Kautilya - The Live Case Study

Access the Case Study (now available for download and analysis)
on the Prabandhan Website : Prabandhan | Annual Management Conclave IIT Kanpur

The Entry submission is till 11:59 PM,12th September 2010.

For rules, regulations, additional details and contact persons,
kindly visit the Prabandhan Website.

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PR & Media Cell,
MBA, IME Department
IIT Kanpur

MBA@IIT Kanpur and Green Factory presents






Prabandhan Annual Management Conclave IIT Kanpur

Prizes worth Rs 20,000 to be won !!!!








After the resounding success of Prabandhan09, Management students of IIT Kanpur present PRABANDHAn 2010, the second edition of the annual flagship conclave at IIT Kanpur. The objective of the conclave is to provide a common platform for academicians, industrialists, corporate professionals, research scholars and young management students to share knowledge and experiences, to update and get updated on current and upcoming trends in the field of business management, and to discuss the problems faced by the 21st century businesses.
The last edition witnessed large, enthusiastic participation from the student community and industry alike, and PRABANDHAN 2010 is all set to explore new heights. This conclave will strive to provide a forum to some of the best minds in the country to debate on important issues that have a substantial effect on the growth of the society, economy and nation.

Pragyaan - The Lecture Series:


In theory, there is no difference between theory and practice. But, in practice, there is. Jan La Van De Snepscheut


The central focus of PRABANDHAN, and the ideal blend of industry and academia. This series brings together distingueshed industry experts and eminent faculty on a common platform, to blur the bourdaries between classroom teaching and real life working situations. Pragyaan aims at creating awareness and providing a platform to the students, enabling them to get insights into the world outside of the academic circles.

On-Campus Events:


Saudaagar (The marketing extravaganza)
For those who believe that marketing has more to it than TV commercials and celebrities.
Sell your products in unforeseen situations - you not only have to promote the assigned products,
but also the undeclared unrelated items that come along with them, and sell them as a package.
Come, be the real Saudaagar.
Prize money: Rs 5,000
Deadline for submission of executive summary: 6th Sep (23:59 hrs)
Check out the rules, contact info and problem statement @ Rules | Prabandhan

Neeti (The operations event)
Real management starts when you come out of the books and face real life problems and get on top of it.
Neeti gives you an opportunity to test your operations expertise and come up with optimal solutions to
real life operations problems.
Prize money: Rs 5,000
Deadline for submission of problem formulation report: 6th Sep (23:59 hrs)
Check out the rules, contact info and problem statement@ Rules Prabandhan



Online Events :


Talaash (Treasure Hunt)
A box without hinges, key, or lid, yet golden treasure inside is hid. - J. R. R. Tolkien

Ever fancied to step foot in an explorers shoes and get set in search for hidden treasures?
Talaash allows you to experience the thrill in the comfort of your room with our online treasure hunt.
Solve the puzzle and be guided closer to the treasure. But treasure hunting is not for the faint hearted,
so expect some real obstacles in your way!



Jigyasa (B-Quiz)
A business has to be involving, it has to be fun, and it has to exercise your creative instincts. - Richard Branson

Do you think you are well versed with the ongoing business scenario? Do you consider yourself to be a master at web searches?
Get ready to clash with many others, who share the same thought. PRABANDHAn presents Jigyasa,
the online management quiz, which will test the breadth & depth of your knowledge.


Tarkeeb (Business crossword)
The nice thing about doing a crossword puzzle is, you know there is a solution. - Stephen Sondheim

Knowledge of world and word rarely co-exist. An entire book is written using just 26 letters! Play with
words and win the world in Tarkeeb. Tarkeeb focuses on businesses, brands, promotions, corporations history et al.
There are textual, pictorial and multimedia clues to aid as well as challenge your biz knowledge.




Kautilya (Live case study)

A satisfied customer is the best business strategy of all. - Michael LeBoeuf


In this competitive world change is the only constant. To cope up with this fast moving environment
every business has to continuously monitor its strategies and business outlook. Every organization craves
for strategists who are not only competent in dealing with the challenges and managerial dilemmas faced
by global businesses, but are capable of taking advantage of adverse situations. This competition gives
you a chance to work on a live case study to address a real world business problem. Then there are simulated
business conditions like time deadlines, information gap and a fixed budget to keep you wondering!

====================
PR & Media Cell,
MBA, IME Department
IIT Kanpur

Topic - "From Free zones to Clusters : The Policy initiative in the Dubai Model"

Speaker : Dr. Sumit Mitra

Background on Speaker :
Dr. Sumit Mitra holds a PhD in Business Policy from the Indian Institute of Management, Ahmedabad. He has a number of years of teaching experience in premier management institutes in India handling MBA level teaching and administrative responsibility.Currently, he is a part of the University of Wollongong, Dubai.

Background on Topic :
A business cluster is a geographic concentration of interconnected businesses, suppliers, and associated institutions in a particular field. Clusters are considered to increase the productivity with which companies can compete, nationally and globally. In urban study, the term agglomeration is used.
"Free zones" are designated areas which are provided by countries for economic activity. The companies present in a free zone is generally given tax sops or complete tax waiver to encourage participation, build economic activities and many other reasons.
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The seminar held was based on the Research paper "Industry Clusters in Freezones" and the work of Micheal Porter called "The competitive advantage of nations".

As Dr. Mitra proceeded to explain, the geographical concentration of interconnected companies provides many benefits such as knowledge spillover, creation of a regional brand, promotion of innovation, pooling of labour markets & minimization of fixed costs for the companies. The benefits to participating companies are in the economic as well as social realm. However, there are also a few counter-balancing threats to companies such as loss of competence when faced with companies having larger scale of operations and knowledge drain.

As Dr. Mitra pointed out, the move from being just a free zone to being a cluster requires the presence of network brokers. These network brokers are external entities whose primary activity is to promote trust, coordination and cooperation among companies involved. Here he emphasized that Porter's definition of the Diamond Model put government as a minor player in this entire activity. In most cases, the companies synergize among themselves and develop the infrastructure and logistics of clusters to together form a stronger entity. However, Dr. Mitra added that SMEs would require some form of hand-holding with the government in the form of policy definitions as well as certain initiatives.

He further elaborated that clusters are governed mainly through Markets or Policy. Markets can have certain disadvantages since the big players can create a monopoly thus preventing SMEs and smaller players from gaining any advantage of associating with a cluster. Consequently, Policy seems to be a better approach towards a unified and mutually beneficial partnership.

Dr. Mitra next moved on to highlight a few facts regarding Dubai which helped us understand the economic, political and social environment in which these free zones are developing. Due to the limited nature of its resources, Dubai has had to chart its own course towards becoming a knowledge hub of the future. In line with its 2015 plan of venturing towards R&D; and other such core knowledge driven industries, it has established multiple free zones which are aligned towards specific activities. The free zones studied by Dr. Mitra are Dubai Media City and Dubai Logistics City.

Dubai Media City (DMC) is a tax-free zone within Dubai, United Arab Emirates. It has been built by the Dubai government to boost UAE's media foothold, and has become a regional hub for media organizations ranging from: news agencies, publishing, online media, advertising, production, and broadcast facilities. The ground work for infrastructure (Such as fiber optic cables) was already laid for firms to setup easily and its visa and operational procedures were relaxed for firms operating within DMC.

Being a part of DMC provides many tangible and intangible benefits such as publicity through presence of frequent events, conferences, well planned infrastructure as well as many value added services. Dr. Mitra shared with the attendees some information on the unique consulting support provided by TECOM (an arm of the Dubai Economic Council) with the help of Deloitte to the SMEs who cannot afford such consulting.

Some of the problems faced by the free zones operating in Dubai were brough out by Dr. Mitra. He elucidated that the main bottleneck faced is the sharing of the airport and seaport among all the free zones. However, since all the free zones come under the Royal Family of UAE, the differences are ironed out fast without much bureaucratic delays.

