A report has suggested that it is likely that British students considering taking MBA courses in the UK will find it increasingly hard to find loans to cover the cost of their post-graduate studies.

According to a report in the Financial Times, the appeal of MBA courses in the US had recently been increasing among British students, thanks to the weak dollar.

However, the paper has now learnt that the credit crunch has dramatically reduced the number of student loans available for those considering such post-graduate courses.

It pointed to research carried out by the National Association of Student Financial Aid Administrators that showed that 50 lenders have suspended their post-graduate student loan deals.

“The cost of loan repayment is particularly high for students from outside the US who apply for loans from US institutions,” the paper explained.

“This is because credit references are not required and also the lenders find it harder to track down students on graduation if they return to their home countries.”

As a result, a British student looking for a post-graduate student loan in the US can expect to have to pay interest of around seven per cent.

With US MBA courses typically costing around $150,000 (£75,000) to complete, the rising price of loans could put many British students off, even though they know they will be able to secure high-paying jobs after graduation.

Source : gaapweb.com

The development of India Mr. NK need to take up the challenge to ensure that growth is just a meeting of stakeholders on the growth of multi-national Indian said. Participation in the two-day national conference organized by the Institute of Chartered Financial Analysts of India (ICFAI) Business School, leader noted that during the Indian MNC can not find growth in itself a problem, Charts real challenge was just to success.

Among the measures proposed by experts, the promotion of competitive international industry has been enhanced regime, measures to strengthen the currency of India and respect international recognized quality standards.

K. Pandia Rajan, director, Ma faith Management Consultants, opened the conference on “multi-national Indian - Blazing New Trails”. A.V. Sivarama Prasad, Vice President (HR), KCP Biotech, R. Ramasubramanian, President, Sundaram brake linings and K. Srinivasan, Director General, Carborundum Universal also spoke.

About 50 delegates visit the meetings organized under the growing phenomenon in India of multinationals and their impact on the management of culture and education.

The last day of the conference will discuss topics such as Business Process Re-engineering of globalization, cross-cultural and professional challenges and solutions, as B are schools to cope with future challenges.

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.

Industrial and Financial Systems (IMS), Sweden has announced the establishment of a competence centre for the Management Development Institute (MDI), Gurgaon. The centre, the first of its kind in the country, it is intended for awareness on the benefits of a technology-based Enterprise.

“The centre of expertise creates awareness component-based enterprise systems through activities such as research, case studies, training, seminars and workshops”, Dr. MP Jaiswal, professor of information technology management MDI Gurgaon and the leader of the Competence Center, explained to the inauguration.

Jaiswal is a certified instructor and consultant ERP is a member of the Confederation of Indian Industry (CII), a group of experts on ICT for SMEs.

At the opening of M. Mark Rabjohns, president - IFS Asia-Pacific, said: “The new centre offers us the opportunity to show flexibility, speed and extreme friendliness of our business in real time and in response to India conditions which they enjoy in the soil and the client by client.

The components based on technology, an invention of the IFS can be implemented very personalized two standards and e-business applications in a strictly necessary as baseless. “The customer is able to choose, and choose the exact function is necessary a great advantage of this technology,” said Dr. Chandan Chowdhury, Country Manager, IFS India.

MDI Director, Dr Devi Singh, welcomed the partnership and said he was one step, using the Institute of efforts to excellence in management of initial and continuing training.

IFS is the Stockholm Stock Exchange. It develops and supplies component-based business applications for medium and large companies and organizations in 48 countries. In the Asia-Pacific, it has offices in Australia, China, Hong Kong, India, Indonesia, Japan, Malaysia, the Philippines, Singapore, Sri Lanka and Thai country.

The Indian Institute of Management, Bangalore, which appealed against slapping of a whopping Rs 3.19 crore income tax by the department, will now pay only 50 per cent of the amount, a top IIMB source said.

“Tax authorities raised a demand for Rs 3.19 crore for the assessment year 2003-04. We have appealed against this and have now been asked to pay 50 per cent of the amount,” Ketoki Basu, Financial Controller, IIMB told PTI today.

Taking into account the returns filed by the B-school for the assessment year 2003-04, the IT department denied exemption under section 10 (23C) (iiiab) of the IT act, 1961, on the grounds that “we (IIMB) are not wholly or substantially financed by the government,” she said.

The IIMB, she said, has filed an appeal against this and “we are also contesting the denial of the benefit under sections 11 to 13 of the Income Tax Act, 1961.” The B-school has also written to the Human Resource Development Minstry (MHRD), for a notification stating it (IIMB) is “wholly or substantially financed by the government,” Basu said.

However, till date the IIMB, has not received any response on the application, she said.

Rights of the Child with countries emerging as an area of care, Jamia Millia Islamia announced a post-graduate cycle of children’s rights.

Proven by the University Department of Social Work, applications for courses are available on the website of Jamia. Intended for graduates in the field of social work, entry year long course includes subjects such as children and society, analysing the situation of children in South Asia, politics and laws concerning children and the methods of child labour among others.

After putting in place a number of new courses in the past, some are career oriented, Jamia hopes to contribute to the strengthening of its division of social sciences by adding new courses, social issues are career oriented and not Only academic at the same time.

The deadline for the filing of this course is December 23 with consideration for admission to 30 December.

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The bio-informatics Institute of India (BII) announced that the number of visits on a new round of programs and pharmaceutical quality control. A specialized programmed to educate industry professionals on quality control, of course, addressed issues such as WHO, good manufacturing practices, inspection, threat and risk analysis, International Trade ain pharmaceutical quality standards, quality management, testing, statistical quality control and the WHO certification, pharmaceutical regulation and practices among others.

