Would-be MBA students getting ready to take the GMAT might be in for a little surprise when they show up at the testing center. In addition to all the usual security measures—including video monitoring and the computer adaptive test itself—test takers will soon be asked to submit to a new one: a biometric device that uses an infared light to capture the test-taker’s unique “palm vein pattern.”

Pearson VUE, the company that administers the GMAT for the Graduate Management Admission Council, plans to announce the new security effort tomorrow, but BusinessWeek got a sneak peak at it today.

The Fujitsu “PalmSecure” device will be rolled out next month at 16 testing centers in India and Korea for GMAT candidates. It goes live in the U.S. this fall, and when fully deployed will be used in 400 facilities in 107 countries by May 2009.

The announcement comes as the b-school world is embroiled in a cheating scandal involving the GMAT–users of a now-defunct test prep Web site, Scoretop.com, have been accused by GMAC of using it to post and access live test questions, and GMAC has said it will cancel the test scores of anyone who violated its rules.

But the new security measure is designed to stop a different kind of cheating–the use of professional test takers, or proxies, to take the exam on behalf of someone else. GMAC’s been burned by this type of cheater before. Back in 2003, it busted a half dozen people who took the GMAT for others for about $5,000 a pop. GMAC canceled 166 scores as a result, and five of the six imposters ended up at Rikers.

More : businessweek.com

Oil and Gas Corporation (ONGC) has submitted a government proposal to increase paid up capital by ONGC Videsh of Rs 300 crore according to RS 500 crore.

ONGC Videsh is a subsidiary of ONGC, is investing in oil ventures abroad.

“The registered capital of ONGC Videsh is relatively low compared to debt on its balance sheet. The issue of debt-equity compared sometimes the way of smooth running of our business abroad. We also proposed that the authorized capital of ONGC Videsh, up to Rs 5000 crore, “Mr. Subir Raha, Chairman and Managing Director, ONGC, said the edge of the newspersons launch of the “super-Unnati Prayas programme for ONGC employees.

Under this programme, ONGC sends his career in the mid-leaders of the Indian Institute of Foreign Trade (IIFT) for an MBA 18-month residential program.

The program, under the direction of IIFT for ONGC workers should pay special attention on trade and international affairs.

For the first part, twenty leaders were selected from about 340 nominations received from ONGC employees.

Mr. Raha said ONGC and spend over Rs 25 crore per annum for the training of its leaders in management and engineering programs.

The company will also soon in a tie-up Management Development Institute to offer a general programme management of his career in the mid-leaders.

BHUBANESWAR : The city branch of ICFAI Business School claimed that all its students were absorbed by different companies marking 100 per cent placement in 2006-2007 season.

“The average remuneration on a per annum basis is Rs 4.5 lakh while the highest range has touched a mark of Rs 6 lakh per annum,” the school said.

It said some of the major recruiters, who participated in the placement drive, were ICICI Bank, India Bulls, Kotak Securities, HDFC Bank Ltd, Anand Rathi, UTI Securities, Pantaloon Retail India Private Limited and Indus Bank Limited.

The next batch placement season would commence from the month of September and was expected to be completed early 2008.

St. John’s University conferred 2,146 undergraduate degrees at three graduation ceremonies held over the weekend.

The Rev. Donald J. Harrington, president of the university, gave the keynote address at all ceremonies for the 122d commencement exercises.

Addressing the students at the campus in Jamaica, Queens, yesterday, Father Harrington told the students that “the quality of life in society rests upon the quality of education in our grammar and high schools and in our colleges and universities.”

Referring to the rioting in Los Angeles, he said, “Regardless of how we interpret the events of the past month, regardless of where we seek to place the blame, I submit to you that an essential part of any solution must be the renewal of the educational system of our land.” Industry, Health, Banking

At the first ceremony, held in Alumni Hall in the morning, an honorary doctor of commercial science degree was awarded to Michael E. Maher, an alumnus of the university who is chairman of Maher Terminals Inc. in New Jersey, one of the largest independent container terminal operators.

Sister Irene Kraus, president of the Daughters of Charity National Health System in St. Louis, received an honorary doctor of letters degree.

In the ceremony held in the afternoon, also in Alumni Hall, an honorary doctor of commercial science degree was awarded to Richard T. Greene, president of Carver Federal Savings Bank, one of the largest black-owned financial institutions in the nation.

Edward Mercado, director of the Office of Civil Rights for the Department of Health and Human Services, received an honorary doctor of laws degree.