Through his own observations, he conveyed the positive attitude of the Dubai government in giving excellent infrastructure backed by friendly policies and fostering a growth in free zone participation which may one day become a cluster in its own right.

The seminar was wrapped up with a free-wheeling discussion between Dr. Mitra and the esteemed faculty of IME Dept., IIT Kanpur where many aspects of Dubai's involvement in free zones were analyzed. The impact of government participation and policies, the effect on the population of Dubai, analysis on few other clusters which had indifferent growth to determine the true reason for impetus to cluster formation were a few of the open ended questions which churned out some interesting perspectives and left the attendees with many issues to mull over.

hello Adtiya,

It's good to know that you are feeling inclined towards business world and wants to approach it with open eyes. Adtiya, if you want to get the feeling of business world, from my personal experience all i can say that....

1. The real learning and business experience comes when you are in a job and have some job experience. When you are in a job, you really feel as if you are part of this business world and get to know about the know-how of business and how companies functions. If you can get the feel of business, without being part of it ( which actually very few people get it), you can think of MBA directly after your graduation.

2. Enter in stock market. If you want to get an early experience better you start now, or start when you are in job. There is a site known as monercontrol.com and there you can play stock market virtually. But, personally i say that, unless and until you enter with real money, you won't be able to learn much and won't take it seriously. Start with a low amount say 10000 and see how you perform and stock market is the surest and the best way to get a feeling of what business is all about. But, beware if you feel that your studies are getting hampered, better to stay way from it till you get into an organisation.

3.Start with The economics times, read business week and business world and case studies there and they will keep you updated with all the information. i won't suggest you to read them throughly, but be in touch with all the latest development and happenings like M&A;, SEZ, new product launch to name a few.

4. In starting you may feel that, some things may not interest you, but my request to you is that pls. do not give up in the begining itself. Just go thro' the things once. What all matters is that whether you give up or not. Starting any thing is not a big deal.

cheers,
Vikram

hiiii Friendoffriends

nice to meet u, I read u at Living Life @IIT kanpur MBA
at pagalpuy. its really cool n amazing.
Anyway I am Arvind Mahor, goiing to join IIT K this year for my dream program i.e. MBA.
so, just came across this thread, and found lot of participation from ur side, so I thought that u are suitable person to talt more abt MBA@IITK.
I have done B.Tech from NIT jaipur in 2006, since then I have been working with C-DOT, so have almost 4 years of experience.
...............so little confused in joining in IITK, now I expect that u can remove this confusion.
so just want to know abt u ( about ur whereabouts in personal and career life ) more and about MBA@IITK ( how is it comparable to other B-schools, where it exactly sits in ranking comprising all the factors. like, placement, faculty, infrastructure, life at school and overall environment .....)

so hope ........ for ur reply
will be thankful, if u can give me ur personal contact info ( phone and email )

thnks and regards

Arvind Mahor

Banglore

Both of the morning sessions by by aditya as well as Dipankar Ganguly were very informative.
Considering the craze to take up finance as specialisation among the batch mates , such sessions are very helpful and bring out the most of us as participation.

Finatics 2010 kicked off today morning with an opening speech by Dr B V Phani.

The first session was conducted by Mr Aditya Kaul Dullo, who is an alum from the IIT Kanpur MBA (2004 batch). Aditya handles sales & marketing for a leading multinational bank's credit cards division.


The session revolved around the effect of the recession on the credit cards industry, which is based on wafer thin margins. With dwindling profits, it was time for the industry to pull up its socks, and take some drastic measures to regain profitability.

The lecture invited a barrage of questions, from students and faculty alike, due to the very lucid and engaging discourse by the speaker. In the end, due to paucity of time, the audience was gently requested to carry on the discussions offline !


The next session was taken by Mr Dipankar Ganguli, an adjunct faculty and a practising Chartered Accountant of repute in the city. Mr Ganguli talked about the intricacies of the 2010 Budget, what were key points, and how it is going to affect businesses nationwide.


Gotta rush now for the next session on Credit Crunch and the Financial simulation game workshop !

FINATICS 2010


Finatics is the Annual Financial Conclave of IIT Kanpur. It will be organized by IME department, on 10th and 11th April 2010. Finatics is a dedicated conclave on topics related to finance and is one of its kinds in northern India.

Finatics 2010 - Theme
The past two years have seen a lot of change globally. Industry behemoths have fallen, countries have gone bankrupt, thousands were laid off .The survivors are picking up the pieces and moving along, having learnt their lessons from history the hard way.

The financial turmoil has had a lesson for one and all.

The quintessential question of change, however, is back at the fore. Change in our business structures and strategies, change in national policies, change in the human mindset; all of which require a revolutionary change in our traditional thought processes, shaped over decades of sustained successes all of which though failed in the moment of truth. And this important question of breaking past our traditional knowledge barriers in essence, is the central theme of Finatics 2010.

This conclave will strive to provide a forum to some of the best minds in the country to debate on this all-important question that will determine the future of the society, economies and nations.



The events of the conclave are :

1) FINTUITION : An online crossword competition to spot the financial terminology !!

1. Create the magic of words with the wand of finance
   
2. Twist n Turn your finance acumen
   

2) FINSENSE : An online quiz testing the financial knowhow of the participants !!

1. Win the time race with your financial prowess
   
2. Let the mind tick faster than the clock
   

3) WORKSHOP : Workshops, aimed at imparting practical knowledge, and know how in concise manner!!

1. Mundane classroom days are over
   
2. Learning will be fun again!
   

4) SANCTUM : Increasing awareness beyond the classroom !!

1. Interaction with the gurus of finance from academia as well as industry.
   
2. Debate the recent Financial turmoil!
   

For more details Kindly visit Finatics Annual Financial Conclave IIT Kanpur

Hi All,

The First Blog on Businessweek for the month of February by P. Ramkumar has been published.

Topic: Toyotas Product Recall: An Ethical Introspection

A Perspective...: Toyotas Product Recall: An Ethical Introspection

Please leave your comments

Whew... An exhausting weekend ahead !!! What with 1 project proposal, a paper, a quiz and 2 readings assigned for Monday (followed by another quiz, a presentation and more readings assigned for Tuesday ), the AGCETI conference starts tomorrow !!!

The AGCETI is an entrepreneurship workshop, with a number of VCs, entrepreneurs and industry luminaries invited for presentations and panel discussions. In addition, all the entrepreneurs groomed at SIDBI, the IIT Kanpur entrepreneurship incubation centre would be organizing exhibitions. The function spans 3 days starting tomorrow, and each and every discussion is a NOT-to-be missed event...


Lord, grant me strength, and the power to stay awake !!!

Finally Ripul delivers the goods - The IIT Kanpur MBA site is revamped !

The new website offers more information on the front page, utilizes space more efficiently, and looks neat .

Do have a look and throw bouquets and brickbats at us ! ;)

IIT Kanpur MBA

Hi,

I am 2007 passout and now employed with tier1 software company.. intrested in doing ma MBA..

I screwed CAT this time.. so definitely i will make my presence in some institution in 2011

I wanna know how good IIT's in MBA course.. I love IIT's and i know IITK is good than any inst in rest of the country..please comment on this..

how much i should score in my JMET and Which IIT is good among all over the country...please help me..

~Thank u so much~

Thanks!

Hi Sohail...

Most of your queries are subjective or directed to the wrong people

However, I will still try.

1) The IITs have the infrastructure, faculty, students, alums to facilitate a very good MBA program. And it surely does put all of them to good use.

I wont say it is the best B-skool in the country, but I certainly vouch for it being amongst the good ones. For the best IIT amongst the IITs, or the comparative ranking, I am not the best person to answer. Check out the different rankings, ask specific questions, and exercise your wisdom :)

2) Scoring in JMET is entirely dependent on the paper. However, you have a decent chance of atleast one call from any one IIT if you are ranked below 1500 in the general category.

