Center-of-Excellence-for-Management-Studies

Center of Excellence for Management Studies

  • Centre for Management Studies ( CMS), constituted under ICFAI Law School, Hyderabad in the year 2020 has been at the forefront of academic participative activities under the leadership of Prof. A.V. Narasimha Rao – Director.
  • CMS over the last 1 year has proliferated contemporary, out of the box and futuristic programs with a blend of industry – academia thought process, a good reciepe for academic excellence. The programs had a 360° zoom in across business function – Finance, Economics, Marketing, HR and so o and the topics covered includes Human Capital Management, Emotional Wellness, Digital Marketing, Cyber Security to name a few and domain experts were invited to share insights.

The programs benefitted not only students community but expanded the horizon of subject knowledge of faculty members too. The participants included not only ILS students but students, faculty from other institutions across the country. A snapshot of the programs are given below:

Webinars

  • Webinar on “Emotional Wellness for Entrepreneurs during COVID-19”
  • Webinar on “Wild Life Crimes and Legal Aspects”
  • National Webinar on “WTO Compliant Self Reliance”
  • National Webinar on “MSMEs in Building Atma Nirbhar Bharath Issues and Challenges”
  • National Webinar on New Farm Laws: “Reforms, Resistance and Way Forward”
  • Inter-National Webinar on “Jolted Economy and Stimulus packages”
  • Webinar - Challenges of Recruitment & Human Capital Management during Covid Crisis
  • Webinar : Digital Business Ecosystem – Challenges & Opportunities
  • Webinar : Digital Marketing – The Game Changer
  • Webinar : Turning Breakdowns into Breakthroughs

Club

THE ICFAI LAW SCHOOL – ENTREPRENEURSHIP AND INNOVATION CLUB – “BIZLEX”

Competition

  • Biz-Lex First Ideation Competition
  • Bizspeaks Competition

Webinar on “Emotional Wellness for Entrepreneurs during COVID-19” on July 28, 2020 at 12:00-1:00 PM

Speaker: Dr. Shraddha Kulkarni, Director, MDP, International Institute of Management Studies, Maharashtra.

Talk: With COVID-19 completely reshaping the world around us, there is a lot of interest in how organisations deal with the disruption. Business leaders field frequent questions about the measures they feel are needed to ensure business continuity and counter the pandemic’s impact.

Webinar on “Wild Life Crimes and Legal Aspects” on December 13, 2020 at 3:00-4:00 PM.

Speaker: Dr. Rajesh Kumar, IFS, Director, NITI Aayog, COVID-19 Core Team, Department of Health Research, Government of India, New Delhi.

Talk: The Wild Life Protection Act was sanctioned in 1972 and has been amended six times, the last amendment took place in 2006. With over forty years of being mentioned in the statute book, the interpretation and understanding of the Act has been intensified because of decisions of High Courts and the Supreme Court. Yet there still exists some unanswered questions and grey areas within the law. The Act is generally characterised as a very strong codification of law for wildlife protection within India. However, there still remains the questions about its level of implementation and execution.

National Webinar on “WTO Compliant Self Reliance” 3rd April, 2021

Speaker: Prof. Aswhin Mahajan, University of Delhi

Prof. Mahan Ji, with his rich and vast experience in International affairs, a close associate of WTO observer enlightened the post-Indian Independence and the policies towards economic development, discussed on second five-year plan designed by Prof. P.C Mahalanobis, Referring to Import substitution led Industrialization (ISI) in which greater emphasis was accorded to Consumer goods production rather than Capital goods resulted in delayed development.

Focusing light on Chinese Export promotion model of development most of the countries of the world are facing a deficit in their respective BOP position and India is no exception and recommended self-reliant India by encouraging local production Micro, Small and Medium Scale Industries is the need of the hour.

Prof.Mahjan ji, a critique of Globalization, he advocated that GDP growth-centric philosophy of development does not suit India. This model talks about the last men in the queue and favours integrating growth with employment generation. He has been critical of foreign direct investment as its implications are severe on India.

