Wednesday, September 26, 2012

Top 10 Engineering Colleges in India

1. Indian Institute of Technology IIT Kanpur
2. Indian Institute of Technology IIT Kharagpur
3. Indian Institute of Technology IIT Bombay
4. Indian Institute of Technology IIT Madras
5. Indian Institute of Technology IIT Delhi
6. BITS Pilani
7. IIT Roorkee
8. IT-BHU
9. IIT-Guwahati
10. College of Engg , Anna University, Guindy

Top 25 MBA Colleges in India

RANK
NAME OF THE INSTITUTE
PLACE
1
INDIAN INSTITUTE OF MANAGEMENT
AHMEDABAD
2
INDIAN INSTITUTE OF MANAGEMENT
BANGALORE
3
Indian Institute of Management
Kolkata
4
Indian Institute of Management
Kozhikode
5
Indian Institute of Management
Indore
6
Indian Institute of Management
Lucknow
7
Xavier Labour Research Institute (XLRI)
Jamshedpur
8
Faculty of Management Studies, Delhi University (FMS)
New Delhi
9
Jamnalal Bajaj Institute of Management Studies
Mumbai
10
Narsee Monjee Institute of Management Studies
Mumbai
11
SP Jain Institute of Management & Research
dMumbai
12
Institute of Management Technology
Ghaziabad
13
Management Development Institute
Gurgaon
14
Xavier Institute of Management
Bhubaneshwar
15
International Management Institute
New Delhi
16
FORE School of Management
New Delhi
17
Symbiosis Institute of Business Management
Pune
18
Symbiosis Centre for Management and HRD
Pune
19
Indian Institute of Forest Management
Bhopal
20
Indian Institute of Foreign Trade
New Delhi
21
Tata Institute of Social Sciences
Mumbai
22
Institute of Rural Management
Anand (Gujarat)
23
Mudra Institute of Communications
Ahmedabad
24
National Institute of Fashion Technology
New Delhi
25
Bharatidasan Institute of Management
Tituchirapalli

Thursday, March 15, 2012

INDUSTRY INTEGRATION - A NEW CONCEPT IN BUSINESS EDUCATION


One of the main objective of pursuing MBA program as indicated by many MBA aspirants is to earn a more lucrative salary as against pursuing other post-graduate programs. After completing two-year MBA program in a college/business school or University the student looks for a job in some organization or industry. But the organization or industry prefers the students with industry exposure or industry experience. Thus the student is at a disadvantage because of the non-availability of any exposure or experience because in the program curriculum there is hardly any provision of the industry exposure during the two years of class room teaching except industry exposure for an insignifcant period for not more than two months

In order to get over this problem some institutions/ universities have devised a novel course designs keeping in view the following distinct industry requirements;

- Conceptual knowledge,
- Skill development
- Industry exposure/experience

Industry integration is the unique aspect of these programs which not only differentiates this program from the others but beneficial to students and industry. The concept is different from traditional education.

In traditional management qualification of undergraduate or postgraduate level the typical set up would consist of a regular college having infrastructure and facilities. There will be class room teaching as per the curriculum What is lacking in a traditional set up is a limited industry interface of  merely two months summer training in industry. In undergoing this program the industry felt that the students coming out after completing this traditional program, lack in understanding of work culture and they take lot of time to adjust to their new surrounding at the work place. The industry, in the meanwhile, had to train them involving high costs in term of time, resources and money. This led to new recruit’s performance peaking at a much later stage, resulting in dissatisfaction at both the employer and employee’s level.

To fill the gap between the industry’s requirement and the educational system‘s offerings the new  Industry Integrated pattern has been brought forward.The methodoly  used in this concept allows the students to actually experience real industrial environment while they pursue their class room studies. Thus students learn theoretical concepts of business and receive practical exposure in the real business environment. The net result  is a perfect integration of class room learning with the workplace performance leading to roughly two and half year years experience in case of Undergraduates program and one and half years experience  in case of Postgraduate programs.

The methodology of Industry Integrated program differs from the traditional programs. The program blends “industry Exposure “with “Academic  Knowledge” Through this program, the student undergoes on-the Job Training  from second or third semester to fourth semester for MBA program and from third semester to eighth semester for BBA program. Alternatively after learning basic management concepts for two days a week he takes up training in the industry of desired specialization for three to four days a week as a regular employee under the guidance of internal guide from the Business School and an external guide from the industry. In this system he is able to apply class-room knowledge at his work place and can discuss work place situations with other students and can also seek solutions of the same with his faculty. MBA/BBA industry integrated program also contributes to professional practice and personal development of the students and lays the foundation for them to play a strategic role within the organization. During the pursuance of the program the students get to understand their skill-set, learn industry working methods and accommodate the expectations of the industry.

