Program Type: PGDM

The Altruists celebrate Christmas

Post date November 12, 2020

The Altruists organized a special Christmas Event for the children of the security and housekeeping staff of the B-School. It was indeed a special day for all of us to join hands to show them that we care. The event witnessed fun filled games, music and a talk show on hygiene by Dr. Nandita Mishra in true Christmas spirits with gifts, goodies and prizes to follow.

Thanks to the student volunteers- Priyanka, Soumee, Manish, Neha, Ritika, Vivek (Murarka), Sayantanee, Rohit (our Santa for the day) and Rajanikant who were there with the Altruist duo (Shreyta and Harsh) right from the planning stage to the execution stage. Special thanks to Dr.Rachana Chattopadhyay, Dr.Paramita Mukherjee, Dr.Nandita Mishra, Dr. Devjani Chatterjee, Prof.Surendra Poddar, Dr.Suvendu Bose, Miss.Debasree Dutta, Ms. Anindita Chatterjee, Ms.Solanki Sengupta, Mr.Kalyan Chatterjee for their spontaneous and loving contributions towards the cause.

For the Altruists it was heart-warming to see the excitement and bright smiles around.

PGDM Online Chat

Post date November 12, 2020

Learn about applying to and attending IMI Kolkata PGDM programme.Learn about applying to and attending IMI Kolkata PGDM programme.Learn about applying to and attending IMI Kolkata PGDM programme.Learn about applying to and attending IMI Kolkata PGDM programme.Learn about applying to and attending IMI Kolkata PGDM programme.Learn about applying to and attending IMI Kolkata PGDM programme.Learn about applying to and attending IMI Kolkata PGDM programme.Learn about applying to and attending IMI Kolkata PGDM programme.Learn about applying to and attending IMI Kolkata PGDM programme.Learn about applying to and attending IMI Kolkata PGDM programme.Learn about applying to and attending IMI Kolkata PGDM programme.Learn about applying to and attending IMI Kolkata PGDM programme.Learn about applying to and attending IMI Kolkata PGDM programme.Learn about applying to and attending IMI Kolkata PGDM programme.

IMI–KOLKATA starts 2015 with Achievements

Post date November 12, 2020

Dr. Suvendu Bose publishes an article in the Economic Times on 1st January’15

PGDM Online Chat2

Post date November 12, 2020

Building and Developing High Performance Teams

Post date November 12, 2020

Building and Developing High Performance Teams, In Company MDP for CESC Ltd. – February 3-5, 2015

Building and Developing High Performance Teams, In Company MDP for CESC Ltd. – February 3-5, 2015 – The programme covered topics such as Understanding of Basic Business Economics, Statistical Tools For Managers, Developing Interpersonal Communication, Leadership and Decision Science, etc. The programme was attended by 28 executives from CESC Ltd.

Programme Director: Nandita Mishra

John O’Shea visits IMI-KOLKATA

Post date November 12, 2020

“Overcoming poverty is not a gesture of charity, it is an act of Justice.”

Advocate of this philosophy, John O’shea, one of Ireland’s most celebrated humanitarian, devoted his life to those living in the Forgotten World. He believes that being poor shouldn’t make them any different. Having spent 35 years working to alleviate suffering from this world, John has set himself the challenge of inspiring the world in creating a better place for these people.

One of Ireland’s most celebrated humanitarians, John O’Shea has devoted his life to working on behalf of the world’s poor.

Described by the former Irish President Mary Robinson as a man of ‘unique qualities’ and acknowledged by the musician and humanitarian Bob Geldof as ‘a great hero of mine,’ John has spent 35 years working to alleviate suffering in the developing world.

Through the aid agency he founded, GOAL, he has helped raise over a billion dollars. This money was used to fund aid programmes in over 50 countries throughout the world. Passionate and often controversial, John has earned an international reputation for straight talking, because of his courage in highlighting the problem of institutionalized corruption in developing countries, and the threat that this corruption poses to the safe delivery of aid. A prolific contributor to both broadcast and print media, John is a powerful advocate on behalf of those living in what he describes as ‘the Forgotten World.” In 2010 he made it into the top 40 of a nationwide poll by the state broadcaster RTÉ to choose Ireland’s greatest ever person.

Since his retirement from GOAL in 2012, John has set himself the challenge of inspiring other people to become social entrepreneurs, in the belief that every individual can make a big difference in the battle against global inequality.

