ICFAI Business School (IBS)Hyderabad Launches Analytics Club

The ICFAI Business School, Hyderabad has formally launched the IBS Analytics Clubon June 3, 2016 by Mr. NeerajKhandelwal, Vice President, Financial Services Analytics, Genpactand the Director of IBS Hyderabad Prof. S VenkataSeshaiah. On this occasion IBS has entered into academic partnership with Genpact that specialize in analytics.

Mr. Khandelwal explained in his address the modalities of the IBS-Genpact joint research program. Through this collaborative effort Genpact will help IBS develop the Financial analytics domain and train students as well as faculty members through regular programs and lectures. Genpact will train a select group of students from the second year and train them for possible positions at Genpact. They will also provide opportunities for summer internships for the incoming batch. Prof. VenkataSeshaiah in his address underlined the need for students to develop a positive attitude towards learning and urged them to be part of the clubs to enhance their skills and capabilities.

Student Clubs at IBS:Student clubs are an integral part of self-learning in business schools and an ideal platform for students to hone their management skills.  IBS Hyderabad has 25 student clubs aimed at promoting student’s intellectual and social development.

Analytics:

The field of analytics is growing at an astounding pace.  Organizations are benefitting by the strategic use of big data and providing improved cost effective solutions to clients. With the field opening up, opportunities for trained management graduates has also seen a significant increase. To leverage these opportunities, IBS Hyderabad has been at the forefront by introducing courses in analytics covering different domain specializations such as Finance, Insurance, Marketing and HR to name a few.

IBS Analytics Club:

The IBS Analytics club will provide a platform for students to understand the opportunities in the analytics space. Students will be able to connect regularly with industry, invite managers for guest lectures, identify opportunities for summer internships and final placements and train students in analytical tools and techniques besides organizing competitions. IBS Faculty members from the Finance and Marketing Department along with nearly 400 students participated in the program.

About ICFAI Business School:

The ICFAI Foundation for Higher Education (IFHE) is declared as deemed-to-be university under section 3 of the UGC Act 1956. IBS (Faculty of Management) is a constituent of IFHE. Within a short span of time since it was established in 1995, IBS Hyderabad has grown impressively and achieved widespread recognition from industry, academic circles and professional bodies in the last 20 years. It is a premier business school that has been consistently ranked by independent rating agencies as one of the top 10 B – Schools of India. It is one of the first business schools in South Asia to receive the prestigious SAQS accreditation. NAAC, an autonomous institute of University Grants Commission has also accreditedThe ICFAI Foundation for Higher Education (Deemed to be University) with ‘A’ Grade with an impressive score (institutional CGPA)of 3.43 out of 4.

Authorized Signatory

Sudhakar Rao
Director-Branding & Communications
Mob: 9848529385.

ICFAI Business School organizes Ninth Doctoral Thesis Conference in Management and Economics

The two-day Ninth Annual Doctoral Thesis Conference, being organized by the ICFAI Business School, Hyderabad, got off to a start on April 21, 2016, at the ICFAI University campus. This edition of the Conference has been organized in collaboration with the Indira Gandhi Institute of Development Research (IGIDR), Mumbai.

Research scholars working in various fields related to Management studies and Economics have participated. The conference has received 235 research papers of which 161 have been accepted after review by an expert committee. Participants from ISI, IIMs, IITs, NITs, JNU, Delhi School of Economics, IGIDR, ISEC, Madras School of Economics, IFMR, various central and state universities presented  their research papers during the conference.

In his inaugural address, the Chief Guest for the occasion, Prof. S Mahendra Dev, Director of IGIDR Mumbai, spoke on the topic, “Data, Manufacturing, Ease of Doing Business, and Bankruptcy Reforms”. He explained some of the important challenges being faced by economists helping the Government of India in policy formulation. Prof. Dev, in his address to the young researchers, touched upon the importance of quality of data and explained the reasons for the reduction of GDP at current prices while it increased at constant prices, and the growing difference between the wholesale price index and the consumer price index.

He also elaborated on the difference between the Index of Industrial Production and gross value added. Prof. Dev spoke about how growth in the manufacturing sector did not always lead to employment growth and cited the example of countries like China, Indonesia and Thailand. He threw light upon the share of services in GDP and employment in India and said ‘Make in India’ should include services too. One of the ways of increasing GDP, he said, was by increasing the participation of women in the workforce. He further elaborated that the challenges for India’s economic policy lie in the areas of balanced growth of all sectors including the manufacturing industries, employment generation through improved education, gender parity, and bankruptcy laws

Prof. Dev observed that there are  visible signs of improvement in ‘ease of doing business’ in India although much still needs to be done in addressing issues with regard to transparency & corruption-free governance. He also spoke on the issues of bankruptcy and the Insolvency and Bankruptcy Code 2015, which has been sent to the Lok Sabha. He said there was a need for a single consolidated code for insolvency resolution for all entities. On the issue of Corruption, Prof. Dev said it was becoming a research issue in developing economies, and that it was only when bankruptcy law and corruption were addressed that ease of doing business in the country would improve.

Prof. J. Mahender Reddy, Vice-Chancellor of IFHE, presided over the inaugural session. He explained as to how this conference provided an avenue to research scholars for improving their study-methodology in order to make their findings more relevant to businesses and government. He announced that the tenth doctoral thesis conference will also be held in collaboration with IGIDR in April 2017.

The conference was attended by the Directors, Deans, Faculty Members, Research Scholars and students of the University.

ICFAI University (IFHE): The ICFAI Foundation for Higher Education is declared as a Deemed to be University under section 3 of the UGC Act, 1956. The University is accredited by NAAC with ‘A’ Grade with a score of 3.43 out of 4. Three thousand five hundred students are pursuing various programs in the Faculty of Management (ICFAI Business School), Faculty of Science & Technology (IcfaiTech), and Faculty of Law at IFHE. The University campus based at Hyderabad, is a 92 acres lush green campus with built-up area of over 16 lakh sq.ft. The campus is fully residential, Wi-Fi enabled and equipped with state-of-the- art facilities.

Authorized Signatory

Sudhakar Rao
Director-Branding & Communications
Mob: 9848529385.