JSBpages

Issue 1 | June 2010

Whats Inside?

MESSAGE FROM THE PRESIDENT

Leaders inspire others to leadership We at JSB have taken up the challenging task of creating leaders not followers. The only thing that will enable us to do that is constant innovation. "Anything that works is obsolete" is the mantra of JSB. In our endeavor to create future business leaders, we at JSB have decided to do things differently. At JSB we understand that never in the course of history, has the world changed so fast. The pace of change is frenetic, boundaries are collapsing, and humanity as whole is getting a much clearer and homogeneous identity. Business activities have always been the catalyst of economic growth and in this context business leaders have always led from the front. We realized early on that India has the potential to become a trainer for IT, Management and English for the rest of the world particularly for the non English speaking countries. To convert this potential into performance a knowledge park was envisaged where institutes of higher professional learning will be set up and students and teachers from all across the globe will participate in the process of creating future global leaders. The Jyotimoy Knowledge Park has consistently focused on getting the best faculties from both academia and industry. Indian Expats and foreign professors are a part of the faculty team which also has an enviable collection of the best minds from the country. JSB understands that merit has to be acknowledged and rewarded and has instituted a unique scholarship scheme. JSB lays equal importance on Teaching, Training, Consulting, and Research. Training, consulting and research activities enable JSB to remain in touch with the industry and the students benefit from this industry connects. JSBs EDP/MDP programs are already gaining popularity and have participation from members of large corporate organizations some of them from among fortune 500 companies too. Placement activities are one of the highest priorities at JSB and a dedicated team under a faculty member works relentlessly towards this. The Overseas advisors & placement board of JSB is working internationally to connect JSBites to challenging opportunities across the globe. With the key denominators in place the journey of JSB is going to be worth watching. I welcome all serious students of business, and business gurus to come on board and be a part of this phenomenon. Dr. Partha Sarathi Ganguli Ph.D President

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CAMPUS NEWS
Inter-College Business Quiz 2009 In association with India Today Group. Awards & Rewards . Papers Presented

FOCUS

Capacity Development in Management Education MDP @ JSB

STUDENT CORNER

JSB Marketing Fair - 2010 JSB Batch Night My experience at JSB - Vijay Roy

JSB

Campus News
Inter-College Business Quiz - 2009
In association with India Today Group
was organized at Jyotirmoy School of Business campus on 20th November, 2009 in association with India Today Group followed by a workshop on public speaking conducted by Quiz Master, Mr. Parnab Mukherjee. Scottish Church College, Bhawanipur College, Goenka College were amongst the 17 colleges that participated in the Quiz competition. Dr. P.S. Ganguli, President, JSB and Mr. Ramesh Pandey Manager, Sales, India Today Group inaugurated the show. Mr. Kanchan Dutta, CEO Innercircle and Mr. Partha Bose & Mrs. Ratula Bose was the honourable guests of the event. Presidency College won the competition and St. Xavier's College was in 1st runner up position. The programme ended with the recital by Mr. and Mrs. Bose.

Inter-College Business Quiz - 2009

Awards & Rewards

we have instituted a system of awards and rewards called the VIDYA VIKAS SCHOLARSHIP. The goal of the Scholarship is to reward all those students who have worked hard to achieve excellence in their respective subjects. We hope that such rewards will motivate other students to study harder and soar high.

The Editorial
Dear friends, It is with some pride and a lot of enthusiasm that we bring to you our first issue of our newsletter JSB Pages. This newsletter will attempt to bring you not only the past but also the future. In this context, it will not be out of place to mention that we are always on the look out for serious contributors who will be able to educate, argue and enlighten. In no other period of history have things happened so fast .. the pace of change is frenetic and it is upto future managers to manage change while maneuvering quickly and forecasting correctly. This newsletter will carry articles of interest to business managers and in this very first issue we have valuable contribution from the Dean on Capacity Building. Apart from this, this issue also carries information about the college and its activities and we shall continue to do so in our future editions as We look forward to your feedback as well as contributions and we hope this newsletter will , with time, grow to be a dependable resource for all managers.

