EPGP student Chirag Soni bags first position in Blackcoffer Insights 9.0 Competition

The paper titled, ‘How Advanced Analytics is Redefining Banking’, by Chirag Soni, a student of the 2019-20 batch of the Executive Post Graduate Programme in Management (EPGP) at IIM Bangalore, has won first place at the Blackcoffer Insights 9.0 Competition – Banking Finance Special Edition, hosted by the Big Data Analytics & Consulting company, Blackcoffer. His paper takes us through insightful, data-driven research on some advanced analytics algorithms and machine learning scenarios while unearthing their problem-solving capabilities that are catalyzing the reinvention of the banking system.

FT Executive Education Ranking 2019: IIMB is the top-ranked school in India; ranks at 43 among the Top 50 schools globally

IIM Bangalore secures 43rd position amongst the Top 50 global business schools in the 21st edition of the Financial Times (FT) Executive Education Ranking 2019 in the Combined Ranking Categories. The FT 2019 Executive Education global rankings are based on the participants’ and clients’ satisfaction, the diversity of participants and faculty, and the schools’ international exposure. Madan Mohan Raj, Chief Programme Officer of Executive Education at IIMB, said: “IIMB has enjoyed great success in recent years in the internationalization of its program offerings. We have a rich portfolio of open programs offered in partnership with International schools, and we also see good traction for IIMB’s programs from the International business schools and corporates. The FT ranking will give greater visibility globally for IIMB and its Executive Education Programmes.”

IIMB’s one-year MBA team wins Case Study Competition at IIT Delhi

A four-member team from IIM Bangalore, comprising Ajai Rao, Arti Pateriya, Harish Sudarshan and Sreejit Ramakumar, all students of the Executive Post Graduate Programme in Management (EPGP) Class of 2019-2020, has won the Case Study Competition organized by IRSC at IIT Delhi. The program was supported by the Ministry of Road Transport and Highways (MoRTH), NITI Aayog and United Nations Institute of Training and Research (UNITAR) under iSAFE 18 – The Safer India Challenge. The contest was part of the 2nd International Conference on Safer Mobility, 2019. The topic for the competition was how to reduce accidents caused by potholes.

'On the interpretation of World Values Survey trust question – Global expectations vs. local beliefs' - Professor Ritwik Banerjee, Economics & Social Sciences area, IIMB

The European Journal of Political Economy has published Prof. Ritwik Banerjee’s paper titled, ‘On the interpretation of World Values Survey trust question - Global expectations vs. local beliefs’. His paper deals with the interpretation of the World Values Survey (WVS) trust question and how it captures expectations about others’ trustworthiness. It further shows that the WVS-trust question correlates with firm beliefs about how trustworthy people in general are. One of the implications of the study is that survey-based methods may not be appropriate to measure beliefs induced by a short-term psychological perturbation.

Emojis in advertising: A paper from IIMB offers interesting insights

By Professor Gopal Das

Professor Gopal Das, from the Marketing area at IIM Bangalore, and his co-researchers examine the effect of including emoji in advertisements on consumers' purchase intentions. Two empirical investigations (a laboratory experiment and an online study) provide convergent evidence that the presence of emoji leads consumers to experience higher positive affect, which in turn, leads to higher purchase intentions.

The Biofin approach to biodiversity conservation in urban ecosystems : The case of Bangalore in India

By A Damodaran, David Meyers, and Onno van den Heuvel

The Biodiversity Finance Initiative or Biofin, which was launched in 2012 as a UNDP – European Commission project has been designed to help biodiversity endowed countries attain ABT through the formulation of ‘optimal ‘and ‘evidence based’ biodiversity finance plans. The research paper, co-authored by Professor A Damodaran from the Economics and Social Sciences area at IIMB, explores how the Biofin approach can be strategized to implement Target 4 of the Aichi Biodiversity Targets that deals with ‘sustainable production and consumption’ in an urban setting. The paper takes up the real case of the fast-growing city of Bangalore in India, to explore the extent of biodiversity loss in the city and links it to unsustainable production and consumption practices. It also highlights the potential role of Biofin in creating altered urban policy frameworks that could transform Bangalore into a circular economic system.

