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ApexWriters GMAT And Application Scholarships 2011

Categories:  General

This is the third year when ApexWriters is sharing part of its profits with GMAT applicants.

We are happy to announce the Scholarship contest for GMAT applicants and business school applicants where we are distributing over 40,000 rupees in prize money. To  be eligible, you should be an Indian who is taking/has recently taken GMAT. So, get ready, apply for the scholarship and you could take your GMAT for free!

Here is your chance to avail 100% towards your GMAT test fee and up to 10,000 rupees off on our application help packages. We have already started accepting the applications and the last day to submit your entries is November 30th 2011 EST.

Good luck to all the applicants!!

We are taking related queries at – scholarships (at) apexwriters.com

For details on the contest, please visit ApexWriters Promotions

Bloggers – Please help spread the word and share the link with your friends.

Archives:

ApexWriters Scholarships 2010

ApexWriters Scholarships 2009

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Rush Editing Desk For Round-1 Applicants

Categories:  General

Those of you who are actively tracking the deadlines, know that Columbia, LBS, Stanford, Ross Tuck and your other target deadlines are just few days away. However, does it mean that you are too late to seek help for completing your applications? Not really! Our team has set up a special editing desk where our consultants are working round the clock to provide you feedback on your essays and help you prepare the final edited versions, good for submission.

Rush Timeline:
All documents will be returned in 24 hours flat
Consider this case:
Critique (One round of critique on your essays) -24 hours completion
Regular editing ( One round of content critique+one round of editing) – 48 hours completion
Scratchpad (Brainstorming calls+two rounds of critiques+one round of editing) – 72 hours completion.
We want you to know that we are there with you to share the deadline pressure!!!

 

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Tuck MBA essay questions 2011-2012

Categories:  General

This post follows from Tuck Admissions Blog

1. Why is an MBA a critical next step toward your short- and long-term career goals? Why is Tuck the best MBA program for you? (If you are applying for a joint or dual degree, please explain how the additional degree will contribute to those goals.)

2. Discuss your most meaningful leadership experience. What did you learn about your own individual strengths and weaknesses through this experience?

3. Describe a circumstance in your life in which you faced adversity, failure, or setback. What actions did you take as a result and what did you learn from this experience?

4. Tuck seeks candidates of various backgrounds who can bring new perspectives to our community. How will your unique personal history, values, and/or life experiences contribute to the culture at Tuck?

5. (Optional) Please provide any additional insight or information that you have not addressed elsewhere that may be helpful in reviewing your application (e.g., unusual choice of evaluators, weaknesses in academic performance, unexplained job gaps or changes, etc.). Complete this question only if you feel your candidacy is not fully represented by this application.

6. (To be completed by all reapplicants) How have you strengthened your candidacy since you last applied? Please reflect on how you have grown personally and professionally.

 

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Updates introduced to our Deadline Monitor

Categories:  Business School Deadlines 2011-12, General

Dear Applicants,

ApexWriters’ Deadlines Monitor has a new functionality now.

We are glad to announce that you will not only be able to track your deadlines on our portal, but also get periodic alerts from us when your deadlines are close. Alongside, we will also share a checklist with which you can track your applications’ progress.

Start now -Create your login, select the deadlines and start working on the applications.

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ISB OR IIM: A must read for applicants

Categories:  B-school News, General

When you are eligible for both the programs and India is your destination, the choice is not easy. We keep hearing from our applicants, the questions like – What are the differences between ISB and IIM? Which of these programs is better for my profile and aspirations? Is ISB PGP better than IIMA PGPX? In our attempt to find an answer, we have compiled this table with the relevant facts about both the programs. Analyzing carefully, you can evaluate your choices and freeze ‘your’ school.

ISB -vs- IIM-Ahmedabad

IMPORTANT FACTSISB PGPIIM-A PGPX
YEAR OF LAUNCH20002005
CLASS SIZE573101 for 2011-12. May increase intake to 140-150
AVERAGE AGE OF STUDENTS28 years34 years
AVERAGE WORK EXPERIENCE2 years minimum work ex.
- Average work ex of Class of 2012 is 5 years
No minimum requirement of years of work experience. However, average work experience is 10.3 years and minimum age of entry is 27 years.
AVERAGE GMAT712713
FEMALE STUDENTSApprox 28%5.9%
INTERNATIONAL EXPERIENCEApprox. 25% students have some international experience-Average months of international exp-4.7 years
-91.8% have international exposure in terms of work and studies.
PROGRAM START/END DATEApril 10, 2011 to April 7, 2012April 9, 2011 to March 10, 2013
CLASS PROFILE56% Engineers and 5% non Indian passport holders; 25% married students55% engineers,50 % with only Bachelors degree,50% with Bachelors and above qualification
FACULTY30 resident faculty, Over 100 Visiting Faculty from some of the leading B-Schools of the world like Wharton, Kellogg, London Business School, Cornell, Chicago, Duke, and UCLA-Over 90 Faculty members, over half of them have obtained their Ph.Ds from leading international universities.

-Faculty have written 95 international cases, Presented 459 papers at international conferences, Written 405 papers in international journals
FEES AND FINANCES
FEES-Rs. 21.5 lacs for single students and Rs. 23.1 lacs for married students.

