The basic purpose of FDP was to demonstrate application of Artificial Intelligence and Machine Learning tools based on data analytics for increasing faculty efficiency, students' engagement and expediting accreditation work with a common goal to improve learning and teaching experiences more effective, time saving, efficient and universal manner for higher education institution. 

All faculty members of Management Department actively participated with zeal and enthusiasm in order to explore and enrich their data driven decisions for students, courses and institution.

In this 6 hours workshop for one group every day, students learnt about financial planning by playing an ONLINE simulation game and attending some classroom sessions. In Finance GYM game which is an online interactive game, students created and managed a virtual portfolio with real investment products to achieve the financial goals they had been given. By playing this game, they learnt the basics of financial planning, including basic financial terminology, setting financial goals, asset allocation strategy, pros and cons of different financial products, and tax planning.

The classroom activities and sessions covered Goal-based financial planning, Asset allocation and diversification, Purpose of different types of financial products – stocks, bonds, mutual funds, insurance, etc. in an investment portfolio, Analyzing a mutual fund factsheet and evaluating Debt and Equity Mutual Funds, Practical aspects of buying life insurance, Tax planning. All winners were declared at the end of program and felicitated. Event was coordinated by Dr Lalit Kumar Sharma.

It was a great learning experience to all participants.

The workshop was conducted by ACC Ltd. in collaboration with Praxis EL Training & Consulting Pvt. Ltd. At the beginning of workshop, Dr. Ajay Kumar, Director Management, I.T.S. Mohan Nagar Ghaziabad extended a floral welcome to Mr. Sharad Verma, Director, ACC Ltd. and  Dignitaries from ACC Ltd. and Praxis EL Training & Consulting Pvt. Ltd. The workshop was conducted by Mr. Kumar Abhishek, Director, Praxis EL Training & Consulting Pvt. Ltd. The workshop was divided into two parts, in the first part Mr. Kumar Abhishek gave a deep insight about current scenario of employ-ability and its various causes. He focused upon “Self Analysis” and its awareness to students in which he practically conducted psychometric profiling of students. The workshop enriched students with learning outcomes related to employ-ability and their own psychometric profiling.

The second part of the workshop was about One to one counseling session with students to discuss their psychometric profile and enhance their employ-ability skills. The workshop ended with a note of gratitude to Guests and Resource Person.

 

They were also made aware of various tools and techniques to identify hackers and hacking, social engineering, Bit lockers, Key loggers, Phishing, Computer system registry editing, identifying fake mails, making and identifying fake and fraud web pages, etc. and several more, were well explained by the trainers along with test experiments. Student’s performance was also evaluated and they were also given the workshop training certificates. Lastly, the guest trainers ended by wishing luck to the students!

The program was inaugurated by Shri Venugopal Gupta, Head- incubation & venture accelerator centre. In his inaugural address Shri Venugopal Gupta highlighted the importance of entrepreneurial culture in an education institute, he talked about various aspects of entrepreneurship & several hardships which are associated with entrepreneurship. Dr. A.K. Puri, Director General, I.T.S Mohan Nagar presented overview of the program. Dr. S.P. Mishra, Advisor, I.T.S - The Education Group, with sensitization of participants towards Entrepreneurship FDP & its importance in today’s Scenario. Post Lunch Session was addressed by Dr. Rita Sen Gupta, Ex-Director (B/S) - NIESBUD, she gave an overview of Entrepreneurial Qualities & Motivation Development.

Second & Third day was chaired by Dr. Rita Sen Gupta continued the session with exercise on entrepreneurial qualities, continuous exercises were done to collect data of participants on entrepreneurial qualities, so that participants can be motivated to become entrepreneur. Post lunch was on motivation development, to motivate faculty for promoting entrepreneurship in students.

