Maha to set up science city named after Rajiv Gandhi in Pune

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Mumbai, Sep 1 | In a significant decision, the Maharashtra government has decided to set up a world-class science city near Pune, under a Central scheme to inculcate the scientific spirit among students and prepare future scientists, officials said on Wednesday.

The proposed complex will be named “Bharat Ratna Rajiv Gandhi Science Innovation City” and shall be developed on an 8-acre complex in the Pimpri-Chinchwad Municipal Corporation jurisdiction.

The decision was taken at a cabinet meeting presided over by Chief Minister Uddhav Thackeray and an initial outlay of Rs 191 crore has been sanctioned for it under a Central government initiative.

“It will be ready within the next five years. It is intended to create a scientific outlook among the students and to prepare future scientists,” said Thackeray.

He said that recognizing the need to strengthen science and technology to shape India into the 21st century, the city will help adopt a scientific approach to change, boost the scientific temperament among the people and students, use tech for social development, experiential learning approach, creating curiosity for science among the younger generations and teaching science in an easy to grasp, fun manner.

The proposed ‘Bharat Ratna Rajiv Gandhi Science Innovation City’ is expected to come up in the precincts of the famed Pimpri-Chinchwad Science Park which became operational in 2013 and has been a huge crowd puller, said the PCPS Education Officer Sunil Pote.

“We have been informed that the upcoming science innovation centre will be designed on the lines of similar high-class scientific zones in China, Singapore and other countries. This will be a good contribution to popularise science among the young minds,” Pote said.

Source: IANS

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Does MBA really help in getting a better job offer ?

Does MBA really help in getting a better job offer ?

Most students pursuing an MBA come with the sole objective of having a decent job offer or a promotion in the existing job soon after completion of the MBA. And most of them take loans to pursue this career dream. According to a recent survey by education portal Campusutra.com  74% MBA 2022-24 aspirants said they would opt for education loans.

There are exceptional cases like those seeking master’s degree or may have a family business to take care of or an entrepreneurial venture in mind. But the exception cases are barely 1%. For the rest 99%, a management degree is a ticket to a dream job through campus placements or leap towards career enhancements. Stakes are high as many of them quit their jobs which essentially means loss of 2 years of income, apprehension and uncertainty of the job market. On top of that, the pressure to pay back the education loans. Hence the returns have to be high. There is more than just the management degree. Colleges need to ensure that they offer quality management education which enables them to be prepared for not just the demands of recruiters and for a decent job but also to sustain and achieve, all along their career path.

  • So, what exactly are the B Schools doing to prepare their students for the job market and make them industry ready ?
  •  Are B schools ready to deliver and prepare the future business leaders to cope up with the disrupted market ?  

These are the two key questions every MBA aspirant needs to ask, check and validate before filling the MBA application forms of management institutes. And worth mentioning that these application forms do not come cheap. An MBA aspirant who may have shortlisted 5 B Schools to apply for, may end up spending Rs 10,000.00 to Rs 15,000.00 just buying MBA / PGDM application forms.

While internship and placements data of some management institutes clearly indicates that recruiters today have specific demands. The skill sets looked for are job centric and industry oriented. MBA schools which have adopted new models of delivery and technology, redesigned their courses, built an effective evaluation process and prepared the students to cope with the dynamic business scenario, have done great with campus placements despite the economic slow down.

However, the skill set being looked for by a consulting company like Deloitte or KPMG may be quite different from FMCG or a manufacturing sector. Institutes need to acknowledge this fact and act accordingly.

  • Management institutes should ensure that students are intellectually engaged, self motivated and adapt to changes fast. In one word ‘VUCA ready’.
  • B Schools should encourage students to participate in national and international competitive events, simulations of business scenarios.
  • Institutes should have the right mix of faculty members with industry exposure and pure academics.

The placement records of 2021 across top management institutes indicated the fact that recruitment is happening, skilled talent is in demand and certain management institutions continued to attract recruiters even in the middle of an ongoing crisis.

It is time, all management institutes rise to the occasion, understand market realities and identify areas of improvement at both ends – students and faculty.

After all, the stakes are high at both ends. B Schools taking corrective measures will stay while those which are lagging will end up shutting down.

Author Name : Nirmalya Pal

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