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of 29/Director’s Report

Goa Institute of Management DIRECTOR‟S REPORT

Mr. Chauker, our eminent Convocation speaker,Chairman and Members of the

Governing Board, Distinguished Guests, Members of GIMFaculty, and Visiting

Faculty, Members of our staff, Alumni of our Institute, Graduating students

and their parents and our first year students. It gives me great pleasure to

welcome you to this Annual Convocation ceremony of students graduating from

the Goa Institute of Management.

We are honoredindeed by our Convocation speaker for the day Mr. Kishore A

Chaukerformer Managing Director, of Tata industries Ltd. TIL is one of the two

principal holding companies of the Tata Group, India‟s largest and the best-

known conglomerate. TIL acts as the new projects-promotion arm of the Group,

and spearheads the entry of the Group in the emerging high-tech and sunrise

sectors of the economy.

While at TIL, Mr. Chaukar was also a member of the Group Corporate Centre,

which is engaged in strategy formation at the House of Tata. Mr. Chaukar

chaired for several years the Tata Council for Community Initiatives (TCCI) – the

nodal forum of the Group on matters related to Corporate Sustainability, and

was a member of the Board and Advisory Board of some national and

international organizations in the Corporate Sustainability and Human Rights

space.

Mr. Chaukar is a Member of the Boards of several Tata Companies and the

Chairman of Tata Teleservices (Maharashtra) Ltd., Tata Business Support

Services. Mr. Chaukar is a Trustee of Bharatiya Agro Industries Foundation

(BAIF) Development Research Foundation.

Dr. Sunil Rai

Director Mr. Gopalakrishnan

Chairman


Prior to joining Tatas, Mr. Chaukar was the Managing Director of ICICI Securities

& Finance Company Limited from July 1993 to October 1998, and a member of

the Board of Directors of ICICI Limited from February 9, 1995 to October 15,

1998. During 1975 to 1985, he served as an Executive Secretary of Bharatiya

Agro Industries Foundation, an NGO engaged in extending relevant technology

into rural India for generating economically remunerative employment.

He holds a BA degree in Economics from Karnataka University and a Post-

Graduate Diploma in Management from the Indian Institute of Management,

Ahmedabad. He also holds a DEA in Rural Economics from the University of

Dijon, France.

Mr. Chaukaris known to be a strategy builder for large corporate initiatives and a

champion of corporate sustainability and human rights. He is a motivational

speaker par excellence and I am quite confident that our graduating students

and our faculty would surely benefit from the very sound advice he will give us.

His words of wisdom are bound to stand the graduating students in good stead

as they launch themselves into their corporate careers.

Let me now present to you the director‟s Report for the year. Since the report

gets longer as the activities of the institute grow I shall read only the highlights

and you can read the details in the full report which is available.

1. THE GIM CAMPUS AT PORIEM IN SATTARI TALUKA.

The GIM campus at Sanquelim has now bloomed into its full splendor with

state of the art facilities for students and faculty amongst rich flora and

fauna in the scenic background of Sahyadri hills. The infrastructure is

second to none in our country and we shall all look forward to its

successful utilization to heighten our capabilities.

We have now entered the first phase of our expansion and the speed and

finesse with which our project team under the able guidance of our Project

Director Mr. P.F.X. D‟ lima, is making progress, we are certain that


additional facilities like Swimming pool, Tennis courts, Basketball court,

Visiting faculty hostel and International Students Hostels will be

commissioned before the commencement of next academic year

We acknowledge the support of our members of the Board who have lent

their support by way of donations, their valuable time and their guidance

that enabled us complete the project in time and also undertake the

extension phase. We thank Shri PratapsinghjiRane fir his continued

support and guidance. The relentless efforts of our project Director Mr.

PFX D‟ lima, Mr. Raman Madhok, Mr. Dean Menezes and Mr.

ShrinivasDempo have been the driving spirit in successful handling of all

infrastructure and other regulatory issues.

We greatly appreciate the support we received from the Government of Goa

and the Education Department who have always been supportive of GIM

and our activities.We thank our architect M/s Somaya and Kalappa and

the contractor M/s Candeparker and Associates for the progress of the

work. We acknowledge the support of the local Panchayat and the Town

and Country Planning Department, Government of Goa for providing

approvals and supports.

We also thank our Bankers, Bank of India with a special mention of the

support rendered to us by Mr. A.K. Arora, Zonal Manager and Mr. V.K.

Chetiwal, Manager for providing their guidance and support to obtain the

necessary approvals for loan to fund the extension project.

