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Samford changes schedule of night MBA program

Samford University’s Brock School of Business is changing the schedule of its evening MBA program.

The graduate program - taken often by working professionals - is being revamped into two semesters that are nine weeks each with a 10-week summer semester, the school reported Thursday.

The program used to have five, nine-week terms in a year.

Under the new schedule, each course will meet for a two-hour class each week, giving students more time to study and learn the material, school officials said.

“We have retained the flexibility and convenience for working professionals through the option of attending one evening a week,” said Larry Harper, director of Graduate and Executive Education Programs at the Brock School of Business in a news release. “In addition, students can complete the degree in as little as 12 months by attending full-time or 22 months by attending part-time.”

The new curriculum covers all business functions and is designed to offer a more complete general management experience. Students also learn to exercise ethical business practices.

“Managers need comprehensive skills and sound values in order to achieve the disparate goals of their investors, customers, employees and the public at large,” said Beck A. Taylor, dean of the Brock School of Business. “At the Brock School, our charge is to help current and aspiring managers to discover solutions that meet these goals.”

The evening MBA program is the oldest in the state of Alabama and takes applications year round. Students can enter the program in January, June and August.

More : bizjournals.com

Bunking class is the college!

Pune, May 14: “ You want to play truant - It’s fine.”

This position has been hard Symbiosis Institute of Business Management (SIBM). He proposed a powerful sum of more than 50 years, MBA final MPM and students, who are not their mandate, will not be granted, and the lot is not unlucky for the situation seem to be the examinations from May 16.

When contacted SIBM director PraMod Dr Kumar admitted that fines ranging from 1000 to 3500 RS has been established. “ If students internships to ensure the participation they stop classes and to ensure, academic standards, the fine is a deterrent for the future for the treatment of the lot is not easy semester,”he averred.

Last year MBA II and III MPM students were shocked to learn the fine was on the board, on May 9. The fines were imposed in consideration of the cumulative participation from January to April. Students with a number of participants is less than 50 per cent of a fine, R 3500, while those with a number of participants between 50 and 60 per cent up coughing R 2000. Students with a number of participants between 60 and 70 per cent of the fine of Rs 1000

While disadvantaged students have a written complaint to the University of Pune authorities, on condition of anonymity, she déliré about the injustice of the fine. In its memorandum to the university, students have said that fixing fines against it was an aberration, inhuman and cruel in order to collect money under the pretext of lack of participation.

They calculated that the whole system of marking attendance was wrong and, although first a list of more than 90 students April was the final list of entries to 50 odd students. In highlighting the differences between the two lists, students have reported instances where a student, even if the USA, it was revealed that 26.67 percent attendance. Similarly, in the case of other students leave school during the first half, and not reporting for other classes, it was 9.38 percent a presence.

Dialogue the way out, IIM-A tells SC.

The Indian Institute of Management-Ahmedabad (IIM-A), in an affidavit filed before the Supreme Court on Tuesday, has said that the unilateral decision of the Union ministry of human resources development regarding fees to be charged by IIMs does not seem to be a step in the right direction.

The affidavit, filed after the apex court served notices to the six IIMs on April 8, asking them to clarify their stand on the fee-cut issue, puts on record the IIM-A’s willingness to sort out the issue through a process of dialogue.

“We have not gone to the court proactively. The affidavit places our views on record in answer to the notice and not filing it would have limited our options. We are, however, not a party to the PIL,” said a source in the IIM-A.

The affidavit has three components - the Position Paper prepared by the faculty, the resolutions passed by the IIM-A Society and the Board of Governors recently, and the fact that the institute is in a process of dialogue with the ministry.

Dons feel that the affidavit clarifying the institute’s willingness for a dialogue will create an atmosphere that will help the process initiated by chairman NR Narayanamurthy during the board meeting here on April 3.

The affidavit said the fee-reduction order has to be seen not in isolation, but in the larger context of many other decisions by the ministry that threatened the autonomy of the institute.

It has also said that the notification on fee reduction “violates the time-honoured process of the fee being decided by the Board of Governors and that it is not necessary to reduce fees to make management education more affordable to the less well-to-do sections of the society.”

Meanwhile, the Indian Institute of Management-Calcutta faculty council filed an application before the Supreme Court, praying for an order impleading it as a respondent in the fee-cut case already pending before the apex court.

IIM-C SC attend Faculty of consultation.

