Much bigger than merely a two-year course: MBA is an amalgamation of a plethora of domains, integrated so astutely that each one of them finds a core point of strength that others can gain from. This is exactly what it means when It is said that MBA caters for an overall holistic development of the students. However, the popular opinion states that the journey is slightly more rugged for the freshers. They are the lot without any prior exposure to a corporate world. Unaware of the adversities and the pre-requisites for the same, they step into this course in reticence. Self- consciousness, shyness and insecurity are some of the feelings that gush through their veins at the beginning, but not for long.
The first step in their holistic growth comes from the diverse pool of peers. During the first few weeks of their MBA journey, they meet a lot of people; some sharing the common apprehension while others who have already paced their journey beyond that. Through healthy and continuous interactions, this is where they learn the know-hows of a corporate life and how it changes and molds one’s personality.
After a brief glimpse into the kind of life awaiting them, the next step of development comes in the classroom itself. Through experiential learning and case-based approaches that follow, students, irrespective of their academic backgrounds and experiences are invited to speak and encouraged to bring forth their ideas on to the table. None of the opinions are refuted in the classroom. The freshers are said to bring in much more creative ideas as compared to others, reason being their ability to not restrict their thinking in a particular domain. They allow themselves to fly freely. They are the optimistic lot and play the role of risk takers in group tasks and convince their team regarding the feasibility of the strategies undertaken.
The final step, which brings everybody on board and at par with each other on this journey, regardless of their prior corporate exposure, is their commitment to various student bodies. Student bodies are an integral part of an MBA curriculum. They give a glimpse into various aspects of work life that lies ahead. Adhering to the timelines, working in a team, taking leads frequently, dealing with conflicts etc. are the lessons drawn from it. It knows not to see someone from prejudiced eyes. This is the point where all the inhibitions of a fresher shatter and he/she finally starts to believe in being worthy of the course and standing tall with their peers, if not above then at least at par.
So, it does not matter if you have years of work experience, or you are fresh out of college. An MBA curriculum needs you as much as you need it.
About the Author: Nancy Raj, a BA honors in Statistics by qualification, is currently pursuing an MBA from IIM Kashipur. She is a part of various student bodies like the cultural committee and Admissions support body. She is fond of reading, writing and travelling. You can connect with her on LinkedIn
Do you think MBA in an IIM is all about securing good grades and a 6 figure placement offer? Obviously, but not exhaustively.
There are a plethora of opportunities and the exposure that a student gets here is quite enormous. What if I say, you are the ones pulling up sleeves and drafting up opportunities in terms of Bschool Competitions, Webinars with Corporate giants, Tedx Workshops, Start-up Fests, not a normal scenario in your high school and undergraduate education, but in a student-run campus like IIM Kashipur, you are the frontline strategist planning and executing the initiatives from alpha to omega.
Name your interest, and we have a club for it. Well, most of us have this one thing that seems to be sweaty and daunting, the art of Public Speaking. You wouldn’t be surprised if I tell you that we have a very active and alive Toastmasters Club that helps you to break the shell that you have been building since childhood. Six months into the club, you will see the difference for yourself. Have you noticed a trend in recent years? I mean, it’s so evident in all the social media sites that the students of IIM Kashipur outperformed and bagged prizes in most of the corporate case study and other major competitions to quite an extent that it called for an organized club, The Corpus. The team of active participants majorly focuses on helping the students to compete and to provide an insight into the competition because the winners know the best!
Hola Amigo ! Bienvenue à la Maison
Don’t be confused, it’s just a pinch of Spanish and a dollop of French that I have learned in a workshop and I probably want to show off a bit. During your stay at IIM Kashipur, you will come across a unique club and committee that promotes foreign languages and culture on the campus. From celebrating Halloween, language workshops to exchange programs, they inculcate the best practices to bridge the cultural gap and they train us to survive in any corner of the world.
