Activities & Events conducted in year 2023-24

TEACHER’S ACHIEVEMENT 

Dr.Rupal Shroff

Mentored Purav Joshi (SYBMS) for 18th Avishkar: Inter-collegiate Final Round, Undergraduate level, Mumbai III Zone organised by University of  Mumbai for a research project titled, 'A study on the effectiveness of a dedicated social network program to support mental wellness' on 17th December, 2023 

Particpated in a 3-day workshop on 'Dance for All' organised by Lalit Kala Kendra, Gurukul, SPPU, Pune & Maharashtra State Faculty Development from 15th - 17th September, 2023

Attended a 2-Day Workshop on 'NEP 2020 Sensitization - Train the Trainer' organised by Malvaiya Mission Teacher Training Centre (MMTTC) , University of Mumbai under RUSA at Shri Keshavrao Ghaisas Sabhgruh, Vile Parle on 4-5th March, 2024

Dr.Vimal Mistry

Participated in One day National Level Webinar on “Tools & Techniques of Financial Management” organized by Commerce & Accountancy Association in Collaboration with FPA Edutech & Nirmala Memorial Foundation College of Commerce & Science on 19th December, 2023.

Participated in “National Intellectual Property Awareness Training Program” on 23rd October, 2023 as part of the National IP Festival organized by O/o CGPDTM & CSIR under Azadi Ka Amrit Mahotsav from 1st to 31st July,2023.

Participated in One day Workshop on “Plan DO Check Act for POSH” organized by POSH at Work, The Legal Swan, Maharashtra Commission for Women and Thakur College of Science & Commerce on 7th February, 2024

Ms.Rakhee Pathak

Participated in One day National Level Webinar on “Tools & Techniques of Financial Management” organized by Commerce & Accountancy Association in Collaboration with FPA Edutech & Nirmala Memorial Foundation College of Commerce & Science on 19th December, 2023.

Participated in One day Workshop on “Plan DO Check Act for POSH” organized by POSH at Work, The Legal Swan, Maharashtra Commission for Women and Thakur College of Science & Commerce on 7th February, 2024.

Mr.Vivek Wankhade

Received a Merit Certificate for mentoring Mansi Saraf, Dweej Surti and Jeel Visavadiya  at UG level at 18th Aavishkar: Inter-collegiate/ Institute Final PPT Round organised by University of  Mumbai for a research project titled, ‘AI App for Early crop disease detection in Plants ' on 17th December, 2023.

Participated in a Workshop on “Practical Understanding on Writing research paper of International standards with a chance to publish in Scopus listed Journals” organized by N.L.Dalmia Institute of Management Studies and Research.

Ms.Reema Joshi Declared Winner of Financial Literacy Quiz at World Investor Week 2023  by CASI Global

Ms.Sonal Tiwari Certificate of Completion of Power BI Virtual Case Experience received on 6 August, 2023 awarded by Forage and PWC

PATENTS

Dr Rupal Shroff was granted a patent from Certificate of Registration for a UK Design, on ‘Desktop System for providing Intelligent Customer Relationship Management Through AI ML Integration’; Design Number: 6322574; Grant Date: 7th November, 2023,Registration Date: 29th October,2023.

Dr Rakhi Bhattacharya & Ms.Rakhee Pathak were granted a patent on SMART GROCERY ANALYSING DEVICE by The Patent Office, Government of India under the Certificate of Registration of Design. Design Number is 4005-10-001. The patent was granted on 23rd November, 2024

RESEARCH PAPER

Dr Rupal Shroff  co-authored & published a research paper titled, ‘A Kaleidoscope study on consumer’s cognitive responses- Brand recognition towards FMCG’ in Scopus Indexed Journal, Journal New Zealand Studies NS35 July 2023, published on 18th August, 2023.

Dr Vimal Mistry published a research paper titled, ‘Exploring the Impact of Behavioural Biases on Digital Financial Product Adoption: An Empirical study of decision making among Indian Consumers’ in ABDC Journal; C category in Journal of Informatics Education and Research. ISSN: 1526-4726, Volume 3 Issue 2 (2023)

STUDENT ACHIEVEMENTS

Purav Joshi (SYBMS) won the second prize at Maharashtra Student Innovation Challenge 2023 with a seed funding of Rs.1,00,000.00 and Incubation support from State Govt, of Maharashtra for his innovative project ‘Annirvan – An App that connects with teenagers to guide through their mental health’ organised by Maharashtra State Innovation Society, Govt. of Maharashtra on 

Unnati Rathod, Chirag Mhatre and Siddharth Dwivedi (TYBMS) won the first Prize of Rs.50,000 in cash at  'National Business case-study competition - Alchemy' hosted by by BSS Foundation, University of Mumbai on 4th February, 2024.

