Sunday, 1 April 2018

Retail Banking


Retail banking is also known as consumer banking. It is typical mass market banking in which the individual customers and small medium enterprises use local branches of large commercial banks. Retail banking offers various services include -deposits, certificate of deposits, advance loans, mortgages saving and checking accounts, personal loans, debit and credit accounts. 

The portfolio of retail banking comprises of three crucial elements-  credit , deposits , financial services .The banks which are currently focusing on retail banking to avail the business opportunities are-PNB, SBI, HDFC, ICICI, AXIS etc .Retail banking act as an engine of economic growth. 

Technology  is the key driver for retail banking and technology products like ATM , mobile banking,  card products like debit and credit cards help in enhancing the banking business .Impact of retail banking –revenue, saving, home economy, increasing personal wealth and purchasing power, industrial development, employment. Challenges of retail banking -  IT system complication, huge cost of maintenance,   KYC and money laundering, retention of customers.





BY : HEZAL AGARWAL

Certificate Program on ‘How to start and run an Export -Import business’


Pacific Institute of management organized a two day certificate program on How to start and run an Export -Import business’. 



The Program was designed to acquaint the students with the –
  • ·         Business Opportunities in other nations and how to set up a successful International Business.
  • ·         Students were also made conversant with the Procedures & formalities of Export –Import Business.

The Program was attended by 43 participants comprising MBA, B.Tech, M.Tech   & MCA students & few individuals from corporate sector who are seeking to pursue Export-Import Business in future. Dr. Rahul Vyas started the session by giving an introductory lecture on the Export Import Business. The session was followed by Ms. Heena Purohit who made the candidates conversant with the Identification and Selection of International markets & modes of entry to International markets.


The post Lunch session was taken by Mr. P. P. Bhattacharya General Manager (Tempsens Instruments (I) Pvt. Ltd.) who provided knowledge to the students on Essential Documentation requirement for International Business. He also made the students understand the EXIM Policy framework & Export Import incentives & facilities.


The session ended with the session of Mr. Pawan Talesara who created general awareness among the candidates about the Packaging and shipment of cargo & payment gateways for Export & Import Business. The students found the session very meaningful for their professional growth.





Industrial Visit to PIMS Udaipur


VISIT OF MHA students to 
PACIFIC INSTITUTE OF MEDICAL SCIENCES, UDAIPUR

Practical exposure to the theoretical knowledge is must for the grooming of students. 
As such Pacific Institute of Management emphasizes on providing practical exposure rather than just rote memorization. The practical exposure enables the students to apply their learning in the real world. 

The students of Faculty of Management, Pacific University, Udaipur pursuing MHA(Masters of Hospital Administration ) course were taken to Pacific Institute of Medical Sciences, Udaipur to provide them practical exposure of the administrative system practiced in hospitals. 

Dr. Malik Deputy Supervisor in the hospital briefed the students about working of various departments. He also briefed students about how the Plasma & platelet are extracted from the blood & preserved using high tech machines. Students were also given knowledge about the working of ICU & CCU. 

The students found the visit very meaningful & learned a lot through the visit.













Wednesday, 7 March 2018

Tata Crucible Campus Quiz 2018

India's biggest Tata Crucible Campus Quiz 2018’s V zone Udaipur round is organized at Faculty of Management, Pacific University on 17 February, 2018. This was the 15th Campus quiz series. Pacific got the opportunity to host the same at its campus.


The total no. of teams participated were 284. The participants were from different streams viz. Medical, Law, Engineering, Humanities, Commerce, Management, Computer Science, Hospitality etc.


A Prelim round was conducted for getting the finalist and 20 questions were asked to the participants. The resultants of this round were lead to four finalist team as well as six teams for wild card entry round. This round was hosted by Ms. Rashmi Furtado.

Out of Six, two teams were got the opportunity to qualify for final round. The final round of the quiz was played with five teams and the host of the quiz was the famous quizmaster Mr. Giri Balasubramaniam, popularly known as Pickbrain. After lots of close encounters and breathe taking moments during the different rounds of the quiz the Udaipur round came up with the final results. 

Srijan Sinha & Anshul from All India Institute of Medical Sciences, Jodhpur declared as a runner up and won the prize money of Rupees 35000/-. Winner of the Udaipur round was Sanjay Krishna & Paras Marya from National Law University, Jodhpur and won the Prize money of Rupees 75000/-.

The Chief Guest of this event was President Prof. B.P. Sharma & Provost Prof. Mahima Birla of PAHER University. They also felicitated the winners and in their motivational speech Prof. B.P. Sharma has encouraged the participants and audience, He also inspired them by saying that is today's competitive world knowledge is power and a pertinent tool to become a successful person.













Sunday, 25 February 2018

Industrial Visit to APSEZ, Mundra, Gujarat


ADANI Port and Special Economic Zone, Mundra, Gujarat 



Students of PU 2nd Semester & RTU 2nd Semester of Pacific University visited ADANI Port and Special Economic Zone (APSEZ), Mundra, Gujarat for an industrial visit.


