Chicago University opens its centre in New Delhi

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The University of Chicago has opened a centre in New Delhi as a collaborative attempt between the United States and India to boost research and training in diverse disciplines.

The President of University of Chicago, Robert J. Zimmer, was present at its inauguration in New Delhi. The center is located at Connaught Place will be the hub for conferences and seminars as well as the seat for faculty offices and study areas.

Objective: The centre was opened to promote research, training and scholarship programmes under three broad disciplines: business, economics, law and policy; science, energy, medicine and public health; and culture, society, religion and the arts.

This is a collaborative process to boost research and training in diverse principles.

The centre will also be an intellectual destination, enabling the University of Chicago to better support research and scholarship that will benefit faculty, students and society, said a statement.

The center located at Connaught Place will be the hub for conferences and seminars as well as the seat for faculty offices and study areas.

  • It will host Indian and South Asian students and scholars, serve as a base for University of Chicago students and faculty working in India and throughout the region, and engage alumni and parents in India and South Asia.
  • Delhi is the third centre for the university after a centre in Beijing, opened in 2010, and the centre in Paris, opened in 2004, in bringing together researchers and students to collaborate across the academic spectrum.
  • The centre in Delhi is a wholly-owned foreign enterprise operating under the name of UChicago Center in India Private Limited.
  • US Ambassador to India Nancy Powell said the number of students’ visa applications from India is going up and currently more than 100,000 Indian students are studying in the US.

 

FDDI admission process for 2014 begins

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The Footwear Design and Development Institute, under the Ministry of Commerce & Industry, Government of India has invited applications for admissions to undergraduate and post graduate programmes for the academic session beginning in 2014. The eligible and interested candidates can apply latest by May 19.

FDDI offers admissions to programmes that include Footwear Design, Production and Management; Leather Goods and Accessories; Fashion Design; Retail Management; Business Management at various campuses that include Noida, Rohtak, Jodhpur, Chhinawara, Fusatganj and Chennai.

Admission Procedure: The candidates will be short-listed on the basis their performances in All India Selection test (AIST). AIST is an online exam which is conducted to test the knowledge of the students in subjects such as GK, general science/reasoning, English and mathematics.

Course : The courses available at FDDI consists of M.Des creative designing CAD/CAM, MBA Footwear Design & Production Management, MBA Fashion Merchandise and Retail Management, B. Des Fashion Design, B. Des Footwear Design and Production Management, B. Des Leather Goods and Accessories Design and Bachelor’s Degree in Fashion Merchandise and Retail Management.

FDDI also offers an integrated five-year duration programme in business management.

Important dates:

  • Last date for submission of application forms: May 19
  • AIST 2014: June 13, 14 and 15
  • Result declaration: June 30
  • Counseling (PG candidates): July 9, 10 and 11
  • Counseling (UG candidates): July 14, 15, 16 and 17

 

Website: http://www.fddiindia.com

MBA and specialization

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Masters of Business Administration (MBA) is a post graduate course to management. The core courses in an MBA program introduce the various areas of business such as accounting, finance, marketing, human resources and operations management; many programs include elective courses.

Admission in management are generally based on entrance exam scores. Typical process is students are shortlisted on the basis of their performance in the written exam and called for Group Discussion and Personal Interview.

Business schools in many countries offer programs tailored to full-time, part-time, executive, and distance learning students, with specialized concentrations.

The minimum eligibility for MBA course is Bachelor’s degree with a minimum percentage criteria.

It generally a two year duration course. The course gives proficiency in many but master in one subject. The main focus is on giving students a brief idea about various subjects of management. In the later part of the first year they are also introduced with the specialized areas.

Choosing a specialization can be a difficult process for students. It is very important for student to consider their career goals and professional development before choosing a specialization.

In the first year of MBA, all subjects are taught and in the second year the student has to select one field and get masters in that field.

