Department of Management Studies organises various programs by inviting guests from the industry to give exposure to practical challenges that the industry is facing and to give an interactive opportunity for better learning. Intending to give industry experience, the department organised a workshop on the banking domain to give an insight into the banking industry, career opportunities and the future of the banking industry.

Session 1: Mr. K. Parameshwara Adiga, Deputy General Manager(Retired), Corporation Bank spoke on the concept RBI operations and its impact said the Reserve Bank of India (RBI) is India’s central bank and regulatory organisation in charge of banking regulation. It controls the country’s major payment networks, monetary policy implementation, issuing currency, etc which controls the entire economy, and works as a financial regulator. He appealed to students to take up a career in banking as the profession is very challenging once they start climbing the ladder in career and provides a wide range of opportunities like FOREX, Insurance, Stock market, etc. which makes the profession interesting.

Session 2: Mr. Prakash N Rao, Senior Manager (Retired),Corporation Bank spoke on the topic FOREX trading and Market and said all the nations are dependent on each other. So border movement of products has become mandatory. The challenge of FOREX comes picture here as each country has a different monitory system. There is a FOREX understanding between two countries where exchange prices need to be decided, exchange mechanisms to be decided, currency exchange platforms need to be created and so on.  He went on to say about various types of transactions like capital account transactions which cover transactions related to assets and liabilities outside India, External commercial borrowings by individuals, government, NRI deposits, Disinvestment, etc,

Session 3: Mr. M. Damodar Kamath, Chief Vigilance Officer (Retd.),Indian Bank addressed students on the topic Preventive Vigilance for safety. He said today banks have extended services into categories like health and general insurance, mutual funds, D’mat accounts, money transfers, debit cards, credit cards, etc. which makes banking a versatile institution and has made the system a very advanced organization. The advanced system is no less than an opportunity for employees who think of fraud, misappropriation, corruption, willful negligence, etc. which has made the Reserve Bank of India introduce a Vigilance department which makes sure the banking system operates as per standard guidelines. He said rigorous training programs are organized about rules and regulations to be followed and kinds of punishments for various levels of breach of rules, frequent transfers, rotation of staff, strong internal systems, and whistleblowers. 

Session 4: Mr. Balwinder Singh,Senior Manager, Karnataka Bank spoke on the concept AI in Banking Operations and said AI in banking is used based on the customer experience of the software based on data collected by tracking market trends and uses its intelligence in identifying customer tastes and preferences at the same time uses its intelligence to solve problems as well to process, analyse the data using predictive analysis and process automation. A quick business innovation, enhanced security for banking services, fast acquisition of new customers is happening because of AI.

Session 5: Ziaul Khan,Senior Manager, Karnataka Bank addressed students on "Career opportunities in Banking" and said developments in technology could see some jobs disappearing in the next five years Artificial Intelligence, Machine Learning and robotics could reduce the need for staff in roles such as back-office functions or any other repetitive activity. Although there has been hiring, the nature of the skill sets required is changing with a lot more focus on the front-end talent & technology side of Banking. The technological development, which has made banking easier, has also led to a slowdown in the hiring of staff at banks. Increasing Footprint is not just the number one priority for all leading banks but Increasing reach and distribution is the priority through digital channels. 

The recent banking workshop provided a plethora of innovative ideas, offering a deep dive into banking operations, FOREX trading, Vigilance operations, Uasage of AI in banking and career opportunities. Through comprehensive discussions and interactive sessions, students gained lot of valuable practical insights. The workshop also emphasized the importance of continuous learning and adaptation in the rapidly evolving financial landscape, encouraging attendees to embrace change and proactively address emerging challenges to stay competitive and resilient in the face of economic uncertainties.  

A two-day International Conclave on 'Artificial Intelligence and Industry 4.0 – Application in Business Management' took place on March 3, 2023. The event drew widespread acclaim and active participation from both academic and industrial sectors, affirming its significance.

Inaugural Session: The conclave kicked off with an inaugural ceremony graced by the presence of Dr. Madhusudan Singh, Head of Artificial Intelligence at L&T Technologies Bangalore, who served as the esteemed chief guest. Dr. Singh lauded the theme chosen by MITE, highlighting the transformative potential of Artificial Intelligence. He delivered a thought-provoking inaugural address that emphasized the global revolution driven by AI. Mr. Rajesh Chouta, Chairman, emphasized the educational value of such conferences, particularly for students.

Sessions - Day 1: The first day of the conclave featured an array of expert sessions, including a talk by Dr. Jayavardhana Gubbi, Principal Scientist at TCS. Dr. Gubbi provided insights into how AI-driven technologies, such as HyperOps, are revolutionizing the operations and sustainability of industries.

Dr. Sheela Siddappa, Principal Data Scientist at Kyndryl, Bangalore, delved into the strategies employed by companies to harness AI in the marketplace. She elucidated how AI analyzes consumer behavior, ensures product availability, and motivates consumers to make purchases.

Mr. Praveen Kamath, General Manager - HR for Global Strategic Hiring at WIPRO, shared valuable insights into Human Resource Management, highlighting the growing role of data science and Artificial Intelligence in talent acquisition, learning and development, and performance management.

Expert Sessions - Day 2: The second day commenced with a captivating talk by Prof. Shanti Sekhar, an academician hailing from various renowned universities. Prof. Sekhar underscored the significance of Data Science and Industry 4.0 while shedding light on the emergence of Industry 5.0 as a new revolution in the business domain.

Mr. Balram Ramamurthy, Director at Renewable Virginia and Georgia Transformers, USA, delivered an engaging lecture. He provided a detailed account, backed by several case studies, of how Artificial Intelligence is poised to reshape the future of business. He emphasized that these changes would occur sooner than anticipated, transforming the business landscape at an unprecedented pace.

The concluding session was led by Mr. Rajesh Nambiar, Director of Educational Programs and Certification (Asia Pacific and Japan) at UiPath, who narrated how software-driven robots are revolutionizing processes in the new industry, optimizing production, and minimizing wastage. Overall, the International Conclave attracted over 500 delegates, representing a diverse mix of students, faculty, and industry professionals from across the state. The event served as a melting pot of ideas, insights, and innovations, fostering collaboration and knowledge exchange across disciplines.

