Educational Institutes are becoming Catalysts for students who wish to start  become entrepreneurs. Check out what Times of India has to say.

“BE YOUR OWN BOSS” is the new market mantra.

Check what students of ISB & Great Lakes are doing to beat the recession heat.

http://epaper.timesofindia.com/Repository/ml.asp?Ref=VE9JQ0gvMjAwOS8wNS8yOCNBcjAwMjAw&Mode=Gif&Locale=english-skin-custom

To ensure that the students pursuing MBA remained in constant touch with their social responsibilities, the Great Lakes Institute of Management, a Chennai-based management institute, has started a programme ‘Karma Yoga’, which is now compulsory for all students.

Under this initiative, each student would devote at least three hours a week to the project and perform services in a village and this would continue for five months. “We believe that values such as selfless service are important for a student,” said T.N. Swaminathan, director of admissions and associate professor of marketing at the institute, explaining the rationale behind this initiative. “This would help them later in their career too.” This would also provide students with exposure to the rural milieu, he said.

Read the same on http://www.hindu.com/edu/2009/05/25/stories/2009052550261100.htm

Speaking on occasion of Great Lakes Convocation, Dr Arthur Warga, Dean Bauer College of Business!

Read the article at http://www.thehindubusinessline.com/manager/2009/05/25/stories/2009052550861000.htm

Fresh from his campaign in the elections to the Lok Sabha, to which he is contesting for the first time, author and former UN under secretary-general Shashi Tharoor felt his lessons from these experiences could apply to young graduates as well.

Speaking at the convocation ceremony of the Great Lakes Institute of Management here on Tuesday, he urged students to strive to make a difference in whatever career they chose. “I believe that as managers you have the responsibility to think about those who are not as fortunate as you are. I had the rare privilege as a young man of working with those who have lost everything the world’s refugees. I derived a lot of satisfaction from being able to lend a hand to fmailies who has lost everything, including hope. It is a privilege to help human beings. Whatever career you choose, make a difference,” he said.

Read the complete article on Times of India

Great Lakes Institute of Management (GLIM) is considering introducing a MBA course in Energy Management, in collaboration with the Global Energy Management Institute, which is a part of the Bauer College of Business at the University of Houston, US.

Read the complete article on Hindu Business Line

Chennai’s five year old leading business school, Great Lakes institute of management (Glim) has established a new campus at Manamai village near Mamallapuram. Adi Godrej, CMD, Godrej Consumer Products remotely inaugurated the green campus from the Chennai trade centre on Tuesday in the presence of industry leaders and officials.

Read the complete article on Economic Times

When most B Schools are finding getting decent jobs extremely difficult, Great Lakes has been able to succesfully place more than 85% of the batch and expects to reach 100% by Convocation. With more than 30 companies in pipeline less than 25 students left, 100% doesnt seem to be a distant dream.

Check the interim placement report (14th April – I am sure last 1 week has already had a positive effect on the numbers) on Great Lakes Website at http://greatlakes.edu.in/placementReport2009.php

Key Figures

Highest Salary – 22 L
Minimum Salary – 6 L
Average Salary – 8.5 L

The average salary has reduced by 12% due to economic slowdown but i do expect the final numbers will bring the average closer to last years and once again prove the growing acceptance of “Great Lakes Brand”

After Times of India, Deccan Chronicle today carries an article on one year MBA in India and AICTE approval plan for them. Surely a good news as many a times questions have been raised on accrediation both by prospective students and especially by Bankers approving loan. However, i havent seen apprehensions by corporates on this front but accrediation wouldnt surely do any harm.

Read the article

The raw materials are converted into appliances onboard this ‘floating factory’. Not only does this mean savings on factory costs, but the company is also making optimal use of the travel time, normally the most unproductive part of the whole distribution process. And no, this isn’t just wishful thinking. Professor Bala Balachandran, JL Kellogg Distinguished Professor of Accounting and Information Management, Northwestern University is currently working with this company (who he declines to name) on how to boost efficiency.

Read the complete article on Economic Times