Message from Reena Dsilva Content

Keeping a tab on the world of business

Vol VII

1

April-May 2013

Content

Message from Reena Dsilva.......1

Recap ......................................... �2

GBC final round

Revision Lectures ..........................3

Faculty Development Program........3

Up Next .................................... 4

Whiz competition

Referral Campaign ��

Guest Column .......................... 5

Latest Vacancies on CIMA MYJOBS .......................................6

Important Dates ........................6

CIMA Applause – March 2013 (resit ).....................7

New Members – March April 2013.........................7

CIMA Business Leaders Submit – 2013.............................8

CIMA in news..............................8

Contact Details...........................9

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In the year 2013, five more universities have shown interest in partnering with CIMA to offer the qualification as an option to their undergraduate students.

Dear CIMA Students and Members, at select centres. We have also now introduced strategic level re-sits on PC in Welcome to the seventh edition of CIMA March and September. Pulse. It gives us immense pleasure to

connect with you through this bi-monthly There are now a large number of students newsletter. therefore, who are at the TOPCIMA or Exams

complete stage. PER workshops over web For those who don't know me yet, I am conferences have been started to help them Reena Dsilva and I head the Student & file their membership applications. We are Member team at CIMA in India. also working towards conducting face-to-

It is therefore my pleasure and privilege to face membership assessments in India, by write the introduction to this edition of Pulse the end of the year. and to update you on the activities &

We have 24 new members joining the global milestone achievements of the Student and network of CGMA ACMA professionals so far Member Support team in 2013! Congratulations on acquiring the

The student and member support team is CIMA Membership responsible for ensuring that you remain

In the calendar for the rest of the year are engaged with CIMA, are supported to CPD activities for members, the India complete your qualification and acquire Membership Advisory Committee, a photo membership. We also support new students shoot in Bangalore, to add to our repository to register with CIMA. We conduct a number of student and member testimonials and of activities to meet these objectives, many more exciting new initiatives. such as revision lectures, PER workshops,

CPD activities and networking events, Most of our initiatives are borne by your member testimonials and case studies, ideas and feedback and implemented due to counselling and registration support for your support. So please keep the feedback new students, etc. and opinion coming in. We would love to see,

hear and meet you at our various online and I am ably supported by other two team offline forums. members – Tasneem Kapasi – who takes of

prospects and new students and Sweedrina Always, feel free to get in touch with me or Dsouza, who supports existing students the Student and Member support team at and members. [email protected] .

This year, our activities have helped to see a Hope you enjoy this edition.considerable increase in the number of Regards,students appearing for the May 2013 exam

Reena Dsilvadiet, as compared to previous exam diets. Manager – Student and Member SupportTop CIMA exams are now held four times a CIMA India.year, of which two diets are PC based exams

Message from Reena DsilvaStudent and Member Support Manager


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last four years, the 5th edition of the CIMA GBC 2013, witnessed over 470 teams from various colleges of immense repute across India registering for the competition. This year's case challenge is based on the Toy industry.

The finalists went through a rigorous selection process, which included a case study report submission and a regional final before they made it to the India Finals. The Ambers from IIT Delhi was declared the winner by a panel of eminent judges comprising of Mr. Sridhar Ramamurthy, CFO, Hindustan Unilever, Ms. Deepa Dev, Director – Finance, Barclays Bank Plc, Mr. Ramesh Swaminathan, CFO, Lupin Pharma, Mr. Siddharth Viswanath, Executive Director & Partner, PricewaterhouseCoopers (PWC), Mr. Neville Dumasia, Partner & National Leader, Risk Advisory services, Ernst & Young and Mr. Sumit Dhanuka, Senior Manager, Ncubate Capital Partners.

The winning team will represent India and compete with teams from 25 countries at the Global Finals to be held in South Africa in August 2013. The 2013 CIMA Global Business Challenge was sponsored by Barclays India, the official partner for this competition.

We thank all the CIMA students and members who helped us evaluate the case study submissions and the regional and national finals of the Global Business Challenge 2013.

The Ambers from IIT Delhi emerge champions at the India Finale of the Global Business Challenge 2013 The winning team will represent India at the Global Finals scheduled in South Africa

08 April 2013, Mumbai: (CIMA) announced The Ambers from IIT Delhi as the winners of the India finale at the CIMA Global Business Challenge 2013, held at Mumbai. The day witnessed interesting ideas from participants and in-depth insights from industry representatives on the Toy industry. The winning team was declared after a competitive presentation and will now contend at the Global finals in South Africa with winning teams from 24 other countries.

