Introductory Talk in IFRS FDP by Dr. Sangeeta Pandit

A Faculty Development Program on IFRS was held by ACCA and Mumbai University in association with SIMSREE. Here is the introductory talk by SIMSREE's HOD of Finance, Dr. Sangeeta Pandit :

" Good Morning everybody!

With the notification of the Ministry of Corporate Affairs (MCA) in February 2015, International Financial Reporting Standards (IFRS) have now truly arrived in India. They are applicable and of great importance in preparing financial statements, auditing them and interpreting them. Their application will have far reaching impact and its ripples will be felt in Merger and Acquisition (M & A) Activities, joint ventures, private equity, raising of finance, tax planning, ESOPs and other strategic areas.

India, today, is an intrinsic part of the Global world and our regulators have prudently adopted 39 accounting standards formulated by the Institute of Chartered Accountants of India (ICAI) called IND As which are substantially in sync with the global standards of today called IFRS. Applicability of IND As to companies depend on their Net Worth and whether listed or not. By 1st April, 2017 a large number of the Indian companies will have to mandatorily adopt IND AS. The biggest problem for our Accounting Bodies is that we are formulating standards based on IFRS which are evolving. We are trying to model our standards based on standards that are very fluid.

The move to IFRS will enhance transparency, enable international comparability and make our markets more attractive.However, there are concerns - the level of complexity is certainly one of them. The stress on fair valuation ushers in subjectivity that may make accounts not comparable defeating the purpose of having standards. IFRS are constantly getting amended, such frequent changes, disrupts the very measures of calculation. Companies that do not use public money do they really need such complex standards is a moot question.

IND AS brings about a paradigm shift in many ways. New concepts will have to be learnt like Revenue Recognition model, Financial Instruments definition, manner of preparing Consolidated Financial Statements and many others.

IFRS has put a higher responsibility on Accountants. They are now required to know market economies, be able to read transactions as per their substance and strategic impacts and above all have an unbiased and ethical approach while doing fair valuation.

Considering the importance and complexity of IFRS, we felt it fit to have a workshop on this topic.
I am very grateful, to Dr. Anil Patil for sparing his valuable time and being our chief guest. I thank ACCA for collaborating to make this event happen. A big thank you to our esteemed speakers, Dr. Richard Martin of Association of Chartered Certified Accountants who will speak about the global scenario of IFRS and Mr. Date, Corporate trainer and consultant, who will speak about the relevance of IFRS in India.

Hope at the end of the day, you all feel that it was worth the time you invested. My best wishes for a day of great learning and net working. Merry Christmas and good luck and joy in the fast approaching 2016.

Thank You."

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Guest Lecture by Mr. Manish Bansal

Unlike a quintessential lecture the session started with a content-full and insight-full video that spoke about the importance of investment and then the entire session revolved around the major learnings from the clip. Sir made those indirect learnings extremely lucid and fathomable with sharing his personal experiences and lessons, compiling which one can form an SIP “systematic investment program”

Lesson 1

Greed and Fear, these are the two major components of the market. “when people are greedy be fearful and when people fearful be greedy”. In short these two words indicate the temperament of the market, so when the market is greedy, flourishing, surrounded by good news, it’s the time to pull out your investments, as the line says it’s when you should be more fearful. But when the market is fearful, down, seeing a low that’s when you make investments and be greedy.

Lesson 2

“Rationale behind your investment”. Ask yourself why you want to put your hard earned money into something, have a strong reason backing your move. Do a thorough research before going for a particular company stocks. An astute investor knows where to put his money.

Lesson 3

“Start early” investments follow Fibonacci series. Hence law of compilation is what it grows on. The sooner you start the larger you amount will be at the end of the day.

Lesson 4

“Spend after saving than save after spending”. Saving should be the first priority and not spending when you receive your salary. Spend what you save after saving.

Lesson 5

“Don’t let sauce settle, keep stirring”. What it means is one shouldn’t let the money settle in a bank account because even a small amount of money counts. Keeping it in the bank may fold it twice over a decade but a good investment can fold it multiple times.

