Inside this Issue

Editorial Board

Patron

Prof. Manish R. Mundada

Founder President, SaiBalaji Education Society

Chief Editor

Dr. S. N. Tiwary

Prof. & Director Academics SBES

Editors

Dr. Laxman Kumar Tripathy

Director, SaiBalaji International Institute of Management Sciences

Dr. Anand Deshmukh

Director, International Institute of Management and

Human Resource Development (W)

Advisory Committee

Dr. Sandip Sane

Director, International Institute of Management Studies

Members of Research Committee

Dr. Tripti Sahu

Prof. Smarjeet Das

Prof. Nitin Ranjan

Prof. Niharika Singh

SAI BALAJI EDUCATION SOCIETY’S

VOL. — I ISSUE — 5

.

THE VOLATILE MIND 1

TIPS FOR MANAGEMENT 2-4

ASPIRANTS TO IMPROVE

COMMUNICATION

TERM OF THE MONTH 4

THE PIG AND THE HORSE 4-5

REAL HAPPINESS 5

HOOKS AND CROOKS 5

CAMPUS @ GLANCE 6-7

HOOKS AND CROOKS…...

AUGUST 2013

इच्छा शक्ति क्रिया शक्ति ज्ञान शक्ति

Many investors are understandably

nervous when it comes to what the markets will do this week. Some are downright agitated.

My take? Keep calm. The markets are doing what they need to be doing right now. The big swings

we're experiencing lately are not a sign that the markets are broken.

The pullback we experienced last week was absolutely normal. Long overdue, in fact.

I'm actually glad to see the volatility because it means the markets are working normally. A little give and

take is absolutely essential when it comes to bigger gains and better re-

turns. So now on with the show...what is the biggest mistake you can make right

now?

Let me put it this way - it's something locked in our brains. And it loses in-vestors more money than every other

investment "problem" combined. Let me show you something:

The probability of correctly timing the stock market just 50% of the time.

Why are we so incredibly bad at some-thing that seems so basic? It's a "brain thing."

You hear a lot about the term volatility

when the markets jump like this. But most people don't really understand what it means. Volatility is simply a

measure of the variation in price of any financial instrument over time.

Unfortunately, the news has preconditioned

investors to understand it as a negative in-

fluence because volatility rises when

the markets drop. In fact, quite the opposite is true. Volatility is really an expression of

both up and down market move-ment. The key is in learning how to manage it so that your portfolio is not

disproportionately impacted by either big down days or lost opportunity

that comes from massive upswings. The swing resulted from market sen-timent.

Market Sentiment

The overall attitude of investors to-

ward a particular security or larger

financial market. Market sentiment is

the feeling or tone of a market, or its

crowd psychology, as revealed

through the activity and price move-

ment of the securities traded in that

market. For example, rising prices

would indicate a bullish market senti-

ment, while falling prices would indi-

cate a bearish market sentiment.

Market sentiment is also called

"investor sentiment" and is not al-

ways based on fundamentals.

Prof. Smarjeet Das

.

just stare at the pictures, try to fol-

low the way participants interact with each other, carefully observe their accent and also learn new

words from them. It is okay to watch movies sometimes but not always, a management aspirant

must watch some educative chan-nels to improve their general knowl-

edge as well as communication skills. Remember there is no end to learning. An individual can learn

new things at any age. While inter-acting with anyone, if you come across any unknown word, do not

feel shy or hesitate to find out its meaning. No one will make fun of

you, instead would appreciate you

for your initiative to learn more.

A child has to first learn alphabets to be able to make new words. In

the same way, for an effective com-munication one should be very clear with the basic concepts of

communication. Learn tenses, homophones, homographs, hetero-graphs, vowels, consonants, verbs,

phonetics as they are the stepping stones to an effective communica-

tion. Ignoring the above things will never let you communicate cor-rectly and effectively. Always adopt

a step by step approach.

