ANNUAL REPORT 1965 - 2014 APRIL 2014 – MARCH 2015 PSG INSTITUTE OF MANAGEMENT PSG College of Technology Contents Message by Shri. L. Gopalakrishnan, Managing Trustee, PSG Institutions Message by Dr. R. Nandagopal, Director, PSG Institute of Management About PSGIM I. Accreditations 6 II. Alumni News 7 1. Alumni Meets 2. PSGMAA Activities III. Awards 8 IV. Events @ PSGIM 9 1. Culture Connect 2. Festivals @ PSGIM 3. Golden Jubilee Celebrations 4. Industry Connect 5. Other Events V. Faculty News 13 1. Development Activities a. Courses Completed b. Programs Attended 2. Faculty Forum 3. Paper Presentations 4. Professional Memberships 5. Programs Organized 6. Publications 7. Sessions Delivered VI. Flagship Events of PSGIM 19 1. Srijana 2016 2. Week of Games 3. Week of Wonders II 01 II VII. International Faculty @ PSGIM 20 VIII. International Visits 21 1. Faculty 2. Students IX. Knowledge Partnerships 23 X. Placements 24 XI. Research and Consultancy 25 1. Centers for Research 2. Research Committee 3. Consultancies 4. Funded Research 5. Doctoral Research XII. Socially Responsible Initiatives by PSGIM 27 XIII. Students 29 1. Achievements 2. Club Activities 3. Experiential Learning – Anveshna – Anubhar - Dhan 4. Induction Program 5. Internships 6. Programs Organized 7. Student Exchange Program Annexure I – Publications 37 Annexure II – Professional Memberships 39 II 02 II Message Shri. L. Gopalakrishnan Managing Trustee Dear friends, PSG Institute of Management concluded its Golden Jubilee Celebrations this year. At this juncture, it is indeed a rewarding experience to revisit the year that has gone by. The report talks about a plethora of activities, awards, events and research initiatives that punctuated the entire year. With such vibrant initiatives, I am sure PSGIM is moving decisively towards its Diamond Jubilee. As one of the leading management institutions, PSGIM has always set benchmarks and that to me is excellence which has become a habit today. A lot of initiatives from academic research to consultancy to industry interaction has seen the institute reach the pinnacle of success and these measures will continue to transform management education and bring laurels to our esteemed institution. I take this opportunity to commend the team headed by our Director Dr. R Nandagopal for bringing out such a wonderful report. I wish all the very best to his team. L Gopalakrishnan Managing Trustee, PSG Institutions II 03 II Message Dr. R. Nandagopal Director, PSG Institute of Management Dear Friends I take immense pleasure in presenting the annual report for this year. This report is a reflection of our attitude and global aspirations. This will be a great resource in a way that it tracks our activities, in the class and outside the class, which we believe can impart and nurture humanistic values. It is to the glory of the institution that we have some of the best faculty members and best students from this part of the world. At PSG Institute of Management the emphasis has always been to be entrepreneurial and industrious as is our legacy. With this, we give students ample opportunities to excel themselves in the co-curricular and extra-curricular activities. We also span a host of cultural events to relive and appreciate the flavor of our great nation's heritage and tradition and this helps them to be the global Indian. We have also had a lot of achievements in faculty and students and these are now recorded very well in the pages to follow. There are special pages on research and consultancy which is an important part of our academic and industry link initiatives. This annual report will be an excellent reference to our achievements and a benchmark to the next academic year. I also would like to place on record the excellent work put in by our faculty team and the contribution of our students. At this juncture, we resolve to march forward towards our Diamond Jubilee, guided by our Mission to “Raise the bar” in Management Education. Dr. R Nandagopal Director, PSG Institute of Management II 04 II About PSGIM PSG IM is one of the oldest B-Schools in India and is rated amongst the top thirty business schools in the country. It was started as the Department of Management Sciences under the PSG College of Technology in the year 1964 to cater to the ever growing need of management graduates in this region which witnessed an industrial and entrepreneurial leap of faith that continues till today. The Department was granted the 'autonomous status' by the University of Madras and the University Grants Commission (UGC) in 1978 and metamorphosed into a full-fledged institute called the PSG Institute of Management in 1994. With the PSG & Sons Charities evincing a keen interest in management education, the Institute grew wings and expanded its reach with international alliances