Empowering Budding MBA Students to Start & Handle Business

Report on the Talk Organized on National Youth Day - 15th January 2025 Topic: Empowering Budding MBA Students to Start & Handle Business Date: 15th January 2025 Venue: CR 001 Organized by: Institution's Innovation Council (IIC) Key Personnel: • IIC Convener: Dr. Praveen Shenoy • Resource Person: Professor Sathya Prakash • Event Coordinator: Professor Rakesh Mallya In commemoration of National Youth Day, the Institution's Innovation Council (IIC) organized an inspiring and insightful talk titled "Empowering Budding MBA Students to Start & Handle Business" on 15th January 2025. The event brought together aspiring MBA students and esteemed faculty members to explore the dynamics of entrepreneurship and business management. The program commenced with an address by Dr. Praveen Shenoy, IIC Convener, who emphasized the significance of fostering entrepreneurial skills among students to align with the vision of a self-reliant India. Dr. Shenoy highlighted how initiatives like these empower youth to take proactive steps in shaping their professional futures. The keynote session was delivered by Professor Sathya Prakash, a seasoned expert in business management and entrepreneurship. Professor Prakash shared valuable insights into the challenges and opportunities in starting and managing a business in today's competitive market. The session covered: • Essential Skills for Entrepreneurs: Communication, leadership, and problem-solving. • Navigating Market Dynamics: Understanding market needs, consumer behaviour, and competition. • Innovation in Business: Leveraging technology and creative thinking for success. • Financial Management: Basics of funding, budgeting, and sustaining profitability. • Case Studies: Real-life examples of successful startups and lessons learned. The session was interactive, with students actively participating by posing questions and sharing their perspectives on entrepreneurship. Professor Prakash's engaging approach and practical advice inspired attendees to think innovatively and consider entrepreneurship as a viable career path. The event was meticulously coordinated by Professor Rakesh Mallya, who ensured the seamless execution of all activities. His efforts in organizing and moderating the event contributed significantly to its success. The talk concluded with a vote of thanks by Professor Ankitha, MBA Department, who expressed gratitude to Dr. Shrinivasa Mayya D., Principal & Chairman IIC, Dr. Praveen Shenoy HOD, Aeronautical Department & IIC Convener, Professor Sathya Prakash, Mechanical Department, Professor Rakesh Mallya, ECE Department and all participants for their contributions to making the event a memorable one. He encouraged students to apply the knowledge gained and take the first steps toward their entrepreneurial journeys.