ACADEMIC YEAR 2018-19

Third Annual Economics Conference

The Third Annual Economics Conference organised by SAMSOE in collaboration with The Indian Econometric Society was held on 09th March 2019. The keynote speech on ‘Emerging Fiscal Policy Issues in India' was delivered by Dr. N. R. Bhanumurthy, Professor, NIPFP. The conference talk on the subject ‘15th Finance Commission: Implications for Centre-State Relations’ was delivered by Dr. J. Dennis Rajakumar, Director EPWRF.

Mr. Hersch Sahay – Assistant Professor from SAMSOE and Mr. Prashant Parab – Ph.D. candidate from IGIDR won the best paper award along with a cash prize of Rupees 7,000/- individually at the conference. Mr. Yash Shah - 2nd year M.Sc. student from SAMSOE and Ms. Payal Singhania - student from Gokhale Institute of Politics and Economics won the best paper award along with a cash prize of Rupees 5,000/- individually at the Research Colloquium.

Picture Gallery

International Visitors

Date	Course	Topic	Guest
06-02-2019	Economics of Geopolitics and International Relations	"The Role of the IMF in the World Economy"	Dr Ulhas Gunjal IMF as a Senior Economist
02-02-2019	Creative Writing	"Travel Writing"	Dr Rochelle Almeida Post-Colonial literary specialist, is a Professor of South Asian Studies in the Global Liberal Studies Program at New York University.
01-11-2018	Principles of Management	"Professional Ethics and Fraud"	Ms. Ambika Solanki, Senior Teacher Fellow at Birmingham City University
21-08-2018	Development Economics	"Economic Analysis of Poverty and Inequality."	Dr. Gurleen Popli Lecturer at The University of Sheffield

Guest Lectures by Experts

SAMSOE has pioneered a unique model of having 5% of the lectures of all core subjects conducted by industry experts in the subject. This year has begun with the following renowned professionals conducting lectures and giving students a chance to interact with them and see for themselves how the theory taught in class blends with the practical.

Date	Course	Topic	Guest
19-02-2019	International Business	"The Marketing of Finance & The Finance of Marketing"	Mr. Bhavin Shah Director Latin Manharlal
06-02-2019	Economics of Geopolitics and International Relations	"The Role of the IMF in the World Economy"	Dr Ulhas Gunjal IMF as a Senior Economist
22-01-2019	Law	The Supreme Court of India delivers judgments on vital constitutional questions and plays a vital role in sustaining India's constitutional democracy	Mr Satya Prasoon, Research Associate, The Centre for Law and Policy Research Bengaluru
01-11-2018	Principles of Management	"Professional Ethics and Fraud"	Ms. Ambika Solanki, Senior Teacher Fellow at Birmingham City University
29-10-2018	Theories of Growth and Development	"Growth and Development: What have we learned from Longitudinal Studies"	Dr. Sarthak Gaurav, Assistant Professor IIT Bombay
29-10-2018	Game Theory	"Games of Incomplete Information"	Dr. Sarthak Gaurav, Assistant Professor IIT Bombay
22-10-2018	International Economics - II	"Performance of the Indian Rupee and the Current Global Dynamics"	Ms Pankhuri Tandon Junior Economist at CRISIL
11-10-2018	Behavioural Psychology	"Human Development"	Ms Pratishtha Trivedi Mirza Clinical Psychology
29-09-2018	Money Banking and Financial Institutions	"Management of Commercial Banks"	Mr. S. Narayanan Consulting Editor – Special Projects, The Free Press Journal
22-09-2018	Corporate Finance	"Investment Banking"	Ms. Saloni Jain Vice President at Avendus Capital
22-09-2018	Effective Communication	"Group Discussions and Personal Interviews"	Mr. Abhimanyu Asija, Chief Executive Officer
19-09-2018	Marketing Management	"Modern Marketing Concepts in Indian Printing Industry"	Ms Poojaa Jadhav Founder & Chief Trainer, The Hexis Consulting
12-09-2018	Economics of Environment and Sustainable Development	"Consumer response to energy efficiency policy in India: Discrete Choice and Hedonic Pricing Method"	Dr. Manisha Jain Visiting Assistant Professor, IGIDR

