Shailesh J. Mehta School of Management
Encyclopedia
Shailesh J. Mehta School of Management (popularly known as SJMSOM or simply SOM) is the school for management education and research in Indian Institute of Technology Bombay
Indian Institute of Technology Bombay
The Indian Institute of Technology Bombay , popularly known as IIT Bombay or IITB, is a public research university located in Powai, Mumbai...

. SJMSOM was established in 1995 to promote interdisciplinary learning while keeping up with a fast changing business environment with the objective of transforming professionals with technological backgrounds into the "Renaissance Leaders" of tomorrow. In the year 2000, the school was renamed to Shailesh J. Mehta School of Management, in honor of Dr. Shailesh J. Mehta, a distinguished alumnus of IIT Bombay and a contributor to the school. The current head of school is Prof Karuna Jain. Dr. Anand Patwardhan and Dr. Mangesh Korgaonkar, aka MGK preceded Prof. Jain as the directors of the school.

SJMSOM, being situated in a technological institute with a strong background in entrepreneurship, can draw on varied intellectual resources. This unique positioning of the school gives it access to technological resources, an incubation cell (SINE) and resources of varied interdisciplinary sciences (Industrial design, Humanities,IT etc.).

About the School

SJMSOM conducts education and research in leadership
Leadership
Leadership has been described as the “process of social influence in which one person can enlist the aid and support of others in the accomplishment of a common task". Other in-depth definitions of leadership have also emerged.-Theories:...

, economics
Economics
Economics is the social science that analyzes the production, distribution, and consumption of goods and services. The term economics comes from the Ancient Greek from + , hence "rules of the house"...

, marketing
Marketing
Marketing is the process used to determine what products or services may be of interest to customers, and the strategy to use in sales, communications and business development. It generates the strategy that underlies sales techniques, business communication, and business developments...

, entrepreneurship
Entrepreneurship
Entrepreneurship is the act of being an entrepreneur, which can be defined as "one who undertakes innovations, finance and business acumen in an effort to transform innovations into economic goods". This may result in new organizations or may be part of revitalizing mature organizations in response...

, organizational behavior, technology management
Technology Management
Technology Management is set of management disciplines that allows organizations to manage its technological fundamentals to create competitive advantage...

, operations
Business operations
Business operations are those ongoing recurring activities involved in the running of a business for the purpose of producing value for the stakeholders...

, strategy
Strategy
Strategy, a word of military origin, refers to a plan of action designed to achieve a particular goal. In military usage strategy is distinct from tactics, which are concerned with the conduct of an engagement, while strategy is concerned with how different engagements are linked...

 and other areas. The school offers a full-time degree course (Master of Management), doctoral course and Management Development Programs(MDP)for company representatives. The School offers short-term programs in various areas of management for the faculty of technical and management institutions during summer and winter seasons. These courses are usually sponsored by organizations such as AICTE, ISTE and DSIR.

Shailesh J. Mehta School of Management extends consulting facilities to organizations with a view to help address management issues. Both the faculty and students participate in these projects. Organizations for which the school carried out consultancy projects include: ICICI
Ičići
Icici is a small place located in the north-east part of Istria, Croatia . It is located under a mountain Učka, on the north part of the Adriatic Sea....

, The World Bank, Indian Oil Corporation
Indian Oil Corporation
Indian Oil Corporation Limited, or IndianOil, is an Indian state-owned oil and gas corporation with its headquarters are in Mumbai, India. It is India’s largest commercial enterprise, ranked 98th on the Fortune Global 500 list for 2011...

, Indian Tube Manufacturers Pvt Ltd, Geologistics India Ltd, Tata Auto Plastics, Pawan Hans Helicopters Ltd, Kirloskar Institute of Advanced Management Studies, ICRA, etc.The school also undertakes sponsored Research & Development projects from industrial and other organizations in various areas of Management and Policy-making.

To further the objective of strengthening and improving management education, the School also undertakes development of case material in areas such as - Financial Management
Managerial finance
Managerial finance is the branch of finance that concerns itself with the managerial significance of finance techniques. It is focused on assessment rather than technique....

