SIMPLE STEPS TO EFFECTIVELY MANAGE THE STUDY SCHEDULE FOR A COMPETITIVE EXAM

SIMPLE STEPS TO EFFECTIVELY MANAGE THE STUDY SCHEDULE FOR A COMPETITIVE EXAM

    When competitive exams are near, one has to get set to give the best. Here are some tips for easy preparation.
START BEFOREHAND
    First of all, avoid making reasons of there being ample time for the exam. Start studying in advance so that you can revise a lot before the exam and it will also ease your pressure at the end moment.
TIMETABLE FOR STUDY
    Make a timetable for your study and follow it meticulously. Dedicate enough time for study. Write down the total subjects you have for the exam and dedicate time specifically.
PLAN THE TIMING
    While making the timetable, dedicate more time for a subject which is difficult for you. Doing it later or avoiding it might create problems. Hence, start with them and divide the timing alternatively. After finishing a difficult subject, go for a lighter subject so that your brain will find it easy to concentrate and you will love the variations.
STUDY AT A DESK
    Avoid studying on a bed. Many people like to read on the bed while studying. However, one can get easily distracted. Hence, study at a proper desk to ensure that you remain fully alert.
ORGANISE YOUR STUDY While sitting on a chair and table, check that the chair is suitable and does not strain your back. Your posture should be right so that you will be comfortable while studying. Clean your desk thoroughly before studying and make enough space for your notes and books. Remove unwanted items and de-clutter the space as
your mind will feel fresh for study. Ensure that there is enough light.
EASY APPROACH While just mugging up the topic might confuse your mind, follow the right path. Have the habit of writing down while learning. Highlight the important points of your study on your notepad. While taking notes mark the important points with marker. You can even write down the important formulae and Maths equations on stick-ons and put it on your desk board so that they will always remain in front of you. This way you will find it easy to remember them.
SOLVE MOCK TESTS
    This method will boost your confidence. You can tell your elder siblings or parents to set a question paper for you. Set the time according to your exam and solve it accordingly. Avoid any kind of distractions and be true to yourself. This mock test will help you measure the amount of study you have done and the amount of study you need to do.
TAKE A BREAK
    While studying, keep in mind that you need to take a break as well. Taking a break will freshen up your mind. You can take a walk, enjoy your favourite sport in the evening or meet a friend for a chat. However, dedicate the right time for your break in the time table and follow it.
RIGHT FOOD
    When exams are near, avoid junk food from outside. Avoid heavy oily food as that can make you lethargic. Eat nutritious homemade food which will keep you fit during the exams. Don't study on an empty stomach or don't eat too much food at one time. Take small amounts of food at regular intervals so that you can concentrate better.
GROUP STUDY
    You can invite your friends for studying and help each other in solving difficulties. You can discuss certain study topics and make it easy to understand. However, ensure that you don't divert attention from your study.

IF UNDERSTANDING A DANGEROUS MIND INTRIGUES YOU, FORENSIC SCIENCE IS AN IDEAL FIELD

HAVE A CLUE!

IF UNDERSTANDING A DANGEROUS MIND INTRIGUES YOU, FORENSIC SCIENCE IS AN IDEAL FIELD

    Forensic science is primarily concerned with the application of scientific principles for the investigation of crime. Using the very latest in technology, forensic scientists convert the clues collected from a crime scene into evidence admissible in a court of law. It is the use or application of science in courts or legal proceedings. This is a challenging and interesting field for those who have are inquisitive and loves adventure.
    Forensic Science is essentially a crime laboratory-based profession. The course qualifies students to apply their knowledge of science to the investigation of crime. But the expertise of a forensic professional is also used in civil cases for issues like proving the validity of a signature on a will, to a claim of the products liability, to find out whether an industry is complying with environmental rules.
    The scientists analyse all physical evidence found on a victim on the scene of a crime and compare it to evidence found on a suspect and provide expert testimony in a court of law. The evidences might include traces of blood, saliva, other body fluids, hair, fingerprints, footwear and tyre impressions, explosives, specimens of tissue for poisons, blood and urine for alcohol etc. Their expertise lies in the determination of facts using these evidences. They have to prepare a report of their investigation and appear in the court to give evidence. They work closely with the police to provide scientific evidence that is admissible in the court.
    Forensic science is not a discipline or branch of science, but is a catch-all for many distinct disciplines. It is broadly grouped into three: Medical, laboratory and field science.
    Forensic/career/options/forensic/datamedicine is a broad medical subject which includes forensic pathology, psychiatry, psychology, forensic medicine and odontology (dentistry). Laboratory sciences include chemistry, biology, toxicology, ballistics, fingerprints, questioned documents and marks and impressions. Field sciences include crime scene investigation which incorporates areas such as fire and explosion scenes and clandestine drug laboratories.
    Candidates with a background in Science subjects can pursue a career in forensic science. One can do graduation in forensic science (i. e B.Sc. Forensic Science) after 10+2. After graduation they can take up diploma courses in Forensic Science and Criminology which is of one year duration. To take up a Masters course in forensic science you need to be a graduate preferably with a first division in Physics, chemistry, Zoology, Botany, Biochemistry, Microbiology, B.pharm, BDS or applied science.
    To become a specialist who conducts post-mortems on dead bodies to find out the cause of death, you must first secure an MBBS degree and then go for an MD in Forensic Science. All Indian Universities that offer MBBS courses also offer an MD in Forensic Science.
    For Research : Indian nationals below 30 years and who have obtained 1st class marks in Master's degree in any one of the subjects : Physics / Chemistry / Biochemistry / Anthropology / Zoology / Molecular Biology / Maths (with Physics as one of the subjects at the bachelor degree level) / Biotechnology / Microbiology / Computer Science / Computer Engineering / Forensic Psychology etc. or M.Phil in the same subjects whichever is the essential qualification for the award of Ph.D degree of a recognised Indian University.
    Personal attributes: An inquisitive nature and a concern for accuracy is the main attribute required to be in this field. They must have keen observation, intelligence, an eye for detail, ability to work along with a team, a logical, practical and methodical approach. An aptitude for scientific analysis is essential.
JOB PROSPECTS
    They can find employment with law enforcement agencies, police, legal system and in the investigative services of the government and also private agencies. They can also work as teachers in institutes that conduct courses in this subject.
    Opportunities for forensic scientists exist in government organisations such as the Intelligence Bureau (IB), the Central Bureau of Investigation (CBI) and as investigative officers in the crime cells of state police forces. Forensic experts essentially work in forensic labs and sometimes even in large private detective agencies to establish the link between the criminal and the crime.
CAREER OPTIONS
    There are variety of options for forensic professionals. They can specialise in subjects as varied as medicine, engineering, fingerprinting, insect study, languages, geology etc.
    Crime Scene Investigation: Scene investigation involves issues such as security, prevention of contamination, locating and collecting relevant items of evidence, interpretation of evidence and possible reconstruction of the event. Scenes can range from a relatively simple house break to a fire in a multi-storey building or a city bombing.

