Young academics bring in a youthful, dynamic energy to the classrooms of Jaipuria Institute of Management

Prof. Kalyani Parmal is a teacher as well as a student of Finance!

A youthful and vibrant figure, Prof. Parmal is one of the youngest teachers on the Jaipuria Jaipur campus, with just about two-and-half years of teaching experience. A natural researcher and academic, Prof. Parmal is in the last leg of two immensely challenging educational qualifications – a PhD as well as CA. This is can be very stressful – unless, of course, you are absolutely passionate about Finance.

“Financial Management is one of my favourite teaching areas. I love to shoulder the responsibility of making students understand the need and importance of Finance, gradually making them comfortable with the subject to the extent that they start loving it. It gives me immense satisfaction when my students start playing with numbers and display great confidence with the subject.”

An MS (Finance) and a CFA, Prof. Kalyani Parmal’s classes are always abuzz with activities like debates, group presentations, case analyses, or even quizzes. Students at Jaipuria Institute of Management carry the opinion that Prof. Parmal’s teaching method strengthens the weak, and encourages students to be up-to-date in financial matters.

“Workshops and seminars are part and parcel of the Jaipuria Institute of Management culture,” emphasises Prof. Parmal. “Organising the unique ‘One Day MBA’ programme has been by far the most interesting experience for me. All these interactions bring ‘straight-from-the-horse’s-mouth’ knowledge on how industry operates.”

Often described as a bundle of energy by her fellow faculty members at Jaipuria Institute of Management, Prof. Parmal enjoys exploring the financial aspects of different topics and domains. She defines Jaipuria Institute of Management as “wonderful, with a fantastic work culture”.

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Director’s Message

A chat with Dr. Jai Prakash Upadhyay, the new director of Jaipuria Indore, on his vision and mission for one of the fastest emerging b-schools

On the 21st of July 2012, Dr. Jai Prakash Upadhyay took over the reins of Jaipuria Institute of Management, Indore. A PhD in Management from IIT-Delhi, Dr. Upadhyay carries more than 25 years of diverse experience with organisations with the Government of India and Afghanistan, as well as the United Nations (UNDP & International Organisation of Migration). For more than a decade now, he has been involved with Executive Education at the national and international level, with premier management institutions like FORE School of Management, IMT Ghaziabad and WIU. He has conducted around hundred MDPs for senior executives of the public sector and for MNCs, including international organisations like UNDP, UNICEF & WHO.

Below is a short excerpt from a chat between the Campus Journalists of Jaipuria Institute of Management, Indore and Dr. J.P. Upadhyay on his views about the brand new, first-of-its-kind digital campus of Jaipuria Indore, and his vision for the institute.

Campus Journalist – Welcome to Jaipuria Indore, Sir. We wish you a wonderful tenure ahead. Firstly, how do you see your role as the Director of Jaipuria Institute of Management, Indore?

Dr. Upadhyay – I see myself as responsible for the overall functioning and growth of the institute. We are part of the Jaipuria of Management institutions and have a shared mission and vision. As the Director, I have to manage all the three verticals of the institute – academics, administration and external interface – and lead ‘team Jaipuria Indore’ to achieve the mission and vision of the institute.

I have adopted a highly consultative and participative approach in managing the affairs of the institute. Academic issues are discussed and decided in the meetings of the Faculty Council, which meets almost every week. Even for managing the administrative and campus development issues, we have set up committees. My endeavour is to create synergy and collaboration between various committees/teams and to ensure that they are mission driven and vision aligned.

Campus Journalist – How has your teaching and industry experience been so far? Are there any particular experiences you would like to share?

Dr. Upadhyay – I cherish my experience as Institutional Development Advisor of UNDP, when I set up the Afghan Civil Service Institute in Kabul. I led the institutionalisation of its organisational structure, staffing, training curriculum and operational manuals; I also prepared its strategic plan. I mentored the faculty and management team of the institute. Another assignment I enjoyed was as Professor & Programme Director at FORE School of Management, Delhi. I’ve also enjoyed the challenges of advising organisations in implementing the Balanced Score Card and setting up mentoring programmes. (I am a certified designer and implementer of Balanced Scorecard -a strategic performance management system from 2GC, Australia).

My experience has been mostly in the management of large public delivery systems, and designing and implementing capacity development interventions. I’ve also led and managed the Learning and Development function in large organisations at a national and international level. Currently, I am doing a consultancy assignment for UNDP to design a leadership competency framework and training strategies for civil servants.

