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Sankhyiki – 2017

NMIMS, Sunandan Divatia School of Science held their annual Statistics workshop ‘Sankhyiki’ on the 10th and 11th of January this year. In its seventh year, this two day workshop was on “Analytical Intelligence - A Roadmap to Careers in Applied Statistics”.

It featured a series of lectures by experts from various branches of Analytics: Retail, Financial Markets, Tax Collection, Drug Development and Consultancy, a Project Training programme that acquisition and implementation of a project involving Statistical Analysis by the alumni of the school of science, and a new and welcome addition this year: a statistics quiz ‘SANKHYANITI - Statistical Strategizing’.

Sankhyiki was attended by a total of 257 participants this year: 225 Statistics students, 18 Industry experts, 15 Faculty and Alumni. The students of different colleges of Mumbai such as Bhavans’ College, B. N. Bandodkar College of Science, Ruparel College, Ramnarain Ruia College, Khalsa College, K. J. Somaiya College, Ismail Yusuf College were a part of this event and their enthusiastic participation in the workshop made Sankhyiki 2017 a roaring success!

The program was inaugurated by the Chief Guest Mr. Sandeep Mittal, Managing Director, Cartesian Consultancy with the lighting of the lamp and followed by the NMIMS anthem. The Organising Secretary of Sankhiyki and Program Director (Statistics), Professor Sunil Shirvaiker warmly welcomed the guests and students alike with his introductory speech describing the programmes offered by the college and their emphasis on practical applicability in the real world and the purpose of Sankhyiki which helps make under graduate and post graduate students aware of the applicability of Statistics and analytics in various fields.

Dr. Jayant Gandhi, Honourable Joint Secretary of SVKM and Mentor SDSOS, an amazing orator who emphasized the importance of analysing big data. He congratulated Dr. Aparna Khanna and Prof. Sunil Shirvaiker for successfully organizing a citywide event tailor-made for budding statisticians which has created a platform that bridges the gap between theory and industrial application and exposes them to Analytical Intelligence. Dr. Rajan Saxena, Honourable Vice Chancellor, NMIMS University, made a rousing speech on the policy making become more data driven and thus people centric, with a memorable quote ‘Data and the data and the data.’

Mr. Mittal’s session on advising students to be the ‘Voice of the Data’ and the seven things to do as an analyst was a big hit with the students, most of them listening with rapt attention and penning down notes. His lecture was followed by the award ceremony for the best Summer Internship by M. Sc. Statistics students (AY 2015 – 2017) with the 1st prize going to Ms. Sushmita Saha, for her Internship at HDFC Bank, 2nd prize going to Mr. Abhishek Sachdeva for his Internship at SAS Institute India and the 3rd prize going to Ms. Suman Patel for her Internship at Cipla.

The lectures resumed with Dr. Sharad Varde, external Academic Advisor, Warwick University, talking on ‘Creative, Practical and Analytical Intelligence’. He encouraged the students to start thinking out of the box with a few key concepts like Creativity and Practical – that is to solve a problem that exists around you with a practical and financially method using analytics as a foundation stone relating this with examples of colour coding for interior of cars by a leading car manufacturer. This was the last lecture before the very sumptuous and delicious lunch which saw students from different colleges mingling and making good use of the novel photo booth made by the students of SDSOS Student Council Creatives Department.

The post lunch session began with Mr. Saikat Chakraborty, Vice President, Retail Analytics Delivery, Accenture Operations who described the hard journey of analytics from being discarded in the favour of gut feeling, to the decision enabling tool it is today, with many examples from his own experience in retail analytics.

Then in the Project Training programme Prof. Shirvaiker highlighted that M.Sc. Statistics students in the second year acquire and execute an industry project. He welcomed current alumni Ms. Sapna Tiwari and Mr. Sourav Saha who received best project award last year. Both of them gave an insightful presentation on how they planned the project and went about implementing it by using specialised programs like Python and advanced statistical techniques.

The first day ended with a joint session by Mr. Raj Jhaveri, Senior Manager Education from SAS and ULTRAMAX on the importance of SAS as an analytical tool and the various SAS programmes offered by their partner, ULTRAMAX. He also guided students on the need for career development rather than just getting job.

The day two of Sankhyiki began with a lecture by Mr. Amul Desai, Director, SAS Consulting and alumni of Bhavans’ college, who held an informative, interesting yet humorous session on the three concepts required in Analytics: Plenty (of data), indecision (of decision makers) and (shortage of) time.

He was followed by the Assistant Commissioner for Economic Intelligence Unit, Maharashtra Sales Tax Department, Mr. Ganesh S. Patil who described the 9 functional analytical units of EIU, MSTD such as registry, returns, Cyber forensic etc. After this, Dr. Chitra Lele, an academician of great repute, gave a lecture on the uses of Analytics in Drug Development. An impromptu session by Mr. Vishal Ranav, Greeksoft Technologies followed, on the importance of Analysis of Granular Data in the Stock Market.

Post Lunch, 12 teams competed in 4 rounds to win the first Sankhyaniti Quiz Competition which included ‘bidding’ in Round Three, a fun and interesting concept. The questions left by the teams were passed onto the audience to keep everyone involved and a part of the on-going activity, were awarded chocolates for the correct answer which received enthusiastic participation.

The winners of the quiz are given below:
1st Prize:
Ms. Sanika Chhatre, Ms. Maitreyee Ghadigaonkar and Ms. Shruti Borkar from Ruia College
2nd Prize:
Mr. Krishna Mishra, Mr. Sachin Jaiswal and Mr. Bharat Kurde from B.N.BANDODKAR College

As Sankhyiki 2017 drew to a close, everyone wore a satisfied smile on their face for it had achieved what it sought to do: motivate students to take up Statistics as the major subject at the graduate and post-graduate level and to make students aware of the applicability of the subject in various fields.

Sankhyiki 2017 was co-sponsored by SAS Institute India Pvt. Ltd., Ultramax Infonet Education and Greeksoft Technologies.

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