It may be just another academic programme for most of us. But the equity that the soon-to-be launched Post-Graduate Programme in management for Executives (PGPX), holds for the Indian Institute of Management, Ahmedabad, is evident from the fact that the institute plans to allocate Rs 1 crore for promotion of the programme from the next academic year.

On Sunday, the 62 participants of IIM-A’s PGPX programme will begin their induction as the programme gets launched together with the institute’s much-awaited convocation.

The objective of the programme, first introduced in January 2004, is to enhance skills of working professionals, particularly of foreign origin. The first batch of 62 comprises four foreign citizens - one British, one Malaysian and two American - and three foreign permanent residents.

HYDERABAD: The Institute of Chartered Financial Analyst of India (ICFAI) University on Thursday announced the launch of two part-time courses - a 27-month Chartered Financial Analyst program and a three-year MBA program.

These programs, which is supported by the full-time faculty of the University of ICFAI, after 6 clock and is the same curriculum as the full-time courses.

A provision for an internship was also in the structures and, of course, certain changes to the benefit of working time executives, professionals and entrepreneurs in the content, ICFAI Dean Prof. CVA Prasada Rao, said addressing a press conference.

This is the first time that the ICFAI University is the implementation of Part-time courses and eligibility for these courses is graduation. Application forms and prospectus for the courses are available at the counter in the ICFAI Business School, Nagarjuna Hills. The deadline for submission of forms is July 14.

EUROPE’S single currency is 32-months-old. Despite several months, the perplexing nature of its journey is obvious and apparent. The recurring accidents in its daily existence are many and there is a great deal of struggle to reveal itself as a key curre ncy.

While its main competitor — the US dollar — is completely possessed of the experience of ephemeral precious strength irrespective of its economic complexion — be it booming or slowing down — the market’s way of punishing the euro, stamping its hard m ark on it is indeed a curious imperfection in the arena of exchange rate economics.

The tragic crisis surrounding the euro, its absolute helplessness to rally itself and achieve a measure of worldly success as a worthy rival to the US dollar even in the face of the US economic slowdown and consequent series of interest rate cuts there, is really puzzling.

The configuration of key exchange rates in the current stagnant phase of global economy clearly demonstrates that the euro problem is not merely a logical derivative of the US success or failure, but it has more to do with the structural and political pr oblems of the EU. Given the market perceptions to the ECB’s reluctant intervention on select occasions and the latter’s inability to ensure a significant turnaround, there is no justifiable right for investors to contemplate any worthwhile recovery of th e euro.

While tracking the euro, many interesting insights are in order. At the time of its launch, the great expectation was that besides facilitating and building up a unified larger European currency area and Economic Union, the euro would also gradually emer ge as a dominant alternative to the dollar for the prospective world investors, including the central bankers of the world. There was also a rational fear and cautious apprehension that in the event of the euro becoming an appreciated and appreciating cu rrency, Europe would slide into recession, thereby dampening the growth potentials of the Euro Zone and intensifying unemployment there. But, quite paradoxically, the evolution of the euro had all the essential ingredients of drama, culminating in an ant i-climax of continual savage fall.

As the euro started its journey with an unrealistic level, a moderate fall was only to be expected. Indeed, it was welcomed as the best Keynesian option to correct cyclical adjustments, given the famous Keynesian rigidity of labour market conditions in t he European Union. But after the transitional lag, when the euro failed to recover lost ground, experts began rationalising each fall ex-post , and offering a variety of explanations.

The persistent fall of the euro in 1999 and until late 2000 when it touched just below 83 cents, 30 per cent below the rate at which it started life, was a classic case of an experiment in the art of “clean float”. The European Central Bank remained as a mute spectator or bystander to developments in the forex market, with sporadic oral and actual intervention in moderate doses. Though the euro made a mild recovery in 2001, it is yet to find its own feet.

The question of efficacy of central bank intervention in the forex market has been extensively debated in literature. Having grasped all its nuances, the ECB did not want to be seen as one leaning against the wind. The passive and indifferent attitude of the central bank either implied that the famous growth differential argument (discussed below) warranted the dollar’s rise and the euro’s fall or the indigenous growth stimulating effect of euro’s depreciation must be allowed to exert its normal respons e, so long as it did not impinge on inflation performance target — dear to the policy-makers of the European central bank.

