Hyderabad Business School (HBS), a constituent of GITAM University, was bestowed the prestigious National Excellence Award for the “Best Institute Promoting Research” by the Associated Chambers of Commerce and Industry of India (ASSOCHAM), the apex body of the chambers of commerce and industry in India.
Prof. S.S. Prasada Rao, Dean & Director, HBS, received this award from Prof. (Dr.) Ram Shankar Katheria, Hon’ble Minister of State, HRD, Government of India, at the 9th ASSOCHAM Higher Education Summit 2016 & National Excellence Awards – 2016 held in New Delhi.
“Hyderabad Business School, though one of the younger constituents of GITAM University, has established a reputation for its commitment to standards in research and teaching of management studies” said Prof. Prasada Rao in a statement after receiving the award.
In the past six years since its inception, Hyderabad Business School has produced an M.Phil. and two outstanding PhDs – (i) Venkata Ramana Ummareddy was awarded PhD for research on “Strategic Management Practices in Bio-Mass Power Plants in Andhra Pradesh”, (ii) M. Nageswara Rao was awarded PhD for research on “The Application of Stable Distribution Model for Prediction of Stock Returns: A study with Special Reference to Selected Major Indian Banks”. All the three scholars were supervised by the Dean & Director, Prof. S.S. Prasada Rao.
In the past two years itself, the faculty members of HBS have published scholarly articles in 37 national and international journals, contributed chapters in 21 books, edited and published 5 books and authored a book. Five case studies written by the faculty have been published in casecentre.org and Iveycases.com, bringing international recognition to HBS. Two of the faculty members, Dr. R. Radhika and Dr. M. Jayasree have completed their UGC projects on “Impact of FII’s on Indian Banking Sector” and “Convergence of IFRS and IGAAP: Key Issues and Challenges” respectively.
Hyderabad Business School believes that only when the teaching faculty is up to date with research in their field, can they be good teachers. The faculty members are encouraged to publish their research and share with their peers in national/international conferences and seminars.