Take a small peek into the past, growing up, some of us wanted to design our own clothes, some of us even played with the camera toys and posed as serious photographers, some of us even posed a media person. To keep the child in you alive, we have Kaptured to capture the best moments at the campus, the design cell that makes us take pride in an IIM Tag with hoodies and T-Shirts and the MPRC, the media front that glorifies our college to the external world. All these are student-run clubs and committees, and they get exposed to the real corporate world even before stepping out of the campus.
Every student in their lifetime at least once must have had this entrepreneurial instinct in them, whether the idea is good or bad, you would have dreamt to begin your own startup. To add fuel to your entrepreneurial instinct, we have Ecell with collaboration with FIED conducts workshops and I must mention their flagship event “Uttishtha”, which instills and brings out the hidden entrepreneurs to light. All these activities are done by the cell members, one can only imagine such huge and overwhelming responsibility and the impact that they can induce.
The color green is associated with prosperity and the lush greenery scenes around the campus are the fruits to the effort of our ecology club, at one point you sip your coffee enjoying the scenic beauty, and indulge in few cheat moments while being still in the hustle and bustle environment. The students of the IIM Kashipur are compassionate and kind to the community surrounding them, through the Parivartan club, they give back to the community in multi-folds.
A student studying at IIM Kashipur gets a chance to witness his managerial instincts in every possible way, from maintaining accounts, promoting events, and managing people, he puts the theoretical knowledge into practice. Managing clubs and committees is not a piece of cake, the outside exuberance is the result of every student’s contribution to the betterment of the fraternity. Every year the students pass the baton of their responsibility to the juniors to carry forward the legacy left behind, two years of journey embarks a special place in the hearts of every student at IIM Kashipur, it’s not just an IIM, it’s THE ONE TRUE IIM IN THE NORTH.
About the Author: Angelin is currently pursuing MBA from IIM Kashipur, with majors in Finance and Marketing. She is a part of the College’s Wellness Team. She is fond of playing Keyboard, going for long drives, cycling and listening to podcasts in her spare time. You can connect with her on LinkedIn
Click on the ‘New User Sign-up Here’ option. It will direct you to the following page
Fill in your name, valid email ID, Mobile Number, and set a password. Click on REGISTER NOW.
Following this, you will receive an activation link on your registered email ID.
The next step is to click on the activation link which will direct you to the following page
Following this, you will get a message that your account is activated. Login with your credentials and move ahead with the registration. After logging in, the form asking for your personal details will open.
Fill in all the details in the next step. Ensure the desired file size limit when you upload your photograph and signature. Fill in your temporary and permanent address details.
Finally, fill in your transaction details, name of the bank along with other details, and click on NEXT.
In this step, you have to fill in your educational background and related details. Make sure you fill in the exact figures as mentioned in your original documents. Further, you need to fill in the details of your qualifying exam (CAT or GMAT)
Also, fill in your scholarships and professional work-experience details. Click on NEXT
The next step is to upload the mark sheet of your qualifying exam. Post that, you can preview the entire form and check for any errors. Sign the declaration and submit the form.
Mr. Shikar Gautam, Alumnus of IIM Kashipur who has completed his PGP in the year 2017 is currently holding the position of Senior officer at GAIL (India) Limited. The Alumni Relations Committee of IIM Kashipur has served as a bridge to beget valuable insights about the Natural Gas Industry from our erudite alumnus. This article covers the holistic perspectives on various questions dealing with the Natural Gas Industry through the lens of GAIL (India) Limited.
Q. Why is there so much accentuation around a gas-based economy?
The government released Natural Gas Marketing Reforms in October 2020 to work in that direction, how will it boost natural gas marketing and increase domestic production, while ensuring a fair competitive market.
India comprises 17.7 % of the world population but only consumes about 5.8% of the total energy. As per the World Bank, the world average per capita energy consumption is 3 times over India’s energy consumption. Countries like the United States, China with 10X per capita energy consumption as compared to India are still adding energy capacities to their existing portfolio and are shifting towards cleaner energy alternatives.