3) This is not the appropriate thread for such queries. For IIT Kanpur specific admission queries, Kindly go to the below mentioned thread from the next time -
http://www.pagalguy.com/forum/other-exams-xat-fms-jmet/45979-iit-kanpur-admission-queries-2010-a.html

All the BEST for this season !!!

Hi,

I am 2007 passout and now employed with tier1 software company.. intrested in doing ma MBA..

I screwed CAT this time.. so definitely i will make my presence in some institution in 2011

I wanna know how good IIT's in MBA course.. I love IIT's and i know IITK is good than any inst in rest of the country..please comment on this..

how much i should score in my JMET and Which IIT is good among all over the country...please help me..

~Thank u so much~

Thanks!

virbhaykmr Says

Every one knows last year was really a bad year if placements are considered the primary goal of an MBA degree, which unfortunately is true. You will never find the placement numbers being advertised any where except in B Schools(shops). Many so called tier II schools failed to provide an earning to the whole batch even after inflating all available statistical figures highest, mean,median,total offers....People tend to be secretive while declaring the figures. Who will lead the cattle so that the followers (Kanpur waits for Madras and even Roorkee!) can add a small margin to the leader and claim top ranked.At the end of the day the numbers are grossly perverted, taken far away from the reality. Top of it the teachers also do not object to these . Atleast in IITs and IIMs they should. Who pays the price of these? The prospective Mangers. They just add 20% more to this number and relax in their dreams! Slowly with time they realize the reality and get frustrated. Who benefits?The people who prepares the MBAs i.e TIME, CL,CF.....(their course fee is driven by the numbers). Well every where the story is repeated. Thank you for reading the long mail. Now let me break the ice. Four students (9%) of class of 2009 of IITK could not get placed. The average salaray of the remaining were 7L(optimistic side), lowest was 4L. Atleast 10 students just accepted the offer under "something is better than nothing" principle. I came to know that they are being paid 20-25K. But still the site mentions a 100% placement and you can compare for the other numbers.

Hi Virbhay...

We purposefully delayed the response to your post for the simple reason that there is no end to this discussion about packages. We will keep trying to convince you that our figures are correct, and you will keep on denying, and we would together consume space on this thread unnecessarily.

Just a simple point: Inside an IIT, dont u think it would be a tad difficult to FUDGE figures? We have a two tier placement system - The MBA placement committee, and the Students Placement Office. Moreover, the placement figures are actually posted on the iitk.ac.in domain, so there is bound to be some level of verification happening somewhere.

Another point that I wish to make is that time and again, people in the IITK MBA program(and in all other MBA programs, even at the IIMs) do accept lower packages to pursue their desired profiles. Now, whether they accepted it out of compulsion or desire is a highly subjective question, and cannot be verified too.

I stand by the figures on our website.

Every one knows last year was really a bad year if placements are considered the primary goal of an MBA degree, which unfortunately is true. You will never find the placement numbers being advertised any where except in B Schools(shops). Many so called tier II schools failed to provide an earning to the whole batch even after inflating all available statistical figures highest, mean,median,total offers....People tend to be secretive while declaring the figures. Who will lead the cattle so that the followers (Kanpur waits for Madras and even Roorkee!) can add a small margin to the leader and claim top ranked.At the end of the day the numbers are grossly perverted, taken far away from the reality. Top of it the teachers also do not object to these . Atleast in IITs and IIMs they should. Who pays the price of these? The prospective Mangers. They just add 20% more to this number and relax in their dreams! Slowly with time they realize the reality and get frustrated. Who benefits?The people who prepares the MBAs i.e TIME, CL,CF.....(their course fee is driven by the numbers). Well every where the story is repeated. Thank you for reading the long mail. Now let me break the ice. Four students (9%) of class of 2009 of IITK could not get placed. The average salaray of the remaining were 7L(optimistic side), lowest was 4L. Atleast 10 students just accepted the offer under "something is better than nothing" principle. I came to know that they are being paid 20-25K. But still the site mentions a 100% placement and you can compare for the other numbers.

We will now keep you updated about the latest events and happenings at MBA, IIT Kanpur through SMS on your cell phone. So, you can now stay updated on the move. To subscribe the service please visit

http://labs.google.co.in/smschannels/subscribe/MBA-IITK

Also you can follow these happenings on your very own Twitter. You can follow IIT KANPUR MBA (MBAIITK) on Twitter

Prabandhan 2009 Day 3 (20th September 2009)

When the Prabandhan team woke up today, the exhaustion was apparent. The 2 fun-filled, eventful days had surely taken a toll on everybody. Running helter and skelter organizing lectures under Kiran, or trying to manage over-enthusiastic crowds for the offline competitions Adhikansh and Nirmiti, are not easy tasks at all. Nevertheless, we were excited that the conclave was moving ahead with gusto, and were looking forward to an even more eventful final day, to end the festival in style.
But what followed was completely unexpected. While the team awaited Mr Ashok Bhagat (VP, Societe Generale and speaker for the day), the honourable commissioner of Kanpur City, Mr. L Venkateswaralu walked in along with the speaker and our honourable director Prof. Dhande ! Apparently, the commissioner had got to know about the conclave due to the extensive media coverage, and expressed his desire to be a part of the proceedings, much to our delight.
The day started with Prof Dhande expressing his profound views on management education, questioning the motivation behind it. The Director firmly asserted his disagreement with the traditional beliefs associated with MBA education, like the ruthlessness ingrained in future managers, or profit-making being the sole purpose. Instead, social welfare and wellbeing are much more important objectives for a manager, Prof Dhande noted. He also emphasized the importance of philosophy as an ingredient in the managerial discipline, which according to him should be taught much before the traditional subjects. After all, finding ethical answers to questions like, What should be the goal of our life? should come much earlier in the scheme of things for an MBA, which will enable him/her to keep things in proper perspective. In the end, Mr Dhande urged the students to indulge in introspection, transform their thinking process, and realize that social contribution is a measure of a managers success, not financial contribution to oneself.
The honourable commissioner of Kanpur city carried the discussion forward by demarcating two major concerns for an individual the concern for ones own self, and the concern for values. He accepted that sometimes human beings dont have a choice in such matters, but when they do, it is necessary that they choose the right path. Someone with a pleasure seeking attitude will maximize his/her own welfare, and if the entire society takes such an approach, there are bound to be conflicts leading to imminent doom. Mr Venkateswaralu also emphasized the need for strategy formation for every task be it the need to market a product, or to promote a cleanliness drive in a city. Both these include the need to bring about an attitudinal change in people. Therefore, managerial capabilities are as crucial for educating people about using soaps, as they are to attract them towards a particular brand of soap. He also expressed his desire to interact with MBA students at IIT Kanpur frequently, whether through formal or informal channels, and hoped that we grow together and contribute to the greater good of the society.
After the inspiring thoughts put across by the Director and the Commissioner, Mr Ashok Bhagat took to the stage. Agreeing to the views, he opined, Human intelligence has to be used in the proper way. Profit and greed are different entities, he argued, and should be easily distinguishable.
Mr Bhagat then conducted an interactive session on Risk Management in International Business. Explaining in a lucid manner, he categorized the various types of risk, namely Credit, Performance, Country, Currency, Transportation, Transaction structure, and Fraud risk. The rest of the session revolved around these risks, and methods available to evade them. The speaker wound up the session with a real life example from the early 90s, where around 50 importers from India were cheated, how it could have been prevented, and how it necessitated the need for 2 new rules to be drafted by the RBI.
After the inspiring and thought provoking session, Prabandhan 2009 was yet to be called complete, as the online events team and the Website team were gearing up to handle the web traffic expected for the last quiz under Chunauti, while the Prachaar team continues to receive posters for its Low cost Housing advertisement competition.

