Monday, June 6, 2016

India’s Banking Crossed Another Milestone With UPI

What is UPI?
Unified Payments Interface (UPI), as the name suggests is an interface that can be adopted to help country in cashless transactions. Raghuram Rajan in the month of April launched UPI with a view to boost digital money transfers. Watch the video to know about this new interface.

National Payments Corporation of India (NPCI) has developed this interface. It is an umbrella organisation for all retail payments in the country. The UPI is an attempt to make money transfers easy, quick and hassle free.

How does UPI work?
Imagine you are going to a supermarket to buy some stuff. When you come to the cashier for payment all you need to do is tell the cashier your virtual Identity number and he generates an invoice, now all you need to do is approve it from your phone and the payment is done. Its that simple.

All you need is a smartphone and a bank account. Once you are registered with your bank for UPI, a unique virtual address will be created. This will be mapped with your smartphone. For payments UPI refers to this virtual identity and transfers money in real time.  

You can use Telephone number or Aadhar Number as a short name for your Virtual address. UPI allows you to have multiple virtual addresses for multiple accounts in various banks. There is no account number mapper anywhere other than your own bank to ensure your data privacy. This allows you to freely share your financial address with anyone.


Why UPI?
UPI has the potential to eliminate the need for maintaining mobile wallet as the virtual address is not limited only to individuals. This is a major step towards moving into a cashless economy.

ASM believes that any innovation that adds value to the existing processes of the society is the real development. It strives to teach its students this and always motivate them to think differently and to add value to the society to make our country’s economy better than yesterday.


Thursday, May 26, 2016

Career Opportunities in International Business

Today a lot of businesses have expanded so much that there seems to be no boundaries restricting them to just one location. Enter Globalization. Does this pique your curiosity in knowing how exactly are these businesses run across the globe? If your answer is “yes” then MBA in International Business can render this down for you.

MBA in International Business is a special course where you get to learn about different fields of management with an extra knowledge about foreign policies with respect to trade laws- Import/Export, International Labour laws, negotiation skills, global marketing, global economics etc. With this degree you will get an in depth knowledge about a wide range of operations and functions that go behind any business that runs on a global level.

Scope of MBA in International Business-

Many foreign companies are now investing in India thanks to the Make in India campaign. Many Indian manufacturers since a very long time have been exporting goods to other countries and day by day the number of such exporters is only increasing. A large number of Indian companies are also setting up their operations in foreign countries. So all these companies need managers who understand foreign policies and can help them in set up and run their operations smoothly. To know more about what you can get out of MBA in International Business watch the video below. Video originally created by and shared by ASM Group of Institutes.


ASM Group of Institutes provide PGDM as well as MBA in International Business. ASM has 21 years of track record and is rated amongst Top B-Schools in India. So if you are interested in MBA in International Business then ASM is the name you should look for.


Tuesday, May 17, 2016


17th May was celebrated as World Information Society Day as per United Nations General Assembly resolution, following the 2005 World Summit on the Information Society in Tunis.
Previously the day has been known as World Telecommunication Day to recall the foundation of the International Telecommunication Union on 17 May 1865. It was instituted by the Plenipotentiary Conference in Malaga-Torremolinos in 1973.
The ITU Plenipotentiary Conference in Antalya, Turkey, in November 2006, decided to celebrate both events on 17 May as World Telecommunication and Information Society Day.
The main objective of the day is to raise global awareness of societal changes brought about by the Internet and new technologies. It also aims to help reduce the digital divide.
In 2016, World Telecommunication and Information Society Day (WTISD-2016) will focus on the theme: “ICT entrepreneurship for social impact.”

