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Top-Ranked PGDM College in Kolkata with a Focus on Data Science and AI

PGDM stands for Post Graduate Diploma in Management, which is a two-year full-time program approved by the All India Council for Technical Education (AICTE). It is designed to equip students with the knowledge, skills and attitude required to become successful managers and leaders in the dynamic and competitive business environment.

By bizschoolkolPublished 3 years ago 8 min read

PGDM programs offer a comprehensive curriculum that covers various aspects of management such as finance, marketing, operations, human resources, strategy, ethics and entrepreneurship. PGDM course in Kolkata also provide opportunities for students to gain practical exposure through industry projects, internships, case studies and simulations.

PGDM programs are especially important for aspiring managers in the digital age, as they help them develop a holistic understanding of the business world and the emerging trends and challenges. One of the most significant trends in the business world today is the rise of data science and artificial intelligence (AI), which are transforming businesses and industries across sectors. Data science and AI are the fields of study and practice that involve collecting, analyzing, interpreting and applying data to solve complex problems and create value. Data science and AI enable businesses to gain insights, optimize processes, enhance customer experience, innovate products and services, and create competitive advantage. Therefore, it is essential for managers to have a strong foundation in data science and AI, along with the core management principles, to be able to leverage these technologies effectively and ethically.

Data Science and AI: The emerging fields of study and practice that are transforming businesses and industries across sectors

Data science and AI are the emerging fields of study and practice that are transforming businesses and industries across sectors. Data science is the interdisciplinary field that combines mathematics, statistics, computer science and domain knowledge to extract meaningful information from large and complex data sets. Data science involves various processes such as data collection, data cleaning, data exploration, data analysis, data visualization and data communication. Data science course in Kolkata helps businesses to understand their customers, markets, competitors, operations and performance better, and to make informed decisions based on data-driven insights.

AI is the branch of computer science that deals with creating machines and systems that can perform tasks that normally require human intelligence, such as reasoning, learning, planning, decision making and natural language processing. AI uses various techniques such as machine learning, deep learning, neural networks, natural language processing, computer vision and speech recognition to enable machines to learn from data, recognize patterns, generate outputs and improve over time. AI helps businesses to automate processes, enhance efficiency, reduce errors, personalize services, generate recommendations and predictions, and create new possibilities.

Data science and AI are complementary fields that work together to create value for businesses. Data science provides the data and insights that feed into AI systems, while AI provides the tools and methods that enable data science to scale up and solve complex problems. Data science and AI have applications in various domains such as healthcare, education, finance, retail, e-commerce, manufacturing, logistics, entertainment, media, social media etc. Some of the examples of data science and AI applications are:

- Healthcare: Data science and AI can help improve diagnosis, treatment, prevention and management of diseases; enhance patient care; reduce costs; optimize resources; discover new drugs; monitor health conditions etc.

- Education: Data science and AI can help personalize learning; assess student performance; provide feedback; recommend courses; enhance engagement; facilitate collaboration; create adaptive content etc.

- Finance: Data science and AI can help detect fraud; manage risk; optimize portfolio; provide financial advice; automate trading; predict market trends etc.

- Retail: Data science and AI can help segment customers; analyze behavior; optimize pricing; recommend products; enhance loyalty; improve inventory management; streamline operations etc.

- E-commerce: Data science and AI can help optimize search; rank products; generate reviews; provide chatbots; enhance user experience; increase conversions etc.

- Manufacturing: Data science and AI can help improve quality control; predict maintenance; optimize production; reduce waste; enhance safety etc.

- Logistics: Data science and AI can help optimize routes; reduce costs; increase efficiency; track shipments; forecast demand etc.

- Entertainment: Data science and AI can help create content; generate music; recommend movies; enhance gaming etc.

- Media: Data science and AI can help analyze sentiment; detect fake news; summarize articles; generate captions etc.

- Social media: Data science and AI can help filter spam; moderate content; identify influencers; target ads etc.

Praxis Business School: The top-ranked PGDM college in Kolkata with a focus on data science and AI

Praxis Business School is a prestigious business school having campuses in Kolkata and Bangalore that was founded with the goal of developing leaders for the digital age. Praxis offers a two-year full-time residential Post Graduate Diploma in Management (PGDM) program, which is approved by AICTE and ranked 2nd in Kolkata and 4th in East India by Times B-School Survey 2022. Praxis also offers nine-month full-time Post Graduate Programs (PGP) in Data Science, Data Engineering and Cyber Security, which are ranked among the top programs in the country by Analytics India Magazine and The Economic Times. Praxis is the pioneer of full-time data science education in India and has placed over 30 batches of data science candidates since inception.

Praxis Business School's PGDM program is designed to shape leaders for the digital future, by imparting an optimal blend of management principles and industry-focused skills. The program has a strong focus on data science and AI, along with other domains such as finance, marketing, operations, human resources, strategy, ethics and entrepreneurship. The program curriculum is aligned with the latest industry trends and requirements, and is delivered by a team of accomplished faculty members who have rich academic and professional experience. The program also provides opportunities for students to gain practical exposure through industry projects, internships, case studies and simulations.