Prabandhan 2009 starts with a bang !
In the presence of esteemed faculty members of the IME Department, IIT Kanpur and students of the MBA programme, Mr Ranjan Kumar, Director India Operations of RocSearch inaugurated the three day long management conclave with the lighting of the lamp.
Prabandhan 09, with the theme: Phoenix Rising from the ashes is the flagship event of the management program being run under the aegis of the IME department at IIT Kanpur. It combines the various events being held separately earlier, like Finatics, Consilium and MarkOps, in order to gain better leverage and combine all related events under a common umbrella.
Mr Kumar took the theme head-on, questioning it at its core whether the resurrection is real or a temporary passing phase, which will actually lead us to a bigger crisis, the foundation stone of which has already been laid in the process of tiding away the present one. According to Mr Ranjan, We are trying to solve todays problems, not focussing on the long term consequences of the same.
The honourable chief guest initiated his talk with a discussion on: How it happened, and why. The intricacies of the errors in judgements made by the celebrated Investment bankers and mortgage lenders were explained in detail. Subsequent happenings, including the fall of various banks and insurance companies were then related to the mistakes committed earlier.
Concluding the discussion, Mr Kumar said, It is time for us to introspect and rethink. The lens which was clouding our vision has been cleared and we can now identify our vulnerabilities. He also laid out a framework of steps to be followed with the help of first amongst equals a study of various firms which took prudent steps to weather the crisis, and emerge stronger in the process. The steps included increasing operational efficiency, enhancing capabilities to gain future opportunities, innovation and positive disruption in company leadership.
Responding to queries, Mr Ranjan gave his advice for an Aam Aadmi Conserve Cash, and Save More!
The day also marked the start of Prachaar the advertising and poster making contest, leaving all aspiring marketers and brand managers working hard on their versions of a Low Cost Housing advertisement.
The evening culminated with Chunauti the first quiz in a series of three, which focussed on marketing, saw humongous participation from some of the best minds across the country. Students from top B-schools and corporates participated vying for the cash prize.

A guest lecture was conducted by the Department of Industrial and Management Engineering on Supply chain issues in specific and Accenture in general.
The dignitaries present to deliver the talk were
Mr. Harsh Manglik, MD
Mr. Sanjay Dawar, Managing partner-Supply chain
Mr. Prithvi Shergill, Senior Executive-HR
The discussion highlighted the business processes at Accenture in general and how its end to end solution implementation helps it live up to its tag line- High Performance. Delivered. While Mr. Harsh Manglik stressed on the client relationship management and how Accenture ensures that the solutions are implemented successfully at the clients end, Mr. Prithvi Shergill talked about the career opportunities and measures that Accenture has taken to reduce employee attrition and increase employee motivation in the current slowdown. Mr. Sanjay Dawar talked about the supply chain issues prevalent in India and how they are different from the issues in the rest of the world. He specifically highlighted the complexity of the Indian Retail supply chain given the vast expanse of the distribution network unlike in western countries where a large chunk of the distribution network is taken care of by large retailers like Wal mart. This in itself presented huge challenges in managing Indian supply chains. Upon being questioned about the different supply chain performance metrics that are applicable in different industries, he mentioned about the broad framework which is common to all supply chains across all industries apart from the metrics that vary in each industry per se. He also stressed on the fact that in the current scenario of attempts towards a never ending optimisation of the supply chain, it is imperative to try and implement cross industry effective supply chain measures in other industries. This was substantiated by the fact that an increasing number of mining & exploration companies are using 3PL for accessing capital goods and equipment which is a long standing successful inherent feature of the supply chain of the automobile industry.
On the whole, it was an excellent interface for the students with the current supply chain industry practices.

PRABANDHAN 2009


Prabandhan is the Annual Management Conclave of IIT Kanpur organized by MBA and IME Department of IIT Kanpur. It will be organized from 18-20 September 2009 .

As the economy is facing a downturn, focus of the conclave is how various corporations tackled the problem and rose through it. The worst is over, but still the corporations are trying their best to come out of the bad phase and make profits. The events of the conclave are focused on the various problems faced by the corporations during downturn and learning the best ways to beat these problems.

The events are :

1) ADHIKANSH : Think better..do better !!
As the income of consumers decrease and corporations face downturns due to the current economic crisis, there arises a challenging need to attract customers in newer smarter & innovative ways.

2) NIRMITI : Time to Rebuild !!
Nirmiti is a paper writing contest, based on theme of Employee Engagement: A Tool For Managing Change.

3) NIVESH : Get Addicted....!!
Nivesh is a virtual stock exchange game with all the features and dynamics of real world market.There is no safe or certain way to make money in real world market, and same is the case with Nivesh.

4) KIRAN : A Ray of Wisdom !!
Kiran is the lecture series where stalwarts from the corporate arena will be giving lectures on how they faced the downturn. What are the policies they made within their organizations and how they implemented it successfully when everything was against.

5) NITI : Lets sit and discuss !!
Niti provides a platform to the bigwigs of the corporate world to deliberate on recent issues.

6) CHUNAUTI : The Challenge!!
A series of online quizzes which will be held during each night of Prabandhan.

7) PRACHAR : The Advertisement!!
Prachar is an online event where the participants will be given a product on each day of Prabandhan. They will be required to make an ad poster of size A3. The posters can be hand-sketched or can be made with the help of a computer.


For more details Kindly visit Prabandhan

A talk on Right to Information Act: Path to Swaraj

Swaraj, or self-rule, a concept propagated by Mahatma Gandhi, is integral to our idea of a democracy. The freedom struggle was, in effect, meant to realize the same. But did Independence actually bring about a sense of self-governance?
What kind of democracy are we living in? Does the concept of individual sovereignty still hold any value for us?
In the talk on the Right To Information Act: Path to Swaraj, a lot of such burning questions were raised, and some of them were answered.
IIT Kanpur organized the talk by the Information Commissioner - CIC, Mr Shailesh Gandhi on the 7th of September 2009.
Mr Gandhi presented an eye-opening view of the current state of democracy in India: talking about the differences in a participatory and an elective democracy, and created awareness about the RTI act amongst the audience.
The RTI act empowers the Indian citizen to monitor the Government individually in large numbers. Some of the salient features of the act are:
1) It makes a public servant accountable. All the citizens have to do is pay Rs 10/- to get information on the Governments actions and decisions.
2) The RTI act can be used to obtain information from all government bodies, bodies controlled by the government or having substantial investment by the government, or any institution established by an act of Parliament.
3) The law mandates that the information has to be given in 30 days.
This simple act wields enormous powers. If each one of us files even one RTI application every month, the sheer volume of these questions will be enough to ensure that all government servants do justice to their roles and responsibilities. After all, lack of accountability breeds complacence and corruption.
Mr Gandhi explained the procedures of using the Act to force the concerned organization to act, using a lot of real life examples in which the RTI act has been used to bring people/agencies to book. In the end, the problems faced by several members of the audience while exercising the Act were discussed and an attempt was made to answer all the questions posed.
The lecture was informative and inspiring, and it left the audience enabled and empowered to use the Act to bring about much needed change in the governance of the country!
About the speaker
Mr Shailesh Gandhi is a B.Tech from IIT Bombay, following which he setup a plastics packaging small-scale unit in 1972. Mr. Gandhi established Clear Plastics Limited in 1980 employing 500 people and using only indigenous machinery. Known as an innovative entrepreneur, he designed and supplied plastic bottles and caps to some of the best Companies in India. In 2003, Mr Gandhi sold his business to work for Right to Information. He has been the Chairman of the IIT Bombay Alumni Association for 3 years. With a number of accolades and awards under his belt (described below), he is an inspiration for one and all, working for the betterment of life and reducing corruption everywhere.
Awards
i) Distinguished Service Award and the Distinguished Alumnus Award by IIT Bombay
ii) The Nani Palkhiwala Civil Liberties Award in 2008.
Furthermore, Mr Gandhi was in the forefront in the Satyendra Dubey case and is a prolific user of the RTI act to uncover a lot of social corruption issues, such as:
i) Inform citizens about the details of the Maharastra CM's Relief fund
ii) Stop giveaway of Public money of over 1000 crores in redevelopment of Crawford market
iii) Curb political interference in Police transfers.

