IIM BANGALORE SEEN A E D

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    IIMB

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    The word 'millennium' has begun to lose itsshine. To me, it's just a timeframe. Recognizingand managing shifting paradigms, albeit with thehelp of the enormous leaps of technology, is theneed of the hour. In my humble opinion, there

    are very few gospel truths in the field ofmanagement. Theories that snugly fit into oneframework today become obsolete the day after.Today, intense competition and increasing end-use assertiveness force businesses todrastically cut down their response time. Prove

    or perish, that is the call of the day.

    Let it be my privilege to welcome you to the world of II

    Dr. Prakash G

    Director, IIMB

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    The InstituteAfter 1947, the Government of independent India focused on the

    development of indigenous science and technology. As a technology base

    was being created, it became clear that the country needed to

    simultaneously augment management talent and resources. A response

    that lead to the creation of the Indian Institutes of Management in the

    country. The Indian Institute of Management Bangalore was established in

    1973.

    Building on the base of its highly accomplished faculty and motivated

    student body, IIMB has evolved into a premier centre for management

    education and research. The flagship Postgraduate Programme in

    Management (PGP) and Fellow (Doctoral) Programme in Management

    (FPM) are very highly rated and IIMB alumni occupy senior managerial andacademic positions across the globe

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    IIMB strives to achieve excellence through partnershipswith industry, and leading academic institutions, the

    world over. Located in Indias high technology capital,IIMB is a hub of innovative activity. For example,

    The Post Graduate Programme in Software Enterprise Management(PGSEM) launched in 1998 is a management education programme designed forthe specific needs of professionals working in the software and information

    technology industries;

    The Post Graduate Programme in Public Policy and Management (PGPPM)launched in 2002 is helping to hone policy-making and managerial capabilities ingovernment.

    The International Masters Program in Practising Management (IMPM), an

    international collaborative executive education program jointly offered by IIMBwith INSEAD, McGill University, Lancaster University and a consortium ofJapanese universities is globally recognised as a major innovation in executiveeducation;

    Established through a generous endowment, the N.S. Raghavan Centre for

    Entrepreneurial Learning (NSRCEL) at IIMB is a catalyst for entrepreneurialactivity.

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    Features of IMR -- IMR derives its unique positioning from itsblend of features. No other management

    ournal in the country currently offers such awide and balanced set of features.

    A blend of other features that explore associated fields that enrich bothmanagement education and practice.

    Our Interview feature seeks to elicit from business leaders unique andsuccessful practices that advance the practice of management. The

    Interview brings out critical learning's and conceptual implications for awide audience

    The Round Table brings together academics, policy makers andcaptains of industry who brainstorm on critical issues and extract multi-

    dimensional perspectives from chosen themes.

    Articles that are conceptually and methodologically rigorous, andpush the frontiers of management theory and practice in India.

    Book Reviews' that provide a window to new ideas in the world ofmanagement

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    Dear Friend,

    It is a matter of pride to the entire IIMB family that our Institutehas been consistently ranked among the top business schoolsin India and Asia. It is fair to say that the alumni havecontributed significantly to the growth in the stature of IIMB

    and for making known its reputation as a center for excellencein management education.

    During the summer of 2006, Anusmaran the global IIMB alumni meet was organized at12 locations around the world in Bangalore, Delhi, Mumbai, Kolkata, Chennai, Hyderabad,

    London, New York, HongKong, Tokyo, Frankfurt and Singapore.

    Our database is getting stronger but still leaves scope for improvement. We have about2800 email addresses against an alumni strength of over 5000. Alumni are encouraged towrite to us so that we can include you in our mailings.

    For the benefit of alumni who visit Bangalore, a room has been reserved in the hostel atthe campus. You are free to use this facility whenever you are in Bangalore. Besides thisseveral formal and informal interactions are planned for future. Your help and suggestionsare requested to further the activities of the Alumni Association.

    Mr. Saumil Majmudar has taken over as the President of the Executive Committee of IIMBAlumni Association from Mr. Ramesh Venkateswaran. Thanks to Mr. Ramesh

    Venkateswaran who has done an excellent job as President during his tenure. Prof. AshokThampy is continuing as Chairperson, Alumni

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    The two-year Post Graduate Programme in Management (PGP) is the flagshipprogramme of the Institute. it is designed to enable students to acquire the skills andcapabilities that will enable them to reach responsible Global positions in management.