CIMA- THE CHOICE OF PROFESSIONALS

CIMA- THE CHOICE OF PROFESSIONALS

ABOUT CIMA
    CIMA (Chartered Institute of Management Accountants) is a leading professional body that offers a globally recognised management accounting qualification. Founded in the UK in 1919, it has over 195,000 students and members in 176 countries. The CIMA professional qualification gives you a unique combination of finance as well as business management skills. A syllabus updated every four years based on global employer feedback makes it the preferred choice of organisations around the world.
ENTRY ROUTES
    You can opt for CIMA right after Std XII with the CIMA Certificate in Business Accounting (Cert. BA). The first level of the CIMA professional qualification, it helps strengthen your fundamentals in finance and accounting. CIMA Certificate in Business Accounting is a qualification in its own right. Its presence in your CV will give you an edge while looking for a job or applying for higher education.
    If you are a CA/ ICWAI member or passed finalist/MBA/MCom, you can even fastrack your way through the CIMA qualification by appearing for the CIMA gateway assessment exam.
JOB PROSPECTS
    Over 4500 organisations worldwide recruited CIMA qualified professionals last year. That includes 98 of the top 100 global brands. In India, too, demand for CIMA qualified professionals is constantly on the rise. According to the 2012 CIMA India Salary Survey, CIMA members in India have an average salary of Rs 23.35* lakh pa. CIMA part qualified students earn an average salary of 9.98* lakh pa.
CIMA MY JOBS
    CIMA has a unique platform to showcase the job opportunities that are ideal for a CIMA qualified professional. About 2,80,000 visitors frequent this portal. To know more about the kind of jobs available for CIMA qualified professionals in India, or to start with free job postings right away, visit www.myjobs.cimaglobal.com.
SPECIAL OFFER
    Best of all, if you register by 31 December 2012, you can save £100 (approx. Rs. 8500*). Also, if you are one of the five lucky new students to register, you stand to win full CIMA qualification scholarships*.
To avail this offer, register using the promotion code: OctIND2012. To register or know more, please contact CIMA India Liaison Office T. +91 22 4237 0100, +91 22 4237 0111, +91 22 3291 1383 E. india@cimaglobal.com www.cimaglobal.com/india *Terms & Conditions apply

FAST-TRACK JOBS, RISING SALARIES, EXOTIC DESTINATIONS AND EXCITING EXPERIENCES MAKE HOTEL MANAGEMENT ONE OF THE HOTTEST CAREERS!

SERVING UP HOT CAREERS!

FAST-TRACK JOBS, RISING SALARIES, EXOTIC DESTINATIONS AND EXCITING EXPERIENCES MAKE HOTEL MANAGEMENT ONE OF THE HOTTEST CAREERS!

    Hotel Management, Travel & Tourism and service industry careers have become highly sought-after
    careers for millions of young professionals in India. The industry has changed significantly, offering high salaries, stability and career growth. In fact, students with hospitality degrees are in high demand, not just in hotels, but also from a variety of companies in the service industry.
    Established in 2002, ITM Institute of Hotel Management has been the choice of thousands of successful hospitality professionals, who benefitted from the cutting-edge curriculum, extensive industry connections, top-notch placements and an exciting and fulfilling experience. With a passion for developing full-trained and versatile hospitality professional that exceed industry expectations, ITM IHM has become the preferred recruitment partner of India's top hotel chains. In 2011, Competition Success Review Magazine rated ITM IHM as the No. 1 Hotel School in India!
    Realising that hospitality graduates are looking beyond careers in hotels, ITM IHM has collaborated with industry partners and global institutions to develop advanced programs in hospitality and services management. This provides students with opportunities in different industries and sectors beyond the hotel industry.
    What's more, ITM IHM really focuses on personal grooming, soft skills, language abilities and professional development - delivering a comprehensive and well-developed educational experience to students.
    ITM IHM's degree programs in hospitality are highly respected and valued by the industry. Affiliated to Mumbai University, the Institute offers a 3-year B.Sc Hospitality Studies program, as well as a highly respected B.A. International Hospitality Management program in collaboration with Queen Margaret University, UK. Both programs include cocurricular activities, including industry visits, training programs; extra-curricular activities and a whole lot more.
STATE-OF-THE-ART
CAMPUSES
    The only way to excel in the field of hospitality is to train and study in an environment that reflects the state of the hotel industry. ITM IHM has launched a brand new campus in Navi Mumbai that features luxurious classrooms; spacious fully equipped labs including 4 kitchens, a demo kitchen, 2 restaurants, a large cafeteria, extensive library and more. ITM IHM's Oshiwara campus, which was launched in 2011, is yet another state-of-the-art facility, equipped with the same high standards in its numerous labs, classrooms and student amenities.
DUAL CERTIFICATION
    ITM IHM has created the industry's first DUAL CERTIFICATE program in Hotel Management. The dual certification program combines ITM IHM Bachelors Degree in Hotel Management with a Postgraduate Diploma in Travel and Tourism Management or Event Management. This dual approach gives students a highly valuable additional certification, resulting in more career options!
IS HOSPITALITY MANAGEMENT THE CAREER OPTION FOR YOU?
    "Students and parents often ask us whether a career in hospitality is a good option for them. To help them make an informed decision, we regularly conduct a 'Campus Day' at ITM IHM, where they can experience first-hand how it feels to study hospitality and what the career prospects are," says Prof. Ruchita Verma, Director of ITM IHM. "We encourage students and parents to see our state-of-the-art new campuses in Nerul and Oshiwara; meet our students and faculty, and understand just why ITM IHM is the most respected Hospitality Institute in India."
    For prospective students and parents, ITM IHM is now accepting registrations for its upcoming Campus Days. To register and receive an invitation, contact the Institute as below.
    ITM IHM is a part of the ITM Group of Institutions, established in 1991. Across 15 campuses in India, ITM Group educates over 7200 students a year.
FOR FURTHER INFORMATION CONTACT Bimal : 99202 53177 Yogesh : 98208 25190 Bimal : 99202 53177 Purva : 9833485475 Sanju : 9029247159 email : hmct@itm.edu Web : www.itm.edu/ihm
ITM Institute of Hotel Management Navi Mumbai Campus: 25/26, Institutional Area, Sector-4, Kharghar (E), Navi Mumbai 410 210.
Oshiwara Campus: 7th Floor, Plot A-21, Above HVPS International School, Next to Raj Rani Junior College, New Link Road, Oshiwara, Andheri (west) 400053, Mumbai.
Rangmahal Campus, Dodda Kamanahalli main road., Off Bannerghata rd., SOS-Post, Ramanashree Nagar, Bengaluru - 560076 Tel: (080) 32417085, 32557654, 26431359 ihmbangalore@itm.edu www.itm.edu/ihm/bangalore 

CAN YOU GIVE OUR READERS A SHORT OVERVIEW ON THE BOCCONI GRADUATE SCHOOL?