It is a win-win situation for both the students as well as the industry. When a student approaches the industry with a degree either MBA or BBA with relevant industry experience, he gets preference over the student without industry experience. He is in a position to demand higher salary leading to faster growth and achievement s of personal and organizational objectives It is a win-win situation for the organization  also as organizations receive  a management qualified , trained and experienced candidate who require a little or negligible time to settle in the job. He will start giving outputs or contribution to the organization much faster or almost instantaneously thus achieving departmental or organizational objectives.

Guru-Gram Business School is one institution amongst others imparting industry integrated MBA/BBA programs and that is what makes it different from other institutions in the country.

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Tuesday, February 21, 2012

Why study MBA?


Every year, over 100,000 students choose to study an MBA (Masters of Business Administration). For some, it’s a basic pre-requisite to get into their chosen career. For others, it’s the best way to make sure they stand out in a difficult job market.

Many of you will commit to an MBA because you know it’s a quick step up the salary ladder. MBA graduates do make more money, right from the start

Various reasons for which a student chooses an MBA can be addressed as follows;

MBA can boost your career prospects by giving you:
confidence to operate across all areas of business
enhanced capabilities to lead, think and act strategically
insight into your leadership style and your strengths and limitations
the ability to apply knowledge to your own organization and many other situations
understanding of other areas of the organization
knowledge and expertise to meet the challenges of senior management
skills to continue developing and learning
help with launching your career, and an alumni network for life.

MBA can benefit your employer by:
enhancing your capabilities across a range of areas, e.g. marketing, strategic thinking, innovation and change, and people management
improving your powers of analysis with the ability to operate at a strategic level and contribute beyond your functional specialism
providing a cost-effective management development programme
allowing the flexibility to study without regular absence from the workplace
Presenting the opportunity to gain value for your organization through your dissertation or consultancy project.

The programme will also:
support you through executive coaching or mentoring, to improve your employability and develop new skills (Full-time and Executive modes only)
give you an understanding of the foundations of management and of different functional perspectives
provide you with a framework for the analysis of organizational activity and the application of learning
develop your understanding of the strategic and integrative nature of business and management
prepare you to take a holistic view of the organization and its environment
extend your leadership capabilities
broaden or deepen your knowledge through the electives and your dissertation or consultancy project
challenge you by participating in intensive international events where you are exposed to the issues facing businesses in different markets.

There are two important issues one has to decide after a decision has been made to study for an MBA degree. These issues are;
1- Which programme to go in for?

2- Where to pursue the studies?

There are many programmes available for doing MBA. These include the following;

A- A Full Time MBA
B- Distance learning MBA
C- Part-Time MBA
D- Industry Integrated MBA
E- Executive MBA


How do you decide which MBA program is right for you? 

The most important thing is to work out why you want to study an MBA in the first place. You’ll need to demonstrate a very clear vision of your future career plans in your application, so get that straight in your mind first.

Here are some questions to ask yourself:

Do you want to switch careers, or progress where you are now? 
If you need to get new skills to switch careers, choose a school that specializes in that area (for example, engineering or IT). If you want to progress in your current role, talk to your firm about sponsoring your study, based on your commitment to them.

Do you want to keep working while you study?
Look at online or distance learning options, or flexible part-time modules.

What’s more important to you – a big pay-rise when you graduate, or international experience? 
You can find out the average starting salaries of each school’s graduates. And if you’re looking for international experience, online learning may not be the best option. You’ll want to travel to meet your fellow students!
         
Is there a particular company you want to work for? 
Look at where they recruit from – it will narrow your choice of school considerably.

The choice is yours

A full-time MBA is still by far the most popular program. MBA programs tend to be rigorous – lots of group work, case studies and assignments. It can be hard to juggle those around full-time work and family commitments. This is 2-year programme to be completed in 4-half yearly semesters or 6- trimesters covering about 22-25 subjects in 2 years. In the last year the student can any one or two specializations from the following important specializations;

a- Sales and Marketing Management
b- Human Resource Management
c- Financial Management including banking
d- Information Technology
e- International Business
f- Retail Management
g- Production and Operation Management.


Distance learning or online MBAs are growing in popularity, as students can continue working while they study. As MBA students tend to be older, they also often have family commitments that make it harder to travel abroad. But you should look for a distance learning program that offers some residential opportunities, so you can meet and network with your fellow students.

There are also plenty of many other affordable MBA options. 

Part-time MBA many institutes and universities offering part time courses leading to MBA degree. The timings may either evenings or only on Saturdays or Sundays. This is suitable only for those students who are either working and there is a restraint on timings or those who can’t get admission in regular programme for any reason.

