Reminiscence...

Reminiscence'2010

Those pretty college days
That dwell for ever
In our heart, they make a mark
Those encrusted old photos
With frayed edges
Capturing a moment of life time
Parting forms a part of the life
We loose trail of our fellow classmates
As time passes the images get blurred
The familiar names become alien
But sometimes some events take you to the past
Those names start ringing a bell
We unexpectedly come in contact with our classmates
A moment of joy, a boon for life
We start living those moments again
It is a reunion of old pals….

The Department of Business Economics cordially invites its alumni for the 37th Annual Alumni Meet - Reminiscence 2010.

Date: August 21, 2010 (New Delhi)

August 28, 2010 (Mumbai)

Venue: Vatika Banquet Hall, Pragati Maidan, New Delhi (New Delhi)

(Mumbai)

Time: 1900 - 2300 hours

We look forward to seeing you there!

Genesis...the first stride

Genesis…the first stride

Build your Brand, Build your Business

The biggest challenge faced by businesses today is that of gaining a sustainable competitive advantage in a crowded marketplace. To achieve this, each firm needs to make the most of its under-utilized asset – its BRAND.

The management of a firm must develop a strategy to move in this direction. It must find out ways to distinguish itself from its competitors in a way that is meaningful to the potential clients. A brand promise can be made simply by saying, “We will be easy to work with”. However, the tougher part is to deliver on the promise the firm has made.

A brand goes beyond being just an attractive logo, a catchy slogan, a trade name or a website. A firm’s brand touches all aspects of a business from market awareness to its reputation. A brand is the way in which a customer perceives and experiences a product, service or company.

A brand makes it easier for the firm to attract customers. They can easily recognize a firm’s products and services through the brand, which increases loyalty and hence, increases business. A brand also sets standards for the firm itself. The expectations of the consumers enhances due to brand building, and the firm, in order to survive, needs to provide that level of service as is expected by the consumer. In other words, a firm needs to achieve the consumer expectations set by it in order to be successful.

Maintaining a large and loyal customer base, however, is not the only impetus behind building a brand. A correctly framed and positioned brand pulls the right kind of talent to the firm. With the right kind of talent, the firm has manifold chances of being successful, as compared to a firm having not quite the required talent pool. Thus, the message sent out by a brand plays a huge role in the way potential recruits see the firm, its vision, values and culture, and has the power of attracting the best of the lot.

And, the importance of branding doesn’t end here. Whether a firm is launching a new product, revamping its strategy, entering new markets or collaborating with another firm, a brand’s role in all these situations is unequivocal.

Like all other coins, the coin of branding also has a flipside. Branding, though highly advantageous, has a plethora of challenges associated with it too. For one, building a brand involves huge costs. Building a powerful brand is of paramount importance and requires huge market research and analysis so that the brand reflects just the right message. Living up to the standard set by the brand is also an uphill task for firms. Finally, the brand must be consistent with the firm’s core vision.

Branding is, thus, a desirable as well as a challenging part of building businesses. Without question, brand building is critical for the success of a firm. After all, a brand is a promise to your customers – no business can afford to go wrong with that!

Hello Guys,
We welcome all freshers to the MBE fraternity

Joint Entrance of MBE and MFC

The forms would be out from 25th Jan'10.And the exam is on 21th March'10.

For more details,keep a watch on this space or the website mbe-du.org :)

Aal izz well :)

convention.mbe-du.org

XXXVI Annual Convention - 2009

Established in 1973, Department of Business Economics is one of the leading centres of excellence in Management Education and Business Research. Master of Business Economics, the flagship course of the department is designed on the lines of a similar programme offered by the Harvard Business School.



The Annual Convention is a highlight of the Department’s activity calendar. It provides a platform for interaction between industry and academia with distinguished industrialists, policy makers, professionals and academicians putting forth their views.

The annual publication “The Business Economist” is also launched on the day of the Convention. It is a compilation of research papers and articles pertinent to the theme of the convention. The journal is circulated among a large number of business houses, professionals, academicians, business schools and eminent personalities.

The XXXVI Annual Convention will be held on 29th September 2009 at Hotel Le Meridian, New Delhi from 9 A.M. to 6 P.M.

