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The Indian Institute of Foreign Trade (IIFT) and Singapore Management University ( SMU) have signed an MoU to collaborate on conducting training programs and research relating to international trade and business from an Asian perspective.

Under the partnership, the two institutions will jointly design and launch management development programs as well as offer postgraduate certificate programs in areas related to international trade, business and management.

Both parties also agreed to conduct joint research, case writing in the area of international trade and business, especially related to the Asian region. The MoU also covers student exchanges between the two institutions.

XLRI,which has plans so expand in a big way,both within and outside India,recently organized a Pan-South India alumni meet at Bangalore,with a target to raise Rs 100 crore fund for its ambitious expansion plans.


Amongst the distinguished attendees at the alumni meet were Father E Abraham, an alumnus from the batch of ‘78, and current Director of XLRI, Prof Sharad Sarin, Endowment Fund Chair, Prof Pranabesh Ray, an alumnus from the batch of ‘77, and current Dean, Prof Madhukar Shukla, Prof MG Jomon, Alumni Chair..

XLRI, Jamshedpur, has announced admission for its full time six-month certificate program in Entrepreneurship Administration designed to provide competency-based education to promote entrepreneurship in the country.

The programme - ‘Post-Graduate Programme for Certificate in Entrepreneurship Management (PGP-CEM)’, is targeted to enterprising individuals and those who run their family business. The total fee for the programme is Rs 55,000, and course starts in July,2012. The last date for applying to this programme is May 30, 2012.

Despite increasing number of MBA options available to aspirants, the interest in MBA education has not been much encouraging in India over last few years. This has resulted in most of the MBA colleges, excluding Top 40-50 B-schools, struggling to fill their seats and some even filing for closure of their management programmes.

MBA institutes are coming up with new programmes, innovative admission schemes and big promises. But, none seems to be working in their favour. So what are the corrective measures?

Experts believe that concern over quality of management education has deepened amongst all the stakeholders including Educators, Aspirants and Policymakers.  They feel that promoting the quality of MBA education is the only way to succeed for B-schools in India.

It's good news for MBA graduates this year.Rising from a slumber after the recession, some  79 per cent companies plan to hire fresh management graduates this year, compared to 72 per cent in 2011.

On an average, the number of MBA freshers per firm has also increased from 13 last year to 17 this year, according to a survey by NGO Graduate Management Admission Council (GMAC) and administrator of GMAT exam.

The regional variations in accordance with the exonomic mood is very much visible though.

ETS, the creator of the TOEFL test, and Hobsons, the leader in recruitment, communication, and student success solutions for colleges and universities, have announced to showcase the much anticipated TOEFL  Search Service, an online tool connecting higher education institutions with prospective international students from around the world at the NAFSA 2012 Annual Conference & Expo as more than 8,000 international education professionals convene in Houston next week,though, TOEFL Search Service will officially be launched only in July 2012.

The TOEFL Search Service is the first tool to tap TOEFL test-taker data for student recruitment purposes.It will offer admissions officials access to an expanding database of more than 200,000 recent TOEFL test takers who have opted in to learn more about higher education opportunities abroad.