LinkedIn announced the launch of LinkedIn Placements, a locally developed product aimed at making it easier for graduating students across India to find their first jobs, and for placement officers and recruiters to manage campus placement initiatives.The students segment is one of the fastest growing demographic for LinkedIn, the world’s largest professional network, with over 33 million members in India and 400 million globally. A recent study conducted across Asia and the Pacific by LinkedIn revealed that fresh graduates and early professionals (those with less than a year of experience) feel that it is now harder for them to land their first jobs, compared to two decades ago - more than a third said they believe it will/did take them one to three months to land their first job. LinkedIn’s partnership with MTV to help students get internship opportunities at prominent companies in the country also pointed to the level of competition for jobs – 1,00,000 applications for 12 internships. The tough competition for jobs amongst a fast-growing population of graduating students was a key factor in LinkedIn’s decision to develop and pilot LinkedIn Placements in India. “Our conversations with students, placement officers and recruiters involved in campus recruitment point to an unmet need for efficiency and effectiveness. We are excited to start this journey to provide a locally developed solution that helps to improve the experience and processes for everyone involved in the entire campus recruitment ecosystem,” said Ganesan Venkatasubramanian, Head of Engineering, LinkedIn India.LinkedIn Placements was developed as a first step to help connect graduating students to their first jobs at a massive scale. In particular, it transforms the campus recruitment process for three key groups of players: students, placement officers and recruiters. Helping Students: Apply anywhere, anytime and stay informedLinkedIn Placements provides visibility to students by making it possible for them to track most suitable jobs, apply for these jobs and receive updates on their job applications in real time. It allows them to connect with their alumni groups and leverage these to build their professional networkEmpowering Placement Officers: Efficiency, automation and placement analyticsLinkedIn Placements makes it easier for placement officers to organize all data and take decisions that can help achieve maximum placements. For example, the placement officer can easily see the offers a student holds and take action to ensure future applicants conform to the placement policy of the collegeEnabling Recruiters: Easy to post jobs and filter candidate pool before visiting campus.LinkedIn Placements enables recruiters to post jobs and filter candidates they want to meet, ahead of the campus visit. This way, they can focus on their core job of interviewing pre-selected candidates during the campus visit.(BW Online Bureau)
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Viraj Jit Singh, Chief Marketing Officer of KidZania India talks about the second global indoor theme park, investment, partnerships and marketing strategies
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By Haider Ali Khan The Indian School of Business (ISB) is all set to launch a healthcare management programme (HMP) to groom doctors and healthcare professionals. This course will train professionals to move into leadership positions in the near future and drive the growth of the sector. The one-year, part-time programme, designed and developed by the Max Institute of Healthcare Management and the Centre for Executive Education at the ISB, will commence in January 2016. “There is a serious paucity of well-trained quality healthcare management professionals in India. The impressive increase in investment and capacity of the private healthcare industry in India in the last few years accentuates this shortage,” Analjit Singh, founder, Max India Group and founder-supporter, ISB’s Mohali campus, said in a release on Monday (02 November). “Further, as we deal with lives and care of our patients, the finesse required in management deserves specialised training. Management, science and art have to all come together. This one-year programme is a step to remove this glaring inadequacy in India’s healthcare set up,” he added. This one year programme is a step to remove this glaring inadequacy in India s healthcare set up, Singh said. Ajit Rangnekar, dean, ISB, said, “The HMP has been designed in close collaboration with the healthcare sector, practicing professionals and academia.” "An Academic Advisory Council, comprising eminent faculty from across the world, provides academic oversight and an Industry Advisory Council that includes senior leaders from organisations like Max Healthcare Global Hospitals, Fortis Healthcare, Care Hospitals, and Narayana Netralaya brings in the industry perspective," he informed.
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Edelweiss Financial Services, India’s leading diversified financial services group, has signed a memorandum of understanding with the Indian Institute of Management, Ahmedabad (IIM-A), to set up a Edelweiss Term Chair of Finance that will help IIM-A set up a corpus fund for the purposes of research and for higher levels of learning in the areas of finance within the Institution."Today's complex world of finance is ever-changing, highly inter-connected, with inter-linkages across business, government and society,” said Rashesh Shah, Chairman and CEO, Edelweiss Group. “There is a clear need for collaboration between industry and academia in order to develop new thought, new ways of looking at things and to ably spot, understand and smartly navigate the emerging winds of change. Having experienced first-hand the thought leadership that IIM-A provides, led to the decision to endow the Edelweiss Chair of Finance. The chair aims to support faculty for research around higher levels of learning in the areas of finance, markets and economy."The financial markets have grown considerably in size, complex and inter-connectedness, therefore, there is need for more new thought and research emerging from India on the new areas we see within finance such as quantitative finance, financial economics and insurance.“The partnership will help us do valuable research that will help create a positive impact for financial services in the country. ” said Professor Ashish Nanda, Director, IIM-A.
