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Annual Report 2013-14 Fellow Programmes Administration PGP PGPEX PGPEX VLM MDP Facilities Faculty Activity Final Accounts & Research

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Annual Report 2013-14 Fellow Programmes Administration PGP PGPEX PGPEX VLM MDP Facilities Faculty Activity Final Accounts & Research ANNUAL REPORT 2013–2014 INDIAN INSTITUTE OF MANAGEMENT CALCUTTA Contents 4 List of Board of Governors 8 Chairman’s Message 9 Director’s Overview 24 Fellow Programme and Research 42 Post-Graduate Programmes (PGP) 57 Post Graduate Programme for Executives (PGPEX) 60 Post Graduate Program for Executives for Visionary Leadership in Manufacturing (PGPEX-VLM) 66 Management Development Programmes 77 Facilities 79 Activities of Centres 84 Faculty Activity 101 Final Accounts Fellow Programmes AdministrationAdministration PGP PGPEX PGPEX VLM MDP Facilities Faculty Activity Final Accounts & Research List of Board of Governors Shri Ajit Balakrishnan, No. 26, Kothari Road, Nungambakkam Dr. M.G. Parameswaran, Chairman and CEO Chennai – 600 034. Executive Director and CEO, Rediff.com India Ltd., FCB-Ulka Advertising Pvt. Ltd., Mahalaxmi Engineering Estate, Shri S. M. Datta, ‘Nirmal’, 4th Floor, Nariman Point, L.J. Road, No. 1, Mahim (West), Peerless General Finance & Investment Co. Ltd., Mumbai – 400 021. Mumbai – 400 016. 11-A, Mittal Tower, ‘A’ Wing, 1st Floor, Nariman Point Mumbai - 400 021. Shri Hirak Ghosh, Shri Ashok Thakur Flat No. 9L, Tower 4, South City Secretary, Shri Harshavardhan Neotia, 375, Anwar Shah Road, Ministry of Human Resource Development, Chairman, Kolkata 700 068. Ambuja Reality Development Ltd. Department of Higher Education, Govt. of India, Mrs. Sangeeta Talwar Ecospace, 2F/11, Room No. 127, ‘C’ Wing S-373, First Floor, Greater Kailash II Action Area II, Block 3A, Shastri Bhavan, New Delhi – 110 015. New Delhi- 110 048. 2nd floor, New Town, Shri V Kumar Kolkata 700156. Shri P. M. Murty Secretary Flat 102, 6-3-1192/A2 to A5, Ashoka Lake Higher Education Department Shri Sanjiv Goenka View Apartments, Govt. of West Bengal Vice Chairman, RPG Enterprise Kundanbagh, Begumpet, Bikash Bhavan, Salt Lake City, Management House, 14 Institutional Area, Hyderabad 500 016 Kolkata - 700 091. Lodhi Road, New Delhi 110003. Shri R.K. Rao, Shri P. Bhattacharya, Shri Ganesh Krishnan, B-2/144, Safdarjung Enclave (3rd Floor) AD-64, Salt Lake, 1st Avenue, Sector I, Villa No.3, Palm Meadows Extension, New Delhi – 110 029. Kolkata 700 064. Ramagondanahalli, Varthur Main Road, Bangalore - 560 066. Mrs. Chokila Iyer, Shri S.N. Menon, 46, Vasant Enclave P-404/5, Gariahat Road Shri Thulasiraj Ravilla, New Delhi – 110 057. Executive Director, Kolkata – 700 029. Prof. Biju Pail Abraham, Lions Aravind Institute of Indian Institute of Management Calcutta, Ms. Meena Gupta, Community Ophthalmology, Joka, D. H. Road, Kolkata – 700 104. 376/2, Block G, New Alipore, 72, Kuruvikaran Salai, Kolkata – 700 053 Gandhi Nagar, Madurai – 625 020 Shri R. Ramaraj, 1D Aum Apartments 4 Indian Institute of Management Calcutta | Annual Report 2013-14 Fellow Programmes Administration PGP PGPEX PGPEX VLM MDP Facilities Faculty Activity Final Accounts & Research Prof. Mritiunjoy Mohanty (up to 23.11.2013); Prof. Shekhar Chaudhury (up to 08.04.2013); Secretary Indian Institute of Management Calcutta, ndian Institute of Management Calcutta, Wing Cdr Vibhas Gupta (up to 20.02.2014) Joka, D. H. Road, Kolkata – 700 104. JJoka, D. H. Road, Kolkata – 700 104. GM (OD & Administration), Prof. Annapurna Shaw, (wef 08.12.2013) Prof. Saibal Chattopadhyay (wef Indian Institute of Management Calcutta, Indian Institute of Management Calcutta, 08.04.2013) Joka, D. H. Road, Kolkata – 700 104. Joka, D. H. Road, Director, Kolkata – 700 104 Indian Institute of Management Calcutta, Joka, D. H. Road, Kolkata – 700 104. Indian Institute of Management Calcutta | Annual Report 2013-14 5 Fellow Programmes AdministrationAdministration PGP PGPEX PGPEX VLM MDP Facilities Faculty Activity Final Accounts & Research We continued our international thrust this past year. In the annual Financial Times London rankings, we came in at No 13, overall in worldwide rankings, No 1 in Finance and Economics. Further we were awarded accreditation by the Advance Collegiate Schools of Business (AACSB), and also accredited by the Association of MBAs (AMBA); we are already the only member in India of CEMS (formerly known as Community of European Management Schools). Therefore IIM Calcutta is the only institute in India to have dual accreditation by AACSB and AMBA and membership of CEMS. Our faculty research continues to contribute to Indian society at large. Prof Nimruji Prasad’s work on re-defining corporate social responsibility to mean a way of making the relationships between business and society work, Prof. Bhaskar Chakraborty and Prof. Biswatosh Saha’s study of India’s commodity ecosystem for designing a more effective multi-commodity exchange, studies by Prof Pulak Das and Prof Debashis Bhattacharjee on understanding the rising incidence of contract labour system in industries as diverse as manufacturing and Five Star Hospitality, speak of the engagement of our faculty with issues that matter to our