For students with a Bachelor’s Degree in each discipline are eligible for the academic year and their application in collaboration with the documents needed to establish Noida’s Office. Application forms are available in www.bii.in / Pharma.

The Institute also announced the numbers of visitors for the next year batch of postgraduate studies bio-informatics. Classes everyday an expert Faculty tests are regularly carried out.

All students with a degree in science, medicine, pharmacy, chemistry, botany, zoology, physics, mathematics, computer science, pharmacology, pharmacy, agriculture, biochemistry, biotechnology, molecular biology or other relevant qualifications for the course. The deadline for submitting applications is January 10.

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The emphasis on the need to maintain a creative, innovative and inventive, under the leadership skills of students, University Grants Commission, the President VNRajashekharan Pillai said that understanding the information society age and their impact is of crucial importance for the future leaders of high quality.

He did so on the convocation of the Institute of Chartered Financial Analysts of India (ICFAI), which shares with UGC Chairman, Business Schools should focus on the overall production of “mind-sets and the development of cooperation with B-schools Wednesday. With globalization is causing a paradigm shift in management training in India, “said Pillai management students must learn the value of the mark and intellectual property and patents in the conduct of businesses grow.

Realizing that the ability of people were still at the highest level of management training, “said Pillai leadership, teamwork, entrepreneurship, risk and conflict management, referral services and change of mind, as the centerpiece of the curriculum for mediation effective management training in this rapidly changing world.

While 2430 students were granted their charters, medals and awards at the convocation, 172 students have earned their Chartered Financial Analyst (CFA) charter. A total of 1717 students and students of the ICFAI Business School has also received their MBA certificates.

The two-day `International Conference on Business and Finance - 2005′, organised by ICFAI University in association with Philadelphia University, USA, acted as a forum for disseminating new research findings, practices and techniques in finance and also served as a platform for researchers and academicians to interact and exchange viewpoints and explore opportunities for joint research in contemporary and developing areas.

D.S. Rao, Director, ICFAI Business School, said the aim of the conference was to bring together academicians and practitioners with research interests in the field of finance, accounting and business management from India and abroad.

There were presentations of new and unpublished research findings of relevance in the areas of Asset Pricing, Capital Markets, Market Microstructure Investment Management, Corporate Finance Banking and Insurance, Financial Services; Derivatives, Risk Management among others.

WEP peripheral computer peripheral products, solutions and service provider, announced the appointment of three new executives - Arvind Tiwari, Raphael and S Maclean Ashutosh Chadha - to strengthen their existing management team.

N. Ram Agarwal, MD & CEO, WEP-suburb, said: “We are pleased with the appointment of best people on board, so that we will continue to ensure that our customers a step ahead. Your unique blend of experience and skills are also a value to our company and contribute, WEP leadership position in the field of computer peripheral products and solutions. ”

Tiwari was as Chief Operating Officer (COO) and WEP for products, it pursues the strategy and vision, and make sure, “Operational Excellence” in all areas of function, growth and profitability.

Tiwari is an engineering degree in management of the MAS-IIM Calcutta. He brings extensive experience in various fields such as manufacturing, materials, exports, business planning, quality, information technology, logistics, etc., which he acquired in India, organizations such as JCB, GE, Gillette, Cadila and Bajaj Auto. Tiwari has made a significant contribution in the field of cost, quality, launching new products, manufacturing efficiency, project implementation, Six Sigma throughout the value chain. He worked in India and is well made. When not working, he spends his time willingly something to read or listen to music.

Chadha was as Chief Financial Officer and is responsible for monitoring financial performance and ability to lead the team finances and accounts of India. It is responsible for creating and maintaining a vibrant team responsible for enterprise finance, forecasting, measurement, analysis, accounting, tax, treasury, Legal & Compliance.

Chadha has over 14 years of experience, financial management, financial planning and analysis, taxation, security reports Exchange Commission USA and taxation systems. It is also a certified expert on Six Sigma quality. Chadha has a Bachelor’s Degree in Commerce, University of Delhi. Fellow membership of the ICAI (FCA), associate member of ICSI ( “ACS”) and certified Chartered Financial Analysts (CFA). Before his arrival at WFP, Ariba Chadha has worked with India, GE Capital, Ralston Purina and Indian tyre manufacturing companies SRF Limited.

Raphael was chosen as Vice President-Human resource. He is responsible to ensure that WEP is an employer a statement of intent by effective engagement of all employees. Raphael has 15 years experience in managing human resources function. He concluded his chief of Tata Institute of Social Sciences, Mumbai, after his degree in economics from the University of Madras.

Before his arrival at WFP, Raphael has worked with companies such as Tatas, Bharti Tele-ventures, HSBC and Air Deccan. Hay Group certifies him for job evaluation, Saville and Holdsworth for Assessment Center, by the Academy to learn how to transform “Corporate theatre workshops and as a coach Gallup for the participation of workers commitment.

After Tiwari, WEP, visionary leadership, a man of talent, excellent products and respected in the industry. It is an organization that devote himself fully to its values. I welcome the cooperation with this great team to carry out our vision and mission. “

ICFAI Business School will hold a two-day national seminar on ‘International Corporate Financial Reporting and Analysis’ on August 23 and 24.

The programme will act as a platform to evaluate the current financial reporting model and its relevance for making sensible economic decision, Indian accounting standards and the problems faced in implementing the accounting standards and related financial reporting regulations.