Aaron F. Cooper II, a self-described worrywart, never thought his penchant for devising foolproof backup plans could translate into a calling. But that all changed when he signed up for an elective in risk management while at the University of Georgia’s Terry School of Business executive MBA program last fall. “It entails pretty much everything I’ve always been interested in my entire life, even before I knew risk management existed,” said Cooper, 27, a telecommunications engineer at AT&T (T).

Cooper is part of a new wave of students hitting business school campuses. For years, risk management—the process of analyzing exposure to risk and determining how best to handle it—occupied a sleepy corner in business schools, a subject mainly of interest to those who want to enter the insurance field. But with the recent turmoil in the financial markets and a push for more accountability, risk management has rocketed in status at business schools.

In the past decade, a growing number of B-schools have added concentrations in the subject, ramping up the number of classes they offer. Executive MBA programs are also incorporating risk management electives into their curriculum, responding to increased demand from executives and companies. In some instances, schools such as Georgia’s Terry are developing custom programs on the topic for top executives and boards of directors.

More : businessweek.com

Hyderabad: Mere traditional academic knowledge is not enough, it must be up-to-date theoretical and practical knowledge of the subject, with the skills, the right to employment opportunities emerging issues, “said The Bal V. Mohan, vice-chancellor, Acharya Nagarjuna University, Gunturu.

It was the opening of the workshop on the theme “education and career opportunities for students of trade flows” here Monday.

The workshop was organized by the Society for career Iqra. He said he was wrong to think that like chartered accountancy courses, Company Secretary, costs and works in the accounting was difficult to pass.

Those who, systematic and concerted efforts to succeed, “he added.

M.G. Gopal, secretary governor, briefed the flow of commerce students, and not merely as a leader in finding a job, but rather to providers of job opportunities in exploitation by the company. Banks, financial institutions, insurance companies and investment funds, it offers a multitude of employment opportunities, better suited to students were women, “said Gopal.

Other speakers such as T. Venkatesh, director of the ICFAI Business School, Bangalore, KV Achalpati OR, AVSN Murthy, president, Institute for costs and Works Accountants of India said vocational training in trade flows was the least expensive in comparison to other professional courses.

Previously, Abbas Ali Mohd of Osmania University, welcomed the students.

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.

Max New York Life Insurance Company of Gurgaon 20 ranking of India is the first list of Top 25 Great Places to Work.

The list was based on a survey of five months Grow talent company Delhi, in collaboration with Business World and Great Place to Work Institute Inc. The Great Place to Work model focuses on the staff, who to say about their workplaces.

It focuses on three main parameters of confidence (Do you have confidence in the people with whom you work?), Pride (pride, what you are doing?) And camaraderie (such as people with whom you work?). The survey of 20000 employees in 120 sites and participation was voluntary. Max New York Life employs 743 people in 18 sites. There were three women in senior management level and eight people, more than 44 years. Turnover rate is 26 percent. On a scale of five, the company had a rating of three on the four main parameters of fun working space, the development opportunities of camaraderie and pride. The company carefully implemented its philosophy to reward good performance. Agents and employees of the company with a lot of money, recognition of specific training and other rewards if they do well. The objectives are steep, 100 percent annual growth at all levels and latecomers will not be retained. Key Result Areas (kras) frameworks are available on intranets companies.

Max New York Life Insurance Company of Gurgaon 20 ranking of India is the first list of Top 25 Great Places to Work.

The list was based on a survey of five months Grow talent company Delhi, in collaboration with Business World and Great Place to Work Institute Inc. The Great Place to Work model focuses on the staff, who to say about their workplaces.

It focuses on three main parameters of confidence (Do you have confidence in the people with whom you work?), Pride (pride, what you are doing?) And camaraderie (such as people with whom you work?). The survey of 20000 employees in 120 sites and participation was voluntary. Max New York Life employs 743 people in 18 sites. There were three women in senior management level and eight people, more than 44 years. Turnover rate is 26 percent. On a scale of five, the company had a rating of three on the four main parameters of fun working space, the development opportunities of camaraderie and pride. The company carefully implemented its philosophy to reward good performance. Agents and employees of the company with a lot of money, recognition of specific training and other rewards if they do well. The objectives are steep, 100 percent annual growth at all levels and latecomers will not be retained. Key Result Areas (kras) frameworks are available on intranets companies.

The traffic police has become the most efficient and effective agent of the insurance companies! The irrationality of the traffic police on insisting that the original copy of the insurance policy should be carried along is beyond comprehension. What is then the use of getting your vehicle insured? If the vehicle is stolen along with the insurance policy copy, imagine the trouble and tension the vehicle owner has to suffer to get the claim. After all, the insurance company will ask for the original copy of the policy.

The traffic police does not accept a photocopy of the policy. Many people are thus taken unawares. And the fines are not petty. For not carrying the original insurance policy the fine is something like Rs 700, which goes up to Rs 3000 for other so-called defaults.

Wah! How smart these traffic police personnel are.

On a particular day of a particular month (probably when they have to show their collection upward) one would find the traffic police forgetting its traffic control role, and creating traffic havoc by stopping vehicles for minutes and hours. Great show! Don’t you think this is an arbitrary policy. The behaviour of the traffic police should be made known to those who have not faced the music so far.

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.

Students of the Mangayarkarasi College of Arts and Science for Women, Paravai, had a brainstorming session on women’s rights when they were asked to raise their voice against violation of their rights.

At a legal awareness programme organised recently by the NSS, the students were educated about laws, rights and how to fight violations.

The advocate, R. Gandhi, urged them to be courageous and stressed that remaining sentimental made women vulnerable to be trapped while men escaped punishment.

“If an ordinary woman does not question and speak out, it means, in effect, she is endorsing violations of rights,” Mr. Gandhi said, answering queries from the students.

He spoke on the provisions of the Indian Penal Code, which protected women, and suggested that remaining sentimental at the time of violations did not serve the purpose. The college had another programme at its Department of Commerce on the subject, `Insurance and its importance.’

K. Aruna, financial advisor, ICICI Prudential, gave a lecture on the role of insurance in safeguarding families and a skit was presented to explain the theme.

A To gear up for the spurt in demand for trained insurance professionals, both for insurance and brokerage firms as well as their intermediaries (market projections peg the demand at 25,000 additional jobs), several institutes have emerged that offer courses at all levels.

Almost all the big companies impart in-house training to their freshly recruited advisors to equip them for the mandatory IRDA exam.

Amity has joined hands with the Zambian technical education and vocational regulatory body, the Technical Education Vocational and Entrepreneurship Training Authority, to promote quality educational and management programmes and training in Zambia and India.

Atul Chauhan, President, Amity, and Dr. Patrick Nkanza, Director General, TEVETA, signed the MoU, as per which both will conduct a study to identify the training needs of the Zambian training institutes.

Student and faculty exchanges will be undertaken and training will be offered in areas like Business Management, Finance, Behavioural Science, Biotechnology and Insurance and Actuarial Science.

The TEVETA will assist Amity in setting up institutions in Zambia by providing information on general political and economic environment.