Valedictory Session of the National Conference on "Economic Revival: Business Perspectives and Opportunities"

"Revive Human Lives and not Economy alone”, Dignitaries at the Valedictory Session of the National Conference on “Economic Revival: Business Perspectives and Opportunities” organized by St Joseph Engineering College

Mangalore, April 30: The National Conference on ‘Economic Revival: Business Perspectives and Opportunities’ organized by the Department of Business Administration, St Joseph Engineering college was successfully completed with the Valedictory Session on 30 April, 2010 at 3.30 pm in the Conference Hall, Mechanical Engineering Block, SJEC.

Dr M.P. Subramanian, Former Dean, Faculty of Commerce, Mangalore University in his Valedictory Address stressed that the underlying causes of economic crisis were the non creation of new wealth, abundance of money in the economy and the mere exchange of money in the economy without the backing of a valued product or service. He illustrated the concept with a practical demonstration well understood and appreciated by all.

Pic: Dr M.P. Subramanian, Former Dean, Faculy of Commerce, Mangalore University, in his Valedictory Address

Dr Jacinta D’Souza, Principal, School of Social Work, Roshni Nilaya, in her Chief Guest’s Address enunciated that revival should not only occur in the economy but also in the lives of human beings. She stated that youth should have the inner strength and resilience to face what life has to offer specially the aftermaths of recession. She commented on the effectiveness of the projects undertaken by the Government for the welfare of the poor. She added that individuals should be empowered to sustain their livelihood, be assertive of their rights, boost their self esteem and build a society of solidarity.

Pic: Dr Jacinta D'Souza, Principal, School of Social Work, Roshni Nilaya, Jeppu, in her Chief Guest's Address

Dr Joseph Gonsalvis, Principal, St Joseph Engineering College, in his Guests of Honour Address, said that the conference evoked interest towards various issues of economic revival and reinforced the addresses of the Chief Guest and President of the Valedictory Session that the gap between the rich and the poor should be diminished to build a humane society.

Pic: Dr Joseph Gonsalvis, Principal, SJEC, in his Guest's of Honour Address

Rev. Fr Valerian D’Souza, Director, St Joseph Engineering College, in his Guests of Honour Address affirmed that the conference was an eye-opener towards the individual and corporate social responsibilities to contribute to the personal and economic growth.

Pic: Rev. Fr Valerian D'Souza, Director, SJEC, in his Guest's of Honour Address

V. Rev. Victor Machado, Rector, St Joseph’s Inter-diocesan Seminary, Jeppu, in his Presidential Address remarked on the ‘compact existence’ wherein the desire of the current culture is the need to create everything that fits in the palm of the hand and a minute memory chip in one’s brain. He recommended getting into the ‘stop and reflect’ mode to ignite a revival for better living and not of economy alone. He made a reference to letter of Pope Benedict XVI, Caritas in Veritate Charity in Truth where in the Holy Father advocates a humane economy based on fraternity to sustain ‘integral human development’.

Pic: V. Rev. Victor Machado, Rector, St Joseph's Interdiocesan Seminary, Jeppu, in his Prediential Address

The delegate, Dr Mohammed Shah Alam, Professor of Business Administration, American International University, Bangladesh, congratulated the Faculty of MBA for organsing the conference and said that the insights emanated from the discussions would lead to revival.

Pic: Dr Mohammed Shah Alam, Professor, American International University, Bangladesh

Prof. K Sadashiva Rao, Head of the Department of Commerce and Management, Poorna Prajna College, Udupi, gave the feedback that the plenary , track sessions and food (Catering by Kamath Caterers, Mangalore) were excellent. He was impressed by the hospitality of the staff and students of the Department of Business Administration, SJEC.

Pic: Prof. K.Sadashiva Rao, HOD of Commerce and Management, Poorna Prajna College, Udupi

The SJEC MBA team choir invoked God’s blessings and graces.

Dr Anjali Ganesh, Conference Organising Secretary and Associate Professor, welcomed the eminent gathering.

Pic: Dr Anjali Ganesh, Associate Professor

Dr Prakash Pinto, Conference Chairman and Dean – MBA proposed the vote of thanks.

Pic: Dr Prakash Pinto, Dean - MBA

Ms Smita Jesudasan, Senior Lecturer was the M.C. for the Valedictory Session.

Report by Ms Smita Jesudasan, Senior Lecturer.

National Conference on Economic Revival Inaugurated at SJEC

Dr Gopal K Kadekodi: ‘The Power of Savings’ at the Inauguration of National Conference on “Economic Revival: Business Perspectives and Opportunities”

Mangalore, April 29: The National Conference on ‘Economic Revival: Business Perspectives and Opportunities’ organized by the Department of Business Administration, St Joseph Engineering college was inaugurated on 29 April, 2010 at 9.30 am in the Conference Hall, Mechanical Engg. Block, SJEC.

