- Schulich School of Business, Canada launches ‘Schulich-MBA’ in association with S P Jain Institute of Management & Research, Mumbai
- Dr Shyam Sunder, Yale School of Management, inaugurates Electronic Trading Terminal at Great Lakes Institute of Management
- Great Lakes Institute of Management announces ‘Global MBA program’ at the third Great Lakes-NASMEI Marketing Conference
- PGPEX Students at IIM C organize first ever networking event: Lattice-2009
Schulich School of Business, Canada in association with S P Jain Institute of Management & Research (SPJIMR), Mumbai launched the Schulich MBA in India at an official inauguration event on January 4, 2010 in Mumbai.
The Schulich MBA in India would be the first MBA program by a leading international business school from outside India to be delivered in the country. The new MBA program has been established through a unique twinning arrangement between the Schulich School of Business at York University in Toronto, Canada and the S P Jain Institute of Management & Research (SPJIMR) in Mumbai.
The program has received government approval from the All India Council for Technical Education (AICTE), the national regulatory body governing school accreditation and the delivery of degree programs in India.
About the course:
Students enrolling for the program will complete the first year of the MBA program at SPJIMR in Mumbai and will then complete the second year of the program at the Schulich School of Business, Toronto. Schulich faculty will deliver the majority of the courses in Year one and their teaching will be complemented by resident faculty from SPJIMR, who will work together in implementing the curriculum. Schulich faculty will deliver all courses in Toronto in Year two.
“Working together with S P Jain Institute of Management & Research, our goal is to establish the Schulich MBA in India as one of the country’s leading and most sought-after MBA programs”, said Dr Dezso J Horvath, Dean, Schulich School of Business.
Dean Shrikant of S P Jain Institute of Management & Research said, “We are happy to collaborate with the Schulich School of Business and share our unique experience in character building and learner centric pedagogic innovations.”
“We will be training global managers for the global business environment so they can take their management skills to any country in the world”, said Dr Ashwin Joshi, Executive Director of the Schulich MBA in India.
Great Lakes Institute of Management, Chennai announced the commencement of Stock Trading terminal at its ECR Campus on December 26, 2009. The Trading Centre was inaugurated by Dr Shyam Sunder, James L. Frank Professor of Accounting, Economics & Finance, Yale School of Management. The occasion was also graced by the presence of Dr Bala Balachandran, Dean, Great Lakes Institute of Management, and Professor Vaidy Jayaraman of University of Miami, School of Business, Florida, USA. In an inspiring talk, Dr Sunder stressed on the difference between substance and appearance and said that the terminal will give an opportunity to the students to put their knowledge to practical application. Dr Balachandran, who is lovingly referred to as Uncle Bala by students and alumni alike, emphasized that the Trading Terminal would be a boon to the students who major in finance and act as a stepping stone to their successful careers. The trading terminal with live feeds from the Stock Markets will allow students to get hands-on experience of trading. Financial reports and technical charts from different companies tracking stock movements will give the students a golden opportunity to learn the intricacies of capital markets. It will provide a 360 degree view of the capital markets ranging from forex markets, bond markets, equity markets to the latest market news. This will keep the students in sync with the latest happenings. Apart from significant experience in wealth management and investment, the terminal will also allow students to make capital gains.
The Kotler-Srinivasan Center for Research in Marketing at Great Lakes Institute of Management, Chennai conducted the third ‘Great Lakes NASMEI (North American Society for Marketing Education of India) Conference’ at its new campus on December 18-19, 2009.
The Great Lakes-NASMEI Conference is one of the most prestigious International conferences in the Marketing arena in India. It is attended by renowned researchers from leading universities from all over the World. This year, NASMEI has received an overwhelming response with over 70 researchers presenting their work to an expert audience.
The conference was Co-Chaired by S Bharadhwaj, Associate Professor, Great Lakes Institute of Management, V. “Seenu” Srinivasan, Adams Distinguished Professor of Management, Graduate School of Business, Stanford University and M J Xavier K B Chandrasekar Professor of Marketing and Director of Kotler-Srinivasan Center for Research in Marketing, Great Lakes Institute of Management.