The eight teams that qualified for the national finals were - NIT Surathkal, Loyola College, IIT Guwahati, IIT BHU Varanasi, Sardar Patel Institute of Technology, Narsee Monjee College of Commerce and Economics, IIT Delhi and Shri Ram College of Commerce.

This year, CIMA also announced additional awards apart from the Winners and Runners-up awards, like the Best Video and the Best Speaker awards. While Sahebjeet Singh Arora from the winning team won the Best Speaker award, Shri Ram College of Commerce won the Best Video award. Narsee Monjee College of Commerce and Economics were declared runner-ups of GBC 2013.

The 5th CIMA GBC 2013, a unique global case study competition for undergraduates, flagged off with a huge response from students across the country. After an unparalleled success for the

GBC final round

Winning team

Runner-up team


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Dear Reena,Thank You very much for arranging such a wonderful session on Performance Strategy. Thanks & RegardsHemant

Dear Reena,Thank you very much for conducting the F2 session. It was very helpful.RegardsAmla Kadwadkar

Thank you Reena, The study material itself for E3 is very helpful. Thanks,Nupur

Hi Reena,Thank you very much for organising the E3 session. It was a wonderful session. Regards,Mahesha

As a continuation to our efforts to support students, revision sessions were conducted via Web conferencing for the May 2013 Exam diet. The web conferencing facility used for this purpose is interactive and students can see and speak to the trainer, during the session. Its convenience has increased the geographical reach of the lectures as well as the number of participants.

Lectures were conducted for almost all the papers at the operational, management and strategic level, on weekends from April 20th to May 15th, 2013. These were supplemented by lectures conducted by the CIMA Sri Lanka office, on their new M Learning platform. This platform is also an interactive web conference based set up for revision lectures.

Some of the feedbacks shared by our students:I would like to thank you all for the support being provided for the Strategy level May-13 examinations. Also, yesterday's P3 revision class was very helpful.

Overall E3 & P3 revision classes have been very informative and provided an overall understanding of the requirement for the examination.

RegardsMukund

Revision Lectures

We at CIMA India have been working closely with Learning Partners across the country to ensure better progression of CIMA students. To enable the partners with the latest developments in CIMA curriculum and exam taking strategies, we organised a Faculty Development Program (FDP) in Mumbai and Bangalore in the last week of May. MMM Tariq, the renowned specialist faculty from Sri Lanka, conducted the program that was spread over 16 hours across 2 days in each location. Apart from the hosting cities, FDP 2013 had more than 50 participants from cities like Kolkata, Delhi, Ahmedabad, Hyderabad, Chennai and Kochi.

The specific focus of the program was on Gateway routes for professionally qualified. During a course of interactive discussions, Tariq highlighted how CIMA evaluators look at specific answers. The participants discovered ways of answering

Faculty Development Program

the application based questions and valuable tips on how to maximise the chances of their students passing the CIMA exam.

1st June City Finals – Chennai 8th June City Finals – Delhi

15th June City Finals - Mumbai

22nd June City Finals - Bangalore

29th June National Finals - Mumbai

Dates Event

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A case study competition for professionals working in different job roles across reputed organisations nationally. The competition aims to bring together tomorrow's business leaders

on one common platform and help them “think and take decisions like a business leader”.

The Whiz competition will challenge the participants to evaluate an industry based business scenario. The emphasis on the evaluation would be on – analysis, judgment & creativity based on the financial and non–financial data provided in the business scenario.

The competition has received extremely good response from the industry with more than 150 teams registering for the competition from more than 50 leading organisations. Some of

the organisations that participated were , Ashok Leyland, American Express, Cognizant, Essar Genpact, JCB, L&T, Prudential Infosys, Shell, SCOPE, TVs Unilever, Vodafone, WNS etc.

The competition schedule is as below:

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As we go to press, teams from Ashok Leyland and Scope have won the Chennai city finals. American Express and Genpact have won the Delhi city finals. We wish participants at Mumbai and Bangalore the very best of luck !

Referral Campaign

We are pleased to initiate the Referral Campaign for June - July 2013.