Lesson 6

“Don’t buy things you don’t need”. Do this and you may need to sell the things you need one day.

Lesson 7

“Compounding is the eighth wonder of the world”. As long as you don’t do anything stupid with your money, you would end up becoming rich provided you are discipline and patience.

And last but not the least “be a learning machine” add value to yourself every day because the biggest you have is you own reputation. 

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Batch Reunion 2010

The Batch of 2010 visited the Sydenham campus on 12^th of December to relive the memories and old days at a Reunion organized by the Alumni Committee on the occasion of completing five glorious years of graduation. The evening was graced by a lot of festivities, laughter and fun as the alumni plunged into the recollection of a plethora of memories that they shared with each other and the current students.

The evening began with the alumni sharing their experiences and how the institute had helped them develop in the two years that they had spent here. The nostalgia that the Alumni have towards the institute was clearly visible when they spoke of the institute and how they felt after coming back. As stated by most of the Alumni, it was like yesterday when they roamed the corridors on the Institute.

The evening progressed with the Alumni taking a stroll in the campus and remembering the moments that they spent there. The alumni also engaged with the students through interviews and conversations about the time they spent at SIMSREE. This was followed by the alumni being treated to a delicious cake. The Alumni indulged in a session of karaoke singing and expressed themselves vibrantly. They enjoyed the company of seeing their friends after a duration of five years as they regaled each other about how their lives have changed over the years.

Mr. Prathamesh Kini, an alumnus of the 2010 batch, concluded the event by congratulating the Alumni Committee for hosting such an enjoyable evening while saying that they would eagerly wait to come back to the institute for a ten year reunion. The Alumni then parted ways hoping to see each other soon.

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Dewang Meheta National Education Awards

Heartiest Congratulations to our students Deepesh Jethwani for securing 7th rank and Naila Kazi for securing 8th rank (2nd Runners-up in Female category) in the 'Best Student in Management Contest' at the prestigious 23rd Dewang Mehta National Education Awards, 2015 held in association with Hindustan Unilever Limited.

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Alumni Recognition - Mr Ravindra Datar

Heartiest Congratulations to Mr. Ravindra Datar, an alumnus of the 1996 batch, for being recognized among the Most Influential Marketing Leaders by World Marketing Congress in Mumbai on 28th November, 2015.

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Cross Cultural Program at Sydenham Institute

SIMSREE was proud to host Dr Hansang Lee and his students from Youngsan University, India Business Department from Korea, Busan. Lee and his team were on a visit to our institute as a part of cross cultural program. They had come to gain knowledge regarding the Indian work culture and career prospects in India. Dr. R.K.Srivastava Co-ordinated with them as our internal faculty. The team also got to interact with the students and other faculty members of our institute. We were pleased to engage them in our culture by introducing them to the " Dandiya Night" held in our campus.

                                  

They were pleased to have interacted with the students of our institute and looked forward to visit SIMSREE again.

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Mindz’15 : Analyze, Strategize, Ideate

Sydenham Institute of Management Studies, Research and Entrepreneurship Education successfully organized Mindz’15, a first of its kind strategy competition in association with JLT India Limited. This was the second year into the association and the competition was held in October-November 2015 and was co-ordinated by the Corporate Relations Committee. The first and second rounds were held from 1^st October,2015 to 9^th October,2015. The finale was held at the JLTI office on 5th November, 2015.

Mindz’15 was an inter college event, that tested the statistical, strategic and analytical skills of the participants. This provided an opportunity to the students to prove their mettle against the best and most innovative B-Schools. The unique format of the competition enabled students to experience an ideal corporate interface like never before. Also, it was a first hand learning experience as they teamed up with people already working in the industry.

The competition consisted of 3 rounds:-

Round 1 - Online quiz: An online quiz consisting of 30 questions to be answered in 30 minutes. The top 3 teams from each college proceeded to the next round.

Round 2 - “Peril-O-Scope”: An online simulation strategy game to be played by the qualified teams. The top 6 teams will qualified to the next round.

Round 3 - Case Study: A Case Study presentation to the top management of JLT India Limited. In this round each team collaborated with one team from JLT itself. Each team was assigned a mentor from the Senior Managers, Heads or Directors of JLTI for the case study.

