Getting together

In the course of just one week, first year MBA students of the 2019-21 batch at IIT Kharagpur’s iconic management school, Vinod Gupta School of Management, not only interacted with industry experts, but also picked up cues from business areas – such as the print industry – and made field visits. For example, a visit to the Kharagpur railway workshop, the largest maintenance workshop of the Indian Railways, to understand the production processes.

First day at VGSoM for Batch 2019-21

The thrust of the orientation process was to make students aware of the uniqueness of the management school. As Prof. Prabina Rajib, Dean, VGSoM, put it, “At VGSoM, which is not a stand-alone Business School, students are part of a bigger system. The purpose of the program is to get the students acclimatized to the greater IIT Kharagpur community.”

Not surprisingly, faculty from the different Schools and Centers of IIT Kharagpur were part of the orientation process. Unlike many other management schools, VGSoM, given that it is part of the IIT Kharagpur ecosystem, has the option of giving its students exposure to various emerging fields of study.

Prof. Surojit Mookherjee of VGSoM explained, “The future is very uncertain in terms of technological changes, advent of AI, ubiquitousness of social media, disruptions in technical, social and political ecosystems and it is in this scenario that today’s youth will have to struggle, fight and take this country forward.”

Prof. Prabina Rajib with Mr. Indranil Das (extreme left) and Dean PG, Prof. P.K. Das

VGSoM offers students the unique opportunity to have an integrated approach to technology and various other challenging fields of study under one roof. Students can choose electives in topics such as Artificial Intelligence, which they learn from top experts in the field associated with IIT Kharagpur Centre of Excellence for Artificial Intelligence. Again, since IIT Kharagpur has its own law school –Rajiv Gandhi School of Intellectual Property Law – students of VGSoM have the option of picking IPR as their elective and have the course work taught by IPR experts.

Besides, VGSoM has emerged a top option for students in new electives such as Business Analytics, Internet of Things, Cyber Security and so on. Shubham Paul, a new entrant, put things in perspective when he said, “I was always interested in techno-management and given that VGSoM has made quite a name for its Business Analytics, I opted to be here.”

VGSOM, which has moved to the 6th position in the 2019 QS World University Rankings of Indian Business & Management Studies universities, and was also adjudged the 6th best management institute in India under the 2019 NIRF Rankings, has admitted a total of 114 students this year. Students from SAARC nations have also been admitted in the MBA program this year.

At Kharagpur railway workshop

The number of female students – 21 this year – has seen a significant rise from the previous academic year. Most of the students have good exposure to the corporate world, as their average work experience is 20 months. Asked why she had opted for VGSoM, Devanshi Ahuja, an electrical engineering student, said, “I am from the engineering background and VGSoM offered the best environment for engineers. Besides, I had always wanted to come to IIT Kharagpur and had missed coming here for my BTech.

Prof. Rudra Prakash Pradhan of VGSoM said, “The orientation programme seeks to create a collegial environment among students coming from different socio-economic, regional and academic backgrounds. One of the key agenda is to instil a managerial education orientation among students, promote interpersonal interaction and sow the seed of holistic self- development.”

Inside Kharagpur railway workshop

The sessions on Team Building and Academic Integrity were aimed at nurturing a positive attitude among students, and those on business etiquette were meant to orient students to rethink business manners, dress code, verbal and non-verbal cues – all necessary for future managers in the corporate world. Similarly, the sessions on banking essentials, learning business from cases and learning business from newspapers were the key sessions which will provide a platform for students to understand different business situations and help them comprehend and make constructive managerial decisions.

The program kicked off on July 12 with a lecture by Mr. Indranil Das, Head-Middle East, Ericsson, who shared with students his deep insight into what the future holds for them and how they will gain from the technology revolution awaiting us.

Business Analytics Placement Scales New Heights

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The Final Placements for the Postgraduate Diploma in Business Analytics Programme of IIM Calcutta, ISI and IIT Kharagpur for the 2017-2019 batch concluded with the batch of 52 receiving a total of 66 offers made by 35 firms.

