Participants praise FORE’s May MDP for being interactive and useful

Interactive and useful were two of the comments participants made about FORE School of Management’s May Management Development Program.

Spreadsheet Modelling for Financial Analysis which ran May 6-7, 2013 under the direction of Prof. Himanshu Joshi was as super success. Dealing with financial analysis and modelling using MS-Excel, the program covered basic and advanced features of Excel, along with financial statement forecasting, time value of money concepts, financial planning, investments, bond pricing and duration analysis.

Aimed at middle and senior managers handling corporate finances, investment bankers and managers at equity brokerage firms, the goals of the MDP included: providing an understanding of MS Excel for financial analysis; teaching how to develop good Excel models and debug them and learning how to develop spreadsheet models for financial statement forecasting, time value of money, financial planning and investments, bond pricing and analysis.

Bhaskar Chandra Mohapatra of SAIL Rourkela Steel Plant liked the fact that it was a more interactive session, while Aarti Sharma of the Pipavav Railway Corporation had praise for the way Prof. Himanshu Joshi and Prof. Vandana Gupta clearly explained things.

“I liked the financial statement as well as spreadsheet modelling and problem solving framework,” said Kamal Kumar Sharma of State Bank of Bikaner and Jaipur, while Pravin Kumar Dubey of  Pipavav Railway Corporation found all the sessions to be “extremely useful”.

FORE School of Management all set to welcome the batch of 2013-15

‘Business in rural Space’ and ‘Knowledge of Indian history, culture and value system’ to dominate the 10-day Orientation Programme at FORE School of Management, New Delhi

 Web

Where can you best gauge the changing trends and philosophy of business?

A quick answer would be – inside the lecture hall during the orientation programme of a top-line B-school.

Come 17th June 2013, one of the foremost B-schools of India – FORE School of Management, New Delhi – will be conducting a 10-day Orientation Programme for the select few who have made it into its hallowed portals. In all, 240 students- 180 from the PGDM FMG-22, and 60 from the PGDM IMG-7 programme – will be inducted as the batch of 2013-15.

“The buzz-word undoubtedly is globalization or internationalization,” says Prof. Ravikesh Srivastava, Chairman of the Post Graduate Programme of FORE School of Management. “As the western countries are increasingly staring at economic saturation, more and more are looking to bring their business to India. In this year’s foundation course we are focusing on the Indian value system, Indian history, culture and ethics. We feel that our students, being the managers of ‘Gen Y’, should be well versed in the traditions and culture of their own country and the market that they would be operating from. We have invited faculty from popular colleges to address the students on these topics. Of course, the general disciplinary courses would continue being a part of the module, but a major focus has been put on Indian history, culture and value system.”

Not surprisingly, the other major focus in the Orientation Programme will be ‘Rural’, since opportunities and economies of rural India are rapidly out-striding the urban areas.

“We are going to have more industry exposure this year,” elaborated Prof. Ravikesh Srivastava. “The Batch 2013-2105 would have academic years dotted with industry visits, field visits, industry interface, rural site visits, etc. Last year, our students went to a small village called Mewat in Haryana to conduct their field study. This year, we are aiming to increase the number and frequency of rural visits to give them more practical exposure.”

For the Inaugural Address at 3:00 PM on the 17thof June, FORE School of Management will be welcoming one of its very own, Ms. Tulika Tripathi, Managing Director (India), Michael Page, as Chief Guest. Over the course of the Orientation Programme, the new joinees of the batch of 2013-15 will be given the opportunity to interact with many other alumni who have made a mark for themselves in the corporate world.

“This is a very practical application oriented course where the level of engagement will be very high and would demand time and commitment,” sums up Prof. Srivastava. “All that’s left to say is ‘Good luck and have a wonderful ride with us’!”

Placements at FORE School of Management surge ahead as recruiters return to cherry pick grads

_MG_1973FORE School of Management is well on its way to yet another spectacular placement season! It may be recalled that last year was a landmark year at FORE School of Management with the highest package of 39.6 Lakhs being offered to a student by Prospecta Software Australia Proprietary Limited, with a posting to Australia. Even by those standards, placements this year at FORE School of Management are all set to hit a new high.