BOCCONI GIVES AN UPPER EDGE

Bocconi is widely recognised as one of the top European institutions of higher learning and research in Management, Economics and Law

    Founded in 1902, Università Bocconi was the first university in Italy to offer degrees in business and economics, and today, after over a century of development and expansion, Bocconi is widely recognised as one of the top European institutions of higher learning and research in the fields of Management, Economics and Law. Bocconi is constantly striving to combine a strong theoretical background with real-world applications, and to attract the best and most talented students who may become future business leaders. Being a part of Bocconi implies entering into a unique community of faculty, staff and students who share intellectual curiosity, the ability to innovate, and quest for excellence.
    Bocconi's urban campus is located in downtown Milan, Italy's bustling commercial and financial hub.
    Bocconi is divided into five Schools that govern the different study programs: Undergraduate, Graduate, Law, PhD and the SDA Bocconi School of Management.
    English-taught programs are offered on all study levels: 3-year Bachelor of International Economics, Management and Finance, seven 2-year Master of Science programs, as well as post-experience programs, and MBA.
    In 2013-2014, the Bocconi Graduate School will offer the following 2-year Master of Science programs taught entirely in English:
    International Management, Marketing, Finance, Accounting, Financial Management and Control, Economics & Mgmt in Arts, Culture, Media and Entertainment, Economic and Social Sciences and Economics and Mgtm in Innovation and Technology.
    Getting a Bocconi Master of Science degree is a smart move for a variety of reasons.
Two years of learning: Compared with the 1-year (or 9-month) duration of other Master of Science programs, Bocconi Graduate degrees provide a strong foundation in all major fields to be consolidated and an in-depth specialisationthat allows students to develop an advanced study plan through a very extensive list of elective courses during the first year. The following year is fundamental to allow students to participate in valuable international experiences such as Double Degrees or Exchange programs, and to get exposure to the job market during a curricular internship. This kind of
profile is sought after by employers: that is why 60% of graduates are already employed on graduation day. Flexibility: Due to their wide range of elective courses, MSc programs pave the way either for a high-level entry into the job market or further study (in research or toward a PhD).
International opportunities around the world: Students choosing one of the many programs held entirely in English communicate in the lingua franca of global business. In addition, all Master of Science students are required to study two foreign languages.
Bocconi's renowned international faculty, and highly practical teaching methods: Teamwork, business games, simulations and presentations by business leaders make up an important part of teaching time. Classes at Bocconi presentup-to-date quality content and interactive methods, supported by excellent IT and library facilities. Lessons with qualified faculty and distinguished visiting professors are peppered with seminars and workshops involving members of the Italian and international business community, who bring real-life experience to the teaching of the course curriculum's practical applications.
Internships and job offers: Bocconi students and graduates have a variety of opportunities to get in touch with actual employers worldwide. The University has developed a wide network of relationships and a permanent dialogue with top international companies, institutions and professional settings in all sectors, so that it is constantly up-todate with the demands and the evolutions of the job market.
Admission requirements: Based on merit, abilities and motivation, they ensure an outstanding level of quality in the student body. Concrete support, provided to excellent students through a special scholarship program based exclusively on merit, in addition to the University's many other forms of financial assistance based on income available to students.
    Thanks to a well-established system of relations and exchanges with prestigious schools and institutions around the world, Università Bocconi students and faculty benefit from international experiences, like exchange programs (200 partner universities in 50 countries) and campus abroad, international research and joint teaching projects.
    Bocconi has developed a number of Double Degree programs in cooperationwith prestigious universities in Europe, Russia, India, USA, Canada and Brazil.These programs offer graduate students the chance to spend the first year at Bocconi, acquiring core knowledge and skills, and to specialise in their field ofinterest while attending one of the foreign host institutions during their secondyear. They receive both Bocconi's Master of Science and a graduate degree (usually a Master of Science) from the partner institution.
    A further opportunity for international study is offered by the CEMS Global Alliance in Management Education, of which Bocconi is a founding member. An exclusive CEMS MIM diploma is awarded to graduates of this program, in addition to Bocconi's Master of Science in Management or International Management..
    An internship is compulsory for Master of Science programs and is part of the study plan.
    Bocconi is looking for well-rounded students with diverse knowledge and skills. International applicants are selected on the basis of a process that takes into consideration all elements of their profile, looking at three components: evaluation of the candidate's dossier, Grade Point Average of exams passed in the undergraduate program and the results of the GMAT / GRE test.
    They offer various kinds of scholarships to International students, need-based (Bocconi Scholarship) and merit-based (Bocconi Merit Awards).
    Bocconi Graduate School is ranked third worldwide for CEMS MIM program (FT) and 23rd worldwide for MSc in International Management (FT); 19th worldwide in Finance and Accounting (QS university ranking) and 17th worldwide in Economics (QS).
    On Graduation Day 60% of MSc graduates are employed and, one year after graduation, the 94,4%.
A seminar will be conducted in Mumbai by the Head of International Office on 30th November (tomorrow) from 6.30 pm to 8 pm at The Opal Hall, Hyatt Regency, Near International Airport, Andheri East.
    For more information:
    www.unibocconi.eu/
    prospectivestudents

SEMINAR DETAILS Seminar will be conducted in Mumbai tomorrow by the Head of International Office. DATE: 30th November TIME: 6.30 pm to 8 pm VENUE: The Opal Hall, Hyatt Regency, Near International Airport, Andheri East. For registration log on to www.studyabroadseminar.com /bocconi or email your resumes to ashish.sachde@gmail.com For queries call IFS on 9699957222,9821455229. Entry to the seminar is free with prior registration only. VISIT: Institute of Foreign Studies (IFS), Nimish Apts, Devidayal Road, Mulund West.

>> FRANCESCO SAITA DEAN
Q: CAN YOU GIVE OUR READERS A SHORT OVERVIEW ON THE BOCCONI GRADUATE SCHOOL? The Bocconi Graduate School is an internationally recognised centre of higher learning and research that maintains relations with the best corporations and institutions worldwide. It offers 7 Master of Science (MSc) programs in English in Management, Finance and Economics.
    We enthusiastically support you in "freeing" your talents, as you gain professional competence and personal abilities which go beyond the mastery of skills and the pursuit of high marks. Thanks to relations with top corporations and institutions, the School's programs combine a strong theoretical background with an emphasis on relevant real-world applications. The attention that top recruiters reserve for our graduates testifies to our success in achieving the right balance and makes it easy to invite leading figures from the international business community to meet students.
Q: WHAT ARE THE KEY CHARACTERISTICS OF A BOCCONI MASTER PROGRAM? The two-year M.Sc programs will provide you with the chance to acquire solid knowledge in all the key topics during your first year while choosing among an incredibly wide list of optional courses during your second year. You will be involved in teamwork exercises, social and cultural events, as well as occasions to interact with companies andinstitutions, further developing your relational skills. The choice of a Master program is important, and it is crucial to choose a university that can truly help you develop your competencies and skills, while providing a unique personal experience.
Q: WHAT ABOUT INTERNATIONAL EXPERIENCES? Students have the chance to study with classmatesfrom many different countries, and a large number of international opportunitiesare available in the form of internships, Double Degrees and Exchange programs.
Q: HOW IS BOCCONI'S STANDING WITHIN THE INTERNATIONAL BUSINESS COMMUNITY WHEN IT COMES TO PLACEMENT? Bocconi's reputation among top recruiters for the quality of its graduates is a clear sign of what can be gained from one of our MSc programs.
    A Master of Science from Bocconi opens up a lot of doors, both at an international level and in Italy.

