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The Indian Institute of Management-Ahmedabad (IIM-A), in an affidavit filed before the Supreme Court on Tuesday, has said that the unilateral decision of the Union ministry of human resources development regarding fees to be charged by IIMs does not seem to be a step in the right direction.
The affidavit, filed after the apex court served notices to the six IIMs on April 8, asking them to clarify their stand on the fee-cut issue, puts on record the IIM-A’s willingness to sort out the issue through a process of dialogue.
“We have not gone to the court proactively. The affidavit places our views on record in answer to the notice and not filing it would have limited our options. We are, however, not a party to the PIL,” said a source in the IIM-A.
The affidavit has three components - the Position Paper prepared by the faculty, the resolutions passed by the IIM-A Society and the Board of Governors recently, and the fact that the institute is in a process of dialogue with the ministry.
Dons feel that the affidavit clarifying the institute’s willingness for a dialogue will create an atmosphere that will help the process initiated by chairman NR Narayanamurthy during the board meeting here on April 3.
The affidavit said the fee-reduction order has to be seen not in isolation, but in the larger context of many other decisions by the ministry that threatened the autonomy of the institute.
It has also said that the notification on fee reduction “violates the time-honoured process of the fee being decided by the Board of Governors and that it is not necessary to reduce fees to make management education more affordable to the less well-to-do sections of the society.”
Meanwhile, the Indian Institute of Management-Calcutta faculty council filed an application before the Supreme Court, praying for an order impleading it as a respondent in the fee-cut case already pending before the apex court.
Tags: affidavit, Ahmedabad, answer, apex, apex court, atmosphere, autonomy, Board, board meeting, board of governors, Calcutta, Chairman, context, Council, court, Dialogue, Dons, fact, faculty, filing, human resources development, IIM-A, IIMs, Indian, indian institute of management, indian institute of management calcutta, Institute, isolation, issue, Management, management education, ministry of human resources, notice, notification, NR Narayanamurthy, order, paper, party, position, position paper, process, record, reduction, respondent, society, Source, stand, step, step in the right direction, Supreme, Tuesday, unilateral decision, Union, union ministry, willingness Posted in MBA News, finance | No Comments »
This is a new variant of the still ongoing tussle between the Union Ministry of Human Resources Development and the Faculty of the Indian Institute of Management, Calcutta.
The MHRD, a cheque crore RS 4 IIM-C on Thursday evening, with a goodwill letter, this is not the kindness of the Faculty members.
While the letter states that the money is sent to the Institute with the express purpose that good, that the deficit is due to annual tuition of 1.25 lakh bar RS RS 30000, members of the Faculty said that the ministry was only trying “an act of submission” to the Supreme Court.
While no provision has been to date have IIM, Ahmedabad and IIM, Bangalore, it is assumed that money was sent to IIM-C, because its Board of Governors of the tax by a bar resolution, while the Faculty decides against him.
The PIL was filed at the head of court against the MHRD for the tax bar. IIMS of Ahmedabad, Bangalore and Calcutta (Faculty, in the latter case), the PIL.
The Faculty The argument was that once the tax reduced, it is annual deficit of nearly 6.5 crore MHRD But the case has ensured that good, the deficit in tranches of the fee, and it is in the sense that the check was sent.
Faculty A meeting was convened last Friday to discuss the removal MHRD and the consequences that result from the fact that the Faculty last. The Council said MHRD not a single penny time in 2003-04, when he apparently was preparing to send at least RS 6 crore.
Hence, the sudden release of funds is “intangible and a powder in the eyes.”
“The MHRD all crazy trying to maintain, in the cheque. It is well below what the IIM C would be necessary if the tax bar is implemented. The Institute is already taken by a lack of means. We have tried our cost of the body that we have put in place since 1991, a high-level Faculty said.
“Let the MHRD first version during the last year, the fund and its share for this year, through these RS 4 crore, before any claim,” said the panel members.
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The International Institute for Management and Technology, Kolkata (IIMT Bengal) has selected 16 students for training a year in hotels in the UK and Malaysia. Employment placements in the second year is a course for its management of the hotel degrees. IIMT Bengal was adopted in 2002 by GGL Hotel and Resort Co Ltd, a subsidiary of Gujarat Ambuja Cement Ltd.
