Top 5 Things That Makes AISSMS IOIT The Best College Choice For IT Students

Choosing the right college that is a perfect combination of fun and academic excellence is never easy. Thus, to help the students make an informed decision about their career. We connected to Associate Professor and Head of Information Technology Department of AISSMS IOIT, Dr Meenakshi A.Thalor, to get a detailed insight on what makes AISSMS Institute of Information Technology one of the best college option for students in the IT field.

While opting for a college there are three aspects that any student or parent looks for,

1. Academic Performance

2. Extra-curricular Activities

3. Placements

For the holistic development of students, it is vital that the college exposes them to manifold of practical experiences and opportunities to become a skilled professional.

Top speciality of AISSMS IOIT include:

1. language lab for Multimodal Communication Skill Development which helps the students to improve their language skills in reading, writing, listening and speaking.
2. Center of excellence in Machine Learning in collaboration with Hiremindz -SignioGlobaltech Solutions Pvt. Ltd. which provides internship opportunities to students in field of Data Science and Artificial Intelligence.
3. Data Science Resource Centre in collaboration with Tableau and TIBCO software.

4. National Cyber Security Resource Centre in collaboration with Nation Cyber Safety and Security Standards (NCSSS) which provides digital resources and training to students in cyber security and ethical hacking domain.

Furthermore, in order to promote co-curricular activities in students, the department has its own student council named as Information Technology Student Association (ITSA).  ITSA provides a platform to IT students to showcase their technical, social and sports skills in inter-departmental as well as inter-college competitions.

AISSMS IOIT is not just the best in academics but also a well-known name in cultural activities and college fests. AISSMS IOIT’s Annual Inter Collegiate Event – Alacrity, is one of the most happening college fests of Pune city attracting a crowd of thousands of students of different colleges to participate in events a DJ wars, Dance competition, games, robotics and much more.

AISSMS IOIT - Small Scale Industries - A Step Of Development

You all might have came across certain questions like How these industrial sectors are build? What are its building blocks? And How it can help in boosting our economy ? These small and cottage industries join together to form large scale industries which are most probably situated in urban areas. Thus development of industrial sector indirectly depends on development of rural areas as they are basic building blocks in this huge industrial structure.

India has plenty of natural resources  like forest, minerals, power and water resources etc. Also India having a rich culture history we have large about of skilled human resources. The large population of India makes it a potential market for industrial products. Even though we have these many resources and advantages most of the people are interested in services rather than starting their own small scale business or startup. This is because of the  attractive nature  and working  policies of different companies, But it is very important for us to understand that  “All That Glitters Is Not Gold” and this attraction won’t remain for long period of time.

Hence it is very important to create awareness among the public to start and develop their own startups, small scale industries  etc.  because of this, unemployment will be reduced. Most of the rural population try to migrate into urban areas as they are unaware about the resources available in their vicinity thus by developing  awareness among  these  people we can increase the development of cottage industries and thus create employment and  reduce the load on  the urban areas. 

 READ FULL ARTICLE AT Small Scale Industries - A Step Of Development by Mrs. Geeta Salunke

AISSMS IOM - Does Altman Z-SCORE MODEL Accurately Predict Bankruptcy?

There are various ways to assess financial condition of a firm. Choice of financial technique depends upon the purpose for which the assessment activity is done. It aims at achieving right level of complexity to decipher right kind of information for firm’s stakeholders. It may be for any of the stakeholders of the firm – business and corporate manager; sponsors and financial institution; investors; and prospective employees.

Financial ratios are the most extensively used tools for trend analysis, cross-sectional analysis and comparative analysis; and are categorized under various indicators. In the Indian context also, many researchers have developed various models to predict bankruptcy in various sectors. These analyses are still evolving and due to lack of availability of data of the distressed companies, the empirical study and its analysis is still a challenge.

  

The discriminant function, of the form Z = V1X1 + V2X2 + V3X3 + ……… + VnXn transforms the individual values to a single discriminate score or Z value.

