NMIMS Reaffirms Faith of Corporate World with Successful 2011 MBA Batch Placements Overview:

NMIMS Reaffirms Faith of Corporate World with Successful 2011 MBA Batch Placements
Overview:

Narsee Monjee Institute of Management Studies, Mumbai (NMIMS) completes 2011 batch placements. NMIMS, a leading B-school across the country has underlined its dominance and authority after successfully placing the entire 2011 batch. Narsee Monjee Institute of Management Studies continued its legacy of successful placements with participation of top companies from diverse sectors, new and loyal recruiters offering excellent profiles to the students and large number of offers being extended to the students.
This year NMIMS was required to place a substantial number of students from 4 diverse MBA Programs. MBA Core Program consisted of total 300 students whereas the MBA Focus Program in Capital Markets, Banking and Actuarial Science consisted of 30 students each. The MBA Core has existed for quite some time and is quite renowned now. The new Focus MBA programs have also created a strong position in their own particular areas.

Placement Statistics:

NMIMS 2011
Total Companies at NMIMS 112
Final Placement Batch (Students) 372
No. of Companies Extending offers 96
Average Salary
13.1 Lakhs p.a.
Percentage of New Recruiters 34%

Sectoral Division of NMIMS

The students of NMIMS have been placed in different sectors of the industry in 2011. The various sectors with percentage of students recruited in every sector is mentioned below in the graph:




Banking & Financial Services

Banking and Financial Services Sector recruited 19% of the MBA Core Batch of 2011. JP Morgan Chase and ICICI Bank were the leading recruiters from the finance sector. Major financial players such as Barclays Bank, Citibank, Royal Bank of Scotland, Nomura Holdings and Goldman Sachs extended offers to the students. Financial services firms such as Bank of India, HDFC Bank, Angel Broking, Darashaw, ICICI Lombard, HSBC Global Resourcing, Kotak BANK, India Infoline SBI Capital Markets and Tata Capital participated in this placement season of NMIMS. Some of the profiles that were offered to the students were Asset Management, Product Management, Retail Banking, Branding, Strategy, Transaction Banking, International Banking, Treasury and Investment Banking.

FMCG/Consumer Durables

FMCG Sector recruited about 9% of the students from core MBA Batch. The FMCG companies that were present in the placement process were Wipro CCL, Marico, L’Oreal, ITC and Hindustan Coca Cola Beverages (HCCB). The novel FMCG players who participated in the process were Wrigley’s., Nutrela, Reckitt Benckiser and VVF Ltd. The consumer durables sector accounted for 2% placement of the core MBA Batch. The important players who participated from the sector were Videocon, Whirlpool, Godrej & Boyce. The profiles that were offered were Marketing and Distribution, Sales and Branding.

Consulting

The consulting sector recruited 9% of the students from the core MBA Batch. The companies that participated from the consulting sector in the placement process were i3 Consulting, Cognizant Business Consulting, Capgemini, Avalon Consulting, Deloitte, PricewaterhouseCoopers and KPMG. The profile range offered was Infrastructure Consulting, IT Consulting, Operations Consulting, Marketing and Strategy Consulting, Financial Advisory and Risk Advisory.

Information Technology

Nearly 23% of the students joined Information Technology sector. Some of the permanent IT recruiters who participated in the placement process were Mindtree, Hewlett Packard, Genpact, KPIT Cummins, Accenture, Mphasis, IBM, HCL Technologies, Wipro and Infosys. The novel IT companies that participated in the placement process are Virtusa, Tally Solutions, Polaris, Indus Valley Partners and IGate. The profiles that were offered to the students were Business Analysis, Pre-Sales, Project Management, Business Development, Consulting and Account Management.

Conglomerates

9% students of the batch were absorbed by the group companies or conglomerates such as Triton Group, Welspun, Manipal Group, Larsen & Toubro, GE and RIL. The profiles offered were Sales & Marketing, Strategy, GE, Financial Services and Power and Sales & Distribution.

Others

The manufacturing firms that participated in the placement process were Titan, Cummins and Asian Paints. The telecom sector’s leading players such as Vodafone, Idea Cellular and Airtel extended substantial number of offers. DHL, a global logistics player offered roles in Marketing and Supply Chain.

Conclusion

This placement season students chose their own profiles, which reflects the optimism of the growing economy and reaffirms the faith of the recruiters in NMIMS and their quality students. NMIMS through creating synergy with the corporate sector wants to achieve greater heights in the field of management education.

