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IIM Rohtak Admission Criteria 2020

IIM Rohtak Admission Criteria 2020 has been announced and CAT 2019 score weightage is a mere 45% for final convert at IIM Rohtak, while 95 percentile will be the general overall CAT Cutoff for IIM Rohtak. IIM Rohtak has opted-out of the CAP (Common Admission Process) for admission into the MBA Programme for the batch of 2020-2022. IIM Rohtak will be conducting its WAT and PI individually. Let us have a detailed look at IIM Rohtak Admission Criteria. 

IIM Rohtak Admission Criteria 2020: Important Dates

Activities Tentative Schedule
Intimation to shortlisted candidates on the basis of CAT score for further selection process 2nd week of January 2020
Receiving confirmation from shortlisted candidates for next step of selection process 3rd week of January 2020
Conducting of WAT & PI process at different centers (Delhi, Mumbai, Kolkata, Bangalore & Rohtak) 2nd week of February to

4th week of February 2020

Declaration of final result and waiting list Offer letter to waitlisting candidates, if required 1st week of April 2020 to

2nd week of May 2020

Declaration of the final list of candidates 3rd week of May 2020
Registration for PGP program, Verification of documents, Submission of term fee, Hostel room allocation, and Interaction with faculties Last week of May 2020

IIM Rohtak Admission Criteria 2020

The admission process of IIM Rohtak is a five-stage process:

Stage I: Online Registration for PGP Admission 2020-22 batch, IIM Rohtak

The first shortlisting of candidates will be based on minimum section-wise and aggregate percentile scores in the CAT 2019 as mentioned in Table-1 below.

Category VARC DILR QUANT Overall
General 70 70 70 95
NC-OBC 60 60 60 78
SC 50 50 50 60
ST 30 30 30 40
PWD 30 30 30 40

The candidates who have selected IIM Rohtak as one of their preferences in the CAT 2019 form, will be invited for online registration for the PGP Admission process 2020 during the second week of January 2020. Shortlisted candidates will receive an email with a web-link for online registration in PGP 2020-22 batch.

Candidate needs to submit an application/ admission data form along with registration fee of Rs. 2000/-. The candidates, who have submitted the application forms and registration fees by the stipulated date and time, will be considered and invited (as per merit) for the Written Analysis & Personal Interview (WAT &PI) in Stage-II.

Stage II- Written Analysis Test (WAT) & Personal Interview (PI)

All shortlisted candidates at State I, will appear in Stage II (WAT & PI). WAT & PI will be conducted in Delhi, Rohtak, Mumbai, Kolkata & Bangalore as per following schedule:

Place Date
Delhi 10-15 February, 2019
Rohtak 16-20 February, 2019
Mumbai 19-21 February, 2019
Bangalore 19-21 February, 2019
Kolkata 16-25 February, 2019

All the shortlisted candidates will be informed by emails to download their call letters to appear in WAT & PI. All the required details like venue of WAT & PI, date, time and other required guidelines will be mentioned in the call letters.

Stage III – The Final Selection List based on CAT, WAT, PI & Diversity scores

A weight of 45% will be assigned to CAT Total Score (Scaled to 100). A weight of 35% will be given to WAT & PI Score. Further, for Academic diversity and Gender diversity, candidates will be given a weight of 20%.

The weighted aggregate of the following components namely (a) CAT; (b) WAT; (c) PI; (d) Diversity will be used to prepare a merit/rank list and accordingly the candidates will be invited to appear in Stage-IV.

Stage IV – Offer for Provisional Admission for the PGP programme 2020-22 batch 

The offer of admission to the candidate will be made strictly on the basis of merit/ rank list and availability of seats in each category (Gen, SC, ST, NC-OBC, EWS & DAP) as per reservation rules of Govt. of India.

A candidate receiving admission offer from IIM Rohtak (IIM-R) and accepting the offer within the stipulated date, needs to deposit Offer Acceptance Amount (as mentioned in the Offer Letter) through online payment link. 

Stage V – Reporting for joining the PGP programme 2020-22 (Batch –XI) 

Candidates need to login on the Institute website by using his/her login credentials (Username & Password) to deposit full programme fee /Term Fee as mentioned in the confirmation letter and need to report in the Institute Campus in Rohtak as per communicated schedule in the confirmation letter.

Further, on the day of reporting in the campus, the admission team will do physical verification of the documents and allocation of hostel room to the candidate. Hostel allocation will be done on the basis of first come first serve basis separately for male and female students. Hostel rooms for DAP category will be arranged on the ground floor. 

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MBA Exam Calendar for B-School Admissions 2020

MBA Exam Calendar 2020: MBA admissions in India is usually based on the performance in entrance exams. There are more than 50 entrance tests for admission to top MBA colleges in India. These exams are conducted at the national or state/regional level. MBA entrance exams for MBA Admission 2020 will begin in the month of October and continue till March. Apart from the popular national level MBA entrance exams like CAT, XAT, NMAT, SNAP, MAT, ATMA, CMAT, the state level and institute specific MBA entrance exams like that of IIFT, TISS NET and IBSAT will also be held for MBA admission in December and January. In this article, we bring to you the MBA Exam Calendar for Admissions 2020.

MBA Exam Calendar 2020

Name of Institute Last date to apply (Tentative)
NMIMS Mumbai 3rd October
IIMs 25th September
IIFT, Delhi, and Kolkata 25th October
FMS Delhi
(TBA)
Third week of November
XLRI Jamshedpur 30th November
MDI Gurgaon 22nd November
SIBM Pune 14th December
XIMB
(TBA)
30th November
MICA MICAT 1: 25th November MICAT 2: 16th January
SCHMRD Pune 14th December
SIIB Pune 14th December
SIMS/SITM/SIMC/SIOM/SCIT/SSBF/SSSS 14th December
SP Jain Institute of Management and Research. 22nd November
TISS Mumbai
(TBA)
First week of December
IMI Delhi
(TBA)
2nd December.
ISB Hyderabad Cycle 1: 15th September
Cycle 2: 1st December
Cycle 3: 1st January
Goa Institute of Management First Mover:
2nd December
Early Bird/Achiever Round: 15th December
Last: 31st December
Department of Financial Studies
(TBA)
First week of January
IRMA
(TBA)
Third week of January
JBIMS Mumbai
(TBA)
Last week of January
IMT Ghaziabad
(TBA)
22nd November
NITIE
(TBA)
First week of February
IITs
(TBA)
(To be announced)
TAPMI Manipal (To be announced)
Great Lakes, Chennai Last week of January
FORE School of Management Last week of December
SDA Bocconi Mumbai (To be announced)
Welingkar Mumbai 26th January
IFIM Bangalore (To be announced)
ICFAI Business School December 12, 2019

