Friday 18 March 2016

2016 Placements at VJIM, Hyderabad on a high 70% of PGDM Class 2016 placed already

The placement season for management students of 2016 Batch at VJIM, Hyderabad has begun on a rousing note. With 70% of students already placed at some of the top organizations in the country, things are on the right track for the institute, which has a consistent placement record over the years. If the initial developments are a marker for things to come, then the institute is bound to build on its solid placement season reputation.


VJIM, Hyderdabad has always attracted reputed names from different industries for campus placements. This year is no different with Deloitte, Tech Mahindra, Standard Charted Bank, ICICI Bank, Naukri.com, GGK Tech, Beam Fiber, Capital IQ, Invesco, Cafe Coffee Day, ICICI Securities, Axis Bank, Future Group, Kent RO, Thomas Cook, 99 Acres, Thomson Reuters and other renowned names recruiting from the institute.

It’s also interesting to note that many of the recruiters keep coming back to the institute to hire its industry ready students. It’s a fact evident from the letter of appreciation VJIM recently received from one of the recruiters, JARO Education. The leading name in the field had recruited Mr. Surya Deepak, a student of the institute in 2014, and was left impressed by his performance. It has encouraged the recruiter to continue its association with the institute, as mentioned in its letter.

The list of satisfied recruiters is endless and they are making their presence felt during the current placement season as well. Almost three-fourths of the students have already been placed and the institute expects to close placements by 31st March. The highest CTC received by a student so far is INR 5,45,000. The average CTC on the other hand is INR 4,35,000, which is heartening given the job market climate at the moment.


Prof. Ramarao, Placement Chairperson, VJIM, Hyderabad shed light on the trends noticed during the placement season so far when he said, “A lot of companies are zeroing in on their hiring plans this year. Hiring for marketing professionals is across industries with top names like Future Group, Decathlon, Kent RO, Asian Paints, Deloitte, Naukri etc. IT, BFSI and Retail industries on the other hand are the front runners in terms of head count.”


According to Prof. Ramarao, ICICI Bank, HDFC Bank, Axis Bank, Standard Chartered Bank, Mahindra Finance, Tata Capital have all hired in big numbers. In fact, one of the startling aspects of the placement season is that Financial and Investment Research sector has hired many freshers. Human Resources stream also hasn’t done badly in what is being seen as an encouraging season on the whole for one of the top B Schools in South India. 

Monday 7 March 2016

“INSURANCE SECTOR- the opportunities and challenges!” – talk at VJIM, Hyderabad for budding managers of tomorrow

5TH February 2016, Hyderabad: 


The institute-industry interaction sessions are very common in the ecosystem of Vignana Jyothi Institute of Management, Hyderabad. On 5thFebruary, 2016, Mr. P Naresh Kumar, Cluster Manager- Sales training, PNB MetLife India Insurance Co. Ltd. graced the week’s interaction session.

Mr. Naresh started the session by decoding the real meaning of “insurance”. The word “Insurance” is often perceived as a policy meant for “life”. Whereas“Insurance” is a policy in which an individual receives financial protection. Insurance can provide protection for an individual, his assets and his business. The insurance industry of India consists of 53 insurance companies of which 24 are in life insurance business and remaining 29 are non-life insurers.

For insurance we need mainly financial planning determining an individual’s financial goals, purpose in life and life’s priorities, considering his/her resources, risk profile and current lifestyle, and detailing a balanced and realistic plan to meet the goals. The scope of planning would usually include 1.Risk Management and Insurance Planning, 2.Investment and Planning Issues, 3.Retirement Planning, 4. Tax Planning and Estate Planning, 5.Cash Flow and Liability Management, 6.Relationship Management and Education planning for Kids and the Family members.Why financial planning? To control inflation- cost of education/medical increasing exponentially, rising life expectancy, appropriate allocation, and protect lifestyle of family.

Net worth is the difference between the totals of your assets and liabilities. Determining the net worth is the first step in financial planning.

Cash flow plans are commonly used by business houses. Without a viable cash flow plan, a company could easily spend more than its revenue, putting it in peril. Unfortunately, most of us do not realize that a cash flow plan is important for even students. The principles that apply to corporate finance and to our personal lives are largely the same.

Budgeting is a process of tracking, planning, controlling inflow and outflow of income. Budgeting is important for insurance planning. Making personal budget is very easy and important too. In order to have the personal budget sorted, one needs to cultivate the habit of collecting bills, receipts and other documents which will help one monitor ones spending for the month.

Goal setting is deciding the end point of an individual’s planning exercise- determining where one aspires to be. “The more tangible the goals, the easier it is to plan toward their realization. Always ensure that your goals are S.M.A.R.T.,” says Mr. Naresh. “SMART- Specific Measurable Actionable Realistic Time bound.”

Specify your goal, the goal should be measurable, actionable. It should be realistic in nature and the most important thing is and should be complete within the time bound.

Thus the session on INSURANCE was finished with useful information about the insurance sectors.

J Lakshmi Sowjanya
PGDM,
PR Committee
VJIM

Thursday 3 March 2016

VJIM Hyderabad hosted its 16th alumni meet on 21st February 2016

The Alumni Executive Council got its new office bearers

PGDM in Hyderabad
PGDM in Hyderabad

Vignana Jyothi Institute ofManagement, Hyderabad conducted the 16th annual alumni meet on 21st February, 2016 where alumni from all across India came down to interact with their friends, faculty and juniors to reconnect with their alma matar.

The auditorium was filled with excitement, conversations, laughter and energy in the morning of 21st February. A lot is known about an institution through its alumni and the annual meet indeed said a lot about the principals and mission on which VJIM- the leading B-school of Hyderabad is pivoted on. The 2000+ alumni network of the school does not only have to do with successful business leaders in the industry but reflects a lot on the kind of leaders that the school has created thus far. With socially responsible managers and entrepreneurs making for the audience, 21st February turned out to be a fabulous day for everyone- including the current students of PGDM who got a chance to network with their seniors and get more industry scoops and perspectives.

A lot of alumni were invited to take the stage in order to share their special moments that they associate with VJIM, Hyderabad.Some shared their experiences at their jobs whereas others talked of their entrepreneurial journey.The alumni body discussed on the idea of having an Alumnisexecutive committee in order to discuss on the proceedings of the school and mentor the juniors more efficiently. The gathering also brainstormed on making the Executive Council responsible for registering the VJIM Alumni Association under the provisions of Telangana Societies Registration Act and presenting alumni web portal for effective interaction.

Dr. Kamal Gosh Ray, Director, VJIM Hyderabad elected few alumni of the college for bearing the offices of the executive council. Mr. John has been elected as the President of the committee with Mr. Shrenik Patel as the Vice President, Ms. Swati as Secretary and Ms. Jefia as the Treasurer.
The event also had few performances by the current students of VJIM taking the alumni on a walk down the memory lane.

The program formally came to end with an amazing lunch. The meet assured an action packed future with promises to bounce back with proper initiatives and action plans in order to give back more to the college, its alumni and its students.

Tuesday 1 March 2016

VJIM Hyderabad hosted its 16th annual Alumni meet on 21st February

PGDM in Hyderabad
PGDM in Hyderabad
VJIM Hyderabad hosted its 16th annual ‪Alumni‬ meet on 21st February, 2016 amidst a lot of energy, enthusiasm, nostaligia, good food, chats and‪ ‎laughter‬. True is the saying that the “best mirror is an old friend”. We were glad to host you and have you on campus! Stay blessed and may each one of you flourish whereever you go and in whatever you do. Read More...