Author Archives: IBS India

Notable Alumni – Chandan Goswami

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An ICFAI Business School, Mumbai of the 2002 batch, Chandan Goswami is the Chief Strategy and Business Officer of PRESPL, a bio-energy leader which has equity investors such as Shell, Mitsui, SBI Neev and responsibility on its board. He has also co-founded CBEII, a leading bio-energy industry body apart from being on the board of a NBFC and other group companies. He has been a career finance professional after his PGDBA in Finance from the 2002 batch and has worked in Corporate and Investment Banking of several banks including BNP Paribas, Societe Generale, HDFC Bank, etc. managing complex transactions including acquisition finance, asset finance, etc.

Chandan Goswami (Batch –  2002)
Designation – Chief Strategy and Business Officer Company – PRESPL

over 15 years. He later transitioned into corporate finance with the Shapoorji Pallonji group where he headed Treasury and corporate finance for Sterling and Wilson group of companies also during the IPO of Sterling & Wilson Solar. He has tried his stint with entrepreneurship as well before joining the core team of PRESPL which has grown exponentially in this sunrise sector. At PRESPL, Chandan leads business development and also the strategy function which involves leading the company’s foray into newer applications of biomass-bioenergy but also bringing process efficiency in its current operations. His background of finance also makes him involved in taking care of the finance function of the company including equity and debt rounds thereby having a role to play in the overall management of the company and delivering value to its shareholders.

Notable Alumni-Amit Mankekar

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Amit Mankekar is the Founder and Director of Consulting Planet Inc., in Calgary, Alberta, Canada. A dynamic entrepreneur, in his current position as CEO of Consulting Planet Inc., he manages programs for clients across countries like Canada, India, Costa Rica, the Philippines, and Chile.

Amit Mankekar has a total of 25 years’ experience across 5 different organisations, 3 continents, and several verticals like Automobiles, Financial Services, Oil & Gas, Mining, and Information Technology.

Amit Mankekar ( Batch – 2001 )
Designation – CEO Founder & Director
Company – Consulting Planet Inc

In his previous role, he served as Practice Area Leader for ServiceNow in IBM Canada and Delivery Executive in IBM Canada. During his tenure there, he was awarded the Best of IBM award.
Amit Mankekar is a Gold Medallist of IBS Mumbai-Batch of 2001.He is fluent in several languages like English, French, Spanish, Hindi, Marathi, Urdu, Konkani, and also Sanskrit.

Notable Alumni- Kavan Mukhtyar

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Partner – Management consulting, & amp; National Automotive sector leader PricewaterhouseCoopers (PwC) India. Over the last 25 years+ Kavan has advised clients in the Automotive sector on aspects of strategy & operations excellence. As a Partner in PwC Management consulting he has led engagements across strategy development, cost optimisation, operations excellence and digital transformation. He has also helped clients with challenges related to organisation structure, leadership, technology roadmap development.

Kavan Mukhtyar ( Batch – 1997 )
Designation – Partner
Company – PWC

His recent work has been in the area of electric mobility. Kavan has been actively involved in working with various Automotive industry associations and the Government of India to provide inputs for the development of enabling Automotive policy environment in the country.

Kavan speaks extensively at Automotive industry events, roundtables and actively contribute articles on the trends in the Indian Automotive industry. He was part of the first batch of graduates from ICFAI Business school based in Mumbai and joined Frost & Sullivan in 1997. Over the next 19 years he played various roles within the organisation leading up to being a Senior Partner and Leader at Frost & Sullivan Asia-pacific leadership team. Kavan had the opportunity to live and work across the Asia Pacific region with significant stints in Malaysia, Singapore and SE Asia. Kavan joined PwC India in 2015. Over the last 7 years he has led the firm in establishing PwC as a leading advisory services firm in the Automotive sector. He enjoys working on highly complex transformation engagements serving clients across the Automotive OEM, and component industry in India. Prior to joining IBS, he obtained an Engineering degree from University of Bombay. To enhance his knowledge in field of supply chain he studied to be a ‘Certified Supply Chain Professional’ from APICS USA. The CFA-MBA from ICFAI Business school helped Kavan gain strong understanding of business fundamentals. It also gave him the opportunity to learn and network with other students to imbibe a ‘can do’ attitude and an entrepreneurial spirit. The resilience built at IBS has been one of the bedrocks of his professional success over the years

Placement Scenario at IBS- Gurgaon (Class of 2023)  

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Campus placements can be probably the most exciting and great experience at B- Schools. Placements are the gateway to enter dream company with dream profiles. This is the time that decides how students will move forward in their career. Will the students get a good profile? Will the dream company be part of the MBA campus placement drive? Are they ready to face corporate world? These are the questions which revolves around B- schools and students also do ask these questions to themselves.

