Campus Life

Being a trailblazer in various path-breaking pedagogic techniques over 20 years, and following its legacy of being ahead of the curve in adopting technology to aid the various systems and processes of an academic institution, Globsyn Business School (GBS) has become the first B-school in India to use Blockchain for education in order to digitise its certification process – a feat that has yet to be achieved by any other academic institutions in India, and among the very few to have taken this disruptive step globally. Globsyn Business School's Class of 2018 who got convocated on February 17, 2019, are the first students in the country to have their diplomas on Blockchain. The process of Blockchain certification will not only be beneficial to students and corporates, but also to other stakeholders like higher academic institutions and the education system in general. Through this process, the students of GBS will be facilitated with a private and encrypted digital key, linked to their diploma that will effectively reduce the time and hassle of having to go through traditional processes for documentation and verification of academic credentials, and this will also make the diploma tamper-proof and eradicate any fake production of the same. Thanks to Blockchain certification, students at GBS will now be able to share the credential of their diplomas with future employers, higher education institutions and any other body which requires cent percent legitimacy of their academic credentials, irrespective of geographic locations. Additionally, certificates issued on Blockchain are perennial unlike paper diplomas, which can be easily destroyed. Blockchain is a decentralised distributed digital ledger, which is collectively maintained by a network of computers. It can be visualized as a large ledger book, shared among many people (members) who collectively keep the records. No data on the ledger can be modified by a single person without every other member of the ledger agreeing to the change. Moreover, the ledger book is not stored in one place but is distributed among all the members, ensuring that there is no single person who can tamper with the records – a situation which is highly probable in a centralised database. This makes Blockchain technology hugely secure and is predominantly used in the financial services domain. While the adoption of this path-breaking technology is still in its infancy in the education industry, it is believed to carry the potential to make the education system more dependable and trustworthy. There could be multiple areas of application of Blockchain, but the most prominent use case in the education sector is to issue digital diplomas to students. Blockchain can be also utilized to create an independent learning platform which facilitates the exchange of knowledge between students and faculty, without the need for external control authorities or regulatory bodies. Acknowledgement of excellence in academics can be vastly improved using Blockchain to reward students with digital tokens for their achievements. These tokens could be transferred as credits by students in their future academic pursuits across universities and schools. Using Blockchain, a knowledge bank can

The session started with glimpses of different effects that drive a market and slowly it progressed into a broader side of Economics i.e. Balance of Payments which actually forms the base of current Financial Market. Mr. Anindya Banerjee, an alumni of Globsyn Business School, effortlessly reflected his insight about the market scenario which he has gained through experiential learning. He discussed on the entire Balance of Payment (BOP) and concluded it in terms of accounting statement. In this context, he told that the Accounting Standards prepared by The Institute of Management Accountants (IMA) is called the Balance of Payment Mechanisms 6 (BPM 6). This technique is used almost by every Government in the world. The NRI can access the two kinds of bank accounts which are Non-Resident External (NRE) and Non-Resident Ordinary (NRO) accounts. The concept of Surplus and Deficit came along while describing Current Account and Capital Account. He also highlighted on the conception of capital formation. He talked about the Foreign Portfolio Investment (FPI) which is also called Foreign Institutional Investor (FII) and also highlighted on the theory of Foreign Direct Investment (FDI) which means any type of investment beyond 10% holding and also pointed out the difference between the FII and FDI. He also mentioned the role and significance of NRI (NRE+NRO) and the theory of Corporate Borrowings (CR) with regard to capital formation. Borrowing is nothing but an indication of negative savings. He discussed about the concepts of open and closed economy. He also discussed about the Role of RBI which is the only institution in India that applies to every country in the world who only has the permissibility of printing currency. The theories we have learned so far in different books of different subjects are important as it give us the path for recognition of different scenarios and problems in respect to Financial Management and Corporate Finance, but at the same time it give us the idea about all these under a specific context. The current market scenarios are ever changing and evolving and so the handling techniques. His use of practical examples and pictorial representations made us want to reach to the bottom of the facts easily and without putting much pressure on what we have known so far and what we should know. He explained brilliantly how one’s income is one’s expenditure and without any expenditure there can’t be any income. The bridge he established between finance and economics through his vivid explanations has been truly amazing and worth knowing. Throughout this session he involved us in every bit of knowledge imparted thereby make the time spent interesting and exciting instead if unidirectional. Ritiman Thakur PGDM 08, Globsyn Business School Aparna Ganguly PGDM 08, Globsyn Business School