Top B-Schools and Exams Accepted

Name of Institute Entrance Exam
NMIMS Mumbai NMAT
IIMs CAT
IIFT, Delhi, and Kolkata IIFT
FMS Delhi
(TBA)
CAT
XLRI Jamshedpur XAT
MDI Gurgaon CAT
SIBM Pune SNAP
XIMB
(TBA)
XAT
MICA CAT+MICAT
SCHMRD Pune SNAP
SIIB Pune SNAP
SIMS/SITM/SIMC/SIOM/SCIT/SSBF/SSSS SNAP
SP Jain Institute of Management and Research. CAT/XAT/GMAT
TISS Mumbai
(TBA)
TISS
IMI Delhi
(TBA)
CAT
ISB Hyderabad GMAT
Goa Institute of Management CAT/XAT/CMAT
Department of Financial Studies
(TBA)
CAT
IRMA
(TBA)
CAT
JBIMS Mumbai
(TBA)
CAT/MHCET
IMT Ghaziabad
(TBA)
CAT/XAT/GMAT
NITIE
(TBA)
CAT
IITs
(TBA)
CAT
TAPMI Manipal CAT/XAT/GMAT
Great Lakes, Chennai CAT/XAT/CMAT/GMAT
FORE School of Management CAT/XAT/GMAT
SDA Bocconi Mumbai CAT/GMAT/GRE/NMAT
Welingkar Mumbai CAT/XAT/CMAT/MH CET/ATMA/GMAT
IFIM Bangalore CAT/XAT/GMAT
ICFAI Business School IBSAT

It may be noted that the MBA entrance exam dates and schedule for some of the National level entrance tests like CAT, IIFT, CMAT, NMAT by GMAC, MAT, ATMA change from exam to exam, the MBA exam dates for few other MBA exams like SNAP, XAT are traditionally fixed and are rarely changed. 

Check out Top MBA Courses HERE | Top MBA Colleges accepting CAT scores.| Check out Top MBA Colleges for Marketing in India| Check out Top MBA Colleges for Finance in India.

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PMC Bank Crisis: An In-depth Analysis of the Ongoing Crisis

PMC Bank Crisis: PMC Bank is the largest urban cooperative bank to be placed under the RBI watch since the crisis of the Madhavpura Mercantile Co-operative Bank in 2001 linked to the stock market scam of Ketan Parekh. While Madhavpura had a large exposure to a single stockbroker, two-thirds of its loans had been given by PMC Bank to a single HDIL real estate developer whose creditworthiness was already under a cloud.

The emerging crisis at PMC Bank is the tip of the iceberg in India’s banking sector with broader, unresolved issues. The origins of the banking sector crisis goes back to the unresolved issue of non-performing assets (NPAs), which in the case of cooperative banks are magnified due to lax governance and a dicey business model. 

PMC Bank Crisis

PMC Bank Crisis: PMC and HDIL Connection

Punjab and Maharashtra Cooperative Bank (PMC Bank), which is now subject to regulatory restrictions for under-reporting its bad loans, allegedly issued a personal loan of Rs. 96.5 to the debt-laden real estate company Housing Development and Infrastructure (HDIL) developer Sarang Wadhawan, whose company had already defaulted on a Rs. 2,500-crore loan from the lender.

Throwing all the laws into the wind, in August, PMC Bank had approved the personal loan and it was beyond the Rs 2,500-crore loan that HDIL had ceased to repay and that the cooperative bank refused to recognize as bad loans. Alarmingly, even when it was facing insolvency proceedings in the National Company Law Tribunal (NCLT), PMC Bank continued to work with the beleaguered company.

PMC Bank Crisis: Highlights

  • In 2017, Punjab and Maharashtra Cooperative Bank Chairman S Waryam Singh held a stake of 1.91% in HDIL.
  • Despite its failure to repay duties, PMC bank continued to lend to HDIL. The bank issued HDIL founder Sarang Wadhawan a personal loan of Rs 96.5 crore, whose company had already defaulted on Rs 2,500 crore loans.
  • The Punjab and Maharashtra Co-operative Bank used at least 21,049 dummy accounts to cover accumulated non-performing assets of Housing Development and Infrastructure Limited (HDIL) real estate companies.
  • In his confession letter to RBI, the PMC bank managing director also disclosed that the bank’s exposure to bankrupt HDIL was pegged at Rs 6,500 crore, which represents 73% of the total assets of the bank.
  • Because the outstanding loans were large and if they were listed as NPA, the bank’s profitability would have been impacted and RBI’s regulatory action would have faced the bank, the MD said.
  • According to the regulation, banks have a single entity exposure limit of 15% of their capital account, while group companies have a limit of 20%. In the case of HDIL, exposure was at 73 percent four times the usual level.

PMC Bank Crisis: Bank profile

Particulars Details as on 31st March 2018
Registered Office 240, Shankar Sadan, SION (E), Mumbai-400022
Number of Members 66045
Number of Branches 134 Branches
Paid up Share Capital Rs. 294.22 Crore
Total Reserves and Funds Rs. 814.80 Crore
Total Deposits Rs. 9938.85 Crore
Total Loans and Advances Rs. 7457.50 Crore
Total Overdues Rs. 199.60 Crore
Gross NPA’s 1.99%
Net NPA’s 1.05%
Net Profit Rs. 100.90 Crore

Action against those involved in Fraud

In the case of financial irregularities, the Economic Offences Wing (EOW) of Mumbai Police has filed a first information report (FIR). PMC Bank’s suspended director Joy Thomas, chairman Waryam Singh; HDIL’s Rakesh Wadhwan and Sarang Wadhwan; other HDIL-related entities; as well as PMC Bank promoters and officer bearers were identified as accused in the FIR filed by the EOW.

The Enforcement Directorate (ED) raided six locations in Mumbai and neighboring areas to gather evidence in a money laundering case involving the Bank and Housing Development and Infrastructure Limited (HDIL) Punjab and Maharashtra Co-operative (PMC).

