Five post-graduate programme (PGP) students of the Indian Institute of Management, Ahmedabad (IIM-A) have set up a Private Equity (PE) and Venture Capital (VC) club to help students get hands-on experience by involving PE/VC players from India and abroad. Unlike finance clubs run by most B-schools in the country, this club exclusively focuses on PE and VC funding.

The lack of opportunities and experience in the PE and VC space led five students to set up the club called ‘Leverage’. With around 50 students interested in being members, the club will be a forum for students interested in all aspects of private equity and venture capital.

“We came up with an initial skeletal structure of the PE club by looking at institutes like Harvard and others from the Ivy League. But the end product has been entirely our idea of how a PE club should be. Although we prefer to call it an interest group for the time being, we plan to run a full-fledged club with more activities soon,” says Anirudh Singh, a member of the club.

“PE as an industry has boomed in India and we plan to invite speakers to the campus, hold conclaves, workshops and other events to provide a platform for the students and corporates to interact. Also, we are looking forward to hold intra-institute events, where the students can write an investment proposal and a panel of faculty members can judge them.

We have no restrictions when it comes to corporates as we would be involving both top- and middle-level players to encourage more and more activities in the field of PE and VC,” says Gagandeep Singh, another member of the club.

As part of formalising the club, the students are holding the first intra-institute event called the ‘Zen of Investing’, where the club plans to invite alumni working in the area of private equity, besides involving the faculty and students for the activity.

The club also has plans to tie-up with Post-Graduate Programme in Management for Executives (PGPX) students to getter a better perspective of private equity. “The PGPX students would be able to share their experiences about private equity and with their support, we plan to involve ourselves with the corporates in a deeper way through various activities, including projects and case workshops,” adds Anirudh Singh.

The club is in talks with a few corporates, who have shown interest in sponsoring the club.

“We are considering more options for funding besides the institute and the corporates we are in talks with. Currently, we are in the stage of gauging the responses from the people about the club,” says Anirudh Singh, before adding, “Although we have started out PE and VC, we may consider branching out to other areas like micro finance later.”

More : business-standard.com

Indian Institute of Management, Lucknow today announced its fourth six months General Management Programme for Defence officers. This 24 weeks General Management Programme is the fourth in a series of such programmes being organized for Defence officers, and the first at NOIDA campus. The programme is open to both short service commission officers and others. The programme was inaugurated today at the NOIDA campus by the Major General, SG Chatterji, VSM, Director General, Resettlement.

The response to the first three programmes conducted by IIML was a huge success with all 49 officers of the first programme and 60 of the second getting good job offers. The third batch, which is undergoing placements right now, is also witnessing a slew of great offers. This year after applying the selection criteria 59 Defence Officers from all three branches of the Armed forces have been selected for the programme. Out of the 59 Officers, 7 candidates are Lady Officers.

“Management education to defence personnel contributes to providing defence officers a second career choice after retirement. But the larger role in the national interest is to prepare a disciplined and responsible citizen to play important roles in today’s competitive business scenario” say Prof. NK Gupta & Prof. SC Bansal, Program Directors.

The Indian Armed Forces carefully selects Officers and continuously trains them in the art, science and craft of WINNING. Every year, hundreds of these Officers retire, with rich experience in learning, critical reasoning, objective decision making, creative thinking, leading and motivating people, running organisations and managing projects. The aim of the programme is to capitalize on these skills of the officers and optimize them to suit the corporate world’s requirements.

As in the past, the fourth programme is also expected to generate an enthusiastic response from the corporate world and given the intense nature of the programme it is sure to equip the participants with the necessary skill set so very essential to conquer the corporate world.

The objective of the GMP is to provide the participants with a basic understanding of the managerial systems and processes. The programme has been designed to provide the defence officers with basic functional inputs in subjects such as accounting and finance, decision sciences, organizational behavior, human resources management, communication skills, marketing, strategy, information technology and business environment.

The idea is to familiarize the officers with the requisite analytical tools and techniques; and develop a holistic perspective and global mindset to understand issues of an enterprise.

Source : prurgent.com

For Indian Business Schools with global ambitions, Singapore is fast, hot as a goal. Earlier this year, IIM Bangalore announced its plans for the creation of a campus. And now Mumbai-based SP Jain Institute of Management and Research expects to likewise.

If this SP Jain overall the second incursion within two years. In 2004, the Institute has a campus in Dubai and was the first to offer a full residential full-time MBA program in the Middle East. Beflügelt by its success, it now has its sights on Singapore.

It is interesting to note that both SP Jain and IIM-B-plane orientation of the Indian diaspora in Singapore. Nearly 7.9 percent of 4 million people of Singapore are of Indian origin, this is the third ethnic group by the Chinese (76.8 percent) and Malays (13.9 percent).

