Some interesting facts from IIMB new batch profile...

I came across this interesting page on the IIMB results site. You can access the full document here.

A few observations about the IIMB batch profile:

1. 67 females made it as compared to 321 males. That's less than 18%. I guess things are a lot better than having 1 girl in my batch of 42 at IIMK in 1997-99!
2. Engineers made a killing at IIMB with 92% seats, up from 89% last year. Out of these Engineers, an astonishing 31% are from IITs, and 22% are from NITs! As I keep saying to any non-Engineer, there are still 30 seats which went to non-Engineers. And you only need one of them!
3. A total of 117 freshers reached the institute this year. This counters one of the most disputed myths about IIMs only taking Work-Ex junta!
4. Another way of putting the above is that fact that there were 328 out of 388 people who are below 25 years of age. The range is 19-35 years! I am sure the 19 year olds will feel a generation difference;)
5. Now, this one is my favourite: The lowest Graduation Percentage in the current batch is 66.20% in the general category, and 54% in the SC category! That does away the myth of only Toppers getting into the IIMs all the time...for the record, I had 52% in my Graduation, and I was not the lowest marks in my IIMK batch :)

Hope this will be taken in the right spirit! I will try to get other IIM data as well, and see what do they throw up.

अलंकृत: In Honour of Our Successful Students

We held an event called "Alankrit" to honour the 28 IIM converts as well as the other institutes and invited all our students to be also present. The Pune weather doesn't give too much scope to do much before 6 pm, but later on it becomes quite pleasant. Though the crowd was thinner than expected, probably due the IPL, we were able to engage them with some quizzes and contests. The Successful students spoke at length about their preparation, and the contribution CL family had made to their lives.

It was quite emotional when we gave away certificates (attached here) as well as books as gifts. The best, of course, was towards the end when our younger brigade from the BBA/ LST Prep batches forced all of us to the dancing floor. You can view the snaps below and on our blog clpune.blogspot.com.



Thanks to everyone for making it a great success!

100 %ile from CL!

Congratulations to Nishant Sinha from Career Launcher, Delhi for scoring a perfect 100 %ile in CAT 2008! You did us proud!

With today being the culmination of an year-long effort, here's wishing the best of luck to all of you! Please do inform your percentile rank and the calls that you get to your mentors at CL. Simply send a reply to this message...

All the best!

Anirudh and other mentors at CL, Pune

IIM Bangalore set to increase fees

Indian Institute of Management, Bangalore has decided to increase the fee for its flagship PGP program to Rs. 2.5 lakhs. The change would be effective for all 2007 enrollments.

Explaining the hike from the current Rs. 1.75 lakhs, IIMB director Prakash Apte said the kind of salaries offered to students placed via campus selection justify the increase. He also pointed out that while the cost of the program is Rs. 4 lakhs, students are still charged a subsidized amount.

Along with the fee hike, IIM-B is also increasing the student intake to 270, from the current batch size of 240.

Source: Economic Times

Government wants more control over the IIMs

The HRD Ministry led by Arjun Singh is working on a law to curb the financial independence of the six IIMs. Through the Institutes of Management Act the ministry has proposed to limit the funds received by B-schools to only the annual grants from the government.

If this law is passed, the IIMs will also have to submit their financial records for review to the Parliament, making them answerable to the Government. The IITs have been governed by a similar law, Institutes of Technology Act, since 1961.

Source: Economic Times

IIM-A to revise PGP program

India’s top B-school has announced plan to revise its flagship program for the first time in a decade. A committee of professors has been formed to revise the curriculum and bring it more in line with the changing market scenario.

The course revision will be done keeping in mind the expectations of students and the institutes goals. Other issues such as teaching methodology, program content, exchange programs, faculty exchange and appointment, course curriculum, choosing electives will also be taken into consideration.

Source: The Economic Times

IIM-L launches IPMX program at Noida

Indian Institute of Management, Lucknow has announced plans to offer a full-time, one-year, residential executive MBA program at its upcoming Noida campus. The focus of this program will be to train aspirants with prior work experience for leadership roles.

The International Program in Management for Executives program will focus on developing the students’ understanding of the Indian and international business environment. IPMX will facilitate their understanding of business, at both functional and strategic levels.

Admission to the program will be through GMAT scores. IIM-L will consider scores obtained from 1st January 2004 to 20th November 2007.

Application dates

Source: MBAUniverse.com

IIM Shillong to begin operations in 2008

The 7th Indian Institute of Management, IIM Shillong will begin operations from academic year 2008 – 2009. The institute will be called the Rajiv Gandhi Indian Institute of Management (RGIIM), and will be situated on a 120 acre campus. In its first year, the institute will admit 60 students. This will be increased to 120 students in its third year and 180 students in the sixth year.

Initially the institute will offer a two-year full-time program in management (PGPM). In future the institute also plans to offer short-term programs of local relevance on subjects such as tourism, horticulture and hydel power.

However, the institutes name was missing from the CAT Bulletin issued by the IIMs on July 21. The CAT Group will issue a notification about the Shillong institute shortly.

Source: Business Standard