2. FACULTY

Our faculty are the back bone of our institute and we look up to them to

set a good example in discipline, diligence and innovative initiatives. The

faculty, besides commitment to teaching is actively engaged in mentoring

students and guiding them for superior performance in extracurricular

activities, social projects and developmental activities. Some of our faculty


are working closely with Government and Industry in Goa on various

consultancy and applied research projects. A detailed list of our faculty is

given on the next page.

GIM FACULTY (As on March 30, 2013) Director: Dr Sunil Rai

Dean Academics: Dr N Sambandham

A. General Management Designation 1. DebabrataSen* Senior Professor 2. Susan Hague* Professor (Full Bright Scholar) 3. RaghuveerVernekar Associate Professor 4. Cedric Serpes Associate Professor 5. DivyaSinghal* Assistant Professor 6. Hemant Padhiari* Assistant Professor

B. Finance & Economics

7. Arindam Dasgupta* Senior Professor 8. Manish Parmar Assistant Professor 9. Abhishek Ranga* Assistant Professor 10. Amiya Kumar Sahu** Assistant Professor 11. Vinay Goyal* Assistant Professor 12. KaushikDesarkar Assistant Professor 13. Joy Chowduary** Senior Lecturer 14. Fernanda Andrade** Research Associate 15. Manas Mayur** Senior Lecturer

C. Marketing

16. AjitParulekar ** Associate Professor / Associate Dean (HCM) 17. TarunPasricha Associate Professor 18. Jagrook Dawra* Associate Professor 19. Ranbir Singh Sodhi Assistant Professor 20. Nirmalaya Bandyopadhyay** Assistant Professor 21. Kanupriya Katyal** Assistant Professor 22. Pravat Surya Kar* Assistant Professor 23. Ayesha Gonsalves Assistant Professor 24. SubrataMajumdar Assistant Professor(Adjunct Faculty)

D. POM

25. P.F.X D’Lima Professor/Director Projects 26. N Sambandam* Senior Professor / Dean Academics 27. Prabir Kumar Bandyopadhyay* Professor 28. Raj V. Amonkar Associate Professor 29. Jaideep S. Gupte Senior Lecturer

E. Systems /IT

30. Sunil Rai* Senior Professor/ Director 31. Rakesh Shrivastava Professor


32. Vithal Sukhathankar** Associate Professor

E. OB & HRM

33. C.M. Ramesh* Professor 34. RanjiniSwamy* Professor 35. Christo Fernandes* Assistant Professor 36. V Padhmanabhan** Senior Lecturer 37. A.G. Balasubramanian* Professor – (Adjunct Faculty) 38. GayatriKonkar Adjunct Faculty (Counseling)

G. Health Care Management

39. Harish Shihare Associate Professor 40. AdeshChaturvedi Associate Professor 41. MeenaParulekar Assistant Professor

*Ph.D, **Pursuing Ph.D.

3. UPDATES ON CURRICULUM

The Curriculum at GIM is kept current and relevant to the needs of

industry through a series of interventions and review. The curriculum is

reviewed by the Area Committees based on the inputs from the Faculty,

Students, Alumni, Industry experts and renowned Academicians. The

Updates/Modifications to the curriculum are then discussed in the faculty

council meeting before recommendations are made to the academic

council. The curriculum after due modifications and updates as approved

by the Academic council is put up to the Governing Board for approval and

promulgating in the ensuing academic year.Some of the Academic

interventions that have enrich the academic delivery at GIM are given

below:

3.1 GIVE GOA – A CSR PROJECT

The GiveGoa initiative makes students more socially responsible as they get

an opportunity to engage with the under-served sections of society and take

responsibility for improving their lives in small but significant ways. This

year we obtained about 60 projects as against about 50 projects in 2011-12.


We also teamed up with new organizations such as NABARD, the National

Association for the Blind (NAB), the Voluntary Health Association, Goa

(VHAG) and the Directorate of Health Services (DHS), to offer an exciting

range of projects.

The initiative has received a positive response from many client

organizations that collaborated with us this year. Many have expressed an

interest in continuing the projects and building on past ones. Other

organizations such as CIPLA, South Asian Foundation and the Centre for

Innovation & Business Acceleration (CIBA)have expressed interest in offering

projects next year.

This year, students of first year organized a flash-mob- cum- street play at

Caculo Mall, Panjim on 14 Feb 2013 as part of the International initiative

called “Onebillion Rising,” to highlight the need for women’s empowerment.

About 30 students participated in the El-Shaddei- initiated marathon, as

volunteers and participants. The students are also organizing for the

distribution of clothes and books (collected from the second-years) to the

needy through El-Shaddei.

We are very grateful to the Board and the Faculty for their support and look

forward to their continued support in the future. We are in the process of

systematically gathering information about the perceptions of students,

faculty, clients and beneficiaries about this year’s experiences. We will keep

our stakeholders informed about the findings of the study.

