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.”

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The Faculty Council of Indian Institute of Management, Calcutta (IIM-C), Tuesday, a petition before the Supreme Court for impleading itself as co-respondents in the case of PIL against cut costs, for HRD on the Union in all Department of IIMS Government of the European Union.

Hearing on PIL is scheduled to begin on 16 April.

The IIM-C Faculty decided to representation, whoever may be made by the Board of Governors of the Institute. Prof. Asish Bhattacharyya, Dean (planning and management) of IIM-C and spokesperson of the Faculty, said the Business Line, there is a clear difference between the opinion of the Faculty and some members of the Board of Governors Tax on the issue of interface and the exercise of autonomy of the Institute.

The Faculty Council felt that the independence of representation should be addressed to bring the case before the Court of art.

“The Faculty feels that some members of the Board of Governors can not exercise their independent judgement in the interest of the institute. It is therefore responsible for the faculty, for the interests of the Institute, its teachers and students present and future, “Spokesman.

The Faculty Council, in its application at the end of court, said that “autonomy have so far by the Institute in the pursuit of excellence, not by any political or bureaucratic influence, it would be possible to l ‘Institute, to achieve their current status.

The Faculty is therefore every interest in ensuring that these non-interference in its affairs under way should continue, so that the Institute could be the target, without distraction. ”

Prof. Bhattacharyya also stressed that for the question of standing was concerned, has always questioned, the respondents in the previous hearings, the Institute of the Faculty was better placed than the Alumni Association of the IIM - C. He said, however, were Alumni of transition assistance of the Faculty.

The IIM-C Board of Governors In the meantime, was unable to formalize its response to the Apex Court directive last week for a model to 16 April.

According to some sources, the technical problem of convening a meeting of council is therefore a period of 15 days.

The director of IIM-C and the chairman of the Governing Council understood to have discussed issues related to the Institute’s response to the edge Court directive also as a form adoption of the resolution drafted by the presidency.

The fate of the planned meeting between the Faculty and the president on 15 April seems uncertain, given the evolving situation. Informed sources suggested that IIM-C could try for some time by the Court of art for its presentation, but is optional.

How IIM, Ahmedabad, the Supreme Court today for some cases, pressure on IIM-C, for a formal presentation.

After dumping taxes in the six IIMS, the HRD ministry has its eyes on other B-schools in the country.

The ministry is governed by the All India Council of Technical Education (AICTE) to follow the recommendations of the UR Rao Committee and the state fee committees, once their reports, Slash and costs of all schools B.

Among the prominent institutes, which is perhaps in the line of fire of the line Indian Institute of Foreign Trade (New Delhi), Jamnalal Bajaj Institute (Mumbai), Symbosis (Pune) and XLRI (Jamshedpur). There are over 600 institutions managing the AICTE, all may have to reduce their costs, less than Rs 40,000 per year, ministry officials sources said. Currently, fees range from 60000 to R RS 1.5 lakh.

The UR Rao Committee has already, with its recommendations, which were used by the ministry to justify its decision to reduce taxes on IIMS 80 per cent. A Ministry said government sources charges committees its recommendations to the AICTE within two months.

It is that time of the year again when thousands of students across the country appear for a slew of entrance examinations conducted by various business schools in the country.

This year, the examinations begin on November 11 and end on January 6. Unfortunately, Symbiosis National Aptitude Test (SNAP) and ICFAI Business School Aptitude Test (IBSAT) are scheduled on the same day (December 16).

Speaking to The Hindu, Ajay Arora, Director, Triumphant Institute of Management Education, Bangalore centre, said that the clash in the dates of a few management aptitude tests is not uncommon. “I do not know what the fuss is all about. Every year, something similar happens,” he said.

Last year, the entrance exam for Faculty of Management Studies and Narsee Monjee Aptitude Test were held on the same day. “One cannot blame the institutions for the clash in dates. The best time to conduct the entrance tests is between November and January, as the students will not be over-burdened with mid-term examinations,” Mr. Arora said.

