AWARDS
TAPMI was honoured with 6 Awards at the 'Innovative B-Sschool Awards' held at Mumbai. The awards were for: a. Overall CSR Award b. Best Assessment Tool for Measuring Skills c. Best B-school with Innovative Marketing to the Target Segment d. Best Student in Management school e. B-school Leadership Award f. Visionary Leadership Award
TAPMI signs MOU with Macquarie University International and Corporate Engagement and Mr. Abizer Merchant – Regional Director (South Asia), Macquarie International were part of the Macquarie delegation. The MOU was signed by Professor Mark Gabbott and Professor Raghunath Rudran, Dean Administration, TAPMI. TAPMI and Macquarie University seek to enhance relations by developing academic and cultural The T. A. Pai Management Institute and
interchange in teaching, research and other
Macquarie University, Sydney, Australia signed an
programs and activities. Further, the collaboration
MOU on April 28, 2015.
will enable exchange of students and faculty, joint
Macquarie University was led by Professor
research activities, joint conferences and other
Mark Gabbott – Executive Dean, Faculty of
academic meetings, exchange of academic
Business and Economics, Macquarie University.
materials and information.
Professor Philomena Leung – Associate Dean 1
TAPMI-CSU International Conference in Finance
The T. A. Pai Management Institute (TAPMI) along with the Colorado State University – College of Business (CSU) organized the First International Conference in Finance on April 17 and 18, 2015. The Conference is an attempt of TAPMI to promote quality research in India by associating with
The conference invited submissions from
Colorado State University, a like-minded AACSB
researchers conducting research in all areas of
accredited B-School from the United States.
finance and around eight high-quality papers were The conference is designed to encourage a high
presented. The conference was preceded by a
level of interaction among participants to
doctoral colloquium where senior professors
exchange ideas and provide feedback. Prof.Ghon
advised the Ph.D. scholars on conducting
Rhee, Shidler Distinguished Professor of Finance
contemporary and productive research in the area
and Editor of the Pacific Basin Finance Journal,
of finance. The conference was sponsored by
University of Hawaii, USA and Prof. Renee Adams, Professor of Finance, Commonwealth Bank Chair
Bombay Stock Exchange Investor Protection
in Finance, University of New South Wales,
Fund. Mr. C. Vasudevan, GM, BSE Investor
Australia delivered the key note address to the
Protection Fund expressed his pleasure on BSE's
conference. Prof.Ghon Rhee stressed on the need
association with the TAPMI-CSU International
for research in 'Penny Stocks' (stocks trading at
Conference in Finance and looks forward to
very low prices) in Asian markets and Prof. Renee
associating with TAPMI to promote research in
Adams provided insights into female directorships
finance.
on corporate boards.
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Faculty - Staff Retreat
The Faculty and Staff Retreat was organized
offers a unique tryst with nature and an ideal place
by the Institute in two batches during
for one to enjoy a complete holiday, away from the
April 19 & 20, 2015. The location of the retreat was
hustle and bustle of urban life.
Eagle Eye Holidays, Chikmagalur, approximately
The resort has outdoor facilities like Fishing,
130 kilometresfrom the campus.
Camping, Boating, Trekking to Biddagiri, Bird
Eagle Eye Holidays Resorts situated at a majestic
watching and indoor games along with Eco
2900 feet above sea level and spread over 130
Tourism facilities. Faculty and Staff members with
acres of lush greenery in a plantation of coffee,
their families participated in the retreat. The
spices, medicinal plants and orchids overlooking
serenity and peace here was an ideal way to
the scenic misty valley of the Western Ghats. It
unwind and relax.