Be patient. Don’t be in a hurry to

hone your communication skills in a day or so. There is no medicine or any magic stick which can improve

your communication skills in a day. You have to be patient and give your-self time. Never feel dejected if

Tips for Management As-

pirants to Improve Com-munication

Management Aspirant needs to mas-

ter his communication skills to per-form exceptionally well in their Busi-

ness school and prove his mettle while studying as well as in the cor-porate world. He should definitely

have an edge over the other candi-dates, if he has excellent and im-

pressive communication skills.

Let us go through some handy tips

to improve the communication skills:

Read a lot. Reading is the key to an effective communication. Pick up any magazine, journal, novel or for that

matter the daily newspaper and do make it a habit to read it aloud. It

has generally been observed that when an individual speaks, he falls short of words. The words are some-

where hidden in his brain and refuse to come out. When you read aloud, after sometime, words automatically

fall into your mouth and thus im-prove the communication skills. If

you come across any new word, do check out its meaning and try to add it in your speech the next time you

speak. Reading also enhances your general knowledge and makes you aware of what is happening around

you. Read anything which interests

you.

Who says Television is an Idiot

Box? One can gain a lot while watching Television. If you are

watching any talk show or inter-view of any great personality don’t

02

others speak better English than

you, instead learn from them and seek their guidance. It is rightly said” Practice makes a man per-

fect”. Practice a lot. Whatever lan-guage you want to master on, try to interact in the same language with

your friends and family for the per-fect flow of words. Never feel embar-

rassed if you are wrong, learn from your mistakes. Stand in front of the mirror and speak to yourself. Ask

yourself questions and answer

them. Be your own critic. It works.

One has to be very confident and

must adopt the right attitude.

Nothing is possible if you don’t have the right approach and atti-tude. Motivate yourself to commu-

nicate effectively. Whenever you learn a new word, treat yourself

with a chocolate.

Your thoughts ought to be very clear for an effective communica-

tion. Haphazard and unorganized thoughts lead to an ineffective com-

munication. Be very clear what you intend to communicate. Don’t just

speak for the sake of speaking. Carefully select sensible and rele-vant words to put your thoughts

into content to be shared with oth-ers. Don’t keep half of your words

in mouth, speak properly and clearly. You yourself have to be very clear with your thoughts for others

to understand it well. Design your content by keeping the audiences in mind and don’t make it compli-

cated. Keep it simple.

Be a patient listener. An individual

cannot be a good communicator, unless and until he is a good lis-tener. Never interrupt any speaker

in between The other individual might not be as learned as you, but you should always respect his opin-

ions. Even if the other person is wrong, don’t criticize him; instead

wait for your turn to speak. Always listen to the other side of the story and then only give your expert com-

ments.

A Management student throughout

his two years of academics has to do exceptionally well in presentations and

seminars. You just can’t escape them. One has to be a very good speaker to fair well in presentations and stand

apart from the crowd. Never ever panic and do create a friendly ambience

while delivering a presentation. One has to understand the importance of non verbal communication as well.

Keep a control on your hands and emotions while speaking. Don’t play with your pen or handkerchief and

never smile unnecessarily. Don’t start sweating in between presentations.

The audience will never bite you, so please do make an eye contact with them. Do not forget to greet them well

with a warm smile. Management doesn’t only mean learn-

ing the four P’s of marketing or cram-ming Philip Kotler. It’s much more than that. One needs to be an extro-

vert and must know how to brand oneself. You must know how to posi-tion yourself in the market place and

impress others. Be very careful about your pitch and tone. Never murmur

while speaking. Don’t speak too slowly or never be in a hurry to speak. Speak

loudly and clearly so that

you are audible to one and all. No one will notice you if your tone and pitch is not

clear and you will be lost in

the crowd.

One might be good in academics,

might be very intelligent, but to carve a niche in today’s competitive world,

one has to be an exceptionally good communicator. Impressive communi-cation skills coupled with your man-

agement program will definitely take you to the pinnacle of success. Always remember confidence, clarity in

thoughts, practice, good listening as well as reading skills are the main in-

gredients of good communication skills. One has to take good care of all the above to emerge as a winner and

rule the world.

