Doctoral programmes in management |
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Unlike in the case of most International business schools, Management Research in India is still far from being widely pursued and encouraged. Earning a Doctorate or a research degree is not easy and it requires time and dedication. Lack of time, finances and commitment to research may be prime reasons why India has failed to produce a large number of research scholars despite its rich talent pool.
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Best of tejas@iimb – Event Write-up |
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The pioneer edition of “best of tejas@iimb” organized by tejas@iimb, an IIMB Management Review (IMR) initiative and knowledge portal, in association with its Knowledge Partner Infosys Ltd. was a grand success. The flagship event of tejas@iimb, aimed at bringing forth the best of knowledge generation process that happens in the first year of PGP course and showcasing the same in front of academia and industry, saw the five PGP1 teams battle it out at the Central Pergola on the 19th of October 2011 between 2:30pm and 5:00pm. The event was presided over by the jury consisting of two of the most eminent personalities from the corporate world, Dr. Simon Towers, GM/AVP, Center for Innovation for Tomorrow’s Enterprise, Infosys Ltd., and Mr. Deepak Swamy, Head, Corporate Product Strategy for Communication Service Providers, Infosys Ltd.
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45 Young Achievers make it to the ISB 'YOUNG LEADERS PROGRAMME' |
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The Indian School of Business (ISB) today announced the first cohort of its Young Leaders Programme (YLP) comprising 45 talented undergraduate students who have been chosen through a rigorous 3-stage selection process spanning seven months. A first of its kind initiative in India, the YLP will offer these students an opportunity to fast track their careers by awarding them pre-admission to ISB’s one-year Post Graduate Programme in Management (PGP).
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Cracking the NMAT |
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The NMIMS Management Aptitude Test (NMAT), which is conducted by the Narsee Monjee Institute of Management Studies (NMIMS) is scheduled across a window period of three months, starting from October 31, 2011 and ending on January 31 2012. The participants of this test can seek admissions for the following programmes namely the two year full time MBA Core programme, the MBA in Actuarial Science, MBA in Banking, MBA in Capital Market, MBA-HR, and MBA-Pharmaceutical Management at its three campuses in Mumbai, Bengaluru and Hyderabad. The total intake for all the programmes across the three campuses is 720. Out of the total number, international students who will be admitted to NMIMS based on GMAT scores this year will be eligible for 540 seats at the Mumbai campus.
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SPJIMR, Mumbai, IIMA and IIMC organized ‘Focused MBA Curriculum Redesign: Leadership Development’ |
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Business education has certainly been at crossroads and the academia across the world is scrutinizing the MBA program and finding ways to bridge the gap between management education and industrial needs. Prof. Srikant Datar (Arthur Lowes Dickinson Professor of Accounting, Harvard Business School) and co-author of Rethinking the MBA: Business Education at a Crossroads, has been working towards identifying these gaps. Prof. Datar has driven many national and international conferences aimed at structuring the MBA curriculum which includes the Conference at Tampa, Florida in March2011 and MBA: the road ahead, which was jointly hosted by IIM A & IIM C in July, 2011.
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Countdown to CAT begins |
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CAT 2011 is round the corner and many of you would be already feeling the jitters. As in the past two years, the CAT would be held across a 20-day window period between 22nd October and 18th November 2011 in test centres located in 36 cities. Bangalore has around 8 centers, Mumbai and New Delhi have four and five respectively, and Kolkata has three test centres.
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The Season 4 of IIM Shillong Golf Cup ends in Style |
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The Season 4 of IIM Shillong Golf Cup held on 8th and 9th of October started on a high note on early Saturday morning and ended with a similar feeling of elation and jubilation on Sunday afternoon. This season, around 150 golfers participated in the tournament making it a grand and remarkable success story.
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B Schools and the student exchange |
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A recent media report announced the conclusion of an extensive student exchange programme between IIM Bangalore and HEC Management School, Paris. Surprisingly, not only such international exchange programmes have been a common trend among most elite management institutes over the past decade, this particular exchange programme, between the IIM and the Parisian institute, has also been around for some time now. While HEC and IIM-B collaboration dates back to 2004, the two institutes entered a formal agreement for student exchange programme in 2009.
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Vista – Annual Business Fest of IIM Bangalore - October 3, 2011 |
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Vista, the 3-day long annual business fest of IIM Bangalore, concluded at one of the India’s best management institute. With ‘Be the Change’ as the theme, Vista 2011 was an endeavor to demolish the established citadels of management to bring about a new breed of thought leaders.
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Nokia India to deliver CK Prahalad Memorial Lecture |
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The first CK Prahalad memorial lecture, set up in memory of Michigan Professor who foresaw the power of ‘bottom of the pyramid’ will be delivered at TiECon Delhi 2011 by D Shivakumar, Managing Director of India’s largest multinational Nokia India on September 30, 2011.
