Vinod Gupta School of Management, IIT Kharagpur Volume 1, Issue 13, December 2009 Newsletter of Vinod Gupta School of Management From the desk of Team Scuzzy: Welcome to the winter edition of Scuzzy, the bi- annual newsletter of VGSOM. This year has been quite an eventful one. The all important placement season, Vantage 2009, not only weathered the challenging economic environment, but transpired into a huge success, with highest salary being Rs. 14.7 Lpa and average being Rs 8.93 Lpa. The number of first time recruiters was 32, a significant achievement and manifesting the trend of acceptance of VGSOM brand and quality of students by diverse range of employers. The school also witnessed joining of new Dean, Dr. Arabinda Tripathy, who brings with him a diverse experience in the industrial (12 years) and academic (25 years) fields. He is an IIT- Kharagpur alumnus and specializes in the areas of operations management and research, quantitative techniques and project management. He was founding Director of Institute of Petroleum Management, Gandhinagar and L&T Institute of Project Management. VGSOM is looking forward towards having a long term and fruitful relationship with him. There were three more new additions to the faculty pool, taking the total count to 20. The new professors are Prof. Ashutosh Sarkar for Operations, Prof. Sujoy Bhattacharya for Marketing and Prof. Prithwis Mukerjee for Business Information Systems. (contd. on Page 2) Alumni Committee: Kanika Puri Rajit Nair Saptarshi Basak Soumya Ghosh Faculty in-charge: Dr. Prabina Rajib, VGSOM Batch of ‘94 Akashdeep Prasad Amey Kolhatkar Archit Mehrotra Divya Goel P.Uday Kumar Yash Vardhan In this issue... Final Placements New Professors at VGSOM Batch of 2011 Shraddha @ VGSOM Mr. Vinod Gupta Visits VGSOM Alumni Meet 2009 Students’ Corner Awards and Achievements
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Vinod Gupta
School of
Management,
IIT Kharagpur
Volume 1, Issue 13, December 2009 Newsletter of Vinod Gupta School of Management
From the desk of Team Scuzzy:
Welcome to the winter edition of Scuzzy, the bi-
annual newsletter of VGSOM.
This year has been quite an eventful one. The all
important placement season, Vantage 2009, not
only weathered the challenging economic
environment, but transpired into a huge success,
with highest salary being Rs. 14.7 Lpa and
average being Rs 8.93 Lpa. The number of first
time recruiters was 32, a significant achievement
and manifesting the trend of acceptance of
VGSOM brand and quality of students by diverse
range of employers.
The school also witnessed joining of new Dean,
Dr. Arabinda Tripathy, who brings with him a
diverse experience in the industrial (12 years)
and academic (25 years) fields. He is an IIT-
Kharagpur alumnus and specializes in the areas
of operations management and research,
quantitative techniques and project management.
He was founding Director of Institute of
Petroleum Management, Gandhinagar and L&T
Institute of Project Management. VGSOM is
looking forward towards having a long term and
fruitful relationship with him. There were three
more new additions to the faculty pool, taking
the total count to 20. The new professors are Prof.
Ashutosh Sarkar for Operations, Prof. Sujoy
Bhattacharya for Marketing and Prof. Prithwis
Mukerjee for Business Information Systems.
(contd. on Page 2)
Alumni Committee:
Kanika Puri
Rajit Nair
Saptarshi Basak
Soumya Ghosh
Faculty in-charge:
Dr. Prabina Rajib,
VGSOM Batch of
‘94
Akashdeep Prasad
Amey Kolhatkar
Archit Mehrotra
Divya Goel
P.Uday Kumar
Yash Vardhan
In this issue...
Final Placements
New Professors at VGSOM
Batch of 2011
Shraddha @ VGSOM
Mr. Vinod Gupta Visits VGSOM
Alumni Meet 2009
Students’ Corner
Awards and Achievements
Scuzzy, Volume 1, Issue 13, December 2009
2
From the desk of Team Scuzzy (contd. from Page 1)
Mr. Vinod Gupta, IIT Kharagpur batch of 1967, and Founder and Chairman of InfoUSA, Inc., interacted
with the students on 13th August, 2009. He shared his vision of starting of business school, the first in the
history of IITs, along with sharing of insights regarding the field of management, technology and
entrepreneurship. When asked about his mantra for success, he urged students to not think about a particular
field or subject but to spread their wings, understand what they like and are passionate about and pursue the
same. "Do what you like and are passionate about and the rest will follow" was his answer.
The month of July saw the joining of the MBA batch of 2009-11. The batch presented a good mix of people
from diverse academic backgrounds, with almost 80% of the batch possessed prior work experience. The
dual degree students, a unique program started by VGSOM, saw 14% representation.
