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Dr. Suresh Borkar visited MITSOT from 5th August to 12th August.

Dr. Borkar  is a member of the faculty in the Electrical and Computer Engineering (ECE) department at the Illinois Institute of Technology (IIT), Chicago. He is President of Telek Solutions, a knowledge share company, and also a Senior Principal Investigator with Roberson and Associates, a technology and management company based in Chicago.He conducted formal classes with PGDM Systems Senior batch on “Career Management in ICT “from 5th August to 11th August. The deliberations emphasized on the current trends and practices of ICT utilization further the lecture has also covered the career prospects related to ICT.  The key aspect of the session was also emphasizing on leveraging differentiation and competitive advantage through ICT. The traditional career model was introduced first. The current emphasis on silo developments with platform based solutions is covered and the associated roles and responsibilities from testing to customer management are identified. Soft skills, e.g., teamwork, decision making, and the imperative of being solutions oriented are emphasized. In the coming future, the need for multi-disciplinary solutions based on thematic approach to meet the requirements for smart City applications are discussed. He also gave some insights on IoT solution requiring skills in areas of massive data crunching and operating in collaborative global teams.On 11th August he conducted an MDP session for Industry Delegates on “Artificial Intelligence – The Growth Engine”. It was very much appreciated by the Industry delegates because of its novel and relevant content with special reference to the given Industry context.

On 12th August he addresses the PGDM Junior Systems batch on New Telecom Technologies.

Management Development Programme (MDP) with Dr. Suresh Borkar, Sr. Faculty Member, Illinois Institute of Technology, Chicago, USA.

MIT School of Telecom Management (MITSOT), Pune recently organized the 10th edition of its annual initiative i.e. Management Development Programme (MDP) with Dr. Suresh Borkar, Sr. Faculty Member, Illinois Institute of Technology, Chicago, USA. The session this year was scheduled on Friday, 11th August 2017 from 3 pm to 5.30 pm at Hotel Deccan Rendezvous, Apte Road, Pune. Dr. Suresh Borkar, apart from his vast academic experience has also spent relatively long time in the Industry, as Former MD & CTO of Tata Lucent Telecom Joint Venture and Lucent India Inc. The focus of the Interaction was “Artificial Intelligence – The Growth Engine”, a subject which is very much relevant in today’s challenging times.The interaction focused on varied areas such as AI Framework comprising of Services, Architecture & Technology, AI – Utopia or Dystopia and its application in the Indian context. He highlighted that AI is currently used in different industry sectors such as Manufacturing, Logistics, Transportation, Healthcare, Financial Services & e-commerce, Education, Home, Agriculture, Military Systems etc. He also spoke on the Key factors enabling AI which include Internet of Things (IoT), Growth in Big Data and Innovations relying on Computer-based Vision, Speech Recognition and Natural Language Processing. He also focused on current AI advances as well as Research Areas and key AI players such as Google, Microsoft, Apple, Facebook, Amazon, Alibaba, and Baidu as Users, Platform and Service Providers, and Researchers.In conclusion he also stressed on the areas of concern with relation to AI such as its Impact on Employment, likely domination by two or three large general purpose Cloud-based Commercial Enterprises, much bigger impact in developing economies than in rich ones, the ethical dimension and societal issues, Rights to Privacy and protection of personal data, diminishing interpersonal interaction etc.Around 35+ senior professionals from leading organizations such as Indus Valley Technologies, Indus Towers Ltd., Capgemini Technology Services, Sigma Systems India, Uberall Solutions India, Boston IT Solutions, GTL Ltd., Bhate & Ponkshe and many more as well as faculty members from select Management & Engineering Institutes participated in this Interactive Session.

The overall feedback at the end of the session was that it was a great learning for all those who were present & that these kind of sessions will certainly go a long way in enhancing the continuous engagement between institutions like MITSOT and the Industry.

Earlier, Dr. Milind Pande, Project Director, MITSOT felicitated Dr. Borkar and remarked on his long association with MITSOT over the past many years.

MITSOT Foundation Day Celebration 1st August 2017

It was a privilege for the Team MITSOT (Hon. Executive Director, Hon. Project Director, Faculty members, Staff and Students) to celebrate 10th Foundation Day of MITSOT. This celebration happened on 1st August 2017. The celebration began with a business quiz conducted for the faculty and staff members. This quiz was hosted by Prof. Shashank Diwekar and Prof. Amit Sinha. It was a tough fight for both group A and group B which was finally won by group B. Further, the celebration was continued by revisiting the MITSOT video.Dr. Yogesh Bhalerao (Principal, MIT AOE) attended the celebration as an esteemed guest who shared his experience with MITSOT and his feelings towards Dr. Milind Pande (Hon. Project Director MITSOT). His speech was followed by felicitation of dedicated staff and faculty members. Mr. Arun Patil, Mr. Avinash Patil, Ms. Rekha Phathak, Mr. Shikant and Prof. Rajashri Kadam were felicitated for their dedicated contributions. Prof. Suhrudh, Prof. Jaideep, Mr. Arun Patil and Mr. Avinash Patil shared their feelings about MITSOT.In his brief speech Dr. Milind Pande (Hon. Project Director MITSOT) discussed various aspects related to inception and journey of MITSOT. In his speech he has discussed about prospects and challenges of MITSOT. He mentioned that the united effort of everyone and timely achievements (like NIRF ranking) have helped MITSOT in creating its niche. He also mentioned about his expectations from the MITSOT team and mentioned that the team need to take the organization at new heights.Prof. Divekar was master of ceremony. Prof. Sharayu Patil has taken efforts in making the celebration memorable one. The MITSOT team members captured memories of the ceremony by having snaps with Hon. Project director. Mr. Utkastsh (Systems Student Batch-2017-19) clicked wonderful snaps of the ceremony.

