DESIGN YOUR FUTURE

Tuesday, March 23, 2010

Monday, March 15, 2010

Run down food stocks

We Need Low Prices, Not Food Mountains

AS MUCH as 10 million tonnes (MT) of wheat, half of the Food Corporation of India’s (FCI) stock of the grain, is stored in the open and runs the risk of getting spoilt. The government is expected to procure another 24 MT of a record estimated 82 MT wheat output that will start arriving in the markets in April. Mountains of grain will be built and rot, even as food prices stay stubbornly up. An article by Mr Ashok Khemka in this newspaper (ET, March 11) highlighted the problem and urged the government to liquidate the 10 MT of wheat stored in the open, before fresh procurement begins. We strongly endorse the recommendation. The buffer stocks of cereals are way too large — for wheat, five times the norm, and for rice, at 24 MT, twice the requirement. The Economic Survey 2009-10 had suggested grain should be released in small batches to a large number of traders at prices significantly below the market price, but sufficiently above the procurement price. If the selling price is close to the procurement price, traders might just buy from the FCI and sell it back to the FCI, pushing grain off the market so that retail prices would stay high. It is high time the government revamped its entire system of food management. Private trade must be permitted and encouraged to play a much larger role in the procurement, storage and distribution of grain. The government must distinguish between the minimum support price and the procurement price, and stop blanket procurement of whatever is offered. It must procure only to meet its buffer stocking norm. And it must keep retail prices in check, selling directly to consumers through the 4.5 lakh outlets of the public distribution system, and offloading a series of frequent, unpredictable and geographically-dispersed quantities to the retail and wholesale trade at below-market prices.

In the meantime, the government must start revamping the distribution of consumption subsidy. Food coupons or cash transfers to women members of the target households, as discussed in the Survey, could be explored. At any rate, we must quickly put an end to food mountains that rot or feed the rodents even as food prices soar.

Saturday, February 27, 2010

CAREER LAUNCHER B SCHOOL RANKING

MOST COVETED BSCHOOLS TO PURSUE AN MBA

The six IIMs (Indian Institute of Management) are the most aspired for and reputed institutes in India, and so are the courses offered by another dozen or so leading schools. All of them have an excellent track record in offering high quality education, and students from these institutes get the pick of corporate and management jobs directly from campus.

Pegasus's B-School Ranking

To simplify your B-school selection we have categorized India's top B- schools into eight clusters. The list of B-school in India can go on forever, however, we have tried to limit our classification to the better and more known B-schools.

Note, as you proceed from the best to the also-rans, the level of differentiation between both the schools and the clusters significantly diminishes. When reviewing B-schools within a cluster, the preference generally diminishes as you read further from top to bottom. For example, in Cluster 1, we feel that IIM-A is the best B-school in India at present, followed by Bangalore, Kolkata and so on. In certain clusters, the differentiation on the quality of the institute is specialization-driven, and the top to bottom reading is not necessarily representative.

Before taking final admission into any of these B-schools, please ensure that you speak to some students of the current batch and a few of their alumni and visit the websites of the institutes for detailed information. Apart from these premier institutes, there are several other colleges that offer an MBA degree - if you want more details, please write to us atinfo@careerlauncher.com.

Pegasus ranking methodology

The parameters on which B-schools are judged and ranked, keeping in mind what each offers the student and how these facilitate education are:

Placement records of the last three years
Infrastructure: school and learning environment
Faculty
Geographical location: proximity of B-schools to business hubs
Entrance exams applicable
Interaction with alumni
Interaction with Career Launcher students now studying at these B-schools

Career Launcher also visits these campuses as a recruiter, and the input from our HR team helps us evaluate these institutes better.

Cluster 1

B-school	Location	Link
Indian Institute of Management (IIM-A)	Ahmedabad	www.iimahd.ernet.in
Indian Institute of Management (IIM-B)	Bangalore	www.iimb.ernet.in
Indian Institute of Management (IIM-C)	Kolkata	www.iimcal.ac.in
Indian School of Business (ISB)	Hyderabad	www.isb.edu
Indian Institute of Management (IIM-L)	Lucknow	www.iiml.ac.in
Xavier Labour Research Institute (XLRI)	Jamshedpur	www.xlri.ac.in

Cluster 2

B-school	Location	Link
Indian Institute of Management (IIM-I)	Indore	www.iimidr.ac.in
Indian Institute of Management (IIM-K)	Kozhikode	www.iimk.ac.in
IIM-A Agri Business Management (ABM)	Ahmedabad	www.iimahd.ernet.in
IIM-L Agri Business Management (ABM)	Lucknow	www.iiml.ac.in
Faculty of Management Studies (FMS) - MBA & MBA - MS, Delhi University	New Delhi	www.fms.edu
SP Jain Institute of Management & Research (SPJIMR)	Mumbai	www.spjimr.org
Management Development Institute (MDI)	Gurgaon	www.mdi.ac.in
National Institue of Industrial Engineering (NITIE)	Mumbai	www.nitie.edu
Indian Institute of Foreign Trade (IIFT)	New Delhi	www.iift.edu
Jamnalal Bajaj Institute of Management Studies (JBIMS)	Mumbai	www.jbims.edu
Tata Institute of Social Sciences (TISS)	Mumbai	www.tiss.edu
Institute of Rural Management (IRMA)	Anand (Gujarat)	www.irma.ac.in
Mudra Institute of Communications Ahmedabad (MICA)	Ahmedabad	www.mica-india.net