Students of Globsyn Business School (GBS) organized 'Titanium' – the annual sports event, which continued for four days from December 17 to 20, 2018. The inauguration of the event was done on December 17 by the Dean, Registrar and Principal of GBS, along with the other faculty members at 2.30 pm on the playground of Globsyn. Titanium this year added many new games such as PUBG, Throwball and Chess along with games like Badminton, Carom and Table Tennis. All the students participated and enjoyed along with their studies. Organizing this kind of event in the institute not only motivated the students but also filled them with good spirit. This kind of event also teaches many aspects of management like HR, Operations, Marketing and Finance and gives a practical knowledge to all the students. For example, this time we faced a lot of problem due to the bad weather for the first two days of Titanium and could not organize the outdoor games. However, by dint of contingency planning and appropriate time management and good team work, we were able to complete the whole event on time. Events like 'Titanium' also teaches us of managerial skills and the various types of conflicts that might arise, as all the games were taking place simultaneously. This could have created a lot of confusion among the students but all went smoothly because of good team work and planning with the help of Excel. This is how Serious Fun and the concept of Beyond Education in GBS are implemented and made us learn so many things of management and help us realize our true potentials. Prof. (Dr.) Debraj Datta Assistant Dean Globsyn Business School

Human resource management regards training and development as a function concerned with organizational activity aimed at bettering the job performance of individuals and groups in organisational settings and one very important area of training & development which every company focuses on today for all the right reasons is communication. With this thought, the HR specialization students of Globsyn Business School (GBS) got the opportunity to have an incredible interactive session with Ms. Ria Mukherjee Basu (Faculty – Culture and Language Initiatives, TCS Talent Development) who is looking after nurturing of the TCS employees when it comes to communication and soft skills development. The session groomed the students on Employability Enhancement and Placement Mentoring. Ms. Basu enlightened us on how communication skills are extremely important in today’s scenario and how a good communicator can have that extra edge which can help the individual grow in an organisation as well as in the job markets. She also talked about the basic know how’s of an effective communication process. We had a wonderful time practicing some exercises that can differentiate a good communicator with an average one, thus enabling us with a hands on experience which is more commonly known as ‘learning by doing’ at GBS. In the later part of the discussion she talked about on how to go about in improving one’s communication skills and how important is learning an extra language when it comes to working in the multi-nationals. It was indeed a great learning experience in which we got the opportunity to have a sneak peek into what recruiters are looking for. We firmly believe that this will certainly help us in the near future as well as in the long run as we step into the corporate world in a few months’ time. Arnab Chattaraj PGDM Batch – 07, Globsyn Business School

Hello everyone! Today I am going to share my experience of attending a corporate connect event, organised by Globsyn Business School, where Mr. Samindra Roy, eminent personality and partner of Unigrow Solutions, explained to us about the various management functions, which are dynamic social processed, needed to run an organization. Mr. Roy further added that careful ‘Planning’ is considered to be one of the prime management functions. Planning is future oriented and determines an organization’s direction. It is a rational and systematic way of making decisions today that will affect the future of the company. It is like an organized foresight as well as corrective hindsight. It involves the predicting of the future as well as attempting to control the events. An effective planning programme incorporates the effect of both external as well as internal factors. The external factors are shortages of resources; both capital and material, general economic trend as far as interest rates and inflation are concerned, dynamic technological advancements, increased governmental regulation regarding community interests, unstable international political environments, etc. The internal factors that affect planning are limited growth opportunities due to saturation requiring diversification, changing patterns of work force, more complex organizational structures, decentralization etc. According to him, ‘Organizing’ is another important factor when it comes to management functions. He told us that organizing requires a formal structure of authority, and the direction and flow of such authority through which work subdivisions are defined, arranged and co-ordinated so that each part relates to the other in a united and coherent manner in order to attain the prescribed objectives. Thus the function of organizing involves the determination of activities that is needed to be done in order to reach the company goals, assigning these activities to the proper personnel, and delegating the necessary authority to carry out these activities in a co-ordinated and cohesive manner. We also learned from him that ‘Staffing' is the function of hiring and retaining a suitable work-force for an enterprise, both at managerial as well as non-managerial levels. It involves the process of recruiting, training, developing, compensating and evaluating employees, and maintaining this workforce with proper incentives and motivations. Since the human element is the most vital factor in the process of management, therefore, it is extremely important to recruit the right personnel. ‘Directing’ is another function which is concerned with leadership, communication, motivation and supervision so that the employees perform their activities in the most efficient manner possible, in order to achieve the desired goals. The leadership element involves issuing of instructions and guiding the subordinates about procedures and methods. The communication must be open both ways so that the information can be passed on to the subordinates and the feedback received from them. Motivation is very important, since highly motivated people show excellent performance graph with less direction from superiors. Mr. Sen told us that ‘Controlling’ is another important managerial function that consists of those activities which are undertaken to ensure that the events do not deviate from their pre-arranged plans. The activities consist of