-This amount includes Rs.50k towards laptop charges. If you bring your own, this will reduce the above totals by 50k.

- The cost of the international component is above this and varies from 6000-10000 USD (approx Rs. 3-5 lacs)
-Rs. 21.0 lacs for single/married students -Other expenses such as Electricity (Rs.15000 annual approx) and Service charges for TV, Cooking gas etc on actuals (Total above includes cost of international component)
COMMITMENT FEE AND PAYMENT SCHEDULEFirst commitment fee Rs.5.0 lacs, non refundable payable by Nov 27

-Second commitment fee is Rs. 3.0 lacs, non refundable, payable by Jan 15,

-Balance payable on joining the program (both lump sum and installment schemes available)
-Non refundable admission fee of Rs. 2 lacs to be paid along with acceptance decision within 15 days from the date of the admission offer.
FINANCING OPTIONSCredila Financial Services Max Amount : 20 Lakhs; Repayment Period: max of 10 years

HDFC Bank Max Amount: Rs. 20 lacs or 95% of cost; Interest-11.5% fixed; Repayment Period: 72 months

SBI Max Amount: Rs. 20 lacs or 95% of cost; Repayment Period: 7 years.

Union Bank of India Maximum Amount: Rs. 20 lacs or 95% of cost; Repayment Period: 7 years

Please read http://www.isb.edu/pgp/Loans.Shtml for more details
Allahabad Bank Maximum Amount: Rs. 7,50,000; Repayment Period: max of 7 years

Andhra Bank Loan Amount: Rs. 10,00,000; Repayment Period: 5 to 7 years

HDFC Bank Loan Amount: Rs. 20,00,000; Repayment Period: 57 months, no processing charges

ICICI Bank Loan Amount: Rs. 7,50,000; Repayment Period: 5 years

State Bank of India Loan Amount: Rs. 15,00,000; Repayment Period: 84 months and no prepayment penalty.

Please read http://www.iimahd.ernet.in/assets/files/pgpxloans2.pdf for more details
SCHOLARSHIPSApproximately 100 scholarships ranging between INR 3,00,000 to 10,00,000

Citigroup- USD12,500. 4-6 schols. Apply by May-June

Novartis- INR 4,00,000 -3 schols.

Nurture India - 1 schol of Rs. 4,00,000

Manhattan Review-5 schols, Rs. 1lac

International Scholarships:ISB-AIESEC 2 schols of Rs. 10 lacs

- 10 schols. of 6000-20000 USD

La Caixa and Casa Asia Scholarship- Total expenditure (3-5 schols)

Talentia Scholarship-“ Total expenditure (variable no. of schols)

More details at http://www.isb.edu/pgp/Scholarships.Shtml
No official scholarships as yet.
APPLICATION RELATED FACTS
DATES AND DEADLINESSeparate dates for Indian and foreign students

Indian students: Round 1 Application by Sep 15,2011
and offer date Nov 15,2010

Round 2 Application by Nov 15,2011 and offer date Feb15, 2012

-Both rounds acceptance cutoff is 15 days from date of offer

Foreign students:
Admissions on a rolling basis with a deadline of Feb 15, 2012
-Last date for filled in applications :August 10, 2011

-Intimation to shortlisted candidates: by September 10, 2011

-Interviews: September-October, 2011

-Intimation to selected candidates: by October 31, 2011

-Acceptance of offer: by November 25, 2011
INTERVIEW CONDUCTEDYesYes
EVALUATION CRITERIAGMAT Score -Leadership Potential -Diversity
-Academic Background and Analytical Ability -Work exp

Application related
Essays
-All applicants have to write 3 essays (last is usually optional)

The essays require you to have
- A clear understanding of why the MBA is needed at this stage in your professional career and what you expect to gain from ISB's program in particular

- An evidence of the kind of professional experience you have had which may require you to describe leadership experience, how you have met significant challenges etc

- Factors which differentiate you and strengthen the chances of your acceptance
-GMAT Scores -Leadership Profiling -Interviews -Intellectual Caliber -Entrepreneurial Spirit -Managerial/Cultural Exposure

Application related
Essays
-First round of screening involves evaluation on the basis of only the GMAT score and candidate profile including work ex. After this, shortlisted candidates are required to submit essays to given questions.

The essays require you to
- Show why you need an MBA and how it fits your overall career goals

- Give evidence of your leadership experience and provide a descriptive analysis of yourself as a candidate suitable for their program
ADMISSION REQUIREMENTS- No minimum age
- Bachelors degree -Preferably two years of experience
- GMAT Score
- Bachelors Degree
- Minimum age of 27 years at the time of joining
- GMAT Score
AVERAGE GMAT SCORE REQUIRED - GMAT scores in a 5 year period prior to application are valid.
- Average GMAT of Class of 2010 - 712
- GMAT range 600-780
Upwards of 700. Also GMAT should be taken in the last 3 years prior to applying
PROGRAM DETAILS
CORE COURSES/TRACKS(i) Entrepreneurial Venture
(ii) Experiential Learning Programme (iii) Independent Study Programme
(iv) Corporate Interaction
(v)The International Student Exchange Programme
Marketing, Finance, Supply chain management, Strategic management.