29th Annual Convocation The 29th Annual Convocation of TAPMI, Manipal was held on March 28, 2015 in Manipal, Karnataka. The occasion was graced by the presence of Shri. Balasubramanian Muthuraman, ExChairman Tata International Ltd., and Ex-Vice Chairman Tata Steel Limited, who was the chief guest for the evening. This year a total of 395 students graduated from the institute of which 388 students from Post Graduate Diploma in Management (PGDM) and 7 students from PGDM- HC (Healthcare management). 3
The top three meritorious students were
Mr. Varun Khanna. Prof. M.V. Kini award was won
Mr. Kathiresan, Mr. Rana Anshuman and
by Mr. Harshavardhan. Both 'TAPMI Achiever of
Mr. Varun Khanna. The award for the most
the Year' and 'Titan of the Year' award for the best
meritorious student in healthcare was Dr. Tanvi
overall graduating student was won by
Saxena. The late Dr. Ranjan Acharya Award given
Mr. Kathiresan.
to the best student in marketing was received by
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PGDM - Merit Awards Mr. Kathiresan L - 1st Rank Mr. Rana Anshuman - 2nd Rank Mr. Varun Khanna - 3rd Rank
PGDM - HC - Merit Awards Dr. Tanvi Saxena - 1st Rank
Smt. Gangamma Ammannaya Award Ms. Ramyani Chakraborty - Marketing Ms. Bhatt Saloni Naimish - Finance
Dr. S. Dandapani Prize Mr. Kathiresan L
Dr. A. S. Aiyer Memorial Prize Mr. Kathiresan L
TAPMI Achiever of the Year Award Mr. Kathiresan L
TITAN of the Year Mr. Kathiresan L
Dr. Ranjan Acharya Award Mr. Varun Khanna
Prof. M V Kini Award Mr. Harshavardhan Rajendrababu
Prashant Kulkarni Award Mr. Yugank Bansore
Jaspreet-Sebastian Award Mr. Vinayak Prabhu (PGDM) Mr. Rishabh Chugh (PGDM-HCM) 51
Dr. Ramdas Pai, Chancellor of Manipal University, Dr. H.S Ballal, member of TAPMI trust and governing council, and Dr. Ramnarayan, Vice Chancellor of Manipal University, Dr. R C Natarajan, Director of TAPMI were present.
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Student Managed Investment Course (SMIC) The much awaited SMIC (Student Managed
combined fund of about INR 10 lakhs to invest in
Investment Course) finale was flagged off at
the Equity markets provided each student enrolled
Hotel Valley View,Manipal on 8th March. The
in the course INR 25,000. Students made
event was inaugurated by Director Dr. R.C
decisions to invest in BSE/NSE listed companies
Natarajan and Prof. Madhu Veeraraghavan.
with a minimum Market Capitalization of 300
TAPMI, the only institute in India to give students a
crores and manage the portfolio.
Mr. Dhaval Vakharia, Avendus - PE Funds Pvt. Ltd; Mr. M. B. Vishwanathan - Citi Research; Mr. Anil Ghelani - DSP Black Rock Pension Fund Managers, Mr. Anjan Ghosh - ICRA; Mr. Tushar Lowalekar - Ex RBL Bank Ltd.; Mr. Kishor Bagri - ING Investment Management and Mr. Sandesh Kirkire - Angel Investor.
The course consisted of 35 students, divided
management. On this day, the students
into seven teams of five members each. Each team
showcased their sound knowledge of finance
had a collective corpus of INR 125,000. Teams
domain and highlighted their sagacious flair in
were responsible for investing this money in a
dealing with live stocks and turbulent markets.
pre-approved list of securities which were
They were judged by eminent industrial experts
liquidated by March 6th, 2015. The objective of
from top notch institutes across the country.
this course is to provide students a hands-on experience in securities research and portfolio 71
K. K. Pai National Banking Award
KK Pai Trust, Manipal honours a leading
presence of Sri Satish U Pai, President of KK Pai
banker once in two years with KK Pai National
Trust and Dr. R C Natarajan, Director TAPMI at
Award for the Best Banker. This award is being
the function organized in Seminar hall of TAPMI
given in the name of Late Shri K K Pai who was
campus on February 24, 2015.
former CMD of Syndicate Bank and was also the
Other dignitaries present were Mr. Narayan M Pai,
Chairman of TAPMI for long years. This year
Mr.Ashok Pai, Mr. Suresh Pai, Mr. K M Udupa, Mr.
