Let’s Prarambh – The Start up challenge

Saksham – The Entrepreneurship Cell of IIM Udaipur in association with TIE Udaipur, Quikr andMediguest organised the third edition of ‘Prarambh – The 32 Hour Startup Challenge’ from 19th to 21st of February 2016 in IIM Udaipur campus. The event saw participation from 67 students and working professionals, who were shortlisted from a pool of close to 180 applicants hailing from different parts of the country. This event is in line with Saksham’s vision of igniting a spark within the student and startup community to take up innovative ideas and bring them to fruition.

Prarambh follows a format in which a few participants pitch their ideas, from which a select few are chosen through a voting process; the winning idea pitchers ask other participants to join their teams and then start the 32 hour long marathon which spans over a period of two days at the end of which the teams are required to have brainstormed and developed a Minimum Viable Product which could be an app, a working device or just a model having enough data to explain the functioning of the pitched product.

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Prarambh at IIM Udaipur

The participants were mentored by some eminent personalities from the start up world like Mr. Anup Jalan – Entrepreneur, Strategic Advisor, Start-up Mentor,Mr. Sumit Mehrra – CEO at the Green Umbrella Investment Advisory Pvt. Ltd., Mr. Rajan Tawate – Startup Tech/Agile Mentor, Mr. Rajiv Mukherjee – CEO at Incubate-Hub, Mr. Ravi Devulapally – CEO of Edvanta Solutions, Mr. Annkur P Agarwal – Co-founder, Clerk-2-CEO Pricebaba and Mr. Gaurav Mantri – Founder & Head of Technology at Cynapta. The mentors guided the competing teams with their expertise in technology and business. They also used their vast experience in the industry to help the teams to foresee any future challenges and hurdles that would arise when the prototypes would be launched in the markets.

The event was judged by another set of distinguished personalities who have had a diverse experience in the corporate world like Mr. Rajesh Sharma – Director BCCL & National Head of Spring Board Ventures, Mr. Tarun Agrawal – Manager-Portfolio Operations & Investments in Startup Oasis (Initiative of CIIE & RIICO) and Mr. Arun Singhal – Owner of Enrichmentors.

The event turned out to be a fruitful opportunity for both the participants and the judges & mentors to learn from and network with people with similar interests and visions.

 

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Harvard Business school Delegation visits IIMU

An academic delegation of 36 students from Harvard Business School visited IIM Udaipur campus accompanied by Prof. Shawn Coleon the 8th of January 2016. Prof. Cole is the John G. McLean Professor of Business Administration in the Finance Unit at Harvard Business School.He teaches and conducts research on financial services and social enterprise. IIM Udaipur is the only Indian B-school that the contingent visited as part of its Global Immersion Program(GIP) – a course that requires them to visit emerging economies such as India, South Africa, China etc.

The itinerary of the group includes visits to Delhi, Udaipur and Mumbai. The group visited startups in Delhi such as OYO Rooms etc. and provided consultation on various problems and projects.

The group’s visit in Udaipur started with a visit to an NGO, SevaMandir where theydiscussed and advised on various areas such as policy implementation, waste management and effective regulatory approvals.The group also visited a couple of hospitals in Udaipur for a brief observation of the health facilities and medical infrastructure in this part of the world and to compare health services of private and government establishments. It was followed by a joint case study discussion with students of IIM Udaipur at the IIMU campus.

 

Harvard Delegation Visits IIMU

Harvard Delegation Visits IIMU

The session was conducted by IIM Udaipur’s director Prof. Janat Shah and Prof. Cole on a case study discussing the low cost health care model implemented in India by a leading private hospital and the possibilities of replicating the model in emerging economies of South America.

Post the session the students of HBS expressed their satisfaction regarding the fruitful discussion with the students here and also with the teaching methodology at the institute. They highlighted the fact that the pedagogy and the structure of curriculum at IIM Udaipur were similar to the ones at HBS. This exemplifies the standards set by the institute due to itsfocus  onentrepreneurship, research and contribution to society. The visiting members were extremely impressed by the numerous initiatives of the institute such as Rural Immersion, International Business Practices (IBP) and various community development initiatives.

