Convocation 2012 - Director's Report - Goa Institute of Management

Goa Institute of Management
Annual Convocation 2012
Director’s Report
24 th March, 2012
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Goa Institute of Management
DIRECTOR’S REPORT
Mr. Gopalakrishnan
Chairman
P.F.X D’ Lima
President & CEO
Dr. Ganguly, our very eminent Convocation speaker. Members of the Governing
Board, Distinguished guests, members of our Faculty, 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, very first at our Sanquelim Campus.
We are specially honored by our Convocation speaker for the day Dr A.S.
Ganguly former Chairman of Hindustan Lever, Director on the Board Unilever,
PPC and NV, with responsibility for worldwide research and technology. In
2006 he was awarded the honour of the Commander of the British Empire. In
2008 he was the recipient of the Economic Times lifetime Award and was the
recipient of the Padma Vibhushan. He is also nominated to Rajya Sabha and
sworn in on 30 Nov 2009. He is currently Chairman of ABP Ltd (of the Ananda
Bazaar Patrika Group) and was a Director on the Central Board of the RBI till
2009. He currently serves as a non-executive director of Mahindra & Mahindra,
Wipro Ltd, Dr.Reddy’s Laboratories and is a Member of the Advisory group for
Diageo India (Pvt) Ltd. He is a member of the Prime Ministers Council on Trade
and Industry as well as the India USA CEO Council set up by the Prime
Minister of India and the President of the USA. He has authored 3 books
Industry and Liberisation (1994), Strategic Manufacturing for Competitive
Advantage (1998) and Business Driven R&D-Managing knowledge to create
wealth (1999) besides several publications in Science Technology and
Management.
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We are grateful to Dr. Ganguly for inaugurating this campus earlier this
evening before this convocation ceremony which is the very first at this
campus. The Plaque at front of our admin office will be a constant reminder to
everyone at this institute of the very special connection that Dr. Ganguly will
always have to GIM. The Banyan tree planted by him will grow and will
represent the future growth of this institute at this campus.
Dr. Ganguly is not a newcomer to the Goa Institute of Management. In the past
he has visited our Ribandar campus and we have invited him to give the
keynote address for our symposium on the FMCG business. We recollect how,
at that time, he electrified the audience with his speech and provided a great
impetus to the Symposium.
Dr. Ganguly is known to be thinker and a motivational speaker par excellence
and although he tells me that with time he has lost some of that fire, I am quite
confident that our graduating students and our faculty would surely benefit
from the very sound advice he will give us as they graduate and launch their
careers from this institution that has surely added something new to their
outlook and to their capability.
Most of us have borne the pangs of the birth of this new campus and when our
chairman visited us once he had suggested we present each one from this
batch with a T-shirt which confirmed that you were pioneers of the Sanquelim
green campus. More recently we have installed a plaque that has your names
inscribed in stainless steel to commemorate for posterity your stay here.
Besides that plaque is one to remember the faculty and staff who bore the
brunt of the move from Ribandar to Sanquelim. There is also the project
control teams who have tried to do this best always, whom we specially must
mention today.
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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.
Before I do that I must give you the good news that as of now we have the AIU
clearance for equivalence of your PGDM with and that entitle you to do your
PhD.
1. NEW CAMPUS AT PORIEM IN SATTARI TALUKA.
The new campus is now complete and the project accounts are expected to
be closed very soon. Although the environment and the architecture are
most convenient for management education it is important that all of us,
and the batches who follow, make special efforts to ensure that it is well
looked after and improved further as there is most definitely scope for
further improvement.
The infrastructure of the campus is second to none in our country and we
shall all look forward to its successful utilization to heighten our
capabilities. We hope to improve our overseas collaboration, so as to
upgrade this potential and to participate in an ambitions programme for
the student’s individual growth, the growth of their capabilities and their
contribution towards the growth of GIM.
We must report that this project was largely completed within a
satisfactory time line of approx a year, though the tying up of a few loose
ends took a bit longer. The cost of the project was Rs.63 crores – 5%
higher than our original budget which is justified as the scope included
some items not originally envisaged. Out of the Rs.63 crores Rs.43 crores
was sourced through a term loan from the Bank of India, and we expect to
reach up to Rs.10 crores in donations. The remainder Rs.10 crores were
realized through internal funding of which Rs.3.6 crores was the original
corpus found.
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For the expeditious completion of the project we need to acknowledge the
support of most members of the Board who have lent their support by way
of donations, their valuable time and their guidance. The later part of the
project is usually critical, when all the loose ends have to be tied. For this
activity we owe a debt of gratitude to Mr. Pratapsingh Raoji Rane and Mr.
Raman Madhok who reviewed the project every Tuesday at site and
supported us with ideas and with pressure to maintain our time and cost
schedules. The Campus Development Committee with Mr. Shrinivas
Dempo, Mr. Dean Menezes, Mr. Raman Madhok and Ms. Swati Salgaocar
were always a support we could fall back on.
