Monday, July 28, 2008

Six weeks at XLRI

Six weeks have passed by and it feels to be just one week of sort. Thats the busy schedule which the Professors here have for you. Not a single day passes without an assignment, case study, or quizzes. Incidentally on the very first day GMPians evolved a live case study from their own batch; discussed it to the core and already have built into a professional case study for future MBAs to crack. To learn swimming you jump into the water first seems to be the moto at XLRI. Whereas in other B-schools grads study how to solve a case, GMPians rather evolved a new case itself. Eleven sessions and you have already completed around 400 pages of a text book. Seven such subjects make for a term and within three weeks from now we are going to have the end term exams. Seems too tiring but when the going gets tough the tough gets going. Though not tough I am enjoying the days out here.
A great adventure trip of three days that included an enterprising interaction with the first Indian lady Everester Bachendri Pal. Three days of fight with the rocks, caving, leadership & team building strategic games; water rafting; living in tents were the order of the day. One would really enjoy the trip to the maxim.
Then when the government was hanging on its Nuclear Deal, GMPians were visiting a Uranium Mine around 350 metres down the surface of the earth as part of the Industry interface as part of the programme. Six weeks has passed by and GMP has already started to make its reverberations in the Industry and among its peers.

Sunday, June 1, 2008

COUNTING DAYS..........

Just ten days to board the train to XLRI. Was busy the entire week in purchasing for the one year at XLRI. Before leaving, there were lot other things to be done at home. I had to sell of my vehicle as nobody else would be using it hereafter. Arranging the things and guiding my family members for handling day to day activities viz., payment of bills, banking transactions etc. etc. were the utmost priority these days. The train ticket which was on waitlist till date has been confirmed. That part of tension is over for now. Just counting days now on..........

Monday, May 26, 2008

XLRI Expanding its Network

Grenoble Ecole de Management, France ties up with XLRI

Grenoble Ecole de Management signed its sixth partnership in India, this time with Xavier Labour Relations Institute (XLRI), Jamshedpur.
This partnership will involve student and faculty exchanges and a joint development of Executive Education. Students from Grenoble Ecole de Management will have the opportunity to study for six months at the XLRI while their Indian counterparts will come to experience the student life in Grenoble, located in the heart of the French Alps.Mark Thomas, Director for International Affairs at Grenoble Ecole de Management, said: “It is part of our mission to expand the school across borders and we aim to work with Indian organisations as we do with our other international partners to develop several of our key objectives including training managers through Executive Education programs and working with local industries.“Indian academic institutions are continuing to greatly open up internationally, and we are keen to grasp these opportunities and establish yet more worthy partnerships.”



courtesy: http://www.paagalguy.com/

Sunday, May 25, 2008

One Year Management Programs - the real MBA

I am just posting an article that has been published in goergo.in regarding the one year Management programs and how they are catching up compared to the two year ones. XLRI has been the pioneer in launching the one year Management Programme - the GMP and it is now the fastest growing in terms of the number of seats. Very First year when it was made open for all (earlier it was only a sponsored program) it had about 30 students, increased to 60 in the second year and currently increased to about 120 this year. Clearly leading the group in analysing the rich potential of the prospective students and XLRI takes a minimum of five years of experience and the current batch average works out to be about 7.5 years of experience. Read on....