India’s energy consumption has doubled since 2000 yet around 240 million people remain without electricity. To cater to and satisfy the energy requirements of the country, India’s power system needs to quadruple in size by 2040 and focus on the choice of fuel it uses. To fulfill the rising demand and restrict the use of polluting fuels like coal and oil, India needs to plan and strategize the right energy mix which can sustain the changing environment. In 2018, global wind power capacity grew 9.6% and solar power accounted for about 2% of global power requirements.
India’s endeavor towards a Gas Based Economy and natural gas has been identified as a sustainable option to create a balanced Indian energy basket. Hydro and nuclear plants are usually operated at 100 % capacity therefore it is not feasible and recommended to operate them under capacity or to shut them on/off frequently. Due to the unrivaled capacity of gas-fired power plants to ramp up and down quickly, gas-fired power generators are much more adept at adjusting output based on residual demand resulting from wind and solar power than other hydrocarbons such as coal. Accordingly, natural gas electricity generation is increasingly employed to support wind power as the latter continues to grow. As the market share of wind power increases, the amount of fuel needed to provide backup to wind will also increase. This means that natural gas power, wind, and solar power are likely to be tightly linked in the short-to-medium term.
By 2040, Electric Vehicles which are thought to be competing against Natural Gas Vehicles would comprise 55% of new car sales and 33% of the global car fleet. Electrified buses and cars would displace a combined 7.3 million barrels per day of transportation by 2040. In order to shift to a cleaner energy system and cater to such a volume of electricity requirement, it can be deduced that the EV charging stations would require electricity from cleaner sources keeping in mind the emissions from the use of coal in electricity generation. With the natural gas infrastructure in place, the future electricity requirements can be fulfilled by Natural Gas through large power plants as well as small captive plants at commercial parks/ residential complexes where natural gas can be directly used at the point of electricity consumption. A pilot plant of 10 MW capacity is already operational and supplies electricity to DLF’s Cyber City, a major commercial centre housing multinational corporations and leading business house.
Natural Gas Marketing Reforms in October 2020:
Government now also allows pricing freedom for new and upcoming fields to domestic producers as the existing domestic pricing formula is making natural gas production economically unviable. The system was based on the crude price indices of the US, Europe, Canada, and Russia. This system was becoming irrelevant day by day and needed to be scrapped.
The objective of the policy is to prescribe the standard procedure to discover the market price of gas to be sold in the market by gas producers, through a transparent and competitive process, permit Affiliates to participate in the bidding process for the sale of gas, and allow marketing freedom to certain Field Development Plans (FDPs) where Production Sharing Contracts already provide pricing freedom.
Oil Secretary recently revealed that govt. is planning some more reforms in the upstream sector to make it attractive for investors
Q. Can you please shed some light on the recent GAIL project of the Kochi-Mangalorewhich was virtually inaugurated by PM Narendra Modi?
The 444-km long natural gas pipeline was launched in 2009 at an estimated cost of Rs 2,915 crore and was to be commissioned in 2014. But opposition on safety and commercial grounds wherein the land price was the main hurdle, both from political parties and the public, ensuring that the project lingered on. This led to the project cost nearly doubling to over Rs 5,750 crore.
Situations like these are common in projects which involve dependency on external agencies for their completion.
Some common problems include:
Difficulty in route planning because of the growing population
Farmers demanding higher land compensation, route diversion, etc.
Records of ownership and land possession certificates are not easily available
Inadequate Mobilization of construction equipment, Specialized equipment
Like in this case: Resistances of farmers, Farmer bodies – instances of associations, PIL, litigations, etc.