The architects Ms Somaya & Kallapa regularly visited the site and put up
the impressive architecture. M/s Vascon Engineers were our main
contractors in charge of all civil works and of some interiors. M/s Sterling
& Wilson and later R.K. Electricals executed the electricals and Ms
Vigneshwar and M/s Shree Manguirish, both franchisees of Blue Start
have done the HVAC. Most of the furniture has been done by Infiniti from
Pilerne.
We must acknowledge the support of the local Panchayat, the Town and
Country Planning Dept, and the Electricity and PWD and all the
government departments who willingly helped us ensure that the project
was not held up due to lack of approvals. We greatly appreciate the
support we received from the Government of Goa and the Education Dept
who have always been supportive of GIM and our activities.
2. FACULTY –
We have been increasing in our efforts to secure good faculty. Although we
have increased our numbers and our quality we shall continue to put in
all efforts to start the new academic Year 2012-13 with strength of at least
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42 full time faculty, and shall not cease our efforts till we reach strength of
50 competent full time faculty.
As we increase the strength of our full time faculty, we need to reduce
visiting faculty and restrict their numbers to areas where we do not have
In house expertise.
We also propose, in line with AICTE recommendation, to reduce 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 on the case
studies given so as to encourage independent individual study such that
in the class the faculty can stimulate and facilitate good discussion and
exchange of views in a learning experience, in line with our philosophy.
I am glad to announce the appointment of Prof. N. Sambandam as the new
Academic Dean of GIM and am confident that he will lead GIM to greater
academic heights.
Our faculty are the back bone of our institute and we look up to them to
set a good example in discipline, in diligence and innovative initiatives. We
must strive together to take GIM to even greater heights.
At our Annual Retreat on April 11 th and 12 th we hope to summarize the
changes propose in the curriculum for the next academic year. These will
no doubt follow from our approved philosophy and from our perspective
plan as also from some of the more recent AICTE recommendation.
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A detailed list of our faculty is given below.
GIM FACULTY (As on March 21, 2012)
Director: P.F.X D’Lima
A. Finance & Economics Designation
1. Arindam Dasgupta* Senior Professor
2. P. Saravanan* Professor (On sabbatical leave for 2 years, 2010-12))
3. R Nagarajan Associate Professor
4. Manish Parmar Assistant Professor
5. Abhishek Ranga* Assistant Professor
6. Amiya Kumar Sahu** Assistant Professor
7. Vinay Goyal* Assistant Professor
8. Kaushik Desarkar Assistant Professor
9. Joy Chowduary** Senior Lecturer
10. Fernanda Andrade** Research Associate
B. Marketing
11. A.V. Ramanacharyulu* Professor (Joining June 30, 2012)
12. Ajit Parulekar ** Associate Professor
13. Tarun Pasricha Associate Professor
14. Jagrook Dawra* Associate Professor (Joining June 11, 2012)
15. Ranbir Singh Sodhi Assistant Professor
16. Nirmalaya Bandyopadhyay** Assistant Professor
17. Kanupriya Katyal** Assistant Professor (Joining Sept 10, 2012)
18. Pravat Surya Kar* Assistant Professor (Joining April 02, 2012)
19. Ayesha Gonsalves Senior Lecturer
C. Systems /IT
20. Rakesh Shrivastava Professor
21. Manoj Chandra* Professor (Joining June 30, 2012)
22. Vithal Sukhathankar** Associate Professor
D. POM
23. P.F.X D’Lima Professor/Director
24. N Sambandam* Senior Professor
25. Prabir Kumar Bandyopadhyay* Professor
26. Raj V. Amonkar Associate Professor
27. Jaideep S. Gupte Senior Lecturer
E. OB & HRM
28. A.G. Balasubramanian* Professor – (On sabbatical leave has rejoined as Adjunct
Faculty)
29. C.M. Ramesh* Professor
30. Ranjini Swamy* Professor
31. Christo Fernandes* Assistant Professor
32. V Padhmanabhan** Teaching Associate
F. General Management
33. Debabrata Sen* Senior Professor
34. Raghuveer Vernekar Associate Professor
35. Cedric Serpes Associate Professor
36. Sanjay Kumar Associate Professor (Joining July 01, 2012)
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37. Divya Singhal* Assistant Professor
38. Hemant Padhiari* Assistant Professor
39. Darryl D’Souza* Assistant Professor (Joining Nov 01, 2012)
G. Adjunct Faculty
40. Subrata Majumdar Adjunct (Marketing)
*Ph.D,
**Pursuing Ph.D.
3 MODIFICATIONS TO OUR CURRICULUM
3.1 GIVE GOA – A CSR PROJECT
The GIVE GOA project which is a compulsory 4 credit course in our first
year course in which the 40 groups of 6 students each choose 40 NGO’s to
work with during the year, this which includes some classroom work and
20 Thursdays on the field. Under the broad guidance of the faculty
member and the GIVE GOA co-coordination team. This experiment, that
we have tried for the first time, has yielded excellent results in most cases.
Besides the student team making different types of contribution to the
NGO’s projects most of them were able to experience a valid experience in
learning of Social values and some of them have developed an emotional
bond with the people they worked with. We believe that they will continue
to maintain this bond and will guide their juniors in progressing the
success of this project next year as the new team of first year students
take up their social projects.
