Udaipur LeapDay Litfest 2015

Potpourri – The literary and debating club of IIM Udaipur is hosting The Udaipur LeapDay Litfest 2015, IIMU’s annual B-school literature festival in its Udaipur campus. This is the third such edition of the event, and is slated on the 28th of February this year, as every year.

The Udaipur LeapDay Litfest was conceived by the first batch of students of IIM Udaipur, simply out of its love literature, helped by the support of the IIM Udaipur culture that encouraged it to conceive and execute such a unique concept. Over the years, the ULLF has evolved into a strong name in itself, becoming Udaipur’s very own Literature Festival and a platform for the local aspirants and enthusiasts to interact with renowned as well as upcoming artists and performers from across the length and breadth of this country.

The first edition, themed ‘Indian Mythology and Fantasy through new-age fiction’, hosted authors Rashmi Bansal, Ashwin Sanghi and Rajiv Menon who gave beautiful insights on the topic and also made the panel discussions very relevant for the predominantly management crowd that had gathered. The second edition, themed ‘An Odyssey of Expressions’ , however saw increased participation from the junta of Udaipur, and also a much more variedly experienced set of guests in authors Nikhil Sachan, Chetan Mahajan, classical singer Vidya Rao and Artist painter Siddharth. While the first two speakers were of management background, the other two were much experienced in the fields of art, and hence took the entire audience through a beautiful journey of their own illustrious careers.

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The theme for this year’s event – ‘Beauty in Chaos’, looks to celebrate the charming order that takes shape in all the turbulent journey of an artist. This year, the ULLF 2015 has grown much in size as a platform for Udaipur, and in stature in terms of the participating guests as well. Participating guests include Indian classical dancer and Padma Bhushan Dr. Mallika Sarabhai; Musician, poet and actor Mr. Piyush Mishra. Apart from these guests, ULLF 2015 will also be hosting, Ladli award winner for her writing on gender sensitivity, and author of e-retail record-breaking collection of short stories ‘Neela Scarf’, Ms. Anu Singh Chaudary; Asst Professor with the Department of English at St. Stephen’s, Delhi, musician and music conductor, and author of the ‘Book of Guardians’ trilogy, Ms. Giti Chandra; Founder of online entertainment channel ‘EmotionalFullsMr. Sandeep Jha; and founder of online satire-news portal ‘Faking News’, Mr. Rahul Roushan. This year’s event has been sponsored by Sahitya Akademi and co-sponsored by Aryas Publications, Niranjan Associates, Ashoka Cinemas and Pirates Publications, education partner National Book Trust and food partner Jaisingh Garh, Raaj Bagh and Kaju’s.

As a pre-runner, Potpourri also conducted Tell-a-Tale, a story writing marathon, hosting budding and aspiring authors and writers from Udaipur, Kota and Jaipur and the IIMU community as well. The event was a huge success going by the feedback of the participants, and event video will also be showcased during the Litfest. Going forward Tell-a-Tale will grow into a much bigger platform, inviting and encouraging participants from far and wide. This year too, the participation of the external community in the ULLF is touted to increase from last year, a healthy trend towards making the ULLF truly, Udaipur’s very own literature festival.

For participation and further info, please contact-

potpourri@iimu.ac.in or www.iimu.ac.in/LeapdayLitfest

Event SPOC- Puneet Mor @ 7023002064

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A Relief for Physically Challenged – Jaipur Foot Camp 2015

Prayatna, the social responsibility club of IIM Udaipur, in collaboration with Shree Bhagwan Mahaveer Viklang Sahayata Samiti (BMVSS), Udaipur is organizing JAIPUR FOOT CAMP (JFC) on 25th February 2015 from 10 AM onwards.

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The camp will be set up in IIM Udaipur premises where students will extended their services to support the noble cause. The event is a one-stop facility where the physically challenged patients are measured, and their custom-made limb/caliper is/are fabricated and fitted. A team of doctors will provide disability certificates and recommendations for helping aids to the disabled. There would also be free distribution of medical aids and appliances of disability to differently able people.

