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What are the
eligibility criteria for admission to PGPX?
Here are the basic criteria:
(a) Bachelor’s Degree or equivalent
in any discipline
(b) Minimum Age – 27 years at the
start of the course [born on or before March 31,
1979 for
batch starting April 2006]
(c) Upper age limit: None
(d) GMAT (www.mba.com)
score obtained not earlier than April 1, 2002 for batch
starting April
2006. To ensure that scores are sent directly to IIMA, please
enter
ETS
CODE: 7156.
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What
are the criteria for admission?
Admitted candidates are likely to have good GMAT scores, a good
academic record, a clear idea of why they prefer IIMA for doing
their one-year programme and substantial work experience that shows
some evidence of a supervisory/managerial role in an organization
that they have worked for. Leadership potential will also be considered.
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Is
the admission process different for sponsored candidates?
No. All candidates, whether sponsored or not, will go through the
admission process.
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Is
there a minimum GMAT score?
No. But the higher the GMAT score the better the chance of admission.
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If
I have more than one GMAT score, which will be considered?
Highest score amongst the tests taken after April 1, 2002 will be
considered.
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Is it sufficient to submit the application with the test centre
score or do you need the official score
from ETS
before the last date?
We will accept the
test centre (unofficial)
GMAT score from candidates as follows:
| Candidates located in India |
Up to June 30, 2005 |
| Candidates located outside India |
Up to August 10, 2005 |
Candidates are required to have the official score sent from
ETS to IIMA [CODE: 7156] soon after their submission of scores/application.
The application will be considered incomplete unless the GMAT
score is received from ETS.
The deadline for receiving the Application Forms remains June
30, 2005 for all the candidates.
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Will
CAT scores be considered?
We will not be considering CAT scores for PGPX.
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What
is the minimum grade I should have at the Bachelors’ level for me
to apply for admission?
There is no minimum. However, selected candidates are likely to
have had a consistently good academic record.
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I
have already completed a Post Graduate Diploma in Management/MBA
and have been working since then. Will this earlier education be
considered as a disqualification for the PGPX programme?
No.
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What
is ‘substantial’ work experience?
We are targeting about seven years of organizational experience
at the start of the programme.The nature of the work experience
including demonstrated initiatives would be important.
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Should
the experience be in a for-profit organization?
Not necessary.
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What
would be judged in the leadership profiling?
We want to understand the leadership potential which will be done
partly through application forms and partly through interview.
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Is
there any reservation for people working outside India?
No. However the programme is actively seeking an international mix
of participants.
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Is
there any reservation for company sponsored candidates?
No.
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How
many seats are available?
Target for the first batch is 40. In the subsequent years, the number
would be increased to 70.
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What
are the specializations available for the PGPX course?
The focus is on general management and hence, no specialization
(minor) is officially offered. The programme, however, will offer
a wide selection of elective courses for those wanting to do more
courses in a particular area.
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Which
electives are available to the participants?
Electives will depend on student interest and faculty supply. Our
effort will be to provide a wide range of electives, including on
marketing, finance, supply chain management, strategic management,
sectoral areas like financial services, infrastructure etc.
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What
degree is offered at the end of the programme?
On successful completion, participants will be given a Post Graduate
Diploma in Management. This may be considered equivalent to the
one-year management programmes offered by INSEAD (France), Indian
School of Business (India), Asian Institute of Management (Philippines),
University of Pittsburgh (USA), Cranfield (UK), etc.
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How
is the programme different from the existing two year Post Graduate
Programme (PGP) at IIMA?
The programme is aimed at experienced executives who wish to acquire
formal training in management. It has a general management focus,
with an emphasis on managing across borders and cultures. It has
an international immersion component besides teaching content drawn
from many countries. The goal is to prepare participants to be ready
to take leadership positions in the firms that they join.
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20. |
Would the programme enable participants to go for higher studies like Ph D?
As of now, we are unsure about this. Many international doctoral programmes look more for years of education along with a bachelors for admission. Some course waivers may depend on the masters degree. We would hope that our programme would be recognized as masters equivalent, just like the 2-year programme (which is also not a formal degree, but has got established as being a high quality post graduate education).
