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

B-Schools are increasingly roping in a number of younger and lesser-experienced MBA aspirants.Ross Geraghty delves deeper into this trend while mentioning that it is still advisable to gain considerable work experience before enrolling for a business programme.

Unlike for most educational courses, for an admission to an MBA course,a minimum of three years of work experience in a managerial role is crucial. This figure can be higher in some cases.

In rare cases will a institute accept recent graduates. This, too, is done for exceptionally talented students.

More : economictimes.indiatimes.com

A concentrated on policy towards the marine engineering training in India is the need of the hour to strengthen the country’s position in the global maritime industry, after consulting experts.

The presence of people of Eastern Europe on the world market for seafarers and the increased availability of skilled labour from China and the Philippines are a threat to Inde’s dominant position in World Trade Maritime, Mr K. Saxena Brijendra of Tolani Maritime Institute, New Delhi, said in a document submitted to a recent seminar.

In addition, Myanmar has been a considerable number of young officers, and many companies in the Far region are very satisfied with their level of performance, “he said.

All of the increase in Chinese sailors in the last hour is 7.24 percent, while India is a modest increase of 3.21 percent. The number of the Russian crew in the category of officers has also shown an upward trend in the recent past.

Given all these things, Mr. Saxena pointed out that there should be a proper assessment of the activity of all our competitors in neighbouring countries likely to make changes to the current system.

A look closer on the vessels of technology education and training with the clear understanding of what’s happening in other countries, will certainly benefit from the maritime training in the country over the long term, he added .

According to him, the contribution of the Indian Navy engineers in the development of maritime industry in the world is commendable.

However, it is essential that this situation will probably continue and improve. A study by Wu Bin Seafarers International Research Centre, Cardiff University, says that 55 percent of Chinese sailors to work on foreign ships, he said.

Mr. Saxena also proposed a number of proposals to strengthen maritime training, given the excellent career prospects in the sector.

Sailors Engineering Institute should be compatible with the network of educational institutions in other disciplines, for necessary inputs.

Improved information should be considered in the market regarding the maritime industry and the real offer on board.

A selection method to ensure that students are selected. More industry of the Institute of interaction is necessary to understand the needs of each other.

Marine Engineering Training is an integral part of the maritime industry in India. Indian sailors, including engineers from the sea, is welcome to have the ship and ship management companies in the world and are regarded as efficient, reliable and ably and effectively.

Government policy allows private sector participation has resulted in the development of the supply of many institutes dedicated to 4 years of the Vessel fields of study.

India has a place among countries to provide labour, especially in the category of officers exhibitions. In order to maintain market share, said he should have a closer look on the training of seafarers.