Student Media Body of IIT Kgp

 

Know Your Professor: Parama Barai

Posted on Oct 12, 2017
professorstory

In this series of Know Your Professor (KYP), we are going to introduce you all to Professor Parama Barai. She did her B.Tech in Civil Engineering from NIT Durgapur, Masters from IISc. Bangalore and Ph.D. from XLRI Jamshedpur. After Masters, she started her work in the engineering department of Tata Steel. However, with time, her work shifted from technical department to management responsibilities in the company.

Joining IIT KGP

While she was working with Tata Steel, she enjoyed the exposure that she got initially. However, the monotonicity of the work made her realize that her actual interest lies in research. Inspired by her husband and her ever increasing eagerness to explore new areas in the field of management studies, she finally came to IIT KGP.


Parama Barai

Parama Barai

Students pursuing Management after graduation

It is good to see students pursuing management after graduation. It's their own choice. But, she is of the opinion that going directly for management just after the graduation is not that efficient, as getting work experience of 1-2 years as an engineer is also very important. Having a work experience enables one to know about the problems that one faces while developing and implementing ideas and things.

Research Work

Her main area of research is Finance with an area of focus in the sentiment and behavioral analysis of the top management position holders (usually termed as insiders) - mainly the directors or CFOs of a company, for example - Mukesh Ambani (Reliance Industries Ltd). She is researching on various aspects like why do they take such decisions, what happens when they do so and what role does sentiments play in business.

Indian and Foreign Institute

According to her, foreign institutes are far more advanced and research-oriented with respect to those in India. Although we are also growing at a steady rate, they are genuinely more advanced and well equipped today in terms of initialization of case studies, venture capital complexes etc. However, there are many Indian Institutes which we should not forget to mention like IIM Ahmedabad and others who also have started working on new ideas to compete with foreign institutions. Somehow, we haven’t yet proved ourselves as path makers. So, there is a long way to go. Slowly, we have also started realizing this and started working on the entrepreneurship and other similar dimensions.

Management- Knowledge or creativity

According to her point of view, to keep pace with the developing world, one has to be creative but one should also take steps easily and steadily. Also, one should make sure that he/she is properly accustomed to the concerned field and has studied the subject deeply. So, along with creativity, knowledge and experience are also a must and the same goes for each and every subject.

Message for the students

Her message for the students is to reduce the usage of WhatsApp and other social networking sites. Her concern is about deteriorating personal face to face interactions. So, her prime advice to students is to keep a safe distance from such social platforms. She suggests that one should try to interact among themselves by working and spending time together so that something fruitful comes out of it and helps in developing healthy relations to cherish in the future.

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