The e-Bulletin
shoka usiness chool A B S Premier B-School in North Maharashtra August- 2019
ISO 9001:2015 Certified, Minority Institute (Recognized by AICTE New Delhi, DTE Mumbai, Government of Maharashtra & Affiliated to SavitribaiPhule Pune University)
In This Issue
Annabhau Sathe Birth Anniversary Celebration ......
Workshop on Employability Enhancement and Youth Livelihood ......
Robin Hood Army Donation Camp ......
Dr. S. R. Ranganathan Birth Anniversary Celebration ......
Workshop on Universal Human Values ......
Interactive Session with Student from Reputed Institute ......
Life Lessons by Mr. Nitin Ahire ......
Orientation program on Maha DBT Portal ......
Pre Placement Guidance Session on Career Opportunities in Insurance Sector ………………………………
Flood Management Session and Activities ……………………………………………………………………………………..
Udaan Talk Show- “FEMALE IS THE FUTURE”......
Tree Plantation Activity …………………………………………………………………………………………………………………..
Expert Lecture on Digital Marketing …………………………………………………………………………………………………
Orientation Session on AIESEC ......
Fit India Movement ......
Faculty Article ......
Faculty Achievements ......
Collge News Published ......
ABS E-Bulletin August-2019 Page 1
Hon’ble Chairman Sir, Shri. Ashokji Katariya Ashoka Education Foundation, Nashik
To be a leader, it is necessary that the person is not only equipped with knowledge, but one should be empowered with a strong character, motivation to face the odds and above all the ability to find and pursue a vision for one's life. Ashoka aims to create an environment where the students will develop themselves as an aware citizen but into a leader of Global status.Ashoka is an initiative to revolutionize the educational environment by equipping the students with information, mental and spiritual strength together with contemporary skills. It also empowers theirPersonality with a vision. A vision to be a contributor in making India a superpower by the year 2020.
Dr. D. M. Gujarathi Dr. Wasudeo N. Bhende Director (Higher Education) Administrator Ashoka Education Foundation Ashoka Education Foundation
In-Charge Director Dr. Vikas Gaundare Ashoka Business School, Nashik
ABS E-Bulletin August-2019 Page 2
Annabhau Sathe Birth Anniversary Celebration
Date of Event:1st August, 2019
Participant:Management, Faculties and
MBA 2nd year Students
Venue:Library Reading room
Under its Literary activity club, Ashoka Business School celebrated Annabhau Sathe birth anniversary on 1st August, 2019. The Program stared at 10:30 am in the student corner with tributes been paid to Annabhau Sathe by the Director (Higher Education) -Dr. D. M. Gujarathi, Incharge Director-Dr. Vikas Gaundare, all the faculty members and Students. Dr. Vikas Gaundare spoke a few words about this day and enlightened the students with various anecdotes from the his life.
ABS E-Bulletin August-2019 Page 3 Workshop on Employability Enhancement and Youth Livelihood
Date of Event:7thto 20th August, 2019
Resource person:Ms. Ruta Pandit and Ms. Radhika Khairnar
Participant:MBA 2nd year Students and faculties
Venue:ABS Seminar Hall
In charge/organizer (Faculty) : Prof.Nainesh Mutha
Mahindra Pride Classroom‟s Naandi Foundation conducted a 40 hour training program onEmployability Enhancement and Youth Livelihood at ABS for the final year MBA Students. Thetraining began with the awareness about oneself and focussed on sharpening the competency ofeach individual through lots of activities and motivational talks. The students began to share theirexperiences and were able to clear their thoughts while communicating. The trainers, Ms. Ruta Pandit and Ms. Radhika were very resourceful and engaged the students meaningfully to bring out the best in them. Mahindra Pride Classroom is a CSR initiative of Mahindra Group.
ABS E-Bulletin August-2019 Page 4 Robin Hood Army Donation Camp
Date of Event:9th August, 2019
Participant:MBA 2nd year Students and faculties
Venue:ABS Seminar Hall
In charge/organizer (Faculty) : Prof. Manisha Bhamre
The ABS ISR cell took active part in Mission15, an activity conducted by the Robin Hood Army, Nashik whose main motto is „Serve the Hungry Citizen”. Students and Faculties contributed to the BAG OF HOPE, grains, pulses and lentils which would be distributed by the Robin Hood Army to the people residing in the remote hamlets in and around Trimbakeshwar. This Army undertakes drives of providing surplus food to the underprivileged, imparting education and training to the underprivileged children and collecting and distributing warm clothes to those in dire needs. ABS ISR cell which is run by its students and headed by Prof. Manisha Bhamre, is always at the forefront when it comes to do social work. This not only helps in the holistic development of the students but also helps them empathise with the underprivileged and develop a sense of gratitude. Dr. D. M. Gujarathi, Director(Higher Education), AEF, Dr. VikasGaundare, Director I/C, ABS and all the faculty members were present for the function.
