Tag Archive: Best MBA College in Pune


photoChoosing the right specialization for your management program is as important as picking the right B School. While the Marketing domain is widely discusses, the Finance sector is still considered to be a niche. It’s ironic that the stream that has consistently offered exciting and high profile career opportunities for management aspirants is believed to be a field only for those who like to crunch numbers. That’s why we have Prof. Gita, KIAMS shedding light on career prospects and dispelling some of the myths surrounding the field.

Prof. Gita is a Asst. Professor at the B School and has 12 years of experience as an academic, having worked with several reputable educational institutes in the country. Her expertise in Finance is evident from her sterling record, and today she shares her experience with the students at KIAMS. As we begin talking about Derivatives in the market, she says, “In the initial days of derivative trading, Commodity Derivatives were popular. However, things have changed now and Options, Futures, Forwards, and Swaps have gained in prominence as well.”

According to Prof. Gita, derivatives should be chosen based on the objective of the investment. That’s something not only investors need to know, but also those who want to work as professionals in the field of derivatives. She delves deeper into the responsibilities for future aspirants, saying, “They are quite similar to that of Equity Researcher or Portfolio Manager. You’d have to carry out an in-depth analysis of the underlying asset and the performance of the Derivative. The goal is to help the investor make a smart investment choice.”

But at the end of the day, aspirants are keen on knowing their career prospects and future opportunities. Prof. Gita leads them in the right direction as far as Finance Derivatives are concerned: “At National Stock exchange alone, the Average Daily Trading of Futures & Options was around 120055.59 Cr in the year 2013-14. That kind of voluminous trading in itself should tell you about the lucrative and challenging careers in the field. Financial services sector and institutions under it have several opportunities for derivatives professionals.”

In fact, Prof. Gita believes that the entire Finance sector is buzzing with exciting options for professionals of today and tomorrow. According to her, Finance goes beyond just number crunching and is, in fact, integral to every business. “Every business needs cash flow and when money comes into the picture, you need professionals who know the basics of finance for decision making,” she explains. “Financial Analyst, Equity research, Financial Controller, Treasurer, Risk Management Professional, Fund Manager – there are several rewarding careers ahead of you.”

Her institute is also doing its best to prepare its students for careers in Finance Derivatives. It has offered them different electives, which Prof. Gita believes can be very useful for interested students. “Futures & Options Basic Course and Futures & Options Advanced course have been specially created to offer students an insight into the field, she says. “That coupled with the understanding of spreadsheet calculations can help students gain knowledge of Finance derivatives to build a flourishing career in them.” Obviously, Prof. Madhuri is positive and enthusiastic about the field of Finance. And, she shares this enthusiasm with her students who look to her as a mentor as they work towards their professional goals.

Advertisements

DSC_0210It was her interest in the business side of things that brought Shweta Shivhare to KIAMS to pursue the much talked about PGDM program. She admits that it was the reputation of the institute that helped her make the all-important decision, and feels that she has benefited immensely from the education she has received while studying at KIAMS. And things are just about to go a notch higher with her Summer Internship Program with Kirloskar Pneumatics Company Limited. SIPs are a crucial part of learning for management students and Shweta is geared up for its challenges.

She will be working as a Finance Intern with the renowned firm and will have to monitor the latest changes in tax policy, while keeping tabs on the company’s indirect tax profile. Shweta looks at her SIP as a huge opportunity to learn and discusses the importance of SIPs, saying, “It gives you a good idea about work culture in a professional organization. It is all about practical learning where you know how to apply the concepts you learned in class into practical life. It’s a great exposure to the corporate world.”

So what does Shweta expect to learn during her SIP and what are her thoughts on the work environment she will be in? “I am so excited to be working with a company like Kirloskar Pneumatics where I expect to find a progressive work environment,” she says enthusiastically. “I am looking forward to absorbing the work culture as I know it will prepare me for the professional challenges ahead. I think I am also going to relish the challenges I will face in my day-to-day work life because I look at them as opportunities to prove myself.” The reason Shweta feels up to the task ahead of her is because KIAMS has prepared her well for her SIP. In fact, she believes that every learning experience at the institute is geared towards creating industry-ready professionals. “Everything about the internship, right from the fact that it was in a place I didn’t know anyone in, was a big experience for me,” she says, with an air of optimism. “There is so much I have learned in the classroom, in addition to the practical training and different initiatives at the institute. Together, with this SIP experience I hope it will turn me into a well-rounded professional.”