Several other financial institutions pursuant to Section 7 of the Insolvency and Bankruptcy Code (IBC) have loan defaults against HDIL in the NCLT’s Mumbai Bench. These include the Bank of the Union, the Bank of Industry, Dena Bank, the Bank of the Union and the Bank of India. 

The move came after the Mumbai Police’s Economic Offence Wing (EOW) arrested debt-saddled HDIL bosses on charges of alleged involvement in fraud at the PMC Bank. Also included in the EOW action were the listed builder’s commercial and residential properties worth Rs 3,500 crore. The Enforcement Directorate (ED) confiscated 12 high-end cars, Rakesh Wadhawan, Chairman of Housing Development and Infrastructure Limited (HDIL), and his son Sarang Wadhawan. 

Conclusion

Failures of urban cooperative banks occur alarmingly frequent. Their numbers, according to RBI statistics, dropped from 1,926 in 2004 to 1,551 in 2018. A small capital base is one of the reasons why cooperative banks fail so often. Cooperative bank regulation by RBI is not as stringent as that of commercial banks. RBI should have greater power over cooperative banks and empower RBI to implement resolution techniques such as winding-up and liquidating banks without involving other regulators under the laws of cooperative societies. 

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IIM Calcutta’s 28th Institute Lecture Series

IIM Calcutta Lecture Series: Indian Institute of Management Calcutta organized the 28th Institute Lecture Series at the institute premises. The talk was delivered by renowned spiritual guide, social reformer, author and educationist, Sri M. The talk focused on “Man’s Search for Happiness”, accompanied by Sri M’s account of his transformational journey, from a young boy to a spiritual leader, driven by discipline and dedication. 

IIM Calcutta Lecture Series

The event started with a welcome address by Shrikrishna G Kulkarni, Chairman, Board of Governors at IIM, Calcutta. He provided a brief introduction about Sri M and spoke about how the spiritual leader has influenced his life as his guide and teacher. 

The welcome address was followed by Sri M’s talk on how the human mind has a built-in tendency to search for happiness. He said, ‘’We search all over the world, forgetting that happiness is resident within us and, only when it is found within us, that we derive the complete satisfaction’’. Sri M further added, ‘one needs to maintain equanimity for praise as well as criticism and that one shouldn’t base his/her happiness and unhappiness on the basis of what others think of them.

He further went on to discuss that meditation has two parts – one is gathering all the energies so that it moves in a certain way and then the effort of finally letting it go. He said that Yoga aims to find a balance between the mind and body and shared some words of wisdom on how to live a better life and how to rejuvenate and maintain a healthy lifestyle.

The talk was followed by an interactive discussion between the students and Sri M. The event concluded with a Vote of Thanks by the Director, Prof. Anju Seth. 

Check out Top MBA Courses HERE | Top MBA Colleges accepting CAT scores IIM Calcutta Review.

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IIM Kashipur Conducts Its Flagship HR Conclave Samanavya 2019

IIM Kashipur Samanavya 2019: IIM Kashipur successfully conducted its Annual flagship event Samanavya 2019 as part of its Annual Management conclave “Coalescence-2019”, on 18th August 2019 with the theme ‘Evolution to Revolution’. The event started with the lighting of the ceremonial lamp by the guests and faculty. Attendees of the event were taken through the journey of IIM Kashipur and its achievements. Dr. Kulbhushan Balooni, Director of IIM Kashipur cordially welcomed the gathering with the opening speech where he mentioned about the pedagogy, infrastructure, placements and incubation center of IIM Kashipur and invited all the guests in building a better future together. 

Samanavya 2019

The conclave commenced with the first Keynote speech delivered by Capt. Partha Samai, Group Head Human Resources at AGS Transact Technologies Ltd. He talked about how today’s AI software can help out recruiters craft the perfect job description and how the future is going to revolve around AI and EI and how we are supposed to get best out of automation. The second keynote speech was delivered by Ms. Shilpi Saxena, Head Human Resources at Kurlon. She talked about how automation is ubiquitous and how HR has to adopt to businesses that is being owned by young tech-savvy people.

Later, a panel discussion was conducted on the topic “The Proliferation of automation in the HR industry” moderated by Mr. Krishna Rao, Head Coach, and Strategic Consultant at Peepal HR Associates with a panel comprising of some of top people in the Industry. Mr. Raj Kamal Gupta, Director of Human Resources at Dalmia Group, Mr. Amulya Sah, VP & Head Human Resources at IT By Design, Mr. Shrihari Mahale, Head of Solutioning at Sankey Solutions, Mr. Sanjay Abhigyan, Editor – Business Research at Amar Ujala. The discussion focused on how AI and EI complement each other and both are equally important for the success of an organization

Afternoon session commenced with a welcome speech by Prof. Kunal Ganguly, Chair Placements, IIM Kashipur followed by Keynote speeches from Mr. Parthasarathi Mishra, Ex. CHRM, Tata Steel Ltd and Mr. Swapnakant Samal, Head Talent Acquisition Group, Reliance Industries Ltd. These were followed by a panel discussion on Innovative HR: Bridging the gap between GenX and GenY with a panel comprising of Ms. Padmini Punna, Human Resource Business Partner at DSM, Mr. Shivadeep Panjwani, Head Human Resources at Premier Info Assists, Dr. Afsha Dokadia, Head of Learning and Development at L&T Hydrocarbon Engineering, Mr. Abhishek Sharma, Lead – Talent Acquisition at AGS Transact Technologies Ltd. moderated by Mr. L.R.K. Krishnan, Ex. SVP Human Resources at Reliance Communications

The Conclave provided a platform for students to have a fruitful discussion with some of the top-level people in the HR industry which helped in developing an understanding of the current ongoing amalgamation of technology and HR primarily using AI as a tool. This interaction offered students an opportunity to know about the current happenings in the industry and how to evolve themselves to keep up with the ongoing revolution across all the domains.

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Yukti 2019: IIM Amritsar’s Fourth Edition of Annual HR Conclave

Yukti 2019: Indian Institute of Management Amritsar has successfully conducted the fourth edition of its annual HR Conclave, Yukti 2019 on Saturday. Yukti 2019 – the HR Conclave witnessed well-known HR experts from various industries across the country having perceptive discussions on different aspects of Human Resource. Yukti 2019, was one such platform where the industry experts came together, discussed the importance of this digital age and provided thoughtful and factual insights on various contemporary HR practices and potent possibilities. 

