MITSOT successfully conducted the MDP on Digital Marketing on 13th July 2017 in association with TMI Networks and FICCI (Federation of Indian Chamber of Commerce and Industries) for 25 delegates . These participants were High Networth Individuals (HNI) who are the directors of MSMEs who all are registered under FICCI..
The overall theme was to impart the contemporary tools and techniques of Digital Marketing for handling marketing and advertising needs successfully which would result in the growth of the business.Prior to training there was detailed interaction between the trainer and the delegates about the contents to be delivered and the expected approach in delivery. The program was customized as per the requirement.FICCI selected 30 middle managers / entrepreneurs to undergo this specially customized training program .The MDP started at 9:30 am on 13th July with the MITSOT presentation and self introduction of delegates. The Project Director Dr. Milind Pande addressed the gathering by welcoming the participants on campus.The trainers addressed the participants on topics like Fundamentals of E Commerce business, Website Designing, Digital Marketing Strategies, Content Development and security. Lot of activities giving specific learning outcome also were part of training. The overall training was very interactive with the involvement of high level of participation from the participants. All the participants highly appreciated the program with the aspiration of attending variety of other modules once again at MITSOT.
The MITSOT Finance students Batch 2017-19 visited the Bombay Stock Exchange, Mumbai on 25th July 2017. The faculty members Dr.Rashmi Paranjpye, Mr.Bharat Ayachit & Mr Manohar Mahale accompanied the students.
The students had an interaction with Dr. Aditya Srinivas, Chief Operating Officer and Chief Economist, BSE Brokers Forum. There is strict security to enter Bombay Stock Exchange. The students were taken to the 8th floor of BSE where the BSE Brokers Forum office is located. The interaction happened in the seminar hall of BSE Brokers Forum. There were 2 batches of 20 students each. Dr. Aditya Srinivas explained about mutual funds and how the Assets Under Management for mutual funds have grown from 1.5 lac crores in 2004 to 19.5 lac crores in 2017. He also explained the process and fees for becoming a member of BSE and NSE. He told the students the benefits of acting as a broker or a sub-broker of the BSE and that students can look at it as a career.He also showed the students the live screen of NSE. He explained to them how a trade happens in the stock market. He explained the various terms such as buy quantity, buy price, sell quantity, sell price, % change in the price, 52 week high and low prices. He answered the questions of students relating to fund manager, stock broker and how the prices depend on the buy and sell quantity of shares in the stock market.At the end of the second session the speaker was felicitated by Mr. Bharat Ayachit. It was a good experience for the students of MITSOT and good exposure for them.
The MITSOT Human Resource students Batch 2016-18 & Batch 2017-2019 had visited to Bajaj Auto Ltd ,Chakan,Pune. This visit happened on 22nd July 2017 .Along with the students the faculty members Dr.Neerja Aswale, Mr.Prasad Chande & Ms Dipti Mandke felt privileged to have this industrial exposure
Bajaj Auto Ltd is located in Chakan Area in Pune .Bajaj Auto’s has in all three plants, out of which two at Maharashtra (Waluj & Chakan) and one plant at Uttranchal (Pant Nagar). These students were briefed about the history and evolution of the company. The present Chairman of the group, Mr.Rahul Bajaj, who is one of India’s most distinguished business leaders took charge of the business in 1965 is still leading the esteemed organization. During his tenure the turnover of the Bajaj Auto has gone up from INR.72 million to INR. 120 billion. Further, its product portfolio has expanded and the brand got established at global market.
Mr. Sarfaraz Khan explained the visitors about various aspects of Human resource management consisting of market scenario of human resource management in manufacturing companies and the Human resource practices deployed at Bajaj (recruitment and employee engagement). He also emphasized on legal compliance practices happening at Bajaj. Under his guidelines the visitors also visited various departments of Bajaj.
At the end of the session, the enthusiastic MITSOT students asked relevant questions on the basis of the insights provided by the speaker students. The speaker was felicitated by Dr.Neerja Aswale (Assistant Professor).It was experienced by all visitor that Bajaj was a wonderful host with beautiful ambiance inside the factory. Beautifully engraved “HAMARA BAJAJ” on the lawns.
MITSOT staff & all the students had the group photos along with the speaker
MIT School of Telecom management (MTSOT) Pune organized an invited talk by Mr. Ram Subramaniam and Dr. Rajendra Shende on 20th July 2017 for the students of 2017-19 Batch of MITSOT.