Professor Balachandaran, Founder & Dean, Great Lakes Institute of Management during his welcome address said, “Great Lakes Institute of Management is providing its students the ‘Global MBA program’ in alliance with some of the world renowned universities as HECL, France, Melbourne School of Management and Rutgers University, New Jersey. He added, “Great Lakes now has a ‘not for profit status’ from Sec 25C, of 50 percent deduction and Sec 35 of 125 percent of weighted deduction for contribution towards research.”
Professor Venky Shankar, Professor Marketing, Coleman Chair in Marketing at Mays Business School at Texas University and Chief Guest at the NASMEI said, “Some of the emerging research topics globally are co-creation, CRM, Multi-functional aspects of marketing, Multi-channel marketing/mobile marketing, brand equity/architecture management, marketing alliances (new product development and distribution), marketing in shrinking economics, brand market segmentation, socially responsible marketing, and life sciences marketing.”
Professor Pradeep K Chintagunta, Roobert Law Professor of Marketing at Chicago Booth School of Business Marketing and President of NASMEI addressed the students of Great Lakes and spoke about a new model of marketing as ‘dynamic segmentation’ as opposed to the old model of static segmentation.
The researchers presented their papers in all areas of Marketing: advertising, consumer behaviour, pricing, customer relationship management (CRM), retailing, B2B marketing, research methods, services marketing and others. A special feature of this year’s conference was special sessions for PhD students to present their work.
The students of third batch of IIM Calcutta’s PGPEX held first ever networking event, Lattice 2009 on December 18, 2009 in presence of Professor Shekhar Chaudhuri, Director IIM C, Ajit Balakrishnan, Chairman of IIMC Board of Governors and Professor Biju Paul Abraham,Chairman, PGPEX at IIM Calcutta campus.
Lattice 2009 is a diversion from the milieu of business plan competitions, cultural and other events and aims to address the need for reaching out to alumni and strengthening the IIMC fraternity. Networking, as we all understand, is the cornerstone of all social relationships. Our belief is that, a strong synergy between the alumni and the current students would facilitate an ecosystem in which all the stakeholders can derive mutual benefits.
For nearly half a century India’s premier business schools and especially IIM Calcutta have been producing business leaders who have played a stellar role in the transformation of the Indian business landscape. In Lattice 2009, our aim was to provide a forum where we can address the current state of Indian business, debate on the future blueprint the country should embark upon and discuss the imperative role of B-schools in grooming the next-generation leaders.
The theme for the event was ‘Vision India 2020’ where eminent business leaders, IIMC faculty and students discussed about the leadership needs of Indian industry and the role B-schools play in grooming the future business leaders.
Ajit Balakrishnan, CEO-Rediff, spoke on the current state of Indian business, the leadership needs for the future and the role B-schools can play in grooming the future business leaders. His speech is given as under:
We are not even noticing that major changes are happening in the world around us. Collective intelligence and machine learningare permeating several spheres of our lives. This situation is somewhat similar to the industrial revolution.
India is building competency in symbolic analytic services which focuses on problem identification and solving them. Examples are design engineering, investment analysis, journalism and management consultancy.
Knowledge is only part explicit and codified. There is also a lot of tacit knowledge around us that is intuitive and can be often the source of competitive advantages. Codification of tacit knowledge happens in academia.
We should not fall into the traps of superstitious learning (drawing incorrect connections), ambiguity of success (financial success equated with management processes) or competency traps (spend time improving frequently used processes).
By 2020 India will be ahead of major western powers. Students from the western world will come to IIMs for education.
This followed by a panel discussion on ‘Managers not MBAs’ which was inspired by Henry Mintzberg’s path breaking book with the same name. The panel consisted of business leaders and academicians. Dr Padeep Kakkar and Prof M B Sarkar were the panel members and the moderator was Prof Anup Sinha.
PGPEX students with their rich and diverse experience assume senior leadership roles on graduation. This event provided informal platform for the industry leaders and alumni to interact with PGPEX students and with faculty to discuss contemporary business and industry issues and explore symbiotic opportunities for the future.