Programme Segments: PGPX has six segments:
(i) Induction
(ii) Building Blocks
(iii) Preparing for Top Management
(iv) International Immersion
(v) Electives
(vi) Capstone
INTERNATIONAL COMPONENT- 2 terms are spent as an exchange student with any of the 26 schools listed below

-ISB also offers South East Asia Business Trek
- Academic Study: 1 Week
- Project: 4 weeks
- Group Size: 3 - 5 students -
Time: 2nd Week of November
PARTNER SCHOOLS FOR INTERNATIONAL COMPONENT- Both Outbound and Inbound exchange programs on offer with the following schools in exchange network

North America (USA, Canada)
-Darden School of Business, University of Virginia - USA

-Haas School of Business, University of California Berkeley - USA

-Fuqua School of Business, Duke University - USA

-Joseph L. Rotman School of Management, University of Toronto Canada

-Kellogg School of Management, Northwestern University - USA

-Kenan Flagler Business School, University of North Carolina - USA

-Judge Business School, University of Cambridge - UK

-Leonard N Stern School of Business, New York University - USA

-Queen's School of Business, Queen's University, Canada

-Schulich School of Business, York University, Canada

-Thunderbird School of Global Management ,USA

-The Wharton School, University of Pennsylvania - USA

-The Fletcher School, Tufts University - USA Tuck School of Business

- Dartmouth College - USA

Europe -
Bocconi University (MSc) - Italy

-Cheung Kong Graduate School of Business - China

-College of Commerce, National Chengchi University - Taiwan

-ESADE Business School - Spain

-London Business School - UK -

Otto Beisheim Graduate School of Management, WHU - Germany

-Rotterdam School of Management, Erasmus University - Netherlands

-HEC School of Management - France

-IESE Business School, University of Navarra - Spain

-SDA Bocconi School of Management (MBA),Italy

IE Business School - Spain

Asia, Africa and Australia
-Lahore University of Management Sciences - Pakistan

-School of Business and Management, The Hong Kong University of Science and Technology - Hong Kong

-Faculty of Business Administration, Chinese University of Hong Kong - Hong Kong

-NUS Business School, National University of Singapore - Singapore

-School of Economics and Management, Tsinghu University - China -The China Europe International Business School - China

-The Leon Recanati Graduate School of Business, Tel Aviv University Israel

-Melbourne Business School, University of Melbourne - Australia

-KAIST Graduate School of Business - Korea -University of Cape Town Graduate School of Business South Africa
The International component only involves outbound programs in partnership with the following schools.

North America (USA, Canada)

-Columbia Business School, New York, USA

-The University of British Columbia, Vancouver, Canada Europe

-ESC Bretagne Brest, Brest Cedex 3, France

-Frankfurt School of Finance & Management, Frankfurt, Germany

-University of Amsterdam, Amsterdam, Netherlands

-University of Leeds, Leeds, UK

-Warwick Business School, England, UK

Asia
-The Chinese University of Hong Kong, Hong Kong, China
CAMPUS LIFE
PROFESSIONAL AND SOCIAL CLUBS-Business Technology Club

-Consulting Club

-Emerging Markets Club

-Energy

-Manufacturing

-Operations Club

-Entrepreneurship

-VC Club

-Finance Club

-General Management Club

-Healthcare Club

-Marketing Club

-Media Club

-Net Impact Club

-Real Estate Club

-Retail Club

-Women in Business Club

-Arts & Creativity Club

-Dance Club

-Golf Club

- Music Club

-Photography Club

-Radio Club

-International Club

-Quiz Club

-Theatre Club

-Sports Club

-Spouse & Family Association
-Abacus - Quant Club -Beta - Finance Club -Consult -Consulting Club -Entre - Entrepreneurship Club Forum for Industry Interaction (FII) -Genesys - Systems Club -LSD - Literary Club -Niche - Marketing Club -IIM Ahmedabad Cultural and Theatrical Society (IIMACTS) -Prayaas - Community Service -Prakriti - Nature Club
ACCOMMODATION OPTIONSStudio apartments and 4 bedroom apartments.- 203 sq ft Single room with attached bathroom for single students

- 676 sq ft 2 room with bathroom for married students
EVENTSSeveral events and student participation in these is strongly encouraged

-Entrepreneurship Conference

-Summer Research Conference 2009

-Media Conclave

-Global OD Summit 2009 -21st AIMS Annual Management Education Convention 009 -Retail/ Real Estate Conference

-Capital Markets Conference

-Healthcare / Pharma Summit

- Case Writing & Case Teaching Workshop

-Talent Management Conclave

-CSR Conclave

-Second International Conference on Igniting the Genius Within

-Business Technology Conclave

-ISB Private Equity Conference

-The ISB Energy Conclave

-Ikshaa-The Marketing Summit

-ISB Leadership Summit (ILS)
-Chaos - Cultural Event

-Confluence - Internal Business School Meet

-Insight - Marketing Fair

The course does not emphasize extracurricular activities as much as the ISB course; this also follows from the fact that the age of participants in this program is significantly higher than ISB's typical student and the number of years of work ex is also higher. Plus about 70% of students are married compared with only about 30 % of students being married at ISB.
PLACEMENTS
PLACEMENT SUPPORTYes for all students.