Industry Integrated MBA
Many Universities / Institutions have introduced Master of Business Administration ( Industry Integrated) post graduate programme . This is a powerful and challenging course and is a well balanced and optimum blend of class room teaching and industry experience. In this programme the students study the basic management subjects in the class room for the first year, and in the second year they undergo on-job-training for the second year, thereby gaining  experience and understanding the  principles of management in actual practice. This blend makes the student most-sought after in industry

Executive MBA
This programme is most suitable for those students who are employed and cannot afford to leave the job but at the same time want to increase their knowledge and hone their business skills. These programmes are mostly sponsored by the organization. And the course curriculum is tailor made to suite needs of the organization.

The other issue to be considered is from which management /business school. We should pursue MBA. The following is a list of some important points to consider in the selection of a business school;

Career Placement Record
Return on Investment
Quality of Academic Staff
School Reputation
Profile of Students / Alumni
School Specializations
Recent School Ranking
Accreditation Status
Scholarships / Financial Aid
Convenience of Location
Teaching Style
Course Length
Affordability

Tags : Top Business Schools in Delhi, Best MBA Colleges in Delhi NCR

Monday, January 30, 2012

Why Industry Integrated?

Industry Integration is the unique aspect of these programmes which not only differentiates our programmes from all others but is also beneficial for students as well as the Industry. This concept is different from traditional MBA Studies.

To understand Industry Integration let us understand the TRADITIONAL Management qualification.

In traditional management qualification at under graduate or post graduate level the typical set up would consist of a regular college having infrastructure & facilities. There will be class room teaching as per the curriculum, regular test, personality development.

What is lacking in a traditional setup is Industry Interface of only two months in the form of training in an Industry and hence once the students passes out from the college and joins an Industry, he/she has almost nil or limited Industry experience, he learns on the job. While learning on the job he struggles to understand organization, procedures and application of known management concepts & only then can look forward to growth after 2 to 3 years.

On the other hand Industry has to deal with a fresh recruit who has no knowledge about the Industry apart from what he has learnt in text books. In the absence of structured induction and training department where everyone is busy with their job it takes a much longer time to train a person, make him/her comfortable and start getting output from him /her.

On the contrary in industry intregation education system a student after learning basic management concepts takes up training in an Industry of desired specialization for 3-4 days in a week as a regular employee under the guidance of an internal guide from the Institute and an External guide from the Industry. In this system he is able to apply class-room knowledge at his work place & can discuss work place situation with other students & can also seek solution of the same from his / her faculty.

The net result is a perfect integration of class room learning with the work place performance leading to a roughly 2-1/2 years experience in case of Under Graduate Programmes & 1-1/2 years of experience in case of Post Graduate Programmes.

It is a win-win situation where a graduate or post graduate does not approach Industry only with the degree or diploma but with relevant Industry experience by peeling off the fresher's tag. They are also in a position to demand higher salaries than their traditional Management qualified colleagues that leads to faster growth and achievements of personal & organization objectives.

It is a win-win situation for both as organization receives a management qualified, trained and experienced candidate who requires less or almost no time to settle in the job who would start giving output or contribution much faster or almost instantaneously while achieving department & organization objectives.

This is what makes us different from all other Institutions of the country

Tags : Top MBA Colleges, Business Schools in Delhi

Friday, December 2, 2011

How to choose the best Management Course


The most important challenge for any individual and his/her parents is to get a good and promising career and looking at the industry trends in India, management seems to be the best bet. A lot of management colleges are mushrooming everywhere as a lot of corporate is queuing up to employ good management graduates. So the most difficult question for any aspiring manager is to select a good management college. Research would tell you that while selecting a college, one should look for a good library, experienced faculty, placements and so on. But in my opinion, before short listing the college, it is important to find the most suitable course.

A lot of colleges are offering various options in the “academic package” I will like to call it a package as the colleges combine different features to attract an aspiring manager viz. free laptop, uniforms, industrial visits etc. But what we need to look in is the industry exposure in the course. As a management degree is a stepping stone to the corporate world, the industry exposure ensures that we are well equipped as managers. to join the corporate league. So a degree which gives you regular industry interaction not just in ways of seminars, but through On the job trainings would help you become future ready.

And also, managers are required to not just excel in one area but a lot more, so a degree which is offering dual specialization and exposing a person to more areas of knowledge and implementing it should be the target for the aspiring managers. 

One more thing needs to be highlighted here that with globalization the world is shrinking and the learning of application of the management concepts is not limited to a specific country but extend upto the entire globe. So, a management program offering international exposure gives you an edge over competing management professionals.

So for selecting a best MBA college, the focus should not be name, placement or faculty but the course features like industry interaction, international exposure and multi specialization. This would make you industry ready and give you a strong foothold in the corporate world.

Wednesday, November 2, 2011

QUALITY OF WORK LIFE AS HR STARTEGY – AN ANALYSIS

Today’s workforce consists of literate workers who expect more than just money from their work.

