiveness in their job run.And those with a chunk of experience on their CV can always consider an executive MBA programme to up their resume.

MBA-OVERSEAS OR AT HOME

AT IMT-DUBAI,ALL PROGRAMS ARE DESIGNED TO DELIVER BOTH ACADEMIC KNOWLEDGE AND PRACTICAL KNOW-HOW


Excerpts from a chat with Dr.Farhad Rad-Serecht,Director,IMT Dubai,wherein he speaks on the need of a holistic approach in choosing a management institute...
Internationally,management education is changing rapidly and prospective students looking for the "right" management program should consider various factors in making their final choice of the school to attend.Too frequently,students tend to consider exclusively the rankings as a sole criterion for choosing the school or the program.However a more holistic approach is necessary to identify a suitable program to shape your life-long career.
Some of the recent trends in management education and their implications are highlighted below:

Experiential Learning:

Management education can no longer be confined to the boundaries of the classroom and the campus.Companies are increasingly looking for graduates with right operational skills and not just academic knowledge.The ability to apply the tools learnt in the classroom to the workplace is therefore of paramount importance.Programs offering within their curriculum opportunities such as fieldwork,internships,company projects etc.are undoubtedly of a higher value as they lead to a better preparation and employability.
At IMT,Dubai,experiential learning is at the centre of the learning philosophy and all programs are designed to deliver not only pure academic knowledge but also the practical knowhow and the skills required in a workplace.

International Exposure:

Cross-cultural exposure,both academically and practically,is increasingly valued by the corporate world particularly the MNCs.In an increasingly global world,the ability to understand and cope with different business cultures and practices and operate in various markets is highly valued by the prospective employers.As a result programs offering study abroad opportunities (for a semester or more) and international internships assignments add more value by increasing the geographic mobility and employability of the graduates.
IMT,Dubai is offering double degree options with various international partners in addition to the regular student exchange programs.

Industry Relevance:

Programs in line with the industry needs,having a more practical approach,and with continuous industry interface are perceived to be of a superior value by the industry.Therefore industry interface,adequacy of the curriculum to industry requirements and professional orientation should be considered as a major criterionin selecting the right program.

Interpersonal skills:

The growing complexity of both international markets and corporations,the volatility of the environment,the necessity to cope with change and diversity require strong interpersonal skills to adjust,adapt and cope with the requirements of businesses and career development.
In summary,management programs that combine internationalisation of program;are aligned with industry needs;have an intensive interface with the industry and develop interpersonal multidisciplinary skills,deliver better value to the student.

MANAGEMENT CAREERS IN GERMAN ORGANISATIONS

IGTC PARTNERS WITH TOP COMPANIES FOR PRACTICAL TRAINING


For years,German companies have been industrial leaders,admired globally for their technical expertise,precision,and perfection.One of the cornerstones of the successful brand Made in Germany is their professional training based on the German Dual Education System,whereby practical training is imparted by German organisations and theoretical classes are conducted and certified by Chambers of Commerce.
In India,Indo-German Training Centre (IGTC) - the Management Training Division of the Indo-German Chamber of Commerce - has partnered with the leading German companies like Audi,BASF,Bayer,Bosch,Deutsche Bank,Evonik Degussa,Hella Electronics,Lanxess,Merck,Schaeffler,Siemens,and Volkswagen to replicate this German Dual Education System and groom potential management trainees for their future requirements.Jointly,they conduct an 18-month full-time Post Graduate Programme in Business Administration,wherein one year of general management theory at IGTC is integrated with three cross-functional,on-the-job training stints in partnering organisations.
Ms.Radhieka R Mehta,Director,Indo-German Training Centre,says: "Our distinctive program offers graduates an excellent opportunity to shape sustainable careers in commercial and techno-commercial functions such as Marketing,Accounting,Controlling and Finance,Purchasing and Procurement,Logistics and Supply Chain,Human Resources and Corporate Communications in German organisations.
Since the companies are involved during the admission process,the student becomes an intern of an assigned organisation right from the beginning of the programme.The training process is preplanned and he/she receives projects and assignments according to his growing abilities.He/she develops under real conditions,being a part of live projects in the industry and benefits significantly by acquiring business knowledge and soft skills from his/her experienced colleagues and industry mentors.It is also a win for the partnering companies as they have the opportunity to develop the trainee to meet the company's specific requirements,thereby eliminating induction costs as well as wrong hiring decisions.
IGTC boasts of an impressive placement record with majority of the students continuing to work with their training companies in exciting and meaningful profiles.Final recruitment packages at IGTC range between Rs.4 to 8 lakh p.a.The alumni have scaled great heights on the corporate ladder to hold senior managerial positions in organisations."
IGTC is now opening admissions for its Batch 2012 - 2014.Fresh / experienced graduates,especially engineers (mechanical,production,chemical and electronics/electrical) and commerce students,with a good academic record are invited to apply.The twostage selection process will consist of the IGTC Written Test and Group Discussion in May 2012 followed by Personal Interviews with the partnering Indo-German member companies for selection as a management trainee in June 2012.
To apply,students can download the admission form from www.igtcindia.com.The last date for application is Monday,16th April,2012.Contact: IGTC Mumbai: +91-22-22822002 / 22834773 mumbai@igtcindia.com,www.igtcindia.com