, Business Planning, Marketing
Marketing
Marketing is the process used to determine what products or services may be of interest to customers, and the strategy to use in sales, communications and business development. It generates the strategy that underlies sales techniques, business communication, and business developments...

, ERP
Enterprise resource planning
Enterprise resource planning systems integrate internal and external management information across an entire organization, embracing finance/accounting, manufacturing, sales and service, customer relationship management, etc. ERP systems automate this activity with an integrated software application...

 Implementation, Project Management
Project management
Project management is the discipline of planning, organizing, securing, and managing resources to achieve specific goals. A project is a temporary endeavor with a defined beginning and end , undertaken to meet unique goals and objectives, typically to bring about beneficial change or added value...

, Manufacturing and Operations Management, Technology Assessment
Technology assessment
Technology assessment Technology assessment Technology assessment (TA, German Tenteractive, and communicative process that aims to contribute to the formation of public and political opinion on societal aspects of science and technology.- General description :...

, Technology Management
Technology Management
Technology Management is set of management disciplines that allows organizations to manage its technological fundamentals to create competitive advantage...

 etc.

Master of Management program

The School Of Management through its flagship Master of Management (M.Mgmt) program seeks to develop managers for an integrated understanding of all business functions.

One unique feature of the program is that apart from the regular courses on Finance, Accounting, Operations and HR, SJMSOM prepares for technology management with core courses like Technology Management. “Mission, Vision and Leadership”, an innovative course to hone leadership skills, provides the students the opportunity to work under the mentorship of distinguished Indian business leaders.

The two-year course is organized into eight terms. The students go through 20 core courses, a month long winter project(optional), two-month long summer project, live projects and a four-month long final project. In the second year of the course, a wide range of electives is offered and the students are free to take up any specialization or to take up a mix of courses for General Management.

Life at SJMSOM, IIT Bombay

IIT
Indian Institutes of Technology
The Indian Institutes of Technology are a group of autonomous engineering and technology-oriented institutes of higher education. The IITs are governed by the Institutes of Technology Act, 1961 which has declared them as “institutions of national importance”, and lays down their powers, duties,...

 is renowned for producing leaders in all spheres of activity. The reputation of the IITs worldwide is well known.

Activities range from Asia’s biggest cultural festival Mood Indigo
Mood Indigo (culfest)
Mood Indigo, popularly known as MoodI or MI, is the annual cultural festival of the Indian Institute of Technology Bombay. It is a four-day long event held towards the end of December every year. It draws a footfall of about 75,000 students from more than 500 colleges from across the country...

, India’s second-biggest festival on technology Techfest to IIT’s General Championship. Also there are a number of clubs to pursue one’s interests. These include a wildlife club, a swim club, a trekking club and many more. Academic clubs for each stream of management are also established.

The life at SJMSOM is extremely hectic and demanding. The standards that are expected are extremely high and the academic requirements are stringent. The purpose of such a program is to provide a taste of the kind of life that can be expected by a manager in an actual work environment.

Avenues

Avenues is the annual International Business School Festival of the IIT Bombay. It is organized by students of Shailesh J. Mehta School of Management in the month of October. It features participants from around the globe.

Each year, Avenues revolves around a new theme and its various events are centered around it. Events recurring each year include Alankar- a leadership lecture series, Navonmesh- a business plan competition, Aswhamedh- a championship event, among others. New events are also introduced every year.

Avenues 11

Avenues 2011 is scheduled to be held from 14th to 16th October, 2011 with the theme "Crossing Chasms... realizing Dreams" which will culminate in exciting three days of the frenzied activities, stimulating debates and solemn contemplations by students, academia and industry.

Avenues 10

Avenues 2010 was held on 23 and 24 October 2010, with the theme: "Change Evolve Sustain". Prominent speakers at this event included Kamal Hassan- the filmmaker, Adi Godrej- eminent industrialist, Subrata Roy- Chairman of Sahara Group, S. Gurumurthy- reputed corporate advisor.

