Institution and industry interface

Institution – Industry Interface is a critical dimension for any Management Institute as this interface decides the extent to which the institute becomes an acceptable brand. Industry and Institution interaction has to be sustained and is beneficial for both.  Industry can benefit from the knowledge base available with the Management Institute and the Management Institute can benefit from the field experience and the industry exposure through research activities, projects, guest lectures and update seminars.

     Institutions of higher learning must make contributions to society.  Grooming of students should focus on creating a pool of effective managers and future leaders. It is necessary to have realistic understanding about the expectations of the industry from management institutes to impart relevant management education. 

     The Gaps pertaining to the curriculum, pedagogy, faculty profile, student quality, placement related expectation, perceptions on overall performance can be bridged through  faculty exchange programmes, Industry experts taking time off from the Industry to serve a term in the Management institute and/or the faculty member joining the industry to prepare case studies and conduct training programmes.

     It is necessary to have a realistic understanding about the expectations of the industry from management institutes.

The article was written by Vani Ramesh, HOD of Management Sciences Department,GRV Business Management Academy, Bangalore

The importance of accounting education

In the business world, accounting is one discipline of study that all people, regardless of job position, should have some knowledge of.  Its concepts can be applied to all job specialties, its importance has been promoted in recent years, and it is useful in people’s everyday lives. 

First, an accounting education is important because it can be applied in all job specialties.  Secretaries must use accounting skills to manage the company check book and orders, auditors have to study financial statements to evaluate the accuracy and integrity of the business, and executives need to judge the success of their business using accounting statements from the past and present.  These are just a few of the many possible positions where an understanding of accounting is necessary.  Another reason all business students should have some background in accounting is because in recent years, people in the business world have been held more accountable for their financial practices.  Since the Enron, WorldCom and recently Satyam crisis when independent auditor Arthur Anderson and PWC failed to report illegal accounting practices, the Securities and Exchange Commission (SEC) has been monitoring public corporations more closely.  Thus, companies require not only basic knowledge of accounting to avoid any future misstatements unintentionally occurring but also to answer stakeholders.

Additionally, it is vital that everyone, not just business students, acquire an understanding of accounting for personal benefit.  People use accounting in their daily lives when they study financial statements to make investment decisions, assess interest rates to pay off their house mortgages, and calculate rates for vehicle/movable asset payments.  In the business world, accounting is utilized in much greater depth, but each individual encounters some activities in his/her everyday life that requires knowledge of accounting principles.  Accounting is the most basic framework of business. Without an accounting education, students would be unprepared for the real world of commerce.

The article was written by Mrs. Shilpy Jain, faculty of the Accounting & Taxation department of GRV Business Management Academy, Bangalore

Management degree gives an enriched life

The most important step for the betterment of a person is developing the mind with proper educational values. For ages, people those who have recognized the importance of getting an excellent education are remembered. There are countless schools and colleges throughout the world where dedicated teachers impart their knowledge to anyone who will attend their classes.

A management degree is the first step you need to undertake irrespective of the field you are interested in studying. Even though management skills can be developed without the need to study them, but a management degree is a good proof of the skills that you have developed while you have studied at a business school.

Today you will find many B-schools offering online management degrees. As part of your education you need to include e-commerce education, because most companies are using e-commerce now. Huge IT firms are totally dependent on e-commerce in the sale of their products and services and need employees who are well-versed on the process.

By signing up for a management course, you will put yourself on the road to developing the skills all businesses are looking for to expedite internal and external growth. The largest business organizations employ enormous workforces. In order to see increased productivity, these workforces must be managed skillfully and efficiently. You must prepare yourself for a career managing men or machines, so you will need a management degree. Training should also be an important step in your career development plan.

Education makes life enriched and helps to attain goals. There are numerous universities and faculties to obtain education with a wide choice of careers. With industries being inevitable for the development of any economy, to obtain a management degree is beneficial. By doing a management course, you will gain skills that most companies look for in their employees. Training should also be an important step in your career development plan.

Why Accounting in MBA is a Coveted Specialization Program

Accounting MBA is a popular as well as profitable management label career in the present corporate world. These days, increasing number of students are opting for a career in accounting and people, already in this stream, are looking forward to develop their skills by enrolling into different professional courses. In such a scenario, accounting MBA is the perfect choice for people who want to create their own identity in this sector. In fact, it is the ideal way to build a successful career in accounting administration. The accounting MBA program also has many other related career fields such as financial management, accounting, accounting administration, etc.

Different Branches of Accounting MBA and their Functions in Business Organizations
Accounting is related to the service activities of an organization that are principally related to finance and economic entities. The function of accounting executives is to provide useful information that is crucial for making financial decision and making reasoned decisions from diverse courses of actions. Different branches of accounting have different purposes in the business organizations. For instance, financial accounting is one branch of accounting that is primarily related to process financial information on how businesses are recorded, summarized, classified, interpreted and communicated. Management accounting, basically, deals with the information used within an organization that is accessible only to the authorities. Tax accounting is the field related to accounting management of an organization that complies with the authorities of tax regulations.

