I am a master in India

Chapter 405 Prodigy
Arendam looks darker than in the photos, with her jet-black, shiny hair tied in a ponytail at the back of her head.

He wore a blue striped jacket over a white shirt, the top button undone up to the third clasp, and his chest was cleanly shaved.

He wore rings on his hands, his fashionable glasses were set with dazzling gemstones, the silver buttons on his cuffs gleamed, and he wore diamond-patterned socks and shiny leather shoes.

These things were so dazzling and dazzling that they made people feel dizzy and uneasy, but the young Arlindam was very talkative, which made the students and staff around him feel much more relaxed.

He was thirty, not much older than Ron. He was especially energetic, particularly when mocking critics and rivals, often exclaiming, "Wow!"

Ron and he met in the school's conference room, which led to the offices at one end and the classrooms at the other.

The office equipment was all in bright red and blue tones, and the projector on the wall shone with white light.

There were about fifty chairs in the room, all pushed to one side, and Ron and Arendam sat at a long table on the other side, their chairs facing each other.

Turning the air conditioner up high will make you feel noticeably cool.

“Mr. Suer, look!” He pointed to the corner of the conference room.

That's a newly launched air conditioner from Suer Electric Appliances, a real air conditioner.

Since establishing a refrigerator technology partnership with NEC, they've also managed to develop air conditioners along the way.

They're all compressor technology; once you understand it thoroughly, you can apply it to everything.

Suer Electric Appliances already had a deep expertise in the field of water-cooled air conditioners. After acquiring the compressor, they quickly completed the design, much faster than with refrigerators.

“I didn’t expect it to be listed here in New Delhi.” Ron’s eyes lit up.

"The effect is excellent, and I plan to install a few more in the office as well. Oh, by the way, the students' classrooms use water-cooled air conditioners."

Alindam was incredibly grateful for his decision back then; he had chosen Suer Electric solely for cost reasons.

It's cheap and has a good reputation, so there's no reason to buy imported goods.

Suer Electric's water-cooled air conditioners have remained popular to this day because many organizations purchase them in large quantities.

“I’m very happy to be here at the School of Management today.” Ron nodded with satisfaction.

“We are all contributing to India’s economic development.” Arlindam seemed to be praised, nodding his head frequently.

He began to recount the history of the college at length, only slowing down slightly when staff brought him sandwiches on paper plates and several cups of cola.

He said he was originally going to study at a university in the United States, but his father insisted that he study graduate courses at the college.

Even before Arendam graduated, he was already lecturing at the academy.

“I’m in a good position because I’m the principal’s son,” Arendam said with a smile, then emphasized that he was fully qualified to teach his classmates.

Three years later, he earned his master's degree and started a consulting firm.

One of the consulting firm's jobs is to hire people for other companies, and while communicating with clients, Arlindam is also looking for jobs for college graduates.

The employment problem of college graduates is an urgent issue that needs to be addressed. Although Arlindam himself disagrees with this view, it is still a reality that he had to face after his success.

In his early years, Arlindam's abilities and qualifications were not sufficient to support his ambitions.

He initially established a magazine and research department, but the magazine quickly went bankrupt, the film he invested in never got made, and he lost all his capital.

"At the beginning of the year, my first leadership club for training senior executives was officially established, named 'Becoming a Great Leader.' My idea was that if they came to listen to my classes, it would bring me business."

When they arrived, they had no idea I was so young from the photos. However, this proved to be no problem; the club became a sensation and achieved tremendous success.

He raised his chin slightly, looking Ron in the eye, and said, "This is how I built my own character."

Ron found it odd; it seemed that all of the tycoon's academic qualifications, including his master's degree, were obtained from his own school.

However, he didn't delve into it further, but simply asked Arendam to show him around the campus.

The school building has two floors, with most classrooms on the basement level. The students inside are chatting away, and some of them are wearing suits; they are on their way to a "Senior Management Communication" class.

The ground floor includes the school's computer lab, a small library, and several classrooms. On the other side are a circular conference room and open-plan offices, where Plumman's employees work.

They were sitting by their computers and phones, mostly in their twenties or thirties. Although they looked very busy, they didn't give the impression of working for a multinational corporation.

Arlindam and the department head referred to the people around the desk as "managers." The manager, a slightly balding middle-aged man, was on the phone while looking up data in the database and asking others if they were interested in holding a management seminar.

It is confirmed that 90% of Pranman's employees are graduates of Alindam College.

As soon as they graduate, they will try their best to transition from students to teachers here.

For example, Rossiter is relatively short. If he wears a suit and doesn't wear shoes with higher heels, he will appear even shorter.

He was in charge of advertising and was the head of the Planman Advertising Agency.

The dean of the college was Majumda, who sported a stylish goatee and was also the editor-in-chief of the economics section of Pramman's magazine.