ISACA Extends CRISC Grandfathering for Risk and Control Professionals

ISACA Extends CRISC Grandfathering for Risk and Control Professionals

Due to overwhelming demand, ISACA, a nonprofit association of more than 95,000 IT professionals worldwide, has extended the grandfathering program for its new Certified in Risk

Due to overwhelming demand, ISACA, a nonprofit association of more than 95,000 IT professionals worldwide, has extended the grandfathering program for its new Certified in Risk and Information Systems Control (CRISC) designation until 30 June 2011. The grandfathering program permits those with appropriate experience to become certified without taking an exam. Since the grandfathering program opened in April 2010, more than 9,000 IT and business professionals have applied for the certification.
?Managing risk is growing rapidly as a business issue. CRISC is already valued by employers because it helps them identify candidates who demonstrate an ability to effectively manage IT-related business risk,? said Urs Fischer, CISA, CRISC, chair of ISACA?s CRISC Certification Committee. ?Earning CRISC or another globally recognized certification is also a great way to differentiate yourself in the market.?
The CRISC (pronounced ?see-risk?) credential helps professionals gain recognition of their ability to design, implement, monitor and maintain effective risk-based information systems controls. The domain areas of practice covered by the certification include:
• Risk identification, assessment and evaluation
• Risk response
• Risk monitoring
• IS control design and implementation
• IS control monitoring and maintenance
The CRISC grandfathering program enables highly experienced professionals to apply for the CRISC credential without taking the CRISC exam by exhibiting eight years of related experience. Details on the CRISC certification grandfathering program are at www.isaca.org/criscgfapp.
The first CRISC exam will be held on 11 June 2011. For additional information, visit www.isaca.org/crisc.
ISACA also administers the following three certifications, which are globally recognized by many industries, government entities and professionals:
• Certified Information Systems Auditor (CISA), earned by more than 84,000 professionals since 1978
• Certified Information Security Manager (CISM), earned by more than 16,000 professionals since 2002
• Certified in the Governance of Enterprise IT (CGEIT), earned by more than 4,600 professionals since 2007
Additional information about ISACA certifications is available at www.isaca.org/certification.
About ISACA
With 95,000 constituents in 160 countries, ISACA� (www.isaca.org) is a leading global provider of knowledge, certifications, community, advocacy and education on information systems (IS) assurance and security, enterprise governance and management of IT, and IT-related risk and compliance. Founded in 1969, the nonprofit, independent ISACA hosts international conferences, publishes the ISACA� Journal, and develops international IS auditing and control standards, which help its constituents ensure trust in, and value from, information systems. It also advances and attests IT skills and knowledge through the globally respected Certified Information Systems Auditor� (CISA�), Certified Information Security Manager� (CISM�), Certified in the Governance of Enterprise IT� (CGEIT�) and Certified in Risk and Information Systems Control? (CRISC?) designations.
ISACA continually updates COBIT�, which helps IT professionals and enterprise leaders fulfill their�IT governance and management�responsibilities, particularly in the areas of assurance, security, risk and control, and deliver�value to the business.

IIT fees not to increase: Government

IIT fees not to increase: Government


The students who are planning to take admission to Indian Institute of Technology can take heave a sigh of relief as the government has rejected the proposal to hike the fee of undergraduate programmes of the premier technical institutes by about four times.

The Anil Kakodkar committee, which was established to study the roadmap the autonomy and future of Indian Institutes of Technology (IITs), had recommended that the fees be raised from Rs. 50,000 per annum to Rs. 2 lakh to Rs. 2.5 lakh per annum.
On the other hand, HRD Minister Kapil Sibal rejected the proposal, saying it would act as 'restriction' to aspiring students, said source in the Ministry. The committee has been asked to rework on the fee structure considering aspirants from all section of society. Sibal announced to establish new 50 research parks at a cost of Rs. 200 crore during the 12th Plan Period.
The proposed research park would be established on Public Private Partnership (PPP) mode that will encourage private players to carry out research activities in collaboration with government institutions. One park is already in existence in Chennai.

Goa government retains existing education system

Goa government retains existing education system


Panaji, Apr 1 : AICC General Sectretary and in charge of Goa desk Jagmeet Singh Brar today said the party and Goa Chief Minister Digambar Kamat had come out with a very balanced and dignified decision on retaining the existing system of primary education in the mother tongue and the upper primary education in English medium.
He said people in every state love their mother tongue, while English is world language spoken all over.

Mr Brar, who was on a two-day visit to the state, said this was his first visit to the state after taking over as the incharge of Goa desk, replacing B K Hariprasad in the newly-constituted congress committee.

He said during his visit, he met Congress Ministers, MLAs personally and also addressed members of the Goa Pradesh Congress Committee and other frontal organisations.

He said youth Congress membership drive is on in the state in a full swing and added that he will visit all the 40 constituences in the state to strengthen the base of the party.

He expressed confidence that the Congress will win with thumping majority the state Assembly election, scheduled in 2012.

When asked about some leaders in the state speaking against the party, Mr Brar said he will consult party leaders in Goa and try to intervene as discipline has to be maintained.

