ALMA Matters - Jamnalal Bajaj Institute of Management Studies

January 2015
JBIMS Alumni Newsletter
ALMA Matters
Happy New Year 2015!
Special points of
interest:

Bhoomi Poojan

Alumni Chapters—2014!

Summer Placements 2014

The New Admission Process for
the Batch of
2017
Inside this issue:
Bhoomi Poojan
2
Alumni Chapters—
2014!
3
The New Admission Process
4
Summer Placement Report
5
Guest Lectures
6
Student Achievements
7
JBIMS in Media
8
Upcoming Events
9
Page 1
We would like to
wish all our alumni a
very Happy and Prosperous New Year 2015!
As we begin a new
chapter, we want you to
be an integral part of
our journey. You, our
Alumni, are our biggest
strength of JBIMS.
We are excited with
the new strides our Institute is making. We
thank you for your help
in terms of contribution
towards the autonomy
and funds for our new
campus.
Our new journey is
about establishing ourselves as a global brand.
Be it the new admission
procedure or the syllabus, change is here.
We would also like
to thank you for helping
us with activities like
CV validation, mock
interviews and corporate mentorship. Your
help and guidance have
helped us ensure that
Happy New Year
2015!
The Golden Jubilee
Year
the calibre of placements keeps improving
year on year.
From 1965—2015,
JBIMS has completed
50 glorious years! We
look forward to your
continued support.
Nostalgia 2015
The annual JBIMS Alumni
Meet, Nostalgia, has been scheduled on Saturday, March 07,
2015. This time, it would mark
t h e Go l de n J ubi l e e ye a r
for JBIMS.
We invite you to join us in the
celebrations . We are certain this
will be a wonderful platform for
everyone to catch up with old
friends and stay connected with the
institute.
January 2015
Bhoomi Poojan
The iconic Jamnalal Bajaj Institute of Management Studies (JBIMS) in Churchgate will
have a world-class second campus at Kalina soon.
A host of major dignitaries from the corporate
world joined together to commence the Bhoomi
Pujan ceremony, which was performed on the 1 st
of October, 2014 at the University of Mumbai,
Kalina.
Former JBIMS students like Sam Balsara,
Noshir Kaka, Chanda Kochhar and Ajay Piramal
have come together to raise funds for the new institute. The alumni body has raised Rs 85 crore,
of which Rs 30 crore has been contributed by the
Jamnalal Bajaj Trust.
The institute plans to offer state-of-the-art
infrastructure at the new building at Kalina and
increase the capacity to 1,500 students. At least
15% seats will be reserved for international students. The alumni body also plans to get international faculty on board.
"Since the shape of the land is triangular,
the architects are sweating it out to design the
new campus. However, we are hoping to erect
three buildings housing academic and administrative departments. The hostel, gymkhana,
sports facilities and convention centre are there
at the Kalina campus, across the road, which we
can easily share," said Dr. Kavita Laghate, incharge director of the institute. The institute
would be able to offer more seats in the regular
two-year postgraduate programme and launch
few innovative courses once the campus is ready
in the next two years.
Bhoomi Pujan for new campus at the University of Mumbai, Kalina
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ALMA Matters
Alumni Chapters - 2014!
”Like branches of a tree, our lives may grow in different directions, yet our roots remain as one...”
The Alumni Chapters were held between 8th November 2014 – 15th November
2014 in 9 different cities in India and across
the world. We witnessed some of the highest
turnouts of all time in cities like Delhi, Bangalore and Dubai. The international chapters
were organized in New York after a gap of 2
years and in London after a gap of 1 year. We
thank our alumni around the world for their
support in making these annual gatherings
memorable!
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India Chapters
The Pune Chapter was held on 8th November 2014 at The Residency Club, witnessing a turnout of 28 alumni. Our alumnus, Mr.
Deepak Chandvadkar (batch of 1975) assisted
the Alumni Committee in organizing the chapter. The alumni enjoyed sharing their stories
from their JBIMS days and the chapter ended
with all reciting the JBIMS Anthem of
“Hamara Bajaj”
Continued on Page 10...
January 2015
The New Admission Process for the Batch of 2017
Jamnalal Bajaj Institute of Management
Studies, consistently ranked among the top BSchools in the country, is undoubtedly one of
the most sought after management institutes.
According to recent ratings by an online assessment website, JBIMS is rated among the top 5
management colleges in India for finance and
among the top 15 colleges for marketing. As
we march into our golden jubilee year, we feel
proud to inform you that we have attained
autonomous status and in accordance with the
same, the two year full time masters in management studies (MMS) programme, an
equivalent to Masters of Business Administration course, admissions to which were previously under the jurisdiction of the Directorate
of Technical Education, Maharashtra, and
M.Sc. (Finance) programme will now be administered internally by our institute, under