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Great Lakes hosts ‘HR Conclave 2011’ |
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Great Lakes Institute of Management, a leading management institute, founded by Prof Bala V Balachandran, recently hosted ‘HR Conclave 2011’. Dr Ashok Chanda, Head – Strategy & Shared Services, GATI, delivered the presidential address at the Great Lakes Campus at Manamai. Satish Pradhan, VP – HR, TATA Sons gave the keynote address. Dr Ashok Chanda and Benedict Paramanand, Editor, ManagementNext Media & Publication released the Dr C K Prahalad Special Edition.
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Indian MBA Student Awarded with 2011 DAAD Prize |
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Every year, an HHL – Leipzig Graduate School of Management graduate receives an award for Best Foreign Student. Yatin Mulky (25) from India was recently awarded this year’s DAAD Prize, which comes with a monetary prize of Euro 1,000, in the presence of the Indian Ambassador, Sudhir Vyas, during the graduation ceremony in Leipzig.
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| MBA (Engineering) programme launched at CTAE |
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MBA (Engg) is a two year full-time programme. The course is specifically designed for engineering graduates with the elective specialisations of Production & Operations Management, Information Technology Management & Technology Management available to them to make a choice from.
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| Is it too late for Quant? |
| - Serena Kallian |
Do you have recurring nightmares where you are chased by complex numbers and math problems? Well it’s time to take a fresh look at this common fear. With the common admission test (CAT) looming near, one would wonder if this is the right time to start tampering with basic concepts and the answer to that is no. Revisiting the old concepts would only strengthen what you already know from the recent preparations.
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| BSE Training Institute partners with Ontario and Quebec provinces of Canada |
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The programme is scheduled to be delivered in October 2011.
BSE Training Institute Ltd., the wholly owned subsidiary of BSE Ltd., in collaboration with Toronto Financial Services Alliance & International Financial Centre Montréal, has announced an international finance programme “Global Exposure in Financial Markets - Destination Canada”, to offer exposure on financial markets of Toronto and Montréal, for the leading players from the Indian financial and capital markets. The program is scheduled to be delivered in October 2011.
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| The Verbal Ability Section |
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This comprises grammar as well as usage-based questions, verbal reasoning and reading comprehension. Consider usage-based questions.
Take a simple word like ‘HOLD’. It can mean anything from
- ‘Have a belief or opinion about something’-e.g.-He held strong views on Capital punishment.
- Telephonic-e.g. - Hold the line, she is coming.
- Truth- e.g. The theory held good for centuries.
- Ownership- e.g. The old man holds fifty percent of the shareholding.
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| Praxis launches PGP in Business Analytics with its knowledge partners PwC and ICICI Bank; course to commence in September 2011 |
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Your love for numbers can add up to infinite career opportunities with this 1-year full-time programme. The last date of receipt of completed application forms is September 8, 2011. Students will be shortlisted on the basis of an assessment test, followed by an interview with a panel comprising representation from Praxis, PwC and ICICI Bank.
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| Competence Not Strategy |
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Whether they like it not, test-takers are now going to have to spend 70 minutes on a section that might not be their strong point. With the implementation of sectional time limits the CAT will become a test of competence rather than strategy since test-takers can no longer take the test in a way that maximises the return on their strengths and covers their weaknesses.
For example, a test-taker whose forte is acing the Verbal Section of the CAT could have finished the Verbal section very quickly and allocate the surplus time to clear the Quant cut-offs. In the new format this is no longer possible. The test-taker has no option but to improve his attempts and accuracy in the Quant Section within the 70 min time-limit.
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| CAT 2011 - A Perspective on the changes in test structure |
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The Indian Institute of Managements (IIMs) recently announced a changed module for CAT 2011 exam. To be held from 22 October to 18 November 2011, CAT 2011 will now have only two sections:
- Quantitative Ability & Data Interpretation
- Verbal Ability and Logical Reasoning
The candidates will also be provided 15 minutes tutorials before the examination starts. Including the tutorials’ timing, examination will be of two hours and 35 minutes. Further, candidates will have 70 minutes to answer 30 questions in each section which will have an on-screen countdown timer. Once the time ends for the first section, they will move to the second and will no longer be able to go back.
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| “The curriculum has been designed keeping in view that a vast majority of students would have no prior exposure to the world of Finance and Risk Management” |
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…says Ashok C Mathur, the Course Coordinator and designer of ISCOM’s Post Graduate Programme in Risk Management. An MBA from IIM Ahmedabad with specialisation in Banking, Finance and Management Information SystemsMr Mathur has over 30 years of working experience. He has over 7 years of experience in software development and has spent some years in consulting in Production Management. He is also a founding faculty member of a bank's training college and has trained over 3,000 students there. In this exclusive e-interview with Sarita Kutty, Mr Mathur outlines the objective of the course and offers insights into what makes ISCOM’s PGP in Risk Management different from the others.
