As we walk forward through the roads of life, we happen to gain a lot of experiences and create umpteen memories. College life brings a very different phase in each one’s life and we learn and grow up from cocooned caterpillars to vibrant butterflies and one fine day fly off to face the world and add value to this society.
After many years, here at School of Management, NIT Warangal, we organized a grand alumni meet where our alumni from different parts of this nation visited the campus and participated in various events that were specifically designed for them. The events were conducted for two days; 26th and 27th of November, 2022. Alumni, right from the 2000 to 2002 batch to the 2020 to 2022 batch, were present to commemorate the event. They interacted in a very cordial way with all the existing batch students and contributed to our overall learning by sharing their valuable experiences. Each one of them were associated with various government and multinational organizations in different positions of prestige and honor.
One of our most revered alumni Mr. Gowri Shankar who currently is working with G&G group Singapore as a senior Director was chosen the president of the Alumni Association of School of Management, NIT Warangal. His contributions to SOM are significant and praiseworthy. The decision was taken through a formal general body meeting with a consensus. All the alumni present participated in the election process. There were various strategies and planning documented for fostering the department’s growth and enhancement.
Overall, the event was a grand success and all the alumni who participated in the meet were overly delighted by the planning and execution of the entire event, the hospitality and overall programmes that were carried out over the two days. The efforts of the existing batch students were highly appreciated. The alumni team members also planned and successfully executed the program to felicitate every respected faculty member right from the ones who had retired many years ago to the existing ones. Overall, the alumni meet 2022 was a grand success.
This blog was written by Mr. Dipanjan of MBA, batch 2022-24
School of Management, NIT Warangal is extremely glad to host the convergence of alumni of 20 successful batches on 26th and 27th November, 2022. We, the current batches of 2021-23 and 2022-24 are eagerly awaiting for your presence in the campus and the wait is no long to stretch.
To all the alumni of SOM NITW, a hearty welcome to the place of your cherishable memories!!
For our dear alumni, who aren’t able to make their presence, here’s the navigation to drive through a live telecast of the happening event, Alumni Meet 2022′.
In this transcending business era infused with technological advancements, there is a huge importance to expand our knowledge by leaps and bounds. Many a time, knowledge transfer happens through networking and interacting with people working in various fields and indeed communication and socializing are essential skills for people into business upon which majority of actions are relied on in the rapidly changing world.
We, the Team Newsletter, enable our readers to gain insights from the experts in industry through our quarterly issue of Newsletter where we have a dedicated column ‘Career Desk’ that is composed of the experiences and expertise of corporate individuals from across various domains of work. The current issue ‘Volume3_Issue3’ is a special one as we had a podcast interview with an young entrepreneur, Mr. Manish Kumar Gutta who started out his entrepreneurial journey at an young age of 21. Mr. Manish is a prodigy in web designing, application development, and content marketing. His company is based out of Hyderabad and essentially offers services in the IT domain. He’s been enthusiastic to establish a startup right from his college days (UG) and set one on his own in the year 2018. Thereon, he didn’t turn back. His motivation factors that drove him to set a startup, his entrepreneurial journey and more insights of his work experience in the emerging business world can be accessed through the podcast.
The word acknowledge holds various meanings situationally, but the essence remains the same. A few of the meanings it has are as below:
An act of admitting the truth.
An act of praise or thanks for some achievement or deed.
A usual written or oral statement that says a message was received.
It is the most missing trait in individuals of today’s era. There are many associated factors, like trust, interest in connecting with a person, losing opportunities in hand, etc., with the lack of a simple acknowledgment. The elaboration goes this way, meaning-wise.
An act of admitting the truth
Our generation has the quality of being stubborn. We generally deny admission and correct any action that goes wrong or is falsified. Rather, we go way beyond to cover up the situation by giving out silly reasons. It may settle for the moment, but it has its own repercussions to face further.
An act of praise or thanks for some achievement or deed
When someone helps you, be grateful and thank them for their deeds towards you. And, at the time of your opponents’ winning the game, be kind enough to appreciate their achievement. You too will have your turn to receive the accolades, which may be bigger than the achievement you missed earlier. Being positive!
