Solaris – A grand success

The inaugural management fest of IIM Udaipur, Solaris, was a two day extravaganza held on the 7th and 8th of November. The fest was entirely conceptualized and executed by the student body and earmarked the exponential growth the college has seen since its inception. The fest encompassed a wide array of activities from summits, workshops to umpteen competitions. The summits and workshops covered all domains of management and were graced by industry veterans and provided huge impetus for learning. The competitions too provided an interesting mix ranging from testing participants on core domains such as finance, marketing to a short film making competition and the high competence level helped bring out the best in the students.

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The first day started with an address from the director of IIM Udaipur, Prof. Janat Shah. He outlined the key focus areas of the institute’s growth and how the concept of Solaris was directly in sync with the college’s focus on holistic growth. He emphasized on research, transformation and contributing to society as the key pillars of growth of the institute. Prof. Shah’s address was followed by an enriching talk from industry behemoth and keynote speaker, Mr. Subir Gokarn( recently appointed executive director of the IMF). He helped provide a comprehensive view of India’s growth potential and the means to eradicate the present frailities to exploit this potential.

The keynote address was followed by the first summit, The Leadership Summit. This is the flagship event of the Media and Industry Interaction Cell of the institute and as in the preceding three editions, this time too, the summit had industry veterans such as Mr. Unnikrishnan(CEO, Thermax), Mr. Sandeep Budhiraja( Country Head, MMR Research Worldwide),Mr. Ajay Gupta( COO, Decimal Point Analytics) and Mr. Manish Rastogi( Head, Metro Cash and Carry) attending. Their speeches helped provide detailed perspectives on specific industries and the macroeconomic situation. They helped provide unique interplays on the central theme “Evolve” by helping elucidate as to how companies consistently break through existing norms and bring about innovation in all spheres to cope with the present times.

Samvaah , the marketing conclave organized by the marketing club Marclan, was the other summit held on the first day. The theme for the event was “The Future of Marketing”  and had a keen focus on the advent of new marketing techniques in view of the tried and tested concepts becoming obsolete in the present scenario. The conclave had industry marketing wizards such as Mr. Ramamoorthi (Managing partner at Ogilvy and Mather), Mr. Abhishek Joshi (Director- Digital Marketing and Customer Acquisition at Redbus), Mr. Atindriya Bose (Country Head of Sony entertainment) and Ms. Gayatri Ojha (Brand Communications & Insights Head – M-Pesa at Vodafone India).They emphasized on the dynamic nature of the marketing field and the practices needed to remain abreast with this dynamism. The speeches covered a wide array of topics such as digital marketing, new age advertising and also marketing techniques to popularize novel initiatives such as M-Pesa.

The second day commenced with Arth-Samvaad, the Finance Summit which was organized by Finomina, the finance committee of the college. The presence of industry stalwarts such as The Chief Economist at YES BANK– Dr. Shubhada Rao, Associate Director at NVS Brokerage- Mr. Kamlesh Mehta and Executive Director of IDBI Bank Ltd.– Mr. N.S. Venkatesh helped provide the ideal platform for future financial managers to interact with them and help understand the intricacies of the financial world. The panel discussion was on the topic “Currency Chaos: Where will it lead to?” where the industry experts helped decipher the intricacies and position of the Indian Rupee along with the market swings brought in by the Chinese Renminbi. The panel discussion was followed by Mr. Deepak Mohanty(Executive Director of the RBI) addressing the audience on the objectives of the central bank and how the RBI has coped with global financial pressures in the past. Mr. Mohanty helped enrich the audience regarding the key financial indicators and how performance on these indicators is a sign of growth. The summit concluded with the dignitaries unveiling the finance magazine-Arthaarth and hence concluding another successful edition of the summit.

