Humara Dhanda

“   Orientation for entrepreneurship has to start right from the schools. Teachers need to teach the role of entrepreneurship on national development in the schools. During college education, students must be exposed to business development opportunities and must be trained towards creation of new enterprises…”

Shri A. P. J. Abdul Kalam, Former President of India,
Address to the Nation on the eve of Republic Day 26th Jan 2007. 

Student Companies as a part of Management Education

B- School students during their two years of their academic pursuit are expected to launch their own businesses in the form of  ‘Partnership / Limited companies’ and operate  them with the exclusive purpose of ‘Learning business’.  It is expected that a group of (maximum) ten students form in to a single  firm with a capital of Rupees Ten lakhs ( say each student contributes one Rs. Lakh as share  capital). Students Companies are similar to any other businesses which cater to various customer needs.  It is also expected that formation and management of SCs will be done – spanning two full academic years of academic pursuit on campus.  The Students’ Owners will be the real owners of the SCs and bear the ultimate fruits or pains (losses) of their efforts.   

The primary purpose of starting and managing the companies is to master the art of managing the businesses for which every student joins a MBA course. The primary focus of this activity is ‘Doing Business for Learning ’. Although issues like the a. Scale / Size of business, b. Profits or losses in business c. Developing entrepreneurship may crop up as other issues that are relevant - not considered as focus points of this exercise.

It is expected that all the MBA course contents are taught aligning with the launching and managing of ‘Student Companies’.  Each of the SCs are being evaluated on a predetermined parameters ( say 20 in number ) at specific time intervals spreading over two years of MBA course. Students’ achievement on these parameters is incorporated in to their academic achievement. Students have to furnish all the necessary documental evidences before the Faculty Assessment Committees (FACs) so as to convince the FACs for having achieved the necessary parameters. SCs may be given a weight say, 20 % of overall credits in a given course.

For smooth running of the business, Students will be mentored by the institute faculty and also past alumni including some of the industry captains who are interested and willing to spare time and assume the role of mentors. Student - Mentors may also invest equity money in the SCs. Further, Student - Mentors may also bargain with SCs for equity share for their ‘handholding’ service. Finally, a token ‘Equity’ share of (say 10 %) will be held by the academic institutes in the SCs for the support and the facilitation that is being extended for the success of the SCs.

Students @ NITIE are asked to launch their own business firms and manage them so as to learn the business fundamentals. Attempts of the students on business-front are being evaluated on predetermined process parameters and incorporated in to over all evolution of the learning progress of a given student. Congenial academic infrastructure and inspiration is being created for facilitating the students’ efforts to fructify in business their business. True learning is being created by practice.

List of 20 Students Enterprises @ NITIE – 2007

SUCHAMA Consulting (SUpply CHAin MAnagement):

To make our human society more efficient by providing highly innovative and cost effective solutions in the area of Supply Chain Management to various small and medium enterprises which can’t afford costly consultancy services, so as to enable them become a lot more effective and efficient in their supply chain functions than they are today.  
Contact: इस ईमेल पते को संरक्षित किया जा रहा है स्पैम बॉट से ! आपको यह देखने के लिए जावास्क्रिप्ट सक्रिय होना चहिये

Talentstock: 

Talentstock is a web portal to promote independent artists in India. Every musician, painter, writers, poet, theatre actor is invited. For musicians we record music, sell cds under creative license. For other artists we organized art exhibitions, give chance to talented actors, get in touch with publication houses for poets and writers. So we aim at keeping strong contacts with the industry people who help us promote deserving artists and find fresh talent for their work.
Contact: इस ईमेल पते को संरक्षित किया जा रहा है स्पैम बॉट से ! आपको यह देखने के लिए जावास्क्रिप्ट सक्रिय होना चहिये

Compare the services.com

It is a website where fares of many services are compared. Initially we are planning to gather information about fares  of all major hotels, pubs, prepaid/postpaid phone connections etc. then dynamically update the information and so that people get the latest fares to compare. 
Contact: इस ईमेल पते को संरक्षित किया जा रहा है स्पैम बॉट से ! आपको यह देखने के लिए जावास्क्रिप्ट सक्रिय होना चहिये

