Spandan 2015 – 3rd HR Conclave of IIM Udaipur

Indian Institute of Management, Udaipur will be hosting the third edition of its annual HR Conclave: Spandan 2015 on 20th June, 2015. It is being organized by the HR club of the institute – dHRuva. The conclave aims to be a platform for global HR leaders to share their expertise and experiences in the ever-changing fields.

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The umbrella theme of the conclave, Connect will focus on deliberating the ever evolving roles and responsibilities of the HR function and discuss how connecting it with the mainstream functions is the need of the hour for successful and strategic functioning of the organizations.

As part of the event, there would be two panels. The first panel would have a discussion on ‘How to connect creativity with profession’ and the role of HR in fostering innovation in organizations. The second panel discussion would be on connecting to mainstream and the role of HR as a strategic partner in businesses.

As a part of the first panel, the esteemed guest who would be joining us are:

  • Mr. Santosh Bhave : Senior VP – HR, IR, Bharat Forge
  • Mr. Harjeet Khanduja: Vice President, Human Resources, Reliance Jio

As a part of the second panel, the esteemed guest who would be joining us are:

  • Mr. Ashish Tanwar: University Relations Manager,Dell India
  • Ms. Kavita Kurup: Head – Learning & Organizational Development, Axis Bank
  • Mr. Ashutosh Tipnis: Head – HR (West and South), Hindustan Times
  • Ms. Meenaa Sharma, Chief Human Resource Officer, Reliance Money

The event will start at 2:00 p.m. in the afternoon and will end at 6:05 p.m.

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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

Inclusive India Forum 2014: A joint initiative by IIM Udaipur and HBS Club of India concludes on a highly successful note at IIMU!

Indian Institute of Management, Udaipur in association with the Harvard Business School Club of India successfully organized the first Inclusive India Forum 2014 at IIM Udaipur campus on 26th July, 2014.

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The event was attended by stalwarts from corporate and social sectors. Prominent delegates included 12 Harvard Business School Alumni, 23 Corporate Social Responsibility Heads from various companies and 44 Founders & Senior Functionaries from NGOs from across India. Inclusive India Forum is the first event of its kind organized in India, where different stakeholders from corporate organizations and NGOs shared one platform to discuss ways in which partnerships can be created in the development management space for the larger benefit of society.

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The event began with a welcome address by Prof. Janat ShahDirector, IIM Udaipur. Dr. Shah mentioned the need to focus on the development in the region. He specified the deep commitment of IIM Udaipur to work towards this agenda citing many initiatives like the Center for Development Management, partnerships with local corporates and NGOs like Hindustan Zinc, Secure Meters, Seva Mandir, Arth and Aajeevika Bureau among others. His speech concluded with the purpose of the event to devise an action plan through the collaboration and discussions with the delegates and to make dependable friends who will join IIMU in working towards the inclusive growth of India.

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The keynote address for the event was delivered by Dr. Ganesh Natarajan, Vice Chairman & CEO, Zensar Technologies and Chairman of the 2000 member strong NASSCOM foundation. He talked about his initiative which aims at making at least one member of every Indian family digitally literate, so that the access to technology and the corresponding awareness can help them avail the development initiatives. He emphasized that the vision of HBS Club of India should be contributing in the field of social causes and not that of a mere business beneficiary body.

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The participation of the delegates for the day began with first panel discussion on “The Corporate World on the Social Sector” which was moderated by Dr. Ganesh Natarajan. The panelists Prof. Janat Shah, Mr. S. Ravichandran – Cummins India, Ms. Neera Nundy – Dasra and Mr. Sanjaya Singhal – Secure Meters spoke largely on the topic and the audience participation brought in key pointers like lack of need-gap analysis of planning/scalability skills in NGOs, absence of CSR initiatives taken by companies in non-industrialized regions of India, strategic alignment with corporate organizations and executional challenges of incorporating CSR values in corporations.

