Face to Face March - April 2015 Issue

Volume 4.3-4.4 March-April2015

Wishing you the twentieth inception year of IFIM Business School

Face to Face brings out its new edition of newsletter to provide information on happenings at IFIM Business School Bangalore.

Contents: Ÿ

IFIM Kanyathon 2015- A Grand Success

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Dr. Gunjan Mohan Sharma’s paper published in the Journal of Business and Economics published by Academic Star Publishing Company, USA

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Prof.Shaji Kurian’s paper on "Sustainable Performance Management Practices in SME – A Study of Machine Tool Companies in India. " co-authored with Director Dr. Madhumita has been accepted for the 13th South Asian Management Forum 2015

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Prof Chowdari Prasad, Dean (Planning & Development) and Dr Sridevi V, Associate Professor (Finance) & Head of Finance Department attend AACSB Seminars at Delhi.

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Annual awards for Best Staff and Best Faculty

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Book Fair held on Campus on 9th March

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Pledge for donation of Eyes and Eye Testing Camp at IFIM College held on 11th March.

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Exclusive Demat Account Opening Session with Prabhudas Lilladher for IFIM Students

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Annual Sports Day conducted on 24th March

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IFIM B School wins "Most promising B-School with excellent Industry Interface in Karnataka" award at Asia Education Summit 2015 organized by World Wide Achievers in New Delhi

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The Toastmasters Club organized the Area-level International Public Speaking Competition held at IFIM Auditorium on 27th March.

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Dr Hari Krishna Maram felicitated with the Skill Tree Education Evangelist Award on 29th March.

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IFIM Institutions gets re-certi ed with ISO 9001:2008 accreditation

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Prof Chowdari Prasad delivers guest lecture on “Challenges, Priorities and Recent Trends in Banking Sector” Editorial Board Managing Editor – Dr. Madhumita Chatterji, Director Email: director@i mbschool.com Mob: +91 98441 71648 Chief Editors – Dr Hari Krishna Maram – Director, PR IFIM Group Email: drmaram@i mbschool.com Mob: +91 98453 82308 Prof. Chowdari Prasad, Dean- Planning & Development Email: chowdari.prasad@i mbschool.com Mob: +91 94825 49472 Executive Editors – Ms. Josmi Joseph, Marushka Monette, Shikha Kumari Email: josmi.j@i mbschool.com Mob: +91 95389 25099 Email: marushka.monette@i mbschool.com Mob: +91 99005 35880 Email: shikha.kumari@i mbschool.com Mob: +91 99722 95833 Creative Head-Mr. Naveen Kumar E-mail: naveen.kumar@i mbschool.com Mob: +91 98801 74850

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IFIM Kanyathon 2015 – A Grand Success

this year to be dedicated to educating and saving the girl

IFIM KANYATHON 2015 – The annual 5 K Charity Run

child. On the occasion of International Women’s Day, let

which supported the cause to Save the Girl Child was a

us all take an oath to save the girl child, and see all

huge success. On 8th March 2015 IFIM Business School,

women progress. The next Prime Minister will be a

in association with OXFAM India & S.A.F.E (Students

woman.”

Against Female Exploitation), an organisation formed by the students of IFIM, conducted a charity run at State Central Library Campus, Cubbon Park. The run was agged off at 6 30 am. The Guest of Honour was Mr.Ananth Kumar, Union Minister of Chemicals and Fertilizers, and international paralympic swimmer Sharath Gayakwad was also present. Kanyathon 2015 was a one of its kind event as it was a fund raiser for a good cause organized by students, promoting social responsibility.

This unique initiative, held on International Women’s Day attracted approximately 2000+ Bangaloreans from all walks of life. The participants of both genders, varying from students to working professionals, started and ended the run at Cubbon Park, and covered a

IFIM B School’s Dr. Gunjan Mohan Sharma published

distance of 5 km in total. IFIM has been successfully

a paper in the Journal of Business and Economics

organizing Kanyathon for the past 4 years. It was

published by Academic Star Publishing Company,

originally started in 2011. The three major objectives for

USA.

