Besant Group of Institutions, Mangaluru

News

Inauguration of Certificate Course in Basics of Money Management at MSNIM

November 9, 2020


Inauguration by Dignitaries

Deepak K. Rao, Founder and Director of Simplus Financial Consultancy Pvt. Ltd., Dr. Molly S. Chaudhuri, Director of MSNIM, Manel Annappa Nayak,  Vice President and K Devanand Pai, Secretary of WNES were present.

The 30-hour course will cover all aspects of personal finance like investment planning, financial planning, investment avenues to consider and avoid, insurance, the stock market, mutual funds and entrepreneurship. The programme is being held using online platform. It will conclude on 29 November. 86 students of the institute are participating in the course.

Keynote Address, Chief Guest Gerard Colaco

This is part of a series of value added extra-curricular courses being offered to students of MSNIM to boost their personal competency. The course in money management provides a platform for the students of final year MBA to understand about various money management concepts. Investment consultants Sapna Shenoy, Yvonil D’Souza, Elston Neil Menezes, Gavin Abner Pinto, Lal Krishnesh, Vinod Kumar N. and entrepreneur Gopala Krishna Baliga are the resource persons.

Simplus Learning Academy is the training wing of Simplus Financial Consultancy Private Limited, a Bangalore-based personal financial services firm, which was established in 2006 to educate, enlighten and empower common investors in the country.

Gavin Abner Pinto, Insurance Consultant of Simplus Financial Consultancy, welcomed the gathering and compered the programme. Nanditha Sunil, Assistant Professor, MSNIM gave the vote of thanks.

MRPL-MSNIM Vigilance Awareness Week Competitions 2020

October 29, 2020

Manel Srinivas Nayak Institute of Management in association with Mangalore Refineries and Petrochemicals Ltd, has hosted "MRPL-MSNIM Vigilance Awareness Week Competitions 2020”as a part of MRPL’s Vigilance Awareness Programme for students. The theme for this year is ‘Vigilant India, Prosperous India’. The competitions held this year were: Essay in three languages (English, Kannada, and Hindi), Poster/E-Poster competitions and E-Quiz competitions to create awareness and to curb corruption.

There were overwhelming responses for the competitions from colleges across pan India. 4120 E-Certificates were issued for the Quiz competition, 105 entries were received for the essay and poster competition.

The award distribution ceremony was held on 29th Oct 2020 in MSNIM campus at Bondel and participants joined via online platform. 

MRPL-MSNIM Vigilance Awareness Week Competitions 2020 Inaugural Program

The inaugural program was followed by announcing the winners of various competitions which were held online. In each category, 5 prizes constituting 1st,2nd,3rd and 2 consolations were awarded. The Winners were :

English Essay 1st VEENA SHETTY from Govinda Dasa Degree College, Surathkal, 2nd SATHWIK SHETTY from Canara Engineering College, Mangalore, 3rd DILNA. K from The School of Social Work Roshni Nilaya Mangalore.

Hindi Essay 1st  KIRAN M KG from College of Arts and Science, Coimbator, 2nd  FATHIMA from GFGC Belthangady , 3rd VENISHYA LASADO  from CARMEL college Bantwal.

Kannada Essay 1st SHARATH SHETTY from Dr. B B Hegde First Grade college, Kundapura, 2nd KAVYA P from Dayananda Pai P Sathisha Pai GFGC, Mangaluru,  3rd ROSHNEY VILMA LOBO from CARMEL college Bantwal

Poster Competition 1st ANKITHA PAI from SDM College, Ujire, 2nd SOLITA RODRIGUES from Bhandarkars' Arts & Science College, Kundapura, 3rd REKHAPRAKASH ACHAR from Vivekanada College of Arts, Science and Commerce, Puttur.

The programme was witnessed by Staff of MRPL, faculty, staff and students of MSNIM, and Participants and winners of competitions of various colleges across India through Zoom. Ms. Divya Shetty, Asst. Professor MSNIM and Mr. Praveen Pinto, Senior Manager, MRPL coordinated the entire programme. Ms Ridhvika Shetty compered the programme.

