The Joy of Giving is one of the important social events of the Social, Entrepreneurship and Consulting Cell of SIBM Pune. Joy of Giving instills in people the act of giving to others and ensures the experience of joy of giving. The event is conducted from 24th February 2016 to 29th.
Okay so it’s that time of the year again – March. March comes with the end of winter, the promise of spring and, of course, the be all and end all of our student lives – exams and admission season!
The Union Railway Budget 2016-17 was unveiled by Mr. Suresh Prabhu, the Hon. Railway Minister in Lok Sabha on 25th February, 2016. In his words, "Every customer is our brand ambassador." Taking cue from it, we noted the views of young management students of IIM Raipur. Here is the take of budding managers on the Railway Budget:
Interim Placement Report 2016: Placement season at SCMS Cochin School of Business has got off to a strong start. Average compensation, maximum salary, number of recruiters and profile of recruiters all are showing healthy trends for PGDM Class 2016. A total of 33 companies across Banking, Insurance, Consultancy, Manufacturing, Hospitality, Retail, Telecommunications, Travel & Tourism, Pharma have made offers so far, covering about 68% of the eligible batch.
We bring to you an interview with Partha Sarathi Banerjee, the first year topper (Finance) from KJ Somaiya Institute of management studies and research (KJ SIMSR), Mumbai (2014-16) below-
I got many queries i.e. where to invest, how much return we will get, where is risk and what if we won't invest after my blog post about power of investing. So I wrote it to answer these question. I will try to put it in the form of story so that it would be remembered for a longer period of time. We can divide everyone in three type of investor: Brahma: The creator, who believes in creating by taking calculated risk. Vishnu: The preserver, who believes in preserving money so he won’t take any risk. He just have to preserve money by inflation. Shiva: The destroyer, who doesn’t care about money at all.He believes only in earning not in investing. So Brahma and Vishnu went to portfolio manager Ms. Laxmi, who is expert in making money. Having discussed with them, Ms. Laxmi advised Brahma to go for Equity Market and Mutual fund where returns are high with some risk. And advised Vishnu to go for Fixed Deposit and Public Provident Fund where risk is zero with little return. On the other hand Shiva left his money as it is. So let’s see one by one how their money is growing over years having invested 1 lakh. 1: Brahma: [Equity Market, Mutual Fund and SIP] Capital Invested: 1 lakh. Duration: 20 years. Inflation adjusted interest rate: (15-5.6) =9.4% (approximate) (inflation =5.6%) Total Money after 20 years: 6,03,040 (actual value of money). His money grew by 6x in span of 20 years. 2: Vishnu: [Fixed Deposit and Public Provident Fund] Capital Invested: 1 lakh. Duration: 20 years. Inflation adjusted interest rate: (8.5-5.6) =2.9% (approximate) (inflation =5.6%) Total Money after 20 years: 1,77,136 (actual value of money) His money beats inflation and grow by 1.7x. 3: Shiva: Capital Invested: 1 lakh. Duration: 20 years. Inflation adjusted interest rate: (0-5.6%) = -5.6% (approximate) (inflation =5.6%) Total Money after 20 years: 31,582(actual value of money) Since he hasn't invested his money anywhere so inflation devalued his money and after 20years he has only ~30,000 in his account. As you can see, by just putting a small effort in investment , you would grow your money like a professional. As Peter Lynch said “In the long run, it’s not just how much money you make that will determine your future prosperity. It’s how much of that money you put to work by saving it and investing it.”
Scientific research on non-verbal communication began with the 1872 publication of Charles Darwin’s The Expression of the Emotions in Man and Animals. Every day we respond to thousands of non verbal cues which include postures, facial expression, eye gaze, gestures, and tone of voice. Remember when your wife asks you after that little familial tiff, if you are angry and you almost scream back at her and say NO I AM NOT ANGRY. Often meaning you really are.
B-school students of 8 campuses across India participated as part of new series of InsideIIM– ‘Expectations From Budget 2016’ in association with CNBC TV-18.