A recipient of several awards, including :

The Irish People of the Year Award – 1987 and 1992. He is the only person to have received the award twice.
RTÉ Late Late Show Tribute Programme – 1995.
Ernst and Young “Social Entrepreneur of the Year” – 2005 (Inaugural award).
Irish Voice Newspaper (USA) “Humanitarian of the Year” award – 2006. News of the World (Britain) Man of the Year Award – 2010.
‘Ireland’s Greatest’ poll by RTÉ – 2011.
Selected as one of the top 40 greatest Irish people ever. (John Hume was the winner).
Tipperary International Peace Award – 2005 (Previous winners include Mikhail Gorbachev, Bill Clinton and Nelson Mandela.).
‘James Joyce Award’ from the Literary and Historical Society at University College Dublin – 2012 (Previous winners include Seamus Heaney, Jesse Jackson and FW de Klerk.)
The Arthur Ashe Humanitarian Award – 1991. Awarded by the Association of Tennis Professionals (ATP) (Previous winners include Arthur Ashe, Nelson Mandela, Roger Federer, Andre Agassi and Rafael Nadal).

A brief on why he believes in Social Entrepreneurship

A single individual, blessed with passion, integrity of purpose, a fierce determination to succeed, and persuasive powers, can, I am convinced, make a meaningful contribution in the on-going battle against abject poverty and deprivation in the Forgotten World.

History is littered with stories of the herculean achievements of individuals who would not take no for an answer in their relentless quest to ensure that the principle of human rights for all was a reality and not simply an aspiration.

That the International Community has failed in its moral obligations to care for and love the poorest, the most neglected and needy people, is not in dispute. The downtrodden, the rejected, the hungry – those deprived of the very basic requirements to sustain life – have been treated by their fellow man in a brutal and indifferent fashion, since records were first established.

Thankfully, a small army of individuals from diverse backgrounds, were not prepared to sit back and allow the unwanted and the forgotten to be totally ignored. In a variety of innovative measures these remarkable people saw it as their mission to move neighbourhoods, nations and the world towards integrated communities of shared opportunities and a shared sense of genuine belonging. In short they took steps to ensure that as many as possible of the millions who are denied the chance to live their lives to the fullest, got that opportunity.

The poorest of the poor who populate this unfair world owe much to such trailblazers as Muhammad Yunus, founder of the Grameen Bank, Jeroo Billimoria, who started “Childline”, James Grant of UNICEF, Fabio Rosa, a champion for the provision of solar energy to the poor villagers of rural Brazil…the list is hugely impressive.

People such as Nelson Mandela, Mahatma Ghandi and Martin Luther King have inspired generations of courageous, determined and creative individuals, who saw it as their duty to rally to the side of the voiceless. Their ingenuity and entrepreneurial acumen have provided the momentum for groups of social entrepreneurs to place actions before words and promises in the drive to close the gap between the “Haves” and “Havenots”.

Social entrepreneurs provide a genuine shaft of hope for the Forgotten. Their collective performance over a sustained period , but more especially in recent decades, has suggested there is now finally a willingness on the part of the general public to take a much greater interest than heretofore in ensuring that those on the bottom rung of the socio economic ladder do not fall off. This explosion of interest in social entrepreneurship can be a catalyst for major change in how the International Community deals in the future with the most pressing humanitarian issues facing the world’s population.

Those who joined the crusade with gusto and unbridled enthusiasm ranged from former US Presidents Jimmy Carter and Bill Clinton, to billionaires Bill Gates, Ted Turner, Warren Buffett and Chuck Feeney, pop stars Bono and Bob Geldof, movie favourites George Clooney, Sean Penn and Martin Sheen, to leading figures from the world of sport and other areas of life, as well as hundreds of thousands of “the great unknown” who, however, are making and have made a real difference to the lives of many.

In the last decade, due to a number of factors, there has been an explosion of activity in the social entrepreneurship area, with unprecedented growth in the number of citizen groups and NGOs being formed. Significantly more young people are now prepared to devote a portion of their lives to helping others less fortunate than themselves.

Given my experience since 1977 I feel it is important that I “spread the gospel” of the value and importance of social entrepreneurship as widely as I can. Since I was a person with no obvious qualifications for the role of CEO of a humanitarian agency my story, as well as the stories of some of the others, might encourage further interest on the part of students in this most vital of causes.

