Five post-graduate programme (PGP) students of the Indian Institute of Management, Ahmedabad (IIM-A) have set up a Private Equity (PE) and Venture Capital (VC) club to help students get hands-on experience by involving PE/VC players from India and abroad. Unlike finance clubs run by most B-schools in the country, this club exclusively focuses on PE and VC funding.

The lack of opportunities and experience in the PE and VC space led five students to set up the club called ‘Leverage’. With around 50 students interested in being members, the club will be a forum for students interested in all aspects of private equity and venture capital.

“We came up with an initial skeletal structure of the PE club by looking at institutes like Harvard and others from the Ivy League. But the end product has been entirely our idea of how a PE club should be. Although we prefer to call it an interest group for the time being, we plan to run a full-fledged club with more activities soon,” says Anirudh Singh, a member of the club.

“PE as an industry has boomed in India and we plan to invite speakers to the campus, hold conclaves, workshops and other events to provide a platform for the students and corporates to interact. Also, we are looking forward to hold intra-institute events, where the students can write an investment proposal and a panel of faculty members can judge them.

We have no restrictions when it comes to corporates as we would be involving both top- and middle-level players to encourage more and more activities in the field of PE and VC,” says Gagandeep Singh, another member of the club.

As part of formalising the club, the students are holding the first intra-institute event called the ‘Zen of Investing’, where the club plans to invite alumni working in the area of private equity, besides involving the faculty and students for the activity.

The club also has plans to tie-up with Post-Graduate Programme in Management for Executives (PGPX) students to getter a better perspective of private equity. “The PGPX students would be able to share their experiences about private equity and with their support, we plan to involve ourselves with the corporates in a deeper way through various activities, including projects and case workshops,” adds Anirudh Singh.

The club is in talks with a few corporates, who have shown interest in sponsoring the club.

“We are considering more options for funding besides the institute and the corporates we are in talks with. Currently, we are in the stage of gauging the responses from the people about the club,” says Anirudh Singh, before adding, “Although we have started out PE and VC, we may consider branching out to other areas like micro finance later.”

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NOW that the IIMs have more or less ruled out a legal recourse against the HRD Ministry’s directive to impose a fee cut in their PGP (Post-Graduate Programmes) courses, the country’s premier business schools are busy considering various options to make up for this revenue loss.

“One of the options before us is to increase the number of Management Development Programmes (MDPs),” said Prof Prakash G. Apte, Director, Indian Institute of Management, Bangalore.

In an exclusive interview with Business Line today, he said that the board of governors would meet in the next four days. “IIM-Bangalore will work out its finances then. We have not yet received the break-up for the planned and non-planned grants.”

But would increasing the number of management development programmes not impose a huge load on the already over-burdened professors who are handling various PG courses, executive education programmes and consultancy assignments?

(IIM-Bangalore, for instance, has about 70 professors for 700 students (400 in the PGP, 300 in the PGP in Software Management and 40 PhD students) and this year, the institute has conducted about 45 MDPs.)

Prof Apte said that they might even consider reducing the number of offerings for the students so that more staff time is available for corporate training programmes.

On whether the institute would recruit more teachers, he said: “Yes, that would be one option,” but expressed doubt about finding the right kind of talent in the industry.

But this too would require Government permission. And what about additional funds for the salaries? With the cut in allocation in this year’s Interim Budget - from Rs 79.73 crore last year to Rs 45 crore in 2004-05 - the IIMs would have to tread this path carefully.

Meanwhile, the Government is also insisting that the IIMs increase intake of students.

This might be one way of boosting their revenues, but Prof Apte said: “We can take about 40 more students, provided we have the right infrastructure like hostel rooms, mess, etc.”

Finally, there is hope for the leaders, are seeking a level of management, to help them climb quickly heads Corporate. Although the Indian Institute of Management, Calcutta, the former position is not prosecuted Graduate Management Programme (evening) for executives, he now has another year of progress.