3.2 Reduced contact hours in class

We are in the process of reducing the number of contact hours in class so

as to allow our students more time for the preparation for the class based

on the course outline and analyses of the case studies.This also

encourages independent individual study by students so that in the class

the faculty can stimulate and facilitate good discussion and exchange of

views in a learning experience, in line with our Education philosophy. This


also provides time for undertaking extracurricular initiatives that help

students develop wholesome corporate personality. This is in line with the

recommendations of an AICTE committee which is chaired by our Dean

Prof. N. Sambandam.

3.3 ACCENT ON INNOVATION

Our „curriculum‟ encourages process of discovery and invention of new

ways of living to widen the scope of management education to enhance its

relevance. Some of the innovations recently added to our teaching learning

scheme are given below:

„Leadership SQ: The Vedic Way’: is an elective course developed by Prof.

TarunPasricha. This course is based on the premise that ancient Indian

wisdom as embodied in the Vedas can contribute directly to the nurturing

of many of the above traits, resulting in leadership with a high SQ. Besides

contributing to leadership SQ, the course would encourage students to

manage stress and enhance equanimity.

Social Leadership - Film based teaching: Professor RanjiniSwamy

offered a course on Leadership in which she uses films extensively, e.g.

she showed „Bawander- A sand Storm‟ a very powerful film on the life of

Bhawari Devi of Rajasthan in her session on social leadership. The use of

films as a different media to engage the learner with various social,

political, ethical issues in a different manner creates a strong „sticking‟

power.

‘Strategy and Innovation for Base of Pyramid Markets’: An elective

course developed by Prof. Hemant Padhiari to explore the alignment

between business oriented incentives for growth, innovation, profits and

the development community effort to create a more inclusive capitalism.

Students are able to appreciate the larger role for market based ventures

in serving the needs of the poor and gain practical tools and frameworks


for developing and evaluating business approaches that can productively

address unmet social needs for those at the base of the economic pyramid

‘Lyrics and Management’: an elective course developed by Dr.

DivyaSinghalgives future managers a deeper understanding of cultural

mores and traditions through Lyrics. It is necessary for being able to

successfully market to consumers in an ever changing context and to

manage people. The course provides insights, lessons and reflection into

life, both in relationships with others and also with ourselves as

individuals which is very important from managerial aspect and to

enhance one‟s inter-personal intelligence.

„Thinking Skills for Managers’: A course introduced by Professor

RaghuveerVernakar, aims at developing a focused attitude towards

change and towards new ideas. In this course he deals with approaches

to thinking with practical exercises in the class.

3.4 CREATIVITY

We are in the process of developing a Creative Lab, an initiative spear

headed by Prof Cedric Serpes.The concept for the Creative Labs in GIM is

loosely based on MIT‟s Media Labs. This is another effort to create a

point of differentiation between our GIM brand and other Indian B

schools. The Creative Labs at GIM will be an outlet where ideas can be

encouraged and executed and where the constant fusing of multiple

disciplines will make students into innovative thinkers. The labs will

encourage creativity in all forms. From the art of story-telling and voice

acting to clay, paper and dust sculpting to stand-up comedy.

3.5 PROJECT ON REVIVAL OF SICK UNITS

GIM continues to work with the Government to revive some sick units in

Goa. This is being taken up under the guidance of Prof. Debabrata Sen

and with the support of his students. This exercise is being done as part

of our course on entrepreneurship. An Incubation cell is being developed


at Ribandar Campus, to be made available to GIM and other graduates/

entrepreneurs in Goa.

3.6 THIRD LANGUAGE CLASSE

As globalization, mobility and communications are bringing the world

closerthe need for management students to learn another language

opens up new opportunities and gives a perspective that students might

never have encountered otherwise. GIM offersthe third language courses

in German, Portuguese, French and Spanish Language. In year 2012-

2013 GIM successfully ran Basic courses in German, Spanish and

Portuguese and first time organized an advance level course in German.

Eleven students were refunded their fees for language courses as they

had secured more than 80 % and had also attended all the sessions of

respective courses as this was promised by director at the time of their

joining the institute. Six students who have cleared their Basic Course in

German Language showed their interest in advance level course which

was organized for them during December 2012 and March 08th, 2013.

2012-2013

Course Registered student

Collaboration Faculty

Basic German 31 Indo German Educational and

Cultural Society of Goa

Ms. Lisa Dias- Noronha

Basic Spanish 29 Communicare, Goa Ms.NeeluMehtani, Communicare

Basic

Portuguese

10 InstitutoCamões,

Panjim.

DelfimCorreia da Silva

Director, Instituto Camoes

Basic French 15 Alliance Française de Goa.