A statement that says a message was received
In today’s fast-paced world of work, acknowledging a message communicated is definitely missing. It’s fine to ignore unnecessary messages, but people take certain communications for granted. It is a basic courtesy to revert back to someone who conveyed to you a message, be it either a wish, requesting any information, or any kind of ask/help, etc.,
I personally did not acknowledge people sometimes and also experienced it from a few, which I later regretted being so. We generally do not tend to understand what others think when you act in a certain way unless you walk in their shoes.
Hence, acknowledgment is one important communication etiquette that every individual must possess, be it a working professional, or a student, or a business leader.
This article was written by Sandhya of 1st year MBA, 2021-2023 batch.
Management studies let a person stay connected with the transcending business world and traverse through unexplored arenas of business practices. The right medium drives you forward to the path of exploration and offers a scope to make a career in the desired domain. I, in person, as an aspiring student of Business Management, chose one of the prestigious schools of management, SoM NIT Warangal, to pursue my Masters in Business Administration (MBA).
Moving forward, the curriculum, tasks, events, etc., are the learning steps of a stair that leads to a stable career. Placements in an institution channel the efforts the students put forth in academia to contribute to the industrial requirements. A good placement, in general, is always rated on the basis of the job role, package in a reputed organization and it is to be noted that it entirely depends on the individual skills and efforts to get hired in the best company, but not solely a rely on the institution that you pursue a course would bring the placements and get every individual placed.
School of Management, NIT Warangal offers an environment that allows an individual to mold and execute a task taken up in a perfect manner thereby an assured skilling up with progressing time. It will definitely be through competitions, events, clubs, internships, and every extracurricular activity that add an edge to an individual’s resume and contributes to their career growth and placement. So is the execution portfolio of every NITW’s school of management student and hence the consistently growing curve of performance as well as students getting placed with progressing academic years.
On the top, the companies that visited and recruited our candidates and the ones that are soon walking into the campus to hire further are listed below:
List of Companies
Oxane Partners
KEC International Ltd.
Cogoport
Evosys
AECOM
Infoway Pvt. Ltd.
Deloitte
Tata Hitachi
Kantar Analytics
QUIXY
Hitachi Energy
SLINTEL
TCS
Nomura India
Latent View
Afcons
Tata Projects
Accolite
Blend 360
Steel strips
Linde, TCE
Schneider Electric
Eleation
Collegedunia
Vistex
Adani ports
Collins Aerospace
ZL Technologies
Loyalty Juggernaut
Indus Insights
India Mart
Schlumberger
Emergeway
Adobe
Aakash
BYJU’S
Biocon
Porter, Transsion Holdings
PK Global
Microland
SBI Life
Federal Bank
It is the continuum of momentum of students getting placed this academic year too with an increased CTC compared to last academic year. The placements for this academic year 2022 aren’t yet done but still in progress with more hirings to happen soon.
Here is the comparative analysis of the CTCs bagged by SoM NITW’s students:
Academic year
Particulars
Statistics of placement
2021
Highest CTC
12.53 LPA
Average CTC
7.80 LPA
2022
Highest CTC
15 LPA
Average CTC
7.5 LPA
To any educational investment we make, the returns expected must match the worth we put in to pursue that course. Being a student of MBA, the calculation of Return on Investment (ROI) to the course would be an obvious phenomenon, like the course itself teaches us lessons in the same terms. At SoM NIT Warangal, the ROI is compatibly large than any other institution/B-Schools that offer a master’s course in business administration and note that the quality of education (as everyone knows) is to the core that involves exposure of students to numerous real-world business scenarios and training them as industry-ready individuals.
The School of Management has its presence in the arcade of NIT Warangal along with various UG, PG, and Ph.D. offering departments but holds its own unique functioning and reputation besides being a part of NITW.
This blog was written by Sandhya of 1st year MBA, (2021-2023) batch
“Wrong to take Ronaldo? Never,” Juventus president Agnelli told Italian newspaper La Repubblica. “I would do it again tomorrow.”