Shajeer KIAMS“I have completed my PGDM and KIAMS has created a brilliant platform for my professional journey. So I should really be feeling over the moon, but it’s a bit gloomy and sad here because I will be saying goodbye to the campus, friends and faculty members who became my family,” says Shajeer, student of the 2015 Batch, who has been placed as a Management Trainee with CRISIL in Mumbai. He believes that his institute has paved the way for him and taught him life skills that will hold him in good stead in the future.

However, Shajeer is filled with nostalgia as he looks back on his two-year journey with the institute so far. While at the Harihar campus of the institute, Shajeer admits that every day of his academic life was filled with happy moments that he will cherish for a long time. He particularly recalls a presentation he made for his strategic marketing management class that won appreciation from his professor. According to Shajeer, moments like these instilled confidence in him and prepared him for the challenges ahead.

If you ask the Kerala boy Shajeer about the changes he has seen in himself in the last two years, he is quick to reply: “Oh, my entire world view has changed. A college of this stature gives you several opportunities to learn, gain insight and exposure. It’s definitely a student-driven college where everyone is working towards your betterment. But at the same time, you have to be on your toes and give it your best shot. It will help you manage things better and gain the skills that are imparted through novel teaching methods.”

Overall, he agrees that KIAMS has moulded him into a manager with a bright future ahead of him, and his placement as a Management Trainee with CRISIL is the first step in the right direction. Shajeer claims that he is geared up for the challenges and is ready to make his mark. “My stint at KIAMS has definitely prepared me for the job and things I will have to do there. My college offered me a solid background in equity research, which I will focus on at my work place,” says the driven and budding professional.

Although he is on the cusp of an exciting new journey, Shajeer reminisces about the fun moments at KIAMS, including those when the classmates had given each other nicknames that still stand today. He is grateful for these precious moments, along with the huge learning experience he has had. So, it’s not surprising that he asks his juniors to “make the most of every moment you get here. It’s a wonderful place, with both Harihar and Pune campuses being stunning. Utilize all the opportunities you get to your advantage.” As his placement shows, Shajeer is one to listen to, and his concluding words show that there is much to learn at KIAMS, both in and out of the classroom.

Director-puneDr. Janaki Naik, an academician with 22 years of work experience has complete clarity and belief that a course may be called well designed only if it improves the employability of a student. She says, “Academia should get inputs from the corporate world, before a course is designed to ensure that the industry get young professionals who can hit the ground running”.

Explaining the process of designing a world-class course she says that KIAMS keeps two major stakeholders at the centre of course design – the students and the recruiters. The course, thus is designed for the market at large and the sector orientation is built in through elective choices. The students have a wide choice as the course is multidisciplinary in nature i.e., a student is free to choose electives across streams to equip himself/herself for a career of his/her choice. This is the USP of the course at KIAMS and one can also do general management if one chooses to, without specializing in any area.

The system builds competencies that the recruiters find a fine combination of subjects which they may not generally find in other candidates. For instance a student from KIAMS may have a dual specialization in HR & Finance, or Operations and Finance/HR. “A wisely designed course”, she states, “Is one which gives a student freedom to choose a career and get formal education for the same, which is generally not possible in our education system.”

A course is designed to cater to the length and breadth of the competency basket required. The first years caters to the spread and the second to the depth. KIAMS draws on Bloom’s Taxonomy to create the right spread and depth. The PGDM Curriculum comprises of   sub-systems which are the functional and integrative subject areas of Management. Each course has its own ‘Objectives’ and ‘Learning Outcomes’, which have to be aligned with the PGDM curriculum objectives and learning outcomes. The learning outcomes are in the personal, professional and social domains and the objective of the program is providing professionally trained manpower for industry to manage the functional system for current and future performance levels and providing community and society a member who is aware of his societal responsibilities while engaging in professional activities and who holds the two simultaneously.

The course development at KIAMS maps to the global perspective of management and enables development of new age skills of Strategic thinking, Creative problem-solving, Leadership skills and Communication skills. She believes that faculty evolves with the course and the faculty’s personality coupled with the course content can help young management aspirants succeed in the increasingly competitive world.

CNN Final“In KIAMS vision of ‘Excellence’, my focus is primarily to build the academic rigor to give KIAMS students the skills needed to succeed in the competitive world and to reach the pinnacle of success”, says Dr. C.N. Narayana, Director KIAMS, who has recently joined the institute. He was sharing his understanding of the vision of KIAMS is to provide society a center of learning that excels in Management Education, Research, Training and Consultancy. His efforts are directed towards encouraging the faculty members to bring more output on research and publications. “Training and Consulting will automatically follow once we excel in Education and Research”, he adds. KIAMS has the Centre for Executive Education, which is clearly focusing on Executive Education.

