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Page 1 of 29/Director’s Report
Goa Institute of Management DIRECTOR‟S REPORT
Mr. Chauker, our eminent Convocation speaker,Chairman and Members of the
Governing Board, Distinguished Guests, Members of GIMFaculty, and Visiting
Faculty, Members of our staff, Alumni of our Institute, Graduating students
and their parents and our first year students. It gives me great pleasure to
welcome you to this Annual Convocation ceremony of students graduating from
the Goa Institute of Management.
We are honoredindeed by our Convocation speaker for the day Mr. Kishore A
Chaukerformer Managing Director, of Tata industries Ltd. TIL is one of the two
principal holding companies of the Tata Group, India‟s largest and the best-
known conglomerate. TIL acts as the new projects-promotion arm of the Group,
and spearheads the entry of the Group in the emerging high-tech and sunrise
sectors of the economy.
While at TIL, Mr. Chaukar was also a member of the Group Corporate Centre,
which is engaged in strategy formation at the House of Tata. Mr. Chaukar
chaired for several years the Tata Council for Community Initiatives (TCCI) – the
nodal forum of the Group on matters related to Corporate Sustainability, and
was a member of the Board and Advisory Board of some national and
international organizations in the Corporate Sustainability and Human Rights
space.
Mr. Chaukar is a Member of the Boards of several Tata Companies and the
Chairman of Tata Teleservices (Maharashtra) Ltd., Tata Business Support
Services. Mr. Chaukar is a Trustee of Bharatiya Agro Industries Foundation
(BAIF) Development Research Foundation.
Dr. Sunil Rai
Director Mr. Gopalakrishnan
Chairman
Page 2 of 29/Director’s Report
Prior to joining Tatas, Mr. Chaukar was the Managing Director of ICICI Securities
& Finance Company Limited from July 1993 to October 1998, and a member of
the Board of Directors of ICICI Limited from February 9, 1995 to October 15,
1998. During 1975 to 1985, he served as an Executive Secretary of Bharatiya
Agro Industries Foundation, an NGO engaged in extending relevant technology
into rural India for generating economically remunerative employment.
He holds a BA degree in Economics from Karnataka University and a Post-
Graduate Diploma in Management from the Indian Institute of Management,
Ahmedabad. He also holds a DEA in Rural Economics from the University of
Dijon, France.
Mr. Chaukaris known to be a strategy builder for large corporate initiatives and a
champion of corporate sustainability and human rights. He is a motivational
speaker par excellence and I am quite confident that our graduating students
and our faculty would surely benefit from the very sound advice he will give us.
His words of wisdom are bound to stand the graduating students in good stead
as they launch themselves into their corporate careers.
Let me now present to you the director‟s Report for the year. Since the report
gets longer as the activities of the institute grow I shall read only the highlights
and you can read the details in the full report which is available.
1. THE GIM CAMPUS AT PORIEM IN SATTARI TALUKA.
The GIM campus at Sanquelim has now bloomed into its full splendor with
state of the art facilities for students and faculty amongst rich flora and
fauna in the scenic background of Sahyadri hills. The infrastructure is
second to none in our country and we shall all look forward to its
successful utilization to heighten our capabilities.
We have now entered the first phase of our expansion and the speed and
finesse with which our project team under the able guidance of our Project
Director Mr. P.F.X. D‟ lima, is making progress, we are certain that
Page 3 of 29/Director’s Report
additional facilities like Swimming pool, Tennis courts, Basketball court,
Visiting faculty hostel and International Students Hostels will be
commissioned before the commencement of next academic year
We acknowledge the support of our members of the Board who have lent
their support by way of donations, their valuable time and their guidance
that enabled us complete the project in time and also undertake the
extension phase. We thank Shri PratapsinghjiRane fir his continued
support and guidance. The relentless efforts of our project Director Mr.
PFX D‟ lima, Mr. Raman Madhok, Mr. Dean Menezes and Mr.
ShrinivasDempo have been the driving spirit in successful handling of all
infrastructure and other regulatory issues.
We greatly appreciate the support we received from the Government of Goa
and the Education Department who have always been supportive of GIM
and our activities.We thank our architect M/s Somaya and Kalappa and
the contractor M/s Candeparker and Associates for the progress of the
work. We acknowledge the support of the local Panchayat and the Town
and Country Planning Department, Government of Goa for providing
approvals and supports.
We also thank our Bankers, Bank of India with a special mention of the
support rendered to us by Mr. A.K. Arora, Zonal Manager and Mr. V.K.
Chetiwal, Manager for providing their guidance and support to obtain the
necessary approvals for loan to fund the extension project.
2. FACULTY
Our faculty are the back bone of our institute and we look up to them to
set a good example in discipline, diligence and innovative initiatives. The
faculty, besides commitment to teaching is actively engaged in mentoring
students and guiding them for superior performance in extracurricular
activities, social projects and developmental activities. Some of our faculty
Page 4 of 29/Director’s Report
are working closely with Government and Industry in Goa on various
consultancy and applied research projects. A detailed list of our faculty is
given on the next page.