Participation:

Mindz’15 saw a total participation of over 800 individuals. Entry into the event was by invitation only. A total of 8 prestigious b-schools had been invited to this competition. 

·         Sydenham Institute of Management Studies, Research and Entrepreneurship Education (SIMSREE)

·         Indian School of Business, Hyderabad (ISB)

·         Narsee Monjee Institute of Management Studies (NMIMS)

·         National Institute of Industrial Engineering (NITIE)

·         K. J. Somaiya Institute of Management Studies and Research (SIMSR)

·         Symbiosis Institute of Business Management, Pune (SIBM)

·         Shailesh J. Mehta School of Management, IIT Bombay (SJMSOM)

·         Symbiosis Centre for Management and Human Resource Development (SCMHRD)

This competition in itself was unique in the following terms:

·         The online simulation game was played concurrently by the participants and JLTI employees

·         Teams from b-schools which qualified from round 2 were merged with those qualifying from JLTI for round 3 i.e. the case study presentation

·         These teams were assigned a mentor each, who guided them through the case study round

·         The teams had to present the case study to senior JLTI management and their global counterparts for the final round

Prizes:

·         Rs. 75,000/- for the winning team

·         Rs. 40,000/- for the runner up

·         Rs. 10,000/- for the Most Impressive Student

The Finale:

The Final round of Mindz’15- the case study presentation was held on 5^h November, 2015, at JLTI, Mumbai. The top 6 teams qualifying from the second round (Periloscope), both from B-schools and JLTI were given primary topics to present on. Their presentation and ideas were judged by a panel comprising the JLTI management and their esteemed global counterparts. Mr Puneet Stayawadi, CEO JLT India was one of the members on the panel. Every presentation was followed by a comprehensive Q&A round. The contestants were judged on the quality of insights and research on the topic chosen, team work, presentation quality and responses to the questions asked by the panel.

Team 'SimQuest' from SIMSREE won the JLTI Mindz'15 competition after a splendid performance.  
Team 'The Winning Brew' from SIMSR won the runners-up award.

Sanandan Deshpande from the winning team also won the 'Most Impressive Student' award.

 The members of the winning team from SIMSREE were praised for their leadership qualities and the poise shown by them throughout the presentation and the subsequent Q&A round.

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The Corporate Connect - Mr. Sachin Shilavat

Corporate Relations Committee, SIMSREE organized a Corporate Connect session on 31^st October with Mr. Sachin Shilavat. Mr Shilavat is currently Head-Motor and Automotive alliances at Reliance General Insurance Company Ltd with a vast experience of more than 15 years in General Insurance(Retail & Bancassurance), FMCG- Retail/ Institutional sales, Insurance- Retail, Alternate Channels, Direct channels, Channel management, Automotive Alliances.

Mr Shilavat spoke on the evolution of the insurance industry from the time when customers had to wait in long queues for an insurance to the current where getting an insurance takes only a few minutes. The insurance industry, like any other, has grown massively with the entrance of many private players into the picture as oppose to the presence of only government institutions initially. He emphasized that only product innovation and technology can prove to be a differentiating factor when there are so many companies targeting the same customer base and with an increased level of awareness about the different products among the customers. Although the government is trying to encourage people to get automotive insurance, a lot more needs to be implemented in terms of execution of regulations  in order for people in general to understand the importance and necessity of having an insurance. Till then the companies will find it difficult to reach to a wider base of customers especially in reaching the two wheeler vehicle insurance customers in rural areas. Any other effort by any company in increasing the awareness about insurance product would be seen as a strategic move to enhance product sales. He also spoke about his professional journey in the varied industries and his learning from them. He concluded by stating that a marketing personnel needs to show ownership of the business he/she is selling and take complete responsibility for the job.

The session provided students valuable insights in the insurance marketing sector. We would like to thank sir for his valuable time and knowledge sharing with our students.