Yukti 2019

The theme of the first discussion was ‘Challenges and Opportunities in Employing Gig workforce in India’ and for the second discussion was ‘Accommodating Gen-Z in the modern workplace’.

The panelists in the first discussion included Mr. Bikram Nayak (Head-Human Resources, L&T NxT), Ms. Sonali Majumdar (Head HR, Safari Industries India Ltd.), Mr. Rajendra Mehta (Chief People Officer, DHFL), Mr. Prashant Srivastava (Founder & CEO, The Other 2 Thirds Consulting), Mr. Sameer Mathur (Director HR, Royal Bank of Scotland), Mr. Vivek Tripathi (CHRO, BIBA Apparels Private Limited) and Mr. Ram Dharmaraj (Head HR, Cognizant Technology Solutions).

The panelists in the second discussion included Ms. Yamini Krishnan (Director HR- South Asia, IQVIA), Dr. Yogesh Misra (Vice President, Thomas Assessments Pvt. Ltd.), Mr. Ram Dharmaraj (Head HR, Cognizant Technology Solutions), Mr. Sandeep Tyagi (Director HR, Samsung Electronics), Mr. Sandeep Batra (SVP & Head HR, Vodafone Idea) and Mr. Dilip Sinha (Head-HR, Reliance Retail). 

Yukti 2019: Fourth Edition of Annual HR Conclave

The Conclave commenced with the lighting of the lamp of wisdom & knowledge. Prof. Nagarajan Ramamoorthy, Director- IIM Amritsar welcomed the esteemed panelists. Prof. Nagarajan was glad to host the first conclave as the first full-time Director of IIM Amritsar. He recalled how after passing out of XLRI Jamshedpur as an MBA graduate and entering the industry, he realized the difference between what he learnt in academia and what experience taught him. The challenges, innovations, and strategies are totally different. Prof. Nagarajan said that the nature of the workforce has changed drastically in both India and the USA. The industry is progressing at a furious pace and the challenges will be different in as less as five years. Prof. Nagarajan encouraged the students of IIM Amritsar to gauge and understand the perspective of the industry stalwarts.

Introducing the theme for discussion, IIM Amritsar students delivered a few presentations on the themes of the Conclave and briefly introduced the audience about the rise and prevalence of gig workforce in India and how Gen Z is being accommodated in the modern workplace. The first team of presenters comprising of Mr. Sambhav Jain and Mr. Rahul Sehgal of PGP05 informed the audience that gig economy has been expanding and making inroads through conventional organizational setups. The second team of presenters comprising of Mr. Rishabh Parakh and Mr. Mohit Dugar of PGP05 talked about how modern workplaces are updating their policies and practices to accommodate the incoming Gen Z employees.

Mr. Prashant Srivastava was the moderator of the first session. He began the discussion by posing a question before the students. He asked how many students would prefer to get a healthy salary in the beginning of each month and who are willing to become gig workers and sell their skills and work for new employers. He was visibly impressed by the response by the students who preferred to engage in gig economy. Mr. Prashant highlighted the challenges of gig economy and raised the question of self-actualization among the workers based on Maslow hierarchy of human needs. The challenge also lies in the differing mindsets of the employees and the employers. As corporates, their mindset is American while the employees have an Asian mindset. How we marry the two distinctly diagonal dimensions to land in a win-win situation is the crux of the discussion.

Mr. Rajendra Mehta began by demonstrating that the practices that originate in the USA, when introduced in India shall definitely thrive and become successful. The cities of Delhi and Mumbai have large base for gig workforce. The momentum will continue to build and propagate to the other large cities with population greater than 1 crore. Mr. Rajendra said that gig economy is typically the ‘uberisation’ of skills where spare talent can be utilized for cost optimization.

Mr. Bikram Naik said that the common thinking is to associate gig with delivery boys and drivers and this is how the gig economy actually originated. The underlying thought is to realize that the low skill range workers like cab drivers are working for technology-driven companies and are getting accustomed to the technology. This will definitely lead to sustainability of gig economy in the long run. Mr. Bikram emphasized that the gig workers are essentially ‘engaged’ and not ‘hired’ and this potentially adds to the win-win scenario. While recalling an ‘engagement’ opportunity offered to an air hostess, he realized that social security and loneliness are primary challenges faced by gig workforce.

Ms. Sonali described how for existential purposes in the USA, people began selling their skills for short-term assignments and the trend has only increased since. Ms. Sonali asked the students to ponder that as a social fabric of the nation, are we ready for gig economy considering the security and kind of opportunities that are available. Huge psychological safety net that the corporate setup provides to permanent employees is definitely a challenge for gig economy. The kind of preparedness that corporate needs to have to recognize, understand and accept the new culture of gig workforce and to mete out justice to them is the question to be answered.

Mr. Vivek Tripathi discussed that how unlike a permanent setup, the gig workforce is rewarded for their time and the deliverables they are expected to produce. Mr. Vivek threw light on the various dimensions of gig economy. Some of the dimensions being degree and rarity of skills, your presence at a particular location and the individual’s capability of performing a task from any part of the world. He said that the advantages of gig economy are the control over timing, flexibility, and freedom from organizational policies which encourage the workforce to engage in areas of deep interest. The disadvantages are lack of predictability of income and lack of safety net.

Mr. Sameer Mathur recalled his experience with an intern and beautifully placed the requirements and time to be invested to become an industry leader. Mr. Sameer brought a traditional perspective to the table. He was in the support of fixed income, fixed mindset. If an individual wish for a healthy growth and the aspirations are that of becoming an industry leader then gig economy isn’t the way ahead. Expenses have shot up and lifestyles are continuously getting upgraded. To fulfill these needs one needs to have assurance of salaries on time and work bonuses. Moreover, peer coaching and mentoring from seniors is a luxury of permanent employees. Nevertheless, there is a need to fundamentally follow the gig economy and see how it pans out in the near future.

Mr. Sandeep Tyagi was the moderator for the second-panel discussion. He began the discussion by telling how Gen Z will bring transformation and how scenarios will develop when they enter the workplace. He said that 30% of Gen Z and 40% of GenY will eventually constitute 70% of the workforce in the next year. Most of the workforce would then constitute of people who were born after 1980. The arrival of Gen Z spells a huge paradigm shift for the corporate world. What is their attitude and what skills they bring to the table will be an opportunity and challenge for the industry.

