Sunday, May 29, 2011

20 Points to get the best out of your MFM program

I congratulate all who are joining this program. These are just some of the points that I would like to share with you. This is an enriching program with the potential to give that jump-start to your personality and career.

1. Take Notes
Carry a durable note book with you when attending classes. Take notes. When attending presentations, try to write the main points. It is always helpful to take notes of the faculty for exams. 

2. Preserve your notes and Project files. 
Needless to say, you will need them, once you are on the job. That little procedure, those instructions will come in handy, when you are on job. 

3. Learn Excel- Advanced
Excel is not just about filling up cells and adding. It is also about referring and mapping. Learn it thouroughly, learn the shortcuts and commands like vlookup and tools like pivot table. Learn basic coreldraw and photoshop, will come in handy when designing presentations and logo.


4. Take these subjects seriously
These subjects should be considered sacrosanct- Merchandising Management, Fabric Knowledge, Retail Management, Market Reseach and Pattern Appreciation. Never miss classes or assinments in any of those. 

5. Always opt for these subjects
Never miss these subjects- Intellectual Property Rights, Financial Management and Analysis, Fashion Forecasting and Statistical Analysis ( SPSS)

6. Make contacts outside the department
Go out of MFM and develop GOOD contacts with at least five persons each in Fashion Design, Textile Design, Knitwear Design, Garment Manufacturing Technology and Fashion Communications. They will be you mentors in their respective fields throughout your joblife. 

7. Take Freelance Assignments
Seek those out. Find out people with their relatives in the industry, do market research for them. 

8. Never Miss an exchange program
If possible, try and enroll in the overseas exchange program

9. Make use of your camera. 
It always helps to know how to click correct product photographs. Make use of you mobile camera or that small digital camera. 

10. Never compete with your colleagues
Your colleagues are your contemporaries in your job life. Never compete with them. Help them in moving ahead and take their help ( Plesae do not try to copy from their sheet in exams :)) .They are your best friends once you are on the job. 

11. Make use of Scholarship Scheme of NIFT
Sometimes needy students fail to make use of the scholorship scheme of NIFT. It is so good, that your whole course fee can be waived. If you think that you are in need, apply for it. 

12. Want to Hangout - Visit Malls
Go to malls, look at the latest trends not only in fashion, but in lifestyle and architecture. Discuss with your colleagues. 

13. Discuss your resume and your aspiration with your faculty/mentor
Your faculty is the best guide for you, discuss your aspirations, your background. They can create the pathways for your destination. Discuss your resume with them. Finetune it.

14. Never Miss your classes
I think I should not overemphasise this point. Normally I hear students say that they can learn on the job. I am telling you  it is very difficult without a clear theoretical background in your mind. 

15. Learn Terminology- Fabric, Garment, Fashion, Retail
Expertise is all about knowing your vocabulary. Make a diary and try to find the meanings of the words of the experts. What is Chic and Classy. The difference between Cambric and Poplin. Go ahead-ask people. 

16. Learn about Colors
Can you name this color. Is it green. What green- Moss green, Sage or Olive. Learn to name colors and patterns, and you will be amazed at your increased ability to discern shades. 

17. Make use of internet
Join Linkedin, Facebook. Type "Apparel Retail India" on Google and hit News. Do it every day and you will never miss an important news.Then type "Textile India" on Google News and make it a habit to visit the pages. 

18. Make use of your NIFT Library
Never miss the books that discuss forecasting- "Here and There", "Promostyle", "View" and "Textile Outlook International" are some of them. Learn how to use them. Read Economic Times, "Fashion and Lifestyle" and do not miss "Images Retail". Too much !! Yes, MFM is hard work and nobody will tell you that. 

19. Float your company
Mock start your company- just for Fun. Meet the government officials. You will be amazed how much you will learn in the process. The process of registration will remove the hurdles in your entrepreneural spirits. I don't recommend attending entrepreneurship programs. What I recommend is to go ahead and do it.

20. Learn Finance 
Go ahead and buy some shares of the listed retail companies- Pantaloon, Shopper's Stop, Zodiac, Mandhana- It will help you to follow them closly. Learn to read the financial statements. It is easy. Go through the balance sheets of Google orAlibaba to know the financial key features of online company. Go to SEBI website and read offer documents of the textile and retail company. You will know much about the industry.

Added on 05.6.2011


21. Buy Textbooks and Preserve Them
Just an afterthought, nevertheless very important !! Buy standard textbooks of the subjects that you read. Don't hand it over to your juniors. It includes books related to Fabric Knowledge, Garment Quality and Pattern making.You would always be looking for some of the concepts and definitions once you are on Job. 

Let me know what you think here.

8 comments:

Pratap said...

Hey Sir thanks lot for always helping us out........
Its really a noble deed......
U are really helping us lot n doing amazing job(no need 2 mention dis but still).
Sir This was the best gift could have got on ma b'day that i got selected for nift mfm.....
I am bit confused sir.
I got 38 rank in obc category and am not aware of the possible centre...
Is thr ay chance of me getting mumbai.......
Please help me out Sir.....
Thanx
Pratap

Priyank said...

Hi Pratap,

Thanks for your appreciation. However, Your chances in Mumbai are slim with the rank. But you never know. All the best !

Pratap said...

Welcome sir,
Sir dont wana bug u wid my questions but could u please give me any idea about what are the centres i should expect n wch 1 best according to the ranking.........Its really really getn tensed day by day....hope smthn good comes out.....
n thanx lot sir 4 helping all of us as usual......

Pratap said...

n sir i will never forget these 20 points coz it has been posted by u on ma b'day........i alwz keep dese points in ma mind.......thanx sir

Unknown said...

thank u so mucch Sir,your points have really given me an idea on how to approach mfm course..but Sir,i couldnt get point 19..Could u explain it a bit..I min how do we float a company??Will it b tough to strt it by ourselves??

Priyank said...

Floating a company means going through the rigors of opening a company. Which means going to the office of company registration, understanding about the process, knowing the law of the land etc. etc. You may or may not float an actual company

emptiness said...

Sir,
My name is Anna Sunny and I am placed 11th in the GEN category. Will I get into Delhi?

And I did not apply for the scholarship programme when i applied for MFM. Is it possible for me to apply once I m enrolled in the college?

Thank You

emptiness said...
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