Save money now, Government for self-validation

Citing that Indians spend about Rs 8,000 crore on affidavits annually, the Centre has asked all its ministries and state governments to promote self-certification of documents in various official works.
The Department of Personnel and Training (DoPT) has asked the Central Government ministries to review the existing requirements of affidavits and attested copy by Gazetted officers in various forms in a phased-manner and wherever possible, make provision of self-certification of documents and abolition of affidavits.

iting that Indians spend about Rs 8,000 crore on affidavits annually, the Centre has asked all its ministries and state governments to promote self-certification of documents in various official works.
The Department of Personnel and Training (DoPT) has asked the Central Government ministries to review the existing requirements of affidavits and attested copy by Gazetted officers in various forms in a phased-manner and wherever possible, make provision of self-certification of documents and abolition of affidavits.

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CAT-2014 notification out with major changes in examination pattern

The countdown for MBA aspirants has begun as the Common Admission Test (CAT) conducting body - Indian Institute of Management, Indore (IIM-I) - on Saturday announced the dates for the test with some major changes in the examination pattern this year. IIM-Indore will be conducting the test for the second consecutive time. 

Apparently, making the CAT 2014 much more aspirant friendly this year, the IIM-Indore has increased the examination duration from existing 140 minutes to 170 minutes, discontinued purchase of offline vouchers, the questions in quantitative ability and data interpretation, verbal ability and logical reasoning has been increased to 50 in each section from existing 30 questions. 

The tutorial which was made available before start of examination will not be available this time. The CAT conducting body has advised candidates to do the tutorials from the website well in advance. Candidates will have to make the payment for registration fee through online modes only including credit card, debit card or through net banking. 

Another significant change that CAT aspirants will see this year will be flexibility for devoting more or less time to each section according to their ability. Candidates will be able to switch from one section to another during the examination timing. 

Unlike previous years, the IIM-Indore has cut short the window period for holding examination. The CAT 2014 will be conducted only for two days this year i.e. on November 16 and November 22 only in forenoon and afternoon sessions. The examination will be conducted in 99 cities comprising 354 test sites. Last year, there were 45 test sites only. The CAT 2014 will give an option to prefer three test cities in the order of preference. "The candidates need not rush in the initial registration days for blocking their slots and sites. Candidates will be given their first preferred city across the four sessions on random basis as far as possible. Candidates will have no option to prefer the dates as it will be allotted by the CAT Centre randomly," states the CAT notification. 

The registration for the CAT 2014 will remain open for 56 days beginning from August 6 and closing on September 30. Students will be able to download admit card from October 16 to till examination date. The results will be declared in the third week of December 2014. 

Due to ongoing results related discrepancies and controversies that landed IIMs in the court. The contract of Prometric to conduct CAT has been abolished and has been to the Tata Consultancy Services Limited (TCS), which has conducted examination like GATE, JEE, AIPMT, JIPMER etc.

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IIMC launches Advanced Program in Strategic Management – Batch 08

Developing a strategic thinking mode - understanding how power is wielded and negotiated in multiple contexts, especially amidst great 'complexity'
Understanding strategic landscapes of industries, including the interface with law and regulation, and institutional variation across nations
Understanding the strategic significance of few contemporary developments such as out sourced models of business, use of informatics, delayering of organizations, modularization of product systems and so on



Duration: 6 months
Class Schedule:Thursday, 6:30 PM and 9:30 PM
Delivery: Through classes at NIIT Imperia Centre for Advanced Learning in your city*, using Synchronous Learning Technology platform
Graduates/Post Graduates in any discipline with minimum 50% marks
Working Professional with 7 years of experience post completion of graduation

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Education app - OnlineTyari

OnlineTyari GK app helps you in preparing for SSC, IBPS, UPSC exams in Hindi and English medium. It also provides daily current affairs for 2014 along with question banks and mock test series which you can use in offline mode as well.

