Indias premier management institute, the Indian Institute of Management Calcutta (IIM-C) has got new director in Dr Saibal Chattopadhyay, a senior faculty member in the Operation Management Group with more than 30 years of rich academic experience in India and abroad.

Dr Chattopadhyay took charge of the Directors office this week from the outgoing director Dr Shekhar Chaudhuri who led the institute for 11 years beginning November 2002.

Group Discussion (GD) is an integral part of final selection process at most of the B-schools. The group discussion is a tool for selectors to evaluate aspirants ability to gather their thought on a random topic and analyse the issue with its pros and cons based on facts and logic. It also tests their thought-leading capabilities, clarity in their argument, ability to articulate and team-leading capacity.

MBAUniverse.com brings to you a series of real account of GD, PI, WAT round at Top B School for admission in the session 2013-15.

Association to Advance Collegiate Schools of Business (AACSB) International, the global accreditation body, has released new set of accreditation standards. The new standards are aimed at helping business schools redefine the future of management education and meet the needs of business and society in the changing environment. The revised standards focus on triple objectives of Impact, Innovation and Engagement, and bring down the standards from 21 to 15.

Dr Samir Kumar Barua, director of the Indian Institute of Management (IIM) Ahmedabad, has been working as a faculty member with the institute for the last 32 years, last five years in the capacity of its director. His term ends next month.

XLRI will organize GNOSIS 2012, its annual finance symposium, in Mumbai on November 16 with an aim to bring together the industry and academia on the same platform to interact on contemporary industry issues. The institutes annual consulting conference, INSIGHT 2012, will also be held in Mumbai on November 15.

After encountering with the worst kind of slowdown in the recent times during 2008, management institutes have been devising ways to strengthen their industry network and ensure some kind of immunity from job loss due to recessionary factors and other reasons. In one such initiative, IIM Ahmedabad has tied up with LinkedIn to be in touch with its regular recruiters and keep a secondary placement option open for its alumni.

The 21 days of CAT 2012 will be over on Tuesday, November 6, 2012. While an increased number of CAT takers this year has helped dispel the skepticism over the growth of MBA education in India, the technical snags at some centers invited sharp criticism for the testing agency, Prometric. This season of CAT also witnessed a few more highs and lows. MBAUniverse.com has looked into the 20 days of testing and found out the positive and negative trends of the biggest MBA entrance exam which is the gateway to the premier management institutions like IIMs and other top B-schools in India.

HDFC chairman Dr Deepak Parekh has inaugurated a new research-focused B-school, MYRA School of Business, in Mysore on November 4. Located on a 10-acre campus, the new B-school aims to develop global competence in business education in India.

Despite the buzz about economic slowdown, good pre-placement offers are being given to students of various management schools, indicating a good hiring season ahead. International Management Institute (IMI) Delhi has kicked off this placement season on a very upbeat note with the highest pre-placement package of Rs 13.5 lakh being offered by the RPG Group.