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Dear Students,
LAST WEEK WE ASKED: Do you think it is a good move by AICTE to allow companies to set up engineering institutes?
BEST RESPONSE
It is a good move since it is eventually in companies that these engineering students go to. In India there is huge requirement of engineering talent but companies are facing talent crisis because industry standards are not being met. The main reasons being courses not being updated as per requirement of companies, and students not getting practical exposure of work flow of companies. So what can be best idea other than allowing companies to create a talent pool & nurture talents for betterment of companies.
- Sumit Sourav, Regional College of Management, Bhubaneswar.
OTHER RESPONSES
It would be good if AICTE caters to higher education demands through the companies. It is expected that this step will pave way to bridge the lacuna between education and employability. If proper management of the institute is clasped with suitable industry interface, it will surely turn out to be a profitable venture in shaping the career of the student as well as country. BITS Pilani by Birla Group, which ranks as the best private engineering institute in the country, is an epitome in this regard and hope that others soon follow the trend.
- Dipika Sahoo, CET, Bhubaneswar.
It is not a good move by AICTE. Private companies set up education institutes only for profit motive. There are certain requirements which should be fulfilled like good infrastructure, library, faculties, course structure, etc. The supply of qualified students exceed the demand which deter the career of even the deserving students from the top grade engineering institutes and B-schools.
- Karan Uppal, Institute of Management, Nirma University, Ahmedabad.
When raw material quality goes out of hand, companies start integrating backwards to produce raw materials themselves. Economically, skilled labor and talent can be seen as an input to the organizations. And producing this input themselves will give organisations better flexibility and availability of talent. Some of the institutes by Nirma, Jaypee, Tata & Reliance Group are most sought after by students. The move will not only promote R&D culture in India, but also impart industry specific training to students.
- Jyot Navneetbhai Patel, Institute Of Management, Nirma University, Ahmedabad.
Every policy has its own positive and negative sides. If companies are allowed to set up engineering colleges the environment of study in college campus will be more practical and application oriented. Because of their industry interface company set up colleges will have more exposure to industry which will results in dynamic curriculums and better placement. But allowing them to set up colleges is not without loopholes free. Company will mold students as per their requirement, so their career scope may be limited and it may also possible that company may not have that required skill to run engineering colleges.
- Arindam Garai, Regional College of Management Autonomous, Bhubaneswar.
Complying with attached conditions, this move will certainly deliver the stated benefits. Both Industries and students would be the beneficiaries as the former will save both training cost and time invested towards freshers, whereas the latter can now save on his time by embarking in his/her career of interests through such focussed companies' managed courses. At the same time pioneer educational institutions rather being de-motivated, should retrieve learning from such PPP or BOP models as they are to address larger responsibility of catering to talent issues over mammoth value chain of developing economy like India.
- Tushar Shah, PDPU, Gandhinagar.
It is a good move by AICTE to allow the companies to set up engineering institutes because this would fill the chasm industry expectations & educational delivery. The problem like aligning theory with practice can be reduced through this act. Academic knowledge can be superimposed on practical skills & they can be reverse engineered if there is easy access to the engineering community which would come easily if companies are allowed to set up engineering colleges.
- Vishal Rajai, St. Kabir Institute of Professional Studies, Ahmedabad.
To allow companies to setup engineering institutes will increase the level of competition for currently established institutes. So rather than establishing their own institutes the companies should collaborate with existing institutes so as to increase the industry interface of the institutes. So it will be more advantageous for the students to take the benefits of expertise of the companies. So resource sharing among the companies and institutes is possible. So it will enhance the global competitiveness of Indian colleges.
- Uday Parikh, Amrut Mody School of Management, Ahmedabad.
Plethora of engineering colleges in India have been set up by the politician and businessmen. These colleges by and large lacks the industrial academia interaction, which is imperative for engineering institution. Everyone cry out of mismatch between skill required in industry and education imparted at the engineering institution. With green signal being given by the AICTE to companies to set up their own engineering institution. The above mentioned problem of mismatch will be sorted out, and students will be imparted education as per industry requirement. Moreover, it will solve the problem of placements.
- Nilaya Mitash Shanker, IIT Roorkee.