The admission cycle is such that for a programme to commence in June, the entrance test must be conducted between November and January, so that the results may be announced in April. Mr. Arora said that around 20,000 students of the country appear for the IBSAT and 18,000 to 20,000 appear for SNAP. “The question is how many of those students will appear for both the entrance tests. That group is not very big. The number of students ‘affected’ is minimal,” he said.

Who are the Snow White and Seven Dwarfs of the corporate world? Ever heard of co-opetition? And how does one term mutual funds that will not cover liquor companies?

Not just the competitors, even the audience had a fun time, guessing answers to these questions at the finals of the business quiz, conducted by the IIM-Ahmedabad Alumni Association’s (IIM-AAA), Chennai chapter, here on Sunday.

In the end, when the Bharathidasan Institute of Management, Tiruchi, walked away with the IIM-AAA Anchor Cup 2006, it was a well-earned victory, followed by S.S.N School of Management in the second place and Bangalore’s ICFAI Business School in the third. The P.S.G Institute of Management, Coimbatore, stood fourth.

The quiz was being held to sensitise business school students in south India to the latest corporate happenings, said A. Satish Kumar, president, IIM-AAA Chennai chapter. Anchor Health and Beauty Care was the chief sponsor.

The preliminary written test had been conducted in Chennai, Bangalore, Coimbatore and Madurai. The finals consisted of 12 rounds, including an audio-visual round, two oral rounds and a rapid fire round, with quizmaster S. Jagan keeping the momentum going.

The last winner of the trophy was also BIM in 1994 after which the quiz was discontinued till the IIM-AAA decided to re-launch it, Mr. Satish Kumar said.

Handing over the cup to the winning team, N. Murali, Joint Managing Director, The Hindu , said such quiz contests should be made part of the college curriculum as they were not just clean fun but also of educational value.

Several times a week for two years, Abraham Zaleznik, a professor at Harvard Business School and practitioners psychoanalysts, was created by the president of a large American group to his supervisor a plush offices of Boston’s skyscrapers. In order to write a biography of the committee, Mr. Zaleznik settle a slight lead chair and begins his tape recorder, and the businessman would talk about his ambitions and emotions, projects, it took declaration of love and its plans.

Hundreds of hours of interviews, history was born a company president, was able to feel like the seduction of power, was forced to make decisions that stirred his sense of fairness. Mr. Zaleznik its theme and spoke about the businessman’s regrets and lessons to learn from its experiences.

But the executive decided at the end of completing the book. ”I think there were some ambivalence about him, because he knew he was not able to be on a podium,’’said Zaleznik. Unfortunately,”I do not think he understands the importance of his life.”

The psycho-biographies aside for typical problems related to the review of the personalities of leaders: They are not always willing to discuss or allow the study, as they think. But Mr. Zaleznik persists, try inside the heads of corporate head interviews, observation and psychoanalysis at work.

In order to study on the psychology of the entrepreneur, Harvard University, last month appointed the 59 years of solitary Konosuke Matsushita Professor of Leadership.

The chair is equipped with a donation of $ 1 million by Matsushita Electric Industrial Company of Japan, for the first time a foreign company has stiftete a professorship at Harvard’s Graduate School of Business Administration. The grant is the result of negotiations in 1981 by M. Zaleznik and a colleague who went to Japan for funding is requested.

”In the past 25 years, emphasis on Business Schools was to improve the technical skills of students so that they can better financial analysts, statisticians better, better enforcement of economists’ ’said Zaleznik, in an interview at his Lexington home, Out of Boston. ”We have lost what I believe is an important idea that the execution of an organization with a human dimension. I see this chair as a determined effort to really detail in the centre of an organization.”

Other teachers not to ignore the factors of personality, but a lot of stress management courses organization charts, with lines of the Authority, productivity and rewards. These can be learned, thought, but it is difficult to negotiate someone for a certain type of person.

Professor Zaleznik says, however, that the company’s success is more by the personality of their leaders by how they are organized. The person in charge, he said,”is the instrument by loyalty and morality is created and people are motivated.”Personal relations between the leadership and downstream are more important, he added, that those reports to a staff member. And he said, students can indeed learn how personal relationships.