The PGDM College in Kolkata, Praxis Business School's PGDM program is endorsed by various industry partners such as PwC, ICICI Bank, Genpact, LatentView Analytics, Bridgei2i Analytics Solutions, Fractal Analytics etc. These partners help in designing the curriculum, delivering guest lectures, mentoring students, providing live projects and offering placements. Praxis Business School has an impressive placement record, with an average CTC of INR 13.5 LPA and a highest CTC of INR 23 LPA for the PGDM batch of 2020-22. Praxis Business School also has a strong alumni network of over 2000 members who are working in various reputed organizations across sectors.

Program Highlights:

The curriculum, faculty, pedagogy, industry partnerships, placements and alumni network of Praxis Business School's PGDM program.

The curriculum of Praxis Business School's PGDM program is divided into six terms of three months each. The first three terms cover the core courses that provide a foundation in various management disciplines such as accounting, economics, statistics, operations research, organizational behavior etc. The core courses also include data science and AI courses such as data mining, machine learning, natural language processing etc. The next three terms cover the elective courses that allow students to choose from various specializations such as finance, marketing, operations etc. The elective courses also include advanced data science and AI courses such as deep learning, computer vision, speech recognition etc. The program also offers a capstone project in the final term, where students work on a real-life business problem using data science and AI techniques.

The faculty of the Data Science college in Kolkata, Praxis Business School's PGDM program consists of a team of accomplished academicians and industry professionals who have rich experience and expertise in their respective domains. The faculty members use various pedagogical methods such as lectures, case studies, simulations, games, quizzes, assignments, projects etc. to deliver the curriculum and enhance the learning outcomes. The faculty members also provide guidance and mentorship to the students throughout the program.

The industry partnerships of Praxis Business School's PGDM program are one of its key strengths, as they help in ensuring the relevance and quality of the program. Praxis has collaborated with various industry leaders such as PwC, ICICI Bank, Genpact, LatentView Analytics, Bridgei2i Analytics Solutions, Fractal Analytics etc. for designing the curriculum, delivering guest lectures, mentoring students, providing live projects and offering placements. These partners help in bridging the gap between theory and practice, and exposing the students to the latest industry trends and challenges.

The placements of Praxis Business School's PGDM program are another key highlight, as they reflect the value and recognition of the program in the market. Praxis has an impressive placement record, with an average CTC of INR 13.5 LPA and a highest CTC of INR 23 LPA for the PGDM batch of 2020-22. Praxis has placed its students in various reputed organizations across sectors such as ICICI Bank, PwC, Genpact, LatentView Analytics, Bridgei2i Analytics Solutions, Fractal Analytics etc. Praxis also provides placement assistance to its alumni who wish to switch their careers or roles.

The alumni network of Praxis Business School's PGDM program is another key asset, as it helps in creating a strong community of professionals who share a common bond and vision. Praxis has an alumni network of over 2000 members who are working in various reputed organizations across sectors such as ICICI Bank, PwC, Genpact, LatentView Analytics, Bridgei2i Analytics Solutions, Fractal Analytics etc. The alumni network helps in providing mentorship, guidance, referrals and opportunities to the current and future students of Praxis.

Admission Process:

The eligibility criteria, application procedure, selection process and fee structure of Praxis Business School's PGDM program.

The admission process of Praxis Business School's PGDM program is as follows:

- Eligibility criteria: The candidates should have a bachelor's degree or equivalent in any discipline from a recognized university or institution with a minimum of 50% marks or equivalent CGPA. The candidates should also have a valid score in CAT/XAT/GMAT/CMAT/MAT/ATMA or Praxis Admission Test (PAT).

- Application procedure: The candidates should fill an online application form on the official website of Praxis Business School and pay an application fee of INR 1200. The candidates should also upload their academic transcripts, test scores and other relevant documents along with the application form.

- Selection process: The candidates will be shortlisted based on their academic performance, test scores and profile. The shortlisted candidates will be invited for a personal interview (PI) conducted by a panel of faculty members and industry experts. The final selection will be based on the overall performance of the candidates in the PI and other parameters.

- Fee structure: The total fee for the PGDM program is INR 10 lakhs (including hostel charges), which can be paid in six installments. The fee includes tuition fee, hostel fee, library fee, computer fee, examination fee etc. The fee also includes access to various facilities such as library, computer lab, wi-fi, gym, sports etc. Praxis also offers scholarships and financial assistance to deserving and needy students.

Conclusion:

If you are looking for a PGDM program that can help you become a leader for the digital age, Praxis Business School's PGDM program is the right choice for you. Praxis Business School's PGDM program is a unique and comprehensive program that can help you achieve your career goals and become a leader in the digital world. Apply now and join the Praxis family.

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