Unitedworld B-School Blog

With the Indian economy experiencing a boom more and more students are getting interested in taking up MBA courses. B-schools are also bringing in new innovations to their programs to attract students who want to gear themselves up for the changing world market.

In 1970s, there was immense popularity of engineering studies. Mainstream courses gained popularity in the 1980s. From 1990s, post graduation diplomas in management became top career options. One of the reasons behind the popularity of the management courses is their constant change and improvement. India has the largest number of MBA graduates annually (2.5 lakhs) after the US. But besides the popularity of B-schools in India there is a large gap between demand and availability. To meet up these demands there are more and more B-schools that are keen on increasing their regional presence.

In the past few years, there has been many success stories among Indian MBA graduates. Some of them have proved their mettle in the global market and have acquired top management positions in top-of-the-line organizations. B-schools are the reasons behind these success stories. They have done away with the traditional course structures and have made their courses more specific under various modules and themes. The courses are now more oriented towards developing leadership skills and understanding of the business and executive skills of the organizations.

Though the B-schools in India do not offer full-time MBA programs that are tailor-made for a specific organization there is availability of short-term custom programs. As much as 80% of the executive programs on today’s date are customized and two-thirds of them are company oriented specific information. Many short-term MBA programs are also available in India and online courses are also taken up by many. E-learning with the aids such as online lectures and lessons, study materials over the Internet have made distant learning easier.

United World is one of the first autonomous B-schools in India that implemented ERP system or Intelligent Campus. With this system the students, professors and the management all remain connected through a virtual platform. The virtual campus enables students to create work groups, manage projects, and make schedules which the professors can keep a track of.

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United World School of Business, one of the premier B-schools in India, is pleased to announce the starting of its intelligent B-School campus.

Business education is one of the most popular courses in terms of getting employment. The business world is an ever changing one and every business school should be ready to make changes that suit the business world. Education in such places should be based on improvements that will create leaders in the industry. Keeping this in mind, United World School of Business is offering new courses with specializations in IT, finance, marketing, retail management, media entrepreneurship, HR and international business.

United World offers opportunities for MBA in Mumbai, MBA in Kolkata and MBA in Ahmedabad. All these centers of excellence are great platforms for innovation, bringing to the students up-to-date courses and technologies in the field of business education.

For the sake of innovation, they have implemented a composite education ERP system, better known as Intelligent Campus, which creates a virtual platform for students, professors and management people. This platform helps students to manage their projects, work groups as well as schedule their tasks. Professors can simply access the growth of a student through various pictorial charts. The virtual campus of United World also allows students to access old class notes, libraries or get help from remotely located faculties. The system is connected through email and mobile phones to keep students connected 24X7.

United World is also offering the facility of multilayer placement cell. Tier I offers placement opportunities zone-wise, such as the students doing MBA in Kolkata will get opportunities from East Coast while students doing MBA in Mumbai will have opportunities in the west and central zones, and likewise. In Tier II, the students doing MBA in India will get opportunities in top 500 organizations based in India. The last level is the tertiary level where  students are offered jobs in developed countries such as the Far East, UK, Middle East and Australia.

With all these facilities and a great curriculum, United World is earning many recognitions. Recently, it received the Gurukul Award for the Best Upcoming Institute for 2008-09.

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Months of indecisiveness came to an end on Thursday as India and the Association of South East Asian Nations finally signed an essential trade pact. The consequence of this crucial decision are that, it will break all sorts of obligations in the consumer market of 1.7 billion. It took years of vigorous interrogations before Indian minister of commerce and industry, Anand Sharma and economic ministers of the ASEAN entered into compliance to sign the trade pact. You can surely comprehend the amount of pressure both the parties had exerted to come to this mutual agreement.

According to the plan layout the first of implementation is assumed to end in January 1, 2010. Manmohan Singh, Prime Minister of India, had structured a GoM to alleviate domestic problems in the pact. According to the pact there will be an elimination of duties on 4,000 things within 2016. 80% of India’s trade from South-east Asia will therefore be covered. But keeping in mind the concerns of the susceptible domestic industries and even the agricultural producers, 489 items have been omitted from the pact.

According to Sharma the deal is well balanced and in accord with the India’s policy of “Look East”. It  will surely benefit both India and South East Asian Nations.

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Confluence 2009 was a remarkable program more so because of the presence of APJ Abdul Kalam, former President of India who spoke on the essentials of management. The first part of the program was chaired by Professors of IIMA, Mr Dixit, followed by Abraham Koshy. Managing director of Apollo Hospital, Chennai, Dr Preetha Reddy was the first speaker of the afternoon session. She discussed on topics like healthcare, education and infrastructure. She was of the view that India’s population is not a problem but an unprecedented opportunity.