Ms.Karine Christophe, Deputy Director, Alliance Française


The course was held in consultation with Goethe Institute, Pune by

Professor Rainer Lotz.

4. EVENTS ORGANISED BY THE INSTITUTE

4.1 SAMRIDDHI 2012 – THE BUSINESS OF INNOVATION

Samriddhi 2012 celebrated Innovation and recognized innovators

through a 3 day long festival at the Sanquelim Campus which brought

together the industry‟s leaders and pioneers in Innovation and rising

stars in one place, at one time. It showcased an illustrious panel of

speakers, ground breaking events including live case studies, innovation

in sports, marketing expeditions, Innovation awards and more.The event

was covered by various press, radio and television media, both local and

national.

The Chief Guest for the occasion was the Governor of Goa, H.E. Bharat

VirWanchoo. The leader of the opposition and member of our Board of

Governors, Mr. P.R. Rane and Mrs. Rane were present.

The keynote speaker was Mr. AlyquePadamsee, whose address on “Ideas

and innovation” set the tone and mood for the rest of the festival, which

was inspiring and bold. Mr. Padamsee followed this with a special

session on “How to get in touch with your emotional center”.

The other eminent speakers on Day 1 were

Mr. S L Ganapathi, who talked about “Innovation in logistics”,

Mr. Stephen Remedios – “Innovation in garnering consumer insights”,

Commodore Srikant Kesnur – “Innovation in the armed forces”,

Mr. Devdutt Modak – “Innovation in information technology and creating

business opportunities”


Mr. Kumar Ankit – “Innovation in ensuring sustainable development” and

Ms. Kshama Fernandes CEO, IFMR capital (our former faculty). All these

industry leaders shared their views, offering students

Day 2 saw a host of competitions, from market simulation games and

marketing and design innovation contests to other stimulating games

specifically tailored to stimulate and reward business acumen.

Day 3 culminated with a talk by the ex-Director of the National Institute

of Oceanography, Mr. Satish Shetye who is now Vice Chancellor of Goa

University, followed by an entertaining closing ceremony by the students.

4.2 WIZ BIZ

WIZBIZ is the annual corporate quiz organized by MECCA, The

Marketing Inveterate of Goa Institute of Management. It is the biggest

corporate quiz of India organized by India. This year saw the 13th edition

of this legacy quiz with the prize money exceeding that of TATA Crucible,

the most renowned quiz of the country. WIZBIZ was started with the goal

of putting GIM on the corporate map and increase the industry

interaction of the students with the corporate that are a part of WIZBIZ

every year.

PRE- EVENT ACTIVITIES

WIZBIZ WEEKLY QUIZ: 2ND – 22ND FEB, 2013

To keep people engaged on our WIZBIZ Page, we had a three week long

quiz running on our page. 5 questions were uploaded on the page every

day and people participated in large numbers. The quiz was conducted

using an App we had purchased. This allowed viral sharing of the quiz.


INQUIZITIVE MINDS – 20TH TO 22ND FEB, 2013

Inquizitive Minds is the annual 3 day event conducted before WIZBIZ. It

included 3 online quizzes on the popular quizzing website

www.dare2compete.com. These quizzes were open to all and saw more

than 1000 teams participating each day. It is one of the most awaited

quiz of the year. The winners were awarded cash prize of Rs. 3000 per

team per day.

ZEAL – 19TH FEB, 2013

Zeal is conducted before WIZBIZ to select one team from GIM that will be

given a chance to take part in the main event. This year, because of the

overwhelming response from the students, top 2 team were selected from

Zeal to take part in WIZBIZ.

1st: NIshadh Amonkar & AmeySardessai

2nd: Praveen Joseph & Prasad Kole

WIZBIZ: THE MAIN EVENT – 23RD FEBRUARY

We had 16 teams from various corporate houses this year. These

participants were from TCS, Splash Communications, Oracle, Genpact-

Questa, HDFC Bank, Morpheus Human Consulting, Subhash Photo

Systems, L&T Finance, Metro Cash and Carry India, HDFC Life, IBM, SBI,

SESA Goa and certain independent organizations.The participants were

provided accommodation with our hospitality partner, Aguada Anchorage.

The Quiz Master for the event was Mr. AvinashMudaliar who is one of

India‟s leading quiz masters and a well accomplished quizzer. He has

conducted more than 1300 quizzes in the last 20 years and has won over


800 odd quizzes. This year was the 11th year of WIZBIZ‟s association with

Mr. Mudaliar.

According to Mr. Mudaliar, “Content wise, WIZBIZ is the undoubtedly the

best quizzing event in India. Moreover, the hospitality towards every event is

fantastic. They go back with pleasant memories making WIZBIZ the most

outstanding quizzing destination of the country.”