IIM-B is planning to target the leaders to work in Singapore is short-term programmes Executive Education and Executive MBA, while SP Jain can be full-time program or an Executive MBA. “What are we going programmes make a bit of localization,” says ML Shrikant, dean of volunteers, SP Jain. “There will be a strong component of India programmes, such as the Modern World increasingly interested in India in the region, “she added.

Both IIM-B and SP Jain plan to fly down right in India. This could lead to a serious crisis of the resource, especially for SP Jain, given that the same option is also Deputy Director of Dubai. “This is probably a lot more pressure on resources, therefore we are in the process of the Faculty employs more,” said Shrikant

In today’s highly competitive corporate world, working professionals are keen to upgrade their skills and qualifications like never before. SP Jain Center of Management, a business school that offers programs of intensive management business, both working for executives as well as full-time students, recently sought applications for its Executive MBA second batch of sixty and was overwhelmed by the response.

SP Jain Center of Management, located at Knowledge Village, Dubai has a legacy of being at the cutting edge of management education. Its parent campus, SP Jain Institute of Management and Research (SPJIMR), ranked seventh by Asia Inc, the Singapore based business magazine, and India’s top business school for job placements, has been constantly innovating not just the curriculum and pedagogy but also the imparting methodologies employed in business education. These advances are now available at Dubai’s SP Jain campus for the region’s business management aspirants to benefit from.

Bangalore, March 16. COGNIZANT Technologies has been the biggest recruiter in the Indian Institute of Management, Bangalore’s (IIM-B) campus recruitment programme this year, notching up 24 of 180 students.

“They made 30 offers, but were accepted by 24 people and this is the first time that an IT company has made so many offers,” said sources in the institute. This year’s batch was snapped up in record time, according to the institute. In just two days, all the offers were made and accepted.

At the IIMs, ’slot one’ companies (chosen by the students) are given the first two days to conduct their placement process. This year, there were 14 companies that made 100 plus offers on day zero. These include Dresdner KW, Capital One, McKinsey Consultants, AT Kearney and British Petroleum. The ’slot two’ companies were P&G, HLL, ICICI, ABN Amro and Cognizant Technologies.

Officials, however, refused to reveal the average salary, as the details “are yet to be computed.”

Bangalore: ICFAI Business School (IBS) began in 2008 authorization of two years MBA program, said the director of Bangalore IBS TR Venkatesh.

Sharing the calendar of events, on Friday said IBS Venkatesh, Bangalore, recognize, some 500 students, including participation in national competitions. IBSAT, the entrance test will take place in 200 centres, December 16.

According to the timetable, the deadline for filing the application is 20 November. Interview and approval of the decision, in the admission examinations will take place between February 4 and 18 years.
New Campus

IBS said Venkatesh building was a State-of-the-art campus in Mysore Road, priced at Rs 70 crore. He said IBS has already acquired the land and worked other formalities. The new campus is a youth hostel for students and districts of the Faculty. It would be ready by June 2009, he said.

St. John’s University conferred 2,146 undergraduate degrees at three graduation ceremonies held over the weekend.

The Rev. Donald J. Harrington, president of the university, gave the keynote address at all ceremonies for the 122d commencement exercises.

Addressing the students at the campus in Jamaica, Queens, yesterday, Father Harrington told the students that “the quality of life in society rests upon the quality of education in our grammar and high schools and in our colleges and universities.”

Referring to the rioting in Los Angeles, he said, “Regardless of how we interpret the events of the past month, regardless of where we seek to place the blame, I submit to you that an essential part of any solution must be the renewal of the educational system of our land.” Industry, Health, Banking

At the first ceremony, held in Alumni Hall in the morning, an honorary doctor of commercial science degree was awarded to Michael E. Maher, an alumnus of the university who is chairman of Maher Terminals Inc. in New Jersey, one of the largest independent container terminal operators.

Sister Irene Kraus, president of the Daughters of Charity National Health System in St. Louis, received an honorary doctor of letters degree.

In the ceremony held in the afternoon, also in Alumni Hall, an honorary doctor of commercial science degree was awarded to Richard T. Greene, president of Carver Federal Savings Bank, one of the largest black-owned financial institutions in the nation.

Edward Mercado, director of the Office of Civil Rights for the Department of Health and Human Services, received an honorary doctor of laws degree.

On Saturday, a commencement ceremony was held on the Grymes Hill campus of the university in Staten Island. An honorary doctor of civil law degree was awarded to Josephine L. Gambino, president and senior member of the New York Civil Service Commission. Cornell University

Cornell University’s 124th commencement took place yesterday in a cold rain with temperatures in the 30’s, prompting the university’s president, Frank H. T. Rhodes, to cut short his prepared remarks to the 5,900 graduates. University officials said it was the first time in 17 years that it had rained on commencement.

