Category Archives: Uncategorized

“Block Chain Technology is going to revolutionise other technologies”, an Interactive session with Mr. R.K.Pillai

The SCMS Cochin School OF Business, PGDM students and faculties were delighted to interact with R.K.Pillai, IT and Management Consultant, USA

The session started with R.K.Pillai describing about the block chain technology, how it is going to revolutionize all the existing technologies and the various advantages of block chain technology. Block Chain is a new internet protocol and system architecture. It is an idea for certain type of online business applications. Block chain technology was originally designed to support bitcoin network operations.
In his talk, he also mentioned that block chain technology uses cryptographic algorithms for data security and data access and it is tamper proof as it uses two types of keys, the private key and the public key. Both the keys are of 32 characters and it should be entered correctly in order to enter into the system. Block chain technology is also hacker proof, as its dual key structure is very complex. Block chain supports distributive and peer -to -peer architecture.

Block chain are stored in ledger in-group of blocks, which contains a chain of encrypted records, and each record refers to its predecessor and successor in the chain. The entire ledger will be shared to every user in system.

He concluded the session by talking about the various advantages of block chain technology such as:
• It has a smart contract capability.
• Impeded code and data encapsulated transactions.
• Pre-fabricated department framework.
• Internet based public and trusted private network, etc.
• Block chain technology has helped in growth of telecommunication also.

“Technology has advanced due to innovation and telecommunication is one among those technologies that has grown rapidly than any other technology. “

-A report by Ms. Rosmy Peter (PGDM 26 Batch)

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Posted by on January 16, 2018 in Uncategorized


“Women Entrepreneurship: Freedom of time is essential for the empowerment of women”, an Industry Institute Interactive session with Ms.Aswathy Govind ,the Chief Executive , QMAGIK.

The SCMS Cochin School OF Business, PGDM batch 26 students and faculties were so delighted to welcome a young and an encouraging woman entrepreneur Ms. Aswathy Govind, The Chief Executive of QMAGIK, an innovative customer journey management platform for service organizations.

The Industry Institute Interactive Session with Ms.Aswathy Govind got started like an interactive discussion with two of the students of the PGDM batch 26.The main theme for the interactive session was Women Entrepreneurship.

The women are born with managerial skills, the women are the ones who can manage both professional life and personal life. She spoke about her experience, how she manages her family and job and how she prioritized things by taking challenges and responsibilities. The students asked her a question that how to encourage women into entrepreneurship? She answered the question very deliberately that the real entrepreneurs can be seen within an organization, so she told the budding managers of SCMS to be an intrapreneur and then become an entrepreneur. The main characteristics required for an entrepreneur is multitasking and passion for what they do. An entrepreneur has the freedom of life and knows when to do what. If someone has that instinct then do it, don’t wait for it. The three principles she follows in her life is Peter Drucker’s:

  • The purpose of the business is to create a customer.
  • Marketing and Innovation.
  • Communication-understanding what is not said.

She spoke about the safety of women in the workplace and the discriminations faced by women. She shared her dream of forming an organization with women only.The commitment to be open, honest and transparent reflects the culture of the organization.

      ‘‘The choice is ours, be an Intrapreneur and then become an Entrepreneur’’

A report by Ms. Rafna Kareem(PGDM 26 Batch)

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Posted by on October 19, 2017 in Uncategorized


“Good is the enemy of Great”, an Industry Institute Interactive Session with Prof. J. Philip, Founder-President, XIME

SCMS family was so elated to hear the insights from the speaker of the day, Prof .J Philip, Founder-President of XIME, the institution builder, a pioneer in providing quality education and a renowned author

While speaking on topic “Revisiting MBA”- the greatest education innovation of the twentieth century, he said, “Good is the enemy of Great”. The thrust of becoming great can be made possible through achievement drive of students. We can do great things by being the change we aspire to. This was the main theme for the talk in the III session held at SCMS Cochin School of Business on October 4, 2017.

The business management programs like MBA and PGDM are not just an educational experience but also a transformational one. He said that the students are not just to be stretched technically but terms of personality development. Only decent business institutes, which can provide value-based education, can transform students into a virtuous person.

