FT-MBA Open House

Area Offering: Operations and Data Sciences

02 Mar – 2022 (Wed)
Faculty Team: ODS
Abhinav Kumar Sharma abhinavkumar.sharma@sbm.nmims.edu
Akshay Khanzode akshay.khanzode@sbm.nmims.edu
Arti Deo Arti.Deo@sbm.nmims.edu
Ashu Sharma Ashu.Sharma@sbm.nmims.edu
Binesh Nair binesh.nair@sbm.nmims.edu
Manisha Sharma manisha.sharma@sbm.nmims.edu
Mukund Prasad Mukund.Prasad@sbm.nmims.edu
Pradeep Pai Pradeep.Pai@sbm.nmims.edu
Preeti Khanna Preeti.Khanna@sbm.nmims.edu
Rose Antony rose.antony@sbm.nmims.edu
Somnath Roy Somnath.Roy@sbm.nmims.edu
T Kachwala T.Kachwala@sbm.nmims.edu
Vikas Gadre Vikas.Gadre@sbm.nmims.edu

2
 ELECTIVE COURSES
ELECTIVE COURSES

Trimester III
Data Analytics in Business (3)
Trimester IV Trimester V Trimester VI
Digital Strategy for Transforming Businesses (3) Marketing of IT Products and Services (3) Technology Ventures (3)
Management Strategies for Enterprise Cloud Applying Agile Concepts in Program Management
Services Operations Analytics (3)
Systems (3) (3)
Supply Chain Management (3) Project Management (3) Supply Chain Analytics (3)
Basics of Crypto currency & Blockchain (3) IoT Applications for New Business Market (3) Operations Strategy (3)
Leveraging Machine Learning in Business
Digital Platforms and Data Monetization (3) AI concepts and Applications in Business (3)
Applications (3)
Multivariate Data Analysis: Techniques and Technology in Finance - Fintech,
Applications (3) Decentralized Finance (3) Technology application in SC processes (3)
Technology Management in the Digital Age
Social Networking and Web Analytics (3) Big Data and its Ecosystem (3)
(3)
Modeling for Decision Making (3) Logistics Management (3) Enterprise Risk Management (3)
Managing Cybersecurity Risks in the Information age New Product Development for High Tech Data Exploration & Visualization (3)
(3) Products (3)
Quality Management for Productivity and Industry 4.0 for Resilient Operations (3) Applied Simulation Modeling (3)
Performance Improvement (3)

3
 Trimester 4 Offerings
Course Title Faculty
Digital Strategy for Transforming Businesses Mukund Prasad
Services Operations Analytics Pradeep Pai
Supply Chain Management Ashu Sharma
Basics of Crypto currency & Blockchain S Roy
Digital Platforms and Data Monetization Mukund Prasad
Multivariate Data Analysis: Techniques and Applications Manisha Sharma | S Roy
Social Networking and Web Analytics Preeti Khanna
Modeling for Decision Making Tohid Kachwala
Managing Cybersecurity Risks in the Information age Deloitte - Co Teaching

Quality Management for Productivity and Performance Improvement Abhinav Sharma

Multivariate Data Analysis: Techniques and
Applications
• Explore and develop various multivariate data analysis models to address the
problem at hand on diverse open source datasets using R studio and R commander
• Learn to apply the appropriate data analysis model/technique to address multiple
business dilemmas
• Use data analysis to analyze managerial problems across various functional areas
of Business
• Learn effective inferential skills to present and communicate
MDA: Methodology
• Hands on Exercises with various datasets
• Case Methods
MDA: Broad Topics

1. ANOVA 6. Canonical Correlation

2. MANOVA 7. Discriminant Analysis

3. EFA 8. Cluster Analysis

4. PCA 9. Time Series Analysis

5. Multivariate Regression

7
Quality Management for Productivity and
Performance Improvement
• Producing best quality products and/or providing best quality service is primary aim of any
business.

• Striving for quality, in the sense of seeking excellence, has always been a part of a business.

• Quality has become one of the most critical consumer decision factors in selection among
competing products and services.

• Consequently, understanding and improving the quality are key factors leading to business
success, growth, and enhanced competitiveness.
 Some failures

• Hubble Telescope Manufacturing Defect

• iPhone 4 Design Defect
• Ford Pinto Design Defect
• MacBook Pro Battery Recall 
• Lenovo ThinkPadX1 Battery Recall
• Samsung Galaxy S7 on No-Fly List
 Some Success Stories
Industry Company and Achievement
Automotive Ford Motor Company: Consumer-driven Six Sigma saves Ford $300 million
Chemical Dow Chemical Company: Dow achieved its $1.5 billion
cumulative financial goal

Defense Lockheed Martin: Yielded over $95 million in savings by improving productivity
Electronics General Electric: Six Sigma manufacturing experts in conjunction with the development team helped to reduce defect rates
Finance Bank of Montreal: Using Six Sigma reduced errors, improved cycle times, eliminated savings and achieved annual savings of nearly
$55 million

Food Jubilant Foodworks: Jubilant Networks Deploys Six Sigma To Limit Food Inflation To 5-6% Per Annum
Healthcare Baxter: Six Sigma has allowed the company to make tremendous
strides in productivity

Heavy Equipment Ashok Leyland: Pantnagar facility in Uttarakhand was recognised with Deming award for implementation of total quality management,
which helped it to curb the defects per vehicle drastically in a span of five years