Prof. Shipra Srivastava

There was a farmer who collected

horses; he only needed one more breed to complete his collection. One day, he found out that his neighbor

had the particular horse breed he needed. So, he constantly bothered his neighbor until he sold it to him. A

month later, the horse became ill and he called the veterinarian, who said:

- Well, your horse has a virus. He must take this medicine for three days. I'll come back on the 3rd day

and if he's not better, we're going to have to put him down. Nearby, the pig listened closely to

their conversation. The next day, they gave him the medi-

cine and left. The pig approached the horse and said: - Be strong, my friend. Get up or else

they're going to put you to sleep! On the second day, they gave him the

medicine and left. The pig came back and said: - Come on buddy, get up or else

you're going to die! Come on, I'll help you get up. Let's go! One, two, three... On the third day, they came to give

him the medicine and the vet said:

- Unfortunately, we're going to have to

put him down tomorrow. Otherwise, the virus might spread and infect the other horses.

After they left, the pig approached the horse and

said: - Listen pal, it's now or

never! Get up, come on! Have cour-

age! Come

04

TERM OF THE MONTH

STOCK

A share of a company held by an

individual or group. Corpora-tions raise capital by issuing stocks and entitle the stock owners (shareholders) to partial ownership of the corporation. Stocks are bought and sold on what is called an exchange. There are sev-eral types of stocks and the two most typical forms are preferred stock and common stock.

THE PIG AND THE HORSE

Get up! Get up! That's it, slowly!

Great! Come on, one, two, three... Good, good. Now faster, come on.... Fantastic! Run, run more! Yes! Yay!

Yes! You did it, you're a champion!!! All of a sudden, the owner came back, saw the horse running in the

field and began shouting: - It's a miracle! My horse is cured.

This deserves a party. Let's kill the pig! Points for reflection: this often hap-

pens in the workplace. Nobody truly knows which employee actually de-serves the merit of success, or who's

actually contributing the necessary support to make things happen.

LEARNING TO LIVE WITHOUT REC-OGNITION IS A SKILL! If anyone ever tells you that your

work is unprofessional, remember: amateurs built the Ark and profes-sionals built the Titanic

Prof. Shipra Srivastava.

Happiness lies in good health

Not in accumulation of wealth Happiness lies in caring for others Like dear friends and brothers

Happiness lies in sharing Not is amassing Happiness is the state of mind

Nowhere else you can find Enjoy the moment, live the life

Settle score and end the strife Happiness is the journey not destina-tion

Happiness Is doing what is your fasci-nation Happiness is doing what you like

Sleeping, walking, running and riding a bike

Happiness will come near When you will venture without fear Render service that you can

Live a life that adorn a man

HOOKS AND CROOKS…...

Real happiness

SBES inaugurated orientation program for 2013-15 batch of MBA with the hands of

Brig. Mr. Ajit Apte, VP-HR Deepak Nitrite Ltd. (Chief Guest) on 15th July 2013. On

the occasion parents of newly admitted students and students of senior batch were also

present in large number.

PGDM Students were taken to Durshet for outbound program as a valediction of 15

days orientation program

To build management skills, Students of SBES were taken to the movie “Bhag Milkha

Bhag”.

Students took a tour of Pune city on 27th July and got acquainted with the city

For making students familiar with the corporate environment, the Institute organized

many guest lectures

Speakers for 1st Week of July 2013

1st July – Mr. Carsten Bauer - GM Mercedes Benz India (Chief Guest)

Ms. Kozue Irei, Head – Business Development India SKK (s) Pte. Ltd. (Guest of Honor)

Mr. Shrirang Pundlik (Motivational Speaker) - 11.45 PM to 1.00 PM

2nd July - Mr.Viraj Raviraj Hardas, Regional Head, Marketing Toshiba India - 5.15 PM to 6.45

PM

3rd July - Mr.Jojivalli Joseph (Motivational) - 5.15 PM to 6.45 PM

4th July - Mr.Sachin Vaidya, Managing Director, Sahir Projects. - 5.15 PM to 6.45 PM

5th July -

Mr. Devarajan - Director, Globe-ops Mumbai - 2.30 PM to 4.00 PM

Mr. Sunil Suji - Director - HR, Oberoi Trident - 4.00 PM to 5.00 PM

Speakers for 2nd Week of July 2013 is as below –

8th July - Ms. Taninder Kaur, HR Manager - Talent Acquistion, Honey Well India - 5.15 PM

to 6.45 PM

11th July - Ms. Tripti Awade, Entrepreneur (Motivational) - 5.15 PM to 6.45 PM

13th July - Mr. Vineet Ahuja, Senior Manager, Accenture Consulting. - 1st Half.

