Leading business process outsourcing (BPO) firm Genpact has roped in professors from the Indian Institute of Management (IIM) Lucknow to give its employees lessons in management skills and improving productivity.

Through electronically enabled interactive sessions, workers at Genpact’s operation hubs in Delhi, Gurgaon, Hyderabad, Kolkata and Jaipur will learn the finer nuances of management, soft skills and strategic planning from senior professors of the business school.

This is an e-certificate programme in general management (e-CPGM) and there are 119 participants, most of whom have worked for one to three years.

“The objective of this programme is to develop managerial capabilities among people who are at the early stages of their career to enable them to effectively undertake managerial responsibilities,” said Ajay Singh, course director of IIM Lucknow.

The programme is divided into 12 modules. Keeping in mind the requirements of the industry, the modules are designed to create managerial and leadership competence among the professionals. There are 120 hours of e-enabled interactive sessions.

Singh said the programme was being run from IIM Lucknow’s Noida campus, which was being developed as a centre of excellence in the area of executive education.

The India headquartered Genpact operates service delivery centres in India, China, Hungary, Mexico, the Philippines, the Netherlands, Romania, Spain and the US.

Aaron F. Cooper II, a self-described worrywart, never thought his penchant for devising foolproof backup plans could translate into a calling. But that all changed when he signed up for an elective in risk management while at the University of Georgia’s Terry School of Business executive MBA program last fall. “It entails pretty much everything I’ve always been interested in my entire life, even before I knew risk management existed,” said Cooper, 27, a telecommunications engineer at AT&T (T).

Cooper is part of a new wave of students hitting business school campuses. For years, risk management—the process of analyzing exposure to risk and determining how best to handle it—occupied a sleepy corner in business schools, a subject mainly of interest to those who want to enter the insurance field. But with the recent turmoil in the financial markets and a push for more accountability, risk management has rocketed in status at business schools.

In the past decade, a growing number of B-schools have added concentrations in the subject, ramping up the number of classes they offer. Executive MBA programs are also incorporating risk management electives into their curriculum, responding to increased demand from executives and companies. In some instances, schools such as Georgia’s Terry are developing custom programs on the topic for top executives and boards of directors.

More : businessweek.com

Prospective and current graduate business students who used a Web site to cheat on entrance examinations over the last five years could have their scores thrown out.

The exam’s publisher, the Graduate Management Admission Council, is tracking down users of Scoretop.com after winning a lawsuit to shut down the site and seize a computer hard drive containing payment information and user identifications.

Scoretop sold VIP access for $30 a month, giving users previews to current questions on the latest Graduate Management Admission Test. Some were posted by users after taking the exam.

U.S. District Judge Leonie Brinkema also ordered site operator Lei Shi to pay $2.35 million plus legal costs in a June 20 ruling in the copyright infringement lawsuit.

In court documents, GMAC cited a posting by a user who said the information offered on the site was “inestimable,” saying that he saw 10 to 12 “word by word” items and “many of the other questions felt very familiar.”

About 6,000 GMAT scores from when the Web site started in 2003 to the present are in question, GMAC spokeswoman Judy Phair said Wednesday. It’s unclear how many test-takers are involved, because they can take the test several times a year.

“We have an ethical responsibility to schools and students to say this is a secure and fair test,” Phair said. “Obviously, you’re not being fair if you have an unfair advantage.”

The council plans to match data with test-takers and cancel the scores of anyone it determines knowingly used Scoretop to cheat on the GMAT. It will also notify the schools receiving scores, and perhaps prevent them from retaking the test. Phair said she can’t offer a timetable on the process.

Shi wasn’t represented by an attorney, according to court documents. McLean, Va.-based GMAC said Shi has returned to his native China and couldn’t be reached.

More : ap.google.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

For Indian Business Schools with global ambitions, Singapore is fast, hot as a goal. Earlier this year, IIM Bangalore announced its plans for the creation of a campus. And now Mumbai-based SP Jain Institute of Management and Research expects to likewise.

If this SP Jain overall the second incursion within two years. In 2004, the Institute has a campus in Dubai and was the first to offer a full residential full-time MBA program in the Middle East. Beflügelt by its success, it now has its sights on Singapore.

It is interesting to note that both SP Jain and IIM-B-plane orientation of the Indian diaspora in Singapore. Nearly 7.9 percent of 4 million people of Singapore are of Indian origin, this is the third ethnic group by the Chinese (76.8 percent) and Malays (13.9 percent).

IIM-B is planning to target the leaders to work in Singapore is short-term programmes Executive Education and Executive MBA, while SP Jain can be full-time program or an Executive MBA. “What are we going programmes make a bit of localization,” says ML Shrikant, dean of volunteers, SP Jain. “There will be a strong component of India programmes, such as the Modern World increasingly interested in India in the region, “she added.