The students are the soul of any institution, and they are the ones, who can take the institute to greater heights. Successful leaders are not born; they are created by themselves with training and experience. Good speakers are good leaders. To become a successful leader, one has to develop effective communication and clear thinking.

Knowing-doing-being” are the three main gears for becoming an efficacious leader in life. Acquire knowledge and doing it in action, as a great human being with values leads to successful leaders.

Success in management requires learning as fast as the world is changing.”

A report by Ms. Rafna Kareem(PGDM 26 Batch)

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Posted by on October 9, 2017 in Uncategorized


“Think in an entrepreneurial attitude, entrepreneurial instinct will make a difference rather thinking intellectually” an Industry Institute Interactive session with Mr. K.R. Bijimon, the Chief General Manager, Muthoot Finance Ltd.

SCMS PGDM batch 26 was so gleeful to take heed the insights from the speaker of the day, MR. K.R Bijimon. The Chief General manager, Muthoot Finance Limited.

The session was like a panel discussion, a few selected students of PGDM batch 26, shared the dais with the speaker. The discussion started with the question from one among the students about time management, that how did he find out time for his personal and professional life?He answered the question by first acknowledging the student and telling Time never waits for completing our needs, we have to go and catch time for fulfilling our needs, he shared how he prioritized things wisely.

Then he spoke about his career and how he grew as a Chief General Manager, the growth of Muthoot finance as the largest corporate in Kerela, India with a market capitalization of 20000 crores. He added that the most challenging industry is the finance industry. Every challenge that comes to us must be seen as an opportunity.

The secret of business success is marketing and training the employees, get focused and play the game wholeheartedly.The panel of students winded the discussion by discussing on the changes happening in the financial system of Indis, GST, and, the importance of corporate social responsibility in a financial firm.

Risk Management-see the risk, analyze the risk, manage it with appropriate methods and go with it”

A report by Ms. Rafna Kareem(PGDM 26 Batch)

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Posted by on October 9, 2017 in Uncategorized


TELECOM – On the Cusp of Transformation: III Session with Mr. Solomon Mathews, Vice President-Sales, IDEA Kerala

What we experience now is the outcome of great dreams that our past generations had.”

The drastic development and innovation in the field of technology paved the way to a digitalized mode of living. This way of life was the main theme for the talk in the III session held in SCMS Cochin School of Business on January 13, 2017.

SCMS Cochin family was delighted to hear the insights from the speaker of the day, an accomplished young manager and the present Vice-President-Sales, IDEA Kerala, Mr. Solomon Mathews, on topics like smart phones, the digital way of life and the constant innovations that are happening in the field of technology.

There was an age when we used to go behind the big screens and TV screens, and now it is the time of transformation. We look for technologies that make our life comfortable and colorful. The immense possibilities in the digital world was brought before the audience of SCMS Cochin by Mr. Solomon Mathews- giving thrust to the digital way of life by the transformation of all sources of media to small screens.

Statistics shows that, as we move from 2014 to 2020, the penetration of smart phones will increase from 20% to 50%. It is predicted that, by 2020 the number of smart phone users will reach 520 million, 55% of the users will be from rural areas, it will gain 55% of total gaming market share and 60% share of web traffic.

The vision of Digitalizing India will be possible only by the device that lies in the palm of our arm. The telecom industry in India is capital intensive, and it is greater than GDPs of Malta, Madagascar and Maldives.

The following six forces will direct us to digital future.


The change is unpredictable, but the mindset to accept the change will make great transformations.”- Mr. Solomon Mathews

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Posted by on January 16, 2017 in Uncategorized


“Hiring the Right Talent is, Like Choosing a Right Friend, For Having a Long Term Relationship with Organization.” Mr. K. S. Jamestin, Former Director, ONGC.

SCMS Cochin witnessed the inauguration of “Chips & Nuts”, a forum of ‘Systems & Operations’. The inauguration of forum and launching of the website were done by Mr. K. S. Jamestin, Former Director of ONGC. Presently he is the Senior Advisor (HR & BD) to M/s KITCO, Vice-President of PMA- India Chapter, a fellow of AIMA, MC member-KMA. “Chips & Nuts” is a forum that provides students a platform to interact with prominent leaders from different professions related to System and Operations management, to share their experience and to impart their knowledge on business world out there.

