MBA News Worldwide

Have a Question? Ask Us..

An Expense Center is a cost center with an output that cannot be easily measured. Managers of these units typically have fixed budgets and should maximize service or output within that budget. Because the cost per output is difficult to measure, the users of an EC are generally not charged directly for its services. Rather these entities are paid via the overhead costs. As a result, the users of an EC tend to over consume its services. This then leads the manager of the EC to request additional budget. Typical examples of these organizational entities are Human Resources, Accounting, Public Relations,

Cohen & Company, a global alternative fixed-income asset management firm with approximately $40 billion in assets under management, today announced that its specialty asset management and lending subsidiary, Emporia Capital Management, has named Wade T. Winter, Jonathan S. David, and Richard J. Barger, as Executive Vice Presidents in its leveraged loan asset management business, effective immediately. Reporting directly to Kevin Braddish, Managing Director and Emporias Chief Investment Officer, the three new senior executives will be based out of Emporias Los Angeles offices. Among their responsibilities, they will spearhead the expansion of Emporias product offering in the leveraged loan market with

Thiruvananthapuram: Mar Athanasios College for Advanced Studies (MACFAST) is the orientation of the Association Xavier Institute of Management (XAMI) Student's fixed and interface Faculty 2004. Dr. Abraham Mulamoottil, Principal, said the fixed and interface programs MACFAST takes place on the campus and SB College, Chanaganachery, November 5, 6 and 7 XAMI is a grouping of 18 B-schools founded in India in the purpose of enabling the exchange of experience and know-how in the field of education. It includes institutions such as XLRI - Jamshedpur, XIMB and XIME, Bangalore. This is the first time Kerala is hosting a big event, "said

Chennai, Dec. 21 - IDBI is avoided, Rs 750 crore of provisions due to a transfer of Rs 9,000 crore-odd non-performing Assets (NPAs) to the property Gestressten-stabilization fund, which IDBI chairman and chief executive officer, Mr. Damodaran, said on Monday, Business Line. In an informal chat on the sidelines of a conference organised by the Institute for Financial Management and Research (IFMR), Mr. Damodaran explained the ins and outs of the "unique" model for the management of NPAs. Under the proposed regulation, Rs 9000 crore of NPAs shall comprise books IDBI, in the stabilization Gestresste Assets Fund. IDBI get, in return, in

MBA Tag Clouds