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What
is the international immersion segment?
International immersion is a five-week international project,
which exposes the participants to work practices in an environment
different from their “home culture.” It also helps them understand
the macro-economic underpinnings, strengths and weaknesses
of the host country from a business perspective. This international
immersion will prepare the participants to take on challenging
assignments anywhere in the new globalized world.
The design of international immersion segment encourages participants
to spend some time (about 20%) in a business school of the
host country (to get theoretical knowledge and perspectives
about the macro-economics of the country/region), and rest
of the time in the project assigned by the sponsor. It is
not an exchange programme, but a 'consulting' type of assignment
for the sponsoring company.
Please refer the ‘International Immersion’ section for more
details
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Will
placement services be
available?
Yes, to participants who are not sponsored by companies. Several
companies have already indicated strong interest. Our current two-year
PGP has an enviable placement record and we think that we will be
able to replicate that success on the one-year PGPX as well.
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My
age is significantly above the minimum required for PGPX. Will any
company show interest in hiring me after finishing the course?
Our attempt will be to customize placement for each individual.
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What
is the charge for the application form? How can I pay it?
It is free.
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What
is the schedule of the admission process for the course starting
in April 2006?
(a) The Application form is available
online.
(b) Last date for receipt of filled-in applications: June
30, 2005. Applications will also be
accepted through the IIMA website; you may if you desire, download
the application and mail
it to us.
(c) Intimation to shortlisted candidates: by August 15,2005
(d) Personal interviews or interviews through videoconferencing
: August-September 2005
(e) Intimation to selected candidates: by September 30, 2005
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What
are the documents required for application?
The application form specifies all the documents required. They
include: GMAT score, employment history, academic background, achievements
etc. While the application will seek information from these documents,
the photocopies/originals would need to be provided later in the
admission process.
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Will
an entrance test be conducted? If so, where and when?
IIMA will not conduct any entrance test. Applicants have to submit
their GMAT score (obtained not earlier than April 1, 2002, for those
applying in 2005 for an April 2006 start).
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Is
staying on the institute campus mandatory?
Yes, this is a fully residential programme. Accommodation will be
available for both single and married participants.
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What will be the nature of the accommodation?
Single Accommodation:
One room + bath (total built up area: 315
sq ft)
Each room will be fully furnished with air conditioner, television, refrigerator, telephone connection and internet facility. Each residential block will be provided with a washing machine.
Married Accommodation:
Two rooms + kitchen + bath (total built up area: 676 sq ft).
Both the rooms would be fully furnished. Bedroom will have an air conditioner. The house will have television, refrigerator, telephone connection and internet facility. Each residential block will be provided with a washing machine.
Common Facilities:
Vegetarian and non-vegetarian meals would be served in the dining hall.
Facilities for indoor/outdoor games and recreation activities are available. Games such as Badminton, Basketball, Cricket, Football (Soccer), Hockey, Table Tennis, Tennis and Volleyball are very popular among the student community. Fitness conscious students can work out in the gymnasium or go for a jog around the scenic campus. For those who prefer to stay indoors, there is Chess, Carom or Bridge.
Three doctors are in attendance at the dispensary on the campus. A Post Office and a full-fledged State Bank of India branch with ATM facility functions on the campus.
Network Connectivity:
High-speed servers, running on a variety of platforms to suit all kinds of requirements, support the entire network. The Institute's network is linked to the Internet via a dedicated leased line enabling round the clock Internet connectivity on the campus. Every classroom has a computer connected to this network that allows faculty to retrieve relevant information from their desktop or the central database. This connectivity helps both the students and the faculty considerably in their research and projects. Participants are expected to bring their own lap-tops.
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What
is the fee for the programme?
The programme fee is Rs 800,000 (approximately US$ 19,000) for a
single participant. This includes tuition, academic expenses like
programme material, library and network charges, room and board.
(Married participants staying in married accommodation would have
to pay the additional costs)
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What is the fee
payment mode?
