Campus News | 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.

Yet again it is 100 % Placement

With about 3 months to go for the completion of courses, all eligible Post Graduate Diploma in Management (PGDM) students of SDMIMD have been placed in reputed companies with increased compensation. This is for the third consecutive year SDMIMD is achieving this feat.

It’s yet another year of sterling achievement at SDMIMD as it completes 100 percent placement of PGDM 2018-20 well head of the course completion. A total of 38 leading companies visited the campus so far for the final placements. The companies that visited the campus are from diverse sectors- Manufacturing, information technology, banking and financial services, FMCG, Start-ups, Consulting and analytics. The banking and financial services sector hired the highest number of students followed by the information technology companies.

‘High level of academic rigour, opportunity to learn beyond the boundaries of the curriculum through summer internships programs, live projects, applied research, international students exchange programs, and by imbibing leadership skills through participation in management fests conducted by premier institutions of the country has added additional knowledge and skills to the young managers’ thus said the institute director Dr. N.R. Parasuraman.

Dr. R. Sugant, Professor Marketing and Chairperson Career Services said ‘the stellar performance of our students resulted in SDMIMD not only achieving 100 percent placements of eligible students but also saw the average salary go up to Rs 7.7 lakhs. We are sure that our students will prove to be valued contributors in these organisations’.

Naissance - The Annual Management Fest

SDMIMD, Mysuru inaugurated its flagship B-School Management Fest ‘Naissance 2020 – Battle of the Zodiac Signs’, with Mr. Ryshyanth, Superintendent 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.

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. Read More>

Union Budget Conclave 2020

SDMIMD organized the Union Budget Conclave (post budget analysis) jointly with CII, Mysuru on 3rd February,2020. Deloitte was the knowledge partner for the occasion.

The event commenced with a welcome address and brief note on the program and the budget by the program convenor Dr. M Sriram, Assistant Professor, Finance – SDMIMD, Mysuru. Dr. Sriram opined that the budget has factored in the findings of the economic survey and it provided long term stimulus rather than the short term, the desired results of the new Budget would be evident only with time.

Dr. N R Parasuraman, Director – SDMIMD, Mysuru in his address on ‘The Indian Economy’ and Budget 2020-21 shared his thoughts on the current slowdown of the Indian economy and observed that the budget is forward looking and future oriented.

The conclave had invited talks by experts on Union Budget 2020-21 from CII, Mysuru comprising of Mr. Baskar Kalale, Chairman, CII, Mysuru, Mr.Amith Kumar, Vice Chairman, CII, Mysuru, Mr. S.Ranganathan, Convener, Finance and Taxation Panel, CII Mysuru.

This was followed by a brief presentation on the salient features of the budget by the Post Graduate Diploma Management (PGDM) Students of SDMIMD, Mr.Souvik Dey, Ms.Priya Pandey, Mr.Ashish Prasad, Mr.Sebu Padayvatty, Ms.Syeda Zaiba.

Officials from Deloitte presented their views on the impact of budget announcements on taxation and indirect taxation. Mr.Baskar, Partner, Deloitte, Mr.Suresh Kumar, Partner, Deloitte, Mr. Ganesh Krishnamurthy, Director, Deloitte were the officials. The budget culminated with a discussion in the form of Q&A session.

The Budget Conclave 2020 was instrumental in extending an insightful, interesting and enriched learning for the invited guests which included, leading industrialists and professionals, academicians from premier institutions and the student fraternity was coordinated by Dr. M.Sriram, Assistant Professor-Finance, SDMIMD, Mysuru

Heilbronn University Scholarship to SDMite

Mr Amit Kumar Sharma of PGDM 2019-21 batch has been selected for the International Student Exchange Scholarship from Heilbronn University, Germany. The selection is based on his Academic Performance and interview conducted by the academic committee for the International Student Exchange Program. Amit will be studying for a whole term in Heilbronn. He is the first Indian student that Heilbronn University is taking in a scholarship scheme, from SDMIMD, after the signing of the MoU 2 years ago.

Student Exchange Program 2020

As part of the students exchange program 29 select students will be visiting eight different international foreign universities for a whole term of study. During the program SDMIMD students will be studying with many international students and get taught by several faculty from different nationalities. The experience of having different pedagogy is invaluable for their growth. Besides the facility to do cases and projects with students of other nationalities and background affords cross-cultural understanding. Further, the evaluation technique used in these schools enables students to be on their toes and prove their mettle.

The foreign universities to which the selected students will go are as follows:

University of Texas A&M, USA – 4 Students
University of Bordeaux, France – 4 Students
University of Montpellier, France - 4 Students
La Rochelle Business School, France - 4 Students
University of Pau, France - 4 Students
EAE Business School, Spain - 4 Students
University of Heilbronn, Germany – 3 Students
National Sun Yat-Sen University (NSYSU), Taiwan – 2 Students

Pratigam 2020 – the Annual Alumni Meet

Prerana – the alumni association of SDMIMD organized ‘Pratigam 2020’ the annual alumni meet at SDMIMD on Saturday, January 18, 2020. The 'Centre of Inspiration' of Pratigam 2020 is the 25 Years of Inspirational Journey of SDMIMD. Pratigam 2020 gave a perfect platform to SDMites to share, connect and collaborate with classmates, seniors, juniors, faculty, and extended SDMIMD family.

Commencing with box cricket, carrom, table tennis and volleyball matches, proceeded to lunch; followed by panel discussion on ‘Digital transformation and its profound impact on the business’ and Start-up Talks: Entrepreneurship Session.

The evening program was titled ‘Celebrating 25 Years of Inspiration’ presenting Prerana Dossier and recalling the memories. With the title ‘Honouring our Inspirations’ Prerana honoured faculty and staff members who are with SDMIMD’s Management Educational Service for more than 20 Years. The event concluded with entertainment program by Kalaanubhav, followed by dinner.