| In addition to opting for one or more
specializations, students are given the option of choosing areas
of concentration. The philosophy behind offering these is to take
the pedagogy closer to specific and real industry requirements.
The curriculum is co-created and co-delivered with industry
experts and has real industry intervention at various points.
Praxis has identified Retail Strategy and Treasury and Risk
Management as being the two areas that address immediate industry
needs and these are being offered to current students. The
response from the student and corporate communities has been very
encouraging.
Treasury
and Risk Management
Corporates and banks are increasingly
implementing risk management practices to combat the risks arising
from the highly integrated and volatile financial markets. These
entities have also started focusing a lot more on treasury and forex
management functions to manage the volatility in forex rates and
high levels of liquidity constraint. Given their limited
availability today, well trained risk management and treasury
professionals are highly sought after in the industry.
Praxis is offering two areas of concentration-
Treasury and Risk Management, in coordination with ICICI Bank. The
jointly developed curriculum captures the relevant 'theory' and
'practice' elements. The Praxis faculty will conduct the course with
specific sessions being taken by experts from ICICI Bank (this would
be applicable for largely experiential elements such as Treasury
Operations). As part of the curriculum, the participating students
will undertake live projects and assignments with the company.
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Retail Strategy
Management
The Indian retail industry is seeing a major shift from the
un-organized to the organized sector and, with global brands poised to enter the country,
there would be a huge requirement for formally trained managers to cope with the scale,
the complexity and the fiercely competitive environment.
The pedagogy for the Retail Strategy Management
area of concentration has evolved out of a workshop with
participation from the Praxis Business School faculty and relevant
experts from the industry representing organizations such as
Spencer's, Tata Steel and Starmark. It comprises lecture-sessions on
retail strategy and operations aspects, requires the students opting
for this concentration to experience real-life learning through
field-level exposure with important retail stores and culminates in
a 'course of independent study,' wherein the students assimilate the
learning to develop and present a business plan. The courseware is
co-created and co-delivered by the Praxis faculty and industry
practitioners.
We are co-developing the pedagogy with industry
for other domains such as Outsourcing and Project Management as well
- these would be offered as additional areas of concentration in
subsequent years. As industry needs change, Praxis will attempt to
adapt its curriculum accordingly and address the changing needs with
new, relevant programs.
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