In the modern scenario, QWL as a strategy of Human Resource Management is being recognized as the ultimate key for development among all the work systems, not merely as a concession. This is integral to any organization towards its wholesome growth. This is attempted on par with strategies of Customer Relation Management.

Strategy and Tactics

Over the years, since industrial revolution, much experimentation has gone into exploiting potential of human capital in work areas either explicitly or implicitly. Thanks to the revolution in advanced technology, the imperative need to look into QWL in a new perspective is felt and deliberated upon. Major companies are tirelessly implementing this paradigm in Human Resources Development (some call it People’s Excellence).

Globalization has lowered national boundaries, creating a knowledge-based economy that spins and spans the world. Major economies are converging technologically and economically, and are highly connected at present moment. The new global workplace demands certain prerequisites such as higher order of thinking skills like abstraction system thinking and experimental inquiry, problem-solving and team work. The needs are greater in the new systems, which are participative ventures involving workers managed by so-called fictional proprietors

Men Counted

In simple terms, all the above requirements can be easily achieved by providing improved quality of work life to the workers available on rolls.  Workers are often referred to as teams or groups in general parlance and whatever they do go to the credit of the teamwork.

The concept of teamwork has evolved from the organized toil that has its own social dimensions.  Good teams can hardly be imported from outside.  They usually occur as an indigenous incidence at the workplace and nurturing the same over time is the responsibility of management.  Here, it may also be discerned that the composition of available workers in no more a local phenomenon as in the past.  Mobility is caused by migration beyond culture barriers and isolation, relocation and globalised deployment

Money Matters

For good QWL, cash is not the only answer.  Today, the workers are aware of the job requirements of job as also the fact that the performance of the same is measured against the basic goals and objectives of the organization and more importantly, wages are paid according to the larger picture specific to the industry and the employer’s place in the same.

The increased share of workers in wages and benefits through legislation as well as competitive interplay of superior managements in various fields of industry and business on extensive levels has reshaped the worker’s idea of quality of work life.  Moreover, other things being equal, the employers are increasingly vying with their rivals in providing better working conditions and emoluments

Non economic – ‘Job Security’

The changing workforce consists of literate workers who expect more than just money from their work life.  Their idea of salvation lies in the respect they obtain in the work environment, like how they are individually dealt and communicated with by other members in the team as well as the employer, what kind of work he is entrusted with, etc.  Some of these non-economic aspect are: Self respect, satisfaction, recognition, merit compensation in job allocation, incompatibility of work conditions affecting health, bullying by older peers and boss, physical constraints like distance to work, lack of flexible working hours, work-life imbalances, invasion of privacy in case of certain cultural groups and gender discrimination and drug addiction.

Teamwork

Teamwork is the new mantra of modern day people’s excellence strategy.  Today’s teams are self-propelled ones.  The modern manager has to strive at the group coherence for common cause of the project.  The ideal team has wider discretion and sense of responsibility than before as how best to go about with its business.  Here, each member can find a new sense of belonging to each other in the unit and concentrate on the group’s new responsibility towards employer’s goals.  This will boost the coziness and morale of members in the positive environment created by each other’s trust.  Positive energies, free of workplace anxiety, will garner better working results.  Involvement in teamwork deters deserters and employer need not bother himself over the detention exercises and save money on motivation and campaigns.

Boss Factor

Gone are the days when employers controlled workers by suppressing the initiative and independence by berating their brilliance and skills, by designing and entrusting arduous and monotonous jobs and offer mere sops in terms of wages and weekly off.  Trust develops when managers pay some attention to the welfare of the workers and treat them well by being honest in their relations.  The employer should keep in mind that every unpaid hour of overtime the worker spends on work is an hour less spent with the family.

Involvement and Communication

Multi-skilling and exposing workers to different lines of activity in the unit indirectly leads to the greater involvement and better job security of worker in the organization.  The employer too, can make use of the varied skills to any altered situations of restructuring and other market adaptations.  Thus, the monotony of work life can be alleviated.  The employer, armed with the depth of cross-trained human resources, need not go hunting for new talent and thus save on the unspent pay packets, which can be spent usefully on the amenities for workers.  No doubt, rivals should be envying him for this edge.

Influences

Overwork is tolerated in emerging industries unlike government departments as part of the game and work culture.  This is so, what the soaring competition among the tightly contested players.  The point is empowerment of workforce in the area of involvement. All said and done, the workers are considered as the invisible branch ambassadors and internal customers in certain industries. It is already high time the older theories of industrial relations should be unlearnt.

Tags : Management Education in India

Increase in demand for management studies in India

It has been seen that there was an immense revolution subsequent to the dawn of globalization. Since private participation was encouraged in almost all the sectors, MBA colleges have increased by manifolds. Due to increase in demand of Management professional [MBA's] by the corporate sector of India, the demand for Management Studies has increased a lot.

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