SAMPARK Th e
Vol 9 Issue 1
Alumni In-Focus Mamta Saikia
Silver Jubilee Reunion Pg 21 Batch of 1990
Strength of our Alumni Network
Alumni Associa on
IMTians and Start-ups
Special Men on
AACSB Accredita on
Silver Jubilee Reunion
The Next Step Forward
Director, IMT Ghaziabad Dear IMTians The biggest mark of any school lies in the value its graduates create in their respec ve ﬁelds. IMT alumni have dis nguished themselves in all aspects of business and leadership across the world. They have also co-created the value IMT delivers to the world by building an ecosystem of mutual collabora on. It is me to further strengthen this ecosystem. We are crea ng new avenues for the alumni to get involved in our agenda of grooming future leaders – developing cases, crea ng assets for Execu ve Educa on, teaching in industry speciﬁc domains, and mentoring aspiring entrepreneurs are just a few of them. I am more than 100% sure that your partnership with your alma mater in this important process of co-crea ng intellectual capital and grooming leadership would go a long way Dr. A sh Cha opadhyay in posi oning IMT as a new-age management school while retaining the rich legacy. I would like to congratulate the IMT Alumni Community for its signiﬁcant contribu on towards building the brand IMT and wish you and your families the best in all your future endeavours.
Dean - Executive Education, IMT Ghaziabad Dear Alumni, It is my pleasure to inform that I have recently joined your esteemed alma mater as Dean of Execu ve Educa on and External Rela ons. One of the most important tasks assigned to me is to ac vely engage with the alumni of one of the most pres gious business schools in the country, which I consider as my proud privilege. In the very brief me I have spent at IMT Ghaziabad, I am able to sense tremendous enthusiasm and a renewed sense of purpose among the faculty, staﬀ and students following the signiﬁcant changes that are taking place in all facets of the ins tute. The primary focus of my brief message is to inform you of the various developments, which I am sure will be of interest to all of you. One of the notable changes that has taken place a er the Director, Dr. A sh Cha opadhyay, has assumed charge has been the revamping of the curriculum architecture of the Two-Year PGDM program. I would like to highlight just a few of them here. The new architecture mirrors the various facets of IMT Ghaziabad's Vision of developing students who are entrepreneurial, conscious of their responsibility to the society, especially the underprivileged, and who are capable of ﬁnding innova ve solu ons to challenges faced by businesses and society at large. To transform the vision to realty, courses on sustainability and social responsibility, domain specialisa on in entrepreneurship, compulsory entrepreneurial immersion for all the students, workshops on design thinking, organisa on based projects have been included in the curriculum. To support this major ini a ve, senior academicians and industry veterans have been invited to join the faculty body. Similarly, the curriculum of both PGDM (Part-Time) and PGDM-Execu ve are being reviewed to bring in changes that are in tune with current business impera ves. I am also happy to inform you that a Centre for Banking Studies with a senior banking professional as chairperson has been launched under the aegis of IMT Ghaziabad to cater to the training needs of banking professionals. The centre will be conduc ng its ﬁrst MDP on IND AS during October 20-21, 2016. The ins tute is also working closely with various organisa ons to oﬀer customised and open MDPs to cater to their training needs. There are several other ini a ves that are on the anvil that are sure to provide the required impetus to propel your alma mater in a rapid growth trajectory. I will be happy to share informa on on these ini a ves and other developments with you from me to me.
Dr. Somayajulu Garimella
Director, IMT Nagpur Dear IMT Alumni, I am immensely pleased to be associated with Pan-IMT Alumni Associa on. This is absolutely a mely step taken by IMT alumni of various campuses. Crea ng a network of alumni across the corporate houses has been the key winning formula for leading B-Schools in establishing and strengthening their brand worldwide. An ac ve collabora on between the Ins tute and its alumni is paramount in crea ng this network. I have a strong belief that the ini a ves taken so far by the IMT Alumni Associa on will surely help take the IMT brand a few notch up in the very near future. I look forward to be a party to more of such ac on oriented ini a ves by the Associa on. I assure all support to all future endeavours. I wish all the best to alumni of all IMT campuses.
Dr. Subhajit Bha acharyya
Director, IMT Hyderabad Long ago I learnt the theory advocated by Charles Darwin that is: the species that adapts itself to change the fastest, will survive. Organiza ons that want to survive in diďŹƒcult me need leaders. And IMT alumni are leaders that lead the way to change. I am always eager whenever I get an opportunity to see how the educa on and life experiences gained by the students, while at a business school, has assisted them in their endeavours since they graduated. 'Sampark' is an enabler to get reacquainted with the community from which we come. Three and a half decades ago, IMT made a beginning. Today, IMT alumni cover the globe in their search for knowledge and their contribu ons make a signiďŹ cant impact wherever they work. As alumni who truly love and faithfully support this great ins tu on, I am sure you share my pride in what we are doing and where we plan to go. As we grow year over year, our ambi on to be amongst the leading business schools na onally as well as globally is Dr. Sa sh Ailawadi further proven in strength, numbers and results. IMT has and will con nue to have a big impact on society and that our ambi on connects us all and resonates into the future. Each alumnus holds in his or her hand, the power to push IMT forward. Your pride makes IMT shine. Your involvement makes IMT grow. Your contribu ons make IMT strong. Together we keep IMT spirit alive so that the new genera ons of students can follow your footsteps. How do we keep IMT spirit alive? By remembering why you chose IMT. And new students will make the same choice. Choosing IMT is choosing to be part of a community of Leaders of Change.