In the evening, of course, the demolition of this academic session attended prudent not only for candidates for membership, but also among the graduates, during several meetings with the authorities trying to impress and the need for Course.

The new course is quite different in approach and content compared to the previous and is likely to win the leadership, not only the country but also abroad. While entering all other post-graduate diploma in management programmes IIM-C is the common Admission Test (CAT), under the direction of six IIMS, the program calls for the GMAT. The reason is that foreign students for the course.

In addition, unlike the past, of course, where students could attend the evening classes after hours, it will be a full-time courses, where students are required to make the stay on campus, as d ‘ usually on the other PGP. It is for students to line their current employer or leave their work for the course. The courses of the Institute at the end of the program, but those who took lien on the course are not allowed at the site.

“We are targeting a different group of students from this program. One of the criteria that must be at least five years of professional experience and are in the age group of 28-29 years. rate is contributing, married a lot more students to positions they held before classes. We expect many students from South-East Asian countries, Anup Sinha, dean of programme initiatives said.

The course will begin in December 2006 with 40 students. The student’s income increases, reaching 120. “We are families who need it. That is why we will take some time to increase home, “Sinha added.

A program like this is currently in India by the School of Business, Hyderabad. Apart from IIM Calcutta, IIM Ahmedabad is also planned for courses, although a little earlier in July. The fee for one year, this course has been fixed at Rs 800000 or the equivalent amount in U.S. dollars for foreign students.

Kozhikode: The function of the 8th meeting Lot Post-Graduate Programme (PGP) of the Indian Institute of Management Kozhikode (IIM-K) at the Institute took place on Saturday.

AC Muthaiah, president of the Institute, awarded the postgraduate diploma in management to 132 students from the batch of 2004-06 and five others of the party 2003-05. Of these 131 students were present and six have received the degree absence.

Speaking on the occasion, Mr. Muthaiah said that the graduates have a lot of opportunities even in India. “All you need is your know-how acquired in this prestigious institution with what you are to be achieved in the field of economy, with integrity and belief,” he said.

According to studies, India is the fastest growing economies worldwide in the next 50 years.

“ Indian and a large increase in the number of entrepreneurs who want to be successful. And some, as it find a way to do so, obstacles to overcome, without bureaucracy, “he said.

Mr. Muthaiah said the young population and growing middle income group had the country on the fast track. He also IIM-K for the gold medal performance at school and Harish Venkateswaran IIM-K gold medal for the best performance Allround-Rahul Ranjan.

A.K. Purwar, Chairman, State Bank of India, was the guest conductor. Krishna Kumar, director, IIM-K, welcomed the collection. Mr. Kumar said the PGP rose to 180 The number of students enrolled in the Interactive Distance Learning Programme also on the 1000-mark.

With the recent hikes in admission fees, management education at India’s top B-Schools is set to become much more expensive.

In the last few weeks, all six Indian Institute of Management (IIMs) have decided to raise the fees for their Post Graduate Programme (PGP), albeit with varying degrees. Other B-schools of repute too are increasing their fees. MBAUniverse.com presents a review of the new fees scenario.

From the table below, one can make out that IIM-A’s PGP programme is the most expensive amongst the IIMs, while IIM-L is the most affordable of the IIMs. IIM-A has affected the steeped fee hike of over 100%, while IIM-L has increase the fee by a modest 25%. Other IIMs have increased fees by 50% to 80%.

The Indian Institute of Management, Ahmedabad, is expected for the annual fee for its two-year MBA course of the next meeting. The decision is scheduled for April 2 following a meeting of the B-Board of Governors of the school.

The Institute has already emigrated to the fee charged for his post one year postgraduate programme in management for executives (PGPX) RS RS 8 to 10 lakh lakh. In addition, the increase in places for the course from 70 to 120, therefore deserve a new RS 1 crore each year.

