IIPM

2006! An Indian retail odyssey

2007-02-22T01:32:00.000-08:00

Wal-Mart can relax; India isn’t budging! The government’s recent retail FDI approval is a big no-show

Like 2002 was the landmark year for the real estate sector, 2006 is anticipated to be the year of the retail. In a move clearly aimed at killing two birds with one stone, on January 24, 2006, the Cabinet eased the FDI noose slightly by allowing 51% FDI in multi-product, but single-brand stores. Of course, this allows the nouveau riche, who were waiting with bated breath for the grandiose entry of big labels like Hugo Boss, Chanel, Rolex, Gucci, Tag Heur, Armani, Louis Vuitton & Canali, to now satisfy their penchant for luxury. But then, such high-end brands never anyway needed the FDI approval route to sell their extremely exclusive products.

Whether this move would or would not see a frenzy of investment in mass market retail brands is what is worth analysing. Harminder Sahni, Principal, KSA Technopak is of the opinion that, Indian companies will be “more than happy to have joint ventures, as it will bring in international expertise at no cost and will give them an edge over other Indian competitors.

”Foreign retailers have, for several years now, made inroads into the Indian retail scenario by setting up wholly owned or even public limited trading corporations. Companies like Nestle, LG, Unilever, Sony, IBM and others have existed since years based on the model of selling their multiple branded products through dealers and distributors, rather than by setting up their wholly owned shops.

The Cafe Nescafe outlets, or McDonald’s joints, or Adidas shops, or LG stores that one sees, are anyway not owned by the original parent company, but by tried and tested key distributors. These corporations would never like to change the already fruitful franchisee arrangements; and therefore for them, single-brand FDI policy is not something to write home about.

But essentially, FDI in retail was never about the above brands, but about global multi-product retailers like Wal-Mart, Tesco, Albertsons and others; and the current move of the government in no way allows these mega-brands to enter India. According to S. V. Phene, VP, Corporate Planning, Westside, “Indian retailers are incomparable to foreign giants and don’t even stand a slight chance.”

As per retail consultancy KSA Technopak, organised retailing in India is about $6 billion, which accounts for just 3% of the overall retail market and is expected to grow by 25% to 30% to touch $23 billion by 2010. Though the current government move seems useless for the giants, on the positive side it could be inferred that this move is a step towards finally opening up FDI for corporations that sell even multi-brand products. Surely, our own Shoppers’ Stop, Big Bazaar, Westside, Pantaloon, Ebony, and others won’t complain; or would they?

Selection Process

2007-02-14T23:23:00.000-08:00

E-PAT ..The real test of management Aptitude:

IIPMs Admission teat E-PAT (Entrepreneurship & Planning Admission Test) is based upon a written test, group discussion and inter view. Unlike CAT, IIPM’s admission test E-PAT is based more on parameters pertaining to EQ ( Emotional Quotient) and overall personality mapping since it has been globally obser ved that high IQ often takes a backseat to high EQ when it comes to Entrepreneurship, Management and dealing with human beings. Thus, the total scores of the written test, group discussion and personal inter view are compiled together to compose the final score. Success in E-PAT is more likely to make you a better future leader than success in any other examination focused primarily on IQ. E-PAT is conducted throughout India in more than 15 centres.

Two-Year Full-Time Programme

Admission to the Two-Year Programme in National Economic Planning and Entrepreneurship is open to applicants who have completed 10 +1/2 School System with 2/3 /4 years’ education in colleges/institutes in any discipline. Candidates with mathematics at Higher Secondar y Level are preferred.

Three Year Full Time Programme

Admission to the Three-Year Programme in National Economic Planning and Industrial Entrepreneurship is open to applicants who have completed 10 +1/2 School System. Candidates with mathematics at Higher Secondary Level are preferred.

