K J Somaiya Institute of Management

International Business Society

Annual Report 2021-2022

 Introduction
International Business Society (IBS) is a student driven committee at K J Somaiya
Institute of Management, Mumbai. It strives to amalgamate traditional academic
learning with practical insights gained from a global perspective. IBS works towards
enhancing students’ knowledge to help keep them updated with International news,
global events, and current trends.

Through its various events and undertakings, the International Business Society offers
a range of opportunities to the students in order to help them develop their
managerial skills as well as to equip them with knowledge and insight of multiple and
varied quarters that will go on to prove beneficial to them in their future careers. It
provides opportunities for students to interact with Industry leaders and experts along
with students from across the borders.

It aims to complement classroom learning through interaction with senior corporate

executives & industry experts engaged in International Business for understanding
evolving international trends and best practices. The society encourages interaction of
the International Business Community with the B-School Community and Industry.
IBS is determined to enrich the college experience of students by creating a smooth
transition into the global marketplace for them. It promotes awareness about the
global business environment, offers a platform to connect with business students from
all around the world and encourages students to develop leadership skills.
Vision

To bridge the gap between the industry and students especially in the domain of
international business.

Mission

To increase the business and foreign affairs acumen by providing platform to share &
disseminate the domain knowledge of various facets of international business.
Our mission is to inculcate managerial & leadership skill in the students by giving
them the opportunity to explore various business events and activities with global
perspective.
 Acknowledgement

Dr. Monica Khanna

Director
K J Somaiya Institute of Management

Dr. Monica Khanna is the Director of K J Somaiya Institute of Management, Mumbai,

with an academic teaching and research experience of around 23 years in Marketing,
Strategic Brand Management, Marketing Research, and Services Marketing. She has
been associated as a visiting faculty at various national and international institutions.
Dr. Monica is a B.Tech. (Electrical) from National Institute of Technology, Warangal,
MMS (Marketing) from NMIMS under the university of Mumbai and a PhD from the
University of Pune. She has an industry experience of 4 years in Engineering &
Industrial Automation with Siemens Limited, Mumbai.

We would like to express our gratitude for her steadfast support and continuous
encouragement in all our pursuits and initiatives through the academic year.
 Acknowledgement
Prof. Isaac Jacob is a Marketing and
Advertising veteran with an industry
career spanning over 30 years. He has
worked across all the marketing
hierarchy from a sales associate to a CEO
assuming leadership responsibilities
across sales management, brand
management, marketing, and general
management. He holds a Post- Graduate
Degree in Economics from the University
of Mumbai and is an MBA rank holder
from Jamnalal Bajaj Institute of
Management Studies (Mumbai
Professor Isaac Jacob University). He has taken up teaching full
Professor and HOD time for the past 13 years, and he has
Marketing and International Business 18,000+ citations to his credit and has co-
authored five books.

We would like to express our gratitude for his continuous support, encouragement and
guidance in all our pursuits and initiatives through the academic year that has helped
the committee achieve new heights.

We would also like to extend our heartfelt gratitude towards the IT and the
Administration department for helping us in conducting and executing every
event smoothly. A sincere thanks to Minal Ma'am from Administration
department for her support and guidance throughout the online journey
which helped in the easy conduct of the committee's day to day activities.
 Chairperson's Message

Dr. Bolia has worked in the corporate sector for over a

decade with organizations like A V Birla Group, ICICI Bank,
BHW Home Finance Ltd & ICICI Prudential Life Insurance
Co Ltd. Currently he is associated with K J Somaiya
Institute of Management, Mumbai since February 2010 in
the department of Marketing & International Business. He
has also served as a visiting faculty with IIM Trichy & NITIE
and has delivered over 170 hours of training sessions to
over 1100 participants of various categories such as
Dr, Brajesh Bolia
Branch Heads, Managers, Business Centre Heads, etc.
Chairperson
International Business
Society

International Business Society at KJ Somaiya Institute of Management is a powerhouse

committee involved in bringing the world in different ways to the doors of our
institute. The enthusiastic team members with highly involved leaders are consistent in
their efforts to deliver robust and insightful events such as IB Summit, Commercio - a
Country Entry Analysis Competition among national level B school teams, International
Student Exchange Interaction, Industry Peek and their monthly & annual magazines
"International Brew" & “E-Globuzz” for International & National current events. The IBS
team is involved in attracting business leaders from across the world to conduct
interactive sessions for the students at the institute providing exposure to the precious
and valuable knowledge matter concerning International Business. IBS team acts as a
smooth bridge between foreign national students residing at the campus and the
institute's students. I wish the highly impressive team all good wishes for raising the
benchmarks as always".

- Dr, Brajesh Bolia

We would like to express our gratitude for his continuous support, encouragement and
guidance in all our pursuits and initiatives through the academic year that has helped
the committee achieve new heights.
 Co-Chairperson's Message

Dr. Upadhyay is the General Management faculty at K J SIM

with two Ph.D. (from India and China). He has more than
18 years of industry experience in India and abroad. He is
also Director of International Relations for Somaiya
Vidyavihar University. Since 2019, Dr. Upadhyay is the
Chairperson for Funded Research Projects and institute
coordinator for Scheme for Promotion of Academic and
Research Collaboration (SPARC).
Dr, Satyendra Upadhyay
He was awarded MHRD, Govt. of India Scholarship
Co-Chairperson
(International Cultural Exchange Program) for Ph.D.
International Business
research (2000-04) and "The Pillar of Hindustanee
Society
Society" by Trans Asian Chamber of Commerce and
Industry in 2015.