Mr. Sandeep Batra discussed about the changes in the telecom industry and how it has transformed from being a general industry to a specialized industry. The fear of missing out has prompted the various organizations to keep pace with the technology. Regarding the Gen Z, Mr. Sandip said that they are born with the clarity of being in the digital world. Their alliances online and offline make them seamless. Gen Z does not appreciate or respect the hierarchy levels. The expectations of Gen Z are realistic and they want their promises delivered within a timeline.

Mr. Raj Dharmaraj discussed about the ways to engage and motivate Gen Z. One of the hallmarks of Gen Z is inclusion and diversity. They look out for employment brand and appreciate the culture of inclusion and diversity in an organization. Gen Z always looks out for larger meaning and purpose. Mr. Raj talked about the changes that need to be brought in the traditional model of HR policies. He talked about a shift from individual performance management to collective performance management. He also talked about constant feedback system as opposed to yearly feedback mechanism.

Ms. Yamini Krishnan talked about how the panelists began their careers from paper-based models and graduated to dial-up connections at home and eventually ease of accessibility to everything in today’s digital world. On behalf of her organization, Ms. Yamini said that companies have to set expectations and give clear career paths to Gen Z. In terms of opportunities, Gen Z is willing to put in extra hours but is wary of seeing themselves cut off in their personal lives at the same time.

Dr. Yogesh Misra modified the theme of the discussion and urged that as a recruiter he would discuss on “Embracing Gen Z in the modern workplace”. He emphasized on the two perspectives of larger societal changes and the organizational changes while addressing Gen Z. The impact of social media on the well being of Gen Z was also focused upon. Dr. Yogesh said that in today’s world a consumer prefers the convenience of purchase through e-commerce websites. Gen Z would also have a similar consumer-like behavior when they would enter the industry. Gen Z has resources to compare through Google and hence Professors and Bosses are expected to be original and authentic.

Mr. Dilip Sinha talked about how jobs are getting lost and some jobs are getting created due to rapid development. Everyone is investing in technology because of a change in business structure to sustain the competition. He emphasized on describing Gen Z as the backbone of development and technology. Mr. Dilip touched upon the three aspects of ecosystem, functional engagement and behavioral dynamics in an organization to accommodate Gen Z.

The students of IIM Amritsar showed great enthusiasm during both panel discussions. The discussions were made highly interactive through a healthy Q&A session between the panelists and students. The Conclave successfully concluded on a high note at 5:30 p.m. in the evening. 

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IIM Rohtak: Induction Ceremony of the 5-year Integrated Programme for Management

IIM Rohtak IPM: Indian Institute of Management Rohtak organized the Induction Ceremony for the first batch of the 5-Year Integrated Programme in Management on 3rd August 2019. IIM Rohtak is the first IIM to launch an integrated BBA + MBA programme. The induction and orientation programme was spread over four days with distinguished guests, and eminent speakers from different domains interacting with students. 

iim rohtak ipm

Talking about the IPM Programme, Prof. Dheeraj Sharma, Director IIM Rohtak, said, “We, at IIM Rohtak focus on niche areas of management education that will benefit various sections of the society.  Taking this vision ahead, we introduced a full-time 5-Year Integrated Programme in Management for young students after 12th standard, who wish to excel as business professionals in their career.”

“This is an era of super-specialisation in every field. Therefore, through IPM program IIM Rohtak wishes to offer our nation super-specialist in the domain of management program.  This program will have a strong management curriculum to produce well-rounded management professionals who can serve the nation on a variety of platforms”, Prof. Sharma further added.

On the first day, Captain Abhimanyu, Cabinet Minister, Govt. of Haryana, graced the Induction ceremony of the pioneer batch of the Integrated Programme in Management at IIM Rohtak. He emphasised the importance of earning respect among peers through humility, knowledge, and communication. He inspired the students to explore the ever-changing world that is driven by innovative and metamorphic technology while also advising them to be conscious of their surroundings and their time. He encouraged them to create a unique identity for themselves.

Unique, interactive and insightful panel discussions were also organized for the young and new participants of IIM Rohtak with topics ranging from ‘IIM Culture’ to ‘Localization and Globalization in Business’.

On the second day, Shri Manoj Yadava, DGP Haryana, while congratulating the students and parents, said, “Life is a roller coaster, where you need to have your seatbelts on and mind focussed so that it doesn’t take you in a different direction.” A tree plantation drive was organised at the IIM Rohtak campus to symbolically represent the beginning of IPM course. The newly inducted IPM students participated enthusiastically in the drive. This marked a new start for both the institute as well as the students.

Lt. Gen. Syed Ata Hasnain, Chancellor, Central University of Kashmir steered the thinking of students in a new direction on the third day of the ceremony by sharing his experiences while sharing the Indian Army. He encouraged the students on how, even they can serve their motherland by becoming scholar warriors.

Even though being the first batch, it got an overwhelming response from the student community. Institute received nearly 9000 registrations for the admission process that included IPM Aptitude Test, Written Ability Test and Personal Interview. Hence, the first batch being inducted have participation coming from PAN India. Students from 22 states of India are joining the programme. Therefore, this will be a diversified batch with 35% of female students.

Distinguished guests of the likes of Shri Sanjeev Kaushal, Addl. Chief Secretary, Govt. of Haryana, Smt. Anju Sharma, Principal Secretary, Higher Education, Gujrat, Lt. Gen. Sanjeev Anand, Dr Nirmaljeet Singh Kalsi, Former Addl. Chief Secretary, Govt. of Punjab, Shri Vineet Gupta, Founder Ashoka University, among others graced the event and shared life lessons and principals of business that will make the foundation to the five-year-long learning for the young students.

IIM Rohtak is now well-established and well-respected in academia and industry. The only IIM in the Delhi-NCR region, it is the top management institute in the country. The institute aims to build the leaders of tomorrow by organizing various events like these to polish the skills of the students and keep them updated about the current trends in the industry, hence bridging the gap between industry and academia. 