The industrial visit was organized from 12th February 2018 to 15th February 2018. The ADANI group is India’s largest multi port operator. ADANI port and APSEZ is a conglomerate. The company currently has an annual cargo handling capacity 338 MMT. The development of Adani Port & Special Economic Zone Limited was conceptualized by the entrepreneur Mr. Gautam Adani. Mundra port was the first one to be developed in October 1998 with just one berth. In a short span of just 12 years Mundra Port achieved 100 million metric tons of commercial cargo in a year thereby becoming India’s largest commercial port. Mundra Port has registered the fastest CAGR of over 35% in the port sector across in the India.




The Mundra port is located in the Northern Gulf of Kutch, en route major maritime routes and connected through rail, road, air & pipelines. This makes it a preferred gateway for cargo bound westwards. The port has been designed to handle all types of cargo viz. containers, dry bulk, break bulk, liquid cargo and automobiles.
The port offers 880 thousand square meters of open storage for steel sheets, coils, plate, clinker, scrap, salt, coke, bentonite, and coal. An additional 26 thousand square meters of open storage is available alongside the railway. The port also offers a wheat-cleaning facility with capacity to handle 1200 metric tons per day and a rice-sorting and –grading facility that can handle 500 metric tons per day.



On the first day of visit, the students visited the Science City at Gandhinagar where they got a chance to understand various scientific and experimental models and in later half of the day they watched a 3D IMAX movie.
On the second day of visit, the students got the opportunity to visit ADANI WILMAR Fortune oil refinery, where students learned about the refining and packaging process of the famous Fortune oil. The students also got an opportunity to see the loading and unloading of cargo containers on the jetties especially of MARUTI cars.
They also got a brief idea about the port components like jetties, breakwater, quays etc. In the evening students enjoyed and participated in the cultural program organized by UDAAN, a CSR project under ADANI Group which motivates students for entrepreneurship, innovation and how management is done in corporate world.



Last day started with the yoga and the laughter session which motivated students to lead a healthy and happy life. During the day, they visited ADANI power plant which is the highest capacity private sector power plant of India. The power plant is one of the coal -based power plants of ADANI Power. The coal for the power plant is imported primarily from Bunyu, Indonesia Source of water for the power plant is sea water from the Gulf of Kutch.
 



It is the world's 11th largest single location coal-based thermal power plant as well as India's second largest operational power plant having capacity to generate 4620 MW electricity.



74 students went on the industrial trip. They were accompanied by Prof. Dipin Mathur, Dr. Narendra Chawda and Dr. Heena Purohit.

Friday, 23 February 2018

Yojana – The Startup Contest

Yojana – The startup contest


Faculty of Management, Pacific University, along with Incubation cell organized “Yojana – The Startup Contest” on 10th Feb, 2018 for the students who are enthusiastic about starting their business. 

The aim of the contest was to motivate the students to come forward with their innovative ideas and help them create a workable business plan in future. Many students participated enthusiastically and presented ideas like Green Services (Organized Garbage collection services), Dairy Farming, Cab services, Eco friendly furniture, Beauty Aesthetics clinic, and many more. 

The judges Dr. Pushpkant Shakdwipee, Dr. Devendra Shrimali, Dr. Dharmesh Motwani and Dr. Nidhi Nalwaya gave their guidance to the students. 

The event was coordinated by Dr. Heena Purohit












Marketing Plan Competition

Today on 7th Feb 2018; The Pacific Institute of Management Udaipur organized “Marketing Plan Competition” for the grooming managers.

Competition was guided by our extreme judges Dr. Shikha Bhargava, Mr. Abrar Ahmed, Mr. Mrityunjay Yadav.

Programme main focus was to motivate students so that they can showcase their ideas. Many students participated in this activity very actively. 

They presented their marketing ideas in a very unique manner judge motivated us with their encouraging words, which will definitely help us in our future. 

Our judges Mr. Abrar Ahmed and Mr. Mrityunjay Yadav Gave a great motivated speech on how to execute the idea they motivated in all the possible way. 

They shared their experience by this student have gain more confidence, they told us how to give presentations.


As a student we got to learn many things i.e. confidence, Risk, how to execute the idea, face failure, to try new things.

Saturday, 3 February 2018

09th International Conference : Valediction

The valediction ceremony of the conference commenced with saraswati vandana followed by the welcome of the guests, Prof. Uttam Kinnage, Prof. & Dean, Kasauli Institute of Management, Karnataka University, Dharwad and Prof. Munish Nandwani, Principal, Corporate Advisory Group, IIM Udaipur. 

The valedictory ceremony commenced with the address by Dean, Faculty of Management, Prof. Mahima Birla, followed by an address by Prof. Uttam Kinnage. Chief coordinator of the conference, Dr. Narendra Chawda presented the session reports. 

This time we have also introduced online presentation of the participants through Google hangouts. The coordinators of this session were Mr. Ali Yawar Reha, Mr. Bhupesh Chaudhary.

After that, few delegates shared their valuable feedback regarding the conference. Prof. B.P. Sharma addressed the gathering and shared his valuable insights regarding the conference theme. Then, the names of the participants with best paper were announced and felicitated, followed by the vote of thanks by overall track coordinator, Dr. Dipin Mathur. The session was convened by Dr. Heena Purohit and concluded with national anthem.