3.2 Reduced contact hours in class
As mentioned earlier it is proposed to allow students more time for the
preparation for their class and for analysis of their case studies.
This is in line with the recommendations of an AICTE committee which is
chaired by our Dean Prof. Sambandam
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3.3 ACCENT ON INNOVATION AND CREATIVITY
Last year we introduced a 2 day workshop run by Ivan Arthur, former
creative Director of the Walter Thompon and this produced good results
in kindling out of the box thoughts for managerial creativity.
We now have a course on Creativity and Innovation by Cedric Serpes and
this has encouraged a trend on creativity at GIM.
3.4 PROJECT ON REVIVAL OF SICK UNITS
GIM has undertaken to work with the Govt. of Goa to revive some sick
units in Goa. This is being due under the guidance of Prof. Debabrata
Sen and with the support of his students. As we have made a good start
the Govt. now proposes to take up 2 more sick units and GIM has agreed
to support this effort.
This exercise is being done as part of our course on entrepreneurship; A
step further in this direction will be an Incubation cell to be made
available to our graduation and to other entrepreneurs in Goa.
3.5 GIM choir – the GIM choir which was started last year by Prof. Chirsto
Fernandes has performed creditably. They were awarded a Distinction
with – 96% in the level 3 choir exam conducted by an examiner who came
from the Thames Valley University, London U K Mr. David Whitaker
The activities of the Choir are an important addition to our curriculum
though not part of our syllabus. Besides adding good music to our
environment here it is also an excellent training in team work.
Next year we hope to intensify this activity with greater active participation
of the students.
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3.5 THIRD LANGUAGE CLASSES
The third language classes are a great support in the making of a global
manager and are a must for some of our exchange programmes. They
also open larger national and international avenues for placement and
career development.
At some European institutes they are a prerequisite for grant of the MBA
degree.
We have made a good start here with competent teachers in German,
French, Spanish and Portuguese and hope to add Italian next year
4. EVENTS ORGANISED BY THE INSTITUTE
4.1 SAMRIDDHI 2011
The theme of the Samriddhi last year was Rural marketing and was
inaugurated by Nasser Munjee. Eminent speakers from the rural
scenario, Prof. Mithileshwar Jha (IIM Bangalore), Mr. Murali Vallaganti
(CEO – Rural Stores), Mr. Dilip Ranjekar (CEO-Azim Premji Foundation),
Ravi Venkataraman (CFO-Mahindra & Mahindra Financial Services Ltd.)
spoke and shared their experiences in the area of this very new and
powerful area that has contributed to very significant changes in the
market today.
Our students benefited very much from this Samriddhi and interacted
closely with some of the speakers and other participants of this
Samriddhi.
The samriddhi 2011 was held at this campus and for the first time was a
3 day event with several business competitions.
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4.2 WIZ BIZ – The WIZ BIZ 2012 was held on 25 th Feb, 2012 at the
Amphitheatre and brought together several participants from the
industrial world. The prize was sponsored by V.M. Salgaoncar and Bro.
and the associate sponsor was ONGC.
The Quiz master Avinash Mudaliar conducted the quiz again this year for
the 10 th time and once again complemented the participants and the
ambience of the quiz.
Rs. 1,20,000 were awarded in prizes. The winners were Jayakanthan
Ranganathan and Srikanth from TCS.
4.3 RIBANDAR TALKS
This year there has been a significant effort to conduct the series of
Ribandar Talks. We had 19 sessions as under:
LIST OF SPEAKERS
1 Mr. R. Gopalakrishnan - Our Chairman who spoke on Innovation
2 Prof. Amitava Sarkar – An eminent economist & Director of the
School of Management, West Bengal Institute of Technology.
3 Mr. Bjorn Lomborg – spoke on warp to tackle Global warming
smartly.
4 Mr. Raman Madhok – of CMI, shared experiences of his own life.
5 Mr. Walter Vieira – a well known marketing guru spoke on ethics &
Values.
6 Mr. Samar Singh Shekhawat – of UB Breweries shared his views on
the changing consumer in the markets today.
7 Mr. Ajit Kumar – GM-Manufacturing of Funskool India spoke on
fighting the Chinese competition in the Top market.
8 Mr. Prakash Telang – MD of Tata Motors spoke on the potential of the
Indian auto sector.
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9 Mr. Suvamoy Roy Choudhury – Director South Asia of Reckitt
Benckiser spoke on his experiences in Mergers & Acquisitions.
10 Mr. Sharu S. Rangnekar – spoke on Climbing the Corporate Pyramid.
11 Mr. Piyush Pandey – Chairman & Creative Director South Asia, Ogilvy
& Mather spoke on Creativity in Advertising.
12 Mr. Kurt Zetah – From Dow Chemical’s spoke on “The importance of
resilience – Managing a Global Sustainable Supply Chain”.
13 Mr. Ashank Desai – Spoke on “Going against the grain” – sharing his
experience on start up of Masteks.
14 Nuremberg Symphony (Orchestra) - Four member of the orchestra
together with the Panjim Symphony orchestra performed some better
known western classical compositions at out Auditorium.
15 Mr. Bala Balachandranan – of Kellogg-gave an interstice talk on a
case study of a product of P&G sold at Wall Mart.