Click here to know more about IIM Rohtak Review | Check out Top MBA Courses HERE | Top MBA Colleges accepting CAT scores 

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MICA Ahmedabad Review

MICA Ahmedabad Review: Your own most trusted and No.1 MBA Platform when it comes to credibility among MBA Aspirants and Alumni of top B-Schools, Career Anna, brings to you the flagship B-School Profile Series in a revamped format in 2019. We earlier brought to you FMS Delhi Review and MDI Gurgaon Review. On popular demand, we bring to you MICA Ahmedabad review by putting a comprehensive picture of the institute highlighting the pros and cons and concluding finally with Career Anna recommendation about the institute. Check out MICAT Coaching Course if aiming for MICA. 

MICA Ahmedabad Review

Prominent Courses

Institute Courses Offered

Residential Programs

  • Post Graduate Diploma in Management – Communications (PGDM-C)
  • Fellow Programme in Management – Communications (FPM-C)
  • One-year Post Graduate Certificate Programme in Crafting Creative Communication (CCC)

Faculty

  • MICA has some of the country’s most creative, innovative and credited faculty from the field of Advertising, Strategic Marketing, Communications, Digital Marketing, and Media.
  • There are about 25 core faculty and 7 adjunct faculty at MICA Ahmedabad coming from the top universities across the globe with vast industry experience.
  • More than 80% of them are Ph.D. holders from top universities.
  • Among specializations, there is a good spread across Communication, Marketing, Business Management, Economics, Media & Entertainment, and General Management and most of the faculty remain accessible, beyond the classroom. 

Infrastructure

  • MICA is located in the outskirts of the western Indian city of Ahmedabad with world-class amenities and facilities.
  • MICA Ahmedabad has a well-furnished and air-conditioned library with more than ten thousand national and international books and journals.
  • The air-conditioned campus also provides the students with recreational facilities and a large cafeteria.
  • Other facilities like hostels, gym, sports ground, conference room, auditorium, medical facilities, etc are also available for the students.

MICA Ahmedabad Fees

Fee for PGDM-C programme at MICA Ahmedabad is 19 Lacs. 

Check out MICAT Coaching Course if aiming only for MICA.

MICA Ahmedabad Placement Figures

MICA Ahmedabad Placement Review: Strong Points MICA Ahmedabad Placement Review: Weak Points
  • The MICA Ahmedabad Placement 2019 witnessed 78 companies participating in the placement process.
  • The Highest CTC offered went upto 58.20 LPA and the Average CTC stood at INR 12.80 LPA.
  • The highest number of offers were made in the FMCG and FMCD sector, and IT/ITES, Internet & Technology, and E-commerce sector, with 36 offers each.
  • With hundreds of companies coming on campus with a variety of job profiles, the placement process at MICA Ahmedabad gives students a lot of opportunities.
  • MICA Ahmedabad provides a plethora of opportunities. But nothing comes easy. With huge batch size, there is a cut-throat competition. 
  • Whereas the average salary offered is definitely low when compared to the top 20 B-school.

 

 

 

 

MICA Ahmedabad Review: Admission Process

The selection of the candidates for admission at MICA Ahmedabad is a three-step process:

  • Each candidate must have taken at least one of the three exams: CAT/ XAT/GMAT.
  • All candidates are assessed on MICAT, which consists of 3 sections and the psychometric test is a qualifier. Shortlist will be prepared on the basis of MICAT-1 and /or 2 or better of the two scores if a candidate has taken both MICAT-1 and MICAT-2.
  • All the candidates shortlisted on the basis of their performance in CAT/XAT/GMAT & MICAT shall appear for both Group Exercise (GE) & Personal Interview (PI). 

Career Anna Recommendation

MICA Ahmedabad Rankings 2018-19

MICA Ahmedabad is certainly among the top 10 MBA in Marketing Colleges which Career Anna recommends to students.

MICA Ahmedabad is rated highest for Advertising & Marketing Communications and if one is looking for MBA in Advertising or Marketing Communication, then MICA Ahmedabad is a must to be considered choice.

MICA is the only MBA college which offers micro specializations in Marketing and is rightly designated as Mecca of Advertising and Marketing Communications in India.

Career Anna gives 8 out of 10 rating to MICA Ahmedabad.

Check out MICAT Coaching Course if aiming only for MICA.

Check out Top MBA Courses HERE | Top MBA Colleges accepting CAT scores.

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Article 370 scrapped, Jammu & Kashmir to be carved into two Union Territories

Jammu & Kashmir Article 370 Scrapped: The Union government has announced its plan to scrap Article 370 of the Constitution that grants special status to Jammu and Kashmir, with an order saying “it shall come into force at once”. Jammu and Kashmir will now be governed by the laws applicable to other Indian citizens. Union Home Minister Amit Shah earlier today moved the Rajya Sabha, announcing the government has decided to repeal Article 370. The government has also decided to bifurcate the state into two Union Territories – Jammu and Kashmir, which will have a legislature, and Ladakh, which will be without a legislature.

Jammu & Kashmir Article 370 Scrapped: Highlights 

  • The government has decided to repeal Article 370 of the Constitution which grants special status to J&K.
  • Article 370 laid down that except for matters related to defence, foreign affairs, communications and issues specified in the Instrument of Accession of Jammu and Kashmir, Parliament needs the state government’s ratification for all other laws. So far, residents of the state lived under a separate set of laws, including those related to citizenship, ownership of property and fundamental rights.
  • Jammu and Kashmir will now be governed by the laws applicable to other Indian citizens.
  • The government has also decided to bifurcate the state into two Union territories – Jammu and Kashmir, which will have a legislature, and Ladakh, which will be without a legislature.

Know about Article 370

  • As per the Constitution of India, Article 370 is a “temporary provision” that grants special autonomous status to Jammu and Kashmir, including allowing it its own constitution.
  • Under Article 370, the central government’s ability to draft and enact laws affecting Jammu and Kashmir and its residents is limited.
  • The center needs approval from the state government for all legislation, with the exception of those relating to defence, foreign affairs, finance, and communications. 
  • Article 370 also consists of provisions that offer Jammu and Kashmir residents special rights and privileges, including preventing people from other parts of the country from buying land in the state.
  • Under Article 370, the centre can only declare an emergency in the state in case of war or external aggression; this rules out doing so for internal disturbances unless made specifically at the request of the state government.