Professor Zaleznik has isolated the approach of the Harvard Business School, and collected a few eyebrows as if the date was announced. Le”doyen knew very well that this would be a controversial appointment,’’said a person familiar with the decision requested not mentioned.

The analogy may not be far, some observers of the book industry used to say. Editors, publishers of educational books, in particular, have long used, book sales of reprints churning out every two years. But the Internet, particularly sites like Amazon and eBay, millions of consumers an easy way to find cheap books - often for less than $ 1 - without license fees to pay publishers or authors.

Mass-Market publishers are not safe, used books interesting phenomenon is a problem of addressing, but also others in the industry have their heads.

“We believe it is not good for the industry, and it has an effect, but we can not measure,” said Paul Aiken, executive director of the Authors Guild, a trade group . “It has always been used book sales, but it is always background noise something. Now it is on the right side of the light of a new book on Amazon.

Lorraine Shanley, a senior partner at Market International, a consultant on publication, said the industry was just starting, for the dimensions of the problem.

“Good business for consumer policy are books such as Napster, it was the music industry,” she said. “The question is” How does the book industry address its used book problem? “There is no simple answer, especially since nobody is breaking any laws here.

Shanley, whose company reported on used books this month in their newsletters, publishing trends, said that publishers were beginning the consequences. “We asked publishers, like many a topic, and the answers are” I also many other problems to deal “or” Yes, this is a problem, but it is not easy solves I can ‘t really concentrate, “she said.

Greg Greeley, Amazon Vice President or media products for North America and Japan, strenuously disagreed with the idea that online sales of used books for the publication of the branch. And some publishers are not really for this e-Business used as a problem.

“It is often argued that there are two types of buyers,” said Chad Haight, publisher of Seattle-based Sasquatch Books. These are the bargain hunters, go to bookstores used by the search for a Deal, then he said, are those who, “Go into bookstores often looking for new books. It is d ‘ another category of customers. ” The discount to buyers, Haight said, it is expected by the end of shopping on Amazon.

“I think that they (in the case of Amazon), welcomed the availability of the publication industry,” said Haight.

Furthermore, he added that, unlike the music industry, publishing world has never planned books to a single user of the product. In fact, sharing a good book, that most, it seems almost like a moral obligation.

“We have always believed that if you sell someone a book, they are likely to redistribute it to someone,” said Haight, and added that this may help, mouth-to-mouth resuscitation on an author, editor for an end higher turnover across the line.

Pat Soden, editor of the University of Washington Press, he said more concerned about critics see copies of books, which are not available for retail, are resold.

It is a system that offers numerous references to the correct terminal. Management of men, materials and the image of an institution.

The students’ register Delhi University (DU), manages the admission of more than 500 students at sea each year, ensures that the experience is smooth for her.

Even as their Indian counterparts welding it out in serpentine queues, foreign students go through the completion of formalities for admission with ease. A little planning in advance, this aspect is simple.

Students from more than 50 countries for admission to the AU per year. The process begins in January, when the issues of registries formal notification to all countries. The information is also available on the website of YOU.

“We expect the students, their applications not later than the end of April,” informs Professor AS Narag, foreign students “consultant. A professor at the Faculty of Management Studies (FMS) since 1969, Narag place all tools, although the system oiled.

After a short list of students, eligibility requirements are the letters at the end of May to allow them to apply for student visas.

“Most students come from the first week of June and formalities. As a general rule, they have a pleasant experience,” Narag informed, this mandate has been for the past 17 years.

Aziza Zyivoddin Khan of Uzbekistan, here’s you connect to the MBA program has agreed not to have to go through the usual loops.

Your elder sister Zyivoddin Feroza Khan, followed by an MBA from FMS, but believes that it is a little more junior level are responsible for advising small problems faced by foreign students in their daily routine.

Narag recognizes that the university is positive prejudices vis-à-vis foreign students. The diplomas for students are heavily subsidized - they pay only $ 100 per year to their schools.

However, the university is a single registration fee of up to $ 300 for Undergraduate courses, $ 400 for Post-Graduate Programs and $ 500 for MPhil and PhD. On an average of 500 students enrolled each year, you in a cool Rs 70 lakh.