Mr. Ram Subramaniam acquired his Bachelor’s degree in Production Engineering from Madras University and Master’s Degree in Management from Stanford Business School. He started his career as an IT Analyst in fleet maintenance with Emirates Airlines in Dubai, and worked with NASA, Citibank, and DOW Chemicals in the USA before founding Shiva Corporation. The Shiva Corporation is a management consulting firm that specializes in supporting Private Equity firms and Technology companies in the United States. In 2016, he founded a Fintech advisory firm that uses Machine Learning and Analytics to recommend investment products and services to consumers and wealth managers. He offers courses in Private Equity, Social Network Analysis, and Opensource adaptation in various universities around the world. He is also on the advisory board of IIM Bangalore business incubator.
Dr. Rajendra Shende is technology and policy advisor in United Nations on implementation of activities related to ozone layer and climate protection in more than 146 developing countries. He is heading the OzonAction Branch of the United Nations Environment Programme, Division of the Technology, Industry and Economics (UNEP DTIE), with the annual budget of about US$ 25 million, with his team of 50 staff from 30 nationalities that work in UNEP’s four Regional Offices and Paris office. The resources for the Programme come from multiple sources like Multilateral Fund, GEF and nearly 16 contributing developed countries. He closely works with governments and industry to provide strategic guidance on policy and technology on multitude of benefits from global environmental accords. He is expert on transfer of environmentally sound technologies and the implementation of the Multilateral Environmental Agreements (MEAs) in the developing countries and countries with economies in transition. His current activities span across the world and include the specific capacity building and technology support projects in 147 countries that are engaged in implementation of the Montreal Protocol to protect the Ozone Layer. He has helped more than 100 national governments in developing their strategies and action plan to comply with the Montreal Protocol.
Summary of a talk on “Startup & Entrepreneurship Ecosystems”
Mr. Subramaniam addressed a gathering of more than 120 students of MITSOT at MITSOT auditorium on a theme tiled ‘Startup & Entrepreneurship Ecosystems’ from 4:30pm-6.00pm. Dr. Milind Pande (Project Director, MITSOT) welcomed him for the session and Prof. Shashank Diwekar introduced him to the audience. In his address Mr. Subramaniam emphasised on factors impacting the entrepreneurial intention. He initiated his address by describing the role of risk taking ability and its impact on the establishment of the enterprise.
He mentioned that the degree of risk taking is extremely low in Indian context. Further, He also highlighted that the out of box thinking leads to innovation. According to Mr. Subramaniam not taking risk is a biggest risk and an entrepreneur should plan for it. He stated that an appropriate plan, ability to maintain relationship and financial investments at the early stage would help the entrepreneur for establishment. The talk mentioned that young entrepreneurs from India need to create a sufficient amount of seed funding in order to minimize the risk involved in the establishment. The next speaker for this session was Dr. Rajendra Shende. In his speech Dr. Shende emphasised on 3S framework consisting of Science, Spirituality and Sustenability. He highlighted the role and relevance of aforementioned framework in developing economies. The talks were followed by a question answer session. Managing in highly competitive environment and interlinkage between science, spirituality and sustainability were the key points of the session.
Prof. Suhrudh, Prof. Jaideep were instrumental in planning, organizing and executing this event. Futher, Prof. Nitin Zadpe and Staff members of IT department provided technical assistance.
MITSOT had arranged an industry visit to National Stock Exchange (NSE), Mumbai on 18th July 2017 for the Finance students of Batch 2016-18 along with the faculty members Mr. Bharat Ayachit, Mr. Rishabh Jain & Ms Sunita Ghule.
National Stock Exchange is located in Bandra Kurla Complex, Mumbai, which is known as a finance hub of Mumbai. Various banks, NBFCs and the financial institutions have their headquarters in Bandra Kurla Complex (BKC).
NSE welcome all of us with high tea & cookies. It was a beautiful ambiance inside the NSE.
Students learnt about the history of the NSE. How it evolved from its inception since 1992. Students also got to know about Forex Trading, Equity Market, Commodities Market & Derivatives Market and how it interrelated to each other.
For forex trading they have various currencies like USD, Euro, Japanese Yen & Britain Sterling Pound. Each one of these market opens at different time hence events of one market has a positive or adverse effect on the other market.
The speaker also spoke about the importance of knowledge of stock market and how NSE conducts various certification courses which is available on their official website, and how these courses can benefit to the students in terms of learning & trading in various markets.