Sri N. Kanta Kumar, Former Chairman and
Krishna Bhat and Dr. H S Ballal, Pro chancellor of
Managing Director of Syndicate bank was
Manipal University and Dr KK Ammannaya,
presented with K K Pai National Award for
Secretary of KK Pai trust during the felicitation
Excellence in Banking 2014-15 by Dr. Ramdas M
ceremony.
Pai, Chancellor of Manipal University in the
Founder's Day Lecture The 32nd Founder's day was celebrated on the 28th of Jan'2015. The event began with the lighting of the lamp by the dignitaries, followed by the rendering of the prayer song by the students. Dr. Shantaram, Chairman recalled for the audience the vision and mission of our Founder Shri. T A Pai and his zeal to lead the country to the horizons of excellence. Prof. Natarajan, Director TAPMI, delivered the welcome address to the august
trainer. Dr. Balasubramaniam is a development
gathering. Prof. Seena Biju, Asst. Prof, TAPMI, the
activist by choice and a physician by qualification
MC for the event, introduced the chief guest
with specialization in Public administration from
Dr R. Balasubramaniam who is a development
the Harvard University.
activist, social innovator, writer and a leadership 8
During his lecture, Dr. Bala began with the
learning outside class is more important.
question, “How to spend money wisely?” the
According to Mr. Subramaniam, money is
answer to which is very essential for the youth to
important for a person's life but what is more
know. He believes that resurgent India needs to
important is how one spends it on others. He said it
acknowledge the history that India had. He
is not 'I' that matters, but it is 'We' that makes the
quoted various incidences from his life that made
difference. There is no need to compete. There is
him realize that there exists a thread in these
so much that the world can give us, so much that
incidences that connects a lack of trust,
we can give the world. So, the competition should
interdependence, and reciprocity of human
be about who can give the world the most and not
existence. He believes a B-school like TAPMI
who can take the most from the world.
has a bunch of elite scholars with great intellect
Dr. Balasubramaniam advised students to enjoy
and they should know the thread that connects
life and realize its value. Students must not
the situations faced by India. “We have become an
compromise on their health by compromising on
expert in dehumanizing ourselves that we don't
exercise, meditation and sleep for their studies and
even have time for anything else”, he said.
other activities. These things ultimately affect the
He recommended students to read the book, 'The
choices that students make in future; having a
World Economy' by the great economist, Angus
direct correlation with the inclusive growth of India.
Maddison. We would be amazed by the glory of
He quoted Swami Vivekananda by saying, “It is not
Indian economy in the past. But it is sad that today
by a revolution but only by evolution can a new
we are still an emerging economy. He poses a
India arise.” This evolution can be attained by
question, “What was it that destroyed India's
redistributive justice and inclusive capitalism
capacity to trade?” The education and technical
because it will bring inter-generational equity.
systems were dismantled, trade was dismantled,
Economic growth will be futile if the wealth is not
and social institutes were dismantled. The
redistributed amongst the citizens of India.
'Puranas', the 'Vedas' and 'Bhagwad Geeta' are
Providing every Indian an opportunity for equality
the products of highly refined superior minds
and freedom of choice will build an inclusive Indian
and a work of extraordinary intellect and
society creating a strong human and social
creativity and are symbols of our great potential
capital. He ended his inspiring speech by saying
since our inception. We just can't keep making
that we should strive to build an India which is free
excuses of external factors for our failure to
from poverty and hunger, where equality prevails
enhance our potential and become a developed
and where every Indian can say that he/she cares
economy. India, despite having a shining
not just for India but for the world. The event
economic past, carries the burden of one-third
concluded with with Prof. Seena delivering the
global poverty. We need a new India which invests
vote of thanks.
on its lost strength of human and social capital. He emphasized that in-class learning is important but
91
Long Service Awards Long Service award was initiated in the year 2014 in recognition of true dedication and commitment at work in TAPMI. This year TAPMI awarded three of its team members with the Long service award at the Founder's day Ceremony.
