Orientation Program – MBA/ M. Sc.

Business Analytics
Krishnamurthy Bindumadhavan, Fellow (IIM), CFA, FRM
Associate Professor, Management/ Finance,
Program Lead, Management Programs
BITS Pilani
Group Lead, Management Group
Agenda
• Program Overview
• MBA programs
• Post Graduate Diploma
• M. Sc. Business Analytics
• Program Objectives
• Industry Trends
• Experiential Learning
• Delivery Model
• Flipped Classroom

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MBA Programs - Overview
• MBA programs: (4 semester programs)
• Business Analytics
• Manufacturing management
• Quality management
• Consultancy management
• Finance
• FinTech
• Hospital and Health Systems Management
• MBA Program structure
– Management core courses (8 courses) – helps build a strong base in management
– Area core courses (4 courses) – helps build a foundation in the domain or area of focus i.e.
either Business Analytics, Manufacturing, Quality, Consultancy, Finance, or HHSM
– Electives (2 slots) – helps the participant to gain advanced/ specialized knowledge in chosen
sub-area
– Project – helps the participant to synthesize/ integrate learning’s across the entire program
and apply the same to solve a problem relating to their work environment
• Pedagogical tools/ techniques:
– Experiential Learning – helps participants to learn by doing (via lab work, modelling
workshops, simulation activities, and case studies)
– Flipped mode/ Courseware – cover basic concepts via pre-recorded lectures thereby freeing
up class time for advanced topics, problem solving, experiential learning activities, etc.
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M.Sc. Business Analytics - Overview
• M.Sc. Business Analytics program

• 5 Semester program

• M.Sc. Business Analytics program structure

– Foundation courses (7)
– Area core courses
– Electives
– Project

• Pedagogical tools/ techniques:

– Experiential Learning
– Flipped mode/ Courseware
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PG Diploma in Finance/ FinTech/ Business
Analytics - Overview
• PG Diploma – 2 Semester programs

• Program Structure
– Area core courses – helps build a foundation in the domain or area of focus
i.e. either BA or Finance or FinTech
– Electives – helps the participant to gain advanced/ specialized knowledge in
chosen sub-area
– Project – helps the participant to synthesize/ integrate learning’s across the
entire program and apply the same to solve a problem relating to their work
environment

• Pedagogical tools/ techniques:

– Experiential Learning – helps participants to learn by doing (via lab work,
modelling workshops, simulation activities, and case studies)
– Flipped mode/ Courseware – cover basic concepts via pre-recorded lectures
thereby freeing up class time for advanced topics, problem solving,
experiential learning activities, etc.
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Program Objectives
• MBA/ M.Sc. Business Analytics:
 Prepare working professionals to take on challenging roles in the nascent business analytics industry
 Integrate management science, technology with statistical techniques to provide students with the foundation
needed for data-driven decision making
 Train participants in the latest developments in the area of business analytics
 Equip students with a good mix of theory and practice so they can hit the ground running
 Focus of the program will be on the application of statistics/ technology/ analytics to solve real life
problems in all the key functional areas of management

• MBA, Finance:
 Prepare working professionals to take on challenging roles in the finance sector, particularly in the context of
globalization and de-regulation
 Train participants in the latest developments in the area of finance
 Help students master a core set of general management skills in accounting, strategy, marketing, human
resources, and finance
 Develop effective solutions to complex business problems
 Equip students with a good mix of theory and practice so they can hit the ground running

• PG Diploma, Finance:
 Enables industry professionals (including mid to senior leaders) to rapidly scale up their knowledge base while
still working on their job
 Similar objectives as MBA, Finance (but much more focused program)

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Program Objectives
• MBA, Consultancy Management:
 Equip the students with skills required to deliver and manage consulting projects
 Exposes students to leading practices in Consulting and the tools used in Consulting
 Shape critical and analytical thinking skills required to understand, analyze and recommend
implementable solutions to Client’s problems

• MBA, Manufacturing Management:

 Equip the students with skills required to formulate strategy as well as effectively run the day to
day operations within the context of the manufacturing industry
 Enable participants to appreciate the linkages between managerial concepts/ principles and
manufacturing tools/ techniques
 Enable them to take on leadership roles in a manufacturing organization

• MBA, Quality Management:

 Equip the students with the skills required to contribute effectively towards Quality Management
 Focus on contemporary issues pertaining to the management of quality in both services and
manufacturing industries, in both international and domestic markets, as well as in both the
private and public sectors
 Develop a culture of managing for quality across the entire supply chain.