    Developing skills in leading and teamwork is an important facet of the programme. Thisanticipates practices in many of today's successful organizations. The interactive skills ofeffective communication, conflict management, negotiation and mobilizing individualstowards common goals are the essential ingredients of effective management.

    There is a strong emphasis on project work as a part of the regular courses at theInstitute. While working on projects, students are required to interact with managers fromthe industry. A number of these projects are sponsored by organizations. On an average, astudent graduating from the institute would have carried out fifteen projects, usually live,involvin industr interaction and su ort.

    The number of applicants admitted to this programme is limited to around 240. theProgramme revolves around the principle that world-class business leaders are not mass-produced; they are nurtured and developed with personalized care and attention, in smallwork groups and teams, and in a practical, application-oriented user-friendly environment.

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    The post Graduate Programme lasts six trimesters,

    spread over two years, with a summer project in

    between the two years.

    The first year students are exposed to basic concepts in the areas ofMarketing, Finance, Personnel Management and Human Resources

    Management, Quantitative methods, Operations and Behavioral Sciencesthrough the 'core courses'. These lay the foundation for all the functional

    areas of management help develop problem solving skills.

    In the second year, students specialize in functional areas of theirinterest. There is greater emphasis on the application of knowledgegained in the form of projects, group exercises and case discussions.

    Guest lectures supplement regular course work while the core Business

    Policy and Strategy course integrates the learning gained from the first

    year basic disciplines. Students are encouraged to take up dissertation

    work and to do a project on 'Contemporary Concerns' under the

    guidance of faculty.

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    Overview

    Domestic candidates are admitted through the regular admission

    channel that is based on the applications received through the

    Common Admission Test (CAT) conducted by the Indian Institutesof Management (IIMs). Domestic candidates are Indian nationals or

    foreigners normally resident in India who are in a position to take

    the CAT, which will be conducted on the third Sunday of November

    every year, at various centers in India. These candidates are

    required to take the CAT, and if short-listed attend a groupdiscussion and interview, and provide three letters of reference

    from persons who know them closely in terms of their

    academic/professional performance. Final selection is based on

    performance in CAT, scholastic achievement, work experience,

    performance in the group discussions, written summary of group

    discussion, and interview, and three letters of reference.

    Domestic

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    February ? March, 2007Interview Schedule

    31st January, 2007Last Date for receipt of completed

    applications

    02nd January, 2007Call for interview sent by

    19th November 2006Common Admission Test

    03rd November, 2006

    Date after which IIM should be

    contacted

    (in case of non receipt of Admit

    Card)

    16th October, 2006Dispatch dates for Admit Cards

    09th September, 2006Last date for receipt of completed

    CAT Applications

    Important Dates for Session beginning June-July 2007

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    EligibilityThe candidate must hold a Bachelor?s Degree, with at least 50% marks or equivalent CGPA [45% in case of the

    candidates belonging to Scheduled Caste (SC)/ Scheduled Tribe (ST) or Persons with Disability (PWD) category],of any of the Universities incorporated by an act of the central or state legislature in India or other educationalinstitutions established by an act of Parliament or declared to be deemed as a University under section 3 of UGCAct, 1956, or possess an equivalent qualification recognized by the Ministry of HRD, Government of India. The

    Bachelor?s Degree or equivalent qualification obtained by the candidate must entail a minimum of three years ofeducation after completing higher secondary schooling (10+2) or equivalent. The basis of computing the

    percentage obtained by the candidate in the bachelor?s degree would be based on the practice followed by theuniversity/ institution from where the candidate has obtained the degree. In case of the candidates being awarded

    grades/CGPA instead of marks, the equivalence would be based on the equivalence certified by the university/

    institution from where they have obtained bachelor's degree. In case the university/ institution does not have anyscheme for converting CGPA into equivalent marks, the equivalence would be established by the IIMs by dividingobtained CGPA with the maximum possible CGPA and multiplying the resultant with 100.

