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The Paari School of Business, SRM University-AP, has launched a brand-new management programme, the Executive Master of Business Administration (EMBA), for working executives and businesspersons to upgrade and upskill their knowledge in the domain of business and management studies. The School also inaugurated AMEYA 2k23, the first edition of the Business Fest, aimed at students of management to showcase their skills in business studies and entrepreneurship. Chief Guest of the event, Dr Nagendra V Chowdary, Vice President – Academic Content & ET Cases, Timespro, Division of Bennett Coleman & Co Ltd., launched the EMBA programme in the august presence of Honourable Vice Chancellor of SRM University-AP, Prof. Manoj K Arora; Registrar, Dr R Premkumar; Dean-Paari School of Business, Prof. Bharadhwaj Sivakumaran; and Head of the Department, Dr CA Mahalakshmi Mudliar.

“The first Executive MBA programme was launched at The University of Chicago Booth School of Business in 1943 that has since established itself as one of the finest Business schools in the world. I do not doubt that Paari School of Business will experience similar success and the EMBA programme at SRM AP will secure a deserving position in the QS and FT rankings in the years to come”, said Dr Chowdary. The Dean of the School, Prof. Bharadhwaj, provided a synopsis of the programme, detailing the objectives, course structure, facilities, and resources of the EMBA programme. “Earlier, we had launched the Directorate of Executive Education and Professional Studies (DEEPS). The inauguration of the EMBA programme is the logical corollary of the same, facilitating working professionals with an opportunity to master advanced skillset relevant to the industry”, stated Prof. Bharadhwaj.

emba-ameya-launch

The first edition of the B-school fest, AMEYA 2k23, was also inaugurated by Vice Chancellor, Prof. Manoj K Arora. “AMEYA 2k23 is an ideal platform for young entrepreneurs and budding executives to display their knowledge and skillset in management studies. The fest serves a dual purpose to the varsity – increasing the branding and visibility of our nascent university and the Paari School of Business, also while encouraging students to inculcate leadership and managerial skills, crisis management, and effective communication skills to mould them into competent candidates for the industry”, said Prof. Arora. Dr CA Mahalakshmi Mudliar delivered a brief overview of the significance of the Business Fest. Prof. Arora, along with the other dignitaries on the stage, honoured Chief guest, Dr Nagendra V Chowdary, with a shawl and memento as a token of gratitude. Mr Arun Prasad G S conveyed the vote of thanks.

Prof. Vinay Kumar Nangia

Wednesday, 07 June 2023 by gayathri nair

Published in Faculty, Management Faculty, Professor, SEAMS, Visiting Faculty

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Role of Covid-19 Disruption

Thursday, 15 June 2023 by gayathri nair

Pradeep Rathore

Covid-19, has wreaked havoc in ordinary life, health and finance have taken the worst hit. As for finance, people saw the loss of their livelihood, businesses collapsed and for several mid-scale and large-scale businesses, the working capital and firm performance diminished to a great extent. In the given context, Dr Pradeep Rathore Assistant Professor from The Paari School of Business (PSB) published a compelling research paper titled, “Working Capital and Firm Performance: Role of COVID-19 Disruption” in International Journal of Productivity and Performance Management” where he addresses the issue and analyses the cause.

Abstract

This study examines the performance effect of working capital for a large sample of Indian manufacturing firms in light of supply chain disruption, i.e. the COVID-19 pandemic. This study is based on secondary data collected from the Prowess database on Indian manufacturing firms listed on the Bombay Stock Exchange (BSE) 500. Panel data regression analyses are used to estimate all models. Moreover, this study has employed robust standard errors to consider for heteroscedasticity concerns. The results challenge the current notion of working capital investment and reveal that higher working capital has a positive and significant impact on firm performance. Further, it highlights that Indian manufacturing firms suffered financially post-COVID-19 as they significantly lack the working capital to run day-to-day operations. This research contributes to the scant literature by examining the association between working capital financing and firm performance in light of the COVID-19 pandemic, representing typical developing economies like India.

The study implies that organisations need to have higher working capital during an economic downturn such as COVID-19 as it takes care of present and future financing needs, to facilitate their day-to-day operational activities, and to enhance performance of both working capital and firm performance, operational and financial. The study also suggests that Managers should understand the value of working capital and advocate for higher working capital investment to address supply chain disruptions during economic downturns.

Dr Pradeep Rathore is presently working on topics related to sustainable development
goals, sustainability, and solid waste management.