KIAMS, Director, Dr. C.N. Narayana believes KIAMS offer an edge over other institutes: “With KIAMS, students have the option of choosing minor electives like Marketing, Operations or even Finance, along with the major electives. This gives them a better opportunity to succeed at the time of placements”. KIAMS also has a unique Industrial Study method, wherein the students are expected to look into the excellence model of specific organizations under the framework of CII and they are encouraged to learn how ratings are done in manufacturing and other industries. In addition to this, it has an 8-week summer Internship across various industry sectors. This gives every student a deep understanding of how various industries work on a day-to-day basis before they begin working toward final placements. KIAMS continually upgrades its curriculum to meet the industry norms. Beginning in the next academic year, the institute is migrating to a semester system and a 4-month LIP (Long Internship program), which will further strengthen opportunities for both the corporate and student community as a whole. These changes have been implemented with industry inputs to make them more relevant.

Dr. C.N. Narayana shares his opinion on PGDM, saying that the program has a stronger focus on industry and student needs, vis-à-vis MBA programs. It has a highly dynamic curriculum focused on industry inputs. PGDM also includes better evaluation methods, case-study teaching and application focused delivery. These Diplomas are recognized by AICTE and commands better acceptance in the corporate world and amongst the student community, as the education and placements are better, too. He believes PGDM has and will continue to have its edge over university offered MBAs.

Work opportunities are growing today with the economic growth of the country. Employability, however, is a function of a student’s performance. Explaining the grading system at KIAMS, Dr. Narayana said that in Management Education, especially in PGDM institutions, both relative grading and CGPA is widely used. KIAMS uses a CGPA out of 4 for every subject. A+ denotes 4 grade points, A denotes 3.75, B+ is 3.25, B is 3 grade points, and C is 2 grade points. Finally, a D is 1 grade point and an F is 0 grade points. According to Dr. Narayana, this shift in grading makes sense: “ This is undoubtedly better than the 35 percent pass marks of the university grading system. The evaluation criteria is different – if you look at passing, which is equivalent to a “D”, this will be more than 45 total marks. CGPA indicates better educational performance in terms of quality. But from the organizational perspective for the recruitment of quality students, it is just the first filtering criteria.” In addition to CGPA, employers also look at aptitude and attitude when making recruitment decisions. Dr. C.N. Narayana is looking forward to leading the institute towards excellence and meeting the challenges of the dynamic world of business. “KIAMS strongly believes in shaping future leaders with holistic development apart from building budding managers. KIAMS has a consistent record of placement and has an edge over others in terms of corporate relations with the backing of Kirloskar Group.” These words, coming from an evidently sure leader and visionary, set the stage for a new way of looking at education in the 21st century.

pragati15

Pragati is the annual event organized by Kirloskar Institute of Advanced Management Studies (KIAMS). This year the event was held on the 15th of February. Pragati has evolved and taken many forms over the years. It began as a rural marketing fair and has transformed into a social outreach event. This year, Pragati was organized as a sports and cultural event for schools in the vicinity of KIAMS.

Students from fourth to tenth grade participated in various activities organized by management students. Events like Pragati help students learn organizing and management skills, with a focus on planning and executing. Each event was planned thoroughly, and details like rules, responsibility matrix etc., were built into process documents perfecto ensure a smooth execution. The organizing committee of students had several teams, including Cultural, Sports, HR, Crisis Management, Prize Distribution, Certificates, and Media. Each team was responsible for a section of the event; overall, the credit for the event’s success goes to the entire organizing committee.

pragati15aThe day began at 9:15 am in the morning with several sporting events, including relay races, sprints, sack races, and badminton. The final sporting event rounds and the fancy dress competition were completed on schedule just before lunch.

The afternoon session began with a singing and rangoli competition. Between 2 and 4, cultural competitions were organized. For the primary section, there was a fancy dress and a dance competition; for the secondary classes, there were song and dance competitions. The students gave breathtaking performances, which the judges all praised. The results were announced at the valedictory ceremony held from 4pm to 5 pm.

Pragati 2015 was a resounding success, and both the young students and KIAMS students not only enjoyed the day but also learned a lot. The most important learning experience, according to Kirti, was “the coordination amidst KIAMS students who prepared for Pragati for months and, in the end, delivered to expectations”.