country. We have a number of things to look forward to in the coming year. Our campus expansion project is making good progress. Our new Executive Development Centre is a new asset for the institute that is already enabling a significant rise in the number of such programmes we hold. We are planning an Innovation Centre to give a fillip to Chairman’s the entrepreneurial activity in our country. And IIMC personnel led an MHRD effort to think through the design of an online education platform for India’s higher education Message system. Shri Ajit Balakrishnan Ajit Balakrishnan Indian Institute of Management Calcutta 8 Indian Institute of Management Calcutta | Annual Report 2013-14 Fellow Programmes Administration PGP PGPEX PGPEX VLM MDP Facilities Faculty Activity Final Accounts & Research The year 2013-14 has been a remarkable year in the history of IIM Calcutta since it got its firm stand on International front when it received the 19th rank in Financial Times Masters in management 2013 Global Rankings in its first attempt. IIM Calcutta also judged the No 1 in Finance and No 2 in Economics among the top 70 global business schools that offer masters in management programme. The Prime Minister of UK, David Cameron visited IIM Calcutta during its Foundation Day on November 14, 2013 and interacted with its students, which happens to be a remarkable moment in the history of the Institute. Institute received AMBA Accreditation and hosted the prestigious and first ever Pan-IIM Conference, sponsored by MHRD in Goa in May- June, 2013. Our Programmes Fellow Programme in Management and Related areas This year 7 doctoral students who have completed all the academic requirements received the title of Fellow of IIM Calcutta. Several of our doctoral students have Director’s excelled in their research during this year. This year the Institute supported 11 doctoral students for presenting papers at International conferences. Shri Arqum Mateen, one of our graduating Fellow Programme students has secured the Overview “Satish K. Sehgal Doctoral Student Award 2013” for excellence in scholarship and organizational citizenship. Prof. Saibal Chattopadhyay Indian Institute of Management Calcutta Expanding Research Output and promoting inter- disciplinarily The Research Policy was amended with the following changes: a) Financial limits for Category 1 and 2 project funding was increased to Rs. 3 lakhs and Rs.10 lakhs respectively. Category 3 funding was enhanced to upto Rs 50 lakhs and a new scheme of formation and institutional recognition to inter-disciplinary ‘Research Groups’ was introduced to route Category 3 funding. One (1) Research Group has been formed. Another one proposal is now under external review process. Indian Institute of Management Calcutta | Annual Report 2013-14 9 Fellow Programmes AdministrationAdministration PGP PGPEX PGPEX VLM MDP Facilities Faculty Activity Final Accounts & Research Stipend increase for doctoral students The stipend structure of doctoral students was revised (for implementation from 2014 June) to correct for inflation and respond to changes in other peer institutions. Students would get Rs.27,000 before CQE and Rs.30,000 after CQE. Annual Contingency grant was revised to Rs 25,000 (from Rs.20,000) and computer grant to Rs.40,000 (from Rs.25,000). Field grant support Field grant support for undertaking field based research was raised to Rs.50,000. Provision has been made for taking up, on a case by case basis, applications for larger grants in deserving cases for approval by Director after recommendation from research committee. TAC Rule changes Provision has been made to include academicians outside IIMC in the thesis Advisory Committee of an FP student – with a line of funding support for travel of the student or the TAC member for closer face-to-face discussion. Sharing FP level courses with other IIMs Policy has been finalized for incoming students from other IIMs to attend FP level courses at IIMC. Routines from administering the exchange are under development at FPR Office. New FP lab A new 27-seater FP lab has started functioning Two year Full-time Post Graduate Programme The year 2013-14 is a landmark in the history of the Institute because of the sheer number of students who graduated this year, which stands for 384 students who have received the Post Graduate Diploma in Management and 55 students the Post Graduate Diploma in Computer Aided Management. I wish to specially congratulate the award winners for their superlative performance. Shri Srinivas Bhaskar secured the 1st rank and received Dr. B. C. Roy Gold Medal and other prizes for his outstanding achievement. Shri Dipak Daga secured the 2nd rank and received Dr. B. C. Roy Silver Medal and other prizes; Shri Dwaipayan Bhowmik and Shri Sadhak Bindal bagged the 3rd rank jointly and received the TIL Scholarship and Duncan Award; Shri Gupat Sachin Subhash Chandra and Shri Vishal Visanji Thakkar secured the 5th rank jointly and received Balmer & Lawrie Award. Ms. Chakraborty Ishita Sunity was selected for the IIMC Alumni Association Calcutta Chapter Gold Medal and Cash Award for the best female student in the PGDM programme for her outstanding academic performance.
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