Shri Arun Jaitley, Honourable Union Finance Minister in his budget speech for FY 2015-16 said: "India is one of the youngest nations in the world with more than 54% of the total population below 25 years of age. Our young people have to be both, educated and employable for the jobs of the 21st century. The Prime Minister has explained how Skill India needs to be closely coordinated with Make in India. Yet, today less than 5% of our potential workforce gets formal skill training to be employable and stay employable. With a view to enable all poor and middle class students to pursue higher education of their choice without any constraint of funds, I propose to set up a fully IT based Student Financial Aid Authority to administer and monitor Scholarship as well Educational Loan Schemes, through the Pradhan Mantri Vidya Lakshmi Karyakram. We will ensure that no student misses out on higher education for lack of funds. The IT based mechanism under the Pradhan Mantri Vidya Lakshmi Karyakram is expected to provide to students a single window electronic platform for Scholarships and Educational Loans."
Vidya Lakshmi is a first of its kind portal for students seeking Education Loan. This portal has been developed under the guidance of Department of Financial Services, (Ministry of Finance) , Department of Higher Education (Ministry of Human Resource Development) and Indian Banks Association (IBA).The portal has been developed and being maintained by NSDL e-Governance Infrastructure Limited. Students can view, apply and track the education loan applications to banks anytime, anywhere by accessing the portal. The portal also provides linkages to National Scholarship Portal.
For more details visit - https://www.vidyalakshmi.co.in/
The Winter Session of the Graduate Management Courses in Audencia Business School is a student exchange program between Xavier Institute of Management and Entrepreneurship, Bangalore, India and the Audencia Business School, Nantes, France. 40 students from XIME were part of this 10-day program, consisting of class room training, activities, field trips, industrial visits and institutional visits. Students from various institutions all over the world were invited for the program, such as the George Washington University, California University and the ESAN University, Peru. This enabled a wide range of intercultural interaction, which was like an icing on the cake.
The program’s overall theme revolved around the topic of ‘European Productivity’. It included interactive class room sessions inside the Audencia Business School, Nantes campus and industrial visit to Cointreau Distillery. The choice of subjects available to the students encompassed the fields of microeconomics.
The students also had the opportunity of visiting Europe’s three apex political bodies on their visit to Brussels namely the European Parliament, European Commission and European Council and learned about the history, the current workings and most importantly, the future of the European Union. They also visited the National Bank of Belgium which gave them insight about the financial system and issues related to EU finances.
The President Prof J Philip received the Prestigious Dr. Suresh Ghai Memorial Award for OutstandingManagement Education leadership by the Higher Education Forum (HEF), at Indian School of Design and Innovation [ISDI], Mumbai on September 3rd 2016.N2016ews
The Madras Management Association conducted competitions in business plan, paper presentation, debate, business quiz and best manager event on the 29th and 30th of September 2016 at Chennai. The theme of the event was ‘Perspectives in Leadership’. It had participants from all the premier B Schools like IIM-Ahmedabad, IIM-Ranchi etc. Three students from XIMEreached the final round in this event and Nicolette Francis of batch 21 grabbed ‘The Best manager’ award and won a cash prize of Rs 1,00,000. The runner up was MsJagruti, IIM Ranchi. The Best manager involved several rounds of contests which included an online quiz, an essay, a telephonic interview, group discussion, psychometric test, video interpretation and general questions.
The Inauguration of the First batch of PGDM programme of Xavier Institute of Management & Entrepreneurship (XIME) Chennai Campus was held on 25th June 2017. Mr. B Santhanam, President & MD, South Asia, Saint Gobain India Private Limited was the Chief Guest and Prof. Jean-Pierre Helfer, Former Dean, Paris-Sorbonne Business School & Dr. J. Alexander IAS (Retd.), Chairman of XIME Kochi & Former Chief Secretary of Karnataka were the Guests of Honour.
Mr. P. C. Cyriac IAS (Retd.) Chairman, XIME Chennai & Former Additional Chief Secretary Government of Tamil Nadu, welcomed the gathering and looked back on the cherished journey undertaken by XIME to start its Chennai campus.
Prof. J. Philip, Founder and President, XIME, said the opening of the Chennai Campus of XIME, the third after Bengaluru and Kochi, is a dream come true for him. The first batch in Bengaluru had commenced in 1995 and the First batch of Kochi campus had commenced in 2013. In continuation of the cultural and gender diversity of the other two campuses, the first batch of XIME Chennai is composed of 59 students from over 12 states, of which 20 students are girls.
Prof J Philip said that since Oragadam is a manufacturing hub, also dubbed as the Detroit of India, the focus of XIME Chennai will be on Manufacturing Analytics, Operations, Logistics & Supply Chain Management. “We hope to make a significant contribution to the ‘Make in India’ movement.
