IIM L : Important dates

1
Announcement of Programme (download of application form from the website)
July 21, 2011
2
Submission of Complete Application
October 31, 2011 by 5 PM
3
Announcement of Short-listed Candidates
November 30, 2011
4
Personal Interviews
Second/third week of
December, 2011
5
Announcement of Selected Candidates
First week of January, 2012
6
Acceptance & Submission of First Fee Installment
Second/Third week of
January 2012
7
Students report on Campus
First week of April, 2012
8
Induction Programme
First week of April, 2012
9
Commencement of Programme
First week of April, 2012

IIMC : PGPEX

10th July 2011 Opening Online Applications
30th September 2011 Closing dates for Applications
14th October 2011 Shortlist release
Interview Dates:
12th & 13th November
Delhi, Mumbai, Kolkatta & Chennai.
19th & 20st November Bangalore & Overseas
1st December 2011 Sending out Offer Letters
7th December 2011 Acceptance of Admissions
8th December 2011 (Tentative) Wait List

IIM B : EPGP

10th July 2011 Opening Online Applications
30th September 2011 Closing dates for Applications
14th October 2011 Shortlist release
Interview Dates:
12th & 13th November
Delhi, Mumbai, Kolkatta & Chennai.
19th & 20st November Bangalore & Overseas
1st December 2011 Sending out Offer Letters
7th December 2011 Acceptance of Admissions
8th December 2011 (Tentative) Wait List

GMAT info : What is the Penalty for not completing the GMAT test?

 All of us have known for a while that there is a substantial penalty for not completing either or both the sections in the GMAT test.
A simplified version of how the penalty works – based on the inputs received from the GMAT Test Prep Conference held on Dec 9, 2011 @ Gurgaon.
Let us say one attempts 34 out of the 37 questions in the GMAT Quant section. And to make things simple, let us assume that one has got all the questions correct. This gives us an interim score, which, let us say is equivalent to a 46. Since, I have skipped 3 out of 37 questions, this interim score gets further adjusted.

Let us see how this adjustment happens. One has skipped 3 out of the 37 questions in the quant section. i.e., 8.1% of the questions in the quant section or one has attempted 91.9% of the questions. One will attract a penalty of 8.1% and his score will get multiplied with this percent of questions attempted. That is, after applying the penalty for skipping questions, my adjusted score after the penalty will be 91.9% of 46 = 42.

It clearly points to the fact that – even if one had attempted and marked something for 35th to the 37th question, even after assuming that none of the last 3 answers were correct, one would have retained his score of 46 without attracting any penalty. Skipping questions gets you a double penalty – you lose marks for not attempting these, and the overall score gets scaled down to reflect percentage of attempts. So, anyone taking the GMAT, please do not skip even a single question.