Sunday, January 31, 2010

DoMS IIT Madras' Samanvay hosts a special Lecture by Dr. Alo Ghosh

DoMS IIT Madras on the second day of its annual B-School Fest Samanvay hosted a Special Lecture by Dr. Alo Ghosh. He is a Seasoned entrepreneurial CEO-CFO-COO, Private Equity principal, & business educator with diverse international strategy-finance-technology experience including as:  ‘Head of Ventures’ at largest infrastructure development fund in the South Pacific, Founder & CEO of Silicon Valley & India based technology outsourcing company, Finance & strategy expert at McKinsey & Co. in New York HQ – 5 yrs, Finance & strategy faculty at the Wharton School.

The session started with Dr. Ghosh giving a small introduction of himself as to how he moved onto different career paths from being a faculty at Wharton School to entrepreneur. He then focussed his attention to the financially led recession and the various factors associated with this, like overleveraging, excessive derivatization and securitization to mortgaging of subprime loans which finally led to the crescendo. He then explained how this recession had a very high impact on the real economy in form of high rates of unemployment which he explained was a lagging indicator of the economy. Dr. Ghosh then reemphasised the importance of having a diversified portfolio to budding finance whiz kids of tomorrow. He also explained what other things we needed to focus as future business leaders and encouraged students by saying that they were in the best place to be in today’s world and numerous opportunities awaited them in future.

The event then had an interactive session where the DoMS students already inspired by Dr. Ghosh’s message inquisitively put up questions. Impressed, Dr Ghosh further explained the diversification and the effect of interconnectedness of the very concept of diversification and how connectivity mitigates correlation. He explained how Indians had a different style of management which was quiet different from the American one. On being questioned on whether India should have a greater component of manufacturing in its economy, he said there was nothing wrong in having a consumption led service based economy by moving up the value chain and that in the modern world service industry had a profound importance. Taking this further he encouraged students to think innovatively and have an innovation led service economy.

Dr. Ghosh packaged the issues plaguing the economies of the world into an hour of wisdom seasoned just right to simulate intellect. The session ended with a positive note on the future of the economy and left the DoMSians asking for more.

Samanvay '10 kicks off in style

Samanvay 2010, the annual National Level Business fest organized by the Department of Management Studies, IIT Madras was inaugurated on Friday by Mr. K. Ananth Krishnan, Chief Technology Officer of Tata Consultancy Services. In his address, Mr. Ananth Krishnan talked at length about the emerging opportunities in the fields of technology and management. He also emphasised the need for the human side of management, collaboration among CFOs and disruptive innovation. 

In his inaugural address, Mr. Harish Damodaran, Senior Assistant Editor of The Hindu - Business Line threw light into the history of businesses and business communities in India. The inauguration was followed by a panel discussion on Public Private Partnerships, moderated by Mr Harish Damodaran, and attended by Mr Sandeep Saxena IAS - MD TNMSC, Mr T Ramaswamy-DGM Indian Bank, Mr P Santhanam-MD Hindustan Motors and Mr V Sivakumar-Director, PCRA.

Every year, Samanvay brings together the best brains from the top business schools all over the country, and experienced personalities from corporates, academia, media etc on to a single platform. The business fest, now into its sixth year, acts as a forum for management students across the country to showcase their managerial skills and also focuses on the contemporary issues faced by Indian businesses and economy. The theme for this year’s edition is "colours", signifying the different hues and shades of management like Finance, Operations and Marketing. Around 50 management institutions across the country are expected to participate in the various events over the weekend.  

Apart from various management competitions, Samanvay also hosts a unique outdoor competitive event in the lush green campus, which puts teams from the corporate world to compete against each other in the forest area and lake precincts of IIT Madras. The 3 three day business festival will end on Sunday evening.

Team DoMS Interface 
Batch of 2011 

Saturday, January 16, 2010

Admissions 2011 FAQs

1.   What is the degree offered by DoMS IIT Madras?

The degree offered by DoMS is MBA. It is a general MBA program where the students can choose electives from different specializations viz. Marketing, HR, Finance, Operations, IT and Business Consulting during their second year of study.

2.   What is the qualifying exam for admission into DoMS?

Students can apply through either CAT conducted by IIMs or JMET conducted by IITs and IISc Bangalore.

3.   How many seats are on offer at DoMS?

For the batch of 2010-12 8x seats are proposed.

4.   What is the eligibility criterion for admission?

The minimum academic qualifications to apply for admission to the MBA Programme at IIT Madras are as follows:

·       B.E./ B.Tech. (or equivalent) with First Class (or equivalent) from a recognized Institution or University

·       A Masters degree with First Class (or equivalent) in any discipline from a recognized Institution or University.

·     Final year students are also eligible to apply. Such candidates, if selected, will be admitted provisionally, on the condition that they complete all requirements for the qualifying degree before the start of the programme and produce provisional certificate of completion within two months of joining the programme.

Sponsored Candidate

Candidates may be sponsored by their employers to pursue an MBA at IIT Madras. Sponsored candidates should forward their application through proper channel. They must have a minimum of two years of work experience in the sponsoring organisation. These candidates must have a valid, good score in a national level entrance test such as JMET/CAT/XAT/MAT or equivalent. They will be selected on the basis of their performance in the group task and interview. Defence personnel are exempted from the national level entrance test and are encouraged to apply through proper channel.

NRIs and Foreign Nationals

NRIs and Foreign Nationals should forward their application through proper channel. They are exempted from the JMET, the interview and the group task. They will be selected on the basis of

·                  their GMAT score

·                  their academic record

·                  letters of reference and

·                  work experience, if any

5.  Is there any relaxation/reservation in DoMS IIT Madras?

Relaxation in eligibility criteria and reservation are followed as per GOI rules.