Mrs. Sujatha K, Senior Program Officer, In-charge (Quality and Compliance). Mrs. Sujatha joined TAPMI on 13th Dec 1984 and has been an integral part of the PGP office and the Admissions. She is currently a part of the AACSB office.
Mrs. Baby, the Junior Officer Support joined TAPMI on 1st August 1994, Mrs. Baby has been an integral part of housekeeping at TAPMI for the last two decades.
Mrs. Jyothi Nayak, Office Superintendent joined the TAPMI family on 1st October 1994. In her 20 years of dedicated service she has been a part of the e-GPX, e-governance program at TAPMI and is presently with the Admissions office.
10 1
28th edition of TAPMI Atharva
TAPMI Atharva has always been a quest to scale
Plan Competition of TAPMI-Atharva. TAPMI is the
greater heights each year. What began as Hill
second management institute in India to initiate a
fest (an intra TAPMI event) 1986, the event
B-Plan contest and Sankalp has grown from
escalated to be an inter-B School event,
strength to strength since then. The contestants
SUMMIT in 1996. In 2002, SUMMIT was
were rigorously evaluated by industry experts and
rechristened as ATHARVA and has been so ever
TAPMI's own intellectual capital. Over 35 teams
since. The theme for Atharva in its 28th year was
had registered for the event and 18 were short-
“Ideate, Innovate and Implement” was organized
listed to submit the Business plan. Following this
on January 24, 2015.
the finalists were given the opportunity to
In 2015, TAPMI-Atharva conducted a plethora of
participate in a mentorship program wherein the
events which saw participation from colleges all
mentors were experts from the industry Sankalp
over India. Thisyear TAPMI-Atharva had more than
was supported by Manipal University Technology
600 registrations from 35 B-Schools in India
Business Incubator (MUTBI), an initiative of
among which 50 Participants from 12 B-Schools
Manipal University for nurturing and developing
made it to the final round held at TAPMI campus.
innovation and entrepreneurial skills among its
The B-schools that participated this year include
faculty and students. Sankalp awarded the
IIM-Kolkata, IIM-Bangalore, IIM-Kozhikode, IIM-
winners and runners up an opportunity to incubate
Trichy, IIM-Udaipur, S.P. Jain Institute of
their idea at MUTBI for 6 months.
Management and Research, Goa Institute of
‘Make your Mark', the flagship marketing
Management (GIM), Symbiosis Center for
event of Atharva - 2015 provides a platform to the
Management and Human Resources
brightest minds in the country to battle it out to find
Development (SCMHRD), Narsee Monjee Institute
out what it takes to excel in the field of marketing.
of Management Studies (NMIMS), and Great
The event has put to test the qualities essential to
Lakes Institute of Management etc.Sankalp, is a B-
be successful in the world of marketing. Around 11 1
12 1
160 teams registered for the online quiz eliminator
the importance of imparting education to children
round. The 5 short-listed teams were then
from all sections of the society. The 'Run for A
exposed to a real-time problem faced by an NGO,
Cause - Marathon' was inaugurated by the
a live case study by The Hindu and a simulation
honourable Superintendent of Police, Udupi
game where they were evaluated based on their
District, Mr Annamalai. The marathon was flagged
marketing acumen.
off by him at 5 pm. He also extended his
Shrishti, an HR event was launched for the first
support for the cause by participating in the
time in TAPMI Atharva. The preliminary round
marathon along with the 250 participants who
was a case about SpiceJet, wherein 64 teams
thronged the venue.