GIM FACULTY (As on March 30, 2013) Director: Dr Sunil Rai
Dean Academics: Dr N Sambandham
A. General Management Designation 1. DebabrataSen* Senior Professor 2. Susan Hague* Professor (Full Bright Scholar) 3. RaghuveerVernekar Associate Professor 4. Cedric Serpes Associate Professor 5. DivyaSinghal* Assistant Professor 6. Hemant Padhiari* Assistant Professor
B. Finance & Economics
7. Arindam Dasgupta* Senior Professor 8. Manish Parmar Assistant Professor 9. Abhishek Ranga* Assistant Professor 10. Amiya Kumar Sahu** Assistant Professor 11. Vinay Goyal* Assistant Professor 12. KaushikDesarkar Assistant Professor 13. Joy Chowduary** Senior Lecturer 14. Fernanda Andrade** Research Associate 15. Manas Mayur** Senior Lecturer
C. Marketing
16. AjitParulekar ** Associate Professor / Associate Dean (HCM) 17. TarunPasricha Associate Professor 18. Jagrook Dawra* Associate Professor 19. Ranbir Singh Sodhi Assistant Professor 20. Nirmalaya Bandyopadhyay** Assistant Professor 21. Kanupriya Katyal** Assistant Professor 22. Pravat Surya Kar* Assistant Professor 23. Ayesha Gonsalves Assistant Professor 24. SubrataMajumdar Assistant Professor(Adjunct Faculty)
D. POM
25. P.F.X D’Lima Professor/Director Projects 26. N Sambandam* Senior Professor / Dean Academics 27. Prabir Kumar Bandyopadhyay* Professor 28. Raj V. Amonkar Associate Professor 29. Jaideep S. Gupte Senior Lecturer
E. Systems /IT
30. Sunil Rai* Senior Professor/ Director 31. Rakesh Shrivastava Professor
Page 5 of 29/Director’s Report
32. Vithal Sukhathankar** Associate Professor
E. OB & HRM
33. C.M. Ramesh* Professor 34. RanjiniSwamy* Professor 35. Christo Fernandes* Assistant Professor 36. V Padhmanabhan** Senior Lecturer 37. A.G. Balasubramanian* Professor – (Adjunct Faculty) 38. GayatriKonkar Adjunct Faculty (Counseling)
G. Health Care Management
39. Harish Shihare Associate Professor 40. AdeshChaturvedi Associate Professor 41. MeenaParulekar Assistant Professor
*Ph.D, **Pursuing Ph.D.
3. UPDATES ON CURRICULUM
The Curriculum at GIM is kept current and relevant to the needs of
industry through a series of interventions and review. The curriculum is
reviewed by the Area Committees based on the inputs from the Faculty,
Students, Alumni, Industry experts and renowned Academicians. The
Updates/Modifications to the curriculum are then discussed in the faculty
council meeting before recommendations are made to the academic
council. The curriculum after due modifications and updates as approved
by the Academic council is put up to the Governing Board for approval and
promulgating in the ensuing academic year.Some of the Academic
interventions that have enrich the academic delivery at GIM are given
below:
3.1 GIVE GOA – A CSR PROJECT
The GiveGoa initiative makes students more socially responsible as they get
an opportunity to engage with the under-served sections of society and take
responsibility for improving their lives in small but significant ways. This
year we obtained about 60 projects as against about 50 projects in 2011-12.
Page 6 of 29/Director’s Report
We also teamed up with new organizations such as NABARD, the National
Association for the Blind (NAB), the Voluntary Health Association, Goa
(VHAG) and the Directorate of Health Services (DHS), to offer an exciting
range of projects.
The initiative has received a positive response from many client
organizations that collaborated with us this year. Many have expressed an
interest in continuing the projects and building on past ones. Other
organizations such as CIPLA, South Asian Foundation and the Centre for
Innovation & Business Acceleration (CIBA)have expressed interest in offering
projects next year.
This year, students of first year organized a flash-mob- cum- street play at
Caculo Mall, Panjim on 14 Feb 2013 as part of the International initiative
called “Onebillion Rising,” to highlight the need for women’s empowerment.
About 30 students participated in the El-Shaddei- initiated marathon, as
volunteers and participants. The students are also organizing for the
distribution of clothes and books (collected from the second-years) to the
needy through El-Shaddei.
We are very grateful to the Board and the Faculty for their support and look
forward to their continued support in the future. We are in the process of
systematically gathering information about the perceptions of students,
faculty, clients and beneficiaries about this year’s experiences. We will keep
our stakeholders informed about the findings of the study.
3.2 Reduced contact hours in class
We are in the process of reducing the number of contact hours in class so
as to allow our students more time for the preparation for the class based
on the course outline and analyses of the case studies.This also
encourages independent individual study by students so that in the class
the faculty can stimulate and facilitate good discussion and exchange of
views in a learning experience, in line with our Education philosophy. This
Page 7 of 29/Director’s Report
also provides time for undertaking extracurricular initiatives that help
students develop wholesome corporate personality. This is in line with the
recommendations of an AICTE committee which is chaired by our Dean
Prof. N. Sambandam.
