Mumbai University Hits A New Low 50% of financial accounting question paper flawed

Mumbai University Hits A New Low  50% of financial accounting question paper flawed

Mumbai University Hits A New Low: No Respite From Paper Goof-Ups, Exam Confusion


The University of Mumbai’s series of goof-ups this exam season appears to have only intensified. On Tuesday, more than 10,000 students of B.Com Accounts and Finance (BAF) were stumped by the error ridden 60-mark Financial Accounting Paper-VIII.While the university got the errors rectified within 30-45 minutes, students from at least one centre said a 15-mark error was left uncorrected till the end. These students are now worried about failing the crucial paper.
After spending more than 20 minutes on the first question in the paper, students realized that the given details could be incorrect. Their fears were not unfounded. After the university received a complaint from one of the centres, it sent a corrected version of the paper to all the 31 centres where thousands were taking the exam. There were around three errors in the question paper of 60 marks.

While one in the first question of 15 marks was glaring, the other two minor errors were in a fill in the blanks question for 1 mark and in another 15-mark question.

At least five students who had their exam centre at G G College in Vasai said the figure given against the term share capital was Rs 20 lakh in the question paper, whereas the correct figure was Rs 16 lakh. With the figure given in the question paper, we were unable to arrive at a tally, said a student. When we informed the supervisor about the error, the university sent a corrected question set. However, even the corrected version did not rectify the error in the first 15-mark question.The college official mentioned only the other two errors, which were minor, added the student.College officials could not be reached.

In most other centres, all the questions were corrected. Several students, though, said the centre authorities did not give them any extra time to solve the paper. We spent over 15 minutes trying to get the right answer with the wrong question. We were entitled to extra time, said a student from another college.

Commerce dean Madhu Nair said the university will take stringent action against the papersetter. This is an example of utter negligence and the university will take stringent action against the ones who are responsible for these errors. Students who have attempted the question and were not informed about the error need not worry.If the claims are true, the board of examinations can take a decision to compensate for lost marks. Students will not be at a loss, said Nair. The controller of examination informed all the 31 centres within 15-20 minutes of the call from the centre, said Nair.

Source: TOI

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CAT 2013: Common Admission Test from Oct 16 to Nov 11

CAT to be held from Oct 16 to Nov 11 

The Common Admission Test (CAT) 2013 for Indian Institutes of Management (IIMs) and other business schools will be conducted from October 16 to November 11.Students can choose any slot during the period.

This year, four new locations, Surat, Udaipur, Trivandrum and Vijayawada, have been added to the existing 36.Prometric India will conduct the exams on behalf of the IIMs andIIM-Indore will organize the tests. Convenor of CAT this year Rohit Kapoor said the paper would be divided in two sections as usual.
CAT vouchers would be available at selected Axis Bank branches from July 29 to September 24 and the registration window would be open from July 29 to September 26,said Kapoor.

CAT 2013
CAT 2013 Important Dates
CAT 2013 How to Apply
CAT 2013 Exam Centre
CAT 2013 Details 

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Oracle Corporation hiring Business Analyst (Hyderabad)

Oracle Corporation hiring Business Analyst (Hyderabad)

Job Summary:
Job : Business Analyst
Location: Hyderabad
Qualification: Graduate  

The candidate should be any degree holder from any recognized university.
The candidates with 0-2 years of experience and good communication skills can apply. Freshers can also apply.

Should possess good written and Verbal Communication skills.
Understand customer organization, be able to assess the Functional needs and poses
Must possess Customer management and Programs Management skills while Work with customer internal teams and Service Delivery teams.
Should be innovative in developing Business Intelligence Reports.
Should be Results Orientated while Working Globally.

Apply Here:

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Central Bank of India Specialist Officer Recruitment 2013

Central Bank of India Specialist Officer Recruitment 2013

Research Analyst, Architects, Civil Engineers and Electrical Engineers in Specialist Category Officers in various Scales. Eligible candidates can apply through online mode from 26-04-2013 to 11-05-2013.