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Coffee with Alumni Mr. Manish Daswani

On 26^th October, 2015, we were privileged to have an interaction with Manish Daswani, an alumnus of the 2003 batch, for an engaging session over a cup of coffee. The venue for the session was the swanky Bank of America office at Nariman Point in Mumbai. Manish, a payments & cash management professional is currently working as Director, Commercial Cards in the Asia Pacific cards team at Bank of America.

‘Work hard, stay humble and be honest; not just to your work but also to yourself’, was the advice that Manish gave the students before the students asked him about the topics of their interest. Manish explained about his transition from a Marketing graduate at SIMSREE to working as a Banking professional. He emphasized on the fact that every job role does not require one to be an expert in theoretical knowledge. It is equally, if not more important to demonstrate the ability to take ownership and lead by example. He asked the students to focus on developing these softer skills during their tenure at SIMSREE.

Manish then explained the various career options in banking and spoke in detail about corporate banking roles in particular. A healthy discussion followed about thecash management business and the opportunities and threats in the same. Students’ doubts on Mobile Wallets, disruption of banking through fintech, growth of SMEs in India, and the focus of Banks in these areas were cleared by him. Manish also helped the students understand the methods of revenue generation of banks, difference between cash management and treasury, difference between and the importance of Mobile Wallets and Payment Banks and how the introduction of these may affect the Retail Banking sector in the longer term. This was then followed by Manish’s views on digital money, fintech, bitcoin, and contactless cards.

Towards the end, Manish discussed various career options available in the banking sector for students specializing in marketing. He encouraged the students to introspect and to think about their areas of interest and expertise, and to try and establish their careers in an area that they are passionate about. ‘You will probably spend one third of your adult life working– might as well make sure it’s fun’, he concluded.

The Alumni Committee thanks Mr. Manish Daswani for the enriching session and hopes to continue this association. 

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Batch Reunion 2005

A reunion for the 2005 batch was organized by the SIMREE Alumni Committee to celebrate ten glorious years of its graduation on 24th October, 2005. The venue was the college campus, where the alumni relived the magical days of their college life. The meet was graced by the presence of Dr. M.A. Khan, former Director of SIMSREE and by our esteemed professor, Mr. Aashish Pawaskar. The evening began with the alumni touring the college and reminiscing their days together. They spoke of the changes that have taken place in the college since they graduated. The alumni also recounted inspiring stories of their journey after graduating from the college. This was followed by a speech by Dr. M.A. Khan highlighting college affairs and accomplishments around the year. Sir also sent his best wishes to fellow alumni for scaling greater heights and bringing glory to their lives and the institution.

Mr. Pawaskar requested the alumni to contribute to various college activities, in any manner they could; may it be monetary or otherwise. We also witnessed an interactive discussion with our alumni on ways to reinforce the purpose of alumni meets and suggestions to further strengthen alumni engagement.

Informal discussions followed after a cake-cutting ceremony to celebrate the occasion. Brief photography sessions for the gathered crowd culminated the evening. Delicious food and beverages were served after the session and the alumni had freewheeling discussions with the representatives of the present batch. Mr. Shailendra Jahagirdar, an alumnus from the 2005 batch, concluded the event by congratulating the Alumni Committee for the lovely evening and their unrelenting assistance in making this reunion of the 2005 batch successful evening.

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Coffee with Alumni Mr.Vernon Fernandes

On the 26^th of September, the Alumni Committee welcomed Mr. Vernon Fernandes, an alumnus of the 2014 batch, for a Coffee with Alumni session to address a few students of the junior batch. Mr. Fernandes is an Assistant Manager in the Corporate and Investment Banking Team at Citicorp Services India Ltd. He has experience in the Equity Research markets, Portfolio Management, and Investment Banking sectors and has also been associated with the Abu Dhabi Commercial Bank, NVS Brokerage Pvt. Ltd. and CRISIL.