Pic: Lighting of the Lamp

Dr Gopal K Kadekodi, Former Director, Institute for Social and Economic Change, Bangalore in his Keynote Address highlighted the ‘the power of savings’ and commented on the underlying causes of the financial and economic crisis. He coined the term ‘Globalization of Domestic Crisis’ for the economic crisis scenario faced by the world since 2008. He cited the examples of decline in the growth of output in the Western world, indicators of bank performances and the financial pressure coming from external debts in USA in comparison to India and China to clearly state that the crisis is only in the western world. He remarked that Indian economic growth has been financed predominantly by domestic savings unlike the USA who relied on the main driver of consumerism for recovery since World War II. The GDP growth rate continues to be around 7% as against 2.4% in USA and negative in 2008 and 2009. He recommended several measures and policy actions that can boost savings such as correction of the disparity pattern of savings, creation of secondary value added employment, reversing the out migration trend, providing urban facilities to rural areas, formation of cluster model of production, processing and marketing and creating open access kiosks for knowledge production and access and effective right to information. He concluded the address by quoting the statement of ‘Paul Krugman’, the Nobel Prize Laureate in Economics, 2008, “…First they have to have up to the inconvenient reality that financial markets fall far short of perfection…Keynesian Economics remains the best framework we have for making sense of recessions and depressions…Third, they’ll have to do their best to incorporate the realities of finance into macroeconomics”.

Pic: Dr Gopal K Kadekodi, Former Director, Institute for Social and Economic Change, Bangalore in his Keynote Address

Dr N.K. Thingalaya, Former Chairman, Syndicate Bank and Chairman, Academic Council, Justice K.S. Hegde Institute of Management, Nitte, and the Chief Guest of Inaugural Session in his address drew attention to the stability and growth of the Indian economy, banking and corporate sector. He narrated the statistics of various banks that have surpassed the profit margin of Rs 1000 crores. He compared the Central Banks measures of varying countries underlining the fact that RBI‘s provision for First Class Standard Assets is 0.04%. He added that fortunately the Public Sector Banks of India were not denationalized. He quoted the success rate of Regional Rural Banks and Grameen Banks, the delivery of credit mechanism in India who have implemented the system of ‘facility to save’ in addition to income and capacity to save. He concluded his address by the statement, “Future is bright, and that the Indian corporate giants are creating a landmark in the world by competing with the world’s best brands.”

Pic:Dr N.K. Thingalaya, Former Chairman, Syndicate Bank and Chairman, Academic Council, Justice K.S. Hegde Institute of Management, Nitte, and the Chief Guest of Inaugural Session in his address

Dr Joseph Gonsalvis, Principal, SJEC in his Guest of Honour Address stated that the conference would throw light in the understanding of the intricacies of the market behaviour, impact of economic recession and wished the delegates a fruitful deliberation in the two day national conference.

Pic: Dr Joseph Gonsalvis, Principal, SJEC in his Guest of Honour Address

Rev. Fr Valerian D’Souza, Director, SJEC in his Guest of Honour Address pronounced that it is a happy day for the MBA Josephite’s to organize the National Conference and that India is a shining star leading towards progressive growth. He hoped that the conference would benefit the august gathering and the deliberations would contribute to the growth of the nation.

Pic: Rev. Fr Valerian D’Souza, Director, SJEC in his Guest of Honour Address

Rev. Msgr. Denis Prabhu, Vicar General, Diocese of Mangalore in his Presidential Remarks reaffirmed the power of savings and asserted that it is the poorest of poor, viz., the craftsmen, farmers…insignificant people who saves and sustains the Indian Economy. He said, “Depression touches the White house and also the ordinary man’s kitchen” and recommended “Learn, Improve and be aware” to be in tempo with the changes in the economy, industry and market. He congratulated the team of MBA at SJEC to have shouldered the responsibility of organizing the conference.

Pic:Rev. Msgr Denis Prabhu, Vicar General, Diocese of Mangalore in his Presidential Remarks

Dr Prakash Pinto, Dean – MBA welcomed the august gathering.

Rev. Msgr. Denis Prabhu, released the Proceedings of the National Conference.

Dr Anjali Ganesh, Associate Professor gave a preview of the National Conference and proposed the Vote of Thanks.

Ms Lorraine Joan Rosario, Lecturer - MBA Faculty compeered the Inaugural Session. One hundred delegates from various B-Schools and Colleges are attending the National Conference.