3.3 ACCENT ON INNOVATION
Our „curriculum‟ encourages process of discovery and invention of new
ways of living to widen the scope of management education to enhance its
relevance. Some of the innovations recently added to our teaching learning
scheme are given below:
„Leadership SQ: The Vedic Way’: is an elective course developed by Prof.
TarunPasricha. This course is based on the premise that ancient Indian
wisdom as embodied in the Vedas can contribute directly to the nurturing
of many of the above traits, resulting in leadership with a high SQ. Besides
contributing to leadership SQ, the course would encourage students to
manage stress and enhance equanimity.
Social Leadership - Film based teaching: Professor RanjiniSwamy
offered a course on Leadership in which she uses films extensively, e.g.
she showed „Bawander- A sand Storm‟ a very powerful film on the life of
Bhawari Devi of Rajasthan in her session on social leadership. The use of
films as a different media to engage the learner with various social,
political, ethical issues in a different manner creates a strong „sticking‟
power.
‘Strategy and Innovation for Base of Pyramid Markets’: An elective
course developed by Prof. Hemant Padhiari to explore the alignment
between business oriented incentives for growth, innovation, profits and
the development community effort to create a more inclusive capitalism.
Students are able to appreciate the larger role for market based ventures
in serving the needs of the poor and gain practical tools and frameworks
Page 8 of 29/Director’s Report
for developing and evaluating business approaches that can productively
address unmet social needs for those at the base of the economic pyramid
‘Lyrics and Management’: an elective course developed by Dr.
DivyaSinghalgives future managers a deeper understanding of cultural
mores and traditions through Lyrics. It is necessary for being able to
successfully market to consumers in an ever changing context and to
manage people. The course provides insights, lessons and reflection into
life, both in relationships with others and also with ourselves as
individuals which is very important from managerial aspect and to
enhance one‟s inter-personal intelligence.
„Thinking Skills for Managers’: A course introduced by Professor
RaghuveerVernakar, aims at developing a focused attitude towards
change and towards new ideas. In this course he deals with approaches
to thinking with practical exercises in the class.
3.4 CREATIVITY
We are in the process of developing a Creative Lab, an initiative spear
headed by Prof Cedric Serpes.The concept for the Creative Labs in GIM is
loosely based on MIT‟s Media Labs. This is another effort to create a
point of differentiation between our GIM brand and other Indian B
schools. The Creative Labs at GIM will be an outlet where ideas can be
encouraged and executed and where the constant fusing of multiple
disciplines will make students into innovative thinkers. The labs will
encourage creativity in all forms. From the art of story-telling and voice
acting to clay, paper and dust sculpting to stand-up comedy.
3.5 PROJECT ON REVIVAL OF SICK UNITS
GIM continues to work with the Government to revive some sick units in
Goa. This is being taken up under the guidance of Prof. Debabrata Sen
and with the support of his students. This exercise is being done as part
of our course on entrepreneurship. An Incubation cell is being developed
Page 9 of 29/Director’s Report
at Ribandar Campus, to be made available to GIM and other graduates/
entrepreneurs in Goa.
3.6 THIRD LANGUAGE CLASSE
As globalization, mobility and communications are bringing the world
closerthe need for management students to learn another language
opens up new opportunities and gives a perspective that students might
never have encountered otherwise. GIM offersthe third language courses
in German, Portuguese, French and Spanish Language. In year 2012-
2013 GIM successfully ran Basic courses in German, Spanish and
Portuguese and first time organized an advance level course in German.
Eleven students were refunded their fees for language courses as they
had secured more than 80 % and had also attended all the sessions of
respective courses as this was promised by director at the time of their
joining the institute. Six students who have cleared their Basic Course in
German Language showed their interest in advance level course which
was organized for them during December 2012 and March 08th, 2013.
2012-2013
Course Registered student
Collaboration Faculty
Basic German 31 Indo German Educational and
Cultural Society of Goa
Ms. Lisa Dias- Noronha
Basic Spanish 29 Communicare, Goa Ms.NeeluMehtani, Communicare
Basic
Portuguese
10 InstitutoCamões,
Panjim.
DelfimCorreia da Silva
Director, Instituto Camoes
Basic French 15 Alliance Française de Goa.
Ms.Karine Christophe, Deputy Director, Alliance Française
Page 10 of 29/Director’s Report
The course was held in consultation with Goethe Institute, Pune by
Professor Rainer Lotz.
4. EVENTS ORGANISED BY THE INSTITUTE
4.1 SAMRIDDHI 2012 – THE BUSINESS OF INNOVATION
Samriddhi 2012 celebrated Innovation and recognized innovators
through a 3 day long festival at the Sanquelim Campus which brought
together the industry‟s leaders and pioneers in Innovation and rising
stars in one place, at one time. It showcased an illustrious panel of
speakers, ground breaking events including live case studies, innovation
in sports, marketing expeditions, Innovation awards and more.The event
was covered by various press, radio and television media, both local and
national.