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| NSE & MD University tie up to launch MBA (Financial Markets) and BBA (Financial Markets) |
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The National Stock Exchange (NSE) & Maharshi Dayanand University (MDU), Rohtak have signed an agreement to launch a two year MBA course in Financial Markets and a three year BBA course in Financial Markets for the forthcoming July-August session.
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| Skills to study |
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One of the most important skills you need to develop as a university student is your ability to study. Although you may have developed effective study techniques in school, being at university poses some new and unique challenges. This article focuses on how to deal with the new challenges of studying while having enrolled for higher education.
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| The rise of the quintessential MBA |
| - Serena Kallian |
History has shown that institutions, which have been able to anticipate global changes and have been able to accept and adapt to the changes, have survived the test; while the others have become a part of the history.
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| Public policy management |
| - Serena Kallian |
Governance and public policies need to be influenced by the latest management practices today because of several factors like globalisation, private-public partnerships and collaborations, etc.
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| 25 days to CET |
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“25 Days to CET” a session laying emphasis on the techniques towards cracking the CET was organized by IMS at the Tardeo center on the 2nd of February 2011.
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| LIFE at ISBR |
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S.Harish kumar a 2nd Year MBA student specializing in HR and Finance gives us an insight to his day at ISBR Chennai.A B-School gives the projection for the student in the management field to introspect and evaluate, to learn and experience and of course to share and enjoy.
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| CRISIL grades education programmes at 20 B-schools |
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India, today, has a large number of business schools (almost 2,500). However, the quality of management education in India does not follow a normal distribution curve.
(Read more…)
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| IIM-A to set up fund for research on emerging economies |
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Premier B-school Indian Institute of Management, Ahmedabad (IIM-A) today said it has initiated the process of setting up a fund which shall provide support to research on emerging economies.
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| Harvard Business School launches fund for student startups |
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Earlier this month, Harvard Business School‘s Arthur Rock Center for Entrepreneurship announced the launch of the Minimum Viable Product Fund (MVP Fund), which will offer $ 50,000 in total awards to MBA student entrepreneurs over the winter semester.
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| Business Ethics and MBA |
| - Prof Amit Jain |
When we talk about business ethics in B Schools curriculum, almost all students and co-faculty are of the opinion that it is a good course to have but has no practical relevance. Their apprehension is based on the following two big assumptions. One that ethical issues occur only when a big incidence like Enron happens and thus not a part of daily business life and second that in case there is any such issues, people do not speak as they do not want to do so either due to greed or fear.
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| 5 days to the CAT |
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As Earl Nightingale says: "Don't let the fear of the time it will take to accomplish something stand in the way of your doing it. The time will pass anyway; we might just as well put that passing time to the best possible use."
It is important to understand that you have to use these 5 days optimally. You may think that burning the midnight oil will enable you to ace the CAT, but rest assured stressing yourself at this present juncture will cause more harm than good. This is the time for you to step back and review your level of preparedness.
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| A career in the pharmaceutical sector |
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The pharmaceutical industry in India has grown from a 4 to a 290 billion industry in a span of 30 odd years. It is today meeting about 80 percent of the country's drug requirements and is growing at 9 percent every year. With around 20,000 production units in the country the industry produces drugs worth Rs 18,000 crore. It also accounts for 2 percent of the world's pharmaceutical market and has an estimated market value of about $ 8 billion according to a leading job portal. In terms of total pharmaceutical production it has been ranked as number 4 and 13 in terms of value. The Indian pharmaceutical industry is highly fragmented and it has around 30,000 players, out of which 330 are in organised sector.
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Ace the CAT
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The English section in the CAT consists of -
Verbal Ability, Verbal Reasoning, Reading Comprehension
These are names of sections but there could be overlaps. The verbal ability section could have questions on jumbled sentences and summary or analogies, which are aspects of reasoning. Even Reading Comprehension questions are reasoning-based or occasionally vocabulary-based ones. Thus the objective is the same: to see how good you are at understanding concepts and how strong is your command over the language.pert.
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MET Annual Convocation 2010
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MET League of Colleges held the MET Annual Convocation 2010 on September 4, 2010. Kishor A Chaukar, MD, Tata Industries Ltd, was the Chief Guest for the Convocation. Other dignitaries who were present during the occasion included T R Doongaji, Former MD, Tatasons; Sunil G Karve, Founder Trustee and Vice Chairman, MET and Pankaj Bhujbal, Trustee, MET. The convocation was declared open by Sunil Karve, who is widely acclaimed as a prominent educationist and academia expert.
