The world renowned Cranfield School of Management in the UK will present a scholarship to any member of the three leading IFAC accountancy bodies in Sri Lanka, the Association of Chartered Certified Accountants (ACCA), the Institute of Chartered Accountants Sri Lanka (ICASL) or the Chartered Institute of Management Accountants Sri Lanka Branch (CIMA). Full Time MBA Programme Director Sean Rickard who informed Sri Lanka of the scholarship said, “We hope the scholarship attracts candidates who will benefit from this initiative and that, with the help of the accounting bodies in Sri Lanka, it will raise Cranfield’s profile. We are extremely grateful for the support of the institutes in this. We will be reviewing the success of the programme after two years.”

ACCA Sri Lanka’s Immediate Past President, Dilshan Rodrigo, himself an alumni of the Cranfield School of Management extends his best wishes to all candidates and says, “I hope most sincerely that this initiative will signal the birth of a new generation of professional skilled managers who will add value to the corporate boardrooms of Sri Lanka.” Stating that this is truly a world class MBA ranked consistently as one of the top MBAs in Europe, he adds, “This one year full time programme is ideally suited for members in middle and senior management positions with ambitious career goals.” Rodrigo, who has continued to maintain ties with Cranfield, further reinforced the relationship once he became President of ACCA Sri Lanka, sourcing resource speakers for the ACCA National Conferences in the last two years. “Two people who played significant roles in mooting this scholarship from the Cranfield end are the former Director of the MBA Programme Professor Leo Murray who was the Keynote Speaker at our conference in 2006 and has a soft spot for Sri Lankans and Sri Sriskanthan, a Sri Lankan faculty member on the MBA programme.”

Cranfield has produced a distinguished honour roll of MBA alumni from Sri Lanka over the last two decades including Managing Director of Hatton National Bank Rajendra Theagarajah, Senior Vice President of WNS Arul Sivagananathan and Group Financial Controller of Stretchline Hasantha de Silva. Members of ICASL, ACCA and CIMA must apply directly to Cranfield School of Management, for which instructions are available on the Cranfield website ww.som.cranfield.ac.uk/som/mba/, marking the application ‘Sri Lanka Scholarship’.

More : dailymirror.lk

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

Suryadatta Institution, Pune offers MBA courses to graduates, and professionals. Fresh graduates can pursue MBA through Suryadatta admission test (SAT).

Suryadatta Institute of Business Management and Technology (SIBMT) offers two years full time PGDM in Retail + FMCG, Telecom + IT and Services + IT Enabled Services.

Suryadatta Institute Of Management and Mass Communication (SIMMC), offers two years full time PGDM in Marketing + International Business (IB), Human Resource + International Business (IB), Finance + Marketing, Marketing + Information Technology (IT), International Business + Information Technology (IT).

Suryadatta Education Foundation’s Suryadatta institutes are offering management education since 2000. The contemporary education backed by industry training and overall development is the key factor of Suryadatta students who are trained in simulated environment and fine-tuned in accordance to the requirements of present corporate world, says a press note.

More : navhindtimes.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

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.

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.

In Maharashtra, a college was found not to run, but 15 course illegal, duping students of lakhs of rupees, with a conclusion have no legal validity.

The glossy brochure collge announces post-graduate diploma course sagen”Join as a student, you as a professional.”

It is Chetana of confidence by two of its institutes - Chetana Institute of Management and Research and Chetana Institute of Development Studies.

The complete list of courses to impress everyone, with 15 races Post-Graduate Program in Retail Management Post Graduate Diploma in Business Management, Business Administration and Management of events.

Courses illegal

Regarding students are not known, is that all these courses are illegal. They have not the sanction of the All India Council for Technical Education, the body under the HRD ministry is expected that the increase in technical training in the country.

This means that the qualifications of the two institutes hands each year hundreds of students and professors are not worth the paper they are printed.

The direction of Chetana Trust, a former Education Minister Madhukar Chaudhari education for at least one of these courses since 1991 and since then has not time to get it approved by the AICTE.

The AICTE said he is aware, in the illicit traffic and, of course, the college has an opinion.

The secretary of the Chetana Trust Prem Anand Roopvate refused to talk to the camera, but said:”We have these courses in the last 12 - 15 years. We are an autonomous institution, we do not need permission AICTE. But we AICTE on the admission of PGDBA and PGDBM course in June 2006.”