Extract | E.A.T. to know yourself better An aptitude test that decodes the drives or inhibitions in the journey from entrepreneurship to leadership

Heart, Smarts, Guts, And Luck—What It Takes to Be an Entrepreneur And Build a Great Business: By Anthony K. Tjan, Richard J. Harrington and Tsun-yan Hsieh, Harvard Business Review, 236 pages, Rs795.

Self-awareness is a lesson that’s advocated not only by spiritual leaders and motivational speakers but by management gurus and business schools as well. If you know what drives you and where your strength comes from, you naturally make a better leader, take wiser decisions and instinctively become better at business-building. Entrepreneurs Anthony K. Tjan, Richard J. Harrington and Tsun-yan Hsieh identify and discuss four traits—“heart”, “smarts”, “guts” and “luck” (HSGL)—found in most entrepreneurs, and how they operate from those drivers, in their book Heart, Smarts, Guts And Luck—What It Takes to Be an Entrepreneur And Build a Great Business. The book comes with an Entrepreneurial Aptitude Test (E.A.T.), a tool to determine your profile—whether you are “heart-dominant” or your gut decisions are more often right than wrong, whether your sharp, discerning thinking gets you by, or whether you are plain lucky. Interestingly, the authors use the words she and her throughout the “Heart” and “Smarts” chapters and he and him in the “Guts” and “Luck” chapters.

The authors themselves have been on a journey —from entrepreneurship to leadership, to now advising CEOs and being venture capitalists. Tjan is managing partner of the Boston-based venture
capital firm Cue Ball; Harrington is its chairman. Prior to Cue Ball, Harrington was CEO of Thomson Corp. and played a role in transforming it to Thomson Reuters, the largest information services company in the world. Hsieh has over 30 years’ experience as a senior director of McKinsey and chairman of LinHart Group.

The three experts discuss the powerful cocktail of HSGL in a concluding chapter. Though no single archetype ensures entrepreneurial success, yet knowing yourself will help you “dial up” certain traits and “dial down” others. The authors encourage you to take the more complete survey online at www.hsgl.com, as it will deliver a more accurate assessment and tabulate your results right away. Edited excerpts:

The E.A.T. (Entrepreneurial Aptitude Test) Survey

For each pair of statements, choose the one that feels the most true to you by filling in the circle. After completing each page, count the shaded circles along each of the four lines on the page, entering each sum in the end boxes.

Interpreting Your Results

How did you come out? What does it mean for you as an entrepreneur or business-builder? Were you surprised with the results? Are you strongest in Heart? Perhaps you have the common profile of a relatively even split between Guts and Smarts, but relatively lower in Heart and Luck? Or are you that Luck-driven person who seems to have just the right disposition and outlook that can take you far? You can flip back to chapter 1 for a quick review of the four traits. Remember that the taxonomy of traits in a given individual is never an either/or situation. In our experience, successful business-builders have all four characteristics in abundance, yet most people do tend to lead with either one trait as their dominant characteristic, or with a fusion of any two of the HSGL traits. This simplified book version of the test is more useful for seeing if you are immediately dominant in any one area. The online version at www.HSGL.com displays your percentage distribution of each trait as well as comparisons between your results and the rest of our research database. HSGL is most important as a framing mechanism for self-awareness.

The E.A.T. survey, while an important data input to our research and yours, should not be viewed as the sole predictor of who you are. Just as any test or survey—SAT, GMAT, Myers-Briggs, or Predictive Index, to name a few—can serve as informative proxies of scholastic aptitude, working style, or motivational management preferences, they still would not be used on their own to admit students to schools or hire and manage employees. At least, they shouldn’t be!

The E.A.T. survey is purposely not labeled the “HSGL Survey” because while it contributes to the HSGL self-awareness picture, it is not the picture in and of itself. Use this diagnostic survey as a lens to approach the material in this book and help guide your own self-reflection about where you are and where you want to be when it comes to business-building potential. As this research is an ongoing work in progress, we’d also love to get your input on how the E.A.T. survey could be expanded or improved and certainly would like your help in passing on the online version to other business-builders.

EDUCATION IN THE CITY OF DREAMS!

EDUCATION IN THE CITY OF DREAMS!

    Popularly known as the financial capital of India, Mumbai is the most preferred destination for education in India. Education is a high priority in every household in Mumbai, students and professionals from every stratum of society are in the forefront of the education scene with great ambition and determination! Keeping this in mind, Times Education Expo 2012, India’s largest education and career fair is back in your city. With various options under one roof for students, parents, teachers and academicians, Times Education Boutique is the most preferred destination for educational institutions and students alike. The list of careers to be covered at the exhibition is rather exhaustive; MBA, Hotel Management and Catering Technology, Overseas Studies, Information Technology, Engineering, Medicine, Call Centre, Advertising/PR/Journalism, Travel and Tourism, Interior Decoration, Dance and Music, Architecture, Consultation, Fashion Designing, Event Management and Films, to name some.
    This exhibition provides a platform to educational institutions and academicians, an opportunity to interact with students directly, understand their needs and assess their requirements and similarly for students to witness the best educational and career options with much needed guidance all under one roof. 

TEE 2012 will be held in Mumbai on December 01 and 02, 2012 at Nehru Centre. Students can register on the spot and visit this most awaited education and career fair of India. With quality institutes, universities and colleges participating, this event in the field of education has been the most renowned fair on India’s education calendar and it aims to be the greatest fair ever held in India, catering to a community of students who are destined to be the future of a bright enterprising Mumbai. Be there as this is one class students cannot afford to bunk!

Michael Gunn, vice-chancellor, Staffordshire University, UK, was at the Asia Pacific Institute of Technology, Panipat,

COLLABORATIONS
    Michael Gunn, vice-chancellor,
    Staffordshire University, UK, was at the Asia Pacific Institute of Technology, Panipat, for its convocation ceremony. On his first visit to India, Gunn said, “We are here to explore collaborative opportunities. We are also here to dispel fears caused due to changes in visa rules. I want to assure that we are keen to have Indian students on campus and we hope to attract more students.”

CONTEMPORARY DANCE SUMMER RESIDENCY, VIENNA

CONTEMPORARY DANCE SUMMER RESIDENCY, VIENNA The Enhanced danceWEB Europe Scholarship Programme for Contemporary Dance is an opportunity for dancers and choreographers to participate in a five-week summer residency in Vienna within the frame of ImPulsTanz festival. The programme offers around 50 young professional dancers and choreographers an intense multinational training programme focusing on the exchange of ideas and knowledge, meeting with internationally renowned artists with the aim to orient the career of the participants. The scholarship programme is supervised by an artistic coach selected amongst dance personalities who have played a decisive part in the development of contemporary dance in recent years. It includes individual coaching, participation in the research projects of ProSeries and CoachingProject, participation in the technique workshops of ImPulsTanz, admission to all performances of ImPulsTanz, access to approximately 250 awarded dance film videos library, lecture demonstrations, special projects, connection to and presentation of a yearly growing, international database, own homepage within the DanceWEB Europe website and much more. While the scholarship includes accommodation in Vienna for the period of the programme, it will not include travel and per diem expenses.