DSC_0172“My professional journey has been a rollercoaster ride, but my days at KIAMS prepared me for it,” says Mr. Bharat Bagaria, who made the transition from a student hoping to be recruited in a top firm to being a recruitment manager himself. He owns a venture called Ratan Dialectrics and handles several responsibilities as an entrepreneur. He looks back on his journey from KIAMS to being a successful entrepreneur, and shares his valuable experiences.

“I joined the corporate world with a lot of dreams and expectations,” he says. “I got a campus placement with People Consulting, and I stayed with the company for about six months. I then moved on to ABC and Foundation Systems.” Clearly, his career is remarkable for the amazing ease with which he has weaved his way through different industries.

Talking about his entrepreneurial venture, which was a dream come true, Mr. Bagaria says, “Being in the recruitment world, revenue generation is important. You have to constantly meet deadlines and be able to interact with different kinds of people on a regular basis.” He believes that his stint at KIAMS prepared him for most of these responsibilities, especially when it came to interacting with people from different socio-economic and geographical backgrounds.

Mr. Bagaria believes that running your own business is a tightrope walk. And, expectations are high when you have to deal with 20 stakeholders who are also your direct customers. He shares his advice for managing his life and work, stating, “It’s important to know when and how to say ‘No’. I make it a point to not bring work home because your personal life is as important as your professional one. And there can be no compromises on that front.”

Given that he works in the recruitment industry, Mr. Bagaria is the best person to talk to concerning what he looks for in future professionals. Does he find any quality missing in the graduates of today? He thinks carefully and says, “Today’s generation is more street smart than we were. Students are choosier and think about money and job profile, while for my generation it was only about starting our careers. I think students need to drop these stringent criteria while looking for a job. Be more flexible. There are several options in the corporate world.”

Mr. Bagaria remembers that he benefited a great deal from the learning experience he had at KIAMS and now he is willing to offer his insight into the industry to others. “I have had many ups and downs in my career and I could cope with them because of my learning at KIAMS,” he says. “We were taught life skills, which can see you through any tricky situation. And that’s what I would like to tell the students; Time to work hard is gone, it’s time to work smart.”

Since he values the contribution KIAMS has had in his life and career, it’s only natural that he maintains a bond with the institute today. Mr. Bagaria says that he is in touch with his classmates and also visited the campus in Harihar last year. He likes reliving the memories of his student days, and he shares one of them. “It was our seniors’ farewell and they were given a sugarcane and green chilly to eat. It was a lot of fun,” he laughs. The memory in itself describes well how students like him were prepared for bittersweet experiences to come.

The 2013 Placement Report of KIAMS has been released by IPRS, an initiative by IIM-A.

The hallmarks of KIAMS PGDM are Academic Excellence delivered on a bedrock of Values and Transparency. We sincerely believe Transparency equals Credibility!

In line with the same, KIAMS is a Founding Member, along with 20 other Management Schools, of the Indian Placement Reporting Standards (IPRS). Initiated by IIM Ahmedabad, we found that the proposed IPRS echoed what we had always believed and practiced, without formalizing. Hence it was a seamless movement for us to be a founding member.

Briefly, the IPRS adopts a standard format for objectivity and uniformity in reporting Recruitment data. Honesty in furnishing the data can be useful for understanding and decision making for varied stakeholders – prospective students, industry, media amongst others. Auditing the report is mandatory.

As a part of the IPRS body, KIAMS does its best by reporting minimum, maximum, mean and median of the fixed base salary besides cash components for different sectors, locations and functions. Thus the final evaluation turns out to be a rather comprehensive one and a good indicator of a B School’s placement record in a particular year. The report also redefines CTC salary to Maximum Earning Potential that includes long-term and performance-linked variable pay. Thus you get figures directly related to students rather than the company. Once the placements are done, B Schools that are a part of the IPRS initiative release the audited placement report in the required format, which maintains uniformity in the reports.

The IPRS report also takes into account Summer Internship Placements and divides them into those arranged by the B Schools and students themselves. By being a part of the initiative, KIAMS has shown its willingness to maintain transparency in this important process for students’ future.

To read the 2012-2013 IPRS certified report of KIAMS, visit:   http://www.iimahd.ernet.in/iprs/download.php

http://www.iimahd.ernet.in/iprs/gallery/PGDM_KIAMS_2013.pdf

To read more about KIAMS’s placement, visit:

http://www.kiams.ac.in/recruiters.php