It has a technical cooperation with Carlson Hospitality World Wide of the USA, Edwardian Group of United Kingdom, India and Unitech AG of the International Institute for Management and Technology, Gurgaon (IIMT-Gurgaon). IIMT-Gurgaon IIMT is the first in India. IIMT Bengal has a scientific partnership with Oxford Brookes University of the UK. It is also applying for listing of the All India Council for Technical Education, Ministry of Human Resources Development, Government of India.
Tags: Britain, development, development government, Education, education ministry, edwardian, employment, employment placements, GGL, government, government of india, gujarat, gurgaon, human resources development, IIMT, iimt gurgaon, India, india council, Institute, International, kolkata, Malaysia, Management, Ministry, ministry of human resources, Oxford, oxford brookes university, subsidiary, Technical, technical cooperation, technical education, Technology, UK, unitech, USA Posted in MBA News, spot | 1 Comment »
Giving in to pressure from academia and corporate guide, the Indian government has granted permission on the Indian Institute of Management, Bangalore to open a new campus in Singapore. The research activities and management Education Center’s only IIMB campus of Southeast Asia.
If IIMB sought permission to open the facility in Singapore in November last year, officials of Human Resources Development Ministry said IIM law does not allow open offices overseas. Officer employee beyond the need to meet the needs at home. The conflict ended on Feb. 1, according to HRD and Minister Arjun Singh IIM directors met to consider changes, the solution of the impasse.
This is the third Business School - and the only Business School in India - by the Wall Street Journal’s Top 100 Business schools have a campus in Singapore. The other two schools are INSEAD in France and the University of Chicago’s Graduate School of Business.
The Singapore campus offers an MBA part-time for the mentoring program at the level of forces, Executive MBA programs for executives at the level of short-term Executive Education programs for executives and tailor programmes for Executive Education companies.
The Indian Institute of Management are the best business schools in India. Graduates of schools have a successful career in Asia, Europe and the USA.
IIM has six centers, which is based in Ahmedabad, Calcutta, Bangalore, Lucknow, Indore and Kozhikode. Schools lead the postgraduate diploma in management programmes (which corresponds to an MBA), scholarship programs in the fields of management and organization based on programmes IIM also research and extension of the Institute for different industrial sectors.
Tags: academia, arjun singh, Asia, asia europe, bangalore, best business schools, business schools in india, Calcutta, Chicago, conflict, development, development ministry, education companies, Europe, executive education programs, Executive MBA, executive mba programs, facility, France, government, graduate school of business, human resources development, iimb, indian institute of management, indian institute of management bangalore, industrial sectors, INSEAD, Institute, Kozhikode, lucknow, Management, management education center, mba part time, mba scholarship, Minister Arjun, Ministry, organization, postgraduate diploma, scholarship programs, Singapore, singapore campus, Singh IIM, Southeast Asia, University, USA, Wall Street, wall street journal Posted in MBA News, MBAs | No Comments »
Kerala Industrial Infrastructure Development Corporation (Kinfra), nodes-agency assistance to states for development of infrastructure for export (AIM) system of Kerala, has received proposals worth Rs 33.98 crore for the establishment of infrastructure exporting State.
They have since approved for assistance under the State-Level Export Promotion Committee (SLEPC) is with the sanction under the regulatory powers, the government said sources Business Line.
Marine Products Export Development Authority (MPEDA), Seafood Exporters Association of India (SEAI), Cashew Export Promotion Council (CEPC) and Kerala State Industrial Enterprises (KSIE) are among those who have submitted their proposals.
Kinfra himself proposed a RS-7.25 crore water supply project for its Techno-Industrial Park in Kakkanchery in Malappuram circle.
The park provides facilities for the treatment of foodstuffs.
The regulation provides for the implementation of water from the Kadalundi river, 13 km.
The Thiruvananthapuram-Institute for Human Resources Development (IHRD) has proposed an Indian Institute of Management in export Kinfra High-Tech Park in Kalamassery with a total cost of Rs 7 crore
Of which, RS 4.2 crore be made available under the scheme purpose.
Kinfra and IHRD in each chip RS 1.4 crore for the first capital.