One of the principal reasons why the ECB chose not to disturb the path of evolution of the euro exchange rate was that it did not embrace any specific exchange rate or interest rate target. It was single-mindedly focussing attention on monetary policy gu aranteeing price stability. Keeping the euro-area wide inflation target below 2 per cent over the medium term exchange rate was allowed to wander and the movement of interest rate was sought to be linked via Domestic and International Fisher effect and i nterest arbitrage.

The industry has incorporated, in collaboration with the National Institute of Applied Management
University to design curricula, execution and degree examinations award

Bangalore: University of Madurai Kamaraj extends its university network, on Monday the launch of his MBA (Industry Integrated) Programme on MS Ramaiah Institute of Management (MSRIM).

Vice-Chancellor P. Maruthamuthu led a team of officials at the University of Bangalore, Madurai, visited the facilities available on campus and interaction with students, has received approval in two years.

The industry integrated MBA program was developed in collaboration with the National Institute of Applied Management (NIAM), New Delhi. The classes of first year students began on Monday.

In an interview with presspersons, MR Pattabhi Ram, Director, MS Ramaiah Institute of Management, said the course was incorporated into industrial training. “The component of experiential learning is there. During the course, students have internalized training with industry.”

Given that the proposed tie-up, the University of designing the curriculum, investigate and award degrees, while NIAM manages and coordinates the industrial training.

M.V. Madan, Dean, MSRIM, 60 students were admitted this year to strict control. NIAM Executive Director Rajiv Mehta, said the demand for graduates has been gifted to the rise in the services and banking sector. That is why, MBA courses integrated with industry would help students Country jobs.

The problem of speech took office, the vice-chancellor of the university said that, at regular intervals send teams to monitor the implementation of the course.

He invited the Institute to improve infrastructure on the needs of students.

February 6 - Mumbai, India - Mudra-Foundation for research and education, communication today announced the launch of its Communication Research Institute - Mudra Research Institute of Communications (MICORE). The objective of the Research Institute on a large area of communication and help during the study on this subject in all its aspects.

The regions, research can be done in the institute are integrated marketing communication, semiotics, social and development communication, journalism, mass media, computer games and cyber-culture studies. Alan D’Souza, a member of the Governing Council, MICA (Mudra Institute of Communications, Ahmedabad) is the dean of the MICORE in office until another person in charge of the Presidency.

Difference over 25 hectares, the Institute span after the end of May in 30 to 40 hectares and is bounded in the library, management and service area housing. Although the actual number has not been demonstrated, the Institute may see an investment of nearly R 50-100 crore after completion.

The research programmes itself may take some time, during which the Foundation is currently recruiting and people direcotors search for other important posts. The promotion can be manual or MICORE could, in conjunction with another university - these details are not yet completed. Regarding the start, Madhukar Kamath, president, Mudra Foundation, said: “MICORE the individual is a world-class environment for research in the field of communication. MICORE You may think that Bell Labs communication equivalent for research.

Development Institute (MDI), Gurgaon think the executive offers its online programs for foreign executives. Said its new director, Sujit K Basu, “We’re looking in distance education for executives abroad, particularly businesses, interest in the Indian market. Curbs also repeal the open learning, we can now consider tie-ups abroad B - Schools and offer, in collaboration Distance Education. ”

Says Ms. Ananth, director, IIT Madras, “Our program is already available and is now available online for students studying in itself. For the moment, we do not start a degree or certificate online training. Let’s wait for the future. “Meanwhile, the International College of Financial Planning has announced the launch of its online program in collaboration with the New Zealand Institute of online learning.

These permits have been displaced by a decision by Monday, distance Education Council - the Board of Directors for distance education and online campaign - repeal of the geographical jurisdiction of the agreement is limited to one educational institutions, inside its borders.