-Students can also seek guidance from the Advisory Board : a six-member team comprising top HR talent management professionals from Indian and international companies that bring an industry perspective to CAS (Career Advancement Services) operations.
-Placement support for non sponsored students.

-Rolling placements system. -For class of 2010, breadth of positions offered included: 1 CEO,1 SVP,3 VP 10 GM,1 Director 8 AVP,16 strategic consulting roles, and several senior manager positions. 5 participants started own businesses and opted out of placements.
RECRUITERS (INDICATIVE LIST ONLY)Consulting - Accenture, McKinsey, AT Kearney, Deloitte Consultants, BCG

Technologies / Consulting/ BPO, - Infosys, DELL

INTERNATIONAL SERVICES ANALYTICS, Google, Amazon, Bharti Telesoft, NIIT Technologies Ltd., Cognizant, Directi, MicrosoftMedia -Gallup, Dainik Bhaskar, Big 92.7 FM

Healthcare/ Pharma - J&J Medical, Pfizer, Novartis, TCG Lifesciences Ltd., Biocon, Dr.Reddy's Laboratories Ltd., Fortis Healthcare Ltd

Retail & FMCG - Bharti Wal-Mart, Pepsi, HUL, Coke, Colgate Palmolive

Financial Services - Citibank, HSBC, Yes Bank, JP Morgan, TVS Capital Funds Limited, Avaya Global
Consulting - Accenture, McKinsey, PRTM Management Consultants, PWC, Booz Allen, Hewitt

IT - Cognizant, Dell, Google, Infosys, iNautix, Tech Mahindra, Wipro, NIIT, Polaris, HCL Opera Solutions, Covansys, Amazon,

Retail- Spencer, RPG Group Infra, Energy, Auto etc - Tata Motors, Reliance Energy, Suzlon, Cairn, Hazira LNG, Mahindra & Mahindra, KPIT Cummins, Ceat Tyres, L&T, Marg Infra

Finance - ICICI, ICRA, HSBC, Edelweiss Capital, IL &FS Citigroup etc
EMPLOYMENT BY FUNCTION (APPROXIMATE)31% Consulting, 15% Finance, 10% General Management, 15% IT, 17% Sales and Business Development, 5% Operations, 15% Others including Business Research About 9% General Management, 19% Consulting, 21% Sales and Business Development, 14% Operations, 3 % Strategy, 25% Project Management
EMPLOYMENT BY INDUSTRY(APPROXIMATE)27% Consulting, 3% FMCG and Retail, 26% IT/Telecommunication,2% Manufacturing,16% Financial Services, 4% Pharma, 11% Others -12% including media, real estate and diversified companies 58% IT & ITES, 19%Consulting (Non IT), 3% Conglomerates, 5% Energy/Infra, 8% Finance, 4% Others 5%
AVERAGE DOMESTIC SALARYApprox. INR 16,47,103
Approx. INR 26,10,00
AVERAGE INTERNATIONAL SALARYApprox. USD 129,275
Approx. INR 16,47,103

ISB-OR-IIMA

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MBA Resume Keywords

Categories:  General

 

Appropriate use of keywords and action words can help you present your resume in a way that impresses the admission committee. This is a list that we had compiled some time back; now, we are making the list live for B-school applicants who may want to refer to the keywords while preparing their crisp one page resume.

A
accelerated, acclimated, accompanied, accomplished, achieved, acquired, acted, activated, actuated, adapted, added, addressed, adhered, adjusted, administered, admitted, adopted, advanced, advertised, advised, advocated, aided, aired, affected, allocated, altered, amended, amplified, analyzed, answered, anticipated, appointed, appraised, approached, approved, arbitrated, arranged, ascertained, asked, assembled, assigned, assumed, assessed, assisted, attained, attracted, audited, augmented, authored, authorized, automated, awarded, avail

B
balanced, bargained, borrowed, bought, broadened, budgeted, built

C
calculated, canvassed, capitalized, captured, carried, out, cast, cataloged, centralized, challenged, chaired, changed, channeled, charted, checked, chose, circulated, clarified, classified, cleared, closed, co-authored, cold, called, collaborated, collected, combined, commissioned, committed, communicated, compared, compiled, complied, completed, composed, computed, conceived, conceptualized, concluded, condensed, conducted, conferred, consolidated, constructed, consulted, contracted, contrasted, contributed, contrived, controlled, converted, convinced, coordinated, corrected, corresponded, counseled, counted, created, critiqued, cultivated

D
debugged, decided, decentralized, decreased, deferred, defined, delegated, delivered, demonstrated, depreciated, described, designated, designed, determined, developed, devised, devoted, diagrammed, directed, disclosed, discounted, discovered, dispatched, displayed, dissembled, distinguished, distributed, diversified, divested, documented, doubled, drafted