It is significant that the highest package in 2012 was offered in the second half of the placement season; while highest package by the end of the first half of placement season of 2012(February-end 2012) was 32 Lakhs offered by Renewable Woods. It is an interesting coincidence that even in 2013 the highest package that has been offered so far is 32 Lakhs. However, in terms of average CTC, so far the figures have bettered last year’s figures, which is very encouraging for both students and the Placement office.

According to the Placement office of FORE School of Management, on-campus placements this year, are moving at a much faster pace than anticipated. All 100% students of the 19th Batch are likely to be placed by April, 2013. So far the highest participation for Final Placements is from IT Sector followed by BFSI (Banking, Financial Services, & Insurance Industry), FMCG, Market Research & Consulting, and Automobile sector.

The offers made to the students of FORE School of Management are through PPOs, PPIs and campus interviews. In 2012, a total of 116 companies had visited the FORE campus for recruitment. Of these, 36 companies had participated for the first time in placements at FORE School of Management, including CBRE, TATA Motors, Maruti Suzuki, EXL Services, United Spirits, Axis Risk Consulting, Khimji Ramdas, HSBC, etc. All of these companies have been present this year as well, apart from the regulars at FORE School of Management placements like Asian Paints, Castrol, Citibank, Infosys, ICICI Bank, Sony, HDFC Bank, Make My Trip, GMR, Thomas Cook Ltd., Oriflame, SBI Life, Ernst and Young, etc.

According to the Placement office of FORE School of Management, the Summer Placements of the batch of 2012-14 are also in full swing, and students are all set to begin their Internship from April 2013. It may be recalled that last year FORE School of Management had placed 100% students for summer internship by mid-March 2012, with an average stipend of Rs. 15,000 per month, and the highest being Rs. 35,000 by CISCO.

Last year, FORE School of Management was ranked head-and-shoulders above the other B-schools in the ‘News X–Indus Learning’ survey, published in ‘Mail Today’, comparing B-schools in North India, and more specifically, Delhi-NCR. FORE School of Management was top-ranked in two out of four categories – ‘Industry Interaction’ and ‘Potential to Network’ – of the survey.

For the last few years, placement figures of FORE School of Management have seen a phenomenal upswing, surpassing most of the other premier B-schools of the country, including most of the IIM’s. In all four students had received international placement offers in 2012. Going by indications, these numbers will also be eclipsed during this year’s placements at FORE School of Management.

All students of both the batches of FORE School of Management to visit foreign universities in April 2013

IMG_6095International Immersion has been the buzzword in business education for quite some time now. However, most of the time the terminology is loosely used to denote variable student and faculty exchange, joint research projects/ internships, and other forms of selective collaboration with foreign universities. However, with increasing globalisation and opening up of the Indian economy, elite management institutes of the country are now ensuring international immersion of the entire batch instead of a select few students.

“Between 1st to 6th of April, all 180 students of the current FMG (FORE Management Group) batch will visit Hong Kong Poly University – Faculty of Business, for a 5-day long immersion programme,” elaborates Prof. Neeraj Kumar. “This programme is designed for a 12-hour classroom input, and an extensive industry visit. At the same time, all 60 students of the IMG (International Management Group) will be visiting the Nanyang Technological University – School of Business, Singapore, for a 5-day long immersion programme. This programme comprises 12-hour classroom input and a visit to the Singapore Port.”

The reason for such an international immersion programme, like the one being executed by FORE School of Management, can be understood in a larger perspective. FORE School of Management has seen some fantastic placements overseas – an area where many top-notch management institutes have been struggling. In fact the highest package offered to a student of the previous batch (2010-2012) was a whopping 39.6 Lakhs. Interestingly, this was for a placement abroad, and the student who had cracked it had experienced wide international exposure while at FORE School of Management.

“While we don’t consider pay-packages as the ‘be all and end all’ of business education, fact of the matter is that FORE School of Management has regularly surpassed most of the other premier B-schools of the country on this parameter as well,” remarks Dr. Jitendra K. Das, Director, FORE School of Management. “In the last year, for instance, the package of 39.6 Lakhs offered to one of our students placed abroad, was more than what was the maximum package offered at many of the IIMs.  However, since we’ve been more pedagogy-focussed, and not been all that PR-driven, this fact has not found optimum coverage in leading newspapers.”