Two payment modes are available:(International participants may
pay the equivalent in US Dollars at the prevailing rate of exchange)
Option A:
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On acceptance of offer,
towards a nonrefundable commitment fee
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October 2005
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Rs 50,000
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2
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At the start of the
programme, prior to term I
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April 2006
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Rs 7,50,000
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Option B: (Installment
basis, with interest charges)
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1
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On acceptance of
offer, towards a nonrefundable commitment fee
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October 2005
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Rs 50,000
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2
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At the start of the
programme, prior to term I
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April 2006
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Rs 2,00,000
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Prior to term II |
June 2006 |
Rs 2,00,000 |
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Prior to term III |
August 2006 |
Rs 2,00,000 |
| 5 |
Prior to term IV |
December 2006 |
Rs 2,00,000 |
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What
about bank loans to finance the programme?
The Institute has found several banks interested in offering loans
to those admitted to PGPX. International participants, apart from
their own banking sources, can approach bank branches of Indian
banks in their countries.
The details of loan schemes from banks are as follows:
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Bank of India |
State Bank of India |
HDFC Bank |
ICICI Bank |
Bank of Baroda |
Loan Amount |
Rs 7.50 lakh as education loan and Rs 2.50 lakh personal loan for family subsistence |
Rs 8.00 lakh |
Maximum of Rs 10.00 lakh |
Maximum of Rs 7.50 lakh |
Maximum of Rs. 8.00 lakh |
Margin |
Nil upto Rs 4.00 lakh;
5% for above Rs 4.00 lakh |
Nil upto Rs 4.00 lakh;
5% for above Rs 4.00 lakh |
Rs 50,000 to be paid upfront to IIMA |
Rs 50,000 |
15% |
Security |
No security upto Rs 4.00 lakh and third party guarantee beyond Rs 4.00 lakh for educational loans. Third party guarantee for personal loan. |
None. No co-borrower |
None |
Parent/Spouse to be taken as Co-applicant for stability |
None |
Interest |
8.75% pa for educational loan; 9% pa for personal loan, linked to PLR (floating rate) |
9.25% pa upto Rs. 4.00 lakh, 9.75% pa above Rs 4.00 lakh on floating rate basis |
11% p.a. EMI per lakh for 36 months @ 11% is Rs 3274 |
10% p.a. on reducing balance |
9.50% p.a. Additional concession of 1% may be considered based on regular repayment of interest during moratorium period. |
Moratorium Period |
Course duration + a maximum of 6 months. EMI would be worked out on the basis of simple interest charged during this period and the principal disbursed. |
Course duration + 6 month simple interest applied during moratorium period |
Course duration. During this period, the borrower would pay interest on monthly basis. |
Course duration + 1 month simple interest on monthly basis would be charged during this period and the borrower would have to pay on quarterly basis. |
Course duration + 3 months, or 1 month after getting new job or upon resuming the existing job, whichever is earlier. During this period, the borrower would pay interest. |
Repayment Period |
Maximum 5 years |
Flexible upto 7 years |
12 months to 48 months inclusive of moratorium period. No prepayment charges. |
5 years. If prepaid, prepayment charge would be 2% of principal outstanding |
Maximum 5 years after moratorium period |
Processing Charges |
Nil |
Nil |
Nil |
1% of loan amount payable upfront |
Not specified |
Contact Person |
Mr. A K Makim
Sr Manager (Marketing)
Bank of India, Bhadra
Ahmedabad - 380 001
T: 91-79-2535 6085
F: 91-79-2539 0354
Email: boigujad1@sancharnet.in
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Mr Sushanta K Das
Branch Manager,
State Bank of India
IIM Branch, Vastrapur Ahmedabad – 380 015
T: 91-79-2630 8003/2549
F: 91-79-2630 8348
Email: sa.02653@sbi.co.in |
Mr. Biju Pillai
Business Head - PL & LAS
The HDFC Bank Ltd
HDFC Bank House
Senapati Bapat Marg
Lower Parel
Mumbai – 400 013
T: 91-22-5652 1002/2496 0733
F: 91-22-2496 0737
Email: biju.pillai@hdfcbank.com |
Mr S Swaminathan
ICICI Bank Limited
6th Floor, South Tower-West Wing
Bandra-Kurla Complex
Mumbai - 400051
T: 91-22-2653 1414
F:91-22-2653 1167
Email: swaminathan.s@icicibank.com |
Mr V Sheshadri
Dy General Manager
Bank of Baroda
5 th Floor, Near Gandhi Bridge Ahmedabad
– 380 014
T: 91-79-2754 1093
F: 91-79-2754 4852
E-mail: zm.ngz@bankofbaroda.com
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Does
the programme offer scholarships?
