Only 18% students from tier 2 biz schools land job offers

May 2, 2014

Jjob_offersNew Delhi, May 2: Campus hirings across second rung business schools in the country have been severely hit this year due to economic slowdown, with only 18 per cent students landing job offers after completing the two-year MBA course, says an Assocham survey.

The salary packages offered at these B-schools have also been curtailed by 40-45 per cent as compared to last year, according to the survey of the industry body.

"Economic slowdown, stalling of new projects and investors' apathy towards key sectors like infrastructure, hotels, financial services, realty and retail have led to drying of job opportunities for several students from the b-category business schools, with only 18% students landing job offers," it said.

India has been struggling with below 5 per cent economic growth, with the country's GDP clocking 4.7 per cent growth in the third quarter ended December, 2013.

The economic slowdown has not only killed jobs, but several B-schools are forced to shut down due to parents and students rethinking on investing two years and several lakhs in a course that may not lead to employment, the survey noted.

"Many parents and students are re-thinking on investing 2-3 years and several lakhs in a course, with the demand and placement of MBA graduates not as good as before due to slowdown. Around 450 institutions have become defunct as they are not getting enough students to be viable," Assocham Secretary General D S Rawat said.

The survey pointed out that more than 220 B-schools shut down in 2013 in the major cities Delhi-NCR, Mumbai, Bangalore, Ahmedabad, Kolkata, Lucknow and Dehradun while another 95 are struggling to stay afloat.

Moreover, candidates applying for the common admission test (CAT) for securing entry into top notch B-schools like the IIMs have also been declining for the last two years, Assocham said.

"The total number CAT applicants stood at 1.85 lakh in 2014, compared with 1.94 lakh in 2013, while MBA seats in the country rose from 95,000 in 2006-07 to 4,68,000 in 2013," the survey said.

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Agencies
July 3,2020

New Delhi, Jul 3: The Delhi High Court on Friday refused to entertain a plea challenging Karnataka government's decision to impose a 25 percent domicile reservation in the National Law School of India University in Bengaluru.

A division bench of Justice Hima Kohli and Justice Subramonium Prasad observed that the impugned law is passed by the State of Karnataka, and the respondent university is also situated in Karnataka.

The court granted liberty to the petitioner to move the appropriate forum with their grievances.

The Karnataka Assembly had passed the National Law School of India (Amendment) Act, 2020 in March this year, which provided a 25 per cent horizontal reservation for students of Karnataka in the NLSIU.

The High Court observed that the main contesting parties in the present case were the NLSIU and the Karnataka Government. As the court did not show any interest in entertaining the plea, the petitioner withdrew the plea.

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News Network
August 9,2020

 

New Delhi, Aug 9: With the National Education Policy 2020 recognising the need for flexibility in choosing the subjects that a student wants to study, implementation of this policy will boost science, technology, engineering and mathematics (STEM) education in India, edtech startup SP Robotic Works has said.

The new education policy also recognised that skills like coding and scientific temper and evidence-based thinking should be learned by all students to become good, successful, innovative, adaptable and productive human beings in today's rapidly changing world.

With the semester-based pattern, there is a lot of relaxation with respect to a child's choice to select their interest in subjects, according to Sneha Priya, CEO and co-founder, SP Robotic Works.

"This will promote the kids to explore various segments which otherwise I believe was restricted to an extent," Priya told IANS in an interview.

On July 29, the Union Cabinet gave its approval to a new National Education Policy (NEP) which aims at bringing about several changes in the education system from the school to college level.

Prime Minister Narendra Modi on Friday said that the NEP is the foundation of a "new India" and that it will help close the gap between education and research.

It is now well recognised that in opening the door to myriad opportunities offered by STEM education, online platforms have played a pivotal role.

Coding-related courses have picked up well and the online platforms have seen a lot of kids enrol in block programming, artificial intelligence (AI) and android app development.

"As the field of STEM education gained immense popularity in India, this online learning platform has seen 80 per cent increase in the number of renewal of programmes, which implies the increase in interest and is a positive sign for the future of STEM education," she said.
The proposal to introduce coding from Class 6 and onwards is one of the best decisions of the policy, Priya added.

"With importance being given to coding in the NEP, the schools will be more open to adopting new ways to ensure their children master in what they are learning which will automatically result in better outcomes," she opined.

"Focus on these skills is crucial during the formative years for the development of the children. Hence, this new policy will prove beneficial for growing kids to gather their interest in coding at an early stage," she said.

According to Priya, it is important to deliver the coding concepts in the right manner to captivate and encourage the child to engross his/her attention towards the subject.

She also stressed that both robotics and coding courses have seen a huge upsurge this year.
In addition to what is being taught at school, the online learning platform has seen an increased number of queries from parents with regards to shaping up their child's coding skills.

"Especially with the current situation, the Covid-i9 lockdown has given more time to students to explore their interest in this field and we have seen double the demand in participation just in the previous few months from children," Priya quipped.

Even during the lockdown, SP Robotic Works said they have seen an increase of 55 per cent in the revenues.

"Additionally, we have seen around 1 lakh new enrolments during the last four months which demonstrates that Indian children are exploring their interests across segments," the CEO said.
"For the next six months, our focus is going to continue educating and engaging more students in experiential learning as we work towards building a nation that's truly 'Aatmanirbhar'," Priya noted.

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Media Release
May 26,2020

The Department of Business Administration organised a Webinar on Career Planning and Development for the Under Graduate and PUC students of various colleges on 23 May 2020. Sr Dr Venissa A.C, Principal, inaugurated the programme and conveyed her best wishes. Mr Abhilash K, Managing Director of Abhijnya Education Private Limited was the Resource speaker.

Mr Abhilash said that a student should assess themselves, evaluate their career skills, set career goals in order to implement and maximise their career plan. He listed out the various courses available after completion of PUC/Degree. He also said that the students need to create their own future, assess their strengths, build personality and explore various options available to build their own career. He gave a few tips on how to prepare for the various competitive exams and manage time.

The Webinar had 125 participants from various colleges who actively participated by asking their doubts on Career Planning. The programme was conducted on Google Meet. Dr Neethu Suraj, Assistant Professor of BBA welcomed the Resource speaker and the participants, Mr Elson Dsouza Assistant Professor of BBA delivered the vote of thanks and Mrs Sabina Dsouza HOD of BBA coordinated the programme.

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