Sujana School of Business, which took shape as a university-industry interface between Jawaharlal Nehru Technological University-Hyderabad (JNTUH) and the diversified industrial group of Sujana, formally began its academic programme on Tuesday.
DN Reddy, vice chancellor, JNTUH, said it was now a policy of the university to sign MoUs with industrial groups. This was necessary to bridge the skills gap with innovative programmes.
Reddy pointed out that Indian skill base figures at a low 12 points compared with the 86 points in South Korea. He said Indian students need to develop soft skills and analytical skills to excel in current climate.
The B-School offers a two-year postgraduate programme in management (PGPM), the highlight of which is the six months of paid internship spread over four semesters. The degree for the course is awarded by JNTUH under a special arrangement approved by the University Grants Commission.
Reddy said, “Such partnerships will help improve the higher education enrolment rate in the country from the current 11-12 per cent, to the world average of 23 per cent. The government spent Rs 50,000 crore and is hard pressed to take it up by even four per cent.”