Last year, a total of 82 differently able people benefited from the camp which includes 29 students from different parts of Udaipur district. The benefits included 10 hand-pedaled tricycles, 24 hearing aids, 3 Jaipur Foot’s prosthetic legs, 4 calipers, 1 pair of crutches, 38 certificates of disability, 29 railway transport passes, 37 roadways transport passes and 6 student scholarships.

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The event is open to all the people who need aid for physical impairment. Following documents along with photocopies need to be carried for the on the spot registration.

Documents:

  1. 2 passport photograph
  2. Caste Certificate
  3. Income Certificate
  4. Disability certificate

Venue: Rajeev Gandhi Tribal Hostel (ST Hostel), IIM Udaipur, MLSU Campus

Date:  25 Feb, 2014 (Wednesday)

Time: 10 AM to 2 PM

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The event hopes to make significant value addition to the society by creating awareness among the differently able people about the opportunities ahead and a new support for life with Jaipur Foot Camp.

Prarambh 2015- The 32 hour start-up challenge is back

Saksham – The entrepreneurship-cell of IIM Udaipur, in association with TIE presents Prarambh 2015. Prarambh is a 32-hour start-up challenge, in which a team of participants (max. 10) will have to create a minimum viable product (MVP).

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Over this span of 32 hours, mentors will critically advice the participants to better their prototypes. The mentors for Prarambh 2015 are –

  • Aditee Rele – Lead – Technical Evangelism-Microsoft
  • Gaurav Mantri – Founder & Head of Technology at Cynapta
  • Dilip Kumar – Co-Founder & CEO –Inolyst
  • Tathagat Varma – Founder, Thought Leadership
  • Rajiv Agarwal – Co-founder Intelli Organics
  • Ramesh Loganathan – VP (Products) & Center Head, Progress Software- Hyderabad Labs
  • Ashish Bhatnagar – Founder of Croissance Consulting Pvt Ltd

Participants of the Event

  • Early professionals and students from premier institutes across India
  • Startup enthusiasts who want to meet Venture Capitalists for raising funds
  • Entrepreneurs who are looking for a good team for their startups
  • Designers and Tech-experts who want to join an idea
  • Entrepreneurs who want to build networks
  • People who want to learn how to start a company

What’s in it for the Participants

  • Aspiring entrepreneurs can use it as a platform to try out their ideas
  • Continuous mentoring from Entrepreneurs and Professionals
  • Exposure to Angel Investors and Venture Capitalists
  • Opportunity to interact with young minds from diverse backgrounds
  • Two days of highly engaging working experience with exciting new teams
  • Incubation opportunities for Winners
  • Exciting prizes to be won for all participants

Event Details

  • Date: 20th, 21st and 22nd of Feb, 2015
  • Time: 19:00 hrs. onwards
  • Venue: IIM Udaipur

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Once the 32 hours are up, the teams will be presenting their prototypes and will be judged by a panel of experts. The exhilaration of pitching their idea as well as the thrill of working in diverse teams and being mentored by distinguished entrepreneurs is what brings young entrepreneurs to IIM Udaipur each year. The industry stalwarts who have agreed to judge Prarambh 2015 are –

  • Shailesh Vikram Singh – Investment manager with SeedFund
  • Rajneesh Bhandari – Director, Cosmo Infrasolutions, President TiE Rajasthan, Executive Committee– Rajasthan Angel Investors Network (RAIN)
  • Pranay Chulet – Founder and CEO of Quikr India Private Limited

Other associate sponsors who are supporting Prarambh 2015 are Quikr, Microsoft Ventures and State Bank of India.