Name of the post:
1. Dealers – MMG Scale III: 10 Posts
2. Research Analyst – MMG Scale III: 02 Posts
3. Architects-MMG Scale II: 15 Posts
4. Civil Engineers – MMG Scale II: 08 Posts
5. Electrical Engineers – MMG Scale II: 02 Posts

Qualification:
Candidates must possess MBA Finance for Post 1, MA Economics or MBA in finance for post 2, B.Arch. (Architecture) for Post 3, B.E./ B.Tech (Civil Engineering) for post 4, B.E./ B.Tech (Electrical Engineering) for post 5 from any recognized Institute.

Selection Procedure:
Candidates will be selected on the basis of their performance in Written Test and/or Group Discussions, Interview.

How to Apply:
Candidates are required to apply on line through website www.centralbankofindia.co.in.No other means /mode of applications will be accepted. Application link from website will be open from 26.04.2013 to 11.05.2013.

Important Dates:
Opening Date for Online Registration: 26-04-2013
Last Date for Online Registration: 11-05-2013
Date of making payments of Application fee: 26-04-2013 to 11-05-2013
Last Date for Edit: 11-05-2013
Last Date for Reprint: 26-05-2013
Date of Written Exam: 23-06-2013

Click Here for more details:

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The Indian Law Institute LL.M and PG Diploma Courses admission 2013-14

The Indian Law Institute invites application for following LL.M and PG Diploma courses for academic year 2013-14

1. LL.M – (One Year Degree Program)
Eligibility: LL.B Degree with not less than 50% marks in from a recognized university.

2. LL.M. (Two Year Degree program)
3. Post Graduate Diploma in Specialized branches of

·         Alternative dispute Resolution

·         Corporate Law and Management

·         Cyber Law

·         Intellectual Property Rights Law

·         Labour Law

·         Tax Law

Eligibility:
Graduate from recognized university
For Labour Law: Law  degree or MA in Social Science

Selection Procedure:
Selection is based on entrance test

Important Dates:
LL.M – (One Year Degree Program): Last Date 31.05.2013
LL.M. (Two Year Degree program) & Post Graduate Diploma : Last date : 01.07.2013

Contact
THE INDIAN LAW INSTITUTE
(Deemed University)
Bhagwan Dass Road, New Delhi – 110 001
Web: http://www.ili.ac.in/

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Deloitte UI developer Recruitment (Hyderabad) May 2013

Deloitte UI developer Recruitment (Hyderabad) May 2013

Job Summary
Job Post: UI developer
Education: B.E./B.Tech/MCA/MBA/MS
Location: Hyderabad, Andhra Pradesh

Job Details

Education: B.E./B.Tech/MCA/MBA/MS
Location: Hyderabad, Andhra Pradesh

The key skills required are as follows:

·    Good experience in HTML, Ajax, Jquery.

·    Good experience in HTML 5 is preferred.

·    Should have good hand on experience with Core JavaScript.

Job responsibilities
·    Understand functional requirements and should be able to develop technical design using standard patterns and be able to communicate the same effectively to the team members.

·    Should have very good technical problem solving skills.

·    Analyze and identify gaps in functional/business requirement and should be able to effectively communicate with both Business and Functional analysts on the same.

·    Should be able to assess the impacts on technical design because of the changes in functional requirements.

·    Should be able to perform independent code reviews and execute unit tests on modules developed by self and other junior team members on the project.

Apply Here

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Tech Mahindra & Mahindra Satyam Off-Campus Recruitment Drive 2013

Tech Mahindra & Mahindra Satyam Off-Campus Recruitment Drive 2013

 Date: 18-05-2013

Selection Procedure:

Aptitude test followed by Technical and HR evaluation and announcement of results with each stage acting as a filter.

On selection, candidates would get assigned to either of the companies as per the business need.