Pedagogy

Movies / Documentaries

Date	Video	Course
March 2019	1) Life ` 2) Wait 3) Hunger 4) Cyber bullying 5) Pencilmation 6) Friendship through math equation 7) Superstitions 8) Stress and Depression 9) Stop Smoking& save a child etc. 10) Short films made by students highlighting problems in the country.	Creative Writing
March 2019	Guru-Hindi Movie-Life Story of Shri Dhirubhai Ambani explaining the Innovative Business Strategies he formulated and Implemented to Build the Reliance Empire.	Business Strategy
February 2019	The Last Days Of Lehman Brothers	Corporate Finance
February 2019	The Last Days Of Lehman Brothers	Corporate Finance
February 2019	Too-big-to-fail	Intermediate Macroeconomics
February 2019	Syriana	Economics of Geopolitics and International Relations
January 2019	"Inequality for All" (2013)	Economic Governance and Policies
January 2019	Bitter Rivals Part I & II	Economics of Geopolitics and International Relations
January 2019	Invictus Coach Carter	Leadership Training
December 2018	Moot Court Video Court Proceedings	Law
December 2018	No Man's Land (some parts)	English Literature
September 2018	Glengarry Glen Ross English Movie related to Marketing and Sales.	Marketing Management
September 2018	The shutter Island	Logic
September 2018	Clip from American Sniper	Behavioural Psychology
September 2018	The Prestige	Logic
August 2018	Clip from A Beautiful Mind	Behavioural Psychology
August 2018	Shutter Island	Logic
August 2018	Shutter Island	Logic
July 2018	Guns, Germs and Steel – Part 2	Development Experience of Major Economies of the World

Video Clips screened for T.Y.B. Sc.

Date	Video	Course
March 2019	Video on Blue Ocean Strategy with practical examples.	Business Strategy
February 2019	Nobel Lecture by Prof. Richard Thaler	Behavioural Economics
January 2019	GOOG vs. GOOGL shares	Economic Governance and Policies
January 2019	1) Video Lecture by Prof: Michael Porter of Harvard Business School on Competitive Strategies-Part-1 2) Video Lecture by Prof: Michael Porter of Harvard Business School on Competitive Strategies-Part-2	Business Strategy
December 2018	1) Mahindra & Mahindra Group-History & Growth Strategies and Diversification. 2) NDTV’s Business Leader of the Year-Award Function-Mr. Anand Mahindra-CMD of Mahindra & Mahindra Ltd. 3) Hindustan Unilever Ltd- 3 Manufacturing Units at Sylvassa and Processes of Manufacturing, Packing and Supply Chain Management. 4) Mr. Sanjiv Mehta (CMD) of HUL-Video Lecture on How Technology is used to increase the Efficiency and Productivity in HUL. Strategies used for Growth	Business Strategy
July 2018	Video Lecture by Dr.Philip Kotler on Mantra of Marketing. Video Lecture by Steve Jobs of Apple on Best Marketing Strategy-Think Different. Video Lecture by Steve Jobs of Apple.	Marketing Management

Case Studies

Case Studies are used extensively as part of the curriculum at SAMSOE. Some of the case studies used are listed below.
Cases used for T.Y.B. Sc. Economics