When asked about going alone in the next state Assembly election in Goa, Mr Brar said, "We are at present an alliance government. It is too pre-mature to comment but we are asking party cadre to strengthen the party and walk on our own feet. We are preparing in all constituencies to go alone.''

FORE School of Management Opens Admissions for its three-year Post Graduate Programme (Part Time) in Management (PGDM) for Working Professionals

FORE School of Management Opens Admissions for its three-year Post Graduate Programme (Part Time) in Management (PGDM) for Working Professionals

Admissions are now open to the FORE School of Management?s three-year Post Graduate Programme (Part Time) in Management (PGDM), which is sure to propel any career straight into the fast lane to success.


Admissions are now open to the FORE School of Management?s three-year Post Graduate Programme (Part Time) in Management (PGDM), which is sure to propel any career straight into the fast lane to success.

Students seeking admission are required to be working professionals who have been in their career for a period of at least two years.

This programme, based in Delhi, is a boon for young professional living in the capital. It is an opportunity for them to enhance their professional qualifications in a structured yet innovative way. It enables them to take charge of their career and become the boss of their future.

Incorporated in 1992, the PGDM is a tried and tested course. Through the years, FORE?s PGDM students have proved that this is truly an avenue working youth seek out. It is a method of enhancing their knowledge, setting new paradigms, creating fresh niches and climbing the career ladder comfortably, consistently. PDGM students continue in their careers, getting to use what they learn real life, practical scenarios. For them, the Management qualification is a very important bonus they earn to keep them ahead.

The PGDM is a very well thought out and practically conceived course with a clear focus on developing managerial skills. Students enrolling for the PGDM are already working and have been in their careers for over two years in middle or junior level executives with public or private sector organizations.

The faculty at FORE are all highly qualified academician and corporate professionals, well known in their field. Each one of them brings expertise, commitment, immense knowledge: all developed on the strong foundations of their educational qualifications. They are chosen for their skills in making the entire three years spent at FORE a transformational experience that will be etched in memories right through their lives.

Held on Thursday, Friday and Saturday of every working week, classes are held between 6.15 pm to 9.30 pm on Thursdays and Fridays. On Saturdays, classes are between 2.30 pm and 9.30 pm.
Course fees: Rs. 3,60,000 and will be paid in six equal instalments.

About FORE School of Management:

Foundation for Organizational Research and Education (FORE) was established in 1981. FORE?s main aim is a commitment to the development of Management Education, Research, Training and Consultancy. Through the 30 years of its existence, FORE?s contributions to the global business environment has been tremendous.

With over 3000 students having graduated since its inception in 1992, FORE School of Management operates under the aegis of Foundation for Organisational Research and Education founded in 1981. This Three Year part time PGDM programme has been running successfully since 1992 and the admitted students and alumni belong to various reputed organizations in some of the most leading industries,? says Dr. Jitendra K. Das, Director, FORE School of Management.

City part of Oz education plan

City part of Oz education plan


KOLKATA: Several educational and research institutions in the city are set to join hands with their Australian counter - parts for a series of collaborative projects. These will include PhD programmes and scientific projects in areas where experts and students from either country have the opportunity to share knowledge.

Announcing this at an India-Australia partnership programme on Friday, Australian deputy high commissioner Lachlan Strahan said it was time to take educational exchanges between the two countries beyond just enrolling in each other's universities.

"India has a fabulous depth of scientific capabilities which could benefit both countries. By joining our programmes, they will have access to the latest technology and facilities that will help them realize their potential better. We, on the other hand, will benefit from their inputs and contributions in our projects. Both countries are worried about their water and food security and I am sure these projects will help us optimise use and cut down wastage of both," said Strahan.

Commenting on relations between the two countries, the deputy high commissioner said it has been rather indifferent till 2005. "We were like two ships passing each other in the dark. Till, the effects of economic reforms in India brought us closer. We now have half-a-million people of Indian origin in Australia . From just 12,000 students a few years back, we now have 100,000 Indian students in various Australian universities. But we now need to look beyond just courses and degrees," added Strahan.

Several research institutions and a university in Kolkata have been identified for collaboration. "We have sounded them out and talked about the possibilities of joining hands. A deal will soon be struck with some of them," Strahan said.

A delegation of leading Australian corporate leaders and industrialists will be visiting India soon as part of the partnership initiative. They will be interacting with their Indian counterparts on furthering business collaborations and bilateral trade arrangements.

China scores low in English test

China scores low in English test

Beijing: Chinese have "poor" English skills despite huge efforts by the government in language training, according to a study.

China was ranked 29th in the English Proficiency Index, behind other Asian countries like Malaysia, Japan and South Korea, the Shanghai Daily reported.

Test-oriented, memorized learning habits did not give Chinese students the real language skills, education experts said.

The report was based on a free online English test, where two million adults from 44 countries where English is not the native language took part. IANS