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The final summit of the fest was Technovate, the IT-Entreprenuership Summit which focused on the booming world of startups and how technology was the key enabler for this boom. The industry leaders in attendance were Mr. Manoj Sharma the Chief Technical Officer of Quikr, Mr. Vishal Verma the Operations and Logistics Manager of Uber, Mr. Anil Joshi of Unicorn India Ventures, Ms. Aditee Rele, the Lead in Technical Evangelism at Microsoft, Mr. Piyush Poddar, the Director of Professional Services at Axelerant and Ms. Lalitha Yanamandra, the General Manager of Enterprise Services & Delivery at MartJack and they spoke on the topic “Evolution of entrepreneurs in IT”. The summit was an extremely engaging medium as the panel discussions helped shed light on various facets associated with startups i.e. investment , target market, evolving technology etc. Mr. Anil Joshi, founder of early stage investment provider, Unicorn India Ventures, too provided inputs on the investment cycle. The summit helped educate budding entreprenuers of the essential parameters to start a successful enterprise and was a huge success.

The various competitions and workshops were held across the two days and provided ample opportunities for learning and testing one’s competencies. The various competitions included events that tested core concepts such as Vitt-Sangram, the finance case study competition and marketing events such as Juxtapose, the ad-making event to events such as the short film making competition which was judged by eminent director Mr. Vibhu Puri. The competition was extremely intense as a number of teams were from other top B-schools such as IIM Ahmedabad, Symbiosis, IIM Amritsar etc. The students of IIMU too gave their best and bagged laurels in several events. A number of workshops were held too such as the Dabbawala workshop, the Consultimg workshop etc which were attended in great numbers as students had the chance for close interaction with industry veterans. The Dabbawala workshop in particular was a huge hit as Mr. Vijay Aggarwal provided an in depth study of the world famous supply chain system of the Dabbawalas.

The two day inaugural fest was thus organized on a very grand scale even though the college is in its nascent stage. The various summits and workshops proved to be ideal grounds for learning and understanding of the various facets of the corporate world. The competitions tested competencies to the hilt and hence proved to be ideal for the best minds of the country. The smooth conduction of the event in itself provided umpteen challenges but the coordinated efforts of the student body and everyone associated with the institute helped the IIM Udaipur fraternity pull it off. Hence, Solaris was a huge success and it certainly set the benchmark for other top B-schools to emulate.

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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.

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.

The Leadership Summit 2014 organized at IIM Udaipur concludes on a successful note!

Indian Institute Management Udaipur hosted the third edition of its annual flagship event, The Leadership Summit 2014 on 23rd August, 2014 at the Durbar Hall, City Palace, Udaipur.

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The Leadership Summit is a student-driven initiative which is organized by the Media and Industry Cell (MiiC) of IIMU. The event serves as a platform for corporate leaders to share their opinions and views on select themes through diverse engaging panel discussions. The panelists comprise of distinguished leaders from industries and academia. The objective of the summit is to get unique insights from the leaders and get to understand the direction in which the economies, corporate policy making and businesses are heading viz-a-viz globalization and competition. The first two editions of The Leadership Summit have been immensely successful. The umbrella theme for the Leadership Summit 2014 was “RETHINK: A paradigm shift in the Leadership Trends of India“.

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The event began with a Welcome Address by Prof. Janat ShahDirector, IIM Udaipur. Prof. Shah laid emphasis on the initiatives on which the institute has a strong focus such as Immersion, Research, Analytics, Entrepreneurship and Social Responsibility.

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Dr. V RaghunathanCEO, GMR Varalakshmi Foundation & Ex-President, ING Vysya Bank served as the Chief Guest in the event. Mr. Puneet DalmiaMD, Dalmia Group of Industries was the Keynote Speaker. Both the leaders laid emphasis on the need of a social purpose behind every leadership initiative.

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The event had three student moderated panel discussions. First Panel’s theme was “Rethink Approach: How to think, act and lead in this era of Globalization?” with participating speakers, Mr. Balaji R. Narayanswamy General Manager, Mindtree, Mr. Sukanti Ghosh Member of Global Management Committee, APCO Worldwide and Mr. Vishal Mathur VP Sales, Eicher Motors. The panelists discussed the key challenges faced in Globalization, skills and opportunities present in going Global.

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Second Panel’s topic of discussion was “Rethink Boundaries: Can we learn Leadership from boundaries beyond corporate world?” with participants Mr. Ramkumar Executive Director, ICICI Bank Limited, Mr. Praveen Mathur Major General (Retd.) & Advisor, Director General Hydrocarbons, Ministry of Petroleum, Mr. M P Vasimalai IIMA Alumnus & Founder, DHAN Foundation and Mr. Kalyan S. Bose Senior Volunteer, SPIC MACAY. The panelists discussed the various facets of leadership development citing examples from multiple avenues.