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King's College, Taunton an independent co-educational secondary day and boarding school in Somerset, England, has joined educators in India to form the first British Partnership school in the country. Keeping in mind its educational background, Rohtak was chosen as the location for this new type of school.King’s College India, Rohtak is scheduled to open in August 2016 for children in years 1 Standard to 8 Standard. However, the admission process is likely to begin by November 2015 and the school will be taking enrolments for children aged 6 to 13, mirroring the UK Prep-school system.Bradley Sailes, Principal, King’s College India, said, “ am looking forward to welcoming the children to what I am sure will be a very special school where we value every student for all their talents both those realized and others whose potential is yet to be achieved”The curriculum will initially be modeled on the British Common Entrance system, which generates academic excellence for children up to 13 and creates a platform for later high-performing success at IGCSE and A-levels.King’s College India will be offering a variety of boarding options starting with day boarding, Flexi boarding (selected nights), weekly boarding and full boarding. The boarding ethos and structures of King’s College, Taunton are of tremendous value and will be one of the many differentiating factors from other international schools. Boarders will enjoy a high standard of house accommodation – homely common rooms and dormitories combined with sympathetic and dedicated House Parents will ensure a warm hearted and happy atmosphere.Rohtak will be headed by Bradley Sailes who himself is an alumni of King’s College Taunton and has 24 years experience in the field of education both in the UK and abroad. He was the highly successful and respected Principal of Adesoye College, Offa, Nigeria (a leading private school in the educational sector in Africa) for six years prior to accepting the position as Headmaster of King’s College India.King’s College India intends to instill in its pupils a desire for excellence and a love of learning which extends beyond the confines of the academic classroom. It believes that all students should develop independent, enquiring minds and be encouraged to realize their full potential in the classroom, artistically and in sports.(BW Online Bureau)
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By Haider Ali Khan The Ministry of Human Resource Development has decided to set up a review committee to go into issues related to the research fellowships provided by the UGC, covering both NET and non-NET fellowships. The committee will submit its report to the ministry within December 2015. For over two decades, the All India National Eligibility Test (NET), a competitive examination conducted twice a year by the University Grants Commission has been the basis for the research fellowships. The non-NET Fellowship Scheme was introduced by the UGC in 2006. It is presently limited only to 50 institutions including central universities and those with potential for excellence. Almost 35,000 students are presently availing of these Fellowships. From December 2014, the HRD Ministry has enhanced the support provided to research fellowships based on the NET. Junior research fellows will receive, Rs 25,000 per month for the first two years and 30 per cent House Rent Allowance (HRA) as well as a contingency grant for each year. Senior research fellows will receive, Rs 28,000 per month for the next three years and 30 per cent HRA and a contingency grant for each year. The government has decided to establish a review committee to go into the issues related to the research fellowships provided by the UGC, covering both NET and Non-NET fellowships. The review committee will submit its report to the ministry within December 2015. The issues with the committee are, the feasibility of enhancing the number of NET fellowships, which are merit based, establishing a transparent system of transfer of fellowship amounts each month to the Non-NET fellows, which is presently being done on a reimbursement basis, and without the direct benefit transfer mandated by the government, bringing the benefits and opportunities of the non-NET fellowship scheme to a larger number of universities, including state universities, considering economic and other criteria for eligibility for non-NET fellowships, recommending guidelines for the selection, coverage, award, and administration of the non-NET fellowships. Irrespective of the recommendations of the review committee, all existing and continuing fellowships, NET and non-NET will continue without any change.
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India's premiere B-School IMT Ghaziabad has started its summer placment with the bang by placing 42 per cent students in top MNCs. With highest stipend of Rs 75, 000 per month, close to 62 per cent of the PGDM 2015 batch received record internships with average stipend witnessed a whopping 26 per cent increase.Summer placements for the year have found representation from all large consulting firms including Deloitte, KPMG, Ernst & Young, along with corporate from the pharma companies which came in for placements in the current academic session.Vishal Goyal, Group Head - Corporate relations, IMT Ghaziabad and Dubai said "At IMT, summer internships are an integral part of our PGDM academic program. Understanding importance of trainings and internships in a students' career, IMT seeks to offer cutting-edge placements, which are in harmony with the emergent demands of today's highly competitive corporate world. IMT intends to provide nothing but the best campus summer placements to its students and our recruiters play an important role in grooming our students into future managers and leaders through their internship programme.""Top recruiters are increasingly looking at IMT to offer internships and jobs, which stands testimony to the strong talent pool of the institute. IMT will continue to maintain the high standards in the coming placement seasons as well", he added.The average pay package for IMT summer placements is increasing year on year basis. This year, stipend for summer internship has gone up to Rs 50,000 for a 5-month internship programme. Proving the placement prowess of the B-school, top-notch companies made rounds of IMT campus, noteworthy amongst them being dominant players from the industry like Uber, shopclues (E commerce), Britannia, GSK, Wipro CCL, Agrotech, Perfetti, Godfrey Phillips, (FMCG), J P Morgan, Tata Caps, (BFSI) Mahindra (Automobile) Microsoft (Tech) PWC, EY, Deloitte, KPMG (Consulting).(BW Online Bureau)
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In a bustling coffee shop, Kabir Chadha, Coursera’s India Country Manager, a man with a mission, lays the online open learning company’s ambition for the country. “The ultimate goal is for a non-English speaking person with poor internet connectivity, accessing the site through a mobile phone, living in a tier-III city being able to get on Coursera,” he says.
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