As business students it is important for us to connect with the corporate world in order to know how it works how it functions. At Globsyn Business School we got this opportunity. Mr. Aditya Sharma, Senior Vice President of Boson Energy-Asia, came to our Campus to teach us the fundamentals of accounts and share his knowledge Managerial and Financial Accounting. We were taught the basics of accounts specifically trading account, profit loss account, balance sheet, trial balance observation etc. Finance background students were overjoyed with such an exposure of the finance world while students from non-commerce streams were happy to have learned so much in one day and as a result of which, their interest in finance increased. Mr. Sharma shared his vibrant experiences and gave us important inputs of how a trial balance is to be observed as well as how to read numbers, analyze them and draw conclusions thereby increasing financial accuracy as well. Such programmes of corporate connect is very productive as we were given a quick lesson on financial statement reading, how to solve financial problems and other aspects of the subject. This session was especially very much useful for the non-commerce students as it helped strengthening their finance base and the discussion regarding some advance financial topics sparked interest in many of them. We can conclude by saying that such corporate connects are productive and useful as we have learned a lot from this session and looking forward to many more of such learning experiences. Amiya Paul PGPM - IB Batch 04, Globsyn Business School   -------- . The second corporate connect was with Mr. Aditya Sharma, Senior Vice President-Asia Bosom Energy, who took the session on Managerial and Financial Accounting, designed especially for beginners and intermediate level students of Finance - who would not only like to get a good grip of the concepts of the subject but also be able to comprehend the intricacies of the financial world. Mr. Sharma made us understand about the various steps of accounting methods starting with the primary concepts of accounting. Then he taught us how to post entries from Books of Journal to Individual Ledger Accounts through which he showed us how to get our accounting right when the Trial Balance is tallied. It is due to his explaining that we understood that Accounting is not just about maintaining entries but regulating and observing how the total amount of money is transferred in and out of a business, and how liquidity is affected by maintaining Cash Flow Statement and Fund Flow Statement. Finally he quizzed us on why we maintain books of accounts, and why and how we maintain the financial statements of a company in order to gauge our understanding of the subject. Most of us read the news without really paying attention to the financial news. This is due to the fact that most of us don't comprehend the basics of the subject. This Corporate Connect Program helped us a lot with clearing all our doubts regarding the basics of Accounts and by making us understand

