Era Group Offers Pre Placement To Era Business School Students

Online, August 7, 2012 (Newswire.com) - ERA Group is delighted by the big 'thumbs up' given by the Industry to the first batch of graduates from the Era Business School Dwarka. Mr. H.S.Bharana, CMD, ERA Group, observes that it is this vision that had driven the ERA Group to anchor the launch of Era Business School in 2010.

"Till a few years back, industry had mostly stayed away from the process of academically grooming managers that ultimately are a part of it; the ERA Group decided to make a change, by anchoring institutions like EBS and the ERA Skills Academy. The industry knows best what it desires of its managers, and the onus of grooming its managers lies squarely on the Industry."

The Indian economy is growing annually between 5 to 7 per cent. This means that projects worth Rs 3 to 4 lakh crore are kick-started annually. A rough calculation shows that India needs anything between 40 to 50 thousand quality managers to drive its growth engines. Top-notch B-schools like the IIMs have expanded as fast as they can, but the gap between demand and supply has only grown, encouraging fly-by-night operators, who are in the business of B-school education just to make a quick buck. As a result, the quality of managers has suffered, due to no fault of their own. As was reported recently, numerous such institutions that did not meet the standards have been forced to shut down.

Mr Bharana points out that while AICTE recognised, ISO 9001:2008 certified, Era Business School and ESA might be non-profit organisations, they still make good business sense, apart from fulfilling the ERAGroup's corporate responsibility.

"To sustain its current speed of growth, the 5000-crore ERA group itself needs to absorb as many quality managers as are produced by Era Business School. The recent declaration of a pre-placement guarantee of Rs 4.95 lakhs per annum by Era Business School is an indicator of this requirement of the ERA group - which backs Era Business School. However Era Business School is founded on the firm belief that their 'managers with a difference' should be homogenously spread across all sectors, and corporate houses should have access to the quality managers produced by Era Business School, to take their own growth story forward."

Not surprising therefore, that the highest pay package for this year did not come from any of the companies of the ERA Group, but from Indiabulls Pvt. Ltd. Era Business School is a globally-oriented educational institute that carries forward the ERA legacy of differentiation to chart a new course in distinctive quality across India's educational roadmap. Students who thrive on novel ideas, fast-paced learning and community commitments are the ones selected by Era Business School. The young business leaders of tomorrow are groomed in a highly communicative and multi-cultural environment, by some of India's most dynamic faculty members, entrepreneurs and innovative leaders.

The ERA Group comprises fast-growing and dynamic entities like ERA Infra Engineering Limited, ERA Buildsys Limited and ERA Landmarks limited; each of them armed with a vision to be the first among equals. What sets ERA apart is its timely execution of large-scale and complex projects across diverse verticals. These include power, highways, railways (including metro), airports, urban infrastructure, refineries and industrial / commercial / residential complexes.