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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