Experts shed light on rising importance of data during The Hindu Education Plus Career Counselling Series webinar
As a part of The Hindu Education Plus Career Counselling Series, a webinar titled 'Data-Driven Economics: A New Era' was organised in collaboration with Shiv Nadar University, Chennai. During the webinar, experts discussed the rising importance of data in shaping contemporary economic thought.
According to a press release, Pushpa Trivedi, senior professor and head of the Economics Department at the School of Science and Humanities, Shiv Nadar University, Chennai, explained various forms of data and emphasised the value of integrating economics with data science in academic programmes.
'Traditionally, theory comes first, followed by analysis and conclusions. But today, with the abundance of data, sometimes theories can emerge directly from data patterns,' she said.
Soumyadip Roy, associate professor and in-charge director at UNext Manipal Academy of BFSI, Bengaluru, spoke about the growing role of data in today's world. 'In the way the world is evolving, working with data is no longer optional — it is an essential skill,' he said.
Mr. Roy, while speaking about the future of jobs in the BFSI sector and the influence of AI, said, 'It is a blend of multiple disciplines, but there is still a crucial need for the human element.' He also stressed that graduates must combine technical skills, domain expertise, and effective communication to stay relevant in the industry, the press release added.
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