The session started with the students introducing themselves and sharing their memorable moments at SIMSREE. Mr. Fernandes then introduced himself as an avid investor and spoke about the prestigious Dewang Mehta National Award that he had won during his college days. He gave a thorough description of the opportunities in the financial sector which include Retail Banking, Commercial Banking, Investment Banking, Corporate Banking, etc. Mr. Fernandes then shared a detailed account of a career in different segments like Insurance, where one could opt for Sales or Actuarial Sciences; Asset Management, where people are spoilt for choices between Equity Research and Mutual Fund; Alternative Asset Management, where portfolios like Real Estate Investment or Private Equity are the best choices. The students were also briefed about the types of trading. While sharing the experience of his transition from back end to front end office in investment banking, he stated that the passion to work is of paramount significance in a profile like investment banking which involves strenuous working hours. Students were also given tips to crack their interviews by engaging in crisp replies as expected by any interviewer. A simple lesson of ‘Make an offer that the interviewer cannot refuse’ was what Mr. Fernandes insisted upon, as an interviewee is always judged relatively with the other competitors. The students were encouraged to participate in various competitions which would eventually help them in developing their personality to pave their way to the top. Students were advised to avoid looking at the materialistic aspects of the job during selection as job satisfaction and happiness matters in the long run. Inspiring the students with real life examples, he encouraged them to never feel dejected or give up as hard work is the key to success.

We thank Mr. Vernon Fernandes for taking time out of his busy schedule to visit the campus and sharing his valuable insights.

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Guest Lecture by Ms. Shraddha Khare

In today’s information age, the telecommunication industry has a vital role to play. Considered as the backbone of industrial and economic development, the industry has been aiding delivery of voice and data services at rapidly increasing speeds, and thus, has been revolutionizing human communication. With this, on 30^th September, the Alumni Committee welcomed Ms. Shraddha Khare. Mam, an alumna of the 1994 batch, is the General Manager-Prepaid Operations at Idea Cellular. With over 12 years of experience in the telecom sector, the session revolved around the Telecom Industry: The Enabler of India's Digital Revolution.             

                       

The students were enlightened about the evolution of the telecom industry from 1G to 4G, and possibly 5G in the future. The students also learned about the action that the industry will witness as the players as well as the subscribers gear up for 4G launch in India. The students were awestruck on learning about the facts and figures about the number of telecom users not only in India but also around the world. A proper distribution chart helped everyone gain insights on the reasons behind the growing need for broadband and the leading operators in the world. ‘Adaptation of the new technology is always a challenge, but customers are demanding. So if you as an operator are able to satisfy the customers’ demands, then you have the customers’ loyalty’, was the advice that would help  each person intending to enter the telecom world. Knowledge transfer on the evolution of the telecom industry in India, the importance of having mobile standards, contribution of the telecom sector to India’s GDP, India’s vision in 2020, eKranti, Internet of things, Payment banking, M2M opportunities, and the role of regulator in the telecom industry, were the highlights of the session. The batch’s doubts about Net Neutrality, National Telecom Policy (NTP 2012), tariff deciding factors, 4G, etc. were cleared to everyone’s content.

The session ended on a high note about the possible positive growth expected in the telecom industry with the current ‘Digital India’ project. We thank Ms. Shraddha Khare for enlightening the batch and sharing her valuable time and thoughts.

                                                                 

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Guest Lecture by Mr. Sachin Khandelwal

On 20th of August, 2015, Mr. Sachin Khandelwal, an alumnus of the 1992 batch, was welcomed by the Alumni Committee on campus for a guest lecture to address the junior batch. Mr. Sachin Khandelwal has over two decades of experience in the finance and banking industries and is currently the CEO and MD of Magma Housing Finance and Chief Sales Officer at Magma Fincorp.

Mr. Khandelwal started the lecture by stating the value of management education. Sir, then, opened the floor to questions and students came up with a variety of questions ranging from general questions related to the syllabus and specialisations to specific questions about the finance industry. Mr. Khandelwal answered all of the students’ questions with ease and poise.

Mr. Khandelwal spoke about the causes of financial crises and the importance of sticking to the basics. Sir then emphasised on the value of inter-personal relationships. Sir also mentioned the changing world order and the importance of regulations. Sir spoke about the need to understand every discipline of management as every job requires an interplay of various management disciplines. Sir then underscored the need to know oneself well and encouraged each student to align current opportunities with their dreams. Sir urged students to innovate and watch out for competing products from related industries.

