One of the most significant trends sweeping the Indian management education domain is the significant importance being attached to prior work-experience of MBA candidates.

Overwhelming percentage of students at IIMs and other top-schools are candidates with some prior work experience.

In the fresh data shared by IIM-L with MBAUniverse.com, a whopping 89% of candidates admitted to the Post Graduate Programme in Management (PGP) have some prior work experience. Significantly, just a year ago, only 50% of the batch admitted to PGP 2007-2009 were candidates with work-experience.

Informs IIM-L, “The total number of experienced students in 2007-2009 batch were 122 (50.41%) which has increased to 274 (89.25%) for 2008-2010 batch. This is an increase of around 49% in the total number of experienced students.”

As per the IIM-L batch-profile of PGP 2008-10, of the 307 students, there are only 30 female students. Last year the number stood at 14 female students. There are 24 NRI students as well. As much as 93% of the batch at IIM-L is made of students with engineering degree.

IIM-L has also admitted 5 students who have some physical disability, thereby become a more inclusive institution.

Sources : mbauniverse.com

AS A PhD student at Oxford University, Cleo Choong spent most of her waking hours at the lab, researching ways to help heal damaged bones with biodegradable material.

When she returned to Singapore, the bioengineering graduate wanted to market her work, but didn’t know where to start.

‘I was lacking skills in areas like finance and management,’ said Dr Choong, 29.

So, she enrolled in the executive MBA programme at at the Nanyang Technological University (NTU) in July 2007.

Dr Choong represents a new breed of student that the university’s Nanyang Business School is trying to attract.

Spring Singapore chairman Philip Yeo, who helms the school’s advisory board, said that many fresh graduates in science and engineering had a strong technical grounding.

However, they lacked equally important skills in other areas, such as training, managing and retaining staff, for example.

‘We want future technical people to become CEOs of start-ups,’ he said, calling MBA training a necessity, not a luxury.

More : straitstimes.com

An innovation expert from the Massachusetts Institute of Technology (MIT) will be visiting the Indian Institute of Management, Ahmedabad (IIM-A), in November to promote the importance of user-based innovations in creating successful companies.

“India and Indians residing worldwide have a wonderful record as innovators and entrepreneurs. I believe users tend to be the real developers of many important products. Recently, research by my colleagues has shown that many new companies are started by users who become entrepreneurs. Learning about how user innovations foster the creation of successful new companies will be very useful information for IIM students and others in India,” says Eric von Hippel, professor and head of Innovation and Entrepreneurship Group at the MIT Sloan School of Management and professor of Engineering Systems at MIT.

It will be his first trip to India, which he also intends to use “to forge closer contacts with my colleagues at IIM-A, who have very similar research interests”.

The lecture is part of a two-week long ‘Inventors of India’ workshop by the Centre for Innovation, Incubation and Entrepreneurship (CIIE) at IIM-A. About 70 inventors and innovators of all ages and technical background are expected to be present at the event. Premier institutes could also be called to participate at the workshop.

“Eric will participate and may give the inaugural address at the workshop. In addition, he will interact with the faculty and students and explore possibilities of collaborative research. Apart from visiting some grassroot innovators, he will interact with our incubatee companies as well. Several things are being planned and we are quite excited about his visit. Also, we may ask institutes like National Institute of Design (NID) and Mudra Institute of Communications, Ahmedabad (MICA), to pitch in,” says Rakesh Basant, chairman of CIIE and a professor at IIM-A.

An expert in Principle of Developing Economics, Eric has made two of his books available openly on his website at no cost to the reader: Democratising Innovation, published in 2005 by the MIT Press, and Sources of Innovation, published in 1988 by Oxford University Press. Leading companies in the world have used practical methods based on his research.

Hippel is also expected to meet grassroot innovators at SRISTI, an NGO founded by Anil Gupta, a professor at IIM-A. Incidentally, Gupta too would be lecturing at MIT as part of the Amy Smith’s International design and development course on July 16-17.

More : business-standard.com

ZEE Network has announced an in-house reorganisation possibly in the wake of Zee TV President, Ms Apurva Purohit’s plan to quit.

The company says the move is aimed at job enrichment and offering higher responsibilities.

Mr Sunil Khanna, CEO, Zee Turner, would take over from Ms Purohit. Mr Khanna has been with the Zee Network for 10 years, occupying various positions, and has a track record in distribution and marketing. Mr Khanna, an engineering graduate from IIT Kharagpur and management graduate from the Indian Institute of Management, Bangalore, is a marketing professional having worked in various marketing positions before joining Zee.