Faculty Coordinator, IMT Ghaziabad At IMT-Ghaziabad, Alumni Rela ons has been at the fore-front of its 36 years of legacy of excellence. All ac vi es pertaining to the other stake-holders namely, the faculty and student have the alumni as the key fulcrum. We are indeed thankful to our alumni for their valuable contribu on towards the recent AACSB accredita on as well as placements. Personally for me as faculty co-ordinator, it has been a great learning experience to lead a vivacious Alumni Rela ons Team and interact with the alumni fraternity. At Alumni Rela onship Commi ee, our endeavour has been con nuously to engage, build and nurture these rela onships with the alumni to create mutually beneďŹ cial footprints for the ins tute and the alumni.
Prof. Lipi Das
Faculty Coordinator, IMT Hyderabad The journey has just begun for IMT Hyderabad. As a member and the faculty in charge, I am honoured as well as exuberant to be associated in the endeavour to strengthen the exis ng threads and weave many a new. The Alumni Rela ons Commi ee of IMT Hyderabad is at its progressing stage. It frequently invites prominent alumni from relevant industries to share their insights with the current students as a part of the leadership series. It works in tandem with our counterparts at IMT's Ghaziabad, Nagpur and Dubai campus to leverage the well- established alumni network and ac vely Prof. Tumpa Dey organizes alumni meets through Alumni Chapters, to bring a sense of belonging to the IMT family. We look forward to enhance our es with the esteemed alumni in providing a concrete base for a pla orm for the alumni to connect with their alma mater.
President, IMT Alumni Association One thing that no one can ever doubt is the signiďŹ cant role played by the Alumni community towards the brand building of any community. The Alumni community is one of the strongest pillars that lays the founda on of any ins tute's success and through their constant support and contribu on, both in their corporate careers and through ins tu onal ac vi es, the community contributes towards building their own brand. It is the emo onal connect that the community has with the ins tute which propels them to return back to the ins tute that not only gave them a world class management educa on but also shaped their lives in more ways than one can imagine. In a fast paced world which is on the go 24x7, Alumni rela ons is one Mr. Debashis Das such forum which suggests to 'Take a look back,' rebuild and relive the joys of togetherness. This is one forum where you dont need be a cri c, but a supporter and contributor towards ini a ves undertaken for the common good of a community backed by the most posi ve intent. Jumping on the bandwagon of 'New Beginnings', the IMT Alumni Associa on - a registered body that works for the welfare of the Alumni Network, in its endeavor to con nue the partnership with the ins tute towards building brand IMT, has launched a new logo which resonates around the core #IMTianForLife philosophy and derives its parentage from the IMT brand logo. Hope you like it and con nue to be a part of the Alumni ac vi es.
Alumni Speaks The Connect that Matters As I bid farewell to my campus, I think of how it all started. Sending me to IMT was a tough task. Ask my mother. I didn't want to stop earning and start learning. But IMT has been one of the best decisions of my life. The Art of Living sessions gave me my friends. The sleepless nights at the ALCOM oďŹƒce gave me the honor of mee ng some great alumni. Sportscom gave me a reason to get up and get going every few months! Culcom managed to make me walk on the ramp again. Smiles and Tears. I had it all. Assignments, projects, quiz passwords, a endance problems, sleeping in class, end terms.. well that also went on side by side. Crazy par es, crazier friends, craziest nights! IMT is one place, which holds the legacy of not only brilliance and excellence but also partying! IMT teaches you what no other B-School can; BALANCE OF LIFE. This keeps us mo vated to go on even when the winds are against us. So cheers to all the IMTians who were, who are and who will be! Stay in touch, a er all, 'this is one connect that ma ers.' - Vidisha Sharma(Batch of 2014)
IMT Alumni Association
IMTianForLife BATCH CHAMPIONS
With New Beginnings, we give a refresh to the face of the associa on with our new logo a er the name being oﬃcially changed from ‘Chungi Nights’ to the ‘IMT Alumni Associa on’. The logo encapsulates the ins tute and the alumni associa on in ideologies to work together towards building and upli ing brand IMT forward. With a host of ini a ves designed for the beneﬁt of the alumni and the current students, we move forward with synergy and symbiosis in the interac ons. It also resonates around the core #IMTianForLife philosophy and derives its parentage from the IMT brand logo. With a resourceful and rich alumni base, the associa on falls in line with the vision of IMT to be a leading management ins tu on that contributes to the development of business and society through excellence in grooming leadership, entrepreneurial talent and research and propaga ng the brand across the globe.
JOBS4IMTIANS MENTORSHIP WEEK
ALL INDIA ALUMNI MEETS GOA HOUSING PROJECT
CAREER MENTORSHIP CITY CHAMPIONS
AMPHI NIGHTS KNOWLEDGE KONNECT
ALUMNI DAY Contents
Strength of our Alumni Network
STRENGTH OF OUR ALUMNI NETWORK BATCH CHAMPIONS FORUM 2016 BATCH CHAMPIONS’ MEET DELHI. MUMBAI. BENGALURU What do they do?
Commi ee, Ghaziabad - Batch Champions from Ghaziabad, bridge the gap between student skillset Strategize Nagpur and Hyderabad and industry requirements by ensuring Batch Champions organize their batches, - Alumni Rela onship Commi ee alumni engagement through formal debate and develop strategies and Ghaziabad, Nagpur and Hyderabad p ro c e s s es such as Admissions, welfare ini a ves for the future IMT Curriculum Development and alumni to build brand IMT. The meet began with Mr. Debashis Das, Placements. President, IMT Alumni Associa on, Communicate giving an introduc on about the Single point of contact to ensure smooth Associa on. The members of the forum For this purpose, an Alumni Industrial communica on with their batch and approved the change of name of the Advisory Board for each domain in the upcoming years would be ini ated. engagement of the batch in aligned ini a ves. They also keep the batch up Also, all commi ees at IMT would be to date with all that is happening in mentored by one faculty member and college. one alumni. Collaborate In the ini a ves decided in the forum and support the cause.