The speakers for 3rd Week of July 2013 is as below -

15th July - Brig. Mr. Ajit Apte, VP-HR Deepak Nitrite Ltd.

16th July - Mr. Dominic Mendonca, Ex-HR Tata Motors.

17th July - Ms. Monika Shah Singh, HR Manager, Shimizu Corporation Pvt. Ltd.

26th July - Mr. Aniket Kadam, Entrepreneur.

30th July - Ms. Priyanka Gupta, Entrepreneur, Founder, MC-Well Consultancy.

06

CAMPUS @ GLANCE

VOL.-I ISSUE-5

EconomIC fragrancE RBI released the First Quarter Review of Mone-

tary Policy for 2013-14

RBI released the First Quarter Review of Monetary

Policy for 2013-14 on 30 July 2013. The highlights

are as following:

• The repo rate was kept unchanged at 7.25 percent.

• Reverse repo remains at 6.25 percent.

• Cash reserve ratio unchanged at 4.00 percent

• Keeps Marginal Standing Facility rate at 10.25 per-

cent.

• Bank rate stands at 10.25 percent.

FIPB Cleared Jet-Etihad Deal; But With Certain Conditions The Foreign Investment Promotion Board (FIPB) on 29 July 2013 cleared the

proposal of Jet Airways to sell 24 percent stake to Abu Dhabi-based Etihad.

With this clearance, Jet-Etihad deal has become the

first one after the Union Government of India relaxed

the FDI rules for aviation sector in the year 2012. The

Economic Affairs Secretary Arvind Mayaram announced

that the Jet-Etihad deal was approved after the FIPB meeting, but with certain

conditions.

Conditions Imposed-----• According to the first condition, both Jet Airways as

well as Etihad need to settle any dispute between them under the Indian law

and not under the English common law as it was proposed originally.

• Apart from this condition, both the companies also need to get the prior FIPB

India’s First Hydrogen-Powered Fuel Cell Bus Developed by

ISRO and Tata Motors

Tata Motors Limited (TML) and Indian

Space Research Organisation, in collabo-

ration, developed the first Hydrogen-

powered automobile bus of India, after

various years of research. The first hy-

drogen fuel-fitted bus of India was put

on demonstration at the ISRO facility- Liquid Propulsion Systems Centre in

Mahendragiri in Tamil Nadu on 28 July 2013.

Four Indian Americans won Simons

Investigators Awards 2013 Four Indian-American Professors Kannan

Soundararajan, Rajeev Alur, Salil P Vadhan and Senthil Todadri in fourth

week of July 2013 won Simons Investigators Awards 2013. Apart from these, 9

other mathematicians, theoretical physicists and theoretical computer scien-

tists were also selected for the Simons Investigators Awards for their cutting

edge research.

British Airways to launch Flights from Hyderabad to London

British airways is the UK-based premium air-

line announced that it intends to increase its

flight frequency from Hyderabad to London by

having daily flights. The daily flights will be op-

erated by a Boeing 777. For British Airways,

Hyderabad is truly a key market in their South

Asian network. It has shown tremendous

growth in the market since 2008, which resulted in concerted growth in the

outbound business and leisure tourism.

8

09 VOL.-I ISSUE-5

PUNE DARSHAN and Movie Show!

Celeberations

10

इच्छा शक्ति क्रिया शक्ति ज्ञान शक्ति

Published by:

SaiBalaji Group of Institutions, Pune IIMS, SBIIMS, IIMHRD(W)

Address:

S. No. 54, Nere Dattawadi, Near Hinjewadi IT Park,

Tal — Mulshi, Dist. Pune –411033

TRIP TO DURSHET…..