More about IIPM

2006-08-21T21:22:00.000-07:00

IIPM Placements

With the industry going full swing and India Inc. taking the board room decision to increase human talent, all leading corporates were the main recruiters at IIPMfor the Placement Session 2005.The No.1‘s across industries like Oracle Corporation, G.E. Money, Deloitte Touche Tohmatsu, DLF Universal, ICICI Prudential, ICICI Bank, Price Water House Coopers were jostling for the zero day at IIPM.

After the fabulous placements of all IIPM’s across the country marks again the continuous patronage of the industry in IIPM, its clear that the top B-school has managed to carve “a league of its own", And this has been possible due to attracting the best names in India Inc. which in turn have recruited the best talent, all this has been possible because of the hard work put in by the faculty, Pedagogy better than the best, and a special mention should be of the high quality performance by our alumni which is at its best if not better than any other B-school in the world. The positions offered at the entry-level were mainly for Management Trainee; only in some cases Senior Officer positions were offered. At the lateral level position offered were of Asst. Manager till Senior manager with packages ranging from 5.00lacs p.a. to 7.50lacs p.a. which was offered by IBM also is one the highest domestic packages offered. Also some of the other big recruiters for 2005 were HDFC Bank, E-Value Serve.com, Essar Group, Shaw Wallace, Air Sahara, Hindustan Levers, National Engineering, Pipal Research, Times of India, IDBI Bank, Tata-AIG, India Bulls, Hutchison, Anand Rathi, Karvy Consultants, HCL Infinet and many many more..

Current & prospective employers are encouraged to write directly to the Placements Cell at IIPM for any kind of assistance. The contact details are given below

Campus Placements Cell

Anirudh Sharma (Manager, Corporate Relations, IIPM)

Level V, IIPM Tower -II

Qutab Institutional Area, New Delhi: 110016

INDIA

Phone: 91-11-51799529 - 35

Email: Placements@IIPM.edu

IIPM Students Life Campus Resources

In terms of infrastructure, campus and technology support, IIPM is rated amongst the top institutes of the country. IIPM's academic campuses in Asia are based in New Delhi, the capital of India, Mumbai (the financial capital of India and one of the main industrial hubs of Asia), Chennai (the industrial capital of India), Bangalore (IT capital of India), Pune (academic capital of India), Hyderabad (technology city) and Ahmedabad. IIPM's Asian consulting and research centers, under IIPM's Consulting Cell (Planman Consulting) are based in New Delhi, Mumbai, Bangalore, Kolkata, Chennai (India), and the North American consulting and research center is based in Toronto (Canada). Chicago (USA) is the headquarters for the most resent research and consulting center that IIPM is setting up in North America. In the European continent, along with strategic partners International Management Institute (IMI) Belgium, IIPM is in the middle of the industrial capitals of Europe, namely Antwerp & Brussels. Further, the Global Opportunities & Threats Analysis (GOTA) programs of IIPM shift traditional campus learning to the live corporate arena by visiting organizations like Nestle S.A (Vevey, Switzerland), United Nations (Geneva), World Bank, ILO, Credit Suisse Europe, IMD Lausanne, etc.

IIPM's Asian campuses focus on various academic programs, namely, Full time & Integrated Programs in National Economic Planning and Entrepreneurship, Fellowship programs and on specific management training programs. In New Delhi, IIPM has the largest campus of all business schools. The IIPM Tower in Qutab Institutional Area is situated in one of the most prestigious institutional areas in South Asia. The area also has campuses of various international organizations like USAID, DFID (U.K), UN, ABB, and Ernst & Young. In Mumbai, the IIPM Tower in Bandra (West) has received many rave reviews in business magazines and news reports as being a designer's marvel and an architectural delight. As consistent with all of IIPM's international locations, the Mumbai campus is situated in one of the most highly valued locations in Asia. IIPM additionally also has another pristine campus spread across various acres of lush green landscape in South Delhi. This campus is exceptional because of the Scottish flavor of the ambience. The castle type buildings, mysteriously located between lush green landscapes and thick woods, provide the ideal setting for academic pursuits. A similarly huge and lush campus, focused now completely on rural development programs, is based in Gurgaon, adjacent to New Delhi. Interestingly, it was the Gurgaon campus where IIPM started its management programs in 1973.