the able guidance of the Academic Board
comprising of noted alumni, internal faculty
and University representatives.
The autonomy brings in a lot of changes
for the aspirants as they can explore opportunities to build on an outstanding professional
track record through exposure to excellent faculty of our institute and leading industrialists of
India. It will give more options and freedom to
our institute and students in various aspects. It
will also help in fostering better quality of students as our institute will have the discretion of
selecting the aspirants.
The admission process will be selective
for both MMS and M. Sc. Finance courses. The
process is conducted through online applications and the institute has not floated any
physical forms for the same. We have received a great response in terms of applications
coming in for the admission from all across the
nation. The other basic criteria for admission
remain the same. One significant change that
we are looking at is that once the candidates are
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shortlisted, they will have to go through a personal round which may consist of group activities, personal interview and written ability test; for foreign nationals residing outside
India, the same will be conducted over Video
Calls and VoIP. Foreign Nationals, NRIs,
PIOs can apply through GMAT scores taken
on or after January 2011. The combined
score of the entrance exam, past academic performance and extracurricular activities will be
considered.
The current intake remains the same
at 120 students for our flagship MMS programme. However, a new building is proposed for the Institute at the Kalina campus of
the Mumbai University and we are planning
to increase the number of seats gradually
once we shift to the new building. The fee
structure for the batch of 2015-17 is in the
final stages of formulation.
With its legacy of 100% placement record and high pay packages bagged by the students post their graduation, JBIMS is the top
choice for many. With the recent progress, we
are expecting a fresh pool of young minds that
are hungry for knowledge to join our institute
and excel in all aspects. We aim to become
the number one college and the first choice
of management aspirants in India. We have
already taken a huge leap in that direction.
With hard work and efforts of our director,
faculty and staff we are making progress towards this dream at a good pace.
We aspire to give a new meaning to the
word excellence and in this endeavour we are
supported by our illustrious alumni, spread
all over the world, who have come together to
give a new direction to our now autonomous
business school, in the form of a new curriculum, a new intake policy, a new campus and
a new energy and vigour to march towards
greater heights.
ALMA Matters
Summer Placement Report 2014
“We are what we repeatedly do. Excellence, then, is not an act, but a habit.”
The recently concluded summer placements at Jamnalal Bajaj Institute of Management Studies bear
testimony to this adage. By securing 100% placement record, JBIMS has set standards of consistency
and has offered its students a gamut of profiles in the corporate space.
However, the icing on the cake for this placement season was that two of the most coveted consulting
firms, McKinsey & Co. and The Boston Consulting Group were a part of the recruitment process.
This was the first time in the history of JBIMS that The Boston Consulting Group had come to recruit
students for their summer internships. Firms
such as JLL and DTZ also offered roles in consulting.
Over the years, the BFSI sector has been the
largest recruiter. This year being no different,
the sector recruited one third of the batch, offering them diverse profiles in investment banking, retail banking, equity research and strategic
business management. The companies in this
sector were the top-notch names in finance –
ICICI Bank, Citibank, JP Morgan, Standard
Chartered Bank, HSBC, Goldman Sachs, to
name a few.
Batch Strength
117
No. of Registered Companies
71
No. of Participating Companies
65
Average Stipend
INR 1,17,000
Highest Stipend
INR 3,35,000
FMCG sector consisted of companies like Hindustan
Unilever Limited, Procter & Gamble, Marico and
Colgate-Palmolive, offering roles in sales and marketing. Hindustan Unilever Limited and Procter and Gamble also offered profiles in corporate finance. Apart
from the FMCG giants, various pharmaceutical companies also recruited many students. The institute
saw companies like Abbott, BMS, Merck Pharmaceuticals, Janssen and DSM offering students
profiles in the sales and marketing field.
Diverse profiles were also offered to the students in sectors such as real estate, chemical and manufacturing by leading business conglomerates such as Mahindra & Mahindra, Schlumberger, Tata
Steel, Raymond, Godrej & Boyce, AkzoNobel, Maersk Shipping, Larsen and Toubro, Mattel
Toys, Coldwell Banker, etc. These companies offered roles in Strategy, ERP, general management
and business process consulting. Tolaram Group also offered sales and marketing roles based out of
Nigeria.
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January 2015
Guest Lectures