The Chief Guest for the occasion was the Governor of Goa, H.E. Bharat
VirWanchoo. The leader of the opposition and member of our Board of
Governors, Mr. P.R. Rane and Mrs. Rane were present.
The keynote speaker was Mr. AlyquePadamsee, whose address on “Ideas
and innovation” set the tone and mood for the rest of the festival, which
was inspiring and bold. Mr. Padamsee followed this with a special
session on “How to get in touch with your emotional center”.
The other eminent speakers on Day 1 were
Mr. S L Ganapathi, who talked about “Innovation in logistics”,
Mr. Stephen Remedios – “Innovation in garnering consumer insights”,
Commodore Srikant Kesnur – “Innovation in the armed forces”,
Mr. Devdutt Modak – “Innovation in information technology and creating
business opportunities”
Page 11 of 29/Director’s Report
Mr. Kumar Ankit – “Innovation in ensuring sustainable development” and
Ms. Kshama Fernandes CEO, IFMR capital (our former faculty). All these
industry leaders shared their views, offering students
Day 2 saw a host of competitions, from market simulation games and
marketing and design innovation contests to other stimulating games
specifically tailored to stimulate and reward business acumen.
Day 3 culminated with a talk by the ex-Director of the National Institute
of Oceanography, Mr. Satish Shetye who is now Vice Chancellor of Goa
University, followed by an entertaining closing ceremony by the students.
4.2 WIZ BIZ
WIZBIZ is the annual corporate quiz organized by MECCA, The
Marketing Inveterate of Goa Institute of Management. It is the biggest
corporate quiz of India organized by India. This year saw the 13th edition
of this legacy quiz with the prize money exceeding that of TATA Crucible,
the most renowned quiz of the country. WIZBIZ was started with the goal
of putting GIM on the corporate map and increase the industry
interaction of the students with the corporate that are a part of WIZBIZ
every year.
PRE- EVENT ACTIVITIES
WIZBIZ WEEKLY QUIZ: 2ND – 22ND FEB, 2013
To keep people engaged on our WIZBIZ Page, we had a three week long
quiz running on our page. 5 questions were uploaded on the page every
day and people participated in large numbers. The quiz was conducted
using an App we had purchased. This allowed viral sharing of the quiz.
Page 12 of 29/Director’s Report
INQUIZITIVE MINDS – 20TH TO 22ND FEB, 2013
Inquizitive Minds is the annual 3 day event conducted before WIZBIZ. It
included 3 online quizzes on the popular quizzing website
www.dare2compete.com. These quizzes were open to all and saw more
than 1000 teams participating each day. It is one of the most awaited
quiz of the year. The winners were awarded cash prize of Rs. 3000 per
team per day.
ZEAL – 19TH FEB, 2013
Zeal is conducted before WIZBIZ to select one team from GIM that will be
given a chance to take part in the main event. This year, because of the
overwhelming response from the students, top 2 team were selected from
Zeal to take part in WIZBIZ.
1st: NIshadh Amonkar & AmeySardessai
2nd: Praveen Joseph & Prasad Kole
WIZBIZ: THE MAIN EVENT – 23RD FEBRUARY
We had 16 teams from various corporate houses this year. These
participants were from TCS, Splash Communications, Oracle, Genpact-
Questa, HDFC Bank, Morpheus Human Consulting, Subhash Photo
Systems, L&T Finance, Metro Cash and Carry India, HDFC Life, IBM, SBI,
SESA Goa and certain independent organizations.The participants were
provided accommodation with our hospitality partner, Aguada Anchorage.
The Quiz Master for the event was Mr. AvinashMudaliar who is one of
India‟s leading quiz masters and a well accomplished quizzer. He has
conducted more than 1300 quizzes in the last 20 years and has won over
Page 13 of 29/Director’s Report
800 odd quizzes. This year was the 11th year of WIZBIZ‟s association with
Mr. Mudaliar.
According to Mr. Mudaliar, “Content wise, WIZBIZ is the undoubtedly the
best quizzing event in India. Moreover, the hospitality towards every event is
fantastic. They go back with pleasant memories making WIZBIZ the most
outstanding quizzing destination of the country.”
WINNERS
1st: Rohan Khanna, Amit Pandya - Genpact Questa
2nd: R Jayakantan, Sreekanth G – TCS
4.3 INCEPTION
Inception is an annual event organized by the students. The purpose is to
bring students together and encourage them to showcase their talent in
diverse skills. This year, as always, it was held in February 10th 2013 at
the GIM amphitheater.
This year, we thought we would add an element of social responsibility by
supporting the cause of National Association for the blind, Goa. The plan
to engage Remo to be the main guest, performer and mascot and push for
awareness using his media clout could not materialize due to certain
constraints.
Agnya, an instrumental band doing fusion was the main band. Our own
band did a couple of sessions and got an outstanding response. In
addition there were many performances by students and by two professors
as well. Food stalls provided a happy variety of food for the evening. Spot
prizes were handed out and some new talents were discovered.