Technology Mentor – Advaiya Labs | Dinner Partner – Hotel Manwar | Hospitality Partner – Hotel Ambience | Merchandise Partner – Blisstasy | Food Partner – Egg Station | Networking partner – NEN | Print Sponsors – Choudhary Printers | Other Sponsors – Allahabad Bank, Applied Info Services

For more details log on to –

The Supply Chain Summit 2015 – A Success Story

SKEIN, the Supply Chain and Operations Club of IIM Udaipur in collaboration with State Bank of India successfully conducted The Supply Chain Summit’15, second edition of the annual Supply Chain Symposium on 14th February, 2015. The clubs and committees of IIMU give ample opportunities to its students to master the tapestry of learning and holistic development while getting hands on experience in organizing events. SKIEN’s constant endeavor remains imparting the students of IIMU the latest knowledge from the World of Supply Chain. It is an initiative to bring together Supply Chain enthusiasts from academia, the local community and industry alike and provide a platform where global leaders can share their opinions and views on supply chain through engagement in panel discussions and thus provide valuable insights to the students.

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The event flagged off with an opening speech from Prof. Janat Shah Director, IIMU who presented his vision for the institute with strong emphasis on research, analysis and entrepreneurship. The umbrella theme for this Supply Chain Summit 2015 was “From Apple to Apple – Supply Chain Transformation”, aptly developed around the global Supply Chain evolving activities and the prominent opportunities in the sector in future. The theme throws light on the transformation that took place from selling of apples in grocery stores to developing and implementing innovative supply chain technologies in companies such as Apple Inc.

The run-up to the event saw numerous online and on-campus competitions being held, with teams from the best B-schools across the country joining the event for battling their knowledge out in the arena in front of the judges.

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The event saw two important panel discussions between eminent corporate leaders. The first panel discussion with the sub-theme, “Make in India: How Supply Chain can help achieve the Dream” had panelists Mr. Ajay Jhalani – Head Supply Chain (CHEP India Pvt. Ltd.) , Mr. Chandramohan Gupta – Director Supply Chain (Coca Cola – India and SW Asia),  Mr. Shyamal Chatterjee – Head India Operations (Tupperware) , and Mr. Vinal Kabra -Global Supply Manager (Apple Inc., California). The vast experience these professionals had helped in an engaging and enriching discussion with various strata of Supply Chain management touched upon like Sustainability of Make in India, Importance of Analytics in the field of Supply Chain, protecting the margins in businesses, amalgamation of frontend and backend processes, and problems pertaining to warehousing and storage of food in India. The panel mentioned that roughly 12-14% of India’s GDP goes into logistics and similarly 80% of the price of the product also comprises of supply chain. They also threw light on the importance of new managers coming into the industry and the expectation from them. The speakers discussed about plethora of issues ranging from integration with suppliers, Squeezing of working capital & its profitability, Accurate Demand aggregation, and enhancement in Cold Chain infrastructure.

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The second panel discussion revolved around the sub-theme, “E-Commerce in India: Competitive Advantage through Innovations in Supply Chain” with the panelists Mr. Hrishikesh Pore – Head Grocery Online (My247Market.com – A TATA Enterprise) , Mr. Navneet Rai – Co-founder (Tolexo) and Mr. Jayant Mahto – VP Operations (Firstcry.com). The panel discussed about how e-commerce has brought the once backend process of a business i.e supply chain to front end. They discussed the dilemma of maintaining a site that offers products both perishable and nonperishable products.  The panel discussion was mainly interaction driven with students asking questions specifically related to e-commerce industry as well as companies that the panelists are representing. The panelists also discussed the benefits of e-commerce as compared to the traditional method of shopping offline.

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The event ended with a felicitation of the speakers and a vote of thanks. The Supply Chain Summit’15 was a resounding success with speakers and participants alike, appreciating the seamless organization of the entire event and the insights they gained through the discussions.

Foundation Stone Laying Ceremony of IIM Udaipur

The much awaited foundation stone laying ceremony of IIM Udaipur was held on 13th February, 2015 at the site of the institute’s upcoming campus at Balicha, Udaipur.

