Showing posts with label IIM. Show all posts
Showing posts with label IIM. Show all posts

Saturday, April 17, 2010

Second rung b-schools struggling on placements: Research

B-schools across the country may be boasting of top class infrastructure and strong industry-academia interface but most of the Tier-II B-schools are struggling on the placements front and manage to achieve placements for only 20-40 per cent of their students.
Besides, the final placement process at these B-schools bags jobs for most of the students in insurance and sales and that too in the salary range of Rs 12000-22000 per month.
The lacklustre performance of these B-schools on the placements front is due to lack of practical sales training, says a research by Little Extra, a Kolkata-based sales training and research institute.
The research was conducted across 60 MBA institutes across the country with the owners, directors, training placement officers and faculty members of these institutes involved in the survey.
The survey also covered the HR heads and chief executive officers of 40 companies across sectors and 800 MBA students.
According to the survey, more than 80 per cent of the students are offered sales jobs but these students are not trained on sales concepts and its applications as the syllabus lacks practical sales training.
The survey states that the MBA/BBA syllabus of Biju Patnaik University of Technology (BPUT) and Fakir Mohan University, both based out of Orissa and some other MBA institutes do not have practical oriented training.
As per a report by leading global consultancy firm Gartner, various companies spent Rs 1500 crore on sales training for their employees in 2008-09. Though there are many sales trainers for the employers, there are not enough for the management institutes.
To ensure successful sales training at the B-schools, the faculty members must have worked at the managerial level and trained subordinates in sales function.
Sales is about how you talk to your prospect, how you present yourself and not just mention the facts about your product. To sell you need to have confidence in yourself, present your solution enthusiastically”, said Subrato Samddar, director, Little Extra.
Since sales is not just about selling, the research by Little Extra has suggested a two-pronged action- practical sales module and faculties with sales exposure.
Besides, the research has stressed on targeted, customized and holistic employability training focusing on Attitude or Emotional Intelligence (EI). Research says that EI can contribute to 90 per cent of success in life whereas IQ (Intelligence Quotient) contributes only 25 per cent.
The study reports that placements require a combination of corporate interaction through guest lectures and Management Development Programmes as well as employability training but most of the B-schools are deficient in these two aspects.
Apart from placements, the other area of concern is the inability of the second and third rung B-schools to fill up their capacity despite investing Rs 6-15 crore on college infrastructure and start-up costs.
Consequently, these institutes start admitting almost every one who applies, starting a vicious cycle of poor input, leading to poor placements.
The top 50 B-schools in India select just about three per cent of the total aspirants compared to management institutes of international repute like Harvard and Stanford which have a selection rate of 10 per cent.
The inability to attract good students, Samaddar feels is because of the failure to follow the basic rules of marketing like creating a niche brand equity and leveraging word of mouth publicity.
There are more than 1900 B-schools across the country producing over 95,000 management graduates annually.
Little Extra's research suggests that quality dips significantly beyond the top 50 B-schools in all key parameters like student input in communication skills, teaching quality, corporate interaction and final placements.


Source: business standard

IIM-Kozhikode in talks to set up satellite campus

In a bid to meet its infrastructure needs, Indian Institute of Management-Kozhikode (IIM-K) is mulling setting up a satellite campus in Kochi. The institute is expanding its existing campus area by acquiring 15 acres of land.
The institute is in talks with a public sector undertaking (PSU) in Kochi to take one of its buildings on rent. The PSU has a campus of around 200 acres. IIM-K has already received the approval of its board to start negotiations for the building. “We are in talks (for the satellite campus). If it goes through, we will look at new offerings and short term programmes on the campus,”said Debashis Chatterjee, director of IIM-K.

Spread over 100 acres of land, IIM-K is situated on two hillocks in Kunnamangalam area of Kozhikode. The 15 acres of land it has acquired will be utilised for water harvesting and constructing other facilities like a gymnasium. The institute has invested Rs 20 crore for this land which has been sourced from a combination of its corpus fund, grants and profits. It has a corpus of around Rs 100 crore. So far, only IIM-Lucknow among the IIMs has a satellite campus, which is located in Noida. Chatterjee said that once negotiations would be complete, decisions on programmes, intake among other things, would be taken.
Started in 1997 with a batch of 42 students for its PGP, the institute’s intake for 2009 was 309 students which is an increase of five times in seven years. It is a pioneer of on-site learning programmes and runs seven programmes with HughesNet Global Education. For the the incoming PGP batch, the institute has increased its fees by a lakh taking the fee to Rs 10 lakh for the two year programme. The institute is also in the process of getting an Association of MBAs (AMBA) accreditation, which it expects to receive by next year.