Avenues 09

Avenues 2009 was held on 31 October and 1 November 2009. Its theme was "People Planet Profit", based on the triple bottom line principle which adds sustainability to a firms profitability goals. Prominent speakers included M.Damodaran, former SEBI chief; Ajit Balakrishnan, founder and CEO of rediff.com, Rahul Bose, the actor, and many others. The event also saw participation from over 150 B-schools across India as well as leading corporate houses and working professionals

Avenues 08

Avenues 2008 was held on 18 and 19 October 2008. It featured the speakers Rakesh Jhunjhunwala
Rakesh Jhunjhunwala
Rakesh Jhunjhunwala is an Indian Chartered Accountant by qualification but an investor / trader by profession. In 2010, Forbes rated him India's 51st and the world's #1062 richest man with wealth of billion. He is a famous equity investor in India and manages his own portfolio as a partner in his...

, Shivathanu Pillai and A N Roy as a part of the Alankar lecture series.

Avenues 07

Avenues 07 was held on 27 and 28 October 2007, as a part of the Golden Jubilee celebrations of IIT Bombay with the theme - “The Emperors of India” and how they are applied today’s management principles in their day to day rule to bring prosperity to the masses. This was the first time Avenues featured international teams.

Avenues 06

Avenues 2006 was conducted on 28 and 29 October 2006 with the theme ‘Winning Matters’. The games spanned across different management functions, and were modeled on real life scenarios.

RPG Enterprises
RPG Enterprises
RPG Enterprises is a conglomerates in India.- Subdivisions :RPG Enterprises comprises more than twenty companies in the areas of Power, Transmission, Technology, Retail and Entertainment. Some of the companies it holds are CEAT Tyres, KEC International, Zensar Technologies and RPG Life Sciences...

 was the title sponsor with host of other associate sponsors like Infosys
Infosys
Infosys Limited, formerly Infosys Technologies Limited is a global technology services company headquartered in Bangalore, India. It is the second largest IT exporter in India with 133,560 employees as of March 2011. It has offices in 33 countries and development centers in India, China,...

, Wizarth Advisors, Mahindra and Mahindra, Raymonds
Raymond Group
Incorporated in 1925, Raymond Group is one of India's largest branded fabric and fashion retailers. It is one of the leading, integrated producers of worsted suiting fabric in the world, with a capacity of producing 31 million meters of wool & wool-blended fabrics.The Group owns apparel brands...

, NEN and Piramal Enterprises. Zee Business
Zee Business
Zee Business is one of the fastest growing Hindi business news channel in India based in Mumbai. The channel has redefined business news, by its innovative programming and path-breaking strategy of making business news a 24/7 activity and not just limited to the stock market...

, DNA
DNA
Deoxyribonucleic acid is a nucleic acid that contains the genetic instructions used in the development and functioning of all known living organisms . The DNA segments that carry this genetic information are called genes, but other DNA sequences have structural purposes, or are involved in...

, Loksatta, Pagalguy.com and Radio One
Radio One
Radio One, Inc is a U.S. company which owns and operates 69 radio stations in 22 American cities. The company is headed by Cathy Hughes, Chairman and her son Alfred Liggins, CEO. The company's target listeners are African Americans in urban areas...

 were the media partners.

Clubs

Prominent clubs are Marktrix (Marketing), Opera (Operations), Systematics (IT/Systems), Finesse (Finance) and Consig (Consulting). These cater to marketing, operations, systems and finance buffs respectively.

Continuum

Continuum is the rolling seminar series at the school that covers the latest management trends and brings together leading personalities of the corporate and academic world on a single platform. The seminars focus on the issues and challenges faced by a particular business function with insights from the knowledge and the experience of the participating speakers. The Continuums are held in five fields: Systems, Finance, Human Resources, Marketing and Operations.

L!VE

L!VE is the school's e-magazine that was started in Jan ‘06 with the theme 'Management Redefined'. It was initially an “IT and Systematics” magazine with the punch line "IT on the Go", but it has gone on to encompass all aspects of management with articles spanning different management disciplines.