E
earned, eased, edited, effected, elected, eliminated, employed, enabled, encouraged, endorsed, enforced, engaged, engineered, enhanced, enlarged, enriched, entered, entertained, established, estimated, evaluated, examined, exceeded, exchanged, executed, exempted, exercised, expanded, expedited, explained, exposed, extended, extracted, extrapolated

F
facilitated, familiarized, fashioned, fielded, figured, financed, fit, focused, forecasted, formalized, formed, formulated, fortified, found, founded, framed, fulfilled, functioned, furnished

G
gained, gathered, gauged, gave, generated, governed, graded, granted, greeted, grouped, guided

H
handled, headed, hired, hosted

I
identified, illustrated, illuminated, implemented, improved, improvised, inaugurated, indoctrinated, increased, incurred, induced, influenced, informed, initiated, innovated, inquired, inspected, inspired, installed, instigated, instilled, instituted, instructed, insured, interfaced, interpreted, interviewed, introduced, invented, inventoried, invested, investigated, invited, involved, isolated, issued

J
joined, judged

L
launched, lectured, led, lightened, liquidated, litigated, lobbied, localized, located

M
maintained, managed, mapped, marketed, maximized, measured, mediated, merchandised, merged, met, minimized, modeled, moderated, modernized, modified, monitored, motivated, moved, multiplied

N
named, narrated, negotiated, noticed, nurtured

O
observed, obtained, offered, offset, opened, operated, orchestrated, ordered, organized, oriented, originated, overhauled, oversaw

P
paid, participated, passed, patterned, penalized, perceived, performed, permitted, persuaded, phased, out, pinpointed, pioneered, placed, planned, polled, prepared, presented, preserved, presided, prevented, priced, printed, prioritized, probed, processed, procured, produced, profiled, programmed, projected, promoted, prompted, proposed, proved, provided, publicized, published, purchased, pursued

Q
quantified, quoted

R
raised, ranked, rated, reacted, read, received, recommended, reconciled, recorded, recovered, recruited, rectified, redesigned, reduced, referred, refined, regained, regulated, rehabilitated, reinforced, reinstated, rejected, related, remedied, remodeled, renegotiated, reorganized, replaced, repaired, reported, represented, requested, researched, resolved, responded, restored, restructured, resulted, retained, retrieved, revamped, revealed, reversed, reviewed, revised, revitalized, rewarded, routed

S
safeguarded, salvaged, saved, scheduled, screened, secured, segmented, selected, sent, separated, served, serviced, settled, shaped, shortened, showed, shrank, signed, simplified, sold, solved, spearheaded, specified, speculated, spoke, spread, stabilized, staffed, staged, standardized, steered, stimulated, strategized, streamlined, strengthened, stressed, structured, studied, submitted, substantiated, substituted, suggested, summarized, superseded, supervised, supplied, supported, surpassed, surveyed, synchronized, synthesized, systematized

T
tabulated, tailored, targeted, taught, terminated, tested, testified, tightened, took, traced, traded, trained, transacted, transferred, transformed, translated, transported, traveled, treated, tripled

U
uncovered, undertook, unified, united, updated, upgraded, used, utilized

V
validated, valued, verified, viewed, visited

W
weighed, welcomed, widened, witnessed, won, worked, wrote.

 

You may also look at our Resume Editing Service, for detailed critiques and writing support.

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Tata donates $50 million to Harvard Business School

Categories:  General
Tags: ,

$50 million gift

Harvard Business School confirms on 14th October that it has received a gift of $50 million from Tata Companies, the Sir Dorabji Tata Trust and the Tata Education and Development Trust, philanthropic entities of Tata Group. This is the largest sum given to the school 102-year history by any international donor. The money will be used to build a new academic and residential building on the HBS campus in Boston for participants in the School’s broad portfolio of Executive Education programs.

Ratan Tata, the chairman of Tata Sons Ltd. since 1991, attended School’s Advanced Management Program in 1971. He received the School’s highest honor, the Alumni Achievement Award, in 1995. “The Harvard Business School is the preeminent place to be exposed to the world’s best thinking on management and leadership, and we are pleased that this gift will support the School’s educational mission to mold the next generation of global business leaders,” said Mr Tata.

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GMATCH MBA Virtual Fair with Top Schools

Categories:  General
Tags: ,
Job responsibilities

GMATCH MBA Virtual Fair  2010

Developed and managed by GMAC, this is a unique opportunity for the full-time applicants. Here, you can interact with the admissions team at many top schools, chat with current students and alumni and ask your questions – sitting at your home.

Dates: November 22 and 23

How: You will register for the event and get access to rich graphical interface featuring virtual booths and a multimedia auditorium stocked with material about each participating school’s programs and general details pertaining to MBA. Participants will be able to use webcams to enable face-to-face interaction.

Some Schools: London Business School, INSEAD, the University of Virginia’s Darden School of Business, Georgetown University’s McDonough School of Business, the UCLA Anderson School of Management, the Hong Kong University of Science and Technology, and Nanyang Business School.