Friday, April 9, 2010

Disgruntled CAT candidates to move Delhi HC


Students unhappy with their scores in the Common Admission Test (CAT) 2009 have decided to file an appeal before the Delhi High Court. The move comes at a time when over 150 B-schools, including the Indian Institutes of Management (IIMs), are preparing to close their admissions for the academic year 2010-12.The appeal would be filed against the IIMs, the testing agency, Prometric and the ministry of human resource development, a student told Business Standard on condition of anonymity.
A similar plea demanding a stay on the CAT 2009 examinations was turned down by the High Court last week. Delhi-based law firm Desai and Diwanji is representing the students in the case.
“There were around 40,000 students who were affected by the way CAT 2009 was managed. But, only 10,000 students were allowed to re-appear for the exams,” the student said.
Although 241,000 registered for CAT 2009, 217,000 students could take the test. The examinations, slated from November 28 to December 7, were extended for a day. Later, 10,000 students, who could not take the test due to technical glitches, were allowed to sit for the exams on January 30-31, 2010.
The exam was conducted at 361 testing labs at 104 locations across 32 cities in India. To secure 17,000 computer facilities, the existing network of computers within the colleges selected, as testing centres were utilised.
“Our issue largely revolves around the lack of transparency in the markings and lack of access to details on the test papers. We did file right to information applications as well, but to no avail. Prometric has been giving everyone a standard computerised answer,” said another student.
The students have launched a website, www.protestagainstcat2009.org, to garner support from future CAT students and parents. “We are revamping the website and plan to have support from around 500 students, so that our case becomes stronger and we can represent it better,” he said.
Earlier, in January this year, a CAT candidate filed a writ petition in the Karnataka High Court, asking for the cancellation of online CAT 2009 and re-introduce the written format. The case is still pending in the Karnataka High Court.

           

Saturday, April 3, 2010

IIMs blame NIIT for CAT fiasco

The NIIT, the Indian software giant which designed the infrastructural system of online CAT, is now being criticized by the Indian Institutes of Management (IIMs) for the technical faults in Common Admission Test (CAT) 2009. However, the blame was initially put upon the U.S.-firm Prometric, which designed the module for the online CAT.



After studying the various details submitted by Prometric, the Chairmen revealed that the technical faults occurred due to the problems in the local area network (LAN) which was was under the NIIT's responsibility. Furthermore, IIMs had cleared Prometric to give it clean chit to carry on conducting the test. According to an official, if the directors agree with the suggestions of the admission chairmen, the CAT will be conducted by Prometric while the other regulating partner, NIIT, may not be looked for contract further.

The Common Admission Test (CAT) 2009 was conducted in two stages. After the first stage, the problem was generated due to the virus attack, according to the presentation put by the firm to the IIMs. It was a major setback to the IIMs. As a result, the IIM directors will discuss in a meeting, which is scheduled in April 2010, the recommendations made by the admission chairmen. The major point of discussion will be to decide the final conductor of CAT exam this year.

Source: testfunda.com

Thursday, March 25, 2010

Management lesson for every salaried person

A butcher watching over his shop is really surprised when he sees a dog coming inside the shop. He shoos him away. But later, the dog is back again.
So, he goes over to the dog and notices' it has a note in its mouth. He takes the note and it reads, "Can I have 12 sausages and a leg of lamb, please."

The dog has money in its mouth, as well. The butcher looks inside and, low and behold, there is a $10 note there. So he takes the money and puts the sausages and lamb in a bag, placing it in the dog's mouth. The butcher is so impressed, and since it's about closing time, he decides to shut the shop and follow the dog. So off he goes.

The dog is walking down the street, when it comes to a level crossing the dog puts down the bag, jumps up and presses the button.

Then it waits patiently, bag in mouth, for the lights to turn. They do, and it walks across the road, with the butcher following him all the way.

The dog then comes to a bus stop, and starts looking at the timetable. The butcher is in awe as the dog stops a bus by pulling its left leg up and gets in it. The butcher follows the dog into the bus.

The dog then shows a ticket, which is tied to its belt to the bus conductor. The butcher is nearly fainting at this sight, so are the other passengers in the bus.

The dog then sits near the driver's seat looking outside waiting for the bus stop to come. As soon as the stop is in sight, the dog stands and wags its tail to inform the conductor.