Each of the graduates of Cornell’s 11 schools and colleges at the ceremony, which was still held outdoors on the campus in Ithaca, N.Y., was given a red rose. Mr. Rhodes used the occasion to remind them to “take time to smell the roses.”

Pankaj Mohindroo was taken at the time, Hindu College, where he visited Wednesday morning.

The 1983 lots from the Faculty of Business Economics was there for his daughter Divya admission to the university. ”The University has not changed forever. Only students to wear other types of clothing,”he said.

Several other alumni DU, visited the university for their children has been recalled, admitting their own universities nowadays.

If je”à St. Stephen’s, I found the administrative staff has always recognized. I passed out in 1979. The staff said, I now have gray hair,”laughed Subhash Sharma, a former graduate. He was there for his daughter Shobhita approval. According to him, St. Stephen’s exactly the same appearance, but die”DU coffee now serves as dosas and idlis, which they not, if I’m here,”he adds.

Another thing that has changed the way campus. Robes’’semblent disappear, for both boys and girls,”he adds with a laugh.

For Vandana Chak, YOU zahmer did.”I was in Hindu College in 1982. Now I just say my son, Dhananjay, my old school, and it makes strange feeling,’’she says. At that time”to start ragging, we arrived in completing the form below. Now, I can not ragging,’’she added.

RS Oberoi was before he Stephenian JOI-ned Engineering, remembers the day he came for his approval.

Together the Université”La road was crowded with students in a queue. I must say that its better organized”, he adds. His son, Tanveer, a student of Doon School, hopes to follow his father Stephen’s. All of these former students were surprised by the huge influx of students on campus.

MBA students of the Institute of Management in Kerala (IMK) are organising a South Indian Management Meet, christened ‘Mania-2004′, here on August 7 and 8.

IMK is the Faculty of Management Studies, the University of Kerala, and operates from the University Campus, Palayam, in the city. ‘Mania - 2004′ will be the 10th edition of a regular annual feature in IMK’s scheme of things right from year 1994.

According to student representatives of IMK, ‘Mania’ enjoys the patronage of reputed business houses across South India and draws participation from premier B-Schools. Last year, 21 institutions had participated and the Institute of Financial and Management Research (IFMR), Chennai, won the overall championship.

A forum was recently on the AVC College of Engineering in Mayiladuturai in the district of Nagapattinam, in the interest of personality development and improving the communication skills of students.

Dr.Arun V. Parwate, Principal of the school, the need for students to improve communication capacity to face interviews for placement.

Dr S. Rama Nathan, Director, Department of Management Studies at the university, to coordinate the activities of the Forum stresses in a oratoire Honing’s capabilities and recalled that the forum would focus on this aspect.

The Forum has ambitious plans, many training programs to negotiate self-confidence among students. The current generation of engineering graduates should try to improve their communication skills to achieve employability, Dr.Ramanathan said.

The PG-Department of Computer Science, Hans Roever Than Thai College, Perambalur, the campus has organized an interview last week for its students, has just been passed out of college.

Of the 100 graduates fresh MCA, M.Sc. Science, M.Sc. Information Technology skills, participated in the interrogation by the Nagpur-based Software Development Firm-Master-Software, ten candidates were approved by the company to its partners are working on sites in Tamil Nadu, as a trainee software engineers with a package of wage moderation. The company recruits Freshers exclusively for software management College, promised on the recruitment of candidates with skills in Hindi, in its development based Nagpur in central and northern India. The provision of training and troubleshooting.

The Master Marketing Executive Sivakumar software, and Software Engineer, Nitin Dange the interview conducted in the presence of the Principal, V. Ganesan, director, Duraisamy. The company also announced its plans for the recruitment of qualified candidates in the basement of the college for data entry.

The activities of the association Chemistry - Resonansone Club - JJ College of Arts and Science, Namanasamudram, Pudukottai district, was inaugurated in a function held recently.

N. Kalaiselvi, scientific, Advanced Battery Division, CECRI, Karaikudi, a conference on “Next Generation” current sources green “on the occasion.

A stated Dr. Kalaiselvi lithium batteries play an important role in various electronic devices. With the scratch, “said Dr Kalaiselvi the various potential candidates for secondary batteries. She gave an exhaustive account of the different types of lithium batteries, which could be regarded as the next generation of energy sources environmentally friendly. His briefing the various activities of the CECRI. Several models of lithium batteries have been an opportunity for students and was surprised to see a little size batteries to play an important role in food.