For class of 2023, IBS started campus placements from October 2022 and before opening doors for corporates, we prepared students towards campus placement processes. Students cleared certifications in Credit management, Valuation and consulting, Banking, Digital marketing, Taxation, Sales and marketing, Power Bi, SQL etc. 

At IBS we follow a system where different sectors are invited for campus placement. Sectors like Consulting, Financial Services, IT/ITES, Banking, Retail, E-commerce, Media etc. are part of campus placement process. Every year we witness Increase in CTC with quality profiles and more number of Blue chip, MNC companies from diverse sectors hiring bulk candidates based on previous student’s past performances. Top sectors in Placement 2023 were Consulting, IT/Analytics, E-Commerce, Finance etc. Top roles offered include in the areas of Consulting, Finance, Analytics, Research, Product Management, Logistics, Supply Chain etc.

30-35% of our students were absorbed in consulting followed by IT/ITES. At IBS Gurgaon for class of 2023, we had more than 200 companies for 460 students with average CTC of 7.6 LPA. Some of the companies who hired are KPMG, PWC, Bain & Co, Cognizant, Deloitte, Gartner, CITI, HCL, Blackrock, CBRE, Cushman & Wakefield, VE Commercials, Evalue-serve, EY India, RSPL, Moody’s, Radio City, O2 Power, Go-MMT, Aditya Birla, Sony India, OPPO, Tata Capital, Bajaj Housing etc.

We work hard towards preparing students for campus placements and because of that we place close to 98% student’s year on year.

Notable Alumni- Shaveta Kapoor

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Women belong in all places where decisions are being made. It shouldn’t be that women are the exception. One of our alum also proved to the world that she is incredibly capable of achieving heights in her life. Nothing makes us prouder than being able to share her success story.

Mrs. Shaveta joined dunnhumby as a graduate analyst in 2009 after completing her MBA from ICFAI Gurgaon. She is a seasoned data science professional with rich experience in leveraging data-driven insights and data science at scale to drive transformation and deliver Business impact across multiple clients globally over years.

Shaveta Kapoor
IBS Gurgaon (2007-09)
Global Applied data science Head of Media Products dunnhumby

She is one of the fastest grown data science leaders and a business transformation champion within Dunnhumby. She has a proven track record of setting up and scaling data science solutions and teams across developed and emerging markets.

She leads the Media Analytics hub of 140+ data scientists within dunnhumby which is responsible for continuously delivering media science to our clients along with developing new solutions, embedded with the latest data, analytics, and AI in order to drive innovation for our clients globally. She is passionate about solving complex business problems at the intersection of data, technology, and people leveraging a growth mindset and multi-disciplinary teams. Shaveta has the rare skill of being able to lead transformation whilst keeping a team inspired and shows great determination to improve herself, her team, and the business.

A Kidney transplant survivor herself, a working mom of a 10-year-old, and a parental blogger, Shaveta has a wealth of knowledge that she shares with family, friends, and colleagues to ensure they achieve success. Leading by example, Shaveta takes tough challenges unflinchingly and is an inspiration to all those around her. Shaveta is a firm supporter of Diversity and Inclusion (D&I) and co-leads the D&I bold goal for dunnhumby India. Shaveta has been leading one of the much-anticipated initiatives – dunnhumby’s “Back to her future” women returners program. She has been actively involved across various diversity forums to raise awareness within dunnhumby. She has been recognized in the industry over time for her contribution – Winner of Women in AI Leadership at Rising 2022, Finalist for Women Tech Leader of 2021 by Techgig. Member of Achievers Club at dunnhumby 2022.

Notable Alumni- Neha Kulwal

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Since 1984, our MBA alumni have been making an impact on Business and society and it gives us immense pleasure to share their success story.

The managing director of APAC, Ms. Neha Kulwal, attended IBS Gurgaon from 2008 to 2010. She started her work as an assistant manager at “Compare Infobase” after earning her MBA, where she tried her hand at digital marketing and delved into the realm of SEO. In order to advance, she joined Optimise Media Group. Within a short time, she was able to advance to the position of associate director. She served as Admitad’s Country Manager starting in 2015 and was most recently elevated to the position of Managing Director for the APAC area.