Then, without waiting for the bus to stop completely, it jumps out of the bus and runs to a house very close to the stop. It opens the big iron gate and rushes inside towards the door.

As it approaches the wooden door, the dog suddenly changes its mind and heads towards the garden. It goes to the window, and beats its head against it several times, walks back, jumps off, and waits at the door.

The butcher watches as a big guy opens the door, and starts abusing the dog, kicking him and punching him, and swearing at him.

The butcher surprised with this, runs up, and stops the guy. "What in heaven's name are you doing? The dog is a genius. He could be on TV, for the life of me!" to which the guy responds: "You call this clever? This is the second time this week that this stupid dog's forgotten his key."

Moral of the story...

You may continue to exceed onlookers' expectations but shall always fall short of the bosses' expectations.

Source: testfunda.com

IIM-R to tie up with US-based business school

“The Kelley School is partnering with IIM Rohtak (IIM-R)and its dean has already visited the site. This would be a strategic partnership for student and faculty exchange, joint curriculum designing and research. It would be a partnership on the same lines as IIM Ahmedabad (IIM-A) has with Harvard University,” said Deepender Hooda, MP from Rohtak, and son of Chief Minister Bhupinder Singh Hooda. Incidentally, Deepender himself graduated from Kelley.
IIM Lucknow (IIM-L), which is mentoring IIM-R, has confirmed that the first semester classes will begin from July and end in September.
“Kelley school’s dean visited Rohtak and talks are on. But all of this will happen once a full-time director and faculty are in place. However, on an immediate basis, we have to start with the programme and other short courses,” corroborated IIM-L Director Devi Singh.
In August last year, the government approved setting up four IIMs at Tiruchirapalli (Tamil Nadu), Ranchi (Jharkhand), Raipur (Chhattishargh) and Rohtak (Haryana) in 2009-10, which would become functional from the academic session 2010-11. The Post-Graduate Programme (PGP) in Management would be the flagship programme with an intake of 140 students though in the first year several executive programmes including those in the public policy domain focusing on civic and municipal services would be started. The projected Eleventh Plan outlay for each of the four IIMs to be established during 2009-10 is Rs 166 crore.
In the second phase, the rest of three IIMs are to be set up in Jammu and Kashmir, Uttarakhand and Rajasthan in 2010-11. The intake of students would be 560 per year after the second phase.
Singh said the Kelley School had shown interest and a dialogue between the directors was on.
The construction of the 170-acre IIM-R campus is on, but for the time being, classes will be held in Maharshi Dayanand University, Rohtak, according to a memorandum of understanding signed between the two institutes.

Source: Business Standard
From :testfunda.com

CAT scores are correct: Prometric

AHMEDABAD: The only tool in the hands of some of the candidates of Common Admission Test (CAT) 2009, in the form of the RTI Act, has also become ineffective. The candidates who wanted to know the break up of their raw scores and were asked to knock the Prometric’s door by the Indian Institute of Management, Ahmedabad (IIM-A) are now disappointed.

The reply they have received from Prometric says, “We have carefully reviewed your responses, rechecked your scores and have found them to be absolutely correct. You will be happy to note that they are exactly the same as reported to you on www.catiim.in. To safeguard certain information which is proprietary to Prometric and IIM and to ensure the integrity and security of CAT, it will not be possible for us to disclose the additional information that you are requesting for.”

A letter from CAT Candidate Care Support, Prometric Testing Private Limited, says, “You will understand that the purpose of the test is to assess a candidate’s aptitude and skill in a domain. Public disclosure of the questions, its contents, answer keys and specific scoring procedures for each candidate compromise validity and subsequent use of the questions.”

“I had asked a set of questions that have been unanswered till now. I have spoken to the concerned authorities at IIM-A and then approached Prometric, like I was asked. After close to eight days of waiting, I still stand at the same point from where I had started,” said one of the candidates who has received this reply. The other CAT 2009 candidates who had written to Prometric have received the same letter in answer.