ABS E-Bulletin August-2019 Page 5 Dr. S. R. Ranganathan and Dr. Vikram Sarabhai Birth Anniversary Celebration
Date of Event:13thAugust, 2019
Participant:Management, Faculties and
MBA 2nd year Students
Venue:Library Reading room
Under its Literary activity club, Ashoka Business School celebrated Dr. S. R. Ranganathan and Dr. Vikram Sarabhai birth anniversary on the 13th August, 2019. The Program stared at 10:30 am in the library reading room with tributes been paid to Father of library science-Dr. S. R. Ranganathanand and the Indian scientist, physicist and astronomer- Dr. Vikram Sarabahiby the Director (Higher Education) -Dr. D. M. Gujarathi, Mr. R.Venkitachalam-Chairman,Bizsol India Services Pvt. Ltd.,Incharge Director-Dr. Vikas Gaundare, all the faculty members and Students.
ABS E-Bulletin August-2019 Page 6 Workshop on Universal Human Values
Date of Event:13th August, 2019
Resource person: Mr. LesanAzadi, Director, Bah‟ai academy Mr. ParagTandale and Mrs. PreetiTandale
Participant: MBA 2nd year Students and faculties
Venue:ABS Seminar Hall
In charge/organizer (Faculty) : Prof. Manisha Bhamre
A one day workshop for the management students was conducted on “Education in Universal Human Values”. An important area of ABS is aimed at cultivating the ideas of Universal Values and Ethics among the young adults through workshops, dialogues and trainings.The future of humanity depends on the adoption of a positive mental attitude by the current generation and so values in education is ever so important. Mr. LesanAzadi, Director, Bah‟ai academy, Panchgani, Mr. ParagTandale and Mrs. PreetiTandale were the resource persons for this workshop. Elicitive methodology was used to initiate discussions around human values of compassion, empathy, kindness, patience, tolerance and forgiveness.Mr. Azadi gave an insight into what is Education to change and spoke on Education in Universal Human Values and its importance and implications. There were a lot of games wherein the students were kept on their toes and vital lessons in human values were conveyed through various activities. Dr. D. M. Gujarathi,Director,AEF, Dr. VikasGaundare, Director I/C,ABS, Prof. ManishaBhamre, Coordinator, Holistic Development, ABS and all the Faculty members took efforts to make this workshop a successful one.Miss. AnkitaDhore, on behalf of all the Students thanked Mr. Azadi and his Team for conducting the workshop.
ABS E-Bulletin August-2019 Page 7 Interactive Session with Student from Reputed Institute
Date of Event: 16thAugust, 2019
Session by : Ms. Sasha Aher- (Student from Universal Business School, Mumbai)
Participant:MBA 2nd year Students and faculties
Venue:Class Room 1, ABS
An Interactive session was organized for the students of the Institute to extend the series of sessions by Reputed Institutes so that students can understand the cultural difference ofvarious Management Institutes. Ms. Sasha shared her experiences in Universal Business School with the students of ABS. She spoke about the student life and student engagement activites at her Institute. ABS students also shared practices they follow at the Institute. The interaction among all the students was a lively one. This session was planned and organized under Vyaktitv (Student) Council.
Student Coordinator- Mr.ShubhamTuplondhe, Ms.VidhiThakkar& Ms.Ankita Dhore
ABS E-Bulletin August-2019 Page 8 Life Lessons by Mr. Nitin Ahire
Date of Event: 13thAugust, 2019 Session by : Mr. Nitin Ahire Participant:Director, Unit Head and faculties Venue:Board Room, ABS
Mr. Nitin Ahire, MD of Suyaan Infrastructures, dealer of JCB, shared his valuable time with thefaculties of ABS. He discussed seven areas of life that one should focus on to lead a holistic life. These areas include health, relationships, wealth and business/profession on the tangible front. Onthe intangible end a person should focus on getting inner fulfilment through recreation, contributionand spirituality. He stressed that even in working environment, a person who is responsive learns to trust others andis resourceful. When the same is reciprocated the person provides unconditional effort for thebetterment of the organization. The session was really appreciated by the faculty and wouldcertainly help them to view life with a different perspective.
