Industry Interactions
Corporate interaction and exposure to Industry is an integral part of management education. We at MITE-MBA believe students have to be "industry ready" when they pass out of the institution after 4 semesters. Industry interactions are held regularly to familiarize students with the latest trends in the management world.
Functional leaders and achievers from various corporates visit the campus to share their views, experiences, and also to guide the students. Active participation by students in organizing these events and also listening to the words of wisdom from corporates equip them with the necessary knowledge and skill to face the corporate world with confidence and ease.
Additionally, students are taken out on an Industrial visit atleast once every semester to visit an Industry in and around Mangalore. These visits help them develop a perspective on how management in real world works.
As part of curriculum MBA students undergo Internship programs wherein they spend 4 and 6 weeks on two separate stints; one after the second semester and another after the third semester. Under ORGANISATION STUDY (18MBAOS307) students study the organisation they are attached to and write analytical reports which are later presented in the class. The second stint called PROJECT WORK (18MBAPR407) involves conducting research on a specific problem and writing a thesis on the findings. Its later presented to a panel of external examiners. These two industrial stints have always been te most enjoyable learning experiences of an MBA student at MITE.
Listed below are excerpts from some of the Industry Interactions held recently:
2022-23
30-08-2023 - Industrial visit to Pilikula Artisans village and Planetarium
Rural marketing, bio-degradable products, and tourism management have become interesting industries and matters of discussion for management students in India. In this regard, 120 students of 1st year MBA visited Pilikula artisan’s village and Planetarium. The purpose of the visit was to understand the present status of demand for bio-degradable products and the future prospects of this industry.
18-08-2023 - Industrial visit to KMF, Mangalore
As part of MBA curriculum, 80 students of 2nd year students from 21MBA batch visited Dakshina Kannada Co- Co-Operative Milk Producers Union Limited on 18th August, 2023. The purpose of the visit was to understand the working of a co-operative and to gain insights on dairy enterprise opportunities. Ms Shashikala, an officer from the public relations department took students for the plant visit and explained each process in detail.
08-05-2023 - Industrial visit to SKF, Bannadka
On 8th May 2023, 120 students from the first year MBA Batch 2022 and 2 faculty members visited SKF Elixir Bannadka, Moodbidri. The purpose of the visit was to understand the daily operations of SKF Elixir and understand the success story of entrepreneur Mr G. Ramakrishna Achar. Dr Laxmeesh- HR Consultant of SKF Elixir explained the success story of the Managing Director and the company. Ms Sumana Jain, HR Manager of SKF Elixir explained the labour laws applicable in their company.
31-01-2023 - Industrial visit to Bharati Defense & Infrastructure Ltd
As part of MBA curriculum, the department of Management Studies organised a one-day industrial visit to Bharati Defense and Infrastructure Ltd (BDIL), Mangalore. Mr Mahesh Narayana addressed students about the operations of Bharati Defence and Infrastructure Ltd. He stated that the financial crisis of 2009 and the oil crises harmed the company,s performance and financial position.
2021-22
02-09-2022 - Industrial visit to Glenicia Group of concerns
On 2 nd September 2022, a one-day industry visit to GLENICIA furniture manufacturing industry was organised for 2 nd semester MBA students. Mr. Pavananjay N – Manager for Joint ventures, explained the company's operations. He spoke about the success of Glenicia Company and its success journey. The key learning from the visit was knowledge of the import-export procedures and regulators management.
22-06-2022 - Industrial visit to Campco Chocolate Factory, Puttur
On 22 nd June 2022, a one-day Industry visit to Campco chocolate factory Puttur was organised for the 4th -semester students of MBA. Mr. Radhesh Kundalpady, Public relations officer of Campco, explained the business process of Campco. Mr. Praveen explained the company's commodity price and currency exchange risk strategies. The HR policies and marketing strategies of the company were explained in detail by Mr. Radhesh. During the visit, students clarified doubts regarding the company's quality policy and CSR activities.
2019-20
24-06-2020 - Webinar on Retention and employer branding
A webinar on Retention and employer branding has been organized by MITE-MBA. The students were introduced to various strategies adopted by corporate towards retention and the its relationship to employer branding. Many branding strategies which will assist retention was the highlight of the discussion.