Never too late to get back to classroom
By Liffy Thomas
“Why the heck should I continue with a job that keeps me busy from 9 a.m. to sometimes till two the next morning?” That was a frustrated Pradeep Kumar venting his woes on his two-year stint as Product Analyst with a leading BPO, his first job that he bagged through campus placement at Hindustan College of Engineering.
Twenty-four-year-old Kumar is a happy and relieved man today. He got his much-needed break from work by enrolling himself in a one-year Executive MBA Programme with Chennai Business School (CBS). “You are lured by the fancy pay packets when you are fresh out of college.
But, after working for a couple of years I realised what my interests were,” says Kumar, who will soon be starting his next stint with Marg Constructions.
He is no exception among the increasing number of professionals taking up jobs young. A one-year break from work is the easiest and quickest way to gain a Management degree as well as get a break from the monotony of office hours.
Today, one-year Management programmes are getting popular among young professionals with a minimum of two to three years of work experience. They are ideal for those looking to enhance their careers without a long hiatus from work.
In fact, a majority of MNCs have tie-ups with B-Schools, where a batch of professionals with five and more years of experience is sent to hone their managerial and leadership skills. And if you are a little younger in the organisation, executive programmes tailor-made to suit industry requirements are being offered in a number of premier institutions.
IIM-Lucknow, for the first time, has introduced a one-year full-time residential executive programme in International Programme in Management for Executives (IPMX) at its Noida campus recently.
“There is a huge demand for such educational programmes. We have students who are ready to leave their comfortable jobs to hone their skills,” says Prof. Punam Sahgal, Dean, Noida Campus, and Chairperson, IPMX.
IIM-Ahmedabad is equally impressed with the momentum its one-year MBA programme has picked up. “It’s just our third batch and without much publicity we have been getting students,” says P. Chandra Bose, Programme Secretary, IIM-A. From 60 students in the first batch, the seats were increased by 18 in the second.
XLRI-Jamshedpur, ISB-Hyderabad and S.P. Jain Institute of Management, to name a few – also offer similar one-year Management degrees. So have one-year Management programmes become the order of the day? Will they replace the traditional two-year programmes?
“I prefer to say that it is a trend that is catching up,” says L.S. Ganesh, HOD, Management Studies, IIT-Madras. While IIT-M does not offer a one-year programme, Ganesh does not rule out the possibility in the near future.
“Ours is a fairly young programme and for now we are concentrating on it,” says Ganesh, adding, “One-year programmes will play a large role in the years to come, but this will not displace the traditional two-year model.”
The binding factor in all these programmes is that it is rigorous and challenging. It encourages learning beyond the classroom. Good for faculty and guest lecturers, too, as students tend to appreciate the course better.
As ISB says in its website, “You learn not just from the faculty and peers, but also from successful leaders and entrepreneurs who frequently visit the campus.”
In addition, a one-year programme has a great advantage over a two-year programme because of the tremendous savings in opportunity costs.
What is also interesting is the changing profile of students who enrol for these degrees. In a majority of these programmes, 70 per cent comprise students with some or the other industry experience.
“For our second batch, we had 28 students from the IT/ITeS background enrolling with us,” says Prof. R. Sathyanarayanan, Head, Marketing and Marcom, CBS.
Also, it is the top brass from the industry who conduct interviews to select the right candidate. IIM-L, on the other hand, has 46 students in the first batch. Around 45 per cent come from IT and technical backgrounds, while the rest belong to sectors such as telecom, power, banking, finance and defence. It’s never too late to get back to the classroom.

courtesy: www.goergo.in

Saturday, May 24, 2008

Tough Days Ahead...

Sorry for the long wait in post. Today I had a small pep talk with one of our seniors regarding the classes and other modalities out there in XLRI. Was amazed to hear that the classes starts as early as 0830 hours (should get up early now-- or shift my sleep to classes) and it might go upto 2130 hours in the evening during the first two terms. It would be quite hectic he says. There would be one hour for lunch and two hours in the evening 1600- 1800 hours for sports. Depends on the professors, they might take classes during the sports break also. Laptops have to be carried to classes during the first two terms and so he advised to have a back pack. Laptops at the rooms are a must as all instructions are forwarded through mail from professors. XLRI gives the best of its resources for GMP and the students are considered to be quite different from the other programmes and the best of the faculty is also earmarked for GMP. Lots of activities and tough days would be the order of the day.

Thursday, May 22, 2008

Placement Reports & Reservation Conundrum

Comprehensive Placement Reports of the year 2008 has been published by www.coolavenues.com. Though it considers the flagship programs of various institutes, one thing is quite emerging out of it, that is XLRI has kept its position as the No. 1 Private Management institute. The Placement Report compares the placement statistics of various two year courses of the IIMs with the top private management institutes. XLRI has jumped up its position and is ahead of various IIMs in case of placement and the number of offers made. IIM Ahmedabad is seeing a fall in its international offer figure whereas IIM Calcutta is catching up. The year 2009 might be worse for the IIMs as institutes like XLRI and SP Jain would march ahead as the issue of reservation might detract recruiters from the IIMs. Though the IIMs have increased the number of seats to take in the Other Backward Classes, the fact is that Management is taught not merely in the classrooms whereas a large part is through mutual interaction of the peer group and the faculty members. If the IIMs have downgraded their quality for keeping the reservation intact, it is going to affect their overall standard of interaction. The brand name of the IIMs may help them -- but to what extent one has to wait and watch till the next placement season.

S N Nair

Also visit me at www.nairshearsay.blogspot.com

Monday, May 19, 2008

Meet of Delhi GMPians

The first step to moving together to XLRI had begun. I had a meeting with my fellow peers from Delhi this Saturday. They were ten of them altogether at a mall in Gurgaon. After the casual introduction, we were soon busy discussing on the future course of action such as forming various clubs once we reach XLRI depending on the various sectors the students are interested to join. Ideas kept pouring on the various issues viz., Placement, Groups formation, Activities. It was very interesting to know that my fellow GMPians were fully energetic and packed with ideas and plans to augment the program. Over a cup of coffee we spent about two and half hours of brainstorming session. The next ten months would be very interesting if these discussions are any precursor.

