IIT Kanpur MBA Blog

The Department of Industrial Management and Engineering organized a seminar by Mr. Anoop Bhatia, VP, ICRA Limited; who provided immense insights into how the corporate ratings assignment is performed and how sensitivity analysis helps assign these. The seminar began on a light note, with Mr. Anoop offering Lao Tzu’s take on forecasting and quoting Evan Esar’s witty remarks on economists. He explained how an analyst actually is involved in presenting a result oriented outlook along with the forecast of industry demand, involved in financial planning, establishes goals and analyses the market to provide well-informed guidance on the possibilities. The projections are normally done with 5-7 years of data, which helps create a holistic outlook including up-cycle and down-cycle data, including those of the competitors in the industry. For vitality of project specific projections, the data utilized can even stretch up to 20 years. However, he professed from experience that the m...

The Department of Industrial and Management Engineering at IIT Kanpur played host to a seminar by Mr. Rajib Roy, CEO of Quantum Spatial Ltd., who put forth an overview of how analysis of geospatial data can bring about a paradigm shift in the world of information and how its subsequent analysis can result in benefits to various organizations. Mr. Roy was quite forthright in bringing out some merry factoids about his career and his perception of the various walks of the world that he had been involved with. He eased us into the new and emerging world of geospatial data analytics, and the current playing fields surrounding this mystery. With the detection of trees having potential to cause forest fires in dry California terrain, to scouting and negating their possible interaction with live transmission lines with actual analysis on the z-axis, geospatial data analytics encompasses a very broad horizon of areas of application. He then provided certain insight from the histor...

The Department of Industrial and Management Engineering, IIT Kanpur, witnessed a wonderful seminar on the Internet of Things by Mr. Arun Karna, MD, AT&T Global Network Services India Pvt. Ltd. He brought us closer to how limitless and pervasive the concept of IoT is and talked about the potential multi-trillion industry which has caught the eye of business enterprises that look forward to transform businesses without human-to-human or human-to-computer interactions.  Mr. Karna explained as to how the flow of information occurs from the sensors and control systems to the backend systems that are the hubs of data and API (Application Programming Interface). This back and forth of data can be analyzed to deduce astonishing solutions. He called IoT as the convergence of technologies that can work beyond the human imagination. He gave a business perspective to this scientific phenomenon wherein the stakeholders aspire to increase their revenue, streamline operations, red...

Organisation Culture: Acta Non Verba The Department of Industrial and Management Engineering at IIT Kanpur hosted a seminar by Mr Tojo Jose, CHRO at Muthoot Fincorp Ltd. on the topic of organization culture. Organizational culture is a guiding factor that acts as the genetic code of any organization. Mr Jose talked about how important it is for an individual to ensure that his/her values resonate with the values of the organization. The culture incompatibility can prove to be a menace for anyone working in an organization, even if the person has a good skill set. He talked about the articulated values like integrity and dignity that are implicit in nature and always keep our moral compass duly pointing north. The three C’s - Confront, Complaint and Conform - form the basis of how an employee identifies himself/herself with the organization. The confronting and complaining individuals often find it difficult to gel with the existing culture, and compromise forms the fourt...

All about the good part first, we all are hearing good news about India being the bright spot in the world, F.D.I. inflows are at their peak levels, stock market breaking all previous records, major reforms getting passed, less corruption levels at the highest level of the government, though the root level corruption is still plaguing this nation. You feel things are going in the right direction until you are greeted with the recent job numbers. To set the context right let’s look at some numbers: 12.56 lacs jobs were created in 2009 and a meager 1.35 lacs and 2.31 lacs in 2015 and 2016 respectively. We used to call the period corresponding to the 2009 numbers as jobless growth. What will you call this? Super jobless growth? Or Hyper jobless growth? Well I will leave it to you to come up with fancy terminologies. Dearth of Investments So, what’s the reason for all this misfortune which has come our way even when we are the brightest spot and so much F.D.I. inflows are happenin...

IIT Kanpur | MBA 2016-18 batch students organised informal city meets for the upcoming batch’s (2017-19) prospective students to clear admission related queries; and to give the prospective candidates a glimpse of the unique MBA program and life at IIT Kanpur as per their viewpoints based on their year long experience.  The meets were organised in the two metro-cities: Delhi and Kolkata, on Sunday, 18 th June, 2017. The date and cities for the meets were decided based on online survey amongst the candidates, taking current location and availability of majority as the criteria.  Minutes of the two meetings are as follows:  1) Place- C.C.D., Janpath, New Delhi Student Facilitators- Abhinav Arora, Shivam Gupta, Siddharth Vohra Queries were related to the department, the courses offered, Extra-curricular activities, internship opportunities, final placements and the campus. The prospects were informed that they would have 5 compulsory subjects in ...

My rendezvous with Life - MBA Diary Most of us have read the timeless poem “ I have a rendezvous with death ”  - by Alan Seeger; “It may be he shall take my hand   And lead me into his dark land   And close my eyes and quench my breath—   It may be I shall pass him still. I have a rendezvous with Death” The beginning of the unforgettable MBA journey of my life had me with the feelings as depicted beautifully in the above stanza. Venturing into an unexplored journey with unknown fellows had taken my breathe but what attracted me more was the promise to explore and challenge my own limits. I was more than ready to quit my job and start this journey and finally it all started in 2015… From business formal photo-shoots to restless nights to complete the tasks given by the seniors welcomed us to the IIT journey. Neck to neck deadline tasks, the gatherings, the discussions all of these activities introduced me with people from length an...