The Balicha campus, which is spread over an expanse of 253 acres, is set to be the largest IIM campus in the country. The campus will have state of the art facilities in terms of both academics and extra-curricular activities, to facilitate holistic development of its students. In accordance with IIM Udaipur’s constant endeavor to be environment-friendly, particular emphasis is being laid on ensuring that the new campus is a green campus, with over fifty percent of space being reserved for parks. The new campus will also house twenty-seven water bodies of different sizes.

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With the vision of setting new standards for sustainable and energy efficient academic institutions, construction of the new campus was initiated on barren land of 300 acres which was devoid of vegetation. With the help of xeriscaping and added area research, a green belt is being created which will be an inspiration for the native arid zone. Traditional water harvesting systems are being employed, to create a self-sustainable campus in terms of water demand, which will help neighbouring villages and surrounding zones to achieve water efficiency. In terms of green technology, the highlight of the new campus is that it will be a net zero-waste campus where all waste will be treated as a resource.

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The ceremony began with the unveiling of the foundation stone by the Chief Guest, Smt. Smriti Zubin Irani – Union Minister of Human Resource Development, Government of India. The event also had Smt. Vasundhara Raje – Chief Minister of Rajasthan as the Guest of Honour.

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Post the unveiling of the foundation stone, the lighting of the lamp was done by Smt. Smriti Irani and Smt. Vasundhara Raje. The welcome address was then given by Shri. C. K. Birla, Chairman – Board of Governors, IIM Udaipur. Mr. Birla spoke about the role of management institutes as a bridge between academia and industry. He also mentioned that the vision of IIM Udaipur is being committed to research and generation of new knowledge in the field of management. IIM Udaipur would be achieving this, through its mission to inculcate values that will guide the journey of its students as leaders. Mr. Birla also discussed at length about IIM Udaipur’s emphasis on development of the region and on constantly striving to be a world class institute.

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Smt. Vasundhara Raje heralded the laying of IIM Udaipur’s foundation stone, as a very prestigious event for the region. She emphasized on the need for IIM Udaipur to become a Centre of Excellence for Rajasthan.

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Smt. Smriti Irani then addressed the audience and mentioned the laying of the foundation stone as an initiative to give substance to the dreams of many aspiring students. Ms. Irani also discussed about initiatives that should be taken up at IIM Udaipur, namely world class water management research that would benefit the entire state of Rajasthan, adoption of five surrounding villages by the institute to help improve their standard of living, use of agro-based industry skill development technologies from India and abroad at the institute, and development of a centre for tourism and hospitality on the campus.

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Prof. Janat Shah, Director – IIM Udaipur then expressed his gratitude to all individuals, organizations and especially the Centre and State of Rajasthan, for their unwavering commitment and support. Some of the other dignitaries who attended the ceremony were Shri Arjun Lal Meena – MP (Lok Sabha), Shri Phool Singh Meena, MLA – Udaipur Rural, Shri Kewal Nohria, Member – Board of Governors, IIM Udaipur, Shri Shailendra Kumar, Director (Management) – MHRD, Govt. of India, Shri Ashwini Bhagat, Secretary – Higher Education, Govt. of Rajasthan, Prof. I.V. Trivedi, Vice Chancellor – Mohan Lal Sukhadia University, Shri Bhawani Singh Detha – Tribal Commissioner and Shri. Rajendra Pawar, Chariman – NIIT & Member – Board of Governors, IIM Udaipur.

The ceremony came to an end with the playing of the National Anthem. With the laying of the foundation stone, work on the new campus has begun in full swing. Future batches of IIM Udaipur can look forward to moving to a campus with world class amenities that is known for the competitive students it produces, as also for its constant efforts to build a sustainable campus that works with the local community to create an ecology that is beneficial to both the institute and the region.

IIM Udaipur students join the conference at National University of Singapore (NUS)

Globalization has touched the lives of almost all of us in India here. At IIM Udaipur, the opportunities to interact at the global scale are immense as global immersion is one the key pillars of the firm foundation of the Institute. The vision shared by Director Dr. Janat Shah is charted responsibly by the students and thus helps in developing globally competent managers.