The success of this conclave underscores MITE's commitment to advancing knowledge and innovation on the global stage. It is a testament to the institution's dedication to preparing students and professionals for a future driven by Artificial Intelligence and Industry 4.0

MITE is committed to providing students with practical industry insights, and recently conducted a Workshop on the Insurance domain to bridge the gap between theoretical knowledge and real-world experience. This workshop consisted of five informative sessions, each featuring distinguished speakers from the insurance industry.

Each session was meticulously curated, featuring distinguished speakers from the insurance industry, who shared their wealth of experience and knowledge. From quantifying insurance needs to exploring diverse insurance products, from discussing career prospects to understanding the pivotal role of customer experience, these sessions encompassed a wide spectrum of topics.

In Session 1, Mr. Ruben Menezes, Director of Associated Financial Advisors Pvt. Ltd, Mangalore, discussed the "Quantum of Insurance." He emphasized the importance of understanding insurance policies and calculating the optimal coverage required for individuals' financial security.

Session 2, led by Mr. Santhosh J from HDFC Life Insurance Company Ltd., Mangalore, delved into "Navigating Insurance Products and Their Purpose." Mr. Santhosh explained various insurance policies, their purposes, and relevance, encouraging students to consider insurance as a promising career choice due to technological advancements in the industry.

Session 3, Mr. Sukesh A, Area Sales Head at HDFC Life Insurance Company Ltd., Mangalore, introduced students to "Insurance Products and Their Relevance," highlighting the insurance sector's significant growth potential and diverse job opportunities beyond sales. Digitalization has transformed insurance processes, making them more accessible.

Session 4, led by Mr. Harish Pawar, Branch Manager at HDFC Bank Ltd., Mangalore, focused on "Elevating Customer Experience in the Insurance Industry." Mr. Pawar emphasized the role of exceptional customer service and the impact of technology on improving customer experiences, underscoring the importance of career decisions.

Session 5: In the final session, Mrs. Lakshmi Shetty, Regional Sales Manager at TATA AIG General Insurance, Mangalore, discussed "Building Careers in the Dynamic Insurance Domain." She highlighted the rewarding career opportunities and personal growth potential in the insurance sector, emphasizing the significance of a strong academic background.

Overall, the workshop provided comprehensive insights into the insurance industry, career prospects, and the impact of technology on its future. The engaging sessions aimed to empower and inspire students, encouraging them to consider the insurance domain as a dynamic and promising field for their future careers.

The Department of Management Studies conducted a comprehensive orientation program for new MBA and MCA students on February 17, 2023, with the aim of facilitating their smooth transition into the university system and introducing them to the institution's culture. Dr. Ganesha Prasad, the Principal, provided an overview of the institute's environment, programs, and extracurricular activities, emphasizing the importance of hard work.

Prof. Jayadeva Prasad, the Director of PG Studies, stressed the significance of setting life goals, developing strong communication skills, and understanding the qualities sought by corporations when hiring MBA graduates. He encouraged students to prepare for these challenges. Mr. Rajesh Chouta, Chairman, emphasized holistic health and its role in contributing to society's well-being. He advised students to cultivate multi-skills, the right attitude, and time management, with a focus on continuous learning and self-improvement.

During Industry Orientation - Day 1 (February 20, 2023), Mr. Raghunandhan M N, Senior Manager at Glow Touch, discussed the importance of specialization, college placements, and adaptability to technology-driven changes in the job market. He encouraged students to build professional networks on platforms like LinkedIn.

Industry Orientation - Day 2 (February 21, 2023) featured Mr. Adarsh, Regional Manager at ICICI Prudential, who explained different marketing roles within organizations and highlighted the importance of financial literacy and expert guidance when investing in the stock market.

Industry Orientation - Day 3 (February 23, 2023), Mr. Puneeth M, Regional Head Sales at ICICI Bank, spoke about the demand for sales jobs in the banking sector, decision-making abilities, and the significance of relationship building in business.

Industry Orientation - Day 4 (February 23, 2023) featured Mr. Mohammed Saqib, Delivery Manager at Pacewisdom, who discussed resume preparation, interview presentations, and the importance of enjoying work over money.

Industry Orientation - Day 5 (February 24, 2023) saw Mrs. Annapoorna V Bhat, Head HR at Bolas, emphasizing that success is a state of mind and the importance of gaining knowledge and skills to survive in a competitive environment. She highlighted key roles in organizations and advised against opting for instant solutions.

On Industry Orientation - Day 6 (February 25, 2023), Mrs. Soumya Shree, Senior Manager at Flatworld Solutions, explained the abundance of opportunities for MBA students, particularly in the IT sector. She stressed the importance of various skills, including soft skills, leadership, communication, and problem-solving, encouraging students to strive for excellence rather than mere success.

Overall, the orientation program aimed to prepare students for the challenges of the corporate world, providing them with valuable insights and guidance from experienced professionals across various industries

The Marketing Conclave 2022, organized by MITE, that took place on September 9th and 10th, 2022 offered valuable insights and knowledge students. The inaugural ceremony on September 9th featured Dr. M S Ganesha Prasad, Principal of the institution, as the president. Dr. Prasad stressed the importance of embracing new-age technology like digital marketing and analytics in today's competitive market. He encouraged students to actively participate and gain exposure to different selling processes and industry styles.

Session 1: Prof. Jayadeva Prasad M commenced the conclave with a discussion on marketing trends' evolution over the past three decades, emphasizing the shift from production-centric to customer-centric marketing. He underscored the significance of Customer Relationship Management (CRM) in nurturing loyalty and satisfaction.

Session 2: Prof. Pradeep Kumar B R delved into B2B marketing, highlighting its differences from B2C marketing. He emphasized the importance of adaptability in the ever-changing marketing field, addressing topics such as digital marketing trends, consumer behavior analysis, and the impact of emerging technologies.