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Third Panel saw discussions on the theme “Rethink Convention: Women in Leadership Roles – Changing the rules of the game!” with panelists Ms. Arnabi Marjit GM-HR, Lupin Pharma, Ms. Namrata Gill VP, Organizational Development and Talent Management, Mahindra and Mahindra and Ms. Neelima Khetan GM, Sustainability and CSR, Coca-Cola India. The speakers discussed in detail about the challenges faced by women in the corporate world, the possible solutions and the changing landscape in the business world.

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The event also saw a special segment on Big Ideas Session delivered by Mr. Sanjay PanigrahiCEO, Sahaj e Village Ltd. who spoke largely on the Rural India and the potential of management principles application in the sector.

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The event received a very good response and concluded with felicitation of the speakers and vote of thanks. The event is a student driven initiative of IIMU which aims to bring the business community of Udaipur, global leaders, faculty and students of IIMU on a common platform where they can exchange knowledge and insights and work towards establishing possible future sustainable partnerships.

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Vedanta Group served as the Title Sponsor of the event while Wonder Cement helped as the Associate Sponsor of the event. Along with them, many other organizations came forward to extend their help in organizing this event. The other sponsors of the event were:

Media Partner: Rajasthan Patrika

Co-Sponsor: Eve’s Corporate Channels India Private Limited

Organizational Partner: UCCI

Printing Partner: Lucky Offset Printers

Magazine Partner: City Angle Lifestyle Magazine

Supporting Sponsors: Aravali Minerals & Chemical Industries Private Limited and Shree Rajasthan Syntex Limited

Mall Partner: Lake City Mall

IIM Udaipur successfully hosted the second edition of its annual HR Conclave – Spandan 2014!

Indian Institute of ManagementUdaipur successfully hosted the second edition of its annual HR Conclave – Spandan 2014 on 3rd August2014 at Hotel Radisson Blu, Udaipur.

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Carrying forward the legacy from the last year’s inception of Spandan, this year’s conclave was conceptualized around the central umbrella theme, “Rethink: Changing HR practices with Changing Times”. The event began with an opening address by Prof. Janat ShahDirector, IIM Udaipur. He spoke on the importance of collaboration of academia and industry on a common platform like Spandan for discussions critical for the reinvention of the HR Industry. Prof. Shah also laid stress on the IIMU’s strong focus on Research, Analytics, Immersion in the three forms of Rural, Corporate & Global Immersion and Entrepreneurship & Intrapreneurship in his speech. He also threw light on the student driven initiatives through different clubs and committees at IIMU citing the example of Spandan been organized entirely by dHRuvaThe HR Club of IIM Udaipur.

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Prof. Sunil MaheshwariAdjunct Faculty, IIM Ahmedabad and Ex-Advisor to the HRD Ministry, Govt. of India, served as the Keynote Speaker in the conclave. Prof. Maheshwari brought in his research statistics in his speech which showcased the changing trends in HR and the challenges posed to it in the current scenario. His mathematical study was based on a survey on leadership traits collected from a sample of MDP candidates who occupy top leadership positions in India and the persistent need-gap analysis in their skills. He concluded his speech with mentioning the importance of investment in faculty development and pedagogy modification with time in management schools.

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The event then proceeded with panel discussions on the three sub-themes for the summit:

  • Rethinking ConventionImplications & consequences of socialmobile and digital media on HR practices
  • Rethink ApproachAre the present leadership programmes creating ‘leaders’ or ‘followers’?
  • Rethinking StructuresPyramid organizational structures to job sharing and part-time/flexi-roles: Implications & Consequences

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The participating corporate leaders in the discussions were Mr. Aashish Singh VP Head HR, Sutherland Global, Ms. Padma Rajeswari Tata Senior Dr. & Head, Dr. Reddy’s, Mr. Sugato Palit Exec. Dir HR & Admin, Experion, Mr. Vinod Rai Head Corp. HR, Maruti Suzuki, Mr. Ashwani Prashara Head HR & IR, RIL, Mr. Prabhu Aggarwal Chief Learning Officer, Jindal Steel, Mr. G. Ravishankar President HR & Strategy, CRISIL, Mr. Debaprata Mahapatra Head HR Elec. & Auto IC, L&T, Ms. Sangeeta Malkhede Assoc. VP HR, CSS Corp, Mrs. Sangeeta Singh Partner, Sanguine Consultants and Mr. Vinod Behari Exec. Dir. HR, RECL.