This was indeed a proud moment for IIM Udaipur as a delegation from the most prestigious university in the world visited the institute.IIMU has been amongst the select few B-schools in India which promote such programs and the experience of interacting with the HBS students is a great learning experience for the students.

 

Solaris – A historic moment

solarisA college which sets trends for its contemporaries to follow has come up with a new benchmark for others. IIM Udaipur is ready to host its Maiden management fest – Solaris which will be held on the 7th and 8th of November.

‘Solaris’, a name coined in sync with the famously sunny disposition of Rajasthan skies is set to touch a cherished milestone envisioned ever since the inception of IIM Udaipur. A two-day long extravaganza full of events to keep some of India’s most brilliant minds engaged, Solaris is entirely conceptualized and managed by students of the institute.

The event is planned to present an enthralling keynote address from distinguished luminaries like Dr. Subir Gokarnthe youngest ever Deputy Governor of RBI . He shall be flagging off the management fest with tales of his work and impart wisdom in the young minds present in the audience and also to some of the other revered personalities present there.

Summits

The event commences the flagship event of ‘Solaris’- The Leadership Summit. The event is one of four summits taking place in this business extravaganza which has been brought to life by the Media and Industry Interaction Cell (MiiC) of IIM Udaipur.

The Leadership Summit will be followed by the annual marketing conclave named Samvaah organized completely by the marketing club- Marclan. The club which tries to instill a zeal for marketing in the college as well as beyond believes that the world of marketing is changing from the tried and tested concepts of the old. Marclan put in untiring effort and diligence into finding the perfect panel for a discussion on “The future of marketing”.

The second day commences with the finance summit- Arth-Samvaad, the flagship event of the finance club- Finomina. The summit provides a platform for future financial managers to interact with industry stalwarts and discuss the changing trends in the world of finance and economics.

The final summit will bring the era of tech-startups to light. The world of IT has spread across all domains and infiltrated every walk of life. The summit – Technovate will be organized by Saksham – the E-cell at IIMU.

Competitions and workshops

The fest continues with a stimulating line up of events and competitions conducted by the marketing club- Marclan, a business quiz conducted by the Literary and Quizzing society- Potpourri along with individual events by the entrepreneurship cell- Saksham and the finance club- Finomina. A workshop in analytics will be conducted by the IT cell of the college connect-IT.

The maiden fest of IIM Udaipur is destined to be a great success and put the event as amongst the top ranking business extravaganzas of the country. As the torchbearers light the proverbial inaugural lamp IIM Udaipur opens its doors for the world to see the rising sun that is ‘Solaris’. Ignite. Illuminate. Inspire.

A Splendid Display of Determination and ‘Shaurya’

The contingent from IIM Udaipur has made the institute proud at the Annual sports fest of IIM Ahmedabad, Shaurya, which was held recently in the hallowed environs of the esteemed college. The team participated in six sports and the performance in these events helped the institute clinch an overall top ten finish amongst the umpteen numbers of teams. This was largely due to the brilliant performances which eventually led to third place finishes in football, Table Tennis and badminton.

Football Team

Shaurya is an event eagerly awaited by the sports contingent of all B-schools because of the intense competition and also is an amazing breakaway from the hectic life of an MBA student. The same goes for the students who participated from IIMU, both PGP1 and PGP2, who despite the hectic B-school schedules trained regularly and wholeheartedly for every event. The football and table tennis teams defeated IIM Indore in their respective quarterfinals. The football match specifically was a nail-biting contest, with IIM Udaipur finally prevailing on penalties. Carrom too was an event the team excelled in with following players: Sameer, Prasad and Sanish clinching third place. The squash, snooker and badminton teams tried their utmost and the institute applauds their efforts. A special mention for one of the football players Ejas, who despite an injury played in two sports, badminton and football, exemplifying dedication and commitment to doing well at the tournament.

All in all, it was an amazing experience for the team and the students of IIM Udaipur are extremely proud of the contingent. The IIMU community is confident that more laurels are yet to come. The sportsmen of the institute aim to strive hard and improve on this years’ already amazing performance in Shaurya.

These matches were testament to the hard work and determination of the students and showed that sports is given its due importance at IIM Udaipur

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Table Tennis players of the institute:  Saleem, Saptarishi, Siddharth & Vidit.