Dr. Shailesh J Mehta

Dr. Shailesh J Mehta, a distinguished alumnus of IIT Bombay and a venture capitalist based in US was the chairman of the board and the CEO of Providian Financial Corporation, a former Fortune 500 company. He has also served on the boards of Mastercard Inc., CIRRUS and many other organizations. He was appointed by Governor of California to the California State University Board of Trustees.

Kellogg Graduate School of Management

An MoU has been signed for Faculty Exchange Programme with the Kellogg Graduate School of Business
Kellogg School of Management
The Kellogg School of Management is the business school of Northwestern University in Evanston, Illinois, downtown Chicago, Illinois and Miami, Florida. Kellogg offers full-time, part-time, and executive programs, as well as partnering programs with schools in China, India, Hong Kong, Israel,...

, North Western University, USA.

Dongguk Business School

An MoU has been signed for Faculty and Student Exchange Programme (FSEP) with Dongguk Business School, Dongguk University
Dongguk University
Dongguk University is a private, coeducational university in South Korea. It operates campuses in Seoul, in Gyeongju City, North Gyeongsang province and in Los Angeles, United States...

, Seoul
Seoul
Seoul , officially the Seoul Special City, is the capital and largest metropolis of South Korea. A megacity with a population of over 10 million, it is the largest city proper in the OECD developed world...

, South Korea
South Korea
The Republic of Korea , , is a sovereign state in East Asia, located on the southern portion of the Korean Peninsula. It is neighbored by the People's Republic of China to the west, Japan to the east, North Korea to the north, and the East China Sea and Republic of China to the south...

.

University of Connecticut

An MoU has also been signed for an FSEP with The School of Business Administration of University of Connecticut
University of Connecticut
The admission rate to the University of Connecticut is about 50% and has been steadily decreasing, with about 28,000 prospective students applying for admission to the freshman class in recent years. Approximately 40,000 prospective students tour the main campus in Storrs annually...

.

Hoseo University

An MoU has been signed for an FSEP with the Graduate School of Venture, Hoseo University
Hoseo University
Hoseo University is a private Christian university in South Korea. The main campus is located in 165, Sechul-ri, Baebang-myeon, Asan, Chungcheongnam-do. Another campus is located in Cheonan, Chungcheongnam-do. The name, Hoseo, is the regional name for the province .- History :Hoseo University was...

, South Korea
South Korea
The Republic of Korea , , is a sovereign state in East Asia, located on the southern portion of the Korean Peninsula. It is neighbored by the People's Republic of China to the west, Japan to the east, North Korea to the north, and the East China Sea and Republic of China to the south...

.

BaaN Institute

University Synergy Programme with BaaN Institute to Collaborate in developing programmes in Enterprise Resource Planning (ERP). BaaN software is made available through an Enterprise Applications Laboratory for teaching and research.

Industry Linkages

The School enjoys the generous support of a number of leading industries and organizations including Ministry of Human Resource and Development (Government of India
Government of India
The Government of India, officially known as the Union Government, and also known as the Central Government, was established by the Constitution of India, and is the governing authority of the union of 28 states and seven union territories, collectively called the Republic of India...

), ICICI
Ičići
Icici is a small place located in the north-east part of Istria, Croatia . It is located under a mountain Učka, on the north part of the Adriatic Sea....

, Hindustan Lever Ltd, Hindi Vidya Bhavan and Larsen & Toubro Limited
Larsen & Toubro
Larsen & Toubro Limited is an Indian multinational conglomerate company headquartered in Mumbai, India. The company has four main business sectors: technology, engineering, construction and manufacturing. L&T has an international presence, with a global spread of offices and factories, further...

. Hindustan Lever Limited and Hindi Vidya Bhavan also provides a number of scholarships to students for excellence in academics every year. Apart from this there are a few merit-based scholarships from the Shailesh J Mehta Endowment Fund.

The School also interacts extensively with various departments and agencies of the Government of India like Planning Commission, Department of Electronics, Department of Science and Technology, CII and the Ministry of Environment & Forests.

A Memorandum of Understanding has been signed with Department of Scientific and Industrial Research, Government of India for collaboration in the field of Technology Management.

Media coverage


External links

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