All work and no play makes Jack a dull boy. It had been almost 2 weeks since the batch of 2016-2018 entered the hallowed SIOM grounds, with hopes and anticipation. With lectures and committee registrations going on in full swing, a respite was well needed and that came in the form of Out Bound Learning or what is called OBL.

Mr S K Roongta, Chairman, Steel Authority of India was the Chief Guest on the occasion, where the 58 students from the PGDM programme (2006-08 batch) and 62 students from the MBA degree programme of UP Technical University (2005-07 batch) received their degrees and diplomas. Mr Sharad Jaipuria, Chairman, Board of Governors, JIM Noida conferred the MBA degrees and PGDM diplomas to the graduating batches.

The programme was inaugurated by Mr Hari Shankar Singhania, Former Chairman of IIM-L. Dr Jamshed J Irani, Chairman, Board of Governors of IIM L and Director, Tata Sons and Dr Devi Singh, Director of IIM-L were present at the occasion.
IIM-Ls IPMX is a one-year residential programme for middle and senior level professionals, to prepare them for leadership roles. The course offers specialization in Finance and Economics, Marketing Strategy and Consulting, HRM, as well as Operations and Technology Management.

The average salary for the one-year PGPM programme of 2007-08 is pegged at Rs 9.70 lakhs. The average salary offered to graduates with more that four years of experience is higher at Rs 12.1 lakhs.

The program offers professional training in specialized subjects such as Insurance Sales Practices and Management, Insurance Products, Legal and Regulatory Aspects of Life Insurance and will also cover the fields of General and Marketing management.

The Memorandum of Understanding was signed between Mr. Sunil Sharma, Executive Director and Chief Operating Officer, Max New York Life Insurance and Dr. M. S. Raste, Vice Chancellor, Symbiosis International University.

The process attracted 54 companies, as opposed to 23 last year, and made 101 offers to 53 participating students. The average salary of individual offers stood at Rs 17.8 lakhs (an increase of close to 20% from previous year), while the highest domestic offer was Rs 33.8 lakhs and the average of international offers was USD 130,000 (an increase of 30%).

XLRI says that sponsored candidates have also got elevated roles and middle/senior management responsibilities from their parent companies.

The conference will address several issues like rising global competition, role of corporations and survival strategies for corporates.
Talking about the conference theme, Dr D P Goyal, Director of IME says, Impact of IT can be felt on business process, E-commerce and Business Intelligence. Value of Information Technologies has evolved in business organization from a status symbol to that of a back bone. Use of such tools and technologies and their suitability for business advantage, rather sustenance has always been an area of concern.

Instead, an emerging tribe of MBA- Entrepreneurs is emerging who under go the best management training at B-schools, and leverage it to pursue their dreams. This year, almost all campuses that MBAUniverse.com Placement Report 2008 surveyed, graduates have opted to take the road less travelled. Interestingly, B-schools are supporting and promoting this trend wholeheartedly.

They are putting more and more emphasis to Job Profiles on offer, and even choosing lesser salary for a better job content. Corporates, on their part, are tailoring specific profiles and positions to lure whiz-kids. This is a significant trend emerging from the MBAUniverse.com MBA Placement Report 2008 that surveyed top 20 Indian B-schools.