Source: business Standard

Tuesday, March 23, 2010

B-schools gear up to prevent faculty from switching loyalties

The likelihood of losing teaching staff members to foreign institutions has put Indian management schools on high alert.
Indian management schools are not leaving anything to chance when foreign universities eventually get permission to set up campuses in the country.
The Cabinet recently approved the Foreign Educational Institutions (Regulation of Entry and Operations, Maintenance of Quality and Prevention of Commercialisation) Bill, and Parliament, too, is expected to give its sanction to the Bill.
B-schools, on their part, are leafing through every known book for ideas to retain faculty members since they are reeling under a faculty crunch. The steps include offering research grants, planning more collaborations, and even offering higher remuneration packages.
The Indian Institute of Management (IIM) Lucknow has, for instance, decided to demarcate funds worth several crores as research grants for its faculty. "I firmly believe that most academically-oriented people looking at a career in education are not only fascinated by money. If it was so, they could have easily moved to the corporate sector, where PhDs are keenly sought after. These are individuals who are willing to look at a smaller compensation package, so long their interest in research, and educating others are fulfiled.
“So if we get our act together and inculcate an atmosphere of innovation and research across campuses in India, I believe that in longer run, we will win hands down. Better facilities, more sops for research and ingraining a "research-orientation" in faculty are the steps to take this forward. In fact, we at IIM Lucknow have decided to demarcate funds to the tune of several crores to be offered as research grants for our faculty and fellowship programme participants. We also offer the highest stipend to our students of PhD Program,” says Devi Singh, director, IIM Lucknow.
Singh believes Indian universities may face dilution of their standards as teachers might get attracted to the large salaries offered by the foreign universities. But this will be reality in the short term. “After a year or two, it will be a question of availability of funds for research and development, focus on academia, curriculum, etc of the institutes in question.
Similarly, IIM Kozhikode has its own plans to compete with foreign universities. “We will improve our standards and globalise our curriculum. Foreign universities are welcome to bring healthy competition to the country. As far as faculty strength is concerned, we are already adequate in numbers,” says Debashish Chatterjee, director of IIM-K.
Management Development Institute (MDI) Gurgaon is scouting for more collaborations for faculty exchange and has also restructured its research policy to encourage its faculty.
"MDI is already working on faculty exchange and has restructured its entire research policy which encourages faculty members to do high quality research and publications. We also take pride in our HR policies and service rules. Besides, MDI has done a number of tie-ups with top universities across the globe for student exchange, faculty exchange, collaborative researches, conferences and programmes and is looking at more such collaborations which would open a lot of opportunities for the faculty,” says B S Sahay, director, MDI, Gurgaon.
Sahay suggests the government should put strict parameters in place while selecting the foreign universities that choose to come to India. “In India, we have seen competition from foreign brands in different sectors like IT, automobile, telecom, FMCG, among others and the education sector too will be prepared to take up the challenge. We welcome the Government's decision to allow foreign universities to set their campuses in India. However strict parameters should be set for selecting the foreign educational institutes to ensure that only the best be allowed. This will encourage Indian educational institutes to gear up for enhancing the quality of delivery, quality of content and academic rigor so as to be at par with the best foreign institutions,” Sahay says.
While there are others who have already put their act together to ensure their faculty stays even if a foreign university comes up in the near future. “Since we were already aware of the bill pending for the past four years, and the developments and changes it would bring along in the education scenario, we have already developed our infrastructure and teaching methodology to match the standards. We have more than 20 senior faculties from American and European Universities teaching at our campus and are looking forward to having more of international faculty and students at our campus in times to come. We are already offering them packages and infrastructure at par with the international universities. We are also in talks with a number of universities for tie-ups for joint university programs,” says PK Gupta, chancellor, Sharda University
Singh is, however, hopeful the lure of higher salaries will not attract IIM Lucknow’s faculty to foreign universities. “Initial euphoria about great salaries and the charm to be associated with a recognised global name, may interest a few faculty members. But most of our faculty would be more than willing to forego the charms of the unknown for the atmosphere and facilities of IIM Lucknow. The focus at is not the number of courses you teach or the number of management development programmes you take or the hours you teach per day but on the holistic development of the faculty member where he is given ample scope to network with his peers, participate in and create seminars and programmes, undertake research activities, create case studies. So I am not really expecting any impact on us.”


Source: TestFunda.com
To read more Click Here

Thursday, March 18, 2010

Compete and survive

i really liked tis article and i thought mayb i should put it up for reads for all my frends!!!!