Dr. Govind Sharma, an IPR expert from New Delhi was the keynote speaker for first session of Day Four. He discussed the relevance of IPR for entrepreneurs, especially technical entrepreneurs. How in present day scenario IPR plays an important role in building brand & he also shared various examples where copying of technology & patents were penalized in international courts. Post Lunch session was chaired by Mr. C.K. Sabharwal, MD Crop Health products Ltd. discussed how to sense business opportunity & identify a product & market for new product. New innovations & ways to identify new product was discussed.

Friday, 20th January, 2017 Day-5 was dedicated to financing options for entrepreneurs; First Session was addressed by Mr. Sunil Joshi, Expert & Prof. Sharda University, shared his expertise on different financing options for entrepreneurs. Traditional approach to seed funding & present day ease in getting seed funds, which made entrepreneurship a comparatively easy option. Role of different institutions & what are Do’s & Don’ts for project report, from the point of view of financial institutes was discussed. Second session was chaired by Mr. Sanjay Kumar, Expert incubation - MSME, session was enlightening, various government incentives were disused, several new government schemes information was shared, Incubation centre requirements & how to set up incubation centre was shared, information about incubation in nearby areas. How MSME is helping in promoting entrepreneurship was discussed & in what ways we can help budding entrepreneurs in taking advantage of these schemes of government.

Saturday, 21st January, 2017 was dedicated for entrepreneurial competencies tools, techniques & guidance, session was chaired by Dr. V.N. Bajpai, Associate Professor, I.T.S Mohan Nagar. Session begin with different innovations & new business ventures. Participants undertook a small exercise on Refrigeration industry; small groups were formed & analyzed various features in refrigerators, then groups were required to design a new product for refrigeration industry. Groups presented their products, marketing strategies were developed. Small competition took place. A unique type of refrigerator ‘Chotu Cool’ example of shared with audience.

Day-7 i.e. 23rd January, 2017, Group visited Mother Dairy Plant, Patparganj, Delhi. Participants interacted with concerned person & facilities were visited. Complete process from procurement to processing till final delivery was elaborated. Several quality checks implemented at different stages during the process were told. Visit gave a holistic view of enterprise management to participants.

Day-8 i.e. 24th January, 2017, Key note speaker for first session was Dr. A.K.Puri, Director General, I.T.S, Mohan Nagar, session focuses on ‘Critical issues in Entrepreneurship development & growth’ Dr. Puri shared his expertise on creating entrepreneurial culture & what are the major challenges faced during this & how we as faculty can promote this culture in our organization & promote more students to take entrepreneurship as a career option. He explained the importance of entrepreneurial growth & role of a mentor. Second Session of the day was chaired by Mr. C.K. Sabharwal, MD, Crop- Health Product, addressed the need & importance of financial management in managing an enterprise, session was interactive & participants learned that not only raising of funds is important but how to effectively manage long term & day to day finances of venture.

On Day-9, i.e. 25th January, 2017, Mr. Girish Shivani, Director at yournest Angel Fund, a renowned name in Venture capital Industry of INDIA, enlightened the members about how do venture capitalist evaluates & appraises entrepreneurial venture. Role of Venture capitalist in promoting & how new entrepreneurs can leverage venture capital. Second session was chaired by Dr. Lokendra Tyagi, Expert, Personal management in Entrepreneurial Venture, explained the Need & importance of personnel management in managing an enterprise, during the session various interpersonal aspects were illustrated, that an entrepreneur shall take care. How to identify a right employee, what is expected from entrepreneur & employees especially in startups was discussed followed by a role play.

On Day-10 first session was addressed by Dr. S.P. Mishra on ‘Curriculum Planning and its presentation’, as the faculties are well equipped with knowledge this session explained different ways through which they can transfer their learning of FDP to their students & promote more entrepreneurs. Chief guest for valedictory session was Dr. Usha Dixit, Scientist "C", National Science and Technology Entrepreneurship Development Board (NSTEDB), addressed the gathering & shared various live examples which flourished under the aegis of NSTEDB, followed by certificate distribution.

22 Faculty members from I.T.S, Ghaziabad and Various other institutes took part in FDP. Fun filled knowledge rich and self exploring journey left faculty members with a new orientation about themselves & Entrepreneurship.