On Saturday, a commencement ceremony was held on the Grymes Hill campus of the university in Staten Island. An honorary doctor of civil law degree was awarded to Josephine L. Gambino, president and senior member of the New York Civil Service Commission. Cornell University

Cornell University’s 124th commencement took place yesterday in a cold rain with temperatures in the 30’s, prompting the university’s president, Frank H. T. Rhodes, to cut short his prepared remarks to the 5,900 graduates. University officials said it was the first time in 17 years that it had rained on commencement.

Each of the graduates of Cornell’s 11 schools and colleges at the ceremony, which was still held outdoors on the campus in Ithaca, N.Y., was given a red rose. Mr. Rhodes used the occasion to remind them to “take time to smell the roses.”

Mr. and Mrs. James S. Wey of Needham, Mass., have announced the engagement of their daughter, Susan M. Wey, to William Colyer Crum, son of Prof. and Mrs. Colyer Crum of Weston, Mass., and Sunapee, N.H.

A September wedding is planned in Needham. Miss Wey, an engineer at Honeywell Electro-Optics Operations in Lexington, Mass., was graduated cum laude from Wellesley College and next month expects to receive an M.S. degree in electrical engineering from Northeastern University.

Her father is with the trust department of Hale & Dorr in Boston.

Mr. Crum, who is a magna cum laude graduate of Harvard College, is a third-year student in the joint J.D.-M.B.A. degree program at the Harvard Law School and the Harvard Graduate School of Business Administration. His father is James R. Williston Professor of Investment Management at the Harvard Graduate School of Business Administration.

Several times a week for two years, Abraham Zaleznik, a professor at Harvard Business School and practitioners psychoanalysts, was created by the president of a large American group to his supervisor a plush offices of Boston’s skyscrapers. In order to write a biography of the committee, Mr. Zaleznik settle a slight lead chair and begins his tape recorder, and the businessman would talk about his ambitions and emotions, projects, it took declaration of love and its plans.

Hundreds of hours of interviews, history was born a company president, was able to feel like the seduction of power, was forced to make decisions that stirred his sense of fairness. Mr. Zaleznik its theme and spoke about the businessman’s regrets and lessons to learn from its experiences.

But the executive decided at the end of completing the book. ”I think there were some ambivalence about him, because he knew he was not able to be on a podium,’’said Zaleznik. Unfortunately,”I do not think he understands the importance of his life.”

The psycho-biographies aside for typical problems related to the review of the personalities of leaders: They are not always willing to discuss or allow the study, as they think. But Mr. Zaleznik persists, try inside the heads of corporate head interviews, observation and psychoanalysis at work.

In order to study on the psychology of the entrepreneur, Harvard University, last month appointed the 59 years of solitary Konosuke Matsushita Professor of Leadership.

The chair is equipped with a donation of $ 1 million by Matsushita Electric Industrial Company of Japan, for the first time a foreign company has stiftete a professorship at Harvard’s Graduate School of Business Administration. The grant is the result of negotiations in 1981 by M. Zaleznik and a colleague who went to Japan for funding is requested.

”In the past 25 years, emphasis on Business Schools was to improve the technical skills of students so that they can better financial analysts, statisticians better, better enforcement of economists’ ’said Zaleznik, in an interview at his Lexington home, Out of Boston. ”We have lost what I believe is an important idea that the execution of an organization with a human dimension. I see this chair as a determined effort to really detail in the centre of an organization.”

Other teachers not to ignore the factors of personality, but a lot of stress management courses organization charts, with lines of the Authority, productivity and rewards. These can be learned, thought, but it is difficult to negotiate someone for a certain type of person.

Professor Zaleznik says, however, that the company’s success is more by the personality of their leaders by how they are organized. The person in charge, he said,”is the instrument by loyalty and morality is created and people are motivated.”Personal relations between the leadership and downstream are more important, he added, that those reports to a staff member. And he said, students can indeed learn how personal relationships.

Professor Zaleznik has isolated the approach of the Harvard Business School, and collected a few eyebrows as if the date was announced. Le”doyen knew very well that this would be a controversial appointment,’’said a person familiar with the decision requested not mentioned.

The analogy may not be far, some observers of the book industry used to say. Editors, publishers of educational books, in particular, have long used, book sales of reprints churning out every two years. But the Internet, particularly sites like Amazon and eBay, millions of consumers an easy way to find cheap books - often for less than $ 1 - without license fees to pay publishers or authors.