The Football team: Anurag Gupta, Ejas, Gazzali, Jomba, Manjeet, Prateek, Rachit, Roland, Saleem, Sameer, Sarvana, Saurabh,Shankar, Vidit & Vignesh.

Carom players: Sameer, Sanish and Prasad.

Dhandha- Chase your Dream !!

Entrepreneurship as such is a dream. Even one who has no skills and no wit, dreams of it. Yet, the feeling is one that escapes many. To be able to run a brand new business, especially one that you have envisioned and developed isn’t something everyone gets a chance to do. However everyone should give it at least one shot.

IIM Udaipur since its inception has given special incentives and support to those who wish to venture on their own and create businesses. Keeping up with the tradition, Saksham- The E-Cell of IIM Udaipur created the concept of Dhandha. The event was conducted on 11/07/2015.

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Dhandha was a fun filled event created with the intention of promoting entrepreneurship on campus. Its main ploy was to let people chase dreams or small scale ideas that could be scaled up later in an advent of getting the feel of what running a business venture feels like. 50 students participated and were fragmented into six teams. Each was then given Rs.400 and a few hours to do what they wanted to. Where some made and sold fruit ice creams, others went to the extent of ironing clothes. Some even decided to trade in consumables and in the spirit of the game it was allowed.

The teams were then judged on the basis of not only the profit made but also the scalability of the idea, innovation and the sustainability of the model. It was pleasant to know that nearly all, even those who had just barely done the logistics had an idea of how to scale up and what would be required to do so. The event also brought the members of the teams closer to each other and in all was a success. Finally the team that won was “Dhandhaneurs”.

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The main reasons the judges chose them were their innovation and relevance to the concept and the situation, rather the context. Second the marketing gimmicks as well as the ‘on the spot’ learnings displayed from customer feedbacks were also taken into picture by them. These qualities, the judges found were crucial to running a business. Apart from this the ‘Most Creative award’ was given to ‘The Lalas’.

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All in all, the participants enjoyed a lot during the event and got a glimpse of the criticalities involved in running even a small business. We admire the enthusiasm of all PGP1’s and hope the spirit of entrepreneurship keeps growing.

 

Business Standard B-Scool Quiz

For over 40 years, Business Standard has ensured that students are up-to-date with all the news and insights that one needs. Backed by India`s most respected editorial team, it is the business daily of choice for leaders and managers. Needless to say, insightful opinions, incisive analysis and in-depth coverage delivered credibly and in an unbiased manner has been its forte. Business Standard, India’s premier business daily has been at the forefront of recognizing excellence in corporate India over the past decade and more. They have also been recognizing excellence among tomorrow’s managers by instituting the Business Standard B-school Quiz.

Recently, Business Standard conducted the B-school Quiz competition for the students of IIMU. The first round of the quiz competition was conducted on 23rd July in the classrooms of the institute itself. A total of 60 students participated in the Quiz. This round was supervised by two representatives of Business Standard and organized by the Media and Industry Interaction Cell of IIMU. The first round had multiple choice questions from a variety of domains covering topics such as:

A. Mergers/acquisitions

B. Investment

C .About CEO’s

D. New launches

E. Brand Awareness

F. Current happenings

After evaluation of all the candidates papers the top three scorers were given medals and certificates. The winner of the quiz was Anand Desai, a PGP2 student. The 1st runner-up was Vimal Prakash, again a PGP2 student. And finally, the 2nd runner-up was Anirudh Kumar, a PGP1 student.

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Going ahead, Round 2 will be a regional round where winners from the previous round (2 participants per college) will be invited to participate in the competition and if they win,they will qualify for national round. This round will be managed by a prominent Quiz Master.

Successful completion of Final Placements of PGP Batch 2013-2015 at IIM Udaipur

Indian Institute of Management Udaipur successfully concluded its final placement season for the class of 2015 of its flagship Post Graduate Programme (PGP). The institute achieved an incredible feat of 100% placement yet again as the big corporate houses in the industry continued to trust the quality of the management education delivered.