Kanyathon 2015 were Save the Girl Child, Women

Dr. Gunjan Sharma’s research paper presentation titled

Empowerment and Awareness against Female

Work-schedule Flexibility, Job Satisfaction and

Exploitation. Every participant was given a certi cate

Employee Turnover: A Study of B-Schools’ Teachers in

besides energy drinks & refreshments.

India "in Global Conference on “Managing in Recovering Markets at MDI, Gurgaon on 12th March was lauded by academicians & researchers who were present there.

The Journal of Business and Economics (ISSN 21557950), a professional journal published by Academic Star Publishing Company, USA has requested him to send the paper for printing in their journal and have also invited him to be on their Editorial Board.

Journal of Business and Economics is an international,

Speaking on the occasion Union Minister Mr Ananth Kumar said “In today’s time it is absolutely essential to stress on the importance of women empowerment. Our Prime Minister has declared

professional, and peer reviewed journal, published monthly in English by Academic Star Publishing Company, USA. Contributions are sought from all functional areas of business

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(marketing, management, nance, accounting, decision

IFIM B School faculty members attended AACSB

sciences, operations research and economics) and from

Seminars at Delhi

other disciplines as long as the material is business or

Prof Chowdari Prasad, Dean (Planning & Development)

economics oriented. The focus of the publication is

and Dr Sridevi V, Associate Professor (Finance) & Head of

original completed research that has application to

Finance Department attended two AACSB Seminars at

academicians, researchers, business persons and public

Delhi of two days duration each.

policy makers within the broad areas of business and

The rst seminar on ‘Business Accreditation’ was held on

economics.

Feb 24 and 25, 2015. The second seminar on ‘Assurance of Learning’ was held on Feb 26 and 27, 2015.

Prof.Shaji Kurian’s paper co-authored with our

Both the seminars were held in New Delhi anchored by

Director Dr.Madhumita has been accepted for the

Dr Eileen Peacock, Senior Vice President and Chief

13th South Asian Management Forum 2015

Officer Asia Paci c, of AACSB International, Dr Jacob

Prof.Shaji Kurian’s paper on "Sustainable Performance

Chacko, Dean of the College of Business Administration

Management Practices in SME – A Study of Machine Tool

at Abu Dhabi University and Dr Arun Periera, Clinical

Companies in India. " co-authored with our Director

Associate Professor and Executive Director, Centre for

Dr.Madhumita has been accepted for the 13th South

Teaching, Learning, and Case Development, Indian

Asian Management Forum 2015 held on 26th-27th

School of Business. The Seminars were held at Hotel

March in Colombo, Sri Lanka.

Crowne Plaza New Delhi Okhla Community Centre

The core themes were grouped under the following

Phase – 1

headings; [A] Management Challenges and Sustainability Issues in the 21st Century [B] Sustainability for Management Education [C] Sustainability in creating real value [D] Corporate Social Responsibility (CSR) [E] Sustainable Business Management: Global Dimensions [F] Management Practices of Sustainable Businesses in South Asia The Conference was held at Hotel Taj Samudra Colombo, Sri Lanka

Annual Awards at IFIM On the occasion of the 20th Year Founder’s Day celebration, IFIM presented the annual awards for best faculty and staff of the year. The Best Faculty Awards were giving to:

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Prof. Nagalakshmi S of IFIM College

Book Fair held on Campus on 9th March On 9th of March 2015, IFIM Business School held a book exhibition-cum-sale. The exhibition was organized by 'Library' headed by Mr. Mahadeva and Team, at the Institute’s campus from 10 am to 6.30 pm. It witnessed a warm response from students and faculty with a footfall to the tune of around 150. A wide range of books from all disciplines of education was displayed and it was ction that saw the greatest takers. Other areas of interest were Management Books like ‘B-School in 21st century’, ‘Grand Brand Rajni’, ‘Indian Foreign Policy’, etc.