20-06-2020 - Webinar on "Careers in global financial services industry"
MITE -MBA conducted a webinar to its II year MBA students about the Careers in global financial services industry. When the final year students are concerned of making right choices about their careers and evaluating various options this talk proved to be a beacon of light and helped them to understand the opportunities available in financial services industry.
06-06-2020- Webinar on International Financial Market - Present and Future
International webinar series at MITE- MBA.
Finance club organised a webinar to introduce the students to the International financial market. Students learnt the basics of the financial market and also different types of money markets in practice in the financial world. The talk highlighted on various equity, bond markets and their implications to financial students.
29-05-2020- Webinar on Practical approach to sales process
Learning and Industry interaction never stop at MITE-MBA.
Marketing club of MITE-MBA organised a webinar on "Practical approach to sales process" Students learnt the practical application of the sales process in the Industry and selling models followed globally followed in multinational organizations.
10.12.19 Farm visit to Soan's
First year MBA students visited Soans Farm and learnt about diversification strategy in farming and agriculture Management. Dr. L. C Soans interacted with students. In his discussion he highlighted the importance of diversification strategy in agricultural and farm business. Knowledge on labour management in agriculture, supply chain management in farm business and organic farming were the key learning from the visit. Subsequent to his lecture students enjoyed walking around in the lush green farm which has many rare plants which were labelled and well maintained. Students were accompanied by Prof Shanti Sekhar, our visiting faculty from Singapore.
10.10.19 Industrial visit to OMPL
Third MBA semester students of visited ONGC Mangalore Petrochemicals Ltd. (OMPL), a company promoted by Oil and Natural Gas Corporation Limited (ONGC) which is situated in Mangalore Special Economic Zone (MSEZ) adjacent to the existing MRPL refinery. Mrs. Vidya Malya, Head - Training Centre, ONGC Mangalore Petrochemicals Ltd (OMPL), spoke about the HR functions at OMPL. Further Mr. Keshav, HR Manager (Medical check up) ONGC Mangalore Petrochemicals Ltd. (OMPL) took the students on a plant visit.
13-09-2019 - Guest talk "Mobile Industry"
Mobile and communication industry is one of the fastest growing and highly competitive industry today. Interactive session was held with Mr Sheraz H Sheikh, proprietor Sunshine Traders who also happens to be an alumnus of our Institute. The objective was to educate the students about the mobile phone industry and implications for the mobile market due rapid changing technology. Students clarified many questions and got to learn about the market analysis of the mobile phone industry.
30-08-2019 - Guest Talk "Career strategy on the money-ball era"
Planning and choosing a right career is a daunting task to any individual as the long term success depends on the right decision. In this path, the talk on career strategy by Mr. Kartik Kumar, creator of SPICE Quotient proved to be a blessing in disguise for the students of MITE-MBA to make an accurate decision about their career.
23.1.19 Indutrial Visit To JBF Petro
On 23rd January 2019, Department of Business Administration arranged a one-day IndustrialVisit to JBF Petrochemicals, MSEZ, Mangalore. First year MBA students of 2018 batch took part in the visit. Mr. Dheeraj Shetty GM – Admin, HR& IR of JBF Petrochemicals organized a plant tour and he discussed the backward integration strategies of JBFIndustries, the parent company of JBF Petrochemicals. Mr. Bharghav, Production Engineer spoke about the operations of the plant and demand – supply status of raw material and final product of the company. Mr. Abhaya Kumar and Mr. AjithDmello, Faculty members were the coordinators for the visit.
19.8.18 Industrial Visit to Bharti Defence
On 19th September 2018, Department of MBA organized a one-day IndustrialVisit to Bharati Defence and Infrastructure Limited, Mangalore (Bharati Shipyard). Mr. PavitranAlokkan, Head-Shipyard, explained the reasons for the failure of shipping industry in the recent years - Global economic crisis and oil crisis are the major reasons for the poor performance of ship building industries in India and only government owned yards are able to sustain because of government support. He explained the strategy adopted at Bharati Shipyard to manage working capital during the crisis period. Faculty members Mr. Abhaya Kumar and Mr. Ajith D’Mello accompanied the team.