The International Relations Team working under IBS has been great support in
organising the IR activities in KJ Somaiya Institute of Management. Team has helped in
organising a workshop on International Relations and Diplomacy (9th-16th Sept, 2021).
Team also played significant role in spreading awareness of semester exchange
program with partner universities. They conducted a panel discussion with students
who has competed semester abroad, this became one ready reference future students
applying for international exchange program. Each member of team worked brilliantly
and wishing all of them a very bright future and success in career ahead.

- Dr. Satyendra Upadhyay

We would like to express our gratitude for his continuous support, encouragement and
guidance in all our pursuits and initiatives through the academic year that has helped
the committee achieve new heights.
 Co-Chairperson's Message

Prof. Ravindra Baliga is a Mechanical Engineer with post-

graduate qualifications in Management from SP Jain
Institute of Management and Research, Mumbai. He has
worked in leading companies in Steel (Tata Steel),
Pharma, FMCG (Godrej Sara Lee Limited, JL Morison), Bio-
Medical and printing Industries (Repro India Ltd). His
techno-commercial experience of over 23 years was both
at a strategic and tactical level, the areas he has worked
in were Shopfloor Management, Factory Management,
Prof, Ravindra Baliga
Overseas projects (Sri Lanka, Dubai, and Africa), Logistics
Co-Chairperson
and Distribution, Purchase and Materials Management.
International Business
Because of an interest in academics, he joined KJ Somaiya
Society
Institute of Management as a full-time faculty in
Operations and SCM. He has successfully defended his thesis in the area of SCM
during March 2020, leading to the award of the degree of Fellow of NITIE (equivalent to
PhD).

Today's world is highly globalised, and the supply chains are widely dispersed, creating
opportunities for many. IBS has conducted several case competitions and Round Table
conferences and published the monthly "International Brew" E-magazine, which has
helped the students of KJSIM to be aware of the realities of globalisation. I want to
congratulate the students of the IBS Team, who have worked with pioneering zeal to
understand the trends in the international business environment. Congratulations again,
and keep up the excellent work!

- Prof. Ravindra Baliga

We would like to express our heartfelt gratitude for his continuous support,
enthusiastic participation, encouragement and guidance in all our events and activities
throughout the academic year that has enabled the committee to elevate its
performance.
 Senior Team IBS (2021-22)

Sakshi Jalan Kriti Agrawal Pranay Choudhary

MBA B MBA IB MBA IB
Co-Convener Convener Co-Convener

Niti Gaba Tanya Nayyar Pratik Patel Daivat Bhagat Tanushree Maroo
MBA D MBA D MBA D MBA IB MBA IB
Social Media Co-Head Social Media Co-Head Publications Co-Head Publications Co-Head External Assoc. Co-Head

Neelanshu Sunil Ritvij Tripathi Dimple Otwani Akshita Gupta Shreyasvi Verma
MBA B MBA C MBA B MBA A MBA HCM
External Assoc. Co-Head Events Co-Head Events Co-Head Int'l Relations Co-Head Int'l Relations Co-Head

Himanshu Sharma Souvik Bose Utkarsha Mehrotra Nandini Jhamb Swapnil Gupta
MBA IB MBA FS MBA IB MBA A MBA B
Senior Member Senior Member Senior Member Senior Member Senior Member

Sejal Talesara Hitesh Tiwari Madhulika Patole Abhishek Khadgi Siddharth Jain
MBA IB MBA C MBA B MBA RM MBA IB
Senior Member Senior Member Senior Member Senior Member Senior Member
 Junior Team IBS (2021-22)

Saumya Bhagwat Yash Munot Priyanka Acharekar Aditya Gupta Dev Sheth
MBA A MBA A MBA A MBA B MBA B

Anurag Pandya Subhjyoti Dey Yash Jawale Hrishikesh Chavan Chaheti Ora
MBA C MBA C MBA C MBA C MBA D

Shelly Isha Jain Dhruv Pawan Anurag Vaidya Rohan Sharma

MBA D MBA FS MBA HCM MBA IB MBA IB

Aditya Mulye Shloka Naudiyal Harsh Chhabria

MBA IB MBA IB MBA IB

Abhilasha Vrinda Maheshwari Khushi Kushwaha

MBA IB MBA IB MBA RM
 Publications

International Business Society through its ‘Publication’

vertical delivers a truly unique insight into the global
corporate world by covering the full range of marketplace
topics in its monthly and annual publications. These digital
publications focus on keeping readers up to date with the
latest developments in business and economic current affairs
around the globe.
 International Brew
The ‘International Brew’ or ‘I Brew’ is published monthly and aims to help readers stay
informed with insights and in-depth analysis on the people, companies, events, and
trends shaping today's market.

The 'Cover Story' emphasizes coverage of the most relevant international event during
a particular month. News coverage ranges from the rise of cryptocurrencies to the
recent conflict between Russia and Ukraine. The 'World News' and 'Business News'
sections give an insight into the latest international political and business happenings.