The objective of this book exhibition was to promote perpetual learnings, intellectual development and selfimprovement as major factors of social integration. More

Dr. Sridevi Varanasi of IFIM B-School

than ten publishers exhibited their new editions across various streams. Some of the leading publishers like Cambridge, Koganpage, Routepage, Anmol, etc. were the highlights of the fair.

The books were reasonably priced between Rs 200/- to Rs 5000/- making it pocket friendly for students, thus ensuring no one returns empty handed. Being an intrinsic part of such fairs helps in developing the habit of reading books. It is a device to spread culture, education and knowledge. It changes our outlook on life and widens our domain of learning.

Best staff of the year was presented to Mr. Prasanna G C of IFIM B-School

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IFIM College leads the ‘Pledge for donation of Eyes

build collaboration in research, faculty and student

and Eye Testing Camp’

exchange.

On 11th March, the NSS Unit and YRC Wing of IFIM

With a history traceable to 1875, the Glasgow

College jointly planned to conduct 'Pledge for donation

Caledonian University was formally instituted in 1993 by

of Eyes and Eye Testing Camp' through Lions Club

an Act of Parliament that created Glasgow’s third

International and Dr Agarwal's Chain of Eye Hospitals in

university, and what would become one of Scotland’s

connection to the Founder's Day Celebrations Students

largest universities with more than 18,000 students. IFIM

from both College and B-School participated.

is looking forward to much more international collaboration in the future

After the testing, the students were advised by the quali ed doctor about how the eyes must be taken care of. For further testing and treatment they were given coupons which entitled them to avail a discount of 50%

Dr Hari Krishna Maram, Director-PR, IFIM, is elected

at any of their hospitals. A total of 140 students got their

as the Chairperson for Karnataka Chapter of Higher

eyes tested and 130 students signed the pledge to

Education Forum (HEF)

donate their eyes.

Dr Hari Krishna Maram, the Director-Public Relations at IFIM Group, has been an active member in the eld of Management Education in India. This year he has been elected as the Chairperson for Karnataka Chapter of Higher Education Forum (HEF).

IFIM hosts dignitaries from Glasgow Caledonian University, United Kingdom Honourable dignitaries from Glasgow Caledonian University, a public University in Glasgow, Scotland visited IFIM Campus on March 17th to

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IFIM Institutions Celebrates its Annual Sports Day

participation and enthusiasm from all the college

IFIM College marks its commitment to the signi cance of

students.

sports in student life by celebrating its Annual Sports

The ground was lled with cheers and excitements as

Day on March 24th 2015 at the IFIM Hostel Grounds. IFIM

the results were announced. Before giving away the

College believes that sportsmanship not only brings

prizes and certi cates Mrs. Kalpana Padode- Director,

forth the athlete in every student, but also shapes,

Home Catering Services, addressed the gathering and

solidi es and celebrates the importance of sports in our

expressed her appreciation for the event and

country.

congratulated the prize winners. Mr Manu M Manohar, the Wellness Expert of IFIM Institutions and Mr Sujith, the trainer and Coach both led the events with full spirits.

The entire meet was compeered by Ms Sinzy Sylvester, the Head of Computer Applications Department. The Principal, Dr N Ramu blessed the students with encouraging words. Finally the Convener of Sports Committee Mr Venkatesh.B.B expressed gratitude to Mrs Kalpana Padode for gracing the event with her presence and others for their respective roles through the Vote of Thanks.

Conducting events like Sports Day offers a large number of opportunities to introduce students to a sports integrated lifestyle. These events raise the self-esteem of the youth and give them con dence to function

The event began with a welcome speech by Prof.

effortlessly.

Azeema Tabassum which was followed by lighting of the

IFIM B School wins "Most promising B-School with

torch by the chief guest Mr. Mohan, Director at Centre for

excellent Industry Interface in Karnataka" award at

Continuous Employability, who declared the sports

Asia Education Summit 2015, in New Delhi

meet open. The ground looked colorful with houses

Worldwide Achievers and PERSON (People for Education

glowing in Vibrant Red, Majestic yellow, scintillating blue

Research Scholarship & Outward Nutrition) organized

and glittering Green. Before the commencement of the

the 5th Asia Education Summit 2015 - Asia's most

event the Director Prof. M.S. Lakshmi Narayanan

authoritative Conference & Awards for the Education at

addressed the gathering and motivated the students to

The Ashok, New Delhi on Wednesday, 25th March 2015.

give their best performance.

