IFMR GSB proudly presents Markshastra 2.0, the annual marketing magazine!
#IFMRGSB #Krea #Markaholics #Markshastra
Dr. Raghuram Rajan exclusively interacts with the Krea community, stating the role of an individual and nation in confronting the ongoing global crisis.
At IFMR GSB, Krea, we are listening more than ever before. Through thought-provoking interactions with global pioneers, subject matter experts, and experienced experimentalists who have dared to re-imagine the future, we are preparing for a continuous flow of ideas, knowledge, and wisdom from across borders- ideas sans borders.
For more information on the talk, click here.
#IFMRGSB #KreaUniversity
What are the rules in hostel? Is outing allowed? what is the curfew timing?
The campus is kind of isolated from the cities, as bein the SEZ. There is no restaurants and enjoyment for students nearby, What are the options for that?
Get to know how IFMR GSB overcame the barriers of the pandemic to ensure smooth learning for students.
For more information: https://www.mbarendezvous.com/ifmr-graduate-school-of-business-moves-to-seamless-learning-during-covid-19/
Apply at: https://ifmrgsbadmissions.krea.edu.in/?utm_source=Genesis
With a 50-year history, IFMR GSB has evolved from a research-based institution to a full-fledged business school enabled by interwoven learning.
Get to know about why IFMR is the perfect place for you to achieve your career goals as our MBA Admissions Chairperson and Corporate Relations and Career Services Head talk about it in the upcoming webinar.
Register now: https://us02web.zoom.us/.../101.../WN_BxpfiS2VQuuXn2Gbq3-2rw
Apply at: https://ifmrgsbadmissions.krea.edu.in/?utm_source=Genesis
IFMR-GSB, Krea University is hosting an interaction with MBA cohort on Post Covid Economic Recovery In India : Prospects and Risks on 18th December 2020, from 6:15PM to 8:00PM by Dr. Anantha Nageswaran.
Apply now for Admissions - https://ifmrgsbadmissions.krea.edu.in/?utm_source=Genesis
IFMR Graduate School of Business (GSB), Krea University organised a one-day virtual Research Symposium, focusing on ‘Inclusion’ and ‘Sustainability’. The Symposium discussed a wide range of topical issues and themes such as Financial Inclusion, Sustainable Finance, FinTech, and Digital Inclusion. Students, faculty, researchers and several attendees witnessed presentations and evidence-based research that answered burning questions on inclusion and sustainable development in our societies.
Dr Shobha Das, Dean-IFMR Graduate School of Business, delivered the inaugural address highlighting the three meanings of inclusion that aims to define the symposium such as social, financial, and digital inclusion. Later, Vice-Chancellor of Krea University, Dr Sunder Ramaswamy shared in his opening message about the relevance of hosting symposiums in today’s world and how it helps take the discussion forward.
Prof Karthik Muralidharan, Tata Chancellor’s Professor of Economics from the University of California, San Diego, was the keynote speaker of the symposium. His keynote address focused on an inclusive growth dividend, shedding light on the role of income transfers in India’s development strategy.
Thought leaders such as Dr Avik Sarkar from the Indian School of Business, Prof Lore Vandewalle from the Graduate Institute of International and Development Studies - Geneva, Prof Alex Edmans from the Centre for Corporate Governance - London Business School, and Dr Charity Troyer Moore from MacMillan Center - Yale University, also delivered seminars and lectures on a wide range of topics. In addition to discussing policies and reforms in the country, the symposium brought to spotlight the various Indian government initiatives. Rama Devi Lanka - Director, Emerging Technologies, Officer on Special Duty, ITE&C Dept, Government of Telangana - shared her insights on the government’s contribution to inclusion in technology as well.
'Post-Covid Economic Recovery In India: Prospects And Risks' With Prof V. Anantha Nageswaran || IFMR GSB, Krea University
It’s been a year since Professor V. Anantha Nageswaran - former Dean of IFMR Graduate School of Business and currently Adjunct Professor of Economics at Singapore Management University & Part-time member of the Economic Advisory Council to the Prime Minister of India - left the GSB campus and moved to Singapore. However, his connection with the university remains firm. In a recent webinar with students of GSB, Prof Nageswaran discussed in great detail the current situation of the Indian economy, sharing his insights on what the future looks like.
