Thursday, May 3, 2012

Industry leaders discuss Marketing for Not for Profit Organizations @ BIMTECH Marketing Summit

Birla Institute of Management Technology (BIMTECH), Greater Noida hosted Indian Marketing Summit on Friday, April 27, 2012 and Saturday, April 28, 2012. The theme of the Summit was, ‘Marketing for not for Profit Organizations in emerging Markets’. Prof. Jagdish Sheth explained the theme by saying, “Most of the Not-for-Profit organizations attach marketing with profit motive and selling. Therefore they refrain from it most often. This makes them miss out on many ways to create a sustainable enterprise.”

Dr. H Chaturvedi, Director, BIMTECH Greater Noida talked at length about Social Marketing and emphasized on sustainability and its importance in the long run. While quoting researchers Kasturi Rangan, Karim and Sandberg Dr. Chaturvedi said that conventional marketing methods were not always effective when used in social change.

Ms Cynthia Round, EVP, Brand Leadership, of United Way World Wide stressed that ‘trust’ is the most important factor, in context of Not for Profit Organizations. “World is facing a trust crisis.” She said. According to her, there was more trust amongst the Indian NGOs in comparison to the rest of the world. She also emphasized the need for the application of the concepts of ‘Brand strategic thinking’ in the social sector.

Mr. Pradeep Kashyap, founder, MART, mentioned that more than five per cent of India’s GDP goes to the support of development sector. He also shared the evolving concept of ‘Business Mind and Social Heart’ organizations. 

Prof. Jagdish Sheth, Founder AIM, discussed 4A’s of marketing with the perspective of social change. While sharing his thoughts he said “Most NfPs lacked the skills of marketing their offerings. He suggested that “the best way to encourage NfPs to use marketing is to take a customer service perspective instead of a marketer’s selling perspective.” He dwelt briefly on 4A’s of marketing for NfPs and equated Market Development to a combination of Market Accessibility, Market Accessibility, Market Affordability and Market Awareness.  The absence of any one of these factors would not lead to Market Development.

In the technical session with the theme ‘From Non Profit Organizations to Non Profit Marketing’, Ms. Cynthia Round equated Brand to a Relationship and stressed on the importance of significance of an organization in the lives of supporters.  Mr. Bill Toliver, Executive Director, The Matale Line, said that emotional marketing has a short life span.  It would appeal to the customer once and would get bypassed the second time. Marketing based on real cause without ulterior motives has the potential to stay for long.  Mr. Ian Correa of Hope foundation said that love and respect would engage and enable confrontation to solve a problem and a marriage of passion and professionalism would be a more lasting relationship.

The Day 2 of the Summit started with a session with the theme social marketing as a catalyst for development in emerging market. Dr. Alan Andreasen, Professor of Marketing, Mcdonough school of Business spoke about the different models which can be used by social enterprises to reach out to wider audience. He talked about his BCOS frame work wherein the emphasis was on the beneficiaries.

Mr. Ramesh Ramanathan , founder of Janagraha said that even the urban population has its pain points. His area of focus started with Bangalore his home town’s living conditions. “Each ward in a city has its budgets which is to be allocated for improving the civic conditions. So without rocking the boat too much, Janagraha started off with five per cent of the wards budget. The community involvement was started by asking people to act as “FOOLS”- fools courageous enough to want to change their cities civic conditions. It started off a s small movement but now it is reaching a humongous proportion of people.”

Mr. Kalyan Paul ED, Pan Himalyan Grassroots Development Foundation talked about how their model has helped many areas which were having water problems. He said the main issue right now is creating a second line of young people who can lead the next wave of social enterprise.

He said that attracting the best talent to this sector was a huge problem because of the costs involved in their education. Many of the passionate youth are not able to join because they bring with them a big baggage of education loans. He also exhorted the educational system to come out with a solution.

Mr. Anshul Gupta, Founder, Goonj talked about how the rural poor are facing the problem of even the basic necessities required for a dignified life. Everybody talks about basic needs of food, shelter and clothing, however, when we talk about different policies and issues on various forums, we ignore clothing most often. He quipped, “We don’t donate, we discard”.

The second session was on the theme ‘Emerging Digital Tools for Not for Profit Marketing’. This covered areas like Social media, Mobile Media and the next digital trends. Ms. Jennifer Elwood, ED, Red Cross talked about how the online experience for Red Cross was cumbersome, complex and inconsistent. She emphasized on the need of the art of story-telling for effective usage of social media marketing. She gave some relevant examples from Red Cross, US.

Ms. Jessie Pau, CEO, PaulWriter Strategic Services shared ‘ABCD’ model for marketing. This ABCD represents Added value, Behaviour change, Complexity and Diffusion respectively. She said it’s always a trade of between time & money. “If you don’t have money for advertisement then spend time to market”. She also said that the same tools used for commercial marketing can be used by social enterprise.

