TUESDAY TALK SERIES

TUESDAY TALK SERIES

Jagan Institute of Management Studies, Sector 5, Rohini, New Delhi organized TUESDAY TALK SERIES on Tuesday, th 24 July, 2012 at its campus. The continuous faculty interaction programme was an initiative by the academicians to present their research papers or any other similar activity with JIMS fraternity. The resource persons for the presentations were Ms Deepika Saxena (Assistant Professor) JIMS, Ms. Parul Raj (Associate Professor) JIMS & Ms Ritu Bajaj (Associate Professor) JIMS. The JIMS faculty and other staff

members from various departments attended the presentation. Our first presenter Ms. Deepika Saxena had already presented the paper at IIM Bangalore for which she was had been acclaimed. The paper presented was on the topic of Technology Based Initiatives by Indian Commercial Banks towards Financial Inclusion. Ms. Deepika gave a brief introduction on the importance of Technology which has now become a driving force of change. It has revolutionalized the concept of doing business and helps in its better and advanced understanding. Further, she highlighted Financial

Inclusion and defined its roles in various forms not restricted to opening of just bank accounts and described it as credit cards, payment remittances, insurance, financial advice etc. She illustrated her research by stating that with financial inclusion we as in the country have able to reach to the masses (underprivileged). She further propounded by illustrating examples of Mobile ATM , Customer Service Centers and Biometric ATMs which has enabled the reach ability and transfer of money in far way places. Technology has become faster and better but the trust is still missing in the people belonging to rural areas. She

further stressed on solutions where literacy programs and awareness programmes should be arranged through credit counseling centers. She also highlighted the importance of trust in a medium which can be reached to the masses e.g. postal services. Our presenters Ms Parul Raj & Dr. Ritu Bajaj had already presented the paper at Jaipuria Institute of Management, Noida. It was a contribution effort by Ms Parul Raj and Dr. Ritu Bajaj on the topic of Harnessing the power of Generation Y. Hence, both were there to present the paper. Ms Parul Raj gave a brief introduction of Generation Y and

defined them as being technology savvy, ambitious & optimistic, attention seekers, arrogant and yet socially sensitive and family centric. She categorized them into ages as Boomers (1946-1964), Generation X (1965-1982) and Generation Y (1982-2001). Dr. Bajaj illustrated the study as a research methodology on Generation Y with the help of an internet questionnaire survey of under graduate and post graduate students with close ended questions such as:

 What influences them while choosing their careers? Who do they consult for solving questions? What influences them while choosing an organization Who are their role models? All of the above questions were answered through data analysis charts, where generation Ys preferences were put in order. They further explained the importance of research which was done to analyze the retention ratio of Generation Y when catering to their employability options.

They finally concluded by stating some recommendations of Generation Y in context of the retention issues that they prefer High Quality colleagues, flexible work arrangements, prospects for advancements , access to new experience and challenges. The presentations were well appreciated by the audience. It proved to be a good learning experience for most of the participants. Many of them were encouraged to undertake research in new fields and share their observations with others, and were learning and a fruitful experience for the staff & other faculty members. Also,

it was a great opportunity given by the participants for sharing the opportunity to improve on their research work.