Contrary to what most think, this decade’s growth turned out to be better. Dubbing the pandemic as the finale of the economy, Prof Nageswaran elaborated on the various signs about India’s cyclical growth and how it may project itself to be on the strong side but we must not get too overconfident.
Some of the key takeaways from his lecture are-
1) The state of MSMEs
Amidst the pandemic, numbers indicate that MSMEs are placed in relatively better positions. The COVID situation might not have impacted all the sectors equally, but we can see that there is still a large majority of MSMEs across sectors that are structurally strong and will be better placed in the current economic challenges.
2) About the Indian Rupee & GDP
IMF projects India’s GDP at 3 trillion dollars in the next decade. IMF also expects the Indian Rupee to depreciate every year, predicting a 5-6 % Real GDP growth in Dollars in the next 5 years. They also predict that there will be a 5-8 % growth in Rupee terms in the next 5 years. India’s per capita GDP growth is only 3.2% in this decade compared to last decade’s 12% growth (expressed in Dollars). However, from 2014-19, India doesn’t look too bad having done better than other countries such as the Philippines, Malaysia, and Sri Lanka.
If one were to look at why India’s per capita GDP growth was one of its worst, numbers showcase that the Indian Rupee appreciated by a high margin in the last decade while it depreciated to a great degree in this decade. Keeping this in mind, if countries have a higher inflation rate, their currency will weaken to the extent of the inflation difference. So, if India’s inflation rate increases when compared to the USA’s inflation, the Indian Rupee will depreciate 4% every year compared to the US dollar.
3) Analysing the economic state of China
The gap between China’s GDP and debt is fairly significant and seems almost unreachable. If the GDP is scaled by debt for both India and China, for every 1 dollar of GDP that India generates, the debt is 90 cents. But China has more debt when compared to India. Therefore, in the future, China would have to spend a lump sum in paying back the debt. It is believed that in the coming years, India has the potential to borrow and make investments, thus grow its GDP.
Because of China’s debt problem, India might attract the supply chain - one of China’s specialties earlier. But this may result in violence and cyber-attacks as retaliation.
4) Removing barriers for investments
Inflation transfers debt from creditors to debtors. So, countries with a higher debt try to increase their inflation and technically (not legally) default on their debts. This leads to the real interest rate coming down, like in the case of the UK where it fell to -15%.
FDI inflows are, however, increasing. Net equity inflows into the Indian equity stock market is much higher than what it was in the last 20 years. The challenge now is to deploy this capital in valued investments. Therefore, the Government of India is taking several steps towards this direction in the form of MSME norms and farm bills that are looking into removing barriers for investments.
In conclusion, Prof Nageswaran shared that while it has been difficult, post-COVID recovery is better than expected both in terms of health and macroeconomics. In the face of growth, the way forward is by focusing on being productive, efficient, and aware. In his words, we need to remove the fear of growing but must not stray too far that we end up over-investing. Instead, we need to make informed decisions and ensure that growth is beneficial and sustainable for all.
Apply now for Admissions - https://ifmrgsbadmissions.krea.edu.in/?utm_source=Genesis
'Post-Covid Economic Recovery In India: Prospects And Risks' With Prof V. Anantha Nageswaran || IFMR GSB, Krea University
It’s been a year since Professor V. Anantha Nageswaran - former Dean of IFMR Graduate School of Business and currently Adjunct Professor of Economics at Singapore Management University & Part-time member of the Economic Advisory Council to the Prime Minister of India - left the GSB campus and moved to Singapore. However, his connection with the university remains firm. In a recent webinar with students of GSB, Prof Nageswaran discussed in great detail the current situation of the Indian economy, sharing his insights on what the future looks like.
Contrary to what most think, this decade’s growth turned out to be better. Dubbing the pandemic as the finale of the economy, Prof Nageswaran elaborated on the various signs about India’s cyclical growth and how it may project itself to be on the strong side but we must not get too overconfident.
