Saturday, November 22, 2008
The auto-ride from IIFM gate to IIFM main-building confirmed one thing that this place is worth spending two years. I had already started thinking of my life at hilltop. A few hours later, post my GD/PI (which ensured that if the selection committee had nothing against my face and my 'bihari' accented English, I was almost in.) I saw some faces oozing familiarity to the surrounding and moving towards bushes adjacent to old hostel buildings. I followed them a bit hesitantly and reached a place which gave mesmerizing view to a water body, Bhopal city and the sun set. I was at 'Sunset Point'. To hell with placement figures and apprehension of joining a sectoral b-school, this is the place to spend two years.
Seven-eight months later, sunset point was part of our life. The rocks there carry ancient paintings and have been part of memories of many lifelong partnerships. Not to mention, the area surrounding sunset point being a good habitat for peacocks and birds.
Now, about a couple of weeks ago, a mail landed in my mail box conveying the sad news. The new expansion plan of IIFM is going to result in constructions around 'sunset point' . They are going to build faculty houses in that area; there is going to be sunset for sunset point. There is nothing much I can do here apart from making a sincere request to concerned decision-makers to think about the proposed construction plan. IIFM campus is big enough to accommodate houses for each and every member of IIFM family, the sun set point can be left alone.
But, I must confess I do not have the full picture. There are not many ways that we can get unless decision makers start using some of the tools IIFM advocates and champions. Stakeholder Analysis, Participatory Decision Making, EIA... these words are probably used most on this Bhopal hilltop than anywhere else.
Thursday, November 20, 2008
Tuesday, November 11, 2008
Alumni Committee - I loved the momento!
Please share the photographs asap.
Thursday, October 09, 2008
A recruiters (especially those recruiting for managerial posts and not for skill specific jobs like programmers or firefighters) primarily assess the total value a candidate brings to the table and unlike one's individual skill sets, knowledge and training, whose effectiveness is tested only after certain amount of time, network's effectiveness is pre-established and known. It brings immediate value in term of providing an indirect connection for the recruiting organization to a network, which can be exploited in many ways. I know many people who rely hugely on their professional network / college network for effective execution of their professional assignments. Ask anyone working in development sector, they will vouch for it. And here by network I am not referring to only college/ alumni network, it can be your family network (being relative of a minister/cabinet secretary!!) or social network or professional network in terms of contacts and references you carry with yourself from your past organizations/assignments.
The other significant advantage of assessing this attribute is that one can predict future performance to some extent based upon the performance of network members. It gives a sense of your potential. It builds one's credibility.The differential pay packages offered to candidate with same qualification from different institutes is reflection of this value and risk assessment only.
And sometime the network becomes more important than the candidate. After all, the potential of a wire depends on the power source it is connected to. :)
( There are some 'head fakes' here.. You can surely gain some extra points if you know how to use your networks.. .. oh .. there are more than a couple of 'head fakes' here.. Sorry I just finished The Last Lecture by Randy Paush .. and I liked the use of 'head fakes' ...)
Monday, September 22, 2008
Monday, July 07, 2008
Ujjawal has realized now that he is in love. I have always been in love – but the euphoria is over. I had come to IIFM with a completely different mindset – one teetering more on dreams than what it actually offers. Not that the dreams have shattered – they still form a core of my everyday life, but are dormant. I now know where exactly IIFM can take me… if I only want it… if I only work for it – the destination is ahead, but what about the journey?
This one year has taught me a hell lot of things (keeping awake till late, for instance – I used to call it a day by 10 p.m.!). But the best part of this has been that I have not been taught – I have learnt. And to me, it is a very significant difference. Always the one to question things not understood by me, I have worn my audacity on my sleeves – to not-so-rosy effects. Like the day I was chosen Principal of my school for Teachers' Day, and I went to school wearing a trendy sleeveless t-shirt just because I was tired of all the 'official' stuff (already!), and the teachers were so appalled, they turned dumb with shock – they just stared at me, and didn't say a word.
IIFM has always been close to my heart – and I wish to experience each and every part of it personally. I make night visits to places I find interesting. Every night, I want to sleep in a different place, just to make it a part of me. But again, 'society' stops me – literally. And I am dragged back to the mundane. Why do I allow this? Where are the dreams which drove me? Am I digressing, or am I mainstreaming?
Moot questions all… and for now, I am just content – content doing my own thing, my own way, remaining inconspicuous to the world at large. Not for me the attention… what draws me near is the strange…
--Siddharth Iyer (PFM '09)
Friday, July 04, 2008
I am in love.....
I am in love.....
Yes this is true and now I will have to live the rest of my life with the fact that I am in love and I could not do anything about it, because I know that however hard I might try, I can’t have it forever.
But just one year... too bad!
