IMPRINTS Edition No.: 48 | SIMSR Alumni Newsletter | February 2019
In This Issue: AlumSpeaks with Mr. Vikram Bhatt
Team ALCOM Speaks Team ALCOM is pleased to present to you the February edition of Imprints. This edition features an exclusive interview with Mr. Vikram Bhatt, Alum of
SIFICO
Batch 1995-97, CEO & Founder of Enrich Salon. This edition also talks about various events that took place in SIMSR over the month of January like
SICTIM
SIFICO ‘19, SITCIM ‘19, Somaiya Alumni Reunion, and much more
Imprints Feedback
Melange
SIMSR City Meets 2019
SIMSR City Meets 2019 will be held across 8 cities in India
It provides an excellent opportunity for Alumni to network and reunite with the SIMSR family away from their Alma Mater
Following are the details of City Meets and CD/PI rounds for PGDM programs batch 2019-21:
We are looking forward for your participation
Placement Report 2019
SIMSR has witnessed fantastic placement and internship season for the year 2018-19 with around 95% placement and 90% internships recorded as early as January 2019
SIMSR Alumni Network for Entrepreneurs (SANE)
The 2nd session of SIMSR Alumni Network for Entrepreneurs (SANE) was held on 12th January, 2019
It is an initiative by the Alumni Committee to provide mentoring to young SIMSR Alumni entrepreneurs by senior Alumni entrepreneurs
It also provides a platform to young entrepreneurs to network and develop business relations and opportunities
AlumSpeaks with Mr. Vikram Bhatt SIMSR Alum Batch 1995-97| Chief Executive Officer & Founder - Enrich Salon Favorite hangout place in SIMSR Maggi House Favorite destination Lonavala
Books/Movies Movies
Favorite cuisine Italian
Favorite hobby Capturing moments of my daughter
Quote you always go by Keep walking An entrepreneur you admire Azim Premji / Ratan Tata
Role model My bosses whom I worked for
Q. You founded Enrich in 1997. How did you come with this idea? Did you have any apprehensions about it initially? A. Enrich started as a friendly venture. It was never planned. It just happened that one of my friends knew about this business and wanted to set up a salon. So, I and my friends supported her as angel investors. We invested some amount which was a huge deal because to open a unisex salon and that too in suburb like Mulund in 1997 was a big risk. But it came from the thought of helping a friend. We didn’t do any analysis and didn’t even think whether it work or not. To be honest, I didn’t even invite my parents for the opening of salon because I was not sure what I would tell them. By 2004, we had four salons, I never publicly acknowledged then that I was a part of Enrich or a founder. I was still doing my corporate job in addition to Enrich. Q. How has the journey of Enrich been? A. In 1997, when we started, we never thought it would become so big. We never thought that there would be so much growth and opportunity in this business. In terms of growth and scale, the business we used to do in a month then; now we are able to do it in half a day today! It has grown substantially since then. The business has become more structured, organized and respectable from what it used to be. Earlier, we had faced difficulties to find right talent; people with good communication skills. It was not treated as one of the respectable jobs. But things changed over the years, Enrich as a brand has also contributed in bringing about this change and also respect for this business as a whole. We have also focused extensively on training and development of our professionals and upgrading their skills because it is an industry built on customer relationship and service. Q. E-commerce has changed the way how people operate in today's times, how have you adapted to the new business dynamics? A. We acquired a salon called Belita in 2016; which provides home salon service. Belita was one of the 1 st salon which provided organized home salon service. This acquisition enabled us to serve our customers at their home. We have leveraged e-commerce as a convenience model for our customer i.e. sometimes it is not possible for customer to visit salon or they want the service early morning or late night. With changing business dynamics, we are able to serve our customers at their homes.