We discuss a significant individual who has been in the media spotlight recently
thanks to their work, words, or actions in the 'Personality in Focus' section. The 'India
and the World' section discusses India's historical, diplomatic, social and cultural
relations with a particular country. Next, ‘Special Coverage’ reports on recent summits,
conferences, and other global issues. Topics covered range from The AUKUS Impact to
the United Nations Climate Change Conference 2021.

Our 'Industry Insights' section connects readers with industry professionals and
experts to shed some light on the corporate work culture and the skills necessary to
bridge the gap between academia and corporate. Lastly, the 'Trivia' section puts
readers' knowledge and understanding of the international and business news to test
through crossword puzzles and logo quizzes.

A brief glimpse of the many monthly digital magazines published throughout the year:

Issue 31 - Published on: April 2, 2021
Content:
1. Cover Story - Special
Purpose Acquisition
Company
2. World News
3. Personality in Focus -
Sheikh Hassina
4. Business News
5. India and the World -
Republic of Korea
6. Industry Insights with
Rishabh Agrawal
Issue 32 - Published on: July 7, 2021
Content:
1. Cover Story - The EU
Digital Covid Certificate
2. World News
3. Personality in Focus -
Jeff Bezos
4. Business News
5. India and the World - Sri
Lanka
6. Industry Insights with
Dhriti Trivedi
Issue 33 - Published on: August 4, 2022
Content:
1. Cover Story - Space Wars
2. World & Business News
3. Personality in Focus -
Larry Chen
4. India and the World -
Afghanistan
5. Special Coverage - Tokyo
Olympics 2020
6. Industry Insights with
Ruchi Agarwal
7. Trivia
Issue 35 - Published on: October 5, 2021
Content:
1. Cover Story - UK Fuel
Crisis
2. World & Business News
3. Personality in Focus - Xu
Jiayin
4. India and the World -
Saudi Arabia
5. Special Coverage - The
AUKUS Impact
6. Industry Insights with
Tanmay Bhagwat
Issue 34 - Published on: September 5, 2021
Content:
1. Cover Story - Kabul Has
Fallen
2. Personality in Focus -
Jerome Powell
3. India @ 75 -
Independence Day Spl
4. India's Journey at Tokyo
2020 Olympics &
Paralympics Games
5. Industry Insights with
Nimit Minda
Issue 36 - Published on: November 3, 2021
Content:
1. Cover Story - The Rise of
Cryptocurrency
2. World & Business News
3. Personality in Focus -
Mark Zuckerberg
4. India and the World -
Germany
5. Special Coverage - UN
Climate Change
Conference 2021
6. Industry Insights with
Suvendu Indra
Issue 37 - Published on: December 4, 2021
Content:
1. Cover Story - Digitizing
the Indian Rupee
2. World & Business News
3. Personality in Focus -
Peng Shuai
4. India and the World -
Denmark
5. Special Coverage - IB
Summit 2021
6. Industry Insights with
Chirag Negi
Issue 39 - Published on: February 5, 2022
Content:
1. Cover Story - Fed's
Impact on Global Markets
2. World & Business News
3. Personality in Focus -
Peter Thiel
4. India and the World -
Singapore
5. Special Coverage - India
- Central Asia Summit
6. Industry Insights with
Radhika Vyawahare
7. Trivia
Issue 38 - Published on: January 4, 2022
Content:
1. Cover Story - The Lira
Crisis
2. World & Business News
3. Personality in Focus -
Leena Nair
4. India and the World -
Israel
5. Special Coverage -
Democracy Summit 21
6. Industry Insights with
Ishan Gangar
7. Trivia
Issue 40 - Published on: March 4, 2022
Content:
1. Cover Story - The Russia -
Ukraine Conflict
2. World & Business News
3. Personality in Focus -
Anand Subramaniam
4. India and the World -
Kazakhstan
5. Special Coverage -
Munich Security Council
6. Industry Insights with
Amod Ranadive
7. Trivia
 E-Globuzz

‘E-Globuzz’ is the annual digital publication of the International Business Society. The
magazine provides readers with coverage of the biggest and most prominent news
stories of the year. The reporting of stories is not limited to just in-house writers,
articles are invited from students of B-schools across the country.

E-Globuzz reports and reveals the stories that matter today—and will matter even
more tomorrow—with a global perspective, historical wisdom, and an unflinching eye
to the future. The stories reported in E-Globuzz cover a wide spectrum; examples of
some focus areas covered include international finance, free trade, the impact of
COVID-19 on different industries, digitization and use of blockchain technology, Asian
markets, etc.

E-Globuzz 2022 - Published on: January 26, 2022

Content:
1. Asian Markets as Global
Manufacturing Hubs
2. Carbon Credits and
Carbon Trading
3. India's Free Trade
Agreements: Current and
Upcoming
4. Trade Liberalization and
Trade War
5. Thriving Industries
During the Pandemic
6. Rise and Uses of
Blockchain Technology
 Social Media

The 'Social Media' vertical plays a vital role in connecting and

communicating with existing audiences and bringing new
audiences’ attention to our work. We at IBS actively post
content and information through our campaigns on social
media platforms like LinkedIn, Instagram, and Facebook.
Through our campaigns, we aim to build awareness of the
international business environment and strive to connect
with business students worldwide.
Campaign Name : Rank-O-Meter

This campaign aims at providing an overview of different kinds of international indices

and rankings. The campaign shows the countries’ standing on the international podium
and the factors taken into consideration to come up with these rankings. Through
these posts, we also showcased India’s standing, where it leads and where it needs
progress.

