IES MCRC

LIVE PROJECT REPORT – 2022 – 24

Name: - Ashutosh Utekar

Roll no. :- PG-22-043
Live Project – Finlatics Business Analyst
Mentor: - Prof. Vaibhav Chawade.

ABOUT COMPANY

Finlatics was started in June 2017 with the aim of making finance more
accessible, friendly, and fun. It was conceptualized and launched as a foremost
work experience platform that helps students experience domains like financial
markets, portfolio management, equity research, investment banking, private
equity, venture capital, and data-driven decision-making as a highway in their
career. Due to the career acceleration nature of our platform and the impact it
can have on lives, Finlatics was one of the companies selected for incubation at
the prestigious Atal Incubation Centre – NMIMS, supported by Atal Innovation
Mission, NITI Aayog & Government of India. We’re also a recognized ‘Start –
Up’ by Department for Promotion of Industry & Internal Trade, Government of
India.

KEY PERSONS
Sr. No. Name Designation
 1 Nisant Mohta Founder & CEO
2 Neerav Doshi Co-Founder & COO
3 Chinmay Das Associate Head - Programs & Growth

LEARNING:

1. Difference between Business Analyst and Data Analyst:

Business analysts and data analysts both work with data. The difference is
what they do with it. Business analysts use data to make strategic business
decisions. Data analysts gather data, manipulate it, identify useful
information from it, and transform their findings into digestible insights.
Analysing data is their end goal.
∙ Businessanalysts use data to identify problems and solutions, but do not
perform a deep technical analysis of the data. They operate at a
conceptual level, defining strategy and communicating with stakeholders,
and are concerned with the business implications of data. Data analysts,
on the other hand, spend the majority of their time gathering raw data
from various sources, cleaning and transforming it, and applying a range
of specialized techniques to extract useful information and develop
conclusions.
∙ Business analysts typically have extensive domain or industry experience
in areas such as e-commerce, manufacturing, or healthcare. People in this
role rely less on the technical aspects of analysis than data analysts,
although they do need a working knowledge of statistical tools, common
programming languages, networks, and databases.
∙ Businessanalysts must be proficient in modeling and requirements
gathering, whereas data analysts need strong business intelligence and
data mining skills, along with proficiency with in-demand technologies
like machine learning and AI.
∙ For
business analysts, a solid background in business administration is a
real asset. Many business analysts come from backgrounds in
management, business, IT, computer science, or related fields. On the
other hand, a math or information technology background is desirable for
data analysts, who require an understanding of complex statistics,
algorithms, and databases.
2. Data-Driven Decision Making:
Data-driven decision-making means making decisions that are supported by
data rather than decisions based on observations, gut, or even instinct. With
 the advancement of technology, the data available to organizations has
become tremendous. This abundance of data provides organizations several
opportunities to understand their performance to a greater degree, optimize
their performance and leverage it for growth.
In simple terms, the process is – collecting, extracting, formatting, and
analysing insights.

3. MECE - Mutually Exclusive and Completely Exhaustive:

It is a problem-solving technique that divides the problem into various parts
and forms a kind of an Issue Tree (a tree diagram containing sets and sub
sets of the factors which are mutually exclusive and completely exhaustive
concerning the problem to find a viable solution.
 PROJECTS:

 PROJECT 1: UNDERSTANDING AND IMPLEMENTING MECE

MODEL

A. Using the MECE principle we can classify the structure the firm's
income stream and the cost for the organisation

INCREASE PROFIT REDUCE REDUCE SERVICE COST

VARIABLE COST
IMPROVE NICHE TECHNOLOGY
GROW REVENUE GROW NUMBER OF
CUSTOMERS IMPROVE
DISTRIBUTING

REDUCE
OVERHEAD COST REDUCE RENT
REDUCE FIXED
COST
REDUCE
LOGISTICS COST
REDUCE COST

The company is enjoying good profit margins in BFSI (42%) and Retail
(39%) sectors.

B) The company is looking forward to investing in India, US and Europe. See

the potential growth for different sectors in these geographical locations.

ANS: As per the data we can see that, the company is earning more profits in
US and Europe region i.e. 48% and 44% respectively, but the margins are very
low in India and Asia pacific countries i.e. 9% and 14% respectively, so that
company should more focus on India and Asia Pacific countries as there is a
growth potential in these countries and in US and Europe the profits are up to its
peaks so the company should increase their operations in India Asia Pacific
countries.
C) In the US and Europe, the healthcare sector seems promising and the same
for India with the BFSI sector. Explore other options and see what could be
done differently.