Session 3: Mr. Abhijith Karkera, Area Sales Manager at Hindustan Coca Cola Beverages Pvt Ltd, shared insights about marketing and sales concepts in the FMCG industry. He conducted activities to improve negotiation skills and showcased product launch and branding activities, emphasizing building a positive brand image.

Session 4: Mr. Venkatesh Amin, former Area Manager at Castrol India Ltd, discussed the vast demand opportunities in India due to its large population. He highlighted around 15 industries expected to grow substantially in the next few decades and encouraged students to explore careers in these "sunshine" industries.

Session 5: Mr. Mithun Athikari, Area Business Manager at Samsung Electronics India Ltd, stressed the significance of channel partners in business growth. He explained how businesses are divided into verticals and the importance of keeping channel partners motivated for success.

Session 6: Mr. Ramani Venkat, former Business Manager at Hitachi Data Systems, shared insights about sales profession myths and facts. He emphasized that sales outcomes can be accurately measured and debunked the myth that gender affects sales capabilities.

The Marketing Conclave 2022 offered students valuable exposure to various aspects of marketing, from customer-centric approaches to the intricacies of B2B marketing and sales strategies in the FMCG industry. It encouraged students to think critically, adapt to industry changes, and consider diverse career opportunities.

Resource Persons:

1.     Dr Sheela Siddappa, Principal Data Scientist, Kyndryl.

2.     Mr Santhosh Rao, Associate Vice President- HR, TIEI Pvt Ltd.

3.     Ms. ShahwarBanu, Director-HR,Tietoevry

4.     Mr V S S PavanKumar, Recruitment Manager, Evoke Technologies.

5.     Mr Mohammad Gaffur, Sr Manager-HR, Daimeer

6.     Mr Praveen Kamath, GM & Global Head, Wipro Limited

Dates: 15th and 16th July 2022

Venue: Auditorium 4

 The Department of Business Administration conducted a two-day HR Conclave intending to give exposure to MBA students and update them on the latest happenings in the industry. Six industry experts were invited to deliver lectures on varied topics in HR in order to upskill students with practical industry perspectives.

HOD- MBA Prof Jayadeva Prasad welcomed the guestsand set the stage for conclave.In his welcome address,hementioned that this kind of conferences are part of experiential learning for MBA students. He advised students to derive maximum learning value from such workshops.

 Dr Sheela Siddappa was the chief guest for the inaugural function and she spoke about the relevance of such conclaves in the academic sphere. She wished all success for the conclave and asked students to be interactive so as to get the best learning value.

SESSION 1:  ROLE OF DATA SCIENTIST IN THE INDUSTRY  -BY DR. SHEELA SIDDAPPA

Dr. Sheela Siddappa is the Principal data Scientist at Kyndryl who has vast experience in the field of Data Science. She explained in detail how data science works in the field of Retail. She explained the use of Artificial Intelligence in

formulating sales strategies. She explained the use of Robots in the field of Agriculture and cited examples of how data analysis helps in building and running smart cities. She highlighted the role of data science in cost reduction and profit maximization in business. She further mentioned that curiosity and the ability to ask the right question and get the appropriate answer is the key tothe use of data science in business.

 SESSION 2:   PURPOSE IN LIFE -BY Ms. SHAWAR BANU

 Ms ShawarBanu impressed upon the students that there has to be a set purpose in everybody’s life and listed the do’s and don’t’s to achieve that purpose. She emphasized that one has to develop confidence and keep convincing oneself that WE CAN DO IT. We must explore and find out who we are and not underestimate ourselves. She advised students to imagine, explore and learn.She mentioned that self-doubt is a hindrance in attaining one’s purpose and one must not engage in itbut believe in self. The speaker added that “we are blessed to be born in this era” as people are tech-savvy and every process is simple and quick.Therefore one must constantly upskill and reskill to survive in the corporate world. She appealed to students to do their strive toward their aspirations and be happy rather than pondering over what others say and be unhappy.

 16 July 2022 - (DAY 2)

The master of the ceremony MsJoyline D’Souza welcomed all assembled for the conclave.The speakers of the day were introduced and the Diaz was handed over to the speakers.

 SESSION 3:  FACING INTERVIEWS -Mr V S S PAVAN KUMAR

In his brief session, Mr Pavan Kumar gave an overview of how an Interview process happens and what the preparations should be for a student. He told students to be quite confident and expressive in interviews. He spoke about how to make impressive first impressions during self-introduction.  One needs to listen carefully, understand and then explain the answers lucidly. He said that each interviewer is different and one must strive hard to impress them. Being different and positioning oneself as unique is very important in the interview process so as to increase the chances of getting hired. He advised students to explore theirstrengths and weaknesses and work upon them. He gave the mantra “Knowledge is Power and Wisdom is Wealth”.

 SESSION 4: HOW TO WIN AT THE WORKPLACE BY MR SANTHOSH RAO

Mr Santhosh Rao spoke about the changing scenario in Technologies in the industry today. He stressed that HIGH-TOUCH (People skills) is as important as HI-TECH (Technology) in today’s times. He said that building relationships at the workplace is important but difficult as people are always on the computers or telephones.  He told that one must be multi-functional and be easily adaptive to any kind of situation and be willing to take up work from a completely different domain. He further highlighted the importance of KASH – Knowledge, Attitude, Skills and Habits. One must  updateknowledge with changing times, developa positive Attitude to succeed, have the necessary skills to work in diverse scenarios and have professional habits. He also spoke about a new concept called Adversity Quotient which is one’s ability to fight adversities and win. He advised students to prepare for interviews seriously and do the homework properly and improve their communication skills. 