Build Help build the network and the posi ve momentum of the alumni ini a ves by stronger engagement. 6th Batch Champions Meet Date: 3rd June 2016 Venue: India Interna onal Centre, Delhi A ended by: - Director, IMT Ghaziabad, Hyderabad - Faculty-in-Charge - IMT Ghaziabad, Nagpur and Hyderabad - President, IMT Alumni Associa on - President, Alumni Rela onship
The much awaited Goa IMTAA project was also introduced. The plan was shared by Mr. Atul Sharma. Once func onal, it will give our alumni a chance to vaca on together and have a coopera ve society exclusively for associa on from 'Chungi Nights' to 'IMT themselves. Alumni Associa on'. The progress made since the 1st Meet Mr. Debashis Das also informed every and the eﬀorts made to take Brand IMT one about the new structure of Alumni forward was put in front of the forum. To Associa on. this eﬀect, a lot of new ideas and - An ALCOM Mentor would be ini a ves were discussed, out of which some were already ini ated and in the appointed to guide the current ALCOM students to ensure the smooth developmental stage. func oning of the commi ee - Vice President was appointed for The Incuba on Cell is one such ini a ve. To be launched by the end of the Ghaziabad campus on the basis of this year, it will hopefully prove to be a the contribu ons in the past 2 years - Non-contribu ng members were new medium to create synergies in diverse ﬁelds to drive entrepreneurship. m o v e d o u t o f t h e f o r u m ; C i t y Champions for Kolkata, Mumbai and The Mobile Applica on, another Chennai were announced ini a ve, is another big step towards connec ng the alumni. It will help to As has been the norm, the forum Alumni Network stay in touch and keep con nued the legacy forward, where past mee ngs were evaluated and abreast with all the latest news at IMT. future ini a ves were discussed, in the Dr. A sh Cha opadhyay, Director, IMT hope to make Brand IMT greater and Ghaziabad, men oned the need to stronger.
Structure and Proﬁle
ALUMNI ASSOCIATION STRUCTURE AND PROFILE Any ac vity/ini a ve undertaken by with designated posi ons who are years. Following is the list of current set the associa on needs to sa sfy at least nominated/selected based on the of Vice Presidents announced at the 2 out of the following 3 criteriarespec ve criteria. 6th Batch Champions meet: - Does the ac vity help the alumni? - Does the ac vity help the ins tute and the current students? - Does the ac vity help build brand IMT?
Following is the list of the posi ons of - 1980-94 – Kalpana Narain, Ravi the diﬀerent oﬃces that together Pahuja and Indravir Saran Das contribute towards the cause of strengthening the Alumni network. - 1995-2010 – Prabhat Ummat and Alekhya Chakraborty Vice President This process is validated at the Batch - 2011-2016 – Vidisha Sharma, Champions Meet held every quarter The outlook of alumni across batches K o m o l i k a M i t r a a n d R u p a y a n and decisions are taken in that forum diﬀers and is no ceable. People Bannerjee with representa on from every batch. gradua ng across diﬀerent decades Primary responsibility of the opera on have diﬀerent set of expecta ons from City Champions and Interna onal of the ini a ves is in the hands of the Ins tute. To address the respec ve Chapter Heads the Associa on has certain members of the associa on needs, the post of Vice President has been extended beyond the Batch been designated for every group of 15 Champions forum to include City Champions and Interna onal Chapter Heads as well. City Champions are those alumni who are possibly se led in one loca on for good and 1 will be the torch bearers for an alumni making an entry into Nominates the city and seeking guidance. 1 President, Over a period of me, City Vice Presidents selected Alumni Champions can start to host based on last 2 years Relationship their own breakfast meets, Committee networking meets, etc. The at the Insititute 80 new members will not be a Batch part of the current Batch Champions Champion forum. 2 are selected to Makes a represent Following is the list of ﬁrst City team of their Alumni Champions announced at the respective Relationship 6th Batch Champions meet: batches Committee 2 Members who - Anuj Saraf – Batch of 2013 are ex-ALCOM for Kolkata members Atul Sharma – Batch of 1994 ALCOM, carries activities for Mumbai, Appoints Alumni Relationship within college & Abhiroop Bagchi – Batch of Committee in alignment with networking Faculty in-charge & 2010 for America and Canada, meets President, ALCOM -Venkateshwara Yarlagadda 4 Rao – Batch of 2010 for
Europe To expand across more geographies, the Associa on is looking for recommenda on for the following Ci es/regions: Bangalore | Hyderabad | Chennai | Gurgaon | Delhi | Noida | Middle East & Africa | Asia Paciﬁc & Australia.
visits to the Ins tute and hand hold the current team to enable them to deliver desired results. The list currently includesBatch of 2014 - Abhishek Ghosh, Sameer Doda and Vishisha Sharma - Batch of 2015 - Rishabh, Rohan and Divya
ALCOM Mentors People who have worked on the ini a ves for past 3 years and have gone through the process of execu ng most of our ini a ves are the team of ALCOMers who graduated since the Batch Champions forum was launched. Selected Alumni ALCOMers who are willing to spare me and guide the junior teams are being appointed as the ALCOM Mentors. They make regular
- Batch of 2016 - Aditya, Amanpreet and Vinamra
founda on for the same. The following list entails the names of Project Champions and the ini a ve- Mentorship model (Championed by Ridhesh Sharma) - Digital ini a ves (Championed by Rajesh Kumar) - Sampark (Championed by Manish Jain and Kalpana Narain) - Sports (Championed by Anshul Bagai)
Project Champions Each of the projects and ini a ves of the Associa on are championed by an Alumni who either ini ated them or played a signiﬁcant role in laying the
The associa on is looking for champions to helm opera ons for the following ini a ves - Case Study Wri ng and Publishing, Entrepreneurship, Digital Marke ng, PR.