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The key things highlighted in the discussions were usage of social media in employee engagement & networking, technology, communication, feedback and references. Traits of a leader, differentiation between a leader and a follower, main hindrances in current leadership development and initiatives and strategies in different industries taken for leadership development, were also focused in the discussions. Organizations strive towards adopting best HR practices and to align HR strategies with the organizational strategies to succeed in the long run. Hence, the emerging practices like pyramid organizational structures and change management were also brought in the discussions by the panelists.

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The interactions were enhanced by the questions put up by the students and faculties in the audience during the panel discussions. The event was very well received by the IIMU community. Kathan 2014, the second edition of the annual HR Magazine of dHRuva – The HR Club of IIM Udaipur was also released marking the success of the event. IRIS – The Photography Club of IIM Udaipur helped in covering the event by capturing pictures and videos. The event concluded with the felicitation of the eminent speakers of the event and a vote of thanks.

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IIM Udaipur aims to set new benchmarks in the field of management education and research and events like this come under the channel of initiatives aiming to create a platform for discussing subjects and issues that are most relevant to the current times and future trends.

The underlying purpose of the event is to bridge the gap between the industry and academics providing students with an opportunity to understand the dynamics of HR domain and to enrich the knowledge and perception of HR practices from the interactions with the experienced corporate leaders.

IIM Udaipur presents the second edition of its annual HR Conclave – Spandan’14 – One day to go!

Spandan

Indian Institute of Management, Udaipur presents the second edition of its annual HR ConclaveSpandan 2014 to be hosted on 3rd August, 2014 at Hotel Radisson Blu, Udaipur.

IIM Udaipur aims to set new benchmarks in the field of management education and research and events like this come under the channel of initiatives aiming to create a platform for discussing subjects and issues that are most relevant to the current times and future trends. Carrying forward the legacy from the last year’s inception of Spandan, this year’s edition is conceptualized around the central theme of “Rethink: Changing HR practices with Changing Times”. The conclave will see the participation of learned practitioners on the likes of Mr. Rajeev Bhadauria, Director Group HR, Jindal Steel & Power Ltd and Mr. Vinod Rai, Head Corporate HR, Maruti Suzuki from the field of Human Resource Management who will share their insights and knowledge with the student managers of IIMU.

A drive towards adopting best HR Practices remains the top level strategic challenge for business organization in today’s complex corporate environments. With the aim to explore the transformation in HR practices to cater to the new business priorities of modern times, the umbrella theme will be explored by the esteemed speakers in panel discussions on three sub-themes:

  • Rethinking Convention: Implications & consequences of social, mobile and digital media on HR practices
  • Rethink Approach: Are the present leadership programmes creating ‘leaders’ or ‘followers’?
  • Rethinking Structures: Pyramid organizational structures to job sharing and part-time/flexi-roles: Implications & Consequences

Spandan’s inaugural edition, held on 20th October 2013 at The Sheraton, Udaipur focused on the theme “Transforming HR for new business practices” with distinguished participants like Dr. T. V. Rao popularly known as the Father of Indian HR, Mr. Bomi ManekshawPresident HR, Cadilla, Mr. Rajandra AmbekarGlobal HR Head, Wipro, Mr. Ganesh RamakrishnanSenior Director HR, Oracle Financial Services among others participating in the summit.

The underlying purpose of the event is to bridge the gap between the industry and academics providing students with an opportunity to understand the dynamics of HR domain and to enrich the knowledge and perception of HR practices from the interactions with the experienced corporate leaders.

IIM Udaipur welcomes the Fourth Batch of the flagship PGP Programme – Class of 2014-16

Indian Institute of Management Udaipur held the registration and commencement session of the fourth batch of its flagship PGP Programme for the Class of 2014-16. A total of 116 students registered in the new batch comprising of a diverse mix of students from different academic backgrounds and work experiences.