ABS E-Bulletin August-2019 Page 9 Orientation program on Maha DBT Portal
Date of Event :20th August, 2019 Topic :“How to Fill Scholarship/Freeship Application form on MahaDBT Portal Resource person:Mr.YogeshKatkade Class/classes Involved : MBA II (A&B) Venue : Classroom Organizer faculties:Mr. YogeshKatkade (Admin Officer)
AapleSarkarMahaDBT Portal (Direct Benefit Transfer) is an initiative taken by the Government of Maharashtra,which is a unique platform for Students to help them to avail Scholarship/Freeshipbenefits through the government schemes. Considering the new procedure and portal, Ashoka Business School, Nashik conducted anOrientation Program on “How to Fill Scholarship/Freeship Application Form on MahaDBT Portal”at Ashoka Business School, Rane Nagar Nashik., to know about AapleSarkarMahaDBT Portal and understand the procedure of filing of application form of scholarship/freeship and their documents requirement. MahaDBT Portal will start accepting application for new A.Y. 2019-20 and Ashoka Business School is providing platform to students to renew their second year Scholarship/Freeship application through login on MahaDBT Portal. Mr. YogeshKatkade addressed the students and explained all tabs and changes done on portal. He also provided a practical demo to help students to avail benefits through the various government
schemes under the one roof.
ABS E-Bulletin August-2019 Page 10
Pre Placement Guidance Session on Career Opportunities In Insurance Sector
Date of Event: 21st August, 2019 Topic: Placements Opportunities and its requirement in Insurance Sector. Resource person: Mr.Pankaj Waghmare (Sr. HR ) Class/classes Involved : MBA II (A&B) No of Participants : 40 Venue : Seminar Hall Organizer faculties : Mrs.Tanaya Patil and Mr.Nainesh Mutha
Students were made aware of the current areas of interests. The session started with very basics of insurance field by giving them the orientation of the insurance sector. The challenges and opportunities one can face in entering this field were made clear with the help of a presentation and a video. The students had interaction with the corporate people and found this session really useful and relevant. They understood the reality and need of the market.
ABS E-Bulletin August-2019 Page 11 Flood Management Session and Activities
Date of Event: 20th August, 2019 Topic:Demonstrations of Flood management activities Resource person :Dr Shilpa Bhalgat Class/classes Involved : MBA II nd year (A&B) and all staff members of ABS Venue : Seminar Hall Organizer faculties :Dr Shilpa Bhalgat
The session and activities were conducted by Dr Shilpa Bhalgat on Flood management under the Crisis Management session series. The students of IInd yr MBA and all staff and faculty of Ashoka Business School participated . Messages on Whats app about precautions to be taken during the flood scenario in Nashik were circulated to all the AEF staff and students , other Ashoka group Institutes . The participants and the society as a whole were benefited. The highlights of the sessions were the Do‟s & Dont‟s during Floods , demonstrations of Flood management activities etc. The students were asked to do Role plays on response to flood situations - at family level, school level, business level, Govt and rescue agencies level etc.
ABS E-Bulletin August-2019 Page 12 Udaan Talk Show - “FEMALE IS THE FUTURE”
Date of Event: 23rd August, 2019 Topic:Talk show with two Lady officers of Indian Air Force Resource person :Squadron Leader Aditee Bhangaonkar(Retd) Squadron Leader Supriya Chitre (Retd) Class/classes Involved :3 Female student and 1 Faculty attended Venue :Shankaracharya Nyas Sabhagriha, Nashik Organizer: Udaan Foundation
Squadron Leader Aditee Bhangaonkar(Retd) has put 10 years of service in the Indian Air Force. She was a fully qualified pilot on AN 32 aircraft. Both of them shared their experiences at the Air Force right from training period till last day of their job. Supriya also shared few incidences about their team dynamics and how it was developed.Aditee motivated the teenagersto develop themselves physically and mentaly. She threw light on required educational qualification , entrance/ competitive exams like CDSE/ CPSS/ PABT/AFCAT/SSB Interview required for various posts in all three – Indian Army, Air Force and Navy services . She shared information about various careers as eligibility for serving in Defence and related services as its core or support initiatives. Both of them suggested the students to acquire relative knowledge and skills and assure assist them to follow and achieve their dream paths wherever needed. Supriya also suggested the students to keep a back up plan ready in case they fall back .The session was concluded with National Anthem Udaan Service Preparatory Instituteis a one of the best SSB interview coaching , located in Nashik.It provides Tutorials for NDA/CDS/AFCAT , Psychometric testing(Aptitude testing), career counselling, OD initiatives & also developmental/military training camps.