“This happened for a good Corpus created for better opportunities for students,” said Narag.

A State-of-the-art International House students for women is an example. The hostel, inform Narag, everything - from microwave ovens on rice cookers and washing machines.

“Do you think these students go to the ambassador of our brand and help the country’s image management,” said Narag. Indeed, current high Commissioners of Uganda, Ethiopia and Mauritius are old.

“Once I met with three government ministers of Uganda, had studied at YOU,” remembers Narag. The majority of foreign students come from the SAARC countries, but also more recently, students from countries in Southeast Asia have also been coming in

As always, you professionals are faced with the problem of deciding whether or not to join higher education or remotely via the campus mode. They asked the settings in different perspectives.

As an engineer, you have decided, in the field of materials management, which is encouraging. As fresh diploma, you need to examine the program at regular intervals with the Indian Institute of Materials Management (IIMM)

It could be graduation diploma in regular Materials Management (GDMM), which is managed by the Human Resource Development Ministry for the purpose of obtaining staff to senior posts and services in the central government. At the end of the program, you can exercise, as an MBA (Material Management) as a regular / student correspondence lateral entry into the system, which lasts one year. Under this plan, you’ll be able to make a mark. MP Bhoj Open University is recognized by the UGC, IAU (Association of Indian Universities) and AICTE and, therefore, there is no discomfort in monitoring the course by IIMM. In Bangalore, you can contact the Indian Institute of Materials Management, 304, 3rd Floor, Mittal Towers, No. 6, MG Road, Bangalore-560 001 Tel: 25327251/25327252.

November 1 (PTI Economic Service): NIIT, the name is synonymous with information technology services and solutions providers so far, has recently diversified in the training of managers and professionals Banking. To that end, the company has three new schools - - NIIT Imperia for the training of management personnel; NIIT Litmus qualified personnel for human resources companies and hunger IFBI ITES (Institute of Finance, banks and insurance), to meet the exponential growth of financial services sector in India and overseas markets. NIIT has already announced an investment of about Rs 27 crore in the next three years for all new businesses. Under the IFBI and Imperia, it is first six centres, which would be increased from 15 at the end of next year and 75 in 2009.

In the first phase of strengthening Litmus, NIIT, four specialised centres in Delhi, Mumbai, Chennai and Bangalore. In the next three years, Litmus centres in about 150 cities. With NIIT Imperia, a person does not need a break from the bid management graduate of the Indian Institute of Management (IIMS). Three IIMS - Ahmedabad, Calcutta, Indore and the executive are now its development programmes at the disposal of six distance-learning Center in the country on the technology available to NIIT. NIIT has recently announced a public-private partnership with three IIMS to start Imperia, the management of labour market training frameworks for synchronous learning with technology. The content, teaching and certification and knowledge of the area is one of IIMS, while technology, synchronization classrooms across the country and managing the education system are distributed by NIIT. “Currently we have six advanced learning centers in six cities (the four metros and Bangalore and Hyderabad) for an investment of 5 crore business in the next three to five years, we hope to reach 75 cities of RS 20 crore investment, ”NIIT Chairman Rajendra S Pawar said.

First, two programs each participant IIMS would be proposed. It includes three general management programmes for professionals with a minimum of three years experience, six or 10 years, Indore IIM, Ahmedabad and Calcutta, respectively. A strategic programme of Business Communication of IIM Ahmedabad, a course on finance Applied IIM Calcutta and a programme of sales and marketing management of IIM Indore are available. The programs are pricing in the field of R-54000-R 2.00000. The content, teaching and certification programs under the Imperia is one of IIMS and technology synchronous classrooms across the country and management of education system would be distributed by NIIT, he added . — Learning synchronous technology allows remote access to classrooms to live with the Faculty teaching establishments. The classes will be run after working hours and weekends, allowing students to continue their work and education simultaneously. Under the system of the Faculty, an internal studio is located inside the campus of the IIMS and students, through meetings, interactive two-way video and audio and other software to replicate face-to - face teaching. The diversification of hunting activities in the head of the company, NIIT has also recently a new institute, NIIT The court, which would have qualified personnel human resources ITES hunger.