Despite advances, in some corners of the Forgotten World the lot for hundreds of millions of hapless individuals, who share the earth’s resources, is lamentable and shameful, making the task for the social entrepreneur ever more challenging. The fact that the entrepreneurs have to reach a growing population, with shrinking financial resources, places a heavy premium on creativity.

In recent years hundreds of universities have established courses to study the subject. Non-Profit management studies, a field that did not exist 30 years ago, has grown into a small industry. Governments and international organisations, such as the World Bank, the EU and the UN routinely enlist the advice of NGOs and citizen groups. Businesses regularly form partnerships with them.

Thousands of university graduates today consider making a full time career in the sector. Many, of course, decide to form their own organizations.

Foundations too have become heavily involved in supporting the work of the social entrepreneur, creating collaborative partnerships that include long term financing and strategic planning.

Over the past four decades the women’s movement has gained a foothold across much of the world, weakening social constraints that have historically limited women’s scope for action and expression. The decline of racial barriers has opened up opportunities for many groups. Technology now permits money, people and information to move quickly and relatively cheaply around the world.

The bottom line is perhaps the undeniable fact that people recognize that major change is urgently needed to correct the imbalance between the “Haves” and “Havenots”.

Populations are now aware of the heart-wrenching poverty which is daily life for hundreds of millions…and they are no longer prepared to stand around and take no action.

Continuing failures by governments to deal adequately with humanitarian disasters have convinced many that while governments must be held responsible for translating the will of the citizens into public policy, they are not necessarily the most effective vehicles, and certainly not the sole legitimate vehicles, for the delivery of many social interventions, and they are often less inventive and creative than entrepreneurial agencies.

There is no doubt in my mind that the entrepreneurs derive tremendous benefit from the experience of passing on their skills and sharing their love with those in greatest need.

Victor Hugo once wrote, “There is one thing more powerful than all the world’s armies – it is an idea whose time has come”.

Social entrepreneurs be prepared … the indications are that this sector is poised to make a meaningful and substantial impact in the ongoing battle to protect the lives of hundreds of millions of desperately poor people from a painful death.

John O’Shea

How To Be A Successful Corporate Leader Through Krsna Consciousness

Post date November 12, 2020

How To Be A Successful Corporate Leader Through Krsna Consciousness

25 February 2015 : Dr. Gaurav Chandra Dutt, IPS, Inspector General of Police, Police Directorate, West Bengal delivered a guest lecture today at IMI-Kolkata Premises on how to be a corporate leader through Krsna Consciousness . He began by mentioning the various economic theories beginning from mercantilism in 16th Century to 18th Century Free trade Theory. He also deliberated on some of the 19th century theories of Milton Friedman and John Keynes. Further he elaborated on the famous models and theories of Henry Fayol , Maslow , Amartaya Sen and Joseph Stiglitz. After highlighting the various aspects of these theories, he addressed the students asking what the purposes of these theories were. According to him these theories have been instrumental in satisfying the Material Comfort and Pleasure needs of mankind.

He emphasised the importance of emotional and spiritual quotient in order to be a successful corporate leader and also mentioned few theories like the Danah Zohar Theory, William Ouchi and Erickson theory illustrate his point. He also presented a Country wise Comparative perspective to the idea of the requirement of understanding the above theories to understand the global environment we are living in. Deliberating further on the topic, he also mentioned that it’s the mad rush for success that has driven the world towards uncontrolled Industrialisation and crony capitalism and also that it’s for the current and future generation who will have to bear the ill effects of Global warming .

He mentioned that human mind is a complex entity and in order to be a successful corporate leader one has to lead a disciplined life and inculcate independent thinking, which could be achieved by having a high a spiritual quotient and being at peace with oneself. Dr Dutt shared his vast experience of how to efficiently deliver under pressure by having a strong control over mind when working under fast approaching deadlines and with high degree of accountability.

The students of IMI Kolkata were greatly privileged to have eminent speakers such as Dr Dutt to enlighten us and took back a great deal of insight into Krshna Consciousness and its application in the life of a budding corporate!

Call for Papers

Post date November 12, 2020

International Management Institute, Kolkata

On Invitation from

Asia-Pacific Economic Association (APEA)

Is organizing a session on

Development Economics and Public Policies in Emerging Economies

As part of

APEA Eleventh Annual Conference

On July 8 – 10 at Taipei, Taiwan

Papers should address the conference theme covering relevant issues. Submissions should present original research, substantial review papers or case studies.

Selected papers shall be published in Global Business Review published by Sage Publications.