The Chief Guest Mr. B. Santhanam during his inaugural address said that the world of work has changed and today’s business school students need to be collaborative, creative, connected and driven by conscience. He added that businesses can no longer operate on the age-old adage espoused by economist Milton Friedman, that the only social responsibility of businesses is to make profits for their stakeholders. “If you asked someone a few years ago, what is the most important characteristic that you must possess, in order to succeed in business, most would have said that to be competitive is at the heart of being successful,” he said. However, being narrowly competitive no longer guarantees success. The ability to collaborate is now an absolute necessity.
The last and the most important dimension of change is that the world is suddenly beginning to wake up to its conscience. Capitalism is now focused on building trust, compassion, collaboration and value creation. “The era of conscious capitalism has just begun,” he added.
Mr. Santhanam also proposed a framework to the students and faculty, which he called ‘i10 Leadership Traits’, drawn from success stories of many leaders, and if inculcated, will lead to increased impact. The framework, he explained, has 10 interrelated traits that contribute to effective leadership: intelligence, not analytical but emotional and social; information through knowledge, framework, linkages; insight into markets, customer and industry trends; imagination in envisioning the future and being unconstrained by resources; intensity through passion, drive and involvement; inspiration to be a visionary, role model and get others to commit; influence through persuasion, consensus, teamwork and collaboration; impact through clarity of communication, personality and connect with people; and independence by being autonomous, self-motivated, possessing edge and power balance.
Prof Jean-Pierre Helfer, former Dean, Paris-Sorbonne Business School, talked of three revolutions that are changing the face of business and will impact today’s management students. The first is the absolute necessity for companies to integrate CSR into their approach. Companies have also to be very agile. “The victorious companies are the ones that adapt, those who know how to innovate, how to change markets and those who know how to reinvent business models that lead them to blue oceans instead of staying in wild competition spaces,” he explained.
The second revolution, explained the professor, is that teachers of pure management are less important today. The managers of tomorrow, he says, need an openness towards the world, openness towards philosophy, art, geography. “Marketing remains useful, but sociology and psychology are essential. Finance cannot be ignored but the philosophy to better understand whom finance is serving, is a priority. Our students want theatre classes to learn how to behave on the business scene; they want courses on art and culture,” he elaborated.
Lastly, referring to the third revolution, Prof. Helfer said today, schools and universities can no longer live in a closed space of students and their families. The ecosystem is large, and there are a multitude of stakeholders to satisfy today, from international accreditation bodies that come to audit schools, to journalists who want to rank and compare B-schools.
Fr. George Sebastian, Director, XIME Chennai & Former Dean of XLRI gave the Vote of Thanks to end the formal function.
A Post Union Budget Discussion was organized on 4th February, 2017 in which all students, faculty and five eminent panellists participated. The panellists were:-
Dr. Abdul Aziz, Economist
Mr. M. S. R. Manjunatha, Director-Brickwork Ratings
Mr. Kunal Wadhwa, Partner-PWC, Indirect Taxes
Dr. Meenakshi Rajeev, Economist, ISEC
Mr. B. Sachin Kumar, CA, Consultant
XIME International Research Conference_March 3&4_20170207032921.pdf
Ideas worth sharing is the spirit of TED. An Idea evolves when we embed it in our lives. When we do this, we embrace change and ultimately champion change. TEDxXIMEKochi aims to enable this by breaking conventions and making us rethink our realities. Only then shall we brace to alter ourselves and our reality. Combat Resilience, Embrace and Champion Change
Management fest was conducted by Thiagarajar School of Management , Madurai on 9th & 10th February 2018. XIME Bangalore team was the “Overall Winners”
The winners are:
Best Manager event : 1st Prize won by Kamala Sundaresan, Batch 22, XIME Bangalore.
B-Plan competition : 1st Prize won by XIME Bangalore team of Ananthram K and Aswin MS.
Strategy competition : 1st Prize won by XIME Bangalore team of Karthika S Das, Vernon
Rocky, and Yash Jain. 2nd Prize won by XIME Kochi team of Srivenkitesh K, Praveen Kumar
Finance event : 1st Prize won by XIME Bangalore team of Infant Pricilla and Samrudha S.
2nd Prize won by XIME Kochi - Isaac Arghandiwal, Saikrishnan, Manoj Chilukuri and Richard
Digital Marketing event : 1st Prize won by XIME Bangalore team of Anju James, Richa
Scaria, and Nandana Soman Pillai.
Marketing event : 1st Prize won by XIME Kochi team of Chintalapudi Satya,Deep Raj
Singh,Vikash Singh and Dhiraj Changia. 2nd Prize won by XIME Bangalore team of Anna
Johnson, Lenis Simon, and Shamlin Ann Roy.
