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Understanding Opportunities in Risk Analysis (Soft Skills Training) - II MAIS

Corporate and Risk Analysis (Soft Skills Development) 
Topic – Opportunities In Corporate And Geopolitical Risk Analysis. 
Held On 28 October 2020. 
Faculty Coordinator: Dr. Manoharan N.
Christ (Deemed-To- Be) University.  
We the students of 3 MAIS  had an enriching and thought-provoking session on Opportunities in Corporate And Geopolitical Risk Analysis by Mr. Santosh Pai, an eminent lawyer for the students planning to sit for placements. Student representatives: Aneetta Thomas Peedikayil, Lakshmi Karlekar and Anusha P were in charge of the session and involved Professors Dr. Madhumati Deshpande and Dr. Anurag Tripathi to spearhead the students into fruitful discussions. 
The following are some of the takeaways from the session –
1)Risk as an industry: – The speaker focussed on identifying risks, analysing risks, managing risks and reporting them. He expanded on two-three pillars viz. political, regulatory, etc. to scrutinize the sources of risks.
2)Known risks: Being known risks, the challenge is on how to cope, mitigate and be resilient towards these risks. 
3)How to train for consulting skills?
He provided examples such as minimal amount of scanning a document, book, report and analysing the extremely crucial points and putting forth the conclusions. Some other skill sets he outlined are:
-Finding different perspectives
-Training the mind to look from different angles
-Writing & presenting as two core skills
-Clarity of thought
-Writing summary and clear conclusions helps recognize one’s work while crediting other’s work. 
-VUCA 
4)Fundamental skills: He attributed one’s core specialization as the impetus to stake a claim in the corporate world. He also devolved on the capacity to absorb other disciplines as well as consulting skills with respect to internal clients and external clients like Governments.  
5)Avenues in risk industry: Analysts, Researcher, Consultant. As it is a wide landscape, one needs to make sense about the job roles and apply.
6)Job opportunities: Consulting companies in accounting, politics, 
cross border, mini industries/segments in industries, Big 4, IBM , Accenture, Credit rating agencies, Think tanks, Policy planning & research division in Governments.
7)Job opportunities in China: Information gathering and reporting back, decision implementation, adaptability to Chinese culture and more exposure in Chinese companies are some of the challenges and perks that one needs to attach with in order to work with Fortune 500 companies in China while mentioning that over hundred Indian companies currently operate in China. 
Hence, in order to make it big he mentioned that one needs to be anti-fragile and  withstand pressure while being able to identify and develop risk control measures while monitoring and auditing those risks. 
 

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