Joyfest’09 – The Joy of Giving Week (27th Sep – 3rd Oct), a part of Shraddha (a social responsibility
initiative by students of VGSOM) was celebrated with unprivileged children in the backward region of
Salua, a town 3 Km from IIT Kharagpur in West Bengal. And there were Diwali celebrations at Disha
Seema, a charitable residential school for poor children in IIT Kharagpur campus. It involved decorating
their hostels with diyas and candles and having light moments by conducting racing, singing, dancing events
for the kids. It was followed by distribution of gifts, crackers and sweet packets. The happiness on the faces
of those kids gave us the reward we all were looking for. The satisfaction of feeling one with the society and
being able to contribute was invaluable for each one of us present there.
Alumni network contributes significantly towards the brand of a B-school. The year witnessed two
successful VGSOM alumni meets at Mumbai (29th
August „09) and Kolkata (5th September „09). They were
thronged by more than hundred ex-VGSOMites and naturally, the environment turned nostalgic. Everybody
shared their personal experiences about college, campus life, professional life and learning after once
stepping in corporate world. People talked about how much they miss the fun they had in IIT Campus,
mixed hostels they stayed in, how they just managed to pass in exams after either sleeping whole night or
burning the midnight oil on the last day before exam. Conversations spanned varied topics from the current
market scenario to the on campus romances. Drinks started flowing in and acted as the catalyst for more
discussions. In due course of time, dinner was served but no one was keen on eating. They needed more time
with their friends, with their past. Prof. Gautam Sinha and Prof. C.S. Mishra interacted with the alumni in
Mumbai while Prof. A. Sadhu was his usual brilliant in Kolkata.
The issue also contains articles and poems by students. Also, there are students‟ achievements, which details
the wins accomplished by VGSOM students at various events organized by B-schools across India.
Happy Reading!
Scuzzy, Volume 1, Issue 13, December 2009
3
Final Placements at VGSOM, IIT Kharagpur
The final placement season of the Vinod Gupta
School of Management (VGSOM), IIT Kharagpur for the
batch of 2007-2009, Vantage 2009, ended on a successful
note, reaffirming the faith of the corporate world in the
quality of the students and education offered by the institute.
The mission of the institute has always been to develop
outstanding management professionals and future CEOs,
who will lead organisations especially in technology driven
and knowledge based industries in the service of the nation
and community.
There could not have been a better way to summarize the entire placement process than
the mission of the institute. The jobs on offer were across industry verticals like banking, telecom, steel,
textiles, consumer goods, IT, pharmaceuticals, manufacturing, insurance, media and general management.
Some of the leading roles across sectors that were offered to VGSOM students included Corporate Finance,
Treasury, Project Finance, Management and IT Consulting, Strategy and Execution, EA to CXO‟s, SAP
consulting, Carbon Trading Advisory, Government reforms and infrastructure advisory and many more. This
season saw a shift in the profile-mix offered by the participating companies. The average compensation was
Rs. 8.93 lakhs per annum. The companies recruiting for first time from VGSOM jumped up from 14 in the
last placement season to 32 this year. Although the ripples of the global meltdown were felt in VGSOM, the
variety of profiles offered more than made up for the decrease in the average salary. This was achieved by
inviting a larger number of companies for final placements and through the help of illustrious alumni
working in various organisations.
Almost all students could get a profile of their choice owing to the growing recognition of the MBA
programme of VGSOM. Around 20% of students finally accepted PPOs out of the total PPOs which were
received from the companies in which the students had done their internships. This goes to the show that the
projects done by the students of VGSOM were of the highest quality and were really appreciated by the
industry which ultimately resulted in these students getting PPOs.
This year again saw the participation of the Big 4 consulting firms which have been regular recruiters
at VGSOM, i.e. Pricewaterhouse Coopers, Ernst & Young, KPMG and Deloitte. This year‟s consulting
presence was even more strengthened by the new consulting companies like Wipro Consulting Services
Number of Companies Participated:
65
Number of Students Opting for Final
Placements: 110
Highest Domestic CTC: Rs 14.7 LPA
Average Domestic CTC: Rs 8.93 LPA
First Time Recruiters: 32
Maximum Number of Offers made by a
single recruiter: 10
Scuzzy, Volume 1, Issue 13, December 2009
4
(WCS), Deloitte US (Hyderabad), Emergent Ventures, Renoir Consulting and Frost & Sullivan. These
companies offered profiles ranging from Government Reforms and Infrastructure Advisory, Carbon Trading
Advisory, Process Innovation, Risk Advisory, Enterprise Applications and SAP Consulting. 24% of the
batch chose consulting as their preferred career.