The opening up of Indian higher education to foreign competition by allowing foreign universities to start campuses in India has the potential to have the same impact as the post-1991 opening up had on the overall economy. A final assessment of the move has to await the enactment of the legislation and the shape it eventually takes. The best case scenario is global best practices coming in and forcing Indian higher education to reform in the face of competition. The worst case scenario is second-class institutions coming in and that too only in areas with good revenue potential, taking away some of the good teachers from leading national institutions and eventually having little impact on the overall scene in terms of quality or quantity (seats). Some of the leading institutions in the world have indicated that they are in no hurry to come, but this is just the beginning of a long process and the attractiveness of India as a market for higher education and catchment area for good students will only grow over time.The conflicting perception of what the government move portends is best highlighted by the views of two IIM Ahmedabad directors, the current incumbent sounding pessimistic and the former sounding optimistic on the assumption that the government will now do what needs doing and thereby set the ground for positive results. The pessimism stems from the feeling that the best national institutions will be locked in an unequal combat. They have neither the autonomy to do what needs doing nor the resources to retain the best teachers. In short, Indian institutions need a level playing field to effectively compete with foreign institutions. They must get it. There is a lot of hope in HRD Minister Kapil Sibal allowing extensive functional autonomy, but the issue is, ministers will come and go and an institutional mechanism needs to be put in place to ensure that the politician-bureaucrat nexus does not claw back what it has had to give up at one stage.

The issue of resources can be more difficult to resolve. To get good teachers, the best institutions which already have substantial vacancies, will have to pay better. As the government’s ability to keep footing a rising deficit is limited, higher fees should not lead to some of the brightest youngsters being unable to afford the best education. There are two solutions to this. One, raise fees but increase the scope of assistance and cheap educational loans so that the system becomes more or less means-blind. Two, improve the academic atmosphere, particularly for research, as that, as much as good pay, attracts the best teaching talent. This is squarely in the court of the institutions’ leadership. The IIM-A director also feels that having to live with quotas in intakes places Indian institutions at a disadvantage. Yes and no. The foreign institutions will be no different from domestic private unaided ones, which also do not have to abide by quotas. Besides, it can be argued that quotas do not automatically imply a handicap. The IITs and IIMs have to live down the criticism, made more often against the IIMs, that they produce the best because they take in the best, with little value addition by them. The best teachers are those who create the best out of the second best.

Source: testfunda.com
to read original click here

Wednesday, March 17, 2010

IIM-B final placements close in just five days

Providing a strong indication of a positive sentiment for the economy, the final placements season at the Indian Institute of Management Bangalore (IIM-B) was closed in just five days — half the time the institute took to place students last year. The highlight of the process was that 90 students accepted offers in slot zero (generally the first day) — a 41 per cent increase over the previous year.
Slot zero is the most coveted slot given to recruiters, usually investment banks and consultancies. Over 120 companies came to IIM-B this year for a batch of 270 students. Like last year, banking and financial services companies were at the top of students’ preference, with 27 per cent choosing to work with them. Consulting was the second, with 22 per cent, followed by IT & Systems (20 per cent), marketing (12 per cent) and general management (9 per cent). The rest was accounted for by private equity, healthcare, energy and public-sector units.
IT companies were the surprise package this year. About 50 students accepted offers from these companies. This is understood to be nearly double the number of acceptances last year. Wipro, HCL, MindTree, IBM and Cognizant were among the prominent recruiters. Wipro is said to have made eight offers, while HCL made 5 offers. “After a lull in the sector last year, IT companies have come back with renewed hiring requirements. They have offered good salaries to students in roles like consulting and sales and marketing,” said Sapna Agarwal, head of career development services at IIM-B.
Consulting firm Deloitte made 10 offers, the highest in IIM-B, followed by McKinsey and Boston Consulting Group, who made nine offers each. Some other slot-zero recruiters this year were Bain & Co, Booz & Co, AT Kearney, Diamond Consulting, Alvarez & Marsal, Nomura and Temasek Holdings. P&G, ITC and American Express made six offers each. There were 15 new companies, including healthcare group Narayana Hrudayalaya, which offered senior level positions to six students, on the campus this year. The institute refused to comment on salaries, but it is learnt that there was an increase of 10-20 per cent in average salaries across sectors. Seventy-two students had received pre-placement offers from the companies they interned with.
Lateral placements, for which only students with over 22 months of work experience are eligible, saw a total of 66 offers, compared to 50 offers last year. There were 30 companies in the lateral placements this year.
Praveen, one of the members of the student placement committee, said nearly 10 companies that had not hired last year returned to the campus. The institute had a provision in place this year to refund fees of students who took up jobs with non-government organisations for three years, but officials said they were yet to get a confirmation on this from one or two students who were interested.

Source: business standard

Saturday, March 6, 2010

Still, no end to CAT trouble...

I found this article for students who have lost faith in the CAT exam conducted this year...

