The MUIMUN experience

I had an awesome experience attending the first Muenster University International Model United Nations (MUIMUN) that took place in Germany from April 1 –April 5 ’07 under the theme “Change Today – Shape Tomorrow”.

Muenster, City of Westphalian Peace, is surrounded by the inimitable atmosphere where more than 160 delegates from 40 countries came to participate in this conference, which simulated six different committees of UN. I was selected to represent India in the World Bank committee.

I still remember the day when I received an email from MUIMUN scholarship team stating that Dear Delegate from India, We are delighted to inform you that will be able to cover all your expenses viz. airfare, accommodation, food and conference fees. Receiving this mail it seemed like all my dreams had come true and indeed that seems to be the fact. I was ecstatic and did not even know which mountain in India to stand high on and scream my joy. I later came to know that I was among the 10 fortunate guys who got selected for this scholarship.

25 student delegates representing different countries had assembled in the World Bank committee to discuss two critical topics:

Topic A: Loan Proposals for International Bank for Rural Development (IBRD) Lending.
Topic B: Micro Financing in Times of Contemporary Challenges - Non-Profit vs. Commercial Micro Financing

My main motivation behind attending this conference got triggered when I did my DOCC project with Mahila Arthik Vikas Mahamandal, Mumbai where I got an opportunity to recommend strategies for providing microfinance loans for the upliftment of rural women.

I felt that discussing the microfinance topic at MUIMUN World Bank committee helped me to widen up my horizons & provided a platform where I exchanged ideas from different cultures and different countries.

I still cannot forget how we all debated on the loan proposal introduced by me as the delegate of India, which talked about IT investments in agriculture sector of India. We also had a lot of heated discussions on proposal from delegations from Indonesia, Pakistan and Russian Federation. At the end of the day almost all of us were totally stressed out. However MUIMUN organizers did a great job of organizing Global Village (International Night), where the delegates were asked to bring specialties from their home countries to let the others share their culture, which actually gave me a chance to see those amazing performances from different traditions. I also got an opportunity to sing a bollywood song ”Tanha Dil” and I think audience liked it :-)

The best part came when the committee members and the Chair chose me as the delegate with the most outstanding and exceptional contribution to the committee. Delegate representing USA and Delegation from Russian Federation were awarded the 2^nd and 3^rd prize respectively at the closing ceremony.

I was also asked by the MUIMUN organizing committee to deliver a speech at the closing ceremony on behalf of all the delegates sharing my experiences and got a standing ovation for that. That was the most joyous moment of my life.

Finally it all ended with a dance party at Cuba Nova disc and I packed my bags to explore another beautiful place Paris, City of Love and the City of Romance!!!! Was there for 4 days and saw some of the best French architectures - Eiffel Tower, Musée du Louvre (Da Vinci Code fame), Chateau de Versailles (Royal palace), The Sacré-Coeur Basilica (Cathedral located at Monmartre Hill), Notre- Dame Cathedral to name a few.

Last but not the least from this conference I took back to my country all those sweet moments, which I spent in one of the Europe’s most beautiful city Muenster, I took back all the learning, which I have got from attending the MUIMUN. And yes I took back the friendship of my fellow delegates, which I will cherish throughout my life.

Cheers,

Somansh

SBI Loan Process - Steps

* Click here for SBI loan process ready reckoner

Application Process:
**********************
1. Send ur application to SBI Andheri West Branch.
- u hav to send *original* offer letter
- *original* signature identification doc from ur banker [hdfc/icici/..u will get this in half a day]
- *attested* copies of marksheets
- + other docs as per this year's requirement

2. After 2 days (or whatever no. courier needs), call up Mr. Gore. Get verbal acknowledgement
of receipt of your courier. Specifically ask whether all docs are ok. Ask him when to call next
to enquire about loan sanction. Eg: He says 5 days.

3. After 5 days, call Mr. Gore and enquire about sanction. You will get to know about the
status. Keep in touch with him. One fine day he will tell you that the loan has been sanctioned
and you may now come to mumbai for signing the agreement.