Faculty members of the Indian Institute of Management, Calcutta, have decided to wait until the Supreme Court order, it is accessible from Monday, before a decision on their future.

Given that the next consultation, if ever, in July-end, many faculty members are of the opinion that the situation could change in their favour as Murli Manohar Joshi can no longer, as before the MHRD minister after the elections.

The SC has governed IIMS MHRD and the opening of a dialogue on the issue of fees helm. If it is not sorted it, the SC to hear the case again in mid-July.

“We commend the Tribunal. We hope that reason MHRD’ll see what we tried to explain our position and application, we in the head of jurisdiction, “said Ashish Bhattacharya, IIM-C Dean of the planning and management.

The Faculty will be held on April 22 to discuss as much tax should be charged from new students, letters of admission until May the second week.

How we are a high-taxed nation.

Looking merely at direct taxes, it is often suggested that India is an under-taxed nation. This, says R. Vaidyanathan, does not take into account the speed money paid for government service. This rent-seeking makes the nation high-taxed.

THERE is a view among some experts that India is an under-taxed economy. Many a time Finance Ministers believe in this and exhort people to pay their dues.

Advertisements are issued to induce people to pay taxes and novel schemes are suggested before every Budget to augment government revenues. One of the common arguments is based on the share of taxes to GDP and it is suggested that it can be much higher. Another is in terms of the composition of the taxes - direct and indirect - and it is suggested that the latter, which are regressive, are larger share of the pool.

Table 1 gives the share of taxes to GDP for select years from 1991. The share of taxes, both direct and indirect, has been around 15 per cent of GDP in the last decade and half. The share of indirect taxes was of the order of 11.5 per cent and that of direct taxes 3.6 per cent.

Based on this data of direct taxes to GDP of nearly 4 per cent, many experts, particularly of the Left persuasion, argue that we are a under-taxed nation from the view of the direct taxes. But, as we will show, they do not take in to account the payment to be made to government employees (variously called bribe, rent seeking, speed money, lubrication, etc.) for carrying on any activity and to that extent the total taxes are much higher than reflected.

Table 2 gives the level and composition of taxes of both Central and State governments in the last decade. A slight shift in the proportion of direct taxes from 1991 to 2003 is seen. It has gone up from 14 per cent of all taxes to nearly 24 per cent during this period when the proportion of the indirect taxes came down from 86 per cent to 76 per cent.

A substantial drop is seen in the Customs duties due to our international commitments. Excise duties declined from 28 per cent to 23 per cent during 1991 to 1996 and by a similar magnitude later. The share of personal income-tax showed an increase from 6.6 per cent to 9.9 per cent. As personal income-taxes and excise duties are shared with State governments, there is no enthusiasm for the Centre to reform them.

The aggregate taxes do not reveal the full picture of evasion and coverage. Table 3 provides the number of returns filed by salaried and non-salaried persons in 1999-2000 according to the I-T Department.

It says that there were no salaried persons earning more than Rs 1 crore annually and in all only 200 persons above Rs 25-lakh. In the case of self-employed, the number is around 900 in the Rs 25-lakh category with none in the Rs 50-100-lakh category.

From Table-3, it looks as if a relief fund should be created for all our top film-stars, cricket players, surgeons, lawyers, chartered accountants, architects, tax consultants and other self-employed persons. They all seem to be in distress!

Table 4 provides the number of returns from some categories of services as published by the I-T Department. The numbers speak volumes about the coverage and the nature of underlying collections.

The whole country there are apparently only 10,539 utensil and 5477 furniture shops in the taxable category. Pinch yourself.

Immediately the argument will be to strengthen, enhance, improve and network the I-T Department. The issue is not that. It is much more serious and cancerous. If you visit the Postal Department officers’ quarters in, say, Mumbai you will find mostly cycles and scooters.

But if you visit the residential quarters of the staff of Direct or Indirect Tax Department, you may find expensive cars parked there. That should provide clues to the issues facing us.

At the same time we find that the income of government employees rising faster than the inflation rate in the last thirty years.

Table 5 provides the increase in salaries of public sector employees in relation to inflation. The emoluments have risen 3610 per cent from 1971-72 to 2000-01 when the Consumer Price Index climbed 1440 per cent. This implies the public sector employees are net gainers with their real income well protected.

Hence decline in the real income cannot be a reason, if at all it is justifiable, for rent seeking from ordinary citizens.