Sign up: For registration, please visit http://www.g-match.com/default.html

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Track B-school info sessions in India

Categories:  General
Tags: , ,

MBA Info session tracker by ApexWriters

MBA Infosessions India

When you care enough about your b-school applications, you want to know all possible things about the school. So what better than meeting the students/alumni and admission officers – that too in your city.

For the aid of 2010-2011 applicants, ApexWriters has prepared a tool, similar to our popular Deadline Tracker. Here, you can find the approaching info sessions in your city or a city near you. So go ahead and plan your day!

ISB vs IIM

Categories:  General
Tags: , ,

Quick comparison – ISB and IIM

MBA applicants are today finding it difficult to select between the two of the most prestigious brands in India. It is because both are mighty names, offer excellent learning opportunities and help you bag the dream jobs. Weather you are contemplating applying to these schools or are making that final decision, you need to do a comprehensive comparison between both the schools. For the applicants who want to do a preliminary research on Indian School of Business and Indian institute of Management – Ahmedabad, here is a quick yet comprehensive analysis.

IIM-A PGPXISB PGP
IMPORTANT FACTS
Year of launch20052000
Class size90 for 2011-12. May increase intake to 140-150577
Average age of students33 years27
Average years of work experienceNo minimum requirement of years of work experience. However,
typical work exp varies from 5-8 years. Also they count years spent in
MS program towards work ex, so for engineering students, this could be
a point to take note of.
- 2 years minimum work ex.
- Average work ex of Class of 2010 – 5 years
Female students7%Approx 25%
International experience-Average months of international exp-50
-91.8% have international exposure in terms of work and studies.
Over 50% of students have some international experience
Program start and end datesApril 12, 2010 – March 20, 2011April 11, 2010- April 2, 2011
Class profile-55% engineers
-50 % with only Bachelors degree
-50% with Bachelors and above qualification
56% Engineers
Faculty-Over 90 Faculty members, over half of them have obtained their Ph.Ds from
leading international universities.
-Faculty have written 95 international cases, Presented 459 papers at
international conferences, Written 405 papers in international
journals, Participated as faculty in international management
development programs 75 times
30 resident faculty, Over 100 Visiting Faculty from some of the
leading B-Schools of the world like Wharton, Kellogg, London Business
School, Cornell, Chicago, Duke, and UCLA
FEES AND FINANCES
Fees-Rs. 21.0 lacs for single/married students
-Other expenses such as Electricity (Rs.15000 annual approx) and Service charges for TV, Cooking gas etc on actuals

(Total above includes cost of international component)
-Rs. 21.5 lacs for single students and Rs. 23.1 lacs for married students.
-This amount includes Rs.50k towards laptop charges. If you bring your own, this will reduce the above totals by 50k.
- The cost of the international component is above this and varies from 6000-10000 USD (approx Rs. 3-5 lacs)
Commitment fee payment scheduleFirst commitment fee – Rs.5.0 lacs, non refundable payable by Nov 27
-Second commitment fee – Rs. 3.0 lacs, non refundable, payable by Jan 15,
-Balance payable on joining the program (both lump sum and installment schemes available)
-Non refundable admission fee of Rs. 2 lacs to be paid along with acceptance decision within 15 days from the date of the admission offer.
Financing optionsAllahabad Bank
Maximum Amount: Rs. 750000; Repayment Period: max of 7 years
Andhra Bank
Loan Amount: Rs. 1000000; Repayment Period: 5 to 7 years
Credila Financial Services
Max Amount : 20 Lakhs; Repayment Period: max of 7 years
HDFC Bank
Max Amount: Rs. 20 lacs or 95% of cost; Repayment Period: 6 years
Indian Bank
Max Amount: Rs. 20 lacs or 95% of cost; Repayment Period: 7 years
SBI
Max Amount: Rs. 20 lacs or 95% of cost; Repayment Period: 7 years.
Union Bank of India
Maximum Amount: Rs. 20 lacs or 95% of cost; Repayment Period: 7 years
ScholarshipsNo official scholarshipsCognizant – B’izard 3 schols of 3 lacs, 2 lacs, 1 lac available. Apply by August
Citigroup –USD12500. 4-6 schols. Apply by May-June
C Square Learning Pvt Ltd. - 5 schols of Rs. 1 lacs
Novartis -3 schols of Rs. 4 lacs each
Tata Motors - 3 schols of Rs. 3 lacs each
Nurture India - 1 schol of Rs. 4 lacs
Manhattan Review-5 schols, Rs. 1lac


International Scholarships
ISB –AIESEC 2 schols of Rs. 10 lacs International Schol – 10 of 6000-20000 USD
La Caixa and Casa Asia Scholarship- Total expenditure (3-5 schols)
Talentia Scholarship – Total expenditure (variable no. of schols)
More details at
http://www.isb.edu/pgp/Scholarships.Shtml
APPLICATION RELATED FACTS
Important Application related dates-Last date for filled in applications :August 10, 2010
-Intimation to shortlisted candidates: by September 10, 2010
-Interviews: September-October, 2010
-Intimation to selected candidates: by October 31, 2010
-Acceptance of offer: by November 25, 2010
Separate dates for Indian and foreign students

Indian students:
Round 1 – Application by Aug 30,2010 and offer date – Nov 15,2010

Round 2 – Application by Nov 30,2010 and offer date – Feb15, 2011
-Both rounds acceptance cutoff is 15 days from date of offer

Foreign students:

Admissions on a rolling basis.
InterviewYesYes
Evaluation Criteria-GMAT Scores
-Leadership Profiling
-Interviews
-Intellectual Caliber
-Entrepreneurial Spirit
-Managerial/Cultural Exposure

Application related

Essays-First round of screening involves evaluation
on the basis of only the GMAT score and candidate profile including
work ex. After this, shortlisted candidates are required to submit
essays to given questions.