SESSION 5:ROLE OF HR IN ORGANISATIONS -MR. GAFFUR

MrGaffur stressed the fact that HR has a very important role to play in any Organisation. He further explained about 15 Best Practices of Human Resource function:

1.     Fair recruitment, selection and onboarding of people

2.     Proper welcoming and Induction program for new employees.

3.     Inspiring the candidates to open up and communicate

4.     Speaking – Speak to them

5.     Listening – Listen to every employee

6.     Ensure Employee participation in discussions and decision-making.

7.     Grievance Redressal mechanism to take care of their problems.

8.      Thanking-Appreciation-Recognition

9.     Training Development and Career management

10.                        Work-Life Balance

11.                        Provide Support

12.                        Policies of Diversity and Inclusions

13.                        Celebrating Employees’ Life events

14.                        Rewarding performancehelps the organization to excel in business.

15.                        Corporate Social Responsibility.

These practices would go a long way in improving Employee engagement andand help the organization to excel in business.

SESSION 6: TALENT MANAGEMENT FOR THE TWENTY-FIRST CENTURY-BY PRAVEEN KAMATH

 The speaker  Mr Praveen Kamath started the session by saying that Failures in talent management are an ongoing source of pain for executives in modern organizations. He defined Talent management as a constant process that involves attracting and retaining high-quality employees, developing their skills, and continuously motivating them to improve their performance.He stressed that talent management is vital for the survival of companies as it capitalizes on employees -the most important asset of your company. Talent management helps you maximize the value of employees. The speaker discussed in depth the advantages of talent management in the 21st century. Firstly it makes anorganisation competitive i.e by hiring and developing talented employees, your organization becomes stronger and better prepared to face changes and risks.It drives innovation. Talented employees can find ways to harness the capabilities of new tools and solve problems or come up with original ideas. It helps form productive teams as anThe appropriate talent management strategy will allow you to form a more productive team. It decreases turnover when employees feel valued at a company, when they know they will have plenty of opportunities to grow in the business, they are less likely to seek work elsewhere. It leads to strong employer branding and motivates others to grow.

The  HR conclave event came to an end with the Vote of thanks delivered by MsDhanya from 2nd year MBA. The conclave The HR Conclave helped in bridging the gap between industry-academia by building upon strong industry connections. It also benefitted thy by providing students with a good networking opportunity equipping them to be industry and market ready.

The Department of Business Administration organised an Orientation program to the batch of 2021 on 18th of February 2022 followed by Induction program during  22-26th  February 2022. This is an annual program conducted for the fresh batches of MBAs in order to give them a proper Orientation to the MBA program at MITE. 

The Master of Ceremony Prof. Pradeep Kumar from the Department delivered the welcome address.  Welcoming the new students and dignitaries, Prof. Pradeep gave a brief introduction of the dignitaries and speakers of the day.

The Principal, Dr.Ganesha Prasad briefed the new students about history and background of the college as well about the facilities and amenities inside the campus. He highlighted the achievements and the international/national awards won by the students of the college and MBA students in particular. He went on to explain the various industry tie-ups of the institutions and also elaborated on the opportunities these tie ups provide to the students to sharpen their skills. He concluded his talk by highlighting the progress of the institution since inception.

Prof Jayadeva Prasad, Head, Department of Business administration gave an overview of the MBA program and explained to the fresh students what to expect and what is expected of them. He further explained in detail the role of a manager and the key aspects of managerial personality. He highlighted that Personality Development is the most crucial part of MBA education and every student must focus on that in addition to acquiring class room teachings.

Mr. Rajesh Chouta, Chairman of the RajalaxmiEducation Trust in his thought provoking speech, emphasised the importance of Management education for the development of the society. He urged the future managers to make full use of the various opportunities coming up in the next two years to develop one’s management and entrepreneurial skills. He reiterated the need to have a bigger vision than just making simple career. He informed that having a larger vision of being a job creator is more relevant to future managers. He said, the goal of the manager has to be towards uplifting the society rather than just to be engaged in a 9 to 5 job. He further added that it is important to focus on future career right from day 1 and be focussed.

Vote of thanks was rendered by Prof.VerinaDSouza from the Department of Business Administration.

Session 1                                                   Sreenivas Ramanujam

Department of Business Administration along with Career guidance cell MITE organised industry orientation program for first year MBA students (2021-23). Accordingly, the department and career guidance cell organised a talk on 22.02.2022 by Mr. SreenivasRamanujamKanduri, AWS, Data Integration Unit at TCS and Mr. Praveen Chandran, Academic Relationship Manager, TCS.

The guest addressed first year students about the challenges of the industry. He highlighted the importance of being strong in basics. Students being in first year MBA need to utilise library to develop further knowledge on the said subject. The world is moving towards new technology. The technologies can help organisations to reduce the operating cost. The traditional methods of running business will cost huge amount of money whereas the same job, when run through a software, will bring drastic drastic reduction in cost which will enable the business houses to make more profit as well as manage the industry for a long time

Cloud computing has brought dramatic changes in the industry. With the increased number of customers the companies, these days need more and better service providing companies. Cloud computing has brought the changes which many industries were looking for. The development of one such technology has enabled the organisations to run businesses effectively and remain more customer- friendly.

The internet and social media has changed view of the business men to see the world and also the way businesses happen. The development of and introduction of crypto currency has made impact on the way online business run. The invention and development of block chain technologies have made one such thing possible to the world.

He advised students to be aware of such technologies which will provide many opportunities to MBA students. Being future managers, MBA students need to know basics of these technologies thatwill help in smooth functioning.

The session ended with a question and answer session. Prof.Jayadev Prasad M HoD, Department of Business Administration and Prof. Narendra U P, Dean, Placement were present.

Session 2                                                            Joshuva David

Department of Business Administration along with Career guidance cell MITE organised industry orientation program for first year MBA students (2021-23). Accordingly, the department and career guidance cell organised a talk on 23.02.2022 by Mr. Joshua David M D, The India Campus Lead, Mphasis.

Mr. Joshua David appealed students to work hard and get good marks in their academic life as it is the first step to be successful in their career. He said the

Hardworking and smart working should be learnt in the institution itself because they do not get chance to experiment in their career. Is it very important to utilise library, reading magazines, news paper, novels and any other material available in the college library.

He also requested students to participate in all the opportunities like fests, paper presentation competition, sports day, cultural day etc,. Whichever comes their way should be utilised and take experience from it so that the attitude of winning in learnt and lose is experienced and leant lessons from it. He also suggested students to have right friends as they become the source of motivation and when they grow they also help you to grow. The program ended with question and answer session.