Hey guys !!! I'm back in the reckoning!!!!!!!!!!

Time to flood more on PG with IITK news.

It has been only a month since we have joined in reality however in virtuality it seems we have been here for so long!!! Time flies here unlike the time in my company.

Even last week my b'day was celebrated that reminds me of my college days. . Ppl lifted me and gave some b'day bumps!!! and then usual cake facial. Feeling awesome here after spending some lugubrious days at the company. Here we have joined various committes. Mid sems are just round the corner. However, there is no dearth of enthusiasm for these events. Very soon Prabhandan will take place that would invite events related to Consulting,Finance,Marketing, Operations. Yahoo our first B-school event!!!! .Life here is all about case studies,presentations in the class and lot of discussions among ourself outside the class in our hostel rooms . I and my batchmates will keep throwing more light on the events here!!!!!

@ Ashutosh

Thanks for reminding me of the birthday, and "celebrating" it was just a mild way to put it. My body is still aching after the assault at 12 AM today.

This to me has been the best part of my stay at IIT K. Yes we do have to discuss case studies @ 2 AM in the night, we do have assignments and deadlines, we do have presentations but along with all that we have loads of fun here. There is a plethora of activities here and 2 years i feel would not be enough to take part in them. IIT K is a heaven for sports freaks, cricket, football, TT, Lawn Tennis, u name it we have it .Then there are the numerous events and clubs to be part of like the adventure club, astronomy club , business club, Music Club and so on . The list is endless. And yes what can be better than being a part of the "bakar" which goes on in the hostels 24 *7.

Well its exactly a month since we arrived here and after pondering over the last month , I have just got two words for IITK.

"IITK ROCKS"


Gopakumar
MBA, IIT Kanpur
Class of 2011

Hello frns,
Its almost 2 at night. Life outside this campus seems to be sleepy but in campus, its as much alive as it is in the day. Mid night bday parties acts as catalyst in this reaction of time and destiny. Today we celebrated Gopa's bday. After working in MNCs and living in that flashy life of metros, we are rejuvenating the spirit which was lost somewhere in the pathway of utility maximization. Now, Overall budget of party is almost equal to the per head expense at metros. Daily attending lectures and doing case studies are now a part of life. Mid sem exams are round the corner. But Studying after having a sip of cold coffee in Hall 9 canteen with some selected pieces of GOD made best creature is as interesting as hearing the discussions on case studies and listening comments by profs.

Now 5 hrs sleep is assumed to be a gud one and believe me we all are accustomed to it now.(Even a person like me who was used to become hazard if he was not able to sleep at least 8 hrs.):biggrin:..

Time to have a sleep.

ASHUTOSH SHARMA
PR & MEDIA CELL
MBA Class of 2011
IITK

This week was chosen as B-week by the Business club of IIT kanpur commonly known as B-club. Many events like quizzes, case studies etc etc. saw huge participation from the students community. The last but the most interessting and most awaited event that took place today was Oil Tycoon.

Oil Tycoon was a business strategy game wherein participants formed a team and each team haad 3 members who then played the game as per the rules and the team which makes most profit was decided to be the Winner. MBA batch of 2011 proved its mettle and one of the teams from our batch stood first in the game. Kudos to all the members of the team which has made the whole batch proud.

After a long and too busy a week its time for a long break as well. The weekend has been made a little longer by an additional holiday due to janamashtami. Most of the people are having rest at their home but those of us who are here at campus are living life king size. Yesterday we all went to sankirtan, matki phod and various other janamashtami celebrations in the campus organized by bhaktivedanta club IIT kanpur.

The coolest part of being here is that its been raining here for past two days in good amount and for a gud enough period of time. The weather is calm, cool and soothing. This morning when we woke up in the morning it was raining and we all decided to have a shower in rain and we all went to the rooftop at hostel and had a rain dance. Certainly these memories of stay at IITK campus will be with us throughout our life and it was an unforgettable experience.

Yes I totally agree with maxell. I would like to tell my friend manu that its a quality of a Good manager that he is not unsettled by any amount of pressure and I am on the right track to be a good manager and u should also come to me and take some classes from me to handle the pressure: . Just dont worry since u r my frnd I wont charge you.

The pressure, however, refuses to unsettle Gaurav.
U see, the previous post was written in between a Computing Lab


:splat::splat::splat: for Gaurav !

Now that we have entered into the third week of our academic curriculum the pressure is increasing per second. Today we had two surprise quizzes in two consecutive classes and it was real fun to have surprise quiz which have a weightage in your final grades.

More and more deadlines have to be met in less and less time but there is good part to it as well. Late night discussions over a cup of cofee in anteen, project and assignment meetings in the canteen at 1 am in the night, interviews for various clubs and cells etc. etc. have become an integral part of life and has helped us a lot in building strong relationship amongst us. Our batch strength is a blessing in disguise for us as its like a family and all members are contributing their part for the family.

The best part of life here is that there are a hell lot of extra curricular activities and sports to participate in and even a lifetime would be short to take part in all the activities. Events organized by Business club and guest lecture by Senior consultant of Boston consultancy group gave us an extra edge over others. A lot of things are being learnt by us outside the classroom from these evnts as well as from our peers and this is what MBA is all about and is not about classroom learning but much more than that.

Hall 10 the newly constructed hostel for MBA 1st year students was on fire for the whole day. The environment was enthralling,exciting and superbly energetic. Throughout the day practice was going on for the various performances to be performed at freshers. Everybody wanted to do something or the other.

Finally came the time for freshers and it started as per the Indian time (1 hour late) but the competition for Mr. and Ms. freshers was exciting and amazing. Odd questions were put up and contestants(whole class) replied in the different odd ways. But overall it was a very entertaining act. Freshers gave various dance,singing,and guitar performances and seniors were also amazed at the talent our batch had. After the dance performances the floor was open for all to dance and we had a real gud time dancing with our batchmates as well as seniors.

Overall a very Rocking Freshers party was thrown at us by our seniors and we hope to have many more such parties in the future

Finally the Induction Programme for us by the Seniors is over. It was a real good expereince for us and hope we continue this newly adopted trend for the coming batches. The information passed to us by the seniors will surely help us in the long run.

Life here is all about case studies, presentations and projects but there is a lot of time for other activities like swimming, lawn tennis , cricket etc.etc.

Mr. Narayanmurthy who is our alumnus is on the campus to inaugrate the Golden jubilee celebrations and the informal session with him is something one won't forget.

The torture is all over and freshers is just a few hours away. Hope we get to know all our seniors nd enjoy freshers a lot coz maybe its going to be our last freshers party.

Updates -

ANkitKumarNigam has surfaced. And he is my next-door-padosi

The "MBA grill" has started. The other day we got reading material from a prof at 11.30 PM due next morning ! :drinking:
Noticed another sign that we are on our way to become managers - we debated on 2 paragraphs for 1.5 hrs in an accounting class... talking all kinds of crap ! (And i heard we r gonna get paid for this kind of thing 2 yrs later )


Updates will follow. Saturday nites are meant for watching muvees and playing CS

Ah, all pain is over. Almost, all settled. Everybody has got hostel, a day before the promised date. Internet is also running and classes are on full swing.
IIT K is a heaven for them who want to live on their terms. Not much pressure is there, but emphasis is given on self study and exploration.

Gyan

Hi All

So our first week ahs nealry gone past here at IITK.We have been through with nearly all the admission formalities here such as id card making,submission of documents ,medical check up. I'm really loving this huge campus which is so well maintained with olympic size swimming pool, well equipped tennis courts and other sports facilities(Still need to explore more!!!).Cycle is a big relief and is a must here!!!

And yes met the pg junta here at iitk.

MAxwell bhai maine tumnhe pehchan liya. :)

Well post rest of the details once we settle down !!!!

Dudes and dudettes,

I declare this thread formally open for Season '09 !