WINNERS

1st: Rohan Khanna, Amit Pandya - Genpact Questa

2nd: R Jayakantan, Sreekanth G – TCS

4.3 INCEPTION

Inception is an annual event organized by the students. The purpose is to

bring students together and encourage them to showcase their talent in

diverse skills. This year, as always, it was held in February 10th 2013 at

the GIM amphitheater.

This year, we thought we would add an element of social responsibility by

supporting the cause of National Association for the blind, Goa. The plan

to engage Remo to be the main guest, performer and mascot and push for

awareness using his media clout could not materialize due to certain

constraints.

Agnya, an instrumental band doing fusion was the main band. Our own

band did a couple of sessions and got an outstanding response. In

addition there were many performances by students and by two professors

as well. Food stalls provided a happy variety of food for the evening. Spot

prizes were handed out and some new talents were discovered.


4.4 RIBANDAR TALKS

The list of speakers who participated in series of Ribandar Talks this year

is given below:

1. PrahladKakkar - Ad Film Director and Founder, Genesis Film

Productions spoke on Translating brand positioning into TV commercials.

2. Prakash Iyer - Managing Director, Kimberley Clark India spoke on The

Habit of Winning.

3. Walter Bender - Founder, Sugar Labs and Ex-president One Laptop per

Child (OLPC) Foundation spoke on learning to change the World.

4. Manish Sharma - Co- Founder and CEO, Printo spoke on what I did not

learn at Business School.

5. J K Sinha - Member, National Disaster Management Authority spoke on

Disaster Management in modern day business scenario.

6. Edgar Ribeiro - Former Chief Town Planner, Town and Country Planning

Organization, India spoke on Spatial Investments in the Infrastructure

Industry.

7. Animesh Kumar - Group Head, HR and Corporate Services, IDFC and

Co-CEO, IDFC Foundation spoke on the future of HR.

8. Anil Agarwal - Founder and Executive Chairman, Vedanta Resources

Corporation spoke on Entrepreneurship

9. Ash Rajan - U.S. Chief Investment Strategist, Global Capital Markets,

Merrill Lynch USK, Merrill Lynch spoke on Global Capital Market's

Outlook.


10. Ravi Arora - Vice President, TQMS (Tata Quality Management Services)

Innometer Workshop - How to measure Innovation

5. RESEARCH AND PUBLICATION

1. (Andrade & Singhal, Towards achieving Education for all : Sarva Siksha Abhiyan and its

progress in Goa, 2012)

2. (Swamy, Bhuyan, & Neog, 2012)

3. (Das-Gupta, The case for an income tax amnesty, 2011)

4. (Das-Gupta, Fiscal reform: Why not tackle the waste?, 2011)

5. (Das-Gupta, Public Expenditure Management Committee Report: A Critical Review, 2011)

6. (Das-Gupta, An Assessment of the Revenue Impact of state-level VAT in India, 2012)

7. (Das-Gupta, Corruption, 2011)

8. (Das-Gupta, How DTC Perpetuates Corruption, 2012)

9. (Das-Gupta, Economic Analysis of India's Double Tax Avoidance Agreements, 2012)

10. (Das-Gupta & Bird, Public Finance in Developing Countries, 2013)

11. (Mayur & Kumar, Determinants of going-public Decision in an Emerging Market, 2013)

12. (Mayur & Mittal, Waves of Indian IPOs: Evolution and Trend, 2011)

13. (Mittal & Mayur, 2012)

14. (Hartel, Lloyd, & Singhal, 2011)

15. (Singhal, Shiraani, & Adhikary, Inclination of Youth Towards social networking sites – A Three

Nation Exploration)

16. (Singhal & Dias-Amborcar, Dial 108 in an emergency, 2011)

17. (Singh & Singhal)

18. (Fernandes, Mekoth, Kumar, & George, 2012)

19. (Fernandes & Tiwari, Organizational Role Stress : Impact of manager & Peer Support, 2012)

20. (Fernandes & Pinto, Cooj Mental Health Foundation - Touching People’s Mind, 2013)

21. (Gupte, Heuristic Approach to Air Crew Rostering Problem, 2011)

22. (Gupte, Cluster Analysis Approach for Market segmentation)

23. (Padhmanabhan, Internal Competition – A curse for team Performance, 2012)

24. (Padhmanabhan, Conflict Management at TKC Consulting, 2011)

25. (Bandyopadhyay & Lotliker, An Application of principal component analysis in supplier

selection, 2011)

26. (Bandyopadhyay, Using of Six Sigma in Adopting Business Excellence Model In India Context,

2011)