A review of contextual factors affecting mobile payment adoption and use

By Abhipsa Pal, Rahul De’, Tejaswini Herath and H. Raghav Rao

Research on mobile payments is a flourishing area in Information Systems. An in-depth review of the literature reveals that most studies frequently use existing theoretical models of IT adoption and usage, but do not extend the investigation further into other theories that could offer new contextually relevant variables. The paper, co-authored by Professor Rahul De, Chair of the Information Systems area at IIMB, identifies the importance of contextual factors for technology usage and adoption, motivated by several events. It develops a framework that includes both environmental and cultural facilitators and barriers. This paper is useful for understanding the research trends in current mobile banking literature along with implications for future research and practice.

Predicting inflation through online prices

By Ritwik Banerjee, Nished Singhal, Chetan Subramanian, and Menaka Rao

This case, co-authored by Professor Ritwik Banerjee and Professor Chetan Subramanian, both from the Economics and Social Sciences area at IIMB,  is about inflation and how it is computed in the category of food price indexes. It explains the value proposition and the advantages of using price data from online marketplaces. It explores if the online price data tracks the official CPI and extends to understanding if it was better or not to formulate inflation through a median CPI. The case provides learning stimulations through rich data sources.

"One Should Keep Pushing for change and growth"

DR. G. RAGHURAM, Director, IIMB

Professor G Raghuram, Director, Indian Institute of Management Bangalore (IIMB), offers a brief recap of his journey from being a student of Public Systems at Indian Institute of Management Ahmedabad (IIMA) to holding some prestigious roles in his career as Dean (Faculty) at IIMA and Vice Chancellor at the Indian Maritime University. He shares how these roles have helped him gain insights into building quality institutions while underlining the importance of faculty and administrative staff as critical stakeholders in such institutions. He urges the leaders to be patient while keep pushing for change and growth.

Politics of substance

Professor Prateek Raj, Strategy area, IIMB

There are two key challenges India faces today: an economy that is not growing fast enough, and its Hindi heartland stuck in a rut — its youth demotivated and at risk of dabbling with extremism. Given the urgency of the situation, it is essential that politicians prioritize economic issues over jingoism and cultural politics. Voters desire good jobs, better healthcare, basic amenities, a cleaner environment, and an improved agrarian sector. They need to confront the politicians regularly about these issues. As India should have a stable government for the next five years, hopefully, reforms in the areas of land, labor, and local governance will gather pace.

Back to School

The IIMB Alumni Relations Office is delighted to announce ‘Back to School, an initiative that has been launched to fulfil the continuous learning requirements of our alumni. This initiative is in line with the efforts of the institute to strengthen the bonds between the alumni of the degree/ diploma granting programs and the school. This will also help our alumni come to speed on latest developments in business and management thought and action.
This initiative is being rolled out for alumni who graduated at least 10 years ago (2009 batch and earlier). IIMB offers a range of programs in the Executive Education Programmes bouquet where now three seats in relevant programs will be set aside for eligible alumni. The seats will be offered at a special fee. Applications would be curated for the suitability to the program and an application does not imply automatic selection to attend the program.

IIMBue

IIMBue is a leadership conclave organised by the Indian Institute of Management Bangalore Alumni Association (IIMBAA) every year. It connects thinkers, achievers and change-makers with our alumni over a weekend of thought-provoking conversations. There are networking sessions, fireside chats and panels. IIMBue 2019 is being held at the Taj, Bangalore on 26-27 July.
There are themed networking sessions that provide a platform for alumni thought leaders to share their learnings and experiences with a smaller cohort of alumni groups that help younger alumni understand how leaders think and strategize.
Some of the past speakers include Azim Premji, Chairman Wipro, Jaggi Vasudev, Founder, Isha Foundation, Kiran Mazumdar-Shaw, Founder-Chairperson of Biocon, Shah Rukh Khan, film actor-producer.