Management Fest - Edify 2020 - 6 Degree(A Blazing quest for Nexus)

March 3, 2020

Six degrees is the theory that any person on the planet can be connected to any other person on the planet through a chain of acquaintances that has no more than five intermediaries. Edify 2020 with a theme 6 degree – A Blazing quest for Nexus was inaugurated by Mr. Walter Nandalike. Director Dr. Molly S Chaudhuri welcomed the Guests. Ms. Nanditha Sunil, Faculty Coordinator of Edify 2020 briefed the gathering about the programmes planned for the day. Mr. Nandalike emphasised on positive thinking and encouraged the participants to take criticism positively & not to be ashamed to commit any mistake, as mistakes are our stepping stones towards success. The function was presided by Mr. Devananad Pai Secretary WNES. We had 18 Colleges who had participated in various events held during the day. Our students were able to learn a lot of new things while engulfing themselves into the fest. Post the inaugural program there were different events. Among the events were:

  1. Capella  - “It’s time for an expert” related to Finance. 
  2. Algol  - “Human resources isn’t a thing we do, it’s a thing that runs our business” related to Human resource.
  3. Polaris - “Great Ideas start with a scribble” related to Marketing.
  4. Mintaka - “The struggle is real but the Triumph is Surreal” related to Best management team.
  5. Denebola - “Where a smart answer won’t get you fired” related to quiz.
  6. Alnilam  - “If you have been delayed, then it’s time to take a relay” related to Relay Team.
  7. Canopus - “Champions keep playing until they get it right” related to Best Manager.

This event provides an open platform for the holistic expression of talent besides bringing together youngsters of various educational institutions to celebrate creativity, innovation and the spirit of participation & Networking which is connected to our theme 6 degree.

“EDIFY 2020” was concluded at the end of the day with a valedictory programme. CEO of Spearhead Group Mr Brian Fernandes was the chief guest of the valedictory programme. Addressing the gathering Brain Fernandes said “As you learn, have lots of fun because after you leave the institution the fun stops and only learning remains. There is a manager and a leader in each of us. We have to rise from becoming a manager to a leader by committing SIN – strategy, Integrity & Innovation.” He also advised the students to compete against themselves and not with others and to do the task better than yesterday.

Mr Raghava Kamath in his presidential address to the gathering spoke about the all round development of an individual and how it helps one succeed in life. 

The winners of the various competitions were announced during the valedictory. Overall Champions - AJ Institute of management, Runners – Up: Shri Devi Institute of Technology, MBA Department Kenjar

Prof. Nanditha Sunil, Faculty Coordinator welcomed the gathering  Ridhvika Shetty, Faculty Coordinator of Edify 2020 briefed about the event. The programme concluded by National Anthem.

National Conference on Start-ups in India: Challenges, Issues, and Opportunities

February 20, 2020

The inaugural function took off with seeking the blessings of almighty by Ms. Sushmitha, Final MBA student. Later Mr. Suresh Shenoy, Asst. Professor read the security statements. He briefed the audience regarding the security measures taken by the institute for their safety presence in the auditorium.

Dr. Molly S Chaudhuri welcomed the dignitaries and briefed about the conference. Talking about the conference purpose she said that, India is the third-largest ecosystem for startups globally and has given birth to some of the world’s most impressive unicorns Management Institutions usually have a strong impact on new business growth and development. The institutions should enable startups with a stable business model to become a permanent organization.

The chief guest inaugurated the conference by releasing the conference proceedings in the form of an e-book consisting of the conference papers. The book titled on the conference theme ‘Startups in India: Challenges, Issues and Opportunities’ was edited by Dr. Molly S Chaudhuri and others. The book has 35 research articles representing the various sub-themes of the conference. The book bears ISBN-978-93-5396-791-8.

After the release of the book, the chief guest, Dr. V Ravindrachary delivered the inaugural address. Shri V Leeladhar Former deputy governor, RBI delivered the keynote address on ‘Startups in India.’ 

Keynote address was followed by the vote of thanks. Mrs.Usha Mogra, Asst.Professor thanked the chief guest, other dignitaries on and off the dais, delegates and other distinguished guests.

Mrs. Nanditha Sunil, Asst.Professor compered the inaugural ceremony. After the inaugural ceremony, the conference proceeded to technical sessions.

The first technical session (10.45-11.45) was conducted by Mr. Bobby Pauly, Partner– Tata Opportunities Fund. Mrs. Reema, Asst.Professor introduced the speaker to the delegates. Mr. Bobby took the session on ‘Role of Private Equity in Promoting Start-ups’. How to become an entrepreneur, what do we need to become an entrepreneur, role of venture capital in initiating a business were some of the aspects are discussed and he enthralled the student community by quoting some successful stories of business people. Mr. Pauly also answered the queries of the audience. Mrs. Reema thanked the speaker and the audience.