As of now, there are none. But eventually, we will institute a few,
especially based on performance.
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Can
I know a little more about Ahmedabad?
Founded by Sultan Ahmad Shah in 1411 AD, Ahmedabad, in the state
of Gujarat, has grown into one of the most important modern cities
of India. Straddling the Sabarmati river, this prosperous city of
six million is a delight for archeologists, anthropologists, architects,
historians, sociologists, traders, bargain hunters, and plain tourists.
The mosques and mausoleums in the once
walled city blend Muslim and Hindu styles of architecture. The
Sidi Bashir mosque, with its ‘Jhulta minars’ (shaking minarets)
continues to amaze and puzzle casual visitors and serious scholars
alike. There are several stunning Hindu and Jain temples in and
around Ahmedabad. The step wells with their intricate carved stone
pillars are exquisite. At the 55-year old Calico Museum of Textiles,
one of the best textile museums in the world, one can see and
marvel at samples of the finest fabrics and weaving machines produced
in different parts of India since early 16th century.
Ahmedabad is a vibrant city of people who
work hard and play hard. During the Navratri celebrations (September-October),
for example, men and women in dazzling ethnic clothes dance through
the night for nine consecutive nights. The kite festival of mid-January
fills the skies with kites of all shapes. Arguably, no other city
in India can match the predominantly vegetarian Ahmedabad in the
number and variety of restaurants.
Mahatma Gandhi’s non-violent satyagraha,
which led to India’s Independence, was launched from this city.
Gandhi’s Ashram, Hruday Kunj, is still preserved on the bank of
the Sabarmati, and continues to attract and inspire visitors from
all parts of the globe.
Ahmedabad is well-connected by rail and
air to all the major cities in India. There are a large number
of extremely interesting places in the neighboring states of Rajasthan,
Maharashtra and Goa suitable for weekend visits from here.
One can go on day-excursions from here
to Akshardham (Swaminarayan Temple, Gandhinagar, 25km), the sun
temple (Modhera, 106 km), Nalsarovar (bird sanctuary that attracts
tens of thousands of migratory birds from cold countries, 70 km),
and Lothal (remnant of a 4500-year-old city). Within easy reach
is the Gir National Park, the only place in Asia you can encounter
the Asiatic lion in its natural habitat. The Little Rann of Kutchh
sanctuary (100 km) protects the only surviving population of Wild
Ass (the Equus Hominus Khur Species) in the world. Surat, the
heart of the diamond industry in India, is just five hours away
by road or rail.
Ahmedabad has a dry, sunny climate with
cooler temperatures between November and February. The average
maximum and minimum daily temperatures are as below:
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(Degree
Centigrade)
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Months
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Apr
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May
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Jun
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Jul
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Aug
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Sep
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Oct
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Nov
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Dec
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Jan
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Feb
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Mar
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Max
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39.9
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41.8
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38.4
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33.3
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31.9
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33.4
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35.8
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33.2
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29.8
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28.4
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37.3
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36.0
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Min
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23.4
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26.2
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27.0
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25.7
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24.8
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24.8
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20.9
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16.5
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13.0
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11.7
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13.8
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18.8
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Source: www.airportsindia.org.in
For a detailed account of the attractions
of Ahmedabad and Gujarat, please visit any of the following:
www.gujarattourism.com
www.gujaratindia.com
www.gujaratplus.com
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Can
I talk to someone at IIMA for further clarifications?
Please send an email to
with a contact telephone number.
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