The theme is “India 2020: Shaping a Brighter & Safer Future”. The day is divided into four sessions namely:

• Future of Government Policies & Private Sector Participation

• Redefining Business Practices: A Step towards Financial Stabilization

• New Age Marketing Strategies: Targeting the Reluctant Consumer

• Actionable Analytics: Future Scope from Management Perspective

These sessions will cover issues across fields as diverse as policymaking, finance, marketing and analytics. The speakers will analyse the future of Indian economy and business in the context of these particular areas.

The speakers who have confirmed their presence till now are:

• Mr. Atul Sharma, Vice President, Exchange4Media Group
• Mr. Harshwardan Varshney, Senior Vice President, Indiabulls Securities
• Mr. Sunder Muthuraman, Managing Partner, Meritus Analytics
• Mr. Abhijit Das, Chief Trade Officer, UNCTAD
• Dr. Lalit B. Singhal, Director General, Export Promotion Council - EOU & SEZ
• Mr. Bhavya Sehgal, Assistant Vice-President, Evalueserve
• Dr. Hemant Chadha, Financial Expert, Ministry of Finance (DEA)


The XXXV Annual Convention (2008) was held on 29th and 30th September, 2008. The theme for the same was “Leveraging Global Change: Managing Turbulence in Indian Economy”



Some of the speakers were:

• Mr. Arvind Virmani, Chief Economic Advisor, Ministry of Finance
• Mr. Anil Bisen, Director, Planning Commission
• Dr. Renu Kohli, Senior Economist, IMF
• Mr. Raman Uberoi , Director, CRISIL
• Mr. Samiran Chakraborty, Chief Economist, ICICI Bank
• Mr. Ramesh Krishnan, Supply-Chain Head, Pantaloons
• Mr. Prasad Narasimhan, Chief Marketing Officer, Virgin Mobile
• Mr. Rahul Bhalla, Vice President, IBM

XXXVI Annual Convention - 2009

India 2020: Shaping a Brighter and Safer Future

The annual convention is the main event of MBE that encounters rich knowledge sharing from people from industry and excellent academic background. The purpose of this is to review current business issues and examine them in details.

The last year Convention was held at Indian Habitat Centre and the theme was “Leveraging Global Change-Managing turbulence in Indian Economy”. This event witnessed the presence of Mr Arvinder Singh Lovely,Minister of Education, Tourism and Arts,Delhi.The keynote speaker was Dr.Arvind Virmani,Chief Economic Advisor,Ministry of Finance.

As this year is going through the phase of recovering from the global financial meltdown, the theme of this year convention is “India 2020-Shaping a brighter and safer future”. This is to concentrate on each sector of the Indian industries and focus about the futuristic development of the economy. This calls for formulating the strategies and policies weighing the risk factor and other aspects for the betterment of India.
Through this meeting, we intend to put forward the approach to improvise the condition within the coming years in the field of finance, analytics and marketing.
This year’s convention is to be show up on 29th September, 2009 at Hotel Le Meridien from 9 am to 6pm.The honored chief guest of this ceremony is Professor Arjun Sengupta, member of Parliament,Rajya Sabha.
Hereby, I invite you to the XXXVI Annual Convention – 2009 and encounter the words of wisdom of the following speakers-
Mr. Nagesh Pydah, Executive Director, PNB

Mr. Sunder Muthuraman, Managing Partner, Meritus Analytics

Mr. Harshwardan Varshney, Senior Vice President, Indiabulls Securities

Mr. Atul Sharma, Associate Publisher and Vice President , Exchange4media group

Mr. Bhavya Sehgal, Assistant Vice-President, Evalueserve

Mr. Abhijit Das, Chief Trade Officer, UNCTAD

Mr. Lalit B. Singhal, Director General, Export Promotion Council - EOU & SEZ

Ms. Anamika Sohira, Brand Manager, KitKat (Nestle)

Mr. Hemant Chadha, Financial Expert, Ministry of Finance (DEA)

Mr. Ashish Kapur, CEO, InvestShoppe


Ms. Nicola Doidge, General Manager - India, Dunnhumby Ltd.