Information and Communications Technology (ICT) entrepreneurs and start-ups and small to medium-sized enterprises (SMEs) have a particularly relevant role in ensuring economic growth in a sustainable and inclusive manner. They are involved in the development of innovative ICT-enabled solutions with a unique potential to make a long-lasting impact in global, regional and national economies and as an important source of new jobs, especially for youth, in the current knowledge economy.
The theme for 2016 is in line with the work of the International Telecommunication Union (ITU) in unlocking the potential of ICTs for young innovators and entrepreneurs, innovative SMEs, start-ups and technology hubs as drivers of innovative and practical solutions for catalyzing progress in achieving international sustainable development goals, with a focus on SMEs from developing countries.
"The ICT sector is amongst the most profitable and successful and has revolutionized the way the world communicates. Through a combination of forward-looking government policies and regulatory reforms, international standards, industry innovation and investment in infrastructure, and new services, billions of people have been brought into the information society in a remarkably short period of time. This is a shared achievement for which we can all be proud." quoted Houlin Zhao, ITU Secretary-General on the occasion of WTISD 2016
The story of ITU is one of international cooperation, among governments, private companies and other stakeholders. The continuing mission is to achieve the best practical solutions for integrating new technologies as they develop, and to spread their benefits to all.

Tuesday, April 26, 2016


ASM has regularly provided the corporate world with well-prepared professionals, and industry leaders. This history of excellence has been validated by the fact that ASM Group of Institutes has been consistently ranked amongst the top B-Schools in India.

ASM’s Job Fair:
ASM Group of Institutes, Chinchwad Pune in association with Jijai Pratisthan (Pimpri - Chinchwad) & Pratibha Mahila Pratisthan (Pimpri- Pune) have organized the two days Job Fair at ASM's IBMR Campus. The students crowd from in and around Maharashtra started coming since morning to get the entry for job fair. For registrations, students have to fill the form to get the entry. Each registered student got a list of companies with exact details of interview process.

Participated Companies
There were 160 companies participating in the Job Fair:
Country Club, Excide, Flipkart, SBI Life Insurance, Tata, TCS, Vodafone, Eureka Forbes and many more.
This event had the potential to create over ten thousand job opportunities. 

Inauguration Ceremony:
The job fair was inaugurated by Girish Bapat in the presence of Laxman Jagtap, Navnath Jagtap, D. Pawar - Deputy Director of employment division, Dr. Sandeep Pachpande, Chairman of ASM Group of Institutes, and Dr. Asha PachPande – Managing Trustee & Secretary of ASM.  Girish Mantri addressed the problem of unemployment is growing day by day. The students are not getting job as per their qualifications. So he urged students to not look for a package but for good profiles which will take them towards the better career.

There was an overwhelming response to this job fair. This fair attracted towards 160+ companies offering a variety of jobs in all sectors..


Monday, April 25, 2016


ASM Group of Institutes has continuously providing well – rounded professionals to the corporate world. ASM has been consistently ranked amongst the top B-schools in terms of education and placements.

The ASM Group of Institutes has an excellent track record of placements, with over 55,000+ alumni placed across the country in various sectors. ASM alumni’s and institute will work together to build a strong network in corporates and help students to choice the company based on their interest and skills.

JOB PROCESSES:          
Employers organize or attend job fairs because they want to meet a lot of job seekers in a shorter period of time. A job fair consists of dozens of corporate recruiters setting up on a college campus to fill the positions. Through job fairs students can get the opportunity to explore different career fields, learn about internships and full-time job openings, and make connections with hiring organizations.

The ASM Group of Institutes in association with Jijai Pratisthan (Pimpri - Chinchwad) & Pratibha Mahila Pratisthan (Pimpri- Pune) organizing a Job Fair on Monday & Tuesday i.e 25th - 26th April at ASM's IBMR Campus. There are 100+ leading companies are recruiting students at different level positions.

Many job process involves employers screening resumes, cover letters and then start with telephonic round. This process is lengthy and time consuming. So take advantage of opportunities to meet employers face-to-face at one ground.

Venue: ASM’s IBMR Campus
Date: 25th-26th April 2016