Football League at IIM Udaipur-FLU 2015

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The sports committee of IIM Udaipur, Lakesiders, organized the annual football league of IIM Udaipur (FLU) during the months of October and November of 2015. The league ,modelled on the lines of the international football leagues comprised of six teams and a total of 84 players participated in it. The team names were Balicha Tigers, Lake Warriors, SoccaHolics, Land Sharks, Udaipur Rangers and Mad Thrashers. The players were selected in the teams through an IPL style auction which had PGP 1 girls in the capacity of managers and solely responsible for the buying decisions. The tournament schedule was such that the teams had to go through a Round-Robin stage following which the top three teams qualified. The top team was a direct entrant to the final whereas the next two had to play a semifinal to qualify as the second finalist.The tournament was witness to great team game play, amazing skills and runs and intense rivalry between the teams which culminated with Balicha Tigers lifting the coveted trophy after a close but brilliant final with Mad Thrashers.

The tournament foundation and loyalty for the respective teams was laid on the day of the auction. The auction as aforementioned was modelled on the lines of the IPL. The auction process was moderated by the Lakesider members and the bidders were the PGP 1 girl students who, in continuing with the tradition of the preceding years, were the managers for the six teams. The bidders however had a consultant tagged with them to assist them through the auctioning process and advice them regarding which players to purchase. The team names were first alloted to the girl managers through a lucky draw system. Each set of manager and consultant was then provided with 100 million ( virtual) for the process in total from which they had to buy 14 players. The bidding comprised of three rounds which comprised of the team players in the first round followed by players who were extremely good followed by players who were good and those who were interested in participating. The bidding commenced and during the subsequent two and a half hours of the process , there were numerous hits and misses with many players going for exhorbitant amounts whereas several brilliant players went for significantly less amounts and proved to be amazing bargains for the managers. However, there were no surprises when the current captain of the football team, Saurabh Gupta, went for the highest amount of 27 million followed by the striker of the team, Arjun Khetarpal, who went for an amazing 23.5 million respectively.

The tournament commenced with the match between Udaipur Rangers and SoccaHolics. The match was an intense one but the quality of the Udaipur Rangers was extremely evident and ended with a 3-0 win for them. The following matches too were brilliant exponents of the most followed game and certainly helped maintain the high level of competence expected from the league. As the league progressed , the teams got to know each other’s playing style and the main players and it gradually became a battle of wits with teams deploying proper formations and resorting to tactics such as man marking to counter their opponents. The games too were played with intense rivalry and saw the referees brandishing a host of yellow and extremely seldom red cards. As the matches progressed , the win margins kept shrinking and it often used to be a moment of brilliance or a brilliant move which proved to be crucial in deciding outcomes. Though all teams gave their best, the three teams that maintained their performances throughout were Udaipur Rangers, Balicha Tigers and Mad Thrashers and subsequently qualified for the following rounds with Balicha qualifying directly for the finals. However, Lake Warriors deserve a special mention as they too were consistent performers and were ousted only in their last league game with Udaipur Rangers which was billed by everyone as the virtual semifinal. SoccaHolics and Land Sharks tried their level best and were brilliant competition for the other teams and kudos to their effort. The semi-final between Udaipur Rangers and Mad Thrashers was an extremely tight game with both teams giving their best and ended in a stalemate which was followed by an extremely nervy penalty shootout where the Mad Thrashers kept their calm and prevailed and hence qualified for the final. The final lived up to its billing with both teams playing an extremely intense and physical game. The game saw a number of heated moments with the players being egged on by the crowd. The game witnessed brilliant touches, towering headers and the players vying tirelessly for the ball. The Balicha Tigers however, maintained their brilliant run and emerged victorious by a 2-0 margin with Saurabh Gupta and Chandan Sagar (the Golden Boot winner) scoring the vital goals. The final whistle saw contrasting emotions with frenzied celebrations from the Tigers whereas the Thrashers’ players were extremely distraught. The following ceremony witnessed the conferring of various awards for brilliant individual performances such as Emerging Player to Prateek Kiran, Golden Boot to Chandan Sagar and Golden Ball to the best player of the tournament Prateek Goyal. Finally, Saurabh Gupta lifted the trophy for the Tiger’s which sparked wild celebrations and bringing the curtain down on another annual edition of the league.

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FLU 15 was certainly a great experience for all the players and lived up to the high expectations expected of the leagues. The league was witness to an abundance of talent and is certainly a brilliant testament to the strong sporting culture at IIM Udaipur. FLU 15 was another feather in the cap for the Lakesiders and the great response certainly provides brilliant motivation for the other leagues and provides impetus to have more such events. Finally, organizing and executing the event required help from both batches and it was an amazing coordinated effort which helped pull it off thereby displaying the importance the students at IIM Udaipur place on all events as great exponents of developing the amazing culture at IIMU. Hence, FLU 15 was a great success and we are certain that the incoming batch will certainly be as talented if not more so and take FLU 16 to another level altogether ._DSC2507

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Harvard Business school Delegation visits IIMU

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

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

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

 

Harvard Delegation Visits IIMU

Harvard Delegation Visits IIMU

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

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

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

 

Solaris – A 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.

Summer Placements for IIM Udaipur Batch of 2015-17

Indian Institute of Management Udaipur is happy to announce the successful completion of its summer placement season for the PGP Batch 2015-17 of its flagship Post Graduate Programme (PGP).

PGP batch of 2015-17 is the largest batch the institute has seen in its flagship course so far consisting of 144 students and hosting a slew of 41 companies accomplished the task of 100% placements within 7.5 placement days.