Page 14 of 29/Director’s Report
4.4 RIBANDAR TALKS
The list of speakers who participated in series of Ribandar Talks this year
is given below:
1. PrahladKakkar - Ad Film Director and Founder, Genesis Film
Productions spoke on Translating brand positioning into TV commercials.
2. Prakash Iyer - Managing Director, Kimberley Clark India spoke on The
Habit of Winning.
3. Walter Bender - Founder, Sugar Labs and Ex-president One Laptop per
Child (OLPC) Foundation spoke on learning to change the World.
4. Manish Sharma - Co- Founder and CEO, Printo spoke on what I did not
learn at Business School.
5. J K Sinha - Member, National Disaster Management Authority spoke on
Disaster Management in modern day business scenario.
6. Edgar Ribeiro - Former Chief Town Planner, Town and Country Planning
Organization, India spoke on Spatial Investments in the Infrastructure
Industry.
7. Animesh Kumar - Group Head, HR and Corporate Services, IDFC and
Co-CEO, IDFC Foundation spoke on the future of HR.
8. Anil Agarwal - Founder and Executive Chairman, Vedanta Resources
Corporation spoke on Entrepreneurship
9. Ash Rajan - U.S. Chief Investment Strategist, Global Capital Markets,
Merrill Lynch USK, Merrill Lynch spoke on Global Capital Market's
Outlook.
Page 15 of 29/Director’s Report
10. Ravi Arora - Vice President, TQMS (Tata Quality Management Services)
Innometer Workshop - How to measure Innovation
5. RESEARCH AND PUBLICATION
1. (Andrade & Singhal, Towards achieving Education for all : Sarva Siksha Abhiyan and its
progress in Goa, 2012)
2. (Swamy, Bhuyan, & Neog, 2012)
3. (Das-Gupta, The case for an income tax amnesty, 2011)
4. (Das-Gupta, Fiscal reform: Why not tackle the waste?, 2011)
5. (Das-Gupta, Public Expenditure Management Committee Report: A Critical Review, 2011)
6. (Das-Gupta, An Assessment of the Revenue Impact of state-level VAT in India, 2012)
7. (Das-Gupta, Corruption, 2011)
8. (Das-Gupta, How DTC Perpetuates Corruption, 2012)
9. (Das-Gupta, Economic Analysis of India's Double Tax Avoidance Agreements, 2012)
10. (Das-Gupta & Bird, Public Finance in Developing Countries, 2013)
11. (Mayur & Kumar, Determinants of going-public Decision in an Emerging Market, 2013)
12. (Mayur & Mittal, Waves of Indian IPOs: Evolution and Trend, 2011)
13. (Mittal & Mayur, 2012)
14. (Hartel, Lloyd, & Singhal, 2011)
15. (Singhal, Shiraani, & Adhikary, Inclination of Youth Towards social networking sites – A Three
Nation Exploration)
16. (Singhal & Dias-Amborcar, Dial 108 in an emergency, 2011)
17. (Singh & Singhal)
18. (Fernandes, Mekoth, Kumar, & George, 2012)
19. (Fernandes & Tiwari, Organizational Role Stress : Impact of manager & Peer Support, 2012)
20. (Fernandes & Pinto, Cooj Mental Health Foundation - Touching People’s Mind, 2013)
21. (Gupte, Heuristic Approach to Air Crew Rostering Problem, 2011)
22. (Gupte, Cluster Analysis Approach for Market segmentation)
23. (Padhmanabhan, Internal Competition – A curse for team Performance, 2012)
24. (Padhmanabhan, Conflict Management at TKC Consulting, 2011)
25. (Bandyopadhyay & Lotliker, An Application of principal component analysis in supplier
selection, 2011)
26. (Bandyopadhyay, Using of Six Sigma in Adopting Business Excellence Model In India Context,
2011)
27. (Bandyopadhyay, Implementation of Total Productive Maintainance – Plus some tips from
Evidence Based Management)
28. (Borker & Bandyopadhyay, 2011)
29. (Ponnam & Dawra, 2013)
30. (Dawra, Katyal, & Reddy, 2012)
31. (Biswal, Kar, Debdata, Panda, & Menon)
Page 16 of 29/Director’s Report
32. (Kar & Pattnaik, 2011)
33. (Katyal, 2013)
34. (Singhal & Singhal, 2012) (Swami, 2011)
35. (Andrade, Das-Gupta, Marathe, Nandi, & Padhiari, 2011) (Andrade, Das-Gupta, Ghosh,
Marathe, Nandi, & Sucharita, 2011)
Page 17 of 29/Director’s Report
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24. Hartel, C. E., Lloyd, S., & Singhal, D. (2011). Intercultural competencies across cultures: same or
different? In J. Syed, & M. F. Ozbiligin (Eds.). Cheltenham, UK: Edward Elgar.
