How to secure career by updating skills like AI: Great Lakes Institute of Management Admission Chair
The job market is getting increasingly competitive owing to the rise in technological advancements. With the advent of concepts like Artificial Intelligence, Machine Learning, Analytics etc., the risk of professionals’ roles getting redundant in the workplaces is increasing, unless one constantly updates his/her skillsets. In this special column for Careers360, Gautam Lakhimraju, Admissions Co-Director & CMO, Great Lakes Institute of Management focuses on the ways to develop the career by learning the concepts of Artificial Intelligence, Machine Learning, Analytics etc.
Gautam Lakhamraju leads the marketing and admissions activities at Great Lakes & has played a key role in the growth of the institution into one of the leading business schools in India. Prior to Great Lakes Institute of Management, he worked as a Management Consultant at ICRA Management Consulting Services. He an alumnus of MDI Gurgaon and DA-IICT,
Read the column below.
Reinventing your Career by Learning AI to keep your Future Secure
Every few decades, employees at all stages of their career get threatened by the technological advances. Whether it is during the rise of computers and the internet or the recent penetration of smartphones in our lives, each major technological advancement requires employees to upskill and reskill themselves to stay relevant with the changing times. Once again, the age of another technological renaissance is upon us and disciplines like Artificial Intelligence, Machine Learning, Analytics etc. are again rapidly changing the corporate landscape. And the only way to stay relevant for the employers in the future is dynamic reskilling by undertaking advanced technical & specialised education on the go.
AI ecosystem is growing at an exponential pace while simultaneously impacting all the other relevant technologies and the world is not yet ready to comprehend all its manifestations. In such a volatile corporate environment, a proactive approach to prepare for the skills of the future is the most critical element for your success. While designing your career strategy, it is now time to think beyond your academic education, skills and experience; and seek out the newer short and long term skills that you’ll need to acquire or enhance.
Choosing a Specific Career Path with AI
Before you venture out on a new career path, you must figure out what kind of a profile you want to pursue. There are various job profiles available in the domain of AI & ML. For instance, you can design AI enabled products and services, explore real-world problems where AI solutions can be applied, evaluate and develop algorithms, conduct research to advance current technologies, undertake data mining and analysis to create value, design software and information infrastructure etc.
The key thing to remember is that while academic education, skills and experience from various job roles need to be aligned when it comes to following a traditional career path, same is not the case when you venture out in the domain of AI. You can pursue a career in AI across various constructs in almost all industries like manufacturing, marketing, transportation, finance, art, research, medical, military. AI has made its way into almost industry imaginable and there is a huge gap between demand and supply of right talent in all of them.
How to Prepare for Roles in AI
Technologies like Artificial Intelligence, Machine Learning, Deep Learning, Cognitive Computing are quite easy to learn if you possess enough motivation, plan your routine in a systematic manner and persistently invest your time in taking courses from Coursera or similar platforms. But if you can’t set a routine or don’t wish to spend months experimenting on various AI tools, then you should opt for formal education.
The rapid growth of online education portals and blended learning models offered by various institutions have ensured that you can reskill yourself faster than ever before. If you do not wish to quit your job for pursuing full-time courses, then online learning is a great help. On the other hand, if you are at the beginning of your career and love solving challenging problems, then a formal education from a top institution offering specialisation in AI & ML, like Great Lakes Institute of Management, is the right launching platform.
Once you complete your learning, build a couple of minor projects to figure out what you enjoy the most and can directly relate to your area of expertise. AI is a lot more than just algorithms and programming languages. Machine Learning, Deep Learning, Neural Networks, Cognitive Computing, Computer Vision, Language Translation, Natural Language Processing; there is no limit to the scope of AI. Once you complete your learning, you’ll eventually find your feet in this domain.
If the risk of you losing your job is high due to the rise of AI, it is not because you lack talent but because these technological advances are causing unprecedented disruptions in the corporate segment. Yes, a lot many jobs are going to become obsolete when AI takes over the business landscape, but an equal number of new opportunities will arrive as well. So, the time is now to take charge of the future of your career. The changes are coming fast but the good news is that you have never before seen opportunities to learn AI and stay ahead of the curve. Undoubtedly, it is going to be challenging but it will also be highly rewarding for your career.
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Questions related to Great Lakes Institute of Management, Chennai
pls provide last year cutoff of great lake for cat and cmat
Cut off of a specific college can differ every year. It depends upon various factors such as total number of aspirants, highest scorer, number of seats, difficulty level.
If we take previous year records , the expected cut-off of CAT for Great lakes was 80% and of CMAT was 85-90%.
Hope this help!
Which colleges should i prefer Great lakes chennai Pgdm or kj somaiya International business?
Great lakes chennai has 4.3/5 rating from the students of the campus. it indicates that college has done it's best in all the factors. Fee structure over 10lakhs with additional charges which is bit higher for 2 year course. fee structure vary as per stream/domain. for admission, institute accepts CAT, XAT and GMAT. even MAT score is accepted for admission.
Other facility like Infrastructure, library, space for extra-curricular work is good and best. You will get good enough space to use and test yourself to find what you are good at. Faculty are well experienced holding PhD degree. They do best to teach student and make them learn.
KJ Somaiya International Business:- well service provider for well recognized for one of the best B-school in India. Infrastructure is good. experienced faculty, placement is best as students gets placed in top fortune 400 MNCs. It offers PGDM specialization in streams like HR, operation, Finance and marketing.
entrance exam considered :- CAT/XAT/GMAT/ CMAT. fee structure is 14.93lakh approximately. Highest package offered is 27lpa.
considering fee structure as a factor, KJ somaiya will be better option. for rest term of factors, both the campus are same. You can choose any one you find interesting.
Hope it helps!
I have 22 months of work experience in automobile sector and i have recieved a call from Great Lakes Chennai. I also recieved a call from KJ Somaiya Institute. Which Institute should i go for considering placements and my current work experience.
Both the colleges are highly demanded and good reviewed college. Rating given by the students indicates college provides best environment and support of faculties for improvement of students skills and knowledge. You can choose anyone which you find suitable for you.
On the basis of placement, you can choose Great Lake college as it has good placement performance and as per the statistics, it increases every year.
for more information, please visit the link below:- https://www.careers360.com/colleges/kj-somaiya-college-of-engineering-mumbai
Hope it helps!
Hello!Can I Know About the Weight age given for Academics?
Please mention about which stream you want to know.
If you are asking in general then it is just a bar which is kept as eligibility criteria by college , institutes and organizations for selection or admission. So it is important to score above 60% which is quite stable and makes easy to go through the process. There are institutes like IIT and NIT where you can take admission only if you have 75% in 12th
Many MNCs hire candidates with eligibility criteria above 65 -75 also.
But there are many other option also where your skills will be considered over your academics score.
Hope it helps!
is it worth persuing PGPM from great lakes chennai after having 4.5 years of work experience?
Great lakes institute of management, Chennai has great placement record for pgpm courses. Every year, almost 98% students placed in different reputed companies like Dell, HCL, ITC, EY, Cognizant, Genpact, KPMG, Snapdeal, TCs etc with median packages around is 8 to 9 lakhs. A multinational Consulting Firm made the highest offer with a CTC of 28.6 lakhs per annum. The college infrastructure is really good. Overall, it is an excellent B school if you exclude the IIMs.