 Audience listening to the guest

Session 3                                                            Pradeep Kote

Department of Business Administration along with Career guidance cell MITE organised industry orientation program for first year MBA students (2021-23). Accordingly, the department and career guidance cell organised a talk on 25.02.2022 by Mr. Pradeep Kote, Manager, Talent Acquisition, WileyMthree.

An interactive session held by Mr. Pradeep Kote which gave lot of knowledge to students in planning their career. It opened a new dimension for students in terms of career selection, requirements of any career and success in career. The guest focused his discussion on career selection as it is the first and important step for any student. He also discussed requirements of various career options and attitudinal differences between careers.

He suggested students to focus on learning of new technology as these days every job is run through some or the other technology. The upcoming technologies will eliminate few jobs, industries and at the same will create new industries as well as lot of job opportunities. Students need to focus on upcoming industries so that their career can go to peak when the industry is growing. He suggested students to update themselves with current affairs and told them to notice the changes happening in the industry.

Session 4                                                      Harsha    Banninthaya

Department of Business Administration along with Career guidance cell MITE organised industry orientation program for first year MBA students (2021-23). Accordingly, the department and career guidance cell organised a talk on 23.02.2022 by Mr. HarshaBaanninthaya, Transformation Leader, Sazerac Company.

The college life plays utmost importance to climb the ladder of corporate life said by Mr. Harsha. He continued to say there are plenty of things a student must learn in campus to be successful in corporate life. He insisted students take 2 years of MBA as a beginning of corporate life, spend time as an employee, work like a employee but without salary. The attitude what developed here will be crucial in their career. He continued to say there are plenty of opportunities for freshers but since students are not aware of it, they fail to take advantage of it. He requested students to keep researching about various career options, various industries and industry specific job opportunities, the job requirements, preparations required for every job etc,. The hard work what goes in here will become foundation stone and student will be able to build their career upon

it. The session ended with a few questions and answers  

Session 5                                                                  Murthy R K

Department of Business Administration along with Career guidance cell MITE organised industry orientation program for first year MBA students (2021-23). Accordingly, the department and career guidance cell organised a talk on 25.02.2022 by Mr. Murthy R K, CEO and Co-Founder Ashva Fitness Club and Ms. Kasthuri Rao, Versatile dancer and Long distance runner 

Mr. Murthy being fitness coach urged students to be fit mentally as well physically. A physical well being is important students to focus in class, helps in maintaining constant academic work etc,. Today, a modern lifestyle makes people lazy and casual, which is not a good sign for youths. Fitness teaches consistency in any work because fitness requires constant workouts and that is what is needed in life to e successful.

Ms. Kasthuri spoke about how to be successful in life. She gave examples of Ramayana and Mahabharatha and said in Mahabharatha success manthra of Arjuna is constant hard work. Luck favours the prepared. So prepration is important in life. He conducted few activities, taught few exercises so that students can be fit. The session ended with question and answers

Session 6                                                         Shiva Prasad

Department of Business Administration along with Career guidance cell MITE organised industry orientation program for first year MBA students (2021-23). Accordingly, the department and career guidance cell organised a talk on 25.02.2022 by Mr. Shivaprasad HR Manager (People Transformation), Marlabs

 A practical demonstration session through activity was held by Mr. Shivaprasad for 1st year MBA students on various management concepts. A corporate life will be full challenges, which has to be solved through patient and creative thinking by managers. The guest created a hypothetical situation in the session and made students to realise about situations where they need to utilise their thinking ability, patience and at the same time to work with real time data.

Many activities were held throughout the day for students to demonstrate their ability and understand the situations. He pressurised students thinking ability and made them to realise their true potential. The session was a eye opener for students about their capability and they learnt to give their best all the time.

The Career Guidance Cell of MBA Department, MITE organized a workshop on HR Analytics using advanced Excel on 17th of February, 2022. The workshop was conducted by Prof. Girish. M, Principal of Trisha College of Commerce and Management, Mangalore. The resource person has an enormous amount of experience in his field. The workshop was conducted for the second year MBA-HR students to help them gain some practical applications of the subject. The session began with Sahana introducing the resource person and welcoming him. She gave a brief on Prof. Girish’s achievements and experience. The welcoming session was closed by welcoming all the other present in the session including HOD of MBA Department, faculty members and the students.

The session began with Prof. Girish brushing the students with basics of excel. It highlighted mostly on the different tabs and function available in excel and how it can be put in use. He gave them exercises on the concepts that he taught and asked them to solve it by themselves. Prof. Girish also pointed at some of the shortcut keys to use these functions which can make their work easier.

The workshop has given the students a lot of extra information than just academics and will also come in handy in their work-life. The resource person has also pointed out on its importance and how it can be used. The session was concluded by Sahana thanking Prof. Girish for making time from his busy schedule and also thanked HOD of MBA Department for providing this opportunity, all the faculty members and the participants of the workshop.

Zoom meeting link: https://us02web.zoom.us/meeting/register/tZcsdumuqjsuHdXgETlglEbfMUAXZ_CcSbLh

With close to a decade of business industry experience across leading companies of varied sectors, SrikantaLahari is an M.Com, LLB, MBA, B.Sc and has completed Financial Data Analytics from IIM K. She has domain expertise in Finance, Business Process Analysis and Training & Development and has over a decade of teaching experience. She teaches Managerial Economics, Financial Accounting & Management and Security Analysis and Portfolio Management. SrilankaLahari has also presented papers in International Journal pertaining to Women Entrepreneurs.

With the intension of enhancing the knowledge of personal investment, MBA department of MITE has organised a workshop on Capital Market Awareness. MITE faculty and MBA students took part in this workshop. Mr. Pratik Shetty welcomed the guest speaker and audience for the program.