Rules unclear

But the question is, provided that the institution of autonomy? If NDTV spoke to AICTE, they said, the rules were clear.

Non-technical training institute in a certain way to begin classes without prior agreement.

Chetana is just another example of the operation, that the increase in technical and training in our country.

Perhaps the only path that can be red word if the body AICTE, governs and regulates education, cracks on these illegal settlements, who has played with the career of many people

More than 70 students, received access to land the best Management Institute, met Sunday evening to celebrate their success at an event organized by the richest victory of Education Institute of Management Pvt Ltd, mouth of the people known as the name of TIME.

The students were gecoacht Time, which has 51 centres in cities and municipalities across India. The Institute manages more than 25000 students from the town Admission Test (CAT) -2002.

According to Rajeev Sathyesh, provided that the number of visitors IIMS at Ahmedabad, Calcutta, Lucknow and Kozhikode, who was coaching full-time and up-to-date, the group discussion and dialogue was a breeze. Sathyesh, an engineering degree, specializing in marketing plans at IIM, Ahmedabad.

Aditi Tandon, an art student at St. Francis College, received the Management Development Institute, Gurgaon, if time coaching they do not know much about Management Studies. “However, coaching and equipment delivered at TIME has also helped a student of art as I surely admission to institute a premium,” said Aditi.

“It is the” Relationship Management “, particularly the extraordinary studentfaculty report that staff met TIME independently of other coaching institutes,” Sainag curriculum vitae is accession IIM Bangalore reported next month.

Sainag, gave his second shot on the chat in 2002, said the faculty and staff in the TIME are also concerned and caring, even if it is not that the entry into the IIMS in 2001, she continues to strengthen its morale and encouraged the entry test other shot.

Ilya MV sand, has received, IIM, Calcutta, said coaching in time, so that one feels “more comfortable” in interviews and focus groups.

TIME P theatre directors and Manek Daruvala Viswanath, the payer and teachers of high schools in the city were also in the Get-together. 670 students have finally secured IIMS selections solely on the Cat 2002

According to a report in The Tribune of November 23, Mr O.P. Jindal, industrialist-turned-politician, has resigned from the Haryana Vikas Party because the Bansi Lal government stopped the aid to Maharaja Agarsain Medical College and Hospital at Agroha, Hisar.

The total project cost for the hospital has been mentioned as Rs 30 crore. Mr Jindal has brought shame to the entire Vaishnav-Aggarwal community in India by looking to the government for a petty amount of Rs 30 crore.

He should remember that the Aggarwals all over India constitute a very prosperous business community. If a single call is given to the community it can contribute the full amount of the project cost through donations. The late Ghanshyam Das Birla founded the prestigious Birla Institute of Technology and Science, Pilani (Rajasthan), entirely from his own resources. The late Jamna Lal Bajaj and Shreyans Pershad Jain established institutes of management of international repute in Bombay with their own contributions.

Mr O.P. Jindal is himself so resourceful that he can contribute the entire project cost of Maharaja Agarsain Medical College and Hospital at Agroha. But if he finds it difficult, a single call to the Aggarwal community will provide the much-needed funds to the hospital management.

Design Institute Pearl Academy of Fashion Wednesday, said she wants on the opening of institutions in China and Sri Lanka next year in collaboration with foreign textile companies to the creation of the growing demand for professionals hand - d ‘work in this sector in the Asian markets.

“There are many professionals labour demand in the Asian market, and we wish him emphasize the same thing. That is why we look forward to the opening of our institutions in China and Sri Lanka next year, “Academy of Pearl Group Fashions Director, (national and international) AKG Nair said.

He said that negotiations are underway with textile companies based in those countries to develop tie-ups for the creation of institutions.

The Academy, which is encouraged by the group of clothing Pearl Global Ltd, has already Institute in Dhaka and Sharjah.

In addition, via RS 500 million (U.S. $ 10.7 million) was designed for the infrastructure development of the Academy of Noida and institutes of Jaipur.

“We spend RS 300 million to the Institute of Noida and Rs 200 million on one of hostels in Jaipur and new buildings,” he said.

The institutes Chennai, New Delhi, Jaipur and Ludhiana, the Academy will also open its first facility in Mumbai, in collaboration with a group of media, he added.

The Academy Management Institute, a “Pearl School of Business Studies and American would Babson College under the Institute.