Cluster 3

B-school	Location	Link
Indian Institute of Technology - Shailesh J. Mehta School of Management	Mumbai	www.som.iitb.ac.in
Indian Institute of Technology - Department of Management Studies	New Delhi	www.iitd.ac.in/academics/mba.html
MDI (HR)	Gurgaon	www.mdi.ac.in
Great Lakes Institute of Management (GLIM)	Chennai	www.glakes.org
Institute of Management Technology (IMT)	Ghaziabad	www.imt.edu
Symbiosis Centre for Management and HRD (SCMHRD)	Pune	www.scmhrd.edu
Symbiosis Institute of Business Management (SIBM)	Pune	www.sibm.edu
TA Pai Management Institute (TAPMI)	Manipal	www.tapmi.org
International Management Institute (IMI)	Delhi	www.imi.edu
Xavier Institute of Management (XIM)	Bhubaneshwar	www.ximb.ac.in
Narsee Monjee Institute of Management Studies (NMIMS)	Mumbai	www.nmims.edu
Goa Institute of Management (GIM)	Goa	www.gim.ac.in

Cluster 4

B-school	Location	Link
Symbiosis Institute of International Business (SIIB)	Pune	www.siib.ac.in
Indian Institute of Technology - Vinod Gupta School of Management	Kharagpur	www.som.iitkgp.ernet.in
Indian Institute of Technology - Department of Management Studies	Kanpur	www.iitk.ac.in
University Business School (UBS)	Chandigarh	www.ubschandigarh.org
Sydenham College of Commerce & Economics	Mumbai	www.sydenham.edu
Welingkar Institute of Management	Mumbai	www.welingkar.org
K.J.Somaiya Institute of Management Studies & Research (SIMSR)	Mumbai	http://simsr.somaiya.edu
ICFAI Business School	Hyderabad	www.ibsindia.org
Indian Institute of Technology - Department of Management Studies	Chennai	www.doms.iitm.ac.in
Bharathidasan Institute of Management (BIM), Tiruchirapally	Tamil Nadu	www.bim.edu

Cluster 5

B-school	Location	Link
SDM Institute for Management Development (SDM IMD)	Mysore	www.sdmimd.ac.in
FORE School of Management	New Delhi	www.fsm.ac.in
Nirma University - Institute of Management	Ahmedabad	www.nim.ac.in
Master of Finance & Control (MFC), University of Delhi (South Campus)	Delhi	www.mfc.edu
Indian Institute of Technology - Department of Management Studies	Roorkee	www.iitr.ac.in
Master of Business Economics (MBE), Department of Business Economics, University of Delhi	Delhi	www.mbe-du.org
ICFAI Business School	Gurgaon	www.ibsindia.org
Loyola Institute of Business Administration (LIBA)	Chennai	www.liba.edu
Lal Bahadur Shastri Institute of Management (LBS)	Delhi	www.lbsim.edu
Indian Institute of Forest Management (IIFM)	Bhopal	www.iifm.org

Cluster 6

B-school	Location	Link
Amity Business School	NOIDA, U.P	www.amity.edu/abs
Institute of Technology & Management (ITM)	Navi Mumbai	www.itm.edu
Symbiosis Institute of Management Studies (SIMS) (For Defense Personnel & their dependents)	Pune	www.sims.edu
Alliance Business Academy (ABA)	Bangalore	www.alliancebschool.org
ICFAI Business School	Other Campuses	www.ibsindia.org
Indian Institute of Social Welfare and Business Management (IISWBM)	Kolkata	www.iiswbm.edu
Chetana's Ram Prasad Khandelwal Institute of Management & Research	Mumbai	www.chetanamgt.org
NL Dalmiya Institute of Management Studies and Research	Mumbai	www.nldalmiamgmt.org
Xavier Institute of Social Service (XISS)	Ranchi	www.xiss.ac.in
Birla Institute of Management Technology (BIM Tech)	Delhi	www.bimtech.ac.in
Symbiosis Institute of Mass Communication (SIMC)	Pune	www.simc.edu
Institute of Financial Management & Research (IFMR)	Chennai	www.ifmr.ac.in

Cluster 7

B-school	Location	Link
Shri Ram College of Commerce, University of Delhi, Global Business Operations (SRCC GBO)	Delhi	www.srcc.edu
Masters in International Business (MIB) Department of Commerce, Delhi School of Economics	Delhi	www.du.ac.in
Master of Human Resource and Organisational Development (MHROD) Department of Commerce, Delhi School of Economics	Delhi	www.du.ac.in
Institute of Technology & Management (ITM)	Bangalore, Chsennai, Hyderabad, Warangal	www.itm.edu
Jaipuria Institute of Management	Lucknow	www.jiml.ac.in
Faculty of Management Studies, Banaras Hindu University (FMS BHU)	Varanasi	www.bhu.ac.in/fms
Army Institute of Management (AIM)	Kolkata	www.aim.ac.in
Xavier Institute of Management & Entrepreneurship (XIME)	Bangalore	www.xime.org

Cluster 8

B-school	Location	Link
New Delhi of Institute of Management (NDIM)	New Delhi	www.ndimdelhi.org
Institute for Integrated Learning in Management (IILM)	New Delhi	www.iilm.edu
Jagan Institute of Management Studies (JIMS)	Delhi	www.jimsindia.org
Globsyn Business School (GBS)	Kolkata	www.globsyn.com/gbs
Asia Pacific Institute of Management (APIM)	New Delhi	www.asiapacific.edu
Entrepreneurship & Management Processes International (EMPI)	New Delhi	www.empiindia.com

Saturday, February 20, 2010

MBA TEST ANALYSES

DESIGN YOUR FUTURE

Tuesday, March 23, 2010

Monday, March 15, 2010

Run down food stocks

We Need Low Prices, Not Food Mountains

Saturday, February 27, 2010

CAREER LAUNCHER B SCHOOL RANKING

Saturday, February 20, 2010

MBA TEST ANALYSES

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