IIT Madras Management Students focus on ‘Revolutionizing Management with AI’

CHENNAI : Indian Institute of Technology Madras (IIT Madras) Management students are focusing on ‘Revolutionizing Management with AI’ in their current edition of the annual festival Samanvay.

Samanvay 2022 envisions every one of its participants gaining a greater appreciation for the power of AI and its immense applicability in all fields in the sphere of management and much more. The theme for Samanvay 2022 was ‘Revolutionizing Management with AI: The Resurgence, The Reality, The Revolution.’

Samanvay represents a confluence of thoughts and ideas, integration of knowledge and skills, and synthesis of intellectual prowess and brilliance. This edition revolved around integrating data science, machine learning and artificial intelligence with existing paradigms of management to provide effective service to all stakeholders.

The event began with a marathon on 30th October 2022 followed by competitive events between the 4th and 6th November 2022. Prof. V. Kamakoti, Director, IIT Madras, participated in the inaugural session. Samanvay 2022 had over 3,000 registrations from B-Schools and colleges across the country.

Highlighting the unique aspects of Samanvay 2022, Prof. M. Thenmozhi, Head, Department of Management Studies (DoMS), IIT Madras, said, “The event brought to the forefront the changing paradigms in the field of management studies. The lecture series and fireside chats discussed and analysed the impact of disruptive technologies like Artificial Intelligence which have become the cornerstones in all fields of management studies today.”

The inauguration was followed by ‘PlantIIT,’ the social responsibility activity under Samanvay 2022 in which saplings were planted across the campus. to spread awareness about the importance of keeping a clean environment.

The Conclave witnessed eminent industry leaders and speakers across varied domains of Fin-Tech, Artificial Intelligence, Operations, Analytics and Entertainment Management, among other areas. They include Ms. Smitha Hemmigae, Head of Marketing, ANSR, Mr. Bhargab Dutta, Head of Digital and Analytics COE, Colgate-Palmolive, and Mr. Ravoofa H.K, Founder, Media Masons.

The line-up of events included lecture series, fireside chat and panel discussions on current and emerging domains in management studies, educational workshops for skill development. Samanvay witnesses the best and brightest among the country’s management students compete across different domains in exciting competitions like Fynergy, Krunchh, Dakshta, Udyami (Samanvay’s flagship event) and many more.

Panel discussions and lecture series were held in a hybrid mode, on various domains of management including operations, data analytics, and marketing. Some of the topics discussed by the panellists were “Marketing – With AI galore, What’s in Store?”, “Thinking With Me, or Thinking Beyond Me – When does AI start being unethical?” and “Is AI the new electricity?”

Samanvay also teamed up with the Entrepreneurship Cell of IIT Madras to host a panel on “Data fueling AI and ML in Business Value Creations” and a fireside chat with Mr. Vaibhav Jain, the CEO of Hubilo, along with a workshop on product management with AI.

Along with these technical events, there were many interesting social events on the cards as well, such as Shipwreck, Minute to Win It and Samanvay’s Business Quiz, among others.