GAIL was ready to complete the project this August, but a 540-meter stretch across the Chandragiri River became a nightmare. The project crosses as many as 96 waterbodies south of the Chandragiri River. So as a way out, GAIL reduced the diameter of the pipe to a fourth — from 24 inches to just 6 inches now. But this is only a temporary arrangement and the work to lay the 24-inch pipe will resume soon
Today the pipeline supplies 3.8 million cubic metres of gas every day to industrial and residential customers in Kochi and is set to cross 4 million cubic metres soon in the city itself, while Mangalore has a potential of 2.5 million cubic metres per day
With the commissioning of the pipeline, gas demand in the state will touch 80-90 million cubic metres per annum from 60 million cubic metres now.
The pipeline is also a big boost to the struggling Kochi LNT Terminal of Petronet which has a capacity of 5 million tonne annually but 90 percent of capacity has been idling due to the delay in completing the Kochi-Mangalore pipeline and with the commissioning the capacity utilization of the LNG terminal will go up to 25-30 percent.
Apart from huge environmental gains, the state can also gain monetarily as it can get up to Rs 1,000 crore by way of taxes alone. Supplying to the Kochi region alone helps the state earn over Rs 340 crore annually in tax revenue.
Q. GAIL won the Leader Award at Frost & Sullivan and TERI’s Sustainability 4.0 Awards 2020. Where does sustainability stand for GAIL, especially in an industry where resources can be easily exploited.
Talking about sustainability from GAIL’s point of view. GAIL has engraved the word “Environmental Responsibility” in the company’s vision statement.
GAIL has a dedicated Sustainability department working towards a Sustainable Future.
The company has been disclosing environmental, economic, and social performance since 2011 through annual sustainability reports. Through sustainability reporting, the company analyses its strategy, set goals and targets, measure and advance performance, and ultimately develop a sustainable business model that adds value to the society
Along with Frost & Sullivan and TERI’s Sustainability 4.0 Award, GAIL also received FTSE4. Good Index series certificate in June 2020.FTSE4Good is a global sustainable investment index series, designed to identify companies that demonstrate strong Environmental, Social, and Governance (ESG) practices measured against international standards.
Apart from this, some Initiatives of GAIL towards sustainability:
Hawa Badlo (Change the Air) is a one-of-a-kind initiative by GAIL. It is a campaign to drive behavioral changes in making our cities air pollution-free. The campaign has digitally touched more than 100 million lives, enabling people to make a direct link between their energy consumption patterns and the impact on their health and the environment. The goal is to motivate people to voluntarily switch to more economic and environmentally friendly ‘natural gas’.
SATAT’ (Sustainable Alternative Towards Affordable Transportation) is a scheme launched by the Ministry of Petroleum and Natural Gas to promote Compressed BioGas(CBG) as an alternative, green transport fuel and is being implemented by GAIL
THE estimated CBG Potential from waste/biomass in India is 62 MMTPA. Under SATAT, it is planned to target 25% of this potential ~ 15 MMTPA by 2024 through 5000 CBG plants (~ 8 TPD ~ 10000 SCMD). CBG shall be produced by Entrepreneurs and OMCs, GAIL along with it’s Associates and Joint Ventures will provide marketing tie-up to CBG Entrepreneurs
Other environmentally conscious decisions include –
Having more than 40% of GAIL landholdings covered by green belts and water bodies across all the locations
GAIL has carried out multiple studies to assess the potential for the installation of solar power plants at its sites pan India. Implementation of solar power is in progress at shortlisted sites.
GAIL has also embarked upon the journey of adoption of the GreenCo Rating. This rating helps in making products, services, and operations greener.
GAIL revised its Sustainability Policy considering the new national and international developments such as UN Sustainable Development Goals, India’s Nationally Determined Commitments among others.
When we talk about renewable energy GAIL has a portfolio of-
130 MW – Renewable energy portfolio (118 MW– Wind and 12.26 MW – Solar)
120 Sustainability projects – Investment of INR 80 crore
Renewable energy generation– 1,76,200 MWh (Moving towards renewable energy)