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INDIAN INSTITUTE OF MANAGEMENT CALCUTTA ANNUAL REPORT 2015-16 ANNUAL REPORT 2015-2016 INDIAN INSTITUTE OF MANAGEMENT CALCUTTA Indian Institute of Management Calcutta Contents 02 06 07 List of Board of Chairman’s Director’s Governors Message Overview 21 43 53 Fellow Post Graduate Post Graduate Programme & Programmes (PGP) Programme Research for Executives (PGPEX) 57 63 65 Post Graduate Programme Post Graduate Diploma in Management for Executives for Visionary Business Analytics Development Leadership in Manufacturing (PGDBA) Programmes & Long (PGPEX-VLM) Duration Programmes 69 73 83 Facilities Activities of Centres Faculty Overview 97 Statement of Accounts 2015-2016 1 Annual Report 2015-2016 Administration Board of Governors: IIM Calcutta 1st April 2015 – 31st March 2016 Shri Ajit Balakrishnan Shri Ganesh Krishnan Chairman and CEO, Rediff.com India Ltd. Villa No.3, Palm Meadows Extension Mahalaxmi Engineering Estate Ramagondanahalli L. J. Road, No.1 Mahim(West) Varthur Main Road, Mumbai -400016 Bangalore - 560066. Shri Vinay Sheel Oberoi Shri Sanjiv Goenka Secretary, Ministry of Human Resource Development, Vice Chairman, RPG Enterprises Department of Higher Education, Govt.of India Management House Room No.127,‘C’ Wing, Shastri Bhavan 14, Institutional Area New Delhi -110015 Lodhi Road New Delhi -110003 Shri V Kumar Principal Secretary Shri Thulasiraj Ravilla Higher Education Department Executive Director, Lions Aravind Institute Govt.of West Bengal, Bikash Bhavan, Salt Lake City of Community Ophthalmology Kolkata -700091. 72, Kuruvikaran Salai, Gandhi Nagar Madurai –625020. Shri P. Bhattacharya, AD-64, SaltLake, 1st Avenue, Sector–1 Dr. M. G. Parameswaran Kolkata -700064 Brand Strategist Founder Brand-Building.com Shri R. Ramaraj, (up to 30.05.2015) A62 Technocrat, Twin Tower Lane 1D Aum Apartments Off Veer Savarkar Marg, Prabhadevi No.26, Kothari Road, Nungambakkam Mumbai -400025 Chennai -600034 2 Annual Report 2015-2016 Indian Institute of Management Calcutta Shri Hirak Ghosh Prof. Anup K Sinha Flat No. 9L, Tower 4, South City Indian Institute of Management Calcutta 375, Anwar Shah Road Joka, D. H. Road Kolkata -700068 Kolkata –700104 Ms. Sangeeta Talwar Prof. Saibal Chattopadhyay S-373, First Floor, Greater Kailash II Director, New Delhi - 110048 Indian Institute of Management Calcutta Joka, D. H. Road Shri P. M. Murty Kolkata –700104 Flat 102, 6-3-1192/A2toA5 Ashoka Lake View Apartments Secretary to Board of Governors Kundanbagh Begumpet Hyderabad - 500016 Shri Alok Chandra Prof. Annapurna Shaw (up to7.12.2015) Chief Administrative Officer Indian Institute of Management Calcutta Indian Institute of Management Calcutta Joka, D. H. Road Joka, D. H. Road Kolkata – 700104 Kolkata –700104 Prof. Balram Avittathur (w.e.f. 8.12.2015) Indian Institute of Management Calcutta Joka, D. H. Road Kolkata – 700104 3 Annual Report 2015-2016 Major Events 2015-16 4 Annual Report 2015-2016 5 Annual Report 2015-2016 Administration Chairman’s Message It has been a stellar year for research - 68 from an economy where land currently in use papers were presented by our faculty at by a very large numbers of our fellow Indians workshops and conferences throughout living in subsistence agriculture is put to the world, an additional 24 papers by work in housing or industrial spaces to take our doctoral students, another 63 papers into account all the complexities of the were published by faculty in reputed peer- situation. This was presented at the Annual reviewed journals ... adding up to 155 in all. International Conference on Law, Economics and Politics, Oxford, UK. In another paper, Some of the really thought-provoking this time focusing on urban India, Rajesh research works include one from a doctoral studies informal sector labour (84% of all student Apoorv Khare’s paper that points labour in India), and urges that instead of out that though we live in a world where using concepts such as “encroachment” and a large part of the population lives at the “squatting” to characterize their actions, margin, much of consumer behaviour use the concept of “Urban Commons” and theory assumes a minimum consumption presented it at the Tenth Interdisciplinary adequacy in its theorization. Isn’t it time Social Sciences Conference, Croatia. that we include this large consumer segment in our marketing theorizing, he asks. This Our effort to sparking more innovation in paper was presented at the Transformative India, the IIM Calcutta Innovation Park, Consumer Research Conference at Villanova a start-up environment that focuses on University, US; Prof Uttam Kumar Sarkar healthcare, education, cleantech, lifestyle, and his doctoral students Divya Sharma and analytics, and the Internet of Things was Agam Gupta have some very original work in full