Ms. LahariSagi started the discussion with the concept of investments, earnings and expenditure. Difference between savings and investments were discussed in detail. The growth of Sensex , the compounding impact of equity investments, inflation beating capacity of equity and the increasing consumer demand of the country were discussed in support of equity investment. She discussed about the user-friendly portal of BSE (Bombay Stock Exchange). The responsibility of an investor to do the due diligence of any investment product and the support of BSE in this regard was also the part of discussion.

Hybrid equity products like SIP, SWP, STP and different types of mutual funds were discussed in brief. Further Ms. Sagi spoke about other products of BSE like commodity derivatives, currency derivatives, equity derivatives and debt products. Finally do’s and don’ts of investment was discussed, with the words of Warren Buffet, audience were motivated to invest in equity market particularly in a diversified portfolio. In the Q & A session Prof.Jayadeva Prasad raised discussion about the investor’s protection in a broker based trading transactions. Mr. Pratik Shetty gave vote of thanks and concluded the workshop. 

23rd August, 2019   A Faculty Development Program was conducted by the department of MBA on the topic “Advanced Trading Strategies in Futures & Options”. The program was conducted to update the under graduate teachers knowledge on derivatives trading strategies. 41 Faculty members from various under graduate colleges in and around Mangalore have participated in the program. Dr. Krishna Kanchan, Principal of SDPT First Grade College Kateel inaugurated the program, Dr. Easwara Prasad; Principal of MITE presided over the inaugural function.

Keynote Address - (Session -1)

By

Mr. Vinaya Bhat PJ

Mr. Bhat is the General Manager for Treasury in Karnataka Bank LTD, Mangalore. In his address he mentioned that, futures and options plays vital role in banking. Particularly in the treasury department to safeguard the customers invested money and to increase the return for investments of Karnataka Bank, treasury managers are trading in the futures and options. Merchant Bankers and Investment Bankers are providing specialised services in these segments. Therefore it is necessary for all of us to update our self on these developing concept derivatives.

 “Trading Strategies in Option” -  Session-2

By

Mr. Dhaval Rajendra Desai - Manager, Advisory team.

(Anadrathi Share and Stock Brokers Ltd)

Mr. Dhaval Started his session with the concepts of options and futures. He explained the working mechanism process of these two derivatives. He also discussed the following basic concepts with respect to option contracts.

1. Call option (or calls) - the right but not the obligation to buy an underlying asset during a particular period of time.

2. Put option (or puts) - the right but not the obligation to sell an underlying asset during a particular period of time.

3. Exercise the option- It invokes the rights contracted 

4. Exercising price (or striking price) - the price at which the buyer can purchase or sell the underlying instrument.

5. Expiration date - date at which rights to exercise the option cease to exist.

6. Option Premium- the price of an option

7. Exercise types: - American: The right could be exercised any date before the expiration date. -European: The right could be exercised only on the day of expiration date.

Further he started his discussion on various trading strategies on futures and options. Long and Short position strategies in futures to safeguard the portfolio were discussed in the beginning. Later different option trading strategies like Bull spread, Bear Spread, Butterfly Spread, Strips, straps, straddles and strangles were discussed in detail. He concluded his session saying option trading is risk free, if we enter with complete knowledge on these strategies. Majority will lose their money because they are nor investors with 100 % knowledge on derivatives trading strategies. Participants had healthy discussions during the session as well as during the question and answer session.  

 “Exchange Traded Currency Derivatives” - Session-2

By

Mr. Shankar –Area Head North India Sales.

(Geojit Financial Services Ltd)

He explained about the Stock which represents the financial strength of the company and the basic introduction about the derivatives. The focus in his session was on application of derivatives in the commodity and currency markets. He started his session with the concept of hedging and managing the price risks in different sectors. Following strategies were discussed during his session.

1.  Bull put spread-

It is executed when we have bullish outlook in stock/ Index. Lower strike put outflow is funded by higher strike in money put. It is a net credit strategy.

Merits:

·         It helps to generate sustainable income.

·         It can be used to repair loss making long put buy selling higher.

Demerits:

·         Identifying clear area of support and resistance is essential

·         If the stock closes below the strike put, one can lose money.

2.  Bear call spread-

It is a bearish income strategy that could be executed when one expects the stock to find resistance at higher level. It is executed when we have bearish outlook in stock/Index.

Merits:

·         Helps to generate income sustain income if the view goes correct.

·         Can be used to repair loss making long call by selling lower ITM call

       Demerits:

·         Identifying clear area of support and resistance is essential.

·         If the stock closes above higher strike, one can lose money.

On 3.8.18 The Faculty Development Programme on Derivatives Decoded began with the inauguration by Prof. Manoj Louis, Secretary, MUCTA. In his inaugural address, Prof. Manoj Louis spoke about the need for conducting the FDPs and its advantages to the Faculty members and their students.

It was followed by a Key Note Address on the Role of Financial Derivatives in Managing Risks by Prof. Ram Balasubramanian. He explained the various derivatives and the risks involved in the current financial scenario.

The first session was conducted by Mr. K. Abhaya Kumar on Forwards and Futures. The session began with the meaning and basics of Derivatives and the different types of derivatives such as Forward Contracts & SWAP, Futures, Options. Mr. K. Abhaya Kumar then took up Forwards in detail and explained its mechanism and Payoff with an example. He then gave the limitations and the features of the futures and also the differences between forwards and futures were explained. The session ended with the question answer round from the participants.

The second session on Options began post lunch. It was conducted by Mr. Jayadeva Prasad M, the Head of the Department, Business Administration. He began the session with the definition of Options and its various types were explained effectively as to how the Call and Put Option works differently. The session ended with an explanation on the different advantages and disadvantages of Options.

The last session on Swaps was conducted by Mr. Ajith D’Mello. He began the session by saying what is a SWAP and told about the different types of SWAPS in the market. He then explained the benefits out of SWAP using an example of two firms borrowing on Floating and Fixed Rate and also showed the working of SWAP and its cashflows using the Payoff Diagram.

The Faculty Development Programme ended with the Feedback session by the participants. All the 3 participants who gave their feedback said that the FDP was effective and encouraged to conduct more of such programmes. The feedback was also taken from all the participants in the written format and finally a group photograph was taken with all the participants and the resource persons. Participation certificates were distributed and at last refreshments were served to everybody.