registered. The challenge to contestants was to
Besides athletes and professional runners,
derive a solution, not in verbal jargon, but rather in
hundreds of young students of Manipal
info graphics and pictures. Of this, 8 teams were
participated in the 4.1 km run amidst the loud
short-listed for the presentations in the final round.
cheers. TAPMI Atharva realizes the importance
With this event, we intended to bring out an
of setting up a conducive environment for
innovative thought process in the field of HR.
education and pledged the proceeds raised from
inFINity, The Finance event is Atharva's offering to
the marathon towards Academy Higher Primary
the budding financial managers of tomorrow. The
School, Manipal. An amount of Rs. 80000/- was
finance battleground inFINity gave the student
donated to the school for their infrastructure
fraternity an understanding of the dynamic Finance
development. TAPMI Atharva 2015 introduced
Industry. It was a skill-test for students and
the ever rolling trophy for the first time in its history,
offered challenges across all the facets of Finance.
this is presented to the college which gains
Lateral thinking, street smart solutions, number
maximum points after competing in all the events
crunching, decision making and strong analytical
of Atharva'15. The Rolling Trophy was awarded to
skills are just a few of the things that were tested.
Goa Institute of Management (GIM) for their
Over 130 teams registered and 65 teams who
extraordinary performance in TAPMI Atharva'15.
were shortlisted were pushed to their limits
The 2-day extravaganza which was held on 24th
through a preliminary stock trading game on the
and the 25th of January 2015 challenged the
online platform Dalal Street, this was followed by
young leaders and provided an environment of
an equity research simulation on Knolskape where
healthy competition. This enabled them to
6 teams battled it out. The top 4 teams of the
showcase their natural charisma, vigor and help
simulation round were called upon to elaborate on
them chase their undying spirit of victory! The two
their actions in the final presentation round.
things which have always remained constant and
Run-for-a-Cause was held on February 1st, 2015
which will always remain constant are the Atharvan
when manipal witnessed hundreds of people
spirit of achievement and the TAPMIan passion to
running to demonstrate their solidarity towards e
scale greater heights! 13
QOTB (Quiz on the Beach) - 12th Edition
The 12th edition of TAPMI Quiz on the beach
colleges like IIT-M, IIFT Kolkata, IIM-Indore, BITS
(QOTB™), the flagship event of TAPMI, was
Pilani, SRM University, KJ SIMSR, PESIT and
successfully held on the exquisite sands of Kaup
various others. The qualifiers were conducted in
beach, and was well complemented by the with a
seven cities across India at Bangalore, Chennai,
scenic Arabian Sea sunset on January 4, 2015.
Mumbai, Ahmedabad, Kolkata, Delhi and Manipal and one international venue at Dubai.
Abhimanyu Bhadauria and Sreshth Shah of Amity University emerged victorious and walked away
Teams from Amity University, IIT-Madras, IIFT-
with the grand prize of INR 6,00,000 at the TAPMI
Kolkata, NALSAR University of Law, Christ
Quiz on the Beach™ held at Kaup Beach
University Bangalore and BMS Bangalore made it
yesterday. Teams from NALSAR University of Law,
to the finals from the three semi-finals. They were
Hyderabad came second and IIT Madras came
joined by two teams BIT Mesra (RAK Campus) and
third and won INR 3,00,000 and INR 1,00,000
BITS Pilani (Dubai Campus) from the first ever
respectively.
TAPMI QOTB™ international qualifiers at Dubai.
The QOTB™ was conducted by quiz master
The final was one round shoot-out of 25 questions
'Pick Brain' Giri Balasubramaniam of TATA
on the buzzer. The finals witnessed a neck to
crucible fame. The event saw two rounds of
neck battle for the top three prizes which kept the
quizzing - the semi-finals and finals. The former
audience at the edge of their seats. After
was conducted at TAPMI campus in Manipal
90 minutes of intense quizzing, the team from
with 18 teams competing for 6 spots in the grand
Amity University emerged winners by a significant
finale. The semi-finals saw teams from eminent
margin. 14 1
The event saw eminent dignitaries from the TAPMI governing council including Pro Chancellor of Manipal University Dr. H.S. Ballal,
Vice Chancellor of Manipal University, Dr. K. Ramnarayan and Director
Dr. R. C. Natarajan graced the event with their presence. The Superintendent of Udupi Mr. Annamalai IPS was the special guest at the event.
