BUSINESS PLAN PREPARATION

The PG department of Economics had organized aseminar on the title“business plan preparation”in collaboration The Institution’s Innovation Council (IIC) with a motive to enable the students to prepare a business plan for their business ideas.

The resource person for the seminar was Dr. E. Baskaran, Joint Director/General Manager, DIC, Department of Industries and Commerce, MSME Department, Government of Tamil Nadu. He started by sharing with the students 10 steps to become an entrepreneur which motivated all the student participants in the hall. This seminar gave the students an insight into the importance of business plan and strategies to make it perfect and effective. Apart from business plan the students received awareness about various financial aids provided by the government to the budding entrepreneurs.

Students were very interactive throughout the session and were encouraged to explore the government schemes for entrepreneurs and avail the benefits. The students have now started to work on their business plan which would be scaled up to the next level with the help of the Institution’s Innovation Council of the College. 

The PG department of Economics organised its first guest lecture of the department, on the topic ‘The art of Research Writing’ on 4^th February,2023.The resource person  Dr Elango J Parimalam, Assistant professor and Head, Department of Economics,Loyola College, Chennai delivered the lecture with special emphasis on the basics of initiating a research process for UG and PG students of the Economics Stream.Dr. Elango emphasised on the qualities of a good research, the Importance of identifying the research gap and formulating the appropriate research question, and choosing the appropriate research design. The resource person also highlighted the importance of conducting an extensive literature review and the concept of pilot study for major research projects. The resource person also discussed the research ideas of the student participants and made the session interactive and informative for all the participants. The session was attended by the UG and PG students of the department of Economics.