Eligibility criteria: -

B.Sc / BCS / BCA stream candidates passing out in 2013.

Min 60% aggregate in each of the courses completed prior to joining B.Sc / BCS/ BCA , 10th Standard onwards.

Branches – Physics, Chemistry, Mathematics, Computer Science, Information Technology, Electronics, Statistics, Computer Application.

Gap - Max 1 year gap permissible in the entire academic career and that too only between any two courses.

No loss of year due to failure to pass any exam.

4 year MS programme through BITS Pilani is being offered to interested candidates (applicable to candidates with Min.60% + at X , XII , Graduation only).

For MoreDetails

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General Knowledge Series 1

1. Right to freedom is guaranteed by ……..?
[A] Article 17
[B] Article 18
[C] Article 19
[D] Article 20

2. Who has authored the book “My Life”?
[A] P.C. Alexander
[B] Bill Clinton
[C] Khushwant Singh
[D] K.R. Narayanan

3. The First Railway in India was started during the period of ……..
[A] Lord Dalhousie
[B] Lord Hastings
[C] Lord Cornwallis
[D] Lord Canning



4. What important event of world history is associated with the year 1789?
[A] American Declaration of Independence
[B] French Revolution
[C] Battle of Trafalgar
[D] Battle of waterloo

5 The Book ‘Envisioning an Empowered Nation’ has been written by ….
[A] Sanjiva Reddy
[B] Balram Jakhar
[C] Dr. A.P.J. Abdul Kalam
[D] P.A. Sangma


6. Indian Standard time is in advance of the Greenwich Mean Time exactly by …
[A] Three hours
[B] Five and half hours
[C] Seven hours
[D] Eight and half hours


7. The idea of a separate independent Muslim state in India was first voiced by …
[A] Mohammad Iqbal
[B] Rahmat Ali
[C] Mohammad Ali Jinnah
[D] Sir Syed Ahmad Khan


8. Which of the following is the largest alternative source of energy?
[A] Atomic Energy
[B] Tidal Energy
[C] Geo-thermal Energy
[D] Solar Energy


9. The Strait of Hormuz is an important route for international traffic between …..
[A] The Persian Gulf and the Gulf of Oman
[B] The Indian Ocean and the Pacific Ocean
[C] The Atlantic Ocean and the Mediterranean Sea
[D] None of the above


10. Name the Person who demarcated the boundary line between India and Pakistan?
[A] Lord Radcliffe
[B Lord Mountbatten
[C] Lord Attlee
[D] Stafford Cripps

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Syntel hiring Fresher BCA / BSC

Syntel, are hiring for Fresher BCA / BSC who have passed out in the year 2011, 2012 & 2013.

Education:

Any BCA / BSC (Full Time Only)

Any Diploma (Full Time Only) 10 + 3 / 12 + 3 are eligible

Year of Passing: 2011 / 2012 / 2013

Eligibility Criteria:

Student should have a minimum of 55% in their 10th, 12th & BCA / BSC

Backlog: There should not be any current backlogs

Breaks: A maximum of 1 year break is allowed.

Apply Here:

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Royal Sundaram Alliance Insurance Company Limited Walk in drive for Associate (Chennai) from 29th April to 3rd May 2013

Job Summary:

Company: Royal Sundaram Alliance Insurance Company Limited
Website: www.royalsundaram.in
Qualification: Any Graduate/Post Graduate
Location: Chennai
Job: Associate/ Senior Associate (Non-Technical)

Walk in Interview: 29th April to 3rd May 2013

Job Description:
Respond customer Calls / mails with their specific queries.