Where, Vn = discriminant coefficient and Xn = independent variables.

Hence combination of ratios can be analysed together in order to remove possible ambiguities and misclassifications observed in traditional ratio studies.

Components used in the model:-

Original Z-Score model (Altman, 1968) for public firms classified the variables into five standard categories: liquidity, profitability, leverage, solvency and activity. From initial list of 22 indicators, Altman chose 5 because they could predict corporate health very well.

Z = 0.012 X1 + 0.014 X2 + 0.033 X3 + 0.006 X4 + 0.999 X5

Where,

X1 – working capital over total assets (WC/ TA)

Working capital to total assets ratio measures firm’s liquid assets compared to its size.

X2 ­– retained earnings over total assets (RE/ TA)

Conclusion:-

Emerging markets are trying to positively transform into a sustainable economic growth economies through trade, technology transfers and foreign direct investments. (READ FULL ARTICLE) Use of various forms of Z- Scores can early warn banks and investors about financial status of a firm. It can forewarn investors and lenders to reassess magnitude of default premium they require for bearing the risk of being attached to risky and distressed firms and help them secure their investment.

AISSMS IOM - IT’S HER WAY OF SHOPPING

Is it true that women will in general be more sharp purchasers than men? Simultaneously, womens two-sided mind way to deal with critical thinking makes them more defenseless to enthusiastic interests than a man.
Shopping is a significant pressure reliever to Women!

Women will in general be increasingly participative in regards with shopping. They share patterns, openings, deal data, and so on among their companions, start discussions and are bound to be impacted result audits. 

They likewise will in general shop for the future, and not simply on a need-to-purchase premise. They are additionally bound to search for others separated from themselves. For Women, shopping appears to have a ton to do with social connection. Many times they just act as non paid sales executives of various brands.

Know In detail about women in Shopping in this article "It's her way of shopping"

AISSMS IOIT PQ Cell Pune - MSEDCL New Tariff 1 Apr 2020 (KVAH Billing) Summary

Maharashtra Electricity Regulatory Commission (MERC) has approved the tariff of Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) – a Distribution Licensee of Maharashtra. The electricity tariff is applicable from 1 Apr 2020. The main feature of the tariff is introduction of KVAH billing. Power Quality Cell of Department of Electrical Engineering of AISSMS’s IOIT has prepared the summary of the new tariff.

DOWNLOAD FILE HERE

AISSMS COE - Quality Teaching-Learning Process

Any College need to prepare the students to meet the demands of the current industry. This value-added mode of educating students helps them in enhancing their professional growth. Thus, imparting Quality Education has been an integral aspect of our college, through continuous improvement in teaching-learning processes over the years.

The AISSMS College of Engineering strongly believes that besides academic knowledge, moulding students to meet the corporate expectation once they get their degrees is of utmost importance.

Teaching-learning process - AISSMS COE provide the students with exposure to the industry through visits, expert lectures workshops etc so that they can meet the expectations and demands of the industry.

Value Based Quality Education Programs Include:

• Skill oriented short term courses
• Use of demonstrative teaching methodology
• Value added certification courses
• Industry-Institution Interaction
• Development of sound entrepreneurship skills in the institution itself
• Revamping and strengthening of placement cell
• Introduction of summer internship programme and modernisation of infrastructure
• Laboratories with advanced technology

Through “One faculty one industry” concept, every faculty identifies an industry from their domain of interest hence creating a wider spectrum of diverse themes from which the students can learn. It helps to builds long-term association with industries in an organised manner.

Since  individual faculty become the single point of contact for a respective industry, the programmes can be conducted smoothly. This reduces the chances of topics being repeated and even the hassels of updating the industry with the previous interactions and students too find it easy communicating with one faculty who is an expert in the topic due to personal interest and continuous interaction with the industry. READ MORE on  Quality Teaching-Learning Process: One Faculty One Industry