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Second panel discussion on the theme “Development Management Sector in India: What works and what does not?” was moderated by Mr. Anshul Arora, CEO – Edvance Group and saw Mr. Aditya Nataraj – Piramal Foundation, Mr. Ajay Mehta – Seva Mandir, Ms. Rita Soni – NASSCOM, Mr. Anoop Kaul – Basix, Ms. Uma Ganesh and Mr. Jayant Sahastrabuddhe discussing on existing as well as future possible partnerships between civil society, NGOs and corporates. The challenges like experimental flexibility in schemes such as NREGA by the government, importance of knowledge creation and knowledge asymmetry were discussed. The common opinion which emerged was that educational institutions should focus on making social leaders, and bring about capacity and capabilities building along with partnering with local industries to work towards nation building. The message of ‘CSR as a fundamental duty of everyone’ was emphasized by the panel.

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The panel discussions were followed with brainstorming sessions wherein delegates segregated into three focus groups to discuss on current and possible future initiatives in Livelihood, Healthcare and Education sectors. The mutual discussions between corporate, CSR representatives and social sector heads in common teams brought perspectives on formulating roadmaps to give directions for future collaboration on social projects. The implementation challenges at the grass root level and the deep understanding of the bottom of the pyramid brought in by the NGOs helped in developing of a complete functional roadmap.

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The event saw enthusiastic response and the participants were enthralled with a cultural program in the evening with highlights of traditions of Rajasthan. The delegates also had interactions with the student community of IIMU and partake a Heritage walk and NGO visit on 27th July, 2014.

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Indian Institute of Management Udaipur strives to build a workforce of student managers imbibed with the beliefs of social responsibility, inclusiveness and the potential of collective growth, who can go on to create social and economic values for the society. This initiative organized by PrayatnaThe Social Responsibility Club of IIM Udaipur represents the true pride and insignia of IIMU and is a key milestone achieved in this direction. IRIS – The Photography Club of IIM Udaipur helped in clicking the pictures of the event.

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IIM Udaipur and Harvard Business School Club of India to host Inclusive India Forum 2014 at IIMU campus!

Indian Institute of Management, Udaipur in association with the Harvard Business School Club of India will host the first Inclusive India Forum on 26th July, 2014 at IIM Udaipur campus.

Inclusive India Forum will be attended by stalwarts from corporate and social sectors. Confirmed delegates include 25 Harvard Business School Alumni, 25 Corporate Social Responsibility Heads from various companies and Founders & Senior Functionaries of 40 NGOs from across India. Inclusive India Forum would be the first event of its kind organized in India, where different stakeholders from corporate organizations and NGOs would gather on one platform and discuss ways in which partnerships can be created in the development management space for the larger benefit of society.

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Janat Shah, DirectorIIM Udaipur, faculty and students of IIMU will welcome all the delegates in the event. The event will flag off by a Keynote address to be delivered by Dr. Ganesh Natarajan, Vice Chairman & CEO, Zensar Technologies.

Indicative list of the prominent corporate personalities who will be attending the event comprises:

  • Adil Zainulbhai, Senior Advisor & former Chairman – McKinsey India
  • Padmashree Rajinder Gupta, Founder & Chairman – Trident Group
  • Vikram Mehta, Chairman – Brookings India
  • Jyotsna Bhatnagar, Head CSR – British Petroleum India
  • Mohini Daljeet Singh, CEO – Max India Foundation

C-Suite Executives from some of the big firms across the country including Brookings India, Dr. Reddy Foundation, BP India, DLF, Vodafone, Piramal Foundation, Forbes Marshall, Genpact, Vedanta, Hindustan Zinc, Max India Foundation, ITC, MacArthur Foundation, NASSCOM Foundation, Secure, Shell Foundation and Harvard Business School alumni would unite together to deliberate on how the skills and resources from Corporate world can align with the Social services sector to develop synergies across various projects in the social space in the coming years.

