Events @ IIMB

Former RBI Governor Dr. Duvvuri Subbarao addresses EPGP students at IIM Bangalore on Dilemmas in Central Banking

“Not only should you learn, but you must convince the world that you have learned”

Dr. Duvvuri Subbarao, Former Governor, Reserve Bank of India, addressed students of IIM Bangalore’s one-year full-time MBA, the Executive Post Graduate Programme in Management (EPGP), on: ‘Dilemmas in Central Banking: Implications for Corporate Managers’, as part of the EPGP Seminar Series, on 10th Aug 2022.

During the interactive session with students, Dr. Subbarao shared the challenges faced by an RBI Governor and the necessary skillset a manager must possess when managing large stakeholders. 

Dr. Subbarao said that he joined RBI in 2008, the same year when the world was hit by the infamous financial crisis. Just before he joined, RBI had hiked interest rates. Recollecting the challenges posed by the tough times in 2008, he pointed out that strong credibility and clear communication are of utmost importance for convincing a large audience. 

About Dr. Duvvuri Subbarao

Dr. Subbarao was the 22nd Governor of the Reserve Bank of India (2008 – 2013). He served as the Finance Secretary, Government of India from 2005 to 2007. He was a Distinguished Visiting Fellow at the University of Pennsylvania and National University of Singapore (NUS). In addition to numerous papers and publications, he has authored the book, ‘Who Moved My Interest Rate? Leading the Reserve Bank of India Through Five Turbulent Years’, which chronicles his experiences as RBI Governor.

Prof. Damodaran’s book ‘Managing Arts in times of Pandemics and Beyond’ sees a global launch

The book, with a focus on management issues in the world of arts, deals with how arts organizations have embraced digital network technologies to cope with pandemics and how they will continue to do so, aided by the Metaverse

IIM Bangalore hosted the launch of the book titled, ‘Managing Arts in times of Pandemics and Beyond’, authored by Prof. A Damodaran of the Economics & Social Sciences area of the institute.

The book, published by Oxford University Press, has eight chapters and seeks to approach arts organizations in India and abroad from a management perspective, against the backdrop of COVID-19 and in the light of the advancements made by digital technologies such as blockchain. It follows a deep dive approach by taking a closer look at eight arts organizations from USA, Canada, Japan, India and Russia. 

A special chapter is devoted to the cultural and arts policies of India, USA, Japan, Canada and Russia. The chapter on economics seeks to apply the principles of managerial economics to arts organizations. Also discussed is a methodological approach for classifying arts organizations in terms of their organizational processes. The book can be of immense utility to both serving and prospective managers of arts organizations.

Prof. Damodaran said he wrote the first chapter in 2019 but completed it during the pandemic with a big change in ideas.  “The focus is unmistakably on management – on management issues in the world of arts – fine arts, visual arts and performing arts. I found out how they coped with the pandemic with streaming, social media etc. It is admirable to find that today they have more than one revenue stream.” Describing it as a futuristic management handbook, Prof. Damodaran said it looks at an interface between policy, technology and management.

Books Co-Authored by Prof. U Dinesh Kumar Launched at IIM Bangalore

Titled ‘Machine Learning Using R’ and ‘Data Visualization – Storytelling Using Data’, the books aim to make concepts simpler, compelling and comprehensible for students and practitioners

“Today, a common problem that a lot of Boardrooms face is to interpret the huge overload of data available in order to make effective decisions. This is where Data Storytelling comes into play. These books, with interesting data sets, add value to the Data Science community,” said Dr. U Dinesh Kumar, Chairperson, Data Centre and Analytics Lab (DCAL) and faculty in the Decision Sciences (DS) area of IIM Bangalore, during the launch of two books which he has co-authored. The books have been published by Wiley.

Johar Batterywala through his insights on Consulting firms and careers during an EPGP seminar

“It is not about the right thing, but about the right business”

Johar Batterywala, Partner, Deloitte Haskins & Sells, led an interactive session with the students of the Executive Post Graduate Programme in Management (EPGP) at IIM Bangalore, on the topic, ‘Insights into Consulting firm and careers’, as part of the EPGP Seminar Series. Mr. Batterywala shared from his rich experience spanning two decades across risk, compliance, governance and risk advisory, during the session.

Mr. Batterywala started his talk by discussing the 175-year-old legacy of Deloitte. “Deloitte’s global revenue is likely to touch $60 billion worldwide. With more than 5000 partners in India, today Deloitte leads service brands in India. At one point in time, Deloitte used to audit 48% market capital of the country.” He also spoke about how consulting in Big 4s has evolved over the years. “Initially, consulting used to be about the advisory. However, now Big 4 firms advise, implement and operate”, he added. 

Talking about evolving spaces in consulting, he briefly touched upon corporate governance, ESG and integrated reporting. “Integrated reporting has three different aspects – performance reporting, compliance reporting and sustainability reporting. There is ample scope of advisory to regulators on perspectives such as environmental, regulatory and reporting.” 

About Johar Batterywala

Johar Batterywala has about 19 years of experience in Deloitte. He is currently leading the technology, media and telecom vertical of risk advisory in India. He is a Chartered Accountant and has co-authored books and guides published by the Institute of Chartered Accountants of India (ICAI). He specializes in risk and control advisory, enterprise compliance, information security, SOX, and application control reviews for leading ERPs.

Music, dance, poetry, fashion show and more mark cultural fest Pehel 2022

Celebrated on July 17th by students of PGPEM – the two-year MBA for working professionals, the event also included addresses by IIMB Director Dr. Rishikesha T Krishnan and PGPEM Chairperson Dr. Allen P Ugargol and felicitation of the top 10 students of the 2021-23 batch on the Director’s Merit List

The event, built around ‘Celebrating Life and Relationships’, was conducted completely offline following all public health protocols.

Pehel 2022 was inaugurated by Dr. Rishikesha T Krishnan, Director, IIM Bangalore and Dr. Allen P Ugargol, Chairperson, Post Graduate Programme in Enterprise Management and faculty in the Public Policy area. Other faculty members as well as family members of the students attended the event.