Each year more than 50 % of the batch receives the International exposure through foreign summer placements, Student Exchange Programme and International Business Programme. Over the years, global inclusion has helped the institute to develop healthy relationships with some of the top rated institutes across the globe.

Adding to the list, College of Alice and Peter Tan, National University of Singapore (NUS) invited students from Indian Institute of Management, Udaipur (IIMU) to join the two day student conference in Singapore and present their views on the topic “Making the difference through community engagement”.

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The students from the second year of PGP batch of 2013-2015 expressed their keen interest in joining the conference. As a part of Phase 1, the students submitted the abstract of their analysis on the Community Engagement Models based on collaboration between Non-Profit and For-Profit organizations. The task involved rigorous research and challenge to convert bulk of information into brief, understandable and presentable form.

In the second phase, the group of students travelled Singapore to join two days Symposium organized by CAPT, NUS. The group presented their detailed study of the sample model adopted by SELCO Solar Pvt. Ltd. in community engagement activities. The study involved ground work done by SELCO Solar in understanding needs of the community and the role played by SELCO Incubation Centre in development of local entrepreneurs of Odisha, Assam and Meghalaya who are working in the solar sector. The audience to the presentation included students from other parts of the globe such as Philippines, Singapore, China and Myanmar.

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The event formatted through panel discussion where the delegates exchanged views on various topics such as Creating healthier communities, engagement with seniors, challenging inequality and engaging communities with social enterprises.

The students from IIMU along with other delegates also paid a social visit to the underprivileged community in Singapore and noticed the initiatives taken by the government for the development of the deprived. The experience thus gained, helped students to broaden their perspective and also to inculcate the best practices exchanged during their visit.

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IIM Udaipur considers global immersion to be one of the cornerstones of its success. The students are given opportunities to explore their hidden abilities and are assumed complete freedom to take up the challenge individually and responsibly.

IIM Udaipur student representatives

Kumar Kaushal | Rohit Mishra | Anupam Mandal | Nischal Naidu | Sanjay Sharma | Akanksha Tirkey

ARTH SAMVAAD – Another blossom added to the Financial Tree

Mergers and Acquisitions, company IPOs, role of regulatory bodies, and valuing companies are some of the most talked about topics in the world of finance today. To bring together finance enthusiasts from across the country to discuss these and other critical topics, Arth Samvaad-the third edition of the annual finance symposium of IIM Udaipur was organized on 24th January, 2015 at the institute’s campus.

Arth Samvaad is a student driven initiative organized by Finomina- the finance club of IIM Udaipur. The event serves as a platform for future financial managers to learn and interact with industry stalwarts to discuss changing trends in the financial world and the micro and macro- economic factors that affect financial decision making.

The event began with a welcome address by Prof. Janat Shah, the director of IIM Udaipur. Prof. Shah elaborated on the key features of education at IIM Udaipur namely research, MBA as a transformational journey and making a difference to the region. Prof. Shah also spoke at length about IIM Udaipur’s focus on global and rural immersion and on encouraging entrepreneurship among students.

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The welcome address was followed by a panel discussion on the theme ‘Rethink: Decades of Financial Folly-Will it be different this time?’ The speakers for the same were:

  • Harsh Vardhan: Head of Bain India’s Financial Services practice
  •  Mr. Niraj Karia: Senior VP, Kotak Mahindra Capital
  • Mr. Sriram Krishnan: Director & Head – Market Specialists, Securities Services, India
  • Mr. Umesh Agrawal: Executive Director of Investment Banking at Axis Capital, Mumbai, India

Mr. Niraj Karia spoke on the changing scenario over the past decade as regards changes in leverage and derivatives, complexity of regulations and valuations. Mr. Vardhan then discussed the reasons for the global and Indian financial follies over the past decades and how we could deal with the same. Mr. Krishnan emphasized on the need to first understand the framework and background for each historical folly while Mr. Agrawal discussed current economic trends and key indicators that will influence India’s future financial growth.