Here are top 10 specializations that strike the chord in MBA

  1. Finance- MBA in finance is the oldest form of MBA specialization. It prepares you in various subjects like costing, budgeting, International finance, Capital Management etc.  After studying these subjects you become specialized in Financial Management which enables you to work in finance department of any organization. If you want to pursue MBA in finance then you must be a graduate in any stream.
  2. Marketing-MBA Marketing is very dynamic and competitive. MBA in marketing helps a student to understand consumer behavior, market, advertising and many other important fields. One needs to have excellent communication skills, resource mobilization skills and an undying zeal to excel in marketing. If you want to pursue MBA in Marketing then you must be a graduate in any stream.
  3. Human Recourse (HR)-MBA in HR Management is for those wanting to develop a management career in HR and strategy. This includes diversity, mergers and acquisitions, labor markets and emerging economics and international leadership. If you have good communication skills, a charismatic personality, and are dependable and confident, MBA in HR is for you. Graduate in any stream can pursue MBA in HR.
  4. International Business (IB)-The Master of International Business provides an in-depth understanding of the organizational capabilities required for international operations, including specialized functions such as international marketing, finance etc. The degree may be thought of as an MBA with a particular focus on multinational corporations. Admission normally requires an undergraduate degree in any discipline.
  5. Operations-MBA in Operations helps you to deal with Production Management or Shop Floor Management. You learn how to maintain process flows, develop vendor and inter-departmental relationships. Most candidates with engineering backgrounds go for MBA Operations, as it gives them an edge over their peers in product development and designing, and process optimization. However, graduate in any discipline can pursue MBA in operation.
  6. Information Technology (IT)-MBA in IT is designed to educate & develop managers who can effectively manage the planning, design, selection, implementation, usage & administration of emerging and converging information & communications technologies.IT graduates play essential roles on the business team, typically designing and implementing hardware and software solutions to business problems. Graduate in any stream can pursue MBA in IT.
  7. Supply Chain Management-MBA in supply chain management is a unique and exciting opportunity in the field of business management. It includes inventory management, warehousing and transportation of various materials as required by a client or a company. Supply chain Management can be done by graduates of any stream.
  8. Rural Management-MBA in rural Management is a unique programme that is being offered to fulfill the huge industry demands for managers skilled in the field of marketing with a focus on rural businesses. There is immense growth potential in rural markets and increasing realization of this importance to Corporate and Development Organizations. Any graduate can apply for Rural Management MBA.
  9. Agri Business Management-Agri Business MBA is an upcoming specialization. In this MBA a student learns to manage companies which process, market, and merchandise agricultural products to consumers. The student must understand the management, marketing, and finance with an emphasis on specialized requirements of the agribusiness sector. Any graduate can pursue Agri business Management MBA
  10. Health Care Management-An MBA in healthcare covers core business skills and practices. But it focuses on the specific issues managers may encounter in roles such as hospital administrators, medical practice managers, insurance-company executives and a wide variety of other roles. Any Graduates can persue MBA in health care management.

 

PG Diploma in Counselling

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Calcutta University will introduce a year-long postgraduate diploma course in Counselling. The course will be jointly conducted by Calcutta University and Legal Aid Services West Bengal (LASWEB) – an organization of former jurists, senior lawyers and social workers that counsels people to resolve disputes. The University has already signed an MoU with LASWEB and the course will be conducted jointly

Date: The course will commence from April 5.

Senior advocate LASWEB executive chairman Gitanath Ganguly is in charge of this course.

30 candidates have already enrolled for the course.

The students will be job ready for any type of counselling- the students will be eligible to provide marriage, mental health, pre- and post-marital counseling as a professional. They may get absorbed by the social welfare department or private organizations.

This year, the course is being conducted at Sri Shikshayatan but next year, it may be conducted in some other institute informed Calcutta University VC Suranjan Das.

Career as a marriage counselor is to try dissolving marital ties, provide treatment to couples before marriage, during divorce, after divorce and can even help couples deal with issues resulting from remarriage. Career counselors can guide students choosing the best career or getting off career related depression and stress.

Source:Indiatoday

MBA fees hike upto 19% for the year 2016

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Earlier the top B-Schools, IIM Ahemdabad and IIM Bangalore have decided not to hike the fees for next academic year. But, some of the top B-Schools have either hiked the fees or are proposing an increase of 6-19% for the class of 2016 due to the inflation and rising operational costs.

Around 10 of the country’s top B-Schools have decided to against the decision of not hiking the fees for next academic year.

  • Top management institutes like XLRI, International Management Institute (IMI), MDI-Gurgaon, SP Jain Institute of Management & Research, XIM-Bhubaneswar and IIM-Ranchi have already approved fee hikes. Several other institutes like IIM-Calcutta, IIM-Kozhikode, IIM-Udaipur and WeSchool will decide over the next two-three weeks.
  • As per the reports, hikes will likely be in the range of Rs 50,000 to Rs 2.5 lakh, depending on the institutes. Some institutes such as IIM-Calcutta, for instance, have not implemented a fee hike for four years. It had last hiked fees by 50% to Rs 13.5 lakh in 2010.
  • It was reported that IIM-C faculty council was in favor of raising the fees to Rs 16 lakh, up almost 19%. According to IIM-Udaipur Director Janat Shah, IIM-Udaipur currently charges Rs 8 lakh for the two-year programme and will also be hiking an increase of Rs 1 lakh in its March 31 board meeting. IIM-Ranchi also hiked fees by 16% from Rs 9 lakh to Rs 10.5 lakh due to higher expenditure, said the institute’s director BB Chakraborty.
  • Older IIMs at Ahmedabad and Bangalore already charged Rs 16.6 lakh and Rs 17 lakh, respectively, for the two year post-graduate programme in management. After two consecutive hikes in 2012 and 2013, they have decided not to increase fees this year. Nor will IIM-Tiruchirapalli, IIM-Kashipur or even IIM-Lucknow, which opposed the trend last year by cutting fees by 10% to Rs 10.8 lakh.
  • On the other hand, several leading non-IIMs too have gone in for fee hikes. For example, XLRI, which is guided by the fees fixation committee of Jharkhand, has been allowed to raise its fees by 7% from the current level of Rs 14.6 lakh to Rs 15.6 lakh. XIM-Bhubaneswar and MDI-Gurgaon have both effected fee hikes, the latter by 6.4% from Rs 14 lakh last year to Rs 14.9 lakh for the 2014-16 batches.
  • According to WeSchool Group Director Uday Salunke, they charge low fees of about Rs 4.5 lakh for the two-year MMS course and have appealed to the government to increase the same by at least 7% for the forthcoming batch.
  • IMI Director-General Pritam Singh also mentioned that the institute has increased tuition fees by 17.3% from Rs 11.5 lakh to Rs 13.5 lakh. At SP Jain Institute of Management & Research, total fees have gone up from Rs 11.5 lakh to Rs 14 lakh, including a newly introduced global immersion component.

