2022-23 | SDMIMD

Startup Charcha 2023

Startup Charcha 2023, the culmination event of various entrepreneurship activities, was organised by Swayam, the eCell of SDMIMD, on February 13, 2022. Mr. Krishna Kumar, Founder and MD, Simbus Technologies Pvt. Ltd., delivered the key note address, which was followed by a panel discussion with a theme “Mainstream Entrepreneurship”. The panels consisted of Mr. Karthik B K, Alumnus of SDMIMD, Managing Partner, Moneyline, Mr. Theja Mohan, Alumnus of SDMIMD, Founder, Wise Money, Dr. Nanda Kishore Shetty, Associate Professor-Marketing, SDMIMD, Mr. Vijay Krishnamurthy, Research scholar, SDMIMD and Sports Entrepreneur. Dr. M.R. Suresh, Professor-Marketing and Faculty Coordinator, E cell, moderated the discussion.

European Business Analytics Institute’s Winter School on AI for Good held at SDMIMD

Business Analytics Institute, headquartered in France, conducted its Winter School at Shri Dharmasthala Manjunatheshwara Institute for Management Development (SDMIMD), Mysuru, from 1 to 10 Feb 2023 at SDMIMD campus. The programme was attended by company executives and students selected from various European Universities. Besides students from Belgium, Switzerland, France and Ukraine, ten Indian Students from SDMIMD were selected to attend the programme. The programme centred on the theme of “AI for Good”, entailed discussions on Ethical AI, AI for Social Good and a workshop on Machine Learning Tools. As part of this programme, the participants visited Dharmasthala and interacted with Dr D Veerendra Heggade, Dharmadhikari, about Rural Development, Micro Finance, and Health Care Programmes of SDM Trust. The participants of the programme developed use cases for leveraging AI to enhance the efficiency and effectiveness of Healthcare, Education and Rural Development. The resource persons for the programme included Dr Lee Schlenker and Prof. Davy Cielen from Business Analytics Institute, Prof. Christian Hitz from Zurich University and Prof. Mohamed Minhaj from SDMIMD, Mysuru.

‘AI for Good’ Invited talk by Prof. Davy Cielen

‘Artificial Intelligence (AI) cannot replace roles but rather create a need for a newer set of skills in the new paradigm. The application of AI in medicine, education, manufacturing, analytics and other areas has proved that AI and its various applications have the potential to bring out positive change in society. AI will never be able to replace jobs that require empathy, creativity, intuition, and compassion. These are human traits that machines are incapable of replicating,’ thus said Prof. Davy Cielen, a co-founder of the Maiton Consulting Group, London. SDMIMD organized the invited talk on February 9, 2023.

The speaker presented various tools such as Dalle2, MID Journey, Chat GPT, and Digital Humans that make AI more accessible to the public. Further, Prof. Cielen explained the three stages of AI - Narrow AI, General AI, and Super AI - and highlighted that transfer learning requires much less cost than before.

The talk, followed by the Q&A, provided valuable insights into the current state of AI and its potential for the future.

Annual Leadership Talk 2023

“Humans alone can define value and values. Hence, it is important to keep the human in the loop.” said Dr. Lee Schlenker Professor of Business Analytics and Principal Consultant, Business Analytics Institute, France. He was speaking on the topic “Artificial Intelligence (AI) for Good” at the 14th Edition of the Annual Leadership Talk (ALT) organized by Shri Dharmasthala Manjunatheshwara Institute for Management Development (SDMIMD) Mysore on its campus on February 8, 2023.

In his address to the students, Dr. Schlenker highlighted the use of AI for social good and ethical AI. He differentiated between Machine Learning and AI, spoke about what it means to be human and why it is important for humans to take the lead. While Machine Learning and AI have the end goal of improving decision making and proposing an optimal solution respectively, it is how we use it that matters. He said that in today’s world, the capacity for human agency is being challenged by machines. He urged the audience to not give in to conversational AI tools like ChatGPT and to use their ability to think and act independently.

Earlier, Dr. S.N. Prasad, Deputy Director, SDMIMD, welcomed the gathering. Dr. Neetu Ganapathy, Faculty of Business Communication and Information Systems moderated the Q&A session and presented a vote of thanks while Ms. Mahima compered the event. Dr. Sunil M.V., Head of Academic Administration, faculty members, students, staff and invited guests were present during the event.

Talk by Dr Christian Hitz

'Advancement in technology for social well-being is always a Wah Factor, and today it is Artificial Intelligence (AI); in the next few years, it will be much-evolved technology. Effective Data Management can best optimize these technological innovations' thus said Dr Christian Hitz, Senior Lecturer and Director of Studies in Data Science at Zurich University of Applied Sciences. Dr Christian delivered the invited talk on the topic 'Future of AI' at SDMIMD on February 7, 2023.. Dr Christian expressed that new business models are being developed for leveraging the power of AI. However efficient data management and governance frameworks are crucial in organisations for reducing the complexity involved in the decision-making process.

Prerana Invited Talk – Mr Vijay Kumar

‘Integrity, Situational Awareness, Financial Knowledge, Investing Experience, Credibility in the Market and Network with Financial Professionals, are the core qualities for a wealth manager. Often wealth management is linked to the financial stream, but it is a blended combination of finance and sales’ thus said Mr. Vijay Kumar, Alumnus of PGDM 2009-21 Batch and Independent Financial Advisor and Wealth Manager, on February 3, 2023 at SDMIMD.

Mr Vijay said that the with the increase in the global wealth the private wealth sector is showing significant growth. The role of private wealth manager is becoming more relevant and significant to navigate the complexities of financial markets for the individual investors.

The talk introduced the students on campus about this avenue and how they have to prepare themselves to enter this domain.

Budget Conclave 2023

SDMIMD organized Union Budget Conclave 2023- Post Budget analysis on February 2, 2023. The talks by CA Sri.Lakshminarasimha, CA; Sri.Ravikumar, CA, focussed on the recent amendments in taxation (Direct and GST) announced in UB 2023. Sri.Sameer Parekh, Founder Director, Greeshma Shares and Stocks Ltd provided numerous insights on the increased emphasis on infra spending and growth. Dr.S.N.Prasad, Deputy Director, SDMIMD, shared his perspective on Union Budget and its linkage with various macro economic factors.

Career Advancement talk for Rural Youth

'The opportunity, facility and avenues are abundant. Youths should be information literate to understand themselves and explore the future. Understanding capabilities and passion blended with zeal to achieve the goal is the key requirement,' thus said Dr S.N. Prasad, Deputy Director, SDMIMD, to the Final Year, Undergraduate students from Government First Grade College, Bharathi Nagara, Mandya District, on Saturday, February 4, 2023. The career advancement session was organized under the Unnat Bharat Abhiyan (UBA) initiative of the Central Government by SDMIMD for rural students. Dr Prasad gave an overview of the social initiatives of Shri Kshethra Dharmasthala and SDMIMD's role as part of the Vidhya Dhana, one of the philosophies of Dharmasthala.

Dr. L. Gandhi, Chairman - Admissions & Faculty - HR, gave the orientation on how to prepare for the admissions process for an MBA Program specifically and the need for continuous learning for young graduates.

Dr. Sunil M.V., Head - Academic Administration & Nodal Officer, UBA, SDMIMD, delivered the welcome address and coordinated the event.