Mr. Ramakrishnan M, Assistant Vice-President, Evalueserve

Ms.Swati Arora,Financial Controller,British Airways



Visit- http://convention.mbe-du.org/

Finomena'09 The Annual Finance Conclave on 19th sep

Finomena is the Annual Finance Conclave of Department of Business Economics organised by Blue Chips- The Finance Club, of Master of Business Economics, University of Delhi. The objective is to invite top Corporate Heads for sharing their views and ideas on the current financial issues facing the world in general and the Indian economy in particular.
Finomena’08 was based on the theme” Financial Tsunami: The Domino Effect” and had distinguished speakers like:

Mr. Sunil Goyal (CEO Bharti Teletech)
Mr. Manoj Vohra(India Director, Economist Intelligence Unit)
Mr. Tushar Pandey (India Head, Strategic Initiatives, Yes Bank)
Mr. Jaswinder Singh Bakshi (VP, Infrastructure Finance, Tata Capital)

This year’s theme is “Financial conclave - a discussion on current investment verticals” and have following dignitaries’:
For session 1:

Mr. Pranav Haldea-(Director,Prime Database)
Mr .Sandeep Nautiyal-(North and East India Head UTI Mutual Fund)
Mr. R.hariharan-(VP-ICICI primary dealership)
For session 2:

Mr. M Maheswari-(CFO Bajaj Hindusthan)
Mr. Arvind Garg-(MD Walnut Finance)
Mr. Rakesh Singhal-(DGM SBI )

There will be a Quick Finance Quiz in association with MBAUniverse
Attractive prizes to be won




Event Details:

Date: 19th September, 2009

Time: 10am – 4pm (check)

Venue: S.P. Jain Auditorium, South Campus
Registration Details: For more information and details please contact any of the below.

Guneet : 9873755909

Yashi : 9711709779

Neha : 9871238108

Mayank : 9968065336









Event Sponsors: Finomena is sponsored by Lotto







Our Online media partner is Coolavenues.com








The Official Management Portal is MBAUniverse.com









The Education Partner is Pagalguy.com





Note: All Participants will get a certificate of participation and there is a nominal fee of Rs.100 for attending the conclave.

We'll miss you...

First Day in new life of MBE

Finally D day dawned and I woke up to remember the questions whose answers I had to get today the orientation was to begin at 11 am and I reached by 10:15 as if my friends(who accompanied me) and I were to get early bird prize.We explored the campus and saw some of our batchmates No sign of seniors I thought I would be welcomed by seniors by garlands and rose water

Then the students assembled in a assigned room where all the faculty members gave us brief intros and welcomed us..After that,a break for snacks and tea/coffee This break was used for exploring the campus and of course the famous Bamboo canteen

Our seniors had a rocking time asking us to do this that..Ragging is not the right word for me atleast had to show some attitude to a guy who had to tease me there was rakhi ka sawyamvar,dance performance,samba act etc..I had a good time laughing through out all the performances even at mine because that guy asked me for TZP
Some gyaan about groups and clubs was given by seniors and some more masti
The session had a bad ending
a)Formals to be worn till orientation is on
b) Speech on career goals on friday..I still don't know mine
c)Business plan PPT What is that God help me

That's all for the day 16th July 2009 ..keep watching this space for more updates

The Final Admission Result is out!

Click here for the List

http://www.mbe-du.org/mbedocument/Finalresult09.pdf

Welcome Batch 2009-11!!

Finomena - The Finance Summit

It is a matter of great pride for all of us at MBE that Finomena has turned out to be a grand success!! The Topic of the Summit was what all in India would like to have an answer for "Financial tsunami :The Domino Effect". And therefore we selected speakers who could give us different views on the topic. The 3 hour long session made sure that we had at the end of the session a good bit idea about the answer. The tireless hard work of MBEites was duly paid by the Excellent Speakers and an engaging experience. 

It's Magic!!