The Institute will seek to train professionals for the management of foreign trade logistics and human resources development, to meet the demand of the industry.
It is used by an association duly registered in possession of the Government of Kerala and IHRD Kinfra and member of the Indian Institute of Foreign Trade (IIFT).
The CRC has proposed in a modern laboratory for testing Cashew Kollam and other products.
The total cost for construction and equipment were crore RS 6.
The CRC has another proposal to install an electronic scale, the Pont de Cochin Port Trust premises at a cost of Rs 18 lakh.
KSIE a Rs 3.95 crore project for the expansion of exports to the Bay of Thiruvananthapuram Air Cargo complex and for the provision of necessary equipment.
This is in conformity with the safety specifications published by the Office for the Safety of Civil Aviation under the Union Ministry of Civil Aviation.
The base Kochi Seafood Exporters Association of India (SEAI) has proposed the creation of a central quality control laboratory for testing specializes in seafood according to EU standards against a tax of Rs 3.5 crore on
The proposal in the context of the controversy concerning a ban on exports of seafood latest from India in terms of quality reasons.
The Hazard Analysis Critical Control Points (HACCP) requires technical support schemes for industry in India, it is therefore necessary for the establishment of the laboratory.
The U.S. Food and Drug Administration (USFDA), the governed, that imports must be from a processing plant unit of the practice and implementation of HACCP by the entire production chain .
The European Union is also insisting on the check-clean “system based on HACCP.
MPEDA has proposed the creation of 30 pre-treatment in the major centres of fish processing in the regions of Kerala at a cost of Rs 9 crore, for which a grant of Rs 90 lakh are made available under the scheme BUT .
Tags: agency assistance, AIM, aim system, Association, Cashew, cochin port trust, creation, equipment, establishment, export aim, export development authority, export promotion committee, exporters association, government, human resources development, Indian, indian institute of management, industrial infrastructure, Industrial Park, industry, infrastructure, infrastructure development, laboratory, Management, processing, promotion, Scheme, seafood exporters, seai, Thiruvananthapuram, trade logistics, water Posted in Director Sean Rickard, MBA News | No Comments »
The Indian Institute of Management Calcutta (IIMC) has decided, the directive of Human Resources Development (HRD), Ministry of India and the government has decided to recommend a tax cut. The resolution was sent to the Director of the IIMC and all board members. In the resolution, IIMC administration, President YC Deveshwar said: “In view of a path for the government (the fee average) may be made in the belief that it is mandatory for ‘establishment and it is the domain of the Ministry of Human Resources Development in the image of policies on subsidies to education. “The government has assured that IIMC the financial consequences of the implementation of the order is entirely funded by the Government of India.
Tags: belief that, caves, Education, financial consequences, government of india, hrd ministry, human resources development, implementation, indian institute of management, indian institute of management calcutta, ministry of human resources, subsidies, yc Posted in MBA News, finance | No Comments »
One of India’s leading business schools and corporate breeding grounds is run by men who have taken a vow of poverty and are strictly forbidden to open bank accounts.
Multinational companies and top Indian private sector firms flock regularly to Xavier’s Labour Relations Institute at Jamshedpur, 200 km from Calcutta, to sign up fresh MBAs and other graduates with degrees in personnel management, human resources development and industrial relations.
But what distinguishes the budding venture capitalists, investment bankers and fund managers from the institute is that they are trained how to rake in profits and run businesses successfully by Christian priests who have renounced worldliness and materialism.
Not surprisingly, even on the campus, there is a big difference between the lifestyles of teachers and students.
The teachers - Jesuit priests who have taken the legacy of educational excellence to the forefront of business education in India - live in spartan rooms with only the bare necessities of life.
But their students from affluent backgrounds have air-conditioners and cars while the hostel’s backyard is littered with empty scotch bottles and packs of expensive cigarette brands such as Benson & Hedges and Rothmans. “Ours is a religious culture and we are giving training in corporate culture. It is difficult to reconcile the two worlds but the common principles are hard work, duty and loyalty,” institute director Father Thomas said.
“The Christian idea of servant leadership is important - not to lord it over but to be at the service of others. We don’t teach it in religious terms but as something that we say is noble,” he said.
