‘National Training Workshop on Personality Development’ at IWSB.

Indus World School of Business (IWSB), Greater Noida conducted a Two-Day National Training Workshop on Personality Development from 20-21^st October 2010. Peoples from all works of life like students, Library professionals, and academician attended the workshop. Around 75 people attended the workshop. In the Inaugural Session Chief guest Dr. Janardhan Jha kicked off the workshop by lightning the lamp along with Satya Narayanan R who is the founder and chairman of IWSB, Executive Director Arindam Lahiri IWSB and Dr. Rajesh Kumar. Janardan Jha, who is presently Director, Amity center for innovation and New Concept, Amity University Noida Uttar Pradesh also shared some words of wisdom. Dr. Rajesh Kumar, Organizing Secretary gave the introductory remarks. The first Speaker on the first day was Dr. Rakesh Kumar Bhatt. Dr. R.K Bhatt who is presently serving as Associate Professor and Head, Department of Library and Information Science, University of Delhi touched on the key points of the Personality such as Interpersonal Skills, Communication Skills, Basic Etiquettes, Body Language, Time Management, Stress Management etc. After that Sreenivasan Ramakrishnan, Co-Founder IWSB and Career Launcher took the session. This was mostly an interactive session, where he used many tools to help the participants understand more about their personality. Like how ambitious one is? How much growth oriented one is? and many more such traits about one’s personality. Overall the main motive was to get a clear picture of one’s personality and where all is the scope of improvement lies. Prof. Arindam Lahiri took the next session. His topic was the Locus of control. This session also used loco inventory tools to give a clear picture of one’s locus of control. The second day started with Dr. C.V Ramanan’s session. Dr. Ramanan is the Director at National Academy for Training and Development, ISTD. He shared with the participants the unique concept of Total Quality Person (TQP) and how one can be a Total Quality Person. The session was full of very interesting and fabulous stories. It was really a very enlightening session and the end of which Dr. Ramanan also shared how one can achieve what one want to in his life. Dr. Jaideep Sharma who is Associate Professor Social Sciences, IGNOU, conducted the last session. He concentrated on the topic of competency mapping of professionals. He mentioned about three key attributes knowledge, skills and attitude. These three play a key role in an individual’s efficiency and his competency mapping. The two-day workshop ended by Prof. Arindam Lahiri’s Valedictory remarks. Dr. Rajesh Kumar delivered a vote of thanks. Overall the workshop was a grand success.

Research paper from Prof. Arindam Lahiri(Executive Director – IWSB) got selected at IIM Ahmedabad.

Title of paper:  Role of Vocational Education and Training in mitigating the challenges of inclusive growth in emerging economies

About the article:

The paper examines the challenges of capacity building and its linkage to the overall challenges of inclusive growth in emerging economies. The Indian formal education sector has not included vocational education and training (VET) as an inherent part of capacity building. Over a period of six decades post-independence, the initial focus has been lost and today we end up with a capacity mismatch of VET capacity in formal sector vis-à-vis the workforce that enters the Indian labour market for the first time. The case studies include the social impact of the capacity development initiatives and compare it with such initiatives being undertaken with other emerging economies around the globe. The research firmly emphasizes that inclusive growth and empowerment in emerging economies can happen through vocational education and training.

Research paper from Prof. Raju Majumdar got selected at IIM Calcutta.

IWSB congratulates Prof. Raju Majumdar (Faculty Finance, IWSB) on this wonderful achievement.  The abstract of the research paper is given below. The paper will be presented in International Finance Conference to be held at IIM Calcutta from 9th to 12th January.

Abstract:-

Agency, Asymmetric Information and Market Timing Theories of Capital Structure: A Reinterpretation of the Relation Between Growth and Corporate Borrowing

Financing growth opportunities is one among the biggest challenges that a firm face. Corporate finance theory, based on agency conflicts and asymmetric information issues predicts an inverse relation between the two; empirical analysis of firm’s borrowing behavior also corroborates the assertion of theory.This paper develops an alternative interpretation of the observed inverse relation based on the market timing theory of capital structure and provides empirical evidence to substantiate the claim that incorporating growth in terms of market-to-book ratio does in fact measure alternative theories that have varied interpretations based on firm specific micro factors as well as macro economic factors. Consequently, in order to devise a conclusive and non-overlapping test of theory there is an urgent need to revisit the issue of firm growth and its estimation, as well as reinterpret existing findings in the light of our findings.