MUMBAI & AHMEDABAD: The trouble with the Common Admission Test (CAT) refuses to die down. Ever since CAT results were declared on February 28, and the IIMs shortlisted the aspirants, several candidates and CAT trainers are questioning the methodology by which the results were arrived at.

Click here to read further.
Source: Testfunda.com

Friday, March 5, 2010

IIMs and Prometric declare CAT '09 Development and Scoring

God save thje students from this CAT mess...y are they now giving us a document stating the marking scheme... honestly im tired of the whole thing...

IIMs and Prometric declare CAT '09 Development and Scoring

The CAT test development process was conducted in alignment with the Standards for Educational and Psychological Testing. The exam was designed with three sections: (1) Verbal Ability, (2) Quantitative Ability, and (3) Data Interpretation and Logical Reasoning. These three sections are consistent with the knowledge domains historically assessed by the IIM and are also aligned with the content areas covered in equivalent global admission examinations that measure performance along similar scales.
Content of the examination was developed and confirmed by individuals with high levels of expertise in each of three content domains (Verbal, Quantitative, and Data Interpretation). Post-administration analysis was conducted by credentialed psychometricians to confirm the validity of the examination scores and to ensure that every candidate was provided a fair and equal opportunity to display their knowledge.

Scoring

Prometric employed an industry-standard, psychometrically-sound approach to the scoring process for all IIM candidates. The three-step process is outlined here and is supported by the Standards for Educational and Psychological Testing and the ETS Standards for Quality and Fairness.
Step 1: Raw Score is Calculated
Your raw scores are calculated for each section based on the number of questions you answered correctly, incorrectly, or that you omitted.

Correct X Incorrect Answer 0 Omitted
+ 3 points for questions you answered correctly -1 Points for questions answered correctly 0 points subtracted for questions you did not answer

This scoring methodology ensures that candidates are only awarded points for what they know. Candidates are not awarded inappropriate points for random guessing. This is a standard process in the testing industry and is a methodology employed in scoring similar admissions tests such as the Graduate Record Examination (GRE).
Step 2: Raw Score is "Equated"
Equating is a statistical process used to adjust scores on two or more alternate forms of an assessment so that the scores may be used interchangeably. Industry standard processes were used for equating, such as those outlined within the ETS Standards for Quality and Fairness.
Step3: Equated Raw Score is "Scaled"
In order to ensure appropriate interpretation of an equated raw score, the scores must be placed on a common scale or metric. A linear transformation was used for this scaling process, which is an industry standard practice (Kolen & Brennan, 2004).
The IIM scaling model is as follows:

Section Scores = 0 to 150                          Total Exam Score = 0 to 450
Four scaled scores are presented for each candidate: an overall scaled score and three separate scaled scores for each section. As the three sections evaluate three distinct sets of knowledge and skills, scores do not correlate across sections. A high score in one section does not guarantee a high score in another section. Percentile rankings are provided for each individual section as well as for the overall exam score.
About Test Difficulty
The CAT exam was developed to accurately identify top performing candidates and that design makes use of a scaled score range of 0-450. In order to appropriately identify the top performing candidates, the CAT exam was, by design, very difficult. As would be expected with the more difficult CAT exam, no candidate answered 100% of the items correctly and no candidate achieved the top theoretical score. The exam design accomplished the goal of identifying the top performing candidates who were, indeed, ranked at the top of the list. If the exam were designed to be substantially easier, it would be theoretically possible for a candidate to achieve a score of 450. However, an exam constructed to be that easy would not serve the distinct purposes of the IIM.

TO read further, go to the Official Catiim Website.
Source: testfunda.com



Thursday, March 4, 2010

Class X score will matter in IIM admission

 I read this article thought it would be lots of help....
Class X score will matter in IIM admission
KOLKATA: A good percentile in CAT 2009 and an impressive performance in group discussion and personal interview may not be enough to get you into the IIMs as they have added a new criteria from this year: Your scores in matriculation, higher secondary and graduation.

For instance, IIM-Calcutta is taking into account work experience and grades in these three examinations while screening candidates for GD and interview for selection to the postgraduate diploma in computer management course.

"Out of 100 marks, 75 have been allotted to the CAT score, 10 each for Class X and HS scores, and the remaining five marks for work experience," said an IIM-C official. Candidates scoring 95% in Class X and HS will get the full 10 marks, while those getting over 90% eight marks each. Those getting 85-90% will get six marks, 80-85% four marks. 
 
