The world renowned Cranfield School of Management in the UK will present a scholarship to any member of the three leading IFAC accountancy bodies in Sri Lanka, the Association of Chartered Certified Accountants (ACCA), the Institute of Chartered Accountants Sri Lanka (ICASL) or the Chartered Institute of Management Accountants Sri Lanka Branch (CIMA). Full Time MBA Programme Director Sean Rickard who informed Sri Lanka of the scholarship said, “We hope the scholarship attracts candidates who will benefit from this initiative and that, with the help of the accounting bodies in Sri Lanka, it will raise Cranfield’s profile. We are extremely grateful for the support of the institutes in this. We will be reviewing the success of the programme after two years.”

ACCA Sri Lanka’s Immediate Past President, Dilshan Rodrigo, himself an alumni of the Cranfield School of Management extends his best wishes to all candidates and says, “I hope most sincerely that this initiative will signal the birth of a new generation of professional skilled managers who will add value to the corporate boardrooms of Sri Lanka.” Stating that this is truly a world class MBA ranked consistently as one of the top MBAs in Europe, he adds, “This one year full time programme is ideally suited for members in middle and senior management positions with ambitious career goals.” Rodrigo, who has continued to maintain ties with Cranfield, further reinforced the relationship once he became President of ACCA Sri Lanka, sourcing resource speakers for the ACCA National Conferences in the last two years. “Two people who played significant roles in mooting this scholarship from the Cranfield end are the former Director of the MBA Programme Professor Leo Murray who was the Keynote Speaker at our conference in 2006 and has a soft spot for Sri Lankans and Sri Sriskanthan, a Sri Lankan faculty member on the MBA programme.”

Cranfield has produced a distinguished honour roll of MBA alumni from Sri Lanka over the last two decades including Managing Director of Hatton National Bank Rajendra Theagarajah, Senior Vice President of WNS Arul Sivagananathan and Group Financial Controller of Stretchline Hasantha de Silva. Members of ICASL, ACCA and CIMA must apply directly to Cranfield School of Management, for which instructions are available on the Cranfield website ww.som.cranfield.ac.uk/som/mba/, marking the application ‘Sri Lanka Scholarship’.

More : dailymirror.lk

There were 22 MBA Vietnamese graduates and eight BA Vietnamese graduates in these first classes receiving the degrees of the University of Bolton. The degrees are recognized by the Vietnamese Ministry of Education and Training.

Speaking at the graduation ceremony, Deborah Clarke, British consul general in HCMC, said there would be plenty of opportunities for Vietnamese graduates as Vietnam’s economic success and integration into the global economy is fuelling demand for well-educated managers who are able to operate in a global market-place.

She added education is one of the five key pillars of the UK’s relationship with Vietnam and that the collaborative partnership between the two universities will help to create a critical mass of skilled professionals with an international outlook in Vietnam as well as further strengthen educational links between the UK and Vietnam and promote understanding between the two countries.

Working in partnership with HCMC University of Banking, the University of Bolton has delivered the programs in HCMC since 2006. The programs include Bachelor of Accounting, Bachelor of Business Administration, and transfer program for Bachelor of Business Administration and Master of Business Administration.

An enrolment seminar for these programs will be held at 8:30 a.m. on July 19 at Kim Do Hotel, 133 Nguyen Hue Boulevard, District 1, HCMC. For details, contact the Center for International Cooperation of the HCMC University of Banking (2nd floor, 39 Ham Nghi Boulevard, District 1, tel: (08) 821 4660, ext: 101).

More : english.vietnamnet.vn

Information Technology (IT) holds the key to kick-starting a revolution in banking, said Radha Unni, chief general manager, State Bank of India, here.

She was inaugurating a national conference on `Braving new frontiers in banking,’ organised by the ICFAI Business School, here.

She called for standardisation across banks and appealed to them to take the services to the doorsteps of the customers for financial inclusion.

