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Education

Education

A Tri-City International MBA at SP Jain School of Global Management

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By Somali K Chakrabarti MBA has been a popular option for many fresh graduates as well as for working professionals, who aspire to move to management positions in their career. While it is often looked upon as a prestige tag or a ticket for professional success, what generally goes unstated is that MBA gives students a chance to reflect upon their working style, develop an appreciation for all business functions, learn how to work together as a team, hone their management and interpersonal skills, and develop networks for life. Unlike other Masters programmes which provide specialization in a specific field, an MBA is an interdisciplinary study that draws from the fields of psychology, sociology, economics, accounting and finance, to give an overall perspective of business to the participants of the program.  

Education

Round Table Blogging Contest at NIT Trichy

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By Somali K Chakrabarti   The Round Table: Theme Based Blogging Contest The need to express yourself in today’s fast-moving world cannot be emphasized upon enough. Opinionated views are formed within the fraction of a second and spread out far and wide over the internet with the speed and alacrity of the waves; as such it becomes imperative that sane voices do not remain unheard. Thankfully, the impact of blogging is also spreading fast, providing every net savvy individual a platform to express himself/ herself. Institutions and organizations, too, are not left untouched by the power that blogging wields, and are taking to the platform for organizing contests to get diverse perspectives, viewpoints and increase visibility. The Round Table, a theme-based blogging contest, organized by Pragyan, NIT Trichy in association with Campus Diaries is aimed at tech enthusiasts who want to hold out their distinct voice from the opinionated noise of the internet.

Education

India’s MIT – Making A Mark In Higher Education

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  Akin to Darwin’s theory of ‘Survival of the Fittest’, admission into the premier public institutes in India is about ‘Survival of the Brightest’. With the scores in board examinations soaring as high as the mercury levels in most parts of the country, both students and their parents feel the heat as competition for admissions into colleges gets tougher. A score less than 90% is unlikely to fetch a student, a seat in the general category, in a premier public institute. Even so, a score above 90% alone does not suffice for entrance in most of the leading public engineering institutes, where selection is determined by the combined board score and score in the Joint Entrance Examination (JEE). The tough selection criteria coupled with growing number of applicants each year (over 1.3 million students registered for JEE in 2014) leaves many meritorious students missing the mark to secure a place in the publicly funded institutes. Into this void of demand and supply, have stepped in some private engineering institutes that aim at providing quality education to the students.

Education

Endowments and spending in B schools

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While the program fees for MBA and other executive education programs in B schools is widely known,  funding of the B schools remains a key area of interest for any B school’s management team. In B schools, funding comes in mainly through 3 sources: MBA Tutions, Development Activities and Executive program fees. Development activities generally include annual giving, capital giving and corporate giving.  During a discussion at roundtable conference in Mexico in 2010, it was found that in top tier US B schools, percentage of revenue distribution is in the range of 40% from MBA Tutions,  30% from Development Activities and 20% from Executive program fees. On the other hand, In European B schools distribution is in the range of 70% from MBA Tutions, 7% from Development Activities and 23% from Executive program fees. In Mexican B schools the distribution between MBA Tutions & Exec Education is 80% & 20%. Alumni givings vary as per the culture to give back & Corporate givings vary as per tax treatment. Tuck has an excellent Development office as the culture of giving back is part of the structure of their society.  In Europe, very few have been able to create an endowment larger…

Education

An Year off from Job – Mid Career B School Program

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‘The pen is mightier than the sword’ said the English author Edward Lytton. Taking a cue from this famous adage, it would not be out of place to say that in today’s world ‘The net is mightier than the jet’. Having completed a reputed program for senior executives from the top Business School in UK, I feel that blog would be a great medium of expression for reaching out to people and sharing my thoughts with those who might be interested in reading this. Since the last one year many people have approached me to find out what the Sloan experience has been like, with the obvious question at the back of the mind ‘Is it worth investing a huge  sum of money for a one year management program at a mid career stage in life?’. Honestly it is difficult to have a cookie cutter answer to the question because a whole lot of it depends on what a person aims to achieve in that one year and how he or she is able to leverage on the learning while building on the past professional experience. I will attempt to pen down the aspects that a person may want to consider before…

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