Ishaan Singh (TYBMS) scored 98.84 percentile at CAT 2023 

Aryan Kumar (TYBMS) scored 95.48 percentile at CAT 2023

Shreya Thindiyil (TYBMS) & Heet Jain (SYBMS) passed Chartered Financial Analyst, Level I Examination in November 2023

DEPARTMENT ACTIVITY REPORT

1. Let’s play Management Games

Event – Let’s play Management Games

Date – 6th July, 2023

Participants – 108 students

An Ice-breaking session was organised for BMS students with an objective to build communication and rapport between all students of the department. The event included several team building games like group dumb charades of management terms, sequencing games to encourage verbal communication and blind teams to promote unity amongst the team members. 60 students of FYBMS participated in the event organised by 48 students of SY & TYBMS.

2. Webinar on ‘Cross Cultural Aspects of International Business’

Event – Webinar 

Date – 20th July 2023

Participants – 180

Resource Person – Dr. Juhi Jennifer Macwan, Alumnus – TCSC BMS, Ph.D. University of Australia

The Department of BMS invited alumni of batch 2016-17, Dr.Juhi Jennifer Macwan, who had recently completed her Ph.D. in International Business from University of Australia for an interactive webinar on ‘Cross Cultural Aspects of International Business’. Dr.Juhi interacted on contemporary issues like impact of cultures, etiquettes, ideas, customs and social behaviour across nations. She cited examples of companies that understand the role and importance of culture in international business and accelerate business growth and development. 180 students from Second and Third Year B.M.S. attended this online session on 20th July, 2023 

3. Quiz Competition on 'Know your Country' – 

Event – Quiz Competition

Date – 14-16th August,  2023

Participants – 256

A Quiz competition on the lines of National Integration was conducted by the Dept of BMS on ‘Know you Country’ with a motive to build strong patriotism and brother-hood among the students. The quiz tested their awareness about the history of the country and their sense of belonging for the country.  Students who gave this quiz were awarded Certificate of Appreciation for being a proud Indian. 256 students participated in the quiz and were proud to be an INDIAN.

Students found the quiz quite interesting and very happy to question their aptitude about their country. 

4. Bull & Bear 

Event – Skill & Talent Enhancement Program

Date – 4th September, 2023

Participants- 248 students

The Bull and Bear War 2023, an intra-collegiate event on mock Intraday trading, was organised from 22nd to 25th August, 2023. The event focused on mock intraday trading, with the primary goal of providing participants with a realistic and immersive experience of the world of trading in financial markets. Participants were trained on 22nd to 24th August, 2023 on technical market analysis, fundamentals of trading, making technical charts etc to develop their trading skills. All participants referred to market conditions and played along with volatile market conditions. FrontPage (for both Android and iOS) App was used for trading purpose. This experiential learning taught them the importance of fundamental financial analysis of every company and importance of selecting the right trade. The event was attended by 248 learners.

5. Brandomania

Event – Skill & Talent Enhancement Program

Date – 4th September, 2023

Participants- 180 students

Resource Person - Dr. Mrs. Prachi Balraj Khakhar, CEO, SANTUSHTI Milkshakes & More

On 4th September 2023 an intercollege event, Brandomania was organised by Department of Management Studies. The event was conducted in 3 rounds where students were tested on their knowledge of different brands, Company logos, Taglines, product positioning and rebranding etc. The main purpose of the event is to unleash their strategy to test their brand knowledge diversely. A total of 180 participants from all over Mumbai participated in the event.

 Dr. Mrs. Prachi Balraj Khakhar, CEO, SANTUSHTI Milkshakes & More, was invited to judge the event. She interacted with the participants and gave insights on the need to rebrand and create an impact.

6. Movie Screening -'Rocket Singh: Salesman of the Year 

Date –30th September, 2023

Number of Particpants – 38

Venue – Presentation Room, 5th Floor

A movie screening was arranged for the students of TYBMS - Marketing on ‘Rocket Singh – Salesman of the Year’ on 30th September, 2023. The movie is a perfect depiction of salesmanship and negotiations with customers and is vital for the students of Marketing to learn. 38 students attended the screening in the presentation room. 

7. Seminar on 'Beyond Bazaars: New Age Investments' – 

Date – 20th January 2024

Number of Participants – 116 students (TYBMS Finance)

Resource Person – Mr. Shashi Bhushan, (Ex-CFO – Waaree ESS, Angel Investor, Educator.)