Published in Coolavenues

I say I swish my wand, call out ‘wingardium leviosa’, at your hat and cause it to hover in mid- air. Well that’s classic magic for all potter heads to believe and may I confess that officially I am a committed potter head myself. Or say you feel like eating chocolate fudge late night and the delivery boy drops one at your doorstep by mistake. You can take it as a lucky coincidence, or a wish of the moment granted, or perhaps a little bit of both. Or say you had a dream about a friends visit and the next morning you know the very person drops in for a hello!! So what’s your interpretation of the event- an intuition? , a premonition? , or was their something more to it???. When you want something, wanna have something, wanna see somebody, or achieve something, the entire universe conspires to grant you your wish. Sounds familiar??? This pearl of wisdom is dropped from Paulo Coelho and the Guru goes on to tell us that there are omens strewn across our path, we only need to recognize them and realize their significance. After all everything happens for a reason and there is always a good reason behind it.

Magic may be a simple five letter word, with two vowels and three consonants, but means different things to different people, has varied interpretations and conjures up myriad of images and allusions. When a mother holds her baby for the first time, the moment is magical for her. When you return home after a bad day at office, a simple reassuring smile from your partner can work magic. A guys first date is magical and so is every girls Cinderella night. The belief in the existence of the greater power, the omni potent and the omni present Almighty God only implies the existence of something else, which can be paraphrased as ‘good things happening to good people’.

For me magic is love, and love is the greatest magic, the supreme philosophy, the truth stripped to its bare minimum, the life giving force which cradles this planet through sunrise and sunset. The fact that this earth is but an imperfect sphere, hanging mid-air is magic- a thread which runs deep through this creation, its existence and its truth. There is nothing sub or super about it. Everyday we sleep, we get up, we breathe, we eat, we drink and we procreate because that’s the magical law of nature- as natural as can be, as obvious as it seems, and yet continue to mystify and baffle generations. Guess simplicity does leaves one stump!!!!!!

Looking Back...

Looking back, over my shoulders 

I see pages flipping with the breeze 

I see pictures smiling and peeping through those pages 

As I sit to contemplate my learnings over the ages 

Sweeping breeze.. sweeping me in its embrace 

Embracing the scrawls of my life 

Those scribbled mornings, noons and nights 

And as I flip through my chaptered days 

I chance upon my MBE phase 

Those lecture rooms and endless hours 

Hushed whispers synchronized with frequency bars 

That pleasured talking as professor teaches 

Lost pleasure, when the lecture finishes 

Are woven deep into my learning curve 

Forever framed, forever preserved 

That coffee smell... still lingers on, refusing to be contained in its cup 

Brewing pure longing in my nostalgic pub 

That ten bucks which I still owe to my mate 

Is safely secured in my pocket, till date 

Reminding me of those good old days 

Those reckless spendings and our careless ways 

That early morning rush for the lecture at nine 

And being shown the doors for not making on time 

That comforting hug, that laugh, occasional sniffs and the gossips too 

All form a part of the package, without which I could never do 

Those essential lessons of loss and win, since I bid adieu 

Are etched safe in my skin aiding me scale heights anew 

My failings and feats, highs and lows 

Are well-chronicled in those long travelled roads 

And I know, that the blue gates which welcomed me every morning 

Still wait to creek a welcome 

That familiar lane of Benito Juarez, still calls me for a ride 

Pulling me towards itself to the comfort zone of my campus life.

Published on Coolavenues

Change in placement strategies by DU departments

AT a time when students across disciplines are worried about their placements due to the economic slowdown, it is intriguing to know what students pursuing courses in finance, the worst hit sector in the slowdown are going through. Ironically though, they are not worried. This is especially true for students of a department of Delhi University (DU) —  department of business economics (DBE). Though the focus of the courses offered by this departments are different, both departments depend heavily on the banking, finance and insurance sector for the final placements. 
     DBE is planning to shift focus towards more academic and research-oriented jobs. Students have been thinking of opting for other areas. DBE offers a two-year postgraduate course called Master’s of business economics. “We equip students on how to apply economic theory into practice. Students from our department usually branch out as business analysts, financial planners, marketing managers, business consultants, stock exchange analysts and now also as journalists,” informed Aradhna Aggarwal, head, DBE. “The advantage of the course offered by our department is that our students specialise in more than one subject. Hence, though it is true that lesser number of finance companies and banks will recruit this time, our students are equipped to pursue other options,” she maintains. According to Aggarwal, students are getting more attracted towards research firms, analysis, academics and marketing. “One interesting shift that we have witnessed is increasing interest in academics, government jobs and PSUs,” she added.