Reached IITK on the 21st. No hostels ... yet for the MBA junta. First a barrack was given and later on we were shifted to sharing flats


Nowadays, we are going thru the orientation and classes will formally commence from the 27th. Days are being spent cycling around, trying out the food in all the halls and random bakar.

Met a lot of "pagal"oos in my batch. Some being hemantkakkar, dextar, bonniebasu, ATP, riyo8 et al.


Key takeaways garnered till now -

1) Riyo8 ko ek cycle aur Wifi connection dedo to ye 5 saal tak bina khana khaaye zinda reh sakta hai.
2) Bonnie kahaani bahut achhi sunata hai(aur lambi bhi)
3) Dextar ne mujhe pehchaanne se inkaar kar diya


AnkitKumarNigam has not surfaced yet. :sneaky:


Rest later.

Adios !!!

Dear Friends,

For the month of June, Anamika Tiwari has authored the article "A Time to
Bill".

The same has been uploaded on Business week.

You may kindly check it at

A Perpsective...: A Time To Bill

Thanks & Regards

The Board of Governors of Indian Institute of Technology Kanpur (IITK) taking a note of the tragic death of Shri Satyendra K Dubey, an alumnus of IITK who died fighting against corruption, had instituted the Satyendra K Dubey Memorial (SKDM) Award for honoring outstanding alumni of the IIT system i.e. all existing Indian Institutes of Technology, who have shown professional integrity and have been upholding human values
The presentation ceremony of the Distinguished Alumnus Award and the Satyendra K. Dubey Memorial Award was held on the occasion of the Alumni Day (Annual Alumni Convention) of the Alumni Association of IITK i.e on the forenoon of Saturday, February 28, 2009.


The dignitaries present at the occasion were :


1.Dr. D. Subbarao, Governor, Reserve Bank of IndiaDr.
2.Udai P Sing, Vice President, CH2M HILL, CA USA and President-Elect, Environmental and Water Resources Institute of the American Society of Civil Engineers
3.Mr. Manoj Pratap Singh, Global Managing Partner, Operations Deloitte Touch Tohmatsu
4.Prof. Arun P Shukla Simon Ostrach ! Professor and Chairman, Department of Mechanical Engineering & Applied Mechanics, University of Rhode Island
5.Mr. Shantanu Srivastava Managing Director & CEO, Ishan International Pvt. Ltd., Managing Director, Norvis Holdings (Singapore) Pvt. Ltd.
6.Dr. Shreesh Jadhav Swami, Rama Krishna Mission
7.Dr. Devendra Shukla, Founder President and CEO, Innovative Technical Solutions

The presence of such luminaries in our midst was an inspiring experience. All of them had stories to tell related to the campus and their journey since then. More than anything else, it gave a glimpse to the students present of where they should be heading and what they could possibly achieve.

Hi

Dept of HSS, IIT Kanpur conducted a short term course on Global Financial Management from 4th to 13th February 2009. The course was taken by Prof. Dr. Michaela M. Kiermeier, Professor Financial Management, Darmstadt University of Applied Sciences, Germany. Dr. Michaela, an expert in portfolio management, have visited many universities around the world and conducted short term courses in Finance.

First and second year MBA students who wanted to specialize in finance were also invited to attend the course. The main objective of the course was to make the students understand and adapt to changing and challenging global environment. The course also enabled the students to acquire and apply knowledge and tools in various financial areas to solve business problems in global context. The course helped students to get introduced to global financial management. It also assisted the future managers to get acquainted with concepts, activities and management techniques related to the planning and coordination of international aspects of finance, portfolio management, and risk management.

Lectures, discussions and case analyses formed the course pedagogy. Students took presentations as part of the performance evaluation and participated in the discussions. At the end of the course Dr. Michaela was happy to see a group of young and dynamic professionals who were keen to know each and every nuance in the field of finance.


Regards
Rakesh R
Media and PR Cell
IIT K MBA

Amidst the frenzy of case studies and presentations, the students found time to let off some steam at the recently concluded sports meet at IIT Roorkee.

Check out the snaps at IIT K MBA Blog !

MBA @ IIT Kanpur

Hi

You all must be aware of the ongoing Satyam fiasco.
Here is an extensive article posted on the business week IIT Kanpur MBA blog.
You may refer to it as it could well be a burning topic for the upcoming GD/PI's.

A Perpsective...: Start



Regards

The recent recession has hit everyone, including B-school students. However there are many facets to every situation - the good as well as the bad.To get an insight of the scenario across B - Schools and the job market in general from the point of view of a management student, check out :

Businessworld - The Party Is Over

With the year 2008 drawing to a close its fitting to end it with a brief summary of milestones of the year gone by

Fuelled by ambition and driven by initiative, the year gone by has been truly eventful to say the least. This year was marked by a series of firsts competitions, seminars as well as full fledged festivals. Though each day at IITK has something new to offer in terms of education and experience we bring to you a brief snapshot of the more prominent events which have shaped the past year.

1. " Consilium 08" a consulting conclave was organized for the first time with a view to provide a sneak peek into what it takes to take up consulting as a career. With industry veterans gracing the stage with a number of talks covering a whole range of topics related to consulting, this two day conclave was a huge success among students.
2) " Finatics 08" was another first of its kind, designed to give the finance enthusiasts of MBA, IIT Kanpur a stage to test their mettle.
3) " Al meet 08" , was organized with a view to bridge the gap between the alumni and the current students and to forge a mutually beneficial relationship between them.
4) An IITK MBA www.iitkmba. blogspot. com blog was started to give a running account of what makes us tick and what makes us stand apart!
5) Megabucks which has been a regular feature of our academic calendar was again a resounding success.
6) The IME department which offers the MBA course is all set to move into a state of the art building funded by alumni of the college.The construction is already under way and moving at a fast pace.

This is just a miniscule of the activities that take place in the campus, activities which constantly educate as well as motivate the students of MBA, IITK. It is the dedicated hardwork and effort of the vibrant student community that has helped the MBA program offered by IITK to scale unprecedented heights and in the relatively short span of its existence attain an independent standing as well as recognition. A testimony to the position of IITK MBA is the latest pagalguy ranking which has ranked us 26th amongst all the B- Schools in the country and 3rd among all the IITs.

Hi

The Annual International Conference of Society of Operations Management sponsored by IBM was successfully concluded recently at IIT Kanpur.
The conference was attended and convened by distinguished professors from IIM Ahemadabad, IIM Bangalore, IIM Lucknow, IIM Indore, IIT Bombay, NITIE, IIT Kanpur, IIT Chennai, IIT Delhi to name a few.

A doctoral conference on the 1st day was followed by the the main conference over the next two days.
The 3 day conference touched various aspects of Methodology in Operations Management,Supply Chain Management, Quality and Productivity, Scheduling, Innovation and IT, Manufacturing Management.

Different papers on topics such as AHP in vendor selection, Lean Six sigma, ERP, Supply chain performance, Demand Forecasting and Inventory Management were presented.Guest lectures were delivered by Mr.Hansmann-Professor,University of Hamburg; Executive Director BHEL;Mr. Sivakumar Pariasamy of IBM and Mr. Sanjay Dhande,Director IIT Kanpur.

The conference saw discussions on ideas and research that would facilitate Indian manufacturing sector to be globally competitive amidst the on going efforts to improve the economic turmoil.

Regards

Hi

The 12th annual International Conference of the Society of Operations Management will be held at IIT Kanpur between the 19th December to 21st December, '08. The theme of the conference is Innovation and Manufacturing Excellence: Path to Global India.
The conference aims to bring together academicians and practitioners to discuss new ideas and research.

The speakers include

1) Mr. Rakesh Sarin
Paine Professor of Management
UCLA Anderson School of Management
University of California, Los Angeles, USA
2)N Ravichandran
Professor, Production & Quantitative Methods
Indian Institute of Management Ahmedabad
3) Priyadarshan Deshmukh
IBM Sales & Distribution
Asia Pacific Sourcing Manager
Hong Kong

We shall post the proceedings of the conference in due time.