16 Ms. Rashmi Bansal – spoke about her best seller “Stay Hungry, Stay
Foolish” and enthralled our students by sharing her experiences.
17 Mr. Sivanandhan – shared some most interesting experiences on the
war against corruption – his experiences in the Police Force.
18 Mr. B. D. Banerjee – shared his appreciation of the changes in the
Indian insurance scenario and how managers need to be more aware
of these changes.
19 Wine tasting workshop by SULA wines – This was a popular 3 day
workshop on the appreciation of wine tasting.
4.4 SANGAMAM – This is a festival of South Indian festivals in which all
students participate and has for some time become an annual festive at
GIM.
4.5 INCEPTION
This is the second year in a row that this popular event was organized at
the GIM Amphitheatre. The first half of the show consists of popular
performances by our very own GIM musicians. The second half was an
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event of Indian and western popular music by Goa’s very own Ravi Chari
on the sitar and a team of his musician who played a variety of musical
instruments with very popular fusion music.
An added alteration was a complimentary presentation of new varieties of
wine by the Sula Vineyand.
5. PAPERS PRESENTED BY FACULTY –
PUBLICATIONS–BOOKS/CHAPTERS, PUBLICATIONS, CONFERENCE
PROCEEDINGS, PUBLICATIONS IN BUSINESS MAGAZINES AND
NEWSPAPER ARTICLES.PUBLICATIONS OF CASES.
This year the best is rather extensive and is available in the printed
report.
Name of the
Author
Prof. Arindam
Das-Gupta
Books/chapters
Publication Details
Article on "Corruption". (Revision and responding to editors queries and page proofs)
Published in in KaushikBasu and AnnemieMaertens (Editors) The New Oxford Companion
To Economics In India, New Delhi: Oxford University Press, December, 2011.
Article on "Economic Analysis of India's Double Tax Avoidance Agreements",(Revision and
responding to editors queries and page proofs.) Article forthcoming in Development and
Public Finance: Essays in Honour of Raja J Chelliah, Edited by Profs. U. Sankar and D.K.
Srivastava, New Delhi: Sage Publications, 2012
Public Finance in Developing Countries – An update Article commissioned for "Development
Thought" Edited by David M. Malone, CEO, IDRC due by May, 2012 (Coauthored with
Professor Richard Bird, Rotman School, University of Toronto, Canada)
Ajit Parulekar “Future of Healthcare in India and Goa, 2011
Prof. Divya She has completed the task of reviewing Hindi Version of AA 1000 Stakeholders
Singhal
Engagement Standard (AA1000 SES), a project sponsored by Tata Council for Community
Initiatives. (TCCI). She has also recently completed the task of preparing Hindi Version of IS
16001 STANDARD ON SOCIAL ACCOUNTABILITY AT THE WORK PLACE-REQUIREMENT and
the draft has been sent to Bureau of Indian Standards for approval.
She contributed in development of Hindi version of SA8000; a standard on social
accountability, as a reviewer and this version is available at the website of Social
Accountability International (USA) at http://www.sa-intl.org. Many organizations and
professionals have been benefited from the Hindi version of SA8000.
She co-authored a book on ISO 9001 implementation published by PHI Learning Private
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Limited, New Delhi and now "Implementing ISO 9001:2008 Quality Management System - A
Reference Guide" - Second Edition is under print and expected to released soon.
Name of the
Author
Prof. Nirmalya
Bandyopadhyay
Prof. Christo
Fernandes
Prof. Prabir
Kumar
Bandyopadhyay
Prof. Arindam
Dasgupta
Prof. Ranjini
Swamy And
Prof. C. M.
Ramesh
Prof. Ajit
Parulekar
Publication details
Paper titled ‘Application of SERVQUAL and Kano’s model in determining
Service Quality in health club services: A study of the health club services in
an Indian metropolis’ has been published in FOCUS, Vol.6 No. 2, pp. 8-23
[Peer reviewed ISSN: 0973-9165] in 2011.
Paper titled “Marital Status, Management Level and Social Support
Differential in Organizational Role Stress among Doctors” has been
accepted for publication: European Journal of Social Science, March 2011.
A Review of the Causes and Effects of
Organisational Role Stress in Doctors- International Bulletin of Business
Administration - 2011
Paper (co-authored with Mr. S. S. Borkar) titled ‘Better Moisture Control in
Coke Manufacturing- A Case study’, Indian Journal of Science and
Technology (ISSN: 0974- 6846)
Paper titled ‘Use of sixsigma in adopting business excellence in indian
context’ has been accepted for publication at International Journal
Business and Management, Vol 6,No.10,October 2011 (ISSN:1183-3850)
Paper titled ‘implementation of TPM-some tips from evidence based
management’ has been accepted for publication at The Asset Management
& Maintenance Journal, October 2011 Vol 24 No 4 (ISSN: 1835-789X)
Public Finance in Developing Countries –An update.
Article commissioned for “Development Thought” Edited by David
M.Malone (CEO,IDRC), Ravi Kanbur and Rohinton Medhora, due by
May.2012 (Coauthored with Professor Richard Bird, Rotman School,
University of Toronto,Canada)
5 Current Public Finance Issues in Developing Countries.
Invited “anchor” speaker for a conference on Feb 23-24 at the Centre for
Study of Social Sciences,Kolkata.
