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Monthly Archives: September 2016

Mr. Rajeevan V. (IRS) ,Chairman, Railway Recruitment Board in Campus

“THE SECRET OF CHANGE IS TO FOCUS ALL OF YOUR ENERGY, NOT ON FIGHTING THE OLD, BUT ON BUILDING THE NEW “

Students and faculty members at SCMS Cochin School of Business were blessed with an opportunity to interact with Mr. V Rajeevan, Chairman of RRB, as part of the Industry Interaction Initiative Session on Friday. He is a musician at heart and also the son of famous Malayalam poet, ONV Kurup.

In his maiden visit to our campus, with his long years of experience in the industry, he gave a canvas to the audience as to what the world out there expects out of the emerging management professionals. He inspired the students to change their attitudes towards everything in life and also encouraged them to enthusiastically participate in this race of life where in time doesn’t wait for us, in turn we have to mould ourselves to cope up with the same and come out successful in life.

As recruitment is his walk of life, he explained what the recruiters look for in the pool of prospective candidates. According to him, students should have a vision in life, they should come out of their comfort zones and should be open to absorb changes in day to day life, as this is paramount to success in life. He elucidated the same but putting forth a plethora of examples. He also advised the students to improve their communication skills and learn to manage time properly as at the end of the day, these matter the most to bring out the best in us.

He concluded, by urging the youth to bring about changes in themselves as they would hence be well equipped to face tougher challenges coming their way in the future.

“ON THE CANVAS OF LIFE, YOU ARE THE CREATIVE PAINTER OF YOUR SUCCESS. PAINT YOUR LIFE INTO A WONDERFUL MASTERPIECE OF EXCELLENCE”

– A report by Pooja Sajee Nair (PGDM B25)

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Marketing Forum 2016-17 – Inauguration held in campus

A REPORT ON THE INAUGURATION
The Marketing Forum “Quintessence- The Marketing Grid” for the year 2016-17 was inaugurated by Dr. Darlie Koshy, DG & CEO, ATDC & IAM. The function was blessed by the esteemed presence of C. B. George, former GM of RBI, Dr. Ms. Filomina P. George, Director, SCMS School of Business and Prof. K. J. Paulose, Dean, SCMS School of Business. Second year PGDM student, Sudhi Kunhikannan familiarized the students about the aim of the forum. The forum is planning for various activities in this academic year like brand launch games, business quiz etc.

The inauguration was followed by a session with Dr. Darlie Koshy on “Marketing in Digital Age”. The students got the opportunity to know more about digitising and monetising. He cited various examples of everyday use as that of a backpack and its advancement in the business scenario. Dr. Koshy revealed how technology is getting disrupted. He also envisioned the coming of drones that would replace humans in certain fields like delivering of products.

Dr. Koshy interacted by asking the students to identify the eminent entrepreneurs of recent times. The students inquisitively answered him. Dr. Koshy proposed the key words for moving forward, that is, Inspiration, Innovation and Incubation. The students were wised up on E-retailing and digital convergence. He also familiarized the audience about the Zarafication of Fashion and how fashion is delivered like pizza at one’s doorstep.

Dr. Darlie Koshy concluded his session by inspiring the audience through his words, “If you conquer your fear or failure, you are halfway to become an entrepreneur”. C. B. George also addressed the gathering and enlightened the students. He expressed his thoughts regarding the session in the economic perspective. He urged the students to inculcate a positive attitude especially in the marketing field. The students got a great opportunity to learn more about marketing in digital age. The students are waiting for more such dynamic and valuable sessions.

 

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Guest speaker Mr. Jomon K.George in Campus

“If Accounting is the Language of Business, then Accounting Standards is the Grammar of Accounting”- A journey with Mr. Jomon K. George FCA to the deeper understanding of ACCOUNTING STANDARDS.

Being an expert in IPO advisory, Management Consultancy, NRI Services, FEMA and Corporate Law matters, with his eminent presence and benign words, Mr. Jomon K. George enlightened the aspiring managers of SCMS Cochin. The ācharya of more than 10,000 Chartered Accountant students, the ever-acceptable expertise in the field of Accounting, imparted his treasured knowledge on “Accounting Standards” with the vibrant young minds of SCMS.
In his maiden visit to our institute as part of empowerment program for the management students, he explained how the business world out there works, what the business world expects out of the emerging managers, and how we can grow up as full-fledged financial professionals. He gave a short introduction into financial reporting and explained elaborately on IFRS, accounting standards issued by ICAI, and Indian Accounting Standards.

The enthusiastic approach upheld by Mr. Jomon K. George towards the subject, was evident throughout the presentation. A period, beginning with the International Financial Reporting Standards of 1973, till the implementation of Indian Accounting Standards of 2016, was systematically made clear with appropriate examples. According to him, the necessity to have prescribed accounting standards is to enhance the quality and understanding of accounting, to reduce accounting alternatives, to bring out uniformity in approach and to enable meaningful comparison. From the complete set of financial statements and from years of experiences, we say, “Turnover is vanity, profit is sanity, and cash is the only reality”.

The International Financial Reporting Standards were formed in 1973 to harmonize the divergent accounting practices across the world, and in India the 29 Accounting Standards were issued by ICAI to establish uniform standards which have to be complied with to ensure that financial statements are prepared in accordance with generally accepted accounting standards. India cannot adopt IFRS as it is because the legal economic environment in India is different.

The message from the shared thoughts was clear, “Be like eagle; have an inner urge to fly above the rest, to stand out, and to be different; have a sharp vision, a vision that is seeing beyond”. India has got a lot of positives, for it is the most consuming nation, young generation with good communication skills, IT boom etc. The automated financial tools guarantee a bright future replacing human efforts and avoiding possible errors. The optimistic words flowed from his heart, “India has got provision for 100% FDI. Any foreigner can come and start business in India, with no requirement for Indian partnership in it, and not all nations give this privilege.” And with regard to the employability of the students coming out from Indian institutions, he said, India will script a sure shot success story.

Mr. Jomon K. George thus urged the youth, “DREAM BIG AND BE HUMAN, ONLY YOU CAN RESTRICT YOU”.

 

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