ABS E-Bulletin August-2019 Page 13
Tree Plantation Activity
Date of Event : 24th August, 2019 Topic : Tree plantation Activity Chief Guest: Mr. Bhushan Shinde-Marketing Exucative, Sharp Publication, Pune Class/classes Involved: MBA II (A&B) No of Participants: Selected 25 Studentsand faculties Venue : ABS Campus Organizer faculties: Mr. Ashwin Amrutkar and Mrs. Tanaya Patil
Objectives : To create awareness about environment protection. To Encourage and Educate people about the pollution free environment. To make best efforts for making world green.
As the students were briefed about the objectives of Green India Initiative cell at Ashoka Business School, they showed interest in organizing an event on the occasion of Janmashtami. So, keeping in mind the student‟s interest, a tree plantation activity was organised in ABS campus where students took part in planting saplings.. Students were made aware about the importance of environment protection and keeping a healthy and pollution free environment.
ABS E-Bulletin August-2019 Page 14 Expert Lecture on Digital Marketing
Date of Event : 27th August 2019 Topic : Current trends and future in Digital Marketing Field Resource person: Mr.Prince Solomon and Mr.David Alexander Brief intro of Resource Person: Both are the Co founders of the firm Market Fx Class/Classes Involved: MBA II No of Participants:Students of Marketing Specialization (20) Venue : Marketing Forum, ABS In charge/organizer (Faculty): Mrs. Tanaya Patil
The session on Digital Marketing especially for Marketing specialization (MBAII) was organized. Twenty interested students attended the session and showed active participation in the session through doubt clearing, asking questions on current trends, eligibility to register such courses, future scope of the topic as per placement point of view. The session was well organized by Mrs. Tanaya Patil ,Marketing faculty for the students updation of knowledge .The speaker for the session Mr. Prince Solomon and Mr. David Alexander, (Founder OF MARKET FX) explained and showed the video related to digital marketing and its growing importance .They made students realized their current status and told them to accept the reality of market .After the session ,The speaker also took Mock Viva of the students and gave suggestion to improve upon. Students felt need of such sessions again. Students were motivated and charged up for grabbing the opportunities in the area of Digital Marketing. The students learnt various new techniques in the field of Digital Marketing like SEO, PPC, SSM , Difference between traditional and current trends .The speaker were very happy to interact with such wonderful and interested audience. Overall feedback from both the student and the speaker was satisfactory.
ABS E-Bulletin August-2019 Page 15 Orientation Session on AIESEC
Date of Event :27th August, 2019 Topic :various overseas internship options available for management students Resource person:volunteers of AIESEC, Mr. Pranav Sharma and Ms. Ovi Class/classes Involved : MBA II (A&B) Venue : Classroom Organizer faculties:Ms. Pooja Kushare & Mr. Harshal Dayma
The orientation session for the students of ABS was conducted by volunteers of AIESEC, Mr. Pranav Sharma and Ms Ovi on 20th August, 2019. Mr. Pranav oriented about various overseas internship options available for management students and Ms Ovi elaborated about process, organisation and cost structure of AIESEC. The session was very informative for the students. A memorandum of understanding is signed by ABS and AIESEC. AIESEC is a non-political, independent, not-for-profit organisation run by students and recent graduates of institutions of higher education. Founded in 1948, we AIESEC has engaged and developed over 1,000,000 young people who have been through an AIESEC experience. The impact can be seen through AIESEC alumni who represent business, NGO and world leaders. AIESEC proudly count a Nobel Peace Prize laureate and numerous world, business and NGO leaders amongst its one million strong alumni community. To date, AIESEC has delivered over 4,80,000 internship and volunteering experiences, and it's all been led by young leaders who believe in making the world a better place.