and collaborations and became a most sought after business school. The ingraining of entrepreneurship in its wards is perhaps is one of the best achievements of this institution which has churned out innumerable entrepreneurs and corporate citizens who have left a trail in the industrial and corporate corridors of this nation. PSGIM was the first B-school in India to achieve the ACBSP International accreditation which certifies that the teaching and learning processes within PSGIM meet rigorous educational standards. Housed in an independent five storey building, PSGIM currently has 650 students pursuing their management programmes. As a leading business school, the PSG Institute of Management works with faculty, students, alumni and organizations to create a thriving and challenging community to work and learn. II 05 II Accreditations Association to Advance Collegiate Schools of Business (AACSB) In its path to getting AACSB Accredited, The Institute has aligned its processes related to Curriculum Students, Faculty and Research as per the new 2013 Standards specified by AACSB. PSGIM is currently working on the refinement of these processes to reach the target standards. It is expected to reach the set target standards in all the areas of operation, in the coming academic year 2015-16. Association of Collegiate Business Schools and Programs (ACBSP) PSG IM submitted a quality assurance report (QAR) to the ACBSP board during the month of September 2014 answering to the list of conditions and notes as mentioned by the Board. The Baccalaureate/Graduate Degree Board of Commissioners met on November 17-18, 2014, and reviewed the quality assurance report. After review, the board voted with the following points. A complete QAR is to be submitted by September 15, 2015 for removing the existing notes and fulfilling the entire requirement for ACBSP. Based on the QAR submitted by PSGIM the following decisions were declared by the ACBSP board. n Note on Standard 3 was removed n Note on Criterion 5.2 was removed n Condition on Standard 4, Criterion 4.2 was reduced to a Note II 06 II Alumni News Alumni of PSGIM work hand-in-hand with the PSGMAA Activities institute in curriculum building, mentoring students, internships, Project Viva, Guest Lectures, Women's Day, March 9, 2015 and in organizing events like Rapport, Curry Masala, PSGMAA and PSGIM jointly organized the Women's Children's Summer Camp etc every year. They also day celebrations in the campus on March 9, 2015. stay in touch with their Alma mater through their This was the first event after the new office bearers regular visits. of PSGMAA took over. The function was presided by Alumni Meet at Dubai, Jan 25, 2015 Mr. Jayakumar Ramdas, Chairman, PSGMAA. Ms. Andal Priyadarshini, Head, Doordharshan Kendra An Alumni meet was organized on 23 Jan 2015 at Coimbatore, enthralled the audience with her power MACY'S restaurant, Dubai. Twenty four alumni packed speech, which had references to Thanthai joined the meet and the representations were from Periya and Subramaniaya Bharathi. Dr. T. G. Vijaya, 1993-95 batch to recent 2007-09 batch. It was a great Secretary PSGMAA delivered the vote of thanks number for the first alumni meet organized in Dubai. All the alumni were happy to meet each other and International Men's Day – Nov 19, 2014 by they were very excited about the get-to-gather. The PSGMAA alumni felt that many more such meet should PSG Management Alumni Association celebrated happen in future and wished that PSGIM hosts Men's Day on Nov 19, 2014. Mr. Krishna, a alumni meet in Dubai at least once in a year or once motivational speaker addressed the gathering on in two years. They suggested a Dubai chapter be the topic “The Pregnant Man”. All the men faculties started and many volunteered to make it happen. of PSGIM were honored by PSGMAA during the They also suggested that it could be extended to the celebrations. family members as well. The alumni data was collected and the admission brochures were also distributed to them so that they will know about the courses offered in PSGIM and would recommend their friends and family to put their wards in PSGIM. Overall the Alumni meet which was organized for the very first time in Dubai was a great success. II 07 II Awards th n PSGIM was ranked 35 in the Business Today n School Innovation Award (Faculty Level) at the Rankings of 2014 26th AIMS Annual Convention held at YASHADA, Pune during Aug 21-23, 2014 n PSGIM is ranked 38 among the top b-schools in the country in the second edition of the B-School n· Dr. Deepa secured a copyright for the Emotional rankings for 2013-14, done by National HRD Intelligence test “DKEIT” which she developed Network and People Matters, a leading during her PhD knowledge and media platform in the HR space. n· Mr. R. N. Balamurugan, Mr. R. S.