Operations event : 1st Prize won by XIME Kochi team of Jeevan Karthi Hareesh Kumar and
Karan Gupta. 2nd Prize won by XIME Bangalore team of Siva Niranjan, Rose Mary Joshy, and
HR event : 1st Prize won by XIME Chennai team of Ms. Shreelekha and Ms. Maria Rhea
CSR event : 1st position won by XIME Kochi team of Karthikeyan, Jayanthan Jay and
Kanugula Lokesh Babu
Strategy Game : 2nd Prize won by XIME Kochi team of Shaurya Pandey, Yash Mehta,
Sandeepan Banerjee and Lucky Rajwani.
Apart from this few students also got “Internship offers” on the spot.
HR Team of XIME Bangalore comprising of Akshara Ganesh, Divya Garg, and Shreya Dhergwan, got SIP offer from “Techmahindra” due to their excellent performance in the competition.
Digital Marketing team of XIME Bangalore team comprising of Anju James, Richa Scaria, and Nandana Soman Pillai also received spot offer from a firm called “ Digital Deepak”.
The Doyens – Guardians of Knowledge’ is an initiative of The Hindu Group to highlight the exemplary educationists in Karnataka who have endeavored to make education inclusive, promoted the cause of education and relentlessly worked to change the landscape of education. The efforts of these visionaries, pioneers and edu-preneurs have transformed higher education in Karnataka, and has shaped the course of education in India.
The Hindu Group felicitated Prof. J. Philip, President of XIME for his outstanding contribution to Management Education in an event organized on 26 March 2017 at Ritz Carlton, Bengaluru. Apart from building XIME into a world class institution of management, he has also contributed significantly to education as Dean of XLRI, Director of IIM Bangalore, Founding Member of several Key Association including Association of Indian Management Schools (AIMS), Association of BRICS Business Schools (ABBS), Indian Association of Autonomous Business Schools (IAABS). This award was a fitting recognition to his grand vision and relentless efforts to build outstanding institutions in India.
A Coffee table book “DOYENS” was released featuring the unusual success story of XIME.
National Institute of Personnel Management (NIPM) is going to host its 36th Annual National Conference - 2017 (NATCON 2017) at Chennai, Tamil Nadu on the theme 'HR Positioning in Current Disruptive Business Environment'. NIPM Annual National Conference is one of the India’s largest Human Resources Conferences, attracting leading HR and business professionals from India and abroad. The mega event will take place on 15 & 16 September, 2017 at Hotel Taj Coromandel, Chennai, hosted by NIPM Madras Chapter.
We have been chosen as the Principal Academic Partner of the Conference and this would be an excellent platform to showcase our Chennai Campus. The XIME Team comprising of Rev. Dr. George Sebastian, Director, XIME Chennai, Prof. Sam Placid, Dean (External Program), XIME Group and Dr. Selvam Jesiah, Dean(Academics), XIME Chennai handed over a cheque of Rs. 2 Lacs to Mr S. Rajappan, Chairman Madras Chapter, NATCON 2017 on the 22nd of July at the NIPM Monthly Meeting held at Hotel Savera International, Chennai to confirm our status as the Principal Academic Partner of NATCON 2017.
XIME Offers a New Specialization in Business Analytics
Business Analytics is an inter-disciplinary area encompassing statistics (Quantitative techniques), Information Technology (RDBMS, Data warehousing, data mining, Business Intelligence, Big data, Hadoop etc.) and Business Applications (functional areas of Management viz.; HRM, Finance, Marketing, Production & Operation Management).
There are many analytics tools built incorporating the above by various organizations. Some examples are SPSS, MS Excel (+ extensions), MS Power BI Desktop, Tableau, Hadoop, Hadoop tools like Hive, and programing languages with analytics libraries like Java, R, Python, SAS etc.
Just as the technologies of internet, E-commerce and Cloud have pervaded our everyday lives within such a short span, Business Analytics is going to play a pervasive role in the life of future managers. With data growing very big encompassing traditional databases, Excel based data, unstructured data like Emails, Facebook, videos, photos and chat messages on the web, new tools are required for mangers to analyze these data-spaces and find patterns to derive business intelligence (BI). This BI can be used for competitive advantage in various functional areas. This is already happening.
We want to prepare our students by offering this Business Analytics specialization stream which consists of 7 elective courses, for job readiness and future readiness.
Introduction to Database Management (RDBMS,) Data ware-housing, and B.I [Business Intelligence].
Business Analytics using Excel / R / Python (Multivariate Analysis, Multiple Linear Regression, Logistic Regression, Time Series Analysis, Forecasting, Bayesian Analysis. In depth use of EXCEL. Introduction to R)
Introduction to Big Data and Big Data Analytics, with Tools (Hadoop based tools, MS Power-BI, Tableau etc.,)
Application of BA in
(4.3) Marketing and
(4.4) Production and Operations
(All these courses will run in parallel)
Adv. Stat Course Multi Regression, Factor Analysis, Principal Component Analysis, Canonical Correlation, etc., using SAS/SPSS or any other Statistical tool)
Data Mining: (Using EXCEL /SPSS /SAS /XLMINER/ Power BI or any other D/M package)
Partitioning data, Data Utilities (Sampling), Classification Affinity,
Prediction, Predictive modelling and analysis, Time Series Analysis,
Data Reduction and Exploration, Charting
Applications of Cloud computing and IOT [Internet of Things] and Overview of AI (Artificial Intelligence).
