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

A unique opportunity for higher education aiming to prepare future leaders of the community is coming to Pickaway County this fall.

Berger Hospital is teaming up with Ohio University in Athens to offer OU’s professional Master of Business Administration in Circleville.

“We’re constantly meeting to talk about what we might do to expand educational opportunities for the community,” Berger President Tim Colburn said. “Why an MBA program? Because health care is a business, and we need to make sure we’re building and developing future leaders.”

Berger already has a partnership with OU at its Chillicothe branch to train nurses in Circleville, and Colburn said the success of that program gave Berger an inroad for more educational offerings locally.

The program, which takes about 22 months to complete, consists of one evening a week of classroom activities held via video conference with instructors in Athens and a weekend course once every six weeks on the Athens campus.

OU has been offering the professional MBA through outreach programs for the last five years, according to Dr. Ed Yost, OU’s director of executive graduate education and development, and he said it’s been very successful preparing students for the business world.

“This program is aimed at working professionals to complete an MBA in a non-full time environment,” Yost said. “It’s designed for people that who maybe don’t have a business degree to give people a background to turn into a managerial career step.”

Yost said the course is delivered with more group projects rather than class work, and that was part of the appeal for Berger, according to Suzanne Welker, Berger’s human resources director.

“We’re excited about the synergy the group will have and think the teamwork will benefit the hospital and community,” Welker said. “Business management develops over time and we want to maximize skill development.”

Students in the program will learn about analytical decision making, which focuses on making good business decisions and professional development, including managing people and resources, teamwork and leadership, according to Yost.

He said the course also gives professionals the opportunity to meet people in other businesses and build on local networks.

More : circlevilleherald.1upmonitor.com

The QS World MBA Tour, the world’s leading series of career and education events, will organize a one-day fair for aspiring MBAs in the capital tomorrow.

The MBA fair will be held at the Hyatt Regency (Ring Road) in New Delhi tomorrow between 2 pm and 6 pm.

More than 30 B-Schools from across the globe including Toronto -Rotman, IE Business School, Bond, Cornell-Nanyang, Ashridge Business School, Hult, U21 Global, Durham and ESMT will participate in the MBA fair.

The London School of Business & Finance, the only UK based institution to offer dual programmes combining an internationally recognised MBA or MIB with ACCA, CIM, CIMA or CFA qualifications, will also be a part of the MBA fair.

Participants of the QS World MBA Tour, which will visit 50 cities in 32 countries this year, include 17 of the top 20 US business schools and all of the leading European business schools.

The fair will provide students a chance to interact with the leading international business schools and short-list the best option available to them.

Nunzio Quacquarelli, Managing Director of QS told NNE, “It is the perfect chance to make an impression face-to-face with the very people reading your application forms, and that is invaluable to gain an edge in this tough field. The QS World MBA Tour provides the best step in the application process, the opportunity to ask intelligent, tailored questions on topics like personal fit, career opportunities, school specializations and financial aid.”

More : indiaedunews.net

Mr. Jain discussed with a select group of business leaders and members of the Indian Business & Professional Council on the theme “The Future of Marketing.”

Regarding its acceptance to the conference at the invitation of the SPJCM, M. Jain said: “In the current momentum and grow rapidly world of management training, SP Jain distinction has rarely achieved by the development and implementation of some of the most prestigious, industry focuses MBA programs in this region. I welcome the opportunity for an institution as prestigious. ”

The introduction by Dr. Dipak Jain, President of SPJCM, Nitish Jain, said: “Mr Dipak Jain is a giant in the global landscape management and training We feel honored, he accepted that his unique vision, ideas and knowledge in the field of marketing. ”

The problem with the collection of Dr. Jain has maintained an excellent exhibition that the public spell-bound sales on future challenges for companies and how they can be treated; Client - centric marketing to attract and retain customers and employees is the only way in which organizations can sustain and grow in the future

NIILM Centre for Management Studies, Delhi, the 11 winners in the National Student Games management held on Tuesday.

ICFAI Business School, Mumbai and the Institute of Management Technology, ghaziabad, the first and second runner. On the PSG Institute of Management, nine teams from different regions of the country, competed among themselves for the final Tuesday. The groups were withdrawn from the semi-finals on Monday.

For finalists, play is serious business. With view on the screen of the laptop, they discussed strategies and action plans developed for business nervenaufreibende problems.

Produced by the All India Management Association (AIMA), the games are very popular among students in management, particularly from the southern region. “We have the most number of participants from the southern region - 169 of 263 participants from countries of the South,” said Vikas Gupta, Deputy Director, AIMA. The game, everything revolves around replicate real work situations.

Each group has been Chief Executive Officer, Chief Operating Officer, Chief Marketing Officer and Chief Financial Officer.

Each group receives a company and asked to manage. You must make business decisions with consideration of an economy and fluctuations in market conditions. “Simulation game test the real potential of students. You will have the opportunity of their theoretical knowledge,” says SCTyagi, vice-director of AIMA.

The game is not only for students of management. MCM and engineers can participate. For Suvidh Arora Tripti Agarwal and the Institute of Technology Management, ghaziabad, the game is even more demanding. Two of his teammates could not do, and they are moving toward the battle. “This game is all about handling situations. We are dealing here with a problem, and we are confident of handling,” said Suvidh.

“Each phase of the game is a challenge,” said Vishal Agrawal of ICFAI Business School, Mumbai. Vishal and his friend Abhay Jain participate in this game for the second consecutive year. Sumeet Tiwari and Hitesh Bhagchandani same part of the Institute for the first time. According to them the game is a great learning experience.