Indicative list of prominent personalities from NGO space who would be participating in the forum comprises:

  • Ashwin A. Shah, Founder – Gram Sewa Trust
  • Rajiv Khandelwal, Founder & Chairperson – Aajeevika Bureau
  • Binoy Acharya, Founder & Director – UNNATI
  • Girish Sohoni, President & Managing Trustee, BAIF Development Research Foundation
  • Mini Bedi, Asia Director of International Association for Community Development – Director Development Support Team (DST)
  • Pankaj Shah, Director Community Health – SEWA Rural

The forum brings together personalities and leaders from NGOs like ACCESS Development  Services, Akshaya Patra Foundation, Ananya Finance, Arth, Astha Sansthan, BASIX, British Council, Cecoedecon, Centre for Science and Environment, Concern India, Drishtee, EDVANCE Group, Food Security Foundation India, IBTADA, IIMPACT, Jatan, Lok Panchayat, Marie Stopes International, Pan Himalaya Grassroot, Piramal Foundation, Secure Giving, Seva Mandir, Shaishav, Smile Foundation, Uthan, VAAGDHARA, VANI and Vidya Bhavan Society.

The first panel discussion on “The Corporate World on the Social Sector” would be moderated by Dr. Ganesh Natarajan. This would be followed by second panel discussion on the theme “Development Management Sector in India: What works and what does not?” moderated by Mr. Anshul Arora, CEO – Edvance Group. The panel discussions will be followed by brainstorming sessions wherein delegates would be segregated into three focus groups and would discuss on current and possible future initiatives in Livelihood, Healthcare and Education sectors. One of the key anticipated outcomes of the forum is a roadmap which will give directions and indicators for working in a collaborative way on social projects in future, which would lead to inclusive growth in India in the long run.

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The Udaipur community has shown keen enthusiasm and interest in this event. A Press Conference was conducted on 23rd July in IIM Udaipur campus as a pre-cursor for this event in which around 30 local press and media partners came to cover the event. Zucchini Italian Cuisine Restaurant of Udaipur has associated with the forum as the Food Partner.

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IIM Udaipur through various initiatives in the past has shown a deep commitment towards developing socially responsible managers and actively contributes in societal development. This programme in collaboration with the HBS Club of India is another major step taken by the institute in the same direction.

Things which differentiate IIM Udaipur – Global Immersion!

The world is getting smaller and the distances between the nations are reducing. The economies of the world are integrating at a faster pace and there is a critical need for managers in the industry who have an understanding of global business practices, social values, philosophies and cultures. And since the business practices are increasingly becoming “glocal” in their planning, design and implementation, there is an inherent need to increase the skills space of students to fit into the global scenario of the corporate and entrepreneurial world.

IIM Udaipur follows the pedagogy of Immersion and Global Immersion is one of the key offerings of IIMU which, with the immense potential of the associated programmes adds advantages in preparing students as better leaders who can imbibe environment and cultural sensitivity and manage businesses and people from diverse cultures.

IIMU ensures provision of international exposure to its students in multiple ways with the aim to facilitate greater student and staff mobility across different global dimensions and institutional research partnerships through collaboration with globally reputed business schools of Europe, North America and Asia. The focus is to help the students in developing a specialized set of internationally relevant skills, perspectives and experiences with a thriving zest of peer pressure. This in turn helps in fostering a spirit of global thinking and developing acumen of personal and professional growth.

The highlights of the international aspects of IIM Udaipur are:

1. Dual Degree PGP for Executives in Global Supply Chain Management: IIM Udaipur and Purdue University’s Krannert School of Management have designed a dual degree programme to cater to the present global industry requirements and to equip the executives with skills to deal with complex supply chains across the world. IIMU’s students brush shoulders with students from Universidad Popular Autónoma del Estado de Puebla (UPAEP), Mexico and Tianjin University, China besides the students from Purdue. At the end of the program, students are offered a PGDM from IIM Udaipur and a MS from Purdue University, USA in Global Supply Chain Management. The nuances of Supply Chain Management theories and international business techniques and practices help the students to assimilate the learning experiences of studying overseas and honing their skills for the working arrangements in India & abroad.