Expressing resentment over alleged “inaction” and “indifferent” attitude of the Union Human Resource Development Ministry and the University Grants Commission towards its demands, the Federation of Central Universities Teachers’ Associations (FEDCUTA) has pressed for resolving all the pending issues like raising of retirement age of teachers and implementation of career advancement scheme.

At a recent meeting held at Jamia Hamdard University, the national executive of FEDCUTA reviewed the progress on its demands and discussed the various issues at hand. It has demanded that all pending issues like increasing of retirement age of teachers to 65 years, implementation of Career Advancement Scheme from January 1, 1996 and restoration of professorship in colleges be immediately resolved.

For the first time perhaps, students of one B-school have put their heads together to develop a business strategy for setting up another B-school.

Five students of Indian School of Business (ISB), Hyderabad, have worked jointly with Institute of Management Studies (IMS) on the latter’s growth plans in the area of formal education, the first step being the launch of Praxis Business School in Kolkata that will start functioning from July this year.

IMS India that offers coaching to MBA aspirants to prepare them for their entrance exams assigned the task of developing the overall growth plan to these ISB students under their “Experiential Learning Project” (ELP) during which they take on different consulting assignments with the industry.

Ajay Aravind, Alok Bhagwat, Nandan Savkur, Sharath Menon and Varun Gupta consulted for IMS India for a period of four months. Working closely with them, the ISB group developed a backbone business strategy, designed a financial model and a plan to execute and sustain the new venture in the future. They also interviewed students, faculty of other B-schools and industry to find out what an ideal business school should look like.

As part of the 11th Plan proposal, Indira Gandhi National Open University (IGNOU) is planning to establish 8,000 tele-knowledge centres in the rural areas to disseminate information about the need for sustainable development to underprivileged regions and groups of the country.

Announcing the move this past week, Vice-Chancellor V. N. Rajasekharan Pillai said the IGNOU Board of Management had approved the institution of the centres in sustainable development with eminent agriculture scientist M. S. Swaminathan as the honorary chair.

The final placement at Delhi University’s Faculty of Management Studies (FMS) was “immensely successful” and saw a rise of the average salary by 35 per cent from that of the past year.

As it signs off, this class has seen its average salary go up one and a half times to touch Rs. 12.04 lakhs per annum with an even bigger and better list of recruiters. As many as 40 per cent of the present batch were offered international stints with different companies.

For the MBA-MS (Management of Services) batch of FMS, the haul was equally good with both domestic and foreign jobs on offer.

In an attempt to create awareness among the youth on the importance of Basic Sciences, the Faculty of Natural Sciences at Jamia Millia Islamia (JMI) recently organised the first “Natural Science Information Festival”. The event was inaugurated by Vice-Chancellor of Guru Gobind Singh Indraprastha University K. K. Aggarwal and presided by JMI Vice Chancellor Mushirul Hasan. Prof. Aggarwal released a souvenir of the festival comprising articles and abstracts of technical papers.

The Women’s Studies & Development Centre of Delhi University conducted a three-day workshop on “Capacity Building of Women Managers in Higher Education” this past week. The target group was the women academicians from Delhi University and its different colleges. Vice-Chairperson of the University Grants Commission Moolchand Sharma inaugurated the workshop.

Indore July 27 (PTI), the Indian Institute of Management, Indore (IIM Indore), and Distributors Association of India today signed a Memorandum of Understanding for the establishment of a centre for education and the Retail Management (Cream) at the Institute of training of the workforce quality for the fast-growing sector.

The statement of intent was dying of the IIM-Indore SP Parashar director and CEO of the Association Gibson Veda Manitoba.

The Centre is a source of research, training, consulting and Executive Education programs for retailers in India.

Speaking of the occasion, paradise Shar said a revolution took place in the retail sector, and it will only be effective if it is formed by a manpower quality.

Veda Manitoba said it is a necessity for the 2.5 million workers in the retail sector.

He expressed concern that small retailers would be negated by increased competition is not based on actual data of discretion because it enough space for all types of formats from retail to co-exist India.

The Institute is considering the launch of the programme in the long term management of the duration of detail in September.

