Why MBA after Engineering?

While more than 80% of graduate students in an August gradschools.com survey said M.BA. programs need ethics courses, how much are M.B.A. programs really helping engineers?
Paul Schmeling said it was a big help to his career at Emerson Process Management's Rosemount Measurement division in Chanhassen, Minn. As global product marketing manager, Schmeling had been working in an engineering position in which he felt he was becoming a specialist."I knew I didn't want that, and I also wanted to move into management," he said. While being a specialist is certainly a fine career choice for some, Schmeling said,"you can get confined, and I didn't think being a specialist would help me move into management." If you have an engineering degree, "the M.B.A. gives you more exposure to businessrelated topics you didn't get in engineering school."
Kim Corfman, associate dean and academic director, NYU Stern School of Business in New York City, said the decision to go for an M.B.A. depends on engineers' goals. "If you want to make your company competitive in the marketplace, then that's exactly what an M.BA.'s good for," she said.

IIM new director

Xavier takes over as Ranchi IIM director
RANCHI : On November 8 56-year-old professor from Tamil Nadu, Dr M J Xavier, took over as the first director of Indian
Institute of Management (IIM) — Ranchi.

Before taking up his new assignment Xavier was a professor of Marketing and Director at Kotler Srinivasan Centre for Research, Great Lakes Institute of Management and an advisor to Mode, a Calcutta based marketing research firm. He is an M.Tech in Chemical Plant Engineering from REC Warangal and a Fellow of IIM Calcutta.

Xavier has more than 20 years of professional experience and he has also served as a visiting faculty to a number of business
schools around the country. He has published three books and more than 100 articles in the area of marketing. His book
Marketing in the New Millennium won the DMA-Escorts Award for the best Management Book of the Year 1999.

He has conducted numerous training programs for executives and has also been a consultant to several leading organisations.
His areas of interest include CRM, data mining, quantitative research methods and services marketing.

IIM A Student gets highest salary

A student of India’s premier business school, Indian Institute of Management at Ahmedabad (IIM-A) has recorded the highest-ever international of $360,000 (around Rs 1.44 crore).
The highest international annual salary of Rs 1.44 crore was offered by a company in finance marketing sector to a Post Graduate Programme (PGP) student.

• IIM-A Average domestic salary is Rs 17.85 lakh
• IIM-A Highest domestic salary is in the range of Rs 50 lakh and Rs 70 lakh.

IIM-A was established in 1961 as an autonomous Institution by the Government of India in collaboration with the Government of Gujarat and the Indian Industry.