25. Kar, P. S., & Pattnaik, B. (2011). Overview of Economy, Financial Systems and BFSI Market in
India. In P. e. al, Financial Risk Managment. Excel.
26. Katyal, K. (2013). Book Review: Customer in the Board Room? Crafting Customer-Based Business
Strategy.RAMA BIJAPURKAR. ASCI Journal of Management , 42 (2), 114-119.
27. Mayur, M., & Kumar, M. (2013). Determinants of going-public Decision in an Emerging Market.
Vikalpa , 38 (1), 17-38.
28. Mayur, M., & Mittal, S. (2011). Waves of Indian IPOs: Evolution and Trend. Asia Pacific Journal of
Management Research and Innovation , 7 (3), 24-33.
29. Mittal, S., & Mayur, M. (2012). Ownership Change and Deterioration of performance in post –
IPO Period: A Panel Data Analysis of Indian Firms. IUP Journals of Corporate Governace , 11 (2),
24-37.
30. Padhmanabhan, V. (2011). Conflict Management at TKC Consulting. Ivey Publishing, Richard Ivey
School of Business Foundation.
31. Padhmanabhan, V. (2012). Internal Competition – A curse for team Performance. Ivey
Publishing, Richard Ivey School of Business Foundation.
Page 19 of 29/Director’s Report
32. Ponnam, A., & Dawra, J. (2013). Discerning product benefits through visual thematic analysis.
Journal of product & Brand management , 22 (1), 30-39.
33. Singh, M., & Singhal, D. Interlinking of Indian Rivers : A big Dream of little Logic. In A. K. Thakur,
& P. Kumari, Interlinking of Rivers in India (pp. 204-216). Deep and Deep Publications Pvt. Ltd.
34. Singhal, D. (2010, July-Sept). Goa Experiments with an innovative approach in health sector.
Management in Government , 29-40.
35. Singhal, D., & Dias-Amborcar, Y. (2011). Dial 108 in an emergency. Asian Business Case Collection
. Nanyang Business School.
36. Singhal, D., & Singhal, K. R. (2012). Implementing ISO 9001: 2008 Quality Management System -
A Reference Guide (2 ed.). N. Delhi: PHI Learning.
37. Singhal, D., Shiraani, F., & Adhikary, J. R. Inclination of Youth Towards social networking sites – A
Three Nation Exploration. Abhigyan , 27 (1), 54-69.
38. Swami, R. (2011). Goa Development Report. Planning Commission . New Delhi: Academic
Foundation.
39. Swamy, R., Bhuyan, N., & Neog, R. (2012). Soft Issues In the Software Industry (A). Giving Voice
to Values curriculum collection . The Yale School of Management.
6 STUDENT EXTRACURRICULAR ACHIEVEMENTS DURING THE YEAR
The Last year has seen a very substantial range in extracurricular
student activities during the year. I suppose this could be attributed to
- The large batch size and the larger size of student population at this
campus.
- The additional facilities provided at this campus that encouraged
students to attempt various competitions.
We are pleased to report the large amount of extracurricular activities
and prizes won are under.
Page 20 of 29/Director’s Report
AWARD WON BY GIM STUDENTS IN VARIOUS COMPEDITIONS
S. No. Event Name
College/ Company_ Organizing
Team Name Members Prize Won
Cash Prize
About the Event
1 CFA level 1
Ankush Goyal
2 Nissan Student Brand Manager
Nissan
Rahul Garg Winner,
Representative, Goa Region
Brand Management
3 Technopak Advisors
Technopak, Consultancy
Firm
Rahul Garg Second Prize
Consultancy Competition
4 All India Case Study
Lux Industries Ltd
Rahul Garg Finalist
Case Study Competition
5 ConQuest Online
IIM Shillong
Aditi Parikh Article got published
Article Writing
6 MBASkool
KshamaAdka Article got published
Article Writing
VyomaVegad
7
Delloite Maverick Case Study Challenge
Delloite
AkshatMadan Qualifiers from
the western region, National
Finalist
Case Study
Competition
HitaishiKhullar
Olivia Dmello
8 Goa Association
Best Management student of the
year
AmeySardessai
Rolling Trophy, Silver medal sponsored by
NIIT Panaji and a certificate
9 NeethiSastra IIM Indore
AkshatMadan First Prize
Page 21 of 29/Director’s Report
HitaishiKhullar
Olivia Dmello
10
iLogo- Coolest T-shirt Contest
iLogo
Trisha Chhabra Third prize Rs.
25,000
11 Capstone International Challenge
Capstone
Rajas Nadkarni Brandon Lobo Jerry Varghese Siddhesh Desai
Carl Mascarenhas
Third prize
12 Write-O-Rama IIM-
Kozhikode Saptak Bose First prize
13 SectoRate IIM Trichy
AkshatMadan First prize
Rs. 30,000
Consulting Event
HitaishiKhullar
14
Articles for January 2013 edition of ConQuest Online
IIM Shillong
Aditya Khajuria Best Article of the
Month Rs.