Build customer's interest in the services and products offered by the company

Provide personalized customer service of the highest level

Update the existing databases with changes and the status of each customer/ prospective customer

Liaising with other departments for resolving customer queries/ complaints and requests

Ability to manage difficult customer situations, to respond promptly to the needs of the customer, solicit feedback to improve service, respond to requests for service/ assistance

Effective closure of the cases

To handle calls/ complaints as per defined process and SLAs

Any other day-to-day tasks as assigned by the Reporting Manager

Desired Candidate Profile  

Ideal Profile Experienced professional with 2+ years experience at a Call Centre for both Voice & Non-Voice process (Fresher are also welcome).

Basic computer knowledge/ technological skills

Good Oral & Written communication skills

Languages - Hindi, English & Tamil

Ability to comprehend, capture as well as interpret basic customer information

Dependability; to follow instructions as well as take responsibility for their actions and also keep commitments

Analyze the various parts of a problem properly and develop logical solutions

Royal Sundaram Alliance Insurance Company Limited
No.1. Club House Road,
Chennai, Tamil Nadu - 600002
 

Royal Sundaram Alliance Insurance Company Limited takes pride to be the first private sector general insurance company in India to be licensed since 2001, Since then we have been at the forefront of providing innovative general insurance solutions to individuals, families and businesses. We offer Motor, Health, Personal Accident, Home and Travel Insurance to individual customers. We also have a wide specialised insurance offerings in Fire, Marine, Engineering, Liability and Business Interruption risks to the commercial customers. Royal Sundaram also offers specially designed products to the Small and Medium enterprises and Rural customers.

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Jamia Millia Islamia New Delhi, Centre for Early Childhood Development and Research (CECDR), M.A. in Early Childhood Development Admission 2013-14

Jamia Millia Islamia New Delhi, Centre for Early Childhood Development and Research (CECDR), M.A. in Early Childhood Development Admission 2013-14

 


Jamia Millia Islamia New Delhi, Centre for Early Childhood Development and Research (CECDR) invites application for  M.A. in Early Childhood Development

Eligibility:
55% in any Bachelor Degree or 50% marks in Bachelor degree in Child Development, Home Science, Psychology & Social Work.

Admission Procedure:
Written Test and Interview

Last Date of Application:
08th May 2013

For more details: www.jmi.ac.in

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BUREAU OF INDIAN STANDARDS various Job vacancies 2013

BUREAU OF INDIAN STANDARDS various Job vacancies 2013

Bureau of Indian Standards (BIS), statutory body under the administrative control of Govt. of India, INVITES applications for recruitment to the various posts, as per the details given below:

 POST

Pay Scale





Age Limit

IMPORTANT DATES:
Opening Date for On-Line Registration of Applications	27-APRIL-2013 (08.00 hrs.)
Last date for completion of Step-1 of on-line registration	17-MAY-2013 (23.59 hrs.)
Last date for depositing examination fee at State Bank of India	21-MAY-2013 (Closing Hour of Business)
Last date for completion of Step-2 of on-line registration	24-MAY-2013 (23.59 hrs.)

For More Details Click Here

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Schedule of activities for MAH-AR-CAT for the year 2013-14 | MAH-AR-CAT Admission Notification 2013| MAH Architecture Admission Examination 2013 | MAH-AR-CAT Important Dates 2013 | MAH-AR-CAT2013 Schedules | Schedule of activities for MAH-AR-CAT for the year 2013-14 |

Schedule of activities for MAH-AR-CAT for the year 2013-14 | MAH-AR-CAT Admission Notification 2013| MAH Architecture Admission Examination 2013 | MAH-AR-CAT Important Dates 2013 | MAH-AR-CAT2013 Schedules | Schedule of activities for MAH-AR-CAT for the year 2013-14 |