Also, late realization is another sin that I have committed. Had I realized it earlier, I would have made the best use of the time, since we have been together for past one year. How true it is that you come to know something’s importance when you don’t have it. Only I can understand how desperate I was, to be united with my love when I was away on my internship. Now no prizes for guessing who I am in love with... so public, junta, friends and admirers, and those of you who are waiting with bated breath (probability of which is .00001), it is my own heaven IIFM!
Back from the summer internship, after two long months, I am loving it even more. What is more fascinating is the opportunity to “baaton gyan” to the new batch of PFM 2010 – the new batch is great and seems to have immense potential, the sooner they realize, the better it would be for them (look who is saying this!).
The best part of the orientation sessions (or the honeymoon as we call it here) this year was the guest lectures. Many eminent personalities were called to deliver different perspectives and the sector specific opportunities and the challenges that we will face once in the field. It was great to interact with Prabhat Upadhyaya, Sachin Badkas and Shreyamsa Bairiganjan – our own IIFMights who took pains and came down to the campus to share their experiences and discussed various job opportunities in different sectors, with us and the new batch.
Now coming back to my love, it was all glittering and shimmering, with new additions like a sports complex, lawn tennis court and a much needed canteen. Library became air conditioned, so now I don’t have any excuse not to spare time for some books and journals.
Life is business as usual for me but full of CERs and VERs for our Envi’s (batch mates who eat carbon, drink carbon and sleep carbon); but I am not bothered – at least for the time being – I am with my love, and obviously I am loving it!
-- Ujjawal (PFM 07-09)
Saturday, March 01, 2008
Abhishek: "One Man Show"
Email Id: firstname.lastname@example.org
Abhinav: "Deep and Dependent"
Amit: He stresses too much on "M"
Email Id: email@example.com
Anurag: "Matrix Trilogy"
Email Id: firstname.lastname@example.org
Arjun: "....in between Optimism n Pessimism "
Email Id: email@example.com
Atul : "Life is Beautiful"
Email Id: firstname.lastname@example.org
Gitesh: "Feel Good"
Email Id: email@example.com
Garima: "Searching Books in which She will be able to find something about Her"
Email Id: firstname.lastname@example.org
Jitendra: "Right Hand of God"
Email Id: email@example.com
Email Id: firstname.lastname@example.org
Kalpana: A Tigress in a bowl
Email Id: email@example.com
Kanika: Here's my question...
Email Id: firstname.lastname@example.org
Kshitiz: "To Be Or Not To Be"
Email Id: email@example.com
Vaibhav : "On the Rocks"
Email Id: firstname.lastname@example.org
Lalit: "To love at all is to be a vulnerable Lover"
Email Id: email@example.com
Manish: The Devil God
Email Id: firstname.lastname@example.org
Neha: "Illusion of Life"
Parul: "Chocolaty Life "
Email Id: email@example.com
Pranita: "Emotional Recycle Bin"
Email Id: firstname.lastname@example.org
Prashant: "if u cant convince people...confuse them"
Email Id: email@example.com
Priyanshika: "I am what I am"
Email Id: firstname.lastname@example.org
Rahul B. : "My History Can Beat Up Your Politics "
Email Id: email@example.com
Rahul K.: "Living My Dream"
Email Id: @gmail.com
Ranesh: How's That....?
Email Id: firstname.lastname@example.org
Ravi: "Honest Reflection "
Email Id: email@example.com
Sameer: "Success lies in dream....so go and sleep"
Email Id: firstname.lastname@example.org
Shakshi : An Individualist trying hard to change life
Shail: He says "I can kill anyone for the Nobel Peace Prize"
Email Id: email@example.com
Shweta : Its not about "Age", its about "Mileage" :D
Email Id: firstname.lastname@example.org
Shreshtha: "I think I am the Best....and...... I believe that I will be "The Best" One Day"
Email Id: email@example.com
Siddharth: "Marketing with Style n Brands"
Email Id: firstname.lastname@example.org
Sonal: "A Protected Candle Light and A Beautiful Mind "
Email Id: email@example.com
Me : :)
Email id: firstname.lastname@example.org
Srey: The Lost Soul ; Am I what I am ?
Email Id: email@example.com
Sunil: "Cool Tunes of Life and Nature"
Email Id: firstname.lastname@example.org
Sudeep: "Our first and last love is....Self-Love"
Email Id: email@example.com
Varun: Life is short, Make the most of it!!
Email Id: firstname.lastname@example.org
Wednesday, February 13, 2008
This year, I along with Ravi got the award for the training we did in Development Credit Bank Ltd, Mumbai. The project was on Urban Microfinance.