The banking and finance sector companies which participated in the Final Placement Process and
recruited for the various profiles were Citibank, Deutsche Bank, SBI Caps, Irevna, Union Bank of India,
Bank of Baroda, SIDBI, Andhra Bank, Care Ratings and Vistasoft. Union Bank of India was the largest
recruiter on campus. It made 10 offers to students and all these students were offered various grades in
middle management. This year saw the IT sector recruiting with a lot of caution due to the freeze on hiring
by the IT majors. In spite of this VGSOM was a preferred destination for a number of IT companies
including the regular recruiters like IBM, Infosys BPO and the first time recruiters like HP, TCS, Iviz,
Metalogic Systems, Couth IT, Kalinga Soft and Pagalguy. This year saw the top analytics companies like
HSBC Analytics, Market Rx, Genpact, First Source, Latent View Analytics and Decidyn Systems making a
beeline for students. The profiles that were on offer ranged from financial analytics, marketing analytics, IT
analytics and the niche pharmaceutical market analytics. On the whole the IT and the Analytics sector
recruited a sizeable 21% of the batch.
This year also saw the participation by the leading marketing companies like Cadburys, Cavinkare,
Vodafone, Tata Communications, IMRB International, Dabur Pharma and Novartis. The profiles that were
on offer ranged from Sales and Marketing, Market Research, Branding, Marketing & Business Development
and Business Analytics. The students who chose marketing as their preferred choice formed 20% of the
batch.
Despite the slowdown in the manufacturing sector, companies did not hesitate to recruit students for
their Operations profile owing to their long standing association with VGSOM. The companies which
participated and recruited from VGSOM include companies like RPG Group, Maersk Logistics, Vedanta,
Tata Telcon, Tata Steel, Bajaj Auto, Voltas, Schindler India, LMJ Group, M N Dastur and Visa Steel. The
students choosing this sector as their preferred alternative comprised 9% of the batch. Another important
trend that was noted this year was the participation of the Navaratna PSU‟s like BHEL and other major
PSU`s like Andrew Yule. The profiles offered by these PSU`s ranged from Sales and Marketing,
International Marketing, Operations, Business Development and HR. The variety of profiles that were
offered in VGSOM like Corporate Finance, Treasury, Project Finance, Management and IT Consulting,
Strategy and Execution, EA to CXO‟s, SAP consulting, Carbon Trading Advisory, Government reforms and
infrastructure advisory shows the faith that recruiters have been putting in VGSOM since long. The
increasing number of important recruiters goes on to prove that VGSOM has made significant advances in a
relatively short span of time.
Scuzzy, Volume 1, Issue 13, December 2009
5
Our New Professors
Prof. Arabinda Tripathy (Dean, VGSOM)
B.Tech. (Hons.) (IIT Kharagpur), PGDBM (XLRI), M.Sc (O.R.) (London School of Economics), Ph.D.
(O.R.) (London School of Economics).
Specialization: Operations Management, Operations Research, Quantitative Techniques and Project
Management.
Prof. Tripathy has moved to academics after working in industry for over 12 years. He has taught at the
Indian Institute of Management, Ahmedabad for nearly 25 years. Prof. Tripathy launched a Master level
course and taught at University of Cape Town, South Africa. He was founder Director of Institute of
Petroleum Management, Gandhinagar and L&T Institute of Project Management. Prof. Tripathy has
published several research papers in different national and international referred journals. He has conducted
management development programmes in various countries in South Africa, Far East, Middle East, C.I.S.
Countries and Africa. Prof. Tripathy served as President of ORSI, Editor-in-Chief of OPSEARCH, and
Editor of Developing Countries Newsletter of IFORS. Prof. Tripathy is recipient of Developing Countries
Award of IFORS and EFMD fellowship of London Business School. Prof. Tripathy is on boards of different
public and private sector companies.
Prof. Ashutosh Sarkar
B.E. (Gauhati University), M. Tech, Ph. D. (IIT Kharagpur)
Specialization: Supply Chain Management, Operations Management, Applied Optimization, Information
Systems.
Prof. Sarkar has more than six years of teaching experience in the area of Operations Management, Industrial
Management and Mechanical Engineering. Prior to joining VGSOM, he was working as Senior Lecturer in
the Department of Mechanical Engineering, Banaras Hindu University. He has been invited to deliver
lectures on various issues in Operations Management and Supply Chain Management at Anpara Thermal
Power Plant, IIT Kharagpur and FMS, BHU. He has also organized an international conference on Supply
Scuzzy, Volume 1, Issue 13, December 2009
6
Chain Management at Varanasi. He has publications in many national and international journals. He has also
served as the reviewer for Computers and Industrial Engineering. Presently his research interests are supply