ALUMNI PROJECTS IMT - CONCLAVE
- Best of IMT alumni speakers covering various domains - Marketing, Entrepreneurship, Digital Marketing and Social media, HR & Career Mapping in the age of startups, any other. - To showcase IMT’s success to the industry.
IMT - CONFERENCE SHOWCASE OF IMT’S SUCCESS STORIES
- Involves the collaboration between director, faculty and alumni. - Excellent pre, during and post event PR coverage ensured through external agencies.
We request your recommendations of accomplished alumni from your respective batches who could be invited as speakers as well as any and all thoughts on the sponsorship for the event
Passions de Goa The Alumni Project - Passions de Goa is the rst of its kind project by the Alumni Network of any B school in India -The decor of this project will be like a IMT Museum which will bring back nostalgia of campus life. Imagine a holiday where you will always have IMTians around you! -Amazing location ! 800 meters from Anjuna Beach, next to German Bakery, 1 BHK and Studio apartments being made at a price signicantly lower than the market rates. Facilities like clubhouse, swimming pool, restaurant, bar will be available.
ss io ns d e
- Will be functional as a resort on completion and the prots will be passed on to the owners - Goa has been one of the most preferred and favourite holidaying destination for all IMTians - The project is designed for the alumni at a rate that is 30 to 40% lower than the market rate of similar properties Contents
ALUMNI PROJECTS CAREER MENTORSHIP & INCUBATION CELL Career Mentorship The associa on has Tied up with an external expert, 1987 alumnus from XLRI, to provide career mentorship to IMTians at a discounted price. Unlike the common no on that this is for the people who are not doing well, this is actually a program for the people who believe in inves ng in themselves to fast track their career by removing the possible hurdles. This program has been running for the last 3 years with a 100% success rate, with more than 30 IMTians reaping its beneﬁts. The details and discussions that entail are completely conﬁden al between the candidate and the mentor.
More than 30 IMTians benetted Tie-up with industry experts for Skill Development
Fast tracking your career Making Choices Course correction 100% success rate To Enroll: 0124-4995660
s er wy Tians ent M stm B ve e LO am
This par cular ini a ve has been ini ated keeping in mind the rise of the entrepreneurial mood in the na on. Business ideas from the current batch of students would be generated, which would then be provided end to end solu on under this ini a ve. From the help required to set up a company with the legal and regulatory formali es to ﬁne tuning the idea with the help of senior alumni in the relevant ﬁeld to ﬁnding investors for the business idea, this is the forum where the true beneﬁts of the large Alumni network can be reaped. With the wealth of knowledge and the ability to invest in new business ideas this is a splendid pla orm to leverage the IMT alumni network. It can work as a mutually beneﬁcial pla orm as the senior alumni actually mentor and invest in projects of juniors bringing all their experience into play, to guide the next set of entrepreneurs and leaders of this country.
tan ry Assis ce through o t a CA gul ns for Business Id ,L o i Re t u a l e l & d So tions to Investors a of En nnec e from Alum and I ni i In co danc ns ui
Le End ga Cr e to Exp ating ert G
INCUBATION CELL Nurturing Entrepreunership
In our pursuit of glory, a new benchmark we bring.. To grow bigger and be er, we have started with 'A New Beginning'.. Embarked by the new logo, holding hands to be in SAMPARK.. With AACSB accredita on, the world recognize our hard work.. Our new director is helping us much.. We are developing an Alumni associa on app, to keep everyone in touch.. We will now provide exclusive bi-annual edi on to you.. Our various projects are moving forward in the queue.. Being more focused, we have streamlined the process.. With our mentorship program, we reduce the studentâ€™s stress... To bloom from seed to plant, we bring forth the incuba on cell.. Nagpur, Ghaziabad and Hyderabad are being connected with the magical spell.. We are building the job portal, to be in mes of need.. With every moment passing, we are increasing our speed.. Taking the Brand IMT to the next level, we do a responsible deed.. Interfacing every IMTian is our vision and creed..!
ALUMNI IN-FOCUS FEATURING
MAMTA SAIKIA (BATCH OF1991)
n January 2016, the Ministry of Women & Child Development, Government of India, released a list of “100 Women Achievers of India.” The n o m i n e e s we re i nv i te d to t h e Rashtrapa Bhavan, where a special lunch was hosted by the Honorary President of India, Pranab Mukherjee, on the occasion of the ﬁrst anniversary of the 'Be Bachao, Be Padhao' scheme. Among those nominated was Mamta Saikia, an alumna of the batch of 1991, IMT, Ghaziabad. Mamta Saikia is currently the Vice President at Bhar Founda on, which is the philanthropic arm of Bhar Enterprises and also heads its Development and Alliances ver cal, situated in New Delhi. She has served as the Chair of South Asian Fund Raising Group (SAFRG), an Indian NGO working towards training other NGOs. She has also been awarded the Karmaveer Puraskaar - Na onal Ci zen Awards for Social Jus ce and Ac on for her contribu on to the ﬁeld of corporate social responsibility and development. During her visit to IMT Ghaziabad to address a special gathering on the occasion of the Interna onal Women's Day, the Sampark team from the Alumni Rela onship Commi ee got a chance to interact with Ms. Saikia. The interac on ranged from a gambit of topics, with Ms. Saikia excitedly reminiscing about the amphi-theatre and how it is an
nego a ons and most importantly, s t a y h a p p y. S h e a d d e d t h a t understanding of diverse industryrelated issues, an eye for key business drivers, resource and risk management through good governance, are all skills she imbibed during her me at IMT, Ghaziabad.
