Shri N J Yasaswy
A Bouquet of Reminiscences
Intelligence and cleverness, great lineage, control of the senses, scientific pursuit, fearlessness, measured speech, philanthropy and gratitude are the qualities that differentiate a great man.
He was a man of great charm and an attraction among his classmates, juniors and seniors as well. He was venerated by equals; emulated by juniors and appreciated by teachers. To put it briefly, he was a ‘friend, philosopher and guide’ to us in our lives.
Born on 9th February, at Tenali in Guntur District of Andhra Pradesh, Shri N J Yasaswy was the only child of Shri Nandury Venkateswara Rao, a teacher and Smt. Seetharamamma.
Shri N. J. Yasaswy, the visionary founder of the Icfai group of educational institutions, was a great human being. He was indubitably a versatile genius and a man of many parts. That aside, he had a tremendous capacity to take risks but always launched every initiative with an amazing clarity: ‘ours is a private effort with a public purpose." Being an erudite leader, whenever a new initiative was undertaken, he would invariably emphasize to his colleagues: "We are aiming at a future beyond our ken and control; let us, therefore, be open to learn and steer through cautiously."
Shri Yasaswy was a great teacher. Looking at his innate strengths, plus his tremendous ability to think laterally and his excellent ability to articulate, Yasaswy was one in a million and it was an absolute privilege remembering him as a....
Charismatic
Genius
Great Teacher
Visionary
Institution Builder
Shri Nandury Venkateswara Rao, &
Smt. Seetharamamma.
A Man of Many Parts
Time Spent with Us
My Author, My Friend.....
Mr.Kapil Malhotra
N J Yasaswy was one of the best men it’s been my privilege to have met; both a singular visionary and a dynamic karma yogi. More, he was so straight forward. I say this not as an exaggerated tribute for his memorial volume but in utter sincerity.
Obstacles are Opportunities....
Mr.Rajeshwar Rao
I feel so fortunate to have had such quality time with him with no distractions, many times just the two of us and other times, the four of us. Jabili and I observed his willingness to assist in setting the dining table and also for bringing other subjects to the conversations during dinner time. The one week we spent together felt like just a few hours, and we wished we had more time to spend with him. Unless you were lucky enough to have had a personal encounter with Yasaswy, you do not understand what a wonderful and smart person he was. He was God’s gift to society, and he used his time on earth to enlighten the many lives who came across his path.
The Man and His Legacy......
Mr.C M Prasad
So long, my friend, you have my hearty admiration for the way you conducted yourself without any indulging or wasting time, you worked and worked and made your colleagues, students represent your nurturing for a very long time to come after you left on your voyage to heaven. I wish you did not have to leave us all in this sad and empty state of mind the way you had to.
Shri N J Yasaswy (1950 - 2011), Founder of the ICFAI
Group of educational institutions and a pioneer in promoting higher education in the private sector had a brilliant academic career.
1959-65 High School education at Majeti Guravaiah High School, Guntur.
1965-69 College education at the Hindu College, Guntur.
1969 Graduated in commerce, from Andhra University, with a University first rank.
1970 Completed ICWA (Inter), with an All India First rank.
1971 Completed CA (Inter), with an All India First rank.
1972 Completed ICWA (Final), with an All India First rank
1972 Received the Basu Foundation Best Student of the year Award from the Institute of Cost and Works Accountants of India.
1973 Joined ITC Ltd. as a Finance Executive in the ILTD Division, and worked with them till 1975.
He was the receipent of the Basu Foundation Award for the Best Student of the Year from both – The Institute of Cost and Works Accountants of India (in 1972) and The Institute of Chartered Accountants of India (in 1973).
During 1974–1989, Mr Yasaswy was associated with the Administrative Staff College of India as a Faculty Member.
In 1981, he started his consultancy firm, Yasaswy Management Associates (P) Limited, Hyderabad. Mr Yasaswy served on the Board of Studies of Nagarjuna University
(1978-80). He was appointed by the Government of Andhra Pradesh as Chairman, Andhra Pradesh State Trading Corporation (1985-88), and Vice Chairman, Public Enterprises Management Board(1986-88).
He was a visiting faculty member at the Indian Institute of Management, Ahmedabad (1986-88) and was nominated as a Member on the SEBI Committee on Accounting Standards. He was a member of the Board of Directors of the Association of Certified International Investment Analysts (ACIIA), Switzerland. He authored several books on financee and investments.Mr Yasaswy set up the ICFAI group as a single institute in 1985 without governmental sops or institutional funding, in an era where government support was the norm.
He chose to spend all his energy on the fledging institution which over the years grew to become a monument to what ambition can deliver. He was instrumental in building several business schools and about a dozen universities in the developing states of India, particularly in the North East region.