The essays require you to

- Show why you need an MBA and how it fits your overall career goals
- Give evidence of your leadership experience and provide a descriptive
analysis of yourself as a candidate suitable for their program
-GMAT Score
-Leadership Potential
-Diversity
-Academic Background and Analytical Ability
-Work exp

Application related

Essays-All applicants have to write 3-4 essays (last is usually optional)

The essays require you to have

- A clear understanding of why the MBA is needed at this stage in your
professional career and what you expect to gain from ISB’s program in
particular
- An evidence of the kind of professional experience you have had which
may require you to describe leadership experience, how you have met
significant challenges etc
- Factors which differentiate you and strengthen the chances of your acceptance
Admission Requirements- Bachelors Degree
- Minimum age of 27 years at the time of joining
- GMAT Score
- No minimum age
- Bachelors degree
- GMAT Score
Average required GMAT scoreUpwards of 700. Also GMAT should be taken in the last 3 years prior to applying - GMAT scores in a 5 year period prior to application are valid.
- Average GMAT of Class of 2010 – 712
- GMAT range 600-780
PROGRAM DETAILS
Core courses/ tracksMarketing, Finance, Supply chain management, Strategic management.

Programme Segments: PGPX has six segments:
(i) Induction
(ii) Building Blocks
(iii) Preparing for Top Management
(iv) International Immersion
(v) Electives
(vi) Capstone
(i) Entrepreneurial Venture
(ii) Experiential Learning Programme (iii) Independent Study Programme
(iv) Corporate Interaction
(v)The International Student Exchange Programme
International component- Academic Study: 1 Week
- Project: 4 weeks
- Group Size: 3 - 5 students
- Time: 2nd Week of November
- 2 terms are spent as an exchange student with any of the 26 schools listed below
-ISB also offers South East Asia Business Trek
Exchange programs and schools partnered with for International componentThe International component only involves outbound programs in partnership with the following schools.

North America (USA, Canada)
-Columbia Business School, New York, USA
-The University of British Columbia, Vancouver, Canada
Europe
-ESC Bretagne Brest, Brest Cedex 3, France
-Frankfurt School of Finance & Management, Frankfurt, Germany
-University of Amsterdam, Amsterdam, Netherlands
-University of Leeds, Leeds, UK
-Warwick Business School, England, UK
Asia-The Chinese University of Hong Kong, Hong Kong, China
- Both Outbound and Inbound exchange programs on offer with the following schools in exchange network

North America (USA, Canada)
-Darden School of Business, University of Virginia - USA
-Haas School of Business, University of California Berkeley - USA
-Fuqua School of Business, Duke University - USA
-Joseph L. Rotman School of Management, University of Toronto Canada
-Kellogg School of Management, Northwestern University - USA
-Kenan Flagler Business School, University of North Carolina - USA
-Judge Business School, University of Cambridge - UK
-Leonard N Stern School of Business, New York University - USA
-Queen's School of Business, Queen's University, Canada -Schulich School of Business, York University, Canada
-Thunderbird School of Global Management ,USA
-The Wharton School, University of Pennsylvania - USA
-The Fletcher School, Tufts University - USA
Tuck School of Business, Dartmouth College - USA
Europe
-Bocconi University (MSc) - Italy
-Cheung Kong Graduate School of Business - China
-College of Commerce, National Chengchi University - Taiwan
-ESADE Business School - Spain
-London Business School - UK
-Otto Beisheim Graduate School of Management, WHU - Germany
-Rotterdam School of Management, Erasmus University - Netherlands
-HEC School of Management - France
-IESE Business School, University of Navarra - Spain
-SDA Bocconi School of Management (MBA),Italy
IE Business School - Spain
Asia, Africa and Australia