National Webinar on “MSMEs in Building Atma Nirbhar Bharath Issues and Challenges”, 28th February, 2021

Speaker: Dr. Linga Murthy from Central University of Karnataka.

With the initiative of Prof.A.V Narasimha Rao, Director ICFAI Law School, Dr Kesari organized a webinar titled “MSMEs in Building Atmanirbhar Bharat” on 28th Feb 2021 by an erudite speaker Dr Linga Murthy from the Central University of Karnataka.

Dr Linga Murthy presented detailed facts of Micro Small and Medium Scale Enterprises (MSMEs) chronologically starting from the British era, having more than 40% GDP contribution from MSMEs had declined to just meagre 4% at the time of Indian Independence. That being the early stage of decline.

Specifically focusing on the Atmanirbhar Bharath the present challenges of MSMEs and the way forward to mitigate the problems of the specially manufacturing sector from the COVID-19 Pandamic economic downturn. Referring to the spectacularly huge investment by the Chinese government to boost up MSMEs and thereby captured a prominent place in export earnings, India requires a big push by investing in MSME revival, suggested the need to reduce the wide trade deficit with china.

The recent revival of investment base in 2021 Financial Budget on MSMEs, focusing on the rural areas to stop rural labour migration recommended to have a well-planned district Development programs in line with the Economic development and enlightened the need for Infrastructural facilities, Communication, Financial facilities in addition to regularly monitoring the activities in MSMEs.

The speaker also suggested both short term and Long measures to overcome the problems faced by MSMEs.

National Webinar on New Farm Laws: “Reforms, Resistance and Way Forward” : 24th January, 2021 at 5:00 PM

Speaker: Prof.A. Amarender Reddy, Principal Scientist (Agricultural Economics) ICAR-Central Research Institute for Dryland Agriculture, Hyderabad

Professor, Amarender Reddy, Principal Scientist enlightened the reasons for low income for farmers, who are up in arms against the three new farm laws that are introduced to open up the agricultural economy and expose the sector to free-market opportunities.

Focusing on the farmer's reluctance, for farm reforms, the farmers are fearing that these laws will expose them to market volatility by destroying the mandi system and the assurance of the minimum support price regime. Prof. Amarender also highlighted, India cannot depend on achieving the target of doubling farmers’ incomes just by procuring only paddy and wheat, and that too in a handful of states. The MSP policy in force discriminates against rainfed farmers who grow pulses, oilseeds, fruits and vegetables. They constitute more than 70% of the 12 crore Indian families that are dependent on agriculture.

Highlighting the new farm laws one nation one market recommended assured income scheme than assured price by adopting alternatives to MSP operations and crop insurance scheme to be modified to income insurance schemes.

Inter-National Webinar on “Jolted Economy and Stimulus packages”: 4th July 2020, Friday at 11:00 AM

Speaker: Dr.Geeta Rani, The University of Waikato, Hamilton, New Zealand

To start with, the organizer introduced the panel members to the participants, Prof.A.V.Narasimha Rao, Director, ICFAI Law School, Hyderabad opened the discussion and explained the need for the relevance of the webinar on “Jolted Economy and Stimulus packages”:

At the outset, the first speaker Ms Geetha Rani, from New Zealand, enlightened the economic stimuli and the difference how it will make on most of the market Economies. Briefing about the Sustainable approach followed in New Zealand, the government of New Zealand focused on reducing huge plastic consumption on large scale, suggested alternatives to plastic by providing financial assistance.

The speaker also mentioned China’s stimulus proved effective in maintaining economic growth. Although lower than the astronomical levels of growth leading up to the crisis. Besides boosting the economy over the medium term, China’s stimulus measures tangibly impacted the country’s fabric.

China’s 2008 stimulus helped build high quality but relatively basic infrastructure like roads, bridges, and trains, the stimulus in 2020 will likely be more targeted towards areas that will help China transition to a high-tech and service-driven economy.