1,000
Article Writing Competition
15 Chakravyuh 2013
IMT Ghaziabad
Basketball Team –
Boys
DarshanBhat
Winners of the Basketball
Tournament
Sports Event
Umair Siddiqui
Jagdeep Sandhu
Hemant SJ
GautamRaizada
SiddharthJhunjhunwala
Rohit Sharma
Basketball Team –
Girls
RaisaPrazeres
Winners of the Basketball
Tournament
KshamaAdka
TanviNaik
Aditi Daniel
Page 22 of 29/Director’s Report
16
Econimi Inviting Articles For ECOSYNTHESIS
IMI, Delhi
Aditya Khajuria First prize Rs 1500
Article Writing Competition
17 Inquizzitive - Samriddhi
Goa Institute of
Management
PrajaktKamat
First prize Rs.
10,000
Intercollege
Business Quiz
Competition
Srijit Kumar
18
Bouganvelia real estate developers promotion poster design
Bouganvelian real estate developers
AKS Abhishek Srivastava First prize Rs.
5,000
Promotional campaign to design a poster & generate visibility of the developers via social media,
19
Articles for Pratibimb – The TAPMI's e-Magazine
TAPMI
SavioFernandes Article Published Article Writing Contest
20 Homecoming SIMSREE The
Super Marios
DheerajPershad
First prize HR
competition
MugdhaGupte
VivekSaha
21 Tod mod kejod SIMSREE The
Super Marios
DheerajPershad Second Prize
marketing competitio
n MugdhaGupte
Page 23 of 29/Director’s Report
VivekSaha
22 Udyog IRMA The
Super Marios
DheerajPershad
Second Prize
AmulFlaavyo
marketing campaign
MugdhaGupte
VivekSaha
23 Srijan TISS HRyans
Derrick menezes
Top 5
HR based case study
competition
Deepankar Sadhukhan
VivekSaha
24
B-Spionage (B School Magazine by PrintBindaas)
PrintBindaas
Sunil Pandey Article Published
Article Writing Competition
25 Financial Wizard
J.P. Morgan
Neeraj Singh JP Morgan
Global Finance Scholarship
100000 Finance Scholarship
26 DempoBizquest 2013
Dempo Group
Nishadh Amonkar Second Prize
Business Quiz
AmeyaParsekar
27 Panchayati Raj Quiz
North Goa ZillaPanchay
at
Nishadh Amonkar Third Prize
Quiz on Panchaya
ti Raj AmeyaParsekar
28 Inquizzitive The Times of
India
Prithviraj Gupta
Second
Inter College Quizzing Competiti
on
Aditya Desai
29 Vinidhan KJ somaiya Dollar Banian
Rutul Mehta
Finalist
Finance case study
competition
Nikhil Rana
30 FinStruct KJ Somaiya Institute of
FlashCrash
TusharWalecha
First Prize 20000 Developin
g
Page 24 of 29/Director’s Report
Management & Research
SukrittaLoonia
PiyushSharoff
structured products
using financial engineeri
ng.
PiyushSharoff TusharWalecha
SukrittaLoonia
SukrittaLoonia
31 GameOn
Welingkar Institute Of
Management Development & Research
FlashCrash
TusharWalecha SukrittaLoonia PiyushSharoff
Second Prize 10000
Application of
Game Theory
PiyushSharoff TusharWalecha SukrittaLoonia
SukrittaLoonia
32 Finurosity,Melange
K J Somaiya The
Dolphins PiyushSharoff Ashish Mittal
Third Finance Quiz
33
Businesss Simulation Game,Samriddhi
Goa Institute of
Management
PiyushSharoff Siddhesh Desai
Nitish Pal Finalist
Business Simulation Game
34 Markathon IIM - Shillong Dheeraj DheerajPershad First 1000
Poster Designing fPiaggio Vespa relaunch.
35 Chakravyuh IMT
Ghaziabad Avalanch
e
AnjumThobani
Third Table Tennis
SiddharthJhunjhunwala
Hemant SJ
DheerajPershad
36 ASMANJAS IRMA,
UDAAN’2012
Rahul Garg
Third
Suggest Market Entry
Strategy MandarBanage
Page 25 of 29/Director’s Report
7 ADMISSIONS FOR THE YEAR 2013-15
Admissions for PGDM 2013-15 was announced by a notification on GIM
website in September 2012. Applications were invited for the flagship
PGDM programme and PGDM Health Care management programme.
Candidates had option to apply for either or both programmes.
Candidates could apply to GIM, based on XAT and CMAT (Both October
and February tests).
This Year, we had used internet based publicity to a greater extent. The
publicity efforts included social media, specifically targeted for Healthcare
Management.
We received a total 9276 applications for 2013-15 batch, of these 855
candidates were interested in both programmes (compared to 7231
applicants for 2012-14). Shortlisting of candidates based on XAT and
CMAT (first test) held in October was done, based on total score in the
competitive examination and section-wise cutoff for each of section in XAT
as well as CMAT. The cutoff for total score was higher than cutoffs for
previous year. In phase I of admissions 1811 candidates were invited for
interview for PGDM / PGDM-HCM programmes in February-March 2013.