“I believe that each one of us has the power to bring about a posi ve change; to make people's lives be er.”
invaluable part of the IMT experience, being the home to memories of The work which her Founda on laughter, gossip, tears and late-night carries out, as well as her past work at dancing sessions. Child Relief & You (CRY) for nine years, is hard yet fulﬁlling given that it During the course of her recollec ons, has a direct bear upon the well-being Ms. Saikia men oned how her me at of her society. She admi ed that the IMT, Ghaziabad sowed the seeds that shi from a poten ally lucra ve helped her stay grounded and face the management consultancy role to a challenges head on while tackling the more community-oriented career grass-root reali es and the problems path was not an easy one to make. she came across in her line of work. Taking the upshots in her stride, she According to her, not only did IMT maintained that a leap of faith was all match her academic inputs with that she took in the end and has eﬀec ve prac cal exposures, projects never looked back since. A life and research, but also prepared her revolving more around others than for life by impar ng skills that helped herself beckoned her and the feeling her face challenges, master of sa sfac on in being able to use her
Mamta Saikia, Vice President of the Bharthi founda on, recently visited the campus during the Women’s Day Celebra ons on March 8, 2016, where the Sampark team had the opportunity to interact. Contents
15 skills and ability to change a person's or a child's life for the be er has been gra fying to say the least. At the same me, she candidly admits that the weight of responsibility is a heavy one to carry. Juggling through her mul ple roles and maintaining a ght leash given the high stakes involved has always been a c h a l l e n g e fo r M s . S a i k i a . S h e recounted her many visits to India's villages which act as a constant source of inspira on to her. To be able to witness that rare twinkle in a parent's eyes when they see their child working on a computer, underlying a sense of hope for the future, and their corresponding love and gra tude showcased humbly through endless rounds of tea, is what drives her life's as well as that of her Founda on's mission. The love and respect which she gets from everyone is, as she puts it, a bonus. Inspiring others to take up her cause is a duty Ms. Saikia very much likes to carry out. She is one with the changing mes, grossly aware about the involvement of today's youth in social issues in their pursuit to become wellrounded ci zens and professionals who are aware of the social, economic and environmental challenges that lie in their ecosystem. She ﬁrmly believes that greater awareness and sensi za on has translated in greater intent shown by people to contribute, care and stay with everyone. Having herself worked on topical issues of disability, animal rights, women's rights and HIV-AIDS, Ms. Saikia has been impressed with young leaders and their level of understanding, analysis, and generosity in listening to other people's points of view. She even hailed the contribu on of social media forums, men oning how through those pla orms, people have been exposed to real me data, that has acted as a great catalyst in bringing
about change of thought. In order to get the youth to act in a more par cipa ve manner, Ms. Saikia ﬁrmly believes that forums for expressing opinions and mentorship from experienced guides are the need of the Mamta Saikia, is among the “100 Women Achievers of India” as released by the Ministry of Women & h o u r. S h e g a v e Child Development in January 2016 examples of her Founda on's Satya Bhar Schools in rural India, where dis nc on of what is important to us t h e c o m m u n i t y d e v e l o p m e n t and what is not. She expressed that c a m p a i g n s f o r m a n i n t e g r a l the present genera on has unlimited component of the school academic opportuni es to engage themselves in calendar. Under this ini a ve, new and unheard-of professions, midstudents take up social issues career changes, experimenta on or prevalent in their communi es, even year-long breaks to discover sensi ze & educate the communi es themselves. People today, she and act as agents of visible and men ons, need to maintain a balance measurable change for issues as wide- between staying responsible towards r a n g i n g a s c h i l d m a r r i a g e , their family, friends and other life untouchability, acceptability of commitments with that of their widows and drug abuse. A sense of inten on to do what they desire to do. pride overwhelmed her as she talked about these students and men oned “There is no excuse for not how she is constantly inspired by the helping people, if you can. level of responsibility the young Take charge; play a role.” genera on is ready to take up.