    Candidates appearing for the final bachelor's degree / equivalent qualification examination can also apply. Suchcandidates must produce a certificate from the Principal/Head of the Department/Registrar/Director of theuniversity/ institution certifying that the candidate has obtained 50% marks or equivalent (45% in case of

    candidates belonging to SC/ST/PWD category) based on latest available grades/marks. Such candidates, ifselected, will be allowed to join the programme provisionally only if they submit a certificate latest by June 30,

    2007 from the Principal/Registrar of their college/institute (issued on or before June 30, 2007) stating that theyhave completed all the requirements (the results may, however, be awaited) for obtaining the bachelor's degree/equivalent qualification on the date of issue of the certificate. Their admission will be confirmed only when they

    submit the mark sheet and a certificate of having passed the bachelor's degree / equivalent qualification referredto in the certificate issued by the Principal/Registrar with at least 50% marks (45% in case of candidates belonging

    to SC/ST/PWD category). The deadline for submission of the mark sheet and the certificate is December 31,2007. Non-fulfillment of this condition will automatically result in the cancellation of the provisional admission. IIMB

    would not allow any candidate to join their programme in case the candidate is unable to complete all therequirements for a bachelor degree on or before June 30, 2007.

    All domestic candidates are required to take the CAT.

    A li i P d & S l i

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    The CAT advertisement usually appears in daily national newspapers across the country in middle of July. Applying forCAT is the first step in the process for seeking admission to the Post-Graduate in Management at IIMB. CAT bulletins areavailable at several branches of the UTI Bank. The bulletin contains, among other information, the CAT Application Form.Carefully complete all items relevant to you in the form with a pen and mail it to the relevant IIM by the required date, with

    necessary attachments such as caste certificates or disability certificates, if required.

    The candidates can purchase application forms alternatively online, the details of which is mentioned in the advertisement.Candidates who buy application from UTI branch are also eligible to fill out their application online; subsequently the

    candidates is required to take print outs and attach necessary documents and submit it to relevant IIM.An interactive voice recorder system is expected to be operational from late July 2006 to answer any queries regarding

    application as well as admission status. The details including phone numbers is available in advertisement.

    The Common Admission Test (CAT-2006) will be held on November 19th, 2006.

    Candidates are short listed for the interview on the basis of their performance in the CAT, scholastic achievement and

    relevant work experience. At this stage, the short listed candidates are sent application forms to formally apply to the PostGraduate Program (PGP). Once the formal applications are received, candidates are informed of the interview schedule.

    Interviews are conducted at Bangalore, Calcutta, Mumbai, and New Delhi during the second half of March.

    Final selection is based on performance in CAT, scholastic achievement, work experience, and performance in the groupdiscussion, summary of group discussion and interview, and three letters of reference.

    The CAT score is but one of the inputs at every stage of the selection process. It is possible for a candidate with a lowerCAT score to be selected for interview and group discussion, and to be offered admission in preference to a candidate with

    a higher CAT score on account of better performance in other criteria mentioned above.

    If a candidate, or someone else on his/her behalf, attempts to influence the selection process by any means at any stage ofthe process, he/she will be barred from the selection process. Further, if a candidate produces false information at any

    stage in the application process, he/she will be barred from the rest of the process. Every claim made in the application, atthe time of taking the CAT and in the subsequent formal application to IIMB, will have to be supported by formal

    documentation at the interview and registration stages. IIMB retains the right to verify the authenticity of any document thata candidate might provide. If information submitted is found to be false, at any time even after a student is admitted to the

    programme, he/she will be asked to withdraw from the programme.

    All disputes, if any, emerging out decisions related to the post graduate programmes of IIMB during the admission processand the duration ofstudentship will be subject to the jurisdiction of the courts in Bangalore.

    Application Procedure & Selection

    F d E

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    Fee for tuition, room, boarding, teaching material, computer facilities, and other feesfor a single student living on the campus for the batch 2007-2009 is likely to beRs.1,75,000 per year. Personal expenses on travel, clothes, laundry, etc. are extra.

    Fee and Expenses

    Financial Aid

    IIM Bangalore is committed to ensure that no PGP student faces any difficulty inpursuing education at IIMB for want of financial resources. In pursuance of this policy,the Institute will provide financial aid to all needy students in the form of tuition waivers.All students whose annual household income is below Rs 2,00,000 will be eligible toapply. Students belonging to SC/ST categories will be given special consideration for

    financial support. Additional support to cover living expenses may also be provided, inexceptional cases.

    Educational loans are also available from leading banks. Students applying for bank loanare also eligible to apply for financial aid.

    Some Second-Year students are selected by instructors to provide tutorial assistance toFirst-Year students in selected subjects. Such selected tutors are paid an honorarium.