• ELIGIBILITY: Participants should be dancers and choreographers with decidedly professional ambitions, preferably be between 22 and 30 years of age, and possess a good knowledge of English. The quality of the dance background is the main criteria for participation in DanceWEB.

• APPLICATION: Apply online with your personal data, information about your artistic career (education/ further training/ performance activities), an artistic statement in English, three recommendation letters, two recent photos (portrait and dance photo) and a curriculum vitae.

• FOR MORE INFORMATION, VISIT: http://www.dancewebeurope.net/

• DEADLINE: December 15

FILM COLLABORATIONS

FILM COLLABORATIONS Whistling Woods International and Bradford College have announced a global film school to be set up in the UK. The two schools signed a Memorandum of Understanding to jointly set up a film school that will provide undergraduate courses in filmmaking and animation to students from across the world on November 19. 

CONVENTION ON ETHICS Global Ethics and Values Convention will be held from December 16 to 18 in Greater Noida on the outskirts of New Delhi. The three-day residential event will focus on best practices on ethics and values from India and around the world. The event will facilitate discussions and learnings and productive interdisciplinary interactions among delegates. It will feature interactive sessions with eminent speakers, panel discussions, paper presentation, leadership workshops, training sessions, study tours, global village, etc. For more information and to participate, send an email to info@gevc.in 

    NEW CHANCELLOR
    Nobel Peace Prize winner and global
    anti-poverty campaigner, Professor Muhammad Yunus, was named as chancellor of Glasgow Caledonian University (GCU) this October. The formal installation ceremony at the university’s Saltire Centre was preceded by a colourful procession through the city centre campus, with the new chancellor and members of the University Court and senior staff dressed in their academic robes and accompanied by the Bedellus carrying GCU’s ceremonial mace. Although the role of chancellor is largely a ceremonial one, Yunus said that he would cut out such a role for himself that would involve the university with the community in Glasgow, in order to achieve the university’s mission of working for the common good. 

    ENTREPRENEURSHIP PROGRAMME
    Venture for India (VFI), in collaboration with Columbia Business School, has launched a programme where graduates will undergo a three-week entrepreneurial workshop at the IVY league university in New York City. Following this, participants will be guaranteed a two-year placement in companies with high growth potential in India while being mentored by the top management. Additionally, periodic workshops organised by VFI will be held during the two years for the students to interact, learn and voice their opinions on various topics dealing with venture creation in India. The programme is looking for graduates from top colleges and universities across India, although in the first year, they plan to take in only 15 students. Student’s with a bachelor’s degree and at least an average score of 75 per cent can apply. For more details, visit www.ventureforindia.org

Career questions

I am planning to pursue MSC (finance) from either Canada or Australia. Could you suggest a few reputed and accredited universities/ business schools which offer Master’s in Finance? What are the admission requirements to universities in the two countries?
    - Shivraj Have a look at the Master’s in Finance offered at Monash University and University of New South Wales in Australia and Queens University and York University in Canada to check whether it suits your requirements. For the master’s degree in Canada, you will need GMAT (some universities may require) and TOEFL scores for admission. You will need to take entrance tests such as the IELTS for admission in Australia. For the application procedure, take tests, shortlist the universities you plan to apply to, complete the online application forms and then mail the supporting documents such as résumé, recommendation letters, statement of purpose, financial documents, mark sheets and transcripts to the universities. Plan in advance - at least nine months prior to the course starting date.  

CRITERIA QUESTION
I am a BCom graduate and CA, and am currently pursuing the three-year LLB degree. I would like to pursue my postgraduation degree in finance. I am planning to apply for a Master’s in Finance from US or Canada. As per the admission requirements US/ Canadian universities, 16 years of education qualification for pursuing master’s course is a must. Will my Indian CA qualification be accepted for the 16 years education criteria? Will just completing the first and second year LLB satisfy the education criteria or do I need to complete the course?
    - Karishma Universities may consider your profile for the Master’s in Finance. Remember every university has different norms of admission. Hence, it is better to discuss your profile individually with each university to know whether you they would accept your application. 

 COURSE QUERY
I am a second year BA (programme) student with political science and economics as my subjects. I want to pursue my masters either in psychology or public administration abroad (preferably Europe). Please list courses and universities that offer courses on the same.
    - Bhavya Have a look at the Master’s in International Politics offered by Kingston University and City University London in the UK. You can also have a look at Nottingham University and York University in the UK to see courses in public administration. Schools in the UK need the TOEFL/ IELTS. 

CAREER QUESTION An FYBCom student, I wish to make become a psychologist/ therapist. Would enrolling for a psychology programme at a university abroad be a good option?
    - Shrishti Study the psychology course offered by Boston University and University of Texas Austin in the US to see whether they suit your requirements. For admission to a bachelor’s degree programme in the US, you will need to appear for the SAT and TOEFL.

Who completed her Bachelor’s of Fine Arts from Rhode Island School of Design, speaks about her experience as an Indian student in the United States

US calling

Who completed her Bachelor’s of Fine Arts from Rhode Island School of Design, speaks about her experience as an Indian student in the United States

    I recently graduated with a Bachelor’s of Fine Arts, from
    the Rhode Island School of Design, having had a most
    unique experience, enriched with interesting and absurd
    conversations with intense artists and professors.
    My first observation was that the country is home to a large number of students, each with a clearly defined personality, and style. Every person I spoke to had a separate way of interpreting situations. The environment here at US, encourages constant discussion and debate, not only during class hours but also while having meals and sitting out in the sun with friends. There is always opportunity to learn about something you never hoped to have existed.
    Apart from this, the student-professor relationship in the US is a little more casual than how it is in India. Professors are always open to argument. I would question my professors often, if I didn't agree with a comment they made. My peers would step in, adding interesting view points. Class discussion sometimes go into frenzy, and end up talking about topics that were far from what we originally started with! Another point of difference is that students here refer to professors by first name. This reduces the student-professor hierarchy. It is almost like speaking with a friend, bearing in mind that he/ she has authority.
    While interacting with people, I realised that they do not know much about India. One would imagine that art students in a highly accomplished art school would have heard of MF Hussain. To my surprise, however, not many non-Indians had heard of him. This difference in culture gives Indian students the chance to spend a lot of time educating friends, exposing them to images of work by famous Indian artists and making them watch Bollywood music videos. As an Indian, studying outside the country, I strongly believe that it is very important for us to make others aware of our great lineage.
    Apart from spending time with friends, work hours at school are extremely intense. In fact, one would spend most of their time with each other while at school. Since I went to an art school, we spent 90 per cent of our time in the ‘studio’. There was thus, little time for entertainment. For me, and most other students here, entertainment was catching meals with classmates, taking a nap and spending time with friends on a Friday or Saturday night. We rarely went for movies or excursions.
    The only tough adjustment that Indian students have to make is the weather. I hail from Bangalore, which is beautiful all year round. It is never too hot or too cold, always just perfect! In the East Coast, however, the cold is far beyond what students can usually handle. Indian students usually hate the cold, and snow that accompanied it. It definitely takes a while to adjust. However, with the right clothes, and time, one gets used to it. Most importantly, if you love what you are studying, you gradually learn to live with it and sometimes, even enjoy the snow. That is exactly how I dealt with it.
    To end with, for those who are entering the unknown college world, be excited, eager and curious. Take classes which contain subjects that you have never engaged with before. Make lots of friends and don't be afraid to debate and argue, for you will always have something new to learn.