Hon. Sri P. Sathasivam, Governor of Kerala, presenting the Golden Leaf Excellence Award to Prof. J. Philip, President XIME for his outstanding contributions to Management Education.
The Future Kerala Education Conclave 2017, was a first-of-its-kind conference where political leaders, industry leaders, education leaders, and distinguished thought leaders assembled to review the achievements of Kerala education so far; and to brainstorm on what should be the vision for Kerala education by 2021. Prof. J. Philip, President XIME inaugurated the Conclave on 21st June 2017 at Hotel Crowne Plaza, Kochi; and shared his thoughts on the future of education in Kerala.
Hon. Governor of Kerala, Shri P. Sathasivam honoured Prof. J. Philip with the Golden Leaf Excellence Award for his outstanding contributions to Management Education. Hon. Shri. P. Sathasivam was the chief guest at the concluding session, and in his key note address, he said, “There is a need to revive the education system in Kerala and such platforms can be helpful for visionaries to share their ideas and help people work for the better future”.
The event included thought-provoking sessions, informative and enlightening speeches delivered by the eminent dignitaries. The conclave also discussed the need for education reforms and the future of the education sector in Kerala. Entrepreneurs and Education analysts who immensely contributed to the field of education were also honoured in the event.
Prof. J Philip receiving the Dr. KCG Verghese Excellence Award from Sri. K.V Thomas, Member of Parliament and Former Minister Food and Civil Supplies Govt. of India, and Justice Dr. P. Jothimani, Judicial Member, Green Board of India.
Hindustan Group of Institutions on its 50 years of exemplary services to the nation organized the Hindustan Awards Event at Hotel Crowne Plaza, Chennai, Tamil Nadu on the 29th of July, 2017. To commemorate this Golden Jubilee year, 50 eminent personalities were felicitated with the Dr. KCG Verghese Excellence Award for their outstanding accomplishments and contributions. At this event, Prof. J Philip, President XIME was recognized for his distinguished contributions to Academics, and was honoured with the prestigious Dr. KCG Verghese Excellence Award.
71st Independence Day Celebration at XIME
The Independence Day celebration started with flag hoisting by Prof. J.Philip, President of XIME which was followed by the National Anthem. Prof. Philip addressed the gathering enlightening the students on how the country has progressed since the last 70 years’ post-independence and how the responsibility of building a great nation depends on the young managers.
The awards and scholarships were then awarded to the following students:
1)Tuition fee Waiver - Batch 23
Ms. Debopriya Sengupta
Ms. Sadia Khanam
Ms. Richa Scaria
Ms. Anupriya S
Ms. Ishpreet Kaur
Ms. Teena Thomas
Ms. M. Prachita Pradeep
Ms. Simona D Fernandez
Ms. Mathi Chandralekha
2)Merit-Cum-Means Scholarship, Batch 23
Ms. U Sreelaksha won President’s Scholarship of Rs.1,30,000/-
3)Merit-Cum-Means Scholarship, Batch 22
Mr. E Pavan Kumar - M.K.Nambiar Memorial Scholarship - Rs.2 Lakhs
Ms. Prathima Dwivedi - Prof.J.D.Cherayil Memorial Scholarship - Rs.1 Lakh
Ms. Adharsha Mariam Abraham - Chairman’s Scholarship - Rs.1 Lakh
Mr. Hamid Raza Mukrani - Sarosh J Ghandy Scholarship - Rs.1 Lakh
4)Student with highest CGPA till term 3 - Batch 22
Mr. Nishant Kakkar-7.37 CGPA was awarded cash prize of Rs.25000/-
5)Students who have 100% attendance with CGPA of minimum 6.50
Ms. Suhriti Sen - 7.07 CGPA cash prize of Rs.10000/-
Ms. Bharati H.R - 6.60 CGPA cash prize of Rs.5000/-
Mr. George Kurian - 6.53 CGPA cash prize of Rs.5000/-
To encourage the faculty members, a cash prize of Rs.25001/- was declared, and the Best Teacher Award was given to Prof. Shanmugam G for his outstanding teaching and mentoring. Thereafter, School kits were donated to the students of Gubbachi Learning Community Govt. High School. The vote of thanks was then given by one of the students of XIME. The celebration came to an end with a cultural show on the theme - “Tribute to Nation.”
Mr.Anantharaman was awarded the 1st prize for Start-up Pitch by Kiran Bedi, Lt. Governor Puducherry.
