The Justice KS Hegde Institute of Management conducted its 16th graduation day ceremony at Nitte in Udupi district on Monday. H Kumar, Managing Director of Mangalore Refinery and Petrochemicals Ltd, who delivered the graduation day lecture, said the value system, integrity and discipline will lead to an individual to achieve true success in professional and personal life. K Sankaran, Director of the institute, presented the annual report of the institute. S Ramananda Shetty, Vice-Chancellor of Nitte University, presided over the programme.