Mr. Vishal from NSE throw some light on the 2000.com bubble which took place in United States, what an extremely negative impact of it on the Indian stock market and how Indians lost their crores of rupees during this crises.
At the end of the session students asked so many questions and they get fulfilled with the answers given by the speaker. The speaker was felicitated by Mr. Bharat Ayachit.
MITSOT staff & all the students had the group photos along with the speaker Mr. Vijay, Mr. Anil Jawaharani (Manager).
There was an interesting session by Dr. Nitin Pangarkar, Director Academics, National University of Singapore (NUS) on June23, 2017 in the afternoon in MITSOT, Pune.
The session was about how to write and discuss cases related to your domain and was conducted for faculty and staff of MITSOT.
He had mailed articles written by him on Red Bull, Asia Pacific Breweries and on expanding and diversifying a family business. It was an interactive session for about 2 hours.
Points discussed during the session: Preparing a case study:
The points discussed by Dr. Nitin Pangarkar with faculty members of MITSOT were:
Cases can be written in all domain areas. Companies which were doing better earlier but are now in trouble can be discussed and written. These cases are interesting as these companies are also known so everybody can understand the case.
While discussing cases in the classroom, 1 big case can be discussed in one session of an hour.
Headlines can be used for discussion in the class.
Cases are context for discussion eg. Airbnb, Singapore airlines.
Why are some companies closing shops? Is there any link to profitability? Eg. Tata Docomo
Comparison can be done on the basis of cost structure of companies. Eg. Telecom companies have a bigger component of fixed costs whereas company such as Oyorooms has more variable costs.
Sources for preparing case studies:
Some sources for preparing cases are
Magazines such as The Economist, Fortune.
Websites such as Yahoo Finance
Success stories and failures.
Success followed by failure.
Case Study and Newspaper article:
There was also a discussion on the difference between writing a case study and newspaper article. He explained that in a newspaper article state the facts but do not praise the company. Write generally in one sentence about the company. Case Examples:
He also discussed which cases can be more interesting, less interesting and boring in the class for students with examples of companies. Companies which are existing for a long time and are growing steadily can be boring whereas companies which are new and can be more interesting.
For example, OYO Rooms, Ola taxi, Patanjali, Reliance Jio etc can be interesting case studies for discussion in the current scenario.
Data can give competitive advantage to companies – Big Data Experts
While telecom industry is going through tough times, Big Data will have a big impact and will give competitive advantage to companies according to experts. MIT School of Telecom Management (MITSOT) as a part of its World Telecommunication Day program had organised a special Conference focusing on “Big Data for Big Impact” at MIT- WPU premises at Kothrud, Pune.
Mr. Mohan Sathe, Vice President – Operations, Global Sourcing Group (Chief Guest), Dr. Sunil Patil, Managing Director, Indus Valley Technologies (Guest of Honor), Mr. Prashant Pansare, Managing Director, Inteliment Technologies (Conference Chairman) and Dr Milind Pande, Project Director, MITSOT were present at the Inaugural session.
The annual MITSOT Telecom Awards were also given away on the occasion to leading organizations who have performed exceedingly well in their respective sectors like Telecom, ICT etc.
The companies who received the Awards for 2017 included REDINGTON INDIA LTD (Excellence in Supply Chain Solutions in IT and Digital Life Style Products), SIGMA OSS SYSTEMS INDIA PVT. LTD. (Excellence in Catalog-driven software solutions for communications, media, and high-tech companies), SCHNEIDER ELECTRIC INDIA (Excellence in reducing energy expenses, meeting sustainability goals, improving performance and guaranteeing uptime for telecom players as well as deploying & operating data centers for telecom services while using colocation & cloud services to increase revenue), LAVA INTERNATIONAL LTD. (Excellence in Mobile Handset Manufacturing (Make in India) and SAVEX TECHNOLOGIES PVT. LTD. (Excellence in Information & Communication Technology Distribution Services)
A panel discussion on “Big Data for Big Impact” was held on the occasion. Mr. Vinay Gupta, Head – Data Analytics & Business Excellence, Suzlon Group moderated the session while experts including Mr. Bhupesh Gahrotra, Vice President – Technology, Accenture Solutions, Mr. Kishor Himane, Director – Global Services, PTC India, Mr. Sanjay Patwardhan, Head – BI and Data Analytics COE, Cybage Software and Mr. Prasad Deore, Regional Head, NASSCOM participated in the discussion.
