IFMR Convocation 2018

The Institute for Financial Management and Research (IFMR) held the Convocation-2018 at Sri City campus on April 21, 2018. Mr. R. Seshasayee, Chairman, Indus Ind Bank Limited & IFMR was the Chief Guest and delivered the convocation address.

Excerpts from the Convocation address of the Chief Guest, Mr R Seshasayee:

“All of you those who are passing out today are very smart, very intelligent, having gone through this course successfully and I have no doubt that the future would be very bright to all of you.

It is somewhat humbling to remember that the DNA of human being is almost 99% the same as the Chimpanzee. What differentiates therefore a human being from a Chimpanzee is just about this 1% DNA. Which means that the potential that you have, not only with a Chimpanzee, but also with Einstein and Newton and Stephen Hawking is perhaps matter of just a fourth decimal. This means the potential exist with all of you and it is up to all of us to figure out a way to get the best out of each one of you.

If you look back and then say what is it that you have learnt in these two years in this institution and as you step in to a new career, it will be evident to you that what you are learning is- learning to learn. Learning never stops.

If you look back and then say what is it that you have learnt in these two years in this institution and as you step in to a new career, it will be evident to you that what you are learning is- learning to learn. Learning never stops.

As most of you must have by now gone in to a job, you will realize there’s lots of things that you have not been prepared for. Many things would look very strange to you. As you move in to a career, you are prepared to apply your knowledge in certain aspects of your job. Lots of aspects of your job, you’ll probably have to learn on the job. And that’s when you have to honestly learn, have the curiosity to learn and have the humility to say “I don’t understand this. So, can I get to learn?”

I joined Ashok Leyland as an Internal Auditor- not a very popular profession amongst the students who go in to career. I found that what is happening in a truck manufacturing company was so fascinating that it led me to a number of things which I have not been prepared for in my school or college. And as it moved me through my career, which moved me away from what I had learned- which is accountancy-  to shop floor management, to many other things, to marketing, to human resources development- I found that this joy of learning was the best reward that you could get from pursuing a career. 

Second important thing in carrying forward curiosity is creativity. Creativity is not only about arts, but, also about ideas and solutions which are actionable. Creativity is also about entrepreneurship. Entrepreneurship is not just about big investments, start-ups or technology. It’s about the spirit of entrepreneurship to create a solution – the creativity and innovation to find a solution. Entrepreneurship doesn’t mean that you have to be necessarily be on your own. Entrepreneurship can also be where you are employed. If you can create new solutions, new products, new services that the business can then use, you can be an intrapreneur. Creativity has to get translated in terms of a tangible impact on the society.

Action is important following curiosity, creativity and change. You need to make sure that every decision you make to solve a problem or address an opportunity, is anchored very strongly on principles of Ethics and of societal consciousness.”

Mr Seshasayee quoted various interesting examples from his own experiences in Ashok Leyland and other events like the falling of Barings Bank, success of mountain man Dashrath  Manjhi, spotting of business opportunity in a problem by Chotu dot com etc. and wished good luck to all the passing out graduates.

Commencing the convocation ceremony, Dr Sunder Ramaswamy, Vice Chancellor gave his words of wisdom to the graduating class.

Excerpts from the speech of Dr Sunder Ramaswamy, Vice Chancellor

“For the graduating class of 178 students, Convocation represents a passage or transformation. Literally a new beginning. Every one of you graduating is endowed with the following: Will, Imagination and Thought- WIT. What your teachers, family and friends have done is to provide a nurturing environment and would continue to do so as you try to hone these three forces – Will, imagination and thought in a most meaningful and a positive way. 

John Lennon, the famous Beatle once wrote, “Life is what happens to you when you are busy making other plans”. So, be thoughtful and be mindful of how you go about your day. Have fun in whatever you do. Have the joy of learning. Be generous.  Have convictions but be open-minded. Whatever you end up doing or pursuing, focus on making a difference- howsoever small or big. Dare to dream. The future belongs to those who believe in the beauty of your dreams. Continue to cultivate your imagination which is essential to fostering creativity and innovation.

Money is important. But, never equate net-worth with self-worth. After all as Mahatma Gandhi so wisely observed, “There is enough in the world for Man’s need. But, not for man’s greed.”

It is important to be happy and pursue happiness. But, pursue a life with meaning. Happiness does not come from getting what you want. It comes from wanting what you have. Success, like happiness cannot simply be pursued. It must ensue as an unintended by-product of your personal dedication to a cause greater than yourself.

Post IFMR, You’ll realize it is not what happens to you that often matters. It is what you do with what happens to you that matters. There will be many choices before you, – how you face these choices, these turns in the road, what kind of attitude, more than the choices themselves is what will define the context of your lives.

Go ahead. Make the future of your own. Remember the acronym – WIT- Will, Imagination and Thought.”

The Chief Guest presented medals to students who had demonstrated academic prowess, leadership skills, and all round excellence through the year. Awards were also presented to distinguished alumni from various batches and programmes. 178 PGDM (Full-Time) Students were awarded the graduation certificates.

Dr Kamal Ghoshray, Acting Resident Director Welcomed the gathering and also presented the annual report of activities and achievements by IFMR.

Medallists

  • H T PAREKH MEDAL for Best Outgoing Student was given to Mr Lakshmi Narasimhan
  • A SIVASAILAM MEDAL for Meritorious performance – Ms Popat Komal Falgunbhai
  • C M KOTHARI MEDAL for Meritorious performance – Mr Pavan Kumar Polisetty
  • A M M ARUNACHALAM MEDAL for Meritorious Performance – Mr Shravan M

Distinguished alumnus awardees

Following alumni of IFMR were honoured with the Distinguished Alumnus award.

  • Mr. Arun Ramnath, Head, Global Sales, Presales and Product Divisions, CARE Risk Solutions [PGDM Batch 2022-04]
  • Mr.B. Mohana Rangan, General Manager (Operations), Somic ZF Components Pvt. Limited  [PGDM for Working Professionals Batch 2007-10]
  • Ms. Kalpana Kumar, Chief Caring Officer, Qube Cinema Technologies Pvt. Limited  [OUBS 2004 Batch ]

The event concluded with the National Anthem.

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