“Nothing should stop you from doing what you want to do. There is no limit to how much one can earn; so set your own limit and then simply enjoy your life.” Having carried out impact evalua on studies of many Indian NGOs, Ms. Saikia also laid out the fact that the personalized challenges of social entrepreneurship, might indeed, take a toll on the young leaders. But she complimented that by men oning that no journey in life is simple, with each one requiring diﬀerent skillsets. She stressed upon how our choices act as a deciding factor in making the
Finally, as Ms. Saikia brought her interac on to a close, she le behind a strong message for all IMTians, sta ng that people cannot leave or change their careers overnight. But even a li le good every day will make all the diﬀerence. Li le things like feeding a hungry soul, making a dona on, plan ng a tree, reducing waste and volunteering to work for an NGO or a cause can go a long way in ensuring personal happiness. “There is no excuse for not helping people, if you can. It's me for you to par cipate in the na on building as well as making this world a be er place to live in. Take charge; play a role.” Contents
TIMELINE 15-16 Aug 3
Teacherâ€™s Day Tribute
Oct 9 The Importance of Being Earnest by Oscar Wilde
Nov 21 Marketing World Cup
Dec 18 Communicon
Dec 26 Pasta Nite
Jan 23 TEDxIMTG
IMT Alumni Start-ups
asphyxiate when their cash runs out, proving the adage that cash is king; while the others will be bought out by the larger players at the last minute. Make no mistake: winter is coming, and only the ﬁ est will survive. -Indraneal Balasubramanian Batch of 2013 Manager, Alliances at FINO PayTech Limited
IMT IANS AND
START-UPS Low interest rates in the developed na ons have caused inﬂows of cheap capital in the form of private equity into India which has encouraged the startup to be ﬁnancially imprudent and burn cash at an unprecedented pace. While many start-up in India are growing at an exorbitant pace, they do not have a plan in place to convert revenues into cash ﬂows. The fact that the e-commerce bellwether, Flipkart, is no way near genera ng proﬁts in the near future, despite increase in revenues, has led to its mark down in valua on by several meseroding billions in investor wealth.. The writedowns in valua ons and layoﬀs are inevitable, as many of the smaller players will get acquired or consolidated, with three to four big and eﬃcient players remaining in every business area. Therefore, in the near future, few start-up will succeed and become global brands like Infosys or Airtel. Till then, it is a me of consolida on and exits. -Sourabh Bakshi Batch of 2013 Solu on Advisor, Deloi e Advisory
India is a big market with many challenges such as transparency, a c c o u n t a b i l i t y, e t c . S e r i o u s entrepreneurs are needed, who will form a team with a long-term vision to solve one problem at a me. The bubble is ephemeral. The problems are large and deeply rooted. It will take many years for someone to understand one problem and create solu ons. There may be start-ups with a good vision and who have been working on it for long. They may be unheard of,
because they did not chase valua on, but crea ng value. It's high me, with low risk in a rapidly forming ecosystem. Only teams with the right vision and passion will survive and create strongcompanies with a strong founda on, which will deliver the strong results and make money in the process. It's not a bubble. It is a part of the evolu on of start-ups. In the end, only the best team with the best solu on will survive. -Ashutosh Burnwal Batch of 2012 Founder & CEO, BuddyStudy
The lessons of history teach us that the world of business, ﬁnance & economics is inherently cyclical, alternately experiencing boom and bust phases. Start-ups in India have sprung up le and right in the last few years, funded by cheap liquidity, that is chasing yield and growth in a global economy, characterized by low interest rates and anaemic growth. This euphoria has led to most startups commanding exorbitant valua ons u erly out of sync with ﬁnancial reality, haemorrhaging cash in an ill-advised endeavour to grab market share at any cost. With so many companies in the fray, compe ve pressure makes it diﬃcult for any one player to achieve the scale they desire to be proﬁtable, or avoid irra onal price wars within a segment. The outcome will be determined bythe companies which have the investors w i t h t h e d e e p e s t p o c ke t s , t o withstand a long ba le of a ri on. Many companies will eventually
Too many start-up have emerged in the last two to three years, thanks to a lot of investors who wanted to be a part of this lucra ve mad race and make the most of it. Unfortunately, a lot of them have shut down as well, mostly due to a lack of investor trust for the long term, or a “me too” concept which could not create a USP compared to the established players, with the likes of Peppertap, Taxi For Sure, Zovi, Go Javas, Ask Me Bazaar and many others, surprising the market by total shutdown or takeover and some others such as Zomato, Grofers, Housing.com and others laying oﬀ employees. Most of the start-ups today, are burning huge cash to acquire customers, increase number of transac ons leading to inﬂated valua ons. The other set of start-ups launch themselves with the ul mate goal of ge ng acquired. I believe that the real bubble is “valua ons” and it has started to burst at a rapid pace. Investors have started to grow insecure, and are beginning to a s k a b o u t t h e m o st i m p o r ta nt parameter: proﬁt,for which a lot of start-up only have a long-term vision to share, but no immediate respite. It's about me that start-ups design the right strategy for a proﬁtable model, otherwwise the next two years are going to be disastrous for the startup founders and their employees. -Vishesh Chadha Batch of 2009 Founder , The Learning World
Special Men on
Special Mention Distinguished Alumnus Award Mr. Sunil Kataria (BATCH OF 1990)
Mr Sunil Kataria, Business Head - India & SAARC Countries Godrej Consumer Products Ltd (Batch 1988-1990) felicitated with the 'Dis nguished Alumnus Award' at IMT Ghaziabad Convoca on 2016.
AACSB Accreditation IMT Ghaziabad has joined the group of elite B-schools who are accredited by global accredita on body Associa on of Advanced Collegiate Schools of Business (AACSB) and the alumni have played an important role regarding the same. Notable alumni Ravi Pahuja, Debashis Das, Sujatha V Kumar, Jyo Prakash Sahu, Kalpana Narain, Dev Amritesh and Manoj Kaushik were part of vital interac ons during the AACSB Interna onal Peer Review Mee ng as part of the accredita on of the ins tute. With the help of their guidance and the commitment of the respected faculty coordinators, IMT Ghaziabad has achieved this reward in its 36 years of excellence.