Mr. Mohan Sathe in his Keynote Address said that while telecom industry was witnessing turbulent times, this challenge should be taken as an opportunity . All the big enterprises today require big data to get more clarity on their operations and therefore students of Telecom should also look at other enterprises for career opportunities other than just Telecom companies. Dr Sunil Patil said that change in the business dynamics is driving the overall change. Dynamics have shifted to demand side and telecom companies need to be consumer centric. Revenue generation today has to come from data as voice is free. Also companies need big data for optimizing internal operations and reducing costs. Also Digitization in companies is bringing about a big digital transformation. However all said and done, ultimately data should help solve challenges and issues we face everyday.
Mr. Prashant Pansare said that Telecom today is labelled as Data Centric Business. There is a lot of raw data available but it needs to be analyzed in the right manner for it to give the competitive advantage. He also complimented MITSOT for organizing such Conference since it facilitates industry-institute interaction and that too on such important subjects. He said that everyone talks of the bridging the gap between the Industry & Academics but these kind of initiatives, which witnessed participation of management students in such large numbers was indeed heartening and a welcome step.
Dr Milind Pande welcomed the Industry delegates while Dr. Jaideep Jadhav, Head – Examinations, MITSOT presented the vote of thanks.
Welcom Address by Dr Milind Pande, Project Director, MITSOT
Address by Mr. Mohan Sathe, Vice President – Operations, Global Sourcing
Address by Dr. Sunil Patil, Managing Director, Indus Valley Technologies
Address by Mr. Prashant Pansare, Managing Director, Inteliment Technologies
Mr. Bimal Dayal, CEO, Indus Towers Ltd visited MITSOT on 14th June and interacting with our Students & Faculty. The association of MITSOT and Indus Towers continues since the past 8 years and his presence & expertise during the interaction added immense value to the overall proceedings.
The session was a fantastic learning experience for the Students and faculty alike. Sharing of his vast experience and your life journey was a great motivation for everyone present. His inputs on the current industry scenario and the telecom sector in particular was an eye-opener. This analysis could only have come from an Industry veteran like Mr. Dayal. He also spoke on Indus Towers’ values ‘EXCITE” which focus on Excellence, Customer, Integrity, Teamwork and Environment. He also appreciated the fact that MIT Group of Universities too believes in imparting value based education to their students and that Indus Towers too believes in these values.
MITSOT is also grateful to him for consenting to the collaboration between Indus Towers & MIT Group of Universities which was proposed during the interaction with the faculty members. The next meeting which will be held with your Chief of Technology & his team along with MIT Group of Universities will identify new avenues for collaboration across different areas such as research, projects etc. This industry-academic partnership will significantly go a long way in strengthening our association in the times to come.
Every year, International Telecommunication Union (ITU) organizes World Telecommunication and Information Society Day (WTISD) with an objective to help raise awareness of the possibilities that the use of the Internet and other Information and Communication Technologies (ICT) can bring to societies and economies, as well as of ways to bridge the digital divide.
Since its inception in 2007, MIT School of Telecom Management (MITSOT), Pune has been taking forward this vision by celebrating this important initiative and awarding leading ICT players for their outstanding contributions in their respective fields.
ITU’s WTISD theme for 2017 is “Big Data for Big Impact”. Focusing on this theme, MITSOT has organized a half-day Conference on Friday, 21st July 2017 at Sant Dnyaneshwar Hall, MIT Kothrud Campus, Pune from 10 am to 2 pm.
Leading experts in the field of Big Data Analytics will share their expertise and experience vide their address and as panelists at the Panel discussion. This Conference is chaired by Mr. Prashant Pansare, Managing Director, Inteliment Technologies India Pvt. Ltd.
Some of the Experts at the Conference include :
Prashant Pansare, Managing Director, Inteliment Technologies India Pvt. Ltd.
Sunil Patil, Former Director, Symbiosis Institute of Telecom Management (SITM)
Vinay Gupta, Head – Data Analytics & Business Excellence, Suzlon Group
Kishor Himane, Director – Global Services, PTC India Ltd.