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The students were given a grand welcome to make them feel the distinguished hospitality of IIM Udaipur. The welcome event was orchestrated by the second year PGP students and cheered up the students and their parents with the traditional Rajasthani style welcome.

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Post the registration process, the students received a welcome address from Prof. Janat Shah, DirectorIIMU. Prof. Shah welcomed the students and congratulated them for their efforts which went in achieving the feat of joining an IIM. He addressed the students about the two year transformational journey which the programme offers along with the things which differentiate IIMU with specially crafted pedagogical initiatives like Entrepreneurship / Intrapreneurship, Analytics, Immersion and Social Responsibility.

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Prof. Shah was joined by Mr. Akhilesh Joshi, CEO, Hindustan Zinc Ltd. as the Chief Guest of the Orientation Programme. Mr. Joshi spoke to the students about his journey during his stint at HZL for 30 years. He briefed the students about how the management education will lead to their learning which will help them throughout their career. He specially mentioned students with the guidelines which will help the students to excel in their respective fields with focusing on discipline, passion, excellence, dedication and hard work.

The students keenly listened and discussed their ambitions with Mr. Joshi. The students will be going through a week long Orientation Programme with sessions on Entrepreneurship by Prof. Sunil Handa, FacultyIIMA and Founder, Eklavya Foundation, Ice-Breaking activities and workshops on Case Study Methodology by Prof. L. S. Murthy, FacultyIIMB.

Things which differentiate IIM Udaipur – Live Projects!

IIM Udaipur follows the pedagogy of learning by doing. And the approach of inculcating of live industry projects into the curriculum provides a right mix of practical exposure to the students. Orchestrated by Consult-UThe Consulting Club of IIMU at the helm and coordinated by other clubs, SakshamThe Entrepreneurship Club of IIMUFinominaThe Finance Club of IIMU and MarClanThe Marketing Club of IIMU, the projects are sought from industries. The projects are then awarded to the students and the entire process is managed by students to ensure that the opportunities are accessed by all.

Project teams comprise of students from both the years and faculties are involved to mentor the projects execution. The projects help in establishing mutually beneficial relationships between the industries seeking young and innovative people with fresh perspective on management, and students who get to hone their classroom learnings and insights by blending them with real life business challenges. IIMU’s commitment to excellence and quality is assured in the projects deliveries through a carefully planned process comprising of initial briefing, mid-term review, periodic checks and final conclusion with the focus on advantages sought from the projects.

The diversity of the projects portfolio makes sure that students get hands-on experience on all the management verticals, company domains and business functions viz., finance, marketing, research, consulting, human resources, operations, IT, analytics and systems and even in drives like energy saving. Students of IIMU have been associated with and done projects with organizations primarily operational in healthcare, mining, food, hospitality, manufacturing, e-commerce among other sectors and with NGOs. The projects aid students to take up initiatives and learn the concepts by application helping in their sound development.

IIM Udaipur releases Summer Placement Report for the Batch 2013-15

Indian Institute of Management, Udaipur, takes great honor in announcing the successful completion of the Summer Placements 2013-14. The institute once again takes pride in 100% summer placements in spite of 11% increase in batch size. This season saw participation of several reputed organizations across various sectors such as Banking, Financial Services and Insurance (BFSI), FMCG, Consulting, E-Commerce, Pharmaceutical / Healthcare, Retail, Energy and Conglomerates among others. BFSI emerged as the largest sector making offers to 25% of the batch.

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IIM Udaipur witnessed participation from a total of 56 companies, marking a 22% increase over the previous year in the Summer Placement process for the 110 students of the Post Graduate Programme (PGP) 2013-2015. This year saw many prominent brands visiting the campus for the first time, a few names being Aegis Global Ltd., Boston Consulting Group, Cummins, Future Group, Dover Corporation, Marico, Maersk Line, Sundaram Mutual, Talisma and many more. This strongly reflects the rising distinction of the institute and the increasing value of its talent in the industry. Several past recruiters like GE India, ICICI Bank, ICRA, KPMG, Infoedge India (naukri.com), Mapro, Xpress Money, UAE Exchange, Vedanta and others have continued to show confidence in the quality of the students and the management education imparted. With the varied professional and educational diversity of the batch, students have been offered with a variety of profiles like Finance, Marketing, Consulting, Operations, IT/Analytics and HR. Various profiles of Business Development, Strategy design and execution have been provided by different start-ups.