Report by Ms Smita Jesudasan, Senior Lecturer

National Conference Schedule

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National Conference Invitation

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Workshop on Savings Investment & Capital Markets

As part of the Special Lecture Series of the Department of Business Administration a workshop on 'Saving, Investment & Capital Markets' was organised by National Stock Exchange of India on Thursday, 15th April, 2010 at 3:00 pm to 5:00 pm  for MBA Students in the SJEC Bethania Hall. The session was taken by Mr R. K. Bhat and Mr Madhusudhan Bhat. 

The workshop concluded with an interactive question answer session.

Dr Prakash Pinto, Dean MBA.,  Faculty members of Department of Business Administration and MBA students were present for the workshop.

Finale of Zephyr 10

Zephyr 10, the Second P. G. Management Fest of St Joseph Engineering College was successfully completed on 9th April, 2010. Rev. Dr Eugene Lobo, Former Principal of St Aloysius College, Mangalore and in-charge of English Section, Vatican Radio  was the chief guest of the function.

Dr Joseph Gonsalvis, Principal, SJEC presided over the function.

Rev. Fr Valerian D’ Souza, Director, SJEC., Dr Prakash Pinto, Dean MBA., Nelson Castalino, Student Coordinator were also present on the dais. Ms Lorraine Joan Rosario lecturer, SJEC- MBA welcomed the gathering and Ms Smitha Jesudasan, Faculty Coordinator, Zephyr 10 proposed the vote of thanks.

The Following are the winners of Zephyr -10:

Overall Champions:

ALOYSIUS INSTITUTE OF MANAGEMENT & INFORMATION TECHNOLOGY

Runners up:

SDM PG CENTER FOR MANAGEMENT STUDIES

Marketing:
1.SDM PG CENTER FOR MANAGEMENT STUDIES
2.ALOYSIUS INSTITUTE OF MANAGEMENT & INFORMATION TECHNOLOGY

Human Resource:
1.ALOYSIUS INSTITUTE OF MANAGEMENT & INFORMATION TECHNOLOGY
2.SDM PG CENTER FOR MANAGEMENT STUDIES

Finance:
1.ALOYSIUS INSTITUTE OF MANAGEMENT & INFORMATION TECHNOLOGY
2.SDM PG CENTER FOR MANAGEMENT STUDIES

Business Plan:
1.PA COLLEGE OF ENGINEERING
2.HRIHE, HASSAN

Best Ceo:
1.ASHISH B
ALOYSIUS INSTITUTE OF MANAGEMENT & INFORMATION TECHNOLOGY

Zephyr 10 Inaugurated

‘Zephyr-10’ a two-day national level PG management fest organized by the Department of Business Administration of St Joseph Engineering College Vamanjoor, was inaugurated on Wednesday, April 8th 2010.

The function was inaugurated by the Chief Guest Dr John Wilfred Lobo, M.D Albertsons International Private Ltd. He addressed the gathering and spoke about the Economic Revival and gave a picture about the present economic situation in India. He said that the domestic consumption and income in India is high. He highlighted the present monetary situation of India and said that present economic consumption of India has been least effected by the Global recession due to our strong monetary policy. He advised the faculty of our college to interlink the theory from the books with practical knowledge.

Dr Aloysius Sequeira, Professor, Department of Humanities, Social Science and Management, NITK, Surathkal and the member of the Governing Board SJEC presided over the function. His speech focused on four words that are; Zephyr, Globalization, Economy and Management Education. He said there are two important Drivers of economy which are People and Knowledge. The right people with right knowledge are needed in present economic situation. He concluded with a mantra: “the right People who are Motivated will use their Creativity to reduce the Cost”.

Rev. Fr Valerian D’Souza, Director and Dr Joseph Gonsalvis, Principal of St Joseph Engineering College were the Guest of Honors. Rev. Fr Valerian D’ Souza Director wished all the participants to enrich their selves and take up responsibilities in these two days to make Zephyr-10 a wonderful success. Dr Joseph Gonsalvis, Principal, advised the participants to be self sufficient and self driven to be successful.

Fr Henry Mascarenhas, Asst. Director St Joseph Engineering College, Ms Smitha Jesudasan, Faculty Coordinator, were present on the dais. The Masters of Ceremony for the function were Ms Mita and Mr Ivon of 1st year MBA. Dr Prakash Pinto, Dean MBA, SJEC, welcomed the gathering and Nelson Castelino proposed the vote of thanks.

The students from 12 Colleges are participating in Zephyr–10.

Abstracts Selected for National Conference 2010

The Following Abstracts have been selected for the National Conference on Economic Revival: Business Perspectives and Opportunities