Integrity Policy now includes one more quality

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An important aspect of academic integrity is having an integrity policy which stands on five pillars – access, approach, responsibility, details and support – for the framework and implementation of the policy.

Tracey Bretag, programme director, University of South Australia Business school, speaks on academic dishonesty

Academic integrity is an umbrella term for shared values of honesty, trust, respect, fairness and responsibility in all educational endeavours. Recently, the International Bench of Academic Integrity added the quality of courage to enact those values. All the above qualities are not worth if there is no courage. To enact those values in education, courage is what is required because this isn’t just a student issue. This issue affects every stakeholder at the university who is responsible – from agents to administrators, professional staff, vice chancellors, researchers, reviewers, editors, teachers, writers and students. Every stakeholder in the university has a responsibility to uphold these fundamental values and have the courage to enact them.

The values of honesty, trust, respect, fairness, responsibility and courage are becoming more acceptable around the world particularly in the West. UK, US and Australia adhere to the values of academic integrity. However, in India, people talk a lot about academic integrity but there is no accountability. Students still copy and get grades but don’t face any consequence.

In Australia there are strong policies and are followed strictly and everyone there is aware of the consequence on the breach of the policy.

For example, if a first-year undergraduate copies half of his/her paper, s/he is warned and told to re-submit the paper. S/he will then be graded out of 50% marks only – just the passing marks. The assignment is set up in such a way that the first papers are not marked for a lot of marks. If the same students do it the second time, they get zero, and they have a risk of failing the course. There will be an inquiry. If the investigation finds that students willingly do this repetitively, they can be suspended for a semester. If the misconduct continues, they can be expelled but for us the focus is on educating students.

These rules are quite surprising for Indian students who have come to Australia. Resultantly, their results to fall down. The first semester is difficult for them as they deal with different standards and expectations.

Source:TOI 

Changes in SAT

Clay Hensley, director, international strategy and relationships, College Board, talks  on the redesigned SAT. 

SAT is a standardized test for most college admissions. It was formerly developed, published, and scored by the Educational Testing Service which still administers the exam. The test is intended to assess a student’s readiness for college.

SAT consists of three major sections: Critical Reading, Mathematics, and Writing. It is a multiple question based paper.

This time SAT is redesigned. Each change in the redesigned SAT focuses on the knowledge and skills that are most essential for college readiness and success. The exam is also modelled on the work students do in high school. The redesigned exam will be first administered in spring 2016. College Board will release the full specifications of the exam along with extensive sample items for each section in April 2014.

Reason behind redesigning SAT

The redesigned SAT aims to be more relevant in changing times. It builds on the remarkable care and expertise statisticians have used to make the exam valid and predictive, while becoming more focused, useful, clear and open than ever before.

How will the SAT exam changes benefit students

The changes aim to adjust with the things that matter most for success in college and career. The team aims to bring in focus the topics that students encounter when they take it is widely applicable to their work in college and career training opportunities. The exam will be clearer and more open than before. Further information will be released on the website on April 16th.The free practice material will also be available on the website which will be provided through Khan Academy. Paper for both earlier and redesigned papers will be made available on the website. This will help students to notice the changes that are made. The College Board says We will ensure students know what to expect and how to prepare for the exam.

Partnership between College Board and Khan Academy

College Board is partnering with Khan Academy to provide the world with free test preparation material for the redesigned SAT. College Board and Khan Academy will build this material together for launch in spring 2015. This means that for the first time, students who want to take the SAT will be able to prepare for the exam, practise, and identify gaps in their learning, for free. 

Key changes to SAT exam are as follows-

  • The test will use a score of 1600 which earlier was 2400
  • The (i) evidence-based reading and writing and (ii) maths sections will each be scored on a 200- to 800-point scale
  • Scores for the essay section will be reported separately.
  • The length of the exam will be about three hours, with an added 50 minutes for the essay. Precise timing will be finalised after more research.
  • The essay will be optional
  • No points will be deducted for incorrect answers
  • Calculators will be permitted only on certain portions of the maths section .The maths section will draw from fewer topics
  • Vocabulary will be focused on words widely used in college and beyond, and not on obscure words.
  • The reading and writing sections will be evidence-based.
  • In the reading and writing sections, students will be asked to analyse both text and data in real-world contexts, including correcting inconsistencies between the two They will get source texts from science, history, and social studies, analysing them the way they would in those classes at school.