The placement process saw involvement of 125 students with 10 students opting out of the process with entrepreneurial ambitions. These aspiring students will receive a stipend of INR 20,000 from the institute to assist them on their journey to becoming leading entrepreneurs of the country. The remaining 9 students succeeded in bagging lucrative off-campus placements.

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The high diversity in the batch profile was a treat for the recruiters as they had a huge variety of profiles to select students as per the job profiles. The PGP 2015-17 batch has 88% students with previous work experience with an average work experience of 27 months.

The highest domestic package offered is an attractive sum of INR 1,20,000 and the highest international package offered was 8000 AED. The stipends do not include travel and accommodation benefits which will be received by the students while on summer internship.

This year the campus saw the influx of new recruiters like Snapdeal, GirnarSoft, Fidelity Investments, Lexicon Securities, Naukri, Techprocess, Droom, Tempawala, VF Corp and VKL Spices. The addition of new recruiters is a testament of the institute’s tremendous growth year on year.

Old recruiters like General Electric India, Titan, JSPL, Amul, ICICI, YES Bank, United Breweries, WIPRO, Cummins, Genpact, HPCL, Bosch, Deloitte and others also arrived on campus giving out offers to more number of students as compared to previous years. The institute takes great pride in acknowledging the faith shown by recruiters in the students as none of the companies returned without giving an offer.

The campus recruitment process became a hub of talent for the top ranking e-commerce companies like Snapdeal, GirnarSoft and Tempawala.com among others, who recruited 33 students.

The banking and finance sector showed a huge growth with companies like General Electric India and Crisil along with others hiring 23 students.

In terms of roles offered the sales and marketing profile was the most sought after as 46 students opted for some of the most exciting roles. Other domains for summer internship include operations, consulting, ITes, etc.

The campus played host to 2 international companies- NMC HealthCare and XpressMoney. The above companies recruited 7 students who will have the unique opportunity to intern outside the country.

Staying Ahead Of The Curve

The Chartered Financial Analyst (CFA) credential has become the most respected and recognized investment designation in the world; The CFA Program curriculum covers concepts and skills that could be used at any stage of a person’s career, connecting academic theory with current practice and ethical and professional standards to provide a strong foundation of advanced investment analysis and real-world portfolio management skills. Employers know the CFA Program provides the skills needed in today’s global, dynamic marketplace and that earning the CFA charter demonstrates the commitment to excellence required of today’s investment professionals.

IIM Udaipur believes that training people in academics should be as much relevant to the real world as it can be. Even with a hectic curriculum that is part of MBA program at IIMU, 1 student has completed level 3 of the certification. The students believe in staying ahead of the curve – the number of students pursuing these certifications is proof to the fact.

Following are the students who have taken up the CFA certification

  1. Prateek Goyal – Cleared level 3 ( PGP 2014 – 16)
  2. Siddharth Katha – Cleared level 2 ( PGP 2014 – 16)
  3. Ananya Srivastava – Cleared Level 1 ( PGP 2014 – 16)
  4. Anchal Gupta – Cleared Level 1 ( PGP 2014 – 16)
  5. Hitarth Mehta – Cleared Level 1 ( PGP 2014 – 16)
  6. Nikhil Bhardwaj – Cleared Level 1 ( PGP 2014 – 16)
  7. Poorvi Parswal – Cleared Level 1 ( PGP 2014 – 16)
  8. Vipul Bindal – Cleared Level 1 ( PGP 2014 – 16)

There are a couple of PGP1 students as well who have shown exemplary proactive-ness in staying up-to-date with the industry requirements.

  1. Anurag Gupta – Cleared Level 2( PGP 2015 – 17)
  2. Siddharth Bhargav – Cleared Level 1 ( PGP 2015 – 17)

The institute considers excellence to be a way of life rather than something to strive for. Competitive spirit and nurturing future business leaders through such certifications is encouraged at the institute.

Council of Student Affairs Investiture Ceremony

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

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

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

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

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

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

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

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

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’s Supply Chain Summit 2015

SKEIN, the Supply Chain and Operations Club of IIM Udaipur in association with State Bank of India is pleased to present the second edition of “The IIM Udaipur Supply Chain Summit“. The annual event is 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. This edition of the summit is scheduled at 2:00 pm on 14th February, 2015

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Living by the spirit of IIM Udaipur to be a forerunner in developing management leaders, the theme for Supply Chain Summit 2015 is:

From Apple to apple – Supply Chain Transformation

The panel discussion topics for the event are as follows:

Panel discussion 1: Make in India – How Supply Chain can help achieve the Dream

Panel discussion 2: E-Commerce in India – Competitive Advantage through Innovations in Supply Chain

Our esteemed guests for the event are:

  • Ajay Jhalani, Head Supply Chain-CHEP India Pvt. Ltd.
  • Vinal Kabra, Global Supply Manager – Apple Inc, USA
  • Chandramohan Gupta, Director Supply Chain- Coca Cola – India and SW Asia
  • Shyamal Chatterjee, Head India Operations – Tupperware
  • Hrishikesh Pore, Head Supply Chain – Tesco Hindustan Wholesaling Pvt. Ltd.
  • Navneet Rai, Co-founder – Tolexo
  • Jayant Mahto, Vice President Operations – Firstcry.com

The event is well supported by other sponsors as listed below:

Gati KWE – Associate Sponsor Zuccini- Food Partner Valley View- Hospitality Partner Udaipur Blog– Media Partner Chaudhary Offset Pvt. Ltd.- Printing Partner

Check out more details at-

Website: http://iimu.ac.in/campus/clubs-aamp-committees/supply-chain-management.html

FB page: https://www.facebook.com/SKEIN.SCM.IIMU

Mail: skein@iimu.ac.in

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.

VittSangram

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.

SEBI

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.

LaunchOfArthaarth

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!

Team finomina