Management Studies

The focus for the academic year 2018-2019 was to further enhance and reinforce the culture of research based interactive learning amongst the students. The theme for the year “Innovation for Community Gains” was also incorporated in our departmental activities and in projects undertaken by the students.

This report gives a brief overview about the activities of the department in the academic year 2018-2019

We strongly believe that students should have a good understanding of the concepts as only then can they apply practically. In order to achieve this, we made changes in the course structure by adding new electives papers and have also constantly worked on the syllabus so its relevance holds. The department now offers three electives each in Semester V and Semester VI in addition to the existing compulsory courses. This provides the students with a wider choice in their final year to pursue specific interests in the wide-ranging field of management. The two new courses that were introduced were Training & Development (Semester V) & Econometrics (Semester VI)

With the incorporation of the new taxation structure in the country, we were one of the first colleges in the city to design a new course ‘Elements of Taxation’ which included both the Direct taxes and the norms under the new GST Policy. This year we enhanced and upgraded the course under the guidance of the Board of Studies.

Seminars and Workshops

Bridging the industry’s academia gap is one of our prime focus so that our students not only have a good understanding of the concepts but are also better equipped for their internships and final placements. The seminars and workshops held are briefly listed below:

• CONFLUENCE ’19: Statistics in Business and Media

A Joint Seminar was organized on the 19th of January 2019, by the Departments of BMS, BMM and Statistics under the DBT grant scheme, Ministry of Science & Technology. An interdepartmental seminar such as this provided good exposure to the students.
The speaker lineup included:

1.Mr. Abhishake Mathur: Senior VP Head Investment Advisory and Services ICICI Securities

2.Mr. Balkrishna Parab, Prof JBIMS and Chair professor, IMC for Banking & Finance

3. Mr. Ashwin Srivastava, Forbes 30 under 30 and Co-Founder Idein Ventures 

4. Mr. Derrick Gray, Media BARC

5.Nivedita Ravishankar (Media & Advertising)

• Session by Fr. Francis from the Wellness Center of St. Xavier’s College on Human Values and Righteous conduct by building self-confidence was held on July 2018 for FY BMS.

• Session on Intellectual Property Rights and its importance by Ms Joanita Britto was held on 09th August 2018 for TY BMS

• Session by Ms. Sefi George on Understanding Social Cultures across nations was attended by 25 students of TY BMS on the 10th of August, 2018.

• Workshop on Career in Civil Services byVision IAS, New Delhi was held on 13th of August 2018, and was attended by 90 students of different streams.

• Creativity workshop by Mr. Aspi Shroff on Understanding Self, was held in August 2018. It was attended by 65 students of FY BMS.

• Talk by the Vice President of the Legal Department of SEBI, Ms. Reshma Goel on Investor Protection was held on 11th  August 2018 for SY & TY students.
  

• Mr. Harish Menon, Vice President of Tata Sons spoke aboutEthics in Business on11th February 2019 to TYBMS students
  

•  Ms Sagarika Ghose, renowned journalist with the Economic Times spoke about her book ‘Why I am a Liberal?’ on 12th January, 2019.
  

• Ms. Steffi Ebnert addressed SYBS students on Understanding the Indian Constitution on 15th January 2019.

• Representatives of Byju’s Learning Pvt. Ltd spoke about GMAT & GRE (foreign education) on the 23rd January 2019 to SY & TY students

• Session on Peace and Meditation through Yoga was organized by Fr. Prashant on the 9th of February 2019 for TY BMS
  

• Dr. L Kasat, a motivational speaker addressed SY & TY BMS students on Corporate Etiquette and maximizing one’s potential in February 2019.

• Antarchakshu 2.0 was organized by the XRCVC. This year the focus was On Human Values of understanding the challenges faced by the visually challenged It was held on 11th February 2019  for TY BMS and 14th February 2019 for FY BMS.

STUDENTS’ PROJECTS: 

A few projects that our students undertook are listed below, thus throwing light on the project-based learning methodology that we adopted during this academic year of 2018-19. 

• Understanding the Humans of Mumbai: a project done by the FY BMS students in order to gauge the aspirations and problems of the common man. 12 projects were undertaken in the city of Mumbai as a part of a special course.

• Students of Training & Development conducted a live training programme over multiple sessions for FY students.

• Group based market research with 300 respondents per project was confucted on consumer behavior related topics and analyzed statistically as a part of internal assessment.

• Understanding the financials of companies and also getting hands on experience with various financial instruments was also graded as a part of internal evaluation.

“Technical Analysis of stocks” was the course offered under the Honours programme. 37 students registered for the course

The students of SY BMS visited various facilities like Sarvodaya Hospital Blood Bank and a few other production facilities to study the concepts of Total Quality Management. 

Dhruv Maniktala and Naayl Humza (TY BMS) represented Mumbai in the International case study competition that was held by the Milgard School of Business, University of Washington, Tacoma (February 2019)

Apart from these achievements, many students have also taken part in student exchange programmes with Harvard University (HCAP) and many other international exchange programmes. Anjali Khandelwal (SY BMS) went to SOAS for a transfer credit under the Erasmus scholarship offer for students.

Placements: 

30 students of the TYBMS batch got placed in various companies through the campus placement process. A few of the companies are listed below. The job profile was majorly consultancy based. However, a few were also in the field of Human Resource and Marketing. 

ZS Associates India Pvt. Ltd, Bain Capability Network, Aon Service Corp., Great Place to Work, DSV Air & Sea Pvt. Ltd. Citibank, Times Internet, Deloitte, Zomato, Arete Advisors LLP, Kapso Business Services, ICICI Bank, TechnoServe India

Organica Biotech Pvt. Ltd., and Kapiva Ayurveda

25% of the students opted to pursue further studies.

Post Graduate Studies:
The following students from the previous two years joined for PG studies in 2018-2019

Entrepreneurial Ventures started in 2018-2019

Most of the students interned in various organizations during their Diwali, Christmas and summer breaks and shared their experiences with the class. 

The use of the anti-plagiarism software Turnitin has made sure that all assignments and projects are true and original. The students have been guided by the teachers to inculcate a spirit of research and the end result has been worth the effort. Their projects were commended by not just the external academic experts who had come to evaluate them but by industry experts as well. 

I would like to conclude by saying that it was by the grace of God that all our efforts were successful and we will strive to raise the bar higher in the coming academic year. 

Soni George Tharakan

Head, Management Studies