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Dr. Bjorn Lomborg at Jaipuria Institute of Management, Jaipur – thought leadership and more.

Dr. Bjorn Lomborg visited Jaipuria Institute of Management, Jaipur on 13 December, 2017 for a talk. This was an event that everyone at the Institute was eagerly waiting for given the preeminent reputation of the speaker. Dr. Lomborg is president of the Copenhagen Consensus Center and visiting professor at Copenhagen Business School. The event offered an opportunity to discuss the role of Management schools in making managers globally sensitive.

The Copenhagen Consensus Center is an award-winning think-tank that researches the smartest ways to do good, working with 300+ of the world’s top economists and 7 Nobel Laureates. The talk was organized essentially to introduce some of the world’s leading thought leadership work to faculty and students and also to identify areas of commonality between the Institute some of the work being done by Dr. Lomborg. The choice of Jaipuria Institute of Management, Jaipur as the venue was apt given its approach towards creating business managers who are responsible citizens and that the Institute is at the forefront of taking Rajasthan ahead in management education and thought leadership. Moreover, the Institute has entered into 16 MoUs with NGOs for whom students work on projects.

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At the onset, Dr. Lomborg began by addressing queries on his first impressions of India, Rajasthan, and Jaipuria Institute of Management. “I love the weather and I love the incredibly friendly people. I do feel there are many opportunities to make India and Rajasthan an even better place,” were the thoughts he started with.

Jaipuria too created a great first impression on Dr. Lomborg going by his words, “I find Jaipuria Institute of Management, Jaipur an amazing place. I had a chance to interact with the students and some of the faculty and it feels like this impressive place where incredible work gets done. I was particularly impressed by the level of engagement the students had during the talk. They wanted to understand how we can actually have better cost benefit analysis for impactful projects looking at what could work for Rajasthan.”

One of the areas the Copenhagen Consensus Center focuses on strongly is making business more sensitive to societal needs. On this, Dr. Lomborg said, “As business managers you should of course be worried about the environment. Prioritizing low costs and high profits only at the cost of environment and society is not just irresponsible but also bad for business in the long run.”

On his Center’s involvement with India, he said, “In India we are initially beginning our involvement with two states, Andhra Pradesh and Rajasthan. We are working closely with Mr. Ratan Tata who wants to see sustainable business practices all over India. When I look at India, I see a country full of hope and full of opportunity.I am most excited to work with some of your most brilliant economists and business people to take this ahead towards achieving its ambition.”

Overall, this was an excellent opportunity for Jaipuria Institute of Management, Jaipur students to hear from and learn from an eminent global thinker to get a better global perspective around pressing issues of our time.

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Jaipuria Lucknow STUDENT Speaks

First job with India’s largest private sector lender by assets- HDFC; Kritika of Jaipuria, Lucknow is set to start big

“If Chanda Kochar and Arundhati Bhattacharya could make it to the top in an industry predominantly headed by men, why can’t Kritika Ray!” was the Kolkata girl’s question to his interviewer. With this kind of confidence and focus in mind, Jaipuria Institute of Management, Lucknow’s Kritika got the desired attention of her interviewers even though her initial rapid-fires weren’t going very well according to her. At the moment, she is all set to join India’s largest private sector lender by assets- HDFC in a matter of few months.

Kritika as a fresher in the industry might lack a couple of professional traits but confidence and optimism aren’t among them. She had to take the heat of three rounds before she was announced among the selected from the four campuses of Jaipuria Institute of Management. The first round was Aptitude test which consisted of questions in english, reasoning, quantitative ability, sales management, customer management, etc. The second round was Group Discussion “where they filtered us on our communication, ability to think fast and sponteneity. Oh, none of it was easy but the third round was yet to come,” exclaims Kritika with a determined smile on her face. The third round was the final round. Throughout the interview they were checking knowledge on banking sector, marketing skills, flexibility with locations, managing stress situations, etc. “By the time it ended, it seemed almost impossible to even imagine I could make it through, however, I was satisfied because I had put my all,” chuckles Kritika.