The second technical session (12.00-1.00) was handled by Dr. Madanmohan Rao, Research director at YourStory Media. Mrs. Divya Shetty, Asst.Professor introduced the speaker to the audience.

Dr. Madanmohan Rao engaged the session on the theme ‘From Jugaad to Frugal Constraint-Based Innovation. He said that like Jugaad we should have a flexible approach to solve problems, and be innovative in our doings and it is mandatory for an entrepreneur. He discussed juggads in four different actions. The session was highly informative and was highly appreciated by the audience. Questions asked by the audience were also attended by the speaker. After the question-answer session Mrs. Divya Shetty thanked the speaker and the audience. After the 2nd technical session the conference was deferred for the luncheon.

Paper presentation by delegates in the parallel session was commenced from 1.45-2.45.  35 Research papers were presented both by academicians and students. Dr. Praveen, Associate professor Besant Women’s College, Mangaluru and Dr. Nayana, Associate professor, GFGC Balmatta were the chairpersons and Mrs. Rashmi H, Asst. Professor, GFGC, Belthangady and Mr. Suresh Shenoy, Asst. Professor, MSNM Besant were the rapporteurs for the paper presentation session.

The third technical session was started at 2.55-3.55. This session was conducted in Virtual form. The theme was Role of incubation centres in promoting Start-ups. The speaker for this session was Mr. Gaurang Shetty, Chief Innovation Catalyst Research | Innovation | Incubation | Design | Lab (riidl ).  Mrs. Nanditha Sunil, Asst. Professor had led the virtual session.  Mr. Gaurang Shetty spoke on how to incubate an idea, an idea may be good or bad, don’t wait till it perfect, create things which people need, build a founding team, how to find investors and mentors and so on. It was an interactive session and the audience clarified their doubts about the incubation centers.   After the question-answer session, Mrs. Nanditha thanked the speaker and the audience.

After this session the conference proceeded to Panel Discussion, Mrs. Ridhvika Shetty, Asst. Professor introduced the moderator and the panel members to the gathering. Dr. Madan Mohan Rao was the moderator for the session.  Ms.Tanuja Maben, Founder of For-rader Academy, Ms.Prachetha Shetty, Director and COO of Thacher Farm tech Pvt Ltd, and  Mr. Prajwal M, Community manager in IKP Knowledge park participated as panel members. The panel discussed how an idea can be developed into a business, they shared their experience while answering the questions of the moderator.

Completion of the panel discussion led the conference to its last event; that is nothing but Valedictory Function.4.30-5.00 p.m. The Valedictory ceremony started with the presentation of clippings of the conference events that have been witnessed since morning. Mrs.Ashalatha, Asst. Professor and one of the conveners of the conference welcomed the chief guest and the other dignitaries on the dais and off the dais. Mr. K Devanda Pai, Secretary, WNES was the chief guest for the occasion. 

After the introduction of the chief guest, Mr. Ravisha B, Asst. Professor and the convener of the conference delivered the general Rapporteur Report. He narrated the events of the conference from its inaugural ceremony to valedictory. 

The general rapporteur report was followed by the valedictory address by the chief guest. Mr. K Devananda Pai in his valedictory speech said that the government of India is providing ample facilities for the growth of Start-ups and the present youth should utilize these facilities and develop into job creators rather than job seekers. He congratulated the organizers of the conference for holding the conference on such a theme. Dr. Vishnu Prasanna KN, Dean delivered the Vote of Thanks. The ceremony and the conference came to an end to the tune of the national anthem.

Mrs. Nanditha Sunil, Asst. Professor compered the valedictory ceremony.

Conference certificates and the conference proceedings were distributed to the delegates.

Pre Conference Workshop On Start-Ups

February 19, 2020

Preconference workshop on start-ups in association with Kanara Chamber of Commerce and Industry (KCCI) was organized on Wednesday, 19th February 2020 at Nethravathi Auditorium.

There were more than 300 participants in the workshop out of which 96 participants comprise of members from corporates, faculty members and students from institutes in and around Mangaluru

Objectives: Students should be encouraged to develop an entrepreneurial mindset through experiential learning by exposing them to training in cognitive skills (e.g. design thinking, critical thinking, etc.), by inviting the first generation local entrepreneurs or experts to address young minds. Initiatives like idea and innovation competitions, workshops, seminars, conferences, exhibitions, mentoring by academic and industry personnel, throwing real-life challenges, awards and recognition should be routinely organized. To prepare the students for creating the start-up through the education, integration of education activities with enterprise-related activities should be done.  With this objective workshop on startups was organized.