All IIPM campuses have created standards in infrastructure, co-curricular, and extra curricular support. For example, students and participants, for their various projects and extra curricular activities, would regularly utilize services of air-conditioned auditoriums with seating capacities of over 1000, conference rooms with availability round the clock, computer laboratories with 24 hours online support, libraries extending across complete floors with some of the world's leading titles, classroom teaching infrastructure comparable to the most advanced in the world, sports facilities (Billiards, Swimming, Golf, Lawn Tennis, Table Tennis, Badminton, Cricket), and yes, the inimitable Canteen. World's leading organizations have provided, or currently support & maintain these high levels of infrastructure. Some of them are Microsoft, LG, Nestle, Hewlett Packard, Canon etc.

Whether for academic programs or for management training sessions across all its campuses, IIPM provides hostel accommodation for students and participants from various parts of the world. This adds phenomenally to group learning experiences, sustained by round the clock faculty interaction.

IIPM Students Life Sports

In order to keep our young talents full of life and vigour, we encourage and organize lots of sports activity in the college. The list includes cricket, football, table tennis, billiards, chess, badminton, softball and many more. The institute organizes sports events every year for the students to compete in inter-class as well as inter-college tournaments. IIPM believes in healthy hearts and strong minds

IIPM Students Life IIPM Clubs

For overall development of a student, IIPM has various clubs which focus on the student’s interest in varied field.

The clubs give students the following edge :

Gives an opportunity to the students to come in contact with the industry & gain first hand knowledge.

Lays a platform for the students to work in a team & improve group dynamics.

Helps to develop leadership skills. Helps to gain a sense of responsibility.

IIPM Students Life Campus Events

The gamut of events is what keeps the freshness of IIPM alive. Active minds and hearts is what this institute treasures and endeavours for. The mega events such as Aagman and Amaze break the age old tradition of celebrations. In other words there events redefine the very essence of post graduate studies. Moreover these events tend to dig, even the ‘slightest of talent possible’ out of an individual and make him/her feel enthralled and on top of the world.

IIPM Academics Curriculum

"Winners All The Way ! ! ! IIPM's Full time & Integrated programs in National Economic Planning and Entrepreneurship are in a different league. Students are exposed to case studies & industry projects apart from undertaking tours to countries in Europe & US under the GOTA program, providing entrepreneurial outlooks to students..." {Source: The Times of India, June 2002}

"IIPM's initiatives exposes students to international management practices of global organizations... IIPM's alliance with IMI, one of the top three business schools enables IIPM students to get joint globally recognized certification..." {Source: Financial Express, June 2002}

"What makes IIPM programs different? The focus of the Full time & Integrated programs is National Economic Planning... The students visited organizations like Nestle in Vevey, Switzerland, Federation of Swiss Watch Industry (Bienne), Sulzer (Winterthur), IMD Lausanne etc. This international exposure not only broadens the students' horizons, but also brings them at communication terms with global management professionals..." {Source: Hindu, May 2002}

The integrated and full time programme in national economic planning and entrepreneurship provided by IIPM (which are superior to standard MBA and BBA programs), alongwith IIPM's Fellowship, Executive Education (and Global Opportunities and Threats Analysis programs where students visit organizations like the United Nations (Geneva), World Bank, ILO, Nestle S.A. Vevey, IMD Lausanne, Credit Suisse etc.) have created some of the highest standards in the management field.