S.No	Activity	First Date	Last Date
1	Sale of Information Brochure along with Application Kit for all candidates at the designated ARC’s.	25/04/2013	02/05/2013
2	Submission and Confirmation of Online Application Form and receipt of Hall Ticket for MAH-AR-CAT 2013 through the website www.dte.org.in/arch2013 by all candidates.   Maharashtra candidates shall fill single online application for MAH-AR-CAT 2013 and All India Seats.   OMS candidates aspiring to claim admission against All India Seats shall submit and confirm the online application form.
3	Late Submission & Confirmation of application form at "Government Institute of Printing Technology, J.J. School Of Architecture Compound, Near CST Station, Mumbai, 400001" by paying Additional Late Fees of Rs. 500/- in cash.	3rd May 2013 upto 5.00 PM
4	Date & Timing of MAH-AR-CAT 2013.	Sunday, May 19, 2013 at 2.00 PM
5	Declaration of result of MAH-AR-CAT 2013.	27/05/2013 at 5.00 PM

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National Institute Of Technology Jamshedpur Ph.D and M.Tech Admission 2013-14

National Institute Of Technology Jamshedpur Ph.D and M.Tech Admission 2013-14

National Institute Of Technology Jamshedpur   invites Applications for admission in the following academic programmes for the autumn semester of session 2013-14

Ph.D.: Full Time / Sponsored in disciplines of Civil Engineering, Electrical and Electronics Engineering, Electronics and Communication Engineering, Mechanical Engineering, Metallurgical & Materials Engineering, Manufacturing Engineering, Chemistry, Computer Applications, Mathematics and Physics. Scholarship to eligible full-time candidates is admissible as per Institute rules.

M. Tech.: Full Time in Structural Engineering, Geo-Technical Engineering, Power  System, VLSI Design & Embedded System, Computer Integrated Design & Manufacturing, Thermal & Fluid Engineering, Iron & Steel Technology, Foundry Technology, Industrial & Management Engineering, Surface Science & Engineering.

M. Tech. admission would be through CCMT-2013 (www.ccmt.in)

For more Details :
NATIONAL INSTITUTE OF TECHNOLOGY
JAMSHEDPUR - 831014, JHARKHAND
www.nitjsr.ac.in. 

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SY BCom students get three new options to choose from

SY BCom students get three new options to choose from


Thousands of second-year commerce students will have many more options to pick from.While the university is revising the curriculum for the upcoming academic year,it is also adding three new optional subjects like retail,insurance and entrepreneurial management.

First-year commerce students have to study for all the seven compulsory papers.In the second year,the university allows students to pick one subjects they would like to specialize in,apart from the five compulsory papers.

Currently,there are nine subjects that the varsity offers in the basket of optional papers like advertising and marketing.Currently,advertising,is the hot favourite.The idea to include three more subjects stems from the fact that these are sectors that are opening up and there will be many job opportunities for our graduates in these areas, said dean of commerce Madhu Nair.At the University of Mumbai,the commerce stream has over the years,aligned itself to become the natural precursor to the MBA course.

Many business families in the city send their children to study commerce so they can pick up business skills.Entrepreneurial management will allow the student to start something new or take up the family business, said Nair.

These programmes are being defined as practical subjects.We have consulted all the three industries and taken their opinion while drafting the syllabi, added Nair.

Source: TOI

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Universities math doesn’t add up: 100-mark LLB paper totals to 108

Universities math doesn’t add up: 100-mark LLB paper totals to 108



The University of Mumbai got its maths wrong once again.After giving TYBA students an incomplete French paper recently,it handed second-year LLB students a question paper on Friday in which the total marks added up to 108,eight more than the required maximum of 100.
The LLB students were taking the fourth semester paper on land laws when some felt that the paper appeared longer than usual.A few students totalled the marks and found that more questions than necessary had been crammed into the paper.When some of us complained about it,the supervisor got in touch with university officials about the mistake, said a student who was taking the exam at Lords College.The authorities then asked the supervisors to inform all students that the third question,which carried 20 marks,should be considered a 12-mark question.

However,university officials said they have not yet taken a decision on the matter.We asked the paper setter to give us a solution as to how the 108-mark paper could be brought down to 100 marks.We have called for a board of examination meeting on Monday, said controller of examinations Deepak Wasave.