Features:
- Helps in preparing and practicing for all government competitive job exams including Civil Services (CSAT), Bank PO and clerk, SSC CGL and 10+2, CTET and many more.
- Daily update of current affair 2014 questions.
- Competitive exam focussed objective questions in Hindi and English Language.
- Practice objective question banks for various topics including aptitude, reasoning, language comprehension etc. 
- Free and paid mock test paper and online test series .
- Option to save favourite questions.
- Covers various state general knowledge for state level exams
- Works in offline mode.

Available on Play Store, Google

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ComedK on May 11th

ComedK on May 11th went peacfull with over 40000 students appearing for exam at various center accross Karnataka

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Thinking beyond MBA and Engineering

According to ancient literatures, vidya means clarity. Interestingly otherwise, education, as a Western concept means a process of receiving systematic instruction or gathering knowledge! This is exactly the paradox that our post-colonial education system is dwelling in! Are we emphasising on one’s capacity to gather knowledge or the ‘clarity’ of wisdom? The education system implemented by the colonial rulers in India was meant to churn out robots to serve the massive system without asking any questions. Unfortunately, the post-colonial rulers preserved the same system rather than exploring the already available education system in ancient India.
“My son has to be an engineer and nothing else!” This is a very common statement that parents in contemporary India keep repeating, across regional and economic segments. In engineering, IT-related fields are in demand. When I confront the parents to get an explanation for such a firm career option that they want their children to choose, most common reasons cited are the steady career growth, focused future, relative affluence and prestige. For them, here’s some shocking survey data that I would like to furnish. The national employability report (2012) compiled by Aspiring Minds, an employability solutions company revealed that only 17.45 per cent of technical graduates in the country are fit to be employed. What this also means is that the rest, that is, 82.55 per cent, engineering graduates are unemployable. The survey that was conducted among technical graduates who graduated in 2011 from various parts of the country revealed that among the five lakh engineers who graduated in 2010, only 17.45 per cent were employable. The bitter truth is that Class VII students are better than 50 per cent of India’s engineers when it comes to quantitative skills. The report further added that only 10 per cent of engineering graduates in Tamil Nadu recruited by IT firms are actually employable.
The conclusions are based on a survey conducted across 16 States. Another survey in 2013 by IIM Udaipur reveals that 75 per cent of engineering graduates in Rajasthan are unemployable. It is not just the technical knowledge, but in a lot of other areas, the students fail to impress the interviewers. The study was conducted in collaboration with the Working Group on Education and State Planning Board, Rajasthan. I am sure the survey would have yielded similar results in many other states in India. The MBA, as a career option is also not shining; only 10 per cent of graduates are being actually employable despite the robust demand for MBAs, says a survey by the Associated Chambers of Commerce and Industry of India (ASSOCHAM, 2013). Business Standard states that barring graduates from IIMs, B-schools are losing out on attracting India Inc.
The robotic and conventional education system does yield a large number of professionally qualified graduates from various courses, but most of them, beyond receiving instruction (and delivering accordingly), are unable to bring in directional benefits to the companies. Since the
subjects are largely skill-oriented, most of the graduates lack proper cognitive and spontaneous thinking capacity and hence lack in deliverance, unless being instructed. Innovation and out-of-the-box ideas are rare qualities.
In contrast to the stagnation of scope and employability of regular run-of-the-mill professional courses, the creative courses
(product design, graphic design, textile design, fashion design, etc) not only teach the idea generation process and out-of-the-box thinking, but also prepare students in presentation and communication skills. A report published in Economic Times (Feb 28, 2014) mentioned that IT companies offer up to 50 per cent higher salaries to design students than engineering graduates. The report states, Indian IT firms have been trying to scamper up the ‘value chain’ in the past few years, and the resultant increase in focus on verticals such as product design and emerging technologies like mobile and cloud are sending tech giants on a talent hunt to the country’s arts and design schools. With salary offers at a premium of well over 40-50 per cent given to engineering students, IT firms are making a beeline to recruit students from the like of the National Institute of Fashion Technology (NIFT) and Srishti School of Art, Design and Technology, Bangalore. Compared to entry-level salaries of tech graduates, which are around Rs. 2.5-3.5 lakh pa, design students are being picked up by companies such as Microsoft, SAP Labs, Cognizant, Mindtree, Infosys, Wipro and InMobi, as well as e-commerce players such as Amazon, Myntra and Flipkart, for anywhere between Rs. 4-18 lakh, depending on the institute. At NID-Ahmedabad’s December 2013 placements, Samsung R&D recruited students at a salary of Rs.18 lakh, while Cognizant was the top recruiter with 20 students. Remember, these placements are apart from the companies that regularly recruit creative professionals (brands, product design labs, R&D centres, retail giants, e-commerce giants, buying houses and graphic design labs) across campuses every year.
Opportunities in creative fields are increasing faster with new streams being added every year. Some of the recent streams are User Interface design, Mobile app design, Trend forecasting, Styling, Fashion journalism, Fashion photography, Game design and Event management. The ever-increasing interest in entrepreneurship among graduates from design schools are phenomenal due to the global market requirement and innovative ideation process among the graduates. Also, investors are looking for unique ideas and business plans to invest. Hence, alternative careers in creative fields have better prospects than the conventional ones. Keeping our unique socio-cultural mix, the future wealth of India depends on ideation, research, innovation and storytelling capacity. The youth population, which is portrayed as a boon, can be a bane if we keep producing mindless robots. We will be then the biggest resource to provide physical labour to the developed nations, and nothing else.