Parts covered in the post:

About the index, The Rankings Overview, Factors considered for evaluation, Areas
where India strives, Areas where India needs progress

Example: World Press Freedom Index

Posts under this campaign:

Economic Freedom Index Energy Transition Index

Global Innovation Index
Global Manufacturing Risk Index
World Happiness Report
Global Hunger Index
World Press Freedom Index
Speedtest Global Index
Climate change Performance Index
Military Strength Ranking
World Competitiveness Index
Emerging Markets Logistics Index
Good Government Index
Campaign Name: India's Global Footprint

'India's Global Footprint' campaign was a continuing campaign; with an aim to

familiarize viewers with the numerous Indian multinational corporations (MNCs) that
have grown substantially and expanded their global footprint by. We took our readers
on a journey with these firms, showing them how and when they started, the hurdles
they experienced in India, and how they eventually grew their business to serve not
just the Indian market but also the international market.

Components covered in the post:

About the company, the company through the years, company’s global presence,
international projects, awards and recognitions, and future plans.

Example: Voltas

Posts under this campaign:

Parle Wipro
Infosys Accenture
Voltas Dr. Reddy’s
Amul Arvind
Varun Beverages Tata Motors
Campaign Name : Industry Zoom In
This campaign was a continuation of last year’s campaign. The primary objective The
main objective of this campaign was to provide the viewers with a snapshot of a
specific business industry based on data that includes trends and areas of growth. The
industry analysis is given by us typically looked at the dominant companies within a
given industry, supply and demand within the industry, whether the industry is
growing, potential opportunities within the industry and application of porters five
forces model in the industry.

Parts covered in the post:

Brief about the industry, Porter's Five Forces Model, Market value, Leading companies
in the chosen industry, Major exporters and importers, Covid impact, Latest trends, etc.

Example: Airlines Industry

Posts under this campaign:

Automotive Industry Mobile Payment Industry

Pharmaceutical Industry Steel Industry
Food and Beverage Industry Apparel Manufacturing Industry
Investment, Banking and Brokerage Industry Technology Distributors Industry
Online Retail Industry Airline Industry
Gym, Health clubs and Fitness Industry Cryptocurrency Industry
Campaign Name : Spotlight On
This campaign focussed on the International Business Personalities that were in news
for some or the other reason. The primary objective of this campaign was to familiarize
viewers with some of the international personalities that were the talk of the town for
some business reason. The campaign also talked about their early life, professional
career, achievements, controversies and recognitions.

Components covered in the post:

About the personality, why in the news, business journey, achievements and
controversies, accolades and recognitions, and popular culture.

Example: Elizabeth Holmes

Posts under this campaign:

Elizabeth Holmes Gautam Adani

Rakesh Jhunjhunwala Alisher Usmanov
Peter Thiel Masayoshi Son
Mary Barra İlker Aycı
Lakshmi Mittal
Days of International Significance
The aim of this campaign is to celebrate these days and educate viewers about
particular days on which significant changes, events, or declarations have been made
for the welfare of the country and the world. With our posts, we attempt to cover the
history behind the day, remember the contributors for their principles, convictions,
and sacrifices, and other essential facts about these days.

Components covered in the post:

History about the day, Personalities that shaped the day, Significance Today

Example: Gandhi Jayanti

Posts under this campaign:

76th Anniversary of UN
74th Independence Day of India
International Day of Peace
International Day of Non- Violence and the 151st Birth
Anniversary of Mahatma Gandhi
Today's Buzz-Stop and Weekly Rewind

The main objective of these initiatives is to enrich our viewer's knowledge of all the
key international business events and major headlines occurring all around the globe.
With these posts, we help the viewers at large develop an understanding of
international affairs.

Today's Buzz-Stop is posted Monday - Saturday at 9 PM on Instagram and Facebook

Stories as a round up of the day's important happenings in the international arena.

Weekly Rewind is posted every Sunday in all social media handles of the committee as
a round up of the week's important happenings.
Example: Weekly Recap post on 13th March, 2022
 Events

As the name implies, the International Business Society's

'Events' Vertical manages and oversees all the society's
events. It is in charge of ensuring every activity's conclusion,
from naming the event to having all the event stakeholders
on board. In doing so, it coordinates with other verticals by
incorporating their contribution to pull off the event
successfully.
 INDUSTRY PEEK

INTRODUCTION
The “Industry Peek” was a one-day event aimed at providing knowledge and awareness
to students on how to progress further and beyond the ‘Virtual MBA.’ “Industry Peek”
was an annual event where we invited experts from various industry spheres to
increase students’ business acumen and guide them to navigate their MBA and
corporate journey.
EVENT FLOW
The knowledge-enriching session commenced with a short introduction to the topic by
Professor Issac Jacob. The aspect discussed by the panelists was work culture and they
emphasized how important it was to relook at the culture and structure of the
company. The panelists threw light on continuity of communication and how it can
help you lead an efficient work life. Communicating with people from diverse
backgrounds gives you insight into various things that the company stands by and can
inspire you to contribute to the organization. Towards the end of the discussion, the
panelist discussed the importance of data privacy and cyber security. They highlighted
the fact that client awareness and education is the first measure to ensure data
security. A Q&A session was conducted which was followed by a vote of thanks given
by Prof. Issac Jacob to the eminent speakers.