The ICFAI Foundation for Higher Education in Hyderabad occupies pride of place among several institutions he started and was close to his heart. He stood for professional management, excellence in the quality of education offered in the ICFAI institutions, and absolute discipline. He was charismatic, a great teacher, an institution builder, a visionary and a genius who was years ahead of his time.
His vision will continue to guide ICFAI forever.
ICFAI Universities
ICFAI Business Schools (IBS)
A Bouqet of Reminiscences on Shri N J Yasaswy (Maneeshi)
Shri Yasaswy was a Prolific Writer.
Some of the most popular books authored by him
Finance for Non-Financial Executives 1984-85.
Personal Investment and Tax Planning year book, which ran into 20 editions, during the years 1990-2011.
Growth Stocks, 1991.
Finance and Profits, A guide for Non-financial Managers, which ran into four editions during the years 1991-2009.
Emerging Blue Chips, 1992.
Turnaround Stocks, 1993.
Intelligent Stock-Market Investing,1994 with a further four editions during 2000-2011.
PSU Stocks - 1994.
Sri N J Yasaswy Memorial Lectures
| Lecture | Guest | Date | Topic | Weblink |
|---|---|---|---|---|
| The Thirteenth NJY Memorial Lecture | Dr. Gullapalli N Rao, Founder Chair, LV Prasad Eye Institute | 15th Nov 2024 | Possibility of Health Care for Everyone: Our Experience |
13th NJY M Lecture 2024 invitation
13th NJ Yasaswy Memorial Lecture View Lecture |
| The Twelfth NJY Memorial Lecture | Prof. Janat Shah, Former Director, IIM Udaipur | 22th Nov 2023 | Improving the Performance of Human Development Index: Redesigning Service Delivery System |
12th NJ Yasaswy Memorial Lecture An
Invitation
View Lecture |
| The Eleventh NJY Memorial Lecture | Former Union Minister Suresh Prabhu | 24th Nov 2022 | Realising Yasaswy's Vision |
11th NJ Yasaswy memorial lecture
Eleventh NJ Yasaswy Lecutre Nov 2022 View Lecture |
| The Tenth N J Y Memorial Lecture | Mr. Jayesh Ranjan, IAS Principal Secretary to Govt. of TS Industries & Commerce (I&C) Dept | — | Role of HEIs in the Modern Context | View Lecture |
| Description | Speakers | Topic | Presided by | Date & Time |
|---|---|---|---|---|
| The Tenth N J Y Memorial Lecture | Mr. Jayesh Ranjan, IAS Principal Secretary to Govt. of TS Industries & Commerce (I&C) Dept. Information Technology, Electronics and Communication (IT, E&C) Dept., Telangan Secretariat, Hyderabad. | Role of HEIs in The Modern Context | Dr. C. Rangarajan | 3rd Dec., 2021 at 3:00pm |
| The Ninth N J Y Memorial Lecture | Prof. Jagdish Sheth, The Charles H. Kellstadt, Professor of Marketing, The Goizueta Business School, Emory University, Atlanta, USA. | India in the New World Order | Dr. C. Rangarajan | 28th Oct, 2020 at 7:30pm |
| The Eighth N J Y Memorial Lecture | Mr. Richard McCracken, Director, The Case Centre, UK. | Teaching Cases: Vision, Realization and Impact | Dr. C. Rangarajan | 8th Nov., 2019 at 11:00am |
| The Seventh N J Y Memorial Lecture | Mr. Amitabh Kant, IAS CEO, National Institution for Transforming India (NITI Aayog), New Delhi. | The Path Ahead: Transformative Ideas for India | Dr. C. Rangarajan | 1st Nov., 2018 at 6:00pm |
| The Sixth N J Y Memorial Lecture | Dr. Ratin Roy, Director and CEO, National Institute of Public Finance and Policy in the rank of Secretary to Government of India, New Delhi. | Need to Persist with Fiscal Consolidation | Dr. C. Rangarajan | 16th Nov., 2017 at 11:00am |
| The Fifth N J Y Memorial Lecture | Dr. Sanjaya Baru, Honorary Senior Fellow, Centre for Policy Research, New Delhi; Consulting Fellow for India, International Institute of Strategic Studies, London; former Media Advisor to PM, New Delhi. | The West and the Rest: The Geo-economics of a Multi- polar World | Dr. C. Rangarajan | 14th Oct, 2016 at 11:00am |
