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www.business-standard.com
M a y 2 0 1 4
2> Mr.Motilal Oswal at Aditya Institute of
Management Studies and Research
INDUSTRYON CAMPUS
- Sarita, DSBM
HAPPENINGS4ON CAMPUS>ANNUAL AWARD
CEREMONY AT DSBM
3HAPPENINGSON CAMPUS
>Mobility with Nobility The 6thInternational Entrepreneurship
conferenceat Great Lakes-
- Prerna Mittal, Great Lakes Institute of Management
B-schools reduce seats,cut fees to attract students
With management courses falling out of flavour, Ahmedabad-based
United WorldSchool of Business (UWB) has brought down the number of
seats for MBA from240 to 180 this year.
Students do not want to get into management education. In such a
scenario, wecannot put pressure on the marketing team to get
students for 240 seats. We willnot lower the standard just to fill
the seats. Hence, we brought down the numberof seats, said Ritesh
Hada, Managing Director, UWB.
The number of students has come down 25 per cent this year. UWB
had recentlyincreased its admission fee for MBA from Rs 4.75 lakh
last year to Rs 5 lakh thisyear.
Many B-schools across the country are also feeling the pinch. A
B-school in theNational Capital Region has not only lowered its fee
by Rs 25,000 but is alsoplanning to reduce the number of seats.
Industry players say it could be a tough admission season for
B-schools this year.Admissions will get over by mid-June. The
admission season does not look verypromising this year, too. Thanks
to the not-so-impressive placements andeconomic growth, it will be
difficult to convince students to join a B-school.Except the top
ones, others are in for difficult times, said H Chaturvedi,
Director,Birla Institute of Management Technology, Greater
Noida.
However, B-schools are making all efforts for a decent admission
season byapproaching MBA coaching institutes, distributing
pamphlets and roping inadmission agents.
B-schools resort to all kinds of inducements. We have warned
students aboutthem. We have our own list of good B-schools, which
we have prepared on thebasis of their faculty and placement track
record, and we recommend our
students only those schools, said Sai Kumar Swamy, Director,
TriumphantInstitute of Management Education, Delhi.
Last year, of 45,700 MBA seats available in Maharashtra, only
12,800 were filled.This resulted in many B-schools converting
minority quota seats into generalcategory seats.
For the first time in the last three years, the number of new
management andengineering and technology institutes opening has
come down by half.
In FY12, 892 new management and engineering and technology
institutes wereopened in India, and 626 new institutions were set
up in FY13. In FY14, only 494new institutes have so far sought
permission from the All India Council forTechnical Education.
VINAY UMARJI & M SARASWATHYAhmedabad/Mumbai, 26 February
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M a y 2 0 1 4
Mr. Motilal Oswal at Aditya Institute of Management Studies and
Research
When times are tough, become better so that you become bigger
when times are good, said Mr. Motilal Oswal, CEO ofMotilal Oswal
Securities Ltd at the special INSPIRATION lecture organised by
Aditya Institute of Management Studiesand Research.
Mr. Oswal emphasised on the right intensity of passion, right
set of values and learning spirit as the factors contributing tohis
success. He spoke about competitive and technological challenges
which will rule the financial world. Mr. Oswaladvised students to
keep knowledge first with a clear goal in life.Mr. Oswal advised
budding managers on proper investment techniques. He stressed on
appropriate stock selection, sectorselection with long term
investment options. He stressed on importance of research for
growth.Dr. Swati Lodha, Director, AIMSR welcomed Shri Oswal and
briefed him about the vision of the institute.It is noteworthy that
Mr. Anand Rathi, CEO, Co-founder & Chairman, Anand Rathi
Financial Services Limited & Mr. VikaasM. Sachdeva, CEO at
Edelweiss Asset Management Ltd., and Director at Association of
Mutual Fund in India (AMFI) had
visited the institute in February this year.