Globsyn Business School arranged for a dance therapy class with Angira Chakravorty as a part of its corporate connect sessions, and it was indeed a wonderful opportunity for us, students, because we could de-stress ourselves of our academic tensions. We also got to learn the nuances of team building, trust, coordination, gaining confidence, revitalizing our minds through various body movements that ma'am taught us. I'm looking forward to many more such therapeutic sessions in the future. Amiya Paul PGPM-IB Batch – 04 Globsyn Business School   Last week we had excellent corporate session of business communication by Ms. Angira Chakrabarty. We learned many aspects of communication that we have to deal with, in the everyday life of an organization. The 'Dance Therapy for MBA Students' session was indeed very interesting, as it helped us to overcome the fear of being judged by others and to flourish by ourselves. The session was indeed a excellent, and we carried with us a lot of pleasant memories and knowledge. Preetam Ghosh PGDM Batch – 08 Globsyn Business School   Had an amazing experience at this session - 'Dance Therapy for MBA Students'! Learned the various ways of how cooperation, de-cluttering and body awareness is essential for the growth of our mind and body, through different body movements. It is not about how well you dance, bit it is all about the movements which we are able to do with our various body parts. The therapy actually gave me a positive insight of my life. It was an exciting and memorable experience. Hope to attain more such sessions in future. Riya Dutta PGPM-IB Batch – 04 Globsyn Business School   The dance therapy for MBA students session conducted by the respected Angira Ma'am was a life changing experience. She taught us on that day how coordination plays a very vital role at any place, whether it is an organization, family, or friends. Body awareness is also very important for working more efficiently & effectively. I want to thank Ma'am for this wonderful session and look forward to such types of sessions in the future. Suyashi Tiwari PGPM-IB Batch – 04 Globsyn Business School   This dance session was one of the best thing that I have experienced at Globsyn Business School. I want to thank the management and our respected faculty for giving us this opportunity. The session was all about de-clustering the mind and body through cooperation and body awareness. It showed that how body movements enriches and energizes our mind within minutes. We got a whole new insight regarding dance. I hope to attend such exciting sessions ahead! Prabal Jha PGPM-IB Batch – 04 Globsyn Business School   This was an unique session because it was not about how well we dance, but how well we move all our body parts. As Angira Ma'am pointed out, our body awareness is also very important for working more efficiently and effectively towards any goal. Hope we can attend many such sessions in the future. Arindam Mitra PGPM-IB Batch – 04 Globsyn Business School   At first, I had no idea what to expect from the dance therapy session but after attending it, I have discovered myself

We, the students of Globsyn Business School, consider ourselves privileged to be given the priceless opportunity to attend a series of Corporate Connect Programs and interact with the esteemed members of the corporate industry. The first one was with the members of NCDEX (National Commodity & Derivatives Exchange Limited), an online commodity exchange, based in India. The august representatives from this organization, Mr. Jhunjhunwala and Miss Brinda Sengupta, explained to us about the whole Evolution of Commodity Exchange Market and about the present regulator, as on date, which is SEBI (Security Exchange Board of India). They also took the time and patience to explain to us, how 'Hedgers'*, 'Speculators'**, and 'Arbitrators'*** play a vital role in the exchange market scenarios. Then he explained to us about all the pros and cons of the various market scenarios, and how to certify and protect us from the 'Dabba' Trading**** system. Overall, this was an overwhelming didactic experience. Because this corporate connect session actually made us realize and understand that simple fact that the more we know, the more powerful we can be in different areas of life. ------------- As students of Management, it is extremely important for us to connect with the corporate world in order to know how it works and how it functions. At Globsyn Business School we consider ourselves fortunate to get this priceless opportunity. NCDEX (National Commodity & Derivatives Exchange Limited), represented by Mr. Jhunjhunwala and Miss Brinda Sengupta, came to our college to give us the much needed exposure about the corporate world. Both the charismatic and eloquent speakers gave us an idea on the functions of NCDEX , as well as tried to explain to us on how the stock market works, and the importance of knowing the stock market and its functions. We were also given a brief idea on the concept of 'Dabba' Trading, which in simple words is illegal trading. It is a process used by the brokers to route their client’s trades outside the commodity exchange. The essence of trading is lost when such practices of trade prevail in the society. Such a corporate connect experience was very much productive as we were given data on corporate calendar and NCDEX products as well as NCDEX brochures which lists the Do’s and Don’ts of trading for our ready reference purposes. We can conclude by saying that such Corporate Connects are productive and useful as we, the students, can learn and imbibe a lot from these sessions and we keep looking forward to more of such sessions in the future.   Contributed by: Amiya Paul PGPM-IB – 04, Globsyn Business School Shanupriya Kulthia PGDM Batch – 08, Globsyn Business School Srijita Chakraborty PGDM Batch – 08, Globsyn Business School Appendix * Hedgers: Hedgers are those who try to offset potential price changes in the spot market by buying or selling a future contact. In general, they are either producers or user of the commodity underlying that contract. Their goal is to protect their profit or limit their expenses. ** Speculators: A speculator utilizes strategies and typically a shorter time frame in an attempt to outperform traditional longer