Date	Case study used	Name of the Course
February 2019	XYLYS: Exploring Consumer Perception about Premium Watches in the Indian Context IMB 349	Behavioural Economics
February 2019	1) Turn Around Trauma- 2) Survival Stakes 3) The Case of Strategic Acquisition- 4) The Case of Hysterical IT Company	Business Strategy
January 2019	1) Environmental Threat and Opportunity Profiles as under: a) ETOP of HUL b) ETOP of Patanjali c) ETOP of Dabur d) ETOP of ITC 2) The Case of Niche Bike 3) The Case of Strategy Planning	Business Strategy
December 2018	1) Case Study- "Strategic Moves by the Mahindra Group”-Presented by Groups 1 & 2 on 12-12-2018 2) Case Study: "Managing Hindustan Unilever Ltd Strategically”-Presented by Groups 3 & 4 on 17-12-2018.	Business Strategy
September 2018	Friendly Cards (HBS case study)	Corporate Finance
August 2018	1) Frooti’s Innovative Campaign-Presented/Discussed by Groups 1 & 2 on 01-08-2018 2) Coca Cola-Presented/Discussed by Groups 3 & 4 on 06-08-2018. 3) Buying Behavior of Women & Men-Open Discussion in the class by all students on 08-08-2018. 4) Burnol-Presented/Discussed in the class by Groups 1 & 2 on 27-08-2018. 5) Haldiram’s Getting the Four Ps Right-Presented and Discussed by Groups 3 & 4 on 29-08-2018.	Marketing Management
August 2018	1) Case Study of Ganga Action Plan 2) Case Study of Solid Waste Management in Eldoret Municipality 3) Case Study of Klang Valley 4) Case Study of Demand for Air Quality in Boston, USA 5) Case Study of Keoladeo National Park: Valuing Tourism 6) Case Study of Valuation of Haze Management: Jiangsu Province, China	Economics of Environment and Sustainable Development
July 2018	1. Eastern Bank -Presented/Discussed in the class by the students 2. On 18-07-2018. 3. Super Asia Pipes Private Ltd.-Presented/Discussed in the class by students on 23-07-2018. 4. Marketing of Milk-Amul- Presented/Discussed in the class by Groups 1 & 2 on 25-07-2018. 5. Fair & Lovely-Creating Demand-Presented/Discussed in the class by Groups 3 & 4 on 30-07-2018.	Marketing Management

Cases used for S.Y.B. Sc. Economics

Date	Case study used	Name of the Course
March 2019	1) Fourteenth Finance Commission 2) The Quest for Sustainable Transit Funding: Sequel 1 (HBS Case study) 3) Tax and Subsidy Reforms in Pakistan	Public Finance and Policy
March 2019	1) Case of CMIM 2) Case of Transfer Pricing in South Africa 3) Case of Secrecy Index	Economics of Geopolitics and International Relations
February 2019	February 2019 1) Case of OBOR and AIIB 2) Case of China: Tiananmen Square 3) Case of Great Game in Afghanistan	Economics of Geopolitics and International Relations
February 2019	1) Delhi Metro: Cost-Benefit Analysis 2) Case of Lucknow Metro 3) Case of Rhastriya Swathsya Beema Yojna 4) Case of TANF in US 5) Case of Earned Income Tax Credit in US	Public Finance and Policy
January 2019	Ratio analysis of Colgate Pamolive India Ltd	Analysis of Financial Statement
January 2019	IIM Ahmedabad Case Series Book by Prof. Manikutty	English Literature
January 2019	1) Conflict in South China Sea 2) Case Study of Iran US Nuclear Deal 3) India-ASEAN FTA: Case study on Coffee, Pepper, and Tea 4) Case of Finland Financial Crisis 5) Case of Bahrain Conflict 6) Case of Syian and Yemen Conflict 7) Case of Inter-country and Intra- Country Trade in Canada 8) Public Radio goes BeggingJharkhand	Economics of Geopolitics and International Relations
December 2018	Case of Election of Independent Candidate Madhu Koda in Jharkhand	Public Finance and Policy
December 2018	1) Cash flow statement 2) Events occurring after balance sheet date. 3) Inventory Valuation	Analysis of Financial Statement
September 2018	Basel III – An evaluation of new banking regulations (HBS Case study)	Money Banking and Financial Institutions
September 2018	Balance sheet and Profit and loss account	Managerial Accounts
September 2018	Decision making ( export pricing , Make or by, shut down point, evaluating various alternatives )	Managerial Accounts
September 2018	Protecting Foreign Investors (HBS case study)	International Economics
August 2018	Balance sheet and Profit and loss account	Managerial Accounts
August 2018	1) The Case of Anna 2) The Case of Little Hans	Behavioral Psychology
July 2018	Working Capital management	Managerial Accounts

