SDMIMD Gets Business School Impact System Certification
SDM Institute for Management Development , Mysuru, is the first institute in Southern India and second in the country to secure Business School Impact System (BSIS) Certification from European Federation for Management Development (EFMD)
The expert team from BSIS headed by Dr. Michael Kalika examined the impact made by the Institute on the education, business development, intellectual, regional eco-system, societal, visibility and financial. The expert team has appreciated the Institute’s notable impact on the region and at the national level. The representation of students from 20 plus States, 100% placement record, quality research publications by the faculty, institute networking with local and national bodies, association with industry, association, press, government institutions and civic bodies has made SDM-IMD to earn good points. The involvement of the Institute in organising events to introduce the cultural, social and professional image of Mysuru has earned appreciation from the committee.
The BSIS Impact quality stamp to SDM-IMD has added another feature to the cap with 2 International Accreditations – Accreditation Council of Business School Programs (ACBSP) from USA and EFMD’s Program Accreditation System (EPAS) for Europe. The BSIS impact has made SDM-IMD to identify, measure and assess the impact on the society at large.
SDMIMD Convergence 3i
The Convergence 3i – Industry-Institute-Interaction, the joint annual event by Confederation of Indian Industry- Mysore Chapter and SDM Institute for Management Development is a platform for the Final Year Graduating Students from Engineering & other discipline and Fresh Graduates to understand the industry requirement and emerging fields in the corporate world. An Expert Discussion on the ‘Need for Creating Platforms for students, institutes and industry to interact’ is opening session of Convergence 3i. Dr. Dattakumar, Head Operations at EnhanzED, Mysore; Mr. Adarsh MS, VP- Growth Strategies North Americas at Excel Soft Technologies, Mysore; and, Lt Col Prasad S N, Ph.D ,Professor- Strategy at SDMIMD. Panel discussion on the 'Enhancing Capabilities through MOOCs and Online Courses will be held by Industry-Academic-Student members. The expert panelists will be Dr. H.S. Kumara from the University of Mysore, Ms. Deepashri Narendra of Vinyas Technologies, Prof. Gandhi L from SDMIMD.
SDMIMD Startup Charcha 2020
SDMIMD conducted the event Startup Charcha on February 12, 2020. This event is a culmination of various entrepreneurship activities undertaken by Swayam - E cell of SDMIMD students. It is also an event that is in line with the current surge in interest on startups and the conducive policy environment for the same. SDMIMD had initiated entrepreneurship activities to give conceptual insights to PGDM students on Entrepreneurship. Swayam – E cell of SDMIMD students has undertaken many activities in the last five years. An elective on Entrepreneurship has also been part of the PGDM program at SDMIMD.
The Startup Charcha event held, for the sixth year in succession had Mr. Vishwa Alva, Founder and Managing Director, Skanray Technologies delivering the Keynote address. In his Keynote address Mr. Alva highlighted the path taken to build a successful company and emphasized the need for innovation. He commented about the various opportunities today for young professionals. He described his journey as an entrepreneur and various challenges faced in the initial stages. He highlighted the importance of having a good team and a source of finance for youngsters who wish to pursue an entrepreneurial dream. Mr. Alva also emphasized the importance of dealing with regulatory frameworks and establishing a strong foundation of good governance right from inception of a startup. In his address he underlined the importance of startups being socially responsible and developing such practices in the organisation. Mr Alva emphasized that MBA graduates who planned to become entrepreneurs ought to have a good understanding of financial management practices and accounting concepts. Startups have a lot in common in their path to success but the challenges varied in each case and the solutions might be unique, he added.
A Panel Discussion on Entrepreneurship: Issues, Challenges and Way Ahead, was also part of the event and was moderated by Dr M R Suresh, Professor and Chairperson E-Cell at SDMIMD. The Distinguished Panellists were Mr. Vijaysimha, SDMIMD Alumnus and Founder and CEO, Suvashna Training and Development Pvt. Ltd, Mr. Vijay Krishnamurthy, Sports Management Consultant and Dr. B. Venkatraja, Faculty Member, SDMIMD.
In the panel discussion many aspects of entrepreneurship and overcoming initial difficulties of startups were discussed. The government policy reforms for the same and its implications were also discussed by the panel members. The other areas of discussion were Grassroot entrepreneurship for wealth creation, rural entrepreneurship and sports as a booming sector for new venture creation. The objective of setting up a venture should not be just for valuation, it should also make a difference and there is a need to explore entrepreneurship models that provide value to stakeholders, the panellists said. It is very important to be pragmatic while being adventurous was a piece of advice of the panel to the young audience.
Startup Charcha 2020 also had an Insight talk by Dr. M. Sriram, Faculty member, SDMIMD. He opined that a sound working knowledge of preparing financial statements was required for an entrepreneur and emphasized the need to differentiate between capital and revenue expenditure. He briefed the audience about the projections of financial statements both in terms of impact and sustainability of revenue and cautioned entrepreneurs to emphasize on cash flows as opposed to profits. He further highlighted the importance of weighing the pros and cons of various financing approaches for new ventures such as included bootstrapping, venture capitals, and private equities.
