After a fortnight of confusion and chaos over inflated CAT scores that has caused major embarrassment for top non-IIMs and shaken credibility of CAT amongst MBA community, IIM Lucknow Director Dr Devi Singh feels that IIMs should own this failure as they are directly responsible for all the process relating to CAT. In a candid chat with MBUniverse.com, Dr Devi Singh admits that IIMs should have adopted a better approach to deal with the crisis over inflated CAT scores.

XLRI Jamshedpur has kicked off a financial literacy program for the adjoining villages across East and West Singhbhum districts to spread awareness on benefits of banking and insurance and facilities available to bank account holders.

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AICTE will conduct first CMAT for admission year 2014-15 in a five days window beginning September 26, 2013. The registration for first CMAT of the season begins on July 3, 2013 and the last date for the same is August 21, 2013, AICTE said in a notification.

From this testing season, AICTE has added test venues in five foreign countries including Kuala Lumpur (Malaysia), Kabul (Afghanistan), Kathmandu (Nepal), Lagos (Nigeria), and Dubai (UAE).

Management Development Institute Gurgaon has inducted new batches under its different management programmes including flagship PGPM, PGP-HRM and PGP-IM for the academic session 2013-15, during a 5-day ceremony at its campus.

With digital communication increasingly becoming order of the day, Mudra Institute of Communications Ahmedabad (MICA) has started a specialization in Digital Communications Management for its flagship 2-year Post Graduate Diploma in Management Communications (PGDM-C) from this academic session.

According to the institute, the new course in Digital Communication will be the part of the current academic year, but will be applicable to the students once they reach the second year of their PGDM(C).

Indian Management Conclave (IMC) Awards 2013 has received huge response with over 50 nominations in different Awards categories entering from across B-schools in India for the first time Awards instituted by MBAUniverse.com, the hosts of Indian Management Conclave.

The IMC Awards 2013 winners, which will be decided by an eminent jury, will showcase their unique ideas initiatives implemented at their respective B-schools through a presentation at IMC Conference 2013. The IMC 2013 Awards will be held in conjunction of IMC Conference 2013 on August 2-3 in New Delhi.

The concluding day of 4-day orientation programme at Indian Institute of Management (IIM) Raipur witnessed top corporate leaders addressing the new batch and exhorting the students to be ready to learn the management theories along with its applicability in the fast changing market places.

The 4-day orientation programme for the 4th batch of Post Graduate Programme in Management (PGP) and the 2nd batch of Fellow Programme in Management (FPM) at IIM Raipur ended on June 30, 2013.

SVKMs Narsee Monjee Institute of Management Studies (NMIMS) will conduct NMIMS Management Aptitude Test (NMAT) 2014 in almost one and a half month window beginning 5th October and ending 18th December 2013. The registration for NMAT 2014 will open from 4th July for admissions in its School of Business Management for academic session 2014-16. The registration for NMAT-2014 opens from July 4, 2013.

Ministry of HRD has set up a committee to probe into the inflated CAT score scam and fix accountability for the discrepancies that has caused major embarrassment for Indian Institutes of Management (IIMs) and marred the credibility of the most prestigious MBA entrance exam used by many top non-IIMs for admission process also. In an official statement, IIMs said that a special committee has been set up by the HRD Ministry to probe into the different aspects of the inflated CAT scores published on the official CAT website.