Mr. Khandelwal explained to the students the need to work hard and look for projects that are related to their field of interest to gain experience. Sir stressed on the significance of following one’s passion with conviction. Sir emphasised on the importance of managing people and time, and maintaining a healthy work-life balance.

The batch enjoyed the lecture and was encouraged by Mr. Khandelwal to introspect regularly and to follow their passion. We thank Mr. Khandelwal for visiting the campus and sharing his valuable insights with the batch.

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Book Donation Drive

The Student Social Responsibility (SSR) in collaboration with Sydenham Management Review Committee organized a Book Donation drive on the 15th of October 2015 on the eve of the 84^th birth anniversary of Former President of India, Dr. APJ Abdul Kalam which was celebrated throughout the state as ‘Vaachan Prerna Diwas’. The objective of the drive was to encourage the culture of extra-curricular reading in children from diverse backgrounds. The event was in sync with the state government’s policy to observe a day of remembrance for Dr. Kalam.

On this August occasion more than 150 books comprising of various genres were provided to 15 students who are presently part of the ‘Lakshya’ initiative started by SIMSREE. ‘Lakshya’ is an initiative wherein the students of SIMSREE are actively involved in educating the children of a local night shelter ’Sparc’ with the ‘Lakshya’ of enabling them to develop a strong foundation for the bright and promising future that awaits them. This is being implemented from July 2015 at SIMSREE.

  

Along with books the students were enlightened with precious words of advice by Mr. Kailash, the coordinator of ’Sparc’. Prof. Agnelo Menezes, Principal of St. Xaviers College was also a part of the event. The children were also addressed by the faculty members of SIMSREE.

 As a whole, the drive acted as a very good introduction for the students to the world of reading.

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Guest Lecture by Mr. Sudio Sudarsan

SIMSREE had the pleasure of inviting Mr. Sudio Sudarsan as a guest for delivering a lecture on 'Unmasking Human Behavior'. He is a Professor of Marketing at Hult International Business School, San Francisco, U.S.A. He is also the Director of Brand Reality and Strategy at 11^N (11PowerN).

He shared his insights on values, perception and identity with in-depth dissemination of knowledge about understanding of human behavior and its importance in branding through various aspects like neurobiology, anthropology and psychology.

With his impeccable sense of humor and vibrant personality, he enthralled the students.

It was an honor having such an esteemed guest on our campus.

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The Corporate Connect - Mr Mohandas Menon

On 19^th of August, 2015, the Corporate Relations Committee of SIMSREE organized a corporate connect session wherein ten students got a chance to interact with Mr.​Mohandas Menon, Director & Commercial Head - CLC & Head Automotive Sector, Hellmann Worldwide Logistics India Pvt. Ltd at Sydenham Institute of Management Studies, Research & Entrepreneurship Education (SIMSREE) campus. Mr. Mohandas Menon is an expert in Supply Chain Management with over 28 years of experience working for companies like Exel, NYK Logistics, and Future Supply Chain Solutions and has held various domestic and international positions.

Sir spoke about his journey and shared some of his experiences over the years.The session started with discussion on JIT sequencing techniques in the automotive industry and its impact on supply chain and delivery. Mr Menon stated that the current market is not a supply chain but rather is a demand chain. He stressed on the fact that a good operations manager should have inventory management on his/her fingertips.

Mr. Menon answered questions on the impact of the proposed GST bill on operations delivery. He spoke about how GST will make VAT, service tax, octroi etc. disappear and thereby affect multiple processes from procurement to delivery. Sir stated that due to GST implementation the cost to market focus of supply chain will switch to time to market focus to increase efficiency.

The interactive session helped students in gaining an insight into the world of supply chain management and delivery. Mr. Menon also discussed the differences in supply chain between Indian and foreign markets with specific examples related to delivery. He stated that India still lags behind in terms of proper infrastructure required for efficient operations but was optimistic about future growth. He also discussed the effects of globalisation on operations management.

It was a very fruitful session for the students who got an opportunity to interact with him. We thank sir for his time and invaluable inputs.

