A NBS alumni working for Lazada, South-East Asia´s number one e-commerce player, was invited to give a workshop on business analytics and advanced excel to the current batch of MBA students.
Sunny Jain (NBS MBA Class of 2013) has over 6 years of experience of working for technology companies as well as financial institutions. Over the last 2 years he has been working as a pricing manager with Lazada, who recently made it into news with regards to its acquisition by Alibaba.
Sunny provided thought-provoking insight into the ways of working of e-commerce firms, especially with regards to the key performance indicators and the challenges that various firms face to remain competitive. In the second half of the course, he offered an excel learning session wherein he gave sample case questions based on data populated in an excel file.
The current MBA students who signed up for the workshop learnt to build pivot tables and simple statistical data models that allowed them to understand e-commerce dynamics and generated insights pertaining to an annual sales report of a hypothetical company. The speaker proved that Excel is indeed a powerful tool and stated that learning to build complex data models catering to various business challenges is indispensable to be well prepared for the corporate world.
The 3-hours sharing session was very insightful and after multiple “aha”-moments, the participating students left the room with many valuable takeaways from the workshop. Eventually, the lecturer closed the day with the recommendation to spend 5% of earnings every year to upgrade one´s skills – an interesting tip that the MBA students, who are to graduate soon, will certainly take to heart!