PS: Original Article published in Education Times. Reproduced here for larger interest of public :)

MBE STUDENTS ROCK DU DIWALI FEST'08

Diwali Fest organised by the UDSC student's was a treat for the audience at SP Jain centre in University of Delhi South Campus. The music and dance events held in the event potrayed the multi-dimensional personality of the DU students.         MBE who contributed a big share of the event, stole the show by wonderful performances by its students. It started with a song peformance from the movie Rock on by final student Prabhat Ranjan. He was accompanied by Satyapriyo Das ( I yr student ) on guitar. The audience enjoyed every moment of that rocking performance.        This was followed by the sizzling dance performance by Harshit Chand ( final yr student ) which got immense appreciation from the audience.         Then came the memorable singing performance from MBE first yr student Ankit Dhamani ( Song - Tu Dhoop Hai - Taare Zameen Par ) sending a message that we can achieve whatever we want; the need is to explore the potential in ourselves. He was also accompanied by Satyapriyo on guitar.         The programme was concluded by a Jazz song by Saptarshi Das ( I yr student ) with  Satyapriyo on guitar giving the programme a global touch.

ITC Corporate Communications Chief addresses Delhi University's MBE students on Triple Bottom line approch

Coolavenues.com

News on MBAUniverse.com

News on Pagalguy.com

Indiaedunews

MBE, Department of Business Economics, University of Delhi South Campus organized seminar on 'Towards a sustainable and inclusive future: The Triple Bottom Line Approach" under its MBE Expert Lecture Series which continuously bring eminent personalities from industry, academia and politics to interact with MBE students. 

The speaker for the seminar was Mr Nazeeb Arif, Vice President and Cheif of Corporate Communications, ITC Group. He pressed on the fact that high GDP growth rates were not sustainable in the long run if businesses keep exploiting the natural resources and not replenish them. 

He explained the ITC Model of focussing on the Triple Bottom Line i.e. Economic Environment and Social Growth rather than isolated financial earnings. He discussed in detail how ITC through its various initiatives such as e-choupal and forestry programme for paper production in wasteland areas has been creating value for the society in terms of economic benefit to the rural poor and also ensuring creation of shareholders' wealth. 

He asked students to think and dream beyond the obvious and think about the larger interest of people. With the help of showing examples of ITC way of CSR, he stressed on development of rural india which can be the major market in years to come.

MBE 2009-2010 : Admission Notice Out!!!

Click image to inlarge

Annual Convention Day 2

Department of Business Economics,University of Delhi organizes its Annual Convention, 2008

Highlights Day 2


The second day was titled “The Business Analytics Meet”. The chairperson was Mr. Manish Mittal, VP and Head of Professional Services, MarketRX Cognizant. Mr. Mittal defined analytics as “Trying and understanding what is happening in a business”. He also addressed the core questions of handling the mammoth quantities of available data and making the right decisions based on it. He gave the example of market RX where decisions are made on the basis of technology, analytics and market research. The next speaker was Mr. Raman Uberoi, the Director of CRISIL Ratings. Mr. Uberoi presented his views on Credit Risk Analysis. He defined credit rating as “An opinion on ability and willingness to pay in full and in timely manner all financial obligations”. He explained to the audience the methodology followed by rating agencies and the factors that are taken into account while doing so. He also highlighted the importance of customer diligence. The next presentation was by Mr. Ramesh Krishnan who is the head of Supply-Chain, Pantaloons. He defined supply-chain as “the complete movement of materials and information from the source of procurement to the ultimate consumer”. He explained the various indicators that are used in judging the performance of the supply-chain of any organisation. This was followed by a detailed analysis of the US credit crisis- its origins and implications by Dr. Samiran Chakraborty, Chief Economist, ICICI Bank. He elucidated the complexity of the US financial market and the process of revolving of credit that takes place there which eventually gave way to the current crisis.