Papers are invited under the following broad tracks (but not limited to them):

Development in Emerging Economies
Trade & Development
Issues in Financial Markets
Rise of Asian Economies
Public Policy Issues
Governance & Development

You can also refer to the website of APEA at www.apeaweb.org .

Conference Session Organizers:

Title: Corporate Social Responsibility Reporting in India: Exploring Linkages with Firm Performance and Development

Authors: Tirthankar Nag and Ashish K. Bhattacharyya
Associate Professor, International Management Institute Kolkata
Professor, Indian Institute of Corporate Affairs

Abstract The study examines the Corporate Social Responsibility (CSR) strategies and activities of firms as disclosed in annual reports and explores its linkages to accounting and market performance of firms. The study examines the annual reports of a sample of 30 firms (out of 50) belonging to the benchmark index of the National Stock Exchange of India and tracks these reports for evidences of CSR activities over a five year period from 2007 to 2011. The study employs content analysis to study CSR disclosure and classifies and rates these activities using items from an established scale followed by construction of category wise CSR indexes. The association of these indexes with firm performance are explored through a pooled regression model after provisioning for control variables and lag effects. The study finds that CSR reporting may not be having any significant impact on accounting and market performance of the firm in the short term but environment oriented CSR disclosure may be negatively related to the market performance of the firm. The study also finds that firms focus heavily on employee and customer oriented CSR and the modes of CSR investments are more contributory rather than participative in nature.

Keywords : Corporate Social Responsibility; Firm Performance; Accountability; Sustainability; Reporting

JEL : M14, G38, D21 and L21

Acknowledgement : The authors would like to thank The Chartered Institute of Management Accountants’ General Charitable Trust Fund, UK (CIMA GCT) for providing a research grant to carry out this study.

News

The Eleventh Annual Conference of the Association will be held in Taiwan on July 8-10, 2015. The local host is the School of Social Sciences and Institute for Advanced Studies in Humanities and Social Sciences, National Taiwan University. The deadline for submission of the draft or an extended abstract of a paper for presentation is January 15, 2015. Economists are also invited to submit organized sessions for consideration. For more details, please click here.

Rouen conference on the Chinese economy. The Association is working with the University of Rouen, France, and the Research Center for International Economics (RCIE) at the University of Washington to hold a conference on the Chinese economy on October 16-17, 2014 in Rouen, France. For more information and submission.

Seoul Conference on the Chinese economy and the global economy. The Association is working withKorea Institute of Industrial Economics and Trade (KIET) and the Research Center for International Economics (RCIE) at the University of Washington to organize the third twin conferences on September 18-19, 2014 in Seoul, Korea. For more information, please click here.

The Tenth Annual Conference of the Association will be held in Bangkok, Thailand on July 11-12, 2014. The local host will be Thammasat University. For more information about this conference, including submissions and registration.

The Ninth Annual Conference of the Association was successfully held in Osaka, Japan on July 27-28, 2013. The local host was the Department of Economics, Osaka University.

The Association, the University of Tokyo, and the Research Center for International Econonmics jointly organized two conferences in Tokyo, Japan on March 15-16, 2013.

The Eighth Annual Conference of the Association had been successfully held in Singapore on June 28-29, 2012. Please click here for its program and to download papers.

The Association is helping set up two new, international, peer-reviewed journals, China Economic Policy Review (CEPR) and Global Journal of Economics (GJE). Click here for the free electronic subscription to CEPR.

The Seventh Annual Conference of the Association was successfully held in Busan, Korea on June 24-25, 2011. Please click here for the program, list of participants, and other information of the conference.

The Association is pleased to launch a survey series on economics and business administration. The first two volumes are Survey of Dynamic Games in Economics, by Ngo Van Long (McGill University, Canada) and Financial Aggregation and Index Number Theory, by William A Barnett(University of Kansas, USA) and Marcelle Chauvet (University of California at Riverside, USA). Both volumes are now for sale. Click here for more details and order information.

The sixth annual conference of the Association was successfully held at Hong Kong Baptist University, Hong Kong, July 8-9, 2010. Click here to get more information about the conference.

The fifth international conference was held in Santa Cruz, California, U. S. A. on June 27-28, 2009. It was hosted by the Department of Economics and Santa Cruz Center for International Economics, University of California at Santa Cruz. Click here for the program and the list of participants.

