Tag Archive: Kirloskar groups


5As a BBA graduate, Megha Dey could have opted for an MBA to further her career prospects. But she chose to do her PGDM because she believed that the curriculum would make her industry ready. After spending two years at KIAMS, an institute she had heard a lot about, she agrees that she made the best decision. She has now been placed in a facility management role with Quess Corp Avon, which is a subsidy of the global giant IKEA. Here she shares the journey of her transformation from a hopeful student to a confident management professional.

When asked to put her journey with KIAMS in words, Megha counts many positives. According to her things that seemed difficult and intense when doing them were also a huge learning experience in hindsight. “The rigorous presentations were definitely tough but they were totally worth it at the end of the day. I have learned so much about team effort besides gaining theoretical and practical knowledge. While the job I have bagged is the perfect entry in the corporate world for me, the knowledge I have gained during my time here will last me a lifetime,” she says.

In her new role as a professional with the company Megha will be responsible for meeting clients and discussing various facilities offered. She will also have to strive to boost the sales of the company. She is keen to prove her mettle by delivering on these tasks, just like she managed to impress during the placement interview. On what went right in the interview, she says “I had gathered fair bit of knowledge about the company, which is why I could talk about different scenarios and offer them the best solutions. I also relied on my SIP experience with Bank of Baroda (Kolkata) to come up with relevant answers during the interview.”

Megha mentions the IRP sessions at KIAMS as the main preparation for placement because not only did they improve her communication skills but they also helped her answer situational questions, which were the crux of her interview. Above all her confidence gained during the PGDM years showed clearly. That’s her advice to her juniors at the institute as well. “Be confident and everything will fall into place. Pay attention to classroom learning and projects because that will prepare you well. But also make the most of your time on the campus and with friends because it won’t come back,” she ends on an emotional note.

4Abhijit Das, student of PGDM Batch 17 at KIAMS believes that his placement as a Management Trainee with Pathfinder Publishing Pvt. Ltd (the company that runs careers360.com) is a big deal not only because of the reputation of the company but the fact that it is the perfect culmination of his academic tenure. The going has been tough for him as he lost his father during the first year of PGDM. But that only pushed him to excel in his studies and focus on the placement process. He admits that with the help of his faculty team and friends at the institute he has managed to get the final outcome he was hoping for.

Reflecting on his two years at KIAMS, he says “The placement with such a prestigious firm was the icing on the cake. My mother, who is a housewife, was extremely supportive during these two years. The placement has made our dream come true. But at the same time I feel the knowledge and confidence I have gained at the institute will help me in the long run. It certainly helped me crack the all important placement interview.” He goes on to add that all the assignments and activities he was a part of during his program helped him learn in the best possible way. That coupled with the confidence he had gained enabled him to impress his recruiters.

After completing his graduation in engineering, Abhijit was working in the construction field but soon enough realized that he needed to boost his competencies to build his career prospects. That’s why he chose to do his PGDM from KIAMS and believes that it’s a decision that has held him in good stead. “I would like to specifically mention the contribution of our faculty members in molding us as future professionals. They were always available to clear our doubts, point out mistakes and help us rectify them in a constructive manner. I believe this relationship goes beyond placements and will be with me for the rest of my life,” he states.

According to Abhijit, every day spent at the institute was a stepping stone towards his future career. The Summer Internship he did at Tata Steel helped him put the concepts he had learned into context and that’s how he made his mark during the placement interview. He is now at the cusp of an exciting journey ahead. “KIAMS has been a new life experience for me and it has prepared me for challenges in my career. Managing product life cycle, Project development and management, Planning, Scheduling, Co-ordination with different teams, Product testing, Market Research and analysis will be some of my job responsibilities and I feel up to the task,” he adds confidently.

Ask him about the aspects of his life at the institute that he is going to miss and Abhijit mentions different celebrations, the time spent with his friends and the campus itself. He holds those memories close to his heart and is going to cherish them for a long time to come. He also has valuable advice for his juniors at the institute. “You should follow your dreams and identify your area of interest. Whatever domain you choose; be it Product Management or Operations, you will find a lot of scope in it if you have in-depth knowledge of the subject. Try to build on your learning and the sky is the limit,” he says all ready to spread his own wings.

After karen-saldanha-250-225x300completing her graduation in Oman, where her parents both work as corporate professionals, Karen Saldanha decided to come to India to pursue higher education. She was keen to pursue a career in management and believes that KIAMS has helped her in a big way, borne out by her placement with HDFC Bank.