Mr. K. S. Jamestin was so enthusiastic to deliver his valuable insights on organization, nature of organization and various challenges we will face, when we become the part of organization. He said, “Organization is more or less like an individual. An organization takes birth, the organization grows, the organization exists in society, the organization possesses the various patterns of behavior, the organization falls sick and at last the organization dies.”

The challenges, as future managers, we have to face will be numerous. The uncertainty about future is endemic to the organization. Foreseeing and equipping ourselves to deal with those uncertainties will make us successful in any situations of corporate life. The importance of measuring and monitoring our performances in an organization facilitate us to have a sustainable development, as a person in particular, and as a team in general.

Mr. Jamestin explained us, how he was at his best in HR management, even though he was from an electronics engineering background. The work environment in India is different from other developed countries. Boosting the motivation and morale of employees enhance the positive engagement of employees in a firm, thus creating in them a mentality to work beyond, to take an extra mile. Having a person for moral support is good, but the wisdom of whom to approach at the time of tribulations, gives better results.

And he concluded, “Fools learn from mistakes of self, whereas wise men learn from mistakes of others”

– A report by Bristo Thomas (PGDM Batch 25)

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Posted by on January 4, 2017 in Uncategorized


A Talk on “Latest Trends in Banking and Finance”- by Mr. Sampath Kumar, SBI

The faculty members and the students of SCMS family were privileged to have, Mr. Sampath Kumar, Deputy General Manager, State Bank of India, Commercial Branch Ernakulam, to speak on the topic “Latest Trends in Banking and Finance” as part of the last session of Industry Institute Interaction 2016.

The talk was a graceful experience. The speaker took the entire audience for a journey, a journey that started from the beginning of banking system, travelling through the evolutionary period of global banking as a whole and Indian banking sector in particular, and introduced the latest phenomena in this sector. He gave elaborate description on different types of commercial banks ranging from, Public Sector Banks, Old Private Sector Banks, New Private Sector Banks and Foreign Banks.

The insights given on the ‘Big Financial Crises’ that happened after 1970s, were highly beneficial. The details provided on Herstatt Bank Settlement Crisis in 1974, Financial Crisis in Nigeria, Brazil, Mexico etc in 1980s, Fall of BCCI in 1991, Barings Bank Failure in 1994, Lehman/Subprime Meltdown in 2008, Greek Debt Crises in 2011 and Wells Fargo Fraud in 2016, were helpful for the young minds to understand the great challenges in the global financial sector.

The information given on the types of Industrial Loans, Project Term Loans, Working Capital Cycle and Funding, helped us to realize few of the steps behind many financial activities that are happening in the industry. He advised the aspiring managers of SCMS Cochin, about the importance of advanced levels of reading, and the need of critical observations on current affairs.

Mr. Sampath Kumar concluded, “Economics will not work according to our wish, so be very conservative. Look every item critically, check for the history and the historical cost, to design the assumed future.”

– A report by Bristo Thomas (PGDM Batch 25)

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Posted by on January 4, 2017 in Uncategorized


Interaction with Mr. Chacko Cherian, CEO of RawData Technologies


Students and faculty members at SCMS Cochin School of Business were blessed with an opportunity to interact with Mr. Chacko Cherian, CEO of RawData Technologies, as part of the Institute Industry Interaction Session on Tuesday.

Little did we know about how India has been Modi-Fied until this young emerging entrepreneur shed some light into the same, for all the budding young minds of SCMS. He also showed us how the field of Business Intelligence could make advantage of this changing world. A lot of buzz words in today’s India such as Demonetisation, GST and Uberization became the essence of the entire half an hour discussion, wherein inputs from students and faculty were also taken. As an add-on, Mr. Chacko Cherian took us all on a virtual trip to Taiwan by elaborating on his business experience there. It was quite alarming to notice that Taiwan had a GDP that was exponentially higher than that of Kerala, though both had a comparable resources count. This is when he made us all realize that, the size of the country is not what that matters, but, how we make use of the resources at our disposal. He made it a cornerstone in all our minds that, the world is changing and the law by which the whole world is governed now is “SURVIVAL OF THE FITTEST”. There is always scope for improvements, but, realizing the same, at the right time is crucial. He left the audience with a piece of advice that motivated all of us to face the changing world: “DON’T WORRY ABOUT FAILURE. YOU ONLY HAVE TO BE RIGHT ONCE


