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running a business

MBA students in biz venture

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

Recent successes on campus: Crescendo in E-Dur

WHEN it comes, the supply of diplomas, the halls of science are not immune to fashion. Some colleges and universities bank blue blazer classics such as history and philosophy. But also, as they try to read what from time to time.

What zischend just now, taking into account the achievements of the amount of dot-com, e-commerce Credential. In a source of many teachers and administrators say, it is faster to maintain the trend in the slow evolution of the world of higher education, universities and universities of Germany rush for the study of ‘Business Via Internet degrees, large companies, minors, concentrations, specialities, certificates, scholarships and research centers.

During die”University of Alabama does not have an e-commerce program, we are working at full speed on the establishment of un”écrit Bill Gerdes, a spokesman for the university, in an e-mail In response to a question on the topic of Commerce e degrees on the campus of Tuscaloosa.

There are so many variations of e-commerce education, given that the institutions. Dozens of programs or also now available, some are focused on Internet technology, training in the field of Web site design, Electronic Data Interchange authentication and Technology in collaboration with the marketing and consumer services. Others focus on entrepreneurship and the basics of running a business on the Internet, including managing tabs, and on the finances of the inventory.

Some curricula and intense participation Undergraduate degrees in disciplines such as computer science or finance. Others unless, of course, the demands and would appeal to students who are not necessarily easy with computers.

Carnegie Mellon University’s Graduate Business School, Pittsburgh only a programme of Master of Science in e-commerce, teaching economics and computer science. The programme throughout the year, in May last year, has started, it cost $ 38,000, and the university said it is appropriate that graduates of the construction and operation of a business online, mounting system ground

The main programme in the field of science Marlboro College in Marlboro, Vt., which began in the year 1997, offers online instruction in basic research, web design, marketing and strategic planning for the Web. The 11 months of the program are needed to attract students on campus every second weekend and costs $ 15000. ”We focus on less deep, and most of the technical infrastructure necessary for the student to orchestrate strategies for the Internet,’’said Paul J. LeBlanc, the president of the university.

At the University of Florida in Gainesville, a certificate in electronic commerce as part of a two-year MBA program, after the completion of seven e-commerce, the rates of subjects, such as information on As the prices of products and services and one-to - One Marketing About the Internet.

Every student at LaSalle University in Philadelphia, can be regarded as electronic commerce Stipendiaten””durch the visit of two E-Commerce-Cours, courses in other disciplines, with an e-commerce component, or part From September - A series of lectures. All grantees must write a word-2500 research paper and work in practice - for a company or organization of service, for example - for 40 hours. The scholarship is for graduates term “portfolio fellows of the transcript and walk away from e-commerce.

Student interest in the new e-commerce programme level and of the management of higher education on the strengths of saying. Carnegie Mellon said it has received 180 applications, of which he chose his first 37 candidates. Paul R. Brazina, the executive director of LaSalle’s New Electronic Commerce Institute, said that 470 students have shown interest in the implementation of the award of the program, earlier this month.

At Vanderbilt University, Nashville, 110 students, a quarter of the candidates have chosen to MBA e-commerce as the concentration or specialty.

Companies are even more enthusiastic e-commerce as an academic and Uni-admins. Most companies believe that people with an intimate knowledge of modern information technology, technology and e-commerce strategies for competitive advantage. Some companies are e-commerce promoter of research centres, sometimes as a means of transforming his company, problems in the case studies, that students can try to resolve them.

”The width of the company’s request for the e-commerce experience, the CS First Boston General Electric, the start-up, like Priceline.com, is surprising,’’said Robert F. Bonner, Director of the Office of Career Management Wharton School of the University of Pennsylvania. ”A few years ago, companies would say, e-commerce on a Student’s experience was even “nice to have”. Now, they say, “must be.”

B influx to leave school to politics

NEW DELHI: Guess who’s getting to the corridors of power Delhi? Nothing else that graduates of schools in B above, which, with the intention of the policy, to reach strategic direction and roles far cry from the levels of corporate management. And there is still much more to expect good opportunity to dive into the business of politics.

Sample. IIM Lucknow-Alumnus Ranjan Kumar, who became a full-time worker congress entries strategic Party Secretary-General Rahul Gandhi’s Team. Prodyut Bora, 1999-batch IIM Ahmedabad graduate, left his consulting activity at the BJP national convener of the cell.

To Sidharth Nath Singh, a graduate of the SGF, Delhi, is the right combination of running a business and to devote the time and energy to the BJP. Not surprisingly, Mr. Singh, who is also a British charity of engineering design and consulting company-WSP, the party is in charge of Nagaland, in addition to his appointment as advertising in the BJP-tax for the next elections Gujarat.

Admittedly, there are several MBAs and entrepreneurs who have finished their work, politics, SundayET picked up a few above examples of the B-schools in the countryside.

Young Congress MP Sandeep Dikshit, himself a graduate of the Institute of Rural Management Anand (IRMA), has another motivation IRMA few graduates working full-time on a project to care for more than 50 deputies of district and development policy.

Nidhi Tiwari, IRMA Alumnus such, should not be excluded from active politics for membership at a later date. “For us, this is a good platform for policy issues and to understand the policy of romanticise. From the outside, it seems that a member of Parliament is very powerful. But if the exception to the Interior, which will help in determining how difficult it is, for a MP to work, when people have too many expectations of them, “said Tiwari.

There are a lot of top B-school are contemplating leaving their jobs in the Blue-Chip companies in the Indian polity. Swati Sharma, Senior Manager in an MNC, and a product of Symbiosis, Pune, said: “With the policy is such that the entrepreneurial spirit. You must risk. Yes, I am seriously considering the opportunity to register a political party. I am ready, To work hard and to develop a constituency for me to Jerusalem-Kolkata. Finance and comfort are alone are not enough. ”

“We can do much more for people active in politics,” said Sharma. It is important to note that a number of young faces in Indian polity B-school degrees. Congress MP Sachin During pilot held a degree from the Wharton Business School of Business, his party, Mr. Milind Deora has an MBA from Boston University. In addition, two other members of Congress Jyotiraditya Scindia and Naveen Jindal American MBAs are high-B - schools.

After BJP-Bora increasingly leave school B should be noted that the policy is a powerful tool for bringing people together. “The principle of management that can be applied everywhere - whether an NGO or a political party. Example, the management of learning is always an advantage. Again, as I BJP, as this is the only national party, to estimate the merits. Indeed, a farmer’s son is now president of the party, “he said.

Mr. Singh, also of the BJP, said that the B-school learning is useful, even in politics. “I think that is the key, you can use your time as well. If your time, it can be a lot in politics, “he said.

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