Guest Lecture 1516

Guest lecture by Dr. Enrico C. Yee, Jr.

Dr. Enrico C. Yee, Jr.,  Chair, Department of Business Administration, College of Governance and Business, University of South-eastern Philippines addressed SDMIMD students on the principles and practices of Corporate Finance. He detailed the current practices adopted by Companies in Philippines. Dr. Enrico suggested that the principles of managing funds by companies can also be adopted by students to manage one's finances. His talk a brief account on the type of industries operating in Philippines, the Government's policies on FDI, the opportunities and challenges of doing business in Philippines.

Talk by Dr. Rao from Botswana University

Dr. K.S. Madhava Rao, Professor of Statistics, Botswana University, Botswana delivered talk on "Probability model for market sentiments” on November 21, 2015. Dr. Rao focused his talk on the probability model for market sentiments of equity prices/indices and addressed statistical issues related to model. Dr. Rao elaborated how the model developed by him could be used to analyse stock market sentiments.  Further, he empirically demonstrated the analysis of BSE benchmark SENSEX and NSE benchmark NIFTY with respect to the model. On the whole, the speaker threw light on the new methodology to measure volatility index. 

Guest lecture by Mr.JOHNSON Olawale David

Mr. JOHNSON Olawale David, Department of Economics, Covenant University, Nigeria, in his talk to SDMIMD students said that Nigeria has proven that though she was seen as corrupt, mismanaged, and seemingly hopeless, she can rise above the negativism to become the largest economy in Africa with over $574 billion in Gross Domestic Product. With over 80% of its fiscal revenue from Crude Oil, the recent fall in oil price means that the largest economy in Africa could be in dire strait. Haven maintained a growth rate of about 6%, many have argued that Nigeria's growth has not carried Nigerians along as inequality of wealth distribution is extreme. With similarities in terms of large population and economic structure, Nigeria and India have grown to be great trading partners. He affirms that India is Nigeria's largest trading partner importing the largest amount of Nigeria's crude oil. He emphasized that, as developing economies with the hope of leapfrogging the stages of development, the two countries must create jobs, strengthen their macroeconomic framework, improve their investment climate, complete structural reforms and so on.

Invited Talk by Dr. Md. Shah Alam of Bangladesh

Dr. Md. Shah Alam, Professor, Rajshashi University, Bangladesh delivered a lecture to the students on November 20, 2015 on the topic of “Incentives for Attracting Foreign Direct Investment in Bangladesh.”. Developed nations will not invest in developing nations like India or Bangladesh unless there was a personal interest or motive.” Since production costs are very low in developing nations like India and Bangladesh, developed nations set up production units and make investments in such countries. To attract more FDI to Bangladesh, fiscal incentives such as corporate tax holiday of 5 to 7 years, and reduced tariff on import of raw materials are extended. This is in addition to several financial incentives by the Bangladeshi Government.  Additional facilities like granting of 100 percent foreign equity in identified sectors, unrestricted exit policy are also being implemented. Despite the Government incentives, FDI inflows to Bangladesh are still inadequate.

Success Story by SDMIMD Alumnus

The students of PGDM batch 2015-17 had an opportunity to hear a ‘Success Story’ from SDMIMD Alumnus of Batch 1999-2001 Mr. Venktesh Charan, Director, Vaswaat Chemicals Limited on Saturday, October 17, 2015.
 
In his talk, Mr. Charan shared valuable insights from an entrepreneurial point of view, most of which related to his personal experience as Director of Vaswaat Chemicals Limited, a premier chemical company which has been associated with the development, production, and supply of chemicals for pharmaceuticals, leather, textiles, oil and gas, and cosmetic companies, among others.
 
Mr. Charan also set aside time during his talk to acknowledge the students’ perspectives and ideas regarding entrepreneurship, and also answered several of the students’ questions.

‘Stand up, start up and scale up’ said Mr. M.N. Vidyashankar

If Indians can do well in Silicon Valley, why not in Indus valley? Thus questioned Mr. M.N. Vidyashankar, President, Indian Electronics and Semiconductor Association (IESA) and Former Principal and Additional Chief Secretary to Commerce & Industries Department, Govt. of Karnataka & to the budding leaders of SDMIMD and kindled the thought of entrepreneurship among the students, during the invited talk organized on August 24, 2015. 
He urged students to become entrepreneurs and not run behind a job after the graduation. Mr. Vidyashankar impressed upon them the fact that there is huge opportunity out there in electronics design and manufacturing space, since the electronics imports bill for the country is almost on the verge of surpassing the import bill of oil which hogs lion's share of imports and foreign exchange of the country. In the light of this he narrated several opportunities for Make in India in the electronics space and how these can benefit everyone in the country. Mr. Vidyashankar encouraged students to convert their passion in to ideas and develop these ideas to enterprises. He urged them to look around for problems in our day to day life and find a viable solution which is scalable by leveraging technology and make it big and create value. His slogan was “Stand up, start up and scale up”, and this is the way to go.