ALUMNI EVENTS ACTIVITIES ON CAMPUS Guest Lecture by Mr. Ashu Tandon (PGDM Batch of 1996) IMT had the pleasure of hos ng a guest lecture by Mr. Ashu Tandon (PGDM Batch of 1996 and Vice President, Global Sales at Quin les) on “Career in Outsourcing”. This session, nd which was held on 2 July 2015, was enjoyed by the students and they derived great learning from it. Batch Reunion The Alumni Rela onship Commi ee organized a reunion of the GMBA and MCA batches on July 28, 2015. The alumni had a great me ge ng to visit their alma mater and meet their batch mates a er a long me. It gave us immense pleasure to see them happy and cheerful. Guest Lecture by Ms. Priyanka Kumar (PGDM-HR Batch of 2007) Ms. Priyanka Kumar (PGDM- HR Batch of 2007) delivered a guest lecture on the 7th of August, 2015 on the topic "Talent Engagement: Business Driver for Success”. The lecture was very well received by the students. Guest Lecture by Mr. Anshul Bagai (PGDM Batch of 1997) Mr. Anshul Bagai (PGDM Batch of 1997 and CEO & MD, Venture Sports Pvt. Ltd.) delivered a guest lecture on "Scope of Entrepreneurship & Marke ng in Sports Industry". The lecture generated immense interest among the students, especially those enthusias c about sports and the sports industry. Guest Lecture by Mr. Sunil Kataria (PGDM Batch of 1990) th The atmosphere at IMT was electric with an cipa on on the 15 of September, 2015 when IMT was honoured to have a guest lecture by Mr. Sunil Kataria (PGDM Batch of 1990 and Business Head – India & SAARC Godrej Consumer Products Ltd.) on the FMCG industry. The lecture was a part of the FMCG symposium on “Possibility Thinking” and saw enthusias c par cipa on by the students. Also, it was a great experience for Mr. Sunil Kataria ge ng to visit his alma mater and revisit his IMT days. All India Alumni Meet – Mumbai Chapter The much an cipated All India Alumni Meet happened in Mumbai at Meluha the Fern, Powai, Mumbai on October 03, 2015. It was a proud moment for the Alumni Rela onship Commi ee to see so many of our alumni, each of whom deﬁnes brand IMT, come together under one roof for the very special event. Workshop by Mr. Deepak Mehra (PGDM Batch of 1991) Mr. Deepak Mehra, Head of Asset Management and Advisory, Commercial Bank of Dubai, and IMTian from the PGDM batch of 1991 conducted a workshop on "Cracking the Corporate Code" at IMT, Ghaziabad on October 08, 2015. This event garnered a huge posi ve reac on from everyone.
All India Alumni Meet – Chennai Chapter The Chennai chapter of the All India Alumni meet was held on October 10, 2015. This event saw enthusias c par cipa on by many alumni who got to meet fellow IMTians a er a long me. The no on of “IMTianForLife” was further strengthened in them a er this meet. Guest Lecture by Ms. Garima Tyagi (PGDBA batch of 2005) On the 17th of October, 2015 Ms. Garima Tyagi (PGDBA Batch of 2005 and Head, Diversity and Inclusion, Verizon Data Services India Pvt Ltd) delivered a talk on "DISTIL - Diversity and Inclusion Shi ing Talent & Innova on Landscape". The Guest Lecture was a part of HR Symposium organized by the Alumni Rela onship Commi ee and was very well received. All India Alumni Meet – Kolkata, Bengaluru and Hyderabad Chapters The Kolkata, Bengaluru and Hyderabad chapters of the All India Alumni meet was held on October 31, 2015. These events saw par cipa on by 100+ enthusias c IMTians reliving the good old days with friends and family. All India Alumni Meet – Delhi Chapter The much awaited Amphi Nights happened in Delhi at The Park, on November 07, 2015. The enthusiasm among the par cipants was electric and the event saw fantas c turnout. Guest Lecture by Mr. S. Sriniwasan (PGDM Batch of 1988) Mr. S. Sriniwasan (PGDM Batch of 1988 and CEO- Realty Funds, Kotak Investment Advisors Limited) delivered a guest lecture at IMT-Ghaziabad on November 23, 2015. The lecture saw enthusias c par cipa on by students – ﬁnance and non-ﬁnance alike. Krish Dhanam Live – Guest Lecture by Mr. Krish Dhanam (PGDM Batch of 1984) th On the 8 of December, 2015, the Alumni Rela onship Commi ee organized a guest lecture by Mr. Krish Dhanam (PGDM Batch of 1984 and CEO and Managing Partner of Skylife Success, Vice President and Co-founder of Krish Dhanam Training, Global Ambassador for the Zig Ziglar Group, Corporate Adjunct with Ravi Zacharias Interna onal Ministries, President of Mala Ministries). This much an cipated event was a great success. The energy in the auditorium and in the en re campus was electric during and a er this event! Guest Lecture by Ms. Mamta Saikia (PGDM Batch of 1991) On March 08, 2016 Ms. Mamta Saikia (PGDM Batch of 1991 and Vice President & Head Development & Alliances, Bhar Founda on) delivered a guest lecture in IMT Ghaziabad. Students were quite enthused by her views on Corporate Social Responsibility and showed keen interest in the ac vi es undertaken by the Bhar Founda on. Batch Address by Ms. Jaba Menon (Batch of 1988) and Mr. Debashis Das (Batch of 1996) The Alumni Rela onship Commi ee invited Ms. Jaba Menon and Mr. Debashis Das to address the batch of 2016-18 on the orienta on day. The students showed immense interest in the experiences shared by Ms. Jaba and Mr. Debashis Das. Guest Lecture by Mr. Amit Banga (PGDM Batch of 1992) On August 25, 2016, Mr. Amit Banga (PGDM Batch 1992 and CEO, S.B Packagings Ltd) visited the IMT Ghaziabad campus to deliver a guest lecture on ‘Entrepreneurship and Financial Opportuni es’. It was an informa ve and eye opening session for the students as Mr. Banga spoke about the challenges in business in the real world. Guest Lecture by Dr. Vivek Sah (PGDM Batch of 2002) Dr. Vivek Sah (PGDM Batch of 2002 and Associate Professor, School of Business Administra on, University of San Diego) delivered a guest lecture on ‘Dare to Dream’ and spoke about the career opportuni es in the Real Estate sector and the pursual of dreams in academia. The students found the session very insigh ul about real estate and academia. Contents
Silver Jubilee Reunion
SILVER JUBILEE REUNION BATCH OF 1990
Thanks for bringing us together. It was a memorable evening and the organisation was fantastic. Meeting after so many years
- Vikas Gupta
Ustaad and Pahuja, you guys were outstanding and brought us together again. Thanks a lot!