Cases used for F.Y.B. Sc. Economics

Date	Case study used	Name of the Course
February 2019	The Financial Crisis of 2008 9-709-036	Intermediate Macroeconomics
January 2019	Harvey vs. Facie - Lalman Shukla Vs. Gauridutt - Mrs. Carill Vs. Carbolic Smoke Balls - Mohiri Begum Vs. Dharamdas Ghosh	Law
August 2018	1) Case Study of New Methodology to estimate National Income 2) Case study of Automated Teller Machines: Post Demonetization in India 3) Case Study of Divergence in CPI and WPI 4) Case of Housing Price Index in India	Principles of Macroeconomics
August 2018	Case on elasticity of Demand	Principles of Microeconomics

Cases used for S.Y.M. Sc. Economics

Date	Case study used	Name of the Course
March 2019	Stock or Cash? The Trade-offs for Buyers and Sellers in Mergers and Acquisitions, Rappaport and Sirower , HBR, 1999	Corporate Finance
January 2019	1) Kae Capital- VC Firm’s investment strategy and investment portfolio 2) Porter’s Five Forces Analysis of Apple Inc.	Corporate Finance
December 2018	Should Dual-Class Shares Be Banned? – Harvard Business Review	Corporate Finance

Cases used for F.Y.M. Sc. Economics

Date	Case study used	Name of the Course
September 2018	The Great Recession, 2007 – 2010 : Causes and Consequences (HBS case study)	Macroeconomics Theory – I

Class Activities / Games & Experiments (Other Pedagogy)