It was attended by IFIM’s Dean Planning & Development,

The Sports Day began with the track events of 50 meter

Professor Chowdari Prasad.

dash consisting of four boys and four girls per house

IFIM Business School Bangalore received an award for

followed by the 100 meter dash. Other individual events

being recognized as the 'Most promising B-School with

with great number of participants per house included

Excellent Industry Interface in Karnataka' at the Summit

8X50 meters relay and Medicine ball throw .The three

this year. Asia Education Summit for Education is a

team events of Football, Cricket and Throw ball

premier international platform dedicated to innovation

witnessed maximum

and creative action

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in education where top decision-makers share insights

International. In all, 72 Institutions, engaged in different

with on-the-ground practitioners and collaborate to

levels and areas of education were honoured at the

rethink education. The Award recognized the

event. The Chief Guest on the occasion was Mr Abhinav

professional contributions and academic achievement

Bindra, Olympian medalist, along with Mr Maninderjeet

of IFIM Business School in the area of education.

Singh Bitta, Anti-Terrorist Activist and Mr Neeraj Kamsal of Sports Authority of India.

Speaking on the event, Dr Madhumita Chatterji, Director IFIM B School said “IFIM has always remained at the forefront when it comes to innovation in education and industry interface. It has many rsts to its credit not only in India but also internationally such as its award winning compulsory Industry Internship Program (IIP), rst of its kind Personality Enhance Program (PEP) which is a holistic intervention to improve the overall personality of the student including wellness and Introduction of the rst collaborative AICTE approved program in Business Analytics along with IBM. This is indeed a proud moment for us. The award is dedicated to the entire IFIM family who believes in continuous The award served as recognition of a signi cant

transformation through innovative practices.”

contribution to institution building process as an illustrious career to its students, distinguishing

The Toastmasters Club organizes Area-level

Institutions that are well respected by the community of

International Public Speaking Competition held at

students, researchers, faculty and practitioners.

IFIM Auditorium on 27th March

The India Education Excellence Awards ceremony was a

Toastmasters International is the leading nonpro t

wonderful opportunity for stakeholders in the eld of

educational organization that operates clubs worldwide

education, all over the world, to create opportunities of

for the purpose of helping members improve their

progress at all levels –National &

communication, public speaking, and leadership skills.

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Keeping this philosophy in mind, The Toastmasters Club

the Prabhudas Lilladher Finance Lab within the IFIM

organized the Area-level International Public Speaking

campus. On Friday March 20 2015, Two representatives

Competition held at IFIM Auditorium on 27th March

from Prabhudas Lilladher visited IFIM Business School

2015. IFIM B School was proud to be a host and learn the

and explained the process of opening Demat Accounts,

art of communication and leadership designed to help

and all the advantages associated with it. This Session

all students learn the arts of speaking, listening, and

took place at Prabhudas Lilladher Lab itself.

thinking.

Additional Features available for the students

Dr Hari Krishna Maram was felicitated with the Skill

partnering with Prabhudas Lilladher are that they are

Tree Education Evangelist Award “Pillar for

providing live Phone-support for investment queries.

Management Education”

Since their success rate is more than 75% -high accuracy

Dr Hari Krishna Maram, Director- PR, IFIM Group, was

of this rate is usually not found with the other rm’s

bestowed the Skill Tree Education Evangelist award 2015

demat accounts. They patiently clari ed the doubts of

at JW Marriott, Bangalore. He was felicitated and

students regarding the account opening and trading.

appreciated by Sri R.V. Deshpande, Higher Education

Thanks to the informative presentation, most of the

and Tourism Minister, Govt. of India on 29th March 2015.

students are opening their Dmat accounts and utilizing

Every year, Skill Tree documents the journey of various

this golden opportunity.