"An Assessment of the Revenue Impact of the State Level VAT in India"
statistical analysis and paper written during Sept-Oct 2011 with assistance
provided by Fernanda Andrade Paper accepted for publication.
Forthcoming, Economic and Political Weekly. Available at
http/epw.in/epw/uploads/articles/16675pdf.
Ranjini Swamy and C.M.Ramesh (2011) The relevance of GVV approach to
management education in India. Accepted for publication in Journal of
Business Ethics Education, Vol 8
“Issue in Forecasting bed requirement using hospital records :
The case study of setting up a Burn Surgery Ward in a Government tertiary
hospital in India,” Journal of Hospital Organisation and Management
Information
National/
International
International
International
International
National
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Publication of cases
Name of the author
Publication Details
Prof. Divya Singhal
Case- Yuri Das & Singhal Divya (2011) Dial 108 in an Emergency, Asian
Case Collection, Nanyang Business School, Publication number- ABCC-
2011-001 Print copy Version- 10 March 2011 (INTERNATIONAL)
Prof. Christo Fernandes “Expert Pharmacy: Providing meaningful health products to
consumers” A Book of Selected Cases, Steel Authority of India Limited,
Management Training Institute, Volume XV.pp-78-90.
Prof. V. Padmanabham
Conflict Management at TKC Consulting– Richard Ivey School of
Business, The University of Western Ontario, IVEY publication, 2011.
Richard Ivy case publishing of Richard Ivey School of business, a leader
in providing business case studies to the leading B- school across globe
has shown acceptance to publish V. Padhmanabhan’ s case entitled
“internal competition — a curse for team performance and its teaching
note.
Conference Proceedings
Name of the
Author
Prof. Arindam
Dasgupta
Prof. Prabir
Bandyopadhyay
Prof. V.
Sukhathankar
Prof. V.
Sukhathankar
Publication details
Paper titled “Improving Fiscal outcomes: An assessment of 13 th
Finance commission recommendation” was presented in the
Conference on Promoting Fiscal Sustainability through
Strengthening Fiscal Institutions and Medium-Term Budget
Frameworks organized by National Institute of Public Finance Policy,
New Delhi and Fiscal affairs Department, IMF
In Invited presentation on "An The Thirteenth Finance Commission and
improving fiscal outcomes: An assessment", seminar on Promoting
Fiscal Sustainability through Strengthening Fiscal Institutions and
Medium-Term Budget Frameworks" National Institute of Public
Finance and Policy, New Delhi and Fiscal Affairs Department,
International Monetary Fund, New Delhi, April 21–22, 2011.
Presented a paper entitled ‘A Preliminary Evaluation of the Revenue
Impact of the State Level VAT in India’ has been Presented at the
Annual International Conference on Papers in Public Economics,
organized by the National Institute of Public Finance and Policy,
March 17-18, 2011, New Delhi. Prof Joy Chowdhury is the co-Author
of this paper.
Presented / published (Conf. proceedings) a paper (co-authored with
Mr. S. Lolithkar) titled ‘An application of principal component
analysis in supplier selection –A case study in the chemical industry
AT Global Supply chain Management
Conference,SUNNY,Plattsburgh,NY.24-26 th May,2011.
Presented a case study at the International case study
conference by IMT, Nagpur.
Presented a paper at the “4 th IIMA conference on Marketing in
Emerging Economies”, organized by IIM, Ahmadabad.
National/
International
International
National
International
International
International
International
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Prof. Amiya Sahu
Prof. Ranjini
Swamy
Prof. V.
Padmanabham
Shareholders' Wealth Creators and Destroyers in India: A Study of
Nifty Companies (2008-09), Conference on Emerging Capital
Markets: Issues & Challenges, Bharatidasan University, Trichinapally,
8-9 Jan. 2011
Exploring the Causality for FIIs' Investment Deviation in India:
Company Fundamentals or Individual Stock Returns (2001-2010),
Conference on Emerging Capital Markets: Issues & Challenges, held
at Bharatidasan University, Trichinapally, 8-9 Jan 2011
Financial Inclusion - Role of Product information, Conference on
Inclusive growth & Beyond: 26 th Skoch Summit - 9thThinkers and
Writers Forum, helad at Skoch Foundation, Mumbai, 2-3 June 2011
Sir M Visvesvaraya Co-operative Bank: Case of Innovative HR
Practices, Conference on Regional Seminar on Co-operative
Research for Asia Pacific, KIIT School Of Rural Management,
Bhubaneshwar held on 22-24 July, 2011
Exploring the Causality for FIIs’ Investment Deviations in India,
Conference on , Indian Finance Conference, IIM Bangalore, Held on
20-24 Dec. 2011
Ranjini Swamy and Jodi Detjen (2011) Promoting ethical behavior in
India: An examination of the Giving Voice to Values approach.
Presented in the Conference on Knowledge Globalization, held at
FLAME, Pune, India
International
International
National
International
International
Publication in Business Magazines and Newspaper Articles
Name of the Author
Prof. Arindamdasgupta
Prof. Ajit Parulekar
Publication details
Fisscal reform: Why not tackle the waste?”