Mr. Karthik Natarajan, CFO, P&G India, conducted a session to give management students an insight into what goes behind the stage in the world's biggest organizations.
Ms. Alpana Gupta, India Strategy Leader, Cummins India Ltd. spoke about the importance and function of strategy and in-house consulting in an organization
Mr. Indraneel Das, VP Consulting System and Integration at Ericsson, in his interaction
with the students focused on Network Society and exclaimed that network society is a big
vision enabling every industry to reach its full potential
Mr. Bhupesh Agarwal, an alumnus of the 2004 batch and currently associated with ICICI
Bank, in his interaction with the students, shared his valuable insights on Group Discussion
and Personal Interview
JBIMS had the pleasure of hosting Ms. Harshala Chandorkar, Senior Vice-PresidentConsumer Relations & Communication, CIBIL for a guest lecture on "Credit Bureaus and
Financial Inclusion"
The 'CEO Connect Series', a unique initiative by the Confederation of Indian Industry
(CII), that brings together stalwarts from the industry to share their knowledge with the students, was conducted at JBIMS
JBIMS hosted Dr. Devra Davis, renowned epidemiologist and author of the award winning book 'Disconnect-The Truth about Cell Phone Radiation', and Mr. Prakash Munshi,
our alumnus of the Batch of 1968
Mr. Indraneel Das
VP, Consulting System and Integration, Ericson
Mr. Karthik Natarajan
CFO, P&G India
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ALMA Matters
Student Achievements
Competitions
As the competition season picks up, the students of JBIMS have upped their game and showed their
skills by participating and winning various B-school as well as corporate competitions. The following
the list of achievements by the students:



All India Runners-Up at Venture Challenge, IIM-A Amatheon 2015
National Finalists at Rural Crusaders, IIM-A Amatheon 2015
National Finalists in P&G CEO Challenge
India’s 30 most employable management graduates
InsideIIM conducted a competition on India’s 30 most employable management graduates from the
class of 2015. The competition involved the students volunteering to submit their names for the competition. After this the students were required to submit their resumes along with a write up which involved answering a few questions given by InsideIIM. The resumes and write ups were then evaluated by a group of recruiters who have years of experience in recruiting management graduates.
The list featured 2 students from JBIMS:

Vineet Ranade

Ramalingam Subramaniam
The Batch of 1981 Scholarship Awards
Keeping with tradition, the alumni of
1981 awarded the students of MMS 2015
for all-round performance in MMS I and
for best performing student in finance and
entrepreneurship. The best of the students
were selected after a round of merit based
shortlisting and rigorous interviews conducted by our very own alumni. The winners are:



The Ram Mohan Menon Award:
Best Male Student - Hanoz Chhoga
The Sabeena Bakshi Award:
Best Female Student - Shreya
Sharma
The Gopal Rajagopalan Award:
Best Student in Finance and
Entrepreneurship - Vineet Ranade
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January 2015
JBIMS in Media
CEO Connect Series
On 13th October 2014, the Confederation of Indian Industry
(CII) organized a special session
with JBIMS students on campus,
for a dynamic discussion on business, economy and the investment environment in India.
Amongst the CII panelists were
present Mr. Sunil Mathur, MD &
CEO of Siemens Ltd, Mr. Ninad
Karpe, MD & CEO of Aptech
Ltd, Mr. Ashwini Malhotra, MD
of Weikfield Foods, Chairman of
CII Maharashtra State Council
and a 1981 alumnus and Mr. A.
Desai, co-founder, Mastek.
ET Now: Back to School
The annual Feature “Back to
School” of ET Now was shot at
JBIMS and featured a discussion
with an eminent panel of investment experts enjoying a healthy
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debate amongst themselves and
conversing with JBIMS First
Year students about finance and
markets. The panel consisted of
Mr Ratnesh Kumar - Additional
Director and Managing Director
on the board of Standard Chartered Securities (India) Limited,
Mr Nilesh shah, MD & CEO of
Envision Capital India and Mr
Pradip Shah, Founder of IndAsia.
JBIMS at the top in B-School
Rankings
CareerAnna has ranked JBIMS
among the top 15 B-schools for
Marketing and in the Star Cluster
(Top 5) for Finance in their rec e n t l y r e l e a s e d r a n k i n gs
Alumni in the Spotlight
Ms. Chanda Kochhar, MD &
CEO, ICICI Bank, was conferred
with the prestigious Doctor of
Laws by Carleton University,
Canada, for her pioneering work
in the financial sector and her
support for engaged business
practices, on 17th October 2014.
With this achievement, she joins
honorary recipients like Kofi
Anan, Mikhail Gorbachev and
Aung Sang Suu Kyi.
The Economic Times carried an
article on 21st October 2014 on
Mr. Anjan Chatterjee, Founder,
Specialty Group of restaurants
where he talked about his flagship brands Oh! Calcutta and
Mainland China and how a marketing management degree from
JBIMS and from Indian Institute
of Hotel Management introduced him to the wonders of 5
star food flavors at non 5 star
prices.
ALMA Matters
Upcoming events at JBIMS
Nostalgia 2015, the annual JBIMS alumni meet, is scheduled on 7th March, 2015. Being the
50th year of JBIMS, celebrations will be grand. This year at Nostalgia, the batch of 1990 (silver
jubilee batch) and the batch of 2005 (decade batch) will be felicitated. The event will have lots of
thrilling performances from our students and inspiring speeches from our alumni.
The annual corporate and inter B-school competition, Prayaag- the flagship event of JBIMS will
be tentatively held on 28th Feb and 1st March. It has been a platform for best B-school talent
from across India to challenge their potential and prove their mettle in business acumen.
The International Research Conference (IRC) will be held on 4th and 5th March 2015 this
year and will be organized at a grand scale at the Trident. The IRC was introduced in 2012 with
the aim of providing an opportunity to scholars and researchers to come together on a common
platform and discuss the various problems plaguing the global economy and leave an impeccable
mark in the field of academic and research excellence. The theme for this year’s conference is
‘Revolutionizing business, fuelling growth’.
Strategym- The Annual Business Convention is a congregation of prestigious speakers and the
best place for sharing ideas on future developments in the industry.
JBIMS has over the years been a hub of ideas and innovation. The annual corporate symposium
‘Samanvay’ is a platform which has flourished in bringing about this confluence of thoughts.
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January 2015
Alumni Chapters - 2014!
…….Continued from Page 3
The Delhi Chapter was held on 15th November 2014 at the Deck Suite, India Habitat
Center, New Delhi. Over 40 of our alumni
based in Delhi, Gurgaon and Noida attended
the event. Our alumni, Ms. Guljit Chaudhri
(batch of 1977) and Mr. Albin David Rebello
(batch of 1984) helped in co-ordinating the
chapter. A montage of clips, showcasing the
major events at JBIMS in 2014, were screened.
The Bangalore Chapter was held on
15th November 2014 at The Bangalore Club. 31
alumni attended the event. Our alumnus Mr. I P
Suresh Menon, from the batch of 1978, helped
us in co-ordinating the event.
The Chennai Chapter was held on 15th November 2014 at Minar – The Savera Hotel. Our
alumnus Mr. Prasanna Ramasubramanian
(batch of 2006) organized the meet.
International Chapters
The London Chapter was held on 4th
November 2014 at ‘Carom at Meza’ in
www.jbimsalumni.org
Westminster, London., witnessed a turnout of 7
It was co-ordinated by our alumnus, Mr. Uttam
Gadkary from the batch of 1982.
The California Chapter was held on 8th
November 2014 at the Mango Garden. Our
alumnus, Mr. Kaushik Joshi from the batch of
1996,
organized
the
event.
The Hong Kong Chapter was held on
12 November 2014 at the Tivo Wine Bar. Our
alumnus, Mr Aditya Samant (batch of 1992),
helped in organizing the meet.
th
The Dubai Chapter was held on 14th November 2014 at the residence of our alumnus,
Mr. K Rajaram (batch of 1979), who hosted the
event. Our alumnus, Mr. Kunal Telawane
(batch of 2007) also assisted in organizing the
event. Over 40 alumni attended the meet.
The New York Chapter was on held on
15th November 2014 at the Public, a Michelin
star awarded Restaurant. This chapter was held
after a gap of 2 years. Our alumna, Ms. Maitri
Kumar (batch of 1985) assisted in organizing
the event.
We hope you enjoyed reading ‘Alma Matters’. For any feedback,
please write to us.
The Alumni Committee
Jamnalal Bajaj Institute of Management Studies
jbimsalumni@gmail.com
https://www.facebook.com/pages/JBIMS-Alumni/261399943330
We’re also on LinkedIn as Jamnalal Bajaj Institute of Management Studies - Alumni
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