Bangalore, Jan. 5 - The Indian Institute of Management, Bangalore, with Infosys Technologies launches its programme of PG-management software company in Chennai.

In announcing the opening of Wednesday, Mr. Abhay K. Ojha, President, Post-Graduate SEM IIMB, said: “Seven years later, it offers Bangalore, we feel the program was quite ripe for another city.” There was a strong demand for courses in Chennai and Hyderabad.

According to Professor Ojha, Hyderabad, Chennai, after the experience stabilized.

PGSEM is two years, a general management program for mid-career professional software. Students for the program are selected by the CAT, the IIMS, even if this year being audited for candidates.

REM, like other management course consists of a core courses and a number of choices of materials. Infosys has proposed the program Mahindra City on its campus in the city, but the program is open to candidates from all companies. More than 45 candidates are selected in Chennai.

According to Professor Ojha, the weekend in Chennai programme is the same as that in Bangalore in the IIMB campus.

The classes in Chennai is synchronous with two-way audio and video, with the help of technology to support an intense interaction between teacher and students in Chennai and Bangalore.

Faculty are also travel to Chennai every few weeks to live classes, and facilitate interactions class. “We are very excited by them, as it offers us the opportunity to explore new paradigms and new technologies,” said Kris Gopalakrishnan, Chief Operating Officer, Infosys Technologies.

“It is important for people at the middle level to be exposed to broader thinking and to integrate perspective. Mid-career training programmes enable executives to constantly read, reflect and relate.”

It may sound like a platitude, but in today’s business environment what executives need most is the ability to manage change. Faced with the hard realities of globalisation, liberalisation, deregulation, end-user assertiveness and high-paced technology, with hardly any response time, they need to use this skill the most. Learning, relearning, and sometimes, unlearning, are the only three ways to advancement in career paths. Therefore mid-career management education has become imperative.

Says Dr Sudhi Seshadri, Professor, Marketing Area, and Chairperson, Executive Education, Indian Institute of Management, Bangalore, “I have been watching the executive education programmes since 1991 and I find that Indian companies have become increasingly professional in their approach.”

He thinks, now, Indian corporates realise they have to upgrade the skills of their managers for two reasons: a better market share and to retain talent. There is no dearth of supply (trainers, programmes, ideas) or demand (companies, entrepreneurs, government) in this area.

For instance, take IFMR (Institute for Financial Management and Research), Chennai, which takes its manager-trainees through a programme called ‘retooling’. Says IFMR’s Prof G. Balasubramanian, “Such programmes give them an opportunity to reflect on business trends and concepts and their relevance today.”

This, the institution achieves through knowledge sharing, interactive sessions, debates on cost management, behavioural sciences and marketing.

On ‘reskilling’ needs, he says that at a certain stage in their careers, people need to brush up on their fundamentals. “It is important for people at the middle level to be exposed to broader thinking and to integrate perspective. And mid-career training programmes enable executives to constantly read, reflect and relate,” he adds.

The role of organisational motivation can never be overemphasised in today’s dynamic corporate world. Says Latha Ramakrishnan of Laras - Regional Master Licensee, South India for Leadership Management International (LMI), “Mid-career training programmes are relevant now because if you look at competition, it is very easy to match pricing, technology and quality. The only challenge that companies face today is the effectiveness of their employees.” And this can be met through upgrading their skills.

THE Swadeshi Science Movement (SCM) has decided to conduct a workshop here on ‘Offshore sand mining; the pros and cons’ in the backdrop of widespread concern over sea sand mining, a proposal for which came up during the recently concluded Global Investors Meet in Kochi, and its likely impact on the fragile marine ecology.

The workshop, slated for Wednesday, will have wide-ranging discussions on the subject, according to Dr C.S.P. Iyer, Programme Director, and Dr C. Suresh Kumar, Secretary, SCM. The importance of systematic scientific studies in this area cannot be overemphasised, they added.

The focal theme has been selected in the light of this context, which would help in formulating guidelines for scientific studies on offshore sand mining and eventually serve as valuable input into a prospective National Policy on Coastal and Open Ocean Resource Management.

The workshop will be an opportunity for interaction between researchers and beneficiaries in the field. It has already secured the participation of leading scientists and experts from research institutes such as the National Institute of Oceanography, the Geological Survey of India, the Cochin University of Science and Technology, the Central Institute of Fisheries technology, the Centre for Earth Sciences Studies, the Regional Research Laboratory, the Botanical Survey of India, Indian Rare Earths and the Kerala Metals and Minerals, according to Dr Suresh Kumar.

For a moment, Parthasarthy Mitra took place in another world. Various television programs delivered over several channels posters dangled from the ceiling of a great team, represented by the “world of television.”

The stocky Mitra was resting before a number of “saints” showered, who, with his sermons and chanting religious songs.

Mitra was one of several visitors, students, Xavier Labour Relations Institute (XLRI), conducting a market survey on the Maxi-Mass today.

Pupils and students have tried to provide information on the reaction of people on products, companies had planned to start.

The survey included several games, in conjunction with the marketing research fun.

An annual event, it was the 24 year the fair, organized by members of the Association Marketing Institute.

The sector games are designed so that respondents do not realize that the answer to questions of market research.

“Entrepreneurship decisions on the basis of feedback from visitors by games. Therefore, care for games intelligent and interesting,” said Mehernosh Malia, director of marketing function as a member of the Association XLRI.

After Malia, the fair offers a unique opportunity of learning for students, offering them practical experience to evaluate consumer behavior and use of instruments of market research and advertising.

This year, three companies - ITC, Colgate Palmolive, Reckitt Benckiser - attended the fair. Participants in the years HLL, Nestle and other leaders Fast Moving Consumer Goods companies.