This year, 48 companies made 104 offers across various domains. The institute showed its marketing prowess as Sales & Marketing domain continued to offer the highest number of offers.

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All the three major sectors Banking/Financial, Manufacturing/Engineering/Energy and IT/ITes competed strength to strength with almost equal number of recruitment offers.

The outgoing PGP 2013-15 batch made numerous contributions to building a competitive culture in the institute with significant achievements in diverse fields such as extra-curricular activities, event management, entrepreneurship , business competitions, sports, cultural festival and social activities. The robust placement season concluded with impressive statistics of average salary of Rs. 13.62 lakhs per annum for the top quartile. The average placement figures for the top 50 percentile stood at Rs. 12.20 lakhs per annum. The changing business scenario influenced companies to hire the quality talent for assigning key roles and responsibilities with average salary of Rs. 10.28 lakhs per annum.

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The institute continued to strengthen its association with past recruiters like Accenture, Aranca, Bajaj Auto, Cognizant Technology Solutions, GE, Genpact, ICICI Bank, Mindtree, Mother Dairy, Quikr, Showman Logistics, Titan, Vedanta, Wipro, Yes Bank to name a few.

The institute also takes immense pride in associating with prominent first time recruiters like ACG Pharma, Amul, Berger Paints, Bharat Forge, Cognizant Business Consulting, CRISIL, Cummins, Deloitte US, ExxonMobil, Fidelity Investments, Jindal Steel & Power, KPMG, MAQ Software, Meru Cabs, RBL Bank, Raychem RPG and United Breweries.

10% of the students were offered pre-placement job (PPO) and pre-placement interview (PPI) based on their performance during the summer internship.

International offers were made by Xpress Money and ASC Thailand. Companies including ACG Pharma and India Pistons offered leadership roles such as Executive Assistant to CEO.

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Fostering the spirit of entrepreneurship, the institute takes pride to announce 2 year placement holiday to 3 students who took the road less travelled and opted out placement process to pursue their ventures. To support their endeavors, IIM Udaipur will also provide them the financial support in the form of monthly stipend of Rs. 20,000 per month.

The institute is proud to be one of the few B-Schools that follow the Indian Placement Reporting Standards (IPRS) to bring transparency in reporting its placement statistics.

Follow the below link for detailed final placement report PGP 2013-15 (Unaudited)-

http://iimu.ac.in/images/pdf/IIMU_PGP_FINAL_PLACEMENT_REPORT_APR09.pdf

IIM Udaipur hosts 3rd Annual Convocation on March 21, 2015

Indian Institute of Management Udaipur (IIM Udaipur) hosted its 3rd Annual Convocation on Saturday, March 21, 2015. The occasion witnessed a ceremony with eminent stalwarts of the industry and society drawn together in an engaging alliance. The Ceremony was held at MLSU Auditorium of Mohan Lal Sukhadia University Campus.

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This year, the Chief Guest of the event was Mr. R. Gopalakrishnan, Chairman of Tata Sons. The convocation was declared open by Mr. C.K. Birla, Chairperson of the Board of Governors of IIMU. In his welcome address, Mr. C.K. Birla expressed his sincere gratitude to Mr. Gopalakrishnan for having agreed to deliver the 3rd Annual Convocation address at IIM Udaipur.

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Mr. Birla shared his vision for IIM Udaipur which aspires to be a forefront for management research, while also doing well for the community as well. In his message for the graduating young future managers, he said “It is a competitive world out there and you can take on any challenge the world throws at you. Guard your values & beliefs and everything you have.”

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The honorable Chief Guest Mr. R Gopalakrishnan in his convocation address advised the graduating students to always balance their professional life with their personal life. He told students that when you go out in the society it will be good to remind themselves about all the labors that have been put into them by their parents, teachers & mentors.

Prof. Janat Shah, Director of the Institute, delivered the concluding address. Prof. Shah told the passing out batch that the Institute has the confidence that they will make the Institute as well as the country proud through their achievements.

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During the third Convocation, 11 Post Graduate Programme in Management for Executives (PGPX) participants and 110 Post Graduate Programme (PGP) participants received the Diploma.