Post Sanction: One day @ SBI BKC (29.may.2007 Avdhut's Experience) *****************************************************************************
finally got call frm Mr Manoj( SBI Bandra -kurla complex ) to come for loan disbursement on 29 may with my parents (co-applicant ) ..... he told me that edu-shield policy is scrapped by SBI
1) reached SBI Bandra kurla complex -1st flr at 10:15 am after 15min wait Mr Manoj gave me 4 docs and asked me to do franking ( this is new system starated by gov ...after stamp paper scam .... so instead of agreement on stamp paper we need to get loan agreements franked by gov )
2) Franking office is on grd floor of MHADA office , room no 77 ( grd flr pe kisi kone me hai ye office ) . its at a dist of 10-15 min from SBI office ......
3) paid fees 990 for franking n came back to SBI BKC
4) then he asked my parents n me to sign on around 15 docs.....and gave him the break-up of DDs i want ...
5) then he collected receipt of 35 K which i submitted to college ...so carry all d receipts for the payment to SPJIMR ....
6) i expected that he ll give me DD n i ll submit it to college but he said he ll call me within 2-3 days when DDs ll b ready ....
7) Margin money is @ 6.5% n not 5 % ...when i asked him abt this change he said margin ll b different for different cases .....
also if u / ur parents hv account with SBI carry acc no with u ......
strangely he didnt asked me to open new acct with SBI .....

Post Sanction: One day @ SBI andheri (21.apr.2006)
******************************************************

Trivia: SBI andheri branch is in frnt of Shopper's Stoppe, S.V Road.
Caveat: The slowest process is 'opening of s.b a/c'..do it last.
First thing: As soon as you reach the bank, call up Ms. Bina [loan insurance] and fix an
appointment in the next 45 min (she will need some time to travel to andheri)

Docs to carry:
1> margin dd 2> processin fee dd 3> original passport 4> 2 fotocopies of passport
5> 2 copies of PAN 6> 2 fotos 7> cheque book 8> spjimr lokal addres proof or offer letter
9> Your Nominee's DOB (no doc, jus info)

People/tasks: order of events as listed..
*****************************************

1) Mr. Gore/Mr.Khadamkar: Mr.Gore was on leave. Went to Mr. Khadamkar. He asked me to go meet Ms. Manju.

Ms.Manju [loan term execution]: Affable. You will have no probs here. my agreement papers wer franked n ready [trivia: if not franked, u hv to get it franked from nearby bank of rajasthan -> 300 bucks].
* giv her margin dd n proc fee dd. documentation fee is 400 bucks. i had included this in my processing fee dd.
* sign d docs
* u need to tell her abt the figures for INR and USD dd's
- i asked her to make INR dd for 1,00,000 + 28,000 + 36,000 = 164,000
so tht spjimr fee instalment # 1 + hostel + mess fees r covered

Exit criteria: time ~30 min
* copy of term agreement duly signed by Mr.Khadamkar
* get ur 9 digit loan a/c no.
* SBI transfers INR amount to spjimr

2) Ms. Karina [forex]: u wil hv no probs here.
* she will help u fill up 4 docs.
* dont forget to give her ur loan a/c no. ... she debits amt frm d loan a/c for makin a USD dd. form wil lie there if u dont provide this.
* ask her when cud you come and collect USD DD (avg. 2 days)
- on that day, one of you who wud have come to sign docs can collect DDs of rest of your friends.
- note down DD nos v/s names - you will neways come to spjain in step # 5
- deposit DDs in our office

Exit criteria: time - ~ 20 min
* no receipts here

3) Ms. Bina [insurance]: u wil hv no probs here [tho' she shocked me wid googlies like 'y cant u keep bangalore hutch num in roamin whn u shift to mumbai..for all of d course period! i told her i cud do it if sbi gives me a 'sbi caller loan' :) ]

* fill up form
* giv copy of passport
* giv cheque/cash

Exit criteria: time - ~ 20 min
* receipt wil b ready in 10 days. she wil retain it wid herself. v can collect it later.

4) Mr. Deshpande [new s.b a/c]: You can revisit rk narayan omnibus cover to cover if u like to..

* fill up form
* 2 fotos
* copy of passport
* spjimr offer letter [in lieu of spjimr lokal addrs proof] - Ms. Bina helped me in negotiatin this wid deshpande.