Business Standard, April 25, 2011 available at
http://www.businessstandard.com/india/news/arindam-das-guptafiscal-reformnot-tacklewaste-/433372/
The case for an income tax amnesty”, Business
Standard, New Delhi, February 28, 2011 available
at
http://www.businessstandard.com/india/news/arindam-das-guptacasefor-income-tax-amnesty/426708/.
The Direct Taxes Code Bill: Keeping Alive
Corruption and Inefficiency. “Op-Ed” written and
submitted. Article accepted for publication.
Forthcoming in the Business Standard
“Over the counter Meds,” Gomantak Times
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List of Conf/seminars attended by the faculty (2010-2012)
Conference
Conference on Promoting Fiscal Sustainability
through Strengthening Fiscal Institutions and
Medium-Term Budget Frameworks organized by
National Institute of Public Finance Policy, New
Delhi and Fiscal affairs Department, IMF
Conference on Promoting Fiscal Sustainability through
Strengthening Fiscal Institutions and Medium-
Term Budget Frameworks" National Institute of
Public Finance and Policy, New Delhi and Fiscal
Affairs Department, International Monetary Fund,
New Delhi, April 21–22, 2011.
Annual International Conference on Papers in
Public Economics, organized by the National
Institute of Public Finance and Policy, March 17-18,
2011, New Delhi.
43 rd Annual Convention of Operation Research
Society of India & International Conferences on
Operation Research for Urban and Rural
Development, Madurai 15 th to 17 th Dec 2010.
Global Supply chain Management
Conference,SUNNY,Plattsburgh,NY.24-26 th
May,2011
International case study conference at IMT,
Nagpur.
“4 th IIMA conference on Marketing in Emerging
Economies”, organized by IIM, Ahmadabad in Jan
2011
Current Public Finance Issues in Developing
Countries Invited speaker for a conference on Feb
23-24 at the Centre for Study of Social Sciences,
Kolkata
Faculty
Dr.ArindamDasgupta
Dr.ArindamDasgupta
Dr.ArindamDasgupta
Dr. P. K. Bandyopadhyay
Dr. P. K. Bandyopadhyay
Prof. V. Sukhthankar
Prof. V. Sukhthankar
Prof. Arindam Das Gupta
Paper under Process of Publication
Prof. Divya Singhal/Ms. Fernanada Andrade Joint paper sent for publication “Towards
achieving Education for All:
SarvaShikshaAbhiyan(SSA) and its progress in Goa
State”
Prof. Ajit Parulekar “Role of packaging in prescription
pharmaceuticals,” submitted to Indian Journal of
Marketing.
Prof. Hemant Kumar Padhiari
Social Enterprises: enabling the differently enabled
submitted for publication
Stakeholder Involvement and cross Sectoral
Page 17 of 30/Director’s Report

partnership for service Delivery submitted for
Publication
Coproducing Service Delivery by State and
community Actors (Book to be submitted for
publication)
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.
- Lesser distraction here than at Ribandar Campus.
Whatever the reason we are pleased to report the large amount of
extracurricular activities and prizes won are under.
Page 18 of 30/Director’s Report

AWARD WON BY GIM STUDENTS IN VARIOUS COMPEDITIONS
Sr.
No
Event Name Organized By Team Name Members Prize/Award About:
1 Vidheyak 2011 IIM Bangalore
Team
Badrinath
Mayank Munot
Siddesh Devadas
Srinivasan M
Rahul Chauhan
Surprise Critic Award
Public Policy and
finance_Jaitapur nuclear power
plant issue
2
Prakalp_Avenues
2011
SJMSoM,IIT
Bombay
Ruchir Khanna
Shradda Thorat
Runners Up
Problems faced by IT industries
and solutions
3
Next Up_Eximius
2011
IIM Bangalore
Dev Ashish Aneja
Melroy D'Costa
Raju Kumar
Stood Third
Business Valuation
4 Mulyankan 2011 N.L.Dalmia Institute
Ashish Sharma
Mayank Munot
Won Trophy
Portfolio Management Exercise
5 Marksman
K.J.Somaiya
(SIMSR)
Abhimanyu Sukhwal
Article got published
Article for Marketing Magazine
of SIMSR
6
Prerana
2011,Sifar
NITIE,Mumbai Hosni Mubarak First Prize
Photography competition on the
theme - Power Of Simplicity
7 Lakshwiz,Lakshya NITIE,Mumbai
Team
Grameen
Rockenjit Sinha
Sarika Sinha
First Prize
Case Study Competition based
on SCM
Page 19 of 30/Director’s Report

Sr.