Karen admits that it took her a while to get over the initial shock of being chosen as a Relationship Manager by HDFC Bank because there were several other right candidates for the job. She also thought her interview wasn’t going too well but managed to turn things around for herself. “Initially it was going all wrong and I think I gave some wrong answers. At one point they even gave me a chance to learn the correct answer for one of the questions. I came back having prepared for more than that, which might have impressed them,” she says with a smile.

She also talks about the efforts taken by her institute to prepare her for the placement process. According to Karen the courses in GD, interviews and business communications groomed students and instilled confidence in them. “Besides that the modules where we were taught what the industry expects of us were very helpful. They had included courses on Customer Insight, Digital Marketing, Strategic Management, International Business, Brand Management, Consumer Behaviour etc and they helped us tremendously,” she adds.

Karen also points out that though she had got placed in her very first attempt she chose to not accept the offer as she wanted to make a bright start to her corporate career. She expects it to happen with a big name like HDFC where her job responsibilities will include, “Meeting clients and addressing their problems, ensuring cross selling of banking products and overall maintaining good relationships with them. I did my internship with Reliance Retail, Chennai and believe that experience will come handy in my job,” she asserts.

While Karen is on cloud nine at the moment, she also feels a hint of sadness knowing that she won’t be spending time on campus with friends. She states that one major advantage of a residential PGDM program is that you make friends for life. Ask her if she has any advice for juniors and she says, “Take efforts to match industry’s needs of skills and knowledge, pay attention to classes and do your assignments diligently. The secret to my good grades is 100% attendance. You might also want to create a LinkedIn profile because networking is the key.” Speaking like a true professional, she already is.

SecretThe four V’s of big data – volume, variety, velocity and veracity–were the focus of a discussion during the Analytics lecture held on 16th August, 2014 in the KIAMS auditorium. The guest lecturer was Mr. Shiva Gopalakrishnan, DWH Consultant, SPAR Solutions LLC. Mr. Gopalakrishnan began his talk with the basics, taking the audience through simple questions like “what is analytics” before moving on to more complex concepts like the Domino Effect and Linchpin Theory.

Emphasizing the importance of analytics and its development as a science, he said, “Even a housewife is an analyst in her day-to-day life, figuring out how to run the household. However, to be a professional analyst, one has to learn the science behind it.” He said that 80 percent of people in the industry need professional analysts to interpret and clarify data for them.

Secret2Mr. Gopalakrishnan also spoke about industry trends for credit cards, telecom, retail and banking, and discussed technology trends like SAS, SPSS, Excel, and Rapid Miner. His discourse went on to cover important aspects of analytics, including assumptions, data quality, data veracity and hypothesis. There was also a detailed discussion on two types of analytics: descriptive and predictive.

The floor was finally opened to questions and there was a flurry of interaction to resolve queries and doubts. He addressed several questions including those related to Pattern Finding-Outliers. The session was a resounding success with the students looking forward to several such interactions in the future.

– Media Relations Club (MRC), KIAMS

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It was a homecoming for alumni from various batches at KIAMS who came together for the 2014 instalment of Samanvay. The much anticipated alumni meet was organized to perfection by the institute that wanted to leave no stone unturned to ensure that its past students received a warm welcome to their second home. And they showed up in large numbers, further strengthening their bond with the institute. It thus turned out to be a day to remember for a long time to come.

Student alumni representatives at the institute had worked hard to ensure that KIAMS’ glittering ambassadors from different parts of the world could make it for the event. And of course they did, as the campus was buzzing with excitement since morning. Alumni from different batches were seen mingling as they took a walk down the memory lane and relived their happy moments on the campus. The campus itself wore a festive look, being decorated with flowers and balloons to add to the ambiance.

Samanvay 2014 officially began with the traditional lighting of the lamp. The venue was packed with alumni who greeted Dr. Janaki Nayak, Dr. Gopal Iyengar and the faculty members warmly. These past students are the flag bearers for the institute and representation of its vision for management excellence. Today, they had come back having made a mark for themselves in different industry sectors and making their institute proud. They also had valuable experiences to share with today’s students, who found them enriching.

The experience-sharing exercise had only whetted the appetite of students who were in for a treat as the session broke for lunch. Over delectable dishes, students were seen having delicate discussions with the alumni on various subjects. They wanted to know more about everything; from planning their careers to placement strategies and insights into the real corporate world. The affable alumni not only answered all their queries but made them feel comfortable with a distinctly friendly vibe that spread warmth all around.