Several students were disappointed when told that the marks for the third question were being slashed from 20 to 12.Question three required students to answer any two of three choices.Many students had already answered the questions in detail assuming that each carried 10 marks, said a parent whose son could not complete the paper.Suddenly,the supervisor announced that the marks for each question had been reduced to six.Law papers are mostly lengthy and something like this is unpardonable.

The same 108-mark paper had another error.Question four asked students to give details of the Maharashtra Regional and Town Planning Act,1909.The state was not formed until May 1,1960,and the town planning act was enacted in 1966.That error was not even corrected.Many of us are wondering who is setting our question papers, said a student.

In the past week,at least three other paper setters have goofed up.Last Saturday postgraduate students across all exam centres received question papers for an exam that was to be held 10 days later.Then,firstyear master of science students were handed the Environment Science Paper IV instead of Paper I.The paper setter had erroneously slipped Paper IV into the envelope meant for Paper I.In another instance,the university had to summon the paper setter of the exam for TYBA French students as the paper was incomplete.

Wasave said these faults were those of the paper setters and the universitys image should not be tarnished.The university only comes up with mechanisms and defines processes.We cannot check question papers after they have been set, he said.

GAFFE TRACKER


Last Saturday,postgraduate students received the question papers meant for an exam to be held 10 days later

First-year MSc students were handed the Environment Science Paper IV instead of Paper I.After students pointed out the blunder,fresh question papers were sent
University had to summon paper setter as the question paper for TYBA French students was incomplete

Model answer book of the MHRM paper distributed among all evaluators as a guide to correcting the final-year TYBCom paper had an error.The faculty member provided the wrong answer for one multiple choice question carrying one mark.A day after assessment began,a senior teacher at Podar College pointed out the mistake in the model answer booklet.It was rectified and the assessment redone

Source: TOI

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Honeywell hiring Technical Support Associate (Gurgaon) – B.Tech/B.E

Job Summury:

Technical Support Associate

Job: Customer/Product Support

Primary Location: Gurgaon

Education : Bachelor's Degree

Job Description

·         Provide technical support to dealers/contractors during installation and troubleshooting within all six product categories (Intruder, Video, Fire, Access, Hardware, Home Solutions) and on related peripherals in troubleshooting, programming, wiring etc and ensure customer delight. 

·         Provide high level of technical support for the ADI Australia sales team, Engineering Services Group and customers 

·         Have the ability to understand the common problems faced in product installations 

·         Have the ability to troubleshoot and help the customer in resolving technical issues
Develop skills on problem analysis 

·         Have the ability to visualize the site conditions and advise customer for most suitable solution
Maximization of customer satisfaction through responsiveness and quality of service. 

Qualifications

 - Graduate with atleast 1 year of work experience in voice based technical support process.
- Any experience with voice based Australian process would be an added advantage
- Customer Service Experience
- Excellent Communication Skills
- Excellent Team Player
- Excellent Technical Skills and Logical Bent of mind 

About Honeywell

Honeywell is a Fortune 100 company with a workforce of approximately 130,000, of whom approximately 58,000 are employed in the United States.The company is headquartered in Morristown, New Jersey. Its current chief executive officer is David M. Cote. The company and its corporate predecessors were part of the Dow Jones Industrial Average Index from December 7, 1925 until February 9, 2008.The current “Honeywell International Inc.” is the product of a merger in which Honeywell Inc. was acquired by the much larger AlliedSignal in 1999. The company headquarters were consolidated to AlliedSignal’s headquarters in Morristown, New Jersey; however the combined company chose the name “Honeywell” because of its superior brand recognition.

Apply Here:

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AMU BTech/ BArch entrance test on April 28

AMU BTech/ BArch entrance test on April 28

The Combined Entrance Test for admission to B.Tech./B.Arch. of the Aligarh Muslim University (AMU) will be held on Sunday, April 28, 2013. More than 32 thousand candidates will appear in the test at Aligarh, Kolkata, Bhopal, Lucknow, Kozhikode and Srinagar in J & K.

