Project How Iim Students Improve Their Career
Two IIM-A grads shun Rs 1-cr offer
AHMEDABAD: Declining pre-placement offers is nothing new for students of Indian Institute of Management-Ahmedabad, but declining the highest offers ever made in the institute has raised more than a few eyebrows.
Two of the six second-year post-graduate programme students of IIM-Ahmedabad who were offered the position of associates by Deutsche Bank, declined it despite their salaries, in rupee terms, was more than Rs 1 crore.
Debashish Chakravarty, one of the two students who refused the offer said, "I declined the offer because I wanted to be on my own." The challenge of entrepreneurship was more exciting for him than taking up a cushy job.
"Three other classmates and I have planned to start our own business. We plan to start production and retailing of women's lingerie," said Chakravarty, who was serving in the Army before taking voluntary retirement.
Vineeta Singh, who too rejected the Deutsche Bank offer will be joining Chakravarty, along with Bhushan Dabir and Vishal Prabhu Khan-olkar. "We did a detailed market research on women's lingerie and found huge customer dissatisfaction. We have a business plan ready," said Chakravarty.
"The financing of the project is being negotiated with venture capitalists and if everything goes as per plan we hope to be in the market with our product by next year," Chakravarty said.
Source: http://timesofindia.indiatimes.com/articleshow/968988.cms
IIM-A alumni run online CAT coaching
Though the country’s six Indian Institutes of Management’s Admission Group have decided to make their Common Admission Test (CAT) online from next year, four alumni of IIM Ahmedabad have managed to beat their alma mater in the Net game.
Four students of the Post-Graduate Diploma in Business Management, who opted out of the placement process in 2007, already have a Website that imparts online coaching for CAT. The foursome, Vineeta Singh, Bhusan Davir, Vishal Prabhukhanolkar and Debashish
AHMEDABAD: Declining pre-placement offers is nothing new for students of Indian Institute of Management-Ahmedabad, but declining the highest offers ever made in the institute has raised more than a few eyebrows.
Two of the six second-year post-graduate programme students of IIM-Ahmedabad who were offered the position of associates by Deutsche Bank, declined it despite their salaries, in rupee terms, was more than Rs 1 crore.
Debashish Chakravarty, one of the two students who refused the offer said, "I declined the offer because I wanted to be on my own." The challenge of entrepreneurship was more exciting for him than taking up a cushy job.
"Three other classmates and I have planned to start our own business. We plan to start production and retailing of women's lingerie," said Chakravarty, who was serving in the Army before taking voluntary retirement.
Vineeta Singh, who too rejected the Deutsche Bank offer will be joining Chakravarty, along with Bhushan Dabir and Vishal Prabhu Khan-olkar. "We did a detailed market research on women's lingerie and found huge customer dissatisfaction. We have a business plan ready," said Chakravarty.
"The financing of the project is being negotiated with venture capitalists and if everything goes as per plan we hope to be in the market with our product by next year," Chakravarty said.
Source: http://timesofindia.indiatimes.com/articleshow/968988.cms
IIM-A alumni run online CAT coaching
Though the country’s six Indian Institutes of Management’s Admission Group have decided to make their Common Admission Test (CAT) online from next year, four alumni of IIM Ahmedabad have managed to beat their alma mater in the Net game.
Four students of the Post-Graduate Diploma in Business Management, who opted out of the placement process in 2007, already have a Website that imparts online coaching for CAT. The foursome, Vineeta Singh, Bhusan Davir, Vishal Prabhukhanolkar and Debashish