Mr Ashwini Yardi, Business Head, Zee MGM and Zee English, will assist Mr Khanna as head of programming for Zee TV.

Mr Khanna is expected to take over formally at Zee TV in Mumbai after Ms Purohit’s service period ends on 31 January.

Mr Dheeraj Kapuria, at present heading operations of Zee in the US, will take over as CEO of Zee Turner from Mr Khanna. Mr Kapuria’s deputy in the US, Mr S. Venkatasubramanian, will take over from him.

Mr Sunil Rohra, head of the UK operations and Mr Pushpinder Singh, head of the Africa operations, will report to Mr Kapuria, a press release said.

“This re-organisation is a result of our learning from an in depth internal communications exercise in which I met most of the managers within the network to assess the width of in-house talent. It was truly satisfying to reaffirm that we have an extremely talented pool of people in-house. I believe by enriching their portfolios, they will lead Zee Network into the New Year with greater vigour and effect,” the release said quoting Mr Subhash Chandra, Chairman, Zee Network.

Some of the executives have been given additional responsibilities. Mr Abhijit Saxena, currently handling international business (Asia-Pacific) and syndication of programming, will handle Zee English, Zee MGM, Trendz, Smile TV and FX Channel as business head. Mr Yogesh Radhakrishnan, in addition to his current portfolio of Zee Cinema and Zee Music, will also handle Premier Cinema, Action Cinema and Classic Cinema.

An extension of the knowledge base, more than anything else, strength of will of the Indian economy in the 21 century, as it is a conscious move to a central pillar of the knowledge of the nation’s Development planning.

This was the message that resonate in every conversation in recent weeks with companies and researchers throughout India.

At the opening of the annual summit of partnership, the Confederation of Indian Industry in Kolkata invited donors mid-January, Prime Minister Manmohan Singh announced a plan to establish a Commission of knowledge. His agenda specific to know, but Mr. Singh’s message was loud and clear: the time for Inde’s leap is here.

Economically, India is at its best post-war period. The currency reserves exceed $ 131 billion - sufficient funds for imports rose by nearly two years. And the knowledge base has been too long without continually expanded is a strength.

“Think big, bold feel about our country,” said Singh, his audience, mostly corporate India.

India is on the cutting edge of knowledge, not only before the command of the English language. The level of competence in English, without the benefits of knowledge in many areas, none other than the ability to work for low English Master.

It would not be a nation globally competitive. Japan launched its leap without much spoken English and second in the world of the economy. Thus, China.

India is now better placed than postwar Japan and China. His brain is enormous power and English is an official language by far across the country. The association represents the new generation of specialists in India with their Western counterparts in technological capacity, economy and ingenuity of each platform oratory is rare in developing countries.

It is this combination of brains and language, that India is the main meeting point for the Business Process Outsourcing (BPO), otherwise known as information technology capable of services (IT-ES).

With this advantage, the Indians have the brain bank working more software, keeping accounts and Back-Office, functions for Western groups.

Today, American schoolchildren Santa Barbara after Michigan and Massachusetts are learning math and science online every day by the guardians to rest in places like Kerala, Karnataka, Andhra Pradesh and Tamil Nadu in the South India. The potential of this new service line is so great that “approximately U.S. $ 10 million-$ 12 million to the economy this year.

India, the assets in emerging countries tutoring, “said the president’s career launcher, Satya Narayanan, supra, was on January 16 at national level will be put into circulation daily, The Indian Express, mental strength is its superior in comparison with competitors like the Philippines, Singapore and one in Asia - Pacific countries.

Launcher is a career 10 Online brain, that school in Massachusetts, USA. There is also some 20 years, earns $ 350 per month for a pocket money tutoring online and USA children, as tutors say that the Americans in their own curriculum is never difficult, because “we Indians are intellectually superior.”

These allegations prahlerisch it may seem. But how is beyond try to study, many American and European certificate India brain power by one against competitors in the allocation of work in India demand for high intellectual performance for the recruitment of graduates of Indian universities learning.

“The best of India is comparable to the best in the world,” says Dr. G. Prakash Apte, director of the Indian Institute of Management Bangalore (IIMB), it was found that 200 super-brain of each year.

The support of this thesis, Pawan Kumar, a graduate of the Indian Institute of Technology Kanpur, is now President and Chief Executive Officer of software developer VMoksha Technologies, said that in the years 1980, software, state - US field and was a “person outside India, India was thought likely to produce software.”