Bangalore: Management graduates and seem no longer feel, timpani, the submission of project reports and ensure the high quality help, a comfortable working.
They use two years for a period of the study of the feeling of social problems and the implementation of their commitment to social causes.
Students of the Institute of Management Indians, bangalore, at least some of them are in the process of the literacy program completion of a residential village on the outskirts of the bangalore.
If the initiative is completed, a group of volunteers, who visited the village on weekends and children basic skills in the language of English.
It is not part of their curriculum. It is under the auspices of vikasana, a social service organization for students in the various community activities of social assistance.
“ Expect the launch of the literacy program in the fourth semester of the second year in September. Student teams, please visit the SOS village over the weekend and children the basics of reading and writing,”delighted sairaman, a student in the second year of the program pgp, said the newspaper.
This is just one of several initiatives vikasana join the Commonwealth of welfare activities.
Interestingly Vikasana the first time during the year was created in 1992 to give children of construction workers at iim. Later, it has long-term relationships with voluntary organisations, in particular with the spastics society in India.
“ Vikasana members to meet and interact regularly with children of the Spastic Society. We also help receipts from the sale of greeting cards and other items such as candles,’’said delighted.
Vikasana mobility assistance india, ngo, the sale of T-shirts. The latter provides artificial resource for people with disabilities.
Each year, second year students iimb a detailed presentation of the vikasana freshers and other people interested in social welfare work as members of session. “ Students must have a high level of motivation as part of the organization. Most of them are reluctant to communicate with him, not because it contributes to a cv that, unlike other clubs. But everything depends on the people and their perception of what they want in life, “said aparna garimella”in the first year, students work actively in the organization of work.
In addition, these activities also contribute, students chart their professional future. “ In addition to exposure to social issues, with the participation of vikasana will also assist in identifying and achieving our potential in which he finds himself. In addition, a long-term cooperation with organizations of volunteers is established,’’said aparna.
As part of the end of the annual activities, a judge vikasana of children in orphanages different from the Institute, on August 19. The children from orphanages throughout the bangalore should participate.

Strategy implementation of the mark: K.S. Ramesh, Cavinkare former CEO, and delivers a lecture on “winning strategies strong brands”, organized by the Club BL, Kochi, on Monday.

KOCHI: KS Ramesh, former Chief Executive Officer and Executive Director of Cavinkare, said that the conduct in the market would not be able to brand image, but what is equally important and relevant, profit sharing .

He gave a conference on “winning strategies of brands”, at a meeting organized by BL Club, Kochi here on the campus of the University of Communication and Management Studies. He pointed out that over 95 % marks which were involved in the markets have been for the product, the space they occupy, but only five percent of them have been able to differentiate their brands in relation to others.

It was this aspect that has been in creating a strong brand and lasting solution to the image he visited.

Discussion with students at the Business Line seminar, he drew the bodies of several trademarks, which now account for the strength of several decades. The major share profits is often necessary to build a lasting and continue on the mark. Given that the views of the establishment strong brands, Mr. Ramesh stressed the need to refine the concept of the brand, the brand in front of the exercise is underway.

It is the product of a brand innovations would be recalled that, for long periods. Powered research on the market for macro scale is equally important to determine how the market reacts to the mark.

All brands and strong need for interaction with the consumer.

Strong R & D is also important for the launch of the brand, as well as the preservation of the east in the market. The company as a pro-active, how far upgrades of products are concerned. They should be able to see how to behave as competitors in the market and should be ready with updates for the next three years.

Mr. Ramesh cited the case of 70 upgrades, that the product, Tide, took on the market during the 41 years, the translation of a product upgrade for all seven months.

These steps can be the product to get their value for the money spent. In the Indian context, with its large agricultural hinterland, Mr. Ramesh stressed the importance of branding until the last point of sale. “Hour of truth for the consumer, the brand if it buys and consumes the mark when it,” said Dr. Ramesh.

S. Narayanan, Regional General Manager of The Hindu, Kochi, starting with a brief presentation on the relevance Business Line clubs for academic institutions, and how they help to promote a new generation of light yellow and the leaders and scholars tomorrow.