The panel discussion was followed by an intercollege debate competition on the topic: ‘Is Increasing Regulations on Financial Institutions Good?’ The debate saw teams from IMT Ghaziabad, IIM Lucknow, NMIMS Bangalore and IIM Udaipur present their stance on the topic, while also challenging the views of other teams.

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The event also saw a Mergers and Acquisition workshop conducted by Mr. V S Sundaresan, Chief General Manager, SEBI. The workshop involved the analysis of a case study, and an ensuing discussion on the finer and often controversial topics in Mergers and Acquisitions.

The final event for the evening was a faceoff between the students of IIM Udaipur and Mr. V S Sundaresan on the necessity of a regulatory body. The faceoff saw a very animated discussion on the topic, with a number of key insights also contributed by the audience.

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The conclave ended with the launch of Finomina’s magazine: Arthaarth and the felicitation of the speakers by the director. The winners of the great debate challenge were also announced with NMIMS Bangalore coming first and the team from IIM Lucknow being the first runners up.

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The third edition of Arth Samvaad was a success with the students and speakers alike, looking forward to next year’s edition. Kudos to team Finomina!

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Arth Samvaad 2015 – The Finance Conclave of IIM Udaipur

Arth-Samvaad is the flagship event of Finomina – the Finance Club of IIM Udaipur. Continuing the success story of previous 2 editions of Arth-Samvaad, the third edition of Arth-Samvaad assures an enriching experience with immense learning through panel discussions and various inter-college competitions. In tune with previous editions, we plan to host some of the most eminent personalities from the financial domain.

Arth-Samvaad aims at the fact that, the future managers should get to know about the current trends in the industry and how the various macro and micro-economic factors interact in order to affect the way business is done all over the world. It is a platform to deliberate on developments in the world of FINANCE.

This year we look at rethinking “Decades of Financial Folly” where the Panel discussion will try to unravel the cause for this euphoria and brainstorm whether the history will repeat itself again or not!

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Events:

Slot 1: Panel Discussion

“Rethink: Decades of Financial Folly: Will it be different this time?”

Esteemed guests for the event are:

  • Dr. Harsh Vardhan, Partner – Bain & Company
  • Mr. Sriram Krishnan, Director – Citibank N.A.
  • Mr. Umesh Agrawal, Executive Director – Investment Banking, Axis Capital
  • Mr. Niraj Karia, Senior Vice-President – Kotak Mahindra Capital

Slot 2: Vitt Sangram

‘Vitt-Sangram’, is a series of competitions organized by Finomina as a pre-cursor to Arth-Samvaad 2015.

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The Great Debate Challenge

We began with two rounds of prelims for our Debate Challenge. First round required the participants to submit articles on the topics; ‘Oil break’ – short term or here to stay? And has RBI killed the Euphoria by delaying the rate-cut? The second round consisted of a 3 minute video submission on the topic “Increasing Regulations on Financial Institutions is Good”. The video was evaluated by an expert panel of faculty members. The finalists who will be battling it out in the grand finale are from IIM Lucknow, IMT-Gaziabad, NMIMS Bangalore and IIM Udaipur.

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Workshop on M&A

Finomina, as part of its flagship event, Arth-Samvaad ‘15 is organizing a case study workshop on Mergers and Acquisitions to be conducted by Mr. V.S. Sundaresan, Chief General Manager, SEBI. It is an opportunity to get the expert guidance on the Takeover process and M&A Deals along with first-hand industry insights. The participants will be awarded a ‘Certificate of Participation’ for the workshop.

Slot 3: Face Off

Face Off is a showdown between a stalwart speaker and a panel of students from the college. Mr.V.S. Sundaresan, Chief General Manager, SEBI will interact with a student panel on some interesting but contentious topics, utility of which is hugely debated when it comes to practice Vs theory.

The Quizzing Challenge

This will be a Two- Phased online quizzing challenge focused on the financial world where prizes will be awarded to the colleges that get the highest scores at the end of the challenge. Being a two-phased quiz competition, it will see only the best make it to the top and the league rankings. It will generate inter-college competition of a new dimension and will see participants from all over India.