educational institutions in India, shares concerns and updates in the education eld and creates awareness

PGDM Finance Students experience a Live Trading

about great work in the industry. After 8 months of long

Session by nancial expert Prof. Premsundar Iyengar

journey in research, shooting, on air show, they awarded

On 13th march 2015 a live trading session was

the best education thought leaders. Bangalore truly

conducted by Prof. Premsundar iyengar.

witnessed the journey and success stories of various

The NSE Market was opened at Rs.8873 at 9:15AM which

achievers. The night was a tribute to those visionaries

was higher than the previous day’s close and it was the

who stayed behind the wall and still worked with

indication that the market is in bull mode. Two days

complete dedication to education.

before the live trading the market had entered in to bear mode and the day was a narrow 7 day. Therefore it was expected that market may go up or down to a great extent.

At the end of the rst half an hour the market went down to Rs.8848 and in the 4th half an hour the market lost about 46 points again and reached Rs.8802. The volume traded had also been increasing for every half an hour.

The market was analyzed by using ABCD analysis; this is the technique from Prof. Premsundar Iyengar’s own experience. By this technique one who is interested in

Demat Account Opening Session with Prabhudas Lilladher Prabhudass Lilladher is a leading stock broking rm in India who has partnered with IFIM and launched

trading and wants to trade can know when to sell and buy. he explained in detail every part of this type of analysis and enlightened the students on the methods to maximize pro ts and minimize losses in intraday trading.

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At the end of the session at 12PM the market had lost

processes are executed efficiently. The QMS was

almost 80 points witnessed by the students, and at the

implemented to document IFIM’s best practices, satisfy

end of the day it lost about 200 points. Prof. Premsundar

the requirements and expectations of the students and

Iyengar explained every instant of the market well and

improve the overall management. Both IFIM B School

gave valuable suggestions as short selling and also the

and IFIM College were audited in March 2015 by Bureau

use of Stop loss order. He quoted the day as a ‘trending

Veritas, one of the world’s leading providers of

day’.

independent assessment services, to review the completeness of documentation and to assess the effectiveness and implementation as well as the compliance of IFIM’s QMS to the requirements of the ISO 9001:2008 standards.

Speaking on the occasion, Dr Madhumita Chatterji, Director IFIM B School said “IFIM Institution’s achievement of the ISO 9001:2008 recerti cation strengthens and enforces its vision and promise to provide sustained quality academic and educational services, research and socially relevant curriculum for the bene t of all the students” IFIM Institutions will continue to progress and distinguish themselves as pioneering education providers in India. An international certi cation like ISO creates immense opportunities for collaborations and

IFIM Institutions gets re-certi ed with ISO 9001:2008

partnerships with local and international organizations

accreditation

and the industry. It is an official validation that the QMS

On Bangalore, 31st March 2015 Two IFIM Group

policies and procedures implemented are generating

Institutions have been awarded the prestigious ISO

results, producing industry- ready professionals, and

9001:2008 Quality Management Systems certi cation

have the required experience and precision to meet

by Bureau Veritas . IFIM College has been recommended

student requirements and expectations.

for the ISO 9001:2008 certi cation and IFIM Business

Prof Chowdari Prasad delivers guest lecture on

School has been recommended for ISO 9001:2008

“Challenges, Priorities and Recent Trends in Banking

recerti cation.

Sector”

The ISO 9001:2008 certi cation means that the quality of

Prof Chowdari Prasad Dean (Planning & Development)

the Institute’s processes and standards are on par with

delivered a Guest Lecture on the topic “Challenges,

international management systems. It also means that

Priorities and Recent Trends in Banking Sector”, to

both IFIM Business School and IFIM College have

students of 1st year M.Com., on March 28, 2015 at

instituted quality assurance methods in teaching,

Maharani Lakshmi Ammanni College for Women, 18th

research and support services, and have built

Cross, Malleswaram, Bangalore.

procedures for its maintenance. In formalizing and maintaining its quality assurance methods, it can be assured that education services and research quality remains at its best and all

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