Regards

Hi all

The annual cultural fest of IIT Kanpur 'Antaragni 08' was held between 23-26 October. The theme of Antaragni this year was 'Right to insanity'. More than 1800 students from various colleges across the country participated in the various competitions held on the IITK campus.

Several new events were added this year for the competitions. One of the major changes was the addition of films,media and photography competitions. A unique concept that was implemented was the 'Mall Gaddi', a vechicle going around the campus holding small fun games for the crowd. 'Youth Summit' was a brand new addition to 'Antaragni 08' where group of mentors and specially invited participants prepared a charter for the implementation of eco-friendly measures in college campuses across India.

The large IIT-Kanpur campus was abuzz with the participants who had come from various colleges.'Nukkad natak'(Street Plays) segement was a crowd puller where the topics were primarily growing terrorism in India, existing corruption in the country and the Indian talented youths in shackles at the hands of MNC's.

In another event, movie 'Hum Tum' fame director Kunal Kohli expressed his views over few movies as a film critic.The performance delivered by the famous musical trio Shankar, Ehsan and Loy made the entire atmosphere electrifying. Students who wished to see the programme were seen standing in long queues.....The students also had the oppurtunity for gliding being organised at the Air srtip at IIT Kanpur.

The food courts made in the student activity centre was packed. The menu varied from South Indian to North Indian to chinese to whatever under the sun......

Former election commissioner J M Lyngdoh, BJP leader Rajiv Pradap Rudi and Vinay Rai were the panelists in the event called 'India Inspired'. The topic of the discussion was 'Youth and Politics'. The panelist had one thing in common in their talks that the today's youth should not shun politics and should step into it as a full time career for making the country prosper.

The event ended on a high note with the rock band by Irish band 'Glyder'. The students bid adieu hoping to come back again next year for Antaragni 09.

Thanks

Rakesh R
PR and Media cell
MBA Class of 2010
IIT Kanpur.

In continuation with the host of events lined up under Megabucks '09 , we will be having a lecture on "Global Markets Turmoil! What is in store for an IITian?". Besides the topic suggested in the title, this workshop will cover career opportunities available in investment banking, equity research, private equity, derivatives, research, etc.


About the speakers:

Dheeraj Vaidya (IIT Delhi; IIM Lucknow; Managing Partner, Corporate Bridge).
Before founding Corporate Bridge, Vaidya worked with an Investment Analyst with CLSA India covering Indian Oil & Gas sector. Prior to CLSA, Dheeraj worked as an Analyst in the JP Morgan Equity Research Group. He has also worked with Times Group & Adventity in Corporate Finance and Investment Banking.

Balasubramaniam.
Balasubramaniam brings over 12 years of rich and varied across consulting, corporate finance professional, strategy and PE evangelism. Balasubramaniam has worked with Capital Markets and KPMG in consulting and advisory role consulted for large organizations in India and abroad and for growing a research outsourcing business of repute.

Udghosh is the annual sports meet of IIT Kanpur. In the true sense, it is an exhibition of sporting fervour, and success of the meet has been ratified by the success of many of its winners higher up in the sporting hierarchy. It offers a common platform for the students of numerous educational institutions from all over the country to exhibit and hone their skills in the sport arena. Hence, it attracts huge participation in every event under its banner from all over the country.

The festival comprises of a plethora of events from Motivational Talks, Gymnastic Shows and Sport Quizzes to various sports events like Cricket, Football, Hockey, Volleyball, Basketball, Badminton, Tennis, Table Tennis and Cycling Events.

A festival of this magnitude requires a vast and diverse infrastructure, and that is the reason why IIT Kanpur alone can take the onus of organizing Udghosh.

This year too Udghosh was organized on a large scale with participation exceeding 600 students from all over the country. In the span of three days the entire campus was a splash of colour and activity as sportspersons and atheletes battled it out and put in their best efforts to win laurels for their colleges.

Though the rain played spoilsport, nothing could dampen the spirits of the participants who were drawn from the all the different programs and branches in IITK, as well as outside. And IIT with its signature good hospitality played gracious hosts to all of them.

The icing on the cake...
:new_ukliam2: MBA students won medals in TT and weightlifting :new_ukliam2:
Talk about all round development:thumbsup:

Udghosh is the annual sports meet of IIT Kanpur. In the true sense, it is an exhibition of sporting fervour, and success of the meet has been ratified by the success of many of its winners higher up in the sporting hierarchy. It offers a common platform for the students of numerous educational institutions from all over the country to exhibit and hone their skills in the sport arena. Hence, it attracts huge participation in every event under its banner from all over the country.

The festival comprises of a plethora of events from Motivational Talks, Gymnastic Shows and Sport Quizzes to various sports events like Cricket, Football, Hockey, Volleyball, Basketball, Badminton, Tennis, Table Tennis and Cycling Events.

A festival of this magnitude requires a vast and diverse infrastructure, and that is the reason why IIT Kanpur alone can take the onus of organizing Udghosh.

This year too Udghosh was organized on a large scale with participation exceeding 600 students from all over the country. In the span of three days the entire campus was a splash of colour and activity as sportspersons and atheletes battled it out and put in their best efforts to win laurels for their colleges.

Though the rain played spoilsport, nothing could dampen the spirits of the participants who were drawn from the all the different programs and branches in IITK, as well as outside. And IIT with its signature good hospitality played gracious hosts to all of them.

Hi everybody,

We just have had a rocking party organized by 1st year MBA students for our dear faculty and seniors a few days ago, where all of us got an opportunity to freak out, sing and shake a leg or two.

There was all of this most awaited body and heart throbbing music, flawless dance performances, comedy performances which forced our stomachs to ache, crazy skits and dramas on stage and then the rich tasty lip smacking food following which we rocked the floor with full enthusiasm till 3:00 am accompanied by DJ music. You name them - Music synthesizers, pianists, guitarists, drummers, dancers, singers and divas - and we have them all and then we have them in unquestionable superiority in our MBA programme at IITK. Everybody was busy screaming, dancing, shouting, jumping and posing for photographs

We got to know and interact with our professors and the other faculty who we then realized were real cool stuff like us besides the nerdy, geek, big shot sides of their personalities which were depicted in the classrooms and lecture halls.

Probably the host of these words - excitement, exhilaration, ecstasy, joy and bliss would fall short to describe the feeling that all of us had that night.

The last 10 days, we have witnessed the extinction of Lehman Brothers, ML as a separate entity & near collapse of AIG.
Today we see, Investment Banking as a niche getting wiped out with Goldman Sachs & Morgan Stanley converted as Retail Banks. Gone are the days of deregulation & the days of tight Regulation have come so as to protect the financial system in US, perhaps the world.
So, if you look, First Bear Sterns, Freddie, Frannie, LB, ML, GS & MS. JPMC is left.
Yaar, kya ho raha hain?
Saala, what impact will it have on us?
Why the hell did it happened during our placements?
F^&Y;, manaki finance profile dorukuthunda?

These are the hot discussions going on for the last 10 days.
You see the enthusiasts discussing the above at the Canteen, Mess, Carridor. The placecom has its own assesssment. The debates go on and on. You curse your luck for the bad times.

Come and open the mailbox, you again curse yourself for getting a new assignment from the prof. Its just a day before, we are done and whats this again?
During/After the mess time, people make sloguns and decide that "shit! Its really idiotic with all these crap (assignments etc.) Coming friday, lets have the IME party with juniors & go to movie following sat'day"

To tell you the story in a nutshell, the discussions revolve around financial marekts, placements, cases, assignments & projects. As if this is not sufficient, the upcoming mids added their own spice to the existing ones.

Amid all these things, the saving grace is that the climate has turned a little positive from scorching heat to moderate climate.

Hope that we go to our mid-sem recess without any further assignments/project work. But, the proabability of odds-aganist appear to be high.