Impact on the affairs of the state 

  • The announcement was immediately followed by a massive uproar in the Upper House with opposition MPs protesting in the Well of the House.
  • Back in the Valley, three of Jammu and Kashmir’s most prominent politicians – Mehbooba Mufti, Omar Abdullah, and Sajjad Lone are under house arrest amid a massive security-built up in the state.
  • Internet services and mobile services have been suspended in several places and all public gatherings are banned in Srinagar district as section 144 was imposed from midnight.
  • As per the order, there will be no movement of public and all educational institutions shall also remain closed. There will be a complete bar on holding any kind of public meetings or rallies during the period of operation of this order.
  • The strength of the security personnel has been increased around vital installations such as the civil secretariat, police headquarters, airport and various central government establishments in the city.
  • Barricades have been erected on many arterial roads, including the entry and exit points to Srinagar, the summer capital of the state.
  • Riot control vehicles have also been kept on standby in some areas where the apprehension of law and order disturbances is more, the officials added. 

Click here to know more such daily news update.

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IRMA Anand Admission 2020

IRMA Anand Admission: The application process for admission to PGDRM 2020 at IRMA Anand is likely to open in the last week of September 2019. IRMA offers the option to the candidates for shortlisting based on the profile or based on their CAT/XAT exam scores for the final selection round. The application process is completely online. The last date to apply is expected to remain as December 31, 2019.

IRMA Anand Admission: Highlights

Particulars Details
Course Offered Post Graduate Diploma in Rural Management (PGDRM)
Shortlisting Criteria Profile Based and Non-Profile Based
Scores considered for shortlisting CAT 2019/ XAT 2020
IRMA Social Awareness Test (IRMASAT) Only shortlisted candidates are eligible to appear
Mode of the exam Computer-Based Test

Click here to know more about IRMA Personal Interview Experience.

IRMA Anand Admission Eligibility

  • The candidate must hold a bachelor’s degree, with at least 50% marks (45% or above for SC/ST/Differently Abled Person) or equivalent CGPA.
  • To meet the IRMA eligibility criteria, an applicant must possess a strong and consistent academic background. Performance in 10th grade, 12th grade and graduation are considered in the IRMA selection process.
  • A candidate appearing for the final year bachelor’s degree/equivalent qualification examination and those who have completed the degree requirements and are awaiting results can also apply.
  • It is mandatory for a final year student, who is provisionally considered eligible by IRMA and offered admission, to complete all the requirements of graduation before the programme starts.
  • The applicant should have appeared in CAT 2019/XAT 2020 exam and must have scored minimum prescribed score in the entrance exam to become eligible for admission. 

Click here to know more about IRMA Anand Placements.

IRMA Anand Fees

The programme fee payable by PGDRM students at IRMA is INR 12.10 Lacs. Laptop computer, personal expenses on boarding, travel, clothes, and laundry are extra. The total programme fees for the 2020-2022 batch may increase after making the adjustment for inflations. 

IRMA Anand Intake

The flagship PGDRM 2020-22 batch at IRMA has an approved intake of 180 students.

IRMA Anand Cutoff

The admission criteria for PGDRM at IRMA has been changed. Now the shortlisting for final selection round will be based either on profile or on the CAT/XAT score, and only the shortlisted candidates will be able to appear in IRMASAT and GD-PI. IRMA gives higher emphasis on other quality parameters in its admission process. Accordingly, the B-school has not pegged the CAT, XAT score cutoff very high. The candidates above the minimum cutoff in CAT 2019/XAT 2020 will be considered for all the subsequent stages.

Entrance Exam Profile Based Cutoff percentile Non-Profile Based Cutoff Percentile
CAT 2019 80 85
XAT 2020 80 85

IRMA Anand Admission: Profile Based Shortlisting Criteria 

The applicants who are shortlisted on the basis of their profiles should also meet a minimum qualifying score in the entrance exam. Candidates who fulfill the following criteria are shortlisted for profile-based calls:

  • Graduation in Development, Agriculture, Dairy, Public policy, Sustainability, Veterinary Sciences, Food Technology.
  • Work experience in Development Sector, Dairy, Public Policy.
  • Excellence in Academics with graduation from Top Universities and Colleges.
  • Candidates who score above 80 percentile in CAT 2019/XAT 2020 and fall in the Profile based call criteria are eligible to be shortlisted for IRMASAT and GD/PI process. 

Click here to know more about IRMASAT Selection Process.

IRMA Anand Admission: Non-Profile Based Shortlisting Criteria

Applicants are also shortlisted separately with Non-Profile based Criteria for IRMASAT and GD-PI round: 

  • Candidates who score above 85 percentile in CAT 2019/XAT 2020 and fall in the Non-Profile based call criteria are eligible to be shortlisted for IRMASAT and GD/PI process.
  • Both IRMASAT 2020 and GD/PI process will be conducted at IRMA for shortlisted candidates.
  • Mere fulfillment of minimum eligibility criteria will not ensure consideration for shortlisting for the next stage of the admission process.

IRMA Anand Admission: Final Selection Criteria

  • All the shortlisted candidates are eligible to participate in the final selection round for admissions.
  • Shortlisted candidates will be called for the selection process at IRMA where they will have to take the IRMA Social Awareness Test 2020 (IRMASAT 2020), Group Activity and Personal Interview.
  • The final admission offer is based on a composite score, which takes into account the applicant’s profile, academic record, entrance test scores (CAT 2019/XAT 2020), Work experience (If any), Performance in IRMASAT,  Performance in Group Activity and Personal Interview.

IRMA is recognized not only as an institution of excellence in teaching and research but also for having successfully created the new discipline of rural management. IRMA’s Programme in Rural Management (PGDRM) prepares talented young managers to assume challenge-filled responsibilities in rural co-operatives and development organizations. The participants of this programme are highly valued in local, national and international cooperatives, NGOs, development organizations, and funding agencies. 

Check out Top MBA Courses HERE | Top MBA Colleges accepting CAT scores.

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NMIMS Hyderabad Review

NMIMS Hyderabad Review: Your own most trusted and No.1 MBA Platform when it comes to credibility among MBA Aspirants and Alumni of top B-Schools, Career Anna, brings to you the flagship B-School Profile Series in a revamped format in 2019. We earlier brought to you NMIMS Mumbai Review and NMIMS Bangalore Review. On popular demand, we bring to you NMIMS Hyderabad review by putting a comprehensive picture of the institute highlighting the pros and cons and concluding finally with Career Anna recommendation about the institute. Check out NMAT Coaching Course if aiming only for NMIMS.