Full time Programme in National Economic Planning and Entrepreneurship (leading to the award of the MBA degree from IMI): This is the renowned two year full time Master's residential program that leads to the award of the MBA degree from the International Management Institute, Belgium, one of the Europe's leading business schools. Offered currently at the Asian (New Delhi, Mumbai, Pune, Bangalore, Chennai, Ahmedabad & Hyderabad) campuses of IIPM, students have the option of transferring their credits to IMI Belgium and continuing their studies there. Students study core subjects in the first year related to various areas like National Economic Planning, Marketing, Personnel & Industrial Relations, Finance & Accounting, Production, Quantitative Techniques, IT Systems and various other term papers. In the second year, students have to undertake compulsory specializations related to Marketing & IT. Apart from these two compulsory specializations, students have a choice of taking up an additional specialization, namely Finance or Human Resources. Students in the second year also study advanced core papers like Business Policy & Strategic Planning, Mergers & Acquisitions, International Marketing etc. Students have to submit a thesis dissertation at the end of the program. Interestingly, this IIPM program has been rated as covering at least 33% more credits than any other MBA course in the world. Visit the link on Faculty to view the intellectual strength behind the Full time Programme in National Economic Planning and Entrepreneurship courses and the subjects covered. Students join the best companies in the world after passing out from this course. Please visit the link on campus placements for more information. Also visit the link on application details for information on how to apply.

Integrated Programme in National Economic Planning and Entrepreneurship (leading to the award of the BBA degree from IMI): The Bachelor's program at IIPM is ranked amongst the best programs for undergraduates in India. This is a three year full time residential program that leads to the award of the BBA degree from the International Management Institute, Belgium, one of the Europe's leading business schools. As mentioned previously, the Bachelor's program is currently offered at IIPM's Asian campuses in New Delhi, Mumbai, Bangalore, Chennai, Pune, Ahmedabad & Hyderabad. In this IIPM program, in the first year, the IIPM students have to study the foundation courses related to areas like Marketing, HR, Finance, Foreign Languages, Culture, Executive Communication, Quantitative Techniques, General Awareness, History & Literature, Introduction to Management, Introduction to IT systems. In the 2nd year, students have to undertake core subjects related to various areas like National Economic Planning, Marketing, Personnel & Industrial Relations, Finance & Accounting, Production, Quantitative Techniques, IT Systems and various other term papers. In the third year, students have to undertake compulsory specializations related to Marketing & IT. Apart from these two compulsory specializations, students have a choice of taking up an additional specialization, namely Finance or Human Resources. Students in the third year also study advanced core papers like Business Policy & Strategic Planning, Mergers & Acquisitions, International Marketing etc. Students have to submit a thesis dissertation at the end of the program. The IIPM integrated program is unique in the aspect that students in the final two years undergo as rigorous a course schedule as in the Full time program. Most importantly, these IIPM under graduate students, after working for two years in the industry, are automatically awarded the MBA degree from IMI. This allows the Integrated students to achieve an industry standing that is comparable to MBA graduates, at the same time allowing a time saving of two years. Visit the link on Faculty to appreciate the top notch faculty teaching at the under graduate programme and the subjects being covered. Another important aspect of this program is that students have the option of transferring their credits to IMI Belgium and continuing their studies at IMI. Students join the best companies in the world after passing out from this course. Kindly visit the link on campus placements for more information. Also visit the link on application details for information on how to apply.

European Exchange Program with IMI: Considered one of the most valuable learning experiences at IIPM, all students of IIPM who successfully complete the first year of their programme at IIPM in India are eligible to go to IMI for the duration of one trimester in the second year. The students would stay & study at the Antwerp Campus of IMI in Belgium. The students would get the opportunity to interact with international faculty as IMI faculty includes various American, European & Asian professors. Students would be in the midst of truly multi-national student groups as IMI students belong to various parts of the world. During the course of this study, the students would be taken on corporate & academic tours to Brussels (Belgium), Paris (France) & Bruges (Belgium). This would provide the most invaluable opportunity of understanding how global organizations work.

IIPM's Article

2006-04-16T23:42:00.000-07:00