    In addition, a limited number of merit-based awards are available from some sponsors topartially or fully support student expenses. Awards are currently available from the Ratan

    Tata Trust and the Aditya Birla Group. A merit-cum-means scholarship from BhartiEnterprises is also available.

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    Overseas

    Overview

    Overseas candidates are admitted through direct applications. Overseascandidates are Indian nationals or foreigners with valid passport or travel

    document residing outside the India and not in a position to take the CommonAdmission Test (CAT) conducted by the Indian Institutes of Management atvarious centers in India. These candidates are required to take the GraduateManagement Aptitude Test (GMAT) and have an official result reported to the

    Indian Institute of Management Bangalore (IIMB). The GMAT code number forIIMB is 7036. Final selection is based on performance in GMAT, scholastic

    achievement, work experience, and three letters of reference.Last Date for receipt of completed application : February 17th, 2007

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    Overview

    Increasingly recognized by recruiters, competitors, alumni, students and faculty alike, as India's mostinnovative and internationally oriented business school, IIMB is steadily improving its ratings among thetop ten business schools in the Asia Pacific region. Its academically strong and multi-talented students

    score over nearly 50000 other applicants to get selected.

    Many IIMB graduates go through a substantive international experience as exchange students at the topschools of North America, Europe and Australia or in their summer assignments in North America,Japan or Europe or in an innovative new course that requires work at Singapore and Bangkok. It is thisrich and varied educational experience and international cultural and corporate exposure that makesIIMB graduates ideal candidates for taking up a range of challenging managerial roles in yourorganization.

    IIMB graduates go through a recently revised, balanced but rigorous program that ensures a completecoverage of core courses in the first year and a large range of optional courses in the second year,offered by a faculty who have substantive international teaching, research or consulting experience.IIMB is recognized for pioneering new types of courses and revising its curriculum frequently to keeppace with new trends worldwide in educational pedagogy. Apart from course work, students build theirmanagerial skills and perspectives by conducting consulting assignments for local firms and interactingextensively with executives who speak at industry interaction forums and invitation seminars oncampus.

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    Ans. Yes, admission to FPM is through CAT exam

    Ans.You are awarded the title 'Fellow of IIM Bangalore'. FPM isequivalent to a Ph.D. programme.

    Q1. Do I have to take CAT for getting admission in to

    FPM?

    Q2. What's the degree/title that I get at the completion of the

    course?

    Ans.One usually takes 4-4.5 years to finish thesis work. Andhence gets the degree usually in 5th year's convocation. But one can

    start working after thesis work is completed. Total maximum allowed

    time to complete FPM is seven years.

    Q3. What's the average time to complete the course?

    Ans. You have to apply for a specific area. Area to which you

    have applied will decide on your suitability for admission. You cannot change your area of enrolment once admitted.

    Q4. Do I apply for a specific area or can I choose my area

    after getting admission?

    Q5 I t d ti f i d l il bl ?

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    Q6. I think I might need more money to sustain myself. Are

    there some avenues available other than stipend?

    Q7. What about placements?

    Ans.Either you can join teaching in one of the managementschools, offers for which are plenty or you could join corporate after FPM.

    You can go through the PGP placement process if u want at the time ofgraduation. Generally people over these 4 years make sufficient contacts

    in the industry so that they have no problem with placements. To give you

    an idea, last year (Feb 2000), 4 FPMs appeared in the placement process

    and got placed with various companies along with PGPs. HCL Info

    systems, Planet Asia, BCG (New York) etc... There's no specificplacement services for FPMs separately.

    Ans. What generally happens is if you are proactive, you can getprojects to do with the faculty who are consulting to some outside

    organizations. And maybe sometimes on your own as well you can get

    assignments. Also, some FPMs every year also get to be the

    teaching/grading assistants for various PGP courses. So that's anotheravenue of income.

    Q5. Is separate accommodation for married people available?Ans.Right now there's no provision for such accommodation. We

    are working on it, though.

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    Management Review invites corporate, institutional and

    products or services advertisement.