Executive Director of KPMG, Mr Arvind Mahajan was the next to take the dais. He spoke on new paradigms to succeed and sustain. He spoke about the growth rate that has changed drastically. He also said “India is not decoupled anymore- global competitiveness only ticket to long-term survival”

Arvind Mahajan was followed by Meenu Handa who added to his argument regarding innovation. She shared her views as to why she felt that Indian companies are the most innovative. She added that the nature of Indians to create sense from chaos and using it to arrive at a destination is what made Indians different from others. She ended her speech on a striking note, pointing that with strong determination India can definitely become a knowledge power.

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Persuaded by the fall in trade existing between China along with South Korea in the midst of the global recession, representatives from both nations committed to expedite negotiations in favor of free trade agreement. They also promised to focus on numerous issues like cooperation in various sectors, and creation and manufacturing of new industries like hi-tech and green energy.

China became the leading beneficiary of South Korea’s direct investment in the year 1992. South Korea has been vigorously investing in China for the last six years. At the end of 2008, South Korea had invested 41.9 billion dollars contributing 70% to China’s industrialized sector. 200 billion dollars is their trade target for 2010, but their goal now seems to be improbable. A sudden drop in their trade this year has pushed these nations to go for free trade contract.

“The establishment of a free trade agreement among China, South Korea and Japan should be examined as soon as possible. Strengthened relations among the three Asian nations would invigorate the world economy” (Chen Deming)

In 2004, South Korea in conjunction with China initiated a study on South Korea-China free trade which showed how industries from both nations were complementary to each other and that the success of each nation’s economy lies in free trade. A free trade between nations like South Korea with China can never exist unless and until each nation diminish all negative factors arising domestically or beyond.

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Recent studies have shown the closing stages of the recession with Germany and France stating an unforeseen profit in growth rate. Most economists predicted a decline of 0.3% in the GDPs of Germany and France in the second half of 2009. On the contrary they have astonished the world by asserting that they both have ascended a growth rate of 0.3%. Amongst the five major economies in the world, India, China and Japan are increasing at a healthy rate, as compared to their pace in the previous years. Brazil is also out of recession as it has shown a growth rate of 1.5% in GDP.

The Eurozone is predicted to have declined merely by 0.1% as compared to 2.5% drop in GDP in January-March. As compared to the declining rates in GDP of Germany by 3.5% and France by 1.3% during the first quarter, it is no doubt a smart turn. Like the US, UK and Italy also exist in the recession list. During the second quarter, the UK economy declined by 0.8% whereas that of Italy was 0.5%.

‘‘It’s quite possible, though not certain, that retrospectively, we’ll say that the recession ended in July or August, may be September,’ as quoted by Paul Krugman (a Nobel Laureate).

This is not an undue optimism as can be best seen by the amount of job cuts and the rate of unemployment taking place in USA. In the past two years, USA has faced a tremendous financial crisis but the good news is that this will soon come to an end.

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With an aim to establish a dynamic relationship between India and the New Zealand, the New Zealand’s high commissioner to India in compliance with the prime ministers of the two countries announced the free trade agreement.  This would in Rupert Holborow’s (New Zealand’s High Commissioner to India) views fortify the bond between the two countries.

The relationship can be further strengthened if cooperation between the two countries can be upgraded. Both countries can complement each other in their endeavor to improve their respective countries. In Rupert Holborow’s views New Zealand can contribute to India massively in stimulating the second green revolution therein. It can also establish a benevolent trade relationship. This will increase the confidence level of New Zealand community in terms of investment position. In return India can lucidly participate in New Zealand’s market. The broad-based educational system of New Zealand can amply benefit the Indian student who wants to study in the field of agricultural research, dentistry or medicine overseas.

Mr. Holborow also stressed on the Indian origin population in New Zealand which comprises 1, 20, 000 of the overall populace of 4 million. This accounts for India being the second biggest ethnic community followed by China. Emigration still continues and this not only increases the population of the Indian society in New Zealand but also shows the mutual mingling of the two communities, India and New Zealand. Rupert Holborow is of the opinion that India is vigorously and successfully on the threshold of developing a new “look-east policy”

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At the World Trade Organization meet on Monday, hundreds of ministers are assembling with the developing countries to push the negotiations on global trade deal to a culmination. Some issues that needs urgent attention has been decided upon by the developing countries prior to the meeting. They demanded that immediate action be taken on the Doha issue for a successful trade liberalization treaty which has faltered ever since its birth at the Quatari in 2001.

