Knowing International Trade

The 36th batch of DoMS, NIT Trichy were privileged to have20150319_145109 with them Mr. Krishna Kumar(Senior Vice President, Head of Trade Finance, Abu Dhabi Commercial Bank) for an interactive session on “International Trade”. Session started off with discussion on  topics like “how to face the challenges in any industry”, “how to grow into an industry” and “how to switch the companies when challenges are not present”. He shared his real life experiences to support theoretical concepts explained.

The session progressed to discuss the core topic for the day -“International Trade” which helped the students to understand its economic, social, and political importance. 20150319_164034Students also got an opportunity to understand the challenges and risks international trade is facing currently. The session was concluded by the Q&A session. Students of DoMS, NIT Trichy are very thankful to Mr. Krishna Kumar for sharing his experience and knowledge.

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PROGYAN 13 CONQUERED !!

Progyan, Management fest of Sastra School of Management, Thanjore was conquered by the students of DoMS NITT. Out of the 10 events held at the fest, 5 were topped by students of DoMS NITT. These achievements lead to overall trophy to DoMS NITT.

Paper presentation competition was won by Anshuman Dutta from MBA II year while Gowthami and Gautam Sai bagged the second prize in the same event. First prize for Best Management team was won by Amitesh Singh Yadav, Amod Garg, Harshit Agrawal and Nitesh Mittal. Quiz competition was won by Gautam sai and Gautami Mohanlal.  Spin-a-Yarn, a creativity event, was won by Nitesh Mittal and Amitesh Singh Yadav.

The Director of Sastra University congratulated the DoMS team for their performance and also wished them luck for their future endeavors.

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M’Pulse – The Marketing Conclave

Department of Management Studies of NIT Trichy conducted a one day Marketing conclave, M-Pulse 2013. The event comprised of lectures from three prominent personalities from the industry and an event conducted by the marketing club, NISADYA of DoMS.

The occasion was greeted by Dr. VJ Siva Kumar Associate Prof. DoMS NITT. After that our HOD DoMS welcomed the guests and emphasized on the importance of such conclaves in a MBA Curriculum. Dr. S. Sundarajan Director NITT addressed the gathering and highlighted the significance of interaction of students with industry people and their alumni considering the global competition which we are facing every day.

The session started with the keynote address of Mr. Mitul Mehta, Vice president & Global Head-Marketing Accelya Kale Solutions Ltd. Mr. Mehta gave an insight on service marketing to the students. He introduced 7 P’s of service marketing which extended the 4 P’s concept. The three new P’s namely People, Process, and Proof were the key point of discussion of his session. He gave examples and case studies of companies which out grew their capabilities by taking care of these three factors.

The next lecture was given by Mr. Austin PM, CEO, Max Value Univ. His talk was basically focused on Online Marketing and its nuances. He spoke on several methods of online marketing and how small companies are saving their cost and using this medium to advertise themselves. He spoke on how the companies are focusing on Facebook, Twitter and LinkedIn to build their image.

The last session of the day was delivered by Mr. Dorai Thodla, Founder; iMorph Inc. Mr. Thodla exchanged his views on ‘Tools for Marketing for various levels of a Start up’. He shared examples of how different websites have given tools to access one’s online position and how a new company can leverage them to develop their marketing strategy.

Largely the sessions were very informative and helped the students to understand the nuances of marketing industry and its developments in physical as well as virtual space.

Nuances of Quality Management !!!

The students of DoMS were enlightened with the presence of Mr. Manikandan Murugesan, who is currently the Quality head of Nokia. Mr. Murugesan has 13 years of corporate experience including work experience in HAL. He enriched the students with the fine and minute details associated with quality management in an organization. He talked about the various techniques which were being practiced in earlier times and also about the latest trends undertaken by numerous companies in maintaining the quality of their services.

He gave insights about the Lean and Six Sigma. The students were made aware about the history of Lean and Six Sigma and how both the practices have evolved over time. He elaborated about how certain changes such as new competitions, changing stakeholders need and changing basis of competition, trigger the need for adopting these quality management practices. The difference between continual and continuous improvement was conveyed in a very practical way.  He emphasized on the different objectives which both Lean and Six Sigma have in improving the various processes qualitatively in a business.

He elegantly illustrated how Lean and Six Sigma can make a significant difference to an organization with a practical case study about a tea shop. The way these techniques can be applied to even a small shop in improving the profit, left everybody spellbound. He concluded his session by sharing some of his bitter experiences in industry and advised the students how those situations can be avoided. On the whole the participants gained the practical understanding about the magnitude to which Lean and Six Sigma are serving the industry.