Campus News

Seminar on Best Practices in ESG by Dr. Stephen ARO-GORDON

Environmental, Social, and Governance (ESG) issues have gained prominence recently, with managers, investors, governments, and other stakeholders increasingly applying these non-financial factors to their strategic analysis process. Many questions about ESG arise about the material risks factors, how ESGs protect and create value for the business. This SDMIMD 3-day seminar on ‘Best Practices in ESG’ held from 28 June to 1 July 2023 allowed participants to examine these questions afresh and to revisit the related concepts and issues around ESG. The discussions covered sustainability reporting, climate action, ESG rating, and greenwashing. Using a case-study approach with conglomerates such as General Electric, Tata Group, Reliance Industries, Mahindra and Mahindra, and Larsen and Toubro, combined with ESG ranking data from leading raters such as MSCI, Bloomberg, Sustainalytics, and Refinitiv, the participants explored how ESG performance could impact a firm’s cost of capital and valuation. In this regard, participants used the opportunity to refresh their knowledge of ratio analysis and capital structure. Participants exhibited their forecasting skills and valuation methods, such as the dividend discount models and price multiples, to draw valuable insights into the role of ESGs in firm value. Besides the highly interactive lectures, participants gained critical ESG insights through quizzes and group presentations based on assigned publicly quoted companies. The seminar concluded with the awareness that ESG best practice is all about effective risk management.

Commencement of the 5th Batch of the DBE Program

The 5th Batch of the Blended Program on Developing Business Excellence (DBE) – With a Sense of Social Responsibility for overseas students studying in India to understand India’s business environment, consumer behaviour, cultural background, and corporate environment. The program is known for sensitizing students from overseas who visit India for educational purposes about the ethics and social relevance of the Indian business environment.
The 5th Batch has attracted 27 students from 10 Countries - Afghanistan, Bangladesh, Jordan, Yemen, Nigeria, Cambodia, Tajikistan, Sudan, Guinea, and Uganda.
Inaugurating the 5th Batch of the DBE program Dr Mousumi Sengupta, Chairperson - Academic Enhancement Committee and Professor - OB/HR, SDMIMD, said, ‘The 10-hour program aims to give overall exposure to diverse aspects Indian business environment. The program introduces the culture, ethics, leadership, consumer behaviour, social responsibility, corporate culture, and Indian family business. The course content is framed and offered by highly accomplished faculty members in the respective area.' 
Speaking on the occasion, Dr Sunil M.V., Faculty Coordinator of the DBE Program and Assistant Professor - Systems and General Management, SDMIMD, Mysore, said, 'It is a much-needed initiative by both SDMIMD and the University of Mysore to sensitize foreign students about India and its rich culture. Students will be receiving Degrees in their domain, but it's our responsibility to enhance their knowledge about India and its inclusiveness in different dimensions.'
DBE Certificate Awarding to Overseas Students in India
The Overseas students in India received the Certificate for attending the Program on Developing Business Excellence [DBE] – with a Sense of Social Responsibility, designed and offered by Shri Dharmasthala Manjunatheshwara Institute for Management Development (SDMIMD) Mysore, on July 5, 2023, during the award function held at SDMIMD campus.
The 5th Batch of the DBE program had Twenty-Seven Students from Nine countries who received the Certificate from the SDMIMD Director, Dr S.N. Prasad and Dr G.R. Janardhana, Director, International Center and Professor of Botany, University of Mysore, Mysuru.
In his presidential address, Dr. S.N. Prasad said, 'Your Knowledge and the wisdom gained is the only asset that remains with you even if the whole world rejects you. The single mantra for success is lifelong learning aiming at gaining Knowledge.' Further, speaking about the program, he said, 'The knowledge about the different cross-cultural aspects is core to  the contemporary globalized world and such programs will give you an edge over others.'
In his address, Dr. Janardhana urged international students to use the opportunities and expertise of the institute of repute when they are in India to enhance their skills and knowledge gain. Further, he appreciated the effort of SDMIMD in building awareness about India and its culture with a sense of social responsibility among foreign nationals.
Earlier, Dr. Sunil M.V., Coordinator of the DBE Program, presented the program overview and the report about the sessions held during the 5th Batch of DBE. SDMIMD faculty and staff were present at the event.

BT-MDRA B-School Survey 2023 - Results

SDMIMD is listed best B-school among 272 B-Schools in India in the Overall ranking; 29th among Top 100 B-Schools in Selection Process; 12th among Top 20 B-Schools in South Zone and 29th among top 100 Private B-Schools.

Dr. Veerendra Heggade, Chairman Receives the EFMD Certificate

Dr. D Veerendra Heggade, Chairman of Shri Dharmasthala Manjunatheshwara Institute for Management Development, Mysore (SDMIMD), received the prestigious re-accreditation of the Institute's flagship PGDM program in Lyon, France on 12th June 2023.    At the award ceremony, along with Dr. D Veerendra Heggade, Vice President of the Trust, Shri. D Surendra Kumar and Director Emeritus of the Institute Dr. N R Parasuraman were present. The dignitaries from EFMD were; President Eric Cornuel, Director of Quality Services  Alfons Sauquet, Director of EFMD Program accreditation Barbara Sporn and Advisor EFMD Nishit Jain.