With this, The prodigal son returned with a clear intention to return to the principles that defined the Sir Alex Ferguson era. Manchester United pulled off a dream signing, welcoming Cristiano Ronaldo back, in the last few days of the crazy summer window.
Excitement over his return to the Premier League was massive – and with adequate reason. There is only a modicum of sports stars on the planet who can induce this kind of global involvement. And what could be expected less from the GOAT, he scored 2 goals in his second-time debut for the red devils in the Premier League and 1 goal in his Champions League debut for them respectively sending the red fans in a trance. while being named the player of the month for the Premier League and Manchester United for the very first month of his return, And football pundits said he was too old for premium league and it was too fast for him.
He has signed a 2-year contract (with the possibility to extend) for a prior fee of £12.86 million and the potential for an additional £6.85 million in performance-related bonuses. This is mainly down to his age. At 36, he is nearing the end of his career, and the fee reveals this, even though his enactment level remains high. The performance factor is revealed in his salary, which is established to be around £385,000 per week, so Manchester United will be spending around £60 million as the total cost.
But how does a player of Ronaldo’s professional greatness implicate the business perspective of a prominent football club? Where are the key monetary wins generated by sporting superstars?
THE NUMBER GAME
Shirt sales? Up. Social media followings? Up. Sponsorship deals? Up. Ronaldo, it is clear, was an assurance of more than just goals. Ronaldo has already boosted United’s shirt sales to a record-breaking quantity, but it is Adidas that will see the preliminary benefit. That said, United’s current deal with Adidas is already football’s heftiest, and the Ronaldo effect should entitle the club’s administrators to push up the price when it comes to renewal.
The power of his brand (he is widely known as “CR7”) immediately magnifies the club’s global reach and appeal. Ronaldo presently parades half a billion followers across social media, described with Manchester United’s 140 million and the acknowledgement of his signing blazed 12.5 million likes on Instagram. Converting this reach into cash is critical. United’s widespread business operations should also see a significant boost. Sponsors will be plunging over themselves to partner with United, and it is possible the club could make an additional £30M in commercial arrangements in the next couple of years.
And while exact numbers are difficult to predict, we can look to Ronaldo’s last club, Juventus, for a guide. While he was in the squad, Juventus renegotiated deals with Adidas and Jeep and signed a new one with Konami in Japan who quoted the “RONALDO EFFECT” as a major justification behind the partnership.
Manchester United meanwhile already generate ample value from commercial deals and Ronaldo will help exacerbate those numbers. The team and the player have been described as a “match made in heaven,“, with the share price of the club jumping before Ronaldo had even kicked a ball back in Manchester.
Longer-term gains can be anticipated in the next couple of years, and if he helps the club to win trophies, the numbers could be mind-boggling. Recent research found that 40% of respondents in seven countries (including England, Poland and Brazil) aged 16-24 had no interest in football, arousing fears of a “missing generation” of fans so, anything that broadens the reach to younger age factions is of tremendous interest to club owners, so Ronaldo’s social media presence is yet another box ticked.
In India for example, nearly a third of fans say that allegiance to a player influences their support for a club.
For Manchester United, there is money to be made from the return of CR7. The club will gain new fans and new deals – and if he scores goals and wins matches, maybe even a new trophy. The coming summer transfer window is already creating a sensation with big names like Mbappé who becomes a free agent and have every intention of joining Real Madrid and with Halland also likely to make his way to Spain, a treat for the La Liga fans.
This blog was written by Shubham ojha of 2020-2022 batch.
In the contemporary world where business is moving hand in hand with advancing technology, the industrial expectations are on par with hiring candidates who are well versed in business management along with insightful adeptness over technology as well.
The School of Management, NIT Warangal, envisioned the opportunities of the emerging world and designed a comprehensive MBA curriculum exclusively for candidates in technology, the students with an Engineering backdrop.
The MBA program at the School of Management (SoM), NITW is equipped with splendid resources, infrastructure, and prominently the faculty who impart their knowledge to the core and back the students at every growing step. The program offers electives with areas of specialization in Finance, Marketing, HR, IT, Operations, and allied areas of management.