Naissance - The Annual Management
SDMIMD, Mysuru inaugurated its flagship B-School Management Fest ‘Naissance 2020 – Battle of the Zodiac Signs’, with Mr. Ryshyanth, Superintend of Police (SP) Mysore District and Mr. H. S. Nagesh, Vijaya Bank, Mysore as distinguished Chief Guests.
Mr. Ryshyanth, SP Mysore District, began his speech by stating that competition such as Naissance would bring the best talent out of students. He opined that the gap between education and company’s expectations are being bridged by educational institutes such as SDMIMD. He encouraged the students to think differently, be competitive and work hard. He also urged the students to keep in mind what is relevant currently. He concluded his speech by urging the students to understand the advantages that India has and how this can be projected to create a brand image for India.
Mr. H. S Nagesh from Vijaya bank congratulated the students of the institute and conveyed his best wishes to more than 150 participating young student managers representing B Schools from Karnataka and neighbouring states.
Earlier, Dr. H. Gayathri, Deputy Director of SDMIMD, welcomed the gathering and shared her views and thoughts about Naissance 2020 and its theme. Student coordinator Ms. Sristi Roy Chowdhury gave a brief about the theme of ‘Naissance 2020 – Battle of the Zodiac Signs’, which revolved around the management lessons and principles to be derived from Signs of Zodiac which battle to prove their mettle.
The two-day national level B-School fest witnessed the intellectual battle and supremacy between the brightest minds of premier B-schools of India. The students from Christ University, Bangalore emerged as Winners of Naissance 2020 by their outstanding performance in various events- Aquarius (Toastmaster Event), Libra (Entrepreneurship Skills Event), Gemini (HR Event), Capricorn: (Systems/IT Event), Scorpion (Marketing Marketing) organized as a part of the Management Fest.
Hello Team When will the results be out? GMAT 58 percentile Good interview lasted for about 25 mins. What are the chances ? Work ex of two years at Amazon!
StartupCharcha-2020 Held for building Entrepreneurs
SDMIMD conducted StartupCharcha-2020 event, a culmination of various entrepreneurship activities undertaken by Swayam – E Cell of SDMIMD. Vishwaprasad Alva, Founder and Managing Director, Skanray Technologies, delivering the keynote address at the event, highlighted the path taken to build a successful company and emphasised the need for innovation. Sharing his journey as an entrepreneur and various challenges faced in the initial stages, he stressed the importance of having a good team and a source of finance for youngsters who wish to pursue an entrepreneurial dream. Underlining the need of Startups being socially responsible and developing such practices in the organisation, he said that MBA graduates who planned to become entrepreneurs ought to have a good understanding of financial management practices and accounting concepts. Startups have a lot in common in their path to success but the challenges varied in each case and the solutions might be unique, he added. A Panel Discussion on Entrepreneurship: Issues, Challenges and Way Ahead, was also part of the event and was moderated by Dr. M. R. Suresh, Professor and Chairperson E-Cell at SDM-IMD. The Distinguished Panellists were Vijaysimha, SDM-IMD Alumnus and Founder and CEO, Suvashna Training and Development Pvt. Ltd; Vijay Krishnamurthy, Sports Management Consultant and Dr. B. Venkatraja, Faculty Member, SDM-IMD. In the panel discussion many aspects of entrepreneurship and overcoming initial difficulties of Startups were discussed. The Government policy reforms for the same and its implications were also discussed by the panellists apart from Grassroot entrepreneurship for wealth creation, rural entrepreneurship and sports as a booming sector for new venture creation.
One-Day Workshop for Women Professionals
Women don multiple hats today as an entrepreneur, an executive, a leader, a manager, a homemaker and so on. Creating an ecosystem that helps women balance the multiple roles they play in life is essential to the empowerment of women. Every year, March 8th is celebrated as International Women’s Day to honor women and assess how far they have come and what more can be done to empower her.
This year, the theme for the International Women’s Day 2020 is ‘Each for Equal’ – which is aimed at creating an equal world for an enabled world. Equality is not a women’s issue, but a business issue and each of us needs to strive to achieve a gender equal world. A recent McKinsey report reveals that in the last five years, more women have risen to the top levels in their companies. A large number of companies are consciously encouraging gender diversity and the companies where men actively champion gender diversity are much more likely to progress than the rest.
On the occasion of Women’s day this year, which is also our Silver Jubilee year, we at SDMIMD, have put together a one-day training program “Empow(h)er” on Friday, March 6, 2020, for women, by women. This program is aimed at women professionals and will comprise of sessions to empower women. The program has been conceived and executed by the women faculty at SDMIMD under the guidance of the Deputy Director, Dr. H. Gayathri.
SDMIMD Library is known as the Information Resource Centre and supports teaching, learning and research by providing 'Anytime, Anywhere Access' to information and knowledge.
SDMIMD Library is a repository of printed as well as electronic resources which include books, journals, databases, AVs, CDs/DVDs, e-books, ejournals, reports, course materials, case studies, conference proceedings and training manuals. Currently the library holds over 14000 books, 70 print journals, provides access to 39000 (EBSCO + J-Gate) e-journals, electronic corporate databases like Capitaline, newspapers and business magazines, abstracts & case study databases, and additional 120 multimedia resources. Being a site licence holder, SDMIMD Library has single click access to all Harvard Business School published materials. SDMIMD also holds institutional membership with other prominent libraries.