Neha Kulwal ICFAI Business School (2008-10)
Managing Director APAC and India Admitad

She is an active member of the Affiliate Committee of IAMAI where they take some key decisions regarding the industry’s uplift and also has been a regular speaker at various platforms like Global Mobile App Summit and Awards, India affiliate summit, Ad tech, India affiliate conference & New York affiliate summit. BW Marketing honoured Neha Kulwal with the prestigious award of “40 under 40” leaders. Not just that, she has been recognized as the “Superwoman 2022” by Social Samosa, CMO Asia with ‘the 50 Most Influential Digital Marketing Leaders’ award, and the 4th World Women Leadership Congress felicitated her with the ‘Outstanding Women Entrepreneurship Award’ in 2017. Also, she has received the ‘Professional & Business Services Industry Award’ from the prestigious Asia Pacific Entrepreneurship Awards 2017 India.

Notable Alumni- Sumesh Khatua

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Our students go on to do much more than just earn money – they change world. So, here we present the success story of one of those alumni Mr. Sumesh Khatua. Mr. Sumesh earned his MBA in HR & Marketing from IBS in 2005 and presently doing Post Graduate Certificate in “Human Capital Leadership” from XLRI, Jamshedpur. L&D Strategy Architect with 16 years of experience in the implementation of measurable learning and development solutions to optimise business operations and take advantage of opportunities for organisational growth; responsible for the management of learning and development for about 10,000 professionals.

Sumesh Khatua
IBS Gurgaon (2003-05)
Director KPMG Global Services (KGS)

He presently serves as a Director for KPMG Global Services’ Learning and Development team, where he oversees a group of 10 accomplished individuals that build specialised learning journeys to meet the wide range of learning and development needs. He is the winner of the prestigious “Brandon Hall” award in 2021 for “Best Unique/Innovative Leadership Development Program,” 2020 for “Best Advancement in Competencies and Skill Development,” and 2018 for “Best Use of Mobile Learning,” people development solutions have received recognition around the world (Best use of Performance support). In order to influence executives’ demonstrable behavioural change, he is a Marshall Goldsmith Stakeholder Centred Coaching credentialed “Executive Coach.”

He has gained knowledge from all of his experiences, and each assignment has improved him as a professional in learning and development. He sees Infosys as the place where he has gained knowledge of the effects “L&D” as a function may have on the business and honed his designing skills. Also Mr. Sumesh has spent almost ten years at Deloitte, which was also where he made his entry into the “Professional Services” industry and had the chance to collaborate with experts from other nations and gain an appreciation for the value of flawless execution and participant experience. One of his proudest professional achievements was managing a team that received recognition both inside and externally. He had a chance to be at the forefront of the decision-making process, all because of his recent excursion into “KPMG Global Services.”

Notable Alumni- Ms. Priyanka Sarkar Deb

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Alumni are the best brand ambassadors for any educational institution. One of the measures of the success of an educational institution is the success of its alumni and IBS has one of the largest and strongest alumni networks. So, here is the success story of one of those Alumni. Ms. Priyanka Sarkar Deb is a highly knowledgeable, hands-on, and very hardworking person. She Knows her way around the challenges. She is an expert in handling people matters in strategic situations as well as in core HR subjects. As an HR generalist, she has managed varied employee groups for a span of 2000 employees across locations within India associated with the field of Information, Communication and Technology – the new ICT industry, BPO, and Financial industry.

Ms. Priyanka Sarkar Deb
IBS Gurgaon (2003-05)
Head of Operations and People Transformation, Service Delivery Ericsson Digital services

Ms. Priyanka has done her PGPM from ICFAI Business School in 2003-2005, She is currently working in Ericsson and leading transformation projects for a 7000+ digital services unit that spans across India, China, and European countries. The role she performs demands a unique mix of covering the dual dimensions of Operations as well as People transformation. The operations area includes a focus on areas of operational hygiene, cost leadership, and workforce management edging it further with digitalization and automation.

In addition to her professional responsibilities, she is mentoring 3 professionals from the industry and is an active social contributor with a registered NGO. She has also worked with IBM, and Indiabulls and has ventured into many dimensions of HR, operations, strategy development, and transformation.

Notable Alumni

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Nothing makes us prouder than being able to talk about the success of our alumni who has made significant contributions in their fields, ICFAI students have a history of achieving their dreams and pushing their limit. So, here we present the success story of one of those alumni Mr. Ayush Bansal. He is a new-age entrepreneur who is proactive, intelligent, enthusiastic, and full of energy passion he has done his PGPM from ICFAI Business School in 2009-2011, He is currently the Founder and CEO of iDreamCareer. At the age of 17, he helped a student of facing the challenge for choosing the right career path and guided a domestic helper too to get back to education.