At JSB meritocracy is a cardinal principle and towards that end

Scholarship for the Second trimester is as follows:

Enrollment no. Name R09-01-007 Manish Jaiswal R09-01-018 Vijay Roy R09-01-013 Sounak Kishore Saha R09-01-011 Sanchita Debnath R09-01-005 Dwaipayan Basu R09-01-006 Kuheli Ghosh R09-01-004 Dharma Nath Gupta R09-01-010 Rajib Goswami R09-01-008 Niraj Rai R09-01-017 Uttam Kumar Jha R09-01-015 Tania Bhattacharya R09-01-019 Vijay Shankar chand Total Scholarship Amount Scholarship Full waiver Rs. 64,500.00 Full waiver Rs. 30,750.00 Rs. 30,750.00 Rs. 15,375.00 Rs. 15,375.00 Rs. 15,375.00 Rs. 15,375.00 Rs. 15,375.00 Rs. 15,375.00 Rs. 15,375.00 Rs. 2,33,625.00

Vanita Ganguli

Students securing 90 percentile or more in CAT gets 100 % tuition fee waived off. 70% of the Students as per rank in the trimester exams are entitled to the following scholarships: 1. Top 10% students in every trimester are eligible to get 100% tuition fee reimbursement. 2. Second 20% students are eligible to get 50% tuition fee reimbursement 3. Next 40% students are eligible to get 25% tuition fee reimbursement. Apart from this the best student for a given year shall be eligible for a rolling trophy as the best JSBite for the year. The basis for such accolade shall be not only academics but also all round performance as a responsible citizen and individual.
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Papers Presented
We

Editorial Advisor

are delighted to announce that JSBs Academic Head, Prof.Sitangshu Khatua presented his fourth paper on Strategic Evaluation by Using Real Options and also chaired the session at one of the premier finance events of the world, The International Finance Conference, organized by IIM Calcutta, during 3rd December -5th December,2009. Prof. Khatuas next paper on Reality of Real Options has been accepted by the 12th Malaysian Finance Association Conference 2010, which will be held during 8th June10th June,2010. Kudos to Mr. Manish Jaiswal who along with Prof.Khatua presented a paper on Stability of Indian Derivative Market in Recession A Myth or Reality? at The Prestigious International Conference on Finance and Economics organized by IBS Bangalore on 9th 10th January, 2010.

Focus
Capacity Development in Management Education
Capacity is an essential lubricant of managerial development, more important even than their specialization. Capacity is defined as the ability of individuals to perform functions, solve problems, and set and achieve objectives in a sustainable manner. The term capacity building or capacity development describes the task of establishing human capacity. Whatever the terminology, capacity building remains the most challenging function of overall development of a management student. It is observed that in most of the management institutes, the model followed for management programme is mere extension of the system followed for College Education(CE). The two differ in a sense that in CE the stress is on developing the writing skill for reproducing in the examination, whereas in Management Training(MT), the emphasis is more on providing practical exposure through projects, case studies, role plays and summer internships. However, main stress in MT continues to be memorizing and reproducing the course work, whereas the focus should be on implementing the knowledge, and this requires a typical wisdom, not available in books. When the students come out of the management schools and join a job, certain capacities are required to be built in them to deal with the real world, particularly to grow in their professional career and participate in the national development. The capacities required to be built in them during their programme duration are: the capacity for research or inquiry; the capacity for creativity and innovation; the capacity on learning how to decide on one course of action out of many alternatives; the capacity for entrepreneurial leadership; and the capacity for moral leadership. Management is basically getting things done through people and for getting things done, effectiveness is must. Capacity development is meant for providing this wisdom of effectiveness in dealing with persons and situations to solve problems and optimize results. What is needed today is a revised focus, one that views MT as sustainable process of expanding the capacities of students. Hence, our management education need to re-orient itself to help students to know what strengths they own, as every human being born on this planet has been blessed with certain strengths.