The fourth international conference will be held in Beijing, China on December 13-14, 2008. It will be hosted by the Central University of Finance and Economics. The official accommodation place is Royal King Hotel. Please click here for more information.

The third international conference was successfully held in Hong Kong on July 25-26, 2007. It was hosted by the Department of Economics, Hong Kong University of Science and Technology. Pleaseclick here for its program, the list of participants, and other information. The second international conference of the association was successfully held in Seattle on July 29-30, 2006. Click here for the program, abstracts of the papers, the list of participants, and other information. The first international conference of the association was successfully held on the campus of Hitotsubashi University on July 30-31, 2005. Please click here for more information about the conference, including its program and some pictures taken during the conference.

Please send your submission to: imikapea15@imi-k.edu.in

CONFERO ‘15

Post date November 12, 2020

International Management Institute Kolkata presents C O N F E R O ’15, the Annual Management Fest scheduled on Monday, 2nd March 2015.
The last 5 years have seen IMI-KOLKATA growing exponentially in academic excellence resulting in heart warming attention from both industry and media.
This year promises to be no different, with participation from the country’s premier B-Schools, we wish all the participants the very best.

Select List Of Participating B-Schools :

IIT – Mumbai
IIT – Kharagpur
IIT – Delhi
IIM – Calcutta
IIM – Lucknow
IMT Ghaziabad
MICA
IIM – Indore
IIM – Kozhikode
NMIMS Mumbai
Bring out the best in you. Rub shoulders Industry leaders – the spotlight awaits !

C O N F E R O ’15 Event Schedule

Events	Location	Timing
Inauguration	Auditorium	09:00 A.M – 10:30 A.M
Finanzaz	Classroom 102	11:00 A.M – 12:30 P.M
Samadhan	Conference Room / Board Room	11:00 A.M – 04:00 P.M
Manav Sampad
Yozna
Arthayog
Vikray
Quizathon	Boys Common Room	11:00 A.M – 02:30 P.M
Market – Inn	Auditorium	11:00 A.M – 12:00 P.M
	Classroom 302	12:00 P.M – 03:00 P.M
	Classroom 102	03:00 P.M – 06:00 P.M
Altruisme	Auditorium	12:30 P.M – 04:30 P.M
Lunch	Foyer Outside Auditorium	01:00 P.M – 02:00 P.M
Hrendezvous	Classroom 202	01:30 P.M – 05:30 P.M
Master Chef	Hostel Entrance	01:30 P.M – 03:00 P.M
Cricket Bid – Masters	Boys Common Room	03:00 P.M – 07:00 P.M
Scavengers Hunt	IMIK Main Building Entrance	04:30 P.M Onwards
Dinner	Foyer Outside Auditorium	07:00 P.M – 08:30 P.M
Band – Wajud	Auditorium	07:30 P.M – 10:00 P.M
Biz – Charades	Red Circle At Entrance	All Day

For More Details : Please Visit The Individual Event Page :

HRendezvous
Market – Inn
Cricket Bid Masters (Strategy)
Altruisme (CSR)
Quizathon

Key Contacts :

Vaishali More ( v.more@imi-k.edu.in ) +91-9830882270
Varun Sharma ( v.sharma@imi-k.edu.in ) +91-9836948536
Vivek Murarka ( v.murarka@imi-k.edu.in ) +919903502743
Mohammed Bugedwala ( m.bugedwala@imi-k.edu.in ) +919748626805

Statutory Rules And Regulations :

Ragging is a cognizable offence, punishable under the law and is strictly banned. Any student involved in any kind of ragging will be liable for immediate expulsion from the hostel / college .
Possession of fire arms, daggers, cycle chains, rods, iron rods or any other kind of weapons are strictly prohibited (Arms Acts.) .
No student shall occupy or interchange the room without permission and proper allotment of the room by hostel warden .
Consumption of alcohol and other intoxicants and drugs are strictly prohibited. Anyone found consuming alcohol or drugs will be expelled from the hostel immediately. No enquiry into the matter required .
Boys are not allowed to enter girls wing after 10 pm .
No loud music inside the hostel .
Students should take their meals only in the dining space provided in their respective hostels, taking meals to the rooms are not allowed except when a student is sick .
Students are not allowed to leave campus after 10 pm .

Dr. Suvendu Bose Publishes an article

Post date November 11, 2020

Dr. Suvendu Bose Publishes an article in the CA Institute, for the Ministry of Corporate Affairs, titled “State Government Accounting and Financial Management – Due for Reform”