27. (Bandyopadhyay, Implementation of Total Productive Maintainance – Plus some tips from

Evidence Based Management)

28. (Borker & Bandyopadhyay, 2011)

29. (Ponnam & Dawra, 2013)

30. (Dawra, Katyal, & Reddy, 2012)

31. (Biswal, Kar, Debdata, Panda, & Menon)


32. (Kar & Pattnaik, 2011)

33. (Katyal, 2013)

34. (Singhal & Singhal, 2012) (Swami, 2011)

35. (Andrade, Das-Gupta, Marathe, Nandi, & Padhiari, 2011) (Andrade, Das-Gupta, Ghosh,

Marathe, Nandi, & Sucharita, 2011)


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IPO Period: A Panel Data Analysis of Indian Firms. IUP Journals of Corporate Governace , 11 (2),

24-37.

30. Padhmanabhan, V. (2011). Conflict Management at TKC Consulting. Ivey Publishing, Richard Ivey

School of Business Foundation.

31. Padhmanabhan, V. (2012). Internal Competition – A curse for team Performance. Ivey

Publishing, Richard Ivey School of Business Foundation.


32. Ponnam, A., & Dawra, J. (2013). Discerning product benefits through visual thematic analysis.

Journal of product & Brand management , 22 (1), 30-39.

33. Singh, M., & Singhal, D. Interlinking of Indian Rivers : A big Dream of little Logic. In A. K. Thakur,

& P. Kumari, Interlinking of Rivers in India (pp. 204-216). Deep and Deep Publications Pvt. Ltd.

34. Singhal, D. (2010, July-Sept). Goa Experiments with an innovative approach in health sector.

Management in Government , 29-40.

35. Singhal, D., & Dias-Amborcar, Y. (2011). Dial 108 in an emergency. Asian Business Case Collection

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36. Singhal, D., & Singhal, K. R. (2012). Implementing ISO 9001: 2008 Quality Management System -

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37. Singhal, D., Shiraani, F., & Adhikary, J. R. Inclination of Youth Towards social networking sites – A

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38. Swami, R. (2011). Goa Development Report. Planning Commission . New Delhi: Academic

Foundation.

39. Swamy, R., Bhuyan, N., & Neog, R. (2012). Soft Issues In the Software Industry (A). Giving Voice

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6 STUDENT EXTRACURRICULAR ACHIEVEMENTS DURING THE YEAR

The Last year has seen a very substantial range in extracurricular

student activities during the year. I suppose this could be attributed to

- The large batch size and the larger size of student population at this

campus.

- The additional facilities provided at this campus that encouraged

students to attempt various competitions.

We are pleased to report the large amount of extracurricular activities

and prizes won are under.


AWARD WON BY GIM STUDENTS IN VARIOUS COMPEDITIONS

S. No. Event Name

College/ Company_ Organizing

Team Name Members Prize Won

Cash Prize

About the Event

1 CFA level 1

Ankush Goyal

2 Nissan Student Brand Manager

Nissan

Rahul Garg Winner,

Representative, Goa Region

Brand Management

3 Technopak Advisors

Technopak, Consultancy

Firm

Rahul Garg Second Prize

Consultancy Competition

4 All India Case Study

Lux Industries Ltd

Rahul Garg Finalist

Case Study Competition

5 ConQuest Online

IIM Shillong

Aditi Parikh Article got published

Article Writing

6 MBASkool

KshamaAdka Article got published

Article Writing

VyomaVegad

7

Delloite Maverick Case Study Challenge

Delloite

AkshatMadan Qualifiers from

the western region, National

Finalist

Case Study

Competition

HitaishiKhullar

Olivia Dmello

8 Goa Association

Best Management student of the

year

AmeySardessai

Rolling Trophy, Silver medal sponsored by

NIIT Panaji and a certificate

9 NeethiSastra IIM Indore

AkshatMadan First Prize


HitaishiKhullar

Olivia Dmello

10

iLogo- Coolest T-shirt Contest

iLogo

Trisha Chhabra Third prize Rs.

25,000

11 Capstone International Challenge

Capstone

Rajas Nadkarni Brandon Lobo Jerry Varghese Siddhesh Desai

Carl Mascarenhas

Third prize

12 Write-O-Rama IIM-

Kozhikode Saptak Bose First prize

13 SectoRate IIM Trichy

AkshatMadan First prize

Rs. 30,000

Consulting Event

HitaishiKhullar

14

Articles for January 2013 edition of ConQuest Online

IIM Shillong

Aditya Khajuria Best Article of the

Month Rs.