operation this year and several aimed at understanding the effect of quality startups are operating there. The other major and network effects on the decision to enter initiative we launched in the past year, a new a market where there already is a dominant 2-year full time Post Graduate Programme incumbent and the work was presented at on Business Analytics in collaboration the Twenty-Third European Conference with IIT Kharagpur and Indian Statistical on Information Systems (ECIS), Münster, Institute Calcutta, also made great progress. Germany, and Prof Rajesh Bhattacharya’s two papers on how to manage the transition Ajit Balakrishnan 6 Annual Report 2015-2016 01 Director’s Overview Administration Director’s Overview IIM Calcutta was the recipient of the prestigious JICA President Award, 2015. Our PGPEX programme has secured better outreach this year and Long Duration Programme has been carved out from Consultancy and Management Development Programmes. IIM Calcutta has made significant all round Institute. IIM Calcutta was the recipient of the progress and the year 2015-16 has been an prestigious JICA President Award, 2015. Our excellent one. The Institute is at the crossroad PGPEX programme has secured better outreach of securing the coveted EQUIS accreditation. this year and Long Duration Programme The EQUIS Accreditation Awarding body is has been carved out from Consultancy and likely to grant the prestigious accreditation in Management Development Programmes. April, 2016. This will give us the rare distinction An institutionalized LDP is to the fore. The of being the only Management Institute in the Management Centre for Human Values has country having 3 international accreditations initiated a scholar-in-residence programme, of repute. After becoming the privileged while Finance Lab, for the first time, organised alliance partner with CEMS, the first CEMS a seminar outside India in Singapore. The review was held in October and the report was Institute will hold a new annual lecture, very positive and encouraging. Some of our Arijit Mukherji Memorial Lecture from next faculty members have brought laurels to the academic year. 8 Annual Report 2015-2016 Indian Institute of Management Calcutta Our Programme Fellow Programme in Management programme, Shri Priyank Sood secured the 1st rank and received the Institute’s Gold Medal and Dr. and Related areas Jogendra Kumar Chowdhury Gold Medal and other Thirteen doctoral students received the title of prizes for his outstanding achievement. Shri Piyush Fellow of IIM Calcutta. The Institute supported Gupta secured the 2nd rank and received the Smt. 24 doctoral students for presenting papers at Indira Chowdhury Gold Medal and other awards. International conferences. Ashish Kumar Jha has Shri Ankur Aggarwal secured the 3rd position and secured the “Satish K. Sehgal Doctoral Student received the ACC award. Their names have been Award 2016” for excellence in scholarship and included in Director’s Merit List. organizational citizenship. Shri A Paranjape Ninad Bhushan received Aditya The trustees of The Calcutta Stock Exchange Limited Kashyap Memorial Scholarship for receiving highest CSE-IPF have agreed to provide a fellowship for CGPA in Compulsory & Elective Courses and Late Rs.3.5 lakhs per annum towards stipend for a Sumantra Ghoshal Award for Academic Excellence Fellowship Scholar in the area of Finance and for receiving highest CGPA at the end of the two- Control. This arrangement is initially for a period of year programme including all six terms. Shri Gaurav two years. Agarwal received Bengal Chamber of Commerce Medal in the area of Human Resource Management. The Post Graduate Programme (PGP) Shri Codanda Appachu Appanna received B. S. Dua Memorial Prize for Organizational Ability and The year 2015-16 is a landmark in the history of the Srinath Damarla Award for Outstanding Leadership Institute because of the sheer number of students Ability. Shri Pawan Kumar Karsan Makadia received who graduated. This year 395 students received Bharat Chamber of Commerce Medal for the most Post Graduate Diploma in Management and 47 balanced and progressive outlook to Management students Post Graduate Diploma in Computer problems. Shri Neela Mohan K Amalapuram Aided Management. In the PGDM programme, Shri received Pawan Tyagi Prize for the best sportsperson Thakkar Amish Vishanji secured the 1st rank and of the year 2015. Shri Akash Singhal received Dr. received Dr. B. C. Roy Gold Medal and other prizes B. C. Roy Memorial Prize for the most outstanding for his outstanding achievement. Ms Ratnabali contribution to campus life in the year 2015. Ms. Majumdar secured the 2nd rank and received Dr. Manjari Sharma received Monalisa Gupta Memorial B. C. Roy Silver Medal and other prizes; Shri
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