The average stipends for the interns of Indian Institute of Management Tiruchirappalli (IIM-T) have risen during the summer placement for the 2013-15 batch compared to previous years. Around 45 companies came in this year offering a maximum stipend of Rs 1.40 lakh, while last year there were 39 companies offering the highest of Rs 1 lakh.
Summer internship is usually for eight weeks during the April-May for the all first year students pursuing the post graduate programmes in IIMs. Many startup companies also joined the summer placement this year for the internship programme. Ten out of 94 students from IIM-T joined startups and 13 students opted out of summer internship process this year. World Bank participated in the process for the first time and offered roles in their financial instruments department.
Rise in stipends for summer internships at IIM Trichy
High court issues notices to 13 IIMs over CAT irregularities
A group of IIM aspirants from Indore have sought for a stay on the entire admission process this year alleging irregularities in the Common Admission Test (CAT), for the admission in 13 Indian Institute of Management (IIMs) last year.
A double bench of Madhya Pradesh high court issued notices to all 13 IIMs accepting the writ petition of students. The notices were also served to the coordination committee for CAT 2013 and Prometric testing, the partner agency of the test. Some of the aggrieved students filed the petition challenging the scaling and scoring method of the students. They also challenged the non-disclosure of raw scores under RTI and an agreement between IIM and Prometric which prevents disclosure of raw scores and procedure adopted for allotment of the marks. Last year after the CAT results were published on January 14, thousands of students had complained over the scaling and grading process and had demanded revaluation. Though the demand was turned down by IIM-Indore, the orgainser of the CAT 2013, a petition was filed by some of the IIM aspirants following which the high court had issued similar notices to the IIMs on February 18, 2014.
Time for India to take leadership position in higher education, says President
The higher education institutes of India are not ranked among the best institutions across the world, says the President of India Pranab Mukherjee. He said it was time India recovered lost ground and regained its leadership position in education. He was addressing the diamond jubilee celebration of KC College in Mumbai where he said more investments were required in higher education. He also stressed the funds in education sector should be made accessible to all stakeholders.
He was disappointed over the exclusion of Indian universities in the list of 200 top institutions released by international rating agencies. He said he believes there is no dearth of bright students in India but the country does not have capacity to retain the best talents.
Two certificates courses launched in competition policy and law
The National Law University Delhi (NLUD) and CUTS Institute for Regulation and Competition (CIRC) have come together to launch two certificate courses in competition policy and law. The courses have been launched to provide an interface between competition policy and law and businesses. The fundamental course is of six months duration and another is an advanced diploma course which is of one year duration. The courses have been designed in a way to impart knowledge and skills on competition policy and law and also provide opportunities in competition authorities, regulatory bodies and other firms and businesses.
Graduates in any discipline from a recognised university, student in final year of graduation, or students who have completed three years of five year integrated programme or an international student who has graduated from a recognised university can apply. The two certificate courses are aimed at working professionals and classes for the two certificate courses will be held in the evening on weekends.
ICAI to hold campus placements in New Delhi
The Institute of Chartered Accountants of India, the statutory body for regulation of Chartered Accountants in the country, will hold its campus placement programme from 10th to 15th March, 2014. About 980 candidates, who have recently completed their chartered accountancy, are likely to participate in the campus placement programme in New Delhi. Some of the leading names of Indian industry like Bharti Airtel, MMTC Limited, Genpact, Bharat Petroleum Corpn. Limited, Indiabulls Housing Finance Limited, Macquarie Global Services, The Federal Bank Limited, Wipro Limited and Universal Sompo General Insurance Company Limited etc., have confirmed their participation for the placement programme.
ICAI, through its Committee for Members in Industry (CMII), organises Campus Placement Programme at 16 different locations in the country. The programme is held twice every year in February-March and August-September. In 2013, about 120 companies participated in Campus Placement Programme and about 1600 candidates were offered jobs. The companies, which hired Chartered Accountants in 2013, mostly belonged to industries like Information Technology, Financial Services, Oil & Gas Refining, Banking, BPO, Telecommunication, Mining, FMCG, Agro etc.
Commenting on the placement drive, CA K. Raghu, President, ICAI, said, “This is an excellent opportunity for topline Indian companies to recruit the finest minds in the accountancy space. For budding chartered accountants, the campus placement programme means they can start their career on a high note and get exposed to managing finances of some of the biggest corporates and conglomerates.”
Banaras Hindu University to start MSc in forensic science
Banaras Hindu University in collaboration with a Hydrabad-based laboratory and two foreign universities will introduce a master’s course in forensic science. The Department of Chemistry, BHU will play a major role in this endeavour and will see a participation of almost 37 departments of the varsity. The course is expected to start from the next academic session (2014-15).
According to the vice-chancellor of BHU, Lalji Singh, the course will also be available online for the professionals from law, police, government and private investigating agencies. There will be no age limit for the online module of the course.
The V-C further said that the DNA fingerprinting and molecular diagnostics facility along with the forensic science study and research would give the region much needed investigative facility to provide forensic services, including DNA profiling, document verification, disputed fingerprints, cyber forensics and crime scene investigation, incident reconstruction, failure analysis, psychological evaluation and audio-visual identification and authentication.
Centre supports the nursery admission guidelines
The Centre has supported the nursery admission guidelines issued by the Lieutenant Governor of Delhi. In a short affidavit filed in Delhi high court on Monday, the Centre says in view of the provisions/clarification in the Right To Education Act, the order of the LG, Delhi on 25% seats for economically weaker sections and for awarding points for neighbourhood policy are “in consistency with the RTE Act”.
The Centre’s response came on batch of petitions filed by private unaided schools opposing the new nursery admission guidelines issued by the Lt Governor on December 18 by which various decisions, including scrapping of 20 per cent management quota, were taken.
Schools have maintained the admission norms take away their autonomy and right to choose students on the basis of reasonable criteria. The Action Committee of Unaided Recognized Private Schools has challenged the guidelines on the ground that autonomy of institutions will be curtailed by the government’s notification. HC had then sought the Centre’s stand.
The private schools had earlier been denied interim relief of stay of operation of the guidelines by the single judge bench and later approached the larger bench of the high court and the Supreme Court which also did not grant any relief and in fact, directed early disposal of their pleas.
GER in higher education in North East low
The All India Council for Technical Education (AICTE) chief SS Manth while addressing the 6th convocation of National Institute of Technology (NIT), Agartala stated that, the Gross Enrollment Ratio (GER) in higher education is very low in the North East Region. It can be improved by setting up a Virtual Educational Trust (VET).
Though the North East Region in the last decades has progressed in providing higher education and made a progress in GER, it is much below the national average, he added. Mantha further added that NE can set an example by contributing in the growth pattern by creating alternative systems like VET skill building and education.
VET is a team of professionals who have experience in the field of higher education and worked in various reputed universities of India.VET was established in 2001 with the objective to provide modern education with special emphasis on Information Technology and Management through virtual and distance mode. While concerning his grief over the maximum number of districts being terror prone, Mantha said these are the result of social and economic inequities and education in the country and such inequities should be narrowed down.


