Check out more details at-

Website: http://finomina.iimu.ac.in/arthsamvaad/arth-samvaad-15/

FB page: https://www.facebook.com/FinominaIIMU

Twitter: https://twitter.com/Finomina_IIMU

Mail: finomina@iimu.ac.in

Audacity: IIM Udaipur’s Cultural Extravaganza concludes with lasting memories

On 17th January,2015, after a lot of excitement and impatient waiting by everyone on campus, the final banners had gone up and all briefings were completed; and Audacity- the first cultural festival of IIM Udaipur was ready to begin!

The two day cultural fest began with a bike rally, which was flagged off by boxing veteran Vijender Singh and organized by team Audacity in association with MTV Roadies, and saw a large group of students enthusiastically joining in with flags and banners to celebrate the beginning of the fest. The group wound their way through the lanes and by lanes of Udaipur with the rally eventually ending back on campus.

Flag off Bike Stunts

The next event that took place was the Nitro Carnival- that saw dare devil bike stunts performed by professionals Atinderjeet aka Atom, Harshial aka Inferno, Rishabh aka Mutant, Lakshay aka survivor and Abhishek aka Shin. The audience experienced a number of heart stopping events as the bikers performed different types of wheelies and stoppies. People waited with bated breath as rubber burnt and a collective sigh of relief, followed by a roar of appreciation went up every time a gravity defying stunt was performed.

For all Bollywood enthusiasts, the PUB quiz provided an opportunity to pit their skills and knowledge against other teams, to answer some of the toughest questions about our film world. With a pub like ambience and a really interesting format, the PUB quiz was a major attraction of the first day.

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Auditions for solo dancing and the finals for Karaoke singing were also held on day one. Both events saw strong competition with over twenty five students participating in each. For all drama lovers, there was a street play competition where four different colleges fought it out for the final prize.

For all those who wanted a break from competing, there were a number of fun events like Anjaana Anjaani which was aimed at getting people to meet others and strike off interesting conversations. Angry Chicks- the all women kick- boxing event, paintball and sumo zorbing were also very well patronized. For all the artistically inclined, there were events that involved graffiti and face painting.

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The event was a delight for all foodies, with a number of stalls serving a variety of cuisines and appetizers put up especially for the event. Post lunch, there was a Rajasthan Tourism Cultural Performance which helped highlight the different aspects of our cultural heritage.

The fest had an event packed evening, with Rock-a-Faire the war of bands, group dance and mime events that were held. The highlight of the evening, though was Rampage-the fashion show, which had Vijender Singh as a guest. With each team depicting their interpretation of the theme-Audacity, the ramp saw a number of walks that were the epitome of sophistication and confidence.

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However that was not the end of day one. Insomnia- an all-night gaming event was a roaring success with students fighting it out in CS and NFS while also trying their luck at Lucky seven. The chess matches saw a battle of wits, while the carrom tables were thronged by the aces. To add to the excitement and keep the cold at bay, there was also a bon fire and an impromptu garba performance around it, which added to the thrill of the nocturnal escapade.

If day one was eventful, day two of the fest was even more power packed with a number of performances lined up from morn to evening. Day two of Audacity  started off with a very unique event- Demystrefy Udaipur where each group of participants had to complete specific tasks at different places around the city. The event saw students race up the stairs to Karni Mata Mandir then gulp down Dal Baati at Santosh dal baati, take a dip in the chilly water at Gangaur Ghat, click selfies at Celebration mall, play ‘volunteer hunt’ in the winding paths of Gulaab Bagh and finally click a picture with the cube at Fateh Sagar. The jubilant winners then made their way back to campus to pick their prize.

The day also saw the finals of the solo dancing competitions which had contestants performing contemporary, hip hop, folk, Bollywood and a number of other dance forms.  The grace of the dancers and their extraordinary performances had the judges and the audience completely impressed and spellbound. To add an element of fun and creativity, the fest also included a face painting competition which had a number of contestants compete with paint and brush, to win the ultimate prize.

