Mr. R. Gopalakrishnan, Executive Director, Tata Sons Limited will be the Chief Guest on the occasion. Apart from the students getting their diplomas and degrees, the prestigious Sir Jehangir Ghandy Medal for Industrial and Social Peace will be awarded to Mr KV Kamath, MD and CEO of ICICI Bank. The medal was instituted by XLRI in 1966.

Confirming this with MBAUniverse.com, Dr SP Parashar, director, IIM I, said, Yes, this year we are increasing our tuition fee from Rs 1.5 lakh to Rs 1.9 lakh.

When MBAUniverse.com questioned the rationale for the fee hike, Dr Parashar clarified, We are increasing our fee because providing quality education has become more expensive now. Also, we havent raised our fee for many years. The last time we increased our fee was in 2004 when we increased it from Rs 1.25 lakh to Rs. 1.50 lakh.

Mr. Rahul Bajaj, CEO, Bajaj Auto, and Mr. Baba Kalyani, chairman and managing director, Bharat Forge, and member of the Board of Governors of IIM Indore, presided over the function.

According to information shared with MBAUniverse.com by IIM-I, postgraduate diplomas of management and degrees for the executive postgraduate program of management were given out by Mr Kalyani, while Mr Rahul Bajaj awarded Scholistic Medals (IIM-Is gold medals for scholastic achievement) to three students -- Ankur Bhajanka, Ritesh Bansal and Rohit Arjunwadkar.

With this, XLRI can look forward to student exchanges, research projects and other areas of cooperation.

Says a XLRI news release: XLRI realizes the importance of overcoming the physical and mental boundaries set by nations. The tie-up is aimed at promoting cross-cultural learning and international cooperation. The exchange of ideas and views on political, social, economic and legal issues would help the participants.

The title of Fellow of IIM-B was conferred on 8 students, the Postgraduate Diploma in Management were handed out to 234 students, the Postgraduate Diploma in Software Enterprise Management to 104 students and the Postgraduate Diploma in Public Policy and Management to 33 students.

This was the advice given by Mr. Nandan Nilekani, CEO and MD, Infosys Technologies, when he delivered his convocation address at IIM Bangalore onMarch 26. Neither pure a specialist nor a generalist approach is sufficient to succeed in the flat world. Successful managers of the future need to be of a third kind the Versatilist. Imagine yourself as a Swiss Knife -- you are equipped with a variety of skills, which you can snap open to meet the demands of any situation.

Dr BS Sahay, director IMT-Ghaziabad and Dr Anwar Ali, director IMT-Nagpur offered progress reports of their respective institutions. Students were handed out their diplomas and medals. And after the formal ceremony, it was time for hugs and celebrations all around. MBAUniverse.com captures the mood from the campus.

In his Directors speech at IMT Convocation 2007, Dr B S Sahay, director, IMT Ghaziabad, said, In its efforts to bring world class education and give a wide exposure to students, IMT has been actively seeking to extend ties with foreign institutions. With these international collaborations, we now have the potential to send 60 students on exchange programs. This brings new opportunities for students.

The finals were held on 27th March 2007 at JBIMS, Mumbai. Speaking with MBAUniverse.com, LOreals India MD Didier Villanuevas said, Overall the presentations were much better than last year. The two teams from IIM A and MICA were on the top of the heap. It was tough to decide but in the end we gave the award to the team from MICA. It was a more holistic presentation.

MICA team will now fly to Paris to compete against the national winning teams from each country and present their Marketing Strategies to LOrals CEO, Jean-Paul Agon and other LOral top marketing managers.

In his directors report, Dr Anwar Ali, director, IMT Nagpur, noted the steps that the institution is taking to make its presence felt. The year has seen IMT Nagpur strengthen its position as a premier business school, he observed.
In terms of placements results in 2007, Dr Ali said, A total of 32 companies were involved in the placement process. The average salary has increased to Rs 4.67 lakh, while the highest salary this year has been Rs 7.41 lakh.