Management in Europe

Management in Europe

    Università Bocconi, Milan is conducting a  seminar on its various Master’s of Science programme on November 30. Founded in 1902, the university is widely recognised for research in the fields of business and management, economics, and law. Bocconi offers seven two-year Master of Science programmes completely taught in English: international management; marketing; finance, accounting, financial management and control; economics and management in arts, culture, media and entertainment; economic and social sciences; economics and management of innovation and technology.
    After the first year of building strong foundations in the key fields, the second year allows for in-depth specialisation through optional courses and a compulsory internship. A distinguished international faculty and highly practical teaching methods are part of the study experience.
    A well-established exchange programme system with nearly 200 universities worldwide helps students benefit from international exchange and double degree programmes. It also helps graduates with placement opportunities.
    International applicants are selected on the basis of various elements: evaluation of the candidate's dossier, grades of the bachelor studies and GMAT/GRE results. Bocconi offers needbased and merit-based scholarships to International students: for a Merit Award Scholarship candidates need a minimum 680 GMAT (GRE 163 quant/158 verbal). For more information visit www.unibocconi.eu/prospectivestudents
    Seminar will be conducted by the Head of International Office on November 30, from 6.30 pm to 8:00 pm at The Opal Hall, Hyatt Regency, Near International Airport, Andheri (East). Entry to the seminar is free with prior registration only.
    For registration log on to www.studyabroadseminar.com/bocconi or call IFS on 9821455229/ 9699957222.

According to the 2012 Open Doors Report released recently, the number of Indian students heading to the US for studies continues to decline.

US: NUMBER OF INDIAN STUDENTS DECLINE

According to the 2012 Open Doors Report released recently, the number of Indian students heading to the US for studies continues to decline.

    The popularity of the US as a study destination for Indian students seems to be dwindling. According to the 2012 Open Doors Report released recently, the number of Indian students heading to institutions in the US for studies continues to witness a decline for the second consecutive year. This, in spite of the fact that the number of international students at colleges and universities in the US increased by 6.5 per cent to 764,495 during 2011-12. At 100,270, this academic year witnessed a 3.5 per cent decline in the number of Indian students heading to US institutes than 2010-2011.
    However, in spite of this, India continues to be the second leading place of origin (China holds the foremost position) for students going to the US. Of the total percentage of Indian students, who went to the US for studies in 2011-2012, 58.9 per cent went to pursue graduate level studies, 13 per cent undergraduate level, 26.7 per cent OPT (optional practical training) and 1.5 per cent went to study other programmes including non degree courses.
    With 37.7 per cent, 21.7 per cent, and 14.1 per cent of the total Indian students enrolling for engineering, math/ computer science, and business/ management respectively, the three fields are the most popular streams of study among Indian students in the US. According to the report, students from India make up approximately 13.1 per cent of the total foreign student population in the United States.
    The Open Doors Report on International Educational Exchange is published annually by the Institute of International Education in partnership with the US Department of State’s Bureau of Educational and Cultural Affairs. It provides the most comprehensive data and analysis available on international students studying in the US and Americans studying abroad.
    Number of international students at colleges and universities in the US increased by 6.5 per cent to 764,495 during 2011-12
    This academic year witnessed a 3.5 per cent decline in the number of Indian students heading to US institutes than 2010-2011
    Students from India make up approximately 13.1 per cent of the total foreign student population in the United States

If combating malware, hackers and cyber crimes are your passion, this is the right time to be a cyber security expert.

CYBER WARRIOR

If combating malware, hackers and cyber crimes are your passion, this is the right time to be a cyber security expert.

    True that the World Wide Web has bonded its numerous netizens into a virtual village, but it has also led to incidents of hacking, data thefts and virus attacks. India faced a
    severe test during the 2010 Commonwealth Games when cyber attacks from Pakistan and China sought to damage information systems. What’s more, cyber strikes originating from Eastern Europe and countries like the US, China, Russia and Iran have attacked Indian domains lately.
    Amidst this cloud of cyber crimes, there is a silver lining that comes in the form of job opportunities for students in the field of information security. Recognising the dearth of trained cyber security experts, the Indian government has expanded the career prospects in this field by announcing to train 5 lakh cyber warriors in the next five years to boost e-defense. A government-private sector plan, this initiative aims at beefing up India’s cyber security, as we face a shortfall of 4.7 lakh such experts, despite our reputation of being an IT and software powerhouse. The government also intends to introduce specialised cyber security-related curriculum in engineering and management courses and establish Institute of Cyber Security Professionals of India.
SECURITY STATS Contrary to the importance given to network security and threat prevention in countries like the UK, US and China, India is lagging behind in identifying the need for this scarce skillset. “The rising spate of cyber attacks has alerted government and private organisations, thus generating a huge demand for information security professionals to safeguard and monitor their network and systems,” says GM Ajit, director, National Institute of Electronics and Information Technology, Calicut.
    “Be it an organisation or an individual, everybody wants to ensure the safety of their system, thus, relying heavily on information security experts. Government departments and security agencies too demand large number of cyber security professionals, says Parul Khanna, a certified ethical hacker. As per indus-Be it an organisation or an individual, everybody wants to ensure the safety of their system
try experts, job opportunities in this field have outnumbered trained professionals. According to Angad Paul, director, Appin Technology, Noida, a lab that works in the field of information security, “IT security with ethical hacking skills is the most promising career to be in, with challenges and excitement every day of the work. There is a huge shortage of IT security manpower, only 60,000 professionals are available with respect to lakhs of jobs in IT security field in India.”
CYBER SAFE Elaborating on the skill-set required to succeed in the field of information security, Bezawada Bruhadeshwar, assistant professor, International Institute of Information Technology, Hyderabad, says, “It’s a field that requires your keen interest, professional training and thorough knowledge of operating systems, programming, networks and protocols. Cyber criminals strike through virus attacks, destroy systems, modify and steal data from your system without your knowledge. The first and foremost job as an information security expert are to detect and analyse the vulnerabilities and then plug the loopholes to protect the system, network and data. Cyber security experts need to know about coding of some basic languages and database handling skills.”
DIVERSE DOMAIN If you are a trained professional in this field, you can find placement as network security systems manager, network security administrator, network security engineer, web security administrator, web security auditor, application security tester, ethical hacker, information security analyst, database and software developer, data security specialist, and chief information security officer.
    An information security specialist can also start his own venture to provide security solutions to a variety of companies and government departments. Cyber security experts are a desired lot in banks, energy sector, hotels, airlines, healthcare, telecom companies, infrastructure, transportation, law enforcement, defence, emergency response systems and ITES companies, among others.
CERTIFIED CAREER Graduates with a degree in computer science or engineering can opt for various full-time and short-term courses in information security, like MTech and MSc in Information Security, degree and diplomas in information security and network administration. Khanna says, “You need to be trained and certified from a reputed organisation. International certifications like Certified Ethical Hacker (EC-Council) and GPEN can do wonders to one’s career as a cyber security expert. Salaries in this field range from Rs 3 to 5 lakh per annum. With experience and desired expertise, the package may go up to 10-12 lakh per annum, and even to a crore.”
INSTITUTE INDICATOR Though India is yet to have any university catering to ethical hacking or information security courses, there are several institutes, colleges and private labs, which impart courses and short-term programmes on cyber security. University of Madras, International Institute of Information Technology, Hyderabad, Institute of Information Security, NIELIT and SRM University are some of the institutes that offer programmes in this field. Hacking evangelist Ankit Fadia also offers certification and training course on ethical hacking.