After all this negotiation..new a/c openin app stopped workin. they blamed it on 'slow n/w'..but d error msg was abt unmatched data n was pretty fast in throwin exception. v tried to contact their IT support group..d reply was tht it was first of its kind error! but, it was quite apparent tht thr was wrong sequencin of data in one of their tables. hmmmm... spent 3 hrs...no luck. managed to convince him to keep my docs and create a new a/c whnever the app starts workin again. He obliged n took down my mobile num. Have not got call in the last one year :)

Exit criteria: time - ~ 3 hrs
* new s.b a/c num
* anyways, s.b a/c can be opened later...no worries. In order to start paying interest amount, you need a s.b a/c + your insurance premia get debited from this a/c

5) Went straight to spjain

Dipali ma'am [hostel confirmation]:

* confirmed hostel requirement
* gave date of arrival, 28.may
* also, she asked me to write down my landline num in VT doc

COB

****************************************************************************************************************
* NOTE: wot follows is for guys who had projected a loan amt tht included lappy's value...but, later decided no need to spend money on lappy while we already own one.

More importantly, the question is 'how does sbi decide the INR amt to be disbursed to spjimr as regards first instalment?'

Issue: sbi does not kno whthr iam gonna avail hostel facility/lappy.. so default is: 1 lac [fee]

Ms. Manju asked me whthr she shud include 28k [hostel] and 35k for lappy. i said tht lappy is not required. but, i asked her to 'include' 28k [hostel] + 36k for mess fees.
So, our input helps them decide the value of loan disbursal as regards first instalment to spjimr.

* wot happens to 35k [or any amt] that is not utilized during 24 months?
- this amt is not 'released' at all.So, NO INTEREST on such UNUSED amt.


Cheers,
Ganga

SBI Loan Process - Ready Reckoner

1. SBI Andheri West branch - o22 26207494/ 26207306
Address:
Branch Name: ANDHERI(WEST)
Branch Code: 4650
Address: S V ROAD,MUMBAI, MAHARASHTRA
Pincode: 400069
Phone: (022) 26704940, 26207494

Misc Details:
Swift Code: SBININBB354, RTGS : YES, Fax: 26230382
Email: sbi.04650@sbi.co.in, Forex Type: B, IFSC Code: SBIN0004650

2. SBI Helpline - 022 26445525/ 26445524/ helpline.lhomum@sbi.co.in
3. Single Point of Contact: Mr. Girish Gore
4. Mr. Khadamkar - Branch Manager
5. Ms. Karina - Forex Dept., USD DD
6. Ms. Bina - Loan Insurance
7. Mr. Deshpande - New s.b a/c
8. It is not mandatory to pay the interest amount during the period of studies
9. Address proof verification by nearest SBI is 'after' the loan gets sanctioned
10. If interest is not paid durin moratorium, wot's d penalty?
- 2% on INTEREST amt
11. EMI if interest paid - 13,635 [loan amt sanctioned = 6.54 lac]
12. EMI if interest not paid - ~ 15k
13. Insurance premium/ year - INR 1508 [for 26 yr young, single, happy n healthy male]
14. How many yrs do we pay insu premium?
- 2 [moratorium] + 5 [repaymnt term] = 7 yrs ...i.e INR 1508 x 7
- this gets deducted frm our sbi loan a/c directly
- so, guys who dont hv 'extra' amt [owin to lappy value] in ur loan pls put sum money in ur
sb a/c
- if you do a bulk repay of loan, say in 2+2 yrs..u only need to pay insurance premia of 4 yrs..
- *insured amt* = 6.54 lac. wot this means? lets say i repay abt 3 lacs. then i go take a trip to
meet st.peter's... insurance will pay remaining 3.54 lacs to SBI + 3 lac to my mom
[nominee]
15. wot's the interest rate? - 9.25% floatin [then]...10.5% now
16. what are the acknowledgements for loan disbursal - spjimr receipts

Cheers,
Ganga

DOCC: Access To Justice Team

Interview with Dr.Parviz, Managing Director - MIT India Program

Dr. Parviz Ghandforoush, Professor, Dept of Business Information Technology, Managing Director of the Master of Information Technology program, and Director of the Northern Virginia Center M.B.A. Program teaches the students of PGDSM MIT, SPJIMR a course on Web Applications and Electronic Commerce. Dr. Parviz has over 25 years of research, teaching, administrative, and professional experience in information technology and management science and is the co-author of the textbook "Management Science for Decision Makers".

