Online Expert Talk By Mr. Pankaj Gandhi (Speaker from IIM) CAREERS OPPORTUNITIES FOR GRADUATES IN THE FIELD OF MANAGEMENT (MBA)
REPORT ON
Online Expert
Talk
By
Mr.
Pankaj Gandhi (Speaker from IIM)
CAREERS OPPORTUNITIES FOR GRADUATES IN THE
FIELD OF MANAGEMENT (MBA)
22nd
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 22nd 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 1st Year students Coordinated
By: - Ms. Rashmi Ghamawala
1.
Jamila Kagdi
2.
Devanshi Modi
3.
Riddhi Trivedi
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