No
Event Name Organized By Team Name Members Prize/Award About:
8 Teach For India
Pranav Pai Vernekar
Vivek Pandey
Appreciation
Poster will be used for
campaigning purposes
Abhimanyu Sukhwal
9
Diesel Island
Shots
MICA,Ahmedabad
Team
Weasel
David Vaz
Kalpak Iyer
Sumit Singh Goraya
First Prize
Viral Marketing-Spoof from any
movie scene to create an add
10
Policy Drafting
Competition
NMIMS,Mumbai Ketan Ghatkar Second Prize
Article about the policy and also
a power point presentation
explaining the same
11
War Of
Wits,Ensemble
2011
XLRI,Jamshedpur
Team
Samaritans
Stuti Rai
Sonal Dubey
Ketan Ghatkar
Third Position
Recruitment Simulation
Game,Quiz and HR based
Case Study
12
Article in
Economic Times
Santanu Kundu
article published
Sovereign Wealth Fund not for
India-Our forex reserves are
liabilities, not assets
Written with the help of
Amarendu Nandy, ex GIM prof.
and currently Assistant pro. at
IIM Ranchi
13 Sigma Quant NMIMS,Mumbai
Team
Badrinath
Siddesh Devadas
Mayank Munot
Rahul Chauhan
Third Prize
financial quiz and presentation
on euro debt crisis
Page 20 of 30/Director’s Report

Sr.
No
Event Name Organized By Team Name Members Prize/Award About:
Rahul Chauhan
14 Chakravyuh IIM,Ahmedabad
Team
Summit
Eshita Batta
Srinivasan M
Ashwin Gadgil
Amit Purohit
Third Prize
a public policy competition
15
Management
Canvas
IIM,Indore
Shukti Basu
Article got shortlisted to be
published in the annual issue
amongst 100 other such articles
16 Confluence 2011 IIM,Ahmedabad Servesh Jasra Runners'-Up Bloomberg UTV Assignment
17
The
Revolusionist
Pamela Chandra
Sonal Dubey
First Prize
Teach for India-case study
competition
18
All Goa Inter
collegiate
business quiz
competition
S.S Dempo College
of Commerceand
economics,panjim
Swapnil Kamat
Second Runners' Up
Dempo Business quiz contest
2012
19
Students'
Parliament
Competition
Goa legislature
Forum
The entire team
Cedric De Menezes
Second Runners' up
trophy
Best Parliamentarian
trophy
Student Parliament
20
TATA CRUCIBLE
quiz competition
Ruchir Khanna winner Week 72
Page 21 of 30/Director’s Report

Sr.
No
21
Event Name Organized By Team Name Members Prize/Award About:
Young
Entrepreneur's
Forum
Business Plan
Competition 2011
Goa chamber of
Commerce
Colin Menezes,
Dev Ashish Aneja,
Deepika Agarwal,
Aseem Sharma
Runners up
22
Social B-Plan
competition
IFMR Chennai
Colin Menezes,
Dev Ashish Aneja
Winners
B-Plan competition
23
FLIP National
Challenge
FLIP
Santanu Kundu,
Aseem Sharma
Attained a position in
top 10
Certification on finance and
banking fundamentals
24 Anterprerna 2010 TISS Mumbai
Aseem
Sharma,Cedric De
Menezes
Runners up
Social Marketing Plan
competition
25 Marka Guerrera
FORE school of
management
Wingardium
Leviosa
Madhumitha J
Ruhi Ruperee
Second Prize
Creating an online marketing
strategy for Building Blocks,a
brand of educational toys
26 Quiz
SJSOM and IIT
Bombay
Ravi Kumar Agrawal
Ruchir Khanna
Third Prize
27 Quiz IRMA
Ravi Kumar Agrawal
Ruchir Khanna
Second Position
Page 22 of 30/Director’s Report

Sr.
No
Event Name Organized By Team Name Members Prize/Award About:
28 Quiz IIFT
Jatin Varshney
Vikash Kumar
Ravi Kumar Agrawal
Ruchir Khanna
First Prize
Second Prize
29 Abhigyaan IIM Shillong
Ravi Kumar Agrawal
Vikash Kumar
First Prize
30 Niveshak IIM Shillong Yatin Budhiraja Aricle got published
Article on "IFRS-Its implications
on India"
31
Monthly
international
magazine-
"Quality"
Rockenjit Sinha
Article published in
February 2011
edition
5S in maintenance-An example
from industry
32
State Level Inter-
Management
Institute
Presentation
Contest
Forum of Free
Enterprise in
association with
Vasantrao Dempo
Group
Ramachandra M S
Hosni Mubarak
First prize
Presentation Contest on
‘Probity in Public Life’
33 Samriddhi 2011
Goa Institute of
Management
Team Asha
Sumit Singh Goraya
Veera Redkar
Vikas Nair
First Prize
Social B Plan
Page 23 of 30/Director’s Report

Sr.
No
34
Event Name Organized By Team Name Members Prize/Award About:
AIMS
International
Conference
IIM - A
Anish Bhattacharya
Ashish Verma
Paper accepted at
conference
Paper on Bi-Channel Supply
Chain
35
India Finance
Conference
IIM - B Anish Bhattacharya Paper was accepted
Supply Chain Finance: Is it a
solution to supplier woes ?