Ayush Bansal
IBS Gurgaon (2009-11)
Founder and CEO
iDreamCareer.com

. Later at the age of 22, he made the decision to leave his well-paying position in investment banking and launch iDreamCareer, along with that, he was also a part of many social organizations like Aasman Organisation, Medhavi organization. The US state government chose Ayush as one of India’s top ten entrepreneurs, and he was also invited to the GES 2016, which was hosted by US President Barack Obama. iDreamCareer was recently selected as World’s top 200 EdTech companies by Arizona State University & GSV Venture for the GSV Cup 2020 & also as South Asia’s top 100 EdTech companies by Holon IQ. Ayush often contributes to media outlets and speaks at international conferences. As one of India’s top 40 leaders in the education sector, he was recently named to the Business World Education 40 under 40 2020 list.

He has worked as a full-time entrepreneur for the last 10 years and has spent the last 11 years in the field of career counselling. He has successfully guided iDream Career to become India’s most well-known social company for career guidance, inspiring around 2.5 Crore+ students each year.

THE EVOLUTION OF GENDER EQUALITY

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To some extent, women have been deprived of opportunities once in a lifetime because of their gender. India’s history of women struggling for equality is not a novel concept. Basic rights like education and freedom to choose a specific life for themselves were big things to ask back then. Due to inequalities in income, most families always ended up being middle class or in the lower middle-class bands.

Later, people realized the inequality and conservatism created in the name of values and started questioning. Social standards and traditions never worked in a women’s favor anyway. Gradually, this belief changed, and women asking for equal rights in society. We are already halfway, but a long journey is yet to be covered. The families were hesitant to accept a ‘working woman’ because, you know, she ‘may not look after the family’. What an anomaly it was at that time. With the increased awareness, I feel most of the current generation is lucky enough, as they are free to obtain any degree of their choice, and choose any field to work as well. We are independent and even ventured out on our own, in different fields.

But then again, the challenges never end now more than ever, it has become so easy to compare ourselves to people on entirely different paths. ⁠We compare ourselves to people who have been building their careers and finances much longer than we have. We compare ourselves to people who had financial support from their families when we didn’t. We compare ourselves to people whose lives seem alluring when they may be in debt trying to afford their lifestyle. ⁠

Nowadays, women are gradually making their leadership presence felt in entrepreneurship, administration, education, engineering, health, etc. at regional, national, and global levels. Women are now breaking the traditional glass ceiling that barred them from entering leadership positions even if they possessed the requisite skills and talent to occupy them. Women are constantly evolving and reaching new milestones across a wide spectrum of human activities in modern times. They function as a role model for their subordinates. They inspire their team and spend a lot of time coaching their team. They care a lot about their personal development. Women leaders emphasize teamwork, collaborate well, and are multi-taskers who are thriving to balance the home and work efficiently. Their authentic communication act as a key to success. For most women leaders, leadership is not meant only for accomplishing organizational goals but for transforming their people into better and improved individuals. Any institution, whether it is society or organization, in the present century cannot function effectively without women’s equal participation in leadership activities. Women bring a whole new perspective emphasizing overall growth.

In today’s world, organizations that are led by leadership teams make effective decisions that deliver better results. In the twenty-first century, the essential qualities required to lead include the ability to collaborate, connect, empathize and communicate. Many statistics show that companies led by women have better financial results. Leadership by women is vital to increase the pace of societal transformation at home and in the workplace. Women leaders are likely to provide an integrated view of work and family, resulting in an engaged and promising personal and professional future. Gender parity in leadership is important because true progress cannot happen without a diversity of perspectives in leadership roles.

However, to bring equality environmental support and guidance are extremely vital. I am fortunate enough to find the required push in IBS Gurgaon, everyone here believes in equivalent opportunities irrespective of their gender. Professors here, give equal opportunities to all and educate them to grow. As even today too many women continue to experience environments where their achievements and voices are not recognized or heard. Proudly, IBS pays special attention to how women learn while placing that learning within the overall co-educational context on the campus. They offer a stimulating, active, and academic environment and a home to all students. The environment here is warm, friendly, and inclusive. The College has shaped outstanding, independent-minded women across different careers. Our alumni also support each other and the young women just starting in their careers. IBS has female workers, receptionists, and staff which certainly shows they not only preach but also aim to give equal career and educational opportunities to all. Most importantly, it is essential to give safe working space to women. All measures are carefully taken to make the environment friendly, safe, and secure. This way, no woman will ever feel unheard or unappreciated in any field, and will continue to grow. A woman has always been capable to lead and excel in the desired field and with appropriate provision, the sky will always be the limit. IBS not only strengthens the core foundation of the individual but also makes them believe in the power of raising their voice against inequality.

AMISHA PARMAR

BATCH 2022-2024