B School News

AICTE instructions regarding refund of fees for B schools

The AICTE has announced new guidelines for B school to deduct the processing fee when a student leaves the institute before the commencement of classes. As per the new instruction no institute can deduct more than Rs. 1000.

IIMB's Double Shot - fee hike & seat increase

Indian Institute of Management, Bangalore, (IIM-B) has increased it s annual fee to Rs. 2.5 lakh for the Post-graduate Diploma in Management (PGDM) programme. Currently the fee stands at Rs. 1.75 Lakhs. The decision was taken on Monday at the governing body met headed by Mr. Mukesh Ambani, the Chairman of Reliance Industries.

Big Plans for ICFAI

ICFAI (The Institute of Chartered Financial Analysts of India) - which has few privates universities in the states of Uttaranchal, Tripura, Sikkim, Mizoram, Meghalaya, Nagaland and Jharkhand is planning to increase the number of private universities to 15 by year 2010. The total cost is estimated to be of Rs. 1,000 crore. Private University is a university which does not receive any financial support from the government. The concept of private universities is new in India but its supremacy can be seen in all over the world esp.

IIMs against Quota

In a major setback to the oversight committee’s move to implement 27% OBC quota by a massive intake hike at the premier Indian Institutes of Management (IIMs) from 2007-’08, directors of six IIMs have thrown up their hands In a major setback to the oversight committee’s move to implement 27% OBC quota by a massive intake hike at the premier Indian Institutes of Management (IIMs) from 2007-’08, directors of six IIMs have thrown up their hands, saying it would be practically impossible to implement the quota at one go.

ISB no to GRE

The Indian School of Business (ISB) has been invited to join the Board of The Graduate Management Admission Council (GMAC). This is because the GMAC data demonstrates that the ISB is one of the prime The Indian School of Business (ISB) has been invited to join the Board of The Graduate Management Admission Council (GMAC). This is because the GMAC data demonstrates that the ISB is one of the prime drivers of the large growth in GMAT takers in India and in 2005, more Indians applied to the ISB than even to Harvard or Stanford.

IRMA 2 in Bhubaneswar

KIIT deemed University with the help of Verghese Kurien (the man behind India's first rural management school - IRMA) is going to set up a rural management institute in Bhubaneswar in parallel with Institute of Rural Management at Anand. KIIT is one of the premier Engineering colleges in orissa. In last one decade the institutes has achieved many mile stones and has been successful in bringing many talented professors to it. The proposed institute‘ll be named as Kalinga School of Rural Management (KSRM) and KIIT has allocated 15 acres of land for it.

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