Some of the key takeaways from his lecture are-
1) The state of MSMEs
Amidst the pandemic, numbers indicate that MSMEs are placed in relatively better positions. The COVID situation might not have impacted all the sectors equally, but we can see that there is still a large majority of MSMEs across sectors that are structurally strong and will be better placed in the current economic challenges.
2) About the Indian Rupee & GDP
IMF projects India’s GDP at 3 trillion dollars in the next decade. IMF also expects the Indian Rupee to depreciate every year, predicting a 5-6 % Real GDP growth in Dollars in the next 5 years. They also predict that there will be a 5-8 % growth in Rupee terms in the next 5 years. India’s per capita GDP growth is only 3.2% in this decade compared to last decade’s 12% growth (expressed in Dollars). However, from 2014-19, India doesn’t look too bad having done better than other countries such as the Philippines, Malaysia, and Sri Lanka.
If one were to look at why India’s per capita GDP growth was one of its worst, numbers showcase that the Indian Rupee appreciated by a high margin in the last decade while it depreciated to a great degree in this decade. Keeping this in mind, if countries have a higher inflation rate, their currency will weaken to the extent of the inflation difference. So, if India’s inflation rate increases when compared to the USA’s inflation, the Indian Rupee will depreciate 4% every year compared to the US dollar.
3) Analysing the economic state of China
The gap between China’s GDP and debt is fairly significant and seems almost unreachable. If the GDP is scaled by debt for both India and China, for every 1 dollar of GDP that India generates, the debt is 90 cents. But China has more debt when compared to India. Therefore, in the future, China would have to spend a lump sum in paying back the debt. It is believed that in the coming years, India has the potential to borrow and make investments, thus grow its GDP.
Because of China’s debt problem, India might attract the supply chain - one of China’s specialties earlier. But this may result in violence and cyber-attacks as retaliation.
4) Removing barriers for investments
Inflation transfers debt from creditors to debtors. So, countries with a higher debt try to increase their inflation and technically (not legally) default on their debts. This leads to the real interest rate coming down, like in the case of the UK where it fell to -15%.
FDI inflows are, however, increasing. Net equity inflows into the Indian equity stock market is much higher than what it was in the last 20 years. The challenge now is to deploy this capital in valued investments. Therefore, the Government of India is taking several steps towards this direction in the form of MSME norms and farm bills that are looking into removing barriers for investments.
In conclusion, Prof Nageswaran shared that while it has been difficult, post-COVID recovery is better than expected both in terms of health and macroeconomics. In the face of growth, the way forward is by focusing on being productive, efficient, and aware. In his words, we need to remove the fear of growing but must not stray too far that we end up over-investing. Instead, we need to make informed decisions and ensure that growth is beneficial and sustainable for all.
Apply now for Admissions - https://ifmrgsbadmissions.krea.edu.in/?utm_source=Genesis
Why should you pursue Marketing at IFMR GSB?
-Professor Amar Saxena, Marketing Area Chair, MBA (IFMR-GSB) answers your question.
Krea’s approach to reimagining higher education ensures equitable access to students from across society. A select number of scholarships are on offer, including three full scholarships up to 100%.
Know More : https://krea.edu.in/ifmrgsb/mba-admissions-2/
Apply now for admission: https://ifmrgsbadmissions.krea.edu.in/?utm_source=Genesis
Why should you pursue Data Sciences at IFMR GSB?
-Professor Amit Das, Data Sciences Area Chair, MBA (IFMR-GSB) answers your question.
Prof Harminder Singh, Associate Professor in Business Information Systems at AUT Business School, Auckland University of Technology (New Zealand) delivered a seminar on Digital Inclusion at IFMR GSB's Annual Research Symposium 2020. It explored the different facets of digital inclusion, while also examining its role in improving equity and equality in societies. In his session. Prof Singh also suggested ways that businesses can participate in strengthening digital inclusion.
Watch now : https://youtu.be/g5UuQ4aq9Ao
Dr Madhuri Saripalle - Associate Professor of Economics at IFMR GSB, Krea University - co-authors a chapter on Mango Value Chains in India as part of an edited volume titled 'Transforming Agriculture in South Asia: Role of Value Chains and Contract Farming'.
