CAT 2014 and XAT 2015 takers seeking admission opportunities in IMT Ghaziabad, a premier highly ranked B school in the NCR region, should feel proud that IMT Ghaziabad has taken an initiative to leverage growing Indian talent pool in association with Genpact Limited (NYSE:G), a global leader in designing, transforming, and running intelligent business operations, to launch an analytics lab to facilitate collaboration and innovation between professors, students and industry experts. The state-of-the-art lab housed in IMT Ghaziabad campus contains open source tool sets and technologies to foster creation of solution.
Speaking on the occasion of launching the Analytics Lab, Dr Bibek Banerjee, Director IMT Ghaziabad and Academic Mentor, IMT Group said, “The analytics lab gives an opportunity to our faculty and students to work together with the subject matter experts on ‘live projects’ with ‘real’ data to augment and guide course curriculum. Through this kind of symbiotic relationship with learning-oriented organizations, our faculty and student research drive new knowledge and create best practices.”
Senior vice President and business leader, Analytics & Research at Genpact, Paul Burton, said, “We want to address the gap between theory and practice. By experimenting with the actual tools that they would use later as professionals, students get a unique opportunity to gain hands-on experience using the latest technology.”
Throwing light on the USPs of the Lab, Manish Chopra, Senior Vice President and Business Leader–Risk Services at Genpact said, “A key use case for the lab will be financial services operations. Banks and financial institutions are seeking to make their risk and compliance processes and operations more robust, and more intelligent–able to learn from their actions. This unique initiative will expose IMT students to Genpact's innovative technology based solutions for building smart risk processes.”
Genpact has already been running a research and analytics program with IMT Ghaziabad since 2012 and is the first ever MBA analytics program developed jointly by the industry and Indian academia. The analytics lab consists of infrastructure for machine learning and open source toolsets & technologies to enable hands-on training in the rapidly growing field of analytics. The analytics lab has been launched to focus on the further extension of MBA analytics program.
Analytics is an umbrella term referring to the processes, technologies and techniques, which turn data into information and knowledge that drive business decisions. This analytics lab has been launched by Genpact to facilitate collaboration and innovation between professors, students and industry expert to support primarily Indian and other emerging markets.
The efforts of the Genpact and IMT Ghaziabad to develop a high impact pool of professionals comprised of data scientists and risk professionals will be augmented with the launch of this lab. The primary emphasis of the analytics lab is on making professionals more conversant in modern analytics tools and technologies, and proficient in conducting key activities such as build-phase design for new products and implementation and commercialization to support product development.
IMT Ghaziabad is a top ranked business school with more than 35 years of legacy. It has been consistently ranked high among top B schools of the country by various credible ranking agencies like Business Today, Business World, CRISIL, MBAUniverse.com.
IMT Ghaziabad accepts CAT/ XAT/GMAT scores for the admission in its PGDM program. The B school is at par with any Top B-school in terms of placements. The highest placement package offered in placement 2014 at IMT Ghaziabad stood at Rs. 23 lakhs with the average CTC offered Rs. 8.94 lakhs and 130 recruiters visiting the campus.
Genpact established in 1997 as Business unit within GE and become an independent company in 2005, stands for “generating business impact.” It designs, transforms, and runs intelligent business operations including those that are complex and specific to a set of chosen industries. The Smart Enterprise Processes (SEP) proprietary framework integrates effective technology and data-driven insight into the fabric of enterprise processes to help the clients to be more competitive.
Genpact has rapidly grown to over 67,000 people in 25 countries with key management and corporate offices in New York City. The hundreds of long-term clients include more than one-fourth of the Fortune Global 500.
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Stay tuned to MBAUniverse.com for more updates on IMT Ghaziabad