If you have a friend or colleague who can benefit from the CIMA qualification, all you need to do is visit

and complete the form by 25th July 2013.

If your friend registers before 31st July 2013, as a token of appreciation, you stand to receive exciting gifts.

Gifts:

1) Student – for each registration, you stand to win Rs 2000 book voucher

2) Member – for each registration, you stand to win Rs 2000 CROMA voucher

3) Over and above, this 1 student and 1 member (with maximum referral registrations) would receive an iPad.

4) T&C applicable

https://secure.cimaglobal.com/Our-locations/India1/Refer-a-student

Terms & Conditions for the iPad contest :

1) Minimum of 3 references should register before July 31, 2013

2) In case of more than one student being eligible, there would be a lucky draw.

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corruption and general unethical concerns. The Whistleblower Protection Bill was passed in December 2011 with the intention of protecting both whistleblowers against retaliation and businesses from false or malicious complaints. While the bill vows to act against seeking reprisal, it doesn't outline penalties or punishments for federal officials found guilty of doing so and it doesn't allow for anonymity. It also fails to define key terms like victimisation, leaving too much room for contextualisation, interpretation and subsequent misuse of the law.

number of people we cover for the region, Whistleblowing is historically an area of The Bill is mainly concerned with the call volumes are still relatively low- we cultural contention in India, though things safeguarding those exposing corruption deem India to be an emerging are beginning to change. The reticence from public officials but commentators whistleblowing market.stems from post-colonial times and the believe, if the Bill is implemented correctly,

general attitude of mistrust towards line it could have wider implications for the The vast majority of the reports Expolink management, reported unethical private sector – it could become a useful get from India relate to general grievances behaviour by officials and a lack of faith working model for successive schemes that and HR issues. Far less common are more that business leaders will take reported benefit employees from all sectors. serious reports relating to bribery, concerns seriously and fear of retaliation. particularly facilitation payments to public Read more articles about whistleblowing at

officials. This is considered ethically The Companies Act does not yet contain a questionable, and of course illegal, but an provision that makes it mandatory for effective way of speeding up a process or companies to have whistleblowing policies transaction. Our data shows that males and any moves to make it so have come to employees report considerably more than nothing. Under Clause 177 of the Act every women. Women feel much more reluctant listed company must establish a vigil to report and require reassurance that they mechanism for directors and employees to are doing the right thing when they do so. report genuine concerns. Such a channel is It is notable on our communications with the first step though effective whistleblowers from India that they implementation and protection proactively seek feedback on reports that mechanisms are the true litmus test of a they have made, particularly if clients well-functioning whistleblowing process. haven't been forthcoming or the Too often hotlines are adopted in a whistleblower feels the investigation is tokenistic manner with no board taking an unnecessarily long time. This is involvement, weak investigation processes encouraging and shows a faith in the and poor communication regarding process.accessibility, protection and general rights.

Subsequently, management bury their There is a cultural change occurring, heads in the sand, convinced their business though not due to western influence as plays no part in the corruption that blights some might expect. Attitudes are shifting the subcontinent. towards encouraging and fostering ethical

behaviours and accountability, awareness What our whistleblowing data showsof individual rights and expectations within Expolink cover around 750, 000 the workplace. The government and employees, contractors and third party judiciary are also reviewing initiatives to suppliers throughout the subcontinent, in tackle, and raise awareness about, 29 Indian languages. Considering the

www.expolink.co.uk/blog.

Disclaimer: The views expressed in this article are that of the author and are not necessarily representative of CIMA's views.


Kirsty MatthewsonMarketing ManagerExpolink Europe

Kirsty Matthewson is Marketing Manager and Senior Copywriter at Expolink Europe Ltd. Kirsty is responsible for managing external and internal communications across three business sectors at Expolink, including a respected industry blog. Kirsty also writes for CSR Wire, the Corporate Social Responsibility website and ICSA.

Kirsty's specialisms include whistleblowing, corporate governance, business ethics and risk.