On 20th January 2024, the Department of Management Studies, organised an informative finance session for all budding investors on the topic on 'Beyond Bazaars: New Age Investments. The seminar headed by the angel investor and former CFO proved to be profoundly educational, as the speaker adeptly delved into the intricacies of new age investments. Through the systematic deconstruction of the investment profile into seven distinct sections, coupled with active engagement of participants, the speaker ensured a dynamic and easily graspable session. Students learnt different techniques of identifying investment opportunities that suits every goal and financial capability. 

8. Name of the Event–  Activity on ‘Environment Friendly Products Making’

Event -Concern And Respect & Recreate Environment (CARRE)

Date – 12th September 2023

Number of Participants:  245 Students 

Department of Management Studies organised an innovative activity, Environment Friendly Product Making on 12th September 2023 to encourage Green Products concept among the youth. All Students were informed to design an environmental friendly product and design marketing mix of product, they were asked to present the benefits of the same using charts or prototype product. The aim was to give knowledge and create awareness about protection and conservation of Environment by using environment friendly products. Students presented their product with great enthusiasm and dedication. Winning team was awarded with “Certificate of Appreciation”. 

9. Hands On Workshop on Instagram Marketing - to reach Gen Z

Date – 16th January, 2024

Participants – 90 (TYBMS Marketing)

Resource Person – Mr.Aditya Shashtri, IIDE

The Instagram Marketing Workshop organised on 16th January, 2024 aimed to educate degree students on leveraging Instagram as a powerful marketing tool. In today’s digital age, social media platforms like Instagram play a crucial role in brand promotion and audience engagement. This workshop provided students with insights into effective strategies for utilizing Instagram to reach their target audience and achieve marketing objectives. The students were able to get familiarized with the importance of Instagram in the marketing landscape. 90 Students of TYBMS Marketing attended the session & were given exposure to the various Instagram features and tools for marketing purposes. 

10. Rebranding Online Image, Professional Outlook on LinkedIn Profile

Event – Skill & Talent Enhancement Program

Date – 7th December, 23

Participants –51

Resource Person – Mr.Jay Dattani, Educator, IIDE

On 7th December 2023, the Department of Management Studies, organised an interactive and informative workshop on Rebranding Online Image, Professional Outlook on LinkedIn Profile. The Resource Person, Mr. Jay Dattani, Associate Content Creator & YouTube Manager, IIDE spoke about the importance of having an updated and impactful LinkedIn profile. He explained the seven categories of LinkedIn and guided the students through the process of making an all-star LinkedIn profile which will help them in their job-seeking journey. 51 students gained knowledge from this session.

11. Workshop on PPT Making for First Year students

Date – 18th September, 23

No. of Participants – 56

Resource Person – Ms.Niyati Jani, Educator.

The Impactful PowerPoint Presentation Workshop was organized on 18th September, 2023 in the Computer Labs for students with the aim of enhancing their skills in creating and delivering effective presentations. Ms.Niyati Jani, who is an educator at IIDE was the resource person of this workshop. The workshop covered various aspects of PowerPoint usage, design principles, and delivery techniques to equip students with the necessary tools for successful presentations in academic and professional settings. The objectives of the workshop were attained by successfully equipping the students with the features and functionalities of PowerPoint. Training the students to create structured presentations with clarity and coherence and use effective design principles for creating visually appealing slides. 56 students benefitted from this workshop.

12. Logo Designing & Brand Packaging

Date- 5 th March 2024 

 Venue – Presentation Room (5th Floor)

A Logo Designing & Brand Packaging display was organised by TYBMS Marketing students on 5th March, 2024 in the Presentation Room. The main aim of the activity was to create in-depth understanding of the Brand Management concepts among the students of TYBMS- Marketing and also ignite business acumen and entrepreneurship spirit. Students were asked to design a product profile, its logo and packaging. These packaging were designed keeping in mind the varied product features as well as urban and rural consumer mindsets. This innovative display encouraged creativity among students. 94 students from TYBMS Marketing participated in the display event.

13. Field Trip to Navneet Industries, Palghar

Date: 05th August, 2023 

Venue: Navneet Education Limited, Khanivade, Vasai, Dist. Palghar - 401303. 