This will be a good move by AICTE if they allow companies to setup engineering college. Companies have expertise in industry which they can utilise in education. A student will get the opportunity to learn theoretical as well as practical knowledge from the company itself. The placement track will also be good because company can absorb majority of the student for their own requirement. But there is a caution, it also possible that company may not have that academic expertise to run a college and they may consider it for the sake of profit only.
- Uttam Kumar Pathak, Regional College of Management, Bhubaneswar.
Allowing companies to set up engineering institutes would bridge a gap between technical education and industrial employability. The eminent companies would bring loads of experience and expertise with them which would act as a catalyst for injecting skilled persons to the industry. However, the check should be kept so that the industrial honchos don't turn it into a business minefield. The research and development may suffer as the focus would be only on growing employable persons. The tier 2-3 colleges will face stiff competition and the placements will suffer due to reluctance of these companies to visit campuses.
- Debayan Daw, ITM University, Gurgaon.
The major shortcoming with the students graduating from majority of engineering institutes in India is that they are not fit enough to be employed in a company directly. So, it would be great if AICTE allows companies to set up engineering institutes where they themselves can effectively instill industry standards in students throughout the duration of the course. Otherwise, it is difficult for them to communicate with the freshers due to lack of coordination with the college. Thus, the companies have a main role in making the students industry ready just after their engineering, without the need to give training.
- Shivam Chhabra, Integral University, Lucknow.
AICTE’s proposal of allowing companies to set up engineering institutes will definitely create a benchmark as students in these institutions can have access to a company’s infrastructure and will also learn to imbibe the best practices of the industry. This facility would also provide the students to work on live projects and also have cooperation with the faculty members to participate with the industry experts whereas the industry also would benefit from the faculty expertise. Also entrepreneurship development with the industry would promote innovations within the institutes based on the requirement of the industry.
- Pratik Bairagi, Regional College of Management (Autonomous), Bhubaneswar.
There is a paucity of engineering institutes in India that provides skills in alignment with industrial standards. AICTE has taken really a commendable move to allow companies to set up engineering institutes. It will help to provide adequate practical exposure and learning among the students. For sustainability of this model, AICTE has decided to allow companies with a turnover of Rs.100 crore in the last three years to set up their engineering institutes. Still there is slight risk that the private and public players can take this opportunity as a means to meet their ends of profit making.
-Saurabh Kumar, Institute of Management, Nirma University.
In the current industry environment, companies are demanding customized education from the engineering institutes which can help to improve their top line. Currently engineering institutes are providing a plain vanilla engineering courses. In order to fill these gap, AICTE should allow companies to set up engineering institutes which can train the students which can easily fit in the industry. The main task of AICTE will be to evaluate the pre and post effect of the institutes in terms of education, employability and so on , and if the metric comes to be positive then AICTE should allow the companies to establish the institutes.
- Harsh Mehta, St. Kabir Institute of Professional Studies, Ahmedabad.
In a revolutionary step that may eventually allow corporatisation of professional education in India by the AICTE’s decision to set up technical and professional colleges through corporates giants might diminish the gap between demand and supply in technical education but with having mixed impact. Students in these centers can get access to a company’s infrastructure , will learn to imbibe the best practices in the industry, practical and employable skills-set ,reduced training cost to company but will get only company specific exposure and not holistic education and also create lethargic wave of competition among already well established educational institutes.
- Sanket Marathe, Fr. C. Rodrigues institute of management studies, Navi Mumbai.
AICTE is a institute which is provide course of MBA and engineering but by the current scenario of engineering demand is more and it's a better way to improve technical skills. If AICTE allow to companies to establish their Institute for engineering then it will be good opportunity for students to learn about the companies as well as companies work also which will be help to students for set in the industries. However AICTE should allow to companies for engineering institute when there result comes to be positive.
- Lalit Soni, St. Kabir Institute of Professional Studies, Ahmedabad.
Your responses should reach us at edu@business-standard.com by Monday evening every week. Please ensure that your responses do not exceed 100 words. Avoid attachments and email your full name, institute's name, batch and complete mailing address. The student who gives the 'Best Response' will be awarded Rs 500.
THIS WEEK'S QUESTION: Do you think summer sabbaticals for faculty at industry is a good idea?