Source: Testfunda.com  
To read article Click Here

Can I dream about an IIM

Ive seen the newest IIM K shortlisting criteria..and honestly this year onwards i think the transparency that the IIMs have come up with in their selection process is a result of the ghotala called CAT...

IIM Kozhikode has released its GDPI shortlist.
Candidates can check the list by entering their date of birth and registration number on the official website - http://iimk.ac.in/admission/cat09/GDPILogin.php

Criteria for short listing - PGP Admissions 2010

The selection to the PGP programme of IIM Kozhikode is a multi stage process which starts with the Common Admission Test (CAT). The following describes the procedure used for short listing and further selection of candidates for the 2010 batch. To begin with, candidates meeting with the minimum cut off in each section as well as in the aggregate are selected to form an initial pool. From this pool, an index score is computed with 50 percent weight for the overall CAT score, 20 percent weight for academic performance in secondary school, 20 percent weight for higher secondary school and 10 percent weight for the work experience of the candidate. Based on this index, candidates are called for Group Discussion and Interview as per the details below:

Stage1
The first stage of short listing of candidates based on their overall CAT scores. We will consider all the candidates meeting the minimum cut off and create a pool from which further short listing will be done.

Stage2
In stage 2, an index score is computed with 50 percent weight for the overall CAT score, 20 percent weight for academic performance in secondary school, 20 percent weight for higher secondary school and 10 percent weight for the work experience of the candidate. The academic performance is taken as the percentage of marks reported by the candidates and will be standardised across the boards using the data available with IIMK for four years including the current year. In each category, the top ranking candidates based on this index score is called for further process. The short listed candidates are requested to register at our website and complete the personal profile form online.

Source: Testfunda.com
to read the article Click Here

Samay se pahle aur bhagya se jyaada kisi ko kuch nahi milta!

Are we happy with the new GD criteria... i think its a waste so much transparency if  was should in evaluating our CAT sheets would have been better...

I have an article id like to share... do read it!!!

IIM Ahmedabad CAT 2009 GDPI Shortlisting Criteria
IIM Ahmedabad has released its GDPI shortlisting criteria for admission tothe batch 2010-12 using CAT 2009 scores.

Our Institutional Profile stated the following:
“A non-overseas category candidate who does not belong to the SC/ST/DA or NC-OBC
categories should have scored at least 25% in each of the three sections of CAT and at least
33% in aggregate. A non-overseas category candidate who belongs to the NC-OBC category
should have scored at least 20% in each of the three sections of CAT and at least 30% in
aggregate. A non-overseas category candidate who belongs to the SC/ST/DA categories should
have scored at least 17% in each of the three sections of CAT and at least 25% in aggregate.”

In our process, we first selected 71904 General candidates, 11407 NCOBC candidates, 7526 SC
candidates, 1822 ST candidates, and 396 DA candidates who satisfied these criteria. These
candidates were considered for short-listing. Among them, the following candidates have
been shortlisted for Personal Interviews:

General Category candidates: 562 candidates whose percentiles in each section were 96.1
and above, and who had an overall percentile of 99 and had 70% and above in 10th and 12th
Standard were considered for personal interview.

NC-OBC Category Candidates: 200 NC-OBC candidates whose percentiles in each section were
89 and above and who had an overall percentile of 94 were considered for personal interview.

SC Category Candidates: 114 SC candidates whose percentiles in each section were 80 and
above and who had an overall percentile of 85 were considered for personal interview.

ST Category Candidates: 53 ST candidates whose percentiles in each section were 67 and
above and who had an overall percentile of 80 were considered for personal interview.

DA Category Candidates: 31 DA candidates whose percentiles in each section were 67 and
above and who had an overall percentile of 80 were considered for personal interview.




Source: testfunda.com
U could read the entire article Click here

Monday, January 4, 2010

NMAT and its info....

I am also planning to give the NMAT...Narsee Monjee Management Aptitude Test (NMAT) is an important pre-requisite for admission to the Post-graduate Management Programmes of Narsee Monjee Institute of Management Studies (NMIMS), Mumbai. NMAT (effective from 2010) is now an online admission test conducted in India and abroad during a predetermined 10 days period.

The three sections tested are:
Quantitative Ability, Language Skills and Logical Reasoning.
There will be 0.25 marks deducted for every incorrect answer.
The NMAT paper is designed by the AIMA – the same body that conducts the MAT – so there may be many similarities between the two papers. This includes pattern as well as content.

for more details stay tuned..
Ive chosen the 6th feb slot so ill give u guys my feedback on the NMAT then

Friday, January 1, 2010

XAT details

Im not taking the XAT exam but i have alot of information about the exam which can help u guys...