Cultural programs ruled the afternoon session of Samanvay 2014 as things got underway with a duet from the students of the B17 batch. From dance performances to comedy skits and mimicry, there were several acts that filled the venue with laughter. A Hindi poem about college days was then recited and it instantly managed to strike a chord with all present. Some of the alumni also took to stage and impressed the gathering with their vocal skills, which were on full display.

The session ended with alumni being given mementos to remember the day by. Thanks giving speech followed before refreshments were served for all. Suitably “refreshed” everyone then took part in activities like treasure hunt that led to a lot of fun. Students, past and present, were clubbed into different teams, and it offered them another opportunity to break the ice and bond with the rest. These playful activities were a nice way to ensure that today’s students learned a lot from their seniors and connected with them.

By the end of the night, all the barriers between students past and present had vanished, as they sat next to each other at dinner. In fact, so heartening was the camaraderie that you could see alumni sharing some of their trade secrets with the young students. Samanvay 2014 came to a close with the DJ playing some of the peppy and popular numbers that brought the gathering to its feet. The alumni let their hair down forgetting their professional pressures and danced with abundance along with the current students and created memories for the future.

    • Durgesh Varde Walaulikar & Ujjawal Choudhary

    PGDM 2015, KIAMS

Young and dynamic business leader Mr. Akash Mavle, CEO of Prime Numerics, gave an inspiring speech on analytics to the students of KIAMS, Pune on 12th July, 2014. Mr. Mavle is an alumnus of the prestigious Shailesh J. Mehta School of Management, IIT Bombay and has more than 18 years of experience as a CEO/CIO and CTO at various organizations.

KIAMS julyKIAMS july2He started three companies in the last 13 years, and has worked with some of the most prestigious organizations in India, including, Reliance, Mafatlal Consultancy Services and RCS-KIDE India. He is credited with starting B2B marketplaces serving four Fortune 500 companies in the United States, Australia and Japan.

In his lecture, Mr. Mavle instantly connected with the students through his humour and charm. He informed students about IIT-Bombay faculty member Professor Mr. Mangesh Korgaonkar and his association with KIAMS. In the field of analytics, students got an overview of the technology, techniques, management and companies operating in the highly rewarding sector. Mr. Mavle unveiled stunning trends in healthcare, hospitality, aviation and manufacturing, and he shared important statistics that drew the attention of budding managers to this field. He offered valuable input to students on working in this challenging environment and the myriad of opportunities it provides. He recommended that young minds work to prepare firm foundations in mathematics and statistics to stay competitive.

Students had a great opportunity to gain insight into the numbers game that we call analytics. His delivery on the dynamics of big data left the listeners surprised about the extent to which analytics surrounds our lives. The various characteristics of big data are volume, variety, velocity and veracity. Mr. Mavle presented strong answers to the numerous questions asked by our budding managers.

The lecture also explored career opportunities in the field of analytics, including the positions of business analysts and program managers. This gave students the opportunities to imagine themselves in these roles. Mr. Mavle also took the students through the various domains of comprehensive business analytics and optimization. For example, the American healthcare system was used to illustrate the real-world uses of analytics in the healthcare sector. Mr. Akash Mavle believes modern management courses should stress the importance of analytics and he recommends competency centers for analytics in management schools. He suggested that students should read literature on analytics that will give them a bigger picture. One of the books he suggested is Competing on Analytics, which could help students gain an understanding of various certifications that are in demand in the analytics sector.

The lecture raised our students’ interest in the world of analytics; a field that Mr. Mavle believes will touch every sector in the years to come. The analytics market is fast-growing and expected to exceed the $200 billion mark. In such a challenging scenario managers need to stay analytically competitive to make a mark in their environment. Using analytics in decision-making will help students and professionals sharpen their business skills and ensure that they remain at the cutting edge of business trends.

IMG_0024“For anyone to survive professionally, hard work is mandatory. Some choose to work hard right at the early part of the career and some in their latter; but everyone does. I chose to finish the hard work part at the start of my career.” These are the words of Kirloskar Institute of Advanced Management Studies (KIAMS)’s alum Mr. Gaurav Setia. Mr. Setia has worked hard in the tough financial sector, and has earned the title of Assistant Vice President and Team Leader at ICICI.

But Mr. Setia admits that he had to begin at the lowest level when he started out in the world of banking. “I started at the bottom after being placed with ICICI Bank as a senior officer,” he says, describing the beginning of his journey. “After working rigorously there for two years, I moved to HSBC where I had a stint for about five years. Then I returned to ICICI, in their Securities Ltd. division, as a Chief Manager for their Private Wealth Management vertical. Today I manage about 100 crores of their assets.”