The training, undertaken by men who have taken vows of poverty, chastity and obedience, emphasises business ethics, social responsibility, spirituality and maintaining emotional balance in the cut-throat, high-stress corporate world.
Oddly enough, the institute is the oldest management college in India.
It began in 1948 when Sir Jehangir Gandhi, managing director of Tata Steel, India’s biggest steel plant in Jamshedpur, requested the Vatican to consider sending a group of Jesuits to start a school for the children of mill employees.
Of course, the first Jesuit priest to come to India was Francis Xavier soon after the Society of Jesus was founded in 1540. Gradually, Jesuits founded dozens of reputed schools and colleges in all parts of India, including St Xavier’s College in Calcutta. They were traditionally in the service of Christ and focused mainly on the needs of the poor.
Responding to Mr Gandhi’s request, the Vatican despatched American Jesuits who set up St Loyola school in Jamshedpur. Among them was Quinn Enright. Like many Jesuits in the United States, he had an interest in labour unions. And soon enough, Father Enright taught labour laws to Tata mill employees, making them aware of their rights and showing them how to negotiate with the management.
It was Tata Steel which provided a sprawling campus to Father Enright and his band of priests to start the institute. The first personnel management and industrial relations course commenced in 1953.
By 1964 it was recognised by the Indian government as an autonomous management institution.
Within two years, the institute launched its own MBA programme on the government’s request to fill the void in business education in India. Today, it has nearly 300 students and a dozen Jesuit professors in the 40-strong teaching faculty.
True, the students are mainly interested in pursuing courses which will land them highly paid jobs. Even if God were to teach MBA and personnel management and industrial relations students, His values will not sink in or be taken too seriously in the short run, said Father Ignatius, a theologian who teaches business ethics.
“But in the long run, they do understand the central values we try to inculcate in them,” he said.
Father Ignatius said the institute’s students invariably acquire the so-called soft skills - communication and working well in groups - the intangibles which become increasingly important in the business world.
Xavier institute is ranked fourth among India’s top 20 business schools, just behind the three government-run Indian Institute of Management at Calcutta, Bangalore and Ahmedabad.
Tags: bare necessities, business ethics, christian idea, christian priests, cigarette brands, education in india, gandhi man, human resources development, indian private sector, jehangir, jesuit priests, labour relations, loyalty institute, management human resources, private sector firms, religious culture, religious terms, servant leadership, venture capitalists, vow of poverty Posted in MBA News, birth | No Comments »
Metteurs directors of all six Indian Institute of Management (IIMS) met the Secretary General of Human Resources Development today with his proposal on new taxes.
You apprised the Ministry of HRD for their costs consensus on the structure, taken June 6.
NDTV has learned, the key elements are as follows:
rationalization of pricing is unique for each IIM depending on the type of facilities.
The IIMS “tuition fees can not be cut, but the youth hostel costs can be reduced.
Scholarships for students economically arrears.
During Kozhikode IIM Lucknow, and suggested that each family whose income is less than Rs 1 lakh should be considered for these scholarships, the four other IIMS say that the border should be Rs 1.5 lakhs.
“We discussed all aspects of the problem - the concerns of the ministry of institutional concerns, the concerns of the board, everything has been discussed and that the proposal is based on a total area of scrutiny on everything,” said Bakul Dholakia, Director, Indian Institute of Management, Ahmedabad.
Tags: 1 lakh, arrears, fee structure, human resources development, iim lucknow, IIMs, indian institute of management, indian institute of management ahmedabad, institute of management, institutional concerns, ministry of hrd, ndtv, rationalization, rs 1, scholarships, scrutiny, secretary general, tuition fees Posted in MBA News, industry | No Comments »
Indore: indeed, sounds the end of the controversy on fees payable to the various Indian institutes of management of the board meeting of the Indian Institute of Management (IIM) Indore, Monday, as expected, the consensus been approved had arrived earlier this month.
The Institute will continue to follow with tax during the last academic year, RS 1.08 lakh per annum, and is a system based on the need for financial support for two studies on the first and second beginners .
Director SP paradise Shar said that the fee could change for the next semester IIM according to representatives will meet at a later date, again this year to a rationalization and harmonization”of the “ fee for all IIMS.