Ms. Saloni Malhotra, Founder, DesiCrew Solutions Private Limited, shared her experience of creating a local BPO and her experiments with social media in facilitating the business. She emphasized the fact that ‘The message and the medium both are equally important.

Admissions to 15+ B-schools in MBAUniverse.com A* category are open; Find out & apply now!

The focus of the MBA aspirants is to obtain the much coveted seat at their choicest B-schools. After taking the major MBA entrance exams, participating in the GD PI rounds, it is now your turn to get the final admission offers. But in case you have not converted calls of the top 25 B-schools or are taking MAT May 2012 or state level MBA entrance exams like ICET, KMAT etc., then you still have many options open. There are a lot of B-schools which are conducting their admission process.

In the last article of MBAUniverse.com, we shared the admission status of the B-schools in the MBAUniverse.com A** category. Today we will share the list of B-schools in the category of A* of MBAUniverse.com categorization of over 100 B-schools.

The following table gives the admission status, fees, MBA Entrance Exams and the cut offs of the B-schools over 15 B-schools in the category. The names of the B-schools appear in the alphabetic order.


B-School
Admission Status
Fees
MBA Entrance Exams
Cut off
Admission Open
Rs. 11.5 lakh
CAT, XAT, MAT, ATMA, CMAT, GMAT
75+

Admission Open
Rs. 6.2 lakh
CAT, MAT, CMAT



70+

Admission Open
Rs. 5.30 lakh
CAT, XAT, MAT or UPESMET
70+
Admission Open
Rs. 4.71 lakh
CAT, XAT, MAT, ATMA, CMAT, MAH CET
75+
Admission Open
Rs. 6.2 lakh
CAT, MAT, XAT, ATMA, CMAT
60+
Admission Open
Rs. 5 lakh
CAT, XAT, MAT
60+
Admission Open
Rs. 8.1 lakh
CAT, XAT, MAT, ATMA
50+
Admission Open
Rs. 10 lakh
CAT
80+
Admission Open
Rs. 7.75 lakh
CAT
80+
IMT Hyderabad
Admission Closed
Rs. 6.65 lakh
CAT
80+
Admission Closed
Rs. 5 lakh
CAT, XAT, MAT, ATMA, CMAT, GMAT
60+
Admission Open
Rs. 5.85 lakh
CAT, XAT, CMAT, MAT
60+
Admission Open
Rs. 5.50 lakh
CAT, XAT, MAT, ATMA, MAH CET
60+
Admission Open
Rs. 5.75 lakh
CAT, XAT, MAT, CMAT
60+
Admission Closed
Rs. 9.68 lakh (total)
CAT, XAT, MAT, ATMA, CMAT
75+
Admission Open
Rs. 6.65 lakh
CAT, MAT, XAT, GMAT
60+
Admission Open
Rs. 5.50 lakh
CAT, XAT, MAT, ATMA, ICET
60+
Admission Closed
Rs. 5 lakh
XAT, CMAT
70+

MBA Expert Arks Srinivas to guide you on ICET 2012 on May 7, 5 pm onwards @ MBAUniverse.com Chat

After the major national level MBA entrance exams, the focus has shifted to the state level MBA entrance exams. The popular state level exams like MAH CET, MPMET, TANCET have already been conducted. The next big exam on the pipeline is ICET 2012 for B-schools in Andhra Pradesh. The Integrated Common Entrance Test, conducted by Kakatiya University, Andhra Pradesh, will be conducted on Friday, May 18, 2012.

To help you with the preparation and important facts about the exam, MBAUniverse.com will host a Live Expert Chat on ICET 2012. The expert of the chat will be Mr. Arks Srinivas, ex Director, T.I.M.E. and Director, Vanguard Business School, Bangalore. The Live Expert Chat is scheduled for Monday, May 7, 2012, 5 pm onwards.

Arks Srinivas is presently the Director of Vanguard Business School, Bangalore. He carries more than 15 years of diverse experience in Industry, Training and Academia. A BE in Electronics and Communication, Srinivas graduated from IIM Calcutta in the year 1997.

An education enthusiast, Srinivas became one of the key persons responsible for establishing T.I.M.E. as training institute for CAT and other MBA entrance examination in the country. For more than Five years, he was Centre Director at T.I.M.E. Mumbai. Thereafter, he ventured into heading Vanguard Business School.

Before you know more about the Live Expert Chat, here are few words about ICET 2012. The duration of the exam is 150 minutes. The sections of the exam are Data Sufficiency, Data Analysis, Reasoning, Mathematical Ability and Communication Ability. The total number of questions is 200. The questions are multiple choice questions which have one mark for each correct answer. There is no negative marking in ICET.