CHENNAI INTERNATIONAL YOUTH FEST, 2017
Chennai International Youth Fest was held on 17 and 18 Aug, 2017 at VIT, Chennai. The event was conducted by the Ministry of Youth Affairs, Ministry of Urban and Rural Development and Ministry of Finance, Government of India.
This fest had a variety of competitions including the Startup pitch, the business jam, the business debate, the stress interview and the business quiz for the students from management background. The events witnessed the participation of students from various institutes like XIME-(Bangalore & Chennai), IIT-Madras, WCC-Chennai, PSGIM-Coimbatore, VIT-(Chennai & Vellore), and many more.
The students from XIME participated in all the events, and had a number of accolades to their credit.
Awards bagged by XIME Bangalore:
JAM (Just a minute)
Gayathri S, won the 1st Prize
Anantharam, won the 1st Prize
Ramya, won the 1st Prize
Awards bagged by XIME Chennai
JAM (Just a minute)
Mr. Dinesh Konidala won 2nd Prize
Mr. Dinesh Konidala won the 1st Prize
Mr. Prabhjeet Singh won the 2nd Prize
HIRE - ME
Mr. Dinesh Konidala won the 1st Prize
Ms. Shreelekha won the 3rd Prize
A tribute to Rev. Fr. Edward H McGrath
A Holy Mass was held on 12 August 2017 to celebrate the memory of Rev. Fr. E H McGrath, who passed away on 4 August 2017. He was instrumental in introducing management education in India and a mentor to our President Prof. J. Philip.
Fr. Edward Hugh McGrath was an American Jesuit who introduced teaching of Business Management Labor Relations in India. He taught extensively in XLRI which he cofounded, and Xavier Institute for Management based at Bhubaneswar, Odisha. He authored the Best-Seller, ‘Basic Managerial Skills for All,’ a sort of Bible for entry level managers.
The sermon by the celebrant shed light upon the humble, pious and passionate life Fr. McGrath had led through his calling. He truly abided by the vow of poverty and remained faithful and jovial even in the most painful phases of his life.
The mass was concluded by a song, composed by an alumnus of XLRI, as a tribute to Fr McGrath.
XIME hosted one of the prestigious inter collegiate B-school competition called The Boardroom Challenge conducted by The Hindu newspaper on 29th August, 2017. The competition aims to find out the best students who can be future CXO’s of the company. Students from different B-schools participated in the competition and they had to analyse a case study of Nokia’s revival in India. Nokia is now a part of HMD Global which is strategically trying to build its market in India. And thus, the participants had to present their strategy keeping up the limited funds of $ 500 million that had been provided to them. The participants had to critically analyse the situation and provided innovative solutions in terms of business, strategy and in financials. The semi-finals round in Bangalore division had 12 teams selected from a total of 1600 teams in the region. The judges for this event were Mr. Ramanujan Sridhar, CEO, Integrated Brand-Comm Pvt Ltd. and Prof Sam Placid, Director (External Programmes), Administration and Students Affairs, XIME Bangalore.
Participants came up with unique solutions on how they are going to achieve the target. The focus was to decide the product range through which the company should start its business. While most of the teams talked about the brand image that Nokia already has related to its durability and long battery life, they focused mostly on bringing the feature phones in the market considering to maintain the same image in the minds of customer. As the feature phone market segment is highly clustered, a strong brand like Nokia would surely be able to capture the market was the notion of many teams. Some also focused on the premium smartphone range where the profits generated are high. The teams in their own understanding created different product strategy in which some developed a small product range while others created a portfolio of product.
Location of manufacturing and distribution was the next major decision that the teams had to take. Given the collaboration of Nokia with Foxconn, they have to decide whether to setup the manufacturing in India or in China. Participants showcased that China gives a potential savings in terms of manufacturing of the product, India gave them an edge in responsively distributing the products. The teams who looked for China as manufacturing had shown an inventory storage of three months in their hands for smooth distribution. For those who kept their manufacturing in India were keen on building multiple warehouses across the country.
The product marketing strategy provided enormous opportunities which they can utilise to gain the market. Newspaper, print ads and hoardings were the common solutions. Unique solutions like sponsorship for sports events, collaboration with TV serials, support of in-built government apps were mentioned. The sales of feature phones were mainly focused through retail stores; smartphones sale should be done by flash sale on e-commerce platform was the opinion of many teams.
Judges analysed the teams by asking questions related how they have allocated their resources and will these allocations help them in achieving profits in the given term. They also asked questions related to the market perception of the brand in the minds of people; and how teams will be able to generate the market share that they are expecting. The first prize was bagged by the team of Symbiosis Institute of Business Management, Bangalore and the second prize was won by XIME Bangalore.