We now but the situation has changed, America and the world are in India hit the doors of orders. This country deserves $ 12.5 billion last year, outsourcing services, with an increase of 16.5 billion dollars this year. In addition, Indian people overseas, many of them in key positions of jobs in global companies, pump $ 4 billion-$ 5 billion per year.

India brain Well, Mr. Kumar said, is reflected in the structure of the population and the number of graduates license and other specific qualifications Indian universities and institutes of higher learning.

More than 500 million Indians are under 25 years. About six million of them deserve a bachelor of science, economics or art each year and 400000 others deserve to graduate engineers. Nearly half of these graduates of engineering software specialization.

In addition, 1200 young men and women specializing in the areas of management and technology just over half a dozen institutes of engineering, technology and management, as IIMB, across the country.

Taking the inter-regional integration efforts (for more trade and industry) on exporters’ level is the most important pillar of the new launched “Focus ASEAN (Association of Southeast Asian Nations) and 2 (Australia and New Zealand) “Programme of Ministry of Commerce, Government of India.

The new programme has been chalked out along the lines of programmes such as “Focus-LAC” and “Focus Africa ‘, which has proved fruitful.

India is the traditional export basket in the countries of ASEAN is composed of elements such as gems and jewellery, grain, chemicals, electronic goods and iron and steel, with no evil the demand on the route of a certain category of products. Events trade in this region of Engineering Procurement and Construction (EPCs) are in financial assistance from the government under the Market Development Assistance (MDA) Scheme.

India-exports to ASEAN countries reached $ 4.62 billion during the period 2002-03, from $ 1.63 billion in 1998-99. Currently, ASEAN is a dominant trading partner of India, for example accounting for 9 percent of total trade. Two avenues of trade is now $ 9.8 million, with a trade deficit of 0.5 billion dollars.

The main markets are India, Singapore (export refunds from India was $ 1.4 billion over the period 2002-03), Indonesia ($ 0.8 billion), Malaysia ( $ 0.75 billion), Thai country ($ 0, 7 billion) and Philippines ($ 0.5 billion).

During a recent workshop on the theme “Doing Business in South East Asia”, organised jointly by the Bengal National Chamber of Commerce and Industry and Capexil, in collaboration with the Indian Institute of Foreign Trade (IIFT), Mr. Samir Ghosh, Senior Vice - - Chairman of Capexil, there is an urgent need to improve economic cooperation between India and ASEAN countries by the work quickly on the path of an India-ASEAN Free Trade Agreement (FTA).

ASEAN countries, Mr. Ghosh, it may be regarded as one of the main destinations for Indian exports, reaching $ 30 billion by 2008, according to a recent study.

The ADB says Ghosh has forecast economic growth of 5.4 per cent by the year 2005 for the ASEAN region. While high growth is expected to Vietnam and Thai country, for the rest, it is likely to hover in the range of 4.5-5.5 percent.

Mr. Ghosh told Business Line that some ASEAN countries have made enormous progress on industrial and technological development, particularly in areas such as ceramics, glass and glassware, plywood and wood and rubber . The main products Capexil region of ASEAN are minerals, rocks, tires, glass, paper, electrodes, books and rubber products.

Requested the Council support programmes in the region, “said Ghosh including participation in trade fairs in Vietnam and Australia (Design Build in Melbourne, Australia), next to the buyer-seller meets in India and the ASEAN countries.

Oil and Gas Corporation (ONGC) has submitted a government proposal to increase paid up capital by ONGC Videsh of Rs 300 crore according to RS 500 crore.

ONGC Videsh is a subsidiary of ONGC, is investing in oil ventures abroad.

“The registered capital of ONGC Videsh is relatively low compared to debt on its balance sheet. The issue of debt-equity compared sometimes the way of smooth running of our business abroad. We also proposed that the authorized capital of ONGC Videsh, up to Rs 5000 crore, “Mr. Subir Raha, Chairman and Managing Director, ONGC, said the edge of the newspersons launch of the “super-Unnati Prayas programme for ONGC employees.

Under this programme, ONGC sends his career in the mid-leaders of the Indian Institute of Foreign Trade (IIFT) for an MBA 18-month residential program.

The program, under the direction of IIFT for ONGC workers should pay special attention on trade and international affairs.

For the first part, twenty leaders were selected from about 340 nominations received from ONGC employees.