Banks should be compatible with the global industry reference

The Chief General Manager Thiruvananthapuram Regional Office of the National Institute of Agriculture and Rural Development Bank (Nabard), Mr. Shekhawat Brunswick, said that the problems emerging in the banking sector can not be solved with solutions today.

Delivering his speech at a national seminar on “reforms of the banking sector in the new era” here recently organised by the Institute for the Management of Kerala (IMK), Mr. Shekhawat said that reform was a continuous process. The need of the hour was not perfect, but all the forces of excellence in its efforts to ensure that banks purveyed.

According to him, less than 10 per cent of funds paid by banks on their own, such a situation and asked for more stringent measures if banks in India have participated in international benchmarks in the industry.

Mr. Shekhawat is also trying, fears about loans for agricultural purposes based on the misconception that it is more risky than the industry loan programs. During the next few years, banks should look forward to the restoration increasingly on the requirements of new markets and services, he added.

Mr. Shekhawat took the floor to respond to a number of questions arise in the interactive session in the port.

Others said on the occasion of Mrs. Radha Unni, General Manager, State Bank of India, Kerala Circle, and Mr. Hari Kumar EC, Assistant General Manager, State Bank of Travancore, Thiruvananthapuram.

In his presentation on “The objectives of reforms in India”, Ms. Unni pointed out that in comparison with China, reforms have also been paced. The results were for all to see - and non-performing assets in the Chinese banking system had floated nearly 16 per cent, with comparative figures for India to the tune of more than nine per cent.

Ms. Unni said that future reforms Real Time Gross Settlement (RTGS), electronic billing and cross-selling is important role to play in defining the contours of the international competitiveness of the banking sector profile, which was the start of ‘India.

Mr. Hari Kumar’s presentation resided in detail with the sea, that changes in the banking sector, would be the year 2010. According to him, 50 percent of the time, banks and unproductive was necessary in order to be entitled to expect reorientation, much more important and productive efforts RTGS, multi-Commodity Exchanges (MCXs) interest rate risk d interest and management in order banks, for more competitive and profitable.

The Indian banking sector, he said, would be in a financial supermarket of the global dimension of the year 2010, he added.

Previously, Dr. Mr. Sivaraman, Director, Center for Management Development (CMD) and Dean, Faculty of Management Studies, opened the national conference. He stressed the need to reform the banking sector reach the common man and strengthen his life.

Dr. M.K. Ramachandran Nair, director, IMK, welcomed the Assembly, while Dr KS Chandrasekar, a member of the faculty to submit a proposal for a vote of thanks.

Monitoring the state requirement for equal rights of women: The Indian model Board.

In India, activities related to CEDAW began around Beijing. During 1998, with efforts by the IWRAW Asia-Pacific, a group of activists, lawyers and supervisory institutions in India was the fulfilment of their obligations under the CEDAW on a project entitled “To facilitate the performance of government bonds to equal Woman” (to facilitate Project). The first draft of the action, it was to research and write provisional below indicate reports necessary baseline data to determine the woman and contributory causes and gaps in India, the performance of his duty. Three themes were reports: 1) Women’s political participation, 2) The armed conflict in the region North-East, and 3) Article 16 of CEDAW-Convention on women’s rights in marriage, including India made a statement. (1) The research, in order to sufficient information for the development of alternative report, if the CEDAW Committee considered the report of the State. (2)

The development of an alternative report of the NGO Committee on CEDAW

If India was expected, its first report to the CEDAW Committee in January 2000 in New York, it was only news that women’s NGOs should be an alternative report. A central team has already been monitoring the implementation of CEDAW, so that NGOs to facilitate the task. Sixteen groups have been instructed to familiarize themselves with the various articles of the Convention. The alternative to the assessment report of the factual situation (see definitions P.11) women’s equality and non-discrimination as enshrined in CEDAW. To improve the consultation process, a national conference with nongovernmental organizations from all over India took place at the conclusion of the report of the substance and awareness of the importance of the Convention, its reports and flows such as NGOs May, in other reports. Relevant was invited leaders of government, so that they benefit from the discussions. The whole process involved:

1) a day of orientation for NGOs and government representatives on the convention, principles and scope of government commitment [on 13 November 1999, UNIFEM, South Asia, IWRAW Asia - Pacific and the National Alliance of Women (NAWO), where exchanges of experiences in Sri Lanka, Nepal and Bangladesh, whose reports have already been verified

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