Date	Case study used	Pedagogical tools	Year
March 2019	Financial Economics	1) CAPM and Indian Equity Markets Yes Bank Saga- What CAPM can or can’t explain using live data 2) Single Index Model using excel 3) Discuss on Indian Bankruptcy Code – current status and road ahead	S.Y. B.Sc.
March 2019	Creative Writing	Discussion Short Movies Newspaper Editorials	F.Y. B.Sc.
February 2019	Creative Writing	1) Blog-reading 2) Vocabulary improvement 3) Idea Generation 4) Story writing 5) Presentation/ Role play 6) Writing what they love 7) Sharing creativity through poetry and lyrics	F.Y. B.Sc.
January 2019	Leadership Training	Group Discussion	S.Y. B.Sc.
January 2019	Motivational Training	Research paper shared to be discussed	S.Y. B.Sc.
January 2019	English Literature	Socratic discussion model & news reports	S.Y. B.Sc.
January 2019	Public Finance and Policy	Public Good Experiment	S.Y. B.Sc.
January 2019	Financial Economics	1) Panel discussions on corruption and equity risk premium, CSR and equity returns, Dual class of shares 2) Portfolio optimization using excel	S.Y. B.Sc.
January 2019	Operations Research	Various optimization techniques were also taught to class with MS Excel in order to learn the easy solving approach for long iterative processes.	T.Y. B.Sc.
January 2019	Advanced Econometrics	Spurious regressions and Cointegration using simulated data	T.Y. B.Sc.
December 2018	Creative Writing	Musical quiz and General Knowledge quiz was used as a tool to teach Creative Writing	F.Y. B. Sc.
December 2018	English Literature	Socratic Method, Poetry reading & discussion,	S.Y. B.Sc.
December 2018	Advanced Econometrics	Simulation of ARMA models in R to demonstrate its properties	T.Y. B.Sc.
September 2018	Effective Communication	Interacting thru Groups Critical Analysis of CV Presentation, projects	F.Y. B. Sc.
September 2018	Money, Banking and Financial Institution	Monetary Policy Discussion (Fourth bi monthly policy)	S.Y. B.Sc.
September 2018	Economics of Environment and Sustainable Development	1) Case Study of Zero Waste Disposal System: Sweden 2) Case Study of Waste Disposal System: Norway 3) Case of Savco Millers (Uganda) 4) Case of Grameen Shakti in Bangladesh 5) Case of Team B in Haiti 6) Case study on Kreyol Essence 7) Case of Solar Panels in India 8) Case of South African Carbon Trading Scheme 9) Case of EU ETS 10) Case Study on Precautionary Saving in Japan	T.Y. B.Sc.
September 2018	Macroeconomic Theory	Monetary Policy Discussion (Fourth bi monthly policy)	F. Y. M. Sc.
September 2018	Behavioral Psychology	16 PF Personality Test	S.Y. B.Sc.
August 2018	Behavioural Psychology	Stress Test: PSS	S.Y. B.Sc.
August 2018	Principles of Macroeconomics	Game - Inflation Uncertainty Experiment	F.Y. B.Sc.
August 2018	Capital Markets	NSE Live data	T.Y. B.Sc.
August 2018	Economics of Environment and Sustainable Development	Game - Open Access Good Experiment	T.Y. B.Sc.
July 2018	Effective Communication	Role play	F.Y. B.Sc.
July 2018	Principles of Microeconomic	Game to show why markets do not clear under central direction	F.Y. B.Sc.
July 2018	Behavioral Psychology	Learning & Memory assessment, and attention assessment demonstration (Learning)	S.Y. B.Sc.
July 2018	Behavioral Psychology	Images - actual images from Paul Ekman's study of Facial Expressions (Perception)	S.Y. B.Sc.
July 2018	Behavioral Psychology	Real-life examples (from clinical practice) for every concept/ theory taught (Introduction to Psychology, Learning & Perception)	S.Y. B.Sc.
July 2018	Money Banking and Financial Institutions	Monetary Policy Discussion	S.Y. B.Sc.

Convocation- 2018

The Convocation ceremony for Sarla Anil Modi School of Economics, Sunandan Divatia School of Science and Kirit P. Mehta School of Law was held at Mukesh R. Patel Auditorium on 4th August 2018 at 11.00 a.m. The Chief Guest for the Convocation was Hon'ble Justice B. N. Srikrishna, Judge (Retd.), Supreme Court of India.

The following students were in the Dean's List:
Twinkle Agarwal
Nikhil Gupta
Chitraksh Sharma
Saru Pruthi
Ayan Sarkar

The following were the awards given to the graduating students of the Sarla Anil Modi School of Economics.

Students Award

M. Sc. Economics Program
- The first rank holder with a CGPA of 3.89 who got Gold Medal – Twinkle Agarwal

B. Sc. Economics Program
- The first rank holder with a CGPA of 3.81 who got Gold Medal – Nikhil Gupta
- The second rank holder with a CGPA of 3.76 who got Silver Medal – Chitraksh Sharma
- Best student for consistent Academic Performance 2015-18 – Nikhil Gupta

Special prize for organizing
- Sarthak Ratnu
- Ayan Sarkar
- Ayushi Mehta

Best Faculty Awards
- Dr. Rohit Muraleedharan

Certificate of appreciation for NAAC teamwork.
1. Vishakha Sawant
2. Priya Gurav
3. Renuka Shetty

Picture Gallery

Orientation 2018

Orientation Programme F.Y. B.Sc. Economics Batch 2018-21 and M.Sc. Economics Batch 2018 - 2020

Inaugural Session - July 13, 2018
The programme consisted of an inaugural session at Santokba Hall. Students were addressed by the Vice Chancellor, Dr. Rajan Saxena, Pro Vice Chancellor Dr. Sharad Mhaiskar, Registrar Dr. Meena Chintamaneni. Associate Dean Prof. Amita Vaidya, gave the students as well as the parents an insight into the working of the School of Economics. The Second year B. Sc. Economics students also shared their experiences at the School with the F.Y. B. Sc. Economics students. It was followed by an interactive session of the parents and the students with the faculty.