Mass-Market publishers are not safe, used books interesting phenomenon is a problem of addressing, but also others in the industry have their heads.

“We believe it is not good for the industry, and it has an effect, but we can not measure,” said Paul Aiken, executive director of the Authors Guild, a trade group . “It has always been used book sales, but it is always background noise something. Now it is on the right side of the light of a new book on Amazon.

Lorraine Shanley, a senior partner at Market International, a consultant on publication, said the industry was just starting, for the dimensions of the problem.

“Good business for consumer policy are books such as Napster, it was the music industry,” she said. “The question is” How does the book industry address its used book problem? “There is no simple answer, especially since nobody is breaking any laws here.

Shanley, whose company reported on used books this month in their newsletters, publishing trends, said that publishers were beginning the consequences. “We asked publishers, like many a topic, and the answers are” I also many other problems to deal “or” Yes, this is a problem, but it is not easy solves I can ‘t really concentrate, “she said.

Greg Greeley, Amazon Vice President or media products for North America and Japan, strenuously disagreed with the idea that online sales of used books for the publication of the branch. And some publishers are not really for this e-Business used as a problem.

“It is often argued that there are two types of buyers,” said Chad Haight, publisher of Seattle-based Sasquatch Books. These are the bargain hunters, go to bookstores used by the search for a Deal, then he said, are those who, “Go into bookstores often looking for new books. It is d ‘ another category of customers. ” The discount to buyers, Haight said, it is expected by the end of shopping on Amazon.

“I think that they (in the case of Amazon), welcomed the availability of the publication industry,” said Haight.

Furthermore, he added that, unlike the music industry, publishing world has never planned books to a single user of the product. In fact, sharing a good book, that most, it seems almost like a moral obligation.

“We have always believed that if you sell someone a book, they are likely to redistribute it to someone,” said Haight, and added that this may help, mouth-to-mouth resuscitation on an author, editor for an end higher turnover across the line.

Pat Soden, editor of the University of Washington Press, he said more concerned about critics see copies of books, which are not available for retail, are resold.

Two researchers surprised the public in a convention of security during the last month of its finding a version of Microsoft Windows is more secure than Linux, an operating system competitor.

Download a copy of Windows vs. Linux study in PDF (265K).

This week, researchers released their finished report, and they contain more of a surprise: Microsoft was funded by the project long.

Researchers at the Florida Institute of Technology and Boston-based Security Innovation Inc., and defend their conclusions valid. They say they have “full control over all editorial research and analysis” on the project. His report details of its methods, and they invite other experts to examine and duplicate their work.

But their disclosure of the project, source of financing this week is agitation new debate on what has otherwise been encouraging messages for Microsoft in a field in which they fight. Researchers have been presented during last month’s RSA Conference, which attracts some of the biggest names in computer security.

“It was proof that Microsoft was better, and now the evidence unclean,” said Counterpane Internet Security founder Bruce Schneier, a long RSA Conference speaker. “The results may well, but now nobody is going to mind, because they all see, this is a prejudice that has not been revealed.”

But one of the researchers, Herbert Thompson of Security Innovation, said he and his colleagues have examined the final report, which has not gone presentation, the proper place for advertising. In addition, he said, the report presenting the detailed project research methods should be any concern about the possible prejudices.

“We knew that some of the criticism, which are collected in the report Microsoft is funding,” said Thompson. As a result, he said: “Our own method claim, it is very open and transparent. We wanted the recipe for humans, they could go further and recalculation of figures themselves. ”

The 37-page final report, published Tuesday, it is expressly Redmond on the role of the company: “This study and our analysis, under a research contract from Microsoft,” he says on the fourth page.

But during his presentation on February 16 on the RSA Conference, Thompson and Richard Ford Fellow researchers at the Florida Institute of Technology does not mention that one of the subjects of their research was part of a project financing.

Thompson said yesterday that it had decided it would be better to wait until the release of the final report on that disclosure. In part, he says, the idea was to avoid some of the divisiveness, which are often characterized by Windows vs. Linux debate.

The presentation of the RSA Conference “does not seem like the ideal place for the conduct of religious war,” said Thompson.

If the IBM-Board meets Tuesday, the key decision will face as deeply to cut this period. And the result would be to say much about how fast and powerful, as the company’s new chief executive, Louis V. Gerstner Jr., wants its mark on the troubled computer giant, he joined in April.