The next session dealt with Risk Maangement Strategies. On the chair was Mr. Sanjiv Dobhal, Regional Head-Corporate Business, HDFC ERGO General Insurance. The first presentation was by Mr. Manu Digvijay Singh, Associate Director, Global Markets, Standard Chartered Bank. Mr. enumerated the various sources of risk ad the types of risk that an organisation may face. He also emphasised the importance of being a risk seeker. He also spoke about risk hedging where he mentioned the downside of hedging stating that “if the competiton is not hedged and you are then your hedges go against you”. This was followed by a presentation on Risk Management by Banks by Mr. PK Mitra who is the General Manager, Punjab National Bank. Mr. Mitra spoke at length about the indicatos of risk and volatility and various norms and measures that have been taken to protect the banking system against risks though not undermining the current crisis. He also raised the important question as to why some of the failed Investment banks in the US have been saved by the government while others have not. Next Mr. Subhashis Nath, the Executive Director, Axis Risk Consulting shared with the audience his experience of the risk management strategies of various organisations. At the same time, drawing on Mr. Singh’s point of the inevitability of risks, Mr. Nath commented that “every action, or for that matter inaction creates risk” and that we must “go seek risk, exploit it and convert it into an opportunity”. He also said that it is imperative we get rid of the ideology that risk is negative.



The Annual Convention ’08 is concluded with a workshop cum presentation on role of Biz-Eco Mangers as analysts in Merger and Acquisition. This final session was conducted by Mr. Bratin Biswas, Lead Fixed Income Division of Genpact and his associate Mr. Ranganathan Aiyar.

Before conclusion, Students of MBE, DU Mr. Amit Srivastava and Anmol Soni has got a huge round of applause for their sincerity and timely hard work.

Annual Convention DAY 1

Department of Business Economics,University of Delhi organizes its Annual Convention, 2008

Highlights Day 1

Department of Business Economics, University of Delhi, concluded its 35th Annual Convention. The Convention was a two day long event which provides a valuable platform for interaction between students of Master of Business Economics, the flagship programme of DBE.and the luminaries’ of Iindustry, Apex Research Organisations and Academia. The convention also facilitate eminent personalities of various strata of Commerce & Industry to share their views on the current economic scenario & the role of a Business Analyst.

The theme of this year’s convention is “LEVERAGING GLOBAL CHANGE: MANAGING TURBULENCE IN INDIAN ECONOMY”

On the outset of the event Mr. Arvinder Singh Lovely, minister of state for education, lit the lamp and started the 2 daylong event.
The keynote speaker was Dr. Arvind Virmani, the Chief Economic Advisor in the ministry of Finance. Dr. Virmani addressed the important question of growth and inflation and the effect of ongoing financial crisis in US to India. He also emphasised on the importance of expectation in determining the prices. Professor Dinesh Singh, Director of UDSC also graced the occasion.


Day one started with a panel discussion on the theme Indian Economy : Current trends in a global perspective, The speakers were Prof. Shankar Acharya, Mr. Anil Bisen and Ms. Jyoti jingdar, Dr. Aradhana Agrawal- HOD, Department of Business Economics chaired the discussion. Prf. Acharya began by enumerating the salient points that drive the growth of the economics. He also expressed his concerns over the mounting effects of the global crisis and said that the effects are going to be long lasting. However, he said that, the momentum of the past is still with us. So he was not worried about the economy’s performance this year.
Mr Bisen, Director of the planning commission spoke in details about the subprime credit crisis-its origin and implications. Following this Ms. Jingdar, DGM , SEBI explained how SEBI’s regulatory functions and provided a cushion to the domestic investors. She also expressed the need for investor education and coordination among agencies to avoid such crisis.

The second session was on the theme: Resolution to the price puzzle. Prof. V R Panchmukhi and Dr. Renu Kohli were the eminent panellists. Dr. Kohli, senior Economist, IMF gave a presentation on managing inflation in India. She explained the various structural and cyclical factors and demand and supply issues that have laid to the surge in prices. The core components of inflation being food, fuel and commodities, all three of which have seen in increase in prices. Following this, Prof Panchmukhi spoke about the trade theories and flow of funds from one country to another. The last session of the day dealt with marketing strategies.

Main Sponsor of the event was “Mitsubishi Motors” supported by Reebock. The event has Pagalguy.com and Times Of India as Education Media and Print Media partners.

MBE Annual Convention. Be There or Be Square!!!

Poster creation : Subhashish MBE (Previous)