Department of Management organized Faculty Interaction under the RDC.

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Faculty Interaction was organized by Research Development Cell to capture the need of analytics skill sets by the faculty. Twelve faculty members attended the session.

Prof. Hemant Purohit initiated the session by telling the importance of analytics skill set to be acquired by the ITS students preparing for forthcoming placement process in I.T.S.

Prof. Lokesh enquired about the tools relevant to the students and he was told that besides tools, the process of analytics to be understood holistically.

Dr. Charu and other HR faculty members were curious whether the current state of our students is sufficient or some add on market relevant skills are needed, if yes, then how to acquire these skill set(s). Prof. Hemant explained in detail and was of the view to get the new role profile the skill sets pertaining to analytics have to be acquired by doing hands on by the workshop mode.

Month Of Events:

August

Date Of Events:

Year Of Events:

2018

Image Of Events:

Full Date Of Event:

Friday, August 31, 2018

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Faculty of finance enquired about data audit and also informed that lot of finance functions are being taught in MS-Excel, students are trained to do financial analysis on MS-EXCEL. Prof. Hemant clarified and also told that using MS-Excel for analysis is also Analytics which is used in DDD (Data Driven Decision) process in modern organization.

Prof. Hemant shared one example related to Bajaj Finserve, Pune, where the input from Head-Analytics, that they look for students to use simple Excel application to predict employee churn time, rather to go for expensive and sophisticated software packages.

Finally, Prof. Hemant wrapped the session by emphasizing that skill sets of analytics with industry relevant and in holistic manner from domain to business process, tools, techniques used to help business in order to create value for the customer and organization itself.