Both IIM-B and SP Jain plan to fly down right in India. This could lead to a serious crisis of the resource, especially for SP Jain, given that the same option is also Deputy Director of Dubai. “This is probably a lot more pressure on resources, therefore we are in the process of the Faculty employs more,” said Shrikant

Kolkata, April 8. Faculty members of the Indian Institute of Management, Calcutta (IIM-C) are companies in their opposition to the Union Human Resource Development Ministry’s move to reduce taxes.

Prof. Asish K. Bhattacharyya, Dean (planning and management) of IIM-C and spokesperson of the Faculty, told Business Line, the Faculty of the opinion that the tax was cut under the autonomy of the Institute, which is registered by the association as a body independent, and not a hotel.

Professor Bhattacharyya said that there is an option of the Faculty, have resorted to legal measures. “We are considering all options. The judicial process is not a privileged, but we are obliged for such a measure as a major group of IIM-C,” he says. ”

“We also ask, Mr YC Deveshwar, president of the Governing Council on its draft resolution on reducing fees. IIM-C Faculty strongly believes that the Department of command on the subject was not a” mandatory “At the Institute. Approval for the new session at the IIM-C would begin in late May or early April.

Mr. Deveshwar, it is scheduled for April 16 Faculty.

In addition, the Supreme Court today directed all six IIMS to submit their comments on the issue of reducing costs by 16 April. The summit also court fixed the hearing of the public interest litigation on the subject, the same day. IIM-C response to the Supreme Court directive on the fee reduction would be completed early next week, according to the Institute of sources.

Prof. Bhattacharyya said: “We are discovering, through legal formalities, if we ever move the court”.

Regarding the issue of autonomy of the Faculty representatives pointed out that the memorandum of freedom of association and rules of IIM-C had clearly stated that “the general superintendence, direction and control over business of society (IIM-C-Gesellschaft) their income and property is vested benefits to the board of directors of the company, which bears the name “Board of Governors.”

The Faculty Council has estimated that the chairman of the Board of Governors, has been specially assigned by which they make, the resolution, Mr. Deveshwar could not as a “compromise” the autonomy of the committee. “The Institute of revenue, academic freedom, decisions concerning the students’ teacher-report and the curricula could not part of the area of the state,” he observed.

Prof. Bhattacharyya also pointed out that the IIM-C Faculty had a position paper of the Government in question to move in a reduction of taxes and the question of autonomy over a month ago, was the distribution to the officers.

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.

THE faculty council of the Indian Institute of Management, Calcutta (IIM-C) on Monday decided to move the Calcutta High Court challenging the validity of the 164th meeting of the board of governors, which took place on March 26, 2004.

Prof Asish Bhattacharyya, Dean (Planning & Administration) and spokesperson of the faculty council, told newspersons that the validity of the said meeting was being called into question since four members had been replaced or substituted just before the crucial meeting to decide on the fee cut issue.

The council has also recommended that the Director of the institute provisionally maintain the fee structure for the forthcoming session, which begins in May.

Prof Bhattacharyya said that the council has suggested that since the board of governors has not been able to take a decision on fee reduction as directed by the Union HRD Ministry, the continuation of the same fee structure was advisable in view of smooth functioning of the institute as per the curriculum.

In the just concluded two-year session, IIM-C had charged a total of around Rs 2.5 lakh. The payments were obtained in various stages. The initial payment was around Rs 48,000.

“We have also suggested to the Director, who was present at the council meeting today, that fee received in excess of what might be finally decided by the board of governors or the Supreme Court be refunded with interest to the students.”

Prof Bhattacharyya also said that it has been the practice at IIM-C that before every session the faculty would recommend the fee structure and the board would take it up for approval. The council has also suggested that the Director, in the absence of clarity, might keep aside the Central Government’s proposed grant of Rs 4 crore for 2003-04 on account of non-Plan expenditure.

“The fund has not come in yet. But if it comes, the council advises that it should not be used until the matter is resolved by the Supreme Court or through a process of dialogue.” Meanwhile, the IIM-C faculty council has requested the Ministry that it be included in the process of dialogue on the fee revision issue.

The council has decided to form a three-member committee consisting of two faculty members and one alumnus for the proposed dialogue.

Bangalore, March 16. COGNIZANT Technologies has been the biggest recruiter in the Indian Institute of Management, Bangalore’s (IIM-B) campus recruitment programme this year, notching up 24 of 180 students.

“They made 30 offers, but were accepted by 24 people and this is the first time that an IT company has made so many offers,” said sources in the institute. This year’s batch was snapped up in record time, according to the institute. In just two days, all the offers were made and accepted.

At the IIMs, ’slot one’ companies (chosen by the students) are given the first two days to conduct their placement process. This year, there were 14 companies that made 100 plus offers on day zero. These include Dresdner KW, Capital One, McKinsey Consultants, AT Kearney and British Petroleum. The ’slot two’ companies were P&G, HLL, ICICI, ABN Amro and Cognizant Technologies.

Officials, however, refused to reveal the average salary, as the details “are yet to be computed.”

