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IIT Bombay MBA now open to 3-year graduates from all disciplines

IIT Bombay MBA now open to 3-year graduates from all disciplines

India Today2 days ago

IIT Bombay has revised its eligibility criteria for admission to the MBA programme for the academic year 2025-26. Until last year, only candidates with a four-year Bachelor's degree or a Master's degree in any discipline, along with a first-class score or a minimum CPI of 6.5 out of 10, were eligible to apply.With the new criteria, candidates with a three-year Bachelor's degree in any discipline are now also eligible, provided they meet the required academic performance.advertisementThis change from the Shailesh J Mehta School of Management (SJMSOM) at IIT Bombay marks a significant shift in the MBA admission policy of IIT Bombay, as it opens doors to a broader pool of students, especially from non-engineering backgrounds.
The upcoming MBA batch of 2025–27 is expected to see greater participation from students of diverse academic fields.REVISED IIT BOMBAY MBA ELIGIBILITY IN DETAILCandidates must hold a Bachelor's degree (three-year or four-year) in any discipline from a recognised university or institution, with at least 60% marks or a CPI of 6.5 out of 10.For candidates belonging to the SC, ST, or PwD categories, the minimum requirement is 55% marks or a CPI of 6.0. Final-year students or those awaiting their final results can also apply, provided they have achieved the required scores in exams held so far.advertisementAdditionally, all applicants must have a valid CAT score to be considered for admission.A STEP TOWARDS INCLUSIVE CLASSROOMSThe key reason behind this change is to bring in greater academic and gender diversity into the MBA programme. The nature of management education today requires the presence of varied perspectives in the classroom, particularly because real-world business problems rarely have a single correct answer.The case method used in management teaching thrives on contributions from students with different educational and professional experiences.This revision also addresses concerns raised by recruiters who regularly visit SJMSOM. Many companies have emphasised the need for more inclusive hiring and training environments.By widening the eligibility criteria, IIT Bombay is responding to this feedback and aligning itself with global best practices in management education.CHANGE IN LINE WITH NATIONAL TRENDThis revision brings IIT Bombay in line with other premier institutes such as the IIMs and other IITs that already accept candidates with three-year undergraduate degrees.Apart from creating more opportunities, the broader eligibility is expected to enrich classroom learning and help produce more well-rounded management graduates.Must Watch

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Wall Street Week Ahead: US stocks edge toward records with inflation data, policy progress in focus
Wall Street Week Ahead: US stocks edge toward records with inflation data, policy progress in focus

Time of India

time2 hours ago

  • Time of India

Wall Street Week Ahead: US stocks edge toward records with inflation data, policy progress in focus

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Wall Street Week Ahead: US stocks edge toward records with inflation data, policy progress in focus
Wall Street Week Ahead: US stocks edge toward records with inflation data, policy progress in focus

Economic Times

time2 hours ago

  • Economic Times

Wall Street Week Ahead: US stocks edge toward records with inflation data, policy progress in focus

Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel The U.S. stock rebound has driven key indexes to the cusp of record levels, with fresh economic data and trade and fiscal policy developments set to test whether equities will get an extra push higher in the near term.A monthly U.S. inflation report headlines the events for markets in the coming week. Equities have bounced back from a steep fall in April, sparked by concerns about the economic fallout from President Donald Trump's tariff hit a speed bump on Thursday as a public rift between Trump and Tesla chief Elon Musk sent shares of the electric vehicle maker down 14%.The benchmark S&P 500 ended on Thursday just over 3% off its record closing high from February. It closed down 0.5% on the day as Tesla's tumble offset news of progress in tariff talks between Trump and Chinese President Xi Jinping. "I'd still say it's a cautious tone" in the market, said Jim Baird, chief investment officer with Plante Moran Financial Advisors. Despite a "recovery off the lows, I still think it's a market that is looking for greater clarity."Some uncertainty stems from how the U.S. economy is weathering the shifting trade backdrop. Trump has eased back on some of the harshest tariffs since his April 2 "Liberation Day" announcement sent stocks tumbling, but investors are waiting to see how other levies may be rippling through the consumer price index report for May, due on Wednesday, could give insight into the tariff impact at a time investors are wary of any flare-ups in inflation."Consumers are feeling the impact of higher prices and if there are indications that near-term inflation could re-accelerate, that is going to put further pressure on discretionary spending and ultimately could lead to a more pronounced slowdown in growth," Baird said. The CPI report will be one of the last key pieces of data before the Federal Reserve 's June 17-18 U.S. central bank is widely expected to hold interest rates steady at that meeting, but traders are pricing in about two 25-basis point cuts by the end of the year."If we see inflationary data that defies what people are concerned about based on this tariff talk and it comes in cooler, then that could also be a catalyst to at least test those old highs," said Jay Woods, chief global strategist at Freedom Capital Markets. For the year, the S&P 500 is up about 1%. But the index has stormed back over 19% since April 8, at the depth of the stock market's plunge on concerns over the tariff also are grappling with uncertainty over a sweeping tax-cut and spending bill under review in the U.S. Senate. Wall Street is monitoring how much the legislation could stimulate economic growth , but also inflate the country's debt burden as widening fiscal deficits have become a central concern for markets in recent weeks."As debt increases, it has a greater negative impact on growth," said Kristina Hooper, chief market strategist at Man Group. The legislation also appeared to be the source of a severe rift between Trump and Musk, who had been his strong ally. Musk called the bill at the heart of Trump's agenda a "disgusting abomination," while Trump said he was "disappointed" by the billionaire's public talks also remain at the forefront of markets, with a 90-day pause on a wide array of Trump's tariffs set to end on July 8. "When it comes to policy from Washington, D.C., there are still big question marks," said Bob Doll, chief investment office at Crossmark Global Investments.

Three-Month Runway Closure At IGI May Impact 200 Flights Daily
Three-Month Runway Closure At IGI May Impact 200 Flights Daily

Time of India

time6 hours ago

  • Time of India

Three-Month Runway Closure At IGI May Impact 200 Flights Daily

New Delhi: Flight operations will be impacted at Indira Gandhi International Airport when runway 10/28 is closed from June 15 to Sept 15 for upgradation. However, airport operator Delhi International Airport Limited clarified that only around 200 flights could be impacted daily. It has coordinated with airlines to reschedule 86 flights every day after cancelling 114 daily arrivals or departures during the period. DIAL CEO Videh Kumar Jaipuriar said on Friday that the upgradation work was likely to take around three months but would eventually benefit flyers in the fog season when visibility is reduced considerably. The runway is being closed to make it CAT-IIIB compliant to facilitate operations during dense fog in Delhi's winter. It was first closed for upgrades in April and May, but caused delays of hundreds of daily flights. Worsened by prevalence of easterly winds, which lowered the hourly landing capacity from 42 to 32 flights per hour, the runway had to be reopened to facilitate peak season flights. Delhi airport operates with four runways: 27/9, 10/28, 29R/11L and 29L/11R. DIAL said when runway 10/28 remains closed, runway 29R/11L will handle departures, 29L/11R will manage arrivals and runway 27/9 will serve both arriving and departing flights. During westerly winds, the three remaining runways can accommodate 42 arrivals and 42 departures per hour. However, when easterly winds prevail, the departure capacity remains at 42 per hour while the arrival capacity reduces to 32 per hour. Jaipuriar said Delhi airport handled around 1,450 flights daily, of which around 7.5% could be cancelled in the affected period. Normally, the airport sees an average of 3.5% cancellations. "It is just a little bit more than the normal average. It will not significantly disrupt the operations," Jaipuriar said. He said after consultation with all stakeholders, more flights have been shifted from peak hours to non-peak hours. "The difference is that the last time, we did not reschedule the flights, and there were delays due to the cascading effect," said Jaipuriar. DIAL earlier said that during peak fog season, only 15 flights landed every hour on the only CAT-3B compliant runway, but this upgradation work would double that number. DIAL said flights from big airports wouldn't face a major impact. For instance, the number of arrivals from Mumbai would only reduce from 56 to 54 per day and from Bengaluru, 38 to 36 daily. "The same flights that arrive at an airport fly back. Hence the same number of departures are impacted," Jaipuriar explained. Jaipuriar revealed that every hour of fog disruption took over three subsequent hours for operations to become normal because of safety issues because the space between two flights had to be maintained at a specific level. Get the latest lifestyle updates on Times of India, along with Eid wishes , messages , and quotes !

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