ABS E-Bulletin August-2019 Page 16
Fit India Movement
Date of Event: 29th August, 2019 Topic:Health and fitness management Resource person :Dr. Shilpa Bhalgat Class/classes Involved : MBA II (A&B) No of Participants : 40 Venue : Seminar Hall Organizer faculties :Dr. Shilpa Bhalgat
The sessions on personal Health and fitness management and activities were conducted by Dr Shilpa Bhalgat in congruence with Fit India Movement by Hon. Prime Minister Shree Narendra Modi . The students were made aware about holistic meaning of health . She explained that Health is a state of complete physical, mental, social and spiritual health and merely absence of any disease or infirmity. For Physical Health- Balanced diet, Enough drinking of water, exercise, and sleep are important aspects. Hence good and healthy family relations and atmosphere, good friends, outdoor games and visits, healthy socializations, good and ethical mindset and behaviour , Satisfaction with self , competition with self and no comparison with others , venting outs etc are important requisites. For spiritual health – Moral values and beliefs, sense of ethics and ethical behaviour, Yoga and meditation, Positive thinking and happy thoughts etc required. However the sound mind lives in sound body....so for chasing the career or any success or being happy your Body Fitness comes first in place...... If I am FIT ....then...... INDIA is HIT. The live telecast was shown on LCD projector screen.
ABS E-Bulletin August-2019 Page 17 Faculty Article
Prof. Pooja Gholap Assistant Professor Ashoka Business School, Nashik
CREDIT RATING AGENCIES – PROTECTOR OF THE PREDATORS OR SUPPORTER OF THE INVESTORS?
The spectacular failure of Infrastructure Leasing & Financial Services Ltd. has suddenly focussed the attention on the role played by the Rating Agencies in India. In this context it would be worthwhile to look at the role played by these Agencies. Credit ratings are grades assigned to financial instruments by the Credit Rating Instruments (CRA). These grades signify the credibility of the issuer in terms of its ability to pay back the principal and interest on a regular basis. Funds are raised by private firms, institutions, organisations and even the government through various financial instruments The ratings given by these agencies serve as guidelines to investors for taking prudent decisions about investing. Rating symbol can be easily understood by an investor who needs no analytical knowledge and quick decisions about investment can be made in any particular rated security of a company by the investor. Ratings are given according to the perceived safety of an instrument ranging from AAA to D. “AAA” denotes the highest safety whereas D indicates high chances of default. The rating symbols carry information in easily recognisable manner for the benefit of investors to perceive risk involved while investing. The rating agencies charge fees from the Issuers of the financial instruments. This practice is called “ISSUER PAYS” model. This gives rise to the problem of conflict of interest. Dhirendra Kumar, CEO of Value Research says “"Investor is not protected if bond issuer signs the cheque". Saying this, he shines light on the role played by the credit rating agencies. As we follow the „issuer pays‟ model the issuers of the debt instrument pays for obtaining the ratings they expect and if, their expectations are not met or if they are not happy with the services provided by any agency they go to another one. This does not serve well for the investors as it only leads to achieving the goal of the company. Unrealistically optimistic ratings are at the root of every debt blowup.
ABS E-Bulletin August-2019 Page 18
Crisis of 2007-08 in the US and IL&FS crisis in India in 2018 are a few examples that should put a question mark in minds of the investors – whether the credit ratings given by these agencies are guiding or misguiding them. Do credit ratings that are meant to be a trust maker approving to be a trust breaker for an investor? The investor alone is responsible for choosing her investments notwithstanding the ratings given by the rating agencies – caveat emptor.
ABS E-Bulletin August-2019 Page 19
Faculty Achievement
Sr. Name of the Faculty Achievement Details No.
Book published " Digital 1 Business" , ISBN (PRINT): 978- Dr. Sarita Dhawle 93-88809-83-2 , EDITION: 1st - Associate Professor, ABS 2019.
Resource Person in FDP of 17th August 2019 Topic " QMS preparation for Internal Quality Audit (IQA-1) " at AEF -HE Wadala ,Nashik.
ABS E-Bulletin August-2019 Page 20
College News Published in Newspaper
21st August, 2019
ABS E-Bulletin August-2019 Page 21
ABS E-Bulletin August-2019 Page 22
Compiled by Mr. Ashwin S. Amrutkar Librarian Ashoka BUSINESS SCHOOL, Nashik
ABS E-Bulletin August-2019 Page 23