Campus Journalist – I think it was in that context that you were recently invited to address an international seminar on ‘Civil Service Leadership for 21st century’ held in New Delhi in September, wasn’t it? On a different note, we know that you have led nearly 100 MDPs through your career. You are a certified ‘Trainer of Trainers’ in Training Needs Assessment, Design, Management and Evaluation of Training from Thames Valley University UK, ITC, ILO Turin (Italy), and AIT Bangkok. Do you see this as one of your thrust areas in Jaipuria Indore?

Dr. Upadhyay – Undoubtedly. Conducting MDPs and facilitation skills is my forte and I enjoy organising Capacity Building and Personality Development workshops. You must’ve already experienced the recent workshops on ‘Enhancing Self Awareness’ and ‘Enhancing Self Effectiveness’ for managing stress and enhancing concentration. We will be building on this expertise to conduct Executive MDPs for Corporate Houses in Jaipuria Indore.

Campus Journalist – What will your philosophy be towards classroom teaching and pedagogical tools?
Dr. Upadhyay: I enjoy engaging and enabling, and believe in infusing a high degree of academic rigour in whichever organisation I serve. As a ‘Trainer of Trainers’ I am slowly and steadily bringing in new training technologies and techniques to the classrooms of Jaipuria Indore, with extensive use of real life cases and illustrations. I believe in adopting a basket of methods to suit diverse learning styles and ensure class participation. Personally, storytelling and humour are an integral part of my delivery style. It leads to high engagement with students and helps me enjoy taking classes.

Campus Journalist – Thank you so much for your time, Sir. We hope to gain immensely from your diverse leadership experiences. We already see a lot of energy and enhanced corporate interest in Jaipuria Institute of Management, Indore since your arrival.

Industry Interface

Jaipuria Indore explores the link between spirituality and management with famed author achal rangaswamy

In its continuous mission to bring a wide spectrum of opinions and perspectives to its student managers, Jaipuria Institute of Management, Indore invited Achal Rangaswamy, the celebrated author of books like ‘Beyond the Uncharted Landscape’ and ‘Time is Money’, on the 1st of September 2012. With his trademark wit, Achal Rangaswamy brought in a profound perspective to management in his address to the audience at Jaipuria Indore.

“When I passed out of St. Stephen’s college in New Delhi, I just wanted to ride a ‘Bullet’. I went about asking people, ‘Will you give me a Bullet to ride?’ till a British guy – the sales head of a multinational company – said ‘I will give you a Bullet, but you’ll have to work!’ The deal thus struck, he gave me a Bullet to ride, a salary of Rs. 200 per month, and an assignment in the interiors of Rajasthan. I met all kinds of people, visited many places and enjoyed my work as well. I did 200,000 kms on that Bullet.”

Achal Rangaswamy has captured his 33 years of rich work experience – 22 of them as the Head of Sales and Marketing – in a book titled ‘Beyond the Uncharted Landscape’.

“Had I named my book conventionally, I would’ve actually called it ‘What Indian B-Schools Need to Teach’. This book is co-published with the Sri Aurobindo Society, Pondicherry. They felt that despite being a management book, it has a highly spiritual current’.

Achal Rangaswamy strongly believes that Sales or Marketing Heads today focus too much on their watch, laptop or mobile. He asserts that this is not how leaders behave; leadership is not about demonstrating how much you can do by yourself, it’s about motivating and overseeing others to get the job done.

“A company is like a machine, and a leader is a component of it just like many others. It is not ‘where’ you are in the organisation, but ‘what’ you are to the organisation that matters; and once you realise this, you will give your best.”
Achal encouraged the youngsters of Jaipuria Indore to always follow the calling of their heart.

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Jaipuria’s IMP – Chisel teams carve out some glowing reports.

Jaipuria Institute of Management students participating in the Industry Mentorship Program (IMP – Chisel) have carved out an excellent name for themselves among employers.

Under the IMP – Chisel program, students interact directly with industry, working on live projects for about 15 days per trimester along with peer, industry and faculty mentors.

This direct hands-on experience in industry allows students to put their classroom learning to the test with practical experience, helping turn them into management professionals.

Four businesses which recently took on Jaipuria students under the IMP – Chisel program had nothing but good to say about the experience.

Sayaji Hotels Limited, which operates a restaurant called Kebabsville, asked students to tackle the problem it faced with customer wait times.

Kebabsville has a seating capacity of around 200, but during weekends the traffic increases greatly and because seating can’t be increased due to space constraints, the average waiting period for customers grows.

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Jaipuria Indore is a wonderful management institute which focuses on one’s overall development to make one professional and presentable

Before joining Jaipuria Indore, Geet has worked with leading Radio Channels of the Times Group and Dainik Bhaskar Group. He recently won the ‘Campus Jockey Hunt’ of MyFM 94.3.

