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News brief

education Updated: Jun 22, 2011 09:47 IST
Hindustan Times
hthorizons

ISB-Ivey Case Competition 2011 sees overwhelming response from top Indian B- schools
Richard Ivey School of Business, Canada’s top business school, and the Indian School of Business (ISB) recently announced that the second edition of the ISB-Ivey Case Competition has received a response from over 220 faculty representing more than 75 Indian business schools. Participating business schools include not just India’s premier business schools (the likes of IIM-A, IIM-B, XLRI, S.P. Jain, MDI, IIT-B etc) but also many upcoming Tier 2 schools - thus making the competition a truly far reaching event in the Indian business school context.

The ISB-Ivey Case Competition 2011 invites original cases written on Indian organisations by Indian faculty using primary research methodology. The Competition has a dual objective - to increase the number of cases on Indian organisations, and, to elevate the quality of Indian cases by acting as a platform for Indian case authors to get case writing mentorship by world class faculty from Ivey and ISB. Initial screening now stands closed and 120 faculty teams have made the cut for the second round of competition which will require the teams to submit the cases by July 1.

Richard Ivey School of Business is a world renowned ‘case school’ which made the Case Method a cornerstone of its learning approach right since its inception in 1922. Ivey is the second largest case writing school after Harvard Business School and the largest producer of Asian cases globally. In 2008, Ivey formed a strategic partnership with the ISB to develop more India-centric business cases. Under the partnership, the two schools seek to promote case writing and case teaching in India.

During the course of the competition, all the submitted cases will be evaluated by a world class panel consisting of eight Ivey and four ISB faculty members.

The results of the competition will be announced in August. The winning cases will be further polished by the author-mentor teams over many months till they reach international publication quality. Subsequently, the cases will be published by Ivey Publishing under the ISB-Ivey brand of cases. These cases will then be distributed worldwide through the case distribution arms of Ivey and Harvard. The competition winners will be felicitated at the annual AIMS Annual Management Education Convention.

Ariff Kachra, strategy professor at Ivey, and managing director for Ivey India said, “We are delighted to know that the ISB-Ivey Case Competition has become extremely popular.”

MBA in financial markets
The National Stock Exchange (NSE) and Maharshi Dayanand University (MDU), Rohtak have signed an agreement to launch a two year MBA course in Financial Markets and a three year BBA course in Financial Markets for the forthcoming July-August session.
Students will have the option of either doing a distance education course or a course, in which they can train in a financial sector company for four days in the week and do classroom training for two days in the week. This will help students to learn effectively on the job and make them more eligible for the job market.

The Maharishi Dayanand university has nearly 490 affiliated colleges for classroom training and more than 1000 extended learning centres for distance education.

Students who study the MBA course will also have to appear for 15 modules of NSE's NCFM or National Certification in Financial Markets. BBA students will have to qualify in eight NCFM modules as part of their course. The NCFM modules are widely recognised in India as a necessary criterion for employment in the financial and capital markets space.

MDU students who qualify in these NCFM modules will be given industry skill certificates by NSE. The university will also factor in the marks given by NSE for these modules in the final grade given to the students for the MBA or BBA courses.

The National Stock exchange’s MD and CEO Ravi Narain said “Educating the youth on financial issues has been a key focus area of NSE for many years. The exchange has conducted hundreds of seminars on financial literacy, to bring more people into the financial mainstream. This is another step in that direction to train the youth and empower them to take sound financial and investing decisions.”

NSE will train the faculty of all the affiliated colleges and study centres of MDU and will send trained industry professionals to deliver guest lectures in these colleges.

Apart from training the faculty, NSE will provide a mock investment, trading and portfolio management software, so that students can develop essential skills for financial markets.

It is estimated that 62 lakh professionals will be required by the BFSI sector by 2022, but there is a huge shortfall in this target. These courses will help employers to find youth with the requisite skills.

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