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Delegation from Sam Walton College, USA visits FIIB
19 May 2014

On 16th May 2014, Fortune Institute of International Business received a delegation of WCoB students and Faculty members as a part of the annual International Student Exchange Program held at FIIB Delhi.

Select MBA students from the institute were accompanied by Prof Vikas Anand and Prof. Alan E. Ellstrand to strengthen years of collaboration between the two colleges showcasing an interesting cross-cultural interaction amongst management students.

On day one, Mr. Manish Kheterpal, Chairman- FIIB Delhi welcomed the delegation and discussed the current and potential scenario of India’s Investment Climate in context to the global scenario. Mr. Kheterpal explored various nuances of the Indian Economy analyzing how Indian GDP growth has trailed down owing to high inflation and currency depreciation over last few years. Emphasis was also laid on investment possibilities in the Indian Private Equity Market through illustrative examples of a few featured PE deals. In conclusion, Mr. Manish expressed hopeful remarks for the future of the market in parallel to the 2014 Elections. Following Mr Kheterpal’s session, were sessions by Mr Prashant Tandon, Managing Director, Healthkart, who provided an overview of the E Business in India and Mr Arvind Behl, Director, Krishna Construction Company Pvt. Ltd, who discussed the challenges of construction and real estate in India.

The 2nd day of the program, included team presentations and students were divided into two teams for performing an exercise of exploring and discovering commonalities and differences among each other and share them with the group. The second activity of the day was local market survey where the students visited various shops of the famous market in Delhi, Chandni Chowk that sold different commodities and observed the buyer-seller behaviour patterns. Post this survey, Sam Walton MBA students hosted FIIB-ians for lunch at Haldiram’s and McDonald’s.

Through the exchange program initiated by the college, FIIB Delhi strives to provide a platform to its management students to gain international exposure and learn from their foreign counterparts and WCoB continues to be an important collaboration in this regards.

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