EVENT OUTCOME
The event concluded successfully and was immensely loved by the guests and the
participants. We hope that this event can be made grander every year.

GLIMPSES OF THE EVENTS

 IB SUMMIT 2021
ADHIVESAN 3.0 & ILLUME

INTRODUCTION

Adhiveshan 3.0, conducted on 20th November 2021, was divided into two segments.
First was a Keynote Speech by an esteemed foreign dignitary followed by a captivating
panel discussion amongst regarded industry experts. The event was conducted
virtually over Zoom and was well attended by over 100 participants.

The second leg of the IB SUMMIT 2021 was Illume - A National Level Case Study
Competition, comprising of three rounds – Online Quiz, Case Submission, and Case
Presentation, spanning from 1st to 21st November 2021. Out of a pool of 450+
registrations from prestigious institutes all over the country like- IIMs, XLRI, IIFT, MICA,
SIBM, NMIMS, 8 teams made it to the final round who presented their case in front of
our esteemed jury.

EVENT FLOW

DAY 1- The event began with an introduction about the International Business Society,
as well as that of our Guest Speaker Dr. Sergei Fandeev, Moderator Dr. Swati Godbole
and Faculties in attendance Dr. Satyendra Kumar Upadhyay, Dr. Brajesh Bolia and Dr.
Ravindra Baliga. This was followed by the Keynote speech delivered by Guest speaker
Dr. Sergei Fandeev. He gave a detailed account of the historical trade and political
relations between India and Russia and also enlightened us about the cultural
similarities between the two countries which bring them together. He presented a
future vision of hope, promise, and prosperity for both India and Russia

DAY 2- The teams presented a business strategy for the company given in the case
study. The case study mainly revolved around "Investment Opportunities for Foreign
Investors in Emerging Markets." They were given 10 minutes to present their case
followed by 5 minutes of questions and answers.

EVENT OUTCOME

The two-day event concluded successfully and was immensely loved by the guests and
the participants. The jury members praised a lot the organization and the smooth flow
of the event. We hope that this event can be made grander every year.
GLIMPSES OF THE EVENTS
 Exchange Students Interactive Session
INTRODUCTION

The Exchange Students Interactive Session was an event where the objective was to
provide knowledge and awareness to students about the Students Exchange Program
of K J Somaiya Institute of Management as well as provide them useful insights which
may help them if they decide to sign up for the student exchange program. We invited
Seniors including ex-students of K J SIM who took part in the student exchange
program to share their views and help students gain more information regarding the
student exchange program.

EVENT FLOW

The event was moderated by Dr. Satyendra Upadhyay, and by Dr. Brajesh Bolia. The
event commenced with a brief introduction about what the Student Exchange Program
is followed by what the purpose of the event was.

The interactive session began with the introduction of Mr. Raghav Dutta, who shared
his views about the exchange program in general and then why he chose UCLA,
Belgium.

Ms. Juliet Bhandari, who gave great insights about the selection criteria for the
Exchange Program. She talked about researching all the universities before applying
for the program, which will help the students in analyzing every situation and making a
confirmed decision.

Mr. Shashwat Tiwari then shared his experience as to how this journey was invaluable
for him. He also made sure to discuss academic queries like internship opportunities,
management culture, importance of choosing subjects wisely and how important it is
to be culturally aware and what steps University of Applied Sciences took to ensure the
students are culturally aware and comfortable.

Mr. Shubhanshu Singh took over the discussion by informing the students about
DHBW, Stuttgart and answering the questions regarding the preparation he did while
going to Germany

Ms. Bhavika Mehta, then talked about how her drive for an offline experience & Global
exposure motivated her for the Exchange Program.

After this, the question and answer round took place.

GLIMPSES OF THE EVENTS
 COMMERCIO 2022
INTRODUCTION
First day of MELANGE 2022 witnessed COMMERCIO 2022 by International Business
Society, which was a Country Entry Analysis Competition, comprising of three rounds –
Online Quiz, Strategic Solution Submission and Presentation. The competition took
place from 5th to 18th February, 2022. On the last day of the competition all the
presentations were conducted virtually over zoom. Out of a pool of 250+ registrations
from prestigious institutes all over the country like- IIMs, XLRI, IIFT, MICA, SIBM, NMIMS,
top 8 teams made it to the final round and presented their case in front of our
esteemed jury. The Judges Panel included :-

Mr. KRISHNA KOTA

Regional Head, Performance Marketing, Consumer Banking at DBS Bank

Ms. AMRITA DIVAY

Head of Capital Markets at SWIFT, India and South Asia region

Mr. SHAKTI AGRAWAL

Director & Head of SME PayLater, Cards and Payments at Flipkart Wholesale & Walmart
India
EVENT FLOW

The hosts began with the introduction of the Event & the Jury. Followed by a strategic
solution presentation by the teams on the company's country entry analysis given to
them. They were given 10 minutes to present their case followed by 5 minutes of
questions and answers. After the rigorous process of analysis and discussion, a
comprehensive assessment was done by the jury based on the teams’ understanding
of the case, their presentation skills, assumptions taken, the structure, and the
feasibility of their solutions, based on which the top three winners were declared.