High Technology Microsoft: Six Sigma helped project managers

Manufacturing Acme Industries: Quality improvement program resulted in $5.8 million in sales in first five months of program implementation

The scope of quality management has expanded beyond the

traditional manufacturing arena
 Quality Management for Productivity and
Performance Improvement: Broad Topics
1. Voice of customer
2. Quality function deployment
3. Quality philosophies
4. Statistical process design
5. Control charts
6. Experimental Design
7. Critical to Quality Characteristics Optimization
8. Reliability
9. Six Sigma
10. Total Quality Management
11. ISO
 Trimester 5 Offerings
Course Title Faculty
Marketing of IT Products and Services Mukund Prasad
Management Strategies for Enterprise Cloud Systems Managing Partner (Wipro Consulting)
Project Management Pradeep Pai | Rose Antony
IoT Applications for New Business Market Preeti Khanna
Leveraging Machine Learning in Business Applications Binesh Nair | S Roy
Technology in Finance - Fintech, Decentralized Finance S Roy
Technology Management in the Digital Age Executive Vice Chairman (NSEIT)
Logistics Management Partner NS4 Management Solutions LLP
New Product Development for High Tech Products Preeti Khanna
Industry 4.0 for Resilient Operations Ashu Sharma | Akshay Khanzode
 New Product Development for High Tech Products
Objective:
• Understanding the New Product Development (NPD) arena
• Understanding the role of a Product Manager
• Design Thinking for New Products
• Designing the product for new emerging market
• Understanding the R&D process, & Design and development life cycle of High-
tech products and smart IoT enabled products
• To understand Fast and High-Fidelity Prototyping Techniques and when/why
would one chose one over the other?
• What Makes a Great High-Tech Products?
For details you may refer to the CO or may write to Preeti.khanna@sbm.nmims.edu
 Industry 4.0 for Resilient Operations
Objectives:
 To understand the environment of smart factory/ smart operations and making students aware of various technological aspects
of this industrial revolution.
 The students shall be exposed to some Multi-criteria decision making tools in identifying the right technologies through variety
of technological possibilities in the era of Industry 4.0.
 To explore growing literature advocating connections between Lean Six Sigma, Resilience, Sustainability, and Circular
Economy in the light of Industry 4.0.
 The course aims to sufficiently provide the students with the know-how of industry 4.0 implementation in the business world.

Outcomes:
 
After completion of the course, students would be able to :
 To look at the different business dimensions like strategy, leadership, product design, organization culture, governance and
technology through Industry 4.0 lens.
 To get exposure on dimensions which are primarily resilience and sustainability, given their relevance in the times of pandemic
which subsequently would be driven towards effective crisis management practices.

14
Leveraging Machine Learning
• Why?
• Machine Learning is no longer an option for any organization but, a necessity to stay ahead and stay relevant!
• Industry thus requires professionals who can mine relevant insights from huge volumes of diverse data and align them to
business objectives.

• What?
• We build together various ML models using Python using open datasets from diverse domains to address real-world problems
• We learn to evaluate and interpret these models
• We examine and understand the business implications of deploying ML through exciting caselets and use-cases.

• Who?
• Prof. Binesh Nair and Dr. Somnath Roy

• When?
• Trim V
Trimester 6 Offerings
Course Title Faculty
Technology Ventures Saurabh Parikh
Applying Agile Concepts in Program Management Senior Manager (IT Industry)
Supply Chain Analytics DM Marathe
Operations Strategy Mukund Prasad
AI concepts and Applications in Business Binesh Nair | S Roy
Technology application in SC processes Mukund Prasad
Big Data and its Ecosystem Preeti Khanna
Enterprise Risk Management Rose Antony
Data Exploration & Visualization Binesh Nair | Vikas Gadre
Applied Simulation Modeling TBD
 Enterprise Risk Management
Course instructor: Dr. Rose Antony

Learning objectives: Key highlights/Tools/ Techniques/Pedagogy:

• Industry interactions- Guest sessions
• To understand the processes of risk management.
• Harvard Case studies
• To identify and categorize the risk.
• MCDM in prioritizing risk (use of FAHP, FTOPSIS)
• To develop risk register and analyse risk.
• Structural relationship between risks (use of tools -FISM)
• To compare different risk response strategies for dealing
• Projects
with threats and opportunities.
• To proactively monitor and control risk.
• To learn how to continuously improve the risk
management plan.
Artificial Intelligence Concepts and
Applications
• Why?
• We are heading towards a world which will be powered by Artificial Intelligence?
• We will have to work alongside Intelligent Systems or Robots to solve complex business problems!

• What?
• Understand how organizations can capitalize on AI through
• Understand the various challenges and issues that are associated with AI in the realm of fairness and ethics.

• Who?
• Prof. Somnath Roy and Prof. Binesh Nair

• When?
• Trim VI
 Data Exploration and Visualization
• Why?
• Data analysis and communication is essential in every job in every industry
• Own the data to ask questions leading to vital insights!

• What?
• Learn data exploration using Structured Query Language (SQL) – to most important tool in data science
• Data Preparation and Data Wrangling using R/Python.
• Visualize data using Tableau

• Who?
• Prof. Binesh Nair and Prof. Vikas Gadre

• When?
• Trim VI