– A report by Pooja Sajee Nair (PGDM Batch 25)

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Posted by on December 28, 2016 in Uncategorized


Learning Teamwork the team-way

First year students of SCMS Cochin were recently given important lessons in teamwork through practical exposure in the form of a three days’ outbound training program. Held between 10th and 16th March on a campsite in Coimbatore, the program conducted by LEAP Training Academy involved several activities and tasks that helped students understand the importance of teamwork, which is crucial in their future managerial careers.

Students of Batch 24 were buzzing with energy to be a part of the program that started on a high note in the presence of experienced trainers from the academy. At the onset they were given an overview of what was to come over the course of three days. A campfire evening filled with fun activities followed created the perfect ambience for students to bond and pep themselves up for the tasks ahead.

High Ropes was the first task students were put through and not only did it help them overcome their fear of heights but instilled confidence in them to take on any kind of challenges that come their way. Students also thrived on the motivation they were offered by their team members and completed their tasks with gusto. The next activity held on the day focused on leaders’ roles in conveying their goals properly.

Some of the other important aspects of team work that were dealt with during the activitySCMS 3 included effective communication, decision making as a group, and ability to follow orders. Students also learnt how to make the most out of the resources at their disposal, which was an important lesson on its own.

Another challenge for the group came in the form of escape during fire through an electric fence. It was a thrilling activity that took forward the message of significance of decision making, team work and planning. Finally, as students had to use the resources effectively for their last activity they learned the importance of effectiveness of one person communicating and motivating team members.

Overall, the outbound training program created an engaging environment for students who went back with takeaways like importance of being a good listener, communicating goals effectively, micro-planning, leadership and above all, teamwork.

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Posted by on March 29, 2016 in News And Events, Uncategorized


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IFRS Industry Institute Interaction (III) session held at SCMS Cochin for PGDM students

SCMS Cochin School of Business organizes Industry Institute Interaction (III) sessions throughout the year to introduce students to new concepts and business practices that can increase their knowledge and employability.

On 10th of September 2014, the current PGDM batch attended the III session on International Financial Reporting Standards (IFRS). It is important for the PGDM students to understand the finer nuances of IFRS since they are now adopted globally. IFRS were first designed to harmonize accounting across the European Union, but the concept was soon adopted world over, making company accounts understandable and comparable across international boundaries.

Mr. Mahesh Mohan, External Quality Assessor, IAAP, UK, and Prof Dr. Gopal Sharma, National Trainer, IFRS, addressed the 23 students who were eager to learn the features and challenges of IFRS. The session began with the main speaker, Mr. Mohan, a member of the International Association of Accounting Professionals (IAAP), talking about the importance of IFRS as a Global business accounting language. He explained that IFRS are specifically crucial for multinational companies, and how their significance has increased with international shareholding and trade. He further surprised the audience with the fact that, “IFRS has been adopted and is practiced by 174 countries including India”.

IFRS are set by the IASB (International Accounting Standard Board) and have become global standards for preparing financial statements. The globally comparable financial statements enable public companies to compete abroad, raise capital, and win global contracts. Mr. Gopal Sharma spoke to the students next and discussed the importance of understanding and practicing the IFRS. He said, “IFRS needs to be understood and followed in letter and spirit when preparing financial statements since the balance sheets and accounting statements communicate the health, wealth and pulse of a business to its stakeholders”.

The floor was eventually thrown open for discussion and the students posed questions to and interacted with the experts to clear their doubts and queries. The session was concluded by Dr. Filomina P. George, Dean- Academic Administration, SCMS Cochin School of Business, who informed the students about the inclusion of IFRS in the PGDM curriculum.

-Sobia Joseph, PGDM, Batch 23

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Posted by on September 24, 2014 in Uncategorized