FDP – Effective Strategies to Teach Operations Research
CMS Business School, Jain (Deemed-to-be University) conducted a 3-Days FDP on “Application of Econometrics in Research” in collaboration with The Indian Econometric Society (TIES) from 3 October to 5 October 2019. It was coordinated by Dr. Ajay Massand and Dr. Uma M.H. There were thirty-four participants from various parts of the country including NIT Karnataka, NIT Trichy, Loyola College Chennai, Pandit Deendayal Petroleum University Gujarat, Central University of Tamilnadu, Kannur University, North Orissa University, P.E.S. College of Engineering Mandya, CHRIST (Deemed-to-be University), and many more. The resource persons were, Prof. Dr. S. Madheswaran Professor and Head at Centre for Economic Studies and Policy, Institute for Social and Economic Change (ISEC), Bangalore, Dr. K. Shanmugan, Associate Professor at the Department of Business Economics, MS University, Baroda, and Dr. Raja Sethu Durai, Associate Professor in School of Economics at University of Hyderabad.
CMS B School, Jain (Deemed-to-be University) hosted a The Faculty Development Program on “Effective Strategies to Teach Operations Research” The Objective of the program was to Understand the uniformity in teaching Operations Research as a course in B-Schools, use of Technology as a tool to imbibe teaching and learning process, develop modules for Operations Research Course, observing the use of modules in the assessment on Assurance of Learning (AOL).
In view of Teacher’s Day that is celebrated on 5th of September, the program started off with the Dean, Facilitator and the participants cutting a cake together. The facilitator Dr. KS Srinivasa Rao conducted the one-day program based on the theme of the program which observed that today’s dynamic nature of business environment has led to uncertainties in the market conditions. Managers often find themselves in a situation where-in they are forced to take complex decisions without the help of any defined tools. Operations Research (OR) is one such tool that will support management in their decision making enabling informed decisions. Operations Research tools help to solve complex problems during the periods of uncertainty using reliable data. The understanding of the OR tool, its applications shall strengthen the pedagogical approaches and learning process.
The event concluded with the distribution of certificates to all the participants. The program concluded at 5.00pm.