Mr. Ananthram from XIME was the youngest & the only student to be selected among the top 10 contestants (others were entrepreneurs), in E-Summit 2018, an International Entrepreneurship challenge organized by Faculty of Management Studies (FMS) Delhi, from 17th to 18th February 2018. 500 teams from across India participated in the preliminary rounds. Top 10 teams were asked to present their ideas in E-Summit and Mr. Ananthram was declared as the winner of the IEC. He received a Cash Prize of 1 Lakh, a funding worth 1 Crore from Peopleist India Private Limited and Axis Bank, fully sponsored web hosting and cloud space from F6S and a free workspace at New Delhi.
XIME students crowned National Champions at All India Management Association, 2017
All India Management Association (AIMA) conducted its prestigious National Competition for Young India (NCYI) between 3rd – 24th November, 2017 across Bangalore, Bhubaneswar, Mumbai and Delhi. The Grand Finale for the winning teams from the regions was held at New Delhi.
NYCI was launched in 2003 and is rated as one of the leading competitions on the calendar of graduate and post graduate students and institutions in the country. It is organized with the special objective of growing horizons, not only of management students but also for students from all disciplines. This is a unique platform for budding young managers to demonstrate their knowledge, creativity, experience and professional power to become ‘Leaders of Tomorrow’.
Xavier Institute of Management and Entrepreneurship (XIME) has been associated with AIMA since its inception and continued its winning streak this year too.
Ms. Kamala Sundaresan and Ms. Jessica Mathias of XIME, Bangalore emerged national champions at the 14th NCYI organized by AIMA, on 24th November, 2017 at the national grand finale held in New Delhi. Mr. Arup Das and Mr. Apurba Mukherjee of XIME, Bangalore bagged the runners up trophy. The theme for the presentation was 'Our Idea and Action Plan for a Developed India'. Kamala and Jessica competed against 12 regional winners from the North, South, East and West regions to bag the national championship. XIME is proud of its young achievers and wishes them all the best in their future endeavors.
The Winter Study Programme held at MBA Education Center, School of Business, Guangdong
University of Foreign Studies (GDUFS), China from 1st to 18th January 2018 was indeed an enriching experience. The 40 member group from XIME Bangalore and Kochi were guided through the workings of Chinese business in the classroom learning sessions and its culture through various other activities. The classroom sessions gave the students a deep insight to the success of most Chinese businesses and its correlation with their general lifestyle practices. They were also introduced to how and why the Chinese intended to focus on the so-called smaller markets like Africa and Latin America. The trip also included visits to industries like the MegaCap Group, Guangdong Eagle Gifts Co. Ltd and Guangzhou Zhujiang Brewery Group Co Ltd. The visits to Guangzhou Museum, Shamian Island and Baiyun Mountain added to the new experiences. The students also visited the metropolitan cities of Shanghai and Beijing.
XIME Alumni Association organised a grand annual Alumni Meet- Roots 2018 on 17th February 2018 at XIME Bangalore. The meet started with 'Coffee with Prof Philip', the Principal Founder of XIME and the current Chairman of XIME Bangalore. Prof J Philip welcomed the Alumni and highlighted the various achievements of XIME over the last 1 year and expounded upon the strategic tie up with XLRI. Dr. Moorthy Uppluri, Director of XIME Bangalore, addressed the Alumni and explored mutually beneficial ways through which Alumni can continue to collaborate with XIME. The formal event was followed by a wonderful evening of Nostalgia, Fun, Games, Networking and Dance. Over 90 Alumni participated in this year’s meet. The event was sponsored
by Hunger Box, a company founded by Mr. Sandipan Mitra & Mr. Uttam Kumar, XIME Alumni from Batch 12.
Xavier Institute of Management & Entrepreneurship (XIME), in partnership with Association of Healthcare Providers of India (AHPI) organized a two-day International Conference on "Best Practices in Healthcare Management'' at XIME Bangalore, Electronic City on 8th & 9th March 2018.
The conference aimed to highlight innovations in Healthcare Delivery Systems in India and several foreign countries. The conference also deliberated on the Healthcare Delivery System for the Hospitals of the Future. The event was inaugurated in the august presence of several dignitaries including Dr. Devi Prasad Shetty, Chairman, Narayan Healthcare; Mr. Sanjeev Malhotra, CEO, Nasscom Centre of Excellence – IOT; Rev. Fr. Alexander Lobo, Principal, St. John’s College; Prof. J Philip, Chairman, XIME Bangalore; and Dr J Alexander, IAS (Retd.), Chairman, XIME Kochi. The event started with the prayer song and ceremonial lighting of the lamp.
The first keynote address was delivered by Dr. Devi Shetty, Chairman, Narayana Healthcare. He emphasised on the importance of technology in the field of medicine. He talked about the Electronic Health Record System which is the key technological advancement as well as hindrance for the US healthcare system. The second keynote speaker was delivered by Prof. Mukesh Kapila, Professor of Global Health and Humanitarian Affairs at University of the Manchester and Former Director, WHO; who spoke on the “Non-communicable diseases-why business as usual won’t do?” He explained and urged the audience to Demystify, Democratize and De-medicalize the healthcare sector with new entrepreneurial ideas and conscious efforts.