HomeSolve:

Due to the ongoing real estate and economic boom people desire better places to live and to maintain there own house such that it becomes the owners pride and neighbors envy. There has always been a necessity of quality maintenance services at ones doorsteps, of which the Indians have been deprived of. HomeSolve would be a one stop solution to every kind of maintenance required to a home during its life time, be it electrical, plumbing, carpentry etc. It would be a dedicated and personalized service for individuals, housing societies and office spaces. 
Contact: इस ईमेल पते को संरक्षित किया जा रहा है स्पैम बॉट से ! आपको यह देखने के लिए जावास्क्रिप्ट सक्रिय होना चहिये

Due North:

The firm's area of work is in the field of "Consultancy cum Counselling". It's a concept driven by the lack of information which a student, job seeker and a common household has. Students are not sure of the career path they want to follow, job seekers end up doing what they get at the time they need and not where they would like to work, a typical family manages their finances in an unorganized way.
Due North would provide career, job and financial consulting services to people to make their lives better. 
Contact: इस ईमेल पते को संरक्षित किया जा रहा है स्पैम बॉट से ! आपको यह देखने के लिए जावास्क्रिप्ट सक्रिय होना चहिये

Mera Mentor:

Mera mentor program starts post classroom teaching. Some things are best learnt through sharing of experiences and not in the classroom. For a student preparing for competitive exams, the best method to learn is through the experiences of his seniors. This is what exactly happens in "mera mentor". We help the student to leverage on the mentor's experiences and achieve success. 
Contact: इस ईमेल पते को संरक्षित किया जा रहा है स्पैम बॉट से ! आपको यह देखने के लिए जावास्क्रिप्ट सक्रिय होना चहिये

Septagon Consultancy:

Consultancy with prime focus on CDM (Clean development mechanism) and EHS (Environment Health and safety).
Our aim is to provide business solutions to enable profitable and sustainable growth.
There is increasing global awareness about climate change and its ill effects. The stringent regulations in place for the same gave us the opportunity to move into the domain of clean development technology.
Contact: इस ईमेल पते को संरक्षित किया जा रहा है स्पैम बॉट से ! आपको यह देखने के लिए जावास्क्रिप्ट सक्रिय होना चहिये

Chai Shai:

Our idea is to sell tea to all these tea drinkers. We get tea at every corner of the city but it is surprising that if one asks you to name one brand that sell tea on the road, we can't think of it! We want to build that brand in the minds of all the Indian tea drinkers. We plan to open a chain of tea outlets serving different flavors of tea across Mumbai city. Gradually we plan to move to the franchise model. We would also start serving accompaniments. Our pricing model will be such that the regular tea drinkers can afford it. Initially, we plan to open the outlets near the railway stations
Contact: इस ईमेल पते को संरक्षित किया जा रहा है स्पैम बॉट से ! आपको यह देखने के लिए जावास्क्रिप्ट सक्रिय होना चहिये

The Backpackers:

The Backpackers aims at promoting adventure tourism in the country. The service provided includes creating a low cost, customizable package to the customer keeping in mind the limited spending power of the customer. The organization was conceptualized to cater primarily to the requirements of the college going students.
Contact: इस ईमेल पते को संरक्षित किया जा रहा है स्पैम बॉट से ! आपको यह देखने के लिए जावास्क्रिप्ट सक्रिय होना चहिये

Sankalp:

Our company aims at upliftment of standard of living of slum dwellers in collaboration with corporates. Surveys will be conducted in the slums of Mumbai highlighting existing problems there. Proper evaluation of the major problems would be done. After this, we would come up with solutions in the form of feasible projects. Funds or projects for these projects will come from the corporates as part of their Corporate Social Responsibility initiative. 
Contact: इस ईमेल पते को संरक्षित किया जा रहा है स्पैम बॉट से ! आपको यह देखने के लिए जावास्क्रिप्ट सक्रिय होना चहिये

