FORE School of Management sign MoU to establish Data Experience Lab
This collaboration aims to advance AI-driven data analytics education and research, offering students hands-on experience with real-world analytical projects.
FORE School of Management (FSM) has embarked on a significant three-year partnership with ClarityX, a strategic affiliate of MapmyIndia, to set up a Data Experience Lab (DEL) at FSM’s New Delhi campus. This collaboration aims to advance AI-driven data analytics education and research, offering students hands-on experience with real-world analytical projects.
Objectives and Structure of the MoU
The primary goal of the MoU is to create the Data Experience Lab (DEL) at FSM, where both students and faculty will engage in ClarityX-sponsored analytical projects. The initial batch will consist of 20-30 students, with plans for future expansion. This initiative is expected to provide practical experience and enhance students' capabilities in data-driven solutions, better preparing them for the business world. The partnership will facilitate the exchange of knowledge, resources, and the development of innovative solutions to complex business challenges.
Inauguration Ceremony Highlights
The event was graced by notable figures, including Rakesh Verma, Co-Founder & CMD of MapmyIndia, Rakhi Prasad, Co-Founder of ClarityX and Non-executive Director of MapmyIndia, Dr. B.B.L. Madhukar, Chairman of FORE School of Management, Dr. Subir Verma, Director of FSM, and Professor A.K. Harnal, Chair of the Center for Digital, Social and Human Transformation at FSM. The ceremony began with the traditional lamp lighting by the dignitaries, symbolizing the enlightenment and knowledge this collaboration aims to bring.
Event Highlights
- Welcome Remarks by Dr Subir Verma: Dr. Verma, FSM Director, underscored the strategic importance of the MoU and its anticipated benefits for students and faculty, stressing the necessity of adapting to emerging technologies.
- Speech by Professor A.K. Harnal: Professor Harnal welcomed the guests and highlighted the partnership’s potential to drive innovation. He also discussed the activities of the Center for Digital, Social and Human Transformation and future industry collaborations.
- Chairman’s Address by Dr B B L Madhukar: Dr. Madhukar expressed his enthusiasm for the partnership, aligning it with FSM’s mission to offer cutting-edge education through strategic collaborations.
- Presentation by Rakhi Prasad: Prasad elaborated on the MoU, detailing the collaborative efforts and future projects aimed at leveraging AI technologies for student development. She highlighted the synergy between FSM students, faculty, and ClarityX.
Q: Is the FORE School of Management an approved institute?
Yes, the PGDM, PGDM IB, PGDM BDE, PGDM (Financial Management), FPM courses at FORE School of Management are approved by AICTE. Also, PGDM and PGDM (IB) are recognised as equivalent to MBA (status granted by AIU) and are accredited by NBA. The institute has also been granted SAQS accreditation for a period of five years.
Q: Is MBA from FORE School of Management worth it?
FORE School of Management offers two-year PGDM programme approved by AICTE. It is the flagship programme of the institute available in four specialisations. FORE School of Management has been awarded as Leading and Most Trusted Management College of the year 2021, North India in the category of “Quality Education, Outstanding Administration, Industry Connect/ Placements & Leading Infrastructure”. The institute has also been ranked by NIRF under the 'Management' Category in last two years.
Talking about placements, the highest CTC offered was INR 70 LPA and average was INR 16.01 LPA in 2024. The median package offered was INR 15 LPA.
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Q: Is it worth joining FORE School of Management?
The total strength of the MBA batch has been fluctuating over the past three years (2022 to 2024). The total number of recruiters who visited the college campus from 2022 to 2024 indicates a declining trend. Alongside, the participation of new recruiters has declined year-on-year. On the other hand, the number of PPOs & PPIs has been fluctuating over the years. The table given below showcases the FORE Delhi placement trends for better understanding:
Particulars |
Placement Statistics (2022) |
Placement Statistics (2023) |
Placement Statistics (2024) |
|---|---|---|---|
Total students |
394 |
369 |
374 |
Total recruiters |
156 |
152 |
132 |
New recruiters |
55 |
50 |
42 |
PPO/ PPI |
35 |
52 |
38 |
Q: What are the perks of pursuing international immersion programme at FORE School of Management?
International Immersion Programme is a part of the full-time programme curriculum held after term 3. Students are given opportunities to have exposure to the international business scenario and global best practices in their respective fields. The immersion involves 15 hours of in-class courses in an elective of students' choice along with industrial and corporate visits at any one of the international partner institutions abroad.
- MoU Signing Ceremony: The formal signing of the MoU by Prasad and Dr. Verma marked the beginning of this promising collaboration.
- Guest Address by Mr. Rakesh Verma: Mr. Verma shared his vision for AI-driven data analytics and its transformative impact on various industries, emphasizing the importance of data customization for effective decision-making.
Statements from Key Figures
Dr. Subir Verma remarked, “This partnership with ClarityX will significantly enhance our capabilities in AI and data analytics, offering our students unmatched opportunities to participate in real-world projects and foster innovation.”
Rakhi Prasad expressed her enthusiasm, stating, “We are excited to partner with FORE School of Management to establish the Data Experience Lab. This MoU will enable us to harness the power of AI and data analytics, promoting a culture of analytical excellence among students.”
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