Online Expert Talk By Mr. Pankaj Gandhi (Speaker from IIM) CAREERS OPPORTUNITIES FOR GRADUATES IN THE FIELD OF MANAGEMENT (MBA)

 

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Online Expert Talk

By

Mr. Pankaj Gandhi (Speaker from IIM)

 CAREERS OPPORTUNITIES FOR GRADUATES IN THE FIELD OF MANAGEMENT (MBA)

22^nd June, 2021

 

NCM  F.Y and S.Y students participated in an excellent Live Talk on Careers Opportunities for Graduates in the field of Management delivered by  Mr. Pankaj Gandhi (Speaker from IIM) held on 22^nd June, 2021 organized by Bhagwan Mahavir College of Management at 10:30 AM.

This Live Talk aimed on explaining youths about Careers Opportunities for Graduates in the Field of Management where the objective was to make youths aware about the importance of MBA in one’s life.

           

About Speaker

Mr. Pankaj Gandhi is a member of the Scientific Advisory Research committee of P P Savani University. He has a rich experience of twenty six years in the field of research and development, industries and in academics. He has published 25 research papers in leading international journals and conferences in the area of nano-science, nano-technology and local drug delivery systems. One of his research papers in the area of computer based clinical trials was published in the international conference at Cambridge Health Tech Institute, Boston-USA.

Explained the importance of Management Education as below:

He started session with a reason for the demand for management education where he mentioned few reasons such as globalization, innovations in business, cost reduction, quality improvement, large pool of labor force, etc.

·         An MBA degree is a pre-requisite for advancement in some industries and beyond certain positions. Another benefit of why you get an MBA is that it lets you change career paths. Thus, completing your Masters of Business Administration in a specialty of your choice opens doors to new and better career opportunities.

·         An MBA degree has worldwide credentials and is country-agnostic. It prepares you to work in any environment and country.

·         The development of knowledge that a Masters in Business Administration program offers is another reason why you should get an MBA.

 

       Explained the advantages of studying MBA stated as below:  

·         Develop advanced and flexible management skills

·         Manage difficult situations

·         MBA degree forces you to get out of the comfort zone.

·         Prepare for a changing business environment

·         A lot of MBA specializations to fit your exact goals

·         Access to an extensive business network

·         Start your own company from scratch

·         A career change and thriving business opportunities

Explained the Domain of Management Professionals in the 21st Century

o   Digital Business

§  Digital Marketing

§  Digital Finance (Crypto Currency)     

§  Digital Money (Paytm, Google pay and many more)

o   No Office / Factory Set Up to carry out Business

§  Uber, OLA, Jugnoo

§  Food panda, Big Basket

§  Virtual Working

o   Young Pool of Entrepreneurs for innovative Business ideas

§  Joint Ventures

§  Venture Capital Finance

§  Management Support to convert idea into the business reality

o   Face Change of HR Domain in Post Covid - 19 era

§  WFH-Work From Home

§  Online Meetings (Zoom, Google, etc.)

§  Task Oriented Work Model (project based assignments)

o   Focus on Core Strengths of Business

o   Focus on "Make in India" drive by PMO

§  Start ups and new developments (SSIP Cells)

§  Promoting Entrepreneurial Developments

§  IPRS and its Management

o   Family Businesses of India are competing with MNCs

§  Balaji Wafers, Hero Group, Piramal, Birla, Asian Paints, Adani, Kirloskar

o   Sustainable Business Management

§  Green Energy, Green Business, Reduction of Pollution

o   Development of IT sector

o   Importance of Information & Data Management

o   Use of Data Science and Data Analytics

§  Cross-database analytics

§  Big data analytics

§  Deep data analytics

§  Forecast analytics

§  Financial risk management

§  ROI analytics

§  Simulation applications

§  Statistical applications

o   Use of Al + ML in Business

o   Industry 4.0 (IoT)

·         Explained the sectors where Management Professionals would be required in 2025.

·         He explained 5 Skill Sets which would be required by Professionals in 2025 which included Critical Thinking, Analysis, Problem Solving, Self – Management and Active Learning.

·         He explained 4 Pillars of Vision 2025 which included Technology and Automation, Future Scope of Business Services, Business Environment, and Future Workforce.

·         He explained Hierarchy for Get Smarter Skills which included Digital Capability, Functional Expertise, Analytical and Critical Thinking, Interpersonal, and Leadership.

·         He defined the how MBA helps a student in getting a better life.

·         He stated “MBA is the only course which develop the students from 360° perspective for the skill sets required by the professionals in 2025”.

·         He showed few examples of MBA Graduates who have achieved a Higher Position in their lives.

·         From the entire session, the takeaway is that MBA Programme is an important course to build up our personality.

Prepared By - MBA 1^st Year students                                                Coordinated By: - Ms. Rashmi Ghamawala

1.      Jamila Kagdi

2.      Devanshi Modi

3.      Riddhi Trivedi