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moolah

MBA students in biz venture

In business, it’s the early bird that rakes in the moolah. Taking cue from the age-old proverb, two MBA students have turned entrepreneurs even before graduating.

H.R. Sampreet and Saurav Dhiman, second-year students of the Vinod Gupta School of Management at the Indian Institute of Technology, Kharagpur, have launched their own company, Enfount Business Solutions. Their maiden venture is Bulkdeals.co.in, a Bangalore-based online retail window specialising in institutional and organisational buying of laptops, desktops and other electronic items.

“Across campuses, students form groups to buy computers so retailers give them a discount,” said Sampreet. “But this happens locally and in an unorganised manner,” he explained.

The duo saw a business opportunity in this campus trend and created an online platform that is a one-stop-shop for bulk deals of laptops and desktops of all brands.

“Here, students can register and get great deals directly from the brands,” Sampreet said. “We estimate this to be a Rs 200-400 crore market. The brands, too, were looking for a single window to reach out to the student community. We had the business model and wanted to hit the market early, so we started even before graduating,” he added.

The company is partnering with almost all top brands such as Dell, LG, Hewlett Packard, Lenovo and HCL.

The website had over 1,000 visitors in the first three days of its launch and already has more than 300 members and over 20 registered colleges, including all the IITs.

When asked how they plan to balance studies with running a business, Saurav said: “It is all about time management. Our business requires just two or three hours a day, which we can easily put in.”

More : telegraphindia.com

Cos Pune done quickly to the way B-schools.

Jan. 16 - Pune - Management in Pune students have a gala time. Enterprise, with a lot of moolah, down on its campus in truckloads.

This is the end of the season placement at B-schools in the city and young professionals have packed a good package that has the smallest number in institutions even lach Rs 12 per year.

Salaries are approximately 15-20 percent.

The Symbiosis Society, in collaboration with five institutions, has seen the placement of more than 1000 students.

The Symbiosis Institute of Business Management (SIBM) a more prudent, if the batch of 148 students who are currently undergoing eight hours. In symbiosis of the Institute of Telecommunication Management (SITM) 100 students were in six hours.

The company Sri Balaji, four Management Institute, is experiencing a “very, very successful position of the season,” according Dimple Saini, Chief Investment Officer of the Indian Institute of Modern Management (IIMM).

Even Sinhgad Management Institute, which is organized with investments of the first part, a good business experience resonance from 64 to 256 students to collect the four universities.

The company offers an attractive with the greatest number of packages in many establishments to Rs 6.5 lach per year, and even, in some cases, higher.

In symbiosis of the Centre for Human Resources Management and Development (SCMHRD), and information technology to offer a company lach Rs 12 per year, followed by a consulting company with a bid of Rs 10.5 lach of a year to students with two years before the date of the work experience. For freshers, was the largest package lach Rs 8 per annum.

On average, students received an offer of Rs 3 lach lach of Rs 3.5 per year. “For the five Symbiosis Directors of the Corporation for Higher Education, the average salary this year, more than Rs 6.2 lach,” said Dr SB Mujumdar, founder, Symbiosis Society. Profiles Subramaniam, Director, SCMHRD added: “We see continued growth in average wages and salaries.

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