1270 candidates appeared for the interview for PGDM and for PGDM-HCM
in February-March 2013.
For PGDM-HCM, each individual application was reviewed by a team
headed by Asst. Dean and 404 candidates were shortlisted only for PGDM-
HCM interview based on score in competitive examination and profile
experience of the candidates.
In phase II 3422 applications based on CMAT (second test) held in
February shall be taken up for shortlisting and interviewed in April 2013
and we are likely to interview around 1000 candidates in April 2013
Page 26 of 29/Director’s Report
A preliminary review of the interview results indicates that we may have
up to 1000 candidates with scores better than stipulated minimal norms
for the admissions/offer/placing candidates in waiting list. Forecasting
based on experience of past years in offer to acceptance ratio it is highly
probable that we will get the required strength for the PGDM class of
2013-2015, however the position related to PGDM-HCM can only be
ascertained after completion of phase II.
8 PLACEMENT
We can report a satisfactory placement performance. The number of
students placed so far is 199 and the remainders 34 are likely to be placed
very soon. The average salary is Rs. 7.89& the median salary is 8 lakhs.
9 MDP’s
The MDP team made good progress during the year. Around 20 short
duration Courses were developed in coordination with faculty members.
Besides, short duration customized programmes were conducted for
several Clients such as Sesa Goa, CIPLA, General Insurance, Max Life
Insurance, KITCO and Under Water Ranges (division of DRDO).
A-5 day training program was also conducted for executives from Dutch
Committee of Afghanistan.
Contact has been established with the Tata Management Training Centre
(TMTC), Pune and discussions for collaboration between GIM and TMTC
have reached an advanced stage. Such collaboration would give further
impetus to the on-going plans.
Page 27 of 29/Director’s Report
Details of the MDPs conducted during the year are reproduced as follows:
Date Title Organization No. of
people
Attended
6-8 August
2012
Sesa Young Managers' Management
Development Programme
Sesa Goa
Ltd.
(Vedanta)
23
10-12
September
2012
Sesa Young Managers' Management
Development Programme
Sesa Goa
Ltd.
(Vedanta)
21
13-15
September
2012
Sesa Middle Level Managers'
Management Development Programme
Sesa Goa
Ltd.
(Vedanta)
22
30th.
October
2012
CIPLA Middle Level Managers‟
Management Development Programme
(Leadership)
CIPLA Ltd. 30
2-3
November
2012
GIC Young Managers‟ Management
Development Programme
GIC 18
25-27
November
2012
CIPLA Middle Level Managers‟
Management Development Programme
(Finance for Non Finance Executives)
CIPLA Ltd. 34
26-27
November
2012
Max Life Insurance
Management Development Programme
(Customer Relationship Management)
Max Life
Insurance
28
Page 28 of 29/Director’s Report
December
2012
Executive Development Programme for
Dutch Committee of Afghanistan
(Finance)
Dutch
Committee of
Afghanistan
3
January
2013
CIPLA Middle Level Managers‟
Management Development Programme
(Finance for Non Finance Executives)
CIPLA Ltd. 20
February
2013
Management Development Programme
for KITCO (2 sessions on Innovation
and Creativity and 2 sessions on
Enhancing Employee Performance)
KITCO 11
March
2013
Management Development Program for
Under Water Ranges (2 sessions on
Finance for Non Finance Executives
and 2 sessions on Communication and
Presentation skills)
UNDER
WATER
RANGES
February
2013
CIPLA Middle Level Managers‟
Management Development Programme
(Leadership)
CIPLA Ltd. 30
10 EXCHANGE PROGRAMMES
Our exchange programmes continue with a larger strength but to the same
institutes in Europe.
This year we hope to host a batch of undergraduate students from William
& Mary School and hope that this collaboration can eventually be
upgraded to a higher level of collaboration of student and faculty exchange
at the MBA level. We continue to pursue our efforts to seek fresh avenues
for exchange programmes.
Page 29 of 29/Director’s Report
11 CRISIL RATING
I am glad to report that in their rating exercise CRISIL have rated us A**
the second level at the National Level and A*** the highest level at the state
level. We believe that it will not be too long before we are able to be rated
with A*** at the National level as well.
The popular magazine COMPETITION SUCCESS rated us last year as the
Best emerging B School in India likely to break into the league of Schools
of super excellent. We shall make every effort to get there soon.
12 ACCOUNT OF GIM
The Accounts for this year will be ready after the end of the financial year
ending 31st March, 2013.
However, the accounts of the last year showed a deficit of Rs. 571.09 lakhs
for the year and this year we expect to have a cash surplus of Rs. 78.89
lakhs for this year end despite a large depreciation charge. We have been
regularly repaying the Bank loan. This continued excellent finance
management has resulted in further strengthening our relationship with
our bankers. This is substantiated by the fact that additional loan to fund
our extension project as also an overdraft facility has been sanctioned by
the bankers and that too at the considered rate.