I N D U S T R Y O N C A M P U S
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I N B R I E F
H A P P E N I N G S O N C A M P U S
From a 15.7 million broad band users in 2013 to a predicted 600
million users by 2020,are the companies ready to embrace mobility
touted as the future of businesses?The 6th International
Entrepreneurship conference organized by Great Lakes Institute
ofManagement at its campus on Feb 18, 2014 was held on the theme
Mobility withNobility that discussed this intriguing questionDr.
Bala V Balachandran, Founder Dean, Great Lakes welcomed everyone
and said, Theworld is heading towards convergence and mobile
technology is going to create the
entire wave.
Talking on mobility, Mr. Vinod Muthukrishnan, CEO, M/s
Cloudcherry, said, Whenmobility, big data, analytics and cloud come
together, there are path breaking ideas andbusiness intelligence.In
his guest of honour address, Mr. Ram Vishwanathan, Distinguished
IBM Engineer,opined Mobile Technologies are the perfect platform
for India to bridge the divide. Mr.Ram while pointing out the
challenge the industry faces, said, We have systems likeERP, SAP
and then we have system engagements, and how we connect these two
is thechallenge
Mr. Shankar Narayanan, Ex-Chairman, Founder and CEO - SPIME INC,
Co-Found-er-EmuzedInc & Nexus Inc, USA, enthralled the audience
with his personal experiencesas a technopreneur. Mr. Shankars
powerful advice to budding entrepreneurs was - beintuitive, be nice
to people from a young age and be different.Mr. Sanjay Singh, Vice
President & Head Engineering, GlobalLogic, delivered
thevaledictory address and said that entrepreneurs should look for
disruptions in abusiness, find a niche and capitalize on the
opportunity.The winners of the Business Plan Competition, Hyperion
organized by Great Lakes,were given Narasinga Rao Memorial Award of
INR 1 lakh. There was excitement allaround for the winners when
VILLGRO, a private incubating & investing organizationcame
forward to support the teams by providing them incubation,
mentoring andinvestment support up to INR 60 lakh.
M a y 2 0 1 4
Mobility with Nobility The 6th InternationalEntrepreneurship
conference at Great Lakes-
Prerna Mittal, Great Lakes Institute of Management-Foram Dave,
SPEC
ACTIVITIES AT SPEC
IN APRIL-2014
A major event in the month ofApril included placementinterviews
conducted bycompanies like Rich Infra Pvt.Ltd., Serco Global, Laxmi
VilasBank and HDFC Life Insurance.
Many students emerged victoriousand received job offers from
thesecompanies.A grand farewell function wasalso organized by the
juniors forthe senior batch. Students wereseen enjoying the event
andreminiscing the memories of thecollege days.End of April saw
studentspreparing for their vivas ondifferent subjects.
Projectpreparations were in full swing.Following this were
themid-semester exams.An awareness campaign
conducted by the college educatedthe students about the
electionsand motivated them to cast theirprecious vote.Endeavour
conducted a seminaron effective communication andteam. The seminar
taught thestudents how to build a goodteam, how to work in a team,
etc.
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B-Schools and Competition: Bitter vs. Better
"Competition brings out the best in products and the worst in
people." - David Sarnoff,Pioneer of American Commercial Radio and
TV.Rightly said! It is tacit knowledge, if success is the dream a
B-school fosters, competition orrather the spirit of competition
keeps the dream going on. No matter how accommodatingand affable
one may be; no matter in what way group activities instill the
spirit of 'oneteam one goal', competition by far compels almost
everyone to work for short term goals,mostly articulated as grades.
And no matter how ever one may be calm and collected,competition at
a B-school for most becomes overwhelming!
This, however, doesn't have to go on like this for all of us.