2. Student Exchange Programme (STEP): The student exchange program at IIM Udaipur aims at giving the students a global exposure academically and culturally. The students spend a term of their course in globally acclaimed universities of Germany and France. This leap offers an adaptation to a bouquet of offerings like a broadened outlook, leadership attributes, team working, divergent mind set, keen eye for detail, communication skills, emotional maturity, healthy appetite for risk taking and decision making abilities. The breadth of STEP is one of the greatest opportunities that help the students to soak customs, traditions and pedagogy of other institutes as well as get a taste of different cultures. During this time, their counterparts from those universities come down to the IIM Udaipur campus. The globalization of businesses needs networking with people of different backgrounds. This opportunity helps students to interact with students of different nationalities and eventually build networks with people at a global level.

3. International Business Practices (IBP): IIM Udaipur offers a unique elective in the second year of its PGP Programme – IBP, where the students get a chance to work hands-on on a live project with industry experts in MNCs at their abroad locations like UAE and Bangkok. The sharing of ideas and experiences help the students to understand in depth, new markets and opportunities which can be tapped upon in the future. The holistic perspective and knowledge acquired about the nuances of global working methodologies enhance the scope of the future objectives of students.

4. International Summer Internships: The highlight of IIM Udaipur’s summer internship placements have been the international internships offered by companies located in UAE and Qatar. This is a continuation of the process where in a span of two months, students get to work in a global business environment in an economy different than the Indian environment. The cross-cultural exposure, diverse teams and the industry project covered in the internships complement the learning process. The experience gained during the period is immense and the exchange of ideas and the knowledge of global practices enhance the learning objectives and approach which the students have to follow for the rest of the three trimesters of the PGP Programme.

5. Global Business Project (GBP): GBP is a unique action-based learning course spanning across four months, February to May, wherein, under each project, 5-6 students from across geographies work on general consulting and strategic problems of clients under the faculty guidance applying their functional, cross-cultural, foreign language and virtual teamwork skills towards focused, compelling, measurable and actionable deliverables. Many companies which have provided projects are household names, such as P&G (China and Brazil), GE Health Care (Brazil), Eli Lilly (Brazil), CITIBANK (China), Google, SAP, PepsiCo and others. IIM Udaipur is a member of this prestigious consortium along with 12 global universities namely UNC-Chapel Hill, Columbia, George Washington University, Lingnan College, Miami, Maryland, Purdue, Pittsburgh, San Diego State, University of Connecticut, University of Wisconsin and UNISINOS.

6. Joint Research and Faculty Exchange: Faculty Groups working together on collaborative research projects is another channel for engagement which adds a dash of benefits in increasing the international exposure factor of those associated with the institute. The Center for Development Management (CDM) at IIMU has a MoU with Duke University’s Sanford School of Public Policy for joint research and faculty exchange. CDM is a research center that seeks to address development challenges in India by bringing management skills and social science knowledge, together in order to enable qualitative social transformation through the Summer School Programme.

7. International Visiting Faculty: IIMU has faculties visiting from Switzerland and France to teach electives with a global perspective. This in addition to the other programmes ensures that the students and the campus benefit from the international exposure.

International Exposure Figures

IIM Udaipur leaves no stone unturned in formulating focused programmes to increase the global exposure of students. The institute within a span of just 3 years of its foundation has established collaborations with prominent international universities and the ties have been increasing in the process. Following are the current partnering universities:

i. Duke University, USA

ii. Purdue University, USA

iii. European Business School, Oestrich-Winkel, Germany

iv. Fredrich-Alexander University (FAU), Erlangen-Nurenberg, Germany

v. HHL Leipzig Graduate School of Management, Leipzig, Germany

vi. Ecole de Management deNormandie, France

vii. WHU – Otto Beisheim School of Management, Vallendar, Germany

77% of the students from the First Batch of IIMU had an experience of studying or working in another country in Europe, Middle-East or South-East Asia while studying at IIM Udaipur. Around 60% of the students from the Second and the Third Batch can boast of the same, and this trend is bound to rise and continue for years to come. When 60% of the students get their visas stamped at least once during their stay at IIM Udaipur, it truly reflects IIMU’s commitment to make global managers of tomorrow ready to work in diverse conditions and situations, leading global teams and implementing their learnings in the real business world.