Ref:indianexpress

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IIMB 2014 List out

The Indian Institute of Management (IIM), Bangalore, has released the final 'Offer/ Wait List' for their flagship two-year Post Graduate Programme (PGP), 2014-16 batch.
The institute has also taken out a different list for overseas applicants. CAT 2013 topper Anirudhh Batra has made it to IIM Bangalore.
Two-year full-time PGP is the flagship programme of IIM Bangalore.

Click here to check the PGP 2014-16  Offer/Wait List
Click here to check the PGP 2014-16 (Overseas Applicants) 

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Tips for Acing MBA interview

Here are the tips for Acing MBA interview

#1 Preparation is essential.
#2 Practice makes perfect.
#3 Tune in and listen
#4 Strike the right tone
#5 Expect the unexpected
#6 Keep to the point.
#7 Open windows of conversation
#8 Ask intelligent questions
#9 Plan your time
#10 Don’t forget the basics.

For more info please refer.

http://www.forbes.com/sites/mattsymonds/2013/01/08/10-tips-for-acing-the-mba-interview/

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Enjoy the Journey

Here are three things I’ve been doing to Enjoy the Journey:

1. Keep a journal. Three of four times a week I’ll sit down for just 15 minutes or so and record what’s been happening in my life; and, more importantly, I’ll note what I’ve learned from it. I put tickets to sporting events and plays in the journey, notes from friends, and currency from countries I visit. I’ll include photos to remember a holiday or a dinner with a friend. And every now and then I page through the journal as a reminder of where I’ve been and how I became who I am now.

2. Ruminate with trusted advisors. Despite being 2,000 miles apart, I call my business partners at least daily to discuss what we are working on, but we also make sure at least weekly to look back at the recent progress of our business and what we’ve learned, sometimes we even returning to the beginning. And when I have ideas for our business—and I have a lot!—they help me decide if they are viable and on target with our core goals. All of this helps me keep things in perspective. If they are true friends, your best and most trusted advisors will always be honest with you. They are on the journey with you and want you to be successful and happy.

3. Include your family. My wife Heidi is my north star, my rock of Gibraltar. Without her and my four kids there would be no reason to be on this journey. Too often we separate our home and work lives, but I’ve found we are happiest when we take our families along on our journeys. Taking time to reminisce and dream out loud with your loved ones can be the sweetest part of life.
I understand that “Enjoy the Journey” may sound pretty simple, and it probably is. But those three words had a profound impact on me. Again and again they remind me to keep things in perspective, to be fully present, and to make sure I am headed in the right direction for happiness. As I write in my journal, council with friends, and include my family, I know my odds of enjoying the journey and enjoying my life increase exponentially.
Now, I’d be interested in the best advice you’ve ever received, and especially how you keep yourself on the right path in life.