EVENT OUTCOME

The event concluded successfully and was also graced by Prof. Satyendra Sir's presence.
The event was admired and loved by the guests and the participants. The jury members
praised the committee and the smooth conduct of the event. We hope that this event can
be a success every year. We would like to extend our heartfelt gratitude towards Prof.
Brajesh Bolia (Chairperson of IBS), Prof. Raghukumari (Chairperson of Melange), and Dr.
Monica Khanna (Director, K J Somaiya Institute of Management) for always supporting
and guiding the team towards the right direction. We would also like to thank our IT
Department for helping us in conducting and handling the event in an effective manner.
GLIMPSES OF THE EVENTS
 External
Associations
The 'External Associations' vertical addresses issues
concerning the interactions of the International Business
Society with the industry. The vertical members act as
liaisons who serve as the point of contact between the
committee and the industry and are responsible for
connecting with industry stalwarts and onboarding them for
committee events as well as obtaining industrial insights in
the form of articles by conducting interviews with company
executives. The vertical is also involved in providing the
students with industrial exposure in the form of live projects
through collaborations with reputed organizations.
 JUDGES & PANELISTS

IB SUMMIT 2021 - ADHIVESHAN

CHANGING GLOBAL ORDER- PANEL DISCUSSION

Mr. Manish Pathak

A highly experienced International Business expert with over 12

years of experience. Currently, he is the President, International
Business at Welspun Corp Limited, one of the world's largest
producers of large diameter line pipes. Over the last two
decades, he has been instrumental in securing and servicing
many technically challenging pipeline projects from clients in
India, South-East Asia, Africa, the Middle East, Europe, and the
USA.

Mr. Vivek Kumar

Mr. Vivek is a Practice Director, India, at RAIN Group. For the last
two decades, he has been involved in training, coaching, and
consulting with leading organizations in various aspects of sales
improvement. He is also the Co-founder and Director of
PlatinumOne Business Services Limited, a sales maximization
organization focused on providing BPMS services in the area of
sales.

Mr. Rafi Talati

Mr. Rafi is an Assistant Vice President at Citi Bank. He has over 12

years of experience in sales, Negotiation, and Relationship
Management with a focus on resolving clients' specific issues by
assisting them to make informed decisions and ultimately
achieving Customer Delight.
 JUDGES & PANELISTS

IB SUMMIT 2021 - ILLUME

National Level Case Study Competition - Judging Panel

Mr. Dhaval Jain

Mr. Dhaval Jain is an alumnus of K J Somaiya Institute of

Management and IIM Bangalore with extensive experience in
brand management during his time at Unilever. Currently, he is a
Senior Marketing Manager at Kaya Limited.

Ms. Vinita Chandra

Ms. Vinita Chandra is a Core Retail Category manager with a flair

for data-driven business transformation with knowledge of
managing projects, resources, and staff in an effective and
efficient manner. Currently, she is a Lead Consultant at Infosys.

Mr. Shashank Jogi

Mr. Shashank Jogi is an alumnus of IIM Calcutta, with more than

18 years of experience in investing and trading in the Indian
Financial Markets,He is passionate about helping others improve
their financial lives. He has worked with worked with companies
IBM, PricewaterhouseCoopers, Glaxo Smithkline Consumer
Healthcare and Hindalco and is currently the Managing Partner
of Wealthgen Investment Advisors LLP.
 JUDGES & PANELISTS

MELANGE 2022 - COMMERCIO 2022

Country Entry Analysis Competition - Judging Panel

Mr. Krishna Kota

Mr. Krishna Kota is currently working as the Regional Head,

Performance Marketing, Consumer Banking at DBS Bank,
currently based in Singapore. He is a Strategic Marketing
Specialist with more than 17 years of experience in Brand
Management, Positioning, Integrated Marketing, Social Media
Marketing, Customer Acquisition & Activation and Market
Research. Previously, he has worked in key marketing roles at
coveted organizations like HSBC Bank and Barclays Bank
amongst others.

Ms. Amrita Divay

Ms. Amrita Divay is currently working as the head of Capital

Markets at SWIFT for India and South Asia region. She has
experience of over 19 years, in her current role, and she also
drives strategy & adoption of SWIFT's network & consulting
services for Securities and Treasury markets. She is a very
passionate advocate for the implementation of global standards
and digitization. She also facilitates and drives several industry
working groups at SWIFT.

Mr. Shakti Agarwal

Mr. Shakti Agarwal is the Director & Head of SME PayLater, Cards
and Payments at Flipkart Wholesale & Walmart India. He has
over 11 years of experience in the financial services industry. He
worked end-to-end to launch major strategic partnerships with
B2B businesses and consumers to enable the journey of
digitalization and Checkout Financing (BNPL). He has also
worked in ownership of P&L, overseeing risk, sales, and
operations along with product launch responsibility.
 INDUSTRY INSIGHTS COLUMN

A column featured in I-Brew, International Business Society's Monthly Publication,

where Industry Professionals are interviewed to get valuable insights for the reader's
awareness

EDITION 31- APRIL ISSUE

Rishabh Agrawal
Strategy Manager, Jio

The article focuses on initial queries MBA students have when

they start their journey in MBA. Rishabh Agrawal is a strategy
manager at Jio who gave insights into your MBA journey and how
to make the most of it. We discussed the importance of
theoretical knowledge we learn during MBA in our jobs. He
emphasized gaining experience in committee work and
participating in student exchange programs.