INDIAN B-SCHOOLS CLIMB UP THE RATINGS

A GLOBAL SURVEY NAMES FOUR INDIAN INSTITUTIONS AMONG THE TOP 10 IN THE ASIA-PACIFIC REGION


Four Indian institutions have made it to a list of top-10 Bschools in the Asia Pacific region,in a recent survey,in a strong indication that Indian business schools have strengthened their standing among international employers.The QS Global 200 Business Schools Report 2012 notes that Indian B-schools have moved up in almost all specialisations in Asia-Pacific rankings.
The report,which names 36 top business schools in the region,including 11 in Australia,points out that India has improved considerably in recent times,with six schools on the list,including four in the top 10.
The Indian B-schools that have made it to the top 10 among the Asia-Pacific region are Indian Institute of Management Ahmedabad (2nd),Indian Institute of Management Bangalore (5th),Indian School of Business (7th) and Indian Institute of Management Kolkata (8th).The other two business schools named include S P Jain Institute of Management and Research at 16th rank and Indian Institute of Foreign Trade which made the cut this year for the first time at 21st place.
Business schools in India are continuing to climb up the ratings,the report observes."In an economy that is rapidly growing in global importance,the rise in employer opinion of MBA graduates is extremely promising in ensuring development of future business leaders to sustain the fast-paced economic growth,"the report said.It also observes that business schools in the Asia-Pacific region are strengthening their position in the global MBA education scene.In 2004,only 10 Asian and Australian schools had been included;the number has gone up to 36 this year.
"Economic growth in some Asian countries,particularly in China and India has heightened the demand for more accredited business schools in the region in order to train the next generation of successful business leaders,"the report said.
"In a world that is growing more integrated by the year,the importance of future business leaders having an international outlook cannot be underestimated,"says the recent report on B-Schools,the QS Global 200 Business Schools Report 2012.
"In their quest to ensure MBA students are given the international exposure needed to operate in the heavily globalised world that they work in,many business schools place a high importance on international class diversity."
The report,based on details provided by 2,000 employers who recruit MBAs,notes that while business schools in Asia are still in the developing stages,the rapid rise in the number of schools meeting their criteria are very impressive.
It points to a fastpaced increase in the quality of the region's MBA programs which are increasingly being recognised by international employers".
The report notes that management education is globalising,with the last decade having seen an increase in the number of accredited business schools in emerging markets such as in the BRIC countries (Brazil,Russia,India,and China).Pointing out that while B-schools in Europe and the United States are still the most popular,it finds that those in the Asia-Pacific region are gaining in popularity.
The report refers to the rise of the BRIC nations,saying: Throughout the QS Global 200 Business Schools Report,one theme in particular stands out: Indian business schools are fast gaining popularity among MBA employers.In almost all specialisation ratings,Indian schools have climbed considerably when compared to last year.
The QS report observes that this is even the case for international management,as while Indian business schools feature lower down the rating than they do in other specialisations,they are still climbing and showing promise in developing a greater international outlook among their MBA graduates.

Tuesday, 21 February 2012

Consulting Companies to save the day for B - Schools.

More freshly - minted MBAs from top B - schools are likely to make their way into consulting this placement season. Record hiring by Boston Consulting Group and Mckinsey & Co at B - school campuses this year and fewer offers from the traditional top recruiters, investment banks, have shifted the focus from the high - paying finance sector to the all weather consulting companies.
BCG kicked off the IIM placement season by hiring 17 at the Indian Institute of Management - Ahmedabad on Monday, six more than the previous year. Last month, Mckinsey picked 17 grads from the Indian School of Business, stepping up its 2012 hiring by 50% at the institute.
Apart from BCG and Mckinsey, companies like Bain & Co, AT Kearney, Accenture and Oliver Wyman visited IIM - A on the first day. An IIM - A alumni says consulting compnies offered packages between 22 lakh and 27 lakh for domestic roles this year.
Higher consulting offers are a bright spot in what is turning to be a tough year for B - school graduates.
Tier II B- schools are feeling the slow - down pitch a bit more.
IIM - Calcutta, which kicks off its final placements, expects consulting to be strong. " I - banking is looking tough, and some of the i - banks are not participating. We will see more offers from consulting compared with last year." says placement chairperson Amit Dhiman.

Monday, 20 February 2012

7,000 STUDENTS TO TAKE CMAT TODAY


All India Council of Technical Education (AICTE) will start the first ever nine-day testing period of the Common Management Admission Test (CMAT) on Monday. About 70,000 candidates have registered for this computerbased examination that is being conducted at 69 centres in 61 cities.


With around 7,000 candidates are appearing on Day 1, Mumbai, Pune and Jaipur have registered the highest
number of candidates who wish to appear for the CMAT. SS Mantha, chairman of the AICTE said, “Our only aim is to not put undue pressure on candidates. Hence the objective of a single test for admission to management courses across the country.”


The CMAT will be conducted from February 20 to 29, 2012 with two sessions on each day. Registration for the first session will start at 8am. The first testing session will start at 9.30am which will continue for three hours. Immediately, at 12.30pm, registrations for the second session will start and the test will be conducted from 2pm to 5pm. “We have taken care at our end to ensure zero glitches during the test. But, considering it is a technology-based system, and we are also conducting it for the first time ever, we will see how it fares
on day one,” said Mantha.


CET has fewer takers, CMAT to replace it.......

The number of students who have registered for the Maharashtra State Common Entrance Test (MH - CET) for management this year has fallen to 85000 compared to 90000 applicants last year.

Two years ago, 1.05 lakh aspirants had appeared for the CET. This is the last year of the state CET, and will soon be replaced by the Common Management Admission Test (CMAT) that is being introduced by the All India Council for Technical Education (AICTE).

This year business schools in the state will accept both CET and CMAT scores from candidates. "Fewer students may have registered for the CET because they have the option of CMAT as well," said a senior official from the directorate of technical education, which conducts the state CET.

The last date to apply for MH - CET was Saturday. Candidates who missed the deadline but still wish to appear for the CET can pay a late fee of Rs 1000 and submit their applications on Februaury 22 and 23 at Sydenham College, said the official.