Tulane Faculty Teaches Globsyn Students

Globsyn Business School vision of providing quality international education to its students saw Prof. William Resse – Clinical Professor (Finance & Economics) of Tulane University fly down to its campus to teach a special module ‘Investment’ to the International Finance students of the school. During the weeklong stay at the campus Prof. Resse trained the students on different concepts of Investments like CAPM, Market Efficiency, IPO, Hedging of Portfolio, Bonds etc.

After the conclusion of the module Prof. Resse was extremely happy with the students for their active participation and wished to come back again to work with them in future.

Tulane Faculty Teaches Globsyn Students

Globsyn Organizes Session on Budget 2009

In the era of global linkages when the world economy is coupled with each other in such a way that even a small hiccup has multiple effect on each country, an economic crisis like the current situation is certainly going to have major influence in the functioning of any country. India which is one of the fastest growing economies of the world also is not detached from this crisis and it was evident when Finance Minister Pranab Mukherjee presented the budget for the year 2009-2010. The government tried to cope up to the crisis but the stock exchanges straightway gave a thumbs down to the budget. On the other hand the economists were seen more or less happy but the corporate sectors gave a mixed reaction. News channels, Business Magazines, Newspapers are still trying to read the fine prints of the budget and still trying to find the answer of the question – How was the Budget 2009?

Globsyn Business School, which has always worked to keep its students updated with all important issues, organized a seminar with both industry and academia to discuss about ‘Budget 2009’ to get a detailed view of this whole situation. The speakers in the seminar mainly discussed the budget in three dimensions – the background of the Budget & the high fiscal deficit, provisions for inclusive growth, and the tax structure.

To start the proceedings Dr. Anjan Chakraborty (HOD – Economics, University of Calcutta) explained the background of the budget in details. He termed the current situation as an Economic crisis, a crisis of neo-liberalization and globalization. In this situation strong government measures are absolutely necessary and the Indian government like its world counterparts is also taking firm actions to deal with the situation. The union budget 2009 is a continuation of the economic measures of Indian government. He justified the high fiscal deficit in the budget as it was necessary to maintain a high growth rate of GDP in a situation where the other components of it like – consumption, investment, or net export is not showing positive movement.

Elaborating on the inclusive growth, Dr. Srimanta Bhaumik (ex Reader – Economics, Presidency College) harped on the point that the Indian rural economy has the potential of becoming the most important driving force of GDP. His point was that the reduction in external demand can be countered by increasing the internal demand especially in the rural sector. As a reason of that the government is expending heavily in this sector. But he also shared his reservation about it as this kind o f measures did not yield any significant results before. His suggestion was that the government should focus in increasing the facilities for agriculture which is the main component of rural economy and which will help to make the rural economy to grow from within.

Mr. Pallav Gupta (GM – Taxation, ITC), an industry veteran then shared his view about the budget. His speech was mainly focused on the different tax structures proposed in the budget for the corporate sector. The effect of direct and indirect taxes on common people was discussed in length by Mr. Gupta. He also shared his concern about the Goods and Services tax that the government is proposing to introduce from next financial year as it may not be possible due to difference in interest between the states of India.

At the end of the session there was a brief Q&A session where students asked different questions to the panel members to clear their doubts. They were also thankful to Globsyn Business School’s ‘Knowledge Cell’ to organize such a seminar.

Globsyn Organizes Session on Budget 2009

Globsyn Rotaract Wins Award

The Rotaract club of Globsyn Business School (Rotaract Club of Calcutta Metro South) has won the prestigious ‘DRR’s Citation 2008-2009’ award for their outstanding project – ‘Durga Puja at Old Age Home’ at the annual award of RI district 3291. The project which was organized at an old-age home at Subashgram saw around 30 aged men & women enjoying the five days of the festival with their young friends who also organized cultural programs apart from the traditional puja. After spending the five days at the ‘home’, the club members termed it as the best Durga Puja they have ever celebrated.

Globsyn Business School which always focuses in developing complete professionals, who not only excel in professional field but also have human values, was extremely happy with this achievement and hoped many such projects will be taken up by the students in near future.

Click here to read the 'Durga Puja at Old Age Home’ report

Globsyn Rotaract Wins Award

US Consul General visits Globsyn

In a fast evolving world, witnessing rapid changes in the business and investment climate, it is imperative that management students not only keep themselves abreast with the latest developments but are provided with the opportunity to hear speakers, representing major economies, sharing their views on a plethora of issues spanning across burning topics such as the financial meltdown, entrepreneurship during troubled times, among other issues.

As a part of Globsyn Business School’s calendar based approach of inviting eminent personalities to address its students, on a regular basis, the school, this time around, invited Ms. Beth Pyne the United States Consul General to give a talk on the current financial climate in the United States and its underlying world impact.

A consummate speaker, Ms. Pyne held forth on several issues, including how the financial community is now reorienting itself to redeem, as it were, their past follies including lack of regulatory compliances, poor risk identification and mitigation strategies, among a host of other equally important issues, like President Obama’s plan on revamping the health care system to give a boost to the economy, regulatory improvements and creating new frameworks etc. Talking to the students on the subject of entrepreneurship, Ms Payne shared some interesting facts including how ‘failure’ is an important part of the entrepreneurial journey and how financial institutions are more ready to entrust their dollars with entrepreneurs who have seen both failures and well as successes and are more likely to succeed and multiple their businesses as opposed to those who have either not stood up to failures or haven’t come face to face with failure.

Following up with a highly interactive Q & A session, Ms Pyne thanked GBS for giving her the opportunity to not only address it’s students but also exchange notes, and urged the students to not only make use of such opportunities but work consciously towards finding solutions to help create a better world.

US Consul General visits Globsyn

Globsyn hosts AIMS workshop

Globsyn Business School (GBS) in association with Association of Indian Management Schools (AIMS) organized a workshop on the topic ‘The strategy of B-Schools in Present Meltdown Period’ at its campus on 27th June 2009. Welcoming the guests Prof. R. C. Bhattacharya (Director & Vice Chairman – Globsyn Business School) elaborated the importance of this workshop. The keynote speech of the program was delivered by Mr. Khokan Mukherjee (Mentor – Bengal Chamber Of Commerce & Industries). The notable panelists of the workshop were Dr. S.C.Saha (Director – School of Management, B.E. College, Shibpur), Dr. Bhaskar Banerjee (Advisor – Institute of Business Management, Jadavpur University), Dr. Aloke Sen (Director – Heritage Institute Of Management), Dr. Anup Sinha (Professor – IIM, Kolkata), Dr. Ashok Banerjee (Professor – IISWBM), and Dr. Subhas Bhattacharya (Director – Future Management School). The objectives of the discussion were to decide the strategy of b-schools in the present meltdown period, to formulate appropriate curriculum in the present situation, and to prepare the students to face adversities in the turbulent situation. The valedictory speech was given by Mr. Saugata Mukherjee (Director, CII).

Globsyn hosts AIMS workshop