    25% discount available in case of single orders for atleast four

    full page insertions during a twelve month period of 4 quarterlyissues of the Review. A 30% discount will be offered in case of

    orders for two years, eight full page insertions. This can be used

    in any combination during the contract period, for example, one

    page each in four issues, or four pages in one issue or any other

    such combination.Advertisement material may be sent in as bromide artworks or

    positives. You may also send your artwork by email. In case you

    want to send your artwork by email kindly download the form and

    send it as an attachment to [email protected]

    mailto:[email protected]:[email protected]
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    Business success or failure is largely dependent on how the various

    functional areas in management are combined to produce and deliver value

    to different stakeholders. This integration of functions is taking place in a

    continuously changing and complex environment. The Corporate Strategy& Policy Area (CSP) deals with issues related to the formulation and

    implementation of management and change strategies as organizations

    strive to remain successful and grow in an increasingly complex,

    competitive and globalised world. It is therefore interdisciplinary by nature

    and requires an understanding of all functional areas.

    The Area is well endowed in terms of faculty resources for dealing with

    these complex problems. The areas of research interest of the faculty in

    the CSP Area cover the entire spectrum of problems that affect the

    globalised businesses of today. Apart from the core area of strategic

    management these areas include international business, strategic

    alliances, new product development, and the management of technology& innovation.

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    Faculty in the Finance and Control (F&C) Area have research, teaching

    and consulting expertise in financial accounting, managerial accountingand control, corporate governance, corporate finance, capital markets

    (including equity, fixed-income securities and derivatives), and financial

    institutions and services (including banking and insurance).

    In the Post-Graduate Programme in Management, the F&C Area offers

    compulsory courses on managerial accounting and corporate finance, inthe first year. The Area offers a large number of elective courses in the

    second year covering: corporate finance, financial markets, financial

    institutions, project financing, accounting and control, corporate

    governance, and taxation. The Area is similarly involved in the Post-

    Graduate Programmes in Software Enterprise Management and Public

    Policy and Management. The area offers Financial Economics-I andFinancial Economics-II, and Accounting Theory to doctoral students.

    Area faculty offer several executive education programmes intended for

    finance professionals. The Area faculty is also involved in a number of

    other domestic and international executive development programmes

    offered by IIMB.

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    The Economics and Social Sciences area covers the domains of

    Economics, political economy and society and Business Law.

    The faculty specialise in the following fields:

    Economics:

    * Micro economics, Monetary Policy, Econometrics, industrialorganization, Regulation and Privatization

    Macro economics, International Trade, WTO, IPR Development,

    Health and population, Gender

    Financial Economics, International Finance, International Monetary

    Economics

    Environment, Energy and Infrastructure (Electricity, telecommunications

    Social Sciences:

    Political economy, Sociology

    Ethics, Spirituality, Innovation and Creativity

    Law

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    IIM Bangalore has the strongest Marketing Department among the leading

    management institutes in the country. Its nine full time faculty with a

    combined academic and international experience which combines

    experience and youth. All the members in the Area have industryexperience, prior to their doctoral work or before joining academics.

    Faculty of the area have obtained Ph.D. / Fellowship from leading

    institutions in India and abroad. The marketing faculty in the Institute has

    engaged in research and are offering post graduate courses in the area of

    Brand Management, Product Management, Business to Business

    Marketing, Competitive Marketing Strategy, Consumer Behavior, GlobalBranding, International Business Negotiations, Marketing Theory,

    Customer Relationship Marketing, Services Marketing.

    The members are also actively involved in various industry and corporate

    forums through participation in seminars, workshops and as professional

    members on the Corporate Boards

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    The faculty, well-known and highly respected in their respective

    academic fraternities, is really what distinguishes IIMB from the

    other business schools. They are drawn from among the best

    minds in the country, especially in the fields of Strategy, Finance,

    Economics, Marketing and Operations, and share among

    themselves a wealth of industry experience. This affords the

    Institute an extensive network of contacts which are instrumental

    in getting consultancy assignments, live student projects and

    industry inputs so essential to quality management education. Thefaculty includes acclaimed scholars and award winning professors

    drawn from all management disciplines. The eclectic blend of

    faculty, academicians, researchers, and professionals drawn from

    India and abroad, with their fund of managerial expertise, gives

    IIMB a unique professional standing in the country

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    SRINIVAS.D SRIKANTH.L.K

    NANDISH VARUN PUNEETH.L

    PREPARED BY

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    THANKS TO VIEW THE SHOW

    A VERY THANK FULL TO Mr.SHARATH sir

    LECTURE IN

    DEPARTMENT OF

    COMMERCE

    MAHAJANA FIRST

    GRADE COLLEGE

    MYSORE

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