Symbiosis Institute of Telecom Management

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Symbiosis Institute of Telecom Management (SITM) was established in the year 1996. We are the pioneers in the field of Telecom and ICT Management education in the country and Asia. The Telecom revolution in India started in the early nineties and today India is the fastest growing telecom market in the world. As this sector continues to expand and mature, it is creating exciting techno commercial career opportunities for graduates and working professionals. The telecom ecosystem is expanding and services are being provided in various sectors such as healthcare, commerce, education, and entertainment. Increasing number of companies are becoming an integral part of this evolving ecosystem. At SITM, we focus on Technologies and Technologies management. The curriculum consists of core management subjects and applied to technologies management through case studies. Courses on technologies include Telecom and Information technologies and also emerging technologies such as cloud computing and analytics.

SITM has over 1800+ alumni who are making their mark in the industry as Business and Technical Consultants, Network Managers, Project Leaders, Business Development Managers to name a few. Senior batch alumni are holding senior management positions such as Heads of business units, Country managers, Vice Presidents of functional areas, and so on. Large numbers of alumni are working internationally and are based outside India in various regions.

In addition to the two year full time residential Post Graduate Program, the Institute conducts an Executive MBA program in Telecom Management which is offered to working professionals. This program is conducted only on weekends. The Institute is also actively engaged in formulating Management Development Programs (MDPs) for the companies.

Students at SITM are part of a techno- management business school that has remarkably evolved into a center for learning and excellence in the Information and Communication Technology (ICT) domain. It has made its presence felt in the ICT industry with over thirteen hundred alumni, tirelessly contributing to the growth of organizations throughout the ICT value chain in India and abroad.

An SITM student experiences a potent mix of academics, domain expertise and professional skills. He is endowed with experiences beyond knowledge. This is achieved through continuous exposure to seminars and workshops, industry visits / exhibitions and professionally conducted events.

Apart from academics, our students work on various committees under the guidance of the faculty, which enables them to implement “best practices” in management.

An SITM student, as a business leader of tomorrow, needs to be aware of corporate social responsibilities and therefore, students are encouraged to take part in various extension activities.

In the 2 years a student spends at SITM, his abilities would be put through various tests which would eventually refine him into not only a telecom business leader but also a “good citizen” with high moral values.

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Startup India.

Startup means an entity, incorporated or registered in India :

  • Not prior to five years,
  • With annual turnover not exceeding INR 25 crore in any preceding financial year, and
  • Working towards innovation, development, deployment or commercialization of new products, processes or services driven by technology or intellectual property

Provided that such entity is not formed by splitting up, or reconstruction, of a business already in existence. Provided also that an entity shall cease to be a Startup if its turnover for the previous financial years has exceeded INR 25 crore or it has completed 5 years from the date of incorporation/ registration. Provided further that a Startup shall be eligible for tax benefits only after it has obtained certification from the Inter-Ministerial Board, setup for such purpose.1452150455

You dont necessarily need to have an out of box idea. There is no precursor to become an entreprenuer. You neither need a degree nor a hell lot of money. All you need is a simple idea. It is the simple that produces great. Your dedication and commitment towards the idea is all that counts.

Start Up India Stand Up India Scheme – Action Plan in Detail

  • E- registration will be done. The application forms for start up India will be made available in April 2016
  • A self certification system will be launched
  • A dedicated web portal and mobile app will be developed
  • Arrangement of self certificate based compliance
  • No inspection during the first 3 years
  • 80 percent reduction in the application fee of start up patent
  • Easy exit policy
  • Inclusion of Credit Guarantee Fund
  • Relaxation in Income Tax for first three year
  • Special Arrangement for Female applicants
  • Introduction of Atal Innovation Mission. Innovation courses will be started for the students

The quality of education in the institutions of the nation is always questioned and found not matching with the organizations’ standards for the required skill set and they have to expend on training the freshers. The country has also launched the Skill India campaign for addressing the issue.

The Standup India initiative is also aimed at promoting entrepreneurship among SCs/STs, women communities. Rural India’s version of Startup India was named the Deen Dayal Upadhyay Swaniyojan Yojana. To endorse the campaign, the first magazine for startups in India, The Cofounder, was launched in 2016.

The bold move : DEMONITIZATION

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I know it’s a late post but this phase is worth mentioning at any time. When the clock struck 8.30 pm on 8th November, 2016, the big elephant roared its way to our homes – “Demonetisation”.  Moments before that some people were having their delicious dinner, some were gearing up for the night ahead and some were counting money they earned for the day, unware of the sweet storm ahead.  Many were agitated with the outbreak of this news, but one can only improve when one accepts the Change. Change is hard at first, messy in the middle and gorgeous in the end.

Let me count major effects of this move :

  • Eimination of counterfeit currency

It is not rocket science to understand that counterfeit currency is generally circulated in highest denomination notes to impact most. So, by demonetizing the highest currency notes India could almost eliminate 100% fake currency out of circulation in one stroke.

  • Abolish black money

People having black money generally keep their black money in highest denomination currency notes. This step would abolish black money from the economy as the owners will not be in a position to deposit the same in the banks.

This step would make black money kept in cash which generally used to create chaos and terror or is lying with terrorists, Maoists, naxalites, scrap.

  • Strengthen Indian Banking System

This will automatically lead to more amounts being deposited in Savings and Current Account cash laying out of economy flow is now coming into circulation. This in turn will enhance the liquidity position of the banks, which can be utilized further for lending purposes.

  • Financial inclusion for Jan Dhan account holders

Government opened Jan Dhan accounts for financial inclusion purpose, but people were reluctant to keep money in the bank, but after this step of government, people will start depositing their cash into banks thereby strengthening Indian banking system, citizen are and will become beneficiaries of financial inclusion!

  • Higher Tax Collection

This led to higher tax collection as business men are depositing cash lying with them as current year income with advance tax. Defaulters of bank, property tax, electricity bills and telecom bills are clearing their long pending bills and thus utilizing their old currency notes.

  • Deflation

Price level is expected to be lowered only marginally and temporarily due to moderation from demand side. Small vendors who generally deals in cash would now start using cashless modes for transactions or digital methods.

  • Price cut in Real estate

As we all know the hype in real estate prices is because of the circulation of black money in this market. Now from this step almost all that black money would get out of circulation from this sector. Eventually the sky touching prices of properties will come down to the reach of a common man. Finally a common man can buy his dream home soon. Hopefully!