He was here at our SPJIMR campus for the contact classes of the program from 16th to 20th April 2007. To read more about his publications and research interests click here.

In his interview to our student reporter, Dr. Parviz talks about his views on the importance of the convergence of Managerial and technical know-how and how beneficial is the dual degree program, PGDSM MIT, to the students and the organizations. He points out that more and more organizations are looking for people who have the blend of managerial and technical knowledge.

He says that the students of PGDSM MIT offered by SPJIMR, in collaboration with Virginia Tech, develop the ability to think about the next innovation and technology in the industry and contribute as proactive managers to the organization through the courses designed by SPJIMR and VT. Been in this program since inception, Dr. Parviz says that the program as of today has evolved from what it was three years ago. The evolution is because of the transformation of demand and change in students’ outlook according to Dr.Parviz. He adds saying that the students of MIT-India program are prepared to a much greater extent for the course.

Dr. Parviz says the students of this course get an opportunity to learn from professors who have done high level research and have published renowned papers. The key advantage of this course, he quotes that, is SPJIMR and VT being the leaders in their respective fields offer the students first hand knowledge of both the worlds. He also talks about the Personal IDentifier (PID) provided to the students of Virginia Tech being valid for life time and how the students can avail the facilities using their PIDs.

Dr.Parviz finds the Indian students better off and greatly prepared for the course and pats SPJIMR for its screening process. To read more on what Dr. Parviz spoke to the student reporter please download the file from the following link.

DOWNLOAD FILE

Cheers,

PRCom | PGDM (SM) MIT

Joey aka Patro aka Partho's budday

Cheers,
Sudhir Jena

Alum Talk...

Excerpts of Ravjeet Singh's (PGDSM MIT 02) mail to Prof. Sunil Rai

**************************************************************************************

With your wishes I have become Program Manager and am handling now both Off-Shore and On-Shore part for Bangalore International Airport Project (BIAL) for IT Systems and Communication. I have a much bigger responsibility now, handling 9 projects/sub projects which include SAP implementation also. I am reporting to the head of the SBU, Mr. Ravishankar directly.

Projects Include:

1. AODB (Airport Operational Database)
2. FIDS (Flight Information Display Systems)
3. LMS (Location Management Systems)
4. CUTE (Common User Check In Terminal System)
5. Networking (Active & Passive) LAN, WAN, Wifi, MPSS
6. VoIP System (PABX Communication System)
7. TRMS (Trunk Mobile Radio System)
8. Hotline System
9. SAP (6 modules; FI, CO, MM, SD,..)
10. BRS (Baggage Reconciliation System – Proposal Under Consideration)

The whole Project cost is now more than 9 Million Euros (approx 60 cr. INR including on-shore services).My gross package (including project bonus) is also increased, with your wishes now got the highest package in PGDSM MIT 02.

Sir, I would like you to visit the Airport Site whenever you are in Bangalore next time, it will be a great pleasure to take you around and show the state of the art airport in making.

Will be going to Singapore for attending the Asian Airport Summit from 23^rd – 25^th April and after that will be visiting Bangkok for 2 days meeting at New Bangkok International Airport.

Once again I am highly thankful to you as well as to other Professors/Staff members to have had faith in me and given me the opportunity to be a part of SPJIMR Family.

Waiting for you to meet in Bangalore again…..

Regards,

Ravjeet Singh PMP

Program Manager - Airport Systems
Siemens Information Systems Limited
# 84, Keonics Electronics City

Hosur Road

Bangalore 560 100

I observed at Graduation Ceremony...

Dear PGDSM-MIT03 participants,

I asked myself a question, looking towards your batch, 'Can I try you out?'. I didn't wait too long, or for too many people to ratify the answer in my mind 'Yes, i will". You proved exceptional, in the quality of support you gave me, for making the SPJIMR Graduation Ceremony what it was; we all know that.

I noticed a few things with pride; the way the PGDSM-MIT03 volunteers kept a stone face, stowed away emotions behind, and put forward a humble and extremely alert disposition, esp during absolute crunch situations. You have a way, a style that I felt is unique and outstanding. Now on, you will have to work even harder to sustain it. And bet, you will.