The programme which has been ranked top in India and 14th globally among full-time business analytics course by the QS Rankings has witnessed a record increase of 11% in domestic offers alone with the mean salary going upto Rs. 24.40 lakh per annum. The highest domestic offer made was ₹35 LPA. The overall average CTC has risen to ₹25.05 lakh per annum from ₹22.89 lakh per annum last year.

BFSI made up for about a third of the total offers emerging as the biggest sector. The major recruiters from the final placements include JP Morgan Chase, Adani Group, Viacom18, Myntra, Flipkart, United Airlines, Piramal Group. Two international offers were also received.

With an impressive conversion rate of 63.5%, the PPOs make up the majority of the offers made. The major recruiters in the internship process included DE Shaw & Co, ABInBev, Amazon, PwC, Barclays, Gartner, Johnson & Johnson, Master Card. The average monthly stipend of the internships bettered last year’s number by 22.8% reaching ₹1,13,565/- this year. The median monthly stipend rose by a remarkable 29.4% to reach ₹1,11,100/-.

“The outstanding placements this year demonstrates to our focus on academic excellence and appreciation of PGDBA Program by Industry,” Professor Arun Misra, Faculty and Placement Convener of the PGDBA programme from IIT Kharagpur.

Post Graduate Diploma in Business Analytics is a 2-year full-time residential program in Business Analytics and Data Science started jointly by three premier institutes of the country – IIM Calcutta, ISI, IIT Kharagpur. The elite institutes lend their expertise in enriching the course curriculum with Statistics, Machine Learning and Computing and their contemporary Business applications in the Analytics industry.

Business Analytics Program Ranked 2nd in QS Asia

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The Postgraduate Diploma in Business Analytics (PGDBA) jointly offered by IIT Kharagpur, IIM  Calcutta and Indian Statistical Institute has been ranked as top in India and 2nd in Asia by QS in the category business analytics courses. The course has been ranked 14th globally in the category.

PGDBA is a two-year full-time residential diploma programme aimed at creating business analytics professionals employable by leading Indian and foreign firms. This programme is designed for those who have an analytical mindset, are interested in tackling challenging business problems, and possess an inclination towards mathematics.

“This programme is designed for those who have an analytical mindset, are interested in tackling challenging business problems, and possess an inclination towards mathematics. It aims to help shape the emerging profession of business analytics by delivering a cutting-edge interdisciplinary educational experience to graduate applicants with an aspiration of building a career in this field” said Prof. P K Das, Dean, Postgraduate Studies and Research at IIT Kharagpur.

The programme which was launched in 2015 also witnessed resounding success in placements in 2018 with a 26% rise in mean salary (international inclusive). The industries recruiting these Business Analytics professionals are spread across BFSI, Consulting, Healthcare, Telecom and FMCG with BFSI in a variety of roles spanning Sr. Data Scientist, Machine Learning Scientist, Associate – Strategy Analytics, Manager – Advanced Analytics and Risk Analyst.

Students will visit the three institutions – Indian Statistical Institute, Indian Institute of Technology Kharagpur, and Indian Institute of Management Calcutta. Each of the three institutes will focus on a separate area of business analytics, in accordance with its expertise and competence.  At IIT KGP, Vinod Gupta School of Management is coordinating this program with faculty members of the School along with those from the Dept. of Computer Science and Engineering, Dept. of Mathematics and Rajendra Mishra School of Engineering Entrepreneurship involved in teaching various subjects. The students are also required to do an internship of six months duration on an analytics project in a business organization.

“While coursework at IIM Calcutta focuses on the application of analytics in functional areas, Indian Statistical Institute brings to the table its expertise in statistical and machine learning theories for analytics, and faculty at IIT Kharagpur engages with the technology aspects of analytics in addition to offering electives in management domain with focus on application of analytics in functional areas,” said Prof. Prabina Rajib, Dean, Vinod Gupta School of Management.

The program is unique in its collaborative approach with India’s three top institutions with admission, placement (both internship and final) processes jointly by all three institutes. “This shows how collaboration between the best can really make a top-notch programme,” remarked Prof. P P Chakrabarti, Director IIT Kharagpur

For more information visit: http://www.pgdba.iitkgp.ac.in/index.html