2016

‘Best Paper Award’ to Dr. B. Venkatraja

The paper ‘Impact of central explicit subsidies on fiscal deficit in India: an empirical study’ by Dr. B. Venkatraja, Professor – Economics, SDMIMD, has won the Best Paper Award at 5th International conference on Global Business, Economics, Finance and Social Sciences on the them ‘Global Business, Economics & Sustainability’ held during April 1 to 3, 2016 at Chennai. 

Course on “Productive Efficiency” by Prof. Kalirajan

Dr. Kaliappa Kalirajan, Professor of Economics of Australian National University, offered seminar course on ‘Productive Efficiency’ to PGDM 2016-18 Batch during November 15 & 16, 2016 at SDMIMD.
 
The central theme of the course was on conveying the importance of productivity with respect to country’s growth emphasising on both empirical and practical applications.The course had focused discussion on the contribution of different factors of production to earn optimal outputs; 
the best practices for optimal productivity; models to measure productivity, which was demonstrated and explained by taking the example agricultural production as the output and labour, fertilizers, land are the contributing input factors that was taken in order to explain the model. Further, ordinary least squares and general least squares method was explained using multiple linear regression model; stochastic model was highlighted to explain the example of agriculture and the limitations of the model as well was explained. 
 
The day-two of the course introduced the young managers on the sources and factors that influences country’s growth was explained by taking India and Vietnam as the example. Decomposition function during different time periods (say T1 & T2) was used in the process of analysing the reasons for growth. The difference between the actuals, estimates (of outputs & inputs) was calculated to measure the differences in the total factor productivity growth rate. 

Seminar on Make in India: Relevance of Cost Management

SDMIMD joined hands with Mysore Chapter of The Institute of Cost Accountants of India (ICAI), to commemorate Golden Jubilee Celebrations of ICAI Mysore Chapter organised a Seminar on 12th November 2016 at SDMIMD.  The theme of the seminar was “Make in India – Relevance of Cost Management“ and “Current Development in GST”.  
 
The Seminar was inaugurated by CMA G.N. Venkataraman, past President of ICAI of India. Dr. M. Sriram, Professor – Finance, SDMIMD joined the dignitaries to light the traditional lamp. The event is presided over by CMA Suresh Gunjali, Secreary, SIRC of ICAI.  CMA M. Ashok Kumar Chairman, Mysore Chapter reminisced about the initial path of journey of the Mysore Chapter, while Secretary CMA K.M. Lalu proposed vote of thanks. 
 
During the inaugural session the Souvenir was released by CMA Zithendra Rao, Member – SIRC of ICAI.
 
CMA P. Thiruvengadam, a retired Senior Director – Management consultancy services, Deloitte Touche Tohamatsu India Pvt. Ltd, was the resource person of the first Technical session.  He has given vivid description on “Make in India – Relevance of Cost Management “.
 
Mr G. Shivadass, a Principal Partner of Firm Lakshmi Kumaran & Sridharan, Bangalore, was a resource person of Second Technical session on the theme of “Current Development in GST”. He emphasized the necessity for GST which has the potential for improving GDP and to provide better business atmosphere as well as reduction of MRP of the product to the ultimate customers.

Second Annual Conference on Emerging Trends in Marketing

The second edition of Conference on Emerging Trends in Marketing on ‘Marketing in Turbulence Time’ was held on October 28, 2016 at SDMIMD. Mr. V. Neeraj Kumar, CEO, Edutain Learning Systems, delivered the keynote address during the inaugural session. Mr. Neeraj Kumar started by elucidating on what today’s customers look for – “easy, now and enjoy”, highlighting the trends that are likely to impact marketing which includes Fantasy Adventure, Cocooning (Products & Services to Customer doorstep), Customer Vigilante, Down Ageing, Small Indulgence and Being Alive. Mr. Neeraj Kumar emphasised that to be trend agnostic, the organisation has to focus on customer delight which can be enabled through big data & data analytics; and, marketing in turbulent times is possible only by winning the trust of customers. Highlighting the importance of customer in his address he said ‘winning companies are those who can convert the customers’ wants to needs and delight the customers in the processes. In his address, Mr. Neeraj Kumar talked about how social media and guerrilla marketing can help businesses enhance their marketing intelligence.
 
Earlier Dr. N.R. Parasuraman, Director, SDMIMD, addressed the gathering and highlighted the activities and initiatives of the institute in academic endeavour. Conference Chair Prof. S. Jayakrishnan, welcomed the gathering, and Prof. R. Sugant, Conference Co-Chair, proposed the vote of thanks. 
 