Unemployment may be just as bad for heart as smoking

Unemployment may be just as bad for heart as smoking

    Did you know that losing a job repeatedly could be just as bad for your heart as smoking, high blood pressure, or diabetes? An extensive study analysed cases of more than 13,000 adults between the ages of 50 and 75 and followed them for 18 years.
    The researchers found a strong link between job loss and heart attack risk that increased with each successive period of unemployment. The difference in heart risk between someone who has never lost a job and someone who has lost four or more was found to be the same as that between someone who smokes and someone who doesn’t, or someone with diabetes and someone without.
    The results showed that after one job loss, heart attack risk was about 22% greater for the unemployed than it was for those still working. And to make things worse, by the time a participant had experienced four or more periods of unemployment, the risk was 63% greater. The study did adjust for other heart attack risk factors, and found that overall, unemployed people have a 35% greater risk of heart attacks than people who were employed. Previous studies have also shown a link, but this is one of the longest-term studies ever done, and was thus able to show how multiple job losses can affect health.

A job can offer respite

‘A leader is like a shepherd’

As a leader I have always endeavoured to listen to what each and every person in a discussion had to say before venturing my own opinion. Oftentimes, my own opinion will simply represent a consensus of what I heard in the discussion.
I always remember the axiom: a leader is like a shepherd. He stays behind the flock, letting the most nimble go out ahead, whereupon the others follow, not realizing that all along they are being directed from behind.

I learned that courage was not the absence of fear but the triumph over it. The brave man is not he who does not feel afraid, but he who conquers that fear.
As I have said, the first thing is to be honest with yourself. You can never have an impact on society if you have not changed yourself. Great peacemakers are all people of integrity, of honesty but humility.
- Excerpted from the ‘Long Walk to Freedom’ by the former South African president, Nelson Mandela

‘A leader listens to, respects others’ opinions’ Alessandro Benetton

‘A leader listens to, respects others’ opinions’

Alessandro Benetton, the recently appointed heir of the Italian clothing and accessories major, the Benetton Group, aims to act like the “conductor of an orchestra” for the organisation, which is trying to make a seamless transition to the second generation. Amid a deepening European crisis, the new chairman is considered tough enough to introduce bold changes in product and strategy to revive the sinking business. The son of Luciano Benetton, founder of the group, Alessandro set up his own private equity firm — active in the private equity field in Italy and France, with assets of over €1.3 billion — before joining the family group. A Harvard alumnus, Alessandro started his career with Goldman Sachs International, as a mergers and acquisitions analyst.

What is leadership for you?
I believe the role of leadership today should be one of guidance. A leader must not only take responsibility for decision-making, but also create organisations in which knowledge is widespread, so people can work together to build value and develop the business.
Who inspires you?
First Luciano, for his driving innovation and far-sightedness. And also the American management guru, Michael Porter, my mentor at Harvard, where I received my MBA education. Good role models are very important, though you have to be able to find your own way in life and have the courage to be yourself.
The euro zone is under pressure, the economy is sinking. How do you handle the bad economic scenario, especially when your performance is constantly being watched?
It’s important, in my opinion, to view this period of crisis not least as an opportunity to rethink and improve our system so that we’ll be ready and prepared when economic conditions improve. It’s at times of discontinuity such as these that companies like ours can reflect on their position and launch a new business direction. It’s also true, unfortunately, that society today is used to expecting results in the very short term, whereas generating solutions to more complex organisational issues requires planning and a greater amount of time.
Is there a difference in the style of a leadership for those who manage a family business and for those who lead an organisation on a salaried basis?
There may be a difference in the passion for your work, which, in the case of a family business, is felt as a manifestation of a business culture that you have always been part of. Having roots and traditions is important to help you look to the future and create new chapters in your story.
What is the best leadership decision that you have taken so far?
Only time will tell if a decision was a good one or not. In this regard, I think delisting was a major step for the future of Benetton Group. We decided to delist from the Milan stock exchange to avoid a routine mind-set and realign this aspect, too, to fit the long-term perspective in which we operate.

..And your worst decision?
I wouldn’t be a very shrewd leader if I were to admit one…
Being a leader of a giant apparel fashion house, how do you keep yourself updated about on fashion around the globe — especially in countries like India with reserved cultures?
Apart from my personal interest, which makes me an attentive observer of trends, I travel around the world to get a sense of the up-coming fashion and lifestyle trends of young people. Life is one of our sources of inspiration, as are the arts, architecture and the web. They are all expressions of an increasingly global, interconnected world with which we have established a solid relationship. Regarding India, during my recent trip there I perceived a great enthusiasm for looking to the future, with far more confidence and energy than ever before.
You are both a Harvard graduate and the heir of a family run business. Do you think leadership runs in one’s DNA or can be learnt in MBA institutes?
I think everything is talent , it’s partly innate, and the rest is down to learning, commitment and a lot of hard work. And, being aware that a day you learnt something new is a day well spent.
Are you open to debates on your decisions with your co-workers?
Sharing, and respecting others’ opinions are fundamental teamwork values. It’s important to listen to one’s co-workers’ comments and opinions. Then, you can decide on your priorities according to your conscience and competence.
What is your leadership mantra?
I think there’s more than one. Firstly, leadership consists of the ability to make decisions and shoulder responsibility. Secondly, as I said before, it is also the ability to create organisations that generate ideas and creativity. Then, the capacity to work in a team and making teamwork a vital tool to manage an increasingly complex business world.

Read a person like a book

Read a person like a book

    When a person writes, nearly 85 to 90% of the brain cells are activated. It gives impulses to your hand and gets imprinted on the paper through the pen/pencil. Handwriting analysis is the interpretation of this impulse. Learn this fascinating science from renowned handwriting analyst, author of seven books and a faculty of the Indian Law Society, Pune — Milind J Rajore. 