Placement Statistics

Also, the institute is the first B-school from India to partner with the prestigious Global Business Project consortium through which selected students get an opportunity to work with the very best management graduates from a set of 12 global universities namely UNC-Chapel Hill, Columbia, George Washington University, Lingnan College, Miami, Maryland, Purdue, Pittsburgh, San Diego State, the University of Connecticut, and University of Wisconsin & UNISINOS. The project will provide the students with an opportunity to work with top global companies who recruit MBAs as well as with fellow MBAs from different backgrounds, countries and culture. Three of our students will be working for clients HPCL, Eli Lilly and Handwriting Without Tears in consulting projects which will help them gain an international business experience complementary to the academics.

IIM Udaipur believes in doing things differently and focuses on maximizing the utility of the summer internship program. The students have been selected to work for Trunz Water Systems, a Switzerland based firm on a project that will be completely handled by the students and they will carry out the commercial-feasibility analysis. The students will get an opportunity to work in collaboration with the students from the University of St. Gallen, thus giving them exposure of working with a global team and analyzing from a global perspective.

IIMU is one of the few institutes in India which follow IPRS Reporting Standards for placement reports. An unaudited detailed report of the placements can be found at: http://www.iimu.ac.in/images/pdf/iimu_summer_placement%20report_2013-15.pdf.

The audited report of the placements will be shared soon. Other communications regarding the placements can be found at: http://www.iimu.ac.in/corporate/placements/placement-report.html.

IIM Udaipur Analytics Excursus

Meliorating the benchmark set by the “E-Commerce Excursus”, the Analytics Excursus was successfully organized on 5th December, 2013 in IIM Udaipur. The Analytics Conclave-2013 is a part of the series of summits planned by the Indian Institute of Management Udaipur, under the banner”Excursus”. Focusing on the importance of extensive data getting generated every day and to take the useful insight from it which can be used for decision making, the theme for the event was decided as “Big Data- Big Advantage”.

The Conclave encompassed a Presentation Challenge and two Panel Discussions. The Presentation Challenge comprised of a competition amongst student teams presenting the importance of Analytics and how well it has benefited the organizations. The panel discussions was a platform for industry leaders to share their expertise through engaging dialogues on two sub-themes within the umbrella theme of “Big data – Big Advantage”.

Panel Discussion 1: Big Data: Opportunities and Challenges

The new era of data presents distinct opportunities for organizations but at a certain cost. In order to be successful one has to understand the major functional areas that attract applications of Big Data. Organizations have challenges varying from acquiring the relevant data to selling this idea in the Indian market.

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Mr. Roy Cherian, CEO & Founder of Marketelligent, Mr. Gaurav Vohra, Co-Founder of Jigsaw Academy and Mr. Dripto Mukhopadhyay, Vice President, Indicus Analytics shared their views on the first topic of the day “Big Data: Opportunities and Challenges”. The general view of the panel regarding MBA students and Big Data was that MBAs should be more concerned about the impact this has on the business and should be able to quantify the results.

Panel Discussion 2: Big Data: Transforming Businesses and Creating Competitive Advantage

The opportunities brought about by Big Data have to be transformed into value by transforming the business practices. This technical revolution can be managed only by creating an enabling environment for using Big Data and transforming the internal business processes. Creating sustainable competitive advantage for companies depends on how well they transform the uses of Big Data.

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The next discussion witnessed business experts Mr. Ashit Panjwani, Executive Director at SAS Institute, Mr. Amar Saxena, Head of Analytics at RBS and Mr. Rajbir Singh, Global Head – Customer Centric Solutions at HCL. The panel mentioned that analytics deals with business problems and one should view the investment as a business investment and not as tech investment. They also said that one should be very clear with the questions that need to be answered, only then the analytics tools have meaning.

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The Analytics Excursus concluded with declaration of results for the presentation challenge competition followed by a vote of thanks. The panel discussion, the student presentations as well as the quality interaction with the industry leaders was an enriching experience for the students of IIM Udaipur.