| The Fourth N J Y Memorial Lecture | Prof. M Rammohan Rao, Provost, Woxsen School of Business, Hyderabad,Former Dean ISB, Hyd. Former Director 11M Bangalore. | Excellence in Management Education - My Experience and Learning | Prof. J.M. Reddy | 3rd Nov., 2015 at 11:00am |
| The Third N J Y Memorial Lecture | Mr. Harish Bhat, Member Group of Executive Council Tata Sons, New Delhi. | The Building Blocks of Outstanding Leadership | Dr. C. H. H. Rao | 15th Oct., 2014 at 11:00am |
| The Second N J Y Memorial Lecture | Prof. Kavil Ramachandran, Thomas Schmidheiny Chair of Family Business and Wealth Management, ISB, Hyderabad. | Institution Building: Challenges, Experiences and Learnings | Dr. C. H. H. Rao | 8th Oct., 2013 at 11:00am |
| The First N J Y Memorial Lecture | Prof. V. Raghunathan, CEO, GMR Varalakshmi Foundation Hyderabad. | Defining Ethics in a Changing Society | Prof. J. M. Reddy | 15th Oct., 2012 at 11:00am |
First N J Yasaswy Memorial Lecture
Chief Guest: Professor V. Raghunathan, CEO, GMR, Varalakshmi Foundation, Hyderabad
Topic: Professor V. Raghunathan, CEO, GMR, Varalakshmi Foundation, Hyderabad
Presided by: Dr. J. Mahender Reddy, Vice Chancellor, IFHE
Date: October 15, 2012 at 11:00 am
Second N J Yasaswy Memorial Lecture
Chief Guest: Professor Kavil Ramachandran, Thomas Schmidheiny Chair of Family Business and Wealth Management, ISB, Hyderabad
Topic: Institution Building: Challenges, Experiences and Learnings
Presided by: Dr. CH. Hanumantha Rao, Chancellor
Date: 8th October 2013, at 11:00 am
Third N J Yasaswy Memorial Lecture
Chief Guest: Mr.Harish Bhat, Member Group Executive Council , Tata Sons, New Delhi
Topic: The Building Blocks of Outstanding Leadership
Presided by: Dr. CH. Hanumantha Rao, Chancellor
Date: 15th October 2014 at 11am
Fourth N J Yasaswy Memorial Lecture
Chief Guest: Prof M. Rammohan Rao, former Director, IIM-B and former Dean, ISB, Hyderabad
Topic: Excellence in Management Education – My Experience and Learning
Presided by: Dr C. Rangarajan, Chancellor
Date: 3rd November 2015, 2015 at 11:00 am
Fifth N J Yasaswy Memorial Lecture
Chief Guest: Dr. Sanjaya Baru, Distinguished Fellow, United Services Institute of India, New Delhi, Honorary Senior Fellow, Center for Policy Research, New Delhi
Topic: The West and the Rest: The Geo-economics of a Multipolar World
Presided by: Dr C. Rangarajan, Chancellor
Date: 14th October, 2016 at 11:00 am
Sixth N J Yasaswy Memorial Lecture
Chief Guest: Dr. Rathin Roy, Director and CEO of the National Institute of Public Finance and Policy, New Delhi
Topic: The Need to Persist with Fiscal Consolidation
Presided by: Dr C. Rangarajan, Chancellor
Date: 16th November 2017 at 11:00 am
Seventh N J Yasaswy Memorial Lecture
Chief Guest: Mr Amitabh Kanth, IAS, Chief Executive Officer, NITI Aayog, New Delhi
Topic: The Path Ahead: Transformative Ideas for India
Presided by: Dr C. Rangarajan, Chancellor
Date: November 1, 2018 at 6:30 pm
Eighth N J Yasaswy Memorial Lecture
Chief Guest: Mr Richard McCracken, Director, The Case Centre, UK, 2019
Topic: Teaching Cases: Vision, Realization and Impact
Presided by: Dr C. Rangarajan, Chancellor
Date: 8th November 2019 at 11:00 am.
Ninth N J Yasaswy Memorial Lecture
Chief Guest: Jagdish Sheth, The Charles H. Kellstadt Professor of Marketing, The Goizueta Business School, Emory University, Atlanta, USA 2020
Topic: India in the New World Order
Presided by: Dr C. Rangarajan, Chancellor
Date: October 28, 2020, at 7:30 pm (IST)
Tenth N J Yasaswy Memorial Lecture
Chief Guest: Mr Jayesh Ranjan, IAS, Principle Secretary, Government of Telangana, Industries and Commerce (I&C) Department, and Information Technology, Electronics and Communications (ITE&C) Department The Charles H. Kellstadt Professor of Marketing, The Goizueta Business School, Emory University, Atlanta, USA 2020
Topic: Role of HEIs in the Modern Context
Presided by: Dr C. Rangarajan, Chancellor
Date: December 3, 2021, at 3:00 pm (IST)