Expolink provides a Global Guidance Line service to CIMA members and students, aimed at regions outside the UK and ROI. This is not a reporting line or substitute for legal advice, but it may help guide you in deciding next steps with regard to an ethical concern. Find out more at www.cimaglobal.com/helplines

Whistleblowing in India

Guest Column

Important Dates

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Latest Vacancies on CIMA MYJOBS


For more vacancies, log on to http://myjobs.cimaglobal.com

Designation : Executive-MIS Organisation : Meru CabsLocation : MumbaiQualification : CIMA part qualifiedLink : http://myjobs.cimaglobal.com/

searchjobs/?keyword=&Location=1320

APPLY

Current opportunities for CIMA qualified professionals

2013 Exams dates - November 2013 Paper Based

Closing date for Exemption Application 31 July

Exam entry opening 1 August

Exam entry deadline 13 September

Pre-seen material for tutors/students Mid July

Admission advice Week commencing 14 October

Exam days 19, 20, 21 November

2013 Exams dates - September 2013 Exam Dates

Exam entry deadline 19 July

Deadline for applying for extra exam time 24 July

Pre-seen material for tutors/students Mid July

Exam fee deadline 9 August

Admission advice week commencing 12 August

Exam days 27, 28, 29, 30, 31 August

Exam results released 20 September

You can also view the 2013 exam dates and deadlines by visitinghttp://www.cimaglobal.com/Our-locations/Ireland/CIMAachieve/2012-exam-dates-and-deadlines/

CIMA Applause! March Resit 2013 (paper based)

CIMA is delighted to announce the names of students who have achieved top ranks in the various papers of the March Resit exams.

Congratulations! You make us proud!

Test for Professional Competence T4 Part B Case Study

Strategic Level Paper

Mr Moiz Izzy T4 Part B Case Study Examination 1

Ms Jyoti Mehta T4 Part B Case Study Examination 2

Mr Pradeep D T4 Part B Case Study Examination 2

Mr Vinod Gopalakrishnan E3 Enterprise Strategy 1

Mr Jaganathan Ramachandran E3 Enterprise Strategy 2

Mr Prashant Ojha F3 Financial Strategy 1

Mr Rupesh Anand F3 Financial Strategy 2

Ms Priyal Bhosale P3 Performance Strategy 1

Mr Rajesh Paliwal P3 Performance Strategy 2

Paper Name Country RankName


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Name Designatory Letters

Mr Manoj Kumar

Mr Shrenik Shah ACMA, CGMA

Mr Chandan Khaitan ACMA, CGMA

Ms Gauri Vaidya ACMA, CGMA

Mr Jitendra Pipara ACMA, CGMA

Mr Balaji Anand ACMA, CGMA

Mr Anand Sharma ACMA, CGMA

Mr Syam Sunder Gunda ACMA, CGMA

ACMA, CGMA

New Members, March - April 2013CIMA Congratulates all new members for earning their ACMA, CGMA designation.


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CIMA in News

CIMA Members from India on the Board. Here is a quick update of all members from CIMA on the global/regional council and board of CIMA

Phillie Karkaria, FCMA, CGMA, Executive Director - Tata Reality and Infrastructure Ltd and on the CIMA Council since 2012.

Ravichandran Venkataraman, ACMA, CGMA, SVP – Global Business Services, HP – Technology & Operations, Member Global Markets Committee, CIMA

Sriram Kameshwar, ACMA, CGMA, Director - Finance and Corporate Facilities, Prudential Process Management, Member MESANA Board

Girish Bhat, ACMA, CGMA, CFO - Gammon India Limited, Deputy Chairman MESANA Board

A survey of 100 best companies helped conclude that efficient leadership is the driving force when it comes to business growth.This CIMA leadership conference will address how individuals can do things differently in order to be excellent leaders of tomorrow.Read more about this upcoming event at; https://docs.google.com/file/d/0B7hYdIAO7nM9d0JFSi1MVTJERXc/edit?pli=1

CIMA Business Leaders Summit 2013! 1-2, July, 2013.Cinnamon Grand, Colombo


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Contact CIMA India Representative as per region

Lata Murli Priyanka [email protected] [email protected] 99005 99803 47403

Bhagyalakshmi Althea [email protected] [email protected] 38671 87544 44931

Fenil Vadakken [email protected] 05818

Aditi [email protected] 41841

Saifuddin [email protected] 41550

Student and Member Support TeamTasneem Kapasi Sweedrina Dsouza

[email protected] [email protected] 4237 0111 022- 4237 0105

Reena [email protected] 4237 0110

Thank You To Mark Bevan, ACMA, CGMA for his continued support to Pulse and for being our editor, mentor and biggest supporter!

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Message from Reena Dsilva Content