The conference attracted more than 30 papers on the theme from both academic and corporate world. The deliberations which was happened in multiple track sessions discussed on the conference theme. The invited talk by Prof. Randy and valedictory address by Dr. M.R. Suresh, Professor – Marketing, SDMIMD, Mysuru, were part of the conference schedule. 

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VITTAKSH 2016

In a world where even Great Britain’s mighty Pound took a big pounding and China was forced to devalue its currency in order to survive, it is hard to tell whether any economy will tend towards a boom or a bubble. Further, studies have shown that a business cycle hits rock bottom every 7-8 years; and rumour has it that we should soon expect one ourselves. We have also been witness to a lot of start-ups mushrooming recently in India, unaware of what their future might be. 
 
With this background, the finance club of SDMIMD takes pleasure in announcing its flagship event “VITTAKSH” on 22nd November 2016, with the theme “Indian Economy: Boom or Bubble”. We provide an opportunity for the best minds amongst you, to test your applied knowledge, showcase your conceptual and analytical skills, and show us why you are better than the rest.
 
VITTA, meaning finance, is the blood that runs through the veins of every business. As businesses gets more complicated with disruptive trends & innovations, the long term health of the organization depends on how well the finances of the organization are managed. This makes a very lucrative playing field for any individual who has solid understanding of all the basics, and has just the right amount of creativity and craziness to take bold innovative steps.

Prizes worth ₹35,000 up for grabs!!!

Rules:

  • Only 2 members allowed per team.
  • College Identity Cards are mandatory.
  • The event is open to only MBA/PGDM students.
  • There is no restriction on the number of teams from a single college.
  • Members of the team can be from the same institute or from different institutes.
  • Teams are required to register on Dare2compete and participate in the online quiz round first.
  • The format and structure is subject to change before the actual commencement of the event.
  • All decisions in matters of eligibility, authenticity and final judgments will be vested with the organizing committee of VITTAKSH, SDMIMD.
The Online Quiz will be held on 14 November 2016.
 
Hurry up!!! Enrol on - 
 
 
Quick Contacts:  Archana: 9632918937 | Srikrishna: 9663025090
 
Stay tuned at fb.com/Sdmimd.Finnacle for more updates!

EFMD Accreditation Team Visit

As a part of the accreditation process, a peer review team from EFMD visited the Institute. The team consisted of  Prof. Jean-Noel Ezingeard, Deputy Vice-Chancellor, Manchester metropolitan University (MMU); Prof. Kulwant Singh, Deputy Dean, Professor, National University of Singapore - Business School; Dr. R. Sesha Iyer, Professor and Adviser to the Dean, SPJMR; and, Prof. Alexandra Benz, from France. They visited SDMIMD during October 17 to 19, 2016. 

Business Standard Quiz Competition

The Business Standard group conducted the Quiz Competition for SDMites of PGDM 2016-18 batch on October 14, 2016. Mr. Tushar Solanki,  Mr. Ishan Kappor and Mr. Vishak emerged as Top 3 winners of the quiz. The winners will be participating in the final round scheduled in December 2016 at Banaglore. Dr. H. Gayathri, Deputy Director, SDMIMD, distributed the medals and certificate to the winners. 

Young Managers from China Visited SDMIMD on Exchange Program

A team of 16 MBA students from Shanghai University, China, were at SDMIMD during October 3 to 7, 2016, on a week-long Exchange Program as a part of the International tie up arrangement. The young managers were led by Ms. Ai Lina from partnering university. 
 
To make the visit enriching and learning experience a lecture series was organized by experts from industries. The series included talks on leadership dimensions, managerial communication, international business, business negotiation and business analytics.   
 
Further,.they got a hands-on experience about social responsiblility and rural development during their visit to SKDRDP (Shri Kshetra Dharmasthala Rural Development Project); Asha Kirana Charitable Trust and Hospital; and other NGO’s.
 
Tthe visiting students started their day with a one-hour ‘Yoga and Wellness’ program, which was enjoyed by the students. The students had an opportunity to get introduced to the history, culture, art, architecture and heritage of India, in general, Mysore, in particular, as a part of cultural immersion activity. Social interaction and sightseeing were part of the itinerary. 
 
The week-long engaging activity also included industry visits, interaction with corporate leaders, and project presentations.
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