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Careers in the hospitality industry
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| - Serena Kallian |
The tourism and hospitality industry has been a fast growing sector in India. Around 4.4 million tourists visited India in 2009 says a report by the Indian tourism department. According to a business news website, India’s hotel industry growth seconds only to China in the Asia Pacific. As per a World Travel and Tourism Council data India ranks 18th in business travel and will be among the top five in this decade. The hotel industry is currently growing at the rate of 15 per cent, industry pundits predict this rate to skyrocket.
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Ace the CAT - Preparing for Math
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| - Serena Kallian & Suman Mendonca |
A typical three section CAT has two sections based on math viz, ‘problem solving’ and ‘data interpretation, data sufficiency and logical reasoning’. Though the approach while preparing for the CAT would differ from section to section, one would anyways need to have a good quantitative aptitude to excel in either of the sections.
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| SIBM Bangalore hosts Colloquium 2010 |
| - Serena Kallian & Suman Mendonca |
Symbiosis Institute of Business Management Bangalore (SIBM-B)'s much awaited event held on August 19, 2010, the Colloquium 2010 witnessed the who's who of the management academia brainstorming on issues of reforms and internationalisation of higher education and the future of management education. The event’s inaugural address was delivered by Dr Ramaswamy (Founder Director – IIM- B, Director of NGO Cartman).
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| A Career in Insurance |
| - Serena Kallian |
The insurance industry in India has never seen such vibrancy and choice like the present. If its history need be told then it should be mentioned that the insurance industry in India can be dated back to 1818 with the Oriental Life Insurance Company, Kolkata started by Europeans and today has come to be known as the Life Insurance Corporation of India. With this early beginning the insurance sector has seen all kinds of market trends starting with open competition, nationalisation and now liberalisation.
(Read more…)
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| The What and Where of Hospitality Management |
| - Serena Kallian |
For us Indians, hospitality has always been well ingrained in our cultural veins. It is therefore not surprising that it is fast becoming a lucrative and promising field for business here. Hospitality and the tourism industry is considered to be one among the most promising fields for a successful career world over.
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| Is Sports Management the right field for you? |
| - Gauri Puranik |
There has been a sudden surge of interest in the field of sports not just in cricket and its shorter format the 20-20 cricket but also the other traditional sports like football, tennis, badminton, chess, hockey (the national game) etc. This change of heart has been witnessed during the last couple of years.
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| 10 Must Read Books for MBA Aspirants |
| - Gauri Puranik |
We are sure that by now you must be reading a lot of business magazines and newspapers to keep yourself updated with the latest happenings in the field of politics, business, sports and world events. However, it will also help, if you start reading some good books at this stage. Reading books (fiction and non-fiction) exposes you to new events and experiences, unleashes your imagination and gives you that one tool with which you can go places – ‘knowledge’.
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| MBA Specials: Energy and Power |
| - Serena Kallian |
Specialized MBAs may or may not be here to stay. But one look at the different niche areas where the management education has penetrated will leave you astounded to find so many options available; be it agriculture, retail, pharma, fashion, energy, petroleum and power sector.
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| 10 Must See Movies for B-school Students |
| - Atasi Das |
Management Education is not just restricted to the books. You can learn management from experience, observation, and also through movies!! . True classic movies find their place in the ‘Hall of Fame’ because they are based on themes that really matter. We have compiled a list of such ten movies that you must watch especially when you are thinking about pursuing a management education. These movies will give you insights into leadership, teamwork, ethics, and success. Go ahead! Watch these movies and continue learning.
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| B-School Convocation 2010: What experts had to say |
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The annual convocation ceremonies were held across various B schools in India, a culmination of high-end management training and hard work. Students who passed out from their respective schools managed to take home along with their certificates, several words of wisdom from eminent professionals and stalwarts from the industry.
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| Understanding Supply Chain Management/Logistics |
| - Serena Kallian |
A general search on Supply Chain Management/logistics on the Internet will yield several definitions to it; and one is left wondering what most of the terms like inventory, purchase, delivery etc would mean. Supply Chain Management essentially involves the art and science of taking the raw material/product from its source to be delivered to the customer. Your everyday courier service not to forget is a fitting example of logistics.
(Read more…)
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| 'Open Course Ware': A Paradigm shift in educational landscape |
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Europe Asia Business School, Pune conducted a seminar addressed by Prof M. S. Vijay Kumar, Senior Associate Dean, MIT (Massachusetts Institute of Technology). Prof Vijay is also honorary advisor to India's National Knowledge Commission and has been an advisor to UNESCO on their strategies for open educational resources, open technology and policy.
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| How’z XAT? |
| - Sanmeet Sidhu |