Having an entrepreneurial spirit is more important than being an entrepreneur. Try to have that spirit irrespective of whether you are at job, studies or anywhere else Q. From your professional career, if you were given a chance to do things differently-what would that be? A. I am one of the few blessed ones who has been extremely lucky in terms of family, friends and corporate relationships. Good things kept happening around I never felt any constraint around me. I kept on doing what I believed in and everything kept falling in place. I faced transitional and operational challenges but it was the spirit within me and my team which made all the difference. Q. What were the significant learnings you learnt during the 2 years at SIMSR? A. I have been part of Somaiya for 19 years. The kind of culture and value system Somaiya has provided has contributed significantly in my life. The atmosphere of Somaiya has been very humble and cooperative. I really think these values has helped me significantly in my life as a whole. When I got my first job with Bombay Burmah; my first assignment was to create an MIS for 4-5 companies. All these companies were very different in terms of their portfolio. I was able to do it successfully because of the subjects I studied in my MBA. It also proved to be a stepping stone in my career. Q. What would be your advice for the students/young alumni who are looking at entrepreneurship as a career? A. Being an entrepreneur is a great achievement. But I would advise everyone to take calculated risk. After graduation, expose yourself to an environment which is not under you control; rather you are a part of the system. This will help you learn and grow. When you are entrepreneur you have to take all the decisions. So being a part of the system which is not under your control will give you an overall perspective which will help you become better in your entrepreneurial journey. I would just say that having an entrepreneurial spirit is more important than being an entrepreneur. Try to have that spirit irrespective of whether you are at job, studies or anywhere else. Read full interview here
SIFICO ‘19
The 8th Somaiya International Finance Conference was held on 21st and 22nd January, 2019
The theme of the conference was ‘Future of Financial Markets and Economy under Fintech’
The Keynote speaker was Mr. J.K. Pandey, Chief General Manager at RBI, who spoke on the future of financial markets from a global perspective and its impact on the Indian economy The Guest of Honor Mr. Aparichit Bhandarkar, CEO Dice Fintech enlightened the young audience with career opportunities in Fintech
SICTIM ‘19
The 5th Somaiya International Conference on Technology and Information Management was held on 12th January, 2019 by the IT Department of SIMSR
The theme for the conference Transformation: The change catalyst’
The conference was graced by Mr. Ajay P. Ghatule, Director, Board of Examination and Evaluation, University of Mumbai
The Keynote speakers included Mr. Rohit Kilam, Alum of Batch 1995-97, Head Technology Digital Lending - Aditya Birla Finance and Mr. Kaushal Mehta, Alum of Batch 1997-99, Sr. Vice President - IRAJE Enterprise Data Security
was
‘Digital
Click here for more pics
Melange 2019 - SIMSR’s Flagship Event
Melange, the flagship event of SIMSR, will be held on 15th & 16th February, 2019
The theme for the event is ‘The Evolution of the Businesses’
It is a platform for various management competitions organized by all the student-driven committees
It also includes a celebration of cultures through various cultural competitions
Metamorph 9.0
The 9th edition of the annual cultural festival of MMM, MFM, MHRDM and MIM was held on 5th and 6th January, 2019
The event was inaugurated by Mr. Sukant Maharana, Alum of Batch 2009-12, Senior Information Security Auditor, Capgemini
The Mad Ad event was judged by Mr. Mahesh Barve, Alum of Batch 2011-14, Associate Vice President, Vidooly and Mr. Ankit Majethia, Alum of Batch 2011-14, Co-founder & Creative Director - Hangover Media
A plethora of events such as musical night, fashion show, group dances and music jams kept the audience and the participating student excited
Click here to watch the inaugural ceremony
Job Opportunities - January
Maker Mela at Somaiya Vidyavihar
Total no. of recruiting companies
Total no. of Vacancies
Maker Mela - a premier event for grass root innovations in India was organized from 17th to 19th January
12
16
It was a celebration of arts, crafts, engineering, science, the DIY mindset, maker movement and a platform for like-minded folks who bring to life a diverse range of raw, unique and unconventional ideas
Top recruiting companies Elixir Tech
Solutions Cognizant ICICI Bank KPMG Deal Advisory
Raymond Limited Theron Fifher Scientific Mercer Convert Cart Royal Bank of Scotland Evalueserve
To share or check job opportunities please click or write to us at: simsrjobs@googlegroups.com
Connect with our Alum family by signing up hereAlumni Portal Sign-Up
Somaiya Alumni Reunion Somaiya Alumni Reunion 2019 was held on 19th January at Somaiya Vidyavihar Campus and the theme for the reunion was ‘Millennials’ Mr. Subin Kumar, Alum of Batch 1999-01, Head - Marketing, Solutions, Channels & Operations, Edenred India, was felicitated for his invaluable contribution to SIMSR
Team Alumni Relations Chairperson Dr. Bharati VW Advisor Dr. Radha Iyer
Guest Lecture on Business Analytics
Reshma Shah, Alum of Batch 2004-06, Lead Data Analyst - Chewy.com conducted a guest lecture on Business Analytics - Retail and E-Commerce
The lecture provided students a lot of insights on the recent trends and a better understanding of Retail and E-commerce sector
Head Arvind Pandi Dorai Assistant Manager Hemanchi Hublikar
SIMSR Global Marketing Conference
Team Imprints Chief Editors Arvind Pandi Dorai Hemanchi Hublikar Editors Ankit Kumar Shreyas Bhaskare
SIMSR will host its 14th Global Marketing Conference from 5th-8th February
Prof. Nikunj Kumar Jain, Assistant Professor - IMT Ghaziabad will conduct a workshop on ‘Partial Least Square Structural Equation Modelling’ on 5th and 6th February
Designer Yesha Kulshreshtha Contributors Apurva Bhushan Ayush Khare Divya Yadav Malvi Chawhan Neel Bhinde Neha Jain Ruchika Singh Shubham Shankar Shriti Lodha Varuna Hajela Akanksha Garg (Co-Convener, Alumni Committee)
The registration fees for SIMSR Alumni is INR 2000 and for outsiders is INR 10000
International HR Conference SIMSR’s International HR Conference will be held on 1st and 2nd February Prof. Ramon Rico, Associate Professor - University of Western Australia will facilitate a pre conference workshop on 1st February on the topic ‘Theory building and doing research that is useful for practice’
Click here to know more
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Contact Us
Write to us / Contact us: alcom.simsr@somaiya.edu
022-6728 3120/3295