 6. What is the admission calendar followed by DoMS?

CAT is generally held between last week of November and first week of December, whereas JMET is conducted in the second Sunday of December. By the first week of January the results of these exams are announced and the application form for DoMS are also uploaded around the same time. Based on scores obtained by candidates a shortlist of candidates is prepared and called for GT and PI. GT/PI are generally held in months of March and April. Final admission results are announced subsequently.

7. Do I need to apply through CAT or through JMET?

A candidate can apply through either or both of their scores. After the application deadline the CAT and JMET scores are normalized and common shortlist is prepared on the basis of this normalized score.

8.   I have applied through both CAT and JMET which of the two scores would be considered for short listing?

For benefit of the candidates the better of the two scores would be considered for shortlisting.

9.   Are sectional scores considered for shortlisting?

For getting shortlisted you need to score a minimum in each section of JMET and/or CAT.

10. At what total and sectional score can expect to get shortlisted?

The cutoff score for getting shortlisted changes from year to year on the basis of scores of applicants.

11. What is the conversion ratio for DoMS?

Generally for every seat students are shortlisted in the ratio of 1:10 for GT/PI.

12. Does work experience help in getting a call at lower score?

At the shortlisting stage only CAT and JMET scores are considered. Your academic profile and work ex would be considered for final selection.

13. Can I get my GT/PI date and/or venue changed?

Generally we would discourage you from requesting for change of date or venue but for genuine reasons and based on administrative feasibility such a request can be considered.

14.  Do we need to come to Chennai for our GT/PI?

Apart from Chennai we generally also conduct our GT/PI at Mumbai and Delhi.

15. Is any accommodation provided at GT/PI venues?

Accommodation at nominal cost can be provided at Chennai centre only. DoMS Interface Team will be sending a separate mailer for this purpose in case you opt for Chennai centre. 

16. What else has to be sent alongwith application form?

Apart from the filled in application form a candidate has to attach the following:

·       Rank\score card of either or both CAT and JMET

·       Attested Caste certificate copy for SC\ST\PH\OBC quota candidates

·       Attested copies of your academic credentials

·       Any proof of work experience stated by you in the application.

·       A statement of purpose as to why you want to join MBA program here.

17. What is the program fees for two year MBA program?

For MBA batch  of 2010-12 the total fees (including hostel and food) should be around Rs. 3 lac (subject to change)

18. What else is considered for final selection?

The final selection will be based on

·       The performance in JMET / CAT

·       The performance in the interviews and the group task

·       The previous academic performance

·       Work experience, if any

19. How are placements in DoMS?

Beginning with the Class of 2003 until the Class of 2009 now all batches have graduated with 100% placements in reputed organizations in India and abroad (all figures are without considering the variable component of the CTC). For more details please check out the 'Student Siren' section on this page.

20. Does DoMS have any student exchange programmes?

We have an MOU with ISB Hyderabad for management Research and apart from that we have MoUs with various universities from around the world specifically those in Germany. For more details please check out the 'Student Siren' section on this page.

21. Apart from MBA what other programmes can I apply for in DoMS?

Apart from our flagship MBA programme MS- Research, MS- Entrepreneurship and PhD programmes are also offered.

Check out this for more inside information
*The above has been compiled by the students themselves and has no official link with DoMS IIT Madras

Sunday, January 10, 2010

Samanvay 2010 - Serious Fun

The Department of Management Studies, IIT Madras proudly presents its annual B-School fest, Samanvay 2010. Celebrating synergy, that connects all living creatures and the Samanvay in the universe since its evolution from big bang, is core to our B-feast. But Samanvay is about something else too, it’s about having fun seriously. Fun is an integral part of DoMS culture. We believe in having fun while doing serious things and that’s the modus operandi at DoMS. What could be the better way than to celebrate this spirit with plethora of events where there is something for everyone!

This year, Samanvay will be organized from the 29th to 31st January 2010. As always, it promises action packed events that challenges the intellect of the participants. There are events from all spheres of management ranging from HR to Consulting. There is an adventure, team-building event called OBD exclusively for corporates.

Theme for the year is "colours" signifying the varied hues to management. Management in all its perspectives and background represents the vibrancy of coordination just like the colours of a rainbow combine to product light which powers our vision.
Come, join in the fun! All are invited.

Team DoMS Interface 
Batch of 2011 

Monday, January 4, 2010

DoMS IITM professor awarded

Meet Dr. Thillai Rajan, an Assistant Professor in the Department of Management Studies at the IIT Madras, and recipient of the Outstanding Young Management Teacher Award from the Association of Indian Management Scholars (AIMS) International. He received a gold medal and citation at the Seventh AIMS International Conference on Management held last week at IIM Bangalore, where he was a Fellow in 2000. Besides, he was also chosen for the Dewang Mehta award for the best faculty in Finance in 2009.

His work is primarily concerned with private equity in infrastructure, as an upcoming source of financing. At IIT Madras, he has been taking a course in venture capital and private equity for the MBA students, but more recently, this has been developed into a research programme. Prof Rajan says, "India is number three in the world in terms of venture capital and private equity, but when it comes to research, there is very little that has been done." His background in terms of experience in industry is a valuable aid by way of insight into the processes involved as well as the right contacts, in allowing him to proceed with such research. It is this gap that he is seeking to correct with his work. Among other things, he notes that he has been involved in "the first-ever third-party report published on private equity". Prof Rajan has also recently been selected for a Fulbright Nehru Fellowship at Harvard University in America, where he will be based between now and June to collaborate and work on these areas of interest. He plans to work on further evolving the conceptual and theoretical framework that the research programme he is currently running centres on. He will be using a survey-based approach to work on private equity in infrastructure specific to India during his stint at Harvard.

Courtesy :  The Times of  India

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