At Jaipuria Institute of Management, Lucknow students are vetted and immersed in rigorous activities to outperform in the final interviews. With a healthy peer competition, each one are made to ace the race of week zero placements. The Placement Cell arranges multiple mock GDs, mock PIs, pre-placement talks, Personality Development Programmes, workshops, seminars to help students beat the fear of facing senior professionals across the table. “By the time we run through them and face the real interviews, let’s say, we are almost bulletproof, guarded and ready from every aspect,” explains Kritika. Therefore, it is of little surprise to see Jaipurians making it to some of the leading companies across the world and alumni heading the highest of offices in the five continents.

We asked Kritika about her go-to resources these two years of PGDM at Jaipuria Institute of Management, Lucknow? For her, the answer came almost in reflex-“my faculty; especially Prof. Richa Srivastava my mentor. She has been a consistent support all through. Plus, the way Finance is taught or dealt here as a subject in PGDM is extraordinarily experiential. We completed numerous national-international case studies, projects, analysed situations, learnt from role plays, heard top industry leaders from the BFSI field, attended impacting internships to sharpen our claws for better grip of the segment.”

Of course, for Kritika who had come to Lucknow all the way from Kolkata, a starting package of Rs. 6.45 lacs right at her first job did call for a lot of celebration. It started with the first phone call to her home and joyous exchange of greetings with friends at the B-school!

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Jaipuria Lucknow STUDENT Speaks

Vartika learnt from every bends at the Singapore study programme

“I have been reading a lot around Inflation these days,” and the interest got triggered in Vartika since her arrival from the study programme in Singapore. Jaipuria Institute of Management, Lucknow’s Vartika Pant was thrilled by the information she gathered while interacting with the Singaporeans. From the cab driver who drove her from the airport to the hotel, to the old lady selling fragrances in the Mustafa Shopping Centre, she couldn’t believe just how a study programme could change her perception towards economics and strategies adopted by Governments all across the world.

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Having spent one full week understanding “Innovation Management” in the foreign soil, Vartika like a true traveller had her main picks happening on the streets of Singapore. “It’s astounding to see how the citizens take their duties seriously there. I had requested a guard to help us click a group photograph but he politely turned me down explaining how he couldn’t take his eyes off from his post,” says Vartika. No wonder, with such commitment being displayed by citizens of the country, Singapore is projected to have a GDP growth of 3.70 percent by 2020!

For Vartika, there were lessons at every bend and turn of the trip. The project assigned to her team was “to study the innovations that make Singapore a world class city and thereafter, reflect on how those innovations can be implemented in Lucknow to convert it into a Smart city.” Simple as it may sound, successful completion of the project laid in the observational power. With 15 teams working on the topic, Vartika’s Team 5 was the winning one. How? They kept the banks of River Gomti at the Gomti River Front in their mind while planning how Wings of Time of Sentosa Island can be housed in Lucknow. They spent hours in observing, strategizing and gauging the spends for placing the larger-than-life water screen, latest multimedia effects, including 3D projection mapping, state-of-the-art lasers, robotic water fountains and giant water jets and pyrotechnics in a comparatively smaller city like Lucknow. “Every move was calculated and thought with precision. We drew heavily from the lectures we attended and the people we interacted around these subjects,” remarks Vartika with a winning smile.

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But the most intellectually fulfilling moment from the trip wasn’t the win! It was “the lecture I attended at S.P. Jain School Of Global Management, Singapore. It was delivered by Prof. Hagit Ben. She assigned us an activity called “Passing the Ball” on communication and leadership. It was challenging!”

Clearly, unless one attends the out-of-classroom experiences amidst more dynamic ecosystems, it is not possible to believe the amount of possibilities these experiences may hold.

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