On the request of several aspirants , I try to answer questions about
PGDM-International Business (IB) program of SIMSR.
What is management in international business? In the age of globalization, companies are not limited to regional or national level only. They want to explore opportunities across the globe to make profits. By the means of bilateral agreements between countries and group of countries or trade union like EU,NAFTA etc, more and more companies are now involved in international business.
To manage their business functions they need individual who can understand both domestic and international functions of companies. A management education in international business will create functional competencies which would be essential necessary for operating in the international environment.
How it is different from general PGDM/MBA program?In terms of course curriculum: In first year, PGDM & PGDM IB have common subjects. In the third trimester, Export Import Policy/ Procedure and FEMA are covered as a subject, in addition to the common first year subjects. In fourth & fifth semester we have specialization subjects in addition to common subjects. Choice of one foreign language between French and Spanish, taught throughout the second year.
Refer
http://simsr.somaiya.edu/SIMSR/Adm/PGDM12/FormBrochure/List_of_Subjects2012.pdf
In terms of Career prospects:
With this kind of course curriculum one have opportunities to work where normal PGDM can work. In addition to this one can also work with international business profile. Many PGDM-IB alumni is working in MNEs & MNC like ABB,PWC , Exim bank etc with international business profile. A key point over here is you can compete with normal PGDM students in placements for the same companies.Moreover,four companies exclusively visited for IB last year. You can switch to IB profile depending upon your career plan.A Key important point here is that you can compete for marketing or finance in final placements.
If the course is so good why the cutoffs were 80.xx last year?The main reason is lack of awareness among aspirants .But if you analyze the global scenario, International business is future of industry. This is why, in last two years many colleges started IB specific program.
I still have doubt about placements. Can you give idea about placements?As I stated earlier, PGDM & PGDM IB have common placement process (last year 131 companies). In addition to this, four companies visited exclusively for PGDM-IB. Recently, one PGDM-IB first year student has been selected for international summer internship (Germany) for leading Pharmaceutical & Chemical manufacturer giant.
So, if I have 90+ in CAT , I have BEST opportunities to convert GD/PI call? NO, you have relatively better percentile in CAT. But your final conversion will be evaluated on the basis of CAT percentile +GD/PI performance Academics +Work ex score. (Personal experience)
What else can I expect From KJ SIMSR PGDM-International Business?Apart from placements, you will be guided by best of faculties. In addition to this we have international business society (IBS) which is exclusively for PGDM-IB. IBS give us platform to interact with corporate tycoons. Students also contribute to its quarterly publication e-Globuzz, which goes a long way to enhance their perspective of world affairs.
Refer
http://www.somaiya.edu/VidyaVihar/media/pdf/e-Globuzz%20Vol%20II%20Issue%20III.pdfRefer
http://www.pagalguy.com/forum/life-b-school-b-school/34281-life-simsr-12.htmlStudent activity clubs :
SIMSR have four main admin - student driven cell : Placement Committee, Alumni Committee , Public Relation and Admission Committee.
Apart from this various co-curricular focused committee are thee in SIMSR like Marketing Club (interface), social cell , Finance cell , gita club , sports committee , CII - YI Club , Operation club , E-Cell etc.
The significance of these cells is crucial when it comes to establishing your own networking in industry provided with important team learning.
Is it mandatory that I have to study for some months in foreign? No, Foreign student exchange program is depend upon individual discretion and performance.
The Institute has international linkages with School of Management, Asian Institute of Technology, Bangkok (Thailand), Deakin University, Australia, Vaasa University, Finland , Nyenrode Business Universiteit, The Netherlands .
Current Batch profile: Batch have blend of fresher and experienced students. Some of the students are from NITs and other best institutes of India. It is great opportunity for me to learn from students who are from Infosys,TCS,Vedannta, deloitte, Jindal Steel ,Wipro, Gammon India,L&T;,Ericsson etc.
Any suggestions to aspirants We suggest to prepare well for GD/PI to be part of SIMSR.
To know more about KJ SIMSR refer
http://simsr.somaiya.edu/SIMSR/Adm/PGDM12/FormBrochure/PGDM_ADMISSION_BROCHURE_2012_14.pdf Insights from Conversation among
rps4ever ,
interceptor16 ,
SHIVAMUIET .