GMP Placement Report for 2007-08 Batch

XLRI has received an overwhelming response from the industry for its one-year full-time general management programme (GMP). Its batch of 53 participating students received 101 job offers from 54 Companies, as against 23 Companies last year.

The average salary of the batch, for global and domestic assignments, which stood at $1,30,000 and Rs 17.8 lakh respectively, is around 20% and 30% more than what the last GMP batch was offered.

The highest domestic offer made this year stood at Rs 33.8 lakh...(Offers made for) "posts like director, associate director, chief manager, managing consultant, strategic account manager offered to the candidates clearly highlight the potential of the participants."

The batch also witnessed a good mix of participating Companies from diverse sectors such as banking, energy, IT, consulting, manufacturing, steel, real estate and telecom, with Companies such as Arcelor-Mittal, Reliance ADAG, Jindal Steel, DLF, Tata Communications, Cairns Energy, L&T being some of the major recruiters.

Among the consulting firms participated in the recruitment process were McKinsey, Accenture, IBM S&C, ICRA Management Consulting (IMACs), TCS Global Consulting, KSA Technopak. Prominent banking & financial sector participants to pick up students were Axis Bank, SBI Capital, ICRA, etc.

IT/ITES majors HP, Cognizant, Satyam, Wipro, Inautix, Hexaware and Genpact also recruited according to their needs.

XLRI, which has plans to increase its student intake for its GMP from the next batch, also plans to include international options for students from the tieups the B-School has with major universities around the globe.

"With just two years of organised placement support from the institute, the GMP has firmly established itself as a source of quality talent for recruiters," said Uday Damodaran, XLRI placement chairperson, adding that a number of recruiters have personally expressed their satisfaction with the quality of the participants.

Books written by XLRI Faculty

hi folks,

These are the books written by our faculty members. Thought if anybody can put their hands on to them before reaching XLRI.

A.K. Pani, E-Procurement in Emerging Economies: Theory and Cases, Idea Group Publishing, Hershey, USA (2007)

Pitabas Mohanty, Principles of Corporate Finance, Tata McGraw-Hill Publication, 2007.

P.K. Padhi, Labour and Industrial Laws, Prentice Hall of India, New Delhi, 2007.

Vishwa Ballabh, Institutional Alternatives and Governance of Agriculture, Academic Foundation, New Delhi, 2007.

Ramachandran, N & Ram Kumar Kakani, Financial Accounting for Management (2nd Edn), McGraw-Hill Series, McGraw Hill Education, July 2007.

Ram Kumar Kakani & Tanmoy Chatterjee, Instructor’s Manual for Financial Accounting for Management (2nd Edn), McGraw-Hill Publications, July 2007.

S. Jayapandian, Accounting for Managers, Anne Books, India, 2007.

Sanjay Kumar, Decision Sciences and Technology for Globalization (co-edited with B S Sahay, J N D Gupta, S Batra and Sushil Kumar). Allied Publishers, New Delhi, 2008.

M.G. Jomon, India in the Emerging Global Order (co-edited with Prof. Amar KJR Nayak), Tata McGraw-Hill, 2008.

Vishwa Ballabh (Ed.) Governance of Water: Institutional Alternatives and Political Economy, New Delhi, Sage, 2008

Tuesday, May 13, 2008

Joining Anxiety

Its a long time since we last met. Was busy arranging the resignation from current service and settlement of issues. Waiting for the resignation to be accepted. Tickets to Jamshedpur booked. Boarding the Sampark Kranthi (revolution) on June 10th. Really this should be a revolution in my life as putting in 10 long years and then quitting service for continuing education once again. Many at the office were sceptical about the usefulness of this course. I had one line answer - XLRI would speak for itself - Wait and Watch. I am of the firm opinion that persons who take risk in their life at the right moment never had to turn back. Hope this is the right moment for me. Joining anxiety has gripped the entire GMPians across cities (from their blogs/forums). People are worried about the accommodation facilities, the GMP calendar (holidays etc), Placement opportunities, laptops, meeting with the seniors etc. Valid worries ofcourse. I have spent the last two week spending quality time with my family - my kids. Taking them out and enjoying each moment. Ten months is a great gap for a person who has spent his last ten years with his family. Go with a fresh and open mind to observe, learn and build up your profile in the next ten months - thats what I feel should be the right approach. Any amount of preparation and ground work is not going to help u that much, once u r there in XLRI. Adaptability to the new situation and coping with the immense pressure of the course would be a real challenge. For people who are new to GMP and XLRI - there is a three day course with Bachendri Pal on trekking, mountaineering, adventure sports etc immersed in the course schedule. It would be a great opportunity to refresh your mind and settle to the new environment. Anxious days ahead. Just counting days -- 31 left.