We got the award for Second Organizational Training where as Dr. Varun Bangia got the award for First Organization Training work which he did at Dabur Pharma Ltd. (up to PFM 06-08 IIFM had 2 Organizational Trainings, PFM 2009 onward IIFM is having One Organizational Training i.e. Summer Internship).
Life at IIFM once again proved to be full of surprises and once again echoed the expression “These are the Best Days of My Life“.
I thank everybody specially my batch mates who voted for me (and also to those who did not), dearest alumni, faculty and most importantly Kartik Sir, Deepika Mam, Vidya Sir and Sandeep Sir of DCB.
[Post Contributed by Soumik Ghanta, PFM 08 batch]
Sunday, February 10, 2008
What are the traits and factors which decide whether somebody is going to be an entrepreneur or not? Are there some factors/traits which are more important than other for being a successful entrepreneur?
A research paper by a team of researchers from The World Bank, CEPR and CEFIR, provides good insight on above question on the basis of data collected on 400 random Brazilian Entrepreneurs.
Some interesting findings from the paper:
- Brazilian entrepreneurs are coming more from rural areas than urban areas and they are more likely to be married and less likely to be overweight. They are taller by one cm (approx) than non entrepreneurs.
- Entrepreneurs were more patient than non-entrepreneurs and they expect lower returns on their investment than non-entrepreneurs (18% against 24% expected by non entrepreneurs).
- Entrepreneurs put more value on children's education than non-entrepreneurs.
- Entrepreneurs show more trust than failed entrepreneurs do.
- Exploring the sociological characteristics of entrepreneurs, the paper shows that entrepreneurs are more likely to come from a family of senior managers, officials than workers. They also have more relatives and friends running their own business compared to non-entrepreneurs have. Though the social network has some role in deciding whether one is going to be an entrepreneur, but does not affect whether one is going to be successful entrepreneur.
- Entrepreneurs are also more likely to come from a large family.
- Mother's education seems to have some impact on entrepreneur's success. The mothers of failed entrepreneurs were less highly educated than the mother of entrepreneurs.
I do not know to what extent we can generalize the findings of this report, but surely it makes an interesting read. :)
Wednesday, February 06, 2008
The list of candidates shortlisted for Group Discussion and Personal Interview for PFM 08-10 batch is available on IIFM website.
You can also get some insight about the admission process and the program from the discussion on Pagalguy Forum. Click here to visit the forum.
Friday, January 25, 2008
Mr. Bill Gates has already divulged his plans to move from 'active role at' Microsoft to 'full time role at' Bill Gates and Millinda Gates
Read more in this article here
Sunday, January 13, 2008
Placement 2008 is over and like the previous years, we achieved 100% placement in no time. PGDFM 2008 rocks!! We started where our seniors had left and with great satisfaction. Our batch’s placement is more precedent in a sense that almost everybody got the job in the sector they wanted. Be it Microfinance, be it Corporate or Environment, every one has gone to his or her desired field. IIFM is best in this aspect that it offers equal space to everybody and our batch has been able to fit itself in the desired space.
The placement process was over in two days as almost the whole batch was placed in those two days. Though one org. delayed the declaration of result but surely when it confirmed the celebration got intensified and more “spirited”.
Microfinance is most buzzing word and being a specialized institution, IIFM has been able to maintain this niche area that has been built up over the years. This year almost 16 people are directly dealing with Microfinance. Fourteen students in SKS Microfinance and two students in Development Credit Bank Ltd. Package for SKS is Seven Lac while it is Six Lac for DCBL. On corporate arena, one is joining ICICI Bank while five are joining HDFC Bank. FINO, the technology provider for financial institutions, selected one.
Thanks to our seniors, Marketing Research Organization like International Market Research Bureau (IMRB) came down to campus and recruited four students with package of 5.6 Lac. Apart from DCBL, the organizations who made inroad this time to offer diversification in placements are Indian Oil Corporation, IMS Learning Resource, Emergent Venture India (EVI) and Cantor C02e India. IOCL took two for its Biofuel operations. IMS and EVI each selected two. Consultancy firm Cantor C02e India has recruited one for Carbon Trading related operation. Another research institute, IFMR (Centre for Development Finance) selected one. The only oversea placement was offered by Global Timber Trading Org. Olam International with package of about 25 lakh and in the forestry sector the only Job was offered by Harihar Polyfibre (Part of Aditya Birla Group).
Prof. Biswas as Placement Chairperson has done amazing work for our placement and a large part of placement success can be attributed to his efforts. Kudos to the Placement Committee, especially Abhinav (placement Cordi) and Prashant (OT Cordi) for their hard work. Guys, we are thankful to you and you both deserve treat from each of us. Now its party time, so getting ready for the blast!!!!!
[The figures are approximate and exact figure will come on Official site of IIFM- www.iifm.ac.in]