Only 18% students from tier 2 biz schools land job offers

May 2, 2014

Jjob_offers New Delhi, May 2: Campus hirings across second rung business schools in the country have been severely hit this year due to economic slowdown, with only 18 per cent students landing job offers after completing the two-year MBA course, says an Assocham survey.

The salary packages offered at these B-schools have also been curtailed by 40-45 per cent as compared to last year, according to the survey of the industry body.

"Economic slowdown, stalling of new projects and investors' apathy towards key sectors like infrastructure, hotels, financial services, realty and retail have led to drying of job opportunities for several students from the b-category business schools, with only 18% students landing job offers," it said.

India has been struggling with below 5 per cent economic growth, with the country's GDP clocking 4.7 per cent growth in the third quarter ended December, 2013.

The economic slowdown has not only killed jobs, but several B-schools are forced to shut down due to parents and students rethinking on investing two years and several lakhs in a course that may not lead to employment, the survey noted.

"Many parents and students are re-thinking on investing 2-3 years and several lakhs in a course, with the demand and placement of MBA graduates not as good as before due to slowdown. Around 450 institutions have become defunct as they are not getting enough students to be viable," Assocham Secretary General D S Rawat said.

The survey pointed out that more than 220 B-schools shut down in 2013 in the major cities Delhi-NCR, Mumbai, Bangalore, Ahmedabad, Kolkata, Lucknow and Dehradun while another 95 are struggling to stay afloat.

Moreover, candidates applying for the common admission test (CAT) for securing entry into top notch B-schools like the IIMs have also been declining for the last two years, Assocham said.

"The total number CAT applicants stood at 1.85 lakh in 2014, compared with 1.94 lakh in 2013, while MBA seats in the country rose from 95,000 in 2006-07 to 4,68,000 in 2013," the survey said.

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The Shepherds' International Academy Reduces School Fees by 50%

Media Release

July 12,2020

Mangaluru: COVID-19 has disrupted the traditional academic year. Due to the on-going pandemic situation and the financial crisis, the management of The Shepherds' International Academy, Mangalore (TSIA) has decided to reduce the annual school fees by 50% for the academic year 2020-21.

In a media release, TSIA correspondent stated that even though the school hasn't met the regular operating expenses, the management's decision is for the benefit of the communities.

The correspondent also informed that TSIA will start online classes on receipt of the official nod from the Govt. Educational department.

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St Agnes College celebrates centenary with the community of Mangaluru

Media Release

January 8,2020

Mangaluru, Jan 8: The centenary year of St. Agnes College got off to a grand start on January 3, 2020 with a day of commemoration that involved staff, students, alumni and benefactors. The college is all set to celebrate its centenary with the community of Mangaluru on January 10, 2020 from 9.30 a.m. to 6.30 p.m with a daylong festival – Knowledge Factory. It will be held at the newly inaugurated air-conditioned auditorium with over 1000 attendees expected to be present.

KNOWLEDGE FACTORY is the first of the five mega centenary programmes that St. Agnes College has envisaged. The Promise Foundation and niiti Consulting – two organisations headquartered in the national capital under the mentorship of veteran journalist Madhavan Narayan are collaborating with the college to bring this event to Mangaluru for the first time. A dozen icons will share the stage throughout the day and bring forth their thoughts and ideas enabling a culture of learning through fire-side chats and keynotes.

The speakers include Lisa Ray, Indo-Canadian Actor and Author; Sunil Buch, Director, Live Nation; Dipannita Sharma, Actor and Supermodel; Kriti Tula, Co-Founder and Creative Director, Doodlage; Nandini Srikar, Singer and Composer; Prakash Belawadi, Movie and Theatre Actor, Manasi Paresh Kumar, Senior Journalist; Swati Pande, Co-Founder and CEO, Arboreal; Anuradha Kedia Parekh, Co-Founder, The Better India; Arokiaswamy Velumani, Founder and Chairman, Thyrocare Technologies; Heena Sidhu, the former world number 1 pistol shooter. The event anchor will be the celebrity news reader Rini Simon Khanna who has been anchoring the event since its first edition in 2017.

Gaurava Yadav, a well-known quiz master will conduct a quiz focussed on History. Based on a written prelims that will take place at 8.15 am in the designated room, four teams of two members each will compete in the finals at 4.45 pm. The winning team will receive a prize of INR 30,000 and the runner up team will receive INR.20,000/-

The event is put together by social entrepreneurs - Meena Vadiyanathan and Amith Prabhu (who is of Mangalorean origin). All who desire to attend the event and participate in the quiz may buy donor passes costing Rs 500/- per head which includes lunch. Sale of donor passes will close on the 8th. The college cordially invites the community of Mangaluru to join hands with it in making this programme a great success.

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