 

Free handwriting analysis and introductory lecture will be held in Mumbai on Sunday, November 25 at: 

All India Institute of Local Self Govt., Chanakya Management Institute, C D Barfiwala Marg, Juhu Lane, Andheri (W), 9:30 am to 1 pm. 

    Department of English, Wilson College, Girgaon Chowpatty, 3 pm to 5 pm. 

    A.O.T.S., India Printing House, 3rd Floor, Opp. Ram Mandir, Wadala (W), 6 pm to 9 pm.

Institute of Graphology and Personal Success New batch for Level I & II commences from December 2, 9 am to 2.30 pm. 

 

Venue: A.O.T.S., India Printing House 3rd Floor, Opp. Ram Mandir, Wadala (W). Call: 020 - 2612 4974, 4006 8757, 93254 55758 E-mail: igpspune@yahoo.com
www.mjrajore.com 

All companies, whether they seek to make profit or work on a non-profit basis, need to have an ethical framework

VALUE-CREATION, A TOP PRIORITY

All companies, whether they seek to make profit or work on a non-profit basis, need to have an ethical framework

    There is an underlying goal to be achieved, and it is fundamental that this be more than earning money and growing in size, else creating value is deprioritised.
    It is an unfortunate scenario that we often see senior executives unaware of the company's mission statement. In the few cases that they have encountered it, they are vague about the underlying principles of the very foundation their business is based on.
    In large teams, it is necessary to constantly unite individuals, so that their work is complementary to one another, working in tandem to achieve this greater purpose. It is thus recommended that the vision of the company be communicated often, as it is only too easy to run behind daily targets and deadlines without answering the essential questions of why and how. If we take the example of the armed forces, it is clear that all the soldiers are very passionate about the goal of the organisation. Even with the possibility of death, there is no fear.There is only efficiency, bravery and selflessness.This passion is a fruit of wanting to protect a nation, which is the goal of any army.
    The difference between a good company and a great company is a hardworking workforce that is passionate about their job. Here are some guidelines for achieving this:
>> DECISION-MAKING: When making a decision of any magnitude, apart from looking at typical factors like risk, potential revenue or growth, managers must question themselves regarding how this decision is helping achieve the company’s mission statement. Can it be modified to meet the same? There should be respect and appreciation to this; else there is little point in having a vision;
>> PEOPLE: Employees bring with themselves four kinds of actions when they come to work. The first and only involuntary one is their body, or physical being. The other three, however, are involuntary. These are: passion, talent and energy. Employees use these in a shrewd fashion, as they are also termed to be ‘discretionary’ energies. A clear vision that invites their use is a great motivator, as it unlocks levels of motivation that reduce the share of salary, replacing it with them seeing a change with significant effects and their individual contribution to it.
>> COMMUNICATION OF CAUSE: Great work by employees is typically a result of motivation. It is the desire to find one's role in an office of merit that drives groundbreaking projects and thoughts. While managers can provide the shepherding, the direction must come from the mission of the organisation. Hence, to have employees internalise it, this must be communicated not only on various occasions, but with energy and clarity.
>> UNITY: The synchronisation of teams is a great asset.With land, labour and machine being key assets in the 20th century, the new millennium laid an emphasis on innovation in business. People are the key to this, and therefore must be aligned to the same page.The company's vision is the guiding light to this, and therefore essential and indispensable.
    A company comprises of people, and all individuals ought to prioritise and focus.The scale to do so in the context of an organisation is even greater, as people work in bigger teams and on tight schedules, where they often need to be reminded of the bigger picture, or the organisational focus.
    The author, Rajan Kaicker is executive chairman and managing director of Franklin Covey India

younger Indian CEOs are paid more than their US counterparts

YOUNG CEOs, A COSTLY AFFAIR?

According to a recent report, younger Indian CEOs are paid more than their US counterparts. explores this trend

    The younger breed of CEOs in India Inc is here for the long haul and proving its mettle by beating its western counterparts in the compensation game. A recent report by Randstad Executive Search, ‘Compensation of Corporate Indian CEOs’, a comparative study done to provide insights into the current trends of salaries among CEOs, says that younger CEOs are paid more in India than their US counterparts. The average annual salary of an Indian CEO below the age of 50 now stands at Rs 7.9 crore. Compared to Rs 7.3 crore that American corner office occupants earn and Rs 7.8 crore pocketed by European bosses, it highlights the rising salaries of younger CEOs, especially in promoter-run firms in India.
    So, why are the younger CEOs in India at this advantage? Which factors are driving this trend? According to E Balaji, MD & CEO, Randstad India, “The first generation promoters are passing on the CEO mantle to
their heirs and other family members. These young promoter CEOs are compensated higher and closer to their global peers. This trend is evident in the manufacturing and energy and infrastructure segments. We have seen the role of the CEO gaining prominence in the last decade. Indian companies face increasing global competition and are looking at expanding beyond India. There is a demand for high-performing CEOs from across sectors. This has impacted CEO compensation positively.”
    GC Jayaprakash, client partner & APAC technology leader, Stanton Chase International shares, “The survey findings are more relevant in the case of promoter CEOs rather than professional ones. The promoter CEOs in India get paid more than their US counterparts. Today, many of the promoter families have brought in their young family members into key executive roles at high compensation levels. The younger lot (most of them with Ivy school degrees) has been doing a good job with some exceptions.” He further adds that while this trend cuts across all sectors, it is more prevalent in manufacturing, automotive, infrastructure, healthcare and pharma life sciences, hospitality and realty industries.
    Similarly, Sunil Goel, director, GlobalHunt India Pvt. Ltd feels that there is a higher risk appetite of the young CEOs in the country, which in turn, gives them high returns in terms of salaries. “Younger CEOs in India are showing their ability to understand complex business problems; they are able to cope up with setbacks and failures; are coming up with practical solutions; are adaptable to change; and can bring radical and positive changes to the business,” he adds.
    However, Dhruv Shringi, CEO and co-founder, Yatra.com disagrees, “It’s a predetermined notion that Indian CEOs are being paid more. If we look at the Indian scenario, 80 per cent of the CEOs are offsprings of entrepreneurs. Only this bunch of CEOs is drawing well-heeled salaries and this is to create a benchmark.”
    While this is one positive side of the coin, the study also states that while younger Indian CEOs may have stolen a march over their global peers in the salary sweepstakes; overall, Indian CEO salaries are substantially lower than their international counterparts. Indian CEOs received an average salary of Rs 6.3 crore. The compensation of Indian CEOs, though growing sharply, is still 45 per cent lower than their American peers and 21 per cent lower than European CEOs. However, the gap in salaries when compared to European CEOs is shrinking faster. Hence, the question that arises is - why are younger CEOs beating their western counterparts while the other CEOs still lag behind? “Though many Indian companies hire a professional CEO, there is always a family member (from the next generation) around playing a larger role in the company affairs,” states Jayaprakash.
    Hence, it is a positive sign that more and more Indian CEOs are getting compensated at world-class levels. This only proves that with the growing complexities in business, compensations will certainly rise further.