The University has made adequate security arrangements to conduct the admission test.

Special help camps will be organized by the National Service Scheme (NSS) of the University at Aligarh Railway Station and other important places to provide guidance to the candidates.

The highest number of candidates will appear at 44 centres in Aligarh Muslim University. In Lucknow, the admission test will be conducted at seven different centres, In Kolkata, test will be held at three centres while in Srinagar, Kozhikode and Bhopal, the test will be conducted at one centre.

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MAH –HM-CET Admission Notification 2013| MAH Hotel Management Admission Examination 2013 | MAH-HM-CET Important Dates 2013 | MAH-HM-CET 2013 Schedules | Schedule of activities for MAH-HM-CET for the year 2013-14 |

MAH –HM-CET Admission Notification 2013| MAH Hotel Management Admission Examination 2013 | MAH-HM-CET Important Dates 2013 | MAH-HM-CET 2013 Schedules | Schedule of activities for MAH-HM-CET for the year 2013-14 |

Schedule of activities for MAH-HM-CET for the year 2013-14 

Sr. No.	Activity	First Date	Last Date
	Sale of Application Kit for all candidates at the designated ARC’s	25/04/2013	02/05/2013 (Upto 5.00 PM)
	Submission and Confirmation of Online Application Form for MAH-HM-CET 2013 through the web site www.dte.org.in/hmct2013 for Maharashtra State/OMS /J&K Migrants/GoI/NRI/PIO/Foreign National/ Children of Indian Workers in the Gulf Countries candidates
	Late Submission & Confirmation of Application Form by paying additional Rs. 500/- in cash at "Maharashtra Institute of Hotel Management and Catering Technology, 412 - C, K. N. Munshi Marg, Bahirat Patil Chowk, Shivaji Nagar, Pune 411 016"	03/05/2013 (Up to 5.00 PM)
	Issue of Hall Ticket through registered Candidate’s Login	07/05/2013 onwards
	Date & Timing of MAH-HM-CET 2013	Sunday, May 12th, 2013 at 11.00 AM
	Declaration of result of MAH-HM-CET 2013	24/05/2013 at 5.00 PM

More Details 

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Mumbai University makes world’s Top 20 millionaire alumni list

Mumbai University makes world’s Top 20 millionaire alumni list



London: The University of Mumbai has more multi-millionaires as alumni than the University of Cambridge or Brown University. And if universities from the US are excluded,it is second only to Oxford in the number of students who have gone on to become super-rich.

The Unversity of Mumbai is the only Indian entry in a top 20 graduate rich list that has ranked universities that will make you a millionaire. With 372 multi-millionaires (net worth: $37 billion) as alumni,it is ranked 18th in the list.

Delhi University also finds mention, though it does not figure in the top 20.It has 229 super-rich alumni.
A research by wealth analyst Wealth-X said Harvard boasts of the highest number of rich alumni: 2,964 multi-millionaires worth a total of $622 billion.

Harvard is also the alma mater of 52 billionaires, the largest number of billionaire alumni.The list was compiled by counting the number of former students from each university who are believed to be worth at least 20 million, taking into account their earnings, properties and other assets.

Oxford tops the list from the UK with 401 super-rich graduates, but Cambridge has more billionaires.The list,which is dominated by American universities,has Oxford at No.16 and Cambridge at No.19.
University of Mumbai has the highest percentage of ultra high net worth (UHNW) alumni who have inherited their wealth at 27% as well as the highest percentage of UHNW alumni who have inherited wealth and proceeded to create fortunes of their own at 29%, the study says.So,44% of multimillionaire alumni from Mumbai University are self-made.

One of Indias oldest universities, it was established in 1857 and boasts of alumni such as Reliance Industries chairman Mukesh Ambani and cricket icon Sunil Gavaskar.

Source: TOI

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