36 Pratibimb TAPMI Anish Bhattacharya Article Published
Article on Operations in a
turbulent world
37
European Satellite
Navigation
Competition,
Portland, Oregon,
USA
North American
Regional Contest
Anish Bhattacharya
Selected among final
five ideas
Business Idea based on Mobile
Apps "Hitch on"
38 Bavaria Challenge
European Satellite
Navigation
Competition,
Munich, Germany
Anish Bhattacharya
Selected among final
five ideas
Business Idea based on Water
Pollution Sensors named
"SWIPS"
39
Radio Mirchi
Fresher's Talent
hunt-Hottest
Hunk
Radio Mirchi
Abhishek Chande
Winner of pan-goa
talent hunt program
based on
extraordinary singing
and mimickery
capabilities
One on One Interview at their
station in Panjim
Talent hunt
Page 24 of 30/Director’s Report

Sr.
No
Event Name Organized By Team Name Members Prize/Award About:
40
TiE Stree Shakti
awards
Abhishek Chande
Avishek Neogi
On-Field journalists
Articles
written by
them were
published
Channel V India
2012 Fest
Channel V and
Nokia
41
1
Most Worthy
Opponents
Dikshant Bag
Jose Paul
First Prize
A
parliamentary
Debating
Tournament
2
Spray Can Painting
Competition
Rutul Mehta
Veena G Menon
Sudhir K
Second Prize
Third Prize
Fourth Prize
Theme name -
TRANCE
3 Pop Star Singing Nandini Chaudhury Cleared Zonals
42
TATA CRUCIBLE
quiz competiton
Prithviraj Gupta winner Week 65
43
Inter Collegiate
Quiz
Department of
Information and
Publicity,Governme
nt of Goa
Nishadh Amonkar
Ameya Parsekar
Winner
Inter College
Quiz
Page 25 of 30/Director’s Report

Sr.
No Event Name Organized By Team Name Members Prize/Award About:
44 Simerations 2012
SYDENHAM,Mumb
ai
Vivek Saha
Mugdha Gupte
Dheeraj Pershad
Winner
HR event on Attrition
45 Simerations 2012
SYDENHAM,Mumb
ai
Vivek Saha
Mugdha Gupte
Dheeraj Pershad
Second
Tod Mod ke
Jod-A
Diversification
Strategy game
46 Stratinnova
KJ Somaiya,
Mumbai
Christina Issac
Sanmeet Sigh Walia
Winner
Print Ad
design for
Mercury
Travels
Page 26 of 30/Director’s Report

7 ADMISSIONS FOR THE YEAR 2012-14
While the rest of the Country saw a significant down turn in PGDM
applicants.
– Between 10 and 30% - We are glad to report that at GIM we saw an
improvement of 23% in our applications through XAT format. Although a
little late, we accepted the CMAT format also but were compelled to close
on 6th Jan, 2012 and we would have inadequate time to complete our
admission procedure.
We continue to try to maintain a best a diversity of disciplines as we can
for our admissions. Some of the IIM’s have reported that they have, this
year introduced a preference for diversity in graduating discipline and in
an attempt to achieve a better gender parity.
We feel proud that we took steps four years ago to improve our diversity.
As regards achieving a better gender balance GIM has traditionally been
preferred by young women who have for some time constituted 32 to 38%
of our intake.
We hope that with our all round activities we will attract a larger
component of applicant who will go into making better well rounded
managers.
8 APPROVAL OF FEE REVISION BY THE STATE FEE FIXATION
COMMITTEE:
The State Committee approved the fee hike for the next years from our
current Rs. 5.5 lakhs for the two year course to Rs. 9 lakhs for a
corresponding period in 2012-14. At this level of fee rise are marginally
lower than institutes of similar ranking, which fact is borne by the
increase in our applications after announcing the new fee structure.
Page 27 of 30/Director’s Report

9 PLACEMENTS
We can report a satisfactory placement performance. The number of
students placed so far is 207 and the remainders 13 are likely to be placed
very soon. The average salary is Rs. 7.79 & the median salary is 8 lakhs
which is marginally lower than last year, which is keeping with the general
trend in the Country. The highest is Rs. 13.07.
10 MDP’s
During the year we have executed a larger number of MDP’s than our
usual somewhat unsatisfactory record. However we have rejigged our
approach to MDP’s. We shall publish our MDP Calendar so as to achieve a
substantially better result for the next year.
11 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.
12 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.
Page 28 of 30/Director’s Report

The popular magazine COMPETETION 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.
13 ACCOUNT OF GIM
The Accounts for this year will be ready after the end of the financial year
ending 31 st March, 2012.
However, the accounts of the last year showed a deficit of Rs. 498.64 lakhs
for the year and this is expected to reduce marginally to Rs. 486.40 lakhs
for this year end. This is due to a large depreciation charge and we do not
have any cash loss to report. We expect to start paying back our loan from
this year but end 2012-13 with a small cash surplus.
14 NEW DIRECTOR FOR GIM
Most importantly I would like to report that next year you will certainly
have a new Director I am anxious to hand over the below operations to the
new Director selected by the Board who will raise GIM to a higher
academic level. I shall offer all help in a smooth transition, for an even
better performance of GIM next year and in the years to follow.
Page 29 of 30/Director’s Report

Goa Institute of Management
Sanquelim Campus
Poriem, Sattari
Goa 403505, India
Page 30 of 30/Director’s Report