15
Faculty Page • Prof. Animesh Bahadur and Prof. Sushanta
Academy of International Business (AIB)
Kumar Sharma's case titled “Who will lead the
Kumar, K.K. & Fang, T. (2015), Understanding
torch now?” has been awarded the 1st Prize in
the paradox of cultures: A Yin Yang
“EdgeFarm - CII (Western Region) HR Case
perspective, paper accepted for presentation to
Study Writing Competition. The competition
the Academy of International Business 2015
was organized by the Western Region of CII on
Annual Meeting, Bangalore, India, June 27 - 30,
February 27th in Mumbai.
2015.
• Prof. Kumar Kunal Kamal's paper has been • Prof. Madhu Veeraraghavan's paper titled
accepted for presentation at the annual
"Executive Equity Risk-Taking Incentives and
meetings of the following societies and top
Audit Service Pricing" (co-authored with
ranked conferences.
Yangyang Chen (Monash), Ferdinand Gul Academy of Management (AOM)
(Monash) and Leon Zolotoy (University of
Kumar, K. K. & Mishra, S. K. (2015),
Melbourne) has been accepted for publication in
Subordinate-superior upward communication:
The Accounting Review (TAR). TAR is the
The effect of power, politics, and political skill,
number one journal in the area of Accounting (A*
paper accepted for presentation to The 75th
ranked in ABDC ranking) and is published by the
Annual Meeting of the Academy of
American Accounting Association. The impact
Management, Vancouver, Canada, August
factor of TAR is 2.418 and the 5-year impact
7-11, 2014.
factor is 3.404. • A proposal titled 'Rotten Apples: The Effect of
European Group for Organizational Studies
Corporate Fraud on the Reputation of
(EGOS)
Independent Directors' submitted for funding
Kumar, K.K. & Mishra, S. K. (2015),
under the NSE-IGIDR-CG Research Initiative
Subordinate-superior upward communication:
has been accepted by the Review Committee.
The effect of leader-member exchange and
They have been awarded research funding of
interactional justice, paper accepted for
USD 2000. The Chief Investigators of the
presentation to the 31st EGOS Colloquium,
project include Professors Suman Neupane
Athens, Greece, July 02-04, 2015.
(Griffith University, Brisbane), Pradeepta Sethi 16 1
and Madhu Veeraraghavan (TAPMI), and Dr. Prabhakar Patil (SEBI). • Prof. Sankalpa Bhattacharjee's paper titled 'Investigating India's competitive edge in the IT-ITeS sector' has been accepted for publication in the IIMB Management Review. This paper is co-authored with Dr. Debkumar Chakrabarti. IIMB Management Review is a B ranked journal in the 2013 ABDC Rankings. • Prof. Seena Biju's paper titled “Conforming Aaker's Brand Personality Dimensions on the Advertising Industry - A study in the UAE”, with Khyati Shetty, Manipal University Dubai, UAE has been awarded the Best Paper Award in the Marketing Area at the 11th International Business and Social Sciences Research Conference, Dubai co-organized by the World Business Institute, Australia and American Research and Publication International, USA. co-authored with Khyati Shetty, Manipal University Dubai, UAE has been awarded the Best Paper Award in the Marketing Area at the 11th International Business and Social Sciences Research Conference, Dubai co-organized by the World Business Institute, Australia and American Research and Publication International, USA.
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TAPMI, Manipal P. B. No: 9, Manipal - 576104, Karnataka Ph: 0820 - 2701000 Fax: 0820 - 2570699 E-mail: tapmi@tapmi.edu.in Website: www.tapmi.edu.in