Sanjay Patwardhan, Head – BI and Data Analytics COE, Cybage Software
Prasad Deore, Regional Head, NASSCOM
Post the panel discussion, we will have presentation of MITSOT Telecom Awards. These will be presented to select Organizations to felicitate & commemorate the Excellence that they have achieved in their respective fields (related to Telecom, Information, Community, Technology etc.). The organizations who will receive the awards include :
REDINGTON INDIA LTD. – “Excellence in Supply Chain Solutions in IT and Digital Life Style Products”
SAVEX TECHNOLOGIES PVT. LTD. – “Excellence in Information & Communication Technology Distribution Services”
SIGMA OSS SYSTEMS INDIA PVT. LTD. – “Excellence in Catalog-driven software solutions for communications, media, and high-tech companies”
SCHNEIDER ELECTRIC INDIA – “Excellence in reducing energy expenses, meeting sustainability goals, improving performance and guaranteeing uptime for telecom players as well as deploying & operating data centers for telecom services while using colocation & cloud services to increase revenue”
LAVA INTERNATIONAL LTD. (LAVA MOBILES) – “Excellence in Mobile Handset Manufacturing (Make in India)”
STERLITE TECHNOLOGIES LTD. – “Excellence in Optical Communication Products & Telecom Software”
SAMSUNG PAY – “Excellence in Mobile Payment Service”
AMDOCS INDIA – “Excellence in Software & Services to the world’s most successful communications and media companies”
CIO DIGITAL FOUNDATION – “Excellence in transforming India into digital empowered country by adopting technology and building the skill gap between the talent pool and the industry”
Participants at the Conference will include Industry delegates from different sectors as well as select post graduate management students specializing in Telecom Systems, Finance, Marketing and HR.
ICICI direct Centre for Financial Learning (ICFL) is an initiative of ICICI Securities Ltd. set up with an objective of simplifying financial knowledge and increasing financial literacy. ICFL training programmes are categorized under Investment Education Programmes and Professional Certification & Development Programmes. More than 4 lakh students, professionals and investors have acquired practical knowledge through various ICFL programmes over the years. ICICIdirect Centre for Financial Learning has been conferred with the Award for Innovation in Learning and Best Online Learning Solution at the World Education Congress. It also won the Emerging Brand Award at CMO Asia in Singapore.
ICICIdirect Centre for Financial Learning has gained industry expertise through years of practice in the domain of Financial Services. The world of Finance in general financial services in particular is becoming more and more specialized. This has resulted in a need of global professional industry certifications which are tailor made with global outlook and industry requirement. Delivery of training on these certifications by an Industry leader results in further extension of knowledge as they add to it the ‘Practioner’s Approach’. With this perspective, ICFL is pleased to associate with MIT School of Telecom and Management Studies for its Centre for Excellence in Finance.
The association between MIT School of Telecom and Management Studies and ICICIdirect Centre for Financial Learning aims to offer some benefits mentioned below to the students of MIT School of Telecom and Management Studies.
Bridge Skill Gap: Bridge gap between industry requirements and academic output by enhancing the competencies of students
Specialized Domain Skills: Acquisition of specialized skills and knowledge by students through Globally Recognized Certifications
Practical Curriculum: Training from practitioners to acquire a practitioner’s outlook
Expert Faculty: Access to experienced faculty from all over India
The ICICIdirect Centre for Financial Learning (ICFL) aims to address the learning needs of students in the domain of Finance through its Professional Certification and Development Programmes that have a practical and implementable approach. These programmes are focused to create next generation leaders by expanding the pool of qualified and certified professionals in the industry. They are also focused to provide better employment opportunities and competitive advantage over others.
The various Professional Certification and Development Programmes offered by ICFL are
Training for international certifications like Certified Financial Planner (CFPCM) and Chartered Financial Analyst (CFA®)
Joint Certificate programmes in Stock Markets with National Institute of Securities Markets (NISM)
Certification programmes in Finance in association with esteemed institute’s like XLRI Jamshedpur, Indian Institute of Management ( IIM )Indore, Frankfurt School of Finance & Management (FS), International Management Institute (IMI), New Delhi and All India Management Association (AIMA)
Workshops on Capital Markets
Mode of Delivery: The mode of delivery of these programmes is through ICFL’s Virtual Classroom( V-Class)
V- Class is ICFL’s endeavor to introduce a platform that has features of real-time virtual interactions where virtual lectures are delivered by the expert faculties, industry professionals and academicians. Equipped with its numerous functionalities, V-Class provides the student flexibility to attend the program at his/ her convenience from college lab and home on any device (for e.g. desktop, laptop or a hand held device). The student has access to the recorded sessions which is subject to necessary approvals.
To know more about the programmes offered by ICFL, Click here