The annual fee for two courses MBA, also called the postgraduate programme (PGP), has not been seen for many years.

The three older IIMS? Ahmedabad, Bangalore and Calcutta? see how she has never corpuses decrease, because the adoption by the state aid with the Knatsch Murli Manohar Joshi, two years ago. Joshi and the Union human resource development, the minister said, the B-schools their fees bar life.

IIM Ahmedabad director Bakul Dholakia has defended a tax hike to mention that a student pays Rs 1.58 lakh while the Institute devotes RS 2 lakh on him.

BANGALORE: Consulting and investment banking, the clause of the most favoured nation for the class career from 2006 to Indian Institute of Management, Bangalore (IIM-B), with 26% of the burden to accept offers of employment of students in these fields.

After stopping a recording by maintaining employment for a greater supply reached $ 1.93000 (IIMs highest among all countries), the curtains fell to the final shutdown of the investment with IIMB.

Although 70 percent of the party had substantive engineering students, has chosen a totally different career after two years of courses IIMB PGP, with McKinsey and Co, the largest placement agency in the placement of this year.

You picked up nine for foreign students as an artist. Other sectors that saw the number of outlets were available for students (15%), finance (16), information technology (13%), operations and general administration (6%).

BANGALORE: students in the second year Post-Graduate coveted programme (PGP) from the Indian Institute of Management, Bangalore, so that there is a global perspective.
180 students from 45 partner universities abroad, the visit from September to December for a semester under the Student Exchange Program (SEP). IIMB exchange has partnerships with 28 universities in 17 countries in Asia, Australia, Europe, the United States and Canada.
“ In return, students from 40 universities in IIMB for a term - three students from Helsinki School of Economics, Finland; WHU, Germany and McGill University, Canada, have already at the Institute, ‘’says IIMB.
The exchange program is becoming increasingly popular among students and nearly a quarter of the party to get a chance on a concept foreign shores. “ The efforts under the program, and thus expand a greater number of students to benefit from this opportunity. Students in the exchange program to benefit from interaction with the students, a year to the IIMB,’’said IIMB.

KOLKATA: Finally, there is hope for the employment of professionals who deal with a level of management that will help them grow rapidly the Head of Corporate. Although the Indian Institute of Management, Calcutta, a graduate of the former post of program management (evening) for executives to work, it now has a new one-year course.

In the evening, of course, the demolition of this scientific meeting, the new has allowed not only for the candidate countries, but also among the graduates, during several meetings with the authorities to try and impress the need for them to the continuation of the course.

The new formation is quite different in approach and content compared to the earlier one and is expected to executives to win not only the country but also from abroad. While the entry in all other post-graduate diploma in management programmes IIM-C is in the framework of the common policy Admission Test (CAT), by the six IIMs, this program requires the GMAT. The reason is that for foreign students for the course.

In addition, unlike the earlier, where students can, of course, the evening classes after hours, there is one, of course, full-time, where students are required to stay on campus , as usual in the other courses of PGP. He is a student at the line of their current employer or leave their work to attend the courses. Training courses will be organized in institute at the end of the program, but those who have the right to pledge, of course, are not allowed to participate in the site.

“Our goal is quite another group of students from this program. One of the criteria is that it should be at least five years of professional experience and are in the age group of 28-29 years. The course will contribute to the Bridegroom much higher for students positions they held prior to abide by the requirements of the course. We expect many students from the countries of South East Asia, “Anup Sinha, dean of program initiatives said.

The course will begin in December 2006 with 40 students. The student will increase home until it reaches 120. “We, the families of those who need it. Therefore, we are going to take some time, to increase openness,” says Sinha.

A program like this is currently only by the Indian School of Business, Hyderabad. Apart from IIM Calcutta, IIM Ahmedabad is also planned for the course, even if a small child earlier in July. The rate of tax for a year has been set at Rs 800000 or the equivalent in dollars for foreign students.