Subsequently it was followed by the second speaker At 12:00 PM

Speaker: Dr. Narasimha Reddy, Formerly Professor of Economics University of Hyderabad

Upon the completion of the first Speaker, organizer welcomed Dr D. Narasimha Reddy, who shared his expertise on the conditions of the Indian economy during the lockdown, especially throwing light on migratory workers and the need to specialised in Labour Economics, development Economics and Agrarian Reforms

Referring to the sudden imposition of a 21 day All India lockdown on March 24, 2020, in a short pan horrific consequences for many.

Criticising the role of government due to unplanned planning completely overlooked the disastrous impact it would have on 90 per cent of our labour force Migrant workers, who are not organized under any trade unions and their labour standards, are not protected by the government as well as trade unions, these migrant workers are illiterate, ignorant, and belong to backward community .They do not get minimum wages stipulated under the Minimum wages Act. Today, the real issue is how to extend human rights to all segments of the labour market. There are many groups of workers in the unorganized sector or informal economy, like migrant workers in agriculture, building and road construction, brick kilns, sugar factories and others, for whom decent work is a very distant goal.

Dr. Reddy shared his valuable insights on the trends of various economic components such as investment, savings, expenditure, exports and demand over the years. He presented a clear picture of the current economic slowdown and the possible ways to get out of the same. Some students and faculty from various participated in the interactive session.

Webinar - Challenges of Recruitment & Human Capital Management during Covid Crisis 24 July, 2020 (Friday), 10.00 AM - 11.00 AM (IST)

Speaker : Mr. Sumanth Rao Thanam AGM - HRD, Kfintech

The Organiser introduced the panel to the participants. Prof. A.V. Narasimha Rao, Director – ICFAI Law School, Hyderabad opened the discussion and shared his insights on how HR as a function manages the challenges.

The speaker shared his insights from a Corporate perspective – challenges and measures in place to provide a viable and alternative work environment. He highlighted the importance of Work from Home and how the pandemic has opened up other avenues of continuing the work. He stressed that employee health is of utmost importance and the work flow is being fine tuned to suit the new normal work place. Many companies have reduced their floor space, shut down few offices across the country but still providing efficient client service.

Webinar : Digital Business Ecosystem – Challenges & Opportunities Date : 6th Feb, 2021

Speaker : Mr. Abhishek Mitra, CEO – Indian Cyber Security Solutions

The organizer introduced the panel to the participants. Prof. A. V. Narasimha Rao, Director – ICFAI Law School, Hyderabad shared his views on digital ecosystem and how it impacts businesses in today’s technology driven markets. The speaker, a seasoned professional in cyber security space rolled out the details on how technology infrastructure is vulnerable with growing users and hackers. He passionately handled the Q&A session clarifying the queries raised by the participants.

Webinar : Digital Marketing – The Game Changer Date : 21st Dec, 2020

Speaker : Mr. Shwet Kamal, CEO – RoyalMobi Media

The organizer introduced the panel to the participants. Prof. A. V. Narasimha Rao, Director – ICFAI Law School, Hyderabad shared his views on digital marketing and how it impacts businesses in today’s technology driven markets.

The speaker, a seasoned professional in digital space rolled out the details on how digital marketing acts as a growth engine in business verticals across diverse. He presented a demo on how social media as a platform benefit companies. He passionately handled the Q&A session clarifying the queries raised by the participants.

Webinar : Turning Breakdowns into Breakthroughs Date : 20th July, 2020

Speaker : Mr. Rajesh Murthy- Author, Lifeskills Coach, Trainer

The organizer introduced the panel to the participants. Prof. A.V. Narasimha Rao opened the discussion with his firm belief that determination will help anyone overcome this crisis and called for a resolute approach.

The speaker, who is also an author, corporate consultant with his eloquence captured the attention of the participants throughout the webinar. He instilled positive energy and shared his insights that human beings with their acumen will find solutions to challenges and referred to legends who have turned adversity into performance stage board.