As a Private Banker, Mr. Setia’s days are packed with meetings and client lunches and dinners. These important meetings take up most of his time, leaving little room for a personal life. He is quick to remind youngsters that there’s no such thing as work-life balance at the start of one’s career. But he is enthusiastic to add, “Most of the time, a happy professional life automatically results in a happy personal life.” And as a professional, Mr. Setia has some noteworthy achievements to his credit. In his professional career, he has moved up six levels in nine years. He also acknowledges the fact that assets managed by him have grown from 2 to 100 crores. That wouldn’t have been possible without having the requisite skills for his job, which is something that he points out: “Excellent relationship skills, knowledge and advice. All three skills are interlinked and you can’t move forward without the others.”

Luckily for Mr. Setia, he developed these skills during his time at KIAMS. But, according to him, two of the most important skills he gained at his institute are presentation skills and problem solving: “I’ve always had an upper hand with my colleagues in these two aspects. We had to go through hundreds of presentations at KIAMS and our problem solving skills were tested during Pragati(the rural marketing fair at the institute). It taught us how to break down our problems into smaller parts and solve them.”

He also remains aware of the importance of theory lessons learned at the institute and asks today’s students to pay attention to them. He recommends relating a concept learned to a real world problem because that’s what companies are looking for today. He believes there is a place for young professionals who can apply their theoretical knowledge into practice as they can be assets to the organizations they work with.

Not only has Mr. Setia been put through the paces in the industry, he has also seen setbacks like the global meltdown in 2008. But he has been through it all and has carved a place for himself in the industry today. However, his advice to youngsters who want to make it as professionals is rather simple and practical: “Sometimes all it takes to sail through tough times is to put your head down and keep working hard.” That’s exactly what he has done with great success.

Kirloskar Institute of Advanced Management Studies (KIAMS) has launched its new elective course for PGDM students to boost their professional credentials further before they step out into the corporate world. Titled Customer Insighting (CI), the course uses an educational approach that combines concept, analytics and understanding in order to give students the opportunity to develop more real-world knowledge and become astute communicators of business-relevance and strategic consumer insights. CI incorporates recent trends in big data analysis.

KIAMS’s mission of “Education Through Values” is much respected in the industry. Besides academic excellence, the institute strives to offer its students a learning experience that prepares them for the challenges they will face in their professional lives. The newly tailored Customer Insighting elective continues this endeavour and is meant for students who are interested in pursuing careers in marketing, business consulting, media and advertising.

The growth and development of an organization depends on having a comprehensive view of business parameters, which is why it’s important for professionals to understand a wide-range of data and extract information from it. That’s where Analytics comes into the picture. An analytical approach can give an organization insight into opportunities that can improve sales, marketing and customer service. Through this course, PGDM students of KIAMS will be equipped to handle these important responsibilities.

Program coordinator Prof. Bidyanand Jha sheds light on this aspect of the course, stating, “It is aligned towards the use of technology for Analytics. Basically, it deals with Data Analysis and Actionable recommendations to the problems of industry. We wish to train our graduates for analytics and prepare them for corporate requirements.” Making its students industry ready has been one of the important goals and major achievements of the institute, and this course will definitely help in that regard.

During this course, students will go through a planned process of “Awareness”, “Synthesis” and “Expertise”, which will take care of levels of difficulty and precursors of the courses. Overall, it will equip students with concepts, tools and techniques that will lead them to the hearts, minds and motives of customers. As a result, these future management professionals will turn out to be assets for organizations looking to build on their customer insight. “I think this course will go a long way in making me a valuable addition to my company as I will have vital customer insight,” says student Prateek Jain who intends to make the most out of the CI elective.

This particular course is presently being offered as an elective for students, just like other courses in Marketing, HR, Operation and Finance. Carried out throughout the different terms in the program, Customer Insighting will deal with everything from Behavioural Science to Qualitative Research Methods, Industry Research to Developmental Economics, and Media Planning and Research. It is little wonder, then, that the course has already got the attention of prominent industry names. According to Prof. Bidyanand Jha, KIAMS is in touch with companies which have come forward and offered valuable inputs while designing the course. “We are in regular contact in order to work on improvements and synchronize with industry requirements,” he says. “We are also planning to initiate and get in touch with couple of Market Intelligence companies to source the resource for improvement, delivery and assessment.”

This is just the beginning for the Customer Insighting course, which might go on to become a separate PGDM program on its own in the future. But for now, it’s bound to give students of KIAMS the edge in their bid to find a foothold in the highly competitive corporate world.