EDITION 32 - JULY ISSUE

Dhriti Trivedi
Senior Consultant, Deloitte(M&A and Strategy)

The article focuses on the niche specialization of MBA IT. Dhriti

Trivedi is a Senior Consultant at Deloitte who had done B Tech.
In Computer Science. She did MBA in IT to increase her business
acumen in the same industry. She shared that the division
between business and technological knowledge is blurring, and
the new professionals should be in touch with their technical
skills. She also shared tips on excelling in placement season and
suggested keeping learning and keeping yourself updated.
EDITION 33 - AUGUST ISSUE

Ruchi Agrawal
Regional Head- Business Development,
Receivables Exchange of India Ltd.

The article focuses on rural management in finance and Fintech.

We interviewed Ruchi Agrawal, Regional Head- business
management of Receivables Exchange of India Ltd. She
discussed that rural management finance is an underserved
segment, and there's a massive scope in the field. She also
talked about how the arrival of Fintech has transformed the
industry, and India has apt regulatory conditions for the
expansion of the Fintech industry.

EDITION 34 - SEPTEMBER ISSUE

Nimit Minda
Manager- Supply Chain Management,
Piramal Glass Pvt Ltd

The article focuses on operations specialization and supply

chain management. Nimit Minda shared in the interview with us
the challenges companies faced in supply chain management
during the pandemic. He started with how the companies had no
foresight on supply and demand during the pandemic, and they
reached out to fresh MBA graduates to bring in innovative
thinking and new technical skills. We also discussed the demand
for operations specialization among MBA students and its
future.
EDITION 35- OCTOBER ISSUE

Tanmay Bhagwat
Associate, Morgan Stanley

The article focuses upon the credit risk profile and what MBA
students can learn while choosing their finance specialization.
Tanmay Bhagwat is an associate at Morgan Stanley in credit risk
profile. We discussed what credit risk entails and how the
pandemic affected the finance industry, and the observed
outliers. We also got an insight into how MBA students
interested in investment banking can make most of their MBA.
The highlights of the interview were that students need to get
exposure regarding the wide variety of roles that finance has to
offer and that the students need to have the zeal to learn as
much as they can during the initial years of their careers

EDITION 36- NOVEMBER ISSUE

Suvendu Indra
Salesforce Developer at TCS

The article focuses on a career in Salesforce. Suvendu Indra is a

Salesforce Developer at TCS. We discussed how technology is
impacting the current job scenario. He shared how pandemic
accelerated the growth of the IT sector and the increased
dependency we will witness on technologies such as Salesforce
and other cloud-based CRM technologies. Suvendu emphasized
being skilled in technologies like programming languages and
software development. The highlights of the interview were how
MBA students can take advantage of the IT boom we are
currently witnessing and how MBA helps in developing analytical
and business skills which will be in tangent with the technical
skills required in 21st-century careers
EDITION 38- JANUARY ISSUE

Chirag Negi
Research Lead, Evalueserve

The article focuses on the career of Chirag Negi. Chirag Negi is a

Research Lead at Evalueserve. He made a career transition from
engineering related to the job to a sales job and then to
consulting. We got insight into how being a professional how
each transmission helps in building your career and what was
his takeaways from the sales job he had in the lubricant
Industry. We also interviewed him about how MBA helped him
bring a global perspective in analyzing the oil and gas industry.
We also discussed the current oil and gas industry and India's
shift to renewable resources. We also discussed in detail the
consulting industry and how his sales job in the lubricant
industry formed a foundation for his growth in his career.

EDITION 38- JANUARY ISSUE

Ishan Gangar
RM, Financial Institutions, Europe at ICICI Bank

The article focuses on the career of Ishan Gangar. He is the

relationship manager of financial institution, Europe, at ICICI
Bank. He provided insight into his profile, understanding the
regulatory environment, analyzing how the company is
performing, and a good hold on the sector dynamics. He also
shared tips on learning by doing. He emphasized learning
concepts from CFA level 1 and understanding companies'
financial statements and drawing insights from it. We also
discussed the pandemic's impact on the demands of customers
or clients.
EEDITION 39- FEBRUARY ISSUE

Radhika Vyawahare
Engagement Manager, Mckinsey

The article focuses on the career of Radhika Vyawahare. She is

an Engagement Manager at Mckinsey. We discussed her journey
from being the product specialist at Pidilite Industries to being
an engagement manager at Mckinsey. She emphasized the
importance of initial work experience at Pidilite to form a basis
to understand business during her MBA and how it helped at her
current job. She further expanded regarding her role at Mckinsey
and how the consulting industry has boomed during the
pandemic.

EDITION 40- MARCH ISSUE

Amod Ranadive
Associate Vice President, Kotak Mahindra

The article focuses on the Fintech industry. We interviewed

Amod Ranadive, an Associate Vice President at Kotak Mahindra.
He shared how Fintech is an emerging industry and its clash with
traditional lenders, the impact of technology on business, and
its impact on the customers. The article's highlights were the
skills students should learn or enhance, the future of the fintech
industry, his journey from an engineer to being an Associate VP
at Kotak Mahindra.
 International
Relations
The 'International Relations' vertical collaborates with
various Foreign diplomats and Counsel Generals for Guest
Lectures. It conducts the Exchange Students Interactive
session with the objective to provide knowledge and
awareness to students about the International Immersion
Program of the college and provide them valuable tips that
may help them decide to sign up for the Program. It works
closely with the International Relations head of Somaiya
University.
Connected with the Students of the International
Immersion Program

We saw that a number of students were interested in learning more about the
Exchange program and had questions about it. To assist them, we distributed a Google
form to determine the number of students who were interested and to respond to
their inquiries. We connected with the students who travelled on the Exchange
Program and had these questions answered once we gathered the problems.