NMIMS Hyderabad Review

Prominent Courses

Institute Courses Offered

NMIMS Hyderabad

  • Post Graduate Diploma in Management (PGDM)
  • Executive PGDM
  • Certificate in Business Analytics (CBA)

Faculty

Strong Points Weak Points
  • There are about 17 faculty at NMIMS Hyderabad coming from the top universities across the globe with vast industry experience.
  • More than 80% of them are Ph.D. holders from top universities.
  • Among specializations, the faculty distribution is highly skewed.
  • Compared to the other B-schools, the student-faculty ratio at NMIMS Hyderabad is very low. 

 

Infrastructure

  • The NMIMS Hyderabad campus is at Tarnaka and is easily accessible from the throbbing nerve-centers and IT hubs around the city.
  • Classrooms are Wi-Fi enabled along with audio-visual media and LCD Projectors. 
  • NMIMS Hyderabad has a fully computerized, well-stocked and air-conditioned library. 
  • A conference room/ MDP room with a seating capacity of 100 is one of the highlights of the Hyderabad Campus. 
  • The campus also provides the students with recreational facilities and a large cafeteria.
  • The hostel is located at a distance of 2 km from the campus and the hostels are well-equipped with modern facilities.

NMIMS Hyderabad Fees

The Fee for PGDM programme at NMIMS Hyderabad is 14.50 Lacs.

NMIMS Hyderabad Placement Figures

NMIMS Hyderabad Placement Review: Strong Points NMIMS Hyderabad Placement Review: Weak Points
  • The NMIMS Hyderabad Placement 2019 witnessed 40+ companies participating in the placement process making around 87 offers.
  • Some of the top recruiters were Shopclues, TVS, Himalaya, Oracle, Infosys, MuSigma, Tech Mahindra, etc.
 

  • Whereas the average salary offered was 12 LPA which is definitely low when compared to the top 20 B-school.
  • Also, most of the recruiters were tier 2 & tier 3 companies. 

 

NMIMS Hyderabad Review: Admission Process

The selection of the candidates for admission at NMIMS Hyderabad is a two-step process:

  • Initial shortlist is purely on the basis of NMAT Score. NMAT is the exam conducted by GMAC for the admission to different colleges which have agreed to accept NMAT Score.
  • Next round of admission process consists of Case Discussion / Writing Ability Test and Personal Interview, which will be held in the month of February/March. 

Career Anna Recommendation

NMIMS Hyderabad Rankings 2018-19

NMIMS Hyderabad is certainly among the top 25 MBA College options which Career Anna recommends to students.

High fee and average placements are the major setbacks for NMIMS Hyderabad. We recommend everyone to apply for it and convert the call. To join or not, can be decided later based on options in hand.

Career Anna gives 6.5 out of 10 rating to NMIMS Hyderabad.

Check out NMAT Coaching Course if aiming only for NMIMS.

Check out Top MBA Courses HERE | Top MBA Colleges accepting CAT scores | IFIM Bangalore Review | IMI Delhi Review.

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NMIMS Bangalore Review

NMIMS Bangalore Review: Your own most trusted and No.1 MBA Platform when it comes to credibility among MBA Aspirants and Alumni of top B-Schools, Career Anna, brings to you the flagship B-School Profile Series in a revamped format in 2019. We earlier brought to you FMS Delhi Review and MDI Gurgaon Review. On popular demand, we bring to you NMIMS Bangalore review by putting a comprehensive picture of the institute highlighting the pros and cons and concluding finally with Career Anna recommendation about the institute. Check out NMAT Coaching Course if aiming only for NMIMS.

NMIMS Bangalore Review

Prominent Courses

Institute Courses Offered
Full-time Post Graduate Programs
  • Post Graduate Diploma in Management (PGDM)
  • Post Graduate Diploma in Banking & Financial Services (PGDBFS)
Executive Programs
  • Executive PGDM
  • Post Graduate Diploma in Data Science and Analytics (PGDDSA)

Faculty

Strong Points Weak Points
  • There are about 37 faculty at NMIMS Bangalore coming from the top universities across the globe with vast industry experience.
  • More than 80% of them are Ph.D. holders from top universities.
  • Among specializations, the faculty distribution towards General Management and Human Resources is highly skewed.
  • Compared to the other B-schools, the student-faculty ratio at NMIMS Bangalore is very low. 

Infrastructure

  • NMIMS Bangalore has two campuses located in Bannerghatta and Koramangala with world-class amenities and facilities.
  • NMIMS Bangalore has a well-furnished and air-conditioned library. 
  • The air-conditioned campus also provides the students with recreational facilities and a large cafeteria.
  • The hostel is located at a distance of 4 km from the campus and the hostels are well-equipped.

NMIMS Bangalore Fees

The Fee for PGDM programme at NMIMS Bangalore is 14.50 Lacs.

NMIMS Bangalore Placement Figures

NMIMS Bangalore Placement Review: Strong Points NMIMS Bangalore Placement Review: Weak Points
  • The NMIMS Bangalore Placement 2019 witnessed 91 companies participating in the placement process.
  • Some of the top recruiters were Airtel, OYO, Honeywell, Yes Bank, Oracle, Infosys, IBM, Genpact, etc.
 

  • Whereas the average salary offered was 10.5 LPA which is definitely low when compared to the top 20 B-school.
  • Also most of the recruiters were tier 2 & tier 3 companies.

 

NMIMS Bangalore Review: Admission Process

The selection of the candidates for admission at NMIMS Bangalore is a two-step process:

  • Initial shortlist is purely on the basis of NMAT Score. NMAT is the exam conducted by GMAC for the admission to different colleges which have agreed to accept NMAT Score.
  • Next round of admission process consists of Case Discussion / Writing Ability Test and Personal Interview, which will be held in the month of February/March. 

Check out NMAT Coaching Course if aiming only for NMIMS.

Career Anna Recommendation

NMIMS Bangalore Rankings 2018-19

  • NMIMS Bangalore is certainly among the top 25 MBA College options which Career Anna recommends to students.
  • Huge batch size and high fee are the major setbacks for NMIMS Bangalore. We recommend everyone to apply for it and convert the call. To join or not, can be decided later based on options in hand.
  • Career Anna gives 7.5 out of 10 rating to NMIMS Bangalore.

Check out Top MBA Courses HERE | Top MBA Colleges accepting CAT scores | IFIM Bangalore Review | IMI Delhi Review.