Saturday Musings

A platform that connects alumni, faculty, industry experts and students, Saturday Musings at IIMB enables interaction on diverse topics. The Alumni Relations Office at IIMB has organized sessions on topics such as, ‘How Consumers Make Decisions’, ‘Strategies to Build Highly Motivated Teams’, ‘Understanding the Entrepreneurial Mindset’, ‘Management Learning from Sports’, ‘Emotional Intelligence’, ‘Conscious Parenting’, etc. The programs are live streamed to alumni across the world and the video recordings of the same are uploaded to the IIMB YouTube channel. The next session has been scheduled for 13th July at the IIMB auditorium. Please visit the IIMB website (www.iimb.ac.in) to read more and register.

Gravitas

The Alumni Relations Office at IIMB has initiated a themed networking and mentoring program titled, ‘Gravitas’ for alumni who have graduated in the last four years from the Post Graduate Programme in Enterprise Management (PGPEM), an MBA program for working professionals, and the Executive Post Graduate Programme in Management, the one-year MBA.

The first edition of Gravitas was held on 22nd June at the IIMB campus between 10am and 1pm.
The sessions would focus on Career Choices, Leadership and Balance followed by breakout sessions of 90 minutes with senior alumni/mentors in classrooms.

Who can attend : PGPEM program students who graduated in 2016, 2017, 2018, 2019
Register at : REGISTRATION

Executive Education Programme Calendar

Programme Title : Creating Successful New Products
Executive Education Open Programme
Programme Directors : Professor Ganesh N. Prabhu
Programme Dates : 04 – 06 July, 2019
For Registration : Registration
Programme URL : Programme URL

Programme Title : Competing Through Operations Excellence
Programme Directors : Professor Anshuman Tripathy
Programme Dates : 09 – 12 July, 2019
For Registration : Registration
Programme URL : Programme URL

Programme Title : Managing and Sustaining Hospital Growth
Programme Directors : Professor S. Raghunath and Professor Rama K. Jayanti
Rama K. Jayanti is Professor and Fulbright Fellow with research interests spanning pharmaceutical marketing, sustainability, consumer learning in online communities, customer satisfaction, and advertising opportunities in networked communities. Rama teaches doctoral, MBA, and undergraduate courses in Consumer Psychology, Marketing Strategy, Sustainability, and Advertising and Promotion Management. A recipient of Ahuja Research Scholar Award, her research is published in well regarded journals.

Programme Dates : 22 – 24 July, 2019
For Registration : Registration
Programme URL : Programme URL

Programme Title : Managing Media & Entertainment Companies: Sustaining Creative Value
Programme Directors : Professor S. Raghunath
Programme Dates : 25 – 27 July, 2019
For Registration : Registration
Programme URL : Programme URL

Programme Title : Senior Leadership Coaching: Coaching for Performance
Programme Directors : Professor S. Raghunath and V. Ramachandran
V. Ramachandran comes with over 30 years of experience in HR at both strategic and operational levels in Indian and Multinational Companies in the Engineering, Pharmaceutical, Agriculture and Pesticides, Consumer Non-durables, High Technology, BPO, Banking and Airlines sectors.

He started his career specialising in Compensation & Benefits, predominantly for Indian companies such as BHEL, Associated Capsules Group, Golden Tobacco and Coromandel Indag Group.

Programme Dates : 29 July – 02 August, 2019
For Registration : Registration
Programme URL : Programme URL

Programme Title : Technology Marketing
Programme Directors : Prof. YLR Moorthi
Programme Dates : 17 – 19 July, 2019
For Registration : Registration
Programme URL : Programme URL

Professor Ravi Kumar, from the OBHRM area, has spent 33 of 40 years of his professional life at IIM Bangalore. He joined IIMB in 1986 and since then, he says, his journey here has been “enthralling and enlightening”. Professor Ravi Kumar has held several significant positions at IIMB:Coordinator – Student Affairs (1987-89), Faculty Nominee – Employee Welfare Committee (1992-95); Chairperson – Placements (1996-99), Member, Board of Governors IIMB (1998-2000), Member, Vision Committee (2003), to mention a few. He has earned himself broad credibility for his invaluable research on diverse subjects. He has interacted with directors, deans, faculty and staff colleagues, students from various academic and Executive Education programs, administrators from Government both Centre and State, managers from the public and private sectors, MNCs and overseas corporations. He has inspired students, colleagues and friends over the years.

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