Slot Zero:

Slot Zero is a unique initiative by the students of National Institute of Industrial Engineering (NITIE). It aims at improving placements in engineering college. Even though the students are technically sound, they are unable to get through the recruitment process due to lack of analytical and soft skills. With this in mind, Slot Zero has come up with the idea to train students in these skills. We will be conducting classes in their campus imparting the required knowledge to final and pre final year students.
Visit: http://slotzero.i8.com/ 
Contact: इस ईमेल पते को संरक्षित किया जा रहा है स्पैम बॉट से ! आपको यह देखने के लिए जावास्क्रिप्ट सक्रिय होना चहिये

WePlan4U:

WePlan4U is a wedding consultancy and planning service. This is an event management firm, through which we will provide optimum resource planning and organizing to middle class, upper middle class and upper class people. Initially, the target is wedding ceremonies which need arrangements, like marriage hall, transport, catering, beauty parlor etc. Promotional place for our firm is Mumbai. Later we have plans to spread to fast-moving cities across India with wider plans like organizing corporate events, adventure tours. 
Contact: इस ईमेल पते को संरक्षित किया जा रहा है स्पैम बॉट से ! आपको यह देखने के लिए जावास्क्रिप्ट सक्रिय होना चहिये

Sixth Sense:

The idea is to launch an educational web portal (www.careerudaan.com) catering to the needs of various categories of students, primarily MBA aspirants, Engineering aspirants, and High School students. We will be providing them educational solutions in terms of forums, guidance and counseling sections, online exams, model papers, recent articles from the relevant fields, networking medium between the faculty and students.
Contact: इस ईमेल पते को संरक्षित किया जा रहा है स्पैम बॉट से ! आपको यह देखने के लिए जावास्क्रिप्ट सक्रिय होना चहिये

SabKuch.com:

Sabkuch.com is a web portal which provides an interface to the user to access the essential requirements of everyday life. It offers diasporas of choices which can facilitate in bringing a significant change into the lifestyle of people, be it from eating the right food in the morning to traveling in a car during the day to getting work done from a helping hand. All the essential as well as basic every day requirements can be met thru this portal.sabkuch.com brings convenience, comfort and ease of operation into our day to day activities. Initially we are planning to start with three full fledge services 1) house hold utility service 2) Car Pool 3) Weight Watchers.
Contact:  इस ईमेल पते को संरक्षित किया जा रहा है स्पैम बॉट से ! आपको यह देखने के लिए जावास्क्रिप्ट सक्रिय होना चहिये

PEEK-A-BOO:

In this era of cut throat competition and globalization, companies need to keep themselves abreast of latest developments in their respective domains. With the advent of internet there is no dearth of information available, but what is more important is availability of concise and relevant information. This is where our web based, industry news analysis portal “Peek-a-Boo” steps in. We intend to capitalize on the credibility, analytical rigor and bubbling energy of our group of eleven budding managers. This initiative will be a great learning opportunity for us and shall provide our clients with an unbiased insight into their domains of interest.
Contact:  इस ईमेल पते को संरक्षित किया जा रहा है स्पैम बॉट से ! आपको यह देखने के लिए जावास्क्रिप्ट सक्रिय होना चहिये

ITMG:

Information Technology Management Group (ITMG) is a Business venture started by a group of MBA students at NITIE with a vision to be best in domain of IT consultancy services in India by 2020. Our mission is to provide consultancy in the most cost effective manner to Small and Medium Enterprises in and around Mumbai. Committed to delivering innovation, ITMG is built on the assumption that the management of IT for business is like legal advice, accounting, graphic arts, and other bodies of knowledge.
Contact: इस ईमेल पते को संरक्षित किया जा रहा है स्पैम बॉट से ! आपको यह देखने के लिए जावास्क्रिप्ट सक्रिय होना चहिये