- Yogesh Malhotra
Had a great time! Sad that many missed this event. Renewed many friendships over these two days! Thanks again Ravi Pahuja and Ustaad! Just checked in for the long ight home. Cheers, and a very happy new year! - Phani Tej Adidam
Denetly a big thanks to Ravi Pahuja and Ashu and the ALCOM students who stayed up the whole night as well as till morning – just so awesome! - Sunil Kataria
REUNION Revisit the good old times Like branches on a tree, our lives may grow in different directions, yet our roots remain the same. Come and spend a day at your own IMT.
Save the Dates
Venue: IMT, Ghaziabad
YEARS BA 1 TCH OF 200
BA YEARS 06 TCH OF 20
DEC 17 2016
BA TCH OF 1991
DEC 24 2016 SATURDAY
BA TCH OF 1996
S.P.O.T.L.I.G.H.T L'Oréal Brandstorm Meet the victors of Na onal ﬁnals of L'Oréal Brandstorm our very own IMTians In the ul mate business compe
that brings together brainstorming and implemen ng ideas on L'Oréal's real life challenges, bea ng 700 teams from 21 B-schools, our IMTitans have emerged as the Na onal winners and went on to represent India in its Interna onal leg in Dewas Agarwal, Aanchal Rawal and Gaurav Malhan at L'Oréal Brandstorm
Paris, compe ng against 44 countries.
RB Mavericks Nandish Malhotra, Dwaipayan Dey & Jyotsna Lal,are second year students of IMT and members of Team ND. They became the Na onal Runners-up in the 10th edi on of RB Maverick Case Challenge, winning a cash prize of 5lac rupees. RBMavericks is a na onal level compe
on where teams from top B-
schools compete against each other on a live case study. Dwaipayan Dey, Jyotsna Lal and Nandish Malhotra members of Team ND as part of RB Mavericks Challenge,
S.P.O.T.L.I.G.H.T Deloitte Maverick Once again, IMTians proved their me le in yet another version of Deloi eâ€™s Campus Maverick by becoming the Na onal Runners-up in the popular case compe on.
Sana Grover, Naman Midhi and Anisha Ahuja from Team Incredible, runners up at Deloi e Maverick
IMT also had the honour of hos ng Deloi e on campus for the north regional round of Maverick, in which more than 130 leading business schools par cipate across India. Catch the coverage of the event through hastags #Deloi eAtIMT and #CampusMaverick
TEDx This year, the Media Rela ons and Ranking Commi ee (IMTeam Prism) brought to IMT, Ghaziabad, the independantly organized TED event, TEDxIMTGhaziabad. The eminent list of speakers included Aniruddha Mahale, Anuranjita Kumar, Dr. Shan
Auluck, Sonam Kalra and
Suvarna Mandal who delivered on the interes ng theme Beau ful Chaos, and raised expeca ons for more in the years to come.
Anuranjita Kumar, giving a talk on how our choices shape our lives, especially as a woman high up on the corporate ladder, at TEDxIMTGhaziabad.
CAMPUS BUZZ PASSION
T h e I M Tr e e “Every New Beginning Comes From Another Beginning’s End” The Whomping Willow stood tall for years.. For safety and protec on from pests, the ground was made clear.. But remember a er every old king gets fragile and down.. We grow the plant of THE NEW BEGINNING and the prince gets the crown..
The Next Step Forward
The Next Step Forward IMT Alumni Associa on is an independent body with no access to the fund raised by the Ins tute. For all the ac vi es that it undertakes, the associa on requires funds and support from the alumni. All ﬁnancial transac ons are completely transparent to all and presented for audit by all Batch Champions at every Batch Champions mee ng. Further, since the IMT Alumni Associa on is registered under the Welfare Society Act 1956 of the Government of India – no individual can u lise the funds for any personal ma ers. The 80G Registra on under the Income Tax Act also ensure IT exemp ons to all the contribu ons made to the fund. Contribu ons from the Alumni community will help the IMT Alumni Associa on serve as an important voice and advocate for alumni as the Ins tute establishes a strategic plan for the next genera on. The Associa on provides a robust and important variety of services and beneﬁts to alumni, students and the UVA community, including the following:
Reunions allow alumni to connect with classmates, for batches comple ng 10,15,20 and 25 years of IMT
Conducted annually, through 6 chapters, AIAMs connect the alumni all across India for a very special evening
Annual collabora on with Director, Faculty and Alumni, to showcase IMT’s success to the industry
To reap the large Alumni Network of IMT , incubate business ideas from students and to give end to end solu on.
ALL INDIA ALUMNI MEET
Project aimed at providing housing at 3040% lower than market rate to Alumni at Goa, a favourite des na on for IMTians
Digital comprises of enterprise apps such as the new IMT alumni website and mobile app for the Alumni to stay updated
Newsle er designed for the alumni to keep them informed of the happenings in the associa on and their alma mater
Feedback We value our audience. We are open to your constructive feedback and suggestions. Navigate here and feel free to drop us your thoughts for introspection.
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Connect. Engage. Co-create
The Connect that Matters Volume 9 Issue 1