At any given point in time, you are likely to find on FORE campus quite a few students from foreign universities. For its exchange programme, FORE School of Management has a clutch of reputed global-exchange partners like the University of Northampton (UK), Lord Ashcroft School of International Business, University of East Anglia (UK), ESC Rennes – School of Business, Rennes (France), Savannah State University – College of Business Administration, Georgia (USA), Faculty of Business at St. John – University of New Brunswick (Canada), and Asian Institute of Technology (Bangkok). There are three MOUs in advanced stages of discussion with prominent Universities in Switzerland, USA and Canada.

Currently there are 4 French students at FORE School of Management. Last year, there were 13 students from FORE School of Management at the ESC Rennes, and 10 students were here from France. FORE School of Management has an active, vibrant curriculum, with a world-class faculty.

While FSM maintains flexibility for students from abroad – foreign students can study for one term, two terms or one full year – students of FORE School of Management complete their foreign university schedules in a time slot that doesn’t impact either the placement or the rigour of an MBA programme.

FORE SCHOOL OF MANAGEMENT, DELHI, BRINGS ‘Sanrakshan-FORE Ever Green”, “Vastrasamman” and “Abhivaadan”

In a sterling display of the ‘power of one’, FORE School of Management, New Delhi turned the entire Qutub Institutional Area into a Green Zone, in just one day.  Students of FORE School of Management transformed the landscape of nearly 18 institutes in this area on the 3rd of December 2011.

Kick-starting the campaign by planting the first sapling within the FORE School of Management, New Delhi campus, Dr Prachi Bhatt, Faculty Mentor, urged the members of  Team ‘ANTAR’ – the CSR wing  of FORE School of Management – along with a group of volunteers to ‘go forth and turn the town green.

Realizing that planting saplings alone was not enough, Team ‘ANTAR’ took upon itself to sensitize and motivate children of the next generation, studying in nearby schools, to contribute as well.  “We eagerly await this annual event of your college”, observed the Principal of the nearby MCD Boys Primary School.  “Since this event focuses on the importance of planting trees, the children of my school are positively influenced by observing and working with you all’.

This year also saw the Vastrasamman initiative of team ‘ANTAR’ breach the magic figure of 600 kilograms of clothes donated to the needy.  Two years back, under project Vastrasamman, team ANTAR of the FORE School of Management, Delhi had begun collecting and distributing clothes from students and faculty of FORE School of Management.  For the 2011-12 session, ANTAR collaborated with GOONJ, on its Vastrasamman campaign.  The response was overwhelming, the FOREians and faculty donating not just their old and new wearable clothes, but all kinds of usable goods for the needy, especially stationery for school going kids.

FORE School of Management gained immensely by its association with GOONJ.   The commitment and innovativeness of the volunteers at Goonj was impressive, especially their fantastic ability to recycle and add value to even the most mundane and wasted commodities.  The cassette purses made out of cassette tapes, conversion of cotton suits and bed-sheets into stationery and napkins, deserve a special mention along with a whole range of waste paper products.

Finally, in what turned out to be the most touching event of the year for FORE School of Management, TEAM ANTAR organized ‘Abhivaadan’ on the 30th January, 2012 within the FORE School of Management, New Delhi campus.

Having received accolades over the past two years, ‘Abhivaadan’ which is organized in association with Helpage India, honours  senior citizens from old age homes like ‘Gharonda’ and ‘Home for aged’ enjoy a fun filled day at the FORE School of Management.

While it was encouraging to see Dr Jitendra K. Das, Director, FORE School of Management and Prof. Vinay Dutta- Chairman, Student Affairs, among the volunteers who made the day memorable for this ‘grandparently’ gathering, it was even more heart-warming to see a lot of youngsters sharing a hearty laugh with the senior citizens. In the words of Sukriti Babbar, one of the volunteers from PGDM (IB), “We gave them a little regard and they showered tons of blessings on us.”

The welcome song, sung by Shirshendu Pandey- one of the volunteers – opened the dancing and singing extravaganza. Very soon, the ‘grandparents’ also joined in the revelry with utmost zeal and enthusiasm. They sang, tapped their feet and shared their experiences with all the students of FORE School of Management.

Tandon Deep from PGDM-20, feels, “It gave me a chance to share happiness with them and learn important lessons of life from them. It was full of fun activities and it was great feeling to see them sing and dance.”

The event was best described in the words of Nitin Gandhi, one of the volunteers from PGDM-20, FORE School of Management “Abhivaadan was a great success as it gave joy and happiness to many, which not only includes people from old age homes, but volunteers like me too.”