Most of Wall Street and industry analysts expect that the sources of board to take a cargo of large profits for the second quarter against the closure of factories and equipment balances, since the company streamline its activities. The fee for the cutting of production capacity - which could be enriched by $ 1 billion to over U.S. $ 4 billion, said one analyst - would, in addition to $ 2 billion of depreciation announced earlier this month as provided for greater reduction of staff. The operating loss expected

The International Business Machines Corporation is also expected to announce its second quarter results after the committee meeting. In addition to a special levy for the reductions, analysts predict that the report is an IBM operating loss in the area of $ 140 million to $ 180 million.

Most analysts believe that the board decides Tuesday on the slice of IBM dividend for the second time this year, given that the company cash to recover the fighting. The quarterly distribution is 54 cents and analysts predict that this is more than half, or 25 cents.

The computer industry are also noted, if the name of IBM or compensation for its two onboard. Three out of directors recently decided to bottom, and Tuesday of the meeting are also the last of Jack D. Kuehler, a vice-president of IBM, retired. A clean, bold stroke

If you are a second quarter enormous fees is that it works to the advantage of Mr. Gerstner - and IBM - for financial housecleaning necessary for a stroke and bold move with the reconstruction process. That must stop IBM, analysts say, is its recent history, the costs quarter after quarter, year after year, react to market changes, rather than control.

“Death by a thousand cuts is exactly what IBM has done for years,” said David Yoffie, a professor at the Harvard Graduate School of Business Administration. “Gerstner has helped to reduce as much as possible, as quickly as possible, that behind him.

Mr. Gerstner, provides Dan Mandresh, an analyst for Merrill Lynch & Company, is in favour of a “clear the decks” approach.

One day, a seminar on “environmental management” was organized by the Department of Environmental Science, JJ College of Arts and Science in Pudukottai recently.

V. Kanagasabai, Head, Department of Civil Engineering, Annamalai University, spoke on “The elimination of solid waste,” recalled the various methods used by foreign countries, and in our country as regards solid waste disposal . In our country, all types of waste - whether biodegradable or non-biodegradable or dangerous - were gathered in the same container.

G. Swaminathan, professor, Department of Civil Engineering, National Institute of Technology, Tiruchi, spoke on “Design and a sewage treatment plant. It focused on purifying water polluted by various means such as microbial attached to bed, a bed described in detail.

Dr. K. Jayaprakash, Head, Department of Environmental Science, welcomed the collection.

J.J. College of Arts and Science in Pudukottai organized a camp blood on their field recently. A total of 50 students, while blood donations camp, which was headed by Dr. Edwin, blood bank-Charge, Government Hospital, Pudukottai, and his team.

The school had organised a similar camp in the last month, 157 students in blood donation. The camp was conducted by a team of doctors headed by Dr. V. Veluchamy - blood bank-Charge, the Government Rajaji Hospital, Madurai, a press release from the university said.

The Indian company of Education Technology (CIST) Chapter Mookambigai College of Engineering in Keeranur celebrated the Day of Teachers recently.

The direction of the College A. Subramanian memories achievements of Dr S. Radhakrishnan, when he is Chairman of Rajya Sabha.

R. Shanmugavadivelu said teachers should be awarded to students running on the latest information.

Iste The President, Professor R. Veeraghavan welcomed the collection.

A blood donation camp was organized by the Rotary Club of Tiruchi medium and Rotaract Club of Thai Than Hans Roever Peramablur College, in the university premises on Wednesday. More than 100 students donated blood.

Formation “first aid” was students.R gives. Balasubramanian St. John’s Ambulance, Tiruchi, gave useful advice for students on immediate measures to be taken to the wounded.

The payer, V. Ganesan, opened the camp.

A series of special conferences on various topics organized by the Department of Management Studies at the Thai Than Hans Roever College, Perambalur, five days, had enough exposure of students vis-à-vis several issues such as mental health and management, communications and personality development, ‘ `human resources accounting and auditing in this scenario” and “Legal aspects of consumerism and management combine.” Rajendran, Professor, Victor R. Lazar, NPS Suri and Sridhar, both Senior Manager, Madras Cements, P. Vaidyanathan, a lawyer, conferences provided.

Under the aegis of the Department of Environmental Sciences and unity NSS Girls Government Arts College, Ariyalur, “Awareness Day ozone layer was observed on 22 September. The originator, Mr. Sankararaman, invited students to put in place appropriate awareness of the masses of abuse effects of the deterioration of the ozone layer.