There are signs indicating that the budget for increased spending on health, education, Mid-day meal, the use of state guarantee schemes and other emergency aid for the common people. This is a continuation of the policy over the past 50 years. He was the municipal development and the cooperative movement in the sixties, garibi hatao in the seventies and human development in the eighties. But the man in the situation has not changed much. This is because the Government is temperamentally proximity of the rich. Route Jawahar Rozgar Yojana place before sarpanch home. The house under Indira AWAS Yojana is built for his brother.

Health care medicines meant for primary health centre are sold on the black market. Thus, Rajiv Gandhi had said that only 15 paise out of a rupee sent from New Delhi reached the addressee. IMF, the first deputy director Anne Krueger warned, “The Indian government is a wide variety of subsidies for the poor, benefits non-poor, as many groups. These subsidies should be reviewed because they seek only to the growing budget deficit. ” There is no pressure inside the system, this would be money to versickern on small people. The government links, west Bengal, it has succeeded in building a pressure group of the Communist Party at the grassroots level. The failure of these systems is almost certain, in the absence of a portion of these frameworks. We need better opportunities to achieve the common man. The root of the problem lies in the nature of the market. We must make the free market, so that Indian companies to reach out globally, effectiveness and India in the world, No. 1 economic power. But the market follows the diktat of purchasing power is concentrated among the rich. There is no place for the common voice of men on the market. There is thus a contradiction between the two objectives that we have before us. The government wants uPA manage this contradiction by an increase in corporate and income tax such as the introduction of a process of education in the last budget. This approach is probably cancelled because only 15 paise of every rupee spent will probably reach the poor. In addition, taxes as the education process of our businesses are not competitive in the global marketplace. Sub-contracting provision of NGOs, the rate of delivery of 15 to 25 or even 50 paise, but companies still need to impose not made the world more competitive. How should we less interference in the market and, at the same time, support for sharing the man? Wild Horse Finance Minister should think otherwise. The market is like a wild horse. This may be the driver to his destination, if they can prove the reins. The Minister of Finance should be a tax system for enterprises to create jobs. It can do so by a reduction in tax rates of consumption labour intensive units. At present, our businesspeople prefer to avoid automatic that the problems of labour laws and trade union militancy. The intensity of the use of Indian industry is declining. The Minister of Finance could, for example, that a device pay wages and salaries of more than 40 per cent of its turnover will be entitled to 25 per cent reduction of excise duty. The businessman is offset, where the problems of employment of large numbers. In addition, lower rates of duty that can be imposed on sectors such as handlooms labour, agro-processing and garment manufacturing. On the reverse, capital-intensive industries, in a relationship of eating can be heavily taxed. The growth of bottles Soft-Drink industry has resulted in the closure of the street corner fruit juice manufacturers and providers of tenders coconuts. Textiles handlooms pressure are similar to those of large companies in the textile and discard the work of Weber. These offers should be heavily taxed to eat, so that work units can survive intense. The government in both policy areas. Establishment of an educational process leads to greater burden of taxation and entrepreneurs zerfrisst able to invest, vis-a-vis its foreign competitors. The introduction of higher excise duties on alcoholic beverages and major textile mills increased production costs and has the same effect. Both taxes have a negative impact on global competitiveness. But the introduction of an increase in excise is preferable, because this range to avoid leaks, tax and spend approach. Employment is generated, net of taxes to be collected and without the participation of sarpanch and the village-level workers. A similar policy must be implemented in regard to small industries. The Reserve Bank of India has a policy of 40 per cent of the credit should go to priority sectors. But the share of priority sectors, despite the continued decline in broadening the definition of this sector. The reason is that bank managers, earn profits from its branch. The Bank has contributed to huge administrative burden in managing large numbers of small accounts. There is a contradiction between two objectives, there is the director of the institution. On the one hand, he must show to win, on the other hand, he worked in the service sector priorities. Grand loans finance ministers have for the industry profitability on loans to SSIs. A tax of one per cent should be imposed on large loan and the amount spent on cross-subsidies to its branches, the SSIs credits to cover rising administrative costs. The branch loan on SSIs obtain grants and benefits. Such cross-subsidisation of taxing large SSIs is ready not to be confused with the fiscal subsidies such as life and fertilizers, general tax revenue. Like the government high rates of air conditioning to Class II, Class subsidize, it should tax similar to large borrowers and to subsidize small borrowers, without an increase in the average cost of credit in the economy . The high level of taxes on large units to do so, they are no longer competitive in the global economy. The India can not approve the machine flooded with fabric from abroad to the closure of the two Handwebstühlen and the local textile mill. This problem should be solved by a parallel increase in import duties. So, both imported and manufactured mechanically national substance is expensive in the domestic market and hence the handgewebten to survive. Consumers should be asked to bear the high cost of this substance as a taxpayer, for the generation of employment. Indeed, the tax burden as a whole must not go down when the government closed the welfare programs are in tandem and reduce taxes in proportion. The challenge is the budget is intended to ensure common prosperity of mankind, without resorting to government machinery. The market must be in the right direction, incentives for employment generation. The author is a former professor of economics, Indian Institute of Management, Bangalore.