Scope of Accounting MBA
The huge demand of skilled and trained professionals in the field of accounting make the program a popular career options for many job aspirants. The program can create many opportunities for people who are in the field and want to grow with their skills. Individuals with professional qualification in accounting MBA have various opportunities for working as managers. Accounting managers are high in demand in every organization and in every industry. A degree in accounting MBA can widen your scope to bag better jobs with hefty salaries even in recession period. The designations of an executive with accounting MBA degree may vary anything from accounting manager, corporate controller, chief financial officer, cash manager to management consultants.

How Can Accounting MBA Programs Help you?
Accounting managers in the corporate sectors are responsible for tax reporting and management, and developing income statements. The professional accountants in the public accounting companies perform the job of independent audit or tax consultants. An accounting MBA program offers you the exact coursework required to manage the accounting needs of an organization. The MBA colleges in India provide strategically developed programs that cater to the need of business organizations in different industries. The programs in the B-schools include learning financial assessment and reporting, planning, implementation, tax management and risk management. Completion of accounting MBA program helps you develop detailed and practical learning about the business organization.

These days, recruiters are in dire need of managers who are dynamic and comfortable with working in areas such as marketing, finance and management. A career in accounting MBA can give you extensive opportunities to meet the demands of the recruiters.

WORKSHOP ON SOFT SKILLS FOR THE 21st CENTURY LIBRARIAN

BANGALORE MANAGEMENT ACADEMY
PRESENTS A ONE DAY WORKSHOP ON
SOFT SKILLS FOR THE 21st CENTURY LIBRARIAN
4th July 2009

ABOUT THE WORKSHOP:-
Soft Skills for Information Professionals
In today's growing competitive world, competitors are left with no choice but to add value to their academic skills to exhibit their true potential. Performance at the work place depends on how an individual handles in various situations. Hard skills include academic expertise along with experience as described in a resume. Soft skills include self-development skills, interaction skills and communication skills. Technical and work-oriented skills are a must, but in-sufficient. These sessions aim to complement your hard skills with soft skills that you will learn during the Workshop.

The workshop is intended to enhance the various aspects of skills development which are necessarily for contemporary Library and Information Science professionals.

The Program is interactive along with presentations, demonstrations and discussions.
The major topics to be discussed are:

• Personal qualities
• Listening skills
• Communications skills
• IT skills
• Public relations
• Customer service
• Leadership skills and teamwork
• Negotiating skills
• Presentation skills
• Teaching skills
• Writing skills - Business correspondence (writing letters)
• Interpersonal skills, team spirit, Business etiquette, Behavioral traits such as attitude, motivation and time management
• Managerial Skills Development
• Soft Skills Development
  

RESOURCE PERSONS:-
Dr. Amrita
Qualification: MBA with PhD
Experience: Over 10 years of rich experience including with IIMB, in designing and conducting soft skills training in areas of Organizational Behavior and Human Resource Management and in Designing competency based Assessment Centers.
Training Consultant (period of association: April 2004 onwards) - Department of Organizational Behavior and HRM; Indian Institute of Management (IIMB), Bangalore.
Duties: Designing and conducting training programmes, Management Development workshops and Assessment Centers. Preparation of training tools, exercises and reference material. Current Assignment: Assessment Centers for middle to senior management for Novo Nordisk, Middle Management for Apollo Tyres.
Currently: Adjunct Faculty: OB and HRM at IIPM, Bangalore.

Mr. Ashton Harris
Qualification: H.N.C. Business Studies, Middlesex Polytechnic, London (equivalent to MBA); Doctor of Ministry
Experience: 18 years of industrial and training experience in India and England. Expertise in training areas of English Language, Public Speaking, Telemarketing Skills, Lifestyle Management and Personal Grooming, and Assisting with Voice and Accent Training and Improvement

Mr. Ray Neil Dickson
Qualification: Bachelor of Business Administration – Madras University, Tamil Nadu, Certification in UK Voice & Accent Training.
First source Solutions Ltd. Bangalore, South India. Knowledge of Citrix (Sky Television and Broadband Service’s software system). Avaya (Telephone), CMS system– to check the agents telephony Targets. Sky Broadband-Dunfermline Scotland & First source Solutions Ltd. Certified in Yellow Belt, Six Sigma. First source Solutions Ltd, Bangalore.
Experience: Asst. Manager Competency Development: Starting Point Competency Training India Pvt. Ltd.First source Solutions Ltd.

Ms. Madhavi Krishna
Qualification: MCA, M Phil
Experience: 10 years plus experience in teaching various Information Systems subjects. 10yrs of total experience - D B Jain College, Chennai as Asst Professor for 7 years, Presidency college Chennai as Asst. Prof. for 3yrs.

VENUE
Conference Hall
3rd Floor, Block – C
BANGALORE MANAGEMENT ACADEMY
No.17, Ashirwad Towers, Doddanekkundi Cross,
Mahadevapura Ring Road, Marathahalli, Bangalore-37
080-4354 4117 / 4127
Fax:080-28533003