Business Today 14-Nov-21

One of the sectors that the Covid-19 pandemic has impacted severely is education. With colleges and schools shut owing to prolonged lockdowns, teaching had to move online to cope with the crisis. However, online education is just one of the interesting trends we see when it comes to management education. As Business Today brings to you the 2021 edition of the BT-MDRA Best B-schools ranking, the definitive listing of the country’s best business schools, there are quite a few new trends being witnessed. The most visible one is the accent on deep tech, where the best B-schools are focussing on artificial intelligence (AI) and machine learning (ML) to arm their students for the future. As data becomes all-pervasive, being proficient in AI and ML has become imperative for management students…

Salaries offered to students at top a-schools have risen steadily over the years … Mean average annual domestic salary offered to students at top B-schools (in ₹ lakh) … And so have the course faas charged by the institutes Average course fees (tuition fee + other fees) at the top 100 B-schools (in ₹ lakh) Average number of students who opted to join the family business in 2021 GOVERNMENT INSTITUTES 2.4 PRIVATE INSTITUTES 5.9 Note: Among the top 100 B-schools. Numbers are average students per school of the batch that passed out in 2021 Percentage of B-schools that had overseas exchange programmes for students in the academic year TOP 25 B-SCHOOLS Narrowing gap between course fees at government institutes and private ones Average course fees at top 100 B-schools over…

↘ Hiring activity in India has been on an upswing, with September 2021 seeing a 57 per cent year-on-year (y-o-y) growth, says the Naukri JobSpeak report. ↘ With 2,753 job postings in September, the index hit an alltime high, surpassing pre-pandemic levels of September 2019 by 21 per cent. ↘ Hiring went up across all experience bands, with the demand for professionals in the 8-12 years bracket showing an increase of 75 per cent, followed by 4-7 years (65 per cent), 13-16 years (57 per cent), 0-3 years (54 per cent) and above 16 years (38 per cent), the report says. HIRING GROWTH IN SEPT (Y-o-Y) 138% IT-software/software services 82% Hospitality 70% Retail 53% Education 43% Banking/financial services 37% Telecom SOURCE: Naukri JobSpeak September 2021…

Nifty outperformed its global peers as the index gained about 22 percent year-to-date as against France's CAC 40, which gained 21.75 percent, and US Nasdaq, which was up nearly 19 percent. The benchmark index Sensex has gained about 20 percent, or 9,500 points, in just the last eight months. On August 31, 2021, the total market-capitalisation of BSE-listed companies crossed Rs 250 lakh crore for the first time. Foreign institutional investors seem bullish on Indian equities as they have been net buyers to the tune of over Rs 51,000 crore so far this year. In 5 out of 8 months this year, FIIS were net buyers Among the sectoral indices, the BSE Metal index has outperformed with a strong surge of about 75 percent in 2021 so far. BSE Auto…

LAST YEAR, AT THE HEIGHT of the pandemic, Nisaba Godrej took over as Managing Director of Godrej Consumer Products Limited (GCPL). Having steered the group flagship through the turmoil, she recently handed over the CEO’s chair to HUL veteran Sudhir Sitapati, remaining in the role of Executive Chairperson. In a candid chat with Udayan Mukherjee, she talks about the trajectory of Godrej Consumer and her own life, the mistakes and learnings along the way, and what the name Godrej means to her. Edited excerpts: UM: Nisa, you relinquished executive charge as CEO earlier this year, but a fact which is not very well known is that apparently you had made quite a habit of frequently tendering resignations to your dad Adi Godrej earlier in your career. Of course, none of…

SUPPLY CREATES ITS own demand. This law of markets by French economist Jean-Baptiste Say might partly sum up e-commerce festive sales this season. With top e-commerce companies such as Amazon, Flipkart and Snapdeal steadily making inroads into Tier III regions and beyond, small cities and towns including Alwar (Rajasthan), Anantapur (Andhra Pradesh), Visakhapatnam (Andhra Pradesh), Silchar (Assam), Patna (Bihar) and Tinsukia (Assam), drove online sales during the festive month (October) this year. While the online shopper base expanded by 20 per cent this year, estimates suggest that Tier II and beyond cities accounted for more than 60 per cent of online orders. Doubling of orders from smaller cities vis-à-vis last year also signals a broad-based economic recovery post the pandemic, with significant increase in income and employment levels reported by…