Author: Biz India

KMAT To Be Held on Jul 22nd in 14 Cities in Karnataka

The application process for the Karnataka Management Aptitude Test (KMAT) has begun. KMAT 2012, the Master of Business Administration (MBA) entrance exam for the state of Karnataka, conducted by the Karnataka Post Graduate Colleges Association (KPPGCA) will be held on Sunday, July 22, 2012. Students aiming to pursue MBA from a top business schools in Karnataka, but have not got a call through their scores on the national level exams, going for the KMAT 2012 exam can get the much needed breakthrough. This is the relevant schedule for the KMAT 12 program: Activity Schedule Availability of online & physical application forms Thursday, April 26, 2012 Last date to apply Thursday, July 12, 2012 KMAT 2012 Exam Sunday, July 22, 2012 Declaration of KMAT 2012 Result Wednesday, August 8, 2012 Application Process There are two modes of application for KMAT: physical application and online application. For the physical application, forms need to be procured from the participating institutes. For the  online application,  visit www.kmatindia.com. The application fee for MBA or MCA is Rs. 500 (about $10) and to apply for both, the fee is Rs. 600 or  about $12.   Participating B-schools There are 157 B-schools which will accept the scores of KMAT 2012 scores. Some of the noted B-schools include Acharya Institute of Management Science, Alliance Business Academy, Bangalore Institute of Management Studies, Garden City College of Science &...

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About 32,000 Students To Take Management Aptitude Test

The All-India Management Association (AIMA) has announced that it is ready to host the second Management Aptitude Test (MAT) – which is held in two formats, paper pencil based and computer based – on Sunday, May 6, 2012 and on Saturday, May 12, 2012 across 83 test centers. The May 2012 MAT will be taken by some 32,000 candidates. In an exclusive conversation with MBAUniverse.com, a spokesperson from AIMA mentioned, “We have received around 32, 000 applications for May 2012 exam. For the December 11 MAT, we had got 56, 000 registrations.” Admit Card The application sale of the admission forms was over on Saturday, April 14, 2012. The last date to submit the filled-up application forms was Tuesday, April 17, 2012. The download of the Admit Card has also started from Saturday, April 28, 2012 onwards. Candidates who have not downloaded the Admit Card must do so in a timely manner. Without the Admit Card, they will not be able to take the exam. In order to download the Admit Card, click on the following link: www.aima-ind.org/mat_centre.aspx MAT Exam Pattern The duration of the exam is two and a half hours. There are four sections, Language Comprehension; Mathematical Skills, Data Analysis and Sufficiency; Intelligence and Critical Reasoning; and Indian and Global Environment. Scores given are on the basis of the first four sections. The general difficulty level remains...

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Now, U.S. Government Says Your Social Security and Medicare Will Run Out of Money Sooner

By Nilus Mattive May 01, 2012 – In February, I explained why the Middle Class Tax relief and Job Creation Act of 2010 simply compounded Social Security’s big-picture problems. And now just two months later the program’s Trustees have released their latest annual report. The conclusion in a nutshell? Surprise, surprise: “The Social Security outlook has worsened significantly relative to last year’s report.” Let me elaborate on that a bit … Last year the Trustees were saying the program’s trust funds would run out in 2036, causing a 25 percent reduction in payments from that point forward. Now the number in the 2012 report is predicting exhaustion three years sooner than that — which continues the pattern of consistently walking down these estimates year after year. That’s partly because the underlying math is problematic due to long-term forces and false assumptions — including life expectancies, demographics, and the fact that the Trustees are now calling for lower wage growth going forward. But again, it’s also because lawmakers are making things worse not better! Just look at revenues going into the program: In 2011, inflows were $148 billion less than outflows and administrative costs, with $103 billion of that attributable to the aforementioned payroll tax cut … And for 2012, the Trustees see an even bigger annual shortfall of $165 billion … with $112 billion of that from the extension...

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Book Review: Health Reform Maze – Blueprint for Physician Practices

Author: Richard L. Reece Publisher:  Greenbranch Publishing –  290 pages Book Review by: Nano Khilnani Although this book is on a very serious subject that causes much financial pain to millions of companies, families and individuals, the author injects humor into it at many places to help readers enjoy it. The cover itself makes you chuckle. It depicts a complex, colorful, detailed drawing of a maze with large, medium and small circles, different sizes of squares in different colors, and various sizes and colors of rectangles as well. There is a cross, a hexagon, a triangle, and even a seven-sided star. All the shaped objects have labels on it, perhaps names of government agencies or titles of government bureaucrats and functionaries. Amidst this distressing maze are lines drawn within, signifying random relationships among the entities involved. The most laughable characteristic of this maze representing the “Obama Care” system created by the health care bill passed by our Congress a few years ago is that while there a large entrance to “Your New Health Care System,” there is no exit from it! The author of this book – Richard L. Reece, MD – has written 11 books on the U.S. health care system. He comments on patient concerns, physicians’ mindsets and our culture on the one hand, versus the complexities of the health care arena in America today, with the...

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Book Review: India – The Definitive History

Author: D.R. SarDesai Publisher: Westview – A Member of the Perseus Books Group – 486 pages Book Review by:  Paiso Jamakar India is the world’s largest democracy, whereas the United States is known to be the world’s oldest. There live in India today roughly 1.2 billion people, comprising about one-sixth of the planet’s 7 billion inhabitants, living on about 1.2 million square miles of land. It is next only to China in population size. Measured by purchasing power parity, India’s gross domestic product of $1.846 trillion in 2011 was third largest in the world. India has 29 states and six territories in its political union. Roughly 72 percent of Indians live in villages, which number over 500,000, and are dependent on agriculture for their living. About 285 million people live in cities and towns. This number is over nine-tenths of the current U.S. population of 313 million. This book is not just a history of India – although quite comprehensive in coverage of that subject – from one scholar’s point of view. Nor is it just a chronology of events like most other books on Indian history. It is much more. This work by the award-winning author D.R. SarDesai of the University of California at Los Angeles describes India’s present-day economics and politics, its climate and geography, its population and languages, its food and fashion, its religious background and...

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