Anoop Narayanan, security consultant, First Legion Consulting, said human fraud, incompetence and errors made the implementation of new technologies difficult. He also spoke on information leaks and the cultural factors involved.

Punjab National Bank senior manager Guru Murthy spoke on the implementation of core banking solution. He provided an overview of the technologies used in mid-level interactions, in the back offices and in internal monitoring and reports.

K.A. Joseph, managing director, Kerala Venture Capital, summarised the session on IT in banking by providing an overview of mobile Internet banking. He said that IT should equip bankers to convert future threats into opportunities.

A.K. Basu, general manager, State Bank of Travancore, spoke on private banking. He highlighted the various challenges faced in private banking.

Ommen Jacob, regional sales manager, ICICI Bank, said the challenge before private bankers was to provide their customers with the best service in the industry. He spoke about the four R’s of private banking: reach, relationship, research and resource. It was only by investing in them in favour of customer needs could the banks achieve their goals.

A.V. Anil, branch manager, Kotak Mahindra Bank, focussed on the services provided by private banking and also gave a brief picture of the challenges faced such as high client expectations, higher fixed costs and so on. Padma Kumar, former chairman and managing director of Federal Bank, stressed the need for private banking. He said that as the interest rates had reduced, people did not just invest in banks; they had more options.

Private banking should aim at providing products for wealth management to all sections of society for financial inclusion.

Cherian Varghese, former chairman and managing director, Union Bank of India, spoke on retail banking and the various norms issued by RBI regarding it.

V.P. Roshan, branch head, IDBI Bank, gave an overview of how banks operated, the importance of retail banking.

More than 70 students, received access to land the best Management Institute, met Sunday evening to celebrate their success at an event organized by the richest victory of Education Institute of Management Pvt Ltd, mouth of the people known as the name of TIME.

The students were gecoacht Time, which has 51 centres in cities and municipalities across India. The Institute manages more than 25000 students from the town Admission Test (CAT) -2002.

According to Rajeev Sathyesh, provided that the number of visitors IIMS at Ahmedabad, Calcutta, Lucknow and Kozhikode, who was coaching full-time and up-to-date, the group discussion and dialogue was a breeze. Sathyesh, an engineering degree, specializing in marketing plans at IIM, Ahmedabad.

Aditi Tandon, an art student at St. Francis College, received the Management Development Institute, Gurgaon, if time coaching they do not know much about Management Studies. “However, coaching and equipment delivered at TIME has also helped a student of art as I surely admission to institute a premium,” said Aditi.

“It is the” Relationship Management “, particularly the extraordinary studentfaculty report that staff met TIME independently of other coaching institutes,” Sainag curriculum vitae is accession IIM Bangalore reported next month.

Sainag, gave his second shot on the chat in 2002, said the faculty and staff in the TIME are also concerned and caring, even if it is not that the entry into the IIMS in 2001, she continues to strengthen its morale and encouraged the entry test other shot.

Ilya MV sand, has received, IIM, Calcutta, said coaching in time, so that one feels “more comfortable” in interviews and focus groups.

TIME P theatre directors and Manek Daruvala Viswanath, the payer and teachers of high schools in the city were also in the Get-together. 670 students have finally secured IIMS selections solely on the Cat 2002

Two MBA students were sentenced to life in Pune on Thursday for murdering their classmate—a case of a love triangle gone wrong.

Additional Sessions Judge S S Phansalkar Joshi sentenced Aditi Sharma and her boyfriend Praveen Khandelwal for murdering Udit Bharati on April 22 last year by giving him prasad laced with poison.

All three were 25 and students of the IIHM MBA institute in Wakad, Pune.

Udit and Aditi came to Pune from Jammu where they had studied together in an engineering college. They planned to get married after finishing their MBA degree but their relationship changed.

Aditi met Praveen at the MBA institute and fell in love with him. She wanted to end her relationship with Udit, but he would have nothing of it.

