Faculty Development Programe on the topic “Analytics for decision making”

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Understanding the importance of Analytics in today’s scenario, I.T.S Mohan Nagar, Ghaziabad has organised a Faculty Development Programe on the topic “Analytics for Business Decision” on 19th and 26thAugust 22. The resource person for the same was Dr. Ashish K Jha. In this FDP total of 30 faculty members have participated.

Month Of Events:

Aug

Date Of Events:

Year Of Events:

2022

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Full Date Of Event:

Friday, August 26, 2022

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On the first day of FDP, Dr. V N Bajpai (Director) has inaugurated the event and he said that in today’s scenario business decisions are being taken on the basis of analytics. He also emphasise on the importance of analytics in the different area of management.

Dr. Ashish Jha has shared and shown how decisions related to various methods of pricing are being taken in the industry. He trained the participants on Price skimming, Linear pricing and other types of pricing.

On second day of FDP (26th August) the trainer has taken the session on the topic “Customer Life time Value”. He discussed, how to calculate the customer lifetime value in a company. During the session he has taken the case of Netflix to calculate the CLTV.

Overall the session was fruitful for the participants.