Photo Gallery

Mr. Gautam Karmakar’s Iivited Talk at MITSOT, Pune, India

MIT School of Telecom management (MTSOT) Pune organized an invited talk by Mr. Gautam Karmakar National Head- CE ( Strategic and Govt Accounts)- Airtel Business at Bharti Airtel Limited, alumini of SITM on 4th August 2017 for the students of Systems and Marketing Specialization (Batch 2016-18). Before his address discussion he interacted with the Hon. Project Director Dr. Milind Pande and faculty members of MITSOT.

Profile of Mr. Gautam Karmakar

Mr. Gautam is an Electronics & Telecommunications Engineer and a proud alumnus of Symbiosis Institute of Telecom Management. He has close to 1.5 decades experience of Telecom Industry with special reference to functions pertaining to sales and operations. During his tenure his KRA’s were consisted of both Managerial and Leadership Roles related to operations management and business development. He has been instrumental in enriching the customer experience from satisfaction to delight. Mr. Karmakar’s brilliant academic achievements have created a career opportunity as a Management Trainee. He started his career with Bharti Airtel Ltd under the young leader program and moved up the corporate ladder. At Bharti Airtel Ltd, he handled various tactical and strategic roles like Key Account Manager, Business Head (Hyderabad) and Regional Business Manager of Airtel. Presently, he is the Chief Service Officer for South India (Airtel Business) and is responsible for project implementation, service assurance post project delivery. He is a rare mix of technical expertise, a natural business sense, quick learner with an eye for detail and in depth study, clubbed with his passion for excellence..

Summary of a talk on “Opportunities and Challenges in Telecom Industry”

Mr. Karmakar addressed a gathering of more than 40 students of MITSOT at class room No. 503 on a theme tiled ‘Opportunities and Challenges in Telecom Industry’ from 3:30pm-4.30pm. Dr. Milind Pande (Project Director, MITSOT) welcomed him for the session and Prof. Sangeeta Dokey introduced him to the audience. In his address Mr. Karmakar emphasised on the various opportunities available for the students of marketing and system specialization. He initiated his address by describing the role of acquiring skills in order to get a desired designation. He justified that relevant certifications help in creating opportunity in an industry as it acts as a qualification criteria. He mentioned that the industry looks for an innovative idea that offers competitive advantage. In order to elaborate this perspective he shared his experiential learning with the audience. According to him, simplicity works when it comes to writing CV and facing an interview. During the Q&A, he mentioned that start-up companies offer more learning opportunities at the cost of risk whereas in case of established organizations the both learning opportunities and risk are less. He highlighted the importance of performance in the context of designing one’s career path. He concluded the session by mentioning that career is a choice and the path is never fixed.

Prof. Dokey proposed vote of thanks in order to conclude the session formally.

MDP on Digital Marketing in association in association with TMI Networks and FICCI

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.

Visit to Bombay Stock Exchange, Mumbai

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.

Industrial Visit : Bajaj Auto Ltd ,Chakan,Pune

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

Invited Talk by Mr. Ram Subramaniam & Dr. Rajendra Shende

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

Brief Profile 
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

Brief Profile 
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.

Mr. Subramaniam addressing students
Dr. Rajendra Shende interacting with students

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.

Industry Visit – National Stock Exchange Mumbai

National Stock Exchange (Mumbai), 18th July 2017

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 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).

Sessions on Case Study by Dr. Nitin Pangarkar National University of Singapore

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.

Dr Nitin Pagarkar With Dr Milind Pande and MITSOT Faculty Members

Points discussed during the session:
Preparing a case study:
The points discussed by Dr. Nitin Pangarkar with faculty members of MITSOT were:

  1. 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.
  2. While discussing cases in the classroom, 1 big case can be discussed in one session of an hour.
  3. Headlines can be used for discussion in the class.
  4. Cases are context for discussion eg. Airbnb, Singapore airlines.
  5. Why are some companies closing shops? Is there any link to profitability? Eg. Tata Docomo
  6. 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
  • Student projects
  • Success stories and failures.
  • Success followed by failure.
  • Corporate Governance

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.