Three leading hospitals from the country were invited to showcase their innovations in Healthcare Delivery Models. Dr. Ajaikumar, Chairman & CEO, HCG Ltd, talked about the value-based healthcare delivery in non-communicable diseases such as cancer and how it can be achieved. Dr. Shakti Gupta, Medical Superintendent, AIIMS, talked about the importance of governance structure and growth of AIIMS across the years. He talked about a research conducted on the understanding of the demographics of patients visiting AIIMS which gave an insight as to where the healthcare industry should focus and who their target consumers are. Dr. Naveen Thomas, CEO, Bangalore Baptist Hospital talked on the development and various initiatives which the hospital undertakes in collaboration with international bodies to achieve better rural healthcare delivery.
Afternoon session talked about the facets of Law, Ethics and Communication in Healthcare. Dr. George Cheriyan, CEO, American Medical Hospital, Bahrain told the audience that around 4,00,000 deaths occur in a year because doctors don’t follow necessary hygiene protocols. Prof. Sadhvi C. Kanth from National Law School, deliberated on how medical law came into existence and also about the various aspects of the medical jurisprudence. Dr. Alexander Thomas, President AHPI talked about the importance of communication in the medical field, and elaborated on the adverse consequences when communication fails. Dr. Murali Srinivasan, Chief of Clinical service, Manipal Hospital talked about the importance of physician engagement and the various innovative ways of patient engagement in a healthcare system. In the next session, Dr. Jaume Ribera, Director, Centre for Research in Health Innovation Management, Spain, discussed on the theme of ‘Future Trends in Healthcare: Impact on the roles of Health providers and managers’. He showcased a study on “Hospitals of the future”, involving two leading European Public Hospitals.
Day one concluded with the session where three Healthcare start-ups showcased their innovations in Healthcare. Mr. Milind Naik, CEO, Chitsak, discussed about their innovative, low cost, comprehensive assessment of Non-Communicable Diseases, which can in 10 minutes asses over 20 health indicators. He highlighted how this can become a diagnostic tool for the masses in rural settings. Mr. Ashim Roy, Co-Founder & CEO, Cardio Track showcased their innovation in Cardio diagnostic and how it could be a game changer in the diagnosis of cardio vascular diseases. Ms. Chitra Rajakuberan, Content & Publishing Lead, Tacit Key, showcased their knowledge.
Day two began with deliberations on managing innovation in healthcare. The first speaker of this session was Prof. Magda Rosenmoller, Centre for Research in Health Innovation and Management, ICSE Business School, Spain. The speaker talked about the operational excellence framework and the objective of the healthcare sector including knowledge and patient experience. She shared her insights from Europe, South American and other settings she has been working over the last few decades. The second speaker was Ms. Vera Siesjö, Country Director-Access Health International, Philippines. She talked about the various innovative multi stakeholder initiatives undertaken by her organization to increase access to quality healthcare for the masses.
Conference with an aim of showcasing business model innovation required to reach the masses, had planned a session on Compassionate Healthcare Models. Dr. G Chandra Sekhar, Vice Chairman, L V Prasad Eye Institute and Dr. Ashish Katewa, Director, Sri Satya Sai Sanjeevani Hospitals, Raipur showcased how they have altered their business model to be able to deliver high quality medical services to the poor at low or no cost. The next topic of conference was ‘Enablers of Good Practices in IT, BT, QC and AI in healthcare’. Mr. Suraj Kumar, Head Business Area, Diagnostic imaging of Healthcare, Siemens started his speech by focusing on the applications of technology for enablement of quality healthcare. He spoke about the three major reasons for digitizing healthcare: Improving patient experience, expanding precision medicine and transforming care
delivery, which would enable a smooth transition towards digitizing healthcare when paired in harmony. Ms. Nidhi Mathur, COO of Niramai Health Analytix Pvt. Ltd. deliberated on the critical issue plaguing our women, i.e. low detection rates for early detection of Breast cancer in India. Mr. Guru Prasad S, General Manager of the Healthcare division of Bosch, India started with an overview about the healthcare Industry of India by talking about the paradigm shift due to the technology disruption, contribution of the healthcare sector towards GDP, rising healthcare investments and increasing public - private partnerships.
