Wish You All A Very Happy and Prosperous New Year

We have seen lots of ups and downs in the past two months. It was a mix of joyous moments and few incidents which tried to pull us back. As Ajit Rangnekar rightly said “We at the ISB have never let others decide our destiny. I invite each of you to come together to create our own destiny”. We stand united and come what may, face the challenges united.

As all of you must be aware Professor M R Rao has resigned as the Dean of ISB with effect from January 8, 2009. We are in the process of a Dean search that will now be accelerated and, in the interim, Deputy Dean Ajit Rangnekar will hold charge as Dean of ISB.

Professor Rao has made enormous contributions to the ISB over the years and we will always be proud of achieving the Financial Times Top 20 ranking under his leadership. He has led the School through a critical period in its history growing our faculty pool and our research base significantly. However, given his personal proximity to the unfortunate controversy at Satyam Computers, he has taken the decision to step down as Dean to protect the reputation of the ISB in yet another example of his selfless commitment to building some of India’s leading management institutions like IIM Bangalore and ISB.

Placements@ ISB

While the placement performance of the ISB has been phenomenal these last few years, there are major challenges ahead for the 440 strong Class of 2009. The meltdown in the financial sector and the slowdown in all major economies had their impact on the placement prospects this year. As a result of the relationships that have been built over the past years, most companies that have recruited in the past are continuing to recruit this year as well, but we do anticipate that the numbers that they recruit will go down significantly. As a strategy we have broadbased the number of companies targeted, with the result that a number of new companies will be seen on campus during placement this year.

It is in times like these that alumni of the School should come forward to help out in the placement process. Do reach out to your contacts in companies and keep CAS informed of these contacts so that the placement for the Class of 2009 is as good as, if not better than, previous years. The placement interviews began on January 17, 2009 and interviews will be held on each weekend till February 1st. Each weekend will constitute a placement day. Subsequently there will be the regular placement week starting on February 14th. As has been the case in the past, the rolling placements process will be followed for students not placed at the end of the placement week.

Alumni Achievements

Prashant Trivedi (CO 2004) along with a couple of friends has started MBAchase on November 20, 2008.. They provide services for GMAT Preparation and Admissions Consulting. Have a look at the website “www.mbachase.com” and spread the word among your friends / acquaintances who are planning to take GMAT or are applying for business schools.

CO 2004 Chaitanya Sagar’s  article was published in Small Biz Trends, the #1 small business blog in the US. This blog boasts of more than 235K RSS subscribers. Check out the article - "Delegate or outsource - if you want your business to grow" and give your suggestions and comments on it

Vivek Pahwa (CO 2006), has been named as Asia's Best Entrepreneur, in a recent poll conducted by Business Week.
Read on for what he had to say at an interaction:
http://www.isb.edu/media/UsrSiteNewsMgmt.aspx?topicid=480

ISBAA

Manasa, the first employee of the ISBAA , has been hired as an Alumni Relations Officer on December 2, 2008. She will be reporting to the ISBAA Chairperson Prashant Dhawan and will be co-ordinating the Associations’ activities and initiatives.