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Medals for Academic Excellence were presented to the following students by the Chief Guest:

  • The IIM Udaipur Gold Medal for Scholastic Performance (Post Graduate Programme) – Mr. Angad Singh Abrol
  • The IIM Udaipur Gold Medal for Best All-Round Performance (Post Graduate Programme) – Mr. Angad Singh Abrol
  • The IIM Udaipur Gold Medal for Scholastic Performance (Post Graduate Programme for Executives) – Mr. Anuj Gupta

For more info visit: www.iimu.ac.in

TEDxIIMUdaipur- The Final Countdown Begins…

TEDxIIMUdaipur- the most looked forward to event, on the IIM Udaipur campus is finally here. With veteran speakers from around the country, delegates from in and around Udaipur, and the IIMU community set to be present as part of the mélange, 14th March, 2015 promises to be a day full of enthralling ideas, fascinating insights and interesting conversations.

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The event, which is being conducted at the IIM Udaipur campus, MLSU shall see seven talks by speakers, who shall be discussing their unqiue ideas and how these defined the key moments of their lives. An augmented reality aficionado, an American photographer with his Indian painter colleague, a world-renowned Bharatnatyam performer, the youngest woman in the world to have swum five oceans, an IIM-Cal researcher-writer-doctor-entrepreneur, an animal enthusiast and finally a man who has changed the way Delhi views education…. these are but a brief glimpse into the profiles of our eight speakers.

The theme for the event is ‘The Smallest of Things’. It is a celebration of small, trivial things which the world considers to be of little consequence, that ultimately have made the biggest difference. From the invention of the wheel, to the moment humans discovered gravity… history is witness to the numerous small inventions, discoveries and most importantly ideas… that have changed civilizations, and mankind’s beliefs and ideologies for all time to come.

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The event with its speakers from diverse fields- from the city of Udaipur and around the country, promises to be a day of great learning for everyone present. To know more about the event you can visit:

http://www.tedxiimudaipur.com/index.html

https://www.facebook.com/TEDxIIMUdaipur?ref=br_tf

For any queries related to event attendance, please contact:

Himanshu Sachdeva: 99536 59669

Shishir Nath: 99839 44540

Council of Student Affairs Investiture Ceremony

‘The first step towards taking an organization to the pinnacle of success is setting the right culture;                                                                                                                                The first step in setting the right culture is choosing the right leadership.’

We at IIM Udaipur, have always believed in setting the right culture and to help achieve this motive, the Council of Student Affairs (CSA) was instituted at IIM Udaipur.  The CSA is the student representative body that helps ensure proper execution of the rights and duties of students. At IIM Udaipur ethics and academic integrity have always been guiding factors; and in this spirit, IIM Udaipur has set a benchmark by having formulated and implemented a full-fledged constitution and a code of conduct so soon after its inception. The CSA also helps ensure that there are no violations against these.

The CSA is elected by a voting process by the student fraternity and comprises of seven members- one each from the placement committee, media cell and Acad council and the remaining four being independents from the rest of the student community.

The investiture ceremony for the Council of Student Affairs-2015 was held on 25th March, 2015. The ceremony began with a small speech by the outgoing General Secretary who then invited the new CSA to share their agenda for the upcoming year and how they plan to execute it. The new GS then took to the podium to discuss the plans of his council, with the students and faculty. This was followed by the oath taking ceremony.

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Prof. Janat Shah, Director IIM Udaipur then addressed all those present and mentioned the important role values and culture play at our institute and the important role CSA plays in implementing these. He also appreciated the way students at IIMU take ownership of a whole range of activities conducted across the various clubs and committees. Prof. Shah also reiterated that the institute respects the student bodies and councils for the decisions they make and that the student community has complete freedom to manage their extra-curricular affairs.

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The investiture concluded with a brief vote of thanks by the outgoing GS for the help and co-operation of all the students and the institute in their various endeavours.

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Out-going Council: Abhimanyu Bhardwaj | Arun P | Ashish Mishra | Ashwini Soundararajan | Jitaditya Dey | Nagaraj N | Rohit Mishra

Newly Elected Council: Amit Singh | Ayush Garg | Gaurav Dubey | Harshad Prabhudesai | Jayarama Buti | Shirali Desai | Vipul Panwar