-Lahore University of Management Sciences - Pakistan
-School of Business and Management, The Hong Kong University of Science and Technology - Hong Kong
-Faculty of Business Administration, Chinese University of Hong Kong - Hong Kong
-NUS Business School, National University of Singapore - Singapore -School of Economics and Management, Tsinghu University - China
-The China Europe International Business School - China
-The Leon Recanati Graduate School of Business, Tel Aviv University – Israel
-Melbourne Business School, University of Melbourne - Australia
-KAIST Graduate School of Business - Korea
-University of Cape Town Graduate School of Business – South Africa
CAMPUS LIFE
Professional & Social clubs-Abacus - Quant Club
-Beta - Finance Club
-Consult -Consulting Club
-Entre - Entrepreneurship Club
Forum for Industry Interaction (FII)
-Genesys - Systems Club
-LSD - Literary Club
-Niche - Marketing Club
-IIM Ahmedabad Cultural and Theatrical Society (IIMACTS)
-Prayaas - Community Service
-Prakriti - Nature Club
-Business Technology Club
-Consulting Club
-Emerging Markets Club
-Energy
-Manufacturing -Operations Club -Entrepreneurship
-VC Club
-Finance Club
-General Management Club
-Healthcare Club -Marketing Club
-Media Club
-Net Impact Club -Real Estate Club -Retail Club
-Women in
Business Club
-Arts & Creativity Club
-Dance Club
-Golf Club
- Music Club
-Photography Club -Radio Club -International Club
-Quiz Club
-Theatre Club
-Sports Club
-Spouse & Family Association
Accommodation options- 203 sq ft Single room with attached bathroom for single students
- 676 sq ft 2 room with bathroom for married students
Studio apartments and 4 bedroom apartments.
Events-Chaos - Cultural Event
-Confluence - Internal Business School Meet
-Insight - Marketing Fair

The course does not emphasize extracurricular activities as much as the ISB course – this also follows from the fact that the age of
participants in this program is significantly higher than ISB’s typical
student and the number of years of work ex is also higher. Plus about 70% of students are married compared with only about 30 % of students
being married at ISB.
Several events and student participation in these is strongly encouraged


-Entrepreneurship Conference
-Summer Research Conference 2009
-Media Conclave
-Global OD Summit 2009
-21st AIMS Annual Management Education
Convention 009
-Retail/ Real Estate Conference
-Capital Markets
Conference -Healthcare / Pharma Summit
- Case Writing & Case
Teaching Workshop
-Talent Management Conclave
-CSR Conclave
-Second
International Conference on Igniting the Genius Within
-Business
Technology Conclave
-ISB Private Equity Conference
-The ISB Energy
Conclave
-Ikshaa-The Marketing Summit
-ISB Leadership Summit (ILS)
PLACEMENTS
Placement Support-Placement support for non sponsored students.
-Rolling placements system.
-For class of 2010, breadth of positions offered included:
1 CEO,1 SVP,3 VP
10 GM,1 Director
8 AVP,16 strategic consulting roles, and
several senior manager positions.
5 participants started own businesses
and opted out of placements.
-Yes for all students.
-Students can also seek guidance from the Advisory Board : a six-member team comprising top HR talent management professionals
from Indian and international companies that brings an “industry
perspective” to CAS (Career Advancement Services) operations.
Recruiters (indicative list of companies, not exhaustive)Consulting – Accenture, McKinsey, PRTM Management Consultants, PWC, Booz Allen, Hewitt
IT – Cognizant, Dell, Google, Infosys, iNautix, Tech Mahindra, Wipro, NIIT, Polaris, HCL Opera Solutions, Covansys, Amazon,
Retail- Spencer, RPG Group
Infra, Energy, Auto etc – Tata Motors, Reliance
Energy, Suzlon, Cairn, Hazira LNG, Mahindra & Mahindra, KPIT
Cummins, Ceat Tyres, L&T, Marg Infra
Finance –ICICI, ICRA, HSBC, Edelweiss Capital, IL &FS Citigroup etc
Consulting – Accenture, McKinsey, AT Kearney, Deloitte Consultants, BCG
IT - Infosys Technologies / Consulting/ BPO, DELL
INTERNATIONAL SERVICES – ANALYTICS, Google, Amazon, Bharti Telesoft,
NIIT Technologies Ltd., Cognizant, Directi, MicrosoftMedia – Gallup, Dainik Bhaskar, Big 92.7 FM
Healthcare/ Pharma – J&J Medical, Pfizer, Novartis, TCG Lifesciences Ltd., Biocon, Dr.Reddy's Laboratories Ltd., Fortis Healthcare Ltd
Retail & FMCG - Bharti Wal-Mart, Pepsi, HUL, Coke, Colgate Palmolive
Financial Services – Citibank, HSBC, Yes Bank, JP Morgan, TVS Capital Funds Limited, Avaya Global

About 25% of the companies which recruited in 2009 were international companies.
Employment by Function

(approx % to show the breadth of roles taken up by candidates – 2009)
About 30% - General Management
25%- Consulting
22% - Sales and Business Development
11% - Operations
7 %- Strategy
5% - HR, Project Management

29%- Consulting
11% - Finance
8% - General Management
9% - IT
17% - Sales and Business Development
11% - Operations
15% - Others including Business Research
Employment by Industry

(approx %)
IT & ITES – 21%Consulting (Non IT) – 20%
Conglomerates – 13%
Telecommunication – 11%
Energy/Infra – 11%
Finance – 7%
Healthcare – 4%
Others -5%
Consulting – 18%
FMCG– 5%
IT/ Telecommunication – 20%
Manufacturing – 8%
Financial Services – 11%
Pharma – 11%
Others -27% including media, real estate and diversified companies

Avg Domestic SalaryUpwards of Rs. 20 lacs annually (based on avg over 2008-9)

Approx Rs. 15 lacs annually (based on avg over 2008-9)

Avg Intl SalaryAbove USD 120,000

Approx. USD120,000