Monday, August 4, 2014

Mrs Sangeeta Pandit addressing new batch of 2014-16

Director ma'am, faculty colleagues and my dear students,

At the outset, a warm welcome to the batch of 2014-16. Hearty congratulations on getting admission in this esteemed institution.  Your seniors in this orientation period will familiarize you with the culture and ethos of Sydenham Institute of Management.

These 2 years are going to be quite rigorous. You need to attend lectures, make presentations, prepare reports, become part of committees, get sponsorship, participate in competitions, organize events etc .
Your seniors have given you the legacy of Simerations, Simergence, Fiscus, Literathon, Sankalp, SMR and various other gems. You need to retain their glow, further polish them, and perhaps reset them to be aligned to today’s happenings.

Finance is all about balance. For instance, too much of a cash balance means idle cash, dead asset not earning any return, but too little cash would stop the wheels of your very business, one needs the optimum cash balance. Similarly, too much of raw materials stock is unnecessarily locking your cash, not earning anything, risk of the stock getting spoilt or getting obsolete. Too little stock could halt production; lose opportunity to meet unexpected demand. One needs to strike a balance and have the optimum stock.

Likewise, in your 2 years here, you will learn the life skill of striking a balance. You need to bond and make friends that are everlasting but still compete with them to top the class. Sit down together and prepare as one but compete for the same job. Sydenham Management Institute will provide you with the foundation to build on this as well as other skills required to succeed in the business world.

We will introduce you to the complexities of Finance, Marketing, HR and Operations.  However, I also urge you to pick up leadership skills, team spirit, communication skills and acquire strengths that will help you excel in whatever you do.

I exhort each of you to passionately contribute to your institute, for you will get back far more than what you give.

Your time here will be a journey. As your professor, I can say that in the process of teaching you, I will be learning a lot from you. I hope you take this opportunity to learn from the esteemed faculty of this institution, we have a galaxy of experts from the Industry coming as visiting faculty, also from your very capable peers and make the most of this academic atmosphere. At the end of 2 years, I am confident that you will be glad you had joined this Institute and will be equipped to take on the challenges of your chosen profession. God bless you and bless our Institute.

Thank you.

Mrs. Sangeeta Pandit,
Head of Department, Finance
Sydenham Institute of Management Studies, Research and Entrepreneurship Education
(SIMSREE)


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