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The main sparkle of the day’s events was the performance by Sarod vaadak Ustad
Ayaan Ali Khan & Ustad Amaan Ali Khan along with Shri Vijay Ghate, who complemented the duo with the tabla. The classical event sponsored by Spic Macay started with the lighting of lamp by Mr. Manish Vora, Sr. President & Regional Business Head, Yes Bank. The show was a huge hit with spectators coming from a variety of places. Being a noon show, the raagas played had their own uniqueness and the synchronisation of soft as well as swift music made it worth the cheers for the audience. The aura of the performance was so strong that no one could move from their places throughout the show duration. It was a blissful feeling for everyone to hear such excellent pieces of mesmeric music. The 3 hour show ended with a small note of thanks by the performers and it was the whole student community which went out to bid a bye to the maestros.

The SPIC MACAY performance was followed by the prize distribution ceremony which had the winners of all the events organized during the course of the last two days, receive their prizes.  The last event for the fest was the rockband performance by Parikrama which had everyone cheering and head-banging to ‘Fear of the Dark’ by Iron Maiden and ‘Highway to Hell’ by AC-DC.

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With the entire gamut of performances, competitions and events that took place over the span of two days, Audacity was indeed a major success, with everyone looking forward to its following addition, next year! Everyone who visited the fest had a great time, and the fest really lived up to its name to… Be Audacious, Be You!

Success mantra shared by Mr. Raghuttama Rao at IIM Udaipur

It is always a sense of great joy and excitement when students of IIM Udaipur meet an eminent business personality. Preserving the legacy of industry interaction, the students of IIMU had the privilege of having Mr. Raghuttama Rao CEO & Managing Director at ICRA Management Consulting on campus.

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Mr. Rao started his excellent career with undergraduate from IIT Madras; post which he did his MBA from IIM Ahmedabad. He was a Fulbright Scholar at Carnegie Mellon University Pittsburgh, USA where he gained proficiency in Cost Accounting. Being a member of ICRA’s start-up team, Mr. Rao has contributed to developing many areas of ICRA’s business, including Credit Rating, Management Consulting, and Research. He has served on ICRA’s Rating Committee for about ten years and has experience across several sectors, including infrastructure, banking/finance, structured finance, manufacturing, and energy.

Sharing his experience, Mr. Rao first emphasized the importance of economics and accounting in finance. He said that most students and even industry experts in finance domain lack the conceptual understanding of accounting and economics and hence are unable to deal with unprecedented scenarios. He recalled the amount of struggle he faced while learning cost accounting but said that the hard work paid off in the end.

Mr. Rao explained that the students should come to know their strengths and weaknesses in deciding the career path. He stressed on focusing on those streams that fit with what the students are good at, and what they really enjoy doing. Hence, in terms of consulting, Mr. Rao asked the students to ponder upon two fundamental questions: “What is Consulting?” and “Am I fit for it?” before joining the field in the first place. He also explained that consulting is as much about people skills as it is about analytics. Exclaiming that at the heart of consulting is marketing; he said that communication skills, both verbal and written, are essential to the domain. He mentioned that though multi-domain knowledge is helpful in consulting, one should try to have an expert level knowledge about one or two fields and that one should be used to unprecedented situations as consulting usually presents with unstructured problems.

Accentuating on maintaining health, Mr. Rao said that one should always maintain a balance between money and fitness. In addition, he said that one should use this time in MBA to read as much as possible about many streams and decide which way to go. He also said that one should dig deep inside and figure out the right reason for pursuing entrepreneurship and exclaimed that in entrepreneurship, one has many bosses.

After the session, he was asked numerous questions by students ranging from how to prepare for the summer internship to the importance of certificates for various streams. The students of IIM Udaipur are glad and thankful they had the privilege of meeting Mr. Raghuttama Rao and get an insight into consulting, finance and entrepreneurship.