Fifth Annual Convocation at Jaipuria Institute of Management, Jaipur held on 19 May, 2012.

Fifth Annual Convocation at  Jaipuria Institute of Management, Jaipur

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Jaipuria Institute of Management, Jaipur organized its Fifth Annual Convocation on 19 May, 2012. 

The Chief Guest for the occasion was Smt. Bina Kak, Hon’ble Minister, Tourism, Art & Culture, Archeology, Printing Stationery, Forest & Environment, Woman & Child Development, Govt. of Rajasthan. The convocation commenced with the lighting of ceremonial lamp and invocation to Goddess Saraswati. Shri Sharad Jaipuria, Chairman Board of Governors, welcomed the Chief Guest, Members of the Academic Council and Board of Governors, Parents of the graduating students and the distinguished guests.
Shri Sharad Jaipuria in his message to the graduating students said “Indian businesses need to incorporate 'inclusive growth' into their firms' strategy, balancing profitability and social responsibility at the same time. This is possible only when young people like you join the corporate with a vision, will and attitude to pioneer this change of creating a ‘just’ society where everyone has equal opportunity to develop and grow. This attitude, this outlook to serve the so called ‘access denied’ group cannot come unless business decides to mix humaneness with profits.  It cannot come unless you have empathy for the so called marginalized sections of the society.” He emphasized the students to be empathetic and develop ‘Business Empathy’. Citing a small anecdote he said that the supreme quality for leadership is unquestionably integrity. Integrity means being honest and congruent with words and deeds.  It’s having the courage to act in accordance with your values and beliefs. 
The Chief Guest for the occasion Smt. Bina Kak began with offering her congratulations to all the students who were conferred their degrees. She talked about the importance of being ready for facing the harsh realities of the business world and emphasized on the fact that the course had molded them into hardened professionals.
Smt. Kak stressed on the importance of social and environmental consciousness and commitment from the business community. She elaborated this by adding that just because one is socially conscious it need not be that profitability is forgotten. One has to come up with ideas that are profitable as well as socially obligated.
She also directed her thoughts upon the importance of focusing on art and culture vis-à-vis business in terms of sustainable growth.  She detailed this belief by giving the example of Rajasthan tourism and the way it is presented to the wider world by accentuating the already wonderful world of Rajasthan traditions and art.
In conclusion as a motivational element she tells the parable of the pencil maker, who before sending the pencils into the real world give them tips on what is important for them to be the best.
Director General, Dr J D Singh,  in his address highlighted that the Relentless pursuit for raising the bar on teaching learning outcomes, constant upgradation of the curricula to keep it relevant with the emerging and futuristic demands of the business world, greater integration of technology to take learning beyond class and beyond campus, improving inter-campus exchange and engagement of students and faculty for higher cohesion in our working have been a few items on our action agenda. Student-centricity, student–faculty-staff partnership, expanding on exchange programmes of students and faculty with leading global b-schools for cross culture learning, preparing for  accreditation  by leading accreditation bodies besides continuous investments in development of faculty, and academia industry networking are a few of the initiatives that are a token of our quality assurance system to assure the students that the  rechristened Jaipuria Brand, like never before, will make them  smile and give them  and their  parents a  SENSE OF PRIDE of being an alumnus of Jaipuria. Adding further he offered a few tips, first and foremost, to Have Hunger.  He said, be Hungry to do something extra-ordinary. To live a life of pride longer than your biological life, be hot to take risks, walk on unbeaten path and care not for the skeptics. Be entrepreneurial and creative. Develop an ability to see what an ordinary eye can’t – a la Steve Jobs, Marc Zukerberg, Jamshedji, Lakshmi Mittal, and their likes.  Given the premium on time, the second and final tip of the day is,  Be Happy and have a sense of humour.
The second tip he offered was to Smile,  smile often and allow your laughter to come from within. Laugh with people. Laugh you must when a goof up or a mistake takes place. Who does not commit a faux paus or learns from a mistake. Remember Mahatma Gandhi who said, “If I had no sense of humor, I would long ago have committed suicide”. Cheer up the people who made a genuine attempt yet  slipped and gear them up to keep up the initiative.
Director, Dr Rajiv R Thakur , delivering report for the year 2011-12, said, “ We are a trend setting and innovative destination, which pioneers the concept of integrated business practices in curriculum. The institute is also innovative in its approach to teaching-learning endeavors. In order to supplement the effective delivery of curriculum, the institute is working on devising many pedagogical tools and it runs mentoring clinic for students to guide, cultivate and nurture their dreams.”. He further added that  the institute is serious in establishing its credentials for its quality research, executive development and industry interface contributing to academic excellence. In this respect, the institute has drawn up four priority areas, namely, Research, Management Development Programmes, Training and Consultancy, Conferences, Seminars & Conclaves. Initiatives in all these areas have been  quite satisfactory this year. 
Further, he outlined the notable achievements in other identified priority areas. National conference on MSME in association with AIMA and other partners, Conclave on Challenges in Talent Acquisition and Development, Workshop on Export Import and Forex Management, Three in-house training programmes for ICSI, Jaipur Chapter, four FDPs on Data Analysis tools, Structural Equation Modeling, MDP on Skill Enhancement for Marketing Professionals and a Five day National  workshop on Floss Based Library Automation Software – Koha, for librarians in association with BIMTECH, ICSSR and DRDO,  are few of the events which brought a significant turnaround in the academic environment of the institute. In further recognizing our responsibility towards our society, especially in context of the state of Rajasthan, we took the novel initiative of starting a Thought Leadership Series, a platform which would have eminent and experienced personalities from different walks of life sharing their valuable thoughts. In January 2012, the series was inaugurated by  Prof. V S Vyas, Padmshree, Member, Economic Advisory Council of the Prime Minister of India, Chairman State Planning Commission, Rajasthan and former Director IIM Ahmadabad. He also delivered the first  address of the Series  on “India‘s Growth Strategy: Pitfalls and Possibilities”. It was a great success and  gave us immense recognition in academic and corporate circles.  
Talking about placements he said, this year so far, the average package has witnessed a hike of 29% as compared to last year at. Rs. 4.38 lac per annum and the maximum CTC of Rs. 6.70 Lac with Bank of Baroda has been achieved by three of our students followed by two other students with a CTC of Rs. 6.50 Lac with Indian Bank. We expect soon to close the placements for remaining students with deserving work profiles, companies and compensation. Some of the prominent companies that have already conducted recruitment process for the 2012 batch are CRISIL, Deloitte, Genpact, Tata Motors, Indian Bank, HDFC Bank, TTK Prestige, Reliance Digital, SBI Life and General, DLF Premarica, ITC, Zee News, TVS Electronics. 
He ended his address by congratulating and extending his best wishes to the graduating students and thanked parents for entrusting their kids to Jaipuria in their  transformation process.
Shri Shreevats Jaipuria, Executive Director, proposed a vote of thanks. He thanked Smt. Bina Kak, members of the Board of Governors and Academic Council, faculty, staff and all the distinguished guests, especially the parents of the graduating students. He felicitated the students and advised them to remain eternally young by being open to new progress, new improvement and new transformation.
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