But unfortunately according to the agenda of the first meeting, of this decision making body, the Doha conspiracy has been officially left out. In spite of many assurances to take up the Doha issue over the years, deadlines were repeatedly missed and ministers were only asked to stress their commitment to complete the round. Apparently the United States are the main reason behind the non-fulfillment of the deal. In fact Latin American diplomat explicitly states that “we clearly lack an explicit position from one of the most important members of the negotiations. We are of course talking about the United States.”

Little progress was made even when Ron Kirk suggested the World Trade Organization members to consider a different route to get to a quick conclusion. United States is invariably putting a concrete trade reform at the conference meet. In the words of Kirk United States is “playing a leadership role”

Although the world leaders have put 2010 as the target to end the Doha process however given the pace at which it is being progressed it is doubtful.

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Although the impact of the recession in Asia was extremely rigorous, Asia is slowly recovering from global financial calamity. India is expected to recuperate slowly from this crisis with the help of rising business, favourable financial situations, private consumption advantages and improved employment outlook. In the midst of this global downturn Asia’s striking recovery is indeed commendable.

The primary reason behind Asia’s quick recovery is the return to normalcy which has been accentuated by the sudden collapse of trade and finance by the end of 2008. The swift, forceful and broad policy response is another key reason for Asia’s revival.

IMF’s latest forecast reveals that output in huge G-7 economies are expected to grow scarcely by 1.25% the following year. This is insufficient to recompense even half of 3.5% of the contraction estimated in 2009. G-7 consumption will therefore remain weak for quite some time. This will consequently limit the demand of Asia’s products externally.

However, luckily India’s dual engine has enabled it to expand the exports that preceded the crisis. The domestic demand as well as the investment brought about the largest portion of India’s growth. The supply-side should be overcome to enable India to sustain this expansion.

Another main policy challenge is to device a way out to go back to a prolonged and quick growth in this new global atmosphere of a softer G-7. This rebalancing calls for a detailed attention to many factors. The IMF is assisting countries to take up these challenges.

The crisis has however posed challenges to recover the growth model. It is time to execute policies to make domestic demand the second engine of growth.

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Unitedworld School of Business has been awarded the Gurukul Award for Best Upcoming Institute for its MBA programs in finance, HR, IT, marketing, and retail management, with campuses in Kolkata, Mumbai, Ahmedabad, and Pune.

Kolkata, India, 24th November 2009: The Unitedworld School of Business has received the Gurukul Award for the Best Upcoming Institute for the year 2008-09. This MBA school based in India has campuses in Mumbai, Kolkata, Pune and Ahmedabad. It offers MBA courses that allow students to specialize in media, HR, marketing, entrepreneurship, finance, international business, IT, agribusiness and retail management.

The Gurukul Awards were sponsored by Complan and was organized by Lions Club of Kolkata Mother Teresa Sarani. It was supported by Friends of Alumni/Ae of Colleges Educational Institutes and Schools. Concast was one of the associate partners for the Gurukul Awards, while Mayfair Business School and Alchemy Leadership School were some of the academic partners. Linc Pens, Cool Looks, Mani Square and Patton were some of the gift’s partners for the awards. Sanmarg, JK Advertising, Taaza, Red FM and Channel 1 were the media partners.

The concept for this B-school in India was developed by a group of economists, academicians and top executives of Indian origin, who have an experience of working in various MNC’s around the globe. Students who wish to pursue their MBA degree from Unitedworld can opt for a 1 year MBA course or a 2 year MBA course, depending upon their requirement. This B-school in India is the first one to provide the facility of a multilayer placement cell to all its students.

India is on the verge of becoming the centre of the global economy as ASEAN Free Trade Area (AFTA) will soon be a reality where India, China and other countries in Asia will unite together for trade purposes just like the ‘North American Free Trade Area’ and the ‘European Union’. The BRIC (Brazil, Russia, India, China) countries are becoming globalised in the true sense as a strong economy is developing the world over, excluding the developed countries. All this is making it very important for Indian managers to get ready for a more challenging and complex market scenario very soon in future. Thus, the presence of an MBA school like Unitedworld, that has an evolving curriculum to meet the changing needs of the market is even more necessary.

Unitedworld School of Business prepares its students for the future and makes them industry ready by organizing interactive sessions and seminars with successful industry professionals. This helps them to stay tuned to what’s happening in the industry and the Indian management scenario, besides studying their academic curriculum. Thus, these MBA school students are able to prepare themselves well for the highly competitive scenario that they are going to encounter in future.

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