XLRI (Xavier Labour Relations Institute) Admission Test or XAT also known as the Xavier's Admission Test is a National level exam conducted by XLRI (Xavier Labour Relations Institute) to select the most appropriate students for management education. It is on the basis of XAT result that the eligible candidates are short listed and called for Personal Interview and/or Group Discussion. There are more than 60 Management Institutes who are selecting students from XAT 2010.

XAT has multiple sections, to evaluate candidate's quantitative, qualitative, verbal, data interpretive and decision making abilities.
XAT paper can generally be segregated into three main sections commonly known as:
  • English
  • Reasoning & Quantitative Aptitude
  • General Awareness
there are alot of my friends who have taken free tests on testfunda.com and they have benefitted.


Click here and you can view the free XAT tests too 

Tuesday, December 29, 2009

Math games...

Im so excited t ohave found this new game where in i can play and practise my maths... quants has always been my weak area and i have found new innovative ways to concentrate and work on the math secction...

I really like the quizzes and now im addicted to the games i found on the site...

its called number tetris its a really cool game where one can play and sharpen their mathematical skills...there are various rounds which concentrate on multiplication division... and u need to be fast else u will loose...

Im so glad i found these games on testfunda.com coz now i look at all these numbers and i dont get scared... earlier the more no.s i saw the more scared id get of the sum and end up making stupid silly mistakes..

u can click here and view the games!

Saturday, December 26, 2009

The Next Business Opportunity - Water Conservation

In the current world, the demand for water is fast outstripping supply. Experts have long been of the opinion that the next major war will be fought not over oil but over water. For example, in 2004, Pepsi and Coke were forced to close down plants that were seen by local farmers and authorities as depleting the water table.

Similar challenges are likely to pop up in the future. With growing populations and economies, the pressure on water sources is increasing. Pollution from industries, agricultural runoff containing pesticides and other pollutants is affecting the water available. Changes in climate will only worsen the problem, and companies in each sector will have to figure out how to do more with less. The upgrade in technology needed to cover the gap in demand and supply of fresh water - recycling, desalination and a number of other technology advancements will cost in the region of $50 to $60 billion annually for the next two decades, meaning an opportunity of over $1 trillion.

The large chunk of this spending will be from governments, but private industry will account for at least 40% of the expenditure. The investments are expected to yield returns on expenditure in as little as three years. For this, policy makers recognize that certain technologies developed by private industry are critical to manage water supply effectively.

In the last five years, a growing number of progressive private-sector companies have been increasingly making their presence felt in the area of water conservation. As they develop new technologies for water-related processes, they have also started to influence the process of water regulation to ensure positive support for developing sustainable technology in the field.

One group of companies, led by Nestle, are showing that they have a role to play in developing a sustainable model for water utilisation and in helping formulate policy for the same. A second group is focusing on technology to get more output per drop of water. With the green revolution pushing up agricultural productivity, the incremental increases in productivity of agriculture are vital, considering that agriculture accounts for 80% of water requirements. Companies working in these areas include those developing biotechnology and GM crops.

This is one team. The second is working on developing better waste treatment and water treatment, which includes waste-water recycling and desalination technologies. Theory shows that water desalination can be achieved by using only a fourth of the energy currently required. The move towards improving the technology to reach this goal is critical. The third team comprises of companies which provide users with just-in-time and just-what-is-needed information. This helps regulate the requirement for water, energy and provides higher efficiencies, thus generating more per drop.

All these efforts are slowly being knitted together into policy frameworks, leading to a consolidated effort. Though not fully operational yet, the framework will soon streamline water utilization and conservation efforts. Progressive business leaders with their positive approach to the situation are helping shape solutions and policy for the benefit of all. This will lead to a better future for all, private enterprise and the public combined. 

Source: testfunda.com


Friday, December 25, 2009

Christmas in Mumbai...

 Chirstmas in Mumbai is a wonderful feeling... its pure bliss..today i went all over Mumbai to see what all was happening... marine drive had all its five stars decorated where as every corner in bandra projected the Christmas spirit... all the churches were soo prettily done up.....













































me and my friends went to a church and then over to friends house for some cake...
in the middle of so much fun a friend just randomly said next month around the same time we will have our FMS exam.... that jus ruined it for me...
i was havin a good time and then came this whole gush of guilt fear and tension....
im going to start studying from tomorrow...