In the Live Expert Chat, you can ask Mr. Srinivas questions on the following areas:

•    ICET 2012 pattern
•    Similarities and differences with other state level exams
•    Preparation strategies
•    Top B-schools accepting ICET scores
•    Past years’ paper patterns
•    Dos & Don’ts or anything regarding the exam that you need clarity on.

Check if your JEE sheets have been evaluated properly!

While IIT JEE results will be declared on May 18, 2012 students will be able to have a look at their answer sheets much before the actual results. For the first time ever, IIT JEE authorities have decided to upload the evaluated answer sheets of the IIT aspirants who took JEE that happened on April 08, 2012.
The answer sheets will be available online from May 05 to May 10, 2012 and students will be able to see for their any discrepancies in the evaluation of their sheets. Accordingly, they'll have the opportunity to lodge a request for discrepancy check.

Students can utilise this opportunity to submit requests for revision anytime before 5pm on May 10. The representatives will to consider the requests by the students and if found correct, the responses will be updated by May 14. IITD director, R Shevgaonkar said, "it may happen that the scanner does not pick up correct responses if a candidate has not filled the response bubble completely".
"In such a case, they can simply lodge a complaint and we will go through it before the preparation of the final merit list," he further said.
Source: The Times of India

NIT Rourkela is #5 best universities in India

According to a new survey conducted by a global research group, National Institute of Technology (NIT), Rourkela proudly stands #5 among the best universities in India and 1067th rank in the world.
As per the ranking of world universities detailed by Cybermetrics lab, a Spain based international research group, NIT Rourkela occupied this position.
The cybermetric lab research group belongs to the Consijo Superior de investigaciones Cientificas (CSIC), the largest public research body in Spain. It looks at the qualitative analysis of the internet and web content especially those related to the process of generation and scholarly communication of scientific knowledge. This is a new discipline called Cybermetric.
NIT-Rourkela Director Sunil Kumar Sarangi in conversation with Economic Times said, “the ranking of NIT was a matter of great pride and profound honour for the entire NIT family, faculty, staff, students and to all others who helped us in our efforts to achieve this prestigious position".
Source: The Economic Times

Tuesday, May 1, 2012

DU to convert its 3-year undergraduate courses to 4 years from 2013

Delhi University (DU) is planning to extend the duration of its 3-year undergraduate courses to 4 years from 2013. Undergraduate courses such as BCom, BA and BSc will be restructured and extended to 4 years thus offering an option to quit the course midway with a choice to rejoin it later and complete the course.
Students will also get a choice to knock off 1 or 2 papers and instead of it use credits awarded through extracurricular activities or sports to complete the courses. So now students will get an opportunity to earn 3 degrees from a 4-year undergraduate program.
The university has proposed to introduce the 4-year courses from the academic session of 2013-14. This will be a transdisciplinary program with many exit options. The university is also revamping its open learning system where undergraduate students at colleges can finish a semester through open learning and the credits will be considered.
The DU administration revealed that the proposal is ready and consultations with stakeholders and teachers are ongoing. The administration is also planning to discuss the proposal at a teacher’s congress in June. After taking the inputs from teachers, the proposal will be presented at a teacher’s congress. Finally, administration will place the proposal before the executive and academic councils of the university.
The program will allow 2 exit options to the students during the entire course; one at the end of second and another at the end of third year. If a student opts out of the course after completing 2 years, he/she will be awarded an associate degree. At the end of 3 year, the students can opt to exit with a bachelor’s degree. If the student completes 4 years, he/she will be eligible for honours degree.
Even the students with 2-year associate degree will be given enough training to help them to become an elementary teacher. Students opting out after second and third years will get 10 years time to return and finish the course.
Source: Times of India

ISB proposes to hire bachelor degree holders as academic associates

ISB (Indian School of Business) has proposed to hire 3-year degree holders as research and academic associates. The objective is to groom large number of students for higher studies.
In general, ISB hires only those aspirants as academic and research associates who seek to pursue doctorate programs from overseas.   
Academic associates (AAs) are the scholars who help faculty in research and teaching while Research Associates (RAs) assist faculty in research work only.
Sources from ISB revealed that the institute is planning to hire bachelor degree holders in Statistics, Mathematics and Economics from premier colleges for the positions of AAs and RAs.
Presently only post graduate students or those having 4-year degree are hired for the program.
The institute hires these candidates through campus hiring from IIMs and IITs. Each of these associates work with a faculty member.
The post graduate aspirants are required to take GRE or GMAT test and apply for PhD in the fall of second year and at the end of their second year they leave for their PhD.
The 3-year degree holders will be required to apply at the fall of their third year.
The number of positions for AAs and RAs depend on the number of faculty members at ISB. The institute also pays salaries to these associates.
Source: Times of India