Two years are also anopportunity to make friends, experiment, learn
and grow as a human being. These twoyears come with an opportunity
to learn 'self-discipline'. A night's coffee with youracademic arch
rival can do more good than beating him the next day by one or two
marks.Management is not always about being the best, it is about
the journey chosen to becomethe best that differentiates between
excellence and temporal achievements. By choosing tolearn, share
and grow, a student can break through the manacles of mediocrity in
goalsetting. Excellence is not always quantifiable in terms of
grade points; it can only begraded through lifetimes. And often
greatest of business leaders have admitted that theywere best of
friends with their so-called competitors. It is said that jealousy
is love incompetition, but in reality competing with others makes
one bitter while competing with
oneself makes one better. Competition is necessary but its evils
are not. So if you haven'tdone the following probably you haven't
tasted the real flavour of competition at aB-School: Help a batch
mate with a subject Go partying Experiment Write an exam without
studying the 'ideal way' Develop a hobby (an entirely new one)
Laugh at yourself (very often) Be brave enough and admit you're far
from being the best, grow each day Go on an adventure trip Read
fiction and never give up imagining and being childlike Smile in
the face of defeat
-Pragya Bang, IIM Indore PGP Mumbai
4
H A P P E N I N G S O N C A M P U S
M a y 2 0 1 4
I N B R I E F
OFTHEMON
TH
ANNUAL AWARDCEREMONY AT DSBM
DAV School of BusinessManagement, Unit-8, Bhubane-swar,
organized Annual AwardCeremony to honor the youngachievers of the
institute whohave excelled in curricular andco-curricular
activities. B. K.Patnaik, IAS, Former ChiefSecretary and
presentlyChairman of Staff Selection
Commission, Govt. of Odisha,graced the occasion as the
ChiefGuest. Shri Patnaik praised theinstitute for the
outstandingresults and organizing variousinnovative skill
orientedprogramme. He felicitated thesix toppers, Smaraki
Pattnayak(1st position), Nisha Jain (2ndposition), Karishma
KumariRaju (3rd position), RinkyKumari Shaw (4th position),Rupali
Rupasmita Nayak (5thposition) followed by Manasmi-ta Mohanty in 9th
position ofadmission batch 2010-13 for
their exemplary performance inUtkal University. BBA
examina-tions. M. M. Panda, President,DSBM, emphasized on
dedica-tion, commitment and devotionto excel in all spheres of
life. Dr.D. N. Mishra, Principal, DSBM,congratulated the
youngachievers for curricular andco-curricular activities.
Amongother dignitaries of DAVInstitutions, Dr. B. Nayak &Madam
Sujata were present.
-Sarita, DSBM
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R E S E A R C H K I T O N C A M P U S
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F U N O N C A M P U S
M a y 2 0 1 4
QUIZ
1) After PwC acquired Booz and Co., what is its new name?
2) Who has created a video which has gone viral using real life
Ronald McDonald to endorse their breakfasts?
3) Which brand uses the punch line Wear it well?
4) Anarchy, Peace, Kilo, Dark Temptation and Harmony are sub
brands of which product?
5) Which company uses this baseline "Architect of an Open
World"?
6) Which 2011 model car has door handles that are invisible?
7) This company was founded in 1939 and uses the acronym LIFE
for the business categories. Identify the company.
8) Which companys corporate philosophy and belief systems are
associated with the Japanese word kyosei and the three selves
self-motivation, self-management and self-awareness?
9) What is colloquially referred to as the Toulouse Goose?
10) Which brand had to recall 800,000 pairs of its shoes when it
was found that a logo on the sole resembled
the Arabic lettering for Allah?
Send the correct answers to [email protected] lucky
winner gets a special prize andthe name will be published in the
next issue.
Last date of sending entries is June 5, 2014.
Answers to last issue of Fun on Campus
There were no correct entries for the previous issue of Fun on
Campus
1 Lenovo uses Fu Pan, which means replaying the chess board or
analysing the moves you have made so as to do better next time as a
strategy tool2 J.W. "Bill" Marriott, Jr.3 Garden Vareli4 Taco Bell5
Datsun Go6 M is the Roman numeral 1000. CPM is Cost per 1000
impressions.7 They are all words that were invented for use in the
social media and have subsequently found a place in the Oxford
dictionary8 Machine to Machine communication9 SCAM stands for
Social Media, Cloud, Analytics and Mobile10 Nordstrom