“Aditi and Praveen found a job in Gurgaon but Udit continued to pester Aditi. So both Aditi and Praveen connived to eliminate Udit. On April 22 last year, Aditi came to a Pune lodge and called Udit. When Udit arrived, she offered him prasad mixed with arsenic,” said additional public prosecutor Neelima Vartak

Udit went back to his apartment after eating the prasad and was later taken to hospital where he died.

The prosecution alleged the two had pleaded guilty of murdering Udit at the MacDonald Hotel near the Chinchwad station.

The police had initially registered a case of accidental death only to discover later the presence of arsenic in his body. Remains of the poison were also found in Aditi’s bag.

When the judge pronounced the life sentence and asked Aditi and Praveen if they wanted to say anything, they said they were “innocent”.

A highlight of the case was examination of 33 prosecution witnesses, who mainly comprised forensic experts testifying on administration and traces of arsenic found in the viscera of the deceased.

More : ibnlive.com

A few foreign students who chose to study in Kerala reveal what their experience here has been so far — a mixed bag, with some surprises thrown in.

For Pierre, Tania and Maurice from Europe, who are pursuing courses at the Cochin University of Science and Technology, Kochi, the Kerala experience is a wonderful one. They find the warmth of the people quite endearing.

Having come from a different cultural background, they enjoy familiarising themselves with Indian ways, and getting to know how people behave.

“Everybody is interested in each other. It is very different from the individualistic life back home”, says Maurice Scheepens from the Netherlands, who is in Kochi to do research work in the Department of Applied Economics.

People are genuinely helpful here, says Maurice, who is attached to Tilburg University and has done his postgraduate programme in Policy and Organisation. He came to Kochi only two weeks ago, but he has been able to go about his work in and around the city on his own. “People at the bus stops help me get into the right bus”, he says.

They generally want to know whether everything is all right, he says. “There is no lasting relationship back home”, he adds.

Tania Ghandouri, from France, says: “All my classmates have been very helpful.”

Maurice enjoys the spicy food here. “Until I came here, I have had my food only with salt and pepper.” Charmed by the greenery around, most of the students, who have travelled to many parts of the world, feel that Kerala is the most developed State compared to the rest of India.

The influence of tradition on society is very strong, says Pierre Reman from France. Cultures are different in most parts of the world, but “India is another world,” says Tania. “I never expected it to be so green,” she says.

And it took her some time to get used to spicy food. Tania and Pierre have been here since July; they will complete their term in another three months.

They are looking forward to picking up a placement in any country. They say that they would prefer to work outside France. Unlike management students, Maurice wants to take up work in a voluntary organisation involved in development work.

Pierre, whose father is from Gujarat, had been to Rajasthan and had expected Kerala to be an extension of Rajasthan. But Kerala was a pleasant surprise, he says.

Tania and Pierre are here on an exchange programme of the School of Management Studies with the Sup de Co (High Business School), Montpellier University, South of France. Their business school programme involves one-year internship in a country outside France. Both of them had earlier gone to different South American countries.

Business studies is international, but the methods of teaching are different, says Tania. “Here, the teacher occupies a high seat and commands the respect of all. Here, he is a master, but back there, the teacher is a seller of education”, she said.

NEW DELHI: The Indian Institute of Management, Indore, said Wednesday, the Board of Governors has no decision on the full cost of the tax current of the battery to keep students and Rs 30000 for the account of Institute and the rest in a non-binding - Adjusted into account, subject to the decision of the Supreme Court.

It was to clarify the reports, which had said that the IIM fees I would be fully tax and Rs 30000, it would be in the Institute of account and the balance to a non-relationship.

“We clearly that there is no such a decision had not yet fallen, the Board of Governors of the IIM, I went into this case”, the director IIM-I SP Shar said paradise.

Parashar also denied that the Institute had decided to introduce a tax of Rs 30000 only by the human resource development ministry.

He said the Board of Governors were seized of the matter and would soon make a decision.