Dr. Rajeev Ahuja, development economist, who was formerly associated with Bill and Melinda Gate Foundation and World Bank, spoke about Evolution of Healthcare policy in the country with critical insights on the New Healthcare Insurance Policy of the current government. He pointed out the importance of the successful cooperation of private, public healthcare organizations and insurance companies to develop healthcare frameworks that will help all sections of the people fairly. Dr. Rajeev concluded that it is difficult to narrow down to one healthcare model and instead the models should be tweaked according to the needs of the people. Ms. Latesh Sen, GM, Costing and Business Analysis, Radiant Healthcare Pvt. Ltd, spoke about Activity Based Costing and features of affordable Healthcare. Dr. Sarang Deo, Executive Director, Max Institute of Healthcare Management, spoke about the Operational Innovations for Hospitals of the future. He brought about the importance of digital technology in improving healthcare accessibility in a cost-effective manner. Mr. Sandeep KM, GM, Sales and Marketing, Sakra World Hospital, spoke about Ideal Hospitals of the future. He deliberated on the changing landscape of hospitals and highlighted the key points of differentiations for the future hospitals.
Two distinguished dignitaries addressed the audience during the Valedictory Session of the International Healthcare Conference. Mr. Rajendra Pratap Gupta, who is currently the Advisor to the Union Minister of Health and Family Welfare, first addressed the audience. He spoke in detail regarding the Roadmap to Implement the New Healthcare Policy 2017. He was in the team of policy makers and spoke to the audience about the process of policy drafting along with the implementation of the same. He explained how the new policy revolved around one motto: ‘Healthcare for all’. Dr. Thuppil Venkatesh, who is currently the Professor Emeritus at St. John's Medical College, Bangalore spoke on ‘Building Excellence in Healthcare Management’ and emphasised with the help of various case studies. This was followed by a Q&A session where delegates asked extremely insightful questions. The session ended with the Vote of Thanks and the Prayer Song sung by the students of XIME.
CRANIUM is the Management Fest organized by CMS Business School, Jain University annually at Bangalore. Mr. Nikhil Jain of XIME-B bagged the First Prize in the Marketing Event and Mr. Krishna Thakkar bagged the First Prize in the Best Entrepreneur Event at the regional events held in Bangalore. Both students won a fully sponsored trip to the Grand Finale in Singapore organized from 29th October to 4th November 2017. After 4 rounds of presentations, Mr. Nikhil Jain and Mr. Krishna Thakkar won the first position in Marketing and Best Entrepreneur Event respectively, competing against some of the best teams from across the Country. Thus our students added another feather to the winning habit at XIME and have made us all proud!
Dr. Moorthy Uppuluri has joined XIME as Director of the Bangalore Campus on 29th December 2017. And Fr. George Sebastian resumed the Director's position at XIME Chennai. Before joining XIME, Dr. Uppuluri was the MD & CEO of Randstad India, a Dutch MNC well known for HR consulting and had held leadership positions in
Microsoft & GE. An engineer by training he had obtained MS from Northern Illinois University, MBA from Spring Hill College, USA and a Ph.D. from the University of Hyderabad. He will bring in a great value-add to XIME in the areas of teaching and training in general and in research, consultancy and institution building in particular.
Business India, a top Business Magazine of the country, in its December 18-31, 2017 issue has ranked XIME as the 22nd Best B-School in India. XIME was previously ranked by the same magazine at 25 in 2016, and 39 in 2015. The impressive progress in XIME’s ranking over the last 3 years is a testament to the quality of the PGDM programme at the Institute, its placement record and significant achievements of our students. XIME aspires to be within the top 20 ranks by 2020.
The Finance Club of XIME organized a panel discussion on the Annual Union Budget (2018-2019) on 7th Feb 2018, where the impact of Budget on various sectors such as Agriculture, Healthcare, Education, MSME, Banking and Finance were discussed by eminent panelists. The guest speakers for the event were Mr. Babu K. Thevar, Chartered Accountant, Chairman Indirect Committee, South Indian Regional Council, ICAI, Bangalore Chapter; Mr. Vijay Krishnamurthy, Former CFO, Legal Head and Company Secretary of Tata Elxis Ltd; Ms. Shubha Ganesh, Fellow Chartered Accountant, Founder of Money shiksha and Guest Faculty in IIMB and CA Chandrashekar, Partner at Shekar & Yathish Chartered Accountant Firm, Bangalore. After listening to the Guest Speakers’ views about the Present Union Budget, an interactive Q&A session was held. The session ended with a vote of thanks and mementos were handed over to the esteemed panelists.
XIME Bangalore celebrated Republic day amid much fanfare. After the national anthem, Dr. J. Alexander, Chairman, XIME Kochi who was the chief guest hoisted the national flag. The Chief Guest of honor gave a rousing speech regarding the duties which the future managers have towards the country, and the importance of being ethical in business in the contemporary business environment.
Finally, the event concluded with the senior management awarding 9 merit cum means scholarship to the following batch 23 students Arka Mukherjee, Divya Garg, Ramya R, S Santhosh Kumar, Shamlin Ann Roy Pulpel, Siddiqui Anam Shakil, Mohamed Ali A, Subham Bhattacharya, Yuva Vigneas S.