1,000

Article Writing Competition

15 Chakravyuh 2013

IMT Ghaziabad

Basketball Team –

Boys

DarshanBhat

Winners of the Basketball

Tournament

Sports Event

Umair Siddiqui

Jagdeep Sandhu

Hemant SJ

GautamRaizada

SiddharthJhunjhunwala

Rohit Sharma

Basketball Team –

Girls

RaisaPrazeres

Winners of the Basketball

Tournament

KshamaAdka

TanviNaik

Aditi Daniel

http://www.facebook.com/triishac

http://www.facebook.com/triishac


16

Econimi Inviting Articles For ECOSYNTHESIS

IMI, Delhi

Aditya Khajuria First prize Rs 1500


17 Inquizzitive - Samriddhi

Goa Institute of

Management

PrajaktKamat

First prize Rs.

10,000

Intercollege

Business Quiz

Competition

Srijit Kumar

18

Bouganvelia real estate developers promotion poster design

Bouganvelian real estate developers

AKS Abhishek Srivastava First prize Rs.

5,000

Promotional campaign to design a poster & generate visibility of the developers via social media,

19

Articles for Pratibimb – The TAPMI's e-Magazine

TAPMI

SavioFernandes Article Published Article Writing Contest

20 Homecoming SIMSREE The

Super Marios

DheerajPershad

First prize HR

competition

MugdhaGupte

VivekSaha

21 Tod mod kejod SIMSREE The

Super Marios

DheerajPershad Second Prize

marketing competitio

n MugdhaGupte


VivekSaha

22 Udyog IRMA The

Super Marios

DheerajPershad

Second Prize

AmulFlaavyo

marketing campaign

MugdhaGupte

VivekSaha

23 Srijan TISS HRyans

Derrick menezes

Top 5

HR based case study

competition

Deepankar Sadhukhan

VivekSaha

24

B-Spionage (B School Magazine by PrintBindaas)

PrintBindaas

Sunil Pandey Article Published


25 Financial Wizard

J.P. Morgan

Neeraj Singh JP Morgan

Global Finance Scholarship

100000 Finance Scholarship

26 DempoBizquest 2013

Dempo Group

Nishadh Amonkar Second Prize

Business Quiz

AmeyaParsekar

27 Panchayati Raj Quiz

North Goa ZillaPanchay

at

Nishadh Amonkar Third Prize

Quiz on Panchaya

ti Raj AmeyaParsekar

28 Inquizzitive The Times of

India

Prithviraj Gupta

Second

Inter College Quizzing Competiti

on

Aditya Desai

29 Vinidhan KJ somaiya Dollar Banian

Rutul Mehta

Finalist

Finance case study

competition

Nikhil Rana

30 FinStruct KJ Somaiya Institute of

FlashCrash

TusharWalecha

First Prize 20000 Developin

g


Management & Research

SukrittaLoonia

PiyushSharoff

structured products

using financial engineeri

ng.

PiyushSharoff TusharWalecha

SukrittaLoonia

SukrittaLoonia

31 GameOn

Welingkar Institute Of

Management Development & Research

FlashCrash

TusharWalecha SukrittaLoonia PiyushSharoff

Second Prize 10000

Application of

Game Theory

PiyushSharoff TusharWalecha SukrittaLoonia

SukrittaLoonia

32 Finurosity,Melange

K J Somaiya The

Dolphins PiyushSharoff Ashish Mittal

Third Finance Quiz

33

Businesss Simulation Game,Samriddhi

Goa Institute of

Management

PiyushSharoff Siddhesh Desai

Nitish Pal Finalist

Business Simulation Game

34 Markathon IIM - Shillong Dheeraj DheerajPershad First 1000

Poster Designing fPiaggio Vespa relaunch.

35 Chakravyuh IMT

Ghaziabad Avalanch

e

AnjumThobani

Third Table Tennis

SiddharthJhunjhunwala

Hemant SJ

DheerajPershad

36 ASMANJAS IRMA,

UDAAN’2012

Rahul Garg

Third

Suggest Market Entry

Strategy MandarBanage


7 ADMISSIONS FOR THE YEAR 2013-15

Admissions for PGDM 2013-15 was announced by a notification on GIM

website in September 2012. Applications were invited for the flagship

PGDM programme and PGDM Health Care management programme.

Candidates had option to apply for either or both programmes.

Candidates could apply to GIM, based on XAT and CMAT (Both October

and February tests).

This Year, we had used internet based publicity to a greater extent. The

publicity efforts included social media, specifically targeted for Healthcare

Management.

We received a total 9276 applications for 2013-15 batch, of these 855

candidates were interested in both programmes (compared to 7231

applicants for 2012-14). Shortlisting of candidates based on XAT and

CMAT (first test) held in October was done, based on total score in the

competitive examination and section-wise cutoff for each of section in XAT

as well as CMAT. The cutoff for total score was higher than cutoffs for

previous year. In phase I of admissions 1811 candidates were invited for

interview for PGDM / PGDM-HCM programmes in February-March 2013.