July 13, 2018
- The counselling session by Prof. Joel Gibbs and Ms. Meeta Shah, Psychologist and Counsellor.
- The Session consisted of a Library Orientation, conducted by Ms. Madhvi Tipnis, Assistant Librarian. Introductory session for Chancellor Challenge was conducted by Mr. Keyur Gandhi,
- A Workshop on was conducted by "Communication” by Prof. Ocean Gonsalves

July 14, 2018
- The session consisted of an ice-breaker session by the students of S.Y.B. Sc. Economics students.
- As a part of orientation programme a Workshop on "Emotional Hygiene” was conducted by Dr. Harish Shetty.

July 21, 2018
- As a part of orientation programme a Workshop on "Independent Living” was conducted by Prof. Joel Gibbs and Ms. Meeta Shah, Psychologist and Counsellor.

July 28, 2018
- Examination Orientation and a brief session on Factorization by Ms. Shilpa Patil.
- Student portal Training was conducted by Mr. Sohel Qureshi
- Library Database was conducted by Ms. Madhvi Tipnis

Orientation Programme S.Y. & T.Y. B.Sc. Economics and. S.Y. M.Sc. Economics on 09 July, 2018 at Juhu Jagruti Hall.

Address by Prof. Amita Vaidya
As part of orientation program SAS introductory session was conducted by Mr. Raj Zaveri.
Introductory session for Chancellor Challenge was conducted by Mr. Keyur Gandhi,
Student portal Training was conducted by Mr. Sohel Qureshi.
Placement session was conducted by Ms. Chinali Shah and Ms. Jyoti Talwar.

Workshops for M. Sc. Economics

Workshop on "Use of NSSO survey Data with R” was conducted by Prof. Kiran Limaye, SAMSOE, on 10th September 2018 & 17th September 2018
Workshop on R was conducted by Dr. Shreya Biswas, SAMSOE, on 6th October 2018 & 27th October 2018
A workshop on "Communication" was conducted by Prof. Ocean Gonsalves, Adjunct Faculty, NMIMS on July 19, 2018
A workshop on "Database” was conducted by CIME outlook on July 18, 2018.
A workshop on "Bloomberg Terminal” was conducted by MBA second year students on July 18, 2018.
A workshop on "Design Thinking” was conducted by Mr. Ankur Grover, Thinker Labs, on July 14, 2018
A workshop on "Introduction to Research Methods” by Dr R Nagraj on July 16, 2018
A workshop on "Research using primary sources of data” by Dr Sarthak Gaurav on July 20, 2018
A workshop on "Use of Secondary Data for Research” by Dr. Chandrashekhar on July 27, 2018.

Workshops for T.Y. B. Sc. Economics and S.Y. B. Sc. Economics

A workshop on "Database” was conducted by CIME outlook & CRISIL July 09, 2018.
A workshop on "Design Thinking” was conducted by Mr. Ankur Grover, Thinker Labs, on July 14, 2018.

Workshops for F.Y. B. Sc. Economics

A Workshop on was conducted by "Communication” by Prof. Ocean Gonsalves Adjunct Faculty, NMIMS on July 13, 2018
A workshop on " Emotional Hygiene " was conducted by Dr. Harish Shetty on July 14, 2017
A workshop on "Independent Living” by Prof. Joel Gibbs and Prof. Meeta Shah, Psychologist and Counsellor on July 21, 2018.