By Dr. Tapan Kumar Guha, Dean

Lt Col, M.Tech, PGDBA, Ph.D

MDP @ JSB
Jyotirmoy School of Business evolved from
the needs of the students of eastern India to have access to a truly international standard B-school committed to its role in creating young leaders with an understanding of evolving economies. JSB has its global perspective through its innovative programmes, outstanding faculty and thought leadership. We now live in a world of limitless opportunities, and we can shape our individual destinies the way we want them to be, provided we have the courage, tenacity and the capacity for hard work to undertake the challenges which come our way. This is a solitary journey, and your greatest aid will be the skills and knowledge you will pick up on the way. Hence besides offering a full time PGDM programme approved by AICTE, JSB offers short duration Management Development Programmes to the professionals of different sectors of the industry operating at different levels in the organisational hierarchy. The participants are equipped with the latest tools, techniques and skills spanning different streams of management such as General Management, Human Resources, Organizational Behaviour, Marketing, Finance, Operations Management, IT, Strategic Management, Industrial Relations and Personality Development and Soft skill. The programme is aimed at Senior level and middle-level Managers, Executives, Engineers, Bankers, Trainers and Teachers belonging to private organizations and public sector organizations, small business and independent consultants and also entrepreneurs. Within a short duration we have achieved a respectable standing with a client list of RITES, IOCL, Supreme Industries Ltd, NIPM, IEEMA etc.

Forthcoming MDP 1. Managerial Effectiveness Through Self-Awareness June 11th & 12th, 2010 2. Finance for Non-Finance Executives June 25th & 26th, 2010 3. Project Planning July 24th & 25th, 2010
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Student Corner
JSB Marketing Fair - 2010
On 12th of May, 2010 JSB witnessed a Marketing fair organized by the 1st year students. The marketing fair was designed for the students to carry out a detailed study of the unorganized sectors. The case studies were based on the Financial Strategies and research perspective, dealing with various components of finance. Eg: ROI, Working capital management, Cash Flow etc. In-depth analysis of the business models were carried out through analysis of the industry by using Porters 5 Forces Model. The database was collected from across Kolkata, and was compiled and analysed to develop the final presentation. The students subsequently presented a demo of these sectors. It was a visual treat for all the people who visited the fair. The uphill struggle of the students was worth appreciation.

JSB Batch Night

My experience at JSB
After the successful completion of 10+2 , I nurtured the dream of pursuing management course from a reputed institute. So I started researching on it. Soon I realised that the reality is pretty different from what it is shown in the advertisements. So even after qualifying CAT 2007 and getting a respectable Score I did not pursue MBA. Instead I completed my graduation with a 71 % Marks from Calcutta University in the same year and appeared for Larsen & Toubro Exam. I got selected and went to Delhi. But my desire of pursuing management was still within me. I started looking for a B-school. To my utter dismay I found that not only the fees were very steep but also the ROI was very less. Finally after 2 years I found a B school which really matched my aspirations and it was JSB. It provided me with scholarship stipends and lot more which many B -schools promise, but fail to keep their so called promise! Today, after completing my first year at this institute I can proudly say that it is one of the best emerging B. Schools in this part of the country. Though a very tough year in terms of academics with 19 credits to be achieved, our ever helpful and co-operative faculties made this thorny trail a cake-walk. Campus Life@ JSB is great. The ambience is excellent. It is like an extended family. A home away from home! Now sitting at the Standard Chartered office as a Summer Intern makes me feel elated. I had taken the right decision to join a new Institute like JSB. I wish good luck to Jsb in its indefatigable endeavour to improve and emerge as the the best in the industry. I encourage all the management aspirants whom dream to make it big, to join our institute, JSB. Vijay Roy PGDM - 2nd Year

Manish Jaiswal is being awarded as the best JSBite 2010 by Dr. Ganguly

After a stressful week of trimester examinations the students celebrated the 1st JSB BATCH NITE. It helped the students to rewind. Indoor games competition was organized. The management, faculty and the students actively participated in the various competition organized on this day. Later in the evening the students had prepared for a cultural evening. It was truly an enthralling experience.

JSB

Jyotirmoy School of Business

Campus: Jyotirmoy Knowledge Park, Kalikapur, 24 Parganas (S) Kolkata Mega City 743330, West Bengal Phone: +91 03218 260064/65/68/74/75/76 Fax: +91 03218 260067/78, Email: info@jsb.org.in website: www.jsb.org.in

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