1270 candidates appeared for the interview for PGDM and for PGDM-HCM

in February-March 2013.

For PGDM-HCM, each individual application was reviewed by a team

headed by Asst. Dean and 404 candidates were shortlisted only for PGDM-

HCM interview based on score in competitive examination and profile

experience of the candidates.

In phase II 3422 applications based on CMAT (second test) held in

February shall be taken up for shortlisting and interviewed in April 2013

and we are likely to interview around 1000 candidates in April 2013


A preliminary review of the interview results indicates that we may have

up to 1000 candidates with scores better than stipulated minimal norms

for the admissions/offer/placing candidates in waiting list. Forecasting

based on experience of past years in offer to acceptance ratio it is highly

probable that we will get the required strength for the PGDM class of

2013-2015, however the position related to PGDM-HCM can only be

ascertained after completion of phase II.

8 PLACEMENT

We can report a satisfactory placement performance. The number of

students placed so far is 199 and the remainders 34 are likely to be placed

very soon. The average salary is Rs. 7.89& the median salary is 8 lakhs.

9 MDP’s

The MDP team made good progress during the year. Around 20 short

duration Courses were developed in coordination with faculty members.

Besides, short duration customized programmes were conducted for

several Clients such as Sesa Goa, CIPLA, General Insurance, Max Life

Insurance, KITCO and Under Water Ranges (division of DRDO).

A-5 day training program was also conducted for executives from Dutch

Committee of Afghanistan.

Contact has been established with the Tata Management Training Centre

(TMTC), Pune and discussions for collaboration between GIM and TMTC

have reached an advanced stage. Such collaboration would give further

impetus to the on-going plans.


Details of the MDPs conducted during the year are reproduced as follows:

Date Title Organization No. of

people

Attended

6-8 August

2012

Sesa Young Managers' Management

Development Programme

Sesa Goa

Ltd.

(Vedanta)

23

10-12

September

2012

Sesa Young Managers' Management


Sesa Goa

Ltd.

(Vedanta)

21

13-15

September

2012

Sesa Middle Level Managers'

Management Development Programme

Sesa Goa

Ltd.

(Vedanta)

22

30th.

October

2012

CIPLA Middle Level Managers‟


(Leadership)

CIPLA Ltd. 30

2-3

November

2012

GIC Young Managers‟ Management


GIC 18

25-27

November

2012



(Finance for Non Finance Executives)

CIPLA Ltd. 34

26-27

November

2012

Max Life Insurance


(Customer Relationship Management)

Max Life

Insurance

28


December

2012

Executive Development Programme for

Dutch Committee of Afghanistan

(Finance)

Dutch

Committee of

Afghanistan

3

January

2013



(Finance for Non Finance Executives)

CIPLA Ltd. 20

February

2013


for KITCO (2 sessions on Innovation

and Creativity and 2 sessions on

Enhancing Employee Performance)

KITCO 11

March

2013

Management Development Program for

Under Water Ranges (2 sessions on

Finance for Non Finance Executives

and 2 sessions on Communication and

Presentation skills)

UNDER

WATER

RANGES

February

2013



(Leadership)

CIPLA Ltd. 30

10 EXCHANGE PROGRAMMES

Our exchange programmes continue with a larger strength but to the same

institutes in Europe.

This year we hope to host a batch of undergraduate students from William

& Mary School and hope that this collaboration can eventually be

upgraded to a higher level of collaboration of student and faculty exchange

at the MBA level. We continue to pursue our efforts to seek fresh avenues

for exchange programmes.


11 CRISIL RATING

I am glad to report that in their rating exercise CRISIL have rated us A**

the second level at the National Level and A*** the highest level at the state

level. We believe that it will not be too long before we are able to be rated

with A*** at the National level as well.

The popular magazine COMPETITION SUCCESS rated us last year as the

Best emerging B School in India likely to break into the league of Schools

of super excellent. We shall make every effort to get there soon.

12 ACCOUNT OF GIM

The Accounts for this year will be ready after the end of the financial year

ending 31st March, 2013.

However, the accounts of the last year showed a deficit of Rs. 571.09 lakhs

for the year and this year we expect to have a cash surplus of Rs. 78.89

lakhs for this year end despite a large depreciation charge. We have been

regularly repaying the Bank loan. This continued excellent finance

management has resulted in further strengthening our relationship with

our bankers. This is substantiated by the fact that additional loan to fund

our extension project as also an overdraft facility has been sanctioned by

the bankers and that too at the considered rate.

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