Before I end, I mustn't forget to mention one more person, Sandeep Sharma (pgdbm-1). Simply put, he was the complete 'Auto-pilot device', for the Graduation Ceremony. And mind you, this 'device' even innovates on its own. Brilliant!

Thanks a million.
Prof. Suranjan Das

PGDSM MIT 01 alumni @ Chennai

Somansh wins first prize at Munster

Cheers,
PRCom

Welcome Dr. Parviz!

Bye bye pgp 2005!

Dear Friends,

Goodbyes are not forever.
Goodbyes are not the end.
They simply mean we will miss you
Until we meet again!

Here’s wishing you all the best! Do keep in touch.




Cheers,
PRCom

eCommerce - Guest Faculty Lecture Series

(6-8 April & 14-15 April)

Faculty: Dr. Dhrupad Mathur
Senior Consultant, Project Management Unit at the Ministry of IT, New Delhi, India

Dr Mathur works as a senior consultant on the National eGovernance Plan at the Ministry of Communications and Information Technology, Government of India. With over 7 years of professional experience, he has been into academics as well as research.

He holds a PhD in e-Business process transformations for developing new business models. An MBA by training, he has international publications to his credit. Dhrupad is also a Sun certified programmer and an IBM Certified Solution Developer. He has worked with the United Nations Working Group on Internet Governance at Geneva on a fellowship, in association with Diplo foundation.

* Dr. Dhrupad's article

Courtesy : Pranav Bhatnagar, Acadcom

Cheers,
PRCom, PGDM (SM) MIT 03

It's hot n humid...but

In the midst of humid summer, see where our batch is goin...


Cheers,
Rohit Upadhyay

Course Bookmarks

Dell Service Centre Online Chat

Decision Support Systems

• Crystal Ball Tute

Software Design & Quality Management

• Templates for Quality Manuals
• Metrics - pdf Downloads
  

eCommerce

• i4d
• igf
• Working Group on Internet Governance
• Dr. Dhrupad's Article
  

Economics

• Classical Economics
• Marginal Utility

Enterprise Applications

• Global Standards
  

Finance Management

• Carbon Credits
• Book: How to understand Business Finance - Robert Cinnamon/Brian Helwe-Larsen
• Book: The Bottom Line - Businees Finance:Your questions answered - Virgin Biz Guides
• Book: Understanding Financial Ratios in Business - A practical guide for business finance & Banking - Raghu Palat
  

Online Application for MIT degree


Cheers,
Ganga

Virginia Tech Contact Session: Dr. Lance Matheson

It is a great pleasure for the participants and faculty of PGDSM MIT to extend a warm welcome to Dr. Lance Matheson.Dr. Matheson will be teaching ‘Decision Support Systems' to PGDSM MIT 03 participants. He will be here with us from 02.04.2007 to 06.04.2007.

Cheers,

Ganga

Happy By Choice

let the warmth of the morning rays,
shower kisses on your lovely face;
let the morning dew bid adieu,
to pending sleep from your eyes so blue;

let the fragrance of the sweetest moments,
bring the broadest smile,
let the mirror on your bedside wall,
reflect the happy you!

we are the choices we make,
we walk the face of earth,but once,
and there is surely no retake,
Lets be Happy, by choice

- Prof. Latha Lakshminarayanan

dreamZhunt deadline extended

Dear All,

This is the excerpt of the mail from SGS Technologies. NEN members can make use of this opportunity.

*********************************************************************************

As some of you have requested us to extend the dreamZhunt deadline, we have extended it until April 7th. This arrangement is exclusively for NEN members.

If you don’t know what dreamzhunt is (or didn't look at my previous email on this), this is a "funding" contest for IT professionals with some good business ideas. The details of the event can be found at www.dreamzhunt.com

Please check that and make full use of this opportunity. Feel free to buzz me (or dreamzhunt guys) anytime. You can contact Malini ( malini@dreamzhunt.com) or Jaishree (jai@dreamzhunt.com) too for any clarifications.

Thanks & Regards
Manoj Kumar

Business Manager

SGS Technologies P. Ltd

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