ANS: India is in a growth stage, there are many big opportunities coming up to
invest in the country which are as follows: -

1)Renewable energy sector:

We can see that there is a dramatic change in the climatic conditions and
increasing carbon footprints of the companies, India as a country is planning to
become net zero emission till 2070, as of now India ranks third when it comes
to carbon emissions. so there is a huge scope in renewable energy sector to
invest.
2) Infrastructure Sector:
Since India is a developing country, there is more scope for the infrastructure
sector to grow in the coming years. The government said in the recent budget
2022-23 that it will spend heavily on infrastructure to build railways, roads,
airports, highways, expressways, shipping, aviation, waterways, mass transport,
ports, and logistics. Hence, it will contribute to the economic growth of the
country. So this can be great sector to invest in.
3)And other sectors such as Retail, Public sector, Manufacturing,
Travelling, Entertainment would be the sectors where a company
can explore its interests

D) Finally, provide recommendations for where the company should invest and
what kind of acquisitions it should do.
ANS:
1) Firstly I would recommend that the firm should try to keep the profits higher
and constant in US and Europe as it is now.
2) Secondly, the firm should merge with the niche technology companies, IT &
Tech firms in India to increase the profits.
3) The firm should focus on increasing the marketing of its services in India and
Asia Pacific countries as it will result in more customer knowing their products
and connecting with them for their problems.

 PROJECT 2: MAKING MEANINGFUL INSIGHTS THROUGH MS

EXCEL

1. Which state has the highest number of hotels? Depict this via a bar graph
that compares all states.

Highest No of Hotels
800000
700000
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500000 400000 300000 200000 100000 0

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s

STATES

Ans: From the above bar graph we can say that the No. of Hotels is highest in
the state of Kerala.

2. Which states have three types of climatic conditions? (convert the map, an
unstructured data, to an Excel file in a structured format and mention the
number of climates along with the state)
ANS:

∙ Maharashtra

∙ Karnataka

∙ Tamil Nadu

∙ Madhya Pradesh

∙ Gujarat

∙ West Bengal

∙ Haryana
Tropical Tropical Arid, Humid mountai Hot
monsoon savannah, wet steppe, hot subtropical n desert
& dry climate arid

western Maharashtra Maharashtra MP J&K Rajasthan

Maharashtra
goa MP Telangana UP Ladakh Gujrat
western Gujrat Karnataka UK Himach Punjab
Karnataka al
Pradesh
Kerala Chhattisgarh Andhra Haryana UK Haryana
 pradesh
Tamil Nadu Odisha Tamil Nadu HImachal Sikkim
pradesh
Jharkhand Gujrat Chhattisgarh west
Bengal
west Bengal Rajasthan Jharkhand Assam

Telangana MP Bihar Arunach

al
Pradesh
Andhra Pradesh UP West Bengal

Karnataka Haryana Meghalaya

Tamil Nadu Punjab Mizoram

Himachal Manipur
pradesh
Nagaland

Assam

Arunachal
Pradesh

3. Among the northeaster states which are best to set up a hotel? Use Clustered
Column Chart and give recommendations for hotel industry investors.
Ans:

NO.OF HOTELS
100000
90000
80000
SL

T
STATES
O

70000 60000 50000 40000 30000 20000 10000 0

 STATES NO.OF
HOTELS
Bihar 4000
Arunachal Pradesh 5000
Jharkhand 4000
Sikkim 12000
Assam 25000
West Bengal 87000
Nagaland 1000
Manipur 3000
Mizoram 1000
Tripura 1000
Meghalaya 2000

From the following Clustered chart, we can say that the best North-eastern state
to set up a hotel is Mizoram, Nagaland and Tripura, as they have the least
number of hotels in their states and secondly we can say that Meghalaya is also
having less number of hotels in their states and is the best North-eastern state as
they many tourist spots any beautiful valleys.

4. Customise the pivot charts to add/change the fields in the fields list with
other fields and by using chart styles to customise the charts. (choose the
data and parameters according to your choice)
Ans:

Row Labels Sum of No. of Climates Sum of No of Hotels

Haryana 3 48000
Karnataka 3 40000
Madhya
Pradesh 3 14000
Grand
 Total 9 102000

Haryana, Karnataka and Madhya Pradesh will be the best places to set up hotels
as it has less competition and all climates.
5. Which is the best state for setting up a hotel? Why?
Ans:
Row Labels Sum Sum of No
of of Hotels
Total
no of
climates
Gujarat 3 107000
Madhya 3 14000
Pradesh
Tamil Nadu 3 116000
Himachal 3 83000
Pradesh
Maharashtra 3 102000
Karnataka 3 40000
West Bengal 3 87000

Grand 21 549000
Total

Madhya Pradesh will be the best state for setting up a hotel as it has all climates
and has low competition. The tourism in MP is very high as many devotees visit
there every year it the home to cultural and spiritual heritage of almost all the
religions. It also has low hills and river valley which attracts the tourists.
6. What is the average number of days the rainy season lasts in Indian states?
Ans:

Tropical Monsoon 136 1 June - 15

October
tropical savannah 136 1 June – 15
wet and dry October
 Arid steppe hot 136 1 June – 15
October
Humid subtropical 122 5 June – 1
October
Montane climate 102 1 June – 15
September
Hot Desert Arid 92 15 June – 1
September
120.667

∙ The average number of days the rainy season lasts in Indian states is 120
days.

∙ The monsoon or rainy season in India lasts from June till September.

∙ The south-west monsoon, known as the summer monsoon brings most of

the rainfall during a year in the country.
 PROJECT 3: DATA VISUALIZATION THROUGH POWER BI

Following Power BI output shows the data representation of the Countries

productivity, cost and order quantity.