Company Linked Training Program at MARC School of Business

MARC School of Business is the only institution in India which offers Company Linked MBA program. This unique business learning program establishes a direct corporate interface to the regular classroom teachings. Under the aegis of this flagship program of MARC, the students are taught industry specific skills with a very practical focus. There has been an ongoing debate about the mismatch between the skills imparted by the education systems and the skills demanded by the market. Company linked MBA program of MARC is intended to fill this gap with a wider corporate exposure to the curriculum.

As a part of this effort, a training program was organized at MARC School of Business campus at Bannerghatta road on 18^th of May. Imminent industry experts from various industries around the country conducted the training sessions. The students could attend the session according to their own choice and preference for specialization and industry. A total six different domain of industries were selected for the training program: Banking and finance, FMCG & Retail, Pharmaceutical, Information Technology, Manufacturing and Operations and Media.

Company Linked Training: The Guest Facilitators.
L-R: Mr. Manu, Mr. Ram, Mr. PK Das, Mr. Vishwanath, Ms Sarita Pandey, Ms. Satyadarshini Sharma and Mr. G K Balaji.

Mr. GK Balaji conducted the session on banking and finance.  He conducted the session with the theme “A peek into BFSI Segment” and discussed various corporate finance related concepts and their development in Indian context. He highlighted how relevant BFSI(Banking and Financial Services and Insurance) is to GDP, different focus of banking, growth and challenges. He subsequently explained the potential in this industry, job profiles, skills and career opportunities in various roles which are: Financial Accounting, Capital Markets, Commercial Banking, compliance and legal, corporate, credit rating, derivatives, research (equity, commodities, currencies and bonds), global custody and hedge funds.

Mr. Manu conducted the session on potential career opportunities in Retail industry. He enumerated different career paths that can lead to a successful position in the industry. Pointing to the potential markets that remain unexposed in this sector in India, he asserted the need to focus in this particular industry for spectacular growth opportunities. Various functions in this industry are: Planning, Buying, making and selling. He explained the roles of a Retailer, compensation and growth plan in individual career in this industry. He further explained how to cope up while landing in a new job (post-MBA) by understanding the dynamics@workplace, being responsive and maintaining integrity.

The session of Information Technology was conducted by Mr. Ram Powru. In the interactive session, he led the students to navigation through different opportunities, roles and profiles in IT industry. From Client Management to individual personal skills required in this industry, he elaborated the essence of applied behavior to see the bigger picture. Outhouse, in-house outsourcing, BPO, KPO, IT services, Non-IT Companies in IT industries, application maintenance, the importance of certified course in IT Industry etc. are various essential aspect of the IT industry which he highlighted.

Mr. Vishwanath conducted the session on Manufacturing and Operation industry. The basic foundation of this industry is based on several technical aspects which govern the process of procurement, quality control, logistics and purchase management. However, the contributions of various job roles in this industry are important. For example, in a warehouse/factory place, the responsibility of HR department is to get good labors with good acumen and sense of discipline, training, validation of skills etc. and this is why HR is important part.  A marketing manager has to take the onus of doing quality control, managing the lead time, managing the purchase and procurement etc. MBA students can thus, have various roles and opportunities in this industry after completion of the program.

Ms. Sarita Pandey conducted the session on Media industry. Media industry provides lucrative opportunities to creative minded people with good marketing acumen. This industry has several functional domains such as Strategic Planning, Media Planning, Client Servicing, Media Buying, Social Media and Digital Marketing and so on. Each function has different job roles across the industry based on the media. Moreover, this industry is known for its wide spread role in a society around the world and it is one of the most sought industry for ambitious marketing students around the world.

The final session was conducted by Mr. PK Das and it was onpharmaceutical industry. He described the industry in Indian context and introduced the students to a number of pharmaceutical companies in India which can provide ample opportunities to talented students. The session was more of a workshop and through different engaging activities he highlighted how this industry differs from other industries in terms of Marketing & Finance. During the inspiring session, he explained how a right career can be achieved by jumping and catching the opportunities in the right time.

It was quite a busy day at MARC campus as the sessions happened simultaneously throughout the day. A number of students enthusiastically expressed their interest to follow and join their own choice of industry and job role. The essence of this unique “company linked” aspect of management education at MARC was aesthetically palpable at MARC School of Business Campus.

Readers can see the photographs of the event in Google+ album.

ABOUT MARC SCHOOL of BUSINESS

MARC Business School is India’s First & only Business School to offer Company Linked MBA program which works on company/industry recommended skills. Recently, MARC has been ranked 2nd In India (New Generation B-Schools Category)To know more about MARC B School, visit our website or follow us on Facebook 

Financial Educational Workshop by SEBI

The US Financial Literacy and Education commission defines financial literacy as “the ability to make informed judgments and to take effective actions regarding the current and future use and management of money”. The intent of financial education is to concentrate on financial activities and behavior that promote general financial well-being and health.  Along this line, management education has a bigger role to educate the management students to explore the philosophy of financial education that can help them in taking intelligent financial decision.

A workshop was organized at MARC school of Business campus on 4^th of May, 2013 and the theme of the workshop was “Financial Planning for young investors”. It was jointly organized by Security and Exchange Board of India (SEBI) and National Institute of Security Markets (NISM). Conducted by Prof. T. S. Vidyasagar, the objective of the workshop was to spread financial education and promote savings and investments. Prof T. S. Vidyasagar is Resource person for SEBI and he has specialized in Strategic Management, Marketing & Sales, Entrepreneurship, Training and development, Brand Management and Event Management in Pharmaceutical and natural products industry. Currently, he is associated with Thimma Performance Consultants Group.

Individuals take a wide range of financial decisions in a life-time that include saving for retirements, managing credit wisely, budgeting, tax and estate planning, insurance etc. Each of these decisions is prompted by emergence of needs. To make informed decisions, the basic knowledge of finance and investment is necessary. Mr. Vidyasagar contextually explained that, an individual tends to spend the personal earnings before deciding on the remaining amount that can go under savings. However, this is not an intelligent approach for a better financial future. The preference should first be given to saving a fixed amount after which remaining amount can be spent for personal needs and expenses. This helps in maintaining a consistency in building up brighter future. He further went to in-depth understanding of financial management and stock market and how these play a pivotal role in the economy.

It was a learning session for the management students of MARC as they explored the world of financial management. “Amazing class of SEBI which compelled us to think about the stock exchange, savings and how to play with your money”, Mr. Shashank Verma said. Another Student of MARC, Mr. Om Prakash Pandey said, “SEBI class was very knowledgeable and meaningful. In that class, I have understood how we can invest are money in a logical way, how I can become a smart investor in stock market, how stock market is predicted by the knowledgeable investors. SEBI have lot of short term Courses for the students which are use full in future.” A delighted Mr. Dipankar Roy, student of MARC School of Business expresses his experience here, “Thank you so much for facilitating such kind of opportunity. The SEBI session was really informative. How we can make our investment more valuable and perfect with the help of markets fundamental analysis and technical analysis. We also came to know the quantitative analysis which includes looking at revenue, expenses, asset and liabilities and all the other financial aspect of the company, all these are the cornerstone of investing. All these geared up my interest to feed more information regarding stock and share market. So that no one can make fool in future. I would like to thank my Institute, SEBI and Government of India for such kind of initiative.”

ABOUT MARC SCHOOL of BUSINESS

MARC Business School is India’s First & only Business School to offer Company Linked MBA program which works on company/industry recommended skills. Recently, MARC has been ranked 2nd In India (New Generation B-Schools Category)To know more about MARC B School, visit our website or follow us on Facebook