ORIENTATION DAY of BATCH 2020-22
IB Program conducted Orientation Day for students of batch 2020-22 on August 2, 2020. This time it was done differently on Virtual platform as students have not joined the Campus physically. The PGDM-IB program started in year 2005 and the batch of 2020-22 is their 16th batch. The day was divided into three sections – Welcome & Introduction, Corporate Session and Alumni Interaction.
Welcome of the Batch
The orientation started with a warm welcome and blessings from the Director, Dy. Director and other faculty namely Prof. K R Chari, Prof. A K Malhotra, Dr. A V Shukla, Prof. Rajeev Sharma. Dr. Anuj Sharma, Chairperson, Dr. Archana Singh, Course Co-ordinator, Ms. Rupali Singh, Sr. Manager and Mr. Arun VS, Program Executive introduced themselves to students and introduced the importance of international business in world of globalization. Further all the faculty present shared the nuances of the course and its significance alongwith a small video to give the glimpses on various activities, cultural events, industrial visit, projects conducted in BIMTECH. Professor A.K.Malhotra also asked the students to write a paragraph on the ‘Knowing’, ‘Doing’, ‘Being’ and ‘Triple Bottom Line’.
Interaction with Corporate / Trade Facilitators
Two dignitaries from the Corporate were present in the second phase of the event – Mr. Manish Singhal, Deputy Secretary General, FICCI and Mr. Rajiv Wahi, Chief Executive (EAM) International business, ESCORT Limited. The topic for this session was “Opportunities and Challenges for International Business Professionals”. They gave detailed insight on how International business give world wide access and at the same time global competition encourages companies to become more innovative and efficient. They emphasized on cross culture understanding and digitalization which has brought us closer and made global business more convenient and acceptable.
It was an interactive session where the guests answered many questions of students.
Few Discussions :-
- Impact of Covid 19 on the international business had motivated countries to focus on self- reliance and the importance of saving life and livelihood was discussed.
- The panel member clarified that ‘Atma Nirbhar Bharat’ doesn’t signify that we need to completely stop international trading. International trading is a valuable essence of any business as no country is self-reliant. One country is good in some resources and some are in other, however, we need to make supply chain simple which is very complex at this time.
- At the same time India should take steps to attract giant companies to flourish in India to reduce the dependency on other countries.
- The challenges include the need for learn / unlearn, adaptability, understating of the world market, understating the political, economic and currency risks and need to be tech-savvy.
- Globalization is here to stay. International business includes both trading and investment that completes globalization. As a result of Covid-19, supply chains might get simplified but they will remain global.
- It is crucial to learn about the importance of intellectual property rights.
- Speaker also focused on soft skill (compassion, commitment and discipline) and to create a USP as a key element to become successful.
Alumni Interaction
“How to Utilise two years at BIMTECH effectively?” was the topic that was pondered upon by three alumnus of PGDM-IB during their virtual interaction with newly inducted batch of 2020-22 of PGDM-IB. They were :-
- Mr. Rohan Chhatwal, Department Head New Projects (Innovation), Maruti Suzuki India Limited, Gurgaon (2006-08 batch)
- Mr. Nipun Grover, Regional Director – Distribution, GRM East, Liberty Insurance Pte Ltd, Singapore (2006-08 batch)
- Mr. Rakesh Chadha, Operations Manager Amazon, Canada (2006-08 batch)
They spoke extempore and through presentations stating how BIMTECH can help especially IB students to groom themselves and make use of each and every resources available efficiently. Meeting the Alumni gave students a view on how the International Business course has helped them shape their career and also about what any student should do to make the best out of these 2 years!
They gave the students insights on what to expect and what needed to be done to make them more competitive in the real world. Their journey and memories of BIMTECH only made them more eager to be back on the campus.
Sharing their memories spoke fondly about how even small assignments and all bits done by the professors have helped them in their career. Students were enthralled to meet them and were in awe to see the personal connection between the professors and the alumni making them wish to be part of the family.
Some of the takeaways for students were :-
- Throughout the two years of the program, be curious, proactive and maintain a positive attitude.
- Become a member of at least one committee.
- Become a class representative if given an opportunity.
- Aim to read “Economic Times” Newspaper every day
- Finish one management book every month.
- In terms of choosing an optional language, German is easy to learn and will be useful. For Canada, French will be useful to learn.
Session ended with an interactive Q & A session.
Conclusion
With this came the end of the day with wishing Future for PGDM-IB students bright. The students were urged to use their time at BIMTECH effectively and efficiently!