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Program Objectives
• MBA, HHSM: Senior positions in healthcare industry requires a holistic
understanding and capabilities that span multiple domains, critical thinking &
problem solving skills and cross-functional collaboration. The programme aims to:
 
 Prepare working professionals to undertake leadership roles in managing and
administering hospitals.
 Enable learners to master a set of core general management skills in Accounting,
Strategy, Marketing, Human Resources, and Finance that would facilitate to solve
complex, real-world healthcare management problems.
 Build and nurture the knowledge, skills and aptitude required to realise long-term
career growth and enables participants to undertake higher responsibilities at the
workplace.
 Provide requisite conceptual foundation, and contextual understanding of real-world
applications that enable a learner to enhance workplace performance and stand out
among peers for growth opportunities.

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Industry Trends
• Business Analytics:
 Machine Learning techniques, Neural networks, Support Vector Machines, etc. have
become important due to Big Data, which is characterized by Velocity, Variety, Volume
 Example: IOT with Machine Learning
 Data Visualization techniques
 Data Agility
 Program will cover Descriptive, Predictive, and Prescriptive Analytics

 Other trends include Embedded Analytics, Behavioral Analytics,

• Banking and Finance:
 Digital Disruption/ Fintech
 Blockchain – Electronic ledger integrating all documents in International Trade
Finance thereby providing real time access to all stakeholders
 Peer to Peer Lending
 Outsourcing consolidation
 Regulatory impacts
 Risk Management

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Industry Trends
• Consultancy Management:
 Value for Money - Focus on delivering value
 Cross functional/ Collaborative Consulting
 Impacts of Digitization/ Automation/ etc.
 Data driven recommendations leveraging Machine Learning and other techniques

• Manufacturing Management:
 Value stream mapping – enhancing value enhancing activities and eliminating
redundant activities
 Digital disruption leading to digital manufacturing – Tesla Motors:
 https://www.youtube.com/watch?v=6G41VHi5M8U

• Quality Management:
 Quality is no longer a support function but rather is tightly integrated into strategic
planning
 Six Sigma
 Extending quality concepts across the entire value chain

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Industry Trends
• Hospital and Health Systems Management:
 Proliferation of Corporate Hospitals
 Focus on:
 Enhancing revenue
 Reducing costs
 Enhancing patient/customer satisfaction
 Cross functional management skills
 Practical experience so that candidate can hit the ground
running

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Experiential and
Work-Integrated Learning
• BITS Pilani Work Integrated Learning Programmes enable
participants to enhance their academic qualifications while gaining
valuable professional experience
• Majority of the courses feature experiential learning components that
enable the student to apply their conceptual understanding to solve
business problems
• Experiential learning includes the following:
• Projects/ assignments
• Case Studies
• Simulation/ modeling exercises
• Tested as part of Evaluation Components for the course

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Experiential Learning: Illustrative
Examples
• Simulation game on Working Capital Management (as part of
Financial Management course)
• http://sims.myej.org/wcgame/

• Economic modeling using Excel – Managerial Economics View

Spreadsheet
course
View Case
• Case studies from HBS, Yale, Ivy publishing, etc. – across Study
several courses View
Assignment
• Experiential Learning assignments – Managing People and
Organizations, Leadership and Managing Change, etc.

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Delivery Model:
Interactive and engaging online classes
• BITS, Pilani leverages a variety of pedagogies to make the online classes
interactive, engaging, and effective
• Live classes featuring the following:
• Live video of instructor
• Slides, videos, other media
• Two way interaction via voice, chat box, other techniques

• Digital content featuring:

• Pre-recorded classes that cover basic concepts
• Frees up time to cover advanced topics, problem solving and experiential learning
in live/ contact classes

• Transparent whiteboard and other techniques to enhance interaction and

facilitate active learning
• https://youtu.be/xUaLrJS6Crs

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Flipped Classroom

• Replay recorded lectures

• Review relevant study materials/ pre-class assignments
Week before • Case study (if applicable)
class

• Review important and advanced/ difficult concepts

• Active Learning - Application/ Problem solving
In “Live” • Experiential learning – Excel modelling, Case study discussion,
Class Simulation

• Active learning - problem solving

• Discussion forums
After Class • Peer learning

BITS Pilani, Deemed to be University under Section 3 of UGC Act, 1956

 BITS Pilani

Thank you