Training and Development is one of the key areas for any Human Resource Manager. A Corporate Connect Program, titled 'Teaching, Learning and Way Forward', was held at Globsyn Business School for HR School of Excellence students on this area on September 6, 2018. The talk was facilitated by the Talent Development Head of TCS, Mr. Sushanta Sinha, who happens to have over 25 years of experience in IT and IT enabled services. This program was attended by 45 HR students (Major and Minor students), along with faculties from the HR Department. The entire seminar was designed to highlight upon the fact that when it comes to the 'Learning and Development' department of an organization, it is all about the learner. By this it was made clear that the training content and method should be learner-centric rather than oriented around teacher or organization. In this fast growing world of technology, it is no longer a classroom oriented training program which is valued by organizations. Rather, it has drastically shifted towards e-learning. However, if the e-Learning content is focused more on the organization’s needs instead of the employees’, then it runs the risk of being seen as a box-ticking exercise only and thereby, reduces learner engagement among the employees. Therefore, good training activities start with planning the course in such a way that every learner/employee feels engaged in it. Every learner in an organization is unique and the materials should be differentiated as much as possible to achieve the learning objectives. Companies are usually going for creating game-based exercises through which training is imparted, in an online mode. The games that are designed have various levels of challenge built into them. This way, learners who find learning tasks easy have something more to sink their teeth into, while those who find it a bit difficult can still achieve their learning objectives by warming up through the easier rounds. By doing this, companies like TCS, ensure that the organization will increase engagement over a broader spectrum of its learners. Overall, this session of Corporate Connect was a very interactive one, where both us and the faculties could engage in various discussions with the speaker, Mr. Sushanta Sinha.   Saswati Mukherjee & Debanjana Deb Biswas PGDM Batch - 07 Globsyn Business School

I am a student of Globsyn Business School, Batch - 2017-19, currently pursuing my PGDM in Finance Management and the journey of these past 14 months have been incredible so far. Today, let’s explore the place that has become such an integral part of my life in these past few months – Globsyn Business School (GBS). The first thing that created an impression on me was its infrastructure. GBS has an unique way of designing their campus on the theme of a famous book called 'Jonathan Livingston Seagull' where every classroom and even the cafeteria is named after the relevant characters from the book. Apart from having Wi-Fi connectivity all over the Campus, a 'sick room' armed with facilities for providing medical comfort whenever required and a clean and hygienic well stocked canteen that serves healthy and sumptuous food, GBS also boasts of bus and hostel facilities for the convenience of residential and no-residential of students. In these past 14 months I have grown as a person and all this has been possible because of the faculty team of GBS. Each and every faculty member has an unique and excellent teaching style. They are not only very cooperative and responsive but also ever helpful with whatever we need, both inside and outside the Campus. GBS provides every student with various opportunities to learn, but it’s up to us whether we can grab the opportunity at the right time. I had the privilege to be able to gain invaluable experiences by being a part of events such as, Kalyani Youth Leadership Forum or KYLF as it is better known among us. KYLF is a forum formed by the students of GBS, which helps us to imbibe the practice of selfless social work as an integral part of our lives. Through the various social and philanthropic events, we not only try to develop ourselves as better managers and a better human being but also try to work for the betterment of society as well. Apart from practicing selfless social work through KYLF, we also have an annual fest called ‘Serendipity’ which is more of a ‘live project’ for students. It is a huge platform to show our talent and creativity and test our ability to handle and manage such a big and phenomenal event. A few days back, we had a special seminar in our Campus called Women’s Empowerment Programme. This programme was designed to help bring in gender equality and mend the gap between men and women, which will ultimately ensure an increased and improved social, economic, political and legal rights of women in the society. GBS is not just about understanding management studies through lectures and case studies and PPTs. Here we are made to learn through experiential learning, through real life case studies which will actually shape our future managerial careers. Our academic team and mentors also ensure that we grow not just as relevant managers but also as better human beings through the 2 years that we spend at Globsyn Business School. Payel Das PGDM Batch