The extravaganza starting few hrs from now..yahoooooooo.. Don't miss it.

Bit more information on the online trading game....


BULLS AND BEARS: (On line Stock Market Simulation)

Bulls and Bears also Aknown as BnB is an on line trading game where students would be trading in stock of virtual companies.Starting Saturday onwards, every ten minutes of this game is equivalent to one full trading day.


At BnB the real world scenario is simulated ,where every transaction affects prices, as per demand and supply. There will be newsflashes every few minutes and bubbles and crashes will happen in a matter of hours.

The stakes are high and the wait is almost over for this nail biting stock market game to unleash !!!

There is more to come this week as the college becomes abuzz with activity



On 13 Sep at 11pm, Avik Bhandari will also conduct a Trading Game to cater to the tastes of the budding wall street brokers!


Not only this an Informal Session with the MBA batch has been planned on 14th Sep Sunday at 4PM for further queries and discussions.

This week promises to be both informative and exciting for the finance enthusiasts of the MBA batch !

Newspapers are abuzz about the subprime crisis and its
fallout on global economy. But what exactly is the subprime crisis all about is an issue that is going to be clarified by the Business Club & IME Department, IITK as they bring
three insiders of the financial community to speak about the current
turmoil in Financial Markets.
The speakers - Avik Bhandari,Kush Shah and Abhishek are distinguished IITK alumni. They have worked with venerable Wall Street firm in different divisions like Investment Banking, Exotics and Derivatives and have witnessed the current financial crisis first hand.

The topics of the talk are as follows:

a) How the current crisis originated,

b) The basic macro economic concepts linked to the crisis- like impact of low interest rates on inflation, need for bank capital, etc. Discussion on securitization, credit derivatives, the mortgage market in the US

c) Stories about institutions affected in the crisis - eg Bear Sterns

d) What we expect in the future and why


Topic : "The Credit Crisis - A look back into why it happened"

this session promises to deliver an insight into one of the most pressing economic issue in the world today. It is designed to fill in those gaps of understanding that some of might still harbour about what has been worrying economists world over !

iDeas - The International Business Plan Competition was launched today with guest lectures from the three distinguished speakers - Rohit Nalwade, Bhavin Turakhia and Shashank Dixit.
All these speakers are entrepreneurs who have made it big before the age of 30.

The signature energy and zeal of any successful entrepreneur was evident in their interaction with the audience and in the way they outlined the trials and tribulations as well as the joys of starting your very own company.

The one on one interaction with people who actually had the will in them to go out in the field and play hard was an enriching experience for the jam packed hall. Other than renouncing the commonly held belief that entrepreneurship is all about making money, the speakers elucidated the qualities required to be successful in one. The budding entrepreneurs were treated to a generous helping of real life experiences and stories of the speakers.

After the fitting launch to the competition, the event itself is expected to attact a huge participation with the greatest draws being not only the big prize money at stake but also the experience of creating as well as presenting a business plan in the face of such stiff competition.

Hi all

As always is the case this week also has seen a lot of activities for MBA students here at IIT kanpur. Today we had an "Annual Summer Internship Project Presentation Competition" by MBA batch of 2009.
The seniors had an intense competition among themselves for the prize money worth Rs 10,000. The judges of the events were our distinguished faculties who themselves were CEOs of different companies before joining IITK. They examined each and every aspects of the presentations and will come up with the results shortly.
More than competition it was a first hand experience for MBA batch of 2010 of what all are happening during summer internship.We could get to know the different profiles and the scope of the work done by our seniors.
The event has helped the students to know how to successfully carry out their future interships and understand the situation faced during intership period.
Lot of activities has been scheduled for next week and soon we will come up with the reports of the same.

Regards

Rakesh R
PR and Media Cell
MBA class of 2010
IIT Kanpur.

Megabucks '09 which is a joint effort by the MBA and the UG students of IIT Kanpur is proud to present iDeas, The International Business Plan
Competition.

iDeas '09 is being launched on September 7, 2008, with three people who'vebeen there and done that coming down to IITK to share their expertise with the students. Up for grabs are cash prizes in excess of 2 lakhs !

The three entreprenuers who are going to grace the occasion are :

Rohit Nalwade: Mr. Nalwade is the CEO and co-founder of Consumer Vision
Technologies Pvt Ltd, an IIT Bombay incubated technology startup.

Bhavin Turakhia:

Mr. Turakhia is the founder, CEO and chairman of Directi.


Shashank Dixit:

Mr. Dixit is the founder of DeskEra, Inc., and co-founder and CEO of Krawler Networks. An alumnus of IIT Kanpur, Shashank Dixit hasbeen the President & CEO of Krawler Networks since he founded the company
in 2005.

Other than the events and the cash prizes , it is going to be a good opportunity for the students to interact with those who had the fire in their belly for a startup and understand the challenges in going for it first hand.

CEO of Deutsche Bank, India
delivers session on Financial Markets for MBA@IITK
Mr. Gunit Chadha, CEO of Deutsche Bank, India delivers a session on "State of financial markets and what it takes to build successes in it" for MBA students at IIT Kanpur.
The session was aimed at putting forward an unbiased scenario of the current state of financial markets and is expected to clear the air of speculation surrounding it. The session was indeed very enlightening as the speaker touched upon the cnature and condition of the global and Indian financial markets and the various factors that affect success and growth in the finance sector.
The session shed light upon many important issues like:
- Global and Indian financial markets - And what it takes to build success in it
- Issues in the financial sector, especially during a period of crisis
- Career prospects & recruiting issues with investment banks
Gunit Chadha, CEO of Duetse Bank, India
Mr. Gunit Chadha is the CEO of Deutsche Bank in India and Member of Deutsche Banks Asia Pacific Executive Committee with responsibilities across all of Deutsche Banks businesses in India.
Profile -
Chadha has 25 years of extensive Retail, Corporate & Investment Banking experience from USA and India. During 2000-2003, he was the CEO of IDBI Bank, and was awarded, "The Banker of the year 2001" by Business Standard. Prior to joining IDBI bank, he was with Citicorp Securities New York and earlier Head-Investment Banking for Citigroup-India, Nepal, Sri Lanka & Bangladesh.

He has an Economics degree from St. Stephens College Delhi, an MBA from IIMA and an Advanced Management Program from the Wharton School of Management

duplicate post

It was a long break that I have taken since our posting on Summers on PG.
It was altogether a different spectrum that I entered after the first year.
THE SUMMER INTERNSHIP

It was time for me to leave then the campus, buddies, loved ones for some time and work at different location altogether. Chennai was my destination for the summers & IIT-M was my stay.

Nevertheless, the 3 months of summers time passed very quickly. New place, new sites, new friends, office work, parties, chattings and what not.
The project success stories, presentations, report making, pain of saying bye to new friends, enthusiasm to see the campus & friends....summers was a mix of all these. It was an unforgettable experience.

Back to the campus..the juniors were already in the campus & Consilium was just 10 days away. The work load slowly creeped in & forced us to spend 'LESS' sleep nights.

Consilium'08-the consulting conclave was a big success. We will be uploading the coverage of it very soon.
We have an 'Entrepreneurship Conclave' in Oct. We also planned to organise MARKOPS-conclave on Marketing & Supply Chain Management.
The 'Society of Operations Management 2008' international conference invitation has been sent to academia & will be organised btw 19-21, Dec 2008.

I guess a lot of packed action coming our way. Keep watching the space.

Wat more cn i say the menacingly huge campus?! Its an IIT after all and that too the 2nd largest(IIT Kgp rules the roost here)
Classes on the first day have been chill and relaxed. Life seems cool here.Gonna surely enjoy my 2 yrs at IITK. In the mood for Consolium as mentioned above.




also if people would like IIT-K to be written under their avatar, follwo the link
http://www.pagalguy.com/forum/profile.php?do=editusergroups
and then Under Group Membership, select IIt-K as your insti