19.9.18 Industrial Visit to MSEZ and Cardolite Chemicals
On 19th September, 2018 Department of MBA organized a one-day IndustrialVisit to Mangalore Special Economic Zone Ltd (MSEZL) and CardoliteSpeciality Chemicals, Mangalore. During the visit at MSEZL, students were taken to three places viz, Firewater Pump house of MSEZL, Water Management Plant and Electricity Plant. Mr. Prabhoda GM- HR & Admin took students to all the three places and explained the working of those units. Mr. Prabhoda spoke about the practice of Employee engagement function of HR at Cardolite. Mr. Abhaya Kumar and Mr. Ajith D’mello were the coordinators for the visit.
14.12.18 Industrial Visit to Soans farm
On 14th December, 2018 the students of 1st year MBA were taken to Soans Farm near Moodbidri. This farm is famous for Pineapples and is often visited by localites and foreigners. The owner of the farm briefed students about variety of crops they have grown and inspired the future managers to try and manage the situation on their own and find alternative solutions for every problem by giving an example of his own farm.
2017-18
11.5.18 Industrial Visit to SKF
Around 80 students of I year MBA visited SKF Industries located at Moodbidri on May 11th. 2018 in order to get an insight into the internal working environment of SKF Boilers & Driers Pvt. Ltd and SKF ElixirPvt. Ltd. under the supervision of Prof. Jayadeva Prasad, HOD-MBA, Prof. Abhaya Kumar, Prof. Ajith D’Mello and Prof. Jaya Shetty.
Mr. Vivek Vallabh told the students about the organisation SKF Boilers & Driers Pvt. Ltd and SKF Elixir Pvt. Ltd., its products, the market estimates for those products and also the potential business opportunities. Ms. Harinakshi Shetty gave an introduction of the Managing Director of S.K.F Group of Companies, Mr. G. Ramakrishna Achar, and Ms. Raksha then explained the opportunities for MBA students to be entrepreneurs by becoming their distributor/franchisee with a small investment.
Friends Plywood
Friends Plywood’s has successfully appeared as a pioneer in the field of face veneer plywood as they procure Burmese timber which is a special feature of veneer plywood. Their product range includes face veneer and different types of plywood. The firm has been able to satisfy its customers by providing high quality range of products they are also the most eco friendly company in the industry as they use only non fruit bearing trees for their business.
In this visit the students were eagerly waiting to listen to higher authorities of the industries.
Mr. Pawanjay, Partner and general manager in Friends Plywood, gave students a brief introduction about the company. He also took around students within the factory showing process of converting wood into plywood.
The session was concluded with question and answers. Many of the students asked questions related to labour safety in the field, import of raw materials, c
ost etc. the industrial authorities addressed these questions.
Bharti Defence and Infra ltd
During this Visit one of the employee, took students to places where the ship building was in process, he explained various things related to ship and vessel building. He gave students an opportunity to enter into one of the ship. He also said that company went into stress due to global and domestic slowdown in the shipbuilding industry leading to cancellation of contracts which resulted in building of unsustainable debt/financing costs. It approached Corporate Debt Restructuring (CDR) cell for restructuring of debts under CDR scheme in Dec 2011. CDR scheme revoked by Lenders in August 2014 Post CDR, majority lenders sold their stake to Edelweiss; with Edelweiss ARC currently holding ~82% secured debt. Corporate Insolvency Resolution Process initiated by Edelweiss ARC under the provisions of Insolvency and Bankruptcy Code, 2016 with effect from 6 June 2017
And due to this reasons Bharatiyar ship yard shifted itself from core ship building to repairing of ships and also building fishing boats and deep sea vessels.
At the end a question answer session was taken up for students by Mr. Pavitran, Chief executive officer. He explained the reasons for failure of shipping industry in the recent years. Global economic crisis and oil crisis are the major hit for the performance of ship building industries in India. Only government owned yards are managed to sustain because of government incentives. He explained the strategy adopted at Bharathi Shipyard to manage the working capital during this crisis period. He explained students why ship industry was an attractive place to work. He also wished students luck for their future endeavours
The industrial visit concluded at around 4.pm. It was an informative, interesting and successful visit. As students of business administration its necessary to have exposure to gain a certain level of understanding about the industry conditions. This industrial visit was truly an added advantage to their theoretical knowledge and understanding.