As in the case of scholarships, it would be for all students in training gross annual family income incomes_annual parents, pupils and its low spouse_of RS 2 lakh.
The bourse would be a denial of tuition fees and, in the case of a student “ echte”Notwendigkeit a committee composed of the director and two members of the college could even refrain from lodging costs and meals.
Initially, the Human Resources Development Ministry of Scholarship Fund at IIM Indore, but at the end of the Institute, a fund contributions Alumni, industry and businesses. The director said that the current pricing structures, IIM lacked the perception of costs, it was each student d ‘.
According to a member of the Board of Governors Ramesh Beheti: “ The Ministry is also the IIMS Kozhikode and Lucknow. The situation in these three IIMS, only three years ago, can not, compared to the three other IIMS, thirty years. In contrast to the exemption Murli Manohar Joshi, we promised more autonomy, as well as any financial support we need.”
The director said that the IIMS are probably on the path of a “ Harmonisierung”Gebühr structures. While it is probably a unique structure of fees in the six IIMS in December, he said there were some differences on variations in the “ Lebenshaltungskosten”IIM on different sites.
Currently, IIM Indore costs Rs 1.08 lakh per annum for deposits redeemable alongside several heads, covering 40000 RS IIM Indore, although it is almost exclusively on Middle Fund, arrested briefly in line with the fall Joshi’s 80% fee interfaces. It took the resistance they wait until the Supreme Court decided a petition against the order. Today, they are both IIM Indore Kalyani BN-president and heads of government representatives additional Sudeep Banerji Secretary-General pointed out that the controversy as well as to clarify: The consideration of the petition poses no problem.
Tags: autonomy, board meeting, board of governors, development ministry, fund contributions, harmonization, human resources development, iim indore, indian institute of management, indian institutes of management, Kozhikode, lodging costs, manohar joshi, member of the board, rationalization, scholarship fund, shar, tuition fees Posted in MBA News, industry | No Comments »
Calcutta: Indian Institute of Management Calcutta quickly to competition from a relatively new market by participating Top Notch B-training - IIT Kharagpur.
IIM-C will soon be the face of competition-IIT Kharagpur
The Union Ministry of Human Resources Development has an RS 10 crore expansion plan for the elite Institute of Technology modernization of its management program for the 2004 session. The course is synchronized as the upper management in the country, but the costs are cheaper than IIMS.
IIT-K, which enjoys university status, was a Master of Business Management (MBM), of course, on its Vinod Gupta School of Management, since 1993, but on a small scale, for a handful of students from IIT .
“We had our plans to expand the MHRD last year after the project was launched by our hotel. Our proposals were adopted, and we can now grow meat and bone meal 120 seats in the first year, “Dean of Management Studies IIT’s TNN Kalyan Chakraborty said.
The IIT Kgp-management course is supposedly the best in the country. In addition, IIMS give only a diploma, because it does not have the status of the university, but IIT two years MBM will offer a comprehensive program completion.
However, in the IIT Kgp-management courses will not be easy, because the admission exam is more difficult than CAT. Furthermore, it is only in first class B or BE degree of proprietary technology. First Class degree holders SC-M or M-com or economics may also, if it is mathematics, at least in their graduation.
“Even our royalty rate is less than IIMS - R 90000 per year against their Rs 1.30 lakh. We said that the MHRD subsidize, we could continue, if desired, and increase our endowment,” Chakraborty said. “Our programme is very well be adapted to the needs of industry.
We have our style Business School on the lines of MIT’s Business School - Alfred Sloan Institute of Management. ”
More than 20000 square metres is added to state-of-the-art classrooms, laboratories, living rooms and a cafeteria. A hostel with 250 rooms is also built.
The MHRD has promised to participate in its funding, but would IIT-K for the costs of the Foundation Fund for the time being
Tags: admission exam, alfred sloan, art classrooms, chakraborty, class degree, degree holders, expansion plan, human resources development, iit kharagpur, indian institute of management, indian institute of management calcutta, meat and bone meal, program completion, royalty rate, style business, top notch, union ministry, vinod gupta school of management Posted in MBA News, finance | No Comments »
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