Outbound Learning programme in Management for students of GSSS Institute

A 3-day Outbound Learning programme in Management was conducted at SDMIMD for 110 students of GSSS Institute, Mysore from 20th to 22nd June 2023. 
The programme was inaugurated at 10 AM on 20th June 23 by SDMIMD team along with the management team of GSSS, Principal Dr.Shivakumar, HOD Dr. B.P. Mahesh and faculty & coordinator of this out bound programme, Dr.Ashok. This was followed by various sessions conducted by the faculty resource persons of SDMIMD on different topics for 3 days as mentioned below:
  • General Management topics by Dr.Sunil MV, Dr. L.Gandhi and Dr.S.N.Prasad.
  • Specialisation topics in Finance by Dr.M.Sriram and Dr.Riyaz Ahmed
  • Specialistion topics in HRM by Dr.Mousumi Sengupta, Dr.Mamta Hegde and Dr.L.Gandhi.
  • Specialisation topics in Marketing by Dr.S.Saibaba and Dr. Nanda Kishore Shetty
The programme concluded with valedictory and certificate distribution in the evening on 22nd June 2023 at SDMIMD auditorium. The programme was well appreciated by the student participants as well as the Programme coordinator & faculty Dr.Ashok of GSSS.

Talk on Corporate Finance by Mr. Nagi Rao

Students of SDMIMD were introduced to the world of Venture Capitalists (VCs) and Private Equity (PEs) for established businesses and in the start-up environment by Nagi Rao, Founder-Chairman of Austin, USA-based EqualizeRCM, on Jun 16 at the SDMIMD Auditorium. 
Highly informative talk centered around the structure of VC and PE funds, workings of VCs and PEs, their focus and expected returns while investing in a business, risk-reward expectations, different stages of the company when these institutions are ready to jump in with their investments, time lines of their investments, and aspects related to the nature of businesses and start-ups that are funded by the VCs and the PEs. He highlighted the High Risk – High Reward nature of these investments as well as how one big return on one investment can easily offset the losses incurred in investments made in other startups.
The talk was well received by the student audience with several questions to Nagi Rao. EqualizeRCM-India Chairman Bhaskar Kalale, Dr. NR Parasuraman, Director Emeritus of SDMIMD,  MD of EqualizeRCM-India Ashok Balaram, Dr. Prasad SN, Director of SDMIMD and Prof. Mohamed Minhaj, Chairman of Academic Programs were present during the talk. 

Business Landscape for PGDM 2022-24

Business Landscape, a knowledge expansion exercise was conducted by the SDMIMD faculty for the students entering the Second Year after their corporate internship.  The week-long program from June 7, 2023, included the Effect of Geopolitics and International Strategic Alignments on Indian Businesses; Leadership; The Perils and Promises of AI: Navigating the Opportunities and Challenges; Industry 4.0 and Smart Factory & Creativity, Design Thinking and Innovation.
The faculty introduction was followed by the panel discussion by the group of students on the topics identified in line with the contemporary topics - Russian Invasion of Ukrain and the US- China Relationship: The way forward for India?; Leadership Challenges and Opportunities in a Changing World; Google vs. Microsoft: The Battle for AI Supremacy; How can developing countries take advantage of the window of opportunity presented by Industry 4.0 for technological upgrading and economic catch-up? & 1. Privacy and Data Ethics in the Digital Age, 2. Responsible Design for the Circular Economy
The Business Landscape Course was conceived and anchored by Dr. Prasad SN, and Dr. Mamta Hegde, Prof. Mohamed Minhaj, Dr. Anand Sasikumar & Dr. S. Saibaba participated actively in the course.

Webinar on Managing Stress among Students

The webinar on “Managing Stress” was delivered by Dr. Mousumi Sengupta, on 16th June 2023, for the Batch 2023-2025. During the session , Dr. Mousumi discussed ‘stress’ as a dynamic condition in our lives. Stress, on one hand, motivates us to face challenges and perform, at any given situation. On the other hand, excessive stress may create hindrance in our lives and lead to various negative consequences, both psychologically and physically.  Therefore, managing stress is a very crucial aspect in any student’s life. During the interactive webinar, Dr. Mousumi discussed the model of stress management and various techniques to manage stress in a student’s life. The students also shared their experience of managing stress. 

Institutional research activity with foreign collaboration

SDMIMD has collaborated with BI Norwegian Business School researchers on an international research project on ‘Whistleblowing: an annotated global bibliography’. It is a core part of the AFINO – project, (Responsible Research and Innovation in Norway) work package 6, led by Dr. Kristian and Dr Heidi, supported by the Norwegian Research Council 2019-2024, focusing on topics related to CSR, corporate governance and whistleblowing.
SDMIMD research team, comprising of Dr. Mousumi Sengupta, Professor - OB and HRM (Principal Contributor), Dr. Sunil M. V. Assistant Professor - General Management (Co-contributor) and Student contributors, Druva N, Taha Dhilawala,  Yashwanth, and Kaydawala Saifuddin, has collaborated in the project and contributed Indian Bibliography on whistleblowing.
The aim of the research is to create a compilation of the various single language-based annotated bibliographies as well as to analyse the collected materials across all said bibliographies. Currently the project is consisting of 20 partners, from several countries. 
The work completed by the SDMIMD team has been highly appreciated and the SDMIMD team has received an appreciation letter towards that effect.