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WES 2014 - Industry – Academia Bridge- Channelising Collaborative Models - Amitabh Akhauri, Sr. VP – HR, Jindal Stainless Ltd


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WES 2014 - Industry – Academia Bridge- Channelising Collaborative Models - Amitabh Akhauri, Sr. VP – HR, Jindal Stainless Ltd

WES 2014 - Industry – Academia Bridge- Channelising Collaborative Models - Amitabh Akhauri, Sr. VP – HR, Jindal Stainless Ltd

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  • Gross Enrolment Ratio - GER
  • *Industry is often hesitant to become involved in working with educational institutions to combat this problem, citing a lack of time as one main reason.
  • All India Council for Technical Education (AICTE)
  • For academia, technology development amounts to conceptualization and execution coupled with validation at the laboratory level. For industry, the interest lies in translating the laboratory validated concept into a commercial proposition, where the most important considerations are those of economic viability.
  • Transcript

    • 1. Industry-Academia Bridge: Channelizing Collaborative Models Presented by: Amitabh Akhauri Sr. Vice President Jindal Stainless Limited Date: 8th August 2014
    • 2. To cover… 1. Introduction-Current scenario 2.Why-Reasons behind gap between academia & Industry 3. What -Need to bridge the Gap 4. How- Action required to bridge the gap by- -Institutes -Industry -Government -Students 5. Conclusion Total slides:17 2
    • 3. India has one of the largest higher education systems in the world, with 25.9 million students enrolled in more than 45,000 degree and diploma institutions in the country. India has more than 700 universities and 35,500 colleges out of which 115 universities and 5672 colleges teach various engineering disciplines. With more than 12 million students on their rolls, and half a million teachers teaching in all disciplines. More than 85 per cent of these students are enrolled in bachelor's degree programmes and about one-sixth of all Indian students are enrolled in Engineering/Technology degree programmes. Engineering colleges in the country have been growing at 20 per cent a year, while business schools have grown at 60 per cent. After China producing 600,000 engineering graduates India produced around 5,00,000 number of engineering graduates in the year 2006-07,out of which 30 per cent were computer engineers. United States and Europe produces only 70,000 and 100,000 engineering graduates every year. Introduction 3
    • 4. But the reality is….. 4
    • 5. “Its a worrying sign that even though the 3rd largest number of graduates in the world every year is produced in India, only 15 percent of our boys and girls passing out of college have the skills required to become employable! This brings in concerns that students are getting degrees, but not getting employable hands-on skills“ – Pratibha Patil, former President of India 5
    • 6. About 83% of engineering graduates are unfit for employment!! Only about 17.45% of engineering graduates of the year 2011 were employable. Even graduates from Tier 2, Tier 3 and Tier 4 engineering colleges in India were not industry ready even after interventional training. According to National Employability Report by Aspiring Minds- 6
    • 7. 7
    • 8. Education system continues to be put down by the rote learning concepts. Lack of high-quality research and education institutions. Loosen criteria for admission in professional courses. Lack of seriousness in faculty of institutes and faculty shortage — 40% and 35% shortage of faculty in state and central universities, respectively. Industry hesitant to become involved in working with educational institutions. Poor English language skills & communication, Computer training, Body Language, Self Confidence, Analytical Ability, Personal Grooming etc. making the cut from the classroom to the conference room is not easy. No training on functional skills to students who are going to be deployed into the industry in a more readily fashion without any extensive training. Commercialization of education- India has become a dirt-pool where educational institutions proliferate like mushrooms. Foremost among these are the engineering and medical colleges which have become clubs of incompetent youngsters. Why…..reason behind 8
    • 9. It is expected that Overall Indian education sector’s market size will increase to Rs 602,410 crores (US$ 100.23 billion) by FY 15 from Rs 341,180 crores (US$ 56.77 billion) in FY 12. Expected revenue of private entrepreneurs in education at US$ 45bn by 2015. 9
    • 10. Shut down of colleges….. Since 2011, 225 B-schools and over 50 engineering colleges across India have downed shutters. Many more colleges have trimmed programmes, branches of engineering or streams in the management course. Vijawada, Andhra Pradesh is credited with having the highest number of engineering colleges in the country. Over 339 colleges of the total 677 are on the verge of closure. (2013) Between 2011 and 2013, the AICTE received 231 applications from management colleges wanting to shut down. In 2013, 94 management colleges have sought consent to shut down.
    • 11. What - Need To Bridge The Gap Objectives: To fulfill the industry expectations To improve the employability To enhance the functional skill required at the time of performing the task To explore possibility of having customized curriculum as per the need of the industry. To bring the industry and academia closer in term of having productive discussion about the opportunities where they can work for mutual benefit. To discuss about the current need of industry in term of competent manpower and how academia can help them to bring desired skill set. 11
    • 12. Gap in Need vs. Expectation  Attitude  Skill  Knowledge  Exposure to real life work place  Overall character development  Industry—institute interface  Course content  Flexibility of approach  Pedagogy (delivery) Industry point of view 12
    • 13.  Industry participation  Clearly conveyed expectations  Vocational training  Practical experience to student  Platform for research & development Gap in Need vs. Expectation Academia point of view 13
    • 14. How to bridge the gap: Action required by Bridging the gap Industry Institutes Students Government 14
    • 15. Action required by Institutes  Selection criteria of candidates- Selection of students with potential for corporate employability  Aptitude test Strict criteria-Personality/interest  Shift from input-centric to learner-centric  Development of faculty, their timely assessment and rating  Great importance and value on closer interaction with industry and R&D organizations. 15
    • 16. Action required by Students  Change concept- Only degree can bring the job  Choose right career path with natural talent  Self driven and not forced by parents/ guardians  Work on soft skill improvement 16
    • 17. Action required by Industry  Transparency- Convey properly what are the expectations from engineering/management graduates.  Adoption of selected institutes by industry.  Create avenues for a close academia and industry interaction through all the phases of technology development.  Academic intervention in solving specific industry problems.  Industry participation in technology development involving some exploratory work . 17
    • 18. Action required by Government  By 2020, India will need 800 more universities and 35,000 colleges more, according to the Ministry of Human Resource Development (HRD).  Scaling up of capacity in existing institutes rather than adding new institutes  Improve technology for education delivery  Input on designing placement process 18
    • 19. Conclusion  Involvement of industry across the value chain, and not limited to the placement process to ensure employability  Curriculum balance in business knowledge and skills, with leadership and soft skill development  Industry exposure through live projects, internships, and case studies on real business issues 19
    • 20. 20 Thank You