With 21 years since its inception, the School of Management has bagged numerous accreditations and achievements witnessing tremendous growth with progressing academic years.
Now, the SoM NITW invites applications from eligible candidates for admissions into the upcoming academic year (2022-2024) through CAT/MAT scores.
For detailed insights about the School of Management, NITW and the admission process, visit https://www.nitw.ac.in/
“To be without trees would be, in the most literal way, is to be without our roots.” – Richard Mabey
God’s most beautiful creation is nature. It celebrates all its creatures’ growth, development, and nutrition. Given the numerous benefits of trees, such as their ability to release oxygen into the air, absorb unpleasant odors as well as harmful gases such as Carbon dioxide, Carbon monoxide, and Sulphur dioxide from the air and purify it, protect us from harmful ultra-violet rays, and play a critical role in preventing soil erosion, maintaining ecological balance, and, most importantly, reducing the effects of global warming. Considering the numerous advantages of trees, Social Outreach Team, School of Management, NIT Warangal has taken an initiative of “TREE PLANTATION DRIVE” on Sunday, 9 January 2021.
Such small measures made collectively by students would undoubtedly aid in the development of good mental and social health in today’s youngsters, allowing them to connect with their peers, elders, community, and environment.
Planting trees isn’t just something that should be done; it’s a requirement, a pressing need of the hour. Tree planting is particularly crucial for protecting our environment from air pollution and global warming. It’s past time for us to accept accountability for our actions. We must return to the earth and care for her in the same way that she has cared for us for so long. To restore the beauty and greenness of our planet, we must plant as many trees as possible.
“Plant a tree for a brighter tomorrow”
This blog was written by M. Jeevan of 1st year MBA, 2021-2023 batch
2021, another challenging year of pandemic passed by in a blink. Traveling through the crests and troughs of these tough times, we all reached a new milestone in our lives. Every sector of the economy and every section of the population are affected globally as the pandemic made us standstill with its outspread.
Well! Education is one major area of concern that went into chaos for a long while as ‘how to cope up with the process of learning?’ which took a lateral shift to online platforms to maintain the stream. Learning, Knowledge transfer, Communication, and Interaction are the essence of education and we, as students of management, are to adorn them to the utmost. A real-time connection would allow us to tap the essential skills profoundly but we made it happen by tuning into the virtual mode too. We designed, planned, and executed every single activity through face-time connect, maintaining the integrity in unison.
As we’re round the corner of year-end, we give a time travel of events and activities at our School of Management, NITW in 2021 through this writeup.
26 January: Republic Day
Being proud citizens of India and receiving education from one of the reputed institutions of the nation, Republic Day is one national festival we celebrate to commemorate the establishment of the Constitution of India. Abiding by the strict COVID-19 rules imposed, the institute converged the administration and students on a live stream through virtual media. Students from various states came forward with ecstatic presentations unveiling the diversities of respective states demonstrating ‘Unity in Diversity’.
Admissions 2021
School of Management NITW started the admission process for 2021-2023 MBA intake of students based on CAT/MAT scores. A total of 91 students were shortlisted through Personal Interview (PI) and Group Discussion (GD) through online mode on 26th and 27th of March.
29 April: Abhiyan’s Valedictory
Team Abhiyan celebrated its legacy of learning on this day with a recap of all the initiatives and activities held by the team since its inception in the year 2003. Despite the pandemic, the Abhiyan team never turned down in their efforts to engage peers into participation and skill improvement, though the happenings were virtually held. Abhiyan organized the valedictory event for the year 2021 on this day.
July 27-28: Global Conference
The National Institute of Technology Warangal of India along with the Chapman University of California, Howard University of Washington D.C jointly organized the first virtual Global Conference on Innovations in Management and Business. This conference aimed to bring together leading researchers, scholars, and instructors from interdisciplinary fields in business and management to share their experiences and research results. This virtual event attracted 260 participants from over 25 countries.