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Top MBA college India

S.No.College NameOverall RankOverall ScoreNational RatingState RatingCut offFees(In lakhs)
1Indian Institute of Management, Ahmedabad1428.34N.AAAAAA
CAT:90
15.50
2Indian Institute of Management, Bangalore2424.54N.AAAAAA
CAT:90
17.00
3Indian Institute of Management, Calcutta3421.69N.AAAAAA
CAT:95
13.50
4Department of Management Studies , IIT Delhi4403.48N.AAAAAA
CAT:98
2.81
5Xavier Labour Relations Institute, Jamshedpur1386.47N.AAAAA+
XAT:92.25
14.50
6Department of Management Studies, IIT Madras5385.68N.AAAAA+
CAT:95
2.34
7Shailesh J Mehta School of Management, IIT Bombay6383.07N.AAAAA+
CAT:99
8.98
8Management Development Institute, Gurgaon2372.39N.AAAAA+
CAT:95.7
17.85
9Indian Institute of Management, Lucknow7364.44N.AAAAA+
CAT:90
10.83
10Indian Institute of Management, Kozhikode8363.41N.AAAAA+
CAT:90
10.45
11Faculty of Management Studies, University of Delhi, Delhi9351.49N.AAAAA+
CAT:98.56
0.20
12Department of Management Studies, IIT Roorkee10350.46N.AAAAA+
CAT:90
4.08
13National Institute of Industrial Engineering, Mumbai11342.36N.AAAAA+
CAT:97
6.26
14Indian Institute of Management, Indore12341.31N.AAAAA+
CAT:90
13.40
15Vinod Gupta School of Management, IIT Kharagpur13336.95N.AAAAA+
CAT:95.2
6.73
16Department of Industrial and Management Engineering, IIT Kanpur14336.16N.AAAAA+
CAT:95
0.83
17Institute of Management Technology, Ghaziabad3332.12N.AAAAA+
CAT:90
XAT:90
12.30
18Indian Institute of Foreign Trade, Delhi15325.61N.AAAAA+N.A.13.11
19International Management Institute, Delhi4306.89N.AAAAA+
CAT:95
11.85
20Indian Institute of Management, Ranchi16299.81N.AAAAA
CAT:96.82
4.70
21TA Pai Management Institute, Manipal5297.78N.AAAAA
CAT:86
XAT:86
13.50
22Xavier Institute of Management, Bhubaneswar6294.30N.AAAAA
CAT:94
XAT:95
9.90
23Great Lakes Institute of Management, Chennai7288.94N.AAAAA
CAT:90
XAT:90
19.65
24Narsee Monjee Institute of Management Studies, Mumbai8266.33N.AAAAAN.A.N.A.
25Symbiosis Institute of Business Management, Pune9265.43N.AAAAAN.A.8.40
26Institute of Rural Management, Anand10259.25N.AAAAA
CAT:80
4.00
27Bharathidasan Institute of Management, Tiruchirapalli11259.12N.AAAAA
CAT:95
7.00
28Indian Institute of Management, Rohtak17256.36N.AAAAA
CAT:85
9.18
29Jamnalal Bajaj Institute of Management Studies, Mumbai18256.25N.AAAAA
CMAT:350
2.00
30IBS Business School, Hyderabad12251.61N.AAAAA
CAT:75
12.00

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Vocab Power Updated Daily

  • COBBLED - Repair or mend
  • ABHORRENCE - Hate coupled with disgust
  • INCUMBENCY - The term during which some position is held
  • MITIGATE -Lessen or to try to lessen the seriousness or extent of
  • dubious - Open to doubt or suspicion
  • FOSTERING - Encouragement; aiding the development of something
  • ELICIT- Call forth (emotions, feelings, and responses)
  • PLAUSIBLE - Apparently reasonable and valid, and truthful
  • FORGE - Move ahead steadily
  • BOLSTER (V)-Support and strengthen
  • ECCENTRIC- A person with an unusual or odd personality
  • PATRONAGE - The act of providing approval and support
  • IMPERVIOUS - Not admitting of passage or capable of being affected

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