“You can only understand life in Jaipuria Indore if you stay here, and get an eyeful of the beautiful landscape all around. It’s a fully residential campus. Living here 24 x 7 with friends, studying and enjoying all the passions of life is absolutely fantastic.”

As a summer intern with Zeeco Media Private Limited in Delhi, Geet organised the Gulli Premier League in the NCR region. RadioCity 91.1 FM sponsored this event.

“Before Jaipuria Indore, I had helped organise the Ganga Avtaran event by the Paridhi Art group in association with the Uttarakhand government. But here in Jaipuria Indore, I understood the systematic way of organising events like the ENCORE 2 fest, the National Business Olympiad, and MILAN – a student exchange programme between the four campuses.”

Geet, who is specialising in Marketing, feels that Jaipuria Indore focuses on one’s overall development and makes one professional and presentable.

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“Being selected by NDTV for training was a dream come true” says Sravanti Ivaturi

Sravanti, born in Bhilai and brought up in Jamshedpur, graduated from Hyderabad. While in Hyderabad, she was part of the “Special Associate Trainee Programme”, which was Genpact-Osmania University collaboration. Sravanti has 4 years of work experience in Genpact, and one year full-time in Finance COE to her credit.

Sravanti says that she did not initially realise her love for Brand management and PR. It was only when she was awarded the Best Speaker Award at an international debate competition in Lucknow that she discovered she possessed these skills that when she decided to join Jaipuria Indore.

Being selected by NDTV for training was a dream come true for her. Speaking of that experience, Sravanti says, “I was a part of the Audience Research Department, which dealt with identifying the right kind of audience with respect to the show”. The highlight of her internship was “meeting legends like Barkha Dutt and Vikram Chandra and other well-known anchors and producers. It was an unforgettable experience”.

She believes all this was possible only because of the support and encouragement from Jaipuria Indore faculty members.
“I feel proud of my decision to be at Jaipuria Indore!” shares Sravanti Ivaturi.

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The sentiment of ‘giving back to the country’ dominates republic day celebrations at Jaipuria Institute of Management, Indore

Jaipuria family celebrated India’s 64th Republic Day on The 26th of January 2013 at Jaipuria Indore with characteristic enthusiasm.

The tricolour was unfurled by Dr. J. P. Upadhyay, Director, Jaipuria Institute of Management, Indore, on the college campus and the entire congregation of students, staff, faculty and management sang the national anthem in unison. Sweets were distributed amidst joyous fervour. Jaipuria institute had invited the children of the Dakachiya village as special guests for the occasion. Mr. Saumya Roy, who has varied experiences in the field of defence services, banks, educational institutions, NGO’s and theatre, was the Chief Guest. He reminded the future managers that the issues, achievements and failures of India are the issues, achievements and failures of its people.

“Grow, and bring the change, that you want to see around you, within yourselves,” Mr. Saumya Roy exhorted the students of Jaipuria Indore. “Study, go abroad and do well; but return to your country and feel responsible for it.”

Dr. J. P.Upadhyay used the beautiful contrast between the Dead Sea and its neighbouring Galileo Island, to eloquently described how ‘giving’ is directly connected to ‘life’.

“The River Jordan feeds the Dead Sea – where nothing grows – as well as Galileo – a haven for life, where organisms and plants of the rarest form flourish. Galileo shares what it has, and that adds to its prosperity; while the Dead Sea has no vent to further percolate the water that it receives. Without ‘giving’, the water mass in the Dead Sea has truly become ‘Dead’. Give back to your country and make it flourish.”

In their own turn, faculty members like Prof. Nitin Merh, Prof. Kanak Gupta, Prof. Jagdish Bhagwat, and Prof. Romi Sainy spoke inspiringly to the students of Jaipuria, Indore.

Abhishek Singh, Aditi Sharma and Sanchayika Choudhary were the students from Jaipuria Indore, who expressed how ‘Gen Y’ feels about the nation.

This was followed by an open house debate on the motion – ‘Republic Day is Merely a Symbolic Holiday for Gen Y’. It brought out with soul-searching clarity how ‘Gen Y’ has realised its casual attitude towards its country. Many spoke for the motion with stark honesty, accepting their ignorance and apathy towards the importance of the day, and India’s uphill climb to its present position.
The 64th Republic Day gave Jaipuria Indore family renewed vigour to be vigilant against corruption, respect the women of the country, and protect and prepare the children for the future, while also taking care of the aged.

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