Some of the employees are also members of the Arlindam family and graduates of the college.

For example, Arlindam's wife, Rajita, is petite and drives a Porsche. Before they got married, she was Arlindam's student and is now an instructor of executive communication courses.

Arendam's brother-in-law, with long, flowing hair, had his shirt open and was holding a copy of "The Omnivore's Dilemma." He had also been a student at the college and was now the editor-in-chief of the lifestyle section of Plantman's magazine.

When Arlindam met with the heads of various departments, they joked and chatted with each other. An hour passed before they began their work, as they had all been classmates.

Ron had a persistent feeling that they were deliberately showing off their happy times in college, trying to let him know how close they were.

“We’re like a mob,” Arendam said.

This college and this company are completely integrated.

They were as skeptical of the outside world as the Mafia, and as fanatical believers, they were convinced of the mysterious religion formed by Arlindam's personal experience, management philosophy, and unique operating methods.

But it can also be put another way: they are a business group that firmly believes in the boss's every word and action.

Damn, absolutely amazing!
It turns out that the school's graduates are all absorbed internally, either becoming teachers in the college or employees of the so-called "Planeman Consulting Company".

The perfect internal circulation meant that not a single "management talent" they touted was exported to society.

What is the reason? That's something to ponder.

However, one thing is certain: Arlindam is a prodigy.

He is energetic, ambitious, shrewd, and capable, but he also has his weaknesses.

He was a leader of his time, and his personality and behavior quickly garnered him influence in various aspects of India.

Everything here is vibrant, and everyone is passionate and united.

“Why don’t the students here go to work elsewhere?” Ron asked.

"Our current goal is to train MBA talent first, and then recommend them to Indian institutions that need their skills after they have gained experience in Praman."

“Is that so?” Ron raised an eyebrow.

“Of course, and our job placement services are improving, with foreign companies contacting me,” Arendam explained.

The fact is that a large number of college graduates stayed in Arindam's own company.

Ron guessed their salaries weren't high, but Arlindam said he gave the graduates good treatment.

He divided his employees' salaries into three levels: the first level starts at 2.5 rupees, the second level starts at 5 rupees, and the third level starts at 7.5 rupees.

Newly enrolled management students belong to the first tier, earning a monthly salary of 2.5 rupees or an annual salary of 30 rupees, which is equivalent to one-third of the salary of graduates, and is quite good.

Ron was very surprised to hear this, as graduates from well-known universities now earn only around six to ten thousand rupees a month.

As a result, Arindam treated his students almost twice as well as those outside.

Their work is simply making phone calls at a desk, similar to the work of a call center, and they don't need any so-called MBA courses.

"Where does the Planman Corporation's profit come from?" Ron asked curiously.

“Well, our business mainly comes from providing high-end human resources services to other companies. We also sell management courses to help employees of other companies pursue further education,” Arendam answered haltingly.

Ron's expression became subtle; he knew it all along.

Judging from what they said, Plumman Company provides human resources services.

But that sounds ridiculous if their business is actually profitable, or if they really control such channels.

Why not promote their own students instead of stuffing them all into the Plumman Company?
Arendam couldn't possibly be unaware that this self-production and self-consumption method was extremely dangerous, unless he had no other choice.

To put it bluntly, it's because the graduates from the management school can't find jobs, so he's the one who has to cover for them.

So here's the question: Why does Arlindam pay his students tens of thousands of rupees in salary?

His Planman company's business was unremarkable; apart from a few magazines that had some presence, nothing else seemed to be very successful.

Where did his money come from? Ron had an idea: the students' tuition fees!
Maya once said that the tuition fees for students studying here are as high as 40 rupees per year, and there are thousands of students at the Gurgaon campus!
The college raises four to five hundred million rupees in tuition fees every year, which is indeed a huge sum of money.

Most of the students here are children of small business owners from all over India. They can't get into the real Indian Institutes of Management or study abroad, so they end up coming to these fake colleges to get a diploma.

Graduate student! Master's degree! Just listen to how prestigious that title is!
They had no idea whether the academy was real or fake, nor did they know how to tell the difference.

Arendam accepted the tuition fees with a clear conscience and then used the money as wages to pay the students who graduated from the school.

No wonder it's impossible to find specific details about his businesses outside the company, because they simply can't be made public.

The future success or failure of the students at this college largely depends on the development of the Pramman Corporation, which in turn depends on Alindam.

As for how Arlindam will develop in the future, it depends on whether there will be a continuous stream of students coming.

If business schools generate more revenue for companies and hire the majority of their graduates, this model can continue to thrive as long as more and more students are willing to pay such a large sum of money to attend school.

Does this mechanism look familiar?
That's right, it's a pyramid scheme!

(End of this chapter)