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Guest Lecture by Ms. Padmini Misra

The Corporate Relations Committee, SIMSREE was honoured to have Ms. Padmini Misra as a guest lecturer on the campus on 9^th Oct, 2015. Ma’am is Chief People Officer & Global Head-HR, Cox & Kings (India) Ltd and has over 32 years of work experience in Hospitality, ITES, Retail & Travel industry including leadership positions for global corporations in the Service industry.

The session began with Ms. Padmini Misra sharing her valuable thoughts about the corporate industry and the expectations it has from new joiners. Ma’am gave a holistic view about the corporate world. She stated that the corporate world is strong, powerful and always hungry like a shark. Ma’am also gave an insight into the expectations harboured by the corporate world especially for new joiners.

She said that the corporate industry wants new comers who are solution oriented and have the ability to work well in teams. In addition to these she also stated that new comers will need people management skills and respect for the team members. Ms. Padmini Misra advised the students to trust their own abilities and to be their real self when faced with corporate challenges.

Ma’am also shared valuable insights related to travelling industry with the students. She stated that travelling industry is 80% “Desire” and 20% “Business”. It is a highly volatile industry with lots of ups and downs. A single media statement about a particular country can hamper the travel industry significantly. She gave various examples pertaining to India as a travel destination and how concerns regarding women-safety is hampering the travel industry.

The session provided students with valuable insights of the corporate world and travel industry in India. We would like to thank Ms. Padmini Misra for taking out her valuable time to enlighten students about the various aspects of corporate industry.

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Blood Donation Camp at SIMSREE

                       

Student Social Responsibility Committee of Sydenham Institute of Management Studies, Research and Entrepreneurship Education ( SIMSREE ) in collaboration with Tata Memorial Hospital, Lions Club, Juhu successfully organized blood donation drive on 1st September, 2015 . A total of 80 students and staff members participated in the event. The students and the staff members showed enthusiasm and were satisfied by their efforts in contributing towards the society.

                                     

SIMSREE and Tata Memorial Hospital have continued their relationship and this year also contributed together in spreading awareness among the students about blood donation. Students who donated blood could also go to Tata Memorial Hospital and obtain a thorough report which would be provided by the hospital free of cost.

                                   

Each blood donor was thanked and given a token of appreciation for his/her contribution. Also, it was ensured that the blood donors received their donor cards for their efforts. All in all, the event was a great success.

                                   

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MUNIJAN 2015

The University of Mumbai, on the occasion of Gandhi Jayanti organized the event – Mumbai University New Initiative Joint Action Now (MUNIJAN) in Mumbai. The objective of this initiative is to bring about positive changes in society by involving students in a series of constructive and socially responsible activities. MUNIJAN rests on the belief that effective transformation in society can be achieved through collective efforts to inspire, support and serve consciously.

This initiative, which began in 2010, provides an avenue for future leaders from management institutes to innovate sustainable solutions for social issues that plague the nation. It will help in shaping the students not only as leaders of tomorrow but also as globally responsible citizens.

The theme for MUNIJAN 2015 was –“SENSITIZING SANITATION”. The Prime Minister of our country, Shri Narendra Modi has requested the nation to maintain cleanliness and ensure “Swacch Bharat” and the theme was an attempt to ensure the students are aligned to the vision.
                                                  
SIMSREE SSR committee was part of the organizing committee for MUNIJAN 2015 and collaborated with other colleges and ensured that a successful event was conducted which inspired all the people present in their efforts to work for improvements in the society.

MUNIJAN received an overwhelming response this year as students from colleges across Maharashtra participated. For the grand finale, 10 teams were shortlisted from which 1 was representing SIMSREE. All the teams came up with innovative idea and were deservedly applauded by judges and audience alike. The chief guest for the event was Mr. Bharat Nadkarni, Former Corporate Sustainability Head, Tata Power.

The event concluded with the speech of Honorable Vice Chancellor, University of Mumbai, Dr. Sanjay Deshmukh who appreciated innovation and creativity of all the teams. He also acknowledged the efforts put by organizing committee in carrying out the event successfully without any obstacles.

MUNIJAN will go a long way in shaping the future of the society by bringing innovative ideas which will positively change the society.

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