The Department of MBA organized a splendid Orientation Programme to formally welcome first year students of MBA Batch 2018-19 on 11 October, 2018. This Orientation Programme was designed to support new students as they begin their MBA journey at Mangalore Institute of Technology & Engineering. It was to give the new entrants a good feel of the family culture at MITE and understand what to expect during their time in the campus.

The Principal, Dr. G. L. Easwara Prasad acquainted new students to the background, vision, growth, culture and achievements of Mangalore Institute of Technology & Engineering.Mr. Rajesh Chouta in his thought-provoking speech emphasized the role of management education in the overall development of future managers. He spoke about the importance of unlearning and relearning in student life.Prof. Jayadeva Prasad M., gave an informative address and pointed out that students should be equipped with multi-skills, right attitude and time management and must desire for learning and positive restlessness for self-improvement.

The second day of the orientation programme had session from Mr. Muhammad Azan Patni, who is an entrepreneur. He shared several success and failure stories of his life with the students and inspired them to take up entrepreneurship.

The third day of orientation programme had sessions from Mr. Dheeraj Shetty and Mr. AbhijithKarkera. Mr. Dheeraj Shetty, General Manager- HR, IR and Admin of JBF Petrochemicals Ltd., gave a talk on rational decision making and interview etiquettes. Mr. AbhijithKarkera spoke on communication skills and conducted activities that helped students enhance their confidence.

On the fourth day of the orientation programme, the first session was taken over by Mr. Sandeep Bolar, Area Manager at Exide Life Insurance. He gave a talk on Marketing, discussed various concepts of marketing and customer satisfaction. The second session was conducted by Mr. Rakshith P. Shetty, who spoke about building confidence and self-appraisal. The next session was taken by Mr. Ajith D’Mello, who gave brief introduction about various club activities and running projects as well as paper presentations. The last session was taken over by Mr. Ravish K. B., who gave a talk on finance service sector in India and skills required to enter into financial industry.

The Department of Management organized its Mega Event of the Year, “Women’s Entrepreneurship Summit 2018” on 2nd and 3rd November 2018 which had 13 successful Women Entrepreneurs under one roof. The event was based on the theme - ‘Marching Ahead- The Power Within’. The event was inaugurated by Ms. Sarita Santhosh, The Founder of Sunshine Travels &Holidays. Dr. G. L Eshwara Prasad, Principal, Prof. Jayadeva Prasad M, HOD-MBA, Ms. Jaya Shetty, Program Coordinator were present. Ms. Sarita Santhosh addressed the gathering and said that this summit has significance for future managers and is not just meant for women but also to men, as entrepreneurship is not an easy art for anyone to take as a profession.

Panel Discussion 1: WomenEntrepreneurship – Roles and Challenges

Ms. Sarita Santhosh, Ms. Ritu Chabria Sah (Founder Partner of Vanassara Food Pvt. Ltd.), Ms. Supriya R Kamath (Managing Partner at Uttam Agro Industries), Ms. Maithri Chandrashekar (Centre head at Eurokidz Manipal) and Ms. Harsha Kamath (Managing Partner at L G Industries) were the speakers. All the speakers predominantly spoke about their life and business.

Ms. Sarita said, to be a leader, you need to be an exemplary human being. When you are an entrepreneur you become an inspirational instance to your team, clients, customers. Every step you take should reflect this thought. For women, marriage or any other situational change should not be a restriction. She also said that women have the in-born characteristics of meticulousness, sincerity and empathy, therefore women can be equally competent as men.

Ms.  Supriya Kamath said, Gender discrimination, patriarchal society has all quite diminished and women are treated equally. However, cultural reconstruction is required for uplifting of women’s status. She also recalled how people discouraged her initially but her success brought changes in their mindset. Shethen urgedthe students to be courageous and take risks.

Ms. Maithri said that women start realizing the importance of leadership when they lose their identity within four walls and engage in family life. To be identified, one needs to come out of their comfort zone and start living in the situations that ecosystem creates and tackle the challenges of the society.

Ms. Harsha said that an entrepreneur should never expect anything, the situations and difficulties are always different and entrepreneurship is about overcoming those difficult situations.  She said that an Entrepreneur’s life is not explanatory, rather it is self-discovery.

Panel Discussion 2: Women Entrepreneurship – My Journey.

Speakers were Ms. Poornima Prajwal Shetty (Co-founder of LOL Studios), Ms. Shwetha (Director of Anirvedha Resource Centre), Ms. Shipra Rai (Managing partner at Spindrift & Thyme restaurant) and Ms, Komal S Prabhu (Chief operating officer at Maharaja Restaurant).

Ms. Poornima said that Business competition is always your friend who makes you understand what your loss is and doing a proper research before starting up a business is crucial.

Ms. Shwetha who is into the service sector,said that one should follow their passion and be prepared to take any risk for that passion, and she being a psychologist faced many challenges strongly as she believed in her goal and therefore,she could be a successful entrepreneur and serve the society.

Ms. Shipra said, Women must be courageous enough to follow their dreams, and being a business person is not just about being a master but also a person who has vision about consumers perception. She also said that working in corporate is slow motion whereas entrepreneurship is fast track. In entrepreneurship, facing problems every day is like firefighting.

Ms, Komal said Everybody is rooted with their own strength,one needs to just look for it. She said that she never thought that her life was difficult because then it would be. From a social family she was married into a conservative family and spent a few years of marriage in the kitchen. This made her bring her inner strength out. She also said that entrepreneurship is difficult but one can create a world for themselves in there.

Panel Discussion 3: Women Entrepreneurship – Beginner’s Guide.

Speakers were Ms. Lakshmi M Rao (Managing Partner at Manjunath Rubber), Ms. Christabel D’Souza (Business Manager at Flora travels), Ms. Mariam Mohiudeen (Founder of Baker’s Treat from Mariam’s Kitchen) and Ms. SulajKini (Managing Partner at Bell Paints). 

