Reflexionssep2012

September 2012

ISSUE 1

Refl-EX-ions IMT Ghaziabad

Dean’s Message‌.

Dear Readers,

This is a great initiative from our Executive PGDM batch of 2012-13. The world over, executive MBA programs have become very successful at giving a new direction to mid-career executives. So it is with IMT's executive PGDM. It comprises a set of experienced executives from diverse verticals and functions.

But they are all united by a desire to excel in the corporate world.

Here is wishing great academic success to each one of you, followed by an achievement of your career goals. Please spend your time here fruitfully, and add a feather in the cap of IMT with your achievements. An eventful year awaits you at IMT Ghaziabad.

With best wishes, Rajendra Nargundkar Senior Dean-Academics

From the team reflEXions’ Desk .….

“Yesterday is gone, tomorrow has not yet come. We have only today. Let us begin" ….. Mother Teresa

We welcome you all on the first edition of IMT Executive Bulletin reflEXions.

It’s with pleasure we share the Intellectual Property of the PGDM- Executive batch of IMT Ghaziabad gathered in the last one month. The journey goes as follows …

One month has passed and all of us have adapted to the IMT family. Entering the class rooms after five to fourteen years of professional life, it has been really challenging to be in a student’s shoes again. We had fourteen exams in just one month, but then it’s been rightly said “When the going gets tough, the tough gets going”. It’s not just exams and case studies but also lots of fun with parties, birthday celebrations and extracurricular activities.

In spite of a hectic schedule, we formed three committees (Cultural, Sports, ALCOM) with a few more in the pipeline.

Team reflEXions

PGDM (Executive) 12-13 Batch Detail Class Composition Batch size Average age Average work experience Students with international experience

Age (In years)

Work Experience (In years)

Industry Profile

Functional Experience

63 29 7.5 12

Orientation Day‌.

The orientation program for the executive batch 2012-13 was held on 22nd August 2012 to welcome the new batch and acquaint them with the crux of the program and set the expectations for the next 15 months at IMT campus .The program was chaired by Dr. Sita Mishra in presence of esteem faculty members Prof. Ajay Singh and Prof. Subhajit Bhattacharya. Chief Guest for the day was Mr. Prasoon Chauhan, Sr. Vice-president, Yes Bank who is an alumnus of PGDM-Exec 2005 batch.

Dr. Sita Mishra presented the welcome note followed by a brief introduction of the batch in terms of profile and diversity in work experience. There after Mr. Prasoon went down memory lane to share the time he had spent in IMT campus. He also shared his experience with the incoming batch on how the executive program provided the much needed direction to his career.

Rest of the day involved presentations by various committees and functions at IMT. This included CCMRC, Placecom, CRICKET, IT Team, Library etc. The day ended with Alumni sessions with Mr. Parikshit Ranjan Java, AGM (Marketing) Walter Bushnell and Mr. Subimal K Sarmah, GM & Regional Manager (Sales& Marketing), M/s VISA Steel Ltd. The sessions were more of an informal and friendly interaction. By end of day everyone was full of enthusiasm and was looking forward for an eventful year ahead. .

Finance Symposium Finvest-12 was the first among many symposiums to be organized by the PGDM executive batch. It started with lighting of the lamp by the first guest speaker, Mr. G S Sharma, GM (Finance) from BHEL escorted by the chairperson, Dr. Rashmi Aggarwal.

Mr. Sharma gave us invaluable insights on “Foreign trade policy" covering some important aspects of tax structure, general industry practices and various promotional measures.

This was followed by a talk on "Corporate Finance" by Mr. Sunil Aggarwal, AVP (Finance) from Steria India. He spoke about various branches of corporate finance and the importance of incorporating operational goals of a firm into its financial goals.

The last speaker for the day was Mr. Gaurav Chaturvedi, VP (Business Resources) from Claas India Pvt. Ltd. He threw light on the importance, formulation and analysis of "budget" in an organization. He also talked about the requisites of budgeting, types of budgets, and various budgetary controls.

The finance symposium team, headed by Vivek Kumar, worked tirelessly to make this event a huge success.

Brain Teasers…..

Identify the brand by its “logo” Did you know?

Denmark, Norway and Sweden are called the Scandinavian countries!!

Parle-G is the largest selling brand of biscuits in the world!!

India has the largest postal network in the world with around 1, 55,618 post offices throughout.

The most expensive item sold on eBay to date is a private business jet for $4.9 million Kenyan Edwin Kipeyego won the Airtel Delhi Half Marathon held on 30th September 2012

Watch out for solutions in next issue!

Life at a glance

We would love to hear your suggestions or feedback. Reach us at reflexions.imt@gmail.com