Mr. Raha said ONGC and spend over Rs 25 crore per annum for the training of its leaders in management and engineering programs.

The company will also soon in a tie-up Management Development Institute to offer a general programme management of his career in the mid-leaders.

INDIA could leverage their cost-cum-competence of his great talent of a potential innovation of the race, which is not only the exchange would be made innovation, but also where R & D on the basis of innovation centres, which by Western societies, because scientists defined Dr. RA Mashelkar.

Time, the convocation address in the Indian Institute of Foreign Trade (IIFT), the Director General, Council of Scientific and Industrial Research (CSIR) and secretary of the Department of Scientific and Industrial Research, Dr Mashelkar said real and unique, India offers a genuine Global R & D platform has been enormous. He said, to the costs of R & D is the share in the developed world as a whole move of India’s R & D was last year, 5 billion, less than the budget for R & D Companies like Pfizer one.

The assertion of one dollar in India offers much more than anywhere else in the world with Indian world-class technical staff, 250 universities, 1500 units of R & D, several IITS and engineering colleges, said the Dr Mashelkar has been an extraordinary rich resource that has been insufficient within the space of the Indian R & D chance. ”

Dr Mashelkar was proud of indicating that National Chemical Laboratory (NCL) of CSIR has been a pioneer in benefits and recognition of the need to technoglobalism. The process of globalization of R & D NCL began in 1989 and today it has an impressive list of international clients such as DuPont, Dow and Eastman, ICI, General Electric, Cargill, and UOP.

He told NCL: “We believe always ask what the basis of competence, skills and technologies, we must build? Rather than the stereotype question of what products or processes that we need to develop and market? “This change in the strategy, he said, though released, what happens in” NCL important objective for many chemical companies through Today’s World “.

Dr Mashelkar did not share the idea that the real advantage of the expansion in India as a hub of innovation, which is characterized by foreigners rather than Indian companies. He cites a school of thought, prove that gradually reverse the brain drain. Given that India is a large site R & D in the world with the best companies are their biggest challenges of R & D in India - whether in preparing its new Intel chips or GE organization its last reactor manufacturer - it would normal Indian scientists stay here, to meet association and also satisfy his love for his children grow up in India.

He said that outsourcing to India, the objective of R & D as a place in several other areas. He cited the example of drugs and medicines, he said more and more emphasis on diseases for the poor - along with the overall development of social insurance funds say that there are still opportunities that India could become a target for the creation of global knowledge for global good by the overall funding.

He said that the challenge was, as we continue to tap the incredible dynamism of global R & D, so that the institutions and Indian companies might think, managing the creation of highly paid jobs and development of new industries.

This would require, he said, “a sustained commitment to investment in science and technology to strengthen research infrastructure, skills development and ways to quickly integrate new knowledge and technologies into products and the increasing access to sources of innovation, development of technology centres incentives and government, protection, including protection of intellectual property on science-based High-Tech-inventions.

HYDERABAD: ICFAI Business School representatives M.V.R. Raja Satish and Rallapalli Raghuram won first prize at the NTPC ‘Electron Quiz’ Southern Regional Final competition held in the city on Monday.

Over 42 teams from various engineering and management colleges across the twin cities took part in the quiz competition and top three teams from the competition would take part in the national finals to be held at New Delhi, said a press release.

On the occasion, NTPC General Manager (Commercial) presented cash awards of Rs. 15,000, Rs. 10,000 and Rs. 6,000 respectively to the top three winners.

Lynn Marsh Kroeger, daughter of Mr. Hal Kroeger and Mrs. A. Scarborough, NY, and Vero Beach, Florida, was married yesterday by Robert W. Daly, the son of Mr. and Mrs. Richard T. Daly Cold Spring Harbor, LI The Rev. Paul number, the ceremony at St. Mary’s Episcopal Church in Scarborough.

Barbara O. Blasch was matron of honour.

Richard T. Daly, his brother was the best man.

The bride, an assistant controller of the Morgan Guaranty Trust Company of New York, studied at the Masters School, Brown University and the New York University Graduate School of Business Administration. She is a member of the Junior League of New York. His father, retired, is a founder of the R. & H. Kroeger organization, a management consulting firm in New York.

Mr. Daly is a management consultant in the field of genetic engineering and a director of the Quantronix Corporation, a manufacturer of laser Smithtown, LI, founded by his father, a nuclear physicist, is president. He graduated from Brown University and Harvard University Graduate School of Business Administration.