Number of Students: 59

Department of Management Studies (B.M.S.) of Thakur College of Science & Commerce organised a Field Visit to Navneet Education Limited, Khanivade for the students. The purpose of the field visit was to impart a practical learning experience for the students as Logistics and Supply Chain Management is a part of their Semester-V curriculum. The students were given complete information about the company and its business process. The students saw the manufacturing, quality check and packaging processes. Escorts from the company took the students to all departments to show them live processes.  Along with the practical knowledge with respect to their curriculum, they had a scholastic adventure being a part of this field visit.

14.  Industrial visit to Kolor Electrical Switch factory,Haridwar

An Industrial Visit was arranged for the TYBMS students to Delhi-Haridwar-Rishikesh-Mussorie- Nainital from 18th – 28th December, 2023. In Haridwar they visited Kolor Electrical Switches factory. They saw the manufacturing process and were oriented by the Factory Supervisor regarding its manufacturing to packaging process. This visit aimed to provide students with a first hand experience of the manufacturing processes, assembly lines, quality checks, and packaging procedures of electrical products The Marketing manager discussed the sales strategy and explained the distribution process. The students also visited tourists spots of the destinations and had fun. 

These Industrial Visits gives students exposure to real life engineering processes.

15. APTIPRENEUR 2022-2023

A Two-Day Management Fest “APTIPRENEUR 2023-24” was organized on 5th & 6th February, 2024. This flagship event of the Department was an Inter-Collegiate Fest and saw participation from 12 Colleges across the state. A total of 426 students attended the event in various event categories. The event commenced with an inaugural ceremony graced by our Vice-Principal, Dr.Nishikant Jha setting the stage for a dynamic exploration of business vistas. 

The first challenge, "Digimaze,"- on the lines of management clues based Treasure Hunt had students exploring the streets of Thakur Village in the first round followed by digital treasure hunt in the second round. Participants navigated through clues and tasks, demonstrating quick thinking and teamwork to reach the pinnacle. 

APTI-TEST - The star event which is based on the management entrance examinations like CMAT, CAT, SNAP etc. was conducted through a written exam followed by personal interview and IELTS. Mr. Yogendra Chavan, Career Launcher conducted and judged this event. Cash prizes worth more than Rs. 5,000 were awarded to the winners. 

"Biz Conclave,"- a business case study competition where the students are given a live corporate problem situation to think, calculate possibilities and derive at a feasible solution where strategic prowess and innovative thinking were put to the test. Participants grappled with hypothetical business scenarios, employing their knowledge and creativity to propose viable solutions.

‘Market Mirage’ –a finance based ‘Guess the Stock price’ game tailored for stock enthusiasts. Participants immersed themselves in the world of trades and stocks, utilizing designated apps to analyse profitability, trends, and create charts based on entry and exit prices. This event provided a practical understanding of financial markets.

"Pitch Perfect," drew inspiration from the renowned show Shark Tank. Participants crafted compelling pitch decks for their products, presenting them to a panel of judges, Mr.Prasanth Kamat, COO Career Launcher & Mr. Palash Shotriya, Communications Teacher at Career Launcher in a format reminiscent of real-life investor pitches. This event not only tested entrepreneurial skills but also fostered creativity in product presentation.

16. SOCIAL ACTIVITY OF THE DEPT

The DEpt of Management Studies joined hands with Afroze Foundation , to assist them in their Clean Environment Project. Students from First Year BMS initiated ‘A Clean Up Drive & Awareness Program’ at Sanjay Gandhi National Park, Borivali (East) on 1st February, 2024. Every Thursday a team of 40-45 students teach and train the tribals and villagers living inside the National park the importance of segregating the waste as dry and wet waste.  Students were also involved in door to door selling of daily groceries to the villagers in plastic free containers for reducing the usage of plastic, thus spreading awareness about ’Plastic free Mumbai”. This is a continuous activity of the department as a part of their Institutional Service to the Society.

17. Report on a Field trip to Govardhan Eco-Village Field trip

Date : 11th January, 2024

Venue : Govardhan Eco-Village, Plaghar

Number of Participants: 114

The Department of Management Studies had organized a field trip to Govardhan Eco-Village in Palghar, near Mumbai. On 11th January, 2024, 114 students from FYBMS embarked on a visit to the Govardhan Eco-Village, situated near Mumbai, India. 

Govardhan Eco-Village, located in Palghar district, Maharashtra, is a holistic eco-community inspired by the principles of sustainable living, spiritual well-being, and environmental conservation. It serves as a model for sustainable development, incorporating elements of eco-friendly infrastructure, organic farming, renewable energy, and spiritual practices. Students visited the Solar energy area, the cow-sheds; learning the Importance of cows and products made from cow-dung. They visited the organic farms, the bio-gas plant and temples which spread peace and calmness.