We made social media posts for the college to the college to the Students Exchange
program after contacting all of the student exchange program students.

Exchange Students Interactive Session

The Exchange Students Interactive Session was an event whose goal was to raise
student awareness about the K J Somaiya Institute of Management's Student Exchange
Program and provide them with valuable tips that would help them decide whether or
not to sign up for the program. It also allowed students to share their thoughts and
learn more about the student exchange program.

Venue:

The event was organized on the 23rd of January, 2022 by the International Business
Society at K J Somaiya Institute of Management, virtually on Zoom. The Speakers
invited for the session were:

Shubhanshu Singh Bhavika Mehta Shashwat Tiwari Juliet Bhandari Raghav Datta
DHBW Saint Martin University of DHBW UC Leuven-
Stuttgart, University, Applied Scinces, Stuttgart, Limburg,
Germany USA Stryer, Austria Germany Belgium
Batch of 2021 Batch of 2023 Batch of 2021 Batch of 2022 Batch of 2023
STUDENTS EXCHANGE PROGRAM FAQs
Will there be a global immersion program for 1-2 weeks anytime soon?

Yes, it was on the cards but there is uncertainty around the same due to the pandemic as at
least 15-20 students are required to participate in the same to make it a success. However, due
to the current situation, there is a chance that students may be forced to back out. Immersion
programs to the USA and Germany are on the horizon for the month of June subject to
improvement in the current pandemic situation. There is a possibility that the cost for such
programs may be slightly higher because of increased airfares and living expenses. Immersion
programs may cost around 1-1.5 lakh and 2.5 lakh rupees for Germany and USA respectively. If
the associated expenses do go down, both programs will be made available to the students.

What is the application timeline for the exchange process and which department is to
be approached for the same?

Preparations for these programs start from Day 1 itself. Students must take permission from
the program coordinator before beginning their application for an exchange program failing
which students cannot proceed with their application. Form 701 and 707 need to be filled outby
students. Students also need to ensure that the number of credits is mentioned before hand in
these forms to ensure the smooth transfer of credits between universities. The same needs to
be signed by the Director and Satyendra Sir.
Students need to fill in their application on the website of the partner university as well, with
all the relevant documents such as transcripts, passports, visas, etc. The nomination is then
forwarded to the partner university. Upon approval and acceptance of the nomination by the
partner university, an acceptance letter is issued. The visa application process begins after the
receipt of the acceptance letter. The consulate takes about 2-3 months to issue the visa to the
student. All in all, the entire process takes around 6 months before the student departs to the
overseas partner university.

Is there a specific scholarship for the exchange program?

In general, there is no scholarship offered for exchange programs. But sometimes, at DHPW in
Germany, students may be allowed to for a scholarship through the DHPW foundation.
However, the students can apply for the same only once they reach the country. The
scholarship grant is based on the available funding, the merit of the student, and strong
recommendations. The main reason for granting scholarships is that the tuition fee gets
waived off, as the students have already paid the tuition fee at Somaiya Vidyavihar University.

Do exchange students need to pay the entire tuition and hostel fee at K J Somaiya
Institute of Management even for the time they are away on exchange at the overseas
partner university?

The students must pay the tuition fee at K J Somaiya Institute of Management even for the time
they are away on exchange. However, students will not be charged any tuition fee by the
partner university. Students do not need to pay the hostel fee for the time they are away on
exchange as they have to move out of the hostel before they leave for exchange.
Hosted Dr. Sergei Fandeev as Guest Speaker for
Adhiveshan 3.0 under IB Summit

Adhiveshan 3.0, conducted on 20th November 2021, was divided into two
segments. First was a Keynote Speech by an esteemed foreign dignitary
followed by a captivating panel discussion amongst regarded industry experts.
The event was conducted virtually over Zoom and was well attended by over 100
participants.

Keynote Speech
Theme : India-Russia Relationship and the Role of Russia in the Emerging
Multipolar World

Guest Speaker
Dr. Sergei Fandeev - Graduated from People's Friendship University Moscow,
and has a Ph.D. in Economics. He worked in many foreign countries on different
assignments. From 2019, he was appointed as a Deputy to the Head of
Representation of the Russian Government, " Rossotrudnichestvo" in India; Vice-
Consul & Director of the Russia Centre for Science and Culture in Mumbai.
GLIMPSES
On-Campus/Offline Meet Ups of Team IBS
Towards the end of the academic year, the institute started welcoming students
back to the campus after almost two long years of online instruction. Students
and faculty were able to congregate and interact in-person and the senior team
was able to enjoy campus life in full strength for a few weeks.

The faculty coordinators and members of International Business Society too got
together a number of times to get to know each other better and relive some of
the wonderful memories they share in person.

GLIMPSES
K J Somaiya Institute of Management
Vidyanagar, Vidyavihar (E)
Mumbai - 400077
Ph. +91-22-67283000/67283050

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