August 15: Independence Day
“Azadi ka Amrit Mahotsav”, the commemoration of 75 years of independence is celebrated this year signifying the glorious history of the nation. Dr. N.V. Ramana Rao, Director of NITW, graced the event and hoisted the flag. With the pandemic under control, few attendees were seen in the event alongside a live telecast on YouTube and Facebook.
October 9: 19th Convocation Ceremony
On this day, the 19th Convocation Ceremony of NIT Warangal was conducted. The Union Education Minister Shri Dharmendra Pradhan Ji, the chief guest, addressed the students in online mode and congratulated them on obtaining their graduation degrees.
October 18: Abhiyan Inaugural event
Abhiyan, the departmental club of the School of Management (SoM), NITW, extended its heritage by introducing the club and its stature to the new batch of 2021-2023. The event is set to commence its functions for the academic year 2021-22 with the new stakeholders joining the team.
Webinars
Being a student of Management, exposure to corporate culture and acclimatization with the advancing business world is a must to procure. Hence, we invite eminent speakers who work in various domains, in the corporate world, to share their experiences and enable a knowledge transfer through these interactive sessions. In 2021, we held over 20+ webinar sessions to date on a wide range of topics. We have the mention of every session topic and the speakers updated through our broadcast medium-Newsletters.
Issuance of Newsletters
The Newsletter is our means of broadcast to update the happenings in SoM NITW every quarter of a year. Issues of a specific year are clubbed to call as volume and this year we are on Volume2 issuance.
Our 2021 (Volume2) issues are here for your read as online flipbooks:
The department felt the liveliness for the first time after the pandemic when students were on the campus and with them were sentiments of joy and warmth. The 2020-22 batch started their MBA course via online mode and this is the time in December 2021 when they finally converged in real-time. The class was filled with the excitement of people meeting each other physically for the first time, be it with colleagues or mentors with introductions and laughter shared along.
Down the memory lane of 2021, these are the recap of all the happenings at our place. Here is the end of the ‘rewind and play’ of 2021 at the School of Management, NITW. Stepping into another new year, 2022, with all the joy and hope of uninterrupted endings and fresh beginnings, let’s anticipate the challenging pandemic situations to sort to the best.
Signing off 2021!
Towards the new beginnings…
Wishing you all a very Happy New Year 2022!!
This article was written by Sandhya of MBA 1st year, batch 2021-2023
Newsletter – A grey literature with compilation of news concerning activities of a business or an organization that is published timely to share relevant and valuable information with their network of customers, employees and other subscribers.
We, at School of Management (SoM), NIT Warangal, conduct ourselves as management organization to map with the corporate work culture. We work in collective cognition organizing various activities inclusive of webinars, business management events, alumni talks and many more. As we go ahead in this management journey year by year, we planned to compile every happening in our school and release an issue on a quarterly basis to our prospects as a Newsletter.
SoM NITW’s journey of Newsletter started with our first issue in May 2020. Thereon, we made 6 consecutive issues till date of this write up. Our issuance of Newsletter segregation is in volumes with each volume constituting 4 issues and each issue is the Newsletter pertains to that specific quarter of the year.
Each Newsletter we issue is unique in its own way with splendid news, content and updates of NITW as SoM. Besides, every issue covers varied contexts like business facts, excerpts of alumni talks, career advices to management students, puzzles, outline of research projects, book bites, webinars, business quiz, placement updates, internship guidance from seniors to fellow juniors and many more. Every issue updates with new inclusions.
The troop behind the framework is the dynamic team of Newsletter. Each one in the team step into different roles and converge with varied topical information to put together as a report that is released as a Newsletter. With progressing academic years, the team maintains its dynamics by hiring new enthusiasts, who are willing to join the team, thereby continuing the existence and lead to growth. We are a team of 9 at the moment (2020-2023), constituting students from I and II years of MBA. We are extremely happy to bring to you the issues of SoMs Newsletter and express our gratitude through this write up to all our readers who contributed to the success of our issues. The feedback we receive for every issue is enabling us to make our future newsletters more creative and evident to wider network.
Tune-in to us! We are up to release our next issue soon on the end date of this year 2021…
This article was written by Sandhya of MBA 1st year, 2021-2023 batch
School of Management, NIT Warangal 