The workshop began with the prayer; Ms. Rahasya Pai from KCCI welcomed the gathering, Mr.Isaac Vas, President of KCCI inaugurated the workshop by lighting the lamp. Mr. Kudpi Jagadish Shenoy, President of Womens’ National Education Society (WNES) presided over the programme.

Addressing the gathering, Mr. Isaac Vas said that there are three types of entrepreneurs: Those who do business solely for profit, those who believe in giving the best products and services to consumers and lastly those who want to bring about change. “Ideas that seemed crazy or even imaginable just a few years ago are commonplace today,” he said, pointing to Uber, Ola, and Airbnb as examples.

He advised the delegates to harbor high entrepreneurial vision. “The world is changing demographically and there is enough space for new entrants in business,”

Dr. Molly S. Chaudhuri, Director of MSNM Institute gave a vote of thanks. Mr. Muddassir Khadar, Asst. Professor was the programme compere.

Mr. Ajith Kamath K., Mr. Naveen Narayan, Mr. Santosh Prabhu, Dr. Madanmohan Rao, and Mr. Avinash Karanth are the resource persons for the workshop. WNES Vice President Mr. Manel Annappa Nayak and members Mr. Nagar Narayan Shenoy and Mr. Raghav Kamath were present.

Inaugural program was followed by technical sessions.

Expert Session 1: Business Plan

Speaker: Mr. Ajith Kamath, Proprietor of Ajith Enterprises

 Mr. Ajith Kamath cited examples from his own journey, such as becoming eligible to bid for contracts by first becoming a sub-contractor to gain experience. He also called for more exposure about the business and entrepreneurship world for engineering and IT students, and vice-versa.
 Though circumstances may change the business plan helps see broader connections, and holds the founders and employees accountable to their commitments. The very act of writing things down makes concepts, marketing, and financials more explicit, Ajith explained.

Expert Session 2: How to fund your Start-up

Speaker: Mr. Naveen Narayan, Fellow Member, Institute of Chartered Accountants of India.

Funding needs for entrepreneurs vary across the stages of ideation, discovery, validation, customer creation, and company building. Funding sources for the startup journey vary during ideation (self-financing, business plan competition prizes, family), validation/seed (angels, crowdfunding, incubators, government grants), early traction (Series A: early stage venture capital), and scaling (growth stage VCs, PE). There are also grants given to new startups, but not to modified entities formed by splitting up or the reconstruction of an already-existing business. There are also grants given to new startups, but not to modified entities formed by splitting up or the reconstruction of an already-existing business. Mr. Naveen advised founders to research the implications of each type of investment with respect to risk, repayment, involvement, duration, and return to investors, pressure, and decision-making.

Expert Session 3: Legal Compliance

Speaker: Mr. Sathosh Prabhu, Co-Founder Intelex IP Solutions

Mr. Santhosh Prabhu said, the foremost and pretty crucial thing after the incorporation of a business entity is to follow up with its compliances. Hence, before you register your company, you should know whether you would be able to comply with its compliances or not.   But how would you figure out? For the same, you need to find out the compliances of the business entity you have chosen to register with. He also gave the details regarding the registration process and formalities.

Expert Session 4: Business Scalability

Speaker: Dr. Madanmohan Rao, YourStory Media  TiE Bangalore

Dr. Madanmohan Rao insisted on the journey from ideation to scaling up business ideas. Founders need to reflect on their journeys and aspirations and decide whether they want to remain small enterprises or global players. He also gave examples range from corner medical shops to large-scale chains like Radha Medicals or CVS. Ola and Paytm are good examples of Indian startups going global.

Expert Session 5: Native Startups

Speaker: Dr. Lionel Aranha, Chartered Accountant & a Lawyer in consulting practice in the Finance & Legal Area.

In his session Dr. Lionel Aranha discussed the different ideas for entrepreneurship while looking at innovation leading to Start-up/Incubator. He discussed the different concepts and issues related to upcoming entrepreneurs with reference to global examples and challenges in the world economy at large. He also invited students to discuss any of their ideas or business in-process so as to make it more realistic and opportunistic.

All the sessions were followed by questions and answers session in which students got their doubts solved. All the speakers’ encouraged and motivated participants to think out of the box and insisted the youth to be in start-up and create the success story of their own venture. The program was quite informative and interesting too.

Feedbacks were taken from all the participants. Positive response was received from major set of participants, with most of them requesting for further such workshops.