Ms. Lakshmi said that she took up the business after her husband’s death and initially no one respected her. She also said that handling business is all about taking risks. At first,she was not ready to do that and her profit margin went on shrinking. Later, her team of managers helped her a lot and now they are successful andare going to diversify their set-up as well.

Ms. Christabel said that her father started the business and tourism has been her passion, and she learnt the work culture from her dad. She said that, one won’t face disappointments when they expect negativesto happen. She initially ventured the field by working under others and then took up her father’s company wherein experience taught her to be confident. She then said that, one should be able to run the business without anyone and that is entrepreneurship.

Ms. Mariam said, thinking creatively and according to the preferences of people will help in developing the relationships and entrepreneurship does not depend on size of the organization, rather creativity and innovation is significant.

Ms. Sulaj said,Discipline, Punctuality and Knowledge are the keys to success for an entrepreneur. She also said that, to be a successful entrepreneur one should dedicate themselves to the commitments and hard work can only help in attainment of goals.

Department of MBA organized a one-day workshop for the students of MITE titled “ALL THAT YOU WANTED TO KNOW ABOUT START-UPS” on June 20th, 2018 in the college auditorium.

Mr. Mayur Shetty, Founder & CEO, Blackfrog Technologies Pvt. Ltd, Mr.Donson D' Souza, Co-founder & COO, Blackfrog Technologies Pvt. Ltd, Mr. Avinash Thakur, Co-founder, Unotrack& NIDHI Entrepreneur In Residence and Co-founder of Aviadi Fin-tech andMr.Vaibhav Thacker, Founder of Automated Farming Project & NIDHI Entrepreneur In Residence were the resource persons.

The various sessions of the workshop were as follows:

Registration, Introduction and getting to know the students (Ideas, Backgrounds, aspirations and life goals)

 Entrepreneurship Journey so far.

Introduction to Entrepreneurship

Opportunity Analysis

Markets, Finding the need and planning process

Ideation/Creativity Task

Launching Your start-up and Growth Strategies

Building your team

Branding and Marketing strategy

Business Model

Common Pitfalls

Business Plan & Breakeven Analysis

Financing

Information on government schemes and financing opportunities for budding entrepreneurs

Conclusion & final remarks

 The workshop focused on a session on Idea Generation conducted by Mr. Vaibhav Thacker. During this session the focus was on generating new ideas through brainstorming. Another guest speaker, Mr. Avinash emphasized on the opportunity scanning and analysing them under different circumstances. Students were categorised into 10 groups and they were asked to select a product/service each and develop a new innovative product/service with unique features along with itsfeasibility study.

In the post-lunch session, students presented their innovative products/services and the panel discussed the feasibility of the ideas developed by the teams.

Mr. Donson D’souza, explained in detail the various funding opportunities available for new start- us and how one can approach venture capitalists or angel investors.

Subsequently, Mr. Mayur Shetty discussed in detail the importance of building an effective team for the smooth functioning of a start-up. The team should consist of people from various key areas such as finance, marketing and technical areas.

The workshop was concluded by collecting students’ feedback about the programme. Prof. Jayadeva Prasad thanked the resource persons for their presence and gave away the mementoes as a token of appreciation from the Department of MBA, MITE.

MAPS Mangalore wins INSPIRE 2018

INSPIRE 2018 was conducted by the Department of Business Administration on February 24th, 2018. More than 200 students from various colleges across the neighbouring districts participated in the different management and cultural events. Winning students were awarded attractive cash prizes and trophies.

Dr. John Clarence Miranda, Principal, Pompei College, Aikala graced the occasion as the Chief Guest and inaugurated INSPIRE 2018. Prof. Jayadeva Prasad, HOD, Dept. of MBA, welcomed the gathering and Dr. C. R. Rajashekhar, Vice Principal, MITE, delivered the presidential remarks.

Various management and cultural events such as Money Matters, Man Power, Hard Sell, Start-up Street, Brain Teaser, Mixed Bag, Indian Solo Singing, Western Solo Singing, Mime Show and Variety Competition were held throughout the day.

Dr. Ummappa Poojary P, Associate Professor, Dept. of Commerce, Sri Gokarnanatheshwara College, Mangalore was the Chief Guest for the valedictory function. Mr. Rajesh Chawta, Chairman, MITE, presided over the function. Dr Rajashekhar, Vice-Principal and Prof. Jayadeva Prasad, HOD, Dept. of MBA, MITE were also present.

MAPS College, Mangalore won the overall championship and SMS College, Brahmavar were the Runners-up. Apart from these, SDM College, Mangalore, NSAMFGC, Nitte and Dhavala College, Moodbidri won several prizes in various events.

Department of MBA from Mangalore Institute of Technology and Engineering (MITE) organised a one-day national conclave on “Human Capital management – Emerging perspectives” on 19.11.2016 in its campus in Moodabidri.  The conclave was attended by eminent speakers from the industry and delegates from several colleges.

Conclave was inaugurated by the key note speaker Mr Shantaram Hegdekatte, Director, Takshila and US schools, Educomp India and the valedictory address was given by Prof Achal Raghavan, adjunct faculty at IIM Bangalore, Ahmedabad, Udaipur and Shillong.

The first panel discussion on the topic “Leveraging technology in human capital management”was moderated by Prof. Murthy R K, CEO and co-founder of Asva running club and partner at Mindfield resources and was attended by Mr Sridhar murthy, HR manager at EVRY India, Mrs Veena Shetty, HR manager , Desicrew solutions and Ms Sandeepa Samuel, Head of HR, Applift.

The second panel discussion on the topic “Cultural issues in a globalised environment” was moderated by Prof Balasubramaniam, former CEO of Tata International and was attended by Ms SonaliRamaiah, HR lead, Cisco, Mr Noel fernandes, HR manager, ITC ltd and Ms RamyaVenkatachalam, HR manager SAPA BS pvt ltd.

The principal Prof. G.L Eswara Prasad welcomed the gathering and the chairman Mr. Rajesh Chowta delivered presidential address.