Published by Routledge, the study analyses the numerous markets and value chains for mango namely HOPCOMS, SAFAL, APMC and pre and post-flowering contracts with wholesale agents that have different implications for farmer profitability.
IFMR Graduate School of Business, ensures a streamlined learning process even in the unprecedented times through effective online classes. The online classes are designed to be interactive and ensures active participation from students and faculty. IFMR believes in the idea of 'practical learning' and incorporates it in the pedagogy in every way possible through case discussions and guest lectures. Here is a glimpse of the academic life in IFMR GSB.
Apply for admissions to IFMR GSB now: https://ifmrgsbadmissions.krea.edu.in/?utm_source=Genesis
Last date to apply for Round 1- March 15, 2021
IFMR Graduate School of Business, celebrated the 72nd Republic Day 2021 on Campus, with a flag hoisting ceremony. Here is the glimpse of the day.
FINCODE 2020
IFMR is known for its finance specialization of MBA; therefore, the Finance Committee at IFMR GSB believes in living up to this reputation. However, the path ahead had its fair share of challenges when members of Arthasabha Committee - 2020-21 set foot into the committee. With virtual learning and working being the theme of 2020, the committee decided that irrespective of the medium, the show must go on. And thus, the first event took place at the end of December, 2020. The primary aim of the event was to convey to the students of IFMR that even complex subjects like Finance could be fun to learn. This was brought out in the form of ‘FinCode 2020 – Decode to Unfold’ - an event designed in such a way that participants cannot help but have fun with numbers, in the backdrop of a treasure hunt using a map from the world of finance.
FinCode 2020 included five rounds, where participants unlocked an important clue at the end of each round. Participants were made to team up in twos, with the first three teams completing all the rounds ending up as the winners. Apart from the prize money, the knowledge that the participants gained by playing this game was the real treasure. Each round included an innovative way of introducing participants to various nuances in the finance world. The first round was a business quiz with interesting questions. The second round was a picture puzzle on bankruptcy. The third round was a crossword puzzle on investment. The fourth round was a puzzle around the Navaratna Companies. Finally, the last round was a jigsaw puzzle with a riddle to solve at the end.
40 teams actively participated in the event, wherein the winning team and the two runner-up teams were awarded a cash prize INR 1100, INR 800 and INR 600 respectively. Irrespective of who won and lost, all the participants had a thrilling ride throughout the event.
A virtual event such came with its set of twists and turns, capturing the spirit of the times. But it also displayed the committee’s commitment to stick through thick and thin and clock in an event that ensured everybody had a great learning experience.
KOMPATIBILITY
The Data Analytics club at IFMR GSB, founded in 2019, endeavours to engage students in business through data tools and analytical techniques. In line with its mission, the club conducted a three-day event-cum-fun business activity (from 18-21 January 2021) titled “Kompatibility”. The event focused on giving students a detailed exposure to various aspects of data analysis such as statistics, logical reasoning, using excel for creating infographics, et al.
The event, open to both junior and senior batches, recorded a participation of 50 students, with prizes worth INR 3,500 up for grabs. It was further divided into three rounds, of varying degrees, assessing the problem-solving capabilities of students.
The first round – “Finding Nemo” – required all participants to solve a password-protected excel sheet based on a dataset of 5-6 questions. Upon successfully cracking the password, they would get to know the name of their partner and would progress to the next round with him/ her. This mystery element kept the participants hooked to the game, eager for the next round.
In the second round – “Serendipity” – teams had to answer a quiz of 25 questions based on data analytics, logical reasoning and statistics. The round had a weightage of 80% of the total scores of the event. This particular round tested their quantitative aptitude and improved team coordination.
In the final round – “The Last Ride” – teams were given the task of creating infographics inspired from one or more incidents from the year 2020. The infographic entries were then posted on the Analytics Club’s official Instagram handle. Eventually, the scores were given based on the number of likes received on each post and they held an overall weightage of 20%.
The cumulative scores for both the second and third rounds were considered to determine the winner and runners up of the event. While participants did not essentially receive a tangible prize, the thrill behind each round made up for everything.
This mind-stimulating event truly helped students understand the importance and inevitability of data analytic tools in business functions. The Club aims to organise more of these interactive events that deep-dives and explores the different facets of data analytics.